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Thread: Cork City denied a licence; club to be wound up; FORAS to enter First Division

  1. #2241
    Reserves juan's Avatar
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    Quote Originally Posted by tiktok View Post
    It'll be a lot worse for him about 9 hours from now.
    Interesting day ahead!
    Political Rebel alluded to the same thing on our forum. Is he going on 96?
    Good evening!

  2. #2242
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    Quote Originally Posted by Longfordian View Post
    How much worse could it get for him really? Is Delaney sending around a couple of pipe hitting heavies?.
    Two words... The Viper!
    Good evening!

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    Roddy would probably know the Viper, he'll be grand.
    Upwards to the vanguard where the pressure is too high.

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    From the Irish Examiner



    I’m retarding progress, says Cork chief Coughlan

    By Liam Mackey
    Friday, January 29, 2010

    TOM COUGHLAN says that the "primary reason" for his stated intention to step down as Chairman of Cork City is to help ensure a viable future for the club.

    However, the FAI have described Coughlan’s move as "too little, too late".

    Today is deadline day in the club licensing process for next season, although it’s understood that Cork have appealed for an extension which would give them until the middle of next week to supply audited accounts. Club licensing rules require that all outstanding debts – believed to be over €300,000 in Cork’s case – need to be settled today, but in the event that they are not the independent committee could still award City a licence if they are under new ownership by the time the body makes its final decision in the middle of next month.

    Late last night, players and staff at the club announced that there will be a press conference this morning in the Maryborough House Hotel at which Coughlan will be asked to "walk away from the club".

    Announcing his decision to step down as chairman yesterday, and also confirming that he will relinquish ownership if current takeover talks prove successful, Coughlan told the Irish Examiner: "I’d become a lightning rod for controversy and I don’t want to stand in the way of progress at Cork City. I’ve made a huge personal and financial sacrifice and committed a lot of time and energy to the club but, at this stage, I’m retarding progress and I think the best thing I can do is step down."

    Confirming the news, the club released a statement saying that it would shortly appoint an interim chairman to oversee the proposed takeover of the club and ensure its strategic development.

    However, the FAI – who have repeatedly called for Coughlan to step aside – seemed distinctly unimpressed by the latest development. In a statement the association said: "Rather than talking of stepping down as chairman of Cork City FC, Mr Coughlan should immediately relinquish ownership of the club and allow in the parties who have expressed an interest in taking Cork City forward. These parties made their interest clear to Mr Coughlan many months ago, yet nothing has happened. Gestures at the 11th hour when it could be too late to rectify next season are too little, too late."

    Coughlan’s announcement came a day after he lost in his High Court effort to overturn a 12-month FAI ban.

    Ahead of today’s club licensing deadline, Coughlan said officials at Cork City were "working ‘round the clock to ensure everything is in order" but he also said that any proposed takeover could take a couple of weeks to finalise. The takeover talks involve a consortium headed up by businessman Michael O’Connell with input from Jim McCarthy of the finance management company Quintas.

    "This isn’t going to happen overnight," Coughlan said yesterday, "but I’m hopeful that the interim chairman will be able to bring the takeover to a successful conclusion."

    Commenting on the failure of his legal challenge to the FAI ban, Coughlan said that he had to accept the decision of the High Court.

    "I still can’t fathom the severity of the penalty after I’ve worked 24 hours a day and eight days a week since I took over at the club," he said. "Bemused would be the best way to sum up my feelings. To me, it was a populist move by the FAI. The structures of the league are the problem, not just Tom Coughlan."

    Coughlan said that, with a streamlined budget, he believed the club was in a "healthy situation" going in to the season and added that he would depart Turner’s Cross having given his best to the club.







    "Garlic bread - it’s the future, I’ve tasted it."
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  5. #2245
    First Team Mayo Red's Avatar
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    Quote Originally Posted by Onefootednopace View Post
    "I’ve worked 24 hours a day and eight days a week since I took over at the club"
    There's the problem, proof if any more were needed that TNB is sh1te with numbers!!
    The fight is won or lost far away from witnesses - behind the lines, in the gym, and out there on the road, long before I dance under those lights.
    Muhammad Ali

    Roy Keane is still a pri*k!

  6. #2246
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    Press conference 10.30 am by players and staff who will demand Coughlan steps down.
    There are claims they'll go on strike if he doesn't.
    Should have happened months ago.

    You can follow it on www.96fm.ie on the Neil Prendeville show this morning.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by tiktok View Post
    Press conference 10.30 am by players and staff who will demand Coughlan steps down.
    There are claims they'll go on strike if he doesn't.
    Should have happened months ago.

    You can follow it on www.96fm.ie on the Neil Prendeville show this morning.
    If I were a Cork fan I'd be rather worried. No doubt Roddy's hand is in this somewhere, he's plugging friends in Dublin to rustle up cash to take a controlling share of his club now that his "Russian backers" have been found not to have returned any of his calls.

    I'm tempted to feel sorry for Tom but for his 3 card trick mentality. This is a completely GUBU situation.

  8. #2248
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    Quote Originally Posted by weecountyman View Post
    If I were a Cork fan I'd be rather worried. No doubt Roddy's hand is in this somewhere, he's plugging friends in Dublin to rustle up cash to take a controlling share of his club now that his "Russian backers" have been found not to have returned any of his calls.
    I really don't think Roddy is in the frame to purchase a stake in the club at all, even if he had the readies, one of the legacy debts would be to a rival bidder who could instantly wind up the holding firm if he wanted to.

    Licencing deadline today.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Players and staff issued a statement giving 10 grounds for wanting Tom out now.
    some of which are

    • constantly reneging on payments to players and staff
      (Players now have no wages since Nov14th 2009 and some staff are owed wages since July 2009.)
    • club doctor not paid in over 2 years
    • alienating sponsors
    • constant litigation


    never a dull moment, press conference at 10.30.
    better late than never.
    "Must you tell me all your secrets when it's hard enough to love you knowing nothing."

    http://worddok.blogspot.com

  10. #2250
    Godless Commie Scum
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    Quote Originally Posted by razor View Post
    Players and staff issued a statement giving 10 grounds for wanting Tom out now.
    some of which are
    Pretty much the same criticism of the players and staff as the FAI made of TNB - too little too late. Why wait until Licencing decision day, given the time periods without pay?
    If you attack me with stupidity, I'll be forced to defend myself with sarcasm.

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    Quote Originally Posted by tiktok View Post
    I really don't think Roddy is in the frame to purchase a stake in the club at all, even if he had the readies, one of the legacy debts would be to a rival bidder who could instantly wind up the holding firm if he wanted to.

    Licencing deadline today.
    I agree with you tiktok, Roddy did the same thing in Malta, all these investors lining up to take control. Maybe I misheard, but at the time he was taking over in Malta he brought one of his sidekicks, John O'Connor, with him in "invest", which never happened, and now this same man was down in Cork with him last week. The "Russians" he approached while still in Malta and tried to convince them to join him in Cork, the week BEFORE he left the club (this was one of the real annoyances for the Maltese according to my buddy in HSBC). I just feel he'll still be trying to get a stake somehow, and if he does.....

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    Interesting on 96fm, the assistant manager there but no Roddy. And staff other than "close associates" of Coughlan.

  13. #2253
    International Prospect micls's Avatar
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    Players wont play while Coughlan is owner, even if they are paid.

  14. #2254
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    Quote Originally Posted by micls View Post
    Players wont play while Coughlan is owner, even if they are paid.
    except for tonight, they'll play tonight as its a fundraiser but they won't play any competetive games.
    "Must you tell me all your secrets when it's hard enough to love you knowing nothing."

    http://worddok.blogspot.com

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    Is that including the players Roddy has brought in/lined up or just the ones already under contract?.
    Upwards to the vanguard where the pressure is too high.

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    International Prospect micls's Avatar
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    Quote Originally Posted by Longfordian View Post
    Is that including the players Roddy has brought in/lined up or just the ones already under contract?.
    I presume those under contract.

    We cant sign anyone else cos of the embargo so the rest of the lads are just training and couldnt play competitively anyway

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    Fair enough. Even Tom has to see sense soon, can't understand why he doesnt just announce that he's agreeable to the takeover pending formalities. Nobody seems to have any idea where he put in all this money.
    Upwards to the vanguard where the pressure is too high.

  18. #2258
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    Quote Originally Posted by bellavistaman View Post
    I heard some1 on 96fm mentioned Cork Ramblers, any truth in that?? Dont know what to make of that one really.
    That was just Coughlans gimp Meaney saying the FORAS licence cannot be used for a club called Cork City and pulled another name from his home in cloud cuckoo land.
    "Must you tell me all your secrets when it's hard enough to love you knowing nothing."

    http://worddok.blogspot.com

  19. #2259
    Biased against YOUR club pineapple stu's Avatar
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    Probably part of the reason he's so opposed to a due diligence.

  20. #2260
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    Is it true that Meaney [Cork City Licencing Officer as I understand it] publicly admitted on 96FM that the licence application would not be ready for the deadline?
    Cork City: Making 'Dream Team' seem realistic since 2007.

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