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Author Topic: NSWE Investment  (Read 666809 times)

Offline Risso

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Re: NSWE Investment
« Reply #1740 on: October 14, 2020, 06:13:12 PM »
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.

And a judge to then describe it as being run like a frat house?

Yep, think it was something like that.

Offline pauliewalnuts

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Re: NSWE Investment
« Reply #1741 on: October 14, 2020, 11:27:05 PM »
I am not playing the whole "fucking told you so" line but there were a few of us who, for example, when Xia was asked about his worth and showed the balance print out from a Chinese cash machine, suggested this didn't look kosher.

We were also pointing out the fact that Recon group seemed to be the only multi billion pound global conglomerate which appeared to have almost no web presence itself, and which seemed to employ only people with absolutely no web presence.

The guy was an absolute fucking chancer and he very very nearly ruined this club.

Actually, thinking about it, I am saying "told you so" after all.

Offline Rudy Can't Fail

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Re: NSWE Investment
« Reply #1742 on: October 14, 2020, 11:42:06 PM »
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.

Offline Brazilian Villain

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Re: NSWE Investment
« Reply #1743 on: October 14, 2020, 11:50:44 PM »
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.

Say what you want about him but Titanium is still a great tune. #Gatecrasher

Offline Damo70

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Re: NSWE Investment
« Reply #1744 on: October 15, 2020, 01:05:34 AM »
As I recall we were happy to be rid of Randy and welcomed Dr T with open arms. But it wasn't long before rumours about his credibility surfaced. There seemed to be rumours but nothing concrete so depending on whether you were a glass half full person or a glass half empty person you took your pick whether to be worried or not so worried. Then events quickly seemed to suggest we had something to seriously worry about and the next thing we were in danger of going bust. The noses keep banging on about how lucky we were to be taken over at the right time by the right people and how it could have been so different. I can't argue with them on that point. I shudder to think what the other outcome of our sliding doors moment would have been like.

Offline Hookeysmith

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Re: NSWE Investment
« Reply #1745 on: October 15, 2020, 08:18:44 AM »
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

Offline The Edge

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Re: NSWE Investment
« Reply #1746 on: October 15, 2020, 08:34:47 AM »
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
Saw an ad on Sky sports this morning. A clip of Tom Cairney slotting in the winner at Wembley for Fulham. Looking at the deflated Villa masses I experienced my own sliding doors moment. Left the ground gutted. Little did we all know at that time it would turn out to be our defining moment in modern times. It would have took us in a totally different direction with a Chinese chancer getting his hands on the PL pot of gold and potato head leading us into the promised land. You know the old saying "someone just walked over my grave?" That's how it felt.

Offline kipeye

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Re: NSWE Investment
« Reply #1747 on: October 15, 2020, 09:32:32 AM »
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.

Online maidstonevillain

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Re: NSWE Investment
« Reply #1748 on: October 15, 2020, 09:43:18 AM »
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.

From $60+ to below$5. They have recovered well. I think Warren Buffet bought a big chunk at about $5. Do you think he wants to buy a football club.

Offline Sexual Ealing

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Re: NSWE Investment
« Reply #1749 on: October 15, 2020, 10:04:08 AM »
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.

Anything on Spurs' wage bill?!

Offline eamonn

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Re: NSWE Investment
« Reply #1750 on: October 15, 2020, 11:58:49 AM »
O Villadawg where art thou ?

Offline Damo70

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Re: NSWE Investment
« Reply #1751 on: October 15, 2020, 12:04:29 PM »
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.

Anything on Spurs' wage bill?!

Apparently Gareth Bale is on £500,000 a week.

Offline Jon Crofts

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Re: NSWE Investment
« Reply #1752 on: October 15, 2020, 12:46:44 PM »
A significant injection of cash by NSWE showing up as a share issue into the holding company today. £30 million.

Offline kippaxvilla2

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Re: NSWE Investment
« Reply #1753 on: October 15, 2020, 03:42:06 PM »
Cannot fault these guys.  Not loading the club with debt.  Genuine cash injections.  I hope we can reward them on the pitch.

Online VILLA MOLE

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Re: NSWE Investment
« Reply #1754 on: October 15, 2020, 04:02:05 PM »
Cannot fault these guys.  Not loading the club with debt.  Genuine cash injections.  I hope we can reward them on the pitch.



Yes there is nothing that stands out where they have made a mistake is there ?

 


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