Tan to Sell Club

[Pedro de la Rosa]

The court case etc clouds the issue. The only way Tan would 'sell' would be presumably to retain a minority interest allowing him personally to see it through to some sort of conclusion. not sure it's about the money any more for him, more a question of validation of the club's stance.

Tan is in talks to sell the outcome of the court case.

[A Quiet Monkfish]

Tan is in talks to sell the outcome of the court case.

If so, presumably to Lim Kok Thay ?

[Rjk]

Tan is in talks to sell the outcome of the court case.

we've already sold a chunk of it haven't we?

[North Cardiff Blue]

we've already sold a chunk of it haven't we?

Yes that was in the accounts.

[Pedro de la Rosa]

If so, presumably to Lim Kok Thay ?

If you believe Steve Day, I've got some magic beans I'd like to sell you

[ToTaL ITK]

we've already sold a chunk of it haven't we?

to the devil?

[MOZZER2]

lots of noise today about this

Would like to think this will gather a bit more pace the next few weeks with a bit more detail rather than rumours

[the other bob wilson]

lots of noise today about this

Would like to think this will gather a bit more pace the next few weeks with a bit more detail rather than rumours

https://www.youtube.com/live/aS3EGch...3yDVcwW38HMmU7

[Wales-Bales]

Whereas Lim Kok sounds like a disappointing date.

It does sound like an unfortunate medical condition, not that I would know anything about it.

[North Cardiff Blue]

He's sure to be considering selling, his kids won't want it, it's losing him a fortune and he's getting on and shit loads of stick.

He should have hired Managers instead or YTS coaches and he'd have lost a shit load less.

Although we've heard all this before, the problem is that buyers won't meet his valuations.

[jon1959]

He's sure to be considering selling, his kids won't want it, it's losing him a fortune and he's getting on and shit loads of stick.

He should have hired Managers instead or YTS coaches and he'd have lost a shit load less.

Although we've heard all this before, the problem is that buyers won't meet his valuations.

I doubt that’s the main problem - even if it is one of them. Tan has never taken money out of the club and has never given me the impression he owns it as an investment. He has (per Choo) put £250m in over the period of his ownership and had opportunities in the past to ‘cash out’.

In my opinion Tan holds on out of a massive sense of grievance (Sala, Malky, agents) and genuinely doesn’t want to sell to anyone he thinks will milk or sink the club - whilst being blind to the effects of a decade or more of mismanagement (or non management) on his watch. It is stubbornness not greed and paralysis not calculation that explains where we are.

[Hilts]

He's sure to be considering selling, his kids won't want it, it's losing him a fortune and he's getting on and shit loads of stick.

He should have hired Managers instead or YTS coaches and he'd have lost a shit load less.

Although we've heard all this before, the problem is that buyers won't meet his valuations.

What buyers?

[Cardiff Ultra]

You know what they say is the fastest way to become a millionaire?

Start as a billionaire and buy a foorball club!

An alternative version from the former Rangers chairman David Murray:
"Whats the best way to make a small fortune from football? Start with a large fortune."

[sneggyblubird]

@ 73 not a long term option.

[North Cardiff Blue]

I doubt that’s the main problem - even if it is one of them. Tan has never taken money out of the club and has never given me the impression he owns it as an investment. He has (per Choo) put £250m in over the period of his ownership and had opportunities in the past to ‘cash out’.

In my opinion Tan holds on out of a massive sense of grievance (Sala, Malky, agents) and genuinely doesn’t want to sell to anyone he thinks will milk or sink the club - whilst being blind to the effects of a decade or more of mismanagement (or non management) on his watch. It is stubbornness not greed and paralysis not calculation that explains where we are.

That makes sense, maybe a combination of both

[Taunton Blue Genie]

I would have thought that a prospective purchaser would prefer to buy a club whereby they had a say in who the new manager would be.

[Rock_Flock_of_Five]

I would have thought that a prospective purchaser would prefer to buy a club whereby they had a say in who the new manager would be.

This was what I was thinking. Perhaps, if talks are at an advanced stage (no one knows), then BBM could possibly be their choice.

[Rjk]

why are people even giving this the time of day?
the source is a west ham supporting pine salesman, formerly of this parish.

[Don Corleone]

why are people even giving this the time of day?
the source is a west ham supporting pine salesman, formerly of this parish.

Exactly, this sort of rumour is peddled on the other board every summer , just to increase hits and traffic

[ninian opinian]

Tony Rivers on Twitter now saying there’s something in the rumours.

https://x.com/tonyrivers1927/status/...LTsVTx09ZSEfIA

Who knows.

[Coyote]

I'll believe it when I see it. The Sala case needs to come to a head before Tan even thinks of selling.

Ideally you want someone who will be purchasing both Tan and Dalman's stakes, but I can live with keeping Dalman if we must. Like I said, ideal world both go, but Tan and Choo are the bigger issues right now.

[JamesWales]

I don't know what benefit to Tan there is of selling, aside from ridding himself of the hassle. The club would presumably be cheaper than any point in the last decade now.

That said, relegation does make us a pretty appealing project for many. There can't be many clubs with more "potential" than us in the third tier in the world can there?

[Garth Blue]

There's more to this than the usual bullsh1t. It seems there is a price for the club, then some kind of options re the debt and/or the outcome of the Sala case. So the Sala case is a material factor but doesn't necessarily hold up the sale of club.