QuoteThe big difference between Shels and Rovers situation is that Shels/Olly are sitting on an asset worth anything between €20m-€25m(?) which makes it absolutely impossible for the Shels fans to buy/take over the club in any shape or form.
But the merchants of doom were right - it's clearer now more than ever that your spending through these years couldn't be supported by your income.Originally Posted by The Sheliban
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
The big difference between Shels and Rovers situation is that Shels/Olly are sitting on an asset worth anything between €20m-€25m(?) which makes it absolutely impossible for the Shels fans to buy/take over the club in any shape or form.
When all your rivals die, what then? Think about it!!No real need to. None of those posts went OTT (I'm particularly interested in this field). I despise Shelbourne. Thats not trolling, its just football rivalry. I hope they die and I'm not apologising for it.
Alkev, seriously don't bother trying to convince Dodge otherwise, pointless venture.
StickyJoe, exactly, where rovers fans bought a club worth nothing, Tolka Park does still exist and despite what reports and rumour suggest, any fans takeover would require them to include the ground in the bid. Which in my eyes, unless I win the Euromillions, is a non starter.
I respect the Rovers lads for what they did, but I just don't think at this moment Shels fans are there in large enough numbers. They are also very apathetic fans at times, and there is once again the issue that the owner does not want to sell.
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Gareth, the unfortunate reality is that most people can't get past Ollie Byrne in their feelings for Shelbourne. The fact he owns 99% of the club is frightening. I, for one do not enjoy clubs in this land suffer a demise. We were in a financial mess not so long ago and I certainly wouldn't appreciate the comments coming from fellow EL supporters. We got back on our feet, however the difference being the people of Derry got behind the club as a city. Shels as Drumcondra do not have that luxury.
Don't want to sound patrionising but good luck as you are a genuine EL supporter.
As Irishmen we dilute our sense of nation by depending on the English to bring us our balls
Exactly, my club were also in the same situation not to long ago. Hopefully the genuine fans like yourself can come out smilng in the end. Whatever about Ollie, I honestly dont think anybody wants to see more clubs dissappearing.
Weren't the Rovers board/ Mulden/ Sloanpark/ whoever also sitting on an asset worth a lot of money? I wonder with the right pressure could the council do a similar move to which saw the propert sharks around Rovers skulk off. If Dublin City Council came out and said they won't be giving planning permission for anything other than sporting, then the land value will drastically reduce in value. Indeed, isn't it already over stated as as I understand the council have said they'll be no planning permission until Shels are sorted somewhere else?
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Deduct the 6.5m drawn-down, the fact that its a lease not a freehold and the need for the land to be re-zoned to realise anywhere nears its value (not to mention the direction the Dublin property market is going) and that number is waaaay off.
If Shels can limp on for another year or two the FAI/Bertie will come to the rescue with a spanking new stadium at Abbotstown for them to share with whatever other Dublin club that has hocked itself into semi-oblivion (Pats looking like favourites here).
Meanwhile Derry will no doubt still be trying to re-develop the Brandywell...
I agree too. While I have no great love for Olly by any stretch of the imagination, I could never bring myself to be happy to see any club in the country go under.
I hope they manage to get rid of him and get some sort of solid structure sorted but it doesn't look good for them at the minute.
Even if it's only €5m, it's still a monstrous amount of money for a fans' group to come up with.
We're not arrogant, we're just better.
I agree, but I was referring more to the mistaken belief that Ollie is sitting on a pot of gold.
I'd bet if the business was wound up today, there wouldn't be a whole lot to divvy out once every creditor is settled and costs are taken into account.
If Ollie won't give up the reins then the only option to fans is setting up a new club. Bankruptcy may, perversely, be the best thing that could happen to Shels from the perspective of the fans, as it would allow "regime change" and a fresh start.
I'm really worried about Shels. We really need a financial backer.
What about that dodgy lawyer - is he still interested? He should have plenty of spare time to run Shels now that he's got one less client to deal with...?
SIGNATURESCOPE
Apparantly Ollie asked him to invest Di Stefano left him hanging...
TO TELL THE TRUTH IS REVOLUTIONARY
The ONLY foot.ie user with a type of logic named after them!
All of this has happened before. All of it will happen again.
especially if you've only got 6 fans
[QUOTE=OneRedArmy;600080]Deduct the 6.5m drawn-down, the fact that its a lease not a freehold and the need for the land to be re-zoned to realise anywhere nears its value (not to mention the direction the Dublin property market is going) and that number is waaaay off.
QUOTE]
Lofty I have no personal idea of the price of the lease etc. but that figure is the general figure quoted down here in the media for the value of the lease. I think the Star last week had the figure at approx € 28m and they reckoned € 6.5m had been drawn down which left about € 20m still there. So I think your idea that the lease is worth far, far less then that could be off the mark
AFC Wimbledon fans raised £3.5m (sterling) to buy their current ground, with an active support base of only 1,500-2,500.......
Ad they're extremely far off getting to the stages where English football starts to bring in big cash through TV rights, plumb FA Cup draws etc.
Holy fcuk JR - is the current situation teaching you nothing ?
So the solution is to get someone in to throw money at the club, until the inevitable point at which they eventually withdraw - leaving Shels right back at square one....?
Shels do not have any sort of divine right to exist at the top of the Irish footballing food-chain. In fact - it's the complet opposite. You don't even deserve to be there on false pretences, as you simply can't afford it. The answer to Shels problems are therefore not to continue with that farce for a few more years. No - what Shels need is to :
a) Live within your means - even if that means winning nothing for some time. Welcome to the real world for 90+% of football clubs in Europe.
b) Develop a proper strategy for increasing your income and support base, to broaden your financial means and therefore increase your chances of competing at the higher levels over time.
c) Build-up a larger and stronger support base, and proper links into your local community.
Financial backer my arse. If you sit around praying for a queue of people to continuously throw-money at your cash-greedy club, then yees deserve to go to the wall for that sort of financially retarded attitude....
Last edited by dcfcsteve; 08/01/2007 at 11:49 AM.
I didn't post it looking for a response. But you already did on another thread. Something about not liking me
World domination, obviously. I think you missed the point here. I don't want all cubs to die, just Shels. can't see it happening myself
54,321 sold - wws will never die - ***
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On what basis would Shels be denied a Uefa Licence? If its for financial reasons then surely they would also be denied a League licence? AFAIK Uefa licence just adds on issues such as infrastructure i.e. suitable ground to play Uefa competition...?
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