Thu Jun 07, 2012 12:03 am
Thu Jun 07, 2012 12:08 am
pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
Thu Jun 07, 2012 12:13 am
RoathMagic wrote:pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
He is buying real estate under our name. He can float it on the Asian stock market. He can promote his businesses through us.
Many reasons - but not many that will benefit us.
Thu Jun 07, 2012 12:16 am
pembroke allan wrote:RoathMagic wrote:pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
He is buying real estate under our name. He can float it on the Asian stock market. He can promote his businesses through us.
Many reasons - but not many that will benefit us.
maybe not but has understand it he will convert all debt into shares so hes liable for all cities debt which makes him vunrable unless he succeeds as well dont you think??
Thu Jun 07, 2012 12:27 am
RoathMagic wrote:pembroke allan wrote:RoathMagic wrote:pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
He is buying real estate under our name. He can float it on the Asian stock market. He can promote his businesses through us.
Many reasons - but not many that will benefit us.
maybe not but has understand it he will convert all debt into shares so hes liable for all cities debt which makes him vunrable unless he succeeds as well dont you think??
You understand wrongly then.
The current £40 million debt to him will be converted into shares, as will the Langston debt £10 million, as will the training facilities £10 million, as will the Stadium expansion and this years playing budget... the rest is debt baring to the club.
And we are losing nearly £20 million per year.
Thu Jun 07, 2012 12:27 am
RoathMagic wrote:pembroke allan wrote:RoathMagic wrote:pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
He is buying real estate under our name. He can float it on the Asian stock market. He can promote his businesses through us.
Many reasons - but not many that will benefit us.
maybe not but has understand it he will convert all debt into shares so hes liable for all cities debt which makes him vunrable unless he succeeds as well dont you think??
You understand wrongly then.
The current £40 million debt to him will be converted into shares, as will the Langston debt £10 million, as will the training facilities £10 million, as will the Stadium expansion and this years playing budget... the rest is debt baring to the club.
And we are losing nearly £20 million per year.
Thu Jun 07, 2012 12:31 am
Thu Jun 07, 2012 12:38 am
RoathMagic wrote:We are having 1 convo on 3 threads here... ill copy and paste -
Ok well first job is to stop losing money. THE ONLY way you can do this is to cut expenditure (not increase it as the Malaysians are doing).
We need to renegotiate player contracts urgently. We need to offload the big earner and get highly paid directors off our books.
We need to sell our player assets Mason, Whitts, Hudson, Miller and Earnie. The fee from Mason and Hudson can pay off Langston now we know they will accept a full and final settlement. The fees from Miller, Earnie and Whitts can go straight to Tan - £7 million? leaving us £33 million in debt to him.
By paying Langston and operating at break even we dont have to spend our ST money before we get it meaning that can also go to Tan. £7 million a year ST money means his debt will be gone and we will be completey debt free in 5 seaons time and ready to learn lessons, start again and rebuild.
Simple business.
Thu Jun 07, 2012 12:45 am
Thu Jun 07, 2012 12:53 am
RoathMagic wrote:I dont see why we would lose our fanbase. Ive based that on selling 18,000 ST's.
If we sell 14,000 ST's - thats still £5.6 million a year + the walk up.
And dont forget we can also offer up the stadium naming right at a sensible price which can also go to Tan.
Its foolproof and guarantees debt free Bluebirds in 5 years. But you wont be told that because although the Malaysian plan definately leads to massive debt and probably liquidation as we will be too far in debt to get out of it... we may get to see Rooney along the way.
As my figures show we will lose even more in the Prem. We will lose £18 million in the NPC and £19 million in the Prem - there is no Malaysian way out of this.
But our fans would rather choose go bust in 5 years and plummet down the leagues after a chance of seeing Rooney and Tevez... other that build slowly and responslibly and have a club forever.
And thats why they arent real fans.
Thu Jun 07, 2012 12:55 am
pembroke allan wrote:RoathMagic wrote:I dont see why we would lose our fanbase. Ive based that on selling 18,000 ST's.
If we sell 14,000 ST's - thats still £5.6 million a year + the walk up.
And dont forget we can also offer up the stadium naming right at a sensible price which can also go to Tan.
Its foolproof and guarantees debt free Bluebirds in 5 years. But you wont be told that because although the Malaysian plan definately leads to massive debt and probably liquidation as we will be too far in debt to get out of it... we may get to see Rooney along the way.
As my figures show we will lose even more in the Prem. We will lose £18 million in the NPC and £19 million in the Prem - there is no Malaysian way out of this.
But our fans would rather choose go bust in 5 years and plummet down the leagues after a chance of seeing Rooney and Tevez... other that build slowly and responslibly and have a club forever.
And thats why they arent real fans.
lose lose then? i have stated on here you do lose money in premier so swans shouldnt be to overjoyed either, like said all based on figures that may or may not happen personally think you are optimistic but hey thats us city fans! only time wil tell who is right or wrong who be city fan????? anyway going bed now goodnite
Thu Jun 07, 2012 6:16 am
Thu Jun 07, 2012 6:27 am
pembroke allan wrote:why has vt put in £40ml without hells chance of getting it back??
Ask Sam H the same question then he will drop his claim to Langstone's money maybe ?
pointer to question previous palace owner lost 73mil at club now he says wants to buy it back if given chance why????
as you are against him what reason does he have????
Thu Jun 07, 2012 6:47 am
CCFC wrote:In the light of the vociferous opposition by a number of the fans to the proposals being considered as expressed directly to our local management and through various media and other outlets, we will not proceed with the proposed change of colour and logo and the team will continue to play in blue at home for the next season with the current badge.
Thu Jun 07, 2012 7:30 am
bluebird1972 wrote:FAO Roath Magic
I have just read your "Business Plan" to get rid of the Malaysians and break even, One question were you the financial brains behind Peacocks