In the past weeks the FAI have:
* Put forward a rescue package for Cobh (albeit rejected by their members)
* Helped stop the budgetary madness at Harps by vetoing a budget that could well have sunk the club unless last year's mess is cleaned up first.
* Intervened in Drogheda's negotiations with the PFAI and are to act as guarantors for repayments from DUFC.
For all people tend to blame them for what is wrong in the league at the moment they are doing a decent job of trying to save the clubs from themselves.
#NeverStopNotGivingUp
Fair play to the FAI??? Drogheda spent millions they didn't have, reneged on wages and now the FAI are going to support this type of financial mis-management by underwriting a pathetic wage settlement. This is an absolute disgrace to be honest. Where were the FAI when Shels reneged on wages? Nowhere. And we paid every cent back. This just sends out the message that it's ok to rack up a pile of debt. Sure you won't even be slightly punished. We'll even pay your staff for you.
The FAI paid your transfer fees for you; what's the difference?
Not in charge of the league at that stage for a start. And the FAI are not supporting financial mismanagement, they're trying to prevent it at Harps and in the case of Drogheda and Cobh save themselves from the consequences of it.Originally Posted by LeixlipRed
And I really have no idea what Shels have to be bitter about, I still don't think anyone has topped the follies committed at Tolka. At least DUFC had some small chance of their stadium coming off and the whole thing working out.
And didn't the FAI attempt to help Shels get into Dalymount BTW?
#NeverStopNotGivingUp
No comment on the Drogheda situation Stu? Or is it just an anti-Shels thing when you moan about finances?
How are the FAI trying to prevent financial mis-management by promising to underwrite a derisory offer on reneged wages? Debts that were accrued through overspending of Shels like proportions? It just continues the boom and bust cycle.
I've commented plenty of times on the Drogheda situation.
I agree with you that the FAI shouldn't be giving the club money (I still think the Revenue debt will see the club wound up, so the FAI will be called on to guarantee the wages), and that they should have stepped in a lot earlier. I also don't think their actions (bar in Harps' case) constitute, as Mr A said, saving the clubs from themselves. I think it's just giving the example that it's OK to go bankrupt. But I also think your whining is blinkered at best, and I wanted to highlight one fact which you ignored.
I think you'll find that Stu may have hazarded the odd comment on the DUFC situation.
And I don't think there's a chance that Drogheda will return to the same sort of spending as before.
#NeverStopNotGivingUp
I think if they're wound up the players get nothing and the FAI won't have to pay anything, although I may be wrong.
In the DUFC and CRFC cases the FAI are attempting to save two clubs who have brought themselves to the brink by overspending. While that can be seen as rewarding their failure, I think it's better to try to keep the clubs in existence where possible.
#NeverStopNotGivingUp
I've also heard that the FAI have refused to sanction some club budgets as they thought they were overly optimistic
Good news
54,321 sold - wws will never die - ***
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Possibly, though it can pee off clubs who don't get any money even though we do everything right.
Vetoing budgets I've no problems with. Should have been done a long time ago. Dublin City budgeting for 1500 attendances springs to mind.
Shels fans will NEVER be in any position to pontificate to supporters of other clubs about financial matters.
Back to the topic in hand - I agree with the majority - the FAI are trying to be proactive with regards to future budgets - which is a good thing
Kom Igen, FCK...
How very thatcherite of you
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Typo, actually. Edited part of my post as an afterthought, but forgot to run through the whole sentence. But I like it that way now.
The FAI taking action to protect the clubs from themselves is a sensible move but to offer to pay back a clubs debts is not.
BTW when Kilkenny were in trouble what help was offered to them?
What a load of bombastic bullsh*t
Look at who's pontificating now :!:
Shels fans are just as entitled to post here and offer their views - as are fans of all clubs.
Eh, wasn't licencing supposed to stop this happening in the first place?
Yeah, pat on the back to the FAI for shutting the stable door...
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
cant blame the FAI they didnt run the league then
Whatever about $hel$ fans in general,
you certain shouldnt with all the crap you posted here
and on the $hel$ forum that there was nothing wrong with what Oillie Byrne
was doing to the club. Complete rubbish from you as usual.
Exactly Gary.
The League was the clubs back then, and they had no interest in saving their fellow clubs.
As for Stu's point of being unfair on the other clubs, yes, it probably does introduce moral hazard but its a bit like bailing out the banks, its unavoidable if we still want football to continue. And like the banks, those involved in misrunning clubs should be prohibited from being involved in future.
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