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TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 2:07 pm

and no before some cad says it, its not stuffed up our eminent benefactors waistline...HOWEVER,

A £15M shortfall is quite a few quid, especially when you have a top accountant as your CEO ...may be able to shed some light on this. It now appears that Cardiff City has NOT OVERSPENT on players but some accounting issues have made things a bit murky.

Well this is my take.... we spent roughly £30M on transfers this summer ..or did we? Some papers reported that we spent £11M on Medel...club says £9M, some say £9.5M on caulker...club say £8M....we could go on but you get my drift...

What`s is the answer? Well, its the norm in this country for the Club to agree a transfer fee for a player.....say £10M...this fee is then paid over to the selling club. SIMPLE?
However the BUYING club then has to pay a further 20% fee to the players agent...this is because the PLAYER doesn't pay the agent direct from his own purse. The agent is able to say to his client..."Listen up mate this is going to cost you nothing because the CLUB is covering my fees"...(the player is happy until he receives a large tax bill a year later as a Benefit in kind...and has to pay 45% tax...but that's another story)

so, by my reckoning, CARDIFF CITY HAS NOW SPENT £36m on transfers and not £30M....tans original budget? £25M...
plus wasn't aware of original annual BONUS....does this explain shortfall?

ABSOLUTELY NOT...these guys are 100 times brighter than me so knew all along where every single penny was going... :sad7:

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 4:38 pm

newboy wrote:and no before some cad says it, its not stuffed up our eminent benefactors waistline...HOWEVER,

A £15M shortfall is quite a few quid, especially when you have a top accountant as your CEO ...may be able to shed some light on this. It now appears that Cardiff City has NOT OVERSPENT on players but some accounting issues have made things a bit murky.

Well this is my take.... we spent roughly £30M on transfers this summer ..or did we? Some papers reported that we spent £11M on Medel...club says £9M, some say £9.5M on caulker...club say £8M....we could go on but you get my drift...

What`s is the answer? Well, its the norm in this country for the Club to agree a transfer fee for a player.....say £10M...this fee is then paid over to the selling club. SIMPLE?
However the BUYING club then has to pay a further 20% fee to the players agent...this is because the PLAYER doesn't pay the agent direct from his own purse. The agent is able to say to his client..."Listen up mate this is going to cost you nothing because the CLUB is covering my fees"...(the player is happy until he receives a large tax bill a year later as a Benefit in kind...and has to pay 45% tax...but that's another story)

so, by my reckoning, CARDIFF CITY HAS NOW SPENT £36m on transfers and not £30M....tans original budget? £25M...
plus wasn't aware of original annual BONUS....does this explain shortfall?

ABSOLUTELY NOT...these guys are 100 times brighter than me so knew all along where every single penny was going... :sad7:

sams pocket more like. ;) CCFC :ayatollah: :ayatollah: :ayatollah:

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 4:49 pm

Thanks Taffy...you just blown my theory out of the water :evil: Mind you It was about £15M that we owed Sam...mmmmm
you may be onto something there!!!!!

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 5:06 pm

Did they change the locks when Peter Ridsdale left? :lol: :lol:

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 5:26 pm

DONT say anything about Peter....top consultant for Cardiff City...£500K in fees CHEAP...also introduced us to...
will stop there...on to Cardiff City maintenance department now to check on LOCK situation... ;) ...
anyone know of whose in charge there now Picasso has moved on up chain! :shock:

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 7:28 pm

http://www.actionfraud.police.uk/report_fraud Hmmmmmmmm CCFC :ayatollah: :ayatollah: :ayatollah: I WONDER. :wave:

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 8:18 pm

Thanks for info. Taffy..I think this may be an inside job.....do you know anyone after about 15M who has a man on the inside at ccfc?....bear with us MR Tan I think we are getting very close to solving the mystery of the missing millions. ....us brothers on the forum ..
WILL NEVER REST UNTIL WE RETRIEVE YOUR MONEY!!!!.....(Perhaps a wee bit of time off to watch game on Saturday. .thanks mr T)

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 8:26 pm

newboy wrote:and no before some cad says it, its not stuffed up our eminent benefactors waistline...HOWEVER,

A £15M shortfall is quite a few quid, especially when you have a top accountant as your CEO ...may be able to shed some light on this. It now appears that Cardiff City has NOT OVERSPENT on players but some accounting issues have made things a bit murky.

Well this is my take.... we spent roughly £30M on transfers this summer ..or did we? Some papers reported that we spent £11M on Medel...club says £9M, some say £9.5M on caulker...club say £8M....we could go on but you get my drift...

What`s is the answer? Well, its the norm in this country for the Club to agree a transfer fee for a player.....say £10M...this fee is then paid over to the selling club. SIMPLE?
However the BUYING club then has to pay a further 20% fee to the players agent...this is because the PLAYER doesn't pay the agent direct from his own purse. The agent is able to say to his client..."Listen up mate this is going to cost you nothing because the CLUB is covering my fees"...(the player is happy until he receives a large tax bill a year later as a Benefit in kind...and has to pay 45% tax...but that's another story)

so, by my reckoning, CARDIFF CITY HAS NOW SPENT £36m on transfers and not £30M....tans original budget? £25M...
plus wasn't aware of original annual BONUS....does this explain shortfall?

ABSOLUTELY NOT...these guys are 100 times brighter than me so knew all along where every single penny was going... :sad7:



Business is so corrupt by debt for sole gains tax evoidance and what not, I honestly dont think tan is an idiot with money everyone involved knows what they are doing

Re: TANS MISSING £15M.. I know where it is!

Wed Oct 16, 2013 8:52 pm

Too true sloper road.....you know were all a bit down in dumps this week...even heard some fans selling off stuff they collected for years..
Listen..we fans are more powerful than some on here think...but not for obvious reasons...Mr T may or may not think alot of us...but one thing is for sure
He thinks quite alot about $$$$$$
He has to make ccfc attractive to worldwide investors..nothing will be allowed to jeopardise this ...26000 fans in open rebellion and a slide into the championship and Mr Ts plans are gone...

Chin Up Fellow bluebirds And 3 -O to us on Saturday! !!