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Thread: Tan continues to erase debts

  1. #1

    Tan continues to erase debts

    https://www.walesonline.co.uk/sport/...-down-15944305

    I must admit I was dubious that he'd actually do any of this but he seems to be a man of his word

  2. #2

    Re: Tan continues to erase debts

    Don’t think the club has ever been run as well as it is now.

  3. #3

    Re: Tan continues to erase debts

    Made 1 awful mistake which he rectified that aside he must be the best owner we’ve ever had yet some so called fans want to still lick scams arse

  4. #4

    Re: Tan continues to erase debts

    So what is the bottom line?

    Will we ever be debt free?

    Will we ever have a season where we break even?

    It sounds to me like the club is still making losses and our debt is still going up. I don’t really know if the owners cash injections just prevent the debt from increasing or if , within a few seasons, the debt-to-equity will result in a debt free club.

  5. #5

    Re: Tan continues to erase debts

    Quote Originally Posted by Divine Wright View Post
    So what is the bottom line?

    Will we ever be debt free?

    Will we ever have a season where we break even?

    It sounds to me like the club is still making losses and our debt is still going up. I don’t really know if the owners cash injections just prevent the debt from increasing or if , within a few seasons, the debt-to-equity will result in a debt free club.
    I’d hope that this season we will make a profit.

    Although not as much as some would expect.

    Perhaps £10-20m

  6. #6

    Re: Tan continues to erase debts

    Quote Originally Posted by jamieccfc View Post
    Made 1 awful mistake which he rectified that aside he must be the best owner we’ve ever had yet some so called fans want to still lick scams arse
    Makes it sound like he hired Di Canio as manager and doesn't reflect the turnaround that's going on.

  7. #7

    Re: Tan continues to erase debts

    Quote Originally Posted by Lawnmower View Post
    I’d hope that this season we will make a profit.

    Although not as much as some would expect.

    Perhaps £10-20m

    Looking at what it cost wolves to go up and get the squad they did it makes you wonder? It’s almost beyond reach for most to be able to compete in the PL post promotion. Look at Fulham despite blowing 100 million.....look at the jacks black hole.....is it worth it?

  8. #8

    Re: Tan continues to erase debts

    Quote Originally Posted by Lawnmower View Post
    I’d hope that this season we will make a profit.

    Although not as much as some would expect.

    Perhaps £10-20m
    I'd agree 10 or 20 tops, and we could easily lose that again next year

  9. #9

    Re: Tan continues to erase debts

    The Walesonline article seems to lifted completely from Keith Morgan’s commentary on the Club’s accounts posted on here a couple of weeks ago. So, old news as far as we are concerned.

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