Beecher Networks - Web Development, Hosting & Domains
Results 1 to 6 of 6

Thread: Bad debts

  1. #1
    Reserves naoise kennedy's Avatar
    Joined
    Mar 2008
    Location
    greystones
    Posts
    520
    Thanks Thanks Given 
    1
    Thanks Thanks Received 
    9
    Thanked in
    7 Posts

    Bad debts

    Today we hear about galway now having a debt of 900k and bohs having a debt of 300k,, i know bray are very tight with there money and how much they pay the players etc.,,

    But on a curiously note, do bray have any big debts like the above, i guess they are running with some amount of debt or maybe not..

  2. #2
    Coach John83's Avatar
    Joined
    Feb 2003
    Location
    Dublin
    Posts
    8,994
    Thanks Thanks Given 
    2,157
    Thanks Thanks Received 
    1,301
    Thanked in
    812 Posts
    If you want to, you can download last year's accounts from cro.ie. No way is Bray carrying that kind of debt though - there are warning signs (e.g. players not getting paid, unpaid tax) which haven't appeared for Bray.
    You can't spell failure without FAI

  3. Thanks From:


  4. #3
    Like the Fonz. Only a dog. Mr A's Avatar
    Joined
    Jun 2004
    Location
    In the gutter, but looking at the stars
    Posts
    11,555
    Thanks Thanks Given 
    1,762
    Thanks Thanks Received 
    3,362
    Thanked in
    1,551 Posts
    Bohs' debt is more like 4 million. 300k is just what they need by the end of the year.
    #NeverStopNotGivingUp

  5. Thanks From:


  6. #4
    First Team Mr Maroon's Avatar
    Joined
    Jun 2008
    Location
    Galway
    Posts
    1,567
    Thanks Thanks Given 
    289
    Thanks Thanks Received 
    92
    Thanked in
    64 Posts
    Quote Originally Posted by naoise kennedy View Post
    Today we hear about galway now having a debt of 900k and bohs having a debt of 300k,, i know bray are very tight with there money and how much they pay the players etc.,,

    But on a curiously note, do bray have any big debts like the above, i guess they are running with some amount of debt or maybe not..
    Quote Originally Posted by Mr A View Post
    Bohs' debt is more like 4 million. 300k is just what they need by the end of the year.
    Correct, Mr A. Our overall debt is around 900k. About 70k of that is what needs to be paid by the end of the year (ie. the equivalent to Bohs' 300k).

  7. Thanks From:


  8. #5
    Seasoned Pro Roo69's Avatar
    Joined
    Aug 2003
    Location
    Bray, Co. Wicklow
    Posts
    4,222
    Thanks Thanks Given 
    73
    Thanks Thanks Received 
    147
    Thanked in
    99 Posts
    Jesus H Christ, how can clubs let things get so bad. Not so long along Galway were the club that were being used as an example by the FAI as how clubs should be run. A Galway official told me that your biggest crowd of the season was against us in the playoff game, couldn't believe it, the place was only half full. 70k within the space of a few weeks is a massive ask for Galway... Bohs 300k, wel,l i can't really add anything to what has already been said. Both clubs could easily end up in the first division next season if not worse.

    Pretty much every club though carries some kind of debt, might only be a few grand but they still carry it. Once a club starts missing wages and tax payments then questions need to be asked, neither has happened to Bray so i would be very confident in saying we are stable.

  9. #6
    Reserves lowflyingseagul's Avatar
    Joined
    Dec 2004
    Posts
    332
    Thanks Thanks Given 
    1
    Thanks Thanks Received 
    10
    Thanked in
    10 Posts
    i just saw nick leeson leaving paddypowers

Similar Threads

  1. SRFC P&L / Debts
    By Mario in forum Premier & First Divisions
    Replies: 39
    Last Post: 31/07/2011, 6:19 PM
  2. SRFC P&L / Debts
    By pineapple stu in forum Rubbish
    Replies: 2
    Last Post: 28/07/2011, 11:56 AM
  3. Rovers debts coming down
    By sligoman in forum Sligo Rovers
    Replies: 0
    Last Post: 19/02/2005, 4:06 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •