Setting up a Football Community Mutual

A Seminar for Supporters Direct

Kevin Jaquiss

The ideals of a Supporters Trust Not for profit

Democratic

Limited liability for members

Influential

Why industrial and provident society?

… intended to intimate the design that such societies should be industrial as making their profits by mutual exertion of the members and provident as distributing their profits by way of a provision for the future

The aim in 1834 The frugal investment of the savings

of members for better enabling them to purchase food, clothes and other necessaries, or the tools and implements of their trade or calling, or to provide for the education of their children or kindred

The 1862 Act

IPS can carry on any trade except mining

IPS can hold property in its own name

Members have limited liability

The framework today A society “for carrying on any trade

or business”…

… “which is a bona fide co-operative or conducts or intends to conduct its business for the benefit of the community”

How does an IPS come into being?

Registry of Friendly Societies

“Community benefit”

Changing the Rules

Administration

Fees

Accounts

Annual Returns

The IPS in football Meeting the ideals: Not for profit Democratic Limited liability for members Influence

• Fund raising• Working with other groups

What the Rules say aboutProfit

The business of the Society is to be conducted for the benefit of the community served by the Club and not for the profit of its members. (Rule 5)

Other provisions about profit

Board members to have no financial interest (Rule 72)

Surplus on winding up to benefit the community not the members (Rule 104)

What the Rules say about Democracy

8 members of the Society Board or such higher number as shall be required so that elected members of the Board are in a majority over co-opted members will be elected by the members in accordance with such arrangements as shall be determined by the Society Board (Rule 54)

Other provisions about democracy

Open membership (Rule 9) The role of the Secretary (Rules 29

and 39) Regular elections (Rule 61) Use of e-mail and the internet (Rule

35)

Protecting the Ideals The Society’s Objects (Rule 2): to strengthen the bonds between the Club and the

community which it serves and to represent the interests of the community in the running of the Club

to benefit present and future members of the community served by the Club by promoting encouraging and furthering the game of football as a recreational facility, sporting activity and focus for community involvement

Protecting the Ideals Limited power of investment (Rule

3) The duty of the Board (Rule 25) Changing the Rules (Rules 97 and

98) Converting to a company (Rule 99)

Setting up a Football Community Mutual

A Seminar for Supporters Direct

Kevin Jaquiss