west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 31,053
I have a feeling that this is all going to end very badly for Cardiff. My understanding is that Tan has not converted any debt into equity (i.e. he hasn't actually pumped in very much of his own money) and if his unpopularity causes him to walk away he would leave behind a debt laden financially unsustainable club that could easily do a Rangers and go into liquidation and then be re-formed as a Newco. This may well be the only way that the fans get their club back.