QuoteCase adjourned for 2 weeks.
They should, but there will be a First Division spot available as Bray (most likely) would get the Premier Division spot from Cork City and that will leave 11 First Division teams.Originally Posted by bluewhitearmy
The other thing they could do is reduce the First Division to 10 teams and start Derry and Cork (Foras) in the A Championship!!
Up the Harps!!
Case adjourned for 2 weeks.
"Must you tell me all your secrets when it's hard enough to love you knowing nothing."
http://worddok.blogspot.com
If Cork City in it's current guise is thrown out of the league, then two slots in the league will be available {Derry's slot is currently available]. No club from the A championship has qualified for these slots through the promotion criteria so the final place could [should?] be decided based on applications to the league and governed by licencing. If the FORAS application was to meet the 1st division criteria, they should certainly be considered alongside any other applicants.
Blame the FAI for looking to create the precedent with Derry.
Cork City: Making 'Dream Team' seem realistic since 2007.
Id have nothing against Cork in First Division just thought the Deadline to apply has gone or have FORAS applied already?
FORAS have applied for a licence, members voted on it last October.
Cork City: Making 'Dream Team' seem realistic since 2007.
Payment deadlines missed,no tax cert's and not even having the licence application in on time mean that if they were to be given a licence we should all just pack up and go home.Any shread of credibility the league has would be gone.I've still not bought a season ticket for this coming season.Still waiting to see what happen's with Cork.If they are playing in the premier league this coming season then i cant justify giving the league money by buying a ticket.My heart wants to renew my season ticket for my 13th season but my head says why support a corrupt league if Cork get away with everything thats happened?
If they didn't submit a licence application, then surely they're automatically out of the Premier. Case closed, regardless of not meeting requirements etc. But if they didn't submit a licence application, does that rule them out of the 1st and A?
As for FORAS, why shouldn't they simply slip into the 1st Division, with solid finance I am 100% sure the 6 players who've been treated so badly will sign on for the challenge and within 3-4 years the club will be challenging for a spot in Europe.
Meanwhile the CCFC name will slip away, along with Tommy Boy, Rod and their cohorts.
so now tom has the best of both worlds and does not have to pay revenue until he knows the outcome of licensing
I wish i did not know then what I dont know now
Cobh's wasn't complete (I think Padraig Smith said no financial documents at all), and they got to play in the A Championship. It would be silly for the rules not to give the committee that much scope to apply their own judgement.
You can't spell failure without FAI
In fairness, the Revenue have only one responsibility*, which is to press for the course of action that gives them the best chance of getting the most money back.
The footballing consequences are only a means to an end from the Revenue's perspective.
*Ignoring that they have a moral hazard responsibility to ensure thay they are seen to be tough on defaulters, as lets face it, they don't have any credibility in this regard.
I wouldn't be so sure about that
Cork City: Making 'Dream Team' seem realistic since 2007.
Foras applied for an A Championship licence but afaik they were advised by the FAI to upgrade this application to a 1st Division licence.
I firmly believe that TNB will not be involved in a LoI club when the league starts, I think the FAI will do whatever it can to make sure this happens. Even better, so will Tom, because at this stage it would take an almighty fudge to give the club any licence. If the takeover bid fails then so will the attempt to get a licence but Foras's application would succeed. If Coughlan steps down then there's a good chance that City will stay in the prem. Personally, I'd prefer if Europe was taken off us in this scenario, both as a sanction (and warning to other clubs) but also to allow the club get its house in order without the distraction that Europe offers.
I wouldn't be so sure about that either.
Cork City: Making 'Dream Team' seem realistic since 2007.
In effect could Cork City be wound up as a club due to the Revenue situation? If that were the case then it is out of FAI hands currently.
Last edited by Scrufil; 01/02/2010 at 11:00 PM. Reason: Was going to edit but it seems the system is not posting my words correctly!
Aon, dó, trí, bhí mé i mo luí, thit mé den leaba, he! he! he!
The revenue can wind up Cork City Investments FC Ltd., the holding company.
The club trading names, Cork City FC and Cork City Football Club issued through the CRO would then become the property of the court appointed liquidator who would be charged with achieving the best price for them. The membership of the FAI is, I'd imagine, not an asset and could not be sold on. The Club crest and Rebel Army Logo, specifically the one on merchandise, not the name, are also believed to be saleable assets [not ones that would raise much cash I'd think]. Player contracts are also assets that could be sold on by the liquidator as are leases if any exist.
It would be pretty much out of the FAI's hands, but even in liquidation there's a spider's web of possible outcomes e.g. someone can approach the liquidator and committ to covering all of the debts of the company, in which case the holding company and it's assets may be resurrected, but the licencing rules are clear that this sort fo transfer of ownership can only happen in the off season and can only be sanctioned if all of the debts are cleared, so the new owners [in much the same way as new purchasers now] would still be reliant on the quality of Tom Coughlan's licence application and the willingness of the FAI to fudge.
In the event of Cork City Investments FC Limited being wound up, best case scenario FORAS have a licence application lodged [Fran Gavin and John Delaney have both complimented it as professional in recent weeks, but that might just be turning the heat up on Tom Coughlan as if to say "we have a back-up Tommy, you should sell] and if FORAS meet the criteria of A championship/1st division etc. it's up to the Licencing committee and FAI to find a place for that club. You'd expect that FORAS would start speaking with the liquidator about the options of buying the name very quickly [also, since they would be the only licence holder, they are the only people who can make any use of the trading name of a football club, at least until 2011]. I think anyone who would bid against them for the name would be 'unpopular' among Cork CIty supporters. If FORAS can get a team going, but the CLub name from the liquidator, buy/transfer membership of the club from the FAI [it's pretty much what new Derry are doing, though Cork City's chairman is less inclined to hand the name over] then Cork City FC is back competing after a brief blip.
Huge battle and undertaking ahead of people if that's the case, but with a reported membership of upwards of 400 and the expectation of at least some goodwill from the community over at least the first season, you'd hope it could be at least an improvement on recent years. Long way back, especially if startng again in the A championship, but while it's no-one's first preference, I think people are ready to start again, square one and do it properly this time, without Hedge funds and property developers with no interest in football screwing it up for an entire support base.
Cork City: Making 'Dream Team' seem realistic since 2007.
Amen to that.
"Must you tell me all your secrets when it's hard enough to love you knowing nothing."
http://worddok.blogspot.com
Couldnt agree more. Would rather that in the First Division rather then staying in the Premier with some mysterious benefactor. Had enough of that ****e to last me a lifetime.
Posted on facebook this morning
Tommy and Roddy conflict
Cork City: Making 'Dream Team' seem realistic since 2007.
same here but I'm not sure if people realise the amount of work involved in running a club. It will take a huge effort from all FORAS members and not just those on the FORAS board of management.
"Its the bad players who are the luxury not the skillfull ones"
Danny Blanchflower
Cheers tictok! I didn't expect such a detailed answer, but it does give a clear picture of how difficult a situation Cork City is in. Even though it is up to the court, with this saga it is anybody's guess as to the next twist or turn that will happen. I just hope there's not another 'Derry City' lurking on the outside that manages to overtake Cork on the post and out of the blue we find someone nobody has mentioned yet refused a licence.
Aon, dó, trí, bhí mé i mo luí, thit mé den leaba, he! he! he!
Posting Permissions
Bookmarks