CFC and the FQE have come to an agreement!

[Kerry Liles]

Re: CFC and the FQE have come to an agreement!

Imagination does not count when it comes to interpret a written agreement. FIDE related expenses will mean anything loosely related to FIDE, including and first of all expenses of national teams going to olympiads. With a contribution of 10000$ a year, FQE members will end up paying for most of these expenses by themselves. As I said, governors, jump on it as fast as you can, unless you don't want it to appear too good to be true to the other party. You won't find a better deal anywhere.

Ok. I doubt that pdf file was the complete written agreement. I guess I'll wait to see what the actual agreement turns out to be. I am not a Governor (nor even a paid-up CFC member at this point) so I suppose more information will be forthcoming later - most likely after it has been agreed...

[Jean Hébert]

Re: CFC and the FQE have come to an agreement!

"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?

Imagination does not count when it comes to interpret a written agreement. FIDE related expenses will mean anything loosely related to FIDE, including and first of all expenses of national teams going to olympiads. With a contribution of 10000$ a year, FQE members will end up paying for most of these expenses by themselves. As I said, governors, jump on it as fast as you can, unless you don't want it to appear too good to be true to the other party. You won't find a better deal anywhere.

[Jean Hébert]

Re: CFC and the FQE have come to an agreement!

Annoucing the agreement before both parties have ratified it is also not particularly useful

Shouldn't members be informed about it before it is ratified ? And discussed before it is ratified ?

[Zeljko Kitich]

Re: CFC and the FQE have come to an agreement!

"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?

How are you interpreting that it is only FQE FIDE related expenses. It does not say that and the footnote indicates as examles events that would be both FQE/CFC such as Olympiads etc.

Guessing at interpretations is not very helpful at this stage. Annoucing the agreement before both parties have ratified it is also not particularly useful

[Kerry Liles]

Re: CFC and the FQE have come to an agreement!

The 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...

"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?

[Jean Hébert]

Re: CFC and the FQE have come to an agreement!

[QUOTE=Vlad Drkulec;52208]

The deal still has to be ratified by the governors but hopefully it will be as we have been divided too long.

The 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...

[Kerry Liles]

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.

[Vlad Drkulec]

Re: 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.pdf

The deal still has to be ratified by the governors but hopefully it will be as we have been divided too long. Interesting is that this type of cooperation was a plank in the long term vision and it will be a fait accompli (if everything goes well with the governor approval) shortly after the ink on the long term strategic plan is dry.

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.

[Larry Bevand]

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