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Thread: Bohs in financial trouble - FAI Licencing called into question again?

  1. #1161
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    Why does any club anywhere spend if they're still not going to challenge for the title?

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    Quote Originally Posted by Spudulika View Post
    From what I saw Bohs have some half decent under-20 and A team players, so they will be good squad players with a couple well able to step up. It's very interesting to see that everyone seems to know what everyone is earning, especially when it comes to cheapshotting other clubs. Bohs could realistically budget for 1-1.3million as they have the earning capacity to do so. Rovers, apparently, are budgeting for closer to 2million, while Sligo Rovers somewhere in between. As it stands it's a 2 horse race again, unless Dundalk, Pats and Monaghan can put up a good show (tongue removed from cheek after last sentences).
    Your absolutely off your nut you think our budget would be anthing near 1.5/1.6 million. I dont know anything bout Shams finances but id be shocked if they were budgeting for 2 million aswell.

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    First Team Jicked's Avatar
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    Quote Originally Posted by de bowez View Post
    Why does any club anywhere spend if they're still not going to challenge for the title?
    But most clubs aren't also doing big fundraising drives, fans doing 24 hours fasts, gigs being organised, Save Our Bohs programmes being launched. It's either a case of you not needing to that stuff to actually save the club, or you're wasting that money on finishing 5th instead of 9th.

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    Quote Originally Posted by Jicked View Post
    But what's the return on this investment in these players? It's a good squad, but like Pats or Dundalk last season it wont be able to sustain a title challenge. There's no danger of that squad being relegated, but since it's almost impossible to get relegated next season, why bother spending this money to finish 5th/6th and not just pocket the money and add that to the fundraising efforts?

    The only possible arguments for spending the money are that by finishing 5th/6th you'll attract substantially bigger crowds then if you were challenging Bray for 8th/9th. But after last season's attendances when you dropped off the pace a bit, I think it's pretty fair to say that regardless of if you're 5th or 9th your attendances will be down, and probably down to the hardcore element of fans. The other reason for spending that money would be in the hope of winning a round or two in Europe if you got a lucky draw, but surely even the Bohs board aren't still considering that.

    Fans are working their balls off to raise a few hundred grand, and now it's being blown on a decent, but not honours challenging, squad. I just can't understand why the board don't write off this season to try to raise more money for the future.
    Jicked - Stop Talking Sense

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    Its just far too strong a squad so far for a club meant to be fighting to overcome a gigantic debt. By all means Fenlon should be looking to sign good players, but his job right now is to find good players that everyone else doesn't know already are good players, because those players command more wages, and would be stupid not to do so as there are still plenty of clubs out there looking for players. To suggest Burns, Price, Flood and Bayly could not have gotten a decent contract elsewhere would be insanity.

    Bohs aren't learning their lessons, they're saying they are, they're able to say what the lesson they've learned is, but when it comes down to it, again they're spending money on a squad hoping it will bring in finance through success. Granted, the success they're chasing is no longer Champions League group stage. But realistically Bohs aim should have been sign a squad cheap enough to stay in the Premier Division this year and no more expensive than that. Just because a club survives one year after financial issues, doesn't mean they're out of the mire. Galway and Drogheda should be a lesson of that. Cork before them. Bohs are making the same mistakes on a lesser scale and the results will probably work out something similar, while the fans will be much less enthusiastic about forking out wads of cash to save the club again.
    Lets redefine what it means to heal

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    i had a response typed out for you jicked but this website has been hanging on me occasionally for about two weeks now (anyone else having this problem?).

    Anyway, the jist of it was i dont think there will be a huge difference in budgets outside the top 3 clubs (presumably you, Sligo and Dundalk). The next 4 or 5 will all have equivalent budgets. I also said that i think that at crowds of 1600-2200 we are already down to our hardcore. (clarify: 1600-2200 is attendances, not just Bohs fans)

    If we had signed 3 young players like Fagan or Joyce instead of Burns, Bayly and Price would you still be having a go? I suspect you would irerspective of who we signed. Where also has it been stated that there will be no relegation this year?

    I also understand that you dont get what we are doing. Thats fine. You may be proven right. Is there much point in continuing this?
    Last edited by SkStu; 15/02/2011 at 5:38 PM. Reason: clarification
    I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

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    Quote Originally Posted by SkStu View Post
    Is there much point in continuing this?
    No not really until it is dragged up some time next year to gloat in Bohemians possible future demise!

  8. #1168
    Capped Player SkStu's Avatar
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    Quote Originally Posted by Nesta99 View Post
    No not really until it is dragged up some time next year to gloat in Bohemians possible future demise!
    haha - i have a feeling this thread will still be on the first page of the forum at that stage anyway!
    I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

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    Quote Originally Posted by Louth4sam View Post
    Spudulika you defended Fingal to the hilt when everybody else was criticising their business model now your doing the same with Bohs. What gives?

    I am absolutely baffled that you think that Bohs could budget for €1.3 million
    l4s, how did I defend SF to the hilt? Asking for balance to the debate is not backing to the hilt. Likewise people claiming they know exact figures is also open to question. I think that's quite clear, right?

    Skstu, everyone else is making guesses and estimates, though I agree the higher amount is probably a stretch too far. Osarusan (+Dodge), you also have to factor in UEFA money, I forget the minimum though it's probably in the region of 100k. "Glamour" friendlies are still allowed, though only 2.

    We can all guesstimate what each club is shelling out, though unless club secretaries start posting up exact figures then it's all pie in the sky.

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    Quote Originally Posted by SkStu View Post
    If we had signed 3 young players like Fagan or Joyce instead of Burns, Bayly and Price would you still be having a go? I suspect you would irerspective of who we signed. Where also has it been stated that there will be no relegation this year?
    Doubt it. Either way we wouldn't know if Bohs hadn't splashed out on players not in keeping with the budget of a club who is trying to merely survive. Bray have that kind of budget, their squad reflects this. UCD the same. Drogheda the same. Monaghan will also have the same. Bohs seem to have decided that since they will have a bigger income than these clubs (and they're right, they will have) that this should automatically go into the playing budget, which given Bohs situation seems absolute madness.
    Lets redefine what it means to heal

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    Quote Originally Posted by 1st time post View Post
    Your absolutely off your nut you think our budget would be anthing near 1.5/1.6 million. I dont know anything bout Shams finances but id be shocked if they were budgeting for 2 million aswell.
    Please note "apparently", you'd be completely off your nut not to notice the word. Sligo and Rovers would have more a chance of raising in excess of a million because of their home attendances and prizemoney, though it would be a surprise if it were that amount.

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    no CSF - that is my assumption. Bohs havent decided anything other than, after restrtucturing our debt and getting rid of most of our squad, to sign a certain number of players within a certain budget. Like every other club in the league and with all due consideration to its other obligations.
    I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

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    Quote Originally Posted by SkStu View Post
    no CSF - that is my assumption. Bohs havent decided anything other than, after restrtucturing our debt and getting rid of most of our squad, to sign a certain number of players within a certain budget. Like every other club in the league and with all due consideration to its other obligations.
    Like every other club in the league that eventually couldn't manage the budget. With very little due consideration to their other obligations.
    Lets redefine what it means to heal

  14. #1174
    Seasoned Pro SwanVsDalton's Avatar
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    Quote Originally Posted by Spudulika View Post
    We can all guesstimate what each club is shelling out, though unless club secretaries start posting up exact figures then it's all pie in the sky.
    To be fair Spud, your pie wasn't so much in the sky as taking one giant leap for pastry on the moon's surface.
    Ou-est le Centre George Pompidou?

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    Quote Originally Posted by SkStu View Post
    no CSF - that is my assumption. Bohs havent decided anything other than, after restrtucturing our debt and getting rid of most of our squad, to sign a certain number of players within a certain budget. Like every other club in the league and with all due consideration to its other obligations.
    Stu - the only thing that really strikes me, that I'm not sure you or other Bohs fans have addressed (don't think so anyway), is how do the fans feel about their earnest fundraising efforts going on a budget that seems far from desperate?
    Ou-est le Centre George Pompidou?

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    Quote Originally Posted by SwanVsDalton View Post
    Stu - the only thing that really strikes me, that I'm not sure you or other Bohs fans have addressed (don't think so anyway), is how do the fans feel about their earnest fundraising efforts going on a budget that seems far from desperate?
    If its sustainable, happy days. If they come back after an early European exit begging bowl in hand I'd happily join a lynch mob.

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    Quote Originally Posted by SwanVsDalton View Post
    To be fair Spud, your pie wasn't so much in the sky as taking one giant leap for pastry on the moon's surface.
    You're too kind :-) I was going to say it was the first of two words, the second being hole, that posters who know for sure what other clubs have or haven't discuss the matter through :-) Not excluding anyone including myself :-)

    It may have been a step too far for humanity, and my apologies for not including the mega money the Candystripes are ploughing into players and staff, made worse by currency exchange rates, of course!

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    Quote Originally Posted by SwanVsDalton View Post
    Stu - the only thing that really strikes me, that I'm not sure you or other Bohs fans have addressed (don't think so anyway), is how do the fans feel about their earnest fundraising efforts going on a budget that seems far from desperate?
    the fundraising/loan scheme was to pay off the players and to pay towards a significant chunk of the squad costs for this year. We knew what we were doing it for. The one thing i do agree with CSFShels is that if this does all go pear shaped again, there is no more money there for the Board. I will not give another iota to the club if this happens again. twice bitten and all that...

    Question for Ezekial and Jicked. Oman (Rovers) and Byrne (Dundalk) were two huge earners for Bohs last season. On massive money. What sort of money did you offer them to sign for you?
    I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

  19. #1179
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    Quote Originally Posted by SkStu View Post

    Question for Ezekial and Jicked. Oman (Rovers) and Byrne (Dundalk) were two huge earners for Bohs last season. On massive money. What sort of money did you offer them to sign for you?
    I'm not at home in Dublin and wont be for a few weeks, at the AGM we'll have an idea of what players are on. But we offered a Oman a wage that he turned down to sign with Fingal, so it's not like we were desperate to sign him at any cost, and whatever price it is it'll be less than what Fingal had offered to pay him, which in turn would have been less than he was at at Bohs.

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    Capped Player SkStu's Avatar
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    thanks. I just wanted to show that the high earners are not earning as much or nearly as much as they did previously.
    I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.

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