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' Update Sunday 4th Jan 2015 Consortium '

Sun Jan 04, 2015 10:56 am

The Consortium has not been fully put together yet as they are talking to major money men. In the coming months many more meetings will be held including the 3rd week this January :thumbright: :bluescarf:

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again

Re: Update 04/01/15

Sun Jan 04, 2015 11:02 am

I've heard a bid was made and if right then £40m is about right for our club.

Tan will never in a million years accept that hence why I believe he will be around until the parachute payments have dried up. That will be another 2 seasons and then I reckon he would be quite happy to sell for £40m.

Re: Update 04/01/15

Sun Jan 04, 2015 11:10 am

So there is no viable consortium then. What a surprise.

Re: Update 04/01/15

Sun Jan 04, 2015 11:11 am

Tan is recouping as much money as he possibly can,the high earners are being shipped out and being replaced with low earners,his appointment of slade has saved him millions,I ve no doubt that any bids for current first teams players,would be excepted in this transfer window,his only interest left in us is the parachute payments,he doesn't care about what colour we play in,red,blue pink or green come to that because the rebrand is all down to the tax man nothing more nothing less

Re: Update 04/01/15

Sun Jan 04, 2015 11:13 am

Yes I believe you are both right. :cry:

Re: Update 04/01/15

Sun Jan 04, 2015 11:14 am

caerblue wrote:Tan is recouping as much money as he possibly can,the high earners are being shipped out and being replaced with low earners,his appointment of slade has saved him millions,I ve no doubt that any bids for current first teams players,would be excepted in this transfer window,his only interest left in us is the parachute payments,he doesn't care about what colour we play in,red,blue pink or green come to that because the rebrand is all down to the tax man nothing more nothing less


Tax man?

Re: Update 04/01/15

Sun Jan 04, 2015 11:20 am

Bakedalasker wrote:
caerblue wrote:Tan is recouping as much money as he possibly can,the high earners are being shipped out and being replaced with low earners,his appointment of slade has saved him millions,I ve no doubt that any bids for current first teams players,would be excepted in this transfer window,his only interest left in us is the parachute payments,he doesn't care about what colour we play in,red,blue pink or green come to that because the rebrand is all down to the tax man nothing more nothing less


Tax man?

Tan is a business man he had no interest in football,but had a opportunity to buy into a club, who had a one off game to reach the premier league,we all know the financial gain if we had won,also the struggle if we lost,he just weren't going to throw millions at us as a gamble,so this is where the tax man and rebrand come into it

Re: Update 04/01/15

Sun Jan 04, 2015 11:22 am

Nuclearblue wrote:

The Consortium has not been fully put together yet as they are talking to major money men. In the coming months many more meetings will be held including the 3rd week this January :thumbright: :bluescarf:

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again


If I was an investor, there's no way I would buy City at this moment in time, give it another year or two and Tan will be begging people to take the club off his hands. By then we will be a Championship mid table team at best, possibly a Div 1 side playing in front of sub 10k crowds, with around 4000-7000 season ticket holders :thumbup: That's my prediction anyway. :thumbup:

Re: Update 04/01/15

Sun Jan 04, 2015 11:23 am

So 2 consortiums to none in one day, our luck :lol:

Re: Update 04/01/15

Sun Jan 04, 2015 11:30 am

Leytonstoneblue wrote:
Nuclearblue wrote:First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again


If I was an investor, there's no way I would buy City at this moment in time, give it another year or two and Tan will be begging people to take the club off his hands. By then we will be a Championship mid table team at best, possibly a Div 1 side playing in front of sub 10k crowds, with around 4000-7000 season ticket holders :thumbup: That's my prediction anyway. :thumbup:


Thats how i see it :thumbup:

Re: Update 04/01/15

Sun Jan 04, 2015 11:37 am

CalShepCCFC wrote:So 2 consortiums to none in one day, our luck :lol:

Unless Sam manages to persuade someone to stump up. But there ain't many on here who thinks it would be a good investment never mind a damn billionaire. It would take someone who loves the Club and no one I know has that sort of money. But as they say never say never. Let's see how SAMs power of persuasion is like.

Re: Update 04/01/15

Sun Jan 04, 2015 11:42 am

So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????

Re: Update 04/01/15

Sun Jan 04, 2015 11:42 am

Ah well normal service resumes for city!! They will Plod along like most of last 43yrs I've supported them! Cannot see any chance in future for promotion relegation is more likely scenario, by time tan wants move on we won't be in position to buy conference players never mind anyone better? :old:

Re: Update 04/01/15

Sun Jan 04, 2015 11:43 am

Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.

Re: Update 04/01/15

Sun Jan 04, 2015 11:49 am

Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........

Re: Update 04/01/15

Sun Jan 04, 2015 11:50 am

What a load of bollocks :lol: :lol: :bluescarf: :bluescarf:

Re: Update 04/01/15

Sun Jan 04, 2015 11:57 am

Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........



The only way for take over by instalments is the takeover party has lots of money and Can pay instalments (legal contract) while keeping capital in bank making money ? Trouble with Sam's idea is how does he pay the instalments? As income from club not enough and doesn't sound as if consortium as more than initial down payment! :o

Re: Update 04/01/15

Sun Jan 04, 2015 12:01 pm

pembroke allan wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........



The only way for take over by instalments is the takeover party has lots of money and Can pay instalments (legal contract) while keeping capital in bank making money ? Trouble with Sam's idea is how does he pay the instalments? As income from club not enough and doesn't sound as if consortium as more than initial down payment! :o


I've got more chance of buying Newport County, what would they be worth £20 or 50 Million ???

I've got £10.42 so more chance as I would be only £20 or £50 million short :laughing6:

Re: Update 04/01/15

Sun Jan 04, 2015 12:05 pm

Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.

Re: Update 04/01/15

Sun Jan 04, 2015 12:07 pm

Bakedalasker wrote:I've heard a bid was made and if right then £40m is about right for our club.

Tan will never in a million years accept that hence why I believe he will be around until the parachute payments have dried up. That will be another 2 seasons and then I reckon he would be quite happy to sell for £40m.
40 million is not right, how can it be when the stadium is on the balance sheet as 60 million ?

Re: Update 04/01/15

Sun Jan 04, 2015 12:08 pm

Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.

The club is worth more that 40 million ,you get 40 million the next 2 years alone in parachute payments

Re: Update 04/01/15

Sun Jan 04, 2015 12:10 pm

Bluebina wrote:
pembroke allan wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........



The only way for take over by instalments is the takeover party has lots of money and Can pay instalments (legal contract) while keeping capital in bank making money ? Trouble with Sam's idea is how does he pay the instalments? As income from club not enough and doesn't sound as if consortium as more than initial down payment! :o


I've got more chance of buying Newport County, what would they be worth £20 or 50 Million ???

I've got £10.42 so more chance as I would be only £20 or £50 million short :laughing6:



As someone pointed out players worth millions are bought with initial payment! So have clubs for that matter, it just depends on the buyer /seller agreeing terms its simple really! But in tans case it seems he wants the lot upfront so we are stuck with him for awhile, and no amount of demo will alter that! :thumbup:

Re: Update 04/01/15

Sun Jan 04, 2015 12:11 pm

Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon

Re: Update 04/01/15

Sun Jan 04, 2015 12:20 pm

eighty_8 wrote:
Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon
the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter

Re: Update 04/01/15

Sun Jan 04, 2015 12:28 pm

wez1927 wrote:
eighty_8 wrote:
Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon
the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter


Never say never Wez but it is looking highly unlikely. That being because Tan will not be seen making a loss.

Re: Update 04/01/15

Sun Jan 04, 2015 12:30 pm

What a load of crap,if sam and his gang cant raise 50 mil how long will it take before the tax man comes banging at the door again, i hate tan with a passion but anything with sam involved will be a disaster

Re: Update 04/01/15

Sun Jan 04, 2015 12:30 pm

Bakedalasker wrote:
wez1927 wrote:
eighty_8 wrote:
Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon
the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter


Never say never Wez but it is looking highly unlikely. That being because Tan will not be seen making a loss.
he doesn't have to sell now he can sit on the club for years cut costs and still make a profit

Re: Update 04/01/15

Sun Jan 04, 2015 12:33 pm

wez1927 wrote:
Bakedalasker wrote:
wez1927 wrote:
eighty_8 wrote:
Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon
the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter


Never say never Wez but it is looking highly unlikely. That being because Tan will not be seen making a loss.
he doesn't have to sell now he can sit on the club for years cut costs and still make a profit


Can't see that Wez, how do you work that out?

Re: Update 04/01/15

Sun Jan 04, 2015 12:37 pm

Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:
wez1927 wrote:
eighty_8 wrote:
Bakedalasker wrote:
Bluebina wrote:
Bakedalasker wrote:
Bluebina wrote:So it's like some slimy property developer offering £50,000 for a house for sale when it's on the market for £150,000 ????

Where's the story ??? The house owner says feck off idiot and waits for someone that can afford it ????


That's business and applies to any business.

The issue here is that there is not enough capital for this to go any further.



I understand, but it's rediculoisly low, I fancy a new 5 series, I'll take Sam down with me to see if he can get me one for £5k.........


In all honesty the club is not worth more than £40m.

Some say the parachute payments are worth that alone but I find that difficult to believe as that money is not in the bank account at the moment. What's to say the FA will stop these payments for one reason or another?

Some say the stadium is worth more than that. I disagree as the stadium is like a listed building for sport and entertainment. It cannot be knocked down to build homes or similar scenarios. It has a limited use so therefore makes its value in a real market pretty low.

Our current status is Championship. We are heading for league one. That will reduce our value. This and all the above is what is being stated to Tan. Tan laughs but really is crying inside as he has blown too much on the project Cardiff City and his only avenue out with out a loss is to see the parachute payments through.

Tan would jump at the chance of someone paying what he has put in. However he is a business man and he knows too well no other serious business man is going to offer what he needs to save face. I would imagine there are going to be some insulting offers placed in front of him and he is going to get pissed off. That is why he laughs because in reality he is pissed off.


Spot on mate.
Tan needs to be careful, we're an unattractive buy currently and I can't see that changing anytime soon
the fact is tan doesn't need or want to sell and doesn't have to unless he's happy with the price he's getting ,the take over is a non starter


Never say never Wez but it is looking highly unlikely. That being because Tan will not be seen making a loss.
he doesn't have to sell now he can sit on the club for years cut costs and still make a profit


Can't see that Wez, how do you work that out?
we are in profit this season hes not putting any monthly money in anymore as we are in profit ,he's cutting cost ready for next season ,wage bill staff etc if he doesn't invest any more money ,with the sky championship tv money and parachute payments we will be in profit or at least around our break eve figure he doesn't have to go anywhere

Re: Update 04/01/15

Sun Jan 04, 2015 12:40 pm

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability