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Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 7:58 pm

soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 8:00 pm

waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 8:32 pm

NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 8:37 pm

dannyblue wrote:
NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

You really haven't got a clue have you , Mel nurse wasn't even one if the people owed money , he put his own money in to pay the tax man , he was one of the people who saved the club

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 8:38 pm

The truth is we were not playing as we can this season.
We as fans dont slag off our players and management if we lose as its not our way.
We support the team, and leave the politics sort them selfs out.
Did I want ml to go ?all I will say things had to change because we were getting sloppy and looked not interested.
Now thats for the management to sort out and put right.
After the west ham game ml fucked off to Paris and told the team to turn up for training tues when he got back.
Now we are a premier club in the thick of a relegation fight and just after a shocking display,
Ml is payed good wages to manage us abd to shoot off like that is unprofessional to say the least and think it was the funal straw.
In saying that if true about being sacked via email is a poor show by huw.
Ml is a legend in the game and should have been respected better then that.
Yes I think it was time for a change, but it could and should have been done better then the way it was.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 9:11 pm

swansealad69 wrote:The truth is we were not playing as we can this season.
We as fans dont slag off our players and management if we lose as its not our way.
We support the team, and leave the politics sort them selfs out.
Did I want ml to go ?all I will say things had to change because we were getting sloppy and looked not interested.
Now thats for the management to sort out and put right.
After the west ham game ml fucked off to Paris and told the team to turn up for training tues when he got back.
Now we are a premier club in the thick of a relegation fight and just after a shocking display,
Ml is payed good wages to manage us abd to shoot off like that is unprofessional to say the least and think it was the funal straw.
In saying that if true about being sacked via email is a poor show by huw.
Ml is a legend in the game and should have been respected better then that.
Yes I think it was time for a change, but it could and should have been done better then the way it was.

C'mon Paul. After we beat you at the ccs a large number of your fans went into meltdown and slagged your club off on various Internet forums.

Agree with you about Laudrup and fair play to you for an honest post.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 9:26 pm

Thing is we know hiw we can play.
Even if we lose we still knock the ball about and attack.
Against u we were shit, but not only against u but for most the season.
Yes we were worryed by the lack of effort and the fact we didnt look intrested, but there was no one asking for ml to be sacked.
And in fairness even till the west ham game there was little to no talk on sacking him.
But since he has gone we do look better and up for it.
Against u and allso at stoke, even at Everton for a long wile with a second side.
We are doing our things again and looking to run in to space and use the pitch.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 10:39 pm

waddle wrote:
dannyblue wrote:
NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

You really haven't got a clue have you , Mel nurse wasn't even one if the people owed money , he put his own money in to pay the tax man , he was one of the people who saved the club


Quote.
Mel Nurse who is now the major creditor has taken the first steps of putting the club into administration. This process will go before the courts on Nov 8th.
Mel with the help of mal burgess is seeking to secure the club via this way. Mel has taken over the liabilities of 9th floor paving the way for a successful outcome for the club.
The debt stands so far a 1.7million and feared more with a 300.000 preferential tax liability.

The outcome was a CVA agreed at a fix of 5%
Amounting to 340.000 in preferential Cr.

You will see my post l stated your club went bust by prior arrangement and that friend is the truth. Finally be rest assured l am fully conversant with the case . Was and remain a friend of many involved inc myself.
.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 10:47 pm

dannyblue wrote:
waddle wrote:
dannyblue wrote:
NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

You really haven't got a clue have you , Mel nurse wasn't even one if the people owed money , he put his own money in to pay the tax man , he was one of the people who saved the club


Quote.
Mel Nurse who is now the major creditor has taken the first steps of putting the club into administration. This process will go before the courts on Nov 8th.
Mel with the help of mal burgess is seeking to secure the club via this way. Mel has taken over the liabilities of 9th floor paving the way for a successful outcome for the club.
The debt stands so far a 1.7million and feared more with a 300.000 preferential tax liability.

The outcome was a CVA agreed at a fix of 5%
Amounting to 340.000 in preferential Cr.

You will see my post l stated your club went bust by prior arrangement and that friend is the truth. Finally be rest assured l am fully conversant with the case . Was and remain a friend of many involved inc myself.
.


Mel Nurse purchased the debt off Ninth floor for a fraction of it's true value in order to try and force Tony Petty out of the club via the courts.

The court process failed and when Petty was eventually forced out, Mel Nurse still held the debt to the book value of the original Ninth Floor amount.

I believe Waddle is referring to the 1985 situation where Mel Nurse paid the taxman, not the 2002 Company Voluntary Agreement.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 10:54 pm

NJ73 wrote:
dannyblue wrote:
waddle wrote:
dannyblue wrote:
NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

You really haven't got a clue have you , Mel nurse wasn't even one if the people owed money , he put his own money in to pay the tax man , he was one of the people who saved the club


Quote.
Mel Nurse who is now the major creditor has taken the first steps of putting the club into administration. This process will go before the courts on Nov 8th.
Mel with the help of mal burgess is seeking to secure the club via this way. Mel has taken over the liabilities of 9th floor paving the way for a successful outcome for the club.
The debt stands so far a 1.7million and feared more with a 300.000 preferential tax liability.

The outcome was a CVA agreed at a fix of 5%
Amounting to 340.000 in preferential Cr.

You will see my post l stated your club went bust by prior arrangement and that friend is the truth. Finally be rest assured l am fully conversant with the case . Was and remain a friend of many involved inc myself.
.


Mel Nurse purchased the debt off Ninth floor for a fraction of it's true value in order to try and force Tony Petty out of the club via the courts.

The court process failed and when Petty was eventually forced out, Mel Nurse still held the debt to the book value of the original Ninth Floor amount.

I believe Waddle is referring to the 1985 situation where Mel Nurse paid the taxman, not the 2002 Company Voluntary Agreement.


I don't thinks so but concede if he has but my post is clear.Even so paying the tax is usually only to keep the preferential creditor quite in order to complete a CVA. However at least both of us understand why Mel got involved in the latter case.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 10:55 pm

NJ73 wrote:
dannyblue wrote:
waddle wrote:
dannyblue wrote:
NJ73 wrote:
waddle wrote:
soulofthesea wrote:
Roath_Magic_ wrote:
soulofthesea wrote:
the Toshack years??????......lets be honest about this, three european cup winners in a fourth division team makes sense?

in reality if the club had even doubled the cl;oth it cut youd never have gone up one division let alone 3........spend spend spend...........and the of course 11,000 in the top flight..........football has moved on..the figures have multiplied over and over .. but for a none sense rise to the top you own the model for that too...........


You are talking 30 odd years ago man. :shock:

Football has moved on as you say. We are talking about the here and now. Sanctions have been put into place to curb this, clubs have gone bust and penalties brought in for those that fail to comply. If lessons are to be learned they were then.

As a result we are well run. You in the other hand seem to go from bad to worse. That £50m splurge on players was ridiculous, as is the extension probably. You arent in a position to be able to do this, and this is why you are taken advantage of, time and time again.

If some billionaire foreigner came in wanting to buy us we would chase him back to where he came from. The minute your chairman starts writing cheques the club cant afford is the minute you do everything you can to oust him..... Yet instead you ask for more.

have to say..............your clubs rise up the divisions under Toshack....i knew at the time { before sky TV } you were spending far more than the cl;ub could hope to sustain............i was so envious of this overspend.....and to this day believe had we done it it would have worked.........anyway............how much harm did it do Swansea as a club?..i believe you only fill the Liberty now on the back of teenagers back in the eighties getting the bug .. the crowds you now get are unprecidented at Swansea tbh.............who is to say that in 20 or 40 years time we will not benefit as you have done........nothing is forever especially in football...........the billionaire might be around the next corner no matter how many chicos you have with bricks to chase him off

Are you asthmatic ?


:laughing6:

Penalties are now in force because you and Leicester went bang twice by pre. Arrangement. It was a calculated gamble especially the 2nd time. Had the points deduction been in force do you really think Mel nurse would have put you through. Of course not. Think poor old Luton and Wrexham who paid up in full unlike you lot. Roathie you and your well run bit is wearing thin. Change it to got lucky because Jenkins couldn't afford prawn Samwich until he got dividends from the premier league club moneyo

You really haven't got a clue have you , Mel nurse wasn't even one if the people owed money , he put his own money in to pay the tax man , he was one of the people who saved the club


Quote.
Mel Nurse who is now the major creditor has taken the first steps of putting the club into administration. This process will go before the courts on Nov 8th.
Mel with the help of mal burgess is seeking to secure the club via this way. Mel has taken over the liabilities of 9th floor paving the way for a successful outcome for the club.
The debt stands so far a 1.7million and feared more with a 300.000 preferential tax liability.

The outcome was a CVA agreed at a fix of 5%
Amounting to 340.000 in preferential Cr.

You will see my post l stated your club went bust by prior arrangement and that friend is the truth. Finally be rest assured l am fully conversant with the case . Was and remain a friend of many involved inc myself.
.


Mel Nurse purchased the debt off Ninth floor for a fraction of it's true value in order to try and force Tony Petty out of the club via the courts.

The court process failed and when Petty was eventually forced out, Mel Nurse still held the debt to the book value of the original Ninth Floor amount.

I believe Waddle is referring to the 1985 situation where Mel Nurse paid the taxman, not the 2002 Company Voluntary Agreement.


I don't thinks so but concede if he has but my post is clear.Even so paying the tax is usually only to keep the preferential creditor quite in order to complete a CVA. However at least both of us understand why Mel got involved in the latter case.

Re: The Jacks are NOT whiter than white

Wed Feb 19, 2014 10:58 pm

dannyblue wrote:
I don't thinks so but concede if he has but my post is clear.Even so paying the tax is usually only to keep the preferential creditor quite in order to complete a CVA. However at least both of us understand why Mel got involved in the latter case.


Paying the taxman had no bearing on the CVA as they didn't have a vote in the process. The taxman had to be paid in full, something which is no longer the case in such a situation.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 12:52 am

What a ridiculous thing to say :D

You rack up debt after debt, taking loans out YOU KNOW you cant pay back and still continuing to borrow. You had winding up order after winding up order a years back with a debt of £45m hanging over you for crying out loud. You had no idea Tan was lining you up like a lamb to a wolf around the corner. You are now triple the amount in debt.

We stopped when we realised we were in trouble (950k wasnt it?) paid them what we could and started again with lesson learned i couldnt give a damn if its wearing thin, its wearing thin because its true - WE ARE a phenomenally well run club.

Just compare both our stints in the Prem. we spent £9m first year £13m second year and £20m with the increased income 3rd year while waiting until establishment and profits posted before expanding the stadium.

You came up with £100m of debt, spent £50m on players and thrown ridiculous wages around - decided to expand your stadium even though it now seems you are odds on for the drop.

Currently it is like Dawn French calling Lenny Henry "chubby" its unfathomable :D

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 1:40 pm

NJ73 wrote:
dannyblueo wrote:
I don't thinks so but concede if he has but my post is clear.Even so paying the tax is usually only to keep the preferential creditor quite in order to complete a CVA. However at least both of us understand why Mel got involved in the latter case.


Paying the taxman had no bearing on the CVA as they didn't have a vote in the process. The taxman had to be paid in full, something which is no longer the case in such a situation.


In 1985 the taxman threatened the club with court proceedings for the debt. It was paid off on the hope of avoiding administration . However this proved impossible and Dougie Sharpe went through with a CVA process through the courts. My comments however are in relation to Waddles response that Mel Nurse did not apply for a CVA when he clearly did. I also referred to Jenkins knowledge of the pre determined motives in not paying of its debts.
Finally in relation to Rothies comments there certainly is a difference in affording what you borrow and not affording. Tan can afford the debt where Jenkins couldn't. The amount is not revelant affordability is. Swansea had no assets what's so ever.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 3:09 pm

dannyblue wrote:
NJ73 wrote:
dannyblueo wrote:
I don't thinks so but concede if he has but my post is clear.Even so paying the tax is usually only to keep the preferential creditor quite in order to complete a CVA. However at least both of us understand why Mel got involved in the latter case.


Paying the taxman had no bearing on the CVA as they didn't have a vote in the process. The taxman had to be paid in full, something which is no longer the case in such a situation.


In 1985 the taxman threatened the club with court proceedings for the debt. It was paid off on the hope of avoiding administration . However this proved impossible and Dougie Sharpe went through with a CVA process through the courts. My comments however are in relation to Waddles response that Mel Nurse did not apply for a CVA when he clearly did. I also referred to Jenkins knowledge of the pre determined motives in not paying of its debts.
Finally in relation to Rothies comments there certainly is a difference in affording what you borrow and not affording. Tan can afford the debt where Jenkins couldn't. The amount is not revelant affordability is. Swansea had no assets what's so ever.

I should add that the tax winding up petition was raised in Nov of 1985 in the high court in London. It was then that Dougie Sharpe stepped in. I think he made something like 4 court case visits trying to satisfy the courts
And come out of administration with a CVA.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 4:48 pm

Roath_Magic_ wrote:What a ridiculous thing to say :D

You rack up debt after debt, taking loans out YOU KNOW you cant pay back and still continuing to borrow. You had winding up order after winding up order a years back with a debt of £45m hanging over you for crying out loud. You had no idea Tan was lining you up like a lamb to a wolf around the corner. You are now triple the amount in debt.

We stopped when we realised we were in trouble (950k wasnt it?) paid them what we could and started again with lesson learned i couldnt give a damn if its wearing thin, its wearing thin because its true - WE ARE a phenomenally well run club.

Just compare both our stints in the Prem. we spent £9m first year £13m second year and £20m with the increased income 3rd year while waiting until establishment and profits posted before expanding the stadium.

You came up with £100m of debt, spent £50m on players and thrown ridiculous wages around - decided to expand your stadium even though it now seems you are odds on for the drop.

Currently it is like Dawn French calling Lenny Henry "chubby" its unfathomable :D

Tan behaves as he does with finances quite simply because he has lots of cash to back it up.........your club runs a tight ship because it has too. i dont think anyone contests that your club is very well run at this point in time. but that is because Jenkins,Morgan and co are not billionaires, you have no choice but to run a tight ship.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 8:02 pm

What nonsense. :lol:

Your view would have come credence if he was signing the cheques "vincent tan" and not "cardiff city fc". The fact HE has money is irrelevant. It is not HIS money he is spending, its the clubs in the form of loan notes.

To the abive poster suggesting Huw Jenkins spent lavishly knowing the club couldnt afford it... What rot. :lol: Jenkins has never spent a penny that wouldnt be covered by the clubs income in the next 12 months. Thats just the way it is, and any conversation from a club in £130m debt trying to say a club that has just posted back to back 8 figure profits isnt well run..... is just amazing :D

Anyway - Napoli :thumbup:

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 9:12 pm

Roath_Magic_ wrote:What nonsense. :lol:

Your view would have come credence if he was signing the cheques "vincent tan" and not "cardiff city fc". The fact HE has money is irrelevant. It is not HIS money he is spending, its the clubs in the form of loan notes.

To the abive poster suggesting Huw Jenkins spent lavishly knowing the club couldnt afford it... What rot. :lol: Jenkins has never spent a penny that wouldnt be covered by the clubs income in the next 12 months. Thats just the way it is, and any conversation from a club in £130m debt trying to say a club that has just posted back to back 8 figure profits isnt well run..... is just amazing :D

Anyway - Napoli :thumbup:


Don't patronise me with your view on credence .The experiences l have had with Jenkins and your club are certainly not ones of sound business management.Your clubs prudence is to be admired but remember the get out of Jail cards are not to be forgotten. Except of course in your case.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 9:33 pm

dannyblue wrote:
Roath_Magic_ wrote:What nonsense. :lol:

Your view would have come credence if he was signing the cheques "vincent tan" and not "cardiff city fc". The fact HE has money is irrelevant. It is not HIS money he is spending, its the clubs in the form of loan notes.

To the abive poster suggesting Huw Jenkins spent lavishly knowing the club couldnt afford it... What rot. :lol: Jenkins has never spent a penny that wouldnt be covered by the clubs income in the next 12 months. Thats just the way it is, and any conversation from a club in £130m debt trying to say a club that has just posted back to back 8 figure profits isnt well run..... is just amazing :D

Anyway - Napoli :thumbup:


Don't patronise me with your view on credence .The experiences l have had with Jenkins and your club are certainly not ones of sound business management.Your clubs prudence is to be admired but remember the get out of Jail cards are not to be forgotten. Except of course in your case.


Im afraid anyone who thinks its okay to spend what the club doesnt have because "tan can afford it" has an opinion of zero credence. Its like someone with a credit card thinking they are rich, you are culpable for any spending - not Tan.

I couldnt care less what your experience with Jenkins is. He runs our club superbly, thats all that matters to me and I trust him implicitly :thumbup:

The "get out of jail free" card had nothing to do with Jenkins. Its like Blaming Michael Ballack for the holocaust.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 9:46 pm

Roath_Magic_ wrote:
dannyblue wrote:
Roath_Magic_ wrote:What nonsense. :lol:

Your view would have come credence if he was signing the cheques "vincent tan" and not "cardiff city fc". The fact HE has money is irrelevant. It is not HIS money he is spending, its the clubs in the form of loan notes.

To the abive poster suggesting Huw Jenkins spent lavishly knowing the club couldnt afford it... What rot. :lol: Jenkins has never spent a penny that wouldnt be covered by the clubs income in the next 12 months. Thats just the way it is, and any conversation from a club in £130m debt trying to say a club that has just posted back to back 8 figure profits isnt well run..... is just amazing :D

Anyway - Napoli :thumbup:


Don't patronise me with your view on credence .The experiences l have had with Jenkins and your club are certainly not ones of sound business management.Your clubs prudence is to be admired but remember the get out of Jail cards are not to be forgotten. Except of course in your case.


Im afraid anyone who thinks its okay to spend what the club doesnt have because "tan can afford it" has an opinion of zero credence. Its like someone with a credit card thinking they are rich, you are culpable for any spending - not Tan.

I couldnt care less what your experience with Jenkins is. He runs our club superbly, thats all that matters to me and I trust him implicitly :thumbup:

The "get out of jail free" card had nothing to do with Jenkins. Its like Blaming Michael Ballack for the holocaust.


Sorry can't understand what your on about.

Re: The Jacks are NOT whiter than white

Thu Feb 20, 2014 9:59 pm

Apology accepted.

Re: The Jacks are NOT whiter than white

Fri Feb 21, 2014 5:21 pm

We have played four teams now!! One of them a top Italian team who played this season in the Champion's league and were unlucky not to qualify for the knock out stage with a record points tally of 12. Totally outplayed them last but could not get a goal.

Shots last night 20 shot on target 10. I think that is more than Cardiff have managed in their last 6 league matches plus of course the FA cup loss at home to a championship side.

Re: The Jacks are NOT whiter than white

Fri Feb 21, 2014 9:51 pm

Spew wont spend money because him and his cronies want big dividends every year! Spend as little as possible for maximum return, funny how laudrup coudnt sign players now hes gone same probably with other managers, funnny they only last 18 mnths max! Cheap club run on cheap wont survive in long run as this season is proving in premiet , 50th richest club? More like 50 richest directors.!

Re: The Jacks are NOT whiter than white

Fri Feb 21, 2014 9:53 pm

pembroke allan wrote:Spew wont spend money because him and his cronies want big dividends every year! Spend as little as possible for maximum return, funny how laudrup coudnt sign players now hes gone same probably with other managers, funnny they only last 18 mnths max! Cheap club run on cheap wont survive in long run as this season is proving in premiet , 50th richest club? More like 50 richest directors.!

Wow!

Re: The Jacks are NOT whiter than white

Fri Feb 21, 2014 9:57 pm

pembroke allan wrote:Spew wont spend money because him and his cronies want big dividends every year! Spend as little as possible for maximum return, funny how laudrup coudnt sign players now hes gone same probably with other managers, funnny they only last 18 mnths max! Cheap club run on cheap wont survive in long run as this season is proving in premiet , 50th richest club? More like 50 richest directors.!


:lol: oh my word.

Al mate. Please don't let yourself loose on your keyboard until you know what your typing :D

In the last 11 years there has been one shareholders dividend of £2m shared by everyone including the supporters trust. I think it worked out at around 150k each or something like that.

11 years work for 150k is 13.5k a year.... You don't even get that in TESCO filling shelves do you?