2010 WCQ: Group C: CR-ES-Hai-Sur[r]

Discussion in 'CONCACAF' started by MoRado, Jun 22, 2008.

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  1. evangel

    evangel Member+

    Apr 12, 2007
    Well, most Central American countries can't claim to have been consistent in the UNCAF Nations Cup. Costa Rica has complete dominance in that competition.
     
  2. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia


    Then let me ask you this why would Digicel misrepresent the amount of sponsorship dollars they've committed to Haiti?:rolleyes: What do they stand to gain by that? They wont give you just a million dollars to run all football teams in Haiti. Thats absolutely absurd.
     
  3. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia

    You missed the point. You have not won any titles in your region and there is a reason for that. It aint about consistency. Haiti was in the same boat until 2007 when they won their first CFU title (equivalent of UNCAF in our region) and look what happened in WCQ this cycle. Its not about consistency but its about producing better quality players and teams and ES isnt better and probably will never be better than Honduras or Costa Rica. I even think that Guate and Panama has better players than ES.
     
  4. pace8

    pace8 Member

    Aug 17, 2006
    Miami and Montreal
    Club:
    Montreal Impact
    Nat'l Team:
    Haiti
    Your statement although honest shows how much you don't understand how bad the money issue is in Haiti. 1 million dollars for haitian football is alotttt. Alot compared to what we had in the past. What does Digicel have to gain? Well crazy exposure. Digicel is everywhere in Haiti...stadiums, balls, jerseys. Haiti has been doing better on the international stage since that sponsorship ( u-17 world cup, very close to u-20 world cup, Carribean cup champs, and a couple of good showing in friendlies) but it takes alot more than that to make it far in WCQ. I must say I failed to mention that we did get some revenue from friendly matches but the primary source of income is from digicel and the part that goes to the NT is about 10 000$ US a month. The rest goes to the league. Very difficult to compete with teams like Jamaica that have a budget that is 20 times bigger.
     
  5. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia


    Are you serious? The JFF is in the red heavily so how can they be making a profit on matches? Do you even know that money is still owed to England for the friendly match played in '06. Again Im not sure where you keep getting your facts but the federation itself isnt making a profit. Corporate Jamaica is what has been keeping the campaign afloat.

    This is where Boxhill screwed up while being the previous federation president.


    FF in dire $ straits
    published: Sunday | February 13, 2005

    Paul-Andre Walker, Staff Reporter


    BOXHILL

    THE JAMAICA Football Federation's (JFF) annual general meeting (AGM) at the Jamaica Crest Hotel in Fairy Hill, Portland should see the raising of eyebrows today as the organisation is, for all intents and purposes, broke.

    The meeting is scheduled to have a segment that includes the submission of a balance sheet, along with a receipts and expenditure account from the limited liability company.

    According to JFF financial statements and documents, which reached The Gleaner, in 2002, the JFF had a healthy asset count of $65 million, as it managed a net surplus of just more than $5 million.

    However, the seeds of the current indebtedness had already begun to be sown as in 2001, it had made a surplus of almost $19 million, showing 2002 as a bad year in terms of profits.

    That loss has accelerated and as at Decem-ber 31, 2003, according to audited figures, the JFF recorded a net loss of $32.7 million.

    In that year, the JFF company made $197 million, but spent $230 million under the title 'operating expenses', yet only $12 million of that was accounted for as salaries and wages in the audited report by JPMG Peat Marwick.

    Since that time, the JFF has changed administration, but found even more problems.

    Things took a turn for the worse after the national teams failed to qualify for all major international competitions, including the 2006 World Cup in Germany, cutting off anticipated income from sponsors.

    BANK OVERDRAFT

    As at December 31, 2004, the JFF racked up a bank overdraft of $15.9 million and a long line of creditors and accruals, amounting to about $13.8 million. The company's trade creditors amount to $10.2 million, and there is still the matter of the $14.7 million payment due to former president Captain Horace Burrell.

    To highlight the problems, current president Crenston Boxhill has also become a creditor of the institution, having loaned $637,083.34.

    In total, the JFF's debt has risen to what must be an unprecedented $55.3 million.

    The working capital deficit included in the above liabilities amounts to about $31.2 million, which is an increase from the $27.6 million that was present when Boxhill took over the reins of the JFF.

    That situation has occured partly because the day-to-day functioning of the institution exceeds the funding that the company receives from the Sports Development Foundation (SDF), Federation of Inter-national Football Associations (FIFA) and its major long-term sponsors Wray and Nephew.

    Those funds account for about a third of the JFF's expenses, including the servicing of debt.

    Salaries and wages are the largest contributing factor to the JFF's expenses, with the exception of the cost of accomodation and transportation of the teams and officials to the various international games.

    TO REVIEW RECOMMENDATION

    At today's general meeting it is expected that the finance committee's recommendation to sell the offices of the JFF might be a topic of the 'other businesses' segment of the meeting.

    The finance committee, chaired by managing director of Mayberry Investments, Chris Berry, had made the recommendation as a means to ease the debt problem, while creating new plans to increase the profitability of the organisation.

    In speaking to Boxhill, it became apparent that the JFF's financial problems won't go away anytime soon.

    "The initiatives aren't expected to generate increased revenues for the next 12-18 months," the JFF boss explained.

    In lieu of having to cut costs, while attempting to rebound, the JFF has already made staff cuts with others scheduled to follow next month.

    In the meantime, JFF secretary Carlton Barclay has explained that the funding received from the SDF and other major long-term sponsors will be enough to take care of the day-to-day running of the organisation, if the debt is dealt with by the sale of the building.

    However, Barclay was tight-lipped about the plans surrounding the sale of the building saying: "I am putting something comprehensive together regarding the plan, and it will be made public when it is completed," he said.

    The finance committee is comprised of chairman Berry; Ian Neita, vice-president of Cable and Wireless; Mark Hart, Hart Group of Companies; Earl Jarrett, president, Jamaica National Building Society (JNBS); Ann Shirley, business consultant, and Allan Lewis, financial consultant, JMMB.

    Today's agenda includes: the president's report; general secretary's report; submission of balance sheet, receipts and expenditure account; vote and approval of the accounts; admission and/or resignation of minor affiliates; consideration and proposal for alteration of the articles of association by-laws or regulations; reappointment of auditors to examine and certify the accounts of the JFF; questions from member parish associations submitted in writing; and any other business.


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    http://www.jamaica-gleaner.com/gleaner/20050213/sports/sports1.html
     
  6. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia
    Yet another excuse. Dont you ever get tired man? You collected some money for winning your first ever Caribbean Cup title, Digicel gave you a multimmillion dollar multi year deal sponsorship plus you got gate receipts from the games you played and your showing at the Gold Cup last year. Whether Corporate Haiti comes out and help sponsor your football team isnt an excuse for your failure and your team not scoring goals. That is down to quality or lack there of and nothing else. Simply put Haiti was garbage in the semifinal round. The ironic thing in this whole argument is that when you were playing decent football and won the CFU cup and building your youth teams U-17, U-20, U-23 you werent complaining about lack of money but now that you've been losing games all of a sudden money becomes an issue.:rolleyes:
     
  7. pace8

    pace8 Member

    Aug 17, 2006
    Miami and Montreal
    Club:
    Montreal Impact
    Nat'l Team:
    Haiti
    Euhhh actually we have been complaining about lack of money for a while now. When the U-17s were in Korea for the world cup, they were missing money for basic stuff. When we were playing the digicel cup, we had huge money issues. Some of the ''richer'' players had to pay for some things for the team. Money has always been an issue. I showed you a link directly pointing to Digicel's website saying they are giving us 1 million dollars but you don't want to believe it lol. You want to call it excuses...ok they are excuses lol...but those are all facts and you know it...just won't admit. Again...don't take this forum too seriously..its just the internet...its ok to be wrong sometimes ;)
     
  8. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia
    I guess not getting enough money = your strikers not being able to put the ball in the net. :eek:

    Better yet conceding 7-0 and 8-0 defeats is also because of lack of money too.:rolleyes:
     
  9. pace8

    pace8 Member

    Aug 17, 2006
    Miami and Montreal
    Club:
    Montreal Impact
    Nat'l Team:
    Haiti

    Hahaha, whats your point? Who ever said a budget has to turn in profit? I asked you what the BUDGET of the JFF was and you failed to tell me. I found a source that said that the budget was of about 18 million US. Now I dont care if you owe England or Australia or Zimbabwe....the fact is , that is the money you have available. What Jamaica does with that money and how it is managed is not the point. The point is you have an operating budget of 18 millions US. Facts are facts. Now what excuse are you going to come up with this time?:rolleyes:
     
  10. Warlord

    Warlord New Member

    Jun 8, 2005
    District of Columbia

    dont change your story son. You said the JFF made money from Costa Rica game and to a lesser extent the games against Guatemala and El Salvador. My article clearly states that they're not making any money because their debts supercedes their income. That means that theyre in the red from the previous administrators which is still the case today because they havent yet paid off those debts and are operating on a huge deficit.

    The money allocated for the Jamaica's WC team isnt coming from the federation as you also suggested but from Corporate Jamaica. Dont hate because theyre companies willing to invest in the campaign. You have your sponsors too;)
     
  11. MoRado

    MoRado New Member

    Feb 6, 2004
    San José. Costa Rica
    Club:
    Deportivo Saprissa
    Nat'l Team:
    Costa Rica
    its time to close this thread...
     

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