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Thread: BASC. An investment idea?

  1. #1

    BASC. An investment idea?

    Surely this has to be a better idea than keeping all that cash in the bank?

    http://www.bbc.co.uk/news/business-23792583



  2. #2
    I don't want to speak for the BASC employees on this site, but I know that there's quite a strong tendency now within the organisation to try and use some of the cash in the bank for a programme of land acquisition to ensure access to places to shoot, in the same way as some wildfowling clubs have been doing for years. There are also those who oppose this use of the money for reasons that don't make a massive amount of sense to me.

  3. #3
    I think Richard Ali has seen the light as well. It's a shame Swifty couldn't/wouldn't see the light years ago.

  4. #4
    If BASC is to become an investment vehicle, then members should be receiving dividends annually.

  5. #5
    The decision rests with the elected Council of BASC and I know its a topic of discussion at the moment.

    Always remember there is also with WHT grants and loans too which are available to clubs to use to buy land for shooting and conservation projects. The land in these cases remains in the hands of the club of course.

    Just a thought, but is it not better for BASC to work with its members to help them find secure and develop shooting, rather than spending say 2m buying a farm that will only give shooting access to a relatively small number of members?

    Personally I am open minded but would err towards whatever is best for helping the majority.
    David

  6. #6
    Quote Originally Posted by David BASC View Post
    Personally I am open minded but would err towards whatever is best for helping the majority.
    David
    Well great things have small beginnings... But I'd say that the single biggest threat to shooting of all kinds over the long term isn't firearms legislation or public opposition (I think that we'll eventually come to a mutually acceptable compromise on much of this stuff), it's loss of access to places to shoot and indeed loss of habitat which could make shooting unsustainable. Shooting isn't the most economically viable use of most land in the big picture, so in the end, the only way of ensuring that it remains used for shooting is to own it. Having it owned by one or several bodies dedicated to helping their membership to access shooting, starting with young people and newcomers, and those of more limited means, would make shooting not only seem less elitist, but actually be less so. Everyone wins. Except for those who want to hog all the shooting for themselves.

  7. #7
    2m of woodland for high seat shooting though.... and when there's munties hell yeh, I'd join for that

  8. #8
    Quote Originally Posted by Pine Marten View Post
    but I know that there's quite a strong tendency now within the organisation to try and use some of the cash in the bank for a programme of land acquisition to ensure access to places to shoot,
    Of course, you wouldn't need to acquire the land, only the shooting rights - you could even buy the land, then sell on without the rights.

    Perhaps targetting estate owners who are likely to hand land over to charitable purposes like the national trust to avoid death duties etc might be a viable proposal - you could even hand the estate to the NT, and the shooting rights to BASC to ensure that shooting continued in perpetuity, given the landowners whose wishes were shafted over on NT land in the past?

  9. #9
    Quote Originally Posted by Labrat View Post
    Of course, you wouldn't need to acquire the land, only the shooting rights - you could even buy the land, then sell on without the rights.

    Perhaps targetting estate owners who are likely to hand land over to charitable purposes like the national trust to avoid death duties etc might be a viable proposal - you could even hand the estate to the NT, and the shooting rights to BASC to ensure that shooting continued in perpetuity, given the landowners whose wishes were shafted over on NT land in the past?
    ​Excellent idea.

  10. #10
    Yes I take your point, and I could not agree more that getting formal shooting rights is the way to go to protect our access to shooting. It may well be that BASC buying some land will be part of the mix, but at the same time we would always encourage our members to make sure they have a shooting lease and if they want any help with that they can call on our land management team.
    David

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