Quote from: Risso on October 14, 2020, 03:38:53 PMI remember reading about another investment company that he'd put money into, only for the two really unqualified individuals he's got to run it lose everything.And a judge to then describe it as being run like a frat house?
I remember reading about another investment company that he'd put money into, only for the two really unqualified individuals he's got to run it lose everything.
My personal favourite was when Xia claimed he was giving a "keynote speech" at some US tech conference. Five minutes on google and I discovered he wasn't even listed as attending. #Gatecrashersoftheworldunite.
Just as we complained for years about Doug and he delivered Randy, the Tony xia got us to Nas & Wes.The journey was scary and the gamble nearly backfired. Most fans dream of having a billionaire buy their club, we have had 3 of them. These latest ones are the real deal.No wonder other clubs are jealous
Quote from: eamonn on October 14, 2020, 01:42:30 PM He did get £30m when we were promoted though, didn't he (Xia baled out by NotSafeForWork Ltd.)? Still...quite a haircut.Nothing compared to the haircut he got with his shares in Bank of America, the main payment for the sale of his credit card business. It goes a long way to explain why he suddenly stopped throwing money at Villa. Can't say I blame him, if memory serves BoA shares dropped 80% in value.
He did get £30m when we were promoted though, didn't he (Xia baled out by NotSafeForWork Ltd.)? Still...quite a haircut.
If you want good info on football club finances, check out @swissramble on Twitter. Really detailed analysis. Also points out our owners have provided the second-highest cash as equity in the Premier League (and way above the third highest). This means they only get the cash back if the club is sold. Compare with Glazers, Porno Dwarf etc, where exactly the opposite happens.
Quote from: kipeye on October 15, 2020, 09:32:32 AMIf you want good info on football club finances, check out @swissramble on Twitter. Really detailed analysis. Also points out our owners have provided the second-highest cash as equity in the Premier League (and way above the third highest). This means they only get the cash back if the club is sold. Compare with Glazers, Porno Dwarf etc, where exactly the opposite happens.Anything on Spurs' wage bill?!
Cannot fault these guys. Not loading the club with debt. Genuine cash injections. I hope we can reward them on the pitch.