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I read an article which was saying the Chinese economy is set to crash similar to how the US did in 2008, but worse. If that happens I don't want to think about what happens to us
Ok... so now that we are certainly heading towards the Championship, what are the predicted next steps for Lai?He bought the club for £175 million. What's it worth next season as a standalone company?He didn't buy us for vanity. It was an investment that he could promotionally couple with his Palm business in China. No Premier league football = limited Promo revenue in his home market, again devaluing his investment.Does he look to sell or over-invest more capital in order to try for an immediate return?Answers on a postcard...
I think he'll have one go at trying to get us back in the premier. He'll have to gamble and spend some cash, but the loss on us will be massive. I'd have one possibly two seasons at trying to get back in the prem before throwing in the towel.
Was having this conversation the other day, have a very weird feeling that Peace will buy the club back for less than he sold it at some point next year.
If I was Lai I would tell Dan Ashworth to name his salary.
Was talking with my Dad earlier. He said exactly the same thing. I think peace is a wise man though personally and will stay well away.
He could come back as chairman he doesn’t have to buy it back
Cannot see that happening, Peace secured maximum return for minimum outlay.He is a businessman first and foremost, he will realise it would be almost impossible to repeat.
If anyone heard the paper review on talk sport this morning the journalist seemed to think he's looking to sell, that's why pardew is still here as he wont sack him.
The only reason Pardew is still here is because the board have admitted defeat and know we are destined for the championship. He has a break up clause in the contract that states when we are officially relegated we can sack him without paying him any money towards compensation. This is probably the only smart move the club have made all season