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New Club House
scheme - independent website launched today
Over the years I have found V8 enthusiasts tend to be a reasonably
shrewd and well informed group, often with technical and commercial
experience. Over the last 15 months many V8 members have spoken
with me at Club meetings or over the telephone and the phrases I
hear time and again are "what is going on with this new Club
Office project?" or "I cannot see how such an enormous
place can be necessary" or "why are Club members not kept
better informed with more consultation?" or "can the Club
really afford such a costly scheme?" together with various
comments about the design which most members feel is not suitable
for the Club and certainly not suitable for the present Club Office
location. Frankly as someone who has observed the process, initially
as a Trustee of the Douglas Mickel Trust (the owners of the freehold
of the present Club Office and the Club's landlords), but since
my retirement from the DMT last week, as a Council Voting Member
for the V8 Register, I have been horrified by what I have seen -
or in the case of proper project appraisal information - not seen!
Some of you know
that I have been involved in project development and finance of major
projects for much of my career and earlier in construction, so I have
a reasonably good understanding of how projects should be assessed
at an early stage with an initial project appraisal, the need for
a total project costs budget, a proper funding plan so the scheme
can be shown to be fully funded, and of course evidence that the project
sponsor can afford the scheme and any commercial debt service commitments.
Since July 2004 I have seen the management of this scheme was poor,
and in many ways amateur, but since August 2004 the danger signs have
been growing. I have been Vice Chairman of the Club during two periods
when we had to bring the Club back from the brink after very serious
financial messes had been created by two Chairmen and their fellow
directors, so I feel I can see the danger signs. As a longstanding
member I have been caught between two feelings - first to protect
our fine Club from adverse publicity but second to try and avoid another
financial mess. I have to say all attempts at trying to help the present
Chairman and his team have been met with not only a reluctance and
disdain, but unpleasant hostility at times. |
Over recent
months a group of longstanding Club members has seen that the
management of the New Club Office project is close to a "mystery
tour" heading for the long announced release of a
full information pack to Council members when a formal decision
would be made. One hopes that information pack might be sufficiently
detailed and complete to enable Council Voting Members to make
an informed assessment of the scheme before voting at the forthcoming
AGM on 15th October 2005. From what I have seen so far it is unlikely
the information will be complete and I fear for the outcome. The
serious lack of information released to Council members (and members
generally) over the last 15 months that this scheme has been under
preparation has been wholly inadequate - in fact in material terms
virtually none of the information necessary to check the justification
for the large floor space, or assess viability and affordability
has been released. On top of this we have found the Chairman has
been blocking articles and letters sent in for publication in
Safety Fast! which have any comments or views which are
critical of the their scheme. That is unacceptable in a members'
club like ours.
So finally the
group of Club members felt they had to act and issued a letter
to the Club Chairman a week ago demanding an end to that censorship,
failing which an independent website would be established to provide
good quality information with analysis and comment so Club members
would be better informed. No response was received to that letter
so the website was launched earlier today. Through the Members'
BB here you are now able to express your views for or against the
scheme and the way it and the Club are being managed. The new website
has been designed for both the casual browser and for those who
want more substantial information. Most V8 members will fall into
the second group so do let me know what you feel on the serious
issues covered on the website. (25.6.05)
Victor Smith
Visit the new website providing independent
information on the Directors' New Club Office scheme and two available
alternative schemes.
New
website
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