Are you sure he isn't a wealthy property developer from Arkaga?
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Jesus they're onto a winner if they've managed to get him on board...
Great to see when some charity trickles down to the LOI from Irish ppl who've "made it".
Always grates with me a little bit when i see Irish ppl investing in British clubs. Even if their purely interested in making a profit, surely for a millionaire there's much more chance of a ROI if you take over a LOI team and get them into CL qualifiers than trying to succeed with a British team...
6 of 1 half dozen of the other really. From looking at the costs of running a LOI club there isn't a hope any team can be run in this country based on fans alone. Where could a group of fans come up with between €200,000 and €1.5m? So you either need a lot of sponsors or a few rich businessmen. Ideally a combination of both
I prefer a few (as few as possible) rich businessmen. Megalomania is more entertaining, just look at last season. :ball:
Precisely. For example, McGettigans tried to take over Bray and become the main financial backers there. They simply sponsor Harps. If you cannot see the difference in that, then I'm afraid there's no hope for you.
It's really not the same at all.
I've never suggested that any club is run solely based on fans. Even the likes of Harps, with one of the smallest budgets in the clubs history, still needed sponsorship from local businesses and more importantly, that of McGettigans as the main sponsor.
Fabio O'Brien is a new addition to our back room staff.
I see the difference.
I absolutely don't see the point you're trying to make.
Why is it not the same?
Harps despite the smallest budget in history (less than a fifth of Freddie halls wages I'm told) still need their "sponsors" Pats still need their "businessman"
We agree short to medium term deals with sponsors. We have a group of them at any one time. Some will continue to sponsor us for several years at a time, some will sponsor us for a single year. They have no obligation to us beyond their contract but they are obligated to put in a set amount of money during the term of that contract (obviously it is possible that some will break their contracts for various reasons).
When those deals are up we are free to negotiate with them for improved terms if warranted, or to look elsewhere. We will have a fair idea of which sponsors are likely to renew their deals allowing us to seak replacements.
Clusb who rely on one individual are completely at the whim of that individual. POS doesn't have a fixed term contract. He himself decides how much money he will contribute, and he can simply stop putting that money in mid season (as Arkaga did with City) or he can choose to reduyce teh amount of his investment from one season to the next (as he did at the start of the 2015 season).
So there's no real difference bar your straw man about medium term deals.
Glad that's cleared up. :good:
Also, afaik Limericks, Derry, Pats etc actively seek and indeed in some cases have, sponsors!
Hard to believe I know but I heard a rumour.
It's more difficult trying to explain this to you than it is the theory of evolution to a priest.
Depending on how much money the sponsor was reneging on/not renewing, it might not be that simple at all.
And if those contracts broken were for significant amounts that had been factored into a budget, the club would be screwed.
As for the rest of your paragraph, do you think Limerick are not also looking for sponsorship?
If those contracts were broken of course we would be screwed, though we woudl have legal recourse. Has a sponsor ever pulled out mid season before? A major one?
I'm sure you are looking for sponsors, but you rely havily on POS. That was apparent at the start of this past season. He reduced his investment and that cost you your spot in the Premier Division. I'm surprised at the response to this.
If Clonakilty decided they wanted to scale back their investment we would have forewarning and could go looking for a replacement.
Well, of course, the biggest difference in the models is who actually runs the clubs.
It's usually the businessmen putting in their sheckles in the 'traditional' model - and, yes, they also chase sponsorships.
In the fans-owned or co-op model, ultimately it's the fans who call the shots.
I'll throw this in here as it's somewhat LOI transfer related and I don't want to start a new thread!
http://www.irishtimes.com/news/crime...brom-1.2437031
I'm sure Tom Coughlan wouldn't have been involved in anything underhanded and it's all a misunderstanding.