JUST A QUESTION and OPINIONS PLEASE

Do you think Our Club Cardiff City would of been better of going into Administration at the end of last season and therefore clearing Nearly £43 Million worth of Debt including Langston and then starting all over again ?

OPINIONS Please

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Annis - Keith put some informative replies on my poll earlier.

viewtopic.php?f=2&t=17035

whoops - sorry NJ73! didnt realise was same link!

Cheers Both

Yes i do, as ive said before id rather have a shit team to watch than no team at all.


Then all the dust can settle and the club can rebuild from the foundations....

Thing is I think we would then have to find new investors as TG is a director he cant buy the club (is that correct)

Thing is I think we would then have to find new investors as TG is a director he cant buy the club (is that correct)

No idea 2blue, i cant imagine somebody throwing 6 million down the toilet tho

My last one went missing.

The debt is probably less than this if you take Sam's debt as £10m rather than £24m, and allow for the £3m of debt/equity swap which is available to the club with PMG, Isaacs and Borley.

Nearer £25m in this case.

Otherwise we would have been looking at £52m of debt prior to the Malaysians involvement which would have been too much even for them surely.

My last one went missing.

The debt is probably less than this if you take Sam's debt as £10m rather than £24m, and allow for the £3m of debt/equity swap which is available to the club with PMG, Isaacs and Borley.

Nearer £25m in this case.

Otherwise we would have been looking at £52m of debt prior to the Malaysians involvement which would have been too much even for them surely.

Very true mate, but does this mean that the initial investment was made knowing that the debts would half? In that case the malaysians are getting a bargain. Or will get in this case scenario?