Drogs' Court Case

[Mr A]

Their court hearing is going well according to posts on Drogs forum. Looks like they will survive.

[Dodge]

Their court hearing is going well according to posts on Drogs forum. Looks like they will survive.

I doubt anyone is celebrating yet. Fingers crossed for them though

[Ash]

Ruled in favour of Drogs according to their messageboard

[pineapple stu]

Was on their messageboard during the week that their proposed budget for 2009 was cut from E500k to E250k. I assume that was what the judge was looking for last week when she adjourned.

Have the Revenue had their say yet? Can't imagine they're too happy with this continuing to happen in the current climate.

[Mr A]

Revenue did not object. Very strange.

[micls]

Revenue did not object. Very strange.

Yeah I thought the same. They must just not like us given that Drogs owed them more...

Congrats lads, its a great feeling.

[Dodge]

I'd assume have revenue have got the idea that clubs simply can't give them anymore. PLus it'll look bad to see Revenue actively wanting companies to close down...

Good news for Drogheda, lets hope they sort themselves out

[Jersey Cow]

Delighted for the Drogs, hopefully a harsh lesson learned!

[pineapple stu]

Good news for Drogheda, lets hope they sort themselves out

+1
...

[carrickharp]

Glad to hear you survied Drogs.

[micls]

Hoey saying they are a premier division club for next year.

Presume that means they ahve sorted united Park or somewhere else to play?

[iceman]

Revenue adopted a neutral stance. Had to be pressed by the judge if they were objecting. They replied with one word - ...No.

[shep]

Delighted for you,and for Vincent Hoey,regardless of what people think of the way things went,Vincent is a true fan who has pumped personal money in for years,i have had the fortune to know him through work for the last 7 years.Congratulations...Now for the premier licence and the return of the Louth derby!!!

[garyderry]

Revenue adopted a neutral stance. Had to be pressed by the judge if they were objecting. They replied with one word - ...No.

were will you guys be playing next season?

[Buile Shuibhne]

Some questions:

Media reports say that Drogs had debts of over 700k, but that supporters/the club fundraised over 300k?

How much of the 300k is hard cash in the bank and how much is based on 'pledges'?

How much is being paid out to creditors including the Revenue?

IIRC the playing are getting 90k now, with more to come further down the road? Have the players actually been paid the 90K now - or in the next couple of days before Jan 31st deadline?

What's the total amount of the write-off after all creditors' settlements are totted-up?

[pete]

Have the Drogs Directors resigned yet?

[Dodge]

All questioned will be answered in tomorrow's papers as the court preceedngs aren't in camera.

or at lest the details of previous clubs have been published (ROvers, Cork)

[charliesboots]

Some questions:

Media reports say that Drogs had debts of over 700k, but that supporters/the club fundraised over 300k?

How much of the 300k is hard cash in the bank and how much is based on 'pledges'?

How much is being paid out to creditors including the Revenue?

IIRC the playing are getting 90k now, with more to come further down the road? Have the players actually been paid the 90K now - or in the next couple of days before Jan 31st deadline?

What's the total amount of the write-off after all creditors' settlements are totted-up?

Get yourself down to the High Court central office and bespeak the file Fintan

[manic da hoop]

Media reports say that Drogs had debts of over 700k, but that supporters/the club fundraised over 300k?

How much of the 300k is hard cash in the bank and how much is based on 'pledges'?

How much is being paid out to creditors including the Revenue?

The Examiner's fees alone would be close enough to that figure, if the Rovers settlement is anything to go by.

[SeanDrog]

Some questions:

Media reports say that Drogs had debts of over 700k, but that supporters/the club fundraised over 300k?

How much of the 300k is hard cash in the bank and how much is based on 'pledges'?

How much is being paid out to creditors including the Revenue?

IIRC the playing are getting 90k now, with more to come further down the road? Have the players actually been paid the 90K now - or in the next couple of days before Jan 31st deadline?

What's the total amount of the write-off after all creditors' settlements are totted-up?

Oh great endless nit picking on its way. Aren't we in for treat.

Dorgs enter examinership and judge is satisifed with efforts etc and allows them out of examininership, creditors all agree to terms and life goes on - all legal and as per due process.

But hey this is Ireland there has to be some detail in there to moan about - conspiracy, conspiracy I tell ya ....