Cardiff City Forum



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' Financial Fair Play '

Tue Jan 19, 2016 5:16 pm

Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:

Re: ' Financial Fair Play '

Tue Jan 19, 2016 5:22 pm

moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.

Re: ' Financial Fair Play '

Tue Jan 19, 2016 5:24 pm

Simple our turnover (all of our income) for example £40m we can not spend more than £46m (£6m loss). If income was £30m then maximum spend £36m and so on.

How did we get in this mess?

If K Jones was really on £35k per week that works out at £1.8m per year on ONE players wages. Apparently at one time we have 49 professionals at the club so it isn't hard to work out where the vast majority of the money was spent.

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:09 pm

Tony Blue Williams wrote:Simple our turnover (all of our income) for example £40m we can not spend more than £46m (£6m loss). If income was £30m then maximum spend £36m and so on.

How did we get in this mess?

If K Jones was really on £35k per week that works out at £1.8m per year on ONE players wages. Apparently at one time we have 49 professionals at the club so it isn't hard to work out where the vast majority of the money was spent.


You make it sound simple so why was no one in a senior position keeping an eye on the maths I wonder?? :thumbup:

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:12 pm

Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.


Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:18 pm

moonboots wrote:
Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.


Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:



The other problem is City have so far refused to show our accounts, Dalman says he won't release them yet? ? ?

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:20 pm

Forever Blue wrote:
moonboots wrote:
Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.


Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:



The other problem is City have so far refused to show our accounts, Dalman says he won't release them yet? ? ?

The league must of seen them to put an embargo on us

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:21 pm

wez1927 wrote:
Forever Blue wrote:
moonboots wrote:
Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.


Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:



The other problem is City have so far refused to show our accounts, Dalman says he won't release them yet? ? ?

The league must of seen them to put an embargo on us



Wez, I quoted you the other day, Dalman words he said to the media, He won't release them.

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:23 pm

Forever Blue wrote:
wez1927 wrote:
Forever Blue wrote:
moonboots wrote:
Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.


Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:



The other problem is City have so far refused to show our accounts, Dalman says he won't release them yet? ? ?

The league must of seen them to put an embargo on us



Wez, I quoted you the other day, Dalman words he said to the media, He won't release them.

To the league or the media ?

Re: ' Financial Fair Play '

Tue Jan 19, 2016 8:29 pm

Forever Blue wrote:
moonboots wrote:
Forever Blue wrote:
moonboots wrote:Any ITKs have info on how we got into this mess?

To be fair to the Club they offloaded loads of high earners and got substantial fees for Medel, Caulker, Mutch etc. With our parachute payments I would have thought that we might have been ok.

How does it work?

Wages as a percentage of income? And what exact period does it apply to? :bluescarf:


Its all from last season in the Championship, All Laurel and Hardy's spending :lol: No seriously its Tan and Ole's spending in the Championship last season.

City's out goings are way to high compared to their income.



Cheers. So if it was all based on the spending last season then is it the case that nothing could have been done this season by Tan or Choo to fix the problem? :thumbup: :bluescarf:



The other problem is City have so far refused to show our accounts, Dalman says he won't release them yet? ? ?


The Club poured some doubt on the justification for an embargo. They seem to suggest they have grounds to challenge or doubt the ruling. Is there any chance that if we can prove no wrong-doing that the FL can overturn the embargo soon? :bluescarf: :thumbup: