| (No subject) (n/t) on 21:15 - Mar 10 with 867 views | Boundy |
| (No subject) (n/t) on 20:32 - Mar 10 by bennytheblue |
Lol swim away…ok….I’ll swim to amartures, is there a nice beach there? |
I think he means the artifiical one down the "bay" |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Cardiff losses and debt on 21:24 - Mar 10 with 850 views | Boundy |
| Cardiff losses and debt on 11:04 - Mar 10 by Dr_Winston |
If someone owed me £1000 and only paid me back £50 I wouldn't be happy regardless of my situation. |
I belive the Clubs creditors unanimously agreed to a figure of 5p in the pound , I wouldn't have been happy either but it was that or nothing | |
| "In a free society, the State is the servant of the people—not the master." |
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| Cardiff losses and debt on 07:12 - Mar 11 with 793 views | SullutaCreturned |
| Cardiff losses and debt on 19:50 - Mar 10 by bennytheblue |
Well, they’ve got one example joe Ralls and it’s wrong so I have my doubts about that site. He’s on about £15k a week. |
Well all the clubs are subject to the same rights and wrongs I guess, they may have overestimated our wages bill too. | | | |
| Cardiff losses and debt on 08:10 - Mar 11 with 778 views | bennytheblue |
| Cardiff losses and debt on 21:24 - Mar 10 by Boundy |
I belive the Clubs creditors unanimously agreed to a figure of 5p in the pound , I wouldn't have been happy either but it was that or nothing |
Clubs would go under back then for what seems like pennies now, Newport 200k wasn’t it? You lot about 300 was it? I guess you could add a zero to that in todays money. |  | | |
| Cardiff losses and debt on 13:31 - Mar 11 with 732 views | SullutaCreturned |
| Cardiff losses and debt on 08:10 - Mar 11 by bennytheblue |
Clubs would go under back then for what seems like pennies now, Newport 200k wasn’t it? You lot about 300 was it? I guess you could add a zero to that in todays money. |
back in the day a club would never be allowed to run up debts as high as today.
350 million at Brighton, Mancs 500 million. It's lunacy. What if Sky had financial problems and couldn't pay out? The premier league clubs have massive incomes but only because of Sky, football should never have been allowed to get into this position, one day it could all go pear shaped. | | | |
| Cardiff losses and debt on 15:07 - Mar 11 with 686 views | bennytheblue |
| Cardiff losses and debt on 13:31 - Mar 11 by SullutaCreturned |
back in the day a club would never be allowed to run up debts as high as today.
350 million at Brighton, Mancs 500 million. It's lunacy. What if Sky had financial problems and couldn't pay out? The premier league clubs have massive incomes but only because of Sky, football should never have been allowed to get into this position, one day it could all go pear shaped. |
That moshiri bloke reckons he sunk almost a billion into Everton, Bournemouth on 12,000 crowds how is that ever sustainable? Most PL clubs probably have a wage bill of at least 100 million now so it’s a dicey game for all the clubs from about 10th down nowadays. Burnley seem to have adjusted well….not many do | | | |
| Cardiff losses and debt on 16:30 - Mar 11 with 663 views | BryanSwan |
| Cardiff losses and debt on 15:07 - Mar 11 by bennytheblue |
That moshiri bloke reckons he sunk almost a billion into Everton, Bournemouth on 12,000 crowds how is that ever sustainable? Most PL clubs probably have a wage bill of at least 100 million now so it’s a dicey game for all the clubs from about 10th down nowadays. Burnley seem to have adjusted well….not many do |
Burnley had somewhere between 50m to 100m worth of debt before relegation and were desperate to refinance their loans. I cant envisage their situation has improved much given the playing squad retained and added to.
Not that it matters nowadays FFP is a mess, a majority of the football league are in debt. They aren't in the real world. | |
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| Cardiff losses and debt on 18:06 - Mar 11 with 617 views | KeithHaynes |
| Cardiff losses and debt on 16:30 - Mar 11 by BryanSwan |
Burnley had somewhere between 50m to 100m worth of debt before relegation and were desperate to refinance their loans. I cant envisage their situation has improved much given the playing squad retained and added to.
Not that it matters nowadays FFP is a mess, a majority of the football league are in debt. They aren't in the real world. |
I’m certain I read they paid off the loans. |  |
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| Cardiff losses and debt on 22:09 - Mar 11 with 564 views | Badlands |
| Cardiff losses and debt on 18:24 - Mar 9 by SullutaCreturned |
They owe 80% of their debt to Tan. He may convert more debt to equity or he may carry on getting his money back via interest but if they carry on their current trajectory it doesn't look good.
That's something our owners also need to understand, at some point when the squad needs strengthening you have to take the gamble or the outcome can be as devastating as spending too much. It's a fine line to tread but you cannot always rely on youth and bargain basement buys. |
If they look to Cardiff they will see 'the gamble' really doesn’t work and could lead mindboggling debt. |  |
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| Cardiff losses and debt on 14:10 - Mar 12 with 483 views | SullutaCreturned |
| Cardiff losses and debt on 22:09 - Mar 11 by Badlands |
If they look to Cardiff they will see 'the gamble' really doesn’t work and could lead mindboggling debt. |
Cardiff didn't gamble, they didn't spend big when in the EPL, their big problem is they have been very badly run.
The "gamble" doesn't have to be massive, it can be measured. Right now keeping Martin as our manager is much more of a gamble.
Cardiff's mind boggling debt has come as a result of years of poor management, years of paying too much in wages for players not good enough, quite different to a small gamble on boosting the squad for a promotion push. | | | |
| Cardiff losses and debt on 14:39 - Mar 12 with 477 views | Dr_Winston |
| Cardiff losses and debt on 14:10 - Mar 12 by SullutaCreturned |
Cardiff didn't gamble, they didn't spend big when in the EPL, their big problem is they have been very badly run.
The "gamble" doesn't have to be massive, it can be measured. Right now keeping Martin as our manager is much more of a gamble.
Cardiff's mind boggling debt has come as a result of years of poor management, years of paying too much in wages for players not good enough, quite different to a small gamble on boosting the squad for a promotion push. |
A gamble is a gamble. If the club needs to find £5-10m every year just to plug a deficit then spending an additional, similar amount when there are absolutely no guarantees that things will improve would be just as stupid as Cardiff's approach. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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