Christ, where shall I start.
Firstly you compare us to Man United and what the Glazers do. Are you oblivious to the fact that Manchester United are a public company, listed on the NYSE, unable to breathe without reporting it immediately to the market, and with an obligation to have all kinds of governance structures in place, with properly responsible NEDs? While we are a private company with no such obligations?
Secondly, with a tiny board of directors totally controlled by Lai, I doubt any journalist would find anything out without Lai knowing exactly who from the board would have leaked it.
Thirdly, Lai is not a director. He has no legal capacity whatsoever to buy any players. All he can do is tell his stooges on the board to do it, but their first duty under company law is to the company itself ahead of anybody else. They are all aware that they are firmly under the microscope. I’ve said on here many times that if anybody is determined to act incorrectly then they will, and they are exposed to the consequences. It’s illegal to murder somebody but it doesn’t stop it happening, and it doesn’t mean that there aren’t consequences.
Fourthly, MSD will not have lent £20m to the club without very tight strings attached. If money is syphoned out by Lai it would be an event of default and MSD would pull the plug and demand repayment, probably forcing the club into administration. Where does he benefit from that?
The parallel universe is yours, not mine. I deal in company law and governance day in, day out, and have done for 40 years. I’ve no idea what your background is but you very clearly aren’t familiar with any of this.
You are making a pretty big assumption yourself. Whilst of course MSD could put a number of caveats on their loan, there is absolutely no evidence (to my knowledge anyway, of course I could be wrong), that they have a clause preventing the club from loaning money out to any entities and I personally consider that is actually quite an unlikely clause. The company has physical assets including The Hawthorns as well as the training ground. These assets are listed as collateral in the loan agreement.
I don't imagine that we will buy another Chinese player and they will be somehow used as a way to funnel funds out of the club to Lai or his associates, but it also is not at all impossible for this to happen, as there it is highly improbable that there is any clause calling for an independent valuation of any players purchased.
I don't see the benefit of what seems like more personal attacks to get peoples points across here, when it seems most people are on the same page that Lai is terrible for the club and doesn't act in the interests of the club.
What I would like to see in general is a set of laws passed across all tiers of English Football around how clubs are run, because what is happening at our club right now is a train wreck, only salvaged by the incredible work of CC