From today's Irish Daily Mail
Derry warned: Your survival is at stake
By: PHILIP QUINN
CRISIS club Derry City are on the brink of demotion to the First Division as punishment for apparent anomalies in their players' contracts for the 2009 season.
The pride of the north-west, currently fourth in the Premier Division ahead of tonight's final game of the season at Dundalk, appear destined for a fall to the lower tier of Irish club football over a relative pittance compared to the £750,000 they owe creditors.
FAI chiefs met behind closed doors last night to decide on Derry's fate with John Delaney, the FAI chief executive, admitting he had 'grave concerns' for the future of the club. Fran Gavin, the League of Ireland director, warned 'the survival of the club is at stake'.
The Derry distress signals were sent out following a summit at Abbotstown on Wednesday night between senior League of Ireland figures and Derry chairman Pat McDaid, the outcome of which prompted Delaney's intervention.
Without being specific about what emerged at the meeting, Delaney outlined a bleak future for the twice league champions.
Pointedly, he did not make reference to the club's huge debts. 'If any club provide material financial information and it's subsequently proven that information is incorrect, then you have to take action. You have to be fair to the clubs who have played by the rules,' said Delaney.
'We got the May accounts earlier from Derry in the year where we noticed things weren't as good as they should have been, after which we put a transfer embargo in to make sure there was no increased spend on bringing in extra players 'I was concerned for Derry then and I'd have graver concerns after what I heard last night,' added Delaney, who said events would move fast and that a decision on Derry's future is likely today.
'We have to deal with the events of last night, which were reported to me, in a difficult manner.
'The outcome of that meeting will be determined pretty quickly. Because if we take certain sanctions, it affects the play-offs,' he added.
That remark suggests there is a distinct possibility that Bray Wanderers, who finished 10th in the Premier Division, may now play ninth-placed Drogheda United in the play-offs, while St Pat's, Sligo Rovers and Galway United could be spared Asked if Derry City would be playing in the Premier Division next season, Delaney said: 'I think their situation is grave. In what guise they survive or in what division they play in will be determined as events unfold, I don't know.
'It's up to the people who run the club to salvage it, but the ramifications of the meeting and the content which was discussed, could be quite severe.' Discrepancies in player contracts appears to be a particular area of FAI concern.
Sportsmail was told of one senior player whose contract, submitted to the FAI, had him being paid 'X' amount but that he was also being paid a separate sum on another contract.
Delaney is acutely aware of the value which Derry have brought to the League since they joined in 1985 and won't want to lose one of the biggest and best supported clubs they have.
'When Derry came into the League, they brought thousands of fans for Cup finals. I know what it means to the FAI to have Derry in the League; and I know what it means to the people of Derry too,' he said.
€8.6MWAGE BILL FOUR clubs spent €8.6million on players' wages in 2008, according to League figures released yesterday. Cork City spent most with €2.35m, ahead of Drogheda with €2.25m — both had 10 points deducted for entering examinership. St Pat's spent €2.2m and champions Bohemians €1.9m. Salaries to players made up 50 per cent of all expenditure while debts to directors and banks made up 61 per cent of all clubs' liabilities.
From next year, wages to managers and coaches will be factored into the salary cap protocol. Club's losses were down to €2.7m in 2008 while attendances in the Premier Division for 2009 are up 17 per cent.