A forum for all things Cardiff City
Wed Mar 10, 2010 6:04 pm
While We are £30 Million in Debt and PR is still employed by Our Club.
I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.
Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.
WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?
Wed Mar 10, 2010 6:08 pm
We are not a viable option at this time, there is too much debt around our club for anyone to buy us, I agree with you it really is PROMOTION OR BUST.
Ridsdale this is the situation you found yourself in at Leeds, except swap promotion for Top 4 finish in Premiership.
Wed Mar 10, 2010 6:19 pm
I knew no1 would buy us out right from the start but... theres still time but i really doubt it
Wed Mar 10, 2010 6:55 pm
No-one in their right mind is gong to come in and bail out £30 million of debt as well as buying the major shareholders out. If Guy etc were willing to do a deal then it would make it slightly more feasible, but they are hardly going to write off millions of pounds.
Anyone have a breakdown of what percentages of the shares they all hold?
Wed Mar 10, 2010 7:08 pm
Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.
I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.
Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.
WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?
Of course they wont, only an idiot would buy us. I still believe and hope that admin gets us as I think its our only hope of survival.
Wed Mar 10, 2010 7:45 pm
Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.
I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.
Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.
WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?
Nor do I, I bet Sam's arse is twitching too, Administration looks a dead cert, unless we make and win the playoffs.
But if McPhail and Joe and Hudson get back quick you never know the tide could turn ?????
Wed Mar 10, 2010 9:00 pm
Bluebina wrote:Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.
I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.
Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.
WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?
Nor do I, I bet Sam's arse is twitching too, Administration looks a dead cert, unless we make and win the playoffs.
But if McPhail and Joe and Hudson get back quick you never know the tide could turn ?????
All I will say is Sams been on the phone twice day lately from Lebanon.
Wed Mar 10, 2010 9:05 pm
I agree it's either promotion or administration.
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