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Sunday, December 29, 2013

Statement reveals Vincent Tan’;s cause for concern over Cardiff City transfers

Malaysia Insider

As the dust settles on Malky Mackay's sacking by Cardiff City, the full details of the club's £50 million (RM273 million) summer spending spree has emerged for the first time.

The staggering amounts paid for players is believed to have angered Cardiff owner, Malaysian tycoon Tan Sri Vincent Tan (pic), which led to the deterioration of his relationship with Mackay.
Less than 24 hours after Cardiff lost 0-3 at home to Southampton in the English Premier League, Mackay was given his marching orders by Tan.

The Daily Mail reported that signings which angered Tan included the £7.6 million paid for striker Andreas Cornelius, who has yet to score for Cardiff City.

Tan released a statement yesterday accusing Mackay of generating favourable media publicity and exposing far too much dirty linen to public gaze.

However, the Daily Mail reported that Tan was still furious over the £50 million which was spent on player fees, signing-on fees, image rights deals and fees to agents.

In the summer, Cardiff signed Gary Medel (£11.4 million), Steven Caulker (£8 million), Peter Odemwingie (£2.5 million) and Kevin Theophile-Catherine (£2.2 million).

"These deals played a crucial role in October's dismissal of head of recruitment Iain Moody," the Daily Mail said.

Tan claimed he had authorised £35 million to be spent while Moody insisted that in meetings held in mid-April the sum agreed was £50 million.

Tan was reportedly angry with Cornelius's signing because the 20-year-old striker left FC Copenhagen, where he earned £6,000 a week, to sign a contract with Cardiff worth £45,000 a week.

"Cardiff paid a club-record £7.6 million, possibly rising to £10.93 million, based on appearances," the Daily Mail said.

However, Cornelius has appeared only seven times as a substitute, out of Cardiff's 18 premiership and two league cup matches this season. In total, he has been on the pitch for 87 minutes and has yet to score for the club.

It is understood that Cardiff have already undertaken a thorough financial audit, including an email trail, into Cardiff's transfer business in the summer.

These details have been included in board minutes following Moody's departure.
The ill-feeling between the Cardiff City owner and his former manager came to a boil with the sudden removal of Moody in October.

Tan was said to be further infuriated at Mackay's hopes of adding to his squad in January, which resulted in an email sent by Tan to Mackay last week with a "resign or be sacked" ultimatum.

The club's supporters had put their weight clearly behind Mackay with a demand for Tan to leave and put the club up for sale. They have mainly been angered over changes made to the club's crest and the colour of the home jersey, from the traditional blue to red.

Meanwhile, Wales Online reported that Molde manager and former Manchester United striker Ole Gunnar Solskjaer is Tan's favourite to succeed Mackay.

"Club chairman Mehmet Dalman has been given the green light by Tan to find Mackay's successor and Solskjaer is top of the list," Wales Online reported.

It is understood that Solskjaer will be given a transfer kitty of £15 million to spend in the January transfer window if he agrees to take over at Cardiff.

Other applicants in the frame include former England manager Sven-Goran Eriksson, former Argentina and Chile boss Marcelo Bielsa and Turkish coach Yilmaz Vural. - December 28, 2013.

Credit to MSN Malaysia

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