So that puts an end to the rumour of the tax being paidQuote:
Originally Posted by Kildareman
So that puts an end to the rumour of the tax being paidQuote:
Originally Posted by Kildareman
His sidekick is on Newstalk.
heard it, nearly crashed the car when he made out all players were paid. The honest sports lover protrayal was sickening - cooper gave him a very easy time. Said h was trying to have something in place by clos eof business tomorrow (for all his words are worth at this point).
The media are treating him, in person, with kid gloves. Something isn't right in all of this, his love of court room battles can only explain part of this, but there has to be an underlying factor for the amount of time given to Tom, Rod and their goons. They've gone unquestioned, unchallenged and continue to get whatever they want.
http://www.rte.ie/sport/soccer/2010/0211/corkcity_.html
Quote:
Fresh bid for Cork City
Thursday, 11 February 2010 20:16
Quintas has made a second offer to Tom Coughlan on behalf of Cork businessmen to take over troubled League of Ireland club Cork City.
In a statement released to RTÉ.ie tonight, the Cork-based financial services consultancy has confirmed that a bid has been made, led by Peter Gray and Michael O'Connell, and is completely separate to the previous offer which Quintas facilitated.
The proposal includes plans for FORAS, the Cork City Supporters Trust, to share in the ownership and management of the club.
Gray, a former sponsor of Millwall Football Club is a semi-retired businessman from Britain who now bases himself between London and Kinsale.
He is keen to help save the troubled Rebels: 'I have a genuine love of football and believe that Cork has the potential to be a really successful club.'
O'Connell, meanwhile, is a former Chief Executive of Adidas in Ireland and owns Mocad Golf.
FORAS members will soon vote on whether they want to be part of the bid, their chairman John O'Sullivan was excited by the offer:
'We support this move. This is a really exciting offer made by individuals who have the best interests of the club at heart.
'We sincerely hope that the bid will succeed and we will put the chance to share in this new opportunity to our membership as soon as possible.'
Cork City will hold a press conference on Friday but it is thought that this is not in relation to the offer.
Coughlan must now decide in the coming days if the offer is acceptable, but time is running out with the winding-up order hearing from the Revenue Commissioners set for the High Court on Monday, as well as the League of Ireland licencing decision from the Independent Licensing Committee and FAI due the same day.
I dont understand this late offer.
Why not just let the club go bust and start again in the first division with FORAS. Surely the could have come in a long time ago, were they waiting until TNB had no more room to manovre?
Offer or no offer, surely they can't get a license at this stage anyway?
Unless they pay everybody off by tomorrow evening then it has to be too late. Why not let the bloody company fold and back the FORAS entity? The €400k or whatever could do an awful lot more good there. They could be Cork City again in a year or so.
If only it means that Roddy Collins doesn't get a pay off I'd say let the club fold and reform with an application for the 1st Division. If a dramatic saving of the club takes place at the very last minute nobody in their right minds would have Roddy Collins anywhere next or near the club. Presumably he'd seek a pay off should the club decide not to keep him in charge. Does anybody know how much Roddy gets and if he's getting it? Whatever is there I'd say Roddy is milking the club dry.
He claims to be on 500quid a week, less than half of what he claimed he was earning in Malta and a quarter of what he claimed he was on in RTE (seriously, he gave interviews stating he took a 50% drop in pay to go to Malta). Will FORAS keep him and his skipper on should they take over?Quote:
Originally Posted by Harpsbear
Rumours in a pub in Cork that TNB managed to pat revenue.
Any truth to this?
Sorry, realise now I should have gone back a pageQuote:
Originally Posted by CuanaD
A FORAS club in the first division in my opinion is the best option for us !
Is Premier Division football and European Football and 1 year or so of the name Cork City really worth the hundreds of thousands that has to be paid whether Tom takes a payoff or not. It just seems a strange business decision when there's a clearly viable alternative. These guys seem to be businessmen not Arab sheikhs who would drop more from their pockets.
In the long run, this seems like a more sensible option.Quote:
Originally Posted by sheao
or
Business men come in, save club, just seems more of the same of what went before.
Would the people of Cork not be more inclined to get behind a football club that is owned by the people.
FORAS are going to be taken for a ride if they vote for the new consortium. There is practically no time at this stage to do any proper 'digging' up of facts on the connections and backgrounds of this new group. Who in their right mind would want their club even associated with anyone from Millwall? Millwall is an English club and no-one from over there with any experience would want to touch Cork City, especially since the 'turfing out' of some top Cork players. Don't give me this 'Real soccer man' ideal, sure isn't Coughlan one of them? The 'semi-retired' tag of Gray indicates that he doesn't give too hoots one way or the other. A very dangerous bed-fellow to sleep with. In many ways its better the Devil you know than the Devil you don't. FORAS are also running a huge risk of being the 'bad guy' in all this. If they vote for it now and the club goes bust mid-season or at the end of the season they will have 'moved too fast'. If they vote against they will be seen as having kicked Cork when they were down and doing nothing to help. All FORAS can hope for is that the revenue does the job for you and takes the decision out of your hands.
A rumour that erupted yeseterday in certain circles in Dublin (I believe any Bohs insiders on here can confirm this) is that one Mr. Steve Collins is being used as a name for the "UK consortium". His solicitor was down in Cork yesterday but apparently left without signing or concluding anything. Also being bandied about (by "a source close to Roddy Collins") is Fran Rooney who is to come on board as an investment magnet - he was announced as the same by Roddy for Malta way back when, without ever taking up the role. Today will be interesting.
The latest news seems to make no sense whatsoever, better for FORAS to continue pursuing their own licence and start with a clean slate rather than wasting money clearing debts for which they've no responsibility. Also, it's virtually impossible that anything could happen before Monday at this stage, so it'll have little impact on the FAI's decision. Either way, it will surely be for the First Division after all the missed deadlines, giving one for the Premier would destroy what degree of credibility the League has remaining.
I am very unsure of what to make of the latest Quintas backed bid. Premier Division football and sponsorship (which we have only 3 weeks to fix down) and inevitably 1 round of European football are not worth what it costs to pay off the debts. Also when you factor in, we'll have an atrocious Premier Division side, there is a real chance we could be fighting relegation come the seasons end and go down anyway. Make no mistake about that.
And then there is the Roddy factor...stuck with him and his spoofer contacts for 12 months not to mention his disgusting personality is something I would be delighted to do without.
So Quintas say they're interested, do due dilligence, uncover so many horror stories that they immediately pull out, and a week later they're back in again?!
This just gets curiouser and curiouser.
Whatever the rumours up around Bohs are, they're incorrect.Quote:
Originally Posted by weecountyman
What has been referred to as the 'London/UK consortium' in the past has been in reference to Peter Gray's interest.
Seems to me that both previously interested parties have come together and decided it would be better if they joined forces to rid the club of Evil Tom.Quote:
Originally Posted by pineapple stu
As well as that trying to reduce Toms parachute payment as the High Court approaches by which time Tom leaves with nothing.
Although the thought of him getting a red cent makes me nautious.
His political connections, and the pull they have with most of our media, perhaps?Quote:
Originally Posted by weecountyman
I'm surprised and disappointed that FORAS would appear to be actively supporting this. At the very least they should be neutral, and it seems mad that they'd be putting money into that entity at this stage. Better to stay out and build up a war chest, regardless of whether they proceed with the new club or not at this stage.
It may have been a neutral comment from the FORAS chairman that was made newspaper friendly.Quote:
Originally Posted by Macy
I'm sure the chairman will clarify at the FORAS meeting tonight.
Razor, I tend to agree with you regarding the statement by the FORAS chief, but it is worrying that the group are being included in the deal before a vote has been taken - the best option is still for FORAS to go their own way and get a real club representing Cork.Quote:
Originally Posted by razor
Well Mr Chairman isn't alone in supporting a move that may remove Tom Coughlan from the club but i'm sure a vote will be taken tonight as FORAS cannot take part without its members ratifying it.Quote:
Originally Posted by weecountyman
I agree with you in that i'd prefer FORAS to remain independent and not get involved but we'll have to see whats on the table from the 2 other parties involved.
It could all be too late by tonight if the FAI aren't going to completely disregard the Licensing rules. Why should anyone obey their deadlines ever again if they do?.
Some news just out in Malta (fresh from the - injured - Floriana keeper Ben) - Floriana have waited over a month for a call or email to be returned from Tom and Liam (and is there a Kevin something?). Roddy's affidavit has been torn up and now the club need for the Maltese to release him. However they have said nothing since then. So the Maltese have lost the head and started a case in CAS (FIFA are handling the banning of Collins and Cork). Some major stuff going down!
FORAS aren't included in any deal and won't be included in any deal unless a majority of the members decide to include the Trust in a deal.Quote:
Originally Posted by weecountyman
Read the statement again "FORAS members will soon vote on whether they want to be part of the bid".
[QUOTE=weecountyman;1318893. Also being bandied about (by "a source close to Roddy Collins") is Fran Rooney who is to come on board as an investment magnet - he was announced as the same by Roddy for Malta way back when, without ever taking up the role. Today will be interesting.[/QUOTE]
No truth in this notion whatsoever
tiktok, I saw what was written, but the statement from the marketing company (acting for Quintas) stated that FORAS would be brought on board, now this has to be passed by members in order for it to be a runner, I understand that. But there's an awful smell of deceit in the air regarding how FORAS are being included as part of the deal - is it common support or a ready access to cash they want? It looks like a deal about to be done with the devil! But the members should be more than able to see this!Quote:
Originally Posted by tiktok
FORAS cant really be held accountable for the way the media twist things...we should know that by this stage. For all we know this was told to the reporters that FORAS have been given the option pending membership approval and the editors/journalists decided to make up what they thought that meant for FORAS.Quote:
Originally Posted by weecountyman
I am happy to wait another 4 hours for the meeting tonight to get this really thrashed out. After that, all we can do is let the weekend pass, then the ball is in the FAIs court to to decided if I will ever bother following this Godforsaken league again.
first ive heard to be honest. Nothing on our forum even suggesting this. Bohs fans are just observers on this issue for the most part, we get updates every once in a while from a cork poster called "crowley"...Quote:
Originally Posted by weecountyman
unless you were referring to Rovers fans in the bolded part of your post... ;)
From the Cork press conference:
The bid is "being considered".
The tax bill "will be paid on Monday".
The licence application "is in". Fair play to them.
Roddy is "not concerned" about player departures, licence shenanigans etc..
If this shower get a licence Maxi should be taxied up to Abbotstown.
So TNB is gonna get away with it after all.... Sucks to be a Corck supporter
:-) At last someone got it! In acuality it's anyone who is in the locality of D15 will have heard the rumours doing the rounds of how this source of investment was red hot (it could well be nonsense but it came from a Bohs fan and boxer backer - say that 3 times quickly with a few pints in you!).Quote:
Originally Posted by SkStu
soccerc, I'm glad to hear that (re the Fran Rooney rumour), Roddy has been throwing his name around for some time and it was surprising to hear it in relation to Cork, Malta maybe, makes business sense I suppose for a barrister, but Cork??? For free legal advice maybe! I liked Fran as CEO of the FAI, he treated the LOI with respect and wanted to make us more important.
Billy Barry: We really are no wiser than we were when we came in.
A new bid half an hour before the start.
Roddy not too perturbed by the exodus of players. (O'Donnell gone now too!)
We wait with bated breath for the acceptance of this new bid.
Smoke and mirrors.
If Cork City do get a licence under the current regime is it open for other clubs to refuse to play them, or Derry City for that matter, on the grounds that the FAI is not operating a level playing field?
No, but Bray would probably have grounds to sue. (IANAL)Quote:
Originally Posted by Scrufil
Surely Cork cannot get a Licence.They've missed how many deadlines and broken how many rules.ALL credibility will be gone from this league and with it will go the fans.