Quote€900,000 is pretty bad. Not quite IMF bad, but Kilkenny dropped out over 50 grand.
What's the story
Sean Connor was in the paper not three weeks ago asking for extra funding to push on.
Are we talking Bohs/Limerick/Derry/Shels/Cork levels of nonsense here or more of a Sligo style poor mouth drive??
€900,000 is pretty bad. Not quite IMF bad, but Kilkenny dropped out over 50 grand.
Sounds pretty bad. It's not mentioned what level the debt was at before this year though.GUST believe that total debts in the club have now reached €900,000
We're not arrogant, we're just better.
€900,000?
Good luck Galway - seriously.
"Even if the wind stops to blow
Even if the sea ceases to flow
Even if the sun ceases to rise
The name of Sligo Rovers will shine and shine forever like the morning star glittering in the sky."
Well galway are ****ed so.
How did these roasters get a debt of 900 grand?
That debt level is so high that it nearly seems like time to plan the next GUFC rather than throw good money after bad. That depends though on how much of that debt is owed to former directors etc who never really expect to see the money anyway.
Sounds like the club is on the verge of meltdown, hope it can be turned around.
#NeverStopNotGivingUp
I cant take any more bad news!!
it is urgent. GUST have gone out of their way to work with club but it has proved practically impossible to extract correct information. The board have a lot to answer for for letting a one man band situation develop again. Clubs of this size dont need ceo, a decent administrator who keeps the bloody head down and does what they are told is suffice.
750k of that debt is belong personally to directors so about 220k is real with about 70k serious enough to impact licencing. The Galway public had voted with their feet and were not prepared to support a bookless operation. Proof of the waste/shocking administration and downright stupidity garnered over the last 12 months is what has brought the club to its knees. No one meant this to happen but the smallest effort and accounting would have nipped this. Everone and their granny seemingly was offering services to GUFC and the bills are coming down like confetti now. We have never won a League, only a paltry fai cup and 2 league cups over 35 years its no wonder our support is small but it is loyal and now also is generational. The other 2 clubs in Galway have not affected crowds one iota, the worry was commercial sponsorship but that has collapsed for everyone anyway.
Im confident we will get out of this
Last edited by geezer; 22/11/2010 at 5:13 PM.
I wonder who the one player the GUST were paying is.
bit unfair geezer that one man has worked his backside off for the club
I wish i did not know then what I dont know now
i wonder who the one LOI club is
This is simply not true and geezer is being relatively kind.Originally Posted by passerrby
are you saying he hasnt ,in my expereince one mand bands develope when people dont step up and one man ends up carrying the burden
I wish i did not know then what I dont know now
this is true too some extent our directors and chairman didnt seem to be in tune/control of what was happening withen the club ,i heard some members/directors didnt even know what players remained on our books at the season end
Last edited by Guitd; 22/11/2010 at 6:30 PM.
#i wonder who the one LOI club is
I'd imagine Salthill Devon, an old debt for the use of their facilities at Drom for training
"Billy Corgan, Smashing Pumpkins."
"Homer Simpson, smiling politely."
Roche-y should get onto his direct line to Mr. Delaney and get them to cancel their debt for services to the league..
The Model Club
Tell all the Bohs you know
that we've gone and won two-in-a-row
and it's not gonna be three
and it's not gonna be four
it's more likely to be 5-1.
When the czar knows everything about everything and tells the natives they know nothing can sometimes drive away people....whatever the reason a disaster has unfolded
A whole page and nobody's mentioned dvds yet?
Posting Permissions
Bookmarks