John Delaney at the FAI Thread - (Mod Notes in OP)

Chancer3001 · 17-04-2019 11:58PM

Sinilar to brexit?

I started posting in this thread because it reminded me too much of the donald trump posts

TRUMP BAD. A.N.OTHER GOOD.

secman · 18-04-2019 12:22AM

Chancer3001 wrote: »

Sinilar to brexit?

I started posting in this thread because it reminded me too much of the donald trump posts

TRUMP BAD. A.N.OTHER GOOD.

Makes complete sense, thanks for sharing that, so relevant .........

Arghus · 18-04-2019 12:41AM

Chancer3001 wrote: »

Sinilar to brexit?

I started posting in this thread because it reminded me too much of the donald trump posts

TRUMP BAD. A.N.OTHER GOOD.

That's just gibberish.

The degeneration of the coherence of your arguments over the last fortnight or so has been pretty remarkable.

Beasty · 18-04-2019 07:41AM

A supporter of Trump, Farage and Delaney

Now that is the Holy Trinity

:pac:

s3rtvdbwfj81ch · 18-04-2019 07:57AM

Chancer3001 wrote: »

Sinilar to brexit?

I started posting in this thread because it reminded me too much of the donald trump posts

TRUMP BAD. A.N.OTHER GOOD.

you still haven't answered my question from yesterday.

s3rtvdbwfj81ch · 18-04-2019 07:59AM

In the interest of clarity

You

Delaney met 2 other lads for a look at the books and spotted the overdraft was about to be exceeded. So he gave 100k to tide them over til the SI 2m came in.

Me

This is not the story that was told to the JOC last week. Why are you making stuff up?

I expect you to ignore this again by the way, or come up with more bullshít.

salmocab · 18-04-2019 08:18AM

Has healy Rae had any more to say in the last few days?

s3rtvdbwfj81ch · 18-04-2019 08:21AM

salmocab wrote: »

Has healy Rae had any more to say in the last few days?

him and that other buffoon from Cork.

Irishmale0399 · 18-04-2019 09:01AM

https://www.thesun.ie/sport/football/3998261/fai-complaint-not-related-john-delaney-loan/

"A well-placed source told the Irish Sun: “The auditors have raised something new with the FAI, and something potentially big. There could be something bigger than a €100,000 cheque.

“It is not about liabilities to a football club. The spend within football is all legitimate. It is about the current or previous accounting period (2018/19), and this failure could amount to a prosecution on indictment or summary prosecution.

“The worst may be yet to come.”

Cienciano · 18-04-2019 10:21AM

Faith Some Loop wrote: »

It's fúcking infuriating, but it generates clicks and content, so a blind eye is turned.

I'll tell you what's infuriating. I've read almost every post in this thread over the last couple of weeks except 1 posters who's on my ignore list because it's obvious what they're doing. But every time I come into this thread there'll be one post by them, but quoted and replied to by about 10 people I have to scroll past. Everyone knows what he's at, but you still fúcking reply! Why?

We're big boys here, if you cannot ignore a poster just stop replying to him and move on.

Chancer3001 · 18-04-2019 10:21AM

Mr Delaney spelt out the circumstances as to how he came to cut the cheque making clear that the FAI had all but exhausted its €1.5 overdraft with Bank of Ireland on April 25, 2017.

As a result, cheques issued by the FAI may not be fully met, and as the body only had a few hours to resolve the issue, Mr Delaney decided to issue the cheque.

He demanded that the cheque only be lodged if needed and was told by the FAI's director of finance that it was needed to meet a payment to a third-party creditor the next day, April 26, 2017.

I posted the exact quotes before

artanevilla · 18-04-2019 10:25AM

Chancer3001 wrote: »

Mr Delaney spelt out the circumstances as to how he came to cut the cheque making clear that the FAI had all but exhausted its €1.5 overdraft with Bank of Ireland on April 25, 2017.

As a result, cheques issued by the FAI may not be fully met, and as the body only had a few hours to resolve the issue, Mr Delaney decided to issue the cheque.

He demanded that the cheque only be lodged if needed and was told by the FAI's director of finance that it was needed to meet a payment to a third-party creditor the next day, April 26, 2017.

I posted the exact quotes before

Why was this allowed to happen? Why were they overdrawn 1.5 million?

s3rtvdbwfj81ch · 18-04-2019 11:02AM

Chancer3001 wrote: »

Mr Delaney spelt out the circumstances as to how he came to cut the cheque making clear that the FAI had all but exhausted its €1.5 overdraft with Bank of Ireland on April 25, 2017.

As a result, cheques issued by the FAI may not be fully met, and as the body only had a few hours to resolve the issue, Mr Delaney decided to issue the cheque.

He demanded that the cheque only be lodged if needed and was told by the FAI's director of finance that it was needed to meet a payment to a third-party creditor the next day, April 26, 2017.

I posted the exact quotes before

That is not the scenario you made up though, where Delaney sat down with two board members and they discovered the shortfall together.

Delaney outlined that they approached him and TOLD him about it, and he wrote a cheque.

You made up a story for some reason, and I'm asking why.

Chancer3001 · 18-04-2019 11:07AM

They sat down somewhere and discussed the shortfall. Ive no idea who approached who initially. Seems like a pointless piece of info?

3 of them met. Discussed the shortfall. Jd decided hed loan them cash. Nothing made up there.

As regars why it was allowed happen, this happens in organisations and businesses on a daily basis. They knew they had over 2m coming in soon to cover it all. Why does any organisation have an overdraft!? So you can live "on credit" for a while before income comes in

s3rtvdbwfj81ch · 18-04-2019 11:25AM

Chancer3001 wrote: »

Ive no idea who approached who initially.

Yes, you do, it was stated in the JOC, the board members came to Delaney and told him. He said in his statement that if they'd come a bit sooner he'd have been able to sort it sooner.

The false picture you painted was of Delaney and the Board Members sitting down and "spotting" the shortfall.

That was not true.

artanevilla · 18-04-2019 11:27AM

Chancer3001 wrote: »

They sat down somewhere and discussed the shortfall. Ive no idea who approached who initially. Seems like a pointless piece of info?

3 of them met. Discussed the shortfall. Jd decided hed loan them cash. Nothing made up there.

As regars why it was allowed happen, this happens in organisations and businesses on a daily basis. They knew they had over 2m coming in soon to cover it all. Why does any organisation have an overdraft!? So you can live "on credit" for a while before income comes in

That is just not true at all, it does not happen on a daily basis. Certainly employees do not lend their employers cash.

s3rtvdbwfj81ch · 18-04-2019 11:30AM

I'd like to hear some examples of a CEO of a high profile organisation giving a substantial loan to their organisation, surely he can come up with one other example of it happening, if it happens in a daily basis.

Highly dubious that if this is so commonplace that the rest of the Board wasn't informed, and it wasn't in the accounts either.

I'd say that's normal too.

mugsymugsy · 18-04-2019 11:34AM

Lads ignore chancer I have.

Now we can't ignore the other chancer that is hanging around the fai like a bad smell. Hopefully he is booted out without a payoff - he has been the problem child not the league of Ireland.

18-04-2019 11:35AM

Arghus wrote: »

That's just gibberish.

The degeneration of the coherence of your arguments over the last fortnight or so has been pretty remarkable.

2 weeks ago he was telling posters their head was up their assess, they were stupid, and offering to draw pictures to help them.

Now, clearly his effort last night was less coherent, but he's not as smartarsed as he was, so that's an improvement.

Chancer3001 · 18-04-2019 11:43AM

Faith Some Loop wrote: »

I'd like to hear some examples of a CEO of a high profile organisation giving a substantial loan to their organisation, surely he can come up with one other example of it happening, if it happens in a daily basis.

Highly dubious that if this is so commonplace that the rest of the Board wasn't informed, and it wasn't in the accounts either.

I'd say that's normal too.

You misread my post. The "it happens daily" part was a response to the question of why the fai was allowed to run up a big debt in the first place.

Chancer3001 · 18-04-2019 11:44AM

Deleted User wrote: »

Arghus wrote: »

That's just gibberish.

The degeneration of the coherence of your arguments over the last fortnight or so has been pretty remarkable.

2 weeks ago he was telling posters their head was up their assess, they were stupid, and offering to draw pictures to help them.

Now, clearly his effort last night was less coherent, but he's not as smartarsed as he was, so that's an improvement.

The head up their ass retort was a reply to a poster who said i had my head up my ass. Fire with fire. Baby insults with baby insults.

Mature i know.

18-04-2019 11:55AM

Chancer3001 wrote: »

The head up their ass retort was a reply to a poster who said i had my head up my ass. Fire with fire. Baby insults with baby insults.

Mature i know.

You're simply lying now.

The poster you quoted said you had your head in the sand. You yourself brought in the head up ass stuff, presumably thinking it was a clever retort.

I think you may have been a bit giddy because you thought John would ride it out. I'm glad you have left that stuff behind as his position has become more and more tenuous.

s3rtvdbwfj81ch · 18-04-2019 12:00PM

Chancer3001 wrote: »

You misread my post. The "it happens daily" part was a response to the question of why the fai was allowed to run up a big debt in the first place.

Did I also misread your earlier post where you totally made up a scenario that painted Delaney in a better light?

Do other large organisations "daily" get to the point where the overdraft is almost totally exhausted that they need loans from employees? Examples please.

Is that a commonplace occurence? Is it commonplace then for the CEO to write a cheque, the organisation "live on the credit" of the CEO and then pay him back a couple of months later? That's a normal situation in your mind, is it? Again, examples please.

secman · 18-04-2019 12:07PM

Hopefully for the sake of football, pressure will be put on FAI to arrance a date for EGM, AGM scheduled for July is just not on.
Have to say, it's looking bleak for the body known as FAI, its actually a CLG, a company limited by guarantee, the guarantors are, I understand the board members . With resignations promised, would you allow your name to go forward as a board member and hence a guarantor for God knows what at this stage. We may see a wind down of the CLG and a whole new corporate entity set up, with a new brand name, FAI name is currently toxic, maybe thats why Sports Ireland have brought in an expert in this area. A holy mess headed by CEO Delaney

s3rtvdbwfj81ch · 18-04-2019 12:15PM

I think Niall Quinn was advocating for a name change too.

IFA is taken already though.

Association of Irish Football?

Chancer3001 · 18-04-2019 12:23PM

Faith Some Loop wrote: »

Chancer3001 wrote: »

You misread my post. The "it happens daily" part was a response to the question of why the fai was allowed to run up a big debt in the first place.

Did I also misread your earlier post where you totally made up a scenario that painted Delaney in a better light?

Do other large organisations "daily" get to the point where the overdraft is almost totally exhausted that they need loans from employees? Examples please.

Is that a commonplace occurence? Is it commonplace then for the CEO to write a cheque, the organisation "live on the credit" of the CEO and then pay him back a couple of months later? That's a normal situation in your mind, is it? Again, examples please.

I think the nitpicking over the delaney meeting doesnt add anything positive or negative to delaney IMO.

An example off the top of my head - numerous large building firms would go deep in the red , buying materials, hiring etc. Then get paid when the project is complete. Back in black.

Again, I've said numerous times, the loan was unusual, but so what? It actually helped the FAI out and he didnt charge interest.

It was unorthodox sure , but makes little difference to me if he loaned the cash or if a bank loaned it. If hes happy to do it then how bad.

Nesta99 · 18-04-2019 12:29PM

Football Federation of Ireland by next September! I actually agree with the rebranding anyway as it would help do away with the relatively regular mix up in foreign media with the IFA. With the pending launch of a new company running LoI the opportunity could be used for a complete rebranding of football here.

I have to say I hope that this 'bigger' breaking news does not take away from the issue already at hand where a former CEO has not acted in the best interests in Irish football by trying to conceal financial issues and associated flaws in governance and culpability. This new issue could have a general wider impact on the board and staff eg CFO and CEO along with tresurers. What is not clear to me is why the H4 form was not filled post audit with 7 days to address the issue - maybe I have it wrong but it still looks like a retrospective submission by the auditor after the story broke rather than dilligence on behalf of Deloitte at the time of the scheduled audit.

We also still have to have 6k of cash withdrawals minimum accounted for by JD. A breakdown of further expenses and the guidelines by which expenses are allocated as appropriate to use also.

18-04-2019 12:29PM

Chancer3001 wrote: »

An example off the top of my head - numerous large building firms would go deep in the red , buying materials, hiring etc. Then get paid when the project is complete. Back in black.

Private companies where of course you might get partners paying in to keep the show going. They are answerable to themselves though.

The situation is not remotely similar.

Deise Vu · 18-04-2019 12:39PM

Chancer3001 wrote: »

I think the nitpicking over the delaney meeting doesnt add anything positive or negative to delaney IMO.

An example off the top of my head - numerous large building firms would go deep in the red , buying materials, hiring etc. Then get paid when the project is complete. Back in black.

Again, I've said numerous times, the loan was unusual, but so what? It actually helped the FAI out and he didnt charge interest.

It was unorthodox sure , but makes little difference to me if he loaned the cash or if a bank loaned it. If hes happy to do it then how bad.

That's the $64K question. Why did JD refuse to comment on it to the Sunday Times and why did he wait until hours before the publishing deadline and go to the enormous expense (whose expense I wonder?) of trying to get an injunction to prevent the Sunday Times from publishing details of his wonderful, magnanimous gesture to the 'Football Family'.

Its just a little bit strange isn't it?

secman · 18-04-2019 12:42PM

Sporting organisations , National Assiocations, unlike businesses use CLG as they cant be owned by anyone , but thats what was wrong with this whole setup, the CEO treated it like he owned it, the board were non functional and didnt prevent it.
No Governance what so ever.
But we now have a fantastic opportunity to get it set up properly with real Governance and a functioning board.
How anyone of right mind can still defend Delaney is totally beyond me !

John Delaney at the FAI Thread - (Mod Notes in OP)

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