Isn't it an entirely new board sorting it out?
Would lack of continuity at board level from year to year have been an issue?
Hard to say for certain, it may have had some impact. A lot of our financial issues though under an experienced board and chairman who gambled on good crowds and continued competing for trophies.
Our new inexperienced board have been digging up and dealing with a lot of unexpected issues such as the incorrectly claimed VAT.
Can't be any worse than the Dundalk/PEAK6 Sports US Investment Firm situation!
Every club in our leagues are desperate for any form of investment interests from outsiders, whatever the gamble.
We have a history of it over the years and it is part of the game for smaller leagues all over.
Whenever did the FAI or the Government really show an interest, just look at the recent bail out, an interest free loan over 3 years!
Werent Shin Fein running Cork city the last few years??
Not a good sign for the rest of the Economy
I assume thats a dig at Jon O'Brien? He was City chairman several years again but has not been heavily involved in recent years. Hes was also one of the few individuals who knew what he doing when questioning the FAI during the various hearings.
Its a real pity he chose to step down from the Dáil, he would have made a fantastic minister for Sport, but hopefully he can become more involved with FORAS again.
ah yeah just slagging.
Saw him at the count wearing his Cork City top.
i DEFINITELY wouldnt be a shinner but your right he knew more than the rest of them combined at the Dail hearing.
sell ons typically are time limited .
Sold before end of first contract, or second etc.
Not saying there arent "forever clauses " but its def not all of them
So Cork Preston or Cork North End. Really surprised at how close it got to non renewal of the licence and it being kept under wraps. Foras have made mistakes like all of us but they also kept the club going to the extent that it was the best supported club in the country. Personally I would be happy diluting my shares (if i was a member) somewhat for the investment and just as important the expertise that would hopefully come with it but not to have any shares in the club, that will be a hard sell to Foras Members.
From what I can gather, the sale of these clauses was necessitated by a change in the mood of revenue. It seems we had an agreement on repayment of outstanding debt with them, but they decided they wanted immediate payment from us and the other clubs who were not granted licenses last week. I don't know what caused this change in mood, but I would speculate Limericks collapse didn't help.
good luck against Shels tonight.
Even without one, if I understand the FIFA rules right, Sligo and his previous clubs would be due 0.5% of any fee for each year he spent with them from 12-21, so a really big transfer could have been a nice windfall for Rovers and even more so his schoolboy club!
#NeverStopNotGivingUp
This topic should have been titled Cash injection for Revenue
https://www.echolive.ie/corksport/Co...0c3c66dbb7a-ds
Hours from going out of business apparently ........
Irish by birth ,Harps by the grace of god.
That's frightening. How did it go so wrong so quickly?!?
#NeverStopNotGivingUp
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