Supporters Trust 4th AGM
The Annual General Meeting for all Trust members will take place on Thursday 26th January in the Norwich City Boardroom (accessed from entrance on Carrow Rd) open from 7pm for a 7.
The Annual General Meeting for all Trust members will take place on Thursday 26th January in the Norwich City Boardroom (accessed from entrance on Carrow Rd) open from 7pm for a 7.30 pm start.
t CHAIRMAN'S REPORT
In last years report, we were all looking forward to life in the Premiership. The heady heights of promotion to that league are however now just a fond memory as the reality of survival at the top level proved just beyond us.
I warned that the large influx of money from being in the Premiership would not in an instant, solve the longer term financial concerns and the work of fund raising would continue to be of paramount importance. Having now seen the Football Club accounts for year ending 31st May 2005, it is clear my words have proven to be accurate. Whilst the astute business people at the helm of the Football Club have the debt position under control, further share purchases from the Trust would be welcomed.
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Over the last year the Trust has increased their shareholding in the Club to £15,000. This was possible through the ongoing renewal of Trust memberships and the fund raising activities we undertook at the Royal Norfolk Show, the Football Club Roadshows and Carrow Road Open Day. We had a number of other activities planned but the lack of a full Trust Board compliment allied to the health and work commitments of individual Board members, restricted our efforts. We did however co-opt two additional members to the Board during the summer and they have been a great help in formulating our ambitions for the next twelve months.
The Football Club accounts show there are over 44,000 un-issued shares and it would take over £1m to acquire all of these. Whilst your Trust cannot hope to raise that level of money overnight, it remains the prime objective to continue acquiring shares in the Club through our fund raising activities.
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As a Board, we are not short of fund raising ideas but certainly in need of some additional people to help with these activities. The notification accompanying this report will show there are a number of vacancies on the Board for both elected and co-opted positions. The Board meets once a month and we are in particular need of someone who can help with a revamp of our Website and other persons willing to give up some time to progress existing fundraising ideas and/or bring fresh ideas forward for consideration.
Please could I ask you to consider filling a vacancy on the Board where possible or even merely offering some help from time to time on fund raising activities.