' CARDIFF CITY'S FINANCES ' Hmmm interesting read

Keith aka Since62

Your impressed with his article

Would you like to sum it up in 3 or 4 lines?

We
are
Skint

nothing new how long have we been skint? 20,30 or more years??
so no one can throw it all down to tan! and before anyone quotes 150m debt! a debt is a debt and is relevant to ability to pay it. and we have never been able to pay debt in my lifetime of watching city!

Correct. Plus, at least it's his money. Our previous 3 or 4 owners pre Tan took a wage and didn't put any of their money allegedly.

Keith aka Since62

Your impressed with his article

Would you like to sum it up in 3 or 4 lines?

We
are
Skint

nothing new how long have we been skint? 20,30 or more years??
so no one can throw it all down to tan! and before anyone quotes 150m debt! a debt is a debt and is relevant to ability to pay it. and we have never been able to pay debt in my lifetime of watching city!

Correct. Plus, at least it's his money. Our previous 3 or 4 owners pre Tan took a wage and didn't put any of their money allegedly.

No one on this board can deny city have had debt for decades! And like you say last couple of debts amassed by previous owners was not their own mony? So leaving us in the position we were in when tan took over, if it wasn't for them we would not have needed tans investment so not going thru the turmoil we have!

We've been in debt for as long as I can remember
We were in debt when I was earning £ 5 a week and mates doing appreticeships were on £3 a week some 46 years ago
Trainee nurses / police / firemen / bin men are on £400 a week today
£400 divided by 5 = 80 times more over 46 years
So can the mathematicians on here work out what the equivalent of £150 million would of been 46 years ago
Would like to know if we would be better or worse off today