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Because you are a moderator your edits are not shown.Quote:
Originally Posted by pineapple stu
For clarity and transparancy is it possible to show where you have edited your posts.
Secondly, your last post shows you do not know much about the history of the League of Ireland.
You have made many points on this thread and have chosen to try to embarrass different individual posters. If you repeat any of the points you have already made I would consider that serious WUMing.
I do believe you have to accumilate to speculate as well. But there are calculated risks and there is gungho stupidity. And if a club is going towards the wall, then that is gung ho stupidy.
Linfield are making calculated risks by going partially full-time. We could go gung ho and employ 20 full-timers. But that would be stupid as there is no g'tee of success and we would need success in europe to be sustainable. At the moment our budget only allows for 7 or 8 full-timers. Until we increase our revenue streams it will have to stay like that.
I dont think Rovers are completely debt free so it looks like you will be playing with yourself Stu. Oh sorry i forgot thats nothing new.;)
A benefactor singular, is it? News to me.Quote:
Originally Posted by Patrick Dunne
There are indeed people giving money to the club, as with any club. It's more than one, and the various fundraising we do means that if any one of our money sources goes, we're still OK. People said we were a one-club man until that one man died. Likening us to Drogs/Pat's/Cork is nonsense.
I don't think this is true. See here. The post you quoted wasn't edited.Quote:
Originally Posted by HarpoJoyce
Hilarious... :rolleyes:Quote:
Originally Posted by gufct
It was, within about 30 seconds. Harpo's just being anal again.Quote:
Originally Posted by Schumi
Huh! At least I've got one and mine works.Quote:
Originally Posted by pineapple stu
Leaked footage of UCD's submission to the IAG:
Does it not show up at the bottom of the post then? Didn't know that.Quote:
Originally Posted by pineapple stu
How did Dublin City's go?Quote:
Originally Posted by Sheridan
You will finds plenty of City fans who were suspicious about Arkaga when they took over City. Certainly the confusion over ownership in the first 6 months put a lot of people off. Rumours of financial mismanagement seem now to be targeted towards former CEO.
I was very concerned that they could spend money & leave us with large debt. The FAI rules said clubs could not borrow money to make up their turnover which seemed to indicate that debt could not be left on the books. We don't own any assets (Shels borrowed against future assets) except for the players wages so many fans (myself included) that worst case scenario was that they would walk away & we would have to start from scratch with clean slate. TBH I did not think they would rack up such debt by no paying their bills.
To date it has been suggested we own money to junior club (5k), MFA (they won't evict us & wouldn't need money desperately), Hummel (100k suggested) & some other suppliers. I can't see how this would get anywhere near 800k. The figures of 75k a week wages are also way off the mark.
75k a week wages seems far too huge to be true. I would say 40-50k would be closer, but that is a guess.Quote:
Originally Posted by pete
Is the 75k figure for two weeks maybe? The players are paid fortnightly going on the statements about late wages. That's still a wage bill of €2m a year though.
Even assuming what seems like the best-case scenario of Arkaga paying the debts and disappearing, is there likely to be someone in a position to take over and pay the players for the rest of the year/next year?
We won. Suits me. But you know, fair play to the others. At least they tried.Quote:
Originally Posted by Sheridan
How long did Joe Gamble sign his new contract for?
I think wage bill of E2m is more likely. We do have probably 10 permanent non-football off the pitch staff though.Quote:
Originally Posted by Schumi
Property Developer Owen (you might remember me from the Mahon Tribunal) O'Callaghan name has popped up again as he was in negotiations last year. Before he started development on city centre shopping centre he gave us free premises for club shop on main street. From his comments I don;t think he is involved in the current discussions but may get involved later on.
Best case scenario is Arkaga leaving asap & someone else coming in asap.
UCDs major benefactor is the college, funded by the taxpayer.Quote:
Originally Posted by pineapple stu
Got it here from the archives at the FAI:Quote:
Originally Posted by Schumi
Nope.Quote:
Originally Posted by Patrick Dunne
(Or rather, yes, they're a benefactor, but not so major that we'd die without their money, which was your original point)
I think he's talking about running your club within your means thoughQuote:
Originally Posted by Patrick Dunne
There's that as well. There's lots of reasons he's wrong. People saying the "UCD model" means no debt are wrong as well. Everyone has debt; it's just a case of keeping it under control and spending only what you have.
It is relatively straighforward to run a club within its means - most of the First Division clubs seem to be able to do so.
Running a competitive Premier Division team which can compete against mid-ranking European sides is a different matter entirely.
Do you consider the bolded bit a necessity? Cos we can't afford it in the slightest.Quote:
Originally Posted by Patrick Dunne
Unless, of course, you Bulgarian or English opposition mid-ranking.
About 5/6 seconds or so. That's only a guess tho.Quote:
Originally Posted by pineapple stu
Heard they started teaching them Corkies how to write a few years ago and some of them are quite good at it now.
I'm sure the UCD lads would still be better at signing contracts tho with all that education they get:)
I believe the contract he signed is for seasons 2009/2010/2011.
Excellent use of hindsight vision there (if the outcome was guaranteed regardless of input, then nobody would take any risk).Quote:
Originally Posted by pineapple stu
Regardless of that blinding glimpse of the obvious, there was undoubtedly short-term reward for a number of clubs both financially and in terms of profile, attendence, kudos etc.
Granted, thus far there has been no long-term reward as yet but given you haven't experienced the short-term benefits, I don't think you are qualified to assess them. As an example, in 20 years time, do you think I'll be remembering beating IFK Goteborg away in the Ullevi or beating UCD in the League Cup on a grassy bank in Belfield?
The pitch was never that sloopy!Quote:
Originally Posted by OneRedArmy
You think wrong.Quote:
Originally Posted by gufct
I'm not sure, but there may be a debt of gratitude outstanding.Quote:
Originally Posted by fergalr
Boom dish! :pQuote:
Originally Posted by Demoshield
Asked for that.
Except it's not really hindsight; people have known that the CL Group stages, say (which would probably be needed to recoup the money lost), are light years away even from the money we're spending.Quote:
Originally Posted by OneRedArmy
Short term's worth nothing. The league needs to build long term. Where's the La Coruna crowd now? Short-term's largely irrelevant. You say "Granted, thus far there has been no long-term reward as yet" - I'd argue that that's not exactly a coincidence.Quote:
there was undoubtedly short-term reward for a number of clubs both financially and in terms of profile, attendence, kudos etc.
Let's ask the Shels fans, shall we?Quote:
As an example, in 20 years time, do you think I'll be remembering beating IFK Goteborg away in the Ullevi or beating UCD in the League Cup on a grassy bank in Belfield?
So you reckon your club is expendable if it gives you one glimpse of a dream which is completely unachievable under any sensible means? Fair enough; we'll have to differ there so.
20 years goes back before my time, but I know those at the club that long are quite happy that we stepped back from the brink after winning the Cup and losing 1-0 to Everton in a Shels/Cork/Pat's/Drogs/Bohs fashion.
Are UCD amateur? With crowds of 500 & no revenue outside gate receipts doesn't leave any money to pay players? :confused:
I presume the subsidy from the college is in the form of administrative & coaching staff?
As I said aboveQuote:
Originally Posted by pineapple stu
1) you haven't experienced the success so frankly, you're not in a good position to comment.
2) if it pushes the club over the edge then no its not worth it, if they survive to fight another day then its a different story
Shels is a good example. I bet their fans wouldn't trade in their League titles and European success for mediocre stability throughout the last 10 years. My beef with Shels is that they pushed it so far they were arguably trading insolvent when they won their last title (from Derry so I'm biased in that regard).
As Beckett said
"Ever tried. Ever failed. No matter. Try again. Fail again. Fail better."
Recently, in one of those competitions they have on TV3 where you have to answer a silly question in order to enter, you were asked to name the trophy for the Gah football championship: was it a) the Same Spud, b) the Sam Maguire or c) the Sam Beckett...... I was amused at the idea of a Sam Beckett trophy, but it would probably be appropriate for the LoI - not just in the light of the 'fail better' quote (which people tend to misinterpret as being an encouragement to 'try and try and try again' rather than daring you to embrace catastrophe), but more in a Waiting for Godot sort of a way, if Godot can be taken to mean 'the group stages of the champions league'.Quote:
Originally Posted by OneRedArmy
[Off Topic]Quote:
Originally Posted by pete
Some of the players would get a bit of money, others are amateur. The main subsidy from the college is a free ground and grounds staff. There's only one full time admin person in UCD soccer and the college pays a portion of his wage but he also spends a portion of his time running college competitions and training the inter varsity teams so there's nothing particularly unfair about that.
[/Off Topic]
Who is Sam Beckett, I was quoting ex-City legend Gary Beckett :DQuote:
Originally Posted by sonofstan
Who are the two central characters?Quote:
Originally Posted by sonofstan
Maybe, Bill Bagster and Damien Richardson.
then i shall revise my generous figure from 60 to 40 which still has nothing to do with the 52 act watching the matchQuote:
Originally Posted by passerrby
To be fair Sam Beckett would be quite appropriate, we're always waiting for somebody to make the next leap. A quantum leap if you will..
I would prefer kipling for his IF poem and as sponsor we might get some exceedingly good cakesQuote:
Originally Posted by Longfordian
What?? :eek: Where'd you get that idea from? :confused:Quote:
Originally Posted by pete
Ollie pushed the boat out big time in order to achieve success.Quote:
Originally Posted by OneRedArmy
Wrong thing to do of course but not sure where you are going with your buying the title style comment.
Any debts we built up are going to be paid off, a lot have already been paid off.
At no stage will anyone left without being paid.
What happened at Shels wasn't the way to run a business of course but talk of buying titles is just rubbish. Ollie spent the ground money before the deal was done. Had he concluded the deal to sell the ground and then brought in a team on 40K a week wages and won the league would you claim we bought it ?
What happened at Shels was different to what happened at other clubs.
We are going to pay for that success for the next few years at the very least but give up on the buying the title talk. No 65% rule was in place at the time so spending more than you had in one season wasn't breaking any rules.
Apologies if already brought up here - Would a £7m or £8m move for Kevin Doyle help Cork out? Just reading the newspaper with speculation of a move to Villa. Have Cork a sell on fee?
Rumoured to be 10%Quote:
Originally Posted by lofty9