So which clubs are in danger of not finishing the season?

Printable View

Show 40 post(s) from this thread on one page

26/08/2008, 6:36 PM
John83

Quote:

Originally Posted by Celdrog

Would agree with most of that, however you statement that our licence is "fudged" is libellous.
Brave, or maybe stupid

It's well known your current ground isn't up to spec. The new stadium is at an advanced planning stage, but we've all seen enough crap not to count our stadia before they're built.
27/08/2008, 12:23 AM
higgins

Shels this season are in a pretty good state.
We're capable of rowing our own boat now after using ground sale money last year to keep things going.
Talk of drawing down funds from the sale of Tolka is a bit misleading to be honest, that has happened but it's not what's keeping us going. It's a bit more complicated than just accepting bridging loans like what was happening.

What's coming in is going out basically.

We have a lot of debt 'parked' until the sale of Tolka goes through but if you were to take this years accounts as a stand alone year we're going to come in more or less even.

Costs are way way down.
Our team this year is even cheaper than last years team (crazy as it sounds!).

Getting rid of the debt through the sale of Tolka is all we need to do (simple really :) )
27/08/2008, 1:53 AM
Candystripe

Quote:

Originally Posted by pineapple stu

The FAI said it, I think. It depends how much you believe management accounts. You can say anything in them.

Best might be to go through the clubs one by one? This is the current state of the rumours, not necessarily facts!! Feel free to post corrections or other info.

Derry - Going part-time from next year.

We have players under full-time contacts and we will honour them.

We might be signing at least one more on a full-time contract for 3 yrs.

As was said above we are sticking to the 65% and are still well under it as our players are paid well under �1k a week.

But if it's even a half truth I'm hearing............Bohs could be in even worse shape than Cork.

It could be either Pats or Derry representing Ireland next season in the CL.

Wouldn't it be great if everyone lived with-in there means.

Then we would have an amazing brilliant league.
27/08/2008, 2:51 AM
bellavistaman

were ok anyway lads
27/08/2008, 9:22 AM
Schumi

Quote:

Originally Posted by higgins

We have a lot of debt 'parked' until the sale of Tolka goes through but if you were to take this years accounts as a stand alone year we're going to come in more or less even.
...
Getting rid of the debt through the sale of Tolka is all we need to do (simple really :) )

Is Tolka likely to be sold? They guy buying it wanted to build there didn't he? Apart from the recession, wouldn't the flooding problems put a stop to that?
27/08/2008, 9:58 AM
Redzer

Quote:

Originally Posted by jinxy lilywhite

From what I hear/read (and I must admit on the grapevine) the majority of it is last years tax bill. The taxman won't hang around like any other creditor, he will go straight to the high court. These guys are ruthless and in the current economic climate they won't take any prisoners either

The fact is we owed �110K to the taxman from last year. The final installment of approx �7.5K will be paid on 14th Sept. Which in itself is a great achivement.
We are a little behind on this years tax but at the minute it's not an issue.
27/08/2008, 10:05 AM
Mr A

Quote:

Originally Posted by pineapple stu

Finn Harps - Don't know; always seems to be some smell of crises and overspending up there?

We're certainly overspending and I would expect us to record a substantial loss at the end of this season. I don't think there's any chance we won't make the end of the season but certainly the decision to increase the budget has been a gamble that has not paid off. Unfortunately the majority of the extra money was spent on giving D1 players better contracts instead of signing better players the much of the responsibility for that lies with Paul Hegarty. That said, I think our board should have been a lot more ruthless in heading off financial pressure earlier.
27/08/2008, 10:12 AM
superfrank

Quote:

Originally Posted by pineapple stu

Bray - Not a peep out of them, though any time I see their accounts, they've lost another quarter of a million.

As long as we're not in debt, I'm happy if not slightly concerned about the inevitable cut-backs. :(

Quote:

Originally Posted by City till I Die

Alot of people seem to be confused as to our situation. We are not in bother. We are simply making cut-backs to the playing side of the club to secure the long-term future. That dosnt necessarily mean we are ****ed.

That's a great approach. Make the cut-backs now rather then when it's too late.
27/08/2008, 10:16 AM
Schumi

Quote:

Originally Posted by Mr A

Unfortunately the majority of the extra money was spent on giving D1 players better contracts instead of signing better players

The league's problem in a nutshell.
27/08/2008, 10:28 AM
Knappagh Red

Quote:

Originally Posted by pineapple stu

Shamrock Rovers - Still seem to be a good example of how to run a club.

Considering their existance over the last 25 years I wouldn't think so
27/08/2008, 10:31 AM
Dodge

Quote:

Originally Posted by Schumi

The league's problem in a nutshell.

No its not. wages aren't the problem, lack of money coming in is ;) :p

Quote:

Originally Posted by Candystripe

Wouldn't it be great if everyone lived with-in there means.

Then we would have an amazing brilliant league

:D

We're secure for at least another 3/4 years. After that...
27/08/2008, 10:47 AM
Magicme

Quote:

Originally Posted by Knappagh Red

Quote:

Originally Posted by pineapple stu

Shamrock Rovers - Still seem to be a good example of how to run a club.

Considering their existance over the last 25 years I wouldn't think so

Yeah but the only consideration there should be is how they are being run now. That is the model to look at not the past.
27/08/2008, 10:51 AM
WoodquayBoy

Quote:

Originally Posted by pineapple stu

Galway - Have cut back drastically on their squad. Even if the club's stabilised again, relegation looks a strong possibility, which would mean more cut backs.

No matter what happens between now and end of season, be it staying up, winning cup, relegation, I believe we are going part-time next year. Even if we get a Kelleher or Hoey, the money will be put towards building a structure around the club - youth set up, community ties and what have you - rather than a team.
Oh, and from what I hear, Bohs could be in major major trouble if things don't go their way in the next 6 weeks.
27/08/2008, 10:56 AM
higgins

Quote:

Originally Posted by Schumi

Is Tolka likely to be sold?

It has been sold :eek:
It's gone...

Only a matter of time before we're out of there.

Unless you win euromillions and repay the loans given to us since 2004 and get the developers to sign back the ground ?? ;)
27/08/2008, 11:18 AM
holidaysong

Where are Shels going to go now that Fingal have occupied Morton Stadium? Is there a plan B?
27/08/2008, 11:19 AM
A face

Clubs really need to learn how to do things correctly. I wonder is it possible for the FAI to put together some sort or training course based on the case studies in the league, highlighting them as reasons why things should be done correctly.

I'm still fairly positive about the league to be honest. There is loads to do but no one ever said it would be easy.
27/08/2008, 11:27 AM
brianw82

Quote:

the decision to increase the budget has been a gamble that has not paid off.

Lots of clubs seem to have done this, and I don't understand why. AFAIK, Harps' gate receipts covered all expenses last year. How can they justify increasing their budget, when they knew they would probably be in a relegation battle, which wasn't going to attract bigger crowds.
27/08/2008, 11:32 AM
Magicme

Quote:

Originally Posted by brianw82

Lots of clubs seem to have done this, and I don't understand why. AFAIK, Harps' gate receipts covered all expenses last year. How can they justify increasing their budget, when they knew they would probably be in a relegation battle, which wasn't going to attract bigger crowds.

Actually a relegation battle would bring out more crowds than middle table security if history is to be believed!
27/08/2008, 12:35 PM
pineapple stu

Quote:

Originally Posted by Celdrog

Would agree with most of that, however you statement that our licence is "fudged" is libellous.
Brave, or maybe stupid

Would you ever go and *&@!e (if you'll pardon my French). (a) I never said who fudged what, (b) I said these were the current rumours and (c) United Park clearly doesn't meet licencing, and the deadline for doing something tangible rather than drawing up plans has long passed (even Harps have at least put in the required seats) and Drogs have done nothing. United Park isn't good enough for a UEFA Licence, yet you have one. Quite simple.

Quote:

Originally Posted by A face

Clubs really need to learn how to do things correctly. I wonder is it possible for the FAI to put together some sort or training course based on the case studies in the league, highlighting them as reasons why things should be done correctly.

In fairness, the clubs know what they're doing and don't care. A car crash Dublin City/Shels/Cork/Bohs workshop won't do anything; there'll still be idiots.

Quote:

Originally Posted by higgins

Getting rid of the debt through the sale of Tolka is all we need to do (simple really :) )

Well, that and get a new ground with zero cash.
27/08/2008, 12:51 PM
Buile Shuibhne

Quote:

Originally Posted by Schumi

Is Tolka likely to be sold? They guy buying it wanted to build there didn't he? Apart from the recession, wouldn't the flooding problems put a stop to that?

There's lots of new buildings going up along the Tolka / Richmond Rd.

The sites are excavated and 'tanked' against floods - and then built on.

Show 40 post(s) from this thread on one page