Wed Mar 01, 2017 12:31 pm
Wed Mar 01, 2017 12:37 pm
Wed Mar 01, 2017 12:45 pm
Wed Mar 01, 2017 12:46 pm
wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wed Mar 01, 2017 1:18 pm
Wed Mar 01, 2017 1:22 pm
2blue2handle wrote:Impossible to tell as it would depend on the level of debt, although Tan has said he would only leave us in good hands with someone who could progress us. We wouldn't have Langston trying to liquidate us so I would have to say better off. Personally though I really hopes he stays and continues the good work of the last couple of seasons to make us self sufficient.
Wed Mar 01, 2017 1:26 pm
wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wed Mar 01, 2017 1:29 pm
Wed Mar 01, 2017 1:29 pm
Sneggyblubird wrote:wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wez,I think you have misinterpreted the meaning or I haveI've taken the meaning as we'd be far worse off if Tan sold up now.
Wed Mar 01, 2017 1:51 pm
Sneggyblubird wrote:wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wez,I think you have misinterpreted the meaning or I haveI've taken the meaning as we'd be far worse off if Tan sold up now.
Wed Mar 01, 2017 1:52 pm
worcester_ccfc wrote:Sneggyblubird wrote:wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wez,I think you have misinterpreted the meaning or I haveI've taken the meaning as we'd be far worse off if Tan sold up now.
It's in the initial post:
"Would Vincent Tan leave the club in a better condition as to when he arrived?"
Wed Mar 01, 2017 2:09 pm
Sneggyblubird wrote:wez1927 wrote:Who voted in a worse placemaybe you have forgotten we were in court every other week tan paid every debt off even down to the kit woman
Wez,I think you have misinterpreted the meaning or I haveI've taken the meaning as we'd be far worse off if Tan sold up now.
Wed Mar 01, 2017 2:19 pm
Wed Mar 01, 2017 2:37 pm
Wed Mar 01, 2017 2:43 pm
Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
Wed Mar 01, 2017 3:05 pm
pembroke allan wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
So he sells up leaves us with no debt as he's indicated he would do and we would be in a worse place according you?? Mmmm ok.
Wed Mar 01, 2017 3:22 pm
Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
Wed Mar 01, 2017 4:05 pm
Wed Mar 01, 2017 4:22 pm
Wed Mar 01, 2017 4:32 pm
Steve Zodiak wrote:pembroke allan wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
So he sells up leaves us with no debt as he's indicated he would do and we would be in a worse place according you?? Mmmm ok.
I have an open mind about this. my concern is he has said he will leave us with no debts. I am not sure how he will achieve this, but at the present rate taking into account how much our debts have been reduced since he said that, it is going to take a very long time before we are debt free. Not sure how long, but taking into account our running costs and the small amount that has been converted to equity so far, probably not in my lifetime.
Wed Mar 01, 2017 4:42 pm
Steve Zodiak wrote:pembroke allan wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
So he sells up leaves us with no debt as he's indicated he would do and we would be in a worse place according you?? Mmmm ok.
I have an open mind about this. my concern is he has said he will leave us with no debts. I am not sure how he will achieve this, but at the present rate taking into account how much our debts have been reduced since he said that, it is going to take a very long time before we are debt free. Not sure how long, but taking into account our running costs and the small amount that has been converted to equity so far, probably not in my lifetime.
Wed Mar 01, 2017 4:49 pm
Tony Blue Williams wrote:Steve Zodiak wrote:pembroke allan wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
So he sells up leaves us with no debt as he's indicated he would do and we would be in a worse place according you?? Mmmm ok.
I have an open mind about this. my concern is he has said he will leave us with no debts. I am not sure how he will achieve this, but at the present rate taking into account how much our debts have been reduced since he said that, it is going to take a very long time before we are debt free. Not sure how long, but taking into account our running costs and the small amount that has been converted to equity so far, probably not in my lifetime.
I have wondered about this. Obviously if the £64m conversion is pasted by the Malaysian authorities that will make a huge dent. That apart VT has so far converted only £8m (the maximum under FFP) with presumably another £8m due in the next accounts which are published soon which equates to £16m out of £130m.
Also complicating the matter is VT is presumably funding the club to a further £5m (the maximum under FFP) as we are told the club is losing £1m per month or £12m per year. Is this £5m 'new debt' or is it gifted to the club? If it is new debt then the actual mark down is only £3m or £6m since he started the process. If the debt is being reduced by only £3m per year then it will take 43 years to pay off the debt or 22 years if the £64m is pasted by the Malaysian authorities.
Wed Mar 01, 2017 4:53 pm
Steve Zodiak wrote:Tony Blue Williams wrote:Steve Zodiak wrote:pembroke allan wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
So he sells up leaves us with no debt as he's indicated he would do and we would be in a worse place according you?? Mmmm ok.
I have an open mind about this. my concern is he has said he will leave us with no debts. I am not sure how he will achieve this, but at the present rate taking into account how much our debts have been reduced since he said that, it is going to take a very long time before we are debt free. Not sure how long, but taking into account our running costs and the small amount that has been converted to equity so far, probably not in my lifetime.
I have wondered about this. Obviously if the £64m conversion is pasted by the Malaysian authorities that will make a huge dent. That apart VT has so far converted only £8m (the maximum under FFP) with presumably another £8m due in the next accounts which are published soon which equates to £16m out of £130m.
Also complicating the matter is VT is presumably funding the club to a further £5m (the maximum under FFP) as we are told the club is losing £1m per month or £12m per year. Is this £5m 'new debt' or is it gifted to the club? If it is new debt then the actual mark down is only £3m or £6m since he started the process. If the debt is being reduced by only £3m per year then it will take 43 years to pay off the debt or 22 years if the £64m is pasted by the Malaysian authorities.
Combined with the fact that he has had the advantage of parachute payments with I believe only one more remaining, I am curious as to his plans to completely clear the debts by 2020, or I think he said 2020. I can't see how myself, particularly as this club normally runs at a loss each year. Be interesting to see how things pan out, but as you stated, only a small dent has been made so far, and at the present rate it will take many years to become debt free.
Wed Mar 01, 2017 5:53 pm
Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
Wed Mar 01, 2017 5:58 pm
dogfound wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
im proud to be Cardiff now been proud in the past and will be proud forever. no man,beast,colour, nation or misserable moaners will ever change that try as you might, us Cardiff fans are resilient.
Wed Mar 01, 2017 6:24 pm
wez1927 wrote:dogfound wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
im proud to be Cardiff now been proud in the past and will be proud forever. no man,beast,colour, nation or misserable moaners will ever change that try as you might, us Cardiff fans are resilient.
Totally agree
Wed Mar 01, 2017 6:26 pm
Wed Mar 01, 2017 7:07 pm
skiprat wrote:There was no Cardiff city "the bluebirds".to be proud about .it was gone finished rebranded .for 3 sad years.
Wed Mar 01, 2017 7:09 pm
Steve Zodiak wrote:wez1927 wrote:dogfound wrote:Neath Bluebird wrote:For me, i can say without hesitation, we would be in a worse place. Don't believe all you read, he has raped the club and has earned a lot of money from it with cup runs, parachute payments, premier league etc., I will never forgive him for that tuesday night, he has ripped our once proud club apart. The sooner he is gone the better.
im proud to be Cardiff now been proud in the past and will be proud forever. no man,beast,colour, nation or misserable moaners will ever change that try as you might, us Cardiff fans are resilient.
Totally agree
I suppose that's where opinions differ. Nothing wrong there, we all have different opinions. Personally, once we changed to red that was no longer the Cardiff City I recognised, and that is why I still have'nt seen us play in the top division. I compare it along the lines of for example someone putting a Mini shaped body onto a chassis, calling it a Mini when we know it is nothing like a real Mini, it is a BMW with a weird body that bears no resemblance to what the original was all about. I am not one who holds a grudge as Tan on the face of it looks to be trying to put things right. As I said somewhere else, I will judge him at the end of his reign, and when we see what state this business is in when he finally leaves. Things are looking reasonable now, but we all know how quickly things can change in football - Leicester fans can tell us a bit about that, hero to zero in no time.
Wed Mar 01, 2017 7:18 pm