The Leagues' financial problems fixed!

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15/11/2009, 4:28 PM
Angus

The Leagues' financial problems fixed!

Pay the players less. Not more. A lower number. A number that is less high than before

A lower one. One that is lower than before. A number that is less big and is therefore smaller

If you pay the players less, there will be more money in the club
and you will not go bust as quickly. In fact if you spend less it will mean that you will have more

Having more is good - having less is less good. And yes it may mean that the players have less and you may need to hire a lesser quality of player but you won't, er, go out of business

Paying out less has for many years been a feature of successful businesses. In fact, many business design their management operations such that they try and get more money in and try and pay less money out. THis called "management"

Sorry to do this, but this level of inter cert commerce is clearly what some of these jokers need
15/11/2009, 4:41 PM
Magicme

ummm somehow the above seems quite familiar to me but I just cant think were I would have seen such a model employed before.
15/11/2009, 4:41 PM
OneRedArmy

You do realise that whatever "less" is, the incentive is always there to spend "less"+1 and chase success and there it begins again...

Simple economics.
15/11/2009, 4:43 PM
peadar1987

I'm not sure I follow you. Surely the root of all the problems is the 10 team league and Sporting Fingal
15/11/2009, 5:30 PM
thischarmingman

Quote:

Originally Posted by peadar1987

I'm not sure I follow you. Surely the root of all the problems is the 10 team league and Sporting Fingal

I thought it was Ollie Byrne? Or summer football? Or summer at Ollie Byrne's? :confused:
15/11/2009, 5:53 PM
Ciaran W

In fairness you do need the attendances as well,unless your sporting fingal of course
15/11/2009, 6:14 PM
Longfordian

We need to have some sort of system whereby teams financial situations are monitored during the year and action can be taken to stop them getting into trouble. It might be an idea to have teams submit their budgets in advance for approval. It can't fail to work.
15/11/2009, 7:08 PM
Angus

Quote:

Originally Posted by Longfordian

We need to have some sort of system whereby teams financial situations are monitored during the year and action can be taken to stop them getting into trouble. It might be an idea to have teams submit their budgets in advance for approval. It can't fail to work.

Agree. There needs to be this system in place.

But the monitoring of this system is only effective if the people managing the clubs spending the money being monitored have a clue.

If they don't have a clue and persist with this "group stages of the champions league" nonsense, then we will have more of this.

Anything up to 90% of players are out of contract every year. Case closed

The end.
15/11/2009, 7:18 PM
galwayjames

How often during a season do the FAI see the club's financial accounts?
15/11/2009, 7:20 PM
PartySaint

I dont get it, would it not be easier to spend more and try get into the Champions League, that way you would be swimming and money and all your problems would go away
15/11/2009, 7:23 PM
thischarmingman

Quote:

Originally Posted by Longfordian

We need to have some sort of system whereby teams financial situations are monitored during the year and action can be taken to stop them getting into trouble. It might be an idea to have teams submit their budgets in advance for approval. It can't fail to work.

Or, have all the pre-season looked over by the FAI, and the rubber stamped by an independent, third-party accountants= no fudging.
15/11/2009, 7:56 PM
Longfordian

Quote:

Originally Posted by thischarmingman

Or, have all the pre-season looked over by the FAI, and the rubber stamped by an independent, third-party accountants= no fudging.

Guaranteed to be a fudge free zone. A licencing system if you will. No licence, no team.
15/11/2009, 8:24 PM
John83

Quote:

Originally Posted by Angus

Pay the players less. Not more. A lower number. A number that is less high than before

Personally, I subscribe to Bald Student's "Spend less money than you earn" school of economics.
15/11/2009, 8:26 PM
thischarmingman

Quote:

Originally Posted by John83

Personally, I subscribe to Bald Student's "Spend less money than you earn" school of economics.

He's a maverick alright, that one!
15/11/2009, 10:02 PM
Angus

Quote:

Originally Posted by PartySaint

I dont get it, would it not be easier to spend more and try get into the Champions League, that way you would be swimming and money and all your problems would go away

Yes, of course, you mean like Shels, Cork, Drogs, Bohs, Spurs, Newcastle etc etc etc - a guaranteed way to success - bet the ranch on getting to the champs league group stages

The upside ? Funding for a couple of years. The downside ? Extinction.

Hmmm...
15/11/2009, 10:19 PM
PartySaint

Quote:

Originally Posted by Angus

Yes, of course, you mean like Shels, Cork, Drogs, Bohs, Spurs, Newcastle etc etc etc - a guaranteed way to success - bet the ranch on getting to the champs league group stages

The upside ? Funding for a couple of years. The downside ? Extinction.

Hmmm...

Oh dear
15/11/2009, 10:43 PM
Ezeikial

Quote:

Originally Posted by John83

Personally, I subscribe to Bald Student's "Spend less money than you earn" school of economics.

No no no - that would never work!

Try "Earn more money then you spend" - have different people responsible for the "earning" side and the "spending" side - far more fun!
15/11/2009, 11:47 PM
Scrufil

Can we not just get a top movie director to make a good 'fictional' film about the 'poor' league that has more drama in 2 days than Fair City has ever produced in 10 years? If it was a good tear jerker it might attract in interest from all over the world never mind in our own towns and cities. We should play up the fact that as a 'poor' league we sometimes punch above our weight. Mind you I'd demand Pat Shortt plays the role of Delaney!!;)
16/11/2009, 12:52 AM
thischarmingman

Quote:

Originally Posted by Scrufil

Can we not just get a top movie director to make a good 'fictional' film about the 'poor' league that has more drama in 2 days than Fair City has ever produced in 10 years?

The Pat McDaid Affair.

Scene 1:

A grimly foreboding shoreline, wreathed in darkness. Two shrouded figures are hunched over a chessboard, perched on the cold, hard rocks beside the water.

Pat McDaid: Mother always said life was like a box of chocolates, you never know which you're going to get.

John Delaney: (pulling a packet of Custard Creams from under the table in frustration) Well, I think we always know what we're going to have from you Pat; M&S Finest Belgian Chocolates at the Brandywell every week, but when you come down here to Dublin all you can muster up is a packer of half-eaten Custard Creams.

Pat McDaid: (with a knowing smile) Living within our means John, living within our means. Besides, (he takes a cigarette from his top pocket and calmly lights it) we know what would happen if we ever break 65% rule on confectionery items....or at least, if we were ever caught breaking the 65% rule...

John Delaney can only glare as Pat McDaid stands up, the chilling grin still flickering on his lips. He flicks the cigarette into the icy waters. There is silence, each opponent staring into the cold eyes of the other, silently grappling mentally on this dark, windswept outcrop. The DART goes by.

Pat McDaid:...and this is the last time I'm ever letting you take me to Bray. Jesus it's cold!

Fade out.

(To be continued...)
16/11/2009, 5:47 AM
endabob1

Quote:

Originally Posted by Angus

Yes, of course, you mean like Shels, Cork, Drogs, Bohs, Spurs, Newcastle etc etc etc - a guaranteed way to success - bet the ranch on getting to the champs league group stages

The upside ? Funding for a couple of years. The downside ? Extinction.

Hmmm...

http://www.tottenhamhotspur.com/uplo...ults_nov09.pdf

33m Profit would suggest that Spurs are far from spending their way to extinction.

Where as West Ham appear to be having some financial problems

http://www.whufc.com/staticFiles/eb/...~147435,00.pdf
http://www.guardian.co.uk/football/2...risis-37m-loss

I thought you UCD boys knew all about finances :D

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