Bohs accounts

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Originally Posted by D24Hoop

By qualifying for the champions league?

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Eh no.

By taking control, culling their squad in July/November. Getting rid of everyone they possibly can. Cutting all unnecessary costs and setting up a plan to pay off debts owed.

When the market picks up again, which it will, they can sell Dalymount, move somewhere cheaper and run the club properly, or get someone into Dalymount with them to groundshare and use the money to slowly pay off debts owed.

I never said it would be easy but it is certainly possible. The question is are they willing to do it.

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Originally Posted by Macy

The FAI won't let Bohs go to the wall. There'll be a deal done for the ground and then the FAI will get their wish of forcing a ground share with Shels. Different clubs, different rules.

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Very likely - I can definitely see this happening in a few years. Debts mount up, deal for stadium with developers doesn't happen, FAI clear Bohs debt, do some redevelopment on the ground and Shels move in there with Bohs.

It would also mean that every Dublin club bar Pats would be in a situation where they have no capital assets to blow on playing budgets.


**edit** Man I do love that ignore button....

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Originally Posted by D24Hoop

By qualifying for the champions league?

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seriously what the hell would rovers know about the Champions League ? you dont gain entry by winning the 1st division.:rolleyes:

It seems to me that most of the Bohs fans on this forum care more about Rovers than their own club, all they do is get on and say how much better they are doing than their rivals, i think yous should really look after your own club rather than been fixated on beating Rovers

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Originally Posted by D24Hoop

Seems highly unlikely to me. How are they supposed to manage 5+ million of debt "until the market picks up"? Have you looked at the income on the balance sheet? It will probably be 5-10 years before they can even hope to firesale themselves into homelessness.

It makes rescuing the Irish economy look like a 7 year olds maths homework.

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7 year olds maths homework ? obviously way, way above the average rovers fan so

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Originally Posted by marinobohs

7 year olds maths homework ? obviously way, way above the average rovers fan so

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Give it a f**king rest man. You come across as a child in all your posts so far.

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Originally Posted by PartySaint

It seems to me that most of the Bohs fans on this forum care more about Rovers than their own club, all they do is get on and say how much better they are doing than their rivals, i think yous should really look after your own club rather than been fixated on beating Rovers

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Nail on head and the kind of attitude that has gotten them into this mess in the first place.

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Originally Posted by PartySaint

It seems to me that most of the Bohs fans on this forum care more about Rovers than their own club, all they do is get on and say how much better they are doing than their rivals, i think yous should really look after your own club rather than been fixated on beating Rovers

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So, a pats fan (I presume) commenting on a thread about Bohs accounts (started by another pats fan) thinks bohs fans should concentrate on their own club ? really ?

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Originally Posted by marinobohs

So, a pats fan (I presume) commenting on a thread about Bohs accounts (started by another pats fan) thinks bohs fans should concentrate on their own club ? really ?

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Yes!!!

Early favourite for the Supergretna 2009 Award...

WE ARE INVINCIBLE!











ooops sorry, wrong messageboard...

:cool:As a die hard hoop for over 30 yrs i take no pleasure what so ever at the mess Bohs or any other club in Irish football find themselves in ,but unlike other clubs such as Rovers Shels Cobh Cork ect who suffered at the hands of bad financial management by privateers Bohs only have their own fans to blame.They have stood by and watched a small arrogant clique from their own ranks put their future on the line while laughing at the plight of other clubs, chickens home to roost.......oh and by the way they dont have the longest most illustrious history in Irish football that honour would belong to Shamrock Rovers according to the stats but history is nothing without a future and thankfully ours is so bright were all wearing shades:D

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Originally Posted by marinobohs

So, a pats fan (I presume) commenting on a thread about Bohs accounts (started by another pats fan) thinks bohs fans should concentrate on their own club ? really ?

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But thats we becaue we compare ourselves to everyone

Unlike most Bohs fans. I've said it before most bohs fans I've met are happier beating rovers than winning leagues.

It seems to me that your whole "defence" on this situation is to say you're better than Rovers, who rent a ground and had their debt wiped

Even on the thread on the Bohs forum at least half the posts on this subject (the leak) are about Rovers

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Originally Posted by Dodge

But thats we becaue we compare ourselves to everyone

Unlike most Bohs fans. I've said it before most bohs fans I've met are happier beating rovers than winning leagues.

It seems to me that your whole "defence" on this situation is to say you're better than Rovers, who rent a ground and had their debt wiped

Even on the thread on the Bohs forum at least half the posts on this subject (the leak) are about Rovers

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Come on.
You know none of that is actually true.

The beauty of renting a ground is that you cant sell it twice let alone sell it to two carpet baggers at the same time,who owns Dalymount now ?can Bohs even afford the court proceedings to find out?Real Madrid rent a ground as do most seria A clubs.The fixation Irish people have with property ownership has not served the nation well let alone football.

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Originally Posted by Dodge

It seems to me that your whole "defence" on this situation is to say you're better than Rovers, who rent a ground and had their debt wiped

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come on now Dodge. We dont have a defence on this. It is up to the members to oust the current board incumbents and plot a way for this club to survive and become sustainable.

Most of the posts, from one poster MarinoBohs, are simply highlighting that it is a bit hypocritical of other clubs fans (clubs that have actually found themselves in probably worse positions than Bohs are in now) to lord it over the rest of us, be they Rovers, Derry, Drogs, Cork anyone.

I'll take a ribbing on the situation as far as it goes but dont expect me to get overly concerned with "defending" my club to the posters who are revelling in the matter in cyberspace. Especially when these same posters support clubs that have found themselves in worse places than we currently occupy.

Unlike "the others", we have continued to pay our players, we continue to pay our bills. We are in trouble, granted, but I believe we can turn the ship around slowly but surely.

But please dont expect the majority of us foot.ie posters to get too worked up over the schadenfreude of a few Rovers fans.

I definitely feel the FAI (also the government indirectly) want a 2 stadium north/south situation in Dublin.

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Originally Posted by D24Hoop

You owe about 5-6 million euro, have no ability to service the debt and selling your only asset, Dalymount Park (which should be an anathema to Bohs fans, instead you constantly hear "sure well sell our ground (!)") is nigh on impossible.

You owe nearly ten times what Drogheda did. Ten times.

Can you outline a plan you could use to survive this?

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Like it makes a blind f*ckin bit of difference, if i could, what use would this be of to you?

I'll say it again "please dont expect the majority of us foot.ie posters to get too worked up over the schadenfreude of a few Rovers fans".

Now run off to your forum and tell everyone how deluded the Bohs fans are which seems to be the way these things work around here.

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Originally Posted by D24Hoop

You owe about 5-6 million euro, have no ability to service the debt and selling your only asset, Dalymount Park (which should be an anathema to Bohs fans, instead you constantly hear "sure well sell our ground (!)") is nigh on impossible.

You owe nearly 8 times what Drogheda did.

Can you outline a plan you could use to survive this?

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OK as this is becoming tedious for all. To end matters I will make the following proposal at the Bohs AGM "given the expert analysis of D24 Hoop & Assos accountants Ltd this club should wind up, give away the worthless ground and seek a rental agreement with South Dublin County council"

thanks for all your assistance is resolving our problems (and there was me thinking it was only taxi drivers who had all the answers).

NEXT ITEM - save the economy the shams way :)

They dont have a ground to sell they have sold it twice already and the guy who promised to build them a home in meath is waiting for his turn in court as soon as the original carpet bagger gets his day in court as for the were still paying bills and players thing thats with a 4million loan against the carpark from the zurich bank for christ sake.you should hang that board from your floodlights actually im not sure they are your floodlights anymore i really do hope there are at least a few bohs fans left with their heads above the sand.

if bohs go tits up they could end up ground sharing with rovers.. now wouldnt that be lovely..

to the people who claim we have "sold our ground twice", do you actually comprehend what has happened because your quite far off the facts on that one. I would suggest looking into it properly before posting your ill informed rants.

as an aside, i hope we do hang the board from the floodlights for the mistakes they made and continue to make in the running of our club. With the demographic of our membership, all i can do is hope that they now see what our board have done.

Hey marinobohs we have run the economy the bohs way for long enough ,living beyond our means borrowing up to our necks and leaving a minority of muppetts to gamble away our nations future on the property market and thanks to you im actually starting to enjoy this

Skstu you are facing court proceedings with two property developers from whome you have recieved payment regarding the sale or part sale of the ground are you not?

im not going to educate you on it RH. Im not the one trying to post about it all the time. Change some of the words in your above statement and the position of other words and you'll be nearer the mark.

If you want me to educate you then just admit that you are not really sure of what youre talking about and ask me.

When you agreed sale of ground with o carrol you neglected to inform him that you already had recieved payment regarding sale of part of your ground to albion proprties this was upheld by high court decision which you appealed in order to offset paying costs ,you will lose your appeal at further great cost and then mr o carrol will have his day in court he will say his deal with you is fraudulent because you lied and you will have more costs to pay aswell as refunding him all money recieved in good fate,if thats not selling your ground twice what is.....not me who needs educating mate:)

"sale of part of the ground"

a very important word you left out of your earlier posts. Makes a big difference to the statement "selling your ground twice". Also makes a difference to our likelihood of negotiating a way through this and maybe also diminishing Carroll's likelihood to chase us for the money he has paid. Im not denying the severity of the situation just pointing out that it is not as straightforward as you initially represented.

Secondly, we have already faced one property developer in the courts, a decision our current board have decided to appeal (i know :rolleyes: ). We dont currently face 2 property deveopers in Court. I'd argue that we just face a day in the Supreme Court, if that appeal ever goes ahead.

Anyway, glad your mates over on ultras forum were able to help you out. :p

Sure even if Bohs lose the Supreme Court you can always delay the inevetable a bit more and try to bring it to the European courts. Sure in the couple of years that'll take Bohs are bound to have reached the quarter finals of the Champions League and then sure they can pay it easily. No problemo.

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Originally Posted by Jicked

Sure even if Bohs lose the Supreme Court you can always delay the inevetable a bit more and try to bring it to the European courts. Sure in the couple of years that'll take Bohs are bound to have reached the quarter finals of the Champions League and then sure they can pay it easily. No problemo.

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this is the mind-numbingly boring sh1t i was referring to in my earlier posts. I dont mind having a debate or taking a ribbing or whatever but you do your arguments no favours posting this. Its not funny, its not original.

Did you come a little bit in your pants after you hit reply there, Jicked?

Nope, but I've had a nice little smirk to myself as I read comments from Bohs fans throughout the thread :)

We can all learn from the srfc ultras stu ,that appeal is madness tho and cant be part of solution for yous ,maintaining your current squad is also madness a big bullet has to be bitten over there if your to have any hope of surviving,a return to part time is a must unfortunitly i wish yous well fighting for survival

So these accounts have been an elaborate April Fools joke? :confused:

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Originally Posted by SkStu

"sale of part of the ground"

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Though isn't it the key part, given that it's required for accessing the rest of the ground ?

just in from work,two bohs in my job one a member and the leval of ignorence about whats really going on is unbelievable,i feel sorry for that club its ****ed, a quick scan of the threads on bohs plight on bohs.com is a hoot, no one at that club lives in the real world.

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Originally Posted by dcfcsteve

Though isn't it the key part, given that it's required for accessing the rest of the ground ?

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More importantly it's the key part of conflict... O'Carrolls had contracted to purchase all of the ground and funded Bohs with a few million on the basis that even if they couldn't get planning permission to re-develop the land they could keep that money.Secondly in the event that O'Carrolls did get PP then O'Carrolls were legally bound to pay approx €48million (inclusive of costs of building them a new stadium) to Bohs.

Albion lthen odged and were sucessful in court with their claim that they had an option to purchase one part of the ground. Bohs are now in the process of appealing that decision to the High court.... so if Bohs fail then (1) they incur more huge legal costs (2) O'Carrolls will be entitled to (a) claim back the few million plus interest that they have already advanced to Bohs (and Bohs have spent) and (b) sue Bohs for damages on account of Bohs having knowingly and falsely entered into a contract with them..... (3) If Bohs do win (and the weight of legal opinion says they won't) then they'll be grand.

So why wouldn't Bohs just make Albion an offer of say twice what was agreed on the bit they bought since the O'Carroll deal is worth so much more to them?

Seems the only safe course of action. It'll load them with more debt, but it'll guarantee the O'Carroll has no easy get out.

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Originally Posted by RoversHead

just in from work,two bohs in my job one a member and the leval of ignorence about whats really going on is unbelievable,i feel sorry for that club its ****ed, a quick scan of the threads on bohs plight on bohs.com is a hoot, no one at that club lives in the real world.

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Alot of Bohs fans seem to have relocated to here alright

http://www.davehancock.eu/pictures/p...mperogusty.jpg

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Originally Posted by RoversHead

We can all learn from the srfc ultras stu ,that appeal is madness tho and cant be part of solution for yous ,maintaining your current squad is also madness a big bullet has to be bitten over there if your to have any hope of surviving,a return to part time is a must unfortunitly i wish yous well fighting for survival

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what exactly can we learn from the always-ultras ? how to go broke ? get relegated ? misuse govt grants ? look "forward" to part time football in yet another rented ground ?
So much to learn :rolleyes:

All this talk of changing people at the top of Bohs, does that include Gerry Cuffe ? could this also not have an impact on Bohs lending relationship with Zurich Bank considering he is the senior property lender in there and lead Zurich Bank to review its overdraft facility to Bohs.

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Originally Posted by ltfc_2004

All this talk of changing people at the top of Bohs, does that include Gerry Cuffe ? could this also not have an impact on Bohs lending relationship with Zurich Bank considering he is the senior property lender in there and lead Zurich Bank to review its overdraft facility to Bohs.

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Gerry Cuffe has already announced his intention to step down at the fortcoming AGM so it is unlikely that he will be part of the board going forward (although he could seek election to any post on the Board in the same way as any other qualified member). Bohs lending relationship with Zurich bank is presumably (by Irish banking standards) a professional one and therefore should not be dependent on any individual.