Originally Posted by
LukeO
You seem shocked? :confused: We've been through this all before with Shamrock Rovers and last season, with Cork City and Drogheda.
Going into examinership/administration lets clubs off the hook big time. I'm not trying to have a go by the way - I think Rovers' board have done a fantastic job so far and they should be applauded for that while the soundings from Drogheda this season seem positive too... the less said about Cork the better.
But examinership/administration is a very easy way out as it allows clubs to walk away from debts and responsibilities. The excesses at Bohs are known to everyone, but the difference is that because we have an asset in Dalymount, we don't have the luxury of just walking away from our responsibilities like the clubs above did. Every single penny we owe will have to be paid back.
Examinership/administration would seem to encourage recklessness. As someone else said in this thread, there's nothing to stop any club (who don't have a decent asset) from running up millions of debt while winning trophies, going bust and starting again with little or no punishment from the league. The only reason Derry have received such a severe punishment this time is because of the contracts issue. All Cork City and Drogheda got when they went down the examinership route was a miserly points deduction which, when you consider both clubs won a decent amount of silverware in the preceding years, to some it might seem a reasonable price to pay. It's a screwed up system IMO.