If that’s true Mr Gammon then happy days.
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In Dalman, and Ken Choo, finally Tan has people he can trust on the business side, and people the football side can work with.
I know Warnock gets all the plaudits, but I dont think it should be under estimated the part those pair played in bringin stability to the club.
I don’t know he’s got some neck showing his face in this thread
Excellent news :thumbup:
More thanks to Ken Choo I think as has been mentioned by others here. If it were up to Vincent we'd have another OGS. Not sure how FFP regulations affect money already given to the club. I'm sure you can enlighten me though? VT is a businessman, there's bound to be some upside moneywise. Maybe the shareholder dividends will be greater than the interest payments?
It’s definitely him
I have just read searched through threads here and found a link to the EFL rules regarding contributions from Equity Participants and I no longer wonder why he didn't do it before. I guess I've stood on a land mine of ignorance here. Apologies for opening old wounds.
I'm neither of those two. I used to post under the name Rhydal(same avatar, I'm 6'8" anyone who sits in 115/116 will have seen me) but locked myself out of my account a while back and just checked in for things like transfer news and the like until recently.
As I said it's excellent news that he kept his promise, but let's not kid ourselves that VT has suddenly stumped up circa £70m. The reality is that he's made a paper transaction which means he's no longer the owner of a club who owe him what? £150m of debt with championship income, he's now got £90m+ sunk into a club with a debt of £50m odd and Premier League income of £150m+ pa. and could now pay dividends because he's buying cheap and getting full houses every week. The interest payments were why he was here, now it will be dividends or sell on value or suchlike.
He's a businessman, not someone for whom the City has been a part of their life for 40+ years like myself. He's what City needed at the time he arrived and I thank him for saving us from the Riddler and bankruptcy, building a new stadium and taking us the promised land, twice.
I guess the upside for us is that if we go straight back down and stay there, he'll be in a worse place. Let's hope that doesn't happen.
I feel as though I may have just rambled a bit. Had a few Bows outside the Cottage lunchtime in the sun. Life is good.
Excellent excellent news. Thanks VT and enjoy your next visit to Cardiff.
Let’s not goad those who may still have strong anti VT feeings based on what happened 6 years ago. We’re getting the club we wanted and that we could only have dreamed of a few short years ago.
"As I said it's excellent news that he kept his promise, but let's not kid ourselves that VT has suddenly stumped up circa £70m. The reality is that he's made a paper transaction which means he's no longer the owner of a club who owe him what? £150m of debt with championship income, he's now got £90m+ sunk into a club with a debt of £50m odd and Premier League income of £150m+ pa. and could now pay dividends because he's buying cheap and getting full houses every week. The interest payments were why he was here, now it will be dividends or sell on value or suchlike".
Which interest payments would they be the, Mr giraffe?
He hasnt 'stumped up' £70m - he has basically given it away. He is also still the owner because he holds the vast majority of the available shares. He has not been taking interest payments on the debt the club owes him and has been bank rolling the club for the last six years. How any of that can be seen in a negative light is beyond me. The rest of your figures are a bit confusing sorry.