A few people have looked at Cardiff City Holdings Limited -

I started this thread and will finish it.


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


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the exact figure) was allowed for in the accounts for Sala/Nantes, in the event that we lose,in reality this money was withdrawn and not actually kept in escrow or in a bank account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

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

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 Also Tan having “definitely” withdrawn lots of money,was forced to continue paying shortfalls on the drip as and when required .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

Quote (Ninian27): "I started this thread, so I'll finish it..."

I actually appreciated (and largely agreed) with one of your threads/posts for once; and then you go and spoil it by reverting to type (and giving yoyrself away somewhat)

Like any other, the thread stops when members decide they have nothing more to say; not when you tell them...!

I started this thread and will finish it.


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


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the exact figure) was allowed for in the accounts for Sala/Nantes, in the event that we lose,in reality this money was withdrawn and not actually kept in escrow or in a bank account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

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

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

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

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

The club is fucked under him



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

How many multi s you got ? This is the true situation on the club accounts without tans 16 million loan during the pandemic we would be fucked and that's the fact.


In terms of liabilities, the club owed £109.5m which was technically repayable by May 31, 2022. However, this total included £61m of loans from Vincent Tan and £20.8m of loans from directors and other connected parties. In addition, there was a balance of £6.2m outstanding in respect of an EFL interest-free loan taken out (like many other clubs) to help with the impact of the Covid pandemic on income.

During the year Vincent Tan provided new loans to the club of £16m and was repaid £1m. As a result, the debt due to him went up by £15m. Of the £61m total which was due, £38.7m was interest-bearing at 7% p.a. and £22.3m non-interest bearing. Since the year-end he has converted £6.6m of this debt into shares. The club has an undertaking (not legally binding) that he will continue his financial support for the club for at least 12 months after the date the accounts were signed off – i.e. until at least the end of February 2023.

I started this thread and will finish it.


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


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

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

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

Quote (Ninian27): "I started this thread, so I'll finish it..."

I actually appreciated (and largely agreed) with one of your threads/posts for once; and then you go and spoil it by reverting to type (and giving yoyrself away somewhat)

Like any other, the thread stops when members decide they have nothing more to say; not when you tell them...!

It needs a bit of intellectual on here.


Tan gave many loans over the years . You can dress them up in any shape,they are still loans . He withdrew back a lot of money to repay some of those loans .It seems that now - whoever is disagreeing with you is admitting that he did withdraw and that it was big .Also what about the Sala money ?

100% it is not any more with the Club ! Not in escrow and not in any account . Where did it go ?

However , the main point is that Tan has probably been a net taker rather than a net payer . One can not tell for sure ….. but Tan can not or does not want to put any more money in CCFC unless he absolutely has to.

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

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

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

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

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

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

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

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

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

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

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

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

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

Wez,

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

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

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

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

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

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

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

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

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

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

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

100% he took around £32 million ….. it is in the 2019 accounts.

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

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

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

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

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

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

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

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

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

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

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

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

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

Wez,

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

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

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

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

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

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

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

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

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

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

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

100% he took around £32 million ….. it is in the 2019 accounts.

He put it in tho ,have a look at the accounts ,he put it in May when we were promoted and took it out in the December when the 1st TV money was paid thats the facts ,your making on our that Tan took it out but it was a cash flow advance loan have a look at the accounts amounts there is a shareholder loan in the said accounts ,how did we pay for our summer spending transfers ? Think about it we had to pay promotion bonuses and players transfers fees how did we have the money with out tan borrowing this monies to the club, hecbascally sercured his lonan against the TV money ? That is why the debt wed to tan didn't go up by 32 odd million that year.

£19 million (approx) allowed for Sala, is NOT SET ASIDE anywhere . It is not sitting there anywhere for the Club to pay, when - unfortunately but surely - they have to. Tan “personally” will have to pay it, of course - in the form of a loan once again. The lots of money that Tan repaid himself ,he is having to repay back ,albeit, on the drip, when the Club can not pay .?

£19 million (approx) allowed for Sala, is NOT SET ASIDE anywhere . It is not sitting there anywhere for the Club to pay, when - unfortunately but surely - they have to. Tan “personally” will have to pay it, of course - in the form of a loan once again. The lots of money that Tan repaid himself ,he is having to repay back ,albeit, on the drip, when the Club can not pay .?

Even though its been said on many occasions by many people that money
was set aside you say no money is set aside ? Presumably they all lied or didn't have the inside knowledge you obviously have .

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

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

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

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

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

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

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

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

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

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

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

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

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

Wez,

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

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

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

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

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

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

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

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

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

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

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

100% he took around £32 million ….. it is in the 2019 accounts.

You do not have the required permissions to view the files attached to this post.

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

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

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

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

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

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

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

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

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

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

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

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

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

Wez,

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

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

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

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

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

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

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

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

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

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

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

100% he took around £32 million ….. it is in the 2019 accounts.

There is nothing in the accounts showing that a 32 million pound payment was made to tan or any other director or share holder only a repayment of a working capital loan to a 3rd party company, please show in the account where a payment of 32 million was made to vincent tan coz I've looked and can't see any reference to it .

I started this thread and will finish it.


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


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

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

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

Quote (Ninian27): "I started this thread, so I'll finish it..."

I actually appreciated (and largely agreed) with one of your threads/posts for once; and then you go and spoil it by reverting to type (and giving yoyrself away somewhat)

Like any other, the thread stops when members decide they have nothing more to say; not when you tell them...!

It needs a bit of intellectual on here.


Tan gave many loans over the years . You can dress them up in any shape,they are still loans . He withdrew back a lot of money to repay some of those loans .It seems that now - whoever is disagreeing with you is admitting that he did withdraw and that it was big .Also what about the Sala money ?

100% it is not any more with the Club ! Not in escrow and not in any account . Where did it go ?

However , the main point is that Tan has probably been a net taker rather than a net payer . One can not tell for sure ….. but Tan can not or does not want to put any more money in CCFC unless he absolutely has to.

How can he be a net taker when he's written off nearly 69 million of loans s , millions converted from debt to equity and we still owe him over 61 million, I don't think you have a grasp of mathematics at all .the longer this thread is going on the more your showing yourself up .your having a right mare on this

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

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

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

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

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

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

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

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

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

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

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

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

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

Wez,

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

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

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

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

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

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

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

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

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

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

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

100% he took around £32 million ….. it is in the 2019 accounts.

But Annis that is just us returning a very short term cash loan he gave us when we got promoted to buy players with in the summer before the tv money came in??

You’ve made it out like he is taking cash out and draining our resources which is completely untrue

I started this thread and will finish it.


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


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

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

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

Quote (Ninian27): "I started this thread, so I'll finish it..."

I actually appreciated (and largely agreed) with one of your threads/posts for once; and then you go and spoil it by reverting to type (and giving yoyrself away somewhat)

Like any other, the thread stops when members decide they have nothing more to say; not when you tell them...!

It needs a bit of intellectual on here.


Tan gave many loans over the years . You can dress them up in any shape,they are still loans . He withdrew back a lot of money to repay some of those loans .It seems that now - whoever is disagreeing with you is admitting that he did withdraw and that it was big .Also what about the Sala money ?

100% it is not any more with the Club ! Not in escrow and not in any account . Where did it go ?

However , the main point is that Tan has probably been a net taker rather than a net payer . One can not tell for sure ….. but Tan can not or does not want to put any more money in CCFC unless he absolutely has to.

Do you actually believe tan has taken more money out of the club than he’s put in lol

You think he’s made a profit from owning us???

Havent seen the exchange to equity mentioned Or doesn't it fit the narrative?

I'm thinking in the real world with a gambler. When he's on a losing run he will keep chasing his debts, but every time he does it he loses more money. Then on a Sunday evening after big losses he has the opportunity to try and recover 20% of is 100 quid bet by cashing out. He then feels good cos he has 20 quid in the bank.

I started this thread and will finish it.


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


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

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

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

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

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

The club is fucked under him



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

How many multi s you got ? This is the true situation on the club accounts without tans 16 million loan during the pandemic we would be fucked and that's the fact.


In terms of liabilities, the club owed £109.5m which was technically repayable by May 31, 2022. However, this total included £61m of loans from Vincent Tan and £20.8m of loans from directors and other connected parties. In addition, there was a balance of £6.2m outstanding in respect of an EFL interest-free loan taken out (like many other clubs) to help with the impact of the Covid pandemic on income.

During the year Vincent Tan provided new loans to the club of £16m and was repaid £1m. As a result, the debt due to him went up by £15m. Of the £61m total which was due, £38.7m was interest-bearing at 7% p.a. and £22.3m non-interest bearing. Since the year-end he has converted £6.6m of this debt into shares. The club has an undertaking (not legally binding) that he will continue his financial support for the club for at least 12 months after the date the accounts were signed off – i.e. until at least the end of February 2023.

Wez, clearly a 'multi' but what's more intriguing is where he gets his info from? There are a small group (some may be one and the same) who spout the same stuff almost word for word...

At least Something_Blue mucks it up in his own words...

I am unsure if i have actually seen any figures. What does Vinny think the club is worth ?

is it more the £60 mill ? After that we owe a minority shareholder £30 mill, in this example, we expect him to write off all the loan notes for £30 mill ?

So is he expecting £100 mill ?

I am unsure if i have actually seen any figures. What does Vinny think the club is worth ?

is it more the £60 mill ? After that we owe a minority shareholder £30 mill, in this example, we expect him to write off all the loan notes for £30 mill ?

So is he expecting £100 mill ?

Other creditors are at 20 million in tbexlast set of accounts so looks like the club have been paying these loans off , I think your right about wanting 100 odd million tho.

I am unsure if i have actually seen any figures. What does Vinny think the club is worth ?

is it more the £60 mill ? After that we owe a minority shareholder £30 mill, in this example, we expect him to write off all the loan notes for £30 mill ?

So is he expecting £100 mill ?

He wants a reported £200m after what he says he has spent and seen other clubs go for...

I don't know about finances in and/or out but it's way above what I had expected; but I guess he has to be seen not to lose come departure day

After conversations elsewhere, I am now convinced he wants out and will eventually be tempted by one of the propsals on the table subject to their willingness to increase the finacial return to the current owner

The ball is in his court and he can afford to play hardball to a large extent

I'm really not sure why this as carried on for so long? But anyway City's accounts have never really been understood by anyone except one person (not on this thread) in all the years I've been on this forum? Dalman and other loan needs to be included in sale price unless parties say otherwise..... so take that plus fixtures and fittings that must equate to 40m+ suspect ground not included in sale due to council involvement so what tan wants is last part of sale so be surprised if less than 100m because buyers have to buy tans shares in club which stand at roughly 95% of shares in club which makes amount club is worth more like 200m ..... unless of course tan takes the hit and writes off his investment.

I'm really not sure why this as carried on for so long? But anyway City's accounts have never really been understood by anyone except one person (not on this thread) in all the years I've been on this forum? Dalman and other loan needs to be included in sale price unless parties say otherwise..... so take that plus fixtures and fittings that must equate to 40m+ suspect ground not included in sale due to council involvement so what tan wants is last part of sale so be surprised if less than 100m because buyers have to buy tans shares in club which stand at roughly 95% of shares in club which makes amount club is worth more like 200m ..... unless of course tan takes the hit and writes off his investment.

The council only own the land not the stadium,the club has a 100 odd year lease on that so the stadium is still worth 80 million that is in the accounts.

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

I'm really not sure why this as carried on for so long? But anyway City's accounts have never really been understood by anyone except one person (not on this thread) in all the years I've been on this forum? Dalman and other loan needs to be included in sale price unless parties say otherwise..... so take that plus fixtures and fittings that must equate to 40m+ suspect ground not included in sale due to council involvement so what tan wants is last part of sale so be surprised if less than 100m because buyers have to buy tans shares in club which stand at roughly 95% of shares in club which makes amount club is worth more like 200m ..... unless of course tan takes the hit and writes off his investment.

I hope that these comments on the actual facts clarify the real position

1. Despite what was claimed as a fact earlier in this thread there has never been a financial year where Vincent Tan has taken a loan repayment of £54m.

2. In the year to 31 May 2018 he introduced loans of £24.6m with no repayments taken.
In the year to 31 May 2019 he did take loan repayments of £32.3m with no new loans introduced.
In the year to 31 May 2020 he put new loans in of £13.9m and took loan repayments of £5.1m.
In the year to 31 May 2021 he put new loans in of £16.1m and took loan repayments of £1.0m

3. Totalling the figures in 2. above shows cash in from VT of £54.6m and loan repayments of £38.4m so net cash introduced by way of loans of £16.2m.


So the claim of £54m taken out is untrue and misleading. This was pointed about earlier in this thread by a chartered accountant (not me, unlike others I only use one name to post on here) but seems to have been ignored.

Two other impacts on the loan balance not involving cash in or out have been the conversions of loan debt into shares - £12.7m in the year to 31 May 2017 and £66.4m in the following year (when further net loans of £24.6m were put in by VT).

Hope this helps.

I'm really not sure why this as carried on for so long? But anyway City's accounts have never really been understood by anyone except one person (not on this thread) in all the years I've been on this forum? Dalman and other loan needs to be included in sale price unless parties say otherwise..... so take that plus fixtures and fittings that must equate to 40m+ suspect ground not included in sale due to council involvement so what tan wants is last part of sale so be surprised if less than 100m because buyers have to buy tans shares in club which stand at roughly 95% of shares in club which makes amount club is worth more like 200m ..... unless of course tan takes the hit and writes off his investment.

I hope that these comments on the actual facts clarify the real position

1. Despite what was claimed as a fact earlier in this thread there has never been a financial year where Vincent Tan has taken a loan repayment of £54m.

2. In the year to 31 May 2018 he introduced loans of £24.6m with no repayments taken.
In the year to 31 May 2019 he did take loan repayments of £32.3m with no new loans introduced.
In the year to 31 May 2020 he put new loans in of £13.9m and took loan repayments of £5.1m.
In the year to 31 May 2021 he put new loans in of £16.1m and took loan repayments of £1.0m

3. Totalling the figures in 2. above shows cash in from VT of £54.6m and loan repayments of £38.4m so net cash introduced by way of loans of £16.2m.


So the claim of £54m taken out is untrue and misleading. This was pointed about earlier in this thread by a chartered accountant (not me, unlike others I only use one name to post on here) but seems to have been ignored.

Two other impacts on the loan balance not involving cash in or out have been the conversions of loan debt into shares - £12.7m in the year to 31 May 2017 and £66.4m in the following year (when further net loans of £24.6m were put in by VT).

Hope this helps.

Thanks it does... out curiosity what roughly is the debt of club. And what is a reasonable value price of club based on what debt we have?

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

No we aren't coz stadium and club is owned by the same company and not seperate entities.the club could sell the stadium to tan like Derby done tho in future.

So pride park was worth £37 million for a similar sized stadium in a shit area. With Cardiff land prices and the second revenue stream of Wales games we could say the CCS is £50~ £60mill, then the club, its membership of the championship and player assets are £30~£40 million, we are not worth anything more than £100 million. £200 million, he is tripping.

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

No we aren't coz stadium and club is owned by the same company and not seperate entities.the club could sell the stadium to tan like Derby done tho in future.

Can they? Thought council have a veto on such a thing ..... as for pride park that was a con to dodge ffp morris paid 80m for stadium and miraculously new owners paid 22m for it..

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

No we aren't coz stadium and club is owned by the same company and not seperate entities.the club could sell the stadium to tan like Derby done tho in future.

Can they? Thought council have a veto on such a thing ..... as for pride park that was a con to dodge ffp morris paid 80m for stadium and miraculously new owners paid 22m for it..

No the only thing is that the for planing permission can only be used for a sporting stadium ,so basically a Wimbledon situation would be avoided ie it cant be sold off by the cub for a supermarket or housing.
housing or

So pride park was worth £37 million for a similar sized stadium in a shit area. With Cardiff land prices and the second revenue stream of Wales games we could say the CCS is £50~ £60mill, then the club, its membership of the championship and player assets are £30~£40 million, we are not worth anything more than £100 million. £200 million, he is tripping.

The stadium was valued at 86 million in the latest accounts I think but I may be wrong.

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

No we aren't coz stadium and club is owned by the same company and not seperate entities.the club could sell the stadium to tan like Derby done tho in future.

Can they? Thought council have a veto on such a thing ..... as for pride park that was a con to dodge ffp morris paid 80m for stadium and miraculously new owners paid 22m for it..

No the only thing is that the for planing permission can only be used for a sporting stadium ,so basically a Wimbledon situation would be avoided ie it cant be sold off by the cub for a supermarket or housing.
housing or

Yes wez that's what I thought and that's why said not sure if stadium is not part of any sale or valuation for this reason...
Whatever it is selling a club is not just a question of someone offering money there can be several other factors to be taken into account? Logic tells you that club is worth 60m+ then theres dalman and others to pay..... plus whatever tan wants to recoup his investment made...

£200 mill, we could be in for a long wait then. I was trying to work out if we are in the same position as Derby County and it feels the same

Companies House update on Pride Park explained

Football finance expert Kieran Maguire says the purchase of Pride Park stadium cost Clowes Developments £22million. Companies House records formally showed the removal of Mel Morris as a director of the stadium's holding company and installation of Clowes and his colleagues.

"Gellaw Newco 204, controlled by Morris, ceases control and writes off £59m of loans due from Gellaw Newco 202, which owns Pride Park," he said on Twitter. "Morris is no longer a director and David Clowes joins the board. Effective sale price of stadium £22m."


https://www.derbytelegraph.co.uk/sport/ ... es-7111574

No we aren't coz stadium and club is owned by the same company and not seperate entities.the club could sell the stadium to tan like Derby done tho in future.

Can they? Thought council have a veto on such a thing ..... as for pride park that was a con to dodge ffp morris paid 80m for stadium and miraculously new owners paid 22m for it..

No the only thing is that the for planing permission can only be used for a sporting stadium ,so basically a Wimbledon situation would be avoided ie it cant be sold off by the cub for a supermarket or housing.
housing or

Yes wez that's what I thought and that's why said not sure if stadium is not part of any sale or valuation for this reason...
Whatever it is selling a club is not just a question of someone offering money there can be several other factors to be taken into account? Logic tells you that club is worth 60m+ then theres dalman and others to pay..... plus whatever tan wants to recoup his investment made...

Bump