Beecher Networks - Web Development, Hosting & Domains
Page 3 of 8 FirstFirst 12345 ... LastLast
Results 41 to 60 of 148

Thread: eL Club on the brink of going bust

  1. #41
    Reserves blue til i die's Avatar
    Joined
    May 2005
    Location
    Dublin
    Posts
    965
    Thanks Thanks Given 
    21
    Thanks Thanks Received 
    51
    Thanked in
    40 Posts
    to run the club is about 7000-8000 per week. IF we only take in €10,000 at a home match, we're then struggling from the start. That 10,000 then has to last for 2 weeks until the next home match.
    I’m not pedantic...I’m merely overly concerned with minute details.

  2. #42
    Apprentice
    Joined
    Aug 2006
    Posts
    45
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Quote Originally Posted by joey4ireland View Post
    It wouldn't make much sense to get rid of Cronin cos then they will have to pay off his contract whilst paying another manager aswell. Hardly what your club need is an extra expense like that.

    If any collection system is organised I'll happily donate what i can
    Just wondering if it could be sorted officially here, would anyone be interested in a copy of "blue white and dynamite" posted free 10e something back in return, for any concerned EL supporters wishing to help Waterford united.

  3. #43
    Capped Player A face's Avatar
    Joined
    Jun 2001
    Location
    Paradise
    Posts
    15,373
    Thanks Thanks Given 
    20
    Thanks Thanks Received 
    302
    Thanked in
    196 Posts
    Quote Originally Posted by gotaroundbetter View Post
    Just wondering if it could be sorted officially here, would anyone be interested in a copy of "blue white and dynamite" posted free 10e something back in return, for any concerned EL supporters wishing to help Waterford united.
    What is Blue White and Dynamite?
    The SFAI are the governing body for grassroots football in Ireland, not the FAI. Its success or the lack of is all down to them.

  4. #44
    Apprentice
    Joined
    Aug 2006
    Posts
    45
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Quote Originally Posted by A face View Post
    What is Blue White and Dynamite?
    A collection of stories from waterford suporters, the details of which were posted up by someone else a while back.
    leading to a little warning from mod's.
    Hopefully it can go in the market place section. thats what I mean by something back in return for the members here who kindly expressed an interest in helping . Further details once an ok is given.

  5. #45
    International Prospect Martinho II's Avatar
    Joined
    Nov 2003
    Location
    Killashee Longford
    Posts
    9,421
    Thanks Thanks Given 
    5,648
    Thanks Thanks Received 
    633
    Thanked in
    539 Posts
    Quote Originally Posted by Blue-Army View Post
    Yeah I heard tonight that he still hasn't paid up. Don't quote this though.
    a bit like mcanthony with us as well.. all pr stunts im afraid...
    Gary Cronin is he the right man to manage Longford Town?

  6. #46
    Youth Team
    Joined
    Oct 2003
    Location
    celbridge
    Posts
    175
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Operating a wage cap may well have prevented such a dire situation. Terrible news for the whole league.
    After beating the Mons 5-0, a club operating within its means, does it not put the result into perspective. Its similar in a lot of ways to a side like Bray playing against Shelbourne 2+ years ago.

  7. #47
    Capped Player A face's Avatar
    Joined
    Jun 2001
    Location
    Paradise
    Posts
    15,373
    Thanks Thanks Given 
    20
    Thanks Thanks Received 
    302
    Thanked in
    196 Posts
    Quote Originally Posted by sniffa View Post
    After beating the Mons 5-0, a club operating within its means, does it not put the result into perspective. Its similar in a lot of ways to a side like Bray playing against Shelbourne 2+ years ago.
    Not a chance, there is no way you can compare both of them.
    The SFAI are the governing body for grassroots football in Ireland, not the FAI. Its success or the lack of is all down to them.

  8. #48
    Seasoned Pro
    Joined
    Dec 2004
    Posts
    2,661
    Thanks Thanks Given 
    12
    Thanks Thanks Received 
    97
    Thanked in
    38 Posts
    Quote Originally Posted by sniffa View Post
    Operating a wage cap may well have prevented such a dire situation. Terrible news for the whole league.
    After beating the Mons 5-0, a club operating within its means, does it not put the result into perspective.
    Not really. Mismanagement versus pointlessness.
    A leading authority on League of Ireland football since 2003. You're probably wrong.

  9. #49
    Seasoned Pro
    Joined
    Apr 2006
    Location
    Here. Or there.
    Posts
    2,776
    Thanks Thanks Given 
    57
    Thanks Thanks Received 
    158
    Thanked in
    115 Posts
    It's not an issue of a wage cap, just that income is severely down on last year, much more so than was expected. The projections for the new season were made, and it was thought that a similar playing budget to last season could be supported (it was then one of the lowest in the league remember), and it's turned out over the opening home matches that this wasn't so.
    The club are not financially f**ked, or up to their eyes in hock, or anything like that, it's just that this season there's more going out each week than coming in, and rightly nobody at the club is willing to get the club into serious debt to counteract that, as might have happened in previous years.
    From what I can gather a moderate enough rise in the attendance figures would go a long way to ease the problems, paying crowds of the order of the Wexford game would be enough for the fundraising to cover the remaining shortfall.

    Sniffa, I honestly don't know what kind of perspective you're thinking of there. 5-0 against Mons was a bit of a freak result - we were great on the same night they were shash. They beat Shels 1-0, who then played us off the park in Tolka. What does that do to the perspective?
    Last edited by stann; 10/05/2008 at 7:45 PM.
    more bass

  10. #50
    Coach
    Joined
    May 2002
    Posts
    9,040
    Thanks Thanks Given 
    800
    Thanks Thanks Received 
    1,608
    Thanked in
    1,081 Posts
    Quote Originally Posted by Martinho II View Post
    a bit like mcanthony with us as well.. all pr stunts im afraid...
    Anthony McMullen!. McAnthony is the lad involved in Peterborough I think. But your point stands. Dunphy was probably bananas when he agreed that. 10k is a lot of money to pay to a club you don't really care about.
    Upwards to the vanguard where the pressure is too high.

  11. #51
    Reserves Rocky77's Avatar
    Joined
    Oct 2007
    Location
    In and around, I prefer around
    Posts
    641
    Thanks Thanks Given 
    2
    Thanks Thanks Received 
    30
    Thanked in
    22 Posts
    Quote Originally Posted by Longfordian View Post
    Anthony McMullen!. McAnthony is the lad involved in Peterborough I think. But your point stands. Dunphy was probably bananas when he agreed that. 10k is a lot of money to pay to a club you don't really care about.
    Not for me -- I'm loaded

  12. #52
    Coach
    Joined
    May 2002
    Posts
    9,040
    Thanks Thanks Given 
    800
    Thanks Thanks Received 
    1,608
    Thanked in
    1,081 Posts
    We'll await the 'Rocky77' second stand in Flancare so!
    Upwards to the vanguard where the pressure is too high.

  13. #53
    First Team passerrby's Avatar
    Joined
    May 2006
    Posts
    1,725
    Thanks Thanks Given 
    28
    Thanks Thanks Received 
    214
    Thanked in
    123 Posts
    Quote Originally Posted by Sheridan View Post
    . Mismanagement and pointlessness.
    If ever their was two words that best summed up dublin city then you have found them
    I wish i did not know then what I dont know now

  14. #54
    Reserves Rocky77's Avatar
    Joined
    Oct 2007
    Location
    In and around, I prefer around
    Posts
    641
    Thanks Thanks Given 
    2
    Thanks Thanks Received 
    30
    Thanked in
    22 Posts
    I was thinking more in the line of a statue of myself on the car park!

  15. #55
    Capped Player
    Joined
    Jun 2001
    Location
    Dublin 7
    Posts
    20,251
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    3
    Thanked in
    3 Posts

    Question Crying Wolf?

    Not to belittle your plight but sounds like Waterfords budget was done on the back of a beer mat. The FAI said recently no club had exceeded the 65% wage cap/percentage so what accounts are Waterford submitting?

    Unless there is a large debt no reason to go out of existence. If you can't pay weekly bill then cut costs. If this means going amateur then at least your club continues,
    http://www.forastrust.ie/

    Bring back Rocketman!

  16. #56
    Biased against YOUR club pineapple stu's Avatar
    Joined
    Aug 2002
    Location
    In the long grass
    Posts
    38,374
    Thanks Thanks Given 
    2,723
    Thanks Thanks Received 
    4,957
    Thanked in
    3,253 Posts
    Quote Originally Posted by pete View Post
    The FAI said recently no club had exceeded the 65% wage cap/percentage so what accounts are Waterford submitting?
    You didn't seriously believe them, did you?
    Last edited by A face; 11/05/2008 at 10:53 AM. Reason: Fixed Quote

  17. #57
    First Team Greenforever's Avatar
    Joined
    Jan 2008
    Location
    Dublin
    Posts
    1,084
    Thanks Thanks Given 
    0
    Thanks Thanks Received 
    0
    Thanked in
    0 Posts
    Quote Originally Posted by pineapple stu View Post
    You didn't seriously believe them, did you?
    Depends on how you interperet the cap

    65% should really include all players, coaches, phisios etc, etc.

    i reckon certain clubs are only including 1st team players and at that not including the whole squad of players
    Fair Play died Nov 18th 2009, Stade Francais.

  18. #58
    Capped Player A face's Avatar
    Joined
    Jun 2001
    Location
    Paradise
    Posts
    15,373
    Thanks Thanks Given 
    20
    Thanks Thanks Received 
    302
    Thanked in
    196 Posts
    Quote Originally Posted by Greenforever View Post
    Depends on how you interperet the cap

    65% should really include all players, coaches, phisios etc, etc.

    i reckon certain clubs are only including 1st team players and at that not including the whole squad of players
    Surely it would include all players registered to play?
    The SFAI are the governing body for grassroots football in Ireland, not the FAI. Its success or the lack of is all down to them.

  19. #59
    Coach
    Joined
    May 2002
    Posts
    9,040
    Thanks Thanks Given 
    800
    Thanks Thanks Received 
    1,608
    Thanked in
    1,081 Posts
    All player contracts are registered with the league so they'd have to include the whole squad. The 65% is applicable to all of your registered players' wages but doesn't include squad expenses.
    Upwards to the vanguard where the pressure is too high.

  20. #60
    First Team
    Joined
    Jun 2004
    Location
    Belgium
    Posts
    1,535
    Thanks Thanks Given 
    1
    Thanks Thanks Received 
    5
    Thanked in
    4 Posts
    The more I hear about this so called 'crisis' the more annoyed I get. Waterford seem to be crying wolf in the hope that someone puts their hand into their pocket and pays for their €7,000 a week team!

    It makes the league sound like a joke when you read yet again that a club could go out of business!! There's no need for Waterford to come out with this nonsense. All clubs struggle to meet the weekly costs of running a club. When the money goes the costs are slashed and you get on with running the club. You don't come out with bad news stories that make the league look like a joke.

    The facts here seem to be that Waterfords running costs are 10k a week with wages making up about 7k of this, is that correct ?
    They don't have any existing debt.
    Transfer window is only a month or two away.

    Worst case would be you run up debts of 30 or 40k before you cut most of that 7k wage bill. With home gates and assuming you have some cash there already it may not be that much of a debt.

    Why the song and dance ?
    John Delaney!! GET OUT!!!
    www.ssdg.ie

Page 3 of 8 FirstFirst 12345 ... LastLast

Similar Threads

  1. Back from the brink
    By theleprechaun in forum Off Topic
    Replies: 7
    Last Post: 02/01/2007, 7:30 PM
  2. O'Leary on the brink
    By Rory H in forum World League Football
    Replies: 23
    Last Post: 18/04/2006, 11:46 AM
  3. Shels on Brink of Big move...
    By tiktok in forum Shelbourne
    Replies: 3
    Last Post: 22/01/2004, 11:06 AM
  4. On the Brink
    By soccerhead in forum Dundalk
    Replies: 0
    Last Post: 18/06/2001, 10:09 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •