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twoenz
10/11/2009, 12:08 PM
I agree.

But this begs the question as to why the FAI decided to go all out on us, when the passage of a very short amount of time (probably a fortnight), we would've hung ourselves anyway (debt, 65% shareholding, Dungannon, Linfield gate money, players wages........).

It was like stamping on the toes of someone clinging to a window ledge whose grip was slipping anyway.

One argument could be made is that the FAI are doing this in order to actually increase the chance that we'll have a team next season by forcing regime change and with it our chances of getting a license.

But thats almost the equivalent of using a nuclear bomb to quell a riot.


I'd tend to agree with this. By focusing on this issue, and pulling the possible safety net of prize money away from the board they're going to force the end of the club forward a lot.
SMorgan
10/11/2009, 12:22 PM
Not "throwing good money after bad" may explain why the FAI are withholding DCFC's Prize money i.e. they don't want to hand over €80k to Wellvan, so that in a couple of months time Wellvan collapses with debts of, say, €420k, rather than €500k.

Indeed, if Delaney is taking a pragmatic view, it may explain why the FAI is acting just now i.e. any earlier would have screwed up the 2009 Season, any later risks dragging it all into the 2010 season.

Meanwhile, intervening now allows DCFC the maximum time to clear up the existing mess and put something in its place for next season.

They won't give Derry C the €80k because €60k of it is Dundalk's!!!
EalingGreen
10/11/2009, 1:17 PM
They won't give Derry C the €80k because €60k of it is Dundalk's!!!

In what way? Outstanding transfer fee?

Anyhow, I doubt the FAI will have any trouble finding a good home for it - better than Wellvan, at any rate!
Krstic
10/11/2009, 1:27 PM
I personally think Derrys big problem isn't the FAI, because I'm quite sure that the FAI will accept them again for next season in the 1st divison (the division below the top division in case it's called something else). I think the big problem is the debt. liquidation looks more of a threat than anything else, from where I sit.

Spot on SB. I think that this has been a very welcome distraction for the board. It focuses the Fans anger at the FAI rathen than the Derry Boards' incompetence.
Even though, by the sounds of our Lawyer we probably have the FAI on a technicallity, it really doesn't matter as we have a debt of £500,000 that will put us to the wall anyway.
Flexy
10/11/2009, 1:40 PM
Spot on SB. I think that this has been a very welcome distraction for the board. It focuses the Fans anger at the FAI rathen than the Derry Boards' incompetence.
Even though, by the sounds of our Lawyer we probably have the FAI on a technicallity, it really doesn't matter as we have a debt of £500,000 that will put us to the wall anyway.
All these latter posts are making sense around the £80k being held back. Ive no qualms about being relegated, if Wellvan do go into liquidation and sease trading could the fans and a new group be set up a new company and still receive the £80k plus the European money gained from this yrs Europa League. I think if it isnt then the money should be dished out between the other 21 clubs or even help promote the A Championship clubs
MariborKev
10/11/2009, 2:09 PM
Ive no qualms about being relegated, if Wellvan do go into liquidation and sease trading could the fans and a new group be set up a new company and still receive the £80k plus the European money gained from this yrs Europa League.

No, it couldn't.
tiktok
10/11/2009, 2:15 PM
if Wellvan do go into liquidation and sease trading could the fans and a new group be set up a new company and still receive the £80k plus the European money gained from this yrs Europa League.

The existing licence would go with Wellvan, any new entity wouldn't have rights to prize money owing to Wellvan.
Hulsey
10/11/2009, 2:19 PM
Please remove us from your comment as we have not had any issues, financial or otherwise to deal with in the past few seasons.

Careful what you say sicuani, this may be an internet forum where you can spout rubbish, but be aware that you cannot make up lies and expect to get away with it.

Magicme from my reading of that don't think he was trying to have a go at monaghan for having any kind of financial difficulties, more the fact that the country as a whole did, with every club effected even in small ways, lack of willing sponsors etc. Don't see how anyone could just throw a well run clubs name in for the sake of it.
Schumi
10/11/2009, 2:21 PM
I'd assume the prize money would go to Dundalk (who move up to fourth) with theirs going to whoever finishes fifth now (Sligo?) and so on down. There'll be €20 or whatever last in the first division gets left over but that's not a big deal.
cregganite
10/11/2009, 2:22 PM
What I can't get my wee head round is the fact that a lot of us assumed these dual contracts meant Derry were actually paying UNDER the going rate of wages because of their parlous financial situation.

Now it turns out we were paying well OVER the going rate. That was just crazy and I for one cannot fathom how the Board could ever justify it. Did they think Derry City were somehow immune to the economic facts of life ?
CSFShels
10/11/2009, 2:24 PM
I'd assume the prize money would go to Dundalk (who move up to fourth) with theirs going to whoever finishes fifth now (Sligo?) and so on down. There'll be €20 or whatever last in the first division gets left over but that's not a big deal.
And has been paid out already.
blue til i die
10/11/2009, 2:25 PM
I'd assume the prize money would go to Dundalk (who move up to fourth) with theirs going to whoever finishes fifth now (Sligo?) and so on down. There'll be €20 or whatever last in the first division gets left over but that's not a big deal.

Its €6,000
Magicme
10/11/2009, 2:28 PM
Magicme from my reading of that don't think he was trying to have a go at monaghan for having any kind of financial difficulties, more the fact that the country as a whole did, with every club effected even in small ways, lack of willing sponsors etc. Don't see how anyone could just throw a well run clubs name in for the sake of it.

I still dont want our club to be listed in such a manner as less intelligent people reading it may take it that we have something to hide or that we are in some sort of trouble.

Its not fair for on us to be linked in with rumours and speculation about other clubs.
shep
10/11/2009, 2:39 PM
its not fair for on us to be linked in with rumours and speculation about other clubs.
monaghan in match fixing scandal:d
redgav
10/11/2009, 3:00 PM
Makes for interesting reading

http://fai-lure.blogspot.com/
Magicme
10/11/2009, 3:28 PM
monaghan in match fixing scandal:d

Was proven we had nothing to do with anything of the sort.
pól-dcfc
10/11/2009, 4:11 PM
Derry players are on their way to Dublin for talks with the FAI. Make or break time now.
brendy_éire
10/11/2009, 4:19 PM
Derry players are on their way to Dublin for talks with the FAI. Make or break time now.

Radio Ulster only said that the players had a meeting.
pól-dcfc
10/11/2009, 4:19 PM
Oh and according to sources (likely taxi men) the board is about to resign. Hoisted by our own petards.
brendy_éire
10/11/2009, 4:25 PM
Darren Quigley on Radio said he wasn't the whistleblower.

Seriously, ye couldn't write this stuff.
iceman
10/11/2009, 4:28 PM
Darren Quigley on Radio said he wasn't the whistleblower.
John Delaney had his bank statements in his hand on RTE News last night.
Candystripe
10/11/2009, 4:30 PM
The sh it is about to hit the fan in the next hour if what I heard is true and my source has never been wrong.
Aaron
10/11/2009, 4:31 PM
The sh it is about to hit the fan in the next hour if what I heard is true and my source has never been wrong.

For who Candystripe?
dortie
10/11/2009, 4:32 PM
Darren Quigley on Radio said he wasn't the whistleblower.

.

I wonder why !!! Its only contributed to the fall of an 80 year old club if indeed it was true.
Partizan
10/11/2009, 4:33 PM
The sh it is about to hit the fan in the next hour if what I heard is true and my source has never been wrong.

spill it.
Aaron
10/11/2009, 4:33 PM
I wonder why !!! Its only contributed to the fall of an 80 year old club.

If we hadnt of given out dual contracts in the first place then we wouldnt be in this ****. Darren Quigley is totally blameless for me.
dortie
10/11/2009, 4:36 PM
The sh it is about to hit the fan in the next hour if what I heard is true and my source has never been wrong.

Heard myself....
SMorgan
10/11/2009, 4:40 PM
Why? What will happen?
Sam_Heggy
10/11/2009, 4:44 PM
Why? What will happen?

Pat McDaid is to be tarred and feathered outside the Badger at 6.15pm this evening. Again that's according to my source - the drunk taxi man on Aranmore, Skippy.
Sam_Heggy
10/11/2009, 4:48 PM
I wonder why !!! Its only contributed to the fall of an 80 year old club if indeed it was true.

So the financial side would have been overcome?
To blame a player is mental, the club f*cked him over [open to correction] by not paying him something like 8 weeks wages, I assume he had a mortgage to pay and possibly a family to keep?
sligored
10/11/2009, 4:52 PM
Heard myself....

come on - please enlighten us
Aaron
10/11/2009, 4:52 PM
The rumour is our board are about to resign, the players are going to admit to bonuses but not dual contracts, Paul Diamond and Hugh McDaid are returnng and we will be in the 1st division next season
dancinpants
10/11/2009, 4:53 PM
Oh and according to sources (likely taxi men) the board is about to resign. Hoisted by our own petards.

This one is gathering steam.
CSFShels
10/11/2009, 4:55 PM
Surely Tralee Dynamos, Castlebar Celtic, Tullamore Town, FC Carlow and Cobh Ramblers (in that order) would all have the right to apply for a First Division licence ahead of Derry City? Even Kildare County actually, as unlikely as that might be.
Longfordian
10/11/2009, 4:58 PM
You'd have thought so but the FAI were being very vague as to what level they could come back in at.
OneRedArmy
10/11/2009, 5:04 PM
We have drums and jester hats.

We'll be back :cool:
brendy_éire
10/11/2009, 5:07 PM
Darren Quigley on Radio Ulster:

"I had to go to the FAI". "The FAI are my SIPTU".
"I don't know how anyone can admit to the FAI that they have two contracts when they don't know they have two contracts". [referring to himself]
CSFShels
10/11/2009, 5:07 PM
You'd have thought so but the FAI were being very vague as to what level they could come back in at.
Considering they've to reapply for entry, I don't think the FAI have any choice here if the A league sides want entry to the First Division, the bigger question would be if any of them are ready, and I would think not.
Longfordian
10/11/2009, 5:09 PM
By all accounts Tralee are anxious to step up and are building a stand, but I'm not sure if it would be ready in time.
CSFShels
10/11/2009, 5:13 PM
By all accounts Tralee are anxious to step up and are building a stand, but I'm not sure if it would be ready in time.
Wexford hadn't built their stand by the start of their first season in the league though, right?
Schumi
10/11/2009, 5:14 PM
Considering they've to reapply for entry, I don't think the FAI have any choice here if the A league sides want entry to the First Division, the bigger question would be if any of them are ready, and I would think not.

They might mysteriously fail on some licensing criterion or other.
sonofstan
10/11/2009, 5:24 PM
We have drums and jester hats.

We'll be back :cool:

Can you come back without the drums? thanks in advance.
OneRedArmy
10/11/2009, 5:25 PM
Can you come back without the drums? thanks in advance.Don't worry, there's a good chance they'll be repossessed.
thischarmingman
10/11/2009, 5:40 PM
Heard the same rumours from several sources myself, standby for an announcement...
brendy_éire
10/11/2009, 5:44 PM
UTV report http://www.u.tv/UTVMediaPlayer/Default.aspx?vidid=126646&chapid=103295&arti_id=7fe37a2d-8633-4126-b17d-c7a0f6b959a4

Including some vintage footage against Longford. We'll seem them next season too.
brendy_éire
10/11/2009, 5:51 PM
Quigley on RTÉ said he went to Fran Gavin after he couldn't get in touch with Pat McDaid about wages. Said what he was owed, Gavin said that's not what you should be getting paid.

On BBC News: Directors held a meeting this evening. The meeting has broken up and another meeting will be held tonight.
thischarmingman
10/11/2009, 5:58 PM
...and for real-time discussions, chatroom here:
http://www.irishfootienetwork.com/derrycitychat/chat/index.php3
SwanVsDalton
10/11/2009, 6:03 PM
Big meeting tonight is the word.

Is Darren Quigley the only player is LOI history to be failed to be paid by two clubs at the same time? By the loan agreement, Fingal allegedly paid Derry 75% of wages, which the club pocketed and then failed to pay Darren his 'actual' amount.

As has been said, you couldn't make it up.
dancinpants
10/11/2009, 9:02 PM
Official: Board have resigned.
dortie
10/11/2009, 9:08 PM
Official: Board have resigned.

I wonder what crazy individual will put themsleves forward now. Meanwhile Stephen Kenny still remains exempt from it all !!