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The fact that the club has said nothing indicates it's true. The silence is the giveaway. We are about to be sold.
Guys, you're making 2+2=22, rumours, supositions, speculation, twitter,press reports, denials, conspiracy theories, you've all gone crazy. Smacks of desperation and delusion to me. Just wait and see
maybe a Chinese investor is looking to make bigger profits than wba currently achieve, its possible by finishing a lot higher up the league and getting a European spot.it would take investment but its doable. and who knows how much the next tv rights deal will be worth.as a football club we haven't hit our ceiling by a long way and who knows where new investment might take us.
OK i'll kind of buy it, could you post some hypothetical sums then?For example how much extra revenue could we expect from say a 5th place? Could we do that with the same level of cost, & if not, how much additional cost? A fifth place would give us a Europa League slot, how much additional revenue could we expect from a Europa League campaign. If the squad is competing in the Europa League, the FA Cup, the League Cup & the PL, would the quality of the squad have to improve, & if so how much would that cost?As a example, If reports are to be believed, Leicester's wages cost is likely to be at least double & probably upwards of 2.5 times 2015/16 seasons costs, just by improvements in players contracts. It's difficult to see how their operating profits will increase
The only hope with someone like Wanda would be to use us as an advertisement vehicle, i.e. shirt/stadium sponsorship of their brand.
Wanda or not there obviously ARE interested parties. At the price we are too big a risk for someone looking to make a quick 60 million. So I lean towards a huge buyer using us as a vehicle. Revitalising the local area and growing their interests in the UK.
Are you serious? It's common knowledge Peace is looking to sell and with the pound dropping in value, now is the time for Chinese Billionaires to invest. Whether it happens is another thing but we are 100% in negotiations to sell the club. Nothing to do with conspiracy theories, it's more to do with non-disclosure agreements and business etiquette.
regarding Leicester's wage increase they will receive £12m alone from the group stages in the champions league, a possible £1.5m for any win or £0.5m for a draw.there is big money from competing in Europe that will cover any wage increases.http://www.uefa.com/uefachampionsleague/news/newsid=1858497.html
Vardy & Mahrez's wages will take half of that. Allegedly those two alone have had a collective increase of £120k per week = £6 million per year. Drinkwater & Schmeichel have each been offered an increase of £40k per week = £4million per year, so I'm not sure it will.
People keep saying Wanda, but seriously the sole intention of Wanda is to make money.
I think there's a game going on. Deal probably already agreed, but a desire not to announce it yet as we need to buy 6/7 players and selling clubs will just put their asking prices for players up if it's known that we are flush with cash. All stacks up with the bid activity over the past 48 hours.
What's Peace's intention been over the years?
Peace, at least has an affiliation with WBA. W'ell just be a small dot on a balance sheet in Bejing.Before we get excited over this, we really need to understand the motivation for the purchase. What it definitely won't be, is to look after the interests of WBA. If it's not working for the buyer, the first thing that will happen is a withdrawal of funds, & we'll sink faster than a lead balloon.
This for me Vanerlei. I think it's near enough done and we're trying to get a few players in first . I'm not in the know at all just would make sense to do that.
I tend to agree with you on this BaggieJohn. My real concern is that if we fall under chinese rule and we get asset stripped or just 'mothballed' for years, we are only going one way. Imagine the irony of looking back at the Peace/Pulis years with affection!My reservation is that the Chinese have no loyalty to the Club; all we are is an overseas investment/asset.... and that worries me.