The Malaysians - The New Regime

I am posting this thread to clarify a few important issues that the local rag seem not to understand concerning some of the club's debt.

There is no new debts, no surprises, no new creditors coming out of the woodwork. TG and Vincent Tan done the due diligence and took their time, they are real business men with a superb track record in business and I am proud, as many of you are, that they have invested in our club. The ' new debt ' that the Echo speaks of was actually the catalyst for the Gambit report. The report was summoned by Paul Guy, because when Steve Borley and Alan Whitely went to Malaysia to get the deal back on after the Malaysians walked away after they were lied too by Peter Ridsdale, TG told Borley of debts that even some of the directors didnt know about and this £3.8 million loan was one of many surprises for Borley, but not the TG.

TG and Vincent Tan know of every debt, no matter how minor they are !

What we must remember is TG and Vincent Tan saved our club but they are not football people, they are business men, they will not throw money at the team, like a city mad fan would after winning the Euromillions, in fact Vincent Tan's first ever game was the play off final, I am not suggesting they wont become fans but quite simply they are here to succeed in their business venture. They have a plan to get the club on a sound financial footing and that means paying the debts they have inherited and some of which they are still talking to creditors to reach an amicable agreement.

When they invested the £6 million, it didnt end our problems, it eased them. There is a hell of a lot of work to get through and I like many, got carried away with TG's ' Top 2 ' finish statement. I believe when TG said that he was thinking that this team have got the best chance of a top 2 place next year because out of every other team in the division we were the closet to reaching the goal, but in making his statement we took it as they are pulling out all the stops.

I know that they are trying their best to keep the team together and are not flaunting our players to other clubs and they are actually trying very hard to keep hold of our stars ie.Chopra, despite Ipswich's perseverance. In the past this has not been the club's policy so this is a refreshing change. For the reasons I have given regarding our debt, gives me the belief that we will not see players coming in unless they are loans or free transfers. Unless of course there is an offer that they could'nt refuse for one of our players. TG's first experience of football was this year after his Nick had a trial with West Ham and then ourselves and we gave Nick a chance and as I said earlier Vincent Tan has only ever been to one game. TG believes in this team and so do I, throughout last season I kept believing we had the strongest 1-11 this division had to offer and I still believe it but what we lack is strength in depth and I hope that this is addressed.

What we need to understand is that running a football club is very different to any other other business and being this is TG's and Vincent Tan's first club then we must give them the patience, understanding and in some cases the benefit of the doubt, I am sure they will make us a successful club but will they make mistakes along the way ? Of course they will but on the whole I am confident they will build our club financially, it's stature and it's profile.

just another case of the echo using bullshit to fill its pages carl
i think terry will struggle to get much out of the club now after his embarrasing over the top support for ridsdale.
even today he couldent help but mention that ridsdale was mulling over job offers
move on terry its over. your bosom buddy has left you for good and its time to learn to write your own column again.

Great post carl. I guess we will just have to be patient and see what unfolds.

the wankers at the echo just troll message boards looking for storys, lazy jurno's!

id like to see them hanging from a rope outside the stadium!

carl that sounds ok with me,the only thing that i am struggling with is on one hand the message is steady as we go then on the other we hear that we,re trying to sign bellamy with NO denial from the club.....very confusing to mty mind.

carl that sounds ok with me,the only thing that i am struggling with is on one hand the message is steady as we go then on the other we hear that we,re trying to sign bellamy with NO denial from the club.....very confusing to mty mind.

They never denied the Bellamy story because they did negotiate with Man City on a season long loan but what City were prepared to pay in wages, Man City would not accept. Bellamy told DJ he wanted to come.

fantastic post as usual carl

carl that sounds ok with me,the only thing that i am struggling with is on one hand the message is steady as we go then on the other we hear that we,re trying to sign bellamy with NO denial from the club.....very confusing to mty mind.

They never denied the Bellamy story because they did negotiate with Man City on a season long loan but what City were prepared to pay in wages, Man City would not accept. Bellamy told DJ he wanted to come.

fare enough,i guess its up to the supporters to sit back and see what unravells....a hard thing to do for a city supporter....thats life,thats city....cheers for the prompt reply.

just another case of the echo using bullshit to fill its pages carl
i think terry will struggle to get much out of the club now after his embarrasing over the top support for ridsdale.
even today he couldent help but mention that ridsdale was mulling over job offers
move on terry its over. your bosom buddy has left you for good and its time to learn to write your own column again.

Think they may have read about their latest stories on here Steve

didnt dave jones give them a list of players and they said they would work to bring them in,i cant see that list being frees and loans,whats changed since then

didnt dave jones give them a list of players and they said they would work to bring them in,i cant see that list being frees and loans,whats changed since then

Nothing has changed and the top of the list was/is Bellamy and he would have been free/loan.

just another case of the echo using bullshit to fill its pages carl
i think terry will struggle to get much out of the club now after his embarrasing over the top support for ridsdale.
even today he couldent help but mention that ridsdale was mulling over job offers
move on terry its over. your bosom buddy has left you for good and its time to learn to write your own column again.

Totally agree Steve, but excellent post as usual Carl

So let me get this right then DJ's wish list is not worth the paper its written on, unless their on loan or free transfers...?

So let me get this right then DJ's wish list is not worth the paper its written on, unless their on loan or free transfers...?

Sadly Correct

There are 3 recent debentures shown on the Companies House website relating to CCFC.

The first is dated 30/3 and is from TG

The second is dated 29/4 and is from VT

The third is dated 28/5 and is from Player Finance Fund SPC 1

I cannot see on any of the documents where it says how much each loan was for and am unable to upload onto here as the file format is not supported. The signature on behalf of CCFC is the same on all 3 and is indecipherable.

So let me get this right then DJ's wish list is not worth the paper its written on, unless their on loan or free transfers...?

Sadly Correct

I dont understand why DJ had said that he had a meeting with TG and they had agreed on the list before he had committed himself for another season.

So let me get this right then DJ's wish list is not worth the paper its written on, unless their on loan or free transfers...?

Sadly Correct

I dont understand why DJ had said that he had a meeting with TG and they had agreed on the list before he had committed himself for another season.

They did, but the wages we were offering even though very high for us know where near as high as these players want. Only half of DJ's list has so far failed. There is still hope
The main thing is OUR CLUB WILL BE FINANCIALlY OK .

So let me get this right then DJ's wish list is not worth the paper its written on, unless their on loan or free transfers...?

And not only loans or free transfers but ones that we cannot afford to pay the wages on. I have mentioned before that, we could all sanction DJ's list but if we are gonna offer pennies for class, we are never going to succeed in supplying DJ with anything on his list.

Don't get me wrong, I am not saying we should break the bank and risk the club again by paying what we cannot afford but if the club back the manager with his wishes and then only pay lip service to said wishes they may as well have said no to DJ's plans in the first place.

Although DJ has announced that he will be staying I can see there being interest from him in any jobs elsewhere that may come up and the cynic in me might suggest this is of interest to the board as it aids them in removing an £800k wage from the books. They have cleverly obtained the services of DJ by sanctioning his demands but if they cannot meet them the next move is with the manager.

As for being halfway through DJ's list, we have been here before with targets 1, 2, & 3 slipping through our fingers, only for us to get our fourth choice and not quite what we were looking for in the first place.

Sound post Carl.

However I have this niggling feeling that the Malaysians know for this business venture to succeed they need to get us into the premier. Now I will go along with the statement our 1st 11 were the best in the division, when they turned up, and the problem we had was our depth of squad. We can look at all permutations of how this depth problem we have is going to be solved. We sell a top player and buy 2 or 3 resonable replacements or we keep a top player and get a say 2 loanees in. Either scenario is going to involve DJs judgement which worries me but thats another story. This could turn out to be a fine line we go down especially if we want to challenge again.

I just feel that the Malaysians want us promoted this year and they want an auto. I feel they have put alot of trust in DJ and hope he can do it the cheap way. Something tells me the cheap way is going to be too risky, remember they are business men, and I think they will splash the cash. I just hope when they make their mind up its not too late.

Carl

I really look forward to your informative posts, and your level headed conclusions.

Not so long ago all of us were fuming at the way Ridsdale was putting our clubs very existence at risk by his gambling ways. This behaviour in my opinion was for him to justify paying himself huge bonuses on achieving new targets and boost his over inflated ego.

If we can keep our team intact and then bring in some good free or loan players to give us the strength in depth then I think we will be more than competitive in this league. We must NEVER forget that under Ridsdale's reign we have sold our best players, on many occasions, for far less than their true value just to service some of the debts that he had got us into. Thanks to our new investors we are no longer a club that has to sell our crown jewels and this is a MASSIVE step forward for us.

Yes, we all want to reach the promised land and as a club we deserve it and in my opinion we would enhance it but we must let our new board get our club on a sound financial platform and build from there.

The Malaysians want the same as us but they just want us to achieve this by means of a sound financial business plan, they have put their faith in us it's now time to for us to reciprocate.

Onwards and upwards.

I think we have to be realistic and despite the fact we won't be spending mega bucks we still have a real chance next season if we retain our players and add a bit of strength in depth through good loan signings.

The last 3/4 seasons have seen the sale of Jerome, Chopra, Loovens, Gunter, Ramsey, Johnson, etc. All would probably still get in to our first 11/12, they were massive losses replaced with much cheaper options.

Just holding on to the current crop would represent a luxury for DJ. Many teams have got promotion on the back of some serious loan dealings e.g. Sunderland, Hull, Stoke, Wolves, etc. Premier quality loan signings are surely a safer bet than untested Div 1 permanent signings ?

Based on last season Forest are the only CCC team that were better than us and, unlike in previous years, those relegated have their own problems. Plenty of room for optimism yet, let's just see what July/August brings

Burnley are the only club of the 3 coming down who are relatively stable financially and even they have sold their top striker.

So as it has been said above ,provided we can keep the bulk of the squad from last year and replace the ones released with decent loans ( a system which we really haven't utilised for past couple of seasons and yet Blackpool and Stoke got promoted using 4-5 loanees) or good free transfers , we may be able to have another go at promotion next season.

Although I don't know if I could face going thru the play offs again

TBH, I have heard so many different things about the Malaysians and their plans. I don't think any of us can second guess what their plans are so we'll have to wait.

West Brom are a good example. They dont pay over the odds (whilst their in the CCC anyway) They didn't spend alot last season but bought the players they needed etc.

Wolves and WBA bounce back up and down the Prem often and its admiral that they are still financialy sound. Maybe that's what the Malaysians are looking at?

Great post Carl

Great post Carl