HELP

Clubfunder will charge a VAT-inclusive commission of 20% on all ticket sales. This covers banking fees, overheads, VAT, taxes, and platform enhancements to benefit the clubs that use the platform.

After that, you can choose a cash draw or a prize-draw.

Cash-Draw

50% of ticket sales if paid to the winner

30% paid to the club

20% commission

Prize-draw

80% of ticket sales if paid to the club

20% commission to Clubfunder

Prize is sourced, supplied and paid for/donated by the club

It is the clubs responsibility to supply the prize for the draw which gives you the flexibility

In the event of prizes not being honored to the winner, Clubfunder will pay the cash alternative, which is equal to 50% of the ticket sales

The club has 7 days to hand the prize to the winner before Clubfunder intervenes

The potential amount your club can raise through ClubFunder depends on several factors:

Number of Participants: More ticket sales from a larger participant base can increase funds.
Ticket Pricing: Setting optimal ticket prices can influence total earnings.
Prize Appeal: Attractive prizes can boost ticket sales.
Promotion Efforts: Effectively marketing your draw can attract more supporters.

Monthly Recurring Cash Draw

Ticket Sales – £1000 minus 20% commission = £800

£500 prize payout & £300 raised for the club!

Prize Draw

Ticket Sales – £1000 minus 20% commission = £800

£800 raised for the club (note that the prize supply is the club’s responsibility)