Quote:
Originally Posted by Jaded
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Right OK.
So anyone with £1,000 of community shares is an owner whilst it remains in the club. As per the statement below. These members are not paying annual membership fees I assume.
The accounts show £178,000 of shares so we have a maximum of 178 life members (depending on the share allocation) who can be classed as owners.
‘Remember, £1,000 of Community Shares gives you free life membership of the Trust whilst that sum remains in the Community Share account.’