" SURELY NO MORE BLAME & HAD ENOUGH TIME "

First of all, if it does not interest you don't bother to read it or comment about it, but I bet I get the same old posters replies
Also its not old news as its at this current moment back in the media with the present Regime saying we might go under.



" SURELY NO MORE BLAME & HAD ENOUGH TIME "

It's been nearly " Six " years since Vincent Tan came in to Cardiff City.

Most new owners have a business plan of around five years.

The possition we are in today on and off the field now layes soley with our present owner Vincent Tan.

All I ever hear from some fans and the present regime is that we are still struggling due to past owners and chairmen.
Any shrewd businessman would have surely six years later or even nearly ten years later have brought our finances under control? But in fact ours have got worse, despite increased Sky Tv money from the Premier League season and increased revenue from increased crowds and should of capatalised on merchandise etc.

Steve Borly left in 2000 with the club languishing in the 4th Div and financially in trouble.

Sam Hammam left in 2006 with the club 5pts clear at the Top Of the Championship, with attendances at least trebled and the clubs profile now world wide,but with the club having a debt of around £24 mill and the the dreaded Tax man at our door, but also leaving the club with assets such as players worth £33mill and out line planning for the current stadium. Those assets outwayed the debt and the new incoming board of directors used those assets to keep the club afloat but regrettable they then added to our debt.

Peter Ridsdale,Paul Guy and Mike Hall used the assets to keep the club afloat and pay high wages for incoming players and due to their mismanagement added to our debt even further. But a new stadium was built and attendances were increased significantly. Though once again leaving us with the dreaded Tax man at our door.

Then TG came in and in my opinion was genuine, meant well and gave his word at the Shareholders meeting our club would keep its pride and identity.

Early in 2010 TG needed financial support and brought in what we were told would Be the Saviour of our football club.
This man had the money to rid our club once and for all of all its debt and had done his homework more than on two occasions and knew every bit of debt the club had and took this on knowing all this.

Tan took a low risk gamble of £6 mill cash injection around the time of the Blackpool play-off final, which his gambled failed.
From that point Tan was chasing his money and spent money unwisely which was a high risk strategy. Tan gambled on the Premier League big time and failed big time.
And at this current stage our club has its highest ever debt in its history, with not enough assets to pay that debt off.
Plus our club has the biggest decrease in attendances in British football in recent times and looking to get worse.
A fan base divided, broken, soulless and our club under a transfer embargo, forced to sell players and still in the high courts for unpaid debts .

So surely after 6 years of running our club even Tans most loyalist supporters will admit that Tan should of got our finances under control and there for regarding the debt to our club he is currently failing, SIX YEARS LATER

Tan came into football with his eyes shut and has only started to open them up but damage is already been done and hes trying to rectify it.

Tan came into football with his eyes shut and has only started to open them up but damage is already been done and hes trying to rectify it.

Six years to open his eyes a costly six years to himself and City

Tan came into football with his eyes shut and has only started to open them up but damage is already been done and hes trying to rectify it.

Six years to open his eyes a costly six years to himself and City

Indeed.

Got to laugh most successful owner ever facts don't lie

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

Doom and gloom

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

At the matches, I love my football and can't wait for MK Dons game this Saturday, just been to Huddersfield and once again had a great day following my club

As to this being brought up again, its ok when the media,the regime,Tans followers all keep blaming the past for the state of our club today. Well its been 6 years now and its about time the current regme accept the blame for our current state.

I wrote this up before todays game.

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

Doom and gloom

The truth hurts Wez.
When I put out the truth,I get these type of answers.

I REST MY CASE

I thought I might of seen you up at Huddersfield, celebrating with us

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

At the matches, I love my football and can't wait for MK Dons game this Saturday, just been to Huddersfield and once again had a great day following my club

As to this being brought up again, its ok when the media,the regime,Tans followers all keep blaming the past for the state of our club today. Well its been 6 years now and its about time the current regime accept the blame for our current state.

I wrote this up before todays game.

Most successful 6 years ever in our history Annis

Most successful 6years that's the funniest thing I've ever read on this forum. City have only ever been successful twice .all of the 1920s and half of the 1950s.

I despise Tan, I no longer have the same emotional attachment to the club as I did pre-Tan era. I only go to games now and again now, just not enjoying it as much as I did and I firmly believe Tan is to blame for that. Take away the identity, it's an uphill battle to get fans fanatical about the club

He took a gamble and paid too much money for the premier league, which we all wanted.

imagine the uproar if he'd come in 6 years ago and sold everything off! There'd be cries of no ambition, asset stripping, a club on the decline.

We all wanted the premier league and he delivered. 2 years of poor management of finances (promotion year and premier league year plus the close season after relegation) and we are in a lot more debt . But the debt is mainly to tan himself and not hmrc or anyone else that could close us down.

now he/ Dalaman and Choo are trying to fix the mistakes and we the supporters should support that, but yet we still have people crying for overpriced and overplayed players to be bought!

like I have said on previous threads, I don't like Tan, but at the moment we need him. It doesn't matter how rich your owner is, the championship has very strict ffp rules so he can't inject more than a certain ammount into the club per year, at the moment that money is paying our losses per year, the club are trying to resolve this.

You watch all the teams that are spending massive in the championship this season. If they don't go up, they will also be under an embargo next season.

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

At the matches, I love my football and can't wait for MK Dons game this Saturday, just been to Huddersfield and once again had a great day following my club

As to this being brought up again, its ok when the media,the regime,Tans followers all keep blaming the past for the state of our club today. Well its been 6 years now and its about time the current regime accept the blame for our current state.

I wrote this up before todays game.

Most successful 6 years ever in our history Annis

We were more successful in the 1920s. 1950 and 1960s where we won the FA Cup and finished 2nd in the old first division.

He took a gamble and paid too much money for the premier league, which we all wanted.

imagine the uproar if he'd come in 6 years ago and sold everything off! There'd be cries of no ambition, asset stripping, a club on the decline.

We all wanted the premier league and he delivered. 2 years of poor management of finances (promotion year and premier league year plus the close season after relegation) and we are in a lot more debt . But the debt is mainly to tan himself and not hmrc or anyone else that could close us down.

now he/ Dalaman and Choo are trying to fix the mistakes and we the supporters should support that, but yet we still have people crying for overpriced and overplayed players to be bought!

like I have said on previous threads, I don't like Tan, but at the moment we need him. It doesn't matter how rich your owner is, the championship has very strict ffp rules so he can't inject more than a certain ammount into the club per year, at the moment that money is paying our losses per year, the club are trying to resolve this.

You watch all the teams that are spending massive in the championship this season. If they don't go up, they will also be under an embargo next season.

Very sensible reply which I agree too. The club should also focus on what it can do to improve atmosphere and get more season tickets

The only thing that will get the fans back in numbers is simple and it has always been the same thing whoever the owner is, and that is winning football matches.
We the fans have our part to play and that is to get behind the team, we are still in with a fair chance of making the play-offs so forget the owner and focus on supporting the team, they can play good football.

Why has this story been brought up again , its been done to death , we had a good result today ..... lets enjoy it and give us a day off from the doom and gloom ..... its bordering on paranoia

At the matches, I love my football and can't wait for MK Dons game this Saturday, just been to Huddersfield and once again had a great day following my club

As to this being brought up again, its ok when the media,the regime,Tans followers all keep blaming the past for the state of our club today. Well its been 6 years now and its about time the current regime accept the blame for our current state.

I wrote this up before todays game.

Most successful 6 years ever in our history Annis

But at what cost. Lets see where we are in two years time.

Well said quakerman with you all the way support the boys and make some noise bloobirds

I often wonder how things would have turned out if we had beaten Blackpool in the 2010 play-off final. We would have got to the Premier League without wasting millions over the next 3 years, which makes up the bedrock of our current debt.

Answers please if you have them :-

Tan took on how much debt ?
What interest rate is set on the repayments ?
Over what time period ?

As far as I know - the Tan owns the club, therefore Tan owns the debt - so he is simply paying himself back from the revenue of the club. The tricky bit is what interest rate and can the club afford to pay it ? or is Tan using the 'TRICK' that Hammam used and that is treating the club as a cash cow in a manner that means we will never pay the debt off - and he will have a continous income.

6 years of mistakes up to now? Maybe its better to judge next coupe years as tan surely is here for two more years!
PS why is malky regarded as most successeful manager but not same reverence to the owner who supplied the funds for success?

Answers please if you have them :-

Tan took on how much debt ?
What interest rate is set on the repayments ?
Over what time period ?

As far as I know - the Tan owns the club, therefore Tan owns the debt - so he is simply paying himself back from the revenue of the club. The tricky bit is what interest rate and can the club afford to pay it ? or is Tan using the 'TRICK' that Hammam used and that is treating the club as a cash cow in a manner that means we will never pay the debt off - and he will have a continous income.

64 million was the debt when he took over ,no interest to date, paid nothing back but he has written off nearly 20 million so no one can say he's making money off us

6 years of mistakes up to now? Maybe its better to judge next coupe years as tan surely is here for two more years!
PS why is malky regarded as most successeful manager but not same reverence to the owner who supplied the funds for success?

Exactly

At least he's trying to pay for his own mistakes unlike Sam who wasted a load of money, paid himself a load of money and then sued us for that money back.

Tan won't get back anywhere near what he's put in making the mistakes at least he's decent enough to not rip us off for self gain in the process.

At least he's trying to pay for his own mistakes unlike Sam who wasted a load of money, paid himself a load of money and then sued us for that money back.

Tan won't get back anywhere near what he's put in making the mistakes at least he's decent enough to not rip us off for self gain in the process.

I agree ,I don't think tan is going anywhere for him to get his money back and make a profit ,it will be a long term thing ,with us self sustaining and back in the premier league

Please if your in any doubt then read Mr Shed post, the only post I have read on hear that knows what we are up against regarding FFP rules, well done good post.

But at least we got our colour back.I bet the Hull fans are now saying if we piss our owner off we'll end up like Cardiff City.


Seems the ones that shouted loudest over the rebrand least like the taste of our medicine.Never mind,when Tan goes we can always ask our lebanese friend to lend us some money again.

But at least we got our colour back.I bet the Hull fans are now saying if we piss our owner off we'll end up like Cardiff City.


Seems the ones that shouted loudest over the rebrand least like the taste of our medicine.Never mind,when Tan goes we can always ask our lebanese friend to lend us some money again.

Lend it, waste it, take it back out and then want all of it back.

How anyone can support Sam I don't know

But at least we got our colour back.I bet the Hull fans are now saying if we piss our owner off we'll end up like Cardiff City.


Seems the ones that shouted loudest over the rebrand least like the taste of our medicine.Never mind,when Tan goes we can always ask our lebanese friend to lend us some money again.

Lend it, waste it, take it back out and then want all of it back.

How anyone can support Sam I don't know

He plays certain people like a fiddle

But at least we got our colour back.I bet the Hull fans are now saying if we piss our owner off we'll end up like Cardiff City.


Seems the ones that shouted loudest over the rebrand least like the taste of our medicine.Never mind,when Tan goes we can always ask our lebanese friend to lend us some money again.

Lend it, waste it, take it back out and then want all of it back.

How anyone can support Sam I don't know

Because he made friends and made people feel important here.

The man is a disgrace plain and simple