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

**Mr A** · 22/02/2010, 10:47 AM

The thought just occurred to me that since at least one of the lads in the consortium with FORAS are creditors too, they could actually object in order to increase the pressure on Coughlan.

**Mr A** · 22/02/2010, 10:50 AM

It would seem that despite being paid the revenue are still very unhappy.... I guess having to get winding up orders every time to get money is getting up their noses.

**Dodge** · 22/02/2010, 10:54 AM

Prsumably there's a cost to issuing a request for winding up orders (and costs associated with nmot getting payments regularly)

**tippex** · 22/02/2010, 10:57 AM

Originally Posted by Mr A

It would seem that despite being paid the revenue are still very unhappy.... I guess having to get winding up orders every time to get money is getting up their noses.

Id imagine that the revenue would be of the opinion that they will be back here in 3 months time looking for their money owed so would be better off winding them up and letting foras start from scratch.
I wouldnt be surprised if the 2 lads in the consortium also objected as if they get wound up then foras get the license in the first. However if they dont get wound up there is still a good possibilty that TNB would get a license and everyone loses.

**Longfordian** · 22/02/2010, 10:59 AM

Could be pressure being put on him by the consortium indirectly, if he does the deal the objections may be withdrawn.

**tiktok** · 22/02/2010, 11:10 AM

The primary and noteworthy objection has not come from a member of the consortium.

**tippex** · 22/02/2010, 11:12 AM

Originally Posted by tiktok

The primary and noteworthy objection has not come from a member of the consortium.

Mr. ex-manager? knowing it would be better having Bray in the premier than Cork for his own current clubs chances of staying up?

**James** · 22/02/2010, 11:21 AM

one of the No Bobs has hardly objected to the revenue being paid ahead of him / her non as a "creditor"

surely thats not possible is it

**Leeside Swagger** · 22/02/2010, 11:23 AM

Its been put back to the second call, we wont know until after lunch. Theres something about the money that was paid to the revenue was owed to someone else. Its a bit vague i know, will post more if i hear it.

**Mr A** · 22/02/2010, 11:26 AM

O'Keeffe is claiming that the Long money should have gone to him, not the Revenue, on foot of a loan given to TNB by him, thats why the Revenue are so upset apparently!

Jeepers.. TNB sure can screw things up!

**pineapple stu** · 22/02/2010, 11:28 AM

Just on the new chairman, the lawyer. If TNB survives today in court, he'll presumably be denied a licence. Will the lawyer then start suing the FAI on behalf of CCIFL, holding up the start of the season? I don't see any real reason for bringing in a temporary head man, given they already have that Meaney chap?

Best case scenario has to be the courts end it all rather than the FAI.

Edit - if that O'Keeffe stuff is true, it has to be the end in the next hour or so.

**Dodge** · 22/02/2010, 11:29 AM

If nothing comes of this, at the very least, Cork fans will be able to all pass their accountancy and legal exams without years of study like the rest of us

**James** · 22/02/2010, 11:32 AM

Originally Posted by Dodge

If nothing comes of this, at the very least, Cork fans will be able to all pass their accountancy and legal exams without years of study like the rest of us

honourary degrees for the FORAS BOM anyways..
Dr Ticktok

**derm** · 22/02/2010, 11:33 AM

Originally Posted by Mr A

Jeepers.. TNB sure can screw things up!

A case of chickens coming home to roost more like.

**Longfordian** · 22/02/2010, 11:35 AM

Just out of curiosity this O'Keefe loan, was it ever declared to the consortium or uncovered during the due diligence? Would it be even more debt in the unlikely event Tom were to do the deal?.

**redgav** · 22/02/2010, 11:36 AM

Originally Posted by Dodge

If nothing comes of this, at the very least, Cork fans will be able to all pass their accountancy and legal exams without years of study like the rest of us

hahaha

**tippex** · 22/02/2010, 11:36 AM

I hope someone has been writiing a script for all the goings on coz it could well be a blockbuster at this stage.

**James** · 22/02/2010, 11:45 AM

Originally Posted by tippex

I hope someone has been writiing a script for all the goings on coz it could well be a blockbuster at this stage.

no one would believe it

**weecountyman** · 22/02/2010, 11:51 AM

If it's a blockbuster, will it have a happy but devastating ending (a la 2012 or The Day After Tomorrow), or like Titanic will it slowly slip into the Lee. I had a vision that would be great to do - the final scene when they're counting bullets from Butch Cassidy and the Sundance Kid, photo shop in Tom and Liam and you've a brilliant post!