" Vincent Tan Statement "

Got few of the fans thinking.
You serious whats new? He explained to someone of you mindless idiots where the investment adds up and his opinion of it.
Really question people saying whats new, fools.

Is he saying that we have £25m from the £35m for budget (transfer/wages!)

I assumed that 35 mil was the season budget, consider our losses coming out of that too, see my previous post

Exciting stuff from Tan

Pissing my pants!

What's so exciting about it? It's nothing new.

A cash injection of £35m this season is not exciting?

So the upshort is there's is no new injection of 100 million that's just the running total of what's put in.

We have 10 mil for players? Didn't we have 5 mil in January? And we are rebranding for this?

Can you read? there's a clear paragraph in the statement outlining the 100 million inverstment!

Stop all the rumours thst they are going back on theirword and not investing full amount,very happy now,lets look forward to season.

Also looking forward to the new season.

Trying to work out a transfer budget from the figures given....

£35 million investment for the new season that includes a transfer budget and 10 million earmarked for Langston

We were losing 1.5 million a month, so that's include that

1.5 million x 12 = 18 million

10 for Sam

= 28 million

35-28 = 7 million


Anything else to subtract?

Pretty sure running costs don't come out of an investment injection?

And no real reason behind the change of the colour and badge. Just because he thought the dragon didn't get enough coverage on the old badge and it links Wales ad Asia!

Amazed!!

The guy is putting in £100 mill - if he wants red he is going to get red. Get used to it!

They are reckless gamblers. They will do our club more harm than good

What a Crock of Sh!t!!

Vincent Tan has just respouted information that we already knew in a way thats more palatable.

I understand the change needs to happen i appreciate we cant survive the way we are going but at least make it a badge and kit we can be proud of not some j league kit with a badge that looks like it was drawn in the dark.

Karl's design is pukka and should have been taken on board by the club at least it makes us look a lot more offical as opposed to a mickey mouse wrexham in disguise.

See how comments regarding mcphail and earnie playing a big part next season are being spouted about insinuate's that we are not going to be spending upfront etc.

I just want credible information that i can understand.

I support City not the colour but this guy is making it hard to trust what you love.

Trying to work out a transfer budget from the figures given....

£35 million investment for the new season that includes a transfer budget and 10 million earmarked for Langston

We were losing 1.5 million a month, so that's include that

1.5 million x 12 = 18 million

10 for Sam

= 28 million

35-28 = 7 million


Anything else to subtract?

Pretty sure running costs don't come out of an investment injection?

The quote is :
Going forward, Cardiff City is expecting a cash injection in the amount of £35 million to meet its financial obligations for the period from now until May 2013

Total running costs that sounds like too me

Exciting stuff from Tan

Pissing my pants!

What's so exciting about it? It's nothing new.

A cash injection of £35m this season is not exciting?

Not only is it not exciting Tony but it's nothing new to Cardiff fans having one man putting £100m of his own money into our club.

Happens every year doesn't it.

Unbelieveable some of the replies already on this thread absolutely unbelievable.

In 12 months the £100m will be spent. And what then? Amazing.

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

New money looks like it will be new loans and no plans beyond May 2013. Looks like Malky has a £5m war chest. Not sure how Malky managed to require £6m more in loans last season than Jones did in the season before. Still no return to blue so my refund request still stands.

I have to question that. We have £25m net after Langston is paid off plus the £20m the club generates itself.

£45 less operating losses/wages (£25-30m) leaves a transfer budget of around £15m.

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

Ummm, so he's paying for our games to be shown? Like I said, who the hell is going to watch a second division side on TV?!

its £35 mill for players/wages this year.

£10 mill goes to sam/langston leaving £25 mil

from that £25mil we are currently using £1.2mil per month (£14.4mil anually) on running costs and wages so up to next year...

so that leaves us just over £10 mil war chest for this year, including wages and agent fees etc.

now thats exciting and great that Tan cleared it up

Exciting stuff from Tan

Pissing my pants!

What's so exciting about it? It's nothing new.

A cash injection of £35m this season is not exciting?

Not only is it not exciting Tony but it's nothing new to Cardiff fans having one man putting £100m of his own money into our club.

Happens every year doesn't it.

Unbelieveable some of the replies already on this thread absolutely unbelievable.

Again we are in agreement Castle, plus as pointed out by others there was something new in the statement namely marketing us via Asian TV stations which could be priceless.

Honestly I have never met such a collection of manic depressives in all my life

The chinese and malaysians will watch and bet on anything, he will probably SELL the rights to other stations, why do you think that he has not got a plan, or are you so blinckered that anything he does or say is wrong, I give up

its £35 mill for players/wages this year.

£10 mill goes to sam/langston leaving £25 mil

from that £25mil we are currently using £1.2mil per month (£14.4mil anually) on running costs and wages so up to next year...

so that leaves us just over £10 mil war chest for this year, including wages and agent fees etc.

now thats exciting and great that Tan cleared it up

Apart from the fact you have included wages twice, you have also left out the fact that club generates £20m p/a itself from Season Tickets/TV Revenues/Sponsorhsip etc.

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

Ummm, so he's paying for our games to be shown? Like I said, who the hell is going to watch a second division side on TV?!

Your absolutely right he owns a Sports TV station he wants to attempt to sell the clubs games but who the hell would want to watch.

£100m tells me he thinks people will.

Am I missing a trick here not a lot new, and he re-affirms were playing in Red. I wish I could sit down with him face to face rather than some of these puppets at our club

its £35 mill for players/wages this year.

£10 mill goes to sam/langston leaving £25 mil

from that £25mil we are currently using £1.2mil per month (£14.4mil anually) on running costs and wages so up to next year...

so that leaves us just over £10 mil war chest for this year, including wages and agent fees etc.

now thats exciting and great that Tan cleared it up

And as mentioned above PLUS the cash the club generates itself!

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

Ummm, so he's paying for our games to be shown? Like I said, who the hell is going to watch a second division side on TV?!

May be Malaysians (or Asians in general) have a brighter and more positive outlook on life than you have? They are football mad and I'm sure VT will market everything to maximum affect.

Personally I'm extremley excited and I simply can't understand why anyone would want to find fault with a guy willing to give us £100m

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

Ummm, so he's paying for our games to be shown? Like I said, who the hell is going to watch a second division side on TV?!

Your absolutely right he owns a Sports TV station he wants to attempt to sell the clubs games but who the hell would want to watch.

£100m tells me he thinks people will.

I personally believe he's living in dreamland but what the hell do I know, would love to be proved wrong.

Time will tell.

Am I missing a trick here not a lot new, and he re-affirms were playing in Red. I wish I could sit down with him face to face rather than some of these puppets at our club

Short answer yes you have totally missed the point.

See posts Merlin, Castle etc.

I think it's a very positive statement from Tan and it's great to actually hear directly from him in relation to the club.

He states that £10m has been allocated for Langston.

That's great - but why not pay it off straight away?

If the money has been allocated, pay it now and get rid of something that has been hanging over our club like a bad smell for far too long.

its £35 mill for players/wages this year.

£10 mill goes to sam/langston leaving £25 mil

from that £25mil we are currently using £1.2mil per month (£14.4mil anually) on running costs and wages so up to next year...

so that leaves us just over £10 mil war chest for this year, including wages and agent fees etc.

now thats exciting and great that Tan cleared it up

Apart from the fact you have included wages twice, you have also left out the fact that club generates £20m p/a itself from Season Tickets/TV Revenues/Sponsorhsip etc.

i included wages twice on purpose because new players will have a wage too :p and that will have to come from the £10 million as well.

i also didnt include the Season Tickets/TV Revenues/Sponsorhsip etc. because there is no need to....they are already accounted for....think about it:

Tan puts £1.2 mil per month EXTRA so that we break even, our income and expenditure which includes all that is 1.2mil in the red. his investment only needs to cover the EXTRA as the club breaks even for the rest.

simples

UMM! he owns a tv network, mark my words changing to red is going to fetch millions in to the club

Ummm, so he's paying for our games to be shown? Like I said, who the hell is going to watch a second division side on TV?!

May be Malaysians (or Asians in general) have a brighter and more positive outlook on life than you have? They are football mad and I'm sure VT will market everything to maximum affect.

Personally I'm extremley excited and I simply can't understand why anyone would want to find fault with a guy willing to give us £100m

Maybe you shouldn't comment on my life?

Would everyone on here stop trying to be financial experts when none of you know the financial workings and budgeting of the club's funds

Would everyone on here stop trying to be financial experts when none of you know the financial workings and budgeting of the club's funds

but i am a financial expert?