Delaney being smoked out

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09/09/2010, 4:26 PM
pineapple stu

The bigger the debt, the bigger the servicing though. And when the FAI needed an ambitious Vantage Club target to meet repayments (because the debt was so large), reports that they may have failed in their sales targets is always likely to be newsworthy.
09/09/2010, 4:30 PM
Celdrog

Quote:

Originally Posted by pineapple stu

What if you can't pay your mortgage?

There is also the chance of selling your house to clear your debt. Can't see too many people wanting to buy half of the Aviva.
09/09/2010, 4:34 PM
pineapple stu

True. Also, I don't make most of my money from my house.
09/09/2010, 4:34 PM
**FrOsTy**

Quote:

Originally Posted by Celdrog

There is also the chance of selling your house to clear your debt. Can't see too many people wanting to buy half of the Aviva.

Didn't the IRFU buy half of it?.

Deleany is doing a good job overall IMO but could/ should be doing more for the LOI.

Hopefully when the economy picks up more investment can be put in place.

From talking to him after Ireland mathes he seems very clued in about everything and is a big follower of the league.
09/09/2010, 4:35 PM
Stuttgart88

World Cup qualification might have helped.

I said it in the International forum, but more imagination might (note "might") have yielded better results.

Why the 10 year term? 5 with an option to extend would have been more attractive.

What about offering a bonus - 2 more years for free if we qualify for a tourney? That type of thing.

Just curious: did the FAI even need part-ownership? Could the IRFU have funded it all and rented it to the FAI? Would this have been more or less cost effective for the FAI? Does the lender have general recourse to the FAI, or is the stadium and its revenues the only collateral.
09/09/2010, 4:38 PM
**FrOsTy**

The 3 sponsorship will be a big help towards the financial situation. €45 million over 3 years. Also offering 33% discounts on match tickets for all 3 customers. The season ticket thing is a good idea but should include all qualifers not just up until March *

*March could be wrong.
09/09/2010, 4:45 PM
Mr A

Quote:

Originally Posted by **FrOsTy**

The 3 sponsorship will be a big help towards the financial situation. €45 million over 3 years. Also offering 33% discounts on match tickets for all 3 customers. The season ticket thing is a good idea but should include all qualifers not just up until March *

*March could be wrong.

The deal was for 7.5 million, not 45.
09/09/2010, 4:49 PM
**FrOsTy**

Is it not for 15mil a year! We'll I've been totally miss informed ha
09/09/2010, 5:07 PM
bennocelt

Quote:

Originally Posted by Calcio Jack

True he came from a decent background ( not a hugely monied though) but false that that is where he got his money from as he made it himself so guess we'll have to agree to disagree

Well yeah like the Indo say that Tony O Reilly is self made!!!!!
09/09/2010, 5:08 PM
bennocelt

Quote:

Originally Posted by Stuttgart88

Much is made of the FAI's debt. Is there not an asset on the other side of the balance sheet? I'm in lots of debt, but I have a house too.

By all accounts Delaney was instrumental in securing the Europa League final for Dublin. Estimates are probably vastly inflated but Dublin Chamber of Commerce reckons an economic impact to the Dublin econopmy of EUR 100mm. I'm surprised that dcfc Steve thinks it's wrong that he should earn more than the Taoiseach. Perhaps the office of Taoiseach is underpaid, versus private sector or even other public service salaries? Have recent Taoiseagh been deserving of their incomes anyway?

I also understand that his EUR 430k pa salary is very much at the high end, if not the very top, of the range of national association CEOs across Europe. This doesn't sit well with me.

You'd swear Delaney was some form of aristocrat based on some comments here. So what if he is anyway? It's his fitness for office that's the issue, not his previous career, education, family background etc.

Exactly, and thats why he has to go:rolleyes:
09/09/2010, 5:11 PM
bennocelt

Quote:

Originally Posted by **FrOsTy**

Didn't the IRFU buy half of it?.
.

From talking to him after Ireland mathes he seems very clued in about everything and is a big follower of the league.

God another FAI head on here:rolleyes: Nice to rub shoulders up there in abbotstown
09/09/2010, 5:39 PM
Stuttgart88

At least those shoulders aren't laden down with heavy chips.
09/09/2010, 5:46 PM
legendz

I was at a Kerry League vs Waterford Utd game, Kerry won after a shoot-out, Delaney turned up to that game that day as well. Seems a big fan of the league. Structures like the A Championship are a move in the right direction.
In fairness He did not want Kerr as manager, Stan was a mistake but that has been addressed.
What happened to Limerick and the Barcelona was a disgrace though.
09/09/2010, 5:49 PM
dcfcsteve

Quote:

Originally Posted by Calcio Jack

True he came from a decent background ( not a hugely monied though) but false that that is where he got his money from as he made it himself so guess we'll have to agree to disagree

Can you clarify where/how he made his millions himself, rather than just say that he did ?

Thanks.
09/09/2010, 5:50 PM
bennocelt

Quote:

Originally Posted by Stuttgart88

At least those shoulders aren't laden down with heavy chips.

Nice n tasty too
09/09/2010, 5:56 PM
Lim till i die

People who think John Delaney is a big fan of, or indeed gives a tuppeny frig, about the league :bulgy:

There are probably arguments to be made in favour of honest John. I would humbly suggest his treatment of the league wouldn't be among the strong ones.
09/09/2010, 6:19 PM
legendz

Quote:

Originally Posted by bennocelt

Nice n tasty too

Belfast Celtic demise was sad for Irish football. The likes of Donegal Celtic nowadays and Lurgan City should have been invited to the LoI.
09/09/2010, 6:27 PM
SkStu

Not a fan of Delaney's obviously but im not sure that all this kerfuffle is enough to demand his resignation. He failed to meet sales targets, its hardly corruption (at face value) or gross mismanagement. The lack of sales and/or decisions made are certainly defensible all things objectively considered.

Quote:

Originally Posted by pineapple stu

True. Also, I don't make most of my money from my house.

yeah right Stu...

http://media.cnbc.com/i/CNBC/Section...ss_600x400.jpg
09/09/2010, 7:52 PM
**FrOsTy**

Quote:

Originally Posted by bennocelt

God another FAI head on here:rolleyes: Nice to rub shoulders up there in abbotstown

Not an "FAI head". But having sat down over a few pints discussing LOI (The Cork and Derry sagas in particular) he gave a good account of the reasonings and moved on to chat about football in general. He's at a lot of LOI games (mostly our games) It's not the FAI's sole job to market the league for clubs. All clubs bar the Shams are dreadful at marketing.
09/09/2010, 8:27 PM
Stuttgart88

Just to digress, but isn't marketing all about the 4p's:

Product
Price
Place
Promotion

The product is what it is for the moment. Hard to improve without investment (from where? and what will attract it?) and maybe better technical development among the next geneartion of LOI players. Unusually among businesses, a sports league - the product - requires competitors to be evenly matched.
Place - in sport this is bound up in the product. You can't watch a match without visiting the place.
Price - presumably it's fair in the LOI - I don't know
Promotion - presumably this is what Frosty was referring to re-marketing.

Probably worth a separate thread, or Phd thesis.

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