How much did they charge in?
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How much did they charge in?
€25 I believe.
What was the score, and how much did they have to pay to get out again....?
Attendance was just over 3,500.
The FAI have already agreed to hold participation and prize money back until the debt is cleared afaik. We're in a situation now where the next 150k we win/ earm in participation money won't come to our account
http://www.extratime.ie/newsdesk/articles/2474/Quote:
Originally Posted by dcfcsteve
Team Glasgow won 1 net goal to zero
Yet again British Celtic exhibit their cherished Irish roots and reward their legion of loyal consumers - sorry, fans - by fielding an unheard of reserve team in a friendly game on Irish soil.
Yet another club and set of fans learn the hard way that friendlies against the Scottish club are a waste of time and money....
In fairness, Harps were delighted with the squad brought when we played them.
Recent friendlies show the phenomenal attraction of the English Premiership to Irish people over all other domestic, European club and International games.
Celtic just don`t draw big crowds here any more, ( Didn`t fill Tolka for their European tie v Pats for example) the Irish International side could only draw 11,000 against the World Cup Hosts, Champions League/third round UEFA ties this Summer attracting 5,000 and 3,500 respectively. While a team of kids wearing a Liverpool crest against a Bohs Second Team could have filled Dalymount twice over in a meaningless friendly! Bohs cleared 100k from that tie , Cork willl be lucky to make half that, bizarre.!
So it would be fair to say Cork are in deep, deep trouble again. Being extremely generous and assuming they/the FAI somehow make 100K from the Celtic game they still owe the FAI 100K. Before paying wages etc.
It means that winnings participation money from the FAI will be directed to the person who gave the loan until such time as the remaining money is paid. At that rate that money comes in, unless we win a competition or place second in the league, you're talking a few years minimum of money that we won't be able to budget with.Quote:
Originally Posted by seand
To use the word again is a bit misleading as it suggests a point recently where we weren't in trouble.
Really is a struggle from one week to the next for Cork.I presume they have/ would release any players that get an offer from another club as it is difficult to see how they will continue to meet payroll until the end of the season ?Quote:
Originally Posted by tiktok
just have to hope they can stagger on until the end of the season and clear out all players.
Writing on the wall when Cork cannot generate enough money to sustain one full time football club ?
Cork can. The problem, as per usual, is overspending in the short term pursuit of success.
There is no doubt in my mind that Cork could generate enough money to sustain a full-time club. We sustained one and won the league in 2005, the issue is how we've tried to do it since through Arkaga and then the current owner.Quote:
Originally Posted by marinobohs
Bad business sense does not neccessarily equate to a bad business opportunity for someone else.
We've had an average attendance in our last two competitive games of 1600, you can't sustain a full-time set-up on that, but I don't think that's reflective of what could be achieved in Cork City.
Would like to think Cork can sustain full time football (or everyone else is knackered !) but a casual (turn up when winning) support is not the basis for a full time model either. The fact that the recent gates were realitively small when everyone knows the position does not auger well for future attendances and certainly would be a very unsound basis for a full time set up.Quote:
Originally Posted by tiktok
You're Absolutely right which is why in all likelyhood, whoever is in next in Cork [or Tom Coughlan next season] is going to have to seriously question whether we can sustain a full-time set-up next season and in 2011. The negative press and number of people who have been burned by the club has left us with a lot to claw back.Quote:
Originally Posted by marinobohs
A huge number of the creditors who keep losing out are City fans who were giving good prices to CCFC becuase they were supporters, only then to get left with 7% of what they were owed. We have a long way back from that and I think you're seeing it reflected in the crowds [though I have to add] the football played under Doolin up to the last two games has been muck and isn't helping.
We have some positivess, Kevin Mullen at the club is an excellent Commercial manager, his reappointment has had immediate effects [something as small as every game being fully sponsored since his return - that wasn't happening all season]. Others at the club are excelling in hugely difficult positions as they struggle to counter the overwhelming negativity that's out there towards the club.
Long term you'd think that full-time is sustainable if apprioached seriously, but in the short term it's a much tougher call.
That was 11 (eleven) years ago and was completely sold out.Quote:
Originally Posted by Dalymountrower
Ask many pats fans about it and watch their reaction
Quote:
Originally Posted by soccerc
Not my recollection, but I take your word on it
I recall Pats fans getting stick for not supporting the "Irish" team (only here !). That game was the beginning of the end for my interest in Celtic FC (and Yes, the hoops do not help :)).Quote:
Originally Posted by soccerc
I hope i'm wrong but i can see us sadly loseing a few players during the close season this winter. Was always going to be hard to sell out last night's game against Celtic since it was a Wednesday,school in the morning and also since it was Junior Cert night.
Quote:
Originally Posted by tiktok
A few follow up questions if you don't mind please?
Does this mean that the FAI drip-feed repayments to the lender as it accrues to Cork City, or have the FAI repaid him the full sum now and repay themselves later over a period from the winnings / participations monies as they are earned?
Was the loan made out to Coughlan's CCFC Investments Ltd (?) company and if he were to fold or disappear off into the sunset, would the loan still be owed by the football club entity or say FORAS if they took up the running of the club?
If the above were to happen it's likely that Cork would be relegated and FORAS would begin rebuilding from the A League, where the winnings / participation monies would be greatly reduced, placing a heavier and much more prolonged burden on the the new club?
ok maybe I am waaaay off the mark on his one.
But if it is a case that the fai went guaranteour on the loan and the funds from last night will not pay off the loan is it not a case that the FAI have now effectively bailed out cork for the rest of the season?
Completely going against what they had told cobh last season?
Don;t flame me if I am waaay off the mark.
It's certainly contrary to the statement they made at the time, but then they blew that out of the water by promising to help Drogheda anyway.
That said, Cobh's problems were so severe (they failed to file ANY finacial documents) that they were probably beyond help.
:(:mad::rolleyes:Quote:
Originally Posted by soccerc
Aha smileys do work when conveying emotions
You'll have to ask the club/fai those questions I'm afraid.Quote:
Originally Posted by Buile Shuibhne
I'd guess the answer to the first part of question 2 is that the loan had to be made to the holding company as that was the one facing the winding up order.
The worst is over ................
http://www.irishexaminer.com/sport/t...er-100765.html
Yes. We have to look at licensing, "It can't be a diktat". Fair play Tom, you know best.
so its better to file wrong financial information, we should have lied like most others,:rolleyes:Quote:
Originally Posted by Mr A
after all that has happened at CCFC this season it really would be an absolute disgrace if the club folded at the end of the season,
So do you think the FAI should have let you remain in the league without filing anything? I really don't think you can have many complaints.
I would have suspicions about a few clubs but I think most have relatively accurate accounts.
i think the FAI did do the right thing we were punnished accordingly,Quote:
Originally Posted by Mr A
but handing in inaccurate accounts is just the same as not handing them in at all, you not giving the the FAI your accounts if you lie, the only differece between the two is a piece of paper,
but at the same time if we handed in that piece of paper we also may still be in the league casue we, like CCFC, would have also got a licence we didnt deserve
Quote:
Originally Posted by Mr A
How ? The fai commited to do work in the ground that they own FFS :rolleyes: How is this in any way the same as what was going on in cork or cobh .shock horror the fai do there job by actually helping a club , is that not what we want at the end of the day ?
The FAI made a statement that they would not do anything to help an individual club to get a license. Then they commit to upgrading your ground to get you a license.Quote:
Originally Posted by ndrog
They may own it, but there is absolutely no reason they have to upgrade it to league standards- except to help Drogheda United get a license. If DUFC paid for the upgrade via grants or whatever that would be a different story.
Small contradiction in the FAI position there, is there not?
A ground that they own due to a previous bailout to keep the Drogs in business! I dont own the house i live in but i know what id be told if i asked the owner for upgrades/refurb. I dont have issue with the FAI helping clubs but they need to be consistent.
Ah Tom Coughlan, the new Ollie Byrne.Quote:
Originally Posted by Buile Shuibhne
mmmmmmm the FAI fail to give us a licence because the owners of the ground wont upgrade it now that would be cracking stuff.if you rent a house and the washing machine breaks do you pay for it to be fixed yourself??do you fup.Quote:
Originally Posted by Mr A
so by your logic if they refused us a licence due to our ground youd be happy .I thought you wanted the fai to get involved more and help clubs .Fact of the matter is they havent done any work whatsoever to the ground and probably wont . So if we survive relegation on the pitch in theory we might not get license anyway :confused::confused:Quote:
Originally Posted by Mr A
The point I'm making is that they are totally inconsistent- saying one thing and doing another.
So floodlights pop at United Park the FAI foots the Bill cause they happen own the gaff?(thats what you imply even if its unlikely to be the case) Now that sounds fair doesnt it...Quote:
Originally Posted by stamullendrog
But then again wasnt this the same ground, that Drogheda dont own, that the sale of was to help bankroll the Drog move to a top class facility in County Meath? It is no wonder that Drogheda and the FAI have such a cosy friendship as both seem so consistently inconsistent:confused:
No work has been done so licensing has been violated in relation to the ground, you say that its the FAIs responsibility to get the ground in order..the FAI are unlikely to do anything going by its own statement 'cough' - next season is a ground share then, we would appreciate the rent money and make sure the washing machine was in working order for ye;)