Financial Implications of Euro Exit for Bohs

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21/07/2010, 2:21 PM
Ezeikial

Financial Implications of Euro Exit for Bohs

Leaving aside the unexpected performance against TNS, I wonder what impact this will have for Bohs from a financial perspective.

How is it likely to affect Bohs compliance with the 65% rule?

If Bohs had previously based budgets and spending on winning the league, is it fair to speculate that their budget likely included a minimum of 3 rounds of Euro participation?

Champions League (2 Rounds x €130k ?) €260,000 plus Europa League at €90,000. Anticipated gate receipts say €75,000.

Obviously costs such as away travel and player bonus would have been factored in, but ancillary revenue including possible TV money would perhaps also have been in a budget.

Could it be that the hole in the budget is now in the region of €300,000?

What action are Bohs likely to take?
21/07/2010, 2:23 PM
Macy

Should it have any effect. If we have a proper licencing system*, they wouldn't be allowed budget for progress in any cup competition.

*A pretty feckin big If .
21/07/2010, 2:27 PM
Dodge

http://www.herald.ie/sport/soccer/bo...s-2266497.html

“I feel low and I did feel like walking away from it all. We need to have a look at everything, starting with my own position. I don't want to walk away but we have to reassess everything.

"We will have to look at letting players go, and fairly soon. I will have a look at that over the next day or two and see where we stand.

"I don't want to let players go but I think I will have to. I need to talk to the people within the club. We will take stock and see where we want to go. We are struggling to carry on so we need to sit down and take action,"
21/07/2010, 2:31 PM
redobit

Looks like they could have handed Shams the League too.
21/07/2010, 2:39 PM
Mr A

Surely if the FAI would not allow Bohs to include the prize money for 3rd place in their budget then they would not have allowed them to include monies related to progression in Europe.

So it may well hurt Bohs long term, but for this year it should not make too much of a difference.
21/07/2010, 2:40 PM
dong

Quote:

Originally Posted by Dodge

http://www.herald.ie/sport/soccer/bo...s-2266497.html

�I feel low and I did feel like walking away from it all. We need to have a look at everything, starting with my own position. I don't want to walk away but we have to reassess everything.

"We will have to look at letting players go, and fairly soon. I will have a look at that over the next day or two and see where we stand.

"I don't want to let players go but I think I will have to. I need to talk to the people within the club. We will take stock and see where we want to go. We are struggling to carry on so we need to sit down and take action,"

Doesn't look too good.
It is obvious from that statement that Bohs' budget did indeed rely on further progress in the CL.
Why else would they have to let playeres go?
I don't know what the norm is in other leagues but in the context of our league, budgeting for financial rewards from arrogantly anticipated European progress is braindead stuff.
Having said that, there was the same stuff doing the rounds after their Euro exit last year and not a lot has changed.
Win the league again and I'd say the roadshow will continue.
21/07/2010, 2:41 PM
Dodge

Quote:

Originally Posted by redobit

Looks like they could have handed Shams the League too.

Bohs squad, even with 2/3 departures is still vastly superior to that of other LOI clubs. All depends on who comes in as manager, but anyone thinking Bohs won’t be in the top 3 (at least) and fighting for the league in October is delusional
21/07/2010, 2:53 PM
Straightstory

Fair play to Fenlon. Not putting a gloss on it - and sharing the bitter disappointment of the fans.
21/07/2010, 2:59 PM
Macy

Quote:

Originally Posted by dong

I don't know what the norm is in other leagues but in the context of our league, budgeting for financial rewards from arrogantly anticipated European progress is braindead stuff.

And what does that say about our Licencing system? Another season, another discrediting....
21/07/2010, 3:01 PM
dong

Not a whole lot but we pretty much knew that anyways.
21/07/2010, 3:05 PM
redobit

Quote:

Originally Posted by Dodge

Bohs squad, even with 2/3 departures is still vastly superior to that of other LOI clubs. All depends on who comes in as manager, but anyone thinking Bohs won�t be in the top 3 (at least) and fighting for the league in October is delusional

As you rightly said, it depends, but i dont think they would have made a statment like that if they were letting just one or two players go. This much uncertantity and unheaval off the pitch will affect there performances on it, and at this stage of the season, on the run in for a title....
21/07/2010, 3:22 PM
dfx-

Quote:

Originally Posted by redobit

Looks like they could have handed Shams the League too.

At least some good would come from the defeat then...
21/07/2010, 3:57 PM
Dodge

Quote:

Originally Posted by redobit

As you rightly said, it depends, but i dont think they would have made a statment like that if they were letting just one or two players go.

They didn't make the sttement. nutsy did when talking to a journo the night after they lost in europe. Loads to be decided I'd imagine
21/07/2010, 4:01 PM
SkStu

Quote:

Originally Posted by Macy

And what does that say about our Licencing system? Another season, another discrediting....

i think we should wait and see what conditions were imposed before slamming it already. I would be hopeful that we werent allowed to budget for progression in Europe similarly how we werent allowed budget for winning the league. In other words, no more than e330k which is the guaranteed amount. We may have tried to (i honestly dont know) but thats another matter.

Even if we are okay in relation to the SCP, this will still have huge implications for us and our structure going forward.
21/07/2010, 4:45 PM
Ezeikial

Quote:

Originally Posted by SkStu

In other words, no more than e330k which is the guaranteed amount.

Do you know how this guaranteed €330k breaks down?
21/07/2010, 4:55 PM
SkStu

No i dont, and dont see what youre getting at. All i know is that is the figure that has been reported regularly in all the news articles.
21/07/2010, 5:12 PM
Ezeikial

Quote:

Originally Posted by SkStu

No i dont, and dont see what youre getting at. All i know is that is the figure that has been reported regularly in all the news articles.

Suggest you chill a little - I wasn't "gettin at" anything, other then how this breaksdown.
21/07/2010, 5:29 PM
CharlesThompson

Quote:

Originally Posted by Ezeikial

Suggest you chill a little - I wasn't "gettin at" anything, other then how this breaksdown.

Maybe you should become a member Ezeikial seeing as you appear still to have an almost insatiable compunction to know how Bohs do things?
21/07/2010, 5:50 PM
SkStu

Quote:

Originally Posted by Ezeikial

Suggest you chill a little - I wasn't "gettin at" anything, other then how this breaksdown.

Sorry my wording came across as terse, which i didnt intend (but probably am - its a little hard to chill after yesterdays roasting). I just dont know what you mean by breakdown? We get e330k for appearance in the 2nd qualifying round of the Champions League. Do you mean is it in staged payments? I dont think so.
21/07/2010, 6:06 PM
Dodge

It is. You get some money for "expenses" and the rest when the whle champions league kitty is divvied up

EDIT; the expenses are a fair whack. something like 40k per round

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