View Full Version : Fair Play to the FAI
passerrby
12/01/2009, 3:46 PM
I would not believe that any club has submitted there financials yet so would expect that licensing is highlighting clubs who have overspend last season and are reminding them that they will not be allowed the same spending next season
BulmersKid
14/01/2009, 9:42 AM
Taken From Todays Irish Daily star
FAI Take A Tough Stance
MARK McCADDEN
LEAGUE of Ireland clubs who enter into examiner-ship from next season will face tough new penalties.
The FAI will formulate a policy on the matter by the end of the month and some hard-hitting sanctions, designed to discourage clubs from going down such a route, are expected to be written into the 2009 Licensing manual.
It is believed that the new punishments will see clubs not only deducted points during the current season, but they would start the following campagin on minus points
OWED
Just how many depends on factors such as when a club goes into examinership and the amount owed to creditors.
Also, the directors of any club in examinership will be barred from holding office in the League of Ireland for a certain period of time.
And the appetite among clubs for tough new measures is believed to be strong, with one club representative saying: "There is a realisation that serious action has to be taken."
Cork City and Drogheda United both went into examinership last season and were each deducted ten points.
pineapple stu
14/01/2009, 10:12 AM
Also, the directors of any club in examinership will be barred from holding office in the League of Ireland for a certain period of time.
Now that is excellent. Five years is suitable, I think. Let's see how it gets implemented.
Dodge
14/01/2009, 10:33 AM
Bans should be for life. And it should be back dated to include the likes of Kilcoyne and Duncan too
pineapple stu
14/01/2009, 11:47 AM
Duncan?
Dodge
14/01/2009, 11:50 AM
Tut tut pineapple. I thought you'd know all the people responsible for various clubs crashing.
He was involved with St Francis, then sold them out pretty quickly for the proposed merger with Pats. When that didn't happen he todlled off to Tony maguire's Rovers (in the mean time cosying up to Ollie Byrne) and was instrumental in the near collapse of them too. The man is poison. We only had him for a couple of months and still haven't recovered properly
pineapple stu
14/01/2009, 11:53 AM
St Francis is kind of only a vague memory, TBH. Remember them "merging" with youz; don't remember any of the details. Only started following the financial fun when Seery came on the scene and Ollie started getting into trouble.
Longfordian
14/01/2009, 2:16 PM
Ah yes, Mr. Three Clubs as one of our directors called him to his face one time. Cue much spluttering and indignation..
CSFShels
14/01/2009, 3:55 PM
Definitely should be backdated. About time this has happened. Fair play FAI.
Battery Rover
14/01/2009, 4:05 PM
Now that is excellent. Five years is suitable, I think. Let's see how it gets implemented.
Saw the original draft of this and it might be more than that
pineapple stu
14/01/2009, 4:07 PM
No complaints if it's more obviously.
Don't know if it can be backdated legally?
CSFShels
14/01/2009, 4:32 PM
No complaints if it's more obviously.
Don't know if it can be backdated legally?
Well it depends on whether you view it as criteria or punishment.
DmanDmythDledge
14/01/2009, 5:31 PM
I'll try dig up the link. It was a throwaway line in an article linked on another forum about something else.
Edit - Indo link (http://www.independent.ie/sport/soccer/big-spenders-pass-the-point-of-no-returns-1598295.html).
Slightly off-topic but had to mention it...
"He also left us his Honda motorcycle in his will. I don't know what we're going to do with it."
Sell the ****ing thing.:D
Martinho II
14/01/2009, 7:29 PM
Ah yes, Mr. Three Clubs as one of our directors called him to his face one time. Cue much spluttering and indignation..
sorry longfordian i dont quite follow:confused:
stann
14/01/2009, 10:56 PM
No complaints if it's more obviously.
Don't know if it can be backdated legally?
Don't know one way or the other either, but would guess that the furthest it could be backdated to, if it could be at all, was the point that the FAI took over the reigns.
Longfordian
14/01/2009, 11:06 PM
sorry longfordian i dont quite follow:confused:
What's not to follow?. One of our directors called Alan Duncan "Mr Three Clubs" (due to his moving from one club to another) to his face at a meeting one time. He wasn't best pleased about it.
BulmersKid
14/01/2009, 11:16 PM
Don't know one way or the other either, but would guess that the furthest it could be backdated to, if it could be at all, was the point that the FAI took over the reigns.
Can't see them backdating it. It would only end up in the courts.
With all new rules, it is best to start from point zero and work forward. No need to complicate things.
With all new rules, it is best to start from point zero and work forward. No need to complicate things.
For most of us, yeah. But Dodge has the whiff of blood in his nostrils now...
:D
For the record, I was kidding about it being backdated (as much as I'd love to see it happening)
Martinho II
15/01/2009, 8:38 PM
What's not to follow?. One of our directors called Alan Duncan "Mr Three Clubs" (due to his moving from one club to another) to his face at a meeting one time. He wasn't best pleased about it.
i am not familiar with the name thats all.. i knew nothing of what happened at pats,rovers and st francis
higgins
15/01/2009, 11:31 PM
I have to stay I'm genuinely surprised that shels continue to draw down the Tolka money for day to day spending. It's quite shocking really.
I'd be surprised if we did too.
Without going into exact figures the money Shels are spending includes creditors from before the 2007 season. In order to service some of these debts and keep a club going that had a chance of promotion some money was drawn down.
Stu still has no idea what the debt was in 2006 what the debt was in 2007 or what the debt was after 2008.
Shelbourne FC Ltd making a loss in one year means nothing in itself.
Stu has no figures to back up his overspending claim from 6 months back. Long before any statements from the club predicting a loss for this year (not confirmed as 70k either!)..
Bald Student
16/01/2009, 2:15 AM
I'd be surprised if we did too.
Without going into exact figures the money Shels are spending includes creditors from before the 2007 season. In order to service some of these debts and keep a club going that had a chance of promotion some money was drawn down.
Stu still has no idea what the debt was in 2006 what the debt was in 2007 or what the debt was after 2008.
Shelbourne FC Ltd making a loss in one year means nothing in itself.
Stu has no figures to back up his overspending claim from 6 months back. Long before any statements from the club predicting a loss for this year (not confirmed as 70k either!)..
The phrase Pineapple used was 'overspending from the sale of Tolka'. In your message quoted above you tell us that Shels are both making a loss of about 70k and drawing down money from the sale of Tolka.
Pineapple's statement has been shown to be entirely correct.
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