There is indeed a due diligence exercise in progress. I understand it is being led for CAFC by Slater and Max Deeley - and that PT Prothero only learned about it from Richard Murray. I'll leave you to look Max up. His directorships are interesting. I would say Russian involvement is likely, but I don't have any verification of that.
Mr Deeley seems to like getting involved with companies with 'Blue' in their titles. New shirt sponsor and new club colours might be part of any deal. Have Cardiff got any old shirts they ain't gonna need?
There is indeed a due diligence exercise in progress. I understand it is being led for CAFC by Slater and Max Deeley - and that PT Prothero only learned about it from Richard Murray. I'll leave you to look Max up. His directorships are interesting. I would say Russian involvement is likely, but I don't have any verification of that.
I expect the club is "in play" this summer but without any other knowledge we can only assume it is 50:50 whether a deal goes through. Whoever owns the club, it is still losing money, albeit the losses should be shrinking with ST price rises and the departure of a number of players.
As reported by the trust recently, CAFC losses are within FFP guidelines and there is room to spend on the squad if money is available. Whether we want or don't want a particular nationality of owner is out of our gift. The only thing which is certain is that there are gaps in the playing squad which need filling. Whether they are filled with loans, permanent signings or academy graduates is the question right now.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for. Then again i might just be being optimistic.
There is, however, the moral dilemna of where is this Russian money coming from. If it's from an oligarch then would people be happy with them spending money on the club? Many Russian billionaires are billionaires so quickly after the fall of the soviet union because of mafia connections and dodgy dealings. I'm making a wild generalisation here and I'm sure there are many "straight edge" seriously rich Russians in the world.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for.
Well he's potentially put the kybosh on it now, hasn't he. Nice one.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for.
Well he's potentially put the kybosh on it now, hasn't he. Nice one.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for. Then again i might just be being optimistic.
There is, however, the moral dilemna of where is this Russian money coming from. If it's from an oligarch then would people be happy with them spending money on the club? Many Russian billionaires are billionaires so quickly after the fall of the soviet union because of mafia connections and dodgy dealings. I'm making a wild generalisation here and I'm sure there are many "straight edge" seriously rich Russians in the world.
I don't share your confidence about that. I think you'll find that most of the "seriously rich" Russians got their dosh by plundering state assets.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for.
Well he's potentially put the kybosh on it now, hasn't he. Nice one.
If it has got that far then I doubt Airman's 'leak' would kill the deal.
I think the fact that this news has broken with Rick saying due diligence has been happening for some weeks without anyone "ITK" saying something is happening makes me think that this has more legs than people are giving it credit for.
Well he's potentially put the kybosh on it now, hasn't he. Nice one.
If it has got that far then I doubt Airman's 'leak' would kill the deal.
Really? Been involved with many dd exercises have you?
I have. Each deal is different, of course, but the last thing anyone on either side usually wants is the deal leaking out before they are good and ready. That kind of shit has a tendency to sour things.
Of course, things may be getting leaked deliberately for a variety of reasons. But in my view the best policy is to keep Schtum until its a done deal.
Unless you are trying to make things difficult, of course.
Comments
It means they are more like this guy......
http://en.wikipedia.org/wiki/Dmitry_Rybolovlev
Falcao please.
*boing*
http://www.ccdni.com/director-michael-robert-slater
http://www.ccdni.com/director-max-howard-deeley
assailant = нападающий (napadayuschij)
defender = защитник (zaschitnik)
line = черта (cherta)
goal = гол (gol)
red card = красная карточка (krasnaya kartochka)
yellow card = желтая карточка (zhyoltaya kartochka)
As reported by the trust recently, CAFC losses are within FFP guidelines and there is room to spend on the squad if money is available. Whether we want or don't want a particular nationality of owner is out of our gift. The only thing which is certain is that there are gaps in the playing squad which need filling. Whether they are filled with loans, permanent signings or academy graduates is the question right now.
There is, however, the moral dilemna of where is this Russian money coming from. If it's from an oligarch then would people be happy with them spending money on the club? Many Russian billionaires are billionaires so quickly after the fall of the soviet union because of mafia connections and dodgy dealings. I'm making a wild generalisation here and I'm sure there are many "straight edge" seriously rich Russians in the world.
I have. Each deal is different, of course, but the last thing anyone on either side usually wants is the deal leaking out before they are good and ready. That kind of shit has a tendency to sour things.
Of course, things may be getting leaked deliberately for a variety of reasons. But in my view the best policy is to keep Schtum until its a done deal.
Unless you are trying to make things difficult, of course.