[RuncornBaggie]

Wonder if this makes any difference to any potential takeover by anyone of Chinese desent?

http://www.international-adviser.com/news/1023646/china-market-plunge-economy-risk

The continuing fall in China's stock market puts the country's entire financial system and structural reform agenda at risk, according to Axa Investment Managers and Schroders - See more at: http://www.international-adviser.com/news/1023646/china-market-plunge-economy-risk#sthash.KUdfU3fA.dpuf

[overseas baggie]

Wonder if this makes any difference to any potential takeover by anyone of Chinese desent?

http://www.international-adviser.com/news/1023646/china-market-plunge-economy-risk

The continuing fall in China's stock market puts the country's entire financial system and structural reform agenda at risk, according to Axa Investment Managers and Schroders - See more at: http://www.international-adviser.com/news/1023646/china-market-plunge-economy-risk#sthash.KUdfU3fA.dpuf

Not really.  They will have diversified their wealth quite a lot already

[Hayward1984]

Obviously Hui Wing Mau is just a name plucked out of the sky (nice one!) but he is a good example on that Forbes rich list that it could effect things... he's seemingly had $1bn wiped off his value since the 2014 list was produced.

http://www.forbes.com/profile/hui-wing-mau/?list=china-billionaires

[caravanc58]

It could be the be the bloke who owns the WOK YOO LIKE Chinese take away chain.

[Barrington]

It could be the be the bloke who owns the WOK YOO LIKE Chinese take away chain.

More likely to be the owners of 'City Wok'  (one for the South Park fans there).

https://www.youtube.com/watch?v=aujF4bwXb5g

[PsalmXXIII]

Jianlin has lost $6.5bn on the stock exchange recently. There goes us being champions league winners in two years time.

[darbolina]

The financial news from China could work both ways I guess

If Chinese investor(s) are about to buy us, they will have likely just lost a fortune on the Chinese stock market. This may well change their approach to us in that they need to be much more cautious?

On the other hand, they may want to transfer as much cash into other more stable economies meaning they may want to invest a bit more............

[seteefeet]

Jianlin has lost $6.5bn on the stock exchange recently. There goes us being champions league winners in two years time.

Depends how much he's got left!
Isn't that the equivalent of us losing a fiver down the back of the sofa?

[SmethDan]

Don't know about a fiver to the likes of us, but he's down to his last $32.5 billion now.

Poor lamb, be on the bones of his backside before he knows it.

http://www.forbes.com/sites/liyanchen/2015/07/08/chinas-richest-billionaires-lost-195-billion-in-one-month-amid-stock-market-rout/

[Zebidee]

Jianlin has lost $6.5bn on the stock exchange recently. There goes us being champions league winners in two years time.

He lost 6.5bn? Isn't that most of his money gone, as I thought he was only worth about 9bn

[AlbionFan]

Reading the article posted, he is worth 32.3 billion dollars, U.S.

6.5 billion dollars has been wiped off his shares, but like all investments in stock markets they can go down as well as up and as long as he holds on to his shares it is only a loss on paper that, nonetheless, must be of concern to him.

The Chinese economy has slowed, but is still in a quite health condition overall compared to the rest of the world and I would hazard a guess that we ALL have something that was made or has its origin in China in our homes or on our drive.

[divinewind]

I would be very surprised if this goes through now. At the end of July we will hear Peace say he couldn't reach a satisfactory agreement, the season will be upon us and no new player's will have arrived.

I hope to god i am wrong and that i end up with egg on my face, but we all know about the wily old fox and his way's.

[sammyg]

I would be very surprised if this goes through now. At the end of July we will hear Peace say he couldn't reach a satisfactory agreement, the season will be upon us and no new player's will have arrived.

I hope to god i am wrong and that i end up with egg on my face, but we all know about the wily old fox and his way's.

What makes you think a deal is unlikely ?

[PepeMel]

Not this old chestnut again

[BobTaylor]

Not this old chestnut again

Wouldn't be the first or last time the Albion have broke your heart   .

[lonions]

The fact they've gone into exclusivity means a deal has been agreed. The 30 days is for the buyer to conduct a more thorough due diligence.

[PepeMel]

The fact they've gone into exclusivity means a deal has been agreed. The 30 days is for the buyer to conduct a more thorough due diligence.

Don't talk saft remember we are of course only little ole albion

[halifax_baggie]

it means a deal has been done in principle, however due diligence enables the purchaser to evaluate all risks and based on that perhaps further price movement.  if the risks are perceived by the buyer to be too great and a price reduction can not be agreed then the buyer can walk away but will probably have to pay a default fee.

At that stage any other interested parties may come back in, unless of course the seller withdraws the offer to sell

[bangkokbaggie]

I would be very surprised if this goes through now. At the end of July we will hear Peace say he couldn't reach a satisfactory agreement, the season will be upon us and no new player's will have arrived.

I hope to god i am wrong and that i end up with egg on my face, but we all know about the wily old fox and his way's.

I know your comments are based on past experiences but lets just wait and see what happens over the next 2-3 weeks. At the end of July if the situation remains as it is now along with no inspiring signings then JP will be facing some criticism.

For anyone interested I have looked at the up-to-date signings by premierships clubs and so far we are 19th on overall spending on actual fees disclosed and on a player who was part of a relegated team to League One. Only Norwich to date have not purchased a player costing a fee.

http://www.soccernews.com/soccer-transfers/english-premier-league-transfers/

[cuckfield1704]

During the close season Norwich have bought Graham Dorrans for £3m

[sammyg]

http://eplindex.com/69337/fit-proper-ownership.html

"With West Bromwich Albion set to reveal Wang Jianlin, one of the richest men in China, as their new owner, we take a closer look at past failings."

They believe it's Jianlin  roll on the end of the month

[VANDERLEI]

http://eplindex.com/69337/fit-proper-ownership.html

"With West Bromwich Albion set to reveal Wang Jianlin, one of the richest men in China, as their new owner, we take a closer look at past failings."

They believe it's Jianlin  roll on the end of the month

They have got about as much of a clue as we have.

[wimbledon baggie]

Might we end up in a red kit then??

[MarkW]

Might we end up in a red kit then??

We've got a red away kit, I'm sure that will be fine. And I hope Peace would conduct his own due diligence on the new owners so that he knows, or has assurances, that they won't meddle too much

[Xpresso]

http://eplindex.com/69337/fit-proper-ownership.html

"With West Bromwich Albion set to reveal Wang Jianlin, one of the richest men in China, as their new owner, we take a closer look at past failings."

They believe it's Jianlin  roll on the end of the month

Removed already. Someone's doing their darnedest to keep the wraps on this sale.