GAA WTF

Started by seafoid, January 30, 2023, 07:30:09 PM

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Baile Brigín 2

Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.

clarshack

Wasn't there a whole hullabaloo as well with Neil Lennon and €3million but he got off the hook cause the bank lost important documents?

seafoid

Quote from: Baile Brigín 2 on February 19, 2023, 11:12:44 PM
Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.
The vox pops on the debt writedown are not good.
And sure you know yourself. In the Kilkenny branch and it's someone that won 5 all Irelands.
If it was in the Dundalk branch for the same amount of money for someone who won 5 League of Ireland titles the answer would be no.
"f**k it, just score"- Donaghy   https://www.youtube.com/watch?v=IbxG2WwVRjU

nrico2006

Quote from: clarshack on February 19, 2023, 11:23:52 PM
Wasn't there a whole hullabaloo as well with Neil Lennon and €3million but he got off the hook cause the bank lost important documents?

Think he reached a settlement.
'To the extreme I rock a mic like a vandal, light up a stage and wax a chump like a candle.'

Bord na Mona man

These writedowns happen when the person has little or no means to repay.
If Carey was repaying the debt at €1,000 a month, it would take him 750 years to reach €9 million.

The bigger question is how did he get so much credit in the first place?


seafoid

Quote from: Bord na Mona man on February 20, 2023, 10:31:55 AM
These writedowns happen when the person has little or no means to repay.
If Carey was repaying the debt at €1,000 a month, it would take him 750 years to reach €9 million.

The bigger question is how did he get so much credit in the first place?
20,000 people have unrepayable mortgage debts. He wasn't alone.
The banks were all competing with one another  and risk management was absent .
"f**k it, just score"- Donaghy   https://www.youtube.com/watch?v=IbxG2WwVRjU

trueblue1234

Quote from: Baile Brigín 2 on February 19, 2023, 11:12:44 PM
Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.

Not a concern for the GAA tho. If a bank employee (GAA minded or not)  got led on by a big GAA star, that's on the bank. Nothing to do with the GAA as an organisation other than a sad story for such a fantastic player.
Grammar: the difference between knowing your shit

Rossfan

If you owe the Bank €1,000 it's your problem.
If you owe the Bank €1,000,000 it's their problem.
Davy's given us a dream to cling to
We're going to bring home the SAM

PadraicHenryPearse

Quote from: Bord na Mona man on February 20, 2023, 10:31:55 AM
These writedowns happen when the person has little or no means to repay.
If Carey was repaying the debt at €1,000 a month, it would take him 750 years to reach €9 million.

The bigger question is how did he get so much credit in the first place?

I think that is the question. I'd say his profile was reason he got so much, which in itself calls into question AIBs credit underwriting standards.. if the man is broke,  no other option really then W/O.


RedHand88

Quote from: Bord na Mona man on February 20, 2023, 10:31:55 AM
These writedowns happen when the person has little or no means to repay.
If Carey was repaying the debt at €1,000 a month, it would take him 750 years to reach €9 million.

The bigger question is how did he get so much credit in the first place?

Ach sure its himself, hes a good GAA man, he'll be good for it.

seafoid

https://www.irishtimes.com/ireland/2023/02/19/denis-obrien-provides-gardai-with-extensive-details-of-gaa-stars-alleged-fraud/
Denis O'Brien has provided gardaí with extensive information on a former GAA star under investigation for widespread fraud.
The sportsman made a number of approaches to the businessman who agreed to help him.
He allegedly requested large amounts of cash in the form of payments and loans from the billionaire, claiming he needed it to fund his cancer treatment. As well as handing over large sums of cash, Mr O'Brien also agreed to let the man use some of his properties, The Irish Times understands.
"f**k it, just score"- Donaghy   https://www.youtube.com/watch?v=IbxG2WwVRjU

fearbrags

Quote from: seafoid on February 19, 2023, 11:28:05 PM
Quote from: Baile Brigín 2 on February 19, 2023, 11:12:44 PM
Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.
The vox pops on the debt writedown are not good.
And sure you know yourself. In the Kilkenny branch and it's someone that won 5 all Irelands.
If it was in the Dundalk branch for the same amount of money for someone who won 5 League of Ireland titles the answer would be no.

Well  these 2 have no all Ireland medals and i dont think went to the Kilkenny branch ?
https://www.irishtimes.com/news/crime-and-law/courts/high-court/mcnamara-lowe-2-9m-debt-write-off-shows-merits-of-insolvency-regime-1.4190699

seafoid

Quote from: fearbrags on February 20, 2023, 05:44:02 PM
Quote from: seafoid on February 19, 2023, 11:28:05 PM
Quote from: Baile Brigín 2 on February 19, 2023, 11:12:44 PM
Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.
The vox pops on the debt writedown are not good.
And sure you know yourself. In the Kilkenny branch and it's someone that won 5 all Irelands.
If it was in the Dundalk branch for the same amount of money for someone who won 5 League of Ireland titles the answer would be no.

Well  these 2 have no all Ireland medals and i dont think went to the Kilkenny branch ?
https://www.irishtimes.com/news/crime-and-law/courts/high-court/mcnamara-lowe-2-9m-debt-write-off-shows-merits-of-insolvency-regime-1.4190699
Sure it even happened in the Carlow branch
"f**k it, just score"- Donaghy   https://www.youtube.com/watch?v=IbxG2WwVRjU

fearbrags

Quote from: seafoid on February 20, 2023, 06:07:23 PM
Quote from: fearbrags on February 20, 2023, 05:44:02 PM
Quote from: seafoid on February 19, 2023, 11:28:05 PM
Quote from: Baile Brigín 2 on February 19, 2023, 11:12:44 PM
Quote from: Hound on February 19, 2023, 05:49:55 PM
A group of Munster rugby players got bank write downs. Some of the team that won 2 Euro Cups lost a crazy amount of money from bad investments.

DJ got the write down because he is a famous person. Not because he's a hurler! Also no doubt he told the bank a load of lies.

I will make a wager to charity of chouce that if we do ever find out the name of who made this decision that they are a prominent member of the GAA. AIB is notorious for sponsor jobs.

Like it or not this is being reported as a how Ireland works story, and this is the nice part of the saga. It's going to get nastier.
The vox pops on the debt writedown are not good.
And sure you know yourself. In the Kilkenny branch and it's someone that won 5 all Irelands.
If it was in the Dundalk branch for the same amount of money for someone who won 5 League of Ireland titles the answer would be no.

Well  these 2 have no all Ireland medals and i dont think went to the Kilkenny branch ?
https://www.irishtimes.com/news/crime-and-law/courts/high-court/mcnamara-lowe-2-9m-debt-write-off-shows-merits-of-insolvency-regime-1.4190699
Sure it even happened in the Carlow branch
But hadnt All Irelands  or League Of Ireland medals ;) Maybe it is Who you know ?

Funny This Roscommon Man did have An All Ireland Medal and they as scarce as hen's teeth In Ros .
https://www.independent.ie/lifestyle/a-man-called-danger-26572747.html