How is SAFC set up?
SAFC Ltd owns Southill Alexander Football Club, its Board of Directors have secured funding via Sponsorship to secure the future and running of a traditional model Non-League Football Club.
The opportunity is however provided for Shareholders to really own their football club. Real ownership and Club Website Membership will provide the funding for shareholders to decide how the club develops. Shareholding Club Website Members will control their budget, strategically plan and link objectives when applicable with the Clubs Board and decide its own destiny. Voting on all decisions relating to the football club.
Board Directors will ensure that the club is protected and stable by means of traditional income streams and Shareholders Club Website Members will fund and direct budgetary planning on key areas such as:-
Finance – Full Access to Club Financial management, budgetary planning and joint decision making.
Merchandise – Club Supporters Shirts, etc. Setting Pricing and Budgeting Income.
Marketing – Members will drive recruitment, develop new income streams and marketing the club both locally and globally.
Purchasing – Players Kit, Training Equipment
Website / IT – Work with the Clubs IT Managers to implement the tools Owners need.
Match Day Management – Help plan & add resources to create the best Match Day Experience for SAFCs fans.
Local Community - Help develop links with the local community and Schools
Board Directors will serve either a 2 or a 4-year term of office, to ensure that there is both injection of new ideas alongside ongoing stability.
About Southill Alexander Football Club
Southill Alexander will play their home league and cup games at the home of Biggleswade Town FC in a new stadium built for the start of the 2008-2009 season.
Southill Alexander FC will commence playing in the Bedfordshire County Premier League for the 2009/2010 season, step 7 of the English league Pyramid
Can I become a Shareholder
Yes - as long as you aged 18 or above. Anyone is able to join from any country in the world.
Financial Matters in the hands of the Owners?
Each Owner will purchase a minimum of one share in SAFC Ltd, priced at £25 each. £1 of this will be held as Share Capital, the remainder will go in its entirety to SAFC Ltd and used solely for running the Football Club. Shareholders will be allowed a maximum of 5 shares from an initial One Thousand available on a first come first served basis during the first operational year. These shares will be Non Dividend, and Non Refundable excepting for any future sale of the Club. One Shareholder equals one vote no matter how many shares are held individually. SAFC is a limited company therefore shareholders will not be liable for any debts or losses the club make.
Shareholders may apply to become a Club website member, fees will initially be set at £25 each for a one year period. The benefits of the website membership will be full access to our interactive site, regular club updates, the ability to review club finances and vote on all major decisions relating to the club, plus a whole lot more. A share in the club must be purchased prior to or along with club website membership.
Shareholders will vote and determine subsequent years membership fees prior to the end of each previous years membership.
All Club Website Membership fees will go directly to the running of the Clubs business and football team as directed and budgeted by Shareholders. Club Website Members will have full control over the strategic budgetary planning of their funds and will only be assisted by the Board as directed. One Club Website Member will be elected onto the Board by fellow Members, for a rotating 2-year term of office.
SAFC Ltd Board of Directors has no paid or salaried employees, they must also hold a minimum of One Share each in SAFC Ltd. There are no “Admin” fees, Club Website Membership fees will go directly to the running of SAFC at Club Website Members direction.
Share Issuing?
If by September 1st of 2009, any of the original 1000 shares are available for purchase; existing owners will then be allowed to buy more shares, again to the limit of 5 per owner and again on a first come first served basis. Application for shares will be by electronic mail and fully auditable. This allows owners who would like to invest more, to spread their investment over the course of the year and it can also generate income throughout the year for the club.
At the end of the First year owners can vote on whether another 1000 shares should be issued.
Enough of Business! Who Picks the Team?
SAFC already has a Team Manager appointed. He will pick the team. Owners will however get a very high level of interaction and involvement with Steve Foster who commits to Manager Briefings comprising;-
Match Reports
Upcoming game Opposition Briefing
Player Training & Fitness Reports
Weekly Diary & Blog
In addition, we all know that Owners want their say in who is in the squad. Non League football moves very fast in reality, unguarded rumours can ruin a proposed transfer into the team. The Team Manager will be responsible for recruiting new players within his budget, however, Owners will be informed of what are known as 7 day transfer requests on any SAFC player approached by another team and have input into whether to attempt to retain that player, or not. Also owners will be informed when SAFC put in a 7 day request to another club in an attempt to sign that player
SAFCs Playing Budget is set at a minimum and funded through the traditional income streams set by the Board. Club Website Membership Owners will decide themselves whether to increase that Playing Budget through discussions and reviewing the clubs budget and financial forecast.
Read enough?
If not, please read the Terms & Conditions of Club Website Membership here for more details. Then get ready to meet the Team! We look forward to you joining us as owners of “YourFootballClub”, Southill Alexander FC!
Problems Signing up?
Contact enquiries@southillalexanderfc.com