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
Tue Nov 26, 2024 6:49 pm
fred keenor wrote:As a senior city fan, 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.
Tue Nov 26, 2024 7:16 pm
LORD LUCAN wrote:fred keenor wrote:As a senior city fan, 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.
Tue Nov 26, 2024 8:17 pm
Tue Nov 26, 2024 8:41 pm
pembroke allan wrote:LORD LUCAN wrote:fred keenor wrote:As a senior city fan, 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.
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.
Tue Nov 26, 2024 9:57 pm
LORD LUCAN wrote:pembroke allan wrote:LORD LUCAN wrote:fred keenor wrote:As a senior city fan, 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.
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.
Tue Nov 26, 2024 10:04 pm
Tue Nov 26, 2024 10:08 pm
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
Tue Nov 26, 2024 10:46 pm
Tue Nov 26, 2024 11:08 pm
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.
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
Thu Nov 28, 2024 3:17 pm
Thu Nov 28, 2024 6:47 pm
Cardiff City own the stadium and the land i believe is on a very long lease so affectively a freehold1980s 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?
Thu Nov 28, 2024 7:14 pm
wez1927 wrote:Cardiff City own the stadium and the land i believe is on a very long lease so affectively a freehold1980s 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?