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

**El-Pietro** · 22/02/2010, 3:37 PM

no.

The club has been wound up this time - to be rubber stamped at 2pm tomorrow unless revenue are paid

The consortium has the money to pay the revenue ready to go, just waiting on a license in the next half an hour and it will be over.

**weecountyman** · 22/02/2010, 3:37 PM

http://www.examiner.ie/breakingnews/...ty-447284.html

Rod on NT tonight.

Love this "put your money where your mouth is" but I have to ask, is it just me or does she seem a wee bit partial to old Tom?

**John83** · 22/02/2010, 3:38 PM

Originally Posted by Leeside Swagger

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.

The postponement to the postponement of the postponement of the winding up order has been postponed.

**Dalymountrower** · 22/02/2010, 3:38 PM

Originally Posted by redgav

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

The infamous Carlisle Grounds wall?
Presumably if Cork aren`t RRS by that shower up in Dublin, Bray won`t be playing Cork in the league next season

**Jofspring** · 22/02/2010, 3:38 PM

A Stay has been put on the winding up order but not the granting of a licence so that could (should) still be gone by this evening.

**dong** · 22/02/2010, 3:38 PM

Originally Posted by redgav

Im sure the loss of all 14 Bray fans that travel to the cross will see the club go to the wall for certain this time.

Brilliant! Well done on that one.
What about the crowds Shamrock rovers would bring down?

**Longfordian** · 22/02/2010, 3:39 PM

Company has been wound up but a stay has been placed on the order until 2 tomorrow. If a licence is granted and the revenue are paid before 2 tomorrow the deal will be done and the windup order will be lifted.

Its up to the FAI now. Not a hope in hell they can grant a licence as per their own rules...but...!

FFS enough is enough, **** or get off the pot consortium, enough hedging of your bets until you see what the Licence situation is.

**dong** · 22/02/2010, 3:40 PM

Originally Posted by John83

The postponement to the postponement of the postponement of the winding up order has been postponed.

This is depressing stuff.

**Buile Shuibhne** · 22/02/2010, 3:41 PM

Just to rewind a bit.

Is the 107K still due to Revenue - Did the Ladbrokes guy get the 100k instead that TNB was supposed to have paid to Revenue from the Long transfer money?

**Roo69** · 22/02/2010, 3:42 PM

Originally Posted by Dalymountrower

The infamous Carlisle Grounds wall?
Presumably if Cork aren`t RRS by that shower up in Dublin, Bray won`t be playing Cork in the league next season

You mean the small pitch permitter wall that 250+ fans pushed against at the same time?

**harps1954** · 22/02/2010, 3:42 PM

Originally Posted by El-Pietro

no.

The club has been wound up this time - to be rubber stamped at 2pm tomorrow unless revenue are paid

The consortium has the money to pay the revenue ready to go, just waiting on a license in the next half an hour and it will be over.

What does this mean?

1. If the club are given a Premier Licence, they will pay the Revenue and the take-over will be complete.
2. If the club are given a First Division Licence, will the consortium pay the Revenue and the take-over will be complete.
3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.

Is it still a case of guns to the head of the FAI/ILC??

**Jofspring** · 22/02/2010, 3:45 PM

Originally Posted by harps1954

What does this mean?

3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.

I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.

**Dodge** · 22/02/2010, 3:45 PM

And again, if Cork are relegated this year will the Consortium walk away?

**The Lep** · 22/02/2010, 3:45 PM

Originally Posted by Leeside Swagger

A stay has been put on the winding up order until 2pm tomorrow according to newstalk. The debts have to be cleared by then.

You got to be kidding ,. If they do get a licence it should be the A championship with a 30 point reduction, with 10 points off for good behaviour at the end of the season

**Longfordian** · 22/02/2010, 3:46 PM

Originally Posted by harps1954

What does this mean?

1. If the club are given a Premier Licence, they will pay the Revenue and the take-over will be complete.
2. If the club are given a First Division Licence, will the consortium pay the Revenue and the take-over will be complete.
3. If the club are given a First Division Licence, the consortium will not pay the Revenue, the take-over doesn't go through and the club is wound up.

Is it still a case of guns to the head of the FAI/ILC??

Looks that way alright. How can the FAI justify being blackmailed into awarding a Licence?. As of this evening, nobody has been paid, no tax clearance cert.

**Dodge** · 22/02/2010, 3:46 PM

Originally Posted by Jofspring

I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.

Originally Posted by Jofspring

I would think this can't happen as the judge said either takeover or don't, no clauses. So if they don't get the licence now they can't just back out.

Except if the license isn't issued tonight, they can decide not to pay creditors tomorrow (seeing as winding up order has begun to proceed - according to above post)

**Jofspring** · 22/02/2010, 3:51 PM

Originally Posted by Dodge

Except if the license isn't issued tonight, they can decide not to pay creditors tomorrow (seeing as winding up order has begun to proceed - according to above post)

But i got the impression they agreed to takeover in the court case so that is binding and they cannot back out now. Did i miss something along the way?