Company accounts due 29th Feb

Cardiff city accounts have to be filed by tommorow.

EFL considering wage cap of either 20 or 30 million, latest figures estimate our wage bill at around 48 million.

Some interesting times ahead.

I sincerely hope our Chairman and Ceo had relegation clauses and a reduction in wages of our players.


viewtopic.php?f=2&t=213338

Cardiff city accounts have to be filed by tommorow.

EFL considering wage cap of either 20 or 30 million, latest figures estimate our wage bill at around 48 million.

Some interesting times ahead.

I sincerely hope our Chairman and Ceo had relegation clauses and a reduction in wages of our players.

A few of our big hitters (wage wise) are now off the books I reckon so that would help I’d imagine.

£48m!!!
Wow, if 20k/week is £1m a year then £48m seems outrageous.

If that's right, that's a helluva wage bill

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

It's fair to say the transfer committee isn't working

The accounts will cover our season in the premiership

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

Smithies was on 30 k a week in the premiership, also slot of the players contracts went up by 25% cause of promotion ,remember the wage bill us not just player s its everyone ,including stadium match day staff etc

The accounts will cover our season in the premiership

Correct

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

Smithies was on 30 k a week in the premiership, also slot of the players contracts went up by 25% cause of promotion ,remember the wage bill us not just player s its everyone ,including stadium match day staff etc

If those contracts that went up by 25% because of promotion didn't come down by 25% on relegation then somebody has dropped a very large bollock.

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

Smithies was on 30 k a week in the premiership, also slot of the players contracts went up by 25% cause of promotion ,remember the wage bill us not just player s its everyone ,including stadium match day staff etc

If those contracts that went up by 25% because of promotion didn't come down by 25% on relegation then somebody has dropped a very large bollock.

Yeah they come back down for the players who were in the championship with us not sure about Murphy and co we signed in the summer we went up tho

Whyte won’t be on more than 10k

Pack won’t be on more than 15k

Nelson won’t be on more than 10k

Glatzel won’t be on more than 20k

Vaulks won’t be on more than 15k

Flint won’t be on more than 20k

Tomlin won’t be on more than 20k with his new contract

So with everything considered...
The players who may be on more than 20k a week are

Murphy
Etheridge
Patterson
Morrison
Bamba (expires end of season)
Hoilett
Mendez-Laing
Richards (expires end of season)

Etc

Whyte won’t be on more than 10k

Pack won’t be on more than 15k

Nelson won’t be on more than 10k

Glatzel won’t be on more than 20k

Vaulks won’t be on more than 15k

Flint won’t be on more than 20k

Tomlin won’t be on more than 20k with his new contract

So with everything considered...
The players who may be on more than 20k a week are

Murphy
Etheridge
Patterson
Morrison
Bamba (expires end of season)
Hoilett
Mendez-Laing
Richards (expires end of season)

Etc

I hope you're wrong about Jazz - £20k a week Surely not.

Worth about £20 a week perhaps. At a push. Including bonuses.

£48m!!!
Wow, if 20k/week is £1m a year then £48m seems outrageous.

Never that much, I reckon 38-40 which is still too high.

Its ridiculous how much average Footballers are paid, and our fans wonder where the money goes! The only place a club can make a profit is in the Premier League and only if you have a Top Manager and back up staff!

Its ridiculous how much average Footballers are paid, and our fans wonder where the money goes! The only place a club can make a profit is in the Premier League and only if you have a Top Manager and back up staff!

Agree peltier was on neatly 20 k a week

And we are all paying for it. Mugs are us

And we are all paying for it. Mugs are us

I'm a little shocked at that statement...

You've already alluded that don't do games that aren't 'free' as part of your season ticket, so (as a part-time supporter) you can only have paid for SOME of it, surely?

https://beta.companieshouse.gov.uk/comp ... ng-history

Its ridiculous how much average Footballers are paid, and our fans wonder where the money goes! The only place a club can make a profit is in the Premier League and only if you have a Top Manager and back up staff!

That's where the money is

They have been submitted and will be available within 5 days , ref companies house

They have been submitted and will be available within 5 days , ref companies house

Regardless of what has been said above, they will make interesting reading

Not forgetting they are almost 2 years old now they don’t look good.

We are totally reliant on Tan

Parachute payments help, because gate and season ticket money don’t even scratch the surface of our wage bill ( same for nearly all Championship clubs), never mind service the debt which is still significant and not just to Tan as well.

Football has lost its sense and there will be more clubs of our size in trouble in the next few years.

£48m is complete bollocks. Arter was our highest earner in prem on £40000 a week. Then Manga on £25000 a week and both are gone including others once we were relegated. Most players are below £20000 with a huge chunk on around the £10000ish mark.

30 players on £20000 a week is only £32m a year roughly so I dont believe this is true personally

Smithies was on 30 k a week in the premiership, also slot of the players contracts went up by 25% cause of promotion ,remember the wage bill us not just player s its everyone ,including stadium match day staff etc

correct Wez… and for all the noise about SH and PR and how much they were paid there are people taking money now that dwarf those amounts... im not defending either just calling a spade a spade...its a gravy train.

And we are all paying for it. Mugs are us

yeah mate 18 thousand of us season ticket holders have paid 48 mill for our STs.. terrible

hang on 18k x £300 = 5.6 million...uh

- Turnover 123m
- Wage Bill 42.5m
- Operating profit of 2.1m after a loss of 34.1m the year before
- No dividends taken - However it appears either Dalman or Tan are drawing a whopping salary. It was 1.2m in 2018.

- Turnover 123m
- Wage Bill 42.5m
- Operating profit of 2.1m after a loss of 34.1m the year before
- No dividends taken - However it appears either Dalman or Tan are drawing a whopping salary. It was 1.2m in 2018.

It shows how going to the premiership isn't the cash cow people think

- Turnover 123m
- Wage Bill 42.5m
- Operating profit of 2.1m after a loss of 34.1m the year before
- No dividends taken - However it appears either Dalman or Tan are drawing a whopping salary. It was 1.2m in 2018.

It shows how going to the premiership isn't the cash cow people think

We made 36m more and it's not a cash cow?

- Turnover 123m
- Wage Bill 42.5m
- Operating profit of 2.1m after a loss of 34.1m the year before
- No dividends taken - However it appears either Dalman or Tan are drawing a whopping salary. It was 1.2m in 2018.

It shows how going to the premiership isn't the cash cow people think

We made 36m more and it's not a cash cow?

Almost a case of lost 36m less though isn't it really - as opposed to made 36m more. The club only actually MADE 2m ish.

Wez is right in that people think once you get there you can reap the rewards. The reality is that costs spiral quickly, very quickly.

Perhaps fans on here will now see that running a club is not just about the purchase price of players, and the income received from the PL and ticket sales. The biggest cost for a business is nearly always the wages paid to it's employees. There are plenty of other running costs to take into account, and that is why the estimated profits that some fans guessed at were always going to be way out. I was out as well as I had a feeling this set of figures may have shown a loss but a profit is a profit however small it may be. I have a feeling our predictions of us spending a relatively small amount this Summer will probably be spot on. We know Tan wants the club to be free of debt and running within it's means. Finances are going to be under tight control for a while yet.