terrible news for Cork and the fans.
Coughlan should be hung, drawn and quartered.
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terrible news for Cork and the fans.
Coughlan should be hung, drawn and quartered.
Im literally stunned to say the least but in the long run it seems the right decision.. it did no harm to limerick at all when you think about it..
How can any club coming out of examership be allowed to purchase players like Faz, O'Donnell etc. It's total madness for this to be allowed happen. Coughlan spoke about cutting his cloth, if he was a business man as it's claimed he would have got all the facts first before setting out any business plan and then cut his cloth. The other side could be that he presented one face to the examiner but once in the door done the opposite! What happened to the other consortium that was bidding against him is there any chance of them reviving their bid. The dogs on the street in Cork have been saying for ages that this was going to happen because of TC many had business dealings with him or new him, at the time I thought it was a smear against the man, but was it!!
It's a real shame because at the club there has been some excellant volenteers that were let go or told leave who gave tons of time to City yet the club sought volenteers to help out!!!
Not only sign them, but outbid other clubs for them!Quote:
Originally Posted by Marco
Dreadful news.
it's very hard to get your head around. to me the only conceivable explanation for the spending and wages is that tom coughlan actually believed cork city could become a money making venture through champions league football etc. nothing else explains the club's behaviour...in the words of that guy at the end of The Bridge on the River Kwai: 'Madness, madness!'
Dundalk had both players as good as signed when Cork came on the scene waving a cheque and offer a considerably higher wage to both players. Any wonder they are where they are.
The automatic relegation of any club that enters examinership, as well as being a punishment and deterrent it would also act as a safety mechanism for the clubs themselves. I doubt if Cork would be in this position had they been relegated.
Cork? Nope Sligo beat them in a replay at the Showgrounds!Quote:
Originally Posted by SMorgan
What about ST holders? Will they get anything back?
back from who?Quote:
Originally Posted by Dunny
Even if they were listed as creditors, they'd be down the list, and revenue are top of that list
Good show there, very sad stuff indeed.
Why the hell wouldnt they take the money out of the man's bank account when he offered it???:confused:
Is it true that Cork was paying 500 euro goal bonus and something just as mad for clean sheets? ( not them clean sheets as in linen :) )
I believe that is true Lep. At least up until they entered examinership last year. POssibly it was renegotiated in January.
Who the hell were they paying a 500 euro goal bonus to? The keeper?:confused:
Its safe to say its a sad day for anyone on this forum. Most, bar the odd gob****e, are true fans of this league and news like this is obviously very very bad.
Yer man Coughlan should be banned from the city, more for his own safety than anything else, if i was a Cork fan I'd bloody shoot him
Oh stop the bloody dramatics. Cork didn't cut their cloth to suit and got what they deserved. Doesn't mean everyone is glad to see them go but rules are rules and have to be adhered too. The fact that it seems like this may happen makes this the most important day in recent league history. When you pick yourself up off the floor and stop sobbing you might realise that.Quote:
Originally Posted by The Midget Gem
I'm glad you pointed that out, you wouldn't believe the lenghty post i'd written about the wonders of Search Bio powder. I'd have made a right fool of myself :rolleyes:Quote:
Originally Posted by The Lep
But there was nothing the true fans could do about it. The examiner appointed coughlan and coughlan paid completely unrealistic wages. I feel sorry for the fans, because they couldn't really have done anything about it.Quote:
Originally Posted by Hairy Bowsie
I never said anything to the contrary but it's still CCFC and they still need to be punished, they can't play that "it wasn't us" card that Rovers fans do.
Oh I know they can't, and it probably was the right decision but I still feel very sorry for the genuine fans as I know they couldn't have done feck all to save their club which is the worst part. There's a difference too between themselves and shams, because shams are a members club, so they could have nobody to blame but themselves if they were to go out of business.Quote:
Originally Posted by Hairy Bowsie
It's still hard to believe that cork had such a high wage bill just after coming out of examinership. Like, is TC simple or something?!
To be honest i may be totally wrong but when the biggest sin Cork City fans made was not organising themselves to take control of their club coming out of examinership. The examiner had to give the club to somebody to run, and there was not a que waiting to take it over, TC passed all the FAI little tests ad was allowed to take control. But my issue was why did Foras not even attempt to take control?! When we looked doomed in the 80's we organised ourselves, Shams fans have done it as well it nearly an exact replica of the Cork situation a few years ago.Quote:
Originally Posted by Rovers fan
I also heard nobody complain about signings of players such as Faz and O'Donnell when they were made even though they already had looking at an expensive team. Instead TC seemed to be applauded instead of queried, to me nobody comes out of this as smelling of roses.
Afaik, potential ivestors had to show they had access to 500k. Sure you know how hard it was for ourselves to raise approx 50k when we were on the brink....Quote:
Originally Posted by Rovers Maniac
Kettle, pot and black.Quote:
Originally Posted by Hairy Bowsie
No it wasn't. Rovers had the 400 club up and running and a member matching whatever they raised(a loan I think).Quote:
Originally Posted by Rovers Maniac
We didnt take over the club because we didnt have the money. Coughlan came in with 500k for the examiner in the bank and the examiner said yes.
There was no hope of us raising similar in a few weeks.
Absolute rubbishQuote:
Originally Posted by Rovers Maniac
That's wrong, Drogheda beat Cork too.Quote:
Originally Posted by Conroy
Pld Pts
Bohemians 19 42
Shamrock Rovers 19 38
Derry City 18 31
Dundalk 19 26
Galway United 19 25
Sligo Rovers 18 20
Bray Wanderers 19 18
St Patrick’s Athletic 18 17
Drogheda United 19 16
I'd just like to add that I'm genuinely gutted for Cork City and all their supporters. This is an absolute tragedy that should never have happened.
Mad quote from TC in the Irish Times:
So he put 700k in and yet never managed to pay any tax? Yeah right.Quote:
The court was told Coughlan has put around €700,000 of his own money into City since taking over towards the end of last year and there is a feeling in some quarters he was not nearly as ruthless with the club’s cost base at that point as he needed to be.
Incidentally, while the rules may say that all results are null and void I still believe the fairest thing would be to retain the first two series of results and discard everything since.
Pfft. You mean your club didn't budget for nuclear armageddon? Pathetic.Quote:
Originally Posted by brianw82
Maybe the players who score the goals?Quote:
Originally Posted by Boo_Boy
I'm sitting here waiting patiently :rolleyes:Quote:
Originally Posted by Dunny
I hope the cheque is in the post.
If Cork fans want a football team in their city they will get together and put a team together with their own money.
If they dont want to do that then there will be no club in cork and we all move on.
simple.
Brilliantly put.Quote:
Originally Posted by brianw82
If there's any chance left at all, the very best of luck to Cork City.
Either that or he's an evil genius with a plan for world domination that none of us can see yet.Quote:
Originally Posted by Rovers fan
Agreed, it's the same for everyone and the table gets messed around a lot less.Quote:
Originally Posted by Mr A
Trust me Kilcoyne is a heroQuote:
Originally Posted by EnglishSource
It's sad news when any football club gets wound up. For all those Cork fans, what are they going to do now?
Is it a definite that they're to go then?
If you weren't so keen on churning out little internet soundbytes, you'd realise the idiocy of your post. Shels had no reason to blame previous managment or essentially Ollie Byrne, because we've been held accountable for everything he did and are still paying for it.Quote:
Originally Posted by Lamper.sffc
If they can raise about a quarter of a million by Friday, they'll limp on. No one really expects them to do so, and the consensus seems to be that if they did, they'll only be back in trouble by the next wage bill.Quote:
Originally Posted by awec
The likelyhood is that FORAS, the Cork fans' trust, will set up a replacement club to compete in the A Championship.
Which is, ooh - Friday. A record even for a LoI side?Quote:
Originally Posted by John83
Without reading back over everything again, can they be put into Administration again if they don't raise the money or would they be folded immediately?Quote:
Originally Posted by John83
Wage bill is tomorrow according to the player interviewed on the radio there - didn't get the name, but he was English, so Dan?Quote:
Originally Posted by pineapple stu