Shareholders' letter

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longhair
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Re: Shareholders' letter

Post by longhair » Fri Oct 15, 2021 12:36 pm

My e mail was never acknowledged not even an automated one

martin_p
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Re: Shareholders' letter

Post by martin_p » Fri Oct 15, 2021 2:33 pm

The club has just emailed out a fairly comprehensive FAQ which probably answers a lot of the questions people have been asking.

1968claret
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Re: Shareholders' letter

Post by 1968claret » Sat Oct 16, 2021 11:13 am

Yes, just got this and it answers most questions. As I mentioned in an earlier post, we have a share which is in my late father in laws name.
The faqs covers this and explains that we need to give notice to sell within the agreed time limits and that if any transfer of ownership takes longer that is ok.
One question I now have is how we provide notice to sell?
Does an email suffice or are we supposed to provide notice by letter?
Grateful if anyone could advise.
Thanks

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Re: Shareholders' letter

Post by martin_p » Sat Oct 16, 2021 5:29 pm

1968claret wrote:
Sat Oct 16, 2021 11:13 am
Yes, just got this and it answers most questions. As I mentioned in an earlier post, we have a share which is in my late father in laws name.
The faqs covers this and explains that we need to give notice to sell within the agreed time limits and that if any transfer of ownership takes longer that is ok.
One question I now have is how we provide notice to sell?
Does an email suffice or are we supposed to provide notice by letter?
Grateful if anyone could advise.
Thanks
It’s just an email with name, email address, no of shares and certificate number(s) to the shareholder email address.

LlandennyClaret
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Re: Shareholders' letter

Post by LlandennyClaret » Sat Oct 16, 2021 6:24 pm

Just out of interest, are those still waiting for a response using a BT email address?

1968claret
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Re: Shareholders' letter

Post by 1968claret » Sat Oct 16, 2021 8:33 pm

martin_p wrote:
Sat Oct 16, 2021 5:29 pm
It’s just an email with name, email address, no of shares and certificate number(s) to the shareholder email address.
Thanks

dsr
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Re: Shareholders' letter

Post by dsr » Sun Oct 17, 2021 1:00 pm

martin_p wrote:
Fri Oct 15, 2021 2:33 pm
The club has just emailed out a fairly comprehensive FAQ which probably answers a lot of the questions people have been asking.
Would it be possible to post the contents of this for people who don't get the emails? Or is this strictly private and confidential and not for public viewing?

If the latter, what does it say about how long the club credit lasts, and whether it can be passed on on the death of the recipient?

1968claret
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Re: Shareholders' letter

Post by 1968claret » Sun Oct 17, 2021 3:23 pm

DSR, the email does still say private and confidential. So not sure what the rules are regarding sharing.
However it does say that any unused credit can be transferred to the estate of the deceased.
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Re: Shareholders' letter

Post by gawthorpe_view » Sun Oct 17, 2021 3:34 pm

1968claret wrote:
Sun Oct 17, 2021 3:23 pm
DSR, the email does still say private and confidential. So not sure what the rules are regarding sharing.
However it does say that any unused credit can be transferred to the estate of the deceased.
With several thousand shareholders receiving the original letter and the faqs, I'd say it's pretty much in the public domain now.

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Re: Shareholders' letter

Post by ClaretTony » Sun Oct 17, 2021 4:07 pm

dsr wrote:
Sun Oct 17, 2021 1:00 pm

If the latter, what does it say about how long the club credit lasts, and whether it can be passed on on the death of the recipient?
The credit lasts indefinitely and can be passed on should the recipient pass away.
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ClaretTony
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Re: Shareholders' letter

Post by ClaretTony » Sun Oct 17, 2021 4:08 pm

gawthorpe_view wrote:
Sun Oct 17, 2021 3:34 pm
With several thousand shareholders receiving the original letter and the faqs, I'd say it's pretty much in the public domain now.
Shouldn't be in the public domain, quite clearly says Private and Confidential on the original letter.

martin_p
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Re: Shareholders' letter

Post by martin_p » Sun Oct 17, 2021 4:10 pm

dsr wrote:
Sun Oct 17, 2021 1:00 pm
Would it be possible to post the contents of this for people who don't get the emails? Or is this strictly private and confidential and not for public viewing?

If the latter, what does it say about how long the club credit lasts, and whether it can be passed on on the death of the recipient?
I’m happy to field any questions based on the faq. It does say there is no time limit on the credit and it can be transferred to the owner’s heir or legal beneficiary on their death.
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NIDGE 65
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Re: Shareholders' letter

Post by NIDGE 65 » Tue Oct 19, 2021 4:32 pm

Just a word of warning, should Burnley FC fall into administration, the Administrators would have the power to null and void any vouchers you may hold!

IanMcL
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Re: Shareholders' letter

Post by IanMcL » Tue Oct 19, 2021 4:38 pm

I am still a shareholder and if you folk sell all yours, it will just be me and the board!

I hope they treat me well!

Ps I am too young for the Bob Lord!

Paul Waine
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Re: Shareholders' letter

Post by Paul Waine » Tue Oct 19, 2021 6:13 pm

NIDGE 65 wrote:
Tue Oct 19, 2021 4:32 pm
Just a word of warning, should Burnley FC fall into administration, the Administrators would have the power to null and void any vouchers you may hold!
To be fair, if the club falls into administration the first thing to be worth nothing will be all the shares.

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Re: Shareholders' letter

Post by ClaretTony » Tue Oct 19, 2021 6:20 pm

NIDGE 65 wrote:
Tue Oct 19, 2021 4:32 pm
Just a word of warning, should Burnley FC fall into administration, the Administrators would have the power to null and void any vouchers you may hold!
If admin is a fear then best to sell them

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Sun Oct 24, 2021 12:23 pm

Anyone wanting to sell there share(s) must send their email by 5pm today

Lowbankclaret
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Re: Shareholders' letter

Post by Lowbankclaret » Sun Oct 24, 2021 5:49 pm

cricketfield73 wrote:
Tue Oct 05, 2021 2:16 pm
Hello Lowbank, that's a brilliant offer and thank you so much. I'm sure that we could work something out whereby I could buy your 2 season tickets - providing, as you alluded to, that the club allow it, that is. I could drop you my email and take things from there?
Once again, thanks!
If we can work it out and the club allow it happy to do this,
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Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Thu Oct 28, 2021 6:27 pm

Has anybody received a receipt or forms from the club regarding the selling of their shares ?

lakedistrictclaret
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Re: Shareholders' letter

Post by lakedistrictclaret » Thu Oct 28, 2021 6:31 pm

Claret Till I Die wrote:
Thu Oct 28, 2021 6:27 pm
Has anybody received a receipt or forms from the club regarding the selling of their shares ?
No, not yet, although they did acknowledge my e-mail indicating my intention to sell.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Thu Oct 28, 2021 6:56 pm

lakedistrictclaret wrote:
Thu Oct 28, 2021 6:31 pm
No, not yet, although they did acknowledge my e-mail indicating my intention to sell.
I sent mine in Saturday pm. Hopefully the acknowledgement has been overlooked

Burnley Ace
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Re: Shareholders' letter

Post by Burnley Ace » Fri Oct 29, 2021 3:20 pm

Claret Till I Die wrote:
Thu Oct 28, 2021 6:27 pm
Has anybody received a receipt or forms from the club regarding the selling of their shares ?
At this stage they are just obtaining interest for the sale of shares rather than actioning it straight away.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Fri Oct 29, 2021 3:37 pm

Burnley Ace wrote:
Fri Oct 29, 2021 3:20 pm
At this stage they are just obtaining interest for the sale of shares rather than actioning it straight away.
Must be my mistake then BA, I'll check my letter as I thought it said that a letter would be sent out on the 27th from the company secretary stating the terms of sale.

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Re: Shareholders' letter

Post by ClaretTony » Fri Oct 29, 2021 4:55 pm

Claret Till I Die wrote:
Fri Oct 29, 2021 3:37 pm
Must be my mistake then BA, I'll check my letter as I thought it said that a letter would be sent out on the 27th from the company secretary stating the terms of sale.
Yes, by the 27th. I've not received anything yet.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Fri Oct 29, 2021 5:08 pm

ClaretTony wrote:
Fri Oct 29, 2021 4:55 pm
Yes, by the 27th. I've not received anything yet.
Cheers CT. Thought that was the case but wanted to check.

whentheballmoves
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Re: Shareholders' letter

Post by whentheballmoves » Fri Oct 29, 2021 6:30 pm

I emailed them on Sunday at around lunchtime.
No email or letter from the club since.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Mon Nov 01, 2021 1:08 pm

Still nothing received.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Tue Nov 02, 2021 7:02 pm

Just received an email

lakedistrictclaret
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Re: Shareholders' letter

Post by lakedistrictclaret » Tue Nov 02, 2021 7:13 pm

Claret Till I Die wrote:
Tue Nov 02, 2021 7:02 pm
Just received an email
Me too.

We have to print out a deed, which is sent with the e-mail, sign it in the presence of a witness, and return it by 23rd November. They will send the money by mid-December.

I can see why we have to enclose our share certificate, but why do we need to also send photographic ID? They don't know what I look like.

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Re: Shareholders' letter

Post by Juan Tanamera » Tue Nov 02, 2021 7:16 pm

lakedistrictclaret wrote:
Tue Nov 02, 2021 7:13 pm
Me too.

We have to print out a deed, which is sent with the e-mail, sign it in the presence of a witness, and return it by 23rd November. They will send the money by mid-December.

I can see why we have to enclose our share certificate, but why do we need to also send photographic ID? They don't know what I look like.
I've just received the email and I too don't know why they need photographic ID.
Seems odd.

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Re: Shareholders' letter

Post by gawthorpe_view » Tue Nov 02, 2021 7:23 pm

On the payments page, is 'swift code' the same as sort code?

Top of page 3 'Calver' Vale, poor form to have a spelling mistake on a legal document.

OakworthClaret
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Re: Shareholders' letter

Post by OakworthClaret » Tue Nov 02, 2021 7:31 pm

What if you don’t have a printer or copier

jos
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Re: Shareholders' letter

Post by jos » Tue Nov 02, 2021 7:34 pm

gawthorpe_view wrote:
Tue Nov 02, 2021 7:23 pm
On the payments page, is 'swift code' the same as sort code?

Top of page 3 'Calver' Vale, poor form to have a spelling mistake on a legal document.
A SWIFT code (or SWIFTBIC, as it's sometimes known) is a code that helps overseas banks identify which bank to send money to. For example, if an overseas bank is sending to a payment to your Barclays UK account, they'll need to know our SWIFT code: BUKBGB22.

They seem to have omitted the ‘sort code’ field, I’d include it though.
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whentheballmoves
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Re: Shareholders' letter

Post by whentheballmoves » Tue Nov 02, 2021 8:38 pm

Very much more written in "legalese".
No idea about the photo ID requirement.
Poor form to have spelling mistakes.
Some bits not too clear such as "swift code" and the bit with the name and address under the shareholder's and witness's signatures. Assume it's the witness's name and address and profession which are needed.
All feels a bit rushed to me, unlike the initial, very clear communication.
Still, should be a nice surprise to get just before Christmas...now to think about what to do with my club credit... :o :lol:

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Re: Shareholders' letter

Post by Guitargeorge » Tue Nov 02, 2021 8:59 pm

So, me and IanMcL hold the balance of power! We need to have a shareholders’ meeting Ian to determine future strategy

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Re: Shareholders' letter

Post by mdd2 » Tue Nov 02, 2021 9:09 pm

jos wrote:
Tue Nov 02, 2021 7:34 pm
A SWIFT code (or SWIFTBIC, as it's sometimes known) is a code that helps overseas banks identify which bank to send money to. For example, if an overseas bank is sending to a payment to your Barclays UK account, they'll need to know our SWIFT code: BUKBGB22.

They seem to have omitted the ‘sort code’ field, I’d include it though.
Thanks for that Jos have now amended mine to include Lloyds swift code for Manchester

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Re: Shareholders' letter

Post by ClaretTony » Tue Nov 02, 2021 10:04 pm

Guitargeorge wrote:
Tue Nov 02, 2021 8:59 pm
So, me and IanMcL hold the balance of power! We need to have a shareholders’ meeting Ian to determine future strategy
Or you may be forced into selling your shares at a lower price.

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Re: Shareholders' letter

Post by ClaretTony » Tue Nov 02, 2021 10:05 pm

OakworthClaret wrote:
Tue Nov 02, 2021 7:31 pm
What if you don’t have a printer or copier
Good question - I’ve no working printer now.

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Re: Shareholders' letter

Post by Juan Tanamera » Tue Nov 02, 2021 10:10 pm

jos wrote:
Tue Nov 02, 2021 7:34 pm
A SWIFT code (or SWIFTBIC, as it's sometimes known) is a code that helps overseas banks identify which bank to send money to. For example, if an overseas bank is sending to a payment to your Barclays UK account, they'll need to know our SWIFT code: BUKBGB22.

They seem to have omitted the ‘sort code’ field, I’d include it though.
Forgive my ignorance on these matters jos (do they assume we're all accountants and solicitors?), but is that swift code for all UK banks?
As it happens I do bank with Barclays so should I use that code BUKBGB22?

chipbutty
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Re: Shareholders' letter

Post by chipbutty » Tue Nov 02, 2021 11:06 pm

OakworthClaret wrote:
Tue Nov 02, 2021 7:31 pm
What if you don’t have a printer or copier

Not the most difficult question...
Borrow one, go to the library, use a friend's.
It's for a minimum of £850, you could buy one for less than £50.

OakworthClaret
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Re: Shareholders' letter

Post by OakworthClaret » Tue Nov 02, 2021 11:33 pm

I’m not in work. Can you let me have £50 so I can buy a printer.
I’ll pay you back when I get my £££

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Re: Shareholders' letter

Post by Paul Waine » Tue Nov 02, 2021 11:56 pm

whentheballmoves wrote:
Tue Nov 02, 2021 8:38 pm

No idea about the photo ID requirement.

Some bits not too clear such as "swift code" and the bit with the name and address under the shareholder's and witness's signatures. Assume it's the witness's name and address and profession which are needed.
I'm not a shareholder - and not seen the form.

I'd guess that the photo ID is intended to confirm that the shares are being bought from the rightful owner of the shares and not just someone who claims to be that person. Does it specify what can be photo ID? Passport, driving license (but not old paper one w/out photo), maybe something else which is official and has photo on it?

Again, I'm guessing, I'd expect witness of the shareholder's signature must be someone independent of shareholder - so, not a member of the family. Name, address, profession, therefore will identify the person signing as witness. Again, protects against paying money to someone who isn't the rightful owner.

If anyone doesn't have their own printer it used to be possible, for a small fee, to use a printer in a library or (some) newsagents and, perhaps, a photo store. Maybe there are still internet cafes around, somewhere...

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Wed Nov 03, 2021 6:44 am

When they sent the original email out, a letter was received the following day. Hopefully this will be the same again

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Re: Shareholders' letter

Post by LlandennyClaret » Wed Nov 03, 2021 9:48 am

Anyone else who requested the sale of their share(s) and not received the latest email?

jos
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Re: Shareholders' letter

Post by jos » Wed Nov 03, 2021 1:47 pm

Juan Tanamera wrote:
Tue Nov 02, 2021 10:10 pm
Forgive my ignorance on these matters jos (do they assume we're all accountants and solicitors?), but is that swift code for all UK banks?
As it happens I do bank with Barclays so should I use that code BUKBGB22?
Hi Juan, The above was just an example , if you google ‘Barclays Burnley swift code’ you’ll get BARCGB210CB

Pick your own branch and use that.
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ClaretTony
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Re: Shareholders' letter

Post by ClaretTony » Wed Nov 03, 2021 1:49 pm

jos wrote:
Wed Nov 03, 2021 1:47 pm
Hi Juan, The above was just an example , if you google ‘Barclays Burnley swift code’ you’ll get BARCGB210CB

Pick your own branch and use that.
That’s saved me a job - that’s where I bank
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longhair
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Re: Shareholders' letter

Post by longhair » Wed Nov 03, 2021 1:50 pm

Received e mail all printed out will be posted tomorrow money in bank by mid December had to buy new pc to sort it out couldn't do it from bloody phone :lol:

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Re: Shareholders' letter

Post by ClaretTony » Wed Nov 03, 2021 1:57 pm

jos wrote:
Wed Nov 03, 2021 1:47 pm
Hi Juan, The above was just an example , if you google ‘Barclays Burnley swift code’ you’ll get BARCGB210CB

Pick your own branch and use that.
Update on that - just been online with Barclays and it says the swift code starts BUKB and not BARC.

Claret Till I Die
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Re: Shareholders' letter

Post by Claret Till I Die » Wed Nov 03, 2021 1:58 pm

jos wrote:
Wed Nov 03, 2021 1:47 pm
Hi Juan, The above was just an example , if you google ‘Barclays Burnley swift code’ you’ll get BARCGB210CB

Pick your own branch and use that.
Anyone using Santander in Burnley the code is

ABBYGB2LXXX

No letter received btw

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Re: Shareholders' letter

Post by martin_p » Wed Nov 03, 2021 2:11 pm

Does anyone know is the witness can be just anyone? Can I get the missus to sign mine for example? (although telling her I have £850 coming may be a mistake!)

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