Cork City denied a licence; club to be wound up; FORAS to enter First Division

[tippex]

now would that be cadbury's fudge or that cheap Euro shop shoite?

I'd only be going with the premium fudge if I'm honest

[Hairy Bowsie]

Frank And Irene only do premium fudge

[Longfordian]

I'd be surprised if it shows up in the end of year accounts for Frank and Irene's little enterpise as a loan to Cork City. Expenses probably.

[juan]

Stands to reason why a club employee was paid in cash on wednesday night from it.

[don ramo]

jaysus i thought we made a balls of friendlies, poor Frank And Irene were they not reminded to be at the gates to get there money back,

[dcfcsteve]

Are the FAI not taking the Celtic money?

Is that a colloquialism for 'taking the p!ss'....?

[marinobohs]

Frank And Irene only do premium fudge

but the portions are huge

[Mr A]

According to the Cork forum:

The petition has gone in, but as the courts are in recess, it'll be heard whenever they come back.

[tiktok]

The Mathews Case will probably be heard in October/November as well it seems.

[Mr A]

Increasingly it seems to me that it may have been better to start afresh than have this slow motion train wreck continue, especially with thon plonker at the wheel.

[Ezeikial]

The Mathews Case will probably be heard in October/November as well it seems.

Ay idea of the size of the potential liabilities with Mathews and Farrelly?

[tiktok]

Ay idea of the size of the potential liabilities with Mathews and Farrelly?

Farrelly's is €36,000. The award has already been won in court but not yet paid, hence the rumoured winding up order.

Mathews was rumoured to be on anything up to €150,000 with a potential two years left at the club. I guess he could look for a €300,000 award [that's the figure being bandied about most often down here] but i don't think it's as straightforward as multiplying years by wage.

[Longfordian]

If he won his case I'd be surpised if he came out with less than 100-150k anyway, though I guess it depends what sort of cash he's earning in Drogs in terms of loss of earnings.

[SMorgan]

According to the Cork forum:
The petition has gone in, but as the courts are in recess, it'll be heard whenever they come back.

Which could be within 10 days

http://www.herald.ie/sport/soccer/another-court-date-for-city-over-unpaid-farrelly-debt-1886622.html

[Mr A]

Confirmed on CCFC forum

winding up order filed yesterday
CORK CITY INVESTMENT FC LIMITED -V- COMPANIES ACTS 1963-2009 2009/515 COS
Issue Date:
15/09/2009

More wind-ups than a Bohs-Rovers thread on foot.ie at this stage.