No End In Sight Says Derry Journal
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No End In Sight Says Derry Journal
That is one fan.
The rest of us have been warning of this for months.
Jeez! I didn't quote myself [sic] in order to try to "justify" what I was saying etc; rather it was to clarify your response i.e. maintain the train of thought.
Still, I suppose it all helped deflect from the point which I was making, about which you have rather less to say...:rolleyes:
To clarify my original point: I did not say that owning your own ground is the only secure model for operating a club. If a club has a long lease on a ground, that can also provide security (to raise capital etc), or even if it has a long relationship eg with a supportive Council or Football Association etc which does own their ground.
It seems to me that the root of DCFC's problems are that they have none of these, therefore when they "hit rough water", it is so much harder for them to find someone prepared to "bale them out".
P.S. It bodes ill in the future for those clubs which have sold their ground, without securing a replacement. As a means of saving a club, selling your ground is something that only works once. Or twice, if your Bohs...
EG - I don't know why you insist on tying yourself in knots with strange conjecture and chin-scratching over DCFC.
The bottom line for City is the same as it is for every other club. We need to be run in-line with our income. As we have consistently had one of the biggest crowds in the league, that should give us a decent shout at silverware (so long as everyone else plays within their means, which appears to be slowly happening).
So ownership of our ground is a complete red herring, and not the source of our problems. Bad management and chasing the dream has been the deeper problem. The reason for which probably has more to do with the fact that Derry is a graveyard for ambition - and was made deliberately so by generations of Northern Irish administrators. People of talent leave Derry - and whilst there are good people who remain, they account for a much smaller percentage of the city than a more successful town would have.
Back on topic. The bad times for clubs should be on the field - not getting yourself in such a hole that you have to flog your assets to cover your operarting costs. There's only so many times a league ground can be sold/mortgaged.
Live within our means. It really is that simple....
If I have "tied myself in knots", you haven't demonstrated how. As for my "conjecture" and "chin scratching", pardon me for being interested, or having an opinion...:rolleyes:
No-one, including me, is saying that clubs should not live within their means - that much is a given.
But while a club can never ignore good business practice, football is not like most other businesses - that's why people who have been succesful in 'the real world' are often notably unsuccessful in the unreal world of football. For instance, the demand for "Success Now", even when it conflicts with long-term planning etc, is more marked in football than most environments.
And even where a club sticks rigourously to sound management practices, they can still be knocked off course by events beyond their control.
A good example is Arsenal - arguably the best managed club in the EPL. Their Board, whose members are no longer "wealthy" in modern footballing terms (eg Abramovich), have been desperate to fend off Arab Sheikhs and Yankee Billionaires, who may not have the club's best interests at heart, from taking them over.
Therefore, the whole Highbury/Emirates move was designed to have two elements: 1. The Emirates would double revenues (it has), whilst 2. The profit from the redevelopment of Highbury (which they kept in-house rather than selling to a Developer) would produce a massive capital injection.
Of course, they didn't anticipate the Crash, so that Highbury will now probably just break-even, which is what now makes them vulnerable to Kronke and Ushmanov(sp?).
Anyhow, my point is that even the best-run clubs need capital, with the only difference between eg the EPL and the LOI being the number of noughts on the end.
Unless, of course, Derry is different in that respect, as well as in so many others...:rolleyes:
Do the FAI have to have a specially convened Board meeting to officially bail out Derry?
http://www.loi.ie/index.php/about/pr...fai-statement?
Did they convene a special Board meeting when Shels went bang in January 2007?
Did they **** - they summarily relegated us and have been riding us rock solid ever since. :mad:
Any bail out would have to involve relegation.
That's some quality self pity right there. Who says they are going to bail them out?
They don't need a board meeting to relegate them or sanction them under the licencing rules?
They're obviously going to do something extraordinary that requires an extraordinary board meeting
It's getting worse:
http://www.irishtimes.com/sports/soc...258186469.html
Quote:
The FAI met with club officials last night and, speaking today, chief executive John Delaney hinted at the seriousness of the issues discussed.
“If we do find a situation where we have been given information that differs from what it should have been, then we will take it very seriously,” he said.
“All I can say at this, points is that there are grave concerns after the meeting that took place last night.”
The club has for some months been engaged in a behind the scenes row with players over unpaid wages. It came to the fore nearly two weeks ago when the squad spoke to local press and claimed they had been told they could leave on free transfers.
Any debt is in breach of the rules. This also (once again) proves the submitting of monthly accounts to be a joke.
Missed one of the most important bits there:
Quote:
The decision comes amid growing speculation that there are irregularities in some documentation supplied to the FAI by the club at the start of the season.
Oh aye - this sounds like a potential bail-out alright!
:rolleyes:
http://www.irishtimes.com/sports/soc...258186469.html
FAI call meeting over Derry crisis
The FAI has convened an emergency board meeting for Saturday to discuss the future of Derry City.
The decision comes amid growing speculation that there are irregularities in some documentation supplied to the FAI by the club at the start of the season.
The FAI met with club officials last night and, speaking today, chief executive John Delaney hinted at the seriousness of the issues discussed.
“If we do find a situation where we have been given information that differs from what it should have been, then we will take it very seriously,” he said.
“All I can say at this point, is that there are grave concerns after the meeting that took place last night.”
The club has for some months been engaged in a behind the scenes row with players over unpaid wages. It came to the fore nearly two weeks ago when the squad spoke to local press and claimed they had been told they could leave on free transfers.
The club's debts are believed to be upwards of €300,000, while Dungannon Swifts have begun a winding up order of over €30,000 for monies owed following the transfer of Niall McGinn to Celtic.
Derry will finish the 2009 season away to Dundalk tomorrow and amazingly are guaranteed fourth in the league, though they could make third if Cork lose to Galway at Terryland Park.
Is Dortie in this thread, Davy who is registered on Shelsweb because if they are one in the same, i may just fall off my chair laughing?
Methinks this isn't going to end with a 7 point deduction.
Methinks Derry City will be no more very soon:(
If the above is the case then maybe the extraordinary meeting is to throw Derry out of the the League of Ireland all-together.
They can be relegated to the 1st Div or the A League under normal licence rules as happened with Shels & Cobh.
Whatever - it promises to be an extraordinary development.
If people read between the lines on some posts in this thread, the answers are threre.
Sounds like the voices of reason were patronised and scoffed at.
A familar story with LOI Clubs
The confident front put up in public seems to have been just sheer brazeness and without any logic or substance.
The comparison with the incredibly deluded Iraqi Minister is perhaps overused but very apt.
If I was a Derry fan I would be beyond angry. Also if the voices of reason resist the temptation to say "What have we been trying to ******* well say for the the past whatever Months" then they are better Men than me.
It's been nice knowing you all.
Sounds like our Board (or as many of them as can be arsed to turn up) are going to be tied to a radiator, put under a bright light, and asked to explain the irregularities in our 2009 licensing application that was mentioned in the press article.
If we got our license on false pretences, what's the penalty ? At the very least would have to be instant demotion to D1, with no money for league finish this season (on the basis that we shouldn't have had a premier license).
I sense the saga of our mortally wounded Board may be drawing to a close along with the season itself.