Cork City denied a licence; club to be wound up; FORAS to enter First Division

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  • micls
    International Prospect
    • Jan 2006
    • 5019

    #3151
    Originally posted by Doomofman
    So were the revenue payed on Wednesday?
    yeah.

    Comment

    • Doomofman
      Reserves
      • Nov 2009
      • 421

      #3152
      And I'm guessing there wasn't much truth behind the reported 1m debt either

      Comment

      • tippex
        Reserves
        • Sep 2002
        • 433

        #3153
        any word yet MICLS?

        Comment

        • DmanDmythDledge
          International Prospect
          • Feb 2006
          • 7789

          #3154
          Deal done apparantly according to somebody on CCFC forum.
          League of Ireland Betting

          Latest post: Airtricity League of Ireland 2010: Series 1

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          • Dodge
            Now with extra sauce!
            • Jun 2001
            • 23528

            #3155
            Originally posted by Doomofman
            And I'm guessing there wasn't much truth behind the reported 1m debt either
            I'd imagine most of tht was being painted by TOmmy as director loans (ie money he invested)

            There's no question that a large amount of debt exists
            54,321 sold - wws will never die - ***
            ---
            New blog if anyone's interested - http://loihistory.wordpress.com/
            LOI section on balls.ie - http://balls.ie/league-of-ireland/

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            • Doomofman
              Reserves
              • Nov 2009
              • 421

              #3156
              Originally posted by DmanDmythDledge
              Deal done apparantly according to somebody on CCFC forum.
              Guaranteed Premier spot for Cork so....

              Comment

              • SkStu
                Capped Player
                • Feb 2007
                • 14863

                #3157
                im getting angry again.

                Im sick and tired of being sick and tired.
                I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

                Comment

                • dahamsta
                  Director
                  • May 2001
                  • 14106

                  #3158
                  Originally posted by John83
                  Something just struck me. If you are a director of a company which gets wound up
                  I don't think "wound up" is right in this context. Winding up a company is just the process of closing it down. That said, I don't think liquidation guarantees a directorship ban either, I think the only thing that guarantees it is personal bankruptcy.

                  Comment

                  • Martinho II
                    International Prospect
                    • Nov 2003
                    • 9841

                    #3159
                    Originally posted by Frank76
                    The FAI have launched a last minute bid to takeover Cork City. The hearing has been postponed for another week to allow the takeover to be completed!! Cork will be in Premier Division this season and as a kind gesture the FAI have awarded them +10 points to start off the season!!
                    I was close enough to believe that and its not the first time either too...
                    Last edited by dahamsta; 19/02/2010, 6:32 PM.
                    Gary Cronin is he the right man to manage Longford Town?

                    Comment

                    • centre mid
                      Seasoned Pro
                      • Mar 2005
                      • 2965

                      #3160
                      I'm looking forward to playing in the first (or premier) division, the game against Derry (or Dundalk). Its great to be able to approach the season with a clear direction to where we are going as club with a goal of promotion (or relegation) to the Premier (or First).
                      "I'm just a chilled out entertainer"

                      Blog

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                      • DRDoc
                        Reserves
                        • Mar 2007
                        • 584

                        #3161
                        no deal done yet - talks continuing

                        Comment

                        • Doomofman
                          Reserves
                          • Nov 2009
                          • 421

                          #3162
                          Well the outcome is obvious enough at this stage.. We now know that the Quintas crowd were just posturing with their deadline... So the deal will go through and Cork will get a premier licence with no fines or point deductions...

                          Comment

                          • culloty82
                            Seasoned Pro
                            • Jan 2009
                            • 3192

                            #3163
                            According to Aertel:

                            Quintas continuing negotiations, "significant progress made" however "outstanding issues need to be resolved". James Duggan appointed CCFC interim chairman.

                            Comment

                            • Doomofman
                              Reserves
                              • Nov 2009
                              • 421

                              #3164
                              Read as: Quintas continuing negotiations, "We we're just bluffing with our deadline" and "We'll be in charge of a Premier Division club by Monday"

                              Comment

                              • Longfordian
                                Coach
                                • May 2002
                                • 9227

                                #3165
                                Tom & Co have now annonced a new interim chairman for a period of four weeks from today. James Duggan B.L. a well known barrister in Cork apparently. God knows why, apparently his task is to "ensure the smooth transition of ownership". Bit late now to be nominating lads for a period of four weeks when it has to be done by Monday. Apparently there's still a number obstacles to be overcome but "significant progress" was made today and negotiations are ongoing.
                                The looser the waistband, the deeper the quicksand..

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