Looks like Galway got their problems sorted at exactly the right time. They could be safe yet. Lads its always the way that teams are kept up if teams above them are relegated for any off the field matters so it wont be a conspiracy.
Printable View
ya but galway decided before it was too late to stop overspending ,,got rid of players when trouble started some clubs have continued til they wer either safe from regulation or could no longer win the league then they decide to come clean whos right ?or whos wrong?
Any hope of them being deducted points? Heard they haven't being paying tax as well.
apparently drogs owed €10,000 to bohs for kiev game - bohs got 400 tickets at 20 a pop this morning so bohs keep that 8k and apparently are writing the kiev debt off at that. whether people travel or not drogs now owe bohs nothing and bohs have 8k cash which is better than a bad debt of 10k! Still sh!t obviously though.
not a defence but a fact that premiership - best league in world (more CL semi-finalist in past years than other leagues) had a €3billion debt in one year. borrowing money for success seems to be the modern game.
everyone knew that the Drogs directors agreed to cover debts that would accumulate pending the realisation of their sound plan of the new stadium with ancilliary revneue streams. This stadium cannot now be realised so the covering of accumulating debts cannot go on. They were completely right to start building the club ahead of getting the stadium sorted- pretty sh!t that it didn''t come to fruition but that's what's happened.
Pineapple Stu is a jerk if he really believes that more failures are good for any league - we have a bad enough rep as it is without destroying ourselves from within.
FAI allowed the league to die years ago. Our national team punched above its weight for so long - our youth leagues and teams like St. Kevin's etc. are well organised - why don't we fill in the gap with a nationally organised league, wage cap, centrally contracted players, a draft from youth leagues. look at some american sports.
Probably be no DUFC next year and it's such a shame - might have bought our success but who EVER hasn't! Could have been so much different had HUghes's stab at a ball in Kiev gone in - could be playing CL group footy (not blaming Adam just wondering what if).
look at the irish economy people - bohs are next - good luck to anyone except UCD and rovers for any year after the year after next. My money's on rovers!
Why is there no report on the RTE website seeing as they broke the story? I didn't see the news. They've also moved their other "EL bad news story of the day" involving Longford way down the list of their stories on the site when it was their second lead story (and rightly so, don't know why they thought it was of national interest in the first place).
Um, what? Why are Drogheda's directors getting off so lightly here? They didn't have to hand out mental contracts that they've now decided they're not going to honour. Sure, they did a lot for DUFC but are ye really better off than when the whole thing started? Perhaps it would have been wiser to aim a little lower and focus some of the money on stuff other than lining players' pockets?
Is anyone even surprised at this anymore? There'll probably be more of these announcements by the end of the season (never mind how these full time clubs will pay players over the off season). Half of the premier division has had public money problems now and I'm sure several more have kept problems quiet so far. I can't see 9 of this year's premier teams getting a premier licence for next year. This season is a joke. And the FAI want to talk about television ads for the league...
It's highly debatable that it was a sound plan. The fact is ye all knew and everyone knew that if the stadium didn't come through DUFC was in serious danger. A sound plan would have been to build the stadium and then start spending the money. I can't see how Drogheda are going to cover the outstanding wages if they want to get a Licence considering they can't for the rest of the season, then there's the ground issue.
Our players demand no wages but by God we're not going to give in to them...
This is the latest of the market corrections the country is facing at the moment. The 65% wage rule is only starting to take effect. For a while now, clubs have been juggling the balls in the air but there comes a time when it all has to stop. I believe every club in both divisions has being spending money beyond it's income and the survivors will come out all the stronger. Clubs with proper facilities and income generating infrastructure will get through it. Those with rich sugar daddies covering high wages will hurt the most
Can anyone say which teams arent in trouble financially
I cant think of any other than Wexford, Limerick (because of Jack Mc), UCD, Shamrock Rovers
We havent had a home game since the 3rd September. God knows how we are still here
Limerick are ok according to their fans, I don't know enough about their situation. If we get the money we're due in from sponsorship we'll be more or less ok but I wouldn't say we're in rude health either.