To be fair to Shels, Fenlon and others are often open about them spending money they don't have. They're going for the "speculate to accumulate" type of planning that worked so well for Rovers
To be fair to Shels, Fenlon and others are often open about them spending money they don't have. They're going for the "speculate to accumulate" type of planning that worked so well for Rovers
54,321 sold - wws will never die - ***
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You wont ever see any accounts for shels (or Longford) as their football club(s) are not incorporated bodies, as such they have no obligation to return accounts to the CRO.
However, shels debts are evidently directors loans which would in large part be paid off by the sale of tolka with the remainder being used as shels wish.
Of course, this is permitted by the license, but what the hey...
eh, we're a members club though, so member's will see the accounts.Originally Posted by thomas
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Is the tax man a member too?
How is it in any way transparent if you are not obliged to return accounts when others do?
Correct, pay your 40 or 50 quid a year and you can see them at the AGM.
Thomas, we've had many dealings with the Revenue recently and have a TCC for the whole of 2006 as far as I'm aware. We paid them a large sum of money not too long ago.
Last edited by Longfordian; 21/02/2006 at 12:36 PM.
Went up to Saratoga, where my horse naturally won.
Revenue returns and the CRO are two seperate issues Thomas. I mean whats the current Rovers one on the CRO. Because if you're looking for transparency, all those listed as "Shamrock Rovers Football Club" are dissolved...
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Obviously, and known to most in eL circles anyway.
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
True, some issues with that, but will be renamed shortly.
True, but there is a company there as NH said. Agreed on the returns/revenue, but it still smacks of a lack of transparency when 20 / 22 clubs have balance sheets available for anyone with €2.50 to spare and 2 don't.
Transparency for who? As long as Revenue know whats going on , whats the problem?
54,321 sold - wws will never die - ***
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New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
I know that you're not the brightest but this has been explained before. Coming from a club that couldnt register their players is rich. Why dont you toddle back to boards beavis?
KOH
Obligation for books, records and auditing are non existant in comparison with incorporated entities.
It needs to be transparent so that all clubs know they are on an equal footing. This is especially the case for auditing and for how employees are paid.
For example, an unincorporated club might get away paying self employed players a gross sum while everyone else has to pay net to players and the tax balance to revenue. This means there is a significant disadvantage for all other incorporated clubs.
Added to that failing to be a limited company or co-op is unprofessional and extremely risky for anyone directly involved.
It´s quite sad to see certain Shamrock Rovers fans post messages on this site gloating about other club´s alleged financial difficulties given what´s happened with Shamrock Rovers FC over the past couple of years. ´Minnowism´ is about the only word that i can use to describe it.
Business as usual
Coming from a limerick fan I find that deliciously ironic.
The fans saved our club and discovered that previous practices were non existent. Now that we are following proper procedures it is only right that questions be asked regarding other member clubs.
KOH
How is it ironic. I am not gloating over any club´s perceived financial difficulties.
Business as usual
Where does it gloat? Its pointing out a reality that unincorporated clubs can get an unfair advantage compared to everyone else.
Try re-reading the posts, legal obligations under the companies act do not = financial difficulties.
Should we start an I agree thread or can people contribute actual opinions.Well Said !
I suspect it was the Limerick fan calls Rovers fans minnows bit.
KOH
No One Likes Us, We Don't Care
Of course, so if they have nothing to hide I wouldn't have to mouth off about how they are hiding it.Wild and ignorant opinions and ridiculous accusations about other clubs when you dont have a clue about them should not be welcomed IMO on this forum !
So you really do have the best candyfloss stand in the circus? Arguing or debating anything with a Rovers fan on this or any other website, shucks even in real life. Should be an event in the Special Olympics.
kdjac
Last edited by kdjaC; 21/02/2006 at 9:25 PM.
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