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In reply to Post #5
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In reply to Post #1 The difference between the two is that you are much more likely to be confronted when "guesting" a syndicate water if apprehended .
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In reply to Post #3 I think the term “Syndicate” should be relegated to a group of Race Horse owners, in 99.9% of cases when used in a fishing context, it’s a misused term.
Private Water or Private Fishery would be the best term used, as in not just anyone can join to fish the water – unlike Club run waters which have a “Open Membership” and an elected committee decided by the members to run the Club.
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In reply to Post #2 Spot on ,a very good well worded reply ..
And as said ,a lot of people think they are in a syndicate, they are not ,it's a membership system..I've been in a true syndicate ,and it was poor ,very poor. Poor communication..!
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In reply to Post #1 Hi. No they are not the same. A proper syndicate is normally a small group of individuals who either lease or purchase a water. The aim is to run the syndicate on a non profit basis. The cost of the tickets is set to cover the running costs and maintain a small balance. There normally isn’t a committee as such, more often collective decision making and generally the number of members is limited. For instance the syndicate I’m in has 40 members and cost £120 a year.
A club can be open access or limited numbers, but generally it’s structure is set up differently. The decisions are taken by an appointed committee. Generally syndicates will only have one venue but clubs may have many waters which comprise the ticket.
There’s lots of people out there running waters as businesses. Bloody good luck to them. But they are not syndicates, despite what the ticket holders might think as they have no actual stake in or control of the water. That is down to the owner.
Another one to consider is angling society. This is more of a legal term. For instance a lot of clubs cannot secure large loans or mortgages on properties. As quite rightly the banks ask, who’s actually going to be responsible for paying this back? We could lend you the money and then you all resign from the committee next year and say it’s not my responsibility. So angling societies are means of the bank lending to an entity not an individual. So they could legally recover debts against the property and assets. You’ll find a lot of clubs have become societies if there is a chance that they might be able to purchase the water in the future. I’m not 100% sure but I think societies must also appoint an external accountant and have a set of audited accounts each year.
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Can someone tell me what the difference is please? Or are they the same?
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