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if we did go down,could tan walk.......

Fri Feb 14, 2014 1:31 pm

as in how much has he invested.......did he turn debt to equity...whatever that means... :ayatollah:

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 1:48 pm

Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 1:55 pm

Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.

Before answering on debt to equity could you please know what you are talking about as your post is as far from what it means as can be.

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 1:55 pm

Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.



Think you have got confused a little there.

Debt to equity means any money Tan is owed he will wrote off and instead make more share options and thus own a bigger share of the club, in fact pretty much all the club.

However, as you rightly say. The remaining % of the club is worth far less than what he is owed, so why would he do it? I think he will do a partial debt to equity if he is going to at all. He has already done that with the £5m interest, which is fantasy money to be frank. It never changed hands from or to anyone, so what is seen as a great gesture is of course just Tan getting more of the club for free. The money never truly existed.

If you are to be relegated then I think asset stripping is a viable option. He isnt up to his neck as some suggest and everything he has invested can still be covered by parachute payments, season ticket payments, players sales, sponsorship contracts and even land sale.... Not forgetting of course the sale of his shares.

The result of that of course is that you will have a new owner, be debt free but with a completely bare squad. What the new owner will have in store for you is anyones guess as these foreign owners seem to have got more and more outrageous. Although one may think it cant be much worse.

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 2:09 pm

Roath_Magic_ wrote:
Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.



Think you have got confused a little there.

Debt to equity means any money Tan is owed he will wrote off and instead make more share options and thus own a bigger share of the club, in fact pretty much all the club.

However, as you rightly say. The remaining % of the club is worth far less than what he is owed, so why would he do it? I think he will do a partial debt to equity if he is going to at all. He has already done that with the £5m interest, which is fantasy money to be frank. It never changed hands from or to anyone, so what is seen as a great gesture is of course just Tan getting more of the club for free. The money never truly existed.

If you are to be relegated then I think asset stripping is a viable option. He isnt up to his neck as some suggest and everything he has invested can still be covered by parachute payments, season ticket payments, players sales, sponsorship contracts and even land sale.... Not forgetting of course the sale of his shares.

The result of that of course is that you will have a new owner, be debt free but with a completely bare squad. What the new owner will have in store for you is anyones guess as these foreign owners seem to have got more and more outrageous. Although one may think it cant be much worse.

so either way....it doesnt look to good if relegation calls.... :ayatollah:

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 2:13 pm

Depends really. If you get a decent owner take you over then it may be good.

If you get another nutter, which is likely due to Tan gearing the club toward the Chinese market then you could be back to square one.

Your issue is that Tan has rebranded you to red to appeal to buyers and investors, so once he sells you I highly doubt they will turn you back to blue as the red is what was was brought in to get him the sale in the first place.

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 2:43 pm

CraigCCFC wrote:
Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.

Before answering on debt to equity could you please know what you are talking about as your post is as far from what it means as can be.


Your post does such a great job of explaining it :thumbup:

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 5:48 pm

Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.


DID YOU EVEN ASK YOUR TEACHER?

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 5:53 pm

Willy-Wonka wrote:
CraigCCFC wrote:
Willy-Wonka wrote:Debt to equity I means that the people we owe money to, instead of them getting the money back, they get shares in the club.

What I think will happen is this:

The amount we owe is well over the value of the club isn't it?. So as we pay back the debts to the creditors say we hit some trouble and can't pay, what happens then? They demand their money. So Tan issues equity swaps to cool them down, but no amount of shares in the club can cover the debt, as the club is worth alot less than the 150+ million debt we are in. So the club goes into complete melt down and Tan is forced to exchange all shares and equity to the creditors, leaving the club.

If we go down that is exactly what will happen.

Before answering on debt to equity could you please know what you are talking about as your post is as far from what it means as can be.


Your post does such a great job of explaining it :thumbup:


maybe he isnt that sure himself.............so isnt stupid enough to put things on here as fact that could be wrong.........unlike some people

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 6:05 pm

No I'd break his f*cking legs :lol:

Re: if we did go down,could tan walk.......

Fri Feb 14, 2014 6:08 pm

Bluebird86 wrote:No I'd break his f*cking legs :lol:


lol