Shels were indeed treated very harshly then, the example was never followed up to others like Drogs & Cork.
I think the Shels issue was their debts went into high millions rather than 500k +
Printable View
It's getting worse:
http://www.irishtimes.com/sports/soc...258186469.html
Quote:
The FAI met with club officials last night and, speaking today, chief executive John Delaney hinted at the seriousness of the issues discussed.
“If we do find a situation where we have been given information that differs from what it should have been, then we will take it very seriously,” he said.
“All I can say at this, points is that there are grave concerns after the meeting that took place last night.”
The club has for some months been engaged in a behind the scenes row with players over unpaid wages. It came to the fore nearly two weeks ago when the squad spoke to local press and claimed they had been told they could leave on free transfers.
Any debt is in breach of the rules. This also (once again) proves the submitting of monthly accounts to be a joke.
Missed one of the most important bits there:
Quote:
The decision comes amid growing speculation that there are irregularities in some documentation supplied to the FAI by the club at the start of the season.
Oh aye - this sounds like a potential bail-out alright!
:rolleyes:
http://www.irishtimes.com/sports/soc...258186469.html
FAI call meeting over Derry crisis
The FAI has convened an emergency board meeting for Saturday to discuss the future of Derry City.
The decision comes amid growing speculation that there are irregularities in some documentation supplied to the FAI by the club at the start of the season.
The FAI met with club officials last night and, speaking today, chief executive John Delaney hinted at the seriousness of the issues discussed.
“If we do find a situation where we have been given information that differs from what it should have been, then we will take it very seriously,” he said.
“All I can say at this point, is that there are grave concerns after the meeting that took place last night.”
The club has for some months been engaged in a behind the scenes row with players over unpaid wages. It came to the fore nearly two weeks ago when the squad spoke to local press and claimed they had been told they could leave on free transfers.
The club's debts are believed to be upwards of €300,000, while Dungannon Swifts have begun a winding up order of over €30,000 for monies owed following the transfer of Niall McGinn to Celtic.
Derry will finish the 2009 season away to Dundalk tomorrow and amazingly are guaranteed fourth in the league, though they could make third if Cork lose to Galway at Terryland Park.
Is Dortie in this thread, Davy who is registered on Shelsweb because if they are one in the same, i may just fall off my chair laughing?
Methinks this isn't going to end with a 7 point deduction.
Methinks Derry City will be no more very soon:(
If the above is the case then maybe the extraordinary meeting is to throw Derry out of the the League of Ireland all-together.
They can be relegated to the 1st Div or the A League under normal licence rules as happened with Shels & Cobh.
Whatever - it promises to be an extraordinary development.
If people read between the lines on some posts in this thread, the answers are threre.
Sounds like the voices of reason were patronised and scoffed at.
A familar story with LOI Clubs
The confident front put up in public seems to have been just sheer brazeness and without any logic or substance.
The comparison with the incredibly deluded Iraqi Minister is perhaps overused but very apt.
If I was a Derry fan I would be beyond angry. Also if the voices of reason resist the temptation to say "What have we been trying to ******* well say for the the past whatever Months" then they are better Men than me.
It's been nice knowing you all.
Sounds like our Board (or as many of them as can be arsed to turn up) are going to be tied to a radiator, put under a bright light, and asked to explain the irregularities in our 2009 licensing application that was mentioned in the press article.
If we got our license on false pretences, what's the penalty ? At the very least would have to be instant demotion to D1, with no money for league finish this season (on the basis that we shouldn't have had a premier license).
I sense the saga of our mortally wounded Board may be drawing to a close along with the season itself.