It is not looking good, but I would like someone to check Dr Tony Xia's Finances to prove he is rich or broke. I want to know why Chinese Government wouldn't let him spend his/his company fortune.
He managed to pull together the money to purchase the club in the first place and pump some capital in. He can’t be a complete charlatan. Can he?Maybe it’s as said, a short term cash flow issue and the tax will be paid this week?
I don’t think he’s got any more insight than reading this thread.
James Nursery from Mirror: Re: #AVFC clearly in huge ££ trouble & there's a report in @DailyMirror tomorrow. Club been borrowing money this yr & selling on future transfer income to keep cash flow going but now at crisis point with parachute payment down to £15m. Sales inevitable & could get worse yetIsn’t this a blue nose git?
Still trying to get over the play off defeat now this which we expected I just want some happy news for my club for a change.
James Nursery from Mirror: Re: #AVFC clearly in huge ££ trouble & there's a report in @DailyMirror tomorrow. Club been borrowing money this yr & selling on future transfer income to keep cash flow going but now at crisis point with parachute payment down to £15m. Sales inevitable & could get worse yet
Aside from anything else, this all reflects very badly on Bruce's decision to flog 10m precious quid on the likes of Hogan and play safety first football...