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Derry City not going to the wall: McDaid
Wednesday, 4 November 2009
Derry City chairman Pat McDaid says the club will survive despite debts approaching half a million pounds.
The club’s board met with shareholders, local businessmen, politicians, creditors, former directors and sponsors in Londonderry’s City Hotel last night to try to find a way out of the crisis.
Following the meeting Derry chairman Pat McDaid says the club will be able to make an announcement about the future by the early part of next week .
“Derry City has a proud 81-year history, so the football club will survive,” Mr McDaid said.
“At this moment in time I and the board want to rectify this problem once and for all.
“Obviously we want to be playing premier division football next season, but our main priority is that we have a football club and what division they'll be playing in next season is secondary.”
If Derry fail to met the December 21 deadline to pay all their creditors in time to secure their UEFA licence, they face the prospect of relegation.
But they are also facing the twin threat of a winding-up order launched against them by Dungannon Swifts for non-payment of £30,000 due on Niall McGinn’s transfer to Celtic.
“As a club we are trying to address everything. There would be no point in us trying to sort out one thing and then move on and try to sort another thing. Myself and the board now want to try and sort everything and also ensure that we aren’t in this terrible position in the future,” said Mr McDaid.
It’s thought the club’s current debts could be well in the region of £450,000, with around half of that debt owed to players and staff members.
Employees are currently owed eight weeks wages.
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GMT I understand exactly the process whereby the settlement by the Foyle was given the name Londonderry. I still say this name is no more "official" than the name "Derry". Besides, if the Privy Council accede to an "official" name change, will you stop harping on. Besides, do you live here ?
And davy, don't you want football on this island to thrive ? If Derry go to the wall, who's next ? Surely your agenda wouldn't be sectarian would it ?
Posted by Yip | 05.11.09, 13:28 GMT
Surely the focus of the comment on this article is what reliance can be placed upon Pat Mc Daid's comments.
And just because the club is 81 years old does not protect it from Liquidation.
Posted by Observer | 05.11.09, 12:48 GMT
Derry is the original and correct name of the city. In every other European country, excluding the UK, the city is known as "Derry" and not Londonderry.
Londonderry is a later addition to the name which can be found neither in the original Irish (Doire) or even the original British settlement "Derrie".
Posted by El Sid | 05.11.09, 09:47 GMT
Personally, I do not care what people refer to the city as. However, I hope the following information helps confirm that the BT were correct in their use of the name Londonderry.
According to the city's Royal Charter of 10 April 1662 the official name is Londonderry. This was reaffirmed in a High Court decision in January 2007 when Derry City Council sought guidance on the procedure for effecting a name change.
The council had changed its name in 1984, and the court case was seeking clarification as to whether this had also changed the name of the city.
The decision of the court was that it had not.
Council = Derry City Council
City Name = Londonderry
Posted by No Political Agenda | 05.11.09, 08:51 GMT
yip
the majoirty of the irish league wants dcfc to go to the wall.
hope they go bust and soon!
Posted by davy | 05.11.09, 08:51 GMT
Garth
What's "proper" and "official" about "Londonderry". Who says that's what it's called ? You, the BT, the Queen ? Or do its inhabitants determine its name ?
Anyway, surely nobody wants to see Londonderry City FC go to the wall ? We're all missing the point and I started it.
Posted by Yip | 04.11.09, 16:23 GMT
Londonderrys City Hotel.Well done Belfast Telegraph.YOu lot are pathetic.
Posted by garth | 04.11.09, 15:05 GMT
Because, Yip, the Telegraph is a proper newspaper that uses proper and official names; 'Derry City FC' and 'Londonderry' the city.
Posted by Irish league fan | 04.11.09, 14:01 GMT
When the article is about "Derry" City, why do you insist the City Hotel is in "Londonderry" ? I don't care what you call the place but it seems plain silly to use "Londonderry" in this context.
Posted by Yip | 04.11.09, 10:13 GMT