Bohs Court Case

[harps1954]

Bohs court case is on today. Some posts on the bohs forum have suggested it has gone against them. Anyone here anything else?

[Dodge]

Yeah, looks like they lost

[harps1954]

Without trying to sound stupid, what now?

[pineapple stu]

They were sueing Albion Properties, so I assume now Liam Carroll sues to stop the Dalymount deal? And he possibly stops paying E1m a year?

[pete]

They were sueing Albion Properties, so I assume now Liam Carroll sues to stop the Dalymount deal? And he possibly stops paying E1m a year?

I would assume he cancels the deal as Bohs cannot provide him with the land agreed. He would then look to Bohs to repay the millions he gave them already.

Maybe Carroll will be interested in negotiating a new deal but clearly at significantly lower numbers.

Is the redevelopment viable now? I presume the land behind the shopping centre provide access to the NCR? Is there no access on that side without the land?

[Dodge]

"Bohs win first point. Albion win the second and most important. Albion get the land"

[finnpark]

"Bohs win first point. Albion win the second and most important. Albion get the land"

what does that mean, the first deal is back on?

[OneRedArmy]

But they absolutely, positively couldn't lose out of the property deal according to those on here?

In actual fact, much like Drogs ground problems, Bohs were never going to get to Harristown once the recession hit. Carroll has much bigger problems and will be doing well to have the shirt on his back in 12 or 18 months time (Sean Dunne applying for permission to demolish Carroll's half constructed HQ for Anglo Irish on the quays being his biggest problem, amongst others). This gives Carroll the get out he needs.

The best Bohs can hope for is to still own the rest of Dalymount whenever the dust settles.

[Dodge]

This deal was for the Shopping centre end. Basically it menas it wasn't Bohs to sell to Carroll. They can still sell the rest but without that bit, and the all important access to the rest of it, its worth a whole let less. When you factor in the drop in land prices etc its far less enticing for developers.

Liam Carroll may counter sue Bohs now for the money he's already speant on land that they weren't entitled to sell. Given his recent problems, he might have no choice. I'm sure he's glad to be abel to walk from this deal anyway.

Then we add in the huge, long contracts that Bohs have for next year, and suddenly there's no way they'll be able to pay for them.

All in all, a very bad day for Bohs

[charliesboots]

yep very bad day for Bohs. Albion effectively own the shopping centre end of Dalymount now and Carroll will more than likely be pulling out of the deal and looking for his money back.

[Longfordian]

The legal costs will be significant too. Presumably costs were awarded against Bohs too?.

[hoops1]

Bohs lost?
But Bohs are INVINCIBLE!

[Mr A]

So right- let's assume Bohs do not get their €1m for this year. So they've busted the wage cap completely right. So what happens next...

[micls]

Another bad day for the league.

[Jofspring]

So right- let's assume Bohs do not get their €1m for this year. So they've busted the wage cap completely right. So what happens next...

Uh oh

[Dodge]

Another bad day for the league.

I don't agree with this at all. Bad day for Bohs

[Schumi]

So right- let's assume Bohs do not get their €1m for this year. So they've busted the wage cap completely right. So what happens next...

That'd be the least of their worries if they have to pay back the €1m for all the other years.

[dfx-]

Oh dear. What a terrible shame.

[finnpark]

Are people telling me that Bohs were signing players with money they didn't have?

Is there people this stupid in charge of businesses and football clubs?

[noby]

That'd be the least of their worries if they have to pay back the €1m for all the other years.

How many 'other years' exactly?