Potential questions for Kibble proposal meeting 6/2/20

[Lord Pityme 6,717]

1. Why do you propose to go back on the agreement with over 1200 smisa members and sell over a quarter of the club to an outside organisation?

[Yflab 2,148]

Can you confirm that this proposal is an extraordinary one as defined by the SMiSA constitution and therefore must have 75% agreement from the total membership to pass.

[whydowebother 6,584]

Why did you spend several months working on this arrangement with Kibble without declaring it ( prior to even going ahead to get to this stage ? )

 

Our 3 votes are 100% NO this isn’t what we signed up for

 

[StanleySaint 735]

What are the specific benefits to Kibble that would require a 27% shareholding in SMFC?

[BuddieinEK 7,938]

What are the specific benefits to Kibble that would require a 27% shareholding in SMFC?

And as a supplementary question...

Would those same benefits be available under a "trading partnership" without a shareholding?

If not, why?

[Doakes 2,830]

Will the club require to abide by any rules or regulations once a charity / not for profit organisation has a 27% shareholding in the football club? Are Kibble permitted to make a profit on their investment if the club gets into Europe, or receives a large transfer fee for a player? 

 

[aldo_j 2,056]

Can we use the £2 spend to buy LPM a notepad and pen to write questions down on?

[faraway saint 26,998]

Just now, aldo_j said:

Can we use the £2 spend to buy LPM a notepad and pen to write questions down on?

I might suggest more than £2 will be need for a massive notepad? 

[Lord Pityme 6,717]

Can we use the £2 spend to buy LPM a notepad and pen to write questions down on?

There'll need to be a vote

[bazil85 2,592]

9 minutes ago, aldo_j said:

Can we use the £2 spend to buy LPM a notepad and pen to write questions down on?

Can we use it to buy him a snickers? Might save a lot of time. 

[Slartibartfast 7,771]

Does SMFC lose out on any sponsorship, rental payments, advertising income etc that they currently receive from Kibble if Kibble become a shareholder?

What differences are there in the running of SMFC between 51% and 71% share ownership?

What, in detail, is meant by Kibble investing in SMFC?

[slapsalmon 725]

Do kibble intend to match any SMISA investment(i.e quarterly spend) pro rata. 

[alanb 305]

May be better using the Q/A on the Smisa webpage, then report any they refuse to answer.

Question I asked re vote method was answered quite promptly.

 

[Yflab 2,148]

1 minute ago, alanb said:

May be better using the Q/A on the Smisa webpage, then report any they refuse to answer.

Question I asked re vote method was answered quite promptly.

 

I’ve asked SMiSA the voting question re extraordinary proposal as I believe it must be included in the website Q&A.

[alanb 305]

3 minutes ago, Yflab said:

I’ve asked SMiSA the voting question re extraordinary proposal as I believe it must be included in the website Q&A.

Well as I have stated previously, they intend using Very Connect with a simple majority yes/no winning from among those who bother to vote.

They did say they are  trying to get members to engage and use their vote

[Yflab 2,148]

4 minutes ago, alanb said:

Well as I have stated previously, they intend using Very Connect with a simple majority yes/no winning from among those who bother to vote.

They did say they are  trying to get members to engage and use their vote

Well I believe that goes against the constitution if it does not pass with 75% majority of all members.

Edited February 3 by Yflab

[alanb 305]

2 minutes ago, Yflab said:

Well I believe that goes against the constitution if it does not pass with 75% majority of all members.

Not me you need to convince 

[Yflab 2,148]

1 minute ago, alanb said:

Not me you need to convince 

This proposal cannot be deemed ordinary.

[alanb 305]

3 minutes ago, Yflab said:

This proposal cannot be deemed ordinary.

Probably not but does the 75% thing not relate to changing Smisa constitution 

Smisa will no doubt rule it is just a standard vote as they told me

[Yflab 2,148]

2 minutes ago, alanb said:

Probably not but does the 75% thing not relate to changing Smisa constitution 

Smisa will no doubt rule it is just a standard vote as they told me

At present the Q&A states “If the plans fail to attract the support of the majority of members, we would continue with the status quo.”

That is not the same answer you have been given. 

[alanb 305]

1 minute ago, Yflab said:

At present the Q&A states “If the plans fail to attract the support of the majority of members, we would continue with the status quo.”

That is not the same answer you have been given. 

If the plans fail = a majority NO vote to my mind

[stlucifer 5,789]

14 minutes ago, alanb said:

If the plans fail = a majority NO vote to my mind

I would suggest this statement is very clear, if unintentional. If the plan fails to attract the majority of MEMBERS, is not the same as the majority who vote. This looks to be that it would need over 50% of the total membership.

[alanb 305]

3 minutes ago, stlucifer said:

I would suggest this statement is very clear, if unintentional. If the plan fails to attract the majority of MEMBERS, is not the same as the majority who vote. This looks to be that it would need over 50% of the total membership.

You missed out the word "Support" 

It looks like this will be measured by the intended vote one way or the other.

No % of membership being considered to qualify vote validity, first past the post, yes or no wins the day.

Given the importance of this I would like to think members will think it is worth a click to vote on 

That's my understanding of the reply I got FWIW

[alanb 305]

Question asked,

I would like to ask how the vote will take place regarding the proposed change to the Fan Ownership deal

involving SMISA, Kibble and SMFC.

 

That is the method and rules to a achieve a result

 

Straight forward majority via an electronic vote on Very Connect with no minimum percentage of membership participation or will it require say at least 50% or more of the membership to cast a vote.

 

Answer given

 

Thank for you for getting in touch. As per all previous SMISA votes, a simple majority of all of those members who choose to vote will be enough to carry it one way or the other. 

 

We agree with you that the more members that vote on this issue the better. To that end we have been reminding our members on a regular basis - both through email and on our social media pages - over the last few months of the need to sign up to Very Connect.

 

I am pleased to report that we have had a large number of new sign-ups since the proposal was announced last week. We have also been busy chasing those who are yet to register, seeking out alternative contact details for them for those yet to respond and doing all we can to encourage them to register, attend the members meeting if they can, and then vote. 

 

We hope that all of our members will realise the  significance of this proposal and make the effort to have their say. 

[stlucifer 5,789]

6 minutes ago, alanb said:

You missed out the word "Support" 

It looks like this will be measured by the intended vote one way or the other.

No % of membership being considered to qualify vote validity, first past the post, yes or no wins the day.

Given the importance of this I would like to think members will think it is worth a click to vote on 

That's my understanding of the reply I got FWIW

I did, in error, but it doesn't change the statement in any way. It still quite clearly states that it the majority of members, not the majority of simply those who vote. I suspect there could be a reasonable case to challenge the result if SMISA were to try to push through a result without the 50% + of the Entire membership.

ETA. As far as I read this, in essence, not voting must be taken as NO.

Edited February 3 by stlucifer