Tue Aug 04, 2020 8:55 pm
Tue Aug 04, 2020 10:46 pm
Tue Aug 04, 2020 10:55 pm
Sven wrote:All very hush hush but the reports state that Vincent Tan turned both down flatly
So it seems he is here for the duration and I for one am not overly concerned by that; two trips to the top table and a couple of Play Off appearances is what I once dreamed of but now see as 'the least' to expect of a season
Happy days and better the devil you know (so to speak)![]()
Wed Aug 05, 2020 12:59 am
Barclay1 wrote:Just interested. Its unusual that a takeover gets no coverage but this has really come out of the blue, and I wonder how much truth is in it?
A Canadian consortium and a 'Foreign' group. Cardiff City, in my opinion, has a good value in terms of potential, which the groups clearly must know, so the offers must clearly have been in the generous bracket.
I do think though that Tan has an honourable set of morals and is looking for long term success. Maybe the groups could only guarantee short term returns?
When Tan does sell, I can see it being pivotal and a turning point in the future of our club.
Wed Aug 05, 2020 10:03 am
Wed Aug 05, 2020 10:06 am
fred keenor wrote:It was stated he did not like the people involved with 1 group.
Wed Aug 05, 2020 10:29 am
Forever Blue wrote:fred keenor wrote:It was stated he did not like the people involved with 1 group.
The offer was accepted but Tan found out who it was and so withdrew.
The offer from America was actually accepted and they withdrew after seeing our books, not the other way around.
I put both out on here at the time.
Wed Aug 05, 2020 10:32 am
Barclay1 wrote:Just interested. Its unusual that a takeover gets no coverage but this has really come out of the blue, and I wonder how much truth is in it?
A Canadian consortium and a 'Foreign' group. Cardiff City, in my opinion, has a good value in terms of potential, which the groups clearly must know, so the offers must clearly have been in the generous bracket.
I do think though that Tan has an honourable set of morals and is looking for long term success. Maybe the groups could only guarantee short term returns?
When Tan does sell, I can see it being pivotal and a turning point in the future of our club.
Wed Aug 05, 2020 1:10 pm
Wed Aug 05, 2020 3:43 pm
Tony Blue Williams wrote:Forever Blue wrote:fred keenor wrote:It was stated he did not like the people involved with 1 group.
The offer was accepted but Tan found out who it was and so withdrew.
The offer from America was actually accepted and they withdrew after seeing our books, not the other way around.
I put both out on here at the time.
If we are losing £2m per month and still have a debt of around £50m owing to Tan and others with an asking price of around the same (at a guess) then it is not surprising that potential owners are not keen on buying us.
Wed Aug 05, 2020 3:52 pm
JJ1927 wrote:Tony Blue Williams wrote:Forever Blue wrote:fred keenor wrote:It was stated he did not like the people involved with 1 group.
The offer was accepted but Tan found out who it was and so withdrew.
The offer from America was actually accepted and they withdrew after seeing our books, not the other way around.
I put both out on here at the time.
If we are losing £2m per month and still have a debt of around £50m owing to Tan and others with an asking price of around the same (at a guess) then it is not surprising that potential owners are not keen on buying us.
Though I have heard this figure before, for the life of me I cant see how we are losing 2 million a month (£24 million a year). According to the clubs accounts the season in the Prem we broke even. And this season just gone we had parachute money alone of £45 million, probably roughly broke even on transfers with the sale of Reid and Zahore. Add in other income such as gate receipts, tv money from championship rights, sponsorship etc and if we are losing £24 million a year that is shocking financial mismanagement.
Wed Aug 05, 2020 4:13 pm
JJ1927 wrote:Though I have heard this figure before, for the life of me I cant see how we are losing 2 million a month (£24 million a year). According to the clubs accounts the season in the Prem we broke even. And this season just gone we had parachute money alone of £45 million, probably roughly broke even on transfers with the sale of Reid and Zahore. Add in other income such as gate receipts, tv money from championship rights, sponsorship etc and if we are losing £24 million a year that is shocking financial mismanagement.
Wed Aug 05, 2020 4:18 pm
wez1927 wrote:I dont think you get championship TV money as well as the parachute money tho ,not sure if the 2 million a month is in current its was said years ago
Wed Aug 05, 2020 4:20 pm
Tony Blue Williams wrote:JJ1927 wrote:Though I have heard this figure before, for the life of me I cant see how we are losing 2 million a month (£24 million a year). According to the clubs accounts the season in the Prem we broke even. And this season just gone we had parachute money alone of £45 million, probably roughly broke even on transfers with the sale of Reid and Zahore. Add in other income such as gate receipts, tv money from championship rights, sponsorship etc and if we are losing £24 million a year that is shocking financial mismanagement.
As stated you don't receive TV money if your club is in receipt of PL parachute payments. Also the club has been in lock down since March and missed out on all game day revenues such as advertising/gate money etc.
The loss of £2m per week is probably a more recent figure since the pandemic hit.
Wed Aug 05, 2020 8:56 pm
Thu Aug 06, 2020 6:05 am
Thu Aug 06, 2020 2:38 pm
fred keenor wrote:Sam Hammam article pulled from WOL yesterday.
Spoke about the blast and at the end of article how he wants his football club back and it will happen!
Thu Aug 06, 2020 10:26 pm
pembroke allan wrote:fred keenor wrote:Sam Hammam article pulled from WOL yesterday.
Spoke about the blast and at the end of article how he wants his football club back and it will happen!
Hope doesn't mean city? Wont want him within million miles of us....
Thu Aug 06, 2020 11:31 pm
Bakedalasker wrote:pembroke allan wrote:fred keenor wrote:Sam Hammam article pulled from WOL yesterday.
Spoke about the blast and at the end of article how he wants his football club back and it will happen!
Hope doesn't mean city? Wont want him within million miles of us....
Well I spoe to him once before we played Bolton away the season after we first got relegated from the Premier. He was in the pub where he was meeting up with Annis, Carl and gang. He was there early and so was I. I managed to have a 10 minute chat with him before the gang turned up. He indicated to me he will always be a "sheep shagger" and he will always be around be it physically or in spirit. He definitely gave me the impression he will wait for his chance.
At the time he was not a fans favourite although that night one of the gang wanted to persuade him to become a fans spokesman. That was never to take off because even his closest friends were not too keen on the idea. I left the pub for the game thinking he has a long way to go to achieve what he wants.