' NOT SO CLEAR CUT '

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.


Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.


Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

Stephen Owen-Conway, Lasted what 6weeks says it all carl.

Carl one thing to point out, it is CCFC that owe the money, Sam is not going to get any money until VT becomes the owner, for CCFC has no money

The judge more or less said that the 2016 deal is the agreement in force at the moment ,CCFC don't have topay anything untill then ,hopefully be sorted before then

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Carl one thing to point out, it is CCFC that owe the money, Sam is not going to get any money until VT becomes the owner, for CCFC has no money

Exactly, but if VT wants a return on his investment and that is strongly linked to getting to the Premiership, then having the club threatened with admin or bankruptcy over the langston debt, may force VT to settle rather than risk losing out if the club are punished, like I and others have said many times previously, a game of poker.

bet he wishes he had settled for the initial amount they had agreed on, perhaps one brag hand too many.

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.


Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

I've heard that Stephen Owen-Conway was only here on a short term basis?
Sam been on the phone again carl because as soon as cardiff start getting good news and encouraging things to talk about we get a langston update so nobody forgets him

Last edited by Jasonccfc on Thu Jan 17, 2013 5:18 pm, edited 1 time in total.

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Please forgive me but I don't understand your fears? What scares you about the club?

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Please forgive me but I don't understand your fears? What scares you about the club?

I'd hate to see this club totally down the drain. The initial rebrand was bad enough but if what Carl said in another was true and there will be no more blue whatsoever, I don't think I could possibly go down the City again until it's changed back

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Please forgive me but I don't understand your fears? What scares you about the club?

I'd hate to see this club totally down the drain. The initial rebrand was bad enough but if what Carl said in another was true and there will be no more blue whatsoever, I don't think I could possibly go down the City again until it's changed back

Ah now I understand!

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Please forgive me but I don't understand your fears? What scares you about the club?

I'd hate to see this club totally down the drain. The initial rebrand was bad enough but if what Carl said in another was true and there will be no more blue whatsoever, I don't think I could possibly go down the City again until it's changed back

Just wait and see mate and dont make any decisions until it happens

Am I thick or have I missed something ?

How do these changes alter anything on the Langston issue.

The high court judge said in certain terms that the debt wasn't payable until 2016. Nor wad there a case for payment any earlier, he even said that the club had every likelihood of mounting a successful defence.

Whether VT ends up playing more than he would have previously we'll probably never know. Even if he had offered what Sam was asking for who's to say Sam wouldn't have changed the goalposts at the last minute ? He has got form !!

On the financial side I have confidence in VT than any other owner in our history ! There may be other issues I'm not so keen on but at the moment we seeem to be doing OK in most areas !

Am I thick or have I missed something ?

How do these changes alter anything on the Langston issue.

The high court judge said in certain terms that the debt wasn't payable until 2016. Nor wad there a case for payment any earlier, he even said that the club had every likelihood of mounting a successful defence.

Whether VT ends up playing more than he would have previously we'll probably never know. Even if he had offered what Sam was asking for who's to say Sam wouldn't have changed the goalposts at the last minute ? He has got form !!

On the financial side I have confidence in VT than any other owner in our history ! There may be other issues I'm not so keen on but at the moment we seeem to be doing OK in most areas !

Carl one thing to point out, it is CCFC that owe the money, Sam is not going to get any money until VT becomes the owner, for CCFC has no money

That's why I said 'the clubs position' and not Tan.

Sooner Tan sells us on to another rich businessman (preferably from Europe) the better. I'm dreading seeing how the club will look next season

Please forgive me but I don't understand your fears? What scares you about the club?

I'd hate to see this club totally down the drain. The initial rebrand was bad enough but if what Carl said in another was true and there will be no more blue whatsoever, I don't think I could possibly go down the City again until it's changed back

i dont think u realise ,the colour blue will never come back under tans control,like has been said before, he thinks red is lucky and with us being top and heading for promotion,what reasons has he for changing back?the problem the new fans coming on board dont care if we play in red blue or pink,they just want premiership football

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.

Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

Or it could be the opposite, Tan is only involved if he remains interested in buying outright, he could remain a secured
shareholder What then. I have my ideas.

It could also be argued that the club see it as Clear Cut ,,, So they dont need need them , who knows.
What I do know is we dont need the speculation at this point. Lets concentrate on the good stuff...
like getting to the Premiership.

Now if you want to start om Mr Tan for changing our kit to Red and that stupid EFFING Badge. Then I am your man!

so to sum up, two guys are leaving the board and this means that Sam is due his money now?

Carl one thing to point out, it is CCFC that owe the money, Sam is not going to get any money until VT becomes the owner, for CCFC has no money

That's why I said 'the clubs position' and not Tan.

VT will not pay Sam until 2016 and then Sam will have to go to court for his money.

Carl,

If langstone put us into admin then VT has more owed to him and is higher up the pecking order as a secured creditor.

VT will turn debt to equity once Langstone money is settled.

Langstone money owed is from Sam borrowing when we thought it was his money he was investing his own money.

My point is Langstone debt is holding Cardiff City back, was accrued behind fans back so why don't you and Annis and Gwynn put pressure on your friend and Langstone rep SH to settle and do the decent thing for the club he "loves"

Carl,

If langstone put us into admin then VT has more owed to him and is higher up the pecking order as a secured creditor.

VT will turn debt to equity once Langstone money is settled.

Langstone money owed is from Sam borrowing when we thought it was his money he was investing his own money.

My point is Langstone debt is holding Cardiff City back, was accrued behind fans back so why don't you and Annis and Gwynn put pressure on your friend and Langstone rep SH to settle and do the decent thing for the club he "loves"

This.

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.


Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

Without going into detail there's a reason Stephen has had to go back home . If people think his leaving is a failure on the debt they would be wrong

Carl,

If langstone put us into admin then VT has more owed to him and is higher up the pecking order as a secured creditor.

VT will turn debt to equity once Langstone money is settled.

Langstone money owed is from Sam borrowing when we thought it was his money he was investing his own money.

My point is Langstone debt is holding Cardiff City back, was accrued behind fans back so why don't you and Annis and Gwynn put pressure on your friend and Langstone rep SH to settle and do the decent thing for the club he "loves"

This.

Just one minor point Tan is not higher up the pecking order, He may as well be the only one in the pecking order. Not only in a very good position but in total charge. Why should he pay £10 - £15 Mil out of his pocket when the club relies on him to keep it going. Better of putting that money into developing the business model and realising its ambitions.
If we get to the Prem ( a good bet) and stay there he'll have a 3 years of T/O at £90 mil a year to pay off the whole of the loan notes.Even if they came in at £35 mil inc.interest it comes out of the business T/O and not his pocket. From his point of view its a no brainer. £35 million out of £270 mil = 13% of T/O. not such a huge debt then is it.

I have consistently maintained that Langston have a very good case against the club for full settlement due immediately.

Nothing has happened publicly to qualify my claim nor has anything happened to denounce it either.

But with the news that Mike Hall (re-appointed to deal with Langston) and Stephen Owen-Conway (appointed as a director for the same reason on Dec 4th 2012) have both had their directorships terminated, maybe now people might just think that the club's position is not as clear cut as many may have thought.

I still believe that the Langston loan notes will be settled before the start of next season but more in favour of Langstons terms and not as little as the club could have settled for not too long ago.


Judge ruled payment due in 2016,but since then Ridsdale has rewritten the new contracts and Langston loan note 3 came in to play. Also there have been 2 breaches of the contract by our club, so there for the contract of 2016 are null and void.

Without going into detail there's a reason Stephen has had to go back home . If people think his leaving is a failure on the debt they would be wrong

I also thought Mike Hall was appointed to the board as part of the restructure of the PMG debt.
How could he deal with Sam, from what I've heard (from a very good source) he didn't ever really want any involvement in the club.

I agree with carl though that its definitely not clear cut, if it was- in Sam's favour, he would have sorted it now, if it was clear-cut in VT's favour he wouldn't have made any new offer.

My guess is that it'll run its course now, after all it matures in 3 years and a full court case will take at least 2 years although IF we do go up then that could be the catalyst to sorting it.
1. VT will want to take extra shares to take control
2. Sam will up the ante knowing the above and wanting a bit of the show also knowing the club after finally going up won't want the embarrassment of another court case.

We are on the brink of signing the kind of striker to strike fear into our opposition.
Proven record at this level. More players coming in. Top of the league by 8 points.
Premiership is beckoning.

Seriously.

Who gives a f**k about Langstone?

Its 2013.

The debt isnt due to be paid til 2016

Tan isnt mentioning it, Tan dont seem bothered. He is concentrating on backing
the manager and getting us established in the Premiership.

If Sam dont wanna settle for less, please can we tell him to piss off til 2016 and
Cardiff City will see him in court. We've got more important things to do

We are on the brink of signing the kind of striker to strike fear into our opposition.
Proven record at this level. More players coming in. Top of the league by 8 points.
Premiership is beckoning.

Seriously.

Who gives a f**k about Langstone?

Its 2013.

The debt isnt due to be paid til 2016

Tan isnt mentioning it, Tan dont seem bothered. He is concentrating on backing
the manager and getting us established in the Premiership.

If Sam dont wanna settle for less, please can we tell him to piss off til 2016 and
Cardiff City will see him in court. We've got more important things to do

Sorry Dave but I think settling Langston is very important.

Also don't think Tan isn't bothered, he has tried a couple of lawyer firms and QC's to try and settle, not the actions of a man not bothered.

The problem is people think whenever I mention Langston I do it for Sam, not true I am afraid, I write about my concerns over the Langston debt because I am just that, concerned.

We are on the brink of signing the kind of striker to strike fear into our opposition.
Proven record at this level. More players coming in. Top of the league by 8 points.
Premiership is beckoning.

Seriously.

Who gives a f**k about Langstone?

Its 2013.

The debt isnt due to be paid til 2016

Tan isnt mentioning it, Tan dont seem bothered. He is concentrating on backing
the manager and getting us established in the Premiership.

If Sam dont wanna settle for less, please can we tell him to piss off til 2016 and
Cardiff City will see him in court. We've got more important things to do

Well said Taff, As I said above its not Tans Debt it seems some would like the Club in turmoil.

We are on the brink of signing the kind of striker to strike fear into our opposition.
Proven record at this level. More players coming in. Top of the league by 8 points.
Premiership is beckoning.

Seriously.

Who gives a f**k about Langstone?

Its 2013.

The debt isnt due to be paid til 2016

Tan isnt mentioning it, Tan dont seem bothered. He is concentrating on backing
the manager and getting us established in the Premiership.

If Sam dont wanna settle for less, please can we tell him to piss off til 2016 and
Cardiff City will see him in court. We've got more important things to do

Sorry Dave but I think settling Langston is very important.

Also don't think Tan isn't bothered, he has tried a couple of lawyer firms and QC's to try and settle, not the actions of a man not bothered.

The problem is people think whenever I mention Langston I do it for Sam, not true I am afraid, I write about my concerns over the Langston debt because I am just that, concerned.

Fair enough. But its not due. 2016. Why should Tan weigh in all that money
now? its not his debt. The Club has moved on and beyond Langstone. If we
are still in the Premiership in 2016, lets go to court then. The last judge said
we have a very good case. Right now? Langstone dont matter, really. All Tans
money needs to be channelled towards getting us into the Premiership and
staying there. My opinion.

We are on the brink of signing the kind of striker to strike fear into our opposition.
Proven record at this level. More players coming in. Top of the league by 8 points.
Premiership is beckoning.

Seriously.

Who gives a f**k about Langstone?

Its 2013.

The debt isnt due to be paid til 2016

Tan isnt mentioning it, Tan dont seem bothered. He is concentrating on backing
the manager and getting us established in the Premiership.

If Sam dont wanna settle for less, please can we tell him to piss off til 2016 and
Cardiff City will see him in court. We've got more important things to do

Sorry Dave but I think settling Langston is very important.

Also don't think Tan isn't bothered, he has tried a couple of lawyer firms and QC's to try and settle, not the actions of a man not bothered.

The problem is people think whenever I mention Langston I do it for Sam, not true I am afraid, I write about my concerns over the Langston debt because I am just that, concerned.

Seriously Why are you concerned about it, Tan is concerned only from a business point.
There are a number of choices at his disposal perhaps early payment is a bad one and would
not benefit him/Club. You, Hamman, or anyone outside of Tans structure wouldn't be privy to
that information Leave Hamman worry he left us with it,why spend so much time on it.

You said that Tan could have setled for less if he had setled earlier COULD you honestly see Sam Hamman not moving the goal posts if he thought that Tan was going to settle