European Individual 19th March - 1st April 2012

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Roger de Coverly
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Joined: Tue Apr 15, 2008 2:51 pm

Re: European Individual 19th March - 1st April 2012

Post by Roger de Coverly » Thu Apr 26, 2012 9:08 pm

Paul Cooksey wrote:This is a bit problematic for me. When the CEO asks, "where should we cut costs if we have a deficit?", the international budget is just about the only possible answer, even for someone like me who is happy to see money spent on the Olympiad team. Almost everything else is a fixed cost, that cannot be adjusted at short notice.
There's a cash flow issue as well. The Olympiad is August 2012 whilst the ECF won't know how much income it will get until July 2013.

The ECF's income will depend on whether several thousand individuals decide to become members of the ECF and whether local leagues and counties are prepared to pay the ECF £ 2 per game per non member. By contrast the amount of chess played, according the grading data, is or perhaps was remarkably stable.

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