Reading FC - Scabby bast**ds?

Welcome to Kerrydale Street. We hope you enjoy your visit.

You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use.

If you decide to register, please be aware that we don't accept email addresses from free web accounts like gmail, Hotmail, live.co.uk etc. Sorry, but almost all of the abuse and spam that we get is from free web accounts. The software on the forum will automatically block any requests using a free email account.

Upon Registration, you will be given access to all our varied Forums, and you will be expected to comply with our fairly stringent Rules and Regulations. Meantime, enjoy your visit

If you're already a member please log in to your account to access all of our features:

Pages:
1
…
4
5
6
…
9

Reading FC - Scabby bast**ds?; You decide
Topic Started: 2 Jul 2009, 05:20 PM (7,513 Views)
tonyjaa-csc	2 Jul 2009, 08:41 PM Post #81
Off treasure hunting in Holland Posts: 13,676 Group: Snr. Member Member #4,990 Joined: 21 September 2006	july 19th cork city v ipswich town



remy mcswain	2 Jul 2009, 08:41 PM Post #82
From invisibility to dominance Posts: 28,106 Group: Snr. Member Member #74 Joined: 1 September 2004 Favourite all-time player Celticsean	murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? If you were my only realistic option (and I'm assuming Cork's bankers and board members didn't stump up here ), then you are bailing me out.. There is always a huge discount for early payment. If Cork thought it was that bad a deal, they should have said no.



carnloughbhoy	2 Jul 2009, 08:44 PM Post #83
Showing Silky Skills Posts: 978 Group: Members Member #425 Joined: 30 December 2004	If Cork City had've been run properly in the first place they would not be in this mess. They have a large support but still tried to live beyond their means. Cork people have always had successful football clubs but most ended up quitting football or being kicked out because of financial problems. Sadly Cork City do not appear to have learned any lessons from the demise of Cork Hibs, Cork Celtic and Cork United.



Poor Student	2 Jul 2009, 08:45 PM Post #84
First name on the team-sheet Posts: 1,600 Group: Members Member #1,706 Joined: 26 July 2005	I'll say it again. Cork had no problem plucking Doyle from St. Patrick's Athletic for nothing and using connections of a former manager to do so. Cork did not develop the player. Cork City found themselves in a poor financial situation due to not paying their taxes and overspending, they are no angels in this situation and Doyle owes them no more than he owes St. Pat's or his native Wexford underage setup.



herbert viola	2 Jul 2009, 08:47 PM Post #85
Club Captain Posts: 3,213 Group: Snr. Member Member #11,925 Joined: 9 November 2007	murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? you called them 'scum' because of a business transaction. any comment on Corks inability to run their own affairs properly, isnt that the bigger issue. btw, didnt celtic get Bobo for nothing when his old club went into administration? Did you start a thread on MON is scum for ruthlessly capitalising on their misfortune?



murphio	2 Jul 2009, 08:49 PM Post #86
Older than dirt Posts: 29,135 Group: Snr. Member Member #127 Joined: 2 September 2004	remy mcswain 2 Jul 2009, 08:41 PM murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? If you were my only realistic option (and I'm assuming Cork's bankers and board members didn't stump up here ), then you are bailing me out.. There is always a huge discount for early payment. If Cork thought it was that bad a deal, they should have said no. I guess we are getting hung up here between the end result than the intention behind the 'bail out' It appears to me that Reading became aware that Cork were in dire straits and like any good capitalist saw an opportunity to save money when someone met the 6.5m release clause. They were opportunist imo and while Cork may have had no other option than to accept the 200k there is something about the situation I find hard to stomach especially in light of such a huge eventual profit and the fact that Shane Long has been a very good signing again for little money.



randombloke	2 Jul 2009, 08:50 PM Post #87
It isn't easy being green Posts: 8,141 Group: Snr. Member Member #359 Joined: 16 November 2004	murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? That would depend....if you were a mate or family I'd hope you would pay what you could of what you owed me early and the rest when we had agreed. If you were a business associate then I would expect you to re-nogotiate the terms of the debt in your favour if I was asking you to pay it early. Not a valid analogy in any case as the only thing that Reading "owed" Cork was 10% of a hypothetical unspecified transfer fee at some undefined point in the future if they ever sold the player.....in other words they owed them hee-haw.



FrankieT	2 Jul 2009, 09:01 PM Post #88
First name on the team-sheet Posts: 1,514 Group: Members Member #8,658 Joined: 7 June 2007	Don't really see the problem with this. They obviously needed the money last season and were happy to accept it. Cork suddenly can't start moaning seeing as they were all happy to accept the readies last season.



murphio	2 Jul 2009, 09:02 PM Post #89
Older than dirt Posts: 29,135 Group: Snr. Member Member #127 Joined: 2 September 2004	herbert viola 2 Jul 2009, 08:47 PM you called them 'scum' because of a business transaction. any comment on Corks inability to run their own affairs properly, isnt that the bigger issue. btw, didnt celtic get Bobo for nothing when his old club went into administration? Did you start a thread on MON is scum for ruthlessly capitalising on their misfortune? I believe football clubs to be more than just businesses. They represent communities. There are supporters behind the PLCs. If Tesco went to the wall everyone would just take their business to Asda and no-one would care. If Celtic folded then the people behind the business, the fans, would care and would be affected. We couldnt just take our 'business' to Ibrox or Firhill. Football is also unique in that clubs cannot operate as businesses independantly of one another. They depend on each other for survival and the loss of a club like Cork to Irish soccer would be disastrous for the local game. You could ask what this has to do with Reading but as a club who have harvested several good players from Irish soccer and profited enormously from it I would have hoped that the welfare of the game was something of a concern to them. Clearly not - its very much a feeling of Im alright Jack to hell with you. Re Bobo - his contract was cancelled and he automatically became a free agent when Tolouse went bust. Not the same situation at all.



Jimmy_mac	2 Jul 2009, 09:06 PM Post #90
Everyone's Fantasy Football first pick Posts: 1,999 Group: Members Member #5,282 Joined: 28 October 2006	murphio 2 Jul 2009, 08:49 PM It appears to me that Reading became aware that Cork were in dire straits and like any good capitalist saw an opportunity to save money Do you know for sure that Reading took advantage of Cork by approaching them with an offer to renegotiate the clause?



TC67	2 Jul 2009, 09:06 PM Post #91
Don't take no guff from those swine Posts: 19,686 Group: Snr. Member Member #9 Joined: 31 August 2004	murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? What would they have done if the player then left on a Bosman? Lost 250k for nothing.



murphio	2 Jul 2009, 09:14 PM Post #92
Older than dirt Posts: 29,135 Group: Snr. Member Member #127 Joined: 2 September 2004	TC67 2 Jul 2009, 09:06 PM murphio 2 Jul 2009, 08:38 PM remy mcswain 2 Jul 2009, 08:30 PM So Reading bail them out once and they are scum? They've done nothing wrong. It's hardly their fault Cork are skint. If you were losing everything you had and I jumped in and offered you one third of something I owed you if you took it early, would I be bailing you out or ruthlessley capitalising on your misfortune? What would they have done if the player then left on a Bosman? Lost 250k for nothing. TC I think Reading were aware that there was a huge chance he would be sold this summer. There was an element of risk on their part, I agree, but at the end of the day imo they used the situation Cork were in to save them paying 450k. And having banked �6.5m from the sale of Doyle, even as a gesture of goodwill, Id have hoped they would fire a chunk of loose change Cork's way. Doesnt happen in football though does it. I dont expect to change anyone's view on this but thats the way I see it.



herbert viola	2 Jul 2009, 09:43 PM Post #93
Club Captain Posts: 3,213 Group: Snr. Member Member #11,925 Joined: 9 November 2007	murphio 2 Jul 2009, 09:02 PM herbert viola 2 Jul 2009, 08:47 PM you called them 'scum' because of a business transaction. any comment on Corks inability to run their own affairs properly, isnt that the bigger issue. btw, didnt celtic get Bobo for nothing when his old club went into administration? Did you start a thread on MON is scum for ruthlessly capitalising on their misfortune? I believe football clubs to be more than just businesses. They represent communities. There are supporters behind the PLCs. If Tesco went to the wall everyone would just take their business to Asda and no-one would care. If Celtic folded then the people behind the business, the fans, would care and would be affected. We couldnt just take our 'business' to Ibrox or Firhill. Football is also unique in that clubs cannot operate as businesses independantly of one another. They depend on each other for survival and the loss of a club like Cork to Irish soccer would be disastrous for the local game. You could ask what this has to do with Reading but as a club who have harvested several good players from Irish soccer and profited enormously from it I would have hoped that the welfare of the game was something of a concern to them. Clearly not - its very much a feeling of Im alright Jack to hell with you. Re Bobo - his contract was cancelled and he automatically became a free agent when Tolouse went bust. Not the same situation at all. youre taking the final point of law (that they went into administration) and using that as a definitive difference. Its not as black and white as that, much more complex, and Im sure you know that Murphio, but that doesnt suit your argument in criticising Reading. irrc at one point there was a legal dispute as to whether celtic would have to pay anything or not, they eventually didnt, and being the great community spirit that they are exploited the situation to their advantage. To that extent, and in the substance of the transaction its actually not that different at all. If celtic had felt a great need for the moral high ground they could have given his old clubs adminstrator a payment, a fair payment, for his purchase, which would have gone to paying off creditors, likely including players who were owed wages. They chose not to, and exploited the situation to their advantage. Is that really that different than what Reading did? btw, Reading football club and madjeski have done a helluva lot for their local area for creating a decent football club and a community spirit and pride in their team. His focus is quite rightly towards the benefit of his own club and their own supporters. Football isnt about social welfare, its about self preservation for football clubs - Im sure celtic would quite happily watch the other 11 clubs in scotland go into administration if it meant the holy grail of epl football for them.



remy mcswain	2 Jul 2009, 09:45 PM Post #94
From invisibility to dominance Posts: 28,106 Group: Snr. Member Member #74 Joined: 1 September 2004 Favourite all-time player Celticsean	Did Henrik not have to court to get released for �650k? Feyenoord wanted more than that iirc Jansen Scum



Magic McGrain	2 Jul 2009, 09:47 PM Post #95
Occasional Substitute Posts: 379 Group: Members Member #14,842 Joined: 31 January 2008	I think you're being harsh on Reading. Last year they didn't have to help Cork out. Reading could have turned a blind eye in the hope that Cork went under and then they wouldn't have had to pay anything. But they did help Cork out. No-one can forecast the future. What if Reading got promoted in the seaon just finished? Doyle may have stayed with them for years. This would mean that Reading had given Cork money for nothing.



kewlcelt	2 Jul 2009, 09:50 PM Post #96
First-team captain Posts: 2,544 Group: Snr. Member Member #22,444 Joined: 24 October 2008 Favourite all-time player Paul McStay The Maestro	Doyle has become a millionaire over this move, maybe he can remember the club that gave him the chance.



celbhoy	2 Jul 2009, 09:58 PM Post #97
First team training Posts: 146 Group: Members Member #145 Joined: 3 September 2004	murphio 2 Jul 2009, 08:38 PM It appears to me that Reading became aware that Cork were in dire straits and like any good capitalist saw an opportunity to save money when someone met the 6.5m release clause. They were opportunist imo and while Cork may have had no other option than to accept the 200k there is something about the situation I find hard to stomach especially in light of such a huge eventual profit and the fact that Shane Long has been a very good signing again for little money. One of the first things Tom Coughlan did when he took over was to approach Reading and exchange Doyle's clause for immediate cash. If they hadn't got that money the high court would have wound them up three weeks ago as Coughlan found �103k of a �250k tax bill. He was the one who handed out big contracts to Paul Doolin (manager) and the players there, as well as bringing in new players and keeping the full time set up. Then he proceeded not to pay any tax or prsi for four or five months. While clubs like Drogheda and Shels cut their cloth after their implosions, Cork didn't. The extra 400 grand would not have remotely made up this years shortfall. Most Cork fans thought it was good business by Coughlan at the time Edit for quoting thingy Edited by celbhoy, 2 Jul 2009, 10:00 PM.



murphio	2 Jul 2009, 10:01 PM Post #98
Older than dirt Posts: 29,135 Group: Snr. Member Member #127 Joined: 2 September 2004	herbert viola 2 Jul 2009, 09:43 PM youre taking the final point of law (that they went into administration) and using that as a definitive difference. Its not as black and white as that, much more complex, and Im sure you know that Murphio, but that doesnt suit your argument in criticising Reading. Tolouse agreed a fee for Balde and in the meantime went bankrupt meaning that ALL their players became free agents. This was entirely down to laws which govern the game and has little or nothing to do with what has transpired between Cork and Reading. Had Celtic picked up Balde for 70k, sold him to Bayern Munich for 6.5m and then - on the back of a crisis at Tolouse which could have meant their extinction - attempted to renegotiate our previously agree deal then I would have felt exactly the same as I do re Reading. I understand that the nature of business is dog eat dog and survival of the fittest. But, like I said above, football clubs imo cannot and should not be considered just 'businesses'. There are people behind them and when you capitalise on the misfortune of others for financial gain then, business or not, I think that is wrong. If Cork go to the wall how many players lose their jobs? How many staff become unemployed? How many supporters lose something they love? But thats okay because Reading seen an opportunity to trouser an extra half a million which would have avoided all of the above? Its not like its charity - its simpy doing what is right on the back of a huge profit and giving them the money which they agreed to back in 2005 whether Cork, in their financial predicament, were forced to accept less or not. Edited by murphio, 2 Jul 2009, 10:03 PM.



kmc67	2 Jul 2009, 10:03 PM Post #99
Occasional Substitute Posts: 352 Group: Members Member #4,046 Joined: 16 June 2006	why did the tic not bale them out for doyle



huddler	2 Jul 2009, 10:17 PM Post #100
Patenting the term "Thunderbeams" Posts: 12,137 Group: Snr. Member Member #4,054 Joined: 16 June 2006	murphio 2 Jul 2009, 05:20 PM Last year Cork City FC were facing liquidation over, among other things, an unpaid taxbill. They needed an immediate cash injection or they faced serious peril of being wound up altogether. Then Reading FC came along in their hour of need and offered the club 200k in exchange for - it turns out - their �650k (10 per cent sell on clause) from any future sale of Kevin Doyle. At this time Doyle had a 6.5m sale clause written into his contract so essentially John Madjeski knew that by capitalising on Cork's dire financial situation he would save Reading almost half a million pounds - money which would have cleared Cork's debt and allow them to trade in the black again. Right now the club still have an unpaid tax bill of around 250k which is still threatening their existence. Had Cork received what they were entitled to the problems would be completely behind them. I know some folk will say that this is business but I think it stinks. They got the player for 70k and made a 6.4m profit. You would think that they would be down on their knees thanking Cork but no - in their hour of need they swooped on Leeside to pick meat of the rotting carcas. Reading, in my view, are the typical example of everything that is wrong with football. Scabby bastards. Thoughts? This perfectly highlights how money doesn't "trickle down" with any great fairness in lassaiz-faire football. You're right, it stinks. P.S. It would still stink if we'd done it too, incidentally.



2 users reading this topic (2 Guests and 0 Anonymous)


Go to Next Page
« Previous Topic · Celtic Football Club Discussion Forum · Next Topic »

Pages:
1
…
4
5
6
…
9