Bohs accounts

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29/03/2009, 9:23 PM
R�iteoir

Quote:

Originally Posted by stickyjoe

:D

Sweet jesus, I hope thats sarcasm. I wouldn`t even know where to start in replying to that.

Sure it is - he's just giving the slacked jawed yokels about the place what they want to read
29/03/2009, 9:24 PM
Dodge

Quote:

Originally Posted by p�l-dcfc

Are you thick? Where have I said anything remotely like "Bohs' accounts are one of the top ten reasons why Derry aren't getting 10,000 at a game"?

The fact that the league seems to be embroiled in some sort of farce every week certaintly is a huge contributing factor to the ****e attendances we all experience.

Stop taking everything out of context and putting words in my mouth Dodge. You're looking foolish.

Get a grip man, you're the one who said that these accounts make the league a laughing stock and when i asked why you cared you mentioned the 10,000 attendances thing

I'm saying that every club has enough problems of their own before they can start blaming Bohs for the lack of attendances? Are you saying this is wrong?
29/03/2009, 9:38 PM
Bald Student

Quote:

Originally Posted by Dodge

I love the way they reacted to economic meltdown in the construction sector by knocking 10% of the value of their car park

If they're getting 400k per year in rent then 6 million is a fair estimate.
29/03/2009, 9:39 PM
p�l-dcfc

Quote:

Originally Posted by Dodge

Get a grip man, you're the one who said that these accounts make the league a laughing stock and when i asked why you cared you mentioned the 10,000 attendances thing

I'm saying that every club has enough problems of their own before they can start blaming Bohs for the lack of attendances? Are you saying this is wrong?

These accounts WILL make the league a laughing stock. And they WILL make the potential audience for the league think it's even more rubbish than thy do now.

I haven't blamed Bohs for our rubbish attendances. Once again you're putting words into my mouth. Just to make it clear:

"The fact that the league seems to be embroiled in some sort of farce every week certaintly is a huge contributing factor to the ****e attendances we all experience."
29/03/2009, 9:45 PM
Dodge

Quote:

Originally Posted by p�l-dcfc

"The fact that the league seems to be embroiled in some sort of farce every week certaintly is a huge contributing factor to the ****e attendances we all experience."

But its not every week is it. these are form last year and have been widely known for a while. I saw them first weeks ago. If I saw them, then journos saw them

And once again, my main point is that people here over emphasise the effect these type of things have on people who don't care about the league. Ask 20 non LOI people tomorrow what they think of Bohs finances and I guarantee you none of them will have a clue.

Blad student - fair enough. I'd have preferred if they had it revalued in the current climate, rather than just knock the 10% off., but I'm no expert...
29/03/2009, 9:50 PM
p�l-dcfc

Quote:

Originally Posted by Dodge

But its not every week is it. these are form last year and have been widely known for a while. I saw them first weeks ago. If I saw them, then journos saw them

And once again, my main point is that people here over emphasise the effect these type of things have on people who don't care about the league. Ask 20 non LOI people tomorrow what they think of Bohs finances and I guarantee you none of them will have a clue.

Problems like these are indicitive of what happens in general in the league. We've had two ridiculous stories in the past couple of days, with the non-payment of Dan Murphy and these accounts. They all contribute to the generally negative a derisory attitude towards the LoI amongst the vast majority of the Irish population.

What I'm saying is that it isn't good for the league. And that any collective w.ankathon is short-sighted.
29/03/2009, 9:51 PM
OneRedArmy

Quote:

Originally Posted by Bald Student

If they're getting 400k per year in rent then 6 million is a fair estimate.

That depends on how long the lease is and what terms are attached to it's renewal or other options attaching;)
29/03/2009, 9:54 PM
passerrby

Quote:

Originally Posted by Dalymountrower

Any company with assets conservatively at 25-30 million and cumulative debts at 5-8 million tops would be considered as very healthy in the current economic climate .

thats the kind of assessment that has caused this global meltdown do you work for a bank
29/03/2009, 10:00 PM
SkStu

we laughed at Rovers when they made monumental f*ck up after monumental f*ck up after monumental f*ck up. We laughed at Shels too. We just laugh at Pats anyway.

Enjoy the moment lads. :ball:
29/03/2009, 10:19 PM
Bald Student

Quote:

Originally Posted by Dodge

Blad student - fair enough. I'd have preferred if they had it revalued in the current climate, rather than just knock the 10% off., but I'm no expert...

I don;t know much about these things either. I think a better question might be why they revalued the car park. Could this be part of a plan to stay in Dalyer but sell the car park to pay down the debt?
29/03/2009, 10:46 PM
dcfcsteve

Quote:

Originally Posted by Bald Student

If they're getting 400k per year in rent then 6 million is a fair estimate.

Very over-valued in fairness, as the broad rule of thumb is that the price of a commercial asset is normally 10 times its annual income - in this case �4m rather than �6m.

We can argue over which multiplier to use in valuing a commercial asset though (and no doubt you will... ;)).
29/03/2009, 10:48 PM
dcfcsteve

Quote:

Originally Posted by Dodge

But its not every week is it. these are form last year and have been widely known for a while. I saw them first weeks ago. If I saw them, then journos saw them

And once again, my main point is that people here over emphasise the effect these type of things have on people who don't care about the league. Ask 20 non LOI people tomorrow what they think of Bohs finances and I guarantee you none of them will have a clue.

Agreed.

The number of clubs in England who are in serious financial sh!t is simply eye-watering - and most people just don't know or care.

Administration is extremely common in English football, yet no-one argues that it is a rubbish league
29/03/2009, 11:05 PM
pete

Quote:

2007: Transfer / Sign on fees - 179,372

Crazy.

So the car park is valued at 6m now but they have taken out a 2m loan against it. No wonder Bohs have 4 Bankers.

I love the way they blindly assume they will win the court case with Albion without any plan B. Even if they win the case it is almost impossible to believe Danniger will go ahead with the original deal as would most likely walk away from or renegotiate.
29/03/2009, 11:15 PM
stamullendrog

hate to see any club in **** its not nice but you only have to look at the squad and see the majority of them are ex shels and ex drogs.wont exactly be earning pittance will they?and as for the club been asset rich,sure they are.jason byrne glen crowe joey ndo brian shelley are all wonderful assets for a start;)
29/03/2009, 11:27 PM
osarusan

Quote:

Originally Posted by p�l-dcfc

The fact that the league seems to be embroiled in some sort of farce every week certaintly is a huge contributing factor to the ****e attendances we all experience.

Dodge's point, which I agree with, is that if tomorrow, you ask 1000 people who don't go to LOI matches why they don't go to LOI matches, very few people will give financial crises, unpaid players, or licencing decisions as reasons. As non-LOI fans, they won't even be aware of these things. The vast majority will just say the reason they don't go is that LOI is sh!te football played in sh!te grounds.
29/03/2009, 11:30 PM
LeixlipRed

Quote:

Originally Posted by SkStu

we laughed at Rovers when they made monumental f*ck up after monumental f*ck up after monumental f*ck up. We laughed at Shels too. We just laugh at Pats anyway.

Enjoy the moment lads. :ball:

We will :)
30/03/2009, 12:26 AM
Ezeikial

Must be Sean Connors fault

Are ye all going soft in the head?

No one has blammed Sean Connor yet!
30/03/2009, 10:15 AM
A face

Quote:

Originally Posted by p�l-dcfc

Problems like these are indicitive of what happens in general in the league. We've had two ridiculous stories in the past couple of days, with the non-payment of Dan Murphy and these accounts. They all contribute to the generally negative a derisory attitude towards the LoI amongst the vast majority of the Irish population.

Agreed and to argue that it doesn't damage the image of the league for new or potentially new fans is completely off the wall mad stuff, stuff the league has been dogged with for years. With all this stuff going every single year you can be 100% sure that its definitely not helping the situation anyway.

Quote:

What I'm saying is that it isn't good for the league. And that any collective w.ankathon is short-sighted.

Yup .... short-sighted ..... and we wouldn't have it any other way* ;)

Quote:

Originally Posted by osarusan

Dodge's point, which I agree with, is that if tomorrow, you ask 1000 people who don't go to LOI matches why they don't go to LOI matches, very few people will give financial crises, unpaid players, or licencing decisions as reasons. As non-LOI fans, they won't even be aware of these things. The vast majority will just say the reason they don't go is that LOI is sh!te football played in sh!te grounds.

They WILL be aware, so much aware that its scary. They dont listen to anything else and invariably point and the latest headline and gesture "sure why in gods name should i bother with that league. Look at the state of it". And yes this would be someone from Cork referring to Bohs/Rovers/Galways situation.

The league needs a good swift kick in the hole, and i hate saying it but a club going out of business may be the only thing that would work.

* Do we know any other way?
30/03/2009, 10:35 AM
pete

Quote:

Originally Posted by Ezeikial

Are ye all going soft in the head?

No one has blammed Sean Connor yet!

When I quoted the transfer & sign on fees for 2007 I didn't I thought it would be obvious ;)
30/03/2009, 12:45 PM
Croker

Quote:

Originally Posted by D24Hoop

I understood it was ALL wages.

Even so, lets look again.

If they spent only the 65% of income on players wages, then they spent �1,983,578 on those wages.

The overall wagebill was �2,847,596.

Meaning they spent an incredible �864,018 on other wages. The average wage for non playing (parttime barmen, parttime admin, parttime groundstaff and backroom) staff at Bohs is over 45k a year.

Something is very, very wrong with this picture.

Fenlon is probably on about 200 or 300k!

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