Why Cardiff finally sold us JB

[Paulus]

http://www.walesonline.co.uk/sport/.../cardiff-city-accounts-bluebirds-lose-8727278

Be careful what you wish for eh? A money bags chairman promising game changing investment but the background on Cardiff shown here looks horrendous. The comments from the fans below are revealing, it doesn't seem to have made them very happy. It's not just the financial position of course he's ripped the tradition out of the club, I am unbelievably glad this hasn't happened to the Blades.

 

[Gavlar]

http://www.walesonline.co.uk/sport/.../cardiff-city-accounts-bluebirds-lose-8727278

Be careful what you wish for eh? A money bags chairman promising game changing investment but the background on Cardiff shown here looks horrendous. The comments from the fans below are revealing, it doesn't seem to have made them very happy. It's not just the financial position of course he's ripped the tradition out of the club, I am unbelievably glad this hasn't happened to the Blades.

Cardiff were mighty fortunate not to go out of business a few yrs ago, football clubs need to learn to run themselves as businesses or go bankrupt

 

[SwissBlade]

Oh dear, how sad, never mind. Twats

 

[super_pig]

changing to red because it is 'lucky' doesn't seem to have paid off .. lmao

 

[JohnDenver]

football clubs need to learn to run themselves as businesses or go bankrupt

Agree with that, but SUFC had a dip at it and nearly found themselves in Div2.

It's great when you're West Brom or Swansea and riding the crest of a wave. But for every winner there's a loser, and losing is bastard expensive.

However much our failure is their fault, if McCabe and the Prince had deemed us to be an ordinary business they'd have cut their losses long ago, and we'd be lucky to exist at all. The Championship is full of financial basket cases, and sooner or later we'll have to compete with the insanity.

 

[Bladesway]

Another club Risdale has had his paws in with. Feel sorry for the genuine fans of any club that has their soul ripped out by moneymen like this. Cardiff have a genuine fan base like all clubs and it's those people who don't deserve it.

 

[grafikhaus]

Yet another club with very recent experience in the PL who are now in free-fall. What happens to all the 'riches' to be had in the PL? What has happened to the 'parachute payments'? To see Blackpool (incredibly, in the PL in 2010/11) scuffling against Wigan (eight years in the PL and FA Cup winners in 2013) and both probably getting relegated is incredible. Sure, in Mackay and Clarke (the 'Danny Wilson' of management) they have incredibly crap managers and that has a lot to do with it, but this is fiscal ineptitude on a grand scale.

Could it be that the owners of certain clubs (particularly foreign) see the opportunity to paint clubs into a financial corner, loan money to the club at a rate unavailable on the open market and, once they have racked up incredible debts (Cardiff, Bolton etc.), know that they - like the banks - are 'too big to fail' and lurch on from one crisis to another?

(Talking of 'free-fall', I see Harry Maguire is currently with Wigan. All very sad.)