Just over 24 hours to go. I remain hopeful and believe we will bring new players in.

[NottinghamBlue]

about 12 million a year isn't it?

I thought that it was about 3million a month.

[jon1959]

about 12 million a year isn't it?

I thought that it was about 3million a month.

Maybe Keith Morgan can give an update on the level of funding Tan puts into the club?

In March last year Keith (for the Trust) published his annual summary of the club accounts (in that case the accounts to May 2022) and included this section:

There are important matters to note in respect of the debt due to Vincent Tan

a There were new loans of £19.8m made by him in the year, with repayments to him and his family of only £1.1m

b In the year he converted £6.6m of debt due to him into shares

c Just after the year end, in June 2022 he converted a further £19m of debt into shares

d Of the total due to Vincent Tan £51.2m carries interest at 7% and rights to convert into shares. The rest carries no interest and has no conversion rights. Interest payable has always historically been waived by Vincent Tan.

Tan's financial support has fluctuated over the years (I think it went up a lot during Covid?) but my reading of the commentary is that he was putting in about £1.5 million per month in the year to May 2022. That may have reduced since. The next set of accounts to May 2023 (and Keith's commentary) should be out in just over a month.

[A Quiet Monkfish]

Maybe Keith Morgan can give an update on the level of funding Tan puts into the club?

In March last year Keith (for the Trust) published his annual summary of the club accounts (in that case the accounts to May 2022) and included this section:

There are important matters to note in respect of the debt due to Vincent Tan

a There were new loans of £19.8m made by him in the year, with repayments to him and his family of only £1.1m

b In the year he converted £6.6m of debt due to him into shares

c Just after the year end, in June 2022 he converted a further £19m of debt into shares

d Of the total due to Vincent Tan £51.2m carries interest at 7% and rights to convert into shares. The rest carries no interest and has no conversion rights. Interest payable has always historically been waived by Vincent Tan.

Tan's financial support has fluctuated over the years (I think it went up a lot during Covid?) but my reading of the commentary is that he was putting in about £1.5 million per month in the year to May 2022. That may have reduced since. The next set of accounts to May 2023 (and Keith's commentary) should be out in just over a month.

Which suggests that reports of us spending up to £6.3m on a relatively average striker were either completely wrong, or else the club's completely clueless when it comes to player acquisitions..

[Enoch Mort]

Which suggests that reports of us spending up to £6.3m on a relatively average striker were either completely wrong, or else the club's completely clueless when it comes to player acquisitions..

Mehmet Dalman has publicly stated that he would like a Director of Football. He actually said that of all the Boards he sits on Cardiff City is the only one without anyone on the Board with any expertise in the business we are actually in. So it does make you wonder who is providing the advice on player acquisition and whoever it is, that advice is unbiased and with the best interests of the club at heart. Something that was never exactly certain under previous management.