' Vincent Tan and Hammam '

' Vincent Tan at Cardiff City - More Than a Case of History Repeating Itself '

http://www.huffingtonpost.co.uk/phil-jo ... 02379.html

BY PHIL JONES

Posted: 06/03/2014


There are a rapidly diminishing band of Cardiff City fans still supportive of the seemingly hapless and gaff prone Vincent Tan. Periodically, in the face of detailed critiques of Mr Tan's stewardship of the South Wales club's affairs, we still hear calls for objectivity from this small group of 'believers.' The billionaire knows best etc etc.

But do they have a point?

In my opinion, the best way to gauge Tan's ownership of the club is to compare it with that of Sam Hammam - an owner who, given what we now know about the manner in which he ran City, is rightly vilified by the vast majority of bluebirds supporters. Hammam's reign at Cardiff was notable for excessive spending, overblown ambition and cronyism.

Looking at things in a cold eyed manner, one really has to ask, "what has Tan done differently?"

It's certainly true that they both threw money at the club (loans as it turned out...), achieved some transient success, but ultimately - and here is the important part - ran up enormous debts. In Vincent Tan's case the staggering debts and astronomical administration costs continue to accumulate, this despite previously issuing frequent promises to convert the debt to equity. Oddly, Vincent now seems more reluctant to honour this pledge...

Both Tan and Hammam have also managed to divide the fanbase, although Tan, who actually carried out his ludicrous intention to rebrand the club, has managed to cause a chasm amongst the fans on an altogether different scale to the one that Hammam created.

The Malaysian businessman has also demonstrated a penchant for looking after his mates, the best (and most comical) example saw him hand the role of head of player recruitment to a friend of one of his sons. Not immediately humorous i hear you say but when you add in the bit about said 'friend' being a work placement kid, employed, amongst other things, to paint the stadium, then the story increases significantly in comedy value.

So, there we have it, a smattering of nepotism under Tan, together with even bigger debts and an even more splintered fanbase than we saw under the man generally accepted as Cardiff City's most reckless ever owner. Oh, and of course the bluebirds now also have the ignominy of playing in alien colours with a clip-art red dragon at the heart of their club crest. Let the good times roll...

Amongst the continued calls for objectivity when it comes to appraising Tan's ownership of the club, I would politely suggest that even the most one eyed 'believers' in the Malaysian and his 'vision' for Cardiff City re-evaluate their position and wake up and see what to the rest of us is crystal clear.



Follow Phil Jones on Twitter: http://www.twitter.com/PhilJones33

The thing is my clever friend. If Tan put his loan in to equity now, and the club moved down to premiership, he would lose alot of money. But if he does so when and if we are down, he makes money going up again. So from a Business view he would be pretty stupid to do so now.. But this is more roath magic turf than mine.. Just a cold eye manner..

Twe're confirmedhing is my clever friend. If Tan put his loan in to equity now, and the club moved down to premiership, he would lose alot of money. But if he does so when and if we are down, he makes money going up again. So from a Business view he would be pretty stupid to do so now.. But this is more roath magic turf than mine.. Just a cold eye manner..

So correct me if I'm wrong by your logic the debt will be less if we get relegated?
So Tan will wait till we're relegated and next season the debt will be smaller ???
Or have I got this all wrong???

Surely the amount of debt we are in will be the same?

My own view is Tan has taken us all for mugs and quite honestly we deserve it...

#TanOut

Twe're confirmedhing is my clever friend. If Tan put his loan in to equity now, and the club moved down to premiership, he would lose alot of money. But if he does so when and if we are down, he makes money going up again. So from a Business view he would be pretty stupid to do so now.. But this is more roath magic turf than mine.. Just a cold eye manner..

So correct me if I'm wrong by your logic the debt will be less if we get relegated?
So Tan will wait till we're relegated and next season the debt will be smaller ???
Or have I got this all wrong???

Surely the amount of debt we are in will be the same?

My own view is Tan has taken us all for mugs and quite honestly we deserve it...

#TanOut

I think its more the value of his shares thing..or the value of the club if you like. But correct me if im wrong

I like the one eyed believers comment. Spot on. Waiting for a response from the one eyed believers

Twe're confirmedhing is my clever friend. If Tan put his loan in to equity now, and the club moved down to premiership, he would lose alot of money. But if he does so when and if we are down, he makes money going up again. So from a Business view he would be pretty stupid to do so now.. But this is more roath magic turf than mine.. Just a cold eye manner..

So correct me if I'm wrong by your logic the debt will be less if we get relegated?
So Tan will wait till we're relegated and next season the debt will be smaller ???
Or have I got this all wrong???

Surely the amount of debt we are in will be the same?

My own view is Tan has taken us all for mugs and quite honestly we deserve it...

#TanOut

I think its more the value of his shares thing..or the value of the club if you like. But correct me if im wrong

the value of the rest of the shareholders that tan hadn't bought out ie ,Isaacs and co would defo go down if we went down

I don't post on many stickies as the majority of them are utter biased garbage.

how does DETATCHED phil..who i dont think was the brightest when he was atatched get LATEST NEWS status............some out of touch moron?
Mary down the road wants Tans babies...ffs

Its only fair to compare when Tan's reign is over as we dont know what else he's gonna do yet.

Its only fair to compare when Tan's reign is over as we dont know what else he's gonna do yet.

its a very good point..everyone thought Sam was great,then it turns out he is taking the club to court every 5 mins so he became a c**t ..........Tan could end up leaving us debt free in the top half of prem...........or bare to the bones in lge 1

Great article...Where are All Tan's defenders I want to read some constructive comments if they have any - The man is ruining our club and we don't have a chance of returning our heritage unless he goes - TAN OUT..

PS. Before anyone starts I am more than thankful for his money and yes his investment led to us getting up - but the Manager and the Team were 90% (fans 10%) responsible for that following the investment - all that has happened since is a circus...So I'd say thanks but time to go - TAn you make Ridsdale, Kumars, Sam, Wright etc, look like Saints!

Tans only shit thing he has done is the rebrand..

FAO: Moderators. A few posts deleted from this thread. Why?

FAO: Moderators. A few posts deleted from this thread. Why?

was the deleted posts slagging sam off?

FAO: Moderators. A few posts deleted from this thread. Why?

was the deleted posts slagging sam off?

No, they where about generating hits..