Running a sports club is a complicated and time-consuming business. Achieving financial stability, managing and improving the player base, handling internal politics and securing premises and facilities are just a few of the matters that demand attention, never mind playing a match!
As a result, we have seen increasing interest from clubs in the type of legal structure through which they operate. This is rightly so, as the choice of structure will have a significant effect on the financial and legal position of the club and the risk and liability assumed by committee members. Should the club find itself faced with financial difficulties or a claim, structure is key. Increasingly, clubs are (regardless of their level) reviewing the way that they are set-up and adopting a corporate structure by setting up a company to manage their affairs.
In response to requests for guidance, Charles Russell has, in conjunction with The Football Association, prepared a guide on club structures. To view the guide, please click on the following link:
Charities and Not for Profit
Mike Scott, Partner
Tel: +44(0)20 7203 5117