Thu May 10, 2012 7:27 am
Thu May 10, 2012 7:40 am
Thu May 10, 2012 7:43 am
premierblue wrote:This whole rebranding excercise is being sold on the Malaysians investing £100m, but even if they didn't want to carry out the farcical shirt and name changes is this really a good idea? I know that sounds crazy but a large amount of that cash is proposed to go towards new training facilities and a stadium expanasion, neither thing do we need. We may not own our current training ground but the facilities that the club have are first class and I don't think need changing until we are a Premiership side.
The bottom line is that whilst they intend to clear current debts all that is happening in reality is that they are putting the club in even bigger debt but to them. Investing £100m in Man Utd is sustainable but Cardiff City is a long way from being a club that can reasonably pay that sort of debt off. Nothing is guranteed in football, money helps but doesn't work on it's own, what happens when the Malaysians decide that their game plan hasn't worked? They will want to pull out and the club will be left in massive debt!!
Lets not get blinkered by the £ signs!
Thu May 10, 2012 7:44 am
Wagz wrote:If they put 100 million into the club and decide to piss off it doesn't mean we will be in debt to them it means they've wasted/lost 100 million! There's nothing financially to lose in this.
Thu May 10, 2012 7:52 am
CantonMagic wrote:premierblue wrote:This whole rebranding excercise is being sold on the Malaysians investing £100m, but even if they didn't want to carry out the farcical shirt and name changes is this really a good idea? I know that sounds crazy but a large amount of that cash is proposed to go towards new training facilities and a stadium expanasion, neither thing do we need. We may not own our current training ground but the facilities that the club have are first class and I don't think need changing until we are a Premiership side.
The bottom line is that whilst they intend to clear current debts all that is happening in reality is that they are putting the club in even bigger debt but to them. Investing £100m in Man Utd is sustainable but Cardiff City is a long way from being a club that can reasonably pay that sort of debt off. Nothing is guranteed in football, money helps but doesn't work on it's own, what happens when the Malaysians decide that their game plan hasn't worked? They will want to pull out and the club will be left in massive debt!!
Lets not get blinkered by the £ signs!
The money isnt even guaranteed, and we were warned over promises like this which help sweeten the deal that never come to reality. It is a carrot dangled to get the fickle plastics jumping up and down in support, I doubt there is any money - not that it matters as the vast majority of it will be interest baring debt.
It has been said in the meeting that the name Cardiff City isnt guaranteed after next season and neither is the blue colour of the away kit.
If we do a Leicester which is entirely possible and Tan pulls out we will be liquidated. IF we stop it now we may get away with administration.
Thu May 10, 2012 7:59 am
BigGwynram wrote:CantonMagic wrote:premierblue wrote:This whole rebranding excercise is being sold on the Malaysians investing £100m, but even if they didn't want to carry out the farcical shirt and name changes is this really a good idea? I know that sounds crazy but a large amount of that cash is proposed to go towards new training facilities and a stadium expanasion, neither thing do we need. We may not own our current training ground but the facilities that the club have are first class and I don't think need changing until we are a Premiership side.
The bottom line is that whilst they intend to clear current debts all that is happening in reality is that they are putting the club in even bigger debt but to them. Investing £100m in Man Utd is sustainable but Cardiff City is a long way from being a club that can reasonably pay that sort of debt off. Nothing is guranteed in football, money helps but doesn't work on it's own, what happens when the Malaysians decide that their game plan hasn't worked? They will want to pull out and the club will be left in massive debt!!
Lets not get blinkered by the £ signs!
The money isnt even guaranteed, and we were warned over promises like this which help sweeten the deal that never come to reality. It is a carrot dangled to get the fickle plastics jumping up and down in support, I doubt there is any money - not that it matters as the vast majority of it will be interest baring debt.
It has been said in the meeting that the name Cardiff City isnt guaranteed after next season and neither is the blue colour of the away kit.
If we do a Leicester which is entirely possible and Tan pulls out we will be liquidated. IF we stop it now we may get away with administration.
How can Whitele y or Borley guarantee any thing, if the club is owned out-rightly by VT then only VT can give any promises or guarantees, and even then what's to stop him breaking his word. Not much is guaranteed in life other than we all die, but keeping face in the world VT moves in is a big thing so there has to be a measure of trust and hope.
As for the liquidation administration road, if he does provide the 100 mil, it will be equity, that means he owns the club and is totally tied into it, there is no debt.
If you pay cash for your house, it's yours, to make a profit, you need to sell it, he will only be able to sell our club for a profit, if it becomes a going concern, I have no problem with him selling the club for a profit in the future, because who ever buys it for the money we are talking about, will need to keep it going and run it properly to make any return.
Thu May 10, 2012 8:00 am
BigGwynram wrote:CantonMagic wrote:premierblue wrote:This whole rebranding excercise is being sold on the Malaysians investing £100m, but even if they didn't want to carry out the farcical shirt and name changes is this really a good idea? I know that sounds crazy but a large amount of that cash is proposed to go towards new training facilities and a stadium expanasion, neither thing do we need. We may not own our current training ground but the facilities that the club have are first class and I don't think need changing until we are a Premiership side.
The bottom line is that whilst they intend to clear current debts all that is happening in reality is that they are putting the club in even bigger debt but to them. Investing £100m in Man Utd is sustainable but Cardiff City is a long way from being a club that can reasonably pay that sort of debt off. Nothing is guranteed in football, money helps but doesn't work on it's own, what happens when the Malaysians decide that their game plan hasn't worked? They will want to pull out and the club will be left in massive debt!!
Lets not get blinkered by the £ signs!
The money isnt even guaranteed, and we were warned over promises like this which help sweeten the deal that never come to reality. It is a carrot dangled to get the fickle plastics jumping up and down in support, I doubt there is any money - not that it matters as the vast majority of it will be interest baring debt.
It has been said in the meeting that the name Cardiff City isnt guaranteed after next season and neither is the blue colour of the away kit.
If we do a Leicester which is entirely possible and Tan pulls out we will be liquidated. IF we stop it now we may get away with administration.
How can Whitele y or Borley guarantee any thing, if the club is owned out-rightly by VT then only VT can give any promises or guarantees, and even then what's to stop him breaking his word. Not much is guaranteed in life other than we all die, but keeping face in the world VT moves in is a big thing so there has to be a measure of trust and hope.
As for the liquidation administration road, if he does provide the 100 mil, it will be equity, that means he owns the club and is totally tied into it, there is no debt.
If you pay cash for your house, it's yours, to make a profit, you need to sell it, he will only be able to sell our club for a profit, if it becomes a going concern, I have no problem with him selling the club for a profit in the future, because who ever buys it for the money we are talking about, will need to keep it going and run it properly to make any return.
Thu May 10, 2012 8:58 am
CantonMagic wrote:BigGwynram wrote:CantonMagic wrote:premierblue wrote:This whole rebranding excercise is being sold on the Malaysians investing £100m, but even if they didn't want to carry out the farcical shirt and name changes is this really a good idea? I know that sounds crazy but a large amount of that cash is proposed to go towards new training facilities and a stadium expanasion, neither thing do we need. We may not own our current training ground but the facilities that the club have are first class and I don't think need changing until we are a Premiership side.
The bottom line is that whilst they intend to clear current debts all that is happening in reality is that they are putting the club in even bigger debt but to them. Investing £100m in Man Utd is sustainable but Cardiff City is a long way from being a club that can reasonably pay that sort of debt off. Nothing is guranteed in football, money helps but doesn't work on it's own, what happens when the Malaysians decide that their game plan hasn't worked? They will want to pull out and the club will be left in massive debt!!
Lets not get blinkered by the £ signs!
The money isnt even guaranteed, and we were warned over promises like this which help sweeten the deal that never come to reality. It is a carrot dangled to get the fickle plastics jumping up and down in support, I doubt there is any money - not that it matters as the vast majority of it will be interest baring debt.
It has been said in the meeting that the name Cardiff City isnt guaranteed after next season and neither is the blue colour of the away kit.
If we do a Leicester which is entirely possible and Tan pulls out we will be liquidated. IF we stop it now we may get away with administration.
How can Whitele y or Borley guarantee any thing, if the club is owned out-rightly by VT then only VT can give any promises or guarantees, and even then what's to stop him breaking his word. Not much is guaranteed in life other than we all die, but keeping face in the world VT moves in is a big thing so there has to be a measure of trust and hope.
As for the liquidation administration road, if he does provide the 100 mil, it will be equity, that means he owns the club and is totally tied into it, there is no debt.
If you pay cash for your house, it's yours, to make a profit, you need to sell it, he will only be able to sell our club for a profit, if it becomes a going concern, I have no problem with him selling the club for a profit in the future, because who ever buys it for the money we are talking about, will need to keep it going and run it properly to make any return.
Thats the thing being spouted, but use your head.
He has claimed 70% of the shares in ur club now for £32 million, there is only £13 million of shares left. You cant turn everything you give into shares as you can only buy shares to the value they are worth, in this case the total club shares are worth £45 million.
If he invests £100 million then he will own us outright with £13 million of the debt being converted into shares with £87 million being owed as interest baring debt.