Revenue would get first dibs, along with the utilities and any wages owed.
Only after they're paid in full would Joe Soap creditors get paid. Though hard to imagine there being many of them after they all got shafted last year.
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Revenue would get first dibs, along with the utilities and any wages owed.
Only after they're paid in full would Joe Soap creditors get paid. Though hard to imagine there being many of them after they all got shafted last year.
Revenue and employees are preferential creditors so would take whatever's there ahead of anybody else. As stu says!.
Anything?
Anyone?
this knot in the pit of my stomach is killing me.
From Cork forum:
'Half of debt paid. €239k still outstanding. Revenue still looking for full judgment…'
from cork forum ....wound up
Wound up according to Cork forum alright.
Bloody hell. My heart goes out to CCFC fans.
Coughlan should be nailed to a cross for this.
Ouchee.
Easy for me to say it, but I'd say it'd be almost more satisfying to get a fresh start with the fans running the show.
Also, what Red&White said.
Had to be done from the judge's point of view, she'd given them clear warning as to what was going to happen. Feel sorry for the fans and people who lose their jobs but it was the right decision.
RIP Cork City FC. Feel sorry for the fans.:(
Sad, and a nightmare for the fans, but not exactly unexpected or undeserved.
Then again, there but for the grace of God go some of us.
:(
Any precedent for an appeal.
Wow,as a Galway Utd fan who had no real love of Cork or anything i still feel shocked at this and its like ive been kicked in the stomach.I cant imagine what Cork fans are feeling,Coughlan will be publicly hanged on Patricks Street in Cork City sometime over the next few days i'd imagine.
ITS A SAD DAY FOR IRISH FOOTBALL!!!!!!
This a tragedy.
Terrible for Cork fans (assuming this is confirmed). Coughlan really ****ed them over through all of this. :(
I assume Coughlan got some sort of banning order from directorships, by the way?
Was anything said about him personally?
Is it confirmed?
An absolute disaster.
Another blow for the League... Feel very sorry for all the Cork Fans:(
The worst possible news for Cork fans and another cloud over the LoI.
I always expected the revenue raised and the intervention of the FAI to save the club. Sorry to hear this sad news.
Now time for FORAS to step up to the mark and set up a brand new club with a clean slate. FC Cork or someting like that should start in the A Championship next year and build from the bottom up.
Seriously, this is a disaster.