29 thoughts on “De Wednesday Papers

  1. realPolithicks

    I’m guessing there will be a lot of “interesting” revelations to come from the investigation of the fai.

    1. eoin

      At this stage, it might just be the auditors Deloitte covering themselves about the €100,000 loan which probably should have been disclosed in a note to the 2017 accounts (it didn’t affect the accounts themselves as the loan was repaid by June 2017 and wasn’t outstanding at the balance sheet date of December 2017). If it’s just that, it is the most minor of accounting faux paux. However, for a €50m organisation to be so flying-by-the-seat-of-its-pants to need a €100,000 short term loan, I’d be worried about the accounting for liabilities, and the FAI has huge liabilities in bank loans and creditors.

      Beyond that. John Delaney remains in clover, he’s being paid €1k a day for doing nothing, he still has the UEFA gig which will probably be expanded and if I know John, he’ll be schmoozing FIFA like a Ronaldo in a Las Vegas nightclub.Also, what about the pay-off? Do I hear €3m at the back of the room Sir?

      1. eoin

        And why is Sport Ireland getting off scot-free? Didn’t SPort Ireland hand over €700,000 to the FAI “at the end of March 2019”, over a week after the Mark Tighe article about the €100,000 loan and a month after the Sunday Times first raised the loan with the FAI. Sport Ireland gave our money away without any proper answer for the loan. The Sport Ireland board should be dropkicked for giving 25% of the 2019 allocation to the FAI after the story.

      2. dav

        Why did it take deloitte soo long to report their findings, they are on a par with the auditors of the irish banks before the last crash.

    1. Janet, I ate my avatar

      now some real enforced legislation for rental properties and half the housing would be eased

      1. Cian

        Real enforced legislation and half the landlords would sell up. supply and demand: you would have a dip in property prices (for owner-occupiers) and a hike in rental prices (for tenants).

        1. Janet, I ate my avatar

          well a dip in property prices would not be so bad for first time buyers
          and if you aren’t getting what you want for your house you may decide to hang in renting after all,
          enforced legislation would maybe rock the boat initially but long term would have positive effect

        2. SOQ

          Any landlord who has to rely on cash in hand, meaning tax avoidance with the current prices shouldn’t be in the ‘market’.

          Enough of the poor mouth.

    2. MaryLou's ArmaLite

      It is a terrible pity Airbnb is being scapegoated for the lack of building in our cities

      1. millie st murderlark

        Agreed. Airbnb is still a factor, mind you, but it’s far from the big bad wolf.

        A systematic inability to govern effectively is the greater one.

      2. Janet, I ate my avatar

        it turned neighborhoods in Paris into shells,locals couldn’t afford to live in the Marais anymore, legislation is just to stop a good idea being abused through greed, humans can’t seem to do that themselves

      3. Rep

        Amazing that Airbnb is being scapegoated not just here but also in the likes of Amsterdam, Paris, Barcelona, Berlin and New York.

        1. martco

          not really @Rep
          Airbnb are part of the problem & most definitely not part of the solution
          a legitimate target for criticism

          1. Rep

            tbf, I was being sarcastic at the idea that they are being scapegoated for other reason. They are very obviously part of the problem, or at least, airbnb without legislation is part of the problem.

        2. Paddy Apathy

          Absolutely Martco, if Amsterdam, Paris, Barcelona, Berlin, New York, Dublin etc etc are all having problems it’s not just a scapegoat, Airbnb are adding to/causing the problem.

        3. Junkface

          Like a lot of online social media brands worth Billions. Air B&B jumped into a market like Housing, worldwide without understanding the delicate balance each city has with adapting new rental homes and taking care of their own rental markets, as well as keeping their housing market from becoming a bubble. Civics and ecosystems, seem to be something that they overlooked in their primary goal which was to connect potential short term rental customers to property owners, or lease holders. Air BnB has definitely made housing crises a good bit worse in all major cities, how could it not? It disrupted the market.

      4. GiggidyGoo

        Agreed.
        Airbnb developed (in Ireland anyway) due to the high costs of hotel, b&b and the existing self-catering trades, and the willingness of people to become entrepreneurs and make an income out of their assets.

        If Airbnb operators end up being forced to close due to legislation directed towards them, and decide not to make the accommodation available on the normal rental market (Cians point about it not being worth it), then tourism becomes affected for instance, and no benefits come anyway to the state.

        1. Cian

          I agree that tourism will be affected.

          It would be strange for someone to leave a house/apartment empty just because they can’t AirBnB it and don’t want to rent it – especially if they have any mortgage on it. I would think they are most likely to sell up and let either another landlord rent it (or sell to an owner-occupier). This would mean the property that was for ‘tourists only’ now is available to ‘locals’ – helping ease the market.

          Leaving it empty would only make sense if they have some other short-term plan for it (like a child about to go to college/or family needing it, or if they suspect the legislation isn’t constitutional and would be reversed soon).

          One last thought, we have homeless living in B&Bs; and tourists living in homes. If the AirBnB was cracked down, perhaps the extra accommodation could remove the homeless from B&Bs…. and make them available to tourists?

          *My point was actually about landlords leaving if the current rental standards were enforced.

  2. eoin

    For anyone keeping track, we’re to have yet another Tribunal, the latest one “will hear claims arising from the CervicalCheck controversy.”

    Between inquiries, commissions of investigation and tribunals, it’s a wonder anyone can get a solicitor or barrister to do any work at all.

    Every single one of these is needed because of failings in state institutions which are all answerable to elected politicians, and particularly the government. Well done FG.

  3. eoin

    Limerick solicitor and transparency expert Rossa McMahon says Regina Doherty’s dept of social protection has broken the law

    This from the Times Ireland

    ““A DPO [data protection officer] cannot perform duties that result in a conflict of interest. If the head of the data controller unit [in the Dept of Social Protection] has also been nominated as the new DPO of the department, then I cannot see how that would be in compliance with GDPR [the EU’s General Data Protection Regulation, which became law last May].””

  4. eoin

    Oh no, what is this, the campaign to get the taxpayer to stump up for a new cancer drug (which in other countries is not funded by the public system after independent cost/benefit analyses) is running onto the rocks.

    Apart from the VHI, no private healthcare provider in Ireland is funding the new drug championed by the Sunday Business Post and other “influencers”

    https://www.irishtimes.com/news/health/rivals-have-no-plans-to-follow-vhi-s-decision-on-cancer-drugs-1.3861304

    This is disgraceful, time was, if you were a pharma company and you go to all the trouble of discounting your drug to one healthcare provider (in the private sector, boo hiss) which sows discord with the patients of other healthcare providers and you have influencers to whom you’ve lavished gifts coming on the media to promote the drug and you even snap a couple of slots on the biggest news and current affairs programmes in the country, and then, you sit back and expect a public outcry, leaders questions in the Dail, protests outside Leinster House and the public system would be blackmailed into funding your drug, and bonuses all round. But to put in all that effort and to see the whole thing fizzles out because domestic healthcare providers, even other private sector ones, say your drug isn’t justified on cost/benefit grounds, it’s just fupping disgraceful.
    What a world, what a world!

    1. Cian

      Hurrah! The system works!

      The HSE is choosing not to pay for a new expensive drug as it isn’t better than the existing (cheaper) drug.

Comments are closed.

Broadsheet.ie