Petition to wind up: Cork City Investment FC Ltd

**adamd164** · 14/05/2009, 11:00 AM

Originally Posted by Maribor

Adam,

I know Cork people think they are special and it may shock you, but the rest of the country have also learnt to read at this stage. Therefore underlining sections of the statement is completely unnecessary.

The analysis of the situation presented by several posters on this thread already still stands, irrespective of your underlining.....Sure email that into Revenue, I am sure they will dismiss the petition on the basis of your Ctrl+U work

No, I don't think the point has been addressed actually. All previous posters have said that the examiner must therefore have hidden information from Coughlan... but Coughlan didn't claim to have been presented with an inaccurate picture of the finances. The statement explicitly says that projected income has fallen short and hence the issues regarding payments.

btw, Derry isn't in Ireland.

**pineapple stu** · 14/05/2009, 11:04 AM

Originally Posted by adamd164

btw, Derry isn't in Ireland.

Yes it is.

Any chance you can debate like a grown up? Or at least not like a ten year old?

**Dodge** · 14/05/2009, 11:06 AM

Additional tax liabilities subsequently emerged which result from the club�s previous ownership, and the club is currently addressing this matter with Revenue in a bid to bring the issue to a swift and successful conclusion. The fact that these liabilities have arisen subsequent to the Examinership is an issue which the club intends to pursue with the Examiners. The club�s legal and financial advisers intend to meet with the Revenue as a matter of urgency in order to come to an agreement with regard to our current tax liabilities.

In fairness adam, that reads to me that Cork/Coughlan are blaming the Examiner for not spotting these "additional tex liabilities".

I honestly can't see how these "liabilities" could have come to light following examinership, considering how involved Revenue were in the examinership

Someone, somewhere is lying, and I'd bet every penny I had that it isn't Revenue

**p�l-dcfc** · 14/05/2009, 11:10 AM

Originally Posted by Dodge

"additional tex liabilities".

Now, now Dodge, no need to take the **** out of the Cork accent...

**adamd164** · 14/05/2009, 11:10 AM

Originally Posted by pineapple stu

Yes it is.

My post was in reference to the term 'country'. "Ireland", as a country, occupies 5/6ths of the island of Ireland. The "Republic of Ireland" then is just the description of this state.

But you're right, I digress...

**p�l-dcfc** · 14/05/2009, 11:12 AM

Originally Posted by adamd164

My post was in reference to the term 'country'. "Ireland", as a country, occupies 5/6ths of the island of Ireland. The "Republic of Ireland" then is just the description of this state.

But you're right, I digress...

And you're a ballbag. I've no idea why people on here constantly go on about this. As I've said on anoter thread, it's not that funny when you consider the thousands of people who have died over the matter.

**pineapple stu** · 14/05/2009, 11:27 AM

Originally Posted by adamd164

My post was in reference to the term 'country'. "Ireland", as a country, occupies 5/6ths of the island of Ireland. The "Republic of Ireland" then is just the description of this state.

But you're right, I digress...

Your point was no more than retarded trolling. Trying to back yourself up is doubly so. Get over it.

**MariborKev** · 14/05/2009, 12:04 PM

Originally Posted by adamd164

btw, Derry isn't in Ireland.

Where did I say that it was

. I'm on record as to my view in the superior education system north of the border. Perhaps I overestimated the reading ability of Cork people.

I'm with Dodge on this one. If the statement had merely stated that projected income had fallen short and that was the reason, I'd agree with you. However the paragraph quoted by Dodge is the key one. If there was no issue with the Examiner's work, why mention it.

**Mr A** · 14/05/2009, 1:09 PM

That's the odd thing about the statement.

If it's all the examiners fault, why mention that income has not been as expected? If the problem is that the money isn't there, why bring in the examiner (and why throw away the gate from a league game)?

**Mr A** · 14/05/2009, 1:13 PM

**pineapple stu** · 14/05/2009, 1:16 PM

Good to see Fran Gavin prattling on about Cork's great league position and how they could actually go top on their own tomorrow. What planet is he on?

**Mr A** · 14/05/2009, 1:16 PM

What the hell is Gavin on about? His comments there just give further ammunition to those that feel the authorities have wildly variable attitudes depending on whether you're one of the top clubs or not.

**Mr A** · 14/05/2009, 1:28 PM

Despite the fact that everything was already in the crapper when he took over....

**seand** · 14/05/2009, 1:33 PM

Have to say I don't understand Cork's point about new unexpected liabilities coming up from the pre-examinership era. Are they really claiming that Revenue are ignoring their mutual examinership settlement and are now chasing "additional tax liabilities [which have] subsequently emerged which result from the club�s previous ownership"??

I was under the impression that creditors (Revenue included) had to come to an agreement during examinership and could not subsequently claim debts from pre-examinership. So it seems to break down to a question of whether Revenue are ignoring the legalities of the examinership process or Cork City are lying about their finances again.

**Calcio Jack** · 14/05/2009, 1:38 PM

if i was a betting man I'd bet

(1) Coghlan has today reveived by registerd post a letter from the Examiners solicitors demanding that he retracts the referecnces made concerning matters arising subsequent to the examinership...or the examiner will seek legal redress

(2) The Revenue are seking to wind Cork up because they haven't since the completion of the examinership received any paye or vat payments from Cork City.....

**Longfordian** · 14/05/2009, 1:39 PM

No, no it's all in hand. Tom Coughlan told Fran Gavin this. A verbal guarantee no less.

**Partizan** · 14/05/2009, 1:49 PM

The C�wkies will blame everyone except themselves.

They came out of Examinership after giving an explicit gurantee of paying any outstanding monies owed. Instead of cutting their cloth they went out, got a cheque book manager and signed new players.

Really if they go tits up, they have no one to blame only themselves.

**Ezeikial** · 14/05/2009, 3:52 PM

Originally Posted by Partizan

Instead of cutting their cloth they went out, got a cheque book manager and signed new players.

Hard to argue with when you reflect on the signings :
Cork City
Manager: Paul Doolin
Ins
Davin O'Neill (Cobh Ramblers)
Dan Connor (Drogheda Utd)
Fahrudin Kuduzovic (Drogheda Utd)
Billy Dennehy (Derry City)
Stephen O�Donnell (Bohemians)
Shane Duggan (UCD)
Robert Mezeckis (FK Riga)
Guntars Silagailis (FK Riga)
Greg O'Halloran (Cobh Ramblers)

**pete** · 14/05/2009, 4:06 PM

Originally Posted by Ezeikial

Hard to argue with when you reflect on the signings :
Cork City
Manager: Paul Doolin
Ins
Davin O'Neill (Cobh Ramblers)
Dan Connor (Drogheda Utd)
Fahrudin Kuduzovic (Drogheda Utd)
Billy Dennehy (Derry City)
Stephen O’Donnell (Bohemians)
Shane Duggan (UCD)
Robert Mezeckis (FK Riga)
Guntars Silagailis (FK Riga)
Greg O'Halloran (Cobh Ramblers)

A bit selective.

Outs
Darren Murphy (Stevenage Borough)
Gareth Cambridge (St Mary's)
Liam Kearney (Derry City)
Mick Devine (Waterford Utd)
Lawrie Dudfield (Chelmsford City)
Colin O'Brien (Retired)
Darragh Ryan (St Pat's Ath)
Sean Kelly (Galway Utd) *Loan*
Colm Carroll (Limerick FC)

Doesn't include George O'Callaghan, Brian O'Callaghan, Dave Mooney & John O'Flynn who all left in the middle of last season.

**LeixlipRed** · 14/05/2009, 4:09 PM

It's clear from Fran Gavin's comments that the FAI are willing to commit Fudge XI: The Final Fudge to the big screen. Gavin's position is totally untenable. He has to go.