Longford Town financial problems?

Zebra3

According to the radio this morning, Paisley has walked on a free over wages problems.

Not a good start to the saeason after everything that has happened with the Reds during the close season.

Any other clubs out there going the same way?

Ronan|Raven

It is in relation to wages that werent paid I think were bonuses etc last season. The wages were paid at a later date but with the recent exodus of players from shels via the no wage pay issue he was always going to win this. Annoyed at the moment that longford loose another player. Going to be very hard now, him staying was pivitol. I am annoyed at the people who run the club that these situations have been allowed to happen.

The highest earners were all let go in the summer in order to get the club back on a better financial footing apparently. Will mean scrapping against relegation now but if it means thinks can be stabilised then so be it.

patmac

I heard Alan Matthews on local radio this morning and he sounded very downbeat, sold best players, Dessis Baker injured, got new players from 'outside the usual places' (his words) meaning lower leagues. Pat's at 11/8 seems extremely good value.

_blank_

Ronan|Raven wrote:

It is in relation to wages that werent paid I think were bonuses etc last season. The wages were paid at a later date but with the recent exodus of players from shels via the no wage pay issue he was always going to win this.

Jesus, are there any other players affected?

How many other clubs are having these problems I wonder?

Ronan|Raven

Dunno at the moment seansouth, heard other news though which I wont put up here that has me feeling even worse than the Paisley news in relation to things in the club.

_blank_

That doesn't sound too good.

I feel for you though, it's not nice to go through.

See you in the First next season?

Ronan|Raven

Longford Towns Own Goal
Just three years after winning the FAI cup, Brian Fallon Hardware Ltd has just had Judgements of €19,000 registered against club chairman James Hanley, Secretary Francis Murtagh and Longford town Football Club(LTFC)
The Judgements arose from goods supplied to the club 2 years ago for which the club has failed to pay......

seeing as it is in the phoenix mag.

So annoyed now, no programmes, players unpaid, leaving, Some serious answers need to be given to the fans like myself who buy season tickets and give as much cash to the club as they can, was pondering joining the trust but id like to know what my 300euro a year will be spent on paying back or where it will be going.

I hear cobh is nice this time of year (next year )

_blank_

Ronan|Raven wrote:

So annoyed now, no programmes, players unpaid, leaving, Some serious answers need to be given to the fans like myself who buy season tickets and give as much cash to the club as they can

Right.

You sound like me a while ago.

John_C

This story can't be true. Longford got a license from the FAI to compete in the premier division. So they must have all their bills up to date?

_blank_

John_C wrote:

This story can't be true. Longford got a license from the FAI to compete in the premier division. So they must have all their bills up to date?

AHHHH HAHAHAHAHAH AHAHAHAHAHAHAHAHAA AAAAHHHHH AHAHAHAHAHAHA

redspider

John_C wrote:

This story can't be true. Longford got a license from the FAI to compete in the premier division. So they must have all their bills up to date?

This could be true. When the licenses were handed out which, I think was back in November, Longford probably had a 'squeaky clean' set of accounts which were audited etc and acceptable to the FAI However, having audited accounts doesnt mean the company/club doesnt owe money or indeed wont have financial problems.

I hear far too much emphasis these days on audited accounts. Auditors do not have a responsibility in terms of all aspects of the financial ability of a club/business. In fact, they sign waivers and are only responsible for what information is made available to them and what they ask for. They are not expected to uncover 'hidden' debts, off the books loans, 'dodgy' deals, etc. In fact, it is well known that many of them turn a blind eye to many of the things that go on, they just ensure that 1+1 = 2.

The league clubs are riddled with problems over years of bad habits, poor financial management, etc. Paying taxes is for many clubs, a new thing. The Shelbourne over-spending problem has also affected all clubs to some extent. But overall, what the FAI will have to do is bite the bullet with many of these clubs and get them back into line.

People may complain a lot about the FAI, me included, and we have all seen things done in the past, and indeed things that relate to performance on the international arena, but I think it has to be said that their involvement now in the league can only be a good thing in the long run, not perfect by any means, but steps are being taken in the right direction.

What will happen at Longford over the long-term is anyone's guess at the moment. The next licensing stage is the end of March I understood, and Shelbourne are not out of the woods yet, even though they will be playing this evening, nor Longford by the sounds of things.

Redspider

KdjaCL

Publicly screwed:

- Shels
- Longford
- Sligo

Trying to cover it up:

- Drogheda
- Cork
- Pats
- Waterford


In good shape:

- UCD
- Bray
- Bohs
- Derry
- Limerick 37
- Shamrock
- Galway

Stolen from pats fan board, all hail the EL


kdjac

John_C

KdjaCL wrote:

In good shape:

- UCD
- Bray
- Bohs
- Derry
- Limerick 37
- Shamrock
- Galway

I think you need to split this into 2 groups:

No known problems:
Bray
Derry
Galway

Known to be in good shape:
UCDD
Bohs
Limerick
Shams

KdjaCL

John_C wrote:

I think you need to split this into 2 groups:

No known problems:
Bray
Derry
Galway

Known to be in good shape:
UCDD
Bohs
Limerick
Shams

Dunno if anyone is known to be in good shape some clubs are *depending* on certain things.


UCD safe as houses really.
Rovers gound could go pear shaped or worse delayed for a longer amoutn of time.
Bohs ground deal going.
Limerick well look at last seasons version.
Bray they can just pay less.
Wexford if wallcae gets bored.
galway fickle fans and leeson leaves.



Shels obvious
Longford ditto
Sligo ditto



Drogheda ground deal and magic money tree going.
Cork in trouble but selling players for mad amounts seems to be working
Pats big losses but not creating a debt, funded by someone nefarious McD could be a short term saviour, tallaght a longterm.
Waterford its a week to week thing with them.

kdjac



kdjac

KdjaCL

http://www.ladbrokes.com/lbr_sports?action=go_event&category=SOCCER&class_id=110000006&type_id=210001767&ev_id=211206188&ev_mkt_id=212161334

LOL


Perfect summation of the Eircom League that a bookie is running odds on who will be deducted points.


kdjac

KdjaCL

Paisley signed for us today seems we did some underhanded things to get him, Pats told him he could walk on a free if he went to a tribunal after we offered 15k for him, they said no and asked for 22k plus Maguire

Pats held out till he was on a free, 3rd player in his family to play for us.

About 800 at the game last night.


kdjac