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Thread: LOI Financial Impact Report

  1. #21
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    Quote Originally Posted by 2 Year Contract View Post
    Interesting that the year Bohs went full time in 2022 is the year they started joining the others in making losses
    I'll have to look into it more but Bohs started transitioning to full time before 2022. Looking at the squad list for 2021 I think the vast majority including the management team were full time. Only one I know had a job being Wardy but even then he may have packed it in by that stage. Id say the losses that year are more than likely down to sacking a manager who had a few years left on his contract

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  3. #22
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    Quote Originally Posted by Another Bohemia View Post
    I'll have to look into it more but Bohs started transitioning to full time before 2022. Looking at the squad list for 2021 I think the vast majority including the management team were full time. Only one I know had a job being Wardy but even then he may have packed it in by that stage. Id say the losses that year are more than likely down to sacking a manager who had a few years left on his contract
    The lack of European football since 2021 would be a factor too i suppose
    Paaatrick's Agletic

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    Quote Originally Posted by joey B View Post


    Combined losses of 7.6 million for 9 of the 10 2023 Premier Division clubs….
    What does it say when the only 2 years that the league as a whole didn't lose money were the years when there was a global pandemic, with fans prevented from physically attending games?

    This tells me that the obvious route to financial sustainability is to get rid of the supporters

  5. #24
    Capped Player nigel-harps1954's Avatar
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    Quote Originally Posted by EatYerGreens View Post
    What does it say when the only 2 years that the league as a whole didn't lose money were the years when there was a global pandemic, with fans prevented from physically attending games?

    This tells me that the obvious route to financial sustainability is to get rid of the supporters
    Or, it's amazing what you can do with a bit of extra government support.
    https://kesslereffect.bandcamp.com/album/kepler - New music. It's not that bad.

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    https://www.echolive.ie/corksport/arid-41521007.html

    Looks completely unsustainable. Cork fans would want to get together and try to ... Oh hold on, nevermind.

  7. #26
    Biased against YOUR club pineapple stu's Avatar
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    How on earth do Cork need that level of money thrown at them to be relegated from the Premier/win the First?

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    Quote Originally Posted by pineapple stu View Post
    How on earth do Cork need that level of money thrown at them to be relegated from the Premier/win the First?
    "I was caught like a robin in headlights"

    Crazy how he describes the money he put in as "investment". Like he's ever going to see it again, nevermind a return.

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  10. #28
    Seasoned Pro oriel's Avatar
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    Quote Originally Posted by pineapple stu View Post
    How on earth do Cork need that level of money thrown at them to be relegated from the Premier/win the First?
    Wouldn't think Maguire is cheap, and prob had a signing on deal too, Keating either for that matter would have been on PD wages.
    #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).

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    International Prospect Nesta99's Avatar
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    An eye for bathrooms are just what you need for football clubs merchandise golden goose - you're slacking off Bohs!

    Is there a suggestion that there is to be 'Cork City' type branding rather than CCFC or just the way the journalist phrased things. The former wouldnt be at all like the HF/Dublin City genius of tourist jersey sales.

    I wish Dundalk had a handy €1.4m investment from a new owner these days....

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    Quote Originally Posted by Nesta99 View Post
    An eye for bathrooms are just what you need for football clubs merchandise golden goose - you're slacking off Bohs!

    Is there a suggestion that there is to be 'Cork City' type branding rather than CCFC or just the way the journalist phrased things. The former wouldnt be at all like the HF/Dublin City genius of tourist jersey sales.

    I wish Dundalk had a handy €1.4m investment from a new owner these days....
    I've seen mock ups of a jersey with a toilet on it alright. It symbolized where our season ended up last year

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    Biased against YOUR club pineapple stu's Avatar
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    Quote Originally Posted by oriel View Post
    Wouldn't think Maguire is cheap, and prob had a signing on deal too, Keating either for that matter would have been on PD wages.
    Surely they can afford a couple of guys on Premier wages given they have more coming through the gates than half the Premier?

    (Who admittedly seen to be haemorrhaging cash at a similar rate ..)

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    International Prospect Nesta99's Avatar
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    Quote Originally Posted by Another Bohemia View Post
    I've seen mock ups of a jersey with a toilet on it alright. It symbolized where our season ended up last year
    I was thinking more Rovers themed bogroll in Bohs store.

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  16. #33
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    Quote Originally Posted by Nesta99 View Post
    I was thinking more Rovers themed bogroll in Bohs store.
    For the real 'hoops'

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  18. #34
    Seasoned Pro legendz's Avatar
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    League of Ireland financial report.
    https://www.rte.ie/sport/soccer/2024...irish-economy/

    The GAA respond with their economic impact.
    https://www.gaa.ie/article/social-va...-irish-society

    The GAA are now dealing with revenue issues.
    https://www.rte.ie/sport/football/20...evenue-issues/
    https://foot.ie/forums/117-Kerry-FC
    A Championship: 4 years - 8 first teams - 0 financially ruined. First Division '14: 7 first teams.
    Opportunity lost for new clubs/regions to join the LoI family.

  19. #35
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    Hopefully the new government with their Rovers Fine Gaelers will point out that a sport isnt skint when the governing body had major financial reserves sitting in the bank and that they have massive wealth generating capacity with large stadia nationwide along with one of the biggest in Europe. It is typical that they have played the poor mouth in fear of missing a beat but its from their old playbook - they have serious middle child like issues seeing anything that others (may) get as them being neglected. Im not that sure why Croke Park should be expected to step in for county boards, it'd be like asking the FAI even if minthed to just pay the taxman on behalf of clubs that havent bothered (currently a fantastic idea!).

  20. #36
    Seasoned Pro joey B's Avatar
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    https://www.businesspost.ie/news/us-...e-in-kerry-fc/

    Wasn’t sure where to put this but 1.5 million invested in Kerry FC by Tralee native John Wall, the chief financial officer of Nasdaq-listed Cadence Design Systems…..
    Irish by birth ,Harps by the grace of god.

  21. #37
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    Quote Originally Posted by joey B View Post
    https://www.businesspost.ie/news/us-...e-in-kerry-fc/

    Wasn’t sure where to put this but 1.5 million invested in Kerry FC by Tralee native John Wall, the chief financial officer of Nasdaq-listed Cadence Design Systems…..
    Nice! Maybe Brian Ainscough's comments this time last year about Kerry being 5-10 years away from a club like Dundalk were true after all… in a roundabout way
    Paaatrick's Agletic

  22. #38
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    Quote Originally Posted by joey B View Post
    https://www.businesspost.ie/news/us-...e-in-kerry-fc/

    Wasn’t sure where to put this but 1.5 million invested in Kerry FC by Tralee native John Wall, the chief financial officer of Nasdaq-listed Cadence Design Systems…..
    The son of a retired Tralee Town and Kerry County Councillor of the same name, so, being local, you'd hope he'd be involved for the long haul!

  23. #39
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    The bigger concern would be how Kerry managed to make a net loss of €200k last year, when their outgoings would presumably be one of the lowest in the league?

  24. #40
    Seasoned Pro legendz's Avatar
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    The net loss is concerning alright. It cannot be sustainable. Better to be in a National League and cutting their cloth than to be making unnecessary losses.
    https://foot.ie/forums/117-Kerry-FC
    A Championship: 4 years - 8 first teams - 0 financially ruined. First Division '14: 7 first teams.
    Opportunity lost for new clubs/regions to join the LoI family.

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