The winners of this month’s draw were Glenn Marston who won £76.25 and Michael O’Shaughnessy Snr who won £45.75. Monthly contributions are running at £305 and the total raised now stands at over £34k. Many thanks for your continued support. Head here to fill in a quick and easy online form to be in with a chance of winning next month’s draw.
We are aware of some recent speculation suggesting that the Trust favours, or is working towards, the formation of a “phoenix club” – rather than concentrating on saving the existing Club.
This speculation is unfounded. The Trust and its board members are fully focussed on working with the Club, and others, to ensure the continued existence of Dulwich Hamlet FC. We have carried out no work towards the formation of a phoenix club, and in the present climate we would not do so other than in co-operation with the existing Club.
The past seven months has been an exceptionally busy period for the Trust and its board members, as has been the case for so many others. Some of our work is visible, but much of it necessarily takes place behind the scenes. Helping to keep the Club afloat, and supporting the fight against Meadow, has been the sole focus of our work. There is, of course, a worst case scenario in which the existing Club does not survive – but all our efforts are directed towards the avoidance of that scenario. We are not contemplating a future in which the possibility of a phoenix club would arise.
Whilst one of our primary objectives is for the Club to be fully owned by its supporters, this doesn’t require the formation of a phoenix club. For example, the Club has signalled an intention to issue new shares to raise funds, and this is something the Trust would like to explore further, to ensure that fans have a more meaningful stake in the Club (the Trust currently holds 90 out of 300,000 issued shares – 0.03%).
Supporters Direct (who provide advice and support to Trusts like ours) have never recommended going down the route of forming a phoenix club. They have been incredibly supportive during this difficult time, both in terms of the independent advice they have given, and also by using by their influence within central Government departments and access to Ministers to promote our cause – and the Club’s.
Central to the aims of DHST is the belief that supporters are best placed to make decisions that affect the future of the Club; that decision making should be open, transparent and inclusive; and that financial sustainability for the long term must be ensured. We hope the Club will work closely with DHST and other supporters to ensure that these aims are central in any plans for the future.
Dulwich Hamlet Supporters’ Trust – 5 May 2018
Dulwich Hamlet Supporters’ Trust
Consultation on future use of DHST funds
Position statement – April 2018
On 28 February 2018, Dulwich Hamlet Supporters’ Trust (DHST) opened a consultation to hear the views of its members in relation to the future use of funds held by the Trust. The DHST Board recognised that the actions of Meadow Residential since October 2017 have placed severe strain on the Football Club’s finances, and anticipated that this may result in requests to DHST to increase the level of financial support it currently provides to the Club.
The Board is grateful for the many detailed and thoughtful responses we received. We have considered these, and agreed to adopt the position set out in more detail below.
In summary, DHST will maintain its existing level of financial support to the club. Further financial support, if requested, will be at the discretion of the Board, also taking into account the outcome of this consultation and advice from Supporters Direct. The Board would need to be satisfied that such support would be a prudent use of DHST funds, consistent with DHST’s objects and for the benefit of the community served by the Club.
A key outcome of the consultation was that 65% of respondents would defer to the Board in making financial decisions or would support the Board in following the advice of Supporters Direct.
For questions relating to any matters included within this statement please contact DHST via email at email@example.com or speak to any Board member on a match day.
- The DHST Board must act in accordance with its governing document (the Society Rules); one of which is to follow best practice as advised by Supporters Direct. The Board must act in the way it considers most likely to achieve DHST’s objects, and in accordance with other legal obligations – notably the duty to act with reasonable care, skill and diligence.
- DHST intends for profits to be applied in accordance with Rule 6 of its constitution. This means profits will be used to maintain prudent reserves and will be used on expenditure to achieve the Society’s objects.
- The overall position that DHST will adopt is that requests for financial support will be considered by the DHST Board and any agreement will be at the discretion of the Board. In considering requests for larger sums the DHST board will consult with Supporters Direct and will also consider the outcome of this consultation. The DHST board will not normally seek a vote of DHST members when considering individual requests for financial support.
- The overall position in paragraph 3 is supported by the consultation responses. Sixty-five per cent of respondents expressly stated that they would defer financial decision making to the Board and/or advice of Supporters Direct.
- DHST will continue to support the Club financially through existing channels such as the merchandise profit share, sponsorship and fundraising events.
- As per advice from Supporters Direct, DHST does not intend to provide financial support unless there is evidence of clear benefit to the long-term future of the Club, its supporters, and the local community that the Club serves.
- The DHST Board will ask that requests for financial support from the Club are supported by the information necessary (including financial information) to allow the DHST Board to make an informed decision. The Board also asks that requests are made in good time to allow the DHST board to consult with Supporters Direct and consider as necessary.
- As outlined in the consultation, any request for funds that extends beyond those held by the Trust, for example the 100 Club reserves, would require further consultation with the 100 Club contributors.
* * * * * * * * * * *
- Background to the Consultation
Meadow Residential, owners of Champion Hill, withdrew all financial support to the Football Club on 1 November 2017. This followed the abandonment of Meadow’s application to redevelop Champion Hill. Subsequently, Meadow have evicted the Club from Champion Hill which leaves the Club with reduced profit on match days. This has left the Club in a difficult position financially and it is likely that DHST may be asked to help make up any shortfall, although to date no formal requests have been received.
DHST’s constitution requires the board to act in the best interests of the community served by the Football Club and the board therefore asked our members to express their views for the board to consider as part of any financial decision-making process.
- Summary of consultation responses
Forty-one eligible respondents participated in the consultation. All respondents were registered members.
Due to the nature of the consultation, some participants expressed more than one view within their response. Each comment has been considered and the frequencies of key themes, as defined by us, are expressed as percentages below. Please note the percentage expresses the number of respondents out of the total which expressed that specific view. Therefore in each case it must not be considered that the opposing view was supported by the remainder of the respondents, merely that the specific theme was not raised.
- Support/agreement to defer to the board in making financial decisions (45% of respondents).
- Support/agreement to follow advice of Supporters Direct (20% of respondents).
- Support/agreement to fund match day operations (22% of respondents).
- Support/agreement to fund players’ wages (15% of respondents).
- Do not support/agree to fund players’ or management wages (12% of respondents)
- No relevant comments or no opinion on this matter (9% of respondents).
- Impose a limit of £10,000 on any funds provided (12% of respondents).
- The Club should reduce its expenditure (12% of respondents).
- DHST should influence how money provided to the Club is spent (7% of respondents).
NB: Point 5 represents 5 respondents who said they would not support / agree to DHST funding the players’ or management wages.
32% of respondents commented that they would support the provision of additional funds from DHST for specific purposes, for example legal costs, VAT bills, for a phoenix club, in exchange for equity, to fulfil other specific objectives, or if it was a loan.
The same percentage of respondents said they would not support DHST offering funds for short term costs – for example, to ‘prop up’ the Club for the remainder of the season. Some respondents commented that they would not support any funds being provided to the club, and others said that DHST should not contribute money unless there was security, a sustainable future, or the funding would enable supporters to gain more direct control over the long term future of the club, in addition to day to day running.
In addition to responses directly related to the transferring of monies to the Club, other points were made through the consultation responses that warrant due consideration.
- There is a need for assurances that the Club has a sustainable business plan in place.
- There is a need for greater transparency of the Club finances.
- There is no point in spending money to achieve promotion if the Club ceases to exist in the future.
The full minutes of the DHST Board meeting that took place on 15 March 2018 are now available to read here
Topics covered include an update on the situation at the Club/Champion Hill, membership consultation, merchandise, 12th man fundraiser party, summer fairs and volunteering.
On Saturday night we hosted a party at the East Dulwich Tavern to raise funds for the Club’s 12th Man fund. The party was well-attended with great music from our DJs, prizes won in the raffle and some very good prices realised in the auction.
We’re pleased to announce that the money raised from the night is £2340.00!
Thank you to everyone who attended and we hope everyone had an enjoyable time.
We must also extend our sincere thanks to the team at the East Dulwich Tavern for providing the venue free of charge.
Lastly, a big thank you to all individuals and businesses who donated prizes for the raffle and auction:
Porters Barbers Flock and Herd Butchery The Palmerston Mel Hughes Meat Liquor Franklin’s Duncan Palmer Photography Moxon’s Fishmongers William Rose Butchers The Cheese Block The Honor Oak Handyman East Dulwich Picturehouse Sheffield FC Mark Scoltock AP from Wrexham FC DHST DHFC Former Players Association
The winners of this month’s draw were Bill Collar who won £76.25 and Bill Azzi who won £45.75. Monthly contributions are running at £305 and the total raised now stands at over £34k. Many thanks for your continued support. Head here to fill in a quick and easy online form to be in with a chance of winning next month’s draw.
Last week we announced details of our forthcoming party to raise funds for the DHFC 12th Man scheme. We’re delighted to reveal details of raffle and auction prizes up for grabs including details of how you can bid on the auction items prior to the party in case you can’t make it or just want to get your bids in early!
Members who are unable to attend the party are invited to submit starting and maximum bids for auction prizes by email before the party. Successful email bids will be confirmed on Sunday 15 April.
All advance ticket holders will go into a lucky dip draw, on the night, to win a special Dulwich Hamlet goodie bag! The goodie bag includes a DHFC canvas tote bag with 2018 calendar signed by the players and a 1983* crest woolly hat inside.
*owing to an error by one of our suppliers, we have a limited number of hats with a unique date!
Once again local companies from East Dulwich have kindly donated gifts. We have a voucher for a Porters Special and £30 worth of products from Porters Barbers; a meal voucher worth up to £40 from Meat Liquor, vouchers from butcher, Flock and Herd worth £50; a voucher for The Palmerston pub and DHST are donating a selection of Kappa teamwear.
We have a fantastic range of football shirts available, a Dulwich Hamlet football signed by the current first team; an Edgar Kail T-shirt signed by ex-DHFC players from the Dulwich Hamlet Former Players Association and a selection of signed prints from cartoonist, David Squires including a recent strip which featured Dulwich Hamlet.
We are opening the bidding for the items below from today so if you can’t make the party you can place a bid via email. If you wish to bid for any of the items just email us at firstname.lastname@example.org by midday on Sat 14th April. If your bid is successful we will contact you on Sunday 15 April to arrange payment and collection of your prize. Please state the lot number you wish to bid for, your opening bid and your final bid.
Lot 1 – 2017/18 Dulwich Hamlet no.3 long sleeve away shirt – Size: XL
Lot 2 – 2015/16 Manchester City away shirt (new with tags) – Size: Small
Lot 3 – 2011/12 New York Cosmos short sleeve away shirt (new with tags) – Size: Large
Lot 4 – 1989/90 Juventus home shirt long sleeve home shirt #11 Size: Large/XL
Lot 5 – David Squires print – West Ham feat. Dulwich Hamlet
Lot 6 – 2011 Sheffield FC home shirt (no.7) to commemorate 150th year – Size: Large
Lot 7 – David Squires print – Carlos Valderrama
Lot 8 – 2016/17 Rayo Vallecano replica shirt Size: Large
Lot 9 – David Squires print – England World Cup fail
Lot 10 – David Squires print – Millwall ground chicanery
Lot 11 – Bala football signed by 2017/2018 DHFC players
Lot 12 – Edgar Kail T-Shirt signed by former DHFC Players
Lot 13 – Limited edition signed Sheffield FC football from 150th year (no. 32)
A special thanks to all individuals and businesses that have so far donated items. We express our sincere thanks to the East Dulwich Tavern and their staff for allowing us to use the space for free and for their continued support of the Football Club.
Supporters attending the ‘home’ game at Tooting & Mitcham’s Imperial Fields Stadium earlier in the day will be able to travel back to East Dulwich for free if they have purchased a ticket in advance for the party.
Tickets, priced £3, will be on sale at Saturday’s away fixture against Burgess Hill Town via Supporters’ Trust Board members and in the club bar (point of sale will be announced before each game) at the next three home fixtures:
Tuesday 10 April v Tonbridge Angels 7:45pm kick off
Thursday 12 April v Dorking Wanderers 7:45pm kick off
Saturday 14 April v Thurrock 3pm kick off
We have provisionally booked 2 coaches and expect to sell enough tickets to run at least one coach but we need to confirm this booking to the coach supplier on Wednesday 11 April so supporters are advised to buy their tickets as early as possible at the games tomorrow and Tuesday.
The party will kick off at 7pm with DJ’s providing entertainment throughout until midnight. In between the dancing, we are going to hold a raffle and auction where we have some fantastic prizes on offer. Further news on the prizes will be released shortly.
All ticket holders will go into a lucky dip draw, on the night, to win a special Dulwich Hamlet goodie bag!
Some of the shirts on offer at the party
If any individuals or businesses have any items they wish to donate to the raffle and auction, please contact us email@example.com. A special thanks to all individuals and businesses that have so far donated items. We express our sincere thanks to the East Dulwich Tavern and their staff for allowing us to use the space for free and for their continued support of the Football Club.
The full minutes of the DHST Board meeting that took place on 15 February 2018 are now available to read here
Topics covered include an update on the situation at the Club/Champion Hill, plans to commemorate International Women’s Day, membership consultation, merchandise, and volunteering.
The winners of this month’s draw were Steve Rickerby who won £76.25 and Kerry Muraszko who won £45.75. Monthly contributions are running at £305 and the total raised now stands at over £34k. Many thanks for your continued support. Head here to fill in a quick and easy online form to be in with a chance of winning next month’s draw.