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VINCENT TAN TRUTHFUL ? : Like many I was pl

Wed Jun 05, 2024 10:12 am

VINCENT TAN TRUTHFUL ? :


Like many I was pleased with the renewal of Bulut’s contract. Not ideal but a good choice for now . Tan has come out and clearly “PLEDGED FULL SUPPORT “ !!….. to Bulut.


But …..IS TAN TRUTHFUL and Sincere ??? Only time will tell .


On paper Tan made the perfect ideal statement ….and based on it …..I started believing and expecting a top six finish as a minimum ….if not automatic promotion ….at a stretch . If indeed fully backed ….we can definately succeed …..
but the big question is IF .


Full support precisely and practically means :


(1) Releasing enough funds to “BUY” few quality players at reasonable prices.



(2) Giving Bulut a big enough “BUDGET” in wages ….in order to attract such players as well as the best on free transfers or loans.




(3) Truly trusting and supporting Bulut to get the right players and not ‘INTERFERE’ or BUTT into the assembling of the team and significantly to stop interfering in team selection and tactics . Tan genuinely believes he knows a lot about football and previously gotten involved in everything ….from buying to wages to transfers to team tactics to team selection and substitutions during a game.



Personally , I have serious doubts and worry …..and will not be surprised if Tan ……DOES A TAN …..and renege on his promise of support . Of course if he does renege …..all sorts of flimsy excuses will be provided.


I sincerely hope that Tan will honor this “fully support Bulut” commitment .
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Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:14 am

The reasons I have doubt on Tan honoring his stated commitment have a foundation .



Firstly , as they say “leopards and spots” …..can Tan not interfere ?


Can this master of football ….the “shoot” genius the “painter and decorator” prodigy …..give Bulut his head ?


However my biggest concern is financial .


I doubt that Tan is in a financial position to lose more money on us ……he has spent hundreds of millions of pounds ….and can not or will not want to spend much more.


Time will tell …..and I very much hope that Tan will be honorable and true to his word.
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Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:34 am

The truth is we need 5 or 6 £5 million players to get promoted when you look at the teams in last year's top six. There's no way looking at Tans s record that he 'll part with that plus the wages.
The thing is with football we get mugged with loyalty we might go up, the owner might spend money. In the last four years we have just signed piles and piles mostly of lower division mediocrity which has necessitated mass clear outs every summer wasting time and resources and trying to cover it up by the odd short term loan player.
We will certainly see in the next 2 months what being "fully backed" means. However looking at the start of the summer and the way Bullet has been messed about, the part time amateurs like we've got in charge now are unlikely to become full time professionals which are the sort of people we need.
(And message to Bullet to be fair you haven't had any sort of budget yet but please improve the quality / entertainment value it's dire)

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:53 am

I think it’s a case of same as same as,will plough a bit of money in to keep us going and hope for promotion while hoping to sell for a small fortune.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:56 am

I'm not entirely convinced by Tan's statement, but I think even if he does put money in, we should lower our expectations. I think we are more than one season away from a play off spot and to be honest, I would be happy finishing in the top ten and have a more realistic attempt at promotion the following season.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 11:39 am

I think Bulut needs serious money to get some firepower in at the very least.

What would be nice to know is how close to FFP limits we are and what sort of wriggle room we have.

I would say a similar wage budget plus £5-6m on players would make us competitive. Not sure if Tan will or can do that but a bit of transparency wouldn’t go amiss and help us understand.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 12:03 pm

You don't always need to spend a lot of money on players to get promoted, just sign the ones that suits the system you are going to play. Ipswich didn't spend much last season and if I remember correctly not did Neil Warnock when we went up in 2018.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 12:41 pm

Blue View wrote:You don't always need to spend a lot of money on players to get promoted, just sign the ones that suits the system you are going to play. Ipswich didn't spend much last season and if I remember correctly not did Neil Warnock when we went up in 2018.


He did spend £5m on Madine plus some others. As well as big money on wages for some of the free transfers.

But I agree doesn’t necessarily have huge amounts.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 12:57 pm

Blue View wrote:You don't always need to spend a lot of money on players to get promoted, just sign the ones that suits the system you are going to play. Ipswich didn't spend much last season and if I remember correctly not did Neil Warnock when we went up in 2018.



Spending money on players is on buying or in wages . Warnock was paying heavenly insane wages …..so no good saying that Warnock did not spend .

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:10 pm

Forever Blue wrote:
I doubt that Tan is in a financial position to lose more money on us ……he has spent hundreds of millions of pounds ….and can not or will not want to spend much more.


Time will tell …..and I very much hope that Tan will be honourable and true to his word.


Don't think he is too concerned about money, he is 72 years old, and he has pledged to give half his fortune to charity when he dies.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:20 pm

Lets be fair he could put a bid in for Mbappe and some fans would still be slating him.Same old ,same old.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:24 pm

When he says support Bulut I think that translates to maybe spending around 3m in total - 500k here, 1.5m there, another 1m there. I really don't think we'll be spending big money. Certainly nowhere near what Hull did last season. I just don't think FFP will allow it.

It seems like Bulut was backed with wages last year though. If we can keep that same sort of wage budget along with 3 to 4m on transfer fees. I'd be reasonably happy with that

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:45 pm

rontom wrote:
Forever Blue wrote:
I doubt that Tan is in a financial position to lose more money on us ……he has spent hundreds of millions of pounds ….and can not or will not want to spend much more.


Time will tell …..and I very much hope that Tan will be honourable and true to his word.


Don't think he is too concerned about money, he is 72 years old, and he has pledged to give half his fortune to charity when he dies.

Agree he's written off over 100 million with us already and continues with investment each season of between 10-20 million

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:46 pm

Maloby_Blue wrote:When he says support Bulut I think that translates to maybe spending around 3m in total - 500k here, 1.5m there, another 1m there. I really don't think we'll be spending big money. Certainly nowhere near what Hull did last season. I just don't think FFP will allow it.

It seems like Bulut was backed with wages last year though. If we can keep that same sort of wage budget along with 3 to 4m on transfer fees. I'd be reasonably happy with that

Agree , the loan players that gone back and the released player must of freed up a lot of wages for more wiggle room .

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:48 pm

Forever Blue wrote:VINCENT TAN TRUTHFUL ? :


Like many I was pleased with the renewal of Bulut’s contract. Not ideal but a good choice for now . Tan has come out and clearly “PLEDGED FULL SUPPORT “ !!….. to Bulut.


But …..IS TAN TRUTHFUL and Sincere ??? Only time will tell .


On paper Tan made the perfect ideal statement ….and based on it …..I started believing and expecting a top six finish as a minimum ….if not automatic promotion ….at a stretch . If indeed fully backed ….we can definately succeed …..
but the big question is IF .


Full support precisely and practically means :


(1) Releasing enough funds to “BUY” few quality players at reasonable prices.



(2) Giving Bulut a big enough “BUDGET” in wages ….in order to attract such players as well as the best on free transfers or loans.




(3) Truly trusting and supporting Bulut to get the right players and not ‘INTERFERE’ or BUTT into the assembling of the team and significantly to stop interfering in team selection and tactics . Tan genuinely believes he knows a lot about football and previously gotten involved in everything ….from buying to wages to transfers to team tactics to team selection and substitutions during a game.



Personally , I have serious doubts and worry …..and will not be surprised if Tan ……DOES A TAN …..and renege on his promise of support . Of course if he does renege …..all sorts of flimsy excuses will be provided.


I sincerely hope that Tan will honor this “fully support Bulut” commitment .

You didn't write that :lol: would be helpfull if you put who's written topics that you've posted in your name .

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 2:50 pm

How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 3:04 pm

Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

I'm sure the insurance money from the out of court settlement from the insurers on sala can be used

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 4:06 pm

wez1927 wrote:
Forever Blue wrote:VINCENT TAN TRUTHFUL ? :


Like many I was pleased with the renewal of Bulut’s contract. Not ideal but a good choice for now . Tan has come out and clearly “PLEDGED FULL SUPPORT “ !!….. to Bulut.


But …..IS TAN TRUTHFUL and Sincere ??? Only time will tell .


On paper Tan made the perfect ideal statement ….and based on it …..I started believing and expecting a top six finish as a minimum ….if not automatic promotion ….at a stretch . If indeed fully backed ….we can definately succeed …..
but the big question is IF .


Full support precisely and practically means :


(1) Releasing enough funds to “BUY” few quality players at reasonable prices.



(2) Giving Bulut a big enough “BUDGET” in wages ….in order to attract such players as well as the best on free transfers or loans.




(3) Truly trusting and supporting Bulut to get the right players and not ‘INTERFERE’ or BUTT into the assembling of the team and significantly to stop interfering in team selection and tactics . Tan genuinely believes he knows a lot about football and previously gotten involved in everything ….from buying to wages to transfers to team tactics to team selection and substitutions during a game.



Personally , I have serious doubts and worry …..and will not be surprised if Tan ……DOES A TAN …..and renege on his promise of support . Of course if he does renege …..all sorts of flimsy excuses will be provided.


I sincerely hope that Tan will honor this “fully support Bulut” commitment .

You didn't write that :lol: would be helpfull if you put who's written topics that you've posted in your name .




Wez Wez, well I never got it from another forum that’s a fact or a newspaper.

I chat to you first as we did earlier :lol:

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 4:09 pm

Forever Blue wrote:
wez1927 wrote:
Forever Blue wrote:VINCENT TAN TRUTHFUL ? :


Like many I was pleased with the renewal of Bulut’s contract. Not ideal but a good choice for now . Tan has come out and clearly “PLEDGED FULL SUPPORT “ !!….. to Bulut.


But …..IS TAN TRUTHFUL and Sincere ??? Only time will tell .


On paper Tan made the perfect ideal statement ….and based on it …..I started believing and expecting a top six finish as a minimum ….if not automatic promotion ….at a stretch . If indeed fully backed ….we can definately succeed …..
but the big question is IF .


Full support precisely and practically means :


(1) Releasing enough funds to “BUY” few quality players at reasonable prices.



(2) Giving Bulut a big enough “BUDGET” in wages ….in order to attract such players as well as the best on free transfers or loans.




(3) Truly trusting and supporting Bulut to get the right players and not ‘INTERFERE’ or BUTT into the assembling of the team and significantly to stop interfering in team selection and tactics . Tan genuinely believes he knows a lot about football and previously gotten involved in everything ….from buying to wages to transfers to team tactics to team selection and substitutions during a game.



Personally , I have serious doubts and worry …..and will not be surprised if Tan ……DOES A TAN …..and renege on his promise of support . Of course if he does renege …..all sorts of flimsy excuses will be provided.


I sincerely hope that Tan will honor this “fully support Bulut” commitment .

You didn't write that :lol: would be helpfull if you put who's written topics that you've posted in your name .




Wez Wez, well I never got it from another forum that’s a fact or a newspaper.

I chat to you first as we did earlier :lol:

I think you're a respectful tan lover now :lol:

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 5:11 pm

wez1927 wrote:
Forever Blue wrote:
wez1927 wrote:
Forever Blue wrote:VINCENT TAN TRUTHFUL ? :


Like many I was pleased with the renewal of Bulut’s contract. Not ideal but a good choice for now . Tan has come out and clearly “PLEDGED FULL SUPPORT “ !!….. to Bulut.


But …..IS TAN TRUTHFUL and Sincere ??? Only time will tell .


On paper Tan made the perfect ideal statement ….and based on it …..I started believing and expecting a top six finish as a minimum ….if not automatic promotion ….at a stretch . If indeed fully backed ….we can definately succeed …..
but the big question is IF .


Full support precisely and practically means :


(1) Releasing enough funds to “BUY” few quality players at reasonable prices.



(2) Giving Bulut a big enough “BUDGET” in wages ….in order to attract such players as well as the best on free transfers or loans.




(3) Truly trusting and supporting Bulut to get the right players and not ‘INTERFERE’ or BUTT into the assembling of the team and significantly to stop interfering in team selection and tactics . Tan genuinely believes he knows a lot about football and previously gotten involved in everything ….from buying to wages to transfers to team tactics to team selection and substitutions during a game.



Personally , I have serious doubts and worry …..and will not be surprised if Tan ……DOES A TAN …..and renege on his promise of support . Of course if he does renege …..all sorts of flimsy excuses will be provided.


I sincerely hope that Tan will honor this “fully support Bulut” commitment .

You didn't write that :lol: would be helpfull if you put who's written topics that you've posted in your name .




Wez Wez, well I never got it from another forum that’s a fact or a newspaper.

I chat to you first as we did earlier :lol:

I think you're a respectful tan lover now :lol:


Annis and Tan in a tree…. Haha.

I sincerely hope one day that Tan turns my opinion around but it’s almost impossible for that to happen.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 5:39 pm

They say opposites attract?

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 8:54 pm

Forever Blue wrote:The reasons I have doubt on Tan honoring his stated commitment have a foundation .



Firstly , as they say “leopards and spots” …..can Tan not interfere ?


Can this master of football ….the “shoot” genius the “painter and decorator” prodigy …..give Bulut his head ?


However my biggest concern is financial .


I doubt that Tan is in a financial position to lose more money on us ……he has spent hundreds of millions of pounds ….and can not or will not want to spend much more.


Time will tell …..and I very much hope that Tan will be honorable and true to his word.


You know my view on this Annis, and your comment on spotty leopards is still how I feel. As soon as we hit a tough patch again, VT will put his oar in again.

Warnock recently said that if MD is in your corner. You have a chance but ultimately he's a NED and all decisions will come down to King Canute and the board will continue to tell the emperor that his new clothes look great despite him being naked.

I hope I'm proved wrong, I'm not club bashing but I've seen enough and we need a change at the top otherwise the firefighting cycle will never change and we will continue to waste years and money.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 9:17 pm

GrangeEndStar wrote:
Forever Blue wrote:The reasons I have doubt on Tan honoring his stated commitment have a foundation .



Firstly , as they say “leopards and spots” …..can Tan not interfere ?


Can this master of football ….the “shoot” genius the “painter and decorator” prodigy …..give Bulut his head ?


However my biggest concern is financial .


I doubt that Tan is in a financial position to lose more money on us ……he has spent hundreds of millions of pounds ….and can not or will not want to spend much more.


Time will tell …..and I very much hope that Tan will be honorable and true to his word.


You know my view on this Annis, and your comment on spotty leopards is still how I feel. As soon as we hit a tough patch again, VT will put his oar in again.

Warnock recently said that if MD is in your corner. You have a chance but ultimately he's a NED and all decisions will come down to King Canute and the board will continue to tell the emperor that his new clothes look great despite him being naked.

I hope I'm proved wrong, I'm not club bashing but I've seen enough and we need a change at the top otherwise the firefighting cycle will never change and we will continue to waste years and money.




Paul,


1,000% We need a change at the top, but as you know Tan is more than stubborn and will hold on at all costs, but I believe his Family have totally had enough and deep down Tan can only hold out for so long as his own businesses are getting more and more in trouble.

We are a big headache to him.

I just hope I am wrong and he really does do something this season.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:08 pm

Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


Likewise and Spot On with the FFP.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Wed Jun 05, 2024 10:42 pm

Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Thu Jun 06, 2024 5:27 am

GrangeEndStar wrote:
Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.


Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Thu Jun 06, 2024 6:02 am

Bakedalasker wrote:
GrangeEndStar wrote:
Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.


Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Thu Jun 06, 2024 6:31 am

wez1927 wrote:
Bakedalasker wrote:
GrangeEndStar wrote:
Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.


Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .


Tbh Wez this subject has frazzled my brain. I'm just going to see what happens and wait to see if we bring anyone in. If we don't bring anyone in then the next thing is to wait for the excuse.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Thu Jun 06, 2024 8:57 am

wez1927 wrote:
Bakedalasker wrote:
GrangeEndStar wrote:
Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.


Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .


The Miller insurance is in.

Re: VINCENT TAN TRUTHFUL ? : Like many I wa

Thu Jun 06, 2024 9:12 am

Bakedalasker wrote:
GrangeEndStar wrote:
Roath_Blue wrote:How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.


By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.


Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.


It's not a new calc. I've written about it before.

£2M is the total interest in from £6M due in interest but has either been deferred or "written off" although I can't see anyone doing that TBH as the loans are not just charity and the lenders want an ROI as otherwise they would invest elsewhere gir a return on their mills. The agg loss is £38M on the three year FFP loss moving average. So this gives us £1M FFP headroom as £39M is the three year max loss.

We have £10M in which gives us a potential budget of £11M if our FFP overheads stay the same. But we don't have access to last season's accounts so there maybe change.

I just think that VT is cutting his cloth to suit his overall financial position..Let's just hope he backs EB with the quality players we need and adds to the budget by offloading high earning deadwood.

But the fact that MD said our aim is a top six push and VT has retained EB shows EB is happy with whatever budget has been commited, so I'm hoping it reveals good news otherwise EB would have walked plus Rowberry is back in the fold and is well thought of.

Let's just hope that VT commits to this and keeps his nose out of the football matters and lets EB just get on with it.