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Thread: FAI finances

  1. #41
    Seasoned Pro Crosby87's Avatar
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    Appologize if this is a stupid question but the teams in the LOI do not have owners?
    No Somos muchos pero estamos locos.

  2. #42
    Banned. Children Banned. Grandchildren Banned. 3 Months. Charlie Darwin's Avatar
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    They all have owners. Some are owned by private individuals (such as St Pat's and Dundalk) and others by fan-owned entities, like Shamrock Rovers and Bohemians. There are probably more fan-run clubs around now than owned by individuals.

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  4. #43
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    I believe that pats got 90k for their progress in Europe the other night.

    Delaney's wage is gross and excessive. He wouldn't get that wage in a plc. 200k should be more than enough for head of a football association of a small country that doesn't have a full professional league.

    If the fans and ordinary football public had any power in the fai, he would not be in such a wage, particularly in these times.

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    Miguel Delaney on FAI finances ahead of AGM

    http://www.irishexaminer.com/sport/s...gm-201416.html

    It'll be interesting what is reported from the AGM

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    A bit of a rehash of the 2 pertinent financial points from the last few weeks. JD's salary / Cutting of Club Grants.

    Out of interest is the AGM an open public event? - Its not like they have shareholders that I am aware of or is it just media/club representatives etc...

    Anyone attending?
    I thought you were off the drink Ronnie?

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    I suspect it's only open to Council members - who are effectively the shareholders.

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    More layoffs in the FAI

    http://www.independent.ie/sport/soccer/league-of-ireland/disappointed-hand-latest-highprofile-casualty-of-fai-costcutting-3174157.html


    Hand, who had wanted to continue in his role, was informed in April that he was not being offered a contract extension. Instead, the job has been combined with two others -- those of compliance and children's welfare officer -- into just one post.

    The new role will be filled by Vincent O'Flaherty, who previously held the compliance position. Former children's officer Michael Lynham has also been let go.

  9. #48
    Coach BonnieShels's Avatar
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    That's insane. Insane carry on.

    In any other country...
    DID YOU NOTICE A SIGN OUTSIDE MY HOUSE...?

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    I thought this was interesting (IRFU despite running a surplus also have stadium debt issues and there's some risk to the H-Cup due to English and French demanding change).

    http://www.irishexaminer.com/sport/r...re-201503.html

    It's possibly more pertinent in context of the "where next?" thread, as it shows how even a successful product is at risk from the politics of the club game across Europe. I think it highlights the risk associated with a franchise model especially if it is only in context of a few potentially flighty associations rather than a full European-wide breakaway league.

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    Being reported JD has taken a 10% pay cut on a few blogs. Not looked for official source as yet just throwing out there.....

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    Quote Originally Posted by Junior View Post
    Being reported JD has taken a 10% pay cut on a few blogs. Not looked for official source as yet just throwing out there.....
    the usual "still earning more than Enda Kenny/Barack Obama/<insert random head of state here>" responses are going around too.
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    International Prospect bennocelt's Avatar
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    Quote Originally Posted by tetsujin1979 View Post
    the usual "still earning more than Enda Kenny/Barack Obama/<insert random head of state here>" responses are going around too.
    All valid though

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    Quote Originally Posted by bennocelt View Post
    All valid though
    hardly constructive though, are they?
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    International Prospect bennocelt's Avatar
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    Quote Originally Posted by tetsujin1979 View Post
    hardly constructive though, are they?
    Well trying to run a country (badly?) versus a head of a football organisation where you do sweet fa? So you think he is worth the money then?

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    Quote Originally Posted by bennocelt View Post
    All valid though
    Not really. CEOs of comparable sports organisations are the benchmark. Same outcome mind you.

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    International Prospect bennocelt's Avatar
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    Quote Originally Posted by Stuttgart88 View Post
    Not really. CEOs of comparable sports organisations are the benchmark. Same outcome mind you.
    Disagree - everything is comparable esp in these days of bankers, dodgy politicians, CEOs, and over paid footballers. I happen to think that most people should be on similar salaries, but that's my opinion.

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    Quote Originally Posted by bennocelt View Post
    Disagree - everything is comparable esp in these days of bankers, dodgy politicians, CEOs, and over paid footballers. I happen to think that most people should be on similar salaries, but that's my opinion.
    so...communism?
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    Quote Originally Posted by tetsujin1979 View Post
    so...communism?
    Lol, yeah maybe, but no, you know, the value of your work must be appreciated - a fair industrial wage, nurses, doctors, cleaners, etc - I am not an fai cheerleader, unlike some on here, so I do think its obscene that JD gets his huge salary for doing more harm than good to the game in this country. Wouldnt get away with that over here in blighty thats for sure.

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    Quote Originally Posted by Junior View Post
    Being reported JD has taken a 10% pay cut on a few blogs. Not looked for official source as yet just throwing out there.....
    http://www.irishtimes.com/sports/soc...320546790.html
    FAI chief executive John Delaney has confirmed that he will take a voluntary 10 per cent pay cut on his €400,000 salary, reducing his wages to €360,000 per annum. Delaney made the announcement at the FAI’s AGM in Letterkenny this afternoon.

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    Quote Originally Posted by bennocelt View Post
    Lol, yeah maybe, but no, you know, the value of your work must be appreciated - a fair industrial wage, nurses, doctors, cleaners, etc - I am not an fai cheerleader, unlike some on here, so I do think its obscene that JD gets his huge salary for doing more harm than good to the game in this country. Wouldnt get away with that over here in blighty thats for sure.
    Just out of curiosity, who do you think is a fai cheerleader?

    Also, you obviously haven't heard of Sir Dave Richards, chairman of the premier league here in blighty (where exec pay in all sectors has gone mad).

    Point taken to some degree though. I think executive pay has spiralled out of control in most sectors of economic life. Owners can take what they want out of their own businesses but big owner-run businesses are the exception. Most other businesses or organisations are run on behalf of shareholders or broader stakeholders and the onus is on them to keep executive pay in check. Most have failed miserably to do so. Elected TDs are one of the few sectors where public scrutiny and accountability keep pay in line with sensible bounds. Unfortunately because this lags behind many other sectors talented people are deterred from public service unless they have built up capital beforehand.

    In JD 's case, who allows his salary and why? I think nobody denies he's hard working, but that in itself doesn't justify it. That's why I started a FAI Governance thread.
    Last edited by Stuttgart88; 21/07/2012 at 3:26 PM.

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