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Says on fai.ie that;
"The €5.275 million allocated to the 16 eircom League clubs today is in addition to the €2m allocated from 2002 to St Patrick’s Athletic and Dundalk FC which can now be drawn down".
Whats Pats and Dundalk getting €2m for? Assume Dundalk getting it for their pitch but Pats..
Was there something about they couldn't get the funds allocated at the time because they couldn't account for previous grant money that was given ??Quote:
Originally Posted by ifk101
Will we get a break down of what is happening to the money ??
I heard on Sky News Ireland that Cork City are to get €850,000. I can't remember what the figures were for any of the other clubs. AFAIK the money is only for capital expenditure, which in Cork's case I suppose means redeveloping the Shed and/or putting a roof on St.Anne's.
A Face, it's so far back I can't remember why we couldn't draw down the €1m in the first place, maybe something to do with not having the 20% needed to top up the grant (it only covers 80% of the cost of any work to be done). Definitely nothing to do with misapproriation of grants, though. We couldn't get at it to misapproprioate it! :D
I think we did get some kind of a bridging loan (about €40k, maybe one of the other Saints on here can confirm that?) off the FAI at one point but they've no issues with us over repayment of that.
For most of last year, it was frozen cos of the row between the FAI and the government over the Genesis report. Since Xmas, both the OPW and the FAI have been happy for the money to be released, and for a chunk of it to be used in making Richmond UEFA licence-compliant, but it was held up by the Sports Capital Programme not releasing it.
Terryland Park has received a €500,000 grant from the Government. The money received is part of the Sports Development Fund and it will go towards further development works in Terryland Park. It is hoped that the new stand on the Old Waterworks side of the ground can finally commence. The Galway FA and the Terryland Park Development Committee are to be thanked for their efforts in securing the funding.
www.galwayunitedfc.ie
So far the money given out to clubs are:
St.pats and dundalk combined total of 2,000,000
Cork City fc 850,000
Athlone Town fc 650,000
Galway United fc 500,000
Sligo Rovers fc 400,000
Bray Wanderers fc 375,000
Anybody here what the other clubs got if anything at all? Read that only 16 out of the 22 clubs got grants, I suppose Derry would be one of the clubs that got nothing anyway !
Shels are not sticking around in Tolka so only repair work will be done.
Probably dont need a grant..
are getting €300,000, this is the first grant ever which we can draw down. This is being used twords the building of a new stand and new floodlights i belive.
UCD are probably one of the six not getting a grant. There's a strong possibility that our ground will be making way for appartments and we may be moving in with the rugby team so there's a good deal of uncertainty surrounding the club.
Turners Cross getting 850k to contribute to €1.2m redevelopment of the shed end with i think 2000 seater stand, work expected to begin at end of 2005 season.
Waterford are recieving €600,000. :cool:
Aren't you supposed to be dead by now by your reckoning Partizan?Quote:
Originally Posted by Partizan
I presume your not allowed to use that to keep the club afloat. :(
Quote:
Originally Posted by Poor Student
we cant use it on the team. Since we dont own the RSC, the Council are reluctant to release the money to us to develop the RSC. Instead the Council may spend it somewhere else on the complex. Its up to the Directors of WUFC (all two of them) to come with the plans.
Sports Capital Grants
€15 million investment provides real boost for domestic game
The Football Association of Ireland and the eircom League have welcomed the Sports Capital Grants announcement by the Minister for Arts, Sport and Tourism, John O'Donoghue, T.D.
The Department today announced an allocation of €12 million for 2005 in addition to which allocations were made from 2003 of €3 million totalling € 15 million for investment in Irish football. eircom League clubs were allocated €5.275 million from the € 15 million.
Read more at www.a2zsoccer.com
Did you get approved a grant without knowing what you're going to spend it on?Quote:
Originally Posted by Partizan
That's not what I mean. Week is up is it not? Shouldn't Waterford Utd. not exist by now?Quote:
Originally Posted by Partizan
Quote:
Originally Posted by Poor Student
well done poor student, as i pointed out it was PARTIZAN who said waterford would be gone by next week and know one else! :rolleyes: he also referred to it being posted on the clubs website (he failed to mention that he put it there) :cool:
I think we got 40k or something. Someone said it to me last night but I can't remember who or the amount. :o
To be allocated to the Student's Union bar tab? :DQuote:
Originally Posted by Schumi