Craig Bellamy

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Ian Royal
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Re: Craig Bellamy

by Ian Royal » 18 Aug 2010 22:19

Good ideas Stranded - Paps.

There is still something inherantly wrong about a club buying up more talent at it's level than it can field and shipping some of it out to lower lever clubs for a tiny fraction of the player's wages just to prevent a competitor having them. Especially to a team that has just come out of a transfer embargo and is reportedly now paying something like double the average wage at it's level as a contribution for that player. Despite still owing money to other clubs, let alone businesses.

And I still say there weren't many clubs in the PL that would have been interested in Griff, Khiz or Bertrand, but there are plenty who would be for Bellamy. And I bet we were paying a far larger percentage of the wage as well.

I'd say that once teams come out of a transfer embargo, there should be residual limits on the max transfer fees they can make (and length of payment plans) and max wages they can pay to any incoming player until all the outstanding debts are paid, and possibly they can show they are now running themselves in a more viable way and keeping up to date on Tax.

That would hopefully prevent clubs from going straight back into the shit and limping on until they go into Admin again a couple of years later, once they get an agreement in place.

But as Dirk says, it's all fire fighting, when the real trick is making finance such that they can't get into these problems through mismanagement in the first place.

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Re: Craig Bellamy

by Stranded » 19 Aug 2010 09:12

Football League demanding proof that Cardiff have the means to afford the deal before registering Bellamy due to Cardiff's current debt liabilities.

http://news.bbc.co.uk/sport1/hi/footbal ... 926215.stm

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Re: Craig Bellamy

by 6ft Kerplunk » 19 Aug 2010 11:24

Just wish I had confidence in any football authorities being able to audit a football club's finances properly let alone have the balls to say no after they've done it.

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Re: Craig Bellamy

by No Fixed Abode » 19 Aug 2010 12:43

Stranded
Terminal Boardom To solve this loan nonsense once and for all, the parent club should pay 100% of the wages of said player. The parent club own the contract and if they want their players to get game time then they should continue to pay the wages. This might reduce the sizes of squads and reduce the burden on all clubs.


Just scrap the loan system full stop for players over the age of 21 - use it for youth development only. Players coming back from injury can play reserve games.

Clubs will then have to manage their squad numbers more sensibly.


Haven't lots of clubs scrapped their reserve sides though to save costs?

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Re: Craig Bellamy

by Dirk Gently » 19 Aug 2010 16:41

a view from a Cardiff message board :
The amount of stick thrown in Cardiff City's direction in the last 24 hours has been shocking.

Not everyone is against us. We have received some goodwill messages from Man City fans, some reasonable and balanced coverage from some of the tabloids, broadsheets and tv/radio stations but there is an underlying current of resentment about our signing of Craig Bellamy. Some of the comments from the more gutter radio shows have been jaw-dropping.

I think there is an element of disbelief from the EPL that we took one of their star players. An element of jealously from the Football League that we have made ourselves favourites for promotion but moreso the thing that wrankles them is that we were close to going bust a few weeks ago and now we have signed a player who reportedly earns around £90K a week.

Instead of looking at our current situation or what we have been trying to achieve we get backpage headlines like the one from the Daily Express "How can a club which has faced 4 winding-up orders sign £85,000 a week Craig Bellamy".

Well if they did some resaearch they'd find that Man City are paying most of his wages. Cardiff are paying a percentage. All perfectly legal and within the loan rules. Loan moves happen all the time. Parent clubs tend to pay the bulk of the wages. Same thing happening here. No need to threaten his registration or to throw ones toys out of the pram.

The carefully planned outburst from the Motherwell Chairman shocked the football world nearly as much as Bellany signing for us. He called us cynical for not paying our bills. Actually, I agree to an extent. We should not still be owing Motherwell. We are tackling these debts and that one in paticular has not yet been fully resolved. The matter should be sorted soon but it does beg the question of the hypocrisy of a man who saw his airline company go bust leaving thousands stranded and out of pocket, click here, and the same chap was at the helm of Motherwell when they went into administration leaving their creditors with just 15p in the pound, click here.

Cardiff City did not take the easy option of administration and a chance to get away without paying everyone but instead chose (thanks to the new investment from Malaysia and from current directors) to tackle the debts head on.

Portsmouth, the tax man claims, owes £37m to HMRC. Cardiff City owe then the July payment at most. Just about all the footballing debts have been settled by the new reigime at the CCS. The random borrowings by Peter Ridsdale are being sorted, the debts to other clubs are being covered. The players/staff wages are all upto date and the tax man has dismissed his intended high court action because we have delivered the money we promised.

We still have a debt, mostly to Langston (Sam Hammam's interest) but it's a fraction of the debt owed by some top Premier League sides but crucially it's a debt we are facing and not bailing out from by taking the administration route.

Maybe the Football League should be investigating Crystal Palace who went into admin, have offered their creditors a couple of pence in the pound and are now about to sign Edgar Davids. They should still be investigating how Portsmouth can get away with settling already mega rich players bonuses while leaving the tax man to fight for scraps.

Cardiff's signing of Craig Bellamy has close on paid for itself already. We don't know the exact amount Cardiff have to pay in wages but it's thought to be £20K a week. 24 hours after his signing we sold nearly 4,000 shirts @ £40 each, 500 season tickets @ £300 each and the gate will be increased by about 5,000 @ £20 each on Saturday.

Roughly that's about £400,000 on the back of him signing. 20 weeks of wages brought in from the first 24 hours of business.

The man pays for himself. Cardiff have not paid a penny in transfer fees this summer. Season long loans for Olofinjana, Koumas, Drinkwater and Bellamy. Free transfer for Tom Heaton. Upto 10 players leaving who are now off the wage-bill. At the same time debts settled by re-structure or in some cases the exchange of debt to shares in the club.

The football world should be applauding the efforts of TG, Vincent Tan, Steve Borley etc for their dedication to honouring what we owe while at the same time making Cardiff City Football Club a force in the Championship and hopefully becoming a Premier League by the end of the season.

Cardiff City have made a statement of intent this week. We've shocked the football establishment and they don't like it.

Keep them stones in your pockets people.


I don’t blame Cardiff – good luck to them for taking advantage of their windfall. The real villains are Man City, who can’t stockpile players now the PL squad size rules have come in and so are using a Championship club as a “storage facility” to stop other PL clubs getting a valuable player.


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Re: Craig Bellamy

by Wax Jacket » 19 Aug 2010 16:47

I don't think that's especially villainous, quite a clever strategy really

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Re: Craig Bellamy

by Royal With Cheese » 20 Aug 2010 10:41

Dirk Gently a view from a Cardiff message board :
The amount of stick thrown in Cardiff City's direction in the last 24 hours has been shocking.

Not everyone is against us. We have received some goodwill messages from Man City fans, some reasonable and balanced coverage from some of the tabloids, broadsheets and tv/radio stations but there is an underlying current of resentment about our signing of Craig Bellamy. Some of the comments from the more gutter radio shows have been jaw-dropping.

I think there is an element of disbelief from the EPL that we took one of their star players. An element of jealously from the Football League that we have made ourselves favourites for promotion but moreso the thing that wrankles them is that we were close to going bust a few weeks ago and now we have signed a player who reportedly earns around £90K a week.

Instead of looking at our current situation or what we have been trying to achieve we get backpage headlines like the one from the Daily Express "How can a club which has faced 4 winding-up orders sign £85,000 a week Craig Bellamy".

Well if they did some resaearch they'd find that Man City are paying most of his wages. Cardiff are paying a percentage. All perfectly legal and within the loan rules. Loan moves happen all the time. Parent clubs tend to pay the bulk of the wages. Same thing happening here. No need to threaten his registration or to throw ones toys out of the pram.

The carefully planned outburst from the Motherwell Chairman shocked the football world nearly as much as Bellany signing for us. He called us cynical for not paying our bills. Actually, I agree to an extent. We should not still be owing Motherwell. We are tackling these debts and that one in paticular has not yet been fully resolved. The matter should be sorted soon but it does beg the question of the hypocrisy of a man who saw his airline company go bust leaving thousands stranded and out of pocket, click here, and the same chap was at the helm of Motherwell when they went into administration leaving their creditors with just 15p in the pound, click here.

Cardiff City did not take the easy option of administration and a chance to get away without paying everyone but instead chose (thanks to the new investment from Malaysia and from current directors) to tackle the debts head on.

Portsmouth, the tax man claims, owes £37m to HMRC. Cardiff City owe then the July payment at most. Just about all the footballing debts have been settled by the new reigime at the CCS. The random borrowings by Peter Ridsdale are being sorted, the debts to other clubs are being covered. The players/staff wages are all upto date and the tax man has dismissed his intended high court action because we have delivered the money we promised.

We still have a debt, mostly to Langston (Sam Hammam's interest) but it's a fraction of the debt owed by some top Premier League sides but crucially it's a debt we are facing and not bailing out from by taking the administration route.

Maybe the Football League should be investigating Crystal Palace who went into admin, have offered their creditors a couple of pence in the pound and are now about to sign Edgar Davids. They should still be investigating how Portsmouth can get away with settling already mega rich players bonuses while leaving the tax man to fight for scraps.

Cardiff's signing of Craig Bellamy has close on paid for itself already. We don't know the exact amount Cardiff have to pay in wages but it's thought to be £20K a week. 24 hours after his signing we sold nearly 4,000 shirts @ £40 each, 500 season tickets @ £300 each and the gate will be increased by about 5,000 @ £20 each on Saturday.

Roughly that's about £400,000 on the back of him signing. 20 weeks of wages brought in from the first 24 hours of business.

The man pays for himself. Cardiff have not paid a penny in transfer fees this summer. Season long loans for Olofinjana, Koumas, Drinkwater and Bellamy. Free transfer for Tom Heaton. Upto 10 players leaving who are now off the wage-bill. At the same time debts settled by re-structure or in some cases the exchange of debt to shares in the club.

The football world should be applauding the efforts of TG, Vincent Tan, Steve Borley etc for their dedication to honouring what we owe while at the same time making Cardiff City Football Club a force in the Championship and hopefully becoming a Premier League by the end of the season.

Cardiff City have made a statement of intent this week. We've shocked the football establishment and they don't like it.

Keep them stones in your pockets people.


I don’t blame Cardiff – good luck to them for taking advantage of their windfall. The real villains are Man City, who can’t stockpile players now the PL squad size rules have come in and so are using a Championship club as a “storage facility” to stop other PL clubs getting a valuable player.

If it's true then Cardiff have nothing to worry about

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Re: Craig Bellamy

by Terminal Boardom » 20 Aug 2010 12:17

Dirk Gently a view from a Cardiff message board :

Cardiff have not paid a penny in transfer fees this summer. Season long loans for Olofinjana, Koumas, Drinkwater and Bellamy. Free transfer for Tom Heaton. Upto 10 players leaving who are now off the wage-bill.


This I find hard to believe. Season long loans will invariably attract some sort of fee to the parent club.

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Re: Craig Bellamy

by retro royal » 25 Aug 2010 07:33

Seemed most appropriate thread Cardiff are about to sign Andy Keogh from Wolves

http://news.bbc.co.uk/sport2/hi/footbal ... 941811.stm


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Re: Craig Bellamy

by Barry the bird boggler » 25 Aug 2010 08:07

I do hope Cardiff go bust again.

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Re: Craig Bellamy

by Kitson12 » 25 Aug 2010 11:50

Jesus, how are they allowed to get away with this? Bent Welsh FA probably.

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Re: Craig Bellamy

by sheshnu » 25 Aug 2010 12:02

Investment from Malaysia probably.

Have they paid Motherwell yet?

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Re: Craig Bellamy

by Wax Jacket » 25 Aug 2010 12:46

apparently the income from the 5000 Bellamy shirts can cover that alone :|


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Re: Craig Bellamy

by papereyes » 25 Aug 2010 12:54

and 3000 more Bellam ones after they ran out of the letter y ...

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Re: Craig Bellamy

by soggy biscuit » 25 Aug 2010 12:55

Wax Jacket apparently the income from the 5000 Bellamy shirts can cover that alone :|


Yeah heard that, they said they sold £250,000 worth of Bellamy shirts in one week.

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Re: Craig Bellamy

by Barry the bird boggler » 25 Aug 2010 16:17

soggy biscuit
Wax Jacket apparently the income from the 5000 Bellamy shirts can cover that alone :|


Yeah heard that, they said they sold £250,000 worth of Bellamy shirts in one week.


Well if that's true that's his season's salary taken care of in one swoop.

Note, JM, what one piece of expensive speculation can achieve. Oh I forgot investment and speculation on a football front isn't allowed at Reading.

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Re: Craig Bellamy

by Stranded » 25 Aug 2010 16:40

It can, but who is out there who is available to a Championship club would see that sort of impact on Reading?

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Re: Craig Bellamy

by PEARCEY » 25 Aug 2010 20:45

sheshnu Investment from Malaysia probably.

Have they paid Motherwell yet?



Yes.

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