Cardiff City Forum



A forum for all things Cardiff City

The £100 million is not debt!!..

Wed May 09, 2012 11:23 pm

It is equity!
it's not debt!, for VT to get his money back
he would have to sell his shares at whatever they are worth at the time!

Embrace the change :ayatollah:
Start of an new era! :ayatollah:

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:28 pm

Look i'm willing to let this happen, I want people to stand up and let it be known we aren't happy about it and that we want the best deal possible for our soul, blue away kits, the continuation of that part of our history somewhere. etc.

I just wish people wouldn't be so damn happy about it.

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:29 pm

uneducated nonsense, you can only buy shares up to the value of the club.

He has aquired 70% of the shares now for £32 million which means there is only £15 million left to turn into equity.... which means after the investment he will own 100% of the club and we will owe him £85 million of interest baring debt.

scary.

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:31 pm

CantonMagic wrote:uneducated nonsense, you can only buy shares up to the value of the club.

He has aquired 70% of the shares now for £32 million which means there is only £15 million left to turn into equity.... which means after the investment he will own 100% of the club and we will owe him £85 million of interest baring debt.

scary.


I always had you down as a negative plastic c**t/Jack but you have been proved right here. I salute you on that.

Wish more people were like you on this forum, too many people disrespecting the older generations :old:

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:32 pm

CantonMagic wrote:uneducated nonsense, you can only buy shares up to the value of the club.

He has aquired 70% of the shares now for £32 million which means there is only £15 million left to turn into equity.... which means after the investment he will own 100% of the club and we will owe him £85 million of interest baring debt.

scary.


This was my reading of the situation as well. I'm not an expert by any means but this is what has been worrying me!

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:32 pm

CantonMagic wrote:uneducated nonsense, you can only buy shares up to the value of the club.

He has aquired 70% of the shares now for £32 million which means there is only £15 million left to turn into equity.... which means after the investment he will own 100% of the club and we will owe him £85 million of interest baring debt.

scary.


Board can approve printing of new shares I believe.

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:33 pm

Bluebird since 1948 wrote:
CantonMagic wrote:uneducated nonsense, you can only buy shares up to the value of the club.

He has aquired 70% of the shares now for £32 million which means there is only £15 million left to turn into equity.... which means after the investment he will own 100% of the club and we will owe him £85 million of interest baring debt.

scary.


I always had you down as a negative plastic c**t/Jack but you have been proved right here. I salute you on that.

Wish more people were like you on this forum, too many people disrespecting the older generations :old:


:ayatollah: too many people wanting to sell our souls and trying to justify it.

pathetic.

Re: The £100 million is not debt!!..

Wed May 09, 2012 11:34 pm

BlueBalls 17 wrote:It is equity!
it's not debt!, for VT to get his money back
he would have to sell his shares at whatever they are worth at the time!

Embrace the change :ayatollah:
Start of an new era! :ayatollah:


Why was this money not here in Jan - for the final push,with the club in a great position to go up :?:
After all it was only 4-5 months ago,and we were also in the Carling Cup Final....were we would have had to change to our 2nd kit of Blue as it would have clashed with Liverpool's Red kit ;)