FAO Keith Morgan

Can you paint us a picture of what today's financial results tells us? Are the numbers as bad as it sounds? How do you feel the financial changes and parachute payments will effect next year's accounts... etc etc

Can you paint us a picture of what today's financial results tells us? Are the numbers as bad as it sounds? How do you feel the financial changes and parachute payments will effect next year's accounts... etc etc

Also the year before they said all liabilities were 119 million and we lost 12 million in the premier season so how come we are not 131 million in debt and not 173 million ? Or is the Wales on line article trying to paint a worse picture

One initial comment to make is that Walesonline appear to be commenting on the accounts for the wrong company. They should be looking at Cardiff City Football Club (Holdings) Limited rather than just the football club company which it owns , as the former gives the full figures for the whole business. Some of the figures they quote are therefore wrong , but not to such an extent that it changes the overall financial picture.

Keith

viewtopic.php?f=2&t=155376&start=30#p1642378

Can you paint us a picture of what today's financial results tells us? Are the numbers as bad as it sounds? How do you feel the financial changes and parachute payments will effect next year's accounts... etc etc

Should be on the Trust website shortly