I agree wit you eamo1 up until the part where you think fans will walk. My sympathy & support to all in Cork.Quote:
Originally Posted by eamo1
I agree wit you eamo1 up until the part where you think fans will walk. My sympathy & support to all in Cork.Quote:
Originally Posted by eamo1
You'd have to seriously question (even more) the point in the whole licencing process if the FAI just ignore the rules because it suits them to have a healthy Cork club in the Premier Division. They should be denied a licence new owners or no new owners. The blame would lie squarely with one man.
Why not John83? Also what grounds could Bray sue under?
Also... If Cork have submitted a license application... Who are the club that didn't?
Eamo, I tend to agree. We'll see.
Scrufil, I can't be certain, but I don't think unilateral action is usually a good idea in a dispute like that. Bray would have been denied a place in the Premier, and associated money, by the FAI granting the licence. That might be grounds for a lawsuit. I doubt they'd try, and anyway, I suspect there's enough room for fudge in the rules to grant a licence to Iceland if they feel like it.
Doomofman, could it have been that Cork were late?
I've said all along, Tom will be there come the start of the league, Roddy will go in the summer for some reason that we've all heard before (the sandwiches were cut in triangles, the club don't match his ambition, the club don't respect him etc etc - but he'll first come out with - The travel up and down to Cork was just too much and I need some time off, and maybe there are other jobs to go for. Meanwhile he'll tout himself (via the Star and Newstalk) for every job going, and end up unemployed for another 4 years until "the job he always wanted" comes calling, at which point Salthill will be battling for promotion from the A Championship.
It was submitted late by all accounts, if you pardon the pun. They were the club the FAI was referring to.Quote:
Originally Posted by Doomofman
That equally applies to Drogheda United. Both clubs have driven a horse and cart through the licence criteria and the FAI hasn't the bottle to do anything about it. (opps, sorry, independent licensing committee)Quote:
Originally Posted by Longfordian
Coughlan has stepped down according to RTE.
Does this Cork City press conference weigh heavy on the vote by FORAS tonight?
From the Cork forum:
Quote:
Meaney said that Tom was gone with immediate effect. McCarthy was on to FAI to clarify that him taking over was ok. Meaney did also say that while he didn't know the exact terms of the offer made that the investors were already working on what else was needed for licence. He said the club had been given an indication whether they would get a Premier Licence or not, he declined to say what that indication was but said he believed that they wanted Cork club in League and in Premier next year (to avoid a hurling Leinster Championship as he put it - clubs from Dublin and its surrounds as well as Galway)
Roddy was v strong about the players he felt didn't show loyalty to the club. Disappointed to see Danny M and Joe leave, says he can find replacements for the rest. They have main sponsor lined up as long as ANY licence is granted to club, Hummel staying on for another year.
Stepped down as what?Quote:
Originally Posted by Schumi
He's already stepped down as chairman. Be just like our media that they'd report the same thing twice in two weeks without realising it.
As owner. Quintas set to take over as well.Quote:
Originally Posted by pineapple stu
This has to be a joke.Quote:
Roddy was v strong about the players he felt didn't show loyalty to the club.
That man doesn't know the meaning of loyalty...
It's hilarious anyway.Quote:
Originally Posted by White Horse
For definite? Tommy can't even leave the club without effing it up it seemsQuote:
Originally Posted by Schumi
They surely can't just be handed a Premier license now... RTE seems to think they will be though...
Quote:
Cork City in line for consortium takeover
Friday, 12 February 2010 17:31
Cork City owner Tom Coughlan has stepped down from his role with the club. This decision to move on takes immediate effect.
A Cork-based consortium, led by Jim McCarthy of the Quintas Financial Management group, has launched a takeover bid. The consortium has committed to clear the club's current debts.
This offer was made at 2.30pm on Friday afternoon and is believed to be in the process of being finalised.
If the proposed takeover goes ahead, it is hoped that the club will be assured of League of Ireland Premier Division and UEFA Europa League soccer for the coming season.
Licensing deadline to be extended to 2011 for big clubs outside Dublin apparently.
TBH I don't think that would happen unless there was backing from all other clubs.Quote:
Originally Posted by John83
It would take all clubs to row in on that.
Never happen as they're all going to stick together because it could be them next!Quote:
Originally Posted by tippex
It's a very scary and sick joke, I do pity the real Cork fans, it's going to be a disaster with complete bankruptcy beckoning in less thana year.
>If the proposed takeover goes ahead, it is hoped that the club will be assured of League of Ireland Premier Division and UEFA Europa League soccer for the coming season.
That looks like posturing by me, setting out their stall to agree to missing out on Europe in return to be let remain in the premier division. Can't see either happening btw ...
bhs
I'd be surprised if these guys would take on all the debt without being sure that they'd have premier football next year.Quote:
Originally Posted by blackholesun
They simply can't give them a Premier Licence, they just can't.
Exactly, what about Matthews, Farrelly, the players still there and that have just left. They're all still owed money seemingly.
This situation really has me at the end of a very long rope in terms of supporting the league , we are a laughing stock to put it frankly , i dont see why waterford cant run up massive debt win a league or get a europa place asnd just give two fingers to everyone , sure we will be grand , aDROGS , CORK , DERRY , FAI hang your heads in shame.
This would be without doubt the lowest of the low for the LOI. If this happens, I honestly couldn't even criticise barstoolers anymore.
Some here need to relax a little. Comments made down in Cork have proven not to be the most realistic, so just because Cork "wish" to obtain premier licence, doesn't neccessarily mean they will.
Of course when they do obtain that premier licence, open fire....
I presume when the Cork general manager says that the investors are working on the things needed to get the Licence they're trying to do deals with everyone. In a properly run licensing process it would be far too late but....Quote:
Originally Posted by DmanDmythDledge
Its more the FAI's track record than any Cork comments that indicate the fudge is on its way.Quote:
Originally Posted by Dodge
Cork City will recieve a Prem License. As has been said previously, why would the new investors pay the outstanding monies only to be dumped into the A Championship or more likely the first Div. It has been indicated to the buyers (by the FAI) that if they make all the back payments they will have, more or less, bought a Premier Pass.....
thats certainly what it looks like to me too, D15-Red.
This really isn't getting any clearer. The takeover has not been accepted.
http://www.irishtimes.com/sports/soc...264335109.html
Tom is deliberately wrecking it methinks. What's his game? Why has he not accepted the offer and why is he leading people to believe he's gone?.
'kin hell... how many deadlines have Cork had at this stage?Quote:
There is also nearly €400,000 of debt on the club, which will need to be addressed immediately if a league licence is to be secured from the FAI by the deadline at the start of next week.
The statement concluded: "The offer that was made by Peter Gray and Michael O’Connell, along with the Cork City Supporters’ Trust, Foras, was submitted to Cork City FC at 5.30pm on Thursday the 11th of February. The consortium has not yet had a response from Cork City FC in relation to their bid.
This is something that has concerned me ever since this emerged, and now gives the "misconstrued" statement by the FORAS head a different hue. So basically before the members met, FORAS had already decided to throw in their lot with the O'Connell and a man who once took up a couple of sideline advertising hoardings and sponsored the match day ball a few times in Milwall (still a sponsor is a sponsor). The smell emanating from this is getting worse.
The FORAS people seem to be genuine people from the little I know of them and how they come across, I would imagine they'll have asked a lot of questions of the two lads but it's Tom & co I'd be concerned about. It could be his grand plan to let everyone think he's sold up, licence is given on Monday and then he pulls the plug on the deal. In fairness, I can't imagine that there's going to be a full legally binding agreement in place by Monday whatever the curent situation. TNB will probably have enough scrambled together to pay the tax bill but I can't see the investors paying anyone until they have everything signed off on. Is that good enough for the FAI is the question?. Monday will tell a tale.
LOL
just noticed the guys credentials were 'one time millwall sponsor'
seriously that's the funniest thing I've read in years. I've sponsored a couple of fellas who've run marathons, doesn't mean I can do it myself
He's secretly a Cobh fan. That's why he works out of the hotel down there.Quote:
Originally Posted by Longfordian
Tbh, I've lost all interest in this saga. It just goes from drama to drama. I wouldn't be terribly surprised if CCFC do get a licence, although I hope the FAI take a solid stance to make sure that no other club can come along when they are in trouble and cry: "Precedent!". The banning of Tom Coughlan and the fact that they won't indulge him in the media is a promising sign.
from the Irish Times article:
Does TNB know the difference between buyers and investors?Quote:
"Quintas confirms that Jim McCarthy has turned down the chairmanship offered as it would be in conflict with the role he is currently fulfilling for the consortium that has lodged a bid to take control of Cork City FC.
"Peter Gray, a member of the consortium, was also offered a seat on the board of Cork City FC. He has turned down this offer as it would be inappropriate given his involvement in the consortium looking to take over the club."
Why is TNB offering people places on the board if he is selling the club tonight or this weekend?
If sold, the old board is defunct and the new owners appoint their own board?