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He spoke to mns after the game last night in TC.But sure he couldn't send out the sacked John White to speak for him.Dundalk cant afford to sack McCaff so we have just have to bite the bullet & soldier on as we are :mad:Quote:
Originally Posted by oriel
Things going from bad to worse @ Dundalk right now,we are relying on insurance payouts to keep us afloat now!! :(
http://www.dundalkfc.com/dundalk-fc-statement-4Quote:
The board of Dundalk FC have released a statement regarding an unpaid insurance claim for the astro-turf pitch which was set on fire at Hiney Park last summer.
The statement reads:
‘As has been indicated via many media outlets over the last number of weeks Dundalk FC is currently experiencing severe financial difficulties.
One of the revenue streams that we were depending on was a settlement claim in relation to our 3G Artificial Surface that was maliciously burned.
‘There have been ongoing and intense discussions between all parties involved, Kelleher Insurance, Fulcrum Loss Assessing and Travellers Insurance based in Dublin, in relation to getting a favourable resolution to this matter. We expect to have positive news on this early this week.
‘Given that all other revenue streams are reduced the money from this settlement claim is the most important income coming into the club at present and will allow us to pay players and creditors going forward.
‘We would be very disappointed if there was not a favourable response as this is a claim we have been pursuing and counting on to pay wages for some time now.
‘If there isn’t a favourable response it will be a major blow to the club. This claim coupled with continued reductions in other revenue streams will put the club in a perilous situation where we will have no money to pay players, staff and creditors this coming week and in the weeks ahead.
‘We will keep everyone informed in relation to this matter.’
Presumably the insurance claim relates to pitch rental income foregone due to the fire? Hopefully the claim gets sorted for you.
Whats the claim for exactly? Dundalk still use and rent out the pitch. Can't be for lost earnings
Not sure but maybe damage to property - i.e. the astro-turf that was burnt. But it's not exactly the best practice to rely on some claim as a main source of income. Attendances and other sources of income have been down this year, but still factoring this 'bonus' income isn't something you'd expect. I'm not even sure how good of a claim we have, the astro-turf that was burnt was lying there for a long while ( 2 years maybe) and was largely unprotected, I think there was a steel fence around it most of it, one of them movable ones, but not exactly hard to get pass.Quote:
Originally Posted by Dodge
http://i54.tinypic.com/2w53ck5.jpg
No offence to anyone but that kinda looks like you're claiming for rubbish that you ****ed over your back wall which was then burnt!
On an aside, I've two square foot of Oriel Park out my back from a trip up there a few years back. :)
:eek:Quote:
Originally Posted by bullit
Agreed.Quote:
Originally Posted by Lim till i die
Beware the club could now be suing you for theft and this could be used as our next source of income.Quote:
Originally Posted by Lim till i die
This sounds very scary for Dundalk. Not a situation any club wants to be in, and still so early in the season too.
LOL - even Nick Leeson didn't think of that one
Ye're f.....
I miss Ezeikials pontificating about how utterly fantastically run Dundalk are and how every other team needed to do things the Dundalk way.... Lol spoofer.
That said, I wish Dundalk all the best.
Id like Mr Crossan share his opinions now too! Dr Spin....Quote:
Originally Posted by SkStu
Gavin McLaughlin of Dundalk Democrat reports that the players weren't paid this week: https://twitter.com/#!/McLaughlinGavin The Trust seem to confirm this. https://twitter.com/#!/DundalkFCTrust
Not unexpected given the earlier statement I guess.
PFAI (McGuinness) having a pop on twitter as usual.
He was asked if he's spoken to the club yet. he didn't reply
I saw he said two clubs already unable to pay wages. Are Monaghan the other I wonder?
Might get worse with many teams not having a home fixture for the next 3 / 4 weeks
Pats have no home fixture between 21 may and 22 June, then 3 home games in 8 days
I'll point out that we're playing Crumlin 'away' in Richmond on Sunday, so we got a little lucky.
Well this is what he siad at the time of the fire:Quote:
Originally Posted by Nesta99
http://www.argus.ie/news/mindless-va...e-2803159.html
Quote:
Colm Crossan, Communications Manager at Dundalk F.C, said the club were shocked to see fires had broken out along the stored bales.
' These were actually the surface from the old pitch, which we had lifted about two years ago when a new surface was put down.'
He added that initially there were plans for it to be reused at the Youth Development Centre, but these were scrapped in favour of a different type of surface.
'However, it was being stored there as we hoped to use it again at some stage, which isn't possible now.'
If Dundalk think they are going to get any sort of large insurance claim for an artificial pitch they ripped up and dumped it over a wall two years ago and had no definite plans to use again they are living in dreamland.
Three months into the season and we have a club relying on a fanciful insurance claim to pay the wages. What does this say about the licensing process?
I think it says more about attendances falling off a cliff rather than the licensing process.Quote:
Originally Posted by HulaHoop
It is indicative of the turmoil within the club as the owner has and continues to 'cut off his nose to spite his face'. The insurance claim has been in for quite a while and was being processed without certainty of a positive conclusion. If i were the insurance company i'd be thinking bunch of chancers. Dundalk was being run well and if the football club had total access to its income streams then there wouldnt be a problem. In addition to falls in attendances due to the issues between supporters and team manager, club money was forked ouut to pay eg unnecessary unfair dismissals... are event costs being billed to Dundalk FC without a return to the club? hmmm!
I hope Fyffes are tied in for a good few years as i'm sure they are delighted with their association with this mess...
Sounds like a doomsday scenario in Dundalk.
Sad to see.
What the feic happened though? I thought it was all going well, being managed well and revenue coming in from other streams other than matchday. Can Dundalk fans name three things that are happening thats caused this scenario?
My own guess is that the big money being made via the bars at OP and also in the highly successful youth development centre(ydc) is getting siphoned off by Gerry Matthews to help him pay for the planning costs that are due to Dundalk town Council/LCC.Matthews promised all along that ALL money made by these bars & money from the ydc would go towards the general running of the club.This clearly hasn't happened.
I think that Matthews has engineered a crisis situation at the club that will invoke an interested party(DFC Trust,Fastfix,combo of both) to take over the club along with the debts it has incurred and therefore releasing him from said debts.
End game is not far off imho.
Building of the YDC and the associated costs.Quote:
Originally Posted by A face
Owner being involed in construction and associated costs.
Manager ****ing off un/happy fans.
Now on the three things that went wrong! Where to start............
I think that there are two.Quote:
Originally Posted by A face
1. The Board fell apart after the owner decided to sell the club but failied to agree a deal with buyers. Businesses need good management.
2. Attendances have halved since first year up, no club can absorb that loss of revenue without problems.
It's a combination of everything.
Devious owner and his lackeys.
Naive supporters trust.
Insulted and demoralised potential buyers.
Add in lies, spin, deception, stupidity and the mother of all 3 card tricks. When the normal club supporters are insulted to such a degree that they feel complete disconnect with the club, then everything falls apart. I am grateful for the owner's initial efforts to stabilise the club, he did put some of his own money in (regardless of what he wanted on the side) and gave alot of his time. However when results on the field didn't match the usual whingers and moaners (every club has them) in pubs and clubs around the town's expectations, the owner just speeds up his exit strategy. It's sad and the club could go bang over the summer.
Nope , we are up to date at the moment I'm told , don't know how long that will continueQuote:
Originally Posted by Mr A
My opinion is this:
1. No coherent plans for the direction of the club since 2009/2010 and the club almost operating in a limbo state from season to season 40%
2. GM came out last year and said he wanted out. i deal with these people everyday and when your owner wants out then you get him out as fast as possible. 20%
2. Building a YDC but with absolutely no idea on how to run one and to properly utilise the asset. it is now in actual fact a bingo hall with a couple of artifical pitches 15%
3. going on a rampage of cutting costs to the extent that it is now at the stage that for each cost being cut the benefit being offered is far greater than the cut. 15%
4. Sacking john Gill- hence believing every single little promise that blacky connors told him. 5%
5. unfair dismissal cases with dave rogers and lisa kelly all cost the club dear funds, also there is the dragging the club through the dirt during t/o negotiations, lotto money as **** sticks, his other business's falling apart and using the club to prop them up
to be fair to him though, he did do good for the club and i applaud him for that. Up until 2010 we possibly were the best run team in the country on and off the pitch. But as i said when the owner of a club, business or anything else losses their heart in what they are doing then they should get out and fast.
That's the fairest and most decent summary of the situation JL, thanks!
Good post jlw but you are wrong on this point.The facilities provided in that "bingo hall" are top notch.Tell me what way you would have built it?What way would you run it? What would you change? Or are you just running the it down for the sake of it? It seems to me that Matthews is hanging on to it for a reason,the reason being that it is a cash cow.Quote:
Originally Posted by jinxy lilywhite
Bullit, I think he's saying it for the reason that bingo halls and artificial pitches make money, hence the big man and his buddies will fight tooth and nail for it. They value it highly and the price on it is way above what you'd expect for anything in these straitened times, but what else can be expected.Quote:
Originally Posted by bullit
I am not running it down. it is good to have an asset that hopefully in future will generate revenue stream. It is my opinion that during the time focus was just to build it without any though or proper planning on how to utilise it and to run it properly.Quote:
Originally Posted by bullit
it was built purely for youth development it would be next to impossible for the centre to run itself. It would also be very speculative to think that dundalk fc could build a conveyor belt of talent that could be sold accross the water to pay for the centre.
to counter that you need functions and functions do be held there. But there is not as many functions being held there that would hoped to be. Dundalk and ireland are different places now than it was 3 or 4 years ago.
What would I do? tbh I dont know, hire an events manager or get someone in who intimately knows how to run a youth centre and to use it to feed the 1st team. but it will be a very long time imo before this centre becomes a cash cow. the revenues generated from it will take a very long time to pay back. Centres like these you build and you hope in 20 yrs that it will pay back but we all know the reason why it is a perceived cash cow is because the costs have been landed on DFC and the company now running the centre have no costs.
I think the YDC or Oriel Active as it's now called is good, nice bar, a gym for the players and we can hold events in it - like the European badminton tournament, Take Me Out, Strictly Come dancing, large Poker tournaments, snooker expeditions, and probably other things that I can't think of. But on a football side of things there is only 3 indoor pitches in it, not a whole lot in my opinion. Even though it has only recently closed JJB in town had 11 pitches, all that could be converting into larger pitches, plus the 12th pitch that was turned into a kiddies play area. And still it closed down despite being busy every night of the week (not sure of the exact reasons). There is tonnes of artificial pitches now in town, so on the whole 3 5-A-side pitches for me isn't a whole lot for the time, money and effort put into the YDC.
yea, interesting that the poster so quick to pontificate on other clubs......................:rolleyes:Quote:
Originally Posted by SkStu
Wish Dundalk all the best and hope they can come through this. Appears from the outside to be behind the scenes politics and that is never a good sign. Times are difficult enough for LOI clubs without the added complication of personal 'agendas'.
From bad to worse up in Dundalk, missed another wages payment to the players this week according to a player.
:bulgy:
With the break coming up, it's not unreasonable to assume the players can forget about their wages for the next four or five weeks too.
I would have taken that as a given unless they get a whack load of cash in from else where. Seeing as Dundalk have broke players contracts can they look for a new club?Quote:
Originally Posted by Lim till i die
Who gets paid on a Tuesday?!
The players will be paid this week, confirmed by the club. Last week's wages wont.
So what you are saying is that last weeks wages will be paid a week late, and they won't be paid this week's wages on time?Quote:
Originally Posted by The Lilywhites
Take it whatever way you want. They'll be a week behind. Club not sure if they will be able to pay wages over the break.
http://blackandwhitetown.tumblr.com/...poke-at-length