Surely this is a sign that the 65% cap just isn't enough. We've lost at least 4 clubs since it's come in, and many more have gone close. We need more stringent financial rules, and we need them to be enforced.
Well they might've been down there already unless they weren't informed of the cancelled friendly tonight.
DID YOU NOTICE A SIGN OUTSIDE MY HOUSE...?
I am stunned by this news. There did appear to be a hiccup a week or two ago, but I did not think that this would lead to a complete folding. It begs questions of the FAI to release a statement very soon. I do wonder will this colour how Bohs get treated in the coming season. If anyone gets the nod to go up it should be Monaghan I think, but then again the 'strength of their premier application' might play a part.
I hate to see any League of Ireland club fold and I wish only all the best to Sporting Fingal fans who supported this club.
Aon, dó, trí, bhí mé i mo luí, thit mé den leaba, he! he! he!
Commiserations to Sporting Fingal fans. We have stared into the abyss enough times (and indeed it is still uncomfortably close) to have some idea how horrible this must be for you.
In terms of the future, if the FAI have not made a clear statement by close of business tomorrow it will be very disappointing indeed.
#NeverStopNotGivingUp
Other countries get by just fine with much less stringent rules than the FAI's. We seem to have the dual-problem of small and poorly-organised supporters (at most clubs) and owners/boards who are intent on following the English spend spend spend model without any of the stabilisers (huge TV revenue, larger crowds) that English clubs enjoy.Originally Posted by peadar1987
Hopefully this is the last of the big-spending, given that so much of the madness that engulfed the league in the last decade was driven by the property boom.
Quite sad now that the only trace of the team ever existing is in FIFA 11 on the PS3 & XBox...
Kom Igen, FCK...
We gambled instead of taking a step back and consolidating and now the staff, players and fans have to suffer because of a few mens silly decisions. Really gutted at the mo. Really angry too as this could have been avoided and thats a fact.
Best of luck to the rest of the clubs in difficulty.
And on a certain cup
surely the fai and the licencing committee have to take there share of the blame for fingal failing??? they allowed them enter the league on an unsustainable model which i think 90% of people on here predicted would not work long term but still granted them a licence every year without too many questions, surely fingal and the bohs situation shows that the licencing is basically a joke and is pointless??
It was the failure of the club to cut back accordingly after Gannon was gone that was the major problem. Better to be fighting relegation this season than not fighting at all.
It is always sad to see a club fold, but I`m not going to change my tune now, I dont think they offered much to the league in general and I disliked their set up from the start. I dont think you will ever see another club like them enter the league. I dont think there is an appetite for what they were trying to achieve and for what they had on offer.
I do feel sorry for decent football guys like the Lep and Lamper, both of who argued and made admirable points about their club, and I have to say I have really enjoyed their contributions. I do hope both lads do continue to stay on as their views were interesting to read.
#DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).
Fully agree
We can blame the FAI for a lot of the woes in the game here but there is two things that they can't be blamed over; they are not the ones writing out the players pay cheques and they are not the ones cashing the cheques. Clubs know well that they are on a tightrope paying silly money while the players are the ones shaking the rope on the clubs and demanding more money, both areas that the FAI will never have any control over unless central contracts are looked into a la the IRFU or perhaps the American soccer model of a pool system.
Shed End Invisibles. Where are we??
if the powers that be had any brains in there heads when they first invited/promoted fingal into the league they should have been told that there model was unsustainable and that they should built slowly and build a following and a fan base and generate a steady stream income!! instead they were allowed to spend stupid money chasing glory and lasted 3 years in the league, it cannot just be fingals fault that the club went bust there were allowed spend the money!!We can blame the FAI for a lot of the woes in the game here but there is two things that they can't be blamed over; they are not the ones writing out the players pay cheques and they are not the ones cashing the cheques. Clubs know well that they are on a tightrope paying silly money while the players are the ones shaking the rope on the clubs and demanding more money, both areas that the FAI will never have any control over unless central contracts are looked into a la the IRFU or perhaps the American soccer model of a pool system.
I don't know about that. There were, what, 8 or 9 full time players on existing contracts? Even if some of those guys had been offloaded (possibly Fingal would be left topping up their wages for the season), I would have anticipated the club making a substantial loss this year, though the resulting debt might have been manageable (Longford, for example, seem to have been a good model for this in the past few years). I guess it depends on how much notice they had that Gannon was going.
You can't spell failure without FAI
The power wheel chair team and special olympics team will still wear the colours of sporting fingal with pride please god and who knows that could be very well the beginning of a smaller club that can build up a fan base and reputation. I will still support Fingal in whatever shape or form they are in and will never forget the magic morton nights. I'll miss the lights the most, seeing them as you walked into morton by the chip van gave you that buzz of live football!
SFFC away away away!
To answer the original question; yes
From what I am told, (Have a friend who is a high profile FAI official, that's all I'll say about him or her) so long as a club puts forward a set of proposed figures and a projected income that is theoretically plausible then the FAI are powerless to object to the figures that the clubs show them bar for the 65% cap, even when they know it's dodgy. The clubs know that the players won't sign unless they can talk it up and make good cash offers while the players are grabbing monies when they are there and clubs are willing to offer silly sums to get their man over another club; look at the Derry debacle for what levels they are willing to go to.
Fingals problem were as simple as they paying too much in wages while earning too little cash from the word go; it took two bad strokes of to wipe it all away from them.
Shed End Invisibles. Where are we??
I Blame Kilkenny.
Presumably the rent money was included in Bohs budget for their licence application.
I'd imagine it will now have to be swiftly revised downwards before Sunday?
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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