AFAIK not yet. Dr Michael Benjamin, Community Psychiatrist ------------------------------- myRay: On-line Self-Help CBT http://www.myRay.com http://www.myRay.org ------------------------------ Mental Health: http//www.MyDoctorExplains.com -------------------------------- Auditing || Quality Control http://www.MyDoctorExplains.com/alamo/ -------------------------------- Blog: http://www.DrMichaelBenjamin.com
On 3 April 2014 18:50, Leeds List <[email protected]> wrote: > Willing to be corrected but are the shares on public sale? > > Sarge > > Sent from my iPhone > > On 3 Apr 2014, at 16:44, "[email protected]" <[email protected]> wrote: > > > Here is the plan from the Trust - so all you out there , get your money > out ???? > > Dave > > Leeds United Supporters' Trust would like to start canvassing opinions > from fans about our Fan Share Scheme proposal, that will allow fans to buy > a stake in the club and ensure supporters have a voice at Elland Road. > > > > The scheme will be open to all individuals, groups, businesses etc > without discrimination or prejudice. It will be administered by the Trust, > who over the last twelve months have undertaken the work required to be in > keeping with Financial Conduct Authority (FCA) regulations, and with our > responsibilities as an Industrial and Provident Society (IPS). > > > > The proposal is to offer two donation options. > > > > The first is to donate to a fixed sum that would provide a pot of money > with which shares in the club could be bought outright. The size of the > shareholding bought would be negotiable dependent on the amount pledged. > > > > The second is to make monthly donations by direct debit or standing > order to provide an annual sum that can be invested in the club to buy > additional shareholdings, or for specific purposes as the donators choose. > Use of this money would be written into any agreement with the club's > owners. > > > > We are planning to have a scheme in place whereby donators who would > like to make a fixed upfront donation but don't have the cash available > would be able to use an affordable loan system, so they could donate > upfront to the fund and then pay the money on a monthly basis. Loans would > be granted alongside a savings scheme, so that repayments would also build > up a small savings fund for each donator at the same time. With this scheme > we hope that all fans will have the opportunity to donate. > > > > As part of the Trust's constitution a LUST board member would be > required to have a non-executive place on the board at Leeds United to > facilitate the Fan Share Scheme. To ensure a fully independent and > democratic process, alongside this any donator will be able to nominate > themselves for a second place on the board, which will be voted for by all > the other donators. This will be a condition of the Fan Share Scheme. > > > > The amount of any financial donation will not buy the donator any more > power or authority than any other. Each donation will give the donator one > vote: one donator, one vote. > > > > As a legal requirement of the rules that govern LUST as an IPS, enforced > by the FCA, all donators will become free members of LUST. > > > > Donators can choose one or both donation options. > > > > We plan to begin canvassing opinions on this scheme next week, but feel > that with the situation at the club at the moment it is important to give > our members, supporters' groups and Leeds fans the chance to think about > these proposals. > > > > The canvassing exercise will not commit anyone to any financial > obligations; we will use the feedback to make informed decisions about our > financial plans going forward. > > > > The scheme is not dependent upon who gains control at Leeds United. LUST > can and will work with any owner to ensure that supporters have a voice, > and that their money can be used for the future benefit of the club. > > LEEDS UNITED SUPPORTERS TRUST | POST A COMMENT | SHARE ARTICLE > > > > > > > > > http://lufctrust.squarespace.com/blog/2014/4/3/proposed-fans-share-scheme-from-the-trust.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+lufctrust+%28Leeds+United+Supporters%27+Trust%29 > > _______________________________________________ > > Leedslist mailing list > > Info and options: > http://mailman.greennet.org.uk/mailman/listinfo/leedslist > > To unsubscribe, email [email protected] > > > > John 'Grampa' Sykes > > Rest In Peace old lad > > 28th Oct 1938 - 12 Nov 2013 > > MARCHING ON TOGETHER > _______________________________________________ > Leedslist mailing list > Info and options: > http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > John 'Grampa' Sykes > Rest In Peace old lad > 28th Oct 1938 - 12 Nov 2013 > MARCHING ON TOGETHER > _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] John 'Grampa' Sykes Rest In Peace old lad 28th Oct 1938 - 12 Nov 2013 MARCHING ON TOGETHER
