Dundalk FC Thread

There is no long term profit in league of Ireland clubs. Look, I know some of ye are 'Dundalk till I die' and that really is great but for feck sake think about it. It'll be good for five years and then a complete disaster after that.

corkery wrote: There is no long term profit in league of Ireland clubs. Look, I know some of ye are 'Dundalk till I die' and that really is great but for feck sake think about it. It'll be good for five years and then a complete disaster after that.

These guys are definitely financially motivated so I believe they must have some kind of a plan.
IMO they think they can get Dundalk set up properly to attract all the best talent available in Ireland. Get the odd decent run in Europe and get proper contracts in place so they can sell the top players to foreign clubs and also use Dundalk as a feeder club to other clubs.

Whether this works or not remains to be seen.

Shoco wrote: Again I ask the question, what's a couple of million to a company that's worth billions? Surely there are much easier ways for them to make money

I know very little about Peak 6, only that I just googled them and they have $2bn plus AUM. This does not mean they're worth billions. It just means that outsiders have given them billions to make a return. Will they achieve this by pissing it away in the LOI?

These asset managers are smart people and will be directly bonused on long and short term returns. Sunk costs will likely not interest them. Now, can I ask how the likely risk-return of an investment in a LOI club would provide prudent investment?

Is it known how much they acquired the 100% stake for? I'd guess Dundalk must have a pretty strong Balance Sheet......

Edited by Pablo Escobar - 21 Jan 2018 at 7:39pm

Of course Paul and Andy may have taken that money with them and I don't think anyone with begrudge them that, it just means that they could have sold the club for very little, we may never know of course

Why can't they do it?

Well if they didn't then it's safe to assume they got the same amount from peak 6 when selling, which goes back to my point above, peak 6 already have spent more than they can realistically expect to make back!

There are no dundalk fans I know getting carried away with this, most are excited but nervous. We have yet to hear from the investors to see what their plans are, the main issue being will they invest in the ground or not.

That will be the biggest indication of their commitment to the club

Nobody I know understands it

Twoinarow wrote: mandrake wrote: 02ba_rebel wrote: This will end in tears. hopefully..............   they'll end up ground sharing with us in utd park They never bought the lease on Oriel Park, so we are ok!  Are you guys not moving? Was their not talk of a new stadium on LMFM recently.

I see we signed some Hungarian dude on loan, really going all international with our last two sigings