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" Cardiff City Parachute Payments to come "

Tue Apr 07, 2015 11:00 am

Just a reminder of the breakdown of parachute payments

The parachute payments structure for relegated clubs from the Premiership is £59 million spread over 4 seasons

Current Season ...... £23 million

Second Season ....... £18 million

Third Season ...... £9 million

Fourth Season ...... £9 million

Of the relegated clubs Cardiff and Fulham are in a mess ..... Norwich look likely to bounce back

In recent years of the 18 teams relegated only 4 managed to bounce straight back up

I really fear for the future with the current management structure in place
All the signs are there ..... we could be the next Portsmouth and fall through the leagues
Clearly Tan's strategy is to use the parachute payments to recoup some of the massive debt owed to him
He said when he leaves Cardiff ..... "they will be in good shape" ...... can't see it at the moment
As a successful business man he knows you have to have to have top management to run your companies ...... its not the case with Cardiff with Slade's appointment ...... some strange things going on

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 11:10 am

Tans idea of good shape is different to ours.

His idea is a solvent club......regardless of what league we are in.

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 12:30 pm

Tan the successful businessman?
Tan is successful, but anyone can make money running a MacDonalds franchise (prices, stock, marketing, buildings are all done for you, only borrowing/getting the original outlay is needed).
As for a businessman then no way, as he is clueless about management, customer care and getting the correct staff and management in.

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 1:41 pm

If he was that astute then surely he would have realised that he needed people who understood the football business in the key positions to run the club not try and run it using his own people and forcing the rebrand on the club.

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 2:04 pm

A total of £59 million, to pay off VT's debt? We got another three seasons of him then???

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 2:04 pm

Nice to have so many successful businessman in our ranks to tell a successful businessman in tan what hes doing wrong,? :thumbup:

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 2:25 pm

Bakedalasker wrote:Tans idea of good shape is different to ours.

His idea is a solvent club......regardless of what league we are in.


Isn't that what everyone wanted. Back to blue and solvent doesn't matter what league?

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 2:28 pm

maccydee wrote:
Bakedalasker wrote:Tans idea of good shape is different to ours.

His idea is a solvent club......regardless of what league we are in.


Isn't that what everyone wanted. Back to blue and solvent doesn't matter what league?




Yes it is what lots wanted tan out didnt matter if liquidated ect as long as in blue and the division we were in was imeterial? :thumbup:

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 6:23 pm

billy ronson wrote:If he was that astute then surely he would have realised that he needed people who understood the football business in the key positions to run the club not try and run it using his own people and forcing the rebrand on the club.


Wasn't much being forced when we were winning the Championship or enjoying the Premiership.

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 6:48 pm

Like Portsmouth? No, not that bad. At least we have a modern stadium and a training ground. Portsmouth spent all their money on wages and now have nothing.

More like Southampton, and Crystal Palace perhaps, and Bournemouth next season. You run up debts, go bust, drop down a couple of divisions, screw over local small businesses for 3p in the pound, find a fairly wealthy owner who can take over a club with no debts and finance your way to the cash cow that is the Premier League. 5 years maximum. Of course, its a lifetime of misery for the poor sods who get turned over by the clubs going bankrupt, but supporters are a fickle bunch and don't care who suffers as long as we get to the Premier League.

Rant over.

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 8:50 pm

bluebird58 wrote:Like Portsmouth? No, not that bad. At least we have a modern stadium and a training ground. Portsmouth spent all their money on wages and now have nothing.

More like Southampton, and Crystal Palace perhaps, and Bournemouth next season. You run up debts, go bust, drop down a couple of divisions, screw over local small businesses for 3p in the pound, find a fairly wealthy owner who can take over a club with no debts and finance your way to the cash cow that is the Premier League. 5 years maximum. Of course, its a lifetime of misery for the poor sods who get turned over by the clubs going bankrupt, but supporters are a fickle bunch and don't care who suffers as long as we get to the Premier League.

Rant over.

3p in the pound????/ im sure the jacks only paid 1p in the pound, in some cases nothing :roll: :lol:

Re: Cardiff City Parachute Payments

Tue Apr 07, 2015 8:58 pm

We didn't go mad on the stars and they all left within that season. Except Kenwyne Jones all the salaries should have returned to their championship terms.....Which were very high compared to the others....

The parachute payments were to help clubs stem the tide of big salaries in the championship. Didn't brum have murder trying to get rid of that 6"8' balkan striker.

We need to get the squad down and it may need a few to be paid to leave.

Cheers Ole

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 9:08 am

Next Portsmouth? Don't you mean Swansea? Not even Portsmouth imploded as badly as the gypos did when they were in this position.

Re: Cardiff City Parachute Payments

Wed Apr 08, 2015 9:20 am

maccydee wrote:
billy ronson wrote:If he was that astute then surely he would have realised that he needed people who understood the football business in the key positions to run the club not try and run it using his own people and forcing the rebrand on the club.


Wasn't much being forced when we were winning the Championship or enjoying the Premiership.


As much as it hurts, history will ratify your statement as correct. Attendances were excellent during the period you cite.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 9:36 am

Someone put a UK-based consortium together. Quick!

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 9:51 am

You can't have it both ways. Either accept Tan's money along with his will or, as has happened, gain some identity back but take the consequences in terms of withdrawal of funding and asset stripping. Everyone seemed to understand this at the time, yet now it's dawning on them that austerity lies ahead.

I also don't think that referencing Portsmouth and the Jaxx helps a lot. Their situations differed from each other, except for the fact that they ended up unable to pay creditors more than a token settlement. That choice was a possibility at Cardiff but at the time, rightly or wrongly, Tan was welcomed with open arms to "save" the club.

Hindsight suggests it was an unwise decision maybe, but there you go. Suck it up and move on.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 10:17 am

Not sure why people are so bothered. We have the Blue back, which was the number one objective, Next Tan will leave within 2 or 3 years I would imagine, next, so long as we are at least a steady League one or League two club, then we should be happy. We will have a football club in our City, playing in the leagues that they have mostly played in over the decades. Tan as another poster said, will leave us in what he believes is in good shape, he will leave us solvent, he never said in which League :bluescarf: :bluescarf: :bluescarf:

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 11:26 am

Blueboys1927 wrote:Not sure why people are so bothered. We have the Blue back, which was the number one objective, Next Tan will leave within 2 or 3 years I would imagine, next, so long as we are at least a steady League one or League two club, then we should be happy. We will have a football club in our City, playing in the leagues that they have mostly played in over the decades. Tan as another poster said, will leave us in what he believes is in good shape, he will leave us solvent, he never said in which League :bluescarf: :bluescarf: :bluescarf:


Because we want our cake and to eat it and wear blue while we do it.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 1:14 pm

maccydee wrote:
Blueboys1927 wrote:Not sure why people are so bothered. We have the Blue back, which was the number one objective, Next Tan will leave within 2 or 3 years I would imagine, next, so long as we are at least a steady League one or League two club, then we should be happy. We will have a football club in our City, playing in the leagues that they have mostly played in over the decades. Tan as another poster said, will leave us in what he believes is in good shape, he will leave us solvent, he never said in which League :bluescarf: :bluescarf: :bluescarf:


Because we want our cake and to eat it and wear blue while we do it.


Unfortunately that doesn't look as though it's going to happen :bluescarf:

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 1:53 pm

Blueboys1927 wrote:
maccydee wrote:
Blueboys1927 wrote:Not sure why people are so bothered. We have the Blue back, which was the number one objective, Next Tan will leave within 2 or 3 years I would imagine, next, so long as we are at least a steady League one or League two club, then we should be happy. We will have a football club in our City, playing in the leagues that they have mostly played in over the decades. Tan as another poster said, will leave us in what he believes is in good shape, he will leave us solvent, he never said in which League :bluescarf: :bluescarf: :bluescarf:


Because we want our cake and to eat it and wear blue while we do it.


Unfortunately that doesn't look as though it's going to happen :bluescarf:


Rightly so too.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 2:21 pm

Let Tan have the money as long as he promises to leave the club. The sooner the dictator is as far as possible from Cardiff City FC the better, and our only chance of ever regaining our soul again.
He has drained our club of its identity, fan base and soul. Good riddance Tan.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 2:23 pm

abergblue wrote:Let Tan have the money as long as he promises to leave the club. The sooner the dictator is as far as possible from Cardiff City FC the better, and our only chance of ever regaining our soul again.
He has drained our club of its identity, fan base and soul. Good riddance Tan.


:thumbright: :thumbright:

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 2:53 pm

abergblue wrote:Let Tan have the money as long as he promises to leave the club. The sooner the dictator is as far as possible from Cardiff City FC the better, and our only chance of ever regaining our soul again.
He has drained our club of its identity, fan base and soul. Good riddance Tan.


Leave the club asap but while he's here keep subsidising us and buy us players too.

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 6:16 pm

Forever Blue wrote:
abergblue wrote:Let Tan have the money as long as he promises to leave the club. The sooner the dictator is as far as possible from Cardiff City FC the better, and our only chance of ever regaining our soul again.
He has drained our club of its identity, fan base and soul. Good riddance Tan.


:thumbright: :thumbright:


In fact, he doesn't need permission to take the parachute money. It is his to spend. Who cares anyway!!

The main thing is the return to BLUE, the new badge (albeit including groundbait for the Bluebird) and the much-needed rationalising of the squad and wages bill. The next step is independence. Sorry Tan, that means farewell.

I thought to be honest that would all mean at least a drop to third tier next year. Bonus is safety in Championship. Just try to enjoy the ride now. :bluescarf:

Re: " Cardiff City Parachute Payments to come "

Wed Apr 08, 2015 6:39 pm

but anyone can make money running a MacDonalds franchise (prices, stock, marketing, buildings are all done for you, only borrowing/getting the original outlay is needed).



You do it then,and buy the club off Tan!?

Re: " Cardiff City Parachute Payments to come "

Thu Apr 09, 2015 10:07 pm

Interesting :thumbright: