Wasn't it "cleric issue" that was blamed last time and then we found out that they just hadn't got the money.
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Wasn't it "cleric issue" that was blamed last time and then we found out that they just hadn't got the money.
The money was just resting in Father Ted's account.Quote:
Originally Posted by Hairy Bowsie
Apparently there was also a 'problem at the printers' the time the programs weren't available.Quote:
Originally Posted by Hairy Bowsie
Just another in a long line of dramatic own goals by the club it seems, and the whole 'clerical issue' rings hollow.
I get paid by Bank Transfer every second Thursday, everyone in my place of work has the money in their accounts at 0:01 on the Thursday regardless of the Company's bank or the employees.
It's beyond embarassing at this stage, I'm seriously worried. While I appreciate that we have zero income until the first game of the season, the current situation is completely unacceptable, people are working their backsides and come payday, they're being treated with a complete lack of respect.
So sick of it at this stage.
Who's bank account - maybe it could be used to pay your staff.........Quote:
Originally Posted by political_rebel
good point and this 500,000 lodgement has never been confirmed by anyone only coughlin and co. he bought the club for one euro. didnt buy the pub he was saying he was buying............and on and on. i wish this season clubs would stop waffling and concentrate not on winning stuff (if that happens fair enough) but what we all know is important, survival.Quote:
Originally Posted by Celdrog
It was confirmed by the examiner...how long it stayed in the account is another matter though....Quote:
Originally Posted by gael353
Did most of it go to Mathews?
I havent a notion what was doen with the money, or if that particular money was spent at all. The examiner made it a condition that he lodge 500k in a bank to prove he had funds, thats all I knowQuote:
Originally Posted by pineapple stu
You're way off on both points.Quote:
Originally Posted by gael353
Coughlan had to show that he had sufficient funds to meet the proposed scheme of arrangement with creditors and to implement the business plan he submitted to the High Court. That the examiner confirmed evidence of these funds is a matter of High Court Record.
The cost of getting the club was the scheme of arrangement with Creditors, 7.5% to unsecured creditors, 15% to the revenue commissioners.
The issue is whether or not he's using the money that he proved was there and had indicated would be used for CCFC. Stories in recent days suggest he's incredibly slow to do so unless backed into a corner. The treatment of staff and players through this is just not on, they've been through too much as it is.
Cork City FC will take years to recover from the bad reputation we're currently cultivating.
if this is true its 2 fingers to players and FAI--think its time to pull the plug on these fools-who wer still signing players up to last week with apparently no money to pay them-- here we go again and the season hasent kicked off yet ---:mad:
The star article claims we have til Friday to sort it and Finn Harps are on standby
Rumours are the players are going on strike. Surely it would be way too short notice to throw Finn Harps in if it comes to that
Just so we're clear, it's one person who's respnsible for every decision at the club and for every penny spent or otherwise. The rest of the 'fools' are the ones who have spent months getting us a licence only to find their bank accounts barren this weekend, they're people with kids to feed, bills to pay, mortgages to service and lives to live.Quote:
Originally Posted by Guitd
Relegation now would finish our club, our budget [apparently] is based on top flight gate receipts etc., we'd go straight into liquidation. I don't see how it could be avoided. Tom Coughlan could make thousands of enemies in one fell swoop.
I'd say Harps have already been informed to have plan B ready to go, they only need to get to Sligo Saturday week, they can manage that to start with anyway. Hard to argue with the players going on strike if they haven't been paid, they've been through it all before and should never have had to go through it again.Quote:
Originally Posted by GUFCforlife
Harps with a plan B?!?Quote:
Originally Posted by tiktok
Comedy Gold!
If you won't, Fingal will!Quote:
Originally Posted by Mr A
Very disapointing to hear about the Cork situation.Quote:
Originally Posted by tiktok
But if its true, then they really should be demoted.
Enough is enough at this stage
If so hopefully Harps are in a position to take their place
rather than Fingal
It wont be Fingal as they only got a first division licence due to the pitch size.
Didn't Fingal fail to get a Premier Licence?