View Full Version : Drogs' Court Case
Bald Student
29/01/2009, 12:49 PM
Who ownes Drogheda United?
brianw82
29/01/2009, 12:56 PM
Oh great endless nit picking on its way. Aren't we in for treat.
Dorgs enter examinership and judge is satisifed with efforts etc and allows them out of examininership, creditors all agree to terms and life goes on - all legal and as per due process.
But hey this is Ireland there has to be some detail in there to moan about - conspiracy, conspiracy I tell ya ....
Why should those questions not be asked?
feck questions til tomorrow ! im gonna celebrate tonite i tells ya :D well done to all supporters and the people of drogland who raised the finance to get us out of this mess .big thanks to Ms. Justice Finlay Geoghan shes the new fabio !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !
garyderry
29/01/2009, 1:03 PM
Some questions:
Media reports say that Drogs had debts of over 700k, but that supporters/the club fundraised over 300k?
How much of the 300k is hard cash in the bank and how much is based on 'pledges'?
How much is being paid out to creditors including the Revenue?
IIRC the playing are getting 90k now, with more to come further down the road? Have the players actually been paid the 90K now - or in the next couple of days before Jan 31st deadline?
What's the total amount of the write-off after all creditors' settlements are totted-up?
after the bull**** everyone had to listen to from you and the rest of ollie's cronnies at $hel$, im dumbfounded and disgusted at you asking these questions.
As for the Drogs fans, congrats, great news, looking forward to visiting this season again. Always a good set of fans.
pineapple stu
29/01/2009, 1:04 PM
Who ownes Drogheda United?
I think it's Hoey through a holding company. From memory, it's either him as a 100% shareholder or as a quasi-partnership with someone else. Fairly similar to Ollie as Shels.
Bald Student
29/01/2009, 1:07 PM
I think it's Hoey through a holding company. From memory, it's either him as a 100% shareholder or as a quasi-partnership with someone else. Fairly similar to Ollie as Shels.
Would that not have been before today? Presumably the supporters' club who raised the money are officially involved now?
In any case, well done to everyone.
brianw82
29/01/2009, 1:13 PM
after the bull**** everyone had to listen to from you and the rest of ollie's cronnies at $hel$, im dumbfounded and disgusted at you asking these questions.
As for the Drogs fans, congrats, great news, looking forward to visiting this season again. Always a good set of fans.
Again, why?
Fair play to Drogheda for getting through the examinership, and I'm happy for the fans that were holding their breath on this. Why does that make someone here a villian for asking specific questions?
pineapple stu
29/01/2009, 1:20 PM
Would that not have been before today?
It would.
There's been no indication of any change in ownership or control so far. Though that's not to say none happened.
charliesboots
29/01/2009, 1:37 PM
http://highcourtsearch.courts.ie/hcslive/case_filing.show?sessionID=232627284&yearNo=2008&recordNo=425&processType=COS
I'm being serious - the answer to all the questions should be in the affidavits filed.
They're all public documents and anyone can bespeak them.
If you're that interested go get them instead of insinuating something isn't above board.
WoodquayBoy
29/01/2009, 1:45 PM
Congrats to Drogheda fans on the club coming our of examinership
Well done to Drogs. I guess will not apply for Premier licence at this stage? Hopefully the fans can get organised & takeover the running of the club from the current Directors. I feel ye need a fresh start without their baggage.
The Lilywhites
29/01/2009, 1:53 PM
Well done to Drogs. I guess will not apply for Premier licence at this stage?
Sounds like they're intent on getting a Premier licence...
http://extratime.ie/newsdesk/articles/1195/
Longfordian
29/01/2009, 1:54 PM
Hasn't Hoey come out and said after the decision they'll be a Premier Divison club?. No chance of them not applying for a Premier Licence.
Buile Shuibhne
29/01/2009, 1:58 PM
after the bull**** everyone had to listen to from you and the rest of ollie's cronnies at $hel$, im dumbfounded and disgusted at you asking these questions.
Nobody has to listen to anybody else or read their posts
im dumbfounded and disgusted at you asking these questions.
Get a life. As a taxpayer and League of Ireland supporter like most people on this MB - I've as much right and interest to ask these questions.
Bald Student
29/01/2009, 2:00 PM
Fintan Cassidy is the new Pineapple Stu!
Buile Shuibhne
29/01/2009, 2:01 PM
http://highcourtsearch.courts.ie/hcslive/case_filing.show?sessionID=232627284&yearNo=2008&recordNo=425&processType=COS
I'm being serious - the answer to all the questions should be in the affidavits filed.
They're all public documents and anyone can bespeak them.
If you're that interested go get them instead of insinuating something isn't above board.
How do you bepeak those files / affidavits?
Who is insinuating something?
garyderry
29/01/2009, 2:06 PM
Nobody has to listen to anybody else or read their posts
Get a life. As a taxpayer and League of Ireland supporter like most people on this MB - I've as much right and interest to ask these questions.
As a tax payer and a League of Ireland supporter you would have been better asking Oillie all these questions about your own club at the time, instead of being his mouth peace.
Again, congratulations Drogs, great news for the league as a whole and yourselves.
charliesboots
29/01/2009, 2:15 PM
How do you bepeak those files / affidavits?
Who is insinuating something?
http://www.courts.ie/offices.nsf/bae2125da4ef043080256e45004d04f3/ba8c6b40ef20abc080256e45005861bb?OpenDocument
As for your second question - leave it out, you know exactly what I mean
Buile Shuibhne
29/01/2009, 2:16 PM
Regardless of the past - I'm asking these questions now.
A question for you - how is Drogheda going into examinership and then coming out of it, good for the league as a whole?
Peace to you too!
Buile Shuibhne
29/01/2009, 2:19 PM
http://www.courts.ie/offices.nsf/bae2125da4ef043080256e45004d04f3/ba8c6b40ef20abc080256e45005861bb?OpenDocument
As for your second question - leave it out, you know exactly what I mean
Thanks
and no I don't.
charliesboots
29/01/2009, 2:22 PM
Thanks
and no I don't.
You're welcome - best of luck with that
TheBoss
29/01/2009, 2:28 PM
I am just happy that Drogheda United FC is still a football club, whatever division it maybe in, the main thing is that it appears it will be still in the League of Ireland.
Buller
29/01/2009, 2:38 PM
Regardless of the past - I'm asking these questions now.
A question for you - how is Drogheda going into examinership and then coming out of it, good for the league as a whole?
How is the demise of yet another club in a large town good for the league exactly?
garyderry
29/01/2009, 2:53 PM
Regardless of the past - I'm asking these questions now.
A question for you - how is Drogheda going into examinership and then coming out of it, good for the league as a whole?
Peace to you too!
Its good for the league that a club with a long history and a strong sustainable support in a town where its the only club survives, learns from its mistakes and grows stronger from it.
Why would the league be good WITHOUT them?????
brianw82
29/01/2009, 3:05 PM
I think he means that the entire episode was not good for the league, ie. the fact that they went into examinership in the first place.
Obviously, Drogheda getting out of it is a good thing on the whole.
garyderry
29/01/2009, 3:34 PM
I think he means that the entire episode was not good for the league, ie. the fact that they went into examinership in the first place.
Obviously, Drogheda getting out of it is a good thing on the whole.
He is just bitter becuase of the mess $hel$ got into and would love to see Drogs suffer more and be relegated, thats pretty clear from the messages.
This cycle has been going for decades. Teams just keep overstretching to win the league, anyone having a go at Drogs are complete hypocrits, what club with any sort of ambitition hasnt overstretched or been shafted by owners.
Buile Shuibhne
29/01/2009, 3:44 PM
I think he means that the entire episode was not good for the league, ie. the fact that they went into examinership in the first place.
Obviously, Drogheda getting out of it is a good thing on the whole.
what he said
brianw82
29/01/2009, 3:48 PM
He is just bitter becuase of the mess $hel$ got into and would love to see Drogs suffer more and be relegated, thats pretty clear from the messages.
You're just reading what you want to read here.
This cycle has been going for decades. Teams just keep overstretching to win the league, anyone having a go at Drogs are complete hypocrits, what club with any sort of ambitition hasnt overstretched or been shafted by owners.
Very true.
Does not seem a wide decision to pursue a Premier division licence on 250k annual budget. I can't see how United Park will get a licence for the Premier. Would seem more logical to use United Park in the first division than Oriel or somewhere else in the Premier.
holidaysong
29/01/2009, 4:28 PM
They probably shouldn't get a premier licence but I hope they do. Can't wait for the Malone Cup meeting on Valentine's night now. :)
garyderry
29/01/2009, 4:35 PM
They probably shouldn't get a premier licence but I hope they do. Can't wait for the Malone Cup meeting on Valentine's night now. :)
They definitely shouldnt get a licience for United Park, dont see why they wouldnt playing out of Oriel though, provided everything else is sorted out.
Longfordian
29/01/2009, 4:48 PM
I can see there being a bit of ill feeling if the Revenue make things awkward for other clubs coming up to Licencing deadline. They should have objected really in the public interest and if the judge overrules them then fine. Not a go at Drogheda by the way but I know the Revenue certainly been demanding every last penny from clubs like ourselves.
White Horse
29/01/2009, 4:59 PM
I'm stunned that Drogheda escaped liquidation. A great Houdini act and congratulation must go to the fans who dug deep and bailed out their club.
Black and White
29/01/2009, 5:09 PM
All I can say is roll on the derbies!:D
passerrby
29/01/2009, 5:19 PM
drogs should be treated exactly like cork if one escapes relegation then so should the other. but if they both do then licensing wll be shown up for the farce it is.
holidaysong
29/01/2009, 6:24 PM
drogs should be treated exactly like cork if one escapes relegation then so should the other. but if they both do then licensing wll be shown up for the farce it is.
I agree. It's a bit of a bad joke if both clubs can essentially write off their debts and only receive a ten point deduction. Having said that, if they have all their debts settled by the deadline then what can the licencing committee do?
Black and White
29/01/2009, 6:51 PM
Didnt Leeds do it when they where officially relegated and then got deducted 15 points the following season for doing it then!I know that was in England but the FAI should follow this!
Navandrog
29/01/2009, 7:05 PM
Lovely interview with Vincent
http://www.tv3.ie/sport.php?request=&tv3_preview=&video=5068
So happy:D:D:D
Martinho II
29/01/2009, 7:16 PM
a very good interview with hoey.. all his emotion came out of him.. i am delighted that they are still in football.. few of the crew that were behind hoey on the clip came down to flansiro for the sean prunty testinonial and that was well appreciated by the club..
it will take time but they will learn from the mistakes made...
Black and White
29/01/2009, 7:18 PM
Quite comical and this coming from one of the men who nearly destroyed the club!!how much did hoey or any of the other head officers in the club actually contribute to all the fundraising over the past 2 months can any Drog fan tell me?
DmanDmythDledge
29/01/2009, 7:29 PM
Lovely interview with Vincent
http://www.tv3.ie/sport.php?request=&tv3_preview=&video=5068
So happy:D:D:D
Did he say Galway United towards the beginning?
Dont think so...
Probably just the accent...:D
SMorgan
29/01/2009, 8:59 PM
a very good interview with hoey.. all his emotion came out of him.. i am delighted that they are still in football.. few of the crew that were behind hoey on the clip came down to flansiro for the sean prunty testinonial and that was well appreciated by the club..
it will take time but they will learn from the mistakes made...
I thought it was embarrassing.
It he wants to use a parallel with the Country as a whole, I think the example of how greed messed-up Ireland plc and Hinge Trading would have been more appropriate.
Learn from there mistakes. Are you joking?
This is the club that signed 5 English players at the end of the eddie may period without a means of paying them. Then they tried to walk away from their debts by folding Hinge Trading. Expect both Drogheda and Cork to make that exact same mistakes again and again and again. They'll never learn!
It will make the league look foolish and corrupt if drog end up in the prem division,it slaps the face of those clubs who run their tax affairs properly with the revenue hammering some clubs for tax deadlines for tax clearance certs yet the revenue let first cork and now drog away with tiny % of large sums of what was owed by these clubs ,the FAI have to look at this and make strong and proper decisions .IM sure some clubs today will say F**k the tax man lets all do what drog and cork did .
blackholesun
29/01/2009, 10:31 PM
I am surprised they survived the examinership process but will be astounded if they get a premier license.
Can someone please tell me ...
Have any new investors come on board?
Are the same guys still running the show?
Has any money been put to help going forward as opposed to clear the debts?
Have all directors loans been wiped?
What is the new business model?
bhs
CSFShels
29/01/2009, 11:43 PM
I really don't think I could ever defend the league again if Drogs are allowed in the Premier Division next season.
BonnieShels
30/01/2009, 12:34 AM
I really don't think I could ever defend the league again if Drogs are allowed in the Premier Division next season.
Especially considering the hammering we got and continue to get!
Cork are a lucky bunch also.
BonnieShels
30/01/2009, 12:50 AM
Especially considering the hammering we got and continue to get!
Cork are a lucky bunch also.
Comparing our woes to Drog and Corks was a bit disingenuous of me. I retract.
Guess I'll just never get over that Limerick equaliser.
Grr to the franchise!
:D
Dunny
30/01/2009, 12:58 AM
Comparing our woes to Drog and Corks was a bit disingenuous of me. I retract.
Guess I'll just never get over that Limerick equaliser.
Grr to the franchise!
:D
Remember the name Colin Scanlon...;):D
The only thing that should stop Drogs from getting a license would be the ground.
Whether you agree with the punishment or not(I think its too leniant myself) they were already punished for examinership.
There is no cause to punish them again.
if anything it shows the need to change the rule and possible make it automatic relegation for entering examinership, but as it stands there is no such rule
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