Cardiff City Forum



A forum for all things Cardiff City

Re: Stadium Ownership

Tue Jan 22, 2013 8:23 pm

exactly equity :thumbup: :malky: :ayatollah:

Re: Stadium Ownership

Tue Jan 22, 2013 8:36 pm

jackf wrote:
wez1927 wrote:
jackf wrote:
wez1927 wrote:
nicetomichu wrote:All this stadium ownership BS.

Swans fans dont care that we do not own our stadium, infact we are quite happy the Council own it for both the Swans & the Ospreys we are glad that we dont have this financial burden of paying a mortgage on a stadium. maybe you guys wish that Cardiff City Council had financed yours.

You also use the 'but the jacks screwed over local business by going into administration' but it was also exactly 10 years ago we were bottom of the whole Football League which is a remarkable rise and our success now is providing a boost for local business and the local economy. We nearly went down the pan same as alot of clubs but lucky we had the right people to pull us out of it.

I dont know details of how much your club owes for the stadium or what your current debt is but from what i here its massive, I hope you manage to get out of it oneday but until then you can stop bragging about owning your own stadium.

Being a sustainable football club is much more important than success on the pitch in my opinion. I would rather Swansea City be debtfree in the Championship than £135m in debt in the bottom half of the premiership. I would still support them no matter what division they played in.

I would suggest the only realistic way you guys are going to get out of debt is by getting promoted this year and staying in the PremierLeague for atleast 7 years which would be near impossible to maintain as you would need to make significant investment and get incredibly lucky with transfers like we have.

The rebranding is a joke its completely pointless, Tan is the closest thing to Venkys when it comes to lack of football knowledge. Lets be honest - 90% of the far east can barely afford a bowl of rice, the other 10% who can afford to buy football jerseys are Man Utd supporters.

Cardiff have done extremely well so far this season, grinding out victories by the odd goal in what is no doubt a weaker Championship this year as teams you would expect to challenge such as Wolves, Blackburn etc have not turned up for the race. However, you could still get sucked back into the playoffs although very unlikely.

Same goes for the Premier League, we are safe this year for sure but could easily get relegated next year just as easily as you guys could.

Getting promoted this year will far from solve all of your financial problems, its just a neccessity and the beginning of a long journey.

since when have you been debt free you lost 8million in your last set off accounts and before christmas had to go to the banks to lend more money cause you ran out of cash ,i wouldnt be so smug ,at least we got an asset of 60 million in the stadium to off set any debts with only around 5 million owed on the stadium to pmg ,you owe money for rent on your to the council without a cash injection you could be fucked and forced to sell your best players just to survive ,see you next season :lol:

This 8 million lose we made I take it that was before the 14, 000, 000 profit we made after tax based on last season's income. Which doesn't include the 20m we got for joe and scotty. Just thought I would help you out. The 8 m loss was because of bonuses and increase wage bill pre pl income.

you havnt recieved the money its in staged payment and thats why you ran out of cash before christmas was all over the papers/news have you paid your rent yet ???????????

We haven't received last years Pl money? Are you serious. Do you want to check our accounts upto the end of may 2012? Think about it before posting more rubbish. If we lost 8m last season how much will you lose in the pl with a bigger wage bill and bigger costs? As I said 14 n profit before the 20m for joe and scotty.

answer me this why are you going to the banks asking for short term loans if your bank balance is so good ;) ???????????????????????????

Re: Stadium Ownership

Tue Jan 22, 2013 8:53 pm

Goodbye RoathMagic