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" TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:30 pm

There has been quite a few topics on here lately asking what is the latest with Sam and Tan.

Although there is no breaking news on a potential deal to conclude the loan notes, I can tell you that Sam Hammam flew into London last week to take part in three days of meetings and flew back to Lebanon last Thursday.

Yesterday Sam was back in London for more meetings and will head back to Lebanon tomorrow.

There are several ways being discussed of coming to a settlement of the loan notes but this will not happen overnight, even with the best intentions and good will from both sides there is plenty to discuss and finalise and even once one deal is verbally agreed, it has to then go to the lawyers to draw up the contracts, which will be examined closely by both sides before any contract would be signed off by both sides and become a legally binding contract.

So hypothetically, even if a deal was struck in principal this evening it would probably take a minimum of six weeks before a contract was signed and that would be at best.

So the positive is, that both sides are communicating and discussing how to take this forward and bring an end that both sides are happy with and for the good of Cardiff City Football Club but for those who may be interested in such matters should remain patient and understand that this could take several months to finally conclude.

I suppose after so many years another couple of months won't be so much of an issue.

My personal point of view on the subject is that I believe a deal will be agreed in principal ahead of the Premier League kick off and then it will be down to the lawyers to draw up the contract.

:ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:40 pm

Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:43 pm

carlccfc wrote:There has been quite a few topics on here lately asking what is the latest with Sam and Tan.

Although there is no breaking news on a potential deal to conclude the loan notes, I can tell you that Sam Hammam flew into London last week to take part in three days of meetings and flew back to Lebanon last Thursday.

Yesterday Sam was back in London for more meetings and will head back to Lebanon tomorrow.

There are several ways being discussed of coming to a settlement of the loan notes but this will not happen overnight, even with the best intentions and good will from both sides there is plenty to discuss and finalise and even once one deal is verbally agreed, it has to then go to the lawyers to draw up the contracts, which will be examined closely by both sides before any contract would be signed off by both sides and become a legally binding contract.

So hypothetically, even if a deal was struck in principal this evening it would probably take a minimum of six weeks before a contract was signed and that would be at best.

So the positive is, that both sides are communicating and discussing how to take this forward and bring an end that both sides are happy with and for the good of Cardiff City Football Club but for those who may be interested in such matters should remain patient and understand that this could take several months to finally conclude.

I suppose after so many years another couple of months won't be so much of an issue.

My personal point of view on the subject is that I believe a deal will be agreed in principal ahead of the Premier League kick off and then it will be down to the lawyers to draw up the contract.

:ayatollah:

Any news on any transfers carl?? :malky: :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:44 pm

Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:47 pm

Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.


That will still take a while after he has settled with langston though wont it? im sure i read on here before someone say turning debt to equity can take a few months. not sure who it was though :ayatollah: but at least they are in talks and if we keep the pressure on him with the blue it will force him into sorting the debt to try and prove going red was a good deal in my opinon

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:51 pm

Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


I agree with you on that Annis. I think we all do. However, the updates and us in the know is not going to speed up the process. When the club announce it i'll be over the moon. Until then nothing in terms of my mood will change. You know well enough yourself, business is business and positive things can turn bad overnight.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:54 pm

Malky Is My God wrote:
Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


I agree with you on that Annis. I think we all do. However, the updates and us in the know is not going to speed up the process. When the club announce it i'll be over the moon. Until then nothing in terms of my mood will change. You know well enough yourself, business is business and positive things can turn bad overnight.


But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:55 pm

Forever Blue wrote:
Malky Is My God wrote:
Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


I agree with you on that Annis. I think we all do. However, the updates and us in the know is not going to speed up the process. When the club announce it i'll be over the moon. Until then nothing in terms of my mood will change. You know well enough yourself, business is business and positive things can turn bad overnight.


But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.

:thumbup:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 8:56 pm

BluebirdJM wrote:
Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.


That will still take a while after he has settled with langston though wont it? im sure i read on here before someone say turning debt to equity can take a few months. not sure who it was though :ayatollah: but at least they are in talks and if we keep the pressure on him with the blue it will force him into sorting the debt to try and prove going red was a good deal in my opinon


Its looking positive,but until all signed, there is no such thing as a done deal. I want to see our Club finally Debt Free ASAP and OUR IDENTITY RETURNED.
:ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:00 pm

Forever Blue wrote:
Malky Is My God wrote:
Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


I agree with you on that Annis. I think we all do. However, the updates and us in the know is not going to speed up the process. When the club announce it i'll be over the moon. Until then nothing in terms of my mood will change. You know well enough yourself, business is business and positive things can turn bad overnight.


But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.


Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:00 pm

Aramore wrote:
Forever Blue wrote:
Malky Is My God wrote:
Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


I agree with you on that Annis. I think we all do. However, the updates and us in the know is not going to speed up the process. When the club announce it i'll be over the moon. Until then nothing in terms of my mood will change. You know well enough yourself, business is business and positive things can turn bad overnight.


But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.


Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...


Cheers :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:01 pm

bluearmy1962 wrote:
carlccfc wrote:There has been quite a few topics on here lately asking what is the latest with Sam and Tan.

Although there is no breaking news on a potential deal to conclude the loan notes, I can tell you that Sam Hammam flew into London last week to take part in three days of meetings and flew back to Lebanon last Thursday.

Yesterday Sam was back in London for more meetings and will head back to Lebanon tomorrow.

There are several ways being discussed of coming to a settlement of the loan notes but this will not happen overnight, even with the best intentions and good will from both sides there is plenty to discuss and finalise and even once one deal is verbally agreed, it has to then go to the lawyers to draw up the contracts, which will be examined closely by both sides before any contract would be signed off by both sides and become a legally binding contract.

So hypothetically, even if a deal was struck in principal this evening it would probably take a minimum of six weeks before a contract was signed and that would be at best.

So the positive is, that both sides are communicating and discussing how to take this forward and bring an end that both sides are happy with and for the good of Cardiff City Football Club but for those who may be interested in such matters should remain patient and understand that this could take several months to finally conclude.

I suppose after so many years another couple of months won't be so much of an issue.

My personal point of view on the subject is that I believe a deal will be agreed in principal ahead of the Premier League kick off and then it will be down to the lawyers to draw up the contract.

:ayatollah:

Any news on any transfers carl?? :malky: :ayatollah:

A few deals are already wrapped up :thumbup: :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:01 pm

Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


Yes Annis and once this happens I'm sure it will upease a lot of fans and make people happy and respect tan,would be great news for the club

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:07 pm

carlccfc wrote:
bluearmy1962 wrote:
carlccfc wrote:There has been quite a few topics on here lately asking what is the latest with Sam and Tan.

Although there is no breaking news on a potential deal to conclude the loan notes, I can tell you that Sam Hammam flew into London last week to take part in three days of meetings and flew back to Lebanon last Thursday.

Yesterday Sam was back in London for more meetings and will head back to Lebanon tomorrow.

There are several ways being discussed of coming to a settlement of the loan notes but this will not happen overnight, even with the best intentions and good will from both sides there is plenty to discuss and finalise and even once one deal is verbally agreed, it has to then go to the lawyers to draw up the contracts, which will be examined closely by both sides before any contract would be signed off by both sides and become a legally binding contract.

So hypothetically, even if a deal was struck in principal this evening it would probably take a minimum of six weeks before a contract was signed and that would be at best.

So the positive is, that both sides are communicating and discussing how to take this forward and bring an end that both sides are happy with and for the good of Cardiff City Football Club but for those who may be interested in such matters should remain patient and understand that this could take several months to finally conclude.

I suppose after so many years another couple of months won't be so much of an issue.

My personal point of view on the subject is that I believe a deal will be agreed in principal ahead of the Premier League kick off and then it will be down to the lawyers to draw up the contract.

:ayatollah:

Any news on any transfers carl?? :malky: :ayatollah:

A few deals are already wrapped up :thumbup: :ayatollah:
Youngsters or known players? :ayatollah: :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:11 pm

carlccfc wrote:
bluearmy1962 wrote:
carlccfc wrote:There has been quite a few topics on here lately asking what is the latest with Sam and Tan.

Although there is no breaking news on a potential deal to conclude the loan notes, I can tell you that Sam Hammam flew into London last week to take part in three days of meetings and flew back to Lebanon last Thursday.

Yesterday Sam was back in London for more meetings and will head back to Lebanon tomorrow.

There are several ways being discussed of coming to a settlement of the loan notes but this will not happen overnight, even with the best intentions and good will from both sides there is plenty to discuss and finalise and even once one deal is verbally agreed, it has to then go to the lawyers to draw up the contracts, which will be examined closely by both sides before any contract would be signed off by both sides and become a legally binding contract.

So hypothetically, even if a deal was struck in principal this evening it would probably take a minimum of six weeks before a contract was signed and that would be at best.

So the positive is, that both sides are communicating and discussing how to take this forward and bring an end that both sides are happy with and for the good of Cardiff City Football Club but for those who may be interested in such matters should remain patient and understand that this could take several months to finally conclude.

I suppose after so many years another couple of months won't be so much of an issue.

My personal point of view on the subject is that I believe a deal will be agreed in principal ahead of the Premier League kick off and then it will be down to the lawyers to draw up the contract.

:ayatollah:

Any news on any transfers carl?? :malky: :ayatollah:

A few deals are already wrapped up :thumbup: :ayatollah:


Carl, going on this info, was Malky able to maximise his 2 -3 week period after being promoted before the other promoted championship teams were confirmed. In simple terms did his head start work in our favour?

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:12 pm

Forever Blue wrote:
But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.


I agree with that but if Carl's latest updates are 'its positive', 'its positive' and then all of a sudden 'shits gone bad' he's going to get it right in the neck big time Annis. Im not having a go, Carl is a grown arse man and can do what he likes but fans will take the pee if it goes that way. There is unfortunately a bunch who watch Carl's every move to try and abuse him on. If Carl stays silent then the club come out and say something it doesn't look bad on him. If Carl says its going positive and then shit hits the fan, as can happen in a cut throat business world, then the vultures will be out.

Aramore wrote:Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...


Hows the pursuit for an Anfield season ticket coming along Liverpool's fan of the year? :roll:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:28 pm

Malky Is My God wrote:
Forever Blue wrote:
But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.


I agree with that but if Carl's latest updates are 'its positive', 'its positive' and then all of a sudden 'shits gone bad' he's going to get it right in the neck big time Annis. Im not having a go, Carl is a grown arse man and can do what he likes but fans will take the pee if it goes that way. There is unfortunately a bunch who watch Carl's every move to try and abuse him on. If Carl stays silent then the club come out and say something it doesn't look bad on him. If Carl says its going positive and then shit hits the fan, as can happen in a cut throat business world, then the vultures will be out.

Aramore wrote:Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...


Hows the pursuit for an Anfield season ticket coming along Liverpool's fan of the year? :roll:


You should buy a bed.....

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:34 pm

Malky Is My God wrote:
Aramore wrote:Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...


Hows the pursuit for an Anfield season ticket coming along Liverpool's fan of the year? :roll:


Didn't realise you'd got to the point where you have to start parotting Polo to get your bites. At least you used to be original.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:40 pm

Hopefully Sam will make returning the club back to blue and change of club crest as conditions of settling the loan notes just so we can all get back to supporting the club :malky:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 9:42 pm

billy ronson wrote:Hopefully Sam will make returning the club back to blue and change of club crest as conditions of settling the loan notes just so we can all get back to supporting the club :malky:

wishful thinking but that ain't going to happen.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 10:03 pm

Aramore wrote:
Malky Is My God wrote:
Aramore wrote:Annis it's Barnett, he picks the opposite side of what everyone else is saying just to cause arguments...


Hows the pursuit for an Anfield season ticket coming along Liverpool's fan of the year? :roll:


Didn't realise you'd got to the point where you have to start parotting Polo to get your bites. At least you used to be original.


You're the one who came into this thread looking for bites. I was just being honest. If shit goes bad watch all the flak Carl gets from it. Some will never learn.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Thu Jun 06, 2013 11:05 pm

I would like to see this sorted before the season starts but I don't think it will be.

Tan will not pay Hammam.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 6:40 am

Magners wrote:I would like to see this sorted before the season starts but I don't think it will be.

Tan will not pay Hammam.


:lol: :lol: well. He's got to. :thumbup:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 9:50 am

Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:


So do you now believe Tan will do this ?? :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 10:11 am

Forever Blue wrote:But Carl cant win, when he doesnt keep everyone updated some fans on here start criticising Carl for not keeping them updated and snide comments like I wonder why were not being updated etc. Many fans come on here to be updated.


We also have to factor in that VT doesn't do anything in a hurry. I can remember late 2009 when we were on our arse due to Ridsdale's mismanagement and 'the Malaysians' (as they were then known) first showed an interest in us.

We all thought (especially Ridsdale :laughing6: )they would be on board in time for significant investment in the January 2010 transfer market. That significant investment didn't actually arrive until the start of the 2012/13 season!

There is also the PMG factor. I'm I right in saying they will be gone for good in September? Again it has taken 3 years to get rid of them and just for continuity reasons (concerning debt to equity) it would be very prudent for VT to wait until then before settling with Langston.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 10:58 am

Forever Blue wrote:
Malky Is My God wrote:Im really passed caring. I just want football now. All the rebrand stuff is getting nowhere and neither is the debt stuff. Let the circle jerking continue.


I totally disagree, the sooner they settle the debt, the quicker that Tan who has made a promise will turn his debt to equity and finally our club would then be Debt Free.
So therefore our club will be in a better financial position. :ayatollah:




Annis, I couldn't agree more. The sooner they 'settle' the better it is for the club and I have even started to think that it wouldn't be the end of the world if Sam had some sort of 'ambassadorial' role :ayatollah:

After that settlement we will see whhether VT is serious about the debt to equity issue (which I personally believe is both unavoidable and in Tan's best interests if he wants to take the club forward himself and we want to be on the right side of the new Financial Fair Play Rules) and the club can move forward in better shape than even the likes of you and me old-timers ( :lol: ) have ever witnessed :ayatollah:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 11:02 am

Once Sam settles we can really go after Tan without fear of callamity.

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 11:25 am

Real_Blue_Really wrote:Once Sam settles we can really go after Tan without fear of callamity.




I really feel for you sometimes, mate :(

:oops: :oops: :oops: :oops: :oops:
:oops: :oops: :oops: :oops: :oops:

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 11:29 am

Sven Ghali wrote:
Real_Blue_Really wrote:Once Sam settles we can really go after Tan without fear of callamity.




I really feel for you sometimes, mate :(

:oops: :oops: :oops: :oops: :oops:
:oops: :oops: :oops: :oops: :oops:


haha what?

Re: " TAN, HAMMAM, LANGSTON AND THE DEBT "

Fri Jun 07, 2013 1:25 pm

Real_Blue_Really wrote:
Sven Ghali wrote:
Real_Blue_Really wrote:Once Sam settles we can really go after Tan without fear of callamity.




I really feel for you sometimes, mate :(

:oops: :oops: :oops: :oops: :oops:
:oops: :oops: :oops: :oops: :oops:


haha what?




Laughable indeed :lol: :lol:

Why on Earth would we want to 'go after' Tan??

He's not a feckin's Outlaw (as some appear to think) and he has the best interests of Cardiff City FC (albeit for his own reasons) at heart and he is a lot beter than some recent foreign owners that have come to these shores (Tony Fernades, Guydamak and others) and some need to bear that in mind ;) :ayatollah: