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More lies from dublinfella - what's new?

Such as?

Like it or not I have called everything in relation to the trials and tribulations of TD 100% correct since day one.

I beat the papers by a few days on this one.

But you carry on sticking your head in the sand. They are broke, they have no ability to generate the revenues required, the begging bowl is out at a time when no-one has the money and the banks are desperate to claw back anything they can and the GAA don't have the resources to bail them out.

"But sure it will be grand...."

Dublinfella, as far as I am told it is the allweather pitch costs which are the main  problems in TD. To keep harping on about "legal costs" all the time is just agenda driven.
Btw, where did you get NAMA nonsense from? Not applicable.

About 1/4 is legal fees, and we know about them. I agree the majority of the debts are plain bad planning

I know you are just itching to use the "k" word.

Not really. But Its fair to ask questions of any club that allows a non officer or trustee have that much power.

Don't fret , Thomas Davis have survived the 1920s, 1950s, 1980s and indeed all "recent" social upheavels that have hit Dublin and no doubt will survive this one also.

Hopefully. But this has nothing to do with social upheaval. Stop blaming outside factors. Its a 100% self inflicted problem.

The latter is rubbish for the earlier reasons I outlined. No bank is pull the nuclear option because getting some back is better then getting none at all. No bank is going to write off a 2m debt. As for the publicity thats would go with that- not worth it for any bank. 2m is mickey mouse for Irish banks. They are so much in the hoc- 2m is the equivalent of losing 10 cents out of  a grand. The debt will simply be restructured or a number of individuals I suspect will get together to put cash on the balance sheet for a time period.

I agree that the bank won't write it off, but you are on cloud cuckoo land if any Irish bank will walk away from 2m at the moment.... Get your head around the fact there is a significant chance the land TD play on will be in NAMA hands by the end of the year.

As for the individuals stepping in. Presumably you mean the same individuals who stepped in to cover the legal costs and stepped straight back out again when they actually had to put their money where their mouths were?

At the risk of appearing trite, you're the League of Ireland fan, you tell us.

I have no idea, but in soccer the clubs aren't vested into the FAI in the same way GAA clubs are, so its a moot point and ultimately irrelevant

The role of trustees is a strange one in the GAA. At times it appears frustrating that a small number of individuals with no mandate within the club can block decisions of the committee but I can see the argument for trustworthy individuals providing a level of consistency of approach.

If I am reading the story correctly, and I haven't been wrong in any of this yet, its the trustees who have backed out of paying the legal fees leaving the club liable

TD would average more than 4,000 punters every second week for about 30 games? Will you rev up. The dublin hurlers can't get close to those numbers

Thomas Davis have been in Tallaght well over 100 years (or thereabouts) so they are going nowhere despite the wishful thinking of some of the "beautifulgamers". Have heard that it is the allweather pitch that has them in trouble mainly and not the Court case.
TD and SDCC have a frosty relationship and if memory serves me right they were in Court some years ago over a pitch near the Garda Station in the village. TD lost.

So where is this €2m+ going to come from?

Depends what side of the equation you mean Benny.

The DCB fully supported TD in the court case, so they can't realistically turn around and claim they didn't understand that losing would cost money, in this €500,000. Hence a group of people put down individual surities to ensure that the clubs assets were not at risk. Still have not had any indication as to why those bonds are not being drawn down by the High Court.

As for the other €1.5m, who knows what the situation with the borrowing. All will become clearer on Monday I suppose.

But in general, what happens if a club goes pop in a cloud of debt? Are the County Board or Croke Park left liable? Can the assets (land in this case) be siezed?

If you compare like with like, i.e. the top two divisions in hurling and football V the top two divisions in LOI then I would safely say that the National league would win hands down. What that proves is debatable but it is a fact.

Weill if you take two tournaments and compare it to one, of course the two will win... 

I wouldn't actually be so sure. Dublin would get more than a Dublin LoI club in football, but wouldn't in hurling.

Would the average of the hurling and football crowds in the league in Sligo, Donegal, Derry, Wicklow, Westmeath, Longford and Louth beat the LoI clubs there?

I suppose what it proves is that irish people don't do week in week out sport in the numbers they should.

Fingal county council thinking they are the Glaziers, this stadium built for a "professional" soccor outfit.  Whatever about bondholders, the roles of Dublin County council in this is a strage one alright.  I wonder how much money was actually "burned" promoting sporting Fingal.  Thats even before you talk about the AVIVA.   

Fingal? Dublin County Council? What are you talking about?

What would that tell us? There was approx 10K at the Tipp/Kilkenny game, between 6 and 8K at the Mayo/Down game, not sure about the others but approximate figures are available I'm sure. The league is the primary competition for domestic soccer and the secondary competition for the GAA, yet few, if any, LOI game will get crowds in excess of 6K as many of the National league games will. So, in conclusion, the GAA is a more popular spectator sport than LOI soccer, nothing new there and this fact is no reflection on either game. Maybe you can tell me where you're trying to go with this?

Rossfan mentioned comparing NL and LoI attendences. For every 10,000 at a Tipp v KK game there is 100 at a Leitrim v Carlow.

I'm not disputing that the GAA is more popular than the LoI overall, but I would have a suspicion that more punters pay into LoI games than the NL taken as a whole over two sports.

Re-read the part about the grey area, bond & guarantee.

these individuals have either placed a bond or they haven't

something is up here...

Right. So the sum of human knowledge would be added to if we had an equally unreliable source for GAA attendances. GIGO.

Sigh.

Is there anywhere I can find League attendences? Would be interesting to see are they increasing / declining or what

You don't have to drill very far into any of the multitude of threads about attendances at foot.ie to see people ridiculing the figures that are posted. To call them unreliable would be charitable

As may be, but it is at least a resouce. Where can I look up the GAA equivalents?

I believe that a number of individuals gave assurances under which I'm told there is a grey area and the personal/financial circumstances of those people has changed since the agreement.

I'm still not sure how this is CLG TD's problem....

As regards guarantors, I'm sure you're just as informed as I am on that issue and I'm not going to post on it.

I'm actually not informed on this one.

At the time I recall a half dozen or so individuals signed bonds to cover legal costs in case of a loss. To date this bill has not been settled, and anecdotally I hear you told the council to take a running jump when they pursued the money.

So what happens now? If the individuals are liable, TD owe 1.5m, not 2m. If TD are liable, then the bonds were not entered in good faith which is a legal landmine.

Were you shafted by someone or did TD never have any intention of honouring this bill?

For the record, I of course, hope you sort all this out. Would be an awful shame for a club to fold because of the folly of a couple of individuals pursuing a ridicilious court case.