1. Log in now to remove adverts - no adverts at all to registered members!

Peter Whittingham not for sale

Discussion in 'Cardiff City' started by DaiJones, Dec 30, 2011.

  1. DaiJones

    DaiJones Well-Known Member

    Joined:
    Jun 8, 2011
    Messages:
    9,330
    Likes Received:
    5,139
    http://news.bbc.co.uk/sport1/hi/football/16362916.stm

    Malky Mackay has revealed Cardiff City have received a bid from Championship rivals West Ham United for playmaker Peter Whittingham.

    But Bluebirds boss Mackay has rejected the offer, thought to be in the region of £3m, from the Hammers for the former England under-21 international.

    And Mackay insists that Whittingham, who signed a new three-year Cardiff deal in August, "is not for sale."

    Whittingham's impressive displays have helped propel Cardiff into the top six.
     
    #1
  2. ThaiCanary

    ThaiCanary Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    16,441
    Likes Received:
    2,090
    Damn! I was hopeful we might nick him from you :sad:
     
    #2
  3. DaiJones

    DaiJones Well-Known Member

    Joined:
    Jun 8, 2011
    Messages:
    9,330
    Likes Received:
    5,139

    You got £7,000,000 handy ?
     
    #3
  4. Hilts24

    Hilts24 Well-Known Member

    Joined:
    Jul 27, 2011
    Messages:
    4,347
    Likes Received:
    1,835
    A large chunk of any money we receive for sales goes to Ray Ranson.

    Therefore it would take a massive fee to part with Whitts.

    Would Whitts want to go.

    West Ham - long ball merchants. Does he want a sore neck. Still they will probably go up and are a biggish club.

    Norwich LMFAO - they dont have the finance and im sure Whitts would rather stay here.

    I predict Whitts will stay.

    However we will have difficulty keeping him in the summer if a decent sized PL club wanted him.

    Teams like Norwich , Blackburn , Bolton can forget it though.
     
    #4
  5. H bomb

    H bomb Active Member

    Joined:
    Apr 21, 2011
    Messages:
    3,877
    Likes Received:
    8
    Thai, after your Reading prediction you can have Taiwo for £20... ok, £15. <ok>

    Well done Malky <applause>...Money will eventually talk so I think this could be the first of many and could be a long window :emoticon-0107-sweat
     
    #5
  6. ThaiCanary

    ThaiCanary Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    16,441
    Likes Received:
    2,090
    Yes <laugh> We have about £30m but scared to spend it in case we get relegated!
     
    #6

  7. ThaiCanary

    ThaiCanary Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    16,441
    Likes Received:
    2,090
    Oh yes they do, but would they gamble on shelling out that sort of money? If they feel they will survive this season then the money really is not a problem <ok>
     
    #7
  8. ccfcremotesupport

    ccfcremotesupport Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    14,427
    Likes Received:
    11,709
    Perhaps Forrest will put in another bid for him. They look a really attractive option at the moment! :emoticon-0102-bigsm
     
    #8
  9. ThaiCanary

    ThaiCanary Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    16,441
    Likes Received:
    2,090
    <laugh> Much better prospects at such a massive club <ok>
     
    #9
  10. Swamp

    Swamp Well-Known Member

    Joined:
    May 31, 2011
    Messages:
    4,693
    Likes Received:
    110
    i'm happy we rejected the bid as it shows a bit of ambition, though the real reason i think we rejected it was because of the pathetically low bid made by west ham, who are now owned by gold and sullivan, and rarely pay £3m if the fee is quoted as £3m..
     
    #10
  11. Masky

    Masky Well-Known Member

    Joined:
    Jul 23, 2011
    Messages:
    6,282
    Likes Received:
    2,586
    Quote
    However we will have difficulty keeping him in the summer if a decent sized PL club wanted him.

    Swansea?
     
    #11
  12. Crackerjack

    Crackerjack Active Member

    Joined:
    Jan 27, 2011
    Messages:
    3,948
    Likes Received:
    6
    Wonder how much Forest want for him .... hehe
     
    #12
  13. Oldsparkey

    Oldsparkey Well-Known Member Forum Moderator

    Joined:
    Jan 27, 2011
    Messages:
    27,831
    Likes Received:
    15,426

    I think Hilts is probabaly right about that.

    As I understood it, Ranson's Cayman Islands based company PFF (Player Finance Fund) has a mortgage over the proceeds of any player transfer fees received by the club.

    The mortgage to PFF was set out in the last accounts to the tune of about £3.5M being itemised in place of, and as an improvement on the original straight loan from Ranson's hedge fund Sports Asset Capital. It is now only redeemable through player fees and is not recallable on demand. I don't know what sort of interest rate Ridsdale agreed originally, but I bet it wasn't cheap.

    Did Ranson get the million we got from Ipswich for Chops? He would have been entitled to it under the terms of the mortgage. I think Chops is the only sizeable fee we've received since the mortgage - the likes of Bothroyd and Burked walked.

    I'd have thought the Malyasians wouldn't blink financially if Whitts did go. Yes, it would just improve their position at the club if the mortgage was redeemed but they want success not a quick return, and Whitts at the moment is fundamental to that.

    Whitts won't go unless someone offers silly money.
     
    #13
  14. Swamp

    Swamp Well-Known Member

    Joined:
    May 31, 2011
    Messages:
    4,693
    Likes Received:
    110
    how do you know all that stuff sparkey?

    and theres a nice bike you've got there john <laugh>
     
    #14
  15. Oldsparkey

    Oldsparkey Well-Known Member Forum Moderator

    Joined:
    Jan 27, 2011
    Messages:
    27,831
    Likes Received:
    15,426
    Swampy - I think it was earlier this year that the CCFC loan and Ransom himself were subject to an enquiry by the Football League.

    They weren't sure whether the agreement with Ranson meant he could have a veto on Cardiff player movements or whether he was only entitled to the cash once any deal was struck.

    If Ranson could exert influence over another club's affairs before the event and not after it, his tenure at Coventry would have been under threat. FL rules fundamentally forbid any individual or their organisation to influence the affairs of more than on football league club.

    We were in the clear as it was a straight mortgage agreement, but Ranson would have been in the **** if it was proved that he could dictate transfer decisions at Cardiff.
     
    #15
  16. snlk/poksnbn

    snlk/poksnbn Active Member

    Joined:
    Jun 14, 2011
    Messages:
    4,090
    Likes Received:
    17
    Oh dear,he's not happy:

    please log in to view this image
     
    #16
  17. iggypop

    iggypop Member

    Joined:
    Jul 13, 2011
    Messages:
    431
    Likes Received:
    1
    Not for sale!! Ha ha! No such thing - if they bid £6 million I'm pretty sure he'd be for sale then.
    £3 million is a bit of a joke offer.
     
    #17
  18. Crackerjack

    Crackerjack Active Member

    Joined:
    Jan 27, 2011
    Messages:
    3,948
    Likes Received:
    6
    Cardiff can transfer people out as much as the want I think . When you do is when you answer to the finance fund I think , although I'm not a 100% on that
     
    #18
  19. Oldsparkey

    Oldsparkey Well-Known Member Forum Moderator

    Joined:
    Jan 27, 2011
    Messages:
    27,831
    Likes Received:
    15,426
    You're correct Breezey - Cardiff City FC control the destiny of its' own players 100%. Ransom's PFF only have an interest in the proceeds of any sale after the event, and have no say in the decision making as to which players to sell and for how much.

    I'd like to see the Malaysians clear the mortgage and pay them off to be honest, but why should they? The renegotiated deal with Ransom means he can only recover his outlay through sales as and when that happens.
     
    #19
  20. ccfcremotesupport

    ccfcremotesupport Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    14,427
    Likes Received:
    11,709
    Sparky, seeing as we are no longer a selling club, he might have a long wait for his money!
     
    #20

Share This Page