Padraig Smith in Indo today, predicts ..........
Quote:
...... And in light of their recently leaked financial documentation, which showed an operating debt of over €1m for 2008, are Bohemians in danger of overspending this year?
“The Salary Cost Protocol is a big issue for them this year,” says Smith.
“But that goes without saying, when you have salaries that are so high and the other side of the business not generating sufficient income to match that expenditure, it’s obviously worrying.
“We’ve met with the club and the club is well aware of its obligations and the rules and the sanctions for breaching those rules.
“It will be an issue, and it is something that we will be monitoring throughout the season and we’ ll know by the end of the year if they’ve breached it. If they do breach it, they will be sanctioned accordingly by relegation and non-participation in Europe.
................ I think we could see more ‘Kilkenny Citys’ (who dropped out of senior football in 2008) this year,” he added
http://www.independent.ie/sport/socc...s-1731316.html
How are the 3 Clubs with rejected budgets?
Who are these 3 clubs?
“We rejected seven budgets from three clubs, those three clubs came back to us and said, ‘listen you’re right,’ and they adjusted their budgets and in one case a second and third time.
“There are one or two clubs however that decided, ‘look we still think we can do this’ and they went and put more money into players than we thought was right in the current climate.
“We advised them of a certain figure and agreed a certain figure with them, but they still decided to go on and spend more than that.”
I presume that these 3 clubs are easily identified.
Who are they?