rodders0223 Posted June 6, 2018 Share Posted June 6, 2018 Get this **** word removed out the door. I hope he loses every penny. 3 Link to comment Share on other sites More sharing options...
Rob182 Posted June 6, 2018 Share Posted June 6, 2018 6 minutes ago, pacbuddies said: Ridiculed!! It's those that dare question the owner and/or manager that get ridiculed. Who is gloating? I think you need to step out of your front door and get some fresh air to wake you up to the real world. Who is gloating? Numerous Villa fans that predicted 'this' many moons ago, citing Samuelson's involvement and Xia's oversized suit as reasons for their original suspicions. I'm sorry pacbuddies but just because people who predicted the worst, based on rumours and hearsay, are now seeing the latest Villa meltdown, doesn't mean that they've been right all along and that all the rumours and speculation will come true. It's clear to see that something is not right at Villa right now. But people are still believing their own thoughts that Xia has no money, or that he was always in it for a quick buck, or that he's this, that and the other. Just because some people want to deal with facts and ignore the spurious, doesn't mean they're wrong. 2 Link to comment Share on other sites More sharing options...
pacbuddies Posted June 6, 2018 Share Posted June 6, 2018 10 minutes ago, rodders0223 said: Get this **** word removed out the door. I hope he loses every penny. You can't say things like that. It might suggest that you're a 'glass half empty' sort of guy! Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted June 6, 2018 Share Posted June 6, 2018 12 minutes ago, rodders0223 said: Get this **** word removed out the door. I hope he loses every penny. Worse than Lerner. 1 Link to comment Share on other sites More sharing options...
villa89 Posted June 6, 2018 Share Posted June 6, 2018 1 hour ago, A'Villan said: It would seem like his ambitions are greater than his means. He always gave that impression to be honest. Good at marketing and talking the talk but as it turns out little substance. Elon Musk style... Link to comment Share on other sites More sharing options...
rubberman Posted June 6, 2018 Share Posted June 6, 2018 1 hour ago, VillaJ100 said: I think he's took a leaf out of some former prem owners books and tried to buy a club with no money. Gillette and Hicks did it with Liverpool. Borrowed 300 mil, bought club, spent only what the club made and increased the value of club, sold it for 700 million. All without putting in one penny of their own money. Except that, (if the Mirror article is to be believed and I acknowledge that's a stretch), he's been pumping in £5-6m per month to keep everything running for the last 2 years up till last month. Whether that is because of China money laws or lack of cash we don't know, but doesn't sound like a leveraged buyout to me. Link to comment Share on other sites More sharing options...
rodders0223 Posted June 6, 2018 Share Posted June 6, 2018 13 minutes ago, Hoof hearted said: Social media is awash with told-you-so hindsighters, even my pals who follow other local clubs haven't bothered gloating about it, our own fans are doing it for them ffs. True. I hate them, they are the worst. I said months ago if we don't go up they would all come out the woodwork to claim they were right all along. Looks like I have been proven right. Again. 1 Link to comment Share on other sites More sharing options...
terrytini Posted June 6, 2018 Share Posted June 6, 2018 2 minutes ago, rodders0223 said: True. I hate them, they are the worst. I said months ago if we don't go up they would all come out the woodwork to claim they were right all along. Looks like I have been proven right. Again. Yes, those people who cant wait to say they've been proven right...........oh, er........ 1 Link to comment Share on other sites More sharing options...
Papillon Posted June 6, 2018 Share Posted June 6, 2018 I said it the second this fraud started to spout his illiterate propaganda on Twitter. Completely unprofessional and dealing with stuff he had no knowledge about, but people were on the train already. Xia should be charged for what he has done with our club. I hate to be right in this case, but now look what's happened. Link to comment Share on other sites More sharing options...
Genie Posted June 6, 2018 Share Posted June 6, 2018 59 minutes ago, pacbuddies said: Ridiculed!! It's those that dare question the owner and/or manager that get ridiculed. Who is gloating? I think you need to step out of your front door and get some fresh air to wake you up to the real world. To be fair, their has been a lot of "told you so" going on and the other poster was right that people predict the worst every week so they must be right now and again. 1 1 Link to comment Share on other sites More sharing options...
Popular Post Stevo985 Posted June 6, 2018 VT Supporter Popular Post Share Posted June 6, 2018 6 minutes ago, Genie said: To be fair, their has been a lot of "told you so" going on and the other poster was right that people predict the worst every week so they must be right now and again. Whoever buys the club from Xia is going to be a disaster. It'll all end in tears. Just putting that so I can quote it in 2 years and say I told you so 5 5 Link to comment Share on other sites More sharing options...
Rodders Posted June 6, 2018 Share Posted June 6, 2018 5 minutes ago, Stevo985 said: Whoever buys the club from Xia is going to be a disaster. It'll all end in tears. Just putting that so I can quote it in 2 years and say I told you so This Peter Freund, I reckon he's a wrong 'un. Definitely got that crazy world of arthur brown about him. He's quite obviously a liar / fraud / nut badger / opportunist / fence foal / bluenose all along. 1 Link to comment Share on other sites More sharing options...
rodders0223 Posted June 6, 2018 Share Posted June 6, 2018 15 minutes ago, Stevo985 said: Whoever buys the club from Xia is going to be a disaster. It'll all end in tears. Just putting that so I can quote it in 2 years and say I told you so I also second this, but will get on the hype train and buy into whatever the new man says and promises to us, until it goes tits up, then I will dig up this quote, minus the last part. Link to comment Share on other sites More sharing options...
Genie Posted June 6, 2018 Share Posted June 6, 2018 5 minutes ago, Stevo985 said: Whoever buys the club from Xia is going to be a disaster. It'll all end in tears. Just putting that so I can quote it in 2 years and say I told you so Like a pro. Don't forward about the short term goals of "we're gonna get thrashed this weekend, manager hasn't got a clue" Link to comment Share on other sites More sharing options...
Farlz Posted June 6, 2018 Share Posted June 6, 2018 Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted June 6, 2018 Share Posted June 6, 2018 - Dedicated to everyone calling him a fraud, he has been bankrolling the bloody club himself for 2 years while we have been hemorrhaging money. "Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park. Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations. That has happened, without fail, for the past two years." https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774 3 Link to comment Share on other sites More sharing options...
Rob182 Posted June 6, 2018 Share Posted June 6, 2018 (edited) That sounds like the good Dr has contacted Stan directly, or he's been passed info second hand from him. It's surely about Wyness. Edit: Regarding Stan's tweet on the previous page. Edited June 6, 2018 by Rob182 Link to comment Share on other sites More sharing options...
Popular Post Deisler123 Posted June 6, 2018 Popular Post Share Posted June 6, 2018 (edited) @sne I have been following this thread and others since yesterday, but decided not to comment on anything, because I don't think there is much verified information out there that could lead to fair/useful judgement/discussion. But since you have @ me so i would put my 2 cents here based on my own take on all this. It is important to say here that all below is my own analysis and I do not speak for anyone or any organisation. I will do it in a Q&A fashion, trying to respond to a few questions in this thread: Q1: What is the current situation of government policy on transferring money out of China? A1: Any money transfer to an overseas bank requires approval from 'someone'. ANY, literally. If you are a parent wanting to transfer pounds to your son in the UK, you have to declare your attention. And if you do that many times a year, totalling above a certain threshold (approx. 40k pounds per year), the bank may refuse your transfer or you may have to get a reference letter from your work/local authority, which is difficult. If you are a company wanting to transfer cash, then things are MUCH more difficult, nearly impossible. It requires a few different levels of approval and may 'spend' a good relationship with local government and the bank. There are cases where big state-owned companies still manage to do this, but those normally are 'national strategic projects' so it will get approval easily. Q2: Why Wolves' Chinese owner managed to do that? A2: It must be pointed out that Guo, the owner of Wolves, is much richer, and his wealth can be 'assessed' (e.g. listed on Forbes, currently 22nd richest in China). More importantly, he owns lots of businesses across the world. This means he is not too much constrained, if he choose to, by the policy discussed above. However, no one knows if he has spent more than Xia did, or if Wolves financial situation is better than us if they didn't get the promotion this season. So I don't think comparing us to Wolves would give us more insight into what is happening to Villa. Q3: Is this similar to Milan/Inter's case? A3: What I know is, for Milan, the owner is the 'leader' of a consortium, and a lot of people pumped money in at the beginning to purchase the club (so effectively he borrowed money from them). Then he had to continuously borrow money to run a club, and now he has nowhere to go, simply because running a club does not give you profit. For Inter, it is a completely different story. The owner is Suning (Chinese version of Carrefour if you like). So they have more than enough money to run a club (and make some profit back because of ads effect in China), but still constrained by the currency policy though. I don't think Xia's case is similar to Milan at all (because I believe the funds he used to buy Villa were from his previous sold company), but he certainly is nowhere near Inter's case. His business does not seem to benefit from owning a club, which has little to none ads effect in China (before going back to Premier League), and he has very little cash in hands (because of his type of business). Q4: Surely a billionaire is able to gather millions of pounds of cash easily and pay the bill? A4: Firstly, the total worth of the companies he controlled may be very high, but that does not mean he has a lot of cash to spend freely. This is a false question to start with. However, it is worth noting that since the 2017, Xia's business has been pretty bad. He has lost a lot on the stock market for a few companies. In 2018, he fell off from the 'top 500 rich people list in China', and the 500th has wealth of 700M GBP. So it is fair to say that Xia's net worth now is less than 700M pounds, and his business is not doing well at the moment. It is likely that he does not have too much cash to spend at the moment. This, in addition to the 'unpaid tax bill', is indeed worrying. However, there has been rumors that this unpaid tax bill was created intentionally, without his knowledge. No one can verify this at the moment, we will have to see how things pan out. Q5: What could happen next? A5: We know Villa is having trouble because of FFP, and things will only get worse as time goes on (less income, huge salary bill). When you cannot do too much to boost the income in a lower division, the only viable option is to cut the bill. This could lead to less employees and selling players to fill the hole. I don't think in a short term Xia will be able to pump a lot of cash into the club, not only because it is not allowed by FFP, but also because of his current business situation. This means Villa will be much quieter in transfer market in the next few years, until we get promoted or he can turn around his business (not anytime soon as far as I can see). I can't see him selling Villa now - He is not that desperate at least for now, hopefully, to cash out in order to save his business in China. It is funny how much a single match could change the destiny of a football club. This is very cruel indeed. Edited June 6, 2018 by Deisler123 typo 4 16 Link to comment Share on other sites More sharing options...
MikeMcKenna Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 The number of £4.2 million in back taxes has been bandied about. However, it could be that the total money needed is significantly greater to meet running costs, players wages, bank interest. I would not be surprised if Xia needs at least £12-14 million to pay off the tax due and cover costs for the close season. I fear we are going into liquidation unless a white knight rides up! Link to comment Share on other sites More sharing options...
rodders0223 Posted June 6, 2018 Share Posted June 6, 2018 2 minutes ago, JAMAICAN-VILLAN said: - Dedicated to everyone calling him a fraud, he has been bankrolling the bloody club himself for 2 years while we have been hemorrhaging money. "Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park. Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations. That has happened, without fail, for the past two years." https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774 He hasn't been bankrolling Villa, he has been bank rolling his shocking decisions. Link to comment Share on other sites More sharing options...
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