Longford to face further sanctions?
Quote:
STRUGGLING Longford Town are facing the hammer blow of further sanctions after failing to meet another FAI imposed deadline.
The Midlanders had committed to paying monies owed to both current and former players by the close of business yesterday.
However, the Irish Independent understands that Longford failed to come up with the cash in time although they are hoping to have the finance in place by today.
Two weeks ago, Longford were deducted six Premier Division points and fined €6,000 for failing to comply with the requirements of the FAI Club Licensing Manual.
They had failed to furnish information about the club's finances and are being punished with a €2,000 penalty for every week that passes without providing those details. While it's believed that they are now in a position to supply that information, the club still had an obligation to pay bonuses owed to players both past and present by 5.0 yesterday.
For the full story- http://www.independent.ie/sport/socc...nt-689924.html
they are up the creek now.
their chairman said in a paper on tuesday that they would definatly have things cleared up and all monies owed to players etc paid back before yesterday but that was obviously bull.sad to see it happening though but i suppose there was only 400 people max at the game against us last tuesday night,you cant survive with those crowds.
Longford town refute Indo story
from longford town website
"Longford Town FC can confirm that all monies due to players and staff have been paid as per the individual agreements with the relevant players and staff, contrary to the report in todays Irish Independent."
Source
whatever about these payments, there's a seriously worrying trend for Longford.
I haven't been convinced of the ten team premier league, but given the persistent (and now somewhat more transparent) financial problems of clubs over recent seasons, it may be that that is what is sustainable in the longer term.