A forum for all things Cardiff City
Mon Jun 04, 2012 8:03 pm
Ive never followed anything to do with him so not sure what we owe him and why?
By what i gather if we sell a player over a certain amount he gets money but how much and how long does this deal last?
cheers
Mon Jun 04, 2012 8:07 pm
I believe PR set it up and the interest charged on it was something stupid like 150%
It's since been renegotiated but no idea what the amount we owe them is.
Basically they get a %age of any player sale (again dont know how much).
However no interest in now charged on the loan so selling a player now had no real benefit other than paying the debt off earlier.
That's how i understand it from what I've read.
Mon Jun 04, 2012 8:14 pm
2blue2handle wrote:I believe PR set it up and the interest charged on it was something stupid like 150%
It's since been renegotiated but no idea what the amount we owe them is.
Basically they get a %age of any player sale (again dont know how much).
However no interest in now charged on the loan so selling a player now had no real benefit other than paying the debt off earlier.
That's how i understand it from what I've read.
sounds a mess to be honest...
Mon Jun 04, 2012 8:15 pm
I thought this only applied to the players at the club before?
Which would mean that this rubbish won't apply to MM's signings?
If i am wrong, there's got to be a point where we have paid him back?
Mon Jun 04, 2012 8:17 pm
glammy74 wrote:I thought this only applied to the players at the club before?
Which would mean that this rubbish won't apply to MM's signings?
If i am wrong, there's got to be a point where we have paid him back?
I'm pretty certain I've read a few times anyway its any player who leaves for a fee.
It will get paid back, he would have had a payment from the chops sale and if Gerrard and Keinan leave that's further payments.
Players will want to leave from time to time so it will get paid its just not urgent for us.
Mon Jun 04, 2012 10:42 pm
How much do we owe him?
Mon Jun 04, 2012 10:55 pm
jinks-rct wrote:How much do we owe him?
I don't know, I think the initial debt was 1.5m but with huge interest. I have no idea what they settles on when they renegotiated.
Mon Jun 04, 2012 10:58 pm
Anything over 3million goes to him.

probly why we dont sell many players and let players runt here contracts down or have done in the past.
Tue Jun 05, 2012 12:48 am
Read Peter Ridsdale's book "United we fall". The mechanics of the deal are in there,,,,he did the same while at Leeds Utd!
Tue Jun 05, 2012 7:15 am
jinks-rct wrote:Ive never followed anything to do with him so not sure what we owe him and why?
By what i gather if we sell a player over a certain amount he gets money but how much and how long does this deal last?
cheers

Anyt transfer fee received over £2.8m and all of it goes to Ranson until his debt is cleared is my understanding of the deal.
Tue Jun 05, 2012 8:15 pm
carlccfc wrote:jinks-rct wrote:Ive never followed anything to do with him so not sure what we owe him and why?
By what i gather if we sell a player over a certain amount he gets money but how much and how long does this deal last?
cheers

Anyt transfer fee received over £2.8m and all of it goes to Ranson until his debt is cleared is my understanding of the deal.
How much roughly do we own to him?
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