Financial Concerns

[Phil Blue/RedVice Captain]

I, like most City fans, accepted the re-brand and particularly the change from blue to red as a necessary evil which would give us a successful team and financial stability. We were told of a £100 million investment which involved, amoung other projects, settling the debt with Langston(Sam) and the conversion of other debts to equity. Eighty months down the line, still no settlement of the Langston debt and no conversion of other debts to equity. We have had substancial investment in the team and obviously I am pleased with this, but at the moment this is simply increasing our debt. Players wages at City must be comfortably the highest in the Championship.

At the moment it does appear that we are destined for the Premiership at the end of the season but what then? More expensive players on higher wages and more debt?

If we look at the Premiership teams at the moment the clubs with the best financial models and the least debts are British owned. Everton, Stoke, Norwich and dare I say it Swansea, are established in that league yet they seem to have managable debts which would not endanger their clubs if relegation became an issue.

Before somebody says it, yes I'm a hypocrite, because I've called for City to spend money on players to get us to the promised land, but I still have this underlying worry in the back of my mind about the substancial debts which the Club has but appear to be unwilling to address.

[Slimfrog's Son™Global Superstar]

The investors have said that once Langstone is settled, that is when we will see the massive investment. They won't invest before then because they don't want Spam Ham Man getting his hands on any more assets. Unfortunately both parties are playing hardball and that's why it's taking so long...

[RhysGlobal Superstar]

Yes, you're are not the only one I'm sure Phil. To be fair it seems in built in us city fans to always expect everything to go wrong or to fail to materialise in the first place. If Cardiff City was a Red Dwarf character we would definitely be Rimmer.

But I'm confident the investment will come through, soon as we are promoted. Langstons demands will be completely manageable in the context of the giant windfall of cash the PL will bring. Once that is sorted, VT will turn the debt into shares and he will be the happy owner of a debt free premiership club.

Have faith my friend.

[Valley TrashGlobal Superstar]

I think it is s case of damned if you do, damned if you don't... it is likely that without Tan's investment City would have become insolvent... as Rhys suggests at least this way there is a relatively credible end game where City are on an acceptable business footing with a 'normal' PL side debt structure

[Phil Blue/RedVice Captain]

Yes, you're are not the only one I'm sure Phil. To be fair it seems in built in us city fans to always expect everything to go wrong or to fail to materialise in the first place. If Cardiff City was a Red Dwarf character we would definitely be Rimmer.

But I'm confident the investment will come through, soon as we are promoted. Langstons demands will be completely manageable in the context of the giant windfall of cash the PL will bring. Once that is sorted, VT will turn the debt into shares and he will be the happy owner of a debt free premiership club.

Have faith my friend.

Hope you're right Rhys.

[Arkay DubyaGlobal Superstar]

The thought had crossed my mind too Phil but i'm hoping Rhys has got the right idea. After working so hard to get to the Premiership, I'd hate to see us go the way of Portsmouth.

[G-sterClub Legend]

The y/e May 2012 accounts are due to be made available in the next few weeks, which will give an indication of whether progress is being made.

There does seem to be some forward-thinking in a number areas, e.g. by seeking to acquire their own training ground rather than pissing money away to The Vale hotel.

For the previous 2 financial periods (2010 and 2011), the club’s annual revenue has been £16-17M. The share of TV revenue for the team that finished bottom of the Premier League last season was £39M which clearly increases the potential profitability of the club, assuming prudent budgets are set. There are parachute payments for relegated teams of £48M spread over the 4 subsequent seasons (unless they are promoted back again).

The messy nature of the rebrand was a cause for concern, but the gamble seems to have a good chance of paying off this season.

[NN2Red2Vice Captain]

In some ways we could be considered "unlucky" in that our Malaysian benefactors have not unconditionally thrown money into the club without making changes e.g. unlike the owners at Manchester City. I'm sure that there are plenty of other Football League Clubs and some Premiership Clubs who wish they were as "Unlucky" as us!! (Including Everton who have to sell players on a regular basis to balance the books, thus always not being quite good enough to make the break through in the Premiership)

This is the best position Cardiff City Football Club have been in for promotion to the "Top Flight" in my lifetime but,depending on which mb you access, much of the written material is penned by very miserable people who's world has ended because the main shirt colour has changed and so has the badge.

All fans have been reminded that unless they are shareholders, or their club is run by a supporters trust, or the trust have a significant influence on the running of their club, irrespective of how much emotional attachment they invest, they are only customers buying entertainment.

Harsh but true, especially in the world of "Moneyball" that we now find ourselves in.

I welcome the moves that VT et al have made; it suggests that a hard nosed business approach is being made towards running the club. This may only be because VT wants to sell on at a profit - so be it! I've done my time standing on the terraces at NP with 3500 other people rattling round like peas in a tin wondering if the misery is ever going to end. The current scenario is preferable. I actually believe that VT enjoys what's happening at the CCS even if his initial involvement was just a "business opportunity."

We have a financial stability and much to look forward to.

I suppose I've been lucky; the qualities of the player in the shirt, rather than the shirt colour has always been more important to me.

Everything is not rosy in the world of football, but we might as well ride the wave standing up than floundering. And worrying about financial matters that you have no control over is wasted effort

I can envisage the Premier League sanctioning games abroad, so if we are part of it get saving for a trip to Malaysia!

[nugentFirst Team Regular]

Debts a given now in football sadly. dont forget we got the financial fair play rules now so i for one will wait and see if that ruling does anything to help.
Salary capping might be an alternative, but with that i think the best players will go to sunnier climates and or tax free countries. i dont think we can have it both ways.

[Arkay DubyaGlobal Superstar]

I think it speaks volumes about how far the club has come that some on here saw Fraizer Campbell as a bit of an underwhelming signing. This is a player with a proven Championship record, played regularly in the Premiership and has an England cap as recently as Feb 2012.

We are breaking new ground gentleman (and Kate)!

[Tyrion TannisterGlobal Superstar]

Arsenal are owned by an Anerican businessman, and their financial model is vastly superior to ANYONE else in the league. There's no reason why a foreign owner can't get a club to be successful in the premiership.

It's estimated that a clubs revenue raises three times once they enter the premiership. As long as we don't do a Southampton or QPR, we can't help but make much more money.

[NN2Red2Vice Captain]

Arsenal are owned by an Anerican businessman, and their financial model is vastly superior to ANYONE else in the league. There's no reason why a foreign owner can't get a club to be successful in the premiership.

It's estimated that a clubs revenue raises three times once they enter the premiership. As long as we don't do a Southampton or QPR, we can't help but make much more money.

I think that it is fair to say that Arsenal were, financially, a very well run club before the American took sole ownership. And then they go and spoil it all by paying Walcott, WALCOTT, £100,000 per week.
Still........they are awash with cash, but not much silverware, which is why the £1000+ per year season ticket holders are a bit miffed.

Shame...

[The TonkerNational Legend]

I guess in Walcott's case, Arsenal were getting a bit desperate to stop another big name leaving the club.

[NN2Red2Vice Captain]

I guess in Walcott's case, Arsenal were getting a bit desperate to stop another big name leaving the club.

Well it's a bit late, all the biggest names have gone!! Walcott's a lucky boy!

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