Cork City denied a licence; club to be wound up; FORAS to enter First Division

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22/02/2010, 3:55 PM
weecountyman

Wait, this is all over the place.
1. Didn't the FAI release funds from the Long transfer to Tom and co to pay revenue (which was done last Wednesday.
2. 2 reports on the radio - takeover not complete and takeover complete.
3. How can they justify giving a licence when blackmailed as it sets an almighty precedent.

edit: Licence to be given and battle ensues over shares with a pay off needed to rid the club of hangers on and then a series of court battles that cripple the progress of the club - I have an almighty fear of this happening and the ripple effect will hit other clubs - how much will external clubs rate our league, and thus players, in all this.
22/02/2010, 3:55 PM
pineapple stu

Quote:

Originally Posted by BreakingNews.ie

The High Court has heard that a consortium willing to pay Cork City's debts will do so if they are granted a licence by the FAI by 5pm this evening.

Link.
22/02/2010, 3:57 PM
Mr_Parker

I still can't get my head around FORAS buying a 20% share of a 1.2 million debt as opposed to starting a new club with a clean slate???
22/02/2010, 3:59 PM
Leeside Swagger

Just heard there that O'Keeffe "owned" Long and sold him to Burnley (ala Tevez), thats why he is saying he should have been paid first. The Judge is seriously p1ssed as she wanted it sorted today.2pm tomorrow is the new final deadline but we've heard that before....
22/02/2010, 3:59 PM
Fr Damo

At last............ a use for "An Modh Coinniolach"
22/02/2010, 3:59 PM
higgins

If Cork City FC has changed ownership then the licence committee need to now dish out the punishment for the broken deadlines, 65% salary cap, non payment of players, non payment of creditors and the lies told.

That was all done in the name of Cork City FC, I don't care who the owner was at the time...

The FAI/ILC have never let a change of owner wipe the slate clean previously.
Why should they do it now?
22/02/2010, 4:01 PM
SMorgan

I hope that a number of LOI clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.
22/02/2010, 4:01 PM
redgav

Quote:

Originally Posted by weecountyman

Wait, this is all over the place.
1. Didn't the FAI release funds from the Long transfer to Tom and co to pay revenue (which was done last Wednesday.
2. 2 reports on the radio - takeover not complete and takeover complete.
3. How can they justify giving a licence when blackmailed as it sets an almighty precedent.

edit: Licence to be given and battle ensues over shares with a pay off needed to rid the club of hangers on and then a series of court battles that cripple the progress of the club - I have an almighty fear of this happening and the ripple effect will hit other clubs - how much will external clubs rate our league, and thus players, in all this.

1. The money looks like it was paid by Stephen O'Keeffe which was a loan and what ****ed off the revenue so much,not gotten the full story from the court yet though
2.NEVER EVER trust Billy Barry
3.Don't care ..im off out to get hammered to celebrate a TNB freezone and the end to a 2 year nightmare
22/02/2010, 4:02 PM
tippex

Quote:

Originally Posted by SMorgan

I hope that a number of LOU clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.

Where's Maxi when you need him ;)

Have we got our own Maxi? Roo how are you fixed ;)
22/02/2010, 4:02 PM
mr.untitled

It is very sad to see FORAS as part of a consortium that is bullying its way to a PD license, have they learned nothing from this whole sorry mess? The FAI should hold off awarding the license till after 2 tomorrow. Its bray I feel for.
22/02/2010, 4:02 PM
redgav

Quote:

Originally Posted by Mr_Parker

I still can't get my head around FORAS buying a 20% share of a 1.2 million debt as opposed to starting a new club with a clean slate???

Its not 1.2 ,its under 600K...geting rid of the coughlans knocks 200k off it alone ...
22/02/2010, 4:04 PM
Dodge

Quote:

Originally Posted by SMorgan

I hope that a number of LOI clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.

Thinly veiled - "I WANT EUROPEAN FOOTBALL!!!"

And I@m not saying you shouldn't get it either
22/02/2010, 4:04 PM
tippex

Quote:

Originally Posted by mr.untitled

It is very sad to see FORAS as part of a consortium that is bullying its way to a PD license, have they learned nothing from this whole sorry mess? The FAI should hold off awarding the license till after 2 tomorrow. Its bray I feel for.

No the FAI need to grow a pair and make the decision that everyone knows and pretty much agrees should be made....
22/02/2010, 4:04 PM
Longfordian

Quote:

Originally Posted by Leeside Swagger

Just heard there that the Ladbrokes guy "owned" Long and sold him to Burnley (ala Tevez), thats why he is saying he should have been paid first. The Judge is seriously ****ed as she wanted it sorted today.2pm tomorrow is the new final deadline but we've heard that before....

How was he registered as a Cork City player then?, if this interest wasn't declared to the FAI and FIFA then there could be another mess to sort out. Or ignore.

Quote:

Originally Posted by higgins

If Cork City FC has changed ownership then the licence committee need to now dish out the punishment for the broken deadlines, 65% salary cap, non payment of players, non payment of creditors and the lies told.

That was all done in the name of Cork City FC, I don't care who the owner was at the time...

The FAI/ILC have never let a change of owner wipe the slate clean previously.
Why should they do it now?

Agreed, not to mention the behaviour of the consortium in attempting to bully them into awarding a Premier Licence. Is Cork City bigger than the integrity of the league?. We'll find out soon enough.
22/02/2010, 4:06 PM
chatterbox

Quote:

Originally Posted by SMorgan

I hope that a number of LOI clubs are also on to the FAI in the next two hours telling them to hold firm and not give into blackmail. Bray should be in the Premier Division Cork shouldn't.

Quote:

Originally Posted by higgins

If Cork City FC has changed ownership then the licence committee need to now dish out the punishment for the broken deadlines, 65% salary cap, non payment of players, non payment of creditors and the lies told.

That was all done in the name of Cork City FC, I don't care who the owner was at the time...

Thats how simple this situation actually is. The FAI won't be able to look any of the other clubs in the face if they ignore all this and award them a license, even first division is more than they deserve.
22/02/2010, 4:07 PM
tippex

Quote:

Originally Posted by Longfordian

How was he registered as a Cork City player then?, if this interest wasn't declared to the FAI and FIFA then there could be another mess to sort out. Or ignore.

Agreed, not to mention the behaviour of the consortium in attempting to bully them into awarding a Premier Licence. Is Cork City bigger than the integrity of the league?. We'll find out soon enough.

Well if we believe a well used footballing phrase.

"No one player is bigger than the club" by the same token "No one club is bigger than the League" but lets see if that holds true....
22/02/2010, 4:09 PM
Leeside Swagger

Quote:

Originally Posted by Longfordian

How was he regsitered as a Cork City player then?, if this interest wasn't declared to the FAI and FIFA then there could be another mess to sort out. Or ignore.

It was probably never meant to come out like this and I doubt anything was declared to anyone. I dont have the exact details but thats the word from court.
22/02/2010, 4:11 PM
tippex

According to here the Revenue are owed close to 164K I thought it was 107k....
22/02/2010, 4:12 PM
pineapple stu

So we now have (based on one radio report) a possibility where Cork have been messing around with contracts.

If only we had a precedent for action to be taken when clubs get caught with phony contracts...

tippex - at a guess, the E107k is what Revenue were suing for initially; the E164k is what it's up to now. So it seems it's now a case of pay everything or feck off. And I doubt they'd be slow to take action this season either.
22/02/2010, 4:12 PM
Mr_Parker

Quote:

Originally Posted by redgav

Its not 1.2 ,its under 600K...geting rid of the coughlans knocks 200k off it alone ...

Just going buy what was posted earlier...

Quote:

Originally Posted by Longfordian

Michael O'Connell has apparently said in the paper that the debts stand at €1.2m and they're prepared to take them on but Tom wants a pay off. I think he won't give a toss if the club gets wound up if he's not going to be getting anything out of the takeover.

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