West Ham United Supporters Association have voted on the conversion to a Community Benefit Society (Supporters Trust).
97.2% voted for the motion to convert to a Supporters Trust with just 2.8% against.
WHUISA is now commencing the process to convert from an Independent Supporters Association to a Community Benefit Society (Supporters Trust).
They will now set up a working group which will need to:
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Work with the Football Supporters Association as our sponsor to agree the model rules and officially establish the Trust
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As the FSA are sponsoring our submission they will be covering the cost of the fees involved in our submission to the Finacial Conduct Authority
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Establish Board Roles – how the Board will operate and who will do what etc., working closely with and using the experience of the FSA
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Agree the structure of the Trust
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Set up a new bank account and transfer the balance from the ISA account to the new account
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Modify the website and social media output
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Produce a business plan
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Establish and modify existing policies, e.g. conduct of members and board etc
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Organise Trust launch
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Recruit Trust members
The committee says once the Trust is established and operating effectively we can then formally establish the Board of the Trust by elections at the first Annual General Meeting which will be called within 12 months of the establishment of the Trust.
