Bohs have denied that there is any agreement and as they were looking for 30% to get their wage bill under the 65% cap i tend to believe this.
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Bohs have denied that there is any agreement and as they were looking for 30% to get their wage bill under the 65% cap i tend to believe this.
Quote:
Originally Posted by BohDiddley
. .Quote:
Originally Posted by garyderry
:p
He was on radio last night stating he wouldn't be leaving.Quote:
Originally Posted by GUFCforlife
As for new signings - I'd say no - but do they really need to sign any other "big names" with the nucleus of the squad from last season still there...
Now seems to be a chance for a few of the kids to make the step up
Its in the Sun that either Brian Murphy or Killian Breenan are to be sold to make up 200,000 euro for wages for Stuart Byrne, Paul Keegan, Joe Ndo and Brian Shelley...................madness!!
Why madness? Release 1 player to pay for 4 new ones. Especially when they only have 12 on the books right now.Quote:
Originally Posted by Jersey Cow
Only problem is now that they haven't a hope in hell in selling either of those in the window and if they do, now that how desperate Bohs are for cash is in the public domain they will be lucky to get a genuine market value for them.
Pity they couldnt hawk Jason Byrne and his fat wage cheque around the place and hope someone would take him for free.
When I said "madness" I was referring to the madness getting in this state in the first place.....
Looks like Bohs are ****ed despite the non believers on here http://www.setanta.com//uk/Articles/...go/gnid-36530/
They do have problems no matter what anyone saysQuote:
There's problems, and there's dropping out mid-season problems.
Its pretty obvious they cant hold together the team that one the league and will be very much weaker than last season.Quote:
Originally Posted by gufct
However no matter what mess the board have made, and how much property has devalued, they are still sitting on a huge asset in Dalymount. In the short to medium term then can continue to borrow against it, long term they will definitely go the way of $hel$ unless the stop there crazy spending. But its hardly likely to happen soon.
"With Gerry and Gerry there, it will never happen" !! :eek:Quote:
Originally Posted by pineapple stu
Banks ain't lending at the moment.Quote:
Originally Posted by garyderry
Having secured a sizeable approved overdraft facility before the credit crunch , raising the cash isn`t the problem .Staying within the 65% cap while managing a re-payment schedule is the difficulty.
Even if property values in Dublin reduce by 50%, Bohs are still sitting on a valuable piece of land, notwithstanding Albions diputed equitable interest. If on the other hand the sale had gone through as planned at the time and the proceeds were ....say... invested in blue chip financial stocks like our two main banks, 50 million Euro would be worth 500,00 Euro at this stage and Bohs would be f....ed. Its an ill wind etc:o
Don't think Albion's interest is disputed at all? Isn't that what the court case decided?
I would presume that an appeal to the Supreme Court indicates otherwise.
Fair enough. I was taking it that, given how damning the initial verdict was, the appeal was mere "nothing to lose" desperation on Bohs' part, having suddenly seen the abyss they were staring into.
Presume its the Zurich overdraft you are referring to.Quote:
Originally Posted by Dalymountrower
Correct me if I'm wrong but I thought the drawing down of the remainder of the overdraft was in doubt after the High Court judgment.
If Bohs cannot submit an acceptable budget to the licensing committee then surely they'll just have to release players, no?
And something tells me Liam Carroll may not be as keen to buy as he was previously.
You can't just "release" players though, can you? Would you not have to pay up their contracts?Quote:
Originally Posted by charliesboots
Bull****, they ARE lending, they are just being more careful who and what they lend.Quote:
Originally Posted by pineapple stu
No one is saying its all rosey at Bohs, but some of the redilculous crap from the usual sources (UCD fans), that its as bad as Dublin City or $hel$ is just as crazy.