Cardiff City Forum



A forum for all things Cardiff City

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 6:45 pm

wez1927 wrote:There is no way Tan would potentially lose 150 million , if the new owners went into administration like Portsmouth done he would lose his money ,this 50 million offer is pie in the sky tbh , I know people want to get rid of Tan but it's better the devil you know sometimes .sams offer was better tbh


This is a concern for any seller still owed debts.

There's so many things that could go wrong in the future that would leave Tan without his £150M.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 6:49 pm

fred keenor wrote:As a senior city fan :old: , we saw the same in the early seventies
We missed relegation for 3 consecutive years , even down to last games requiring a point.
We eventually went down, came straight back up then we had the Leonards after the great Bob Grogan which saw us become 4th tier club until Sam came in here.
Until Tan is gone, we will never achieve anything and will eventually be relegated, it should have happened 2 years ago after the Reading points reduction.

Definitely a spite scenario, after the debacle of the red when the majority of fans quite rightly turned on him.he has had zero respect since, also often ridiculed on forums. He has the wealth to taunt us and continues to punish us.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 7:16 pm

LORD LUCAN wrote:
fred keenor wrote:As a senior city fan :old: , we saw the same in the early seventies
We missed relegation for 3 consecutive years , even down to last games requiring a point.
We eventually went down, came straight back up then we had the Leonards after the great Bob Grogan which saw us become 4th tier club until Sam came in here.
Until Tan is gone, we will never achieve anything and will eventually be relegated, it should have happened 2 years ago after the Reading points reduction.

Definitely a spite scenario, after the debacle of the red when the majority of fans quite rightly turned on him.he has had zero respect since, also often ridiculed on forums. He has the wealth to taunt us and continues to punish us.



So he's losing millions every year to spite the fans? Makes sense after all what's 12m a year to lose? peanuts some will say. :o

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 8:17 pm

The annoying thing it's Tan who's got us into this large debt through his poor management. He believes he's a good businessman, which he might be, but he still knows f**k all about running a football club.

Rather than cut his losses and sell, he'd rather stick with us and get us into MORE debt.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 8:41 pm

pembroke allan wrote:
LORD LUCAN wrote:
fred keenor wrote:As a senior city fan :old: , we saw the same in the early seventies
We missed relegation for 3 consecutive years , even down to last games requiring a point.
We eventually went down, came straight back up then we had the Leonards after the great Bob Grogan which saw us become 4th tier club until Sam came in here.
Until Tan is gone, we will never achieve anything and will eventually be relegated, it should have happened 2 years ago after the Reading points reduction.

Definitely a spite scenario, after the debacle of the red when the majority of fans quite rightly turned on him.he has had zero respect since, also often ridiculed on forums. He has the wealth to taunt us and continues to punish us.



So he's losing millions every year to spite the fans? Makes sense after all what's 12m a year to lose? peanuts some will say. :o

As the well worn saying goes ‘to make a small fortune from a football club start with a large one’ most Chairmen lose millions every year, very few make a profit.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 9:55 pm

Roath_Blue wrote:We are losing money year on year, scrimping on managers and players, along with in a relegation fight for the last three seasons.

As it stands we are nothing more than a (at best) mid table championship team, with dwindling support and a board that don’t know their arse from their elbow.


Tan is a businessman, a successful one, so I can not for the life of me figure out how he comes to a 200m valuation.

Even without the debt we wouldn’t be worth 200m.


I think the stadium is worth about £90m or so. Can’t recall where I had from, probably some old threads on here.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 9:57 pm

LORD LUCAN wrote:
pembroke allan wrote:
LORD LUCAN wrote:
fred keenor wrote:As a senior city fan :old: , we saw the same in the early seventies
We missed relegation for 3 consecutive years , even down to last games requiring a point.
We eventually went down, came straight back up then we had the Leonards after the great Bob Grogan which saw us become 4th tier club until Sam came in here.
Until Tan is gone, we will never achieve anything and will eventually be relegated, it should have happened 2 years ago after the Reading points reduction.

Definitely a spite scenario, after the debacle of the red when the majority of fans quite rightly turned on him.he has had zero respect since, also often ridiculed on forums. He has the wealth to taunt us and continues to punish us.



So he's losing millions every year to spite the fans? Makes sense after all what's 12m a year to lose? peanuts some will say. :o

As the well worn saying goes ‘to make a small fortune from a football club start with a large one’ most Chairmen lose millions every year, very few make a profit.



Very true but most get their money back + more as well ...

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 10:04 pm

A couple of months ago I had a few bob to invest but due diligence said Kanga and Meite are red flags, before any forensic financial searches.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 10:08 pm

None of us know how he manages his affairs. He could be writing off losses or making provisions at CCFC holding against his greater empire. who knows the workings of Malaysian high finance.

It does seem insane his strategy, but there must be some logic

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 10:26 pm

llan bluebird wrote:None of us know how he manages his affairs. He could be writing off losses or making provisions at CCFC holding against his greater empire. who knows the workings of Malaysian high finance.

It does seem insane his strategy, but there must be some logic



I agree we can all bandy figures around and say he's mad losing millions but as a buisness man he will have sound knowledge of what is sustainable and what he can do in regards to city's finances..

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 10:46 pm

Maybe the outcome of the current court cases are affecting the potential value. A lot of money at stake.

Re: An American Company interested in Cardiff City:

Tue Nov 26, 2024 11:08 pm

Somebody in the UK just won £177 mil in the lottery. If you know the person, link then up with Tan :lol:

Re: An American Company interested in Cardiff City:

Wed Nov 27, 2024 1:58 am

Forever Blue wrote:In the last few years I know of 3 Different potential buyers who have tried to buy Cardiff City.
Even Chairman Dalman admitted we had offers.


4th potential buyer

A couple of months ago an American Company contacted our hierarchy and after several weeks walked away as they could not negotiate with us.

Apparently our debt for what we they are asking is way over the Valuation.

I know this to be true as the person who introduced them is a big name in Wales / England and a good friend of mine.
They believe £50 mill and taking on our High Debts is Fair

I have to agree.



Annis is Tan looking for £200 million plus debt which is wildly excessive or £200 million including the debt much of which (not all) I believe is owed to him. The latter is probably not a million miles away from £50 million plus the debt.

Re: An American Company interested in Cardiff City:

Wed Nov 27, 2024 8:27 am

llan bluebird wrote:None of us know how he manages his affairs. He could be writing off losses or making provisions at CCFC holding against his greater empire. who knows the workings of Malaysian high finance.

It does seem insane his strategy, but there must be some logic


Well said mate. we don’t know. It could be like Elon Musk. Everyone thought he’d shafted himself buying twitter and seeing the value drop billions and that it had cost him a fortune. When it turns out, once the share price collapsed, he sold them to another of his companies and realised a multi billion dollar capital loss that he can now set against any future capital gains. Plus he still owns the company!

Re: An American Company interested in Cardiff City:

Thu Nov 28, 2024 3:17 pm

Does VT own the stadium and the land or is it joint with someone else, tbh businessmen around the world lose millions, wouldn't surprise if he has no issues with us going down and folding, a big hit to start but then he would make up those losses pretty quickly I should imagine, is he after revenge from the red?

Re: An American Company interested in Cardiff City:

Thu Nov 28, 2024 6:47 pm

1980s Bluebird wrote:Does VT own the stadium and the land or is it joint with someone else, tbh businessmen around the world lose millions, wouldn't surprise if he has no issues with us going down and folding, a big hit to start but then he would make up those losses pretty quickly I should imagine, is he after revenge from the red?
Cardiff City own the stadium and the land i believe is on a very long lease so affectively a freehold

Re: An American Company interested in Cardiff City:

Thu Nov 28, 2024 7:14 pm

wez1927 wrote:
1980s Bluebird wrote:Does VT own the stadium and the land or is it joint with someone else, tbh businessmen around the world lose millions, wouldn't surprise if he has no issues with us going down and folding, a big hit to start but then he would make up those losses pretty quickly I should imagine, is he after revenge from the red?
Cardiff City own the stadium and the land i believe is on a very long lease so affectively a freehold



Whilst the stadium and land is counted as assets it is fundamentally worthless to owner as he is unable to sell it or buy it due to restrictions put on it ..... and thank god for that but it should be law that clubs cannot sell stadium off separately from rest of club like Derby Coventry and others have its the ruin of clubs