spacer
20 August 2010  
spacer
Sports Business Portal - Home
HOME|NEWS|REPORTS|DIRECTORY|SPORTS JOBS|TENDERS|CONFERENCES|MEMBERSHIP|ADVERTISING spacer
SPORTS BUSINESS | SPONSORSHIP | TV RIGHTS | VENUES | SPORTS TECHNOLOGY | ECONOMICS | SPORTS MARKETING | BIDDING | SPORTS EVENTS | NEWSLETTER >> spacer

Username
Password 
Register now
Lost Password?

spacer

News Menu

»All News
  »American Football
  »Athletics
  »Baseball
  »Basketball
  »Cricket Business
  »Football Business
  »Golf Business
  »Horse Racing
  »Rugby Business
  »Tennis Business
  »See All Sports
»Agencies - Companies
»Bidding
»Media Rights
  »TV Rights
  »Mobile Rights
  »Internet Rights
»Sports Legacy
»Sports Economics
»Governing Bodies
»Sports Hospitality
»Anti-Doping
»Sports Recruitment
»Sports Security
»Sports Sponsorship
»Sports Betting
»Sports Business
»Sports Events
»Sports Law
»Sports Marketing
»Sports Venues
»Sports Technology
»Ticketing
»News by Location
spacer
spacer
spacer

News by Events

»Olympics
»Summer Olympic Games
  »London 2012
  »Rio 2016
  »2020 Olympics
»Winter Olympic Games
  »Vancouver 2010
  »Sochi 2014
  »2018 Winter Olympics
»FIFA World Cup
  »South Africa 2010
  »Brazil 2014
  »2018 FIFA World Cup
»EURO
  »EURO 2012
  »EURO 2016
»Rugby World Cup
  »New Zealand 2011
  »2015 Rugby World Cup
  »2019 Rugby World Cup
»Commonwealth Games
  »Delhi 2010
  »Glasgow 2014
»Asian Games
  »Guangzhou 2010
  »Incheon 2014
»Cricket World Cup
  »2011 Cricket World Cup
»Pan American Games
»Africa Cup of Nations
»America's Cup
»FIBA World C'ship
»All Sports Events
spacer
spacer
Motherwell takes legal advice over Cardiff debt 
 18/08/2010
 
 
Related News Sections
»Sports Business
»Sports Law
»Europe
»UK

Other website sections
»Sports Market Reports
»Sports Jobs
»Tenders
»Directory
»Conferences
Motherwell chairman John Boyle has warned Cardiff "the bailiffs are coming" after failing to recover £175,000 owed for the transfer of Paul Quinn.

Moments after Cardiff announced it had signed Craig Bellamy on a season-long loan deal, Motherwell sent the Welsh club a statement warning it was considering a number of legal options.

A petition issued by Motherwell against Cardiff was heard at Hamilton Sheriff Court on Friday (August 13) but the Fir Park club says Cardiff officials did not submit a defence and has not given any "business-like response" to its appeals.

Motherwell is now taking legal advice over issuing a winding-up order, arresting assets or sending in bailiffs to recover the money.

Former Motherwell captain Quinn moved to Cardiff in June last year for a fee of about £300,000 with an initial instalment being paid up front and further staged payments agreed.

But Motherwell says it is owed £175,000 plus interest and costs, leaving Boyle furious that Cardiff have been able to acquire Jason Koumas, Tom Heaton, Danny Drinkwater, Seyi Olofinjana, Martin John and Manchester City striker Bellamy in recent weeks.

Boyle said: "We've been put off, fobbed off and messed around since January.

"We have been respectful and persistent but we had no other option than to take Cardiff to court on Friday and they didn't even bother to turn up.

"How cynical can it be that a club can be signing a raft of high-profile, expensive players when they owe a small club like us over £200,000?

"It is quite simply a disgrace. It is utterly cynical and disingenuous in the extreme.

"We previously had a good relationship with Cardiff but we have been forced on to our back foot.

"We have no alternative but to take legal action and we will pursue it vigorously. We will consider issuing a winding-up order or literally sending bailiffs to their ground on a home match and collecting our cash."

He added: "It's absolutely ridiculous when they are splashing money all round the place and they can't even pay last year's debts.

"We have done everything we can, we've followed every football regulation, we've followed every legal regulation and all that has happened is we've been messed around, and we will not stand it one minute longer.

"The bailiffs are coming towards Cardiff – be assured."
Back
 
 

Advertisement

spacer

Popular Sections

»Sports Events
»Sports Business
»Sports Sponsorship
»Sports Marketing
»Sports Economics
»Media Rights
  »TV Rights
  »Mobile Rights
  »Internet Rights
»Sports Venues
»Bidding
»Sports Technology
»Sports Hospitality
»Sports Legacy
»Sports Security
»Sports Agencies
»Sports Law
»Sports Recruitment
»Ticketing
»Governing Bodies
»Football Business
»Rugby Business
»Cricket Business
»Motorsport Business
  »F1 Business
  »Motorcycling
  »Nascar industry
»Golf Business
»Tennis Business
»Sports Betting Industry
»Horse Racing Industry
»All News
Media Partners

 Home   |  Site Map  |  Sports Industry Providers & Suppliers   |  Sports Jobs  |  Links  |  Sports Industry Newsletter  |  Sports Industry Conferences 
 Sports Industry Tenders  |  Sports Industry News  |  Advertise With Us  |  About Us  |  Contact    
spacer © 2010 Sports City. All rights reserved. spacer