Gareth Bale Takeover Thread

[North Cardiff Blue]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

I'm sure something like that could be written into any agreement to sell the club. I don't think it's the stumbling block some seem to think it is.

I wonder if he would still like a minority shareholding too, just in case it ever comes good.

[Pedro de la Rosa]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

I don't know about the plans of any one looking to buy out Vicent Tan, but I'm almost at the stage where I don't much care any more. I'm done with being careful with what I wish for.

With a lot of luck and a strong following wind, we might just get back to the Championship under Vincent Tan's ownership, but the last five years (not to mention Kortrijk's relegation) have shown that we've no chance of reaching the Premier League again with Tan, Dalman and Choo in charge.

Who knows, supporting Cardiff City might become fun again.

I'm here. Also, I just cannot believe Bale would willingly torch his own reputation by getting into bed with a load of chancers. I just don't see what he'd have to gain, he doesn't need the money and he lives in Cardiff for a lot of the time.

[Earnie's bench seat]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Agreed.

Tan sells to Bale & co. Saves face and leaves the fans happy. I think looking good and saving face is a big deal for Tan - just my opinion. As you say, if he can throw out a line along the lines of "I turned down bigger offers to sell to Welsh footballing hero" that's only going to win him favour with the fans.

A deal is worked out that if Cardiff win the Sala case Tan gets his share back. I don't think that's beyond the realm of possibility here.

In the modern football world, a world superstar player like Bale wouldn't let this go public, speak to Sky Sports, and potentially damage his image rights and earning potential unless this was likely to happen, or at the very least serious. Especially for a proud Welshman too. Even if that's not the case, then it does force Tan's hand - Bale & co can't really lose on that matter because they'll either get the club or make Tan look bad for not selling.

But - and just my two pence worth - I think they (Bale & co) know or have worked out what Tan needs to save face and look good, and this whole episode is all very carefully pr'd. On that note, my gut says this may be further along than we think.

Either way, looking forward to seeing what happens next

[Nobody's Rep]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Agreed.

Tan sells to Bale & co. Saves face and leaves the fans happy. I think looking good and saving face is a big deal for Tan - just my opinion. As you say, if he can throw out a line along the lines of "I turned down bigger offers to sell to Welsh footballing hero" that's only going to win him favour with the fans.

A deal is worked out that if Cardiff win the Sala case Tan gets his share back. I don't think that's beyond the realm of possibility here.

In the modern football world, a world superstar player like Bale wouldn't let this go public, speak to Sky Sports, and potentially damage his image rights and earning potential unless this was likely to happen, or at the very least serious. Especially for a proud Welshman too. Even if that's not the case, then it does force Tan's hand - Bale & co can't really lose on that matter because they'll either get the club or make Tan look bad for not selling.

But - and just my two pence worth - I think they (Bale & co) know or have worked out what Tan needs to save face and look good, and this whole episode is all very carefully pr'd. On that note, my gut says this may be further along than we think.

Either way, looking forward to seeing what happens next

Looks like he has spoken to talk sport now as well - wonder if Jonny Owen will pick this up as he has shows on that station now and sure he would be interested in promoting the news

The more it can hit the UK media the better - let's hope it doesn't drift away

Wonder if the club will respond to the trusts request for more information as and when it happens

[Carl Dale's Mole]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Don’t get me excited. Everything’s shit, remember?

[NYCBlue]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

If that was the case they wouldn't be contemplating buying a football club.

Investment firms don't buy football clubs to lose money.

[Underhill1980]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

I’ve learnt nothing from every other false dawn we’ve had and I’m completely convinced this is happening

[MOZZER2]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Looks like he has spoken to talk sport now as well - wonder if Jonny Owen will pick this up as he has shows on that station now and sure he would be interested in promoting the news

The more it can hit the UK media the better - let's hope it doesn't drift away

Wonder if the club will respond to the trusts request for more information as and when it happens

Would also be nice if the trust could find out if they are more than 1 potential buyer for the club

If you listen to some social media accounts and pod casters there are another 2 iinterested parties

[RichardM]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Would also be nice if the trust could find out if they are more than 1 potential buyer for the club

If you listen to some social media accounts and pod casters there are another 2 iinterested parties

This what the trust had to say this morning
"There has been considerable discussion on social media recently about a bid to acquire Cardiff City FC from current owner Vincent Tan. The situation seems to be somewhat confusing but the actual position appears to be as follows:

Claims that an actual bid by a US based consortium has been made are a bit misleading. As a result of a conversation the Trust has had with the club at board level it seems that no formal bid has been made for the club to consider. Rather, a notice of intention to make such an offer was delivered direct to owner Vincent Tan who seems to have had little interest in it and, in the absence of an actual bid, the matter was not progressed further. The board have confirmed that no bid has been received and that one is not anticipated.

In a very recent Sky Sports interview Gareth Bale stated that he would be interested in being involved with a consortium looking to acquire the club but didn’t claim that an actual bid had been made. He said that something might happen in the future but put no timescale on it.

The consortium seem to have to date just started what I would call a “fishing trip”. i.e put some bait on a line to various football clubs (Plymouth Argyle have been mentioned to date but there may have been others) to see if any of them take a “bite” by showing an intent to explore the matter further.

I have taken soundings from some of my former business colleagues in the accountancy world (some of them having football advisory experience) and their view, and one that might be shared by the owner, is that it would be inadvisable to consider a sale of the club at the moment for a number of reasons, including the following

As a consequence of last season’s relegation the club’s income from TV/media rights and the solidarity payments through the EFL agreement with the Premier League has dropped by a total of approximately £10m. This obviously impacts on the selling value of the club.
The formal hearing in the ongoing legal claim against FC Nantes is due to be held in just a few months time in September with a ruling laid down by the end of this calendar year. If the claim is successful (and there is great optimism that it will) then the club could benefit by many millions of pounds. This would significantly increase the value of the club.
In summary, the position remains uncertain. The Trust will continue to provide updates and commentaries if and when the situation changes

Keith Morgan

Chair"

[BLUEAWAY TOO]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Thank you

[Mr Ducie]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

This what the trust had to say this morning
"There has been considerable discussion on social media recently about a bid to acquire Cardiff City FC from current owner Vincent Tan. The situation seems to be somewhat confusing but the actual position appears to be as follows:

Claims that an actual bid by a US based consortium has been made are a bit misleading. As a result of a conversation the Trust has had with the club at board level it seems that no formal bid has been made for the club to consider. Rather, a notice of intention to make such an offer was delivered direct to owner Vincent Tan who seems to have had little interest in it and, in the absence of an actual bid, the matter was not progressed further. The board have confirmed that no bid has been received and that one is not anticipated.

In a very recent Sky Sports interview Gareth Bale stated that he would be interested in being involved with a consortium looking to acquire the club but didn’t claim that an actual bid had been made. He said that something might happen in the future but put no timescale on it.

The consortium seem to have to date just started what I would call a “fishing trip”. i.e put some bait on a line to various football clubs (Plymouth Argyle have been mentioned to date but there may have been others) to see if any of them take a “bite” by showing an intent to explore the matter further.

I have taken soundings from some of my former business colleagues in the accountancy world (some of them having football advisory experience) and their view, and one that might be shared by the owner, is that it would be inadvisable to consider a sale of the club at the moment for a number of reasons, including the following

As a consequence of last season’s relegation the club’s income from TV/media rights and the solidarity payments through the EFL agreement with the Premier League has dropped by a total of approximately £10m. This obviously impacts on the selling value of the club.
The formal hearing in the ongoing legal claim against FC Nantes is due to be held in just a few months time in September with a ruling laid down by the end of this calendar year. If the claim is successful (and there is great optimism that it will) then the club could benefit by many millions of pounds. This would significantly increase the value of the club.
In summary, the position remains uncertain. The Trust will continue to provide updates and commentaries if and when the situation changes

Keith Morgan

Chair"

Usually I’d imagine the board would until the last minute to make a statement.it’s best to keep the information to only the people involved in the diligence or the transaction. This is not for any nefarious purposes but the reality is that deals can collapse until the last minute.

There is just too many unknowns to handle and it’s best for both organizations to limit distractions, but the fact that Bale has made a public statement suggests that the process is ongoing.

The Trust will not be privy to the details of any takeover until completion of the deal.

[BLUEAWAY TOO]

Re: Talking of Takeover's -Gareth Bale part 2

To not make losses the income has to be more than costs.
The losses can be managed by selling assets and or increasing debt levels until such time as there is nothing left to sell or need to borrow.
Going into administration might be a way of turning the corner except for the negative consequences.
I don’t see any new owner wanting to do that.

How would you improve the balance between income and costs over the next few years?

[Jamsarnie]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

Going into administration might be a way of turning the corner except for the negative consequences.

97%+ of the clubs debt is to Tan and Dalman (Tormen Finance). Administration is completely off the table.

What’s required (and it has been for at least ten years) is a debt to equity swap, however adverse that is for Tan & Dalman and any of the vultures still stinking out the club who are owed a combined c.£3m!!

[superfeathers]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

While I hope this happens, I’m not sure why Bale saying hes involved in a potential bid and being quite open about it indicates that they’re anywhere into negotiations. Other than wishful thinking perhaps. Seems to be he just wants to whip it up a bit

[Carl Dale's Mole]

Re: Talking of Takeover's - Gareth Bale part 2 UPDATED

**** WOL and their clickbait titles. Time and time again:

🚨 BREAKING: Vincent Tan's response to the Gareth Bale interest as two big issues emerge 👀

No response. It’s just what the Trust said.