View Full Version : Petition to wind up Accolade (Shels)
Pages :
1
2
3
4
5
6
7
[
8]
higgins
03/04/2006, 2:39 PM
You just don't stop Pete do you ?
Do you live in Conspiracy Theory land along with Pineapple Stu.
A lot of your posts have no basis at all…..
You state things off the top of your head and when I point out how wrong you are you hit back with some other crazy notion. You posted earlier "show no sign of cutting their expenses" and you can see from the transfers that we have cut back. Stu can dress it up any way he likes but all those players are off shels books now and we save on wages and also got a big enough fee for weso considering he had 1 year left on contract.
The article doesn’t state we lose a million a year Stu.
Just keep digging lads it must be hard at this stage to come out with any more rubbish.
caolan
03/04/2006, 2:45 PM
You just don't stop Pete do you ?
Do you live in Conspiracy Theory land along with Pineapple Stu.
A lot of your posts have no basis at all…..
You state things off the top of your head and when I point out how wrong you are you hit back with some other crazy notion. You posted earlier "show no sign of cutting their expenses" and you can see from the transfers that we have cut back. Stu can dress it up any way he likes but all those players are off shels books now and we save on wages and also got a big enough fee for weso considering he had 1 year left on contract.
The article doesn’t state we lose a million a year Stu.
Just keep digging lads it must be hard at this stage to come out with any more rubbish.
Not going to get into the argument, but you seem the only Shels fan who will actually speak about this - But does it not interest you one little bit that Ollie & Co couldnt raise 1 months repayments to teh revenue and all of a sudden have a cheque for 300k to clear the whole debt?
Are most shels fans still living with blind faith that ollie is the messiah, "hear no evil speak no evil" -
Your only asset is your ground which from the looks of thigs is slowly being remortgaged to pay off current debts....VERY dodgy business practice... correct me if I'm wrong but I cannot see how else Shels could have raised this money.
I'm not having a dig at shels, but having seen the webcast the whole revenue issue and questions on the financial soundness as an ongoing business were missing, which I find shocking considering the newspaper stories doing the rounds, true or untrue.
higgins
03/04/2006, 3:23 PM
There wont be any argument between us as you have posted fairly sensibly on the topic.
Where did he get 300K from when he couldn’t pay 12K last month.
My take on that would be that if he honestly believed that revenue would have issued a winding up order on Accolade he would have had the 12K in a flash. It seems putting things on the long finger is commonplace within the EL and although I don’t agree with it I'd say Shels will not pay off debts until it is final warning in a lot of cases. I guess the revenue called his bluff on this and Ollie was left embarrassed. Still doesn’t explain where he got 300K from but of course you would have to look at it that he is eating into the future sale of Tolka Park. I suppose paying the debt today or paying it in a year or two when he sells Tolka is one and the same as long as he doesn’t build it up to that much again between now and then.
Blind faith in Ollie ?
He has delivered the goods season after season and if anything most Shels fans who failed to get excited about this where right in that Ollie did come up with an answer, just like he has over and over. I think it’s a little unfair on Ollie that its now expected of him but then again he is the one digging the holes for himself. He does mention that people helped him out over the past two weeks so maybe there are some fans out who think posting on message boards means feck all and actually did help out the club financially. 100's of fans shouting abuse on foot wouldn’t have helped really, 300K is a lot of money.
Do I agree with the debts he has at Shels and the way it appears he runs the 'business'. NO I live in some sort of ideal fairy story fantasy land where all bills are paid on time and everyone is happy. I'm not in business but I have had some exposure and in reality I suppose you don’t get into the position where Shels are today by not taking risks.
As for the webcast,
My name is John Coleman and I did ask him the initial question regarding the debt. He said it was going to be paid and no matter how many posts on the subject he was never going to go into great detail. He keeps the business said of the club away from the fans, rightly or wrongly ?? I think that’s where all the conspiracy's come from with other clubs fans. They don’t understand where or how the man does what he does. He had the Donnelly family on board there for years who used to always put their hand in their pocket yet of course it was through tax dodging and other such crap that you lot thought made Shels rich (in your eyes). Its strange that he has just paid off 300K of a debt to the tax man when we don’t pay tax. Ollie will be honest with you and admit that shels have debts and that he would gladly accept someone to come in with a pile of cash but he is not about to go shouting out the names of the people who help the club at present. Whatever he is doing I do have faith ion the man that its all legal and therefore it would be just out of interest that I would like to know where the money comes from. Others on this board are convinced he doubles up as some underworld crime lord every evening or something.
I think it actually pains a lot of people on here who see what Ollie does for Shels and if they where honest would love a man similar to him at their own club.
pineapple stu
03/04/2006, 3:54 PM
Just keep digging lads it must be hard at this stage to come out with any more rubbish.
If I keep digging any more, I'll probably bump into your head. ;)
If I keep digging any more, I'll probably bump into your head. ;)
Not if i get there first :)
pineapple stu
03/04/2006, 4:37 PM
I hope the Conspiracy Land authorities know you're considering tunneling out of the country, pete. :p
DmanDmythDledge
03/04/2006, 7:51 PM
So are Shels off the hook now or what?
Roverstillidie
03/04/2006, 8:16 PM
So are Shels off the hook now or what?
probably but they still have to go to court and have the revenue officially tell the judge they paid and are in a position to continue paying, which they will most likely do.
thet could get tripped up still if another creditor shows up demanding payment though.
Where did Ollie suddenly get 300k? I presume he borrowed off someone else & that debt not goinbg away either...
higgins
04/04/2006, 10:56 AM
!!!!!Shels are in debt Shocker!!!!!
How did you work that out Pete!!
Sherlock Holmes eat your heart out :p
All clubs have debts, some clubs have higher debts then others. Some clubs can get bigger loans then others. Some clubs have the ability to pay loans/debts off and some dont.
Seriously, is this all news to you?
Where any of the EL clubs get their money is usually their own business. Even transfers and sponsorship deals are usually held private in the EL. Id love to know where all clubs in the league get their money but its not going to happen.
thomas
05/04/2006, 6:11 AM
!!!!!Shels are in debt Shocker!!!!!
How did you work that out Pete!!
Sherlock Holmes eat your heart out :p
All clubs have debts, some clubs have higher debts then others. Some clubs can get bigger loans then others. Some clubs have the ability to pay loans/debts off and some dont.
Seriously, is this all news to you?
Where any of the EL clubs get their money is usually their own business. Even transfers and sponsorship deals are usually held private in the EL. Id love to know where all clubs in the league get their money but its not going to happen.
You're pushing the limits on debtor managment and unless that changes you will be screwed eventually.
manic da hoop
05/04/2006, 8:18 AM
Where any of the EL clubs get their money is usually their own business. Even transfers and sponsorship deals are usually held private in the EL. Id love to know where all clubs in the league get their money but its not going to happen.
If you know where Oily came up with the 300K and don't want to tell us, fine...but if that was Rovers and my club managed to stump up that amount of cash within one go I would like to know how they got hold of it.
If I was a Shels fan i'd be very concerned as its likely that Shels maybe getting loans to pay for current expenditure based on collateral of their interest in Tolka. By the time Tolka sold Shels could be homeless (no sign Bohs going to groundshare anytime soon) & with no significant net cash from Tolka in Ollies back pocket...
Ollies only plan seems to be hoping for CL group stages but thats quiet a gamble. What odds would the bookies give on Shels in the CL group stages in 3-5 years?
Don't think they'll get to Cl prelims tbh. Think they've missed that boat... Hopefully shels will move to tallaght and die
dcfcsteve
06/04/2006, 9:43 AM
All clubs have debts, some clubs have higher debts then others. Some clubs can get bigger loans then others. Some clubs have the ability to pay loans/debts off and some dont.
Are all EL clubs in debt Higgins ??
Roverstillidie
07/04/2006, 12:25 AM
[B]
All clubs have debts, some clubs have higher debts then others. Some clubs can get bigger loans then others. Some clubs have the ability to pay loans/debts off and some dont.
and shels appear to be in the dont column, and there fans havent a care in the world about it
higgins
07/04/2006, 10:21 AM
and shels appear to be in the dont column, and there fans havent a care in the world about it
Considering shels just paid 300K to the Revenue your post is nonsense!! Easily the worst post in this whole thread.
Can you tell me how it appears we cant pay off debts?
Are you trying to be difficult or are you just Intellectually Challenged
Considering shels just paid 300K to the Revenue your post is nonsense!! Easily the worst post in this whole thread.
Can you tell me how it appears we cant pay off debts?
There is no evidence to suggest Shels have no just transferred one debt for another... If ollie couldn't pay 12k repayment do you really believe he just paid over 300k of his own cash or others to the tax man? Granted there is no evidence either way but looks like he just got a loan from a bank...
Roverstillidie
07/04/2006, 5:03 PM
Considering shels just paid 300K to the Revenue your post is nonsense!! Easily the worst post in this whole thread.
Can you tell me how it appears we cant pay off debts?
Are you trying to be difficult or are you just Intellectually Challenged
ill take the aggressiveness of your reply to point to the fact you also smell a rodent, but are too much of a twát to admit that criticism of the way your club has been run is probably accurate and relevent. the likes of you are more dangerous to the long term future of shels than the taxman.
hoopy
08/04/2006, 12:13 PM
Where did Ollie suddenly get 300k? I presume he borrowed off someone else & that debt not goinbg away either...
I'll put this is a way that some people may understand. QUESTION: Who is the one person who stands to lose out if Shels didn't pay the taxman and Tolka ended up going for auction? Work it out and you then will realise who gave Ollie the loan
Put it this way, if a person was guaranteed to buy Tolka so long as there are no problems , would it not be feasible to think that this person would loan Ollie the money to ensure he had no competition through auction?
CollegeTillIDie
10/04/2006, 5:41 AM
What's the prize money for winning the Setanta Cup? Would it be 150k Euro?
Cause if Shels win it I'd say it will go towards that loan everyone says they took out to pay the tax man. And with half of it paid up front only a matter of weeks after being taken out, the repayments and interest come down considerably.
What's the prize money for winning the Setanta Cup? Would it be 150k Euro?
Cause if Shels win it I'd say it will go towards that loan everyone says they took out to pay the tax man. And with half of it paid up front only a matter of weeks after being taken out, the repayments and interest come down considerably.
Indeed, well said. Now we just have to look like playing as if we care... :)
pineapple stu
10/04/2006, 12:54 PM
What's the prize money for winning the Setanta Cup? Would it be 150k Euro?
Cause if Shels win it I'd say it will go towards that loan everyone says they took out to pay the tax man. And with half of it paid up front only a matter of weeks after being taken out, the repayments and interest come down considerably.
And if they don't win?
pineapple stu
10/04/2006, 11:13 PM
What's the prize money for winning the Setanta Cup? Would it be 150k Euro?
Cause if Shels win it I'd say it will go towards that loan everyone says they took out to pay the tax man. And with half of it paid up front only a matter of weeks after being taken out, the repayments and interest come down considerably.
And if they don't win?
Bump...?
30k for taking part. Another bit for reaching semi's, I think. And CL moola to come. Could be worse!
No way of knowing though is there? :)
Shels will get 20k euro for the Setanta Cup minus any fines.
They also now get some cash for staging the final in Tolka.
Powered by vBulletin® Version 4.2.2 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.