Originally Posted by
jon1959
That was really interesting - as always with Swiss Ramble.
I didn't realise that parachute payments will only be for 2 years if we go straight down (currently £42m and £34m according to SR).
Stripping out promotion bonuses the Cardiff wage bill compared well with the rest of the division (Sheffield Utd surprisingly low and Aston Villa astronomic), and most of the other key numbers show the club to comparatively healthy, if dependent on continuing financial support by Vincent Tan. Unlike last time, this brief stay in the top league will put the club into major profit when the next set of accounts are published.
I would be interested to see Keith Morgan's take on the analysis.
Thanks for posting, Paul.