UK time is: 07:12:36
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Big Step Forward As Cardiff City Bonuses Paid

Cardiff City have made a significant step forward in clearing our outstanding debts and hopefully towards the lifting of the restrictive transfer embargo currently in place over the club.

Yesterday, funds were made available by TG and his fellow investors in the Far East, further underlining their commitment and plans for the club. The funds were required to clear longstanding debts to former and current players over bonueses they were due - including sign-on fees.

Happily, these debts have been cleared, which will hopefully go a long way to lifting the Bluebirds dressing room. The late paymnent of wages (now fully paid) and the non-payment of bonus monies was sure to have a detrimental effect on squad harmony and happiness. The PFA had been called in to litigate and will be satisfied with the resolution and payments.

However, these were not the only debts currently holding the embargo in place. Money owed to Charlton Athletic (Hudson) and Sunderland (Chopra) are major contributors, while we are known to have further debts to Motherwell and third-party creditors over 'football matters'.

The outstanding HMRC tax bill remains unpaid, and whilst the club have made a series of propositions, no agreement has yet been made.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Bluebirdshroom Mail feedback, articles or suggestions

Date:Wednesday August 4 2010

Time: 1:54PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Cardiff City Articles

Cardiff Linked With Slade? (Sunday September 21 2014)

Vital Report: Derby 2 Cardiff 2 (Sunday September 21 2014)

Stats: Derby v Cardiff (Saturday September 20 2014)

Caretaker Duo Call For Confidence (Friday September 19 2014)

Colchester Chance For Healey (Friday September 19 2014)

Vital Preview: Derby v Cardiff (Friday September 19 2014)

Experienced Leader And A Settled Side (Friday September 19 2014)

Ole Resigns Position (Thursday September 18 2014)

Ole On His Way? (Wednesday September 17 2014)

Archived Cardiff City Articles

List All Vital Cardiff Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

League Table (view table)

Team P W D L GD Pts
13. Millwall 8 3 2 3 0 11
14. Brentford 8 3 2 3 -4 11
15. Bournemouth 8 2 3 3 1 9
16. Cardiff 8 2 3 3 -1 9
17. Wigan 7 2 2 3 1 8
18. Brighton 8 2 2 4 -2 8
19. Rotherham 8 2 2 4 -4 8

Breaking League News

LUFC On This Day - September 22nd
Leeds Utd : 22/09/2014 07:07:00
Marcus Evans Resolute In Town's Defence
Ipswich : 21/09/2014 20:00:00
Sloppy Addicks.
Charlton : 21/09/2014 19:00:00
Video: Watford v AFCB
Bournemouth : 21/09/2014 18:37:00
Cherries stung by Hornets
Bournemouth : 21/09/2014 18:35:00

Current Site Poll (view all polls)

Derby MotM
Suggested By:  Whitts
Marshall 0%
Ecuele Manga 0%
Brayford 0%
Ralls 0%
Connolly 0%
Gunnarsson 0%
Pilkington 100%
Noone 0%
Whittingham 0%
Adeyemi 0%
Jones 0%
Sub - Le Fondre 0%
Sub - Maynard 0%