Why is that Dodge?Quote:
Originally Posted by Dodge
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Why is that Dodge?Quote:
Originally Posted by Dodge
402k - 214k = 188k = Not enough to run a LoI clubQuote:
Originally Posted by White Horse
I'd imagine he's refering to the bi annual bouts of poor mouthery tbf. :ball:Quote:
Originally Posted by Red4Eva
Quote:
Originally Posted by White Horse
And you need to realize that its swings and roundabouts in this league , a few seasons ago when things where going well on the pitch ( granted it was due to large investment ) we had great crowds by LOI standards . Before that while we where going between divisions we had decent crowds .The last time we won promotion away to sligo we had more there than the home team . Last seasons crowds where by far the worst for many years , due to among other things the recession etc . I remember being in Oriel a few years ago and there was about 200 people there . Your " small " club is a nonsense tbh , all LOI clubs are tiny in the scheme of things and No club gets a crowd it could brag about . I wonder how Dundalk are going to cope without Dermot Ahern and those big sports grants you where getting ?
Reduce it to €214k he said in fairness. Our budget wouldn't be too far off that somewhere around €200-250k I think.
Gerry Adams has a few quid salted away for a rainy day or two ;-DQuote:
Originally Posted by ndrog
Vodka + (reading + maths) = fail :)Quote:
Originally Posted by Longfordian
Really that low?! That's bare bones stuff.
So I believe anyway, there's no frills but they seem to be keeping things relatively in order. Don't owe players or Revenue anything from what I hear so that's a start!
Ouch!! Bitter doesn't suit you..Quote:
Originally Posted by ndrog
It is all fail.Quote:
Originally Posted by Lim till i die
To be fair Harps club budget isn't much more than €180k for the year.Quote:
Originally Posted by Lim till i die
Most of our players are on €50 a week with the luxury players getting around €100-€150. We had at least 4 players getting nothing last season.
Admin staff is cut to just 1 and we've even gone so far as using email notifications to shareholders to reduce the costs of postage.
It's about time clubs got a serious bout of reality and cut their cloths to suit. I know not all clubs will do this but the majority are looking towards local youths and building local sides for the future.
Always enjoy my trips to United Park and fingers crossed we will be visiting there again in the new year.
A lot of clubs have made the mistake of spending beyond their means in the first division in the expectation of promotion.Quote:
Originally Posted by Longfordian
Dundalk FC almost went out of existence through persistent over-spending.
Drogheda are coming to the end of a crazy rollercoaster ride. Many fans of other clubs would advise them to recognise the unfortunate reality of their position and only spend what can be generated from their fans and sponsors. Plannning to spend in excess of that is lunacy.
However, I still sense an air of unreality in Hunky Dory Park.
Absolutely nothing in your post was relevant to White Horse's point. He needs to realise nothing; DUFC need to realise where they're at, which was the point made.Quote:
Originally Posted by ndrog
FWIW, I think our budget next year is around the E200k mark as well.
My post was relevant both to the post and the thread in general . He made reference to us being a small club with a tiny fan base which as i said is swings and round abouts in this league . Crowds come and go , as does success and failure . Both depend on finance , unfortunately we dont have any . Any thanks for pointing out that DUFC need to know what they're at stu , i will pass that on to the club .Quote:
Originally Posted by pineapple stu
And the point he made from that was that Drogheda need to factor that into their projections, which he feels they haven't done. None of your rant addressed that point. It was completely irrelevant, in fact.
..... Anyway. Projected budget does seem very high for next season, especially for a first division club any reason (other than obvious overspending) ? Sad to see Drogs in trouble again so soon after the last "great escape" hope they can pull it around but not a great time to go looking for investment in LOI (was there ever ?:confused: )
What rant ? That aint a rant by any stretch . Believe me the club is going to cut is cloth etc .It has no choice whatsoever because there is no one coming in with any outside investment . Chairman was on the radio this morning stating this , and also at the meeting the other night it was stressed in no uncertain terms that there will be no spending money we dont have ! Going completely amateur was also mentioned . There was a very real sense of getting there act together once and for all re our finances . Every club has to promise to underwrite debts that will be incurred during the season , our problem is there is no one willing to do that anymore . We do not have a gerry matthews like dundalk or the backing of a college like UCD unfortunately . The people who backed us just cant do it anymore and thats the bottom line. There are realistic budgets being put in place to run a first division club and even that seems to be beyond us at this stage . Hopefully they cant pull it out of the bag before deadline day .Quote:
Originally Posted by pineapple stu
Yet White Horse's point is that that isn't evident at all from the press release.Quote:
Originally Posted by ndrog
So the people didnt get their act together 2 years ago after pushing the club into examinership?Quote:
Originally Posted by ndrog
The same people more or less have pushed DUFC to the brink again?
You had a Gerry Matthews plus some and that investment was squandered on the basis of an unsustainable and unrealistic pipe dream!
Considering you dont even have the considerable outlay of maintaining Hunky Dory park happily defferring that financial burden to the FAI.
Realism and Drogheda Utd and in particular nDrog should not appear in the same paragraph!!
But have we established they are actually in trouble, or just trying to raise funds for an unaffordable budget, yet?Quote:
Originally Posted by marinobohs
It is sad to see the Drog's in the position they are in. Hopefully they can get the funds in place. A drop to the A Championship is a nightmare scenario though Cobh have rebuilt to a degree.
A press release saying "someone better give us €150k or we're screwed" is more likely to rustle up some money than one that says "we'll reduce our budget if someone doesn't give us €150k".Quote:
Originally Posted by pineapple stu
Possibly. But you'd imagine that after crying wolf for the 471st time (not just Drogheda, but the whole league), it's bound to lose a bit of its impact.
Unless they owe the Revenue and/or players and can't come up with the money in time then there's no reason they can't get a licence and run their club on a considerably lower budget than their ideal budget. Most clubs in the division are doing it and I assume they don't have (m)any players under contract already?
You'd imagine that the continued financial collapses of teams who spend more money than they have would tip people off too but seemingly not!Quote:
Originally Posted by pineapple stu
Lets just get one thing straight , the club is well aware of its short comings of the last years . Many many mistakes have been made as we all know . The plan going forward is for the survival of the club , NO overspending , NO large budget and no getting themselves in any more debt . Thats what this whole scenario is all about . The people at the helm of the club expressed these exact sentiments at the meeting the other night .There are new people there who are trying to formulate a plan for the survival of the club and puitting in a sustainable plan for going forward . The point was raised that ideally we would like someone to take over the running of the club and invest some money , which as we all know is essential in the running of a football club .If nobody shows and interest the club will budget accordingly and go forward .If that has be completely amateur or not then so be it . They are not going to gamble the future of the football club any further . And before you all jump down my throat , i know we spent millions on a gamble before blah , blah , blah ! We are where we are im afraid , and the future of the club is unknown . If no body shows up with a few bob then so be it . I am very realistic about whats going on . And nesta you know nothing about the outlay the club has re the upkeep of united pk . No financial burden is taken away from the club and put onto the fai ! are you for real ? Do you think the FAI are that much of a soft touch . All upkeep in utd pk is paid for by the club and the rent on the ground is also going up . The club is no longer run by the same people who got us in the mess a few seasons ago . A whole new crew of people are on board and there trying to sort out the mess .That real enough for you ?Quote:
Originally Posted by Nesta99
The point remins though.
Why not sun it at as low a cost as possible, and if extra investment comes in then use it then. Rather than appear to be beging for the investment now.
I'd guess you'd wiin more sympathy that way (fpr whatever thats worth).
And I say that as someone with a lot of time for Drogheda
Have to disagree ndrog ,Hoey, O connor and Byrne are still registered directors- they pull the strings.Quote:
Originally Posted by ndrog
Then just budget for what ye can afford, which would be enough to be top half of the first at least. This appears to be all about increasing the budget from "must have" to "nice to have" status.Quote:
Originally Posted by ndrog
Actually yes! That was a reasonable post. I wont nit pick on the ground issue or the fact that there are still many people at Drogheda that were around through previous financial woes!Quote:
Originally Posted by ndrog
Seems to be a similar issue as Boh's, same people are still in charge. I can't see how they can be trusted and given any money.
Nail on head there legendz. The people who took Drogheda into examinership are still direcors of the club, there should have been a complete sweeping of the decks at that time. The Drogheda public came to their rescue two years ago , thats not going to happen again , and no local business will touch them because every one of them have been bitten before.Quote:
Originally Posted by legendz
I cant see them surviving this time.
you say them iceman are you not a drogs fan
People really need to learn how to use paragraphing.Quote:
Originally Posted by ndrog
I certainly am a fan. I was referring to the club hierarchy.Quote:
Originally Posted by passerrby
Anyone who wants Drogheda United can have it, all of it, every last blade of grass of it. That has been the message in every press release in recent weeks. The shareholders are still the shareholders because no one has said they want it yet. You can't give something to someone unless they actually agree to take it. The original three directors can't keep bailing it out (and have resigned as directors to prove this). Again this year the same people have kept it going. Enough is enough. People who have been spoiled by others providing a League of Ireland club for them for years are finding it hard to comprehend that the kind of figures now being bandied about are the figures that a small group of people have had to pony up year after year. That 185K shortfall is based on a pared back budget and an amateur squad. We heard that the other night at the meeting. I think the harsh reality is slowly starting to dawn on people...Drogheda doesn't deserve a senior football club, it never did. It was folly. Or at least that's what the small turnout proved on Tuesday night. Unfortunately, it cost many people very very dearly not least those who owned, ran and worked in the club and who have suffered abuse at every turn as well. And iceman I think if you care to re-read the newspaper reports of the examinership case two years ago you will find that it's very clear who really saved Drogheda United. Anyone who is close to the club knows that. In the main a very small group of people and the same core group of supporters. If the wider community care about it and want it, then they only have to say so and it's their's.
If the players aren't been paid, where is all the money going to?Quote:
Originally Posted by Horus
That is a very harsh assessment. Is this the opinion of those who run the club?Quote:
Originally Posted by Horus
Why don't you throw thm a few quid yourself there Biffo??Quote:
Originally Posted by ndrog
Not like you're short a bob or two.
Post of the year there :clap:Quote:
Originally Posted by dong
There's no way that can possibly be true.Quote:
Originally Posted by Horus
Think they are saying getting a licence depends on it - i would call that "trouble" yes :)Quote:
Originally Posted by Macy