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Reply | Ipswich Town v Swansea City : Match day thread
at 14:07 1 Mar 2026
This is a fair point about Casey. I feel for Samuels-Smith in the squad every week and doesn't get on the pitch. Tymon was poor yesterday and when we went 3-0 down and made changes I felt he could have had 15 minutes. I understand loans are all about development but yesterday the game was gone and the perfect opportunity to give him a game. |
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Reply | House of Westminster renovations. Monopoly money
at 21:54 28 Feb 2026
26 years of Labour policies and getting thrown out for being useless the facts speak for themselves. One more term under another party and failure will prove to be the end. |
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Reply | Ipswich Town v Swansea City : Match day thread
at 17:56 28 Feb 2026
Hopefully the last 8 days have been a dose of realism for those who make the decisions at the club, they should be able to judge where we are inline with where they expect us to be or behind.
Bristol City, could have gone either way and we were possibly lucky to win.
Preston, hammered in the first half and could have been 3 down but fought back to get a draw.
Ipswich well beaten and lacking in so many areas against a better team.
Take the loan players out of there and do we have the nucleus ouf a good side to work with I don't think so, plus throw in if Galbraith and Vipotnik leave we will have a shed load of money but back to square one.
All purely my opinion, possibly others don't think the same. |
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Reply | Cardiff City with big losses declared
at 12:17 28 Feb 2026
This is a post by rontom on the Cardiff forum and in my opinion is an excellent summary of the state of their finances and club.
Right, there’s a lot in that statement, so if you strip the emotion out and just look at the numbers and context, there are clear pros and cons.
First, the pros.
The big one is we’re still compliant. We met the Championship P&S rules and now the League One SCMP rules. That matters. Clubs like Derby County and Reading have shown what happens when you don’t. Points deductions, embargoes, chaos. We’ve avoided some of that.
The auditors signing off that the club is viable — with backing committed until January 2027 — is significant. Without Tan’s funding, we’re not operating at this level. That’s just reality, however people feel about him.
Relegation has forced wage cuts, squad trimming and the use of relegation clauses. Financially painful in the short term (lost ÂŁ10m+ income), but structurally it may stop the wage bloat that built up in the Championship.
And finally, the £19.1m injected post year-end — non-interest bearing and not repayable. That’s effectively Tan underwriting.
Now the cons— and they’re serious.
£35.1m net loss. You can dress it up with “exceptionals” all you like, but we’re still burning around £30m a year in real terms. That is not sustainable without permanent owner subsidy.
Wages up 39% in a relegation season is indefensible from a performance point of view. Top six wage bill and relegated? That’s not bad luck — that’s strategic failure.
The debt level is the elephant in the room. £161.5m net current liabilities, with roughly £97m owed to Tan and £37.3m linked to Dalman interests. Yes, much of it is “soft debt”, but it’s still debt. We’re structurally reliant on one man’s willingness to keep covering losses.
And the prior-year audit adjustments don’t look great optically. Even if they’re technical disclosure changes, late submissions and changing audit views don’t scream stability.
As for the forum replies that I have read so far
Worcester’s point about mismanagement is fair. If you’re spending top-six money and going down, accountability sits in the boardroom as much as the dugout. Even though the man in the dugout was not up to the job, but selected by the people who are responsible for thie debt
Quakerman is right that many EFL clubs lose money — that’s the model. But we shouldn’t normalise it. Not all losses are equal. There’s a difference between controlled risk and £30m annual black holes.
SB 1927 is also right to challenge the “85%” stat. And he’s right that scale matters — debt near £300m gross over time (depending how you count historic shareholder loans) puts us at the heavier end.
The reality is this — the club is being propped up by Tan. Without him we’re not arguing about promotion, we’re arguing about administration.
That said, losing ÂŁ30m+ a year while running a top-six wage bill into relegation is absolute mismanagement. Both things can be true.
Relegation might prove to be a reset on the pitch, but financially we’ve been reckless. You can’t keep banking on one owner covering mistakes forever.
Promotion isn’t just nice to have — it’s essential. Another year in League One and even with lower wages, the gap makes the hole bigger.
Long term? Either the model changes, or ownership does. Because this one only works while Tan feels like writing cheques. |
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Reply | Cardiff City with big losses declared
at 10:50 28 Feb 2026
Enlighten us, what has your post got to do with the discussion of Cardiff City finances, its just more noise without thought, evaluation or relevance. |
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Reply | Asylum Backlog
at 20:51 27 Feb 2026
Labour to Green.
Conservative to Reform.
Green won and Labour had the biggest decline in voting share. Clearly shows that Labour are finished throughout the UK. In Wales it is Labour to Plaid. |
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Reply | Asylum Backlog
at 20:34 27 Feb 2026
Perhaps they wanted to vote Labour as they did in the GE, presumably because so many changed their vote. |
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Reply | Cardiff Rugby
at 20:31 27 Feb 2026
There is a lot of revenue at stake for the city as a whole when you concider the visiting teams and their supporters who stay for the weekend. Plus the international profile the City of Swansea gets and knock on benifits. |
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Reply | Cardiff City with big losses declared
at 20:12 27 Feb 2026
Coventry made ÂŁ8.7M profit the season before, mainly down to the Gyorkeres transfer so are well within PSR. We lost ÂŁ15M in the last declared financial year so are right on the limit. |
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