Fowlersrs Posted May 19, 2016 Share Posted May 19, 2016 The initial statements provided to both clubs. The mention of how successful they both are at business, without any real evidence to support this. No online presence and unknown quantity. As I say, if the statement is true around the companies he owns. There would be documentation on line to confirm. So far the only thing g most have managed to find is an argument between him and a professor fang arguing Xia had lied / exaggerated his academic achievements. Maybe the way the Chinese conduct there business is more discreet. Just because it isn't online doesn't mean it doesn't exist . Quite clever if u ask me Link to comment Share on other sites More sharing options...
Jordanderve Posted May 19, 2016 Share Posted May 19, 2016 58 minutes ago, ramshackler said: This is Carson Yeung mark 2 for me. He owns 5 controlling stakes in the HKSE? - but where is any disclosure or interest reports with him or RECON? He has just bought an internationally known football club, something had to be disclosed. Employs 35000 people, yet not even a tidbit of information about him anywhere online in 2016. This is apparently a young genius who specialises in technology and investment, yet has no recognisable brand anywhere? Again simply not possible. I'd love to be positive, I hope it all goes well but I'm not naive. There is more than meets the eye to this one The known subsidiary named in the press release show him as Chairman of Lotus Health Industry Holding Group http://markets.ft.com/research/Markets/Tearsheets/Directors-and-dealings?s=600186:SHH Here is a news release on the RECON website (which has numerous Chairman statements from Dr X). Read the About section at the bottom. http://www.reconig.com/htm/11.htm " 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 to comment Share on other sites More sharing options...
dont_do_it_doug. Posted May 19, 2016 Share Posted May 19, 2016 (edited) 22 minutes ago, ramshackler said: The initial statements provided to both clubs. The mention of how successful they both are at business, without any real evidence to support this. No online presence and unknown quantity. As I say, if the statement is true around the companies he owns. There would be documentation on line to confirm. So far the only thing g most have managed to find is an argument between him and a professor fang arguing Xia had lied / exaggerated his academic achievements. As I said previously, it's been 16 hours. Just because you can't find the documentation doesn't mean it isn't there. His businesses operate in China. A nation not known for its openness but it will be cracked. Neither of us speak Chinese for a start. Believe me, if he turns out to be a fraud then I'll be the first to crow about it. Give it time. Edited May 19, 2016 by dont_do_it_doug. 2 Link to comment Share on other sites More sharing options...
Davkaus Posted May 19, 2016 Share Posted May 19, 2016 Hopefully the optimists are right. A typical Chinese businessman, I can understand. An alleged Doctor who studied at Harvard, having no web presence? I'm not feeling good about this. 2 Link to comment Share on other sites More sharing options...
dudevillaisnice Posted May 19, 2016 Share Posted May 19, 2016 £40m on new players? I highly doubt it, Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted May 19, 2016 Share Posted May 19, 2016 (edited) 1 hour ago, ramshackler said: This is Carson Yeung mark 2 for me. He owns 5 controlling stakes in the HKSE? - but where is any disclosure or interest reports with him or RECON? He has just bought an internationally known football club, something had to be disclosed. Employs 35000 people, yet not even a tidbit of information about him anywhere online in 2016. This is apparently a young genius who specialises in technology and investment, yet has no recognisable brand anywhere? Again simply not possible. I'd love to be positive, I hope it all goes well but I'm not naive. There is more than meets the eye to this one This is close to how I feel. Something seems a bit strange, mainly down to the lack of information. One would suspect that if this consortium/ Dr Tony were so rich, that we'd be able to get more details about their business dealings and value. But then, perhaps the fact that he's based in China precludes this somewhat. Anyway, I'm going to hold my optimism until I hear him speak official, get more details on his business dealings and ultimately, see what happens on the pitch. Edited May 19, 2016 by Dr_Pangloss 1 Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted May 19, 2016 Share Posted May 19, 2016 7 minutes ago, Davkaus said: Hopefully the optimists are right. A typical Chinese businessman, I can understand. An alleged Doctor who studied at Harvard, having no web presence? I'm not feeling good about this. Agreed, nothing wrong with being cautious. This is hardly a buyer who invites no skepticism at all. It's not as though this is Larry Ellison. We're being bought by a mysterious guy who literally has no information online to help us understand who he is and how rich he is. Link to comment Share on other sites More sharing options...
AshVilla Posted May 19, 2016 Share Posted May 19, 2016 6 minutes ago, dudevillaisnice said: £40m on new players? I highly doubt it, I think we need to spend at least 30 mill to come up next season Half the team isn't good enough major surgery is required 2 Link to comment Share on other sites More sharing options...
abdomlahor Posted May 19, 2016 Share Posted May 19, 2016 (edited) He isn't going to buy the club and not invest what is necessary to achieve promotion straight back up to the Premier League. I don't know if £40m is necessary (with potential exits of Ayew, Amavi etc), though I obviously wouldn't complain. Edited May 19, 2016 by abdomlahor Link to comment Share on other sites More sharing options...
nick76 Posted May 19, 2016 Share Posted May 19, 2016 You have to remember the Chinese business world is very different to anything we are used in the West. Now I'm currently living in Australia and working in the finance sector which has more links with China than UK the lack transparency of him or his companies is not surprising especially outside of China or accessing outside of China. I don't think that can give us an indication of whether this is good news or bad news at all. Frustrating for us as fans I know especially those that have never dealt with China before but I definitely don't think it's an indication either way. Anyway after the last incumbent it will be actions for Aston Villa will be how I judge him 3 Link to comment Share on other sites More sharing options...
mwj Posted May 19, 2016 Share Posted May 19, 2016 South China MP is a fairly reputable source: http://www.scmp.com/business/companies/article/1947419/meet-tony-xia-jiantong-40-year-old-chinese-businessman-who-just Quote Meet Tony Xia Jiantong, the 40-year-old Chinese businessman who just bought soccer club Aston Villa for HK$683.5m Xia is widely regarded as a savvy asset trader... Link to comment Share on other sites More sharing options...
pas5898 Posted May 19, 2016 Share Posted May 19, 2016 People can't even get his age right. Is he 30 or 40??? Link to comment Share on other sites More sharing options...
dont_do_it_doug. Posted May 19, 2016 Share Posted May 19, 2016 (edited) 54 minutes ago, Dr_Pangloss said: This is close to how I feel. Something seems a bit strange, mainly down to the lack of information. One would suspect that if this consortium/ Dr Tony were so rich, that we'd be able to get more details about their business dealings and value. But then, perhaps the fact that he's based in China precludes this somewhat. Anyway, I'm going to hold my optimism until I hear him speak official, get more details on his business dealings and ultimately, see what happens on the pitch. I've just read an article that one of his companies, Lotus Holdings, turned over 2.1bn last year. I'm starting to get the impression that the information is out there, but as it's all in Chinese is not readily available to the likes of you and me. They're not known for their candidness. After the initial rush I'm cautious myself, but I'm certainly not in the mood to write him off as the next Carson Yeung as the OP suggests. P.S. I'm sure RECON have an office in London. I recognise their logo. I'll try and hunt it down. Edited May 19, 2016 by dont_do_it_doug. Link to comment Share on other sites More sharing options...
Wainy316 Posted May 19, 2016 Share Posted May 19, 2016 It's worth the risk on the basis on him not being Lerner. Anther season of that would have completely broken my spirit. 1 Link to comment Share on other sites More sharing options...
PieFacE Posted May 19, 2016 VT Supporter Share Posted May 19, 2016 All these figures are not going to be GBP though. 100 Yaun is like, £10... Link to comment Share on other sites More sharing options...
dont_do_it_doug. Posted May 19, 2016 Share Posted May 19, 2016 5 minutes ago, PieFacE said: All these figures are not going to be GBP though. 100 Yaun is like, £10... Cool. So that's £200m? Double what The Villa turnover. I was more trying to prove the point that the information is out there and it's dripping through. 1 Link to comment Share on other sites More sharing options...
AndyGray1985 Posted May 19, 2016 Visiting Supporter Share Posted May 19, 2016 If he's teaming up with Chris Samuelson and Wyness he's either naive or not up to any good. Worried if true - Samuelson brokered and represented Fortress Sports Fund that would invest in Everton, but he and the investment disappeared in thin air. This was when Wyness was CEO of Everton. Link to comment Share on other sites More sharing options...
JPAngel Posted May 19, 2016 VT Supporter Share Posted May 19, 2016 1 minute ago, AndyGray1985 said: If he's teaming up with Chris Samuelson and Wyness he's either naive or not up to any good. Worried if true - Samuelson brokered and represented Fortress Sports Fund that would invest in Everton, but he and the investment disappeared in thin air. This was when Wyness was CEO of Everton. Did Samuelson and Wyness ever get convicted of anything or was it just speculation? Link to comment Share on other sites More sharing options...
ramshackler Posted May 19, 2016 Share Posted May 19, 2016 2 hours ago, Jordanderve said: The known subsidiary named in the press release show him as Chairman of Lotus Health Industry Holding Group http://markets.ft.com/research/Markets/Tearsheets/Directors-and-dealings?s=600186:SHH Here is a news release on the RECON website (which has numerous Chairman statements from Dr X). Read the About section at the bottom. http://www.reconig.com/htm/11.htm " 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. " It sounds promising, but again. That link to Lotus health shows turnover has dropped from 3 billion to 1.7 billion in four years. In this efour years they have regularly made yearly losses of over 400 million. Last year was over 500 million loss. I'm intrigued but still very concerned Link to comment Share on other sites More sharing options...
ramshackler Posted May 19, 2016 Share Posted May 19, 2016 1 hour ago, mwj said: South China MP is a fairly reputable source: http://www.scmp.com/business/companies/article/1947419/meet-tony-xia-jiantong-40-year-old-chinese-businessman-who-just You see its articles like this that could be exciting. There is a link there to the family of China's football mad president. RECON seems to be dealing in alot of state programmes including rural urbanisation and infrastructure in which they will be getting a shit load of government cash. It's possible that this will see a tonne of revenue directed our way. The Chinese are known secretive whichbdoes lead to money laundering and misappropriation. But tie this in with reports that Chinese venture capitalists are pouring 8 billion into Birmingham as they see London as over saturated. It could be good long term joined up thinking Link to comment Share on other sites More sharing options...
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