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by Green_Matt
» 18:44 16 Aug 2010


boletus edulis wrote: They seem to lead a charmed existence in their paralllel universe.

More of a third-world country than a parallel universe, surely?
PAFC - Pride Of Devon

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by Greenskin
» 19:05 16 Aug 2010


Orestonian wrote:
Phenom wrote: Pompey havent been buying since their debt was announced so i dont class them in the same boat as Cardiff.

Cardiff will fold in the next 2 years if they dont start to live within their means very soon.


Or win promotion ?


Precisely.No matter what you think of the way Cardiff have done this,they have been successful where it really matters-on the pitch,certainly when compared to Argyle-our "success" was to reach 4th position ,then totally bottle it when the crunch came.Not saying the Cardiff model is ideal but they have established a fanbase of 18-20000 from a far less promising situation [they were averaging 11000 compared to our 13000 at one time] than Argyle's,have reached a cup final and consistently challenged for at least the play offs.I find it very strange that those who claim the moral high ground when criticising Cardiff for their methods did not pick up on Mr Campbells answer to a question about how the proposed new facilities were to be funded last week,when he stated that borrowing was likely to be a major part of paying for them.Can't see much difference myself-surely there would be as much risk involved in this [especially the retail and hotel aspect] as there would be in using the money to pay for a good squad of players? No doubt somebody will put me right on this issue,look forward to some stimulating replies.

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by Ian Newell
» 20:05 16 Aug 2010


So, are you suggesting that Cardiff have adopted a sensible business model then?

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by Mike Hughes
» 20:26 16 Aug 2010
Deactivated


Sky sources claim Cardiff aren't in talks with Man City and that Bellamy is returning to Man City training tomorrow.
http://www.plymouth.vitalfootball.co.uk

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by Ghost
» 20:43 16 Aug 2010


Mike Hughes wrote: Sky sources claim Cardiff aren't in talks with Man City and that Bellamy is returning to Man City training tomorrow.
Now all the Cardiff fans can go home and kick the sheep.

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by Greenskin
» 20:51 16 Aug 2010


IJN wrote: So, are you suggesting that Cardiff have adopted a sensible business model then?


If you read my post above,then the answer no, i don't think their policy is sensible but it certainly seems to have worked in some ways.As can be seen from the figures quoted above,the success on the pitch has led to a huge percentage increase in their attendances and a new stadium,both of which will stand them in good stead in the future,not to mention a squad of players probably good enough to challenge again this season.We shall see if the new investor at Cardiff is kosher,judging by the signing of Koumas and possibly Bellamy,they may have a bob or two available.On the other hand,you can't really call a policy in which asset stripping our club of its best players,with the inevitable consequences such as relegation and a situation whereby the club is losing shedloads of money and 8000 fans per week compared to 2005 as sensible either,can you? My stance would be somewhere in between FWIW-i've never advocated a Ridsdale type spree but judicious risk when opportunity arises would seem to be a reasonable judgement and is a course of action never followed by any Argyle board,with the resulting mediocre record of achievement.

BTW,what is your opinion on Argyle possibly borrowing considerable money to pay for the new facilities,with the risks that would inevitably be involved?

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by Lee Payne
» 07:37 17 Aug 2010


I cannot believe that Bellamy who probably has another 2-3 years at the top would want to drop into the championship when teams such as spurs and everton want him. I also cannot believe that with all their money troubles, Cardiff could afford him!!

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by Greenskin
» 08:22 17 Aug 2010


Babararacucudada wrote: It isn't actually Argyle that is borrowing that money, though, is it?


In technical terms,no,its not the football club.But that didn't stop Southampton going into admin,in spite of their best efforts to wriggle off the hook using the same type of methodology,ie splitting the football club from the holding company and claiming they were not interrelated.Worse case scenario;PAFC Holdings borrow a sum of £15m from banks to partially pay for the South stand.Problems are encountered in meeting the repayments and PAFC and PAFC Holdings go into admin,which they surely would if the Saints precedence is anything to go by.A CVA is drawn whereby local businesses get only a fraction of what they are owed.I remember in the past that you have quite rightly pointed out that in the Portsmouth case the effect this could have on local employment etc,so what exactly is the difference morally between other clubs embarking on a risky strategy and Argyle doing the same? Genuine question,i really can't see the difference.

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by MylesPAFC
» 08:55 17 Aug 2010


If they get into the premiership and can stay in there then fair play to them it will have paid off for them due to the ridiculous difference in revenue from the Championship up to the prem. But if they don't get promotion then they are in the deep end and wont get out of it, to risky in my opinion.

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by The Doctor
» 11:03 17 Aug 2010
Lowey Sponsor


Surely any organisation that is owed money by Cardiff City would object to this move and adopt a tougher line in future financial proceedings. As a UK citizen I am not exactly overjoyed to learn that an entity that owes my country a significant amount of money is able to go ahead and spend money that it doesn't really seem to have in this way.

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by FordGreen
» 11:05 17 Aug 2010


Not wishing ill of the player but oh how I'd laugh if Cardiff sign Bellamy and he does a 'Walton' and the sheep shaggers end up paying half his wages for an entire season!! :) Poetic justice as far as I'm concerned. :wink:

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by Ian Newell
» 11:24 17 Aug 2010


It HAS happened!!

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by tonycholwell
» 11:36 17 Aug 2010


IJN wrote: It HAS happened!!


If finalised, this is such a waste of a talented player with all due respect to Cardiff.

Football truly gone mad.
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