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Sam Hammam

Thu Jun 25, 2015 12:46 pm

Cardiff City moving to strip former chairman Sam Hammam of his prestigious life president position

Thurs 25 June 2015

By Terry Phillips

With issues remaining about the settlement of the historic Langston debt, Hammam could be removed at an EGM scheduled for next month

Cardiff City are moving to strip Sam Hammam of his life president’s position at an extraordinary general meeting scheduled for next month.

Bluebirds chairman Mehmet Dalman has confirmed an EGM is being called for the middle of July when Hammam’s role and that of his representative on the club’s board of directors, Michael Filiou, will be discussed.

Hammam became life president in July 2013 when Cardiff agreed a deal with creditors Langston over a £15m debt.

Filiou joined the board during 2013 after Cardiff and Langston announced an ‘amicable resolution’ to their long standing wrangle.

However, in February this year, Hammam confirmed owner Vincent Tan and Cardiff were being sued over nearly £6m owed to Langston.



Dalman is keen to know the identity of the corporation before paying the £5.75m plus interest, which was initially due on January 30, 2015.

The original debt of £24m was in the form of loan notes issued by the Langston Corporation when Hammam owned Cardiff City.

As part of the deal struck two years ago, Hammam became life president and his representative Filiou took a seat on the board.

The intention to remove Filiou and Hammam’s life president role is seen as another move in the continuing battle between the Lebanese businessman and Malaysian millionaire Tan.

Hammam has been widely seen as Langston’s representative and when the matter between the two parties originally went to the High Court in 2008, Mr Justice Briggs stated that, in effect, ‘Hamman was Langston’.

Three years ago the two parties reached agreement on a £22m settlement, to be paid in the form of a £15m up front sum, followed by £7m in £250,000 quarterly instalments over seven years.

That payment schedule started last year, but more than £6m is still outstanding.

Re: Sam Hammam

Thu Jun 25, 2015 1:07 pm

good :ayatollah: :ayatollah: :bluescarf:

Re: Sam Hammam

Thu Jun 25, 2015 1:32 pm

I'm not sure what's gone on behind the scenes and I have never liked the idea of Hammam being life president (so many more worthy candidates for that position) but a deal was done. Seems a bit strange to renege on that deal?

Re: Sam Hammam

Thu Jun 25, 2015 2:01 pm

I can't help liking Sam Hammam

I know that there is lots not to like but he galvanised the club in my opinion and crossed the no mans land between the board and the fan.

I believe he is Langston (or part of it) and I understand those dark hours when everything nearly went but i still see him with a fond set of eyes.

:happy1:

Re: Sam Hammam

Thu Jun 25, 2015 2:06 pm

eddiep wrote:I can't help liking Sam Hammam

I know that there is lots not to like but he galvanised the club in my opinion and crossed the no mans land between the board and the fan.

I believe he is Langston (or part of it) and I understand those dark hours when everything nearly went but i still see him with a fond set of eyes.

:happy1:


I agree he did get the ball rolling in getting us to climb 2 divisions into the championship. :thumbright:

Re: Sam Hammam

Thu Jun 25, 2015 4:31 pm

God how long is this farce going to go on?????

Tan and Hammam both classless individuals

Re: Sam Hammam

Thu Jun 25, 2015 4:45 pm

Its a marriage, a divorce, getting back together now a messy separation

Re: Sam Hammam

Thu Jun 25, 2015 4:53 pm

I know some on here are mates with him but in my eyes he's no better than Tan. He almost brought us to an end.
He gambled with the club's whole existence.
He did his bit....I wish he'd just go away.

Re: Sam Hammam

Thu Jun 25, 2015 5:40 pm

Good

Re: Sam Hammam

Thu Jun 25, 2015 6:12 pm

To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.

Re: Sam Hammam

Thu Jun 25, 2015 6:26 pm

I don't understand.

Why should problems with Langston affect the position of Sam Hammam?

I thought it had been proven beyond all doubt that Sam and Langston have nothing to do with each other and are not connected in any way.

:laughing6:

Re: Sam Hammam

Thu Jun 25, 2015 6:29 pm

Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???

Re: Sam Hammam

Thu Jun 25, 2015 6:31 pm

wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.

Re: Sam Hammam

Thu Jun 25, 2015 7:04 pm

davids wrote:I don't understand.

Why should problems with Langston affect the position of Sam Hammam?

I thought it had been proven beyond all doubt that Sam and Langston have nothing to do with each other and are not connected in any way.

:laughing6:



Not what judge said previously? According to reports on here! :roll:

Re: Sam Hammam

Thu Jun 25, 2015 7:07 pm

Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.



If unsecured why is tan paying it as not his debt? Or is it because if club hadn't payed Langstons/Sam they would have closed club down to get their money? :o

Re: Sam Hammam

Thu Jun 25, 2015 7:39 pm

pembroke allan wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.



If unsecured why is tan paying it as not his debt? Or is it because if club hadn't payed Langstons/Sam they would have closed club down to get their money? :o


Its because Tan agreed to a deal with Sam or Langston. That is why Tan is or should be paying it.

And if you want to go back to claiming Langston would have closed us down.....well they made it very clear they would not put us into adminstration. Langston wanted the club back hence why people think Sam is Langston.

Re: Sam Hammam

Thu Jun 25, 2015 8:12 pm

Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.


Tan spends his money and doesn't take a wage.
Sam spends ?????? Money and took 850k a year in wages.

Notwithstanding I am and will always be grateful for what Sam started at our club.

Re: Sam Hammam

Thu Jun 25, 2015 8:14 pm

MOST PASSIONATE OWNER EVER.

BRING BACK SAM!!! :ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah:

Re: Sam Hammam

Thu Jun 25, 2015 8:25 pm

maccydee wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.


Tan spends his money and doesn't take a wage.
Sam spends ?????? Money and took 850k a year in wages.

Notwithstanding I am and will always be grateful for what Sam started at our club.


No Tan has loaned the money.

Re: Sam Hammam

Thu Jun 25, 2015 8:29 pm

Great news! I think if anyone should be made life president it should be Dai Hunt. Why arse lick the rich and famous?

Re: Sam Hammam

Thu Jun 25, 2015 8:33 pm

Bakedalasker wrote:
maccydee wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.


Tan spends his money and doesn't take a wage.
Sam spends ?????? Money and took 850k a year in wages.

Notwithstanding I am and will always be grateful for what Sam started at our club.


No Tan has loaned the money.


His money though and has written off a lot of interest. There are others who haven't.

Re: Sam Hammam

Thu Jun 25, 2015 8:35 pm

maccydee wrote:
Bakedalasker wrote:
maccydee wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.


Tan spends his money and doesn't take a wage.
Sam spends ?????? Money and took 850k a year in wages.

Notwithstanding I am and will always be grateful for what Sam started at our club.


No Tan has loaned the money.


His money though and has written off a lot of interest. There are others who haven't.


Well all the more fool him.

Re: Sam Hammam

Thu Jun 25, 2015 9:14 pm

Life should mean life.

Why should he be allowed out!?!
:D

Re: Sam Hammam

Thu Jun 25, 2015 9:35 pm

Its all illegal, cant be done unless Langstone paid off as Vincent Tan signed to this agreement and totally agreed to this.

Re: Sam Hammam

Thu Jun 25, 2015 9:40 pm

pembroke allan wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.



If unsecured why is tan paying it as not his debt? Or is it because if club hadn't payed Langstons/Sam they would have closed club down to get their money? :o



From this post you clearly don't have a grasp of what an unsecured debt means.

Debts due to HMRC for PAYE/NI and v.a.t are unsecured but still have to paid in the same way as other unsecured creditors.

Re: Sam Hammam

Thu Jun 25, 2015 10:09 pm

Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.


Tan could afford it, Sam couldn't.

Re: Sam Hammam

Thu Jun 25, 2015 11:45 pm

ccfcsince62 wrote:
pembroke allan wrote:
Bakedalasker wrote:
wez1927 wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.
tans debt is to himself ,Sam's is to who knows ???


Tans debt is secured Sams was unsecured.



If unsecured why is tan paying it as not his debt? Or is it because if club hadn't payed Langstons/Sam they would have closed club down to get their money? :o



From this post you clearly don't have a grasp of what an unsecured debt means.

Debts due to HMRC for PAYE/NI and v.a.t are unsecured but still have to paid in the same way as other unsecured creditors.



NO BECAUSE I AM NOT AN ACCOUNTANT HENCE WHY I ASKED QUESTION! :old:

Re: Sam Hammam

Fri Jun 26, 2015 5:56 am

2blue2handle wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.


Tan could afford it, Sam couldn't.


What difference does that make Luke. Officially the club still owe £100m.

Re: Sam Hammam

Fri Jun 26, 2015 6:56 am

Bakedalasker wrote:
2blue2handle wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.


Tan could afford it, Sam couldn't.


What difference does that make Luke. Officially the club still owe £100m.


Ian, of course that makes a huge difference.

If you owe 10000 pounds to someone but you only have 2000 pounds then you are screwed but if you have 10000 pounds you can pay it back.

Re: Sam Hammam

Fri Jun 26, 2015 7:44 am

maccydee wrote:
Bakedalasker wrote:
2blue2handle wrote:
Bakedalasker wrote:To me I see no difference between Tan and Sam except that one does things a lot bigger than the other.

Sam debt was £30m while Tan is over £100m.


Tan could afford it, Sam couldn't.


What difference does that make Luke. Officially the club still owe £100m.


Ian, of course that makes a huge difference.

If you owe 10000 pounds to someone but you only have 2000 pounds then you are screwed but if you have 10000 pounds you can pay it back.


And what if Tan leaves just like Sam did then Neil?