What kind of figure do Cork have? Have seen between 400-500 Co-op members mentioned in some places.Quote:
Originally Posted by Sean South
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What kind of figure do Cork have? Have seen between 400-500 Co-op members mentioned in some places.Quote:
Originally Posted by Sean South
Cork are at about 450 members AFAIK, down from a peak of 850ish.
It's hard to sustain interest in membership when there's no immediate disaster looming.
Little things can help, for examplebers are voting in our 3rd kit for next year, priorities for euro tickets etc to try to keep people engaged.
(Makes note) :pQuote:
Originally Posted by micls
Same for Rovers.Quote:
Originally Posted by micls
So, the Saudis are taking over. Initial immediate investment of €500,000 is reported. Game changer.
That sort of money would be a game changer for Galway, but I'm not convinced it'll guarantee them any sort of success. The European money is such that if the Saudis are serious about challenging for the Premier Division title at some stage then they're going to have to up that sum by quite a bit.Quote:
Originally Posted by nigel-harps1954
500k is the same investment gone into Shels, good sum of cash for a first division club but only one club can go up automatically with UCD looking strong bet for that spot this season
With the headline rte articles I was under the impression millions we're been invested but maybe that will come if they get promoted by 2019 or 2020?
First step has to be to get into the premier division, will 500k achieve that this year with the gap to UCD?
The 1st Divison season is two thirds over. You're talking about bridging a 12 points gap with 30 points remaining to play for. There's also the small matter of 4 other sides in between. The playoffs are an achievable goal though.Quote:
Originally Posted by wonder88
Waterford, Dundalk, Shels and now Galway all receiving outside investment (Rovers too to an extent but that was from someone they had an previous relationship with). What is going on?
Maybe "is cool" had far more of a marketing reach than anyone realised. :bulgy:Quote:
Originally Posted by El-Pietro
Im not sure but i find it hard to believe that after what all the Galway fans have been through over the years and finally getting a supporters owned club. The first opportunity that comes they give up their club to to a possible snake oil salesman.Quote:
Originally Posted by El-Pietro
Have these Saudi investors have a track record in investing in football? I take the view that each case should be assessed on its own circumstances.
There are fan ownership fundamentalists who decry any foreign ownership. However, there are many successful examples of clubs in smaller leagues that are foreign owned.
Or literal oil salesmen as the case may be.Quote:
Originally Posted by Sean South
That is the initial investment to get GUFC back into the Premier League. A "substantial seven figure sum" has been rumoured locally to be in place to go for european places there after.Quote:
Originally Posted by EatYerGreens
The Co-op will still be in place in the club with a 25% share, with that open to an increase.Quote:
Originally Posted by Sean South
Sounds like the type of thing I’d want to see in writing before the vote to be honest.Quote:
Originally Posted by Terry
I found it disapointing that Galway Co-op had only 107 members eligible to vote ?Quote:
Originally Posted by Terry
https://www.rte.ie/news/connacht/201...galway-united/
So does the Co-op, but thats all they can get to sign up.Quote:
Originally Posted by disgruntled
Galway is in the mist of a GAA revival of sorts, with the hurlers getting gates of over 30,000 for a match recently against Kilkenny. Also the Gaelic Footballers coming good with the batch of young players and are tripling there gates from 2 years ago.
Connacht is also virtually a Galway supported team and their marketing team are extremely good, with huge financial backing from the IRFU and local businesses also. Most of their matches are sell outs nowadays as they can attract teams with big names into the city through the current competitive set-ups.
Galway is not a "soccer" supporting county, except for the normal Irish bandwagoning, and the only way to attract these bandwagon brigades is for a huge financial contribution from our new overlords......I mean investors !
Do the members of GUSSET get a payday?Quote:
Originally Posted by Sean South
And the Saudis have the other 75% then I take it? And will make all the calls if that’s the case.Quote:
Originally Posted by Terry
The Saudi's and their pot's O'Gold. So it's Galway Utd V Man Utd in the Champions league??Quote:
Originally Posted by Terry
I seem to remember a certain club from Dublin City with the same daft ambitions. Good luck lads.
Yeah, Shels.Quote:
Originally Posted by Redzer
Galway Utd is a bag of jerseys in a car boot. I don't blame them for rolling the dice.
18,775 at that match.Quote:
Originally Posted by Terry
https://www.irishexaminer.com/breaki...um-845383.html
It’s the attitude that appears to be floating around of “sure we’ll give it a go with this lot and if it all goes belly up we’ll just reform again” that I have the issue with
No LOI club matched that description more than Shams in the post Miltown era.Quote:
Originally Posted by sbgawa
We're in the bottom half of the First Division and have nothing but the player contracts to the name of the club, it's not like there is a lot to lose.Quote:
Originally Posted by Nah Nah Nah Nah
I'd have much preferred to continue going as a fan owned club but unfortunately unlike Sligo, Cork or Bohs there just doesn't seem to have been they buy-in from fans to that idea and our current situation is pretty much unsustainable anyway, being bank-rolled by the Comer Group for much of it.
You seem awfully concerned about Galway United's well being. It's heart warming to see!Quote:
Originally Posted by Nah Nah Nah Nah
I'd agree with that, in fact that line "bag of jerseys in a car boot" to describe the club is a direct quote from how Rovers were described.Quote:
Originally Posted by redarmyfaction
You’ll find a lot of sligs commenting on us for some reason. They’re all experts on Galway football and love to lord over us.Quote:
Originally Posted by Buller
Pretty wojus draw for Rovers if we manage to beat AIK we then play Nordsjaelland in the next round (assuming they beat Cliftonville).
So many other better possibilities than that but I suppose we at least dodged the bullet of having to go to Belarus...
Do Derry need to consider getting the curse removed from the club when it comes to euro draws?
But just look how far they have come since that......Quote:
Originally Posted by redarmyfaction
Clubs are more than the assets they own. They are history, goodwill, community and above all they are people who share a common passion. All of these could be damaged if the Saudi's screw things up. What if they decide some area of Dublin is a better market and move the whole thing? Unlikely perhaps, but an investment is designed to maximise return, not to make locals happy.Quote:
Originally Posted by sbgawa
If GUFC was to end up going under again, the return would be even harder next time. Possible, but difficult.
Especially as the trust voluntarily handed over control. It will be difficult to get donations from the locals, or from other LOI fans if they get into trouble this time. I totally understand why they have done this, but I wonder if they have thought about the long term problems starting over again could have for them.Quote:
Originally Posted by Mr A
Very disappointing decision by the co-op members, especially given the recent history of the club. Galway United is relatively well supported by Irish standards, has very little debt, is only three points off the play offs in Division One and is based in a wealthy city with a large local population and plenty of visitors.
It seems that people were persuaded by the option of short-term success and also the view (not mine) that the club could always re-start from scratch. A sad day for football in Galway.
That’s one side of the argument, the other is that the club is doing nothing but treading water, and has been for decades. If this was a local investor launching a takeover, would there be as much negativity? The co-op has a membership of 107 people. That’s not enough to sustain a successful club. Just because it is well supported by Irish standards - I would have said average at best myself compared to the other 10 clubs - doesn’t mean the club should reject an offer that could make it a better supported club.
We may be just three points off the playoff positions, but anyone who knows anything about football would recognise that is a falsely positive claim, we are playing rubbish football and won’t get through the playoffs the way we are playing.
To me, people were persuaded about the possibilities, the chance of improving the club, the chance to finally develop facilities, not by short term success.
107 active members is pretty good really. Finn Harps could only dream of having that many active shareholders.
Yearly membership of €180 for an adult?
Wouldn't mind being able to start every season off with €15,000+ in the bank..
Not like you to comment on something about Rovers.Quote:
Originally Posted by Ezeikial
Its true the clubs gone nowhere good since then only got the best ground in the league, a dedicated training ground thats only bettered by UCD, probably the best youth setup in the country, been the first Irish team to qualify for European group stages, become fan owned, had a player capped and score for Ireland while at the club, shocking really, place has gone to the dogs.