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If Tan wiped out our debt completely

Thu Aug 07, 2014 1:06 pm

1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting Cardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 1:09 pm

Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 1:11 pm

wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back


Go on Wez, completely disregard the first point Green Arrow stated just to strengthen your argument

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 1:32 pm

wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Do you even understand how business works? If we owe Tan loans then the club has outstanding liabilities and therefore is not financially self sufficient or in a sustainable position. Tan loaning the club money is not the same as him wiping the debt. All he has done so far is transfer the debt to himself. That is not what I asked. Liverpool loaned under Hicks and Gillett from Barclay's. It nearly sent them to the financial wall. Most Cardiff fans don't want that and whilst there are outstanding liabilities (which you'll see if you check companies house or duedil) we have that risk.

I will be honest, if Tan wiped our debt out and made some cuts to put us in the black I'd probably accept red at home. Him wiping out our debt as opposed to loaning it and being able to call it in under any new owner would prove to me he believes in Cardiff City. Whilst he uses loans there is always a risk he will sell up to someone and then call in what he is owed (unless the debt is paid off on purchase of the club) and leave the club crippled. Sorry Wez but that seems to me that Tan is only willing to put one foot in the swimming pool and have an escape route if he needs one. That isn't my idea of long term commitment.

Some will say due to Tan being owed the money and Tan owning the club there's no risk. These people do not understand how business works. Cardiff City as a Ltd company owe Tan money and he can call that in whenever he likes now (doesn't make sense) or under new owners permitting the debts are not paid off during the sale of the club.

The club is at just as much risk now financially as it was whilst we had other liabilities outstanding or arguably even at more risk. Tan doesn't owe himself the money. Cardiff City owes Tan the money.

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 1:52 pm

Controversially I would accept it for the life of his tenure.

I would expect the next owners to then be petitioned to change us back to blue.

Making us debt free on top of having a modern stadium and possibly Premier League football is a major thing.

I say give him his foible for a few years.

We cannot be that insular to still want a blue shirt over that sort of investment.

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 1:58 pm

Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:00 pm

scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


You said "or"

Does that mean you would return if he left yet we were still red?

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:11 pm

Military Junta wrote:
wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back


Go on Wez, completely disregard the first point Green Arrow stated just to strengthen your argument

Browny have I lied ??? He has wiped all debt out and if any money is owed it is to him but he owns the club out right ,we are in the best financial position for years

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:12 pm

scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


Poor boy,if it wasn't for Tan you wouldn't have a club to walk away from,Red or Blue.

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:14 pm

Green Arrow wrote:
wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Do you even understand how business works? If we owe Tan loans then the club has outstanding liabilities and therefore is not financially self sufficient or in a sustainable position. Tan loaning the club money is not the same as him wiping the debt. All he has done so far is transfer the debt to himself. That is not what I asked. Liverpool loaned under Hicks and Gillett from Barclay's. It nearly sent them to the financial wall. Most Cardiff fans don't want that and whilst there are outstanding liabilities (which you'll see if you check companies house or duedil) we have that risk.

I will be honest, if Tan wiped our debt out and made some cuts to put us in the black I'd probably accept red at home. Him wiping out our debt as opposed to loaning it and being able to call it in under any new owner would prove to me he believes in Cardiff City. Whilst he uses loans there is always a risk he will sell up to someone and then call in what he is owed (unless the debt is paid off on purchase of the club) and leave the club crippled. Sorry Wez but that seems to me that Tan is only willing to put one foot in the swimming pool and have an escape route if he needs one. That isn't my idea of long term commitment.

Some will say due to Tan being owed the money and Tan owning the club there's no risk. These people do not understand how business works. Cardiff City as a Ltd company owe Tan money and he can call that in whenever he likes now (doesn't make sense) or under new owners permitting the debts are not paid off during the sale of the club.

The club is at just as much risk now financially as it was whilst we had other liabilities outstanding or arguably even at more risk. Tan doesn't owe himself the money. Cardiff City owes Tan the money.

Of course I know how business works I've had a few and been self employed for the last 15 years but football is unlike any other business model ,we don't owe money to anyone other than tan who is the outright owner of the club

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:31 pm

Tan does not own the club outright he is the biggest share holder with less than 50per cent of the shares or have I missed the announcement that he was outright owner

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:33 pm

BLUEBIRD57 wrote:
scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


Poor boy,if it wasn't for Tan you wouldn't have a club to walk away from,Red or Blue.

:roll:

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:43 pm

pensionerbluebird wrote:Tan does not own the club outright he is the biggest share holder with less than 50per cent of the shares or have I missed the announcement that he was outright owner

Your wrong sorry he owns over 90% with just Isaacs shares to buy,he bought up everyone s shares during last season loads of topics on here about it ,borleys and even annis s lol

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 2:47 pm

Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting Cardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

No

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 6:43 pm

scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


ur loss

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 6:48 pm

RYANBLUE wrote:
scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


ur loss

Definitely my loss, why would it be anybody else's loss? :lol:

It was also my loss for the last two seasons though, only this time I'm paying £400 less to not get enjoyment out of watching Cardiff play.

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 7:59 pm

I can't accept the rebrand. It's a piece of the clubs and therefore our very own identity and identity is everything, MUCH more important than success on the field. If we accepted this then we truly would be open to accusations that we sold our soul for cash.

I'd rather die as who we are, as Cardiff City The Bluebirds (to quote something Ali used to be allowed to announce) playing in our lovely blue than accept success as a fake manifestation of Tan's imagination .


BLOOOBIRDS :bluescarf:

Re: If Tan wiped out our debt completely

Thu Aug 07, 2014 10:18 pm

murphy wrote:
BLUEBIRD57 wrote:
scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


Poor boy,if it wasn't for Tan you wouldn't have a club to walk away from,Red or Blue.

:roll:


Roll all you want, can't hide from the truth.

Re: If Tan wiped out our debt completely

Fri Aug 08, 2014 1:04 pm

wez1927 wrote:
Green Arrow wrote:
wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Do you even understand how business works? If we owe Tan loans then the club has outstanding liabilities and therefore is not financially self sufficient or in a sustainable position. Tan loaning the club money is not the same as him wiping the debt. All he has done so far is transfer the debt to himself. That is not what I asked. Liverpool loaned under Hicks and Gillett from Barclay's. It nearly sent them to the financial wall. Most Cardiff fans don't want that and whilst there are outstanding liabilities (which you'll see if you check companies house or duedil) we have that risk.

I will be honest, if Tan wiped our debt out and made some cuts to put us in the black I'd probably accept red at home. Him wiping out our debt as opposed to loaning it and being able to call it in under any new owner would prove to me he believes in Cardiff City. Whilst he uses loans there is always a risk he will sell up to someone and then call in what he is owed (unless the debt is paid off on purchase of the club) and leave the club crippled. Sorry Wez but that seems to me that Tan is only willing to put one foot in the swimming pool and have an escape route if he needs one. That isn't my idea of long term commitment.

Some will say due to Tan being owed the money and Tan owning the club there's no risk. These people do not understand how business works. Cardiff City as a Ltd company owe Tan money and he can call that in whenever he likes now (doesn't make sense) or under new owners permitting the debts are not paid off during the sale of the club.

The club is at just as much risk now financially as it was whilst we had other liabilities outstanding or arguably even at more risk. Tan doesn't owe himself the money. Cardiff City owes Tan the money.

Of course I know how business works I've had a few and been self employed for the last 15 years but football is unlike any other business model ,we don't owe money to anyone other than tan who is the outright owner of the club


No, that's not how it works. Remember when Sam walked away and we still owed him money? That's the same position we're in now, however instead of £20-30m, it's £100m+.

Let me state that again, and this is absolute fact. If Tan walks away, he is entitled to claim back his £100m.

The reason for this is that all money that has been transferred from Tan to CCFC since he took over was done so as a loan (NOT a gift; we have to pay it back). Tan can convert that loan to equity, and therefore clear some/all of the debt. However, he has not done that. We still owe him £100m.

Football is exactly like any other business when it comes to finance.

Re: If Tan wiped out our debt completely

Fri Aug 08, 2014 1:09 pm

Back to the original question, yes, I would.

It's selling our soul, and I feel dirty for admitting that I'd accept it.

However, here's the simple logic. If Tan clears debt, the next owner will change us back to blue. Maybe that's in 2 years or 10 years, but it'll happen. We will be blue one day, and we'll do it with a bluebird on our badge.

If Tan turns us back to blue, but doesn't clear debt, the next owner may not be able to clear our debt (ie we'd need to find another billionaire; even someone of Sam's level of wealth would be unable to do so unless he pretty much gave us all of his money).

I know it feels like whoring out your club, but I don't want to happen to us what has happened to Pompey. It's a choice between what we look like and, potentially, whether we survive as a club. I'd take survival.

Re: If Tan wiped out our debt completely

Fri Aug 08, 2014 1:10 pm

Lordsheep wrote:
wez1927 wrote:
Green Arrow wrote:
wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Do you even understand how business works? If we owe Tan loans then the club has outstanding liabilities and therefore is not financially self sufficient or in a sustainable position. Tan loaning the club money is not the same as him wiping the debt. All he has done so far is transfer the debt to himself. That is not what I asked. Liverpool loaned under Hicks and Gillett from Barclay's. It nearly sent them to the financial wall. Most Cardiff fans don't want that and whilst there are outstanding liabilities (which you'll see if you check companies house or duedil) we have that risk.

I will be honest, if Tan wiped our debt out and made some cuts to put us in the black I'd probably accept red at home. Him wiping out our debt as opposed to loaning it and being able to call it in under any new owner would prove to me he believes in Cardiff City. Whilst he uses loans there is always a risk he will sell up to someone and then call in what he is owed (unless the debt is paid off on purchase of the club) and leave the club crippled. Sorry Wez but that seems to me that Tan is only willing to put one foot in the swimming pool and have an escape route if he needs one. That isn't my idea of long term commitment.

Some will say due to Tan being owed the money and Tan owning the club there's no risk. These people do not understand how business works. Cardiff City as a Ltd company owe Tan money and he can call that in whenever he likes now (doesn't make sense) or under new owners permitting the debts are not paid off during the sale of the club.

The club is at just as much risk now financially as it was whilst we had other liabilities outstanding or arguably even at more risk. Tan doesn't owe himself the money. Cardiff City owes Tan the money.

Of course I know how business works I've had a few and been self employed for the last 15 years but football is unlike any other business model ,we don't owe money to anyone other than tan who is the outright owner of the club


No, that's not how it works. Remember when Sam walked away and we still owed him money? That's the same position we're in now, however instead of £20-30m, it's £100m+.

Let me state that again, and this is absolute fact. If Tan walks away, he is entitled to claim back his £100m.

The reason for this is that all money that has been transferred from Tan to CCFC since he took over was done so as a loan (NOT a gift; we have to pay it back). Tan can convert that loan to equity, and therefore clear some/all of the debt. However, he has not done that. We still owe him £100m.

Football is exactly like any other business when it comes to finance.


Spot on :thumbup:

Re: If Tan wiped out our debt completely

Fri Aug 08, 2014 6:19 pm

Lordsheep wrote:
wez1927 wrote:
Green Arrow wrote:
wez1927 wrote:
Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting hCardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

He has wiped off all debt ,he owns the club out right and any monies he puts in he can take back

Do you even understand how business works? If we owe Tan loans then the club has outstanding liabilities and therefore is not financially self sufficient or in a sustainable position. Tan loaning the club money is not the same as him wiping the debt. All he has done so far is transfer the debt to himself. That is not what I asked. Liverpool loaned under Hicks and Gillett from Barclay's. It nearly sent them to the financial wall. Most Cardiff fans don't want that and whilst there are outstanding liabilities (which you'll see if you check companies house or duedil) we have that risk.

I will be honest, if Tan wiped our debt out and made some cuts to put us in the black I'd probably accept red at home. Him wiping out our debt as opposed to loaning it and being able to call it in under any new owner would prove to me he believes in Cardiff City. Whilst he uses loans there is always a risk he will sell up to someone and then call in what he is owed (unless the debt is paid off on purchase of the club) and leave the club crippled. Sorry Wez but that seems to me that Tan is only willing to put one foot in the swimming pool and have an escape route if he needs one. That isn't my idea of long term commitment.

Some will say due to Tan being owed the money and Tan owning the club there's no risk. These people do not understand how business works. Cardiff City as a Ltd company owe Tan money and he can call that in whenever he likes now (doesn't make sense) or under new owners permitting the debts are not paid off during the sale of the club.

The club is at just as much risk now financially as it was whilst we had other liabilities outstanding or arguably even at more risk. Tan doesn't owe himself the money. Cardiff City owes Tan the money.

Of course I know how business works I've had a few and been self employed for the last 15 years but football is unlike any other business model ,we don't owe money to anyone other than tan who is the outright owner of the club


No, that's not how it works. Remember when Sam walked away and we still owed him money? That's the same position we're in now, however instead of £20-30m, it's £100m+.

Let me state that again, and this is absolute fact. If Tan walks away, he is entitled to claim back his £100m.

The reason for this is that all money that has been transferred from Tan to CCFC since he took over was done so as a loan (NOT a gift; we have to pay it back). Tan can convert that loan to equity, and therefore clear some/all of the debt. However, he has not done that. We still owe him £100m.

Football is exactly like any other business when it comes to finance.

100% on the money mate

Re: If Tan wiped out our debt completely

Fri Aug 08, 2014 8:10 pm

I'll never accept the ripping apart of my club and shame on you who would. Ultimate sell outs

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 10:40 am

DandoCCFC wrote:
murphy wrote:
BLUEBIRD57 wrote:
scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


Poor boy,if it wasn't for Tan you wouldn't have a club to walk away from,Red or Blue.

:roll:


Roll all you want, can't hide from the truth.


Provide me some evidence then to prove your 'truth'

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 11:01 am

Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting Cardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?

No! We have to go back to blue.And Tan has to sell up and p/ss off.The re'brand has failed totaly.Only The egotistical fool that is Tan wont see sense.I even agreed with Talk shite radio for the first time last week when they called Tan Vincent Clutz.TAN OUT. :bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 11:15 am

BLUEBIRD57 wrote:
scott_w_ccfc wrote:Not a chance. The sooner he gets out of the club the better, and I'll never return to the CCS until he does or turns us back blue.


Poor boy,if it wasn't for Tan you wouldn't have a club to walk away from,Red or Blue.Bullshit Tan boy.We are in the football league Championship.Swansea Southampton and Crystal Palace are in the Premier league.Difference is that they went into administration to clear their debt.They survived and prospered.We sold our soul but were relegated.Tan has failed.His enemies in Malaysia see that he has failed.They will use this as a stick to beat him with.Tan's day's are numbered.TAN OUT. :bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 2:10 pm

Green Arrow wrote:1. I don't mean loans from himself
2. I don't mean loans from the bank

I mean sold other assets and completely wiped it out putting Cardiff City FC financially in the black and put in a financial plan to get us making money annually.....

Would you accept the rebrand of red at home and blue away from home?


NO!
A football clubs identity is important, it's name, it's colour and it's badge. It's a complete package and it's a big reason why you support a club and stick with them. We've had two thirds of our identity ripped from us.

Your colours are important.

I will never sell my soul.

:bluescarf: :bluescarf: :bluescarf: :bluescarf: :bluescarf:

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 2:31 pm

The problem is theres too many moronic city fans who think one day we'll be a top prem club in a 60,000 stadium and want it playing in any colour. Forget it, it'll never happen! We might get to the prem again and have a few seasons there, we might win the Fa cup and good run in the europa the following season but we'll never be the huge club some of you deluded cunts crave. Forget it!

Re: If Tan wiped out our debt completely

Sat Aug 09, 2014 2:36 pm

murphy wrote:The problem is theres too many moronic city fans who think one day we'll be a top prem club in a 60,000 stadium and want it playing in any colour. Forget it, it'll never happen! We might get to the prem again and have a few seasons there, we might win the Fa cup and good run in the europa the following season but we'll never be the huge club some of you deluded cunts crave. Forget it!

Yeah but that doesn't really answer a question. An emotional rant may seem appealing because it is from the heart but often it does nothing more than defy actual logic.