You are having a meaningless debate

since Mr Walpole has stated that this will be a charitable trust. Which is interesting, since investigation reveals that none of the handful of other broadly similar schemes have such status (the Bournemouth scheme, for example, is a high-risk investment scheme authorised by the FSA). As far as I can see FONCY is not a charity either - so it will be interesting to see into which of the various charitable purposes outlined above Mr Walpole's scheme falls.

Posted By: Five guys named Creo on January 24th 2008 at 11:31:33

Message Thread

The transfer fund thing... (NCFC) - BerlinCanary, Jan 24, 09:44:42
- As I said earlier, I have no idea how big this will be, so I can't (NCFC) - CarrowRoeder, Jan 24, 09:49:00
  - A charitable trust needs a charitable purpose (NCFC) - Five guys named Creo, Jan 24, 09:58:03
    - The relief of those with disability: (NCFC) - Drurys Left Nut, Jan 24, 10:20:37
      - fucking genius! (n/m) (NCFC) - SCC 28, Jan 24, 10:25:59
    - The advancement of amateur sport (NCFC) - Dave in France, Jan 24, 10:01:17
    - if we can sign the next Wayne Rooney (NCFC) - blindasabat, Jan 24, 10:01:09
    - and if none, does it have tax implications ? (n/m) (NCFC) - Steve in Holland, Jan 24, 09:59:43
      - Well yesterday I asked (NCFC) - Five guys named Creo, Jan 24, 10:01:42
        
        Presumably though no tax would be payable anyway... (NCFC) - SimonOTBC, Jan 24, 10:36:16
        
        Presumably the club would have to pay tax on the donation then... (n/m) (NCFC) - BerlinCanary, Jan 24, 10:53:03
        
        I really don't know to be honest..... (NCFC) - SimonOTBC, Jan 24, 11:06:04
        
        Having said that.... (NCFC) - SimonOTBC, Jan 24, 11:11:09
        
        You are having a meaningless debate (NCFC) - Five guys named Creo, Jan 24, 11:31:33
        
        Although that it is true... (NCFC) - SimonOTBC, Jan 24, 11:53:21
        
        What speaks volumes about it really (NCFC) - Five guys named Creo, Jan 24, 11:54:56
        
        "high-risk investment scheme" (NCFC) - BerlinCanary, Jan 24, 11:45:21
        
        from the Pink un messageboard...(!) (NCFC) - blindasabat, Jan 24, 11:53:17
        
        Not really I suspect it has no value anyway (NCFC) - Five guys named Creo, Jan 24, 11:52:14
        
        Note that their minimum individual contribution is £1,000 (n/m) (NCFC) - Arizona Bay, Jan 24, 11:54:45
        
        Tax on interest, at least (n/m) (NCFC) - Steve in Holland, Jan 24, 10:37:26
  - If there are so many things still to do, how come you spend so much time on here? (n/m) (NCFC) - Chalk Hill Bitter, Jan 24, 09:56:32
    - Seriously he is working on it by being here - awareness and publicity (n/m) (NCFC) - Steve in Holland, Jan 24, 10:00:20
      - To 106 people currently on line? So 25% of them = £1,560? (n/m) (NCFC) - Chalk Hill Bitter, Jan 24, 10:01:48
        
        Don't knock it. That's half a day's wages for Tiny (n/m) (NCFC) - Steve in Holland, Jan 24, 10:09:18
        
        Oh, but we're not allowed to do wages. That's a Peter Thorne right there, (n/m) (NCFC) - Steve in Holland, Jan 24, 10:09:48
- nail head (n/m) (NCFC) - Steve in Holland, Jan 24, 09:47:49

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