COULD THE MALAYSIANS

Or maybe they wanted a Premiership club and now that ain't happening they are cutting their losses at 6 million and running. They have no love for the club.

Sadly this maybe the case

They did not rubberstamp their £6million investment ( well £5million anyway ) until AFTER we had failed to reach the Premier League. So they could have ' cut their costs at a mere £1million '.

They still dont have love for CCFC. Business men are only out for one thing.

Be playing the waiting game ?

Is it that they are not rushing in with wads of cash and buying any player that DJ fantasizes about so they could 'buy the club' for much cheaper over a longer period. Are they drip feeding the club just to keep it alive and to keep the creditors at arms length and deal with them as and when they want too or have too.

Is there a strategy where our Chairman turns any additional monies into shares sometime in the future and then see off PMG, Whitely, Issacs and Borley and replace them with all over their own people of choice.

Tony blue Williams put this idea also in a post from another thread and I have extracted part of what he has written :

"There is a significant unissued shareholding worth £5.2m set aside for conversion of debt into equity by the likes of PMG, Michael Isaacs, Steve Borley and possibly Sam Hammam. Full use of these shares would reduce the Malaysians shareholding to just above 30%.

There is another 34,468,568 unissued shares which the Directors have the authority to allot in response to future investment opportunities. That amount is 22% of the total shares.

Vincent Tan has a mortgage charge against the clubs assets for monies he has already loaned the club. It is likely that by 2013 VT & TG will be owed around £30m for their debt repayments and refinancing of CCFC.

If they converted that £30m for the remaining shares they would gain 52% of the club. Each share would have cost them 1.1p (as opposed to the current 15.69p a share).

They would then be in a position to buy the other 48% of shares using the drag along option and in theory could offer 1.1p a share which would mean the original £5.2m of debt would have been settled for £35,000 plus they would have gained the rest of the clubs equity."

This post in no way states that this is the plan but truthfully nobody bar TG and Tan know their game plan but this post offers another strategy that may be possible.

I have spoken with Keith Morgan on this subject and it is possible Keith believes for them to buy the club for as 'little' as £22-£25million, and when the latest released set of accounts showed debts of £66million then to get everything for a third of the cost would be good business.

If the plan is what I have briefly explained this would mean that there would be a tough season this year and I would imagine that the objective on the footballing side would be to remain in the Championship.

Another Great post Carl