Romour they owe revenue 500k. How the hell could they create such a debt?
Bohs deny financial crisis
13/10/2005 - 12:13:03
Bohemians have denied rumours that they have had their bank account frozen due to a finanical crisis at the club.
The club is currently heavily in debt and recently lost striker Dominic Foley who had his contract cancelled because a large bonus payment had not been paid.
However, club secretary Gerry Cuffe has claimed that rumours that their bank account had been frozen are completely untrue. “We are at a delicate stage of negotiations with the Revenue, but our accounts have certainly been frozen,” stressed Cuffe.
Romour they owe revenue 500k. How the hell could they create such a debt?
And €2million in total debt? And the stand at the shopping centre isn't being built, so that end will be just a wall.Originally Posted by pete
I assume they've been let build up the debt because Dalyer is worth so much, and did so the same as every other club - through poor financial management.
Didn't the Finance Committee and/or Finance Director resign a couple of years ago? Guess we know why now....
However, I'm sure it's all Stephen Kenny's/ Shoddy's fault...
Last edited by Macy; 13/10/2005 at 12:21 PM.
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Well well well what the dogs on the street have known for a while is finally in the public arena.
While nobody likes to see another EL club with massive debts it could not happen to a nicer bunch considering their attitude towards us
Massive debts, players not getting paid?? Who is running the "big club"? Our old board
Unfortunately they could lose thier only asset here, their ground
KOH
What is being done to sort it out though ..... in fairness to Pats, they cut their cloth and made all players go part-time and curbed the spending ... if thats what needs to be done then someone has to make the call.
The sooner that eL clubs start operating on a sound financial footing the better ... there are lessons being learnt needlessly.
The SFAI are the governing body for grassroots football in Ireland, not the FAI. Its success or the lack of is all down to them.
Originally Posted by A face
pats did not go part time - they always had a mix of part time and full time players depending on the players circumstances. Clubs will always overextend themselves in pursuit of success - its the nature of football which isnt a real business especially in Ireland.
Did he mean to say thatOriginally Posted by joeSoap
SIGNATURESCOPE
Is there any update on this!
"Football Is an honest game. It's true to life . It's a game about sharing. Football is a team game. So is life."
Sure it's no wonder they had a big clear-out of their most expensive players in the winter.
Extratime.ie
Yo te quiero, mi querida. Sin tus besos, yo soy nada.
Abri o portão de ouro, da maquina do tempo.
Mi mamá me hizo guapo, listo y antimadridista.
The silence speaks volumes.Originally Posted by The Wanderer
KOH
No One Likes Us, We Don't Care
Probably going to have another Rovers if nothing is done soon. At least you have a stadium
www.braywanderers.ie (Club)
www.braywanderers.com (supporters club)
Sharks are as tough as those football fans who take their shirts off during games in England in January, only more intelligent.
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