Please see details from the CTSA’s AGM held in the Mayo Wynne Baxter Executive Suite at the People’s Pension Stadium on June 28, 2022.
Apologies: Reuben Watt
Chairman’s address: Sam Jordan read out his report which can be accessed here: https://www.ctfcsa.co.uk/2022/agm-thursday-25-july-2019-mayo-wynne-baxter-executive-suite-peoples-pension-stadium-8pm-2/
Reds Rollover
RR numbers down- from 43 p/m to 41 p/m 20/21 to 21/22. Compare to Hendon who have 300.
RR accounts 20/11 to 21/22 compared. Projections for 50 members.
Update on Reds Rollover given –
REDS ROLLOVER FIGURES
2020/2021
Average number of members per month 43
Money in £2580
Money out
First prizes £774 Average Prize £64.50
Second prizes £387 £32.25
Rollover £258
Club contribution £1161
2021/2022
Average number of members per month 41 (50)
Money in £2460 (£3000)
Money out
First prizes £738 (£900) Average Prize £61.50 ((£75)
Second prizes £369 (£450) £30.75 (£37.50)
Rollover £246 (£300)
Club contribution £1107 (£1350)
Plus 3rd prizes, two executive area seats which have mostly been upgraded and 4th prizes, signed books and stadium prints
NOLI CEDERE UPDATE
Action
NOLI SEMPER CEDERE
Now on sale for £10 if bought from myself, afraid it has to be money upfront before I order.
Finance
This report was read out and can be accessed here: https://www.ctfcsa.co.uk/2022/agm-thursday-25-july-2019-mayo-wynne-baxter-executive-suite-peoples-pension-stadium-8pm-2/
Role on the board
Mat: happy to do the role with the club, next year’s AGM is an opportunity for me to be openly challenged. If people don’t feel I am performing the role properly, I will step down but I will do the job to the best of my ability. Conversations with Preston open and honest. Hopes to be able to engage with club re: finances, and push/challenge if necessary as fans have never had that opportunity.
Financial element, done some digging of my own- the majority of the WAGMI guys are Ivy League graduates who made their money in derivatives and sports betting before crypto. Certain sponsorship assets under previous ownership were massively undervalued.
Sam: important that we know who runs the club- visibility and engagement of owners has given confidence.
Mat: beneficial for those who want to understand cryptocurrency/NFT market if Preston was to host an explainer. A few of the smaller sponsors had not heard from the new owners- Preston was made aware. Every single one got a phone call within 24 hours to arrange a meeting. Important to not alienate historic sponsorship/funding.
Sam: every supporter organisation should aim to have a stake in the club to avoid damage if money is pulled out.
Q: have we got a plan PR wise? From a broader perspective, particularly capturing young fans.
Mat: WAGMI are keen to grow local support but probably need help doing it as they don’t know local environment.
Sam: staff behind the scenes very thin, due to previous regime not willing to spend money on it.
You’ll see a marketing manager come in which previous regime were not willing to do as were not thinking long term. Need to grow fanbase.
Mat: important to establish what is the long term strategy for growing Crawley at a local level? We have an opportunity to push and push to build local support.
(Club announce Tunnicliffe is leaving)
Steve: met Hunter Orrell last night
Hunter is there for the communications side of things.
Discussion regarding how local community can be tapped into- emphasis on PR and marketing. And matchday experience (catering).
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