Lets all do it. Wipe our huge debts(thanks former Directors and Paul Hegarty) clean and start afresh. A league will do us fine for a year. Small price to pay for a new debt free future.
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Lets all do it. Wipe our huge debts(thanks former Directors and Paul Hegarty) clean and start afresh. A league will do us fine for a year. Small price to pay for a new debt free future.
In fairness thats a crock of ****. What would stop all clubs just building up a load of debt, change board members, folding and recreating debt free in the first division?Quote:
Originally Posted by GM11
Derry are being paid the equivalent of 500k+ (clearing debts) to spend a season in the first division. How many clubs would turn that kind of money down? I like Derry as a club and hope that hope things work out in the long run but this seems like rewarding rather than punishing Derry.
I guess he was going on the assumption that Kenny probably would have gotten better offers to manage other clubs asides from Derry, although I could be wrong..Quote:
Originally Posted by OneRedArmy
After all the financial turmoil Derry had last year I really can't see them being full time again but one would have to assume they're fairly confident of being in the first division next season if Kenny was willing to sign on...
Fair play to Stephen Kenny could probably walk in to any LOI club with a vacancy, LOI has been short of people with loyalty within their clubs, have to admire his decision to stay and drop a league and more and likely go with a part-time set-up.
Best of luck to Derry in the 1st division.
You se this part gets me. Why do people assume we will go up straight away. We havn't even got a team of players yet, so how can you say we will go straight back up?Quote:
Originally Posted by Louth4sam
Sorry for the shouting.
WE DON'T A LICENCE AND WE HAVE MILES TO GO BEFORE WE ARE IN THE POSITION TO GET ONE
Easy easy Cheifo. Lets at least be organised about this lest we have a very congested 1st Division.Quote:
Originally Posted by cheifo
I don't get it at all. How has the decision been reached that as an entirely new entity Derry City (presumably still the clubs name) get to play in the 1st Division. Whats the basis for the FAI's decision?
Massive fan base, no debts and new board with new contacts. I would be shocked if Derry hadn't the highest wages in the 1st division next season and probably higher than a few teams in the premier. Can't see Bray being up to much next season so that just leaves a two horse race with Shels.Quote:
Originally Posted by City till I Die
Waterford also.
Where is the link to this "decision"?Quote:
Originally Posted by Harpsbear
The new steering committee have yet to even make a licence application.
This is the thing Kev. All the talk is of demotion as opposed to expulsion and surely if an application for licence is to be made its an application to participate in the A League as in starting afresh. Is there such a confidence about Derry (hi) that though they have fouled badly in their own yard that they are too big not to participate and that they will at leat make the 1st division.Quote:
Originally Posted by MariborKev
Like you I don't see any of that as possible. I'd be more concerned about a licence application than I would securing a manager on contract.
From reading the piece on Stephen Kenny on bbcs website they seemed to have forgotten that Stephen managed us in the first division between 1998-99 and 99-00 seasons! :eek:
Hey you cant use that excuse, we havnt even got a team, well a golaie and ye have a manager so Id say ye are better off!:pQuote:
Originally Posted by City till I Die
Yeah have re-signed about 8 palyers from last season, their backbone players at that and waiting on a handful more to commit!Quote:
Originally Posted by Dunny
In my opinion, Waterford will win the First Division next year.
MB I appreciate you are refering to the process that has to be undetaken but its hard to believe Kenny signing a 2 year contract unless confident assurances were made to him.Quote:
Originally Posted by MariborKev
Did the FAI not clearly intimate that they have a roadmap back into the league for the new Derry?
Do you think there is any chance a licence application will not be approved?
Again I want Derry in the League but etc etc
As a business practice? Not having anyone trade with you any more. There was a time when Dublin City were struggling to find a training ground where they weren't persona non grata, and rumour has it once upon a time that Shams were struggling to find a laundrette on similar grounds. Cork have found it hard to get credit since their administration - culminating in that embarrassing showdown with the coach driver. Also, board members tend not to like being struck off from the board of any company - as happens (by law) to directors of bankrupt companies for a few years.Quote:
Originally Posted by Louth4sam
Theres a difference in terms of going into administration and not paying your players to liquidating a company and starting off afresh!A new company would get a credit limit small at the start and then increasing over time if they show that they are good customers in terms of paying on time when requested and not drawing up a huge bill. I think Derry will be fine next season as long as they are managed efficiently and effectively from now on.Quote:
Originally Posted by John83
and Limerick FC.Quote:
Originally Posted by Dunny
Scully is looking to put together a good side and also the wage budget is supposed have increased a bit.
Can't rule out Monaghan either. Made a good finish to the season and are a club going in the right direction. Its going to be a competitive league next season so Derry won't be guaranteed anything, even with a possible bigger budget than most.
And what did they win with such big debt? A League Cup.Quote:
Originally Posted by cheifo
On a different note this doesn't seem too different to being in examinership.
All the best Derry & looking forward to your return to the Premier, however long that may be.