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Thread: Limerick's Licence And The Level Playing Field That Is The League Of Ireland

  1. #41
    Seasoned Pro gael353's Avatar
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    maybe just maybe we got it all wrong and the FAI just pulled off the greatest fundraiser ever and now have 220.000 euro in their bank account

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    Reserves CSFShels's Avatar
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    Quote Originally Posted by osarusan View Post
    80,000 I think.

    No idea what's going on with the conditions on our licencing - if we're being asked to front up the entire lot, it's madness. If it's just that the FAI are looking for certain concrete evidence of our ability to cover any shortfall in income comapred to the budget, that's more reasonable. Though, like Dodge, I wonder what form it takes - are the FAI actually looking for funds transferred to an account? Does it remain there until the end of the season?

    If I remember correctly, Arkaga were asked to provide some sort of guarantee, but in their case, when it all went horribly wrong, the money was no longer there. Maybe the FAI have decided to look for more definite evidence now. You'd think that they'd make this common knowledge prior to licencing though.

    Also, I'd be surprised if Limerick were the only club with a potential deficit to be covered by a guarantee.
    Who else would there be at this stage?
    Lets redefine what it means to heal

  3. #43
    Reborn thischarmingman's Avatar
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    Quote Originally Posted by Dodge View Post
    If you're projecting an operating deficit of €220k in the first division than you're not 'easily one of the best run clubs in the country'
    Probably in the top 3 though.

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  5. #44
    Seasoned Pro gael353's Avatar
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    Well limerick didnt budget for an opperating loss so your/abbotstowns version is null and void. and i suggest next time your down in limerick you call out to the club where we can back up everthing with a paper trail....

  6. #45
    Seasoned Pro SwanVsDalton's Avatar
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    Quote Originally Posted by gael353 View Post
    Well limerick didnt budget for an opperating loss so your/abbotstowns version is null and void. and i suggest next time your down in limerick you call out to the club where we can back up everthing with a paper trail....
    Is it a paper trail a mile long?

    Ou-est le Centre George Pompidou?

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  8. #46
    Football hure MariborKev's Avatar
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    Quote Originally Posted by Town Legend View Post
    Think its about time all LOI clubs pull out of the league and set up an Independent league run by people who actually know a thing or two about football!!
    The same clubs that mumbled about the P1 proposal and then didn't actual do anything about it?

    Again, how exactly would you fund such an adventure?
    Tifo poles, sausage rolls and a few goals.

    The Brandy Blogs, back and blogging the 2010 season

  9. #47
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    [QUOTE=MariborKev;1454065]The same clubs that mumbled about the P1 proposal and then didn't actual do anything about it?

    What I said was tongue in cheek!!!

    Again, how exactly would you fund such an adventure?[/QUOTE]

    I didn't say I was going to fund it!!

  10. #48
    Seasoned Pro SwanVsDalton's Avatar
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    Quote Originally Posted by Town Legend View Post
    I didn't say I was going to fund it!!
    Barstooler...
    Ou-est le Centre George Pompidou?

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  12. #49
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    Quote Originally Posted by SwanVsDalton View Post
    Barstooler...
    Far from it!

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    I think he means a company that manufactures the magical mythical "barstooler" will fund it. This company is famous amongst the martyrs who follow LOI clubs through thick and thin, bankruptcy, double contracts, selling grounds (more than once), walking away from debts, hiring dubious characters to bring back the glory days and many other strengths that are specifically assigned to those who are determined to spend their lives in purgatory (or LOI Premier - 1st Division is officially designated the title of hell, while the A Championship is a polyp in the bowels of hell). The barstooler is the creature that all LOI martyrs will rail against, complain about, usually while standing up in club bars, as to sit down would mean becoming, well, a barstooler.

    Actually somebody should run with that idea - Barstooler Ltd - never wet, never cold, always on the winning side - in the Sky Leagues.

  14. #51
    Seasoned Pro SwanVsDalton's Avatar
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    Quote Originally Posted by Town Legend View Post
    Far from it!
    How's that? Sure ye won't bankroll a multi-million pound league revamp, you must be a barstooler...or a member of the FAI.
    Ou-est le Centre George Pompidou?

  15. #52
    Seasoned Pro gufct's Avatar
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    Quote Originally Posted by CSFShels View Post
    There was no A League when Shels were relegated, I've no doubt they would have dumped us in it if there was. Derry and Cork had to form new clubs to get into the First Division (no matter what their fans will tell you), Bohs haven't gotten away with anything as such, they've just tidied up their ship in time for the 1 time in the year when the FAI bother to check up. I fully agree that the FAI need to make sure clubs are running properly all year round, and to use points deductions where this isn't the case. But Galway were booted out of the league because they had players left unpaid going into a new season, Kildare decided it wasn't worth carrying on, and Cobh were in a heap and still aren't eligible for a First Division licence 2 years on. Big clubs generally survive quicker because they have more fans to exploit to drag them out of it.
    Galway left no players unpaid get your facts right first.
    We are the Galway Boys Stand up and make some noise"

  16. #53
    Seasoned Pro legendz's Avatar
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    Limerick seem to be well run in the last few seasons. They also deserve to be commended, along with Finn Harps and Shelbourne, for fielding an A side when there is no stipulation to do so. It does seem the FAI have it in for the club. Limerick need to remember though the FAI did all they could to facilitate Limerick 37's introduction to LoI football. They maintained it was important for the game in this country that Limerick has a team in the LoI.
    https://foot.ie/forums/117-Kerry-FC
    A Championship: 4 years - 8 first teams - 0 financially ruined. First Division '14: 7 first teams.
    Opportunity lost for new clubs/regions to join the LoI family.

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    Quote Originally Posted by SwanVsDalton View Post
    How's that? Sure ye won't bankroll a multi-million pound league revamp, you must be a barstooler...or a member of the FAI.
    Shhh I'm actually from Waterford and go by the initials JD....keep that between the two of us!!!

  18. #55
    Banned. Children Banned. Grandchildren Banned. 3 Months. Charlie Darwin's Avatar
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    So Limerick are supposedly being asked to stump up 220k (or, I assume, they have to show that they have it in a bank account) before being granted a licence.

    Drogs' board came out a few weeks ago and said they required 200k or else they couldn't see the club going on as a valid concern. Could this have been the same thing - they submitted a budget and the FAI said "we need to see the money first" so they had to scale down their operations to an amateur set-up?

  19. #56
    New Signing Magicme's Avatar
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    Or maybe Limerick made a secret pact to fundraise for Drogheda and then renaged on it.

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  21. #57
    Banned Lim till i die's Avatar
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    Quote Originally Posted by Magicme View Post
    Or maybe Limerick made a secret pact to fundraise for Drogheda and then renaged on it.
    Wouldn't be the first league club we gave a dig out to in the last twelve months...
    Last edited by Lim till i die; 16/02/2011 at 12:41 AM. Reason: cheerfully withdrawn

  22. #58
    Youth Team gordongekko's Avatar
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    Quote Originally Posted by Lim till i die View Post
    There's a lovely horse would beg to differ.
    There was no player left unpaid. If you have some NEW info that no one is aware of please tell us what it is.

  23. #59
    Suspended Monkfish's Avatar
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    Quote Originally Posted by Lim till i die View Post
    Wouldn't be the first league club we gave a dig out to in the last twelve months...
    Hope they remember that should we play them in the near future..........not the hope they will!

  24. #60
    Banned Lim till i die's Avatar
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    Quote Originally Posted by gordongekko View Post
    There was no player left unpaid. If you have some NEW info that no one is aware of please tell us what it is.
    Not actually going to get into it, fair enough I'll take your word.

    This thread be about Limerick!

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