The point being that generally a real business gives money the shareholders, not the other way round, so ' normal ' rules dont apply

Sorry but I'm not quite sure what you mean...

All I did was state the statutory rights of a shareholder in a company.

Whether or not that company makes a profit or not has no impact on the shareholders' rights.

Have I missed something?

Relevance

No I didn't miss relevance - unlike most on here I gave a straightforward answer to a query - "what would shareholders vote on?".

I did not attempt to spin it, justify anything, criticise anyone or make it "relevant" - I just set out the facts. That is what I do for a living.

Pick an argument where someone wants one, I don't.

Not hiding behind a username -

Michael Norris,
CEO
Rivertime Corporate Finance Ltd

Sporting Club Leigh being continually financed by its shareholders would be a ' Company ' in name only, a more relevant comparison would be with a charity, as that is what is being proposed

Not looking for an argument

Not hiding behind a user name, my name has been on open display for months now

Not looking for

That's fine mate - maybe if you had said that instead of the one word response I wouldn't have thought thus.

I think this site makes everyone paranoid!

By the way I think there is no reason why a well run Leigh RL cannot break even in the medium term but there are obviously lots of things which would need to change to achieve this.

Would share holders be asked to pay monthly subscriptions?.
Wouldn't that just limit the number of people you could engage with?.
Would it not be better to try to sell an idea to a very large number of people and try to get them to subscribe to £30/£50 a year?.
For that to happen you would need to be a REAL,PROPER community club and thats a serious operation

Bloody Hell, thats 2 of us then

The minimal answer comes from having ' Solicititus ' , an affliction that forces me to do the opposite of a solicitor, they use 1,000 words where 1 will suffice, I use 1 if at all possible, have a chat with our Chairman to see what I mean if you get the chance

How would you describe a ' Community Club ' jc?

Expand on that Keith

Being joined at the hip with every amateur and kids sports club be they RL,RU,cricket,football etc this side of the borough.

Clubs/organisations working together to have sports days a few times a year held in leigh/atherton etc.

Get that bloody East stand opened and get it packed out.

Anything that gets kids,parents and grandparent interacting with Leigh centurions.

The above ideas plus the many i know you and others can think of are vital if you want people to buy into an idea.

Any monies raised for the club thru shares should imo be ploughed back into these kinds of projects.

Great post.

I would certainly champion a large budget towards these kinds of initiatives if I were sat on a board of any description fan owned or not.

Fan ownership is a genuine way forward for the club, but surely could only succeed if our present debt situation was sorted out first. Should be open for discussion at next Lisa meeting.