Why I Believe VT CAPEX Projects Are A Positive

Good post (again) CastleBlue and (again) I agree with all of it

I believe your thinking is going in the right direction. VT is asset building and getting the club ready for the FFP rules.

My view on Langston is much the same, except the reason they are not paying now is because they simply don't have to. The plan (according to VT's recent budget) is to pay up by May 2013 so why not have £10m (or even £7m) in your bank account for 11 months, rather than someone else's?

The debt to equity will happen but not until the £100m has been fully invested. That means the trainning ground has to be built and the stadium expansion also, which could take years.

This is a long term project which might involve us being sold on, once everything is completed.

If it takes years for the CAPEX projects to be completed the debt could be a lot more than £100m. Each year we will probably continue to need £20m of subsidising.

Good post (again) CastleBlue and (again) I agree with all of it

I believe your thinking is going in the right direction. VT is asset building and getting the club ready for the FFP rules.

My view on Langston is much the same, except the reason they are not paying now is because they simply don't have to. The plan (according to VT's recent budget) is to pay up by May 2013 so why not have £10m (or even £7m) in your bank account for 11 months, rather than someone else's?

The debt to equity will happen but not until the £100m has been fully invested. That means the trainning ground has to be built and the stadium expansion also, which could take years.

This is a long term project which might involve us being sold on, once everything is completed.

If it takes years for the CAPEX projects to be completed the debt could be a lot more than £100m. Each year we will probably continue to need £20m of subsidising.

In his statement last week VT said;

"From a supporters perspective it may seem any easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealtistic and simplified view of how a business can survive. It is clear that it is not economically viable or sensible to continue in this way"

He also said "Locally driven revenues and investment can only safeguard the stability of the club to a certain extent. As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable "

In short the debts will not continue to grow at the rate they are at present and unless new revenue streams are identified and acted on in reality the club will cut it's cloth to suit our financial status.

At this moment VT is bankrolling our club and he, as an expert in the Asian marketplace, has identified a way of opening up the revenue opportunities to the benefit of the club.

For all those who claim he could achieve his marketing opportunities with the club playing in Blue I would ask them all what their track record of marketing successful business in Asia is. I already know the answer.

Right now we have a man with extremely deep pockets who can bankroll the club whilst he attempts to release the revenues he believes are available in Asia and I for one will support him.

I have yet to hear a compelling arguement in relation to the revenue streams are club are losing out on, either locally or internationally. But that's the thing take the emotion out of the colour change I would just love to know what the club has missed out on locally.

But that would involve a plan b are there isn't one as everyone in that meeting on the Thursday evening TG released his statement. I bet they were bricking it at the thought that not only the investment wasn't going to happen, but of greater concern that TG & VT were going to walk.

I bet there was some serious bum cheek contraction taking place that night.

Good post (again) CastleBlue and (again) I agree with all of it

I believe your thinking is going in the right direction. VT is asset building and getting the club ready for the FFP rules.

My view on Langston is much the same, except the reason they are not paying now is because they simply don't have to. The plan (according to VT's recent budget) is to pay up by May 2013 so why not have £10m (or even £7m) in your bank account for 11 months, rather than someone else's?

The debt to equity will happen but not until the £100m has been fully invested. That means the trainning ground has to be built and the stadium expansion also, which could take years.

This is a long term project which might involve us being sold on, once everything is completed.

If it takes years for the CAPEX projects to be completed the debt could be a lot more than £100m. Each year we will probably continue to need £20m of subsidising.

In his statement last week VT said;

"From a supporters perspective it may seem any easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealtistic and simplified view of how a business can survive. It is clear that it is not economically viable or sensible to continue in this way"

He also said "Locally driven revenues and investment can only safeguard the stability of the club to a certain extent. As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable "

In short the debts will not continue to grow at the rate they are at present and unless new revenue streams are identified and acted on in reality the club will cut it's cloth to suit our financial status.

At this moment VT is bankrolling our club and he, as an expert in the Asian marketplace, has identified a way of opening up the revenue opportunities to the benefit of the club.

For all those who claim he could achieve his marketing opportunities with the club playing in Blue I would ask them all what their track record of marketing successful business in Asia is. I already know the answer.

Right now we have a man with extremely deep pockets who can bankroll the club whilst he attempts to release the revenues he believes are available in Asia and I for one will support him.

I have yet to hear a compelling arguement in relation to the revenue streams are club are losing out on, either locally or internationally. But that's the thing take the emotion out of the colour change I would just love to know what the club has missed out on locally.

But that would involve a plan b are there isn't one as everyone in that meeting on the Thursday evening TG released his statement. I bet they were bricking it at the thought that not only the investment wasn't going to happen, but of greater concern that TG & VT were going to walk.

I bet there was some serious bum cheek contraction taking place that night.

IMO the only significant new revenue stream open to a championship club is premiership tv money following promotion, if we take £20m off the playing squad budget then there is no playing squad budget.

In his statement last week VT said;

"From a supporters perspective it may seem any easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealtistic and simplified view of how a business can survive. It is clear that it is not economically viable or sensible to continue in this way"

He also said "Locally driven revenues and investment can only safeguard the stability of the club to a certain extent. As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable "

In short the debts will not continue to grow at the rate they are at present and unless new revenue streams are identified and acted on in reality the club will cut it's cloth to suit our financial status.

At this moment VT is bankrolling our club and he, as an expert in the Asian marketplace, has identified a way of opening up the revenue opportunities to the benefit of the club.

For all those who claim he could achieve his marketing opportunities with the club playing in Blue I would ask them all what their track record of marketing successful business in Asia is. I already know the answer.

Right now we have a man with extremely deep pockets who can bankroll the club whilst he attempts to release the revenues he believes are available in Asia and I for one will support him.

I have yet to hear a compelling arguement in relation to the revenue streams are club are losing out on, either locally or internationally. But that's the thing take the emotion out of the colour change I would just love to know what the club has missed out on locally.

But that would involve a plan b are there isn't one as everyone in that meeting on the Thursday evening TG released his statement. I bet they were bricking it at the thought that not only the investment wasn't going to happen, but of greater concern that TG & VT were going to walk.

I bet there was some serious bum cheek contraction taking place that night.

IMO the only significant new revenue stream open to a championship club is premiership tv money following promotion, if we take £20m off the playing squad budget then there is no playing squad budget.

I agree the PL is the biggest untapped revenue sourse "locally", but what about Asia? could there be revenue from merchandise sales, new partners for sponsorship or better still new investment partners. That's what VT believes and given his experience I'm willing to give him a chance to capture those opportunities.

Going forward we would always have a playing budget but without new incomes it will a much lower budget and that would be reflected in the size and quality within the squad.

The likely outcome in my opinion of that scenario would be we would be competing to stay in the division rather than get promoted out of it.

I know which option I prefer.

In his statement last week VT said;

"From a supporters perspective it may seem any easy option or even be regarded as an obligation for the investors to continue pouring money in and to maintain our current path, but that is an unrealtistic and simplified view of how a business can survive. It is clear that it is not economically viable or sensible to continue in this way"

He also said "Locally driven revenues and investment can only safeguard the stability of the club to a certain extent. As much as it may be difficult for some quarters to digest or accept, under the existing model our future sustainability is far from stable "

In short the debts will not continue to grow at the rate they are at present and unless new revenue streams are identified and acted on in reality the club will cut it's cloth to suit our financial status.

At this moment VT is bankrolling our club and he, as an expert in the Asian marketplace, has identified a way of opening up the revenue opportunities to the benefit of the club.

For all those who claim he could achieve his marketing opportunities with the club playing in Blue I would ask them all what their track record of marketing successful business in Asia is. I already know the answer.

Right now we have a man with extremely deep pockets who can bankroll the club whilst he attempts to release the revenues he believes are available in Asia and I for one will support him.

I have yet to hear a compelling arguement in relation to the revenue streams are club are losing out on, either locally or internationally. But that's the thing take the emotion out of the colour change I would just love to know what the club has missed out on locally.

But that would involve a plan b are there isn't one as everyone in that meeting on the Thursday evening TG released his statement. I bet they were bricking it at the thought that not only the investment wasn't going to happen, but of greater concern that TG & VT were going to walk.

I bet there was some serious bum cheek contraction taking place that night.

IMO the only significant new revenue stream open to a championship club is premiership tv money following promotion, if we take £20m off the playing squad budget then there is no playing squad budget.

I agree the PL is the biggest untapped revenue sourse "locally", but what about Asia? could there be revenue from merchandise sales, new partners for sponsorship or better still new investment partners. That's what VT believes and given his experience I'm willing to give him a chance to capture those opportunities.

Going forward we would always have a playing budget but without new incomes it will a much lower budget and that would be reflected in the size and quality within the squad.

The likely outcome in my opinion of that scenario would be we would be competing to stay in the division rather than get promoted out of it.

I know which option I prefer.

All the experts who have written newspaper reports on the issue seem to think Asian market won't be interested in Cardiff until we have got a premiership title or champions league trophy under our belt and I'm not holding my breath on that one.

Why when so many have called for this to be made a Sticky, claiming ant-red bias, has its still not been made a Sticky. I wonder

Castleblue i read your posts with interest only.poster that makes sense in my eyes I ain't pro blue i ain't pro red I'm pro cardiff city thanks castle I'll follow what u say cos end of the day what u say makes sense and I'll allow tan time to sort things