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Author Topic: NSWE Investment  (Read 619188 times)

Offline Damo70

  • Member
  • Posts: 30877
Re: NSWE Investment
« Reply #1785 on: October 19, 2020, 12:33:38 PM »
I always thought the main issue was the Chinese Government changing its rules for taking money out which scuppered him transferring funds. I really don't know if he had any to transfer, who can say?

The only issue with that is it hasn't appeared to have scuppered Fosun FC down the road and the other Chinese-owned clubs in Spain and Italy.

He bet the farm (or more to the point the TV money) on getting up in two years. When that didn't work, the shitty-shoed berk had nowhere to turn.

It's totally appropriate that Randolph was hoodwinked by a chancer of that nature.

Was he hoodwinked or was he just desperate to sell and not fussed who to?

Offline dave.woodhall

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Re: NSWE Investment
« Reply #1786 on: October 19, 2020, 12:35:32 PM »
I always thought the main issue was the Chinese Government changing its rules for taking money out which scuppered him transferring funds. I really don't know if he had any to transfer, who can say?

The only issue with that is it hasn't appeared to have scuppered Fosun FC down the road and the other Chinese-owned clubs in Spain and Italy.

He bet the farm (or more to the point the TV money) on getting up in two years. When that didn't work, the shitty-shoed berk had nowhere to turn.

It's totally appropriate that Randolph was hoodwinked by a chancer of that nature.

Was he hoodwinked or was he just desperate to sell and not fussed who to?

I would say the latter, and to be fair I don't remember any Lerner Out and Be Careful Who You Sell To protests.

Offline Lastfootstamper

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Re: NSWE Investment
« Reply #1787 on: October 19, 2020, 12:47:26 PM »
Has anyone on here ever had second thoughts about selling anything to anyone because of what they thought the buyer might do with it?

Offline ChicagoLion

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  • Posts: 22048
  • Location: Chicago
  • Literally
Re: NSWE Investment
« Reply #1788 on: October 19, 2020, 01:08:02 PM »
I always thought the main issue was the Chinese Government changing its rules for taking money out which scuppered him transferring funds. I really don't know if he had any to transfer, who can say?

The only issue with that is it hasn't appeared to have scuppered Fosun FC down the road and the other Chinese-owned clubs in Spain and Italy.

He bet the farm (or more to the point the TV money) on getting up in two years. When that didn't work, the shitty-shoed berk had nowhere to turn.

It's totally appropriate that Randolph was hoodwinked by a chancer of that nature.

Was he hoodwinked or was he just desperate to sell and not fussed who to?

I would say the latter, and to be fair I don't remember any Lerner Out and Be Careful Who You Sell To protests.
Quite an achievement by Lerner to find an even worse owner than himself.

Offline Damo70

  • Member
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Re: NSWE Investment
« Reply #1789 on: October 19, 2020, 01:17:43 PM »
Has anyone on here ever had second thoughts about selling anything to anyone because of what they thought the buyer might do with it?

Some club owners have exercised a duty of care and made sure where possible they have sold to decent new owners. Whether or not they would have sold to potentially dodgy owners if those were the only offers they received we will never know. The porn mob aren't stupid. They wanted the West Ham/Olympic stadium deal and just wanted shot of Small Heath. The knew full well Carson was dodgy but took the money and hung Small Heath out to dry.

Offline Zouch Villa

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Re: NSWE Investment
« Reply #1790 on: October 19, 2020, 01:24:15 PM »
Has anyone on here ever had second thoughts about selling anything to anyone because of what they thought the buyer might do with it?

I regretted selling my first bass guitar to a wannabe metal head.  In a moment of Spinal Tap-esque after gig bravado, he tried to set it alight but only succeeded in singeing his hair, got threatened by the landlord, so snapped the guitar's neck instead.

Would have happily offered Lerner free counsel on the importance of a sellers due diligence on the buyer.

Offline ChicagoLion

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  • Location: Chicago
  • Literally
Re: NSWE Investment
« Reply #1791 on: October 19, 2020, 02:21:37 PM »
Has anyone on here ever had second thoughts about selling anything to anyone because of what they thought the buyer might do with it?

Some club owners have exercised a duty of care and made sure where possible they have sold to decent new owners. Whether or not they would have sold to potentially dodgy owners if those were the only offers they received we will never know. The porn mob aren't stupid. They wanted the West Ham/Olympic stadium deal and just wanted shot of Small Heath. The knew full well Carson was dodgy but took the money and hung Small Heath out to dry.
its just a matter of what scale of dodgyness

Offline eamonn

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  • GM : 26.07.2020
Re: NSWE Investment
« Reply #1792 on: October 19, 2020, 03:07:35 PM »
Has anyone on here ever had second thoughts about selling anything to anyone because of what they thought the buyer might do with it?

I regretted selling my first bass guitar to a wannabe metal head.  In a moment of Spinal Tap-esque after gig bravado, he tried to set it alight but only succeeded in singeing his hair, got threatened by the landlord, so snapped the guitar's neck instead.

Would have happily offered Lerner free counsel on the importance of a sellers due diligence on the buyer.

(Z)Ouch !

Offline LeeB

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Re: NSWE Investment
« Reply #1793 on: October 19, 2020, 03:26:16 PM »
Anyway, enough of the chancers.

These pair must be delighted with the return on their investments so far.

Offline ChicagoLion

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  • Location: Chicago
  • Literally
Re: NSWE Investment
« Reply #1794 on: October 19, 2020, 05:12:42 PM »
Anyway, enough of the chancers.

These pair must be delighted with the return on their investments so far.
I don’t think they will be seeing a financial return for sometime.

Offline Brazilian Villain

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Re: NSWE Investment
« Reply #1795 on: October 19, 2020, 05:26:30 PM »
These pair must be delighted with the return on their investments so far.

If Wes shares his daughter's feelings on us then I doubt they have any regrets so far. https://twitter.com/MedensEdens/status/1317922102633168897

Offline LeeB

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Re: NSWE Investment
« Reply #1796 on: October 19, 2020, 05:41:16 PM »
Anyway, enough of the chancers.

These pair must be delighted with the return on their investments so far.
I don’t think they will be seeing a financial return for sometime.

I didn't mean in terms of financial, but I hope that's the case.

Offline eamonn

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  • GM : 26.07.2020
Re: NSWE Investment
« Reply #1797 on: October 19, 2020, 06:45:36 PM »
These pair must be delighted with the return on their investments so far.

If Wes shares his daughter's feelings on us then I doubt they have any regrets so far. https://twitter.com/MedensEdens/status/1317922102633168897

Imagine if Jack and Mallory got married. And moved into Villa Park.

Offline Risso

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Re: NSWE Investment
« Reply #1798 on: October 19, 2020, 06:56:33 PM »
These pair must be delighted with the return on their investments so far.

If Wes shares his daughter's feelings on us then I doubt they have any regrets so far. https://twitter.com/MedensEdens/status/1317922102633168897

Imagine if Jack and Mallory got married. And moved into Villa Park.

and called their first born Mason.

Offline Brazilian Villain

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  • *
  • Posts: 33135
  • GM : 09.03.2025
Re: NSWE Investment
« Reply #1799 on: October 19, 2020, 07:12:51 PM »
Imagine if Jack and Mallory got married. And moved into Villa Park.

and called their first born Mason.

Given her name is Mallory surely Mount would be more likely.

 


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