Popular Post Chewie Posted May 21, 2016 Popular Post Share Posted May 21, 2016 (edited) 23 minutes ago, HeyAnty said: http://www.dailymail.co.uk/sport/football/article-3602825/Saviour-dreamer-Sportsmail-talks-Aston-Villa-s-owner-waiting-Dr-Tony-Xia.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490 info is starting to come. In reality Lerner got 50 odd mill and made him pay off debt. Quote Scrutiny, he is finding out, comes as part of the package and he discloses what he will pay for Villa. Lerner, the American owner, wanted more than £100m but Xia says he has settled for £52m up front, plus Xia’s guarantee of clearing Villa’s overdraft at HSBC of £24.5m. Xia says that £74.5m is thus sitting in a ring-fenced bank account. Lerner will earn a £30m bonus if Villa return to the Premier League within three years and another £10m if they stay there for another three years after promotion. ‘I appreciate it’s a big deal for Villa fans,’ he says. ‘But actually in pure business terms, I’m working on acquisitions much bigger than this.’ He says, for example, that within months he will complete a $3.5bn takeover of a US logistics firm. Quote Xia says he has offered the manager’s job to one of three candidates in the public domain but won’t confirm which of Roberto Di Matteo, Nigel Pearson or David Moyes it is. ‘When the manager is appointed, we will discuss his budget,’ Xia adds. It is expected between £20m and £50m will be available for transfers, depending on the case made by whoever gets the job. Quote The long-term plan include a football museum and theme park to attract football tourists from China and India, and the recruitment of young Chinese players to Villa’s academy, if not as formal scholars then on exchange programmes. Looks like he has the cash, has a firm idea about who he wants to manage, and also has a wacky side Edited May 22, 2016 by Chewie 10 Link to comment Share on other sites More sharing options...
DCJonah Posted May 22, 2016 Share Posted May 22, 2016 Pretty annoyed that Lerner gets money if this guy fixes his mistake. word removed. Link to comment Share on other sites More sharing options...
Kuwabatake Sanjuro Posted May 22, 2016 Share Posted May 22, 2016 In fairness the Teamax thing checks out http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=281129116 Quote Teamax Technologies Group offers research, development, and system integration services for software platforms in urban management, public security, and traffic and transportation sectors. The company is based in Hangzhou, China. As of April 7, 2016, Teamax Technologies Group operates as a subsidiary of Softto Co., Ltd. Link to comment Share on other sites More sharing options...
Popular Post Chewie Posted May 22, 2016 Popular Post Share Posted May 22, 2016 Just now, DCJonah said: Pretty annoyed that Lerner gets money if this guy fixes his mistake. word removed. I'll start the new doom and gloom conspiracy: Big Tone to keep us in the Championship for 3 years so he doesn't have to pay off Lerner! 12 Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted May 22, 2016 Share Posted May 22, 2016 Just now, Chewie said: I'll start the new doom and gloom conspiracy: Big Tone to keep us in the Championship for 3 years so he doesn't have to pay off Lerner! Before or after the 3.5 BILLION dollar takeover they have in the offing? 1 Link to comment Share on other sites More sharing options...
Chewie Posted May 22, 2016 Share Posted May 22, 2016 (edited) 13 minutes ago, Kuwabatake Sanjuro said: In fairness the Teamax thing checks out http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=281129116 http://www.txgis.com/ is their corporate site. If Teamax is a subsidiary, they are still a 16.4billion market cap company - https://www.google.com/finance?cid=700891 Edited May 22, 2016 by Chewie Link to comment Share on other sites More sharing options...
alreadyexists Posted May 22, 2016 VT Supporter Share Posted May 22, 2016 So he's got some money, does that mean that we can finally offer Bacuna a new 5 year contract? 3 Link to comment Share on other sites More sharing options...
HeyAnty Posted May 22, 2016 Share Posted May 22, 2016 He mentioned Villa scouting and take best chinese young talent. How would they be allowed to come here? We couldnt even get a goal keeper in jan for 6 mill Link to comment Share on other sites More sharing options...
Daweii Posted May 22, 2016 Share Posted May 22, 2016 26 minutes ago, alreadyexists said: So he's got some money, does that mean that we can finally offer Bacuna a new 5 year contract? Unfortunately he's going to Barcelona. His talk of how much he knows about Champions League football has got around and clubs are impressed. He'll be going there on £450,000 a week with steep appearance bonuses and a 20% bonus every time he mentions the Champions League on Twitter. There is also talk that he is going to be groomed to be the next Messi and while some may think he's too old for that you have to realise his skill is on another level. 4 Link to comment Share on other sites More sharing options...
The_Rev Posted May 22, 2016 Share Posted May 22, 2016 But we will be a Champions League club within five years and with Dr X's cash, who knows, maybe Bacuna can get that three bedroom end terrace in Shard End he's always dreamed of? 3 Link to comment Share on other sites More sharing options...
spiezels Posted May 22, 2016 Share Posted May 22, 2016 That article has eased my fears a little! 1 Link to comment Share on other sites More sharing options...
hoaxn Posted May 22, 2016 Share Posted May 22, 2016 That does calm the nerves down a bit. The question about Samuelsons role still remains though. Link to comment Share on other sites More sharing options...
Daweii Posted May 22, 2016 Share Posted May 22, 2016 6 minutes ago, hoaxn said: That does calm the nerves down a bit. The question about Samuelsons role still remains though. China have very strict foreign exchange laws. Unless Xia already has lots of funds outside of China he would need a way to get them out of China to do anything sizeable here. Samuelson may just be the right amount of dodgy to be Xia's underground money changer. Link to comment Share on other sites More sharing options...
dudevillaisnice Posted May 22, 2016 Share Posted May 22, 2016 That article is very informative in fairness to him he seems keen to talk to the press unlike most other owners including our former one. Interesting he states the budget based on the case the manager makes, I would hope any manager coming in would say wholesale changes are required. 2 Link to comment Share on other sites More sharing options...
Popular Post Jareth Posted May 22, 2016 VT Supporter Popular Post Share Posted May 22, 2016 Left the wife mid argument, went to bog, read article, returned to wife, all is forgiven dear! The power of football. 7 Link to comment Share on other sites More sharing options...
YGabbana Posted May 22, 2016 Share Posted May 22, 2016 Says pretty much same as when he took over. All positive. Yet some fans were questioning it lmao Link to comment Share on other sites More sharing options...
Jareth Posted May 22, 2016 VT Supporter Share Posted May 22, 2016 I honestly think our Tony has been on this forum, in truth he did need to show some sort of proof of his wealth just to reassure fans, and this is how he did it via the mail. When he said he would improve communication he meant it. It really is now time to get behind this guy (oo-er) 100%. 2 Link to comment Share on other sites More sharing options...
sexbelowsound Posted May 22, 2016 Share Posted May 22, 2016 5 minutes ago, Jareth said: I honestly think our Tony has been on this forum, in truth he did need to show some sort of proof of his wealth just to reassure fans, and this is how he did it via the mail. When he said he would improve communication he meant it. It really is now time to get behind this guy (oo-er) 100%. He has, he created this thread "Insight to Villa’s take over by Tony Xia - How football as a business is run in China" See, even says so in the title. 1 Link to comment Share on other sites More sharing options...
Jareth Posted May 22, 2016 VT Supporter Share Posted May 22, 2016 1 minute ago, sexbelowsound said: He has, he created this thread "Insight to Villa’s take over by Tony Xia - How football as a business is run in China" See, even says so in the title. I love that thread. I was lecturing the wife on how football works in China, she actually listened. Link to comment Share on other sites More sharing options...
sexbelowsound Posted May 22, 2016 Share Posted May 22, 2016 Just now, Jareth said: I love that thread. I was lecturing the wife on how football works in China, she actually listened. Tony is a knowledgeable man. We're in safe hands. Link to comment Share on other sites More sharing options...
Recommended Posts