That would be a shame
PS You'll have to change your signature so
Its on the btid message board. Waterford United has only 1 week left.
www.btid.net
That would be a shame
PS You'll have to change your signature so
As I say, we're just young & a bit nieve.
quote Patizan from waterford messege board, there is no other nention of it.
"The Club will fold in the next week.
No money is coming in and the people of Waterford have turned their backs on the Club. I said it in '98 that the PLC was a bridge too far and looks as if the chickens have come home to roost. I think Martin and Jim have left it too late.
What is even more disturbing is the this Club is going under with a wimper. Nobody gives a ****.
God I hope I'm wrong."
course we care about waterford united but it has to be said that ye made ye're own bed so.....
Just been on today fm that the manager has quit
I still don't understand the finances involved here. It was reported that when yee sold Murphy the income went into paying off your debts.
If the club has little or no debt and simply can't meet day to day expences from income then surley yee just need to cut back your expences accordingly.
That said, if Partizan is the only source of this information, I'll wait untill I hear it confirmed before getting too worried.
i think your slightly over reacting there
sure there is playing problems and money problems
but out of business is a bit over the top
back to the first division maybe but they can always rebuild
exactly hoops. Limerick survived on less than no money for a long time. Not exactly swimming in it now either but went through a phase or three of players car pooling to games (managed to win a league cup doing it!!!)Originally Posted by hoops1
Best of luck to Waterford United however it works out. We'll never forget who's shirts we've on. (like ye'd let us )
" I wish to God that someone would be able to block out the voices in my head for five minutes, the voices that scream, over and over again: "Why do they come to me to die?"
It would be an absolute tragedy for WUFC to fold and I really do hope the situation can be avoided. But it goes to show the cronic mismanagement of EL clubs. Rovers would be in liquidation right now if it wasn't for the efforts of the 400 Club. Sadly for WUFC, there doesn't seem to be a 400 Club there.
Clubs are living in financial la-la land. We are now well on the way to sorting our finances out and living on a realistic footing. Unfortunately, I think a few clubs are going to be very badly stung over the next few months. It took us years to wake up to the fact that the sums didn't add up, and I worry that other supporters are being led very blindly by their respective boards. There is one club that we all know and love where the sums definitely do not add up, yet very few of their supporters seem alarmed. That's dangerous, especially with Revenue suddenly declaring interest in several million euro in missing tax.
It does seem that no real local uproar when ye started to get into trouble.
Did O'Brien take money from the Murphy sale? IMo as a former Director who loaned the club money he shouldn't got a cent similar to the Rovers Directors.
Surely waterford can offload more players & rbing in amateur players in a bid to break even weekly?
I genuinely hope this isn't true Partizan.
From where I stand it doesn't seem that your problems are as great as Rovers were, are their debts? How big? Are fans prepared to knuckle down.
As has been said, why go out of business, christ sell everybody and play the kids to keep costs down, get relegated and rebuild in Div.1, you've come to far to go so quietly.
If there's anything fans from other clubs can do to help, post it up here, god knows Rovers got enough support, it should be offered in kind to yourselves.
Cork City: Making 'Dream Team' seem realistic since 2007.
ITS SO OBVIOUS - well summed up passive - to think that there are deluded muppets out there who actually hold up clubs overspending and getting into serious debts as success stories - they are not
and the party always ends in the inevitable hangover
one of the main things I hate about all the el message boards is the inability of the posters to grasp one fundamental fact - el football does not generate the revenue streams to match its current cost structure - in fact nowhere does it even come close
cloud cuckoo land and voodoo economics
Hope it isn't true.
that's what i've been asking on the message board,i think your slightly over reacting there
sure there is playing problems and money problems
but out of business is a bit over the top
back to the first division maybe but they can always rebuild
the worst case scenario is we get some local lads in and get relegated, it's happened before, unless there's something fundamental we're not being told
Would be terrible for the league to lose all that history. Surely this is worst case scenario??
Hope it isn't true.
I know the FAI does'nt 100% run the League but they have to see what the story is when a club starts to cut costs or when they anounce they are having financial difficoulties.
In Waterfords case they should have looked at their books when all this started.
when all this started jorge....ie when it was all too late - the fai have turned a blind eye to clubs over spending with money they dont have - they have no enforcement regs in this area
According to the Revenue there are at lest 16/17 clubs in serious trouble and it could be up to 20. The only clubs that are definitely safe are Rovers and Derry.Originally Posted by Passive
Harps, Galway, Kilkenny and Sligo are probably alright but rest assured the Revenue are really píssed off and are out for blood. The ignorant bliss that Shels fans are living in is about to be shattered. Reality is just around the corner.
KOH
No One Likes Us, We Don't Care
there seams to be no end to these scares, realistically, partizan believed WUFC stood to earn a windfall of 1 million euro out of winning the cup, wow I don't believe Partizan made that up but was that indicitive of the sort of yarns the board were coming out with?
Hopefully there's an end to this madness...
Reporter: "Gordan, can we have a quick word?"
Strachan:"Velocity"
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