Tan The Liar Pattern

June 12/Sam Hammam has confirmed he would accept £10m from Cardiff City to clear the Langston loan notes, but says: “I want everything agreed by the end of July.”

June 13/ Cardiff City owner Vincent Tan says he is "days away" from an agreement with creditors Langston which would result in the club becoming debt-free.

July 13/ Cardiff City have completed a £15m deal with former owner Sam Hammam to settle the club's historic Langston debt.

March 14/ Cardiff City owner Vincent Tan has stated there will be no debt to equity conversion until a legal dispute with former boss Malky Mackay is resolved, ......



What will happen next?


I will go for us being relegated and Tan saying he will do it when we are a premier league club again....

I'm no Tan worshipped but let's be fair here. He said the Hammam debt would be paid off - and it was. Whether it was later than he said and the details were slightly different, he still paid the debt.

Tan says one thing and does another....

Why do people feel the need to constantly post this crap and search for negative things to write to add to he already 90% of negative posts on here.

Tan says one thing and does another....

Examples?

Another negative post this forum is getting boring 90% of posters just post negative crap just find sum thing to moan at for no reason if we won the prem people would still bloody moan

I'm no Tan worshipped but let's be fair here. He said the Hammam debt would be paid off - and it was. Whether it was later than he said and the details were slightly different, he still paid the debt.

and now we owe the money to Tan rather than Sam, yipee fuckin doo

I'm no Tan worshipped but let's be fair here. He said the Hammam debt would be paid off - and it was. Whether it was later than he said and the details were slightly different, he still paid the debt.

Funny its not all paid off yet, but thats not my prob, our identity is what concerns me

Another negative post this forum is getting boring 90% of posters just post negative crap just find sum thing to moan at for no reason if we won the prem people would still bloody moan

Is there a parrot on here?

Vincent Tan is more than capable of supporting Cardiff City financially,Sam wasn't and we nearly went to the wall.

The only thing that he's lied about is the timescale on the debt to equity swap, which is a pretty big deal. Hopefully he will do it though.

In fairness, he has delivered on the expansion, training ground and transfer budget.

Tan says one thing and does another....

Examples?

We will be Red,We won't be Red... We are now red...
We will be debt free in Weeks......actually we won't until Sams Paid off.....
Actually we won't be until Malky is sorted...



Posters claimed ITK that Tan was moving goal posts...
Some of them were then accused of being Sam loyalists with agendas...

Looks like they're correct though...

The only thing that he's lied about is the timescale on the debt to equity swap, which is a pretty big deal. Hopefully he will do it though.

In fairness, he has delivered on the expansion, training ground and transfer budget.

Spot on..

But the Debt conversion was mooted as part of the "R" word...
Whilst we have seen one of these come to fruition, the other just seems to be a trail of false promises..

The only thing that he's lied about is the timescale on the debt to equity swap, which is a pretty big deal. Hopefully he will do it though.

In fairness, he has delivered on the expansion, training ground and transfer budget.

Not looking to start a big argument on this thread but hes come out and said that money spend on transfers by Malky wasnt authorised - doesnt suggest he was expecting to spend on transfers

Also i may be wrong but i have heard that the expansion is payed by loans against the club

Vincent Tan is more than capable of supporting Cardiff City financially,Sam wasn't and we nearly went to the wall.

Sam Like Riddler at Leeds let his heart make the decisions.
Leeds went to the depths where we have languished for many years before Sam came along..



Sam started the ball rolling...
Riddler secured the stadium...
Tan turned it into a premier league stadium...

Yet all three are despised by different sections of the fan base.

The only thing that he's lied about is the timescale on the debt to equity swap, which is a pretty big deal. Hopefully he will do it though.

In fairness, he has delivered on the expansion, training ground and transfer budget.

Not looking to start a big argument on this thread but hes come out and said that money spend on transfers by Malky wasnt authorised - doesnt suggest he was expecting to spend on transfers

Also i may be wrong but i have heard that the expansion is payed by loans against the club

The overspend was £15m so he gave £35m which is a lot but Malky spent £50m. It would make no sense for Tan to secure the expansion in loans against the club when he is loaning the club money himself and the stadium cant be sold as the council have a covenant on it.

The only thing that he's lied about is the timescale on the debt to equity swap, which is a pretty big deal. Hopefully he will do it though.

In fairness, he has delivered on the expansion, training ground and transfer budget.

Not looking to start a big argument on this thread but hes come out and said that money spend on transfers by Malky wasnt authorised - doesnt suggest he was expecting to spend on transfers

Also i may be wrong but i have heard that the expansion is payed by loans against the club

The overspend was £15m so he gave £35m which is a lot but Malky spent £50m. It would make no sense for Tan to secure the expansion in loans against the club when he is loaning the club money himself and the stadium cant be sold as the council have a covenant on it.

I appreciate what you are saying on the Malky budget - but i think that if malky had kept to £35mil that would still have been to much - but we can never know that i suppose

We are in debt by roughly £120 million and we owe £66 to tan so he has taken loans in the clubs name - i was told it was for the stadium expansion but that may be wrong then