according to RTE News the house of cards is collapsing. Its time for realism for all clubs, managers, players and fans. No club can afford to give in to crazy wage demands from players.
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according to RTE News the house of cards is collapsing. Its time for realism for all clubs, managers, players and fans. No club can afford to give in to crazy wage demands from players.
Another of many, time for the league to realise it cannot go on paying huge wages for average players in the hope of achieving the unachievable.
Heard this too but just waiting for all their excuses now. Heard also they are going back part time next yr
Surprised its taken this long after the new ground was knocked on the head.
Curse of the League title, there's a lesson in there somewhere!
:eek: another one, really bad for the league. They just won the league and must have won money from the CL, they must be spending huge money!!
this gets to the crux of the problerm ,the league is not paying hugh wages the clubsQuote:
Originally Posted by RonnieB
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Originally Posted by passerrby
My apologies, the leagues clubs there ya go.
Lost E2m last year; says it all really.Quote:
Originally Posted by Con-Con
Good news for the league overall though.
How do they get a licence for next season? No fit ground and debts everywhere (presumably, given the Bohs fiasco). Also interesting to see what happens those on two-year contracts.
Could be a cracking first division yet :)
I can see not only top spot in the first division goin up but also 2nd and third the way the premier is..although after all the fai would probably have some excuse that the teams that were suposed to be relegated should stay up
Where does the league go now? Most people seen this coming.Big squad means big wages. This league cannot sustain that level.Beware BohS!Quote:
Originally Posted by RonnieB
I think we will see everyone in one league for the next few years until all this crap is sorted out its Bohs turn next.
ucd will win the league at this rate
yea cause more clubs going bust is just what this league needs.....Quote:
Originally Posted by pineapple stu
Wouldnt it be interestng if Drogs were demoted for financial irregularities and Dundalk came up instead of them:eek:
It being stopped now is good for the leagueQuote:
Originally Posted by DUFC4life
Is it me ******!Quote:
Originally Posted by pineapple stu
What you mean to say is its good news for UCD (and I don't even think its that).
Lets be honest, its good news for the League in the same way that the credit crunch is good news for banking. i.e. there's a vague hope out there that after all the crap settles down people will come to their senses and be sensible and conservative in the future, when in actual fact after a couple of years the same mistakes will be repeated all over again and again....
Why is it different this time?
ya!!! :) get your conspiracy theories in nice and early son :cool:Quote:
Originally Posted by Lilywhite Army
Posters are responding to Drogheda realigning there finances and budgeting.Quote:
Originally Posted by DUFC4life
You are the first to use the B-word on this thread.
And the truth shall make you free.Quote:
Originally Posted by El-Pietro
Why is it different this time? Because the league has never had such a collective phase of gross overspending, causing so many clubs to get in so much trouble at the one time.Quote:
Originally Posted by OneRedArmy
If this isn't good for the league, it implies that a future of full-time teams and serious European progress is a viable possibility. It's not. It's a mirage conjured by millions of reckless spending. The sooner that's gone, the quicker the league can recover any semblance of respectability and the sooner it can progress properly without players being scared to come here because we won't pay, without people being scared to give clubs credit because they won't pay, without fans having to sacrifice their club just so they can have one or two good results in Europe.
I agree with you that the same mistakes will be made again, but not on anywhere near this magnitude, and not with anywhere near the serious consequences we're seeing at present (in particular, clubs in examinership and talking about not being able to continue or even going broke). That can only be good. Not perfect, but good.
Looks like Galway got their problems sorted at exactly the right time. They could be safe yet. Lads its always the way that teams are kept up if teams above them are relegated for any off the field matters so it wont be a conspiracy.Quote:
Originally Posted by Olander
What financial irregularities? Players will be paid from gate receipts from the BVohs and Glentoran games over the next few days.Quote:
Originally Posted by City till I Die
Now if I were a Derry fan I'd be more worried seeing that Meteor are pulling the plug on their sponsorship up there.
ya but galway decided before it was too late to stop overspending ,,got rid of players when trouble started some clubs have continued til they wer either safe from regulation or could no longer win the league then they decide to come clean whos right ?or whos wrong?Quote:
Originally Posted by Louth4sam
Any hope of them being deducted points? Heard they haven't being paying tax as well.
You would want to listen to the reports more carefully,which states players will not be paid anyway I doubt gate receipts will cover the wage bill of the squad!Quote:
Originally Posted by iceman
Pays a couple of weeks wages, what happens in a few weeks time when you play a few away games & also when season ends & no income!Quote:
Originally Posted by iceman
Thats what i meant, Galway seem to have stopped at the right time so if there is any points deductions, relegations etc they would seem to be safe.Quote:
Originally Posted by Guitd
Good to see they're thinking in the long term in Drogheda anyway.Quote:
Originally Posted by iceman
After this week's ticket fiasco, there won't be much from the Bohs game if people don't travel. Which they won't do unless they know they will get in.Quote:
Originally Posted by iceman
:DPull the other one will ya. We have had rumours here all year about different crap going on at our club, just another little tidbit of **** from the icequeenQuote:
Originally Posted by iceman
apparently drogs owed €10,000 to bohs for kiev game - bohs got 400 tickets at 20 a pop this morning so bohs keep that 8k and apparently are writing the kiev debt off at that. whether people travel or not drogs now owe bohs nothing and bohs have 8k cash which is better than a bad debt of 10k! Still sh!t obviously though.
not a defence but a fact that premiership - best league in world (more CL semi-finalist in past years than other leagues) had a €3billion debt in one year. borrowing money for success seems to be the modern game.
everyone knew that the Drogs directors agreed to cover debts that would accumulate pending the realisation of their sound plan of the new stadium with ancilliary revneue streams. This stadium cannot now be realised so the covering of accumulating debts cannot go on. They were completely right to start building the club ahead of getting the stadium sorted- pretty sh!t that it didn''t come to fruition but that's what's happened.
Pineapple Stu is a jerk if he really believes that more failures are good for any league - we have a bad enough rep as it is without destroying ourselves from within.
FAI allowed the league to die years ago. Our national team punched above its weight for so long - our youth leagues and teams like St. Kevin's etc. are well organised - why don't we fill in the gap with a nationally organised league, wage cap, centrally contracted players, a draft from youth leagues. look at some american sports.
Probably be no DUFC next year and it's such a shame - might have bought our success but who EVER hasn't! Could have been so much different had HUghes's stab at a ball in Kiev gone in - could be playing CL group footy (not blaming Adam just wondering what if).
look at the irish economy people - bohs are next - good luck to anyone except UCD and rovers for any year after the year after next. My money's on rovers!
Why is there no report on the RTE website seeing as they broke the story? I didn't see the news. They've also moved their other "EL bad news story of the day" involving Longford way down the list of their stories on the site when it was their second lead story (and rightly so, don't know why they thought it was of national interest in the first place).
Um, what? Why are Drogheda's directors getting off so lightly here? They didn't have to hand out mental contracts that they've now decided they're not going to honour. Sure, they did a lot for DUFC but are ye really better off than when the whole thing started? Perhaps it would have been wiser to aim a little lower and focus some of the money on stuff other than lining players' pockets?Quote:
Originally Posted by all drogged up
Is anyone even surprised at this anymore? There'll probably be more of these announcements by the end of the season (never mind how these full time clubs will pay players over the off season). Half of the premier division has had public money problems now and I'm sure several more have kept problems quiet so far. I can't see 9 of this year's premier teams getting a premier licence for next year. This season is a joke. And the FAI want to talk about television ads for the league...
Quote:
Originally Posted by gufct
Yep think that as well along with the return of winter football
Might be an interesting fans forum on Saturday and the finacial workshop for licensing next Wedneday
Looking forward to them now to hear others people views
It's highly debatable that it was a sound plan. The fact is ye all knew and everyone knew that if the stadium didn't come through DUFC was in serious danger. A sound plan would have been to build the stadium and then start spending the money. I can't see how Drogheda are going to cover the outstanding wages if they want to get a Licence considering they can't for the rest of the season, then there's the ground issue.
Our players demand no wages but by God we're not going to give in to them...Quote:
Originally Posted by gufct
This is the latest of the market corrections the country is facing at the moment. The 65% wage rule is only starting to take effect. For a while now, clubs have been juggling the balls in the air but there comes a time when it all has to stop. I believe every club in both divisions has being spending money beyond it's income and the survivors will come out all the stronger. Clubs with proper facilities and income generating infrastructure will get through it. Those with rich sugar daddies covering high wages will hurt the most
Can anyone say which teams arent in trouble financially
I cant think of any other than Wexford, Limerick (because of Jack Mc), UCD, Shamrock Rovers
We havent had a home game since the 3rd September. God knows how we are still here
Derry CityQuote:
Originally Posted by Battery Rover
Limerick are ok according to their fans, I don't know enough about their situation. If we get the money we're due in from sponsorship we'll be more or less ok but I wouldn't say we're in rude health either.