Hull City owners to take majority stake in Dundalk?

[Nesta99]

https://x.com/DanielSextonIRL/status...36598458372434

[outspoken]

The 1903 have now set up a go fund me despite their statement 48 hours ago stating such measures were not required at this time. They've released a couple of really poorly thought out statements this year, their heart is in the right place but jumping the gun seems to be an issue.

Will be interesting to see the uptake, hard to see them having the same outside support as 2012 and even some Dundalk fans reluctant to give money to the current regime for another short term fix. There's only so many times you can ask supporters to do this. Surely forming a proper unified supporters trust capable of at least part owning the club should be the ultimate goal.

[brendy_éire]

https://www.irishexaminer.com/sport/soccer/arid-41281726.html

He does not come across well in that interview at all.
Hopefully Kerry will be ok, but couldn't imagine Dundalk fans are too happy either. Seems happy to do whatever he likes for his own gain, basically admitted as much. Where would he be off to next, when the opportunity arises?

Amazing how we all perceive things differently because I thought he was very confident and assured throughout that interview. I really like him and I'm quite happy with him at the helm.(and I'm someone who can be called a dlk septic sceptic blxx btw ?)
He might only last 3 years but he'll add extra value to the club along the way imo.

From December last year.
From the way he left Kerry, and then that interview, it seems obvious he was only in it for himself. This shambles was entirely foreseeable.

Is it an option for Dundalk to choose to not fulfill the season, accept relegation, and at least save on wages for the rest of the year?
It's horrible on the players, but it sounds like they won't be getting paid anyway. If they're released, they would be free agents and could sign elsewhere (have I got that right?).

[Another Bohemia]

https://x.com/DanielSextonIRL/status...36598458372434

Correct me if I'm wrong but there seems to be several inaccuracies in this thread.

We supported our team, that’s all we can do.

According to other posters you also ran peak 6 out of the town so you did more than support and arguably it wasn't supportive.

I wish we were like Sligo but if Cork who have a huge catchment and a stadium ready made for them couldn’t make it work then I don’t see how we can realistically unless someone else provides the ground.

Cork City FORAS did work though. They saved their club won some trophies. Their folly was trying to keep up with free spending Dundalk instead of waiting for the wheels to fall off.

Our success wasn’t built on money, it was built on sensible stewardship and a great manager in a great town with an amazing football culture and legacy.

A great manager who had a hand in spending a huge amount of money. Probably more than any other club could budget at the time. Was there some good stewardship? Sure but let's not pretend there wasn't vast amounts of money spent on the squads under Kenny after the first couple of seasons.

Since Peak6 fans of other clubs have been saying that the way Dundalk are run doesn't look sustainable, it doesn't look right, where's the money going, this is going to end in tears and I hope the fans are saving for a rainy day. Meanwhile a lot of the talk from Dundalk supporters comes across like the quote from Ned Flanders father "We've tried nothing, and we're all out of ideas!". Well I know I'm not going to reach into my pockets when the clubs own fans can't be arsed to actually do anything and save their club.

[D24Saint]

I’d imagine an away match is a headache this Friday for Dundalk. Is there a team bus arranged and paid for ? Or will players that haven’t been paid be asked to find their own way down to the RSC. I’m not sure how LOI teams fund transport to away games is a pay per trip arrangement or do they get invoiced.

[joey B]

The 1903 have now set up a go fund me despite their statement 48 hours ago stating such measures were not required at this time. They've released a couple of really poorly thought out statements this year, their heart is in the right place but jumping the gun seems to be an issue.

Will be interesting to see the uptake, hard to see them having the same outside support as 2012 and even some Dundalk fans reluctant to give money to the current regime for another short term fix. There's only so many times you can ask supporters to do this. Surely forming a proper unified supporters trust capable of at least part owning the club should be the ultimate goal.

Fairly disastrous from them there,releasing the 2 so close together and asking for money in the second one ….

[Buckett]

They're not football administrators, they're supporters that are getting desperate so I would cut them a bit of slack. Best of luck to them. If they raise the money though, I don't think they should just hand it over to BA without receiving at least a percentage of the club in return.

[outspoken]

Rte sport article seems to indicate the money will be used to pay salaries. Now they didn't have quotes from anyone in the 1903 outside of the statement which just talks vaguely about supporting the club.

I'd agree with many on here and elsewhere that any funds raised shouldn't just be handed over to help this owner paper over the cracks.

This isn't the second time in 12 years the fans have had to get the begging buckets out, there's only so many times you can go down that route. I admire anyone giving money towards it to try save their club but they'd definitely be far better off trying to find a long term fan ownership model (50/50 perhaps) than just giving another failed owner their hard earned cash.

[placid casual]

As sure as night follows day,there was always going to be a time where the bedsheets would be coming out at dundalk.

[D24Saint]

Rte sport article seems to indicate the money will be used to pay salaries. Now they didn't have quotes from anyone in the 1903 outside of the statement which just talks vaguely about supporting the club.

I'd agree with many on here and elsewhere that any funds raised shouldn't just be handed over to help this owner paper over the cracks.

This isn't the second time in 12 years the fans have had to get the begging buckets out, there's only so many times you can go down that route. I admire anyone giving money towards it to try save their club but they'd definitely be far better off trying to find a long term fan ownership model (50/50 perhaps) than just giving another failed owner their hard earned cash.

Don't know much detail on the demographics of Dundalk would the town have the wealth in it to sustain a fan owned model ?

[redobit]

Has the FAI made any comment on this. I can't remember seeing anything. Wouldn't they have given this takeover by Ainscoigh the green light.

[pineapple stu]

Is it an option for Dundalk to choose to not fulfill the season, accept relegation, and at least save on wages for the rest of the year?

It surely can't be?

They all have contracts for the season - I don't think they can move outside the transfer window as they weren't free agents when the window closed. So the contracts have to be honoured. Players mightn't get paid - but then again they might. Or they might get paid a portion of their salaries, which is better than nothing.

[Buckett]

If the players are not paid, they can object to Dundalk being given a licence next season, so they're screwed either way.

[Another Bohemia]

Don't know much detail on the demographics of Dundalk would the town have the wealth in it to sustain a fan owned model ?

Sligo manage and they've a population smaller than Dundalk I would've thought

[Jamesie]

From December last year.
From the way he left Kerry, and then that interview, it seems obvious he was only in it for himself. This shambles was entirely foreseeable.

Is it an option for Dundalk to choose to not fulfill the season, accept relegation, and at least save on wages for the rest of the year?
It's horrible on the players, but it sounds like they won't be getting paid anyway. If they're released, they would be free agents and could sign elsewhere (have I got that right?).

Dublin City and Monaghan didn't fulfill fixtures and were never seen again....that's where that leads

[LTFC]

To be fair, this wild overspending and mismanagement by Dundalk owners isn't exactly representative of the league as a whole.

Clubs need to live within their means, but there's no reason professional football cannot be sustained in a town like Dundalk, as long as they're not stupid about it.

I'm still not convinced that this is this case. It would appear that between 3m and 4m per annum is required to run a full time professional club at the moment, and that is current expenditure, not capital. Over a 5 year period, means spending 15m plus. Over that 5 years not every club will be getting UEFA prizemoney, and no club over the last 5 seasons would have averaged 1m on league gates and season ticket sales.

[nigel-harps1954]

I'm still not convinced that this is this case. It would appear that between 3m and 4m per annum is required to run a full time professional club at the moment, and that is current expenditure, not capital. Over a 5 year period, means spending 15m plus. Over that 5 years not every club will be getting UEFA prizemoney, and no club over the last 5 seasons would have averaged 1m on league gates and season ticket sales.

Where are you getting 3m or 4m out of?

[LTFC]

Where are you getting 3m or 4m out of?

Am I wrong? 2022 wages figures in premier div was 15m on revenues of 26m , includ uefa prize money.

[culloty82]

It surely can't be?

They all have contracts for the season - I don't think they can move outside the transfer window as they weren't free agents when the window closed. So the contracts have to be honoured. Players mightn't get paid - but then again they might. Or they might get paid a portion of their salaries, which is better than nothing.

Not to mention that given the way the licensing process works nowadays, clubs have to submit their paperwork from June onwards, with the various stages being assessed in the subsequent month - granted, special dispensation might be given for a new entity to submit an emergency bid in November in order to try to tick all the boxes by February, but (a) that would be a tight turnaround even with no stadium work required, and (b) effectively shutting the club down now would hardly help matters.

[Nah Nah Nah Nah]

Am I wrong? 2022 wages figures in premier div was 15m on revenues of 26m , includ uefa prize money.

That was us the last couple of seasons and I’d say we’re spending less this season. Lot of Europe travel and extra bonuses in 2022.

“Total expenditure for the 2023 season was €2.36 million, down from €2.85 million in 2022.

Mr Rowe told the meeting that it now costs at least €2 million run a competitive League of Ireland Premier Division club.”