Page 2 of 21 FirstFirst 123412 ... LastLast
Results 21 to 40 of 416

Thread: New owners at dundalk

  1. #21
    Reserves redarmyfaction's Avatar
    Joined
    Oct 2009
    Location
    Sligo.
    Posts
    698
    Thanks Thanks Given 
    9
    Thanks Thanks Received 
    133
    Thanked in
    88 Posts
    Quote Originally Posted by Philosophizer View Post
    Well it wouldn't be totally outlandish for that to happen. I have seen it estimated that Bohs have about 200 football tourists at every home game - a benefit of being the only LOI club in Dublin city centre i suppose, and playing in a v historic (albeit mostly crumbling) ground.
    Shels also play in historic (albeit mostly crumbling) ground close to city centre, also Pats are not that far out though their ground is not so historic or derelict.

  2. #22
    Banned. Children Banned. Grandchildren Banned. 3 Months. Charlie Darwin's Avatar
    Joined
    Jan 2010
    Posts
    18,526
    Thanks Thanks Given 
    3,861
    Thanks Thanks Received 
    5,287
    Thanked in
    3,353 Posts
    There are no LOI grounds in the inner city but Dalyer fits the description best and has the best transport links.

  3. #23
    Reserves
    Joined
    Nov 2015
    Location
    Meath man in Dublin
    Posts
    866
    Thanks Thanks Given 
    185
    Thanks Thanks Received 
    201
    Thanked in
    137 Posts
    Quote Originally Posted by redarmyfaction View Post
    Shels also play in historic (albeit mostly crumbling) ground close to city centre, also Pats are not that far out though their ground is not so historic or derelict.
    Tolka and Richmond Park are probably my 2 favourite LOI grounds - stands on all 4 sides and right on top of the pitch - proper old school.
    But to be fair, neither of them have anything like the history and charactar of Dalyer. The Irish team played there for about 100 years. It's hosted the liked of Pele and Santos back in the day, Zidane, Gullit, Boniek, Van Basten etc. And then there's the music - Thin Lizzy, Bob Marley, Ozzy Osbourne. The graffiti. The murals. Archibald Leitch. Floodlights from Highbury. The list goes on. I think the redevelopment has even planned to include a museum in one of the new stands.
    And Bohs are one half of Dublin's main derby, which is often a pull for the tourists. The Cop90 documentary probably hasn't done any harm in drawing football tourists either.
    And the most accessible from the city centre as CD mentioned.
    And Bohs is just a much more vibrant club these days than either Pats or Shels. Shels have been in the doldrums for the best part of a decade.

  4. Thanks From:


  5. #24
    Reserves
    Joined
    Feb 2006
    Posts
    398
    Thanks Thanks Given 
    195
    Thanks Thanks Received 
    52
    Thanked in
    38 Posts
    Quote Originally Posted by Philosophizer View Post
    Well it wouldn't be totally outlandish for that to happen. I have seen it estimated that Bohs have about 200 football tourists at every home game - a benefit of being the only LOI club in Dublin city centre i suppose, and playing in a v historic (albeit mostly crumbling) ground.
    At the last home game against Harps for example, the guy sitting in front of me was a French lad who worked for some French football magazine and was doing a piece about Bohs. I've also come across plenty of Germans, French and Britons at Dalyer in recent years.
    off topic, but Bohs deserve massive credit for this. Pats are also relatively city centre based and couldnt get this together (or anything for that matter)

  6. Thanks From:


  7. #25
    First Team ToberonaTornado's Avatar
    Joined
    May 2016
    Location
    Faughart,Dundalk.
    Posts
    1,357
    Thanks Thanks Given 
    86
    Thanks Thanks Received 
    239
    Thanked in
    163 Posts
    When approached by The Democrat for comment, Dundalk FC General Manager Martin Connolly neither confirmed nor denied contact from Peak6 or any other potential investor, saying any future decisions would have to fall in line with the best interests of the club.

    "We have been approached a number of times in the last 12-18 months about potential investment and we have always maintained that if we feel something will be good for the development of the football club, then we will talk," Connolly said.
    http://www.dundalkdemocrat.ie/news/n...n-in-town.html

  8. #26
    First Team mcgonigle's Avatar
    Joined
    Nov 2006
    Posts
    1,029
    Thanks Thanks Given 
    45
    Thanks Thanks Received 
    239
    Thanked in
    111 Posts
    Quote Originally Posted by ToberonaTornado View Post
    neither confirmed or denied contact
    Uh oh, Cork fans will not be happy...

  9. #27
    Seasoned Pro El-Pietro's Avatar
    Joined
    Sep 2008
    Location
    Cork
    Posts
    3,461
    Thanks Thanks Given 
    1,286
    Thanks Thanks Received 
    624
    Thanked in
    426 Posts
    Quote Originally Posted by mcgonigle View Post
    Uh oh, Cork fans will not be happy...
    We've been on cloud 9 all week!

  10. #28
    The Cheeto God Real ale Madrid's Avatar
    Joined
    Oct 2002
    Location
    Cork
    Posts
    3,891
    Thanks Thanks Given 
    458
    Thanks Thanks Received 
    1,490
    Thanked in
    742 Posts
    Quote Originally Posted by mcgonigle View Post
    Uh oh, Cork fans will not be happy...
    Look, I'm not going to put myself in an awkward position but I'm not going to deny it either at this stage. I'm not going to lie to you. I'm happy.

  11. Thanks From:


  12. #29
    First Team mcgonigle's Avatar
    Joined
    Nov 2006
    Posts
    1,029
    Thanks Thanks Given 
    45
    Thanks Thanks Received 
    239
    Thanked in
    111 Posts
    Quote Originally Posted by El-Pietro View Post
    We've been on cloud 9 all week!
    You sure? Seems like you're all a bit busy in Cork looking for recognition than enjoying the success

  13. #30
    International Prospect micls's Avatar
    Joined
    Jan 2006
    Posts
    5,019
    Thanks Thanks Given 
    356
    Thanks Thanks Received 
    279
    Thanked in
    188 Posts
    Quote Originally Posted by mcgonigle View Post
    You sure? Seems like you're all a bit busy in Cork looking for recognition than enjoying the success
    We can multitask. You mightnt have figured out that skill yet. Right now, I'm posting on foot.ie, drinking tea, basking in being double champions, planning a trip to see the trophies today and looking for recognition all at the same time. Easy.

  14. #31
    First Team mcgonigle's Avatar
    Joined
    Nov 2006
    Posts
    1,029
    Thanks Thanks Given 
    45
    Thanks Thanks Received 
    239
    Thanked in
    111 Posts
    Quote Originally Posted by micls View Post
    We can multitask. You mightnt have figured out that skill yet. Right now, I'm posting on foot.ie, drinking tea, basking in being double champions, planning a trip to see the trophies today and looking for recognition all at the same time. Easy.
    You've had plenty of time to plan for this anyway and of course women are proven to be better at multi tasking

  15. #32
    First Team ger121's Avatar
    Joined
    Sep 2003
    Location
    Dublin
    Posts
    2,151
    Thanks Thanks Given 
    243
    Thanks Thanks Received 
    426
    Thanked in
    234 Posts
    Quote Originally Posted by micls View Post
    We can multitask. You mightnt have figured out that skill yet. Right now, I'm posting on foot.ie, drinking tea, basking in being double champions, planning a trip to see the trophies today and looking for recognition all at the same time. Easy.
    Plus there’s always time to be a Langer.

  16. #33
    Reserves
    Joined
    Dec 2010
    Location
    Dublin
    Posts
    470
    Thanks Thanks Given 
    697
    Thanks Thanks Received 
    195
    Thanked in
    112 Posts
    Talk of it being done within 2 weeks according to The Times again, solicitors drawing up the documents at the moment. Interesting times ahead, hopefully not of the Arkaga/ Athlone variety!

    https://www.thetimes.co.uk/article/0...9-95e3fc05f40f

    (Paywalled)

    The proposed takeover of Dundalk by a group of American businessmen has reached the legal stage with solicitors acting for the prospective new owners in talks with the existing board.

    Peak6, a Chicago-based investment company, which invested in Bournemouth two years ago, wants to take full ownership of the SSE Airtricity League side and invest a substantial amount of money to develop facilities.

    The plan is to increase the first-team budget sufficiently to ensure a full-time professional set-up is in place at Oriel Park, with players on 52-week contracts, as opposed to their present situation, where the overwhelming majority of them are paid for 40 weeks each year.


    In addition, according to sources privy to the talks, the group also intends to invest money in…


    Want to read more?


  17. #34
    Coach
    Joined
    May 2002
    Posts
    8,645
    Thanks Thanks Given 
    710
    Thanks Thanks Received 
    1,532
    Thanked in
    1,023 Posts
    “plans to invest money in stocks of minerals and crisps” I assume?
    Yo no soy marinero. Soy capitan.

  18. Thanks From:


  19. #35
    Coach BonnieShels's Avatar
    Joined
    Jan 2009
    Location
    Holm Span, Blackpool
    Posts
    12,025
    Thanks Thanks Given 
    2,392
    Thanks Thanks Received 
    2,634
    Thanked in
    1,813 Posts
    When this news broke the first thing I thought of was...

    peaklyle.jpg
    DID YOU NOTICE A SIGN OUTSIDE MY HOUSE...?

  20. Thanks From:


  21. #36
    Seasoned Pro oriel's Avatar
    Joined
    Mar 2006
    Location
    Border
    Posts
    3,714
    Thanks Thanks Given 
    578
    Thanks Thanks Received 
    417
    Thanked in
    319 Posts
    #DundalkFC - 5 titles in 6 years 2014-2019 / FAI CUP Winners 2020

  22. #37
    First Team
    Joined
    Apr 2008
    Posts
    1,983
    Thanks Thanks Given 
    198
    Thanks Thanks Received 
    251
    Thanked in
    170 Posts
    Quote Originally Posted by oriel View Post
    That article say they will take 100% control of the club. How do Dundalk fans feel about that. That would never happen in the Showgrounds.
    Manager: Fergal, have you your boots with ya?
    Fergal: Ya, I have them here.
    Manager: Ah good stuff, well give them to this man so, he forgot his!

  23. #38
    Seasoned Pro White Horse's Avatar
    Joined
    Dec 2006
    Location
    Dundalk
    Posts
    3,714
    Thanks Thanks Given 
    251
    Thanks Thanks Received 
    1,056
    Thanked in
    555 Posts
    Quote Originally Posted by oriel View Post
    100% ownership as well.

    I have mixed feelings about this. There is a lot of comfort in being owned by the club being owned by a couple of fans who are also astute business men. We are taking a leap into the unknown.

  24. #39
    First Team jinxy lilywhite's Avatar
    Joined
    Jul 2008
    Location
    Inniskeen
    Posts
    1,205
    Thanks Thanks Given 
    357
    Thanks Thanks Received 
    193
    Thanked in
    125 Posts
    Quote Originally Posted by redobit View Post
    That article say they will take 100% control of the club. How do Dundalk fans feel about that. That would never happen in the Showgrounds.
    It will all end in tears eventually and we will need more than bag packing in tescos or pub quizzes around town to survive.

    No bones about it. It's a vulture fund takeover. If we don't perform and return a quick profit they will cut us lose with a huge debt

  25. Thanks From:


  26. #40
    Seasoned Pro oriel's Avatar
    Joined
    Mar 2006
    Location
    Border
    Posts
    3,714
    Thanks Thanks Given 
    578
    Thanks Thanks Received 
    417
    Thanked in
    319 Posts
    Dundalk do not own Oriel Park, and the ground can never be sold, (terms of lease dictates ground can only be used for football) the current owners own the entity, the lease, buildings, and player contracts only, and obviously the revenue that comes from the 2 or 3 bars that currently operate. I was surprised to see 100%, but at the end of the day there is probably only around 2m left from the euro run, the new pitch and securing the lease /YDC would have cost the guts of 1m, and the remaining monies was never going to be enough for a proper ground redevelopment. It would have wiped out all cash flow plus they would have had to borrow /apply for grants to finish the job. As most know the list is a long one in terms of redevelopment.

    The current owners are perfectly entitled to make a profit from the sale as they bought the club when in serious debt. The new owners have the funds to properly redevelop at least 3 sides of the ground, and increase the playing budget, as long as the club is on a solid financial footing after this, I would be cautiously happy. There is talk of ensuring that the improvements going in are also a revenue generating source, like better use of the YDC in indoor pitch rentals, re-use of the bar within there, and other corporate facilities to be built to be used for regular non match events, and for bigger matches when required.

    There has been very little details so far, so I can only form an opinion on the bits I’ve picked up. There is of course the danger that the new owners will become disinterested in years to come and sell off their project, but I would like to think the current owners are smart enough to have some sort of protection that DFC would not be left liable for any of their debts if this happened, but as with any business the same risks would apply, investments can rise as well as fall……………..these guys are not doing this for nothing though, so it remains to be seen exactly what ground redevelopments they will start, and when, or is this purely an attempt to make money from another few euro runs, and keep all that cash for themselves.
    #DundalkFC - 5 titles in 6 years 2014-2019 / FAI CUP Winners 2020

Page 2 of 21 FirstFirst 123412 ... LastLast

Similar Threads

  1. LCD TV Owners
    By dcfcsteve in forum Off Topic
    Replies: 32
    Last Post: 13/09/2007, 12:00 AM
  2. New Owners (again!)
    By GavinZac in forum Off Topic
    Replies: 3
    Last Post: 04/04/2002, 2:04 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
  •