QuoteOooh, really want to say something.Originally Posted by finnpark
If Ollie is in goals we won't score a thing. How do you get the ball past his head
No, better off not taking the bait.
Threads merged
Kom Igen, FCK...
Oooh, really want to say something.If Ollie is in goals we won't score a thing. How do you get the ball past his head
No, better off not taking the bait.
Last edited by Risteard; 30/01/2007 at 5:22 PM. Reason: avoiding ban
City definetly have the best bands playing at half-time.
O'Bama - "Eerah yeah, I'd say we can alright!"
G.O'Mahoney Trapattoni'll sort ém out!!
Me too - you say it first so I won't seem so bad
Finn Harps Dot Com
www.finnharps.com
I think you already did mate... edit ...edit...
(It was fairly sick though so best not repeat it eh?)
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.
If 12million is the figure quoted from the Star, then I wouldn't believe it - their maths seems to include the 'double it, add your age' method normally
Going on PoorStudent's figures, they could be in the region of 7mil in debt, but on the other hand they are still due around 15mil upon the sale of Tolka (whenever, if ever, etc.). Looks like a cashflow problem only - all the money tied up in fixed asset.
Its a lot more zserious then a cash flow. A DCC member went on Live radio 2 weeks ago and stated that any potential re-zoning of Tolka Park is 4 years away. Shels need the money now and I doubt Ivano Cafollo and Jerry O'Reilly are going to hand over any more money now.
The money from the developers is debt because they want to own Tolka Park as soon as possible and Shels cannopt give them that.
The rest is very easy to presume as close to fact. We know the revenue/wages/bonus debt is true and the other debt isnt all that difficult to take as true [or close to] because they are spending way more then Bohs and Bohs have lost similar amounts over the past 6 years and have kept the debt down via members loans, bonds, life membership and the Shopping Centre end deals.
It's also a situation where Shels liabilities are far in excess of their assets. As it stands Shels have an asset in the leasehold interest in Tolka, which at this moment in time (zoned ammenity/leisure i presume) is worth less than their reported liabilities.
They are not a viable entity and if they continue to trade it is likely that they will be doing so recklessly.
People will say that they Tolka Park has a potential value of x if resold. Try going into the High Court and say that if a, b and c happens we can realise x, they'll laugh at you.
I think you already did mate... edit ...edit...
(It was fairly sick though so best not repeat it eh?
As someone else said, makes sense to stay in the silent majority.
At least someone got amused/ apalled.
City definetly have the best bands playing at half-time.
O'Bama - "Eerah yeah, I'd say we can alright!"
G.O'Mahoney Trapattoni'll sort ém out!!
So will Shels have their "Eircom League Champions" title stripped too? they might as well, seeing as they've nothing to defend and have lost everything else.
'Fascists dress in black and go round telling people what to do, where as priests.....'
As a great Bohs fan once sang...
I've been waiting such a long time,
looking out for a team
But they're not here
What's another year?
I've been waking such a long time,
reaching out for cash
But cash ain't near
What's another year?
What's another year
For someone who's lost everything that they own?
What's another year
For someone who's getting used to being alone?
(No fans, you've got no fans)
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.
Quality! Do they have just a 'shel' of a team now?
'Fascists dress in black and go round telling people what to do, where as priests.....'
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