The accounts are until the end of November 08. And Connor's settlement was granted..... (drum roll please) on the 3rd of December.
That board need lined up against a wall. And so will Bohs members if they don't use their vote sensibly at the AGM.
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You may way be an asset rich club but your short term liquidity is terrible. Borrowings are very high and while interest rates are low and interest repayments are low too. But they will rise soon inthe next 12 months and you will be under more pressure than you are already to make repayments. All well and good have big assets but you cash supply is ****e and those assets won't easy convert to cash when you need them.
Granted bohs have big finanacial problems and the members WILL HAVE to act at the AGM but honestly getting lectures from Rovers (gone broke & STILL no ground) Shels (gone broke & 1st Div) Derry (St john Hume begging friendlies to survive not long ago) or Pats (Business plan - 3 mill wage bill to win SFA) Cork (far, far too much to list) need I go on ?
Bohs assets (Dalymount primarily) still way exceed what is owed even in these times. Only a small part of the ground is in dispute -FACT. We are by far the best team in the League and have Champions Lge and SETANTA to add to last years fixture list.
The fact is that no club in the league is in a great position and this clearly applies to Bohs amnd Yes we should be concerned. perhaps If the "preachers" on here looked after their own clubs then perhaps rovers/shels/cork/drogs would not have gone bust.
The difference is that all these clubs have all taken corrective actions, even if it was forced upon them (even if your wage bill for pats is way, way, way overstated)
The other point to note is that Cork, Pats, Shels and Rovers acted wrecklessly at the helm of directors of a private company. While supporters may be complicit to the problems, they're not the cause of the problems
However Bohs are, and have always been, a members club. The people responsible for your financial mess are the members of your club, as you voted on these accounts every year, and you voted these people in.
as opposed to homeless Hoops living in a rented ground (still ?) with a crap team ? kidding themselves that they are getting somewhere ? Thanks but no thanks, Bohs will be around ,long after the homeless hoops are finally history.
By the way no member of our Board was convicted of football hooliganism can hoops say the same ?
"Your assets are worth nil"
presumably the type of accounting that has worked soooooooooo well at SRFC.
Will do, and perhaps you could stick to managing a small part time club and leave us to look after the best team in Ireland and a club that has NEVER gone broke and has NEVER been homeless :D
nah, more like up his backside. land is only worth what someone is willing to pay for it, and this economic climate, that amounts to about zero. most property developers (the still solvent one anyway) will be looking to shift what they've already built, not gamble onfurther development that tha banks probably wont fund anyway. and location is everything, especially when the small piece of land that is sold off actually contains the all important access route.
The FAI won't let Bohs go to the wall. There'll be a deal done for the ground and then the FAI will get their wish of forcing a ground share with Shels. Different clubs, different rules.
Almost every other contribution here is sneering, self-satisfied guff from people in glasshouses with memories which I am sure are a lot shorter than those of their erstwhile creditors.
But we can't argue with this. We are a members' club. It is a privilege to be part of such a club, but with that privilege comes responsibility.
There is an inherent danger in some supporter owned clubs that if at some point things start going seriously wrong then fewer people want to step up to board/committee level. Naturally people don't want to get involved with a sinking or discredited ship, and the disillusionment drives people away and makes them wary. You may have plenty of people saying they want the incumbents out of office but when it comes down to replacing them you end up continuing with the same for sheer lack of other options.
There can come a point at clubs were a revolution is needed- but finding sufficient people with the time, energy and skills to entirely take over an operation as complex as an LOI club is tremendously difficult.
Bohs obviously need a revolution, and I hope they achieve it. (For the record, Harps need something approaching a revolution as well).
hes talking about our internet messageboard. Vast majority of our members are not online.
How did the Board get elected and continue to be elected with so little support?
The fans are complicit through action AND inaction. In a members owned and run club you can't blame a big shareholder rolling over the top of the will of the people.
Don't get me wrong, I don't things Bohs are any different from almost any other club in this regard. Rovers are polishing their halo, but give them a few seasons of mediocre football and who knows what will happen there.
Given
1. the number of failures and near failures of clubs when the writing was clearly on the wall
2. the relative lack of widespread fan interest in Supporters Trusts at the vast majority of clubs (my own included...how most Derry fans have short memories)
the only conclusion that can be drawn is that the majority of fans across the country don't really care until its too late.
Bohs are really no different to their predecessors, EXCEPT that the membership structure was supposed to make this impending train crash impossible.
ive realised that i may have misread D24Hoop's post - i thought he said there were a few on the gyspies web who wanted change but they were shouted down by the others on the gypsies web who had their heads in the sand. I realise that he may have been referring to just other members in general. Sorry about that but it is pretty ambiguously worded...
Otherwise ORA, i like that post. Perspective tends to get lost around here when the vultures are out. :D
bottom line (as the americans say) Bohs (Assets - liabilities) V hoops (assets (?) - liabilities) = as one sided as recent matches between the teams, and the same result.:)
Delighted to see the new found belief in supporters owned/run clubs. For many years Bohs were derided for the membership scheme (50 pound director jibes) especially by our hooped friends. Ironic that they now feel in a position to preach to everyone else on how it should operate.
I dont think (1) wander around a selection of Dublin stadia for 20 years (2) go bust, welshing on monies owed (3) misuse govt grants given to develop stadium (4) obtain licence on basis of false accounts (5) bum rental of ground off local authority - will make a text book case study on how to run a football club.
Well at least you picked the right day
so no other team would swop places ? (not that they were asked to but however). League champions, FAI cup holders, any of this mean anything to you or does the memory not stretch that far back (like owning your own ground) ? if rovers or any other club are happy basking in mediocrity then fine but dont expect everyone else to do the same.
there may well be dodgy times ahead for Bohs (little doubt) but we will survive. Bohs are around a lot longer than rovers and fully expect them to be around long after hoops are consigned to the dustbin of history.