Well I for one hope that this has finally been resolved and that LISA carries on the good work without any unnecessarry expense being incurred and a token share in the club should make all members well pleased (as one of my grandsons says).

Simple answer - NO. Each is an independent legal entity (as are Keith and Phil as individuals),

Agreed, that is also how I understand it.

Completely agree with that one. As you say, there is certainly no problem with communication from the current board and it's hard to see what can be brought to the table by someone who, first and foremost, would be there as LISA's representative and therefore having to shoulder the responsibility of the membership which I would expect to be a huge burden when added to the existing pressure of being a board member.

Given the state of the clubs finances I think we need an accountant on the Board. The LISA treasurer is an accountant and perhaps he should be asked to represent us.

The club have enough financial expertise at their disposal, the figures involved are not difficult enough to need a dedicated accountant

So in summary

Director - NO
Shareholding - YES
Can they take the money - NO
Financial Transparency - YES

I would buy that.

Ooops and folk now know that being a shareholder and a Director are very different

Which one of you are going to sort it out now then?

LISA acts in an advisory capacity by regular contact with the Board but with financial transparency as a shareholder.

Spoke with the LISA chairman last night, he said, when this was discussed at the LISA meeting last week, NO ONE HAD anything to say, no objections were given by anyone, so he wants us to continue with this, we will be organising to speak with the club soon, to discuss how it will work.
Over the last few days I've been fuming over this thread but Im not letting scaremongers ruin all our hard work.

Thanks to the LISA members on this thread for their advise, we will take it all on board before a final decision is made, however anyone else shouldn't comment, if their not a member.

Please don't take this the wrong way but if you don't want general comment, then don't post it on a general site
Some of the posters may not be current members but I know some have contributed far more to LISA than most current members ever will.
This topic has been ongoing since 2003/4 and boy oh boy has some bullpooh been posted about it as most were/are clueless on the matter.
As a potential LISA member I would rejoin without hesitation if the organisation obtained a share in SCL, I would never attend a meeting but fully support the stakeholder/Supporters Trust concept as a way to avoid our regular implosions via transparency of accounts.

Apologies if I have upset anyone but I have declared from my first post that I am not a member and as this sort of thing is what I do for a living I thought some impartial advice may be appreciated.

I will refrain from further comment and wish you luck whatever LISA decides.

If it's any consolation i've agreed with everything you have posted on this thread and also the tone in which you have offered your advice.

Unfortunately it would appear that not everybody can see the obvious conflict with an independent body having a seat on the Board of an organisation they fundraise for. More so there is a failure to realise that the people who put themselves forward are the most unlikely to succeed in gaining Board approval to join as they would bring nothing to the party other than an inflated ego as to what they might be able to offer.

I presume you mean me, well if members want I will resign and have nothing else to do with it, I will continue to contribute funds wise but that s all if its want our members want, no problem at all, I will have a lot more time on my hands then wont I.
I just dont think anyone quite realises how much I do for LISA , but do know the club appriecate it.
However people like yourself hiding behind usernames could do a much better job then me Im sure.

Most of the comments on here Im ok with BTW, Toadstool etc good advice has been offered and we would have taken all of it into consideration, however some seem to want us to fail for some strange reason. All we want is to help our club in whatever way we can.

I don't think anyone wants LISA to fail, Lynda, but is definitely worth considering the potential ramifications of there being an official LISA representative on the board, again because (and I agree) that is does conflict with being an independant body.

As I said Matt something we need to discuss with board and iron out these areas before anything is set out.

We should remember that there was only about 25 members present out of the 400+ so big decisions like this should not go to a vote / comments on the night.

Well how do we decide then as FrankB says he doesnt want his money wasting for a postal vote ? Anyone any ideas?

I don't think there's any way of deciding it other than a postal vote, otherwise you risk alienating members and therefore lose a lot more money in the wrong run.

With all due respect Lynda you have read how board members are treated sometimes on here if you are the LISA board rep you will have to grow a thicker skin, your hubby still gets blamed for things that happened 5 years ago that should be long dead and buried.

FrankB is only one member to reach all then a postal vote is a must as I would hazard a guess that e mails (from them that have e mail addresses) are not collected, it is the only way to reach all members.

Put out an announcement on here / local press / programme / letters at turnstyles etc. Ask members who wish to vote to drop off a signed A4 sheet (containing their name & address as proof of membership) at the next home game.

Who should do this ?

its got to be a postal vote,every member must have a chance to have their say.As for cost lets ask for donations to cover the price of postage.Ill start the ball rolling with a tenner

I have a lot of email address fred but not all people have them, as I said I wanted to use a postal vote but got shot down.

I wasn't having a go at you specifically & will happily go on record as saying you do a fantastic job with LISA as do a number of others - nor do I think I could do a better job than you.

I do however think that you or anybody from LISA cannot join the Board on behalf of LISA as you would be hugely conflicted in your dual roles - equally to be considered unsuitable for the Board for whatever reason could do far more damage than good.

For me LISA have done more for the club than any individual and as such to re-name the North Stand as the LISA stand would be a far greater accolade for all involved than creating the poisoned chalice of sitting on the Board trying to represent 400+ opinions.