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Thread: People calling for Tan to go

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  1. #1

    Re: People calling for Tan to go

    Quote Originally Posted by Rjk View Post
    I think it isn't unusual for clubs to lose money in their first year in the premier League, as there is often a lot of squad strengthening to do.
    I think I'm right in saying that CCFC has made a profit just once or maybe twice during Tan's reign, and each time the profit was relatively small, especially by comparison to the losses.

    The club has decided to cut its losses on players often enough in recent years. I don't think it would be at all idiotic if Tan was to decide to cut his losses on the club. On the contrary, unless he's going to dramatically change the way he runs the club, it would seem the sensible thing to do.

  2. #2

    Re: People calling for Tan to go

    Quote Originally Posted by The Lone Gunman View Post
    I think I'm right in saying that CCFC has made a profit just once or maybe twice during Tan's reign, and each time the profit was relatively small, especially by comparison to the losses.

    The club has decided to cut its losses on players often enough in recent years. I don't think it would be at all idiotic if Tan was to decide to cut his losses on the club. On the contrary, unless he's going to dramatically change the way he runs the club, it would seem the sensible thing to do.
    When you talk about cutting one’s losses put a figure on it. Presumably we are not talking about a couple of grand but hundreds of millions. Put a figure on what you think CCFC is presently worth.

  3. #3

    Re: People calling for Tan to go

    Quote Originally Posted by pomeroy View Post
    When you talk about cutting one’s losses put a figure on it. Presumably we are not talking about a couple of grand but hundreds of millions. Put a figure on what you think CCFC is presently worth.
    It's not worth a cockle.

  4. #4

    Re: People calling for Tan to go

    Quote Originally Posted by The Lone Gunman View Post
    It's not worth a cockle.
    So essentially you are saying that CCFC is worth nothing which effectively means you are suggesting that Tan takes a hit in excess of £100million on selling the club even if someone was prepared to buy it!!

  5. #5

    Re: People calling for Tan to go

    Quote Originally Posted by pomeroy View Post
    So essentially you are saying that CCFC is worth nothing which effectively means you are suggesting that Tan takes a hit in excess of £100million on selling the club even if someone was prepared to buy it!!
    According to his trusty Chairman, Tan is losing a significant amount of money every month!!! He loses a significant amount of money at CCFC every year!!!

    The chances of Tan ever turning a profit on his involvement with CCFC are miniscule. He's almost 100% guaranteed to have lost many millions of pounds by the time he severs his ties with the Bluebirds. The questions are how much money is he prepared to lose and when will he decide to sell up?

    As things stand, CCFC is a failed project that has cost him a huge amount money and things are showing no signs of improving, so what will he do next? Will he continue to throw good money after bad and keep his fingers crossed that things will get better? Will he attempt to radically alter the set-up at the club in a bid to improve its future worth? Or will he seek to sell the club and cut his losses?

    Option one would obviously be a ridiculous course of action. Option two would be another gamble and one which he may not be willing to take given the way in which things have worked out for him here. Considering the length of time he's owned CCFC, the amount of money he's ploughed in during that time and the fact that the club is no further forward now than it was when he took control, he may consider option three to be the most sensible. However, who knows what Vinnie is thinking as far as Cardiff City is concerned?

  6. #6

    Re: People calling for Tan to go

    Quote Originally Posted by The Lone Gunman View Post
    I think I'm right in saying that CCFC has made a profit just once or maybe twice during Tan's reign, and each time the profit was relatively small, especially by comparison to the losses.

    The club has decided to cut its losses on players often enough in recent years. I don't think it would be at all idiotic if Tan was to decide to cut his losses on the club. On the contrary, unless he's going to dramatically change the way he runs the club, it would seem the sensible thing to do.
    It makes sense to do what he's doing in a short term business sense.

    To do that and maintain progress on the pitch (which you ultimately need in order to guarantee income streams) you have to be very astute . You need a DOF. You need a manager who understands working with a DOF and isn't asking for millions. You need to have great scouting/recruitment and a great a academy.

    If you don't have those things and rely on the Warnocks of this world, you are likely to be a yo-yo club at best. At worst you're going to be left behind by the teams in the championship that are starting to run their clubs like premier league sides.

    Tan is able to make decisions regarding cutting costs but he doesn't understand the way the industry is progressing. The economic margins he has are being poorly invested and will ultimately result in an ever decreasing income (ticket sales, merch, sponsorship) . He'll then have to cut cost again until the playing side is not up to the standard of this league.

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