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Thread: Money..

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    Apprentice Schwalker's Avatar
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    Money..

    Whatīs the matter with Irish clubs and money matters..?

    There is hardly a thread that donīt ends up with speculations about money. Who will go bankrupt? Who will make it big? Revenue this..Debts that!

    The idea of having a realistic budget and having the books scrutinised by accountants every year havenīt reached the clubs?...Or is all clubs just built on sand in a financial sense?

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    Biased against YOUR club pineapple stu's Avatar
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    Quote Originally Posted by Schwalker View Post
    Or is all clubs just built on sand in a financial sense?
    For most clubs, it's as simple as that. Some have learned from past experience - UCD, Waterford, Rovers, Harps - and appear to operate properly now.

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    Apprentice Schwalker's Avatar
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    So itīs a combination of fiscal optimism and drunk chairmen at to many clubs...

    Money, Eircom is just next to the richest league in the world but many Irish clubs canīt pay their bills, because so many choose to support glamour teams in the EPL?..Hardly!
    With summer footy there is no real competition with the EPL I guess..So the problem lies with the product. Yes I know Iīm not telling anyone something new.

    So what does the Eircom needs to become popular?

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    First Team BohsFans's Avatar
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    Quote Originally Posted by Schwalker View Post
    So itīs a combination of fiscal optimism and drunk chairmen at to many clubs...

    Money, Eircom is just next to the richest league in the world but many Irish clubs canīt pay their bills, because so many choose to support glamour teams in the EPL?..Hardly!
    With summer footy there is no real competition with the EPL I guess..So the problem lies with the product. Yes I know Iīm not telling anyone something new.

    So what does the Eircom needs to become popular?
    please don't call it "the eircom".

    Eircom are a phone company!

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    Apprentice Schwalker's Avatar
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    Quote Originally Posted by BohsFans View Post
    please don't call it "the eircom".

    Eircom are a phone company!
    Sorry..The EL

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    First Team BohsFans's Avatar
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    Quote Originally Posted by Schwalker View Post
    Sorry..The EL
    that's better

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    seems to me the basis of all money troubles in the EL is players demands.
    football players, as humans,are by and large numbskulls.
    they have their 5 tracksuits,white trainers and diagonal stripe through their hair and all think they are worthy of playin in the golden mecca that is english football.
    managers have no choice but to invest in these imbeciles as they have a modicum of talent which can bring temporary success in a league starved of genuine quality.
    joxer kelly.the baker runts,half the cork team - thses are perfect examples of these f**kers who deamnd high wages and go missin when its needed.
    dont get me wrong there are some genuine footballers in this country .
    people like mccourt,joe gamble,tony mcdonnell of ucd, barry murphy at rovers -these guys are trying their balls off.

    until such time as we can get more real footballers into the league and not these trainee hairdresser's then money will alwayd be too tight to mention.

    oh and i dont care if you disagree..
    adios
    Shamrock Rovers- Where trophies are won and envy is scarce

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    First Team BohDiddley's Avatar
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    You don't think it's got something to do with the fact that no one, bar a few lunatics like us, goes to see them play?

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    Now with extra sauce! Dodge's Avatar
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    Bottom line is there is NO money in the league and its not an attractive proposition to invest in either. Add in the "speculate to accumulate" business practices and the fact no club wants to be left behind and you have the current situation. Its the perfect model for disaster. I just hope more clubs go bust and the rest sort themselves out.
    54,321 sold - wws will never die - ***
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    There is something peculiarly intoxicating about football that makes normally quite cautious/sensible business people make ridiculous decisions and take kludicrous gambles - all to 'follow the dream'.

    It is not a peculiarly Irish phenomena. It happens all over Europe. Gretna would be a classic and pertinent example right now.

    Football just makes smart people act stupid. We can blame the players, the fans or whatever, but they're not the core problem. Money problems still exist in leagues with 20 times our support. The problem is still there in leagues with bags of talented players. Leeds United any one...?

    Football is just a stupid pill. Until smart people stop making stupid decisions, football will continue to face money problems in Ireland and elsewhere.

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    First Team Jerry The Saint's Avatar
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    "Visionaries" like Roddy Collins and Ollie Byrne would tell you that the only way to get rid of these money problems is to spend even more money!
    SIGNATURESCOPE

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    Football all over the world is a loss making business, it's just that it is repeated on different scales depending on the size of the league in question. I hate the way the media constantly make an issue of the likes of CHF folding, and how it is a sign of things to come for others. Clubs have always struggled financially, most weather the occasional storm, and some thrive against all the odds. This is not unique to Ireland. If anything we'd be the odd ones out if our clubs consistantly reported a profit at the end of each financial year. There may be huge sums of money circulating in some of the bigger leagues in Europe, but guess where it all goes - the players' back pockets, that's where.
    Ireland: Discovered!

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    Godless Commie Scum
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    Ultimately it's down to not enough money coming in to meet the wage bill, due to lack of support. The Irish are a nation of part time glory hunters, in all sports, which is a problem for football based on a league campaign of 33 matches.

    This is all exacerbated by net pay contracts, which lead to avoidance attempts to reduce the tax bill, especially for part time players. Revenue has copped on to this practice, hence the raft of big tax bills. The FAI have to insist on gross pay contracts only from now on, and should do a deal with someone like Sage to get all clubs producing proper accounts, payslips, revenue returns etc
    If you attack me with stupidity, I'll be forced to defend myself with sarcasm.

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    Banned dcfcsteve's Avatar
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    Quote Originally Posted by Macy View Post
    Ultimately it's down to not enough money coming in to meet the wage bill, due to lack of support. The Irish are a nation of part time glory hunters, in all sports, which is a problem for football based on a league campaign of 33 matches.

    This is all exacerbated by net pay contracts, which lead to avoidance attempts to reduce the tax bill, especially for part time players. Revenue has copped on to this practice, hence the raft of big tax bills. The FAI have to insist on gross pay contracts only from now on, and should do a deal with someone like Sage to get all clubs producing proper accounts, payslips, revenue returns etc
    Macy - this is not the ultimate problem. It's just a symptom.

    If those who run Irish football clubs ran them like any other non-football organisation or business - i.e. spent only what they could afford to - then they wouldn't be taking on such large wage bills. That is the bottom line.

    You can't blame crowds. The crowds we have are the crowds we have, and our clubs just have to get on with working within that current reality. Spending beyond what your fan base suggests you can afford, and then blaming the lack of crowds for the inevitable financial problems that ensue, is like taking the roof off of your house and then blaming the weather when you get flooded out.

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    Biased against YOUR club pineapple stu's Avatar
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    Quote Originally Posted by placid casual View Post
    seems to me the basis of all money troubles in the EL is players demands.
    Eh, no. It's the fact that people will pay the money that's being looked for.

    It's possible to run a club on a proper budget. Most clubs just don't. If they did, the league would be a much better place. It may be a weaker league, but it would at least be in a position to grow.

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    Like the Fonz. Only a dog. Mr A's Avatar
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    I don't think the league would be all that much weaker. The vast, vast majority of the players would still be here, just on less money.

    Maybe the 65% wage cap can make an impact next year...
    #NeverStopNotGivingUp

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    Biased against YOUR club pineapple stu's Avatar
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    Quote Originally Posted by Galway Harps View Post
    Maybe the 65% wage cap can make an impact next year...
    I remember the same said about UEFA Licencing.

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    Banned dcfcsteve's Avatar
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    The sad thing is that the only obvious example of a large well-regulated league in Europe (France) also performss well below it's expected strength in European club competitions.

    French football is effectively being punished for unilaterally introducing strict rules on financial competence. UEFA should recognise this and lean on other associations to follow suit.

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    Biased against YOUR club pineapple stu's Avatar
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    What about Switzerland? FCB in the second group phase of the CL recently, knopcing out Liverpool and Celtic and getting results off Juve and Man Utd. FC Thun there last year from nowhere and certainly not getting embarrassed. Only twice the size of Ireland too. Very strict rules there on finances - Servette were kicked out of the league among others.

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    Reserves manic da hoop's Avatar
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    Quote Originally Posted by dcfcsteve View Post
    You can't blame crowds. The crowds we have are the crowds we have, and our clubs just have to get on with working within that current reality. Spending beyond what your fan base suggests you can afford, and then blaming the lack of crowds for the inevitable financial problems that ensue, is like taking the roof off of your house and then blaming the weather when you get flooded out.
    So very true. There are too many of us that somehow believe that if we tweek some specific element slightly then the crowds will come pouring in...they won't. And blaming summer soccer for not being able to dramatically improve on this problem is silly and over-simplistic. There is no catch-all solution to the various problems that we face. Some changes will make some improvements, but the sooner we accept this league's limitations (and work around them) the better. The Derry team that lost to a Cypriot side three years ago weren't a pub team, the Derry team that hammered Gretna the other night aren't world beaters - certain small but significant hanges were made, and they paid off. Those that don't shouldn't be an excuse for saying "ah fcek it, it's usless".
    Ireland: Discovered!

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