Duly edited. Just think that the gist of my point MAY be being slightly overlooked...I'll try and get over it. It may take time.:cool:
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Duly edited. Just think that the gist of my point MAY be being slightly overlooked...I'll try and get over it. It may take time.:cool:
Nothing wrong with the gist of your post; I've been saying it for years.
Nobody in Cobh will be losing the run of themselves over this its the proper run clubs that may have questions that need answering from the top,as pointed out we were relegated with our first division team and further relegated for paying them premier wages-nobody to blame but the chairman....Surely the appointment of Paul Doolin was the final factor in any Cork fans evaluation of Tom the plank.
the differnece being ye had a deal with the taxman accepted, we didnt, even though we owed half of what ye owed,
i think it fair enough we were punnished, were getting on with it, we had our first game friday, gonna be a long journey back, its just we were punished when other clubs done the same thing, cork city obviously got a great deal off the taxman and still couldnt hold up to there end,
it did happen already, but cause ye went into examinership it just covered the bad job that was done at the club and that got ye to the start of the season,
personally if its a bad as its said to be, ye would be better off leaving the club die and re-enter as a new entity in next years A league, theres support there, why try to save a sinking ship,
1994?
1990
And I'm trying to stay out of this dramaqueen fest
Bit of a dramaqueen way of pointing it out, no? :p
No interest in Langer baiting, but there were plenty of people on here who were all to quick to condemn Waterford united for going public last year when we hit a financial wall and decided to do something about it, live within our means, get a tax clearance cert and premier licence those pesky little inconveniences of life.
Lots of tisk tisk posts on here with shouldn't be washing your dirty linen in public etc. ring any bells???
We may be a s$Łt first division club but we are getting our s$Łt together best of luck with the reality check.
Shocking news if true. However, why this is all being blamed on the FAI by so many on here is beyond me. I mean, the FAI can only set the guidlines and enforce standards and, from what I can see, they had no reason to believe this was going to happen. Clubs still have to take responsibility for themselves at the end of the day. Hopefully this doesn't turn out to be true. If it does, FORAS should put their money into starting up a Cork soccer club immediately in the highest League possible, even if it is the A League.
Are you for real? What do you think the licenceing system is?
I mean CCFC are obviously at fault for being idiots of the highest order, but the way that this insanity comes out only weeks into the season highlights the ineptitude of the FAI's ability to govern. FACT! (;))
I simply cannot understand how he would do this? He's a city councillor and will surely have to quit that if he's going to bust Cork City FC. Surely he will put the club up for sale rather than leave it go out of business.:confused::confused::confused::
8 pages and no facts.
Anyone able to post exactly what the situation is?
Did Coughlan:
1) Put money in to appease FAI and then withdraw it
2) Never actually put any money in
3) Something else entirely
Correct ,and the sooner the better we have yis back in the topflight .A one city club like yours if tied into the schoolboy and junior set up properly will work even on the tightest budget and will live forever as a result.I hope foras get the chance to do the same in Cork .
The examinership process may have dealt with the tax clearance - Cork would have come out of it with an agreement for repaying it.
I'm kind of loath to comment on a rumour, though it does seem plausible Cork are gone, but I find it surprising that the club were allowed out of examinership without a business plan capable of keeping them afloat for six months. Either they haven't kept to the plan they set out, or the examiner screwed up here. Aportioning blame is hard without seeing a lot of details here.
He was asked to show he had the money during the examinership. He probably isn't legally obliged to actually put any of it into the club, much like Arkaga before him. The FAI were asked why they didn't put such a requirement in place before. I memory serves, they replied that it would discourage investment.
ive since heard they came to an agreement with the tax, and made some sort of payment but have since renaged on there comittment, all roumour and speculation, (but there no way you can write off a tax bill, its impossible even with ownership change, you come to an extended payback deal and thats about it )
im most worried with that fact that the club hasnt released a statemnt to counter what is being said, doesnt look good,
from whats being said the club will be liquidated next week,
would be good to have an official statement, but id say coughlan is out foreign for the long weekend, wouldnt want to interrupt hes time off:o
Can I ask one simple question.? How can it be that a club operating in a city the size of Cork cannot be financially viable?
(I saw Albert Rovers and Evergreen United play and God knows how many manifestations sence then)
mismanagement.
Just a quick point in relation to Cobh, it's all well and good to argue about the way the Revenue dealt with them but they messed things up for themselves by not even submitting audited accounts, as per Padraig Smith on the blog. If it had just been a tax clearance cert that was outstanding I think they'd have got a First Division licence though strictly speaking they shouldn't have.
Every club can be financially viable. A club in Cork can be financially viable, they just wouldn't be as good a club as Cork are now. The problem is that if a club is living within its means but is being surpassed by other clubs (some of whom are not living within their means) it is pretty tempting to choose to spend extra money (that the club doesn't have) hoping they'll strike gold and get all the money back later.
And fans, members of the board, anybody involved, are often too pleased with the resulting short-term success to bother asking whether the club can really afford all that spending or not.
Its not even that IMO
Its just that some people think that clubs here are bigger than they actually are. They belive that there's vast amounts of fans out there willing to spend money to watch games if the right amount of success is there.
Bohs and Cork (and loads before them) are built on the idea that more fans (and money) would come further into the "project" (for want of a better word) if their teams are very sccessful
Its not something I agree with. There's a limited enough market for all clubs IMO
Over 150 posts and no one has blamed Sean Connor yet!
Ye are all getting too soft in the head
Presumably the same reason that Dublin clubs with similar, if not larger, catchment populations aren't financially viable, Limerick can't maintain a Premier Division club and Derry get into trouble once a decade. Having a ready access to a large population doesn't mean anything in this country.
As Dodge says, every new investor thinks they'll be the one to break the cycle of apathy towards domestic football.
actually we did submit audited accounts, they may have been late but we submitted them,
we didnt get a tax cert and were rightly relegated, if we had enough of a fan base the fans could have scrapped together a down payment, and the club agree a payback period, which is exactly what city done, and look where they are,
it really is one rule for one and another for the big clubs,
city are able to earn good money, by having the draw of premier football and they should have done what drogs done and cut cost way down, they had every advantage to get the club going but choose not to, why??, i would really love to know,
we had a nearly 66% drop (based on our average attendance the last 5 years) at our first home game friday night in the A league, thats massive, were looseing major money in sponsorship for the year, we are asking a lot of our youth section to help the club the club back on its legs, and i truely hope they are rewarded for there efforts, there making huge commitments for the club, im very envious and ****ed off that cork city couldnt get there act together, they have every advantage to do so,
I havent read through all the posts on this, but i think someone mentions further down that Coughlan had to lodge 500K in an account before the examiner could even put the offer forward to the high court. I dont think you can blame the examiner on this one, it think its solely on Coughlans side for dupping the courts with his promises. An examiner will not put any deal forward unless he is satisfied that the company/club will be safe in the future. It would be aganist the ethics of an accountant to even consider lying to q high court judge. Also this is the same examiner (firm) that saved Shams and Drogheda too. I would think their creditability couldnt be questioned.
Just look at the statements released by Fran Gavin at the time when Cork were clearly in the sh1t before the start of the season. They basically stated that Cork could have more debt than the continent of Africa and that the FAI still wanted them in Europe. It's not hearsay.
He also advertised the CPO post, 30 answered, 5 interviewed and his brother got the job. Rumour has it he makes the sandwiches for the team and watches them train in Bishopstown, they got rid of the volenteers that were with the club for years but harp on that they need volenteers to help keep costs down!