YLN Posted May 17, 2016 Share Posted May 17, 2016 18 minutes ago, The Fun Factory said: Will we now have a five year plan? If it's the Chinese, it's more likely to be a 500 year plan. *Zhou Enlai French Revolution reference 2 Link to comment Share on other sites More sharing options...
jonny-recession Posted May 17, 2016 Share Posted May 17, 2016 If I'm not mistaken aren't PSG owned by the state of Qatar? Not sure that being owned or backed by the Chinese Government is the worst thing in the world if it follows that model. 4 Link to comment Share on other sites More sharing options...
MessiWillSignForVilla Posted May 17, 2016 Share Posted May 17, 2016 And Man City are effectively owned by the UAE government, not done them much harm 2 Link to comment Share on other sites More sharing options...
Daweii Posted May 17, 2016 Share Posted May 17, 2016 1 minute ago, jonny-recession said: If I'm not mistaken aren't PSG owned by the state of Qatar? Not sure that being owned or backed by the Chinese Government is the worst thing in the world if it follows that model. I think everyone is just concerned that if these "grants" they are giving us are suddenly used against us. It's very easy for someone on the receiving end of things to suddenly be held accountable if the giver starts to believe their time and money was wasted. The last thing we want is to be held to ransom by basically China. Link to comment Share on other sites More sharing options...
Popular Post Chindie Posted May 17, 2016 VT Supporter Popular Post Share Posted May 17, 2016 I think the shame at being owned by the Chinese government, should that be true and come to pass, is less to do with the financial good it does the club and more to do with the, er... character of the Chinese government. 6 Link to comment Share on other sites More sharing options...
Popular Post villakram Posted May 18, 2016 Popular Post Share Posted May 18, 2016 Well, this was a done deal... until they decided to do a final bit of due diligence and make sure that the fans would welcome them etc. Stumbled upon this thread and realized we're a bunch of Trumpian borderline racist types. Not to happy, they purchase City instead, who proceed to buy win the PL and CL in 2019/2020. Who laugh now! 9 Link to comment Share on other sites More sharing options...
villan_007 Posted May 18, 2016 Share Posted May 18, 2016 7 hours ago, Made In Aston said: Also Hollis told Shelley Oz of MOMS that the deal would be game changing Pretty sure this is lost in translation. She asked someone if they thought it would be a game changer. Nobody has actually said it will be game changing. Would love it though. Link to comment Share on other sites More sharing options...
KSV Posted May 18, 2016 Share Posted May 18, 2016 4 minutes ago, villan_007 said: Pretty sure this is lost in translation. She asked someone if they thought it would be a game changer. Nobody has actually said it will be game changing. Would love it though. yep. Definitely a bit of chinese whispers.... 1 Link to comment Share on other sites More sharing options...
Popular Post YGabbana Posted May 18, 2016 Popular Post Share Posted May 18, 2016 Casual racism is abit too far imo, hope we have no Chinese posters on this site 8 Link to comment Share on other sites More sharing options...
Demitri_C Posted May 18, 2016 Share Posted May 18, 2016 6 hours ago, snowychap said: If that's what ends up happening, we should be ashamed. Ashamed of what exactly? If we win games and trophies that's all that matters to me 1 Link to comment Share on other sites More sharing options...
Kingman Posted May 18, 2016 Share Posted May 18, 2016 7 hours ago, omariqy said: According to @reluctantnicko new owners will be government backed in the form of a grant. Owner will be better than Lerner in terms of £££ Eddie? Link to comment Share on other sites More sharing options...
Upper north stander Posted May 18, 2016 Share Posted May 18, 2016 4 minutes ago, Kingman said: Eddie? No, Mitchell! He's back didn't you know? Link to comment Share on other sites More sharing options...
Barney_avfc Posted May 18, 2016 Share Posted May 18, 2016 http://m.bbc.co.uk/sport/football/36318889 Relegated Aston Villa could be sold to a Chinese businessman by the end of this week for as little as £60m. American Randy Lerner, who bought the club a decade ago for a similar sum, is closer to a deal than at any time since putting it up for sale in 2014. The unnamed buyer's team is now looking over Villa's financial records. A new manager for the Midlands club - likely to be either Nigel Pearson or Roberto di Matteo - will not be announced until the deal is done. There have been several approaches made to Lerner since he put Villa up for sale but none have progressed as far as this. Villa are preparing for life in the Championship following their relegation from the Premier League. They finished bottom of the table with 17 points after sacking Remi Garde at the end of March. Former Leicester City manager Pearson and ex-Chelsea and West Bromwich Albion boss Di Matteo are the two favoured candidates to replace the Frenchman. Both men have management experience of the Championship, a division Villa find themselves in for the first time since 1987-88. The double announcement of new owner and manager could coincide, but there are still numerous hurdles to be cleared. A purchase agreement must be signed, proof of funds is necessary and the Football League needs to approve of the potential investor. Lerner has accepted blame for Villa's relegation Although Lerner wants out of Villa, he is still concerned that his successor has the club's best interests at heart. Any new owner will need to pump in more than just the estimated purchase price of around £60m. Additional money will be needed for the appointment of a new manager and his support staff, as well as a new chief executive, a finance director and a commercial director. The club may also need to pay up the contracts of unwanted players and find funds to bring in ones more suited to the rigours of Championship football. Giving established players long contracts in the past year, as well as signing 12 new ones last summer to the tune of £55m, means Villa's first-team squad is thought to have 74 years left on contracts. The man earmarked as the new chief executive is Keith Wyness, who did the job at Everton for five years until 2009. Wyness was well-regarded in his time at Everton and has built up extensive contacts in football, including in China. He has also acted as a consultant in buying and selling clubs, while also advising clubs on developments of stadiums and training grounds. Wyness has been seen at Villa Park on match days recently and has started to follow Villa-related social media accounts. 2 Link to comment Share on other sites More sharing options...
AlwaysAVFC Posted May 18, 2016 Share Posted May 18, 2016 Was just writing similar Pat Murphy saying it now on 5 live. Link to comment Share on other sites More sharing options...
Harry Posted May 18, 2016 Share Posted May 18, 2016 Good to see that Pat 'the voice of Midlands football' Murphy is capable of quoting what's been on VT for days.....utter clown. 1 Link to comment Share on other sites More sharing options...
PieFacE Posted May 18, 2016 VT Supporter Share Posted May 18, 2016 60million though? That's some drop in asking price by Randy. Link to comment Share on other sites More sharing options...
mjmooney Posted May 18, 2016 VT Supporter Share Posted May 18, 2016 It's nothing to do with racism. The Chinese government stinks from arsehole to breakfast. If they are our new owners I'll be seriously considering whether I continue any connection with this club (and thus football at all). 1 Link to comment Share on other sites More sharing options...
AlwaysAVFC Posted May 18, 2016 Share Posted May 18, 2016 5 minutes ago, Harry said: Good to see that Pat 'the voice of Midlands football' Murphy is capable of quoting what's been on VT for days.....utter clown. He has said it will be an individual, not a consortium or government backed. Which differs from everything else talked about recently. 1 Link to comment Share on other sites More sharing options...
KHV Posted May 18, 2016 Share Posted May 18, 2016 16 minutes ago, Barney_avfc said: http://m.bbc.co.uk/sport/football/36318889 Relegated Aston Villa could be sold to a Chinese businessman by the end of this week for as little as £60m. American Randy Lerner, who bought the club a decade ago for a similar sum, is closer to a deal than at any time since putting it up for sale in 2014. The unnamed buyer's team is now looking over Villa's financial records. A new manager for the Midlands club - likely to be either Nigel Pearson or Roberto di Matteo - will not be announced until the deal is done. There have been several approaches made to Lerner since he put Villa up for sale but none have progressed as far as this. Villa are preparing for life in the Championship following their relegation from the Premier League. They finished bottom of the table with 17 points after sacking Remi Garde at the end of March. Former Leicester City manager Pearson and ex-Chelsea and West Bromwich Albion boss Di Matteo are the two favoured candidates to replace the Frenchman. Both men have management experience of the Championship, a division Villa find themselves in for the first time since 1987-88. The double announcement of new owner and manager could coincide, but there are still numerous hurdles to be cleared. A purchase agreement must be signed, proof of funds is necessary and the Football League needs to approve of the potential investor. Lerner has accepted blame for Villa's relegation Although Lerner wants out of Villa, he is still concerned that his successor has the club's best interests at heart. Any new owner will need to pump in more than just the estimated purchase price of around £60m. Additional money will be needed for the appointment of a new manager and his support staff, as well as a new chief executive, a finance director and a commercial director. The club may also need to pay up the contracts of unwanted players and find funds to bring in ones more suited to the rigours of Championship football. Giving established players long contracts in the past year, as well as signing 12 new ones last summer to the tune of £55m, means Villa's first-team squad is thought to have 74 years left on contracts. The man earmarked as the new chief executive is Keith Wyness, who did the job at Everton for five years until 2009. Wyness was well-regarded in his time at Everton and has built up extensive contacts in football, including in China. He has also acted as a consultant in buying and selling clubs, while also advising clubs on developments of stadiums and training grounds. Wyness has been seen at Villa Park on match days recently and has started to follow Villa-related social media accounts. Well if the the unnamed buyer is looking at our financial records then there is a fair chance they will pull out. Our financial records are bloody awful Link to comment Share on other sites More sharing options...
Didiersix Posted May 18, 2016 Share Posted May 18, 2016 If it is £60 million then that really does prove, as if proof were needed, that Randy Lerner is the shittest businessman ever. Impressively bad. 1 Link to comment Share on other sites More sharing options...
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