Can someone explain to me what I'm missing here. Why would Coughlan want to close the club down rather than hand it over to anybody at this stage. What's in it for him either way?
Can someone explain to me what I'm missing here. Why would Coughlan want to close the club down rather than hand it over to anybody at this stage. What's in it for him either way?
What a complete wan*er.Surely the important social and community aspect of the club can be used to get a judge to make him hand over control.He's not allowed to control a company for 5 years anyway(after tomorrow) so would leaving a couple of days early make much difference.
Seen a report on SkySports News last night about Livingston fans giving their Chairman abuse when he was making his way into the stadium.They are out of business today i think if that guy doesnt sell and they were letting him know how they felt.
I CANNOT believe Coughlan though,he will be publicly hanged for this if he's spotted in Cork anytime.:mad::mad:
Shows how desperate FORAS are to go on board with Drew as his reputation preceeds him.
I'd take a few bob off Osama Bin Laden at this stage to save the club.Quote:
Originally Posted by eamo1
I'd do the same for Galway Utd too actually.
I don't know if Danny Drew wouldnt be exactly the same as Coughlan in a short while. He was offering to put 900k into LTFC one time a few years ago, they were stuck for cash and asked him to cover a week's wages as an initial gesture of goodwill, he agreed but then didn't come up with any money. No more was heard from him then.
In addition to his eventful tenure as Limerick charman/manager/security guy/PR mastermind Drew has also been linked with Cork, Kildare, Kilkenny and now apparently Longford too. Anyone else?
forgive my ignorance but what is so bad about Danny Drew.
got to be better than Couglan at this point?
FORAS should stay on their own and pick up the pieces on monday, dont let Drew near your club!!!!
I know he helped them out by bringing Ipswich over but could Cork's beloved Roy not dip into his large pockets and contribute some money to FORAS??Or im sure he's not the only Millionaire around there,im sure some have been approached.
Time is running out for someone to pull 300k out of their ass.I REALLY hope Cork pull through.
You're joking right?Quote:
Originally Posted by jinxy lilywhite
Apart from Danny coming in to give half time team talks which amounted to him bollocking out the players for only drawing at that minute and threatening to not pay their wages unless they win he also did things like withhold the Limerick FC name after the FAI (unfairly, but thats another matter) got rid of him and our club as well.
Oh and he once went around the ground looking for me personal ('Who's this Jebus character?') to throw me out of Hogan Park and bar me from home games. Why? Because I didn't agree with his methods as our chairman and said so on this very site (he was signed up here for a while, pretending not to be Danny Drew even though we all knew who he was). I wasn't alone in having that happen to me either.
Cork should let the club fold, start up again with FORAS next year and move up from the A Championship over time. With Drew you'd be postponing this charade until next year when it all goes tits up again
For some reason, I find that hilarious! I have a mental image of a Bull McCabe type figure roaring around Hogan Park smacking a blackthorn stick off his hand roaring for Jebus to come down and face him like a man!! :DQuote:
Originally Posted by jebus
:D:DQuote:
Originally Posted by bigmac
It's a measure of the man as a chairman though that he'd do something like that
FORAS Be Warned
Is "Ireland" a country......?Quote:
Originally Posted by White Horse
Bloody Free-State partitionists....;)
As you know, Belfast Celtic's demise had nothing to do with a lack of support. Quite the contrary - they were a very viable club when they withdrew (as were Derry City before being forced to play out of Coleraine, despite the Troubles).Quote:
Originally Posted by EalingGreen
Amen to that.Quote:
Originally Posted by tallaghtfornia
The club doesn't die with the legal company if you have the will to start again.
It sounds like some Cork fans will do anything to avoid taking their medicine.
Short-sighted IMO.
You're dead right. Whatever happens on Friday there will be a CCFC Saturday next month, next year.Quote:
Originally Posted by OneRedArmy
We don't sing Cork City Investments FC Limited til we die.
But this comment is ill-informed and unfair.Quote:
Originally Posted by OneRedArmy
We are doing everything possible to save the company before tomorrow because there are over 40 jobs on the line, these are our friends, our heros, and while it would be much easier to leave it off and pick up the pieces, if there's anyway we can stop this, and have a bit more time to sort it out properly then we're going to go for it.
It would be easy for FORAS to say screw it, wind up the company the debts etc, but we want to show support for these staff, to the creditors who've already been screwed over last year, to the people who hav stuck by us through thick and thin, including the players.
There's more to this than 'not wanting to take our medicine'. In fact it's a lot harsher medicine for us to try to repay all that's owed, and probably end up in the first division anyway. It's very far from short-sighted, we know exactly what we're letting ourselves in for.
We'll do whatever we can to try to save the company for the next 24 hours, then we can look at ways to ensure this stops once and for all.
If it doesnt come off, then Saturday is time enough to start the process of getting the club back on it's feet.
It sounds like Coughlan isnt willing to accept any help though, so what can you do?. I don't mean that to sound like ye should give up, I was just curious as to what steps you can take to save the current entity without his cooperation?.
Without his co-operation, none.Quote:
Originally Posted by Longfordian
But we can't give up on hounding him about that til the last minute either.
True of course. He may show some decency for once.
How would Foras be able to pay off the debts if Coughlan does give/sell the club to them? Is the idea that Danny Drew and his mates would pay them? If so, are you not just getting into the same situation again?
No.Quote:
Originally Posted by Schumi
We had worked out a possible way to pay it. I stress possible as it was based on our figures and it would have meant looking at the books beforehand to see if we were missing any liabilities.
It certainly wouldn't have been easy but we felt there was a possibility that it was doable.
The club have just announced a friendly with Celtic http://corkcityfc.ie/main.php?action...eadlineID=1049
So that's the masterplan going into the High Court this morning.Quote:
Originally Posted by micls
I can't see the friendly influencing things too much in terms of the Revenue's attitude, it's such a variable in terms of who they send over which in turn would affect the crowd etc and the Revenue don't like variables as you all well know.
It seems so.Quote:
Originally Posted by tiktok
Offer them a percentage plus the friendly?
Celtic charge a fair amount as well so not sure how much money in total that would bring into the club
What time is the court case/decision made tomorrow?
We are 11 in a list of 20 that starts at 10.30 apparently.Hard to judge how long any of the other will take though.Quote:
Originally Posted by sligoman
Some saying we should be about 11.30
It'll be bad for the league longterm if City get out of this tomorrow. The problems clearly aren't solved, and its just a matter of doing enough to get them out of the **** temporarily.
Any chance it won't be heard tomorrow if the 10 cases ahead of it take a long time to go through and the Court finishes fot the day before the case can be heard? Long shot I know but if that did happen persume the next earliest date would be Tuesday with Monday being a BH. Would give you a few extra days to raise additional money.Quote:
Originally Posted by micls
thats all and good announcing a friendly with celtic but what happens if city go bust tomorrow?Quote:
Originally Posted by micls
just tell celtic to take a short 75 mile trip to waterford and we will give them a game :cool:Quote:
Originally Posted by Martinho II
Word has it on 96fm that the FAI have intervened in some way.
Looking more like Cork are going to pull this one out of the fire with Quintas coming in to help with a deal with the revenue.
Bad move if they have.Quote:
Originally Posted by Umberside
Sets a precedent for them bailing us, Galway, Bohs and whoever else is close to the buffers out
Cork City are probably saying to the FAI you looked after Drogheda United big time, why aren't you doing the same for us!! And they'd have a point.Quote:
Originally Posted by jebus
Who's Quintas?Quote:
Originally Posted by Mr_Parker
They might not have intervened as such, just facilitated a meeting of the two parties like with yereselves and Jack (which was a good thing that I was glad to see them do by the way!).Quote:
Originally Posted by jebus
Hope this works out anyway, even if only to buy a little more time.
Quintas are some kind of financial management group, based in Cork Brian. Website here. I found it on that internet thingy. :p
Don't like it one bit. It's only going to prolong the inevitable anyway. They muct be miles above 65% as well.
These guys - http://www.quintas.ie/Quote:
Originally Posted by brianw82
or these guys - http://www.quintaswealthmanagement.ie/
I think.
Wealth managment? what would they want with Cork?