' CARDIFF CITY' FC - ACTUAL VALUATION '

I agree, I don’t think a takeover is likely purely out of his stubbornness. He’ll keep chasing cash. It was a similar story at Reading, Sheffield Wednesday are going through the same. Owners who ran the club into the ground, through poor ownership and are left with assets valued considerably less than they’ve invested. We’ve made a considerable loss in pretty much every season he’s owned us. In most other industries, we’d have been wound up a long time ago, but football is different.

The club has a value in L1 of 30-40m, debt free. Ignoring the stadium, that brings in little, to nothing in direct revenue, the numbers are driven by tv and sponsorship revenue. Clubs in the championship are worth more, purely because of the chance to get those premier league riches. Tan has dug himself a hole and is unlikely to accept a big loss on his investment, but consortiums like Bale will see an opportunity and try play on it, as it going on now.

If Tan chooses to keep the club, he’ll once again likely have to commit 15-20m in running costs this season, and that’ll be added to our debt pile. If we go up, he likely gets it back in value increase, we don’t, he has to suck it up. Our only hope is he decides he’d rather suck up the loss and try come out looking the good guy with Bale as a frontman.

:shock:

He inherited a debt and a club that was losing money every month with season ticket money already in and spent for a number of years.

Granted he has made a lot of mistakes but let’s not pretend he took over a club thriving. He took over a club that was close to being wound up by the HMRC and it was not making enough money to cover its costs.

Agreed, it was a club in poor health when Tan took over. But he’s certainly not helped that. Admittedly the debt is to him and not numerous shell companies and Government bodies, but we’re financially dead at the moment. We’re about £70m higher in debt v real assets and that’s not a good place to be. He’s ruined us with his poor decision making and eventually will make a significant loss as a result.

Stadium is 85 million asset fully owned by Cardiff city holdings so people need to remember that in any sale that involves the club and stadium.

The stadium is practically worthless to anyone.
It as to be sporting venue so either city or the blues only potential users so what's point of someone buying stadium for what it's worth 50m or so how much will they charge city or blues to rent it? Not financially a viable asset ...even if buy it then sell it to new owners the value won't go above original price..... same with academy or training ground to many obstacles in way to make them saleable assets .. no club as to be sold as a complete entity so value will be set accordingly

It's still an asset tho , its a money making asset its just not matchdays

Yes writs an asset but withlimited scope go make money for anyone buying it? As we know covenant limits it to sport use so who can use a 33k stadium in South East Wales? And dho cab afford yhhe running costs plus the rent a commercial enterprise would want ..as would want to cover their 60m+ acquisition .. tan could sell it for his 50m but then he'll be paying out to rent it back of new owners so eating into his money again? Really not sure there's an answer other yhan tan accepting a reasonable offer for club in its entirety or tuff it out this season to see if gets promoted if dont he's simply lost another 20m+ which he won't get back

I can't see Tan leaving. He is 73, his kids are taking over the empire, he is semi, almost fully retired, he doesn't need to liquidate any of his assets.

Does he need to take a massive haircut, and sell at a discount? No.

Can he lose £6~£10 million loss every year? Yes, if he threw £500 million into government bonds, he'd get over £20 million a year, but he has people investing his money, so he'd get more than 4%.

He can afford to wait and see if we return in the first season. He is in the driving seat.

I can't see Tan leaving. He is 73, his kids are taking over the empire, he is semi, almost fully retired, he doesn't need to liquidate any of his assets.

Does he need to take a massive haircut, and sell at a discount? No.

Can he lose £6~£10 million loss every year? Yes, if he threw £500 million into government bonds, he'd get over £20 million a year, but he has people investing his money, so he'd get more than 4%.

He can afford to wait and see if we return in the first season. He is in the driving seat.

That’s fair. What’s another £10m to him, he’ll see how the first 6 months go, I’d imagine. If we struggle, perhaps it brings him to the table, if we go well under BBM, he’ll see a return on any outlay with the promotion.

I can't see Tan leaving. He is 73, his kids are taking over the empire, he is semi, almost fully retired, he doesn't need to liquidate any of his assets.

Does he need to take a massive haircut, and sell at a discount? No.

Can he lose £6~£10 million loss every year? Yes, if he threw £500 million into government bonds, he'd get over £20 million a year, but he has people investing his money, so he'd get more than 4%.

He can afford to wait and see if we return in the first season. He is in the driving seat.

He wont sell cheap that's for sure , he did say he was going to give his fortune away so im not sure he's money motivated.

A "football finance expert" values us at £35M to £40M tops based on revenue multipliers and assets valuations. Here's a link if you fancy a scan:

https://www.footballinsider247.com/excl ... -rejected/