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Re: LISA S very important annoucement : Sat Feb 18, 2012 7:18 pm  
Well I for one hope that this has finally been resolved and that LISA carries on the good work without any unnecessarry expense being incurred and a token share in the club should make all members well pleased (as one of my grandsons says).
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Re: LISA S very important annoucement : Sat Feb 18, 2012 7:24 pm  
TV BOY wrote:
Well I'm not well up on corporate law but Phil and Keiths personall bank accounts are a completely different kettle of fish to the funds held by LISA, read what I said again. Another thing in a bankruptcy court could the LISA funds be lumped in with the clubs assets with a place on the board?


Simple answer - NO. Each is an independent legal entity (as are Keith and Phil as individuals),
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Re: LISA S very important annoucement : Sat Feb 18, 2012 7:27 pm  
Toadstool wrote:
Simple answer - NO. Each is an independent legal entity (as are Keith and Phil as individuals),


Agreed, that is also how I understand it.
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Re: LISA S very important annoucement : Sat Feb 18, 2012 9:21 pm  
Starbug wrote:
Wether LISA has a shareholding or not, what is more important is access to the financial situation at the club at any given time and that best use of LISA donations is being made,

In recent years LISA has had 2 functions, 1 raising of money to help with signing and paying of players , 2 a communication channel between the club and its supporters

With the current administration and the openness of the fans forums, the communication aspect is now less relevant, hopefully the FF s will continue, albeit with less frequency meaning the club is on a more stable footing

Therefore LISA s main concern will be to continue to find new ways of raising money, continuing the current endevoures and attempting to increase membership

Even though we all support the club and may well be members of LISA, everyone one of us will have different ideas on how the club should operate, I myself have beliefs that the club isn't ready for SL and should not apply until it is, how would that opinion fit in with other LISA members if say I was to be the appointed ' LISA ' director?

Similarily if it is an ' ideas ' person, why would they need LISA affiliation? , if you have an idea that you think can benifit the club, it has been thought through, and you can implement it or help the club implement it, contact the BOD or Trevor direct, there is no need to be associated to LISA for that

It is an independant body, with the rights to give or withold money to the club as it sees fit , it should remain that way IMO

If Sporting Club Leigh wished to give the LISA organisation an honorary shareholding in recognisition of its contribution to the club over many years, that would be fine, and perhaps a good idea

Completely agree with that one. As you say, there is certainly no problem with communication from the current board and it's hard to see what can be brought to the table by someone who, first and foremost, would be there as LISA's representative and therefore having to shoulder the responsibility of the membership which I would expect to be a huge burden when added to the existing pressure of being a board member.
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Re: LISA S very important annoucement : Sun Feb 19, 2012 3:01 pm  
Given the state of the clubs finances I think we need an accountant on the Board. The LISA treasurer is an accountant and perhaps he should be asked to represent us.
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Re: LISA S very important annoucement : Sun Feb 19, 2012 7:20 pm  
jpleigh wrote:
Given the state of the clubs finances I think we need an accountant on the Board. The LISA treasurer is an accountant and perhaps he should be asked to represent us.


The club have enough financial expertise at their disposal, the figures involved are not difficult enough to need a dedicated accountant
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Re: LISA S very important annoucement : Mon Feb 20, 2012 3:39 pm  
So in summary

Director - NO
Shareholding - YES
Can they take the money - NO
Financial Transparency - YES

I would buy that.

Ooops and folk now know that being a shareholder and a Director are very different :wink:
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Re: LISA S very important annoucement : Mon Feb 20, 2012 4:29 pm  
Which one of you are going to sort it out now then?
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Re: LISA S very important annoucement : Mon Feb 20, 2012 5:38 pm  
LISA acts in an advisory capacity by regular contact with the Board but with financial transparency as a shareholder.
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Re: LISA S very important annoucement : Tue Feb 21, 2012 8:35 am  
Spoke with the LISA chairman last night, he said, when this was discussed at the LISA meeting last week, NO ONE HAD anything to say, no objections were given by anyone, so he wants us to continue with this, we will be organising to speak with the club soon, to discuss how it will work.
Over the last few days I've been fuming over this thread but Im not letting scaremongers ruin all our hard work.

Thanks to the LISA members on this thread for their advise, we will take it all on board before a final decision is made, however anyone else shouldn't comment, if their not a member.
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