Season ticket idea

I’m not sure how legal the idea is but I can imagine the absolute ballache and admin nightmare of refunding it all.

Not sure on the clubs business account dealings with the bank but each transaction may incur a charge which would negate any interest (particularly with base rate as it is at the moment)

One thing that the EFL are surely going to have to change is the broadcasting rights for people within this country.

In the climate we're facing, I completely agree that this is necessary.  Income is going to be decimated still for the foreseeable future, all potential income avenues need to be explored.  I don't envy whoever has to come up with a system that's fair and in the best interests of everyone.

Quoted from aldi_01

I’m sure this is almost money laundering?

I mean nice idea but I’m pretty sure it would 100% be illegal...

Absolutely not money laundering - laundering is putting cash gained by illegal activity (usually selling drugs, but not exclusively) back into the banking system so making it legitimate. The suggestion here is open and involves the banking system being used with all party's agreement.

I don't see how the suggestion would be in any way illegal. If it's fully explained and people enter into the agreement with the club after being given the full facts it sounds legal.

The only issue of legality already exists, Town are pushing the outer limits of the Trades Descriptions Act by suggesting that football at Blundell Park is in some way entertainment.

Played golf with a Wycombe fan this morning. They offered him a refund when it became clear fans wouldn't be allowed in but he declined.
The automatic renewal apparently happened even before they knew they were in the play offs and prices went up 49%. Said if he'd known that he'd have taken the refund!

Quoted from jamesgtfc

I don't see how this concept is illegal? There are T&C's within the season ticket that gets the club out of paying a refund. I believe Scunthorpe tried to hide behind that.

Maybe the way Luke worded it makes it appear dodgier but he is essentially saying that income shouldn't be spent and should be put to one side as cash in the bank for a rainier day.

I think it's a good idea. The club sells tickets and offers fans a refund or credit on any they can't get to. There was a post last night about Lincoln planning to ballot seats with those unsuccessful getting a free match pass for iFollow and a credit to be used against a season ticket next season. Same concept except the customer doesn't physically get the money back in their hand.

So if the club arent going to spend it just what is the point in them having it in the first place ?

The club wont sell any on the point of principal that there is currently "nothing" to sell anyway and also as has been said it would be an administrative nightmare sending the cash back....not to mention the amount of tippex and rubbers the girls would need to remove all the names from the exercise book.

Someone would have to be buying a lot of season tickets to make this a viable money laundering operation ?!!