Actions
After a disappointing start to their first season after purchasing the club, the Trust installed Jim Gannon as manager to the first team who, despite previously having had little managerial experience, has emerged as one of the most highly rated managers in the lower leagues. Already a fans favorite having been with County for 10 years as a player, Gannon is fast approaching the club's most successful manager in recent history.
The Trust maintain a Rainy Day Fund, whereby people may purchase £50 bonds to grant the club a small pool of working capital. In return, the bond owners are rewarded a small percentage of any profits the club makes by surpassing the first round of cup competitions. Due to average performances in cup competitions, this windfall payment has amounted to around 75p per bond annually over the last three years, however the Trust has found the £72,000 in the Rainy Day Fund to be valuable.
Shortly before the start of the 2008-09 season, the trust revealed that the club's training facilities at Manor Farm were in dire need of repair before the end of the calendar year, or the landlords, previous County chairman Brendan Elwood and Trafford BC would exercise a break clause in the lease and evict the club. The Trust, having not budgeted for the additional expense sent out a plea for fans and local businesses to donate time and money to help repair the facilities. The work done prior to the original deadline lead to a three month extension.
The Trust's luck finally ran out in April 2009, when the club was placed into administration due to a debt of £7.8 million. The Trust now has no involvement in the running of the club.
In the newly reformed Stockport County Supporers Co-operative gave back to the history of the club by creating the SCAN (Stockport County Appearance Number) Scheme. The SCAN Scheme gives each new debuting player a unique number this shows fans that players place in the list of players that have made senior appearances for the club.
Read more about this topic: Stockport County Supporters' Co-operative
Famous quotes containing the word actions:
“If you need a certain vitality you can only supply it yourself, or there comes a point, anyway, when no one’s actions but your own seem dramatically convincing and justifiable in the plot that the number of your days concocts.”
—John Ashbery (b. 1927)
“... the loss of belief in future states is politically, though certainly not spiritually, the most significant distinction between our present period and the centuries before. And this loss is definite. For no matter how religious our world may turn again, or how much authentic faith still exists in it, or how deeply our moral values may be rooted in our religious systems, the fear of hell is no longer among the motives which would prevent or stimulate the actions of a majority.”
—Hannah Arendt (1906–1975)
“However, our fates at least are social. Our courses do not diverge; but as the web of destiny is woven it is fulled, and we are cast more and more into the centre. Men naturally, though feebly, seek this alliance, and their actions faintly foretell it.”
—Henry David Thoreau (1817–1862)