Secretary Update

I have previously given an update on where we are with the structure of the organisation and the relationship with the benefactors, but with more questions and so much misinformation in circulation I have prepared this more detailed note which summarises how we have arrived at the current position.

As Secretary of the Football Supporters’ Society of Bury (FSSB) I have no vote, my role is to record discussions and decisions made and where appropriate share these with members.   My role is primarily to protect the members’ interests and if, as Secretary, I believe the society is not acting in the best interests of its members then I must remedy the situation.

As a result, these notes are intended to be a factual record of events, rather than a statement of opinion. External advice has been sought and received all the way through this process, and I will refer to this where relevant.

In summary:

• The current ownership structure was agreed by all seven of the board members present. There were no objections and one person was absent due to holiday.
• We have acted in accordance with the external advice we sought from both our lawyers and the FSA. The facts were supported by other impartial individuals involved in discussions, including the Investment Director at Greater Manchester Combined Authority.
• Opportunities to discuss or comment on our previous communications have been offered to the benefactors.
• There is no reason the structure cannot change once the promised funds are committed, it just needs member approval.
• The contents of this report have been agreed as accurate by the board of FSSB.

You can read the full report by clicking the link below.