Bohs in financial trouble - FAI Licencing called into question again?

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15/01/2011, 11:43 AM
The Lep

Quote:

Originally Posted by SkStu

i never said he wasnt. Ever.

You said that he was absolute gash when he played.
15/01/2011, 12:40 PM
Ezeikial

Quote:

Originally Posted by SkStu

I dont think its the gun to the head that youre describing, Ezekial. I see it as practical. Why release funds to pay for services that you dont and wont require if you dont get a PD license? If we dont get a license, only any arrears are paid, none of the pre-funded players are re-signed, we go amateur and play Cobh for a few years.

What do you mean? Surely going amateur and/or playing First Division / A Championship simply means that while there is no need to sign new professional player contracts,the obligation of arrears on wages to date plus settlements on early termination of current contracts still stand.

Quote:

Originally Posted by SkStu

Also, reaching a settlement isnt dependent on the license. Payment might be. In fact, a license is dependent on, amongst other things, a settlement (in our case). Again, im speculating. Im not a member.

That is the 'gun to the head' I referred to. No license = no payment to players

Quote:

Originally Posted by SkStu

If it is the way you are describing then i also have no problem with Bohs taking that approach if it is within the rules. If that is the strategy and it backfires and they reject our application out of hand then we go amateur.

A very risky strategy!

A key issue is if Bohs are currently in breach of licencing requirements by non-payment of players (all players paid up to Nov 30?). If they are in breach then the ILC should not consider the application (i.e. "if you grant me the license, we will then meet the pre-conditions") - but then we all know the rules are applied selectively.
15/01/2011, 2:40 PM
osarusan

Quote:

Originally Posted by horton

Just realised osarusan is banned. Pointless in me replying then.

Osarusan strikes again.

Quote:

Originally Posted by horton

No offence to SkStu but I'm guessing he doesn't have access to Bohs account info therefore how would he know what cash is available? If the club had the funds to pay off, they wouldn't be facing the high court would they?

Maybe he doesn't, I'm just asking.
15/01/2011, 5:52 PM
SkStu

Osarusan/horton - no, i dont know what cash is available. Im presuming that we would have access to funds to pay arrears. Some of the funds that would be returned to the lenders could be redirected back to the club for that purpose and without conditions attached. That would be one simple way i can think of.

Ezekial - if we changed our status to amateur then the players are no longer required so we can make them redundant or lay them off with zero or minimal compensation (max 4 weeks wages). So the obligation to settle wouldnt stand in that circumstance. Obligation to pay arrears would, i believe (though not with legal certainty), still stand. Sorry if that wasnt clear in my original post. To make it clear, that is an option that has been touted on our mb not something the club wants to do necessarily. The club wants to stay in the League and is negotiating in good faith to compensate the players as well as they can within the mandate they have. Risky strategy? Probably/possibly. But it is up to the FAI to determine that. They dont seem to have any problems walking clubs in trouble through the licensing process so who knows whether they are okay with this. Dont mean to come across as arrogant in any way but i dont think they want Bohs to capitulate and, as such, are likely very well aware of the situation and strategy.

On another note, reinsate Osarusan. :)
15/01/2011, 5:54 PM
SkStu

Quote:

Originally Posted by The Lep

You said that he was absolute gash when he played.

but isnt that a very different thing from saying that he shouldnt be paid?

Talk about a lep in logic! ;)
15/01/2011, 6:19 PM
Lim till i die

If somebody else mentions licensing I'll scream.

The licensing process is as meaningless as, well, as a contract with Bohs.
15/01/2011, 8:23 PM
The Lep

Quote:

Originally Posted by SkStu

but isnt that a very different thing from saying that he shouldnt be paid?

Talk about a lep in logic! ;)

You have your wires crossed again stu :)
15/01/2011, 8:27 PM
SkStu

Quote:

Originally Posted by The Lep

Regardless of how good he was, he is still entitled to be paid .

Quote:

Originally Posted by SkStu

i never said he wasnt. Ever.

Quote:

Originally Posted by The Lep

You said that he was absolute gash when he played.

Quote:

Originally Posted by SkStu

but isnt that a very different thing from saying that he shouldnt be paid?

Quote:

Originally Posted by The Lep

You have your wires crossed again stu :)

how??
15/01/2011, 8:31 PM
The Lep

Quote:

Originally Posted by SkStu

how??

You said that you didnt say he was gash :)
15/01/2011, 8:34 PM
SkStu

where?
15/01/2011, 8:35 PM
The Lep

Tullamore :)
15/01/2011, 9:15 PM
SwanVsDalton

Quote:

Originally Posted by The Lep

Tullamore :)

Just me or is the thread taking a Twin Peaks-esque surreal twist?
16/01/2011, 10:04 AM
micls

Quote:

Originally Posted by Ezeikial

If these two conditions must both be met for these funds to be used, then it appears that the granting of the PD licence must be assured or granted concurrent with players being paid off.

If Bohs are actually taking that line with the FAI / ILC and are making PD licence a requirement for honouring/settling contracts, then the licence application should be rejected out of hand

The players will have to sign off on it. If they do then that particular licencing aspect and the FAi can't really complain about it.

Bohs will blackmail the players. Accept this deal and sign here before the deadline or we won't get a premier licence and we'll make ye redundant, getting very little.

It's a game of chicken.
16/01/2011, 11:05 AM
Spudulika

Quote:

Originally Posted by micls

The players will have to sign off on it. If they do then that particular licencing aspect and the FAi can't really complain about it.

Bohs will blackmail the players. Accept this deal and sign here before the deadline or we won't get a premier licence and we'll make ye redundant, getting very little.

It's a game of chicken.

It's Cork all over again. And how many clubs before it. I'm getting tired of LOI brinkmanship.
16/01/2011, 11:12 AM
D.24saint

Quote:

It's Cork all over again. And how many clubs before it. I'm getting tired of LOI brinkmanship.

It sadly is in the tapestry of the league every year there is some club on the brink,not paying taxes,not paying players,dual contracts its sad as it just makes a mockery out of us all for following the league and it gives the hacks back page doom and gloom story's that they relish.The sooner the better this bohs story goes away and we can get onto discussing football matters and not company management for the insane.
16/01/2011, 12:09 PM
Spudulika

This morning I'd coffee with a friend who works for an ice hockey club (marketing) and he asked me about the LOI. Since we met, 2 years ago, he's become interested in Irish football (he went over for the international match) and it's fed into his love of all things Irish. He watches MNS almost weekly and he follows, well, I won't mention who he follows as it's a bit shameful. Anyway, he asked why each year since he started following (2 years) the LOI some club has gone or been on the brink. He told me how they've borrowed the NHL model for clubs in the KHL and how they've been very strict on finance and administration. Yet we see again a scramble for genuine fans of the club to rescue it, as happened in Drogheda and Dundalk before, and yet it will all boil down to somebody not being paid and another stain on the league and domestic football. I cannot solely blame the FAI, as club administrators are weak at the best of times, but there has to be a change!
16/01/2011, 12:42 PM
dong

Super
16/01/2011, 1:10 PM
Dodge

With all these contacts you have and meetings you have about the league, I'm starting to think you're the sole reason its in the state it is Spud.

Maybe take a step back and see if it improves?
16/01/2011, 3:12 PM
SkStu

Quote:

Originally Posted by micls

The players will have to sign off on it. If they do then that particular licencing aspect and the FAi can't really complain about it.

Bohs will blackmail the players. Accept this deal and sign here before the deadline or we won't get a premier licence and we'll make ye redundant, getting very little.

It's a game of chicken.

spot on micls but there is another angle to it.

The players are playing a game too. A lot of them have deals done with clubs to join and play with for next season. They are holding on and holding on waiting for the Bohs pay-off and will officially sign for their other clubs as soon as they get it. Which is their right however morally questionable. As we also have the right to play chicken however morally questionable.
16/01/2011, 3:18 PM
SkStu

Quote:

Originally Posted by D.24saint

It sadly is in the tapestry of the league every year there is some club on the brink,not paying taxes,not paying players,dual contracts its sad as it just makes a mockery out of us all for following the league and it gives the hacks back page doom and gloom story's that they relish.The sooner the better this bohs story goes away and we can get onto discussing football matters and not company management for the insane.

i agree. And regret that Bohs are involved this time round. The sad thing is it appears there is still more lunacy to come due to other clubs. We're just the latest.

Quote:

Originally Posted by Spudulika

This morning I'd coffee with a friend who works for an ice hockey club (marketing) and he asked me about the LOI. Since we met, 2 years ago, he's become interested in Irish football (he went over for the international match) and it's fed into his love of all things Irish. He watches MNS almost weekly and he follows, well, I won't mention who he follows as it's a bit shameful. Anyway, he asked why each year since he started following (2 years) the LOI some club has gone or been on the brink. He told me how they've borrowed the NHL model for clubs in the KHL and how they've been very strict on finance and administration. Yet we see again a scramble for genuine fans of the club to rescue it, as happened in Drogheda and Dundalk before, and yet it will all boil down to somebody not being paid and another stain on the league and domestic football. I cannot solely blame the FAI, as club administrators are weak at the best of times, but there has to be a change!

i hope you told them about the clubs that folded in Scotland, England and numerous other clubs in leagues around Europe. And the dozens of other clubs that are in major financial trouble across Europe. People need to stop apologising for the League. It has its problems for sure but so does every other league in Europe. I also hope you pointed out the massive differences between organised sport in North America and football in Ireland and Europe.

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