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EalingGreen
16/09/2008, 2:39 PM
Didn't Coleraine do more or less the same as Rovers though?

Don't know about Rovers, but afaik, the Inland Revenue tried to have Coleraine FC wound up (declared bankrupt) in 2005, over total debts of over £1m. However, a Supporters Group ("Friends of Coleraine") persuaded the Court to let them go into Administration instead, and a new (fans) Management Committee kept things going until the FOC effectively bought the old club, reached a settlement somehow with creditors and formed what was technically a new club out of what they had salvaged from the old club.

As a new club, they should not have been allowed to continue in the Irish League, but they managed to exploit some sort of loophole in the Rules, so that the IL/IFA couldn't actually prevent this from happening. (Tbh, the IL/IFA
had no appetite for forcing the new club to start again at the bottom of the pyramid, so were actually quite relieved, I should imagine).

Anyhow, as a fan-controlled club, Coleraine seem to be living within their means at the moment, even if they're hardly "pulling up trees" on the pitch (esp since losing a long-serving and capable manager, Marty Quinn, to newly promoted Bangor FC at the start of the season)

Mr A
16/09/2008, 3:24 PM
even if they're hardly "pulling up trees" on the pitch (esp since losing a long-serving and capable manager, Marty Quinn, to newly promoted Bangor FC at the start of the season)

They're top of the league aren't they? :)

jebus
16/09/2008, 3:59 PM
I've only read the article entitled "Dead in the Water" on the online version in which Drury doesn't say anything that could be construed or manipulative.

Is this the one you're referring to, or is there another article I missed?
:confused:

Haven't read online version but I assume it's the same as the printed version. Call me cynical but a back page article about the LoI (on Champions League day I might add, that normally doesn't happen, especially about a virtial LoI non-story)in which Fintan Drury explains that the AIL won't happen because John Delaney has said that the Eircom League has made great strides under the FAI and he takes him at his word is coupled with a tagged article about Cobh going bankrupt is manipulation of the media in my eyes. It's not shocking as everyone does it, but it shows Drury and Platinum One to be the same con job as we've always had in my eyes.

EalingGreen
16/09/2008, 4:10 PM
They're top of the league aren't they? :)

For the moment - and fair play to them for it. But they've played more games than most, losing against the only half decent side they've met so far (2-1 at Crusaders).
http://ifapremiership.com/statistics.htm

No matter, despite being a (casual) Glens fan, I'm still always pleased when the provincial teams are doing OK.

OneRedArmy
16/09/2008, 4:25 PM
Haven't read online version but I assume it's the same as the printed version. Call me cynical but a back page article about the LoI (on Champions League day I might add, that normally doesn't happen, especially about a virtial LoI non-story)in which Fintan Drury explains that the AIL won't happen because John Delaney has said that the Eircom League has made great strides under the FAI and he takes him at his word is coupled with a tagged article about Cobh going bankrupt is manipulation of the media in my eyes. It's not shocking as everyone does it, but it shows Drury and Platinum One to be the same con job as we've always had in my eyes.Err, even the FAI's biggest supporters (there must be some?) must be raising an eyebrow as Delaney's "move along now, nothing to see here" statements are completely at odds with almost every piece of financial news in relation to the League in the last 6 months.

Whatever about the viability or not of Drury's AIL plans, he's bang on drawing attention to Delaney's comments, as presumably part of the reason Platinum 1 are pulling back is the proposed breakaway clubs lack of financial strength.

higgins
16/09/2008, 4:29 PM
Err, even the FAI's biggest supporters (there must be some?) must be raising an eyebrow as Delaney's "move along now, nothing to see here" statements are completely at odds with almost every piece of financial news in relation to the League in the last 6 months.


That's the point!!

These bad financial news pieces have come out every week for the last few months. Sure clubs are struggling but they always were and probably always will.

Platnum One needed the media to push the FAI and the IFA into a corner. The clubs were unwilling to do anything about it and therefore the public never got behind the idea.

It was nonsense from the start.

While I don't think the financial probelms in the league will get any better over the next few months I don't expect half as many bad financial news to mke it to the papers.

Most of what has been reported by the papers has not come to pass.

The one that did happen in Cork going to examinership wasn't even hinted at until a day or two before :)

Réiteoir
16/09/2008, 4:44 PM
am I being cynical - or is the timing of this announcement rather convenient to take the focus away from one of the biggest days in League of Ireland in Europe history?

garyderry
16/09/2008, 6:02 PM
not to sure jinxy i think it will be off the rader for a long time as it is impossable to get two clubs to agree to anything never mind 22. i wonder will jr return to derry or has he burned that bridge

Dont think he ever left completely,

think he is still heavily involved with the company / board setup
to develop the stadium, so doubt he burnt too many bridges,
still see him at the matches too, home and away.

OneRedArmy
16/09/2008, 6:31 PM
These bad financial news pieces have come out every week for the last few months. Sure clubs are struggling but they always were and probably always will.Spoken like a true Shels fan. I thought you'd have learned from your ostrich-like behaviour a few years ago.

Extreme naivety to assume that a number of clubs are not materially worse off now that the economy has gone down the tubes and every Tom, Dick or Harry Property Developer or Builder that funds them isn't rolling in cash.

We started the year with about a half dozen full-time clubs, it looks like we'll end it with one or two.

Thats a significant change in less than 12 months.

higgins
16/09/2008, 11:10 PM
Spoken like a true Shels fan. I thought you'd have learned from your ostrich-like behaviour a few years ago.

wow!!!
fantastic respose there,, really made a great argument as to why I was wrong :rolleyes:

Look it's been reported now that Cobh players spokeperson has rubbished this talk of no wages and still the indo went with the story.
It's clear there has been an agenda around with some papers the past few months.

I've not said everything was ok.. I just can't be arsed listing the lies printed over the last few months in papers.

Compare the full time teams that started this season with the ones that start next season. Maybe then your argument might mean something.

SMorgan
17/09/2008, 6:12 AM
Dont think he ever left completely,

.....

Thta's certainly what I believed. He was saying the exact same thing while at P1 as he said when the City chairman a number of years back when the restructing of the league was being debated. He argued long and hard for a 10 team premeir league with no P&R for 3 years back then and he was looking for the exact same thing while at P1.

I had a fear that he was still wearing his Derry City hat while at P1 and it would absolutely no surprize to me if he officially returns D City.

pineapple stu
17/09/2008, 11:38 AM
wow!!!
fantastic respose there,, really made a great argument as to why I was wrong :rolleyes:
Emmm - try the bit of his post that you cut out of your reply for his reasons. :rolleyes:

higgins
17/09/2008, 3:59 PM
Answered that part further down my post...
Maybe you shouldn't cut parts of the quote out when attempting to stick your nose in ?

My point was that being a Shels fan has nothing got to do with this so why mention it!
But wouldn't expect you to notice that..

pineapple stu
17/09/2008, 4:03 PM
Because it's indicating that you're back in your "Everything's OK until we physically see otherwise" mode. His argument has no weight until he counts how many full-time teams will be around at the start of next year as opposed to the ones at the end of this season? Give me a break.

higgins
17/09/2008, 4:12 PM
Because it's indicating that you're back in your "Everything's OK until we physically see otherwise" mode.

When did I say everything was ok ??

Not the first time you lied on here Stu and doubt it will be the last. Putting quotation marks around things is great "isn't it" ?

Maybe you can explain what you mean by the above.
Been a while now since I caught you out for lies.

Still didn't answer the last couple of questions from another thread either. Maybe you should before you start to drag up this crap again ?

pineapple stu
17/09/2008, 4:14 PM
This'd be the previous thread where I said Shels were still drawing down the Tolka lease, which was subsequently confirmed by the club in a national newspaper which praised Shels for being the best with their answers?

Does that make you a liar for denying them?

Threats make you sound big, higgins, but ultimately add nothing to your argument.

Mr A
17/09/2008, 4:17 PM
Fight! Fight! Fight!

pineapple stu
17/09/2008, 4:18 PM
You wanna take this outside, A? Eh?!

(See what I did there? :) )

Mr A
17/09/2008, 4:24 PM
Right, you're friggin dead Stu.

We always knew it would come to this.

higgins
17/09/2008, 4:24 PM
No Stu...
That would be the thread where you said Shels were continuing to overspend.

You are wrong.
and with no facts behind your argument I can only come to the conclusion you are spreading lies ??

You then claimed that I should prove otherwise!!
Bit like me saying UCD are overspending and that's that until someone proves otherwise..

No overspending going on at Shels.

You seem to have skipped past the whole quotation issue ?

garyderry
17/09/2008, 4:26 PM
This'd be the previous thread where I said Shels were still drawing down the Tolka lease, which was subsequently confirmed by the club in a national newspaper which praised Shels for being the best with their answers?

Does that make you a liar for denying them?

Threats make you sound big, higgins, but ultimately add nothing to your argument.

surely with all the rubbish and blatant lies coming from Higgins back in the good auld days for $hel$ your not actually taking him serious :rolleyes:

garyderry
17/09/2008, 4:27 PM
No Stu...
That would be the thread where you said Shels were continuing to overspend.

You are wrong.
and with no facts behind your argument I can only come to the conclusion you are spreading lies ??

You then claimed that I should prove otherwise!!
Bit like me saying UCD are overspending and that's that until someone proves otherwise..

No overspending going on at Shels.

You seem to have skipped past the whole quotation issue ?

well if you think spending money on the sale of a stadium when you have no replacement is NOT overspending, your as deluded as you always where,

higgins
17/09/2008, 4:36 PM
Going around in circles now!!
I've never said what Shels done in the past was correct.
I'd been dead against the sort of spending going on at Shels long before anyone from here raised the issue. I just didn't post on foot the minute I came to this conclusion. Unlike some others on here the world doesn't revolve around foot.ie for me.

The point now is that Stu has decided to get invloved in something. I know he has spread lies in the past and just a couple of posts above he has decided to put something in quotation marks ?? I'd like to know where he got that from ?

Stu is yet to retract his lies about Shels continuing to overspend.
Stu is a spoofer... Always was and looks like he's not about to change. I know this because he's put up posts about Shels in the past that I know are 100% false.

OneRedArmy
17/09/2008, 4:41 PM
I've never said what Shels done in the past was correct.You just downplayed it, ignored it, denied there was a real problem, said everyone was just jealous and basically put your fingers in your ears and hummed along.

Bald Student
17/09/2008, 4:46 PM
For anyone who missed it first time, here are the relevant claims. The disagreement seems to be based around Stu saying "overspending from the sale of the ground.". The chairman of Shels has said that they're still spending money from the ground. Stu calls this "overspending", others disagree.

http://foot.ie/showpost.php?p=950328&postcount=130





Originally Posted by pineapple stu
Yep, let's have a team who are continuing to overspend from the sale of their ground (and who would have to spend even more if they go up) and who are still a disaster in the making two years after they should have learnt; that'll do good.

Do you get off on this telling lies about Shelbourne ?
Did you have the box of hankies beside you as you typed that ???

'continue to overspend from the sale of the ground' :confused:

We sold the ground (very stupid idea), we spent most of the money we are likely to receive from that deal (very stupid idea), BUT we're not spending any more of that money!
In fact on top of this years running costs at the club which will be funded entirely from this seasons income we have also managed to service some of the debts from before the 2007 season. If anything, our overall debt is reducing!!

100% of this years income is not going into running the club, it's a mixture of running the club and servicing old debt.

How can you say that's overspending ?

pineapple stu
17/09/2008, 5:09 PM
and with no facts behind your argument I can only come to the conclusion you are spreading lies ??
Incidentally, if I'm mistaken (which is a damn site different to lying, which is in theory libellous), do feel free to use facts to point out where and why. However, given my previous history of being correct with regards to Shels, I'm happy to go with my gut instinct, backed up in part by what was in a national newspaper. (And I notice Fintan Cassidy hasn't been back to the thread where he denied Shels were still drawing down on the sale, despite what the club had said).

BS - do you really think anyone else cares about the spat? ;) Although I'd ask higgins how he reconciles this -


BUT we're not spending any more of that money!
- with the club telling the Indo that they are, in fact, still spending that money?


Right, you're friggin dead Stu
No man - that doesn't rhyme. It has to rhyme, man!

"Right so Stu, I'm gonna kill you" - that would have been cool.

What's that? You want me to take you by the hand? Well, I don't see why n...

What was this thread about again?

John83
17/09/2008, 5:20 PM
What was this thread about again?
Higgins. It's always about Higgins.

higgins
17/09/2008, 5:48 PM
We're in for millions to the developers.
We own millions more to a bunch of creditors that are waiting on their money (some not willing to wait much longer it seems)..

However I totally disagree with the over spending comment.
I know it not to be true.

Do we have massive massive debts ?
Yes..

Not sure how many more ways I can put this but Shels debts at the end of the 2008 season are on course to be about the exact same as they were at the end of the 2007 season.

Stu can take what he wants from that ..

You want me to use facts to point out where and why you are wrong ?
We've had this out before... You are the one making the statements, balls in your court to prove this. I know what you said at the time to have been false. You had no grounds for saying that Shels were continuing to overspend, it was based on an assumption you had.

We owe a lot of money and are in trouble , yes, but we are not over spending.

If you take what came in this season with what went out we will be just about evens in my opinion come end of season.

Stu, I've told you before that you always leave out/don't know a vital piece of the jigsaw when you come up with these statements/conclusions/assumptions.

The only way you've a history of being correct about Shels is because the people with the information have not taken you to task on foot.ie!! Get a grip, there's a world outside this board Stu!! ... You've been wrong on many occasions with the latest being the over spending remark. Your answer back is to prove you wrong ? Almost impossible really considering I'm not going to post figures on an internet forum.

If I said your best friend slept with a goat last night and you know I'm lying is it up to you to prove he didn't ?

Bald Student
17/09/2008, 6:03 PM
If I said your best friend slept with a goat last night and you know I'm lying is it up to you to prove he didn't ?
There's no need to drag Mullet Stu into this. He maintains that it was a misunderstanding.

Student Mullet
18/09/2008, 1:21 AM
There's no need to drag Mullet Stu into this. He maintains that it was a misunderstanding.

I've explained this before. That goat was just resting in my bed.

dahamsta
18/09/2008, 10:50 AM
Feel free to start a new thread if it'll stay on topic.