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Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 3:55 pm

Mostly his own fault mind, why didn't he appoint a top DOF and get the best Manager available not Trollope, Slade, Harris, Morison, Hudson and so on, let’s hope we finally have a decent manager, very early days, if he is the right manager he will need backing properly this summer.

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 4:02 pm

Whilst I thank tan for keeping us afloat, he's got himself into this position and he's got himself to blame.

I do think it's time for him to move on.

I can't see him being able to back lamouchi in the summer with the current transfer restrictions in place

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 4:04 pm

Always City wrote:Mostly his own fault mind, why didn't he appoint a top DOF and get the best Manager available not Trollope, Slade, Harris, Morison, Hudson and so on, let’s hope we finally have a decent manager, very early days, if he is the right manager he will need backing properly this summer.

Agree on the managed , if backed I think he will do well .

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 4:05 pm

BarmyArmy84 wrote:Whilst I thank tan for keeping us afloat, he's got himself into this position and he's got himself to blame.

I do think it's time for him to move on.

I can't see him being able to back lamouchi in the summer with the current transfer restrictions in place

I think moat will agree with you , Tan will know that if he wants some of his money back we need to be in the prem , maybe he will release the purse strings abit .

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 6:48 pm

People need to get to grips with the fact that it is NOT our club and we have no say in its running.

It is Vincent Tan's BUSINESS and he can run it how he likes. If it is run poorly it will lose money but it is Tan's money to lose.

If he wants to sell, he sets the price and he can hold out for whatever he wants.

We need to get to grips with these facts or go stir crazy.

Its all well and good saying he should get out. But you need a replacement and there isn't anyone meeting the price.

All you can do is remove your patronage. All walk and he may get the hint but do that and the team lose support. Fans do not make good customers, we expect too much of a say and those days have gone unless we can raise a couple of hundred million.

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 6:51 pm

And on a more conspiracy based point.....

Anyone the someone lending than money while remaining anonymous could be a potential purchaser?

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 7:28 pm

Wayne S wrote:And on a more conspiracy based point.....

Anyone the someone lending than money while remaining anonymous could be a potential purchaser?

Maybe a 'politician'...? ;) :ayatollah:

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 7:30 pm

Sven wrote:
Wayne S wrote:And on a more conspiracy based point.....

Anyone the someone lending than money while remaining anonymous could be a potential purchaser?

Maybe a 'politician'...? ;) :ayatollah:


Jeez I slaughtered that paragraph. How did you know what I was saying?

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Wed Mar 08, 2023 7:43 pm

Wayne S wrote:People need to get to grips with the fact that it is NOT our club and we have no say in its running.

It is Vincent Tan's BUSINESS and he can run it how he likes. If it is run poorly it will lose money but it is Tan's money to lose.

If he wants to sell, he sets the price and he can hold out for whatever he wants.

We need to get to grips with these facts or go stir crazy.

Its all well and good saying he should get out. But you need a replacement and there isn't anyone meeting the price.

All you can do is remove your patronage. All walk and he may get the hint but do that and the team lose support. Fans do not make good customers, we expect too much of a say and those days have gone unless we can raise a couple of hundred million.

Top post

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Thu Mar 09, 2023 8:22 am

Sven wrote:
Wayne S wrote:And on a more conspiracy based point.....

Anyone the someone lending than money while remaining anonymous could be a potential purchaser?

Maybe a 'politician'...? ;) :ayatollah:



Talk about'out of frying pan and into the fire'

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Thu Mar 09, 2023 9:11 am

Wayne S wrote:People need to get to grips with the fact that it is NOT our club and we have no say in its running.

It is Vincent Tan's BUSINESS and he can run it how he likes. If it is run poorly it will lose money but it is Tan's money to lose.

If he wants to sell, he sets the price and he can hold out for whatever he wants.

We need to get to grips with these facts or go stir crazy.

Its all well and good saying he should get out. But you need a replacement and there isn't anyone meeting the price.

All you can do is remove your patronage. All walk and he may get the hint but do that and the team lose support. Fans do not make good customers, we expect too much of a say and those days have gone unless we can raise a couple of hundred million.

Your spot on Wayne when tan shut down the bluebirds I withdrew my patronage until they returned 2 and half years later.

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Thu Mar 09, 2023 10:23 am

so i don't understand none of the financial stuff, but i have a few questions hopefully someone can answer. (this isn't an attack or defence of ownership)

so people are saying Tan is keeping us going, but loans are coming in from an unknown person, and other people, are they allowed to remain unnamed loaning money to clubs ? is this a way tan can sell the club ? someone loans millions and gets given shares in return and then assumes ownership without a fit and proper test ?

when people say he's turning debt into equity ? what does that actually mean, does that mean the club becomes more valuble as there's more equity ?

and just an observation, i think this is why Dalman never bought Charlton, you cannot have a controlling interest in two clubs who play in the same competition, so he couldn't have debts owed to him by cardiff and own charlton, and he can make alot more money buy keeping his loans to the club going.

and if there are any potential buyers, is all these loans to other parties a pro or negative when buying a club ?

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Thu Mar 09, 2023 12:35 pm

bluebird04 wrote:so i don't understand none of the financial stuff, but i have a few questions hopefully someone can answer. (this isn't an attack or defence of ownership)

so people are saying Tan is keeping us going, but loans are coming in from an unknown person, and other people, are they allowed to remain unnamed loaning money to clubs ? is this a way tan can sell the club ? someone loans millions and gets given shares in return and then assumes ownership without a fit and proper test ?

when people say he's turning debt into equity ? what does that actually mean, does that mean the club becomes more valuble as there's more equity ?

and just an observation, i think this is why Dalman never bought Charlton, you cannot have a controlling interest in two clubs who play in the same competition, so he couldn't have debts owed to him by cardiff and own charlton, and he can make alot more money buy keeping his loans to the club going.

and if there are any potential buyers, is all these loans to other parties a pro or negative when buying a club ?


I'm no financial expert.... but in layman's terms, if you owe (let's say) Barclays Bank £10Million and can't afford it, you could convert that into equity percentage of an agreed quantity which would "pay" that debt. So giving away shares for £debt.

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Thu Mar 09, 2023 5:34 pm

bluebird04 wrote:so i don't understand none of the financial stuff, but i have a few questions hopefully someone can answer. (this isn't an attack or defence of ownership)

so people are saying Tan is keeping us going, but loans are coming in from an unknown person, and other people, are they allowed to remain unnamed loaning money to clubs ? is this a way tan can sell the club ? someone loans millions and gets given shares in return and then assumes ownership without a fit and proper test ?

when people say he's turning debt into equity ? what does that actually mean, does that mean the club becomes more valuble as there's more equity ?

and just an observation, i think this is why Dalman never bought Charlton, you cannot have a controlling interest in two clubs who play in the same competition, so he couldn't have debts owed to him by cardiff and own charlton, and he can make alot more money buy keeping his loans to the club going.

and if there are any potential buyers, is all these loans to other parties a pro or negative when buying a club ?

The unnamed person could be tan in the next set of accounts tho , just like in the past , it was just a note and will be named in next set

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Fri Mar 10, 2023 12:53 pm

I haven't looked into the accounts much but a £29 million loss is crazy! If we had 25 players on £22k a week that's £29 million.

Obviously there are loads of other expenses but my figures above assumes an income of zero. What the hell is going on?!

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Fri Mar 10, 2023 3:58 pm

Feckin Pies and pints going to go up next season for sure ffs :banghead:

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Fri Mar 10, 2023 5:14 pm

barnet blue wrote:I haven't looked into the accounts much but a £29 million loss is crazy! If we had 25 players on £22k a week that's £29 million.

Obviously there are loads of other expenses but my figures above assumes an income of zero. What the hell is going on?!

Think you need to look at the accounts in detail before commenting.

Re: “ THE LATEST CARDIFF CITY ACCOUNTS “

Sun Mar 12, 2023 5:41 pm

wez1927 wrote:
barnet blue wrote:I haven't looked into the accounts much but a £29 million loss is crazy! If we had 25 players on £22k a week that's £29 million.

Obviously there are loads of other expenses but my figures above assumes an income of zero. What the hell is going on?!

Think you need to look at the accounts in detail before commenting.


Have you looked into them? If yes, what's the summary of the losses?