Rumour Mill

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Re: Rumour Mill

Postby Dave Cahill » December 20th, 2019, 2:56 pm

fourthirtythree wrote:
Dave Cahill wrote:
fourthirtythree wrote:They can get rid of the embarrassingly inaccurate name of the national team for a start "Republic of Ireland". The name of the country is Ireland.



No choice in the matter there - FIFA edict to stop the FAI and the IFA acting the dick


It was in a different time when Ireland maintained a territorial claim over Northern Ireland in the constitution. While FIFA are an incredibly corrupt organisation they are capable of moving with the times and changing the names of countries and their teams when those countries and teams do.


Both the IFA and the FAI still claim to be the only legitimate football association on the Island and that their team is actually Ireland. Seeing as neither have ever been willing to change or compromise on this position, neither are allowed call their team Ireland whilst both are entered into UEFA competitions.

If the FAI does go into liquidation though, there will be nothing stopping the IFA selection calling itself Ireland.
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Re: Rumour Mill

Postby Oldschool » December 20th, 2019, 3:24 pm

This is where the lefties show themselves up.
How many homeless people would €55m help.
On your bikes Ruth and Mary Lou.
Mind you they'll probably want it both ways.
Raise taxes by €110m and divide it two ways.
F^ck the taxpayers, they're lucky to have jobs.
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Re: Rumour Mill

Postby Oldschoolsocks » December 20th, 2019, 5:51 pm

Oldschool wrote:This is where the lefties show themselves up.
How many homeless people would €55m help.
On your bikes Ruth and Mary Lou.
Mind you they'll probably want it both ways.
Raise taxes by €110m and divide it two ways.
F^ck the taxpayers, they're lucky to have jobs.

You’re just getting weird now
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Re: Rumour Mill

Postby Ruckedtobits » December 20th, 2019, 5:56 pm

Bad governance in soccer in endemic. How many L of Ire. Clubs have been fined by Revenue or been wound up? The continual abuse of international ticket sales has been a common joke among football fans since 1994. The appointment and contractual reviews of Delaney were looked at aghast by other NGBs and many wondered what the Sports Council was doing in providing any funding to the organisation. There were serious questions raised previously about how close the Chairman of the Sports Council was to the CEO of the FAI.

Until the FAI puts forward a detailed business plan for all parts of their game from Schoolboy / girl Leagues through Age-Grade development to League of Ireland and senior International Teams, no Goverment Funding should be provided.

There are many templates around which they could copy e.g. Denmark's National Plan; Croatia's National Plan or Portugal's National Plan. None of these countries have to compete with a Nationwide amateur organisation like the GAA, but all have to compete with other sporrs.

This isn't rocket science, except to those football administrators who thought that getting onto the FAI was the whole point of their involvement. Being on a NGB in any sport is an arduous role and should always be a voluntary act based on passionate involvement. Nothing else and certainly not a gravy train.
Last edited by Ruckedtobits on December 21st, 2019, 10:58 am, edited 1 time in total.
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Re: Rumour Mill

Postby paddyor » December 21st, 2019, 2:11 am

Oldschool wrote:€55m.
Why should I (as a taxpayer) contribute one cent to bailing out the FAI.
Make the business case.
Too often bad behaviour is encouraged by bailouts.
Until people are brought to book and serve jail time or have to cough up their ill gotten gains then non.
Before you all start to feel compassion etc.
Think back who was brought to book for the 2008 crash that nobody saw coming, my bollocks.
This FAI thing has been going on for a long time and nobody said stop.
Then what about the long term approach.
Regardless of an organisation's status, officers should not be allowed to hold office for a maximum number of years, 8 maybe. Trump haters at least have the comfort of knowing that he'll be gone in five years time at worst whereas Boris no limit.
This should apply to the Taoiseach's position also.
Yeah, I know, this should be in the rant thread

The headline 55m figure is for...well the likes of you. It's 28m long term debt (the stadium) considered current because of a breach of covenant(likely the going concern issue triggered the breach and an immediate claim from the bank). BOI is not about to hang the FAI.The bulk of the rest of the 55m is short and long term deferred income. This is stuff the FAI has been paid for but is yet to deliver like 10 year tickets or Broadcast income from UEFA(apaprently they pay for tournaments up front so we were paid in advance for the Euros qualification). So it's burned thru most of the cash it got upfront for sure. But it's not clear this is entirely a solvency problem as opposed to a liquidity problem. FOr all we know they're required by covenant to seek IRFU "bailout".

If for instance, a 5-10m grant or loan could see the FAI thru it's difficluty, would you object to that? I've no idea if it would btw.That might not be easy given the covenants on it's long term debt but then BOI isn't really one to dictate the terms of a govt bailout.
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Re: Rumour Mill

Postby Oldschool » December 21st, 2019, 4:49 pm

paddyor wrote:
Oldschool wrote:€55m.
Why should I (as a taxpayer) contribute one cent to bailing out the FAI.
Make the business case.
Too often bad behaviour is encouraged by bailouts.
Until people are brought to book and serve jail time or have to cough up their ill gotten gains then non.
Before you all start to feel compassion etc.
Think back who was brought to book for the 2008 crash that nobody saw coming, my bollocks.
This FAI thing has been going on for a long time and nobody said stop.
Then what about the long term approach.
Regardless of an organisation's status, officers should not be allowed to hold office for a maximum number of years, 8 maybe. Trump haters at least have the comfort of knowing that he'll be gone in five years time at worst whereas Boris no limit.
This should apply to the Taoiseach's position also.
Yeah, I know, this should be in the rant thread

The headline 55m figure is for...well the likes of you. It's 28m long term debt (the stadium) considered current because of a breach of covenant(likely the going concern issue triggered the breach and an immediate claim from the bank). BOI is not about to hang the FAI.The bulk of the rest of the 55m is short and long term deferred income. This is stuff the FAI has been paid for but is yet to deliver like 10 year tickets or Broadcast income from UEFA(apaprently they pay for tournaments up front so we were paid in advance for the Euros qualification). So it's burned thru most of the cash it got upfront for sure. But it's not clear this is entirely a solvency problem as opposed to a liquidity problem. FOr all we know they're required by covenant to seek IRFU "bailout".

If for instance, a 5-10m grant or loan could see the FAI thru it's difficluty, would you object to that? I've no idea if it would btw.That might not be easy given the covenants on it's long term debt but then BOI isn't really one to dictate the terms of a govt bailout.

Interesting analysis.
What would the reported/rumoured €18m "injection" that the FAI be based on or used for if they were able to raise..
Might this be their estimate of your€5/10m estimate.
If it is what can you reduce from it?
Is there another few €m that we don't know about
Separately would it be possible to set up a holding organisation with two separate organisations.
One to handle the amatuer side.
The other to handle the league and international side of things.
Should it even be considered.
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Re: Rumour Mill

Postby elephantman » February 6th, 2020, 3:05 am

Just waiting for this thread to be updated sometime soon with news of the annual Leinster pillage.

Frawley, Deegan, Connors and Penny are the most likely to be targeted by other provinces.
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