Rovers Accounts

**mrtndvn** · 09/08/2010, 10:44 AM

Originally Posted by dcfcsteve

Even if it was, unless they found a big bag of money with their name on it somewhere it wouldn't change much.

I suspect most people to be surprised to hear that the 'model club' with the highest attendances are running with an increasing year-on-year deficit.

It really does show how unsustainable financially things are in the league.

I would be very surprised Steve, but I'd like a look at the accounts before I believed it.

**OneRedArmy** · 09/08/2010, 1:16 PM

Originally Posted by dcfcsteve

I suspect most people to be surprised to hear that the 'model club' with the highest attendances are running with an increasing year-on-year deficit.

Au contraire Steve, if you did a regression of attendence to loss over the last two decades, you'd find a very strong correlation between the clubs with the largest attendences and the largest losses.

Its like those steak houses in Texas that let you eat free if you eat a 72oz steak. If you don't eat it you pay a small fortune. Large ego'ed lads generally take up the challenge, and fail, whilst more sensible women realise they could never manage it and have a 6oz girls cut.

That analogy sounded better in my head, but the point stands: there is a very strong link between increased revenue leading to increased losses. LoI clubs almost inevitably grow themselves out of business (until they get bailed out in one shape or form).

**galwayjames** · 09/08/2010, 3:19 PM

the 400k they got for the juventus game would wipe that out wouldn't it?

**SkStu** · 09/08/2010, 3:24 PM

Originally Posted by OneRedArmy

Au contraire Steve, if you did a regression of attendence to loss over the last two decades, you'd find a very strong correlation between the clubs with the largest attendences and the largest losses.

Its like those steak houses in Texas that let you eat free if you eat a 72oz steak. If you don't eat it you pay a small fortune. Large ego'ed lads generally take up the challenge, and fail, whilst more sensible women realise they could never manage it and have a 6oz girls cut.

That analogy sounded better in my head,.

so youre saying that Rovers are playing for high steaks?

*grabs coat*

**Dodge** · 09/08/2010, 3:36 PM

Originally Posted by galwayjames

the 400k they got for the juventus game would wipe that out wouldn't it?

Depnds when they get it and whether they've incurred any more "day to day" losses this year. They had the Real Madrid game last year

**pineapple stu** · 09/08/2010, 3:50 PM

I suppose technically Platinum 1 had the Madrid game last year; I'd imagine the Juve game was worth much more to Rovers directly than the Real game (plus UEFA bonuses for two rounds in Europe, etc)

**hoopy** · 09/08/2010, 4:14 PM

Originally Posted by galwayjames

the 400k they got for the juventus game

Don't believe everything you read

**Dodge** · 09/08/2010, 5:45 PM

Originally Posted by pineapple stu

I suppose technically Platinum 1 had the Madrid game last year; I'd imagine the Juve game was worth much more to Rovers directly than the Real game (plus UEFA bonuses for two rounds in Europe, etc)

The Juventus game would have incurred a massive amount of costs too; not just for the away leg (arranged at short notice) but at home too (rent, security etc)

**A face** · 09/08/2010, 6:00 PM

Originally Posted by dcfcsteve

I suspect most people to be surprised to hear that the 'model club' with the highest attendances are running with an increasing year-on-year deficit. It really does show how unsustainable financially things are in the league.

It really does bring into the lime light the administrators of the league and how they operate. Given all that's gone on in this league the last few years to take the eye off the ball now is completely demoralising. Heres the question ... do they know what is actually happening? If they do then i hope they are freaked out over this because couldn't be described as the best way forward. Is anyone answerable for this?

Surely someone in the FAI is culpable for this? Or is 'more of the same' what we have to expect in the future? If so, when can we expect the league to be run correctly?

If this really is the case and i were a member of the 400 club, having entrusted the running of the club to the current board while paying i dont know how much of my money over the last few years, i'd be looking for the people responsible to step aside immediately and without incident and hand the controls over to someone who'll make a better hand of it.

Can we believe anything we've heard from the club over the last while? Seriously, is it all noise and dream with no substance behind it?

**L.T.F.C.** · 09/08/2010, 6:09 PM

Town made a profit last year.

**Shedendinvisibl** · 09/08/2010, 6:35 PM

Originally Posted by SkStu

so youre saying that Rovers are playing for high steaks?

*grabs coat*

It's a "rare" sight when a LOI club makes a profit to be fair but your example is "bull"

**Lim till i die** · 09/08/2010, 6:38 PM

Originally Posted by A face

It really does bring into the lime light the administrators of the league and how they operate. Given all that's gone on in this league the last few years to take the eye off the ball now is completely demoralising. Heres the question ... do they know what is actually happening? If they do then i hope they are freaked out over this because couldn't be described as the best way forward. Is anyone answerable for this?

Surely someone in the FAI is culpable for this? Or is 'more of the same' what we have to expect in the future? If so, when can we expect the league to be run correctly?

If this really is the case and i were a member of the 400 club, having entrusted the running of the club to the current board while paying i dont know how much of my money over the last few years, i'd be looking for the people responsible to step aside immediately and without incident and hand the controls over to someone who'll make a better hand of it.

Can we believe anything we've heard from the club over the last while? Seriously, is it all noise and dream with no substance behind it?

Jaysus Face have a sit down man, where's the fire?!

Those figures aren't too shabby at all.

*

*I apologise if you were being sarcastic as opposed to hysterical.

**Dodge** · 09/08/2010, 6:53 PM

Originally Posted by A face

Can we believe anything we've heard from the club over the last while? Seriously, is it all noise and dream with no substance behind it?

Well you haven't heard what the members have heard, and as long as they're told the story, and they're happy with it then I cna't see how anyone else can be angr about it

**Charlie Darwin** · 09/08/2010, 6:56 PM

I'd probably wait to see the actual accounts before demanding the board step down.

**A face** · 09/08/2010, 7:29 PM

Originally Posted by Lim till i die

Those figures aren't too shabby at all.

If they spend more than they bring in then they are seriously shabby

Originally Posted by Lim till i die

*I apologise if you were being sarcastic as opposed to hysterical.

I know i'm going over the top, but i do want to labour the point i'm making. Dont get me wrong, i loved the rags to riches story, LOI vagrants come good, moses and their little piece of heaven, walt disney stuff, it was up there with Bambi and the rest of them .... i lapped it up, but its a crock. I am ticked off man, i'm not going to hide it but if those figures are real then i'm not going to listen to one more bit of pontificating for Rovers or the FAI

Originally Posted by Dodge

Well you haven't heard what the members have heard, and as long as they're told the story, and they're happy with it then I can't see how anyone else can be angr about it

Originally Posted by Charlie Darwin

I'd probably wait to see the actual accounts before demanding the board step down.

I know that lads, i was careful to say 'If the figures are true' (or words to that effect) but are you not ticked off of having to listen to people, mostly the powers that be using 'the model club' as a get out clause, going on about how great Rovers are.

And i geniunely think that if clubs dont go down the route of Rovers (and do not over spend) then the league wont progress.

**Lim till i die** · 09/08/2010, 7:51 PM

Originally Posted by A face

If they spend more than they bring in then they are seriously shabby

Name me 4 of the 22 clubs that don't consisently spend more than they bring in??

100k on a turnover of what, say, 2 million*, isn't exactly Cork City1 levels of lunacy

I know i'm going over the top, but i do want to labour the point i'm making. Dont get me wrong, i loved the rags to riches story, LOI vagrants come good, moses and their little piece of heaven, walt disney stuff, it was up there with Bambi and the rest of them .... i lapped it up, but its a crock. I am ticked off man,

You're definitely being sarcastic here, or are having some kind of seizure!!

"You don't understand. The League coulda had class. The League coulda been a contender. The League coulda been someone Charley, instead of a bum, which is what The League is , let's face it. The League is a bum. It was you, Charley."

i'm not going to listen to one more bit of pontificating for Rovers or the FAI

The last "Model Club" was Galway United.

I'd be worried for you if you've been listening to any of it to be honest.

*This figure is plucked completely out of my aras and is open to correction.

**Rasputin** · 09/08/2010, 8:55 PM

We ended last season with an operating profit, 6 figure one at that.

**dfx-** · 09/08/2010, 9:48 PM

Originally Posted by A face

If this really is the case and i were a member of the 400 club, having entrusted the running of the club to the current board while paying i dont know how much of my money over the last few years...

The 400 club has been subsumed into the Rovers member's club, the 400 club no longer exists.