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Forever Blue wrote:Sadly it’s not happening:
Cardiff City are £110 Mill Debt and Tan & others just put enough money in to stop us going bankrupt otherwise Tan would lose everything.
It’s not that it’s £110 Mill Debt we have , it’s the amount of times we have been promised we will be Debt Free???
Over 15 years later and Our Club is NO nearer to being Debt Free, far from it and more money keeps being borrowed.
The Football side, Tan has taken total control again.
I was hearing really good news that we finally had a buyer being accepted this Summer and Tan was going to take a lot less, Well Sadly that’s not happening.
Tan could of taken a great offer and still had some control and had football people on board, but Tan wants all of it and is very stubborn and the only losers are our club and us fans.
Quite the opposite Tan wants to run the show again after Dalman had his chance last season.
Wow we finished 12th, oh fantastic we beat Swansea/ Bristol surely our ambition as a club and fans is way more?
We are running insolvent the accounts even say this
We lost £11 mill but Tan and his mates charged us £6mill interest out of the £11mill loss.
Dalman and Choo between them have a wage of Cardiff totalling £1mill a year.
Dalman has now lent us £30 Mill at 9% interest
Another unknown company has lent us £19 Mill at 9% interest
If we got the Best manager in the world if you don’t fully back him it’s pointless
Vincent Tan wants £200 million to sell, total madness
Who is going to pay that and take on the debts?
Plus all us Fans all we ever hear is another court case , another case.
Their have been genuine buyers out there but Tan won’t budge on the money he wants.
So unless Our Fans Unite like the old days and show the board they are not welcome, nothing will change.
This is not a rallying call as I know most New fans just let it go over their heads and many diehards have just decided they will turn up when it suits them now.
SO WHAT IS THE FUTURE??
I HONESTLY DO NOT KNOW / I DO NOT SEE ANY GREAT FUTURE FOR OUR CLUB UNDER THIS REGIME:
ALL I DO KNOW IS OUR GREAT FANS DESERVE A LOT BETTER.
Sat May 11, 2024 9:24 am
Winchmore Hill Bluebird wrote:Annis and others put out many interesting tables re average crowds, away support, many other topics. Where they obtain the information from, I don’t know.
Can someone “in the know” please table the amount of money owed by our peer Championship clubs and the Premiership so that we can compare the City’s £110 million deficit. Our debit may not look so bad, you never know. Myself, I wouldn’t know where to start finding out this detail; it would take me days.
Thanks if anyone can take this on without giving themselves too much of a problem.
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