Cardiff City Forum



A forum for all things Cardiff City

If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:22 pm

Then why are fans calling for shit loads of new players? that will only add EVEN MORE debt to the monthly outgoings.

It has been said that the club have reached a figure with Sam of £10m (Instead of the original £24m [so 50% less!]) and now VT/TG are trying to to even get out of that by offering a small lump sum & instalments.....(Which Sam has quite rightly rejected!!) - - WHY? why are we not just paying him/them up and getting shot of him once and for all?

If we don't settle with Sam, then we can't convert the debt to equity. Which in turn means we will still be operating under huge debt. People calling for millions of pounds worth of players on thousands of pounds worth of wages a week, only means we will be borrowing even more money from the malaysians with the 7% interest fee applied too.

Then there's the confusion of us offering £5.5m for Rodriguez? (did we??) and chasing £3m rated Sigurdarson ?

I haven't a clue what's going on down there.......

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:33 pm

Merlin wrote:Then why are fans calling for shit loads of new players? that will only add EVEN MORE debt to the monthly outgoings.

It has been said that the club have reached a figure with Sam of £10m (Instead of the original £24m [so 50% less!]) and now VT/TG are trying to to even get out of that by offering a small lump sum & instalments.....(Which Sam has quite rightly rejected!!) - - WHY? why are we not just paying him/them up and getting shot of him once and for all?

If we don't settle with Sam, then we can't convert the debt to equity. Which in turn means we will still be operating under huge debt. People calling for millions of pounds worth of players on thousands of pounds worth of wages a week, only means we will be borrowing even more money from the malaysians with the 7% interest fee applied too.

Then there's the confusion of us offering £5.5m for Rodriguez? (did we??) and chasing £3m rated Sigurdarson ?

I haven't a clue what's going on down there.......


Well said. If the Malaysians simply keep adding to our debt levels (they've already added an extra £40m odd in their tine here) we are going to be even deeper in the shit. I also think that if the Malaysians don't splash the cash on players there is far more likelihood of a United front from the fans against the rebranding. No new star players = fan backlash imo.I hope that this could force another u turn on home shirt colour... :ayatollah:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:35 pm

More U Turns than the Tories :shock: :shock: .....Something fishy going on somewhere along the lines :old:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:41 pm

I haven't a clue what's going on down there.......[/quote]


Were not suppose to have a clue to what goes on down there Craig, I dont know what they were suppose to be proving on the Rodriguez bid. It would have been interesting if Barnsley and Rodriguez would have accepted, Id bet you my raleigh chopper bike we'd have pulled out of the deal.

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:56 pm

They know exactly what they are doing, but as much as we would all like to know, they are not going to tell anyone about what their plans really are, bad business to do that, you are all going to get a good surprise, although it should not be that a big of a surprise, Cardiff City are going to be alright, just stop bashing them, if they don't deliver then I will be first in the queue, to have a go at them, but I have patience, and I promise I will not come on here and say I told you so

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:57 pm

Merlin wrote:Then why are fans calling for shit loads of new players? that will only add EVEN MORE debt to the monthly outgoings.

It has been said that the club have reached a figure with Sam of £10m (Instead of the original £24m [so 50% less!]) and now VT/TG are trying to to even get out of that by offering a small lump sum & instalments.....(Which Sam has quite rightly rejected!!) - - WHY? why are we not just paying him/them up and getting shot of him once and for all?

If we don't settle with Sam, then we can't convert the debt to equity. Which in turn means we will still be operating under huge debt. People calling for millions of pounds worth of players on thousands of pounds worth of wages a week, only means we will be borrowing even more money from the malaysians with the 7% interest fee applied too.

Then there's the confusion of us offering £5.5m for Rodriguez? (did we??) and chasing £3m rated Sigurdarson ?

I haven't a clue what's going on down there.......


Merlin, you speak sense old son. :thumbup:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 1:58 pm

Igovernor wrote:They know exactly what they are doing, but as much as we would all like to know, they are not going to tell anyone about what their plans really are, bad business to do that, you are all going to get a good surprise, although it should not be that a big of a surprise, Cardiff City are going to be alright, just stop bashing them, if they don't deliver then I will be first in the queue, to have a go at them, but I have patience, and I promise I will not come on here and say I told you so


I don't like surprises, I like a transparent board that is honest and up front with its fans.

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 2:07 pm

Merlin wrote:Then why are fans calling for shit loads of new players? that will only add EVEN MORE debt to the monthly outgoings.

It has been said that the club have reached a figure with Sam of £10m (Instead of the original £24m [so 50% less!]) and now VT/TG are trying to to even get out of that by offering a small lump sum & instalments.....(Which Sam has quite rightly rejected!!) - - WHY? why are we not just paying him/them up and getting shot of him once and for all?

If we don't settle with Sam, then we can't convert the debt to equity. Which in turn means we will still be operating under huge debt. People calling for millions of pounds worth of players on thousands of pounds worth of wages a week, only means we will be borrowing even more money from the malaysians with the 7% interest fee applied too.

Then there's the confusion of us offering £5.5m for Rodriguez? (did we??) and chasing £3m rated Sigurdarson ?

I haven't a clue what's going on down there.......

The fans might be calling for players because we have been told that Malky has been given the biggest buget of any manager so far, but not told how much. cant understand why they dont just pay the 10mil and get it out of the way, lots of people on this forum recon they know little bits of what the club are going to do, i dont think nobody knows what is going to happen except the bosses

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 2:16 pm

Merlin wrote:
Igovernor wrote:They know exactly what they are doing, but as much as we would all like to know, they are not going to tell anyone about what their plans really are, bad business to do that, you are all going to get a good surprise, although it should not be that a big of a surprise, Cardiff City are going to be alright, just stop bashing them, if they don't deliver then I will be first in the queue, to have a go at them, but I have patience, and I promise I will not come on here and say I told you so


I don't like surprises, I like a transparent board that is honest and up front with its fans.


When have Cardiff City ever had that though Craig, I understand where you coming from because I would think most any Cardiff fan would like to hear the news that Langston has been settled, probably before signing any players.

But I also believe with these Malaysians we probably have the most open and transparent owners the club has had in all my 47 years supporting the club. Having said that I don't believe they need to make public details of what I'm sure are complex and detailed negotiations relating to this Langston issue, I just think we need to know both parties are looking to conclude a deal acceptable to all parties. I'm sure we are nearly there and hopefully it's just down to how the payments are made, be it £10m, £24m or £30m these are huge sums of money and it's all to easy when it's not your money to say just pay up.

As regards transfer targets I read an interview with Malkay Mackay where he said he couldn't forgive himself if he hadn't had a go at signing Jay Rodriguez, but deep down he never really expected to get him but he had to give it a go. That seems fair enough to me and as MM has said he has just moved on to his next target with the massively impressive budget he has been given.

I really think we are going to be OK Craig but it's just going to take time, maybe even 2 years before we start seeing the debts reduced on nthe balance sheet. I can wait because I honestly believe these guys are the real deal but if they don't deliver within 2 years, debt reduction I mean, then believe me I will be the poster boy for putting the Blue back into Cardiff.

Hang in there mate the good times are not to far away.


:ayatollah: :ayatollah: :ayatollah: :ayatollah: :ayatollah:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 2:20 pm

All I can say to that Garry - is I hope you're right!

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 3:06 pm

Igovernor wrote:They know exactly what they are doing, but as much as we would all like to know, they are not going to tell anyone about what their plans really are, bad business to do that, you are all going to get a good surprise, although it should not be that a big of a surprise, Cardiff City are going to be alright, just stop bashing them, if they don't deliver then I will be first in the queue, to have a go at them, but I have patience, and I promise I will not come on here and say I told you so


Well is that good news?

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 3:30 pm

Merlin wrote:Then why are fans calling for shit loads of new players? that will only add EVEN MORE debt to the monthly outgoings.

It has been said that the club have reached a figure with Sam of £10m (Instead of the original £24m [so 50% less!]) and now VT/TG are trying to to even get out of that by offering a small lump sum & instalments.....(Which Sam has quite rightly rejected!!) - - WHY? why are we not just paying him/them up and getting shot of him once and for all?

If we don't settle with Sam, then we can't convert the debt to equity. Which in turn means we will still be operating under huge debt. People calling for millions of pounds worth of players on thousands of pounds worth of wages a week, only means we will be borrowing even more money from the malaysians with the 7% interest fee applied too.

Then there's the confusion of us offering £5.5m for Rodriguez? (did we??) and chasing £3m rated Sigurdarson ?

I haven't a clue what's going on down there.......


Now merlin is not a mod im so glad hes opening his eyes prepare yourself for next season merlin, do not trust these liars running our club :lol: :ayatollah:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 4:25 pm

Ive been saying this since day 1 and been slated for it.

We need to cut expenditure not increase it. We are a club in nearly £100m of debt, we have no right to want to continue a push for promotion. We need to STOP NOW and rebuild whule we still can.

There is only one way this will end barring us turning into a champions league club on the back of a £5m transfer kitty - and thats a Rangers like fate.

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 4:28 pm

If Langston don't do a deal we will be over 100m in debt next May

:ayatollah:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 4:33 pm

bspark wrote:If Langston don't do a deal we will be over 100m in debt next May

:ayatollah:

We will be you mean not could :lol:

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 7:13 pm

bluebird1977 wrote:
bspark wrote:If Langston don't do a deal we will be over 100m in debt next May

:ayatollah:

We will be you mean not could :lol:


I fear you could be right.

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 8:27 pm

bspark wrote:If Langston don't do a deal we will be over 100m in debt next May

:ayatollah:


If we are 100m in debt next may langston will get nothing as we will go bust. If it were you would you do a deal that got you 50% or risk getting sweet FA.

Re: If we can't agree to pay Langston/Sam off....

Thu Jun 14, 2012 9:13 pm

The way they are performing with Sam Hamann says it all . He is willing to half what he is owed and they still don't want to pay . They are ruthless, and mean as snakes. They seem to dismiss discussing anything with anyone. They come across as arrogant and treat us with contempt. We shall see. We are like a cat in a bag waiting to drown. I hope I am wrong :(

Re: If we can't agree to pay Langston/Sam off....

Fri Jun 15, 2012 4:41 am

We can all just dream that we'll spend £50 million in transfers over the windows and get promoted next year. It's easier than trying to follow all the real numbers.

Re: If we can't agree to pay Langston/Sam off....

Fri Jun 15, 2012 11:59 am

Given our paper thin squad made the play offs and Carling Cup final last year how come they still loaned us 30 million or 1 million a month losses whatever it is? Was that to cover printing costs for all the red shirts we are going to sell in asia?
:ayatollah: :ayatollah:

Re: If we can't agree to pay Langston/Sam off....

Fri Jun 15, 2012 1:46 pm

My take on this.
Firstly sam and langston deal was a nice sneaky earner from sam, infact borders on corruption and he makes twice on it all . That causes twice the dept for our club.
Lets now say that on paper we owe them 30m. Out of any budget we got we then lose 30m and so less left for players etc. Now we can offer less and the difference can be used as extra for players.
Firstly they have to realise they could end up with close to nothing if they do not except reasonable offer. I suspect if we paid half the amount they will still have made profit.
Heard of money burning a hole in your pocket? Just coz this investment is there lets not flitter it away. Lets get the best deal then can get quality players

Re: If we can't agree to pay Langston/Sam off....

Fri Jun 15, 2012 3:28 pm

They never had any intention of paying Langston Chief. Lets see what transfers we are going to get :roll: