Fri Jul 13, 2012 10:02 pm
Fri Jul 13, 2012 11:05 pm
BigGwynram wrote:Buchanan's Exocet wrote:There STILL seems no reason why we can't play in blue.
There is one big obvious reason, the man that owns us, wants us to play in red, simple really.
Fri Jul 13, 2012 11:07 pm
SBF1 wrote:I am certainly against the colour and badge change but not alienated in any way.
Still behind the club 100%
Fri Jul 13, 2012 11:24 pm
Tonteg Bluebird wrote:BigGwynram wrote:Allegedly, he has told people his plan is to make Cardiff a successful Premier League club, with a bigger world class stadium.
With training facilities that are some of the best in the country and a youth academy that churns out Aaron Ramsey's by the bus load.
He wants the name Cardiff City to symbolise a link between a huge far Eastern area that is growing financially at a rate of knots and is begging out for links with the most successful sport and biggest league in the world, he wants to build on our Welsh heritage and national pride and bring to cultures closer together through our sporting links.
It is obvious to see that the U.K. for whatever reason is seen as a country that many others want to have links with, not just the far East, but the middle East and India, the investment and links between these countries and the U.K. appear to develop every day, is it because the U.K is seen as the old image of Stiff Upper Lip old school heritage that others with money want to buy into, many people want to be seen as accepted into the old boys network, why else do so many of these world wide Billionaires send their kids here to be educated. what we see as a mess in some respects, others see as culture and prestige.
Possibly when people like the Abramovich's and other billionaires get to the stage when making money get's to easy, they need the excitement and rush that simple money making business's just don't supply, possibly the kudos and competitive one up-manship that football brings.
It must be great to get simply bored of making money hand over fist, how much can one man spend, how many yachts and home s and planes do you need. Perhaps owning a football club is seen as a status symbol, sadly it seems that way and modern football with all the advertising and TV rights that go with it may be seen as spoiling the OLD GAME.
What I will say is that I live through the old game and had loads of great times, but loads of crap ones as well, if people still search for those old days, then they are still out there, go watch Merthyr live from month to month on a tight budget, but don't kid yourself that their players are playing for the badge or local loyalties, they are dreaming of advancing as far as they can and if you think any of them would turn down a ten grand a week wage to play in the League, then dream on.
As a fan I have spent all my life looking forward and any success whilst being enjoyed as simply stimulated me to want more and better, perhaps ambition and progress are part of life, I'm sure Man United fans are constantly striving for bigger and better every year, even though by many they are seen as to of the pile.
Now back to VT's business plan, make the club successful, enjoy the adulation and kudos and possibly sell it on in a few years time for a massive profit, sounds OK to me, if he's got the financial clout and backing to fund his vison, then that sounds like a plan to me.
So Gwyn, in a nutshell all you have really said in this post is VT wants to strengthen our link with the far east and to do that, we must get into the Premiership - we all already know this.
Then if we get to the Premiership, you say VT will then make plans to expand our stadium and improve our training facilities - we all already know this.
You then give your opinions on why you think billionaires want to get involved with UK businesses. You then give a bizarre opinion that for fans to once again experience "the old days", we must watch teams like Merthyr?
Basically Gwyn, you have typed out 8 paragraphs telling us nothing about the title "Vincent Tan announces his business plan?" as you have told us nothing we already know and you have just waffled on giving your opinions without any evidence to suggest VT actually has a business plan.
Fri Jul 13, 2012 11:45 pm
Sneggyblubird wrote:Birchgrove wrote:great business plan that, alienate your core support
I consider myself as much a fan as anyone else and don't feel alienated at all.I've noticed that forest and Watford are the latest clubs to be bought by foriegn investors-its just the way things are going.And I'll bet they'll do whatever it takes to maximise their revenue overseas.It would not surprise me at all to see a Premier 2 in the not to distant future.
Fri Jul 13, 2012 11:50 pm
Sat Jul 14, 2012 7:06 am
RoathMagic wrote:Mr Coat, you are still making no sense with your examples.
Your key mistake of course is transfering this as a normal business purchase. Tan, once the equity is increased, has bought a £15 million business for £100 million. There is no ''doing it up to sell on''. There is NOTHING Tan or anyone can do to sell Cardiff City for over £100 million. Apart from of course turning us into a Champions League side, but in doing that cant spend a penny on the playing side from here on in. - not possible.
Now I urge you again to wake up as the only feasable way Tan will get his money back is by initially protecting his investment by becoming sole creditor, which he is about to do, and then selling the assets.
Now have a think about this instead of your pre-school infantile insults combined with some nonsense about buying a house.
Good lad.
Sat Jul 14, 2012 1:46 pm
C. Rombie-Coat wrote:RoathMagic wrote:Mr Coat, you are still making no sense with your examples.
Your key mistake of course is transfering this as a normal business purchase. Tan, once the equity is increased, has bought a £15 million business for £100 million. There is no ''doing it up to sell on''. There is NOTHING Tan or anyone can do to sell Cardiff City for over £100 million. Apart from of course turning us into a Champions League side, but in doing that cant spend a penny on the playing side from here on in. - not possible.
Now I urge you again to wake up as the only feasable way Tan will get his money back is by initially protecting his investment by becoming sole creditor, which he is about to do, and then selling the assets.
Now have a think about this instead of your pre-school infantile insults combined with some nonsense about buying a house.
Good lad.
Roath jack
Internet weirdo and business/finance expert extraordinaire strikes again.
So someone owes you £1. You then lend them £1million to ensure you get your £1 back and possibly a small part of the £1million?
You will go far.
Hit the road jack.
Sat Jul 14, 2012 2:24 pm
Jbooth wrote:Gwyn do us a favour and f**k off for 5 mins.
Sat Jul 14, 2012 2:30 pm
RoathMagic wrote:
So instead of losing £40 million and only being left with 40% of a club which is essentially worthless without him covering the shortfall, he can walk away with all his money back by selling assets he now legally owns. He tunred a smaller unsecured loa into a larger secured one, perfect business.
Sat Jul 14, 2012 3:42 pm
Sat Jul 14, 2012 7:33 pm
RoathMagic wrote:C. Rombie-Coat wrote:RoathMagic wrote:Mr Coat, you are still making no sense with your examples.
Your key mistake of course is transfering this as a normal business purchase. Tan, once the equity is increased, has bought a £15 million business for £100 million. There is no ''doing it up to sell on''. There is NOTHING Tan or anyone can do to sell Cardiff City for over £100 million. Apart from of course turning us into a Champions League side, but in doing that cant spend a penny on the playing side from here on in. - not possible.
Now I urge you again to wake up as the only feasable way Tan will get his money back is by initially protecting his investment by becoming sole creditor, which he is about to do, and then selling the assets.
Now have a think about this instead of your pre-school infantile insults combined with some nonsense about buying a house.
Good lad.
Roath jack
Internet weirdo and business/finance expert extraordinaire strikes again.
So someone owes you £1. You then lend them £1million to ensure you get your £1 back and possibly a small part of the £1million?
You will go far.
Hit the road jack.
Hi Mr Coat. Your example makes no sense... again.
First of all it is not applied to the situation and secondly the outcome is completely wrong. Tan wants to protect his initial £6 million investment plus £32 +7% million loan notes, which is £40+ million in total. Slightly more than a quid wouldnt you say? In order to protect this he is willing to temperarily release a further £15 million at least to rid the club of other creditiors, meaning he is the only one left and there is no threat of administration hanging over his investment.
So instead of losing £40 million and only being left with 40% of a club which is essentially worthless without him covering the shortfall, he can walk away with all his money back by selling assets he now legally owns. He tunred a smaller unsecured loa into a larger secured one, perfect business.
Id love to know what sense you see in 'the other' the nonsense plot. You know the one where he continues to pour in £15 to £18 million a year to keep us above water while miraculously turning us into a Champions League side and then still only being able to barely sell us for a profit. That still makes me smile even typing it, the fact people believe it however is more than a little disturbing.
Sat Jul 14, 2012 8:07 pm
RoathMagic wrote:Will some of you listen to yourselves ffs.
How exactly is he going to get his money back? successful or not. Shall we o through some figures again? We will be worse off for going up not better off.
We lose £15 million now. it costs £10 million to go up in terms of bonuses triggered. the average spend just to compete for newly promoted sides is £13 million. The average increase in wage bills for newly promoted sides is £23 million.
Outgoings = £61 million
Average income for a newly promoted side = £44 million
= Loss of £17 million p/a.
NOW shall we be realistic?
Sorry , but your argument is fatally flawed as you have totally mixed up and confused income , losses and costs.
The club`s total costs in 2010/11 were £28m against income of £16m which gave rise to the loss of £12m.
If you are correct that costs of wages could go up by £23m , that would put costs up to £51m not the £61m you say (promotion bonuses are a one-off not a recurring cost).
If we were to get promoted , our TV income would go up from the current £3m at Championship level to a minimum of £37m at Premier level (£61m from 2013/4). So an increase in our current income level from £16m to £50m even for finishing rock bottom , even without extra commercial income.
So true figures should be about breakeven.
Keith
Tan wants to turn his £40 million UNSECURED loan into a £90 million SECURED loan. If we dont go up he will get his money back by selling assetts that HE WILL OWN as result of owning the club.
Sat Jul 14, 2012 8:23 pm
Sat Jul 14, 2012 8:26 pm
C. Rombie-Coat wrote:RoathMagic wrote:C. Rombie-Coat wrote:RoathMagic wrote:Mr Coat, you are still making no sense with your examples.
Your key mistake of course is transfering this as a normal business purchase. Tan, once the equity is increased, has bought a £15 million business for £100 million. There is no ''doing it up to sell on''. There is NOTHING Tan or anyone can do to sell Cardiff City for over £100 million. Apart from of course turning us into a Champions League side, but in doing that cant spend a penny on the playing side from here on in. - not possible.
Now I urge you again to wake up as the only feasable way Tan will get his money back is by initially protecting his investment by becoming sole creditor, which he is about to do, and then selling the assets.
Now have a think about this instead of your pre-school infantile insults combined with some nonsense about buying a house.
Good lad.
Roath jack
Internet weirdo and business/finance expert extraordinaire strikes again.
So someone owes you £1. You then lend them £1million to ensure you get your £1 back and possibly a small part of the £1million?
You will go far.
Hit the road jack.
Hi Mr Coat. Your example makes no sense... again.
First of all it is not applied to the situation and secondly the outcome is completely wrong. Tan wants to protect his initial £6 million investment plus £32 +7% million loan notes, which is £40+ million in total. Slightly more than a quid wouldnt you say? In order to protect this he is willing to temperarily release a further £15 million at least to rid the club of other creditiors, meaning he is the only one left and there is no threat of administration hanging over his investment.
So instead of losing £40 million and only being left with 40% of a club which is essentially worthless without him covering the shortfall, he can walk away with all his money back by selling assets he now legally owns. He tunred a smaller unsecured loa into a larger secured one, perfect business.
Id love to know what sense you see in 'the other' the nonsense plot. You know the one where he continues to pour in £15 to £18 million a year to keep us above water while miraculously turning us into a Champions League side and then still only being able to barely sell us for a profit. That still makes me smile even typing it, the fact people believe it however is more than a little disturbing.
Jerk,
Fantasy Island.
Why bother putting up any money in the first place?
TG and Mr Tan could have pulled out before our last play-off final at the point where the level of investment was relatively low.
They could have pulled out at subsequent points.
They have kept investing.
They are serious about what they are doing.
They know what they are doing.
you really are a prize specimen.
When I suggest you seek help. I genuinely mean it.
There you are. A jack with a computer keyboard and screen.
Posing as a Cardiff City fan.
Rumbled very quickly.
Constructing ridiculous scenarios.
Proven obsessive posting.
Again and again.
At all hours.
No shame.
What do you get out of it?
In front of your keyboard.
f*cking weirdo.
Sat Jul 14, 2012 8:39 pm
RoathMagic wrote:players, real estate, whatever hes bought under the guise of investment like training ground etc, ticket money, Tv money. Loads of revenue streams he could get his hands on, unfortunately for us the funds are needed to pay other things. But it wont be his problem.
Sat Jul 14, 2012 8:46 pm
RoathMagic wrote:Promotion bonuses are a recurring costs as they are replaced with survival costs. triggering clauses and bonuses for staying up.
My figures are accurate.
Sat Jul 14, 2012 8:54 pm
RoathMagic wrote:players, real estate, whatever hes bought under the guise of investment like training ground etc, ticket money, Tv money. Loads of revenue streams he could get his hands on, unfortunately for us the funds are needed to pay other things. But it wont be his problem.
Sun Jul 15, 2012 5:18 am
since62 wrote:RoathMagic wrote:Promotion bonuses are a recurring costs as they are replaced with survival costs. triggering clauses and bonuses for staying up.
My figures are accurate.
But they are clearly far from accurate.
Show me the wages figures for recently promoted clubs to see if they are anything like the £23m increase you suggest.
Your average income for clubs newly promoted to the Premier is also wrong.
I am not sure where you get your figures from , but its not a reliable source.
Sun Jul 15, 2012 8:11 am
RoathMagic wrote:since62 wrote:RoathMagic wrote:Promotion bonuses are a recurring costs as they are replaced with survival costs. triggering clauses and bonuses for staying up.
My figures are accurate.
But they are clearly far from accurate.
Show me the wages figures for recently promoted clubs to see if they are anything like the £23m increase you suggest.
Your average income for clubs newly promoted to the Premier is also wrong.
I am not sure where you get your figures from , but its not a reliable source.
So thats your way of just asking for proof, rather than disagreeing with my figures. I notice you dont correct me just tell me im wrong.
Swanseas wage bill in the CCC was £8 million, it is now £30 million. The lowest in the Prem and a hike of £22 million.
They call the Championship final the £90 million game (its actually £86 million but it doesnt have the same ring to it im sure youll agree) that is based on a team getting relegated after 1 season. £38 million parachute money and £48 million TV money and extra revenues.
these are facts not opinions
Sun Jul 15, 2012 5:16 pm
Sun Jul 15, 2012 5:46 pm
RoathMagic wrote:since62 wrote:RoathMagic wrote:Promotion bonuses are a recurring costs as they are replaced with survival costs. triggering clauses and bonuses for staying up.
My figures are accurate.
But they are clearly far from accurate.
Show me the wages figures for recently promoted clubs to see if they are anything like the £23m increase you suggest.
Your average income for clubs newly promoted to the Premier is also wrong.
I am not sure where you get your figures from , but its not a reliable source.
So thats your way of just asking for proof, rather than disagreeing with my figures. I notice you dont correct me just tell me im wrong.
Swanseas wage bill in the CCC was £8 million, it is now £30 million. The lowest in the Prem and a hike of £22 million.
They call the Championship final the £90 million game (its actually £86 million but it doesnt have the same ring to it im sure youll agree) that is based on a team getting relegated after 1 season. £38 million parachute money and £48 million TV money and extra revenues.
these are facts not opinions
Mon Jul 16, 2012 3:37 am
Mon Jul 16, 2012 5:16 am
RoathMagic wrote:How boring, I actually thought I may have had a decent reply for once.
Ok, correcting my correct figures with incorrect ones and stating them as truth without a source is not really a reply.
Anyway here we are. Swansea wage bill was £7 million not £17.8 million as ridiculously suggested...
http://www.dailymail.co.uk/sport/footba ... eague.html
in that article it also shows Blackpools as £20 million, although after January it went up again. However Blackpool being the lowest payers in the history of the Premier League isnt really a good measuring stick, nor WBA and Newcastle considering they were still paying Premier League wage following their relegation. But Blackpool still saw a rise of £17 million and Swansea saw a rise of £21 million and both are mdest with their wage structures. But as was stated elsewhere the average IS £23 million increase, a quick look at the wage table will tell you this figure is fairly accurate.
As for TV money, I got the TV money and parachute money the wrong way round, but it doesnt change anything apart from emphasising my point stronger. The point being of course that our outgoings will gazzump our income on a scale even larger than it does now.
Premier League wage table:-
http://www.guardian.co.uk/football/2012 ... rofit-debt
Mon Jul 16, 2012 6:32 am
RoathMagic wrote:How boring, I actually thought I may have had a decent reply for once.
Ok, correcting my correct figures with incorrect ones and stating them as truth without a source is not really a reply.
Anyway here we are. Swansea wage bill was £7 million not £17.8 million as ridiculously suggested...
http://www.dailymail.co.uk/sport/footba ... eague.html
in that article it also shows Blackpools as £20 million, although after January it went up again. However Blackpool being the lowest payers in the history of the Premier League isnt really a good measuring stick, nor WBA and Newcastle considering they were still paying Premier League wage following their relegation. But Blackpool still saw a rise of £17 million and Swansea saw a rise of £21 million and both are mdest with their wage structures. But as was stated elsewhere the average IS £23 million increase, a quick look at the wage table will tell you this figure is fairly accurate.
As for TV money, I got the TV money and parachute money the wrong way round, but it doesnt change anything apart from emphasising my point stronger. The point being of course that our outgoings will gazzump our income on a scale even larger than it does now.
Premier League wage table:-
http://www.guardian.co.uk/football/2012 ... rofit-debt
Mon Jul 16, 2012 6:58 am
Mon Jul 16, 2012 7:18 am
NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
Mon Jul 16, 2012 7:27 am
Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
Mon Jul 16, 2012 7:33 am
NJ73 wrote:Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
As a suggestion why don't you put me on block to spare you from reading my posts.
Or just not click on them.
Mon Jul 16, 2012 7:37 am
Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
As a suggestion why don't you put me on block to spare you from reading my posts.
Or just not click on them.
Shouldn't have to since YOU'RE ON A CARDIFF CITY FORUM.
Besides if I hadnt read your posts I would have missed you admitting Wigan were a bigger club than you and getting tied in up knots over britton