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Uncle Roathie right again

Sun May 11, 2014 9:03 am

Tan gone on record saying debt to equity will only be partial debt to equity, which will leave you still £100m in debt.

As i said all along, it makes no sense what so ever to have turned the whole debt into equity.

The fans have been royally screwed once again with this spending in the clubs name.

One day lessons will be learned... One day :roll:

Re: Uncle Roathie right again

Sun May 11, 2014 9:07 am

Roath_Magic_ wrote:Tan gone on record saying debt to equity will only be partial debt to equity, which will leave you still £100m in debt.

As i said all along, it makes no sense what so ever to have turned the whole debt into equity.

The fans have been royally screwed once again with this spending in the clubs name.

One day lessons will be learned... One day :roll:

May be we ll go in administration and clear all debts,what club you know done that before roathie :lol:

Re: Uncle Roathie right again

Sun May 11, 2014 9:12 am

caerblue wrote:May be we ll go in administration and clear all debts,what club you know done that before roathie :lol:


Administration is off the cards as the man making the decisions is the one the money is owed to.

It will be asset stripping and possibly liquidation when the time comes, depending on how much the debt continues to rise by.

Re: Uncle Roathie right again

Sun May 11, 2014 9:17 am

:notworthy: :notworthy: because I cba to read it so... :notworthy: :notworthy:

Re: Uncle Roathie right again

Sun May 11, 2014 9:17 am

Roath_Magic_ wrote:
caerblue wrote:May be we ll go in administration and clear all debts,what club you know done that before roathie :lol:


Administration is off the cards as the man making the decisions is the one the money is owed to.

It will be asset stripping and possibly liquidation when the time comes, depending on how much the debt continues to rise by.

Let's be honest,if tan wants his money back,do you think if he strips all our assets he'd get any where near his money back?,especially with us now being back in the championship

Re: Uncle Roathie right again

Sun May 11, 2014 9:25 am

caerblue wrote:
Roath_Magic_ wrote:
caerblue wrote:May be we ll go in administration and clear all debts,what club you know done that before roathie :lol:


Administration is off the cards as the man making the decisions is the one the money is owed to.

It will be asset stripping and possibly liquidation when the time comes, depending on how much the debt continues to rise by.

Let's be honest,if tan wants his money back,do you think if he strips all our assets he'd get any where near his money back?,especially with us now being back in the championship


If he does it right now? Maybe.

If he waits a year and you dont go up? No.

But that isnt the point. There comes a time when a business man has to let go of something that is losing him money even if it means taking a hit yourself.

The better question would be why wouldnt you cut your losses and recoup most of what you can on a business losing you tens of millions a year.

Re: Uncle Roathie right again

Sun May 11, 2014 9:31 am

Roath_Magic_ wrote:
caerblue wrote:
Roath_Magic_ wrote:
caerblue wrote:May be we ll go in administration and clear all debts,what club you know done that before roathie :lol:


Administration is off the cards as the man making the decisions is the one the money is owed to.

It will be asset stripping and possibly liquidation when the time comes, depending on how much the debt continues to rise by.

Let's be honest,if tan wants his money back,do you think if he strips all our assets he'd get any where near his money back?,especially with us now being back in the championship


If he does it right now? Maybe.

If he waits a year and you dont go up? No.

But that isnt the point. There comes a time when a business man has to let go of something that is losing him money even if it means taking a hit yourself.

The better question would be why wouldnt you cut your losses and recoup most of what you can on a business losing you tens of millions a year.

How is it costing tan money?,the debt is against the club

Re: Uncle Roathie right again

Sun May 11, 2014 9:49 am

What do you mean?

The club only makes enough to pay half of the wages.

Where do you think the other half is coming from... And all the money for the signings and stadium expansion and training facilities etc etc

Tan.

Re: Uncle Roathie right again

Sun May 11, 2014 10:35 am

Roath_Magic_ wrote:What do you mean?

The club only makes enough to pay half of the wages.

Where do you think the other half is coming from... And all the money for the signings and stadium expansion and training facilities etc etc

Tan.

Yes it's tans money butt,it's a loan to the club at 7 percent interest,so the debt is the clubs not tans

Re: Uncle Roathie right again

Sun May 11, 2014 10:36 am

Roath_Magic_ wrote:What do you mean?

The club only makes enough to pay half of the wages.

Where do you think the other half is coming from... And all the money for the signings and stadium expansion and training facilities etc etc

Tan.

Yes it's tans money butt,it's a loan to the club at 7 percent interest,so the debt is the clubs not tans

Re: Uncle Roathie right again

Sun May 11, 2014 10:39 am

But if the club cant afford to pay that back. So Tan loses money every time he has to put money into the club that it cannot afford to pay back.

If I gave you a credit card with £1 million credit on it yet you only had £100,000 in assets then if you cant honour the £1 million repayment then I am going to lose £900,000 even though the debt is attached to you and not me.

So would I cut you off and recoup what I can.... or continue to loan you money knowing you cant pay me back even what I initially lent you.

7% is meaningless, it may aswell be 700% - if the club cant pay it back then it makes no difference what the interest is.

Re: Uncle Roathie right again

Sun May 11, 2014 10:46 am

Roath_Magic_ wrote:But if the club cant afford to pay that back. So Tan loses money every time he has to put money into the club that it cannot afford to pay back.

If I gave you a credit card with £1 million credit on it yet you only had £100,000 in assets then if you cant honour the £1 million repayment then I am going to lose £900,000 even though the debt is attached to you and not me.

So would I cut you off and recoup what I can.... or continue to loan you money knowing you cant pay me back even what I initially lent you.

7% is meaningless, it may aswell be 700% - if the club cant pay it back then it makes no difference what the interest is.

You know it's not as simple as that roathie,tans not just chucking money at the club knowing that he's going lose to lose the lot,he is supposed to be a top business man but his decisions are very baffling

Re: Uncle Roathie right again

Sun May 11, 2014 10:47 am

Anyone that comes on this thread , don't let Roath place any negativity about Tan in your head. Roath has the cheek to call Ran a magician, yet he is not the one with "magic" in his name!

Come on bluebirds Roath magic comes to kill steal and destroy Cardiff City . Kill the club, steal our joy and destroy unity within our club with his magic box of lies! Don't fall for it!

Re: Uncle Roathie right again

Sun May 11, 2014 1:14 pm

TomLlewellyn1927 wrote:Anyone that comes on this thread , don't let Roath place any negativity about Tan in your head. Roath has the cheek to call Ran a magician, yet he is not the one with "magic" in his name!

Come on bluebirds Roath magic comes to kill steal and destroy Cardiff City . Kill the club, steal our joy and destroy unity within our club with his magic box of lies! Don't fall for it!


That's right, Roathie is a liar but Tan is whiter than white :?

Re: Uncle Roathie right again

Sun May 11, 2014 1:25 pm

Uncle Roathie? Are you having a Snoop Dogg phase by any chance? :lol: :ayatollah:

Re: Uncle Roathie right again

Sun May 11, 2014 1:28 pm

TomLlewellyn1927 wrote:Anyone that comes on this thread , don't let Roath place any negativity about Tan in your head. Roath has the cheek to call Ran a magician, yet he is not the one with "magic" in his name!

Come on bluebirds Roath magic comes to kill steal and destroy Cardiff City . Kill the club, steal our joy and destroy unity within our club with his magic box of lies! Don't fall for it!

He might enjoy winding people up a bit, but most of what he says concerning the financial side of things is pretty accurate, and I have never disagreed with his comments regarding the conversion of debt to equity. As I have said numerous times in the past, Tan is a businessman who has no particular love of football, nor any feelings of loyalty to Cardiff or their supporters, it's purely business as far as he is concerned and if I was him I'd be considering whether I should cut my losses and run right now.

Re: Uncle Roathie right again

Sun May 11, 2014 1:29 pm

Roathie is ALLAYS right :!: Now Tan says he will turn 50 mill to equity, and we are still in 100 mill depth :thumbup:
Roath_Magic_ wrote:Ive answered that. You have appealed to my business brain so ive given you the answer.

I wouldnt EVER do debt to equity, and neither will he. Hw owns 90% of the club so tell me one reason why he will essentially buy the other 10% for £100m which of course values the business at £1 billion pro rata :lol:

Its pure nonsense and the suggestion is ludicrous, he is playing you all for fools and you are lapping it up. If the club is worth £80m then the going rate for the final 10% is around £8m. Its like embarking on buying a house to make a profit and then buying a £80,000 house for £1 million.

Ridiculous.

He will buy the other 10% for around £8m - £10m and the club will still owe him close to £100m.

Bookmark it if you like.

Re: Uncle Roathie right again

Sun May 11, 2014 1:31 pm

markeMark wrote:
TomLlewellyn1927 wrote:Anyone that comes on this thread , don't let Roath place any negativity about Tan in your head. Roath has the cheek to call Ran a magician, yet he is not the one with "magic" in his name!

Come on bluebirds Roath magic comes to kill steal and destroy Cardiff City . Kill the club, steal our joy and destroy unity within our club with his magic box of lies! Don't fall for it!

He might enjoy winding people up a bit, but most of what he says concerning the financial side of things is pretty accurate, and I have never disagreed with his comments regarding the conversion of debt to equity. As I have said numerous times in the past, Tan is a businessman who has no particular love of football, nor any feelings of loyalty to Cardiff or their supporters, it's purely business as far as he is concerned and if I was him I'd be considering whether I should cut my losses and run right now.


He must be looking for a way out now... If it was a game of poker he'd be cashing whats left of his chips in.

Re: Uncle Roathie right again

Sun May 11, 2014 1:32 pm

:notworthy:

Re: Uncle Roathie right again

Sun May 11, 2014 1:43 pm

Roath_Magic_ wrote:Tan gone on record saying debt to equity will only be partial debt to equity, which will leave you still £100m in debt.

As i said all along, it makes no sense what so ever to have turned the whole debt into equity.

The fans have been royally screwed once again with this spending in the clubs name.

One day lessons will be learned... One day :roll:


when have you ever been wrong? if you were wrong in anything you do you will still spin it that you are right! :lol: must be very sad never being wrong in your life time! :thumbup:
and not just refering to city :old:

Re: Uncle Roathie right again

Sun May 11, 2014 1:45 pm

pembroke allan wrote:
when have you ever been wrong? if you were wrong in anything you do you will still spin it that you are right! :lol: must be very sad never being wrong in your life time! :thumbup:


So im spinning it how exactly? :?

Or are you just venting?

Re: Uncle Roathie right again

Sun May 11, 2014 1:48 pm

Roath_Magic_ wrote:
pembroke allan wrote:
when have you ever been wrong? if you were wrong in anything you do you will still spin it that you are right! :lol: must be very sad never being wrong in your life time! :thumbup:


So im spinning it how exactly? :?

Or are you just venting?


no i said if you were ever wrong you would spin it that you were right! (read what i said) in all the time you have been on here i bet not once have you admitted you were wrong :laughing6: :thumbup:

Re: Uncle Roathie right again

Sun May 11, 2014 1:50 pm

So I was right then.

Glad you agree. I seem to remember you being one of the man people against my opinion :D

Re: Uncle Roathie right again

Sun May 11, 2014 1:53 pm

:
Roath_Magic_ wrote:So I was right then.

Glad you agree. I seem to remember you being one of the man people against my opinion :D


i have no thoughts on your opinions as they are always right regardless! :thumbright:
ffs what a sad bstard you are wanting to be right every time! love to know how i agree with you but hey guess more spin than a weavers wheel!!! :thumbup:
:wave: :wave: :wave: :wave: :wave: :wave: :wave: :wave: :wave: :wave: :wave: :lol:

Re: Uncle Roathie right again

Sun May 11, 2014 1:54 pm

I tried telling you

pembroke allan wrote:
Castro wrote:This debt to equity scenario still makes absolutely no sense what so ever, and the more the debt rises - the less sense it makes.mFor what possible reason would he ever do it?

Partial debt to equity - sure. But coverting £100m into equity is like a money hungry penny pincher buying a big mac meal for £150 when he could just pay just £6.

His goal is to make money so why give it away?


Doesn't make sense to us or you! But sure it does to tan and he sees the bigger picture.

Re: Uncle Roathie right again

Sun May 11, 2014 1:55 pm

Roathie is often right on here because he takes an objective view based on reason and logic as opposed to emotion. People bite because the truth hurts. Simple, but true.

Re: Uncle Roathie right again

Sun May 11, 2014 1:57 pm

Roath_Magic_ wrote:So I was right then.

Glad you agree. I seem to remember you being one of the man people against my opinion :D

Prove yourself right! Where have you said Tan would convert 50 mill to equity? Back your on claims mate :thumbup:
While your at it. Where have Tan said he wont turn the rest when the time is right?

Tan out, the only way!

Re: Uncle Roathie right again

Sun May 11, 2014 2:03 pm

ToungeFrazez wrote:
Roath_Magic_ wrote:So I was right then.

Glad you agree. I seem to remember you being one of the man people against my opinion :D

Prove yourself right! Where have you said Tan would convert 50 mill to equity? Back your on claims mate :thumbup:
While your at it. Where have Tan said he wont turn the rest when the time is right?

Tan out, the only way!


I said he wont do full debt to equity, only partial. I said the club would be left with £100m debt.

This has been proven in this thread alone. :thumbup:

Tan hasn't said he Isnt going to personally give me a billion dollars either, however sense tells me he doesnt need to state this.

Re: Uncle Roathie right again

Sun May 11, 2014 2:12 pm

Roath_Magic_ wrote:
ToungeFrazez wrote:
Roath_Magic_ wrote:So I was right then.

Glad you agree. I seem to remember you being one of the man people against my opinion :D

Prove yourself right! Where have you said Tan would convert 50 mill to equity? Back your on claims mate :thumbup:
While your at it. Where have Tan said he wont turn the rest when the time is right?

Tan out, the only way!


I said he wont do full debt to equity, only partial. I said the club would be left with £100m debt.

This has been proven in this thread alone. :thumbup:

Tan hasn't said he Isnt going to personally give me a billion dollars either, however sense tells me he doesnt need to state this.

Cant remember that. Prove it!

Re: Uncle Roathie right again

Sun May 11, 2014 2:37 pm

Roath_Magic_ wrote:Ive answered that. You have appealed to my business brain so ive given you the answer.

I wouldnt EVER do debt to equity, and neither will he. Hw owns 90% of the club so tell me one reason why he will essentially buy the other 10% for £100m which of course values the business at £1 billion pro rata :lol:

Its pure nonsense and the suggestion is ludicrous, he is playing you all for fools and you are lapping it up. If the club is worth £80m then the going rate for the final 10% is around £8m. Its like embarking on buying a house to make a profit and then buying a £80,000 house for £1 million.

Ridiculous.

He will buy the other 10% for around £8m - £10m and the club will still owe him close to £100m.

Bookmark it if you like.


Im castro btw :thumbup:

Castro wrote:This debt to equity scenario still makes absolutely no sense what so ever, and the more the debt rises - the less sense it makes.mFor what possible reason would he ever do it?

Partial debt to equity - sure. But coverting £100m into equity is like a money hungry penny pincher buying a big mac meal for £150 when he could just pay just £6.

His goal is to make money so why give it away?