QuoteThat exclamation mark sold me a dummy. That's not great news for you guys, for all your efforts.
That exclamation mark sold me a dummy. That's not great news for you guys, for all your efforts.
You can't spell failure without FAI
So you had to raise E130k, raised E96k and now you still have to raise E130k.the grim reality is that the club must raise a further €130,00 by the end of the season in order to ensure that the club is creditor free and tax compliant.
I'm assuming this is the difference between going out of business and getting a licence maybe, but still a kick in the teeth for those who've raised so much money to be told the goalposts have moved.
Ya sorry, not good news at all, €130k is a lot in the next few weeks and well be hard to come by.Originally Posted by John83
yes i agree it does feel like the goalposts have moved. Pineapple what do we need to get a license for next year? Is it just taxes paid up to date ?So you had to raise E130k, raised E96k and now you still have to raise E130k.
I'm assuming this is the difference between going out of business and getting a licence maybe, but still a kick in the teeth for those who've raised so much money to be told the goalposts have moved.
Hard to believe anything the management committee say these days.
Life without Rovers, it makes no sense...it's a heartache...nothing but a fools game. S.R.F.C.
I thinka repayment schedule in place is enough.
You can't spell failure without FAI
Just don't completely implode.
Some clubs have repayment schemes in place, so presumably they're OK. You'll always have some creditors, so that'd be OK too. But it's hard to tell with the FAI.
They are only trying it on after all the Goodwill that has been shown to the club. Gates from remaining matches, lottos sales and 400 hundred club membership and what other incomes there are will probably raise half of that.
Well then, hope like hell that they've exaggerated how much the club needs to survive. And that they weren't already counting that stuff.
You can't spell failure without FAI
THis is something like i heard what happened
I still don't understand what's going on that they have to pick 130k again ?
Just a number that the management committe like or is there any real meaning behind this!
Couldn't every club come out saying we need X amount before the end of the season to keep going ? What's the 130K for exactly ? Have you already restructured the old tax debt with revenue and now need to make those payments?
130K would be 10k per week for 13 weeks which would by a quarter of the year.
Are these deals worked out in terms of quarters? Seems to have come after June last time and now after September? did the club meet the 130K for the tax man by 31st August and now must do the same by December 31st.
Very unclear if the money required is on top of the expected gates and prize money etc or if it's something new completely.
John Delaney!! GET OUT!!!
www.ssdg.ie
13 weeks of what? They've noted their running costs are E17k, which would be E221k over a quarter.
I edited the post again Stu.
I'm thinking they have already restructured the debt ?
Some deal where they owe 130K per quarter!!
Seems to be some significance behind 130K ?
John Delaney!! GET OUT!!!
www.ssdg.ie
No idea where we're going to get 130k before the end of the season, unless we win the Lotto.
Ok ,this is getting a bit crazy.First they say we need to raise 130k to survive and then when we put a good hole in that suddenly another 130k is required .
what are they playing at???
Is this for real, what the f,,k is goin on. First we are told 130,000 is required. Then you hear that the figure was exaggerated, now we hear they actually need another 130,000, and all before the rest of the season.
And all we get is a few lines on the rovers website. FFS.
Manager: Fergal, have you your boots with ya?
Fergal: Ya, I have them here.
Manager: Ah good stuff, well give them to this man so, he forgot his!
That's it. As far as I'm concerned they can take a run and jump for themselves. I'm not contributing any more than I normally do for the rest of the season ie. Lotto, 400, 15 at the gate and fiver for half time raffle.
They've lost all cred with me.
What is with the figure 130k?
Just seems as though they were to lazy to mention another figure. Why have they just choosen the same figure to be raised. It will just cause confusion and by the looks of this thread it already has.
Dermot I know you read and post on this forum but whats the thinking behind the 130k? I presume that 130k doesn't need to be raised all through fundraising. That is the figure the club needs in turnover over the next 7-8 weeks I presume. Which will include Gate reciepts etc. So really what we are looking at is more of a figure in the region of 40,000 - 50,000 to be raised through fundraisers.
Could someone clarify this.
sorry to hear this Rovers fans, hope you can pull this out of the bag.
I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.
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