QuoteIt was a bog in fairnessOriginally Posted by Elfman
A pity they couldn't keep the pitch. Was that purely for long term cost savings or are Cobh planning to rent it out locally?
It was a bog in fairness
FC32 is a global multi-club ownership group of operators dedicated to developing player talent and unlocking potential across its portfolio. Founded by seasoned sports executives, FC32 focuses on building robust talent pathways and fostering both men’s and women’s football programs. With a vision for long-term impact, FC32 aims to cultivate high-performance environments within its clubs worldwide, prioritising community engagement and sustainable growth. The US-based FC32 recently took over Austrian outfit SKN St Pölten while they also have a stake in Swiss second-tier club AC Bellinzona and Serie A side US Salernitana.
https://www.independent.ie/sport/soc...119107418.html
I Googled it for you m8!
Where are all the dire warnings about an American sports investment fund?
Last edited by Nesta99; 12/03/2025 at 5:14 PM.
What kind of crowds would be realistic for Cobh expect for a Premier Division season out of curiosity? There are very few clubs left now that don't have some kind of outside backing. As in they were taken over or investors came in.
Upwards to the vanguard where the pressure is too high.
If they don't fork out to maintain the new astro pitch properly it'll be a car park, which is no better.
Cost saving, club were paying a small fortune in rental of pitches for training and academy games. Don't know the figure but it was around 50k a year to rent pitches for training etc.
The pitch was down before FC 32 came in.
''and I for one welcome our new insect overlords''
I reckon Cobh can attract a regular hard core of 1,500 in the Premier. If they could maintain their position in the league the aim would be to increase this to 2,000+
Ah OK, thanks. Definitely understandable so but a pity FC32 didn't get in before the new pitch as they appear to have the funds that could have kept the grass surface. Hopefully they keep the new one up to scratch!
They've pulled out of St Polten, but the club have reassured supporters:
https://www.irishexaminer.com/sport/...-41606905.html
Not a great development. You'd worry about their finances now, regardless of their relationship with the Austrian club. Hopefully they can get through the season. With hindsight, looks like the purchase by FC32 wouldn't have made a difference to the grass pitch!
Are Cobh fans and business people organised to step in at short notice ust in case? It does deserve a thread of its own!
But can I just say I knew it, I told ye so, it was always going to be a disaster, Im great for calling it first, their new investment was never a worry to the rest of the league hopefuls Arkaga Arkaga Arkaga....
Last edited by Nesta99; 05/04/2025 at 12:37 PM.
https://cobhramblers.ie/club-stateme...ership-update/
Cobh fully parted ways with FC32 ,seems they just dropped them completely funding wise and was left to the original people there to keep it going, they’re also about to announce new investors who’ve seen to have been involved in recent months already….
Irish by birth ,Harps by the grace of god.
Hopefully they don’t get stung and miss out on the new investment. Lot of lads there on good money by FD standards this year
Paaatrick's Agletic
Gonna have my moan here, watching this for so long and the same thing happening over and over again. So Cobh get new owners/investors and with this new set up agreed to increase the clubs budget far above what the club can generate. Now, what are the new owners/inestors doing, are they giving the club money, ie sponsorship....of course not, they are investing, in other words lending money to the club to increase expenditure with money that they want back, in some cases money they have borrowed. Roll forward and they want out, but club is left with nearly a full time set up and assoicated costs. Drives me nuts.
From what I have heard from some insiders the Club is very confident of the new investors, they have had to wait to take over once all the legal stuff was completed with FC32 Global Investments Limited.
The Manager Michael McDermott had already confirmed this in a recent interview. I now expect a further statement from the club to announce this new investment.
Surprising Roy Keane doesn't get involved - he's been at a few LoI matches this season (albeit up the road), and any personal contribution would be significant by the standards of the League?
Posting Permissions
Bookmarks