Full and life members...

Discuss all matters related to Dagenham and Redbridge
dj johnny b
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Joined: Mon Sep 19, 2016 9:04 am

Full and life members...

Post by dj johnny b » Thu May 10, 2018 11:31 am

So the meeting (only a week today) involves an "update" and "advised of proposals" but does it also incorporate a vote (which then "ALL" supporters would be made aware of an hour later?)

dagger4eva
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Re: Full and life members...

Post by dagger4eva » Thu May 10, 2018 1:54 pm

As far as im aware, a vote by the full members is not required.

Any future proposals put forward are done so by the board of D&RFC2017 Ltd and would no longer require agreement by the Full Members entity in order to proceed with anything they so wished...

VIEW FROM THE STAND
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Re: Full and life members...

Post by VIEW FROM THE STAND » Thu May 10, 2018 5:31 pm

You may well be right D4E, but I’m curious as to why the members were issued with a 26% holding of the new Club. (D&RFC2017)
This obviously leaves all other shareholders with 74% of the Club.
Could it be that, like some other entities, for any motions of major changes to be passed, a 75% majority needs to be achieved, thus providing something of a safety net.
If this is the case, and speculating further, the members would probably vote on-bloc on motions.
"May the best of your past be the worst of your future"

Voice of reason
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Re: Full and life members...

Post by Voice of reason » Sat May 12, 2018 9:59 pm

VIEW FROM THE STAND wrote:
Thu May 10, 2018 5:31 pm
You may well be right D4E, but I’m curious as to why the members were issued with a 26% holding of the new Club. (D&RFC2017)
This obviously leaves all other shareholders with 74% of the Club.
Could it be that, like some other entities, for any motions of major changes to be passed, a 75% majority needs to be achieved, thus providing something of a safety net.
If this is the case, and speculating further, the members would probably vote on-bloc on motions.
Alan can probably give more info but fundamental changes normally need 75% approval
I wonder what ST and his allies have in mind?

RayleighDagger1986
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Joined: Tue Oct 13, 2015 7:01 pm

Re: Full and life members...

Post by RayleighDagger1986 » Sun May 13, 2018 10:32 am

I'm guessing they'll be a decent turnout for the 8pm slot. Most of us are curious and would like answers. Strangely enough with lots of players out of contract this summer, usually by now there's a released list of those the club is not offering contracts too.
So looking between the lines, if the club survives are we looking to re-sign them all? I doubt that very much
If no intention to keep any, at least the club can allow them every opportunity to find a new club. I mean as an example, do we need Justham and Cousins next season. Just the one keeper should suffice!

Alan
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Re: Full and life members...

Post by Alan » Mon May 14, 2018 8:53 pm

75% for a special resolution, 50% for an ordinary resolution.

VIEW FROM THE STAND
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Re: Full and life members...

Post by VIEW FROM THE STAND » Mon May 14, 2018 9:51 pm

Alan,thanks for clarifying.
As I mentioned the 26% members holding gives some sort of safety net
"May the best of your past be the worst of your future"

RayleighDagger1986
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Re: Full and life members...

Post by RayleighDagger1986 » Tue May 15, 2018 7:29 am

Whats the difference Alan. In what circumstances would be an ordinary resolution?

dagger4eva
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Re: Full and life members...

Post by dagger4eva » Tue May 15, 2018 7:49 am

Its worth noting that Simmo acts as the full members entity representitive on the board but I'm not exactly sure how it works with him being able to give a vote on behalf of the members without something being put to them first.

Anyhow, I found this which should answer RayleighDagger:

The special resolution regime helps to protect minority shareholders against important decisions being taken without proper consideration and, to the extent possible, consensus. In areas covered by a special resolution, a shareholder or group of shareholders together holding 25% of the shares can effectively oppose a resolution. The need for a special resolution may help good decision-making, ensuring important changes are better considered and an effort made to gain wider support than a simple majority. Of course, the special resolution regime can also work to a company’s disadvantage – when a required transaction is blocked by an intransigent minority

RayleighDagger1986
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Re: Full and life members...

Post by RayleighDagger1986 » Tue May 15, 2018 5:17 pm

Cheers D4E but that hasn't really answered my question. Its still not clear as to what situations a soocial resolution may be used in. But for now thanks for the explanation.
So whose going Thursday night?
And which suite is the "Ted Hardy"?

Sagres
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Joined: Thu Jan 29, 2015 10:26 pm

Re: Full and life members...

Post by Sagres » Tue May 15, 2018 5:44 pm

RayleighDagger1986 wrote:
Tue May 15, 2018 5:17 pm
Which suite is the "Ted Hardy"?
Main hall downstairs

Sagres
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Re: Full and life members...

Post by Sagres » Fri May 18, 2018 5:43 pm

Can somebody please confirm how much is the full members annual subscription fee?

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Mike the Dagger
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Re: Full and life members...

Post by Mike the Dagger » Fri May 18, 2018 7:10 pm

They said £100 pa last night.

No, it isn't on the form!!! Doh!

Alan
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Re: Full and life members...

Post by Alan » Fri May 18, 2018 9:01 pm

It’s pretty bloody silly to email every season ticket holder a full membership application form with no indication of the price or what the actual benefits of membership are.

Dagger42
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Joined: Sat Dec 27, 2014 12:59 pm

Re: Full and life members...

Post by Dagger42 » Fri May 18, 2018 9:05 pm

What are the benefits of full membership?

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