Forever Bury Team up with the Bury FC Commercial Department to offer Junior Shakers a ground tour.
Forever Bury have confirmed with the club that they will undertake a Junior Members Stadium Tour. The tour will take place before the Luton Town game in the FA Cup on the 6th December 2014. All juniors wanting a tour of the ground must be a FB Junior Member (free to join). The tour will start from the Forever Bury Cabin at 12:45pm, with a view of the Changing Rooms, Gym, Dugouts and the Stadium Control Box. We look forward to showing the junior shakers around the ground at a look behind the scenes of your club.
We are pleased to report that at last night’s Forever Bury Board meeting, Glenn Thomas, CEO of Bury Football Club, addressed the meeting and answered questions put to him by the Forever Bury Board members.
Glenn outlined in some detail the plans Bury FC have to make Bury FC sustainable, with a substantial income stream emanating from non football activities.
It will be appreciated that many of the plans and the income forecasts, at this stage must remain confidential, however, of those which are already common place, the use of the stadium for concerts, boxing (including hopefully Scott Quigg), and the development of the stands, are impressive, more importantly, realistic, and are in the advanced planning stages .
Glenn answered questions about the ‘loans’, and the recent David Conn article. He assured us that the loan referred to is about to be repaid, and that any loan on which a charge or interest is noted on the ground will be effected with the best interests of the Club at heart. That is how businesses progress.
Glenn also agreed and committed to a greater role for Forever Bury within the Club, with us working together to increase the profile and image of Bury Football Club, ranging from fans forums to regular meetings of the two Boards, to events hosted by Forever Bury, including greater use of the Social Club, from which figures given, already confirms its increasing popularity.
As said, the fine details of the Board’s plans, which were given, cannot at this stage be made public until they have been put before the shareholders in January then they will be announced shortly afterwards at Forever Bury’s Fans Forums. So expect exciting times for Bury Football Club. But, as always, Forever Bury, the Supporters Trust, will always have Bury FC’s long-term interests at heart .
The Board of Forever Bury thank Glenn Thomas for attending our Board meeting, and for answering some difficult questions, candidly. We look forward to our next formal meeting together next month.
Joy Hart, now a Director of Bury Football Club, will be attending Director’s meetings as your Forever Bury representative, and we are pleased to announce a fans forum at which at least one other Director will be present, and members of the playing staff will be invited. The date has provisionally been pencilled in for 18 February. Watch this space!
Bury Football Club have confirmed that Ms Joy Hart has completed the required Football League forms to apply to become a director of the Club. Joy’s role will be to liaise between the Club and Forever Bury, The Bury FC’s Supporters Trust, and create a more regular dialogue between the Club and its Fans. This will include quarterly fans forums as well as some open Q & A Clinics.
The first forum will be held in February 2015 following on from the Shareholders meeting at the end of January. Both the Club and Forever Bury see this as the start of a new working relationship and both sides are looking forward to working hand in hand for the benefit of the Club.
This is the new beginning that both sides believe is the way forward for all concerned and as such the club urge all fans to support this partnership and join Forever Bury and enjoy the new activities that will be announced in the future.
Joy is the daughter of Les Hart who was a player, Captain, first team coach, physiotherapist and manager of the Club for a total of 44 years (He also fed the club cat too!!!) and not only features on the Forever Bury Memorial Board in its base at the club but has one of the stands at the ground named in his memory. Les also had an exhibition to celebrate his life at just one club, Bury FC, for three years at the Football Museum at Preston.
She has been attending games since she was a child, and like many fans, remembers the highs and lows of supporting the beloved Bury FC teams over the years. Over the last few years she has also been a Forever Bury director helping to involve youngsters with Forever Bury and tBury FC.
“We now have a bright future to look forward to together so if you have a soft spot for the Shakers please consider joining us, look at our web page to join, or call in at the Forever Bury Cabin on match days where you will be most welcome.
There are also several ways that local companies can also get involved either as sponsors for some of our events, the Annual Forever Bury Beer Festival is our biggest event ( www.fb-beerfestivals.co.uk ), or by joining our Discount Scheme. We do have a Corporate Membership and would urge any local company to join.
One of my new duties on the Board will be to listen to your views and report back on them to the directors.
Fans forums will become a regular date to put into your diary and Q &A sessions will also take place at intervals. This is a new era of communication between the Forever Bury Board and the Club and we would like you to be a part of it.”
Joy can be reached by email: email@example.com
Or by post to: Joy Hart, Bury Football Club, The JD Stadium, Gigg Lane, Bury, Lancs, BL9 9HR
Letters can also be dropped in at the Forever Bury Cabin on match days.
It’s with a very heavy heart that I inform you that Brendan Leyden, the brewer of our very own Forever Bury beer, lost is battle with cancer on November 9th and will be sadly missed by everyone at Forever Bury.
Brendan set up Leyden Brewery in 1999 with the intention of brewing on a small scale to supply the family pub & restaurant, the Lord Raglan, set in the picturesque rural Lancashire village of Nangreaves that looks out over the Bury area. However since then the demand for Leyden Ales increased significantly and the brewery had to increase capacity to cope.
It was in 2002 that current Forever Bury Chairman, Dave Giffard, was doing the rounds of companies in Bury trying to get them involved with the trust, first met Brendan.
“He was such a amiable bloke to meet up with and when I suggested having our own beer brewed he jumped at the chance.” Said Dave, “It took a while to get the brew sorted and when he rang me to say it was ready I was up at the Lord Raglan by 10.00am the next morning to try it. Needles to say, it was up there with the many high standard brews he was already brewing.”
There can’t be many of our fans that are into their real ales who have never sampled any of Brendan’s Beers – Rammy Rocket; Raglan Sleeve; Light Brigade; Nanny Flyer; Crowning Glory; Balaclava; Black Pudding. But the one that we’ll all miss is that dark brown bitter with the hint of liquorice – Forever Bury at 4.5% ABV.
The Board of Bury FC feel it very inappropriate that news stories have been released about its business that has in effect painted a totally inaccurate position of the Club.
The Club has been forced to explain itself on matters that they felt were private to the Club and not a public point of interest or indeed concern. Hence no public comments.
At all times, the Board has put the Club priorities first and will always carry on to do so.
The “loan” that has created all the issues has not been guaranteed by the Club and/or any associated costs paid for by the Club. This is a fact as there is separate private agreements in place between the funders representatives and Mr Day.
Mr Day has personally guaranteed the interest as this forms part of an agreement between the parties involved.
The Club needs third party income at all times to survive and after initial meetings with the Football League the Board determined that the Club can create third party income by carrying out NON FOOTBALL related transactions. This is key to the Club moving forward.
The “loan” was part of a property transaction that allowed BFC to earn revenue streams over a period of 6 months secured on another asset. The deal has completed and in turn the “loan” will be repaid at no cost to BFC PLUS the Club will earn a significant sum over the next 18 months.
In any business you must justify a legal transaction to warrant earned income and as such at times some calculated risk needs to take place.
At no time has any funds been used for players – despite the fact we have been offered player finance in the past, it has always been declined.
The Club will always try to conduct its business in a private and professional manner as in many instances the NON FOOTBALL income will be generated by creating new partnerships and allow the Club to eventually develop new facilities and as such increase its independent revenue streams.
The “loan” will be repaid within the next few weeks.
We want to assure any concerned fan that the Club is not spiralling into debt and only acting as an investor to create income that in turn will makes the Club self sufficient.
The Board know that changes can be unnerving at times, but historically the Club has gone close to receivership every 4/5 years and that is something we are determined will not happen again.
At times, due to very strict privacy agreements or wanting to be ahead of the game we do not think its appropriate to publicize some of the activities as that could stop the investment strategy from maximizing its potential.
We want to apologize for any concern this may have caused, BUT at the same time ask that support is given to allow time for such investments to show dividend.
The Club Board
FOREVER Bury backed down on plans to block contentious proposals put forward by the Shakers directors at today’s annual general meeting. We had sent an email to all our members last week urging any shareholders to vote against changes to the club’s articles.
There was particular concern over plans to stop the rotation of directors and restrict the future sale and purchase of shares, which Forever Bury thought would “marginalise shareholders”
Voting against would have blocked it at this juncture but would probably be just a delaying tactic if the directors accrued enough shares to pass it at January’s meeting.
We had constructive meetings on Tuesday with club chairman Stewart Day and chief executive Glenn Thomas, and they did go through all our concerns and also the long term business plan they are pulling together and they aim to put the plans before the shareholders in January.
If we had voted no we would have burned our bridges with the club and probably need to move our Cabin and other equipment away from Gigg Lane, we could also lose the shares that we have as our portion of the SOS shares as they need to be passed back to the club if we no longer work in their interest. This would have left us with less than 10% and in no position to call an EGM if needs be.
After being taken through their business plan and gaining certain assurances over the future share issue to the trust, as well as a promise to work more closely with Forever Bury in the future, we felt it would no longer be in our long term interest to oppose the proposals. We do apologise to any of our members for this but think it is in the best interests of Forever Bury
As there were only five nominations for the seven vacant positions on the Forever Bury Board there was no need for an Election.
The five candidates Dave Giffard, Susan Tunstall, Derek Boulton, Joy Hart and Rob Wolfe had their nominations confirmed by the members present, at the Forever Bury AGM on Saturday 20th September.
We’d like to that John Trippier from the Clarets Trust for being the Independent Scrutineer for the nomination process.
The remaining board members are Lorraine Fox, Gill Mansley, Danny Bowerbank, Jaime Hipwell opted board member Viv Webb.
Both John Raftery and Chris O’Sullivan have recently resigned from the board.
At the first official meeting of the new board the following positions were filled.
Chair Dave Giffard
Vice-Chair Lorraine Fox
Treasurer Derek Boulton
Secretary Susan Tunstall
Forever Bury (Bury Football Club Supporters’ Society Limited)
MINUTES OF ANNUAL GENERAL MEETING
Saturday 5th October 2013
The twelfth Annual General Meeting of The Bury Football Club Supporters Society Limited, known as Forever Bury was reconvened at 5.10pm on Saturday 5th October 2013 in the Bury FC Social Club, Gigg Lane, Bury with 20 members being present, the original meeting on Wednesday 18th September 2013 had commenced at 7.30pm and adjourned at 8.00pm as only 15 members had been present. 2 members had appointed the chair as proxy.
Chair – Dave Giffard, Secretary – Susan Tunstall.
- Minutes of AGM 011 27th September 2012
The minutes of the meeting were unanimously accepted as a true reflection of that meeting.
- Announcement of Directors of the Board of Forever Bury
The Chair advised members that John Trippier of the Clarets Supporters Trust had offered his good services to act as independent scrutineer and to whom all nominations had been sent. He advised by e-mail only six nominations had been received for the eight vacant positions on the Forever Bury Board. The nominations were received from Chris O’Sullivan, Gill Mansley, Danny Bowerbank, Lorraine Fox, Jaime Hipwell and John Raftery. All six nominations were ratified unanimously by the members present were therefore elected to the board.
- Chairs Statement
Prior to the start of last season everyone was full of optimism and looking forward to yet another successful season in League One. How quickly the dreams were shattered as The Shakers lurched from one disaster to another, both on and off the field and the resulting drop in gates putting the club into an untenable financial state.
We are always aware that any minor drop can cause problems so with there being a significant drop we did ask The Board on a number of occasions how the finances were and were told they were “ok” or “manageable”. By December this had become “Cash flow problems”. Sadly during December Margaret Ladkin, our representative, was taken seriously ill and unable to carry on her role.
Following her resignation we went through the procedure to find a possible replacement but by the time we had a prospective candidate it was painfully obvious that the club was in serious trouble so we deliberately held back from putting our candidate forward as we didn’t want them tarnished with the unfolding disaster.
Once Chairman Brian Fenton had made his desperate plea for investment we knew that any funds we had to invest would be of little use and rather than throw the money into the enlarging black hole we’d be better keeping it as possible startup funding if the club went under and we needed to start again.
As the season finally fizzled out with its all too apparent conclusion, everyone was becoming more and more frustrated at the lack of information from the club. Jim Lomas was tackled by me on almost a daily basis as to the ongoing and exceedingly delicate negotiations and although several of our members were imploring us to call an EGM it was felt that we should give Jim and Nev Neville every chance of reaching a successful conclusion without rocking the boat.
I’d like to put on record Forever Bury’s appreciation to both Jim Lomas and Nev Neville for their efforts in steering the club through the mire.
I’d also like to thank my fellow Board members and other helpers for all their efforts with running the Trust and all the various events over the year.
- Secretary’s Statement
The secretary stated that there were a total of 647 members; voting membership was 321 comprising of 191 adults and 130 concessions, junior members was 326, at the end of the financial year. The current membership was 757; voting membership was 424 comprising of 280 adults and 144 concessions, junior members was 333.
- Financial Statement
The treasurer presented the Independent Examiner’s report and the analysis of Income and Expenditure for the financial period ended 31st March 2013. The Financial Statement for the Financial Year 2012/2013 was unanimously accepted
- Auditors/Independent Examination of Accounts
The proposal that the members of the Society shall not require an audit of accounts covering the current financial year ending on 31st March 2014 when they are presented to the next AGM held in 2014 and to have an Independent Examination of the Accounts instead, was unanimously accepted.
- Future Aims
Our biggest task for the coming year will be to try and develop a solid working relationship with the New Board. So far many fans are delighted with the unfolding events but we must be cautious. At an early Fan’s Forum Chairman Stewart Day did say that he was a firm believer in openness and honesty. Forever Bury need to meet with the entire board and seek answers to some pertinent questions before we can progress.
Significant sums, believed to be in the region of £2.2 million, have already been pumped into the club and we are led to believe that there is more to come. The shareholding hasn’t changed which means we still hold 14.3% but as they have not yet detailed their investment and the financial implications on the club we have to assume that the money is being treated as a loan. If so this will eventually show in the accounts at any future AGM but could be the end of 2014 before we see anything. We all know Bury FC has a hopeless record at handling any significant debt so we will be interested in what Stewart has to say on the matter.
All previous boards have had cash flow problems over a season and have had to loan the club money but they never usually let this appear in the accounts as they would convert the debt into shares. This was fine with us, they invested money and so did we with the aim of maintaining at least a 10% holding so that we could call an EGM if necessary. So we had parity with them.
But now there is also the matter of the Mortgage Debenture that is on the club which enables the New Board, via a company, to be repaid by the sale of the club thus possibly rendering our shares and more importantly, any future money we invest in shares, worthless. If we were to invest more funds into the club we would need to be doing it on the same basis – i.e. a loan and this may necessitate some legal advice.
As always the major task we have is not only to try and get more Shakers fans to join but for our members to become more proactive. For years now the major fundraising event has been the Beer Festival, although Derek and his helpers have had an incredible year with the Car Boot Sales smashing all previous records.
Both these events should really be knocked out of sight by the Sponsored Walk. The other week saw us take 2,400 fans on the short trip to Spotland and surely we should have had hundreds that could have walked the 6.5 miles, but no, just 10 walkers and 1 wheelchair!!! Just 500 walkers raising £30 each would net an incredible £15000.
Forever Bury would be looking to protect the ground by making it An Asset of Community Value.
- Forever Bury Club Board Candidate(s) Statement(s)
There had been no nominations. The nomination process to be reopened.
Nothing to Report
Meeting Closed at 5.30pm
Approved By Prepared By
Forever Bury (Bury Football Club Supporters’ Society Limited)
NOTICE OF ANNUAL GENERAL MEETING
All members (Aged 16 and over) of the Bury Football Club Supporters’ Society Limited, (Forever Bury) are hereby invited to attend the 2014 Annual General Meeting (AGM), to be held at Bury FC Social Club, Gigg Lane, Bury on Saturday 20th September 2014. The doors will open after the match and the business of the meeting will commence at 5-30pm.. If any member is unable to attend, but wish to vote on the proposals, they may appoint a proxy in writing (see voting slip).
The Chair will outline the format of the meeting and the Secretary will read the Minutes of the last AGM (Copies of the minutes are available in the cabin and can be downloaded from the website www.foreverbury.org.)
- 2. Announcement of Directors of the Board of Forever Bury
- 3. Chairs Statement
- 4. Secretary’s Statement
5. Financial Statement
A statement of accounts for financial year 01/04/13 to 31/03/14 will be presented by the Treasurer. The accounts will be available at the AGM and are already in the Forever Bury Cabin at Gigg Lane. Please let us know if you want us to send you a copy of the accounts. It is proposed that Members accept the accounts presented for financial year 01/04/13 to 31/03/14.
Resolution 1 – To Accept the Financial Statement for Financial Year 2013/2014
6. Auditors/Independent Examination of Accounts
The threshold for an Independent Examination of Accounts is £100,000. Due to the continuing cost of a full audit, the Forever Bury Board are proposing that the members accept an Independent Examination of Accounts instead of a Full Audit.
Resolution 2 –to Have an Independent Examination of the Accounts
It is hereby resolved that subject to the provisions of section 4A of the 1968 Friendly and Industrial and Provident Societies Act, the members of the Society shall not require an audit for the accounts covering the current financial year ending on 31st March 2015 when they are presented to the next AGM held in 2015 and to have an Independent Examination of the Accounts instead.
8. Future Aims
9. Forever Bury Representative on Club Board
If you cannot attend the meeting but would like to appoint the chair or another proxy, to vote on the Proposals put to the AGM, please indicate your instructions on this slip and return it to arrive no later than Noon on Thursday 18th September 2014: AGM Proxy, Forever Bury, 3st Mary’s Place, Bury, Lancashire, BL9 0DZ. You may also email the slip to firstname.lastname@example.org from your registered email address.
No one other than the Chair can be a proxy to more than three members. A proxy need not be a member of the Society
Proxy Form return it to arrive no later than Noon on Thursday 18th September 2014: AGM Proxy, Forever Bury, 3 St Mary’s Place, Bury, Lancashire, BL9 0DZ. You may also email the slip to email@example.com from your registered email address.
I confirm that I am a member of the Forever Bury Supporters Trust [ ]
Membership Number (if known)………………………………
OR the Chairman of the Meeting [ ]
As proxy vote for me on my behalf at the Annual General Meeting of the Society to be held on Saturday 20th September 2014 and at any adjournment thereof. I instruct my proxy to vote as follows:
Please PLACE AN X in one box ONLY for each of the Resolutions. If you do not place an X in any box for a particular Resolution, this will be counted as an ABSTENTION.
|Proposed Board Resolution||In Favour||Against||At My Proxy’s Discretion|
Resolution 1 – To Accept the Financial Statement for Financial Year 2013/2014
|Resolution 2 –to Have an Independent Examination of the Accounts