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   WWW.RLFANS.COM • View topic - Get voting - Yes
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Re: Get voting - Yes : Fri Apr 08, 2011 9:25 pm  
Fax Machine wrote:
"A not for profit Stadium Company!"

What planet are you on. There's no such thing. Where is the incentive for a company to take over the stadium if they're not allowed to make a profit?

OK, let's place an ad that goes something like:

"WANTED - A company with experience in running a Sports Stadium but requiring no reward other than to see the happy, smiling faces of the supporters of HRLFC and FCHT and to receive their grateful thanks and undying gratitude."


Er 'Not for Profit' does not mean you cannot actually make a profit, it means you do not have shareholders or directors who get dividends on any profits made.
In other words you can make money and pay staff but any surplus is reinvested in the business and nowhere else. Its a good model.
Thanks for giving Bubba his little bit of pleasure, if he had actually talked to his Dad he would have known this but no, never miss an opportunity to have a go at somebody and try make them look small eh Bubba???
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Re: Get voting - Yes : Fri Apr 08, 2011 11:17 pm  
Fax4Life wrote:
Er 'Not for Profit' does not mean you cannot actually make a profit, it means you do not have shareholders or directors who get dividends on any profits made.
In other words you can make money and pay staff but any surplus is reinvested in the business and nowhere else. Its a good model.
Thanks for giving Bubba his little bit of pleasure, if he had actually talked to his Dad he would have known this but no, never miss an opportunity to have a go at somebody and try make them look small eh Bubba???


Wrong. Not for profit means what it says. The aim is to break even or reinvest any surplus.

Quote 1: "In other words you can make money" - that is called profit.

Quote 2: "Not for profit does not mean you cannot actually make a profit" - something of a contradiction in terms, wouldn't you say.

Where would you find a Stadium Management Company who would want to run the Shay Stadium without taking a profit from it?

I do however apologise for "giving Bubba his little bit of pleasure". That certainly was not my intention as I would happily see him banned from this forum altogether now that he has joined the educationally subnormal section of posters on shaymen.net. Also, as I understand it, his dad ran SST as a labour of love and it was a Trust, not a business. I seriously doubt you would find anyone to do it again.
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Re: Get voting - Yes : Sat Apr 09, 2011 11:45 pm  
Fax Machine wrote:
Wrong. Not for profit means what it says. The aim is to break even or reinvest any surplus.

Quote 1: "In other words you can make money" - that is called profit.

Quote 2: "Not for profit does not mean you cannot actually make a profit" - something of a contradiction in terms, wouldn't you say.

Where would you find a Stadium Management Company who would want to run the Shay Stadium without taking a profit from it?

I do however apologise for "giving Bubba his little bit of pleasure". That certainly was not my intention as I would happily see him banned from this forum altogether now that he has joined the educationally subnormal section of posters on shaymen.net. Also, as I understand it, his dad ran SST as a labour of love and it was a Trust, not a business. I seriously doubt you would find anyone to do it again.


Whatever, not for profit is just one way of 'reinvesting the money' as you say, so its profit but don't want to labour the point.
As for Mr Butler senior, he was CE of the Stadium Trust and it was a well paid job, don't be fooled!
Bubba 
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Loving the hypocrisy of some.

Re: Get voting - Yes : Sun Apr 10, 2011 9:51 am  
Fax4Life wrote:
As for Mr Butler senior, he was CE of the Stadium Trust and it was a well paid job, don't be fooled!


Well paid job compared to what? Compared to a school dinner lady? Compared to a policeman? Compared to stadium managers at other stadia? Compared to you?
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