| Cardiff City Takeover nearly complete 23:33 - Oct 9 with 6740 views | JackoBoostardo |
And this will be closely followed by its liquidation and sale of assets, then followed by the spiral into the void.
http://www.walesonline.co.uk/sport/football/football-news/cardiff-city-owner-vin
Bluebirds owner Vincent Tan is on course to complete a 98 per cent buyout of the club, by buying shares off former chairman Steve Borley and investors Paul Guy and Mike Hall.
98%!!!
What a top job he's doing! [Post edited 9 Oct 2013 23:34]
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| Cardiff City Takeover nearly complete on 11:12 - Oct 10 with 5028 views | Catullus |
And if he does convert all that debt to equity we'll all be left with lots of egg dripping from our collective faces, IF!!
But given the latest fiasco I have to wonder how he made so much money. Is he very shrewd or, completely bonkers and a very lucky man? |  |
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| Cardiff City Takeover nearly complete on 11:51 - Oct 10 with 4935 views | blaine_scfc |
The guy is a bit of a loon, but if I had a pound every time I heard cardiff were going to go in to liquidation i would be a rich man. He will be pumping money in to them for a few years yet. |  | | |
| Cardiff City Takeover nearly complete on 13:02 - Oct 10 with 4709 views | Uxbridge |
He'll only liquidate if that's the best way of maximising his income. At the moment it wouldn't make sense. If they get relegated .... well, that's another kettle of fish. |  |
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| Cardiff City Takeover nearly complete on 13:09 - Oct 10 with 4670 views | raynor94 |
A bit of perspective needed here he has pumped in £140 million he`s hardly going to walk away, they are stuck with him for quite a while yet. let`s hope Malky has had a gutful |  |
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| Cardiff City Takeover nearly complete on 13:21 - Oct 10 with 4601 views | Uxbridge |
| Cardiff City Takeover nearly complete on 13:09 - Oct 10 by raynor94 |
A bit of perspective needed here he has pumped in £140 million he`s hardly going to walk away, they are stuck with him for quite a while yet. let`s hope Malky has had a gutful |
No he hasn't. The club have borrowed £140m. I'd be mildly surprised if even a quarter of that was out of his own bankroll. | |
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| Cardiff City Takeover nearly complete on 13:22 - Oct 10 with 4594 views | monmouth |
| Cardiff City Takeover nearly complete on 13:09 - Oct 10 by raynor94 |
A bit of perspective needed here he has pumped in £140 million he`s hardly going to walk away, they are stuck with him for quite a while yet. let`s hope Malky has had a gutful |
It's presumably all about selling on as a going concern to an even bigger numpty presumably. Or extracting as much of the TV money as possible through debt repayments and dividends (if he can show a nominal profit) whilst keeping them in the PL. In the meantime he will do all h can to appeal to that prospective numpty (cetainly asian) buyer/investor. So red shirts and dragons and God knows what else it is. If he can't sell and things go wrong on the field, then things may wll become a little bit interesting and even more nutty. |  |
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| Cardiff City Takeover nearly complete on 00:21 - Oct 11 with 4158 views | JackoBoostardo |
We all knew (with the exception of the blind Cardiff supporters) that Tan was purely in this for the money. He has absolutely no interest in the club, team or supporters as we can see - and he is blatant with his actions.
My comments on liquidation were tongue in cheek - he does now have an interest in Cardiff but I do not believe all of the so called money invested is his own. Additionally, this walking goof merchant is a sesame seed short of a bigmac - he clearly isn't all there.
What would happen if he started "doing a Petty" and started selling players - as he now owns the vast outright majority of the club? Would the fans be able to bail their club out and buy Tan out of this share? Bearing in mind the shares held and overall debt that now needs to be repaid? It's a far cry from the fans uprising that Swansea made.
But who's to say Tan won't keep goofing up - making his stock value plummet? Pulling out may seem an option in this case.
This is quite a remarkable story - even for football. Personally, I'm also enjoying every second of it. | |
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| Cardiff City Takeover nearly complete on 07:00 - Oct 11 with 4054 views | Lord_Bony |
There is nothing the fans ,players,management can do now.
He owns the lot and can pull the plug anytime he wants to call in the cash.
By the time this vampire has finished sucking every last drop from CCFC inc there won t be much left just a dried up husk of it s former self.
If he can sack his main scout and replace him with an un experienced painter and decorator just to piss off Malky,then there's no telling what this fruit loop will get up to in the near future.
If the fans turn against him then things will get real nasty....you mark my words here. |  |
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| Cardiff City Takeover nearly complete on 07:57 - Oct 11 with 3964 views | longlostjack |
I would have thought that now is the best time for him to sell the club. Maybe he's deliberately creating a selling story top four potential but selling for personal reasons ( fan opposition to my plans) etc. If no buyer is found it's asset stripping time! |  |
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| Cardiff City Takeover nearly complete on 08:02 - Oct 11 with 3948 views | aberdude |
| Cardiff City Takeover nearly complete on 07:57 - Oct 11 by longlostjack |
I would have thought that now is the best time for him to sell the club. Maybe he's deliberately creating a selling story top four potential but selling for personal reasons ( fan opposition to my plans) etc. If no buyer is found it's asset stripping time! |
asset strip>>>>>I like that one>>>>>fk me if this guy cashed in both welsh clubs..he wouldn't have enough money 2 décor his bathroom. | | | |
| Cardiff City Takeover nearly complete on 08:07 - Oct 11 with 3928 views | el_pancho |
Surely Tan would have made bad investments before - at what point does he think enough is enough and cut his losses and just go on a salvage mission?
Otherwise he will end up pouring more into this empty hole.
He will never make 140m back from CCFC.
I feel his end game is to get back as much as possible from the club. | |
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| Cardiff City Takeover nearly complete on 08:08 - Oct 11 with 3926 views | WarwickHunt |
| Cardiff City Takeover nearly complete on 08:02 - Oct 11 by aberdude |
asset strip>>>>>I like that one>>>>>fk me if this guy cashed in both welsh clubs..he wouldn't have enough money 2 décor his bathroom. |
How do you "décor" a bathroom, f*ckwit? |  | | |
| Cardiff City Takeover nearly complete on 08:19 - Oct 11 with 3894 views | aberdude |
| Cardiff City Takeover nearly complete on 08:08 - Oct 11 by WarwickHunt |
How do you "décor" a bathroom, f*ckwit? |
f*ckwit.....lol
its when someone gets a bathroom that isn't placed in a shed in the back yard..........then you can have the luxury décor and the comfort.....you could even light a few scented candles>>>>>yes I did say that "scented" yes scented candles>>>>>>what are them I here you ask>>>>u will get them in about twenty years time <ok>
wowik nice place for the welsh hey | | | |
| Cardiff City Takeover nearly complete on 08:24 - Oct 11 with 3873 views | Al_Bundy |
Second city syndrome thread again... zzz | | | |
| Cardiff City Takeover nearly complete on 08:26 - Oct 11 with 3868 views | Snowgoon |
| Cardiff City Takeover nearly complete on 08:19 - Oct 11 by aberdude |
f*ckwit.....lol
its when someone gets a bathroom that isn't placed in a shed in the back yard..........then you can have the luxury décor and the comfort.....you could even light a few scented candles>>>>>yes I did say that "scented" yes scented candles>>>>>>what are them I here you ask>>>>u will get them in about twenty years time <ok>
wowik nice place for the welsh hey |
I've noticed you've shoehorned a couple of "Welsh" references in your posts. Do you sit at your screen wearing a Welsh costume, whilst fondling a daffodil with Dafydd Iwan blasting out of the Ipodio? |  |
| Listen, you f*cking fringe, if I throw a dog a bone, I don't want to know if it tastes good or not. You stop me again whilst I'm walking, and I'll cut your f*cking Jacobs off |
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| Cardiff City Takeover nearly complete on 08:27 - Oct 11 with 3866 views | longlostjack |
| Cardiff City Takeover nearly complete on 08:02 - Oct 11 by aberdude |
asset strip>>>>>I like that one>>>>>fk me if this guy cashed in both welsh clubs..he wouldn't have enough money 2 décor his bathroom. |
Is that the same guy who's worried about a £10m overspend on his transfer budget  | |
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| Cardiff City Takeover nearly complete on 08:57 - Oct 11 with 3796 views | WarwickHunt |
| Cardiff City Takeover nearly complete on 08:19 - Oct 11 by aberdude |
f*ckwit.....lol
its when someone gets a bathroom that isn't placed in a shed in the back yard..........then you can have the luxury décor and the comfort.....you could even light a few scented candles>>>>>yes I did say that "scented" yes scented candles>>>>>>what are them I here you ask>>>>u will get them in about twenty years time <ok>
wowik nice place for the welsh hey |
"Décor" isn't a verb, f*ckwit.
Scented candles eh? Do you think they'll blend in with my Philippe Starck shower in the wet room?
I may consider them for the guest bedroom's en suite though. Ta, butt.
Aberdare - posh as f*ck. | | | |
| Cardiff City Takeover nearly complete on 09:37 - Oct 11 with 3712 views | Brynmill_Jack |
| Cardiff City Takeover nearly complete on 08:19 - Oct 11 by aberdude |
f*ckwit.....lol
its when someone gets a bathroom that isn't placed in a shed in the back yard..........then you can have the luxury décor and the comfort.....you could even light a few scented candles>>>>>yes I did say that "scented" yes scented candles>>>>>>what are them I here you ask>>>>u will get them in about twenty years time <ok>
wowik nice place for the welsh hey |
I think he knows what scented candles are you rem, he lives and has lived in London for quite a few years now. Outside bathrooms? Not down here old son, that's probably more likely down your neck of the woods. And as for his user name, try reading it quickly. It will all make sense then |  |
| Each time I go to Bedd - au........................ |
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| Cardiff City Takeover nearly complete on 10:28 - Oct 11 with 3614 views | hammy |
| Cardiff City Takeover nearly complete on 11:12 - Oct 10 by Catullus |
And if he does convert all that debt to equity we'll all be left with lots of egg dripping from our collective faces, IF!!
But given the latest fiasco I have to wonder how he made so much money. Is he very shrewd or, completely bonkers and a very lucky man? |
http://en.wikipedia.org/wiki/Vincent_Tan
From his WP page it seems to suggest that he has had friends in high places within the Malaysian Govt, which has helped him with his business interests ! Seems that he was able to purchase both the MacDonald's and national lottery franchises in the early 80s (supposedly without any competition). Probably no different to what goes on behind closed doors in most countries !!
I tend to give these self-made billionaires less credit than most people. Fair enough they have been able to generate extreme wealth but it usually relates to being in the right place at the right time with a huge slice of luck.
I think it's going to be very entertaining to see how the whole Carediff saga plays out over the coming months / years. Tan will get more and more erratic as his "business plans" are challenged / compromised by various people, including the press, and (hopefully) poor results on the field. |  |
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| Cardiff City Takeover nearly complete on 10:49 - Oct 11 with 3551 views | Brynmill_Jack |
| Cardiff City Takeover nearly complete on 10:28 - Oct 11 by hammy |
http://en.wikipedia.org/wiki/Vincent_Tan
From his WP page it seems to suggest that he has had friends in high places within the Malaysian Govt, which has helped him with his business interests ! Seems that he was able to purchase both the MacDonald's and national lottery franchises in the early 80s (supposedly without any competition). Probably no different to what goes on behind closed doors in most countries !!
I tend to give these self-made billionaires less credit than most people. Fair enough they have been able to generate extreme wealth but it usually relates to being in the right place at the right time with a huge slice of luck.
I think it's going to be very entertaining to see how the whole Carediff saga plays out over the coming months / years. Tan will get more and more erratic as his "business plans" are challenged / compromised by various people, including the press, and (hopefully) poor results on the field. |
Weren't there reports coming out of Malaysia that he'd had a bust up with their government over some of his gambling operations back home? | |
| Each time I go to Bedd - au........................ |
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| Cardiff City Takeover nearly complete on 10:56 - Oct 11 with 3538 views | Jackhero |
Just spoken to a hardcore Red (who is always in the know as well he'll tell you) and I had the most surprising answer back from him. I said Tan will f**k you up once he has 98%, His reply was.....'we're already F**ked!' |  |
| Tubbs: Will heaven be like Swansea? Edward: Yes, Tubbs. Only... bigger. |
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| Cardiff City Takeover nearly complete on 11:05 - Oct 11 with 3516 views | monmouth |
| Cardiff City Takeover nearly complete on 08:19 - Oct 11 by aberdude |
f*ckwit.....lol
its when someone gets a bathroom that isn't placed in a shed in the back yard..........then you can have the luxury décor and the comfort.....you could even light a few scented candles>>>>>yes I did say that "scented" yes scented candles>>>>>>what are them I here you ask>>>>u will get them in about twenty years time <ok>
wowik nice place for the welsh hey |
You thought he was from Warwick???
You really are a f***wit dude. | |
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| Cardiff City Takeover nearly complete on 11:15 - Oct 11 with 3503 views | WarwickHunt |
| Cardiff City Takeover nearly complete on 11:05 - Oct 11 by monmouth |
You thought he was from Warwick???
You really are a f***wit dude. |
I'm not convinced English is his first language... | | | |
| Cardiff City Takeover nearly complete on 11:34 - Oct 11 with 3449 views | hammy |
| Cardiff City Takeover nearly complete on 10:49 - Oct 11 by Brynmill_Jack |
Weren't there reports coming out of Malaysia that he'd had a bust up with their government over some of his gambling operations back home? |
Yes, thought there was something in the press a few years ago ... maybe that's why he's over here instead of over there ! | |
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| Cardiff City Takeover nearly complete on 11:47 - Oct 11 with 3401 views | Lord_Bony |
| Cardiff City Takeover nearly complete on 07:00 - Oct 11 by Lord_Bony |
There is nothing the fans ,players,management can do now.
He owns the lot and can pull the plug anytime he wants to call in the cash.
By the time this vampire has finished sucking every last drop from CCFC inc there won t be much left just a dried up husk of it s former self.
If he can sack his main scout and replace him with an un experienced painter and decorator just to piss off Malky,then there's no telling what this fruit loop will get up to in the near future.
If the fans turn against him then things will get real nasty....you mark my words here. |
He has said time and again if the fans turn against him then he will walk...
That is when he will be most dangerous like a cornered rat.
Out of spite I think he will throw a few grenades before he finally leaves.
Hope for CCFC sake it does nt come to that.personally,I would not want to see any british football league club with a long history get screwed over and dumped by the wayside by foreign businessmen who don t know what the feck they Re doing.Blackburn is a classic example. | |
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