View Full Version : What would stop Tan doing a 'Hammam' if he chose to do so?
What would stop VT doing similar to what Hammam did?
These owners don't exactly publicise the facts of their true intentions while still at the club. Usually not until they have left the club and you suddenly see the other side of their character.
Sam Hammam changed from loveable, fun owner to the clubs main enemy almost overnight. What would stop VT doing something similar?
It seems beyond odd that an owner has had interest in others buying the club and blankly refused to even entertain them (info from recent meetings with Dalman) but seems content on cutting club expenses in any way they can while still pumping money in.
It all seems very odd. Why would somebody like VT hold onto a club like Cardiff City on it's current inevitable (due to the above mentioned cost cutting) slide.
UNDERHILL1927
24-10-21, 15:26
Good questions mate. The blind faith some people have in Tan (mainly because they nailed their literal colours to the mast 9 years ago and are too stubborn to back track) is ridiculous.
Tan can say all he wants but none of really know what is going on (and neither should we have to be overly concerned) but....the extreme lack of trust in anyone running the football club means we are worried
Good questions mate. The blind faith some people have in Tan (mainly because they nailed their literal colours to the mast 9 years ago and are too stubborn to back track) is ridiculous.
Tan can say all he wants but none of really know what is going on (and neither should we have to be overly concerned) but....the extreme lack of trust in anyone running the football club means we are worried
It just seems odd to me.
If your average bloke on the street had a house that was falling into a state of disrepair that you were sinking money into that you wouldn't see back and you were offered a half decent amount you'd snap their hand off.
Why is he keeping hold of a club he is no longer interested in, seems to have no intention of pushing for promotion with anytime soon and is costing him millions a month personally? One that will lose value and continue to do so with the 'plans' we have in place that is basically spend nothing on it while slowly sliding down the leagues. All this on top of his other business losses.
UNDERHILL1927
24-10-21, 15:34
It just seems odd to me.
If your average bloke on the street had a house that was falling into a state of disrepair that you were sinking money into that you wouldn't see back and you were offered a half decent amount you'd snap their hand off.
Why is he keeping hold of a club he is no longer interested in, seems to have no intention of pushing for promotion with anytime soon and is costing him millions a month personally? One that will lose value and continue to do so with the 'plans' we have in place that is basically spend nothing on it while slowly sliding down the leagues. All this on top of his other business losses.
I don't know enough about the actual offers that may or may not have been put on the table. If we did have any solid offers (Hammam aside) then I concur, seems ridiculous he didn't take them.
I don't know enough about the actual offers that may or may not have been put on the table. If we did have any solid offers (Hammam aside) then I concur, seems ridiculous he didn't take them.
Surely any offer would at least be considered if it is costing him the amounts they have said it is.
Add to the fact he isn't looking to turn us into a club that is in danger of increasing in value any time soon.
Why would somebody keep hold of a club that is costing them millions per month and decreasing in value and league placings?
It just seems odd to me.
If your average bloke on the street had a house that was falling into a state of disrepair that you were sinking money into that you wouldn't see back and you were offered a half decent amount you'd snap their hand off.
Why is he keeping hold of a club he is no longer interested in, seems to have no intention of pushing for promotion with anytime soon and is costing him millions a month personally? One that will lose value and continue to do so with the 'plans' we have in place that is basically spend nothing on it while slowly sliding down the leagues. All this on top of his other business losses.
Ok, agreed, he might screw us over.
Now what?
JumpersforGoalposts
24-10-21, 15:47
What would stop VT doing similar to what Hammam did?
These owners don't exactly publicise the facts of their true intentions while still at the club. Usually not until they have left the club and you suddenly see the other side of their character.
Sam Hammam changed from loveable, fun owner to the clubs main enemy almost overnight. What would stop VT doing something similar?
It seems beyond odd that an owner has had interest in others buying the club and blankly refused to even entertain them (info from recent meetings with Dalman) but seems content on cutting club expenses in any way they can while still pumping money in.
It all seems very odd. Why would somebody like VT hold onto a club like Cardiff City on it's current inevitable (due to the above mentioned cost cutting) slide.
He's an ageing multi-millionaire (to the tune of the best part of a billion) and is probably now focused on his personal legacy "issues".
He probably won't sell unless it shows his stewardship of the club to have been a positive thing.
I doubt theres been any serious offers and I bet one is from someone suing us.
Former Labour leader
24-10-21, 15:53
He's an ageing multi-millionaire (to the tune of the best part of a billion) and is probably now focused on his personal legacy "issues".
He probably won't sell unless it shows his stewardship of the club to have been a positive thing.
I tend to agree with you. His Malaysian heritage and culture will have a lot to do with it. He will not be thinking along the same lines as a Brit.
gabbsthenewt
24-10-21, 16:01
It seems beyond odd that an owner has had interest in others buying the club and blankly refused to even entertain them
At least he's not comp-ing the bar at Kiwis for fake millionaires pretending to want to buy us :hehe:
4625
stan butler
24-10-21, 16:06
What would stop VT doing similar to what Hammam did?
These owners don't exactly publicise the facts of their true intentions while still at the club. Usually not until they have left the club and you suddenly see the other side of their character.
Sam Hammam changed from loveable, fun owner to the clubs main enemy almost overnight. What would stop VT doing something similar?
It seems beyond odd that an owner has had interest in others buying the club and blankly refused to even entertain them (info from recent meetings with Dalman) but seems content on cutting club expenses in any way they can while still pumping money in.
It all seems very odd. Why would somebody like VT hold onto a club like Cardiff City on it's current inevitable (due to the above mentioned cost cutting) slide.
We won't know until he goes and he doesn't say bugger all so we are in the dark at present.
Unlike Hammam who was sussed by many long before he went..
stan butler
24-10-21, 16:07
At least he's not comp-ing the bar at Kiwis for fake millionaires pretending to want to buy us :hehe:
4625
I remember that fella from Jersey or similar?
And who can forget Jim Cadman :hehe:
He's an ageing multi-millionaire (to the tune of the best part of a billion) and is probably now focused on his personal legacy "issues".
He probably won't sell unless it shows his stewardship of the club to have been a positive thing.
If I was so concerned about my legacy, I'd be a bit more careful about my decision making and if I was in a situation like Tan is at Cardiff City I'd start looking for the best people to guide me and I'd listen to what they were saying. Tan seems like the kind of person that's so focused on himself that he hasn't begun to consider a world that he's no longer the centre of.
stan butler
24-10-21, 16:21
If I was so concerned about my legacy, I'd be a bit more careful about my decision making and if I was in a situation like Tan is at Cardiff City I'd start looking for the best people to guide me and I'd listen to what they were saying. Tan seems like the kind of person that's so focused on himself that he hasn't begun to consider a world that he's no longer the centre of.
Well said
If I was so concerned about my legacy, I'd be a bit more careful about my decision making and if I was in a situation like Tan is at Cardiff City I'd start looking for the best people to guide me and I'd listen to what they were saying. Tan seems like the kind of person that's so focused on himself that he hasn't begun to consider a world that he's no longer the centre of.
This is the reason for my original post.
It defies logic to keep ploughing money and accumulating debt for a club you've lost interest in and seem way past your intention to push them to the next level.
I hope it is a vanity thing because this could be Hammam on a whole bigger scale if he goes after his debt in the courts.
gabbsthenewt
24-10-21, 16:27
I remember that fella from Jersey or similar?
And who can forget Jim Cadman :hehe:
Lol - Ben Steele 32 from Guernsey said he was worth £200m then disappeared off the face of the earth.
A Quiet Monkfish
24-10-21, 16:32
Surely any offer would at least be considered if it is costing him the amounts they have said it is.
Add to the fact he isn't looking to turn us into a club that is in danger of increasing in value any time soon.
Why would somebody keep hold of a club that is costing them millions per month and decreasing in value and league placings?
Possibly because anyone looking at the 'books' will see the huge wage bill and run away. The club's a much better proposition for any buyer when the club has reduced the wage bill and large contract liabilities - providing the club is still in the Championship..
He's an ageing multi-millionaire (to the tune of the best part of a billion) and is probably now focused on his personal legacy "issues".
He probably won't sell unless it shows his stewardship of the club to have been a positive thing.
Bloody Hell, if that's the case let's hope he lives till he's 200?
Possibly because anyone looking at the 'books' will see the huge wage bill and run away. The club's a much better proposition for any buyer when the club has reduced the wage bill and large contract liabilities - providing the club is still in the Championship..
That's alright.
Once this season ends our total wage bill will be about £10,000 a week with 10 former under 23s in the starting 11 in League 1.
How much larger is our wage bill than say your Blackburns or Millwalls of this league? Is our squad much more extravagant than theirs? I mean this season, not seasons gone by when we had PL or parachute payments.
Splott-light...
24-10-21, 16:39
I don't know why fans invest so much concern in the clubs finances, didn't anybody learn anything over the past 20 years following the club, Cardiff City is, and in recent times has always been a poorly run business, and we are customers, the bossman himself told us all in a public statement what we should do if we weren't happy with the product..
splott parker
24-10-21, 18:21
Somehow I can’t see Tan up Pen-Y-Fan queueing at the ice cream van.
LeningradCowboy
24-10-21, 18:33
That's alright.
Once this season ends our total wage bill will be about £10,000 a week with 10 former under 23s in the starting 11 in League 1.
How much larger is our wage bill than say your Blackburns or Millwalls of this league? Is our squad much more extravagant than theirs? I mean this season, not seasons gone by when we had PL or parachute payments.
We've still got Smithies, Morrison, Ralls, and Bacuna on the contracts that they signed when we were in the Premier League. We're probably paying a fair chunk of Murphy's wages as well.
gabbsthenewt
24-10-21, 18:37
Not to mention £7m of contingent future liabilities related to potential future costs regarding players registrations and transfers as at May 2020 mentioned in the last published accounts. Think the idea is there are a number of bumper clauses on said players bought during the good times, the club plans on us not having to pay one way or another. (Ie.getting them to the end of their contracts without trigger point for clauses met). They believe the likelihood is low enough for them to not have to make provision for them, but material enough to note the existence of.
SLUDGE FACTORY
24-10-21, 18:44
Tan can do whatever he wants , it's his club
Many years ago the trust was set up to give the fans a voice
But the vast majority of Cardiff City fans were not interested . And the rest openly hostile .
So we lay down for the change to red
And now everybody is getting stressed out ?
I am afraid Tan is in total control
A Quiet Monkfish
24-10-21, 19:12
That's alright.
Once this season ends our total wage bill will be about £10,000 a week with 10 former under 23s in the starting 11 in League 1.
How much larger is our wage bill than say your Blackburns or Millwalls of this league? Is our squad much more extravagant than theirs? I mean this season, not seasons gone by when we had PL or parachute payments.
2019/20 Blackburn £16m, Millwall £13m City £46m, but, yes, probably a lot less last season, and even less this season. Maybe in the £20 - £25m now ??
2019/20 Blackburn £16m, Millwall £13m City £46m, but, yes, probably a lot less last season, and even less this season. Maybe in the £20 - £25m now ??
And how much is Tan putting in or did he say at the last time it was talked about?
I'm assuming those other clubs have owners covering their shortfalls too? If not, how do they do it?
That wage bill has risen under the ownership of Tan so if he needs anybody to hold accountable he should look in the mirror.
SLUDGE FACTORY
24-10-21, 19:20
And how much is Tan putting in or did he say at the last time it was talked about?
I'm assuming those other clubs have owners covering their shortfalls too? If not, how do they do it?
That wage bill has risen under the ownership of Tan so if he needs anybody to hold accountable he should look in the mirror.
Don't you understand?
He probably doesn't care
It's his club , he can do what he wants
He is not going to look in the mirror , this is just peanuts to him
Don't you understand?
He probably doesn't care
It's his club , he can do what he wants
He is not going to look in the mirror , this is just peanuts to him
He owns the club sludge. I get it.
The club is that of the fans for me. Without them Tan owns a club that is worthless. People should remember that. This club is nothing without the fans. A shell.
If I was him I would care though. If I could change what I did and save myself millions and get more success into the bargain I would listen to the advice and change my methods.
gabbsthenewt
24-10-21, 19:27
That's alright.
Once this season ends our total wage bill will be about £10,000 a week with 10 former under 23s in the starting 11 in League 1.
How much larger is our wage bill than say your Blackburns or Millwalls of this league? Is our squad much more extravagant than theirs? I mean this season, not seasons gone by when we had PL or parachute payments.
That's cool. We will have a £10,000 a week wage bill. We will be £130m+ in debt, but we will have a £10,000 wage bill. :hehe:
That's cool. We will have a £10,000 a week wage bill. We will be £130m+ in debt, but we will have a £10,000 wage bill. :hehe:
I was joking by the way.
I did not think our entire squad would be paid a total of £10,000 per week. I thought the ridiculous figure made clear it was a pi$$ take.
I was joking by the way.
I did not think our entire squad would be paid a total of £10,000 per week. I thought the ridiculous figure made clear it was a pi$$ take.
You've been serious when saying worse :hehe:
Nobody's Rep
24-10-21, 19:36
I don't know why fans invest so much concern in the clubs finances, didn't anybody learn anything over the past 20 years following the club, Cardiff City is, and in recent times has always been a poorly run business, and we are customers, the bossman himself told us all in a public statement what we should do if we weren't happy with the product..
Surely it is longer than 20 years - when did the fans have a say in the club - not in my time following them?
People also make the voice known on the product hence why crowds fluctuate usually based on success on the pitch or not - this was the case long before we were called customers?
You've been serious when saying worse :hehe:
I might well have done.
None of us are perfect.
gabbsthenewt
24-10-21, 19:40
I was joking by the way.
I did not think our entire squad would be paid a total of £10,000 per week. I thought the ridiculous figure made clear it was a pi$$ take.
It wasn't the realism of the £10,000 it was more the idea that we would be better off 'starting again' on a smaller cost base in League One would be one to go for...which I think I've seen similar mooted in another thread and think Ive mixed up threads.
That's cool. We will have a £10,000 a week wage bill. We will be £130m+ in debt, but we will have a £10,000 wage bill. :hehe:
Who is that 130 million of debt to?
Because if its Tan then its his shit show he can suck it up.
It wasn't the realism of the £10,000 it was more the idea that we would be better off 'starting again' on a smaller cost base in League One would be one to go for...which I think I've seen similar mooted in another thread and think Ive mixed up threads.
I've not suggested dropping into League 1 would benefit us in any way.
It just seems Tan wants to get as many youngsters or cheap options in regardless of the league we're in.
I realise it will be a bit more than £10k 😄
gabbsthenewt
24-10-21, 19:49
Who is that 130 million of debt to?
Because if its Tan then its his shit show he can suck it up.
Indeed, it would be between Tan and CCFC should he ever say enough is enough. No-one would win.
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