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Im sure you would all agree that the FAI are not doing their best for the league. I wasnt altogether impressed with the fact they were taking over the running of the League given their track record. If Shelbourne were run properly with good business practice there is no way they would have ended up in the situation they did. The issues like tax breaks for investors are all very valid points and show that these six are thinking ahead unlike JD.
In all honesty I've seen improvements this year. Not nearly as much as I'd have likedQuote:
Originally Posted by Tir Oilean
Tynan made it clear if they had been in charge they wouldnt have signed up agreeing to a wage cap.Quote:
Originally Posted by pineapple stu
Arkaga certainly are pulling the strings, they have big plans(unrealistic some might say) and dont want the FAI getting in the way of them.
Ahh that wont actually ever happen to be fair.Quote:
Originally Posted by jebus
Do we read from this that the other clubs might see the 65% cap as a sort of leveller.Or is the big issue here that money invested/donated etc is now sponsorship and cannot be got back? If the latter is the real gripe, we have people spening money who intend to get it back and under this system that won't count as turnover.
So are the clubs actually aware of how the wage cap will be administered yet?
It seems not but isn't some of the responsiblity with this lying with the FAI? Have they not depicted how this is all going to work*?Quote:
Originally Posted by Mr A
* I'm assuming that they know how its going to work, i mean they do don't they???
if at the end of a season when your accounts are inspected by licensing and found to have breached the ceiling (knowingly). your club will be subject to fines ,points penitlies, our barring from outside competitions like eufa or satanta , ultimite sanction is demotion i believe, oh and these gang of six are not going to rewrite the particition agreement it should never have been signed in the first place but now its in there is no way out.
Quote:
Originally Posted by Lim till i die
Sorry if I didn't phrase it properly. Was just pointing out that we will (hopefully)avoid relegation, not that it will make a difference. Was only trying to counter Stu's claim about "their losses".
As for Jebus' "keep quiet down there". Are you still in that place?
Sorry for the cross-posting from the Galway United forum but this is somewhat relevant to this thread too (from yesterday's Sunday Business Post):
Leeson criticises FAI over plan to curb player salaries
14 October 2007 By Richard Curran
Nick Leeson, the former rogue trader and chief executive of Galway United football club, has criticised plans by the Football Association of Ireland (FAI) to limit the amount of money that clubs can spend on player salaries, saying they do not go far enough.
Rest of the article is here
So what 3 clubs is he talking about- or besides Shels, what other two clubs?
Drogheda would be in there I'd imagine, and probably St Pats. Feck knows though, there could be a lot more than 3!
Doubt Shels is one of the three. Drogs, Pats and a.n.other. Wouldn't think us, this season. Who else could we rule out? UCD, Bray, Waterford, and I assume Rovers too.
3 out of 4 from Drogs, Pats, Bohs and Cork I'd say (probably the first 3 given Cork's better gate receipts and relatively small squad).
Has to be Drogheda, surely?Quote:
One club had an annual player salary bill of 161 per cent of revenue.
we are well below the 65% and thats why i was slightly shocked to see ourselves being named in the super six an idea which is being promoted by the Drogs
If you read the Business Post article, Galway seem to think that the rules aren't strict enough where as the other 5 think they're too strict.Quote:
Originally Posted by gufct
Soory Stu i was talking about the exclusive in the Star last Thursday by Paul Lennon. Nick has been steadfast on the wage cap as any dimunition of this will see a free for all where the players will be paid even more than at present and clubs will fold.
just wondering here but surely the wage cap is anti-european trade laws and all the rest???
it is another form of restrictive trade, a lá bosman and number of foreigners rules isn't it?
surely it would be laughed out of the european courts if it was taken there
There is no cap on individual wages. AFAIK it is already implemented in English League Football & Rugby League (clubs deducted points this season for breaking) in the UK.Quote:
Originally Posted by galwayhoop
You honestly don't think its laughable for Leeson to come out against the people that put his club in a division they didn't earn the right to be in, 9 months after they had done so? Honestly?Quote:
Originally Posted by Gaillimh Al