Humble pie for what exactly?Quote:
Originally Posted by L.T.F.C.
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Humble pie for what exactly?Quote:
Originally Posted by L.T.F.C.
For supper........obviously.
Yes the association gets it first but iirc the IFA pay out Oct/Nov and not at the end of the season.Quote:
Originally Posted by Shedendinvisibl
I dont think its been confirmed yet that they have pulled out.Quote:
Originally Posted by oriel
They are expected to field a team of U-21's apparently
Sad to see any club going under and no club in the LOI can say much about a club not being run properly as the vast majority have had money issues at one point or another. However, Fingal was a disaster waiting to happen for a long time. They came into the league at a time when there were multiple clubs either folding, being demoted, not paying wages, wage cuts etc.
They were operating off a clean slate and should have been able to see that the best move to make the club sustainable was not paying big wages with no real security to back it up. They had a chance to build something sustainable similar to the likes of Wexford, Bray, Monaghan etc.
In fairness it appears Fingal have been honourable in terms of wages which is a credit to them when compared to a lot of clubs including Galway. However, you'd have to question how they were allowed to be signing players up to last week? I hope they survive in some format and perhaps return to what they should have been at the start, a community club.
Most of their players should get contracts elsewhere but their wage demands will be reduced big time. Good news for Pats as they'll be back in Europe.
I agree with most posters on here that is rough on the supporters of any club that goes under, small in number though they may be, but it's worse on the employees of the club who are now officially unemployed. And this is where my gripe with Fingals management is. Peoples lives were being played with. Some person or persons in the background knew this day was more than likely going to arrive, and sooner rather than later. Yet they continued to issue employment contracts right up to a few days ago while knowing they would soon be worthless. They took on a Commercial Manager less than two weeks ago. Was he supposed to perform miracles immediately? Was he or any of the players told the future was looking very, very bleak when the contracts were being put on the table for signing? If this was done in the normal business world there would be public outcry. But nothing is "normal" in the LoI.
I genuinely feel sorry for Lamper and the Lep who have come on here and constantly defended their club and believed in their club. Such loyal supporters are as valuable to any club as the team. But I'm sure they too must feel very let down.
Let's hope every other club now wakes up and smells the coffee and that we do'nt have the same thread on here next year about somebody else.
As always it's a shame to see this sort of thing happen and when it does it is a sad day for the League Of Ireland as players are out of work and fans lose a team to support .
Must say that its sad to see another club go under in this fashion, franchising the club was definitely a worthwhile experiment and Fingal CC should be commended for getting involved in the LoI in the way that they have. But after their first season it seemed that the club wanted to move on too fast and made the same mistakes as every other team in the League of spending way over their budget, going for the big prizes instead of building the club up slowly at grass roots level to generate some income.
All Irish clubs are going to have see sense soon or we'll be left with seven or eight team league. Bohs, Galway, Drogheda are all on the same slippery slope as Fingal and god knows what other clubs have a financial crisis on the horizon
R.I.P Sporting Fingal FC
With Chambers gone I'd be surprised if our boss hasn't already contacted Ronan Finn about coming on board.Quote:
Originally Posted by Strawberry
Quote:
Originally Posted by hoopy
According to todays papers you're trying to get Finn, Williams and O'Neill, plus Oman is pretty much a done deal
Shelbourne Football Club have confirmed that CAB 2000 have agreed to remain on as main sponsor of the club for the coming season.Quote:
Originally Posted by The Lep
“This is great news for all at the club and in these difficult economic times, the club is extremely grateful to Cab 2000 and in particular to its owner, Mr. Anthony Kelly, for his wonderful support of the club, both going forward and over the past two seasons.”
“The contribution being made by CAB 2000 is extremely substantial and will be of great assistance to the BOM in its efforts to return the club to its rightful place in the Premier Division of the Airtricity League.”
http://www.extratime.ie/newsdesk/articles/4895/
Even with Rovers significant financial clout, you're talking an extra 3k easy on to the wage bill there (and that's a minimum guesstimation!).. Can't see that being feasible never mind true. Williams is a cert ot go Cross-Channel i'd say.. Liverpool could be sniffing now since they missed out on Charlie Adam! ;)Quote:
Originally Posted by Hibs4Ever
From todays indoQuote:
Originally Posted by Flawless
http://www.independent.ie/sport/socc...t-2533347.htmlQuote:
Midfielder Shaun Williams has particular reason to be aggrieved. The club rejected an approach from Celtic last month and, under British transfer regulations, it appears that he is now unable to move across the water until the summer as he didn't become a free agent before the transfer window closed on January 31.
I heard Tony O'Donoghue saying this last night and this has already been debunked as a complete lie. Yet of course if it's repeated ad nauseum then it must be true. I wonder will we ever have a season where we start will all clubs who finished the previous?
Yeah, he has some sort of off-field role, either as CPO or something along those lines.Quote:
Originally Posted by Charlie Darwin
I'm not sure how accurate that is Eamo, There has to be cause for dispensation!.. was going to highlight Shefki Kuqi's move to Newcastle as case in point but that won't hold water as he was released in January! :(Quote:
Originally Posted by eamoss
Grant aid for CPO'S has been scrapped.Quote:
Originally Posted by John83
Closer to €4k a week or a whopping €160k for the season.Quote:
Originally Posted by Flawless
Hard to know about Williams (probably will go cross chanel in July), Oman is a done deal, Finn probable, but there is competition for O'Neill even at the crazy money he was offered by Fingal.
I expect Rovers to sign three of these.
Sad to see Sporting Fingal in such dire straits (never understand people gloating over what is another blow to the LOI fast disappearing credibility).
As I understand it the problem was a UK company which had agreed to back them (somewhat filling the void left by Gerry Gannon) pulled out last week and that this is why they were still signing players up to early last week (Oman). The money paid to the players on Saturday was an advance on money due from the FAI so while it solved the immediate problem (monies already owed) it simply deferred the problem until the next payday.
Hopefully, the club can put together a team for the 2011 season and dont have to fold but it is difficult to see them operating with any sort of viability unless major funding can be sourced (not a good envoirnment to be looking for ANY funding at present).
Could they not go and do what Cork and Derry have done, fold the holding company and start up afresh with no debts but drop down and this time take it slowly? Or is it that there is nobody willing to do anything for them?
Is he not the marketing manager?Quote:
Originally Posted by John83
as far as I know they dont have debts they just cant finance the running of the club.Quote:
Could they not go and do what Cork and Derry have done, fold the holding company and start up afresh with no debts but drop down and this time take it slowly? Or is it that there is nobody willing to do anything for them?
Fingal have no debt that I am aware of.Quote:
Originally Posted by Quayman
Their issue is that they want to be funded by a sugar daddy and not by their own fans/community.
The last line of your post sums it up "is it that there is nobody willing to do anything for them?". Why should "they"? It is up to the fans to fund their own club.
Problem appears not to be accumalated debt but current expenditure (ie players wages) are not viable in the future. Wages commited to in contracts for 2011 (and beyond) are way beyond current projected income.Quote:
Originally Posted by Quayman
As far as I know club is not in direct danger of going under but given closeness to new season it is doubtfull they can put together team, business plan etc for the new season.
Buckley said last week that the UK backer was to only make up 15-20% of their annual budget so it's a red herring to suggest the collapse of that deal was the sole reason to bring them down. That deal was 500k over 3 years, 170k~ per season, at 15-20% of budget that would mean their planned annual budget was around 800k.Quote:
Originally Posted by marinobohs
They would have had league prize money, UEFA prizemoney, some TV income, some matchday income on their small attendances and some smaller sponsorships. Not a chance all that would go anywhere near to filling the remaining 600k needed to complete the season.
Facts are they had no money in their bank account to pay players last week before the season kicked off, that means they had no other sponsorship. They were screwed and on the road to ruin with that UK backer or not.
McGuinness of the PFAI confirmed last night that they signed a player as recently as last week when the club was in serious difficulty and had no money to pay their current players. Someone at Sporting Fingal should be shot for that. Unreal.
There is no way the club can continue. They have broken the player's contracts, unless they come to a settlement the players will have the club wound up just as Shelley and Grey attempted to do.Quote:
Originally Posted by marinobohs
As I've said, as of yesterday they now have debts of 13 broken player contracts to deal withQuote:
Originally Posted by D.24saint
If they totally go are Cobh in a position to step up & take their place or will we have an 11 team league
As I said the timeframe is frighteningly narrow but not impossible. Players can be found (although extremely unlikely to be anyway competitive and a deal could be done rapidly with the current players. Bigger question as I would see it is if the club is anyway viable going forward (apols for using that phrase) and if in fact there is any point in trying to "save" the club for this season.Quote:
Originally Posted by total hoofball
I hope I am wrong but, given the timeframe, a more likely scenario is for them to take a season out and seek to restart in 2012 in First Division
Possibly even the A Championship....Quote:
Originally Posted by marinobohs
So what next, Monaghan United promoted?
Whoever it is, I hope they sort it out quickly so that they don't end up going through what we did last season. (Well, the first half of it anyway.)Quote:
Originally Posted by Roo69
No doubt an all amateur local team could be clobbered together for Div 1 or A Champ, they have Dalymount paid for a season anyway, Fingal county council could release a small amount of funding to get the Lusk facility up to basic standards. That's not entirely impossibleQuote:
Originally Posted by marinobohs
What's looks impossible to me is sourcing funding to pay off the players. Conservatively estimate 13 players on 30k per year, we're talking about 400K to be owed to players. Players will be looking for 50% to be owed, realistically 33% will be shaken on. Even in that optimistic scenario the club would need to source 135k out of nowhere. Fingal have zero money and no company or businessman will pay for that.
99% certain they are done, even that 1% chance happens they should be kicked out of the league for good for their shady contract dealings over the last month
Drogheda no. 1, if they can't Monaghan should be, they advanced further in the play-offs but with Waterford finishing above Monaghan in the league you can't help but think a favour may be done for someone's local club....Quote:
Originally Posted by Roo69
Monaghan were getting ready for a PD licence at the end of last season so I've no doubt they will receive one unless they screw something up
is that 13 from last year or including the likes of O'Neill and Oman who signed this off season? ISn't there something in licensing about players not bieng registered until FAI say so? if so O'Neill and Oman wouldn't be owed a penny. Is this right?Quote:
Originally Posted by total hoofball
Wihout any assets its hard to see how players could get anything from a wound up Fingal
They would be wasting their time alright I would think. They could probably show some good will towards the club also as the have always (barr last week) had their wages paid. The main thing the players should be concentrating now is sorting out deals with a new club.Quote:
Originally Posted by Dodge
Agree things look very bleak for fingal at present. No reason IF they survive why all amateur team could not operate in premier League.Quote:
Originally Posted by total hoofball
Agree RE paying off players as well but this can be done speedily (especially as players want to move on) just because Bohs made such a dogs diner of it. Matter is dependent on what players will settle for and what funds available.
Not sure what rules they broke that would attract removal from Premier League and "for good" ????????
Anyone know the law regarding reckless trading?Quote:
Originally Posted by marinobohs
We stopped Shels getting promoted and we beat Sligo in the FAI cup ;)Quote:
Originally Posted by marinobohs