Petition to wind up: Cork City Investment FC Ltd

**Martinho II** · 13/07/2009, 6:05 PM

Originally Posted by pineapple stu

That's kind of option (b) though (or at least, it's what I meant)

On the Cork forum, the point was made that they went broke in 1995, but kept their place in the league. You'd lose all existing assets, but if you set up a new company quick enough, it seems, you could buy them again (granted, you'd struggle to buy the players' contracts if you had to offer sensible money) and keep playing in the Premier, maybe with a points deduction. Don't know if that's possible though. Was it mid-season in 1995 when they last went broke, does anyone remember?

that sounds right.. werent cork city thrown out of bishopstown around that period of time too?

**John83** · 13/07/2009, 6:06 PM

Originally Posted by Maribor

Aye,

But if I was any first division club I'm be heading for the courts asap if that transpired.

I'd be surprised if a Cork City Mark III (or Cork Evergreens II or Cork Rovers United FC whatever they'd chose to call themselves this time) were plonked into the Premier. The FAI'd get hopped on.

**tiktok** · 13/07/2009, 6:34 PM

Originally Posted by Partizan

Enough of this farce. Its time for FORAS to step in take control of the CCFC from Country Tom.

I wish it was that simple. I'm all for a bloody coup.

Originally Posted by pineapple stu

On the Cork forum, the point was made that they went broke in 1995, but kept their place in the league. You'd lose all existing assets, but if you set up a new company quick enough, it seems, you could buy them again (granted, you'd struggle to buy the players' contracts if you had to offer sensible money) and keep playing in the Premier, maybe with a points deduction. Don't know if that's possible though. Was it mid-season in 1995 when they last went broke, does anyone remember?

As Dodge said, the Licensing rules were changed to stop clubs pulling strokes like this. You can't change the owners on the club's licence mid-season. The question has been asked of the FAI.

It's a question of whether of not 400k is found.

If it is, and the practices at the club don't alter, it's just buying time, we'll be here again.

If it's not, the only option is as charlieboots pointed out, work with the liquidator to get the club and leases, in that circumstance, at best we'd have a 40pt deduction and the likelkhod is we'd be in the A championship [which, let's face it, we deserve] next season.

**eamo1** · 13/07/2009, 8:23 PM

At this rate Shamrock Rovers will be league champions with Cork and Bohs relegated.
How many "2 weeks" have Cork been given in the last year???????Its really taking the pi** at this stage.

**tiktok** · 13/07/2009, 10:16 PM

Originally Posted by eamo1

How many "2 weeks" have Cork been given in the last year???????

I'm going to guess 26.

**John83** · 13/07/2009, 10:22 PM

Originally Posted by eamo1

At this rate Shamrock Rovers will be league champions with Cork and Bohs relegated.
How many "2 weeks" have Cork been given in the last year???????Its really taking the pi** at this stage.

I think they got 4 weeks the last time, which was their first court appearance since emerging from examinership.

**micls** · 14/07/2009, 12:41 PM

Bid early, Bid Often:
From the INDO.

COLIN HEALY and Denis Behan may be the first to go as Cork City prepare for a two-week fire sale in the wake of yesterday's court decision, writes NEIL AHERN.

The court was told that during the July transfer window, the club expects to sell players in order to accumulate funds and reduce the wage bill as they were given a fortnight to reach a deal with the Revenue Commission.

The Leesiders last week rejected an offer reportedly worth €100,000 from English League One team Hartlepool for both Healy and Behan, labelling it "insulting".

But given their perilous financial situation, the Rebels are unlikely to be met with lucrative offers for any of their players as they attempt to offload players in the higher wage bracket.

Apart from Healy and Behan, Joe Gamble has regularly attracted interest from clubs across the water and at home but his current knee injury may prove a hindrance for any transfer, while Pat Sullivan is believed to have been the subject of some interest from Shamrock Rovers.

Dan Murray, Danny Murphy, Fahrudin Kuduzovic and Stephen O'Donnell are also players who could be the subject of bids in the next 14 days.

- Neil Ahern

**sligoman** · 14/07/2009, 12:43 PM

Originally Posted by micls

The Leesiders last week rejected an offer reportedly worth €100,000 from English League One team Hartlepool for both Healy and Behan, labelling it "insulting".

Insulting

...Hartlepool are crazy offering that amount.

**Macy** · 14/07/2009, 12:54 PM

Originally Posted by sligoman

Insulting

...Hartlepool are crazy offering that amount.

I dare say they won't be back even matching that. Ridiculous to turn it down and within a week be in the situation they are now.

**Mr A** · 14/07/2009, 12:56 PM

Originally Posted by sligoman

Insulting

...Hartlepool are crazy offering that amount.

It's more the fact that they ended the offer with "you langer bar stewards" than the amount that made it insulting apparently.

**Louth4sam** · 14/07/2009, 12:57 PM

Originally Posted by micls

Dan Murray, Danny Murphy, Fahrudin Kuduzovic and Stephen O'Donnell are also players who could be the subject of bids in the next 14 days.

We made offers for both players in bold pre-season but cork in their wisdom decided to offer longer contracts for more money.
Do you really think there are any clubs in LOI that can afford to match what you are paying your players never mind pay a fee for them?

**sligoman** · 14/07/2009, 1:34 PM

Originally Posted by Mr A

At last some small indication of sanity: http://www.independent.ie/sport/socc...e-1820369.html

http://foot.ie/forums/showpost.php?p...&postcount=431

**Duggie** · 14/07/2009, 1:36 PM

The Leesiders last week rejected an offer reportedly worth �100,000 from English League One team Hartlepool for both Healy and Behan, labelling it "insulting".

id go bust before id let them go for that pocket money. hope they told hartlepool where to fcking go.

**Mr A** · 14/07/2009, 1:39 PM

Originally Posted by Duggie

The Leesiders last week rejected an offer reportedly worth �100,000 from English League One team Hartlepool for both Healy and Behan, labelling it "insulting".

id go bust before id let them go for that pocket money. hope they told hartlepool where to fcking go.

You'll be an LOI director yet with that attitude!

**Schumi** · 14/07/2009, 1:43 PM

Originally Posted by Duggie

id go bust before id let them go for that pocket money. hope they told hartlepool where to fcking go.

That seems to be the plan alright.

**Longfordian** · 14/07/2009, 2:19 PM

Surely clubs, especially Englsh ones, will just wait two weeks and see what happens. They could potentially sign them for nothing then, actually wouldn't the same apply to Irish clubs if Cork went bust the players could move outside the window?.

**Duggie** · 14/07/2009, 3:17 PM

Originally Posted by Longfordian

Surely clubs, especially Englsh ones, will just wait two weeks and see what happens. They could potentially sign them for nothing then, actually wouldn't the same apply to Irish clubs if Cork went bust the players could move outside the window?.

we bag healy,gamble,behan and faz.

**ger121** · 14/07/2009, 3:21 PM

Does any club actually have the money to increase the number of Full-time players in their squad.? Wouldn't say Bohs or Sligo do. Maybe Derry, Pats and Rovers?