Langston due a wedge on promotion?

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

It's been all swings and roundabouts with the both of them. Tan made a good point on his sports wales interview when he said If he didnt take Cardiff on, SH would get nothing which is true. On the other hand, if we do go up. With all the riches that come with it, especially next season with the new premier league TV deal, will an extra 5m matter to tan?

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

It's been all swings and roundabouts with the both of them. Tan made a good point on his sports wales interview when he said If he didnt take Cardiff on, SH would get nothing which is true. On the other hand, if we do go up. With all the riches that come with it, especially next season with the new premier league TV deal, will an extra 5m matter to tan?

Whats 5million between friends
I know carl, gwyn, annis will reads this maybe they can breakdown what we could have paid already to settle it and what we might end up paying now its passed us by

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

It's been all swings and roundabouts with the both of them. Tan made a good point on his sports wales interview when he said If he didnt take Cardiff on, SH would get nothing which is true. On the other hand, if we do go up. With all the riches that come with it, especially next season with the new premier league TV deal, will an extra 5m matter to tan?

As it stands Sam issue is with Cardiff City Holdings who basically have nothing in the pot. So if Sam went to court now and won there would be nothing to chase.

However that will change when promotion is gained. Cardiff City Holdings will have a windfall for a few seasons ahead. I'm expecting Sam to claim the full lot if he decides to go to court. I also expect him to win...when he goes to court that is.

I dont or he would have by now

I dont or he would have by now

Whats the point of going for it by now if there is nothing in the pot?

I find it all pretty annoying but I'm sure Tan is aware what is owed and must have his reasons.

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

£5m going to Langston not Sam.

I wish that VT had honoured his offer of £10m plus £5m promotion bonus, PMG settled and Sam Hammam becoming life president, this offer was made in late March/early April.

Only VT knows why the offers then changed to the three that were made public.

As much as I would like to see this settled one way or another, we as fans should concentrate on the football for the time being as promotions like this don't come around every season.

What will change nxt season?

Do you think Tan is so naive he would let that happen?

Five million fat ones going sams way if we get promoted is this true f**k me if so why did we just pay the 10million he wanted but offered eight in installments over seasons when the three offers in diffrent terms was put across but turned down

£5m going to Langston not Sam.

I wish that VT had honoured his offer of £10m plus £5m promotion bonus, PMG settled and Sam Hammam becoming life president, this offer was made in late March/early April.

Only VT knows why the offers then changed to the three that were made public.

As much as I would like to see this settled one way or another, we as fans should concentrate on the football for the time being as promotions like this don't come around every season.

But we are as good as promoted carl lets be real here two wins and we are up as im sure watford and hull will not win every game they both play either

I was just thinking perhaps the deal is done and they don't want to announce it as it would appear presumptuous.

Very quiet from the usual suspects in the leaks front which makes me suspicious.

I was just thinking perhaps the deal is done and they don't want to announce it as it would appear presumptuous.

Very quiet from the usual suspects in the leaks front which makes me suspicious.

New guy in the boardroom maybe and sweep the past under the table as part of the deal plus hes a football man after all and we dont have one rite now or aint had one for a while as long as its not the money side i wouldnt mind if it settles things to a clean slate with the debt thats fine by me

Last edited by Bluebird1977 on Sun Apr 07, 2013 7:36 pm, edited 1 time in total.

I was just thinking perhaps the deal is done and they don't want to announce it as it would appear presumptuous.

Very quiet from the usual suspects in the leaks front which makes me suspicious.

No deal completed, people are concentrating on football.

@Ian

Why do we need a "football man" malky is doing fine.

Sam has been out the game too long. He was never a football man as he was so reckless on big wages for mediocre players. He was a fans man.

Thats enough for me about Sam, gonna ruin my night soon thinking about him

Last edited by CraigCCFC on Sun Apr 07, 2013 7:39 pm, edited 1 time in total.

I was just thinking perhaps the deal is done and they don't want to announce it as it would appear presumptuous.

Very quiet from the usual suspects in the leaks front which makes me suspicious.

No deal completed, people are concentrating on football.

Should make for an interesting summer recess.

@Ian

Why do we need a "football man" malky is doing fine.

Sam has been out the game too long. He was never a football man as he was so reckless on big wages for mediocre players. He was a fans man.

Thats enough for me about Sam, gonna ruin my night soon thinking about him

Chill mun its a forum for all topics

I do wonder if Tan plans on just leaving us before 2016 and leaving us with the debt

I do wonder if Tan plans on just leaving us before 2016 and leaving us with the debt

But why would he want to do that because by then f**k knows how much he will be owned and i have no doubt we wouldnt have that figure whatever that will be at the time in assets for him to strip to make it back surely?

I do wonder if Tan plans on just leaving us before 2016 and leaving us with the debt

But why would he want to do that because by then f**k knows how much he will be owned and i have no doubt we wouldnt have that figure whatever that will be at the time in assets for him to strip to make it back surely?

perhaps ian we might have got to fifty odd points in the premiership and tan decides to put us into admin.
by then we would owe him so much more money than sam and tan would have the majority voting rights regarding getting a CVA agreement.
he might decide to vote for 5p in the pound and thats all the creditors would get including sam.
hypothetical i know but the more money we owe tan sams position gets weaker in my opinion

I do wonder if Tan plans on just leaving us before 2016 and leaving us with the debt

But why would he want to do that because by then f**k knows how much he will be owned and i have no doubt we wouldnt have that figure whatever that will be at the time in assets for him to strip to make it back surely?

Thats true , its just always a worry in the back of my mind , I will be happier when the Langston debt is sorted

I do wonder if Tan plans on just leaving us before 2016 and leaving us with the debt

But why would he want to do that because by then f**k knows how much he will be owned and i have no doubt we wouldnt have that figure whatever that will be at the time in assets for him to strip to make it back surely?

perhaps ian we might have got to fifty odd points in the premiership and tan decides to put us into admin.
by then we would owe him so much more money than sam and tan would have the majority voting rights regarding getting a CVA agreement.
he might decide to vote for 5p in the pound and thats all the creditors would get including sam.
hypothetical i know but the more money we owe tan sams position gets weaker in my opinion

True steve thats another way around it i suppose but would it be possible for him to take the club back then , i have no idea tbh but if it did happen wouldnt that mean all slates are clean as the club would then pay peanuts out to whats really owned in the pound in todays value, maybe VT could get the club back for a near nothing then compared to what he would have to pay out now so to speak.

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Really what makes you think this, if Vt had the best interest as you say how comes hes not settled debts now cheaper than it will be this time next season, wouldnt it have made sence to have payed this issue this season and converted debt to equity already as its going to cost alot more in time to come surely

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Really what makes you think this, if Vt had the best interest as you say how comes hes not settled debts now cheaper than it will be this time next season, wouldnt it have made sence to have payed this issue this season and converted debt to equity already as its going to cost alot more in time to come surely

I work with accountants and what a devilish breed they are.

Cardiff City holdings owe Sam, Cardiff City Holding also owe VT but he is preferred i believe. Cardiff City Holding won't get the daft TV money for a while.... We can't pay if we don't have the money....

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Really what makes you think this, if Vt had the best interest as you say how comes hes not settled debts now cheaper than it will be this time next season, wouldnt it have made sence to have payed this issue this season and converted debt to equity already as its going to cost alot more in time to come surely

I work with accountants and what a devilish breed they are.

Cardiff City holdings owe Sam, Cardiff City Holding also owe VT but he is preferred i believe. Cardiff City Holding won't get the daft TV money for a while.... We can't pay if we don't have the money....

But theres no end point then is there we will go on forever getting bailed out every month like we are told is going on now.

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Really what makes you think this, if Vt had the best interest as you say how comes hes not settled debts now cheaper than it will be this time next season, wouldnt it have made sence to have payed this issue this season and converted debt to equity already as its going to cost alot more in time to come surely

I work with accountants and what a devilish breed they are.

Cardiff City holdings owe Sam, Cardiff City Holding also owe VT but he is preferred i believe. Cardiff City Holding won't get the daft TV money for a while.... We can't pay if we don't have the money....

It all comes down to if Sam goes to court and wins.

I would imagine Sam would quite happily wait for the money if he wins in court. A bit like putting a charge on the house except it is guaranteed the house will sell.

Langstone , (sorry I mean Sam) are just after their pound of flesh. So glad we have owners now who have the best interest of the club at heart.

Really what makes you think this, if Vt had the best interest as you say how comes hes not settled debts now cheaper than it will be this time next season, wouldnt it have made sence to have payed this issue this season and converted debt to equity already as its going to cost alot more in time to come surely

I work with accountants and what a devilish breed they are.

Cardiff City holdings owe Sam, Cardiff City Holding also owe VT but he is preferred i believe. Cardiff City Holding won't get the daft TV money for a while.... We can't pay if we don't have the money....

But theres no end point then is there we will go on forever getting bailed out every month like we are told is going on now.

This is why I say accountants are devious.

We go into admin, VT offers to buy out Cardiff City Holdings and all non preferred creditors are offered 10p in the pound.

We will have the lowest point total ever, but if we are prepared to be a yoyo club it may be an option.

You can bet Tans international business affairs people have looked into every avenue and scenario possible.

All I know is owing a lot of money and paying it all back is the preserve of the working man.....

I dont or he would have by now

Whats the point of going for it by now if there is nothing in the pot?

Because he could secure the judgment by issuing a charge on it so that when money is paid to Cardiff City Holdings he would get his money.

Believe me, it is not cut and dried that Sam will get anything if he went to court which is why he hasn't. Tan may well pay him off to save himself time and legal expenses but read the last High Court Judgment transcript and you'll see that tere is no certainty for either side if this went to court.

I would bet that this does get resolved in the summer but at nowehere near some of the figures being banded about

I dont or he would have by now

Whats the point of going for it by now if there is nothing in the pot?

Because he could secure the judgment by issuing a charge on it so that when money is paid to Cardiff City Holdings he would get his money.

Believe me, it is not cut and dried that Sam will get anything if he went to court which is why he hasn't. Tan may well pay him off to save himself time and legal expenses but read the last High Court Judgment transcript and you'll see that tere is no certainty for either side if this went to court.

I would bet that this does get resolved in the summer but at nowehere near some of the figures being banded about

And Tan then decides to avoid promotion?

Sam would be best to wait for promotion before making shown his intentions.

I dont or he would have by now

Whats the point of going for it by now if there is nothing in the pot?

Because he could secure the judgment by issuing a charge on it so that when money is paid to Cardiff City Holdings he would get his money.

Believe me, it is not cut and dried that Sam will get anything if he went to court which is why he hasn't. Tan may well pay him off to save himself time and legal expenses but read the last High Court Judgment transcript and you'll see that tere is no certainty for either side if this went to court.

I would bet that this does get resolved in the summer but at nowehere near some of the figures being banded about

And Tan then decides to avoid promotion?

Sam would be best to wait for promotion before making shown his intentions.

And Tan really looks like he's avoiding promotion at the moment

As someone else posted earlier, the more money we owe Tan the weaker Sam's position becomes. I would repeat, there is absolutely no certainty that Sam will get a judgment if he goes to court, they both know that and this is simply brinkmanship by two very stubborn businessmen. The trouble is, rightly or wrongly, the sums of money in dispute for Tan are small and therefore he is much more likely to be able to afford to gamble than Sam.

Just my opinion, of course, but I think there is more to this than anyone on this message board knows and there is nobody here with any knowledge of what VT's plan is for this money, merely those who have Sam's side of the story.