according to one of the papers today the prospects arent lookin good at all for cork city... the wages werent paid this week at all.. players are six weeks behind on payments.. I am not feelin confident about cork city tbh..:(:o
according to one of the papers today the prospects arent lookin good at all for cork city... the wages werent paid this week at all.. players are six weeks behind on payments.. I am not feelin confident about cork city tbh..:(:o
Aren't the players paid monthly so it's only really 2 weeks behind?
Also, I think the players agreed to a deferral of a week.
Certainly though even if CCFC keep going tomorrow it's very hard to see how they can hold it together for the rest of the year.
I don't really understand this Celtic friendly business. OK, the FAI said they'd run it and give the money straight to Revenue... but Revenue want their money, all of it, today. Are the FAI or Cork borrowing on the security of the Celtic friendly to get cash for today? Or are they just planning on giving Revenue whatever they've made from ticket sales so far?
If they do somehow get through today then there's the small matter of trying to pay players' back pay and wages for the rest of the season, with the Celtic money and FAI prize/TV money already gone to Revenue.
Another complication for City, I believe, is the fact (??) that no other league club can sign any of their players as we're now out of the transfer window.
AFAIK, they borrowed on the strength of the friendly
Oh and I think the players will have 2 weeks to find a club. Not 100% on this we definitely signed Paisley a couple of years ago outside the window after Longford didn't pay him
They can sign free agents afaik, which the Cork players are now.Quote:
Originally Posted by seand
Yep,all Cork players are now considered free agents.How many players have they lost in the last few weeks.Behan,Healy,Kelly,who else???
They will only become free agents now if Cork go out of business. At the moment all players at the club cannot go anywhere as the transfer window closed on July 31st. the players that left done so prior to the close of the transfer windowQuote:
Originally Posted by thischarmingman
They haven't been paid, they can leave now if they want.Quote:
Originally Posted by prince20
Quote:
Originally Posted by prince20
http://www.breakingnews.ie/sport/cou...ts-420608.htmlQuote:
The owner of Cork City FC Tom Coughlan has confirmed that the club's entire squad are now free agents and can leave at any time if they wish.
It follows discussions today between PFAI representatives, players and Coughlan.
The players have also agreed to defer payment of their wages, due today, until next Wednesday in order to help City's efforts to settle their substantial debts with the Revenue Commissioners.
The club is set to be wound up unless a last-minute solution can be found to the company's tax problems before Friday.
Dont think so as they agreed to defer their wages.Quote:
Originally Posted by sligoman
They're still free agents.Quote:
Originally Posted by prince20
Free Agents: How can they be free agents if they are attached to Cork.
Does this not mean that If another club came in for them then CCFC would not ask for a price but mutually terminate their contract. If so then CCFC players can only go over to another jurisdiction whose transfer window is open and they can not sign for another loi side until a time when CCFC ceases to exist because then they will not be attached to CCFC because our transfer window is now closed.
Quote:
Originally Posted by Dodge
In previous cases such as Paisley, players who hadn't been paid in 2 weeks - or more particularly 2 pay periods - were free to sign for other clubs (breach of contract making them free agents)
Because Cork players are paid by the month - they may have to miss 2 pay months before becoming free agents?
Tom No Bobs saying that the player are free agents - before the transfer window closed - and the actual release of players by him afterwards, may be a different matter?
Yeah cos thats what we're worried about right now, looking ridiculous :rolleyes:Quote:
Originally Posted by GuisaSaigon
This is all part of the confusion... Coughlan saying the players are free agents and free to leave is all well and good, but can they join another club?Quote:
Originally Posted by Buile Shuibhne
Another thought! What lender in their right mind is going to extend credit to a company who are in immense danger of folding within a couple of days? Or are the FAI guaranteeing the loan... surely not?Quote:
Originally Posted by Dodge
Excellent point Buile Shuibhne. Somethign I hadn't thought about.
Sorry, probably a bit late to be worrying about that alright! :(Quote:
Originally Posted by micls
Whats the latest from Leeside? Any word about whether Coughlan has all the money or not?
No news. Coughlan seems to have gone into hiding.Quote:
Originally Posted by GuisaSaigon
That was the point i was making but Sligoman doesnt want to believe it:eek:Quote:
Originally Posted by Buile Shuibhne
Any news, just over two hours to go.