Chrysalis
Active Member
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.
Jeff all clubs borrow money even those at the top of the major leagues, I am glad cardiff didnt get docked points as I find that unfair, we are at the bottom spending more money than cardiff, our fate is our own fault not theirs.