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yiddo
17/02/2010, 11:15 AM
Derm this newly uncovered debt when was this uncovered?
I thought Due dilligence had previously been performed?

This is real due dilligence the last time round it was the TNB version of due dilligence ;)

derm
17/02/2010, 11:18 AM
Derm this newly uncovered debt when was this uncovered?
I thought Due dilligence had previously been performed?

The consortium examined figures covering debts which I presume was supplied by TNB. The completion of the takeover was always subject to a proper due diligence which has been in process since Monday. These "new" debts have been uncovered as part of this due diligence process.

pineapple stu
17/02/2010, 11:23 AM
Derm this newly uncovered debt when was this uncovered?
I thought Due dilligence had previously been performed?
I think Quinta were bidding, and then pulled out after doing due diligence; that was only a couple of weeks ago. Now there's due diligence to be done by the Quintas/FORAS consortium. Maybe Quintas pulled out very early on in the due diligence phase, such was the rubbish provided by TNB, and now they want to go into proper detail?

Edit - latest on the CCFC forum is that there's more debt than was previously thought, which is putting the whole takeover in doubt. Apparently the amounts which TNB agreed to pay to get the club out of examinership were never paid. 96FM reporting the debt is now E800k.

Fr Damo
17/02/2010, 11:34 AM
Does it not?

E90k for an away trip is E3k a head, give or take - 18 players, manager, assistant manager, physio, couple of officials, injured players; a party of 30 all told, say. Does it really cost E3k a head for a three-day holiday? How much does chartering a plane cost?

Depends, but you'll be paying by the hour that's for sure. Not many Europa destinations are 18 -30 spots so unlikley to have back load while waiting for the match to be played!.
Trip out ,four hours, wait on Tarmac for say 36 and 4 hours home. Plus crew. I called Aerarann about getting one of their ATR 42s (42 seater) from Galway to Derry, they wanted 16k back in 2004.

redgav
17/02/2010, 11:36 AM
I think Quinta were bidding, and then pulled out after doing due diligence; that was only a couple of weeks ago. Now there's due diligence to be done by the Quintas/FORAS consortium. Maybe Quintas pulled out very early on in the due diligence phase, such was the rubbish provided by TNB, and now they want to go into proper detail?

Read Yiddos comment again ...previous takeover/consortiums pulled out because all they got was TNB's version of due diligence,not actual due diligence.This time we are getting the books ,notes on beer mats,empty B&H boxes and scribbles on unused bookie slips too so more stuff is appearing.
Quintas I'm not sure ever were going to buy the club ,they've always been faciliators playing with other peoples money

pineapple stu
17/02/2010, 11:40 AM
Depends, but you'll be paying by the hour that's for sure. Not many Europa destinations are 18 -30 spots so unlikley to have back load while waiting for the match to be played!.
It's probably me not knowing much about European games, but given how many flights to how many places there are these days, can you not just book 30 seats on Aer Lingus?



Read Yiddos comment again ...previous takeover/consortiums pulled out because all they got was TNB's version of due diligence,not actual due diligence.This time we are getting the books ,notes on beer mats,empty B&H boxes and scribbles on unused bookie slips too so more stuff is appearing.
*Thanks*

refjohn
17/02/2010, 12:01 PM
It's probably me not knowing much about European games, but given how many flights to how many places there are these days, can you not just book 30 seats on Aer Lingus?

Sometimes you can - depends where you are going. Derry used scheduled for Latvia - but as League will not postpone your game after a trip - you may get home in the early hours of Saturday (if scheduled flight late on Friday) and be playing in other end of country on Sunday!!! For that reason Derry chartered to Sofia - and the plane wasnt big enough to do it in one go - hence a stopover in Amsterdam or germany - which adds to the cost as well. It's a lottery and I'm sure Irish Chairman pray for a Northern club or Scotland / Wales.

pineapple stu
17/02/2010, 12:17 PM
Last time we played in Europe it was pre-season, so that's a fair point on the next league game. Although I would have thought that, for a game on Thursday, there's nowhere in non-Soviet Europe at least that you couldn't get home from by Friday evening at the very latest; bus to nearest vaguely big airport, flight to London and flight home.

sheao
17/02/2010, 12:28 PM
This was on the evening echo's twitter page!
http://twitter.com/CorkEveningEcho/statuses/9231868005

News Flash: There is a new twist to the Cork City FC financial saga. Tom Coughlan will be on Live Line @ 1.45pm to explain.

tippex
17/02/2010, 12:35 PM
any ideas sheao?

EDIT: started listening to live line (oh dear god....... - a woman has a major problem she can;t use her "zapper" to open her garage door or get into her car)

kid creole
17/02/2010, 12:57 PM
She should try using it on the telly.

Dodge
17/02/2010, 1:06 PM
On europe...

While its complicated by the Europa draw now not being regionalised, there is still very few places Irish teams could get drawn where there'd be a need for a charter. pats flew to malta (via UK) and Samara (via London and Moscow) on commercial flights. Expensive, but still do-able

Add in extra sponsorship opportunities, an extra gate, and of course a decent amount of goodwill and press if you do OK and there's no reason not to get involved in europe IMO

kid creole
17/02/2010, 1:13 PM
Looks like its not coming on , no mention

sheao
17/02/2010, 1:17 PM
Looks like its not coming on , no mention

A lad on our forum said that he contacted Liveline and that Tom WON'T be on the programme today!

Scrufil
17/02/2010, 1:38 PM
So I listened to all that moany muck for nothing!!!!?

tippex
17/02/2010, 1:41 PM
So I listened to all that moany muck for nothing!!!!?

no wonder people are addicted to solpadine listening to that lol

HammerNThongs
17/02/2010, 1:52 PM
So I listened to all that moany muck for nothing!!!!?

One last gift of torture to the LoI community from Tom Coughlan.

Scrufil
17/02/2010, 2:03 PM
Now I know how your man at the end of the original Planet of the Apes film felt - 'Damn you. Damn you to hell!' (Or words to that effect)

tippex
17/02/2010, 6:50 PM
ok so updates now needed.
Cork were given 48 hours to pay revenue on monday.
Did TNB hand over the cash today or did the gimp miss another deadline?

question on the AIB account...
It had been reported that it was 60k overdrawn so that would mean that the 158k due into there account would immediately be whittled down to 98k and then they would have to pay the revenue 107k which would cause the account to be overdrawn to the sum of 9k.

would AIB allow that or would they have immediately cancelled the overdraft facility once the 158k hit the account.

Has there been any news on the takeover actually progressing? coz the last figures being bandied about was debt of 800k (107k to the revenue).
That would leave 693k divided up with other creditors of which the 2 boys in the consortium makes up about 280k which would leave the balance of debt roughly at 413k which is roughly 213k more than what the consrtium seemed to be prepared to go with.

Just trying to get it all straight in my head atm.

Nah Nah Nah Nah
17/02/2010, 7:35 PM
Seeing as the new consortium seem to only want to take over if Cork are in the premier league next season what will happen to them if they get relegated at the end of the season? Will they suddenly decide to jump ship?

naoise kennedy
17/02/2010, 8:16 PM
press release on bray web site..http://foot.ie/clear.gifhttp://foot.ie/uploads/pics/bwafc-ls150_49c6b3.jpg (http://foot.ie/index.php?eID=tx_cms_showpic&file=uploads%2Fpics%2Fbwafc-ls150_49c6b3.jpg&width=400m&height=400&bodyTag=%3CBODY%20bgColor%3Dblack%3E&wrap=%3CA%20href%3D%22javascript%3Aclose%28%29%3B% 22%3E%20%7C%20%3C%2FA%3E&md5=00faa5d9d000357d81503e5df72ff69e)
http://foot.ie/clear.gif

Bray Wanderers are highly critical of the way that the League of Ireland today issued the fixture list for the 2010 season.

General Manager Jack O'Neill said:
“We are absolutely dismayed that the League of Ireland has issued a set of fixtures which places Cork City who currently have no licence to play in the League of Ireland for the coming season in the Premier Division while Bray Wanderers who obtained a Premier Division licence have been placed in the First Division.

As the 10th ranked team to receive a Premier Division licence from the Independent Licence Committee we find it staggering that the fixtures have been released in such a fashion. It is our belief that the release of these fixtures in such a format is inherently flawed and should not have been released in this format in advance of the outcome of the High Court case involving Cork City and the decision of the Independent Club Licensing Committee on Monday 22nd February”

Doomofman
17/02/2010, 8:19 PM
Nice to see clubs speaking out about what the FAI are doing

Nedser
17/02/2010, 8:29 PM
If the decision on licensing was taken earlier only a handful of clubs would make it.Since licensing came in this has been going on. The FAI have been bending over backwards to try & get clubs through the process.You should either meet the criteria or not & if not you don't get a license,end of story. I think if this attitude was taken you would be surprised how quickly clubs would catch on. Like the old saying "Give them an inch & they'll take a mile"



I think you're broadly agreeing with me, but what makes you say if the decision was taken earlier only a handful of clubs would make it. I think 15 clubs have been granted Premier licences (excl Cork). Can you give examples of what all those clubs did between Christmas and now to get over the line? And given that some will deffo be in the First Division, why would they bother doing anything extra to get a Premier licence? I suspect that now we're a few years into licensing the majority of clubs would have complied with requirements in December if the decision was taken then (i.e. if they knew the decision was going to be taken then).

jan molby
17/02/2010, 9:32 PM
rumour has it the license committee is to head up NAMA .More good news for the bankers

Buile Shuibhne
18/02/2010, 5:55 AM
ok so updates now needed.
Cork were given 48 hours to pay revenue on monday.
Did TNB hand over the cash today or did the gimp miss another deadline?


Has there been any news on the takeover actually progressing? coz the last figures being bandied about was debt of 800k (107k to the revenue).
That would leave 693k divided up with other creditors of which the 2 boys in the consortium makes up about 280k which would leave the balance of debt roughly at 413k which is roughly 213k more than what the consrtium seemed to be prepared to go with.

Just trying to get it all straight in my head atm.


from the Indo:


Cork debts close to €900k

By Neil Ahern
Thursday February 18 2010

THE potential takeover of Cork City remained in the balance yesterday after the local consortium hoping to purchase the club found that it has debts of close to €900,000.

The local consortium had been informed that the debts were at €600,000, but were not prepared to purchase the club until they filed through the level of potential debt.

The Leeside outfit's tax bill, meanwhile, was cleared yesterday after their AIB account was unfrozen by the High Court on Monday, allowing Tom Coughlan to transfer the €107,653 to the Revenue's accounts.

weecountyman
18/02/2010, 6:09 AM
I'm not sure if I believe the latest coming out of the takeover bid, mainly because it is most likely a normal business ploy to push up the debts to get a better deal from the seller - if Cork City is a car then it has 4 bald tyres, no windscreen wipers, a clunking noise under the bonnet, in need of new bearings, filters, sparks, has a hole in the exhaust, and has a different coloured drivers door.

SMorgan
18/02/2010, 7:50 AM
The FAI appears to have lost sight of what the licence is about and why it was required. In recent days the FAI have stated that the primary function of the licensing system is the protection of creditors and employees of clubs. This is nonsense and little more than the FAI doing the groundwork to allow Cork City stay in the Premier Division. That just lets clubs spend like there is no tomorrow and then play an emotional card when clubs are called to account.

The Licensing system is about fair play. It’s about creating an even basis on which the league can operate and that clubs don't benefit from irresponsible management and poor financial control. To say that a primary function of the licensing system is to protect club employees is to allow clubs act as they want and then try to make the FAI responsible for the mess they get themselves into. For the FAI to adopt such an approach is to give a way-out for the likes of Cork who have sole responsibility for looking after its own creditors and employees. The FAI has to do the right thing and give Bray their rightful place in the Premier Division and give Dundalk the European spot which they deserve. Any other result will leave the domestic game open to ridicule. And please don’t tell me that it’s not the FAI, it’s an “Independent Committee”.

http://www.rte.ie/sport/soccer/2010/0218/bray.html

derm
18/02/2010, 8:09 AM
I'm not sure if I believe the latest coming out of the takeover bid, mainly because it is most likely a normal business ploy to push up the debts to get a better deal from the seller - if Cork City is a car then it has 4 bald tyres, no windscreen wipers, a clunking noise under the bonnet, in need of new bearings, filters, sparks, has a hole in the exhaust, and has a different coloured drivers door.

The consortium is offering to buy 10,000 shares at 1 cent a share and take on the debts. €100 for the club. It also has indemnified itself against debts over 600k. Tommy will be liable for these (although he will have to be chased through the courts no doubt). There is no better deal and every one knew that there was a real possibility of debts hidden in the woodwork.

razor
18/02/2010, 8:19 AM
More debts emerging by the day.
The fact that Tom is owed money for office rent is Rushbrooke is sickening.
I'd rather let him rot at this stage.

Also now that he has paid the taxman from the Long/Meyler money, what has happened the 50K extra?

weecountyman
18/02/2010, 8:34 AM
More debts emerging by the day.
The fact that Tom is owed money for office rent is Rushbrooke is sickening.
I'd rather let him rot at this stage.

Also now that he has paid the taxman from the Long/Meyler money, what has happened the 50K extra?

The leftover money is gone on an overdraft, I thought, which would preclude a licence.


The consortium is offering to buy 10,000 shares at 1 cent a share and take on the debts. €100 for the club. It also has indemnified itself against debts over 600k. Tommy will be liable for these (although he will have to be chased through the courts no doubt). There is no better deal and every one knew that there was a real possibility of debts hidden in the woodwork.

Derm, you probably can't answer this, but what is happening with the current players (George, Dave etc) and coaching staff (Roddy and his dream team) who are under contract of some sorts? Surely the players who've been lining out for pre-season, and those who are still under contract, are not just doing it for the good of their health.

derm
18/02/2010, 8:42 AM
The leftover money is gone on an overdraft, I thought, which would preclude a licence.

Derm, you probably can't answer this, but what is happening with the current players (George, Dave etc) and coaching staff (Roddy and his dream team) who are under contract of some sorts? Surely the players who've been lining out for pre-season, and those who are still under contract, are not just doing it for the good of their health.

I'm not 100% sure if the AIB overdraft is real or a rumour but either way revenue has been paid.

CCFC is under a transfer embargo. I think it's for breaking the 65% rule (though it might be for non-payment of players & staff). The players you mentioned (Dave and George) may have "signed" as such but they're not registered so no contracts exist. All but one of the contracted players (to my knowledge) are on strike until TNB steps down from the club.

yiddo
18/02/2010, 8:44 AM
Derm, you probably can't answer this, but what is happening with the current players (George, Dave etc) and coaching staff (Roddy and his dream team) who are under contract of some sorts? Surely the players who've been lining out for pre-season, and those who are still under contract, are not just doing it for the good of their health.

Afaik no one is getting paid most of them aren't contracted to the club and if they have agreed conracts theyre not registered. Cant be registered due to licence situation. Fora lot of them its just an extended trial and keeps them fit.

As for he manager whatever Roddy is he isn't a fool and the word is he got paid upfront by tnb.

disgruntled
18/02/2010, 8:50 AM
press release on bray web site..http://foot.ie/clear.gifhttp://foot.ie/uploads/pics/bwafc-ls150_49c6b3.jpg (http://foot.ie/index.php?eID=tx_cms_showpic&file=uploads%2Fpics%2Fbwafc-ls150_49c6b3.jpg&width=400m&height=400&bodyTag=%3CBODY%20bgColor%3Dblack%3E&wrap=%3CA%20href%3D%22javascript%3Aclose%28%29%3B% 22%3E%20%7C%20%3C%2FA%3E&md5=00faa5d9d000357d81503e5df72ff69e)
http://foot.ie/clear.gif

Bray Wanderers are highly critical of the way that the League of Ireland today issued the fixture list for the 2010 season.

General Manager Jack O'Neill said:
“We are absolutely dismayed that the League of Ireland has issued a set of fixtures which places Cork City who currently have no licence to play in the League of Ireland for the coming season in the Premier Division while Bray Wanderers who obtained a Premier Division licence have been placed in the First Division.

As the 10th ranked team to receive a Premier Division licence from the Independent Licence Committee we find it staggering that the fixtures have been released in such a fashion. It is our belief that the release of these fixtures in such a format is inherently flawed and should not have been released in this format in advance of the outcome of the High Court case involving Cork City and the decision of the Independent Club Licensing Committee on Monday 22nd February”

Perhaps they felt it would be unfair not to publish the fixtures because it would inconvenience all the clubs instead of just one or two. I can well understand why Bray should be upset at this turn of events but it would be a bonus for Bray if they were promoted to the Premier Div. It would be very difficult for them but a bonus none the less & they would have the option of staying in the 1st Div if they so wished.


I think you're broadly agreeing with me, but what makes you say if the decision was taken earlier only a handful of clubs would make it. I think 15 clubs have been granted Premier licences (excl Cork). Can you give examples of what all those clubs did between Christmas and now to get over the line? And given that some will deffo be in the First Division, why would they bother doing anything extra to get a Premier licence? I suspect that now we're a few years into licensing the majority of clubs would have complied with requirements in December if the decision was taken then (i.e. if they knew the decision was going to be taken then).

Just because 15 clubs have been granted Premier licenses now doesn't mean they would have been granted Premier licenses back when they made their applications.The licensing body frequently goes back to clubs for additional information before their applications are finalized.The whole idea of the licensing system is that clubs would strive to improve their standards with proper planning etc so that if they are offered or win a Premier Div place they will be ready to step up to the extra standards required.
As to clubs being compliant with the requirements the past season has showed that some clubs although they have a premier license are still sticking to the bad old ways which made the League of Ireland such a joke over the years.Some times old habits die hard.


I'm not sure if I believe the latest coming out of the takeover bid, mainly because it is most likely a normal business ploy to push up the debts to get a better deal from the seller - if Cork City is a car then it has 4 bald tyres, no windscreen wipers, a clunking noise under the bonnet, in need of new bearings, filters, sparks, has a hole in the exhaust, and has a different coloured drivers door.

I understand what you are saying but if you lived down here & knew Coughlan you would understand why this due diligence is happening in Cork.A better deal from the seller doesn't apply here as the seller Coughlan is getting nothing for the club. The problem is the debts the previous owner has built up & where he has hidden them.


The FAI appears to have lost sight of what the licence is about and why it was required. In recent days the FAI have stated that the primary function of the licensing system is the protection of creditors and employees of clubs. This is nonsense and little more than the FAI doing the groundwork to allow Cork City stay in the Premier Division. That just lets clubs spend like there is no tomorrow and then play an emotional card when clubs are called to account.

If the FAI had said no license straight away to Cork,the club would have gone out of business & any creditors or employees would have got nothing. By delaying the granting of a license the FAI have given time for a possible takeover of Cork so getting some guarantee that the creditors & employees would have some chance. You may not agree with it but it is within the license manual to do this.Many fans in Cork think they should have been thrown out & denied a license. I think people have most problems with the FAI because of the way they run the league but some clubs still have a lot to do to get away from the old way of doing things.

The Licensing system is about fair play. It’s about creating an even basis on which the league can operate and that clubs don't benefit from irresponsible management and poor financial control. To say that a primary function of the licensing system is to protect club employees is to allow clubs act as they want and then try to make the FAI responsible for the mess they get themselves into. For the FAI to adopt such an approach is to give a way-out for the likes of Cork who have sole responsibility for looking after its own creditors and employees. The FAI has to do the right thing and give Bray their rightful place in the Premier Division and give Dundalk the European spot which they deserve. Any other result will leave the domestic game open to ridicule. And please don’t tell me that it’s not the FAI, it’s an “Independent Committee”.


Dundalk didn't qualify for Europe because they didn't get the required number of points. Due to the problems in Cork last season they lost half a squad of players in the middle of the season & still Dundalk couldn't take advantage. The only reason Dundalk didn't qualify for Europe is because they weren't good enough.
As to Bray having a rightful place in the premier Div. Bray were relegated because they again didn't get the required number of points. They got a second chance when Derry were thrown out of the league but even then they couldn't take advantage. If Bray get into the Premier Div it would be a bonus & they don't have to move up if they don't want to.

tippex
18/02/2010, 9:08 AM
The level of debt that is starting to be bandied about is surely going to hamper the consortium if the takeover goes ahead.
I know if it was my money and we were bailing Bray out of it I would not be going in at the level of debt being mentioned.

It would take the club years to get over the level of debt being mentioned.

Real ale Madrid
18/02/2010, 10:10 AM
[/B]

Dundalk didn't qualify for Europe because they didn't get the required number of points. Due to the problems in Cork last season they lost half a squad of players in the middle of the season & still Dundalk couldn't take advantage. The only reason Dundalk didn't qualify for Europe is because they weren't good enough.
As to Bray having a rightful place in the premier Div. Bray were relegated because they again didn't get the required number of points. They got a second chance when Derry were thrown out of the league but even then they couldn't take advantage. If Bray get into the Premier Div it would be a bonus & they don't have to move up if they don't want to.

As a fellow lifelong CCFC I have to say I completely disagree . Dundalk didn't qualify for Europe because the team above them, CCFC cheated thier way to a higher position by employing players they could not afford, same with Bray re the Premier Division - Cork City didn't stick to the rules, Bray and Dundalk did.

By the sounds of all the debts emerging CCFC could not afford to pay any any players last season, which means we should have had a completly amateur side on the pitch which would have resulted in Dundalk currently holding the Europa lge spot and Bray still in the premier because Cork City would have been rock bottom and preparing for life in the first division.

The club licencing system should be protecting the likes of Bray and Dundalk who live within thier means - not prolonging the activites of people like TnB. I must admit I have great sympathy for them.

Dodge
18/02/2010, 10:25 AM
Just realised that because the licensing body is independent, sanctions can't really be brought to clubs for criticising it. Fair whack of irony there...

rambler14
18/02/2010, 10:50 AM
Nice to see clubs speaking out about what the FAI are doing

It would be nice to see more follow Bray in speaking up and if Cork get their Premier licence hopefully the teams who met their criteria refuse to play Cork City.

If Cork get a licence it will be the end of any sort credibility left for the FAI. They didn't hesitate in fecking Ramblers in to the A Championship for less but I suppose that was alright because Ramblers are only a small club.

Are Cork being allowed play in Europe btw??

Stevo Da Gull
18/02/2010, 11:01 AM
The league is doing well to bring attendances down, this must be encouraging casual fans not to waste their time with the league.

As for Bray, apart from the fact that the transfer window closes on the day we find out what division we're in, it has been mentioned in our forum that we won't be entering a team into the A-Championship if we're in the first division due to the cost. However if we're in the premier we would like to enter a team in the A-Championship.. this doesn't seem to bother the powers that be and it would appear we are being punished for playing by the rules. Regardless of who should be in what division, this should have been sorted by now - or at least don't fudge around with 'deadlines'.

tippex
18/02/2010, 11:17 AM
The league is doing well to bring attendances down, this must be encouraging casual fans not to waste their time with the league.

As for Bray, apart from the fact that the transfer window closes on the day we find out what division we're in, it has been mentioned in our forum that we won't be entering a team into the A-Championship if we're in the first division due to the cost. However if we're in the premier we would like to enter a team in the A-Championship.. this doesn't seem to bother the powers that be and it would appear we are being punished for playing by the rules. Regardless of who should be in what division, this should have been sorted by now - or at least don't fudge around with 'deadlines'.

Is it not part of licensing that if you are in the premier you are required to have a team in the A also?

tonydaly
18/02/2010, 11:27 AM
It would be nice to see more follow Bray in speaking up and if Cork get their Premier licence hopefully the teams who met their criteria refuse to play Cork City.

If Cork get a licence it will be the end of any sort credibility left for the FAI. They didn't hesitate in fecking Ramblers in to the A Championship for less but I suppose that was alright because Ramblers are only a small club.

Are Cork being allowed play in Europe btw??

You & I know that if Cork City get a Premier license clubs will NOT refuse to play them because the clubs won't stick together,they never have in the past & they won't start now.
Credibility & FAI are not words to be used in the same sentence. I think a lot of fans are correct in thinking that this is being done for geographical reasons. I can't think of any other reason. Its not that they're in love with Tom Coughlan. I'm ashamed to say I'm from the same city as him.The entire affair has a very bad smell to it.

Grasshopper 99
18/02/2010, 11:28 AM
Is it not part of licensing that if you are in the premier you are required to have a team in the A also?

it is, if Bray go up, they will have a form another team, Wonder would the Fai give a club like Bray so much time if we were in the same boat? Not a chance. The FAI have fecked up big time, now every club in future can take as long as cork and not get repermanded for it. The FAI are just truely the worst organisation in the world, even worse than our government.

osarusan
18/02/2010, 11:31 AM
Let's not forget that Cork haven't got a license yet. The licensing committee has waited on making a decision due to an ongoing court case (which, if what OneRedArmy has said is correct, they are obliged to do). I still see it as perfectly possible that after the conclusion of the court case, they will be denied a license.

tippex
18/02/2010, 11:37 AM
Let's not forget that Cork haven't got a license yet. The licensing committee has waited on making a decision due to an ongoing court case (which, if what OneRedArmy has said is correct, they are obliged to do). I still see it as perfectly possible that after the conclusion of the court case, they will be denied a license.

That is making a huge assumption that the FAI/ILC will do the right thing.....

OneRedArmy
18/02/2010, 11:47 AM
That is making a huge assumption that the FAI/ILC will do the right thing.....No its not.

Read the post again. He specifically said that its "possible", not that its definitive.

Anything is possible. And not in a good way.

OneForTheFuture
18/02/2010, 1:14 PM
it is, if Bray go up, they will have a form another team, Wonder would the Fai give a club like Bray so much time if we were in the same boat? Not a chance. The FAI have fecked up big time, now every club in future can take as long as cork and not get repermanded for it. The FAI are just truely the worst organisation in the world, even worse than our government.

The FAI/ILC will use this as the excuse to award Cork a Premier licence.... They will spin it so it looks like they are doin' Bray a favour.

tonydaly
18/02/2010, 1:46 PM
The FAI/ILC will use this as the excuse to award Cork a Premier licence.... They will spin it so it looks like they are doin' Bray a favour.

They are doing them a favor. Bray must have vertigo at this stage from going up & down between the divisions.
The FAI/ILC have set a very dangerous precedent with their dealing of this matter.Make a set of rules & stick to them. Stop bending them out of shape. Clean up the mess once & for all.
The League of Ireland is in a worse state since the FAI took over if that was ever possible.:mad:

refjohn
18/02/2010, 1:51 PM
Actually there might be a bigger issue - what if Cork don't get any license - that leaves one division a team short or did FORAS get their license last week but not publicised? It doesn't appear that any of the 'A' division teams can step up and with no allowance to sign players after Monday why would they?

Although am I right in signing Bray / Cork / whomever can still sign out of contract players - are there enough still hanging around to make a team?

passerrby
18/02/2010, 2:10 PM
Let's not forget that Cork haven't got a license yet. The licensing committee has waited on making a decision due to an ongoing court case (which, if what OneRedArmy has said is correct, they are obliged to do). I still see it as perfectly possible that after the conclusion of the court case, they will be denied a license.

the fai had ample reason and oppurtunity to desmise cork from an fai run league they used a pending court case to keep them in the frame they are not oblidged to do anything ,they could of refused any licence from cork on the grounds that they had not applied for one in the correct manner or on time and that they had consistantly dragged the league into disrepute but they (he) choose to keep them in the hunt , no other club was ever given that much latitide except when they choose to bypass licensing to keep derry in LOI

tonydaly
18/02/2010, 2:29 PM
Actually there might be a bigger issue - what if Cork don't get any license - that leaves one division a team short or did FORAS get their license last week but not publicised? It doesn't appear that any of the 'A' division teams can step up and with no allowance to sign players after Monday why would they?

Although am I right in signing Bray / Cork / whomever can still sign out of contract players - are there enough still hanging around to make a team?

If Cork don't get a license you will see FORAS in the 1st Div next season.

You can sign out of contract players at any time provided they became out of contract before the end of the previous transfer window & yes there are plenty of out of work players available.

centre mid
18/02/2010, 2:49 PM
Two seasons ago the IFA demoted Portadown for being 30 mins late in getting their documents in, that is how to administer a league. Make a rule and stick to it.