Cardiff’s debt

[FelindreJack]

109 million

 

[Risc]

Is that down on last year though?

 

[BLAZE]

For such a small club that's an astonishing amount

 

[DJack]

For such a small club that's an astonishing amount

So you are saying that in that regard they are champions. :lol: :lol: :lol: :lol:

 

[PSumbler]

That is just plain madness

 

[Niigata Jack]

Tan isn't pushing for the 109 mill to be repaid though, so its just a figure at this moment in time in it??

The court cases is probably where the crunch will probably come from, they lose them and the shit will then hit the fan.

 

[Dr. Winston]

Plenty of people would cheerfully have seen us in the same boat.

Clubs have to be made to control costs. FFP is a joke. Stoke just announced another £50m+ loss. £130m+ in the last two years, and somehow don't fall foul of it.

 

[Darran]

Don’t care. Off you f*ck.

 

[Swanjaxs]

After a shìt few years with Brexshit, Covid and now that bellend Puketin, Cardiff going under would be the absolute dogs bolloxs, can't see it happening though unfortunately.

 

[CurtessECarr]

I think we should have a bucket collection at the stadium for them tomorrow. I've 3 buckets they can have.

 

[JA News]

You can throw many criticisms at Swansea City owners – both past and present – but the one thing that has been consistent over the past twenty years has been the desire for the club not to spiral into debt. The club has largely lived within its means for many years now and even on […]

Read more

 

[sainthelens]

But they've got lovely concourses tho,can't they sell them then ?

 

[Uxy]

You can throw many criticisms at Swansea City owners – both past and present – but the one thing that has been consistent over the past twenty years has been the desire for the club not to spiral into debt. The club has largely lived within its means for many years now and even on […]

Read more

I'm not sure how true that is anymore.

There was an eight figure loan last year and Winter has said more is needed this year. Seems pretty clear we're running beyond our means.

 

[JustJack]

They have 3 outstanding court cases coming to a conclusion soon.