[cite]Posted By: ross[/cite]Fee agreed and medical to be completed Monday
Thank f*ck for that. The sooner we get some cash and get rid of his wages the sooner we can buy a player who actually looks like he wants to play for us.
He is due to sign today but £1M is highly unlikely, however even if it is £500k with his wages that is at least £1.5M out of the £5M black hole we have to fill before we can buy!
Bougy is travelling with the squad today to Spain, but is likely to be speaking to Betis rather than training with the players, the only thing stopping this one going through would be a failed medical now which will be a crying shame, the lack of genuine quality left in the squad is now a real concern for me, my expectations for the season are lowering by the day :-(
where did this 5m black hole suddenly appear from. My understanding was that we had to sell before we could buy but now it appears to be that we have to fill a 5m hole before we can buy. That is a completely different scenario.
What £5million hole ? FFS never herd anything about a debt that size at all. The emergancy shareholders AGM was to agree that shares etc could be raised to get rid of long term debt. It/they were. We also have the parashute money.
If we sell Bent and Big Chris i see on reason that Boogie goes and i would expect all the transfer money to go to Pards.
We will have to run with a far smaller squad, but thats the economics of this level. Plus side we should see the kids get a good run.
[cite]Posted By: Goonerhater[/cite]
We will have to run with a far smaller squad, but thats the economics of this level. Plus side we should see the kids get a good run.
Its not a bad thing either, Pards had too much choice last season and as a result we never had a settled team
I'm of the optimistic belief that this 'need for funds' has been overstated.
We all know we had to bring in some money, and reduce the size of the squad and wage bill. But there is no way you can put definative figures on it. Everything will depend on who leaves, how much we get for them, and what wages they were on.
The £5M is the difference needed between Wages & Transfer fees. Staff have been cut (Robson) players are being sold McCarthy £650k + Wages, when you tally all that up particularly if Bent £500k + £1M wages & Bougherra £2.5M + Wages that is your £5M. Then there is possibly Illuwellumo going £500K + Wages
Selling & then using ALL the money to buy, your living in dream world, if that was the case I would not sell Bougherra our Best player when we are so light numbers wise in that area.
I think the £5m was the shortfall from the £20m they needed to raise through the shares which was discussed at the AGM. This needs to be raised through player sales. Cuts in salary bills are in addition to this £5m as the budgets have been cut to ensure the same debt problems dont arise.
Comments
Thank f*ck for that. The sooner we get some cash and get rid of his wages the sooner we can buy a player who actually looks like he wants to play for us.
http://www.cardiffcityfc.premiumtv.co.uk/page/NewsDetail/0,,10335~1343167,00.html
Are they counting at schoolboy level too! Suppose that's one way to polish a turd!
Gabba gabba one of us one of us
Anyone else got this fear he will fail his medical ??
Any rumours on the size of the fee ?
various reports out of Wales suggest 1m
You're normally the one in the know AFKA!
I hear £1m aswell - but if we got the same for Iwelumo I would be chuffed
rumours of 900k for Iwelumo are way off the mark I reckon, 500k max imo
has he gone yet
If we sell Bent and Big Chris i see on reason that Boogie goes and i would expect all the transfer money to go to Pards.
We will have to run with a far smaller squad, but thats the economics of this level. Plus side we should see the kids get a good run.
Its not a bad thing either, Pards had too much choice last season and as a result we never had a settled team
We all know we had to bring in some money, and reduce the size of the squad and wage bill. But there is no way you can put definative figures on it. Everything will depend on who leaves, how much we get for them, and what wages they were on.
We still, at present, have a very sizeable squad.
Selling & then using ALL the money to buy, your living in dream world, if that was the case I would not sell Bougherra our Best player when we are so light numbers wise in that area.
I think the £5m was the shortfall from the £20m they needed to raise through the shares which was discussed at the AGM. This needs to be raised through player sales. Cuts in salary bills are in addition to this £5m as the budgets have been cut to ensure the same debt problems dont arise.