NO DEAL-LANGSTON

Carl, for god sake go and fly off to your holiday, and enjoy it, because you are getting flack you don't deserve, there is only two people thats going to resolve this, so why should you have to explain to everyone something you can't control.

Have a good holiday, and turn your computor off.

Good shout

10m put aside for the langstone debt and Sam has moved the goal posts by adding 5m now, Sam keeping us in the shit still then it seems if this is true

Sorry to be so harsh but bollocks.

Isnt it easy to say £10million set aside for a debt that is worth £37milion.

But you won't give credit for the person who is ready to write the debt down to £10million and £5million paid on promotion.

I won't give credit to Sam no because he got us in the debt, if it wasn't for Sam we wouldn't be in this predicament in the first place and at one point he wanted his 10m so he could retire on the beach now 10m retiring on the beach ain't good enough for him it seems, I know I'd love 10m and to retire on the beach..

oh calm down , not having a dig just at you, but at all the stirrers, no point just saying little bits of info if not going to say the whole story, i am sure both sides could use people to disclose small facts if it is in their interest and to turn fans against either side.
My point, which I THINK YOU HAVE LOST IS IT IS BEST NOT TO SAY ANYTHING AT ALL UNLESS GOING TO GIVE FULL FACTS.

Carl, for god sake go and fly off to your holiday, and enjoy it, because you are getting flack you don't deserve, there is only two people thats going to resolve this, so why should you have to explain to everyone something you can't control.

Have a good holiday, and turn your computor off.

youre right he is getting unwarrented abuse, but theres also people like me who want to know whats going on, and people are just panicking is all

Carl do you really believe Sam is thinking of the club because if so you have got it wrong he does not give a shit just ask some Wimbledon fans im sure they can tell you.

Jason, yes I do.

Ok no more said just my opinion have a good holiday.

10m put aside for the langstone debt and Sam has moved the goal posts by adding 5m now, Sam keeping us in the shit still then it seems if this is true

Sorry to be so harsh but bollocks.

Isnt it easy to say £10million set aside for a debt that is worth £37milion.

But you won't give credit for the person who is ready to write the debt down to £10million and £5million paid on promotion.

I won't give credit to Sam no because he got us in the debt, if it wasn't for Sam we wouldn't be in this predicament in the first place and at one point he wanted his 10m so he could retire on the beach now 10m retiring on the beach ain't good enough for him it seems, I know I'd love 10m and to retire on the beach..

Thats like saying how do you know the 10million VT said was set aside is even there to start with works both ways does it not

if the debt has been due for 18 months then why haven't sam/langston taken club to court then if i owed money for that long then I know they wouldn't wait that long for money I owed

VT & Sam are currently negotiating and have been doing so for quite a while now
.
If it all ends in tears without an agreement by the 31 July then legal action would be an option.

Tony its been said on here that if its not payed in the next 24 hours the deals off totally and the club might owe him every penny of 37million or whatever it is jesus why dont we just pay what he wants now which is what was said has been put aside, just not getting it then we can get this supposed debt to equity as promised and move on which is all i really care about,

We are on the same side on this one BB'77. I can't explain why the £10m isn't paid to bring this matter to an end.

if the debt has been due for 18 months then why haven't sam/langston taken club to court then if i owed money for that long then I know they wouldn't wait that long for money I owed

VT & Sam are currently negotiating and have been doing so for quite a while now
.
If it all ends in tears without an agreement by the 31 July then legal action would be an option.

Tony its been said on here that if its not payed in the next 24 hours the deals off totally and the club might owe him every penny of 37million or whatever it is jesus why dont we just pay what he wants now which is what was said has been put aside, just not getting it then we can get this supposed debt to equity as promised and move on which is all i really care about,

We are on the same side on this one BB'77. I can't explain why the £10m isn't paid to bring this matter to an end.

I think all our fans are on the same side as all we want is debt to equity rite now out of all of this rebrand thing dont we, but this will not happen untill this langston deal is done i just can not get my head around if langston want 10million NOW by the 31st and VT has said 10million is there set aside in the rebrand package which is there for anyone joe public to see in his statement then whats the hold up, because as we stand if it goes over 31st we could well owe three times that and then what shit creek maybe i dont know.

the malaysians must deliver or the whole rebrand process is pointless......


1/ change the image ( done)
2/ new training facilities ( not heard on this for a while, but currently not a priority)
3/ settling langston ( no sign of a deal yet)
4/ debt to equity swap (without 3 this will not happen)
5/ funds set aside for players ( still ongoing and too early to really say)


so as we currently stand, the only part of the rebrand has been the pointless change to red and some signings with transfer fees paid mostly replacing what we lost... i.e. velikonja for miller, mutch for the previous loan of lawrence and the addition of kimbo.

the main priority must be this langston deal and im getting the feeling its the malaysians who are dragging their feet now not sam...

if the debt has been due then why haven't sam/langston taken club to court then

IMHO

Because its not open and shut.

Sam thinks the club have breached terms of the agreement, and he is probably right. However this was his argument last time and he couldn't get a summary Judgement. If he goes to court to try to prove it not only may the court think it isn't material enough to judge that the money must be paid, but also stuff may come out which he doesn't want (see what the judge said last time), also should he win the case then VT will probably pull the plug.

Its a mess and we as fans are stuck in the middle of a chess game between 2 rich men.

TBH with you Tim I think that reference in the Judgement to the club proving that Sam was Langston at any future High Court Hearing was a complete Red Herring.

I honestly believe he is not Langston but he has permission to speak for Langston. He has that permission because Sam owes Langton money as he probably underwrote the loan notes, so if that was exposed at any High Court Hearing it would be totally immaterial as that would be between Sam and Langston with no bearing on Cardiff City Football Club.

Your other point is more probably correct, Sam is more worried that he might WIN any court case as VT would pull the plug and Langston would get pennies from any liquidation.

Tony, you know what the judge said, he said it would be exposed that Sam was Langston, why did he say this if it wasn't relevent - its not normal for a judge to point out things of no relevence to the case ? You also need to consider why Sam doesn't want the real Langston to become public knowledge. Its not a normal way of doing business and there must be a reason behind it - and it can't be good.
Also remember he was hell bent on winning control of the club at the time, why did he not proceed to the full case ?

the malaysians must deliver or the whole rebrand process is pointless......


1/ change the image ( done)
2/ new training facilities ( not heard on this for a while, but currently not a priority)
3/ settling langston ( no sign of a deal yet)
4/ debt to equity swap (without 3 this will not happen)
5/ funds set aside for players ( still ongoing and too early to really say)


so as we currently stand, the only part of the rebrand has been the pointless change to red and some signings with transfer fees paid mostly replacing what we lost... i.e. velikonja for miller, mutch for the previous loan of lawrence and the addition of kimbo.

the main priority must be this langston deal and im getting the feeling its the malaysians who are dragging their feet now not sam...

I dont see why in a official statement he would say there is 10m for langston , then dig his heels

am i the only one finding this so tedious!!!! cat and mouse simples!!!!

stumbling block from what I have read on this board is that langston want the 5m promotion bonus and vt doesn't want to pay anymore than he needs to

Look Sam spent millions on shit players and now we have to pay for it the 35mill is his debt.

Hang on, Sam built assets and accrued debt, exactly the same as VT is doing, are you shouting down VT for spending tens of millions adding to our already large debt?

Didn't Sam own the club though? Why as owner can he blow loads of cash then walk away and say to the club you now owe me (or Langston) every penny back? Where is his accountability?

if the debt has been due then why haven't sam/langston taken club to court then

IMHO

Because its not open and shut.

Sam thinks the club have breached terms of the agreement, and he is probably right. However this was his argument last time and he couldn't get a summary Judgement. If he goes to court to try to prove it not only may the court think it isn't material enough to judge that the money must be paid, but also stuff may come out which he doesn't want (see what the judge said last time), also should he win the case then VT will probably pull the plug.

Its a mess and we as fans are stuck in the middle of a chess game between 2 rich men.

TBH with you Tim I think that reference in the Judgement to the club proving that Sam was Langston at any future High Court Hearing was a complete Red Herring.

I honestly believe he is not Langston but he has permission to speak for Langston. He has that permission because Sam owes Langton money as he probably underwrote the loan notes, so if that was exposed at any High Court Hearing it would be totally immaterial as that would be between Sam and Langston with no bearing on Cardiff City Football Club.

Your other point is more probably correct, Sam is more worried that he might WIN any court case as VT would pull the plug and Langston would get pennies from any liquidation.

Tony, you know what the judge said, he said it would be exposed that Sam was Langston, why did he say this if it wasn't relevent - its not normal for a judge to point out things of no relevence to the case ? You also need to consider why Sam doesn't want the real Langston to become public knowledge. Its not a normal way of doing business and there must be a reason behind it - and it can't be good.
Also remember he was hell bent on winning control of the club at the time, why did he not proceed to the full case ?

thats my thinking , also a coincidence that the langston original loan was 24m and 24m miraculously disappeared from 1 of sams companies around the same time hmmmm

Look Sam spent millions on shit players and now we have to pay for it the 35mill is his debt.

Hang on, Sam built assets and accrued debt, exactly the same as VT is doing, are you shouting down VT for spending tens of millions adding to our already large debt?

Didn't Sam own the club though? Why as owner can he blow loads of cash then walk away and say to the club you now owe me (or Langston) every penny back? Where is his accountability?

exactly

I am sick of this shit, this club is a feeding zone for sharks

The harsh reality is MOST fans accepted this rebrand on the belief we will be debt free, but we could end up with this rebrand and still not be debt free plus owe three times the amount langston want come 24 hrs time. like it or lump it thats what it might become

am i the only one finding this so tedious!!!! cat and mouse simples!!!!

I agree with you baz

am i the only one finding this so tedious!!!! cat and mouse simples!!!!

I agree with you baz

These men who are a lot richer than most of us put together, got that rich without any of us advising them, so i do think they know what they are doing and will let us (who are the most important) when it suits them, no matter how many people try to surmise what the next step/should be
I am also sick about hearing how everybody is a crook and trying to steal the City from

During the negotiations between VT & Sam the majority of information leaked on here has all been from supporters of Sam so it's hardly an unbiased point of view, also no one knows what VT's plans are towards the debt . What ever happens next there is nothing we can do about it except to keep on supporting CCFC, but IMO looking into the future, the club will not be liquidated because we have no fixed assets and Rangers have proved players are not classed as assets just employees.

VT is in the driving seat, if he walks away then Langston will receive nought as no one else will invest in our club.
Langston and others owed money are worried about this.

I am flying to Majorca, when I return I will tell all of what happened.

Surely you can tell all us fans what is happening instead of saying you know but will tell all after your holidays?
This isnt the time to be playing some game with the fans if you know and cant say why say anything..

There was no mention of the £5m bonus but now there is, do us a favour! I believe that Sam was offered the £10m but then decided he wanted the bonus, no matter what the agreements were before, £10 million set aside. I also believe that Sam does not give a fig about CCFC he ran up the ridiculous debt that's life , you win some lose some. Every day Sam's position is getting weaker with all the money VT is putting in not stronger as people seem to think. The re-branding was not dependent on Sams debt being paid, but what was dependent on it, was the investment of £100m, I cannot believe that people are standing up for Sam, people must be wearing blindfolds, to think that Sam is being hard done by. People should not believe all the bullshit that comes from him, you are doing his work by broadcasting what he tells you. I am not in the know, but I do know certain things that I would never put on an internet board. It is not all doom and gloom and we are not in the shit, do you really think that VT does not know what he is doing, I think he is a lot smarter than Sam, and time will show that, just relax and try and enjoy the ride

it was due to be payed today, maybe vt knows something we dont and played him at his own gave maybe trick up his sleeve and wouldnt even have to pay the ammount being asked ? probably not with sams friends sticking up for him (not a dig before anyone starts) lets play the waiting game and see what happens and concentrate on supporting the players

In other news grass is green. Hopefully now people will open their eyes.

In other news grass is green. Hopefully now people will open their eyes.

In other news grass is green. Hopefully now people will open their eyes.

I'm glad we didn't pay.

Now we can spend the money on players and Hammam can pursue legal options if he thinks he has a case.

Did Sam not want extra £00,000 `s just before we were to be put in admin ??

Both businesss men BUT VT i think has upper hand

Court case suggested Sam is Langstone - more to this than meets the eye