View Full Version : Dungannon Swifts to take Derry City to Court
holidaysong
07/05/2009, 9:24 AM
Dungannon Swifts are preparing to take Derry City to the High Court over money they claim they are owed relating to the transfer of Niall McGinn to Celtic.
Swifts chairman Jarlath Faloon says the Candystripes had agreed to pay his club an agreed share of the cash from any future transfer involving the player.
http://news.bbc.co.uk/sport2/hi/football/irish/8037390.stm
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This dispute has been dragging on for ages. Who else are they supposed to owe money to, is it Linfield?
pól-dcfc
07/05/2009, 10:01 AM
Dungannon Swifts are preparing to take Derry City to the High Court over money they claim they are owed relating to the transfer of Niall McGinn to Celtic.
Swifts chairman Jarlath Faloon says the Candystripes had agreed to pay his club an agreed share of the cash from any future transfer involving the player.
http://news.bbc.co.uk/sport2/hi/football/irish/8037390.stm
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This dispute has been dragging on for ages. Who else are they supposed to owe money to, is it Linfield?
It is "supposed" to be Linfield. But it's been established that we don't owe them any money.
I wish to **** the board would get off their arses and just pay their dues.
Derry really have treated Dungannon despicably in this, fair play to Swifts for standing their ground.
wexfordned
07/05/2009, 10:08 AM
Derry really have treated Dungannon despicably in this, fair play to Swifts for standing their ground.
Is it not more likely Derry don't have the money to pay them:confused:
They've signed plenty of players since, so the money must be there.
pól-dcfc
07/05/2009, 10:16 AM
Is it not more likely Derry don't have the money to pay them:confused:
I would doubt that. I'm sure the overdraft could be extended to cover it. It's not like we got a lot from Celtic - hence the board not making the fee public.
If it's proved that Derry have owed this money all along we have another example of the sham that is licensing.
MariborKev
07/05/2009, 10:51 AM
I would doubt that. I'm sure the overdraft could be extended to cover it. It's not like we got a lot from Celtic - hence the board not making the fee public.
I'd love to have your confidence.
A, the transfer hadn't technically happened during the licensing process and therefore no money(transfer fee, sell on or otherwise) was due at that point.
However as you say, fair play to Dungannon, they deserve what they are due. Pity we couldn't have got their board in to do the deal with Celtic, I reckon we'd have come off far better:mad:
pól-dcfc
07/05/2009, 10:55 AM
I'd love to have your confidence.
A, the transfer hadn't technically happened during the licensing process and therefore no money(transfer fee, sell on or otherwise) was due at that point.
However as you say, fair play to Dungannon, they deserve what they are due. Pity we couldn't have got their board in to do the deal with Celtic, I reckon we'd have come off far better:mad:
Definitely. Why didn't the board bring Dungannon into the figuring when the deal was done. We definitely could have just got Celtic to pay it direct to them, without Derry having to put their hands on Dungannon's share at all. It's so ****ing daft that we have ourselves in this situation.
Is it 20% we owe? Think how much Tam must be getting in wages, and we only brought him in a few weeks ago (not making him a scapegoat at all, but if the board wants to bring in new players they have to settle their debts first). The money must have been available before.
I really think that the money can be made available. Our finances are seemingly decent enough, so surely £40,000 can be stumped up from somewhere?
Philly
07/05/2009, 3:10 PM
Derry have done something like this before. Thy signed Wayne Russell from KCFC years ago and we were due payment in installments IIRC. Wayne got ijured straight away and we never got another cent. I'm sure it's not just Derry though, do Sligo still feel they are owed money from Drogheda?
I think in this league you should keep trasfers simple. And prolonged payment scheme or installment/add-on fees will just lead to trouble when the buying club eventually has to pay and doesn't have the cash to give.
Big Chief
07/05/2009, 3:20 PM
For what it is worth I was speaking to a representative of Dungannon a couple of months ago, around the time when the High Court writ was first issued, and he suggested that Derry were in severe financial turmoil and this was one of the main reasons for their failure to pay up.
From a slightly less reliable source I had heard that Derry were trying their best to keep the exact details of the transfer fee quiet as they sought to pay Dungannon less than they were actually entitled to.
L.T.F.C.
07/05/2009, 4:25 PM
its well that they can afford to go to court!
MariborKev
07/05/2009, 4:25 PM
Derry have done something like this before. Thy signed Wayne Russell from KCFC years ago and we were due payment in installments IIRC. Wayne got ijured straight away and we never got another cent.
As has been obvious on this thread, I'm in no way defending Derry.
However Philly your facts on this one are wrong. Russell was signed on loan, with an option for us to sign him permanently at the end of the season. No transfer fee was due. As you say, very unfortunate for Russell but Derry were in the clear.
MariborKev
07/05/2009, 4:27 PM
the High Court writ was first issued
Source?
I'd fully expect one, but to my knowledge no writ has been issued to date.
redobit
07/05/2009, 4:28 PM
Derry have done something like this before. Thy signed Wayne Russell from KCFC years ago and we were due payment in installments IIRC. Wayne got ijured straight away and we never got another cent. I'm sure it's not just Derry though, do Sligo still feel they are owed money from Drogheda?
I think in this league you should keep trasfers simple. And prolonged payment scheme or installment/add-on fees will just lead to trouble when the buying club eventually has to pay and doesn't have the cash to give.
Last I heard we are a creditor of Drogheda. They still owe us about 30K from the Faz transfer.
pineapple stu
07/05/2009, 4:35 PM
Not any more you're not. All creditors would have been written off when they came out of examinership, bar the 2p in the £ or whatever offer they made.
Philly
07/05/2009, 10:24 PM
As has been obvious on this thread, I'm in no way defending Derry.
However Philly your facts on this one are wrong. Russell was signed on loan, with an option for us to sign him permanently at the end of the season. No transfer fee was due. As you say, very unfortunate for Russell but Derry were in the clear.
Stand corrected on that one so, thanks.
Sam_Heggy
08/05/2009, 9:03 AM
Did I read somewhere that Dungannon issued a writ firstly to "Derry City FC" and it was then withdrawn as Derry trade under a different name?
pól-dcfc
08/05/2009, 9:07 AM
Possibly. I think we trade under Wellvan Enterprises or something similar. I'm not 100% certain mind.
Yep, Wellvan Enterprises it is.
Although unfortunately the account ye have to file are pretty meaningless :mad:
holidaysong
09/05/2009, 2:24 PM
Did I read somewhere that Dungannon issued a writ firstly to "Derry City FC" and it was then withdrawn as Derry trade under a different name?
"Londonderry City FC"...
Unlike Cosmo in the other thread, I'm actually joking... :p :o
BacRod
09/05/2009, 10:51 PM
Possibly. I think we trade under Wellvan Enterprises or something similar. I'm not 100% certain mind.
Sssshhhhh.
Don't tell them that, they're not supposed to know. We'll be inundted with writs now.
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