Cardiff City have launched an astonishing attack on former manager Malky Mackay and his management team, accusing them of being "imprudent and careless" in last summer's transfer market,
The club's claims immediately prompted a stinging rebuke from the League Managers Association, who called the club's behaviour "inappropriate and unprofessional".
In a statement released yesterday, Cardiff chief executive Simon Lim claimed Mackay's decision to sign striker Andreas Cornelius from FC Copenhagen last July had cost them in the region of £10m.
Cornelius became Cardiff's record signing in a deal worth more than £8.5m. However, having played just eight times for them, the 20-year-old, who is understood to have been earning £45,000 a week, rejoined his former club for a fraction of the price Cardiff paid for him.
Lim said: "The key shareholders have made their dissatisfaction of such a huge loss known to the board of directors. They believe it is due to imprudent and careless management undertaken by the previous football management."
The statement said the club's shareholders have "expressed their support and pleasure to the new management team."
In particular, billionaire owner Vincent Tan said he was "encouraged by the work done by manager Ole Gunnar Solskjaer in the January transfer window".
The former Manchester United striker signed Kenwyne Jones, Fabio de Silva, Matts Moeller Daehli, Jo Inge Berget, Magnus Wolff Eikrem and Juan Torres Ruiz on permanent deals, before adding Wilfried Zaha on loan. The total spend is believed to have been close to £6m.
LMA chief executive Richard Bevan did not hold back in his own statement, issued just hours later, in defence of Mackay.
"All football clubs at the elite level have systems in place for corporate governance. Cardiff City is no exception. A manager, even in the Premier League, does not go out and 'sign' players. All recommendations go to his CEO and board," said Bevan.