The Annual General Meeting (AGM) of City Fans United and Chester Football Club will be held on Thursday 12th November 2020, at 7.30pm.
The meeting will be held by Zoom due to the Government’s Covid-19 restrictions. If you are an existing member, please email firstname.lastname@example.org with your membership number (online current members will be permitted to watch the meeting via the link provided), by at the latest 5pm Wednesday 11th November 2020.
The link to the meeting will be sent over to those members emailing their request to join next week by at the latest Thursday afternoon. On the night upon joining the meeting you will be placed into a ‘meeting room’ before being admitted into the AGM. Please ensure you have your name showing as guests will not be admitted. Please visit this link for guidance on how to do this.
Members have been emailed the documents relating to the AGM so please check your inbox for this information. If you cannot see the email in your inbox, please check your spam or junk folders in case it has dropped into those. Members not on email will have been sent out paper copies to the address we have on record for you.
We will send out further updates with regards to next week’s meeting in the next few days in order for members not familiar with Zoom to have an understanding of how to use the application.
It had been anticipated that we would be writing to you this week with all the documentation for our Annual General Meeting (AGM) as required under our constitution. A key element of the AGM is to review the historic financial performance of the club and provide an outline of our finances over the coming year . We are not required to have a formal audit, but our Accountants, Hargreaves and Wood, provide members with an independent assessment of our statutory accounts for 2019/20 and comment on the club’s financial prospects for 2020/21.
As you all will be aware Football finds itself in very uncertain times at present with significant threat to the 2020/21 season given the ongoing impact of COVID-19. This has been further compounded following the recent decision by the Department of Culture, Media and Sport to retain our elite classification, preventing the admittance of spectators, and this has created significant uncertainty over the financial modelling for the coming year.
At present the Club is awaiting details of the financial support we understand that central government is prepared to provide to enable us to play our matches behind closed doors. Once we have these details we will be able to judge whether this is sufficient to cover the resulting funding shortfall (i.e. gate receipts, season tickets, hospitality, sponsorship, etc.). The Board and our Accountants feel that these things need to be finalised before we can effectively brief members about the financial position and our plans for the season ahead.
As a Board we believe that the financial sustainability of the Football Club Is a fundamental cornerstone of the AGM process and as such it would be inappropriate to hold the meeting until such a time the club and our accountants have the necessary details and can provide an informed narrative. As such the decision has been made to postpone the AGM meeting until Thursday 12th November at 19:30, which will be facilitated via the Zoom platform to comply with social distancing measures. The documentation for the AGM, including the financial report will be sent out at least two weeks in advance of the AGM.”
This Thursday night sees the City Fans United AGM take place at the Deva Stadium, kicking off at 7.30pm.
The meeting, which is for existing members only is being streamed via the Zoom app on Thursday night for members that cannot attend the meeting that will be hosted in the Blues Bar.
Before the meeting gets underway there will also be a presentation from Stuart Murphy as he updates on future plans relating to infrastructure developments. This will begin promptly at 7pm.
Those wishing to access the live stream need to email email@example.com by 6pm on Wednesday 20th November quoting their name and membership number in order for invites to be sent out in time.
Click here for more details on Zoom
Next Thursday night sees our City Fans United AGM take place at Chester FC.
The meeting, which will get underway at 7.30pm in the Blues Bar at the Deva Stadium will focus on the previous year at the club, and will refer to the financial reports sent out on November 1st, which were available to members on email via the link provided.
As it’s a members only meeting, you can still sign up or renew your membership via the link below.
Join or Renew CFU Membership here
We look forward to you joining us next Thursday night at the Deva!
The City Fans United Annual General Meeting took place last Thursday at the Swansway Chester Stadium, inside a packed Blues Bar.
On the night, Calvin Hughes and Jeff Banks, both of whom stood for election to the board saw their applications ratified by the members who had voted either by proxy or on the night itself. Both will now commence a minimum three year term on the board of directors of CFU.
Laurence Kirby, who stood down as a director of the board on the night, presented his financial report to the audience both in the room and watching online.
Laurence confirmed that CFU had made a £45k loss in the financial year June 2017-May 2018 but that prospects of a brighter future were indeed in place following some fantastic fundraising by volunteers since January 2018. Laurence also indicated that he would be prepared to maintain his financial reporting to the board in the interim whilst a permanent replacement is sought in due course, which the board have wholeheartedly thanked Laurence for.
The Chair of CFU, David Harrington-Wright, also gave a detailed report on the year itself too, and fielded questions from the audience relating to the club’s current financial position, and also with regards to the water damage to the Stadium too, even though this was experienced after the previous financial year had ended.
Minutes of the meeting will be published shortly on the CFU website.
Thanks to everyone that attended on the night, and we look forward to keeping the membership updated with the progress made as we go through the next financial period, June 2018-May 2019.
We would like to remind CFU members that it is the Annual General Meeting this Thursday (27th September) which takes place in the Blues Bar at Chester FC’s Swansway Chester Stadium.
The meeting will get underway at 7.30pm.
CFU AGM Meeting Agenda
Draft Minutes from 2017 AGM
Financial Report year ending May 2018
Five directors posts were advertised as available, however only 3 applications were received. As the number of candidates does not equal or exceed the available places, there will be no election but an affirmative ballot at the AGM. Each candidate will be put before the meeting for the approval of members. To be elected each candidate must receive the support of more than half those present in person at the AGM and those who are not able to attend and have expressed their preference by returning the proxy form.
Since the AGM packs were sent out one candidate withdrew their application to stand, and so the two remaining candidates will need their applications ratifying at this Thursday’s meeting.
Previously we have streamed the CFU meetings live, however, due to the provider now charging for streaming. We are currently looking at other streaming options at present which would hopefully allow us to show the meeting live on Thursday night.
We look forward to seeing you there on Thursday night.
The date for the next CFU Members meeting has been set for Thursday 16th August 2018, commencing at 7.30pm in the Blues Bar at the Swansway Chester Stadium.
This meeting will be a formal one, and an agenda will published in due course, but please make a note in your diaries for the time being.
The date for the CFU AGM has also been set, this taking place on Thursday 27th September, in the Blues Bar at the Swansway Chester Stadium, too.
Further details on both meetings to follow shortly…