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Thread: Hull City owners to take majority stake in Dundalk?

  1. #641
    Seasoned Pro oriel's Avatar
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    Quote Originally Posted by nigel-harps1954 View Post
    Out of curiosity, do Dundalk really need to be pushing a 'competitive budget in the FD' next season, or spending a year or two focusing on paying off their massive debts and being thankful to have a club at all?
    I wouldn't expect Dundalk to come up at first attempt but I`d be expecting a decent season, yes bigger fish to fry on debt / ground / lights / ownership / DFC trust take off, take your pick, but would still think there will be a decent budget.

    No point going down just to repeat seasons 2002 and 2003, many forget we finished 2nd and 3rd last.
    #DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).

  2. #642
    Seasoned Pro oriel's Avatar
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    Quote Originally Posted by Nesta99 View Post
    But lads you are just being negative....
    Free country and everyone entitled to their opinion, would like to think majority of Dundalk fans will get behind the Trust. It seems to be the only way forward that I can see.
    #DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).

  3. #643
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    There's a real bang of People's Front of Judea situation off those in oriel pk at the moment.
    Sort yourselves out.

  4. #644
    International Prospect Nesta99's Avatar
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    Quote Originally Posted by placid casual View Post
    There's a real bang of People's Front of Judea situation off those in oriel pk at the moment.
    Sort yourselves out.
    Oh Monty Python has already been referenced, cant remember if here or on OW!

  5. #645
    International Prospect Nesta99's Avatar
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    Quote Originally Posted by oriel View Post
    Free country and everyone entitled to their opinion, would like to think majority of Dundalk fans will get behind the Trust. It seems to be the only way forward that I can see.
    Are we sure now, really really sure, nearly all on the same page?! I was starting to thik we'd have to dust off Dermot Ahern to help broker a Peace Process MkII (MkIII if counting the GM and Trust MkI saga too).

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    Seasoned Pro holidaysong's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Are we sure now, really really sure, nearly all on the same page?! I was starting to thik we'd have to dust off Dermot Ahern to help broker a Peace Process MkII (MkIII if counting the GM and Trust MkI saga too).
    He was at the 1903 meeting so seen it all play out.

  7. #647
    Seasoned Pro oriel's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Are we sure now, really really sure, nearly all on the same page?! I was starting to thik we'd have to dust off Dermot Ahern to help broker a Peace Process MkII (MkIII if counting the GM and Trust MkI saga too).
    Trust the Trust !
    #DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).

  8. #648
    First Team ToberonaTornado's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Wow! It amazing how the key source of info in Ireland, maybe particularly about Dundalk FC in this case, start in the hairdressers and barber shops of the nation! Nobody knows whats in the works at all!
    Whoosh! lol.
    Top level local reference there Nesta,,pity nobody else got that :-)

    If the new trust do eventually gain control of Dundalk FC and solve some money problems ,guarantee we'll be in the 1st division way longer than a lot of our fans think. long term project but at least we still hjave a club.

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  10. #649
    International Prospect outspoken's Avatar
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    I see Dundalk asking fans to buy virtual tickets for Fridays game. The club must be in dire straights but as much as you'd love to do it as a fan and help your club, could you really part with the money when there has been so little clarity from the owner. What's to say thousands buy the virtual ticket and yet at the end the club is still melted down at the end of the season? The sole focus from the fans now should be creating one unified trust and getting as much money in the kitty as possible let it be to buy into Dundalk FC should it be saved or to get a new club up and running for 2026.

  11. #650
    First Team ToberonaTornado's Avatar
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    trust proposals


  12. #651
    International Prospect Nesta99's Avatar
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    Ok some clarity is emerging. 1903 SC is not set up costitutionally to fill the role of the new trust without having an EGM to build on what is an aspirational statement in their constitution to become a trust in due course. There isnt time for this process. I would like to know for sure if the SC were asked not to raise funds by JT and what their response to himi was, if they asked why, and whether they were or are willing to suspend their efforts until the season has concluded. This is is their role currently imo, to aks such questions and to look to potentially keeping the day to day cost of things covered in he short term rather than proposing a seperate but identical funding model as the trust. A joint statement from the two on what they are doing together and seperately would be very welcome. In the mean time I accept what is being said by the trust and that is the group that i will pay in to on subscription and will continue to support SC fundraising as it crops up. I would like to have seen the virtual ticket for the next home game be a SC initiative rather than directly by the club but will also purchase one regardless (if they are assessing viability going forward that potential ticket sale will be an important part so all Dundalk fans should really be either buy match night or virtual tickets).

    I still think it was ridiculous that that this messiness happened with efforts to save the club, I havent changed my opinions on how it came about but I am satisfied on what is the the correct way forward to support all this effort by the respective fans involved! I hope that 1903 SC will show a mature common sense approach and clear the path for the Trust to look forward and the SC to be on the ball now and continue to represent supporters with the club - maybe down the line look at their own subscription based membership that could also have a direct say on the running of the football club, a trust alternative even, when crises have passed, everything is rosy and we are hogging league titles again....

    *Oh hang on, the club are to announce a sub scheme - United People of Judea front! This will be fun if they say its the difference between folding the club or not. Out of interest can an owner fold a club even if there are offers to buy and bail out, like some clause in participation rules or legally not able to kill jobs, leave creditors in trouble etc. by refusing on stubborness or malice to sell to a fair offer?
    Last edited by Nesta99; 15/10/2024 at 5:27 PM.

  13. #652
    International Prospect sbgawa's Avatar
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    I wont judge what this new 500 club that has been announced by the DFC is until details emerge but if it doesnt offer a shareholding then its just the club Lotto with money raised spent as the owners like.
    The idea mooted on the Press box podcast that the Trust (the one proposed by the lads on the podcast) wont give the club money if its being wasted is nonsense really, if the owner says he needs the money for wages it will be paid over becasue thats what the Trust membership would insist happened rather than see the club go under.
    The owners whomever they are are buying the club for the debts (if they even pay them as opposed to going into Scarp) about 1.2 or 1.5M.
    The Lad on the Podcast was talking about rasing 500k or 1 million per year for several years.

    So the new owners buy the club for around 1.5m (or possibly nothing) and the Trust invests 500k a year and get what exactly??
    I know people might say they are helping the club but they arent really they are helping the owners who are getting the club on the cheap.

    The trust should insist on a significant shareholding or state publically that the money raised will be used in a few years time to buy the club or a stake in the club to give them some ability to influence things.

    Im not saying the trust is a bad idea but if the solution to DFC problem is to pretty much give the club away to (who knows) andf then give them 500k a year then its a great solution for the guys getting the club.
    Lets see if a shareholding is proposed or a route to one as money is invested by the supporters
    Last edited by sbgawa; 15/10/2024 at 6:21 PM.

  14. #653
    International Prospect Nesta99's Avatar
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    From what Im getting is that the new trust are raising money to either buy a stake in the club or buy the club if an owner is bailing out and folding the existing club. It will either happen quickly with barely time to raise substantial amounts or over time accumulated finance could be enough to turn he head of an owner and allow a stake in the club + an annual amount then could be for the club. It has been mooted that future annual subs are ringfenced for stadium infrastructure.

    A club run trust is the cat among the pigeons, it would be hard not to be conflicted by the clubs saying this happens or its gone so witholding contributing to the sustainability of the club. I feel that it wont fly without a stake in ownership. What will be offered imo will be a rep on the board. If I were to consider this club thing then access to accounts, knowing who and what are other owners putting in etc which I reckon wont be easily attained. If this doesnt fly then it wil be said that it is THE reason for deciding the club is not viable. Maybe this is where/why the SC were being told to not 'fundraise', the trust are totally detached from the club so couldnt be asked and if they were would have been told where to go even just simply as their purpose is seperate from the club right now.

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    On todays episode of the Dundalk FC circus:

    https://x.com/mcdonnelldan/status/18...902745333?s=46

    Crazy scenes in Dundalk after final whistle. Ruaidhri Higgins interviews interrupted by noise of a row in main stands between former owners/staff - the Connolly brothers - and the new owner John Temple. Respective parties had to be dragged away and some other people got involved
    Paaatrick's Agletic

  16. #655
    Seasoned Pro joey B's Avatar
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    In Dan McDonnell’s report it says Temple got punched by a supporter after another altercation while leaving the stand,incredible really and doesn’t bode well for the immediate future….
    Irish by birth ,Harps by the grace of god.

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    First Team ToberonaTornado's Avatar
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    Really disappointing reading this and no excuse for assault no matter what the circumstances-.still trying to find out what happened but that **** at op last night just heaped trouble on trouble Ffs. Grow the **** up

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    International Prospect Nesta99's Avatar
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    Ignoring all the little tales, JT prevented the club from being wound up, we have no idea what he has planned yet so if a random fan was venting at the current state of things then he was hitting the wrong person. Now if that person is an associate of maybe previous people invloved then there could be some context and likely plenty of drink on board. The civilised Stand eh....

    The sort of broad strokes of painting a picture that happens with issues at Dundalk FC are in full flow after last night e.g. JT is from the Avenue Road, the chosen pub of former people making decisions at the club is the Avenue Inn on the Avenue Rd funnily enough. May have never have crossed paths, the Avenue Rd is a couple of miles in length and has thousnds of people living in the 100s of housing developments on one of the main arterial roads in Dundalk. But of course what happened last night and even JTs involvement at all is due to past beef that must have happened in the Avenue Inn....

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    Avenue Road is a ridiculous name for a street

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  21. #659
    Seasoned Pro joey B's Avatar
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    Is this just local gossip or is there a suggestion that funds have been stolen or misused by previous owners? It’s hard to keep up with events there at the moment…..
    Irish by birth ,Harps by the grace of god.

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    International Prospect Nesta99's Avatar
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    Definitely misused! But whether that was daft or sinister well it would be reckless for anybody to suggest funds were stolen without any way to back up claims. What is known is that there was a dispute between BA and who he bought the club from on legacy debt, BA let the former COO go and issues between the parties were quite apparent. Beyond that its joining the dots and assumptions made.

    Imo it was up to BA to make sure his due diligence was thorough, if info was witheld from him then we'll wait for legal recourse to happen. If there is no case to answer, no investigation then its wrong to say its any more than rumour. In the absence any legals then its likely to be just a blame game, deflection, egos easily bruised mixed with rumour in a fact vacuum. It is symptomatic of issues at the club in recent years where agendas and divsion have done damage, to what extent we dont know yet. Even the efforts of fans to intervene have somehow been divisive.

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