" I have been told totally different regarding Vincent Tan"

Why do you need a billionaire to take over?

The attitudes of Cardiff fans is insane. Do you think Huw Jenkins is a billionaire then steve?

The job of an owner should be to spend the clubs money wisely not loan the club his own.

Ive given countless credible scenarios once Tan leaves. Its not a mind bending business plan.

(Oh and you never apologised for your accusation i was using a multi the other day, expected better from you.)

Well whoever comes in has to be pretty rich if they want to buy out Tan and invest in assets seeing as we won't have any

They simply have to have enough to buy Tans shares. That could be £15m between a consortium, niwhere near billionaires and barely multi millionaires.

You will have plenty of assets to be competitive. Swansea went from league 2 to the Premier League in a decade. Did we ever have a billionaire?

You will have an infinate amount of assets comparedto what we did when we were taken over.

His shares will be over £50 million if he does the debt to equity so no £15 million isn't going to cover it. And yes if we are going to sell our assets to cover the rest of the debt then that that means we won't have any as our current assets are nothing more than our playing staff and the planned training ground.

His shares will be over £50 million if he does the debt to equity so no £15 million isn't going to cover it. And yes if we are going to sell our assets to cover the rest of the debt then that that means we won't have any as our current assets are nothing more than our playing staff and the planned training ground.

Tans shares are worth what he wants them to be worth. If he wants to get his money back and leave then they will simply be worth the surpluss after asset stripping, which id say would be between £15m - £20m or even less of the debt is some debt is continued over to the next owner.

Of he wants to profit then he will ask more, but the extra time it takes to find someone willing to pay top dollar he has to fund the club so its counter productive.

Your assets are now only your playing staff so not sure what you mean by "after selling assets we wont have any left". You have about thirty five players on your books dont you? Sell seven or eight and you still have more than enough to have a full squad without signing anybody at all.

The new owners can then restructure the club and operate at break even and build from there.

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

So you say its nonsense and then say it will probably happen?

Asset stripping is exactly that, selling your value players and paying off his own loan notes. Nothing nonsene about it, in fact, its common sense.

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

So you say its nonsense and then say it will probably happen?

Asset stripping is exactly that, selling your value players and paying off his own loan notes. Nothing nonsene about it, in fact, its common sense.

The nonsense part is people making out all our players will be sold duh

I think people are misunderstanding rather than "making out" it will happen.

I think people are misunderstanding rather than "making out" it will happen.

Like I said I expect the high value players to be sold, but the free transfers, cheap buys and players we already have that are not worth much, I can't see tan selling them all, and if anyone wants to bet me on that I will throw 1k into the mix.

I think people are misunderstanding rather than "making out" it will happen.

Like I said I expect the high value players to be sold, but the free transfers, cheap buys and players we already have that are not worth much, I can't see tan selling them all, and if anyone wants to bet me on that I will throw 1k into the mix.

I don't think anybody is claiming that as i just said.

People are just misunderstanding the term asset stripping rather than suggesting it will happen.

However the likes of daelhi and john maybe moved on next year when normally they wouldnt.

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

This asset stripping does make me laugh as well because as you rightly point out Caulker & Medel are almost certainly going to be sold on, for any number of reasons none of which have anything to do with asset stripping. In respect of Marshall if he does go then the when has our club ever been in a position to turndown the type of fee we are talking about ? Ledley maybe but lets face it £6m+ is decent money for a player who cost 10% of that.

I'd love to know how VT £12M investment in the stadium expansion fits into this whole asset stripping scenario, then again I'd love to know how the stadium fits into this whole the club is worth say £15m bollocks being spouted by Tragic.

Let's face it the only reason this idiot is being allowed on this site is to keep this whole anti VT rhetoric going, without that Annis would have banned him a long long time ago.

Sorry Annis but allowing this guy to spout his bullshit on here is, in my opinion, damaging the reputation of this messageboard and that's really sad.

Eh? Asset stripping is selling assets to pay yourself what you have loaned the club. If they were likely to be sold anyway makes no difference what so ever.

When Tan bought the club when in the Championship he initially bought 40% of it for £6m. That is roughly £15m value. His investment in the stadium expansion is part of the debt sum which will be paid back with the asset stripping.

Asset stripping can make you laugh all you wish, however everybody to a man including yourself has accepted it will happen, you just wish to label it something else

You say what im saying is "bullshit" - i can only assume its because you dont understand what has been typed. Tell me specifically what you disagree with and I shall explain in greater detail

Eh? Asset stripping is selling assets to pay yourself what you have loaned the club. If they were likely to be sold anyway makes no difference what so ever.

When Tan bought the club when in the Championship he initially bought 40% of it for £6m. That is roughly £15m value. His investment in the stadium expansion is part of the debt sum which will be paid back with the asset stripping.

Asset stripping can make you laugh all you wish, however everybody to a man including yourself has accepted it will happen, you just wish to label it something else

You say what im saying is "bullshit" - i can only assume its because you dont understand what has been typed. Tell me specifically what you disagree with and I shall explain in greater detail

"Bullshit" - Deceiving, misleading, disingenuous or false communication".

VT initial investment of £6m was confirmed by General Meeting of the club which approved an issue of 118,665,241 new ordinary shares which when added to the already 41,334,759 making a total of 160,000,000. Each share was valued at 15.69p and 38,240,918 shares were allocated to the Malaysian Investors with a value of £6m. So his "Initial" investment of £6m (23% of available shares) represented exactly that so that makes your assertions what?

Take your pick from deceiving, misleading, disingenuous or false ALL of which can by nicely covered by the single description of "Bullshit".

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

This asset stripping does make me laugh as well because as you rightly point out Caulker & Medel are almost certainly going to be sold on, for any number of reasons none of which have anything to do with asset stripping. In respect of Marshall if he does go then the when has our club ever been in a position to turndown the type of fee we are talking about ? Ledley maybe but lets face it £6m+ is decent money for a player who cost 10% of that.

I'd love to know how VT £12M investment in the stadium expansion fits into this whole asset stripping scenario, then again I'd love to know how the stadium fits into this whole the club is worth say £15m bollocks being spouted by Tragic.

Let's face it the only reason this idiot is being allowed on this site is to keep this whole anti VT rhetoric going, without that Annis would have banned him a long long tidme ago.

Sorry Annis but allowing this guy to spout his bullshit on here is, in my opinion, damaging the reputation of this messageboard and that's really sad.

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

This asset stripping does make me laugh as well because as you rightly point out Caulker & Medel are almost certainly going to be sold on, for any number of reasons none of which have anything to do with asset stripping. In respect of Marshall if he does go then the when has our club ever been in a position to turndown the type of fee we are talking about ? Ledley maybe but lets face it £6m+ is decent money for a player who cost 10% of that.

I'd love to know how VT £12M investment in the stadium expansion fits into this whole asset stripping scenario, then again I'd love to know how the stadium fits into this whole the club is worth say £15m bollocks being spouted by Tragic.

Let's face it the only reason this idiot is being allowed on this site is to keep this whole anti VT rhetoric going, without that Annis would have banned him a long long tidme ago.

Sorry Annis but allowing this guy to spout his bullshit on here is, in my opinion, damaging the reputation of this messageboard and that's really sad.

Any one saying or thinking Tans an asset stripper is either an idiot, liar or both. The very fact he's contiuing to invest is being ignored, surely that shows what type of idiot he is. Every club thats relegated looks to offload its normal, in fact jenkins offloads players without even relegation. Is that asset stripping. Its Annis should apologise for leaving this idiot undermine our club let alone his board, or does it suit I wonder.?

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

This asset stripping does make me laugh as well because as you rightly point out Caulker & Medel are almost certainly going to be sold on, for any number of reasons none of which have anything to do with asset stripping. In respect of Marshall if he does go then the when has our club ever been in a position to turndown the type of fee we are talking about ? Ledley maybe but lets face it £6m+ is decent money for a player who cost 10% of that.

I'd love to know how VT £12M investment in the stadium expansion fits into this whole asset stripping scenario, then again I'd love to know how the stadium fits into this whole the club is worth say £15m bollocks being spouted by Tragic.

Let's face it the only reason this idiot is being allowed on this site is to keep this whole anti VT rhetoric going, without that Annis would have banned him a long long tidme ago.

Sorry Annis but allowing this guy to spout his bullshit on here is, in my opinion, damaging the reputation of this messageboard and that's really sad.

Any one saying or thinking Tans an asset stripper is either an idiot, liar or both. The very fact he's contiuing to invest is being ignored, surely that shows what type of idiot he is. Every club thats relegated looks to offload its normal, in fact jenkins offloads players without even relegation. Is that asset stripping. Its Annis should apologise for leaving this idiot undermine our club let alone his board, or does it suit I wonder.?

the board is all about an anti tan agenda and roathie fits the bill with his constant criticism of tan.
he has tried peddling his wares on mikes board and gets virtually ignored so its quite simple really if peole used the ignore button then he would not influence the board so much.
its laughable really when the owner of the board wants to drive a billionaire owner away from the club but fails to stop an account from posting on the board

Got to laugh at this asset stripping nonsense. At the end of the day our most expensive players are being sold anyway, regarding the rest of the team they wouldn't fetch much so can't see him bothering. He may well keep the money from caulker, Medel, Marshall and maybe one more, so that's about 25 mil which is his and he can keep it. The way ole is going about his business we are going to have a good team for as little as 5 mil come the end of the summer.

This asset stripping does make me laugh as well because as you rightly point out Caulker & Medel are almost certainly going to be sold on, for any number of reasons none of which have anything to do with asset stripping. In respect of Marshall if he does go then the when has our club ever been in a position to turndown the type of fee we are talking about ? Ledley maybe but lets face it £6m+ is decent money for a player who cost 10% of that.

I'd love to know how VT £12M investment in the stadium expansion fits into this whole asset stripping scenario, then again I'd love to know how the stadium fits into this whole the club is worth say £15m bollocks being spouted by Tragic.

Let's face it the only reason this idiot is being allowed on this site is to keep this whole anti VT rhetoric going, without that Annis would have banned him a long long tidme ago.

Sorry Annis but allowing this guy to spout his bullshit on here is, in my opinion, damaging the reputation of this messageboard and that's really sad.

Any one saying or thinking Tans an asset stripper is either an idiot, liar or both. The very fact he's contiuing to invest is being ignored, surely that shows what type of idiot he is. Every club thats relegated looks to offload its normal, in fact jenkins offloads players without even relegation. Is that asset stripping. Its Annis should apologise for leaving this idiot undermine our club let alone his board, or does it suit I wonder.?

the board is all about an anti tan agenda and roathie fits the bill with his constant criticism of tan.
he has tried peddling his wares on mikes board and gets virtually ignored so its quite simple really if peole used the ignore button then he would not influence the board so much.
its laughable really when the owner of the board wants to drive a billionaire owner away from the club but fails to stop an account from posting on the board

There's more and more people realising what you say, speak common sense which at times means your agree with Tan makes you a Tan are licker. Not the case common sense means just that and having it means you are wanting the club to succeed. Without Cardiff City this board would be worthless so agreeing and allowing some Jack idiot peddle his bullshit
Says to me to board need a rethink on.policy.

Eh? Asset stripping is selling assets to pay yourself what you have loaned the club. If they were likely to be sold anyway makes no difference what so ever.

When Tan bought the club when in the Championship he initially bought 40% of it for £6m. That is roughly £15m value. His investment in the stadium expansion is part of the debt sum which will be paid back with the asset stripping.

Asset stripping can make you laugh all you wish, however everybody to a man including yourself has accepted it will happen, you just wish to label it something else

You say what im saying is "bullshit" - i can only assume its because you dont understand what has been typed. Tell me specifically what you disagree with and I shall explain in greater detail

"Bullshit" - Deceiving, misleading, disingenuous or false communication".

VT initial investment of £6m was confirmed by General Meeting of the club which approved an issue of 118,665,241 new ordinary shares which when added to the already 41,334,759 making a total of 160,000,000. Each share was valued at 15.69p and 38,240,918 shares were allocated to the Malaysian Investors with a value of £6m. So his "Initial" investment of £6m (23% of available shares) represented exactly that so that makes your assertions what?

Take your pick from deceiving, misleading, disingenuous or false ALL of which can by nicely covered by the single description of "Bullshit".

So you are disagreeing with the £15m valuation and thus suggesting that maybe the club will be closer to the £25m mark?

This changes what exactly? Are you saying asset stripping is not a realistic prospect? (even though you said he would do it yourself), are you suggesting a billionaire needs to take over? (Even though both our figures suggest otherwise), are you suggesting Tan doesnt want to go and it makes financial sense to stay (even though all the signs point to the opposite).

Please, put a counter forward because - of all the bullshit replies then yours must be up there with the best

You have managed to portray that you disagree with me while agreeing with every sentiment in my initial post

Any one saying or thinking Tans an asset stripper is either an idiot, liar or both. The very fact he's contiuing to invest is being ignored, surely that shows what type of idiot he is. Every club thats relegated looks to offload its normal, in fact jenkins offloads players without even relegation. Is that asset stripping. Its Annis should apologise for leaving this idiot undermine our club let alone his board, or does it suit I wonder.?

This is a prime example of someone who just genuinely doesnt understand.

"Anyone thinking tan is an asset stripper"

It is not a label, a profession or indeed a hobby. It is a technique used in business everyday to get back ones investment once it becomes clear that continuing to out money in, will result in more loss.

The club owe him £150m. The club doesnt generate that in order to pay him.

It really isnt rocket science. The replies of "bullshit" are frankly stunning

Wouldn't you say balancing the books abit buy selling the players on high wages, and bringing in 25 from player sales, then getting cardiff promoted then selling would be more beneficial to VT, I for one think it would.

the board is all about an anti tan agenda and roathie fits the bill with his constant criticism of tan.
he has tried peddling his wares on mikes board and gets virtually ignored so its quite simple really if peole used the ignore button then he would not influence the board so much.
its laughable really when the owner of the board wants to drive a billionaire owner away from the club but fails to stop an account from posting on the board

Absolute rubbish steve. You have gone from a fairly balanced poster to someone trying to grind every one of their axes in recent weeks no matter how ludicrous. You claim nobidy offers a solution and then ignore a multitude of them.

Im amazed you harp on about "billionaire owners" as if its some great thing everyine aspires to get. HE is rich, it doesnt mean YOU are. The richer the owner the more debt the club comes into, how is that possibly a good thing?

We are the most profitable club in the Premier League, you fail to answer if you think Jenkins is a billionaire.

Never had you for a red loving sellout, your true colours have been shown in recent weeks. Annis and co are the true bluebirds here, all you seem to bang on about is billionaires. Its pathetic to read.

Wouldn't you say balancing the books abit buy selling the players on high wages, and bringing in 25 from player sales, then getting cardiff promoted then selling would be more beneficial to VT, I for one think it would.

Would I say? No.

Promotion is in no way guaranteed. If he stays for another 3 years for example then that could put him £30m further in the shit. This time the club doesnt have the assets to cover it.

Once the investments (loans) go above an amount he can amass by asset stripping and share selling then every loan becomes unsecured essentially and it then a strict gamble on promotion to bail him out.

Why not get his money back now? Why is he waiting another year, if you believe the ITK's. The club could be worth even less by then, have fewer assets, have larger debts. Not going anywhere unless he gets a huge offer for the club.

Eh? Asset stripping is selling assets to pay yourself what you have loaned the club. If they were likely to be sold anyway makes no difference what so ever.

When Tan bought the club when in the Championship he initially bought 40% of it for £6m. That is roughly £15m value. His investment in the stadium expansion is part of the debt sum which will be paid back with the asset stripping.

Asset stripping can make you laugh all you wish, however everybody to a man including yourself has accepted it will happen, you just wish to label it something else

You say what im saying is "bullshit" - i can only assume its because you dont understand what has been typed. Tell me specifically what you disagree with and I shall explain in greater detail

"Bullshit" - Deceiving, misleading, disingenuous or false communication".

VT initial investment of £6m was confirmed by General Meeting of the club which approved an issue of 118,665,241 new ordinary shares which when added to the already 41,334,759 making a total of 160,000,000. Each share was valued at 15.69p and 38,240,918 shares were allocated to the Malaysian Investors with a value of £6m. So his "Initial" investment of £6m (23% of available shares) represented exactly that so that makes your assertions what?

Take your pick from deceiving, misleading, disingenuous or false ALL of which can by nicely covered by the single description of "Bullshit".

So you are disagreeing with the £15m valuation and thus suggesting that maybe the club will be closer to the £25m mark?

This changes what exactly? Are you saying asset stripping is not a realistic prospect? (even though you said he would do it yourself), are you suggesting a billionaire needs to take over? (Even though both our figures suggest otherwise), are you suggesting Tan doesnt want to go and it makes financial sense to stay (even though all the signs point to the opposite).

Please, put a counter forward because - of all the bullshit replies then yours must be up there with the best

You have managed to portray that you disagree with me while agreeing with every sentiment in my initial post

I agree with nothing you have written lets make that 100% clear and if I have put a label on anything it's you - Disingenuous.

Wouldn't you say balancing the books abit buy selling the players on high wages, and bringing in 25 from player sales, then getting cardiff promoted then selling would be more beneficial to VT, I for one think it would.

Would I say? No.

Promotion is in no way guaranteed. If he stays for another 3 years for example then that could put him £30m further in the shit. This time the club doesnt have the assets to cover it.

Once the investments (loans) go above an amount he can amass by asset stripping and share selling then every loan becomes unsecured essentially and it then a strict gamble on promotion to bail him out.

As Annis has stated, VT is staying for another season, and will go next season whether we get promoted or not. Personally I can see us getting promoted under ole with the signings he is making, that will then leave it up to tan to sell a premier league club which is of course a lot more attractive to potential buyers.

If we don't get promoted Tan will most definatly need to take a big loss if he wants out, but thanks for the new training facilities and stadium extension VT catch you later back down the divisions and back to blue and we start again, no lose situation for us

Still spread betting with large broad-strokes I see Mr Magic.

I agree with nothing you have written lets make that 100% clear and if I have put a label on anything it's you - Disingenuous.

So by default you think selling players to pay off the debt is not an option to Tan

You think the club can afford to pay him is £150m back

And you think you have to be a billionaire to run a football club

All ridiculous and all can be proven wrong without much effort. Try posting sense rather than posting frustrated nonsense aimed at a username

I agree with nothing you have written lets make that 100% clear and if I have put a label on anything it's you - Disingenuous.

So by default you think selling players to pay off the debt is not an option to Tan

You think the club can afford to pay him is £150m back

And you think you have to be a billionaire to run a football club

All ridiculous and all can be proven wrong without much effort. Try posting sense rather than posting frustrated nonsense aimed at a username

Nothing by default Tragic other than having your card marked and clearly labeled - disingenuous.

Nothing by default Tragic other than having your card marked and clearly labeled - disingenuous.

So you agree with what I said afterall then?

You see any monkey can blanket disagree due to fear, an inferiority complex or just a vendetta.

However when the points are broken down, there is nothing to disagree with really

I agree with nothing you have written lets make that 100% clear and if I have put a label on anything it's you - Disingenuous.

So by default you think selling players to pay off the debt is not an option to Tan

You think the club can afford to pay him is £150m back

And you think you have to be a billionaire to run a football club


All ridiculous and all can be proven wrong without much effort. Try posting sense rather than posting frustrated nonsense aimed at a username

Do you get paid for stating the obvious, over and over. Your mantra on this forum could easily be the scenario for 90% of the football clubs out there, and business in general. Broad-strokes et al.

My compadre got it all wrong in this thread, but ill leave it up and make a new one for him to play with and get it right. Scare the crows away sort to speak. It is only common sense that when you repeat a thing long enough, you eventually will get it right.Not last time, maybe not this time, but eventually it will. After all, its all logic. All the variables can magically be calculated in to one box of honey, and when they are done, we can all eat from it. Ive been told by a reliable source that his motivations is pure and those of salvation will be heavily rewarded on the other side of this fearsome battle.
Peace out and Alton Towers here i come
WHOOOPIIIIIIIIIIII
viewtopic.php?f=2&t=136474

So sweet of you to leave a little scare monk for your little friend to play with while you are away this weekend. Will be really educational and entertaining