http://www.bbc.co.uk/news/uk-wales-25696891 Mr Morgan said: "It is a worrying level of debt, though just over half of it is owed to Mr Tan. "He has promised* to convert all of his loan into shares. If he does, it effectively means the club become debt free. "If he doesn't, it remains in the same position financially. The debt has gone up but then nothing has worsened, it is money owed to the owner. "But if he pulls the rug, they're knackered." * Best support the Red Army then!
In fairness that scenario applies to the vast majority of premiership teams including the likes of Chelsea and Man Utd. Both clubs have massive debts. The Swansea way is certainly different and fortunately for us working well.
Mr Morgan doesn't sound very convinced does he? Lots of if's and no whens. He seems concerned to me. If, if, if.
I don't think I will lose much sleep over the financial plight of our neighbours. There are far more worthy causes to warrant my concern.
Excuse my ignorance as i dont really understand it, but where does this stand with the new Financial fair play rules. Anyone please.
wow that makes 3 cardiff threads, great to see you care about us so much...... libertarian, that fanciful claim of yours that you dont care about the finances of cardiff city would be more credible if you didnt comment twice on a thread about it, bear that in mind. enjoy the rest of your season, ol timer......
Vincent Tan should ban all dissenting pro-blue voices from the stadium. It's his club and they should respect that. You sound concerned.
My complete indifference to Cardiff's financial plight is based on reality,my reality,and to read something else into it,well,that's you being "fanciful". Commenting on a thread such as this has no particular significance,however,if it pleases you to think otherwise,who am I to spoil your day. I hope you enjoyed the lesson you were given last Saturday!!!
Just for you arsewipe We all care about you I mean when you disappear down the leagues who else could we talk about
thanks ****stain, same for you..... lib, like i said, your telling porkies (and you know it) but despite that, enjoy the rest of your season....
And yet here they are, reading the forum. Do you have a forum? I checked it out, once. But it had the wrong colour scheme so I just assumed it was out of date. Ole! Red Army! Ole!
[video=youtube;2g5Hz17C4is]http://www.youtube.com/watch?v=2g5Hz17C4is[/video] I was SwanseaCityNo10, representing Trunds!
Seeing as you're still here I've got a simple question for you, are you supporting VT's club or are you a pro-blue dissenter?
