2022-23 Accounts now published

[the other bob wilson]

Who's the director with significant influence in Tormen Finance who it would appear have loaned us £20 million at 9 per cent? I would have assumed it was Mehmet Dalman, but it does say it's a director not the Chairman.

Looks like he wage bill fell by just over £6 million.

[jon1959]

Who's the director with significant influence in Tormen Finance who it would appear have loaned us £20 million at 9 per cent? I would have assumed it was Mehmet Dalman, but it does say it's a director not the Chairman.

Looks like he wage bill fell by just over £6 million.

Keith's commentary on the published accounts from last year says:

The main liabilities in the May 2022 balance sheet were amounts of £73m due to Vincent Tan and his family and £20.8m due to Tormen Finance, a company in which Mehmet Dalman has a significant interest – this loan carries interest at 9%.

http://www.cardiffcity-mad.co.uk/new...96/index.shtml

I have seen the 'significant interest' phrase used several times to describe the relationship between Dalman and Tormen Finance - but don't really know what it means - whether he owns Tormen or has a major financial stake in it....?

[Trigger]

Keith's commentary on the published accounts from last year says:

The main liabilities in the May 2022 balance sheet were amounts of £73m due to Vincent Tan and his family and £20.8m due to Tormen Finance, a company in which Mehmet Dalman has a significant interest – this loan carries interest at 9%.

http://www.cardiffcity-mad.co.uk/new...96/index.shtml

I have seen the 'significant interest' phrase used several times to describe the relationship between Dalman and Tormen Finance - but don't really know what it means - whether he owns Tormen or has a major financial stake in it....?

Listed as a beneficial owner on gov site.At least 25% of shares.

I think we have been lending from them for years.

[TWGL1]

Who's the director with significant influence in Tormen Finance who it would appear have loaned us £20 million at 9 per cent? I would have assumed it was Mehmet Dalman, but it does say it's a director not the Chairman.

Looks like he wage bill fell by just over £6 million.

The wage bill fell by £8m to £22m and according to the BBC article .

it’s £14m this year, which somehow makes the claim that we are the 6th largest wage payer in the division dubious at best , which a few people have already pointed out.

[the other bob wilson]

The wage bill fell by £8m to £22m and according to the BBC article .

it’s £14m this year, which somehow makes the claim that we are the 6th largest wage payer in the division dubious at best , which a few people have already pointed out.

Yes, but the article says it was £14 million before the arrival of Ramsey and others - I feel our wage bill is quite a big bigger than it was last season, but I can’t see it’s to the extent that we’re the sixth biggest payers.

[Blueboo2]

Mehmet Dalman is the major shareholder of Torman Finance (most probably the only shareholder) which is registered in the Virgin Islands.

The link below from the Companies House website shows him as the only major shareholder

https://s3.eu-west-2.amazonaws.com/d...06c26c167a697c