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Bluebirds transfer rumours

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  • Re: Bluebirds transfer rumours

    Originally posted by Undercoverinwurzelland View Post
    The nation is holding its breath waiting for the CCFC retained list and the Sue Gray report.
    And the court of arbitration for sport decisions

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    • Re: Bluebirds transfer rumours

      Originally posted by Hilts View Post
      Probably Joe Ralls.
      Yup, that’s what I think they’re waiting on. Glen Williams has said he has asked, and the club are in “no rush”

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      • Re: Bluebirds transfer rumours

        Originally posted by Rjk View Post
        And the court of arbitration for sport decisions
        Oh yeah, that too

        Comment


        • Re: Bluebirds transfer rumours

          Originally posted by Rjk View Post
          And the court of arbitration for sport decisions
          In what respect?

          Comment


          • Re: Bluebirds transfer rumours

            Originally posted by dembethewarrior View Post
            In what respect?
            If we have to pay for Sala

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            • Re: Bluebirds transfer rumours

              Originally posted by Pedro de la Rosa View Post
              If we have to pay for Sala
              Gotcha.

              Shows what I know. I thought it was all accounted for..

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              • Re: Bluebirds transfer rumours

                Originally posted by dembethewarrior View Post
                In what respect?
                Originally posted by dembethewarrior View Post
                Gotcha.

                Shows what I know. I thought it was all accounted for..
                It is… but Tan would still rather not pay for it

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                • Re: Bluebirds transfer rumours

                  The outcome of the Court for Arbitration in Sport is a valid point. I would imagine that the club have factored in a negative outcome into the overall club budget for the forthcoming season and consequently their activities in the transfer market. If it is a positive outcome and let's hope so, then £15m would be written back from the balance sheet. This would vastly improve the Profit and Sustainability position but I imagine would not improve the availability of funds. No doubt Keith could confirm this.

                  Comment


                  • Re: Bluebirds transfer rumours

                    Originally posted by Pedro de la Rosa View Post
                    It is… but Tan would still rather not pay for it


                    Still, how long do they think they can drag it out, like the CAS decision is gonna magically appear to save the day before we announce it early this week

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                    • Re: Bluebirds transfer rumours

                      Still no decision from the Michael Isaacs case yet either.

                      Comment


                      • Re: Bluebirds transfer rumours

                        Originally posted by Enoch Mort View Post
                        The outcome of the Court for Arbitration in Sport is a valid point. I would imagine that the club have factored in a negative outcome into the overall club budget for the forthcoming season and consequently their activities in the transfer market. If it is a positive outcome and let's hope so, then £15m would be written back from the balance sheet. This would vastly improve the Profit and Sustainability position but I imagine would not improve the availability of funds. No doubt Keith could confirm this.
                        The provision is £20m.
                        You’re right, though. If Cardiff City are found to not owe Nantes, then it just means they can unwind the provision in their accounts, but sadly, it doesn’t necessarily mean that there is £20m sitting in the bank.
                        It puts things into perspective. This was a young man’s life and it’s become an ugly business.

                        Comment


                        • Re: Bluebirds transfer rumours

                          Originally posted by The Hooded Claw View Post
                          The provision is £20m.
                          You’re right, though. If Cardiff City are found to not owe Nantes, then it just means they can unwind the provision in their accounts, but sadly, it doesn’t necessarily mean that there is £20m sitting in the bank.
                          It puts things into perspective. This was a young man’s life and it’s become an ugly business.
                          I’m guessing that the transfer fee would be £15m which, if successful, would be written back. I assume the balance of the provision is for legal costs which we have probably been incurring at a rate of knots.

                          Comment


                          • Re: Bluebirds transfer rumours

                            As far as I know there are multiple ways of posting a provision both with and without actually having the money. Just because there’s a provision doesn’t mean the money is physically available.

                            Hopefully Keith to the rescue.

                            Comment


                            • Re: Bluebirds transfer rumours

                              Originally posted by Des Parrot View Post
                              As far as I know there are multiple ways of posting a provision both with and without actually having the money. Just because there’s a provision doesn’t mean the money is physically available.

                              Hopefully Keith to the rescue.
                              It means there is an accrual in the accounts ( liability on the balance sheet) but it doesn’t mean we have the cash to pay it.

                              Comment


                              • Re: Bluebirds transfer rumours

                                Originally posted by Carl Dale's Mole View Post
                                I'm still not convinced Tan won't spend this window. He knows what he's doing:

                                1) Pretend like we have no money right now.

                                2) Use being broke as a negotiation tool.

                                3) Bring in cheap players for cheap prices.

                                4) Sign Bale on the cheap.

                                5) Spend 15 million on 2-3 quality players.

                                6) Mid table finish.
                                He seems to know what he's doing, lets hope your right with as many of them as possible

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