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Page 9 of the AGM book file - Note the R25 033 profit made off the Leagues 2013! Please somebody tell me if I am reading this incorrectly?
where can we find that agm book file?
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Posted

Page 9 of the AGM book file - Note the R25 033 profit made off the Leagues 2013! Please somebody tell me if I am reading this incorrectly?

 

Correcto!

Posted

So now Cyclist will take care of themself - PPA was at the top where they will be in time to come remains to be seen!

 

Wayne Roberts in association with Alex Heward and Carinus Lemmer announced last SAT night that they will be hosting a Spring League this year, which will consist of circuit races of 120km+ with the longest one being 160km. The races will take place over 30-40km circuits. This is a huge step for cycling in CPT and right now is the perfect time for one system to take over another!

 

Old Hellshoogte is where the race goes up next weekend get your climbing legs ready! SHARE this post and support this series

Posted

Page 9 of the AGM book file - Note the R25 033 profit made off the Leagues 2013! Please somebody tell me if I am reading this incorrectly?

 

Just to make sure, are you saying it's a lot or very little? I guess if you compare it to the profit they make from the Argus it's small change.

Posted

No, I think the feeling is that the money generated from pure racing should go back to racing.......no, no, wait.......then it will also be fair to let the money made from fun-riders go back to fun-riders. :devil:

Posted

The AGM is tonight, why not go along and vote for some new people on the Exco if you want change?

 

There are 10 candidates for 6 positions, 5 current Exco members and 2 past members are standing for re-election.

 

I am standing.

Posted

The AGM is tonight, why not go along and vote for some new people on the Exco if you want change?

 

There are 10 candidates for 6 positions, 5 current Exco members and 2 past members are standing for re-election.

 

I am standing.

 

name?

Posted

No, I think the feeling is that the money generated from pure racing should go back to racing.......no, no, wait.......then it will also be fair to let the money made from fun-riders go back to fun-riders. :devil:

the money made from funrides are donated to charities - no profits from these events is channelled back to cycling. it is one of the criteria for hosting a cycling event, u must name your charity.

Posted

Something I wrote to "PPA" some on 02 June 2013 - this team has not got anymore prize money (their entry for the team compertition was R1200 and finishing 2nd to date they have received R1000 - certainly not how the prize money was been advertized) - would this be called fraud?

 

"The 2nd place team has asked me to investigate as they only received R1000 for the team prize in the Elite Cat.

 

Here is the link to al the info quoted:

 

http://www.pedalpower.org.za/road/road7/licensing/

 

Number of teams entered according to team result 10 at R1200 per team Thus R12 000. Rule 16.5 - 80% of this is meant to go back to prize money in the team compertion i.e. R9600 prize money for the elite team competition!

 

Only 3 prizes - how can the 2nd team only get R1000?

 

Here is the ref - if you don't have time to go to the link:

 

The results showing 10 teams!

Teamname Points

 

1. Focus 238

 

2. Smith & Assosiate 233

 

3. Orbea SA 222

 

4. Intellibus 221

 

5. CWC 193

 

6. Complete Cyclist 185

 

7. Spartans 129

 

8. Kinetic 111

 

9. MC2 Alfa Body Works 105

 

10. Velokhaya 23

 

 

 

The entry fee!

 

16. Team competition

16.1 Team entries and entry fees

A minimum of three (3) teams, consisting of between three and five riders per team, is required per age category for the team competition to take place in that age category.

 

Entry forms for the team competition are available on request from leagues@pedalpower.org.za

 

All team members must first enter the league individually, and then complete one team entry form per team. All riders must be riding in the same kit for identification purposes, unless the team boasts the current leader on points, in which case the leader will be wearing the PPA safe cycling jersey.

 

Once the entry form has been completed, please email it to leagues@pedalpower.org.za or fax it to (021) 689-8490 together with the team’s proof of payment.

 

Elite, Junior Men R1 200 per team

Sub-Veterans (30 – 39 Men) R800 per team

Veterans (40 – 49 Men) R800 per team

Racing Women R500 per team

Masters (50+ Men) R500 per team

The statement that 80% Eight percent per cat!

 

16.5 Team prize money

Eighty percent of the team registration fees per category will be used for that age category’s team GC prize money at the end of the season, (see 16.1). Team prize money will be paid via EFT to the team manager following the conclusion of the league. Teams will not be recognised at individual events.

 

Regards"

Posted

Something I wrote to "PPA" some on 02 June 2013 - this team has not got anymore prize money (their entry for the team compertition was R1200 and finishing 2nd to date they have received R1000 - certainly not how the prize money was been advertized) - would this be called fraud?

 

"The 2nd place team has asked me to investigate as they only received R1000 for the team prize in the Elite Cat.

 

Here is the link to al the info quoted:

 

http://www.pedalpowe...oad7/licensing/

 

Number of teams entered according to team result 10 at R1200 per team Thus R12 000. Rule 16.5 - 80% of this is meant to go back to prize money in the team compertion i.e. R9600 prize money for the elite team competition!

 

Only 3 prizes - how can the 2nd team only get R1000?

 

Here is the ref - if you don't have time to go to the link:

 

The results showing 10 teams!

Teamname Points

 

1. Focus 238

 

2. Smith & Assosiate 233

 

3. Orbea SA 222

 

4. Intellibus 221

 

5. CWC 193

 

6. Complete Cyclist 185

 

7. Spartans 129

 

8. Kinetic 111

 

9. MC2 Alfa Body Works 105

 

10. Velokhaya 23

 

 

 

The entry fee!

 

16. Team competition

16.1 Team entries and entry fees

A minimum of three (3) teams, consisting of between three and five riders per team, is required per age category for the team competition to take place in that age category.

 

Entry forms for the team competition are available on request from leagues@pedalpower.org.za

 

All team members must first enter the league individually, and then complete one team entry form per team. All riders must be riding in the same kit for identification purposes, unless the team boasts the current leader on points, in which case the leader will be wearing the PPA safe cycling jersey.

 

Once the entry form has been completed, please email it to leagues@pedalpower.org.za or fax it to (021) 689-8490 together with the team’s proof of payment.

 

Elite, Junior Men R1 200 per team

Sub-Veterans (30 – 39 Men) R800 per team

Veterans (40 – 49 Men) R800 per team

Racing Women R500 per team

Masters (50+ Men) R500 per team

The statement that 80% Eight percent per cat!

 

16.5 Team prize money

Eighty percent of the team registration fees per category will be used for that age category’s team GC prize money at the end of the season, (see 16.1). Team prize money will be paid via EFT to the team manager following the conclusion of the league. Teams will not be recognised at individual events.

 

Regards"

I stand to be corrected but I think the bottom 4 teams are all development & they most likely never paid their full entry fee (if any) like the top half of the table teams did, hence the pay out couldn't be justified, not the teams who finished tops' problem.
Posted

So now Cyclist will take care of themself - PPA was at the top where they will be in time to come remains to be seen!

 

Wayne Roberts in association with Alex Heward and Carinus Lemmer announced last SAT night that they will be hosting a Spring League this year, which will consist of circuit races of 120km+ with the longest one being 160km. The races will take place over 30-40km circuits. This is a huge step for cycling in CPT and right now is the perfect time for one system to take over another!

 

Old Hellshoogte is where the race goes up next weekend get your climbing legs ready! SHARE this post and support this series

 

Wow

 

Awesome

Posted

I stand to be corrected but I think the bottom 4 teams are all development & they most likely never paid their full entry fee (if any) like the top half of the table teams did, hence the pay out couldn't be justified, not the teams who finished tops' problem.

 

PPA has a development budget (quite a large one) from which this entry should then have come. At no point has it been disclosed that development will be subsided by the teams entering - so if a development team won the competition would they have got zero prize money? And prize money then paid out to the 1st paying team - to hide behind "development' here is possibly not the right thing to do!

 

Considering the league according to the budget current stand at R25 033 profit not to mention the money PPA has as an association - if not fraudulent - then certainly not wise to deny your more active members who enter all the event in advance (so not that fortunate if it rain just stay in bed) of a few thousand rand?

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