Arsenal Supporters' Trust
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Arsenal Supporters' Trust
The Arsenal Supporters' Trust is the official supporters' trust of Arsenal Football Club, as recognised by Supporters Direct. The group, like other supporters' trusts, seeks to strengthen the influence of supporters over the destiny of their clubs through democratic supporter ownership. History and constitution The group was founded in 2003 as The Arsenal Supporters' Trust and is registered as an Industrial and Provident Society, which means the Trust is owned equally by all of its members. Each member has one vote in the Trust's elections. Though it is recognised by Supporters Direct as the official Supporters Trust for Arsenal FC, and holds regular dialogue with the club, the Arsenal Supporters' Trust is wholly independent and is not owned or financially dependent on the club or its owners. With a membership of approximately 1,000, it is one of the smaller supporters' trusts in the United Kingdom, but has a close working relationship with the club. AST's members include small s ...
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Supporters' Trust
In British sports, a supporters' trust is a formal, democratic and not-for-profit organisation of fans who attempt to strengthen the influence of supporters over the running of the club they support. There are over 140 supporters' trusts across England, Wales and Scotland and the majority of these are affiliated to football clubs, however trusts also exist for Rugby league and Rugby Union clubs. With government and with cross-party support, Supporters Direct was established to encourage the formation of supporters' trusts to promote democratic supporter ownership. Supporters Direct encourages these bodies to be formed as Industrial and Provident Societies (IPSs) and assists with their formation, legal and start-up costs. Supporters' trusts were commonly founded in response to financial crises which threaten the future of a team, as was the case at Chesterfield, Lincoln City, York City, and Real Oviedo. Their involvement has reportedly ensured the survival of over 20 different cl ...
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Community Benefit Society
An industrial and provident society (IPS) is a body corporate registered for carrying on any industries, businesses, or trades specified in or authorised by its rules. The members of a society benefit from the protection of limited liability much like other corporate forms, but unlike companies for example, each member will normally only have one vote at a General Meeting regardless of their shareholding. The governance of a society is therefore democratically oriented rather than financially oriented. The legal form originated in the United Kingdom of Great Britain and Ireland and became the traditional legal form taken by trading organisations with democratic governance including: * co-operatives (which trade for the benefit of their members); * societies for the benefit of the community (which trade for the benefit of the broader community). In Great Britain the Co-operative and Community Benefit Societies Act 2014 has renamed these societies as ''co-operative or communi ...
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Supporters Direct
Supporters Direct are an umbrella organisation set up originally by the British government (with cross-party support) to provide support and assistance for its member trusts to secure a greater level of accountability and deliver democratic representation within football clubs and within football's governing structures. Its first managing director was Brian Lomax, founder of the first supporters' trust at Northampton Town F.C. Supporters Direct also works in other sports, most notably rugby league, as well as ice hockey. It is also funded by UEFA to work in football across Europe. Amongst other things, Supporters Direct promotes the value of supporter and community engagement and helps supporters' trusts to secure influence and become a constructive voice in how their club is run. There are now over 200 supporters' trusts in the UK; clubs owned in partnership with supporters' trusts such as Swansea City A.F.C. and over 50 clubs owned by their supporters including Enfield Town F ...
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Supporters' Trust
In British sports, a supporters' trust is a formal, democratic and not-for-profit organisation of fans who attempt to strengthen the influence of supporters over the running of the club they support. There are over 140 supporters' trusts across England, Wales and Scotland and the majority of these are affiliated to football clubs, however trusts also exist for Rugby league and Rugby Union clubs. With government and with cross-party support, Supporters Direct was established to encourage the formation of supporters' trusts to promote democratic supporter ownership. Supporters Direct encourages these bodies to be formed as Industrial and Provident Societies (IPSs) and assists with their formation, legal and start-up costs. Supporters' trusts were commonly founded in response to financial crises which threaten the future of a team, as was the case at Chesterfield, Lincoln City, York City, and Real Oviedo. Their involvement has reportedly ensured the survival of over 20 different cl ...
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Arsenal F
An arsenal is a place where weapon, arms and ammunition are made, maintenance, repair, and operations, maintained and repaired, stored, or issued, in any combination, whether Private property, privately or state-owned, publicly owned. Arsenal and armoury (British English) or armory (American English) are mostly regarded as synonyms, although subtle differences in usage exist. A sub-armory is a place of temporary storage or carrying of weapons and ammunition, such as any temporary post or patrol vehicle that is only operational in certain times of the day. Etymology The term in English entered the language in the 16th century as a loanword from french: arsenal, itself deriving from the it, arsenale, which in turn is thought to be a corruption of ar, دار الصناعة, , meaning "manufacturing shop". Types A lower-class arsenal, which can furnish the materiel and equipment of a small army, may contain a laboratory, gun and carriage factories, small-arms ammunition, sm ...
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Industrial And Provident Society
An industrial and provident society (IPS) is a body corporate registered for carrying on any industries, businesses, or trades specified in or authorised by its rules. The members of a society benefit from the protection of limited liability much like other corporate forms, but unlike companies for example, each member will normally only have one vote at a General Meeting regardless of their shareholding. The governance of a society is therefore democratically oriented rather than financially oriented. The legal form originated in the United Kingdom of Great Britain and Ireland and became the traditional legal form taken by trading organisations with democratic governance including: * co-operatives (which trade for the benefit of their members); * societies for the benefit of the community (which trade for the benefit of the broader community). In Great Britain the Co-operative and Community Benefit Societies Act 2014 has renamed these societies as ''co-operative or communi ...
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Stan Kroenke
Enos Stanley Kroenke (; born July 29, 1947) is an American billionaire businessman. He is the owner of Kroenke Sports & Entertainment, which is the holding company of Arsenal F.C. of the Premier League and Arsenal W.F.C. of the WSL, the Los Angeles Rams of the NFL, Denver Nuggets of the NBA, Colorado Avalanche of the NHL, Colorado Rapids of Major League Soccer, Colorado Mammoth of the National Lacrosse League, the Los Angeles Gladiators of the Overwatch League, and the Los Angeles Guerrillas of the Call of Duty League. The Nuggets and Avalanche franchises are held in the name of his wife, Ann Walton Kroenke, to satisfy NFL ownership restrictions that forbid a team owner from having teams in other markets. Ann is the daughter of Walmart co-founder James "Bud" Walton. Kroenke was estimated to be worth US$10.7 billion by ''Forbes'' in 2022. Kroenke's holding company for sports teams has been controversial. In 2016, he relocated the St. Louis Rams to Los Angeles, turning the ...
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Alisher Usmanov
Alisher Burkhanovich Usmanov (russian: Алишер Бурханович Усманов; born 9 September 1953) is an Uzbek-born Russian businessman and oligarch. By 2022, Usmanov had an estimated net worth of $19.5 billion and was among the world's 100 wealthiest people. Usmanov made his wealth after the collapse of the Soviet Union, through metal and mining operations, and investments. He is the majority shareholder of Metalloinvest, a Russian industrial conglomerate, which consolidated in 2006 JSC Metalloinvest's assets (Mikhailovsky GOK and Ural Steel) with those of Gazmetall JSC (Lebedinsky GOK and the Oskol Electrometallurgical Plant). He owns the Kommersant publishing house. He is also a co-owner of Russia's second-largest mobile telephone operator, MegaFon, and owner of Udokan copper which develops one of the largest copper deposits in the world. Usmanov eventually teamed up with Yuri Milner and became the largest investor of Digital Sky Technologies ("DST"). On 16 ...
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Co-operatives In The United Kingdom
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and man ...
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