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Thread: How does the FAI plan to get all clubs debt free?

  1. #21
    Like the Fonz. Only a dog. Mr A's Avatar
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    I don't think there are any licensing rules on the setting of budgets. There are rules like the wage cap that can be applied retrospectively, but I'm not aware of anything with regard to budgeting.

    Like I say- I generally agree that the FAI need a to assume a greater role and need to be a lot tougher.

    But clubs are always likely to comply with the letter of licensing rather than the spirit of it until such time as there is a true sea change in attitudes.
    #NeverStopNotGivingUp

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    Quote Originally Posted by pineapple stu View Post
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    Quote Originally Posted by Mr A View Post
    I don't think there are any licensing rules on the setting of budgets. There are rules like the wage cap that can be applied retrospectively, but I'm not aware of anything with regard to budgeting.
    It could be a lack of sleep causing my mind to play tricks on me, but I thought several clubs had budgets rejected this season and were told to come back with revised budgets. Last season they wanted guarantee's (non-binding naturally) from benefactors if they were putting money in to support the budget. My understanding was that this was under the financial aspects of Licencing.
    If you attack me with stupidity, I'll be forced to defend myself with sarcasm.

  4. #24
    Like the Fonz. Only a dog. Mr A's Avatar
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    Yeah, the FAI looked at budgets, but ultimately clubs could choose to ignore that. Several did. One would assume that this is likely to catch up with them at some point.
    #NeverStopNotGivingUp

  5. #25
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    Quote Originally Posted by Mr A View Post
    Yeah, the FAI looked at budgets, but ultimately clubs could choose to ignore that. Several did. One would assume that this is likely to catch up with them at some point.
    I thought it was compulsory, hence the back and forth with Sligo. However, if you're right, a simple change to make the approval of budgets part of the licence would be an immediate improvement. Any benefactor "donations" that make up part of the budget should be made as a bond held by the FAI (which can be released through out the season direct to the club).
    If you attack me with stupidity, I'll be forced to defend myself with sarcasm.

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