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Dear County Treasurers Back in April when the EBU launched Virtual Clubs on BBO the agreement with BBO was that they were currently charging a fee of only 30% compared to their normal fee of 50% and that at some point this would change. The EBU have now been told that as of 1st July BBO will be increasing their fee to 40% with a further increase to 50% as of 1st September. There are a couple of small adjustments which means that the percentage of royalties each virtual club will receive will be just over 60% during July and August and just over 50% from September onwards. UMS will be payable to the EBU from the money the club receives. Should you have any questions regarding the above, please contact jonathan@ebu.co.uk. Kind Regards Sam Samantha Kelly |
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