Quote 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.