Jack McCarthy selling up?

[PinBallWizard]

I happened to meet the loveable Danny Drew ex-owner of our lovely club and now of Kildare County fame a few days ago, and he informed me that he's “been talking to Jack McCarthy about buying the club through a shelf company, and the sooner the better”. I laughed this off, given the source, but at the FAI Cup final yesterday I was at the hospitality do organised by the FAI and a few senior people there confirmed Jacks interest in selling. They also pointed out that the club has not paid its CEO and GM in several weeks.

Whats going on? I thought things were looking up financially? This would be a disaster if that scrote got back involved with the club. Trev, Joesoap, SLK, anyone in the know hear anything about this?:mad:

[joeSoap]

I've heard rumours, but tend to treat them as just that given the history.

[Jofspring]

Heard this too. Not the Drew part but the rest of it. Hope its not true.

[Monkfish]

Whats going on? I thought things were looking up financially? This would be a disaster if that scrote got back involved with the club. Trev, Joesoap, SLK, anyone in the know hear anything about this?:mad:

Sure according to you the club is a 'jokeshop'. Also according to you Jack is only a 'figurehead' and a 'smokescreen' so what are you worried about if he goes? :rolleyes:

[PinBallWizard]

Sure according to you the club is a 'jokeshop'. Also according to you Jack is only a 'figurehead' and a 'smokescreen' so what are you worried about if he goes? :rolleyes: The club was a jokeshop, thankfully isn't any more and my belief that McCarthy was a smokescreen and a figurehead looks more and more to be the case now. Frankly its none of your business as to what my opinions are, and I'm not so much worried about him going as opposed to who buys him out (DD). Be as sarky as you like Monkfish, I couldn't care less. I'm merely passsing on what I have heard, and it seems others have heard it too.

And for what its worth, I've supported Limerick football in all its guises for well over 40 years, and played for the club in the mid 1970's, so don't talk to me about 'worrying'...I've just as much if not more of a right as you do.

[kev08]

lads heard from a good source hes interested in selling up but wants a good offer and to leave the club in sound hands

[Monkfish]

I'm merely passsing on what I have heard, and it seems others have heard it too.


Wakey wakey! Everyone is already aware of the Jack situation, but your just starting and spreading rumours cause you've no eggs to chase. What was it last year? oh thats right the whole 'Kerley is gone or will be gone' story.

And dont worry, most of us on here already know exactly who you are. :rolleyes:

[joeSoap]

Has anyone from the Supporters Club gone directly to the top to have this checked out? If it is a rumour, then who gives a rats ass, but if there is more to it then it could be detrimental to the continuing success on the field. A new regime would probably have their own ideas and people and that might mean change, and stability is whats required right now, not change.

I'm sure the recent economic downturn in the US didn't help Jacks coffers, and maybe he is looking for a quicker return on his investment than he originally predicted. I am sure he has recorded a personal loss since taking over, and perhaps is panicking. However if he is a shrewd as people say he is, then surely he would stick around for one more season as I believe promotion is a real possibility. That would open the doors to average gates of over 1000, greater merchandising sales and a chance to make the club a very marketable brand.

Surely thats what he should be thinking about....not walking away from potential.

[Monkfish]

Has anyone from the Supporters Club gone directly to the top to have this checked out?

PM'd.

[joeSoap]

Cheers. Didn't know that.

[LK37oldskool]

hope these rumours are'nt going to be knocking around for the next 3 months.Just when we seemed to have some stability these start again. Would be helpful for everyone if someone from the club made an offical statement to confirm or deny this. Not good for drumming up support from local business.

[timmy]

In the chronicle today it states that jack has lost €150,000 this season and the club are looking for signifigant investment. also states limerick want to double there wage bill from €2,250 to €4,500 and this is another reason for the need for investment. CEO Mawhinney states that "Jack can't afford to pour more money inot the club".

Thats the main bits of it from when I glanced at it today. I'm open to correction on anything tho.

[LK37oldskool]

Just read that article on line.your spot on with those figures Timmy.€150,000 is a big hit and the current financial climate is'nt going to make Jack throw too much more money our way. Doubling the wage bill seems a bit much though. How a big a squad are they planning for next season?

[Monkfish]

Would be helpful for everyone if someone from the club made an offical statement to confirm or deny this.

I see where your coming from but if the club had to do this for every rumour that does the rounds regarding the club (and believe me theres enough knobheads around this town spreading them) they would get nothing done other than issue statment after statement.

Good to see a thread regarding what is at the moment a rumour, getting more attention than the one regarding our end of season awards night. :rolleyes: (and yes, im well aware iv contributed to this :p)

[Monkfish]

is'nt going to make Jack throw too much more money our way.

Only right in fairness, club needs to run itself and Jacks given them the push they needed.

[Jofspring]

Only right in fairness, club needs to run itself and Jacks given them the push they needed.

Agree with that, Limerick wanted someone to help make sure we had a senior football team which he did and he has said all season there is only so much money he can put in and that he needs the business community to get behind him and invest. Hopefully some business' will see its worth backing the club and will invest, tough few months ahead for Judge, Mawhinney and co.

[LK37oldskool]

Only right in fairness, club needs to run itself and Jacks given them the push they needed.

Agree with you there100%, but i think another year with his full support would have solidified the club more.A good start to the season without all this will he wont he b******t would set the club up nicely.We all saw the improvement in crowds towards the end of the season and i really think an average home gate of around 1000 is achievable with a good start.
And best of luck on Friday night. Was going to go myself but my daughter(who's on the ladies team) had a hizzy fit,thought i'd be spyin on her!
As if ;)

[Lim till i die]

I happened to meet the loveable Danny Drew ex-owner of our lovely club and now of Kildare County fame a few days ago, and he informed me that he's “been talking to Jack McCarthy about buying the club through a shelf company, and the sooner the better”.:

AH HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA.

There's more chance of me buying the club.


I laughed this off, given the source,

A rare moment of clarity Mr. Wizard.


but at the FAI Cup final yesterday I was at the hospitality do organised by the FAI

Just what did the record for "Number of leeches in a room" end up finally being set at??


and a few senior people there confirmed Jacks interest in selling.

You're either slightly but crucially twisting someone words to suit your own ends here or you were lied to.


They also pointed out that the club has not paid its CEO and GM in several weeks.

The dogs in the street know this.

Fairplay to them.

Congrats on a woeful attempt at $hit stirring.


Whats going on? I thought things were looking up financially?

The amount of people who struggle with basic maths astounds me at times it really does.


Trev, Joesoap, SLK, anyone in the know hear anything about this?

SLK only knows what I tells him. :p


my belief that McCarthy was a smokescreen and a figurehead looks more and more to be the case now. .

Is this based on anything other than the delusions in your head and some third hand garbage you misheard from some suit at a junket??


Frankly its none of your business as to what my opinions are

You do realise how stupid this looks, given that you're posting your opinions on a public forum right??


played for the club in the mid 1970's

It's a thundering disgrace that you got a cup winners medal "Muckles", a disgrace.

You'd some cheek showing up at the 25th anniversary aswell.

But then, you only have to ask the dogs in the street to know about you....


I've just as much if not more of a right as you do

Absolute toss.


Has anyone from the Supporters Club gone directly to the top to have this checked out? .

No fewer than four Supporters Club members are on the clubs board.


If it is a rumour, then who gives a rats ass

"Muckles" obviously does.


but if there is more to it then it could be detrimental to the continuing success on the field.

Don't believe the hype joe


A new regime would probably have their own ideas and people and that might mean change, and stability is whats required right now, not change.

Major, wholesale change is needed asap if the club is to go forward. Would have thought that blatantly obvious.


I'm sure the recent economic downturn in the US didn't help Jacks coffers

As am I.


and maybe he is looking for a quicker return on his investment than he originally predicted.

Return on Investment??

This is Limerick football club we're talking about!! Two hopes of that happening at the moment and one of them has been dead a few years now.


I am sure he has recorded a personal loss since taking over

Of course he has. A pretty hefty one by the average joesoaps standards (wow, what a terrible pun)


and perhaps is panicking.

I'd say he has made bigger losses at the track.


However if he is a shrewd as people say he is,

No one shrewd gets involved in LoI football to make money. Come on now joe.


then surely he would stick around for one more season as I believe promotion is a real possibility.

We're not going to get promoted next year because the cash isn't there.

F A C T


That would open the doors to average gates of over 1000, greater merchandising sales and a chance to make the club a very marketable brand.
Surely thats what he should be thinking about....not walking away from potential

Would the club be profitable at this level?? Of course it wouldn't. Have a look round the league.


In the chronicle today it states that jack has lost €150,000 this season and the club are looking for signifigant investment.


Off the top of my head, I'd say you could nearly double it.


also states limerick want to double there wage bill from €2,250 to €4,500 and this is another reason for the need for investment.

Two hopes. One Dead. See above.


CEO Mawhinney states that "Jack can't afford to pour more money inot the club".

Not strictly true I'd imagine but the result for us is all the same.


Hopefully some business' will see its worth backing the club and will invest

It's never "worth" backing a LoI club. If they are willing to be philanthropic than hooray for us but I'd say money is a bit thin on the ground these days......





*I'd just like to put a disclaimer at the end of this post. I am in no way involved in the club or the club committee. I have, however, been to every game this season, have a brain, have eyes and keep my ear close to the ground. I can bet you all I have a far better idea of the shape the club is in than "Muckles" above.

Seriously lads, "Muckles" comes on here looking for All Blacks tickets and when he gets tole where to go, he coes back on a few days later with a whinge made up of lies, rubbish, stuff the dogs in the street know, sticky-back plastic and pva glue and the forum goes into meltdown?? Meanwhile I'd say you could count the number of tickets sold for the awards dance with the fingers of both hands.....................

[Lim till i die]

lads heard from a good source hes interested in selling up but wants a good offer and to leave the club in sound hands

I've €108 quid here :rolleyes:

Next time you hear from a "good source" will you do us a favour, write down what you heard on a piece of paper and mail it to yourself.

There's a good lad.

[Lim till i die]

Would be helpful for everyone if someone from the club made an offical statement to confirm or deny this. Not good for drumming up support from local business.

Somebody from the club should come out and make an official statement because "Muckles" is having a bad day??

A wee bit of perspective gents please. :rolleyes:

[kev08]

I've €108 quid here :rolleyes:

Next time you hear from a "good source" will you do us a favour, write down what you heard on a piece of paper and mail it to yourself.

There's a good lad.

christ its all true what people say about you your some ass :) plus beating aisling+pike was no big deal why keep boasting about it ha ha

[Buzzer]

AH HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA.

There's more chance of me buying the club.



A rare moment of clarity Mr. Wizard.



Just what did the record for "Number of leeches in a room" end up finally being set at??



You're either slightly but crucially twisting someone words to suit your own ends here or you were lied to.



The dogs in the street know this.

Fairplay to them.

Congrats on a woeful attempt at $hit stirring.



The amount of people who struggle with basic maths astounds me at times it really does.



SLK only knows what I tells him. :p



Is this based on anything other than the delusions in your head and some third hand garbage you misheard from some suit at a junket??



You do realise how stupid this looks, given that you're posting your opinions on a public forum right??



It's a thundering disgrace that you got a cup winners medal "Muckles", a disgrace.

You'd some cheek showing up at the 25th anniversary aswell.

But then, you only have to ask the dogs in the street to know about you....



Absolute toss.



No fewer than four Supporters Club members are on the clubs board.



"Muckles" obviously does.



Don't believe the hype joe



Major, wholesale change is needed asap if the club is to go forward. Would have thought that blatantly obvious.



As am I.



Return on Investment??

This is Limerick football club we're talking about!! Two hopes of that happening at the moment and one of them has been dead a few years now.



Of course he has. A pretty hefty one by the average joesoaps standards (wow, what a terrible pun)



I'd say he has made bigger losses at the track.



No one shrewd gets involved in LoI football to make money. Come on now joe.



We're not going to get promoted next year because the cash isn't there.

F A C T



Would the club be profitable at this level?? Of course it wouldn't. Have a look round the league.



Off the top of my head, I'd say you could nearly double it.



Two hopes. One Dead. See above.



Not strictly true I'd imagine but the result for us is all the same.



It's never "worth" backing a LoI club. If they are willing to be philanthropic than hooray for us but I'd say money is a bit thin on the ground these days......





*I'd just like to put a disclaimer at the end of this post. I am in no way involved in the club or the club committee. I have, however, been to every game this season, have a brain, have eyes and keep my ear close to the ground. I can bet you all I have a far better idea of the shape the club is in than "Muckles" above.

Seriously lads, "Muckles" comes on here looking for All Blacks tickets and when he gets tole where to go, he coes back on a few days later with a whinge made up of lies, rubbish, stuff the dogs in the street know, sticky-back plastic and pva glue and the forum goes into meltdown?? Meanwhile I'd say you could count the number of tickets sold for the awards dance with the fingers of both hands.....................

that's a fairly long rant!!!!!

[GenerationXI]

Frankly its none of your business as to what my opinions are...

Then keep them to yourself :rolleyes:


However if he is a shrewd as people say he is, then surely he would stick around for one more season as I believe promotion is a real possibility. That would open the doors to average gates of over 1000, greater merchandising sales and a chance to make the club a very marketable brand.

Surely thats what he should be thinking about....not walking away from potential.

I've said this over and over again - you don't make money in the LoI. You buy a club to make your portfolio vaired. You keep your losses to a minimum and wipe out the debt that Merchandising and Gates aren't covering every year. Owning a club at any level bar the very very very top is nothing short of a labour of love. Unless we were scouting every patch of Grass from Dingle to Derry looking for young new talent and selling it on at a profit (but to who in this rubbish league?) then we'll never do more than cover the cost of keeping the floodlights on of a Friday night.

Our loveable little club might indeed get promoted if we increase the wage bill and sign Wayne (that was for you SLK) but then things get more expensive! If you don't want to do a Cobh you have to buy in some players and pay some of our lads a little bit more to compete at all. How much merchandise will you shift to a crowd of people watching a first div. team getting hockeyed off the pitch every week by prem. teams?

[joeSoap]

Next season is going to see a lot of levelling of playing fields as regards clubs and money. Pats will have resources, Derry will have less resources and the rest of them will have little or no resources. Success in the EL will probably be confined to those two, unless Bohemians miraculously manage to sell Dalymount. After that it will be a pretty level playing field across the rest of the clubs. If we were to get promoted to the premier, a much more financially viable premier, then we would have a great chance of consolidation, stability increased revenue.

I do not like talk of 'doubling our wage bill'. That has been done before, very unsuccessfully, and would lead to more ruin. We have proven that we are more than capable of getting promoted with what we've got and my point is that if we do get promoted then the other clubs will not be much better off than us when we get there. Thats why I prefer stability, not change at this time.

As for PBW being Muckles....I don't know. The Muckles I know wouldn't know how to turn on a computer, let alone generate a Foot.ie account. The man is a clown.

[KevB76]

We're not going to get promoted next year because the cash isn't there.

F A C T


But the cash isnt anywhere else either.

Unless you mean we wont get promoted cos we wont get a premier licence cos we dont have cash to spend on upgrading facilities or whatever when we win the league next year.

If thats not what you meant, then you can keep your reality checks to yourself, I'm not interested. We ARE going to win the league next year :p

[Lim till i die]

that's a fairly long rant!!!!!

That's a fairly short, pointless post. :rolleyes:

[Lim till i die]

I do not like talk of 'doubling our wage bill'. That has been done before, very unsuccessfully, and would lead to more ruin. We have proven that we are more than capable of getting promoted with what we've got and my point is that if we do get promoted then the other clubs will not be much better off than us when we get there. Thats why I prefer stability, not change at this time.

There isn't a snowballs chance in hell of the wage bill going up 20% next year, never mind being doubled.

No Change = No Promotion.


As for PBW being Muckles....I don't know. The Muckles I know wouldn't know how to turn on a computer, let alone generate a Foot.ie account. The man is a clown

He's not Muckles, just someone I hold in similar esteem.

I just like calling him Muckles. So sue me. :p

[Lim till i die]

But the cash isnt anywhere else either.

Fingal
Shels
Possibly Waherfurr.

Will all piddle tens of thousands that they don't have up against the wall trying to get promoted.

We wont because we can't.

Kildare/Mervue, Longford, Athlone, Wexford, Cobh, Drogs will all be terrible and we will finish ahead of them.

UCD will be handy.

Monaghan will be Monaghan


Unless you mean we wont get promoted cos we wont get a premier licence cos we dont have cash to spend on upgrading facilities

We wont get promoted because we wont have the squad.

We're short cover for both full back positions, a winger and a striker.

Now if we were Shels, Fingal or Waherfurr we would say grand go out and sign Greg O'Halloran, Kevin Waters and Stephen O'Flynn, sorted, promotion party in November.

As it is, we'll be making do with what we have and we will come up short.


We ARE going to win the league next year

We ARE going to finish top five, at the lower end, outside the playoffs.

[Treaty Gooner]

ahh!! can't you pick up your dumbtit..kid

What does this mean?

[sadloserkid]

What does this mean?

Well it's in rubbish now. I couldn't give an infraction because I don't know what it meant either... :confused:

[joeSoap]

A dumbtit is an old expression for a baby's soother....or pacifier, or whatever they're called these days. It was a dumbtit back in my day though.

[sadloserkid]

A dumbtit is an old expression for a baby's soother....or pacifier, or whatever they're called these days. It was a dumbtit back in my day though.

Ah ok. I'm glad I didn't get mod crazy now. :D I resumed it was dumb tit with the space missing.

[Monkfish]

I resumed it was dumb tit with the space missing.

Did anyone on here do basic English at school? :D

[sadloserkid]

Did anyone on here do basic English at school? :D

I'm blaming my keyboard. 'P' is a stupid letter anyway. :)

[talent scout]

true about rumours doing the mills. go back to main issue will fai be issusing license again to club with no seats,poor facailites at jackman park. plans for building have being turned down by council. where will limerickbe playing soccer if any in a decent ground to attract. what the increase means is to keep the players that are already at club so other teams dont poach away.. then there is rumours off going back to markets field to develop ...

[LK37oldskool]

true about rumours doing the mills. go back to main issue will fai be issusing license again to club with no seats,poor facailites at jackman park. plans for building have being turned down by council. where will limerickbe playing soccer if any in a decent ground to attract. what the increase means is to keep the players that are already at club so other teams dont poach away.. then there is rumours off going back to markets field to develop ...

the FAI license wont be a major problem,they need a team in the mid- west.If we got one last year,next year should be the same.more important to them is the financial side of things. as for the players,there wont be too many clubs poaching players as the money is'nt there. most of the clubs will be part time and locally based next season.

[talent scout]

the FAI license wont be a major problem,they need a team in the mid- west.If we got one last year,next year should be the same.more important to them is the financial side of things. as for the players,there wont be too many clubs poaching players as the money is'nt there. most of the clubs will be part time and locally based next season.
well cork will be sniffing around along with galway, if they offering players premier football. players will move..

[L37Ultra]

well cork will be sniffing around along with galway, if they offering players premier football. players will move..


Limerick will be more likely to get players from those two clubs. Check what I said in the Transfer Rumour thread.

[gael353]

well cork will be sniffing around along with galway, if they offering players premier football. players will move..

at a price as most (about 90%) are in contract and clubs will have to part with serious money. Cork or anyone wont be spending money this year and no LOI club can afford one or two of our player assets. Jack is not selling up, hes simply seeking other investment to support him in financing the club. Hes in Limerick for the annual awards this friday come along and have a chat with him. The budget is staying the way it was at just over 2 Gs a week, that was yet another repeated miss quote by the paper.
Friday 8 o clock in the Greenhills come early to avoid the ques

[joeSoap]

I was just reading in tonights Herald that Fenlon has to cut his budget by €600,000 yes...€600,000 for next season. This is only going to leave Bohs with a budget for next season of €1,200,000. See here (http://www.herald.ie/sport/soccer/irish/fenlon-told-to-slash-bohs-wage-budget-by-euro600000-1553191.html)

Their cleaner probably gets paid well more than our top players. Shows the gulf in everything really.

[Buzzer]

A dumbtit is an old expression for a baby's soother....or pacifier, or whatever they're called these days. It was a dumbtit back in my day though.

yeah,my fault.
should not have put a gap there.
just thought he was being very petulant in his reply.we all would like to see a healthy LOI team in limerick.the glass is always half empty with this"lim 'til i die".
reminds me of a guy years ago,playing football on the streets.
used to take his ball home when things were not going his way.
something like "Cartman"...."well screw you guys..i'm going home!!!"

[Ram72]

[quote=LK37oldskool;1066184]the FAI license wont be a major problem,they need a team in the mid- west.If we got one last year,next year should be the same.
Dont worry too much about the license, the F.A.I have bent the rules in the past for clubs in the league and they'll be doing alot of it next season too.
If they were to go by the letter of the law for the licence next season very few clubs would get one, considering the state of their finances, never mind if there grounds are up to scratch.

[GenerationXI]

Did anyone on here do basic English at school? :D

Here's your answer:


true about rumours doing the mills. go back to main issue will fai be issusing license again to club with no seats,poor facailites at jackman park. plans for building have being turned down by council. where will limerickbe playing soccer if any in a decent ground to attract. what the increase means is to keep the players that are already at club so other teams dont poach away.. then there is rumours off going back to markets field to develop ...

I've read this three times now and only about 30% of it makes any sense. This at a time when the government are making cuts in education. :(

To get back on point: No hope of promotion next year without serious financial backing.

[joeSoap]

To get back on point: No hope of promotion next year without serious financial backing. I disagree. Cobh will have no major budget per se to talk about next season, nor will Finn Harps. Waterford might...I'm not sure. We have proven our ability to beat every other team in the division bar Sporting Fingal. It will be a very closely fought league, and if the form from the second half of last season can be maintained then I see no reason as to why we couldn't be promoted.

And I'd much rather remain in Division One than go broke again trying to get promoted.

[Monkfish]

Fingal will have the mulash, Shels will again pull it out of no-where, Waterford will be decent enough, UCD will probably be favourites and if Harps are down (or Drogs) then thats another contender. Strongest 1st div in years next year.

[joeSoap]

It will be a strong division, but a very competitive one. And I'd rather be playing competitive football within our means rather than in debt. We should be able to attract a decent average gate, operate at a consummate level off the pitch and maintain the steady, but gradual growth the club has seen this year.

I personally don't mind too much about promotion just yet, although it would be nice, and not altogether out of our reach. UCD are poor, quite poor in fact and will lose what talent they have left now that they are relegated. I can see the final shake up involving Shels, Sp Fingal, Waterford and Limerick again. The relegated teams will be demoralised both mentally and from a resources point of view in my opinion.

[Lim till i die]

It will be a strong division, but a very competitive one. And I'd rather be playing competitive football within our means rather than in debt. We should be able to attract a decent average gate, operate at a consummate level off the pitch and maintain the steady, but gradual growth the club has seen this year.

All agreed.

But on the off the pitch side anyone catch live 95fm the other night. :eek: :o


I personally don't mind too much about promotion just yet,

Good, because it aint happening!!


although it would be nice,

Darn tootin!


and not altogether out of our reach.

The squad Joe the SQUAD!!!


UCD are poor, quite poor in fact and will lose what talent they have left now that they are relegated.

Wouldn't agree with this at all really.

UCD are alwaysfairly decent at this level.


I can see the final shake up involving Shels, Sp Fingal, Waterford and Limerick again.

And UCD and Harps with Monaghan not a million miles behind the pack.........


The relegated teams will be demoralised both mentally and from a resources point of view in my opinion

I could see Cobh being absolutely shocking alright.

Keep hoping Drogs will come down instead of Harps. :ball:

[joeSoap]

But on the off the pitch side anyone catch live 95fm the other night. :eek: :o
No...care to elaborate?

[GenerationXI]

We have proven our ability to beat every other team in the division bar Sporting Fingal. It will be a very closely fought league, and if the form from the second half of last season can be maintained then I see no reason as to why we couldn't be promoted.


I'm not convinced. As Ltid has pointed out, there are many holes in the squad. If - and let's not forget that what thread this is - the money's gone or being reduced, and if, as has been hinted to on this site by some people, Wayne hasn't been signed (and I know it's unlikely that he'll go elsewhere) then I see problems.

Look this is all rumour as yet, and as usual, but I'd be optimistic that if we can hang on to the bunch we have we can really push on next year. Whether or not we'll actually win the league is beyond prediction in my opinion. Anything can happen. But I'd have to say it's unlikely.

[Lim till i die]

No...care to elaborate?

Storm clouds, Danny Drew, mumble mumble, Kerley, untenable, players, blah, blah.

Didn't actually hear it myself, just got the jist second hand