Another Tax Bill for Shels

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it's our money

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"our" money, shels/accolade is owned 99% by ollie - who is this "we" and "our" you speak of.

you've got very little time Shels fans, get off your backsides and save your football club - forget europe, titles, Tolka... save your club

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Originally Posted by higgins

I'm sorry for getting into this when there are more importnat things happening at the moment.

I just want to clear one thing up.
Shels fans are unhappy that Ollie used the money from the sale of the ground to fund players wages.
Ollie didn't like the terms of the deal Ossie came back with for more money from the sale of the ground.
Shels players were paid for the 2006 EL season.

To say we didn't have the money is wrong.
The money should never have been spent but it's our money against the asset that his Tolka Park. The debts are still there and still very real and will be paid by a reduction in the final sale price.

The wage bill at present is mostly down to debts run up after the EL season. IF they are not paid I fully agree we should not take part in the 2007 EL but that takes nothing away from the 2006 League win.

Shels have not as yet wiped any debts and are still trading.

Nothing we did last year was in the slightest bit cheating.
It was wreckless, idiotic, stupid, madness, crazy, bananas, suicide, etc etc etc but it was money we have/had/will have.

It's any clubs right to sell their ground and fund 22 players to win the league. Only a mad man would do it but then that doesn't mean it's cheating.

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Even now some of the Shels morons have their heads buried in the sand.

If you dont have the cash to pay players on time every week then you dont have the money, end of.

You may have an asset worth X Million but its an asset, not cash.

>You may have an asset worth X Million but its an asset, not cash.

As long the people who have agreed to buy the asset eventually for a certain price are willing to keep handing over money up front, its as good as cash.

This is same sort of "cash" that bankrolled Bohs last year and will bankroll them for the next few seasons.

However Shels prob now is that the buyers are no longer willing to continue to front money so their "cash" has in effect run out.

bhs

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Originally Posted by oriel

Boss up until 2003 your club was financially struggling most seasons, I dont think you`re in any position to dish out advice to other premier division clubs.

Besides you`re not long out of the first division yourselves.

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I do not know what you are talking about :rolleyes:

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Originally Posted by blackholesun

This is same sort of "cash" that bankrolled Bohs last year and will bankroll them for the next few seasons.

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No its not, we didn't have any of it last year. As for the next few years it is not the same thing. Shels players were not paid, therefore there was no money. Our players will be paid and our budget will be nothing like Shels was for the last few years.

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Originally Posted by BohsPartisan

Whats that got to do with Bray and Steve Williams?

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He has resigned for Shels.

Williams is a friend of Gormley's and was training with us to keep fit after being released by Shels, he has now resigned for them. Silly silly man, any player who signes for Shels this season needs a good dig....

Have it from a revenue source..who said there is no winding up order for shels at the moment..this is media driven. There are debts and if they continue not to be paid then there MIGHT be a winding up order