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BULUT: January transfer business restricted by EFL, BBC

Sun Feb 04, 2024 11:50 am

Manager Erol Bulut says financial constraints heavily restricted Cardiff City's business during the January transfer window.

Nat Phillips, Famara Diedhiou, Josh Wilson-Esbrand, Ethan Horvath and David Turnbull all joined the Bluebirds in the final days of the winter market.

But some fans criticised the Championship club's transfer activity.

"We have to speak a little bit differently about transfers generally," said Bulut.

"I follow a little bit of social media and my guys bring me news about social media.

"Some are complaining about Diedhiou, that we could have done a 'better one'.

"We can't forget the limits of the EFL and what we can spend.

"I was working for the last two months like crazy with my team to watch players and get good players in.

"You can only do with what budget you have. When the EFL says we only have £10 to spend we have to use £10 and not £35.

"We're also discussing it with the board who are working hard on it to open the limit for us to get some transfers.

"Some fans who are writing on social media don't understand this well. It's not so easy."

The Bluebirds were able to pay fees for players during the January window for the first time since 2022, having previously been under a transfer embargo for defaulting on payment of the transfer fee for the late Emiliano Sala.

Their transfer ban was reduced from three windows to two last summer.

It meant they were able to spend money to bring in midfielder Turnbull from Celtic and goalkeeper Horvath from Nottingham Forest on deadline day.

The Bluebirds also explored the option of re-signing striker Kieffer Moore from Bournemouth, although the Wales forward joined Championship rivals Ipswich Town on loan.

But Bulut hopes Diedhiou can reignite his career during his loan spell at Cardiff City Stadium.

"Famara played in the Championship and scored 56 goals in four years. His statistics are good," added Bulut.

"He wants to show himself and to say 'I'm here' again and to push with us in the Championship.

"In the Turkish Süper Lig he scored 16 goals, which isn't easy.

"The last season in Granada was maybe not so good, but it is not an easy league. But now he has the possibility to show that he can score goals again for us."

https://www.bbc.co.uk/sport/football/68 ... Dv_rAIyGgs

Re: BULUT: January transfer business restricted by EFL, BBC

Sun Feb 04, 2024 12:00 pm

Clubs up and down the country had the same problem as us as the total amount spent in the entire window was way down.I blame Tan and Dalman. :lol:

Re: BULUT: January transfer business restricted by EFL, BBC

Sun Feb 04, 2024 12:24 pm

Sneggyblubird wrote:Clubs up and down the country had the same problem as us as the total amount spent in the entire window was way down.I blame Tan and Dalman. :lol:
They have the same problem hence why there was bugger all business done at most .I'm not sure ffp is a good thing for ambitious clubs .

Re: BULUT: January transfer business restricted by EFL, BBC

Sun Feb 04, 2024 2:06 pm

Isn't it a great change to have a manager who tells it like it is.

I do like Erol Bulit's straight talking.

No doubt he is restricted by FFP and the hierarchy but seems to be wise with a lot of deadwood out or out on loan (and this may improve the players in the future).

Think we will do ok in the second half of the season.

:bluebird: :bluescarf:

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 7:55 am

While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 9:57 am

oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 2:52 pm

Mr Ducie wrote:
oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

It's the insurance payment never came in .

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 3:00 pm

wez1927 wrote:
Mr Ducie wrote:
oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

It's the insurance payment never came in .


The insurance money would still be on the balance sheet under the accruals concept. That said if it didn’t physically get paid then Vincent Tan would have to pay out of his own pocket until the money was paid.

As it stands I’m satisfied it worked out well for the football club. The new signings have definitely helped and improved the squad and positivity around the squad

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 3:01 pm

Mr Ducie wrote:
wez1927 wrote:
Mr Ducie wrote:
oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

It's the insurance payment never came in .


The insurance money would still be on the balance sheet under the accruals concept. That said if it didn’t physically get paid then Vincent Tan would have to pay out of his own pocket until the money was recovered from the company.

As it stands I’m satisfied it worked out well for the football club. The new signings have definitely helped and improved the squad and positivity around the team

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 6:14 pm

wez1927 wrote:
Mr Ducie wrote:
oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

It's the insurance payment never came in .


What do you mean it never came in??

I find it hard to believe an insurance company would admit liability then just not pay out?

Re: BULUT: January transfer business restricted by EFL, BBC

Mon Feb 05, 2024 7:53 pm

oohahhPaulMillar wrote:
wez1927 wrote:
Mr Ducie wrote:
oohahhPaulMillar wrote:While we might not like the restrictions ffp make on our club I think everyone on here is aware that there really is no way around them and little we can do about it

What was concerning was that is appears our total budget was cut drastically in the last few days of the window presumably because of these ffp restrictions

It seemed to come as a surprise to Bulut and possibly our heirachy

The question is why didn’t they realise this at the beginning of the transfer market it didn’t suddenly creep up on them, it would always have been there?


In reply to your last comment, perhaps there was a provision on the balance sheet that didn’t materialise in time ( could be anything from an historic transfer instalment, insurance company payment etc ) and that may have been the reason why the expenditure was realigned.

Bulut did say he would go again in the summer , so that’s my reasoning on this point. Whatever the financial adjustment was will be rectified by the next window.

It's the insurance payment never came in .


What do you mean it never came in??

I find it hard to believe an insurance company would admit liability then just not pay out?

Not in time for window , insurance companies not exactly known for paying up quickly are they .