Crisis Clubs Flying Under the Radar?

**neutrino** · 22/02/2007, 7:58 AM

Originally Posted by WeAreRovers

I never said financial problems. I'm delighted everything is so rosy in the west.

KOH

then what are you saying so ? ur asking questions without saying what you've heard. so what have you heard ?

if that was posted re: shams, there'd be a 101 of ye of here pleading victimisation.

so tell us what you've heard and the good sligo rovers people on this forum will tell you what's going on ; whether it true or not. then it can be dispelled or confirmed.

**Macy** · 22/02/2007, 8:09 AM

Originally Posted by De Town

Any Town fans who know more, feel free to add to this....

For the second season running we've dropped our budget big time. Seems to be a new sense of financial realism at the club, and just about in time too. Hopefully the Supporters Trust will take pressure off the club to as it seems that the short term dream of hosting the European games in Longford came at more of a long term cost than was anticipated. In my view that would be one of the saving factors - the majority of our debts relate to capital expenditure rather than current expenditure.

Playing wise, the budget cut has obviously had an impact - as was said by De Town, starting 11 is arguably a better mix than last season but the squad is wafer thin.

**Jamjar** · 22/02/2007, 8:42 AM

Originally Posted by neutrino

then what are you saying so ? ur asking questions without saying what you've heard. so what have you heard ?

if that was posted re: shams, there'd be a 101 of ye of here pleading victimisation.

so tell us what you've heard and the good sligo rovers people on this forum will tell you what's going on ; whether it true or not. then it can be dispelled or confirmed.

A lot of Sligo fans seem to be asking questions....so don't be so paranoid
http://foot.ie/showthread.php?t=53463

**monkey magic** · 22/02/2007, 9:50 AM

as said above, from what ive gathered the situation down ere is simple; budget has been slashed to cut costs and if it costs us our place in the top flight, then so be it... theres some long term debt, mainly capital, but not exclusively, and its being dealt with accordingly. the supporters trust wil be a big help and indeed has been already

**NY Hoop** · 22/02/2007, 11:25 AM

Apparently longford are practically going amateur this season. At least they are showing financial restraint. Not that we will be allowed near it in july but how is the bar coming on in flancare?

Sligo's notoriously fickle support will have a bearing on their finances this season.

KOH

**Rory H** · 22/02/2007, 11:57 AM

Originally Posted by NY Hoop

Sligo's notoriously fickle support will have a bearing on their finances this season.

every club deals with that..most teams have lower crowds when results dip

**Red4Eva** · 22/02/2007, 3:28 PM

Originally Posted by NY Hoop

Sligo's notoriously fickle support will have a bearing on their finances this season.

what are you on about???

**pineapple stu** · 22/02/2007, 6:45 PM

Originally Posted by Gaillimh Al

Season ticket[...]revenue is up.

Is it? I remember reading the thread on the season ticket sales, and as of a couple of weeks ago, I don't think they had even reached half the target figure.

**Terry** · 22/02/2007, 6:58 PM

the club were hoping that they would sell 1000 tickets this year. I would say the realistic final count will be around 700-750 (last season was just over 400). Golden season tickets at a cost of €1500 for the season have gone up well though, from 5 or 6 last season to I believe 27 now.

**pineapple stu** · 22/02/2007, 7:00 PM

Is that what they were hoping for or what they needed though?

Edit - a general note for the thread, as one or two posts seem to be going that way. Can people please leave club allegiances aside and answer any questions without resort to "Do you have any proof about my club?" The thread is intended as a genuine one and we should be able to continue it without it descending into a slanging match.

**Terry** · 22/02/2007, 7:05 PM

hoping for 1000. Remember the board have agreed to cover any debt the club has accumulated at the end of the year.

**Redie** · 23/02/2007, 2:59 PM

Below is an extract from a report on this year's Sligo Rovers AGM held on the 30th of January 2007 from the club's official website and should give some reassurance to those getting uptight about the financial health of the club.

At the club's annual general meeting last Tuesday night at the Radisson Hotel Sligo Rovers management committee were happy to report a profit in the region of �48, 000 for the year ended November 2006.

At the beginning of the meeting attended by the members of the club, Chairman, Michael Toolan, opened by thanking the club�s sponsors for their contribution to the club and praised the hard work of the committee in recording a great year for Sligo Rovers on and off the pitch.

He also paid tribute to departing committee member, Fergal Keaveney, for what he has done for the club whilst was on the committee.

With the club returning to the Premiership in 2006 it was no surprise to hear turnover increased to close to �900,000. Departing treasurer Fergal Keaveney gave a brief presentation on financial performance a emphasizing the importance of the cup run in ensuring that Rovers had a good financial year.

The profit of over �48,000 was delivered at the same time as the club reduced overall debt to less than �110,000.

**gufct** · 23/02/2007, 3:04 PM

We have over the 500 mark sold plus 27 gold which is more than UCD would get at a game. We hope to reach the 1000 mark by the 3rd home game which would mean over �200,000 revenue befor our gate recipts.How many season tickets do UCD expect to sell?

**bigmac** · 23/02/2007, 3:10 PM

Originally Posted by gufct

We have over the 500 mark sold plus 27 gold which is more than UCD would get at a game. We hope to reach the 1000 mark by the 3rd home game which would mean over �200,000 revenue befor our gate recipts.How many season tickets do UCD expect to sell?

Jeez, did you bother reading Stu's post at all?

Could you explain to me how the attendances at other clubs are relevant to whether Galway will be able to generate sufficient income this season?

Originally Posted by pineapple stu

Edit - a general note for the thread, as one or two posts seem to be going that way. Can people please leave club allegiances aside and answer any questions without resort to "Do you have any proof about my club?" The thread is intended as a genuine one and we should be able to continue it without it descending into a slanging match.

**CollegeTillIDie** · 24/02/2007, 7:17 AM

Well said boy! I hope the Blues have a good year off the field this season too!

**Mental Man** · 24/02/2007, 8:36 AM

Oh i think we will, going from what i heard at the meeting the other night with Gareth Cronin i think were gonna do fine, he is at the moment going to sign 3 premier quality players he is having talks to at the moment, our finances have been totally stabilized and we had over 40 business competing for the shirt sponsor each putting in 4k into the draw, largest amount ever.

The new shirt sponsor this season is Perennial Freight logistics !!

**Dodge** · 24/02/2007, 12:31 PM

Originally Posted by Rogue Trader

Rovers made a profit of 49,000 last ear so off the field we are in decent shape on the field is a mess down to stupid descision making imo. Also Galway united are well run so cant see anything happen to them in the near future heard Longford town are big time in debt.

Galway have sold a fair few season tickets. If they start to perform poorly their crowds will dwindle (as they always have in the past) and they'll be left with no income coming through the gate. NO club can crow about being ina decent state. Every single club is only 1/2 decisions away from bankruptcy.