Originally Posted by
cardiff55
This story has a long way to run I think. Sala would have appeared to be City player, even if the paperwork was incorrect. That could have been sorted out when he arrived in Cardiff.
As said by someone above, they money is accounted for. That doesn't mean it is sat in an account somewhere, just that City's accounts have mad a provision for it. I think it's an overstatement to say City will go bust because of it. We paid for Madine, and the agent fees, signing on fees and two years worth of wages too, and may have even had to pay him off. That accounts for a lot more than the transfer fee of a reported £6m. The club is still around.
It is right for the club to fight the case and not simply hand over the money. It could cost a lot but the club may win. If they lose I reckon the club will go after the other people involved, we know who they are. We were supposedly paying £15m for a player valued at £6m six months before, various third parties were involved in the deal and where was all the money going? How much were Nantes due to receive for the player, not the £15m quoted I suspect. Maybe half of it with rest going to the third parties. The same people who arranged the flight that ended up in his death. And we surprisingly had the two McKay brothers on our books at the time, players who have done not a lot in the game. We also have not paid out in wages/NI etc for the two years , but conversely do not have an asset we can sell on, even at a reduced amount.
I think will be lots of twists and turns over the next couple of years on this one.
And the club fighting Isaacs and Hammam in court too at the moment. How much more does Hammam want our club to bleed for him?