Cork City Financial Discussion [Archive] - Page 3

tiktok

18/02/2009, 8:35 PM

Don't know if it is true or not but his brother in law is one of the main people in CCOSC.

Trust me, being one of the main people in the CCOSC doesn't give you visibility to everything happening at the club, you end up relying on the same rumours and drip fed information as everyone else.

There's two people who are responsible for pretty much every scrap of rumour that's come out over recent months, they feed them to a few people on internet forums who spread them, there was a few grains of truth in some of them which has susequently resulted in everything they say treated as gospel now. It's gotten to be a joke tbh. Alot of the issue is that, for some reason, Tom Coughlan and the Club are refusing to fight back, clarify the rumours or put information in the public domain that would clear much of it up. Their silence is bringing it on themselves.

Also, the club is more than just Tom Coughlan, there are a lot of great people working incredibly hard to get our club back to some level who are being undeservedly tarnished by some of the rumours being circulated. Those starting them are doing them a huge disservice, and they should know far better and show far more respect. I think I'll do a Longfordian now and back away with my hands up, i've said my piece.

corkboy360

18/02/2009, 9:08 PM

Who hasn't? Doolin? Healy? Behan? Murray? Ryan?
Yes they have been in Bishopstown.
Friday will be there first time this season:p

pete

18/02/2009, 10:29 PM

According to a Cork work colleague here in Dublin...

I that supposed to make a rumour more reliable? I work in Dublin so by logic if I sent you an email it would more believable? :rolleyes:

I still can't understand how a legal dispute with a former employee could lead to a licence being withheld. That is a crazy precedent to set. By that reasoning with CCFC offered 95% settlement & Matthews, now employed by rival club (lets just assume Drogs are rivals) could reject it & get CCFC relegated. :eek:

DmanDmythDledge

18/02/2009, 10:47 PM

I still can't understand how a legal dispute with a former employee could lead to a licence being withheld. That is a crazy precedent to set. By that reasoning with CCFC offered 95% settlement & Matthews, now employed by rival club (lets just assume Drogs are rivals) could reject it & get CCFC relegated. :eek:
Is it not a similar scenario to players not having being paid what they are owed? I don't see why there should be a difference between the two.

cheech

18/02/2009, 11:02 PM

I that supposed to make a rumour more reliable? I work in Dublin so by logic if I sent you an email it would more believable? :rolleyes:

Wow. Amazing how you picked out the most irrelevant part of the post.

The reason I said he was 'here in Dublin' was to balance it to show that he wasn't close to the action so to speak in Cork.

As they say back home though, what do you expect from a pig but a grunt.

Dodge

18/02/2009, 11:07 PM

I was talking to a former cork player this evening who is still owed money

El-Pietro

18/02/2009, 11:09 PM

According to a Cork work colleague here in Dublin, cheques to CURRENT STAFF have started bouncing around Turners Cross. It will be interesting to hear reports from the forum.

This is what he emailed me earlier today. "Cheques have been bouncing since the New Year apparently to current staff. PFAI now getting involved. FAI have warned Coughlan that unless this is rectified in the next week then they will rescind the Premier License."

thats incorrect

Rovers Maniac

18/02/2009, 11:10 PM

I was talking to a former cork player this evening who is still owed money

:D:D:D

John83

19/02/2009, 12:29 AM

Is it not a similar scenario to players not having being paid what they are owed? I don't see why there should be a difference between the two.
There's a big difference.

Imagine if Pete Mahon were to sue UCD tomorrow morning because he didn't get some bonus (one he was never actually promised). Should our licence be pulled until the court case was decided? Or should we pay up regardless and sue for the money back?

People don't usually make up wages they're owed, but there's often room for dispute, particularly over dismissal procedures in a sacking.

Of course, it's easy to imagine a club claiming that wages aren't really owed to get around that aspect of licensing, but it'd force things to court and probably hurt them in the long run. Not that LoI clubs think long term.

corkboy360

19/02/2009, 1:04 AM

I was talking to a former cork player this evening who is still owed money
I wonder ?
Darragh Ryan:rolleyes:hmm

thats incorrect
you sure El-Pietro we have been sucked into lies by owners before

Dodge

19/02/2009, 6:31 AM

Not daragh Ryan, he was playing at the time

corkboy360

19/02/2009, 10:41 AM

Not daragh Ryan, he was playing at the time
Farrelly ?
He's the only other I could think is lurking around Dublin.

gufct

19/02/2009, 12:47 PM

I guessed he was the one mentioned in the herald as being owed �40,000.

razor

19/02/2009, 1:05 PM

Disgusting comment considering the guy had cancer !! :mad:While I do not condone the comment, thankfully I don't believe he had cancer.

A face

19/02/2009, 1:20 PM

Disgusting comment considering the guy had cancer !! :mad:

You'll have him in the grave next ya drama queen :rolleyes:

Rovers Maniac

19/02/2009, 1:50 PM

Is this what Cork City fans are coming to? Hopefully these 3 to do not represent the true Cork city fans that think Farrelly was letting on he had a serious illness. Disgusting.

Dodge

19/02/2009, 1:51 PM

In fairness I'm with Rovers maniac on this. Very serious illness and some of the comments here are at best in poor taste

corkboy360

19/02/2009, 3:43 PM

Is this what Cork City fans are coming to? Hopefully these 3 to do not represent the true Cork city fans that think Farrelly was letting on he had a serious illness. Disgusting.

Out of order! having been paid in total and without question by my own employer while 'lying in a hospital bed' with a life threatening illness!!
I never accused him of faking an injury he's not John O Flynn
Comment was not meant in a bad way just a mere observation s for the others 2 comments that were deleted did not see them so don't know.

micls

19/02/2009, 5:27 PM

Thats not right micls .OUR manager Alan matthews has been hard done by and deserves what he is owed .Unless of course he agrees on a settlement .

Exactly.No matter what the case justice should be done the man does have a family to look after.

Alan Mathews family are not going hungry ffs. He just picked up a 50k bonus. He was paid ridiculous money for a years works.

Now this isnt his fault, wed all have taken it and if the court decides he's due more then fair enough.

BUT I hope they side with us, as Id imagine any other LOI fan in the position would.

And Ndrog, you must be having a laugh right? If the court hadn't sided with ye regarding payments you wouldn't have a club now....I'm sure you were wishing they didn't though.

Is this what Cork City fans are coming to? Hopefully these 3 to do not represent the true Cork city fans that think Farrelly was letting on he had a serious illness. Disgusting.
If you're responding to Razor I think what he meant was that Farrelly didn't have cancer(luckily), which he didn't. He had a tumour but it wasn't cancerous.

On the Mathews thing, loads of City fans have heard his threats and rumours from when he was still our manager.

I had huge respect for how he acted when the everything went wrong but dont be naive. If he'd walked away at that stage he'd have lost 4 months wages and a 50k Setanta cup bonus. Its to easy to walk away from a possible 100k, he had motivation to stay. But regardless he did a great job and gained huge respect from us.

His actions since though leave a sour taste

El-Pietro

19/02/2009, 5:43 PM

I wonder ?
Darragh Ryan:rolleyes:hmm

you sure El-Pietro we have been sucked into lies by owners before

cant speak for the players but the staff have been paid

corkboy360

19/02/2009, 8:07 PM

cant speak for the players but the staff have been paid
Dunno people buying into it too easy after what happened us last season im not trusting anyone. Maybe TNB does not know who Gareth is:o

CSFShels

19/02/2009, 9:09 PM

Would relegation to the First be the end of this sequel of the Cork series? They must have one of the higher wage bills in the Premier, how the hell would that work in the first? I'm sure players wouldn't just agree to leave.

gufct

20/02/2009, 8:29 AM

2 pages in the sun this morning about Farrelly plus it states there are 3 other players due money by Cork. The FAI have washed their hands off the Farrely case which seems incredible.

Longfordian

20/02/2009, 10:14 AM

Especially as they most certainly did not wash their hands of other ex-employees at other clubs. No consistency as ever.

Hibs4Ever

20/02/2009, 12:30 PM

2 pages in the sun this morning about Farrelly plus it states there are 3 other players due money by Cork. The FAI have washed their hands off the Farrely case which seems incredible.

http://www.extratime.ie/newsdesk/articles/1320/

Dodge

20/02/2009, 1:20 PM

The FAI statement on Farrelly's claim CLEARLY states that all players owed monies have been sorted out, despite the rumours on here and in sections of the media. "All players who were due outstanding monies by Cork City FC and followed the club licensing process have received payment in full accordance with the agreements reached between the players, the PFAI and the club." www.fai.ie

The FAI also state (http://www.fai.ie/index.php?option=com_content&task=view&id=4026) "...Cork City... were given licences on the basis that financial commitments they have made will be honoured within the agreed dates before the start of the 2009 season."

So if the financial commitments are not to players, what are to? Surely all other debt was cleared/payed during examinership

razor

20/02/2009, 1:28 PM

Is this what Cork City fans are coming to? Hopefully these 3 to do not represent the true Cork city fans that think Farrelly was letting on he had a serious illness. Disgusting.If you're referring to my post then this is a ridiculous comment.
I never for one second said that Farrelly feigned illness, i'm well aware the man was seriously ill and wasn't making light of it, I was merely correcting your incorrect post.

Dodge

20/02/2009, 1:46 PM

Sorry, you didn't give a link so I presumed mine was more up to date (yours wasn't on website)

Dodge

20/02/2009, 2:22 PM

Your quote is from last Monday, mine is from today, I'd assume therefore, that any outstadnding issues where players are concerned [if there even were any] have been sorted in the past few days.

Actually reading that now...

FAI response (http://www.fai.ie/index.php?option=com_content&task=view&id=4036&Itemid=9)

Seems to me that Farrelly is still owed money

Dodge

20/02/2009, 3:15 PM

Well I'm not a legal eagle but the FAI wording certainly indicates that there was a debt owed but seeing as he circumvented licensing, there's nothing they could do

I'm not getting into whether he was or wasn't

Celdrog

20/02/2009, 4:22 PM

if he'd taken a 30% pay deferral back then, he'd have 100% of money to the end of his contract now.Not the way I read it. He'd have an agreement in place to get it. That could be a tenner a week, could be a grand a week.
Read the statement again carefully. You haven't defaulted on the initial payments yet but it certainly isn't clear that all players have all their money.

"All players who were due outstanding monies by Cork City FC and followed the club licensing process have received payment in full accordance with the agreements reached between the players, the PFAI and the club." www.fai.ie

Celdrog

20/02/2009, 10:50 PM

Drogs fans should know this stuff inside out.Why the hell should we know this stuff inside out. Do you think the examiner gave us classes on what was going on. I'm saying nothing about Gareth Farrelly. All I'm pointing out is that the FAI statement can be interpreted such that some (ex) Cork players are still owed money but the FAI accepted the schedule of payments.

Seeing as you know so much, when is Alan Matthews getting his �200k? And also tell Doolo to stop wearing Drogs gear.

Mr A

21/02/2009, 9:15 AM

Whatever about the legality of it, not paying Farrelly because he was ill is pretty reprehensible morally. I appreciate that the examiner had to be ruthless, but this is exactly the sort of thing that should see clubs who go down the examinership route severely punished due to the damage to the league's reputation.

Steveoc

21/02/2009, 2:16 PM

micls

21/02/2009, 2:35 PM

G.F. wasn't let go because he was ill. He was offered the same deal as other staff i.e. 30% of their wages initally by the examiner and he refused thus leaving the examiner with no option but to dispense with his services in the same way as he dispensed with the services of the assistant manager, general manager, commercial manager and club shop staff - all of whom weren't given the option of the 30% of wages.

This sums it up really. He was treated the same as everyone else and this was all done by the examiner.

The club had no say in it and Tom Coughlan certainly has nothing got to do with it.

Its not nice but its part and parcel of examinership. id imagine Farrelly knows he doesnt have much of a case, hence the running to the press.
I'd agree with Mr. A's point though about the punishment.

corkboy360

21/02/2009, 3:06 PM

Why the hell should we know this stuff inside out. Do you think the examiner gave us classes on what was going on. I'm saying nothing about Gareth Farrelly. All I'm pointing out is that the FAI statement can be interpreted such that some (ex) Cork players are still owed money but the FAI accepted the schedule of payments.

Seeing as you know so much, when is Alan Matthews getting his �200k? And also tell Doolo to stop wearing Drogs gear.

The FAI might pay it:pI have it from a Drogs source that they gave ye a handy bit a money don't remember them giving us much

Connor still using yer gear too hopefully the pair get lost in the wilderness somewhere:D

Celdrog

21/02/2009, 5:01 PM

I have it from a Drogs source After your comment about Gareth Farrelly you'd find it hard to get a source in Cork never mind anywhere else in the country.

corkboy360

21/02/2009, 6:49 PM

After your comment about Gareth Farrelly you'd find it hard to get a source in Cork never mind anywhere else in the country.
That has no relevance at all.

So people on this forum are aloud take the **** outta dead people but not someone who is alive and well.

Cosmo

21/02/2009, 7:11 PM

The FAI might pay it:pI have it from a Drogs source that they gave ye a handy bit a money don't remember them giving us much

Your drogs source is wrong - didnt they sponsor one of your matches the last time ye were financially in the sh!t btw?

corkboy360

21/02/2009, 8:25 PM

Your drogs source is wrong - didnt they sponsor one of your matches the last time ye were financially in the sh!t btw?
Not that i know of.The corner boy's did though AFAIK.

Cosmo

22/02/2009, 11:58 AM

Not that i know of.

I'm nearly sure I read the FAI sponsored one of your matches to help ye out!

Anyway, not gona get caught up by it!!

Does anybody know where Cork are gtting all the money to sign these players? (btw before any cheap jibe,etc I know the irony of me asking that).

apparently they offered o donnell 40% more than dundalk- and also offered Faz a couple of hundred more than dundalk!! 2 good signings but the players will go where the money is!

Is coughlan going to bankroll the club for a while, or are they just going to be in debt? (can see sponsorship money, gate money,etcb being down for most clubs this season and it doesnt like they get any reali income from their supporters ie via trust money,etc!)

Not wumming, just cant see how theyre gona keep it up for the whole season without a sugardaddy helping out!!

corkboy360

22/02/2009, 2:49 PM

[quote=Cosmo;1110557]I'm nearly sure I read the FAI sponsored one of your matches to help ye out!

[quote]
Nope can confirm that they did not.

micls

22/02/2009, 3:47 PM

apparently they offered o donnell 40% more than dundalk- and also offered Faz a couple of hundred more than dundalk!! 2 good signings but the players will go where the money is!

They key word in there for me is apparently. Thiss all seems to be based on the word of Connor and forgive me if Im not quick to believe the bull****ter.

If we offered the same as Dundalk then Id imagine theres a good chance we'd get him.....Thats not saying we did, I dont have a clue what we offered.

But I do know that Coughlan wont be throwing money away. The budget is there and Doolin will be working within it. Its a buyers market at the minute and our wage bill will be significantly smaller than last season.

Given that we would have one of the biggest turnovers in the league then it makes sense that we would be able to spend more money than Dundalk on wages if that was the case.

We have 20(i think including Greg) players signed atm. 4 of them are young fellas that will mostly play A championship and u20 and Im sure are on very small money(one I know is for a fact)...Duggan, Deasy, Eoin Forde, Tim Kiely. 2 others are part time O Connor and O Neill.

That leaves 14 full time first teamers. Now god knows what we're paying the 2 Latvians but they didnt exactly have teams flocking for them, same with Greg O Halloran.

Of the other 11, 5 re-signed on significantly lower wages(hence Kearney leaving).

We signed 3 others then (Connor, Faz, O Donnell).

People must remember the tables have turned. Players realise they wont be getting the money they once were. If we were throwing money around we would have kept Kearney and Mick Devine. Both walked because of the significantly lower wages they (and everyone else) were offered.

I dont know the exact figures, but going by the above were not even in the same ballpark as last year.

Nope can confirm that they did not.

Yes they did

corkboy360

22/02/2009, 7:01 PM

Yes they did
What game?

gufct

22/02/2009, 8:06 PM

They key word in there for me is apparently. Thiss all seems to be based on the word of Connor and forgive me if Im not quick to believe the bull****ter.

If we offered the same as Dundalk then Id imagine theres a good chance we'd get him.....Thats not saying we did, I dont have a clue what we offered.

But I do know that Coughlan wont be throwing money away. The budget is there and Doolin will be working within it. Its a buyers market at the minute and our wage bill will be significantly smaller than last season.

Given that we would have one of the biggest turnovers in the league then it makes sense that we would be able to spend more money than Dundalk on wages if that was the case.

We have 20(i think including Greg) players signed atm. 4 of them are young fellas that will mostly play A championship and u20 and Im sure are on very small money(one I know is for a fact)...Duggan, Deasy, Eoin Forde, Tim Kiely. 2 others are part time O Connor and O Neill.

That leaves 14 full time first teamers. Now god knows what we're paying the 2 Latvians but they didnt exactly have teams flocking for them, same with Greg O Halloran.

Of the other 11, 5 re-signed on significantly lower wages(hence Kearney leaving).

We signed 3 others then (Connor, Faz, O Donnell).

People must remember the tables have turned. Players realise they wont be getting the money they once were. If we were throwing money around we would have kept Kearney and Mick Devine. Both walked because of the significantly lower wages they (and everyone else) were offered.

I dont know the exact figures, but going by the above were not even in the same ballpark as last year.

Yes they did

No ye arent in the same ballpark as last year but ye are still paying bigger wages than most other clubs.