In 2002, Bradford chairman Geoffrey Richmond informed him that the club would fold if they continued to pay his £40,000-a-week wages. Carbone revealed in later years that he did not want to be known as the man who made Bradford City fold, and he gave up £3.2 million.
In 2002, Bradford chairman Geoffrey Richmond warned Carbone that if they continued paying his £40,000-a-week salary, the club would fold. Later in life, Carbone admitted he didn't want to be known as the reason for Bradford City's demise and gave up £3.2 million.