Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Enoch Mort
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.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
The Hooded Claw
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.
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.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Des Parrot
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.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Carl Dale's Mole
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 :thumbup:
Re: Bluebirds transfer rumours
Talks with Kasey Palmer have broken down
Can’t say I’m too disappointed about that!
https://twitter.com/glenwilliams12/s...njBvUIGnz92SOg
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Pedro de la Rosa
meh
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Pedro de la Rosa
https://www.bristolpost.co.uk/sport/...-plans-7119338
https://www.walesonline.co.uk/sport/...-city-24069804
The reports say he is on a £1.2m pa salary with a year left on his Bristol City contract - and that he only played 204 minutes in the Championship last season before being bombed out by Nigel Pearson. So expensive (there might also have been a transfer fee involved unless Bristol City just want to get rid), stale and unwanted.
I'm not disappointed either.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
jon1959
I guess they wanted a fee (I doubt, they'd probably rather save the 1.2m), or he wanted somewhere around the same 1.2m in wages and we said no/the clubs couldn't agree to a compromise.
Re: Bluebirds transfer rumours
If he wants to see his contract out then a loan option would be the way forward.1.2m a year in wages is not in our ballpark nor I suspect would we be likely to pay half of that for a loan so probably won't happen.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
sneggyblubird
If he wants to see his contract out then a loan option would be the way forward.1.2m a year in wages is not in our ballpark nor I suspect would we be likely to pay half of that for a loan so probably won't happen.
23k a week give or take so half that could technically be in our range..
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
dembethewarrior
23k a week give or take so half that could technically be in our range..
I think he's ok at this level, wouldn't be a terrible signing but not at that kind of wage.
hopefully we've turned him down because we have a much better option lined up....
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Rjk
I think he's ok at this level, wouldn't be a terrible signing but not at that kind of wage.
hopefully we've turned him down because we have a much better option lined up....
Better for less
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Hilts
West Ham also havent announced their list.
Think ive read somewhere the EFL publish them the 2nd week in June.
West Ham just did theirs so that leaves only us. CUM ON MUN!
Re: Bluebirds transfer rumours
come on it's been an entire week since we signed anyone, get a move on Morison.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Rjk
come on it's been an entire week since we signed anyone, get a move on Morison.
This week was always going to be slow, according to WOL.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Rjk
come on it's been an entire week since we signed anyone, get a move on Morison.
Signings schmignings, announce pre-season!
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Carl Dale's Mole
West Ham just did theirs so that leaves only us. CUM ON MUN!
I take the delay probably because there are a few loose ends to tie up with a player or two.
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
TWGL1
I take the delay probably because there are a few loose ends to tie up with a player or two.
The retained list has to be with the EFL by 21May, I believe, so I dont fully understand the delay
Re: Bluebirds transfer rumours
Quote:
Originally Posted by
Former Labour leader
The retained list has to be with the EFL by 21May, I believe, so I dont fully understand the delay
Come on, you can’t expect them to sell season tickets and issue a retained list at the same time can you.