Been browsing around the sites because it's a bit quiet and came across an article which I thought might spark a bit of debate over here, if only to speculate. In attendance at Sundays historical game was none other than Peter Lim. Shouts of WHO? Peter Lim is a Singapore businessman estimated to be worth, in the region of $1.6 billion. Now he could have asked a certain fellow City fan to get him a ticket for the League opener in anticipation of a fantastic match. Or he was coming to see what all the interest was in Cardiff City Football Club. After that game he couldn't fail to be impressed with the on field action. Will he now be looking to get a slice of the off field action?
I hope he does but I cannot see Tan being second fiddle to anyone, and struggle to seem Lim being so either. I'd like to see both but would not be shocked to see one or the other. The best option is if Tan floats the company and Lim buy a big load of shares but less than Tan.
I have seen his name mentioned in the web (will have to find it) somewhere about VT inviting him and other potential investors over. It will be the long game with VT and he must have been chuffed with the win for business reasons as well as football reasons.
Lim has been linked with more clubs than Tiger Woods. This was put about at the back end of last season when he attended a game at the CCS as a guest of Tan. He was recently suggested to be buying Middlesbrough off Steve Gibson. Before that it was Liverpool and Rangers I think just before they went tits up. I'm sure I read somewhere that he's also looking to buy Atletico Madrid. Perhaps he just likes football.......... Was he actually at the Man City game, or did someone see another oriental face and stuck his name on it?
Peter Lim & Vincent Tan work together on other projects, his name has been banded about for while and there is talk that other far East businessmen were at CCS on Sunday.
Dai! Are you sure you are not thinking of Simon Lim? I think this could be a precursor to the floatation idea personally.
It's probably more to do with the floatation, lets face it, VT has done pretty much every other part of his plan for the club. I really couldn't see anyone else putting a huge investment in so early in the season, the risk we could go down is still there. If this was the last couple of games and we were safe, then I would be a lot more optimistic it was a partner putting in more.
There's no way Tan will have anyone else invest in the club as a secuered loan and then convert his owns loans into equity - he isn't that sort of daft mug. If he completes the conversion of the debt into equity which he's already publicly committed himself to once he's acquired the share capital of some other minor holders, then we might see some action on further investment. Vince would be able to launch the club on the KL bourse to raise cash, or even just sell a chunk of the equity personally to someone like Lim. I'd have thought that after Sunday's result and performance from the team (AND the crowd!), he'd be very reluctant to offload anything cheaply - let's face it, he hardly needs the money personally.
Dai! I don't think so, but then I don't know my Lim's from my torso's. Good to see you Dai. We don't see enough of you fella.
I would think, like some others on here, that it's for when we go to market, shares make prizes, sometimes.
