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Thread: Fair Play to the FAI

  1. #121
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    Quote Originally Posted by Macy View Post
    I have to stay I'm genuinely surprised that shels continue to draw down the Tolka money for day to day spending. It's quite shocking really.
    I'd be surprised if we did too.

    Without going into exact figures the money Shels are spending includes creditors from before the 2007 season. In order to service some of these debts and keep a club going that had a chance of promotion some money was drawn down.

    Stu still has no idea what the debt was in 2006 what the debt was in 2007 or what the debt was after 2008.

    Shelbourne FC Ltd making a loss in one year means nothing in itself.

    Stu has no figures to back up his overspending claim from 6 months back. Long before any statements from the club predicting a loss for this year (not confirmed as 70k either!)..
    John Delaney!! GET OUT!!!
    www.ssdg.ie

  2. #122
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    Quote Originally Posted by higgins View Post
    I'd be surprised if we did too.

    Without going into exact figures the money Shels are spending includes creditors from before the 2007 season. In order to service some of these debts and keep a club going that had a chance of promotion some money was drawn down.

    Stu still has no idea what the debt was in 2006 what the debt was in 2007 or what the debt was after 2008.

    Shelbourne FC Ltd making a loss in one year means nothing in itself.

    Stu has no figures to back up his overspending claim from 6 months back. Long before any statements from the club predicting a loss for this year (not confirmed as 70k either!)..
    The phrase Pineapple used was 'overspending from the sale of Tolka'. In your message quoted above you tell us that Shels are both making a loss of about 70k and drawing down money from the sale of Tolka.

    Pineapple's statement has been shown to be entirely correct.

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