Waterford GAA Discussion Thread 2013- Mod Warning Post #1

Mountainlad

cleaboy boy wrote: »

Anybody know if the new Waterford jersey is on sale today in sports stores around the city and county?

https://twitter.com/GerWyleysports/status/411830807444340736

As of today, Ger Wyleys have it in stock!

Hslaw

Cake Man wrote: »

DLS v Lismore Sunday at 1.30 Walsh park.
DLS will have Jake Dillon, Shane McNulty, Eoin Madigan, Lismore will have the Bennett's, Ray and Seanie Barry, Paudie Prendergast to name a few that should all be u21 for waterford next year.

two great teams there. with lots of potential should be a cracker

thinkstoomuch1

Cake Man wrote: »

DLS v Lismore Sunday at 1.30 Walsh park.
DLS will have Jake Dillon, Shane McNulty, Eoin Madigan, Lismore will have the Bennett's, Ray and Seanie Barry, Paudie Prendergast to name a few that should all be u21 for waterford next year.

Is that still going ahead with the weather tommorrow?.Im half tempted to go to it,as a tournament in football in cork got postponed.

IanVW

thinkstoomuch1 wrote: »

Is that still going ahead with the weather tommorrow?.Im half tempted to go to it,as a tournament in football in cork got postponed.

Still going ahead so far

Deise_2012

De La Salle 3-13 St Carthages 1-4, anyone at the game, were DLS that good or Lismore that poor?

Cake Man

Lismore were awful, DLS did well and their defence were always on top, Lismore couldn't get anything into Bennett.

thesaturdayman

lismore and a few of their u21s seem to be a bit too hyped up, got absolutely schooled today by dls. there seems to be a lot of hype going with a lot of them & to be honest they havent even come close to delivering on it yet....

Deise_2012

thesaturdayman wrote: »

lismore and a few of their u21s seem to be a bit too hyped up, got absolutely schooled today by dls. there seems to be a lot of hype going with a lot of them & to be honest they havent even come close to delivering on it yet....

bit harsh, it can happen teams just don't show up on the day. There's no doubt Ray & Seanie Barry are top class, can't fault the Bennetts they've been brilliant all year

Hslaw

Deise_2012 wrote: »

De La Salle 3-13 St Carthages 1-4, anyone at the game, were DLS that good or Lismore that poor?

Jaysus that was unexpected. Didn't expect any of the teams to get trashed. Taught it was going to be a tight game.

robopaddy

robopaddy wrote: »

Youd have to fancy lismore given the form stephen bennett is in.

Jaysus I Wont make a bookie anyway haha

A minor and u21 double for dls this year..

Future is bright for them

seananigans

http://thescore.thejournal.ie/waterford-2013-highlights-1202367-Dec2013/

11 of Waterford’s best sporting moments in 2013

IanVW

seananigans wrote: »

http://thescore.thejournal.ie/waterford-2013-highlights-1202367-Dec2013/

11 of Waterford’s best sporting moments in 2013

The blah, a great sporting moment lol

HellsKitchen

Is the Dls goalie u21 again next year? Very solid n safe again sunday. Pity about the conditions as dls were clearly better suited to them. Young bennett just didnt get enough supply of ball

fricatus

IanVW wrote: »

The blah, a great sporting moment lol

Clearly you've never been to the afters of a training session for basically any sport in Waterford?

IanVW

fricatus wrote: »

Clearly you've never been to the afters of a training session for basically any sport in Waterford?

Ive been to plenty! Hardly what you'd call a sporting moment:)

blue note

seananigans wrote: »

http://thescore.thejournal.ie/waterford-2013-highlights-1202367-Dec2013/

11 of Waterford’s best sporting moments in 2013

A fair list. I'd certainly give Kelly Proper 1 anyway.

mariano rivera

From Examiner.ie

"Addressing delegates, Cunningham said: “Our finances have turned around this year whereas in 2012 we were in a deficit of €212,000. This year, due to a lot of hard work, our deficit is down to €2,700. As I said in my address last year, we needed to put in place a budget for each team, which we did, and put more fundraising activities put in place.”


Auditor Maurice Fitzgerald opened the meeting with a detailed breakdown of the accounts. He said total indebtedness of the board stood at €532,801. This marked a dip of €67,267 on the 2012 figure of €600,068. In this year’s returns, the county increased their income by €161,000, including gains of €73,701 from fundraising. They reduced expenditure by €49,000. Spending on inter-county teams dropped from €534,715 in 2012 to €498,356 in 2013. "



Can somebody explain the above. The Chairman says that the deficit is down to $2,700 but that total indebtedness of the board stood at €532,801


??

confused


So, are they in debt or are they in debt?

shoddy14

mariano rivera wrote: »

From Examiner.ie

"Addressing delegates, Cunningham said: “Our finances have turned around this year whereas in 2012 we were in a deficit of €212,000. This year, due to a lot of hard work, our deficit is down to €2,700. As I said in my address last year, we needed to put in place a budget for each team, which we did, and put more fundraising activities put in place.”


Auditor Maurice Fitzgerald opened the meeting with a detailed breakdown of the accounts. He said total indebtedness of the board stood at €532,801. This marked a dip of €67,267 on the 2012 figure of €600,068. In this year’s returns, the county increased their income by €161,000, including gains of €73,701 from fundraising. They reduced expenditure by €49,000. Spending on inter-county teams dropped from €534,715 in 2012 to €498,356 in 2013. "



Can somebody explain the above. The Chairman says that the deficit is down to $2,700 but that total indebtedness of the board stood at €532,801


??

confused


So, are they in debt or are they in debt?

Pretty straight forward. For the financial year 2013 they took in 2,700 less than they spent. However, they owe 532,801 in total due to all the losses theyve made over the past number of years

blue note

mariano rivera wrote: »

From Examiner.ie

"Addressing delegates, Cunningham said: “Our finances have turned around this year whereas in 2012 we were in a deficit of €212,000. This year, due to a lot of hard work, our deficit is down to €2,700. As I said in my address last year, we needed to put in place a budget for each team, which we did, and put more fundraising activities put in place.”


Auditor Maurice Fitzgerald opened the meeting with a detailed breakdown of the accounts. He said total indebtedness of the board stood at €532,801. This marked a dip of €67,267 on the 2012 figure of €600,068. In this year’s returns, the county increased their income by €161,000, including gains of €73,701 from fundraising. They reduced expenditure by €49,000. Spending on inter-county teams dropped from €534,715 in 2012 to €498,356 in 2013. "



Can somebody explain the above. The Chairman says that the deficit is down to $2,700 but that total indebtedness of the board stood at €532,801


??

confused


So, are they in debt or are they in debt?

The surplus / deficit is the amount of money that the county makes / loses in a year. In 2012 we lost €212,000 compared to 2013 where we lost €2,700 (effectively we broke even). To be fair that turnaround is a massive achievement.

The total indebtedness is how much the county owes, so in 2012 we paid off €67,267 and the outstanding debt is €532,801.

I'm sure there are plenty more details, but that's basically what it means.

Black Suir

robopaddy wrote: »

Jeez dat would be a serious team. I cant ever remember a stronger group at this level. We havent won a munster since 92 and every other munster county has won in the past 6 years... its time for us to win one

did Waterford not win munster in 94 or am I mistaken. I know they were in a few minor finals around that time.

deiseach

blue note wrote: »

The surplus / deficit is the amount of money that the county makes / loses in a year. In 2012 we lost €212,000 compared to 2013 where we lost €2,700 (effectively we broke even). To be fair that turnaround is a massive achievement.

The total indebtedness is how much the county owes, so in 2012 we paid off €67,267 and the outstanding debt is €532,801.

I'm sure there are plenty more details, but that's basically what it means.

Does that mean the County Board made a before-debt profit surplus of €64,567 but after servicing the debt (€67,267) it became a deficit of €2,700?

deiseach

Black Suir wrote: »

did Waterford not win munster in 94 or am I mistaken. I know they were in a few minor finals around that time.

Yep, beat Clare in the final. Got absolutely hockeyed by Kilkenny in the All-Ireland semi-final.

Black Suir

I don't know where Darragh is coming from when he says Waterford under achieved under Michael Ryan. If anything they over achieved. The two years he was in charge, Waterford were written off in the league. The first year they did have a lucky escape but the change of selectors half way through the league saved them. This year Waterford went into the last game in the league on top of the table, and missed out on a semi final place because of the defeat to Galway. In the Championship in 2012 Waterford reached the Munster Final, where they put up a much better performance against Tipp than they did 12 months earlier when they got hammered, maybe Waterford most embarrassing defeat ever, with Davy Fitz over the team who some believed to be some sort of God, and who believe he is an even greater person now after managing Clare this year to the All-Ireland. This year in the Championship, Waterford took on Kilkenny and put up our best performance against them in the championship since 1959. Some would say that had John Mullane be involved with the side this year Waterford would have beaten Kilkenny. Maybe they could, but Stephen Molumphy was an even greater loss. To say that the team are under no greater pressure to win in 2014 is a BS. After the players ousted Michael Ryan the way they did, just as the 08 panel did with Justin (who I believe should have stepped down of his own accord at the end of 07), many Waterford supporters will be looking to the Waterford players to justify the move they made, just as they did in 08, where for Waterford reaching the All-Ireland was a must for most fans after the ousting of Justin.


http://www.irishexaminer.com/sport/gaa/fives-expects-deise-to-sparkle-in-2014-253014.html

carter10

Black Suir wrote: »

did Waterford not win munster in 94 or am I mistaken. I know they were in a few minor finals around that time.

Correct, beat Clare by a goal. 1-12 to 0-12

deiseach

In fairness to Darragh Fives, he's never going to say otherwise. Why would any sportsperson say anything other than nice things about the incumbent? Unless you were out to cause trouble...

blue note

deiseach wrote: »

Does that mean the County Board made a before-debt profit surplus of €64,567 but after servicing the debt (€67,267) it became a deficit of €2,700?

No, but you're not far wrong thinking about it like that.

It means that the county made a loss of €2,700 which would include the cost of the loan i.e. the interest added to the loan over the year. If we had a loan of €600,000 and the interest rate was 6%, the cost of the loan was €36,000, so we would have made a profit of €33,000 if we didn't have to service the debt.

Paying off a loan doesn't impact on a deficit / surplus.

The €600k debt probably includes more types of creditors than just a loan, so the cost of servicing the debt could be quite a bit smaller. However, at the end of the day eliminating a massive deficit and reducing the amount the county owes by €60,000 in one year is a great achievement and deserves credit. We, myself included, knock them often enough.

deiseach

blue note wrote: »

No, but you're not far wrong thinking about it like that.

It means that the county made a loss of €2,700 which would include the cost of the loan i.e. the interest added to the loan over the year. If we had a loan of €600,000 and the interest rate was 6%, the cost of the loan was €36,000, so we would have made a profit of €33,000 if we didn't have to service the debt.

Paying off a loan doesn't impact on a deficit / surplus.

The €600k debt probably includes more types of creditors than just a loan, so the cost of servicing the debt could be quite a bit smaller. However, at the end of the day eliminating a massive deficit and reducing the amount the county owes by €60,000 in one year is a great achievement and deserves credit. We, myself included, knock them often enough.

Thanks for the explanation. Bottom line - it's good news. And sales of the Minor DVD won't do any harm to that bottom line!

carter10

Black Suir wrote: »

I don't know where Darragh is coming from when he says Waterford under achieved under Michael Ryan. If anything they over achieved. The two years he was in charge, Waterford were written off in the league. The first year they did have a lucky escape but the change of selectors half way through the league saved them. This year Waterford went into the last game in the league on top of the table, and missed out on a semi final place because of the defeat to Galway. In the Championship in 2012 Waterford reached the Munster Final, where they put up a much better performance against Tipp than they did 12 months earlier when they got hammered, maybe Waterford most embarrassing defeat ever, with Davy Fitz over the team who some believed to be some sort of God, and who believe he is an even greater person now after managing Clare this year to the All-Ireland. This year in the Championship, Waterford took on Kilkenny and put up our best performance against them in the championship since 1959. Some would say that had John Mullane be involved with the side this year Waterford would have beaten Kilkenny. Maybe they could, but Stephen Molumphy was an even greater loss. To say that the team are under no greater pressure to win in 2014 is a BS. After the players ousted Michael Ryan the way they did, just as the 08 panel did with Justin (who I believe should have stepped down of his own accord at the end of 07), many Waterford supporters will be looking to the Waterford players to justify the move they made, just as they did in 08, where for Waterford reaching the All-Ireland was a must for most fans after the ousting of Justin.

For gods sake, does this issue have to be dragged up again? Really

alllcounty

carter10 wrote: »

Black Suir wrote: »

For gods sake, does this issue have to be dragged up again? Really

He was responding to an article in todays Irish Examiner that didn't give an accurate reflection of the last 2 years and he has every right to do so.

Mountainlad

blue note wrote: »

The surplus / deficit is the amount of money that the county makes / loses in a year. In 2012 we lost €212,000 compared to 2013 where we lost €2,700 (effectively we broke even). To be fair that turnaround is a massive achievement.

The total indebtedness is how much the county owes, so in 2012 we paid off €67,267 and the outstanding debt is €532,801.

I'm sure there are plenty more details, but that's basically what it means.

deiseach wrote: »

Does that mean the County Board made a before-debt profit surplus of €64,567 but after servicing the debt (€67,267) it became a deficit of €2,700?

That's what I'm wondering too Deiseach, and did the deficit the year before include the servicing of debts too and if so how did the figures compare? I guess it would be constant. That's pretty good though, keep going at the rate and they will eventually overcome that debt.