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Date: 04-11-2010 gif KHIST launch a new fund raiser
In a response to the news that Kidderminster Harriers FC are in deep financial trouble, after having just recently been forced into a boardroom takeover and a last minute tax payment, the Harriers supporters trust, KHIST, have today launched a major new fundraiser with the KHIST 2020 Lottery.

For £1 per entry you can win a first prize of 15% of the takings, a second prize of 10% and third prize of 5%.  If all of the current 350 members of KHIST were to enter and pay £10 pm then that would equate to a first prize of over £500 and almost £2,500 raised for the club themselves.

Read more here:

Following the recent developments at Kidderminster Harriers Football Club the Trust board have been looking at ways of bringing in regular funds to invest in the future of KHFC.  We hold many fundraising activities during the year but given the current situation it was felt that we should step up our efforts and look to contribute even more in these hard financial times.

We therefore are pleased to announce details of a monthly lottery with substantial cash prizes for winners with all funds raised going towards helping KHIST secure the future of KHFC and enjoy at least another successful ten years, hence the name '2020 club'.

The KHIST board will exchange monies for shares in KHFC where possible and agree with the Club what the money is used for and the terms on which it is passed across.  With your help KHIST can raise funds to help Kidderminster Harriers flourish, and to increase supporter influence in the club.  It is hoped that our members will take out a standing order to take part in the monthly lottery and encourage others to do so as the lottery is open to everyone.

How do I join?

Simple.  Choose how much you wish to contribute every month, payable by Standing Order.

Upon payment each member will receive a personal number for each £1 contributed that will be entered into the monthly draw.  The same number(s) will be entered each month upon payment.

Click here to print the PDF of the Standing Order Mandate Form!

Once completed, either pop the form into the KHFC Ticket Office or post to:-
KHIST, 10 Hopton Drive, Kidderminster, DY10 1YP.

How much do I pay?

Each member can contribute as much as they wish per month.  Each chance in the lottery costs £1 but it is hoped our members will contribute a minimum of £10 per month.

How much can I win?

There will be a first prize of 15% of the takings, a second prize of 10% and third prize of 5%.

If all 350 KHIST members took part contributing £10 per month the first prize would be £525, a second prize of £350, third prize of £175 and £2450 would be raised each month for KHIST to invest in our club.

The draw will be made on the 10th of each month at 8pm in the Harriers Arms.

How will winners be notified?

All winners will be notified by KHIST and their names will be published in the newsletter and on the KHIST website.

Frequently Asked Questions

What will KHIST do with the money raised?
KHIST will pass money to the Club when it is satisfied on how the money will be used and in receipt of shares where possible.

Will members have an opportunity to vote on recommendations for spending the money?
KHIST will consult its members through its planned newsletter and website where participants will be able to have their say on how the money made from this project is used.

How long do I have to commit to my payments to the 2020 Club?
We would like participants to commit for the remainder of the season, but there is no legal requirement here.

What is the minimum payment?
Under the legislation governing the lottery, we must allow contributions as low as £1 a month, but we hope that most members will contribute at least £10.

Can fans less than 16 years of age join?
No, legally this is not possible.

If I want to stop my payments to the 2020 Club, how do I do this?
Simply stop the standing order, and inform KHIST so we can update our records.

Is there a penalty for pulling out of the scheme?
No.





RULES

Registration is with Wyre Forest Council

Licence Number - WK/200900383

1. Purpose
1.1 The Kidderminster Harriers Independent Supporters Trust (KHIST) 2020 Club ("the 2020 Club") will be a lottery intended to provide funds for the benefit of purposes determined by KHIST.

2. Legal Status
2.1 The 2020 Club will be registered with the Wyre Forest District Council (WFDC) as a Society Lottery, and will operate under the relevant legislation.
2.2 According to legislation, the maximum value of tickets sold will be £250,000 per annum. The value of a single ticket (or "chance") will be £1.  The maximum value of prizes given in each drawing is limited by legislation to 50% of the value of tickets sold.
2.3 Expenses incurred (other than for prizes) will be kept to a minimum.  All expenses incurred (even when covered by donations) will be recorded.
2.4 Details of draws will be lodged annually with the WFDC as required by legislation.

3. Operation
3.1 The Promoter of the 2020 Club will be a KHIST member appointed by the KHIST board.
3.2 When the Promoter is notified that the 2020 Club has been registered with WFDC, subscription to the 2020 Club will be invited.
3.3 A subscriber will be required to complete a monthly Bank Standing Order in favour of the 2020 Club to the value of an exact number of pounds and to send the Standing Order form to the Promoter.
3.4 To reduce costs, limited physical tickets will be issued to subscribers.  A list of subscribers to each draw and the numbers allocated to them will be available for examination by subscribers before each draw is conducted.  3.5 Draws will when convenient be conducted at 8pm on the 10th of each month in the Harriers Arms with the results published on the KHIST website and other means to be announced.  3.6 There will be three cash prizes in each draw.  The first prize will be to the value of 15% of the prize pool (contributions less expenses).  The second prize will be to the value of 10% of the prize pool.  The third prize will be to the value of 5% of the prize pool.

4. Distribution of Profits
4.1 Profits of the 2020 Club will be used at the discretion of the KHIST Board (but see 4.2 below).
4.2 If the 2020 Club is wound up, all profits remaining after the repayment to subscribers of monies which have not yet purchased tickets in draws will be used at the discretion of the KHIST Board




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