Quotedoes anyone know what exactly happens in regards to when a club folds i.e points yellow/red cards etc , do the teams that played them get points theirdeducted?
its begining to look like the el is going to end this in some wierd court saga
After Darryl Murphy was sold.Originally Posted by wws
Thats when it became a plublic
does anyone know what exactly happens in regards to when a club folds i.e points yellow/red cards etc , do the teams that played them get points theirdeducted?
its begining to look like the el is going to end this in some wierd court saga
Last edited by exile; 19/07/2005 at 4:08 PM.
save the sheep shaggers bring back beheadings for waherford
Always always dragging Shels into it. In a thread about Waterford no less. Not content with simply saying that there are clubs in trouble, you start to have a go at Shels, a club in which people, myself included, were prepared to hand over money from our own pockets if it was needed to ensure the survival of Rovers. Cheers, if everyone there is as bitter as yourself I'll not bother trying to get funding together the next time.
God
Cheers for the cash to help save Rovers. I was aware of help from Harps and individual Sligo and Waterford fans but the Shels money must have got lost
I was merely backing up Passive and WWS in a thread about a club in financial trouble. Shels are the big club with the big money problems and myself, Passive etc were just pointing it out.
Have a read of your own forum, the head-in-the-sand attitude doesn't bode well for your immediate or long-term future. And BTW I'm not bitter towards Shels, I save all my bitterness for your Northside neighbours. You lot are just an irritant so don't flatter yourself.
Apologies for bringing this off topic with this response and best of luck too WUFC.
KOH
No One Likes Us, We Don't Care
on what vast infinite knowledge do you hold that you know the above clubs are safe
and having a go at shels fans in a waterford thread only goes to show how your a bitter little ignorant halfwit especialy when everyone here wanted rovers to survive even when there is people like you talking through your stupid hole
save the sheep shaggers bring back beheadings for waherford
I've heard this a lot recently. Who were you talking to in the revenue that said this? Did they name these clubs? Could you provide a link to any facts or evidence to support that statement. Could you tell me what tax issues my own club (UCD) has?
Can I save this and throw it back in your face when this whole Pandora's box blows up? In case you haven't noticed we (Rovers) have been deeply involved with the Revenue recently and even their public utterences should put the fear of God into most clubs.on what vast infinite knowledge do you hold that you know the above clubs are safe
and having a go at shels fans in a waterford thread only goes to show how your a bitter little ignorant halfwit especialy when everyone here wanted rovers to survive even when there is people like you talking through your stupid hole
I said at least 16/17 clubs are in trouble, coincidentally here's what Joeraki said on the other Revenure related thread - "The revenue have issues with 16 clubs. 5 of those clubs more serious than the rest. Rovers where top of that list up to last Friday, but not by a long shot from 2nd worst club.Thats all I heard from today"
That's some coincidence. This is happening whether you like it or not and abusing me personally might make you feel better but it doesn't make you right.
KOH
No One Likes Us, We Don't Care
I think 1 or 2 Rovers fans have become a bit high and mighty since they started to turn the corner.They are in no position to preach to anyone or question how other clubs run their finances.
Back to the main point i think it would be terrible for Waterford to go to the wall.They have come so far in the last few years and appeared to be a very progressive club.Waterford is a big place with lots of business surely someone can pump some funds into it.If that fails Paul Doolin may try and sign them
If the club are in that much bother they should clear out everyone and build from scratch again with an all local policy.
I for one wish them all the best anyway.
"At the age of twelve, my ambition was to become a gangster. To be a wiseguy was better than being President of the United States. To be a wiseguy was to own the world." - Henry Hill
im not even arguing with your deepthroat account of the tax problems that el clubs facing
all im saying is your a bitter halfwit for having a go off shels fans in this thread
save the sheep shaggers bring back beheadings for waherford
The obsession with Shels is flattering.
How did Waterford get into this position though? They didn't seem to be spending that much money, or at least didn't have many high profile players that would command decent money, and they would never have expected to finish anywhere other than mid table, how the hell did they let themselves get into this mess?
How waterford got themselves in this mess is truely beyond me
Why did they go signing two of our top players last year and never using them? It doesn't make any sense as to what they were thinking or up to. Either they're extremely stupid and ignorant and were not aware of how deep trouble they were in or they incurred such huge expenses this season they destroyed themselves. The latter is not likely as they apparently had one of the lowest wage bills in the division already.How waterford got themselves in this mess is truely beyond me
when we had our major troubles a couple of years back, we were told that there were something like 6/7 clubs who were in almost identical situations, yet jr and the league didn't follow through on their threat at the time for all clubs to have to furnish details etc. since then rovers, waterford and dundalk have had very serious troubles, others i would imagine less so. we are only still in existance through sugar daddies, and are still spending beyond the 'club's' means i.e. we still need our suger daddies.
i would imagine very few clubs live within their means possibly cork, derry, maybe (with success) shels, and maybe a prudent div 1 team like kilkenny - i would be surprised if there are any more.
i honestly think it will take one or maybe two clubs to go to the wall before clubs start to wake up, and get a bit of financial sense. don't offer mega wages that you will not be able to pay without doubling your crowds etc., its just not going to add up in the end.
And how do UCD not live within their means in your opinion?
sorry - just never even thought of ucd
i would reckon ucd would actually do quite well this year - decent crowds from derbies etc, and low wages plus scholorchip etc., but ucd would never follow the same route as other clubs. they do not have to rely on a community to support them etc., and the advantage of the scholship system has unearthed them some excellent players over the years, you just dont want a manger to come in and splash the cash for wages, oh wait you used to have one
i would like to think we are a stable club aswell. never really spent very much money, and we know our limits, e.g. when mark obrien want 1k a week we told him where to go.
Unfortunately I'm neither bitter nor a halfwit but you're personal abuse is quite touching. And I'll repeat - I didn't bring up Shels on this thread. Feel free to respond with some more of your witticisms.all im saying is your a bitter halfwit for having a go off shels fans in this thread
KOH
No One Likes Us, We Don't Care
What sort of a crowd of b@stards have we got running this league.ffs a SUPPOSEDLY IMPORTANT PART of the uefa licening thing was finance so how may I ask did waterford and indeed Rovers get theirs so handy.The fcuker actually had barefaced cheek to hold up our licence and all the while keeping LTFC and its fans worried, when behind the scenes at WUFC and SRFC this was going on.What is their problem with us. Did they not think we were gud for this league or what.
At the end of the day the buck stops with the fai.
While we on the licence topic what happened to the Bob Breen interview?
There are a multitude of issues being discussed in this thread under the general title of "clubs being in a bit of bother".
There are clubs with cashflow problems (eg Waterford) and clubs who the Revenue have an interest in talking to, most probably because of alleged cash receipts and payments not being put through the books (everyone bar Rovers who they have reached agreement with and Derry, who are outside the jurisdiction).
These are two separate issues and should be treated as such.
The latter issue of cash not being put through the books and therefore resulting in underpayment of PAYE and other tax is, and has been, rife ever since tax provisions were put in place (and not just in football).
The only thing that has changed recently is that the Revenue seems more willing to pursue these type of cases and football is a relatively high profile target and one where business practices GENERALLY fall far short of those in equivalent sized businesses in say manufacturing or services.
And TP, despite what you say unfortunately in England, Scotland and N.I. many clubs have either gone into liquidation or have at the least had winding up orders sought against them by the Inland Revenue. I can think of at least 6 in Norn Ireland alone over the last decade. Anyone in the know will tell you the UK revenue, historically at least has been much more "proactive" in pursuing defaulters than the Commissioners in Ireland and that statistic backs this up. The only thing stopping this clubs going to the wall is that fans trusts or other investors have provided an investment to meet a settlement with the creditors. Unfortunately in Waterford's case it seems that there just isn't the support to save it, but you never know what might happen in the next few weeks.
Waterford going out of the League would be a terrible blow.
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