The Structure of the WST and the Constitution in Brief
The structure of the WST is outlined through the key areas of the constitution.
OBJECTS
The Trust's main object is, either itself or through a subsidiary company or society trading for the benefit of the community and acting under its control:
to strengthen the bonds between Walsall Football Club and the local community in Walsall [the community which it serves] and to represent the interests of the community in the running of Walsall Football Club
POWERS
The Trust may achieve these objects in whole or in part through an interest or interests in companies or societies provided that the objects of the companies or societies are consistent with the Trust's objects. In particular the Trust may acquire an interest in Walsall FC Limited or any successor company, and the membership may democratically elect, as required, directors to the Board of Walsall FC Limited or any successor company from the elected members of the Trust Board.
NOT-FOR-PROFIT
The income and property of the Trust shall be applied solely towards the promotion of the objects of the Trust and no part shall be paid or transferred, directly or indirectly, by way of dividend, bonus or otherwise by way of profit, to members of the Trust.
The liability of the members is limited to £1.
However, if the Trust is wound up or dissolved and after all its debts and liabilities have been satisfied there remains any property it shall not be paid to or distributed among the members of the Trust, but shall be given or transferred to:
The recipient will be determined by the members at a meeting called to decide the issue
MEMBERSHIP
Membership is open to any person, firm or corporate body who or which:
Organisations can become associate or affiliate members, but no-one shall be entitled to vote at any general meeting of the Trust who is not a member.
Every member shall have one vote.
ORGANISATION
The powers of the Trust are to be exercised by the members, the Trust Board (or Trustees) and the Executive Board.
THE TRUST BOARD
The Trust Board will meet 4 times per calendar year and will act as a Steering Group for the Trust's activities. The members will democratically elect 6 members of the Trust Board including:
These elected representatives will then co-opt between 3 and 6 members to the Trust Board in order that:
The following people in particular may be co-opted:
Members of the Trust Board will normally serve for periods of 2 years and will not receive any payment for serving on the Trust Board other than the payment of expenses incurred in carrying out their duties.
THE EXECUTIVE BOARD
The Executive Board will oversee the day-to-day business of the Trust in accordance with its stated aims and objectives. It may have the following members:
The members of the Executive Board will be appointed by the Trust Board on terms agreed and approved by the Trust Board. However, these will normally be the officers elected by the members to the Trust Board, i.e. the Chairperson, Vice-Chairperson, Secretary and Treasurer. The members of the Executive Board may be removed by the Trust Board.