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Author Topic: Tony’s Statement.  (Read 323456 times)

Online pauliewalnuts

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Re: Tony’s Statement.
« Reply #1635 on: July 14, 2018, 02:56:28 PM »
A number of things don’t add up what so ever with regards potential investment. It’s been reported that Xia has turned down offers that actually met his valuation. Seems odd to go those lengths of discussion to then turn the offers down.
On the other hand we have had long term rumours that Xia is simply the ‘front’ to who actually owns us and a few articles suggesting his investors are the ones not willing to sell without a significant ROI.
Fear the latter secenario/coupled with Xia trying to not lose faith will mean things get significantly worse for us before it can get better.
He is in the process of borrowing against every asset we currently have/cashing in on transfer fees in advance etc. This strategy will run out very quickly, then what!? It’s clear he does NOT have the cash flow to keep us up and running without beg/borrowing/stealing.

Another worry is us selling for FFP. I am not confident that funds from Jacks sale etc will be used for anything except running costs of the club. Again, what happens when we’ve cashed in on all our assets.
IMO -Xia will not be in charge by end of the season (at the very latest) regardless now. Either he does the sensible thing and sells up very shortly or at somepoint we will fall into administration and he will be forced out.


If we are selling Grealish in order to get FFP compliant then of course we won't be spending it on new players.

That'd be like selling your watch to pay your rent but then immediately spending it on a new telly instead.

Offline Risso

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Re: Tony’s Statement.
« Reply #1636 on: July 14, 2018, 03:01:17 PM »
And that’s why inward minority investment is so unlikely. New money wouldn’t be spent on new players to boost our promotion chances, but on paying the window cleaning bill. Who on earth would waste money on that?

Offline ez

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Re: Tony’s Statement.
« Reply #1637 on: July 14, 2018, 04:04:25 PM »
I reckon there's a strong likelihood of Xia doing a Lerner and going into hiding next season.

Online CT

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Re: Tony’s Statement.
« Reply #1638 on: July 14, 2018, 04:25:45 PM »
I reckon there's a strong likelihood of Xia doing a Lerner and going into hiding next season.

I was looking forward to the next episode of #sittingwithxia as well!

Online andyh

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Re: Tony’s Statement.
« Reply #1639 on: July 14, 2018, 06:38:04 PM »
Xia in the country according to Gregg Evans on Twitter.

Offline VinnieChase84

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Re: Tony’s Statement.
« Reply #1640 on: July 14, 2018, 06:51:02 PM »
A number of things don’t add up what so ever with regards potential investment. It’s been reported that Xia has turned down offers that actually met his valuation. Seems odd to go those lengths of discussion to then turn the offers down.
On the other hand we have had long term rumours that Xia is simply the ‘front’ to who actually owns us and a few articles suggesting his investors are the ones not willing to sell without a significant ROI.
Fear the latter secenario/coupled with Xia trying to not lose faith will mean things get significantly worse for us before it can get better.
He is in the process of borrowing against every asset we currently have/cashing in on transfer fees in advance etc. This strategy will run out very quickly, then what!? It’s clear he does NOT have the cash flow to keep us up and running without beg/borrowing/stealing.

Another worry is us selling for FFP. I am not confident that funds from Jacks sale etc will be used for anything except running costs of the club. Again, what happens when we’ve cashed in on all our assets.
IMO -Xia will not be in charge by end of the season (at the very latest) regardless now. Either he does the sensible thing and sells up very shortly or at somepoint we will fall into administration and he will be forced out.


If we are selling Grealish in order to get FFP compliant then of course we won't be spending it on new players.

That'd be like selling your watch to pay your rent but then immediately spending it on a new telly instead.


Didn’t mean it like that. Just meant it will be eaten up to pay off loans etc

Online Steve67

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Re: Tony’s Statement.
« Reply #1641 on: July 14, 2018, 06:58:12 PM »
Hopefully, Xia jetting in means that he'll be negotiating deals for investment and transfers.  We could certainly do with some positive news.

Offline Villafirst

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Re: Tony’s Statement.
« Reply #1642 on: July 14, 2018, 07:01:57 PM »
Hopefully, Xia jetting in means that he'll be negotiating deals for investment and transfers.  We could certainly do with some positive news.

I'm afraid it won't be great news - most of the negotiations will be outward bound players in a mass fire sale.

Online Steve67

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Re: Tony’s Statement.
« Reply #1643 on: July 14, 2018, 07:03:54 PM »
Yes mate, most likely, but if we can bring in one or two to keep us competitive, that at least is a positive. 

Offline ChicagoLion

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Re: Tony’s Statement.
« Reply #1644 on: July 14, 2018, 07:09:12 PM »
Yes mate, most likely, but if we can bring in one or two to keep us competitive, that at least is a positive.
What about holding on to our better players, that would be positive.

Offline frank black

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Re: Tony’s Statement.
« Reply #1645 on: July 14, 2018, 07:46:25 PM »
I would expect a few high profile exits and a couple of loans deals in before the deadline.

Offline Villafirst

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Re: Tony’s Statement.
« Reply #1646 on: July 14, 2018, 08:26:15 PM »
Yes mate, most likely, but if we can bring in one or two to keep us competitive, that at least is a positive.
What about holding on to our better players, that would be positive.

Sounds great, but we're basically screwed by FFP according to our "expert" financial savvy bods on the board. Next months VAT and PAYE needs to be paid from player sales. A shocking mess is the reality...

Online Steve67

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Re: Tony’s Statement.
« Reply #1647 on: July 14, 2018, 08:48:06 PM »
Maybe he’s realised the only way to get money out of China is to bring it with him in a suitcase!

And yes Chicago, that would be a positive. Keep our fingers crossed eh?  If we had to sell them it would be great to get top dollar so we CAN replace some of them. Doubt it though.

Offline ozzjim

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Re: Tony’s Statement.
« Reply #1648 on: July 14, 2018, 08:57:16 PM »
Chester is worth every penny of £12 million. Most consistent defender in the Championship for 2 seasons and in his prime. Stoke offering 5 is insulting, but something we have to sadly expect. I am fairly sure they will cough up about £8 million and he will be gone. Grealish I accept can go on and do much better things at a side like Spurs than we can give him in the next few years sadly, but losing Chester to Stoke for much less than he is worth will be a total kick in the nads. Xia needs to sell the place quickly.

Online CT

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Re: Tony’s Statement.
« Reply #1649 on: July 14, 2018, 09:09:08 PM »
Maybe he’s realised the only way to get money out of China is to bring it with him in a suitcase!

And yes Chicago, that would be a positive. Keep our fingers crossed eh?  If we had to sell them it would be great to get top dollar so we CAN replace some of them. Doubt it though.

He'll probably end up on one of those "Border Patrol" programmes.

 


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