Cork City denied a licence; club to be wound up; FORAS to enter First Division

[Rovers1]

Roddy was just on Newstalk talking about car parks, tuned in late so maybe I'm missing the point totally. WTF though?!

[A face]

Roddy was just on Newstalk talking about car parks, tuned in late so maybe I'm missing the point totally. WTF though?!

Missed this as well, any update on what was said people? Is this online?

[Rovers1]

Missed this as well, any update on what was said people? Is this online?

I think it was a motoring show. Doubt there was much CCFC stuff talked about.

[razor]

From todays Examiner

TIME is running out to save top-flight football on Leeside, as Cork City face into a make or break few days for the club.

With the consortium represented by the Quintas Group having withdrawn from takeover talks, it’s understood that a Britain-based group remains in contention to buy the club.

However, with some sources now putting the club’s debts at over €500,000 ahead of next week’s dual deadlines of the FAI club licensing awards and a High Court hearing of a winding-up petition by the Revenue Commissioners, City’s future hangs in the balance.

"We’re working diligently to get something sorted in the next 48 to 72 hours," said owner Tom Coughlan yesterday. "There are a number of parties interested in taking over; we’re doing everything we can to get people over the line."

Coughlan, who has become the focus of criticism for the club’s plight, insisted his "primary focus is to save the football club."

He added: "I’ve put in, in excess of €1million of my own money into the club and there’s no question of me getting it back. What’s important now is that the people who do come in have the wherewithal to move the club forward."

Former captain Dan Murray, who made his debut for his new club Shamrock Rovers in a friendly against Shelbourne on Saturday, says that not only the city of Cork, but the League of Ireland as a whole, needs top-flight football on Leeside.

"Cork city needs football and League of Ireland football, hopefully Premier Division football," said Murray. "It’s a massive town and it loves its football. The supporters are great and you get some great crowds down there.

"But it needs a clean slate and fresh ideas. It needs FORAS, the supporters’ group, to get involved, probably with some local businessman, who can give it a right go. That’s what it needs. It needs a fresh start and for the supporters to be a big part of the club. It’s hard for everyone as no-one wants to be in that situation. It’s been difficult for the players and the manager. I just hope everything gets sorted out for the club and there is football in Cork because it would be a massive shame for the city and the league if there was no Cork City in there."

Mackey has gone seriously down in my estimation by giving Coughlan a method in which to peddle his lies
I haven't read such lies since the last time Coughlan was interviewed.

Coughlan is only interested in lining his own pockets before he makes for the exit door.

[tiktok]

Coughlan is only interested in lining his own pockets before he makes for the exit door.

I'm going to try and track down quotes from him over the last six months or so.

He's gone from investing €400,000 to over €1,000,000 in no time at all [I don't know where he's investing it though because people still are owed wages], it's a shame that the journos, especially in and around Cork at the Examiner, Echo, Trevor Welch are so weak and slow to challenge anything he says.

If he's invested €1,000,000 since he took over
Add €150,000 for winning Setanta Cup
Add €100,000 for Kevin Doyle's sell on Clause
Add €130,000 for Denis Behan And Colin healy Transfer fees
Add €220,000 that Michael O'Connell gave him in the High Court

Now, take the €1,600,000 above and factor in money that was spent/has a cost but is not paid
Add €115,000 currently owed to the revenue
Add the according to Liam Mackey in that article the {very very conservative] €500,000 of assumed debt that is owed to a varirty of creditors
[which include Colin Healy, Gareth Farrelly, Alan Mathews etc., etc.]

Now take that €2,215,000 and look at the figures we haven't factored in yet

Add all the sponsorhip money that has been brough in from Hummel, Evening Echo, Beamish, Red FM, Player Sponsorship, Programme Ads, matchball sponosrship which did not come from Tom yet has been spent.
Add in enery penny taken at the gate over the course of the entire season and the money from all season tickets
Add in every penny made in merchandising, add in friendly games against Ipswich and Celtic
Add in participation money from the FAI, Add in prize money
Add in the rent paid by the Burger shops, Coffee sellers and sweet stalls

Add the whole ****ing lot up and you're looking at a club [if Coughlan's claims are true] that must have spent well in excess of €3,000,000 in 14 months since examinership only to end up with a chairman banned on a disrepute charge and a holding company facing it's third winding up order.

For all of you lurking journalists who pop in here for your news and scoops, how about someone grows a ****ing pair of balls and asks Coughlan a toguh question for once.

[razor]

For all of you lurking journalists who pop in here for your news and scoops, how about someone grows a ****ing pair of balls and asks Coughlan a toguh question for once.

Sometimes I think its just cowardice but I think now they just don't give a damn.

Liam still hasn't responded to my email the last time he fawned all over Tommy in the Examiner.

[weecountyman]

I'm going to try and track down quotes from him over the last six months or so.

He's gone from investing €400,000 to over €1,000,000 in no time at all [I don't know where he's investing it though because people still are owed wages], it's a shame that the journos, especially in and around Cork at the Examiner, Echo, Trevor Welch are so weak and slow to challenge anything he says.

If he's invested €1,000,000 since he took over
Add €150,000 for winning Setanta Cup
Add €100,000 for Kevin Doyle's sell on Clause
Add €130,000 for Denis Behan And Colin healy Transfer fees
Add €220,000 that Michael O'Connell gave him in the High Court

Now, take the €1,600,000 above and factor in money that was spent/has a cost but is not paid
Add €115,000 currently owed to the revenue
Add the according to Liam Mackey in that article the {very very conservative] €500,000 of assumed debt that is owed to a varirty of creditors
[which include Colin Healy, Gareth Farrelly, Alan Mathews etc., etc.]

Now take that €2,215,000 and look at the figures we haven't factored in yet

Add all the sponsorhip money that has been brough in from Hummel, Evening Echo, Beamish, Red FM, Player Sponsorship, Programme Ads, matchball sponosrship which did not come from Tom yet has been spent.
Add in enery penny taken at the gate over the course of the entire season and the money from all season tickets
Add in every penny made in merchandising, add in friendly games against Ipswich and Celtic
Add in participation money from the FAI, Add in prize money
Add in the rent paid by the Burger shops, Coffee sellers and sweet stalls

Add the whole ****ing lot up and you're looking at a club [if Coughlan's claims are true] that must have spent well in excess of €3,000,000 in 14 months since examinership only to end up with a chairman banned on a disrepute charge and a holding company facing it's third winding up order.

For all of you lurking journalists who pop in here for your news and scoops, how about someone grows a ****ing pair of balls and asks Coughlan a toguh question for once.

tiktok, I find you'll discover the million euro lie began when Roddy was panhandling for the job, he repeated it ad nauseum over the airwaves when he was trying to secure his contract and ever since. I know it sounds mad, but suddenly the price of the club skyrocketed due to these claims and the "interested parties" began to appear more numerous - which shouldn't be the case. Cork City is a broke, down on its luck club with European football, the Setanta cup and large, loyal firm fanbase. So looking at it analytically, it's an undervalued asset - but worth nothing and needing half a million to pay off existing debts. Tom can sell the debts off for €1 (including all his claims to the club) once a new investor commits to paying off what is owed (and I'm pretty certain some of the debtors will show goodwill to the right person).

Now look at the money that will come in at the gate, from UEFA, RTE, the FAI, Setanta, sponsors and concessions, and you have a half a million war chest to kick off the season with. This is what Tom has been hoping for, but he wants to keep control of the club and keep trousering cash. It will be very interesting to see how much in loans were taken out of the company. And how can Roddy be paid €500 a week plus his expenses when nobody else seems to be paid. It just doesn't add up. I hope FORAS can take it on and get into the 1st Division at least.

[yiddo]

From todays Examiner

Mackey has gone seriously down in my estimation by giving Coughlan a method in which to peddle his lies
I haven't read such lies since the last time Coughlan was interviewed.

Coughlan is only interested in lining his own pockets before he makes for the exit door.

Gave up on Mackey after his "The worst is over" lickfest last September!

[razor]

but worth nothing and needing half a million to pay off existing debts.

some are saying the debt is nearer Tommys magic million figure.

[Martinho II]

I think Bray may have reservations about going back up for this season. They'd have no time to get a decent squad together and it'd likely be a lot tougher to finance a Premier campaign especially if you're doing very badly.

That would remind me longfordian of the time at short notice Waterford Utd were told they were stayin in the top flight in the 2007 season .. I belive from recollection that they got two weeks notice that they were going up..

[weecountyman]

some are saying the debt is nearer Tommys magic million figure.

I heard that exact same figure too, but that the balance is made up of Directors loans or "expenses". There was a complete mess when Tom came in, but he made it far worse. He added more to the wage bill, fell out with too many people and was too arrogant to accept he needed steering. What will be sadder still is that he'll still get a licence for the Premier, himself and his crew are way too litigious to allow the LOI/FAI do anything but.

[dong]

"TIME is running out to save top-flight football on Leeside, as Cork City face into a make or break few days for the club."

How many times have we read this over the past year?
With Coughlan, every day is a make or break day. The problem is it's break every time.
I'll give him this much, he has a thick skin.
What a joke.

[razor]

What will be sadder still is that he'll still get a licence for the Premier, himself and his crew are way too litigious to allow the LOI/FAI do anything but.

Will you stop saying that.
The only way I can see it happening is without Tommy.

[weecountyman]

Will you stop saying that.
The only way I can see it happening is without Tommy.

Sorry Razor, I just have a feeling of dread. All going well the courts will do their job and wind up the company, thus getting at least one batch up bad eggs out of the league (another if you count Derry's n'er do wells).

I know everyone is complaining about how the Irish media are giving Tom and Co an easier than acceptable time, but the community is so small that no one wants to rock the boat because of the "what if" factor - ie what if it's my shower next? On top of that everyone is afraid of being ostracised (in such a small circle it's a death) and on top of that the headers in Cork will not go gently into the good night. Look at what Roddy was given free rein to do with his current employers (I don't think he's been released from his contract yet in Malta) and it went totally unchecked without any coment allowed to the Maltese, even their statements were rubbished in the media. So all we can do is cross our fingers and hope justice has her blindfold on!

[bluemovie]

That would remind me longfordian of the time at short notice Waterford Utd were told they were stayin in the top flight in the 2007 season .. I belive from recollection that they got two weeks notice that they were going up..

Yeah we got 2 weeks notice. It was one of those ones where we were glad to still be in the Premier, but weren't prepared. We got Dean Delaney and Dave Warren in at the last minute, but otherwise had a First Division squad. Lost the play-off to Harps having finished a point off safety. Bray could suffer the same way this season although I've presumed all winter that Bray would be staying up.

[tippex]

Tbh we all have quietly been hoping the same but there is no way the club could make that assumption.

[kid creole]

Totlly beyond farce at this stage .

[razor]

Great to see Tom has finally made it.
his own wikipedia page here

[WoodquayBoy]

A sad sad read

[Jofspring]

Great to see Tom has finally made it.
his own wikipedia page here

Its incredible to read it all put down and condensed. As you read down the page it just seems like it couldn't get any worse but it does. So who's going to submit a section on Roddy to add to that page?