UPDATED ' Vincent Tan not selling ' ?

UPDATED VINCENT TAN SPEAKS

BREAKING NEWS

BBC

Wednesday 1st March 2017

Cardiff City's owner Vincent Tan says he is in no rush to sell the club.

However, the Malaysian businessman says he would listen to offers for the Welsh club which he took over in 2010.

His statement follows a report claiming he was planning to sell his worldwide football interests.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider," he said.


"I have said before that if I leave CCFC, I want to leave it in good hands."


"I have been approached on numerous occasions by parties wanting to buy CCFC but the prices offered have not been right.



This link said Tan was
https://www.bloomberg.com/news/articles ... cer-stakes


Vincent Tan is NOT looking to sell Cardiff City

Tuesday 28th February 2017

Vincent Tan is not looking to sell Cardiff City – despite claims the Bluebirds' Malaysian backer was ready to cash in on the club.


However, while Cardiff did not wish to comment on the claims.

And instead sources close to the Cardiff owner is said he's fully on board to give manager Neil Warnock his backing for a promotion bid next season.

A report emerged in America that Tan was looking to offload his stake in Cardiff, as well as his shares in 'sister clubs' KV Kortrijk in Belgium and FK Sarajevo in Bosnia, as well as his minority holding in new MLS franchise LAFC.

The report stated that Tan was seeking £50m for the club he bought in 2010 and has subsequently put more than £150m into the club. Its debts to Tan in the most recently available accounts stood at more than £100m, though Tan has begun a process of writing off that amount following a pledge to make the club debt-free by 2021.

Vincent Tan is flying into London to watch the Bluebirds

The report also contains a quote from Cardiff chairman Mehmet Dalman saying that the club would “entertain an offer” before adding that the club were not in a rush nor in a need to sell. Dalman has denied the story.

However, while Cardiff did not wish to comment on the claims, it is understood that there is no appetite from Tan to sell and that he has not been actively looking to do so.

Tan's commitment at Cardiff was being questioned by some fans last season with the once high-profile owner now rarely attending games.

But as well as making moves to reduce the club's debt, it is said Tan has been enthused by the recent success under Warnock with a blossoming relationship between the pair seen as key in recent talks that saw the veteran manager sign a new deal.


And it is thought that Tan has given the green-light for a transfer budget that Warnock will hope can provide him with the reinforcements for an attempt to return to the Premier League.

It is not beyond feasibility that Tan would consider selling Cardiff in the future if a suitable offer was made, however it is believed that the 65-year-old has no intention to encourage offers and that the club is not on the market.

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Wish he'd make his mind up only 30 minutes ago he was selling.

Wish he'd make his mind up only 30 minutes ago he was selling.

Vincent Tan is not looking to sell Cardiff City – despite claims the Bluebirds' Malaysian backer was ready to cash in on the club.

And instead sources close to the Cardiff owner is said he's fully on board to give manager Neil Warnock his backing for a promotion bid next season.

A report emerged in America that Tan was looking to offload his stake in Cardiff, as well as his shares in 'sister clubs' KV Kortrijk in Belgium and FK Sarajevo in Bosnia, as well as his minority holding in new MLS franchise LAFC.

The report stated that Tan was seeking £50m for the club he bought in 2010 and has subsequently put more than £150m into the club. Its debts to Tan in the most recently available accounts stood at more than £100m, though Tan has begun a process of writing off that amount following a pledge to make the club debt-free by 2021.

Vincent Tan is flying into London to watch the Bluebirds

The report also contains a quote from Cardiff chairman Mehmet Dalman saying that the club would “entertain an offer” before adding that the club were not in a rush nor in a need to sell. Dalman has denied the story.

I wonder which individuals with links to the club, either current or in the recent past, would want to try and cause harm to it by spreading false rumours in the media?

I wonder which individuals with links to the club, either current or in the recent past, would want to try and cause harm to it by spreading false rumours in the media?

it was probably bloomberg misquoting Dalman when he said "we'd entertain an offer". doesn't mean they're actively looking to sell, he said if an offer was tabled they'd at least think about it.

Hmmmm?
https://www.bloomberg.com/news/articles ... cer-stakes



Embattled Millionaire Plans to Sell Football Teams


by Tariq Panja and Eben Novy-Williams

28 February 2017 CET

Tan said to be shopping Cardiff City, MLS Los Angeles share

Bluebirds fans irked by jersey color change from blue to red


Vincent Tan

Embattled soccer owner Vincent Tan is throwing in the towel. The Malaysian businessman is selling the one-time Premier League team Cardiff City and his stake in Major League Soccer’s Los Angeles FC, as well as professional teams in Bosnia and Belgium, according to people familiar with the offerings.

The most important market news of the day.

Tan, who leads the Malaysian conglomerate Berjaya Group, has grown increasingly unpopular with Cardiff fans since buying the team in 2010. Under his ownership, the team was promoted to the Premier League, then relegated to the second division again, where it’s currently in the middle of the table. Fans also howled at some of Tan’s efforts to raise the team’s global profile, including changing the color of the Bluebirds home jersey to red.

Including the purchase price of the team, Tan has spent more than 180 million pounds ($220 million) on Cardiff, said one of the people, who asked to be anonymous because he was not authorized to discuss the matter publicly. The club lost 8 million pounds on revenue of 38 million pounds in 2015, according to its most-recent financial report.

Tan is said to be looking to sell Cardiff City for around 50 million pounds. In July, China’s Fosun International Ltd. paid about 45 million pounds for Wolverhampton Wanderers, who are currently 11 points behind Cardiff City. Tan would also consider selling his soccer portfolio as a whole, said one of the people.

"We would entertain an offer but we’re in no rush to sell, nor do we need to sell," Mehmet Dalman, a former board member of Commerzbank AG who’s Cardiff chairman, said by phone. LAFC executives declined to comment. FK Sarajevo and KV Kortrijk did not respond to emails seeking comment.

Led by Larry Berg, Brandon Beck and Bennett Rosenthal, the ownership group of the Los Angeles Football Club paid MLS $110 million to put a second club in the nation’s second-biggest media market, part of the league’s overall expansion to 28 clubs. Tan is one of a handful of minority shareholders and isn’t involved in the daily operation of the franchise.

LAFC owners are also paying for the team’s new $350 million stadium in South Los Angeles, which is scheduled to open in time for the club’s 2018 debut.

The average MLS club is worth about $185 million, up 80 percent from 2013, according to annual valuations by Forbes Magazine.

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Those thick carrot crunching-cunts really do hate us - pure and simple jealousy. The bumpkins have posted this non-story on their hilarious forum which I now find is a better read than than planet swans when they are in squirm mode.

http://www.otib.co.uk/index.php?/topic/ ... ad-enough/

So the Wurzels have been beaten yet again tonight and now there's only GD of 4 keeping them out of the bottom 3. I hope they just scrape survival this season so we can beat them twice again as usual next season and still be home from that shithole in time for dinner. Oooooaaaaar.

Those thick carrot crunching-cunts really do hate us - pure and simple jealousy. The bumpkins have posted this non-story on their hilarious forum which I now find is a better read than than planet swans when they are in squirm mode.

http://www.otib.co.uk/index.php?/topic/ ... ad-enough/

So the Wurzels have been beaten yet again tonight and now there's only GD of 4 keeping them out of the bottom 3. I hope they just scrape survival this season so we can beat them twice again as usual next season and still be home from that shithole in time for dinner. Oooooaaaaar.

They certainly don't like us

why post the article saying he is in the thread saying he isnt Dalman has stated that he's not, it was a rumour, let's put this to bed and focus on mounting that promotion push next season.

Complete non story....I think everyone connected to Cardiff City..fans included are fully aware and have been for years that Tan would "entertain " an offer for the club, that's hardly a secret

why post the article saying he is in the thread saying he isnt Dalman has stated that he's not, it was a rumour, let's put this to bed and focus on mounting that promotion push next season.

Better than starting another topic, can't win as when another topic is started,accused last week of two many topics

Also, on FB asked where the other topic is, so,why not let fans read both sides?


Personally and my strong opinion, I stand by and always have said Tan wants out and would sell,we are all allowed to say what we believe are we not?

Complete non story....I think everyone connected to Cardiff City..fans included are fully aware and have been for years that Tan would "entertain " an offer for the club, that's hardly a secret

Spot on

As long as Neil Warnock stays and is backed, thats all I care about at this moment in time

Dalmon says it's a not true so it must be not true Bloomberg so I have heard are pretty spot on. But has it been leaked and it isn't finalised yet ? Hmmmmmmm

No smoke without fire

I am waiting for the " Fans Fav The CHOO CHOO TRAIN " - To explain ALL

Dalmon says it's a not true so it must be not true Bloomberg so I have heard are pretty spot on. But has it been leaked and it isn't finalised yet ? Hmmmmmmm

Daya thinks it's leaked and you know the buyers

Vincent Tan 'has no plans to sell Cardiff City'

By Mark Langshaw, Reporter

Last Updated: Tuesday, February 28, 2017


Cardiff City chairman Mehmet Dalman has rejected claims that Vincent Tan is planning to relinquish his ownership of the club.

Previous reports suggested that the Malaysian was willing to sell his stake in the Championship outfit for £50m, but his business partner has dismissed such talk as "complete nonsense", according to The Mirror.

Tan has courted controversy since purchasing the Welsh side, going through eight managers and briefly changing the team's colours from blue to red.

He also owns a stake in Belgian outfit KV Kortrijk and Major League soccer side Los Angeles FC, but reports suggest that he is also ready to scale back his interests in football overseas.

Cardiff currently lie in 12th place in the Championship having struggled to find form earlier in the campaign

For sale £50m? What about the debt estimated around £100m+?

Dalman tells Media Wales: "The idea of Vincent selling any of his four clubs, including Cardiff City, is absolutely off the table. It's important to put the record straight"


Tuesday 28th February 2017

Cardiff City chairman Mehmet Dalman has reacted angrily to reports Vincent Tan wants to sell Cardiff City.

"That is absolutely off the table at the moment and I want to put the record straight," said the Bluebirds chief.

Dalman emphasised Cardiff were heading in the right direction, having just persuaded Neil Warnock to carry on as manager, and the focus was a positive one as they look to push for the Premier League.

Dalman spoke to WalesOnline after a report in an American publication claimed Tan was seeking to offload his stake in Cardiff, as well as his shares in Belgian club KV Kortrijk, Bosnian outfit FK Sarajevo in Bosnia and his minority holding in new MLS franchise LAFC.


The report, which quotes Dalman, even stated Tan was after £50m for the Bluebirds, having bought the Welsh club in 2010 and subsequently ploughed in more than £150m.


Dalman responded by telling us: "Somebody is being mischievous here. Just as we have got the club into a stable position, this has happened.

"Vincent is fully committed to football and the four clubs he owns, including Cardiff City.

"We are stable here and enjoying our football. Any problems we do have are football ones, not financial or the running of the club, and they are easily resolved.

"Look, everything has a price. But are we going out there trying to sell any of these four clubs? Categorically NO.

"Have people people approached us? Categorically yes.

"However, we have just signed Neil Warnock for at least another season, we've got momentum going and things are looking up. We are NOT looking to sell, I must emphasise that.

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Cardiff City chairman Mehmet Dalman has dismissed claims that owner Vincent Tan has put the Championship club up for sale for £50m.

There are reports circulating in the City that the Malaysian millionaire is prepared to sell if the right offer came along but Dalman has told us Tan remains fully committed to his four football club franchises, including Cardiff.

Cardiff have been progressing up the table since Neil Warnock took charge in October and the experienced manager has signed a new deal which will keep him at the club until the end of next season.

You'd have to be an absolute moron to buy our debtridden club for 50 million - Or a Qatari royal with more money than sense as a personal project not a business.

Tan screwed up. He simply should have replaced Malky with an experienced Premier League survival specialist such as Big Sam or Pullis, consolidated the league position and then brought in a glamour name going forward.

However, he didn't. He signed Ole (who I liked but was well out of his depth) and replaced him with a genuinely shit (but nice guy) manager followed by another.

It is Tan's fault that we got relegated along with Malky's failure in the big league (nice guy, might have have avioded relegation with some luck). It was Tan's fault that we replaced Ole with Slade. He could have got a no spending expereinced manager if he had been willing to admit his lack of experince as a football club owner. I'm sure Tan meant well and wanted us to be a genuine Premier League force but making us red, hiring crap managers, going into such massive debt is all his fault.

Now however, he seems to be showing a great deal of gumption as a businessman and learning to hire and delegate to a football expert in Warnock.

I don't forgive him for the rebrand but if he gets us into the Premier League and makes the club run profitably then he will go a long way to winning me back over. Please don't quote me on this though

It is brilliant to be excited about Cardiff City again and I have to admit that this is because of Tan. Hats off to him. Now lets see if he backs our manager or gets envious of his popularity (hand grenade).

CARDIFF CITY OWNER SET TO MAKE MAJOR DECISION

By Football League

Wednesday 1st March 2017

Cardiff City owner Vincent Tan will put the club up for sale.

Bloomberg sources – who are “people familiar with the offerings” – expect Tan to sell Cardiff City as well as Los Angeles FC and other teams in Bosnia and Herzegovina and Belgium.

Vincent Tan bought Cardiff City in 2010 and his tenure as Cardiff owner has been marred with controversy.

The Malaysian businessman oversaw Cardiff’s promotion to the Premier League but also their relegation and he even changed their traditional blue kit to a red home shirt despite major protests against that switch.

Vincent Tan’s price for Cardiff City is roughly £50m; a figure which has been influenced by Fosun International Ltd.’s £45m takeover of Wolverhampton Wanderers in the summer.

Cardiff currently sit 12th in the Sky Bet Championship table after Neil Warnock has successfully steered the club away from the bottom three.

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There's a good time and a bad time to sell things and now appears to be the wrong time to sell city! After all things looking up for next season plus whoever buys club will need around £150m as mustn't forget the debt as well? Unless of course tan writes off what club owes him! !!

Tan needs to reduce the debt more to get a better price for City.



BREAKING NEWS

BBC

1st March 2017

Cardiff City's owner Vincent Tan says he is in no rush to sell the club.

However, the Malaysian businessman says he would listen to offers for the Welsh club which he took over in 2010.

His statement follows a report claiming he was planning to sell his worldwide football interests.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider," he said.



"I have said before that if I leave CCFC, I want to leave it in good hands."


"I have been approached on numerous occasions by parties wanting to buy CCFC but the prices offered have not been right.

You do not have the required permissions to view the files attached to this post.

BREAKING NEWS

BBC

1st March 2017

Cardiff City's owner Vincent Tan says he is in no rush to sell the club.

However, the Malaysian businessman says he would listen to offers for the Welsh club which he took over in 2010.

His statement follows a report claiming he was planning to sell his worldwide football interests.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider," he said.

Here's what WalesOnline posted Annis

Cardiff City owner Vincent Tan responds to reports he is seeking to sell the club and admits he's turned approaches down

The Bluebirds owner admitted he has had a number of approaches from prospective buyers but the prices offered have not been right

BYJACK VITTLES

1 MAR 2017

Cardiff City owner Vincent Tan has responded for the first time to reports that he is looking to sell the club.

Reports in America earlier this week suggested that Tan was seeking to sell the club for £50m, but Cardiff chairman Mehmet Dalman told Wales Online that the idea of Tan selling any of his clubs was "absolutely off the table."

However, Tan has released a statement today confirming that while he has no intentions of selling the club at the moment, he would consider selling for the right price in the future.

The Malaysian businessman also revealed that he has received a number of approaches by parties wanting to buy Cardiff City.

His statement read: "I refer to the article that was published online by Bloomberg. The article quoted Mehmet Dalman, as saying 'We would entertain an offer but we're in no rush to sell, nor do we need to sell.' What Mehmet said is true."

But Tan then goes on to explain his stance on any potential deal to cash in on the club.

"I have always publicly said that except for my family, all my businesses are for sale at the right price. I do not fall in love with my businesses.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider it.

"I have been approached on numerous occasions by parties wanting to buy CCFC but the prices offered have not been right. CCFC has gone through a rough patch as a result of the actions of previous manager which are now the subject of several legal suits initiated by CCFC.

"However, CCFC is turning around now in the good hands of Neil Warnock, who I think is a great manager, and I believe it stands a good chance of being promoted again to the Premier League next season.

"I am in no rush to sell CCFC, but if I am offered the right price by the right person who I believe will take the club to a higher level, I will certainly consider selling.

"I have said before that if I leave CCFC, I want to leave it in good hands."

Mr Tan also dismissed any ideas that he was looking to sell any of his other clubs - MLS side LAFC, Belgian side KVK and Bosnian side FC Sarajevo.

BREAKING NEWS

BBC

1st March 2017

Cardiff City's owner Vincent Tan says he is in no rush to sell the club.

However, the Malaysian businessman says he would listen to offers for the Welsh club which he took over in 2010.

His statement follows a report claiming he was planning to sell his worldwide football interests.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider," he said.

Here's what WalesOnline posted Annis

Cardiff City owner Vincent Tan responds to reports he is seeking to sell the club and admits he's turned approaches down

The Bluebirds owner admitted he has had a number of approaches from prospective buyers but the prices offered have not been right

BYJACK VITTLES

1 MAR 2017

Cardiff City owner Vincent Tan has responded for the first time to reports that he is looking to sell the club.

Reports in America earlier this week suggested that Tan was seeking to sell the club for £50m, but Cardiff chairman Mehmet Dalman told Wales Online that the idea of Tan selling any of his clubs was "absolutely off the table."

However, Tan has released a statement today confirming that while he has no intentions of selling the club at the moment, he would consider selling for the right price in the future.

The Malaysian businessman also revealed that he has received a number of approaches by parties wanting to buy Cardiff City.

His statement read: "I refer to the article that was published online by Bloomberg. The article quoted Mehmet Dalman, as saying 'We would entertain an offer but we're in no rush to sell, nor do we need to sell.' What Mehmet said is true."

But Tan then goes on to explain his stance on any potential deal to cash in on the club.

"I have always publicly said that except for my family, all my businesses are for sale at the right price. I do not fall in love with my businesses.

"For the record, I have no plans to sell any of the clubs but if I am offered the right price, I will certainly consider it.

"I have been approached on numerous occasions by parties wanting to buy CCFC but the prices offered have not been right. CCFC has gone through a rough patch as a result of the actions of previous manager which are now the subject of several legal suits initiated by CCFC.

"However, CCFC is turning around now in the good hands of Neil Warnock, who I think is a great manager, and I believe it stands a good chance of being promoted again to the Premier League next season.

"I am in no rush to sell CCFC, but if I am offered the right price by the right person who I believe will take the club to a higher level, I will certainly consider selling.

"I have said before that if I leave CCFC, I want to leave it in good hands."

Mr Tan also dismissed any ideas that he was looking to sell any of his other clubs - MLS side LAFC, Belgian side KVK and Bosnian side FC Sarajevo.

This is the bit,Tan has stated for 7 years and has stated again yesterday, I hope thats what happens

Tan "I have said before that if I leave CCFC, I want to leave it in good hands."

I heard a couple of months ago he was in serious talks with someone who will remain nameless. Now something may come of it or it might not but this report on Bloomberg holds credit. Not saying believe or saying it's not a fake story but I would say keep your mind open and remember the club has done nothing but lie to us for the past five years, why should they tell the truth now ?

I do not fall in love with my businesses.

That's reassuring

I do not fall in love with my businesses.

That's reassuring

That what I thought when I read it aswell.