[dangerman]

Will J. Peace buy us off him? He'd make a nice profit.

He's made his money he was never fussed about the outcome of the club once he sold it. He gave us some good times but ultimately sold us to the highest bidder.

Even if he was interested in part 2, he'd wait until the very last moment to get the best bang for his buck as would most people who were trying to make some money.

[ex coseley kid]

I despise Peace for what he did (yes I understand business but when it's Albion it's inexcusable).

I'd still take him in a heartbeat over Lai. At least he had a grasp of running the club/ getting the right people in to achieve that.

[gazberg]

I despise Peace for what he did (yes I understand business but when it's Albion it's inexcusable).

I'd still take him in a heartbeat over Lai. At least he had a grasp of running the club/ getting the right people in to achieve that.

Yep. Peace sold us to the highest bidder but he was always going too. He's in no way responsible for the 7 years of destruction caused by Lai. 2 separate things

[tambag]

Yep. Peace sold us to the highest bidder but he was always going too. He's in no way responsible for the 7 years of destruction caused by Lai. 2 separate things

He could have paid back the original loan when he got his money but he chose not to.

[gazberg]

He could have paid back the original loan when he got his money but he chose not to.

True and that is what has caused Lai to do absolutely nothing for 7 years. Poor old Lai

[tambag]

True and that is what has caused Lai to do absolutely nothing for 7 years. Poor old Lai

To me they have both profited form our great club without investing.  Fingers crossed the next owner is more responsible (surely couldn't be worse ?)

[gazberg]

To me they have both profited form our great club without investing.  Fingers crossed the next owner is more responsible (surely couldn't be worse ?)

Extremely unlikely but possible I guess

[baggiejohn]

To me they have both profited form our great club without investing.  Fingers crossed the next owner is more responsible (surely couldn't be worse ?)

Wouldn't bank on that, as things stand Lai will sell to anyone who is willing to pay his valuation of the club.
Wouldn't be at all surprised if it's another consortium.

[overseas baggie]

To me they have both profited form our great club without investing.  Fingers crossed the next owner is more responsible (surely couldn't be worse ?)

Peace profited.  I don’t think turning a £200m investment into maybe a £20m investment will turn out to result in Lai having profited!

[SmethDan]

To me they have both profited form our great club without investing.  Fingers crossed the next owner is more responsible (surely couldn't be worse ?)

You never know Tam', there's some right dodgy Bassani's out there.

[paulosull]

Peace profited.  I don’t think turning a £200m investment into maybe a £20m investment will turn out to result in Lai having profited!

idiot will drag us into administration and in the process lose 200 million investment.

[Gilsey 56]

idiot will drag us into administration and in the process lose 200 million investment.

I think that could well happen, but he will sell what he can first, no doubt.

[Topman]

Now the transfer window is over

Please please sell up


It’s time to go

[leeiswba]

Surely after yesterday there must be a takeover pretty close, we were told we needed to sell to basically continue as a football club

[Luke.jones12345]

Something tells me takeover isn’t far away,and I think corberan might know as he seems pretty content even though the board hasn’t giving him the amount of players they promised him at the end of the season ,maybe he knows something is pretty close

[throstle]

Yep. Peace sold us to the highest bidder but he was always going too. He's in no way responsible for the 7 years of destruction caused by Lai. 2 separate things

Peace can't be absolved of responsibility for year one (16/17). He picked up a generous salary as 'adviser' up to 30 June 2017, during which the disastrous appointments of Williams and Goodwin were made - the ramifications of which were felt during later years.

[paulosull]

Scratching my head here when hoping for a new owner, who in his right mind would take on a debt riddled club in short term for the owners valuation of £60 million with known legacy loans of £32 million plus interest. When in a year or two you can get a club in administration for a fraction of that with no debt.

[gazberg]

Peace can't be absolved of responsibility for year one (16/17). He picked up a generous salary as 'adviser' up to 30 June 2017, during which the disastrous appointments of Williams and Goodwin were made - the ramifications of which were felt during later years.

Lai had every opportunity to install his own staff and systems but (massive red flag 1 on day 1) he couldn't be bothered. He just walked off and paid someone else to look after the club without any care.

[baggie96]

Scratching my head here when hoping for a new owner, who in his right mind would take on a debt riddled club in short term for the owners valuation of £60 million with known legacy loans of £32 million plus interest. When in a year or two you can get a club in administration for a fraction of that with no debt.

The 60 million valuation includes debts. Lai would get circa £30m.

I would think something is close to happening tbh, otherwise we would have accepted the bid for BTA & a couple of the derisory bids we got for other players.

[tambag]

The 60 million valuation includes debts. Lai would get circa £30m.

I would think something is close to happening tbh, otherwise we would have accepted the bid for BTA & a couple of the derisory bids we got for other players.

You will need more than 60 million to buy us, as there will be running costs of our high wage bill to take into consideration

[BAGGIE5]

Whats stopping Lai borrowing more against the club? I fear its nothing.

[overseas baggie]

Whats stopping Lai borrowing more against the club? I fear its nothing.

If Lai wants to borrow against his (Yunyai’s) shareholding in the club then that’s entirely his risk, not ours.  He can’t borrow more against the club itself because of the MSD debenture already in place.

[overseas baggie]

Scratching my head here when hoping for a new owner, who in his right mind would take on a debt riddled club in short term for the owners valuation of £60 million with known legacy loans of £32 million plus interest. When in a year or two you can get a club in administration for a fraction of that with no debt.

Hardly “debt-riddled”.  Just short of cash.  Less debt than probably two-thirds of the 24 clubs in the Championship.  Most of them owe massive debts to their shareholders.

Where do you get a figure of “£32 million plus interest” from?

But irrelevant really because the debt is included in the £60m asking price - which is exactly that, an asking price.  Doesn’t mean he’ll get it.

[baggie96]

You will need more than 60 million to buy us, as there will be running costs of our high wage bill to take into consideration

Of course you would need more than 60m to run the club, however I imagine a new owner would want promotion over the next couple of years so will know they’d need to put funds in.

[zippyandbungle]

If Lai wants to borrow against his (Yunyai’s) shareholding in the club then that’s entirely his risk, not ours.  He can’t borrow more against the club itself because of the MSD debenture already in place.

You’ve only had to repeat that how many times?
There will still be some on here think that Lai takes the money from the programme sellers outside the ground.