Shels line up Investors

[Gareth]

http://forum.shelbournefc.ie/chat/viewtopic.php?t=6027

[Poor Student]

I wonder what the relocation thing means. If this story is true then the added finances could allow Shelbourne to attempt to build their own ground again.

The article seems to suggest the only reason the Di Stefano thing fell through was because he blabbered early to the press.:confused: Makes you wonder who these alleged new investors could be. I wonder if it's sentimental or are they looking for some guarantees. I've also heard the Donnellys don't fund the club anymore and that's where the drying up of funds come from. Could this just be plugging a gap?

[Gareth]

The Di Stephano thing fell through because there was nothing to it. I wouldn't weigh to heavily on that point in the article

[Poor Student]

The Di Stephano thing fell through because there was nothing to it. I wouldn't weigh to heavily on that point in the article

It's funny the insinuations they can put through on a sloppily written article, the Tallaght thing too.

Byrne is doing a good job with the media. They seem to have never gotten wind of the wage problem and are actually reporting a positive story at the same time. Byrne is reminding me more and more of David Murray.

[Anto McC]

*Ahem* ;)

Sweet as a f*cking nut :D

[thejollyrodger]

maybe it wont be so long till we are playing the likes of Milan and Réal Madrid

[Roverstillidie]

was this very well timed announcement from the Baltics for our benefit of the píssed off players?

[Dodge]

maybe it wont be so long till we are playing the likes of Milan and Réal Madrid
JUst quoting this to ensure it stays on the board.

[Poor Student]

maybe it wont be so long till we are playing the likes of Milan and Réal Madrid

Get a hold of yourself. First of all, it's an announcement saying he expects, not that he guarantees and that's if you even trust him. As RTID pointed out, the announcement of this appears to be at an interesting time.

Secondly, you've already assembled the most talented and largeest squad in eL history and you can see it doesn't guarantee you anything. We'll continue to remain unseeded in the 2nd and 3rd qualifying rounds for some time. This added money can't push the quality of the squad much further unless you're going to start bringing in foreign players.

[aido1895]

Get a hold of yourself. First of all, it's an announcement saying he expects, not that he guarantees and that's if you even trust him. As RTID pointed out, the announcement of this appears to be at an interesting time.

Secondly, you've already assembled the most talented and largeest squad in eL history and you can see it doesn't guarantee you anything. We'll continue to remain unseeded in the 2nd and 3rd qualifying rounds for some time. This added money can't push the quality of the squad much further unless you're going to start bringing in foreign players.

FFS why would you take anything he says seriously, have you ever read any of his previous posts ? :confused: take them with a pinch of salt !!! ;)

[SligoBrewer]

maybe it wont be so long till we are playing the likes of Milan and Réal Madrid

i hope ur being sarcastic:o

the way its looking like now it wont be long til ye're playin kildare and kilkenny:D :p

[LeixlipRed]

the way its looking like now it wont be long til ye're playin kildare and kilkenny:D :p

I didnt know they were in the running for the new Premiership?? ;)

[SligoBrewer]

no they aren't...

thats the joke...

whooooooooooooossh..;)

[pete]

Will the players have to qualify for the Champions League to get paid?

[LeixlipRed]

nope, is that how it works in Cork? Shame on you

[thejollyrodger]

Lads none of you belive !!!! Too much cyncism on this board.

the fact of the matter is that with a limited squad and limited money we were only 30minutes and one goal away from the group stages of the champions league.

[Poor Student]

Lads none of you belive !!!! Too much cyncism on this board.



It's alright Jolly, I'm a UCD fan, I'm just holding you back.;)

[thejollyrodger]

with all this money going into the league its only a matter of time till an Eircom League outfit breaks into Europe.

[Poor Student]

with all this money going into the league its only a matter of time till an Eircom League outfit breaks into Europe.

Jolly, in the history of the CL only two teams have ever made it from the first round of qualifying to the group stage, one of them being Liverpool. It's gonna take us ages to get seeding in the latter rounds and to start in them.

[Roverstillidie]

with all this money going into the league its only a matter of time till an Eircom League outfit breaks into Europe.

i must say that cheered me up no end.

seery-esque bóllcksology.

fair play JR. i just pray to allah you are messin'

[pete]

with all this money going into the league its only a matter of time till an Eircom League outfit breaks into Europe.

Deluded. No eL side realistically has a chance of making the CL group stages. It should be remembered Shels only made it past the 1st quaifying round that year on away goals.

The future to eL football is building a viable league at home as success for one clubs doesn't help the league much. However european success will raise the profile of the league.

[aido1895]

...........It should be remembered Shels only made it past the 1st quaifying round that year on away goals.
................
Does that mean it was any less of an achievement ? :rolleyes:

[Dodge]

Does that mean it was any less of an achievement ? :rolleyes:
It obviously does. beating teams is more of an achievement than drawing with them.

Surely?

[aido1895]

It obviously does. beating teams is more of an achievement than drawing with them.

Surely?
We qualified for the next round, is that achievement somehow diluted because we went through on away goals ?

[OneRedArmy]

Surely the thread should be called "Shels lining up new donors"?

Pedantic point maybe, but the term investor implies that you expect to get a return back from your money. Unless Ollie has found the Holy Grail I can't see anyone getting their capital back, never mind getting a return on it.

Before the Shels fans dust off their high horses again, this isn't a swipe at Shels, even the best run EL clubs are effectively charities. They aren't exactly where you would stick your cash for a rainy day.

It makes it interesting to see who Ollie has lined up as beyond the usual vanity reasons, I can't see why anybody would be sticking money in when the only asset would appear to be in hock already.

[dcfcsteve]

the fact of the matter is that with a limited squad and limited money we were only 30minutes and one goal away from the group stages of the champions league.


Fact of the matter is that the entire male population of the world was only a 'Y' chromosome away from being female. But they aren't......

[Anto McC]

Fact of the matter is that the entire male population of the world was only a 'Y' chromosome away from being female. But they aren't......

What i think he is trying to say is - Nearly never won the race!

[A face]

If the investment is realised then fair play, it all sounds good for Shels but what not being mentioned and is actually kinda worrying is Shels means of carrying out business.

Clearly in the last few years they have brought in more players than they seem to be able to afford, living beyond their means and there is the whole tax thing aswell. What ever anyone says, there is something that just isn't right at Shels, prudence is not being practiced. No one would dream of denying it because the risk of someone saying " you are sweeping the dirt under the carpet" is very high and understandably so, with all the bad press in the last few months/years.

Throwing money are the existing problems might work alright but if practices/habits dont change, then with this investment not being infinite there may be problems later on down the road, by which time they will have been compounded because they were never addressed.

[wexfordned]

The investment figures mentioned in the paper are remarkably similar to the figures presented to Bohs as to what Shels expected to receive for the sale of the lease on Tolka for the groundshare/robbery of Dalymount Park.

If I was a Shels fan i'd want to know what this investor will actually get, but hey i'm sure Shels fans will tell me it's purely for the love of the game & the investors just want to make sure the players get paid every week.

Then again Shels fans never question anything about their club.

[ger121]

Jolly, in the history of the CL only two teams have ever made it from the first round of qualifying to the group stage, one of them being Liverpool. It's gonna take us ages to get seeding in the latter rounds and to start in them.

Who was the other team that made it from then 1st round to the group stages? Must have been a few years ago when it was a bit easier.

[Poor Student]

Who was the other team that made it from then 1st round to the group stages? Must have been a few years ago when it was a bit easier.

Actually it was the same season, Artmedia Bratislava.

[ger121]

Deluded. No eL side realistically has a chance of making the CL group stages. It should be remembered Shels only made it past the 1st quaifying round that year on away goals.


While you are probably right about the CL group stages, although u never know.... What does it matter if they made it through on away goals. They got through and that's the main thing. I seem to remember Cork beating a certain Swedish club last year on away goals, didn't seem to bother you lot at the time.

[pineapple stu]

I think his point is more that if you're looking to get through the Third Round, you'd want to be good enough to comfortably win through the First Round.

[Anto McC]

If I was a Shels fan i'd want to know what this investor will actually get, but hey i'm sure Shels fans will tell me it's purely for the love of the game & the investors just want to make sure the players get paid every week.

Now thats just silly!!

[thejollyrodger]

Im going to dig this thread up whenever a EL side does crack into Europe. Also I said its only a matter of time, I didnt say its going to be this season (not with Cork Village anyway:P)

[higgins]

Why do people have a problem with the amount of money Ollie is able to attract to shels ?

Your all ****ed off due to him being able to cut a deal every time it looks like he's gone down a cul de sac!
You all get way to excited (hello UCD) when a rumour of Shels maybe being in trouble does the rounds.

Shels have always had investors and just because your an investor doesn't mean you will get a return, its a high risk business.

Do you lot think people at other clubs have never put in any money ?
You think other clubs spending reflects the amount of people coming through the EL gates??? Do Drogheda have any investors? Did Cork ever turn to someone when they needed money.

You all seem to have a problem with the amounts of money Ollie is able to bring to Shelbourne.

Why don't you fans who are so concerned about Shelbourne put some effort into securing investors for your own clubs? seen as how your all so heavily involved in the day to day affairs of your clubs and so up to speed with all things EL.

[Dodge]

You all seem to have a problem with the amounts of money Ollie is able to bring to Shelbourne.
In fairness I haven't seen anybody criticise Shels for bringing in money (bar the Di Stefano deal obviously) Its the way its spent people have trouble with



Why don't you fans who are so concerned about Shelbourne put some effort into securing investors for your own clubs? seen as how your all so heavily involved in the day to day affairs of your clubs and so up to speed with all things EL.
See above. Alot of people here DO work for their clubs and more know exactly what the financial situation is. If you don't care what Shels is like, thats your thing, fine but don't criticise others for worrying about the state of their clubs.

Oh and whilst you're at don't forget how small the league is in real terms. All managers know each other, all players know each other and all chairmen, CEOS, etc know each other and if there is trouble at one club, you can be guarenteed all clubs will know within the week

[Poor Student]

Its the way its spent people have trouble with


Not to mention the way they spend the money they don't have. Higgins, Shels failed to pay the players on time, I don't know why you're so smug. If Ollie has indeed secured more investment, good for Shels, but I'd be worried and angry if we weren't playing our players on time. It's unfair that Shels can attract the likes of O'Halloran and Kearney away from Cork who are more fiscally prudent if you can't even pay them. As Platini said, it's cheating.

[higgins]

Its NOT cheating!

Players are brought in on the basis the money will be there to pay them. If its not then every player can walk away from their contract and find another club.

The player enters into a contract with the club abd are well covered these days if they dont get their wages. Its the clubs job to find the wages every week otherwise they wont keep their players.

You lot seem to think its unfair Shels can use investors money to improve the squad. It happens everywhere!! Its part of football.. You take risks and hope it pays off or else you do a UCD aim for the minimum requirements all the time and never try anything new.

The fact its been working up to now for shels annoys you.

Does anybody know how far away the two players who have walked are or what direction they went? They started walking about a week back and we have had no reports since then.... have they reached Cork yet ? or was it Drogheda they were going to.

[Billy Lord]

Shels have attracted so much money to their club they are millions in debt and losing their home to a bunch of speculators.
Tony Maguire achieved similar 'success' at Rovers and was lucky to escape with his life.

[higgins]

Not to mention the way they spend the money they don't have

When did shels spend money they dont have ???
I thought we had no money to spend!!!! :eek:

Make your mind up

[TheOwl]

I would advise my fellow Shels fans to calm down and wait and see what happens regarding this news.

[pineapple stu]

Tony Maguire achieved similar 'success' at Rovers and was lucky to escape with his life.
True. Ollie'll be OK though 'cos it seems most Shels fans don't really care what happens at the club so long as they keep winning.

[Poor Student]

Its NOT cheating!

It is. It's giving clubs an unfair advatage. By the time your over expenditure has caught up with you, you've already won several titles. You may be bailed out or you may not be, but no one can take away the titles that you got in the time you were spending money you didn't have.


Players are brought in on the basis the money will be there to pay them. If its not then every player can walk away from their contract and find another club.

No, any sensible club budgets on money they know they'll have. Waterford couldn't do that last season and now look at them. It's not good enough to say "they can walk away". If you get married under the knowledge that you can walk away if the other person cheats on you, does that make it ok for them to cheat? The option only exists as a last resort.


The player enters into a contract with the club abd are well covered these days if they dont get their wages. Its the clubs job to find the wages every week otherwise they wont keep their players.

If you think it's your job to "find the wages every week" then it's easy to see how you found yourselves in this situation. You should sit down before every season, work out a realistic budget of income and base your future expenditure on that. If you have to find the wages every week you've made an awful budgeting mistake.


You lot seem to think its unfair Shels can use investors money to improve the squad. It happens everywhere!! Its part of football.. You take risks and hope it pays off or else you do a UCD aim for the minimum requirements all the time and never try anything new.

It's unfair to use money you don't have. You wouldn't have ran up a 300k tax bill and been unable to pay the wages and the programme printers if you had the liquid cash at hand. If you can't pay your creditors it's unfair to them and your fellow competitors to continue to increase your debt.

You don't just "try something new". This isn't a midlife crisis. Football is rife with clubs spending money they don't have and getting a leg over more fiscally prudent ones and it's unfair. Even if these clubs do collapse they've already claimed titles or prizes that cannot be reversed.


The fact its been working up to now for shels annoys you.

It annoys me to see any club stealing a march on another when they are running up bills they can't pay.


Does anybody know how far away the two players who have walked are or what direction they went? They started walking about a week back and we have had no reports since then.... have they reached Cork yet ? or was it Drogheda they were going to.

I only said you didn't pay your players. I don't know anything about the rest.

[Poor Student]

When did shels spend money they dont have ???
I thought we had no money to spend!!!! :eek:

Make your mind up

By running up debts in wages and tax. How are you signing players you can't pay? How are you signing players when you owe huge debts? I know they've been paid now, but to be allowed to carry on while incurring some these debts shows something is wrong. Isn't that how you spend money you don't have? By running up further and further credit?

[Dodge]

Oh and the reasons players don't walk away higgins is that there's a transfer embargo. Add in the fact that Shels pay way, way above what others do and you can see why the players stick around that little longer hoping to get their money

[pineapple stu]

PS, I think if you want to get some informed debate on the matter, you'd probably be advised to keep away from higgins' "Everything is OK" hysterics.

[higgins]

It is. It's giving clubs an unfair advatage. By the time your over expenditure has caught up with you, you've already won several titles. You may be bailed out or you may not be, but no one can take away the titles that you got in the time you were spending money you didn't have.

No, any sensible club budgets on money they know they'll have. Waterford couldn't do that last season and now look at them. It's not good enough to say "they can walk away". If you get married under the knowledge that you can walk away if the other person cheats on you, does that make it ok for them to cheat? The option only exists as a last resort.

It's unfair to use money you don't have. You wouldn't have ran up a 300k tax bill and been unable to pay the wages and the programme printers if you had the liquid cash at hand. If you can't pay your creditors it's unfair to them and your fellow competitors to continue to increase your debt.

It annoys me to see any club stealing a march on another when they are running up bills they can't pay.


Spending money we dont have :confused:
What the hell does that mean?
bills are paid !!!
wages are paid !!!

Bills are a part of everyday business.
You buy something at a cost, get the bill and then pay it off. Surely you understand this logic?

The bill with the taxman was settled. Shels were not allowed to increase it any further or they would be wound up! How much more in the way of punishment did you want? As a result the bill was cleared. Lots of EL clubs are in debt to the taxman, are they all cheating?

Thats the way things work.
You owe someone money, you get a bill and you pay the money ?
Every club does this!!
Are you serious that you think every club with debts are cheating :)

When have Shels ever failed to pay their bills ???

Things dont always run as smoothly as you might think in your ideal business world and cash flow can be a major problem but I wouldnt exactly call this cheating.

Does anybody know shels debts or do you all assume its massive and base your arguments on that?

As for me thinking nothing is wrong at shels :rolleyes:

Just because I post here trying to add in some facts to your mad ideas does not mean I think nothing is wrong at shels.

[higgins]

Oh and the reasons players don't walk away higgins is that there's a transfer embargo. Add in the fact that Shels pay way, way above what others do and you can see why the players stick around that little longer hoping to get their money

I thought two players walked???

[Poor Student]

Spending money we dont have :confused:
What the hell does that mean?
bills are paid !!!
wages are paid !!!

You maintain a wage bill that seems to be beyond your capabilities. You incur further debt by continuing to have such a big squad. You don't seem to really have money to pay them on your current income.


Bills are a part of everyday business.
You buy something at a cost, get the bill and then pay it off. Surely you understand this logic?

Bills are one thing, wages are another. If you cannot pay the wages on time there is something wrong. Also, above all, the taxman's bills are the ones you don't let yourself get behind on.


The bill with the taxman was settled. Shels were not allowed to increase it any further or they would be wound up! How much more in the way of punishment did you want? As a result the bill was cleared. Lots of EL clubs are in debt to the taxman, are they all cheating?

I can't speak for other clubs but you had a winding up order issued in the national newspapers. You talk about all debt as if it is the same. There's healthy debt and unhealthy debt. Running up a large debt with the taxman and only paying it after you get the winding up order is unhealthy debt.


Thats the way things work.
You owe someone money, you get a bill and you pay the money ?
Every club does this!!
Are you serious that you think every club with debts are cheating :)

This is just specious arguing, as I said, you can't compare all manner of debt.


When have Shels ever failed to pay their bills ???

The time they got their winding up order from the taxman? The time they couldn't get a programme out for the Bohs game because they owed the printers money? The time you couldn't pay the players wages on time?


Things dont always run as smoothly as you might think in your ideal business world and cash flow can be a major problem but I wouldnt exactly call this cheating.

If you can't budget properly and incur a long term debt you can't guarantee you can pay off then you are cheating.


Does anybody know shels debts or do you all assume its massive and base your arguments on that?

I'm basing it on the fact you need bridging loans to pay your tax debts, you failed to pay the players on time, you even seemed to fail to pay the programme printers. There's obviously something wrong.

Higgins, you're obviously not a fan of fiscal prudence. You advocate splashing cash now and worrying about it later. Put Peter Ridsdale into Google and have a read about "living the dream" and so on.