Langston=Equity OR Promotion=Langston=Equity ?

Has there been any movement on the Langston pay-off? Is the last deal on offer still £3million now and £7million at the end of the season? This split deal is the lasting niggle on my mind.

If there is already £10million set aside why hold back part of it until the end of the season unless its to see the outcome of the season. Then if it's to see the outcome of the season is there potential for it not to be paid if we do not go up?

If Langston are paid NOW we would expect VT's loans to be turned into equity immediately. Is this what is stopping him? Does he not want to turn his loans into equity UNLESS we go up?

Still blue through and through as there is still a bit of mistrust on my part.

Has there been any movement on the Langston pay-off? Is the last deal on offer still £3million now and £7million at the end of the season? This split deal is the lasting niggle on my mind.

If there is already £10million set aside why hold back part of it until the end of the season unless its to see the outcome of the season. Then if it's to see the outcome of the season is there potential for it not to be paid if we do not go up?

If Langston are paid NOW we would expect VT's loans to be turned into equity immediately. Is this what is stopping him? Does he not want to turn his loans into equity UNLESS we go up?

Still blue through and through as there is still a bit of mistrust on my part.

Wayne, Your not the only one saying this even Carl/Gwyn/Whitley/Myself and many others can not figure it out, pay them off once and for all and then see what really happens.

If Tan was to keep to his side of the deal and pay Langston off, at an excellent price, then I might start believing he will do what he says he will.

I'm no business man but whats the difference in paying Sam in installments or one off payment....it all adds up to £10m so just give it to Sam in one go and be done with it....

Has there been any movement on the Langston pay-off? Is the last deal on offer still £3million now and £7million at the end of the season? This split deal is the lasting niggle on my mind.

If there is already £10million set aside why hold back part of it until the end of the season unless its to see the outcome of the season. Then if it's to see the outcome of the season is there potential for it not to be paid if we do not go up?

If Langston are paid NOW we would expect VT's loans to be turned into equity immediately. Is this what is stopping him? Does he not want to turn his loans into equity UNLESS we go up?

Still blue through and through as there is still a bit of mistrust on my part.

Wayne, Your not the only one saying this even Carl/Gwyn/Whitley/Myself and many others can not figure it out, pay them off once and for all and then see what really happens.

I'd rather pay them off in one aswell. It will be more expensive to pay it off over time with the interest rates, what are they 7%?

Wayne, Your not the only one saying this even Carl/Gwyn/Whitley/Myself and many others can not figure it out, pay them off once and for all and then see what really happens.

The last thing we want come the end of the season is us still in debt to Langston, PMG and added to that owing VT £100million with no equity taken up.

I'm no business man but whats the difference in paying Sam in installments or one off payment....it all adds up to £10m so just give it to Sam in one go and be done with it....

This is my concern. What is the difference and the only thing I can think of is the outcome of the season. If VT pays up now and turns his loans into equity, he could own a Championship club come June 2013. Is this what he wants. Easier to renage on a £7million payment than be into Championship team for £100million.

I'm no business man but whats the difference in paying Sam in installments or one off payment....it all adds up to £10m so just give it to Sam in one go and be done with it....

This is my concern. What is the difference and the only thing I can think of is the outcome of the season. If VT pays up now and turns his loans into equity, he could own a Championship club come June 2013. Is this what he wants. Easier to renage on a £7million payment than be into Championship team for £100million.

You could argue that it is better value for the club not to pay Langston up until May 2013.

If Langston are paid £10m now then VT starts charging 7% interest from today on that £10m until he completes a total takeover which won't happen until PMG are paid off in 18 months time.

If he pays Langston next May then we have saved the best part of 12 months interest charge (£70,000).

I'm no business man but whats the difference in paying Sam in installments or one off payment....it all adds up to £10m so just give it to Sam in one go and be done with it....

This is my concern. What is the difference and the only thing I can think of is the outcome of the season. If VT pays up now and turns his loans into equity, he could own a Championship club come June 2013. Is this what he wants. Easier to renage on a £7million payment than be into Championship team for £100million.

You could argue that it is better value for the club not to pay Langston up until May 2013.

If Langston are paid £10m now then VT starts charging 7% interest from today on that £10m until he completes a total takeover which won't happen until PMG are paid off in 18 months time.

If he pays Langston next May then we have saved the best part of 12 months interest charge (£70,000).

Wrong Tony, as Whitley said it was only Langston standing Tans way.

I'm no accounting expert; but is this scenario possible.

If Cardiff get promoted next season and VT doesnt pay Langston by May.....could Langston turn the debt to equity to recieve some of the premiership riches. Surely that could mess up the plans for the Malaysians where to wouldnt recieve the maximum benefits from the club.

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I'm no accounting expert; but is this scenario possible.

If Cardiff get promoted next season and VT doesnt pay Langston by May.....could Langston turn the debt to equity to recieve some of the premiership riches. Surely that could mess up the plans for the Malaysians where to wouldnt recieve the maximum benefits from the club.

?

I'm no expert but im pretty sure they can't just turn debt into equity. It has to be approved.
Tan however has it in the accounts that he can turn debt into equity at anytime.

I'm no accounting expert; but is this scenario possible.

If Cardiff get promoted next season and VT doesnt pay Langston by May.....could Langston turn the debt to equity to recieve some of the premiership riches. Surely that could mess up the plans for the Malaysians where to wouldnt recieve the maximum benefits from the club.

?

If we get promoted then Langston are owed millions more and thats a fact.

I'm no accounting expert; but is this scenario possible.

If Cardiff get promoted next season and VT doesnt pay Langston by May.....could Langston turn the debt to equity to recieve some of the premiership riches. Surely that could mess up the plans for the Malaysians where to wouldnt recieve the maximum benefits from the club.

?

If we get promoted then Langston are owed millions more and thats a fact.

Which is why in the beginning, I preferred us to clear our debts and build our squad steadily. Not splash the cash like Leicester are doing. We CAN get promotion on the cheap, heck we nearly did last season! But IF the Malaysians stick to their word, invest £100mil, clear the debt bla bla bla, then I'll be happy.

I'm no business man but whats the difference in paying Sam in installments or one off payment....it all adds up to £10m so just give it to Sam in one go and be done with it....

This is my concern. What is the difference and the only thing I can think of is the outcome of the season. If VT pays up now and turns his loans into equity, he could own a Championship club come June 2013. Is this what he wants. Easier to renage on a £7million payment than be into Championship team for £100million.

You could argue that it is better value for the club not to pay Langston up until May 2013.

If Langston are paid £10m now then VT starts charging 7% interest from today on that £10m until he completes a total takeover which won't happen until PMG are paid off in 18 months time.

If he pays Langston next May then we have saved the best part of 12 months interest charge (£70,000).

Wrong Tony, as Whitley said it was only Langston standing Tans way.

I didn't say I was right, I just said 'you could argue' and frankly what I posted would make sense. After all everyone else (including yourself) is claiming they have no idea why Tan isn't paying up now.

Thought this board was about putting views out for debate?

Finally Whiteley is the monkey, not the organ grinder, he has as much idea of Tan's plan's as the rest of us.

I'm no accounting expert; but is this scenario possible.

If Cardiff get promoted next season and VT doesnt pay Langston by May.....could Langston turn the debt to equity to recieve some of the premiership riches. Surely that could mess up the plans for the Malaysians where to wouldnt recieve the maximum benefits from the club.

?

If we get promoted then Langston are owed millions more and thats a fact.

So the £5m promotion bonus is still part of the deal?

If Langston are paid £10m now then VT starts charging 7% interest from today on that £10m until he completes a total takeover which won't happen until PMG are paid off in 18 months time.

See, this is why I asked the question. I have obviously been given the impression that as soon as Langston get paid off then the Malaysian debt will be immediately turned into equity and if it didn't happen like that I would become suspicious.

I think they want Langston to sign a deal accepting £3million now and £7million at the end of the season. Langston could not then benefit from any potential promotion as they signed the deal now. VT is left with a Premiership team and will quite happily turn his loans into equity and own most of the club

However, should Langston sign the deal and promotion is not forthcoming, a failure to pay up the £7million will stop any loan to equity swap and we roll on another year, but in more debt.

It just seems like all deals are made with promotion pending and all deals are off if we stay down.

If Langston are paid £10m now then VT starts charging 7% interest from today on that £10m until he completes a total takeover which won't happen until PMG are paid off in 18 months time.

See, this is why I asked the question. I have obviously been given the impression that as soon as Langston get paid off then the Malaysian debt will be immediately turned into equity and if it didn't happen like that I would become suspicious.

I think they want Langston to sign a deal accepting £3million now and £7million at the end of the season. Langston could not then benefit from any potential promotion as they signed the deal now. VT is left with a Premiership team and will quite happily turn his loans into equity and own most of the club

However, should Langston sign the deal and promotion is not forthcoming, a failure to pay up the £7million will stop any loan to equity swap and we roll on another year, but in more debt.

It just seems like all deals are made with promotion pending and all deals are off if we stay down.

I tell you what that theory is as good as any other which has been posted so far and out of interest I will remember to let you know if it turns out that way.

Myself I think that the debt to equity will not happen until PMG & Ray Ranson have been paid off. PMG have 18 months left on their loan/debt (which is being paid from Premier Seat monies) and once that and RR have been paid (i.e. the club is 'debt free' apart from what is owing to VT) then the debt to equity will happen.

However, my view is only a theory and your theory could easily be the more correct.

However, my view is only a theory and your theory could easily be the more correct.

Let's be honest Tony, the pair of us haven't got a clue.

Im still very unsure about this investment.

Firstly it was put to us as a "Package" but key elements of that aint gone ahead i.e langston settled and debt turned to equity

Another big part of the package fully went ahead changing our colours and badge ..... which was put across to us fans/sold to us in the form that if it happens we will get FINANCIAL SECURITY {atleast thats how i interpreted it!?} in the form of debt to equity............Which seems likes its being put off after being told it ways days away from being sorted as the langstone debt would be settled

So as it stands we got
No security, we just have to trust them
More debts
Red kit
Dragon badge
Many failed transfer bids {2 were main targets}
Not sure if there doing the new training complex?
Not sure about stand expansion in advance?

Hardly sounds like a Package at the moment does it???

As a Fan i was prepared to compromise for the security of the club and solid investment and a push in the right direction and let the Malaysians have a crack at international marking to open up more income streams but without the "Whole package" spoke about when the news came out im left feeling very unsecure about it all

Just my opinion
Tim