' JUST SO EVERYONE KNOWS TONIGHT/TOMORROW '

The only thing you could blame the board for his appointing him and not giving him decent funds if you really wanted a reason to have a go at the board but he says what players he wants and the board get them in and if they ain't performing then yes it is all Trollope's fault.

I like Trollope but the team ain't playing for him, he has to go sadly.

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

I think the lending bit was pretty difficult as well in terms of getting permission to invest money abroad

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

Can't understand why Tan needs government permission to transfer his personal money to an account in the UK. I can understand money laundering procedures have to be in place, but no idea why there is inteference from any government regarding transfer of personal funds once it has been established that it is for legitimate business use. Cardiff City Holdings are a British company trading in the UK. I may be being cynical, but something does'nt sound quite right to me, and I said the same thing months ago.

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

Can't understand why Tan needs government permission to transfer his personal money to an account in the UK. I can understand money laundering procedures have to be in place, but no idea why there is inteference from any government regarding transfer of personal funds once it has been established that it is for legitimate business use. Cardiff City Holdings are a British company trading in the UK. I may be being cynical, but something does'nt sound quite right to me, and I said the same thing months ago.

He not lending the money to Cardiff tho that has been done already he's writing it off

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

Can't understand why Tan needs government permission to transfer his personal money to an account in the UK. I can understand money laundering procedures have to be in place, but no idea why there is inteference from any government regarding transfer of personal funds once it has been established that it is for legitimate business use. Cardiff City Holdings are a British company trading in the UK. I may be being cynical, but something does'nt sound quite right to me, and I said the same thing months ago.

He not lending the money to Cardiff tho that has been done already he's writing it off

So people keep saying. How much has he written off so far?

http://www.cardiffcityforum.co.uk/viewtopic.php?f=2&t=178036

Apologies for a cut'n'paste job from the Lite Side board - not sure if its been posted already but apparently a meeting with the Trust's Keith Morgan (who posts on here I believe) was scheduled today and was just sent out to Trust members as a summary of sorts:


Meeting between Cardiff City CEO Ken Choo and Keith Morgan of the Trust 3/10/16.

Here is a summary of the main points arising from the above named meeting.

On field performance and manager position

Head Coach, Paul Trollope has been given 11 matches to prove himself. He has obviously adopted the Wales formation. However the results are far from satisfactory. The Management of the Club is extremely disappointed with the on field performance as we are driven by results. Therefore the Head Coach's position remains under close review.

The "Transfer Committee"

There has been a great deal of confusion over this, causing some misleading information on messageboards and other social media so Ken was pressed for a proper explanation of what really happens. It was explained as follows.

Potential new player recruits are identified by the club' s scouts across the UK and Europe. They report their findings to Head Scout who then makes a report with a long list of potential targets to an analytical department. They then research the players' backgrounds, dig out video and other reports and present them to the Head Coach who produces a short "wish list" to the Transfer Committee. The Transfer Committee (Chairman, Head Coach, CEO and a Director) will have to agree together with endorsement by owner Vincent Tan. It was stressed by Ken Choo that no-one on the transfer committee suggests players that the manager must sign - it is his choice alone, subject to financial constraints allowing.

Debt to Equity

This is an ongoing dialogue between the Trust and the club. The current position is as follows. The debt to equity conversion of £68m announced in February is still being progressed, but the club still awaits the necessary regulatory approval from Malaysia for it to move towards finalisation as is required by any Malaysian national undertaking such transactions. However, the first of the pledged five annual conversions of £8m has been approved and the transaction will be noted in the May 2016 audited accounts as an event which took place after the financial year end. The Trust will continue to monitor and report on progress in this matter.

Financial Fair Play

As a result of financial controls put in place by the club's board, the CEO was able to confirm that the accounts to 31 May 2016 which will shortly be submitted to the League will be FFP compliant with losses within the allowable limits. It was stressed however that compliance is an ongoing issue which will require further future financial controls to be in place.

Ken Choo stressed that he and the rest of the CCFC Board of Directors are fully aware of how fans feel about the current football performance. In order for us to win, we shall need ongoing support in the attempts to improve the position as soon as possible.

so looks like the club have met with a few different people today

So the debt to equity is still all talk at the moment apart from £8m. Seems to be taking a long time for this to be approved by a foreign country.

Personally, as a fan, I find it frustratingly slow as well which is why it is a frequent topic raised when the Trust attends club main board meetings and has meetings such as the one this evening.
I am no expert on the workings of the Malaysian regulatory system but ! Being the old cynic that I am, I have checked with my work colleagues in Kuala Lumpur who have confirmed both that such permission is necessary and that it can take a long time to obtain. Seems stupid to me, but it would that that' s the system out there.

so it's easy to lend money but far harder to give it away

Can't understand why Tan needs government permission to transfer his personal money to an account in the UK. I can understand money laundering procedures have to be in place, but no idea why there is inteference from any government regarding transfer of personal funds once it has been established that it is for legitimate business use. Cardiff City Holdings are a British company trading in the UK. I may be being cynical, but something does'nt sound quite right to me, and I said the same thing months ago.

He not lending the money to Cardiff tho that has been done already he's writing it off

So people keep saying. How much has he written off so far?

16 million plus converted a load 64 million is a lot more

I'll believe it when it happens then. Up until then, I will take most things with a pinch of salt, like most things that have happened recently. The club is in an obvious mess, and the people at the top have to take responsibility.

Let's all believe everything the club tells us, hey it must be true if the club tell us anything

he had the same problem regarding the money when he first joined Cardiff, the inland revenue were chasing us for payment, but he stated that he was waiting clearance from the malayian gorverment to pay the debt.
He paid it then so what they are saying now, to me seems quite feasible.
without his intervention at that time we could of ended up bankrupt