I know of a lad who trusted JD in a major, major corporate transaction. He often used to speak about it. Id say it is gone well south since
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A 350k exit package for JD.
That should tide him over until one of the big multinationals come knocking.
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100K loan repayment with a high APR. It’s his money really.
Who’ll pay the rent?
I wonder how much of it the wife will get
are Console still looking for a CEO?
people can be cruel alright so they can
Anyway with old parents or teenage children is hence forth exempt from criticism
I did not realise that Fat Boy Joe was still knocking about
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Waterford owner unaware of any takeover bid from Delaney
Power says he has had no contact with the former FAI chief executive
Emmet Malone
Waterford’s owner, Lee Power, says he is unaware of any bid by John Delaney to lead a takeover bid for the League of Ireland club with the 47-year-old saying he has not spoken to the FAI’s former chief executive since he parted company with the association.
Rumours that Delaney was attempting to put together a consortium to buy the club from the English-born former Ireland under-21 international have been circulating for at least a week but Power told The Irish Times yesterday that there has been no approach from Delaney, who recently agreed a pay-off with his former employers believed to be worth around €500,000.
Power’s commitment to the club he bought a couple of years ago has been the subject of speculation since they missed out on a place in the Europa League this season over a licensing issue. Having finished fourth last season, Alan Reynolds’s side slipped significantly over the course of this campaign, although a recent run of four wins in five games ahead of Friday’s defeat in Ballybofey did get the club well clear of the relegation zone.
In a brief response to a query regarding the possibility of a Delaney-led takeover, though, Power gave no wider indication of his intentions, simply stating that there had been no contact and that he was unaware of any interest.
The notion of Delaney returning to the game in any prominent way would have been a remarkable development and even the suggestion of it had caused some consternation. But it is believed that such a move may well be prohibited under the terms of the departure deal from the association.
Delaney had played a part in Power taking control of Waterford, the club where Delaney himself had once been involved, although the former striker seems to have been attracted by the overall package on offer.
European football
One of the key things was fairly achievable access to European football, something the association’s competitions director, Fran Gavin, says continues to help generate interest from outside the usual football circles.
“I think what’s happening is that people are seeing a value in the league,” said Gavin. “And I think what’s attractive for them is the four places in Europe and how that can be achieved.
“I think the climate is different and the country is doing that bit better and there is a few more bob about the place. But there have also been positive changes at the clubs themselves.
“Some of the bigger clubs are no longer having to worry about next week’s wages; they are in a position to give two- and three-year contracts, they are looking at youth development, which is by its nature, a longer-term thing, and all of that is giving them head space to think about the broader value of the club.
“And some of the people investing time or money into clubs now are very shrewd commercially,” added Gavin, with Dermot Desmond in the process of investing around €2 million in Shamrock Rovers.
“They are experienced in the commercial market and that can only be positive. They come and they demand more, from the clubs, from ourselves and that can only be positive. As Noel [Mooney, FAI general manager] would say to them: ‘that’s great, we need your experience. Assist us . . . assist the clubs in bringing more money in. That will be good for everyone’.
“They are bringing a different set of skill sets in. That’s not a bad reflection on the people who were there for years, but it is different and that’s good.”
Several of those investors, like Garrett Kelleher at St Patrick’s Athletic and Mike Treacy at Dundalk, have played leading parts in the push for the clubs to assert greater independence from the association and both have expressed support for the all-island league proposal being championed by Kieran Lucid, something that will be the subject of a meeting of clubs from across Ireland in Dundalk tomorrow.
Gavin is adamant that after so many years of Delaney having called the shots for all concerned from Abbotstown, the association is now completely happy for the clubs to decide their own future.
“It’s a journey that the clubs are on separately with Kieran and it is going to be interesting to see how the meeting goes. As an observer, and that’s what I am, it [the current process of clubs assessing their various options] is being driven by the clubs who are very much more aware now of their own value.”
Will the curs and dogs chase this official with the same vigour they went after a good man like Dela with?
Dela would have Waterford in the group stages of the champions league within 5 years if he was given the chance
And they wouldn’t even have to play a game
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Have you read the report? What this GAA official spent over a number of years wouldn’t come to one good night out for Dela.
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sweep sweep
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Hopefully
Serious whataboutery from Delaney fanboys here
It proves that it was a witch hunt against a successful man, it was nothing but begrudgery against Dela.
Sweep, sweep.
Gas really, all delaney supporters can be readily compared to lifelong healy-rae supporters.
‘He got us a waterpump at the bottom of the road/a new kit for the u9s, i don’t care what anyone else sez about him, he’s a great man, they’re all out to get him sure what would any of them know about it’
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