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IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:41 pm

I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:43 pm

better start writing some more books, you have 50 odd days :D

i would in a flash,im gonna win saturday lottery :ayatollah: id evan pay riddlers taxi fare !

:ayatollah: :ayatollah:

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:48 pm

I certainly wouldn't touch us with a barge pole right now and I am not surprised we're still without a buyer. Saying that, I would be tempted if I had a few hundred million. The potential here is unprecedented and if a proper business plan was drawn up I am certain the £40m needed to cover the debts and the £30m to buy the club would be covered within years.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:49 pm

No-one in their right mind would, unless the club was coming for a token pound or something like that.

T

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:53 pm

no, as an inverstor i would wait until the club went into admin.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 4:57 pm

Buisness wise, that's the best thing to do.

I'd let my heart rule my head and i would save the club from administration.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 5:00 pm

I would wait until admin, so they could look at were every penny has gone. Hopefully ended up with PR behind bars. Then we could happily live on. :ayatollah:

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 5:04 pm

Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?


How do you get to £39 million Annis?
£10 million SH
£9 million PMG
£4 million stadium creditors
£2million board members loans (Borley, Isaac)?
£2 million HMRC
£27 million Total?

Am I missing a load of creditors that I'm not aware of?

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 5:06 pm

Leytonstoneblue wrote:
Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?


How do you get to £39 million Annis?
£10 million SH
£9 million PMG
£4 million stadium creditors
£2million board members loans (Borley, Isaac)?
£2 million HMRC
£27 million Total?


Vince and I Went through it last night, I will ask him first before I say who else.

Am I missing a load of creditors that I'm not aware of?




Vince and I Went through it last night, I will ask him first before I say who else.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 5:06 pm

Leytonstoneblue wrote:
Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?


How do you get to £39 million Annis?
£10 million SH
£9 million PMG
£4 million stadium creditors
£2million board members loans (Borley, Isaac)?
£2 million HMRC
£27 million Total?

Am I missing a load of creditors that I'm not aware of?


All those small business that are owed must run into the millions for a start.
I think there is lots we don't know about, probably an even more horific situation than we could believe.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 5:24 pm

Forever Blue wrote:
Leytonstoneblue wrote:
Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?


How do you get to £39 million Annis?
£10 million SH
£9 million PMG
£4 million stadium creditors
£2million board members loans (Borley, Isaac)?
£2 million HMRC
£27 million Total?


Vince and I Went through it last night, I will ask him first before I say who else.

Am I missing a load of creditors that I'm not aware of?




Vince and I Went through it last night, I will ask him first before I say who else.


I reckon that the club could easily be bought for £20 million, which would buy the club, settle something like half the debt, with guarantees to those creditors to pay off the rest within 18 months, when the club stabilises. If I was an investor, who was serious about getting this club into the Premiership within the next couple of years, in my opinion now is the time to strike a deal, not after entering administration and the 10 pts deduction and the drop in value in the playing squad and all the other nasties that come with it.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 9:20 pm

Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?



Yes of course.
The chance to turn it around would be awesome.

I just asked my mum for £30m for my birthday and got a fuckin digital radio :(

What else would you do with £100m ? Even my wife couldnt spend that.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 9:46 pm

Lawnmower wrote:
Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?



Yes of course.
The chance to turn it around would be awesome.

I just asked my mum for £30m for my birthday and got a fuckin digital radio :(

What else would you do with £100m ? Even my wife couldnt spend that.


When the Euromillions was at something li £133million, I got a promise from my wife that I could take £40million to buy the city and stick some cash in a player fund. She's a good girl.

Re: IF I HAD £100 MILLION IN CASH

Thu Mar 11, 2010 9:50 pm

IF I HAD £100M - I'D USE THE INTEREST TO PAY THE PLAYERS WEEKLY WAGES!!!

Re: IF I HAD £100 MILLION IN CASH

Fri Mar 12, 2010 8:35 am

100 million isnt that what Ben Steele had lol

Re: IF I HAD £100 MILLION IN CASH

Fri Mar 12, 2010 9:21 am

If I had £40m I would buy the club and pay off all the debts. I can live without the money but I can't live without CCFC. :cry:

Re: IF I HAD £100 MILLION IN CASH

Fri Mar 12, 2010 11:07 am

Tony Blue Williams wrote:If I had £40m I would buy the club and pay off all the debts. I can live without the money but I can't live without CCFC. :cry:



Quality post!!!!

Re: IF I HAD £100 MILLION IN CASH

Fri Mar 12, 2010 11:33 am

If I had £100 million in cash, I would buy the stadium and lease it back. Nominal rent for the City, sky high rent for the Blues

Re: IF I HAD £100 MILLION IN CASH

Fri Mar 12, 2010 11:51 am

Forever Blue wrote:I Promise you I would not Buy Cardiff City at This Moment and Take on What I worked out with someone last Night to be £39 Million of Debts. I would wait till they went in to administration and then go for it.

Would you Be Honest ?

Annis I said that 2 months or so ago, anyone would be mad to do it.