The Takeover Thread - Recon Group - NOW WITH NEW POLL

[Mellin]

Lads, I'm worried.

[old man villa fan]

The fact that they're Chinese doesn't automatically make them dodgy. And even if they are dodgy then remember our last owner was as honest as the day is long and he turned us into a bloody shambles.

The Chinese are the new world order in business (for now - India may catch them up).  20 years ago when I was working in the Far East I read a book called 'Lords of the Rim'.  It is a fascinating book about the Chinese expatriate business community that spread originally from one area of China to control business empires all across SE Asia and the Pacific Rim to the west coast of USA and Canada.  Take Thailand as an example, most of the top business men and politicians in the country are Sino Thai.  Politics and business are intertwined in Chinese working.  In the last 20 years, China has grown dramatically and the Chinese are looking to diversify their money across the world into many business streams.  The typical Chinese businessman (small or large) has his fingers in many pots.

There is a reason why this guy has bought us and it is not just because he is a fan and likes the team colours.  This is an investment and I think it is not just for the short term and I do not think it will be an isolated investment here.  I do not expect us to be the new Man City but I do think there will be steady positive investment but the key to success is to build a successful team.  There are only a few of clubs in the world that can spend fortunes and almost guarantee success.  For all the money Man City have spent, are they getting value for money out of the expenditure.  We have learnt the hard way that it is how you spend the money, not how much there is.

I am optimistic.

[pauliewalnuts]

The fact that they're Chinese doesn't automatically make them dodgy. And even if they are dodgy then remember our last was as honest as the day is long and he turned us into a bloody shambles.

I'm not sure anyone is suggesting that just because he's chinese that they're dodgy. If the most information you can find about someone is from the actual press release announcing their acquisition of the club, though, then people are naturally going to be suspicious.

Do this recon group even have a web site, for example?

I am not making any judgements based on the fact they're Chinese, it's just there aren't generally that many companies with 35,000 employees about whom there is nothing on the internet.

And the thought of Randy being the gatekeeper to keep shysters out scares the shit out of me.

teleperformance sell themselves as the biggest company that you've never heard of and they are huge. SAP also. So, that itself in isolation isn't the worry for me.

Are you suggesting SAP are a company we're not supposed to have heard of? Because if you are, you're talking about one of the biggest software companies on the planet.

It's worked. Never heard of them. But then, why would I?

Never heard of SAP - google them, spend five minutes reading about them.

Never heard of Recon Group or Tony Xia - spend five minutes googling them and see what you find.

[Monty]

Even fucking us while leaving, by selling us to an asset-stripping charlatan, would be the most Randolph thing that ever Randolphed.

[pauliewalnuts]

it's crap google translate but;

Group Overview

Joint Rui Kang (RECON)

The second economy (economic intelligence) industry practitioners, is committed to "smart +" technology and ideas to create intelligence from production to the new wisdom of life Economy Ecosystem industry and capital operation Group to become the second leading economy (economic wisdom ) industry development of new economic enterprises. Group including smart city and information industry, agriculture and health industry wisdom, intelligent transportation logistics and new energy industries, wisdom tourism and cultural industries, design and industrial engineering, innovative financial industry complete six major industry platform. Business around the world, as many as 22 independent brands, covering more than 500 cities in China and more than one third of the urban population, a total of more than 5,000 large and medium projects, including more than 400 cities in Metro Planning and construction of smart city , while modern technology as the support, to explore the industrial and economic development of a sustainable development model, to lead the global development trend of the second economy (economic intelligence) new model.
Chinese cultural wisdom technology +

Joint Rui Kang Group (RECON) has been insisting the spirit of change and novelty, since its inception, the United Rui Kang Group (RECON) founding team that is committed to the "wisdom of the modern theory and technology combined with traditional Chinese cultural values, practice", based on the in the smart city planning and construction, the wisdom of agriculture and health large industrial development, intelligence logistics and tourism platform construction and development of new energy and new materials in the field of play to financial capital and industrial entities interact communion efficiency, promote the wisdom of urban ecological formation of innovation emerge, to further improve the management and operation functions of the city, better public services, so that people travel more convenient, more livable environment, and jointly create wisdom and healthy life!
Internet + 'smart city strategy. "

RECON (United Rui Kang) "Internet +" smart city strategy genes, the city is big data cloud platform for public service entrance, integrate its smart city and business information group, the wisdom of agriculture and health industry business groups, transportation and logistics, and new wisdom energy industry business Group, wisdom, tourism and cultural industries business groups, industrial design and engineering and innovative financial industry business Group business Group, the joint provision of "smart city" one-stop solution for local governments. Real support stand in the perspective of the city comprehensive solution "urban disease" problems and achieve sustainable development of cities, urban economy provide a full chain solutions for urban management, urban operations, urban construction and industrial investment.

Translation: 空话

*applause*

[Ger Regan]

The fact that they're Chinese doesn't automatically make them dodgy. And even if they are dodgy then remember our last was as honest as the day is long and he turned us into a bloody shambles.

I'm not sure anyone is suggesting that just because he's chinese that they're dodgy. If the most information you can find about someone is from the actual press release announcing their acquisition of the club, though, then people are naturally going to be suspicious.

Do this recon group even have a web site, for example?

I am not making any judgements based on the fact they're Chinese, it's just there aren't generally that many companies with 35,000 employees about whom there is nothing on the internet.

And the thought of Randy being the gatekeeper to keep shysters out scares the shit out of me.

teleperformance sell themselves as the biggest company that you've never heard of and they are huge. SAP also. So, that itself in isolation isn't the worry for me.

Are you suggesting SAP are a company we're not supposed to have heard of? Because if you are, you're talking about one of the biggest software companies on the planet.

But they're aimed at businesses so unless you're in business and have a need for them you're unlikely to know much, if anything, about them.

Ok, but if you actually go searching for information about them, there's plenty there to find.

[kippaxvilla2]

Let's look at it this way.  Under Randy we were officially fcuked - no way was he investing anything this summer.  This way we will either be slightly less fcuked than fcuked totally, or, pleasantly surprised and not fcuked at all and end up winning everything leaving our so called rivals proper fcuked.

[paul_e]

well no he doesn't if you take a bit of time you can find plenty of info on him and the companies that he/recon/ruikang are involved with.

for example, from the link andyh gave you can get various stock market registrations to search:

http://www.reuters.com/finance/stocks/overview?symbol=000978.SZ
http://www.reuters.com/finance/stocks/overview?symbol=600138.SS
http://www.reuters.com/finance/stocks/overview?symbol=600561.SS

Those are just from their 'culture and tourism' division.

[peter w]

That's Xia, yes, and I share that worry. But not necessarily that we don't know where to look for this company or that.

[brian green]

Thanks Kip.  Money in that quantity must lead back to state involvement one way or another.  I read it as business midwifery delivering China from a rural to an industrial urban society.

[pauliewalnuts]

The fact that they're Chinese doesn't automatically make them dodgy. And even if they are dodgy then remember our last owner was as honest as the day is long and he turned us into a bloody shambles.

The Chinese are the new world order in business (for now - India may catch them up).  20 years ago when I was working in the Far East I read a book called 'Lords of the Rim'.  It is a fascinating book about the Chinese expatriate business community that spread originally from one area of China to control business empires all across SE Asia and the Pacific Rim to the west coast of USA and Canada.  Take Thailand as an example, most of the top business men and politicians in the country are Sino Thai.  Politics and business are intertwined in Chinese working.  In the last 20 years, China has grown dramatically and the Chinese are looking to diversify their money across the world into many business streams.  The typical Chinese businessman (small or large) has his fingers in many pots.

There is a reason why this guy has bought us and it is not just because he is a fan and likes the team colours.  This is an investment and I think it is not just for the short term and I do not think it will be an isolated investment here.  I do not expect us to be the new Man City but I do think there will be steady positive investment but the key to success is to build a successful team.  There are only a few of clubs in the world that can spend fortunes and almost guarantee success.  For all the money Man City have spent, are they getting value for money out of the expenditure.  We have learnt the hard way that it is how you spend the money, not how much there is.

I am optimistic.

I'm not one for making sweeping judgments based on nationality, but if you're going down the route of judging him on the basis he's chinese, all of the above could have been said about Carson Yeung when he bought Small Heath.

[Pete3206]

Move over Woodward and Bernstein

[passitsideways]

I don't get this nonsense - just because you can't find anything about a foreign entity immediately on an English-language search engine, doesn't mean it's dodgy or even worth particular suspicion.

I'm not ready to be optimistic yet either, but getting our knickers in a twist over a search engine seems completely unnecessary. Maybe let's wait until he fails the fit and proper test or whatever.

[Billy Walker]

Not sure if it's been posted earlier but this appears to be Recon Group's website.

www.reconig.com   

[paul_e]

Paulie, you're making an argument about something that just isn't true.  If you were Chinese and you looked for info on them you'd find it.  To get it in English takes a little more effort but try finding details on SAP using cyrillic on a Russian search engine (for example) and then see how easy it is to find details about who they are.

The fact is someone did a credit check and found the company to be worth $42bn and a few of us have dug around and found a significant web presence that you're trying to say doesn't exist.  This isn't some fraudster who has managed to blag his way through the entire sales process.  That doesn't mean he'll be perfect and it says nothing about what will be spent on us but it does mean the scaremongering from the last few pages is entirely unwarranted.