Unconfigured Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

This is the way to do it Briatore.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #31
    Originally posted by askewboy View Post
    well the difference between leeds and cardiff is cardiff city council,
    if our council were to back us like theirs does then we would be in a great position.
    they have basically got a new ground for free.similar to if we would have got one thrown in with the westfields. cardiff is the capital of wales and although i agree their fans are right knobs, their council is backing them to the hilt.
    I think you should give the following a read:

    WALES’ top two football clubs have been warned they risk “financial catastrophe” by spending their way to the promised land of top-flight football.

    In an in-depth survey of football club finance, PKF accountants and business advisers argue that English league clubs have to face up to difficult choices as they look to remain going concerns.

    The challenges thrown up by recessionary pressures mean that many clubs are having to dig into their overdraft facilities, with few expecting to make a profit this season, according to the report.

    Keith Morgan, partner at PKF’s Cardiff office and a specialist in football and sport finance, warned both Cardiff City and Swansea face “tough times” as they look to build on recent successes.

    Cardiff City this week announced it had been in talks to establish a “strategic marketing alliance” with Football Focus Asia.

    The club is investigating ways of securing cash from the Far East as it looks to reduce its massive debt which stands at £24m – accumulated under the reign of former owner Sam Hammam and which has since been added to with the development of its new stadium.
    Mr Morgan explained: “These are difficult times for football – that is why Cardiff City is looking outside the UK for new finance; the UK is not full of people looking to invest in football clubs.

    “Local companies are not spending as much money in terms of sponsorship and advertising, which is affecting clubs’ finances.”

    Cardiff City is one of a handful of clubs to start the season without a shirt sponsor, with the slump in spending on shirt sponsorship even affecting the Premier League.

    opps......
    Last edited by Youvebeenrangered; 23-08-2009, 10:36 PM.
    Cant believe it, ive been PWOPER MUGGED ORF...

    Comment


    • #32
      Originally posted by Youvebeenrangered View Post
      I think you should give the following a read:

      WALES’ top two football clubs have been warned they risk “financial catastrophe” by spending their way to the promised land of top-flight football.

      In an in-depth survey of football club finance, PKF accountants and business advisers argue that English league clubs have to face up to difficult choices as they look to remain going concerns.

      The challenges thrown up by recessionary pressures mean that many clubs are having to dig into their overdraft facilities, with few expecting to make a profit this season, according to the report.

      Keith Morgan, partner at PKF’s Cardiff office and a specialist in football and sport finance, warned both Cardiff City and Swansea face “tough times” as they look to build on recent successes.

      Cardiff City this week announced it had been in talks to establish a “strategic marketing alliance” with Football Focus Asia.

      The club is investigating ways of securing cash from the Far East as it looks to reduce its massive debt which stands at £24m – accumulated under the reign of former owner Sam Hammam and which has since been added to with the development of its new stadium.
      Mr Morgan explained: “These are difficult times for football – that is why Cardiff City is looking outside the UK for new finance; the UK is not full of people looking to invest in football clubs.

      “Local companies are not spending as much money in terms of sponsorship and advertising, which is affecting clubs’ finances.”

      Cardiff City is one of a handful of clubs to start the season without a shirt sponsor, with the slump in spending on shirt sponsorship even affecting the Premier League.

      opps......
      but theyve found the financing from asia
      oops adaisy
      try getting up to date

      Comment


      • #33
        Originally posted by askewboy View Post
        but theyve found the financing from asia
        oops adaisy
        try getting up to date
        Wasnt the point of this thread that qpr should be run like cardiff...

        You mean u want us to get into massive debt then search endlessly for investment to save our bacon.

        Your missing the point what happens if this investment they are getting gos up in the air, or what would have happened if this invester never turned up...

        We are now a finacially comforably run football club.
        Cant believe it, ive been PWOPER MUGGED ORF...

        Comment

        Working...
        X