Mon Feb 08, 2016 5:24 pm
carlccfc wrote:' VINCENT TAN IS FLYING IN '
Vincent Tan is flying into London at the end of this week, there is a strong possibility that the Cardiff City owner will make an appearance at The Valley on Saturday when City face Charlton Athletic.
If Vincent Tan does indeed attend the game on Saturday it will be only his second appearance of the season, the first was the away game versus QPR which was live on Sky and dubbed the Malaysian Derby.
The main purpose for Tan's visit to London is to hold a face to face meeting with manager Russell Slade.
The reason behind this meeting between the owner and manager or the need for it to be done face to face and not over the phone or via video link is unknown.
I have been told about the meeting from a very good source but not told the reasons behind it.
No doubt fans will speculate what the meeting is about but as I have said I simply don't know except that there is indeed a meeting planned between the two to take place next week.
I also have it on good authority that Russell Slade has been offered at least two jobs in recent weeks and there are chairmen from other clubs who recognise that Slade has done and is doing a good job at Cardiff City under the circumstances he is working.
I would imagine that once the meeting has taken place City fans will hear all about it.
Mon Feb 08, 2016 5:43 pm
Mon Feb 08, 2016 6:51 pm
TopCat CCFC wrote:Cardiff City owner Vincent Tan flies into UK this week ahead of significant financial announcement
Tan will be at Cardiff's game on Saturday but it is understood a new deal for manager Russell Slade is not on the agenda despite his contract expiring at the end of the season
Cardiff City owner Vincent Tan will jet into the UK for a surprise visit this weekend and will watch the Bluebirds in action at Charlton.
But it is understood the future of manager Russell Slade will NOT be on the agenda despite the fact his current contract expires at the end of the season.
Tan's visit, however, is expected to be followed by a significant announcement in the coming weeks when he is likely to convert more of his debt to equity.
The Malaysian billionaire will fly in on Thursday and will be at The Valley to watch his side take on Charlton as Russell Slade’s men look to keep in the Championship play-off hunt.
The club though insist the visit merely coincides with a business trip Tan is making to London anyway .
Despite the uncertainty surrounding Slade's future, talks with the manager over a new deal are not thought to be planned, although Tan is expected to meet with Slade during his stay.
In terms of the forthcoming financial announcement, reports suggest Tan is currently owed around £150m in the form of loans he has put into the club since taking charge. He has already converted around £13m of that into equity and more is now set to follow.
It remains unclear the amount Tan will now convert into shares. In the past he had spoken about turning all his input into the club into equity to make the club debt free, but with the amount growing he has since said that would not be feasible at this time.
Tan recently reached agreement to finally settle with the club’s biggest and oldest creditor Langston, the Bluebirds agreeing to make a final payment of around £5m to settle the original £24m in loan notes taken out way back in 2003. Langston will be paid more when the club is promoted back to the Premier League.
Mon Feb 08, 2016 6:54 pm
Tue Feb 09, 2016 12:07 am
Tue Feb 09, 2016 8:26 am
Tue Feb 09, 2016 11:54 am
Tue Feb 09, 2016 2:19 pm
Tue Feb 09, 2016 4:21 pm
ThomasC wrote:Leyton Orient, London club, red shirts, dragon crest & the word Orient, What am opportunity missed for Tan. Silly fool