Two gone?

[CollegeTillIDie]

College TID, I think that you will find otherwise.

At Waterford's last AGM in October, the Club reported to its shareholders that its debt is now down to €30,000 ( from + €700k in 2000). The previous incumbents left the Club in such a mess that when our current chairman came in that summer people thought he should be carted off to the local lunatic asylum. No businessman in the South East were prepared to touch Waterford with a 40ft barge pole.

In short WUFC nearly went bust in June 2000 with a massive 6 figure debt but our Chairman (I dont like the guy what he did to Jimmy McGeough) steadied the ship and we now have one of the best run clubs administratively in the League. Our finances are very tight but we are sure that the mistakes of the past will never be repeated again.

Yes as a shareholder myself I checked the literature that was sent in connection with the last AGM it is way down admittedly but the focus seemed to be reducing and eliminating the debt rather than splashing the cash on player's wages. I agree with you about Chairman Mao but he did steady the ship, shame he insists his son gets picked in the team....

[CollegeTillIDie]

Was that John Delaney did that?

Does the term duh? mean anything to you ? :D

[CollegeTillIDie]

jagman, a "judas" is just anyone who leaves UCD. There are good Judases (Barry Ryan, Clive Delaney, Willie Doyle, etc.) and bad Judases (Paul Doolin). Most of us are used to players moving on and just look forward to seeing who the next player we uncover is. Your point about the small number of fans is obvious; we try to give former players a bit of stick on the pitch if we can, but will give them a clap when they're being subbed off or will always welcome them back. The way it should be, I suppose.

A Good Judas is one who brings in a few €€€'s to the club in transfer fees :ball:

[pineapple stu]

I'm off to beat the living sh1t out of me underpants and resolve to find every single one of ye a job :D

I hope they're two separate points! :eek:

[Partizan]

Yes as a shareholder myself I checked the literature that was sent in connection with the last AGM it is way down admittedly but the focus seemed to be reducing and eliminating the debt rather than splashing the cash on player's wages. I agree with you about Chairman Mao but he did steady the ship, shame he insists his son gets picked in the team....

We call him several names, 'The Beard' (sounds sinister), 'Ill Duce', 'Der Fuhrer', 'The Great Dictator', 'Dr Evil' but in all fairness we have a grudging respect for our beloved Chairman :rolleyes: He has most definitley suceeded beng an astute business man enables Waterford to be one of the best run administrative clubs in the country. We even handed in our tax certs to the Revenue, have up to date accounts and held the recent AGM which is a pre-requisite for any PLC company trading. The mistakes of the past will not be repeated, no more splashing out crazy money on mercenaries which nearly destroyed the Club in the first place. The emphasis in the short term and rightly so is the elimination of our small outstanding debt and in the long term our own ground. We're dying to get out of the RSC dump.

As you know we operate on a small budget mainly garnered from sympathetic businessmen in the south east and an ever dwindling fan base (I know, the Cup final attendance was shocking but the Jimmy factor turned quite a few people away) Its a pity our Chairman has blinkered eyes when it comes to his waste of space son who couldnt kick a ball to save his life.

Hope to seeing you all in Belfield next April. :)

Cheers :ball:

[Partizan]

I hope they're two separate points! :eek:


Where's me fooking hurley?