WHY ARE OUR FANS SO THICK???!!! - The Malaysians

Reading this board this morning and all im reading is:-

If we get the right investment from the Malaysians...
Malky will take us up if they give him what he needs to spend...
We will have a better chance to go up next season...
The Malaysians are paying off our debts so we cant complain...

Now sorry to be patronising with my underlining and emphasising but nobody seems to be taking it on board which is quite frankly baffling...

THE FINANACIAL FAIRPLAY RULES WILL BE COMING INTO PLAY FFS!!!!!!!!

1) Owners will only be allowed to invest £6 million (They are currently investing £12 million per annum just to meet running costs of the club). Meaning there will be no money to spend and we will have to find £6 million from somewhere to keep the club affloat. The year after investment is capped at £4 million (meaning we will have to find an extra £8 million) and then the season after £2 million (meaning we will have to find £10 million) - THIS WILL BE BEFORE MALKY GET ANYTHING TO SPEND.

2) Wage bills are to be capped to a certain % of our income. We will have to get rid of our top earners to satisfy this, so that means Whitts, Miller and Earnie will have to go. We will have no funds in place to replace them. You see the pattern here?

3) THE MALAYSIANS ARE NOT PAYING OUR DEBTS, THEY ARE ADDING TO THEM!! The Malaysians are NOT our owners with our best interests at heart. They are glorified loan sharks. They are basically covering what e owe elsewhere and transferring the debt to themselves while charging 7% interest!! WAKE UP!! It wasnt by pur chance they took on one of the most debt ridden clubs in the football league, it was THE reason they chose us. We are in a position that we cannot refuse their loans, and this them making money off our desperation. They are like those payday lenders, praying on the desperate.

4) Debt has risen from £40 million to £70 million in a few short years and is increasing at a rate of £1.2 million (+7%) EVERY MONTH.

5) IN SUMMARY - We do not have a better chance next year... that WAS our chance... We are in serious financial trouble... there ISNT any money to spend... We MUST get rid of our top players.

TAKE IT IN, BECAUSE YOU ARE ALL BURYING YOUR HEADS IN THE SAND!!

Attention Seeker alert!

well done Daya

I agree with you regarding the Malaysians regardless of it's intended as a wind up or not, I do not trust them one bit.

How is it a wind up. All of that is fact, it isnt opinion. Go to ny solicitor in the land and they will tell you exactly the same. Failing that, google it and look for yourselves.

Bollocks

Bollocks

Which bit?

You do not believe the financial fairplay rules are being introduced next year?

Bollocks

Which bit?

You do not believe the financial fairplay rules are being introduced next year?

How about 2014-2015 turkey!

http://www.bbc.co.uk/sport/0/football/17841566

Bollocks

Which bit?

You do not believe the financial fairplay rules are being introduced next year?

How about 2014-2015 turkey!

http://www.bbc.co.uk/sport/0/football/17841566

Again, why are our fans so thick? I comes in from next season.

2014-15 IS WHEN THE FULL EFFECT WILL COME IN.

Next year investment is capped at 6 million, the season after £4million and then in 2014/15 it will be cut further to £2million - as I said in the OP - Turkey.

Bollocks

Which bit?

You do not believe the financial fairplay rules are being introduced next year?

How about 2014-2015 turkey!

http://www.bbc.co.uk/sport/0/football/17841566

Again, why are our fans so thick? I comes in from next season.

2014-15 IS WHEN THE FULL EFFECT WILL COME IN.

Next year investment is capped at 6 million, the season after £4million and then in 2014/15 it will be cut further to £2million - as I said in the OP - Turkey.

The majority of the clubs in the Championship don't even have £6 million to spend, but fortunately for us, whilst they may not choose to spend it, ours certainly have it!

The Football League is to implement Financial Fair Play regulations in all three of its divisions, after Championship clubs voted in favour of a breakeven approach based on UEFA's Financial Fair Play regulations to start from the start of the 2012/13 season. From the beginning of next season, the Championship will join League 1 and League 2 clubs in applying rules that exert greater control over club expenditure with each division having the flexibility to determine their own specific approach.
The decision to adopt Financial Fair Play regulations follows a strategic review by The Football League Board which identified the state of club finances as the organisation's greatest challenge.
League Chairman, Greg Clarke, said: "On the pitch we have three exciting, competitive divisions with crowds at their highest levels for 50 years. But that success isn't necessarily being reflected on our clubs' balance sheets and we have to remedy that situation or face an uncertain future.
"I'd like to commend the Championship clubs for the courageous decision they have taken today. It means that for the first time, all 72 Football League clubs have agreed to take concerted action towards controlling their financial destiny.
"Whilst we cannot promise that these rules will deliver results overnight, they will begin to lay the foundations for a league of financially self-sustaining football clubs."
Financial Fair Play in the Championship
• Financial Fair Play (FFP) in the Championship will require clubs to stay within defined limits on losses and shareholder equity investment that will reduce significantly across a five season period.
• Permitted losses will reduce from an acceptable deviation of £4m for 2011/12 to £2m by 2015/16, with additional investment in certain areas of club infrastructure being excluded (e.g. youth development and community programmes).
• The permitted level of shareholder equity investment will reduce from £8m for the 2011/12 season to £3m by 2015/16.
• Clubs will be required to provide annual accounts to The Football League by December 1, covering the previous playing season.
• Failure to stay within the defined limits will lead to the imposition of sanctions. The sanctions will vary depending on whether the club was ultimately promoted to the Premier League, remained in the Championship or was relegated to League 1.

o Clubs promoted to the Premier League will have to pay a 'Fair Play Tax' on the excess by which they failed to fulfil the Fair Play requirement ranging from 1% on the first £100,000 to 100% on anything over £10m. Any proceeds will be distributed equally amongst those clubs that complied with the FFP regulations for the season in question.
o Clubs remaining in the Championship will be subject to a transfer embargo until they are able to lodge financial information to demonstrate they comply with the FFP regulations (either for the previous reporting period or a future reporting period).
o Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division.
• Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship, as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in the first season in the Championship whilst not complying with the FFP regulations.
• The first reporting period will be for the current playing season (2011/12), however sanctions will not be applied until the 2013/14 reporting period in order to give clubs a sensible period of transition.
Financial Fair Play in League 1 and League 2
• League 1 and League 2, clubs have chosen to implement the Salary Cost Management Protocol (SCMP) first used in League 2 in 2004/05, although it will operate at different thresholds in each division.
• The SCMP broadly limits spending on total player wages to a proportion of each club's turnover, with clubs providing budgetary information to The League at the beginning of the season that is updated as the campaign progresses.
• Any club that is deemed to have breached the permitted spending threshold will be subject to a transfer embargo. Wherever possible, The League will seek to tackle the issue 'at source' by refusing player registrations that take clubs beyond the threshold.
• At the beginning of the current season, League 2 clubs reduced the permitted spending threshold to 55% from 60% and this figure will continue to be operated next season.
• League 1 clubs are currently operating a 'pilot' of the SCMP with clubs complying with a 75% threshold but with no sanctions being applicable this season. This threshold will reduce to 65% in 2012/13 and 60% in 2013/14 with sanctions (transfer embargoes) being applicable in both seasons.

The majority of the clubs in the Championship don't even have £6 million to spend, but fortunately for us, whilst they may not choose to spend it, ours certainly have it!

What the hell are you talking about??!

We need £12 million extra revenue to cover our outgoings. The malaysians are currently servicing it to the tune of loans charged at 7% interest of £1.2 million per month to the club - thats not on players, thats purely running costs.

Next year they will only be allowed to invest £6 million, leaving us 600k short EVERY MONTH. Who are we going to decide not to pay? The players? HRMC?

Every team will be affected not just us,it will naturally bring the running costs of the club down that is why they are doing it to stop clubs going into admin,not sure you are keeping up magic,they are not doing it to us but everyone.

The majority of the clubs in the Championship don't even have £6 million to spend, but fortunately for us, whilst they may not choose to spend it, ours certainly have it!

What the hell are you talking about??!

We need £12 million extra revenue to cover our outgoings. The malaysians are currently servicing it to the tune of loans charged at 7% interest of £1.2 million per month to the club - thats not on players, thats purely running costs.

Next year they will only be allowed to invest £6 million, leaving us 600k short EVERY MONTH. Who are we going to decide not to pay? The players? HRMC?

Don't think you fully understand the way the new rules are going to be implemented, next season in particular!

Every team will be affected not just us,it will naturally bring the running costs of the club down that is why they are doing it to stop clubs going into admin,not sure you are keeping up magic,they are not doing it to us but everyone.

Again, why are our fans so thick??

There are very few football league clubs that have to service £70 million of debt while paying out wages like we do when their income is so low. I cant think of another club it will affect more.

These regulations are good for football but not for Cardiff City. Normally the club would then just make cutbacks and spend what they recieve. Now this sounds good doesnt it? Well not if you are £12 million short on operating costs every year it doesnt.

Anything we earn will be earmarked to go elsewhere and we are still 50% short of what we need to keep ourselves affloat. Thats before we start even talking about spending money on players.

We will have to pay heavily for the years and years of mishandling of the club.

You tossers ought to go and support another team, Oh I didn't think, you do! The malaysians will convert all debt into shares so they will own the whole club, is that to hard for you to understand then they will own a debt free club. as for not trusting them, are you pair (canton magic/king earnshaw) idiots you are just a pair of attention seekers, grow up! they have not done anything to mistrust them for, and as for the fair rules, there is already a way around that, but I am certainly not going to post it on an internet board, even if there were no idiots like you pair about. Children its time for bedy byes

So, the Malaysian investors are sticking in over million pounds a month for nothing? These men are seriously rich ruthless business men. You don't get to be a billionaire like Vincent Tan without being ruthless.

So, these ruthless men have invested their money with no chance of a return, and no interest in getting the club to the Premier League or whatever? You can be certain that they are already working out how to get around the "fair Play" rules like every other club in the Championship.

Don't you think that virtually every other club in the Championship is in the same position? Do you think that all of the other teams with wealthy backers aren't in the same position as us?

You can bet that the teams that voted for this knew it was basically unenforceable.

Money talks in football. If owners are prevented from investing as much money as they want in their club at Championship level, then they will find a way around it - its only a matter of time before the wealthiest and best supported Championship teams get invited to the Premier League - Premier League division 1 and 2 (or whatever they call it), taking all of the TV money with it, and cutting the league 1 and 2 teams out. Thankfully, with our wealthy "investors" or "owners" on board we are in a position to be one of those clubs.

In theory, the Fair Play financial rules make for a more level playing field for all of the teams. In practice, I suspect it will make very little difference.

So, the Malaysian investors are sticking in over million pounds a month for nothing? These men are seriously rich ruthless business men. You don't get to be a billionaire like Vincent Tan without being ruthless. No they are sticking in over a million pounds per month to charge us 7% on the loans. They also make even more money should we make it to the Prem on the off chance - its a good little number for them

So, these ruthless men have invested their money with no chance of a return, and no interest in getting the club to the Premier League or whatever? You can be certain that they are already working out how to get around the "fair Play" rules like every other club in the Championship. Of course they have an interest in getting us there, they will make more money of they do. But they are business men and know investment in the squad doesnt always reep rewards, hence last season. But the primary involvement for them is to charge us for the loans they give. They can enforce us to pay them back as they will own us soon and can then sell our assets to seize back what they are owed - players, stadium etc

Don't you think that virtually every other club in the Championship is in the same position? Do you think that all of the other teams with wealthy backers aren't in the same position as us? Absolutely not. I cant think of another team in the Championship with income as low as us and outgoings so high and debts so outragous.

You can bet that the teams that voted for this knew it was basically unenforceable. they voted in favour as its the right thing to do and stop clubs going bust in the long run - however the rules make the running of our club almost impossible

Money talks in football. If owners are prevented from investing as much money as they want in their club at Championship level, then they will find a way around it - its only a matter of time before the wealthiest and best supported Championship teams get invited to the Premier League - Premier League division 1 and 2 (or whatever they call it), taking all of the TV money with it, and cutting the league 1 and 2 teams out. Thankfully, with our wealthy "investors" or "owners" on board we are in a position to be one of those clubs. thats utter nonsense, you honestly think we are going to get ''invited'' into the Prem and league 1 and 2 will be scrapped?? wake up and get real ffs.

In theory, the Fair Play financial rules make for a more level playing field for all of the teams. In practice, I suspect it will make very little difference. It will make a major difference.

Bollocks

Why is it bollocks? Take a look at the Cardiff City kit for a start (MALAYSIA) At a time the club needs financial support surely 2-300,000 pounds even more, or at least sponsorship from some of the local businesses that wanted to sponsor would be the way? I for one would be happier to see Asda sprawled all over the place than Malaysia which means the club are paying rather than receiving money for sponsorship, To think people actually griped about Ken Thorn who paid well so did the Echo for the privilege to have their names on the shirt of CARDIFF CITY FOOTBALL CLUB. Sorry ' But the new caps to be implemented are a direct assault on dirty wrangling's from foreign investors lining their pockets while the administrators and devastated fans try to clean up the mess.

Bang on.

These rules will hurt the Malaysians and their loans to us will be cut by 50% immediately - eventually decreasing their ability to loan to us by 80%+ meaning their profits are going to take a massive hit and as a result we no longer become good hosts for their parasite like business plan.

I can see the transferring what we owe them into shares, selling our assets and selling the club on which will leave us bare. The sad thing is, there is nothing we can do about it. They are leeches and are certainly getting their fill, we just have to wait until they have fed and they drop off. THEN we can start to rebuild whats left.

Do you remember the Channel 4 documentary ''How to buy a football club''? It was a Dispatches documentary that had undercover journalists talking to Asian prospectors regarding buying football clubs...

Cardiff was mentioned by a few of the Asians as potential to make money and also Tan was mentioned. One of the ways to make money that was explained to the undercover journalist was ''asset stripping'' of clubs and loaning them high interest loans...

http://hobnob.royals.org/forum/viewtopi ... 3&t=107892

http://forums.overclockers.co.uk/showth ... t=18297198

We have been done havent we

Bang on.

These rules will hurt the Malaysians and their loans to us will be cut by 50% immediately - eventually decreasing their ability to loan to us by 80%+ meaning their profits are going to take a massive hit and as a result we no longer become good hosts for their parasite like business plan.

I can see the transferring what we owe them into shares, selling our assets and selling the club on which will leave us bare. The sad thing is, there is nothing we can do about it. They are leeches and are certainly getting their fill, we just have to wait until they have fed and they drop off. THEN we can start to rebuild whats left.

You are contradicting yourself here - if they try to sell the club, there is no way they'll get back what they put into it - a football stadium with no team to speak of is worth bugger all.

Leicester, for one, are in a similar position to us. Bolton will be when they come back down, also QPR if they get relegated. Birmingham too.

The Premier League is a tool to make money for SKY. They want to attract the biggest audiences possible, by inviting the best supported clubs in terms of number of supporters and catchment area. We are one of those clubs. I predict that within 10 years there will be 2 Premier League divisions taking all of the TV money, and will break away from the FA if necessary to achieve this. It could even be when the next SKY contract is negotiated.

You are right when you say that changes need to be made, but although people say "it will never happen", an independent no-relegation 2 league Premier League based on a franchise system IS the future.

We need to be in it.

http://www.otib.co.uk/index.php?/topic/ ... ball-club/

''So Cardiff and Leicester then named as clubs brought through this dodgy connection, at least it was nice to hear they will sell them after a few years and leave them high and dry, couldnt happen to two nicer clubs whata shock Sven is there then as Man City was brought in the same dodgy way ''

exactly what I predicted. Please will people wake up.

Reading this board this morning and all im reading is:-

If we get the right investment from the Malaysians...
Malky will take us up if they give him what he needs to spend...
We will have a better chance to go up next season...
The Malaysians are paying off our debts so we cant complain...

Now sorry to be patronising with my underlining and emphasising but nobody seems to be taking it on board which is quite frankly baffling...

THE FINANACIAL FAIRPLAY RULES WILL BE COMING INTO PLAY FFS!!!!!!!!

1) Owners will only be allowed to invest £6 million (They are currently investing £12 million per annum just to meet running costs of the club). Meaning there will be no money to spend and we will have to find £6 million from somewhere to keep the club affloat. The year after investment is capped at £4 million (meaning we will have to find an extra £8 million) and then the season after £2 million (meaning we will have to find £10 million) - THIS WILL BE BEFORE MALKY GET ANYTHING TO SPEND.

2) Wage bills are to be capped to a certain % of our income. We will have to get rid of our top earners to satisfy this, so that means Whitts, Miller and Earnie will have to go. We will have no funds in place to replace them. You see the pattern here?

3) THE MALAYSIANS ARE NOT PAYING OUR DEBTS, THEY ARE ADDING TO THEM!! The Malaysians are NOT our owners with our best interests at heart. They are glorified loan sharks. They are basically covering what e owe elsewhere and transferring the debt to themselves while charging 7% interest!! WAKE UP!! It wasnt by pur chance they took on one of the most debt ridden clubs in the football league, it was THE reason they chose us. We are in a position that we cannot refuse their loans, and this them making money off our desperation. They are like those payday lenders, praying on the desperate.

4) Debt has risen from £40 million to £70 million in a few short years and is increasing at a rate of £1.2 million (+7%) EVERY MONTH.

5) IN SUMMARY - We do not have a better chance next year... that WAS our chance... We are in serious financial trouble... there ISNT any money to spend... We MUST get rid of our top players.

TAKE IT IN, BECAUSE YOU ARE ALL BURYING YOUR HEADS IN THE SAND!!

An interesting if simplistic interpretation of the rules. Remember this post, and if what you predict happens, then please feel free to post one year from today and say "I told you so!"

However, if your predicted Apocalypse doesn't happen, then please come back and post in a year's time to say "It was all bollocks"!

Attention Seeker alert!

Okay so we will be weaker. But alot of other teams will be weaker aswell?
All balances out??

The Malaysians didnt get where they are through speculation and blind investment. They run Cardiff like a business and because we are being run like a business, by professional people, I believe we will continue to be successful.

Like all rules there will be "Holes" and "Workarounds".

On brief examination its states that the owners are only allowed to put in £6m. Thats fine. I am assuming that there is no problem in a member of VTs family/friend (who is not on the board) making a monthly donation of £1.2m.

Perhaps we could explore another option where a new company is formed called Malaysian Travel (Cardiff) Limited. Clearly have no ownership in the football club but choose to invest £1.2m per month, in respect to advertising, at the Cardiff City Stadium.

These are just a few thoughts from someone who deals with Personal Injury claims with a bit of Sports Photography on the side.

Imagine the workarounds that could be considered by a top Commercial Lawyer.

The Malaysians didnt get where they are through speculation and blind investment. They run Cardiff like a business and because we are being run like a business, by professional people, I believe we will continue to be successful.

Like all rules there will be "Holes" and "Workarounds".

On brief examination its states that the owners are only allowed to put in £6m. Thats fine. I am assuming that there is no problem in a member of VTs family/friend (who is not on the board) making a monthly donation of £1.2m.

Perhaps we could explore another option where a new company is formed called Malaysian Travel (Cardiff) Limited. Clearly have no ownership in the football club but choose to invest £1.2m per month, in respect to advertising, at the Cardiff City Stadium.

These are just a few thoughts from someone who deals with Personal Injury claims with a bit of Sports Photography on the side.

Imagine the workarounds that could be considered by a top Commercial Lawyer.

Those loopholes would only work if the Malaysians were happy to give the money as a gift. But they clearly will not do this. all investments are clearly in the form of a secured high interest loan - If the clubs best interests were at heart then they wouldnt charge us 7% on their loans.

If their investment was disguised as sponsership or gifts then they would not be legally bound to get that back - which of course is their aim.

No go-er.

The club can't be that worried about the fair play rules as they voted in favour of them,unlike Leicester.

So now annis agrees with this?