' Update Sunday 4th Jan 2015 Consortium '

Annis is correct. While debt outstrips assets, the club is technically worthless.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Parachute payments can be considered paper money.

These payments are coming over a 2 year period but have certain conditions attached to them. hat if the club goes into admin....even worse what if the supplier of these payment become defunct?

Why would anyone buy now ?

Much cheaper next season, even cheaper the following.

The club cannot go into administration. There is no viable way it can.

Annis is correct. While debt outstrips assets, the club is technically worthless.

Exactly

Why would anyone buy now ?

Much cheaper next season, even cheaper the following.

They want it for peanuts if I am honest and thats to much in my opinion.

Annis is correct. While debt outstrips assets, the club is technically worthless.

The estimate I came up with was the amount that would be the price based on writing off of the remaining debt.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Parachute payments can be considered paper money.

These payments are coming over a 2 year period but have certain conditions attached to them. hat if the club goes into admin....even worse what if the supplier of these payment become defunct?

Nevertheless they are an income stream and could be used to pay off debt so will be factored into any purchase price.

I'm sure there's 3 years left as well with reduced values in the later years on the current parachute agreement.

Club isn't worth more than 50m at the moment and Tan won't take a big loss.

Best chance of a sale is promotion.

Not much hope of that without the fans getting behind the team.

The club is self destructing with the owner unprepared to do the right thing and supporters taking actions which damage the club's viability and sale ability

Tim, for me the club is worthless at this moment in time.

There's value in some of the players, parachute payments and the stadium which I reckon would be about £50m in total ( don't forget some of the parachute payments will be swallowed up in long term player contracts). It's decreasing daily and the only chance Tan has of getting his 100m back is if we go up

Parachute payments can be considered paper money.

These payments are coming over a 2 year period but have certain conditions attached to them. hat if the club goes into admin....even worse what if the supplier of these payment become defunct?

Nevertheless they are an income stream and could be used to pay off debt so will be factored into any purchase price.

I'm sure there's 3 years left as well with reduced values in the later years on the current parachute agreement.

No Tim that is not the case at all. The money is not in the bank so therefore any investor would not consider it. If they do it is considered a risk and risk devalue a situation.

No Tim that is not the case at all. The money is not in the bank so therefore any investor would not consider it. If they do it is considered a risk and risk devalue a situation.

They would absolutely consider it.

Clubs are not valued on what they solely have, but the contracts and revenue streams it has or is tied up in for the future. However in our case the parachute payments added to assets are still dwarfed by the club debt.

Why would tan stick around for PP if he is having to fork out on a monthly basis to keep the club running

He wants £100m


He will be waiting a fair while for it also.

Why would tan stick around for PP if he is having to fork out on a monthly basis to keep the club running

He wants £100m


He will be waiting a fair while for it also.

he hasn't been putting 1 million a month in for a while now club is currently self sufficient

Why would tan stick around for PP if he is having to fork out on a monthly basis to keep the club running

He wants £100m


He will be waiting a fair while for it also.

he hasn't been putting 1 million a month in for a while now club is currently self sufficient

Wez is right that Tan has stopped putting money in,stopped months ago.

Why would tan stick around for PP if he is having to fork out on a monthly basis to keep the club running

He wants £100m


He will be waiting a fair while for it also.

he hasn't been putting 1 million a month in for a while now club is currently self sufficient

Wez is right that Tan has stopped putting money in,stopped months ago.

with all the tv money and players sales I would be worried if he was still putting money in Annis

Why would tan stick around for PP if he is having to fork out on a monthly basis to keep the club running

He wants £100m


He will be waiting a fair while for it also.

he hasn't been putting 1 million a month in for a while now club is currently self sufficient

Wez is right that Tan has stopped putting money in,stopped months ago.

with all the tv money and players sales I would be worried if he was still putting money in Annis

Wez, then it would far more serious than anyone could imagine,Tan has cut the wages and costs of running our club since Ole left by at least a quarter and come Feb,he wants it cut by half.

Wez, the sky money has been and gone. We are not relying on Tan simply due to parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

Wez, the sky money has been and gone. We are not relying on Tan simply due to parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Wez, the sky money has been and gone. We are not relying on Tan simply due to parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Hopefully he will be long gone by then. Unfortunately I don't see anybody stumping up the money Tan wants when there are fare better options for buyers out there for that kind of wedge. The problem is, he is just crazy enough and stubborn enough to dig his heels in over it.

Wez, the sky money has been and gone. We are not relying on Tan simply due to parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Hopefully he will be long gone by then. Unfortunately I don't see anybody stumping up the money Tan wants when there are fare better options for buyers out there for that kind of wedge. The problem is, he is just crazy enough and stubborn enough to dig his heels in over it.

Thats my major worry,how stubborn Tan is and could not careless attitude

Wez, the sky money has been and gone. We are not relying on Tan simply due to parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

we will be back in the premiership by then Annis lol

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Allan, He could if he gets it down to about £50million owing to him,he is that mad.
I rem Allan Whitley saying to me,Tan wakes up every morning and No one has a clue what he might do that day. A lot of fear around Tan.

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Allan, He could if he gets it down to about £50million owing to him,he is that mad.
I rem Allan Whitley saying to me,Tan wakes up every morning and No one has a clue what he might do that day. A lot of fear around Tan.

The guy wants to invest in other clubs around the world. He is highly interested in the MLS but needs partners to "help" him along. If we go under due to him some of these partners might think twice.

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Allan, He could if he gets it down to about £50million owing to him,he is that mad.
I rem Allan Whitley saying to me,Tan wakes up every morning and No one has a clue what he might do that day. A lot of fear around Tan.

The guy wants to invest in other clubs around the world. He is highly interested in the MLS but needs partners to "help" him along. If we go under due to him some of these partners might think twice.

Very valid point Ian

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Allan, He could if he gets it down to about £50million owing to him,he is that mad.
I rem Allan Whitley saying to me,Tan wakes up every morning and No one has a clue what he might do that day. A lot of fear around Tan.

The guy wants to invest in other clubs around the world. He is highly interested in the MLS but needs partners to "help" him along. If we go under due to him some of these partners might think twice.

Very valid point Ian

Guess we will have to wait and see what happens when the time comes?

I don't get why your saying we are not worth buying when we got a great fan based and if we are changed back to blue and get our badge back! Just imagine how many blue kits and ect will sell plus we will bring back the fans and fill the stadium again and push back to the Premier League again this time stay there!

Shirt sales of blue kits won't really help. We don't and won't sell shirts outside of pur catchment area as we don't have a fan base of any major scale. To make serious money from shirt s it needs to be done to a far bigger market than the south east of Wales.

We won't fill our stadium consistently until we are promoted and a stable side.

Wez, the sky money has been and gone. We are not relying on Tan simply due parachute payments. We are nowhere near self sufficient. In the short term maybe, but as soon as the parachute payments stop then that wont necessarily continue to be the case.

That I totally agree on,when the parachute payments run out,then we could really be in trouble as Tan has no intentions of lending us anymore money.

Annis made this point in another thread, but what does tan do at this point? Can't just sit and let club go under as we will still owe Him money?

Allan, He could if he gets it down to about £50million owing to him,he is that mad.
I rem Allan Whitley saying to me,Tan wakes up every morning and No one has a clue what he might do that day. A lot of fear around Tan.

The guy wants to invest in other clubs around the world. He is highly interested in the MLS but needs partners to "help" him along. If we go under due to him some of these partners might think twice.

Very valid point Ian

Guess we will have to wait and see what happens when the time comes?

But to get out he would have to liquidate club and lose whatever we owe him!?

The Consortium has not been fully put together yet as they are talking to major money men. In the coming months many more meetings will be held including the 3rd week this January

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again

Nuk

whoever your getting your info from is spot on. Basicailly Tan was insulted and doesn't like Sam and the price was a complete joke, As spoke to one of Tan advisors last night who said that Tan could more money than what the consortium offered him by stripping the club of their assets, Selling the big named players this month also taking some of the parchute payments. I was also told if any person was interested in buying our club he would start listening with an offer of a min £80m. I have also told that Tan will not be puuting anymore money into the club so the players coming in will be loan deals and buying playing on the cheap like Scott Malone for £100,000 - (bottom championship or league 1) on low wages. but a little more than what they are currently on and players will come as Cardiff is a big club with big followings. Nuk what you have to realise is Tan isnt going anywhere until he gets offered a competive price. the £50m Tan would sell if we got relegated to league 1.

But why would you pay £80m for Cardiff would you could buy Aston Villa for near enough the same money. ps Tan is a very stubborn man. everything has to be on his terms.

The Consortium has not been fully put together yet as they are doing to major money men. In the coming months many more meetings will be held including the 3rd week this January

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again

Nuk

whoever your getting your info from is spot on. Basicailly Tan was insulted and doesn't like Sam and the price was a complete joke, As spoke to one of Tan advisors last night who said that Tan could more money than what the consortium offered him by stripping the club of their assets, Selling the big named players this month also taking some of the parchute payments. I was also told if any person was interested in buying our club he would start listening with an offer of a min £80m. I have also told that Tan will not be puuting anymore money into the club so the players coming in will be loan deals and buying playing on the cheap like Scott Malone for £100,000 - (bottom championship or league 1) on low wages. but a little more than what they are currently on and players will come as Cardiff is a big club with big followings. Nuk what you have to realise is Tan isnt going anywhere until he gets offered a competive price. the £50m Tan would sell if we got relegated to league 1.

But why would you pay £80m for Cardiff would you could buy Aston Villa for near enough the same money. ps Tan is a very stubborn man. everything has to be on his terms.

Only problem with villa is that its so well established is there much slack to increase turnover streams? also need to pay decent money to get players in much more than with city at the moment, With city there is large scope to expand turnover over longer period time so spreading cost! I thinkers that Is a better proposition for investors.

The Consortium has not been fully put together yet as they are talking to major money men. In the coming months many more meetings will be held including the 3rd week this January

First of all thank you to a good Friend who I discussed this with in depth before putting this out. Cardiff City are dear to my heart and I was starting to feel it was wrong for me to be putting these out and it was getting to me. Others before me who had put out exclusives or updates did so in a completely different way, they were much more careful with making sure the contents were correct and would happen. Me well I'm just sodding reckless, if I hear I will try and verify them but basically they are high risk and can change at any time as I put them out as its happening. And I was thinking am I doing the right thing ? So cheers Chief you know who you are.

Now yesterday I put out the exclusive regarding a potential buy out and said the info had only just come to me and I felt that things would change, things would need tweaking as more or different information came in, and this has proved to be the case.
Information I got is spot on but when it comes to figures then it will always be contentious. The information recieved was from one side, now I recieved information from a big source on the other side, it does contradict a bit what the update I put out yesterday but it also confirms what is happening.

So again late last night I recieved info from Malaysia on what has been happening from there perspective.
Vincent Tan has laughed at the. Contact from the so called " consortium" packaged together by Sam Hammam. My information recieved informed me from Malaysia directly that Tan actually chuckled after first contact was made by a third party. The amount offered was a one off cash payment of 42 million up front with a note that the consortium felt it was a fair price for a mid championship club going nowhere but further down the league. The note also contained the price will drop by each less league position . It's believed whilst Sam Hammam had held several meetings only a small percentage were interested. Vincent Tan scoffed at the offer as ludicrous and has told staff not to allow further nonsense parties to contact him.
Tan felt this consortium was out to try and destabilise the current owners.

Now with information that I have including and some I can't put out, this is MY thoughts on reading between the lines on what has happened, so please these are only my personal thoughts on wha has happened so don't shoot me.

Sullivan the Brother of business Man Dave of West Ham is an ardent Cardiff City Fan and he contacted Sam to get together a consortium to buy out Vincent Tan. Sam then spoke to several potential investors as I put out but I think he was unsuccessful in these approaches. (Be honest now if you wasn't a fan off CCFC would you buy in to this Club that has become a global joke ?)
But now was left with money raised by Mr Sullivan and it dosent need spelling out where the money came from. But it is nowhere near the amount that is required to persuade Tan to sell up, and I feel they don't have any more access to anymore funds I believe to be around 50 mill. But the big question is what is the figure that Tan would sit up and listen ? That I don't think anyone can answer apart from Tan. So we are hearing two different amounts being banded about 100 mill from one and a 45 mill offer put up from another but being told 50 mill is all they have.
But there was two consortiums and was also told the first one is dead in the water as the main player has now different agendas to put together. So Sam and Sullivan is the only one and unless more funding can be made available this will just stumble again

Nuk

whoever your getting your info from is spot on. Basicailly Tan was insulted and doesn't like Sam and the price was a complete joke, As spoke to one of Tan advisors last night who said that Tan could more money than what the consortium offered him by stripping the club of their assets, Selling the big named players this month also taking some of the parchute payments. I was also told if any person was interested in buying our club he would start listening with an offer of a min £80m. I have also told that Tan will not be puuting anymore money into the club so the players coming in will be loan deals and buying playing on the cheap like Scott Malone for £100,000 - (bottom championship or league 1) on low wages. but a little more than what they are currently on and players will come as Cardiff is a big club with big followings. Nuk what you have to realise is Tan isnt going anywhere until he gets offered a competive price. the £50m Tan would sell if we got relegated to league 1.

But why would you pay £80m for Cardiff would you could buy Aston Villa for near enough the same money. ps Tan is a very stubborn man. everything has to be on his terms.

Aston villa are not up for sale for 80 million more like 200+ I did put a link up a few weeks ago about it