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Trust meetng out come

Fri Jul 02, 2010 5:44 pm

its on the other message board

Re: Trust meetng out come

Fri Jul 02, 2010 5:46 pm

Trust Board members Tim Hartley and Mike Roderick met with the club's Chief Executive Gethin Jenkins this afternoon following the media speculation about the future of the club.

We sought clarity on the debt to Langston and were told that the agreement to repay £10 million in instalments is still in place. This agreement requires Cardiff City Football Club to make monthly payments to Langston. We were assured that every such payment has been made and that those payments will continue to be made until any new arrangement for the repayment of the debt is agreed. Talks are envisaged with Langston and other creditors as the club deals with outstanding debts. All players and staff at the club have been paid this month. There was a slight delay in this month's payroll as certain international transactions can be problematic. The club will try to ensure that there are no such delays in the future.

Peter Ridsdale has a short term consultancy agreement and is available as and when required. The transfer of Michael Chopra was always subject to a series of staged payments and the club are looking at options to finalise payments with Sunderland.

The club apologises for any inconvenience caused by the cancellation of the pre-season tour to Malaysia. This was done due to problems with the logistics and the timings and was in no way a reflection of the facilities on offer in Malaysia. Two supporters who had already booked flights to Malaysia have contacted the club and have been invited to meet with the club. Other supporters who are in a similar position are welcome to contact the club but they say they are not in a position to offer any financial assistance.

The tone of the meeting was open and friendly and I would like to think that the Trust now has a genuine dialogue with the club's officials. TG's open letter to us helped clear the air. It is important now that we are not distracted and ensure stability and support for the club as we head towards another season.


copied over

Re: Trust meetng out come

Fri Jul 02, 2010 5:52 pm

Pathetic they didn't post on here themselves.

Re: Trust meetng out come

Fri Jul 02, 2010 6:23 pm

stickywicket wrote:Pathetic they didn't post on here themselves.


No need for that.
Its good news surely.

Re: Trust meetng out come

Fri Jul 02, 2010 6:30 pm

It's good news for some, but not for the many fans who have lost money, myself included. No compensation either whole or part to be considered.This decision passed to staff by CEO.

Re: Trust meetng out come

Fri Jul 02, 2010 6:33 pm

I couldnt even get a refund that was promised by the club for our called off Blackpool trip so I didnt think they would be refunding this to be honest.

Re: Trust meetng out come

Fri Jul 02, 2010 6:37 pm

To be honest with you it looks no different from any other write up following a meeting between the trust and the club. Everything is fine and dandy, tax bill has been paid, etc, etc.

Re: Trust meetng out come

Fri Jul 02, 2010 6:44 pm

They have said I can go to the club, but to do what CEO wont get involved, he just says no compensation and in my opinion treats fans with sheer contempt. Why do I have to go to club, they were the ones that confirmed the tour dates to me, and if its not compensation why should I go, what is the point!
This is a man that is launching a marketing campaign that according to him will be reaching out to the fans in Cardiff and the Valleys. Well Gethin don't reach my way its too far from your desk behind your locked door.
Tell me as a matter of interest what are your strengths its not public relations, its not football contractual matters, its not marketing as you have killed that off in Malaysia. Finance? no we have appointed a specialist on that front.

Come on Gethin tell us !!

Re: Trust meetng out come

Fri Jul 02, 2010 7:31 pm

.