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

[Hulsey]

Do the licensing committee meet later today?

Is the takeover contingent on CCFC getting a premier division license, or is that even legal?

The judge sai that the license couldn't be a condition of the takeover, but you can guarantee that the fai gave them the nod for the premier license if the takeover goes through

[Dodge]

Do the licensing committee meet later today?

Is the takeover contingent on CCFC getting a premier division license, or is that even legal?
The new owners contacted the judge to say it was dependent on the license received. She said that there was to be no conditions attached to takeover

FAI could now call their bluff by not awarding them the license (but of course they'll just allow them in…)

[redobit]

Deal done IMO, firstr Div beckons though. FAI won't/couldn't allow a licience.
Will they make room (and the rules) for three go up next season I wonder.

Expand the premier from next season!

[SMorgan]

If Cork gets a Premier Licence then other clubs should come together and take some form of action. The awarding of a Licence will be totally unacceptable.

[tippex]

If Cork gets a Premier Licence then other clubs should come together and take some form of action. The awarding of a Licence will be totally unacceptable.

The clubs don't have the bottle to band together like that as they know it could be <insert any club here> next year / next month / next week

[Hulsey]

A more effective form of action could be if the fans of all the other clubs don't travel to Cork for away games, hit them where it hurts on the balance sheet

[luka]

The High Court judge has lifted the winding up order and the club is now owned by the consortium.

- Billy Barry on 96FM.

[Mr A]

I wonder will Bray be offered any moral compensation....

[Mr A]

CCFC forum:


96fm report is not correct

[pineapple stu]

"Not yet at least"

[tippex]

I wonder will Bray be offered any moral compensation....

A few million for work on the ground would be nice ;)

[redgav]

A more effective form of action could be if the fans of all the other clubs don't travel to Cork for away games, hit them where it hurts on the balance sheet

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

[osarusan]

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

Thanks for seeing the bigger picture.

[Leeside Swagger]

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.

[tippex]

interesting where this leaves the Rodster in all of this ;)

[pineapple stu]

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.
What?!

So we're back to square one then?

[Longfordian]

What debts have to be cleared? The objectors debts?.

[White Horse]

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.

Its like Groundhod Day or Deja Vu Syndrome.

[luka]

Lol..................I give up at this stage.

[Hulsey]

A more effective form of action could be if the fans of all the other clubs don't travel to Cork for away games, hit them where it hurts on the balance sheet

Highlighted this especially for redgav, now do you see how petty your post looks?

[El-Pietro]

no.

The club has been wound up this time - to be rubber stamped at 2pm tomorrow unless revenue are paid

The consortium has the money to pay the revenue ready to go, just waiting on a license in the next half an hour and it will be over.

[weecountyman]

http://www.examiner.ie/breakingnews/sport/final-court-bid-to-save-cork-city-447284.html

Rod on NT tonight.

Love this "put your money where your mouth is" but I have to ask, is it just me or does she seem a wee bit partial to old Tom?

[John83]

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.
The postponement to the postponement of the postponement of the winding up order has been postponed.

[Dalymountrower]

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

The infamous Carlisle Grounds wall?
Presumably if Cork aren`t RRS by that shower up in Dublin, Bray won`t be playing Cork in the league next season

[Jofspring]

A Stay has been put on the winding up order but not the granting of a licence so that could (should) still be gone by this evening.

[dong]

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

Brilliant! Well done on that one.
What about the crowds Shamrock rovers would bring down?

[Longfordian]

Company has been wound up but a stay has been placed on the order until 2 tomorrow. If a licence is granted and the revenue are paid before 2 tomorrow the deal will be done and the windup order will be lifted.

Its up to the FAI now. Not a hope in hell they can grant a licence as per their own rules...but...!

FFS enough is enough, **** or get off the pot consortium, enough hedging of your bets until you see what the Licence situation is.

[dong]

The postponement to the postponement of the postponement of the winding up order has been postponed.

This is depressing stuff.

[Buile Shuibhne]

Just to rewind a bit.

Is the 107K still due to Revenue - Did the Ladbrokes guy get the 100k instead that TNB was supposed to have paid to Revenue from the Long transfer money?

[Roo69]

The infamous Carlisle Grounds wall?
Presumably if Cork aren`t RRS by that shower up in Dublin, Bray won`t be playing Cork in the league next season

You mean the small pitch permitter wall that 250+ fans pushed against at the same time?

[harps1954]

no.

The club has been wound up this time - to be rubber stamped at 2pm tomorrow unless revenue are paid

The consortium has the money to pay the revenue ready to go, just waiting on a license in the next half an hour and it will be over.

What does this mean?

1. If the club are given a Premier Licence, they will pay the Revenue and the take-over will be complete.
2. If the club are given a First Division Licence, will the consortium pay the Revenue and the take-over will be complete.
3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.

Is it still a case of guns to the head of the FAI/ILC??

[Jofspring]

What does this mean?


3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.


I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.

[Dodge]

And again, if Cork are relegated this year will the Consortium walk away?

[The Lep]

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.

You got to be kidding ,. If they do get a licence it should be the A championship with a 30 point reduction, with 10 points off for good behaviour at the end of the season ;)

[Longfordian]

What does this mean?

1. If the club are given a Premier Licence, they will pay the Revenue and the take-over will be complete.
2. If the club are given a First Division Licence, will the consortium pay the Revenue and the take-over will be complete.
3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.

Is it still a case of guns to the head of the FAI/ILC??

Looks that way alright. How can the FAI justify being blackmailed into awarding a Licence?. As of this evening, nobody has been paid, no tax clearance cert.

[Dodge]

I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.


I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.

Except if the license isn't issued tonight, they can decide not to pay creditors tomorrow (seeing as winding up order has begun to proceed - according to above post)

[Jofspring]

Except if the license isn't issued tonight, they can decide not to pay creditors tomorrow (seeing as winding up order has begun to proceed - according to above post)

But i got the impression they agreed to takeover in the court case so that is binding and they cannot back out now. Did i miss something along the way?

[redgav]

License application meeting pushed back to 7pm

[tippex]

License application meeting pushed back to 7pm

oh you gotta be Sh**ing me....

[rocket]

does anybody really expect the FAI to do the right thing,

[weecountyman]

Wait, this is all over the place.
1. Didn't the FAI release funds from the Long transfer to Tom and co to pay revenue (which was done last Wednesday.
2. 2 reports on the radio - takeover not complete and takeover complete.
3. How can they justify giving a licence when blackmailed as it sets an almighty precedent.

edit: Licence to be given and battle ensues over shares with a pay off needed to rid the club of hangers on and then a series of court battles that cripple the progress of the club - I have an almighty fear of this happening and the ripple effect will hit other clubs - how much will external clubs rate our league, and thus players, in all this.

[pineapple stu]

The High Court has heard that a consortium willing to pay Cork City's debts will do so if they are granted a licence by the FAI by 5pm this evening.

Link. (http://www.breakingnews.ie/sport/final-court-bid-to-save-cork-city-447284.html#ixzz0gHgsJHkT)

[Mr_Parker]

I still can't get my head around FORAS buying a 20% share of a 1.2 million debt as opposed to starting a new club with a clean slate???

[Leeside Swagger]

Just heard there that O'Keeffe "owned" Long and sold him to Burnley (ala Tevez), thats why he is saying he should have been paid first. The Judge is seriously p1ssed as she wanted it sorted today.2pm tomorrow is the new final deadline but we've heard that before....

[Fr Damo]

At last............ a use for "An Modh Coinniolach"

[higgins]

If Cork City FC has changed ownership then the licence committee need to now dish out the punishment for the broken deadlines, 65% salary cap, non payment of players, non payment of creditors and the lies told.

That was all done in the name of Cork City FC, I don't care who the owner was at the time...

The FAI/ILC have never let a change of owner wipe the slate clean previously.
Why should they do it now?

[SMorgan]

I hope that a number of LOI clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.

[redgav]

Wait, this is all over the place.
1. Didn't the FAI release funds from the Long transfer to Tom and co to pay revenue (which was done last Wednesday.
2. 2 reports on the radio - takeover not complete and takeover complete.
3. How can they justify giving a licence when blackmailed as it sets an almighty precedent.

edit: Licence to be given and battle ensues over shares with a pay off needed to rid the club of hangers on and then a series of court battles that cripple the progress of the club - I have an almighty fear of this happening and the ripple effect will hit other clubs - how much will external clubs rate our league, and thus players, in all this.

1. The money looks like it was paid by Stephen O'Keeffe which was a loan and what ****ed off the revenue so much,not gotten the full story from the court yet though
2.NEVER EVER trust Billy Barry
3.Don't care ..im off out to get hammered to celebrate a TNB freezone and the end to a 2 year nightmare

[tippex]

I hope that a number of LOU clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.

Where's Maxi when you need him ;)

Have we got our own Maxi? Roo how are you fixed ;)

[mr.untitled]

It is very sad to see FORAS as part of a consortium that is bullying its way to a PD license, have they learned nothing from this whole sorry mess? The FAI should hold off awarding the license till after 2 tomorrow. Its bray I feel for.