View Full Version : Vincent is coming with a 'significant financial announcement'
Michael Morris
08-02-16, 17:13
Cardiff City owner Vincent Tan flies into UK this week ahead of significant financial announcement.
Tan will be at Cardiff's game on Saturday but it is understood a new deal for manager Russell Slade is not on the agenda despite his contract expiring at the end of the season
Cardiff City owner Vincent Tan will jet into the UK for a surprise visit this weekend and will watch the Bluebirds in action at Charlton.
But it is understood the future of manager Russell Slade will NOT be on the agenda despite the fact his current contract expires at the end of the season.
Tan's visit, however, is expected to be followed by a significant announcement in the coming weeks when he is likely to convert more of his debt to equity.
The Malaysian billionaire will fly in on Thursday and will be at The Valley to watch his side take on Charlton as Russell Slade's men look to keep in the Championship play-off hunt.
The club though insist the visit merely coincides with a business trip Tan is making to London anyway .
Despite the uncertainty surrounding Slade's future, talks with the manager over a new deal are not thought to be planned, although Tan is expected to meet with Slade during his stay.
In terms of the forthcoming financial announcement, reports suggest Tan is currently owed around £150m in the form of loans he has put into the club since taking charge. He has already converted around £13m of that into equity and more is now set to follow.
It remains unclear the amount Tan will now convert into shares. In the past he had spoken about turning all his input into the club into equity to make the club debt free, but with the amount growing he has since said that would not be feasible at this time.
Tan recently reached agreement to finally settle with the club's biggest and oldest creditor Langston, the Bluebirds agreeing to make a final payment of around £5m to settle the original £24m in loan notes taken out way back in 2003. Langston will be paid more when the club is promoted back to the Premier League.
The Charlton match will be the first time Tan has attended a Bluebirds game in person since he was at Cardiff's 2-2 draw with QPR at Loftus Road back in August.
Before that, his last game in the Welsh capital was against Fulham in January 2015 after his decision to reverse his controversial rebranding of the club.
After taking over the Bluebirds in May 2010, Tan was a familiar sight at Cardiff games. However, since expanding his football empire by buying Bosnian side FK Sarajevo and Belgium outfit KV Kortrijk, as well as investing in the MLS in America with Los Angeles FC, Tan's trips to see his first club have tailed off significantly.
http://www.walesonline.co.uk/sport/football/football-news/ca rdiff-city-owner-vincent-tan-10859239 (http://www.walesonline.co.uk/sport/football/football-news/cardiff-city-owner-vincent-tan-10859239)
Barry Dragon
08-02-16, 17:17
Tans seen leicester get success now he wants to try again with us.
tigerbaybluebird
08-02-16, 17:28
I've heard some debt to equity and Bellamy manager for next season, a two year plan in place then plus financial support for another crack at the premier league
If that's true I'll eat a spicy samosa
Jose is coming http://www.ccmb.co.uk/images/smiley_icons/malky.gif http://www.ccmb.co.uk/images/smiley_icons/malky.gif
He'll get that when he gets the Stadium naming rights cash. The twelfth of f*cking NEVER!
Look, here's where I am on tan.
He's a bit of a clown when it came to the red nonsense, but he invested heavily in us and this announcement will be his way back in with the fans.
HE WILL CONVERT ALL THE DEBT I'm telling you now mun.
He'll be the man next week
valley boy
08-02-16, 17:41
Pity(some) supporters have not backed the club like he has.
Quote:Agreed mate. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
Quote:
Tan recently reached agreement to finally settle with the club's biggest and oldest creditor Langston, the Bluebirds agreeing to make a final payment of around £5m to settle the original £24m in loan notes taken out way back in 2003. Langston will be paid more when the club is promoted back to the Premier League.This is seriously fecked up man.
Quote:
Tan recently reached agreement to finally settle with the club's biggest and oldest creditor Langston, the Bluebirds agreeing to make a final payment of around £5m to settle the original £24m in loan notes taken out way back in 2003. Langston will be paid more when the club is promoted back to the Premier League.
He'll get that when he gets the Stadium naming rights cash. The twelfth of f*cking NEVER! I know my head is pickled.
Crazy times. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
Crazy times. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gifTruBlue, you are by far the best poster on here. http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Crazy times. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
TruBlue, you are by far the best poster on here. http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif Not as good as you Steve. You're hilarious fair play. I always enjoy your posts. Best poster bar none. http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Crazy times. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
TruBlue, you are by far the best poster on here. http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Not as good as you Steve. You're hilarious fair play. I always enjoy your posts. Best poster bar none. http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif Thanks mate. And thanks for keeping that PM about where I've been having gay feelings for Sludge and Nugent secret. You are a mate. http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
Jeez, it's like watching Brokeback Mountain on here. http://www.ccmb.co.uk/images/smiley_icons/moon.gif
Jeez, it's like watching Brokeback Mountain on here. http://www.ccmb.co.uk/images/smiley_icons/moon.gif http://www.ccmb.co.uk/images/smiley_icons/hehe.gif Fair play
I hear he was behind the fix, associated with the log on problem on this board http://www.ccmb.co.uk/images/smiley_icons/bow.gif
Loya Jirga
08-02-16, 20:32
Oooh another Tan investment. I say name change.
Loya Jirga
08-02-16, 20:33
Look, here's where I am on tan.And just think of what all those stupid stay aways will be missing.
EdinburghBlue
08-02-16, 20:35
Cardiff City owner Vincent Tan flies into UK this week ahead of significant financial announcement.All getting a bit boring now.
If he really is looking to do the right thing, then great, lets have it.
Why is everyone ignoring valley boy, he is right Tan has made all the fans back off....
Look, here's where I am on tan.
He's a bit of a clown when it came to the red nonsense, but he invested heavily in us and this announcement will be his way back in with the fans. http://www.ccmb.co.uk/images/smiley_icons/hehe.gif
Mabinogion
09-02-16, 06:14
Another story seriously missing in any quotes or evidence. May as well have written 'FACT' at the end.
Jimmy the Jock
09-02-16, 07:15
Oooh another Tan investment. I say name change. Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Loya Jirga
09-02-16, 07:22
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
Ring_Peace
09-02-16, 07:51
Another story seriously missing in any quotes or evidence. May as well have written 'FACT' at the end.Tell me, what the actual benefit and change will be when this fabled 'debt to equity' unicorn becomes a reality? Anyone? Please enlighten me as I haven't got a clue.
Auntie Andy
09-02-16, 07:52
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?Yawn bloody Yawn http://www.ccmb.co.uk/images/smiley_icons/Dsmile.gif
the other bob wilson
09-02-16, 08:27
It's hard to put much faith in this story when they cannot even get the last game Vincent Tan attended in Cardiff right - he wasn't at the back to blue match against Fulham last season, he turned up about six weeks later when we played Wolves.
Alex DeLarge
09-02-16, 08:30
Anyway, Annie said we'd have good news in March. So it's clearly all bullshit.
IF there is any truth in this story, then on the back of him reversing the re-brand, any conversion of debt to equity surely has to be seen as another step towards acceptance of the error of his ways. Maybe we ought to cut him a little slack in response.
Harry Monk
09-02-16, 08:43
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out? http://www.ccmb.co.uk/images/smiley_icons/bow.gif
VT is going to unveil Mourinho as manager for next season with a substantial amount of money for players, all done within the FFP rules, can be done http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Jimmy the Jock
09-02-16, 09:21
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though. I have heard it all now.
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif No come on be fair, he did used to switch over at 19.27
Jimmy the Jock
09-02-16, 10:15
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??Eat your heart out Wolfie Smith.
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??He wanted to switch over but had already paid his Sky Subscription so wasn't fair on his family for him to waste money like that.
Alex DeLarge
09-02-16, 11:22
He wanted to switch over but had already paid his Sky Subscription so wasn't fair on his family for him to waste money like that. https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQFfe62lrbBka2bQBnCf5uC0dSQDOPxg a2YEFBVP1asCsZLHbBBM2wG8OaX
Loya Jirga
09-02-16, 12:47
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??
I have heard it all now.odd.
Loya Jirga
09-02-16, 12:50
VT is going to unveil Mourinho as manager for next season with a substantial amount of money for players, all done within the FFP rules, can be done http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif http://www.ccmb.co.uk/images/smiley_icons/hehe.gif
The Penguin
09-02-16, 13:01
Here is something that troubles me.
Tan has not been seen for a long time and this is only a rumour that he might be coming here this week. Its clear that for him, changing back to blue would have been a huge loss of face - that is important in the far east, very important.
So if he has lost face, backtracked on the colour, seen us relegated from the Premier League AND appoint a nobody from nowhere as manager, then exactly what is he after?
That does not suggest to me that he wants to convert his substantial debt to equity. Unless ive got this horrible wrong, we are a creditor of Vincent Tan. If he converts the debt to equity we no longer owe him that amount of money.
I cant see him popping up from nowhere to invest in this team when it would be just as easy to sell us off and pick another side out of a hat.
People are dreaming if they think VT is suddenly going to fall back in love with us. This divorce will be messy
October '68
09-02-16, 14:04
[quote title=valley boy wrote on Mon, 08 February 2016 17:41]Pity(some) supporters have not backed the club like he has. [/q
Tan is a "merchant banker", to use cockney rhyming slang! The sooner he departs from our club and takes Dalman and Choo Choo train with him the better http://www.ccmb.co.uk/images/smiley_icons/malky.gif
In all my 48 years of supporting the club I have never come across a man who has divided supporters the way he has http://www.ccmb.co.uk/images/smiley_icons/wave.gif
He is nothing but bad news for Cardiff City http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Another story seriously missing in any quotes or evidence. May as well have written 'FACT' at the end.Exactly.
Here is something that troubles me.Finding a buyer prepared to pay enough meet Vinnie's investment/loans won't be easy.
the other bob wilson
10-02-16, 06:40
Here is something that troubles me.Well, whatever he has got planned, he's meeting with the Trust tomorrow lunchtime in Cardiff.
Taunton Blue Genie
10-02-16, 07:27
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif Is a bitter armchair part of a three piece sweet?
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??
I have heard it all now.
No come on be fair, he did used to switch over at 19.27
fairplay, that made me laugh http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?sofar so good on that joke http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Sloop_Jon_Bee
10-02-16, 09:40
Here is something that troubles me.
Tan has not been seen for a long time and this is only a rumour that he might be coming here this week. Its clear that for him, changing back to blue would have been a huge loss of face - that is important in the far east, very important.Spedger
Loya Jirga
10-02-16, 14:33
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??
I have heard it all now.
No come on be fair, he did used to switch over at 19.27
fairplay, that made me laugh http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though. Hmmm, so it seems that by merely watching Cardiff on TV I am supposedly supporting the Tan regime. I saw a news clipping about Assad the other day, so I'm probably propping up his regime an' all.
Jimmy the Jock
10-02-16, 15:06
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??
I have heard it all now.
No come on be fair, he did used to switch over at 19.27
fairplay, that made me laugh http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif WOW Jirga the Jack has finally lost it.
Loya Jirga
10-02-16, 17:46
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??
I have heard it all now.
No come on be fair, he did used to switch over at 19.27
fairplay, that made me laugh http://www.ccmb.co.uk/images/smiley_icons/thumbup.gif
Oooh another Tan investment. I say name change.
Mr Bitter is on board now.
Bit worried we make it back to the premier league and he has to dig his red scarf back out?
Not at all, just wondering what conditions you may have to accept for another shot at the big time. I didn't watch them in the PL , except on TV. Watched every home game and a few always when they finished 90th in the league though.
http://www.ccmb.co.uk/images/smiley_icons/bow.gif
A bitter armchair fan??Sadly, you beat me to it - you've been a jibbering wreck for the past 8 months. I've posted some other stuff - go on, reply to it. You usually do with boring predictability.
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