James Smith
Well-Known Member
The football club is administration Tim :facepalm:
The football club is administration Tim :facepalm:
Getting very heated in there right now.
The Cardiff owners initially announced it and with the backlash then announced that they'd dropped the idea. There was no further dialogue or interaction before they then changed colours a few weeks later. Cardiff fans were given no option or warning after being told it was dropped.If I remember correctly, they were asked and they didn't like it. The owners were then thinking about selling up as its what they really wanted to do with the club. Due to the unknown, Cardiff fans just accepted it then.
Hope someone has recorded this.
Tim says club is not for sale .. how is it then the Administrator is inviting bids to buy it ?
I imagine it will be on iplayer shortly after it finishes or by tomorrow at the latest.
Tim says club is not for sale .. how is it then the Administrator is inviting bids to buy it ?
The football league are clueless and we now know the legal case it's in holdings is a strong one.
Need it recording because he said things at the last one I'd love to play back to him and question him on..
Like for instance he said last year they had converted 35m debt to equity. So how are we now 70m on debt and not half of that?
If they eventually find the GS to be in Holdings, are they then going to sue the FL for the 10 points and any other related costs?
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