Hull City owners to take majority stake in Dundalk?

[Nah Nah Nah Nah]

Not sure of the full takeover details, but Dundalk cannot sit on their laurels. They need to go down a division, take the government funding promised and use it wisely while reducing the wage bill and keeping fans interested and engaged. The above will be hard for the club to do and for supporters to take. Today is a good day for them but their troubles are far from over. I'm de lighted to hear they survived.

I would hope the government funding is ring fenced for the pitch and lights like they applied for

[Nesta99]

It is but at least its now not having to come out of an owners pocket to gain a 2025 licence so in a round about way its a discount. There is more to run on this whole saga but squirelling away a SPG wont be part of it.

[oriel]

I would hope the government funding is ring fenced for the pitch and lights like they applied for

It's a grant that will be paid towards these items, most probably held against payment of same less say 250k contribution by the club. Seems a quite loaded question offered.

[EatYerGreens]

You sound like you are crying into your wheetabixs as you type.

Thank you for proving my point

[Shinkicker]

This is good, 'need' to go down ? If Dundalk are relegated on the field, we will deserve to go down and on merit.

If debts are paid and all staff paid on time rest of season that's a start, its obvious the club needs to get better at admin and how its run, I don't think anyone is in celebration mode on any other level that the club is still alive.

Was there a 'need' for Bohs to go down a division in mid 10's during the last crisis, or was it better they competed in the PD and kept going?

I'll rephrase that line "it is likely Dundalk will relegated down a division and whilst there they need to.........." and please read the last line of my post again. Re Bohs it was in the past, we've learned our lesson and turned our club around without being relegated. This is probably down to the input from supporters and the board running a very tight ship. There was the Dalymount to DCC deal too. All of which seemed to have made a better club with greater support. Are Duldalk in a position to do this? most likely No. You'll have to do it from a lower division. Remember others have had to do it this way too and are in the running to win the league this year. If Drogheda beat Bohs on Friday we could be joining you. You have survived, which is great. Take the opportunity to do great things.

[oriel]

Dundalk have survived, but the patient still needs treatment, and not out of the woods by any margin.

We still may end up going down, and if so it will be on the field and we'll have to admit we were not good enough, take our medicine.

From where things stood on Sun afternoon / night, and again up to most of Monday, to still have a club operating was nothing less than a miracle.

A lot of work to do and lessons to learn.

[Another Bohemia]

Am I the only one who sees this new owner as potentially a copy paste of Ainscough? He has investors to see out the season, sure, but after that? Where does the money come from? There is still a significant debt & the prospect of relegation? Even the statement said they would be reviewing the financial viability of the club? The debts already point to professional football not being viable so is part time or amateur football something the Dundalk public can get behind? There are still so many questions imo.

[ltfc_2004]

I remember John well from Ogra FF days so he shouldn't have too much trouble getting money from the government. All in all it just shows that every LOI club is maybe about 2 weeks from going out of business if things go even a tiny bit wrong !

[Nesta99]

Am I the only one who sees this new owner as potentially a copy paste of Ainscough? He has investors to see out the season, sure, but after that? Where does the money come from? There is still a significant debt & the prospect of relegation? Even the statement said they would be reviewing the financial viability of the club? The debts already point to professional football not being viable so is part time or amateur football something the Dundalk public can get behind? There are still so many questions imo.

No certainly not, I think nearly eveyone has said that this lacks detail and info is scant with comments that do the opposite of fill with confidence. Its all relative though, get to season's end is priority 1 and go from there. This ownership may also have the potential to set the club up to thrive, imo especally if other interested parties are brought in to the fold and some level of fan ownershp considered which was definitely not the case with previous owners. There was contempt for fans in the lack of engagement previously prior to BA though BA was willing to engage plenty in the pubs around Oriel with fans and talk about appointing king and missing out on Kenny among other things. But yeah there is plenty to run on this, I believe there is a meeting today with local companies, probably a number od creditors among them, that could be on debt or converting debt, or writing it down or committing to paying it in full so hence scant on detail until that meeting happens. It was said previously that it would take 3mil to mae the club sustainable by this group so at least they have figures where BA just talked about bringing in investors. If we are relegated in November it would be easier to enter SCARP but burning local business is not somehing Id be happy with so yup plenty more rope in this saga.

[A N Mouse]

I cant apologies for being a dick, its second nature but I dont think Ive stifled debate, I enjoy it to tedium which could effect engagement, if this is the case I do apologies and am hard skinned enough to take it being pointed out. I dont recall taking issue with any Roddy comments, par for the course albeit I do like the chap equal part chancer and equal part self belief and again someone who would laugh at caracature of himself, he is a flanker after all. I am probably the worst at mentioning GLITW classics like 4th biggest budget or selling thing twice but I would class that as good natured slagging at worst and I havent fallen out with any Bohs fans over bees and no mow may in Dalymount.

I'm not singling you or anyone out, though some of the whining noises about everyone wanting Dundalk to disappear would make Stuey Byrne cringe. Maybe R2 should turn the trash compactor back on, just to make the whining noise stop

Don't think there many on here get a bye ball when it come to calling someone else a gob****e. But jfc the place was was desperate. Whether it was Dundalk/Shams, Dundalk/Cork or Dundalk/anyone else, the seeming multiple personality ****-posting that people got shat on for trying to interject in. Or the pile on for disagreeing with the hive mind - the common factor in making this place a cesspit was a usually a handful of Dundalk posters. And yeah similar went on before when other teams had their purple patches, but it was derailing threads not an entire board.

I will say whatever your issue with EYG, and it may or may not be related to this thread, for ****s sake take your own advice and say it once, clearly. Repeatedly calling someone out for a perceived slight that's not immediately obvious in context is definitely dickish.

Signed - A FeckingHypocrite

[Longfordian]

If Dundalk entered SCARP post relegation would the deduction apply to next season or this season? Let's say they're relegated with a game to spare could they go into SCARP straight away and the points deduction would have no impact at all?

[Kiki Balboa]

I remember John well from Ogra FF days so he shouldn't have too much trouble getting money from the government. All in all it just shows that every LOI club is maybe about 2 weeks from going out of business if things go even a tiny bit wrong !

That explains a couple of things...

[Another Bohemia]

No certainly not, I think nearly eveyone has said that this lacks detail and info is scant with comments that do the opposite of fill with confidence. Its all relative though, get to season's end is priority 1 and go from there. This ownership may also have the potential to set the club up to thrive, imo especally if other interested parties are brought in to the fold and some level of fan ownershp considered which was definitely not the case with previous owners. There was contempt for fans in the lack of engagement previously prior to BA though BA was willing to engage plenty in the pubs around Oriel with fans and talk about appointing king and missing out on Kenny among other things. But yeah there is plenty to run on this, I believe there is a meeting today with local companies, probably a number od creditors among them, that could be on debt or converting debt, or writing it down or committing to paying it in full so hence scant on detail until that meeting happens. It was said previously that it would take 3mil to mae the club sustainable by this group so at least they have figures where BA just talked about bringing in investors. If we are relegated in November it would be easier to enter SCARP but burning local business is not somehing Id be happy with so yup plenty more rope in this saga.

I understand getting to seasons end is an achievement in itself but you note that fans have been previously treated with contempt but I think it's a bit of a 2 way street. Has any ownership group been embraced by the fans? P6 basically run out of town, Statsports were locals but fans were unhappy with lack of investment, BA I don't think ever had fan backing so why would any owner try to get feedback from a group that holds them in contempt? Building on that many of the fans seem to feel entitled to big budget pro football but outside of buying a jersey, match ticket and some pints don't want to do anything else which makes that big budget pro football viable. There's a lot of challenges that have to be addressed before seasons end imo and whether fans get an ownership stake or not they need to commit to their club in more solid ways than buying a match ticket and a jersey.

[Nesta99]

The early/mid days of those ownerships there was no issue from fans yet the was a lack of engagement. By far the worst were Statsorts/AC and they rode in to Oriel on the shoulders of fans and that was it.

[Knocklyonhoop]

No outlandish promises from this fella. Said they’ll review on and off pitch (and seems a bit more focus on off?) so looks like a steady sensible approach, particularly if ye stay up

[Martinho II]

Read a very good interview in todays Irish Sun with Dermot Keely on Dundalks troubles and launch of his new book. In it he mentioned that in 94/95 season at some stage they were only getting 200 fans in Oriel at matches and somehow won the league! Must have being very difficult times being a Dundalk fan that season

[brendy_éire]

its all relative though, get to season's end is priority 1 and go from there. This ownership may also have the potential to set the club up to thrive, imo especally if other interested parties are brought in to the fold and some level of fan ownershp considered which was definitely not the case with previous owners.

That's all I'll take from this arrangement too.
The club isn't being liquidated this week. It buys some time.

Moving on, don't know it's better financially for Dundalk to be in the PD or FD next season. You'd almost always say PD, but in the FD, you could offload some of the higher wage earners. Combined with a team, let's guess, being FD title contenders, you'd expect to get decent crowds.

[LTFC]

That's all I'll take from this arrangement too.
The club isn't being liquidated this week. It buys some time.

Moving on, don't know it's better financially for Dundalk to be in the PD or FD next season. You'd almost always say PD, but in the FD, you could offload some of the higher wage earners. Combined with a team, let's guess, being FD title contenders, you'd expect to get decent crowds.

In simple economics terms FD - no brainer. You go from needing 60k per week, to 500k for the year and would be competitive with that in 1st and likely show a surplus.
Another season in PD with a falling budget, but still over and above what club can sustain is not giving club a chance to fix its problems.

[nigel-harps1954]

Simple economics also suggests they have player contracts to honour.

[Nah Nah Nah Nah]

2 years of Daryl Horgan won’t be cheap for staters