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Thread: Takeover soon?

  1. #1

    Takeover soon?


  2. #2

    Re: Takeover soon?

    Hopefully. Mentioned in the other thread but Tan has left the club to rot in recent seasons and if we can move on as soon as possible then that would be ideal.

  3. #3

    Re: Takeover soon?

    Doubt it.

    It will take someone with serious money.

    1 of the expressions of interest was probably Sam Hammam.😂

  4. #4

    Re: Takeover soon?

    Mike Ashley incoming if he can't buy Derby....

  5. #5

    Re: Takeover soon?

    5 bob and a packet of OXO crisps should be enough

  6. #6

    Re: Takeover soon?

    are we really losing £2m a month? the last few years we've lost £11-12 million a year haven't we?

  7. #7

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    Hopefully. Mentioned in the other thread but Tan has left the club to rot in recent seasons and if we can move on as soon as possible then that would be ideal.
    I really don't know how someone can have the gall to post something like that, bearing in mind how much it costs to run the club and the amount of money he puts in just to keep it going. If he ‘left the club to rot’ we wouldi be bankrupt, end of.

  8. #8

    Re: Takeover soon?

    Quote Originally Posted by dml1954 View Post
    I really don't know how someone can have the gall to post something like that, bearing in mind how much it costs to run the club and the amount of money he puts in just to keep it going. If he ‘left the club to rot’ we wouldi be bankrupt, end of.
    We run at a loss because of years of mismanagement at all levels of the football club, a laughable double act of Ken Choo and Dalman at the heart of the club who have other interests and Tan's refusal to spend time and effort in getting proper football people on board. If we are running at a supposed heavy loss that he keeps plugging the gap on, then who's fault is that?

  9. #9

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    We run at a loss because of years of mismanagement at all levels of the football club, a laughable double act of Ken Choo and Dalman at the heart of the club who have other interests and Tan's refusal to spend time and effort in getting proper football people on board. If we are running at a supposed heavy loss that he keeps plugging the gap on, then who's fault is that?
    Don’t most football clubs operate at a loss?

  10. #10

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    We run at a loss because of years of mismanagement at all levels of the football club, a laughable double act of Ken Choo and Dalman at the heart of the club who have other interests and Tan's refusal to spend time and effort in getting proper football people on board. If we are running at a supposed heavy loss that he keeps plugging the gap on, then who's fault is that?
    almost all championship clubs make losses every year

  11. #11

    Re: Takeover soon?

    Quote Originally Posted by Canton Kev View Post
    Don’t most football clubs operate at a loss?
    Agreed but not to the extent that we have, especially having been up to the Premier League twice and spent very little in comparison to others in an attempt to stay up. Most clubs debts comes from overspending and "having a go" at promotion and failing to get there, we haven't done that. We have wasted money via Warnock and others because of the set up, which has led to us being in a much worse position than most clubs and only now getting over it. The reason we have wasted so much money is because of a lack of football people that has led to dreadful spending at all levels of the club, and he is the one overseeing all of that. We won't be getting taken over whilst the court case is ongoing anyway but this club in the right hands is an attractive proposition long term. If we became established in the PL then we would get 30k every week, there will be buyers out there in the long term but Tan would need to swallow some pride and take a big financial hit on the sale price as a result of the way he has ran the club over the past eight years.

  12. #12

    Re: Takeover soon?

    It's worth a punt for somebody who can finance a push for long-term Premier League football, but it's a gamble and Tan messed up both of his chances, so I can understand his diminished appetite.

  13. #13

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    Agreed but not to the extent that we have, especially having been up to the Premier League twice and spent very little in comparison to others in an attempt to stay up. Most clubs debts comes from overspending and "having a go" at promotion and failing to get there, we haven't done that. We have wasted money via Warnock and others because of the set up, which has led to us being in a much worse position than most clubs and only now getting over it. The reason we have wasted so much money is because of a lack of football people that has led to dreadful spending at all levels of the club, and he is the one overseeing all of that. We won't be getting taken over whilst the court case is ongoing anyway but this club in the right hands is an attractive proposition long term. If we became established in the PL then we would get 30k every week, there will be buyers out there in the long term but Tan would need to swallow some pride and take a big financial hit on the sale price as a result of the way he has ran the club over the past eight years.
    yes we completely wasted the premier League money, and we are now operating in a completely different market than we have for years, we need to be smarter and build back up over a few years.

    there are signs that the club are already trying to do that, the focus on youth and the activity in the transfer market suggests that lessons have been learned already.

    if a new owner comes in, who knows whether they'll be any better?

    if tan wants to sell it'll probably be because his other businesses have taken such a hit from covid and doesn't want to keep propping us up.

  14. #14

    Re: Takeover soon?

    sadly our losses are fairly unremarkable for this division

  15. #15

    Re: Takeover soon?

    Quote Originally Posted by Wales-Bales View Post
    It's worth a punt for somebody who can finance a push for long-term Premier League football, but it's a gamble and Tan messed up both of his chances, so I can understand his diminished appetite.
    so what's he hanging around for? he could sell up and lick his wounds. just asking

  16. #16

    Re: Takeover soon?

    Quote Originally Posted by ToTaL ITK View Post
    so what's he hanging around for? he could sell up and lick his wounds. just asking
    who knows? why do any of them do it?

  17. #17

    Re: Takeover soon?

    Quote Originally Posted by ToTaL ITK View Post
    so what's he hanging around for? he could sell up and lick his wounds. just asking
    I think it would take a more hands type of person or group to achieve long-term results. Tan may have fancied another go, but his business empire in Malaysia has taken a hit, so it makes sense for him to seek an exit. There are a few other things, but I can't mention them on here.

  18. #18

    Re: Takeover soon?

    Quote Originally Posted by ToTaL ITK View Post
    so what's he hanging around for? he could sell up and lick his wounds. just asking
    No genuine offers would be my guess.

  19. #19

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    Hopefully. Mentioned in the other thread but Tan has left the club to rot in recent seasons and if we can move on as soon as possible then that would be ideal.
    Who do you think is paying the wages and other bills? Genuine question

  20. #20

    Re: Takeover soon?

    Quote Originally Posted by delmbox View Post
    Who do you think is paying the wages and other bills? Genuine question
    The club, who are consistently operating at a loss, so he then covers them losses. Who do you blame for all the money wasted in recent years? Genuine question.

  21. #21

    Re: Takeover soon?

    Quote Originally Posted by Hilts View Post
    No genuine offers would be my guess.
    some bloke from Guernsey?

  22. #22

    Re: Takeover soon?

    Quote Originally Posted by SunderlandBluebird View Post
    The club, who are consistently operating at a loss, so he then covers them losses. Who do you blame for all the money wasted in recent years? Genuine question.
    In the most recent years - Tan, Dalman, Choo, Warnock, Harris, McCarthy. But to say that the man who's putting in millions a year has "left the club to rot" is patently ridiculous

  23. #23

    Re: Takeover soon?

    Quote Originally Posted by delmbox View Post
    In the most recent years - Tan, Dalman, Choo, Warnock, Harris, McCarthy. But to say that the man who's putting in millions a year has "left the club to rot" is patently ridiculous
    Well quite. I remember the pre Tan days when Cardiff City lurched from one financial crisis to another. Tan got it badly wrong over the change to red strips but otherwise he has imo been a very good owner. Be careful what you wish for.

  24. #24

    Re: Takeover soon?

    Quote Originally Posted by delmbox View Post
    In the most recent years - Tan, Dalman, Choo, Warnock, Harris, McCarthy. But to say that the man who's putting in millions a year has "left the club to rot" is patently ridiculous
    Which all falls on Tan and his lack of getting proper football people on board and not a couple of chancers that to the best of my knowledge have next to no football experience and several other interests to be seeing too as well as Cardiff City.

    It is within his interests to cover the losses if he ever wants to recoup anything, but the club has been a shambles off the pitch and an absolute amatuer organisation under his watch for many years so call it what you like but it has clearly not been a priority for him for a long time, can phrase that how you like but the point remains.

  25. #25

    Re: Takeover soon?

    We're ready for a change IMO and if it happens I'm ready to look upon it optimistically. There's no reason to believe the new owners won't be far better than the current one. Let's embrace change positively.

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