Wasn't it "cleric issue" that was blamed last time and then we found out that they just hadn't got the money.
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Wasn't it "cleric issue" that was blamed last time and then we found out that they just hadn't got the money.
The money was just resting in Father Ted's account.Quote:
Originally Posted by Hairy Bowsie
Apparently there was also a 'problem at the printers' the time the programs weren't available.Quote:
Originally Posted by Hairy Bowsie
Just another in a long line of dramatic own goals by the club it seems, and the whole 'clerical issue' rings hollow.
I get paid by Bank Transfer every second Thursday, everyone in my place of work has the money in their accounts at 0:01 on the Thursday regardless of the Company's bank or the employees.
It's beyond embarassing at this stage, I'm seriously worried. While I appreciate that we have zero income until the first game of the season, the current situation is completely unacceptable, people are working their backsides and come payday, they're being treated with a complete lack of respect.
So sick of it at this stage.
Who's bank account - maybe it could be used to pay your staff.........Quote:
Originally Posted by political_rebel
good point and this 500,000 lodgement has never been confirmed by anyone only coughlin and co. he bought the club for one euro. didnt buy the pub he was saying he was buying............and on and on. i wish this season clubs would stop waffling and concentrate not on winning stuff (if that happens fair enough) but what we all know is important, survival.Quote:
Originally Posted by Celdrog
It was confirmed by the examiner...how long it stayed in the account is another matter though....Quote:
Originally Posted by gael353
Did most of it go to Mathews?
I havent a notion what was doen with the money, or if that particular money was spent at all. The examiner made it a condition that he lodge 500k in a bank to prove he had funds, thats all I knowQuote:
Originally Posted by pineapple stu
You're way off on both points.Quote:
Originally Posted by gael353
Coughlan had to show that he had sufficient funds to meet the proposed scheme of arrangement with creditors and to implement the business plan he submitted to the High Court. That the examiner confirmed evidence of these funds is a matter of High Court Record.
The cost of getting the club was the scheme of arrangement with Creditors, 7.5% to unsecured creditors, 15% to the revenue commissioners.
The issue is whether or not he's using the money that he proved was there and had indicated would be used for CCFC. Stories in recent days suggest he's incredibly slow to do so unless backed into a corner. The treatment of staff and players through this is just not on, they've been through too much as it is.
Cork City FC will take years to recover from the bad reputation we're currently cultivating.
if this is true its 2 fingers to players and FAI--think its time to pull the plug on these fools-who wer still signing players up to last week with apparently no money to pay them-- here we go again and the season hasent kicked off yet ---:mad:
The star article claims we have til Friday to sort it and Finn Harps are on standby
Rumours are the players are going on strike. Surely it would be way too short notice to throw Finn Harps in if it comes to that
Just so we're clear, it's one person who's respnsible for every decision at the club and for every penny spent or otherwise. The rest of the 'fools' are the ones who have spent months getting us a licence only to find their bank accounts barren this weekend, they're people with kids to feed, bills to pay, mortgages to service and lives to live.Quote:
Originally Posted by Guitd
Relegation now would finish our club, our budget [apparently] is based on top flight gate receipts etc., we'd go straight into liquidation. I don't see how it could be avoided. Tom Coughlan could make thousands of enemies in one fell swoop.
I'd say Harps have already been informed to have plan B ready to go, they only need to get to Sligo Saturday week, they can manage that to start with anyway. Hard to argue with the players going on strike if they haven't been paid, they've been through it all before and should never have had to go through it again.Quote:
Originally Posted by GUFCforlife
Harps with a plan B?!?Quote:
Originally Posted by tiktok
Comedy Gold!
If you won't, Fingal will!Quote:
Originally Posted by Mr A
Very disapointing to hear about the Cork situation.Quote:
Originally Posted by tiktok
But if its true, then they really should be demoted.
Enough is enough at this stage
If so hopefully Harps are in a position to take their place
rather than Fingal
It wont be Fingal as they only got a first division licence due to the pitch size.
Didn't Fingal fail to get a Premier Licence?
The Indo are reporting that CCFC's licence is safe regardless.
That seems ridiculous, even to me.
**********************************
By Neil Ahern
Monday March 02 2009
THE FAI confirmed last night that Cork City are in possession of a full Premier Division licence for 2009, despite the fact that some players did not receive the back wages promised to them last Friday.
There was confusion among fans as to the club's Premier Division fate after it emerged over the weekend that Cork's players did not receive their monthly salary for February, which in some cases was to include an instalment of back payments owed from 2008.
But the Irish Independent learned last night that the Leesiders' 2009 licence is in no danger as the agreements reached on the back-paid wages before last Friday's deadline were enough to put them in the clear under UEFA licensing laws.
Three players did request that they be paid up front and the FAI has confirmed that they have been paid in full.
Punishment
Therefore, the only immediate punishment City may receive for reneging on agreements with the remaining players is a transfer embargo -- a mere slap on the wrist considering that the full transfer deadline closed last week.
Any embargo before July's transfer window would merely result in the club being unable to sign any out-of-work players.
Speaking about the situation last night, an FAI spokesperson said: "Cork City have told us that they have issued the payments to the players.
"However, if the players have issues, they have every right to write to League director Fran Gavin and necessary actions will be taken."
FAI internal compliance officer Padraig Smith and PFAI secretary Stephen McGuinness will travel to Cork this week for crunch talks with Cork City owner Tom Coughlan to clarify the reasons for the recent problems at the club.
Indeed, club captain Dan Murray was contacted by FAI representatives on Saturday to discuss the worsening situation, which resulted in one anonymous player expressing his anger to a Sunday newspaper.
"We had a meeting with the club a couple of weeks ago when they asked certain things of us regarding training, and we asked things of them with regard to wages," the player is quoted as saying.
"They wanted us to act in a professional manner and we expected the same of them.
"Last month the cheques didn't arrive until after 5pm on the last Friday of the month, when it was too late to lodge them to our bank accounts.
Wages
"This month's wages were due to arrive in the bank on Wednesday, but we waited until Friday and nothing arrived.
"It seems we are no better off now than we were under the old owners last season," he continued.
It is understood much of the confusion has arisen from a switch in payment methods at Cork, from a cheque system to an electronic system, as well as a change from weekly to monthly payments.
"We are very disappointed players weren't paid on time," said McGuinness yesterday.
"But at the moment we're working with the FAI and Cork City to make sure it is cleared up and it does not happen again."
Its bad when I'm more fearful for Cork than angry about this. Seriously, this just isn't on.
*cough* :)Quote:
Originally Posted by tiktok
In fairness, while I agree Cork should be penalised for what's gone on, I don't think you can relegate a club one week before the season begins when they've already drawn up contracts based on a Premier Division budget. That seems to be just asking for more trouble, as tiktok has pointed out. It's too late to take action now; the FAI's own deadline is way to late to allow them to change anything, and action should have been done weeks ago when players were being signed in the knowledge that they probably couldn't be paid; a transfer embargo then seems (in hindsight) to have been the best way to go.
Interesting to see how Cork fare this season. If they go into examinership twice in the space of twelve months, there's little chance of them coming out, I would have thought.
Is the FORAS money gone into the club?
What a fcuking joke. If it were another "smaller" club I wonder if the FAI would be so helpful.
Like Cobh?
Or UCD of course.Quote:
Originally Posted by pineapple stu
We won't go back into examinership, should it happen. It'd be straight into liquidation this time and a scrambling firesale of whatever baubles we have.Quote:
Originally Posted by pineapple stu
No, not a penny of it.Quote:
Originally Posted by pineapple stu
So the obvious next question is - where is that money? Should it not go to the club now to tide them through this mess? Or is it insufficient? Or are they waiting, Rovers-style, to get enough money together to buy Coughlan out?Quote:
Originally Posted by tiktok
Or Dundalk, who didn't pay their players last March due to a "clerical error".Quote:
Originally Posted by pineapple stu
I don't see how Cork can be punished for this if its a one off. If it continues then its a diferent matter
The difference is that Cork were given a provisional licence on the basis that their finances were up to date by last Friday.Quote:
Originally Posted by Celdrog
Its 2 months in a row. And the players are paid monthlyQuote:
Originally Posted by Celdrog
Sure the FAI are great and Licencing isn't a farce. Same old people on about the negatives...Quote:
Originally Posted by pineapple stu
The money is in a Bank Account.Quote:
Originally Posted by pineapple stu
If the club request any money from FORAS, it'll be up to members to decide where it goes.
I'd be completely against handing any of that money over to the club right now, at leeast that's how I'd vote.
So the club are in the mess they're in, and they haven't asked for any of the money?
Interesting strategy!
I think you are absolutely correct. Giving the club money to tide it over will leave you powerless to do anything if, in a few months, the same problem arises. We used to give our club money without much thought until people realised there was nothing to be gained in the long term by just handing over money without having a say in how it was used.Quote:
Originally Posted by tiktok
Keep off those mushrooms, they're making you hallucinate!!!Quote:
Originally Posted by Celdrog
Just because Maxi didn't go to the PFAI headquarters with a can of petrol doesn't mean it didn't happen.Quote:
Originally Posted by SMorgan
Gerry Matthews knew it happened
Drogs fan commenting on Players not being paid :rolleyes: There was no clerical error, the players were informed that they would be payed after a lying week as is standard practice with many businesses! Vaughan and Lynch were quoted in the press as having a problem with this, they vehemently denied making contact with either the PFAI or media. Legal advice was sought on behalf of the two players and the gutter press journalist involved apologised! The players were informed in advance of this change in payment system. Now back on topic. I am worried for CCFC and cant understand the appearant recklesness that is persisting after last seasons messing:confused:
Give me 1 reason why I can't comment on players not being paid?Quote:
Originally Posted by Nesta99
Not sure what the story you're linking is meant to prove. You say that Dundalk didn't pay wages and they said that it was due to a 'clerical error'. I say your arse is completely out the window on this and you haven't a clue what you're talking about. Now, prove me wrong, pleaseQuote:
Originally Posted by Celdrog
Oh, of course you can comment, just like we can laugh at you for doing so!!:DQuote:
Originally Posted by Celdrog
Because Drogheda's financial problems mean you'll never, ever be allowed comment on any players not being paid ever again.Quote:
Originally Posted by Celdrog
Didn't you read section 4.3 of the foot.ie charter?
"If thost club hast financial problems, it dost forbid thee from speaking about financial problems of other clubs. Forever."
It's right after section 4.2 - "Do you know that for a fact?"