Let it go stan ffs it's unhealthy :hehe:
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As an aside to the takeover talk, I learned last week that Mehmet Dalman now lives in Monaco. There was no reason for me to disbelieve the person who told me this, but I Googled it anyway and it turns out Dalman has in fact lived in Monaco for some time.
So, City's owner lives and operates in Malaysia, as do the mysterious board members Marco Caramella, Derek Chin and Danni Rais. The club's Chairman lives in Monaco. The CEO spends much of his time overseeing Tan's car dealership in London, where Dalman is also a director. Jalil Rasheed became a director of CCFC in July 2021, but has already resigned without ever attending a game. Which leaves Steve Borley as the only director who is actually based in Wales.
What a set-up.
:hehe:
Any bored Hollywood actors with cash to throw away. There’s at least 30 listed with $250m available.. Seems to be working up north.
I’m not 100% but weren’t we sharing with the Blues down there and leasing it off Gerald Leekes ?
Like you I’m not sure it happened , but I also thought it had been upgraded in the last few years.
Also debts are higher, but pre Tan there were some pretty smelly debts in the books, ( as Ridsdake looked for even more desperate forms of financing) .. and the club was really heading forward big trouble..at least now the majority are to Tan and genuinely will leave with him… unlike others who lied about the same.
I don't know about Leekes, but CCFC are still leasing the training facilities at the Vale according to this:
https://www.commercialnewsmedia.com/archives/94926
There are all sorts of things down there now - an FAW pavilion, a WRU centre of excellence, ten different pitches, etc.
Borley the puppet, may as well live in Malaysia.
If we are taken over, brilliant. We have become a bit like a stale marriage where the one side has forgiven the other for banging a bartender on a weekend away, but deep down the bitterness remains (for me, and a lot of my mates anyway)
Dave
For years i have been asking the club , on a regular and frequent basis, what the Malaysian based directors contribute to CCFC. The club has always refused to say , I believe on the basis that the answer rhymes with Porthcawl.
However , it is possible that one or more of them receives directors` remuneration from the club as the 20/21 audited accounts show £550k of such remuneration of which £413k was paid to the highest paid director, leaving £137k of payments to other director(s). In 19/20 the figures were £507k and £215k. On the assumption that Ken Choo is the likely highest paid director and on the basis that Mehmet Dalman stated in a meeting with fans in October last year that he receives no salary from CCFC , then it must be either Steve Borley and/or one or more of the Malaysian based directors that was paid for services unknown.
M Dalman may not get a salary as he has stated but he does get management fees through his company WMG Funds Ltd. In 20/21 those fees were £297k
Maybe we'll ultimately know how good/bad an owner Tan is or has been when he eventually leaves the club. If he leaves demanding to be repaid everything he's put in then he'll go on my shitlist alongside Jim Davidson and Obafemi Martins
Ah , no , I stand corrected
He has done ok for me, rescued the rebrand shocker and we have been promoted twice.
However a club of our size with the stadium we have "should" be competing at this level as a minimum (there are bigger clubs at this level and we have no divine right of course).
The 2 promotions were welcome, larger clubs have struggled more of course but equally smaller clubs have done far better during Tan's time also.
We blew two fantastic opportunities to push on, for whatever reasons.
For me a change would be good, mostly as I can't see anything ahead but struggle with an ownership that whilst servicing the debts and paying the bills just doesn't seem interested at all.
There is no ambition, no energy or drive about the club. I don't think you need to spend massive amounts for ambition either, sometimes just an owner and management that show ambition and a desire to be the best you can be would suffice.
We just...... Drift
Tan has made poor decisions but he has been the best and most succesful owner in decades.
Rick Wright would have been a good owner, if he had the investment of others.
I disagree that to "show ambition and a desire to be the best you can be would suffice". Without significant investment they would just be empty words. Anyone can stir the fans passions by promising the Earth but at the end of the day it all comes down to money.
Sam had all those things you desire, like ambition, energy and drive and we all know how that turned out.
Tan is not perfect but he's the best owner we've ever had.
I did say sometimes.
I'm thinking of those clubs on smaller budgets that have had decent success because they had a plan and a vision. We have none.
If a quarter of what we have spent was directed better, in a joined up forward thinking manner, we would be better off for it.
Let's be honest whoever buys us is going to have money, unless Tan is practically giving us away.
Don't get me wrong, I agree that the club should be more professionally run. Things like recruitment, having a director of football, better scouting etc etc.
Ideally, there should also be a clear vision for the club and much better planning but this has to be coupled with significant investment. Tan has stabilised a club that was on very rocky ground and for that fans should be eternally grateful.
As much as I would like my club to be as progressive as Wolves, Villa, Brighton and Palace etc, there is a part of me that says be careful what you wish for as it could all go horribly wrong. Maybe I am risk averse and prefer the security blanket than Tan provides.