Sporting Fingal Gone Belly Up

**Dodge** · 03/02/2011, 1:31 PM

For what it's worth I've heard they won't make the season.

Only yesterday they announced a new Commercial manager so its a quick turnaround

Trying to get it confirmed now. Have they friendlier lined up? Any soon that may need cancelling!

**Dodge** · 03/02/2011, 1:34 PM

http://boards.ie/vbulletin/showthrea...932019&page=69

False alarm maybe?

**Guinney** · 03/02/2011, 1:36 PM

It would p**s me off if Fingal got players like Bolger and couldn't afford to pay them because it makes the competition unfair and in a way its cheating as it was well documented that Foster wanted to sign him and couldn't because Fingal could offer a better contract.

**Longfordian** · 03/02/2011, 2:02 PM

Sounds like they're going to have a much lower budget than they hoped for, at the very least.

**Dodge** · 03/02/2011, 2:08 PM

Dan McDonnell reckons a statement is due soon

**Longfordian** · 03/02/2011, 2:10 PM

Saw that on Twitter alright , "a few issues there" he reckons.

**TheBoss** · 03/02/2011, 2:13 PM

Originally Posted by Dodge

Have they friendlier lined up? Any soon that may need cancelling!

They were due to play Parkvilla yesterday, and they pulled out of it.

**Dodge** · 03/02/2011, 2:19 PM

They've no money

'The club has regretfully, for the first time since it�s inception in 2007, not been in a position to pay players� wages at this point and are urgently attempting to resolve the issue.'

**Longfordian** · 03/02/2011, 2:24 PM

Here's the club's official press release.

__________________

Sporting Fingal has been seeking to restructure over recent months ahead of the 2011 campaign.

It had developed what it believed to be a viable business plan on a reduced and prudent scale having secured new investors and some sponsors. A number of commitments which would be crucial to its viability have, in very recent days, not materialised.

The club has regretfully, for the first time since it�s inception in 2007, not been in a position to pay players� wages at this point and are urgently attempting to resolve the issue.

The FAI and the players� union, PFAI, have been informed of the situation.

----------

Sounds ominous.

**MMVIII** · 03/02/2011, 2:31 PM

Good riddance.

**Macy** · 03/02/2011, 2:35 PM

Originally Posted by Longfordian

Here's the club's official press release.

Sure what would they know? Everythings fine...

btw were Bohs relying on the rent?

**pineapple stu** · 03/02/2011, 2:38 PM

Originally Posted by Fingal press release

The club has regretfully, for the first time since it’s inception in 2007, not been in a position to pay players’ wages at this point and are urgently attempting to resolve the issue.

And they were paying transfer fees for players last month? Ridiculous situation.

**passinginterest** · 03/02/2011, 2:39 PM

That sounds like it's going to be fatal for them alright. This supposed funding was being questioned by just about everybody so not surprised it's fallen through. As Macy points out it could have implications for Bohs too with the potential income from rent lost.

Never nice to see a club in a position like this but it's not like Fingal weren't warned of the dangers of their model. The concept had some potential as a community venture but it was *******ised into something very different.

Would hope that maybe they can survive just to prevent yet another reshuffle of the league.

**Hibs4Ever** · 03/02/2011, 2:40 PM

We could see UCD in Europe at this rate

**pineapple stu** · 03/02/2011, 2:41 PM

Nah; isn't it Bohs and Fingal to be replaced by Dundalk and Pat's in the worst case?

(We've an outside chance via the Fair Play apparently)

**athloneman** · 03/02/2011, 2:42 PM

This situation just shows the stupidity still involved in the LOI, relying on "backers" and "investors" to run a club has never and will never work in the LOI unless there is a firm fan base and a steady flow of income into a club, yet another club to go bust due to stupidity!!!

**Hibs4Ever** · 03/02/2011, 2:43 PM

Originally Posted by pineapple stu

Nah; isn't it Bohs and Fingal to be replaced by Dundalk and Pat's in the worst case?

(We've an outside chance via the Fair Play apparently)

Ah, sorry, thought you's finished ahead of Dundalk

**pineapple stu** · 03/02/2011, 2:44 PM

Originally Posted by athloneman

This situation just shows the stupidity still involved in the LOI, relying on "backers" and "investors" to run a club has never and will never work in the LOI unless there is a firm fan base and a steady flow of income into a club, yet another club to go bust due to stupidity!!!

Look on the bright side; if Fingal are gone, it's the last of the big spenders gone. The league had to reach this position.