New Fishing Club in southeast KY

[BuckhrnBasser]

I am considering trying to start a fishing club beginning in February 2012 and was curious on whether or not any one on here would be interested. Would fish Laurel lake, Douglas lake, Cherokee, Wood Creek lake, Lake Cumberland, and Dale Hollow lake, with a fish off at the end of the year with 80% payout in cash and the rest in prizes at every meet, and any fees that would occur (tourney permits, ins. etc). The fish off would pay 100 % minus any type of fees it would cost to have. A 1 time 50.00 fee would be required ( which 40.00 of it would go toward fish off and the rest would go toward any fees and toward prizes) If any one would be interested or if you have any questions just shoot me a p.m. I am not wanting to profit any off this just have some good fishing days and nights lined up.

I would be intersted if Payback was 100%.

[bassfish606]

it is only in the early stages of planning it. I am considering many different options. My concern is I don't want to go in the hole by buying the special use permits and required ins plus donatiing my entry fee to who ever wins. I am also considering doing a 90 percent payout and then what ever is left after any fees putting the rest toward the end of season fish off. But if things go the way I am hoping it may be very possible to do a 100 % payout if the ins. and special use permit can be covered by a small membership fee. That would be the best scenario.

[Procraft Cat]

I would be interested as well. Keep us up to date.

[bassfish606]

Do any of you guys know how much the tournament fishing permit cost and if there are any type of ins. required. Call the london ranger station and they have not called me back. But if all could be covered by any type of membership fees then the payback will be as follows:
30.00 entry fee per boat with 5.00 per boat going toward end of year fish off and paying out the rest at tourny's and like a 5.00 per person big fish wich would be optional. And then the end of year fish off would pay out 100 % while the 5.00 per boat going toward that also and what ever would be left over from 50.00 membership fee after all permits and ins. going in the pot also. I will keep the receipts to show any one on how much the permits and ins. cost so no one will think that I am pocketing any money. If this sound's better please shoot me a pm and I can respond back too any one with in a couple of hours or so.

[Jbyrd]

it is only in the early stages of planning it. I am considering many different options. My concern is I don't want to go in the hole by buying the special use permits and required ins plus donatiing my entry fee to who ever wins. I am also considering doing a 90 percent payout and then what ever is left after any fees putting the rest toward the end of season fish off. But if things go the way I am hoping it may be very possible to do a 100 % payout if the ins. and special use permit can be covered by a small membership fee. That would be the best scenario.

ALMOST ALL of the events around here if you are running the event you fish for free. You shouldn't pay an entry. That is accepted practice on cumberland it is for the hard work and HEADACHES of putting on the event.
Also just keep 10 percent and say that goes toward the fish off after expenses which translates into 100% payback .....