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.
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.
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.
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.
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.
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
Upwards to the vanguard where the pressure is too high.
We'll await the 'Rocky77' second stand in Flancare so!
Upwards to the vanguard where the pressure is too high.
I was thinking more in the line of a statue of myself on the car park!
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,
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.
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.
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
Bookmarks