Same crowdQuote:
Originally Posted by Dunny
Same crowdQuote:
Originally Posted by Dunny
They're the same.Quote:
Originally Posted by Dunny
Meh.
Is it these guys though?
"Quintas Wealth Management offers a flexible, holistic and creative wealth management service."
Holistic? This is utter jibberish. No wonder the FAI have gotten in touch. They can blind the Revenue with jargon!
I wasn't aware of a "Quintas" all I heard was the FAI had been in contact with a sort of rescue package. Mr_Parker is the one who mentioned Quintas.Quote:
Originally Posted by Dunny
It was on the Cork forum earlier and Newstalk.Quote:
Originally Posted by Umberside
Do Quintas not fly big aeroplanes to, from and around Australia??
Groundhog Day.
While I fully endorse Coughlan's removal and supporter control of clubs (preferably part-funded by the state) I think some people are becoming very blasé about the efficacy and viability of supporter-based consortia. Let's not forget that for all the terrific work done by the 400 Club and the Rovers family, it was the largesse of a private individual that ultimately stopped them going wallop and put them where they are now.
Keeping Cork City FC alive, minus Coughlan, should be the focus now. Cork's vaunted potential is based on the large support it attracted to a competitive, pro or semi-pro based team playing at the top level. A fan-run side scraping around the "A" Championship could easily fizzle out without fanfare within a few years.
Quintas are financial advisors who will be dealing with the revenue for Tom.
They will be offering 220k up front and the Celtic friendly basically.
You couldn't make this stuff up!
This whole debacle looks so shambolic to anybody else apart from those who have followed the league down through the years. We've become acclimatised to this kind of thing.
Any wonder the league is such a laughing stock.
Best of luck tomorrow Cork Fans. As the Rolling Stones once said: "You can't always get what you want but you'll find sometimes you get what you need".
Tomorrow is make or break for Cork City football club! I really hope that we can survive somehow,this club means a lot to the people of Cork and should it fold it would break a lot of people's hearts.
Quote:
Originally Posted by sheao
Cork City Football Club won't be folding tomorrow, Cork City Investments FC Limited might.
Don't want to be mean but, if that's the case, why are you averaging 2,000 fans a match?Quote:
Originally Posted by sheao
If CCFC survive tomorrow, what penalties(if any) would be imposed on ye?
No idea, and tbh at the moment, couldn't care lessQuote:
Originally Posted by Dunny
feckinhell do you think any of us seriously gives a rats arse ..."Yes ,the quadruple heart bypass,and your liver & kidney transplant were a total success,but i'm afraid we lost a pubic hair forever "Quote:
Originally Posted by Dunny
True. Good luck tomorrow.Quote:
Originally Posted by micls
ah sweet jesus like, its like a soap opera, if city are saved tomrow (which going by whats being said is likely), that will only be the revenue out of the way, what about the 30 or 40 other creditors that are also owed thousands, surely if the revenue get there money, theyll also want theres,
i really thought this would be sorted tomorow, the club would fold, with all its debth erased, then FORAS could start up a new debth free cork city,
the fund they have would easily get them out of A league in the first year, and then the majority of the fan base would return, and more or less guarantee a return to prem football within 3 years,
why spend the next 6 years recovering when you could build a new club and get it to where the current one is in half the time
I don't think so. No. Definitely not.Quote:
Originally Posted by SMorgan
QANTAS. QANTAS never crashed.
Definitely.
"I'm an excellent chairman."
i remember that,strange thing about it was there were plenty in the ground saddened he didn,t succeed in throwing you out.Quote:
Originally Posted by jebus
I've this awful feeling TMB will manage to scrape the money together.
You were a great secretary :DQuote:
Originally Posted by Sheridan
Quote:
Originally Posted by micls
Out of the total 439k owed to Revenue, Tom Coughlan is claiming that part of if is calculated (by Revenue) from tax due on back-money he paid to players/staff from last year/pre-examinership?
How much is from last year and how much accrued post-examinership?
Theres light at the end of the tunnel.
96FM news down here reporting that Coughlan has stepped down.
EDIT : false alarm, Coughlan said he will stepped down if requested to by the Revenue (but his lips were moving)
City said their figure was €239,416 but the revenue had a figure of €327,279 and that another €241,000 has been accumulated since March.Quote:
Originally Posted by Buile Shuibhne
So you could say the difference might be that from last year.
According to the report on Today FM this morning, Cork are set to offer in the region of €220,000 to the Revenue today and are hoping that the proposed friendly with Celtic in August or September will raise more cash, if City are in existence by then that is!
Taken from our forum:
According to the Irish Star today, we're on the verge of our greatest victory ever:
- FAI have given the club a letter with an advance payment of €45,000 from league and Setanta Cup prize money
- Celtic friendly
- Tom Coughlan's political connections have proved crucial in gaining support from the FAI and the government
Asbo Billy has come in handy for something.Quote:
Originally Posted by micls
Still want him gone though.
Of course.Quote:
Originally Posted by razor
Great news if you survive!!!! Will that be the end of it,as in no relegation or points deduction???Quote:
Originally Posted by micls
No idea.Quote:
Originally Posted by shep
If Cork City are just bringing forward revenue (Setanta money from FAI) or delaying expenditure (wages), how is this going to convince a judge that they are now solvent.
Any person with financial knowledge would see that this is going to cause bankcruptcy in a few weeks or months.
They are still loss making and this will continue with their current playing staff. Have they discussed large pay reductions with the players yet?
Cork need new money to pay this debt. The friendly with Celtic is a small step in the right direction.
We dont have to convince a judge, just the revenue.Quote:
Originally Posted by White Horse
Also the plan is to slash outgoings, not to continue with the current playing staff afaik.
lets not forget the reported small matter of deferred wages dues next week.
You really, really have to wonder why Coughlan didn't get his act together and make a more serious attempt to save the club earlier!
The players contracts are still there though if the club survives today, so cost cutting may not be all that easy. Still it's good to hear that those in charge at CCFC finally seem to grasp the seriousness of what's going on.
I don't trust Coughlan to do anything right, but at least it gives us a chance to try to get rid of the langer and do things properlyQuote:
Originally Posted by Mr A
Quote:
Originally Posted by micls
But it was Revenue who applied to have CCFC wound up in the first place.
They're the ones playing hardball.
It was the judge who gave CCFC extra time etc to try and help you out.
Revenue will be much harder to deal with especially after been messed about already by TNB
I never said any differently. I'm just clarifying.Quote:
Originally Posted by Buile Shuibhne