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Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 1:44 pm

Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:08 pm

Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.


I agree that he has said it would be done immediately and it never was. But at the end of the day it is being done. The main reason for people accepting the rebrand in the first place was being debt free. I don't care if it takes 5 more years. If at the end we are completely debt free and finally on a good sound financial footing what does it matter. It was never going to be as simple as just paying it off in one lump sum

With regards to the 100m, I never believe that he would be "giving" the money, I was always under the assumption we would be lending it.. When all the debt is changed to equity would it not technically had been given then anyway?

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:09 pm

Delay, Delay, Delay. This is a man with Billions of $, yet seven years later, we are in a worse mess than when he took us over :oops:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:25 pm

I expect nothing different from tan, we been told all the chestnuts under the sun with it will be sorted next month & next week talk or the two that sping to mind the most was when sam is paid or the malky situation is resolved it will be sorted we was told.

Like an EastEnders storyline dragging on and will continue to drag on for another two years no doubt to make it nine years of bullshit :lol:

Tan ruined the whole Cardiff city feeling for me and many many others that's the truth sadly :(
Last edited by Bluebird1977 on Thu Sep 08, 2016 2:27 pm, edited 1 time in total.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:26 pm

Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.


I agree that he has said it would be done immediately and it never was. But at the end of the day it is being done. The main reason for people accepting the rebrand in the first place was being debt free. I don't care if it takes 5 more years. If at the end we are completely debt free and finally on a good sound financial footing what does it matter. It was never going to be as simple as just paying it off in one lump sum

With regards to the 100m, I never believe that he would be "giving" the money, I was always under the assumption we would be lending it.. When all the debt is changed to equity would it not technically had been given then anyway?



I was at every meeting held by our club and every time we were told by Tans Representives, from CEO'S,secretaries to Stadium managements that Tan was giving Cardiff City £100mill and that we would be immediately debt free.

So your saying its 100% being done now are you?
How do u know this?

As I don't know if it is or it is not? But promise after promise for 5 years and now going to be even longer.

Is our club nowadays feeling and looking better off to our fans?

Why are our crowds lower now than before Tan came along, an astonishing SEVEN years ago.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:27 pm

I expect nothing different from tan, we been told all the chestnuts under the sun with it will be sorted next month & next week talk or the two that sping to mind the most was when sam is paid or the malky situation is resolved it will be sorted we was told.

Like an EastEnders storyline dragging on and will continue to drag on for another two years no doubt to make it nine years of bullshit :lol:

Tan ruined the whole Cardiff city feeling for me and many many others that's the truth sadly :(

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:37 pm

Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.


I agree that he has said it would be done immediately and it never was. But at the end of the day it is being done. The main reason for people accepting the rebrand in the first place was being debt free. I don't care if it takes 5 more years. If at the end we are completely debt free and finally on a good sound financial footing what does it matter. It was never going to be as simple as just paying it off in one lump sum

With regards to the 100m, I never believe that he would be "giving" the money, I was always under the assumption we would be lending it.. When all the debt is changed to equity would it not technically had been given then anyway?



I was at every meeting held by our club and every time we were told by Tans Representives, from CEO'S,secretaries to Stadium managements that Tan was giving Cardiff City £100mill and that we would be immediately debt free.

So your saying its 100% being done now are you?
How do u know this?

As I don't know if it is or it is not? But promise after promise for 5 years and now going to be even longer.

Is our club nowadays feeling and looking better off to our fans?

Why are our crowds lower now than before Tan came along, an astonishing SEVEN years ago.


That's not what I'm saying. I'm simply going on the information Carl has posted is that the first 8 mill is in the process of being done. As I said, it can take another 5 years. But if the end is a debt free Cardiff City then everyone gets what they wants (Just several years later than promised by the bond villian :lol: )

We all know why the crowds are lower now than before and that's because of everything that has happened with the rebrand and the utter debacles of the last few seasons.. Also because we are not challenging for everything. No doubt if we are in the top two come the last few months we will again see 20k for home games. Whether we like it or not, us Cardiff fans can be a fickle bunch

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 2:53 pm

Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.


I agree that he has said it would be done immediately and it never was. But at the end of the day it is being done. The main reason for people accepting the rebrand in the first place was being debt free. I don't care if it takes 5 more years. If at the end we are completely debt free and finally on a good sound financial footing what does it matter. It was never going to be as simple as just paying it off in one lump sum

With regards to the 100m, I never believe that he would be "giving" the money, I was always under the assumption we would be lending it.. When all the debt is changed to equity would it not technically had been given then anyway?



I was at every meeting held by our club and every time we were told by Tans Representives, from CEO'S,secretaries to Stadium managements that Tan was giving Cardiff City £100mill and that we would be immediately debt free.

So your saying its 100% being done now are you?
How do u know this?

As I don't know if it is or it is not? But promise after promise for 5 years and now going to be even longer.

Is our club nowadays feeling and looking better off to our fans?

Why are our crowds lower now than before Tan came along, an astonishing SEVEN years ago.


That's not what I'm saying. I'm simply going on the information Carl has posted is that the first 8 mill is in the process of being done. As I said, it can take another 5 years. But if the end is a debt free Cardiff City then everyone gets what they wants (Just several years later than promised by the bond villian :lol: )

We all know why the crowds are lower now than before and that's because of everything that has happened with the rebrand and the utter debacles of the last few seasons.. Also because we are not challenging for everything. No doubt if we are in the top two come the last few months we will again see 20k for home games. Whether we like it or not, us Cardiff fans can be a fickle bunch



I agree our fan base is very fickle, let's hope Tans promises eventually come through :thumbright: :thumbright: :bluebird: :bluebird:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:22 pm

Don't understand why people worry about the money side, unless of course you have the money to buy the club, it's something you have no control over. Tan is likely to be here at least another 5 years if he's gonna convert 8 million a year, isn't taking the club to court to get it back, paying all the bills so others ain't taking us to court, making the club self sufficient.
Sorry but it appears to me the clubs finally being run like it should, as long as all the debts cleared When he leaves, which I don't believe will be for many years, I'll be happy. The trouble is Cardiff fans think the club is much bigger than it actually is.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:28 pm

barriboy wrote:Don't understand why people worry about the money side, unless of course you have the money to buy the club, it's something you have no control over. Tan is likely to be here at least another 5 years if he's gonna convert 8 million a year, isn't taking the club to court to get it back, paying all the bills so others ain't taking us to court, making the club self sufficient.
Sorry but it appears to me the clubs finally being run like it should, as long as all the debts cleared When he leaves, which I don't believe will be for many years, I'll be happy. The trouble is Cardiff fans think the club is much bigger than it actually is.

good post

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:35 pm

:evil:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:
Forever Blue wrote:
Jimmykingz wrote:If it wasn't for the rebrand he would be going down in history as an absolute hero.

Whether it was his sole decision or whether it was bad advice from those around him regarding that we will never know.

Give credit where it is due. He's kept the majority of his promises


Jimmy, Credit for what???

Please tell me ?


He promised premier league football (Even if it did mean going to red, which I voted against) and he got us there with his investment.

He spent a lot of money while there to try and keep us there but to no avail.

He said he would make us debt free and he is in the process of that, even if it is taking longer than we would all like, remember this isn't going to be like taking a loan out somewhere else. Its going to be a hell of a lot more complicated than that. It probably goes against financial fair play as well.
Yes our debt may be higher now than when he came, but we are now able to manage it better. Other clubs owned by billionaires are not debt free. Chelsea and Utd are riddle with it, its just they have the income to handle it without concern

Fact is, if it wasn't for him, would we actually have a club to support?

Im not a fan of his, and the sooner he goes the better. But in the long run everyone needs to look at what could have been if he did not come when he was needed. Did you not wave a Malaysian flag when he first came on the seen Annis?

Be honest, if it wasn't for the rebrand would you have this animosity towards him?


First answer is, to many our club thanks Tan is either sadly dead or virtually dead thanks to the Rebrand.

Second answer Martin, which you already know the truth.
Yes I with a loyal band of only 400 fans away at Coventry City on a Tuesday night, Welcomed TG, NOT Tan.
TG gave his word we would always be BLUE and keep our Identity, he eventually brought in Tan and when everything he promised us he realised under Tan would not happen, vanished so quick it was unbelievable.

I chatted to TG at Shsreholders meeting, he was an honourable man and felt embarrassed by what had happened. Never saw him again.


Also about 300 of those diehard fans don't go away anymore.


I'm not talking about the reputational damage he has done to the club. I agree, he's disillusioned a generation of fans with his actions, I know several people who don't want to go to the club while he is there.

But you didn't really answer any of my questions Annis. He has kept a lot of the promises he's made. He said we would be premier league and we were. He said we would be debt free and we are in that process. There are also others he haven't kept. But those two were the key points with everyone's decision to accept the rebrand

I want him gone, but I also see that in the long run, he will probably do a lot more good in his time here than most other owners ever have.




He also said, he was giving us £100mill, but he never he lent us it.
You say we are in the process, how longs the process, he's been at Cardiff Seven years has he not?

I was at meetings upon meetings five years ago and we were told then we would be immediately debt free, be honest you must admit, immediately does not mean five years and in Feb this year, again he said immediately and now we are half way through September and once again, immediately has been delayed.


I agree that he has said it would be done immediately and it never was. But at the end of the day it is being done. The main reason for people accepting the rebrand in the first place was being debt free. I don't care if it takes 5 more years. If at the end we are completely debt free and finally on a good sound financial footing what does it matter. It was never going to be as simple as just paying it off in one lump sum

With regards to the 100m, I never believe that he would be "giving" the money, I was always under the assumption we would be lending it.. When all the debt is changed to equity would it not technically had been given then anyway?



I was at every meeting held by our club and every time we were told by Tans Representives, from CEO'S,secretaries to Stadium managements that Tan was giving Cardiff City £100mill and that we would be immediately debt free.

So your saying its 100% being done now are you?
How do u know this?

As I don't know if it is or it is not? But promise after promise for 5 years and now going to be even longer.

Is our club nowadays feeling and looking better off to our fans?

Why are our crowds lower now than before Tan came along, an astonishing SEVEN years ago.


That's not what I'm saying. I'm simply going on the information Carl has posted is that the first 8 mill is in the process of being done. As I said, it can take another 5 years. But if the end is a debt free Cardiff City then everyone gets what they wants (Just several years later than promised by the bond villian :lol: )

We all know why the crowds are lower now than before and that's because of everything that has happened with the rebrand and the utter debacles of the last few seasons.. Also because we are not challenging for everything. No doubt if we are in the top two come the last few months we will again see 20k for home games. Whether we like it or not, us Cardiff fans can be a fickle bunch



I agree our fan base is very fickle, let's hope Tans promises eventually come through :thumbright: :thumbright: :bluebird: :bluebird:



Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:44 pm

We know Tans fucked the club up good and proper,its still Cardiff City so get in the car or a coach and support City at Norwich on saturday :bluebird: :bluebird:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:47 pm

Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.[/quote]






Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 3:50 pm

Forever Blue wrote:
oohahhPaulMillar wrote:This all seems a bit far fetched....why would it need approval from the Malaysian regulators and if so why is it taking so long????

Hope I'm wrong but something doesn't seem quite right!!!!


For me it's another delaying tactic and the whole circus show continues.

Some will continue to stick up for Tan, but I will state this and this is a fact.
Tan said five years ago he would make Cardiff City Debt Free and Tans been here 7 years.
We are more in debt than before Tan arrived and his CEO'S working for him have stated on his demand that Tan would make this club debt free, yet seven years later, his followers still say he is doing good for our club, you could not make it up.


Annis you've stated my current stance word for word :thumbup:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 4:01 pm

BrightBlueFuture wrote:
Forever Blue wrote:
oohahhPaulMillar wrote:This all seems a bit far fetched....why would it need approval from the Malaysian regulators and if so why is it taking so long????

Hope I'm wrong but something doesn't seem quite right!!!!


For me it's another delaying tactic and the whole circus show continues.

Some will continue to stick up for Tan, but I will state this and this is a fact.
Tan said five years ago he would make Cardiff City Debt Free and Tans been here 7 years.
We are more in debt than before Tan arrived and his CEO'S working for him have stated on his demand that Tan would make this club debt free, yet seven years later, his followers still say he is doing good for our club, you could not make it up.


Annis you've stated my current stance word for word :thumbup:



It's my honest view :bluebird: and facts back it up. So fed up of the bullshit.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 4:08 pm

Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.[/quote]


Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 4:13 pm

pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:[/quote]


Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 5:23 pm

TG Chan approached me in November 2009 to ask if I would be interested in making an equity investment in a British football club which had the possibility of being promoted to the top flight of English football.

I knew little of football then and regarded any potential investment as being solely a business decision. To that end I agreed to make an initial investment of £6 million for a 40% stake in Cardiff City Football Club.

That season Cardiff City made it to the play-offs and although we lost to Blackpool, I experienced first-hand the passion of the Cardiff fans towards their home club and I was convinced that with the right management and sufficient funding, Cardiff City could eventually make it into the Premier League.

I decided then to increase my investment and to date I have invested a total of £40.8 million (comprising £34.8 million in loans and £6 million in equity) in the club.

Over the course of the last two years, including some memorable home games and two trips to Wembley for matches being watched by millions worldwide, I sincerely believe that my investment has not been wasted even though we are still chasing that dream of making it to the Premier League.

I believe that our club has great potential, but in order to realise that potential real world business and financial decisions need to be made at the appropriate and opportune time. Locally driven revenues and investment can only secure the economic stability of Cardiff City to a certain extent given the level of financial burden that has been accumulated by the club prior to my coming on board as a major investor.

As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable.

As investors, we are duty bound to explore ways in which we believe the club can grow over the long term.

Things have not been rosy since we came on board, particularly given the severe financial constraints the club was facing.

We have however always acted in the best interests of the club with the singular objective of securing promotion to the Premier League.

Following TG’s appointment as chairman, we agreed that he would not draw any salary or other monetary compensation as chairman so as not to further burden the club financially.

TG does not even seek any reimbursement of his travel and lodging expenses from the Club despite having made numerous trips to the UK for the club’s business.

I am grateful to TG for his understanding. From a supporter’s perspective it may seem an easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealistic and simplified view of how a business can exist.

It’s clear that it is not economically viable or sensible to continue in this way.

Following discussions with the club’s board of directors we believe it is the opportune time for the next evolutionary phase, one which while potentially unpalatable for some due to our modifications to club colours, can also be exciting for the majority who want to see long term success, stability and prosperity attributed to Cardiff City Football Club.

Going forward, Cardiff City is expecting a cash injection in the amount of £35 million to meet its financial obligations for the period from until May 2013, including a substantial amount for squad strengthening within budgets.

Of this amount, £10 million has been earmarked to settle the Langston debt, which if accepted by Langston will go a fair way to cleaning up the balance sheet of the club.

This further £35 million cash injection coupled with my earlier investment of £40.8 million will make it a very sizeable £75.8 million invested in the club.

In addition to this, we have budgeted £10 million for the new Premier League standard training facilities and £12 million to increase the stadium capacity by an additional 8,000 seats to 35,000 seats.

Add this further £22 million CAPEX and our investment in Cardiff City will have ballooned to £97.8 million. With a contingency provision of another £2.2 million and our total investment will reach £100 million.

Looking further than the field of play, for Cardiff City to enjoy local success, international markets have to be explored to support the club financially.

Doing so I firmly believe gives the club the best opportunity for ensuring its economic stability for the short term, and can also unlock further potential to see the club best maintain top flight status should promotion be secured in the coming years.

To sit and wait for the possibility of promotion before carrying out any groundwork would make little sense. To this end the decision to begin the hard work now will only serve us best in the long term, maximising our chance to capitalise on our present endeavours if and when Premier League status is achieved, although I appreciate there are no guarantees.

For example, we are currently working on expanding televised coverage of the club in Asia for the seasons ahead, strengthening the already growing awareness of Cardiff City despite more attention being given in Asia to the Premier League clubs.

Other projects will be announced in due course once the building blocks are in place and when it is timely to do so, each of which can help the club in the long run.

Our desire is to implement our international and local strategies sensibly and to work at growing the wider affinity for the club, which again will see local dividends in South Wales via an improved balance sheet.

We are aware of the bridge between our club in its current guise to that of those who have enjoyed long term Premier League status.

But we also hold aspirations to bring Premier League status to the Welsh capital and should strive to make this a reality for all to cherish and enjoy.

I appreciate that a part of this strategy, namely the decision for the change of primary colour from blue to red is extremely emotional and for some quarters remains difficult to understand.

For all concerned I would like to emphasise that I hold no desire to trample on club history or heritage and would be saddened if supporters thought that this was my intention.

I have the greatest respect for the Welsh national symbol of the red dragon. I believe it to be a symbol of great strength and I was surprised it had such little coverage on the club’s badge.

It was for this reason that I suggested the improved focus of the Welsh dragon on the club’s badge and this despite suggestions by a Welsh designer to use a more modern version of the dragon instead.

I have since been told that the Welsh dragon was in fact on the club’s badge when it last won the FA Cup in 1927.

I firmly believe that this change in colour and stature will give this club a new focus and dynamism, linking as it does the symbolism of the colour red and the new focus on the Welsh dragon, along with the retention of the long standing Bluebird element.

With the powerful images these portray in both Wales and the Asian marketplaces I am prepared to back this vision with the investment that we have outlined above, which I would hope demonstrates both my commitment and confidence in that strategy.

Given our commitment to date, I sincerely would like to see our supporters join us on this journey with the sole desire of making Cardiff City Football Club the best it can be.

There is no reason why any existing supporter needs to be disenfranchised.

This is and always will remain your club.



That is the statement issued by VT outlining his reasons behind the re-brand and his £100m "Investment", absolutely nowhere in that statement does it state the £100m is to be a "Gift" only an investment. Included in that statement are a promise to invest in new players and despite backing two managers to the hilt far to many signings have been massive failures, is that really VT fault?

He has settled with Langston albiet for a hell of a lot more than the £10m promised in that statement, he has increased the stadium capacity, the new training ground is caught up in the planning process delays and in all likelyhood will not happen now given the current austerity.

Last year he promised to convert over £60m of his investment to equity in the club, I have no doubt that he will do that. but we live in times where it is difficult to move vast sums of money between countries without coming under scrutiny from national governments for tax liability etc. He also promised to write off £8m per season for the next 5 seasons and again I believe he will do this. Given all of this it looks like he will be around for another 5 years so this debt to equity is a non issue for me until 2020 at the earliest.

It just surprises me that people think a promise to "Invest" £100m in the club amounts to a promise to gift the club "£100m."


:bluescarf: :bluescarf: :bluescarf:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 5:36 pm

Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.[/quote]

why do you bang on about attendances so much does it real matter ?

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 5:38 pm

Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.[/quote]


Tbh think you are over stating our loyal support! 10k is about our normal level now and in the pre success years, (ccfc move) if we get promoted sure as hell we'll get the missing 20k fans come back!!!! As for pompey historically always had larger support than us regardless of league in. :thumbup:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 5:40 pm

castleblue wrote:TG Chan approached me in November 2009 to ask if I would be interested in making an equity investment in a British football club which had the possibility of being promoted to the top flight of English football.

I knew little of football then and regarded any potential investment as being solely a business decision. To that end I agreed to make an initial investment of £6 million for a 40% stake in Cardiff City Football Club.

That season Cardiff City made it to the play-offs and although we lost to Blackpool, I experienced first-hand the passion of the Cardiff fans towards their home club and I was convinced that with the right management and sufficient funding, Cardiff City could eventually make it into the Premier League.

I decided then to increase my investment and to date I have invested a total of £40.8 million (comprising £34.8 million in loans and £6 million in equity) in the club.

Over the course of the last two years, including some memorable home games and two trips to Wembley for matches being watched by millions worldwide, I sincerely believe that my investment has not been wasted even though we are still chasing that dream of making it to the Premier League.

I believe that our club has great potential, but in order to realise that potential real world business and financial decisions need to be made at the appropriate and opportune time. Locally driven revenues and investment can only secure the economic stability of Cardiff City to a certain extent given the level of financial burden that has been accumulated by the club prior to my coming on board as a major investor.

As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable.

As investors, we are duty bound to explore ways in which we believe the club can grow over the long term.

Things have not been rosy since we came on board, particularly given the severe financial constraints the club was facing.

We have however always acted in the best interests of the club with the singular objective of securing promotion to the Premier League.

Following TG’s appointment as chairman, we agreed that he would not draw any salary or other monetary compensation as chairman so as not to further burden the club financially.

TG does not even seek any reimbursement of his travel and lodging expenses from the Club despite having made numerous trips to the UK for the club’s business.

I am grateful to TG for his understanding. From a supporter’s perspective it may seem an easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealistic and simplified view of how a business can exist.

It’s clear that it is not economically viable or sensible to continue in this way.

Following discussions with the club’s board of directors we believe it is the opportune time for the next evolutionary phase, one which while potentially unpalatable for some due to our modifications to club colours, can also be exciting for the majority who want to see long term success, stability and prosperity attributed to Cardiff City Football Club.

Going forward, Cardiff City is expecting a cash injection in the amount of £35 million to meet its financial obligations for the period from until May 2013, including a substantial amount for squad strengthening within budgets.

Of this amount, £10 million has been earmarked to settle the Langston debt, which if accepted by Langston will go a fair way to cleaning up the balance sheet of the club.

This further £35 million cash injection coupled with my earlier investment of £40.8 million will make it a very sizeable £75.8 million invested in the club.

In addition to this, we have budgeted £10 million for the new Premier League standard training facilities and £12 million to increase the stadium capacity by an additional 8,000 seats to 35,000 seats.

Add this further £22 million CAPEX and our investment in Cardiff City will have ballooned to £97.8 million. With a contingency provision of another £2.2 million and our total investment will reach £100 million.

Looking further than the field of play, for Cardiff City to enjoy local success, international markets have to be explored to support the club financially.

Doing so I firmly believe gives the club the best opportunity for ensuring its economic stability for the short term, and can also unlock further potential to see the club best maintain top flight status should promotion be secured in the coming years.

To sit and wait for the possibility of promotion before carrying out any groundwork would make little sense. To this end the decision to begin the hard work now will only serve us best in the long term, maximising our chance to capitalise on our present endeavours if and when Premier League status is achieved, although I appreciate there are no guarantees.

For example, we are currently working on expanding televised coverage of the club in Asia for the seasons ahead, strengthening the already growing awareness of Cardiff City despite more attention being given in Asia to the Premier League clubs.

Other projects will be announced in due course once the building blocks are in place and when it is timely to do so, each of which can help the club in the long run.

Our desire is to implement our international and local strategies sensibly and to work at growing the wider affinity for the club, which again will see local dividends in South Wales via an improved balance sheet.

We are aware of the bridge between our club in its current guise to that of those who have enjoyed long term Premier League status.

But we also hold aspirations to bring Premier League status to the Welsh capital and should strive to make this a reality for all to cherish and enjoy.

I appreciate that a part of this strategy, namely the decision for the change of primary colour from blue to red is extremely emotional and for some quarters remains difficult to understand.

For all concerned I would like to emphasise that I hold no desire to trample on club history or heritage and would be saddened if supporters thought that this was my intention.

I have the greatest respect for the Welsh national symbol of the red dragon. I believe it to be a symbol of great strength and I was surprised it had such little coverage on the club’s badge.

It was for this reason that I suggested the improved focus of the Welsh dragon on the club’s badge and this despite suggestions by a Welsh designer to use a more modern version of the dragon instead.

I have since been told that the Welsh dragon was in fact on the club’s badge when it last won the FA Cup in 1927.

I firmly believe that this change in colour and stature will give this club a new focus and dynamism, linking as it does the symbolism of the colour red and the new focus on the Welsh dragon, along with the retention of the long standing Bluebird element.

With the powerful images these portray in both Wales and the Asian marketplaces I am prepared to back this vision with the investment that we have outlined above, which I would hope demonstrates both my commitment and confidence in that strategy.

Given our commitment to date, I sincerely would like to see our supporters join us on this journey with the sole desire of making Cardiff City Football Club the best it can be.

There is no reason why any existing supporter needs to be disenfranchised.

This is and always will remain your club.



That is the statement issued by VT outlining his reasons behind the re-brand and his £100m "Investment", absolutely nowhere in that statement does it state the £100m is to be a "Gift" only an investment. Included in that statement are a promise to invest in new players and despite backing two managers to the hilt far to many signings have been massive failures, is that really VT fault?

He has settled with Langston albiet for a hell of a lot more than the £10m promised in that statement, he has increased the stadium capacity, the new training ground is caught up in the planning process delays and in all likelyhood will not happen now given the current austerity.

Last year he promised to convert over £60m of his investment to equity in the club, I have no doubt that he will do that. but we live in times where it is difficult to move vast sums of money between countries without coming under scrutiny from national governments for tax liability etc. He also promised to write off £8m per season for the next 5 seasons and again I believe he will do this. Given all of this it looks like he will be around for another 5 years so this debt to equity is a non issue for me until 2020 at the earliest.

It just surprises me that people think a promise to "Invest" £100m in the club amounts to a promise to gift the club "£100m."


:bluescarf: :bluescarf: :bluescarf:




Thanks for this, Gary. Sure to fuel the debate! :thumbup:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 6:03 pm

Sven wrote:
castleblue wrote:TG Chan approached me in November 2009 to ask if I would be interested in making an equity investment in a British football club which had the possibility of being promoted to the top flight of English football.

I knew little of football then and regarded any potential investment as being solely a business decision. To that end I agreed to make an initial investment of £6 million for a 40% stake in Cardiff City Football Club.

That season Cardiff City made it to the play-offs and although we lost to Blackpool, I experienced first-hand the passion of the Cardiff fans towards their home club and I was convinced that with the right management and sufficient funding, Cardiff City could eventually make it into the Premier League.

I decided then to increase my investment and to date I have invested a total of £40.8 million (comprising £34.8 million in loans and £6 million in equity) in the club.

Over the course of the last two years, including some memorable home games and two trips to Wembley for matches being watched by millions worldwide, I sincerely believe that my investment has not been wasted even though we are still chasing that dream of making it to the Premier League.

I believe that our club has great potential, but in order to realise that potential real world business and financial decisions need to be made at the appropriate and opportune time. Locally driven revenues and investment can only secure the economic stability of Cardiff City to a certain extent given the level of financial burden that has been accumulated by the club prior to my coming on board as a major investor.

As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable.

As investors, we are duty bound to explore ways in which we believe the club can grow over the long term.

Things have not been rosy since we came on board, particularly given the severe financial constraints the club was facing.

We have however always acted in the best interests of the club with the singular objective of securing promotion to the Premier League.

Following TG’s appointment as chairman, we agreed that he would not draw any salary or other monetary compensation as chairman so as not to further burden the club financially.

TG does not even seek any reimbursement of his travel and lodging expenses from the Club despite having made numerous trips to the UK for the club’s business.

I am grateful to TG for his understanding. From a supporter’s perspective it may seem an easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealistic and simplified view of how a business can exist.

It’s clear that it is not economically viable or sensible to continue in this way.

Following discussions with the club’s board of directors we believe it is the opportune time for the next evolutionary phase, one which while potentially unpalatable for some due to our modifications to club colours, can also be exciting for the majority who want to see long term success, stability and prosperity attributed to Cardiff City Football Club.

Going forward, Cardiff City is expecting a cash injection in the amount of £35 million to meet its financial obligations for the period from until May 2013, including a substantial amount for squad strengthening within budgets.

Of this amount, £10 million has been earmarked to settle the Langston debt, which if accepted by Langston will go a fair way to cleaning up the balance sheet of the club.

This further £35 million cash injection coupled with my earlier investment of £40.8 million will make it a very sizeable £75.8 million invested in the club.

In addition to this, we have budgeted £10 million for the new Premier League standard training facilities and £12 million to increase the stadium capacity by an additional 8,000 seats to 35,000 seats.

Add this further £22 million CAPEX and our investment in Cardiff City will have ballooned to £97.8 million. With a contingency provision of another £2.2 million and our total investment will reach £100 million.

Looking further than the field of play, for Cardiff City to enjoy local success, international markets have to be explored to support the club financially.

Doing so I firmly believe gives the club the best opportunity for ensuring its economic stability for the short term, and can also unlock further potential to see the club best maintain top flight status should promotion be secured in the coming years.

To sit and wait for the possibility of promotion before carrying out any groundwork would make little sense. To this end the decision to begin the hard work now will only serve us best in the long term, maximising our chance to capitalise on our present endeavours if and when Premier League status is achieved, although I appreciate there are no guarantees.

For example, we are currently working on expanding televised coverage of the club in Asia for the seasons ahead, strengthening the already growing awareness of Cardiff City despite more attention being given in Asia to the Premier League clubs.

Other projects will be announced in due course once the building blocks are in place and when it is timely to do so, each of which can help the club in the long run.

Our desire is to implement our international and local strategies sensibly and to work at growing the wider affinity for the club, which again will see local dividends in South Wales via an improved balance sheet.

We are aware of the bridge between our club in its current guise to that of those who have enjoyed long term Premier League status.

But we also hold aspirations to bring Premier League status to the Welsh capital and should strive to make this a reality for all to cherish and enjoy.

I appreciate that a part of this strategy, namely the decision for the change of primary colour from blue to red is extremely emotional and for some quarters remains difficult to understand.

For all concerned I would like to emphasise that I hold no desire to trample on club history or heritage and would be saddened if supporters thought that this was my intention.

I have the greatest respect for the Welsh national symbol of the red dragon. I believe it to be a symbol of great strength and I was surprised it had such little coverage on the club’s badge.

It was for this reason that I suggested the improved focus of the Welsh dragon on the club’s badge and this despite suggestions by a Welsh designer to use a more modern version of the dragon instead.

I have since been told that the Welsh dragon was in fact on the club’s badge when it last won the FA Cup in 1927.

I firmly believe that this change in colour and stature will give this club a new focus and dynamism, linking as it does the symbolism of the colour red and the new focus on the Welsh dragon, along with the retention of the long standing Bluebird element.

With the powerful images these portray in both Wales and the Asian marketplaces I am prepared to back this vision with the investment that we have outlined above, which I would hope demonstrates both my commitment and confidence in that strategy.

Given our commitment to date, I sincerely would like to see our supporters join us on this journey with the sole desire of making Cardiff City Football Club the best it can be.

There is no reason why any existing supporter needs to be disenfranchised.

This is and always will remain your club.



That is the statement issued by VT outlining his reasons behind the re-brand and his £100m "Investment", absolutely nowhere in that statement does it state the £100m is to be a "Gift" only an investment. Included in that statement are a promise to invest in new players and despite backing two managers to the hilt far to many signings have been massive failures, is that really VT fault?

He has settled with Langston albiet for a hell of a lot more than the £10m promised in that statement, he has increased the stadium capacity, the new training ground is caught up in the planning process delays and in all likelyhood will not happen now given the current austerity.

Last year he promised to convert over £60m of his investment to equity in the club, I have no doubt that he will do that. but we live in times where it is difficult to move vast sums of money between countries without coming under scrutiny from national governments for tax liability etc. He also promised to write off £8m per season for the next 5 seasons and again I believe he will do this. Given all of this it looks like he will be around for another 5 years so this debt to equity is a non issue for me until 2020 at the earliest.

It just surprises me that people think a promise to "Invest" £100m in the club amounts to a promise to gift the club "£100m."


:bluescarf: :bluescarf: :bluescarf:




Thanks for this, Gary. Sure to fuel the debate! :thumbup:

The tan haters won't like that :lol:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 6:04 pm

wez1927 wrote:
Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.



Yes to me it does as with NO fans No point having a football club
why do you bang on about attendances so much does it real matter ?[/quote]

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 6:07 pm

Forever Blue wrote:
wez1927 wrote:
Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.



Yes to me it does as with NO fans No point having a football club
why do you bang on about attendances so much does it real matter ?
[/quote]
The club can't really do anymore than its doing ,cheap tickets etc Ive heard excuses on why people don5 go down the city for the last 30 years the fact is if we are wining they turn up and if we are losing they dont

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 7:03 pm

Why people believe that Cardiff has a large fan base is beyond me, even the year we got to the Cup final our average gate was below 14,000. In the early 60's when I first watched City in the old 1st Division our average was only in the 20,000's. I remember how how one week the ground was quite full, but then next week there was loads of room to run around. Cardiff simply never has been a footy mad city.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 7:23 pm

Cardiffs history is pretty dreadful .last successful season in the top flight 1953/4.average 38000. Compare that to virtually any big area in the UK and its quite an embarrassment.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 10:12 pm

Forever Blue wrote:I agree our fan base is very fickle, let's hope Tans promises eventually come through :thumbright: :thumbright: :bluebird: :bluebird:


i agree.

however, any goodwill that the fans have towards tan (and by extension the club) is gone. if the fans were treated properly maybe some would be more loyal.

i very much doubt if we had been blue all along and that tan had treated the fans properly that the attendance would be in these crisis figures.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 10:13 pm

wez1927 wrote:
Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.


why do you bang on about attendances so much does it real matter ?[/quote]

of course it does. maybe not in pure financial terms, but it shows that something is seriously wrong if fans are staying away.

it reflects terribly on the club to see swathes of empty seats in a televised match.

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Thu Sep 08, 2016 10:25 pm

Forever Blue wrote:
wez1927 wrote:
Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:Pembroke Allan
Fans are very fickle annis i heared yesterday Bristol c have sold 13.6k ST not that many more than us considering state our clubs Been in recently, and considering excuses our fans use for not supporting our club.







Allan, 2,000 more than us and they've not that long ago been in division three,thats not that bad and of course theres two clubs in Bristol. Its only just over two years ago we had 22,500 season ticket holders.



Lots glory seekers then and fickle supporters for us, they may have been in lower level but now in champ surely that's incentive to buy ST and would expect large upturn of sales compared to us and with our troubles, also Bristol can support two teams . :thumbup:



Also, we have hardly any competing for miles and miles around, with one million people in surrounding areas. Our club in the Championship should be getting 20,000 every home game.

Pompey get 18,000 in division 4 for home games.



Yes to me it does as with NO fans No point having a football club
why do you bang on about attendances so much does it real matter ?
[/quote]

I agree we as a club Have been pretty well supported especially since 2000 what ever league we were in, our away support was second to none, Tan systematicly smashed this with his Dictitorial red agenda, he has ripped the heart out of the club, we are now playing second fiddle in terms of attendance and league position to Swansea City :oops: and it may get worse if Bristol City keep getting stronger, thank you Mr Tan and your red army :bluebird:

Re: ' DEBT TO EQUITY - THE CURRENT SITUATION '

Fri Sep 09, 2016 9:41 am

SwampCCFC wrote:
Forever Blue wrote:I agree our fan base is very fickle, let's hope Tans promises eventually come through :thumbright: :thumbright: :bluebird: :bluebird:


i agree.

however, any goodwill that the fans have towards tan (and by extension the club) is gone. if the fans were treated properly maybe some would be more loyal.

i very much doubt if we had been blue all along and that tan had treated the fans properly that the attendance would be in these crisis figures.



:thumbright: :thumbright: :bluebird: :bluebird: