Kingman Posted May 15, 2016 Share Posted May 15, 2016 Hope they get it ready for next season. Link to comment Share on other sites More sharing options...
cyrusr Posted June 7, 2016 VT Supporter Share Posted June 7, 2016 (edited) So was checking the Birmingham Mail website to see if there was anything new on Villa takeover and happened upon this Birmingham City Takeover... A little surprised not mentioned yet but it is largely irrelevant. However the article raises a couple of funny things: Quote We have known for several months now the Carson Yeung era at Birmingham City is almost at an end. Today’s announcement to the Hong Kong Stock Exchange merely re-confirms the fact that peace has broken out with Carson, his de facto brother-in-law Wang Lei and former director Peter Pannu. What the 61-page tome does for the first time though, is give Birmingham City fans more information about the future. Then there is some boring stuff but then goes into timetable: Quote Laid out tentatively - but clearly. Obviously things take as long as they take and the timescale is contingent on everything going to plan. But as things stand we are looking at: ‘Expected date of the EGM: 11:00 a.m. on Friday, 22 July 2016. ‘Expected effective date of the Capital Reorganisation: Monday, 12 September 2016. ‘Order granted by the High Court to discharge the Receivership Order and the release of the Receivers in respect of the receivership: Tuesday, 25 October 2016 ‘Resumption and dealing in the New Shares commence: 9:00 a.m. on Thursday, 27 October 2016.’ Which means it should all be done by the end of October - just in time for the January transfer window. So sale announced today, likely takeover completion end of October, meaning 5 months...! And people were worried about the speed our one was taking! Oh but it gets better. They then talk about finances and their transfer budget: Quote AND they will invest around ‘HK$120 million will be used to, when considered appropriate, acquire additional talented players who are expected to make contribution to and help enhance the competitiveness of the team significantly so as to assist the team to reach the goal of being promoted to the Premier League in the future’. That’s just under £10.6m on today’s exchange rate but it’s important to understand that’s not just £10m to splash out on fees, that’s wages, fees, everything. But don't worry, they are will be challenging to get back to the Premier League... Edited June 8, 2016 by cyrusr Text size was weird in quotes. Link to comment Share on other sites More sharing options...
It's Your Round Posted June 7, 2016 Share Posted June 7, 2016 I saw this too cyrusr, I then went on to read the comments under the article. There's some pretty ecstatic inbreds that are proper excited about this. One of the Mongols even suggested building a statue of their new investor 1 Link to comment Share on other sites More sharing options...
cyrusr Posted June 8, 2016 VT Supporter Share Posted June 8, 2016 9 hours ago, It's Your Round said: I saw this too cyrusr, I then went on to read the comments under the article. There's some pretty ecstatic inbreds that are proper excited about this. One of the Mongols even suggested building a statue of their new investor Link to comment Share on other sites More sharing options...
Stevo985 Posted June 8, 2016 VT Supporter Share Posted June 8, 2016 10 hours ago, It's Your Round said: I saw this too cyrusr, I then went on to read the comments under the article. There's some pretty ecstatic inbreds that are proper excited about this. One of the Mongols even suggested building a statue of their new investor Why would a Mongol build a statue of a Chinese chap? 4 Link to comment Share on other sites More sharing options...
villa4europe Posted June 8, 2016 Share Posted June 8, 2016 from what ive seen his ambition is to come in, stabilise them, sell them for a profit, which if he's buying them for £37m shouldnt actually be that hard Link to comment Share on other sites More sharing options...
useless Posted June 8, 2016 Share Posted June 8, 2016 That could be precisely what Xia intends to do with us, get us back in the Premship and then sell us on for a profit. Link to comment Share on other sites More sharing options...
villa4europe Posted June 8, 2016 Share Posted June 8, 2016 yep, same again shouldnt be that hard Link to comment Share on other sites More sharing options...
Genie Posted June 8, 2016 Share Posted June 8, 2016 12 minutes ago, villa4europe said: yep, same again shouldnt be that hard Randy made selling a world famous Premier League club look very difficult. 1 Link to comment Share on other sites More sharing options...
useless Posted June 8, 2016 Share Posted June 8, 2016 If there's any truth to the talk of buy other clubs and having them play under the 'Villa' banner, and there being £500M in an English bank account, then I guess that would suggest that Xia plans to be around for a while. To sell us for a profit he'd probably not only have to promote us but also get us established at the very least as a top half team. As for sha's new owner apparently part of the deal is that he can't sell them for two years. The 'often partisan' blogger has done a youtube video trying to claim that their takeover is better than ours. Doesn't make an whole lot of suspense to me but we'll see. Link to comment Share on other sites More sharing options...
Demitri_C Posted June 8, 2016 Share Posted June 8, 2016 1 hour ago, useless said: If there's any truth to the talk of buy other clubs and having them play under the 'Villa' banner, and there being £500M in an English bank account, then I guess that would suggest that Xia plans to be around for a while. To sell us for a profit he'd probably not only have to promote us but also get us established at the very least as a top half team. As for sha's new owner apparently part of the deal is that he can't sell them for two years. The 'often partisan' blogger has done a youtube video trying to claim that their takeover is better than ours. Doesn't make an whole lot of suspense to me but we'll see. Even with their takeover they still talking about us, sad bastards Link to comment Share on other sites More sharing options...
useless Posted June 8, 2016 Share Posted June 8, 2016 Well, I'm doing exactly the same, lol. Link to comment Share on other sites More sharing options...
zak Posted June 8, 2016 Share Posted June 8, 2016 6 hours ago, useless said: there being £500M in an English bank account, This now common knowledge? or are you taking that from a post of mine a while back ( i said £400m)? Link to comment Share on other sites More sharing options...
useless Posted June 8, 2016 Share Posted June 8, 2016 'If there's any truth to the talk of buy other clubs and having them play under the 'Villa' banner, and there being £500M' Although it's been reported in several newspapers and Xia sold some shares in Teamax to raise £400M, so wouldn't surprise me if there's some truth to it. Hopefully everything becomes a bit clearer once Xia has been approved. Link to comment Share on other sites More sharing options...
turnbull Posted June 8, 2016 Share Posted June 8, 2016 I bet fans of Pelsall Villa are pretty excited right now. Link to comment Share on other sites More sharing options...
rjw63 Posted June 16, 2016 Share Posted June 16, 2016 1 Link to comment Share on other sites More sharing options...
osmark86 Posted June 16, 2016 Share Posted June 16, 2016 13 minutes ago, rjw63 said: Lol, just saw this as well. Link to comment Share on other sites More sharing options...
Demitri_C Posted June 16, 2016 Share Posted June 16, 2016 4 minutes ago, osmark86 said: Lol, just saw this as well. 18 minutes ago, rjw63 said: only at the sty Link to comment Share on other sites More sharing options...
meme Posted June 16, 2016 Share Posted June 16, 2016 Went on SHA, took a look at one post and a fan thinks they'll finish bottom half this season due to their very small transfer budget. OH, HOW THE UNMIGHTY HAVE FALLEN EVEN FURTHER! Link to comment Share on other sites More sharing options...
Kingman Posted June 16, 2016 Share Posted June 16, 2016 I Hope we poach GR for our back room staff a day before the season starts Link to comment Share on other sites More sharing options...
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