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A few people have looked at Cardiff City Holdings Limited -

Thu Nov 10, 2022 8:41 am

My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 9:43 am

I think all regular posters on here know this now.

Who these interested parties are we won't know until there is a breakthrough.

The only think I will disagree with you is I think Tan will soon sell up. Whatever the reason is I don't know but I believe he will be gone soon.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:04 am

Bakedalasker wrote:I think all regular posters on here know this now.

Who these interested parties are we won't know until there is a breakthrough.

The only think I will disagree with you is I think Tan will soon sell up. Whatever the reason is I don't know but I believe he will be gone soon.



I agree with you Ian,

Despite the pathetic interview the other day, I know Tan wants out ASAP and there is NO plan in place for City’s future,but he wants way to much money.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:15 am

I believe he wants out as well , the interview was done to reiterate to the buyers he will stay for another decade unless they pay up.
He has no empathy for the supporters and the whole show of turning up was just front I believe.
And we continually employ the cheapest and lowest denominator each time
With the same predicatable results

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:18 am

fred keenor wrote:I believe he wants out as well , the interview was done to reiterate to the buyers he will stay for another decade unless they pay up.
He has no empathy for the supporters and the whole show of turning up was just front I believe.
And we continually employ the cheapest and lowest denominator each time
With the same predicatable results



Virtually spot on.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:19 am

Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:29 am

wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 10:52 am

Forever Blue wrote:
fred keenor wrote:I believe he wants out as well , the interview was done to reiterate to the buyers he will stay for another decade unless they pay up.
He has no empathy for the supporters and the whole show of turning up was just front I believe.
And we continually employ the cheapest and lowest denominator each time
With the same predicatable results



Virtually spot on.

Yes, I have to agree with that, too...!

I'm not one to decry Tan too much because he has provided some highs I never thought I'd see; but I do think he has lost interest and his recent rhetoric is surely to protect himself from a lowering of any offers that come his way?

That would would be like advertising your car 'for sale at £10k no offers' and then adding 'must sell' to it...

Tan is and thinks like a businessman and when he sells, he cannot be seen as 'giving it away'

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 11:00 am

It would be interesting to know the amounts that he's been offered. Whether there's any scope to 'meet in the middle' perhaps.
Someone bids £100m, he wants £200m so the buyer comes back with another offer etc etc. Pretty much what happened at Newcastle. :bluescarf:

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 11:07 am

Perhaps drakeford is going to crack a deal in Qatar for us with a multi billionaire Sheik.


Then I woke up.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 11:42 am

Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 12:35 pm

looking at it from a neutral side for a minute. the drastic cost cutting and stuff, i firmly believe he is slowly trying to stop having to put money into the club. which for me says he is hoping to get rid of it. the big issue he now faces though, is the less £££ he puts in, you can see the fan base dwindling. which will force him to either cut further or put more money in again

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 12:49 pm

TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 12:52 pm

piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 12:55 pm

If Tan wants us back in the Premiership, that isn’t going to happen with our current squad.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:11 pm

Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers

Annis 8 or 9% interest is not high interest on commercial loans its standard, 20% interest Isaacs was charging is high interest.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:38 pm

Forever Blue wrote:
piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:


I have Annis - and there is nothing in there at all to back up your claims - I'm saying this as a chartered accountant.

He's not taken any money out of the club whatsoever in all his time since he has been here, and thats a fact.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:43 pm

TaffEmbankment wrote:
Forever Blue wrote:
piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:


I have Annis - and there is nothing in there at all to back up your claims - I'm saying this as a chartered accountant.

He's not taken any money out of the club whatsoever in all his time since he has been here, and thats a fact.



He 100% has, but once again i will have to prove it and your name will disappear. Funny how these names come up out of the blue :lol:

I have to do press conference first, take daughter horse riding, but it will be on here by tomorrow

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:50 pm

Forever Blue wrote:
TaffEmbankment wrote:
Forever Blue wrote:
piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:


I have Annis - and there is nothing in there at all to back up your claims - I'm saying this as a chartered accountant.

He's not taken any money out of the club whatsoever in all his time since he has been here, and thats a fact.



He 100% has, but once again i will have to prove it and your name will disappear. Funny how these names come up out of the blue :lol:

I have to do press conference first, take daughter horse riding, but it will be on here by tomorrow


Thanks Annis I look forward to being corrected - Im just trying to establish the facts here for everyone on this forum so we can make our own informed judgements. That is all.

Also, why will my name dissapear? I have been a member here since 2013 as TaffEmbankment. Not sure what you are aluding to here.

Thanks

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:53 pm

TaffEmbankment wrote:
Forever Blue wrote:
TaffEmbankment wrote:
Forever Blue wrote:
piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:


I have Annis - and there is nothing in there at all to back up your claims - I'm saying this as a chartered accountant.

He's not taken any money out of the club whatsoever in all his time since he has been here, and thats a fact.



He 100% has, but once again i will have to prove it and your name will disappear. Funny how these names come up out of the blue :lol:

I have to do press conference first, take daughter horse riding, but it will be on here by tomorrow


Thanks Annis I look forward to being corrected - Im just trying to establish the facts here for everyone on this forum so we can make our own informed judgements. That is all.

Also, why will my name dissapear? I have been a member here since 2013 as TaffEmbankment. Not sure what you are aluding to here.

Thanks



No problem :thumbright:


Because every time i prove something on here,usually then the poster goes underground, never says ok etc then reappears a few months later ready to try to catch me out again :lol:

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:57 pm

Forever Blue wrote:
TaffEmbankment wrote:
Forever Blue wrote:
TaffEmbankment wrote:
Forever Blue wrote:
piledriver64 wrote:
TaffEmbankment wrote:
Forever Blue wrote:
wez1927 wrote:
Ninian27 wrote:My understanding, A few people have looked at Cardiff City Holdings Limited - for sure, but Tan continously plays hard ball - parties from Canada, the Middle East and London-based Jewish consortium.

If Tan has indeed put the level of money he declares, which I do not dispute, he has not revealed what he received back from the Premier League years - including parachute payments.

Dalman's company is owed circa £30m and you have to consider this ongoing Sala debacle (£22m) plus the money Tan says the club owes him - my understanding £60m, which he might discount down by £20m.

So we are talking an overall liability of around £96m with the discounts on a business with no real value apart from the Football League membership receipts plus the EPL share, which a £5.3m a Covid loan is being repaid from annually for the next three years.

The playing squad is worth diddly squat and you can't borrow against the stadium - an £70m asset - because of the lease agreement with the Council.

Tan knows all this, so he would need to stay put and sell the club with an EPL badge - but that would have a considerable value, particularly given the new multi-million pound media deal which Amazon Prime etc are fashioning with all the usual TV suspects.

We are therefore stuck with Malaysian Tan I am afraid unless he dies or an unlikely promotion from the Championship is gained.

Could it happen? Well, we did it four years ago under Neil Warnock.

He did waste money on rubbish like Madine and Murphy - but made money on Zahore and got us in line for the Premiership riches.

The Sala business and Warnock's connections with Willie Mackay is another matter. What I would say is, if Sala had lived we would have likely got the goals to relegate either Brighton or Burnley - two clubs that really did deserve relegation in 2019.

However disillusioned we are with Tan and his puppet board, we are stuck with it now for the time being.

We can protest and stay away, but many loyal Bluebirds fans would really struggle with this because of their deep love ❤️ for the club - our way of life.

Tan has not taken a penny other than a 30 million cash advance repayment he gave to the club the season we went up to pay for transfers, nearly 200milion he's put in ,written off a lot of it .



Wez,

In one of the accounts after being in the Premiership, Tan withdrew £54mill.
We have also borrowed from EFL

Dalman says he lent £30mill at 9% interest and it’s increasing

We have also been lent Upto £20million at high interest.

So it’s 100% not all owed to Tan anymore

Tan finally admitted he has received offers , but would of taken but he believes he can take us to Premier league and keep
Us there for 10yrs lol Total bollocks

The last 4 yrs at every stage we have struggled and budget cut every season with cheap cheap managers


Annis can you show me where Tan withdrew £54million please. I'm not sure where you have got that from?

Tan can only legally withdraw money from the club in two ways:

1) Through repayment of the loans that he has given the club - he has not paid himself back at all as far as I can see and has infact written off the majority of his debt which now means he cant use this method for getting back alot of the money he has lent us; or

2) Through the payment of dividends. However no dividends have been paid to tan since he took over. A company can only pay dividends out of its accumulated profits. Cardiff city have not had accumulated profits for many moons and the group currently have accumulated losses of nearly £200million. So its unlikely tan will be able to pay himself a dividend any time soon.

In this case I am not sure where you saw or how he withdrew £54m?


You beat me to it !!

There has been no mention of such monies being paid to Tan in previous summaries of the accounts.

I’m not disputing it but where’s the evidence of such a transaction?



Just look in one of the last 4 yrs accounts :thumbright:


I have Annis - and there is nothing in there at all to back up your claims - I'm saying this as a chartered accountant.

He's not taken any money out of the club whatsoever in all his time since he has been here, and thats a fact.



He 100% has, but once again i will have to prove it and your name will disappear. Funny how these names come up out of the blue :lol:

I have to do press conference first, take daughter horse riding, but it will be on here by tomorrow


Thanks Annis I look forward to being corrected - Im just trying to establish the facts here for everyone on this forum so we can make our own informed judgements. That is all.

Also, why will my name dissapear? I have been a member here since 2013 as TaffEmbankment. Not sure what you are aluding to here.

Thanks



No problem :thumbright:


Because every time i prove something on here,usually then the poster goes underground, never says ok etc then reappears a few months later ready to try to catch me out again :lol:


:lol:

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:59 pm

https://find-and-update.company-informa ... ng-history here's where you can find the accounts in thec2018/19 accounts it shows tan put in 40 million pound loan for cash flow at the start of the season

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 1:59 pm

I will look tomorrow:


I clearly recollect that Tan did and that it came after the last year we were in the PL . So it is either : (1) in the accounts of the year we were in the PL or (2)/(3) any of the two years when we were getting the “parachute payments”.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 2:09 pm

Thank the Lord people have stopped using the quote reply as this scrolling is killing me lol.

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 2:28 pm

JulesK wrote:Thank the Lord people have stopped using the quote reply as this scrolling is killing me lol.

I'm with you on that, Jules...! :thumbup: :ayatollah:

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 3:11 pm

Forever Blue wrote:I will look tomorrow:


I clearly recollect that Tan did and that it came after the last year we were in the PL . So it is either : (1) in the accounts of the year we were in the PL or (2)/(3) any of the two years when we were getting the “parachute payments”.

All he done was take back the money he had to put in at the start of wRnocks premiership season ,josh Murphy etc were bought with that money as cardiff had no money in the bank and basically the TV money gets paid in 2 payments over the season .

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 4:40 pm

Tan's just greedy, that's why he's so rich - but no one in current climate is going to meet his value, so we could be in for soem damaging years, club, ground and staff with no direction, poor management but the 3 amigo's taking large monies as rthey see it their right!

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 5:04 pm

I started this thread and will finish it.


Whichever way you look at it, he withdrew lots, It is simply not true that he never withdrew anything.


I know that in the year ending 2019 Tan was paid something in the low £30 million . Perhaps £32m or £33m .
I recall that there was another payment to Tan,possibly the year before or after . Also that while approximately £19 million (I can’t recall the exact figure) was allowed for in the accounts for Sala/Nantes, in the event that we lose,in reality this money was withdrawn and not actually kept in escrow or in a bank account
Whichever way you look at it.

Tan definitely withdraw a lot of money to repay some of his loans. .
I recall it to be £54 million .

One thing I must stress and that is Tan is our owner outright and has every right to withdraw the money . Nothing illegal there. Also Tan having “definitely” withdrawn lots of money,was forced to continue paying shortfalls on the drip as and when required . At some point in time Tan would have to pay Nantes the Sala money - he has to repay it himself through the Club , he can keep resorting to court case after court case at a very high cost ,but he’s going to have to pay Nantes at some point. As the saying goes ,he can run but he can not hide ,forever .

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 5:07 pm

Ninian27 wrote:I started this thread and will finish it.


Whichever way you look at it, he withdrew lots, It is simply not true that he never withdrew anything


I know that in the year ending 2019 Tan was paid something in the low £30 million . Perhaps £32m or £33m .
I recall that there was another payment to Tan,possibly the year before or after . Also that while approximately £19 million (I can’t recall the exact figure) was allowed for in the accounts for Sala/Nantes, in the event that we lose,in reality this money was withdrawn and not actually kept in escrow or in a bank account
Whichever way you look at it.

Tan definitely withdraw a lot of money to repay some of his loans. .
I recall it to be £54 million .

One thing I must stress and that is Tan is our owner outright and has every right to withdraw the money . Nothing illegal there. Also Tan having “definitely” withdrawn lots of money,was forced to continue paying shortfalls on the drip as and when required . At some point in time Tan would have to pay Nantes the Sala money - he has to repay it himself through the Club , he can keep resorting to court case after court case at a very high cost ,but he’s going to have to pay Nantes at some point. As the saying goes ,he can run but he can not hide ,forever .

Your wrong the money was put it at the start of the season by tan for a cash flow loan and then taken back out when the TV money was paid in the December ,its in the accounts also I remember kieth doing a piece on it .so it's both like he's paid him self it was a security

Re: A few people have looked at Cardiff City Holdings Limite

Thu Nov 10, 2022 5:13 pm

wez1927 wrote:
Ninian27 wrote:I started this thread and will finish it.


Whichever way you look at it, he withdrew lots, It is simply not true that he never withdrew anything


I know that in the year ending 2019 Tan was paid something in the low £30 million . Perhaps £32m or £33m .
I recall that there was another payment to Tan,possibly the year before or after . Also that while approximately £19 million (I can’t recall the exact figure) was allowed for in the accounts for Sala/Nantes, in the event that we lose,in reality this money was withdrawn and not actually kept in escrow or in a bank account
Whichever way you look at it.

Tan definitely withdraw a lot of money to repay some of his loans. .
I recall it to be £54 million .

One thing I must stress and that is Tan is our owner outright and has every right to withdraw the money . Nothing illegal there. Also Tan having “definitely” withdrawn lots of money,was forced to continue paying shortfalls on the drip as and when required . At some point in time Tan would have to pay Nantes the Sala money - he has to repay it himself through the Club , he can keep resorting to court case after court case at a very high cost ,but he’s going to have to pay Nantes at some point. As the saying goes ,he can run but he can not hide ,forever .

Your wrong the money was put it at the start of the season by tan for a cash flow loan and then taken back out when the TV money was paid in the December ,its in the accounts also I remember kieth doing a piece on it .so it's both like he's paid him self it was a security



Mate, your so far up tans arse you don’t see the truth.

The club is fucked under him

You mate use to say it’s all tans money , when it’s not £50mill is now from other sources and filling other peoples pockets