Shocked to see no Fingal rumours yet. Rumour on boards that this is the season the funds dry up. Anything to that?
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Shocked to see no Fingal rumours yet. Rumour on boards that this is the season the funds dry up. Anything to that?
Foran links with us as well apparently
TWO bars.
I thought Kilduff to Fingal was a done deal for next season, no?
Dundalk are probably in a better position for the medium to long term then most clubs. The club Communications Manager recently posted on Oriel Web (see below) a summary of the current position, where a surplus is anticipated this season, which offsets some of the losses from the previous year.
The board appear to be unwilling to increase the playing bugdet to a level that would project a loss for 2011 (it's questionable if the FAI licensing would allow this anyway). This concept is probably alien to most LOI supporters, and is difficult to accept for the Oriel faithful, but Gerry Matthews has a clear visiion of where the club is going
The new Youth Development Centre is due to be fully operational shortly and will undoubtedly add to the income stream, with Concerts, Exhibitions, Trade Shows and other large scale events complimenting the Gym, Indoor pitches, and Bar/Function facilities.
The concept is one of sustainable development, and that if you build a successful club, then a successful team will follow
Quote:
The simple picture is that the club will return a surplus this year, but will carry accumulated losses going forward (primarily the deficit from 2009). The underlining picture is that when the Europa League activity is stripped out, the club is operating at a loss. Clearly, with European revenue unlikely for 2011, if the club operated with identical income and expenditure otherwise in the season ahead, further losses would be anticipated. This is certainly a “very challenging financial position” as budgeting for an operating loss on top of accumulated losses would be irresponsible in the extreme, and would place the future of the club at risk.
Cheers for that Ezeikial
As I intimated above, the question shouldn't be why is Dundalk's budget low but why have other clubs with similar (or lower) bases (in terms of facilities and crowds) got such high budgets?
There's only five clubs finished ahead of Dundalk in fairness.
Bohs - obvious really
Rovers - twice Dundalk's crowds
Sligo - decent crowds; occasional fire-fighting and fun rumour
Fingal - obvious really
Pat's - quality manager :)
In my opion Dundalk would be mad to spend big next season. There is practically no relegation next season with the 16 team premier coming in so - pay the debts now, mid table finish next season on a small budget and look to the future for sucess and club stability.
16-team Premier isn't a cert. It'd have to be passed by the FAI to come in.
Cheers for that Ezekiel.
Looks good for Dundalk in future tbf.
Just with all that development dya think they could possibly put a roof on the away section, my only problem.
As far as im aware we apparently have about the same playing budget as Pats and Fingal with Bohs and Shams well ahead.
And since the new chairman has come in he hasnt put a foot wrong, getting some decent sponsorship deals.
We also ended last season with a 6 figure profit but alot of that was down to reaching the cup final.
I thought that any club that signs a player under 23 who has been contracted to a club for at least two years (amateur terms don't count) must pay compensation provided that player has been offered a contract equal to or greater than his current terms at least 6 months before his contract expires. Provided we've offered Kilduff or Bolger or anyone else a contract equal to or greater than their current terms in the correct time period then we would have to be compensated with a transfer fee like Conor Sammon to Derry. Sadly we didn't do this for Ronan Finn and Fingal signed him for free.
There was a Mansfield Town scout at the Rovers/Pat's game last night.
With Farren leaving Derry any names in the hat who they will look to sign for next season
think Foran would get more game time next year if he stays, he;s unlucky that we have Peers and Lauchlin but this is the first season we didnt have too big an injury crisis in the centre back position so his time will come .. need players like him if we are going to mount a challenge
indo today has it that Cook signed a two year contract so hopefully the rest of the squad follows suit
Faz has trials abroad.
Tom Miller going for a trial with Charlton.
Stephen McDonnell going for trials with QPR and Wigan.
How long has gary Twigg got left on his contract. Heard strong rumours he is top of Derrys wanted list? Cant believe it myself but heard these from the game last night