Tony’s Statement.

[Ads]

Depends if the investor has a spot on the board and what the  quorum is at any given meeting as to how much control over the business they have.

If you've got 40m worth of shares then, you will certainly have enough to stop Xia extordinary resolutions when it comes to shareholder votes.

[KevinGage]

Invest with Xia.  For £40m you get to sit next to the Chinese billionaire but you will have no overall control of the seat and could be removed from your seat at half time.

An offer you can refuse.

[Chinchilla Bathhouse]

The most worrying issue for me isn't about him trying to sell up, it's the thought of him selling the club to someone even worse. He'll want as much of his money back as possible and let's be honest the decision making he has made has put the club on it's arse. Why will he suddenly be able to make good decisions. Worrying times, as anyone with any kind of business interest will aim to buy the club at a later date when the club is neck deep in the crap rather than now where it's merely waist high in crap.

Surely not. Buy the club now and it's still rescuable. Wait until it's completely submerged in crap and it'll cost a hell of a lot more to winch it out, hose it down and get it smelling nice again.

[dave shelley]

For Dr Tone:

Or else:

[kippaxvilla2]

I note with interest that Wanda - who are advertising incessantly on the electronic hoardings at every World Cup game don’t appear to be having many difficulties shifting their capital out of China.

[Ads]

Sold their stake in Atletico for that very reason to an Israeli.

[kippaxvilla2]

Chill out Ads was only a pretend conspiracy theory.

[eamonn]

Is it still the Wanda Metropolitano?

[ChicagoLion]

Who IN their right  mind would pay 40million without taking a controlling interest?
If it did happen it would be a  “ related party transaction”.

[alftitimus]

XIA GONE FROM VP !

The man is a fraud.

The man has lost face in the UK, and more importantly in China.

His Fall-from-Grace can affect his struggling Companies, because no investor wants to support an apparent LOSER.

Lotus has nose-dived.... Recon is subject to SE investigation  now....there is a Time-Limit on delaying posting RESULTS and Xia has pushed it too far with RECON.

He will not show his face at VP ... EVER AGAIN.

Basically because he is a COWARD.... imo

A Con-Man and a Gambler, whose ego outweighed his actual skill.

A One-Man-Band of self hype who presumably believed his hype because he was in an environment where sudden Entrepreneurs  were treated as 'Gods' ... from a Culture that never knew nor experienced Lies and Deceit  for Personal Gain.

Xia is a Coward, and will not show his face at VP. . . . EVER AGAIN  .... Our reaction would crucify him. Especially in China.

HE IS GONE

[Rotterdam]

Bit early to be on the gin?

[mr underhill]

I was hoping Alf's predilection for capitals and bold type might have ended.

[purpletrousers]

The louder you shout, the less you get heard?

[old man villa fan]

I think people lose sight of how much money the owner has put into the club. As it has turned out, it has firstly not been enough and secondly not been used wisely.

It would appear that he has put in somewhere between £100m and £150m, it could be more. This is not the same as a guy trying to impress a woman by pretending to be somebody else to get her into bed on a Saturday night.

I am not saying he has not pulled the wool over our eyes with his supposed wealth and he has not turned out to be what most thought but it is still a sizeable amount of money that he has acquired somehow. Through his inexperience he may well lose the lot. His motives for buying the club are still unclear to me but I do not believe it was to make money in the short term as nobody makes money in football quickly, if at all. If we had been promoted, the value of the club may have gone up to £125m. Still less than his investment.

[tomd2103]

I think people lose sight of how much money the owner has put into the club. As it has turned out, it has firstly not been enough and secondly not been used wisely.

It would appear that he has put in somewhere between £100m and £150m, it could be more. This is not the same as a guy trying to impress a woman by pretending to be somebody else to get her into bed on a Saturday night.

I am not saying he has not pulled the wool over our eyes with his supposed wealth and he has not turned out to be what most thought but it is still a sizeable amount of money that he has acquired somehow. Through his inexperience he may well lose the lot. His motives for buying the club are still unclear to me but I do not believe it was to make money in the short term as nobody makes money in football quickly, if at all. If we had been promoted, the value of the club may have gone up to £125m. Still less than his investment.

Pretty clear now that his resources could stretch as far as two shots at getting into the Premier League and that was about it.  The fact that he has spent the kind of sums mentioned above and we rarely threatened to go up automatically just goes to show how wasteful the club have been since we came down.