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Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 6:19 pm

Tan`s Exit plan and debt to equity

It`s must be plainly obvious to even the most optimistic city fan that Tan is taking as much money out as he can before clearing off but will he make the club debt free before leaving?

I think if he wavered the debt that is owed to him we could be a club that a new investor could find an attractive proposition.

At the moment we are stagnating and haemorrhaging fans at an alarming rate. I for one hope he goes, closing the door on the worst period in the club`s history.

It`s sad that the club had built up a decent fan base from about 2008 on wards that has now been culled by one man`s ego.

I can`t see us signing anyone for anywhere near the money we have had in, in this transfer window.

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 6:22 pm

It is the worst and best period in the clubs history . All made possible by tan and all destroyed by tan . Hard to judge his reign because he did so much right but also so much wrong

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 6:57 pm

I'm not sure how right I am but I do believe Tan has not actually taken a penny out of the club so far. Post after post claiming he is selling everything to line his pockets but no facts to back it up.

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 7:14 pm

wtf wrote:I'm not sure how right I am but I do believe Tan has not actually taken a penny out of the club so far. Post after post claiming he is selling everything to line his pockets but no facts to back it up.



Put it simply if tan as lined his own pockets as been claimed time and time again this club would be bankrupt end of story! our income from tickets shirts etc are well below outgoings , the club requires parachute payments and player sales to balance books! If tan takes them where is money coming from? And as far as aware he hasn't actually taken a Penny out of club for himself . :thumbup:

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 7:51 pm

grange_end1927 wrote:Tan`s Exit plan and debt to equity

It`s must be plainly obvious to even the most optimistic city fan that Tan is taking as much money out as he can before pissing off but will he make the club debt free before leaving?
I think if he wavered the debt that is owed to him we could be a club that a new investor could find an attractive proposition.
At the moment we are stagnating and haemorrhaging fans at an alarming rate. I for one hope he goes, closing the door on the worst period in the club`s history.
It`s sad that the club had built up a decent fan base from about 2008 on wards that has now been culled by one man`s ego.
I can`t see us signing anyone for anywhere near the money we have had in, in this transfer window.

I bet tan doesn't take a single penny out of Cardiff how can he ? it's a Ltd company and he can't just take the money especially as there are still other shareholders and creditors ,any players sales and parachute payments will be swallowed up by wages and overheads

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 9:38 pm

For me, tans a very vindictive man, it wouldn't surprise me if by selling off these players he's using the money to fund our season so he doesn't have to pay money. And part of me thinks, that before he does sell up he will try to leave us slightly worse off so he can say in his home country when he was owner we had it good, and when he left the club was pretty poor in terms of on field

Re: Tan`s Exit plan and debt to equity

Tue Aug 30, 2016 9:41 pm

bluebird04 wrote:For me, tans a very vindictive man, it wouldn't surprise me if by selling off these players he's using the money to fund our season so he doesn't have to pay money. And part of me thinks, that before he does sell up he will try to leave us slightly worse off so he can say in his home country when he was owner we had it good, and when he left the club was pretty poor in terms of on field



Your right about one thing he is selling players to keep club within ffp everyone knows this? As for other points thats your opinion !!!! :old:

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 1:23 am

So many dull people on this forum it's beggars belief

Vincent tan has not taken one penny out of CCFC

In fact he's writing off millions to make us debt free within what I now believe is 3 seasons, he can only swap so much debt to equity each year under FFP rules and under those rules wages cannot be more than certain percentage of income or we face transfer embargoes and fines like we did last year, our income is vastly lower than our outgoing a hence the need to offload high earners to balance the books even now I bet we have one of the largest wage bills in the league and we are now thread bare squad wise, please actually think before you write idiotic statements on here

Parachute payments have also decreased again this season so that's more money needed to be saved to stay without FFP loss limits

Get real people the gap between premier league income and championship income is so vast it causes all sorts of issues for clubs who get relegated and don't go back up like we did, look at Wolves etc

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 2:18 am

grange_end1927 wrote:Tan`s Exit plan and debt to equity

It`s must be plainly obvious to even the most optimistic city fan that Tan is taking as much money out as he can before clearing off but will he make the club debt free before leaving?

I think if he wavered the debt that is owed to him we could be a club that a new investor could find an attractive proposition.

At the moment we are stagnating and haemorrhaging fans at an alarming rate. I for one hope he goes, closing the door on the worst period in the club`s history.

It`s sad that the club had built up a decent fan base from about 2008 on wards that has now been culled by one man`s ego.

I can`t see us signing anyone for anywhere near the money we have had in, in this transfer window.


You dont seem to reply to your own threads much? You seem to just start a stirring post towards the club or Tan then dissapear?

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 7:19 am

Jasonccfc wrote:
grange_end1927 wrote:Tan`s Exit plan and debt to equity

It`s must be plainly obvious to even the most optimistic city fan that Tan is taking as much money out as he can before clearing off but will he make the club debt free before leaving?

I think if he wavered the debt that is owed to him we could be a club that a new investor could find an attractive proposition.

At the moment we are stagnating and haemorrhaging fans at an alarming rate. I for one hope he goes, closing the door on the worst period in the club`s history.

It`s sad that the club had built up a decent fan base from about 2008 on wards that has now been culled by one man`s ego.

I can`t see us signing anyone for anywhere near the money we have had in, in this transfer window.


You dont seem to reply to your own threads much? You seem to just start a stirring post towards the club or Tan then dissapear?


This is what this guy does.
He usually curses out the club, the players and City fans to stir the shit up and then disappears. Not bright enough to chat about things.

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 8:08 am

Tan is probably the only owner not to milk the club unlike sam who took us for millions

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 9:22 am

smakerzthebluebird wrote:So many dull people on this forum it's beggars belief

Vincent tan has not taken one penny out of CCFC

In fact he's writing off millions to make us debt free within what I now believe is 3 seasons, he can only swap so much debt to equity each year under FFP rules and under those rules wages cannot be more than certain percentage of income or we face transfer embargoes and fines like we did last year, our income is vastly lower than our outgoing a hence the need to offload high earners to balance the books even now I bet we have one of the largest wage bills in the league and we are now thread bare squad wise, please actually think before you write idiotic statements on here

Parachute payments have also decreased again this season so that's more money needed to be saved to stay without FFP loss limits

Get real people the gap between premier league income and championship income is so vast it causes all sorts of issues for clubs who get relegated and don't go back up like we did, look at Wolves etc



agree with most of this except the wage bill. With fabio, marshall, macheda, dikichoi and le fondre now not here our wage bill has been enormusly reduced.

Yes there are still some high earner. i reckon whitts/manga/morrison earn quite a bit, but i would reckon we would be mid table in the wages department.

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 9:23 am

Jasonccfc wrote:
grange_end1927 wrote:Tan`s Exit plan and debt to equity

It`s must be plainly obvious to even the most optimistic city fan that Tan is taking as much money out as he can before clearing off but will he make the club debt free before leaving?

I think if he wavered the debt that is owed to him we could be a club that a new investor could find an attractive proposition.

At the moment we are stagnating and haemorrhaging fans at an alarming rate. I for one hope he goes, closing the door on the worst period in the club`s history.

It`s sad that the club had built up a decent fan base from about 2008 on wards that has now been culled by one man`s ego.

I can`t see us signing anyone for anywhere near the money we have had in, in this transfer window.


You dont seem to reply to your own threads much? You seem to just start a stirring post towards the club or Tan then dissapear?



Mate, whats your problem? what do you want me to answer?

Re: Tan`s Exit plan and debt to equity

Wed Aug 31, 2016 12:34 pm

paulh_85 wrote:
smakerzthebluebird wrote:So many dull people on this forum it's beggars belief

Vincent tan has not taken one penny out of CCFC

In fact he's writing off millions to make us debt free within what I now believe is 3 seasons, he can only swap so much debt to equity each year under FFP rules and under those rules wages cannot be more than certain percentage of income or we face transfer embargoes and fines like we did last year, our income is vastly lower than our outgoing a hence the need to offload high earners to balance the books even now I bet we have one of the largest wage bills in the league and we are now thread bare squad wise, please actually think before you write idiotic statements on here

Parachute payments have also decreased again this season so that's more money needed to be saved to stay without FFP loss limits

Get real people the gap between premier league income and championship income is so vast it causes all sorts of issues for clubs who get relegated and don't go back up like we did, look at Wolves etc



agree with most of this except the wage bill. With fabio, marshall, macheda, dikichoi and le fondre now not here our wage bill has been enormusly reduced.

Yes there are still some high earner. i reckon whitts/manga/morrison earn quite a bit, but i would reckon we would be mid table in the wages department.


Probably correct Paul but I'd still say it's higher than sides who will undoubtedly finish above us this season, those few alone on close to 20-30k a week