Beecher Networks - Web Development, Hosting & Domains
Results 1 to 8 of 8

Thread: Financial woes not exactly LoI issue...

  1. #1
    Seasoned Pro legendz's Avatar
    Joined
    Aug 2010
    Location
    Kerry
    Posts
    3,640
    Thanks Thanks Given 
    239
    Thanks Thanks Received 
    265
    Thanked in
    217 Posts

    Financial woes not exactly LoI issue...

    With all the LoI bashing and bad news stories, there needs to be more focus on the woes of clubs elsewhere.
    Sunderland announced losses of £27m last week.
    Plymouth today face going into administration and being deducted 10 points.
    Some LoI clubs need to get their houses in order but it should not be the sole focus and it clearly is not a LoI issue only.
    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.

  2. #2
    Seasoned Pro
    Joined
    Mar 2010
    Location
    Black Earth, Russia
    Posts
    3,178
    Thanks Thanks Given 
    2,739
    Thanks Thanks Received 
    584
    Thanked in
    398 Posts
    Legendz, good post, take a look at the continental leagues, especially in Eastern Europe - clubs collapse and reform (usually a few divisions down) and just get on with life. We could do the same with our own clubs.

  3. #3
    Seasoned Pro legendz's Avatar
    Joined
    Aug 2010
    Location
    Kerry
    Posts
    3,640
    Thanks Thanks Given 
    239
    Thanks Thanks Received 
    265
    Thanked in
    217 Posts
    We could. It's a pity the likes of Kilkenny, Kildare and Fingal have not taken that route. I suppose it has happened with Cork and Limerick? It happens across Europe. It really is a matter of getting on with it and not bash the league for it.
    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.

  4. #4
    Youth Team sixesandsevens's Avatar
    Joined
    Nov 2009
    Location
    No. 67
    Posts
    129
    Thanks Thanks Given 
    1
    Thanks Thanks Received 
    13
    Thanked in
    10 Posts
    Quote Originally Posted by Spudulika View Post
    Legendz, good post, take a look at the continental leagues, especially in Eastern Europe - clubs collapse and reform (usually a few divisions down) and just get on with life. We could do the same with our own clubs.
    I'm sure there's plenty of bashing in said continental leagues when a club/league fall into financial trouble! Plus, its all well and good to reform a club a few divisions down when you have the luxury of such a structure (and a decent amount of support)
    Weaseling out of things is important to learn, it's what seperates us from the animals!! Well... except for the weasel.

  5. #5
    Seasoned Pro
    Joined
    Mar 2010
    Location
    Black Earth, Russia
    Posts
    3,178
    Thanks Thanks Given 
    2,739
    Thanks Thanks Received 
    584
    Thanked in
    398 Posts
    Quote Originally Posted by sixesandsevens View Post
    I'm sure there's plenty of bashing in said continental leagues when a club/league fall into financial trouble! Plus, its all well and good to reform a club a few divisions down when you have the luxury of such a structure (and a decent amount of support)
    Agreed on the luxury of the structure - I don't think it would have been palatable for Cork City fans to drop into the MSL, for Fingal, Bohs or Shels to go into the LSL, they they could, rebuild and then apply for a licence at a later date. As it stands the FAI/LOI structures don't promote or encourage this.

    On the bashing part, oddly in Russia it's just accepted that if you can't pay your way you drop down. There was a bit of a write up in WSC about Saturn, but it was very wide of the mark, as well as not factually correct, maybe because the guy lives up in St. Petes and was a bit afraid of being nailed by the powers that be for pointing out it was actually a political decision. The Russian media reaction was just - oh well, this is what happens without the funds to run a club. In Croatia there was a case some years back when a club struggled, was relegated back to the county league (4th division in that region) and it was roundly hammered for being so weak. Though in another sense the club were right, they became a real community club again, invested in youth and facilities and have now gone back up the divisions.

  6. #6
    Seasoned Pro legendz's Avatar
    Joined
    Aug 2010
    Location
    Kerry
    Posts
    3,640
    Thanks Thanks Given 
    239
    Thanks Thanks Received 
    265
    Thanked in
    217 Posts
    http://www.independent.ie/sport/socc...l-2560596.html

    Aston Villa are aiming to manage their escalating wage bill while remaining competitive on the pitch after suffering losses of more than £37m for the year ending May 31, 2010.

    The midlands club saw wages increase to almost £80m last season - an increase of £9m and they now account for 88pc of the club's £90m turnover.

    But Villa sources are confident they will comply with UEFA's financial fair play regulations by the time they are in force by the beginning of the 2013-2014 campaign.


    The scale of debt across the water is unreal.
    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.

  7. #7
    Seasoned Pro legendz's Avatar
    Joined
    Aug 2010
    Location
    Kerry
    Posts
    3,640
    Thanks Thanks Given 
    239
    Thanks Thanks Received 
    265
    Thanked in
    217 Posts
    The structure is in place with the A Championship. Though it is questionable what is going to happen at that level after this season?
    Cork and Derry in my view should have been demoted to the A Championship last season but the clubs weren't there to replace them and nor did there appear to be any complaints.
    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.

  8. #8
    Now with extra sauce! Dodge's Avatar
    Joined
    Jun 2001
    Location
    Insomnia
    Posts
    23,529
    Thanks Thanks Given 
    663
    Thanks Thanks Received 
    2,676
    Thanked in
    1,454 Posts
    Cork weren't demoted.

    They went bust.

    A new club was formed, made a fresh licence application and achieved a first division license. As you indicted, if other clubs had've achieved that license, Cork would've been in the A league
    54,321 sold - wws will never die - ***
    ---
    New blog if anyone's interested - http://loihistory.wordpress.com/
    LOI section on balls.ie - http://balls.ie/league-of-ireland/

Similar Threads

  1. Meteor woes
    By Paddyfield in forum Off Topic
    Replies: 20
    Last Post: 05/03/2008, 8:48 PM
  2. And now St.Pat's have Money woes...
    By tiktok in forum Premier & First Divisions
    Replies: 27
    Last Post: 08/01/2004, 7:02 PM
  3. midfield woes
    By golly in forum Cork City
    Replies: 7
    Last Post: 28/07/2003, 6:08 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
  •