Fri Jun 06, 2014 12:48 pm
Fri Jun 06, 2014 12:54 pm
Fri Jun 06, 2014 12:55 pm
Zabier wrote:If we don't go up this coming season Tan will be gone in my opinion.
Fri Jun 06, 2014 12:57 pm
Fri Jun 06, 2014 12:58 pm
Fri Jun 06, 2014 12:58 pm
Forever Blue wrote:Zabier wrote:If we don't go up this coming season Tan will be gone in my opinion.
And if we fail to go up as well Steve.![]()
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Fri Jun 06, 2014 12:58 pm
Fri Jun 06, 2014 1:00 pm
Reza wrote:Think everyone knows he would be out already if he could find a buyer but nobody is gna pay 150m for us,I think this time next yr we will have someone else in charge lets hope we are up as that will make us a better prospect to potential buyers,otherwise it's asset striping and being left in the shit by the dictator
Fri Jun 06, 2014 1:00 pm
Forever Blue wrote:" I have been told totally different regarding Vincent Tan "
viewtopic.php?f=2&t=136474
I have been told from people close to Tan and others who have interviewed Tan the following and we can only wait and see if its true.
That Tan would sell tomorrow if he could get his £150-£160mill back, but that will prob never ever happen.
So its expected that this will be Tans last season even if promoted or even if we fail, Tan will bail out.
Tan will take a loss either way, of course if promoted,no where near the loss.
Of course tan has to find a buyer first and thats what I have heard he has been trying to do.
Ok people will now say Tan is here for the future, well lets see what happens by next Summer 2015, but I honestly believe Tan will bail out if a buyer can be found.![]()
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Fri Jun 06, 2014 1:06 pm
Grumpyguts wrote:Forever Blue wrote:Zabier wrote:If we don't go up this coming season Tan will be gone in my opinion.
And if we fail to go up as well Steve.![]()
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You have just had the proverbial "mare" mate![]()
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Fri Jun 06, 2014 1:09 pm
Fri Jun 06, 2014 1:15 pm
Forever Blue wrote:" I have been told totally different regarding Vincent Tan "
So its expected that this will be Tans last season even if promoted or even if we fail, Tan will bail out.
Tan will take a loss either way, of course if promoted,no where near the loss.
Fri Jun 06, 2014 1:18 pm
CardiffBatman888 wrote:Forever Blue wrote:" I have been told totally different regarding Vincent Tan "
So its expected that this will be Tans last season even if promoted or even if we fail, Tan will bail out.
Tan will take a loss either way, of course if promoted,no where near the loss.
Just wondering why are you expecting Tan will leave even if we are promoted? And what if there's no one interested to buy? Surely once we up there again.. the aim is to stay up and make money??
Fri Jun 06, 2014 1:24 pm
Roath_Magic_ wrote:People need to realise that tan wont be asking £150m for the club, not even he is that bonkers.
Lets say he moves you on next year....
1) Partial debt to equity leaving £100m odd debt.
2) he can keep transfer fees from the likes of mutch, marshall, caulker, campbell and medel (£30 millilon)
3) he can keep parachute money from this season and next (£40 odd million)
4) he can keep two lots of season ticket money (£10m odd)
5) he can sell the likes of Daeli and John should they have good campaigns.
That may leave £10-£15m for him to break even, so that will probably be around the figure he will want for his shares. Not a bad price at all IMO.
This is asset stripping, a concept i brought to you the day he took over yet it was called scaremongering back then
Fri Jun 06, 2014 1:28 pm
latcher wrote:Roath_Magic_ wrote:People need to realise that tan wont be asking £150m for the club, not even he is that bonkers.
Lets say he moves you on next year....
1) Partial debt to equity leaving £100m odd debt.
2) he can keep transfer fees from the likes of mutch, marshall, caulker, campbell and medel (£30 millilon)
3) he can keep parachute money from this season and next (£40 odd million)
4) he can keep two lots of season ticket money (£10m odd)
5) he can sell the likes of Daeli and John should they have good campaigns.
That may leave £10-£15m for him to break even, so that will probably be around the figure he will want for his shares. Not a bad price at all IMO.
This is asset stripping, a concept i brought to you the day he took over yet it was called scaremongering back then
I might be wrong but I don't think he can take the parachute money with him.
Fri Jun 06, 2014 1:33 pm
Roath_Magic_ wrote:latcher wrote:Roath_Magic_ wrote:People need to realise that tan wont be asking £150m for the club, not even he is that bonkers.
Lets say he moves you on next year....
1) Partial debt to equity leaving £100m odd debt.
2) he can keep transfer fees from the likes of mutch, marshall, caulker, campbell and medel (£30 millilon)
3) he can keep parachute money from this season and next (£40 odd million)
4) he can keep two lots of season ticket money (£10m odd)
5) he can sell the likes of Daeli and John should they have good campaigns.
That may leave £10-£15m for him to break even, so that will probably be around the figure he will want for his shares. Not a bad price at all IMO.
This is asset stripping, a concept i brought to you the day he took over yet it was called scaremongering back then
I might be wrong but I don't think he can take the parachute money with him.
He absolutely can. He is within his rights as chairman to use the parachute payments to pay off the clubs debts (its what they are for essentially) - he owns the loan notes, so it pretty much just banking them.
Fri Jun 06, 2014 1:36 pm
Fri Jun 06, 2014 1:40 pm
Roath_Magic_ wrote:Its exactly the same. He is the clubs debts.
Fri Jun 06, 2014 1:44 pm
latcher wrote:Roath_Magic_ wrote:Its exactly the same. He is the clubs debts.
Not if he sells the club and those debts are included in the asking price. If he uses the parachute money to pay off part of the debt then potential buyers will have to pay less. If he syphons it off then any potential buyer is going to have to pay more.
Fri Jun 06, 2014 1:57 pm
Fri Jun 06, 2014 2:13 pm
Fri Jun 06, 2014 2:17 pm
troobloo3339 wrote:all his faults
sorry but his only fault is the re brand
oh and sacking malky too late
Fri Jun 06, 2014 2:18 pm
Roath_Magic_ wrote:latcher wrote:Roath_Magic_ wrote:Its exactly the same. He is the clubs debts.
Not if he sells the club and those debts are included in the asking price. If he uses the parachute money to pay off part of the debt then potential buyers will have to pay less. If he syphons it off then any potential buyer is going to have to pay more.
No they wont. The less debt the club is in the more valuable it is. And the less debt the club is in means the more money Tan is getting to be getting as he is the debt.
There is no question he will be keeping the parachute payment, no brainer.
Fri Jun 06, 2014 2:21 pm
troobloo3339 wrote:all his faults
sorry but his only fault is the re brand
oh and sacking malky too late
Fri Jun 06, 2014 2:22 pm
Forever Blue wrote:" I have been told totally different regarding Vincent Tan "
viewtopic.php?f=2&t=136474
I have been told from people close to Tan and others who have interviewed Tan the following and we can only wait and see if its true.
That Tan would sell tomorrow if he could get his £150-£160mill back, but that will prob never ever happen.
So its expected that this will be Tans last season even if promoted or even if we fail, Tan will bail out.
Tan will take a loss either way, of course if promoted,no where near the loss.
Of course tan has to find a buyer first and thats what I have heard he has been trying to do.
Ok people will now say Tan is here for the future, well lets see what happens by next Summer 2015, but I honestly believe Tan will bail out if a buyer can be found.![]()
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Fri Jun 06, 2014 2:23 pm
toshacks_1_tales wrote:Roath_Magic_ wrote:latcher wrote:Roath_Magic_ wrote:Its exactly the same. He is the clubs debts.
Not if he sells the club and those debts are included in the asking price. If he uses the parachute money to pay off part of the debt then potential buyers will have to pay less. If he syphons it off then any potential buyer is going to have to pay more.
No they wont. The less debt the club is in the more valuable it is. And the less debt the club is in means the more money Tan is getting to be getting as he is the debt.
There is no question he will be keeping the parachute payment, no brainer.
If tan is taking all the money who will be paying the bills?
Fri Jun 06, 2014 2:27 pm
Roath_Magic_ wrote:toshacks_1_tales wrote:Roath_Magic_ wrote:latcher wrote:Roath_Magic_ wrote:Its exactly the same. He is the clubs debts.
Not if he sells the club and those debts are included in the asking price. If he uses the parachute money to pay off part of the debt then potential buyers will have to pay less. If he syphons it off then any potential buyer is going to have to pay more.
No they wont. The less debt the club is in the more valuable it is. And the less debt the club is in means the more money Tan is getting to be getting as he is the debt.
There is no question he will be keeping the parachute payment, no brainer.
If tan is taking all the money who will be paying the bills?
The new owner.
Fri Jun 06, 2014 2:29 pm
Reza wrote:Think everyone knows he would be out already if he could find a buyer but nobody is gna pay 150m for us,I think this time next yr we will have someone else in charge lets hope we are up as that will make us a better prospect to potential buyers,otherwise it's asset striping and being left in the shit by the dictator
Fri Jun 06, 2014 2:37 pm
Fri Jun 06, 2014 2:42 pm
acejack3065 wrote:This is where tan leaving isn't going to look so great because he's going to be taking the family silver with him.
Players are already leaving on the cheap and where do you think that money is gong?