A forum for all things Cardiff City
Sun Feb 21, 2010 6:45 pm
very interesting, thanks
Sun Feb 21, 2010 6:51 pm
very good blog that one.
Sun Feb 21, 2010 6:59 pm
Thanks for that.... very interesting.
Sun Feb 21, 2010 7:02 pm
Cheers, lads.
Notice (as you undoubtedly have) how many of them are closely linked. Property developers, surveyors, solicitors, engineers, office designers, etc etc.
Imagine how much work this lot have done together over the years and how much money they've made for each other.
Sun Feb 21, 2010 7:15 pm
He was at the last AGM.
Sun Feb 21, 2010 7:17 pm
The Lone Gunman wrote:He was at the last AGM.
It would be intresting to see what he has to say when several members try to vote for a no confidence in our chairman...
Sun Feb 21, 2010 7:28 pm
The Lone Gunman wrote:Cheers, lads.
Notice (as you undoubtedly have) how many of them are closely linked. Property developers, surveyors, solicitors, engineers, office designers, etc etc.
Imagine how much work this lot have done together over the years and how much money they've made for each other.
Whilst Risdsale is the Chairman, the 'Board' have had ample opportunity to keep his extravagances in check. That they chose -and continue to choose not to, says a lot about their intentions.
Our league gates in the past 5 years have increased by 40%. We have received around £30 million in transfers. Yet the acconts still show increasing losses.
There really has to be only one outcome of this utter disaster [excluding the unlikely possibility of promotion]. I think all realise that there isn't going to be any investor. They will fight tooth and nail -and leave Risdsale to handle matters- to avoid administration for as long as is practically possible. And here's the rub. Until then, they will take as much out of the club as they can, through transfers, bonuses, share capitalization, so any losses via administration are mitigated, and then go for administration.
It hasn't been only Risdsale doing nicely out of CCFC.
Sun Feb 21, 2010 9:42 pm
is it me or does it look like the board are giving away chunks of our club for services rendered,
its also alarming to see the closeness between the heads of theses companies (bit of back scratching going on i think)
the blog also shows us the actual value of our club being around 6.5 million, if my calculations are right
Sun Feb 21, 2010 9:43 pm
Cheers TLG, I will have a Good Read.
Sun Feb 21, 2010 11:23 pm
Nice one tlg, that was one of the best pieces I have read about the situation.
The thing that flies off the page is "jobs for the boys" slot of people hiding from behind pr!
Stinks really don't it? Pigs in a troff,
Mon Feb 22, 2010 12:02 am
A transparant robust carve up they call that.
Mon Feb 22, 2010 11:09 am
The Lone Gunman wrote:Cheers, lads.
Notice (as you undoubtedly have) how many of them are closely linked. Property developers, surveyors, solicitors, engineers, office designers, etc etc.
Imagine how much work this lot have done together over the years and how much money they've made for each other.
Can we in any way use that to our advantage?
Mon Feb 22, 2010 11:24 am
great read
my conclusion all the parasites are in it together
Mon Feb 22, 2010 1:02 pm
A very informative post , certainly thought provoking , thanks TLG .
Mon Feb 22, 2010 6:35 pm
Thanks, lads.
Tony: I can't see any way to use the way in which so many of the shareholders are so closely linked to our advantage. Indeed, it is something that clearly works against us.
Mon Feb 22, 2010 8:39 pm
Quality read! The plot thickens..
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