Cardiff City Forum



A forum for all things Cardiff City

Who in their right mind

Sun Jul 04, 2010 12:25 pm

Would invest in us at the moment.

We owe money everywhere.
Sam
PMG
Caymen islands (Is that Ray Ransons mob)
Numereous Contractors
The players are mortgaged out.
Ridders payoff, someone posted that we still are paying 500k a year for 2 years for consultancy.
The list goes on and on,
Talk about gross missmanagement by all, if this was a shop or a manufacturing company it would have gone years ago (oh I forgot we are a manufactureing company. We manufacture incompetance debt and heartache)
We have a very very limited Income stream. Season ticket money all gone, Ground facilities sub contracted out and all the income we had spent.
The day to day running of the club including wages is massive, with the income we have, we proberbly cannot cover the tax bill never mind the actual pay.
We have had Buckets of money from Transfers, Wembley 3 times, increased attendance, tv, etc, so where has it gone !!!!!!
If someone was to come in with say 12 mill, to bail us out and get through this season, they would never get it back.

With all this the only realistic option is admin and start again, nobody is going to take us over completely with all the debt adn baggage we have

Re: Who in their right mind

Sun Jul 04, 2010 1:02 pm

But always look on the bright side life,da da da da. :P

Re: Who in their right mind

Sun Jul 04, 2010 1:28 pm

du du du du du