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Football BALE TALKS ABOUT CARDIFF CITY TAKEOVER BID
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Where is the trust in the trust?
The fans have now been given a glimpse of a better future. One that doesn’t involve Tan. Any speculation will ramp up the pressure on Tan and possibly push him into selling at a bargain price - which may well have been the intention of going public with the news…
Something doesn't quite add up. I am fairly sure that, whenever a question has been asked in terms of whether the club is for sale, the answer has consistently been "everything's for sale at the right price".
So why, if an interested buyer has contacted the club saying "we'd like to table a bid" have they been told to piss off?
The Welsh media don't seem to have their ear to the ground at all.
They don't get anymore information than what's available on here
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One company tried to set itself up as a Welsh media outlet to consider big national issues but seems to be really struggling
Ooooof. That will hit Teeds hard
I wonder if they've got ears at all
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Who can trust the trust?The latest statement from the Trust seems to confirm that there is nothing to this and it is a Yank fishing trip.
Vincent Tan's response to the Gareth Bale interest as two big issues emerge
The Cardiff City Supporters' Trust have posted an update on where things currently standwww.walesonline.co.uk
Where is the trust in the trust?
Hate trust
Doesn’t matter.The latest statement from the Trust seems to confirm that there is nothing to this and it is a Yank fishing trip.
Vincent Tan's response to the Gareth Bale interest as two big issues emerge
The Cardiff City Supporters' Trust have posted an update on where things currently stand
The fans have now been given a glimpse of a better future. One that doesn’t involve Tan. Any speculation will ramp up the pressure on Tan and possibly push him into selling at a bargain price - which may well have been the intention of going public with the news…
There's nothing in that article we didn't already know anyway.Doesn’t matter.
The fans have now been given a glimpse of a better future. One that doesn’t involve Tan. Any speculation will ramp up the pressure on Tan and possibly push him into selling at a bargain price - which may well have been the intention of going public with the news…
The latest statement from the Trust seems to confirm that there is nothing to this and it is a Yank fishing trip.
Vincent Tan's response to the Gareth Bale interest as two big issues emerge
The Cardiff City Supporters' Trust have posted an update on where things currently stand
...... except that it has now been confirmed by the club
The latest statement from the Trust seems to confirm that there is nothing to this and it is a Yank fishing trip.
Vincent Tan's response to the Gareth Bale interest as two big issues emerge
The Cardiff City Supporters' Trust have posted an update on where things currently stand
Something doesn't quite add up. I am fairly sure that, whenever a question has been asked in terms of whether the club is for sale, the answer has consistently been "everything's for sale at the right price".
So why, if an interested buyer has contacted the club saying "we'd like to table a bid" have they been told to piss off?
WEED CLUB Only expressed an interest far as I know. Essentially the equivalent of fuck all
As usual a misleading piece from WoL. Firstly there is no response from Tan as the headline claims. Secondly the stuff from Keith Morgan is from an interview he did yesterday morning on Wales Today, before GB’s interview yesterday evening.The latest statement from the Trust seems to confirm that there is nothing to this and it is a Yank fishing trip.
Vincent Tan's response to the Gareth Bale interest as two big issues emerge
The Cardiff City Supporters' Trust have posted an update on where things currently stand
Absolutely.
The Welsh media don't seem to have their ear to the ground at all.
They don't get anymore information than what's available on here
Sadly we don't really have a Welsh media. Wales Online is a slightly bigger equivalent of Gloucestershire Online etc. Very few journalists on the staff and mostly just recycling copy or turning rumours and conjecture into articles. Loads of misleading clickbait, rehashing old news and padding out the thinnest of stories
One company tried to set itself up as a Welsh media outlet to consider big national issues but seems to be really struggling
It's typical WoL fluff, pieced together from info already out there. I wonder if there's a single journalist left on their staff with an ear at the club.
The article seems to be based on what the trust said in this release:
There has been considerable discussion on social media recently about a bid to acquire Cardiff City FC from current owner Vincent Tan. The situation seems to be somewhat confusing but the actual position appears to be as follows:
Claims that an actual bid by a US based consortium has been made are a bit misleading. As a result of a conversation the Trust has had with the club at board level it seems that no formal bid has been made for the club to consider. Rather, a notice of intention to make such an offer was delivered direct to owner Vincent Tan who seems to have had little interest in it and, in the absence of an actual bid, the matter was not progressed further. The board have confirmed that no bid has been received and that one is not anticipated.
In a very recent Sky Sports interview Gareth Bale stated that he would be interested in being involved with a consortium looking to acquire the club but didn’t claim that an actual bid had been made. He said that something might happen in the future but put no timescale on it.
The consortium seem to have to date just started what I would call a “fishing trip”. i.e put some bait on a line to various football clubs (Plymouth Argyle have been mentioned to date but there may have been others) to see if any of them take a “bite” by showing an intent to explore the matter further.
I have taken soundings from some of my former business colleagues in the accountancy world (some of them having football advisory experience) and their view, and one that might be shared by the owner, is that it would be inadvisable to consider a sale of the club at the moment for a number of reasons, including the following
As a consequence of last season’s relegation the club’s income from TV/media rights and the solidarity payments through the EFL agreement with the Premier League has dropped by a total of approximately £10m. This obviously impacts on the selling value of the club.
The formal hearing in the ongoing legal claim against FC Nantes is due to be held in just a few months time in September with a ruling laid down by the end of this calendar year. If the claim is successful (and there is great optimism that it will) then the club could benefit by many millions of pounds. This would significantly increase the value of the club.
In summary, the position remains uncertain. The Trust will continue to provide updates and commentaries if and when the situation changes
Keith Morgan
Chair
There has been considerable discussion on social media recently about a bid to acquire Cardiff City FC from current owner Vincent Tan. The situation seems to be somewhat confusing but the actual position appears to be as follows:
Claims that an actual bid by a US based consortium has been made are a bit misleading. As a result of a conversation the Trust has had with the club at board level it seems that no formal bid has been made for the club to consider. Rather, a notice of intention to make such an offer was delivered direct to owner Vincent Tan who seems to have had little interest in it and, in the absence of an actual bid, the matter was not progressed further. The board have confirmed that no bid has been received and that one is not anticipated.
In a very recent Sky Sports interview Gareth Bale stated that he would be interested in being involved with a consortium looking to acquire the club but didn’t claim that an actual bid had been made. He said that something might happen in the future but put no timescale on it.
The consortium seem to have to date just started what I would call a “fishing trip”. i.e put some bait on a line to various football clubs (Plymouth Argyle have been mentioned to date but there may have been others) to see if any of them take a “bite” by showing an intent to explore the matter further.
I have taken soundings from some of my former business colleagues in the accountancy world (some of them having football advisory experience) and their view, and one that might be shared by the owner, is that it would be inadvisable to consider a sale of the club at the moment for a number of reasons, including the following
As a consequence of last season’s relegation the club’s income from TV/media rights and the solidarity payments through the EFL agreement with the Premier League has dropped by a total of approximately £10m. This obviously impacts on the selling value of the club.
The formal hearing in the ongoing legal claim against FC Nantes is due to be held in just a few months time in September with a ruling laid down by the end of this calendar year. If the claim is successful (and there is great optimism that it will) then the club could benefit by many millions of pounds. This would significantly increase the value of the club.
In summary, the position remains uncertain. The Trust will continue to provide updates and commentaries if and when the situation changes
Keith Morgan
Chair
Which is exactly what I said above.
yeah you did we all saw itNever said you didn't
Ooooof. That will hit Teeds hard
I wonder if they've got ears at all
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