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Post by bazzer9461 on Apr 23, 2014 15:42:44 GMT
Can we have an update on the money that has been raised by the Yellow army and money that is still left from the 12th man fund.
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Post by rosieburns on Apr 23, 2014 15:52:51 GMT
Has it been used ? If not i propose an end of sseason pub crawl with the proceed's...... All on favour say..... Aye....
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Post by lodeyellow on Apr 23, 2014 15:54:29 GMT
I believe it's been stated elsewhere that there's still around £15,000 left in the 12th Man Fund.
The Yellow Army will no doubt be letting us have some figures shortly.
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Post by bazzer9461 on Apr 23, 2014 16:06:36 GMT
I hope we get an update and also what do they plan to do with it.
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Post by Mark Sennett on Apr 24, 2014 8:34:00 GMT
Hi here's the latest update. Yellow Army events raised circa £6k for Dave Langan, £1555 profit from the YA party, £2,800 for the walk (50% goes to Helen and Douglas House), we've raised £1500 in the last 3 home games (£1k of that is in merchandise). Having said that we spent £1441.99 on stock for merchandise. That bought us 100 scarves, 1000 badges, 500 key rings and 250 stickers. We also spent £150 on sponsoring David Connolly. So effectively the money we have raised in the past 3 games had made us break even on our expenditure so we are thrilled that we were able to do this so quickly. We will also now be selling YA merchandise and programmes at the Oxford United Women’s home games starting from this Sunday.
So to answer the question available funds in the account stands at circa £2901. Total funds raised by all YA activities this season stands at £10,301. Over the coming weeks we will be setting up a standing order donation scheme where fans can donate to the YA and they will get a free gift after their first donation clears. We will also be launching our website, which will feature an online shop, which we know is something that Exiles have been asking for! So still plenty to do but we are extremely grateful to Oxford fans for their generosity this season.
Hope that answers the question.
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Post by McVicar on Apr 24, 2014 8:58:18 GMT
Selling £1000 of merchandise in 3 home games is pretty impressive.
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Post by foley on Apr 24, 2014 9:40:45 GMT
Hi here's the latest update. Yellow Army events raised circa £6k for Dave Langan, £1555 profit from the YA party, £2,800 for the walk (50% goes to Helen and Douglas House), we've raised £1500 in the last 3 home games (£1k of that is in merchandise). Having said that we spent £1441.99 on stock for merchandise. That bought us 100 scarves, 1000 badges, 500 key rings and 250 stickers. We also spent £150 on sponsoring David Connolly. So effectively the money we have raised in the past 3 games had made us break even on our expenditure so we are thrilled that we were able to do this so quickly. We will also now be selling YA merchandise and programmes at the Oxford United Women’s home games starting from this Sunday. So to answer the question available funds in the account stands at circa £2901. Total funds raised by all YA activities this season stands at £10,301. Over the coming weeks we will be setting up a standing order donation scheme where fans can donate to the YA and they will get a free gift after their first donation clears. We will also be launching our website, which will feature an online shop, which we know is something that Exiles have been asking for! So still plenty to do but we are extremely grateful to Oxford fans for their generosity this season. Hope that answers the question. Mark, I think that the original poster was asking for the information on the YA/12thMan funds left. My understanding is that there was quite a lot left in the 12th man account. Which the club could have used to sign players. Does anybody have the details of that?
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Post by Trevor L on Apr 24, 2014 9:54:39 GMT
£15,090 is in the 12th Man fund and has not been requested by the club. It is for first team players because that was the purpose for which it was raised. It has been available for a number of months and the club has been fully aware and has chosen not to use it, no doubt for its own reasons.
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Post by Mark Sennett on Apr 24, 2014 10:16:59 GMT
We are delighted with the amount of merchandise sold after just 3 games and we are equally pleased that the club asked us to sell it at the Womens games. All monies raised go as a percentage split towards to Oxford United Youth and Community Trust (this covers YTS, community programme, and Womens team etc) and match day atmopshere/positve fans projects. Split is 80% to Youth and Community Trust. It's good that we've covered our costs after just 3 games and with one more home game, plenty of Womens games, the annual OUFC Fun Day, and next season then all sales now are pure profit. If we can shift all of the merchandise in the coming year we will have raised a profit of £3558.01. That's why we ordered items that aren't time sensitive. You can buy any of these items from Sue Trafford on match day, or in the 12th man bar and also from programme sellers inside the concourses. Hoping to have the new website up next month, which will be a huge help too.
Glad Trevor has also posted to confirm final amount in the 12th man fund. As he says the club are well aware of the amount in the fund. When you look at the figures raised by all groups it's a big amount and that's credit to everyone who has bought items, donated, or taken part in events. Never can our fans be accused of not supporting fundraising venutres for their club.
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Post by pottersrightboot on Apr 24, 2014 10:38:22 GMT
£15,090 is in the 12th Man fund and has not been requested by the club. It is for first team players because that was the purpose for which it was raised. It has been available for a number of months and the club has been fully aware and has chosen not to use it, no doubt for its own reasons. Feel free to shoot me down in flames here - this is so niggling. That £15K used well could have quite possibly have produced a couple more wins. And how would the supporters be feeling then? I simply do not understand why the club did not make use of the money. What's it going to do? sit on account in perpetuity earning 0.25% interest p.a.? When we set up the 12th Man concept back in the summer of 2009 nobody imagined this most unhappy outcome. Why did everyone bother?
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Post by Mark on Apr 24, 2014 10:50:44 GMT
In 2009 we were in the conference with a manager and chairman who liked the loan system, where transfer fees and wages were relatively low.
We now sit in L2 with a chairman who doesn't like the loan system, where decent players cost more money than can reasonably raised by the 12th Man fund.
I don't think anyone predicted our collapse out of the play-offs when Wilder left, with the available players and squad, and further loans just didn't seem necessary.
Obviously there must be a bit more in the background, perhaps one day we'll hear the real reasons.
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Post by Si Bradbury on Apr 24, 2014 11:18:34 GMT
£15,090 is in the 12th Man fund and has not been requested by the club. It is for first team players because that was the purpose for which it was raised. It has been available for a number of months and the club has been fully aware and has chosen not to use it, no doubt for its own reasons. Feel free to shoot me down in flames here - this is so niggling. That £15K used well could have quite possibly have produced a couple more wins. And how would the supporters be feeling then? I simply do not understand why the club did not make use of the money. What's it going to do? sit on account in perpetuity earning 0.25% interest p.a.? When we set up the 12th Man concept back in the summer of 2009 nobody imagined this most unhappy outcome. Why did everyone bother? Agree with all of that expect the last question. The club should have used the money the 12th Man raised. That's what it's there for. Waddock despite saying he wanted to give the current squad a chance, should have used the money. I understand why he would want to appraise the squad but there are enough supporters and club management to put an honest overview of the squad at that time and what needed to be done. It took a few weeks for the likes of Smalley and Rigg to float out of the picture, we all knew that to be the case anyway. It was a mistake not to use the money despite Trevor and others reminding the club it was there to use. That's my honest opinion. As for why we bothered, the monies raised in the early days contributed without any doubt to getting in players to help get us out of the Conference (Wright, Cook, Tonkin et al). It also was a way which brought the fans back together, quite successfully, at a time where there were divisions following on from Nick Merry's reign.
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Post by Mark Sennett on Apr 24, 2014 11:18:59 GMT
Who knows perhaps there will be a request for funds in the summer?
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Post by Trevor L on Apr 24, 2014 11:24:20 GMT
£15,090 is in the 12th Man fund and has not been requested by the club. It is for first team players because that was the purpose for which it was raised. It has been available for a number of months and the club has been fully aware and has chosen not to use it, no doubt for its own reasons. Feel free to shoot me down in flames here - this is so niggling. That £15K used well could have quite possibly have produced a couple more wins. And how would the supporters be feeling then? I simply do not understand why the club did not make use of the money. What's it going to do? sit on account in perpetuity earning 0.25% interest p.a.? When we set up the 12th Man concept back in the summer of 2009 nobody imagined this most unhappy outcome. Why did everyone bother? The comment is understandable prb. It is admittedly a small amount of money in the grand scheme of things, but an amount which would have, say, paid for another decent loan player for the final months of the season, and is sat unused. Equally, bigger fish have no doubt been a-frying in the club's considerations, and maybe this tiddler was caught up in the farrago surrounding Wilder's departure. That's pure conjecture on my part - I can't claim to understand the thinking.
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Post by iambungle on Apr 25, 2014 9:59:23 GMT
What ever the agenda(s) are and were between the club / YA / 12th Man, it was surely a huge mistake not to use the 12th man money. If it didn't get requested for when we were in dire need of it at various times this season, then, imo, it will never get requested in the future.
So - a question for Trevor - is their anything in the rules / constitution of the fund that will allow you to wind it up? (And obviously donating the money to support some other club-related activity or scheme?)
A few ideas... - buy a number of match tickets each game and distribute to local schools / charities etc - lay on a free coach or two to away games (perhaps with a condition that it is for families etc) - just donate the whole damned lot to the youth / community project that YA is raising funds for so that a line can be drawn under it
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Post by ZeroTheHero on Apr 25, 2014 11:29:52 GMT
What ever the agenda(s) are and were between the club / YA / 12th Man, it was surely a huge mistake not to use the 12th man money. If it didn't get requested for when we were in dire need of it at various times this season, then, imo, it will never get requested in the future. So - a question for Trevor - is their anything in the rules / constitution of the fund that will allow you to wind it up? (And obviously donating the money to support some other club-related activity or scheme?) A few ideas... - buy a number of match tickets each game and distribute to local schools / charities etc - lay on a free coach or two to away games (perhaps with a condition that it is for families etc) - just donate the whole damned lot to the youth / community project that YA is raising funds for so that a line can be drawn under it The money raised for the 12th Man Find was, as I remember it, specifically raised to help the club with additions to the first team squad. If that's why people contributed, that's what it should be used for and I have every confidence that is what it will be used for. If IL doesn't want to use it, then it can sit in a bank account accruing interest until we have an owner/chairman/manager who does (all IMO of course!).
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Post by bazzer9461 on Apr 25, 2014 12:22:34 GMT
What ever the agenda(s) are and were between the club / YA / 12th Man, it was surely a huge mistake not to use the 12th man money. If it didn't get requested for when we were in dire need of it at various times this season, then, imo, it will never get requested in the future. So - a question for Trevor - is their anything in the rules / constitution of the fund that will allow you to wind it up? (And obviously donating the money to support some other club-related activity or scheme?) A few ideas... - buy a number of match tickets each game and distribute to local schools / charities etc - lay on a free coach or two to away games (perhaps with a condition that it is for families etc) - just donate the whole damned lot to the youth / community project that YA is raising funds for so that a line can be drawn under it As zero says its for players
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Post by iambungle on Apr 25, 2014 13:25:08 GMT
What ever the agenda(s) are and were between the club / YA / 12th Man, it was surely a huge mistake not to use the 12th man money. If it didn't get requested for when we were in dire need of it at various times this season, then, imo, it will never get requested in the future. So - a question for Trevor - is their anything in the rules / constitution of the fund that will allow you to wind it up? (And obviously donating the money to support some other club-related activity or scheme?) A few ideas... - buy a number of match tickets each game and distribute to local schools / charities etc - lay on a free coach or two to away games (perhaps with a condition that it is for families etc) - just donate the whole damned lot to the youth / community project that YA is raising funds for so that a line can be drawn under it The money raised for the 12th Man Find was, as I remember it, specifically raised to help the club with additions to the first team squad. If that's why people contributed, that's what it should be used for and I have every confidence that is what it will be used for. If IL doesn't want to use it, then it can sit in a bank account accruing interest until we have an owner/chairman/manager who does (all IMO of course!). Well, that is, in my view, rather unsatisfactory. I have contributed to the fund, as have many others. I, for one, do not want that money languishing in a bank account. I know the stated aim was to help with players, but if there is no chance of it getting used for that purpose in the medium term (and that is after all pure conjecture on my part), then my original question stands......is there anything in the rules / constitution of the fund that allows it to be would up?
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Post by Mark on Apr 25, 2014 13:29:45 GMT
I suspect the very limited nature of what the 12th Man Fund money could be spent on was a contributing factor to why it lost the support of the club and was closed to new fundraising.
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