Shamrock Rovers Examinership Thread

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26/04/2005, 1:42 PM
WeAreRovers

Quote:

Originally Posted by pineapple stu

Now that the Companies Office and the ODCE are on Rovers' case, it's made the FAI aware that there's a problem. ODCE is not someone you want to get on the wrong side of either. But Rovers' auditors have a lot to answer for here as well...

Who do you think approached the Companies Office and the ODCE in the first place? Here's a clue it was the people who are now running the club on a day-to-day basis and trying to secure the long-term future of the club.

We've known about these accounting and other irregularities for a long time. Someone else suggested that out former directors be banned from football for ten years. Far to leniant IMO. They should all be banned for life from anything to do with Irish football but going on what happened to Louis Kilcoyne I won't be holding my breath.

KOH
27/04/2005, 7:58 AM
ThatGuy

Finn Harps are going to get relegated because they are living within their means. Shamrock Rovers are going to stay up because they are living far beyond their means.

The FAI must take action.
27/04/2005, 8:00 AM
Macy

Quote:

Originally Posted by ThatGuy

Shamrock Rovers are going to stay up because they are living far beyond their means.

The FAI must take action.

What against all clubs spending more than they can afford? Bohs are building up a nice debt that will only be serviced by selling Dalyer....
27/04/2005, 8:03 AM
ThatGuy

Quote:

Originally Posted by Macy

What against all clubs spending more than they can afford? Bohs are building up a nice debt that will only be serviced by selling Dalyer....

Macy sure has a good grasp of Shamrock Rovers' situation :rolleyes:
27/04/2005, 8:10 AM
Macy

Quote:

Originally Posted by ThatGuy

Macy sure has a good grasp of Shamrock Rovers' situation :rolleyes:

I'm just making the point that you can't criticise only one club for living beyond their means. Virtually every club in the premier could do with examinership to clear their debts. Rovers aren't the only ones costing Harps their place due to spending more than they can really afford - pretty much every club is (including us, who I'd be concerned about too, but then we got a new major sponsor in). Too simplistic to just blame Rovers for costing Harps their place on that basis.
27/04/2005, 8:13 AM
ThatGuy

Quote:

Originally Posted by Macy

I'm just making the point that if you can't criticise only one club for living beyond their means. Virtually every club in the premier could do with examinership to clear their debts. Rovers aren't the only ones costing Harps their place due to spending more than they can really afford - pretty much every club is (including us, who I'd be concerned about too, but then we got a new major sponsor in).

It is a completely different situation.

It is up to Bohemians members to decide how much the club spends. The club does spend too much and if it continues to do so it will be in big trouble. But it will be able to rectify the situation itself, and over �300,000 of the budget is now in Tolka Park. Bohemians has the capacity to pay off any of its debts, even it it means cashing in on its primary asset, which we hope will never happen.It is an entirely different scenario to Shamrock Rovers'.

If Bohemians start failing to pay bills, failing to pay players, but continuing to sign players etc then we would be in the same boat.-
27/04/2005, 8:15 AM
drummerboy

Even $helbourne have debts.
27/04/2005, 8:21 AM
Macy

Quote:

Originally Posted by ThatGuy

It is a completely different situation.

Different situation, same result for Harps who are being careful with their money. Plenty of arguments to be made against Rovers and their lack of management, however, Finn Harps would be in trouble because of living within their means even if CHF had stayed up at Rovers expense last season.
27/04/2005, 8:23 AM
ThatGuy

Quote:

Originally Posted by drummerboy

Even $helbourne have debts.

Every business in the world has "debts". As for saying Shelbourne have debts, talk about stating the obvious. If there is ever any investigation into how they run their finances then I think that releagtion will be the least of their worries.
27/04/2005, 8:47 AM
Mr_T

Ok, speaking as a Harps fan, hopefully Rovers are finally having to cut their cloth to suit their means. It is very frustrating, even while in Div 1 due to our own financial cutbacks to watch Rovers having no money, not being able to honour existing contracts and still making big signings - e.g. Payne, Gavin.

However, can some of the Rovers guys please explain why Roddy Collins was on eL Weekly claiming that he'd had a great ould chat with the examiner and would soon be looking to add a new striker to the squad!!!!!

BTW, Harps may be being careful with their money, but will be looking to sign players in teh transfer window, and are not relegated just yet. :eek: :eek:
27/04/2005, 9:04 AM
harpskid

Wondered that myself T, surely to Christ he's not going to start splashing more cash is he... :eek:

And we are far from relegated. NO SURRENDER
27/04/2005, 9:17 AM
drummerboy

Quote:

Originally Posted by ThatGuy

Every business in the world has "debts". As for saying Shelbourne have debts, talk about stating the obvious. If there is ever any investigation into how they run their finances then I think that releagtion will be the least of their worries.

What I�m talking about is debts which are outstanding for more than a year. Most companies don't do business like that. Debts occurred for renting facilities and not bothering to pay the landlord.
27/04/2005, 9:38 AM
Krstic

Quote:

Originally Posted by harpskid

And we are far from relegated. NO SURRENDER

:D :D Ha Ha Ha Ha, is this the comedy thread???
27/04/2005, 10:37 AM
Ringo

Quote:

Originally Posted by ThatGuy

Finn Harps are going to get relegated because they are living within their means. Shamrock Rovers are going to stay up because they are living far beyond their means.

The FAI must take action.

Sounds familiar :rolleyes: , no one�s going to do anything about it. :mad:
27/04/2005, 11:00 AM
WeAreRovers

Quote:

Originally Posted by Mr_T

However, can some of the Rovers guys please explain why Roddy Collins was on eL Weekly claiming that he'd had a great ould chat with the examiner and would soon be looking to add a new striker to the squad!!!!!

Eh, 'cos he's a total spoofer. I thought everyone knew that. :confused:

BTW If we are relegated by the FAI for the financial irregularites of the previous regime we'll take it on the chin. Short-term pain for long-term gain.

KOH
27/04/2005, 11:27 AM
kevincronin2000

I know shamrock rovers fans have got some bad publicity in the past, but the way they are supporting the club now i find amazing. Most supporters would have just shouted there discontent and did fcuk all, but rovers supporters are actually getting up off there @ss and doing something about it.

I do think Rovers should be peanilised some how maybe relegated, but don't punnish all the good supporters they have by killing the club.

I for one will make the game friday night, but maybe at the final whistle when we have the three points, i might force myself into a round of aplause for the genuine shamrock rovers supporters.
27/04/2005, 12:17 PM
LFC in Exile

The FA in England have a rule that clubs get docked 10 points for going into examinership. The same here would be a good idea. This goes back to Leicester's ploy of going into examinership to get the creditors off their backs and then getting promoted, while clubs who ran a good ship suffered on the pitch. :ball:
27/04/2005, 12:33 PM
Mr_T

Quote:

Originally Posted by WeAreRovers

Eh, 'cos he's a total spoofer. I thought everyone knew that. :confused:

BTW If we are relegated by the FAI for the financial irregularites of the previous regime we'll take it on the chin. Short-term pain for long-term gain.

KOH

Fair enough, if thats all it is. And as for getting relegated for financial irregularities, thats seperate issue. What amazed me was that while in examinership, facing near extinction due to huge debts, your manager rather than talking about necessary trimming of the wage bill to the minimum to aid financial recovery is talking about signing new players.

The people bankrolling the club in the interim may need to put him straight on a few things surely!!!!
27/04/2005, 12:33 PM
drummerboy

Wouldn't it be prudent for Rovers to move to Morton Stadium now, which would be a lot cheaper to rent than Dalymount. I'm sure Bohemians wouldn't stand in their way, considering the fix Rovers are in. I know Roddy wouldn't like the idea but the pitch is a lot better up there now.
27/04/2005, 12:37 PM
Slash/ED

I think the fans would prefer Morton anyway, so their little amount of money isn't going to their rivals.

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