SC Soccer Forums SCSoccer.com Forums Club Soccer & ODP USAMP - Charleston Spring Shootout - no refunds!!!

Clearly no dog in this fight but to be fair, this is no different than Coast FA approach.

This actually will not help their books look better since this is not earned revenue yet and should be recorded as a liability until future time when they 'earn' that income. At best a deferred revenue item that must be managed as a liability on the balance sheet.

USA and Coast approach actually offers less to the club since these organizations swallowed current costs, plus will need to pay for future costs.
JIYSC and SCUFC by holding back admin/current costs and refunding rest actually are in better shape long term and parent value is less.

It does suck for the families that may not benefit from future voucher (for sure).
So I actually do prefer the partial refund as a parent (not looking at it as a club accountant or director)

Look on the bright side, can't imagine a future Surf event will cost less than USA/MP today so you may save a little more.

I keep to myself on most topics on this forum but I have to vent some frustration on what is being done about the USAMP Charleston Spring Shootout that was cancelled due to the virus.

"Unfortunately we are not able to reschedule our event this spring. USA/MP will be covering our upfront funds lost due to our inability to hold the event this spring and are offering all teams a 100% voucher to attend one South Carolina Surf tournament scheduled for Fall 2020 or Spring 2021."

This seems shady to me, guess this is one way to help a club get out of debt and make the books look better.

Sarcasm here, but what happens to that money if no tournaments can be played next Fall, or if even worse there is no club soccer? What happens to those clubs that fold due to this virus?

I believe I read that the SCUFC tournament the same weekend kept some but gave the rest back to the teams and JIYSC gave it all back.