"I'm an excellent chairman."
A leading authority on League of Ireland football since 2003. You're probably wrong.
I've this awful feeling TMB will manage to scrape the money together.
They always cheat, they always lie
**** Delaney and the FAI
A transient, horrible, fantastic dream,
Wherein is nothing yet all things do seem:
From which we're wakened by a friendly nudge
Of our bedfellow Death, and cry: "O fudge!"
Ambrose Bierce
Theres light at the end of the tunnel.
96FM news down here reporting that Coughlan has stepped down.
EDIT : false alarm, Coughlan said he will stepped down if requested to by the Revenue (but his lips were moving)
Last edited by razor; 31/07/2009 at 8:05 AM.
"Must you tell me all your secrets when it's hard enough to love you knowing nothing."
http://worddok.blogspot.com
"Must you tell me all your secrets when it's hard enough to love you knowing nothing."
http://worddok.blogspot.com
According to the report on Today FM this morning, Cork are set to offer in the region of €220,000 to the Revenue today and are hoping that the proposed friendly with Celtic in August or September will raise more cash, if City are in existence by then that is!
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!
Taken from our forum:
According to the Irish Star today, we're on the verge of our greatest victory ever:
- FAI have given the club a letter with an advance payment of €45,000 from league and Setanta Cup prize money
- Celtic friendly
- Tom Coughlan's political connections have proved crucial in gaining support from the FAI and the government
"Must you tell me all your secrets when it's hard enough to love you knowing nothing."
http://worddok.blogspot.com
If Cork City are just bringing forward revenue (Setanta money from FAI) or delaying expenditure (wages), how is this going to convince a judge that they are now solvent.
Any person with financial knowledge would see that this is going to cause bankcruptcy in a few weeks or months.
They are still loss making and this will continue with their current playing staff. Have they discussed large pay reductions with the players yet?
Cork need new money to pay this debt. The friendly with Celtic is a small step in the right direction.
lets not forget the reported small matter of deferred wages dues next week.
You really, really have to wonder why Coughlan didn't get his act together and make a more serious attempt to save the club earlier!
The players contracts are still there though if the club survives today, so cost cutting may not be all that easy. Still it's good to hear that those in charge at CCFC finally seem to grasp the seriousness of what's going on.
#NeverStopNotGivingUp
Last edited by Buile Shuibhne; 31/07/2009 at 9:40 AM. Reason: .
A transient, horrible, fantastic dream,
Wherein is nothing yet all things do seem:
From which we're wakened by a friendly nudge
Of our bedfellow Death, and cry: "O fudge!"
Ambrose Bierce
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