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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
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Too long didn’t read this AI bollocks
Can you summarise yourself.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
I find with using Ai for both work and personal use it’s all about the quality of your “brief”, what you ask it to do or look for and the level of detail you want back. No disrespect to the posters who shared war and peace but you could have gone back annd asked the ai to do a one or two paragraph summary maybe? I’m not sure many of use will read all that info
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
WJ99mobile
Too long didn’t read this AI bollocks
Can you summarise yourself.
What a coincidence, north Cardiff blue didn't read it either
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
splott parker
When figures are bandied about, how much Tan has put into the club over his tenure, how much Dalman has laid out etc is the income that the club has received deducted? There always seems to be talk that Tan has put x amount of million in. How much has the club received from the Premier League, Championship, parachute payments, ticket revenue etc, is this money taken into consideration or are the monies that have been put in on top of income?
Of course he doesn’t….like when he says how much Warnock spent on promotion, he always fails to mention he got a big chunk back by selling Reid straight away, Warnock just wasted the other 20 million. We also had years of parachute payments…..
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
lardy
What a coincidence, north Cardiff blue didn't read it either
I'm not sure anyone could be arsed to!
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
bluesp
I find with using Ai for both work and personal use it’s all about the quality of your “brief”, what you ask it to do or look for and the level of detail you want back. No disrespect to the posters who shared war and peace but you could have gone back annd asked the ai to do a one or two paragraph summary maybe? I’m not sure many of use will read all that info
Good point :thumbup:
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
goats
Of course he doesn’t….like when he says how much Warnock spent on promotion, he always fails to mention he got a big chunk back by selling Reid straight away, Warnock just wasted the other 20 million. We also had years of parachute payments…..
You're mixing me up, I'm a big fan of what Warnock achieved.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
Dorcus
I'm not sure anyone could be arsed to!
I think some will, that's why I put it on for them, but good point 99% won't.
And it's showing some people that don't know what AI can do.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
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So he is not is going to not sell ?
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
bluesp
I find with using Ai for both work and personal use it’s all about the quality of your “brief”, what you ask it to do or look for and the level of detail you want back. No disrespect to the posters who shared war and peace but you could have gone back annd asked the ai to do a one or two paragraph summary maybe? I’m not sure many of use will read all that info
Not sure it covers it but here you go :thumbup:
Cardiff City Football Club faces a complex valuation landscape, primarily due to its recent relegation to League One and a challenging financial position. For the year ended May 31, 2024, the club reported an operating loss of nearly £10 million and net liabilities of £30.8 million, underscoring persistent unprofitability. A significant portion of its debt, £68 million, is owed to majority shareholder Vincent Tan, who has historically waived interest and indicated a willingness to write it off or convert it to equity, offering flexibility for a potential buyer. However, £40.3 million in loans to directors and connected parties represents a more conventional, repayable liability. The club's descent to League One will drastically reduce core revenue streams, with broadcast and solidarity payments expected to plummet by 75% to 80% from Championship levels, further impacting player market values and necessitating substantial cost-cutting.
Despite these financial headwinds, Cardiff City possesses valuable assets, including its stadium, independently valued at £84.5 million, and a loyal fanbase demonstrated by strong season ticket sales. When considering comparable sales of clubs in similar situations, such as Reading FC (estimated £25-£30 million including stadium) and Derby County (effectively £33 million post-administration in League One), a realistic sale value for Cardiff City FC is estimated to be in the range of £20 million to £40 million. This valuation accounts for the severe financial impact of relegation, the club's debt structure, and the potential for Vincent Tan to write off a significant portion of his loans, which would make the club a more attractive acquisition for a new owner.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
goats
Of course he doesn’t….like when he says how much Warnock spent on promotion, he always fails to mention he got a big chunk back by selling Reid straight away, Warnock just wasted the other 20 million. We also had years of parachute payments…..
It’s a thing I’ve often pondered, I was thinking along the lines of something like going to the bar and the round cost you twenty quid, when you get back to the table one of your lot gives you a fiver but you keep on moaning that you’ve just spent twenty quid. You’re fibbing, aren’t you?
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
ToTaL ITK
So he is not is going to not sell ?
I doubt it, but it's looking like he's starting to consider it more, but who knows? I'm sure his family would like him to sell it and enjoy the rest of his life.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
:hehe::hehe:all that (which is where I took my figures from, along with the annual accounts), to say £20m-£40m but the debt, but the stadium, but … As I originally wrote, there are many reports each with a varying conclusion.
The debts payable within the FY, is £137m, of which £68m to Tan. What about the other £69m, do the buyers buy that off? Who decides it gets waived?
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
North Cardiff Blue
I think some will, that's why I put it on for them, but good point 99% won't.
And it's showing some people that don't know what AI can do.
Anyone who still doesn't know what AI can do is definitely not going to be bowled over by that.
I showed an uncle how it could write a song about a turtle eating lasagne for dinner. And that was waaaay better than this :hehe:
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
lardy
Anyone who still doesn't know what AI can do is definitely not going to be bowled over by that.
I showed an uncle how it could write a song about a turtle eating lasagne for dinner. And that was waaaay better than this :hehe:
:hehe: I bet he loved it.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
splott parker
When figures are bandied about, how much Tan has put into the club over his tenure, how much Dalman has laid out etc is the income that the club has received deducted? There always seems to be talk that Tan has put x amount of million in. How much has the club received from the Premier League, Championship, parachute payments, ticket revenue etc, is this money taken into consideration or are the monies that have been put in on top of income?
Quote:
Originally Posted by
goats
Of course he doesn’t….like when he says how much Warnock spent on promotion, he always fails to mention he got a big chunk back by selling Reid straight away, Warnock just wasted the other 20 million. We also had years of parachute payments…..
You may both be right - but I don’t think so.
My understanding from the summaries of the annual accounts done by Keith and others over the years is that Tan has put in about £250m and taken nothing out. Some of his ‘loans’ to the club have been cancelled. Some have been converted to equity. There have been several share re-issues. Tan doesn’t charge interest on his loans - unlike Dalman via Tormen Finance.
Previous creditors have been paid off. The club has assets and it has outstanding debts to Tan and to Tormen (maybe a few other smaller debts).
None of that suggests that there is a ‘net’ figure for Tans financial support that is less than £250m because of other income the club has received over the years. It is all in there together - the income and expenditure - and explained in the accounts. I am not clear whether the Sala legal costs have come from the club or Tan direct or how any settlement will be treated. But none of that changes what he has put into the club. That is not where the problems with Tan lie.
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Re: Talking of Takeover's -Gareth Bale part 2
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Originally Posted by
RichardM
I don't know, did he?
So what's your point?
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
I'm already into two books so can't start a new one.
I do often listen to audible when doing the dishes or whatever. Can some ai read that in Scarlett Johanssons voice to me.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
North Cardiff Blue
Not sure it covers it but here you go :thumbup:
Cardiff City Football Club faces a complex valuation landscape, primarily due to its recent relegation to League One and a challenging financial position. For the year ended May 31, 2024, the club reported an operating loss of nearly £10 million and net liabilities of £30.8 million, underscoring persistent unprofitability. A significant portion of its debt, £68 million, is owed to majority shareholder Vincent Tan, who has historically waived interest and indicated a willingness to write it off or convert it to equity, offering flexibility for a potential buyer. However, £40.3 million in loans to directors and connected parties represents a more conventional, repayable liability. The club's descent to League One will drastically reduce core revenue streams, with broadcast and solidarity payments expected to plummet by 75% to 80% from Championship levels, further impacting player market values and necessitating substantial cost-cutting.
Despite these financial headwinds, Cardiff City possesses valuable assets, including its stadium, independently valued at £84.5 million, and a loyal fanbase demonstrated by strong season ticket sales. When considering comparable sales of clubs in similar situations, such as Reading FC (estimated £25-£30 million including stadium) and Derby County (effectively £33 million post-administration in League One), a realistic sale value for Cardiff City FC is estimated to be in the range of £20 million to £40 million. This valuation accounts for the severe financial impact of relegation, the club's debt structure, and the potential for Vincent Tan to write off a significant portion of his loans, which would make the club a more attractive acquisition for a new owner.
Nice work :thumbup:
That looks a pretty good summary of it.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Sort out the cut and paste jobs mods, ffs.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
WJ99mobile
Quote removed
Too long didn’t read this AI bollocks
Can you summarise yourself.
I fell asleep at paragraph 458
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
About the consortium, a summarised version, from Gemini
Gareth Bale, the renowned former footballer, is actively exploring ownership opportunities in English football, engaging with two distinct clubs: his hometown club, Cardiff City, and Plymouth Argyle. These endeavors highlight different approaches to club acquisition, reflecting the evolving landscape of sports finance where high-profile athletes are increasingly investing in sports clubs. Both takeover efforts are currently in early, uncertain stages, with initial approaches having been rejected or characterized as speculative.
For the Plymouth Argyle bid, Gareth Bale is "fronting" an "American-backed consortium" that has held initial discussions with the club. This consortium explicitly includes members of the Storch family. David Storch is identified as the Managing Partner of Arise Capital Partners (ACP), a US-based family-owned investment firm. ACP primarily focuses on "control investments" in "lower middle market companies" across sectors like industrial and transportation aftermarket, logistics, material handling, and paper & packaging, rather than sports . Bale's role in this bid is primarily as the public "face," leveraging his celebrity profile to add glamour and attract further investment.
In contrast, Gareth Bale has publicly confirmed his interest in acquiring a controlling stake in Cardiff City, expressing a deep personal connection and a desire for a "very significant" operational role, not merely a "bit-part player". An initial inquiry from the group involving Bale was rejected by current owner Vincent Tan. The Cardiff City Supporters' Trust characterized this as a "notice of intention" or a preliminary "fishing trip," indicating no formal bid has progressed . While the consortium is described as featuring "British and American investors," no specific names beyond Bale have been publicly disclosed for this bid .
The speculative nature of these bids, particularly the "fishing trip" approach for Cardiff, suggests a broader strategy of exploring multiple opportunities in the English Football League . The increasing involvement of US private equity and celebrities like Bale in English football is a growing trend, driven by the sport's global appeal and commercial potential. However, the success of these ventures hinges on complex financial negotiations, strategic alignment, and building trust with fan bases, who often seek transparency regarding investors' identities and long-term plans.
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Gareth Bale wants to be heavily involved in Cardiff City takeover and 'now's the time'
The former Wales and Real Madrid superstar has spoken out about his desire to be part of a consortium which takes over the Bluebirds
https://www.walesonline.co.uk/sport/...gn=communities
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
North Cardiff Blue
Gareth Bale wants to be heavily involved in Cardiff City takeover and 'now's the time'
The former Wales and Real Madrid superstar has spoken out about his desire to be part of a consortium which takes over the Bluebirds
https://www.walesonline.co.uk/sport/...gn=communities
Wales online are a joke - just rehashing the same article time and time again with sensational headlines that have no bearing on the content of the report - they don't seem have any leads or info of their own - just use other sources
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Re: Talking of Takeover's - Gareth Bale part 2 UPDATED
Quote:
Originally Posted by
Nobody's Rep
Wales online are a joke - just rehashing the same article time and time again with sensational headlines that have no bearing on the content of the report - they don't seem have any leads or info of their own - just use other sources
Exactly this. In the past they’ve printed an article based on something that I posted on this forum, virtually word for word.