Mart: Sorry not to have replied to this before - but I got rather caught up in the events of yesterday! What you say is correct, and it's an anomoly that has no solution. Club Board members must make any decision in the interests of the company, rather than the Trust - so at the end of the day Club has priority - even if the Chair of the Trust is Chair of the Club (which is the current situation). More worryingly is the appearance of "Associate Directors" who, although they don't have a vote are placed by the Board to give advice about matters of concern to the Club, not the Trust. Thus, the Director who was elected by the Trust to oversee matters financial has been replaced by an associate Director without the Trust (and hence the membership) apparently given the opportunity to elect a new representative from the Trust. This sort of appointment (in my view) tends to reduce the amount of leverage that the Trust has within the Club Board, and going forward could have serious implications for decision making.On a very important point, you mentioned that The Trust runs the club. It doesn’t. It’s subsidiary does. Did I get that right this time?!