Page 10 - RFU Club Benefits Guide 2017/18
P. 10

FUNDING FOR YOUR CLUB                                                                                                                                                                                FUNDING FOR YOUR CLUB






          The Rugby Football Foundation                                                                                          The Rugby Football Foundation                          Emergency Funding
          Interest Free Loans                                                                                                    Green Deal Interest Free Loans                      An emergency is any unforeseen act upon a club facility

          RFU voting member clubs playing at Level 3 and below                                                                   RFU voting member clubs playing at Level 3 and below   that renders the club unable to operate as a rugby club
          can apply for an interest free loan of between £5,000                                                                  can apply for an interest free loan of up to £20,000 to   or to fulfil its business commitments. Such emergencies
          and £100,000, repayable over a period of up to 15 years, to                                                            enable them to install facility solutions that reduce utility   may be severe weather conditions resulting in flooding
          make improvements to facilities supporting the retention                                                               costs. The loan repayments are then based upon these   or wind damage to club facilities, damage from fire, theft
          and recruitment of players.                                                                                            projected utility savings.                          or vandalism, an outbreak of foot and mouth disease or
                                                                                                                                                                                     some other infectious disease, or pollution resulting in
                                                                                                                                                                                     the postponement of matches and resultant financial
                                                                                                                                                                                     hardship for clubs. An emergency situation may affect
             HOW?                                                                                                                                                                    a number of clubs in a given geographic area or an
             Complete the RFF Stage One Interest Free Loan                                                                          HOW?                                             individual club may be subject to one of the
             Application Form, and submit it with a copy of                                                                         Complete and submit the RFF Green Deal           emergencies outlined.
             your club rules, project design drawings (scale                                                                        Stage One Interest Free Loan Application Form,
             1:100 if clubhouse), detailed QS estimate of           Apply for an                                                    underpinned by an independent, accredited
             project costs, latest three years’ annual accounts,                                                                    energy survey.                                       HOW?
             five year cash flow forecast, details on any                                                                           Clubs should also evidence the no cost/ low          Both voting and non-voting member clubs
             existing debt secured against the property, and        interest free                                                   cost improvements that they have already             affected by emergency situations can apply for
             evidence of tenure for a period at least matching                                                                      implemented and the impact of those improvements.    emergency capital funding to assist the club in
             the loan requested.                                    loan of between                                                                                                      the short to medium term. Grants or loans of up
             At stage two, provide a club plan demonstrating                                                                        WHEN?                                                to £5,000 can be made available.
             retention and recruitment plans, support for the       £5,000 and                                                      All year round.
             project from your Constituent Body, planning                                                                                                                                WHEN?
             permission, three tenders, tender appraisal and                                                                        WHO?                                                 As soon as you experience an emergency check
             evidence of partnership funding to achieve the         £100,000,                                                       Contact your local AFM or CB Facility                immediately with your AFM to discover whether
             total project cost.                                                                                                    Co-ordinator on page 9.                              you can access this funding, detailing any
                                                                    repayable over                                                                                                       damage and the impact on club activities,

             WHEN?                                                                                                                                                                       whether the affected items are insured and the
                                                                    a period of up                                                                                                       operating as repairs and insurance claims are
             All year round.                                                                                                                                                             short- term measures required to keep the club

             WHO?                                                   to 15 years.                                                                                                         processed. Help will be available a week from
                                                                                                                                                                                         receipt of the full data.
             Contact your local AFM or CB Facility
             Co-ordinator on page 9.                                                                                                                                                     WHO?
                                                                                                                                                                                         Contact your local AFM as listed on page 9.







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