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Thread: Coughlan told to pay up or face Cork player strike

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    How much did they charge in?
    Neale Fenn on retiring: 'I think once you finish you might as well finish rather than making all sorts of comebacks.'

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    €25 I believe.
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    What was the score, and how much did they have to pay to get out again....?

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    Attendance was just over 3,500.
    The FAI have already agreed to hold participation and prize money back until the debt is cleared afaik. We're in a situation now where the next 150k we win/ earm in participation money won't come to our account
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by dcfcsteve View Post
    What was the score, and how much did they have to pay to get out again....?
    http://www.extratime.ie/newsdesk/articles/2474/

    Team Glasgow won 1 net goal to zero

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    Yet again British Celtic exhibit their cherished Irish roots and reward their legion of loyal consumers - sorry, fans - by fielding an unheard of reserve team in a friendly game on Irish soil.

    Yet another club and set of fans learn the hard way that friendlies against the Scottish club are a waste of time and money....

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    In fairness, Harps were delighted with the squad brought when we played them.
    #NeverStopNotGivingUp

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    Recent friendlies show the phenomenal attraction of the English Premiership to Irish people over all other domestic, European club and International games.
    Celtic just don`t draw big crowds here any more, ( Didn`t fill Tolka for their European tie v Pats for example) the Irish International side could only draw 11,000 against the World Cup Hosts, Champions League/third round UEFA ties this Summer attracting 5,000 and 3,500 respectively. While a team of kids wearing a Liverpool crest against a Bohs Second Team could have filled Dalymount twice over in a meaningless friendly! Bohs cleared 100k from that tie , Cork willl be lucky to make half that, bizarre.!

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    So it would be fair to say Cork are in deep, deep trouble again. Being extremely generous and assuming they/the FAI somehow make 100K from the Celtic game they still owe the FAI 100K. Before paying wages etc.

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    Quote Originally Posted by seand View Post
    So it would be fair to say Cork are in deep, deep trouble again. Being extremely generous and assuming they/the FAI somehow make 100K from the Celtic game they still owe the FAI 100K. Before paying wages etc.
    It means that winnings participation money from the FAI will be directed to the person who gave the loan until such time as the remaining money is paid. At that rate that money comes in, unless we win a competition or place second in the league, you're talking a few years minimum of money that we won't be able to budget with.

    To use the word again is a bit misleading as it suggests a point recently where we weren't in trouble.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by tiktok View Post
    It means that winnings participation money from the FAI will be directed to the person who gave the loan until such time as the remaining money is paid. At that rate that money comes in, unless we win a competition or place second in the league, you're talking a few years minimum of money that we won't be able to budget with.

    To use the word again is a bit misleading as it suggests a point recently where we weren't in trouble.
    Really is a struggle from one week to the next for Cork.I presume they have/ would release any players that get an offer from another club as it is difficult to see how they will continue to meet payroll until the end of the season ?
    just have to hope they can stagger on until the end of the season and clear out all players.
    Writing on the wall when Cork cannot generate enough money to sustain one full time football club ?

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    Cork can. The problem, as per usual, is overspending in the short term pursuit of success.
    #NeverStopNotGivingUp

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    Quote Originally Posted by marinobohs View Post
    Writing on the wall when Cork cannot generate enough money to sustain one full time football club ?
    There is no doubt in my mind that Cork could generate enough money to sustain a full-time club. We sustained one and won the league in 2005, the issue is how we've tried to do it since through Arkaga and then the current owner.

    Bad business sense does not neccessarily equate to a bad business opportunity for someone else.

    We've had an average attendance in our last two competitive games of 1600, you can't sustain a full-time set-up on that, but I don't think that's reflective of what could be achieved in Cork City.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by tiktok View Post
    There is no doubt in my mind that Cork could generate enough money to sustain a full-time club. We sustained one and won the league in 2005, the issue is how we've tried to do it since through Arkaga and then the current owner.

    Bad business sense does not neccessarily equate to a bad business opportunity for someone else.

    We've had an average attendance in our last two competitive games of 1600, you can't sustain a full-time set-up on that, but I don't think that's reflective of what could be achieved in Cork City.
    Would like to think Cork can sustain full time football (or everyone else is knackered !) but a casual (turn up when winning) support is not the basis for a full time model either. The fact that the recent gates were realitively small when everyone knows the position does not auger well for future attendances and certainly would be a very unsound basis for a full time set up.

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    Quote Originally Posted by marinobohs View Post
    Would like to think Cork can sustain full time football (or everyone else is knackered !) but a casual (turn up when winning) support is not the basis for a full time model either. The fact that the recent gates were realitively small when everyone knows the position does not auger well for future attendances and certainly would be a very unsound basis for a full time set up.
    You're Absolutely right which is why in all likelyhood, whoever is in next in Cork [or Tom Coughlan next season] is going to have to seriously question whether we can sustain a full-time set-up next season and in 2011. The negative press and number of people who have been burned by the club has left us with a lot to claw back.

    A huge number of the creditors who keep losing out are City fans who were giving good prices to CCFC becuase they were supporters, only then to get left with 7% of what they were owed. We have a long way back from that and I think you're seeing it reflected in the crowds [though I have to add] the football played under Doolin up to the last two games has been muck and isn't helping.

    We have some positivess, Kevin Mullen at the club is an excellent Commercial manager, his reappointment has had immediate effects [something as small as every game being fully sponsored since his return - that wasn't happening all season]. Others at the club are excelling in hugely difficult positions as they struggle to counter the overwhelming negativity that's out there towards the club.

    Long term you'd think that full-time is sustainable if apprioached seriously, but in the short term it's a much tougher call.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by Dalymountrower View Post
    Celtic just don`t draw big crowds here any more, ( Didn`t fill Tolka for their European tie v Pats for example)
    That was 11 (eleven) years ago and was completely sold out.

    Ask many pats fans about it and watch their reaction
    http://pix.ie/widgets/generate/accou...000-F5F5FF.jpg


    "It's time for the FAI to grow up." John O'Donoghue, Minister for Sport, RTE , Sunday 7 Nov 2004

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    Quote Originally Posted by soccerc View Post
    That was 11 (eleven) years ago and was completely sold out.

    Ask many pats fans about it and watch their reaction

    Not my recollection, but I take your word on it

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    Quote Originally Posted by soccerc View Post
    That was 11 (eleven) years ago and was completely sold out.

    Ask many pats fans about it and watch their reaction
    I recall Pats fans getting stick for not supporting the "Irish" team (only here !). That game was the beginning of the end for my interest in Celtic FC (and Yes, the hoops do not help ).

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    I hope i'm wrong but i can see us sadly loseing a few players during the close season this winter. Was always going to be hard to sell out last night's game against Celtic since it was a Wednesday,school in the morning and also since it was Junior Cert night.
    Last edited by sheao; 10/09/2009 at 3:58 PM.

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    Quote Originally Posted by tiktok View Post
    It means that winnings participation money from the FAI will be directed to the person who gave the loan until such time as the remaining money is paid. At that rate that money comes in, unless we win a competition or place second in the league, you're talking a few years minimum of money that we won't be able to budget with.

    To use the word again is a bit misleading as it suggests a point recently where we weren't in trouble.

    A few follow up questions if you don't mind please?

    Does this mean that the FAI drip-feed repayments to the lender as it accrues to Cork City, or have the FAI repaid him the full sum now and repay themselves later over a period from the winnings / participations monies as they are earned?

    Was the loan made out to Coughlan's CCFC Investments Ltd (?) company and if he were to fold or disappear off into the sunset, would the loan still be owed by the football club entity or say FORAS if they took up the running of the club?

    If the above were to happen it's likely that Cork would be relegated and FORAS would begin rebuilding from the A League, where the winnings / participation monies would be greatly reduced, placing a heavier and much more prolonged burden on the the new club?
    A transient, horrible, fantastic dream,
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