A forum for all things Cardiff City
Wed Mar 10, 2010 8:38 pm
Report in the independent suggests bottom team in the premiership gets about £25m in tv and prize money.
If we pay off Ridsdale (£9.5m) and PMG (7.5m) to avoid future interest charges and pay off the stadium creditors, borley and other director loans (say at least £6m). Plus staff and player bonuses and promotion wage increases. There isn't going to be any money to spend on transfer fees.
We will still have to budget to live within our means, although we can budget for two years of parachute payments at the very least.
Either way, promotion or administration someone needs to run the club properly.
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