Leagues Financial facts & Rumours thread

[holidaysong]

Sounds like usual Dundalk conspiracies to me.

Sounds like that to me too!

[eelmonster]

We'll see ... :D

[Mr A]

Bohs case with Albion adjourned til November 4th apparently.

[gufct]

Sean Connors case was also up today anything on that anywhere.Bohs forum is being strongly policed .

[Inside Man]

In Irish mail on Sunday that Drogs D-Day is on monday with Bohs D-Day this Friday.
Also all 22 league clubs are meeting in private this thursday in Sligo to discuss financial matters. I think its most likely going to be about the massive wages and the domino effect which has happened and how clubs can stop this from happening in the future.

[brianw82]

In Irish mail on Sunday that Drogs D-Day is on monday with Bohs D-Day this Friday.
Also all 22 league clubs are meeting in private this thursday in Sligo to discuss financial matters. I think its most likely going to be about the massive wages and the domino effect which has happened and how clubs can stop this from happening in the future.

That can only be a good thing. Wonder why it's in Sligo, though?

[Longfordian]

Not private any more is it?. Sounds like the behaviour of a cartel! Wait until caped crusader Stephen McGuinness hears of this..

[charliesboots]

Just to update on the Bohs cases:

On Tuesday 04/11/2008
Mr Justice Edwards
2007 4902P BOHEMIAN FOOTBALL CLUB V
ALBION PROPERTIES LTD & ORS (JT)

On Tuesday 02/12/2008
Cases to be assigned a Judge
2008 1558P CONNOR V BOHEMIAN FOOTBALL
CLUB LTD

[pineapple stu]

"ORS" means others, I take it? Didn't hear about that before. Who's the others, if that's what it stands for?

[charliesboots]

"ORS" means others, I take it? Didn't hear about that before. Who's the others, if that's what it stands for?

The three Defendants are Albion Properties Limited, Albion Enterprises Limited and Pascal Conroy

[dcfc1928]

That can only be a good thing. Wonder why it's in Sligo, though?

Isn't Sligo the centre of the universe though?

[pineapple stu]

The three Defendants are Albion Properties Limited, Albion Enterprises Limited and Pascal Conroy
Cheers. I assume they're all effectively one and the same?

Didn't notice either that it's Bohs who are sueing, not being sued.

[OneRedArmy]

Not private any more is it?. Sounds like the behaviour of a cartel! Wait until caped crusader Stephen McGuinness hears of this..My thought exactly.

If I was the PFAI I'd go straight to the Competition Authority.

[gufct]

Bohs ruling put back till friday.

[randomcomment]

Shels are screwed - FACT

[fionnsci]

Shels are screwed - FACT

Go on....

[finnpark]

Shels are screwed - FACT

Whats wrong? :eek:

[passinginterest]

Looks like Drogheda are in serious, serious trouble. At this stage I'd be surprised if the examiner doesn't wind them up. Watch out for FAI advertisements for expressions of interest in joining the League of Ireland from the Drogheda area come January.

http://www.independent.ie/sport/soccer/eircom-league/drogheda-players-may-go-on-strike-1537082.html (http://www.independent.ie/sport/soccer/eircom-league/drogheda-players-may-go-on-strike-1537082.html)

More detail here:
http://www.independent.ie/sport/soccer/robinson-calls-for-action-1537087.html

[White Horse]

Looks like Drogheda are in serious, serious trouble. At this stage I'd be surprised if the examiner doesn't wind them up. Watch out for FAI advertisements for expressions of interest in joining the League of Ireland from the Drogheda area come January.

United supporters are openly admitting that the club is gone. I hope that another club can be founded to keep football alive in south Louth.

[blackholesun]

Looks like Drogheda are in serious, serious trouble. At this stage I'd be surprised if the examiner doesn't wind them up. Watch out for FAI advertisements for expressions of interest in joining the League of Ireland from the Drogheda area come January.

Agreed, they looked doomed. I wonder would Drogheda Town who played in the first round of the Cup earlier this year be able to step up to the A league for next year in time, if the FAI let them use Utd Park?

bhs

[charliesboots]

Agreed, they looked doomed. I wonder would Drogheda Town who played in the first round of the Cup earlier this year be able to step up to the A league for next year in time, if the FAI let them use Utd Park?

bhs

Whats the deal with ownership of United Park - Can it be sold off to pay creditors if Drogs are wound up?

[Buile Shuibhne]

Would United Park even pass First Division standards for a licence?

[pineapple stu]

In theory, no. You still need covered seats - less than the Premier but more than United Park, I think?

[passinginterest]

I'd imagine it could be brought up to standard without too much investment seeing as it was allowed for the premier for the last few years. Seeing as the FAI own it I'm sure they might consider putting a lick of paint on it before Drogheda Franchise FC move in.

[Mr A]

I'd say a new entity would be given a certain amount of time to meet the full spec.

[pineapple stu]

And a more pertinent question may be "Would United Park even pass A Championship standards for a licence?" And I don't think there are any such standards?

[Mr A]

Judging by what Mervue have I'd say yeah, no problem.

[Inside Man]

Whats the deal with ownership of United Park - Can it be sold off to pay creditors if Drogs are wound up?

Is it possible the fai buy the ground. Then lease it back to another club. Would this would be a good move to keep football alive in Drogheda?

[mediahack]

Is it possible the fai buy the ground. Then lease it back to another club. Would this would be a good move to keep football alive in Drogheda?

Did the FAI not buy the ground a few years back when they were last in trouble?

[jinxy lilywhite]

AFAIK the FAI bailed Drogheda Utd out 6 or 7 years ago. United Park was the chargeable asset in this deal. However the amount Drogheda got somewhere in the region of €250,000 (Maybe someone can quote an accurate figure) is only owed. No interest or indexation was charged. United Pk would be worth a lot more than that.

[oriel]

Dundalk owner reports DFC will be posting a profit for 2008 season, the 60k prize money will have helped - but we were on target to break even before this.

Whats the current financial state of play at the end of season with other clubs that were not as much in the spotlight as others 2008.

Are Shamrock Rovers in good shape ?

Also Sligo would appear to have finished in a strong financial position ?

UCD ?

Derry ?

Are these the only 4 premier clubs in 2008 to finish in break even/profit ?

[Battery Rover]

This is where these things about clubs in profits is misleading. They are only basing it on this season and not accumalated debt from previous.

I know some clubs who are well in profit this season but because of existing past debt it is all being swallowed up by repayments on this.

Sligo are in the best shape of all the Premier clubs other than St Pats from what I know

[MariborKev]

Derry ?

We lost £80k for the Y.E 2007 and I would expect our Y.E 11/08 to be significantly worse.

[pineapple stu]

Whats the current financial state of play at the end of season with other clubs that were not as much in the spotlight as others 2008.

UCD ?

Are these the only 4 premier clubs in 2008 to finish in break even/profit ?
We made a loss of about E20-E25k for the year. So winning the A League final and being on telly the last game of the season was rather welcome!

[citybone]

We lost £80k for the Y.E 2007 and I would expect our Y.E 11/08 to be significantly worse.

werent your crowds up this year would that not have helped?

[Poor Student]

We made a loss of about E20-E25k for the year. So winning the A League final and being on telly the last game of the season was rather welcome!

That's including the loss of Budweiser as sponsor though? Isn't that the roughly the difference between loss and break even?

[pineapple stu]

Basically, yep.

[garyderry]

werent your crowds up this year would that not have helped?

second half of the season definitely down a good bit so probably down overall.

[MariborKev]

werent your crowds up this year would that not have helped?

We brought Kenny back on massive wages, we have the biggest squad in the League, we stay overnight for every away game. I'd be amazed if our losses are less this time round.

[micls]

we stay overnight for every away game. .

Seriously :eek:

That seems excessive.

[jinxy lilywhite]

We brought Kenny back on massive wages, we have the biggest squad in the League, we stay overnight for every away game. I'd be amazed if our losses are less this time round..

even away to harps

[MariborKev]

Seriously :eek:

That seems excessive.


Sorry,

Should have clarified that. Every team bar Harps, Sligo and the Norn Iron sides in the Setanta. Part of SK's contract coming back was a guaranteed number of overnight stays for away games.

[micls]

Sorry,

Should have clarified that. Every team bar Harps, Sligo and the Norn Iron sides in the Setanta. Part of SK's contract coming back was a guaranteed number of overnight stays for away games.

But even Dublin teams? Drogheda?Why?

We're a longer distance and we dont even stay in Dublin

[MariborKev]

A bone of some contention amongst the more frugal of us.

Sure we flew 25 players/staff to a game in Cork on Good Friday.Madness.

[Mr A]

One of the few things Hegarty seems to have learned in his time with Kenny was how to make similar demands for Hotels, even for our recent game in Drogheda when he knew well the club was fecked for money.

[maroon ultra]

Cousins had a different take on this during his time at United. His cunning plan involved leaving early on the day of a match so the team could stop in a hotel, book in for two hours to sleep ahead of a game! Bizaare.

[Martinho II]

That's including the loss of Budweiser as sponsor though? Isn't that the roughly the difference between loss and break even?


why is budweiser not sponsoring ucd next season??:confused:

[Poor Student]

why is budweiser not sponsoring ucd next season??:confused:

Guess they reckoned they got all they were going to get out of it for the past twenty years or so. Obviously due to the declining global economy companies are going to scale back unecessary expenditure. I think they will continue to sponsor the Super League. To the best of my knowledge they haven't been our sponsor since the start of this year. I know they've been on our jerseys since but try and get new shirts quickly from O'Neills.

[HarpoJoyce]

why is budweiser not sponsoring ucd next season??:confused:

Following on with what Poor Student said. There is a belief that Alcohol sponsorship of Sports, at least within an environment that can be controlled/managed, shouldn't be necessary.
Unfortunately I can't find anything specifically to UCD Dublin, (there are two tribune.ie articles I can't access) but I can link to NUI Galway
http://www.socs.nuigalway.ie/files/alcohol_policy_abridged_policy_81.pdf
Page 3 D. Controlling Marketing, Promotions and Sponsorship

UCC
http://www.ucc.ie/en/SIN/studentrules/alcohol/DocumentFile,51033,en.pdf
Page 5 3.4 Controlling Sponsorship, Marketing and Promotions
(Okay, somebody's plagirising, Who's plagirising?)

Senator Ivana Bacik has something to say aswell.
http://www.ivanabacik.com/archives/82

UCD put an 'Say No to Racism' badge over the Budweiser logo on the kids jerseys.

After Edit:
This has reminded of maybe other industries that maybe targetted. There's a famous fast food restaurant chain that sponsors accomodation and support of parents for patients at Crumlin Hospital for Sick Children. (They may have Golden Arches over the door.). Today supporters of a LoI of Ireland club from Dublin were decked out in their club strip including the Fast Food name on the back selling car fresheners to raise some money.
It will be a long hard road to prize that type of company away though.

[gufct]

Looks like its endgame for the Drogs after Players and Administrative Staff not paid today so Harps get to stay up is it.