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		<title>Cardiff City Online - Main Cardiff City Message Board</title>
		<link>https://www.ccmb.co.uk/</link>
		<description>The www.cardiffcity-mad.co.uk unofficial messageboard</description>
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			<title>Cardiff City Online - Main Cardiff City Message Board</title>
			<link>https://www.ccmb.co.uk/</link>
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			<title><![CDATA[Well, in passing, I prefer TBG's static genie]]></title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/767003-well-in-passing-i-prefer-tbg-s-static-genie</link>
			<pubDate>Sun, 21 Jun 2026 06:45:20 GMT</pubDate>
			<description><![CDATA[Seems more becoming with the character of a venerable gentleman somehow - and less 'controlling', which always disturbed me.

Maybe needs a backdrop of an obscure Croatian town to be more authentic?]]></description>
			<content:encoded><![CDATA[Seems more becoming with the character of a venerable gentleman somehow - and less 'controlling', which always disturbed me.<br />
<br />
Maybe needs a backdrop of an obscure Croatian town to be more authentic?]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Cyclops</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/767003-well-in-passing-i-prefer-tbg-s-static-genie</guid>
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			<title>Good Morning From Cyprus</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766997-good-morning-from-cyprus</link>
			<pubDate>Sun, 21 Jun 2026 04:37:09 GMT</pubDate>
			<description><![CDATA[Testing my first &#8216;New Topic&#8217;]]></description>
			<content:encoded><![CDATA[Testing my first &#8216;New Topic&#8217;]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>splott parker</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766997-good-morning-from-cyprus</guid>
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			<title>Refereeing</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766962-refereeing</link>
			<pubDate>Sat, 20 Jun 2026 20:58:50 GMT</pubDate>
			<description><![CDATA[The Refereeing has been so different to what we have all been accustomed to watching the EPL and EFL.

The increasing gamesmanship we have all had to endure over the last 10 to 20 years looks to have been targeted in this tournament.

Germany will feel hard done by in the first half against the Ivory Coast, the latter seemingly benefitting from the &quot;new&quot; code but I've noticed it in quite a few other games this far.

So refreshing to see these cheating entitled primadonnas' wings being clipped.

Come on &#8203;côte d'ivoire!]]></description>
			<content:encoded><![CDATA[The Refereeing has been so different to what we have all been accustomed to watching the EPL and EFL.<br />
<br />
The increasing gamesmanship we have all had to endure over the last 10 to 20 years looks to have been targeted in this tournament.<br />
<br />
Germany will feel hard done by in the first half against the Ivory Coast, the latter seemingly benefitting from the &quot;new&quot; code but I've noticed it in quite a few other games this far.<br />
<br />
So refreshing to see these cheating entitled primadonnas' wings being clipped.<br />
<br />
Come on &#8203;côte d'ivoire!]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>MacAdder</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766962-refereeing</guid>
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			<title>Smileys</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766926-smileys</link>
			<pubDate>Fri, 19 Jun 2026 10:40:58 GMT</pubDate>
			<description>Looks like they could be working :cool:</description>
			<content:encoded><![CDATA[Looks like they could be working <img src="https://www.ccmb.co.uk/core/images/smilies/cool.png" border="0" alt="" title="Cool" smilieid="119" class="inlineimg" />]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>MacAdder</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766926-smileys</guid>
		</item>
		<item>
			<title>World Cup group games. Rd 2 match threads</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766902-world-cup-group-games-rd-2-match-threads</link>
			<pubDate>Fri, 19 Jun 2026 00:28:43 GMT</pubDate>
			<description>24 games completed. 24 more to come tin Rd 2</description>
			<content:encoded>24 games completed. 24 more to come tin Rd 2</content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Michael Morris</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766902-world-cup-group-games-rd-2-match-threads</guid>
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		<item>
			<title>The blackboard coverage in the waterbreaks</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766823-the-blackboard-coverage-in-the-waterbreaks</link>
			<pubDate>Thu, 18 Jun 2026 08:10:48 GMT</pubDate>
			<description><![CDATA[Amazing, that added so much, looking forward to the next game just for that tactical insight, can't we have that on Sky for every game?

Injury break, corner wait analysis.]]></description>
			<content:encoded><![CDATA[Amazing, that added so much, looking forward to the next game just for that tactical insight, can't we have that on Sky for every game?<br />
<br />
Injury break, corner wait analysis. ]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>North Cardiff Blue</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766823-the-blackboard-coverage-in-the-waterbreaks</guid>
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			<title><![CDATA[New Time Wasting&#8230;]]></title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766798-new-time-wasting%E2%80%A6</link>
			<pubDate>Wed, 17 Jun 2026 18:20:07 GMT</pubDate>
			<description><![CDATA[It&#8217;s mad,..

DR Congo just got penalised for taking over 5 seconds to take a goal kick&#8230;

Portugal&#8217;s resulting corner took over 30 seconds!

No consistency 
&#8203;&#8203;&#8203;&#8203;&#8203;&#8203;!]]></description>
			<content:encoded><![CDATA[It&#8217;s mad,..<br />
<br />
DR Congo just got penalised for taking over 5 seconds to take a goal kick&#8230;<br />
<br />
Portugal&#8217;s resulting corner took over 30 seconds!<br />
<br />
No consistency <br />
&#8203;&#8203;&#8203;&#8203;&#8203;&#8203;!<br />
<br />
 ]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Porth Pouncer</dc:creator>
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			<title>New kit revealed</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766782-new-kit-revealed</link>
			<pubDate>Wed, 17 Jun 2026 15:38:24 GMT</pubDate>
			<description>Apols if already posted, just testing out new board
https://x.com/i/status/2067260985392480276</description>
			<content:encoded><![CDATA[Apols if already posted, just testing out new board<br />
<a href="https://x.com/i/status/2067260985392480276" target="_blank">https://x.com/i/status/2067260985392480276</a>]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>ShallowHal</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766782-new-kit-revealed</guid>
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			<title>Tam converts £42Mil of debt to equity</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766744-tam-converts-%C2%A342mil-of-debt-to-equity</link>
			<pubDate>Tue, 16 Jun 2026 23:50:44 GMT</pubDate>
			<description><![CDATA[A BBC article popped up for me saying that Tan had converted around £42 million from debt to equity (tried to link it below). Haven't seen anything from the club on this officially.

On the face of it, it really looks like Tan is acting following through with previous promises and doing right by the club. That said, I'm not particularly into finance, so was wondering whether one of the experts on here could spell out any potential ramifications.
&#8203;
A few interesting points I took from the article:

Before the conversion:

 CCFC owed £161m in total and pay around £7m (annually?) in interest
 Tan's loans to the club totalled almost £90m by the end of the 2024-25 season. More than half of these loans do not accrue interest;
 £37.3m is owed to Tormen Finance/Mehmet Dalman - this debt is accruing interest;
 Assume there must be ~£34Mil owed to other parties, which would presumably carry interest.
 On the face of it, Tan seems to be one of the &quot;better&quot; creditors that CCFC have outstanding loans with as at least some of it isn't actively costing the club money each year.

After the conversion (not accounting for further loans/expenditure), presumably CCFC will owe Tan circa £48million. It isn't clear from the article whether these remaining loans that were the ones which carried the interest or not. If they are - is there any difference in real terms? What does it matter whether the club owed him cash with no interest rather than him owning shares? I'm assuming that the effective value of Tan's converted  shares he now owned would be linked to the value of the club, so is he effectively betting on us to become more valuable than where we were at the time that he made the conversion?

Also - would the conversion make it more likely that Tan was priming the club for a sale by making the balance sheet look better? The timing with Bales announcement is probably coincidental, but is there a possibility that this move makes Bale getting involved more likely?]]></description>
			<content:encoded><![CDATA[A BBC article popped up for me saying that Tan had converted around £42 million from debt to equity (tried to link it below). Haven't seen anything from the club on this officially.<br />
<br />
On the face of it, it really looks like Tan is acting following through with previous promises and doing right by the club. That said, I'm not particularly into finance, so was wondering whether one of the experts on here could spell out any potential ramifications.<br />
&#8203;<br />
A few interesting points I took from the article:<br />
<br />
Before the conversion:<ul><li>CCFC owed £161m in total and pay around £7m (annually?) in interest</li>
<li>Tan's loans to the club totalled almost £90m by the end of the 2024-25 season. More than half of these loans do not accrue interest;</li>
<li>£37.3m is owed to Tormen Finance/Mehmet Dalman - this debt is accruing interest;</li>
<li>Assume there must be ~£34Mil owed to other parties, which would presumably carry interest.</li>
</ul>On the face of it, Tan seems to be one of the &quot;better&quot; creditors that CCFC have outstanding loans with as at least some of it isn't actively costing the club money each year.<br />
<br />
After the conversion (not accounting for further loans/expenditure), presumably CCFC will owe Tan circa £48million. It isn't clear from the article whether these remaining loans that were the ones which carried the interest or not. If they are - is there any difference in real terms? What does it matter whether the club owed him cash with no interest rather than him owning shares? I'm assuming that the effective value of Tan's converted  shares he now owned would be linked to the value of the club, so is he effectively betting on us to become more valuable than where we were at the time that he made the conversion?<br />
<br />
Also - would the conversion make it more likely that Tan was priming the club for a sale by making the balance sheet look better? The timing with Bales announcement is probably coincidental, but is there a possibility that this move makes Bale getting involved more likely?]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>TaffsWellThatEndsWell</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766744-tam-converts-%C2%A342mil-of-debt-to-equity</guid>
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			<title><![CDATA[PM reminder. Save your PM's]]></title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766743-pm-reminder-save-your-pm-s</link>
			<pubDate>Tue, 16 Jun 2026 23:47:33 GMT</pubDate>
			<description><![CDATA[Apologies. I deleted the original thread about missing PM's (playing with the settings of the new board)

In case you missed it PM's are temporarily available before the option is permanently switched off at some point

At the top of the board click 'Messages' and then 'Go to Message Centre'. You can save any info from messages in Inbox and Sent Items.Copy and paste, take screen shots or save the page as HTML. So you have a record of your Private Messages.

Once mesaging is turned off there will be no guarantee we can get them back again.]]></description>
			<content:encoded><![CDATA[Apologies. I deleted the original thread about missing PM's (playing with the settings of the new board)<br />
<br />
In case you missed it PM's are temporarily available before the option is permanently switched off at some point<br />
<br />
At the top of the board click 'Messages' and then 'Go to Message Centre'. You can save any info from messages in Inbox and Sent Items.Copy and paste, take screen shots or save the page as HTML. So you have a record of your Private Messages.<br />
<br />
Once mesaging is turned off there will be no guarantee we can get them back again.]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Michael Morris</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766743-pm-reminder-save-your-pm-s</guid>
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			<title>Happy BB-M Day</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766736-happy-bb-m-day</link>
			<pubDate>Tue, 16 Jun 2026 22:34:34 GMT</pubDate>
			<description><![CDATA[&lt;blockquote class=&quot;twitter-tweet&quot;&gt;&lt;p lang=&quot;en&quot; dir=&quot;ltr&quot;&gt;Brian Barry-Murphy has reached 365 days in charge of Cardiff City &lt;br&gt;How do you evaluate his first year in charge?  &lt;a href=&quot;https://t.co/aPdOFj6iy6&quot;&gt;pic.twitter.com/aPdOFj6iy6&lt;/a&gt;&lt;/p&gt;&amp;mdash; BBC Sport Wales (@BBCSportWales) &lt;a href=&quot;https://x.com/BBCSportWales/status/2066830647851635009?ref_src=twsrc%5Etfw&quot;&gt;June 16, 2026&lt;/a&gt;&lt;/blockquote&gt; &lt;script async src=&quot;https://platform.x.com/widgets.js&quot; charset=&quot;utf-8&quot;&gt;&lt;/script&gt;]]></description>
			<content:encoded><![CDATA[&lt;blockquote class=&quot;twitter-tweet&quot;&gt;&lt;p lang=&quot;en&quot; dir=&quot;ltr&quot;&gt;Brian Barry-Murphy has reached 365 days in charge of Cardiff City &lt;br&gt;How do you evaluate his first year in charge?  &lt;a href=&quot;https://t.co/aPdOFj6iy6&quot;&gt;pic.twitter.com/aPdOFj6iy6&lt;/a&gt;&lt;/p&gt;&amp;mdash; BBC Sport Wales (@BBCSportWales) &lt;a href=&quot;https://x.com/BBCSportWales/status/2066830647851635009?ref_src=twsrc%5Etfw&quot;&gt;June 16, 2026&lt;/a&gt;&lt;/blockquote&gt; &lt;script async src=&quot;https://platform.x.com/widgets.js&quot; charset=&quot;utf-8&quot;&gt;&lt;/script&gt;]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Michael Morris</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766736-happy-bb-m-day</guid>
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			<title>Further information from WOL on the recent debt to equity conversion</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766670-further-information-from-wol-on-the-recent-debt-to-equity-conversion</link>
			<pubDate>Tue, 16 Jun 2026 12:24:19 GMT</pubDate>
			<description><![CDATA[Glen Williams article&#8230;]]></description>
			<content:encoded><![CDATA[Glen Williams article&#8230;]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>Blackberry Messenger</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766670-further-information-from-wol-on-the-recent-debt-to-equity-conversion</guid>
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			<title>Who is going to start the first argument thread on the new board?</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766662-who-is-going-to-start-the-first-argument-thread-on-the-new-board</link>
			<pubDate>Tue, 16 Jun 2026 11:28:22 GMT</pubDate>
			<description>?????????????</description>
			<content:encoded>?????????????</content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>North Cardiff Blue</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766662-who-is-going-to-start-the-first-argument-thread-on-the-new-board</guid>
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			<title><![CDATA[Who hasn't been able to manage the new board so far??????]]></title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766660-who-hasn-t-been-able-to-manage-the-new-board-so-far</link>
			<pubDate>Tue, 16 Jun 2026 11:26:32 GMT</pubDate>
			<description>Sludge, TLG, Splotty??????????????

Eric still sulking or posting as someone else?</description>
			<content:encoded><![CDATA[Sludge, TLG, Splotty??????????????<br />
<br />
Eric still sulking or posting as someone else? ]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>North Cardiff Blue</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766660-who-hasn-t-been-able-to-manage-the-new-board-so-far</guid>
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			<title>The World Cup so far</title>
			<link>https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766657-the-world-cup-so-far</link>
			<pubDate>Tue, 16 Jun 2026 11:23:01 GMT</pubDate>
			<description><![CDATA[It's been shit, hasn't it? I've never paid so little attention to it; too many useless teams, like in the early Champions League games. Hopefully, it will get a lot better in the later stages.]]></description>
			<content:encoded><![CDATA[It's been shit, hasn't it? I've never paid so little attention to it; too many useless teams, like in the early Champions League games. Hopefully, it will get a lot better in the later stages. ]]></content:encoded>
			<category domain="https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board">Main Cardiff City Message Board</category>
			<dc:creator>North Cardiff Blue</dc:creator>
			<guid isPermaLink="true">https://www.ccmb.co.uk/forum/forums/main-cardiff-city-message-board/766657-the-world-cup-so-far</guid>
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