Thu May 31, 2012 6:06 pm
Thu May 31, 2012 6:08 pm
Thu May 31, 2012 6:31 pm
Thu May 31, 2012 6:31 pm
Thu May 31, 2012 6:32 pm
Angry Man wrote:As i said 'there are too many people with vested interest'
Thu May 31, 2012 6:32 pm
Thu May 31, 2012 6:33 pm
Angry Man wrote:Althrough there are too many individuals with vested interests maybe the best way forward long term is to go into administration and wipe the slate clean once and for all.
Thu May 31, 2012 6:34 pm
BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
Thu May 31, 2012 6:35 pm
Thu May 31, 2012 6:37 pm
Angry Man wrote:Althrough there are too many individuals with vested interests maybe the best way forward long term is to go into administration and wipe the slate clean once and for all.
Thu May 31, 2012 6:37 pm
CraigCCFC wrote:Gwyn as ur on this thread, any truth in what ive been told about Langston settlement being shelved?
Thu May 31, 2012 6:39 pm
Angry Man wrote:BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
As Ken bates said when it put his offer in for Leeds. They either accept it or they get nothing at all.
Thu May 31, 2012 6:42 pm
SBF1 wrote:Angry Man wrote:As i said 'there are too many people with vested interest'
So it's not the best way forward then.
Thu May 31, 2012 6:42 pm
SBF1 wrote:Angry Man wrote:As i said 'there are too many people with vested interest'
So it's not the best way forward then.
Thu May 31, 2012 6:45 pm
2blue2handle wrote:Angry Man wrote:BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
As Ken bates said when it put his offer in for Leeds. They either accept it or they get nothing at all.
If I was billionaire (like Tan) and had invested 40m into a Malaysian club then when my plans to invest a further 100m but change the kit an badge was met with racism and talk of burning the welsh flag I'd instantly put them into administration and not accept a settlement and do what I could to liquidate the ungrateful racist barstads.
I hope Tan is more honourable than me though and keeps us going whatever the colour.
Thu May 31, 2012 8:25 pm
englishbluebird wrote:2blue2handle wrote:Angry Man wrote:BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
As Ken bates said when it put his offer in for Leeds. They either accept it or they get nothing at all.
If I was billionaire (like Tan) and had invested 40m into a Malaysian club then when my plans to invest a further 100m but change the kit an badge was met with racism and talk of burning the welsh flag I'd instantly put them into administration and not accept a settlement and do what I could to liquidate the ungrateful racist barstads.
I hope Tan is more honourable than me though and keeps us going whatever the colour.
Tan is an honorable man ,and he must surely know that the racist idiots were firmly in the minority.most were not even city fans but people seeking a reaction via twitter or whatever
Thu May 31, 2012 8:33 pm
Angry Man wrote:englishbluebird wrote:2blue2handle wrote:Angry Man wrote:BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
As Ken bates said when it put his offer in for Leeds. They either accept it or they get nothing at all.
If I was billionaire (like Tan) and had invested 40m into a Malaysian club then when my plans to invest a further 100m but change the kit an badge was met with racism and talk of burning the welsh flag I'd instantly put them into administration and not accept a settlement and do what I could to liquidate the ungrateful racist barstads.
I hope Tan is more honourable than me though and keeps us going whatever the colour.
Tan is an honorable man ,and he must surely know that the racist idiots were firmly in the minority.most were not even city fans but people seeking a reaction via twitter or whatever
Do all honorable men charge 7% interest then..?
Thu May 31, 2012 8:44 pm
Thu May 31, 2012 8:50 pm
Angry Man wrote:Althrough there are too many individuals with vested interests maybe the best way forward long term is to go into administration and wipe the slate clean once and for all.
Thu May 31, 2012 8:50 pm
Angry Man wrote:Althrough there are too many individuals with vested interests maybe the best way forward long term is to go into administration and wipe the slate clean once and for all.
Thu May 31, 2012 8:51 pm
nerd wrote:Love the talk of administration, when liquidation would be a more likely outcome.
Thu May 31, 2012 8:52 pm
Angry Man wrote:nerd wrote:Love the talk of administration, when liquidation would be a more likely outcome.
Opps sorry with an avatar of a Malaysian Flag I better keep my mouth shut
Thu May 31, 2012 9:02 pm
Aramore wrote:Angry Man wrote:englishbluebird wrote:2blue2handle wrote:Angry Man wrote:BigGwynram wrote:But, you can only come out of administration if you can get the majority of share holders to accept a settlement, and can you see either of the two main parties involved accepting ten p in the pound to help Cardiff City carry on with a clean slate, I'm sure that sounds so attractive to the money men involved.
As Ken bates said when it put his offer in for Leeds. They either accept it or they get nothing at all.
If I was billionaire (like Tan) and had invested 40m into a Malaysian club then when my plans to invest a further 100m but change the kit an badge was met with racism and talk of burning the welsh flag I'd instantly put them into administration and not accept a settlement and do what I could to liquidate the ungrateful racist barstads.
I hope Tan is more honourable than me though and keeps us going whatever the colour.
Tan is an honorable man ,and he must surely know that the racist idiots were firmly in the minority.most were not even city fans but people seeking a reaction via twitter or whatever
Do all honorable men charge 7% interest then..?
What is the deal with 7% interest.
I'v posted this about 5 times now and no one ever rebuffs it but people always seem to ignore it
4% interest is what's required for someone to break even on money lent out.
7% would mean a slight profit.
If we were to borrow money from any other source we would not get interest rate offers anywhere near as low as 7% because of Cardiff's piss poor credit history.
Because of the club's perilous situation it makes sense to charge some interest to guarantee at least some money back in c case it does ever go down to the admin route.
Thu May 31, 2012 9:06 pm
Thu May 31, 2012 9:07 pm
2blue2handle wrote:I believe Langston have 7% on the loan as well?
I don't think anyone has a lower loan %age??
Thu May 31, 2012 9:11 pm
Thu May 31, 2012 9:12 pm
Aramore wrote:2blue2handle wrote:I believe Langston have 7% on the loan as well?
I don't think anyone has a lower loan %age??
Apparently honourable means have to give us free money :/