The bigger the debt, the bigger the servicing though. And when the FAI needed an ambitious Vantage Club target to meet repayments (because the debt was so large), reports that they may have failed in their sales targets is always likely to be newsworthy.
True. Also, I don't make most of my money from my house.
Didn't the IRFU buy half of it?.
Deleany is doing a good job overall IMO but could/ should be doing more for the LOI.
Hopefully when the economy picks up more investment can be put in place.
From talking to him after Ireland mathes he seems very clued in about everything and is a big follower of the league.
World Cup qualification might have helped.
I said it in the International forum, but more imagination might (note "might") have yielded better results.
Why the 10 year term? 5 with an option to extend would have been more attractive.
What about offering a bonus - 2 more years for free if we qualify for a tourney? That type of thing.
Just curious: did the FAI even need part-ownership? Could the IRFU have funded it all and rented it to the FAI? Would this have been more or less cost effective for the FAI? Does the lender have general recourse to the FAI, or is the stadium and its revenues the only collateral.
The 3 sponsorship will be a big help towards the financial situation. €45 million over 3 years. Also offering 33% discounts on match tickets for all 3 customers. The season ticket thing is a good idea but should include all qualifers not just up until March *
*March could be wrong.
The deal was for 7.5 million, not 45.
#NeverStopNotGivingUp
Is it not for 15mil a year! We'll I've been totally miss informed ha
At least those shoulders aren't laden down with heavy chips.
I was at a Kerry League vs Waterford Utd game, Kerry won after a shoot-out, Delaney turned up to that game that day as well. Seems a big fan of the league. Structures like the A Championship are a move in the right direction.
In fairness He did not want Kerr as manager, Stan was a mistake but that has been addressed.
What happened to Limerick and the Barcelona was a disgrace though.
People who think John Delaney is a big fan of, or indeed gives a tuppeny frig, about the league
There are probably arguments to be made in favour of honest John. I would humbly suggest his treatment of the league wouldn't be among the strong ones.
Not a fan of Delaney's obviously but im not sure that all this kerfuffle is enough to demand his resignation. He failed to meet sales targets, its hardly corruption (at face value) or gross mismanagement. The lack of sales and/or decisions made are certainly defensible all things objectively considered.
yeah right Stu...
I like high energy football. A little bit rock and roll. Many finishes instead of waiting for the perfect one.
Not an "FAI head". But having sat down over a few pints discussing LOI (The Cork and Derry sagas in particular) he gave a good account of the reasonings and moved on to chat about football in general. He's at a lot of LOI games (mostly our games) It's not the FAI's sole job to market the league for clubs. All clubs bar the Shams are dreadful at marketing.
Just to digress, but isn't marketing all about the 4p's:
Product
Price
Place
Promotion
The product is what it is for the moment. Hard to improve without investment (from where? and what will attract it?) and maybe better technical development among the next geneartion of LOI players. Unusually among businesses, a sports league - the product - requires competitors to be evenly matched.
Place - in sport this is bound up in the product. You can't watch a match without visiting the place.
Price - presumably it's fair in the LOI - I don't know
Promotion - presumably this is what Frosty was referring to re-marketing.
Probably worth a separate thread, or Phd thesis.
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