A forum for all things Cardiff City
Fri Feb 26, 2010 11:36 pm
that ressures me a little is..
Our 2 biggest debtors are
Sam - who is sorted for the next few years provided he gets a relativley modest payment.
PMG - they are getting paid back via the prem club (money which would really help our TEAM nevertheless), I've been told this not just by the EGM info, but by others too. Their only worry is administration through other creditors pulling the plug.
SO in reality its not the £20m that these 2 we have to worry about.
HOWEVER the ongoing wage bill and associated PAYE costs, PLUS other stadium and footy related creditors ARE a worry as I cant see where the money is coming from to pay them.
Sat Feb 27, 2010 12:32 am
The thing that worries me the most is:
1. We seemed to have sold off / given away most of our income streams (i.e can now never be a self sufficient club)
2. The board seem to pay themselves first and consider our debtors an inconvenience rather than an obligation
3. The board blatantly lie and device fans taking advantage of our blind loyalty (Trust in the board is completely destroyed)
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