Cork City Financial Discussion

**Buile Shuibhne** · 17/02/2009, 8:29 PM

Fair enough

What are those minor concerns?

**tiktok** · 17/02/2009, 8:38 PM

I'm sure Tom Coughlan is telling supporters at the CCOSC Fans Forum as I write.
You'll find out tomorrow no doubt.

**Buile Shuibhne** · 18/02/2009, 6:50 AM

Acording to the Irish Times this morning:

Though Cork City secured a Premier Division licence, they still have arrangements regarding outstanding payments to players and former manager Alan Mathews to fulfil before the start of the season. ................

“Cork have until February 27th in terms of their financial accounts.

**gufct** · 18/02/2009, 8:41 AM

Thats in the star and sun as well.Its not rumours as Delaney is quoted talking about Cork,Athlone,Kildare and Dundalk.

**micls** · 18/02/2009, 8:44 AM

Originally Posted by gufct

Thats in the star and sun as well.Its not rumours as Delaney is quoted talking about Cork,Athlone,Kildare and Dundalk.

What is Delaney quoted as saying about us?

**pete** · 18/02/2009, 9:17 AM

Though Cork City secured a Premier Division licence, they still have arrangements regarding outstanding payments to players and former manager Alan Mathews to fulfil before the start of the season. ................

There is not way that should be part of licencing. That is a legal dispute & not simple a case of failing to pay wages. If say City wanted to solve via legal route there is little chance could complete in time.

**Dodge** · 18/02/2009, 9:24 AM

Well the idea behind it is that clubs won't have any "footballing debts" so things like outstanding transfer fees are included as well as wages

**micls** · 18/02/2009, 9:32 AM

Originally Posted by Dodge

Well the idea behind it is that clubs won't have any "footballing debts" so things like outstanding transfer fees are included as well as wages

Fair enough, but the point being as of now we dont owe Mathews anything because of sacking him. He can go to court to say we unfairly broke his contract, we'l disagree and itl be a judge that decides what is owed to who.

**Dodge** · 18/02/2009, 9:33 AM

Sorry, thought pete was refering to the 2 players owed money too

**gufct** · 18/02/2009, 10:00 AM

Originally Posted by micls

What is Delaney quoted as saying about us?

Player Debts and Audited Accounts.Athlone & Cobh Player Debts,Dundalk Pitch & then unamed Clubs about there unrealistic Budgets 4 singled out as per his interview on TV 3 were along the lines of the Herald Article easily identifiable as Bohs,Cork,Sligo & Drogheda.

**Smurf1** · 18/02/2009, 10:21 AM

Originally Posted by gufct

Player Debts and Audited Accounts.Athlone & Cobh Player Debts,Dundalk Pitch & then unamed Clubs about there unrealistic Budgets 4 singled out as per his interview on TV 3 were along the lines of the Herald Article easily identifiable as Bohs,Cork,Sligo & Drogheda.

In terms of last year's budgets or the proposed ones for this year?

**corkboy360** · 18/02/2009, 10:22 AM

Originally Posted by micls

Fair enough, but the point being as of now we don't owe Mathews anything because of sacking him. He can go to court to say we unfairly broke his contract, we'll disagree and itl be a judge that decides what is owed to who.

Hope this goes Matthews way as he had a contract and it should have been honored all this malarkey about contracts under arkaga aren't viable is a load of bull.Still cant see why Tom Coughlan sacked Matthews for Doolin

**Dodge** · 18/02/2009, 10:24 AM

Originally Posted by Smurf1

In terms of last year's budgets or the proposed ones for this year?

This year's proposed budgets

**gufct** · 18/02/2009, 10:25 AM

proposed ones for this year he said he was very sceptical and with the accusation in the Herald yesterday of under the table cash payments to circumvent the licencin process it looks like some clubs havent learned any lessons from last seasons debacle.You cant base your budget on hoped for success because our last 3 premier winners have all faced meltdown despite their success.

**micls** · 18/02/2009, 10:48 AM

Originally Posted by corkboy360

Hope this goes Matthews way as he had a contract and it should have been honored all this malarkey about contracts under arkaga aren't viable is a load of bull.Still cant see why Tom Coughlan sacked Matthews for Doolin

Yeah thats just what the club needs alright to be paying out 300k...

Originally Posted by Dodge

This year's proposed budgets

Then why would they have approved them

**Dodge** · 18/02/2009, 10:50 AM

Originally Posted by micls

Then why would they have approved them

Pressure on them to keep some sort of league together I'd assume

**corkboy360** · 18/02/2009, 10:51 AM

Originally Posted by micls

Yeah thats just what the club needs alright to be paying out 300k...

Its not but Tom Coughlan being a businessman should of had th cop on not too sack someone with a 3 year contract with 2 remaining.

**micls** · 18/02/2009, 10:52 AM

Originally Posted by corkboy360

Its not but Tom Coughlan being a businessman should of had th cop on not too sack someone with a 3 year contract with 2 remaining.

Irrelevant. Id expect any city fan to hope the court sides with us and we dont have to pay out that money.

**gufct** · 18/02/2009, 10:53 AM

Originally Posted by Dodge

Pressure on them to keep some sort of league together I'd assume

I wouldnt have a problem with keeping the league together but if their budgets are unrealistic make them cut them or relegate them .Then licencing would be seen to work and not the absolute joke its held up to be.