With all legal charges held by creditors other than Tan now formally lifted after submissions to Company House yesterday, will we now get the promised loan/equity conversion? http://www.walesonline.co.uk/sport/football/football-news/cardiff-city-owner-vincent-tan-8306378
Doesn't look like the move of a guy planning on selling. Ignoring what he has done with the kits, fan base, team and manager at least it looks like we'll leave Tan's reign in a better financial position than when he bought us. ITI when Tan says he's going to do something he usually does it. Do feel he'll have the last laugh mind.
Could go either of 2 ways. Lets hope it is the positive one of capitalising much of the loan debt into shares. I think that would help with FFP but I could be wrong. A more conciliatory approach to the fans would help too. Unfortunately that's where Iti's cartoon comes back to life.
