Tue Nov 26, 2024 9:37 am
Tue Nov 26, 2024 9:46 am
Tue Nov 26, 2024 9:58 am
Forever Blue wrote:Our Club needs a New Owner ASAP & has done for years.
A proper manager and Cardiff City would be packed and rocking.
A new owner, a manager like Steve Cooper, Mark Robins ,Sean Dyche or Nigel Clough etc etc
Tue Nov 26, 2024 10:04 am
montyblue wrote:Forever Blue wrote:Our Club needs a New Owner ASAP & has done for years.
A proper manager and Cardiff City would be packed and rocking.
A new owner, a manager like Steve Cooper, Mark Robins ,Sean Dyche or Nigel Clough etc etc
How long is tan going to hold on to us ? I thought once this sala affair and court cases are cleared up things would happen,
but it seems he is happy to ignore all offers until it suits him which sadly,
we could be in the doldrums for years,
Its so depressing watching other clubs that we where playing a few years ago moving on while we are dragging along the bottom of the sea with a very large anchor holding us down,
we are like the titanic a once beautiful think now forgotton about and left to rot.
Tue Nov 26, 2024 10:12 am
Forever Blue wrote:montyblue wrote:Forever Blue wrote:Our Club needs a New Owner ASAP & has done for years.
A proper manager and Cardiff City would be packed and rocking.
A new owner, a manager like Steve Cooper, Mark Robins ,Sean Dyche or Nigel Clough etc etc
How long is tan going to hold on to us ? I thought once this sala affair and court cases are cleared up things would happen,
but it seems he is happy to ignore all offers until it suits him which sadly,
we could be in the doldrums for years,
Its so depressing watching other clubs that we where playing a few years ago moving on while we are dragging along the bottom of the sea with a very large anchor holding us down,
we are like the titanic a once beautiful think now forgotton about and left to rot.
As you know Monty,
Tan said we would be Debt Free with in 5 yrs, Now 15 yrs and it’s increased.
Plus Remember they blamed the Langston Court Case and said once finished, well that’s years ago.
The Sala Saga is just an excuse.
Tue Nov 26, 2024 10:36 am
Tue Nov 26, 2024 11:02 am
Tue Nov 26, 2024 11:19 am
Tue Nov 26, 2024 11:25 am
Tue Nov 26, 2024 11:40 am
Tue Nov 26, 2024 11:43 am
Tue Nov 26, 2024 11:54 am
Tue Nov 26, 2024 11:56 am
Tue Nov 26, 2024 12:02 pm
Tue Nov 26, 2024 12:29 pm
Roath_Blue wrote:We are losing money year on year, scrimping on managers and players, along with in a relegation fight for the last three seasons.
As it stands we are nothing more than a (at best) mid table championship team, with dwindling support and a board that don’t know their arse from their elbow.
Tan is a businessman, a successful one, so I can not for the life of me figure out how he comes to a 200m valuation.
Even without the debt we wouldn’t be worth 200m.
Tue Nov 26, 2024 12:41 pm
Forever Blue wrote:In the last few years I know of 3 Different potential buyers who have tried to buy Cardiff City.
Even Chairman Dalman admitted we had offers.
4th potential buyer
A couple of months ago an American Company contacted our hierarchy and after several weeks walked away as they could not negotiate with us.
Apparently our debt for what we they are asking is way over the Valuation.
I know this to be true as the person who introduced them is a big name in Wales / England and a good friend of mine.
They believe £50 mill and taking on our High Debts is Fair.
I have to agree.
Tue Nov 26, 2024 12:46 pm
cityone wrote:Annis, why after 12-14 years of owning our club Tan would be happy just to see us treading water is beyond me. I agree with everthing you have just said about new owners and a top manager, we could be flying. I would also like to see some of these potential new owners go public and call Tan out for what he his.
Tue Nov 26, 2024 1:20 pm
Tue Nov 26, 2024 1:54 pm
Wayne S wrote:Slightly confused......
Does Tan want £200M up front AND leave the debt with the new owners?
Or does Tan want £200M and leave the new owner with NO debt?
If it is the latter then surely it is just a case of how the deal is set out.
If the offer is £50M and take on a debt that will be paid off over 25 years, then you can understand Tan's reticence
Tue Nov 26, 2024 1:57 pm
Paul Keevil wrote:Forever Blue wrote:In the last few years I know of 3 Different potential buyers who have tried to buy Cardiff City.
Even Chairman Dalman admitted we had offers.
4th potential buyer
A couple of months ago an American Company contacted our hierarchy and after several weeks walked away as they could not negotiate with us.
Apparently our debt for what we they are asking is way over the Valuation.
I know this to be true as the person who introduced them is a big name in Wales / England and a good friend of mine.
They believe £50 mill and taking on our High Debts is Fair.
I have to agree.
That offer appears more than fair.
If our debts to VT are £150m, and the new owners are willing to take these on, it means VT will get £150m back irrespective
If we are also offering £50m then VT gets his full £200m
Overpriced but if that is what is being offered.
Tue Nov 26, 2024 2:01 pm
Tue Nov 26, 2024 2:06 pm
That's a club value of 180mill ?Forever Blue wrote:In the last few years I know of 3 Different potential buyers who have tried to buy Cardiff City.
Even Chairman Dalman admitted we had offers.
4th potential buyer
A couple of months ago an American Company contacted our hierarchy and after several weeks walked away as they could not negotiate with us.
Apparently our debt for what we they are asking is way over the Valuation.
I know this to be true as the person who introduced them is a big name in Wales / England and a good friend of mine.
They believe £50 mill and taking on our High Debts is Fair.
I have to agree.
Tue Nov 26, 2024 2:20 pm
Wayne S wrote:Slightly confused......
Does Tan want £200M up front AND leave the debt with the new owners?
Or does Tan want £200M and leave the new owner with NO debt?
If it is the latter then surely it is just a case of how the deal is set out.
If the offer is £50M and take on a debt that will be paid off over 25 years, then you can understand Tan's reticence
Tue Nov 26, 2024 4:53 pm
Tue Nov 26, 2024 4:55 pm
oohahhPaulMillar wrote:I like most other City fans have absolutely no idea what Tan is up too
Owning the club (business) is costing him £12 million a year, most of the fans (customers) hate him, he never comes to watch the team so must get virtually no pleasure out of owning us
He has no plan whatsoever to improve the team or reduce the annual loses…I just don’t get why he still wants to own the club it makes no sense whatsoever!!
Tue Nov 26, 2024 6:27 pm
pembroke allan wrote:oohahhPaulMillar wrote:I like most other City fans have absolutely no idea what Tan is up too
Owning the club (business) is costing him £12 million a year, most of the fans (customers) hate him, he never comes to watch the team so must get virtually no pleasure out of owning us
He has no plan whatsoever to improve the team or reduce the annual loses…I just don’t get why he still wants to own the club it makes no sense whatsoever!!
Of course it doesn't make sense to us fans but it obviously does to him no matter what we think.
Tue Nov 26, 2024 6:31 pm
wez1927 wrote:Personal i want a mega rich owner to come in and have a clean slate , pay the 150-200 million and be debt free starting off .
Tue Nov 26, 2024 6:33 pm
wez1927 wrote:Personal i want a mega rich owner to come in and have a clean slate , pay the 150-200 million and be debt free starting off .
Tue Nov 26, 2024 6:35 pm
davids wrote:wez1927 wrote:Personal i want a mega rich owner to come in and have a clean slate , pay the 150-200 million and be debt free starting off .
Not asking for much then!
Tue Nov 26, 2024 6:40 pm
oohahhPaulMillar wrote:pembroke allan wrote:oohahhPaulMillar wrote:I like most other City fans have absolutely no idea what Tan is up too
Owning the club (business) is costing him £12 million a year, most of the fans (customers) hate him, he never comes to watch the team so must get virtually no pleasure out of owning us
He has no plan whatsoever to improve the team or reduce the annual loses…I just don’t get why he still wants to own the club it makes no sense whatsoever!!
Of course it doesn't make sense to us fans but it obviously does to him no matter what we think.
Very true Allan…he definitely wouldn’t let any of his other businesses be run like we are!!