Sat May 18, 2024 9:30 am
Sat May 18, 2024 9:57 am
Sat May 18, 2024 10:19 am
Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Sat May 18, 2024 10:24 am
Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Sat May 18, 2024 10:24 am
Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Sat May 18, 2024 10:28 am
GrangeEndStar wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Annis - we have all gone into detail this week about ours and Tans finances and the real state of play.
We may not win the Sala case and even if we do, it's going to take years as will be appealed whosever favour it goes in.
It's good these meetings are now taking place but we need to be asking these key questions and the only important question in the ES case for us as a club is to get confirmation that VT will use it to invest in the club.
Sat May 18, 2024 10:35 am
Forever Blue wrote:GrangeEndStar wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Annis - we have all gone into detail this week about ours and Tans finances and the real state of play.
We may not win the Sala case and even if we do, it's going to take years as will be appealed whosever favour it goes in.
It's good these meetings are now taking place but we need to be asking these key questions and the only important question in the ES case for us as a club is to get confirmation that VT will use it to invest in the club.
Paul,
Exactly what i have said to Sven.
The problem is the latest on this group led by Morgan won’t ask these questions.
Funny I have yet to meet anyone who had an email offering to vote or belong to this group, I have 3 Season Tickets and one for 52 Consecutive years, I never got an email.
My email has been the same for 20 plus years.
Sat May 18, 2024 11:09 am
Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Sun May 19, 2024 7:12 am
Sun May 19, 2024 7:16 am
JulesK wrote:Is it like PMQs where the questions and answers are pre prepared so the club have answers?
How long do Q&A last ?
Is there an AOB section?
Are minutes taken?
Sun May 19, 2024 7:18 am
Sven wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Annis, on the lack of real questioning, we are wholly in the same Hymn sheet...!![]()
Sun May 19, 2024 7:27 am
Forever Blue wrote:Sven wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Annis, on the lack of real questioning, we are wholly in the same Hymn sheet...!![]()
Chris,
It’s incredible not one decent question, it’s like a meeting to make the Hierarchy look good.
Sadly fans who want to ask real questions, will never be invited.
Sun May 19, 2024 7:32 am
GrangeEndStar wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Annis, on the lack of real questioning, we are wholly in the same Hymn sheet...!![]()
Chris,
It’s incredible not one decent question, it’s like a meeting to make the Hierarchy look good.
Sadly fans who want to ask real questions, will never be invited.
The other key question that should have been asked was about the precarious "going concern" statement by the directors and auditors in terms of the ability to raise new funding and if VT can confirm that there is no need for this concern as he or a third party will guarantee this?
That confirmation should have been in there and is a red flag as it is conspicuous by it's absence.
Sun May 19, 2024 7:47 am
Forever Blue wrote:GrangeEndStar wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Annis, on the lack of real questioning, we are wholly in the same Hymn sheet...!![]()
Chris,
It’s incredible not one decent question, it’s like a meeting to make the Hierarchy look good.
Sadly fans who want to ask real questions, will never be invited.
The other key question that should have been asked was about the precarious "going concern" statement by the directors and auditors in terms of the ability to raise new funding and if VT can confirm that there is no need for this concern as he or a third party will guarantee this?
That confirmation should have been in there and is a red flag as it is conspicuous by it's absence.
And that without a doubt should of come from Keith Morgan, but he would not dare.
Plus it’s unbelievable The Trust have two members on the FAB team lol
Sun May 19, 2024 7:48 am
Forever Blue wrote:Sven wrote:Forever Blue wrote:Sven wrote:Forever Blue wrote:Paul,
I think people don't realise the true value of the meetings and the newly formed FAB.
Firstly, the FAB has only recently been formed and the format of the meetings is still emerging, FAB members are asking questions from the club and in general the club are quite open and informative about most matters. There will always be an element that some matters are subject to confidentiality and the club cannot put all things into the public domain, I think everyone should respect that.
With regard to the meeting with the Lawyers, they could only state the legal process and the pathway through the case, they would not be in a position to tell us what the Board would do with any possible monies that would be forthcoming from any settlement. Indeed even the Board would not be in a position to tell us at this stage that as they would not know if anything would materialise from the case.
The FAB is representative of the Cardiff City Supporters, made up of the supporters groups as well as season ticket holders. I joined the Trust recently and put my name forward for the Trust's Board and was successful. Anyone can join the Trust if they wish, its a body that is open and transparent.![]()
As far as minutes being taken then your answer is, as above that is a record taken of the meetings and published for all to see.
I agree with your comments:
"So in reality, if we do win the case, it maybe considerably longer until we are able to realise any monies and of course there is also no guarantee that Tan will commit those funds to the club, given his 50% overall reduction to his net worth".
This is the reality. Tan needs the money as he has lost 50% of his net worth. He doesn't care about the club as we all know.
The FAB and Keith Morgan should have asked for assurances and confirmation that any monies won will go back into the club.
But they don’t ask these type of questions??
And for me what's the point of having these meetings?
Ànnis, I agree with you on most of this and with Paul's sound comments, which is why it was 'Stickied' alongside Ninian27's thread...
My only difference is that I am glad the club have taken time to 'inform' the new FAB, who we hope will become an important group going forward...
The Trust participation was in their oversubscribed role (2 members) on the FAB and not as the independent, subscription-based supporters group they are...
I guess the other upview of this tooic is that it is another view of what has already been written over the last few days and paints another picture of where we are at as a club re finances, i.e. in 'no man's land'...
Chris,
Cheers, I am for the meetings , but why are they never ever asking straight questions and questions like where would the money go and our costs etc and how much have we spent so far? ??
For me they are like lap dogs and nothing has changed just Morgan having more under him and Dalman.
Annis, on the lack of real questioning, we are wholly in the same Hymn sheet...!![]()
Chris,
It’s incredible not one decent question, it’s like a meeting to make the Hierarchy look good.
Sadly fans who want to ask real questions, will never be invited.
Sun May 19, 2024 8:44 am
Sun May 19, 2024 8:45 am
Sun May 19, 2024 9:38 am
Forever Blue wrote:JulesK wrote:Is it like PMQs where the questions and answers are pre prepared so the club have answers?
How long do Q&A last ?
Is there an AOB section?
Are minutes taken?
Jules,
If anyone puts a question that could upset The Hierarchy, your not invited again.
So you go in there like a nodding dog.