Originally posted by Jean Hébert
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CFC and the FQE have come to an agreement!
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Re: CFC and the FQE have come to an agreement!
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Re: CFC and the FQE have come to an agreement!
Originally posted by Kerry Liles View Post"Annual fees collected are placed in a trust, earmarked for FIDE-related* expenses, overseen by 50% FQE Trustees and 50% CFC Trustees."
To me, it looks like the money that the FQE would pay to the CFC is to be used to offset the FIDE fees for FQE events... I don't know how those numbers (per person) were computed, but if they turn out to be too high or too low, I imagine they could be tweaked based on actual costs incurred?
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Re: CFC and the FQE have come to an agreement!
Originally posted by Zeljko Kitich View PostAnnoucing the agreement before both parties have ratified it is also not particularly useful
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Re: CFC and the FQE have come to an agreement!
Originally posted by Kerry Liles View Post"Annual fees collected are placed in a trust, earmarked for FIDE-related* expenses, overseen by 50% FQE Trustees and 50% CFC Trustees."
To me, it looks like the money that the FQE would pay to the CFC is to be used to offset the FIDE fees for FQE events... I don't know how those numbers (per person) were computed, but if they turn out to be too high or too low, I imagine they could be tweaked based on actual costs incurred?
Guessing at interpretations is not very helpful at this stage. Annoucing the agreement before both parties have ratified it is also not particularly useful
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Re: CFC and the FQE have come to an agreement!
Originally posted by Jean Hébert View PostThe Governors would be crazy not to go along with it. This is financially a one-sided agreement in favor of the CFC. If the FQE pays 9$/year per adult member and 4$/junior member, it will amount to the FQE serving almost 10,000$ a year to the CFC for the sake of having a few events FIDE rated and a few other minor advantages! I knew the FQE had too much money for its own good, but not that much.
Of course such a "sponsorship" would solve the CFC's financial problems for a while. But even if this goes on and pass, in the long run many aspects of this agreement are quite difficult to implement and certain to provoke mountains of negociations and discussions...
To me, it looks like the money that the FQE would pay to the CFC is to be used to offset the FIDE fees for FQE events... I don't know how those numbers (per person) were computed, but if they turn out to be too high or too low, I imagine they could be tweaked based on actual costs incurred?
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Re: CFC and the FQE have come to an agreement!
[QUOTE=Vlad Drkulec;52208]Originally posted by Larry Bevand View PostThe deal still has to be ratified by the governors but hopefully it will be as we have been divided too long.
Of course such a "sponsorship" would solve the CFC's financial problems for a while. But even if this goes on and pass, in the long run many aspects of this agreement are quite difficult to implement and certain to provoke mountains of negociations and discussions...
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Re: CFC and the FQE have come to an agreement!
[QUOTE=Larry Bevand;52205]An exchange of services between the two organizations has been agreed upon.
You can find the details here:
http://www.fqechecs.qc.ca/cms/sites/...eagreement.pdf
Brilliant. The folks behind this agreement should take a bow - this is real progress and a very good relationship in my opinion.
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Re: CFC and the FQE have come to an agreement!
Originally posted by Larry Bevand View PostAn exchange of services between the two organizations has been agreed upon.
You can find the details here:
http://www.fqechecs.qc.ca/cms/sites/...eagreement.pdf
Another plank is cooperation with the Chess and Math Association and since things seem to be coming to fruition maybe I should include something about a very large lottery win in there as well. :)
The FQE have some very big and exciting plans for chess and chess events in Quebec which will impact all of us if they can be successfully brought forward. I am looking forward to the CFC working with the FQE to bring these projects to reality.Last edited by Vlad Drkulec; Friday, 22nd June, 2012, 02:39 PM.
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CFC and the FQE have come to an agreement!
An exchange of services between the two organizations has been agreed upon.
You can find the details here:
http://www.fqechecs.qc.ca/cms/sites/...eagreement.pdfTags: None
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