Vital Football

Latest Cardiff City News

Cardiff City's Embargo To Be Lifted Today ?

Cardiff City's Embargo To Be Lifted Today ?

Cardiff City hope to be released from the transfer embargo today, a massive step which would allow us to register Jason Koumas, Danny Drinkwater and Tom Heaton ahead of the all-important season opener against Sheffield United on Sunday.

Longstanding debts to HMRC, Charlton Athletic and Sunderland had seen the Bluebirds hit by the embargo, which has hindered Dave Jones` movements in the transfer market. Whilst other clubs have enjoyed the steady revenue stream provided by season ticket sales - we are denied this due to Peter Ridsdale`s devious and unforgivable shame whereby he misled supporters on a false pretence to cover other debts.

Since the £6m investment from TG and his Malaysian counterparts, we have steadily begun to trawl through the financial mess and are now returning to somewhat of an even keel. There is no magic wand to be waved and years of money mis-management creates a plethora of other problems down to the roots of our business.

In the past week, a major injection of cash has been transferred from the far East, money which was necessary to pay staff wages for July, appearances bonuses over last season, over £1m to pay off footballing debts and a further sum, currently unknown, which was negotiated to buy time from HMRC. The Bluebirds are confident they have satisfied Football League stipulations in order that the embargo be lifted imminently.

Chief Executive Gethin Jenkins told BBC Sport Wales:

"We are working with the Football League to confirm that we are out of the embargo, we hope that to be done soon so we can register the three new players we have on our books."

"We are confident we have met the Football League obligations and working through the paperwork with league to come out of the embargo - and we are working very hard to do that in time for the first match."

"A transfer embargo occurs if you haven't paid the inland revenue within a certain number of days and if you have any football debts you haven't paid. We've rectified them now and worked through various challenges."


It would be a major boost for Cardiff City to come out of embargo in time to register the three new acquisitions. Whilst Koumas is well short of fitness, both Drinkwater and Heaton would be assured of a place in the squad and add much needed cover to the starting XI.



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

Writer:Bluebirdshroom
Date:Friday August 6 2010
Time: 9:37AM

Best of Vital Network

Login to post a comment

Recent Cardiff City Articles

Oshilaja Heading Back To Gillingham

Oshilaja has had two loan spells with Gillingham so far with the defender reportedly heading back to the League 1 club for a third spell.

Former Defenders Join Burton & Newport

Cardiff released Ben Turner and Jazzi Barnum-Bobb this summer with both now finding new clubs. They've signed for Burton and Newport, respectively.

League Cup F‏irst Round - Bristol Rovers (22/6/16)

The draw for the first round of the English Football League Cup took place earlier this afternoon.

Birmingham Away On Opening Day

Cardiff City face a trip to Birmingham City on the opening day of the 2016/17 Championship season.

Archived Vital Cardiff Articles

Vital Cardiff articles from

Site Journalists

Whittingham's Left Peg
no email
Profile

Current Poll (see more polls)

Birmingham MotM
Suggested By: Site Staff
Marshall3%
Peltier0%
Connolly20%
Turner10%
Malone3%
Noone3%
O'Keefe3%
Whittingham3%
Lawrence3%
Pilkington26%
Immers6%
Sub - Zohore0%
Sub - Harris0%
Sub - Ecuele Manga20%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Burnley 46 26 15 5 93 37
P Middlesbrough 46 26 11 9 89 32
3 Brighton 46 24 17 5 89 30
4 Hull City 46 24 11 11 83 34
5 Derby County 46 21 15 10 78 23
6 Sheff Wed 46 19 17 10 74 21
7 Ipswich 46 18 15 13 69 2
8 Cardiff 46 17 17 12 68 5
9 Brentford 46 19 8 19 65 5
10 Birmingham 46 16 15 15 63 4
11 Preston 46 15 17 14 62 0
12 Q.P.R. 46 14 18 14 60 0
13 Leeds Utd 46 14 17 15 59 -8
14 Wolves 46 14 16 16 58 -5
15 Blackburn 46 13 16 17 55 0
16 Forest 46 13 16 17 55 -4
17 Reading 46 13 13 20 52 -7
18 Bristol City 46 13 13 20 52 -17
19 Huddersfield 46 13 12 21 51 -11
20 Fulham 46 12 15 19 51 -13
21 Rotherham 46 13 10 23 49 -18
R Charlton 46 9 13 24 40 -40
R MK Dons 46 9 12 25 39 -30
R Bolton 46 5 15 26 30 -40
Latest F1 News
Latest Vital Boxing News

Recent Cardiff City Results (view all)

Cardiff City Fixtures (view all)