By David Owen
March 1 – Cardiff City’s Bluebirds may recently have reverted back to their traditional blue home shirts, but when it comes to their accounts they are still in the red. The Welsh club’s brief excursion into the Premier League last season resulted in a near five-fold increase in revenue from £17.3 million to £83.1 million. But, as shown by its recently-published financial statements, not even this was enough to push the club into profit in the year ended 31 May 2014 – although the pre-tax loss did dip sharply from £30.4 million to £12 million.
Cardiff’s Bluebirds see red with £12m loss after Premier League flight
