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gufc2000
01/02/2011, 9:18 AM
Nick Leeson reportedly standing down as CEO of Galway Utd

Terry-Lander
01/02/2011, 9:52 AM
............but remaining on the board as a major shareholder. There will be no real progress until he is gone completely.

Mr A
01/02/2011, 12:37 PM
Getting a big wage gone is progress anyway.

Mr Maroon
01/02/2011, 3:16 PM
Getting a big wage gone is progress anyway.

According to the agreement he made with himself while he was CEO, he'll still get paid what he is "owed" over a period of months. He's also still a 50% shareholder.

Mr A
01/02/2011, 4:13 PM
How did the shareholding come about? I would have thought that given the amount of money sunk in the club by directors down the year (based on the debt figures in the accounts) that they would have all had some manner of shareholding. Seems kinda mad.

geezer
01/02/2011, 4:23 PM
was all that was in the company last week, a bit of financial re engineering and loans have been converted to shares, The supporters raised nearly 30k alone in december to keep the show on the road and in a gesture of goodwill to the board while mediation took place. Supporters were not welcomed or asked to participate in the allocation of shares. Gust have contributed over 80k to the club in various activities since summer. Hopefully we can all get on with the important task of pre season but people are genuinely scared of GUFC Ltd and its culture

Mr Maroon
01/02/2011, 5:16 PM
"Galway United, after strenuously reviewing its budget proposals for 2011 and paying due cognizance to the difficult trading circumstances that currently exist, the paid Administration role at the club is to be discontinued. Nick Leeson was an integral part of these discussions and has decided to step down from the role of CEO forthwith. Nick will remain as a shareholder of the football club and will continue to represent the club in his facilitation role with the FAI. Galway United chairman John McCormick, who paid tribute to the work carried out by Nick Leeson over the past number of years, said that a new voluntary committee will be formed to oversee the day to day running of Galway United FC. All stakeholders in the football club and football in Galway will be consulted and hopefully represented within this organization."

thischarmingman
01/02/2011, 8:34 PM
"Galway United, after strenuously reviewing its budget proposals for 2011 and paying due cognizance to the difficult trading circumstances that currently exist, the paid Administration role at the club is to be discontinued."

Seriously, do these people read over their work before sending it out?

geezer
01/02/2011, 9:33 PM
that plike has driven the club kamikaze like into the ground,

Dont be surprised by what you read from the plike.

Still im looking forward to the first game of season in the premier thats all that matters

The board and the ceo were all the one man

gufcfan
01/02/2011, 10:19 PM
Seriously, does this person read over his work before sending it out?
FYP.

Nick is the one in control of the club.

The board have nothing to do with the day to day. They may have so called "board meetings" but the real decision is made in Nick's twisted mind, regardless of anything anyone says.

Mr A
01/02/2011, 11:23 PM
In fairness, the guy is due a break at this stage.

Terry-Lander
02/02/2011, 7:01 AM
...........preferably of the neck.

Spudulika
02/02/2011, 7:26 AM
While I understand the normal (is it better to say - standard) fan ire at "those who would rule", I find it a little over the top and possibly with ulterior motives this whole campaign. Galway, as a city, is dead for sport. There is so little assistance from the city or county councils that it's embrarassing, yet crusties with no talent other than the inability to wash, receive the loving assistance of the authorities. This still doesn't take away from a club, GUFC, that has always punched above it's weight and despite the best efforts of Nick Leeson and some others, will enjoy the odd day in the sun and survival is key for local football. Galway looked like they would become the next Drogheda, and it still could be, though not in a good sense. There is so little interest, internationally or locally, in properly investing in Irish football that it was always going to be a hard/impossible ask for the CEO and staff. Galway have contributed greatly to football in the country, no, make that sports. It was the foresight of the club that saw them bridge the gap with the GAA to begin the long slow march (still ongoing) towards the realisation that all sports bodies in Ireland need to combine their resources.

John83
02/02/2011, 8:52 AM
...crusties with no talent other than the inability to wash, receive the loving assistance of the authorities...
Is there a Spud-English dictionary online somewhere?

Spudulika
02/02/2011, 11:40 AM
Is there a Spud-English dictionary online somewhere?

Maybe it was the spud in my mouth :-)

Basically those wannabe hippy types who seem to land arts grants for their refusal to acknowledge the presence of soap or shampoo in the world (don't they realise you can get massive bottles of the stuff - WITH CONDITIONER - for next to nothing in Lidl!). Last time I was in Galway was with the Connacht Branch and we were discussing the state of play for rugby. What they have to go through just to run events is madness, and for football it's the same. While for GAA, the last time I was at a game was Ireland-Australia and while the play on the pitch was surprisingly fair and fast, the atmosphere was more suited to a funeral.

passerrby
02/02/2011, 11:46 AM
[QUOTE=Mr Maroon;1447201the difficult trading circumstances that currently exist,."[/QUOTE]

hmm now where would that sentence have began life

Dodge
02/02/2011, 11:55 AM
wait, what!? Leeson owns half of Galway United?

When did this happen?

Macy
03/02/2011, 8:44 AM
was all that was in the company last week, a bit of financial re engineering and loans have been converted to shares, The supporters raised nearly 30k alone in december to keep the show on the road and in a gesture of goodwill to the board while mediation took place. Supporters were not welcomed or asked to participate in the allocation of shares. Gust have contributed over 80k to the club in various activities since summer. Hopefully we can all get on with the important task of pre season but people are genuinely scared of GUFC Ltd and its culture
Should the trust not put in some conditions to the money to ensure that the group had some (genuine) input into the club? Personally, I'd wonder the benefit of pumping this type of money in without a degree of control. It'd be better saved and be ready to resurrect a club at a later date a la Cork or Rovers.

Red Army
03/02/2011, 9:25 AM
It's all a bit of a riddy at Galway the Trust are breaking their balls to rise money then give it to the club where they have f*** all control and €1300 a week goes to Leeson.

pineapple stu
03/02/2011, 9:31 AM
"Galway United, after strenuously reviewing its budget proposals for 2011 and paying due cognizance to the difficult trading circumstances that currently exist, the paid Administration role at the club is to be discontinued."

Seriously, do these people read over their work before sending it out?
It sounds like a direct translation from the ablative absolute in Latin. My Latin teacher in school used to talk like that all the time.

John83
03/02/2011, 10:31 AM
I don't know any Latin beyond "Romani ite Domum", but does that really explain how if you remove the clause in the middle of that sentence you get "Galway United the paid Administration role at the club is to be discontinued"?

osarusan
03/02/2011, 10:53 AM
They omitted the words 'have decided that' or similar. Big deal.

pineapple stu
03/02/2011, 10:55 AM
I don't know any Latin beyond "Romani ite Domum", but does that really explain how if you remove the clause in the middle of that sentence you get "Galway United the paid Administration role at the club is to be discontinued"?
I think it would (Poor Student or schumi can possibly confirm one way or the other), but you'd be assuming Leeson first composed the press release in Latin before giving it to his board of underlings directors to translate.

John83
03/02/2011, 10:57 AM
They omitted the words 'have decided that' or similar. Big deal.
Yes and no. It's not a big deal if you or I do it here. It's kind of unprofessional in a press release though.

Mr A
03/02/2011, 11:03 AM
I think it would (Poor Student or schumi can possibly confirm one way or the other), but you'd be assuming Leeson first composed the press release in Latin before giving it to his board of underlings directors to translate.

Presumably he has since made them write it out 1000 times, and if they failed to do so has cut their balls off.

thischarmingman
03/02/2011, 8:28 PM
Presumably he has since made them write it out 1000 times, and if they failed to do so has cut their balls off.

IIAdHEwiAy8

pineapple stu
04/02/2011, 8:56 AM
If you didn't do Latin in school, you have no idea how funny that sketch is. Seriously.

Dodge
04/02/2011, 10:16 AM
If you didn't do Latin in school, you have no idea how funny that sketch is. Seriously.

But on the flipside, you're probably better at football...

John83
04/02/2011, 10:57 AM
If you didn't do Latin in school, you have no idea how funny that sketch is. Seriously.
German copied the grammar nearly wholesale, so yeah, I do.

pineapple stu
04/02/2011, 11:05 AM
Told you you wouldn't get it.

It's not about the grammar; it's about the teacher/centurion. My teacher was exactly like in the film (but without the sword and the skirt). The German teacher was normal.

Though maybe he just modelled himself on the film.

John83
04/02/2011, 11:08 AM
Told you you wouldn't get it.

It's not about the grammar; it's about the teacher/centurion. My teacher was exactly like in the film (but without the sword and the skirt). The German teacher was normal.

Though maybe he just modelled himself on the film.
My German teacher was a chain-smoking sociopath who punctuated his sentences with the word "rhubarb". He could do a pretty mean impression of that guy too.

avvenalaf
04/02/2011, 12:39 PM
My German teacher taught Geography

Oldred
04/02/2011, 1:20 PM
:D:D:D

Spudulika
04/02/2011, 1:28 PM
I did French, so I can't comment. Our Latin teacher was decent, the Deputy head and we only had him for 2 years. I did medieval latin for post-grad, we'd a rather unhinged pair teaching us. But fun all the same.

gufcfan
05/02/2011, 4:37 AM
but you'd be assuming Leeson first composed the press release in Latin before giving it to his board of underlings directors to translate.
Leeson consults nobody about anything.

pineapple stu
05/02/2011, 8:12 AM
Leeson consults nobody about anything.
Wow. And to think we have a snail and a hammer smiley but no whoosh smiley.

gufcfan
05/02/2011, 1:41 PM
Wow. And to think we have a snail and a hammer smiley but no whoosh smiley.
Posted at 5:37 AM. Do the math... ;)

pineapple stu
05/02/2011, 3:35 PM
Fair point! :D