Unbelieveable
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Uh oh...looks like the jinx of "buying" the league is hiting another club yet again!!shels, den the drogs, now bohs!!
whats so unbelievable?? :confused:
pretty reasonable step to take considering the change in circumstances - shouldnt this be in the financial facts and rumours thread?
Believable
look. Bohs have done nothing wrong this year. We have paid our players in full and on time each week. We submitted projections to the FAI which were accepted. Our circumstances have changed and our projections have changed in line with that, therefore cuts have had to be made for next season. I dont see anything hugely unreasonable in any of that.
It is no different to what has happened (mid season) at Sligo and Galway. Cork and Drogheda have encountered similar overspending and far worse problems than we have had this season. St. Pats have released 8 players since the end of the season. Derry are rumoured to be cutting their budget.
Wise up for fcuks sake.
But ye broke the rules if ye didn't generate €3m in revenue....:confused:
So deduct us ten points then! :p
We will be cutting our expenditure by roughly the same percentage that most other clubs will be. Its called living in the current financial situation. A lot of clubs will be cutting by a bigger percentage. I really think people should get over this Bohs bashing sh!t. No, actually, don't because its kind of funny. We'll just keep enjoying our second double in seven years while the rest of you whinge.
no, we didnt break the rules any more than any of the clubs i mentioned.
the fact is that the certified projections we made to,and accepted by, the FAI. That we probably did not make 3m in revenue is immaterial to the best of my knowledge. Though its still a grey area as it is the first season of the "salary cap". Its flawed, for sure, but i dont think we have anything to fear in THAT regard. Possibly other problems down the line, yes. But who knows for sure what is in store... i certainly dont.
For B&W to say we bought the league is pretty lazy. We were not the leagues biggest spenders by a long shot.
How will Fenlon manage on a more reasonable budget?
Going to be a competitive year next year for the league title.
It was supposed to be competitive this year, until yous went and ruined everything by winning every game. You ruined everything - ruiners!Quote:
competitive league next year? Definitely
If we have the group of players from 2008 season plus one or two others I'd agree we could compete. But with us due to go to a mixture of part time and full time next season, it's very unlikely we'll compete for the league title. All depends on what budget is decided on for next season I suppose, and if Cook accepts it.
No time is a good time to be in the sort of pickle we're in re the land deal, but in some respects, it's not the worst. Pat's apart, no one will be able to offer silly money to tempt our players away, and we can offer reduced contracts, but bigger bonuses for Euro wins. A few biggish earners will be off the payroll this year - Singh notably. Kalonas is gone, and Deegan will probably follow; unfortunately, Murphy may go too, but if he does we'll get real money for him, so we can stregthen from that.
And for the last time, we didn't buy the league - we finished 19 pts ahead of a team with a much bigger budget.
It says if Deegan goes Shels get a cut of it but we(Galway Utd) should get a cut too,shouldnt we?
And why would we be entitled to a cut?
A budget cut like that would ,ironically, given the other clubs in freefall, move us from fourth highest player wage budget last season to second ( or third ) highest, next season.
Pity that we`ll have to offload 7 or 8 from the squad, but I`d reckon the remaining squad will be good enough to compete for the two major trophies at the end of next season......as long as we can hold on to Fenlon.
It still beggars the question: Why aren't they being brought to task over blatantly disregarding the salary cap? They broke the rules, pure and simple.
Its obviously not pure and simple
I thought Bohs overall budget was 2.5m this year of which 1m came from Carroll. Figures mentioned of 1.8m playing (wages) budget would seem to be in line with 65% of 2.5m. Without the 1m next season from Carroll they are going to cut 600k from wages & maybe 400k from other areas?
If this proves to be the extent of Bohs worries then I would imagine the fans will be extremely happy.
Still presumably a huge risk its re-arranging deckchairs on the Titanic stuff as Liam Carroll will be going for the jugular as he needs every cent he can get at the minute.
Pat's, Drogs, Cork City, Bohs, Derry had the leagues biggest wage bills last season, in that order. I touched on this briefly on another thread Dodge, but the PFAI are the ones who've put that information out there.
The cut doesn't add up for me either, I know they'll hope to bring in more meaningful European money next season with the CL, but €600k seems to be a drop in the ocean compared to the cut they seem to need.
Setanta money too of course.
But their 2007 accounts showed interest of E100k. If their overdraft/loan is now up from E1m to E4m, that figure alone has skyrocketed, so they need to cut even more than E1.5m off their budget. Which would basically involve going amateur.
Well as Pete has pointed out, the figures are those that have been returned by the clubs to the FAI and leaked by the PFAI. If any club has made fraudulent reurns then the same terrible fate will befall them as happened to Rovers a few years ago .....err..... a minor point deduction
Have Bohs included the interest that Carroll and the banks will probably be looking for?
Would that not add up to quite a lot of there outgoings next season?
The money for winning the double and the money from the CL will defitnitely help and would be a very tidy sum though.
Exactly how did they calculate it though. Say, for example, a player has a fixed wage plus appearance fees, goal bonuses, win bonuses etc, the only way to calculate the real figure is to look back at the end of a season. If that's what they've done and that order is actually for the 2007 season then it makes sense.
600k playing budget cut? That's nearly twice what our whole budget is, and even bigger multiple of Bray's I would imagine...
If Murphy goes for £150k then irish football might as well shut up shop - he's worth 10 times that; thing is, he knows it, and won't settle for being a reserve keeper or being undervalued, i reckon. We need the money, but Murph could be the difference that gets us a round further in the CL which would be worth more than what Hibs are offering