Bohs exceeding 65%?

[Ezeikial]

It appears from this recent Belfast Telegraph piece, that Pat Fenlon has kindly agreed to abide by the transfer embargo:

http://www.belfasttelegraph.co.uk/sport/football/local/jeffrey-expects-gaults-linfield-exit-14305533.html


Northern Ireland international Michael Gault will have talks with Portadown this week and it seems certain he will reject a three-year contract on the table at Windsor Park.
Dundalk and Shamrock Rovers are also keen on the midfielder’s signature.

“I can also confirm that Pat Fenlon advised me that an agent acting for Michael offered him to his Bohemians side but Pat assured me that he would not be signing him".

It just goes to illustrate how much agents know about football!

[mrtndvn]

Cheating or just irresponsible? i

Its clearly cheating what bohs are doing, the disappointing thing is that the club had the potential to do what Shamrock rovers are doing now but they are choosing to give pay rises to the likes of Deegan when there are rules in place that are supposed to prevent that.

Throwing away the potential they had for a very bright future.

[Ezeikial]

What are the financial implications for Bohs of this draw, and in particular their ability to get under the 65% limit?

Aidan Fitzmaurice in yesterdays Evening Herald Mondays states that €500,000 is on offer to Bohs to make it past the first hurdle.

Obviously there is gate receipts and ancillary advertising/sponsorship, plus the possibility of good TV rights revenue, but this hardly amounts to this amount. Is there any further prize money available for progressing?

On the subject of reducing costs Pat Fenlon is adamant that he is only interested in his players being transferred abroad.

Presumably, apart from the possibility of getting transfer fees, this would allow him the best of both worlds - keep all his squad for the Salzburg matches, and then reduce his wage bill by off-loading abroad in late July.

But if the financial rewards are as high as the €500,000 claimed, perhaps all 65% rule problems are solved by winning the tie?



"If we need to sell players it's a case of trying to get as much as we can for them. Certainly, the players won't be leaving to go to clubs in this country on the cheap. That's for certain. If players have to go outside the country and we don't get the fees we demand, that's something we've got to look at. But it's a situation we're in that we have just got to deal with," he added





Bohs fans were today making their travel plans for the first game in the Champions League, and with €500,000 on offer to Bohs if they can make it past the first hurdle in Europe, Fenlon admits there is pressure on him and his players to progress.


http://www.herald.ie/sport/soccer/fenlon-fears-bohs-exodus-1783597.html

[HarpoJoyce]

....
Aidan Fitzmaurice in yesterdays Evening Herald Mondays states that €500,000 is on offer to Bohs to make it past the first hurdle.
......

http://www.herald.ie/sport/soccer/fenlon-fears-bohs-exodus-1783597.html

I read €540,000 euro to get past RB Salzburg.

There is a significant increase for Solidarity payments to clubs in the Champions League competition rfor 2009/10 as its the start of a new cycle.
http://www.uefa.com/uefa/keytopics/kind=64/newsid=814012.html
"...Based on present revenue projections, this means that in season 2009/10 approximately €55m would be made available for redistribution to these clubs via the national associations and professional leagues – which is approximately €23m more than in the last season of the previous cycle. Including the additional allocations also made available to clubs from leagues with no participants in the UEFA Champions League, the solidarity pot will amount to approximately €67m.

Eliminated clubs
Additionally, the solidarity amounts paid to clubs eliminated in the qualifying stages of the UEFA Champions League and UEFA Europa League will also increase.
..."

If its prize-money only it includes 3rd q. ties and the loser of that competes in the Europa League Play-off tie. But last year the FAI received €230,000 (approx.) in total Solidarity payments so I don't know how half million figure is reached.

[redobit]

Things must be serious if they are giving out letters/ leaflets at Bohs matches (the EA semi final) with this wrote on it:

...“As you are aware, there is projected to be a considerable shortfall in the amount of income the club will have to earn in 2009 to remain within the 65% salary cap protocol. Sanction for breach of this protocol is relegation to the First Division”…

The letter goes on to raise a few different initiatives to avoid suffering the penalty (seat sponsorship, direct debit, Fantasy Football).
Wasn’t sure if I should post this, however as the leaflets were being handed out at a public event, and as this could have serious outcome on the rest of the league that I’d put it up.

[sligored]

post from last may below

Mark Rossiter does not get wages from Bohs.

He took an insurance payout when his professional contract ended with Sunderland due to his knee injury. Therefore he cannot now recieve financial reward for playing football as this was part of the settlement.
He is paid big money for coaching instead of wages- another way of avoiding the 65% cap.


Mark Rossiter is an amateur. He gets paid for some coaching he does. We are not allowed to sign him as a player because we would have to pay compensation to Sunderland with whom he terminated his contract due to injury.

i told bohs fans this last may-its cheating the system . Let the powers that be decide . Dont blame fans of other teams for bringing it to the autorities attention if your mc is breaking the rule

[Schumi]

If he actually does the coaching that he's getting paid for, I wouldn't think they are breaking the rules.

[Leejo]

post from last may below




i told bohs fans this last may-its cheating the system . Let the powers that be decide . Dont blame fans of other teams for bringing it to the autorities attention if your mc is breaking the rule

What was the point in dragging a thread up from 3 months ago to say that? You've highlighted the same point about this in the other thread already.

[Dodge]

What was the point in dragging a thread up from 3 months ago to say that?

Can't find online link


Irish Daily Mail
Thursday, November 26, 2009
PHILIP QUINN

THE BOH WAR!
Champs fire back as Rovers question spending

by PHILIP QUINN

THEY may have been close in the Premier Division table, but
relations between League of Ireland rivals Shamrock Rovers
and Bohemians are today strained to breaking point.
After the demise of Derry City and Kildare County, the latest image of the League is of its two most famous clubs engaged in a snarling catftght.
Back-to-back champions Bohs are livid that their Dublin rivals
have lodged an official complaint with the FAI querying their levels
of spending since 2005.

The Hoops have sought assurances from the FAI that bigspending Bohs have always stayed within the salary cap protocol that
limits clubs to spending no more than 65 per cent of turnover on
players' salaries. Rovers do not accuse Bohemians
of anything untoward, nor do they offer any proof of wrongdoing, but
it is clear they have misgivings about the sums their rivals spent
between 2005 and 2008. Bohs official Gerry Conway is
adamant the Gypsies have played things by the book but the FAI
have taken note of Rovers' remarks and will be putting them to Bohs,
and their club auditors, at their next meeting.
Rovers have highlighted a number of areas of concern: specifically, the
sums Bohs have spent on training facilities, on fielding under-age
teams and in fund-raising, where their costs have jumped by 1,900
per cent from 2005 to 2008. In their letter to the FAI's
compliance officer, Padraig Smith, Rovers also point out that Bohs
continue to have four members on their bar staff even though their sed from
€77,000 in 2005 to €30,000 in 2008.

They note that Rovers spent €428,555 on wages to their man-
agement staff in 2008, an increase of 50 per cent, and managed to do
all this while "keeping their salary spend on players within
the FAI's 65 per cent limit. Rovers are puzzled that
Bohs had to pay €190,000 for training facilities in 2008 —
Rovers' own outlay is about €35,000, for facilities at Peamount and
Sacred Heart in, Tallaght — and that covers their first team, A team and Under 20s.
And they are mystified at how it cost . Bohs €130,000 'to run their
schoolboy teams last year. In comparison, it cost Rovers 64,000 to
field 22 teams, while Bohs run 15. Conway, the Bohs secretary, said
he was 'outraged' at Rovers meddling in Bohs' financial affairs.
'It's a bit rich that Rovers should be interfering into our business.
This is a club who submitted false accounts a few years ago and went
into examinership.
'We've nothing to answer here. I'm fully satisfied we can stand
over our figures. Our accounts are audited by auditors who operate
under the laws of chartered accountants,' he added.
Conway, who only became aware of Rovers' letter when contacted
by Sportsmail yesterday, rebutted the points they raised.
'The training facilities at DCU are among the best anywhere in
the country. The arrangement we nave includes access to me
elite athletic facilities also used by the Dublin footballers. We have access to
dieticians, nutritionists, physios, doctors — and all that comes at a price.' Conway accepted the schoolboys outlay was steep but said the club forked
out €60,000 in 2008 on kitting out teams.
'There is nothing hidden there,' he vowed. 'We showed we spent over
€1.9m on players' wages in 2008. How up front is that?' Ill-feeling has existed between the clubs for months but off-field issues were parked as the teams
went toe for toe for the title. Rovers have felt a sense of resentment towards their northside rivals after they opposed the prestige friendly bringing Real Madrid in Tallaght in July.
There was further discord when Bohs felt Rovers striker Graham
Barrett was acting unofficially as a players' agent after allegedly
approaching Brian Shelley about a possible move to the English
League — a claim Rovers denied. Bohs also claimed midfielder
Joseph Ndo was subjected to racist abuse from Rovers fans in
last month's clash at Tallaght — the claim was unsubstantiated.
According to Conway, Bohs have stayed constantly under the 65 per
cent SCP limit but if the FAI's compliance department finds the
sums don't add up, there could be repercussions for the Gypsies.
FAI compliance chief Smith explained last night that the finan-
cial statement submitted by Bohs for the year ending November 30,
2008 had been signed off by auditors Whelan Bowling and Associ-
ates, who said they presented a'true and fair view of the state of
the company's affairs'. He added: 'While the comments
forwarded to us by Shamrock Rovers present no evidence of
financial irregularity, in keeping with the FAI's financial monitoring
process we will raise these points during our next scheduled meeting
with the club and their auditors.'

The episode is the latest postscript to the financial morass into
which the League has sunk. After the difficulties of former
title winners Shelbourne, Cork City and Drogheda United in
recent years, another scandal involving the champions is the last
thing the League needs.

ll! BOHS midfielder Joseph Ndo could be the first close-season
signing for newly-promoted Sporting Fingal.

HEY, BIG SPENDER
Where Bohs'cash went in 2008
Training expenses: €190,883
(up €30,364 on 2007)
Underage teams €130,816
(up €114,971 on 200T)
Fund-raising: €94,525
(Up €89,875 on 2007)
Team management and staff:
€428,555 (up €139,116)

[Leejo]

http://foot.ie/forums/showthread.php?t=128682 ;)

The post I'm referring to is the 82nd one, seems very needless and very "look at me" to highlight his point here when he's already made it in a newer thread that his point has more relevance to it...

[Dodge]

aye, just spotted it. Been away for the day