What is Beard Tax? In September 2016 some Tudors Supporters Club members discussed the possibility of starting a “budget boosting” scheme, with an aim of contributing financially to Hemel Hempstead Town FC and improving the clubs opportunities to sign key players. A brief chat between TSC committee members ensued and some fans opinions were canvassed – and the TSC hastily arranged an initiative (which was nicknamed “Beard Tax” due to the clubs links to King Henry VIII and his own fund raising initiative!) for fans to collectively sponsor specific signings.
How has it worked so far? The TSC has used Beard Tax funds to sponsor a Hemel Hempstead Town FC Player, with the funds we generate supporting efforts to secure the signatures of new players. In total since the scheme has been running, we’ve raised in excess of £6,500 for Hemel Hempstead Town FC.
What are the plans moving forward? Aside from sponsoring players, we will also consider contributing to other Hemel FC costs in an attempt to relieve financial burdens on the club so greater focus can be applied to the playing budget.
How can fans get involved? We have had a generous group of fans currently involved in the scheme, however we’re keen to have new members join in. The “Beard Tax” initiative was set up with the hope that fans who pledge to donate funds, do so with commitment for the remainder of the season. The amount of funds fans contribute individually is discretionary; contributions of any value are considered to be very generous and we want to avoid a situation of any fans feeling obliged to participate – whilst it’s preferable for fans who pledge to see it out for the whole season, any fans who feel they cannot afford to continue contributing or simply just don’t want to, can cease their involvement without any pressure from the TSC.
How are the funds be managed? Beard Tax is banked in the TSC account, with the agreed player sponsorship contribution paid to Hemel FC. Whether you agree to pay weekly, monthly or up front – your payments can be by any means you prefer. The TSC can accept payments by BACS, PayPal, contact the TSC for relevant details; for BACS we will provide you with the relevant account info. The TSC Committee manages the Beard Tax scheme and will make relevant decisions about how the scheme is run.
Other Fundraising: It is not the current intention of the TSC to conduct fundraising activities specifically for the Beard Tax. Establishing new fund raising initiatives to subsidise fans away travel remains our priority and the Beard Tax budget boosting scheme will run solely on donations at this stage.
For enquiries, including existing contributors and fans interested in joining the scheme, please email firstname.lastname@example.org