A pity they couldn't keep the pitch. Was that purely for long term cost savings or are Cobh planning to rent it out locally?Quote:
Originally Posted by nr637
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A pity they couldn't keep the pitch. Was that purely for long term cost savings or are Cobh planning to rent it out locally?Quote:
Originally Posted by nr637
It was a bog in fairnessQuote:
Originally Posted by Elfman
FC32 is a global multi-club ownership group of operators dedicated to developing player talent and unlocking potential across its portfolio. Founded by seasoned sports executives, FC32 focuses on building robust talent pathways and fostering both men’s and women’s football programs. With a vision for long-term impact, FC32 aims to cultivate high-performance environments within its clubs worldwide, prioritising community engagement and sustainable growth. The US-based FC32 recently took over Austrian outfit SKN St Pölten while they also have a stake in Swiss second-tier club AC Bellinzona and Serie A side US Salernitana.Quote:
Originally Posted by Martinho II
https://www.independent.ie/sport/soc...119107418.html
I Googled it for you m8! :)
Where are all the dire warnings about an American sports investment fund?
What kind of crowds would be realistic for Cobh expect for a Premier Division season out of curiosity? There are very few clubs left now that don't have some kind of outside backing. As in they were taken over or investors came in.
If they don't fork out to maintain the new astro pitch properly it'll be a car park, which is no better.Quote:
Originally Posted by Shearer
Cost saving, club were paying a small fortune in rental of pitches for training and academy games. Don't know the figure but it was around 50k a year to rent pitches for training etc.Quote:
Originally Posted by Elfman
The pitch was down before FC 32 came in.
I reckon Cobh can attract a regular hard core of 1,500 in the Premier. If they could maintain their position in the league the aim would be to increase this to 2,000+Quote:
Originally Posted by Longfordian
Ah OK, thanks. Definitely understandable so but a pity FC32 didn't get in before the new pitch as they appear to have the funds that could have kept the grass surface. Hopefully they keep the new one up to scratch!Quote:
Originally Posted by Comic Book Guy
They've pulled out of St Polten, but the club have reassured supporters:Quote:
Originally Posted by Elfman
https://www.irishexaminer.com/sport/...-41606905.html
Not a great development. You'd worry about their finances now, regardless of their relationship with the Austrian club. Hopefully they can get through the season. With hindsight, looks like the purchase by FC32 wouldn't have made a difference to the grass pitch!
Are Cobh fans and business people organised to step in at short notice ust in case? It does deserve a thread of its own!
But can I just say I knew it, I told ye so, it was always going to be a disaster, Im great for calling it first, their new investment was never a worry to the rest of the league hopefuls Arkaga Arkaga Arkaga....
https://cobhramblers.ie/club-stateme...ership-update/
Cobh fully parted ways with FC32 ,seems they just dropped them completely funding wise and was left to the original people there to keep it going, they’re also about to announce new investors who’ve seen to have been involved in recent months already….
Hopefully they don’t get stung and miss out on the new investment. Lot of lads there on good money by FD standards this yearQuote:
Originally Posted by joey B
Gonna have my moan here, watching this for so long and the same thing happening over and over again. So Cobh get new owners/investors and with this new set up agreed to increase the clubs budget far above what the club can generate. Now, what are the new owners/inestors doing, are they giving the club money, ie sponsorship....of course not, they are investing, in other words lending money to the club to increase expenditure with money that they want back, in some cases money they have borrowed. Roll forward and they want out, but club is left with nearly a full time set up and assoicated costs. Drives me nuts.
From what I have heard from some insiders the Club is very confident of the new investors, they have had to wait to take over once all the legal stuff was completed with FC32 Global Investments Limited.
The Manager Michael McDermott had already confirmed this in a recent interview. I now expect a further statement from the club to announce this new investment.
Surprising Roy Keane doesn't get involved - he's been at a few LoI matches this season (albeit up the road), and any personal contribution would be significant by the standards of the League?
Didn't Stephen Ireland build an astro for all the Cobh clubs to share?Quote:
Originally Posted by Comic Book Guy
A Floridian venture fund, it seems.
https://tenor.com/view/father-ted-do...85714619725141See how right I was, so right retrospectively Iv injured myself patting myself on the back!Quote:
Originally Posted by joey B
American investors???? Booooooo, doomed to fail, beware, I know how Americans work, rubbish, down with this sort of thing........Quote:
Originally Posted by culloty82