Reply With QuoteI saw something online that 21st was the deadline so we will hear beginning of this week?Originally Posted by The Hooded Claw
Very vague I know, can't remember where I read it I've read so much shit the last week or so concerning transfers.
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Any insight in the delay in publishing the retained list?
It makes it look like at least one out of contract player’s fate is undecided.
I saw something online that 21st was the deadline so we will hear beginning of this week?
Very vague I know, can't remember where I read it I've read so much shit the last week or so concerning transfers.
Us and West Brom are the only clubs in all 4 Divisions who have yet to show their retained list.
Probably Joe Ralls.
My thoughts exactly.
Other clubs have published their lists, saying which players are going, which are leaving and which they are still talking too.
West Ham also havent announced their list.
Think ive read somewhere the EFL publish them the 2nd week in June.
Right?
West Brom posted theirs right after this. Come on City ffs.
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
Yup, that’s what I think they’re waiting on. Glen Williams has said he has asked, and the club are in “no rush”
Oh yeah, that too
In what respect?
If we have to pay for Sala
Gotcha.
Shows what I know. I thought it was all accounted for..
It is… but Tan would still rather not pay for it
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.
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
Still no decision from the Michael Isaacs case yet either.
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.
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.
He seems to know what he's doing, lets hope your right with as many of them as possible
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