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Thread: Delaney being smoked out

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    Lightbulb Delaney being smoked out

    Oh dear questions being asked now about the untouchable ceo, just how clever he is and for that huge salary. There has been a reluctance of late from the fai to answer financial questions recently. The pictures on todays indo creates more questions than answers. Genesis chancers were also given a fortune for ruining totally the LOI and now the league will have to revert to a 14 team league anyway. Delaney never gave a toss about our league. Its time he went
    Last edited by geezer; 09/09/2010 at 12:10 AM.

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    Quote Originally Posted by geezer View Post
    Oh dear questions being asked now about the untouchable ceo, just how clever he is and for that huge salary. There has been a reluctance of late from the fai to answer financial questions recently. The pictures on todays indo creates more questions than answers
    Yes indeed. The CEO who portrayed Limerick as liars earlier in the summer is now accused of being one himself in the Indo based upon the highly questionable sales figures he pronounced at the recent AGM.

    Is the credibility of the 430k per annum man about to come under serious scrutiny...

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    International Prospect Jofspring's Avatar
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    No matter how much scrutiny he gets i can bet you he'll still be around for a long while yet.

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    Teflon Delaney!
    Good evening!

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    Quote Originally Posted by geezer View Post
    Oh dear questions being asked now about the untouchable ceo, just how clever he is and for that huge salary. There has been a reluctance of late from the fai to answer financial questions recently. The pictures on todays indo creates more questions than answers. Genesis chancers were also given a fortune for ruining totally the LOI and now the league will have to revert to a 14 team league anyway. Delaney never gave a toss about our league. Its time he went
    Any danger of a link or solid references....?

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    Quote Originally Posted by dcfcsteve View Post
    Any danger of a link or solid references....?
    Was discussed late on tv3 in a preview of Thurs newspapers.

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    tbh tho if he does get the bullet, they will only replace him with a bigger fookin eejit (if that is possible )

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    There five separate articles in a major write-up in the Indo.
    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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    If he does get the bullet it will cost the FAI millions.
    Always look on the bright side of life

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    Like the Fonz. Only a dog. Mr A's Avatar
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    Much ado about nothing that wasn't already known. What is the Indo playing at?
    #NeverStopNotGivingUp

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    Quote Originally Posted by geezer View Post
    now the league will have to revert to a 14 team league anyway.
    Is this just speculation?

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    Indo - Daniel McDonnell
    You have to hand it to Daniel McDonnell - he is always fair and somehow gets to the facts. Great journalist.


    IRISH soccer's governing body is facing a crisis over the disastrous sale of premium tickets for the new Aviva Stadium, an Irish Independent investigation reveals.

    The Football Association of Ireland (FAI) is millions of euro in the red after it failed to sell half of the 10-year tickets it planned to use to cover its massive borrowings. Thousands of empty premium seats were clearly visible in both of Ireland's first two home internationals in the €411m stadium.

    And today's revelations will heap further pressure on chief executive John Delaney, who has continually denied the extent of the ticketing fiasco.

    Mr Delaney and his board gave the green light for the association to take out massive loans to fund its €74m commitment towards the renovation of Lansdowne Road. It intended to cover the repayment from the sale of 10,400 premium-level 'Vantage Club' seats.

    At the launch of the Vantage project in September 2008, Mr Delaney said the association needed to sell 60pc of the seats to reach break-even point.

    However, figures seen by the Irish Independent reveal that International Stadia Group (ISG), a third-party company commissioned by the FAI to sell the seats over two years, had allocated just 4,077 seats when they wound down their association at the end of last month.

    And the actual number and value of the premium ticket sales is far lower, our investigation reveals.

    Some 939 of the 4,077 Vantage seats have been allocated to existing 10-year ticket holders, many of whom are from financial institutions who haven't paid a cent since the Vantage Club project was launched in 2008. They will not decide whether or not to renew their tickets until 2014 or 2016.

    Orders

    The figure of 4,077 seats also contains scores of cancelled orders that remain in the system. These include people who were sent out direct-debit forms more than a year ago and have chosen not to return them and clients and fans who informed the ticket sales team they would not be making further payments.

    The extent of the poor ticket sales has raised serious questions over decisions taken by the Abbotstown hierarchy.

    At the beginning of the project, ISG were prepared to pay the FAI €75m for all of the premium seats and bear the risk if sales were poor. The FAI believed it could earn more by remaining the backbone of the operation and paying ISG commission.

    Last night, an FAI spokesman denied it turned down an offer for all of the seats. But in May, then FAI president David Blood stated the board had made the decision to press ahead with their own business plan, rather than accept an offer from a third party. Now the association, which has taken control of the sales from ISG, must manage the huge debt.

    Ireland played their first competitive match at the Aviva Stadium on Tuesday, with thousands of empty seats in the venue for the Euro 2012 qualifier with Andorra. Last month, they failed to sell out a glamour friendly with Argentina.

    ISG struggled to sell the tickets because of the exorbitant prices, which ranged from €12,000 to €32,000 depending on the quality of view, to cover all soccer international games over the next decade.

    The IRFU, who were partners with the FAI and the Government in funding the Lansdowne revamp, had sold all their premium seats at a flat price of €15,000 before the Rugby World Cup in 2007.

    Many of those who bought the FAI's tickets have also secured them at significantly discounted prices, with a common reduction of 33pc for the cheapest seats.

    At the FAI's recent AGM in Wexford, Mr Delaney, who is paid €430,000 a year by the association and was recently awarded a new contract, insisted 6,300 of the premium seats had been allocated, including 'sponsorship commitments'.

    Yet he failed to reveal how many had actually been sold, either at discount or full price.

    The Irish Independent sent a list of questions to the FAI yesterday with respect to the sale of Vantage Club seats.

    In response to our queries, FAI communications director Peter Sherrard would only reply: "All of these questions were asked at the AGM and were answered by John Delaney in your presence. We do not have anything to add."

    The Irish Independent understands the FAI has agreed a deal with 3 Mobile, the new shirt sponsors, which will see the telecommunications company taking up to 2,000 of the premium-level seats.

    But it is not clear if the FAI will receive any extra profit from that arrangement. Mr Delaney has said the FAI's four-year deal with the mobile company is worth €7.5m to the association. A 3 spokesman would only confirm that "ticketing and supporter initiatives" were part of the sponsorship.

    - Daniel McDonnell
    Last edited by Celdrog; 09/09/2010 at 10:24 AM.
    Hunky Dorys Park - could be worse, we could be going to Old Trafford every other week

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    Second article There are three more on Unison Front Page, no less


    THE Irish Independent sent a list of questions to the FAI yesterday with respect to the sale of Vantage Club seats. The questions, and the responses from the FAI, are printed below.

    1. Can the FAI provide an updated figure of sales of Vantage Club tickets for the new Aviva Stadium?

    2. Last month (at the FAI AGM in Wexford) John Delaney said that 6,300 tickets had been sold/allocated 'including sponsorship commitments'. Can the FAI give the breakdown between sales and sponsorship commitments?

    3. How many tickets have been sold at full price?

    4. Can the FAI detail how much money, to date, they have accrued from the Vantage Club project from up-front payments, annual payments or direct debit payments?

    5. Why did the FAI turn down an offer at the beginning of the project from ISG for all of the premium-level seats? Then FAI president David Blood said in May 2010: "At the time we made these decisions, we thought about them. It was well thought out, we feel."

    6. Are the FAI confident that the existing 10-year ticket holders, who do not have to renew their seats until 2014 or 2016, will do so, given the current economic climate?

    7. How many premium-level seats have been allocated to '3' mobile as part of their new sponsorship arrangement with the FAI?

    8. Can the FAI confirm when the decision was made to start offering 10-year tickets at a discounted price and was this communicated to customers who originally bought tickets at full price?

    9. Do the FAI believe they got the pricing of 10-year tickets wrong, compared to their counterparts in the IRFU?

    10. Are the FAI covered if individuals who have signed up for Vantage Club seats cancel their tickets and refuse to make any further payments?

    11. The FAI had a net bank debt of €38m at the end of 2009, and have subsequently paid a further €21.9m towards the completion of the Aviva Stadium. Have the FAI borrowed further in 2010?

    In response to our queries, FAI communications director Peter Sherrard replied:

    "All of these questions were asked at the AGM and were answered by John Delaney in your presence.

    "We do not have anything to add to the replies which were given and reported other than to clarify, in response to question 5, that no offer was ever made to the FAI by ISG or any other party for premium seats.
    Hunky Dorys Park - could be worse, we could be going to Old Trafford every other week

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    Seasoned Pro legendz's Avatar
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    That reporter has a bone to pick with Delaney from what I can see. I think Delaney has done a decent job. I would not agree with the Limerick stance though and the limit on capacity on clubs for friendlies. It's anti-competitive.

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    John Delaney was a failed businessman before he knifed Fran Rooney to fulfil his father's prophecy of gaining revenge against those who caught him for the ticket scams of the 80's and 90's. He is a major reason why football is not progressing as it should in Ireland and it has been said time and again that he has to go - but he won't, the man has no honour or integrity.

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    Quote Originally Posted by Mr A View Post
    Much ado about nothing that wasn't already known. What is the Indo playing at?

    The main tenet of the whole series of articles is thet the FAI have only sold 4,077 seats and not the 6,300 that Delaney has bleated about ad nauseum. And that out of those 4,077 seats, 1,000 have been allocated to 10-year ticket holders, among which are many financial institutions who have not paid any money since the 'Vantage Club' project began.

    This undermines the whole credulity of the FAI financial stability and future, as trotted out by them at the recent AGM.

    Throw in the very sudden departure of the chief financial honcho - and it all adds up to quite a bit of 'ado'.
    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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    It was clear form the strat that the pricing for the Vantage Cluib tickets was all wrong, and that they'd end up having to do dodgy deals and big discounst to shift them.

    If ordinary supporters could see that, why couldn't the FAI's CEO ?

    I'm also shocked to hear that Delaney is on near enough twice what the Taoiseach is. A bonkers salary.

    The FAI has clearly fcuked up here on its ticket prices, and as a result left itself saddled with a huge debt. Paying off that debt is clearly now the association's key aim, rather than the interests of football. Therefore, decisions will be made (lke the Man U opening game) which are arguably not in the interests of Irish football, but are instead being driven by the need to rake in cash. Someone needs to stand up and take accountability for that.

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    Nobody will Dcfcsteve, because when the clubs have the courage to do something, he or one of his cronies will throw a bone to one or two, and then it all disappears - like the recent renewal of the club deal. He's a disgrace and needs to go, but he won't, because in Ireland we value the cute hoors of our society and our clubs will be afraid of having someone with a genuine brain and business sense in to clean up the game.

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    I think Delaney is doing a decent job.

    Big swing there was a shortfall in premium ticket sales mainly due to the countrys economic woes. Delaney and the FAI have no control over the economy, and the FAI dont have the luxury of the elite upper class clique who control the mindset & marketing spend of most large companies that the IRFU have to fall back on.

    When it comes to this type of story, I hate to see the media driving the story rather than reporting on it.

    Most of these issues would be better reported on in business section rather the footie hacks stiring sh1te and trying to make a name for themselves.

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    Biased against YOUR club pineapple stu's Avatar
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    Two years ago, the impending recession was evident. The FAI were, it seems, given a risk-free option of selling all the vantage tickets and didn't take it. There's no way you can absolve the FAI of blame because it was all the economy's fault.

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