Thought I would cheer you all up
Tue Feb 23, 2010 10:29 pm
Just read football rumours found this -
23 Feb 2010 03:22:10
Truth About Cardiff City FC
Having worked at the club until fairly recent, I do have some knowledge about what is going on behind the scenes.
Here is what is happening:
The club are facing a 'shortfall of revenue' i.e. are £11m in debt. However, the club is not at risk of going into administration at the moment.
The Board have said that going into administration now would be the end of our promotion hopes, and whilst there is still a chance of promotion then it will not
happen.
On investment, the Malaysians are only interested in investing up to £4m. They only want a place on the board and, more importantly, want Steve Borley to take over from the 'hapless' Peter Ridsdale. Also, Ben Steele was just on an 'attention seeking' jolly and was never serious about buying us.
However, Ridsdale has an ace up his sleeve and will use it very soon. I know for a fact that he has had secret talks with an individual and these will advance come the close season. This deal suits Ridsdale as it includes:
£2 million for Ridsdale to quit the club
£35 million for a 100% takeover
£6 million invested in building the club up (academy/facilities)
plus a 'warchest' to enable a serious promotion bid next season.
Nobody else can/is offering that amount of money.
Expect to hear more in the close season..change will happen and Ridsdale will be gone (with quite a few others too, if I have heard correctly..)
NOT BULL, 100% TRUE!
made me smile anyway
Peter have you been posting on there at least u call yourself hapless It does sound like something only he could make up
23 Feb 2010 03:22:10
Truth About Cardiff City FC
Having worked at the club until fairly recent, I do have some knowledge about what is going on behind the scenes.
Here is what is happening:
The club are facing a 'shortfall of revenue' i.e. are £11m in debt. However, the club is not at risk of going into administration at the moment.
The Board have said that going into administration now would be the end of our promotion hopes, and whilst there is still a chance of promotion then it will not
happen.
On investment, the Malaysians are only interested in investing up to £4m. They only want a place on the board and, more importantly, want Steve Borley to take over from the 'hapless' Peter Ridsdale. Also, Ben Steele was just on an 'attention seeking' jolly and was never serious about buying us.
However, Ridsdale has an ace up his sleeve and will use it very soon. I know for a fact that he has had secret talks with an individual and these will advance come the close season. This deal suits Ridsdale as it includes:
£2 million for Ridsdale to quit the club
£35 million for a 100% takeover
£6 million invested in building the club up (academy/facilities)
plus a 'warchest' to enable a serious promotion bid next season.
Nobody else can/is offering that amount of money.
Expect to hear more in the close season..change will happen and Ridsdale will be gone (with quite a few others too, if I have heard correctly..)
NOT BULL, 100% TRUE!
made me smile anyway
Peter have you been posting on there at least u call yourself hapless It does sound like something only he could make up
Re: Thought I would cheer you all up
Tue Feb 23, 2010 10:31 pm
IF ONLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Re: Thought I would cheer you all up
Tue Feb 23, 2010 10:47 pm
It certainly brought a smile
Re: Thought I would cheer you all up
Wed Feb 24, 2010 1:32 am
Ha, God yes please.
Re: Thought I would cheer you all up
Wed Feb 24, 2010 1:45 am
that is like every fans dream 
.......lets hope its true eh 
.......lets hope its true eh
Re: Thought I would cheer you all up
Wed Feb 24, 2010 3:25 am
And pigs will fly.
SLEEPLESS IN CANTON
SLEEPLESS IN CANTON