Here it is...Quote:
Originally Posted by Stuttgart88
http://www.irishtimes.com/sport/socc...lone-1.1878560
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Here it is...Quote:
Originally Posted by Stuttgart88
http://www.irishtimes.com/sport/socc...lone-1.1878560
The bit of reporting that caught my eye was The Irish Times referencing The Sun.
It was reported in The Sun yesterday, meanwhile, that Denis O’Brien is contributing €910,000 per annum to the association’s wage bill for the Irish management team with O’Neill receiving a salary of €1 million and Roy Keane getting €300,000 a year.
If (and it's a bit of an if) that's true, then the salaries paid are not OTT and can be just about justified in the light of O'Brien's contribution.
edit; probably those figures of €1M and €300k are what the FAI pay to O'Neil and Keane, the O''Brien contribution comes on top of that, therefore the total salaries earned by the manager and his assistant comes to € 2.2m.
It reads like a report from a North Korean or Russian parliamentary session. I feel like there is no hope for Irish football when I read about such charades.
http://www.irishtimes.com/sport/socc...-agm-1.1879778
It's a publicly funded organisation so some form of public pressure should be exerted to scrutinise the FAI's workings.
Pressure was put on the English FA to reform in 2005 resulting in this , which was not fully acted upon.
In 2011 Parliament initiated a new enquiry into the affairs of English football, although primarily to address the crazy financial shenanigans.
If a similar review of Irish football was undertaken does anyone think the current FAI structure would remain?
A bit more meat on the bone here in The Indo
http://www.independent.ie/sport/socc...-30463645.html
This article includes the questions presented to the FAI by the media but which were ignored.
Of these questions most are appropriate but I don't see the value in asking silly stuff like "do you regret the pricing of the Vantage scheme?". It serves no purpose and is only antagonistic. And I don't think Celtic Tiger era hubris is biggest charge that could be levelled at the FAI.
Interesting that there seems to be a move to properly coordinate the game structure of underage football, although the Indo seems sceptical that it'll get done. This is a Ruud Dokter initiative. Hardly visionary, but definitely worthwhile.
And why the interest in Paul Doolin? I presume most want him out, rather than some genuine humanitarian concern over his career outlook.
Geysir, you will have to omit that from the collage of wrongs :D
I got that from a friend, which if you had read the post properly you would have understood that, I also quoted it which should have been a bit of giveaway too! ; )
See the Indo article above.
See the picture.
Refer to previous comments about blazer culture.
The blokes to JD's left. No wonder they want to extend the officer's retirement age to 75.
Now look to JD's right. I've always had a mantra at work: never trust a bloke who wears a lemon shirt.
The future of Irish football is in these guys' hands.
and of course, there was no time for you to do any research on the points raised in the messageQuote:
Originally Posted by paul_oshea
Token football questionQuote:
Originally Posted by Stuttgart88
Exactly tets, i dont have time like you to do all this background searching and stuff. :PQuote:
Originally Posted by tetsujin1979
I knew there would be people on here that would have that information to hand, and save us all time.
Mine is people who wear short sleeve shirts.Quote:
Originally Posted by Stuttgart88
The man in the Lemon shirt, is a lemon, formely of lemon brothers.
ON a side crosby curveball. I've been "selected" for jury duty, the only thing I have probably ever been picked for involving more than me, any of you guys able to help me to compose a crypto-communist phraseology of a response, or I am predjudiced by my beliefs in a 32 county free state and do not recognise the British Courts system.
so you just posted something without verifying it first? Piers Morgan would be proudQuote:
Originally Posted by paul_oshea
Who is he tets? Is that social media?
It might be better to take some coverage of the AGM away from the sports pages and put it in the hands of the business editors for a different perspective and a different way of looking at a set of accounts. The kind of questions a Shane Ross, John McManus or Cliff Taylor would ask might not be so easily ignored.
Is that not half of all irish men?Quote:
Originally Posted by paul_oshea
IF doing manly irish things you are obvioulsy exempt such as, footing turf, filling turf, bringing home the hay, out feeding the cattle, etc etc.
If you work in an office or in anything other than "working the land" then you fall under this category.
I have the same view as Paul.Quote:
Originally Posted by bennocelt
I had a boss once who wore a short-sleeved lemon shirt. Failure on two counts. He also wore dark tinted glasses. He committed so many unforgivable fashion crimes he had no credibility at all.
He also had unfeasible hairy forearms. We nicknamed him The Hairy Lemon.
I'd bet anything that at weekends we wears his polo shirt tucked into his cargo pants and wears long socks.
As does half of Ireland too, over a certain age anyway.
Did he own that pub on stephen street lower by any chance?
'The FAI millions: where they come from and how they’re spent': http://www.irishtimes.com/sport/socc...pent-1.2264229
I think I read somewhere that although FIFA pays a lot of money to where it's needed / wanted, a huge % actually gets paid to FIFA itself - and that's what is actually disclosed.
Guus hiddink has resigned as Dutch manager....
JD get out that 5 million quick. ..
.
The Football Association of Ireland’s debt now stands at €51.2m according to its most recent accounts.Quote:
Originally Posted by RTE
FIFA's €5 million payout to the FAI in the wake of the Thierry Henry handball has now been mentioned in a cover letter accompanying the accounts for last year.
The accounts and letter have been circulated to delegates in advance of the FAI AGM in Sligo next month.
FAI chief executive John Delaney and president Tony Fitzgerald have also written to delegates to warn that the results of the senior team in the autumn will determine the financial position of the association.
The FAI does not budget for qualification for major tournaments.
In better news for the FAI, turnover increased by 4% to €38m.
UEFA’s new centralised television deal guarantees the FAI €10m per annum and this was a factor in the rise in turnover. Sponsorship income also increased to €8million.
UEFA is owed €5 million according to the accounts, but this figure was stated at around €8.5 million by the European governing body just a number of weeks ago.
The FAI has continually stated its ambition to be debt free by 2020 but this appears a tall order, especially given the precarious state of Ireland’s EURO 2016 qualifying hopes.
The Irish Examiner has reported that Delaney had agreed in mid-April to answer questions from journalists relating to the accounts at the summit in Sligo, but that the press event has since been cancelled.
http://www.rte.ie/sport/soccer/2015/...t-51-2million/
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Doing a stand up job is our John!
In 2013 loans were reported at 43 million - but I am not sure which figure refers to stadium debt and which refer to total debt.
http://www.independent.ie/sport/socc...-29863091.html
I would love to see something from the FAI showing how they projected the debt being paid off by 2020, compared with actual payments made. Are the FAI on-track? If not, how far are they off-track?Quote:
The Irish Independent can reveal that the football association came to an agreement on the write-down of its Aviva Stadium loan at lunchtime yesterday, after almost six months of negotiations with Danske Bank.
A source close to the talks said the successful renegotiation of the FAI's loans, which now stand at €43m, leaves the association "in a very good position to achieve the objective of being debt free by 2020".
"This was a phenomenal bit of business when you think about it, almost a quarter of debt reduced following months of intensive negotiations," said the source.
FAI accounts for 2012 showed it owed €59m on the Aviva Stadium, which had put the deal in a perilous position.
I guess we never will see such a statement though.
Bank loans at end 2010 - 63.0m
Bank loans at end 2011 - 58.9m
Bank loans at end 2012 - 58.9m
Bank loans at end 2013 - 48.5m
Don't know exact 2014 details yet. Don't know why the drop is stepped - 5m, then nothing, then 10m - but they're hacking through the debt. At 5m a year, it'd be down to under 15m by 2020 - maybe under 10m given lower interest costs towards the end of the loan. It's possible.
5m a year on interest though - imagine what the LoI could do with an extra 5m a year in prize money. Turnover is up from E8.7m in 2001 to 38m in 2014 - E30m a year extra, yet what has the league really got for that?
But according to Bonnieshels link above, debt at the moment is 51.2 million - is this all debt, or stadium debt, or is there a difference?
Also, that lists actual bank loans - I'd love to see what they projected for each year until 2020.
Greece has a plan to be debt free in 12 hours. Tell the lenders to F off.
I just looked up the CRO - 2014 not yet filed.Quote:
Originally Posted by osarusan
In 2013, on top of the bank loans, long-term creditors also includes €9.6m of deferred income - sponsorship paid up front; possibly Aviva for the ground naming rights. Then there's a piddly bit of lease amounts due, and trade creditors due after one year of €1.3m; not sure what they are.
That's quite the turnaround in a year.
In terms of the headlines yeah, but you get the impression from reading the article that it's a bit of a fanciful notion.
I like their insistance on being debt free, the only way I see it is that they get some major payment in 2020 for the Euros matches being hosted here. I can't see Euro 2020 providing as much cash or nearly as much as this year or the last few euros. It's too disjointed, how will the UEFA laws apply to marketing, and how will the marketing work for it in general?
So the next question is if they are debt free and they can keep increasing their income, where will the money be distributed. NI are putting most of their Euro pot back into underage development. It would be great if they put 5 mil a year into underage and the rest into LOI. But would an increase in prize money just mean the same average players in LOI getting more money, thats not really a good investment.
They can just default. That'd make them debt free. Asset free too, ultimately.
They'll hardly default if they are 8/10s of the way paid by 2020, thats pure stupid. End up having to pay rent to then go back to use LR. :8 :/Quote:
Originally Posted by Stuttgart88