Folski Posted May 24, 2016 Share Posted May 24, 2016 What's the latest? Short summary please 10 words or less? Link to comment Share on other sites More sharing options...
Popular Post Daweii Posted May 24, 2016 Popular Post Share Posted May 24, 2016 2 minutes ago, Folski said: What's the latest? Short summary please 10 words or less? "Takeover is good, fit and proper going well. XIA IN!" Boom!! 10 words!! 7 Link to comment Share on other sites More sharing options...
Popular Post Villan4Life Posted May 24, 2016 Popular Post Share Posted May 24, 2016 http://www.telegraph.co.uk/football/2016/05/24/aston-villa-new-owner-lines-up-roberto-di-matteo-and-prepares-to/ Quote Aston Villa’s deeply unpopular scouting team are to be the first casualties of sweeping changes at the relegated club, incoming owner Tony Xia said, as he outlined why Roberto Di Matteo has the credentials to take the team forward. Di Matteo is widely expected to be named the new Villa manager before the end of the week, but while Xia spoke of how the Italian was the ideal man for the job, he refused to say whether a deal had already been agreed. He was more direct, however, on the subject of Villa’s head of recruitment, Paddy Riley, and his scouting team, who have been widely blamed for a dismal season which saw only three games won by the Premier League’s bottom club. “I think a lot of Villa fans will agree that one thing we have to make much stronger is the scouting team,” he said. “I think, more or less, the scouting team they had before, they have to take a lot of responsibility.” Asked whether the Villa Park scouts would be dismissed, he replied that there would be “new ones”. Xia also said that he had no plans to rename Villa Park, and strongly denied reports that he was to name it after one of his companies. He also spoke about how Di Matteo had emerged as the strongest candidate for the managerial position after David Moyes withdrew from the race on Monday. Former Leicester manager Nigel Pearson and Di Matteo were both being considered because they had experience gaining promotion from the Championship, Xia said. Di Matteo had emerged as the favourite as he had more experience in the Premier League. More importantly, the Champions League-winning manager could also help the Chinese businessman achieve his dream of raising Villa’s international profile. “That is maybe the reason that a lot of people say that I am favouring Di Matteo,” he said. Xia, who was speaking at the head office of his Recon Group business empire in Beijing, said he was also looking forward to taking formal control at Villa. He said there was “no reason” that he would fail a 'directors’ test’ currently being undertaken by the Premier League and the Football League. “I think there is no way, and not any excuse, that they should turn me down because I am a person who is doing everything legally,” he said. “I am enthusiastic for the club and I will devote myself to it and I am responsible to take it over. There is no reason they will disapprove of that.” Xia’s background had come under scrutiny after he was named as the prospective owner for Villa, particularly over allegations that he had fabricated his academic record. But the Harvard graduate said it was “insane” that such accusations were made. He said the episode, which blew up in the Chinese media several years ago, had caused him to maintain his privacy – and was one of the reasons why his wealth is not as visible as many of China’s business elite. Xia occasionally revealed a shy, edgy side as he repeatedly refused to put a figure on how much he is worth, saying the only thing that was important was that he is wealthy enough to be a “responsible” owner for Villa. He had also attracted attention in the media over his political connections, which he said he developed by advising scores of city mayors across China on planning projects. “I do have a very good personal connections with all the government officials,” he said. “But one thing for me, I never get too close with the politics or politicians. I get all my business just by very healthy and legal ways.” Despite his apparent unease with the media, the 41-year-old said he agreed to speak to the press in recent days as he understands Villa fans and the football world want to know about his plans, which include wanting to replicate Villa’s 1982 European Cup success. 9 Link to comment Share on other sites More sharing options...
GlasgowVilla Posted May 25, 2016 Share Posted May 25, 2016 13 hours ago, R1chuk said: Is he any different ti Abramovic? Is anyone? Link to comment Share on other sites More sharing options...
lapal_fan Posted May 25, 2016 Share Posted May 25, 2016 And with more information, we can all begin to relax a little bit. Time is key. I'd still like to know who his team are, with regards to the board. And if he is a part of it, I'd like to know what Samuelson's role will be. But for the mean time, I'm happy. Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted May 25, 2016 Share Posted May 25, 2016 Lighten up! Link to comment Share on other sites More sharing options...
John Posted May 25, 2016 Share Posted May 25, 2016 Is anyone else wondering why Hollis has said nothing recently to try to ease the uncertainty that has developed over the takeover? Surely he should be in a position to vouch for our new owner having undertaken the sort of checks that the PL & FL will be doing himself on behalf of the club before the deal was agreed? Link to comment Share on other sites More sharing options...
TRO Posted May 25, 2016 Share Posted May 25, 2016 (edited) 16 minutes ago, John said: Is anyone else wondering why Hollis has said nothing recently to try to ease the uncertainty that has developed over the takeover? Surely he should be in a position to vouch for our new owner having undertaken the sort of checks that the PL & FL will be doing himself on behalf of the club before the deal was agreed? I think he has John....but hey! as soon as the funds hit Randy's bank account ....their job is done, from their corner. the rest is just rhetoric and emotive posturing...from them Edited May 25, 2016 by TRO 2 Link to comment Share on other sites More sharing options...
avfcwills10 Posted May 26, 2016 Share Posted May 26, 2016 (edited) I've just been looking back over old articles on the actual Recon website, an article from mid last year states (and I saw some other similar posts yesterday, but not actually from Recon themselves): ''Joint Rui Kang Group (RECON): is a business around the world the wisdom of Economy and Capital Management Group, the Group comprises a smart city, smart manufacturing and equipment, health agriculture, wisdom, logistics and new energy, transportation, smart tourism and financial investments 6 large complete industrial platform, 22 hundred independent brands and independent operators. By holding China A shares and overseas listed companies and five shares of more than a dozen industry ecosystem-related companies, asset size of over 100 billion, covering 500 Chinese cities and more than one third of the urban population, a total of more than 5,000 large the projects, including town planning and construction of smart city more than 400 cities. While continuing to ideas and technologies and wisdom "Internet +" for the driver thinking to explore new generation of information technology support, the next generation of innovative knowledge society (innovation 2.0) smart city development model form environment. From the overall perception, interconnection to the intelligent integration of applications, and promote the transformation and upgrading of traditional industries, in order to achieve harmonization and sharing of resources. Grasp the enormous opportunities for change in the world economy industry 4.0 times, to build production (workers) industry production to 4.0 times from the wisdom of life wisdom maturing ecosystem, a leading industry wisdom economic development of the new economic enterprises.'' Link: http://www.reconig.com/htm/11.htm Edited May 26, 2016 by avfcwills10 Link to comment Share on other sites More sharing options...
PieFacE Posted May 26, 2016 VT Supporter Share Posted May 26, 2016 It all depends what currency we're talking about? I'm assuming the 100 billion above is in Yuan, which would equate to £10bn... not bad Link to comment Share on other sites More sharing options...
StefanAVFC Posted May 26, 2016 Share Posted May 26, 2016 I had a dream that the whole takeover was a prank, but Dr X wasn't in on it. Yeah, I don't get it either. Link to comment Share on other sites More sharing options...
avfcwills10 Posted May 26, 2016 Share Posted May 26, 2016 6 minutes ago, PieFacE said: It all depends what currency we're talking about? I'm assuming the 100 billion above is in Yuan, which would equate to £10bn... not bad Yes almost certainly Yuan. In excess of 100bn Yuan (although it's obviously assets not cash) would put him around the Abramovich level. Link to comment Share on other sites More sharing options...
GENTLEMAN Posted May 26, 2016 Share Posted May 26, 2016 7 minutes ago, PieFacE said: It all depends what currency we're talking about? I'm assuming the 100 billion above is in Yuan, which would equate to £10bn... not bad One article said they had assets worth over 14.5 billion euros. Link to comment Share on other sites More sharing options...
Jareth Posted May 26, 2016 VT Supporter Share Posted May 26, 2016 3 minutes ago, avfcwills10 said: Yes almost certainly Yuan. In excess of 100bn Yuan (although it's obviously assets not cash) would put him around the Abramovich level. Abramovich is (only) worth 5 bill GBP. Tony's wealth puts us second only to Man Citeh if you go with the 10 bill GBP as the figure. But then if you were to take him at his word, that he has 80 private companies at a value similar to the one he just sold then his wealth is basically on a par with Man Citeh. In other words, relegation clauses aside, we needn't ever sell our best players again. Link to comment Share on other sites More sharing options...
Gary Thomas Posted May 26, 2016 Share Posted May 26, 2016 (edited) I think he has enough! How he uses it is what matters now. I like what he is saying but will feel better when the new manager is in place and we start doing deals and rebuilding. Edited May 26, 2016 by Gary Thomas Link to comment Share on other sites More sharing options...
osmark86 Posted May 26, 2016 Share Posted May 26, 2016 either way seems like they're filthy rich. good, good. 1 Link to comment Share on other sites More sharing options...
Dodgyknees Posted May 26, 2016 Share Posted May 26, 2016 "A sale has been arranged to an individual we know nothing about." http://news.bbc.co.uk/1/hi/3036838.stm 1 Link to comment Share on other sites More sharing options...
rubberman Posted May 26, 2016 Share Posted May 26, 2016 1 minute ago, DK82 said: "A sale has been arranged to an individual we know nothing about." http://news.bbc.co.uk/1/hi/3036838.stm That's very interesting. Easy to forget how things have changed. Replace Abramovich with Xia and here we are. 1 Link to comment Share on other sites More sharing options...
Gary Thomas Posted May 26, 2016 Share Posted May 26, 2016 4 minutes ago, rubberman said: That's very interesting. Easy to forget how things have changed. Replace Abramovich with Xia and here we are. Yep that section on "misgivings" looks very familiar doesn't it - the outrage! - lets hope our story unfolds in a similar way on the pitch as well. Link to comment Share on other sites More sharing options...
avfcwills10 Posted May 26, 2016 Share Posted May 26, 2016 (edited) Actually, looking at Xias companies if they did hold say £10bn. It's very difficult to work out his actual net worth based on the value of his companies. Abramovich owns: Millhouse Capital (72% of the business was worth $13bn in 2005..... so it's probably worth shed loads more now) Evraz ( a steel company with 100,000 employees with a revenue of $8.5bn in 2015. Abramovich owns 31%) Norilsk Nickel ( another 100,000 employee company - Ambramovich owns 7.3%. in 2010 25% of the company was worth around $12bn). And Abramovich himself is worth $8.2bn. So it is fair to say (and I know this is incredibly speculative) that the companies owned by Abramovich would eclipse Xia. Abramovich has a personal net worth of around $8.2bn. So if thats the case based on the companies he owns (obviously not even including Chelsea which would be a massive earner too) you'd imagine it would be unrealistic for Xia to be worth more than $1 or $2 bn? Used info from: https://en.wikipedia.org/wiki/Millhouse_Capital https://en.wikipedia.org/wiki/Evraz https://en.wikipedia.org/wiki/Norilsk_Nickel mainly. Edited May 26, 2016 by avfcwills10 Link to comment Share on other sites More sharing options...
Recommended Posts