I saw in the star today that Dermot Desmond had a big role in the extra money being pumped in...
I saw in the star today that Dermot Desmond had a big role in the extra money being pumped in...
Lookk through the rest of his youtube videos couldnt bother makin a link.
Ah for christ sake, you don't have to be so sensitive. They're celebrating but they don't know why. If you listen, some of them even think they've been saved outright and not just given another stay of execution. It's f*cking embarrassing, no matter who you support.
Tom??? Tom Coughlan is that you? The last thing Cork need are more new signings. Their squad needs to be reduced, not increased. If they survive to the end of the season but fail to comply with the 65% wage cap then they will presumably be relegated and get the prize money for finishing last and not 1st, 2nd or wherever.
The FAI can't (shouldn't) give them any more money than for last place, and I don't agree with paying them the Setanta Cup money either. If they fold and can't fulfil them the FAI are out of pocket because the team that replace them will have to be paid too.
Maybe I missed the sarcasm in your post, i really hope I did
Or else you and the others are just looking for something to put down another club down about as usual?
I think a lot of fans would jump around like lunatics if one minute they thought their club was dead and buried and then all of a sudden there was even a glimmer of hope.
Also if you follow shels and not the league why would you call it embarrassing or feel the need to comment on it even?
Because it's embarrassing regardless :confused:
The last place club gets €40k.
http://www.irishtimes.com/sports/soc...241954245.html
Ah, I see - It's really €60k, taking into account the TV money
Maybe its straight forward but can someone exlpain to me:
CCFC have written cheques that have bounced (two in total i think), so then its fair to say there is no money in the business account. Yet the players wages are still being paid, so are they geting payed in cash or somthing.
It's interesting that the FAI have forwarded money to Cork. From what I know most clubs are in debt to the FAI in some shape or form. Fines that come from suspensions and league fees etc would go on your bill from the FAI.
Prize money will come off that bill. TV money comes off that bill,, Also other things like the use of your ground if you own it for junior games will come off the bill.
As Stu likes to say the Cawley fee was paid by the FAI and our debt to the FAI would have increased.
I would think few clubs in the league are all square with the FAI. Shels I know owed a lot of money to the FAI when we hit the wall. They made us pay most of this back, into six figures, before they would even entertain us with a First Division licence.
It's hard to imagine that Cork were up to date with payments to the FAI regarding fines and league fees. Leaving the FAI unpaid is normally one of the first things you do as they are probably the most unlikely to chase the money in the courts. They would stop it from the end of season prize money.
If Cork are up to date with all creditors apart from Revenue then fair play to them. They don't deserve any punishment but I'd be worried that they actually did owe the FAI money and what the FAI have done here is wrong.
Of course we'll never know if Cork were up to date with the FAI or not.
According to article by Linda Maher in the SBP, Cork have very little hope of having all the money on the table by Weds. (it'll be online later - will stick link in then)
the linda maher article is here http://www.sbpost.ie/post/pages/p/st...468-qqqx=1.asp
and equally I would imagine the FAI would be one of the first bills unpaid!
So to owe Revenue 436k and to owe the FAI nothing seems unlikely.
Although maybe because of examinership they were not allowed credit with anyone and in a round about way that could save them this time.
It seems a small amount of money to cause a club to go down. It just doesn't add up for me. There must be money coming in to the club. They have the biggest crowds for a start and have been one of the only clubs to get decent fees for players leaving.
Tom seems to be playing some sortof game. If he really thought the Celtic game would pay the remainder he'd have loaned the money himself and recovered it after the game (assuming he has it).
I also believe that others must have known about the problems and must still know about the problems now. They need to speak up and get this guy out.
I know only too well what one man and 100% ownership can do to a club :mad:
They check the books once a month to see how the clubs are shaping up for meeting the 65% rule at the end of the season. If they're way off, they can choose to impose a transfer embargo.
Cork seem to have been paid up on wages until the players took a voluntary deferral of wages on Thursday to help the club's attempts to survive their court appearance.
I'm all for criticising the FAI, and I don't think their financial monitoring has been adequate, but get your facts straight.
There are other creditors besides the revenue, but it's not that bad.
The advantage of going into examinership last season has been that no-one has been willing to offer us credit, so we're finding it hard to rack up debt, bar with the revenue and the people who work for the club.
Still completely missing the point. The clowns don't know what they're celebrating. 'I don't know, who cares'....
Ah leave the wee lads alone. I've been to matches where, having felt the sudden urge to miss a goal completely for reasons not well understood ( should pay more attention, I know), found myself jumping up and down with all the other lunatics. You can always get filled in on the details later.
No, you're completely missing the point.
They knew we hadnt been wound up, they didnt know exactly how.
That's what their celebrating.If you think for a second you wouldn't celebrate hearing you havent been wound up, hours after hearing you would be, even if you didnt know the exact details then you're delusional.
I don't believe that for a second. I can guarantee you that in a similar situation, I'd ask what I was celebrating before I'd jump around like a goon for 3 or 4 minutes before finally asking "what actually happened?". Although your man isn't as bad as the "I don't know, who cares" mong.
I don't care what you believe. I was there. I know exactly what happened and what the lads were told.
For the last time, THEY WERE CELEBRATING US NOT BEING WOUND UP, as was announced by us, the FORAS reps, who were there. They trust us not to wind them up.
What they didnt know, and didnt care at that moment, was how exactly we werent wound up, something many fans even at the ground that night werent sure of.
So, you are in a group of fans waiting for good (or bad) news regarding the winding-up (or not) of your club.......you're outside the club shop, everybody is listening intently to somebody who is giving info on the situation, but you can't quite hear...........then those fans who can hear start celebrating and jumping around, waving club scarves, chanting "We are staying alive"............but you wouldn't have even the slightest clue as to what was going on? You'd be asking people, "What are we celebrating here?"
In fairness, he was quite clear. He would wait three or four minutes while others calmed down before receiving confirmation, I'm not sure if it's verbal or written confirmation of the goal he'd look for. Then and only then would he jump around like a goon.
Lads you are all being ridiculous. You can't compare the 2 scenarios and well you know it.
What about those lads in the video, who believe that Cork had been saved outright?
SFC Red is the one being ridiculous by suggesting that people were celebrating without any understanding of why.
Micls has made it clear (as the video does) that people knew that Cork would not be wound up that day at least, but people didn't really know any more than that.
There is a Cork fan living around the corner from us. I was only home from Atletico Madrid game and heard singing outside. Went and had a look and seen a completely p!ssed Corkman in his gear, kicking a football and singing chants(Don't ask what chants because that accent and booze don't go together), followed by "I love City, I love City!" Wasn't bad on the ball even though he was plastered, Cork should sign him up! Funny stuff.:D