Trust In Luton
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Trust In Luton
Luton Town Supporters' Trust is a registered industrial and provident society which acts as the supporters' trust, a democratic cooperative, for fans of the English football club Luton Town. Trust in Luton was established in June 2003 by a group of supporters following the highly controversial takeover of Luton Town by John Gurney. Luton's current Managing Director, Gary Sweet, was a founding member and former director of the Trust, and was part of the movement that successfully forced Gurney out by deliberately placing the club into administrative receivership. The Trust owns 50,000 shares in the club's holding company, Luton Town Football Club 2020 Limited, and currently holds the right of veto over any changes to the club's identity – the only such organisation that has this right in English professional football. The Trust is also a member of Supporters Direct, a government-led trust initiative. History In May 2003, businessman John Gurney and his consortium bought Luton T ...
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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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Luton Airport
London Luton Airport is an international airport located in Luton, Bedfordshire, England, situated east of the town centre, and north of Central London. The airport is owned by London Luton Airport Ltd (LLAL), a company wholly owned by Luton Borough Council, and operated by London Luton Airport Operations Ltd (LLAOL). An airport was opened on the site on 16 July 1938. During the World War II, Second World War, the airport was used by fighters of the Royal Air Force. Commercial activity and general aviation flight training at Luton resumed during 1952. By the 1960s, Luton Airport was playing a key role in the development of the package holiday business; by 1969, a fifth of all holiday flights from the UK departed from Luton Airport. From the mid-1960s, business aircraft, executive aircraft have been based at the airport. During the late 1970s, an expansion plan was initiated at Luton to accommodate as many as 5 million passengers per year, although the airport experienced ...
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David Pinkney
David Pinkney is a British businessman and auto racing driver. He competed in the British Touring Car Championship on and off between 1989 and 2011. Racing career James Weaver talked David into racing and he started out in the Uniroyal Saloon Car Championship in 1987 with a £5000 Rover Vitess SD1 racing against the new Sierra Cosworths- in 1988 he raced a Cosworth Sierra in the production saloon championship- then moved on to the BTCC in 1989 with a troubled RS500 prepared by Terry Drury, then three more years in a Cosworth Saphire - Moving back to the BTCC in a Prodrive BMW in 1993. He also briefly raced in the BTCC series with Tim Harvey in 2001 in a rather unreliable Alfa Romeo 147, leaving the JSM team after four rounds and four breakdowns. He has won the VW Vento VR6 Championships in 1996 & 97 - The Vauxhall Vectra winter series and the Vauxhall Vectra SRi Championship in 1998 and 1999. He also raced on and off in the Porsche Carrera Cup in 2003, 2004 and once in 2005, an ...
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The Football Association
The Football Association (also known as The FA) is the Sports governing body, governing body of association football in England and the Crown Dependencies of Jersey, Bailiwick of Guernsey, Guernsey and the Isle of Man. Formed in 1863, it is the oldest football association in the world and is responsible for overseeing all aspects of the amateur and professional game in its territory. The FA facilitates all competitive football matches within its remit at national level, and indirectly at local level through the county football associations. It runs numerous competitions, the most famous of which is the FA Cup. It is also responsible for appointing the management of the English national football team, men's, England women's national football team, women's, and England national under-17 football team, youth national football teams. The FA is a member of both UEFA and FIFA and holds a permanent seat on the International Football Association Board (IFAB) which is responsible for th ...
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Milton Keynes Dons F
Milton may refer to: Names * Milton (surname), a surname (and list of people with that surname) ** John Milton (1608–1674), English poet * Milton (given name) ** Milton Friedman (1912–2006), Nobel laureate in Economics, author of '' Free to Choose'' Places Australia * Milton, New South Wales * Milton, Queensland, a suburb of Brisbane ** Milton Courts, a tennis centre ** Milton House, Milton, a heritage-listed house ** Milton railway station, Brisbane ** Milton Reach, a reach of the Brisbane River ** Milton Road, an arterial road in Brisbane Canada * Milton, Newfoundland and Labrador * Milton, Nova Scotia in the Region of Queens Municipality * Milton, Ontario ** Milton line, a commuter train line ** Milton GO Station * Milton (electoral district), Ontario ** Milton (provincial electoral district), Ontario * Beaverton, Ontario a community in Durham Region and renamed as Beaverton in 1835 * Rural Municipality of Milton No. 292, Saskatchewan New Zealand * Milton, N ...
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Football League Championship
The English Football League Championship (often referred to as the Championship for short or the Sky Bet Championship for sponsorship purposes) is the highest division of the English Football League (EFL) and second-highest overall in the English football league system, after the Premier League. The league is contested by 24 clubs. Introduced for the 2004–05 season as the Football League Championship the division was previously known as the Football League Second Division (1892–1992) and Football League First Division (1992– 2004). The winning club of the Championship receives the EFL Championship trophy, the same trophy that was awarded to English First Division champions from 1892 until 1992. As in other divisions of professional English football, Welsh clubs can be part of the division, making it a cross-border league. Each season, the two top-finishing teams in the Championship are automatically promoted to the Premier League. The teams that finish the season in 3 ...
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Bill Tomlins
Bill Tomlins was a British businessman who, along with a consortium, brought Luton Town FC out of administrative receivership in May 2004. The Hatters completed his full season in charge in May 2005, achieving the championship in the Coca-Cola League One. Tomlins was the chairman of LTFC until 11 April 2007 when he stood down and was succeeded by David Pinkney. In June 2008 he was fined £15,000 and suspended from all football and football activities for a period of five years by The Football Association in respect of thirteen charges of misconduct made against him. At the same time Luton Town FC was fined £50,000 and had ten points deducted for routing of payments to agents not through The Football Association. In September 2011 he was disqualified from acting as a director for six years following proceedings brought by the UK Insolvency Service The Insolvency Service is an executive agency of the Department for Business, Energy and Industrial Strategy with headquarters in ...
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Administrative Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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Offshore Company
The term "offshore company" or “offshore corporation” is used in at least two distinct and different ways. An offshore company may be a reference to: * a company, group or sometimes a division thereof, which engages in offshoring business processes. * International business companies (IBC) or other types of legal entities, which are incorporated under the laws of a jurisdiction, that prohibit local economic activities. The former use (companies formed in offshore jurisdictions) is probably the more common usage of the term. In isolated instances, the term can also be used in reference to companies with offshore oil and gas operations. Companies from offshore jurisdictions In relation to companies and similar entities which are incorporated in offshore jurisdictions, the use of both the words “offshore” and "company" can be varied in application. The extent to which a jurisdiction is regarded as offshore is often a question of perception and degree. Classic tax haven c ...
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The Football League
The English Football League (EFL) is a league of professional football clubs from England and Wales. Founded in 1888 as the Football League, the league is the oldest such competition in the world. It was the top-level football league in England from its foundation until 1992, when the top 22 clubs split from it to form the Premier League. The EFL is divided into the Championship, League One and League Two, with 24 clubs in each division, 72 in total, with promotion and relegation between them; the top Championship clubs change places with the lowest-placed clubs in the Premier League, and the bottom clubs of League Two with the top clubs of the National League. Although primarily an English competition, several clubs from Wales – currently Cardiff City, Swansea City and Newport County – also take part. The Football League had a sponsor from the 1983–84 season, and thus was known by various names. For the 2016–17 season, the league rebranded itself as the ...
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