" TUESDAY MAY 15th 2012 MINI-UPDATE "

The Echo are running with this tomorrow: https://twitter.com/#!/JonDoel1/status/ ... 00/photo/1

If that story is correct (i.e. we stay blue at home and introduce red as the away kit) and we get all of what Carl says, then happy days indeed!

Mmmm so VT not the dictator or not caring bout our club as some accused him of being.

Good positive update, thanks!. Decorating the stadium and increasing capacity, new training facilities as good as top prem clubs!!, plenty of money for players!!.. all money put in to be converted to equity So no debt!!... Sounds to good to be true to be honest.... How can we go against it tho?? We all want prem and this opportunity can't be missed our history is safe our future is ours to write.... onwards and upwards

brilliant update, all great news!... now we know some facts about the rebranding and how he expects to make money out of it! great to here there are people interested in investing further also, future seems bright for CCFC!

by the way, can someone please explain to me what equity is? and why turning everything into equity is good? sorry but i'm only 19, no good with money, only thing i can do with it is spend it

Debt is a loan you have to pay back, usually with interest on top. If you cant pay it back you go bust. Equity is an investment at the complete risk of the investor in most cases has no interest and isnt a loan so you ar not in debt. By converting our debt to equity we go from being in huge debt to being debt free.

thanks for clearing that up, and thanks to bspark aswell brilliant news then, thank f**k for the Malaysians i say, saving this club! couldn't ask for better news really, just want to know whether we're in blue or red at home next season now! but if millions are going to come in with expense of playing in red then im all for it, just buy the blue away tops, its as simple as that

thanks carl!

Warning...There is a Red background to the link below

http://live4liverpool.com/2010/04/view- ... -new-owner

First of all you are not going to read anything that went on at today's board meeting in this update, many questions have been asked of the past few days about the reasons for re-branding, I may not have the answers some are looking for but it may help others understand a little bit more hopefully.

Nothing I will post will compromise the current negotiations but again the hope is to help fans understand a little bit more.

So we all know that Vincent Tan is willing to invest £100 million into our football club, fantastic news I am sure we would all agree.

Vincent Tan is the primary reason that Cardiff Blues and Cardiff City Football Club could come to an agreement that would release the Blues from their remaining 16 year tenancy agreement with us, Vincent Tan wants us to be able to celebrate our history by decorating our stadium with memorabilia from the good days gone by, with the Blues involved that was simply not possible.

We will see pictures and not 4' x 2' size prints but huge floor to ceiling images of iconic images of City's achievements of past seasons decorate the walls of the bar areas and other parts of the stadium to constantly remind us of days we cherish, this was Vincent Tan's idea. Who will decide on what images and how the stadium walls will be decorated? It will be us the fans, again Vincent Tan idea.

The stadium expansion plan is to put 8,000 extra seats in the Ninian stand with the creation of a second tier of seats, the reason is simple, we are on average filling nearly 90% of our stadium capacity and this is in the Championship, Vincent Tan wants this club ready for Premier League football at the earliest possible time, the money that it would cost to expand the stadium would be turned in equity and would not be a debt to the club.

The subject of Langston, it has to be said that both sides are working extremely hard and in a positive manner to settle the Langston debt at a much lower rate than the debt appears on the balance sheet, that takes a generous amount of goodwill on Langston's part and also on the Malaysians part but it will suit us, the club, more than anyone. The money that is being discussed to settle the debt is far less than the figure that has been widely spoken about in the past 5 years, once a full and final contract is signed then that money the Vincent Tan is using from the investment to settle Langston will also be turned into equity.

Because of the sensitive nature of these discussions it would be foolish of me to state the actual figures.

At the present time our club pays to rent the Vale for our training facilities and both us and the Blues pay £250k per year for the pleasure and next season that cost will rise to £270k per year. Vincent Tan wants us to have our own training facilities and ones of which we can be proud, club officials have been to many Premier League club's training pitches and have given their findings to the Malaysians who will deliver the best training ground we could possibly have hoped for on land that is close to our stadium. What cost will this be to our club? No cost, as this money would also be converted into equity.

Then there is the playing budget for Malky, there is a rather sizeable amount earmarked for Malky to use and even this money would be turned into equity.

All the above would leave our club virtually debt free and we would have a stadium and training facilities suitable for the Premier League and hopefully with the right player acquisitions we would have team capable of getting us there.

So there are the positives, not bad are they?

We all have heard and discussed/debated the red/blue change but at the end of day, Vincent Tan believes that that is the way forward for this club, did he mean to upset anyone? I don't believe he did, he was acting on the best interests of this club and he was incredibly excited by his plans.

What puzzles me is when people ask 'How many red shirts does he expect to sell in Malaysia?' Honestly who cares, you may care about the shirt colour but why would any of us care how many they would sell? Think about it, it is human nature to be a bit selfish and the best we can so I want Vincent Tan to pump as much money as possible into this football club and turn it into equity. Is that wrong of me?

Vincent Tan has 350 retail outlets in Asia, it's not a bad start for anyone who wishes to sell a product that he has heavily invested in.

But it is not about shirt sales, it is about commercial opportunity's that Vincent Tan believes he can open us for this club.

Does anyone remember Jian-hua Huang?

He is commonly known as Kenny Huang and he was the name at the forefront of proposed takeover of Liverpool Football Club a few years ago but pulled out. Well Kenny Huang has attended the CCS last season and watched one of our games, Huang is interested and has held talks with Vincent Tan about becoming involved at Cardiff City. Anyone guess what Kenny Huang's preference of colour is?

When dealing with Huang, the club would not be dealing with just one man but a group of his business associates that head up many of China's state owned company's. This is not something that would happen overnight but you can see what type of investor the club are hoping to attract and the amount of backing this club could have in the future if all goes well.

This club could possibly have access to not just millions but billions of pounds to take this club to the very top, so let's hope that everything works out for the best of this club and we do indeed see the type of investment that is being spoken.

TG left today's board meeting in good spirits and returns to Malaysia positive that this is still the right football club to be involved in and he will deliver that message to Vincent Tan, it will probably take a few days before we hear what happens next but in my honest opinion I believe it will news well worth waiting for.

If only they'd been this otamistic in January and backed Malky when we were 2nd I could share your optimism. Being a Cardiff city fan though I've learned that if something sounds too good to be true, it generally turns out to be a load of bollocks.

Hope your tight though

I remember when huang was gonna take over liverpool and people were saying liverpool would have a never ending well of money!

It's incredible that a club like us who languished in the lower leagues with 3k crowds can attract any interest from people like this.
I dont know if this is naive but surely this has got to be great news not only for our football club but also for the economy in these parts.

Big time!

These are the reasons i wanted to hear what the malaysians had to say without dismissing it. I'm sorry i would be willing to play in red for a few years to put cardiff city on the map

Would the Malaysians allow legend/famous images above the stands?

I have to say i sometimes cringe at the 'updates' but that is very well written and so painfully logical i hope even the most ardent critics of the plans begin to see sense.

This

Joint bid for euros need stadia with 30,000+

We will be able to offer our ground to the bid.

Encouraged by this news and I still think they didn't want promotion until Langston and PMG were payed off.

Just my opinion

It does sound pretty exciting fair play. Sad to say though I'm still out if city turns red.

It does sound pretty exciting fair play. Sad to say though I'm still out if city turns red.

Agreed

Fair play, wasn't expecting such a good write up summary from the situationas it stands..........well done that man!

Really hard to pick any negatives out of any of it really.

"Son, I remember the week our club reaised it's potential and changed it's course of direction to become the biggest club in Britain"

Hopefully that'll be something I can say to him when we're there (no sprogs yet mind, but working on that!!)

Hopefully it will help others understand why we need Vincent Tan

Good write up carl but i await the negatives to come to light as there has to be a catch with all the things you mention. I know your only telling how it is from one side rite now due to it all ongoing but it will all come out in the wash as they say sooner or later

I've got to be completely honest bluebird1977, I've been scrolling through this thread waiting for a 'downer' comment from you about this...you didn't disappoint me as usual.

Why is it so impossible for you to be positive about change and moving forward? Jump in and join the ride, rightly or wrongly it'll be one hell of a ride and I, for one, am looking forward to wherever this journey takes us

Doom and gloom, that's all you appear to be, but I'm sure you're not like that in person!

Just my opinion mate

Anyway, I'm off to read Carl's post again, because I believe!!!

Last edited by pentwyndynamo on Tue May 15, 2012 10:00 pm, edited 1 time in total.

Cheers Carl for the update

excellant update carl some really possitive news in there. Onwards and upwards

Fair play, wasn't expecting such a good write up summary from the situationas it stands..........well done that man!

Really hard to pick any negatives out of any of it really.

"Son, I remember the week our club reaised it's potential and changed it's course of direction to become the biggest club in Britain"

Hopefully that'll be something I can say to him when we're there (no sprogs yet mind, but working on that!!)

Hopefully it will help others understand why we need Vincent Tan

Good write up carl but i await the negatives to come to light as there has to be a catch with all the things you mention. I know your only telling how it is from one side rite now due to it all ongoing but it will all come out in the wash as they say sooner or later

Surely you must have predicted the negatives sometime during the last 18 months or so, of your very negative posts?

One of your doom and gloom generalisations must come true at some point!

Lets just hope VT and TG stay with us as their plans are amazing

How confident are you Carl/Annis of them staying with us?

i stated yesterday in one of my ramblings that i believed there was alot more to this than met the eye in way of investers, by what you are saying it looks as if the sky could be the beginning with the universe the limit! and i was going to buy red shirt for home games and couldnt care what anyone said as after 40yrs supporting city i only want to go forward not backwards!

Fair play, wasn't expecting such a good write up summary from the situationas it stands..........well done that man!

Really hard to pick any negatives out of any of it really.

"Son, I remember the week our club reaised it's potential and changed it's course of direction to become the biggest club in Britain"

Hopefully that'll be something I can say to him when we're there (no sprogs yet mind, but working on that!!)

Hopefully it will help others understand why we need Vincent Tan

Good write up carl but i await the negatives to come to light as there has to be a catch with all the things you mention. I know your only telling how it is from one side rite now due to it all ongoing but it will all come out in the wash as they say sooner or later

I've got to be completely honest bluebird1977, I've been scrolling through this thread waiting for a 'downer' comment from you about this...you didn't disappoint me as usual.

Why is it so impossible for you to be positive about change and moving forward? Jump in and join the ride, rightly or wrongly it'll be one hell of a ride and I, for one, am looking forward to wherever this journey takes us

Doom and gloom, that's all you appear to be, but I'm sure you're not like that in person!

Just my opinion mate

Anyway, I'm off to read Carl's post again, because I believe!!!

I said it was a good post but thats all the good stuff for the club talk thats all i ment by it and carl does state he can not talk about other things ect ect, will you be saying the same if and when the CATCH to what you have just read means we have to do this and change that, or will you say the same things its all good as we are moving forward as you put it. When the otherside comes out in a future update AFTER its all sorted with whats going on once TG puts his side across to VT then we will see what all of carls update is going to cost us. thats the bottom line as its not free. now is this is being negative for saying HOW IT IS then so be it .

Last edited by Bluebird1977 on Tue May 15, 2012 10:09 pm, edited 1 time in total.

All this sounds fantastic and real positive for our great club. Hopefully things come off and we can attract such new investors to help launch us to the very top of the game in the Uk. Come on everybody let's get behind these guys and give them our full support. They deserve it and so do we

Fair play, wasn't expecting such a good write up summary from the situationas it stands..........well done that man!

Really hard to pick any negatives out of any of it really.

"Son, I remember the week our club reaised it's potential and changed it's course of direction to become the biggest club in Britain"

Hopefully that'll be something I can say to him when we're there (no sprogs yet mind, but working on that!!)

Hopefully it will help others understand why we need Vincent Tan

Good write up carl but i await the negatives to come to light as there has to be a catch with all the things you mention. I know your only telling how it is from one side rite now due to it all ongoing but it will all come out in the wash as they say sooner or later

I've got to be completely honest bluebird1977, I've been scrolling through this thread waiting for a 'downer' comment from you about this...you didn't disappoint me as usual.

Why is it so impossible for you to be positive about change and moving forward? Jump in and join the ride, rightly or wrongly it'll be one hell of a ride and I, for one, am looking forward to wherever this journey takes us

Doom and gloom, that's all you appear to be, but I'm sure you're not like that in person!

Just my opinion mate

Anyway, I'm off to read Carl's post again, because I believe!!!

Just noticed your post after I posted very similar comments!

Got to be honest though, I suspect that he must be like that in real life as well and if you wait until the pubs shut, Adam Brown (AKA Angry Man & Midfield General) will join in with him as well!

This might be a daft question. But how can Malky's playing budget be turned into equity if we have to pay the clubs transfer fees?
Sorry if its a stupid question

vt will give malkie the money for the transfer fee and he will change that into equity not the wages

Can't stop reading your update Carl, great news if this investment comes off.

Thanks carl
feel much more positive about our situation now

Excuse my ignorance but this word equity seems to have magic powers.I can't afford a pot to piss in but i think i'll go & buy a house down the Vale now i know i can have it with equity

Fair play, wasn't expecting such a good write up summary from the situationas it stands..........well done that man!

Really hard to pick any negatives out of any of it really.

"Son, I remember the week our club reaised it's potential and changed it's course of direction to become the biggest club in Britain"

Hopefully that'll be something I can say to him when we're there (no sprogs yet mind, but working on that!!)

Hopefully it will help others understand why we need Vincent Tan

Good write up carl but i await the negatives to come to light as there has to be a catch with all the things you mention. I know your only telling how it is from one side rite now due to it all ongoing but it will all come out in the wash as they say sooner or later

I've got to be completely honest bluebird1977, I've been scrolling through this thread waiting for a 'downer' comment from you about this...you didn't disappoint me as usual.

Why is it so impossible for you to be positive about change and moving forward? Jump in and join the ride, rightly or wrongly it'll be one hell of a ride and I, for one, am looking forward to wherever this journey takes us

Doom and gloom, that's all you appear to be, but I'm sure you're not like that in person!

Just my opinion mate

Anyway, I'm off to read Carl's post again, because I believe!!!

I said it was a good post but thats all the good stuff for the club talk thats all i ment by it and carl does state he can not talk about other things ect ect, will you be saying the same if and when the CATCH to what you have just read means we have to do this and change that, or will you say the same things its all good as we are moving forward as you put it. When the otherside comes out in a future update AFTER its all sorted with whats going on once TG puts his side across to VT then we will see what all of carls update is going to cost us. thats the bottom line as its not free. now is this is being negative for saying HOW IT IS then so be it .

In all fairness, I was probably a bit harsh on your last post, but just find the majority of your posts to be quite negative or thinking the worst in things.

Just an observation that's all.

Negativity is an illusion created by the limited mind to protect and defend itself.

I hope we play in Blue at home, but still a worry about more debt we will be in with VT, he is not just going to sort stadium out, build training and let us play for free, it will cost us and cost us big time, I'm just glad nobody on here is working day to day with figures or this country would be in the f*ck

I hope we play in Blue at home, but still a worry about more debt we will be in with VT, he is not just going to sort stadium out, build training and let us play for free, it will cost us and cost us big time, I'm just glad nobody on here is working day to day with figures or this country would be in the f*ck

Yes he is going to sort out debt, all investment goes into equity!

Glad you don't work with figures.

I hope we play in Blue at home, but still a worry about more debt we will be in with VT, he is not just going to sort stadium out, build training and let us play for free, it will cost us and cost us big time, I'm just glad nobody on here is working day to day with figures or this country would be in the f*ck

Yes he is going to sort out debt, all investment goes into equity!

Glad you don't work with figures.

Oh dear.

I hope we play in Blue at home, but still a worry about more debt we will be in with VT, he is not just going to sort stadium out, build training and let us play for free, it will cost us and cost us big time, I'm just glad nobody on here is working day to day with figures or this country would be in the f*ck

Yes he is going to sort out debt, all investment goes into equity!

Glad you don't work with figures.

Oh dear.

Please explain why oh dear?