Petition to wind up: Cork City Investment FC Ltd

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14/05/2009, 4:13 PM
razor

Quote:

Originally Posted by pete

Doesn't include George O'Callaghan, Brian O'Callaghan, Noel Mooney & John O'Flynn who all left in the middle of last season.

Freudian slip? :D
14/05/2009, 4:15 PM
Ezeikial

Quote:

Originally Posted by pete

Quote:
Originally Posted by Ezeikial http://foot.ie/forums/images/buttons/viewpost.gif
Hard to argue with when you reflect on the signings :
Cork City
Manager: Paul Doolin
Ins
Davin O'Neill (Cobh Ramblers)
Dan Connor (Drogheda Utd)
Fahrudin Kuduzovic (Drogheda Utd)
Billy Dennehy (Derry City)
Stephen O�Donnell (Bohemians)
Shane Duggan (UCD)
Robert Mezeckis (FK Riga)
Guntars Silagailis (FK Riga)
Greg O'Halloran (Cobh Ramblers)

A bit selective.

Quote:
Outs
Darren Murphy (Stevenage Borough)
Gareth Cambridge (St Mary's)
Liam Kearney (Derry City)
Mick Devine (Waterford Utd)
Lawrie Dudfield (Chelmsford City)
Colin O'Brien (Retired)
Darragh Ryan (St Pat's Ath)
Sean Kelly (Galway Utd) *Loan*
Colm Carroll (Limerick FC)
Doesn't include George O'Callaghan, Brian O'Callaghan, Noel Mooney & John O'Flynn who all left in the middle of last season.

Doesn't include George O'Callaghan, Brian O'Callaghan, Noel Mooney & John O'Flynn who all left in the middle of last season.

Still selective - forgot about
Outs
Alan Matthews

Is there a legal action still pending?
14/05/2009, 4:27 PM
pete

Quote:

Originally Posted by razor

Freudian slip? :D

Clearly ;)
14/05/2009, 4:39 PM
A face

Quote:

Originally Posted by Ezeikial

Is there a legal action still pending?

Yes .... and .... so ..... we knew this already. Have you anything to add?
14/05/2009, 5:00 PM
sligoman

Quote:

Originally Posted by A face

Yes .... and .... so ..... we knew this already. Have you anything to add?

Bit touchy there A face...it was just a question.
14/05/2009, 5:46 PM
passerrby

Quote:

Originally Posted by sligoman

Bit touchy there A face...it was just a question.

think the thread should be changed to petition to wind up cork city supporters
14/05/2009, 6:03 PM
Dodge

Quote:

Originally Posted by pete

A bit selective.

Doesn't include George O'Callaghan, Brian O'Callaghan, Dave Mooney & John O'Flynn who all left in the middle of last season.

Still doens't read llike a club looking to massively cut costs
14/05/2009, 6:17 PM
Mr A

Not sure if it's been mentioned here but the Examiner mentions a figure in excess of 300k- http://www.examiner.ie/sport/cork-ci...ars-91754.html
14/05/2009, 11:59 PM
A face

Quote:

Originally Posted by Dodge

Still doens't read llike a club looking to massively cut costs

Its all in the detail though aint it. Contract A could be �5000 a week, while contract B, C and D could total to �500. Its how the figures add up is what matters, the numbers dont allow for selectiveness.
15/05/2009, 12:09 AM
Ezeikial

Quote:

Originally Posted by A face

Its all in the detail though aint it. Contract A could be �5000 a week, while contract B, C and D could total to �500. Its how the figures add up is what matters, the numbers dont allow for selectiveness.

Do you know the numbers?

Are you aware if the playing budget has been reduced from immediately pre-examinership?

What many posters have pointed out previously is that, at face value, there does not appear to have been sufficient "cutting the cloth to measure"
15/05/2009, 12:36 AM
Bald Student

Quote:

Originally Posted by A face

Its all in the detail though aint it. Contract A could be �5000 a week, while contract B, C and D could total to �500. Its how the figures add up is what matters, the numbers dont allow for selectiveness.

In this event the club should have not renewed contract A and also not signed contracts B, C or D. It's all explained in a recent financial documentary from America
15/05/2009, 7:01 AM
Buile Shuibhne

Mr McCarthy told the Irish Examiner last night that he had confirmed with the Revenue Commissioners that all liabilities have been incurred post-examinership – in other words after October 16 – the day Mr Coughlan’s takeover bid was approved by the High Court.

Mr McCarthy, who will be seeking an apology from the club, added that, as yet, no effort has been made to contact him in relation to the issue.

http://www.irishexaminer.com/sport/c...les-91840.html
15/05/2009, 8:21 AM
Dodge

Quote:

Originally Posted by A face

Its all in the detail though aint it. Contract A could be �5000 a week, while contract B, C and D could total to �500. Its how the figures add up is what matters, the numbers dont allow for selectiveness.

Obviously but people don't move country for 500pw contracts. And 2 of the players you signed would walk into any squad in the coutry, so they ain't cheap...
15/05/2009, 8:23 AM
Cosmo

Quote:

Originally Posted by Dodge

Obviously but people don't move country for 500pw contracts. And 2 of the players you signed would walk into any squad in the coutry, so they ain't cheap...

Sure didnt they outbid dundalk for 2 of them!!

Anyway, looks like theyve gone and p*ssed off the examiner anyway!!
15/05/2009, 8:24 AM
seand

Quote:

Originally Posted by Buile Shuibhne

Mr McCarthy told the Irish Examiner last night that he had confirmed with the Revenue Commissioners that all liabilities have been incurred post-examinership � in other words after October 16 � the day Mr Coughlan�s takeover bid was approved by the High Court.

Mr McCarthy, who will be seeking an apology from the club, added that, as yet, no effort has been made to contact him in relation to the issue.

http://www.irishexaminer.com/sport/c...les-91840.html

So are Cork City FC lying or are Revenue and the examiners lying?
15/05/2009, 8:31 AM
Mr A

It is pretty damn clear at this point that even if CCFC survive this that they need to get Coughlan out of there ASAP.
15/05/2009, 9:25 AM
jimhacker

Quote:

Originally Posted by Mr A

they need to get Coughlan out of there ASAP.

But there's the nub.

Who exactly are "they"?

At the moment "they" = Coughlan.
15/05/2009, 9:44 AM
pete

Quote:

Originally Posted by Dodge

Still doens't read llike a club looking to massively cut costs

I wouldn't disagree with you. I think a lot of City fans were plesantly surprised with the squad we had for this season even if a little small.

Builders who made their money in the boom may not be the most stable business people to run a football club.
15/05/2009, 9:45 AM
Mr A

True, but one would hope that FORAS could work towards a position of more influence on the club, be that through a new owner or whatever.
15/05/2009, 10:29 AM
micls

Quote:

Originally Posted by Mr A

True, but one would hope that FORAS could work towards a position of more influence on the club, be that through a new owner or whatever.

I agree but it takes time, fundraisers are constantly ongoing and were building up as much as we can but the simple fact is we are not in a position to take over the club now, we simply dont have the money.

On the influence part, we currently influence all activities bar the money. We chair the match night committee, schools and community committee, Ticket sales and promotions committee, media committee and the fundraising committee and have a huge influence over the day to day running of the club including cutting costs on a match night etc.

5 FORAS BOM members have an agreement to now sit on the club BOM and have a look at the books(hasn't actually happened yet though.

So imo we have as much influence as were going to get, but at the end of the day TC is the owner and its his money and there's nothing we can do to force him to act a certain way with it right now.

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