Cardiff Could Save us from the drop.

[Jeff]

The end game for the business plan is the Prem. Hammam knew it, Ridsdale knows it and Milan is doing the same (if badly).
If he does a moody and leaves you with high wages and other commitments (manager contracts) which you then find you can't pay, will you think that you were cheating?

The difference is that Cardiff may have been spending money they don't have, when they haven't paid back money they owe for the loans.

I think all clubs should try to live within their means. Borrowing to fund possible success is a dangerous thing to do, but some people see the potential rewards and take the gamble anyway. It's particularly dangerous if you have one person who owns the club and can do what he wants with it. Gretna is the latest in a long line of clubs in trouble because of this kind of gambling.

 

[Foxes_Trust]

The end game for the business plan is the Prem. Hammam knew it, Ridsdale knows it and Milan is doing the same (if badly).

Hammam - led to Cardiff difficulties now

Risdale - look what he did to Leeds, and where are they now?

 

[RHYDAL]

The difference is that Cardiff may have been spending money they don't have, when they haven't paid back money they owe for the loans.

True. But legal interpretation problem rather than cheating.

I think all clubs should try to live within their means. Borrowing to fund possible success is a dangerous thing to do, but some people see the potential rewards and take the gamble anyway. It's particularly dangerous if you have one person who owns the club and can do what he wants with it. Gretna is the latest in a long line of clubs in trouble because of this kind of gambling.

Utopic view. All businesses have an in built amount of risk (except maybe undertaking). More so in football where success and failure hang on 90 minutes of ball kicking.
Who's to say what a reasonable risk is. Sunderland poured in a shed load of cash last year and reaped the reward. Why should other clubs be prohibited. It's a laisee faire (excuse my French) economy.

 

[RHYDAL]

Hammam - led to Cardiff difficulties now

No sh*t.

Risdale - look what he did to Leeds, and where are they now?

Who cares?

I seem to be attracting some heavyweight attention here. Jealousy perhaps?

 

[alex]

I am so happy Leeds are where they are now....

 

[Lboro fox]

No sh*t.


Who cares?

I seem to be attracting some heavyweight attention here. Jealousy perhaps?

We don't have a great deal to be jealous of, though obviously we wouldn't like to be so close to relegation. The FA cup semi-final would be great, but then so would a highly fortuitous draw allowing us to get to the semi-final so easily would be just as great! I think you need to dig a bit further if you think city fans would be jealous of cardiff! Bristol maybe, not cardiff!

 

[RHYDAL]

We don't have a great deal to be jealous of, though obviously we wouldn't like to be so close to relegation. The FA cup semi-final would be great, but then so would a highly fortuitous draw allowing us to get to the semi-final so easily would be just as great! I think you need to dig a bit further if you think city fans would be jealous of cardiff! Bristol maybe, not cardiff!

http://www.talkingballs.co.uk/showpost.php?p=655101&postcount=60

Sure about that?

 

[Jeff]

All businesses have an in built amount of risk (except maybe undertaking). More so in football where success and failure hang on 90 minutes of ball kicking.
Who's to say what a reasonable risk is. Sunderland poured in a shed load of cash last year and reaped the reward. Why should other clubs be prohibited. It's a laisee faire (excuse my French) economy.

The problem is only a few clubs can be successful each season. So for each club where the gamble comes off, there will be other clubs putting their future at risk.
There should be something like a salary cap like they have in the lower leagues, it could stop some of the stupid spending that goes on.

 

[RHYDAL]

The problem is only a few clubs can be successful each season. So for each club where the gamble comes off, there will be other clubs putting their future at risk.
There should be something like a salary cap like they have in the lower leagues, it could stop some of the stupid spending that goes on.

The real problem is the rewards on offer for success. £50m is it currently for promotion to the Prem?
It encourages gambling. Until the chasm of difference between the money paid to Prem teams and other divisions is closed then the problem will always exist. You can put salary caps on the Championship but all it will encourage is the use of brown envelopes. Better to have transparency and regular independent audits by the FA and League to prevent teams borrowing or contracting to wages for amounts which their revenues/assets can't cover.
Prevention is better than a cure.

 

[Disco Bob]

The real problem is the rewards on offer for success. £50m is it currently for promotion to the Prem?
It encourages gambling.

Sorry?

And hard-core porn encourages rape?

Whatever happened to self control?

 

[bocadillo]

It's a laisee faire (excuse my French) economy.

That must be Welsh - it certainly isn't French.

 

[Harbfox]

That must be Welsh - it certainly isn't French.

One would suspect his french is better than his welsh

 

[RHYDAL]

One would suspect his french is better than his welsh

Your speciality is going down isn't it?:icon_wink

 

[RHYDAL]

That must be Welsh - it certainly isn't French.

I did excuse myself. No respect for the French.

 

[RHYDAL]

Sorry?

And hard-core porn encourages rape?

Whatever happened to self control?

Not a good analogy, as the lure of cash in that industry also encourages the naive to do things that, ordinarily, they would not do.
And it's one step away from prostitution, slavery, drugs and child abuse.

 

[spionfox]

Your speciality is going down isn't it?:icon_wink

George Michael eat your heart out.

 

[bocadillo]

Not a good analogy, as the lure of cash in that industry also encourages the naive to do things that, ordinarily, they would not do.

I would say that it is a very good analogy for exactly that reason.

 

[RHYDAL]

I would say that it is a very good analogy for exactly that reason.

Try option 1.

 

[bocadillo]

Try option 1.

eh?

The lure of success in football causes many clubs to take unwise financial decisions. Surely you can't disagree with that.

 

[RHYDAL]

eh?

The lure of success in football causes many clubs to take unwise financial decisions. Surely you can't disagree with that.

Of course I can't. I said it myself FFS. Bob was trying to argue against that using the porn analogy. I merely highlighted how it offered support to my arguement not his.
And the options are in my signature.