LT Smash
Premiership Player
Perhaps it will sound wrong, but would be good to have some financial contribution as a requirement to join the board. For example 50k contribution as a right to join. The board should ideally be full of business people with money, and they should be able to contribute easily, and these sorts of people should have no problem helping the club to make money, in both football and non football revenue streams.
There was a suggestion of this nature floating a year ago based on the Carlton model instigated by Dick Pratt and it was howled down by the socialists of the forum. I only hope we can clear our debt by raising sufficient Kumbayas - though not sure if they are yet to be traded as hard currency.
In the event that this ludicrous plan - selling board spots - did come in, I'd be setting the bar slightly higher than 50k.
Quite right - make them responsible for attracting $50K new business per year. Better yet, make that $150K per year. I don't see it as necessary that this is personal play money they have to put up. They are simply required to attract funds of that amount into the club. It's not about 2007 share structure, it's about essential revenue and it's about ensuring the people on the board are suitable directors of a company turning over $30 million per year. We don't need raffle ticket sellers, we need people who can turn this struggling little sports club into a multi million dollar enterprise with a future.