Quote from: oldhill_avfc on May 20, 2016, 01:43:40 PMok - so we agree that his background is in city planning and that, through xwho he gained experience and was succesful.He's now associated with Recon who's only business is making MSG at a loss. That seems strange to me.Next, his business plan would appear to hinge on the regneration of Aston using funds from wealthy chinese backers who want to move their money off shore and diversify their assets.Why does he need to buy Villa to do this? That again seems strange to me.The bold bit is completely wrong, Lotus is 1 small part of the group, I've posted lots and lots of links on the other thread but basically xwho are still operating as a subsidiary of recon, teamax is another subsidiary of recon.He personally will be the chairman but the 'owner' is the group and the group will be the wealthy chinese backer who want to invest in the city.
ok - so we agree that his background is in city planning and that, through xwho he gained experience and was succesful.He's now associated with Recon who's only business is making MSG at a loss. That seems strange to me.Next, his business plan would appear to hinge on the regneration of Aston using funds from wealthy chinese backers who want to move their money off shore and diversify their assets.Why does he need to buy Villa to do this? That again seems strange to me.
Quote from: paul_e on May 20, 2016, 01:56:42 PMThe bold bit is completely wrong, Lotus is 1 small part of the group, I've posted lots and lots of links on the other thread but basically xwho are still operating as a subsidiary of recon, teamax is another subsidiary of recon.I assume Oldhill means The Financial Times article disputes that.
The bold bit is completely wrong, Lotus is 1 small part of the group, I've posted lots and lots of links on the other thread but basically xwho are still operating as a subsidiary of recon, teamax is another subsidiary of recon.
Quote from: paul_e on May 20, 2016, 01:56:42 PMQuote from: oldhill_avfc on May 20, 2016, 01:43:40 PMok - so we agree that his background is in city planning and that, through xwho he gained experience and was succesful.He's now associated with Recon who's only business is making MSG at a loss. That seems strange to me.Next, his business plan would appear to hinge on the regneration of Aston using funds from wealthy chinese backers who want to move their money off shore and diversify their assets.Why does he need to buy Villa to do this? That again seems strange to me.The bold bit is completely wrong, Lotus is 1 small part of the group, I've posted lots and lots of links on the other thread but basically xwho are still operating as a subsidiary of recon, teamax is another subsidiary of recon.He personally will be the chairman but the 'owner' is the group and the group will be the wealthy chinese backer who want to invest in the city."Last month, Lotus — Recon’s only verifiable asset — announced it had made a net loss in 2015 of Rmb508.5m ($77.6m) on revenues of Rmb1.7bn, compared with a net profit of Rmb23.9m the previous year"
Tony say he aim to make Aston Villa top 3 team in the world. How he will do that as there is Barcelona, Real Madrid, Manchester United, Bayern Munich, Juventus, for starters.
Football is not big news in China, so my friends have not heard much of the deal. The only clubs that matter are the European elite. For now, basketball is far bigger (mainly due to a few Chinese players making it big in the NBA) and it will take a while for those Chinese plans for football to become the national game to take off.Feedback on Tony Xia / Rui Kang has varied from "who?" to critical comments re his past from my old teacher, who knows nothing about football but did some research for me. On the other hand I heard from somebody close to the deal that Lerner was very determined that Hollis should ensure a sale to a fit and proper custodian only. I shall assume positive intent for now and hope my Chinese contacts can get me freebies to all our big games to come in the next few years.
Quote from: Pat McMahon on May 20, 2016, 02:53:33 PMFootball is not big news in China, so my friends have not heard much of the deal. The only clubs that matter are the European elite. For now, basketball is far bigger (mainly due to a few Chinese players making it big in the NBA) and it will take a while for those Chinese plans for football to become the national game to take off.Feedback on Tony Xia / Rui Kang has varied from "who?" to critical comments re his past from my old teacher, who knows nothing about football but did some research for me. On the other hand I heard from somebody close to the deal that Lerner was very determined that Hollis should ensure a sale to a fit and proper custodian only. I shall assume positive intent for now and hope my Chinese contacts can get me freebies to all our big games to come in the next few years.Hi Paul, It's been a while, mate. Exciting times, eh? Especially for us former China expats.A few football mad mates have been in touch to offer their congratulations. They've heard of him and his various business ventures, but didn't realise he was into his football. He's seen as a bit of a 'whizz kid' apparently, and has a fair bit of money.It's nice to be rid of Lerner, and it'll be great to see Villa on previous season tours of China, hopefully in the near future. Hope all is going well for you, mate.
Please donate to help towards the costs of keeping this site going. Thank You.
Author
Topic: Tony Xia interview in The Guardian (Read 49097 times)
