A forum for all things Cardiff City
Fri Feb 12, 2016 1:46 pm
I think VT has done well this time around and I thank him.
But I would like to know if anybody knows exactly what has happened to the parachute payments received after being relegated from the Premier league. Did it go to the club, or to VT or somewhere else? Perhaps Annis, Carl or somebody else could shed some light on this. If the money went straight to VT could this be the money used to convert debt to equity?
Fri Feb 12, 2016 1:48 pm
Ask malkAy and ole
Fri Feb 12, 2016 1:53 pm
Parachute payments have been used to cover the premiership wages many of our players were on last year, and still a few are on now.
Down the pan as very few of them justified anything better than average Championship money
Fri Feb 12, 2016 5:55 pm
Seen any brown envelopes lately?
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