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Thread: Stephen Kenny signs contract with 'new' Derry City

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    First Team cheifo's Avatar
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    Lets all do it. Wipe our huge debts(thanks former Directors and Paul Hegarty) clean and start afresh. A league will do us fine for a year. Small price to pay for a new debt free future.

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    Reserves Louth4sam's Avatar
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    Quote Originally Posted by GM11 View Post
    Happens in business every day - new club new board - why should they be saddled with the previous lots debt

    would you rather we had no team next year in derry and that the fans payed back the mindless debt of a calamitous few people.
    In fairness thats a crock of ****. What would stop all clubs just building up a load of debt, change board members, folding and recreating debt free in the first division?
    Derry are being paid the equivalent of 500k+ (clearing debts) to spend a season in the first division. How many clubs would turn that kind of money down? I like Derry as a club and hope that hope things work out in the long run but this seems like rewarding rather than punishing Derry.

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    Quote Originally Posted by OneRedArmy View Post
    Read the quote again.

    The "assumption" was then used as a "fact" in the next sentence to lambast us for something that it actually very unlikely.

    FWIW I really can't see how we can go full-time based on the budget numbers that are being bandied around.
    I guess he was going on the assumption that Kenny probably would have gotten better offers to manage other clubs asides from Derry, although I could be wrong..

    After all the financial turmoil Derry had last year I really can't see them being full time again but one would have to assume they're fairly confident of being in the first division next season if Kenny was willing to sign on...

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    Fair play to Stephen Kenny could probably walk in to any LOI club with a vacancy, LOI has been short of people with loyalty within their clubs, have to admire his decision to stay and drop a league and more and likely go with a part-time set-up.
    Best of luck to Derry in the 1st division.

  5. #25
    FORMERLY: City till I Die Aaron's Avatar
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    Quote Originally Posted by Louth4sam View Post
    In fairness thats a crock of ****. What would stop all clubs just building up a load of debt, change board members, folding and recreating debt free in the first division?
    Derry are being paid the equivalent of 500k+ (clearing debts) to spend a season in the first division. How many clubs would turn that kind of money down? I like Derry as a club and hope that hope things work out in the long run but this seems like rewarding rather than punishing Derry.
    You se this part gets me. Why do people assume we will go up straight away. We havn't even got a team of players yet, so how can you say we will go straight back up?

  6. #26
    Football hure MariborKev's Avatar
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    Sorry for the shouting.

    WE DON'T A LICENCE AND WE HAVE MILES TO GO BEFORE WE ARE IN THE POSITION TO GET ONE
    Tifo poles, sausage rolls and a few goals.

    The Brandy Blogs, back and blogging the 2010 season

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    FORMERLY: Harpsbear Mad Moose's Avatar
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    Quote Originally Posted by cheifo View Post
    Lets all do it. Wipe our huge debts(thanks former Directors and Paul Hegarty) clean and start afresh. A league will do us fine for a year. Small price to pay for a new debt free future.
    Easy easy Cheifo. Lets at least be organised about this lest we have a very congested 1st Division.

    I don't get it at all. How has the decision been reached that as an entirely new entity Derry City (presumably still the clubs name) get to play in the 1st Division. Whats the basis for the FAI's decision?

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    Reserves Louth4sam's Avatar
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    Quote Originally Posted by City till I Die View Post
    You se this part gets me. Why do people assume we will go up straight away. We havn't even got a team of players yet, so how can you say we will go straight back up?
    Massive fan base, no debts and new board with new contacts. I would be shocked if Derry hadn't the highest wages in the 1st division next season and probably higher than a few teams in the premier. Can't see Bray being up to much next season so that just leaves a two horse race with Shels.

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    International Prospect Dunny's Avatar
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    Waterford also.
    Cumann Peile Dún Dealgan - Champions 2015 (too many accolades to be typing)

    Termonbarry Athletic TID!

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    Football hure MariborKev's Avatar
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    Quote Originally Posted by Harpsbear View Post
    I don't get it at all. How has the decision been reached that as an entirely new entity Derry City (presumably still the clubs name) get to play in the 1st Division. Whats the basis for the FAI's decision?
    Where is the link to this "decision"?

    The new steering committee have yet to even make a licence application.
    Tifo poles, sausage rolls and a few goals.

    The Brandy Blogs, back and blogging the 2010 season

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    FORMERLY: Harpsbear Mad Moose's Avatar
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    Quote Originally Posted by MariborKev View Post
    Where is the link to this "decision"?

    The new steering committee have yet to even make a licence application.
    This is the thing Kev. All the talk is of demotion as opposed to expulsion and surely if an application for licence is to be made its an application to participate in the A League as in starting afresh. Is there such a confidence about Derry (hi) that though they have fouled badly in their own yard that they are too big not to participate and that they will at leat make the 1st division.

    Like you I don't see any of that as possible. I'd be more concerned about a licence application than I would securing a manager on contract.

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    International Prospect Martinho II's Avatar
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    From reading the piece on Stephen Kenny on bbcs website they seemed to have forgotten that Stephen managed us in the first division between 1998-99 and 99-00 seasons!
    Gary Cronin is he the right man to manage Longford Town?

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    First Team Dillonman's Avatar
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    Quote Originally Posted by City till I Die View Post
    You se this part gets me. Why do people assume we will go up straight away. We havn't even got a team of players yet, so how can you say we will go straight back up?
    Hey you cant use that excuse, we havnt even got a team, well a golaie and ye have a manager so Id say ye are better off!

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    First Team Dillonman's Avatar
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    Quote Originally Posted by Dunny View Post
    Waterford also.
    Yeah have re-signed about 8 palyers from last season, their backbone players at that and waiting on a handful more to commit!

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    In my opinion, Waterford will win the First Division next year.
    They always cheat, they always lie
    **** Delaney and the FAI

  16. #36
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    Quote Originally Posted by MariborKev View Post
    Where is the link to this "decision"?

    The new steering committee have yet to even make a licence application.
    MB I appreciate you are refering to the process that has to be undetaken but its hard to believe Kenny signing a 2 year contract unless confident assurances were made to him.

    Did the FAI not clearly intimate that they have a roadmap back into the league for the new Derry?

    Do you think there is any chance a licence application will not be approved?

    Again I want Derry in the League but etc etc

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    Quote Originally Posted by Louth4sam View Post
    In fairness thats a crock of ****. What would stop all clubs just building up a load of debt, change board members, folding and recreating debt free in the first division?
    As a business practice? Not having anyone trade with you any more. There was a time when Dublin City were struggling to find a training ground where they weren't persona non grata, and rumour has it once upon a time that Shams were struggling to find a laundrette on similar grounds. Cork have found it hard to get credit since their administration - culminating in that embarrassing showdown with the coach driver. Also, board members tend not to like being struck off from the board of any company - as happens (by law) to directors of bankrupt companies for a few years.
    You can't spell failure without FAI

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    First Team Dillonman's Avatar
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    Quote Originally Posted by John83 View Post
    As a business practice? Not having anyone trade with you any more. There was a time when Dublin City were struggling to find a training ground where they weren't persona non grata, and rumour has it once upon a time that Shams were struggling to find a laundrette on similar grounds. Cork have found it hard to get credit since their administration - culminating in that embarrassing showdown with the coach driver. Also, board members tend not to like being struck off from the board of any company - as happens (by law) to directors of bankrupt companies for a few years.
    Theres a difference in terms of going into administration and not paying your players to liquidating a company and starting off afresh!A new company would get a credit limit small at the start and then increasing over time if they show that they are good customers in terms of paying on time when requested and not drawing up a huge bill. I think Derry will be fine next season as long as they are managed efficiently and effectively from now on.

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    International Prospect Jofspring's Avatar
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    Quote Originally Posted by Dunny View Post
    Waterford also.
    and Limerick FC.

    Scully is looking to put together a good side and also the wage budget is supposed have increased a bit.

    Can't rule out Monaghan either. Made a good finish to the season and are a club going in the right direction. Its going to be a competitive league next season so Derry won't be guaranteed anything, even with a possible bigger budget than most.

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    Quote Originally Posted by cheifo View Post
    Lets all do it. Wipe our huge debts(thanks former Directors and Paul Hegarty) clean and start afresh. A league will do us fine for a year. Small price to pay for a new debt free future.
    And what did they win with such big debt? A League Cup.

    On a different note this doesn't seem too different to being in examinership.

    All the best Derry & looking forward to your return to the Premier, however long that may be.
    If you've nothing good to say, say it.

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