Wednesday, 30 December 2009

12th Man wishes everyone a Happy New Year

Having set up the 12th Man Initiative at the start of August 2009, Oxford United Supporters have spent remarkable time and effort in building a fund to help Chris Wilder and Oxford United strengthen the first team squad. The initial target was ONLY to raise £10,000 to help supplement the playing budget.

It is with great pride that as of 1 January 2010 the fund has raised over £24,000, of which £5000.00 secured the signing of Jamie Cook and a further payment due in respect of Onome Sodje's loan wages. The exact amount will be announced once the 12th Man have passed an invoice.

The Process

The process works by the Club Chairman (Kelvin Thomas) applying to the Fund Management Committee, for either a Transfer Fee, Player Wages, a Loan Fee or Loan Wages. The three-man Fund Management Committee is made up of two supporters and Mr Thomas, where the amount is discussed and approved. Payment is then made to the Football Club with receipts being required.

A Contract of Understanding between OxVox, Oxford United Supporters and Oxford United Football Club was signed before the 12th Man Initiative was launched. We will be putting this document in the public domain in the very near future so that everyone can see the thorough terms and conditions which must be adhered to at all times.

We now are entering the January 2010 Transfer Window and the 12th Man Fund is ready to support Oxford United Football Club, Kelvin Thomas and Chris Wilder at this important stage of the season.

We take this opportunity to wish evey Oxford United Supporter and their families a Happy New Year.

12th Man

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