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West Bromwich Albion FC Forums => West Bromwich Albion FC => Topic started by: alwaysbilly on February 13, 2015, 04:49:41 PM

Title: Guochuan Lai
Post by: alwaysbilly on February 13, 2015, 04:49:41 PM
Sky Sports have just announced this news - good old Sky Sources.

Maybe JP has had enough or does want to push us on (or cash in)
Title: Re: Guochuan Lai
Post by: crazedwbafan18 on February 13, 2015, 04:51:08 PM
Hmmmm not sure how i feel about this. Selling the soul of our club? I like the way we are, even though we will struggle to progress. I don't want to be playing at 'the macron/reebok' or 'sportsdirect', i want us to play at the hawthorns, keep us true to our identity, not becoming the plaything of a sugardaddy.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on February 13, 2015, 04:51:32 PM
Treating this news with much caution, JP is the best thing that's happened to this club in the last 25/30 years.

Days after the new tv deal was announced, I guess the club has never been such an attractive proposition. 
Title: Re: Guochuan Lai
Post by: RogerBadoo on February 13, 2015, 05:04:02 PM
I would be really worried - look at Lerner, numerous East European Oligarchs - they get bored and then that's when the trouble starts. I'd rather not be Leeds, Sheffield Wednesday or even Pompey.

He may be utterly frustrating at times but I would keep JP all day long.
Title: Re: Guochuan Lai
Post by: kc56wba on February 13, 2015, 05:07:28 PM
Better the devil you know. :o
Title: Re: Guochuan Lai
Post by: koren on February 13, 2015, 05:23:17 PM
http://www.expressandstar.com/sport/west-bromwich-albion-fc/2015/02/13/albion-seek-new-investment-and-may-sell/ (http://www.expressandstar.com/sport/west-bromwich-albion-fc/2015/02/13/albion-seek-new-investment-and-may-sell/)

West Bromwich Albion have begun a search for fresh investors - with chairman Jeremy Peace ready to consider an outright sale, sources told the Express & Star today.
    
Albion have spoken to contacts in the City in a bid to attract new financial backers from home and abroad.

And Peace, who is the Baggies’ majority shareholder, has not ruled out selling his controlling stake for the right offer, although he believes a suitable offer is unlikely at this stage.

The Baggies have moved quickly to react to the announcement this week of the Premier League’s new £5.14bn, three-year TV deal.

The latest deal represents a 70 per cent rise on the current £3bn contract for live screening of Premier League matches at home and abroad from 2016.

Sky paid £4.17bn for five of seven packages on offer, equating to 126 live games. BT Sport spent £960m on two, which nets them 42 matches.

Albion believe that makes Premier League clubs more attractive than ever to new investors and hope to steal a march on their rivals by making their move early.

They have contacted industry experts and asked them to spread the word that new investors would be welcomed.

 
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on February 13, 2015, 05:33:53 PM
He did this before and found no-one....

Hardly any foreign buyers have ended up making the club they've brought better. In Birmingham and Blackburn they actually ruined the clubs.

I'd be very cautious with this, even if the buyer seems amazing initially.

Those who have slatted JP have very little clue about the football business and do him a disservice.
Title: Re: Guochuan Lai
Post by: overseas baggie on February 13, 2015, 05:34:36 PM
Personally I would like to see a solid institutional co-investor working with JP, with the investor giving due credence to JP's astute stewardship. In other words, a wealthy backer who knows the value of money and won't want to see it wasted, as opposed to a "money no object" sort of owner.

It all stacks up now.  JP being ruthless re managers, loosening his pursestrings to desperately ensure that we stay in the Premier League, and now ready to cash in.  Can't blame him, but I really do hope that he stays very involved. 

This club with an extra £100m (say) invested in the team and with JP's principles remaining in place could be in a very nice position indeed.     
Title: Re: Guochuan Lai
Post by: Mat15(MH) on February 13, 2015, 05:37:47 PM
Be interesting to see what is considered a "Suitable offer" by the powers that be. I believe we tried looking before but found no-one, anyone have idea what kind of price we were after then?
Title: Re: Guochuan Lai
Post by: Chipperfan on February 13, 2015, 05:39:42 PM
He did this before and found no-one....

Hardly any foreign buyers have ended up making the club they've brought better. In Birmingham and Blackburn they actually ruined the clubs.

I'd be very cautious with this, even if the buyer seems amazing initially.

Thus who have slatted JP have very little clue about the football business and do him a disservice.

I tend to agree with this. JP has done brilliant service for the club and should be recognised for it.

While for some clubs, Chelsea, Man City, Liverpool, foreign ownership has paid off, for most it doesn't seem to have achieved much at all, or worse, in the style of Blues, Villa, Blackburn.

Our model works. Let's be careful what we wish for.
Title: Re: Guochuan Lai
Post by: tommcneill on February 13, 2015, 06:02:23 PM
It would be nice to think we could get someone with a bit of cash to splash but didn't mess it up.

Cant see us ever getting a big wealthy owner though but perhaps a good investment from someone may allow us to push on that little bit further
Title: Re: Guochuan Lai
Post by: WBArgo on February 13, 2015, 06:32:21 PM
Be careful what you wish for...a lot of fans are quick to blame Peace whenever things have gone bad in the past, but personally I think he's an excellent chairman who is also a genuine fan.

I think the reason for looking to sell (this time) is that the excess TV money is around the corner. Supposedly this would be quite attractive to a potential investor in comparison to last time when no one was interested.
Title: Re: Guochuan Lai
Post by: johnthebaggie on February 13, 2015, 06:48:42 PM
If it's the TV money that's inspired this, then all we need to do is survive in the premier league till 2016........simples.

In fairness this is old news as the club has technically been up for sale for a while, only difference this time is that Peace is publicly stating it and has become a bit more active in looking for an investor/buyer.
Title: Re: Guochuan Lai
Post by: BigFrank20 on February 13, 2015, 07:10:25 PM
Just take a look at Coventry City if you need to be warned of the dire possibilities!  :o

Not only is the club almost non existent, these days they don't even have their own home ground.

Oh and can I add Hereford united to that list too?
Title: Re: Guochuan Lai
Post by: freddy73 on February 13, 2015, 07:13:48 PM
As has just been stated, Peace has technically been looking to sell since pretty much day 1. Def read somewhere when he 1st started, that he only saw himself doing it for 5 years max. Complete non story. If someone wanted to buy us / invest in us, they would have done so ages ago. Peaces' asking price (just like Lerners' at the Vile), will put anyone off from buying. Add to the fact the forthcoming tv money, I bet his asking price has just gone up!!!
 
Title: Re: Guochuan Lai
Post by: paulosull on February 13, 2015, 07:16:04 PM
Any numbers mentioned   about the valuation of the club, with new television rights peace will be looking for 50 million minimum for his shares not bad for someone who put in a few pence of his own money. As for becarefull what you wish for JP ain't all that still uses club as his personal cash point
Title: Re: Guochuan Lai
Post by: stoxman on February 13, 2015, 07:38:18 PM
Before anyone gets too excited, I am personally brokering a Championship club,  League 1 club and a world famous golf course. In the last 18 months of following countless meetings in Qatar, UAE etc we have yet to get one firm bid for any of them even at very attractive prices. I also know someone trying to sell a Premier club and he is having no luck either. We have given up entirely with Russian buyers given the weakness in oil and the Ruble. And China is even worse.

Believe me, selling trophy sporting assets is  v v v v v v v hard, even with a rolodex of people who could each buy Albion from petty cash. Don't hold your breath for a quick fix....
Title: Re: Guochuan Lai
Post by: overseas baggie on February 13, 2015, 09:40:59 PM
Before anyone gets too excited, I am personally brokering a Championship club,  League 1 club and a world famous golf course. In the last 18 months of following countless meetings in Qatar, UAE etc we have yet to get one firm bid for any of them even at very attractive prices. I also know someone trying to sell a Premier club and he is having no luck either. We have given up entirely with Russian buyers given the weakness in oil and the Ruble. And China is even worse.

Believe me, selling trophy sporting assets is  v v v v v v v hard, even with a rolodex of people who could each buy Albion from petty cash. Don't hold your breath for a quick fix....

I agree.

And I think that somebody buying a share in the club without acquiring it outright  seems far more likely.

A club our size is more likely to appeal to a different type of investor.  A Beckham-led consortium perhaps.

Title: Re: Guochuan Lai
Post by: Baggie Boy on February 13, 2015, 09:52:28 PM
I think it should be remembered that JP from day 1 has stated he is searching for the 'right investor' and for somebody who can progress the club. That is probably why we haven't sold before, because he is only allowing sales to people with decent financial nouse.

It would be easy to sell up to an idiot in the likes of Tan and Venky's, we can safely be assured JP will only sell upon the right investor entering the fray.
Title: Re: Guochuan Lai
Post by: Webby on February 13, 2015, 09:52:56 PM
Sounds like a pretty different job Stoxman how'd you come about that?

Challenging I presume as you mention
Title: Re: Guochuan Lai
Post by: garry on February 13, 2015, 10:03:53 PM
Be careful what you wish for...a lot of fans are quick to blame Peace whenever things have gone bad in the past, but personally I think he's an excellent chairman who is also a genuine fan.
My view entirely.
I'm not talking statues, but I can't think of anyone who has done more for our club in the past fifty years.
Title: Re: Guochuan Lai
Post by: hunsletbaggie on February 13, 2015, 10:06:15 PM
Best news I've heard in ages bring it on!
Title: Re: Guochuan Lai
Post by: stoxman on February 13, 2015, 10:39:09 PM
Sounds like a pretty different job Stoxman how'd you come about that?

Challenging I presume as you mention

I used to run a couple of the Middle East's investment banks. Lived in Abu Dhabi for about 6 years and spent my life on planes around Libya, Saudi, Kuwait, Oman etc. Pretty amazing adventure. Still managed to watch my beloved Albion on Al Jazeera. When the bigger matches were on AL Jazeera 1,2,3 etc I would often find West Brom v Wigan on Al Jazeera Comedy Channel. True and very ironic...

There's been a lot of change in the Gulf recently- a new king in Saudi, a new Emir in Qatar, continued rumblings in Bahrain, the President of the UAE isn't in great health, the oil price has halved. It really isn't going to be easy finding a top money (as Peace will want) buyer today.

COYB
Title: Re: Guochuan Lai
Post by: frazzle on February 13, 2015, 10:50:06 PM
Best news I've heard in ages bring it on!

I assume this is on the wild assumption that we will be bought by someone with a huge amount of money who does everything that a fan could ever want. Trouble is it rarely ends up that way.

Anyone fancy Leeds, Cardiff or Hull owners?

I'd take Peace any day. Problem is that one day he will decide that he has had enough. Then what?
Title: Re: Guochuan Lai
Post by: Black Country Pride on February 13, 2015, 10:56:35 PM
As frustrating as I have found him, with his small time attitude, stubbornness and lack of ambition, I would miss Mr Peace. At least our club is on a sound financial footing and looking at some of the other foreign owners I feel very worried!
Title: Re: Guochuan Lai
Post by: royhan on February 13, 2015, 10:59:57 PM
Good points frazzle. Cardiff's owner is a billionaire but just look what has happened under his stewardship in the last two years. In the Premiership one season with huge earners on the payroll but now in danger of relegation from the Championship 12 months later with a squad of players to match. Whoever takes over I hope they keep JP at the helm.
Title: Re: Guochuan Lai
Post by: charlebaggie on February 13, 2015, 11:13:55 PM
Best news I've heard in ages bring it on!
.    WHY !!!  ?
Title: Re: Guochuan Lai
Post by: stoxman on February 13, 2015, 11:36:08 PM
I remember the Leeds fans cheering the back of Ken Bates. Being close to GFH, David Hague, Esam Janahi etc all I could think was out of the frying pan and into the volcano.  Are there buyers out there that will satisfy Peace's financial demands? Few. Are there buyers out there who will satisfy Peace's financial demands AND "take us to the next level" as so many demand?  Very, very few in my view.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on February 13, 2015, 11:49:50 PM
FFP stops a billionaire from chucking millions into a transfer kitty now anyway, I'd treat a foreign billionaire owner with much caution, most want chuck their debt upon a club, for me JP is almost the perfect chairman for our club.
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on February 13, 2015, 11:52:42 PM
FFP stops a billionaire from chucking millions into a transfer kitty now anyway, I'd treat a foreign billionaire owner with much caution, most want chuck their debt upon a club, for me JP is almost the perfect chairman for our club.

I too believe that, despite people claiming the club was nothing but his Piggy-Bank as he understandably drew a wage. Without JP we'd have maybe popped into the Prem once, for one season at best and more likely be where Brum are now.
Title: Re: Guochuan Lai
Post by: overseas baggie on February 14, 2015, 12:09:26 AM
I used to run a couple of the Middle East's investment banks. Lived in Abu Dhabi for about 6 years and spent my life on planes around Libya, Saudi, Kuwait, Oman etc. Pretty amazing adventure. Still managed to watch my beloved Albion on Al Jazeera. When the bigger matches were on AL Jazeera 1,2,3 etc I would often find West Brom v Wigan on Al Jazeera Comedy Channel. True and very ironic...

There's been a lot of change in the Gulf recently- a new king in Saudi, a new Emir in Qatar, continued rumblings in Bahrain, the President of the UAE isn't in great health, the oil price has halved. It really isn't going to be easy finding a top money (as Peace will want) buyer today.

COYB

Absolutely right.  Big cash buyers are now more likely to come from the US, Azerbaijan, Kazakhstan or India at present.
Title: Re: Guochuan Lai
Post by: stoxman on February 14, 2015, 12:31:35 AM
Absolutely right.  Big cash buyers are now more likely to come from the US, Azerbaijan, Kazakhstan or India at present.

Maybe. The $ strength helps a potential US buyer but the experience of US buyers hasn't been great so far in the Premier League.  Azeri and Kazakh has possibilities  (assuming that the buyer can get past the "fit and proper" test. Anti money laundering rules are much tougher now and a lot of potential buyers would struggle with these. They also have exposure to oil and that is really starting to bite. India doesn't really get football but there are plenty of people who might, just might want a toy like Albion to prove that the have made it on a global scale. Take a look at Mukesh Ambani and his $1bn house built next to a Mumbai slum. Adding a Premier League team to his trophy wall might give him something to boast about. Remember the chicken farmers that made a mess of Blackburn Rovers?...

Personally, I would look for a leveraged buy out fund. There are a few that would take Albion based on the river of cash that is coming from the new Sky deal. I would mostly use borrowed money (which is currently very cheap and easily available), spend as little as possible on players (keep Dorrans, Morrison etc) and just draw as much cash as I possibly could from the business. Not what we as fans would want at all but, in my view, this is not only the most likely potential buyer but also the one best suited to the Sky megadeal/ FFP era
Title: Re: Guochuan Lai
Post by: overseas baggie on February 14, 2015, 01:00:19 AM
Maybe. The $ strength helps a potential US buyer but the experience of US buyers hasn't been great so far in the Premier League.  Azeri and Kazakh has possibilities  (assuming that the buyer can get past the "fit and proper" test. Anti money laundering rules are much tougher now and a lot of potential buyers would struggle with these. They also have exposure to oil and that is really starting to bite. India doesn't really get football but there are plenty of people who might, just might want a toy like Albion to prove that the have made it on a global scale. Take a look at Mukesh Ambani and his $1bn house built next to a Mumbai slum. Adding a Premier League team to his trophy wall might give him something to boast about. Remember the chicken farmers that made a mess of Blackburn Rovers?...

Personally, I would look for a leveraged buy out fund. There are a few that would take Albion based on the river of cash that is coming from the new Sky deal. I would mostly use borrowed money (which is currently very cheap and easily available), spend as little as possible on players (keep Dorrans, Morrison etc) and just draw as much cash as I possibly could from the business. Not what we as fans would want at all but, in my view, this is not only the most likely potential buyer but also the one best suited to the Sky megadeal/ FFP era

I dont agree. There's not enough upside for a leveraged buyout fund to get interested, unless they were wanting to take all the extra TV money and I don't see Peace going for that.

If it was a leveraged buyout fund, the leverage would need to be at fund level rather than at club level because of FFP rules.

I'm aware of several from Azerbaijan and Kazakhstan who've made their money only indirectly from oil, but I take your point especially re proving the source of their wealth.

Truth is we don't need a foreign multi billionaire. A successful UK businessman worth £300m to £500m (like a Coates) would do nicely.
Title: Re: Guochuan Lai
Post by: stoxman on February 14, 2015, 01:24:22 AM
I dont agree. There's not enough upside for a leveraged buyout fund to get interested, unless they were wanting to take all the extra TV money and I don't see Peace going for that.

If it was a leveraged buyout fund, the leverage would need to be at fund level rather than at club level because of FFP rules.
r as
I'm aware of several from Azerbaijan and Kazakhstan who've made their money only indirectly from oil, but I take your point especially re proving the source of their wealth.

Truth is we don't need a foreign multi billionaire. A successful UK businessman worth £300m to £500m (like a Coates) would do nicely.

Personally I believe that an LBO would work. FFP allows losses of (I think) circa £25m on a three year rolling basis. That would be more than enough to cover the interest margin. The club could then just be run for cash so long as the owner was happy to buy journeyman players on journeyman contracts. In fact, I think that an owner could make the business enormously cash generative at the expense of on pitch success.   We wouldn't be at the front of the queue for the best players but under the squad size limits the other 19 clubs can only take 725 players. That will still leave plenty who will be happy to have a run around for a leveraged and cash focused Albion. Also it's worth remembering that most FFP restrictions are focused on European competitions which isn't a big disincentive for Albion. If we dropped to the Championship we would need to get our house in order to comply with League FFP but by then an LBO could have taken a lot of money out and have moved on....

Scary thought and NOT likely to happen but believe me, the maths do work if someone wanted to do it. Would Peace sell out in this way? He would risk the wrath of Albion fans but maybe if the cheque was big enough?

Things can always be worse....
Title: Re: Guochuan Lai
Post by: WorcsWBA on February 14, 2015, 08:13:43 AM
Peace could see the new TV deal as heralding the best opportunity he'll have to sell the club. If it hasn't been difficult enough for him to sell previously, once the deal kicks in it'll become even more difficult, as the value of Prem clubs will rocket. He's possibly seeing it as a now or never opportunity to get the absolute maximum that he can by selling the club.
Title: Re: Guochuan Lai
Post by: overseas baggie on February 14, 2015, 08:21:22 AM
Personally I believe that an LBO would work. FFP allows losses of (I think) circa £25m on a three year rolling basis. That would be more than enough to cover the interest margin. The club could then just be run for cash so long as the owner was happy to buy journeyman players on journeyman contracts. In fact, I think that an owner could make the business enormously cash generative at the expense of on pitch success.   We wouldn't be at the front of the queue for the best players but under the squad size limits the other 19 clubs can only take 725 players. That will still leave plenty who will be happy to have a run around for a leveraged and cash focused Albion. Also it's worth remembering that most FFP restrictions are focused on European competitions which isn't a big disincentive for Albion. If we dropped to the Championship we would need to get our house in order to comply with League FFP but by then an LBO could have taken a lot of money out and have moved on....

Scary thought and NOT likely to happen but believe me, the maths do work if someone wanted to do it. Would Peace sell out in this way? He would risk the wrath of Albion fans but maybe if the cheque was big enough?

Things can always be worse....


Sorry - we were at crossed purposes.  What I meant was that I couldn't see a leveraged buyout from a fund working both for the investor and for the club.  I could see it working just for the investor though.

You and I should talk.

Title: Re: Guochuan Lai
Post by: B_H_Baggie on February 14, 2015, 09:57:48 AM
As mentioned with the new TV deal the time is right to see if the potential for outside investment or even a sale is there. I don't see anything changing since the last time he did this though to be honest, with FFP rules in place it is designed to keep the rich clubs rich and the smaller clubs just don't matter.
Title: Re: Guochuan Lai
Post by: paulosull on February 14, 2015, 10:28:47 AM
Why hasn't anyone mentioned a fan's buyout or ishare option that would be the way to go I'd chip In a few bob buyer don't tell the wife
Title: Re: Guochuan Lai
Post by: baggiejohn on February 14, 2015, 10:45:13 AM
Absolutely right.  Big cash buyers are now more likely to come from the US, Azerbaijan, Kazakhstan or India at present.

Must admit, I wondered if there was a link between a potential buyer & the recent appearance of the Kansas City Chiefs cheerleaders.
Title: Re: Guochuan Lai
Post by: garry on February 14, 2015, 11:07:22 AM
Why hasn't anyone mentioned a fan's buyout or ishare option that would be the way to go I'd chip In a few bob buyer don't tell the wife
Yes - it would only require 5,000 of us chipping in £60,000 each to raise £300 million. :D
Perhaps not. :(
Title: Re: Guochuan Lai
Post by: zippyandbungle on February 14, 2015, 01:01:46 PM
Sometimes you have to lose what you have to really appreciate it?
Valero
Odemwingie
JP
I hope that even if we are sold that he retains some status on the board ,without doubt the most important thing to happen to the Albion in modern history.
Title: Re: Guochuan Lai
Post by: overseas baggie on February 14, 2015, 02:43:11 PM
Yes - it would only require 5,000 of us chipping in £60,000 each to raise £300 million. :D
Perhaps not. :(

£300m? 
Title: Re: Guochuan Lai
Post by: AlbionFan on February 14, 2015, 03:56:58 PM
Sometimes you have to lose what you have to really appreciate it?
Valero
Odemwingie
JP
I hope that even if we are sold that he retains some status on the board ,without doubt the most important thing to happen to the Albion in modern history.

JP is on a par with Fred Everiss and his achievements and service to the club IMO
Title: Re: Guochuan Lai
Post by: Baggie79 on February 14, 2015, 05:28:22 PM
It will be a sad sad day when Jeremy Peace leaves this club. No matter what you think of him as a person he has done a remarkable job guiding this club.
Title: Re: Guochuan Lai
Post by: Standaman on February 14, 2015, 07:25:09 PM
Must admit, I wondered if there was a link between a potential buyer & the recent appearance of the Kansas City Chiefs cheerleaders.

Oddly enough the Kansas City chiefs owner Clark Hunt (net worth $2bn) is the type of owner that might be tempted into the Premier League by the prospect of the river of TV money flowing into the game. His money came from oil originally but is now a sports investor owning the Chiefs and MLS team FC Dallas and has also owned MLS Columbus Crew.

Would he or any other US owner be good for us ? I cannot say other than if their motive is profit at least they won't kill the club like some of the trophy owners might.

I would echo Baggie79's sentiments concerning Peace, I hope we don't end up looking back at his tenure as a golden age.



Title: Re: Guochuan Lai
Post by: zippyandbungle on February 14, 2015, 08:39:51 PM
It will be a sad sad day when Jeremy Peace leaves this club. No matter what you think of him as a person he has done a remarkable job guiding this club.
Amen to that .
if he has to leave I hope he takes over at Walsall , does a similar Job and waves at the vile as they swap places..
Title: Re: Guochuan Lai
Post by: glosterbaggie on February 14, 2015, 08:54:57 PM
In my experience a US takeover leads to a company going bust sooner or later.
Title: Re: Guochuan Lai
Post by: Brummie Road on February 14, 2015, 09:02:48 PM

I would echo Baggie79's sentiments concerning Peace, I hope we don't end up looking back at his tenure as a golden age.

Yes, I'd agree, and personally I think Peace has done a great job for the Albion, and really hope the Peace era at the club continues for a few more years to come.

As I've said on a few occasions, it's not just about what happens on the pitch (though obviously that is very important!!), it's also about the fact that we as supporters have been treated well, certainly in terms of ticket prices, particularly for Season Ticket holders which are really good value - certainly in comparison to what many other supporters in the Prem and Championship are having to pay.

Some would argue that it's all about the team and investment in players, but for me running a football club is about a lot more than that, particularly with the community work they do as well.   

So I'd agree he's done, and continues to do, a remarkable job.
Title: Re: Guochuan Lai
Post by: glosterbaggie on February 14, 2015, 09:07:49 PM
Yes, I'd agree, and personally I think Peace has done a great job for the Albion, and really hope the Peace era at the club continues for a few more years to come.

As I've said on a few occasions, it's not just about what happens on the pitch (though obviously that is very important!!), it's also about the fact that we as supporters have been treated well, certainly in terms of ticket prices, particularly for Season Ticket holders which are really good value - certainly in comparison to what many other supporters in the Prem and Championship are having to pay.

Some would argue that it's all about the team and investment in players, but for me running a football club is about a lot more than that, particularly with the community work they do as well.   

So I'd agree he's done, and continues to do, a remarkable job.
Cannot disagree with that speech! Did Pat write it!?
Title: Re: Guochuan Lai
Post by: Chipperfan on February 14, 2015, 09:15:51 PM
It will be a sad sad day when Jeremy Peace leaves this club. No matter what you think of him as a person he has done a remarkable job guiding this club.

Spot on mate. JP has done a remarkable job while around us the Vile, Blus, the Dingles and Cov gave all gone for new owners and come unstuck.

Long may he continue?
Title: Re: Guochuan Lai
Post by: Oldbaggie on February 14, 2015, 09:21:48 PM
Spot on mate. JP has done a remarkable job while around us the Vile, Blus, the Dingles and Cov gave all gone for new owners and come unstuck.

Long may he continue

Well said. As a very old Baggie I think JP has been the guiding light to the clubs continued well being while others as mentioned have sunk. Please carry on Mr Peace.
Title: Re: Guochuan Lai
Post by: alex1 on February 15, 2015, 01:47:54 AM
I don't want JP to sell up. How many Chairmen are there nowadays who were born in the same area as the club?  I think that's a great asset, as he is bound to have a greater affinity than someone from maybe a completely different part of the World. He will understand the local culture. Someone buying in from abroad, will just see the club as a set of figures on a balance sheet. Nothing more.
Title: Re: Guochuan Lai
Post by: skyclad99 on February 15, 2015, 02:47:36 AM
As frustrating as I have found him, with his small time attitude, stubbornness and lack of ambition, I would miss Mr Peace. At least our club is on a sound financial footing and looking at some of the other foreign owners I feel very worried!

Fully agree with you. Some of his appointments have smacked of economy but he is a very safe pair of hands and I sing his praises regularly to my Blues and vile friends. I welcome investment but hope he stays fully in control. He is a good man to have at the club.
Title: Re: Guochuan Lai
Post by: halifax_baggie on February 15, 2015, 11:25:03 AM
Fully agree with you. Some of his appointments have smacked of economy but he is a very safe pair of hands and I sing his praises regularly to my Blues and vile friends. I welcome investment but hope he stays fully in control. He is a good man to have at the club.

B H sanity strikes at last
Title: Re: Guochuan Lai
Post by: ex coseley kid on February 15, 2015, 11:29:52 AM
Fully agree with you. Some of his appointments have smacked of economy but he is a very safe pair of hands and I sing his praises regularly to my Blues and vile friends. I welcome investment but hope he stays fully in control. He is a good man to have at the club.

Agreed. Who's to say he would want to stay though? Feel a bit concerned about this.
Title: Re: Guochuan Lai
Post by: Strodder on February 15, 2015, 01:59:10 PM
The worry for me around this whole issue is when you think about why anyone would want to buy the club. I don't understand what would be the plan of any new owner, a club of our size is never going to compete for major league honours as it stands and fair play means owners are no longer to bank roll success. Any new owner cannot come in and throw millions at it (hence the reason the existing elite clubs were so keen on the idea).
The club is well run and on a sound footing so will not be cheap, we are not in debt so there won't be any buying the club for a pound situations.
This leaves us with a scenario of a potential new owner wanting a football club as a vanity project, to raise the profile of their real business interests or to just simply cream off the TV cash which is on its way. All of these reasons spell risks to our club and if we hear the word "consortium" we should press the panic button!
Title: Re: Guochuan Lai
Post by: philwba1 on February 15, 2015, 02:16:39 PM
Agreed. Who's to say he would want to stay though? Feel a bit concerned about this.
yeah me too. Always said as long as JP is here we'll have an Albion to support. Too many teams chased the big investors and come unstuck
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on February 15, 2015, 03:15:59 PM
At some point Jeremy Peace is going to call it a day.

I would hope he does the appropriate checks on any party he is interested in selling too.

Personally, I'd quite look forward to a potential new ownership but I don't think I will forget the hard work Peace has put into changing our fortunes. We might moan that he is tight and a bit too "over prudent" but there is no doubting that our growth under his stewardship has been enormous.
Title: Re: Guochuan Lai
Post by: seteefeet on February 15, 2015, 04:57:54 PM
Bring it on I say.
Peace has done a fantastic job and should go down in Albion history, but a billionaire investor is a no brainer. Ok we may end up in the hands of a madman, but it would just add to the rollercoaster ride of being an Albion fan. Would I take a few years of madness (thinking Portsmouth) with the prospect of a dramatic fall from grace? You bet your ar$e I would. Pompey fans are still Pompey fans and I bet most wouldn't change a thing.
The most frightening future for me is being Greed League cannon fodder for ever more.
Title: Re: Guochuan Lai
Post by: johnny Cash on February 15, 2015, 05:12:14 PM
Investments are made for a lot of reasons but most of them dont apply to Football clubs. Growth by acquisition, taking out a competitor etc, getting market access etc. The problem Jezza has, is that as an investment (i.e growth to a prem club and the glories of Sky money) he has milked the club dry. He will walk away from any eventual sale better than any future owner will (and has done a great job imo so I don't begrudge him).

How do you buy us for £40 million and make money? Wages run at such a high percentage of turnover that if you want to keep us in the prem and make the sky money you cannot just stop us spending, we would go down.  Asset strip is the only way. Take the 90m and sell off the squad. Nobody can come in, pay £40m and take us to the next step, and make money. We aren't big enough, merchandise and ticket sales will never be a gold mine.

We don't need an investor, we need to be someones play thing, and that can go either way.

That is why he struggles to sell.
Title: Re: Guochuan Lai
Post by: AlbionFan on February 15, 2015, 05:38:05 PM
Investments are made for a lot of reasons but most of them dont apply to Football clubs. Growth by acquisition, taking out a competitor etc, getting market access etc. The problem Jezza has, is that as an investment (i.e growth to a prem club and the glories of Sky money) he has milked the club dry. He will walk away from any eventual sale better than any future owner will (and has done a great job imo so I don't begrudge him).

How do you buy us for £40 million and make money? Wages run at such a high percentage of turnover that if you want to keep us in the prem and make the sky money you cannot just stop us spending, we would go down.  Asset strip is the only way. Take the 90m and sell off the squad. Nobody can come in, pay £40m and take us to the next step, and make money. We aren't big enough, merchandise and ticket sales will never be a gold mine.

We don't need an investor, we need to be someones play thing, and that can go either way.

That is why he struggles to sell.

And I for one thank the heavens for all of that and hope we don't become a play thing

Title: Re: Guochuan Lai
Post by: Jimbo Baggy on February 15, 2015, 09:32:04 PM
Jeremy Peace has done a lot of good, and some bad in his time in  charge of us. But I for one would love someone to come in, inject some money and push us on to the next level. Like some one said its not just the Oil rich Arabs who want to invest. Look at the Asian market, some very rich Chinese, Indian people. Still very rich Russian, Uzbekistan and Ukraine people.

One group who I wouldn’t like, would be Red Bull, they would almost certainly try to re brand the club, I think Peace wouldn’t sell to them anyway. A US owner is a big possibility. Loads of NFL MLS owners been linked to clubs lately.
Title: Re: Guochuan Lai
Post by: Albionic on February 15, 2015, 09:37:28 PM
Jeremy Peace has done a lot of good, and some bad in his time in  charge of us. But I for one would love someone to come in, inject some money and push us on to the next level. Like some one said its not just the Oil rich Arabs who want to invest. Look at the Asian market, some very rich Chinese, Indian people. Still very rich Russian, Uzbekistan and Ukraine people.

One group who I wouldn’t like, would be Red Bull, they would almost certainly try to re brand the club, I think Peace wouldn’t sell to them anyway. A US owner is a big possibility. Loads of NFL MLS owners been linked to clubs lately.

no, what has been said is its very difficult to find anyone who would want to invest.
Title: Re: Guochuan Lai
Post by: Standaman on February 16, 2015, 08:44:30 AM
Bring it on I say.
Peace has done a fantastic job and should go down in Albion history, but a billionaire investor is a no brainer. Ok we may end up in the hands of a madman, but it would just add to the rollercoaster ride of being an Albion fan. Would I take a few years of madness (thinking Portsmouth) with the prospect of a dramatic fall from grace? You bet your ar$e I would. Pompey fans are still Pompey fans and I bet most wouldn't change a thing.
The most frightening future for me is being Greed League cannon fodder for ever more.

Firstly in part because of Pompey and other complete basket case clubs the FFP regulations have been introduced which have pretty much killed the sugar daddy model. Secondly what the hell did Pompey achieve that was so great that makes up for the fact they are currently languishing in 16th place in the Second Division having nearly gone out of existence?  They  managed 7 season in the Premier League (we are currently in our 6th) during which time their highest placed finish was 8th and won one FA cup all of which is achievable within a financially prudent framework.

There is nothing to recommend some wealthy but deluded egotist as an owner. If the club cannot sustain Champions League football there is no next level that is worth a mess of beans and I personally hope that whoever turns up next is just as hard boiled as JP who thankfully has no truck with this sort of nonsense.     
Title: Re: Guochuan Lai
Post by: chippyclarke on February 16, 2015, 09:06:34 AM
Jeremy Peace has done a lot of good, and some bad in his time in  charge of us. But I for one would love someone to come in, inject some money and push us on to the next level. Like some one said its not just the Oil rich Arabs who want to invest. Look at the Asian market, some very rich Chinese, Indian people. Still very rich Russian, Uzbekistan and Ukraine people.

One group who I wouldn’t like, would be Red Bull, they would almost certainly try to re brand the club, I think Peace wouldn’t sell to them anyway. A US owner is a big possibility. Loads of NFL MLS owners been linked to clubs lately.
Please don't take this the wrong way Jimbo Baggy, but I think you're being very naïve to want "very rich Russian, Uzbekistan and Ukraine people" to take over the club. The majority of these people have made their money in very dodgy ways and I certainly wouldn't want any of them anywhere near my club! As for Red Bull, you would be happy to see Albion rebranded?!
Personally, I would much prefer stick to stick with JP even though I earlier loathed the man, I realize now how lucky we are to have someone who isn't splashing the cash and we are run like a proper club should be.
Title: Re: Guochuan Lai
Post by: seteefeet on February 16, 2015, 09:19:57 AM
Firstly in part because of Pompey and other complete basket case clubs the FFP regulations have been introduced which have pretty much killed the sugar daddy model. Secondly what the hell did Pompey achieve that was so great that makes up for the fact they are currently languishing in 16th place in the Second Division having nearly gone out of existence?  They  managed 7 season in the Premier League (we are currently in our 6th) during which time their highest placed finish was 8th and won one FA cup all of which is achievable within a financially prudent framework.

There is nothing to recommend some wealthy but deluded egotist as an owner. If the club cannot sustain Champions League football there is no next level that is worth a mess of beans and I personally hope that whoever turns up next is just as hard boiled as JP who thankfully has no truck with this sort of nonsense.   
That's one more FA cup than I have seen in my 40 years.
The point I was making was that I would rather have a mad few years than eternal mediocrity and at the end of the day I will support them whatever league they are in, so 'doing a Portsmouth' is not the end of the world.
If I had the choice of one night with Angelina Jolie or a lifetime with Edwina Currie, I know which I would take  ;)
Title: Re: Guochuan Lai
Post by: BB74 on February 16, 2015, 09:23:09 AM
That's one more FA cup than I have seen in my 40 years.
The point I was making was that I would rather have a mad few years than eternal mediocrity and at the end of the day I will support them whatever league they are in, so 'doing a Portsmouth' is not the end of the world.
If I had the choice of one night with Angelina Jolie or a lifetime with Edwina Currie, I know which I would take  ;)

Good point. Portsmouth have had some great games at Fratton Park with the likes of AC Milan coming to town and no one will ever take the FA Cup win away from them.

Also, their fans are loving it where they are now, visiting new grounds and mixing with proper football people.
Title: Re: Guochuan Lai
Post by: Standaman on February 16, 2015, 09:56:18 AM
That's one more FA cup than I have seen in my 40 years.
The point I was making was that I would rather have a mad few years than eternal mediocrity and at the end of the day I will support them whatever league they are in, so 'doing a Portsmouth' is not the end of the world.
If I had the choice of one night with Angelina Jolie or a lifetime with Edwina Currie, I know which I would take  ;)

Portsmouth are lucky to be alive they have nothing to show for the madness and right now we are as close to winning a trophy as they were during the Gydamack years and what is more as long as we sustain a Premier League presence we will have a better chance than any of the 72 league clubs. The bonkers owner just ratchets up the risk and in most instances delivers very little in short term gain but have a nasty habit of delivering long term pain.

All of which is a pretty irrelevant because the various FFP regulations have  killed the sugar daddy model.  Now the bonkers owner can't take the club anywhere worth going and are just  well bonkers.

Doing a Portsmouth is utterly shameful given the havoc their administrations have caused their local suppliers, from a personal point of view no it would not matter because I would still be a Baggie regardless of the league we were in but I would not want the Albion to run how Portsmouth were and for a few fleeting moments of glory it is not worth it.

PS A lifetime of Edwina Currie nobody should be forced to endure that.
Title: Re: Guochuan Lai
Post by: baggiejohn on February 16, 2015, 03:13:59 PM
Investments are made for a lot of reasons but most of them dont apply to Football clubs. Growth by acquisition, taking out a competitor etc, getting market access etc. The problem Jezza has, is that as an investment (i.e growth to a prem club and the glories of Sky money) he has milked the club dry. He will walk away from any eventual sale better than any future owner will (and has done a great job imo so I don't begrudge him).

How do you buy us for £40 million and make money? Wages run at such a high percentage of turnover that if you want to keep us in the prem and make the sky money you cannot just stop us spending, we would go down.  Asset strip is the only way. Take the 90m and sell off the squad. Nobody can come in, pay £40m and take us to the next step, and make money. We aren't big enough, merchandise and ticket sales will never be a gold mine.

We don't need an investor, we need to be someones play thing, and that can go either way.

That is why he struggles to sell.

I'm not sure an investor would see the football club itself as a significant profit centre. In my opinion, it's the company that we're in, the global audience potential, & the subsequent revenue from advertising a product or service that would make us attractive. The fact that we've acquired an established EPL manager, lowers the risk of any investment capital being lost due to relegation. In my opinion, the additional revenue, as a result of advertising, generated globally from a sustained period in the EPL, and/or Europa League would easily offset any investment costs.
Title: Re: Guochuan Lai
Post by: royhan on February 16, 2015, 04:32:26 PM
Swansea City FC, a club much smaller than us, seem to be much further down the road with their attempts to attract foreign investors: WHY?

SWANSEA City Supporters’ Trust are expecting an offer to buy 30 per cent of the club to come in the next few weeks.
US billionaire John Moores and associate Charles Noell have held talks with the Swansea hierarchy about the possibility of taking a stake in the Liberty outfit.
And though the trust are opposed to the idea of the Americans getting involved, their representative on Swansea’s board of directors, Huw Cooze, believes a deal could happen.
“Talks are on-going and there’s nothing on the table yet, no offer,” Cooze told the Press Association.
“But I would imagine they would make that offer and be coming in here in the next month or so.
“If they do we’ll have to cross that bridge then, but the Americans and our own shareholders know the Supporters’ Trust shares are not for sale.
“They never will be and they appreciate that, and we will work with them if it (the deal) happens.”
Read more: http://www.southwales-eveningpost.co.uk/Swansea-City-Supporters-Trust-expecting-American/story-26033662-detail/story.html#ixzz3RvUHX400

Title: Re: Guochuan Lai
Post by: BB74 on February 16, 2015, 04:45:57 PM
Maybe because they can attract half of Wales to be fans as they are the only Welsh Premier League side.

We on the other hand have to compete with three Midlands sides and are half way between Manchester and London. 
Title: Re: Guochuan Lai
Post by: Standaman on February 16, 2015, 05:15:26 PM
Swansea City FC, a club much smaller than us, seem to be much further down the road with their attempts to attract foreign investors: WHY?

SWANSEA City Supporters’ Trust are expecting an offer to buy 30 per cent of the club to come in the next few weeks.
US billionaire John Moores and associate Charles Noell have held talks with the Swansea hierarchy about the possibility of taking a stake in the Liberty outfit.
And though the trust are opposed to the idea of the Americans getting involved, their representative on Swansea’s board of directors, Huw Cooze, believes a deal could happen.
“Talks are on-going and there’s nothing on the table yet, no offer,” Cooze told the Press Association.
“But I would imagine they would make that offer and be coming in here in the next month or so.
“If they do we’ll have to cross that bridge then, but the Americans and our own shareholders know the Supporters’ Trust shares are not for sale.
“They never will be and they appreciate that, and we will work with them if it (the deal) happens.”
Read more: http://www.southwales-eveningpost.co.uk/Swansea-City-Supporters-Trust-expecting-American/story-26033662-detail/story.html#ixzz3RvUHX400



From an investors point of view we are virtually identical our operating income is practically the same when we are in the Premier League as are the risks. Maybe the Swans can trade a bit on their "national identity" and having a bigger catchment area could be an advantage but neither is any real advantage to an investor unless they can successfully increase their income stream as a consequence (without making a massive investment to generate it)

I would also point out that talks are one thing and a firm offer is an altogether different matter. Although it is interesting that the parties as being reported as interested are American sports investors which are most likely buyers  and I would be surprised if they have not considered other top flight teams or even one or two in the Championship.
Title: Re: Guochuan Lai
Post by: johnny Cash on February 17, 2015, 12:34:25 PM
I'm not sure an investor would see the football club itself as a significant profit centre. In my opinion, it's the company that we're in, the global audience potential, & the subsequent revenue from advertising a product or service that would make us attractive. The fact that we've acquired an established EPL manager, lowers the risk of any investment capital being lost due to relegation. In my opinion, the additional revenue, as a result of advertising, generated globally from a sustained period in the EPL, and/or Europa League would easily offset any investment costs.

That's sort of my point though. JP will be trying to maximising our commercial revenues. I doubt he is missing some obvious point which would see that income shoot up drastically and even if you could triple our non sky income, its a drop in the ocean compared to the TV money.

You don't spend £40mill (suggesting your worth is in the £200m + brackets) on an investment to make returns of £500,000 per year through increased advertising. Its not a big enough gain.
Title: Re: Guochuan Lai
Post by: baggiejohn on February 17, 2015, 01:15:03 PM
It's not the advertising revenue though is it? It's the additional products or services sold as a result of a company being associated with a top flight football club, & all of the global exposure. How many addition airline seats do you think Emirates have sold as a result of being associated with Arsenal.

Here's Tata's web site http://www.tata.com (http://www.tata.com). Last year they made a profit of 5.31billion us$ & have assets of 116.32billion us$. They own Jaguar/Landrover, which would give a local connection to us. I'm pretty sure that's why we're doing the work we are in India.
Richard Scudamore was saying last week, that the global exposure of the EPL, now makes it an extremely attractive vehicle for Global corporations.

Personally, I think JP wants out, he knows he's taken us as far as he can, but a change of ownership to a global company like Tata would be brilliant for us IMO.
Title: Re: Guochuan Lai
Post by: Standaman on February 17, 2015, 02:01:39 PM
It's not the advertising revenue though is it? It's the additional products or services sold as a result of a company being associated with a top flight football club, & all of the global exposure. How many addition airline seats do you think Emirates have sold as a result of being associated with Arsenal.

Here's Tata's web site http://www.tata.com (http://www.tata.com). Last year they made a profit of 5.31billion us$ & have assets of 116.32billion us$. They own Jaguar/Landrover, which would give a local connection to us. I'm pretty sure that's why we're doing the work we are in India.
Richard Scudamore was saying last week, that the global exposure of the EPL, now makes it an extremely attractive vehicle for Global corporations.

Personally, I think JP wants out, he knows he's taken us as far as he can, but a change of ownership to a global company like Tata would be brilliant for us IMO.

I am pretty sure that Tata or any other global company would not buy us purely to build brand awareness. Sponsorship is one thing ownership is a whole different ball game and unless there was a strategic fit and the prospect of profit it would not not happen.

I think it is easy to overstate the value of the Premier League as a branding vehicle looking at the current shirt sponsors there are only a handful of Global Brands represented and most of those are associated with the top 6 or 7 clubs. If there was real bang for buck in this the smaller teams would be sponsored by global brands rather than obscure betting sites and pay day lenders.

Like it or not any investor will look at the club and the likelihood of making money from it. I can buy a hell of lot of brand awareness for £40m which incidentally is way below the price that JP will be looking for as it is not even equivalent to a year's turnover on the current media contract let alone  the next one.

 
Title: Re: Guochuan Lai
Post by: BB74 on February 17, 2015, 02:30:24 PM
Milan Mandaric is back in the market after selling Sheffield Wednesday ;D
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 03:43:33 PM
I am pretty sure that Tata or any other global company would not buy us purely to build brand awareness. Sponsorship is one thing ownership is a whole different ball game and unless there was a strategic fit and the prospect of profit it would not not happen.

I think it is easy to overstate the value of the Premier League as a branding vehicle looking at the current shirt sponsors there are only a handful of Global Brands represented and most of those are associated with the top 6 or 7 clubs. If there was real bang for buck in this the smaller teams would be sponsored by global brands rather than obscure betting sites and pay day lenders.

Like it or not any investor will look at the club and the likelihood of making money from it. I can buy a hell of lot of brand awareness for £40m which incidentally is way below the price that JP will be looking for as it is not even equivalent to a year's turnover on the current media contract let alone  the next one.

Sorry Stand, that's not the way that most companies behave. The vast majority OWN as little as they possible can. That is why most do not own the stores they trade from, the cars that their senior staff drive etc. They prefer to rent, outsource as much as they can to keep their own balance sheet efficient and the business focused on what they are good at. Running a football company isn't in any way core to Tata and I would be amazed if they devote not just £100m+ of capital but also management time when they could easily just spend £3m and get all the image rights with none of the hassles.  Also, with companies such as Tata (and I personally know them very well), they have individual country businesses to consider. I own a business that has a lot of sponsorship from them but it doesn't just come from the head office; the local business heads are quite autonomous and have a lot of say in how money is spent. The business head for Australia might love the idea of sponsoring Albion and the head for Dubai might not. Top down sponsorships don't just get parachuted down to the regions.

Rich individual or investment buyer; not a corporate buyer.
Title: Re: Guochuan Lai
Post by: seteefeet on February 17, 2015, 03:48:58 PM
Sorry Stand, that's not the way that most companies behave. The vast majority OWN as little as they possible can. That is why most do not own the stores they trade from, the cars that their senior staff drive etc. They prefer to rent, outsource as much as they can to keep their own balance sheet efficient and the business focused on what they are good at. Running a football company isn't in any way core to Tata and I would be amazed if they devote not just £100m+ of capital but also management time when they could easily just spend £3m and get all the image rights with none of the hassles.  Also, with companies such as Tata (and I personally know them very well), they have individual country businesses to consider. I own a business that has a lot of sponsorship from them but it doesn't just come from the head office; the local business heads are quite autonomous and have a lot of say in how money is spent. The business head for Australia might love the idea of sponsoring Albion and the head for Dubai might not. Top down sponsorships don't just get parachuted down to the regions.

Rich individual or investment buyer; not a corporate buyer.
So what's in it for any investor Stox? I must admit, I have been a bit flippant on this thread because I don't really understand the ins and outs of investments. I thought investors were only interested in making healthy returns and can't see how they would do that.
Can you give us, in laymen's terms, what might be attractive to a potential investor and what might put them off? What's the most likely scenario (IYO) and how it would affect the club as we see it?
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 04:37:40 PM
I believe that West Brom's most recent revenue was circa £70m. £53m of broadcast money. £7m commercial. £7m gate receipts. It has been reported that the most recent deal is a 70% increase in broadcast rights. There is little detail as to exactly how the new money will be shared inside the PL or outside in trickle down payments to the FL, payments to elite development etc.  To keep it simple, let's assume that Albion's broadcast money rises by 70% to £90m. Assume that the gate receipts and commercial revenues don't change (given the amount of TV money, it frankly doesn't matter whether I turn up singing COYB and buying a pie or not...).

IF we now assume that the cost base doesn't change, Albion's very small profit of circa £1-2m per annum suddenly becomes circa £40m per annum because ALL of the extra TV money (another £37m) goes straight to the bottom line.   

The crucial, crucial point is of course cost control. The £40m profit won't happen if agents just push up their players wages pro rata. That may seem far fetched but remember that in 1992 the average PL wage was only £1200 per week. Wage inflation has been enormous and there is no reason why we couldn't see hikes that soak up all of the fresh cash if Chairmen are weak enough.

However, all that a new owner would need to do is say no.  There will only be 500 players on premier league contracts due to the limit of 25 squad players. If Brunt's agent comes asking for a 50%, 60%, 100% pay rise the new owner just says "no, thank you, please go elsewhere and ask one of 19 other owners for that money"  There are only 475 other well paid PL contracts out there. Either Brunt stays and accepts not having a massive pay rise or goes. If he goes we offer Brunt's current package to the best Championship, Scottish, European and (where possible) non-EU players. Brunt's current package would be a massive pay rise for almost any other player and we would have no problem filling our squad with grateful and very committed players. Therefore it unquestionably IS possible to keep our variable costs fixed. 

All of our other fixed costs (ground, maintenence, office, etc) is going to be pretty small compared with our variable costs and these should be genuinely fixed costs anyway. The grass isn't going to cost more to cut following the Sky deal....

Hopefully I have proved that Albion COULD make £40m per annum in the PL.

Of course, if we are paying a smaller wage bill, we might struggle and a long term stay in the PL can't be guaranteed in any investment model that we build. That's ok. Let's assume that just through luck we have 2 years in the PL. Let's also assume that we have two years of break-even following relegation (which seems reasonable as JP's current cost base as appropriate drop-down clauses to avoid financial implosion if we were relegated. There is also the chance that future parachute payments are increased).  Let's also assume that post relegation WBA still has some value and could be sold for £5m.   We therefore have £80m of free cash from 2 years of profits and a stub value of £5m.   

Most banks will lend despite the fickle nature of football clubs. Look at most PL clubs and they have £60-100m of net debt. Swansea and Albion are rare examples of clubs without debt.  Given the cash flows yet to come, I see no reason why any bank wouldn't lend £60m to someone (and by that I mean an individual, fund, corporate structure) who was willing to put up £10m of their own money. This would be a Loan To Value of 85% and given the cash flows, acceptable to most banks. The net interest margin might be LIBOR +7% (that appears about right looking at the interest bills and outstanding debt of other PL clubs) and therefore an interest bill of circa £4m per year.  Knock that £4m off the £40m profit (EBIT for you accountants) and you have a £36m profit before transfer profits/ losses. As you have only put up £10m of your own cash that represents a pre-tax 260% per annum return and you would have recovered your own cash after 4 months.  A sensible banker will ask for the debt to be paid down and that might limit the cash that you could take from the business but one look at the indebtedness of clubs shows that banks don't actually get repaid whenever there is cash in the pot.

So, what does it mean for an investor? They could put up little cash, pay JP a very full price (remember that Lerner was reported to be willing to take less than £100m for Villa and I would suggest that they are a bigger club than us). They could take a dividend of £30m+ per annum for a couple of years and if it all goes to s41t then they can just walk away.  It is honestly a very compelling opportunity for the right investor.

As a supporter, it is of course potentially dangerous. I'm not saying that this is going to happen or even very likely but believe me, the maths work very well.
Title: Re: Guochuan Lai
Post by: Albionic on February 17, 2015, 04:47:24 PM
I don't understand what is in it for the banks other than the libor +7% though !
Esp if the debt isn't re-paid.
Title: Re: Guochuan Lai
Post by: AlbionFan on February 17, 2015, 05:46:27 PM
I believe that West Brom's most recent revenue was circa £70m. £53m of broadcast money. £7m commercial. £7m gate receipts. It has been reported that the most recent deal is a 70% increase in broadcast rights. There is little detail as to exactly how the new money will be shared inside the PL or outside in trickle down payments to the FL, payments to elite development etc.  To keep it simple, let's assume that Albion's broadcast money rises by 70% to £90m. Assume that the gate receipts and commercial revenues don't change (given the amount of TV money, it frankly doesn't matter whether I turn up singing COYB and buying a pie or not...).

IF we now assume that the cost base doesn't change, Albion's very small profit of circa £1-2m per annum suddenly becomes circa £40m per annum because ALL of the extra TV money (another £37m) goes straight to the bottom line.   

The crucial, crucial point is of course cost control. The £40m profit won't happen if agents just push up their players wages pro rata. That may seem far fetched but remember that in 1992 the average PL wage was only £1200 per week. Wage inflation has been enormous and there is no reason why we couldn't see hikes that soak up all of the fresh cash if Chairmen are weak enough.

However, all that a new owner would need to do is say no.  There will only be 500 players on premier league contracts due to the limit of 25 squad players. If Brunt's agent comes asking for a 50%, 60%, 100% pay rise the new owner just says "no, thank you, please go elsewhere and ask one of 19 other owners for that money"  There are only 475 other well paid PL contracts out there. Either Brunt stays and accepts not having a massive pay rise or goes. If he goes we offer Brunt's current package to the best Championship, Scottish, European and (where possible) non-EU players. Brunt's current package would be a massive pay rise for almost any other player and we would have no problem filling our squad with grateful and very committed players. Therefore it unquestionably IS possible to keep our variable costs fixed. 

All of our other fixed costs (ground, maintenence, office, etc) is going to be pretty small compared with our variable costs and these should be genuinely fixed costs anyway. The grass isn't going to cost more to cut following the Sky deal....

Hopefully I have proved that Albion COULD make £40m per annum in the PL.

Of course, if we are paying a smaller wage bill, we might struggle and a long term stay in the PL can't be guaranteed in any investment model that we build. That's ok. Let's assume that just through luck we have 2 years in the PL. Let's also assume that we have two years of break-even following relegation (which seems reasonable as JP's current cost base as appropriate drop-down clauses to avoid financial implosion if we were relegated. There is also the chance that future parachute payments are increased).  Let's also assume that post relegation WBA still has some value and could be sold for £5m.   We therefore have £80m of free cash from 2 years of profits and a stub value of £5m.   

Most banks will lend despite the fickle nature of football clubs. Look at most PL clubs and they have £60-100m of net debt. Swansea and Albion are rare examples of clubs without debt.  Given the cash flows yet to come, I see no reason why any bank wouldn't lend £60m to someone (and by that I mean an individual, fund, corporate structure) who was willing to put up £10m of their own money. This would be a Loan To Value of 85% and given the cash flows, acceptable to most banks. The net interest margin might be LIBOR +7% (that appears about right looking at the interest bills and outstanding debt of other PL clubs) and therefore an interest bill of circa £4m per year.  Knock that £4m off the £40m profit (EBIT for you accountants) and you have a £36m profit before transfer profits/ losses. As you have only put up £10m of your own cash that represents a pre-tax 260% per annum return and you would have recovered your own cash after 4 months.  A sensible banker will ask for the debt to be paid down and that might limit the cash that you could take from the business but one look at the indebtedness of clubs shows that banks don't actually get repaid whenever there is cash in the pot.

So, what does it mean for an investor? They could put up little cash, pay JP a very full price (remember that Lerner was reported to be willing to take less than £100m for Villa and I would suggest that they are a bigger club than us). They could take a dividend of £30m+ per annum for a couple of years and if it all goes to s41t then they can just walk away.  It is honestly a very compelling opportunity for the right investor.

As a supporter, it is of course potentially dangerous. I'm not saying that this is going to happen or even very likely but believe me, the maths work very well.

You've obviously given this some considerable and serious thought and have produced a very good read and an imaginative hypothetical mathematical model.

However, like most things financial in life there is a myriad of unpredictable variables that can and will adversely effect likely and predicted outcomes. And you have allude to a few e.g. players wages and the possible impact on the clubs future profit potential.

I think if you were a potential investor and needed a little more investment to purchase WBA and you took this proposal to the Dragons Den, I'd be amazed if any of the Dragons would back you. There is too much risk, IMO in your model. In theory it looks good, but putting it into practice would be a different matter altogether.

ps I know nothing about accountancy, this is just a layman's opinion. But well done on a thought provoking post
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 06:37:51 PM
With regards to what does the bank get, a 7% net interest margin is very juicy. Personally I wouldn't want to lend to football clubs (other than where I get first charge over a property asset worth more than the debt!) but banks LOVE lending to them. Just look at the table below to see the loans that have already been advanced. Not all of this will have come from banks but a lot has. Also take a look at the European scene where the debts are even higher and even more is from banks.  Currently most banks are probably under geared and would like to lend more. They are happy to advertise small business loans at 7% to businesses with far less predictable cash flow than an established Premier League football club...

http://www.theguardian.com/news/datablog/2014/may/01/premier-league-club-accounts-debt-wages

With regards to the Dragon's Den, they are looking at very different investments that are FAR higher risk than Albion could be. They are often backing pure venture capital with no assets, short trading histories, negative cashflow and a lot of capex yet to be done. Albion SHOULD be very profitable and certainly profitable enough to return an investors capital relatively quickly.

To be clear, I'm not saying any of this is easy or likely. It isn't. Banks might say no. Hedge funds would supply capital but at far worse terms for the investor (the Glazers were paying circa 15% PIK loans to the hedge funds when they bought Man Utd). There are a hundred reasons why an investment model such as this might not be practical when someone got down to the fine details of due diligence.  Someone asked me whether it was POSSIBLE to make an investment case out of buying, gearing and stripping cash from the Albion and at a high level I believe it might be...
Title: Re: Guochuan Lai
Post by: Albionic on February 17, 2015, 08:16:27 PM
Sorry, i didn't make my question clear, i fully appreciate that 7% is very attractive in "usual" circumstances but in a high risk situation such as football, why is it that banks LOVE lending them capital ? Does a bank have an ego?
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 08:33:21 PM
It really comes down to an assessment of risk. You may think of football as risky but banks generally don't view football as risky. Think of it this way- most have been around for 100+ years. Many have property asset backing. Most have (absurdly) loyal customers. Very, very few have gone bust in living memory. A large percentage of their revenues are guaranteed in advance by a wealthy central body. How many industries can claim those factors?  Yes, clubs may lose money at a P&L basis in a particular year but the club doesn't disappear. Banks don't have to write off non-performing loans against football clubs because there is a decent chance of repayment.

Believe me, I have seen far riskier things backed by banks on interest margins that I personally regarded as absurd.
Title: Re: Guochuan Lai
Post by: Albionic on February 17, 2015, 08:40:24 PM
when you couch it those terms it makes a lot of sense. Thanks for the explanation (in terms I can understand.)
Title: Re: Guochuan Lai
Post by: AlbionFan on February 17, 2015, 08:42:44 PM
It really comes down to an assessment of risk. You may think of football as risky but banks generally don't view football as risky. Think of it this way- most have been around for 100+ years. Many have property asset backing. Most have (absurdly) loyal customers. Very, very few have gone bust in living memory. A large percentage of their revenues are guaranteed in advance by a wealthy central body. How many industries can claim those factors?  Yes, clubs may lose money at a P&L basis in a particular year but the club doesn't disappear. Banks don't have to write off non-performing loans against football clubs because there is a decent chance of repayment.

Believe me, I have seen far riskier things backed by banks on interest margins that I personally regarded as absurd.

I think this maybe similar to contractors winning Local Authority contracts. Banks view lending to these contractors as Blue Chip as they know the contractor will be paid in full regularly. So, the Banks know that their investment is virtually guaranteed. Perhaps a simplistic comparison.
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 08:50:18 PM
I think this maybe similar to contractors winning Local Authority contracts. Banks view lending to these contractors as Blue Chip as they know the contractor will be paid in full regularly. So, the Banks know that their investment is virtually guaranteed. Perhaps a simplistic comparison.

Not simplistic at all. Actually a good comparison. Think of the huge mess that a lot of Public Private Partnerships have got into and yet have been regarded as low risk.  A layman's assessment of risk and a banks assessment of risk can be very, very different (and the latter's assessment isn't always right).  The banks lent lots to Lehman, Bear Stearns, Chrysler, GM, Enron, WorldCom, Trump etc and they all went bust.
Title: Re: Guochuan Lai
Post by: AlbionFan on February 17, 2015, 08:56:12 PM
Hyperthetocally, the Glazers acquired Man United with a debt that is being paid by the club.

Would it be feasible for Albion fans to get together in some sort of co-operative and do something similar?
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 09:29:27 PM
I wasn't close to that one but my recollection was that the Glazers had quite a bit of their own cash in, at least to begin with before they refinanced and even then they still carried some of the debt personally. Might be wrong on that; it's been a while.

Hypothetically, if a supporters consortium could raise £10-20m of equity then yes, it might be possible to do an LBO.  Again I would stress that these numbers ae little more than a guess without knowing what JP wants to achieve, what the new PL revenues look like etc etc.

However, remember my original premise that an investor doesn't care about Albion. If I came in as an investor I would happily swap Foster, Lescott, GMac, Saido, Yacob etc if any of them demanded a wage increase. Would you be happy taking those sort of decisions? Personally I wouldn't as my blood runs blue and white. When you mix business with personal feelings it ends badly....
Title: Re: Guochuan Lai
Post by: AlbionFan on February 17, 2015, 09:38:53 PM
I wasn't close to that one but my recollection was that the Glazers had quite a bit of their own cash in, at least to begin with before they refinanced and even then they still carried some of the debt personally. Might be wrong on that; it's been a while.

Hypothetically, if a supporters consortium could raise £10-20m of equity then yes, it might be possible to do an LBO.  Again I would stress that these numbers ae little more than a guess without knowing what JP wants to achieve, what the new PL revenues look like etc etc.

However, remember my original premise that an investor doesn't care about Albion. If I came in as an investor I would happily swap Foster, Lescott, GMac, Saido, Yacob etc if any of them demanded a wage increase. Would you be happy taking those sort of decisions? Personally I wouldn't as my blood runs blue and white. When you mix business with personal feelings it ends badly....

Thank you for shedding light on some of the pitfalls of a supporters acquisition. I said in any earlier post on this thread that I would be more than happy for JP to remain as the owner.
Title: Re: Guochuan Lai
Post by: Albionic on February 17, 2015, 10:48:35 PM
one final question from me, if I may,
As a finance man, (not a fan) what are your views of JP's tenure?
Title: Re: Guochuan Lai
Post by: stoxman on February 17, 2015, 11:37:34 PM
one final question from me, if I may,
As a finance man, (not a fan) what are your views of JP's tenure?

I'm not sure how much JP paid for his shares given the various group structures that were involved and we don't know how much he wants to sell for or will be offered. It is therefore hard to say exactly how well he has done but it's probably fair to assume that he will have made a multi-fold gain and many £10m's. There won't be many assets (equities, bonds, commodities or property) that will have done anywhere near as well.  He has also done it against a backdrop of many other businessmen having lost in football the fortunes they earned in the real world. Remember Simon Jordan p155ing away a phone fortune at Crystal Palace??  JP has taken nice dividends and has probably had far fewer sleepless nights than most other football owners. All in all I think he has done a cracking job for himself.

As a supporter I just ask myself a simple question; if I could put all the other league and PL chairmen/owners in a tombola back and draw one out, would I take the chance? Personally I wouldn't. There might be 5% (Chelsea, Man City) who would have done better for us, 5% (Leeds, Pompey et al) that would have been a disaster and the rest would have been a bit worse (Boro, Shef Utd, Shef Weds, Forest, Ipswich, Blues, Charlton etc etc)

Title: Re: Guochuan Lai
Post by: Standaman on February 18, 2015, 09:55:45 AM
Thank you Stoxman for an interesting series of posts and by the way my earlier post on the prospect of being bought by a global was saying it was unlikely. However there a few points worth picking up.

I agree with your basic premise that an LBO is possible and given that the club is virtually debt free owns the freehold to both the training ground and the Hawthorns there is plenty of scope for borrowing. I might quibble about your implied interest rate of 7.68% based on the the fact we are not one of the Premier League's blue chips who are pretty much immune from the threat of relegation and that a large part of the current stock of debt in the Premier League is owner debt which is not being serviced on a commercial basis i.e Lerner waived the interest payments on his loans to Villa in order for the club to comply with the FFP regulations.

However the big unknown is the price that Peace wants. With all buy outs there is a simple rule of thumb if the purchaser pays too much for the asset in the first place it is almost certainly doomed to failure and the use of leverage merely accelerates the process.

Blues went for £81m a few years ago and Fulham for £150m recently. Neither sale worked out well for the purchaser but I cannot see Peace letting the Albion go for less than what Blues were sold for on the basis of a turnover which would have been considerably less than our current level. If Lerner is prepared to take £100m for the Villa that would appear to be a distressed seller trying to sell a distressed asset and I suspect the fact there are no takers at that price is because the new owners would be saddled with the Lerner family trust debt which was standing at over £150m which obviously limits the scope for additional borrowing.

From a pure investor perspective Albion with virtually no debt strong operating model (i.e. flex down clauses in player contracts if relegated) are a better buy at £100m than Villa despite their obvious advantage in terms of fan base because without significant investment it is impossible to realise any net gain from it.

 
Title: Re: Guochuan Lai
Post by: koren on February 19, 2015, 05:39:59 PM
Peace responds to media speculation

CHAIRMAN Jeremy Peace has clarified his plans for Albion following recent speculation about future investment at the club.

The Baggies were at the centre of weekend reports that the Club had been put up for sale by its chairman of the last 13 years amid claims that a broker had been appointed to seek foreign investment.

Albion this week sent its Annual Report to West Bromwich Albion Group Ltd Shareholders and the Chairman decided this provided a timely moment to bring supporters up to date with his future plans.

Peace explained: "I said then that I was open to proposals regarding investment in the club and would not stand in the way of a new owner providing they convinced me their intentions for the club were in keeping with its traditions and values and their ability to deliver on them was realistic.

"Nothing has changed in that regard. The recent announcement of a new and record media rights deal for the Premier League from season 2016-17 is sure to mean that there is once again huge interest in the brand.

"It was only right and prudent, in my view, that at such a moment we should present the Club to the investment market. I believe it is a sound company – an extremely solid football club with no debt, significant assets, a developing infrastructure and reasons to be confident about the future.

"I have been at the helm for 13 years now and I am proud of what has been achieved in that time. I do not need to remind supporters about the journey we have shared to this point.

"I am happy to continue as we strive to deliver Premier League football whilst growing the Club within our means.

"But equally if there was someone out there willing and capable of taking the club further forward, I would be willing to step aside and negotiate a change of ownership providing it was an investment that was right for the Club."

The financial statement for the Club’s ultimate parent company WBA Holdings Ltd, covering the year ending June 30, 2014, showed Albion remains in robust health.

It reported consolidated pre-tax profits of £14.7m on an income of £86.8m even though overall staff costs continued to increase, to £65.5m which represents more than 75 per cent of turnover.

The Chairman added: "The Club continues to fight its ground in an increasingly competitive market.

"The challenge of growing our profile and our support base, to try to keep pace with the advances our competitors make, is one which I feel we tackle with ingenuity and energy.

"As I have remarked before, it gets harder each year and the demands on everyone at the club to over-achieve never diminishes.

"But it is also exciting and fulfilling when you see The Hawthorns brimming with excitement as it was on Saturday afternoon."

Meanwhile, West Bromwich Albion Holdings, which is controlled by Peace and now holds nearly 88 per cent of the club’s shares, is proposing an end to the requirement to hold an Annual General Meeting of the subsidiary Group company.

It is also seeking to remove the limit on the number of directors who can be appointed and also a removal of the limit to increase share capital by more than 10 per cent annually.

These are moves intended to bring Albion into line with similar-sized private companies.

Chief Executive Mark Jenkins acknowledged that some independent shareholders will be disappointed to see the end of the annual AGM but insisted it would not distance the club’s senior officers from supporters.

He said: "We now feel we have far more effective ways of communicating with our fans and shareholders.

"The body of independent shareholders represents an increasingly small number of people and, as I have done in the past, I am more than happy to meet with their representatives periodically to discuss any issues."
Title: Re: Guochuan Lai
Post by: gazberg on February 19, 2015, 05:59:03 PM
Pre-consolidated profit of £14.7 milloon before tax?  :-X

Financial people what does that mean to the club net (roughly)?
Title: Re: Guochuan Lai
Post by: WorcsWBA on February 19, 2015, 06:37:28 PM
For those who sometimes question "where's the money gone?", here's the answer! I suspect the profit for 2014-15 will be even higher.
Title: Re: Guochuan Lai
Post by: kirk on February 19, 2015, 06:38:53 PM
Hyperthetocally, the Glazers acquired Man United with a debt that is being paid by the club.

Would it be feasible for Albion fans to get together in some sort of co-operative and do something similar?

It's already been done. By JP I believe it was 8 million pounds which the club paid back to Barclays.
Title: Re: Guochuan Lai
Post by: throstle on February 19, 2015, 07:06:29 PM
So now no AGM, another step towards the marginalisation of the remaining small shareholders who JP views as little more than an irritant.

It is not clear to me from the statement whether the removal of the 10% annual limit on increasing share capital applies to WBA Holdings or WBA Group. I think it applies to WBA Holdings, and there will be a reason for this which no doubt will be revealed in the fullness of time. Whatever the reason, I very much doubt it will be for the benefit of the other shareholders.
Title: Re: Guochuan Lai
Post by: baggiejohn on February 19, 2015, 08:23:55 PM
For those who sometimes question "where's the money gone?", here's the answer! I suspect the profit for 2014-15 will be even higher.


The quoted pre-tax figure of £14.7million is for the holding company. The profit has'nt necessarily all been generated by the football club. If there are other operating companies in the group, they could have contributed to the overall figure.
Title: Re: Guochuan Lai
Post by: Standaman on February 19, 2015, 08:47:27 PM
The Holding Company doesn't have any other assets other than the club. The profit will probably net down to about £12m. The answer to the question where has the money gone? Wages which have gone up by £10m and Peace has circumvented the Premier League salary cap rules by putting the £6m retained profit back into the wage bill and I am guessing the wage bill has taken another hike this year and if we want to have any chance of retaining Berahino for instance will go up again next year.

Obviously the devil is in the detail but from the headline figures the club is a very attractive proposition as an investment. The problem is that a lot of the profit will have to be ploughed back into the team mostly in wages to keep the club in the Premier League   
Title: Re: Guochuan Lai
Post by: labaggies on February 20, 2015, 02:13:06 PM

It will make my season when Peace finally sells up, all he has even wanted was to cash in his shares and move on. I will happily risk losing him, as I am positive that we could find a real Albion man to look after the club.

Peace an Albion supporter, I don't think so.

My worry though, even though he would never admit it, is that he will sell out to whoever offers the most cash.

Unfortunately, he will never find anyone to offer the kings ransom that he wants.

Sir Jack Haywood he isn't.....
Title: Re: Guochuan Lai
Post by: AlbionFan on February 20, 2015, 02:31:23 PM
It will make my season when Peace finally sells up, all he has even wanted was to cash in his shares and move on. I will happily risk losing him, as I am positive that we could find a real Albion man to look after the club.

Just read your post and we are all entitled to have an opinion, but to help me understand where you are coming from, could you clarify the following for me please:- 

Peace an Albion supporter, I don't think so.

My worry though, even though he would never admit it, is that he will sell out to whoever offers the most cash.

Unfortunately, he will never find anyone to offer the kings ransom that he wants.

Sir Jack Haywood he isn't.....

all he has even wanted was to cash in his shares and move on
What evidence do you have to support this statement?

I am positive that we could find a real Albion man to look after the club.
Perhaps you could provide some suitable names?

Peace an Albion supporter, I don't think so.
On what grounds do you base this statement?

My worry though, even though he would never admit it, is that he will sell out to whoever offers the most cash.
You said you were happy to lose him,so why are you worried about how much he gets for his club?

Unfortunately, he will never find anyone to offer the kings ransom that he wants.
How much is this Kings ransom he wants for his club?

Sir Jack Haywood he isn't.....
What has Jack Hayward got to do with it?
Title: Re: Guochuan Lai
Post by: Standaman on February 20, 2015, 06:37:52 PM
It will make my season when Peace finally sells up, all he has even wanted was to cash in his shares and move on. I will happily risk losing him, as I am positive that we could find a real Albion man to look after the club.

Peace an Albion supporter, I don't think so.

My worry though, even though he would never admit it, is that he will sell out to whoever offers the most cash.

Unfortunately, he will never find anyone to offer the kings ransom that he wants.

Sir Jack Haywood he isn't.....

I think you will be very disappointed with the new owners whoever they are.

They will almost certainly not be fans nor will they be a benign benefactor like Haywood. Football clubs change hands for buttons because they are financial basket cases which are free to a good home (or any home good or bad), the Albion are not in that position and Peace will want the best price he can get for the club. Yes you are stuck with him for the time being.
Title: Re: Guochuan Lai
Post by: ex coseley kid on February 20, 2015, 06:49:31 PM
Sir Jack Haywood he isn't.....

With respect that is an absurd statement. No he isn't. Sir Jack was a unique and generous benefactor. Peace is an astute businessman. No comparison and no disrespect to either.

Be careful what you wish for, peeps.
Title: Re: Guochuan Lai
Post by: garry on February 20, 2015, 06:58:17 PM
Interesting to read through the list of owners, their assets, and their sources of wealth:

http://en.wikipedia.org/wiki/List_of_English_football_club_owners
Title: Re: Guochuan Lai
Post by: charliemike on February 20, 2015, 07:20:31 PM
People who call themselves fans have poor memories . We spent years out of the top flight just dreaming of being there . This club of ours isn't a man city Liverpool arsenal etc . Our peak crowds are 27 k . We are mixing it with the big boys . I don't want a dodgie owner . Think blues wolves Coventry Portsmouth and so on . And btw the club has been up for sale for years , I don't see a queue of buyers waiting outside . The reason is we are run properly and if the chairman makes a few bob that his business . As long has we compete on the pitch and stay in the premier I hope he is here for years .
Title: Re: Guochuan Lai
Post by: Black Country Pride on February 20, 2015, 07:50:36 PM
People who call themselves fans have poor memories . We spent years out of the top flight just dreaming of being there . This club of ours isn't a man city Liverpool arsenal etc . Our peak crowds are 27 k . We are mixing it with the big boys . I don't want a dodgie owner . Think blues wolves Coventry Portsmouth and so on . And btw the club has been up for sale for years , I don't see a queue of buyers waiting outside . The reason is we are run properly and if the chairman makes a few bob that his business . As long has we compete on the pitch and stay in the premier I hope he is here for years .

Totally agree with you. There is much that irritates me about Jeremy Peace. He is stubborn and through a lack of communication has unnecessarily alienated fans. I think at times he has shown a lack of ambition (others will disagree but I for one think we should expand the stadium - we could and should be pulling crowds of 30k). However, he was done an awful amount that is good for this club and deserves a lot of credit (the latest being appointing TP - a fantastic decision). I would not swap him!
Title: Re: Guochuan Lai
Post by: throstle on February 20, 2015, 08:17:49 PM
The big news in this announcement is that JP has increased his shareholding to 88.8% (he only had 77.3% after the tender offer ended last July, so somebody/bodies has recently him a substantial number of shares).

As a result he is now within touching distance of the magic 90% threshold needed to be able to compulsorily purchase the remaining shares.
Title: Re: Guochuan Lai
Post by: kirk on February 20, 2015, 08:44:06 PM
People who call themselves fans have poor memories . We spent years out of the top flight just dreaming of being there . This club of ours isn't a man city Liverpool arsenal etc . Our peak crowds are 27 k . We are mixing it with the big boys . I don't want a dodgie owner . Think blues wolves Coventry Portsmouth and so on . And btw the club has been up for sale for years , I don't see a queue of buyers waiting outside . The reason is we are run properly and if the chairman makes a few bob that his business . As long has we compete on the pitch and stay in the premier I hope he is here for years .

I believe Thompson was the chairman/owner when we went up. JP has already made many millions from the club treating them so called share holding fans with contempt. My wish would be for the club to be run in the way Swansea are but alas they are the only ones in the prem set up like that.
Title: Re: Guochuan Lai
Post by: charliemike on February 20, 2015, 09:40:58 PM
I have no doubt old jeremy is. One shrewd cookie . To make mega bucks you have to be tough . My point is that you could have far worse than jeremy . One thing we do know is that we will still have a club , next week , next year etc etc . To my list of comparisons I forget a very big club , Glasgow rangers  .He ain't perfect but we could have much worse .
Title: Re: Guochuan Lai
Post by: Standaman on February 21, 2015, 01:30:29 PM
Interesting to note that the talks between investors and Swansea mentioned earlier in the thread have come to nothing and having done a bit of digging it has been suggested by not completely uninformed sources that the valuation that was discussed was something in the region of £100m. Obviously the deal is not going to happen whether the price put the potential buyers off or there were other issues I don't know but it is an interesting benchmark. 
Title: Re: Guochuan Lai
Post by: overseas baggie on February 21, 2015, 01:34:43 PM
Interesting to note that the talks between investors and Swansea mentioned earlier in the thread have come to nothing and having done a bit of digging it has been suggested by not completely uninformed sources that the valuation that was discussed was something in the region of £100m. Obviously the deal is not going to happen whether the price put the potential buyers off or there were other issues I don't know but it is an interesting benchmark.

They were seemingly only looking at buying a 30% stake! not a controlling interest, which tends to result in more room to disagree over the share value.
Title: Re: Guochuan Lai
Post by: Standaman on February 21, 2015, 01:54:36 PM
They were seemingly only looking at buying a 30% stake! not a controlling interest, which tends to result in more room to disagree over the share value.

Agreed there is the added complication of the Swansea Supporters Trust who own 21% of the club and actually have first refusal on any share that is sold (not that they have the resources to buy them at the moment), there are other issues in that they don't own the stadium and one of the reasons why they are looking for external investment is they have aspirations to acquire it, which might not be a priority for the new investors. There are all sorts of reasons why a deal would not happen 
Title: Re: Guochuan Lai
Post by: Albionic on February 21, 2015, 02:27:11 PM
I have wondered if a fans trust might be an option at the Albion.

Accepting there is no mega rich baggie out there and the average fans ability to contribute significantly is negligable, perhaps a long term operation is the way forward.

The Trust would be formed with one objective only, which is to accumulate funds over an extended period and buy shares as funds permit. Ok it would be a long term objective and would start from an exceedingly low base, however everything has to start somewhere. With upto 30k "shareholders / members" there should be lots of ideas for funding streams, participation.

Could this be an initiative for the Independent Albion supporters trust?

I imagine the chairman would be hostile to this sort of thing, however as much as I admire what he has done to date, he represents a risk, if he cannot find a buyer / investor will he start to pull away his funds and leave the club weakened?

We need to start planning for this risk IMO.

Title: Re: Guochuan Lai
Post by: Adamstv on February 21, 2015, 02:36:13 PM
The reason is we are run properly and if the chairman makes a few bob that his business . As long has we compete on the pitch and stay in the premier I hope he is here for years .

I echo this. Might not agree with or like everything he has done and in business as in life you will always get different views but he has, I believe, WBA at heart. it is his business and if he takes a large income that is his prerogative. All I hope is that if he does find a buyer, which I think he will struggle to do,  it is to a buyer who will look to take the club to the next level, whatever that level is!!!
Title: Re: Guochuan Lai
Post by: Standaman on February 21, 2015, 02:53:46 PM
Much as I like the idea of an Albion Supporters trust owning a significant stake in the club unfortunately supporters never get their hands on successful clubs. Swansea were virtually going to wall when the supporters picked up their stake and the same with Portsmouth.

It is a massive effort to organise and launch and while the club is not about to die it is very difficult to galvanise fans to back this sort of project. 
Title: Re: Guochuan Lai
Post by: stoxman on February 21, 2015, 05:12:34 PM
It will make my season when Peace finally sells up, all he has even wanted was to cash in his shares and move on. I will happily risk losing him, as I am positive that we could find a real Albion man to look after the club.

Peace an Albion supporter, I don't think so.

My worry though, even though he would never admit it, is that he will sell out to whoever offers the most cash.

Unfortunately, he will never find anyone to offer the kings ransom that he wants.

Sir Jack Haywood he isn't.....


Much as I can appreciate your desire for a proper baggie to take over at Albion, I would suggest that probability is against it. As I have mentioned previously, it is very very very hard to sell big sporting assets, even to people who can unquestionably afford them.  When you then tell the broker that they have to narrow down their universe to just Albion fans it becomes so much harder still.  It would be analogous to  asking an estate agent to sell your £10m house for you but then saying that it can only be sold to a buyer with one leg and purple hair.

A few stats might help. I would stress that each of these are probably miles out but the general direction is helpful:

We are looking for someone who:

1. Has the money to buy Albion
2. Has the desire to use that money to buy Albion
3. Is an Albion fan

 1. How many people have the money to buy Albion?  We don't know how much JP wants for the club but most people on here suggest £100m. Let's take that as the correct figure. I would imagine that labaggies doesn't want the new owner to be a highly leveraged investor who will run the business for cash and take whatever they can out of the club. I would imagine they want someone who would be willing to not just spend what the club generates in cash each year (which is roughly what JP has done give or take a £m or two each year). Let's say that we want the new investor to also spend £50m of their own money on improving the team. Ok, we want someone who will spend a total of £150m. If that is the case we don't just need someone with £150m because it is unlikely that anyone will put their entire net worth into a club. Everyone will have their own view of what proportion of their wealth they would commit or risk to the Albion. Let's assume that no-one will invest more than 1/3rd of their wealth. We are therefore looking for someone with a net worth of £450m.  That puts a person at circa 240th richest in the UK according to the Sunday Times Rich List.  The chance of finding a person richer than that in Britain out of 65m people is 0.0004%.

2. Will that person invest their money?  I know a number of multi-millionaires and several billionaires. I know people who have had the chance to buy Blackburn, Grimsby and other teams that I can't mention. They could have bought them without making a noticeable change to their bank balance. Only last week I offered my business partner (who is worth circa £220m) a chance to buy half of a club his father supported for £5m and he laughed at me! Just because we like something and afford it doesn't mean we will buy it. Let's assume that 1/10 people who can afford to buy Albion will actually want to buy it (and I think that is generous).

3. Will that person be an Albion fan?  It's hard to measure how many fans we have. We have a capacity of 26+k and an average attendance of a bit less. If we had a massive cup match at Wembley we would easily take 50k. Let's be generous and say there are 100k Albion fans which would be every adult male in Sandwell. Again I would say this is generous given the number of those who don't like football, follow W*lves etc.  100k people is roughly 0.15% of the people in the UK.

If we multiply 0.0004% x 10% x 0.15% you find the probability that there is someone in the UK who is an Albion fan ready willing and able to throw £150m at Albion. The answer is 0.000000005%. Put another way, that's odds of 173,333,000,000/1.   Put another way those odds are roughly the same as having an accumulator on the new Royal baby being named Wayne (1000/1), alien life being proved (1000/1), UKIP winning the next election (250/1) and Spurs winning the Premier League this year (500/1). Perhaps you could have that bet with £1 and if it comes off, you can buy Albion and still have nearly £100m left to improve the team!

http://www.oddschecker.com/novelty/alien-existence/when-will-alien-life-be-proven
http://www.oddschecker.com/novelty/royal-baby-ii/name-of-baby
http://www.oddschecker.com/football/english/premier-league/winner

Of course there are odd examples that arrive and make a nonsense of the odds. Sir Jack Hayward, Steve Lansdown et al are genuine fans who put a lot of their own money into their own clubs. There MAY be a Albion fan out there with £500m and a willingness to invest. I would question why he hasn't already done so when prices were much lower. Maybe he made his money recently and couldn't have invested before the Premier League, Thompson etc.  Maybe, maybe, maybe.  Very unlikely in my view.

For me, if JP sells then we are facing either a single high net worth individual with no affiliation to our club or an investor.  I would love to imagine a consortium being built from amongst fans but they numbers have become so big that I just can't see how it would be managed.  We would need at least 100 seriously wealthy people (remembering that someone with a mere £1m of net wealth couldn't put £1m in as a lot would be tied up in their house, business, pension etc and wouldn't be liquid).  I seriously doubt that there are enough HNWs in and around Albion to make this happen and if it did happen it would be pretty hard to manage.

On a positive note, great point today!

COYB!


Title: Re: Guochuan Lai
Post by: Brummie Road on February 21, 2015, 06:33:56 PM
Just a quick thank you to "stoxman" for all the interesting and informative posts on this thread, and making all this Corporate business stuff easy(ish) to understand (well, for people like me!).

Title: Re: Guochuan Lai
Post by: stoxman on February 21, 2015, 07:15:25 PM
Just a quick thank you to "stoxman" for all the interesting and informative posts on this thread, and making all this Corporate business stuff easy(ish) to understand (well, for people like me!).

Very welcome. It's still little more than educated guess work but when I charge for advice I dress it up as more than that...
Title: Re: Guochuan Lai
Post by: glosterbaggie on February 21, 2015, 07:36:33 PM
Very welcome. It's still little more than educated guess work but when I charge for advice I dress it up as more than that...
Ditto what BR said very interesting and informative thank you.
Title: Re: Guochuan Lai
Post by: royhan on February 23, 2015, 07:32:23 PM
I have been told by a good source that the proposed investment in Swansea by some American billionaires in return for a 30 per cent stake in the club is likely to fall by the wayside. The Americans, it appears, wanted the option to buy a further 30 per cent stake at a later date - something the Swansea Board and its supporters, who have a 21 per cent stake in the club, would not agree to.
Foreign investors are only interested in what they can make out of clubs. I just hope that if JP does sell then it is to a British consortium with the interests of the club paramount.
Title: Re: Guochuan Lai
Post by: robnewbold on February 24, 2015, 02:40:19 AM
i was quick to slate JP last season and he made mistakes. But overall he has steered the club to stability and we are still in the Premiership, and have been for many years, which given our size is a huge achievement.

He runs a smart set-up, we are cash rich and we are seen as a benchmark  by many mid-table Clubs.
A new owner would be a huge gamble.

A year ago i would have jumped at it......not so sure now.
Title: Re: Guochuan Lai
Post by: The Stroller on February 26, 2015, 12:31:39 PM
If proof were needed that it's vital to find investors and sponsors who a)understand and b) give a crap about football and what it means, here it is:

(https://pbs.twimg.com/media/B-ucg4wWkAA9Sc3.png)

http://www.theguardian.com/football/2015/feb/26/dunkin-donuts-apologises-liverpool-crest-hillsborough-flames (http://www.theguardian.com/football/2015/feb/26/dunkin-donuts-apologises-liverpool-crest-hillsborough-flames)
Title: Re: Guochuan Lai
Post by: Bob on February 26, 2015, 05:35:02 PM
The big news in this announcement is that JP has increased his shareholding to 88.8% (he only had 77.3% after the tender offer ended last July, so somebody/bodies has recently him a substantial number of shares).

As a result he is now within touching distance of the magic 90% threshold needed to be able to compulsorily purchase the remaining shares.

As I mentioned earlier in the thread, Tony Hale has recently sold his 100+ shares to JP
Title: Re: Guochuan Lai
Post by: AlbionFan on February 26, 2015, 05:39:29 PM
As I mentioned earlier in the thread, Tony Hale has recently sold his 100+ shares to JP

I think it was Geoff Hale and it was 1001 shares :)
Title: Re: Guochuan Lai
Post by: tylerm on February 26, 2015, 05:44:57 PM
Tony Hale was a former chairman
Title: Re: Guochuan Lai
Post by: Bob on February 27, 2015, 03:55:10 PM
Apologies, yes, it was Geoff Hale who sold just over 1000 shares.
Title: Re: Guochuan Lai
Post by: mifos on March 13, 2015, 10:19:21 AM
http://www.bbc.co.uk/news/business-31838296 (http://www.bbc.co.uk/news/business-31838296)

I wonder If Mr Peace has his number ; he seems to have enough money ... not sure I like the thought though, quite proud of the fact that whatever we achieve it has been without the help of a rich benefactor.
Title: Re: Guochuan Lai
Post by: baggiejohn on March 13, 2015, 11:45:05 AM
http://www.bbc.co.uk/news/business-31838296 (http://www.bbc.co.uk/news/business-31838296)

I wonder If Mr Peace has his number ; he seems to have enough money ... not sure I like the thought though, quite proud of the fact that whatever we achieve it has been without the help of a rich benefactor.

Not sure that Sunseeker yachts & West Bromwich Albion are that good a fit, but he's definitely the type of investor we need.
Title: Re: Guochuan Lai
Post by: Albionic on March 13, 2015, 01:59:56 PM
Nah, we are more hoseasons than sunseeker

"sailboats, canalboats and cruisers too"
Title: Re: Guochuan Lai
Post by: overseas baggie on March 14, 2015, 10:38:48 PM
http://www.theguardian.com/football/2015/mar/13/crystal-palace-takeover-nearing-completion-josh-harris

£90m for Palace (for an 85% stake)

I haven't got the info to do a direct comparison but a similar sized club, albeit Palace have more debt and usually make losses before transfer sales
Title: Re: Guochuan Lai
Post by: OldburyWBA on March 29, 2015, 12:15:21 PM
From The Sun apparantely (thought The Sun had packed in ? )
(https://scontent-lhr.xx.fbcdn.net/hphotos-xfp1/v/t1.0-9/10367787_1096107173748840_9132850435107275116_n.jpg?oh=183e257dfbfa0dd49590b2a495e392c7&oe=5574F7A6)
Title: Re: Guochuan Lai
Post by: Black Country Pride on March 29, 2015, 12:41:44 PM
http://www.theguardian.com/football/2015/mar/13/crystal-palace-takeover-nearing-completion-josh-harris

£90m for Palace (for an 85% stake)

I haven't got the info to do a direct comparison but a similar sized club, albeit Palace have more debt and usually make losses before transfer sales

Palace nowhere near as bigger club as the Baggies.
Title: Re: Guochuan Lai
Post by: stokelad84 on March 29, 2015, 12:44:42 PM
£120million sounds about right to me. Aston Villa (larger stadium and more established infrastructure?) are close to agreeing a £150million deal according to The Mirror:

http://www.mirror.co.uk/sport/football/news/aston-villa-sale-uk-based-group-5419185

Sticking with Pulis and his staff shows they have some knowledge of English football too. It would be easy for the new owner(s) to come in and want a Gus Poyet or a Paolo Di Canio at the helm. Backing Pulis shows me they want stability and continuity which will be good for your club. Money spent removing the current coaching staff and hiring a new team would leave less money in the transfer budget.
Title: Re: Guochuan Lai
Post by: charliemike on March 29, 2015, 01:43:16 PM
I'll believe when I see it
Title: Re: Guochuan Lai
Post by: Dan on March 29, 2015, 02:28:53 PM
I would be concerned if we were sold, at best we'd be getting someone who wants a symbiotic relationship with the club like Peace has, but would they do as well as him? It took him a good few years to learn. At worst you could get an asset stripper come in.

The clubs in a pretty good shape at the moment, instability can only be bad.
Title: Re: Guochuan Lai
Post by: Standaman on March 29, 2015, 06:53:50 PM
Very sceptical about any story in the Sun but the price would be about right. The last few deals talked about i.e. Swansea, Palace and Villa would put a price of around £100 to £150m on a mid to lower table Premier Club and that feels about right.

There are differences in potential and what property the club's own but essentially it boils down to buying a piece of the second biggest sporting  media rights contract in World sports the Americans understand that and hence their interest in English football. What they tend to overlook is relegation and how much of a club's resources have to be deployed to avoid that.

Generally football club's with the possible exception of Blackpool have not been asset stripped they generally fail because of over ambition and incompetence.  In theory new owners could sell off the playing staff and replace with cheaper players banking a short term profit but at the risk of forgoing the future revenue from the Premier League contract.

 Any sane business model has to be based on the very minimum of Premier League survival, in order to be a successful business the club has to attract and retain the players capable of staying in the Division. Any owner paying a £100m for the club would understand this but whether they would have the know how and competence is a different matter all together.

I await developments with interest and a certain amount of trepidation
Title: Re: Guochuan Lai
Post by: overseas baggie on March 29, 2015, 08:18:48 PM
Far more important than the identity of the buyer is the identity of the people who they appoint to actually run the club on a day to day basis. Some foreign buyers of clubs have installed complete clowns, and everything then falls apart.

I would hope that any new buyer insists that Peace stays on for an agreed period.    I think Peace has always said that he would be circumspect about who he sells to, so let's hope he gets it right.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on March 29, 2015, 08:25:19 PM
Hope its not true.

A buyer keeping Peace as chairman would be the best scenario if JP did sell but I like things the way they are.
Title: Re: Guochuan Lai
Post by: kris_boing on March 29, 2015, 08:29:37 PM
Peace wants to go so a sale is inevitable whether soon or years down the line.

He has done a great job, built us up to what we are today but he can't take us any further.

Personally I view a potential sale as a positive.  Under Peace I think that 8th place finish is as good as it gets.  Under a new owner we COULD move onto the next level and for me that's more positive than knowing we WONT.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on March 29, 2015, 08:38:17 PM
Peace wants to go so a sale is inevitable whether soon or years down the line.

He has done a great job, built us up to what we are today but he can't take us any further.

Personally I view a potential sale as a positive.  Under Peace I think that 8th place finish is as good as it gets.  Under a new owner we COULD move onto the next level and for me that's more positive than knowing we WONT.
How do we improve from here while staying in the boundaries of FFP? The investor can't do anything as FFP forbids him/her/them from just pumping money in so we rely on our own revenue sources... which we do already.
Title: Re: Guochuan Lai
Post by: Dudleylad on March 29, 2015, 08:40:48 PM
Im nervous about it because a new owner can also be counter productive but Im confident Peace will make the right decision about the motives of a new owner.
Title: Re: Guochuan Lai
Post by: overseas baggie on March 29, 2015, 09:39:33 PM
How do we improve from here while staying in the boundaries of FFP? The investor can't do anything as FFP forbids him/her/them from just pumping money in so we rely on our own revenue sources... which we do already.

Not correct.  An investor can pump in money but it has to be as capital, not debt, while the total wage bill still needs to remain within the permitted limit as a percentage of revenue.
Title: Re: Guochuan Lai
Post by: Standaman on March 30, 2015, 01:16:37 AM
Not correct.  An investor can pump in money but it has to be as capital, not debt, while the total wage bill still needs to remain within the permitted limit as a percentage of revenue.

The club is possibly subject to three sets of "FFP" regulations and one way or another they absolutely kill the sugar daddy model.

Premier League regulations permit up to £30m  loss if covered by equity investment or £15m if funded by debt. and wage growth funded by TV revenues capped at £4m

UEFA Losses capped at 15m euro's with equity investment or just 5m euros  if covered by debt there are some exceptions such as money spent on Youth development and stadium improvements  but generally they are tougher than the Premier League ones.

Championship £8m loss with equity investment £3m without.

Firstly £30m lavished on any mid table team would hardly take them to the brink of the  Champions League  particularly if it was not backed up by wages. Even if it did the club could find it's path to European competition barred by UEFA ffp.

Secondly if relegated the club would be hamstrung by the Championship regulations which is a fate that awaits QPR.

Whoever is the Albion's new owner is I would not expect them to throw millions at the club in a vainglorious attempt to propel the club towards the upper echelons of the European game, that moment has passed. Man City and PSG were the last of the sugar daddy projects. From now on in it is serious investors with an eye on the bottom line who will be the typical Premier League Club owners.
Title: Re: Guochuan Lai
Post by: overseas baggie on March 30, 2015, 06:46:06 AM
The club is possibly subject to three sets of "FFP" regulations and one way or another they absolutely kill the sugar daddy model.

Premier League regulations permit up to £30m  loss if covered by equity investment or £15m if funded by debt. and wage growth funded by TV revenues capped at £4m

UEFA Losses capped at 15m euro's with equity investment or just 5m euros  if covered by debt there are some exceptions such as money spent on Youth development and stadium improvements  but generally they are tougher than the Premier League ones.

Championship £8m loss with equity investment £3m without.

Firstly £30m lavished on any mid table team would hardly take them to the brink of the  Champions League  particularly if it was not backed up by wages. Even if it did the club could find it's path to European competition barred by UEFA ffp.

Secondly if relegated the club would be hamstrung by the Championship regulations which is a fate that awaits QPR.

Whoever is the Albion's new owner is I would not expect them to throw millions at the club in a vainglorious attempt to propel the club towards the upper echelons of the European game, that moment has passed. Man City and PSG were the last of the sugar daddy projects. From now on in it is serious investors with an eye on the bottom line who will be the typical Premier League Club owners.

Agreed.   There is no point in chasing the dream.  The realistic main objective is to make us less likely to be involved in a relegation battle.
Title: Re: Guochuan Lai
Post by: kris_boing on March 30, 2015, 12:05:34 PM
Agreed.   There is no point in chasing the dream.  The realistic main objective is to make us less likely to be involved in a relegation battle.


Then I have to say how f****** boring is it going to be to be an Albion fan for the foreseeable.
Title: Re: Guochuan Lai
Post by: tuamigos on March 30, 2015, 12:17:04 PM

Then I have to say how f****** boring is it going to be to be an Albion fan for the foreseeable.

They're right. It is what it is I'm afraid.
Look how long the likes of Wigan, Bolton, Fulham, Charlton hung around seeking mid table mediocrity before the owners start reducing the funding.
Unless we can buck the trend best we can hope for is a top half finish and/or a good cup run.
The owners couldn't give a hoot if your bored or not, so long as they get their TV rights money every year thats the ambition for 15 clubs in the Prem every year
Title: Re: Guochuan Lai
Post by: kris_boing on March 30, 2015, 12:21:40 PM
They're right. It is what it is I'm afraid.
Look how long the likes of Wigan, Bolton, Fulham, Charlton hung around seeking mid table mediocrity before the owners start reducing the funding.
Unless we can buck the trend best we can hope for is a top half finish and/or a good cup run.
The owners couldn't give a hoot if your bored or not, so long as they get their TV rights money every year thats the ambition for 15 clubs in the Prem every year


I know - they are spot on.  Its the reason why so many fans are fed up with football.  Boredom of the fans will mean gates will drop.  Fans want enjoyment.
Title: Re: Guochuan Lai
Post by: stokelad84 on March 30, 2015, 12:22:45 PM
That's got to be the realistic goal kris_boing. The gap between the Premier League and The Championship will get larger and larger over the next few seasons. It's best to be the part with the have instead of part of the have not.
Title: Re: Guochuan Lai
Post by: Mister AT on March 30, 2015, 02:13:16 PM
That's got to be the realistic goal kris_boing. The gap between the Premier League and The Championship will get larger and larger over the next few seasons. It's best to be the part with the have instead of part of the have not.

I agree totally.

You only have to look at this season to see that the teams coming up are all likely to go straight back down.

The gap is getting bigger, and the Championship is becoming harder to get out of.

I would prefer to be in the Premier league mid table gang, than in the Championship any day.
Title: Re: Guochuan Lai
Post by: Chipperfan on March 30, 2015, 03:26:41 PM
Can't say the prospect of JP selling makes me happy. Unless he retains some sort of input/control, running the club day to day, the thought of new owners really bothers me. There are just too many examples of clubs going belly up under foreign ownership.

It was always inevitable he would look to sell,  but it's an unwelcome development in my view.

Having said that though, it could work out for us, and let's hope it does.
Title: Re: Guochuan Lai
Post by: Adder on March 30, 2015, 06:23:49 PM
The club is possibly subject to three sets of "FFP" regulations and one way or another they absolutely kill the sugar daddy model.

Premier League regulations permit up to £30m  loss if covered by equity investment or £15m if funded by debt. and wage growth funded by TV revenues capped at £4m

UEFA Losses capped at 15m euro's with equity investment or just 5m euros  if covered by debt there are some exceptions such as money spent on Youth development and stadium improvements  but generally they are tougher than the Premier League ones.

Championship £8m loss with equity investment £3m without.

Firstly £30m lavished on any mid table team would hardly take them to the brink of the  Champions League  particularly if it was not backed up by wages. Even if it did the club could find it's path to European competition barred by UEFA ffp.

Secondly if relegated the club would be hamstrung by the Championship regulations which is a fate that awaits QPR.

Whoever is the Albion's new owner is I would not expect them to throw millions at the club in a vainglorious attempt to propel the club towards the upper echelons of the European game, that moment has passed. Man City and PSG were the last of the sugar daddy projects. From now on in it is serious investors with an eye on the bottom line who will be the typical Premier League Club owners.
Thanks for summing it up. I'm not sure how Cardiff City have managed it but their total debt is now meant to be around £170m ....£130m owed to Vincent Tan who I know has paid off debt owed to previous owners (Sam Hamman).  I guess a fair proportion of that debt would have been from pre FFP.
Title: Re: Guochuan Lai
Post by: Standaman on March 31, 2015, 01:33:02 AM
Cardiff City since 2000 have been owned by Sam Hamman Peter Risdale and Vincent Tann. Between rebrands (Hamman floated the first one) near bankruptcy, the golden ticket fiasco and the farce of their first season in the Premier League the club has now got a debt mountain of £175m which is about £80m more than it's asset value. Given that £129m of the debt falls due within the next 12 months they are technically insolvent although because the debt is owed in large part to the owner I am sure it will be rolled over. Tan has on numerous occasions promised to convert the debt into equity but thus far no cash has been forthcoming.

If an owner turns up with big plans and grandiose visions I will be very concerned and I hope Peace is true to his word and passes the club over to a safe pair of hands.
Title: Re: Guochuan Lai
Post by: royhan on April 04, 2015, 11:08:39 PM
The People is reporting interest is being shown from US and Far East investors in purchasing West Brom with a £150m asking price quoted.
http://www.mirror.co.uk/sport/football/news/west-brom-owner-jeremy-peace-5460946

West Brom owner Jeremy Peace is selling the Black Country club, reports Neil Moxley in the Sunday People.
People Sport understands the Baggies chairman and majority shareholder is well underway with his plans to offload the Premier League outfit.
A few months ago Peace gave authorisation to a firm in the city to find him a buyer – and several interested parties have been shown around the club’s facilities in the past few weeks.
Two groups in particular, one from America, the other from the Far East, have so far shown an interest.
The asking price is in the region of £150million, giving Peace a huge profit on the club he bought for a few million pounds at the turn of the Millennium.
If he can get the price he wants – and Peace is acknowledged within the game as driving a hard bargain – he will have reaped a personal gain in excess of £100million for the 15 years he has been in charge at the Hawthorns.
Peace turned the Baggies from being a near-laughing stock to one of the most professional clubs in the country. They recorded a profit of £10million last season.
The news means that three West Midlands clubs are now on the market: West Brom and Aston Villa in the Premier League and Birmingham in the Championship.
Title: Re: Guochuan Lai
Post by: ComebackStrodds on April 04, 2015, 11:41:16 PM
Cardiff City since 2000 have been owned by Sam Hamman Peter Risdale and Vincent Tann. Between rebrands (Hamman floated the first one) near bankruptcy, the golden ticket fiasco and the farce of their first season in the Premier League the club has now got a debt mountain of £175m which is about £80m more than it's asset value. Given that £129m of the debt falls due within the next 12 months they are technically insolvent although because the debt is owed in large part to the owner I am sure it will be rolled over. Tan has on numerous occasions promised to convert the debt into equity but thus far no cash has been forthcoming.

If an owner turns up with big plans and grandiose visions I will be very concerned and I hope Peace is true to his word and passes the club over to a safe pair of hands.

Yes but all he'll have to go on is a gut feeling, and research. Anyone potential buyer can make the right noises. If it goes belly up in a few years time no one can blame Peace.
Title: Re: Guochuan Lai
Post by: costa blanca baggie on April 05, 2015, 12:24:32 AM
It's the greed league. Who amongst us would turn down that sort of money and not give a damn about the consequences.
Title: Re: Guochuan Lai
Post by: Standaman on April 05, 2015, 08:00:16 AM
It's the greed league. Who amongst us would turn down that sort of money and not give a damn about the consequences.

To be fair to Peace he has always said he would only sell the club to the right owners. While plainly an astute businessman and motivated by personal gain I do think he cares about his legacy and after 15 years it is very much his life's work and I while he will drive a hard bargain he is not exactly on his uppers so price will not be the sole consideration.

Obviously anyone with deep enough pockets can talk the talk and the clowns that took Pompey to their second administration made all the right noises but ultimately were a bunch of fraudsters. However there is plenty of due diligence that can be done and I would  hope that would weed out the wholly unsuitable.
Title: Re: Guochuan Lai
Post by: weareblueweare white on April 05, 2015, 11:05:29 AM
Can't say the prospect of JP selling makes me happy. Unless he retains some sort of input/control, running the club day to day, the thought of new owners really bothers me. There are just too many examples of clubs going belly up under foreign ownership.

It was always inevitable he would look to sell,  but it's an unwelcome development in my view.

Having said that though, it could work out for us, and let's hope it does.
I honestly cannot see a new owner who will be be spending a reputed 150M £'s letting JP have any control. They might have him in an advisory role while taking over, but that's as far as I think any involvement JP will have in the running of the club.
I agree it was always inevitable JP would sell, and with the new TV deal in place the value of the club will be at its peak.
What JP will have a say in is who we sell to, so fingers crossed he gets this right and we don't end up in the hands of a far Eastern hairdresser :-[
Title: Re: Guochuan Lai
Post by: frazzle on April 05, 2015, 11:10:16 AM
Peace has done a brilliant job and I hope the last couple of years hasn't taken the shine off it. We now have an infrastructure and approach that will see us well set up into the future.

The thought of a new owner is a mixture of panic and excitement. We could end up with a bit more cash to invest and explore with a bit more ambition, build on the Halfords and attract some better players, or we could end up in a Leeds fiasco.

Title: Re: Guochuan Lai
Post by: VVVAlbion on April 05, 2015, 11:14:59 AM
The mirror group of papers do like to print inflammatory and usually inaccurate stories about us.

I am not sure when we were a near laughing stock of a club and if we were it would be interesting what their views are on many of the other clubs in the football league were doing at the time. (Although it is nice that they recognise that we are now one of the most professional clubs in the country.)

Title: Re: Guochuan Lai
Post by: koren on April 05, 2015, 11:24:16 AM
http://www.expressandstar.com/sport/2015/04/05/jeremy-peace-in-200m-takeover-talks-for-west-bromwich-albion/ (http://www.expressandstar.com/sport/2015/04/05/jeremy-peace-in-200m-takeover-talks-for-west-bromwich-albion/)

At least one potential group of buyers has been shown around The Hawthorns and the Albion training ground near Walsall with Peace keen to resolve the club’s ownership early this summer.

But no firm offers have yet been made to end his decade-long tenure as majority shareholder.

Businessmen from the Far East and America are among those to have shown an interest with Peace now waiting to discover whether any of them will return with a concrete offer.
Title: Re: Guochuan Lai
Post by: tuamigos on April 05, 2015, 11:25:53 AM
That statement puts a 3 month deadline on any potential offers st that it does not infringe on the Summer transfer market.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on April 05, 2015, 11:56:03 AM
If there is any truth of investor interest and the enticement is the new premiership TV deal from 2016, I would imagine that no decision will be made until it is clear that our Premiership status is guaranteed which after yesterday and the final run-in has put a question mark over that.
Title: Re: Guochuan Lai
Post by: overseas baggie on April 05, 2015, 11:57:12 AM
If there is any truth of investor interest and the enticement is the new premiership TV deal from 2016, I would imagine that no decision will be made until it is clear that our Premiership status is guaranteed which after yesterday and the final run-in has put a question mark over that.

I agree.  3 points yesterday and the negotiations could already be a lot further advanced!
Title: Re: Guochuan Lai
Post by: BB74 on April 05, 2015, 12:10:59 PM
I must admit I am very worried at this weekends revelations.

Better the devil you know IMO.
Title: Re: Guochuan Lai
Post by: Standaman on April 05, 2015, 01:20:41 PM
I this time unlike the earlier attempt to look for buyers I think there is genuine interest from overseas bidders. I think there are a number of reasons

1. The new TV deal makes the top line of the business look very attractive.

 2. We are more established in the Premier League (investors make the same mistake as fans and assume longevity is the same as security)

3. The club could be run at a profit without doing anything to it other than maintaining it's Premier League status.

Ideally we do not want a long drawn out bidding process and if as suggested a deadline of early summer has been set for completion of any deal that would be beneficial
Title: Re: Guochuan Lai
Post by: alex1 on April 05, 2015, 01:38:48 PM
I think this is bad news. New owners from America or the Far East will almost certainly be people with zero understanding of our football culture, national, never mind Black Country culture.  Such situations as wanting to re-name the club, changing the club colours are far more likely.

Unfortunately, WBA will probably just be a line on a balance sheet, nothing more, nothing less. Of course a profitable club is more likely to be successful on the playing field, but being a supporter means being able to identify with the club through thick and thin. That means understanding the club culture. As a supporter I want success on the playing field, but I want our teams to play attacking entertaining football.

In practice, it would depend on who new owners would appoint as technical director, who in turn would be able to advise on the footballing side. However, the people at the top carry the can, and if they have nowt understanding of the game, can they be relied upon to appoint knowledgeable people around them??

Give me Jeremy Peace any time.   
Title: Re: Guochuan Lai
Post by: kris_boing on April 05, 2015, 02:20:18 PM
The thing is though how has Jeremy Peace kept with the traditions is the club? He has created a new badge, neutralized the stadium by creating the west stand and east stand, removed the seat designs and not replacing them. Apart from re-naming the stadium which I'm sure he would have done given half the chance, he's pretty much re-branded the club anyway.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on April 05, 2015, 02:28:24 PM
The thing is though how has Jeremy Peace kept with the traditions is the club? He has created a new badge, neutralized the stadium by creating the west stand and east stand, removed the seat designs and not replacing them. Apart from re-naming the stadium which I'm sure he would have done given half the chance, he's pretty much re-branded the club anyway.
This is the only one I could comment on but wasn't it changes in order to be covered by copyright? It's hardly a massive change from the previous incarnation, unlike the WBA letters or the original crest.
Title: Re: Guochuan Lai
Post by: Ska-dForLife-WBA on April 05, 2015, 02:39:34 PM
The thing is though how has Jeremy Peace kept with the traditions is the club? He has created a new badge, neutralized the stadium by creating the west stand and east stand, removed the seat designs and not replacing them. Apart from re-naming the stadium which I'm sure he would have done given half the chance, he's pretty much re-branded the club anyway.

Um...what?  The East Stand was "created" while Thompson was in charge, and the West has been there since the early Eighties.  I suppose the seat designs are a matter of taste - personally I'd prefer no seats at all, but sadly that's not possible - but the designs were hardly some time-honoured tradition handed down from generation to generation.

And as for renaming the stadium... well, Peace has only had thirteen years in charge and a world full of potential sponsors to choose from, so obviously there's been no chance for him to do it, has there?  ::)
Title: Re: Guochuan Lai
Post by: frazzle on April 05, 2015, 02:48:39 PM
The thing is though how has Jeremy Peace kept with the traditions is the club? He has created a new badge, neutralized the stadium by creating the west stand and east stand, removed the seat designs and not replacing them. Apart from re-naming the stadium which I'm sure he would have done given half the chance, he's pretty much re-branded the club anyway.

Getting rid of that awful scalf in the Brummie was a good thing imo.
Title: Re: Guochuan Lai
Post by: PepeMel on April 05, 2015, 02:52:33 PM
It's time to gamble it's time for a change
Title: Re: Guochuan Lai
Post by: kris_boing on April 05, 2015, 06:38:35 PM
Um...what?  The East Stand was "created" while Thompson was in charge, and the West has been there since the early Eighties.


I meant re-branded.  Rainbow Stand is now East Stand (although I'll conceded that it was done under Thompson) and Halfords Lane Stand is now West Stand.  Surprised he didnt go the whole way and rename the Brummie as the North Stand and the Smethwick as the South Stand.  No doubt he would have done if they had been redeveloped.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on April 05, 2015, 06:55:03 PM
We all appreciate that Jeremy Peace has taken us as far as he can but there seems great fear about us moving on from him.

There is going to come a point where Jeremy Peace is going to leave - he is actively looking to sell so I say we just crack on and see what the future holds. Personally, I'm looking forward to potential new investment and the excitement that will bring.
Title: Re: Guochuan Lai
Post by: kris_boing on April 05, 2015, 07:01:42 PM
We all appreciate that Jeremy Peace has taken us as far as he can but there seems great fear about us moving on from him.

There is going to come a point where Jeremy Peace is going to leave - he is actively looking to sell so I say we just crack on and see what the future holds. Personally, I'm looking forward to potential new investment and the excitement that will bring.


And me.  Well said.  I think its exciting.  It could go pear shaped but it could move us onto the next level and that's the way I prefer to think.  Really looking forward to this summer providing we stay up.
Title: Re: Guochuan Lai
Post by: Ska-dForLife-WBA on April 05, 2015, 07:04:54 PM

I meant re-branded.  Rainbow Stand is now East Stand (although I'll conceded that it was done under Thompson) and Halfords Lane Stand is now West Stand.  Surprised he didnt go the whole way and rename the Brummie as the North Stand and the Smethwick as the South Stand.  No doubt he would have done if they had been redeveloped.

As a matter of fact, when the current all-seater BRE and SME stands were rebuilt in 1994, the club officially re-named them "the Apollo 2000 Stand" and "the Travel West Midlands Community Stand" respectively due to a sponsorship deal which eventually expired in 2004.  Jeremy Peace could have renewed that deal or sought new sponsorship for the stands, but instead allowed them to revert to being the Brummie Road and the Smethwick End (as us fans had continued to refer to them anyway).  So personally, I think that's a big thumbs-up to the bloke for restoring a bit of Albion heritage.

The only "re-branding" you can legitimately lay at Peace's door is the Halfords Lane to West Stand name-change, and even now, most folks I know still call it the Halfords; it's no skin off our nose, and no particular bother what the club officially designate it.  Hardly Vincent Tan territory, is it?
Title: Re: Guochuan Lai
Post by: BB74 on April 05, 2015, 07:17:04 PM
Ska, If i remember correctly the Halfords was called the 'brew xi' stand at one point aswell. So no further sponsorship there either.
Title: Re: Guochuan Lai
Post by: Ska-dForLife-WBA on April 05, 2015, 07:34:19 PM
Ska, If i remember correctly the Halfords was called the 'brew xi' stand at one point aswell. So no further sponsorship there either.

Yeah, that's true; we actually went a lot more hell-for-leather with sponsorship in the Nineties than we've ever done under Peace, but I suppose a lot of that was just needing every penny we could scrape together.

Also, for the record, the Rainbow Stand was just a nickname fans came up with in the Sixties because of the brightly-painted seats in its upper rows.  The official club name for that stand between its construction in 1964 and its demolition in 2001 was, in fact, "the East Stand". How's that for heritage?  ;D

Back on-topic, I think there's plenty to be naturally concerned about with the prospect of new owners, but hopefully Peace is shrewd enough to know a good buyer from a crook.  Fingers crossed.
Title: Re: Guochuan Lai
Post by: 17GD on April 07, 2015, 12:07:47 PM
http://www.bbc.co.uk/sport/0/football/32202895

Interesting read posted this morning.
Title: Re: Guochuan Lai
Post by: Yamaka on April 07, 2015, 02:58:08 PM
Back on-topic, I think there's plenty to be naturally concerned about with the prospect of new owners, but hopefully Peace is shrewd enough to know a good buyer from a crook.  Fingers crossed.

Just as there is a world of a difference between a coach and a manager, there's a massive difference between an owner and an investor. The USA in particular have a long and proud tradition of asset stripping.  Surely we want someone who will invest in the club rather than in their own portfolio?
Title: Re: Guochuan Lai
Post by: Aixelsyd on April 07, 2015, 11:55:45 PM
http://www.bbc.co.uk/sport/0/football/32202895

Interesting read posted this morning.

actually that is interesting.....

My take on it is that JP does not want to damage the brand by saying "no realistic buyer is on the horizon".

Instead we get the "Peace is keen that the process does not drag on" statement so as to save face if nothing eventuates.

This has happened before when he was after investors and similar quotes were made to cover up the lack of interest.
Title: Re: Guochuan Lai
Post by: Jimbo Baggy on April 09, 2015, 07:26:52 PM
Aixelsyd what are you on about, its been clearly stated in the Press that a group have already been shown round the ground, and training facility’s. Think this is a clear sign that Peace is talking to groups interested in taking over. Five groups I have heard.

Im all for it, as long as its sold to the right people, who are going to invest in the team and ground. Exciting times if we are sold to the right people. ::)  ;D
Title: Re: Guochuan Lai
Post by: WBArgo on April 09, 2015, 08:47:57 PM
Just looking locally here, is this actually a good thing if we were to sell?
I mean Villa went to a US owner, who has taken them backwards from Doug Ellis, Birmingham's new owners have been disastrous and even Morgan whose heart is in the right place at Wolves took them down to league one and still hasn't recovered from when he took them over.

In fact, has there been a tale in the past 5-10 years where new owners have actually benefited a club? I know Man City and Chelsea have profited massively, but away from a billionaires play-thing, do these sales actually advance a club or am I being too pessimistic?
Title: Re: Guochuan Lai
Post by: FallOutBoy on April 09, 2015, 09:35:11 PM
Just looking locally here, is this actually a good thing if we were to sell?
I mean Villa went to a US owner, who has taken them backwards from Doug Ellis, Birmingham's new owners have been disastrous and even Morgan whose heart is in the right place at Wolves took them down to league one and still hasn't recovered from when he took them over.

In fact, has there been a tale in the past 5-10 years where new owners have actually benefited a club? I know Man City and Chelsea have profited massively, but away from a billionaires play-thing, do these sales actually advance a club or am I being too pessimistic?

Southampton could be said to be in a better position now since their takeover. Likewise Swansea saw new ownership years ago, and a long-term plan has reached fruition. For all the mistakes Fernandes and co have made at QPR, I doubt they would be a Premier League club at all without them.

There are cases where new owners have proved successful after coming in. It's just that in most cases, the club is a basket case beforehand.
Title: Re: Guochuan Lai
Post by: Standaman on April 09, 2015, 11:17:10 PM
I wrote this last year and I still think it holds true.

http://lookbackinmildbewilderment.blogspot.co.uk/2014_02_01_archive.html

Ultimately I do think Peace's tenure has run it's course and a new ownership might help the club develop but there is not a snowball in hells chance that the new ownership will throw millions at the club that moment has passed. It always amuses me that fans talk about investment but in general the quickest way to make a small fortune in football is start with a large one and buy a football club.


 
Title: Re: Guochuan Lai
Post by: WBArgo on April 09, 2015, 11:37:12 PM
Southampton could be said to be in a better position now since their takeover. Likewise Swansea saw new ownership years ago, and a long-term plan has reached fruition. For all the mistakes Fernandes and co have made at QPR, I doubt they would be a Premier League club at all without them.

There are cases where new owners have proved successful after coming in. It's just that in most cases, the club is a basket case beforehand.
I agree regarding Southampton, and arguably Leicester improved under their new ownership. However, I think Swansea was more of a local setup similar to what Peace did with us. I was specifically on about foreign owners who aren't local and will have less of an emotional commitment.
Regarding QPR however, they're in a far worse financial position since Fernandes however. I know they weren't great anyway and they had lots of debt/facing league one, but since Fernandes the debt has increased massively.
Title: Re: Guochuan Lai
Post by: darbolina on April 09, 2015, 11:43:15 PM
Good blog standaman. I agree a fans trust but with simpler , clearer leadership than we had in the 90s would be ideal to ensure longer term stability if not necessarily investment? This works very well in Germany so why not here?
Title: Re: Guochuan Lai
Post by: SmethDan on April 10, 2015, 10:55:58 AM
I wrote this last year and I still think it holds true.
http://lookbackinmildbewilderment.blogspot.co.uk/2014_02_01_archive.html

I've often wondered what your Avatar was.........a goldfish.

Thought it was a bloody UFO!  :o.

Should have gone to Spec Savers.
 :P.
Title: Re: Guochuan Lai
Post by: Adder on April 10, 2015, 12:44:01 PM
I agree regarding Southampton, and arguably Leicester improved under their new ownership. However, I think Swansea was more of a local setup similar to what Peace did with us. I was specifically on about foreign owners who aren't local and will have less of an emotional commitment.
Regarding QPR however, they're in a far worse financial position since Fernandes however. I know they weren't great anyway and they had lots of debt/facing league one, but since Fernandes the debt has increased massively.
Yes Swansea currently is a local setup, though they are in talks with American investors at the moment - not sure whether Huw Jenkins will remain as Chairman if anything comes of that.
Title: Re: Guochuan Lai
Post by: SmethDan on April 10, 2015, 01:10:04 PM
I've often wondered what your Avatar was.........a goldfish.

Thought it was a bloody UFO!  :o.

Should have gone to Spec Savers.
 :P.

Just looked at it again.
Playing cards......getting mixed up with your blog avatar.
Need to take some of my own advice from the election thread.....
Time to go outside I think.  :).

https://www.youtube.com/watch?v=xtvPlFty1rE (https://www.youtube.com/watch?v=xtvPlFty1rE)
Title: Re: Guochuan Lai
Post by: Blowee on April 11, 2015, 08:14:25 PM
JP must be starting to worry about his £150 million - we'll only be worth a fraction of that if we get relegated!
Title: Re: Guochuan Lai
Post by: robnewbold on April 11, 2015, 08:56:41 PM
Dear Jeremy,
After deep soul searching and watching the S***e performance of your pin striped Nancy boys over the last two weeks I am afraid to say that our consortium has decided to withdraw it's offer to buy the Club for 150,000.000. However we would be prepared to reconsider our bid and suggest that 250 quid would be more appropriate for the bunch of monkeys that performed today.
Yours sincerely
Abu Ben Bongo
Title: Re: Guochuan Lai
Post by: koren on April 19, 2015, 06:40:01 PM
We are nearly safe now, I think the negotiation process will be speeded up.
Title: Re: Guochuan Lai
Post by: CovBaggie on April 20, 2015, 04:11:19 PM
It's no secret brokers have been shown around the club, training ground etc for potential suitors. Question now is, where the investment lies. At the moment, it's within the Far East.
Title: Re: Guochuan Lai
Post by: koren on April 20, 2015, 04:19:36 PM
It's no secret brokers have been shown around the club, training ground etc for potential suitors. Question now is, where the investment lies. At the moment, it's within the Far East.

No chinese investor please, don't think they will have a clear planning for the club, they just see the club as a toy.
Title: Re: Guochuan Lai
Post by: royhan on April 20, 2015, 04:22:57 PM
Nobody from Malaysia either if Cardiff's Vincent Tan is anything to go by. >:(
Title: Re: Guochuan Lai
Post by: baggie82 on April 20, 2015, 04:45:33 PM
I'd be very surprised if a sale goes ahead this summer. We need a buyer who is willing to give Peace £150m, and then invest in the club on-top. Given that he bought the club for a circa 4-6m (apparently using a loan which the club then paid back of the years) and has been paying himself a generous salary he is taking the micky. No chance of a Jack Hayward style giveaway I guess. He may be a fan but he's a business man first and fan second.

Why would anyone want to invest for £150-200m? Even with the new TV deal there is little money to be made as it's all going to go on the playing side and greed league wages. Alternatively if there is any money to be made then that's to the detriment of the club and the fans.  Real tension here between the likely profit motives of any outside consortium and the future of the club.

I suspect that anyone investing £200m odd is either going to try to push the debt onto the club via dodgy loans (which would be a disaster for us and a disgrace. We are not Man Utd, we cannot afford a Glazer style debt dump being laid at our door) or is going to want to take money back from the future revenue - which wouldn't appear likely either unless an asset stripping process gets underway.

From a business perspective there appears to be no real incentive. We also need to be careful with getting carried out with the press stories of groups being shown around the facilities. There are lots of dodgy people around who claim to have access to large wealth but in fact are no more than con-artists. Just like what happened down the road with Birmingham.

Peace has done a professional and impressive job in many ways but if he sells to random consortium who then abuse what has been built up then he will be the one responsible.

To re-cap we need an investor who will:

-Invest at least £200m to invest in the club from day one and have access to more dough
-Have no interest in recouping that investment, or trying to make a profit
-Run the club for the long term interest (i.e. no debt, stability, back Pulis long term)

So essentially we need a Steve Gibson type billionaire - there is no chance of this working out.

Best case scenario we are probably stuck with Peace which would be no bad thing - just wish he'd show some ambition to expand the stadium and lower the match day ticket price (not season ticket prices).
Title: Re: Guochuan Lai
Post by: AlbionFan on April 20, 2015, 04:48:59 PM
What is a recurring nightmare scenario for me is the prospect of a buyer who has no understanding of football, tradition, fans and our history and is persuaded by some smooth talking consultant, maybe a once high profile ex player or administrator, who claims to know everything there is to know about football in general and West Bromwich Albion specifically.

This consultant then recommends Mr X as the ideal manager, who becomes an "Aunt Sally" because he's not up to the job and we face oblivion.

Even the most intelligent and intellectual of men sometimes demonstrate a lack of commonsense and can be fooled.

I hope JP stays on as Chairman for a reasonable period of time when and if he sells.
Title: Re: Guochuan Lai
Post by: hardtobeat on April 20, 2015, 08:08:52 PM
http://www.bbc.co.uk/sport/0/football/32202895

Interesting read posted this morning.
The article is a fortnight old ?
Title: Re: Guochuan Lai
Post by: Sessegod on April 20, 2015, 08:11:36 PM
Hull and Cardiff are prime examples of why we need to be careful here.
Title: Re: Guochuan Lai
Post by: Standaman on April 20, 2015, 10:31:01 PM
I'd be very surprised if a sale goes ahead this summer. We need a buyer who is willing to give Peace £150m, and then invest in the club on-top. Given that he bought the club for a circa 4-6m (apparently using a loan which the club then paid back of the years) and has been paying himself a generous salary he is taking the micky. No chance of a Jack Hayward style giveaway I guess. He may be a fan but he's a business man first and fan second.

Why would anyone want to invest for £150-200m? Even with the new TV deal there is little money to be made as it's all going to go on the playing side and greed league wages. Alternatively if there is any money to be made then that's to the detriment of the club and the fans.  Real tension here between the likely profit motives of any outside consortium and the future of the club.

I suspect that anyone investing £200m odd is either going to try to push the debt onto the club via dodgy loans (which would be a disaster for us and a disgrace. We are not Man Utd, we cannot afford a Glazer style debt dump being laid at our door) or is going to want to take money back from the future revenue - which wouldn't appear likely either unless an asset stripping process gets underway.

From a business perspective there appears to be no real incentive. We also need to be careful with getting carried out with the press stories of groups being shown around the facilities. There are lots of dodgy people around who claim to have access to large wealth but in fact are no more than con-artists. Just like what happened down the road with Birmingham.

Peace has done a professional and impressive job in many ways but if he sells to random consortium who then abuse what has been built up then he will be the one responsible.

To re-cap we need an investor who will:

-Invest at least £200m to invest in the club from day one and have access to more dough
-Have no interest in recouping that investment, or trying to make a profit
-Run the club for the long term interest (i.e. no debt, stability, back Pulis long term)

So essentially we need a Steve Gibson type billionaire - there is no chance of this working out.

Best case scenario we are probably stuck with Peace which would be no bad thing - just wish he'd show some ambition to expand the stadium and lower the match day ticket price (not season ticket prices).

It is important to distinguish between an investor and a benefactor. An investor gives money to a project in the hope and expectation of a return whereas a benefactor gives money out civic duty, ego or to curry political influence. Too often football fans confuse the two and assume that the former is always preferable to the latter.

A good investor (Peace Fenway or  Lewis) is preferable to a bad benefactor (Alam, Tan or Jordan). A good investor understands what they are buying and nurtures it, yes the decision making is informed by the profit motive but as such they do not waste resources for show.

 On the other hand the benefactor model is often lavish in it's expenditure but not in anyway shape or form rational and often club's are engulfed by crisis's entirely created by the benefactors ego and amateurish dabbling. A lot of the money is wasted and the net effect is probably negative.

It is probably worth noting that the Tan and Alam have poured millions into Cardiff and Hull who were in desperate financial straits without there intervention their supporters would be lucky to watching their teams in Division 2. That alone gives the owners a certain sense of entitlement to try out whatever crackpot schemes they dream up.

Peace is selling a strong club that can stand on it's own two feet without the need to find funds from anywhere to keep going. There is no need for the new owners to go to their pocket to bankroll the club if they wish to invest in projects that generate growth in the expectation of a return that is their choice. Hopefully a quality asset will attract a quality investor.
Title: Re: Guochuan Lai
Post by: HampshireBaggie on April 20, 2015, 10:43:34 PM
The article is a fortnight old ?

He posted the link a fortnight ago ;)
Title: Re: Guochuan Lai
Post by: Standaman on April 20, 2015, 11:06:42 PM
http://www.mirror.co.uk/sport/football/news/aston-villa-takeover-chinese-consortium-5555974

Aston Villa are being targeted by a wealthy Chinese consortium who want to complete a takeover immediately after the FA Cup final.

Tim Sherwood’s side stunned Liverpool on Sunday to set up a showdown against Arsenal on May 30.

And Villa could lift the Cup then be in new hands within hours as the Chinese are determined to buy a Premier League club.

The group have also held talks with neighbouring West Brom as a back-up plan as the move for Villa would depend on them avoiding relegation.

MirrorSport understands the consortium already have representatives in England and are doing due diligence ahead of completing a Villa deal in early June.

   
They have been at the training ground and toured the club as wantaway owner Randy Lerner is willing to sell for around £150million.

But four miles away, Baggies chairman Jeremy Peace has also put his club up for sale - and the same Chinese group are interested in Albion as an alternative.

Peace, who has shown the group around their stadium and facilities, is holding out for upwards of £100m.

Villa, whose sale is being handled by Bank of America Merrill Lynch, has more potential with its top stadium, training ground and bigger fanbase, but is also more expensive.

Albion, meanwhile, recently posted annual financial results showing pre-tax profits of £14.7m on an income of £86.8m.

Peace is believed to have impressed the group with his financially prudent methods such as having all staff on flex-down contracts should the club be relegated.

But Albion have an ageing squad and boss Tony Pulis wants major investment in the new younger players this summer to avoid another relegation battle.

The Chinese consortium are thought to be the only serious bidders in for both Villa and West Brom.

But they have also apparently enquired after Crystal Palace, valued at around £90m, following a hitch in talks with US businessman Josh Harris’ Apollo Global Management group.

A deal was progressing but Eagles owner Steve Parish is believed to have raised the terms recently when they started flying under new boss Alan Pardew.


Far East sources say the Chinese group have been after a Premier League club for a year and are now hopeful of finalising a deal.

If successful, they plan to strategically raise revenues in China by growing the brand to reinvest in the club in line with Financial Fair Play.


The above is from James Nursey who is  about as reliable as an Austin Allegro so make of it what you will. 
Title: Re: Guochuan Lai
Post by: seteefeet on April 21, 2015, 12:00:01 PM
http://www.mirror.co.uk/sport/football/news/aston-villa-takeover-chinese-consortium-5555974

Aston Villa are being targeted by a wealthy Chinese consortium who want to complete a takeover immediately after the FA Cup final.

Tim Sherwood’s side stunned Liverpool on Sunday to set up a showdown against Arsenal on May 30.

And Villa could lift the Cup then be in new hands within hours as the Chinese are determined to buy a Premier League club.

The group have also held talks with neighbouring West Brom as a back-up plan as the move for Villa would depend on them avoiding relegation.

MirrorSport understands the consortium already have representatives in England and are doing due diligence ahead of completing a Villa deal in early June.

   
They have been at the training ground and toured the club as wantaway owner Randy Lerner is willing to sell for around £150million.

But four miles away, Baggies chairman Jeremy Peace has also put his club up for sale - and the same Chinese group are interested in Albion as an alternative.

Peace, who has shown the group around their stadium and facilities, is holding out for upwards of £100m.

Villa, whose sale is being handled by Bank of America Merrill Lynch, has more potential with its top stadium, training ground and bigger fanbase, but is also more expensive.

Albion, meanwhile, recently posted annual financial results showing pre-tax profits of £14.7m on an income of £86.8m.

Peace is believed to have impressed the group with his financially prudent methods such as having all staff on flex-down contracts should the club be relegated.

But Albion have an ageing squad and boss Tony Pulis wants major investment in the new younger players this summer to avoid another relegation battle.

The Chinese consortium are thought to be the only serious bidders in for both Villa and West Brom.

But they have also apparently enquired after Crystal Palace, valued at around £90m, following a hitch in talks with US businessman Josh Harris’ Apollo Global Management group.

A deal was progressing but Eagles owner Steve Parish is believed to have raised the terms recently when they started flying under new boss Alan Pardew.


Far East sources say the Chinese group have been after a Premier League club for a year and are now hopeful of finalising a deal.

If successful, they plan to strategically raise revenues in China by growing the brand to reinvest in the club in line with Financial Fair Play.


The above is from James Nursey who is  about as reliable as an Austin Allegro so make of it what you will.
Sounds like he made this up while sat in the pub.
Title: Re: Guochuan Lai
Post by: Avonbaggie on April 21, 2015, 11:07:56 PM
If Peace is looking to sell and doesn't manage to find anyone during the early part of the summer will there realistically be a large investment in the squad during the transfer window? It seems a bit of a catch 22.. He will want to stay up to keep his value of the club strong but then the more he puts in the less he will potentially take out..
Title: Re: Guochuan Lai
Post by: baggie96 on April 21, 2015, 11:11:03 PM
I'd really rather villa get chinese investment over us. Always seems to go wrong with chinese owners, they seem a bit dodgy. I would rather keep peace tbh. An ideal scenario is if a big company takes us over as has been done with Liverpool but that won't happen.
Title: Re: Guochuan Lai
Post by: tuamigos on April 22, 2015, 06:29:04 AM
We've seen the 'Peace Out' brigade in action I wonder if we will see a 'Peace In' brigade come to the forfront now?  ::)
Title: Re: Guochuan Lai
Post by: Mr Cynical on April 22, 2015, 10:59:47 AM
I'm not really a fan of JP.  I think the finances - both short and long term - have always come before any football success for him.  There's lots of other stuff (that has been debated long and hard) but finding some stability in the PL is taking some of my grudges away... if only he hadn't made some ridiculous managerial decisions and tried to do everything on the cheap for most of the last 2 years.

If he sells the club for £150m then he's done amazingly well for himself.  Having already reclaimed his original investment and plenty more besides, plus a £1m+ salary for many years now.  If he achieves that £150m it will be more than £10m per year he's been chairman.  He will stand, almost on his own, as someone walking away from a football club with a handsome profit.  But its £150m he'd take out of WBA and English Football. 

What does he need £150m for?  Why wouldn't he say give me £100m and use the other £50m to build a new Halfords and buy a centre forward.  (I know I'm full of romantic ideas of sharing some of the rewards with those who've been on the journey with you.)
Title: Re: Guochuan Lai
Post by: Albionic on April 22, 2015, 12:00:20 PM
I'm not really a fan of JP.  I think the finances - both short and long term - have always come before any football success for him.  There's lots of other stuff (that has been debated long and hard) but finding some stability in the PL is taking some of my grudges away... if only he hadn't made some ridiculous managerial decisions and tried to do everything on the cheap for most of the last 2 years.

If he sells the club for £150m then he's done amazingly well for himself.  Having already reclaimed his original investment and plenty more besides, plus a £1m+ salary for many years now.  If he achieves that £150m it will be more than £10m per year he's been chairman.  He will stand, almost on his own, as someone walking away from a football club with a handsome profit.  But its £150m he'd take out of WBA and English Football. 

What does he need £150m for?  Why wouldn't he say give me £100m and use the other £50m to build a new Halfords and buy a centre forward.  (I know I'm full of romantic ideas of sharing some of the rewards with those who've been on the journey with you.)

walk away with £100m and leave a legacy at the club, romantic yes, but possible - who knows??
Title: Re: Guochuan Lai
Post by: costa blanca baggie on April 22, 2015, 01:18:10 PM
I'm not really a fan of JP.  I think the finances - both short and long term - have always come before any football success for him.  There's lots of other stuff (that has been debated long and hard) but finding some stability in the PL is taking some of my grudges away... if only he hadn't made some ridiculous managerial decisions and tried to do everything on the cheap for most of the last 2 years.

If he sells the club for £150m then he's done amazingly well for himself.  Having already reclaimed his original investment and plenty more besides, plus a £1m+ salary for many years now.  If he achieves that £150m it will be more than £10m per year he's been chairman.  He will stand, almost on his own, as someone walking away from a football club with a handsome profit.  But its £150m he'd take out of WBA and English Football. 

What does he need £150m for?  Why wouldn't he say give me £100m and use the other £50m to build a new Halfords and buy a centre forward.  (I know I'm full of romantic ideas of sharing some of the rewards with those who've been on the journey with you.)
My thoughts exactly. If he truly wanted us to kick on as a club, he should consider this. If he does intend to walk away with a massive windfall, he'd be just another greedy individual that cares not a jot about a club and it's supporters.
Title: Re: Guochuan Lai
Post by: TheJacko2000 on April 22, 2015, 01:22:32 PM
You inherit your house when a family member dies. It is worth 150k do you pocket 100k and give the other 3rd to charity when the sale goes through or do you take the full 150k

Very easy to decide how to spend other people's money.
Title: Re: Guochuan Lai
Post by: Yamaka on April 22, 2015, 02:12:04 PM
You inherit your house when a family member dies. It is worth 150k do you pocket 100k and give the other 3rd to charity when the sale goes through or do you take the full 150k

Very easy to decide how to spend other people's money.

Whilst I understand your point we are talking on a totally different scale here. The obscene amounts of money swilling around in this business these days is completely unacceptable IMHO.  I know I am being niave but ssince no one seems to wish to legislate against greed we can only hope that individuals might begin to buck the trend and develop some kind of social conscience?
Title: Re: Guochuan Lai
Post by: geoff on April 22, 2015, 03:44:10 PM
You inherit your house when a family member dies. It is worth 150k do you pocket 100k and give the other 3rd to charity when the sale goes through or do you take the full 150k

Very easy to decide how to spend other people's money.

Didn't Sir Jack of the dog heads sell for a £5   
Title: Re: Guochuan Lai
Post by: Albionic on April 22, 2015, 03:49:31 PM
You inherit your house when a family member dies. It is worth 150k do you pocket 100k and give the other 3rd to charity when the sale goes through or do you take the full 150k

Very easy to decide how to spend other people's money.

Not really a decision is it?  more a point of conjecture.
Title: Re: Guochuan Lai
Post by: royhan on April 24, 2015, 11:05:01 PM

Albion head coach Tony Pulis and chairman Jeremy Peace
   

Latest from the B'ham Mail:

West Bromwich Albion chairman Jeremy Peace has given Tony Pulis a sell-by date.
Peace is ready to sell the club this summer and has told Pulis the cut-off point for a potential takeover, so as not to disrupt his transfer plans.
Pulis was unable to reveal the date, but insisted the chairman had been open about his intentions. and would remain committed to Albion if the right buyer was not found.
“He’s given us that promise that he won’t be hanging round if there’s an offer there and there’s a deal to be done,” said Pulis.
“He’ll want it done before a certain date and if that doesn’t happen then he’ll commit himself to the club again.”
“I think he wants it to be with the right people. I don’t think he wants to sell it to just anybody. They have to be the right people who are going to invest and look after the club.
“He’s spent a lot of time here and invested a lot of money into the football club to put it where it is. If you look at the stadium, the academy set up, the training ground facilities and everything else. This club has moved on very well and they make a profit every year. So he hasn’t done too bad a job.”
Meanwhile. Pulis has confirmed Craig Dawson has recovered from a dead-leg, while there are no fresh injury worries ahead of the match against Liverpool

Having read the article I suspect that the cut-off date could be around the end of May. If so, this would imply that a deal is still very much on the cards.
Title: Re: Guochuan Lai
Post by: mansell100 on April 27, 2015, 12:56:51 PM
http://www.expressandstar.com/news/2015/04/27/foreign-investors-close-to-west-bromwich-albion-bid/? (http://www.expressandstar.com/news/2015/04/27/foreign-investors-close-to-west-bromwich-albion-bid/?)

Foreign investors close to West Bromwich Albion bid

Foreign investors are thought to be close to making an offer for West Bromwich Albion, with two overseas parties showing a strong interest in the club, according to officials.

Interest in the club in beginning to hot up after chairman Jeremy Peace set a mid-summer deadline on any deal when he put it up for sale for £200 million. He said he does not want negotiations to interfere with planning for next season.

Albion said two overseas parties had shown strong interest in taking over the club and that the end of May would be the ‘critical’ point if there is to be a takeover.

Other groups are also believed to be monitoring events from afar before deciding whether to enter the battle for the club.

Club spokesman Martin Swain said: “There are a couple of interested parties and that process is continuing.

“We believe there are still others in the background who have not made quite as serious a play yet. The end of May is the critical moment. We will know a lot more then.”

Groups from America and the Far East have made contact about potentially taking over the club but the chairman is ready to walk away from any deal if it is not completed by the start of pre-season training in July.
Title: Re: Guochuan Lai
Post by: WorcsWBA on April 27, 2015, 01:09:24 PM
Surely potentially having a "will they, won't they" situation through to the start of pre-season training in July will affect our close season recruitment plans? Possibly not being able to do anything until then will put us on the back foot.
Title: Re: Guochuan Lai
Post by: Black Country Pride on April 27, 2015, 01:12:38 PM
Have to say I feel very uneasy about all of this. Don't get me wrong I sometimes get irritated with Peace over his lack of ambition (about time they bloody did the stadium) but overall he has been very good for this club.
Title: Re: Guochuan Lai
Post by: tuamigos on April 27, 2015, 01:33:25 PM
I'm a taj excited about this but also very apprehensive.
Title: Re: Guochuan Lai
Post by: addy on April 27, 2015, 01:37:30 PM
I see too many horror stories for my liking from foreign investors at clubs.

I would have been happy keeping Peace, obviously he wants to move on though. I am way more nervous about it than I am excited.
Title: Re: Guochuan Lai
Post by: Standaman on April 27, 2015, 02:46:53 PM
Surely potentially having a "will they, won't they" situation through to the start of pre-season training in July will affect our close season recruitment plans? Possibly not being able to do anything until then will put us on the back foot.

For the sale to complete by then the club will know how serious or otherwise any potential bidder is by the middle of next month. At that point it will either be going ahead or not. Unless the new ownership want sweeping changes to the personnel involved there is no reason why we cannot proceed on a business as usual basis, it is not as if the club is insolvent and waiting to be bailed out by the new ownership.
Typically we will do very little business prior to July in any event.
Title: Re: Guochuan Lai
Post by: WorcsWBA on April 27, 2015, 03:19:12 PM
Typically we will do very little business prior to July in any event.
And hasn't that worked out well in recent years?!  ;D

Managers/coaches always say that they want as many new players to be signed in time for the start of pre-season training, otherwise the new players seem to spend months having to play catch-up.
Title: Re: Guochuan Lai
Post by: Standaman on April 27, 2015, 03:46:43 PM
And hasn't that worked out well in recent years?!  ;D

Managers/coaches always say that they want as many new players to be signed in time for the start of pre-season training, otherwise the new players seem to spend months having to play catch-up.

Every coach at every club says the same and every year the vast bulk of deals get done in August and the last two weeks of the window are always the busiest. It probably doesn't matter if the player is getting a pre season somewhere it is the players without clubs that tend to suffer fitness issues. Hence I think the ownership issue is a bit of a red herring provided it is resolved for the beginning July.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on April 27, 2015, 05:58:05 PM
May 31st deadline according to BBC's Pat Murphy.
Title: Re: Guochuan Lai
Post by: koren on April 27, 2015, 06:05:15 PM
May 31st deadline according to BBC's Pat Murphy.


Steve Madeley ‏@smadeley_star 
If there's no prospect of selling by end of May Peace will stay. If a deal is in train he won't call it off. Could well go into June.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on April 27, 2015, 06:26:27 PM
Be interesting to see how this develops - won't the owner have to go through a ratification process? That can take anything up to six weeks or more. If a deal is on the cards then I hope it goes through quickly - I saw last summer at another club in the championship how a potential takeover seemingly going through put a halt to their summer preparations and then fell through towards the end of pre-season meaning they were playing catch up in their preparation for the upcoming season.

Personally, I'm not too fussed about whether we get taken over or not. On on the one hand I get a little excited and on the other hand I'm cautious. One thing I do know however is that Jeremy Peace won't be around forever and there is going to come a time where he will pass the mantle over and it appears that time is soon.
Title: Re: Guochuan Lai
Post by: frazzle on April 27, 2015, 07:06:07 PM
I just can't believe that this could happen. Our club being bought by overseas investors? Our club worth £200m plus?

It doesn't seem long ago that I saw Kevin Donovan walk out the ground to the same car park as the fans and get into a Ford Escort L. How times have changed!
Title: Re: Guochuan Lai
Post by: Adder on April 27, 2015, 09:14:11 PM
I don't think the transfer window officially opens until July 1st...think that's been the case previously anyway. Obviously deals can be agreed before then but not completed.

The crucial factor will be how much control the new owner wants (and if he wants strong control, how much football, business and premier league knowledge does he have).
Title: Re: Guochuan Lai
Post by: charliemike on April 27, 2015, 09:20:53 PM
For what it's worth , I can't see it being 200m . Not a bad interest rate for JP though .
Title: Re: Guochuan Lai
Post by: Mikkyk on April 28, 2015, 12:42:38 AM
Not a hugely relevant point but a few articles said some potential buyers are performing DD on us, anybody know who is undertaking that DD?
Title: Re: Guochuan Lai
Post by: lonions on April 28, 2015, 06:14:18 PM
I doubt anyone would be doing any real due diligence until a offer has been accepted. Then the buyer has chance to go through the books and do real due diligence.
Title: Re: Guochuan Lai
Post by: we8seals on April 29, 2015, 07:06:07 AM
I just can't believe that this could happen. Our club being bought by overseas investors? Our club worth £200m plus?

It doesn't seem long ago that I saw Kevin Donovan walk out the ground to the same car park as the fans and get into a Ford Escort L. How times have changed!

And the football now is less entertaining than then. And the players certainly had more connection with the fans ( by and large). You can continue to throw millions at football and it does not improve the game just the bank balance of Bentley dealers
Title: Re: Guochuan Lai
Post by: AlbionFan on April 29, 2015, 08:03:29 AM
And the football now is less entertaining than then. And the players certainly had more connection with the fans ( by and large). You can continue to throw millions at football and it does not improve the game just the bank balance of Bentley dealers

I think you are right, the more money there is in football the less connection there is between fans, the club and the players.
Title: Re: Guochuan Lai
Post by: darbolina on April 29, 2015, 09:31:42 AM
The death of the spirit/ soul of football = Sky are the root cause. The Premier League (with way-over paid players) is the symptom. English match going and TV watching fans are the victims (e.g. around the World TV subscriptions are much cheaper).

Unless all clubs / fans unite and e.g. start leaving empty seats across the whole league, the model won't change. Sky nor the Premier league want empty seats during their lucrative broadcasts around the World.
Title: Re: Guochuan Lai
Post by: Black Country Pride on April 29, 2015, 09:42:01 AM
The death of the spirit/ soul of football = Sky are the root cause. The Premier League (with way-over paid players) is the symptom. English match going and TV watching fans are the victims (e.g. around the World TV subscriptions are much cheaper).

Unless all clubs / fans unite and e.g. start leaving empty seats across the whole league, the model won't change. Sky nor the Premier league want empty seats during their lucrative broadcasts around the World.

The problem is they've got our balls in a vice. They know how much we love our clubs and that enough of us will continue to cough up. Given how wealthy the clubs are these days and how little match day revenues produce compared to tv deals it all seems so unnecessary.
Title: Re: Guochuan Lai
Post by: kirk on April 29, 2015, 12:30:53 PM
Really hope we don't get a new owner who doesn't give a fig about the clubs tradition and uses any old kit, who appoints a cheap useless Irvine type coach, who presides after one disaster transfer window after another and whams up ticket prices by 14%.
Title: Re: Guochuan Lai
Post by: Hull Baggie on April 30, 2015, 08:36:19 AM
The death of the spirit/ soul of football = Sky are the root cause. The Premier League (with way-over paid players) is the symptom. English match going and TV watching fans are the victims (e.g. around the World TV subscriptions are much cheaper).

Unless all clubs / fans unite and e.g. start leaving empty seats across the whole league, the model won't change. Sky nor the Premier league want empty seats during their lucrative broadcasts around the World.

Not sure how not attending games affects SKY, I would definitely hurt the premier league and the clubs but the only thing that would hurt SKY is a lack of subscriptions surely. Sky couldn't care less if the stadiums are empty as long as people are watching in pubs and at home.
Title: Re: Guochuan Lai
Post by: FallOutBoy on April 30, 2015, 12:52:18 PM
Not sure how not attending games affects SKY, I would definitely hurt the premier league and the clubs but the only thing that would hurt SKY is a lack of subscriptions surely. Sky couldn't care less if the stadiums are empty as long as people are watching in pubs and at home.

If the games are played in empty stadiums, then that devalues the product.

If you saw a game in an empty stadium, versus one in a full stadium, which would you perceive to be better quality, or more important?

Empty stadiums would affect the perceived value of the league, and thus reduce the money the club would get from all angles.
Title: Re: Guochuan Lai
Post by: Black Country Pride on April 30, 2015, 02:28:28 PM
Our Jeremy doesn't seem to fussed by the fact we fail to fill our (too small) stadium.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on May 04, 2015, 09:36:15 AM
I think we need to get this done as soon as possible. The last thing we want is a summer like last year. The more time we spend buying players the better.
Title: Re: Guochuan Lai
Post by: tuamigos on May 04, 2015, 10:20:32 AM
Whats the panic?
Hasn't JP already said that there's a cut off point by where if the sale is not complete the sale goes onto the back burner. So there should be plenty of time to get the transfer business done.
Historically our main business is done at the last minute anyway.
Title: Re: Guochuan Lai
Post by: WorcsWBA on May 04, 2015, 11:10:25 AM
Whats the panic?
Ah, the phrase that's often trotted out regarding Albion's feet-dragging dealings during many a transfer window! Our spectacular failures over the last couple of seasons illustrate how leaving things until the last chance saloon can easily backfire.

Delaying things even further than usual whilst Peace negotiates to make his retirement fortune is likely to cause more problems than it solves.
Title: Re: Guochuan Lai
Post by: koren on May 04, 2015, 11:28:23 AM
http://www.birminghammail.co.uk/sport/football/football-news/tony-pulis-west-broms-summer-9176757 (http://www.birminghammail.co.uk/sport/football/football-news/tony-pulis-west-broms-summer-9176757)

Tony Pulis: West Brom's summer transfer plans on hold

Tony Pulis says that both he and his playing staff are in limbo as far as new contracts are concerned because of the possibility takeover at Albion.

Boaz Myhill - the star of Saturday’s stunning 1-0 victory at Old Trafford - is out of contract with a number of others with one year options or down to their final seasons.

“He (Myhill) is out of contract but the fact of the matter is the club is up for sale at the moment,” the Albion boss said.

“I spoke to the Chairman on Wednesday. At the moment we are still in a little bit of limbo in terms of what we are going to do and what we’re not going to do.

"It’s not just the players who don’t know what’s going to happen next year it is also everybody else around the club.”

Pulis denied the takeover was unsettling his players? “No. That is the situation at the football club but footballers are very resilient in lots of respects. As you saw on Saturday they just get on with it.”
Title: Re: Guochuan Lai
Post by: Black Country Pride on May 04, 2015, 12:15:58 PM
Come on Mr Peace time is of the essence
Title: Re: Guochuan Lai
Post by: Standaman on May 04, 2015, 01:11:34 PM
On the one hand we are in limbo but not such a state of limbo that it has stopped us having discussions with Sako. Not sure Pulis wants to talk about contracts publicly with 3 games to go and being in "limbo" kills that line of questioning. On the specific of Myhill which I think was the question that was being discussed whether we take up the option or don't makes not the slightest bit of difference to the sale so I am more inclined to think it is a red herring.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on May 04, 2015, 01:36:54 PM
Come on Mr Peace time is of the essence
Hasn't he already said that he'll pull out of a sale if nothing is done by the end of this month because it would mess with the summer plans?
Title: Re: Guochuan Lai
Post by: elkiellis on May 04, 2015, 02:55:44 PM
Hasn't he already said that he'll pull out of a sale if nothing is done by the end of this month because it would mess with the summer plans?
Jeremy peace looks after no 1 himself first,he wont pull out if 200m or close is on the table however long it takes
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on May 04, 2015, 02:59:25 PM
Hasn't he already said that he'll pull out of a sale if nothing is done by the end of this month because it would mess with the summer plans?

Any potential buyer will want the club to be well placed for the summer's activities I'd have thought? I can't see this being an issue and I'd be very disappointed in the management team if it becomes one.
Title: Re: Guochuan Lai
Post by: tuamigos on May 04, 2015, 03:06:23 PM
Ah, the phrase that's often trotted out regarding Albion's feet-dragging dealings during many a transfer window! Our spectacular failures over the last couple of seasons illustrate how leaving things until the last chance saloon can easily backfire.

Delaying things even further than usual whilst Peace negotiates to make his retirement fortune is likely to cause more problems than it solves.

Nothings been delayed yet. If JP is as good as his word then there should be no interference with summer signings.
The only concern I have is that TP says that he and other staff are in a state of limbo regarding the future, I would have thought he would be in the loop at least.
Title: Re: Guochuan Lai
Post by: smethwickw on May 04, 2015, 03:37:01 PM
What happens with regards to out of contract players we are supposedly interested in i.e. Sako? If we have to wait until the end of the month then I'm sure players like this will be off elsewhere.
Title: Re: Guochuan Lai
Post by: Standaman on May 04, 2015, 04:46:59 PM
What happens with regards to out of contract players we are supposedly interested in i.e. Sako? If we have to wait until the end of the month then I'm sure players like this will be off elsewhere.

Typically contracts do not expire to the end of June and therefore new ones don't start until 1st July ,therefore  providing we are in a position to make contract offers by the end of May it is not an issue.
Title: Re: Guochuan Lai
Post by: darbolina on May 06, 2015, 02:32:30 PM
Is it just me or does anyone else think we could get a potential buyer from India based on the club's stated aim of strengthening links there and the fact Peace is apparently speaking to potential buyers from Asia? It's got huge 'untapped'  potential for the marketing for football generally so could appeal to the money men?

The delegation at the Hawthorns today just made me put 2+2 to together to probably get 25!?
Title: Re: Guochuan Lai
Post by: baggiejohn on May 06, 2015, 03:24:48 PM
Is it just me or does anyone else think we could get a potential buyer from India based on the club's stated aim of strengthening links there and the fact Peace is apparently speaking to potential buyers from Asia? It's got huge 'untapped'  potential for the marketing for football generally so could appeal to the money men?

The delegation at the Hawthorns today just made me put 2+2 to together to probably get 25!?

Allegedly, the potential buyers doing due diligence, are from China, Australia or USA, but I agree,JP does seem to be courting India & as one of the top emerging nations, it would make sense for a buyer to be coming from that part of the world.
Title: Re: Guochuan Lai
Post by: johnny Cash on May 06, 2015, 04:41:03 PM
Allegedly, the potential buyers doing due diligence, are from China, Australia or USA, but I agree,JP does seem to be courting India & as one of the top emerging nations, it would make sense for a buyer to be coming from that part of the world.

China, Australia, US or India. That narrows it down to about a third of the worlds population!  :P
Title: Re: Guochuan Lai
Post by: Albionic on May 07, 2015, 09:55:24 AM
China, Australia, US or India. That narrows it down to about a third of the worlds population!  :P

On that basis, its bound to be yet another Russian !
Title: Re: Guochuan Lai
Post by: overseas baggie on May 07, 2015, 09:54:48 PM
I see that Villa are in talks with a consortium led by Paul Smith (ex-Chelsea director) and Tony Adams re a £150m takeover.

Wonder if they are also in the frame to buy us?
Title: Re: Guochuan Lai
Post by: fatboy_coach on May 07, 2015, 10:45:50 PM
I see that Villa are in talks with a consortium led by Paul Smith (ex-Chelsea director) and Tony Adams re a £150m takeover.

Wonder if they are also in the frame to buy us?

I hope not, Adams is going to be director of football and I can't see that working well with TP. We've just got rid of that structure and got settled, mind you it'd be typical Albion to want to change again just as we started going in the right direction  :-*
Title: Re: Guochuan Lai
Post by: CovBaggie on May 07, 2015, 11:43:07 PM
I hope not, Adams is going to be director of football and I can't see that working well with TP. We've just got rid of that structure and got settled, mind you it'd be typical Albion to want to change again just as we started going in the right direction  :-*

We haven't got rid of any structure. Terry Burton is still in charge of recruitment.

What has changed is that Pulis is more involved with the scouting and identifying of players, working with Merv. Burton and Garlick dot the I's and cross the T's.
Title: Re: Guochuan Lai
Post by: WBArgo on May 08, 2015, 12:30:40 AM
We haven't got rid of any structure. Terry Burton is still in charge of recruitment.

What has changed is that Pulis is more involved with the scouting and identifying of players, working with Merv. Burton and Garlick dot the I's and cross the T's.
Yep, TP merely has more authority, the structure remains however.

I would NOT want Adams anywhere near my club though, he is an alcoholic.
Title: Re: Guochuan Lai
Post by: geoff on May 09, 2015, 05:50:30 PM
Well, now it's a done deal that we will kick off next season in the prem any takers to JP offer of sale should
now become more apparent to us who they are.
Title: Re: Guochuan Lai
Post by: devonbaggiecjaj on May 18, 2015, 06:39:05 PM
Just heard on BBC that Uefa to relax financial fair play rules from next season, will that help or hinder JP's sale
Title: Re: Guochuan Lai
Post by: caravanc58 on May 18, 2015, 06:57:23 PM
Just heard on BBC that Uefa to relax financial fair play rules from next season, will that help or hinder JP's sale
I wouldn't have thought it would hinder any potential sale, but more importantly it would let any buyer inject money into the club I think.
Title: Re: Guochuan Lai
Post by: AlbionFan on May 18, 2015, 07:53:54 PM
Apparently, into nights programme the following message from JP appears.


West Brom edge towards sale

West Bromwich Albion chairman Jeremy Peace has revealed potential new owners have entered due diligence ahead of a potential sale of the Premier League club.

In what he admits could be his final message as owner of the club, Peace - writing in the matchday programnme ahead of Monday night's game against Chelsea - has pledged to avoid a 'long-running saga' if he opts to sell his majority stake.

Peace was at pains to point out that he does not expect any takeover to affect Tony Pulis' position or the club's summer transfer business.

The potential buyers are believed to be from the Far East and the United States, with Peace wanting a deal in place in principle in the next fortnight.

Peace said: "Since announcing in February that I was taking the club to the investment market, I am sure you have read media speculation about interested parties in contact over a possible purchase.

"That process remains on-going and as of this moment, those parties are conducting due diligence on the club.
But let me once again stress that I do not intend this to become a long-running saga which could become counter-productive to our preparations for next season.

"Indeed, those preparations are now underway with a progressive dialogue over targets for the summer.
It is also right to say that, in the discussions that I have conducted with those parties, there is a uniform view about committing to the management model which I believe has served the club so well.

"In short, if there is a change of ownership, the transition should be smooth and devoid of upheaval. Business will continue as normal.

"As things stand, I do not know if this will be my last Hawthorns game as chairman, but I am proud of the fact that when everyone returns next August, Albion will be going into its sixth successive Premier League campaign and the 10th since I became chairman.

"I believe we have made good progress during those years but our beloved old club faces more and even greater challenges in the future."

http://www.football365.com/west-bromwich-albion/9855800/West-Brom-edge-closer-to-sale?
Title: Re: Guochuan Lai
Post by: fatboy_coach on May 18, 2015, 10:18:32 PM
Interesting to hear TP post match say he's got long term plans for the Albion and hopes to have the chance to try to put them in place and JP says in his end of season message that TP might not get all of the players he wants in the summer and it's a work in progress.

Am I being paranoid or are they laying the foundations for a parting of the ways?
Title: Re: Guochuan Lai
Post by: Albionic on May 18, 2015, 10:24:14 PM
TP did seem very awkward about committing, however with his boss intimating he could be leaving, is it that surprising??
Title: Re: Guochuan Lai
Post by: PsalmXXIII on May 18, 2015, 10:35:54 PM
No manager that isn't bankrolled by a multi billionaire can guarantee he'll get all the players he wants. That's a cautionary 'bare with' message I don't believe has any real negative connotations. It's an unknown situation at the moment and in the future so I'd prefer a more muted response to it and hope for the best.

Heck 'I have long term plans for Albion' is the only part of that I'd read into.
Title: Re: Guochuan Lai
Post by: costa blanca baggie on May 18, 2015, 10:44:26 PM
The shortest after match media interview. I hope he's got a flight he doesn't want to miss.
Title: Re: Guochuan Lai
Post by: Standaman on May 19, 2015, 01:02:28 AM
Obviously chairman says Pulis might not get every player he wants allied to a short post match interview means the manager is on the verge of quitting  :o

In all seriousness Peace's statement says that all the potential buyers are committed to business as usual and I don't think the takeover if it happens will make very much difference in the short term.
Title: Re: Guochuan Lai
Post by: Dan on May 19, 2015, 02:26:39 AM
The potential for a takeover is quite unsettling. It seems pretty clear that its consortiums after us to run us as a business. Which they're unlikely to do as well as Peace even if they have good intentions, and at worst could be an interference who cause a lot of trouble like the Venky's at Blackburn as well as numerous others. Being a good chairman is a pretty difficult job. You can see with Morgan at Wolves how someone with completely good intentions and their heart in the right place can still make a real mess of things.

Hopefully whoever takes over will keep us financially much the way we are without squeezing our budget to milk the television money, and leaves the football matters in the hands of football people, which really was the turning point for Peace and us being a yo-yo club.
Title: Re: Guochuan Lai
Post by: tuamigos on May 19, 2015, 06:27:06 AM
The potential for a takeover is quite unsettling. It seems pretty clear that its consortiums after us to run us as a business. Which they're unlikely to do as well as Peace even if they have good intentions, and at worst could be an interference who cause a lot of trouble like the Venky's at Blackburn as well as numerous others. Being a good chairman is a pretty difficult job. You can see with Morgan at Wolves how someone with completely good intentions and their heart in the right place can still make a real mess of things.

Hopefully whoever takes over will keep us financially much the way we are without squeezing our budget to milk the television money, and leaves the football matters in the hands of football people, which really was the turning point for Peace and us being a yo-yo club.

Hopefully whoever takes over offers JP a job!
Title: Re: Guochuan Lai
Post by: B_H_Baggie on May 19, 2015, 10:30:33 AM
I wouldn't have thought it would hinder any potential sale, but more importantly it would let any buyer inject money into the club I think.

Aren't the UEFA FFP rules just to cover European competitions and nothing to do with the domestic leagues?
Title: Re: Guochuan Lai
Post by: Sessegod on May 19, 2015, 11:09:48 PM
Aren't the UEFA FFP rules just to cover European competitions and nothing to do with the domestic leagues?

good question, i think they are similar and if you want to play in Europe you have to adhere to them. but it does beg the question if they are the same why didnt city get fined by the PL or FA or is it all just left to UEFA.
Title: Re: Guochuan Lai
Post by: Sessegod on May 19, 2015, 11:13:12 PM
After further research the rules are similar however the PL permit a bigger loss
Title: Re: Guochuan Lai
Post by: Standaman on May 20, 2015, 08:21:00 AM
The proposed relaxing of the UEFA rules would bring them more in line with the Premier League rules. However in terms of the takeover it makes very little difference, the sugar daddy model is dead, nobody is remotely interested in throwing millions at a football club in a vague hope of turning a pigs ear into a silk purse. Equally ffp has stopped owners racking up massive operating losses and propping up the balance sheet with debt and therefore the most destructive type of ownership has been greatly curtailed.

 
Title: Re: Guochuan Lai
Post by: johnny Cash on May 28, 2015, 10:06:40 AM
unofficial deadline looming.

Do we expect a public statement from Mr Peace on May 31st if bets are off?

Can we assume silence suggests wheels are in motion?
Title: Re: Guochuan Lai
Post by: Standaman on May 28, 2015, 10:33:17 AM
unofficial deadline looming.

Do we expect a public statement from Mr Peace on May 31st if bets are off?

Can we assume silence suggests wheels are in motion?

Having set a deadline of 31st May I think Peace will make some sort of statement shortly thereafter although it might not be a definitive one.

I wouldn't assume silence means anything in particular. We know that there are at least two parties undertaking due diligence at this moment. Either an offer or offers will be forthcoming or not. If the offers are way below Peaces valuation I think that will be the end of the matter the sales process will only continue if the offer is acceptable or at least close enough to warrant further discussion. 

Watch this space
Title: Re: Guochuan Lai
Post by: tuamigos on May 28, 2015, 10:49:29 AM
Having set a deadline of 31st May I think Peace will make some sort of statement shortly thereafter although it might not be a definitive one.

I wouldn't assume silence means anything in particular. We know that there are at least two parties undertaking due diligence at this moment. Either an offer or offers will be forthcoming or not. If the offers are way below Peaces valuation I think that will be the end of the matter the sales process will only continue if the offer is acceptable or at least close enough to warrant further discussion. 

Watch this space

Where's the deadline of 31st May come from?
The only date I saw confirmed was that he would walk away if the deal was not completed by the start of training in early July?

http://www.expressandstar.com/news/2015/04/27/foreign-investors-close-to-west-bromwich-albion-bid/?
Title: Re: Guochuan Lai
Post by: Standaman on May 28, 2015, 12:39:33 PM
When the sale was initially announced the Peace set the 31st May deadline for interested parties to come forward with a proposal and complete due diligence. Completion will obviously take longer.
Title: Re: Guochuan Lai
Post by: baggie38 on May 30, 2015, 01:37:28 PM
It's gone very quiet on the takeover front all of a sudden. Surely we will hear one thing or another about this week?
Title: Re: Guochuan Lai
Post by: Jimbo Baggy on May 31, 2015, 05:35:35 PM
I have a feeling the American backers are Intuit, a Californian computer software company, who own QuickBooks are main shirt sponsors. The two owners are very wealthy Americans, the ones a Billionaire. As for the others I have no idea. I just hope to hear some new news this week, it does seem to have dragged on.
Title: Re: Guochuan Lai
Post by: Topman on May 31, 2015, 08:05:14 PM
Is that just a hunch Jimbo? If anyone ITK could say if they think they may happen or not would be great please. I am not sure if it's something I want but it would be interesting times
Title: Re: Guochuan Lai
Post by: VANDERLEI on May 31, 2015, 08:49:46 PM
We're not getti9ng sold this year. Maybe next year or the year after but it won't happen this upcoming season.
Title: Re: Guochuan Lai
Post by: baggie96 on June 02, 2015, 05:26:56 PM
Surely there would be a statement by now if nothing was happening?
Title: Re: Guochuan Lai
Post by: Nathan on June 02, 2015, 05:56:00 PM
I have a feeling the American backers are Intuit, a Californian computer software company, who own QuickBooks are main shirt sponsors. The two owners are very wealthy Americans, the ones a Billionaire. As for the others I have no idea. I just hope to hear some new news this week, it does seem to have dragged on.

That is definitely what I'm led to believe. The rumour as far back as last summer was that the shirt sponsors (Quick Books) had something to do with a potential takeover.
Title: Re: Guochuan Lai
Post by: Standaman on June 02, 2015, 07:44:15 PM
The co-founders of Intuit are Tom Proulx and Scott Cook. Both are billionaires Cook is still involved with the business whereas Prolx is no longer involved but is working on other projects such as Netpulse. Neither have any previous interest in sports ownership as far as I can make out. The purchase price is well within their means but they just seem a little unlikely to be the sort of people to suddenly buy an English football club unless they were the financial muscle behind a more traditional sports investor.
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on June 02, 2015, 10:19:56 PM
Another £72 mill in the coffers for this season's performance.

Can't hurt any investor to see we are very much a mid prem team now. Even out-earning the MASSIVE...... villa?!!

If only we were semi-fancied we'd pick up more than the minimum TV games and thus another £5mill or so?!
Title: Re: Guochuan Lai
Post by: baggie96 on June 04, 2015, 09:43:45 AM
According to E & S there's a couple of groups completed due diligence and are impressed. Now it comes down to the asking price. Groups from Far East and America. Potentially one from Australia. Surely this should be the easy part as they wouldn't have completed due diligence if not going to put in a proper offer
Title: Re: Guochuan Lai
Post by: BobTaylor on June 04, 2015, 10:19:42 AM
Sounds positive hopefully we will here more in next couple weeks I got a feeling the group from the far east might take us on just a feeling.
Title: Re: Guochuan Lai
Post by: geoff on June 04, 2015, 10:23:14 AM
Another £72 mill in the coffers for this season's performance.

Can't hurt any investor to see we are very much a mid prem team now. Even out-earning the MASSIVE...... villa?!!

If only we were semi-fancied we'd pick up more than the minimum TV games and thus another £5mill or so?!

I remember deadly Doug at one time after he sold out Vilia coming to a few of our games were im pretty sure he & JP would have talked about the Good the Bad & the Ugly things about Selling & what he would do different so lets hope he was listening & makes the right choice.
Title: Re: Guochuan Lai
Post by: tgd26 on June 04, 2015, 12:00:57 PM
Just thinking about this topic and it occurred to me that a club in our position may be able to attract a different type of investor (foreign or British) who is looking at a different model compared to existing Premier League owners.

With FFP restrictions and our healthy finances it may well be an opportunity for a new owner to come in and essentially keep things on an even keel (in a way similar to JP has) as opposed to coming in and throwing money around to either (pay off existing debts, fund a new team that will get promoted out of the Champ and into the Premiership, or in the case of Man City and Chelsea, taking an already established large team and turning them into title contenders).

It could be that the new owners are aware that they can’t act like sugar daddies in the same way the owners at Fulham, QPR and to a lesser extent Villa have done in recent years and try to buy their way to the top of the league. They might be happy increasing the spending above what we are used to  while not letting things get out of control financially in the hope of toppling the big 4.

I imagine a new owner may look to expand things on the commercial side, move us into new markets from a publicity perspective while slowly trying to fund the team to the point where it is challenging for Europa league places and going on decent cup runs.

That way the club wouldn’t be put at risk financially (neither would their personal fortune) and the new owners would still get all of the personal\business publicity that a lot of these guys\organisations are seeking by owning a Premier League team.

I think the sugar daddy days are over (as has been discussed here previously) but I still think there are a number of reasons why a club like the Albion would be an interesting proposition for investors looking to get into football for commercial reasons.
Title: Re: Guochuan Lai
Post by: thelawyer on June 04, 2015, 12:08:02 PM
But FFP regs are likely to be relaxed imminently so no one can be sure what a new owner has in mind. Nothing we can do to change it.
Title: Re: Guochuan Lai
Post by: Standaman on June 04, 2015, 12:30:17 PM
But FFP regs are likely to be relaxed imminently so no one can be sure what a new owner has in mind. Nothing we can do to change it.

We have no idea what is heading our way and how competent or otherwise they are but the loosening of the UEFA FFP rules and will only bring them into line with those in the Premier League, which would not allow us to ship the hundreds of millions in losses that it would take to turn us into Chelsea or Man city.

In truth the likelihood of us being snapped up by the next Oligarch off the rank was always remote we are more likely to get a pound shop Abramovich like Gydanck who has huge ambitions but not the resources to back it up and those are the most destructive of owners.

My hope is that we attract sound investors who will try and grow the club without putting it a risk or saddling it with debts that can only be paid if we achieve a certain level of success on the pitch. The latest reports would suggest there are still multiple parties interested having gone through the due diligence process, I think we might be quite close to an new era.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 04, 2015, 12:41:02 PM
Question is when should we cut it off to concentrate on recruitment ? I would say another couple of weeks.
Title: Re: Guochuan Lai
Post by: Standaman on June 04, 2015, 01:09:48 PM
Question is when should we cut it off to concentrate on recruitment ? I would say another couple of weeks.

As part of the due diligence process the club would have submitted a summary of the current trading position and a budget for the coming year, remember the last published accounts are 12 months old. Given that player wages and fees are the two biggest items of expenditure the budget for those items would include this summers activity.

If any of the parties want to proceed they will do so on the basis of that budget, so provided we operate within the budget there is nothing preventing us from signing players in the window. The only issue would be if the potential owners wanted a say in who we signed and that in itself is a huge red flag that we have the wrong sort of owners.

 If as reported they have all signed up to business as usual then there is no problem. The reason why  football clubs are often put into limbo during a change of ownership is because they are trading at a loss and the current owners do not want to put any more money and without a new injection of cash they are unable to move forward, however we are not in that situation.
Title: Re: Guochuan Lai
Post by: VVVAlbion on June 04, 2015, 01:19:14 PM
Question is when should we cut it off to concentrate on recruitment ? I would say another couple of weeks.
Can we not multi task?
Title: Re: Guochuan Lai
Post by: Albionic on June 04, 2015, 01:28:12 PM
1. Employees are told its business as usual in a takeover or buy-in situation.
2. Despite what JP says in public if a suitor comes waving the cheque book he WILL listen and engage.

Reality is there is no "real" cut-off date, IMO.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 04, 2015, 01:33:01 PM
Can we not multi task?
Well I'm guessing TP along with others are on holiday for the majority of June this gives us plenty of time to get new investors in my eyes but like I said earlier I would have a cut of point off the 21st maybe something along those lines, Shouldn't interfere with each other on that front.
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 04, 2015, 01:39:22 PM
http://www.birminghammail.co.uk/sport/football/football-news/west-bromwich-albion-latest-potential-9388616

Still ongoing.
Title: Re: Guochuan Lai
Post by: BB74 on June 04, 2015, 02:32:13 PM
Wang Jianlin mentioned as potential owner on the comments on the Brum Mail link.

Title: Re: Guochuan Lai
Post by: johnny Cash on June 04, 2015, 03:26:33 PM
Can we not multi task?

No doubt we can, but its not efficient to sign players when you think your budget is £15m if in fact it is £35m.

Title: Re: Guochuan Lai
Post by: johnny Cash on June 04, 2015, 03:34:27 PM
Wang Jianlin mentioned as potential owner on the comments on the Brum Mail link.

Googled him! Think that would give us the wealthiest owner in world football!
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 04, 2015, 03:40:51 PM
Go get Mesi and Ronaldo :P
Title: Re: Guochuan Lai
Post by: geoff on June 04, 2015, 03:46:28 PM
Wang Jianlin

As a Chinese billionaire pays €45 million for a large stake in the Spanish champions, Goal takes a closer look at the man behind the lucrative deal

http://www.goal.com/en/news/1717/editorial/2015/01/21/8162922/he-now-owns-20-of-atletico-but-who-is-wang-jianlin
Title: Re: Guochuan Lai
Post by: baggie38 on June 04, 2015, 04:10:28 PM
Very exciting stuff! Let's hope it's true although I would question where it was originally mentioned.
Title: Re: Guochuan Lai
Post by: bradleysrocket on June 04, 2015, 04:18:07 PM
Does the fact he has 20% of atletico not rule him out?
Title: Re: Guochuan Lai
Post by: BB74 on June 04, 2015, 04:20:42 PM
Does the fact he has 20% of atletico not rule him out?

The Watford owners own them, Granada in Spain and Udinese in Italy so it doesn't matter.
Title: Re: Guochuan Lai
Post by: baggie38 on June 04, 2015, 04:21:57 PM
Does the fact he has 20% of atletico not rule him out?

But he isn't a majority share holder. Isnt the rule you can't be a majority share holder at more then One club? I'm sure you can own shares in more then one club as long as it isn't majority.
Title: Re: Guochuan Lai
Post by: WBArgo on June 04, 2015, 04:28:00 PM
I just hope whoever does take us over (if anyone), then they are good owners. Hopefully it's more like Leicesters owners and less Venky's for instance.

Title: Re: Guochuan Lai
Post by: johnny Cash on June 04, 2015, 04:30:49 PM
But he isn't a majority share holder. Isnt the rule you can't be a majority share holder at more then One club? I'm sure you can own shares in more then one club as long as it isn't majority.

I remember something when Chelsea played CSKA about it being 10%. I think that was a champions league rule though. He can sell a bit of AM when he gets us there!
Title: Re: Guochuan Lai
Post by: Albionic on June 04, 2015, 04:36:00 PM
But he isn't a majority share holder. Isnt the rule you can't be a majority share holder at more then One club? I'm sure you can own shares in more then one club as long as it isn't majority.

I think you are correct, ie, Ashley has majority of shares in Newc and this precludes him buying too many in Rangers
Title: Re: Guochuan Lai
Post by: HampshireBaggie on June 04, 2015, 06:17:49 PM
26th richest man in the world in 2014. would be insane if it was him who bought us.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 04, 2015, 06:21:57 PM
26th richest man in the world in 2014. would be insane if it was him who bought us.

And through Occam's Razor, he won't be buying us.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 04, 2015, 07:02:16 PM
So there is nothing concrete regarding Wang Jianlin?

I won't get excited just yet.
Title: Re: Guochuan Lai
Post by: tommcneill on June 04, 2015, 08:07:30 PM
Wang Jianlin mentioned as potential owner on the comments on the Brum Mail link.

That guy is worth an absolute fortune...richest man in china!

net worth between $25-37 billion

Be shocked if he was too buy us
Title: Re: Guochuan Lai
Post by: WBArgo on June 04, 2015, 08:17:43 PM
So there is nothing concrete regarding Wang Jianlin?

I won't get excited just yet.
From what I gather, the whole 'Wang Jialin' thing is purely from a speculative comment made on an E&S article earlier, the comment was something like "I heard it's Wang Jialin, one of the richest men on earth".

As far as transfer speculation goes, that has to be the most tenuous, made-up link ever, and even if it was Jialin, I am certain that the guy who made the comment was clueless.
Title: Re: Guochuan Lai
Post by: royhan on June 04, 2015, 08:24:46 PM
JP keeps EVERYTHING close to his chest. You rarely hear rumours about key issues emerging from The Hawthorns unless they've been sanctioned by JP, so don't expect any clues about the likely new owners until JP says so.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 04, 2015, 08:38:19 PM
ive heard its TJS :)
Title: Re: Guochuan Lai
Post by: The Black Pearl on June 04, 2015, 08:40:20 PM
JP keeps EVERYTHING close to his chest. You rarely hear rumours about key issues emerging from The Hawthorns unless they've been sanctioned by JP, so don't expect any clues about the likely new owners until JP says so.

If its not the richest man in China after all this speculation, I will be fuming! ;D

It'll be a China crisis! :-*
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 04, 2015, 08:41:11 PM
If its not the richest man in China after all this speculation, I will be fuming! ;D

It'll be a China crisis! :-*


Black man rea
Title: Re: Guochuan Lai
Post by: Baggie79 on June 04, 2015, 10:04:08 PM
As much as the official line is that this wont affect transfers it will, dependent on who owns the club come 1st July we would be shopping in very different pools, why sign several free or low value players when we might have a large transfer budget to use.
Title: Re: Guochuan Lai
Post by: baggie96 on June 04, 2015, 10:14:32 PM
As much as the official line is that this wont affect transfers it will, dependent on who owns the club come 1st July we would be shopping in very different pools, why sign several free or low value players when we might have a large transfer budget to use.

Would gignac depend on the owner do you think?
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 04, 2015, 10:21:32 PM
Doesn't a takeover take around 6 weeks to be ratified as well by the FA until they can take part in their ownership duties?
Title: Re: Guochuan Lai
Post by: Standaman on June 04, 2015, 10:48:21 PM
As much as the official line is that this wont affect transfers it will, dependent on who owns the club come 1st July we would be shopping in very different pools, why sign several free or low value players when we might have a large transfer budget to use.

I honestly don't think the budget changes much this window regardless of the ownership and in a way I hope it doesn't. The worst owners come in all guns blazing in their eagerness to play with their new toy and generally burn a huge amount of cash before the realisation dawns that it is n't a game of fantasy manager.

If the new owners have a willingness to invest I would rather they do it gradually over the long term and mainly in the club's infrastructure rather than some eye catching additions to the first team squad.
Title: Re: Guochuan Lai
Post by: Baggie79 on June 04, 2015, 11:00:31 PM
Doesn't a takeover take around 6 weeks to be ratified as well by the FA until they can take part in their ownership duties?

My point is that if it is clear we will be sold after 2-3 weeks we wont be bringing in any Baird types. The window does not shut until September as well.
Title: Re: Guochuan Lai
Post by: Baggie79 on June 04, 2015, 11:02:57 PM
Would gignac depend on the owner do you think?

No the quality likes of him would go ahead no matter what as he would fit in nearly all teams.
Title: Re: Guochuan Lai
Post by: baggie96 on June 04, 2015, 11:06:36 PM
No the quality likes of him would go ahead no matter what as he would fit in nearly all teams.

Do you think he'll sign?
Title: Re: Guochuan Lai
Post by: Aixelsyd on June 04, 2015, 11:52:29 PM
OK here is some more "hearsay" and "imaginings" on the possibility of Wang Jianlin being a possible new owner.......

In the reports we have seen over the last few months they always talk of possible bids from Far Eastern and American interests.

What is less mentioned is a bid from Australia..... so who could (if they exist) these Australians be?

Honestly no one with the financial clout or interest springs to mind  :(

BUT.....

Last year, Wang Jianlin's "Wanda Group" formed "Wanda Australia" and launched a HK$12.5 billion (AUS$1.57 billion) investment in a major Gold Coast/Surfer's Paradise QLD, Real Estate and Hotel/Resort development.

It was also noted that in the build up to the 2018 completion date, that they would also have a marketing drive to make the development a "household name" in Asia and Europe.

So would owning and Sponsoring a Premier League team help do that?

It might explain the connection to Australia.
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 05, 2015, 12:18:16 AM
Wanda, certainly very active lately..
http://www.afr.com/business/media-and-marketing/chinas-dalian-wanda-buys-cinema-chain-hoyts-20150603-ghfsur
Title: Re: Guochuan Lai
Post by: Semaj Riatsila on June 05, 2015, 01:34:38 AM

Black man rea

nah! It's all just....

"Wishful Thinking"

Lol
Title: Re: Guochuan Lai
Post by: Yacob on June 05, 2015, 02:49:37 AM
Richest man in China sounds good to me  :D wont believe anything until I see an official press release though
Title: Re: Guochuan Lai
Post by: overseas baggie on June 05, 2015, 07:10:52 AM
Some of the comments here seem to be overlooking the FFP rules
Title: Re: Guochuan Lai
Post by: skyclad99 on June 05, 2015, 07:39:29 AM
If it does happen then at least the catering will improve.............

I could use a spring roll or two at half time!
Title: Re: Guochuan Lai
Post by: WBArgo on June 05, 2015, 02:57:24 PM
Some of the comments here seem to be overlooking the FFP rules
The FFP was a flash in the pan and has been relaxed massively. To my knowledge, only Man City truly got burned by it, even then it was only ever in force for last season and as I say has lessened to the point where it's more of a formality then genuinely harming a clubs (excessive) spending.
Title: Re: Guochuan Lai
Post by: BB74 on June 05, 2015, 05:55:25 PM
Sons of Albion are stirring the pot with regards to the Chinese guy.
Title: Re: Guochuan Lai
Post by: Greenock Baggie on June 05, 2015, 05:56:21 PM
Sons of Albion are stirring the pot with regards to the Chinese guy.
Was just about to post exactly this, are they guessing or is there something in the off for tonight according to them ??
Title: Re: Guochuan Lai
Post by: A5HB on June 05, 2015, 06:02:21 PM
Was just about to post exactly this, are they guessing or is there something in the off for tonight according to them ??
A Twitter account for someone called Jonathon Liu tweeted that he would post exciting news regarding the WBA takeover tonight. Chris Lepkowski also follows him.

As far as I can tell he's some kind of Chinese sports journalist. His account only has a few tweets and a small number of followers which is always suspicious but he said its because this is his new English language account to follow his existing Chinese one.
Title: Re: Guochuan Lai
Post by: BB74 on June 05, 2015, 06:03:21 PM
Well it all spiralled from that one comment I mentioned last night from the Birmingham Mail article.

They have just posted this link. No idea who this person is by the way.

https://mobile.twitter.com/JonLiuSport/status/606818095391510528?s=04 (https://mobile.twitter.com/JonLiuSport/status/606818095391510528?s=04)
Title: Re: Guochuan Lai
Post by: popbaggie28 on June 05, 2015, 06:52:24 PM
Sons of Albion just put on Facebook"been sold to the Chinese billionaire been told by a source inside the club"
Title: Re: Guochuan Lai
Post by: Greenock Baggie on June 05, 2015, 06:54:38 PM
Yu rikee saw finger  :P
Title: Re: Guochuan Lai
Post by: Standaman on June 05, 2015, 07:11:50 PM
There may be a Chinese based offer on the table and there maybe developments shortly although if they being announced in the Far East it is unlikely to until markets open about in about 5 hours. However aside from the the now infamous comment on the B'ham Mail article there is nothing concrete to suggest that bid is from Wang Jialin and given his recent purchase of 20% of Atheltico I suspect it isn't

 Or indeed it could be the usual twitter storm and nothing much is about to happen.
Title: Re: Guochuan Lai
Post by: overseas baggie on June 05, 2015, 07:17:13 PM
There may be a Chinese based offer on the table and there maybe developments shortly although if they being announced in the Far East it is unlikely to until markets open about in about 5 hours. However aside from the the now infamous comment on the B'ham Mail article there is nothing concrete to suggest that bid is from Wang Jialin and given his recent purchase of 20% of Atheltico I suspect it isn't

 Or indeed it could be the usual twitter storm and nothing much is about to happen.

Is the market open tomorrow?  Its Saturday
Title: Re: Guochuan Lai
Post by: Standaman on June 05, 2015, 07:23:00 PM
Is the market open tomorrow?  Its Saturday

So today's Friday really!!??  :o Without football at a weekend my life lacks structure.  Good point which just makes me think it less likely there is a a big announcement in the wings.
Title: Re: Guochuan Lai
Post by: Ska-dForLife-WBA on June 05, 2015, 07:27:03 PM
Chris Lepkowski's dismissed the rumours as a figment of social media imagination.
Title: Re: Guochuan Lai
Post by: BB74 on June 05, 2015, 07:41:19 PM
Well that's that one then. Next!
Title: Re: Guochuan Lai
Post by: popbaggie28 on June 05, 2015, 07:49:28 PM
Chris Lepkowski's dismissed the rumours as a figment of social media imagination.
where did you see that mate? Just had a look at his twitter feed and nothing on there?
Title: Re: Guochuan Lai
Post by: BB74 on June 05, 2015, 08:12:19 PM
where did you see that mate? Just had a look at his twitter feed and nothing on there?

I can't find anything either.
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 05, 2015, 08:13:00 PM
Richyoko ‏@Richbut
@chrislepkowski heard anything about the richest bloke in Asia buying the club? Or is this hogwash?
Chris Lepkowski
Chris Lepkowski –  ‏@chrislepkowski

@Richbut think the latter bit of your tweet is about right. Figment of social media's imagination
10:28 AM - 5 Jun 2015
1 RETWEET



Title: Re: Guochuan Lai
Post by: Jeremy Roland Peace on June 05, 2015, 08:20:06 PM
Far East owner I think would be bad for us judging by how the recent ones have worked out
Title: Re: Guochuan Lai
Post by: The Black Pearl on June 05, 2015, 09:29:34 PM
Far East owner I think would be bad for us judging by how the recent ones have worked out

If you think the pinstripes were controversial, the new shirt for West Bromwich Dragons will be a humdinger!
Title: Re: Guochuan Lai
Post by: Greenock Baggie on June 05, 2015, 10:28:35 PM
If you think the pinstripes were controversial, the new shirt for West Bromwich Dragons will be a humdinger!
All pink so I hear  :P
Title: Re: Guochuan Lai
Post by: divinewind on June 05, 2015, 11:53:31 PM
Far East owner I think would be bad for us judging by how the recent ones have worked out

Better than an American one. The far east would make us a truly global club.

Don't forget who the first British club to tour China was.
Title: Re: Guochuan Lai
Post by: Londonbaggymike on June 06, 2015, 12:17:27 AM
Better than an American one. The far east would make us a truly global club.

Don't forget who the first British club to tour China was.

But how would we defend free kicks? "Seen one wall you've seen them all," J Trewick.
Title: Re: Guochuan Lai
Post by: divinewind on June 06, 2015, 07:32:36 AM
Ha ha. They did show a bit of thickness on that tour, Bryan Robson said he preferred Spain as he could sunbathe and drink, and Wile was surprised when they had Chinese food for their meals.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 06, 2015, 07:44:31 AM
Is that jonathan liu a genuine person to follow about the sale? He keeps tweeting to say he will have news about it.
Title: Re: Guochuan Lai
Post by: divinewind on June 06, 2015, 08:02:34 AM
A lot of rumours flying about at the moment, but just rumours.

I do think we will we be hearing something one way or the other pretty soon.
Title: Re: Guochuan Lai
Post by: lewisant on June 06, 2015, 08:06:17 AM
Is that jonathan liu a genuine person to follow about the sale? He keeps tweeting to say he will have news about it.

We need to try and find somebody who can translate his Chinese account, see if he's at all credible!
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 06, 2015, 09:06:41 AM
Google translate will do it. I've seen someone else post the same thing on facebook saying there source in london has said the same thing.
Title: Re: Guochuan Lai
Post by: darbolina on June 06, 2015, 10:12:51 AM
Chris Lepowski and Steve Madeley have rubbished the rumours so I think the Jonathin Liu guy is talking S***e! Probably a saddo trying to wind us up ?
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 06, 2015, 10:29:05 AM
I do enjoy this time of year, all that yesterday spiraled from a name being printed in an article to it being a done deal in hours over twitter.
Title: Re: Guochuan Lai
Post by: Baggie79 on June 06, 2015, 11:07:54 AM
I think we should wait for a price to be agreed before we get excited.
Title: Re: Guochuan Lai
Post by: baggie96 on June 06, 2015, 11:09:54 AM
I think we should wait for a price to be agreed before we get excited.

Anything close do you think? Hopefully the new owners have a bit of money
Title: Re: Guochuan Lai
Post by: Baggie79 on June 06, 2015, 11:16:08 AM
Anything close do you think? Hopefully the new owners have a bit of money

Unfortunately only Jeremy knows the answer to that!
Title: Re: Guochuan Lai
Post by: number69 on June 06, 2015, 02:28:24 PM
And presumably the buyers will know!
Title: Re: Guochuan Lai
Post by: Laurie Cunningham on June 06, 2015, 04:17:02 PM
Is this a wind up about Chinese billion heir taking over wba ? i suspect it is  ::)
Title: Re: Guochuan Lai
Post by: baggie38 on June 06, 2015, 04:23:30 PM
Is this a wind up about Chinese billion heir taking over wba ? i suspect it is  ::)

People really think a Chinese billionaire wants to buy us? I have a feeling some will be left Dissapointed when/if this take over happens.
Title: Re: Guochuan Lai
Post by: smethwickw on June 06, 2015, 05:13:12 PM
I think we should wait for a price to be agreed before we get excited.

Which is why I can't see it happening. IMO the price being banded around is unrealistic.
Title: Re: Guochuan Lai
Post by: BAGGIES4LIFE on June 06, 2015, 06:26:52 PM
Just reported on twitter that the chinese billionaire is flying to UK TO COMPLETE THE DEAL on Monday. BIg Big news if its true which he says is 100% true!
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 06, 2015, 06:31:17 PM
That liu just tweeted... @JonLiuSport: #wba epl fans. I have exciting news. As I promised...@JonLiuSport: I am told earlier today that Australia group and Josh Harris from USA have pulled out of West Bromwich deal...@JonLiuSport: Jianlin takeover should be announced on Monday. He is going to england tonight or tomorrow. I am informed this is 100% true....@JonLiuSport: Full article tomorrow, where discuss Jianlin hope of #ucl football in future of West Bromwich and bigger stadia
Title: Re: Guochuan Lai
Post by: slimboyfat1972 on June 06, 2015, 06:31:26 PM
Just reported on twitter that the chinese billionaire is flying to UK TO COMPLETE THE DEAL on Monday. BIg Big news if its true which he says is 100% true!
Just seen that as well.he also stated the Australian buyer has withdrawn their offer.

Only Twitter I know but can always hope  ;D
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 06, 2015, 06:36:30 PM
Which is why I can't see it happening. IMO the price being banded around is unrealistic.

Well I guess you have to know the asset value, fixed costs (Ground, stands, academy etc., and variable costs, (Players resale) and the cash flow, future earnings, potential projected profits, potential liabilities etc. before you can value any business.

As Peace is (I think) an accountant he ought to know where to pitch the value as a starter for negotiations. The investors make an initial valuation, if it's in the right ball park then they are allowed to carry out due diligence. This I believe is to ascertain if the valuation is realistic, then they try to negotiate down on the initial bid based on any risks or what they perceive as risks, for example players contracts, player valuation, pensions etc etc.

So while it is a long way to go, the initial offers were probably in the right ball park and Peace would have checked out the investors ability to pay
 ;)
Title: Re: Guochuan Lai
Post by: HampshireBaggie on June 06, 2015, 06:38:12 PM
Need someone ITK on here or Steve Madeley to come out and dispel the rumours. They are getting out of hand all due to this guy who could be a 14 year old Wolves fan in the wind up.
Title: Re: Guochuan Lai
Post by: BaggieBirdRus on June 06, 2015, 06:48:12 PM
Can't believe any of you lot are actually believe this guy! ;D
Title: Re: Guochuan Lai
Post by: HampshireBaggie on June 06, 2015, 06:51:56 PM
If a takeover was as imminent as that our national media would have been all over it by now.
Title: Re: Guochuan Lai
Post by: Legend on June 06, 2015, 06:53:38 PM
Some random guy on twitter said it so it must be true.
Title: Re: Guochuan Lai
Post by: caravanc58 on June 06, 2015, 06:59:11 PM
Just reported on twitter that the chinese billionaire is flying to UK TO COMPLETE THE DEAL on Monday. BIg Big news if its true which he says is 100% true!
it all sounds like an ice lolly joke to me.
billionaires I would think get someone they employ to do all the work. just cant see a man of his wealth dashing across continents to buy WBA.
why have a dog and bark yourself springs to mind. 
Title: Re: Guochuan Lai
Post by: overseas baggie on June 06, 2015, 07:03:54 PM
it all sounds like an ice lolly joke to me.
billionaires I would think get someone they employ to do all the work. just cant see a man of his wealth dashing across continents to buy WBA.
why have a dog and bark yourself springs to mind.

It depends on why you are doing it.  If it's being done to globally promote his business brand then you would surely expect him to be present for the announcement and related PR

I suspect @jonliusport is ITK (somebody is bound to be and the club itself has said a deal is close) but may well be saying more than he should be saying
Title: Re: Guochuan Lai
Post by: BAGGIES4LIFE on June 06, 2015, 07:04:59 PM
Well someone has been doing due diligence for the last 6 weeks - the boss needs to sign a contract so its possible there is an element of truth. The reporting guy does seem to work for Chinadaily.  If not he had gone to extraordinary lengths for a wind up.
Title: Re: Guochuan Lai
Post by: caravanc58 on June 06, 2015, 07:20:38 PM
It depends on why you are doing it.  If it's being done to globally promote his business brand then you would surely expect him to be present for the announcement and related PR

I suspect @jonliusport is ITK (somebody is bound to be and the club itself has said a deal is close) but may well be saying more than he should be saying
fair point, I own 2 small food outlets on the coast but I don't walk around the sea front with a billboard on my back.
I get the kids to do it .
Title: Re: Guochuan Lai
Post by: smethwickw on June 06, 2015, 07:40:58 PM
fair point, I own 2 small food outlets on the coast but I don't walk around the sea front with a billboard on my back.
I get the kids to do it .

If you were buying another food outlet then you would go yourself to complete the deal. Not send the kids. :D
Title: Re: Guochuan Lai
Post by: Standaman on June 06, 2015, 07:54:02 PM
Well come Monday we will know, there is no way back given how specific the source has been with his predictions but I am amazed that a lone journalist has this story and nobody else in the UK media or anywhere else for that matter is running it.

 On the balance of probability this is nonsense but I could of course be wrong
Title: Re: Guochuan Lai
Post by: caravanc58 on June 06, 2015, 08:01:16 PM
If you were buying another food outlet then you would go yourself to complete the deal. Not send the kids. :D
if I was a billionaire I wouldn't be doing anything except watching the skimpily dressed
girls enjoying a dip in my swimming pool.
Title: Re: Guochuan Lai
Post by: charliemike on June 06, 2015, 08:07:11 PM
Most of the premier league clubs are owned by people with more brass than our Jeremy . Why shouldn't it be our turn .
Title: Re: Guochuan Lai
Post by: caravanc58 on June 06, 2015, 08:15:22 PM
Most of the premier league clubs are owned by people with more brass than our Jeremy . Why shouldn't it be our turn .
I'm undecided whether its good or bad for us to be taken over, cannot see us ever breaking into the top 8 with our current owner and finances because jp has us punching above our weight and gets credit for doing so, a new owner with wealth may elevate us to higher places but its gone badly wrong at many other clubs.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 06, 2015, 08:27:44 PM
I'm undecided whether its good or bad for us to be taken over, cannot see us ever breaking into the top 8 with our current owner and finances because jp has us punching above our weight and gets credit for doing so, a new owner with wealth may elevate us to higher places but its gone badly wrong at many other clubs.
Sometimes you got to go for glory a couple them clubs have won trophies and and in my eyes have fallen league wise but as a result play in a much more entertaining league in the one beneath us. All about opinions if our new owner has money serious money would he want Pulis to be the man to put it all in place.
Title: Re: Guochuan Lai
Post by: geoff on June 06, 2015, 08:41:54 PM
I'm undecided whether its good or bad for us to be taken over, cannot see us ever breaking into the top 8 with our current owner and finances because jp has us punching above our weight and gets credit for doing so, a new owner with wealth may elevate us to higher places but its gone badly wrong at many other clubs.

Me to but one thing is for sure & that is that JP wants to sell. Lets hope he thinks has much about the club has he has said he does.
Title: Re: Guochuan Lai
Post by: smethwickw on June 06, 2015, 08:42:50 PM
I'm undecided whether its good or bad for us to be taken over, cannot see us ever breaking into the top 8 with our current owner and finances because jp has us punching above our weight and gets credit for doing so, a new owner with wealth may elevate us to higher places but its gone badly wrong at many other clubs.

I‘m all for it. The last couple of years have been very stale and without major change I can‘t see things getting better. Whether we become the next Chelsea or the next Pompey at least it will be different.
Title: Re: Guochuan Lai
Post by: charliemike on June 06, 2015, 08:48:44 PM
We most certainly do not want to become a Portsmouth . I would rather JP stop and take an income each year , than to sell to a bunch of crooks
Title: Re: Guochuan Lai
Post by: BobTaylor on June 06, 2015, 08:54:59 PM
I‘m all for it. The last couple of years have been very stale and without major change I can‘t see things getting better. Whether we become the next Chelsea or the next Pompey at least it will be different.
Agree risky but for me the premiership is about finances not about supporters.
Title: Re: Guochuan Lai
Post by: baggie38 on June 06, 2015, 09:11:58 PM
So people genuinely believe the 14th richest man in the world is about to fly over from China to buy us? The story came about via a comment left on the Birmingham mail I'm told it's not him and no disrespect but when a new Twitter account comes about and claim it's "100 percent true" nine times out of ten it's not 100 percent true.
Title: Re: Guochuan Lai
Post by: charliemike on June 06, 2015, 09:18:17 PM
One flew over the cuckoos nest springs to mind . I hope I'm wrong .
Title: Re: Guochuan Lai
Post by: caravanc58 on June 06, 2015, 09:24:16 PM
So people genuinely believe the 14th richest man in the world is about to fly over from China to buy us? The story came about via a comment left on the Birmingham mail I'm told it's not him and no disrespect but when a new Twitter account comes about and claim it's "100 percent true" nine times out of ten it's not 100 percent true.
He's not flying in 38 he's sailing is Chinese junk up the River Tame and docking down the Newton Road before taking a stroll up Forge Lane.
Title: Re: Guochuan Lai
Post by: baggie96 on June 06, 2015, 10:51:25 PM
Definite fake account, he has used someone else's picture tonight from the game. Type in goal2china in Twitter and they have put a picture up if them at the game an hour ago. He's just tweeted the exact same photo  15 minutes ago.
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 06, 2015, 11:27:08 PM
Definite fake account, he has used someone else's picture tonight from the game. Type in goal2china in Twitter and they have put a picture up if them at the game an hour ago. He's just tweeted the exact same photo  15 minutes ago.

It fascinates me how people seem so desperate to believe something when these kind of things appear on social media that they choose to look beyond the obvious wind up nature of the account.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 07, 2015, 01:05:08 AM
That liu just tweeted... @JonLiuSport: #wba epl fans. I have exciting news. As I promised...@JonLiuSport: I am told earlier today that Australia group and Josh Harris from USA have pulled out of West Bromwich deal...@JonLiuSport: Jianlin takeover should be announced on Monday. He is going to england tonight or tomorrow. I am informed this is 100% true....@JonLiuSport: Full article tomorrow, where discuss Jianlin hope of #ucl football in future of West Bromwich and bigger stadia

I'm inclined to disbelieve this based on the too much specific detail of UCL football and bigger stadium before any deal is announced. Having said that this guy does appear to want to invest in football and bought a 20% stake in Atletico Madrid in January according to the BBC. There are also Google searches of previous links to Southampton and Sheff Wed.

More intriguingly this link is interesting:  http://www.bbc.co.uk/news/business-31864427

Title: Re: Guochuan Lai
Post by: addy on June 07, 2015, 01:43:34 AM
That Chinese guy on Twitter seems to like robbing pictures off TripAdvisor and passing them as his own.. what a wind up merchant he is.

https://twitter.com/JonLiuSport/status/607114328941166592

http://www.tripadvisor.com/LocationPhotoDirectLink-g187323-d1230204-i110173823-Axel_Hotel_Berlin-Berlin.html#110173815

The other picture was robbed too. Load of sh*te.
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 07, 2015, 02:05:57 AM
That Chinese guy on Twitter seems to like robbing pictures off TripAdvisor and passing them as his own.. what a wind up merchant he is.

https://twitter.com/JonLiuSport/status/607114328941166592

http://www.tripadvisor.com/LocationPhotoDirectLink-g187323-d1230204-i110173823-Axel_Hotel_Berlin-Berlin.html#110173815

The other picture was robbed too. Load of sh*te.

He didn't need to try too hard to get people to believe him which I find ridiculous. It was obvious from his first couple of tweets there was nothing genuine about any of them. Let's face it all the information he needed was already reported and he just added things on, he must have been pissing himself laughing at everyone retweeting and discussing it.
Title: Re: Guochuan Lai
Post by: Topman on June 07, 2015, 10:49:25 AM
Although the link to the Chinese was always somewhat laughable I find it strange there has been no whispers at all to the identity of whoever is interested, if anyone. I'm fully expecting a release soon saying price could not be agreed etc. I'm not sure if this really has ever been on.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 07, 2015, 10:51:08 AM
There is a interview on bbc him saying he would invest in a British club. However it would have to be the right one.
Title: Re: Guochuan Lai
Post by: overseas baggie on June 07, 2015, 11:34:22 AM
Although the link to the Chinese was always somewhat laughable I find it strange there has been no whispers at all to the identity of whoever is interested, if anyone. I'm fully expecting a release soon saying price could not be agreed etc. I'm not sure if this really has ever been on.

The club's reputation for doing its business behind closed doors is legendary - that particular aspect does not surprise me at all. 
Title: Re: Guochuan Lai
Post by: Sted1990 on June 07, 2015, 01:05:37 PM
The guy on Twitter has just admitted he's winding the fans up. Oh well none us are suprised. Must be a wolves or villa fan on the wind up!
Title: Re: Guochuan Lai
Post by: gerry m on June 07, 2015, 01:18:58 PM
The guy on Twitter has just admitted he's winding the fans up. Oh well none us are suprised. Must be a wolves or villa fan on the wind up!

I insinuated as much but had my comment removed ;D
Title: Re: Guochuan Lai
Post by: OldburyWBA on June 07, 2015, 02:03:41 PM
I insinuated as much but had my comment removed ;D

Comment you had removed was going on about seal fans and led to more pointless posts which also got removed as they added nothing to the actual topic, was nothing to do with whether the whole thing was a wind up or not.
Title: Re: Guochuan Lai
Post by: gerry m on June 07, 2015, 02:13:30 PM
Comment you had removed was going on about seal fans and led to more pointless posts which also got removed as they added nothing to the actual topic, was nothing to do with whether the whole thing was a wind up or not.

Ok. Fair enough
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 07, 2015, 02:19:33 PM
Although the link to the Chinese was always somewhat laughable I find it strange there has been no whispers at all to the identity of whoever is interested, if anyone. I'm fully expecting a release soon saying price could not be agreed etc. I'm not sure if this really has ever been on.

I think the price being banded around of 150 million pounds seems a bit high in my opinion. It wasn't that long ago when I think I recall a valuation of 50-80 million. Using this Chinese guy's 20% investment in Atletico Madrid equating to around 34 million pounds at the time, that would put the club's value at only a little bit more than the price JP apparently is seeking. In no way can we be compared to a club with the status of Atletico.
Title: Re: Guochuan Lai
Post by: charliemike on June 07, 2015, 02:51:59 PM
Yes but we aren't comparing things in the traditional way . Simple question is how much money is there in the Spanish leagues compared to our own . And at the end of this season the increase in TV revenue is amazing . That's why old JP is interested in a sale .
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 07, 2015, 03:29:27 PM
Yes but we aren't comparing things in the traditional way . Simple question is how much money is there in the Spanish leagues compared to our own . And at the end of this season the increase in TV revenue is amazing . That's why old JP is interested in a sale .

Yes I was thinking that the TV money has inflated the price but to virtually double on a valuation not that long ago still seems unrealistic to me.
Title: Re: Guochuan Lai
Post by: divinewind on June 07, 2015, 03:34:48 PM
So what are we to believe now? Reports have said that the Australian and American bidders have dropped out. Is that true. If so is anyone left in? Is a deal in the pipeline or will it still be business as usual under Mr. Peace?

A takeover would be nice especially if someone can push us a bit further than Jezza.

On the other hand we have never been in debt with Jezza, and are making steady progress as a club.

Sometimes it's better the devil you know, but then again a devil with money is more tempting.  :)
Title: Re: Guochuan Lai
Post by: baggie96 on June 07, 2015, 03:40:18 PM
So what are we to believe now? Reports have said that the Australian and American bidders have dropped out. Is that true. If so is anyone left in? Is a deal in the pipeline or will it still be business as usual under Mr. Peace?

A takeover would be nice especially if someone can push us a bit further than Jezza.

On the other hand we have never been in debt with Jezza, and are making steady progress as a club.

Sometimes it's better the devil you know, but then again a devil with money is more tempting.  :)

Those reports were from that fake account.
Title: Re: Guochuan Lai
Post by: divinewind on June 07, 2015, 03:44:26 PM
Yes i know, but how much was false?
Have the Yanks and Aussies pulled out?

Last anyone heard officially from the club was that two bidders were in discussion about a takeover and were being shown around the place.

Silence ever since.

The PR at B17 is very poor to say the least.
Title: Re: Guochuan Lai
Post by: divinewind on June 07, 2015, 03:46:15 PM
That should read B71 not a Flying Fortress.
Title: Re: Guochuan Lai
Post by: BigFrank20 on June 07, 2015, 03:59:28 PM
Take over rumours are not PR they are rumours.
The Albion in recent years, quite rightly, have almost never had anything to say about anything unless the details were signed, sealed and delivered and that ranges from transfers, kit and kit sponsors, new tea lady or new owners.
Chill out a little, relax and enjoy the football free summer  8) and what will be will be.
Title: Re: Guochuan Lai
Post by: Standaman on June 07, 2015, 04:13:16 PM
I think the price being banded around of 150 million pounds seems a bit high in my opinion. It wasn't that long ago when I think I recall a valuation of 50-80 million. Using this Chinese guy's 20% investment in Atletico Madrid equating to around 34 million pounds at the time, that would put the club's value at only a little bit more than the price JP apparently is seeking. In no way can we be compared to a club with the status of Atletico.

Atheltico have a turnover of roughly £150m (but only in a season when they have Champions League football) compared to ours which for the same period was £86m. They operate at a loss which is balanced by the sale of their best players which is an obvious threat to their champions league status which is worth about £30m a year. In addition there is more than £100m of accumulated debt sitting on the balance sheet.

On the other hand we operate at a profit have no debt are not selling our better players to meet our operating expenses. In addition our turnover is set to go to go up by approximately £30m provided we hold onto Premier League status.

Albion's sale price is less than twice turnover (1.75 times) which reflects the financial health of the club Althletico's is 1.17 times turnover which again reflects the relative financial strength of the club. 




Title: Re: Guochuan Lai
Post by: charliemike on June 07, 2015, 04:16:34 PM
Succinctly put standaman . Are you JP in disguise ?
Title: Re: Guochuan Lai
Post by: divinewind on June 07, 2015, 04:45:11 PM
Chill out Frank?

I am a Baggie, we aren't used to chilling out even if we are winning 3-0.  ;)
Title: Re: Guochuan Lai
Post by: stsbatl on June 07, 2015, 08:02:01 PM
Asxfar as i know the Aussie bid is still alive and kicking.......
Title: Re: Guochuan Lai
Post by: BobTaylor on June 07, 2015, 08:10:28 PM
The rumours are getting a tad out of control now.
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 07, 2015, 09:25:48 PM
All will be revealed one way or another.
We poor mortals have no control, so sit back and enjoy the ride.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 07, 2015, 10:50:51 PM
Atheltico have a turnover of roughly £150m (but only in a season when they have Champions League football) compared to ours which for the same period was £86m. They operate at a loss which is balanced by the sale of their best players which is an obvious threat to their champions league status which is worth about £30m a year. In addition there is more than £100m of accumulated debt sitting on the balance sheet.

On the other hand we operate at a profit have no debt are not selling our better players to meet our operating expenses. In addition our turnover is set to go to go up by approximately £30m provided we hold onto Premier League status.

Albion's sale price is less than twice turnover (1.75 times) which reflects the financial health of the club Althletico's is 1.17 times turnover which again reflects the relative financial strength of the club.

Good research Standaman. My comparison was purely on the status of each club ignoring the financial details that you have dug out.
Title: Re: Guochuan Lai
Post by: baggie96 on June 08, 2015, 01:19:10 PM
I've heard that an American group are most likely to take over. Only rumours though.
Title: Re: Guochuan Lai
Post by: WBArgo on June 08, 2015, 01:32:25 PM
I've heard that an American group are most likely to take over. Only rumours though.
We'll be re-named the West Bromwich Throstlers
Title: Re: Guochuan Lai
Post by: Yamaka on June 08, 2015, 01:34:29 PM
We'll be re-named the West Bromwich Throstlers

More like The Sandwell Eagles  ::)
Title: Re: Guochuan Lai
Post by: stsbatl on June 08, 2015, 03:29:00 PM
I've heard that an American group are most likely to take over. Only rumours though.
...and I've been told the Australians are most likely. Gotta love the rumour mill.
Title: Re: Guochuan Lai
Post by: kc56wba on June 08, 2015, 03:40:52 PM
...and I've been told the Australians are most likely. Gotta love the rumour mill.
That's what I heard yesterday but then I heard it was a mega rich Malaysian / Australian guy who makes the Chelsea Russian guy Abramocich  look poor. When asked for the source of this info the chap has not come back to me. Looks like another bull sh1t story.
Title: Re: Guochuan Lai
Post by: IrememberJohnny Nicholls on June 08, 2015, 03:49:28 PM
Succinctly put standaman . Are you JP in disguise ?

No. He's Spartacus. So am I.
Title: Re: Guochuan Lai
Post by: baggie53 on June 08, 2015, 09:15:47 PM
It's a Chinese-American-Malaysian-Thai consortium headed up by a Russian  :P
Title: Re: Guochuan Lai
Post by: A5HB on June 08, 2015, 09:36:37 PM
I know nothing about any of the respective groups, but my preference has always been the Australian group.

To my knowledge there haven't been any Australian owners in the Premier League before, so it would be an interesting first step. I also feel that Australians culturally have a very good sporting appetite, they really 'get it' and I think the transition may well be smoother and the risk smaller than an American or Asian bid.

This is only based on past experiences of American and Asian owners at other clubs, and I would never assume anything about either party without knowing who they include, but my gut instinct was that an Australian group would be best, if not just for the step into the unknown.
Title: Re: Guochuan Lai
Post by: VANDERLEI on June 08, 2015, 09:39:31 PM
It's Frank Skinner. 100%.
Title: Re: Guochuan Lai
Post by: AshD on June 09, 2015, 08:47:36 AM
It's Frank Skinner. 100%.

Nah, I've heard Lenny Henry, with the financial support of Premier Inn, is taking over!!! Reliable source...100% ITK!
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 09, 2015, 09:15:29 AM
What about all Albion superstar supporters chip in
Title: Re: Guochuan Lai
Post by: kc56wba on June 09, 2015, 09:49:38 AM
I just love all the rumours, I got a funny feeling nothing will happen and JP will still be at the helm.
Title: Re: Guochuan Lai
Post by: Topman on June 09, 2015, 10:24:38 AM
I just love all the rumours, I got a funny feeling nothing will happen and JP will still be at the helm.

I agree. I think this will happen, and now the season ticket deadline has passed it will be announced soon I feel. Something like price could not be agreed
Title: Re: Guochuan Lai
Post by: collins101 on June 09, 2015, 11:36:31 AM
I wonder if the same companies who have been doing due diligence with the vile were also looking at us ? I noticed they've entered an exclusivity agreement with one of them now.
Title: Re: Guochuan Lai
Post by: tuamigos on June 09, 2015, 01:01:07 PM
I just love all the rumours, I got a funny feeling nothing will happen and JP will still be at the helm.

Not the worst outcome to be honest.
Slightly nervous about these new investors!
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 09, 2015, 01:02:52 PM
Tone will keep us up for another season under Peace
Title: Re: Guochuan Lai
Post by: tambag on June 10, 2015, 09:20:10 AM
Is Tom Ross guessing ??

http://www.birminghammail.co.uk/sport/football/football-news/tom-ross-aston-villa-birmingham-9423549

Albion could be the first to go with owner Jeremy Peace saying he is close to agreeing a deal with an unnamed business.
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 10, 2015, 09:25:09 AM
Well it reads as if JP has told people a deal is close so it doesn't look as though he's guessing but you never know with Tom Ross. He also says nothing is likely to happen with Villa anytime soon but the media would have you believe they are pretty close to being sold.
Title: Re: Guochuan Lai
Post by: Sappa on June 10, 2015, 05:02:09 PM
It's looking like the Chinese consortium as with first step the new away kit red and the 1978 logo. Didn't West Brom tour China in 1978?
Title: Re: Guochuan Lai
Post by: ian66 on June 10, 2015, 05:10:00 PM
It's looking like the Chinese consortium as with first step the new away kit red and the 1978 logo. Didn't West Brom tour China in 1978?
They may switch it to be our home kit.
Title: Re: Guochuan Lai
Post by: divinewind on June 10, 2015, 05:12:00 PM
I'm not believing a word of it. lol  It's season ticket selling time.

Any players from barca for sale?  ;)
Title: Re: Guochuan Lai
Post by: kc56wba on June 12, 2015, 01:32:39 PM
The Chinese rumour is starting again, oh here we go again.  >:(
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 12, 2015, 01:35:22 PM
The Chinese rumour is starting again, oh here we go again.  >:(


chinese whispers eh
Title: Re: Guochuan Lai
Post by: kc56wba on June 12, 2015, 01:46:58 PM

chinese whispers eh
From a Chinese bloke maybe.
Title: Re: Guochuan Lai
Post by: baggie96 on June 12, 2015, 01:49:28 PM
The Chinese rumour is starting again, oh here we go again.  >:(

Where?
Title: Re: Guochuan Lai
Post by: kc56wba on June 12, 2015, 02:00:52 PM
Where?
Had a couple of texts this morning saying it's going to happen, someone in the club has told someone who as told someone else, etc etc so I have been told. Don't know if it's true, just saying what I heard. Might be bull and I think it is but thought I would you lot know that the rumours have not finished.
Title: Re: Guochuan Lai
Post by: charliemike on June 12, 2015, 02:29:40 PM
So really we are none the wiser .
Title: Re: Guochuan Lai
Post by: tuamigos on June 12, 2015, 03:05:13 PM
I wonder what Wing-Yip across the front of our shirts will look like?
Title: Re: Guochuan Lai
Post by: Signor_Maresca on June 12, 2015, 03:16:33 PM
Would be nice if Bill Howell of the Birmingham Mail or Steve Madeley of the Express and Star could actually unearth a microscopic morsel of information on this, their coverage of a matter which could make a massive impact on the club has been nothing short of embarrassing.  Instead the Mail have been churning out pointless, speculative articles about bogus transfer targets day in day out.
Title: Re: Guochuan Lai
Post by: divinewind on June 12, 2015, 03:28:31 PM
TBH i would prefer Chinese owners whoever they might be. Asia and especially China is where the future of football lies. Think of all the revenue and tv rights we would get. We would become a truly global brand.

Americans don't take the game seriously,they are just businessmen, the Aussies like cricket and tying Kangaroos down.
I know there have been some dodgy Chinese owners, but let's face it, any buyer is a gamble.
Title: Re: Guochuan Lai
Post by: seteefeet on June 12, 2015, 04:08:17 PM
TBH i would prefer Chinese owners whoever they might be. Asia and especially China is where the future of football lies. Think of all the revenue and tv rights we would get. We would become a truly global brand.

Americans don't take the game seriously,they are just businessmen, the Aussies like cricket and tying Kangaroos down.
I know there have been some dodgy Chinese owners, but let's face it, any buyer is a gamble.
America's attitude may change after the Fifa revamp. They will probably replace the World Cup with a World Series with only them in it!
Title: Re: Guochuan Lai
Post by: baggie53 on June 12, 2015, 06:06:44 PM
Wing Wah !

Change all the food outlets over to spring rolls
Title: Re: Guochuan Lai
Post by: Legend on June 12, 2015, 06:10:47 PM
I'm crossing my fingers that Peace stays, don't like the alternatives to be honest. I think with Peace we are in good hands.
Title: Re: Guochuan Lai
Post by: smethwickw on June 12, 2015, 06:21:39 PM
I'm crossing my fingers that Peace stays, don't like the alternatives to be honest. I think with Peace we are in good hands.

The trouble is if we stay under JP's control we will stand still and eventually go backwards. The last couple of seasons have highlighted this and we have become stale. I just can't see how things can improve if JP does stay. The excitement of new owners will hopefully spice things up a bit and hopefully see us move forward.
Title: Re: Guochuan Lai
Post by: WSBaggie on June 12, 2015, 09:14:46 PM
The trouble is if we stay under JP's control we will stand still and eventually go backwards. The last couple of seasons have highlighted this and we have become stale. I just can't see how things can improve if JP does stay. The excitement of new owners will hopefully spice things up a bit and hopefully see us move forward.

Unfortunately there's no move forward. Each year starts and everybody from 7th look to make 40 points and go from there. Safety is all we can realistically aim for, the gap at the top is untouchable now and that is the sad state of modern day football.
Title: Re: Guochuan Lai
Post by: caravanc58 on June 12, 2015, 10:05:05 PM
will be surprised if this take over doesn't effect our transfer dealings this summer contrary to what noises came from the club saying it wouldn't, didn't JP set a deadline for the end of may or early june for a figure to be agreed, fast approaching mid june so even if a buyout was agreed in the very near future it would still take weeks to finalise.
Title: Re: Guochuan Lai
Post by: monkey nuts on June 12, 2015, 10:25:00 PM
The chinese involved have always been the number one choice that's why quickbook have gone to villa just people got duped by that account on twitter last week
Title: Re: Guochuan Lai
Post by: Mo on June 12, 2015, 10:29:48 PM
I would say there has been someone in the background for some time hence the appointment of Pulis. Peace needed to keep the club up or the whole thing would have been jeopardised . I would like to think that pulis will have been told of the jntention right from the start.  Has to be said the way the media have failed to get hold of any news particularly as they are scratching around for stories is incredible.
Title: Re: Guochuan Lai
Post by: cads_ap_albion on June 14, 2015, 04:34:08 PM
I was told today there were three buyers for Albion. A good source confirming what we know already.
1. Australia - rumoured to be Westfield group backed is it??
2. Chinese unknown
3. Quick books from USA.

As all know quick books dropped out and will be buying villa.

Apparently Australia in driving seat.
Title: Re: Guochuan Lai
Post by: BB74 on June 14, 2015, 04:38:35 PM
Westfield isn't an Australian based firm anymore though?
Title: Re: Guochuan Lai
Post by: telford baggie on June 14, 2015, 04:45:08 PM
with 7weeks until the season kicks off surely sometime in the next 2weeks we should be hearing something official..we cant afford to let it drag on longer thatn 2 more weeks
Title: Re: Guochuan Lai
Post by: gerry m on June 14, 2015, 04:45:44 PM
Westfield isn't an Australian based firm anymore though?


The Westfield i am thinking Are a large European Shopping Mall concern. Is it them?
Title: Re: Guochuan Lai
Post by: BB74 on June 14, 2015, 05:09:19 PM


The Westfield i am thinking Are a large European Shopping Mall concern. Is it them?

Used to have merry hill and a few others in the uk. It was once australian based but was taken over. Sure it's American now so the post above really don't make sense unless it is the former Westfield owners.
Title: Re: Guochuan Lai
Post by: fatboy_coach on June 14, 2015, 05:25:29 PM
Lendlease are Australian and property developers, they own Bluewater amongst others. Missus used to work for them, but she's unsure if owning a football club is their style but never say never.
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 14, 2015, 06:02:07 PM
Westfield group owner , billionaire frank lowy, very much involved in football, headed up Australian World Cup bid. Has the money and the love of the game.
Title: Re: Guochuan Lai
Post by: BB74 on June 14, 2015, 06:06:29 PM
All 84 years of him. Can't see it being Frank Lowy to be honest.
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 14, 2015, 06:14:50 PM
If it is to be an Australian company, Westfield would be without doubt my pick of who it could be.
Title: Re: Guochuan Lai
Post by: Mo on June 14, 2015, 06:27:33 PM
All 84 years of him. Can't see it being Frank Lowy to be honest.

What about his son Steven he also has an interest in football .
Title: Re: Guochuan Lai
Post by: geoff on June 14, 2015, 06:30:58 PM
Theres a lot of wishful thinking going on here i'm thinking  ;)
Title: Re: Guochuan Lai
Post by: Signor_Maresca on June 14, 2015, 06:53:48 PM
I heard an Australian was in the driving seat a few weeks ago, never know what to believe but this seems to back it up.  Either way this needs to be sorted within the next 10-14 days in my opinion, players are back in on the 29th.
Title: Re: Guochuan Lai
Post by: Albionic on June 14, 2015, 06:57:26 PM
is Jason Davidson still on the books?
What is Tim Cahill upto now?

or am I getting previous
Title: Re: Guochuan Lai
Post by: stokelad84 on June 14, 2015, 07:28:28 PM
Mile Jedinak is the Australian Captain... (Just throwing it out there!)
Title: Re: Guochuan Lai
Post by: Standaman on June 14, 2015, 07:54:10 PM
Again I would be surprised if we are taken over by a major corporate entity like Westfield or Intuit who I doubt are taking over the Villa despite their new sponsorship deal.
Title: Re: Guochuan Lai
Post by: hunsletbaggie on June 14, 2015, 08:34:19 PM
 Westfield are definitely after a football club they tried to buy Leeds United off Bates in 2012 I think the blokes name was Frank Lowy I remember it in the Leeds local press.
Title: Re: Guochuan Lai
Post by: BB74 on June 14, 2015, 08:54:55 PM
Westfield are definitely after a football club they tried to buy Leeds United off Bates in 2012 I think the blokes name was Frank Lowy I remember it in the Leeds local press.

You're right but it was in 2010.

http://www.thescratchingshed.com/2010/04/is-frank-lowy-to-be-leeds-billionaire-saviour/ (http://www.thescratchingshed.com/2010/04/is-frank-lowy-to-be-leeds-billionaire-saviour/)
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 15, 2015, 09:23:41 AM
Either way this is bound to be effecting the season we may have. The player turn around is even greater than last year. Most signings never came off in the summer. We need to get on with it. Don't understand what's going on? Either nothing's happening or the club have become excellent at hide things.
Title: Re: Guochuan Lai
Post by: AshD on June 15, 2015, 09:29:01 AM
I'm crossing my fingers that Peace stays, don't like the alternatives to be honest. I think with Peace we are in good hands.

How can you say you don't like the alternatives when we have no idea what the alternatives are!?!
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 09:39:53 AM
I think Peace has taken us as far as he can. Under his continued ownership we will tread water for a bit and then sink.
I think Peace knows it as well,hence the reason for wanting to sell.
What suddenly hit me is how totalitarian WBA has become. The boardroom has always been a closed shop, but it was also a democratic one, and we even had old players sitting on the board giving the playing side view.

Over the years Peace has taken over the board bit by bit, until he is the most powerful chairman we have ever had in our history.
Whether that is good or bad will divide opinions, but i think it is time we brought in fresh owners to push on in this Ever changing football world.
Who knows what the premiership will look like 10 years from now, i just hope we are still in it and doing well, on and off the pitch.
Title: Re: Guochuan Lai
Post by: Do I not like Wolves on June 15, 2015, 12:23:54 PM
I think Peace has taken us as far as he can. Under his continued ownership we will tread water for a bit and then sink.
I think Peace knows it as well,hence the reason for wanting to sell.
What suddenly hit me is how totalitarian WBA has become. The boardroom has always been a closed shop, but it was also a democratic one, and we even had old players sitting on the board giving the playing side view.

Over the years Peace has taken over the board bit by bit, until he is the most powerful chairman we have ever had in our history.
Whether that is good or bad will divide opinions, but i think it is time we brought in fresh owners to push on in this Ever changing football world.
Who knows what the premiership will look like 10 years from now, i just hope we are still in it and doing well, on and off the pitch.

Better the Devil you know - be careful what you wish for! I am a big JP fan for the way he has run the club.
Title: Re: Guochuan Lai
Post by: hunsletbaggie on June 15, 2015, 12:31:57 PM
Better the Devil you know - be careful what you wish for! I am a big JP fan for the way he has run the club.
So you are happy with a chairman who admitted we are basically bottom end premiership to a mid table chump outfit.There's ambition for you!
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 12:33:22 PM
Has is the operative word.

The game is changing now quicker than it has ever before.

We need to keep up or be left behind with the Wednesday's, forest's leeds and the shower from Wolvo.
Title: Re: Guochuan Lai
Post by: Do I not like Wolves on June 15, 2015, 12:44:09 PM
So you are happy with a chairman who admitted we are basically bottom end premiership to a mid table chump outfit.There's ambition for you!
Having been an Albion fan for 46 years I have been through the depths of despair in fact far more lows than highs -  usually the result of a poor boardroom. The only real highs were those under Giles, Atkinson and Allen. Hence i much prefer a stable boardroom, reliable manager with the chance of a good cup run and mid table league position. The investment required to take us into the top 8 would be massive and is unlikely to come. Just a realist really!
Title: Re: Guochuan Lai
Post by: tommcneill on June 15, 2015, 12:44:41 PM
So you are happy with a chairman who admitted we are basically bottom end premiership to a mid table chump outfit.There's ambition for you!

And where did we finish this year, where do we finish most years??

He wouldnt be wrong would he....and 'basically' means he hasnt said it, thats how you have interpreted his words....show me in exact words where he said that and ill believe you.

JP has done a brilliant job at this club, simple as that!

Be interested too know how far along a new buyer is



Title: Re: Guochuan Lai
Post by: smethwickw on June 15, 2015, 12:53:15 PM
Better the Devil you know - be careful what you wish for! I am a big JP fan for the way he has run the club.

I don't think it would take a great deal of effort to push us on to the next level. By that I mean good cup runs and squeezing into Europe. Teams like Swansea and Southampton have proved it can be done recently. We won't achieve this with JP in charge IMO. We've regressed over the last 2 seasons because we've stood still. We were very lucky that TP was available or else we'd have gone this season. TP needs backing this summer which if JP stays I can't see happening and next season will be another struggle.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 15, 2015, 01:02:40 PM
So you are happy with a chairman who admitted we are basically bottom end premiership to a mid table chump outfit.There's ambition for you!

Anyone who uses this quote to prove Peace's lack of ambition obviously never read the full interview or has any idea of the context. How it's still being bandied about is testament to just how little people bother to get some context on the stuff they read on Twitter / hearsay / other people's opinions.
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 01:08:35 PM
Peace has done well for us financially, yes. But we are still no better when it comes to signing players than we were 10 years ago.
He did remarkably well securing the services of Roy Hodgson,which gave us our best ever finishes. But then we went back to the untried untested.
We just about survived under Mel, and Peace came out and said. OK i have learned a lesson, i will be more proactive in the future....and then he appoints Alan Irvine.
Make no mistake, had it not been for the anger of the fans Irvine, Downing and Keily would not have been sacked and we would have been down.
You have even all heard it from the horses mouth, a mid table championship club punching above it's weight.
Punching above it's weight soley to the fact that Peace has no wish to invest on the playing side of the club,and is totally blind or ignorant toe the history and traditions of West Bromwich Albion.

Thanks for everything Jeremy, now run along.
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on June 15, 2015, 01:28:36 PM
So you are happy with a chairman who admitted we are basically bottom end premiership to a mid table chump outfit.There's ambition for you!

Seriously mate, that's a huge misquote context wise.
Title: Re: Guochuan Lai
Post by: tuamigos on June 15, 2015, 01:29:57 PM
I don't think it would take a great deal of effort to push us on to the next level. By that I mean good cup runs and squeezing into Europe. Teams like Swansea and Southampton have proved it can be done recently. We won't achieve this with JP in charge IMO. We've regressed over the last 2 seasons because we've stood still. We were very lucky that TP was available or else we'd have gone this season. TP needs backing this summer which if JP stays I can't see happening and next season will be another struggle.

It wasn't JP that told the team to go out and play like dingbats against the veela and thus deprive us of a possible cup final place or told Foster to come our like a banshi with seconds to go against the same opposition.
It wasn't JP that told the team to perform way below par against the likes of QPR and Leicester.
We're never going to be Champions league contenders because nobody in their right mind would invest that amount of money into us, but with a few tweaks and sensible investment we can put ourselves in a position where we are challenging for domestic cup honours  and possible UEFA cup places.
We need to build positively year on year not dive in and throw cash at it, I don't believe that most fans want to see that anyway.
I for one hope that the new consortium have the good sense to leave JP at the helm during the transitional period.
As others have said better the devil you know.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 01:31:15 PM
Wasn't we a mid table championship side before peace took over ?, I started watching games when we first got promoted I would never of imagined that we would of had footballing figures like hodgson, kanu, Lukaku, odemwan.er, Fletcher, lescott come to our club we have progressed so well unfortunately things have gone a bit stale the last couple years hence peace wanting to sell, I believe he has said he wants someone to come in and take us to the next level.

Don't get the haters we have had good and bad moments same as any club but the majority have been good years under Jeremy and we have reached some fantastic heights to.

Maybe the stumbling block is the new owners want old tone gone ?  :D with new investment comes a lot of unknown grounds.
Title: Re: Guochuan Lai
Post by: charliemike on June 15, 2015, 01:38:21 PM
People have got short and selective memories . Remember when we beat port vale . I never thought we would get to the big money league . I would like to see a takeover we all would , but on the bigger picture we are in a fantastic shape and much of that is down to Jeremy .
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 01:45:42 PM
All i am saying is that yes, Jeremy has put the club on a strong foundation, but by his own admittance cannot take us any further.

We have two choices, we either stay under his leadership and slip back into obscurity, missing out on the sky millions, or take a gamble, and yes, it is a gamble, by selling the club to someone who CAN push us on.

The frst alternative is championship, the second could well be, but might not.

I know which i would prefer.    Mankind would have never got out of a cave without change and risks.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 15, 2015, 01:51:55 PM
I've had to set aside my fairly entrenched views on Peace.  We are soon to start our sixth consecutive season in the PL.  I think almost everything about the club has improved significantly during his tenure.  I doubt whether it would be possible to find a shorter or smoother ride to where we are today without that sugar daddy (or even with it - see wulfs).  I, kind of, feel proud when I see WBA (nil debt) 3 - 0 (£1bn debt) Chelsea...

I reserve my criticism of Peace for areas such as fan interaction, financial openness and the fact that someone who is a 'fan' can plan to benefit to the tune of £150m after recovering his initial investment many years ago.  As a fan I don't think I could just take all the money and retire to Barbados.  I'd want to find a way to pay my dues and share the benefit.  Maybe I'm weird?  I like £s, but I love West Brom.
Title: Re: Guochuan Lai
Post by: charliemike on June 15, 2015, 01:53:15 PM
On what basis are we predicted to go back to the championship ? We finished 13 th last year . The big big money comes this year . Including 4 years of help to clubs that are relegated   I remain happy and optimistic and hope Jeremy stays .
Title: Re: Guochuan Lai
Post by: skyclad99 on June 15, 2015, 02:02:32 PM
I've had to set aside my fairly entrenched views on Peace.  We are soon to start our sixth consecutive season in the PL.  I think almost everything about the club has improved significantly during his tenure.  I doubt whether it would be possible to find a shorter or smoother ride to where we are today without that sugar daddy (or even with it - see wulfs).  I, kind of, feel proud when I see WBA (nil debt) 3 - 0 (£1bn debt) Chelsea...

I reserve my criticism of Peace for areas such as fan interaction, financial openness and the fact that someone who is a 'fan' can plan to benefit to the tune of £150m after recovering his initial investment many years ago.  As a fan I don't think I could just take all the money and retire to Barbados.  I'd want to find a way to pay my dues and share the benefit.  Maybe I'm weird?  I like £s, but I love West Brom.

Good post. Agree with every word.

At this moment in time he is a safe pair of hands. It was the same with Eliis at the vile, and everybody wanted shot of him for progression purposes.... that went well didn't it.

For me at this moment in time progression is knocking on the door of a Europa spot with a good cup run or two. When we find ourselves in that position we can re appraise our progress then, but I really don't want the club to go into masses of debt at the hands of a money orientated foreign investor for the sake of 'progress'. Also, I don't want to buy the title either........but you make some valid points about JP.
Title: Re: Guochuan Lai
Post by: tuamigos on June 15, 2015, 02:10:21 PM
just as a matter of interest I keep reading about us 'getting to the next level'
What does that actually mean?
With a few tweaks we can be challenging for the domestic cups and finish in the top half of the Prem.
What are we actually looking to be doing?
Title: Re: Guochuan Lai
Post by: gablythe on June 15, 2015, 02:10:43 PM
I don't mind if we buy the title. Fat chance.
Title: Re: Guochuan Lai
Post by: garry on June 15, 2015, 02:13:13 PM
I'm prepared to give Peace the benefit of the doubt at the moment.
Maybe the sticking point is not him haggling about the money.
Perhaps, as a fan, he is making sure that the club passes on to someone who will continue, as he has done, to act in the best interests of the club.
Perhaps he is laying down conditions to prevent the situation that we all fear: that we will be the next Portsmouth, for example.
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 02:14:13 PM
It's the only way now i'm afraid.

Who was the last club to do it without money?

Why is Jeremy trying to sell the club? Answers on a postcard please.
Title: Re: Guochuan Lai
Post by: WBArgo on June 15, 2015, 02:14:27 PM
Whether you're for or against Peace selling, I think it's starting to draw on a bit now. As others have said, we really need to be pro-active in the transfer market and get the ball rolling, regardless of our ownership scenario.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 02:40:34 PM
Whether you're for or against Peace selling, I think it's starting to draw on a bit now. As others have said, we really need to be pro-active in the transfer market and get the ball rolling, regardless of our ownership scenario.
I don't see a problem with us having further discussions for the next couple of weeks if it's to bring us the right owners, It is amazing how we keep it so discreet.
Title: Re: Guochuan Lai
Post by: Jeremy Roland Peace on June 15, 2015, 02:43:14 PM
It's the only way now i'm afraid.

Who was the last club to do it without money?

Why is Jeremy trying to sell the club? Answers on a postcard please.

Leeds 91-92 ?
Title: Re: Guochuan Lai
Post by: Hull Baggie on June 15, 2015, 03:27:35 PM
Peace has done well for us financially, yes. But we are still no better when it comes to signing players than we were 10 years ago.
He did remarkably well securing the services of Roy Hodgson,which gave us our best ever finishes. But then we went back to the untried untested.
We just about survived under Mel, and Peace came out and said. OK i have learned a lesson, i will be more proactive in the future....and then he appoints Alan Irvine.
Make no mistake, had it not been for the anger of the fans Irvine, Downing and Keily would not have been sacked and we would have been down.
You have even all heard it from the horses mouth, a mid table championship club punching above it's weight.
Punching above it's weight soley to the fact that Peace has no wish to invest on the playing side of the club,and is totally blind or ignorant toe the history and traditions of West Bromwich Albion.

Thanks for everything Jeremy, now run along.

we finished 8th under Clarke.

I don't think it would take a great deal of effort to push us on to the next level. By that I mean good cup runs and squeezing into Europe. Teams like Swansea and Southampton have proved it can be done recently. We won't achieve this with JP in charge IMO. We've regressed over the last 2 seasons because we've stood still. We were very lucky that TP was available or else we'd have gone this season. TP needs backing this summer which if JP stays I can't see happening and next season will be another struggle.

that's a good trick, how do you regress while standing still?
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 03:38:54 PM
Maybe he means like Charlton did ? Stood still for so long they moved backwards.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 15, 2015, 04:09:49 PM
Some hilariously blinkered views here not worthy of dissecting and commenting on. One comment however,  that staying under Peace's leadership we will disappear into obscurity is absolutely ridiculous. We've progressed so much under him, why would we suddenly disappear into obscurity with him still in charge? That would be a huge task. Wolves got relegated twice and didn't slip into obscurity. Suggesting the two choices are stick with Peace and slip into obscurity or change ownership and that's less of a risk is very naive.

And last I checked he's trying to sell the club, why now lay into him for taking us as far as he can? He's trying to sell us for goodness sake, he's not dragging his feet trying to rudderlessly steer us into obscurity - he wants out. Can't have a go at him for taking us as far as he can unless he refuses to go.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 15, 2015, 04:13:07 PM
And last I checked he's trying to sell the club, why now lay into him for taking us as far as he can? He's trying to sell us for goodness sake, he's not dragging his feet trying to rudderlessly steer us into obscurity - he wants out. Can't have a go at him for taking us as far as he can unless he refuses to go.

Does he want out because he thinks that this moment in time represents the best foreseeable return on his investment or is it because he thinks its in the best interests of the club if he stands aside and lets someone with more financial clout take over?
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 04:13:18 PM
Here's an interesting one who thinks we will get taken over and who thinks jezza will stay on, Would be an interesting poll.
Title: Re: Guochuan Lai
Post by: monkey nuts on June 15, 2015, 04:18:28 PM
Maybe he means like Charlton did ? Stood still for so long they moved backwards.
Only because they sacked curbs to be fair they thought they could get better and then looked what happened
Title: Re: Guochuan Lai
Post by: monkey nuts on June 15, 2015, 04:23:12 PM
Here's an interesting one who thinks we will get taken over and who thinks jezza will stay on, Would be an interesting poll.
Think he'll sell personally but these things take a bit of time would anyone spend 150mil without due process, even when the due diligence finished at maybe end of may it would still take at least 4 to 6 weeks to sort out so should be hearing something soon I would think as if it had fell through I would have thought we'd know by now
Title: Re: Guochuan Lai
Post by: Ska-dForLife-WBA on June 15, 2015, 04:25:23 PM
Peace has no wish to invest on the playing side of the club,and is totally blind or ignorant toe the history and traditions of West Bromwich Albion.

So "blind" and "ignorant" to Albion's history and tradition that he bombed Nicolas Anelka out of the club at a time when we desperately needed strikers simply because Anelka had disgraced the proud anti-racist principles of the club?  Let's face it; unless we're taken over by a consortium of fans (which, for the record, I wouldn't be opposed to), you'll struggle to find a prospective owner on the planet who understands this club and its history better than Jeremy Peace.

I'd also be interested to hear where this magical land we're supposed to be "pushing on" to is located, because unless it's the Champions League - which is now a permanently closed shop, and no team from outside the elite has broken into in a decade - there's literally no point in an owner spending their own money to move us up the table, because they'll get nothing back.  You may as well spend your days wishing that the royal family will turn you into a prince because they feel sorry for you.
Title: Re: Guochuan Lai
Post by: seteefeet on June 15, 2015, 04:27:56 PM
Unfortunately standing still is considered success in the greed league.
Lerner thought he could get Villa in with the big boys, then once he realised it was a closed shop, he closed his wallet and settled for survival.
Peace has done a fantastic job to keep us in there but I think he realises now that it's groundhog day, every summer you have to spend more, but your target is still the same - survive!
We finished 13th this season but our target next year will not be 12th it will 17th.
I honestly don't see how this changes, whoever comes in.
Title: Re: Guochuan Lai
Post by: smethwickw on June 15, 2015, 05:08:05 PM
we finished 8th under Clarke.

that's a good trick, how do you regress while standing still?

As the old saying goes...

We have regressed over the last 2 years though. That is fact. We need new investment just maintain our position let alone move to the next level. How many teams can we realistically compete with over transfers now? The 3 promoted teams perhaps and that is all.

Whilst JP has done a good job over his term there is no denying that he's made a hell of a lot of mistakes over the last couple of seasons.
Title: Re: Guochuan Lai
Post by: smethwickw on June 15, 2015, 05:11:25 PM
just as a matter of interest I keep reading about us 'getting to the next level'
What does that actually mean?
With a few tweaks we can be challenging for the domestic cups and finish in the top half of the Prem.
What are we actually looking to be doing?

For me it would be getting into Europe by finishing high up the league or by winning a cup. I think that we are a bit further from a 'few tweaks' to achieve even this IMO.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 15, 2015, 05:30:02 PM
Does he want out because he thinks that this moment in time represents the best foreseeable return on his investment or is it because he thinks its in the best interests of the club if he stands aside and lets someone with more financial clout take over?

Why wouldn't he sell after the next round of Sky money comes in next year? That'd suggest he doesn't think we could stay up with him in charge, which for the last five years (albeit one very near miss) we've done that. If he's all about selling for his best interests and highest return on his money, that'd be next year surely?
Title: Re: Guochuan Lai
Post by: Standaman on June 15, 2015, 05:50:56 PM
Peace will not go on for ever and at some point he will sell up and now is as good as time as any and better than most. 

The new owners whoever they are will not take us to the next level because short of champions league football there is no next level. Most mid-table clubs can take a stab at the cup it generally doesn't end well for them but the latter stages can and will be reached by teams like ourselves and that is within our means without a massive injection of capital.

The following table I have nicked from a blog (by the excellent Swiss Ramble) about Newcastle but it demonstrates the point

http://4.bp.blogspot.com/-wPX-vCSoMD0/VTOuXAmvYJI/AAAAAAAAIfE/Y4LExb_JxQc/s1600/25%2BNewcastle%2BWages%2BGrowth%2B2014.jpg

Basically our wages have grown phenomenally and teams that were way ahead of us like Newcastle and Villa are not that far ahead of us now but Spurs are still on a different planet. Equally you can see that teams like Southampton and Swansea when they are promoted catch up to us very quickly but are likely to plateau without champions league football (like ourselves and Stoke)

In short unless a club can sustain a £100m wage bill then you are pretty much in the same boat as everybody else. The best we can hope for is a safe pair of hands that will grow the club without threatening our future. I dread a Venkays or Fernandes and hope for Peace mark II
Title: Re: Guochuan Lai
Post by: divinewind on June 15, 2015, 07:31:22 PM
I remember a time when some of you on here were organising Peace Out banners. What happened to them?

Face it folks,the bloke has taken us as far as he can, and we weren't mid championship when he took over, we were premiership. Some of you want to learn your history.

Are any of you related to Jezza?
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 08:22:23 PM
I remember a time when some of you on here were organising Peace Out banners. What happened to them?

Face it folks,the bloke has taken us as far as he can, and we weren't mid championship when he took over, we were premiership. Some of you want to learn your history.

Are any of you related to Jezza?
It faded because it was so embarrassing our own fans were even taking the pee I think about 10 people turned up and that's being generous.

When Peace took over we wasn't in the premiership I believe again before my time of following closely.

I think your hugely ungrateful for what he's done he's admitted himself that he doesn't have the finances for us to compete and truthfully considering over the years what we have spent big fees on I wouldn't invest more either.
Title: Re: Guochuan Lai
Post by: Watton...! on June 15, 2015, 08:32:04 PM
In fairness peace took over in the summer of our first premier league season?

Still done a great job moving the club forward on other fronts not just buying players and making us a premier league club in stature, not just status

By which I mean training facilities amongst other things
Title: Re: Guochuan Lai
Post by: BobTaylor on June 15, 2015, 08:38:36 PM
In fairness peace took over in the summer of our first premier league season?

Still done a great job moving the club forward on other fronts not just buying players and making us a premier league club in stature, not just status

By which I mean training facilities amongst other things
The only thing which I would want us to scrap if standards and non existent chances carry on is the academy may be controversial to some but I find it bemusing, confusing and annoying how we don't give the youngsters a chance I say youngsters some of them are 21 now.
Title: Re: Guochuan Lai
Post by: AshD on June 15, 2015, 09:32:07 PM
The only thing which I would want us to scrap if standards and non existent chances carry on is the academy may be controversial to some but I find it bemusing, confusing and annoying how we don't give the youngsters a chance I say youngsters some of them are 21 now.

Maybe they aren't given a chance because they aren't good enough! Berahino has forced his way in, Izzy Brown would have done had he not left.

Our academy is starting to produce players who are pushing...Tyler Roberts and Jonathan Leko both highly rated. If they are good enough, they will force their way in!

Name a youngster who we have let go in recent times who has proved us wrong!?!
Title: Re: Guochuan Lai
Post by: Legend on June 15, 2015, 09:38:07 PM
I remember a time when some of you on here were organising Peace Out banners. What happened to them?

Face it folks,the bloke has taken us as far as he can, and we weren't mid championship when he took over, we were premiership. Some of you want to learn your history.

Are any of you related to Jezza?

We are lightyears ahead of where we were before Peace come in. Look at our facilities now and the sort of players we bring in e.g. Lescott and Fletcher. Be careful what you wish for because some may be wishing Peace was back when our new owner comes in.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 15, 2015, 11:20:16 PM
Peace also voted against financial fair play rules being introduced to make us a more attractive proposition for potential future buyers. But people will stand brand him a stingy dictator who hates the club.
Title: Re: Guochuan Lai
Post by: baggie82 on June 15, 2015, 11:28:10 PM
8th to 10th is the best we can achieve, unless a billionaire takes over and doubles the stadium size and buys a whole new squad, which is never going to happen. Last season we finished 12th? Fact is we can never hope to compete with City, Utd, Chelsea, Arsenal, Liverpool or Spurs. We would also be punching above our weight to compete with Everton, West Spam in their new stadium or the seals if they get their act together. So this is as good as it gets. Yes we can improve the squad and try to rekindle that first half of the year that we had under Clarke or get a cup run going but the better you start the season the more likely you collapse at the turn of the year. Look at West Ham that is gravity for you. Personally I always hope we stay clear of the relegation scrap, win our home games and take the odd scalp of a bigger club and maybe have the odd cup run - that is enough for me and we can't hope to do any better. So I'm not really interested in a new owner. The only upside I could see is potential investment in expanding the stadium which in the long term increases the sustainable revenue and appeal of the club. Downside could be debt, chaos and a fall back to mid table championship team. Peace has proved he can bring success and stability. The majority of chairman don't succeed, I think we take Peace's extraordinary success for granted much of the time.
Title: Re: Guochuan Lai
Post by: divinewind on June 16, 2015, 12:05:02 AM
8th to 10th is the best we can achieve, unless a billionaire takes over and doubles the stadium size and buys a whole new squad, which is never going to happen. Last season we finished 12th? Fact is we can never hope to compete with City, Utd, Chelsea, Arsenal, Liverpool or Spurs. We would also be punching above our weight to compete with Everton, West Spam in their new stadium or the seals if they get their act together. So this is as good as it gets. Yes we can improve the squad and try to rekindle that first half of the year that we had under Clarke or get a cup run going but the better you start the season the more likely you collapse at the turn of the year. Look at West Ham that is gravity for you. Personally I always hope we stay clear of the relegation scrap, win our home games and take the odd scalp of a bigger club and maybe have the odd cup run - that is enough for me and we can't hope to do any better. So I'm not really interested in a new owner. The only upside I could see is potential investment in expanding the stadium which in the long term increases the sustainable revenue and appeal of the club. Downside could be debt, chaos and a fall back to mid table championship team. Peace has proved he can bring success and stability. The majority of chairman don't succeed, I think we take Peace's extraordinary success for granted much of the time.

Yes, that is all we can hope for in the present regime, and i think that is asking a bit too much, struggling aganist relegation every year is more like we can expect.
Are you happy with that? Is that OK as long as Jeremy balances the books, and keeps himself a rich man?

Yes i can remember the bad days, the Wokings, the fall from grace into division three for the first time in our glorious history. Some of you started supporting the Baggies during this awful time, and you deserve to be commended for that.
But for the older Baggies, i am surprised. The 1990's were the only decade in our history that this great club didn't grace the top flight.
We have attendance records and goalscoring records to rival any club in the country.
In the late sixties we got to 4 Cup finals in 5 years and the other year we reached the semis and the quarters of the CWC.
The Vile and the Dingles always dream of being big clubs again. Is it so wrong for an old Baggie to dream the same dreams?

FFS be proud of who we are, what we are, and stop grovelling to a self servant like Peace.

At the end of the day, we all want what is best for our club.

COYB
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 16, 2015, 12:18:27 AM
JP Said the interest, unless confirmed should be concluded by the beginning of June.
We have nothing definite. so FORGET IT.
Title: Re: Guochuan Lai
Post by: caravanc58 on June 16, 2015, 08:05:47 AM
Are we a new football club that's only 20 years old, we've a great history with major honours to our name and played top flight football for the majority of our existence it didn't all begin with the premier league and Jeremy Peace, I agree he's done a good job and made himself a very wealthy man in achieving this but come on to be happy with just survival and decent cup runs shouldn't be our only goal, the leagues a competition and that means your in it try and win it even if its not realistically possible.
you buy a lottery ticket and hope to get the jackpot not three winning balls.

               
Title: Re: Guochuan Lai
Post by: BobTaylor on June 16, 2015, 08:34:11 AM
Are we a new football club that's only 20 years old, we've a great history with major honours to our name and played top flight football for the majority of our existence it didn't all begin with the premier league and Jeremy Peace, I agree he's done a good job and made himself a very wealthy man in achieving this but come on to be happy with just survival and decent cup runs shouldn't be our only goal, the leagues a competition and that means your in it try and win it even if its not realistically possible.
you buy a lottery ticket and hope to get the jackpot not three winning balls.

               
How can you tell we are not in it to win it ? League table doesn't lie everyone deserves there position after 38 games. Main thing for me now is that we can get a result against anyone on our day I would have never said that 5 years ago.
Title: Re: Guochuan Lai
Post by: divinewind on June 16, 2015, 08:48:01 AM
On the other hand,you get clubs like Palace, Southampton, Swansea, Stoke and now even little Bournemouth. All the se clubs put together haven't won anything like what we have, had crowds like we did in the past, or had such a great history as a top flight club.
These clubs would now be favourite to sign any player before us. Why? Because they have rich owners.
Jeremy may be a nice gut, and it's loveley that you all think well of him.
But every passing season,clubs like Palace, ( we thought that was a great 0-2 win away didn't we), and Swansea and Stoke are pulling away from us. While we splash about hoping there are three more teams who will be worse than us.
Don't forget under Peace, the Hawthorns has become a small ground, legends of the club and their families have been snubbed. He even chared fans to see the Championship trophy, i never got to see it.
I can't think of another club that would win something and then refuse to parade it and charge their fans instead.

A step into the unknown can be terrifying, and i would be lying if i said it wouldn't make me nervous. But more seasons of struggle until the chairmans luck finally runs out and he leaves anyway, is not something i relish.

I think if he had put a realistic price on the club we would have been sold by now, but Mr Peace likes to squeeze out every last penny.

£150m for Villa Park or the Hawthorns at the same price. Not rocket science is it?
Title: Re: Guochuan Lai
Post by: BobTaylor on June 16, 2015, 09:13:10 AM
Got nothing to do with Peace, Palace and the likes of are above us at the moment because they have quality wingers and decent strikers they also play a fluent style of football that on there day can sweep teams aside. Very much like our team under Hodgson/Clarke, Quality side full of potential and pace.

Title: Re: Guochuan Lai
Post by: Hayward1984 on June 16, 2015, 09:14:03 AM
A key thing in the value between WBA and Villa is that we are debt free. Whilst unless Randy is willing to work away with massive lose he'll want more dosh to cover his arse.
Title: Re: Guochuan Lai
Post by: hardtobeat on June 16, 2015, 09:24:14 AM
JP Said the interest, unless confirmed should be concluded by the beginning of June.
We have nothing definite. so FORGET IT.
Surely the handing over of the accounts for due diligence IS confirmation of interest??
Title: Re: Guochuan Lai
Post by: kc56wba on June 16, 2015, 09:32:42 AM
One way or the other if JP sticks to his words we will know for sure what has happened in 13 days time.
Title: Re: Guochuan Lai
Post by: divinewind on June 16, 2015, 09:37:36 AM
I think if a deal was close surely something would come out of the club? It's very hard to keep secrets from the media these days.
I would be surprised if it happened to be honest.

The cynical side of me says, it could be another ploy as to why we aren't proactive in the transfer market, unless we are letting players go.
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 16, 2015, 09:50:46 AM
Lets face it apart from the potential buyers themselves who from the club do they actually need to deal with apart from Peace and his lawyers? It isn't like transfers that rarely stay quiet as there are so many involved in it.

Very few people will know where a potential takeover stands and I doubt it would be beneficial to either party for it to be released to the press until its done.
Title: Re: Guochuan Lai
Post by: Standaman on June 16, 2015, 10:00:28 AM
Yes whatever
On the other hand,you get clubs like Palace, Southampton, Swansea, Stoke and now even little Bournemouth. All the se clubs put together haven't won anything like what we have, had crowds like we did in the past, or had such a great history as a top flight club.
These clubs would now be favourite to sign any player before us. Why? Because they have rich owners.
Jeremy may be a nice gut, and it's loveley that you all think well of him.
But every passing season,clubs like Palace, ( we thought that was a great 0-2 win away didn't we), and Swansea and Stoke are pulling away from us. While we splash about hoping there are three more teams who will be worse than us.
Don't forget under Peace, the Hawthorns has become a small ground, legends of the club and their families have been snubbed. He even chared fans to see the Championship trophy, i never got to see it.
I can't think of another club that would win something and then refuse to parade it and charge their fans instead.

A step into the unknown can be terrifying, and i would be lying if i said it wouldn't make me nervous. But more seasons of struggle until the chairmans luck finally runs out and he leaves anyway, is not something i relish.

I think if he had put a realistic price on the club we would have been sold by now, but Mr Peace likes to squeeze out every last penny.

£150m for Villa Park or the Hawthorns at the same price. Not rocket science is it?

Provided a club can get into the Premier League and survive a couple of seasons they are the same as us. History counts for nothing when trying to sign players who will be typically in their 20's possibly from overseas and only interested in three things

1. Money
2. Location and what that means for me and my family
3. Will I play?

How each of those things rank depends on the individual but club history not enter into their thinking I am sure.

The notion that any team from 7th down to 17th is very much better off than any other is false and frankly any team other than the ones that can afford to pay £100m plus a year in wages are only one bad season away from relegation and yes that does include Southampton and Swansea.

If relegation form is a run of 10 games at less than a point a game (our benchmark for firing a coach by the way) last season at least half of the division endured such a run including Everton and West Ham. The current media darlings Southampton who had a wonderful season were not included in that group because they managed 10 points from their last ten games.

None of these fundamentals change if and when we change ownership. We are punching above our weight being here to a degree and even if we are here in 10 years time we will still be punching above our weight.
Title: Re: Guochuan Lai
Post by: divinewind on June 16, 2015, 10:01:13 AM
Well, all we can do is wait and see one way or the other. This thread is going nowhere at the moment.

So frustrating being a Baggie.
Title: Re: Guochuan Lai
Post by: BAGGIES4LIFE on June 16, 2015, 10:03:01 AM
There is a contract agreeing a confidentiality clause. If this becomes broken the deal is off so it not surprising we have heard nothing!  The lawyers would also lose a lot of money if anything was leaked.  News will only break when there is news !
Title: Re: Guochuan Lai
Post by: Standaman on June 16, 2015, 10:10:59 AM
Just seen a tweet from Bill Howell (I know not the most insightful source) to the effect that JP is keen on doing a deal and he believes there is a fair chance it will happen.
Title: Re: Guochuan Lai
Post by: robnewbold on June 16, 2015, 03:30:14 PM
Well, all we can do is wait and see one way or the other. This thread is going nowhere at the moment.

So frustrating being a Baggie.

Agree, it seems all around us action is happening on the transfer market, Villa nabbing two, even in the midst of being supposedly sold like us.

I would rather the club just occasionally said, " nothing is happening" then this limbo we seem to get left in every summer break with no news.....no sponsor, supposedly new owners, no home kit confirmed, no transfers.....but betting being a frustrated Baggie than a stupid Villan.
Title: Re: Guochuan Lai
Post by: telford baggie on June 16, 2015, 03:39:16 PM
anything after the 30th of june and it will effect us in the transfer market etc the season will be around quick...we take long enough over players never mind with a takeover hanging over us....hopefully pulis doesnt get annoyed with the situation
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 16, 2015, 03:54:16 PM
Why would anyone from the club come out and say 'nothing's happening'?
Title: Re: Guochuan Lai
Post by: baggie38 on June 16, 2015, 03:57:53 PM
The club do a incredible job of keeping their cards close to their chest so im not worried in the slightest. I understand why some are worried because we haven't heard anything via the media as of yet. One thing people need to keep in mind is that these are private conversations between Peace and interested over seas parties and the club aren't going to give us day by day updates. There are only a small group of people who truly know whats going on and that's Peace and the interested parties. Its still very early days in the summer so there's absolutely no need to go anywhere near the panic button as of yet in my opinion.
Title: Re: Guochuan Lai
Post by: geoff on June 16, 2015, 04:19:15 PM
The club do a incredible job of keeping their cards close to their chest so im not worried in the slightest. I understand why some are worried because we haven't heard anything via the media as of yet. One thing people need to keep in mind is that these are private conversations between Peace and interested over seas parties and the club aren't going to give us day by day updates. There are only a small group of people who truly know whats going on and that's Peace and the interested parties. Its still very early days in the summer so there's absolutely no need to go anywhere near the panic button as of yet in my opinion.

I agree, anybody stands more chance of finding out about FIFA than us but when would you press the panic button.
Title: Re: Guochuan Lai
Post by: Hull Baggie on June 16, 2015, 04:23:18 PM
Why would anyone from the club come out and say 'nothing's happening'?

Dave Kemp pretty much did a week or so ago in either the Brummie mail or the express and star...I'm not sure which as I get newspaper cuttings. It was one of those "things are going on behind the scenes but we aren't in a position to say anything yet" responses.

The club will tell the media when there is something to tell. I'm sure things are being worked on.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 16, 2015, 04:27:24 PM
Dave Kemp pretty much did a week or so ago in either the Brummie mail or the express and star...I'm not sure which as I get newspaper cuttings. It was one of those "things are going on behind the scenes but we aren't in a position to say anything yet" responses.

The club will tell the media when there is something to tell. I'm sure things are being worked on.

Exactly, that's not someone saying nothing's happening, that's someone saying something is happening just don't expect a flurry of press releases. A lot of people think the club have to tell us everything immediately even if, as has been demanded earlier it's to say 'nothing is happening'.

Just because nobody is screaming news from the floodlights doesn't mean nothing is happening.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 16, 2015, 05:42:14 PM
After hearing about mclean, i feel JP is staying.. Its not something a new chairman would do. Plus we had signings like this last year.
Title: Re: Guochuan Lai
Post by: Bigrob80 on June 16, 2015, 05:56:57 PM
I must admit I am a little frustrated at hearing no news, but let's face it nothing will be public until they want us to know. At the end of the day this is the safest and most secure way to conduct such a deal. We are linked to all sorts of players at the minute as the transfer merry go round starts up. We may even be conducting two transfer strategies at the moment one on a jezza budget and one on a new owner budget, even if we do get taken over there may not be time to get better deals over the line, it might be Christmas time before it reaps any benefit! All that matters for now is that the suns out!👍🏻
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 16, 2015, 06:54:55 PM
After hearing about mclean, i feel JP is staying.. Its not something a new chairman would do. Plus we had signings like this last year.

Things can't grind to a halt just because a takeover might happen. Its business as usual as much as it possibly can be at this stage. I'm not sure what you mean when you say its not something a new chairman would do, do you mean you think a new chairman would come in and start spending much more than that on players and turn his nose up at what could turn out to be a bargain? We didn't have signings like that last summer really, not many players we got with experience in England.
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on June 16, 2015, 07:29:56 PM
After hearing about mclean, i feel JP is staying.. Its not something a new chairman would do. Plus we had signings like this last year.

I don't think there's any correlation at all in this. The new guy/company taking over would almost certainly say that low fee, low risk signings should be happening when possible.

If the fee is indeed £1.5 and the wages were on the lowish side, then this isn't something i think would impact a club sale. If anything McClean is probably back up as he can be used either side, if you're basing your attack on quick wingers you need bare minimum 3, if not 4 or 5.
Title: Re: Guochuan Lai
Post by: overseas baggie on June 16, 2015, 08:22:49 PM
Nobody seems to be taking on board the fact that even once a deal is agreed, the buyer must pass the "fit and proper persons" test. 

If they are coming from China in particular (a big possibility) then that process will inevitably take longer than usual.
Title: Re: Guochuan Lai
Post by: baggie82 on June 16, 2015, 08:40:46 PM
Yes, that is all we can hope for in the present regime, and i think that is asking a bit too much, struggling aganist relegation every year is more like we can expect.
Are you happy with that? Is that OK as long as Jeremy balances the books, and keeps himself a rich man?

8th to 10th is all we can hope for under ANY chairman. My point wasn't that Peace was holding us back but that we have already reached our ceiling and expect no more.
Title: Re: Guochuan Lai
Post by: Legend on June 16, 2015, 08:51:56 PM
8th to 10th is all we can hope for under ANY chairman. My point wasn't that Peace was holding us back but that we have already reached our ceiling and expect no more.

Agree. We could have a richer owner than Peace but get relegated. Look at how much money that Tony Fernandes has.
Title: Re: Guochuan Lai
Post by: tuamigos on June 16, 2015, 09:14:21 PM
Agree. We could have a richer owner than Peace but get relegated. Look at how much money that Tony Fernandes has.

One think Fernandes had to deal with was 'Arry spunking his money up the wall. I don't think that would happen here
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on June 16, 2015, 09:32:01 PM
One think Fernandes had to deal with was 'Arry spunking his money up the wall. I don't think that would happen here
Pulis spunked ALOT of the Coates fortune while at Stoke, didn't exactly get very far doing it either.
Title: Re: Guochuan Lai
Post by: Standaman on June 16, 2015, 11:06:33 PM
You cannot read anything into the takeover from us signing a player or not. The summer's business is in train the budget is set and will be part of the due diligence process and any purchaser will be buying us on that basis. I really hope any new owners let things run their course regardless of what they are planning longer term the absolute worst thing they can do is walk through the door and start throwing money around in the last few weeks of the window. 

Ask yourself what would Fernades do in this situation ? You then pray your owner does the opposite.
Title: Re: Guochuan Lai
Post by: stokelad84 on June 17, 2015, 10:10:48 AM
Pulis spunked ALOT of the Coates fortune while at Stoke, didn't exactly get very far doing it either.

He spent that money to turn Stoke from a mid table Championship club into a solid mid table Premier League club. And of the squad he left, 7 players have been regular starters in the new managers team 2 whole seasons later.

Bet365 have made record profits year on year since it's inception. So Pulis spunked none of Coates' personal money. It was all excess profit from that company...
Title: Re: Guochuan Lai
Post by: Signor_Maresca on June 17, 2015, 10:15:31 AM
I think a deal is definitely close to being struck, if nothing was close Peace would have come out by now and said he is staying put like he said he would at the end of May, that he hasn’t suggests something significant is in the offing.
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 17, 2015, 10:17:04 AM
I agree. If there weren't clear signs that something was still happening behind the scenes it wouldn't have dragged on so long with no comment from Peace.
Title: Re: Guochuan Lai
Post by: mifos on June 17, 2015, 10:19:05 AM
I think a deal is definitely close to being struck, if nothing was close Peace would have come out by now and said he is staying put like he said he would at the end of May, that he hasn’t suggests something significant is in the offing.

also would explain letting sponsor go to Villa and delay of new home shirt launch/sponsor announcement. Expect new owner's business to be shirt sponsor.
Title: Re: Guochuan Lai
Post by: Standaman on June 17, 2015, 11:51:52 AM
He spent that money to turn Stoke from a mid table Championship club into a solid mid table Premier League club. And of the squad he left, 7 players have been regular starters in the new managers team 2 whole seasons later.

Bet365 have made record profits year on year since it's inception. So Pulis spunked none of Coates' personal money. It was all excess profit from that company...

Setting aside Pulis's track record in the transfer market which is mixed between 2006 and 2013 Stoke had a cumulative loss of £65m (a lot of which was a hefty net transfer spend) how on earth is that not Coates family money regardless of where it came from? If they hadn't spent it on Stoke City then it is theirs to buy yachts or whatever other baubles multi millionaires buy these days.
Title: Re: Guochuan Lai
Post by: stokelad84 on June 17, 2015, 12:53:01 PM
As far as their business goes £65m is not too bad (as crazy as that sounds!) They're spending around £50m at the moment erecting a brand new building. And over the last few years they have apparently paid out £200m to several charities in the midlands.

Denise is worth over a billion. John is set to be worth £800m with Peter bringing up the rear with £750m.

Peter is the football fanatic and he wanted Stoke to be a force in the top league in his lifetime. He's 77 now so you could say he's lived his dream. Denise and John are not as bothered about football, so a lot of people think the purse strings have been cut to make the club more sellable if/when Peter passes away.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on June 17, 2015, 01:33:48 PM
Just because they are constructing a £50M building doesn't mean a £65M loss is good.  By the way I've seen many people ask you this but you fail to answer, would you have Pulis back at Stoke?
Title: Re: Guochuan Lai
Post by: robnewbold on June 17, 2015, 05:06:43 PM
Even though there is usually a deafening silence this time of year from the Shrine, which frustrates the hell out of all of us and leads to all sorts of speculation and conspiracy theories, especially as the press don't bother with us as a "little" club, further opening the gates of fan paranoia, I think that something is happening behind the scenes this time, that is significant.

We usually don't release the kit until very late June, early July anyway, and our sponsorship deals are usually last minute or not at all....but something smells different this time.....suspect a major announcement imminent....and it wont be Tony Pulis trans-gendering into Antonia Pulis.....mind you..."Call me Antonia" has a ring to it.
Title: Re: Guochuan Lai
Post by: stokelad84 on June 17, 2015, 05:48:45 PM
Just because they are constructing a £50M building doesn't mean a £65M loss is good.  By the way I've seen many people ask you this but you fail to answer, would you have Pulis back at Stoke?

If I was the hirer and firer I would pick him up from Smethwick myself  :)
Title: Re: Guochuan Lai
Post by: BaggieBeef on June 17, 2015, 05:51:56 PM
As far as their business goes £65m is not too bad (as crazy as that sounds!) They're spending around £50m at the moment erecting a brand new building. And over the last few years they have apparently paid out £200m to several charities in the midlands.

Denise is worth over a billion. John is set to be worth £800m with Peter bringing up the rear with £750m.

Peter is the football fanatic and he wanted Stoke to be a force in the top league in his lifetime. He's 77 now so you could say he's lived his dream. Denise and John are not as bothered about football, so a lot of people think the purse strings have been cut to make the club more sellable if/when Peter passes away.

Stokelad,

Just a heads up, John Coates is a football nut and was Stoke home/away long before they reached the Promised Land.
Title: Re: Guochuan Lai
Post by: sconesy on June 17, 2015, 11:34:09 PM
Not one to name drop, but can verifify with Olbury if necessary. Was with a certain person within the scouting network yesterday who has  'apparently' been advised to cool off the scouting and 'watch list' for while - as it may be possible that we could be able to look at players above the expected budget?! Now that depends of course on what the budget was - but it does perhaps suggest that our finances may me likely to change soon?!
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 17, 2015, 11:40:10 PM
Call me a "stick in the mud", but it certainly wouldn't harm us if JP was still in charge for the new season.
He could be tempted to open his purse and show interested parties just how good an investment we would be.
Title: Re: Guochuan Lai
Post by: seteefeet on June 18, 2015, 08:50:38 AM
Not one to name drop, but can verifify with Olbury if necessary. Was with a certain person within the scouting network yesterday who has  'apparently' been advised to cool off the scouting and 'watch list' for while - as it may be possible that we could be able to look at players above the expected budget?! Now that depends of course on what the budget was - but it does perhaps suggest that our finances may me likely to change soon?!
I hope this is true, but the fact that McLean seems a done deal might suggest not, unfortunately.  :(
Title: Re: Guochuan Lai
Post by: Black Country Pride on June 18, 2015, 11:40:19 AM
I do have faith JP will get it right - eventually. It is absolutely agonising as a supporter though being in the dark!
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 18, 2015, 12:27:17 PM
Not in anyway getting impatient but did JP say 2 or 3 months ago that he wanted any deal confirmed by a certain date so as to not interfere with pre-season training and player recruitment? If so was he specific on that date?
Title: Re: Guochuan Lai
Post by: AlbionFan on June 18, 2015, 12:29:34 PM
Call me a "stick in the mud", but it certainly wouldn't harm us if JP was still in charge for the new season.
He could be tempted to open his purse and show interested parties just how good an investment we would be.

I'm with you regarding JP, but I do feel, as we've heard very little that he will sell before the start of the season.
Title: Re: Guochuan Lai
Post by: Albionic on June 18, 2015, 12:50:40 PM
Not one to name drop, but can verifify with Olbury if necessary. Was with a certain person within the scouting network yesterday who has  'apparently' been advised to cool off the scouting and 'watch list' for while - as it may be possible that we could be able to look at players above the expected budget?! Now that depends of course on what the budget was - but it does perhaps suggest that our finances may me likely to change soon?!

Obviously I cannot contradict what you have heard, but it would strike me as a very nieve thing to do.
If a deal to purchase fell through and no business had been undertaken we would be left very exposed. I cannot see JP allowing that to happen. Just my thoughts.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 19, 2015, 01:37:11 PM
For what's worth on a rival site and from a Moderator, it is claimed that a deal has been done with the Chinese guy. Could of course just be an unproven rumour.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 19, 2015, 02:38:42 PM
For what's worth on a rival site and from a Moderator, it is claimed that a deal has been done with the Chinese guy. Could of course just be an unproven rumour.


Hey Behave :)
Title: Re: Guochuan Lai
Post by: kc56wba on June 19, 2015, 03:46:43 PM

Hey Behave :)
Glyn the quote before is correct some mod from another site as said it is a done deal.
Title: Re: Guochuan Lai
Post by: KnaveofAlbion on June 19, 2015, 04:18:30 PM
Glyn the quote before is correct some mod from another site as said it is a done deal.

So it's deffinatley the Chinese? Sorry for being dim here, I just want to clarify.

Not sure how I feel about that? With FFFP in affect we'd be better off with JP I think. But I guess it was going to happen eventually?

Title: Re: Guochuan Lai
Post by: kc56wba on June 19, 2015, 04:33:01 PM
So it's deffinatley the Chinese? Sorry for being dim here, I just want to clarify.

Not sure how I feel about that? With FFFP in affect we'd be better off with JP I think. But I guess it was going to happen eventually?
No one knows who what's going on really. It is all speculation at the moment.
Title: Re: Guochuan Lai
Post by: matth on June 19, 2015, 04:35:58 PM
Glyn the quote before is correct some mod from another site as said it is a done deal.
can you say what site that was on?
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 19, 2015, 04:36:28 PM
What site was it?
Title: Re: Guochuan Lai
Post by: kc56wba on June 19, 2015, 04:45:11 PM
Here is the quote.

Quote from: baggiebabe on Today at 08:44:49 AM

I'm told that a Chinese bloke has bought the club.  True or not?  Who knows?

Indeed.  I'm told it's a done deal and here's yeah man:

http://www.prnewswire.com/news-releases/wang-jianlin-surpasses-li-ka-shing-as-asias-richest-man-300077521.html
Title: Re: Guochuan Lai
Post by: kie the baggie on June 19, 2015, 04:45:42 PM
I think something maybe close. Maybe due to us not having a sponsor just yet and that a new owner may want his company as club sponsor
Title: Re: Guochuan Lai
Post by: kc56wba on June 19, 2015, 04:46:56 PM
I think something maybe close. Maybe due to us not having a sponsor just yet and that a new owner may want his company as club sponsor
That's what I am thinking.
Title: Re: Guochuan Lai
Post by: tylerm on June 19, 2015, 04:47:08 PM
Someone told me last week it was the Chinese guy and he claimed he had a source in the club.
Said the holdup was the price. He wants to turn us into the next Man City but also talked about relocating the ground.
No idea if it was complete bull
Title: Re: Guochuan Lai
Post by: east-stand-nick on June 19, 2015, 04:52:22 PM
Someone told me last week it was the Chinese guy and he claimed he had a source in the club.
Said the holdup was the price. He wants to turn us into the next Man City but also talked about relocating the ground.
No idea if it was complete bull

Fingers crossed that it is.
Title: Re: Guochuan Lai
Post by: Baggie79 on June 19, 2015, 05:24:19 PM
Does anyone really think that someone who was worth £30bn would be arguing with us over a few million if he really did want to turn us into the next Man City?
Title: Re: Guochuan Lai
Post by: Hayward1984 on June 19, 2015, 05:26:49 PM
That's how people end up with £30 Billion ain't it?
Title: Re: Guochuan Lai
Post by: RogerBadoo on June 19, 2015, 05:29:42 PM
Agreed - hanging over a couple of million pound is still worth doing. I would be stunned if this where true and I would worry slightly about motivation and what would happen to the club.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 19, 2015, 05:33:30 PM
Dingle or villain on the whind up one thinks.
Title: Re: Guochuan Lai
Post by: wba1993dave on June 19, 2015, 05:35:37 PM
Why would this "Wang Jianlin" buy us anyway. ?? 
Title: Re: Guochuan Lai
Post by: WBArgo on June 19, 2015, 05:36:38 PM
Don't believe a word of it, just a re-hashed old rumour that some sad person is getting a kick out of.

Title: Re: Guochuan Lai
Post by: sammyg on June 19, 2015, 05:38:49 PM
Has Peace set any kind of deadline for when he will decide and announce if we are / aren't being taken over?
Title: Re: Guochuan Lai
Post by: royhan on June 19, 2015, 05:43:17 PM
Has Peace set any kind of deadline for when he will decide and announce if we are / aren't being taken over?

A June 30 date has been quoted. Whether it is true or not remains to be seen.
Title: Re: Guochuan Lai
Post by: tylerm on June 19, 2015, 05:52:59 PM
Yes

I was in a pub one lunchtime with a baggies top on and a guy sitting near started  talking to me and said he was a season ticket holder too
He told me what I put in here. Was he winding me up-i have no idea
However I have posted on the zone for many years and know baggiebabe
If she has posted that with such confidence I now believe it's true
Title: Re: Guochuan Lai
Post by: Standaman on June 19, 2015, 05:54:39 PM
Aside from Peace and his lawyers nobody at the club will know anything. If and when it happens it will be announced and I doubt the club's media team will have more than a few hours advance notice. I therefore would take any rumour at this stage with a massive pinch of salt. 
Title: Re: Guochuan Lai
Post by: Signor_Maresca on June 19, 2015, 05:58:46 PM
Sure you have been told that mate.

But it is complete and utter garbage.
Title: Re: Guochuan Lai
Post by: koren on June 19, 2015, 06:36:25 PM
No Asian/Chinese owner please, we will become next Birmingham and Cardiff.
Title: Re: Guochuan Lai
Post by: charliemike on June 19, 2015, 06:50:40 PM
Can anybody believe the crap that is spilled on here . This rumour started on Twitter a couple of weeks . The richest man in China is supposed to be buying little old west brom . We all hope for it , but can any of it be confirmed , or nail someone down to verify it . At the moment no .
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 19, 2015, 06:55:48 PM
Amazing how many people have sources within the club that tell them what is going on. No one but those involved in any potential deal have a clue, we will know nothing until a deal is officially done or Peace comes out and says nothing is happening.

For what its worth people who post things they have heard often do on good faith but it rarely ends up being accurate. Not much has got out of the club for the last year or two. As for anyone making us the Man City, absolutely no chance, the big clubs saw to that when they voted in favour of financial fair play rules clearly designed to keep them at the top and stop anyone else from spending a fortune like they did to secure their status as the top clubs.
Title: Re: Guochuan Lai
Post by: charliemike on June 19, 2015, 07:03:57 PM
They are all very good at saying some one told me ,that's fine . Do they ever tell you who that some one is .
Title: Re: Guochuan Lai
Post by: BobTaylor on June 19, 2015, 07:13:41 PM
Amazing how many people have sources within the club that tell them what is going on. No one but those involved in any potential deal have a clue, we will know nothing until a deal is officially done or Peace comes out and says nothing is happening.

For what its worth people who post things they have heard often do on good faith but it rarely ends up being accurate. Not much has got out of the club for the last year or two. As for anyone making us the Man City, absolutely no chance, the big clubs saw to that when they voted in favour of financial fair play rules clearly designed to keep them at the top and stop anyone else from spending a fortune like they did to secure their status as the top clubs.
I take the view of all of these sources being false because why would anyone within the hierarchy tell a friend and risk he's job ? If privy information starts getting leaked the mole will soon be supposed, especially considering how careful Peace and close colleagues are with information.

We had couple years ago in the dressing room and that soon got addressed.
Title: Re: Guochuan Lai
Post by: hardtobeat on June 19, 2015, 07:34:02 PM
No Asian/Chinese owner please, we will become next Birmingham and Cardiff.
A risk yes but i´d take it. WE have been going along for too long now with poor footballing decisions,poor transfer windows and the same old ,same old reasons and excuses for the way we are doing things perhaps new faces at the top will lead to a freshening up all the way down the line !
Title: Re: Guochuan Lai
Post by: fatboy_coach on June 19, 2015, 08:20:51 PM
I take the view of all of these sources being false because why would anyone within the hierarchy tell a friend and risk he's job ? If privy information starts getting leaked the mole will soon be supposed, especially considering how careful Peace and close colleagues are with information.

This is going to come out one morning to the stock exchange/FA and that will be first we all know of it. The company I work for got an offer to be bought out by a competitor on Wednesday and the first we heard was the stock exchange announcement! And it's a $600million deal, so in the same region of money as the Albion takeover. We're pretty small and there wasn't a sniff of anything, so I very much doubt there will be a leak especially as only Peace has to make the decision.
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 19, 2015, 09:04:27 PM
I cannot imagine anything being released until 8th August.
The reason being that the number 8 is considered lucky in Chinese folk law.
So it may be at 8.08 on the 8th day of the 8th month, that we hear of something.
Title: Re: Guochuan Lai
Post by: baggyman68 on June 19, 2015, 09:45:06 PM
how does that work out if they aint Chinese?
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on June 19, 2015, 09:52:21 PM
how does that work out if they aint Chinese?
The new buyer, may well "Yank" it out a bit more.
Title: Re: Guochuan Lai
Post by: Yamaka on June 19, 2015, 10:27:58 PM
http://
I cannot imagine anything being released until 8th August.
The reason being that the number 8 is considered lucky in Chinese folk law.
So it may be at 8.08 on the 8th day of the 8th month, that we hear of something.
Whilst that might be auspicious I guess there might be more pressing needs to do the deal sooner. Maybe that day can be used for our marquee signing  ;D
Title: Re: Guochuan Lai
Post by: BB74 on June 20, 2015, 07:42:39 AM
What will Peace do after a sale? I would like to think he would take on another club and have another go because he has done a great job with us and would be ashame to see him walk away from the game.
Title: Re: Guochuan Lai
Post by: divinewind on June 20, 2015, 09:45:57 AM
I couldn't see him taking on another club. I think he will invest in something different.

If he get's £150m-£200m i can't see him doing a lot.
Title: Re: Guochuan Lai
Post by: sammyg on June 20, 2015, 10:01:04 AM
So wang jianlin was involved in taking us to China in 79?
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 20, 2015, 10:08:26 AM
What will Peace do after a sale? I would like to think he would take on another club and have another go because he has done a great job with us and would be ashame to see him walk away from the game.

I expect he will see it as job done. Gained control of a football club for virtually no money yet walk away years later with over £100m in profit, I expect he'll either retire or move on to something else as he wont be able to do what he has here with another club.
Title: Re: Guochuan Lai
Post by: johnny Cash on June 20, 2015, 10:15:42 AM
This is going to come out one morning to the stock exchange/FA and that will be first we all know of it. The company I work for got an offer to be bought out by a competitor on Wednesday and the first we heard was the stock exchange announcement! And it's a $600million deal, so in the same region of money as the Albion takeover. We're pretty small and there wasn't a sniff of anything, so I very much doubt there will be a leak especially as only Peace has to make the decision.

We aren't floated, so forget the stock exchange.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 20, 2015, 10:41:05 AM
So wang jianlin was involved in taking us to China in 79?

Digging out some research apparently the England national squad was supposed to go but was unable to for whatever reason and Bert Millichip at the time suggested that we go as a replacement.  As to who was involved on the Chinese side I have no idea.
Title: Re: Guochuan Lai
Post by: divinewind on June 20, 2015, 10:49:50 AM
I heard that Janlin was a government official in some capacity when we did the tour.

Maybe some people are taking 2+2 and getting 5?
Title: Re: Guochuan Lai
Post by: sammyg on June 20, 2015, 10:55:53 AM
Who knows , that could explain some potential interest from him ? He has said in an interview he may buy a football club in England didn't he? Let's hope so!
Title: Re: Guochuan Lai
Post by: addy on June 20, 2015, 10:59:47 AM
Digging out some research apparently the England national squad was supposed to go but was unable to for whatever reason and Bert Millichip at the time suggested that we go as a replacement.  As to who was involved on the Chinese side I have no idea.

Not that it means anything but it is interesting. We were the first English team to visit China? I didn't know about that.

-------------------------------------------

Stephen Perry, chairman of the 48 Group Club in UK, on Wednesday hailed Chinese billionaire Wang Jianlin a "pioneer" after he bought a 20% stake in Spanish champions Atletico Madrid for 45m euros($52m).

"I would think he is a pioneer against a broader strategy that will emerge over 5 years or so," Perry, who himself failed in an attempt to buy an 8% stake in English Premier League side Arsenal five years ago.

"He would be aware of the long term interest of China to build its capability in football," he told Xinhua.

Perry, whose independent business network committed to promoting positive links with China, is a pioneer in Chinese football history.

He brought West Bromwich Albion football club to Beijing to take on the "China Eleven" on Aug. 1, 1979, making it the first English team visiting China. He later found out late leader Deng Xiaoping was sitting in the stadium that day.

http://www.china.org.cn/world/Off_the_Wire/2015-01/22/content_34624363.htm
Title: Re: Guochuan Lai
Post by: RogerBadoo on June 20, 2015, 11:09:36 AM
Reflecting on all this talk of takeover two things spring to mind;

1. We aren't pulling up trees in terms of signings - is this because we wish to wait and then utilise a big spending pot once the takeover is complete? I'd like to think so as otherwise wouldn't Tony P be jumping up and down about inactivity.

2. The lack of noise and the lack of communication out of the club does make me wonder if a deal is now very close. There's no way that JP would wish to alert other clubs to any buyer just in case they change their minds.

Finally a change of ownership could well be very profound - the things we love about the club might well disappear - takeovers are challenging and as many works as fail. We are potentially about to be dropped into the unknown. However I have faith that JP will have done is due diligence on this and will find a sympathetic long term owner.
Title: Re: Guochuan Lai
Post by: SmethDan on June 20, 2015, 11:20:35 AM
I heard that Janlin was a government official in some capacity when we did the tour.

Maybe some people are taking 2+2 and getting 5?

He served in the People's Liberation Army between 1970 and 1988.

"Wang followed in his father's footsteps by enrolling in the People's Liberation Army in 1970 at just 15-years-old. He soon advanced to Platoon Leader and eight years later he was specially selected to attend Dalian Army School, where he became a staff officer and eventually its deputy director. He left the army in 1988 and formed a property company in the north-eastern city of Dalian using around £80,000 of borrowed money".

http://www.dailymail.co.uk/news/article-3092637/So-rich-s-got-not-one-TWO-private-jets-James-Bond-speedboat-firm-football-club-Inside-mind-boggling-world-China-s-25-billion-man.html (http://www.dailymail.co.uk/news/article-3092637/So-rich-s-got-not-one-TWO-private-jets-James-Bond-speedboat-firm-football-club-Inside-mind-boggling-world-China-s-25-billion-man.html)

Albion tour guide? Doubt it but who knows?  ;).

Personally have no idea who will be taking us over, if anybody.
What I do know is that 'ITK people' all over Tw@tter have been saying he's taking over 'in the next couple of days' for what seems to be a rather long time now. There was even a post on The Sons of Albion page to this effect on June 5th.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 20, 2015, 11:59:17 AM
Happy to think that this will all be resolved in the next week or so been a ridiculous guessing game for the last couple weeks.
Title: Re: Guochuan Lai
Post by: kc56wba on June 20, 2015, 12:12:23 PM
Happy to think that this will all be resolved in the next week or so been a ridiculous guessing game for the last couple weeks.
I hope so as well doing my bloody head in.
Title: Re: Guochuan Lai
Post by: divinewind on June 20, 2015, 01:04:13 PM
Getting so sick of this... ;)
Title: Re: Guochuan Lai
Post by: smethwickw on June 20, 2015, 01:08:02 PM
Reflecting on all this talk of takeover two things spring to mind;

1. We aren't pulling up trees in terms of signings
- is this because we wish to wait and then utilise a big spending pot once the takeover is complete? I'd like to think so as otherwise wouldn't Tony P be jumping up and down about inactivity.

2. The lack of noise and the lack of communication out of the club does make me wonder if a deal is now very close. There's no way that JP would wish to alert other clubs to any buyer just in case they change their minds.

Finally a change of ownership could well be very profound - the things we love about the club might well disappear - takeovers are challenging and as many works as fail. We are potentially about to be dropped into the unknown. However I have faith that JP will have done is due diligence on this and will find a sympathetic long term owner.

When have we ever pulled up any trees re transfers? This summer will be no different.
Title: Re: Guochuan Lai
Post by: WBArgo on June 20, 2015, 01:08:29 PM
I expect he will see it as job done. Gained control of a football club for virtually no money yet walk away years later with over £100m in profit, I expect he'll either retire or move on to something else as he wont be able to do what he has here with another club.
I imagine West Brom are not Peace's only business/asset, it's extremely rare that successful businessmen have one investment, I'm sure he'll already have millions in stocks/bonds, property and other physical businesses' we're not aware of. I imagine he'll have some sort of mega-investment fund to live off nicely for the rest of his days...not bad for a boy from Smethwick!
Title: Re: Guochuan Lai
Post by: fatboy_coach on June 20, 2015, 08:30:27 PM
We aren't floated, so forget the stock exchange.

Fair enough, my point being that leaks about the buyer aren't going to happen.
Title: Re: Guochuan Lai
Post by: merson94 on June 20, 2015, 09:01:10 PM
I for one would be very happy if someone wants to buy the us and invest heavily to make us progress as a club. However, I'm very much the believer that a club should be British run (Being a bit of purist). I've always said I'd have much less love for our club if we went American, Chinese or Arab. I've always been proud that Albion is run by an Englishman, not only English but from the area as well, how rare is that! and has predominantly stuck to British managers. Going foreign could seriously damage the heritage of this club and is something I personally wouldn't be that happy with
Title: Re: Guochuan Lai
Post by: BobTaylor on June 20, 2015, 09:46:51 PM
I for one would be very happy if someone wants to buy the us and invest heavily to make us progress as a club. However, I'm very much the believer that a club should be British run (Being a bit of purist). I've always said I'd have much less love for our club if we went American, Chinese or Arab. I've always been proud that Albion is run by an Englishman, not only English but from the area as well, how rare is that! and has predominantly stuck to British managers. Going foreign could seriously damage the heritage of this club and is something I personally wouldn't be that happy with
our starting line up next season won't contain more than 2 foreign players I reckon, bold statement but can see it being true and I like that to be honest very rare nowadays for a team to be that home grown.
Title: Re: Guochuan Lai
Post by: divinewind on June 20, 2015, 11:16:40 PM
I for one would be very happy if someone wants to buy the us and invest heavily to make us progress as a club. However, I'm very much the believer that a club should be British run (Being a bit of purist). I've always said I'd have much less love for our club if we went American, Chinese or Arab. I've always been proud that Albion is run by an Englishman, not only English but from the area as well, how rare is that! and has predominantly stuck to British managers. Going foreign could seriously damage the heritage of this club and is something I personally wouldn't be that happy with

Billy Bassett would turn in his grave. He wouldn't even tolerate Scots.  ;D
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 21, 2015, 08:03:49 AM
I've heard things are really slow and may not happen at all now. Hence us moving on with signing players like mcClean. It appears peace is here to stay.
Title: Re: Guochuan Lai
Post by: sammyg on June 21, 2015, 08:38:41 AM
I've heard things are really slow and may not happen at all now. Hence us moving on with signing players like mcClean. It appears peace is here to stay.

Who have you heard that off mate? Any idea what seems to be slowing it?
Title: Re: Guochuan Lai
Post by: Topman on June 21, 2015, 08:54:46 AM
I've heard things are really slow and may not happen at all now. Hence us moving on with signing players like mcClean. It appears peace is here to stay.

Although maybe not a bad thing it would feel a bit of anti climax now. But I admit that's what I fear may happen in the next week or two. Announcement nothing doing
Title: Re: Guochuan Lai
Post by: Floydy on June 21, 2015, 09:02:34 AM
I think we would hear if the deal was dead. There wouldn't be any point keeping up a pretence.

I suspect due diligence has gone well and the buyer(s) are trying to chip the price.
Title: Re: Guochuan Lai
Post by: baggie38 on June 21, 2015, 10:16:23 AM
I've heard things are really slow and may not happen at all now. Hence us moving on with signing players like mcClean. It appears peace is here to stay.

Completely opposite to what I heard. I was told by my mate last night that it hasn't been closer and things are moving along nicely. We would get some sort of announcement if a deal was dead in the water. Peace is apparently viewing the potential Demba Ba signing as a parting gift.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 21, 2015, 10:38:18 AM
People need to stop listening to Albion fans peed up in the boozer claiming they know Jeremy's lovely lady's sister, What will be will be we might not even hear for another couple weeks, stop torturing yourself  :D.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 21, 2015, 10:39:08 AM
I only heard that from the wigan end, someone close with mcclean.. So it could be wrong. But he never lies to me.
Title: Re: Guochuan Lai
Post by: baggie38 on June 21, 2015, 10:55:32 AM
People need to stop listening to Albion fans peed up in the boozer claiming they know Jeremy's lovely lady's sister, What will be will be we might not even hear for another couple weeks, stop torturing yourself  :D.

As far as I recall my friend is yet to be wrong so I trust him when he offers me information from inside the club. I have no reason not to trust him.
Title: Re: Guochuan Lai
Post by: The Black Pearl on June 21, 2015, 11:25:07 AM
Chillax, enjoy the odd rumour and wait for the outcome, all adds to the mix and interest, all will out in the end! 8)
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 21, 2015, 11:50:51 AM
its all poppycock.JP will be here for the forseeable
Title: Re: Guochuan Lai
Post by: sconesy on June 21, 2015, 07:42:29 PM
its all poppycock.JP will be here for the forseeable

"its all poppycock". Not sure that holds any weight. It's common knowledge (and not denied by the club in any way shape or form) that there's been interest. "Poppycock" is rather desmisive and dare I say 'ignorant', as there is clearly activity behind the scenes. You state that "JP will be here for the forseeable (sic) ". So what makes you so privy to such information.....if not, why should this sentence hold more weight than many who make seemingly more educated guesses than yourself?
Title: Re: Guochuan Lai
Post by: The Joust on June 21, 2015, 10:56:30 PM
I'd suggest we will know about the takeover within the next 10 days along with the shirt sponsor deal which has now been finalised. Watch this space...
Title: Re: Guochuan Lai
Post by: matth on June 21, 2015, 11:46:06 PM
The shirt sponsor has nothing to do with potential takeover. Already agreed
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 22, 2015, 03:54:17 AM
The shirt sponsor has nothing to do with potential takeover. Already agreed

Agreed with who ?
Title: Re: Guochuan Lai
Post by: royhan on June 22, 2015, 05:38:12 AM
Agreed with who ?
If they are going to announce the McClean signing today then expect an announcement about the shirt sponsor at about the same time. It wouldn't be right having a picture of the new signing without him holding a club shirt ;D
Title: Re: Guochuan Lai
Post by: tuamigos on June 22, 2015, 06:13:47 AM


They usually hold the shirt showing the back with their name and number on, so the sponsor doesn't come into play anyway.
Title: Re: Guochuan Lai
Post by: The Joust on June 22, 2015, 06:28:04 AM
The shirt sponsor has nothing to do with potential takeover. Already agreed

My point was, they may for a double announcement. Jianlin holding the shirt for eg
Title: Re: Guochuan Lai
Post by: Downunder Stripes on June 22, 2015, 07:12:48 AM
My point was, they may for a double announcement. Jianlin holding the shirt for eg
That was my feeling also.......
Title: Re: Guochuan Lai
Post by: sammyg on June 22, 2015, 08:00:52 AM
If peace has said he will announce if a deal has or hasn't been done by 30th July, 10 days from Sunday is the 1st so maybe he will announce it then with the new sponsor
Title: Re: Guochuan Lai
Post by: RogerBadoo on June 22, 2015, 10:33:36 PM
I notice that the James Nursey is saying that we will sign 10 players this summer and that we're in discussion with a Chinese consortia around a £100m plus deal. This is the first specific mention I have seen in recent weeks. Maybe takeover is really not far away.
Title: Re: Guochuan Lai
Post by: baggie38 on June 22, 2015, 10:41:35 PM
I notice that the James Nursey is saying that we will sign 10 players this summer and that we're in discussion with a Chinese consortia around a £100m plus deal. This is the first specific mention I have seen in recent weeks. Maybe takeover is really not far away.

I take anything that man says with a pinch of salt. Bill Howell has said seven on a few occasions and I agree with that figure.
Title: Re: Guochuan Lai
Post by: SmethDan on June 23, 2015, 01:03:07 AM
Cannot say that I am overly familiar with the burbling's of Mr Pursey.
However, from my readings of the Mail I believe that Mr Howell largely burbles like a burst arse hole.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 23, 2015, 08:54:49 AM
The club have made their job really hard. You read there stuff and feels like typical paper rumours. Bill yesterday was rewriting stuff off the website like it was news. Ive asked them a few times about take over and they just don't reply.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 23, 2015, 10:35:07 AM
on the back of us signing a league one footballer for 1.5million i cant see any potential that we are about to be taken over by a billionaire
Title: Re: Guochuan Lai
Post by: baggie38 on June 23, 2015, 10:36:03 AM
on the back of us signing a league one footballer for 1.5million i cant see any potential that we are about to be taken over by a billionaire

Peace will support transfers until he is officially gone.
Title: Re: Guochuan Lai
Post by: koren on June 23, 2015, 10:52:15 AM
Peace is in talks with a Chinese consortium about a £100m-plus purchase.

http://www.mirror.co.uk/sport/football/transfer-news/west-brom-transfers-james-mcclean-5931315 (http://www.mirror.co.uk/sport/football/transfer-news/west-brom-transfers-james-mcclean-5931315)


Tell me it's not going to happen please. ???
Title: Re: Guochuan Lai
Post by: BigFrank20 on June 23, 2015, 12:09:22 PM
Tell me it's not going to happen please. ???
I will just point out that the mirror is little more than a comic for adolescents and if you think the the Mail and Post journalists go in for lazy reporting the red top guys taught them everything they know!

Personally I'm fairly relaxed about whoever it turns out to be, what will be will be and there is fu*k all I can do to change or effect it.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 23, 2015, 12:40:12 PM
I will just point out that the mirror is little more than a comic for adolescents and if you think the the Mail and Post journalists go in for lazy reporting the red top guys taught them everything they know!

Personally I'm fairly relaxed about whoever it turns out to be, what will be will be and there is fu*k all I can do to change or effect it.

I couldn't agree more, alot of us myself included are hoping and dreaming for something. Purely beacuse we've had some really poor transfer windows. Peace is good but maybe a change would see us move forwards rather than backwards. Our forwards haven't got the same punch as long and odemwingie did. Lets be honest saido has been a find in some regard.
Lets hope something good happens.. But we have to be realistic.
Title: Re: Guochuan Lai
Post by: joeymayo on June 24, 2015, 11:33:30 AM
You should know that the Post & Mail is part of the Trinity Mirror Group and is one of a few local rags owned by them.

The reason you will get duplicate information on the various websites is because it comes from a central source, so it makes people like Bill Howell look lazy.
Title: Re: Guochuan Lai
Post by: wba1993dave on June 24, 2015, 12:54:30 PM
I reckon we are getting close to a decision either way.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 24, 2015, 01:23:29 PM
A bit of an anti climax me thinks
Title: Re: Guochuan Lai
Post by: B_H_Baggie on June 24, 2015, 01:33:36 PM
A bit of an anti climax me thinks

When you have people expecting a billionaire to turn us into the next Manchester City I think that's clearly inevitable.
Title: Re: Guochuan Lai
Post by: mifos on June 24, 2015, 04:30:55 PM
A bit of an anti climax me thinks

Are you ITK, or just being realistic/pessimistic?

Title: Re: Guochuan Lai
Post by: The Joust on June 25, 2015, 12:57:26 PM
Interesting ...

"Wang Jianlin, its chairman, told Xinhua News Agency that he expects to announce a major acquisition very soon that would be "good news" for Chinese soccer, without giving further details."

http://m.chinadaily.com.cn/en/2015-06/25/content_21096147.htm
Title: Re: Guochuan Lai
Post by: Floydy on June 25, 2015, 01:27:27 PM
It has been indicated to me by someone who is well connected with the club that there will be a definitive announcement re: the club being sold by the end of next week
Title: Re: Guochuan Lai
Post by: baggies_24 on June 25, 2015, 01:35:51 PM
Interesting ...

"Wang Jianlin, its chairman, told Xinhua News Agency that he expects to announce a major acquisition very soon that would be "good news" for Chinese soccer, without giving further details."

http://m.chinadaily.com.cn/en/2015-06/25/content_21096147.htm

I think this is going to be Villa's new owner, I really hope not as It would probably mean a return to the top half of the table for the scumbags.
Title: Re: Guochuan Lai
Post by: sammyg on June 25, 2015, 01:52:10 PM
Thought villa were being bought by a yank?
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 25, 2015, 02:02:00 PM
I think this is going to be Villa's new owner, I really hope not as It would probably mean a return to the top half of the table for the scumbags.


This is my biggest fear, i suppose also you can blame us for their success
Title: Re: Guochuan Lai
Post by: baggies_24 on June 25, 2015, 03:30:40 PM
Thought villa were being bought by a yank?

I thought so too however there's rumours it could also be this guy, I think there's a better chance of Villa getting taken over this Summer than us, if your looking at it from a business standpoint their a better prospect than we are unfortunately.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 25, 2015, 03:36:03 PM
I thought so too however there's rumours it could also be this guy, I think there's a better chance of Villa getting taken over this Summer than us, if your looking at it from a business standpoint their a better prospect than we are unfortunately.

Yes, but then they've formally been on the market a year longer so it's hardly an achievement. And they're really not a better prospect. They have debts, have struggled worse than us for the last four seasons, and their average attendance last season had them at 80% capacity. Lot of risk there.
Title: Re: Guochuan Lai
Post by: sammyg on June 25, 2015, 03:57:49 PM
I thought so too however there's rumours it could also be this guy, I think there's a better chance of Villa getting taken over this Summer than us, if your looking at it from a business standpoint their a better prospect than we are unfortunately.

I do agree although I feel if wang jianlin was involved in 1979 taking us to China then it could be likely he would be interested in the baggies instead
Title: Re: Guochuan Lai
Post by: miggybaggy on June 25, 2015, 03:58:26 PM
Yes, but then they've formally been on the market a year longer so it's hardly an achievement. And they're really not a better prospect. They have debts, have struggled worse than us for the last four seasons, and their average attendance last season had them at 80% capacity. Lot of risk there.

The trouble is....its their potential. Sad to say, but truth hurts.
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 25, 2015, 04:59:03 PM
What potential, saved from oblivion by Deadly Doug and again by the americans, they have a bigger ground - whoopy do!!! - old stands that need knocking down, difficult to get to, narrow fan base and they play in claret and blue, at the best Birminghams West Ham ;D
Title: Re: Guochuan Lai
Post by: smethwickw on June 25, 2015, 05:04:00 PM
What potential, saved from oblivion by Deadly Doug and again by the americans, they have a bigger ground - whoopy do!!! - old stands that need knocking down, difficult to get to, narrow fan base and they play in claret and blue, at the best Birminghams West Ham ;D

They did win something in Europe in the 80's though so I heard!  :D
Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 05:07:27 PM
This wouldn't be an anti climax it would be an embarrassment.

Still i never expect more from our lot. I doubt we are being taken over by anyone as we are trawling the lower leagues for signings again.

ST's sold. Job done.
Title: Re: Guochuan Lai
Post by: smethwickw on June 25, 2015, 05:16:46 PM
This wouldn't be an anti climax it would be an embarrassment.

Still i never expect more from our lot. I doubt we are being taken over by anyone as we are trawling the lower leagues for signings again.

ST's sold. Job done.

Agreed. For me it was/is unlikely to happen. The initial asking price was ridiculous IMO. JP will say he tried and that the uncertainty has had an effect on this summers window.
Title: Re: Guochuan Lai
Post by: telford baggie on June 25, 2015, 05:34:40 PM
i wish jp would just come out and say hes staying now as this is dragging on we wont get taken over will just be the same usual season  for us while villa get a rich backer bound to happen
Title: Re: Guochuan Lai
Post by: Standaman on June 25, 2015, 05:50:49 PM
This wouldn't be an anti climax it would be an embarrassment.

Still i never expect more from our lot. I doubt we are being taken over by anyone as we are trawling the lower leagues for signings again.

ST's sold. Job done.

Why embarrassing? The owner looked to sell the club there were interested parties but a price could not be agreed so what?

We don't need to be bailed out and we don't need an owner to subsidise the club. If Peace goes he will probably not be replaced by a Sugar Daddy so this is West Bromwich Albion we have never been awash with money get used to the idea.

Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 05:51:03 PM
I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.
Title: Re: Guochuan Lai
Post by: Standaman on June 25, 2015, 06:08:09 PM
I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.

Yep it is still June, sale will happen or it won't and it won't make much difference either way so let's burst that bubble straight away. Sponsor is in the pipeline. Real Madrid starlet was never a runner and we are linked with every tom dick and harry at the moment so why get alarmed over yet another spurious link? McClean has signed we need wingers and blow me down he is a winger. Mulumbu who barely featured under Pulis has left.

No I haven't made anything up or left anything out and JP has fooled me or anyone else how?

Title: Re: Guochuan Lai
Post by: leeiswba on June 25, 2015, 07:03:26 PM
I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.

To be honest it's your own fault for reading and believing stuff on dodgy rumour sites and in the press.
Title: Re: Guochuan Lai
Post by: robnewbold on June 25, 2015, 07:25:43 PM
We are in far,far better shape now then we were this time last season, it's a different Club.
Sponsor is sorted, back in stripes, very cool away strip, and a real leader in charge.
The new ownership issue is a distraction, that is causing unnecessary uncertainty and
It needs to be put to bed as soon as possible either way.
Worse case scenario is JP stays and we will stay solid and look for a top ten finish.
This time last year we would have sold our grandmothers to guarantee 16th or above.
New owners could bring anything...we just don't know... Obviously a £50 million war chest
would be nice.
We could be far worse off....and have Tiny Tim as a Manager, Sideways Sam as a coach ,
a ground that needs tearing down, deluded supporters and an off- purple home shirt, humiliated
In front of the whole world at Wembley and finished the season a hairs breadth from disaster.
COYB



Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 07:33:28 PM
To be honest it's your own fault for reading and believing stuff on dodgy rumour sites and in the press.

I wasn't the one who started a thread about us being sold...or signing a Real madrid player.
Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 07:36:12 PM
We are in far,far better shape now then we were this time last season, it's a different Club.
Sponsor is sorted, back in stripes, very cool away strip, and a real leader in charge.
The new ownership issue is a distraction, that is causing unnecessary uncertainty and
It needs to be put to bed as soon as possible either way.
Worse case scenario is JP stays and we will stay solid and look for a top ten finish.
This time last year we would have sold our grandmothers to guarantee 16th or above.
New owners could bring anything...we just don't know... Obviously a £50 million war chest
would be nice.
We could be far worse off....and have Tiny Tim as a Manager, Sideways Sam as a coach ,
a ground that needs tearing down, deluded supporters and an off- purple home shirt, humiliated
In front of the whole world at Wembley and finished the season a hairs breadth from disaster.
COYB

Still shopping at Aldi 13 years after first getting into the Prem. Same old club as far as i can see.

Peace has pulled this selling stunt once before in close season, then has an excuse for not being able to afford decent players.
How much is the prem paying these day's?
Title: Re: Guochuan Lai
Post by: BobTaylor on June 25, 2015, 07:39:50 PM
I think it could be for the villa as much as it pains me to say for the same valuation they have done more in the last 30 years but you just never know i could be wrong, Hope im wrong to id like us to be taken over JP has been fantastic but the prem is moving on now.
Title: Re: Guochuan Lai
Post by: leeiswba on June 25, 2015, 07:40:08 PM
I wasn't the one who started a thread about us being sold...or signing a Real madrid player.

Seems like your the one who believes everything though, come on mate surely you have been on the internet long enough to know anyone can make a rumour up.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 25, 2015, 07:44:51 PM
I think it could be for the villa as much as it pains me to say for the same valuation they have done more in the last 30 years but you just never know i could be wrong, Hope im wrong to id like us to be taken over JP has been fantastic but the prem is moving on now.


will the Villa being 100 million in debt put them off, lets hope so
Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 08:32:02 PM

will the Villa being 100 million in debt put them off, lets hope so

Doubt it if he is worth 27 billion. He can wipe the debts off at a stroke.
Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 09:13:59 PM
Seems like your the one who believes everything though, come on mate surely you have been on the internet long enough to know anyone can make a rumour up.

Yeah, but the rumours start from Peace himself by saying he is selling the club and has parties interested. Then silence. I know it's all pie in the sky, but i think it's cruel of him to get an old Baggie dreaming just to sell ST's.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 25, 2015, 09:20:54 PM
Yeah, but the rumours start from Peace himself by saying he is selling the club and has parties interested. Then silence. I know it's all pie in the sky, but i think it's cruel of him to get an old Baggie dreaming just to sell ST's.
I thought you can get season tickets up to a week before season ?.
Title: Re: Guochuan Lai
Post by: divinewind on June 25, 2015, 09:31:34 PM
Renewals? I can't afford one anyway this season Bob. May pick a few games.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 25, 2015, 09:33:38 PM
Renewals? I can't afford one anyway this season Bob. May pick a few games.
Same boat, should be releasing matchday prices soon hopefully we do that deal with swansea and Newcastle again .
Title: Re: Guochuan Lai
Post by: baggyman68 on June 25, 2015, 09:42:37 PM
So, is the club going to be sold or what?
Title: Re: Guochuan Lai
Post by: popbaggie28 on June 25, 2015, 09:48:08 PM
So, is the club going to be sold or what?
Who knows? It's a roller coaster ride following the baggies 😐
Title: Re: Guochuan Lai
Post by: Topman on June 25, 2015, 10:00:52 PM
So, is the club going to be sold or what?

My thoughts entirely, I'm totally confused with what's going on and who's said what. So what if the billionaire buys villa. We will just get on with it as we usually do.
Title: Re: Guochuan Lai
Post by: royhan on June 25, 2015, 10:26:17 PM
The Club should at least issue a statement to tell fans if the negotiations are continuing or not. Come on Chris Lepkowski earn your corn! As an ex newspaper journalist you should know the importance of keeping fans informed.
Title: Re: Guochuan Lai
Post by: baggie38 on June 25, 2015, 11:01:15 PM
The Club should at least issue a statement to tell fans if the negotiations are continuing or not. Come on Chris Lepkowski earn your corn! As an ex newspaper journalist you should know the importance of keeping fans informed.

No disrespect but the club don't have to do anything. These are private negotiations between a seller and a potential buyer. The fans will find out in the near future one way or another. These things take time. Let's not forget the club not only need to negotiate with the interested party but also need to get approval by the premier league
Title: Re: Guochuan Lai
Post by: 65baggie on June 25, 2015, 11:44:30 PM
Good post. In the hands of lawyers
Title: Re: Guochuan Lai
Post by: WBArgo on June 25, 2015, 11:57:19 PM
Still shopping at Aldi 13 years after first getting into the Prem. Same old club as far as i can see.

Peace has pulled this selling stunt once before in close season, then has an excuse for not being able to afford decent players.
How much is the prem paying these day's?
If Aldi shopping can get you finishes at 13th, 11th, 10th and 8th then so be it. Also, Aldi is quite nice these days!
Title: Re: Guochuan Lai
Post by: kie the baggie on June 26, 2015, 02:28:28 AM
Surely if this bloke was buying villa he wouldnt have allowed for quickbooks to sponsor them he would have his companies. Which makes me wonder why havent we still got a sponsor and why is this bloke making an anouncement within the next week or so. May just be wishful thinking but the logic in him buying villa dont add up to me.
Title: Re: Guochuan Lai
Post by: The Joust on June 26, 2015, 06:58:14 AM
Surely if this bloke was buying villa he wouldnt have allowed for quickbooks to sponsor them he would have his companies. Which makes me wonder y havent we still got a sponsor and why is this bloke making an anouncement within the next week or so. May just be wishful thinking but the logic in him buying villa dont add up to me.

That's a great shout re Quickbooks
Title: Re: Guochuan Lai
Post by: sammyg on June 26, 2015, 07:27:48 AM
I think we will hear something midweek next week about it, don't know why , and probably getting my hopes up but I've got a feeling it may be the Chinese bloke.
Title: Re: Guochuan Lai
Post by: PortsmouthBaggie on June 26, 2015, 07:39:12 AM
Just wait it out, if something happens we'll be told.
Get on with your lives.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 26, 2015, 08:08:34 AM
Where's this 'the owner will have their own sponsor on the shirt' come from? Not many teams have that at all.
Title: Re: Guochuan Lai
Post by: kie the baggie on June 26, 2015, 09:20:08 AM
Qpr
Cardiff
Man city to effect
A way of getting around ffp
Just sounds a bit odd that this chinese bloke would have been happy with quickbooks as sponsor when u look at his worth and buisenesses. Its just a hunch. A very hopeful one!
Title: Re: Guochuan Lai
Post by: A5HB on June 26, 2015, 09:29:44 AM
Why is there this assumption that any Chinese takeover interest must involve Wang Jianlin? Yes, we know that there has been interest from Chinese consortiums in U.S. and Villa and recent reports have suggested the Chinese group is the front runner for us. However, there isn't only one very wealthy man in China who might be interested in sports acquisitions. Wang Jianlin may well be interested in buying us but it's far more likely to be a different person or persons from that part of the world IMO.

Anyway as others have said its all guessing right now. The club have rightly played it close to their chest. They don't need to keep making statements and updates just like they don't need to with transfers. All that does is give fans fuel to jump to conclusions, annoys all the other parties involved and weakens the negotiating position.

I do think we will hear something in the next week or so, simply because we are starting to get too close to the new season.
Title: Re: Guochuan Lai
Post by: tommcneill on June 26, 2015, 10:14:15 AM
I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.

You could make it up??...most of what you have posted was made up

You chose to believe it so why are you blaming JP for something you have been taken in by?

Title: Re: Guochuan Lai
Post by: Hayward1984 on June 26, 2015, 11:07:49 AM
I do agree although I feel if wang jianlin was involved in 1979 taking us to China then it could be likely he would be interested in the baggies instead

He had nothing to do with us going to China. That is 100% fAcT.
Title: Re: Guochuan Lai
Post by: Hayward1984 on June 26, 2015, 11:12:25 AM
Where's this 'the owner will have their own sponsor on the shirt' come from? Not many teams have that at all.

Indeed. Albion have also been whoring the shirt sponsorship out desperately too. So just think that it's a coincidence.
Title: Re: Guochuan Lai
Post by: sammyg on June 26, 2015, 11:26:48 AM
He had nothing to do with us going to China. That is 100% fAcT.

Others said he may have? Who knows
Title: Re: Guochuan Lai
Post by: darby009 on June 26, 2015, 11:41:40 AM
further to add the club are NOT ALLOWED to comment on any potential buyer or acquisition while negotiations are in progress.  This is actually a breach for quoted companies and the penalty can be a prison sentence. 

If negotiations are advanced etc. then a confidentiality agreement would have also been signed.  so why doesn't every one who is getting so het up Chill the F out relax the teams are only returning to pre-season next week and various players contracts do not actually either end or move in to the next year until the 30th June.....so why on earth do people expect a influx of player to have arrived in time for Monday...

Really I have said it before and I will say it again..

the biggest problem with Fans is that since the emergency of Football manager and championship manager they think they have become educated in to the ways in which clubs are run and how easy it is to sign players, this has allowed them to become "keyboard warriors" and bring the whole mood of forums like this down... I really do despair for some people
Title: Re: Guochuan Lai
Post by: apple on June 26, 2015, 11:47:13 AM
I hope we would have been informed by now, considering the deadline JP set, if a takeover wasnt imminent.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 26, 2015, 11:51:50 AM
I thought that vile had signed an exclusivity agreement to negotiate with the yank?  I don't remember hearing that it had been cancelled.  So, they can't be talking to the Chinese.
Title: Re: Guochuan Lai
Post by: mifos on June 26, 2015, 12:30:18 PM
I thought that vile had signed an exclusivity agreement to negotiate with the yank?  I don't remember hearing that it had been cancelled.  So, they can't be talking to the Chinese.

They've signed an exclusivity agreement with someone; don't remember it being confirmed as the US interest. For what its worth my view is that the US interest is the most likely party to have been granted exclusivity, given the Quickbooks tie up and Lerner's US background - though that's just speculation on my part. 

The Wang Jianlin link to us is a case of 2+2 =5 at the moment. i.e. he's about to announce significant sporting/footballing investment in europe (2) + we've been talking to a chinese interest (2) = chinese billionaire is our buyer (5)

As A5HB pointed out , there's more than one wealthy person in China.


Title: Re: Guochuan Lai
Post by: Hayward1984 on June 26, 2015, 12:37:48 PM
Others said he may have? Who knows

Nope.

It comes from this story:
http://www.china.org.cn/world/Off_the_Wire/2015-01/22/content_34624363.htm

Which clearly says that Stephen Perry was involved in the trip.

The real reason Albion ended up going was that the England team pulled out after the embarrassment of not qualifying for the 1978 world cup. Bert Millichip's mutual connection the FA and Albion ensured that Albion filled in.

It just seems that people have read that article wrong.
Title: Re: Guochuan Lai
Post by: SmethDan on June 26, 2015, 12:44:52 PM
I posted a link to an article somewhere earlier on this thread, pointing out how unlikely it was that Wang Jianlin had anything to do with organising the Chinese tour.

This was based on him serving in the Peoples Liberation Army between 1970 and 1988.
Title: Re: Guochuan Lai
Post by: Albionic on June 26, 2015, 12:45:18 PM
Reading that started a mad train of thought in my head,
Mr Jianling now owns Sunseeker, maker of luxury yachts,

I can just imagine a fleet of luxury junks moored below halfords lane bridge waiting to waft visiting dignatories on a voyage of discovery around Tipton, The Soho loop and Smethwick !!
Title: Re: Guochuan Lai
Post by: SmethDan on June 26, 2015, 12:46:20 PM
Baggies Barge eat your heart out.
 :).
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 26, 2015, 12:46:26 PM
This time of year we see who is in the 'glass is half full' camp and who is in the 'glass is half empty but either way it's not been washed properly, there's p*ss in the glass and someone's poured bleach into it' camp.

Title: Re: Guochuan Lai
Post by: BAGGIES4LIFE on June 26, 2015, 12:55:11 PM
I have been involved in 'takeover talks' in years gone by but on a much smaller scale to the current one at the Albion. I had to sign the confidentiality agreement and was warned of instant dismissal for 'gross misconduct', if I uttered a word! Its hardly surprising we have had no leaks from anyone ITK.  Have patience I am sure we will know in a week. It may be a bad analogy but as far as JP is concerned he does not have to inform supporters whats happening, just because you might drink a bottle of coke every day doesnt give you any more right to know whats going on if Coco cola are being taken over! 
Title: Re: Guochuan Lai
Post by: we8seals on June 26, 2015, 03:54:43 PM
Reading that started a mad train of thought in my head,
Mr Jianling now owns Sunseeker, maker of luxury yachts,

I can just imagine a fleet of luxury junks moored below halfords lane bridge waiting to waft visiting dignatories on a voyage of discovery around Tipton, The Soho loop and Smethwick !!

A new range of Sunseeker luxury barges on the Dudley canal maybe!
Title: Re: Guochuan Lai
Post by: divinewind on June 26, 2015, 04:56:45 PM
What a ridiculous post. Calm down!

What part of it is not true?
Title: Re: Guochuan Lai
Post by: Hull Baggie on June 26, 2015, 05:06:08 PM
What part of it is not true?

Most of it apart from Mulumbu leaving.

 How do you now we don't have a sponsor lined up, How do you know we don't have a buyer lined up, The Ben Reeves link is/was just a RUMOUR as was the supposed interest in a real Madrid kid.
Title: Re: Guochuan Lai
Post by: divinewind on June 26, 2015, 05:11:50 PM
The only part probably not true is Jezza fooling us all because he ain't fooled me.
Title: Re: Guochuan Lai
Post by: stever60 on June 26, 2015, 05:14:48 PM
The only part probably not true is Jezza fooling us all because he ain't fooled me.
Oh dear, the club is a shambles, isnt it................
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 26, 2015, 05:16:58 PM
What part of it is not true?

He didn't call you a liar, he said you were being ridiculous and need to calm down.

I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.


We have people interested in the club. We have buyers. They haven't signed off on the deal yet. So calm down.

We went two seasons without a sponsor, why do we NEED to have one in July? Are you really worried about us not having some letters and maybe a picture on our shirts? It doesn't matter, so calm down.

Mulumbu's contract ran down and he's left. Didn't feature much last season and not the lynchpin he used to be. Adequate cover in his position, so calm down.

The Real Madrid 'starlet' in question plays in the Spanish equivalent of league one. Some Spanish newspaper mentioned him weeks ago and you're still mad? Not sure why not signing a Real Madrid reserves player causes you so much panic, so calm down.

Again I seriously worry how everything you read becomes gospel. Angry we haven't signed an unknown South American lad and angry an MK Dons player has been mentioned in the same breath as us by someone on twitter. It's 95% garbage, so calm down.

You can make it up, because it is made up.

Where is ANY of what you've said anything to do with Peace?
Title: Re: Guochuan Lai
Post by: divinewind on June 26, 2015, 05:22:47 PM
Oh dear, the club is a shambles, isnt it................

Peace had done well for the club,admittedly, and he also has done well for himself out of the club at little expense from his own pocket. Who bought the Astle Gates?

Should we be impressed by his achievements? Yes, without a doubt, he is a very astute businessman who has put the club on a sound financial footing.

But i think he reacts better to fans showing signs of discontent, and his reactions following crowds becoming restless with him have been positive for our club rather than when we are passive.

He more than likely reads this board to see what fans expectations are. As long as we all keep saying, relax it's only June,relax it's only July,relax it's only August,relax we still have two days of the window left, he probably thinks our expectations are low and a 17th or 18th finishing position would make us all happy.

I think he is probably right. :(
Title: Re: Guochuan Lai
Post by: divinewind on June 26, 2015, 05:25:03 PM
He didn't call you a liar, he said you were being ridiculous and need to calm down.

I was accused of being premature and told to chill in my earlier thread. But i have been a baggie too long.
Here we are almost July, no buyer, no sponsor, Mulumbu gone, no Real Madrid starlet.
Instead we have James McClean, and are trying to land a player from MK Dons who they got as a free.
You couldn't make it up.

Well done Jezza, fooled us all again.


We have people interested in the club. We have buyers. They haven't signed off on the deal yet. So calm down.

We went two seasons without a sponsor, why do we NEED to have one in July? Are you really worried about us not having some letters and maybe a picture on our shirts? It doesn't matter, so calm down.

Mulumbu's contract ran down and he's left. Didn't feature much last season and not the lynchpin he used to be. Adequate cover in his position, so calm down.

The Real Madrid 'starlet' in question plays in the Spanish equivalent of league one. Some Spanish newspaper mentioned him weeks ago and you're still mad? Not sure why not signing a Real Madrid reserves player causes you so much panic, so calm down.

Again I seriously worry how everything you read becomes gospel. Angry we haven't signed an unknown South American lad and angry an MK Dons player has been mentioned in the same breath as us by someone on twitter. It's 95% garbage, so calm down.

You can make it up, because it is made up.

Where is ANY of what you've said anything to do with Peace?

I never said he called me a liar, i try not to get personal with other Albion fans,unlike some of you on here. He said the post was ridiculous and i merely asked what part of it was not true?
Title: Re: Guochuan Lai
Post by: The Black Pearl on June 26, 2015, 05:32:33 PM
Reading that started a mad train of thought in my head,
Mr Jianling now owns Sunseeker, maker of luxury yachts,

I can just imagine a fleet of luxury junks moored below halfords lane bridge waiting to waft visiting dignatories on a voyage of discovery around Tipton, The Soho loop and Smethwick !!

They build them in Poole, TP lives in Poole, whoooooo! :-\ ;D
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 26, 2015, 06:22:22 PM
I never said he called me a liar, i try not to get personal with other Albion fans,unlike some of you on here. He said the post was ridiculous and i merely asked what part of it was not true?

It was more the 'tell me which part isn't true' bit that seemed a little odd. He was saying calm down, I took the time to elaborate as to why you needn't get so peed off over nothing. In my eyes it seemed like you were suggesting he thought you weren't being truthful, so apologies for making you feel that's what my main point was - really wasn't.
Title: Re: Guochuan Lai
Post by: divinewind on June 26, 2015, 07:04:48 PM
No need to apologise PsalmXX111, we are all baggies and we are all passionate about our club.
Title: Re: Guochuan Lai
Post by: cads_ap_albion on June 28, 2015, 09:56:35 AM
I know someone at the club and even the people itk in the club know nothing.
The only thing they would say to me about it all was 'money' and that albion have a lot of money. But I suppose it is relative
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 09:57:02 AM
To all those peace lovers, the man has always put his own interests firsts the mighty pound. How can a club which is an established Prem club still be in the bottom three when it comes to player recruitment and wages
Title: Re: Guochuan Lai
Post by: sammyg on June 28, 2015, 10:03:37 AM
I know someone at the club and even the people itk in the club know nothing.
The only thing they would say to me about it all was 'money' and that albion have a lot of money. But I suppose it is relative

Sounds positive! Hopefully will hear something this week
Title: Re: Guochuan Lai
Post by: Chipperfan on June 28, 2015, 10:31:22 AM
To all those peace lovers, the man has always put his own interests firsts the mighty pound. How can a club which is an established Prem club still be in the bottom three when it comes to player recruitment and wages

It could also be argued that while JP has been, as you suggest, looking after himself and his money, he has also found the time to lead Albion to becoming an established Prem club.

It hasn't happened by accident you know, he must be doing something right.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 28, 2015, 10:35:11 AM
To all those peace lovers, the man has always put his own interests firsts the mighty pound. How can a club which is an established Prem club still be in the bottom three when it comes to player recruitment and wages

What you've done there is prove that you don't need to spend money to be an established Premier League club and that Peace is good at what he does. You've proven there is no correlation between needing to spend big to become established. I feel you've struggled to get to grips with your own argument.
Title: Re: Guochuan Lai
Post by: Standaman on June 28, 2015, 11:07:33 AM
We are one of the least wealthiest clubs in the division and we have managed to stay in the division for 5 straight years. We spend a bigger proportion of our income on wages than any other club in the division to enable us to compete with teams that have £20m to £30m a year coming in without the need to be underwritten by a wealthy backer (a very mixed blessing). We are not in debt and should the worse happen and we are relegated we would not be teetering on the brink of administration.

Do I love Peace? No because he is not that loveable wealthy businessmen generally aren't but you have to respect that as an achievement. I sincerely hope if there are new owners they can build on that legacy and in five years time we are not looking back at the Peace era as a golden age.

   
Title: Re: Guochuan Lai
Post by: Adamstv on June 28, 2015, 11:51:39 AM
We are one of the least wealthiest clubs in the division and we have managed to stay in the division for 5 straight years. We spend a bigger proportion of our income on wages than any other club in the division to enable us to compete with teams that have £20m to £30m a year coming in without the need to be underwritten by a wealthy backer (a very mixed blessing). We are not in debt and should the worse happen and we are relegated we would not be teetering on the brink of administration.

Do I love Peace? No because he is not that loveable wealthy businessmen generally aren't but you have to respect that as an achievement. I sincerely hope if there are new owners they can build on that legacy and in five years time we are not looking back at the Peace era as a golden age.

That is an excellent post. What we and Peace has achieved on the budgets we have is a tremendous compliment to the powers that be. We have not chased the impossible dream(top6position) but have stabilised ourselves. Yes he has made mistakes  and he has admitted as such ( don't see Mike Ashley doing that) and he has tried to correct them. It will again be another tough season in the Prem but whatever happens we are on a stronger platform than we have been for many years.
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 12:06:50 PM
What you've done there is prove that you don't need to spend money to be an established Premier League club and that Peace is good at what he does. You've proven there is no correlation between needing to spend big to become established. I feel you've struggled to get to grips with your own argument.

I think what he is saying is that despite us being an established premiership team, we can go no further under Jeremy.
Yes Jeremy made us a wealthy club, but we all know and so does Jeremy himself, that under his continued leadership we will be having relegation battles every season and one of these season's our luck will run out.
Even little clubs like Bournemouth are spending more money than us, because they know they are in the best league in the world.


We aren't moving on, player/playing wise. Having money is no guarantee the future is going to be rosy.

We should all be grateful for what Mr Peace has made us, but he has not the power to move us that one step further.
I am not talking about winning the league or champions league stuff, but being a good mid table side and having some decent cup runs. At the moment we have neither the quality or depth of squad to do either.

A change of owner is always a big big gamble, and we could just as easily be worse off than better off. But sometimes you have to take a gamble to progress.

Mr Peace has said he will only sell to someone who has the club's interests and traditions a a priority.
If he does that then we can all look back at our tranformation as a success, and acknowledge the remarkable job Mr Peace has done for us.

Should Mr Peace tay and we eventually go back to the chapionhip, then he will poil the great picture he has painted.

I for one am hoping for a new dawn.

Apologies for the grammar, sticky key problem.
Title: Re: Guochuan Lai
Post by: zippyandbungle on June 28, 2015, 12:17:43 PM
To all those peace lovers, the man has always put his own interests firsts the mighty pound. How can a club which is an established Prem club still be in the bottom three when it comes to player recruitment and wages
And the problem with that?
If you don't like him , buy him out its that simple.
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 12:37:47 PM
And the problem with that?
If you don't like him , buy him out its that simple.
what with my own money not like peace
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 12:40:20 PM
It could also be argued that while JP has been, as you suggest, looking after himself and his money, he has also found the time to lead Albion to becoming an established Prem club.

It hasn't happened by accident you know, he must be doing something right.
no your history mate peace didn't get us into Prem Paul Thompson did
Title: Re: Guochuan Lai
Post by: ian66 on June 28, 2015, 12:42:43 PM
no your history mate peace didn't get us into Prem Paul Thompson did
Chipperfan said established.
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 12:48:40 PM
Chipperfan said established.
took us along time to become established as a relegation candidate ever season under your friend.
Title: Re: Guochuan Lai
Post by: Chipperfan on June 28, 2015, 12:49:42 PM
no your history mate peace didn't get us into Prem Paul Thompson did

Know your grammar mate. As Ian said, I didn't say JP led us to the Prem, I said he had led us to being established.
Title: Re: Guochuan Lai
Post by: ian66 on June 28, 2015, 12:59:46 PM
took us along time to become established as a relegation candidate ever season under your friend.
Whether it took a long time or not, we are where we are, about to start our 6th consecutive season in the top flight.

That's with JP as chairman, you can't give credit to Paul Thompson for that his been gone 14 years!
Title: Re: Guochuan Lai
Post by: Mo on June 28, 2015, 01:01:16 PM
I think what he is saying is that despite us being an established premiership team, we can go no further under Jeremy.
Yes Jeremy made us a wealthy club, but we all know and so does Jeremy himself, that under his continued leadership we will be having relegation battles every season and one of these season's our luck will run out.
Even little clubs like Bournemouth are spending more money than us, because they know they are in the best league in the world.


We aren't moving on, player/playing wise. Having money is no guarantee the future is going to be rosy.

We should all be grateful for what Mr Peace has made us, but he has not the power to move us that one step further.
I am not talking about winning the league or champions league stuff, but being a good mid table side and having some decent cup runs. At the moment we have neither the quality or depth of squad to do either.

A change of owner is always a big big gamble, and we could just as easily be worse off than better off. But sometimes you have to take a gamble to progress.

Mr Peace has said he will only sell to someone who has the club's interests and traditions a a priority.
If he does that then we can all look back at our tranformation as a success, and acknowledge the remarkable job Mr Peace has done for us.

Should Mr Peace tay and we eventually go back to the chapionhip, then he will poil the great picture he has painted.

I for one am hoping for a new dawn.

Apologies for the grammar, sticky key problem.

Well said , an excellent post .
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 01:01:20 PM
Know your grammar mate. As Ian said, I didn't say JP led us to the Prem, I said he had led us to being established.
Your mate told us when he took us over that we would be a top ten team with in five years
Title: Re: Guochuan Lai
Post by: TheJacko2000 on June 28, 2015, 01:06:25 PM
Where's this relegation candidate rubbish come from. Unless people mean we're on of 13 teams that could go down we've only been in real danger one of the five seasons. We're a solid midtable club now and without looking I imagine we're 7th or 8th favourites for the drop. This is as good as it gets. Accept it.
Title: Re: Guochuan Lai
Post by: ian66 on June 28, 2015, 01:11:35 PM
Where's this relegation candidate rubbish come from. Unless people mean we're on of 13 teams that could go down we've only been in real danger one of the five seasons. We're a solid midtable club now and without looking I imagine we're 7th or 8th favourites for the drop. This is as good as it gets. Accept it.
I agree, we are in a far healthier position than what we were all them years ago when we first got promoted.
Title: Re: Guochuan Lai
Post by: zippyandbungle on June 28, 2015, 01:25:27 PM
no your history mate peace didn't get us into Prem Paul Thompson did
"No" your spelling?
Couldn't care less who's money he used or wether he is making himself a tidy profit, how many times does anybody phone up Richard Branson and tell him that they don't agree with his business principles?
Fact is that Peace has done very well by the club and made himself some money on the process , I think you should all be grateful but that is , of course, just my opinion.
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 01:26:50 PM
We would have gone down last season if we had kept Irvine, another Peace appointment. It took fan pressure to get rid of Irvine and Downing and Keily.
We were bloody lucky to stay up last season, and without TP we would have gone.
Yes Mr Peace got  Pulis but why oh why did he have Irvine in the first place? What qualifications drew him to him?
We can't keep riding our luck like this.

Mr Peace is great at balancing the books, but has too much say in team matters of which he knows little. Dan Ashworth helped him  a great deal in that respect, but he is long gone.

Jeff Astle said in his book, Striker, that a football chairman should be like children, seen, but never heard, i agree.
Title: Re: Guochuan Lai
Post by: Chipperfan on June 28, 2015, 01:28:04 PM
Your mate told us when he took us over that we would be a top ten team with in five years

Is that you admitting you were wrong about what I said? You know, changing the subject.
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 01:32:36 PM
"No" your spelling?
Couldn't care less who's money he used or wether he is making himself a tidy profit, how many times does anybody phone up Richard Branson and tell him that they don't agree with his business principles?
Fact is that Peace has done very well by the club and made himself some money on the process , I think you should all be grateful but that is , of course, just my opinion.
you have got one fact right Peace has done bloody well out of this club as compering him to Branson you let yourself down
Title: Re: Guochuan Lai
Post by: paulosull on June 28, 2015, 01:37:19 PM
Is that you admitting you were wrong about what I said? You know, changing the subject.
your great friends words not mine TOP TEN TEAM IN FIVE YEARS
Title: Re: Guochuan Lai
Post by: VVVAlbion on June 28, 2015, 01:59:14 PM
We would have gone down last season if we had kept Irvine, another Peace appointment. It took fan pressure to get rid of Irvine and Downing and Keily.
We were bloody lucky to stay up last season, and without TP we would have gone.
Yes Mr Peace got  Pulis but why oh why did he have Irvine in the first place? What qualifications drew him to him?
We can't keep riding our luck like this.

Mr Peace is great at balancing the books, but has too much say in team matters of which he knows little. Dan Ashworth helped him  a great deal in that respect, but he is long gone.

Jeff Astle said in his book, Striker, that a football chairman should be like children, seen, but never heard, i agree.
Couple of points.
1. We can only speculate whether we would have gone down under Irvine.
2. Point 1 is irrelevant because to not allow that to be in question Irvine was sacked and replaced by Pulis.

Fan pressure?  You're having a laugh.
Title: Re: Guochuan Lai
Post by: tommcneill on June 28, 2015, 02:14:43 PM
your great friends words not mine TOP TEN TEAM IN FIVE YEARS

Well if his friend said it that must prove you right that JP is a no good chairman!!

JP has been brilliant for us and that's provable by where we are now as a club compared to what we were as a club 10-12 years ago
Title: Re: Guochuan Lai
Post by: baggie82 on June 28, 2015, 02:45:59 PM
I'd like to investment to get rid of that stupid metal either side of the east stand and to put a new tear on the halfords; that aside can't see a new owner bringing much of an upside.  What we should be looking to is to lower the match-day ticket prices (not the season tickets which are fine) to sell the ground out and to expand the fan base. We need to grow the club to a 30k to 35k base not the current 25k. Makes no sense at the moment that we sell out in category c games and have gaps when the big clubs come to town. In the long term the club needs to be self-sufficient; we cannot expect a billionaire to throw money in for the sake of it and the rules don't allow it. Interesting couple of months anyway with the takeover rumours and transfer market. Peace's biggest responsibility is not to sell us off to a mercenary for his own gain.
Title: Re: Guochuan Lai
Post by: tommcneill on June 28, 2015, 02:53:21 PM
your great friends words not mine TOP TEN TEAM IN FIVE YEARS

And if I'm not mistaken under JP were we not a top 10 side?
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 03:00:24 PM
Peace has said he won't sell us off unless it is for the good of the club.

We will have to trust him on that one. But this club does need an owner with more financial clout or a big investor.
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 03:02:44 PM
Peace HAS done well for us. Past tense. You can't live in the past in football, ask the wolves fans. The game is about now, and right now Mr Peace hasn't got the know how or financial clout to see us progress where it really matters...on the pitch.
I have never gone to the Hawthorns to have a look at the books.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 28, 2015, 03:42:39 PM
Your mate told us when he took us over that we would be a top ten team with in five years

Where or when has he ever said that?
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 04:14:09 PM
I think he made comments along those lines when he took over Liam, and also said he would expand the Hawthorns. He has actually shrunk it. I have been on when the place was heaving.
Title: Re: Guochuan Lai
Post by: Chipperfan on June 28, 2015, 04:36:38 PM
your great friends words not mine TOP TEN TEAM IN FIVE YEARS

You haven't answered my question, just tried to change the subject. I'll just assume you know I'm correct.

And why are you shouting Paulo?
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 28, 2015, 05:28:25 PM
What has itk know people said? Are we likely to be told anything this week.
Title: Re: Guochuan Lai
Post by: baggie82 on June 28, 2015, 05:48:55 PM
I'm not sure what people are expecting, we will always be one of 13 clubs that could get relegated. First job is always 40pts and then everything else is a bonus depending on form / injuries. No new owner can change that. You can finish 10th one year and 17th the next. I reckon Stoke are doing to drop like a stone this season as they forgotten how to keep clean sheets and lost Moses. Look at Evertons struggle last season.
Title: Re: Guochuan Lai
Post by: RedHead_Baggie on June 28, 2015, 05:57:30 PM
What has itk know people said? Are we likely to be told anything this week.

Nobody seems to know anything.

I can't see anything happening anytime soon. There will probably be an update on the website next week along the lines of 'There just wasn't end enough time to conclude the deal and we need to ensure plans for next season aren't disrupted'.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 28, 2015, 07:01:25 PM
The fact that some people are blindly oblivious to the things Peace has done at this club gives me very little hope for whoever replaces him.

The 'he never spends his own money' argument is the most economically and logically void thing I've ever heard. To criticise a Chairman for not using their own money for club related matters is hilariously ignorant of how businesses work. We aren't a start-up company for goodness sake.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 28, 2015, 07:19:45 PM
The fact that some people are blindly oblivious to the things Peace has done at this club gives me very little hope for whoever replaces him.

The 'he never spends his own money' argument is the most economically and logically void thing I've ever heard. To criticise a Chairman for not using their own money for club related matters is hilariously ignorant of how businesses work. We aren't a start-up company for goodness sake.
But you do normally pay for a non-startup business you acquire... Unless you behave like a venture capitalist.
Title: Re: Guochuan Lai
Post by: robnewbold on June 28, 2015, 07:29:07 PM
After all the talking and the optimism / wariness about a potential buyer I hope it all doesn't just fizzle out next week.

I agree that Peace has done a good job overall for us, whilst making glaring mistakes that almost spelt disaster last season and could have this. It is time for a change.

At the moment it just seems like nothing is happening or going our way, transfer wise we seem to be missing the boat and just not cutting it,  Boaz leaving would be a backward step for us.

We just seem to be spluttering along at the moment, but that could all change I suppose with a marquee signing and a Chinese owner, but im not holding my breath.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 28, 2015, 08:58:00 PM
But you do normally pay for a non-startup business you acquire... Unless you behave like a venture capitalist.

He's a businessman who has acquired the club legally, just as anyone else purchases a company, regardless of where the funds came from. Once they've acquired a business they use revenue produced by the company to further the business. Some chairmen have the money to buy a club outright using money they've made in previous businesses. How he does personal business, providing it's legal is of absolutely no relevance to the club and it's fans. He's taken a large wage but there are several tens of millions more brought into the club than before he started, and that money will stay in the club when he sells it.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on June 28, 2015, 09:10:58 PM
Could be worse it could be Trev the shed :o ;D
Title: Re: Guochuan Lai
Post by: JoRo on June 28, 2015, 09:22:26 PM
Your mate told us when he took us over that we would be a top ten team with in five years

What makes him Chipperfan's "mate? Or his "great friend" for that matter? Plus, having spent time looking online, I cannot see where he promised to make us a top ten side within five years- care to share?
Title: Re: Guochuan Lai
Post by: WBArgo on June 28, 2015, 09:35:57 PM
I made a similar post about 1-2 weeks ago, basically I feel that it's getting to the point where it's becoming an issue, and with every day that passes closer to the new season, I think this 'deal' is becoming more negative for all involved.

It's now 6 weeks to the starting fixture, I think it's naive at this point to say that it's not going to affect stuff like transfers/stability at this moment.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 28, 2015, 09:38:01 PM
http://m.scmp.com/business/companies/article/1826134/wanda-group-chairman-wang-jianlin-plans-buy-more-sports-assets

Not that he's interested in albion, just stirring the pot  ;D
Title: Re: Guochuan Lai
Post by: divinewind on June 28, 2015, 10:36:49 PM
Seeing that and he plans to buy three more sports clubs, i'm not so sure i would want him.

We coud become just a nursery club.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on June 29, 2015, 05:57:17 AM
What's the gut feeling on whether a decision one way or the other will definitely be made this week? I think if it is any longer it will interfere with pre-season and possibly irk Pulis.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 29, 2015, 07:08:44 AM
What's the gut feeling on whether a decision one way or the other will definitely be made this week? I think if it is any longer it will interfere with pre-season and possibly irk Pulis.

I think in the end nothings going to happen. I just feel if things were close, club take ages to announce something. We would have heard if it's happening.
Title: Re: Guochuan Lai
Post by: Standaman on June 29, 2015, 07:44:51 AM
What's the gut feeling on whether a decision one way or the other will definitely be made this week? I think if it is any longer it will interfere with pre-season and possibly irk Pulis.

In the absence of any concrete news we are just guessing. We know that 3 possible buyers undertook due diligence which given that this would involve incurring significant costs on professional fees there is serious intent on the part of the potential bidders.

The due diligence process was completed at the beginning of this month if at that stage none of the bidders were interested we get an announcement to the effect that Peace is not selling. Obviously we know that discussions are on going with at least one of the potential buyers but equally I believe all of them had signed up to buying the club on a business as usual basis, i.e. none of them were proposing making sweeping changes to the way the club is run nor the personnel involved.

Plainly there are plans in place for this window given that we have been actively pursuing Ba and that would be the most expensive signing we would be making regardless of any change in ownership I think it is fair to say the ownership issue is not presenting any practical issues with regard to the day to day operations at the club.

In short there is no reason for Pulis to be irked and frankly the future ownership of the club is far more important than the Head Coach being irked even to the point of flouncing out as he did at Palace. That said I don't believe it will drag on much longer there must come a point where a final offer is made and it is accepted or rejected.       
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 29, 2015, 07:53:48 AM
Let's face it, unless the person buying the club has bought a club before, don't expect some miraculous changes around the club next season anyway. If buyers are doing due diligence (yes I know it's a common business practice and not doing so would be stupid) then they certainly don't have the funds to turn us into Manchester City. Someone with billions to spend (the Chinese guy being touted around for example) could effectively skim our accounts if he's got money to burn.

I'll put it out there that anyone excited we'll be performing expensive miracles needs to check that at the door before the season starts.
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 29, 2015, 08:26:39 AM
Let's face it, unless the person buying the club has bought a club before, don't expect some miraculous changes around the club next season anyway. If buyers are doing due diligence (yes I know it's a common business practice and not doing so would be stupid) then they certainly don't have the funds to turn us into Manchester City. Someone with billions to spend (the Chinese guy being touted around for example) could effectively skim our accounts if he's got money to burn.

I'll put it out there that anyone excited we'll be performing expensive miracles needs to check that at the door before the season starts.

i'm sorry to disagree but billionaires didn't make their money by not having good business acumen and sense, they certainly don't burn their money. If that were the case Manchester City and Chelsea would out bid any other club in the world (Barcelona, Real Madrid, PSG any number of Russian, Ukrainian, Chinese Clubs  etc.) to buy ever player they want irrespective of ever playing them :(
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 29, 2015, 10:33:39 AM
How he does personal business, providing it's legal is of absolutely no relevance to the club and it's fans.

Try telling that to the fans who's shares Peace undervalued and bought.  Try telling Blackburn and Wolves fans there was nothing special about Walker and Hayward.  Of course the business strategies of chairmen are relevant to both the club and fans.

I'm not saying Peace has done anything legally wrong, but he saw an opportunity to make money out of West Brom and boy has he taken it.  I believe that our relative success is a side effect of Peace maximising the value of his asset.

One other question in relation to this sale.  At some point during the break-up and restructuring of the various WBA companies I seem to remember being told the ground, and other adjacent properties being put in a separate company from the football club, whilst a further company was formed to hold the various city centre (and other) residential properties that the club had bought (is the London office rented?).  Anyone know the truth of this, and whether all off the various companies are packaged up in this sale?  (Or will JP still have a property portfolio in his back pocket?)
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 29, 2015, 12:05:38 PM
Try telling that to the fans who's shares Peace undervalued and bought.  Try telling Blackburn and Wolves fans there was nothing special about Walker and Hayward.  Of course the business strategies of chairmen are relevant to both the club and fans.

I'm not saying Peace has done anything legally wrong, but he saw an opportunity to make money out of West Brom and boy has he taken it.  I believe that our relative success is a side effect of Peace maximising the value of his asset.

One other question in relation to this sale.  At some point during the break-up and restructuring of the various WBA companies I seem to remember being told the ground, and other adjacent properties being put in a separate company from the football club, whilst a further company was formed to hold the various city centre (and other) residential properties that the club had bought (is the London office rented?).  Anyone know the truth of this, and whether all off the various companies are packaged up in this sale?  (Or will JP still have a property portfolio in his back pocket?)

Smacks of envy to me, practically everyone if they had the opportunity would take the risk Peace took, how did Abramovich (ex Communist) get his money, even Tony Blair (ex socialist) took his opportunity to make money.

You can bet that Peace, even if he takes every opportunity to maximise his return, will have done everything within the law.

Our club is in a better position now than it was 10 or 12 years ago, infrastructure, academy, stands, pitch, facilities, team absolutely everything has improved

The point is Peace took a RISK, it may have gone belly up like Leeds, Portsmouth etc.

Welcome to the real world, not one of conjecture and cyniscm
Title: Re: Guochuan Lai
Post by: Standaman on June 29, 2015, 12:11:16 PM
Try telling that to the fans who's shares Peace undervalued and bought.  Try telling Blackburn and Wolves fans there was nothing special about Walker and Hayward.  Of course the business strategies of chairmen are relevant to both the club and fans.

I'm not saying Peace has done anything legally wrong, but he saw an opportunity to make money out of West Brom and boy has he taken it.  I believe that our relative success is a side effect of Peace maximising the value of his asset.

One other question in relation to this sale.  At some point during the break-up and restructuring of the various WBA companies I seem to remember being told the ground, and other adjacent properties being put in a separate company from the football club, whilst a further company was formed to hold the various city centre (and other) residential properties that the club had bought (is the London office rented?).  Anyone know the truth of this, and whether all off the various companies are packaged up in this sale?  (Or will JP still have a property portfolio in his back pocket?)

The ground and the investment property are referenced in the latest club report and accounts so are very much part of the club's assets. Walker and Hayward might have been special but neither of their families wanted to continue to subsidise their respective clubs and both left them overly dependent on the golden tit. The sugar daddy model is pretty much dead and fans had better get used to the idea.
Title: Re: Guochuan Lai
Post by: WorcsWBA on June 29, 2015, 12:54:21 PM
The point is Peace took a RISK, it may have gone belly up like Leeds, Portsmouth etc.
What risk has he taken? As I understand it, he's never invested any of his own personal money in the club since he became Chairman (I'm not sure what happened when he first became a director).

Welcome to the real world, not one of conjecture and cyniscm
I'm in the real world of having had my Albion shares compulsorily purchased for a relative pittance. People have every right to be cynical should they feel that way.

Title: Re: Guochuan Lai
Post by: robnewbold on June 29, 2015, 05:04:56 PM
Our club is in a respective, solid position and a damn site better then it was 12 months ago.
There where some horrendous mistakes made in recent times, but we have come through remarkably unscathed, and held on to our PL Status relatively easily this year.
With the kit and the new sponsor being announced on Wednesday and no mention of a new owner at the moment my guess is that Mr P will be around for another season.
Title: Re: Guochuan Lai
Post by: tambag on June 29, 2015, 05:13:33 PM
People forgot what it was like under Trev the Shed or Tony Hale.

I still remeber being near the directors box at Crewe and managing to get a word with Tony Hale and I asked him are we going to spend the money on players and he said yes - when all the time we had no money and had to sell Kilbane to appease the bank manager.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 29, 2015, 05:29:35 PM
The ground and the investment property are referenced in the latest club report and accounts so are very much part of the club's assets.

Thanks for clarifying.
Title: Re: Guochuan Lai
Post by: divinewind on June 29, 2015, 05:38:56 PM
People forgot what it was like under Trev the Shed or Tony Hale.

I still remeber being near the directors box at Crewe and managing to get a word with Tony Hale and I asked him are we going to spend the money on players and he said yes - when all the time we had no money and had to sell Kilbane to appease the bank manager.

We don't forget at all, but we also remember the traditions and history of this club before those days.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 29, 2015, 05:43:47 PM
Judging from most responses it sounds like we should celebrate a chairman who never invested his own money (or not for long anyhow) has taken in the region of £10m in salary and more besides in various share issues and may now walk away with over £100m from the sale.

I wonder what could have been achieved with JP's financial acumen if his heart was in it rather than just his wallet?

Smacks of envy to me, practically everyone if they had the opportunity would take the risk Peace took,

The only reason I'm envious is because if I was in his position I would be able to do something special for West Bromwich Albion FC  rather than take all that money to keep me warm in Barbados.
Title: Re: Guochuan Lai
Post by: sammyg on June 29, 2015, 05:48:56 PM
What's everyone's feeling about the take over then? Gut feeling do we think we will be taken over?
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 29, 2015, 05:51:07 PM
What risk has he taken? As I understand it, he's never invested any of his own personal money in the club since he became Chairman (I'm not sure what happened when he first became a director).
I'm in the real world of having had my Albion shares compulsorily purchased for a relative pittance. People have every right to be cynical should they feel that way.

So you didn't like the world of commerce where you buy and sell shares to make a profit, sometimes you take a loss,  the shares were virtually worthless before Peace took over, you couldn't sell them for more than you bought them. A pittance compared with what you thought they were worth, a share is only worth what someone is willing to pay. If you bought the shares for altruistic reasons, weren't they issued in 1994 to help raise money for the club when they were in dire straights then you can't complain. I believe the shares were £500 and £3000 and came with 10 year rights (correct me if I'm wrong)

Carrying the feeling of disappointment for ever will not allow you to see just how far our club has come

Or would you rather have had the previous chairman who wanted his money back and so we sold Kilban, time to put it behind you and really support the Baggies through thick and thin like we all do

Being such an entrepreneur, with your shares why didn't you put a consortium together to do what Peace has done, afterall you say he only invested a small amount - (can't remember whether it was £250k or £500k)

Title: Re: Guochuan Lai
Post by: WoysWunderful on June 29, 2015, 05:58:17 PM
imagine wanting to make some money from a buisness you owned? this stuff about peaces wages doesnt make ANY sense, how many of you would be prepared to work for free?!
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 29, 2015, 06:20:59 PM
I fail to see what is wrong with a business man entering a business, working his way up, contributing to it's steady success, completely restructuring it, keeping it debt free and then, when he's established and stablised the company, moving on.

I don't know a Mr Peace, I judge him on his work. I have shares in the club still, I still attend shareholder meetings and I'm yet to see where he's done anything wrong.

Without being a majority shareholder he can't sell us, so anyone who wants him gone can't use 'he stole our shares' as something to lambast him for. You look at the majority of businesses worldwide you'll find exactly the same story with regularity. If he'd come in, done nothing and left then by all means you can criticise. But he hasn't. I fail to see any legal, moral or economic reason to think he's done wrong.

We are a business not a recreational activity for someone to play with. Thinking anyone buys a football club to see the club do well and not for the financial game is beyond naive. Abramovic and the Sheik didn't support their respective teams and only care about the team doing well as doing so makes money. And don't throw 'we are a football club with history, etc.' at me. If we aren't a business explain how we make tens of millions a year.

At the end of the day I pose one question to anyone who still criticises JP:

Why does JP, using legal means, making money from the sale of our club, offend you so much? The revenue generated by the club is still in the club, all he's doing is selling the business behind the club to someone else. Legally buying and selling assets of any scale or level is how the world works. The fact he does it legally is better than a lot of large businesses I bet none of you have any problems with.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 29, 2015, 07:17:27 PM
At the end of the day I pose one question to anyone who still criticises JP:

Why does JP, using legal means, making money from the sale of our club, offend you so much? The revenue generated by the club is still in the club, all he's doing is selling the business behind the club to someone else. Legally buying and selling assets of any scale or level is how the world works. The fact he does it legally is better than a lot of large businesses I bet none of you have any problems with.

I've had to set aside my fairly entrenched views on Peace.  We are soon to start our sixth consecutive season in the PL.  I think almost everything about the club has improved significantly during his tenure.  I doubt whether it would be possible to find a shorter or smoother ride to where we are today without that sugar daddy (or even with it - see wulfs).  I, kind of, feel proud when I see WBA (nil debt) 3 - 0 (£1bn debt) Chelsea...

I reserve my criticism of Peace for areas such as fan interaction, financial openness and the fact that someone who is a 'fan' can plan to benefit to the tune of £150m after recovering his initial investment many years ago.  As a fan I don't think I could just take all the money and retire to Barbados.  I'd want to find a way to pay my dues and share the benefit.  Maybe I'm weird?  I like £s, but I love West Brom.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on June 29, 2015, 07:27:48 PM
I've had to set aside my fairly entrenched views on Peace.  We are soon to start our sixth consecutive season in the PL.  I think almost everything about the club has improved significantly during his tenure.  I doubt whether it would be possible to find a shorter or smoother ride to where we are today without that sugar daddy (or even with it - see wulfs).  I, kind of, feel proud when I see WBA (nil debt) 3 - 0 (£1bn debt) Chelsea...

I reserve my criticism of Peace for areas such as fan interaction, financial openness and the fact that someone who is a 'fan' can plan to benefit to the tune of £150m after recovering his initial investment many years ago.  As a fan I don't think I could just take all the money and retire to Barbados.  I'd want to find a way to pay my dues and share the benefit.  Maybe I'm weird?  I like £s, but I love West Brom.

Sadly that's why you'll never become a multimillionaire  ;D Just joking I find that admirable
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 29, 2015, 07:31:33 PM
I'll be glad when we get an answer either way to be honest - a boring saga which will only prove to be more than a hindrance in my opinion.

Wasn't the deadline at the end of June?
Title: Re: Guochuan Lai
Post by: sammyg on June 29, 2015, 07:36:31 PM
I'll be glad when we get an answer either way to be honest - a boring saga which will only prove to be more than a hindrance in my opinion.

Wasn't the deadline at the end of June?

Apparently the end of June, I believe we may here a result on Wednesday perhaps with the new home kit or something
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 29, 2015, 07:38:45 PM
Apparently the end of June, I believe we may here a result on Wednesday perhaps with the new home kit or something

I would hope so - regardless of what the outcome is.

You don't want to head into the meat of your pre-season preparations with a takeover looming in the background.
Title: Re: Guochuan Lai
Post by: sammyg on June 29, 2015, 07:39:54 PM
I would hope so - regardless of what the outcome is.

You don't want to head into the meat of your pre-season preparations with a takeover looming in the background.

Can't see peace wanting that either , I have a feeling we have been took over , just a gut feeling personally
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on June 29, 2015, 07:43:37 PM
Should be sometime this week Mail's article from awhile back said early july at the latest if I remember Correctly
Title: Re: Guochuan Lai
Post by: cuckfield1704 on June 29, 2015, 07:56:44 PM
Apparently the end of June, I believe we may here a result on Wednesday perhaps with the new home kit or something

I will be very surprised if there is a deal and I do not really want one with any of the parties I have seen mentioned.
Also I'm with those on here asking just why should JP, who has already been paid many millions in salary, walk away with another £100m+  for selling our club.
It is a complete clash of negotiating styles and cultures.  Peace.......stubborn, has a price and will not sell unless he gets it and will want to 'see the money'. Those from the other side of the world start by offering next to nothing and work slowly, very slowly, upwards and rarely put the cash upfront.
Title: Re: Guochuan Lai
Post by: A5HB on June 29, 2015, 07:57:11 PM
The players are back in for pre season training properly on Wednesday I think (despite the pre season schedule on the website saying they were back today) so I'd have thought there might be an update around about then as it's essentially the beginning of the new campaign.
Title: Re: Guochuan Lai
Post by: BobTaylor on June 29, 2015, 08:12:35 PM
The players are back in for pre season training properly on Wednesday I think (despite the pre season schedule on the website saying they were back today) so I'd have thought there might be an update around about then as it's essentially the beginning of the new campaign.
Good point.
Title: Re: Guochuan Lai
Post by: darbolina on June 29, 2015, 08:25:18 PM
Unless the whole model of the club and of modern football ownership changed, as fans we will be nothing more than very, loyal committed customers and that's the reality. Provided the club is in good shape (it is) and were relatively successful on the pitch (we are for a club of our size), the owner deserves credit.

 The clubs chance to be run as a mutual/ cooperative by fans slipped away and it's clear we have been more successful with one corporate mind running the club in the past ten years compared tot the ten years before when shareholders were pissing about with the clubs direction. Before Peace, there was simply too much in fighting and conflict within the club for it to have a clear long term strategy.

Whatever the outcome of the takeover talks, I hope we have someone running the club who is committed to a long term vision and not a Randy Lerner style 'kid in a sweet shop' for a couple of years. My personal view is Peace has run the club excellently and has also been a little fortunate to take it over at a time when the premier league brand went through the roof financially. I also believe his time is up and we need a fresh person at the top with new ideas and energy.

Either way, we're in good long term shape ( compare us to Wolves, Villa or Blues not to mention a host of other clubs such as Leeds, Bolton etc....who were above us 10 years ago), we have one of the best pound for pound managers in the country a solid set up (youth team, ground etc) and a squad which has a decent spine to add to.

I hope we finally shake of the inferiority complex web had for 20 years and push on like Suthampton and Swansea have. I think we will with a new owner.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on June 29, 2015, 08:57:35 PM
Should be sometime this week Mail's article from awhile back said early july at the latest if I remember Correctly

What the mail know about the Albion could be written on a postage stamp.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on June 29, 2015, 09:10:59 PM
What the mail know about the Albion could be written on a postage stamp.

That's true  ;) :)
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 29, 2015, 09:19:59 PM
I've had to set aside my fairly entrenched views on Peace.  We are soon to start our sixth consecutive season in the PL.  I think almost everything about the club has improved significantly during his tenure.  I doubt whether it would be possible to find a shorter or smoother ride to where we are today without that sugar daddy (or even with it - see wulfs).  I, kind of, feel proud when I see WBA (nil debt) 3 - 0 (£1bn debt) Chelsea...

I reserve my criticism of Peace for areas such as fan interaction, financial openness and the fact that someone who is a 'fan' can plan to benefit to the tune of £150m after recovering his initial investment many years ago.  As a fan I don't think I could just take all the money and retire to Barbados.  I'd want to find a way to pay my dues and share the benefit.  Maybe I'm weird?  I like £s, but I love West Brom.

Really valid views appreciate the mature, reasoned response to that question. And I agree to a degree; he's done well at the helm and taken us to a point where we are established in a league we had no chance of reaching without his work. And as much as he's an Albion fan but he's a business man. Maybe he sees his parting gift as passing us on to safe, rich hands eh? As much as your personal views on Peace are justified, his actions aren't to the detriment of the club. He's making money off someone else buying us - all revenue made by the club stays with the club. And as much as a rumoured £10m in salary over 15 years seems a lot, we spend over 5 times that per season on staff and make 7 times that per year in revenue. It's a drop in the ocean. How many of us would pay a manager £1m to keep us up each year.
Title: Re: Guochuan Lai
Post by: Yamaka on June 29, 2015, 09:35:11 PM
The most sense I have heard on this topic. Whilst I am not persuaded by the argument that staying within the law makes everything ok we  have to acknowledge work done.
Title: Re: Guochuan Lai
Post by: Baggieblood on June 30, 2015, 03:25:37 AM
Some fans are so naive when it's shocking.

They see JP as this messiah who has led us to the promised land.

The facts are different.

We had a good chairman in paul thompson who sanctioned the building of the east stand.

Peace joined the board with mike o'leary. Both claiming they were life long baggies.

Then using divide and rule tactics he ousted thompson by pitting him against god megson.

Then systematically, along with sister, he embarked on various share purcahse scheme all designed to squeeze out the small shareholder.

In his long tenure he's improved the ground by giving the eest stand £4m lick of paint.

The east stand corners are ripe for development, but no he says our fanbase cannot grow because we surrounded by other clubs.

He tried staying up the cheap way until he realised that he would have to pay prem wages to stay in it.

Jp cares about cash not the Albion.

Ever met anyone who ever sat next to him in life long following of our great club?

I haven't.
Title: Re: Guochuan Lai
Post by: WorcsWBA on June 30, 2015, 08:23:28 AM
He's making money off someone else buying us - all revenue made by the club stays with the club.
That isn't strictly true though. The club's money has been used for everything that he's done as Chairman, either directly or by loans taken out by the club and repaid by the club. As I understand it, that includes the share purchases. However, once he sells his shares, the money he gets for them comes to him personally and doesn't stay within the club.
Title: Re: Guochuan Lai
Post by: Yamaka on June 30, 2015, 08:45:37 AM
It's not called the greed league for nothing. The problem I have is why we seem happy when players are mercenary and yet have an issue with a guy who has invested a good part of himself into the club over a few years now and will be leaving it in better shape than when he started. The amount of money swilling around is obscene to me personally but that is a separate issue. Money attracts a certain kind of person, to expect otherwise is naive. We must hope that whoever comes in next has at least the same regards for the club.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 30, 2015, 08:50:28 AM
That isn't strictly true though. The club's money has been used for everything that he's done as Chairman, either directly or by loans taken out by the club and repaid by the club. As I understand it, that includes the share purchases. However, once he sells his shares, the money he gets for them comes to him personally and doesn't stay within the club.

I'm referring to revenue by the club through prize money, gate receipts, sponsorship, etc. 75% of that revenue currently goes on player wages, and 25% on everything else the club does. Whoever buys the club is buying the potential to produce revenue and current assets.

By speculated figures (I'll use the worst figures as I'm sure I'll be criticised for not) Peace picked up £1.19m last year before tax. I'll point out that 3 years ago Levy at Spurs paid himself £2.2m, David Gill at United was paid £2.6m and Niall Quinn was paid £2.4m after resigning from a director position at Sunderland. Based on latest accounts 1.5% of our YEARLY revenue goes to JP compared to 75% to the players.

So there's clear evidence that he has enough money to buy the shares outright but unless you know the in's and out's of how our holding groups work, you can't make claims that he's not bought his shares outright. Either way he's done everything legally or he'd have been arrested. There's less senior directors at other clubs making much more money than Peace too. Don't hate the player hate the game.
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 30, 2015, 09:03:51 AM
It's not called the greed league for nothing. The problem I have is why we seem happy when players are mercenary and yet have an issue with a guy who has invested a good part of himself into the club over a few years now and will be leaving it in better shape than when he started. The amount of money swilling around is obscene to me personally but that is a separate issue. Money attracts a certain kind of person, to expect otherwise is naive. We must hope that whoever comes in next has at least the same regards for the club.

That's a good point.

Modern football!
Title: Re: Guochuan Lai
Post by: tommcneill on June 30, 2015, 09:08:30 AM
Some fans are so naive when it's shocking.

They see JP as this messiah who has led us to the promised land.

The facts are different.

We had a good chairman in paul thompson who sanctioned the building of the east stand.

Peace joined the board with mike o'leary. Both claiming they were life long baggies.

Then using divide and rule tactics he ousted thompson by pitting him against god megson.

Then systematically, along with sister, he embarked on various share purcahse scheme all designed to squeeze out the small shareholder.

In his long tenure he's improved the ground by giving the eest stand £4m lick of paint.

The east stand corners are ripe for development, but no he says our fanbase cannot grow because we surrounded by other clubs.

He tried staying up the cheap way until he realised that he would have to pay prem wages to stay in it.

Jp cares about cash not the Albion.

Ever met anyone who ever sat next to him in life long following of our great club?

I haven't.

What a ridiculous statement....I bet ive never sat next to you does that mean you are not an Albion fan?

And unless you can prove your facts with cold hard evidence then its your opinion or something you have been told by someone else which again is secondary news
Title: Re: Guochuan Lai
Post by: paulosull on June 30, 2015, 09:24:49 AM
What a ridiculous statement....I bet ive never sat next to you does that mean you are not an Albion fan?

And unless you can prove your facts with cold hard evidence then its your opinion or something you have been told by someone else which again is secondary news
Are you on JPs wage bill, just because someone has a different opinion of your mate dosnt mean their statement is wrong
Title: Re: Guochuan Lai
Post by: Hayward1984 on June 30, 2015, 09:44:22 AM
No actually I agree with Tommy.

What's it matter if Peace has attended 1 or 10000000 games before owning the club?

People are having a massive laugh if they think Peace isn't going to try and make himself some wonger from the potential sale but it is a fact that under his chairmanship we've established ourselves in the Premiership, which prior to him was a distant dream.

Think some people are still carrying knives for him from a few years back and are desperate for something bad to happen to the club so they can be proved right.
Title: Re: Guochuan Lai
Post by: Albion79 on June 30, 2015, 09:57:12 AM
JP runs a successful business, like all people who do that, he will reward himself handsomely, its the same in businesses all over the world.

West Bromwich Albion are a business, for us fans on matchday its entertainment (though not all the time!) but during the week it operates like any other business.

JP may be paying himself more than he was a few years back, i dont know but even if he is, the business is doing better than it was a few years back, its getting richer. JP isnt creaming all the profits and letting other parts of the club go to pot, we are paying bigger transfer fees, wages, got a nice ground, good academy, training centre, etc so all those are being improved as part of the business doing better.

Another chairman may have done a better job than JP, he has made mistakes but there isnt a single person in life or in business who hasnt! Everyone is entitled to their opinion but i have been going for nearly 30 years and even upto 15 or so years ago i never would of dreamed we would be in the position we are now, sadly due to football being the way it is we probably cant progress that much further without major investment but JP to me is the best chairman we have had in my lifetime by a million miles.

Thats not a love in with JP, its just a personal view but i know the West Bromwich Albion as a club today is a lot better than the one i started watching in 86/87. Its okay saying so and so would of done better, maybe they would but the fact remains JP was in charge of a club that has gone from championship relegation contenders to a established premiership club.
Title: Re: Guochuan Lai
Post by: Albionic on June 30, 2015, 10:11:19 AM
Are you on JPs wage bill, just because someone has a different opinion of your mate dosnt mean their statement is wrong

Sorry to disagree Paul but that IS a ridiculous statement.
1. Last 10yrs? unless you are a Director or VIP why would anyone be sat next to JP??
2. Prior to last 10 year, who would know or care if they were sat next to him?

Why people cannot acknowledge that we have the best VALUE chairman in the league (apart from Swansea maybe) is mind boggling to me.

Results, Infrastructure, Financial stability, Manager, all are in top class order, yes he has made mistakes, but he acknowledges that unless most of the megalomaniacs in modern football.

Long live JP, I really hope that if he sells he can be retained in a non-exec role, very likely on lots of shekels!
Title: Re: Guochuan Lai
Post by: baggyman68 on June 30, 2015, 10:12:32 AM
I dont mind Mr Peace making a it of Wonga on the sale but how much profit is enough for him on his original investment?
Just how much profit does he need 5,10,20.40 million quid? He has had a good few years of big wages out of the club and at times has deserved what he took, but if he really had the interests of the club in mind he would go for the right owner to bring investment in infrastructure and playing staff.
This is why he is not a supporter like the rest of us. Like all people with money playing their own real game of monopoly they can never be satisfied and greed takes over.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 10:36:29 AM
I think Mr Peace is seen either as a god or a devil, and will probably always be seen that way long after he's gone.

I must say the crush some poster's seem to have on him on here is a bit unnerving.  ;)
Title: Re: Guochuan Lai
Post by: Albionic on June 30, 2015, 10:39:01 AM
I think Mr Peace is seen either as a god or a devil, and will probably always be seen that way long after he's gone.

I must say the crush some poster's seem to have on him on here is a bit unnerving.  ;)

Look at the alternatives and Dad (oops) is far and away the best option.
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 30, 2015, 10:42:34 AM
I dont mind Mr Peace making a it of Wonga on the sale but how much profit is enough for him on his original investment?
Just how much profit does he need 5,10,20.40 million quid? He has had a good few years of big wages out of the club and at times has deserved what he took, but if he really had the interests of the club in mind he would go for the right owner to bring investment in infrastructure and playing staff.
This is why he is not a supporter like the rest of us. Like all people with money playing their own real game of monopoly they can never be satisfied and greed takes over.

So what, people invest in high risk, high yield speculative shares like gold mining, oil exploration, start ups, microsoft, penny shares, they strike it lucky and get 1000 times more back than they invested.

How do you know Peace is not looking for the right owner - he has stated that he is?
What do you mean like the rest of us? Are you saying if you have some money you are not allowed to be a supporter like the rest of us.

I just can't believe how small minded and jealous of earned wealth some of our supporters are. No wonder the voters in Birmingham, and the Black Country vote the way they do. Life must be a burden with chips on both shoulders :(
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 30, 2015, 10:46:06 AM
I dont mind Mr Peace making a it of Wonga on the sale but how much profit is enough for him on his original investment?
Just how much profit does he need 5,10,20.40 million quid? He has had a good few years of big wages out of the club and at times has deserved what he took, but if he really had the interests of the club in mind he would go for the right owner to bring investment in infrastructure and playing staff.
This is why he is not a supporter like the rest of us. Like all people with money playing their own real game of monopoly they can never be satisfied and greed takes over.

I'll ask it again, why does what he makes from this deal matter with regards to the team and football? We don't lose any money! He's not taking any money out of the club whatsoever! Someone is paying him to take over the clubs revenue making potential. He's not decided to nick 5,000 seats to flog somewhere or all the silverware in the trophy room. He's selling his shares for a price someone is willing to pay. Call it greedy or whatever, it has absolutely no affect on the club and the clubs money or it's assets. If he was asset stripping by all means his sale of the club would be an issue but he's not. He's selling 80% (majority) ownership of the club and it's assets. The money earnt by the club stays there for the new owner of the shares to do what they wish with.

You've also said he's not a real fan because he's wants to make as much money as he can, and apparently isn't looking for the right owner to take over. I assume that means you know exactly who he's selling to to make that claim? 

It doesn't take a degree in economics to work out that you buy low, sell higher. It is without doubt that that's a trademark of Peace's business - look at how much he's made for the club from selling distinctly average players for more than they're worth, something everyone here has praised him for. Why is this any different? Buying and selling of assets is relatively simple and I guarantee if he'd sold the club for a fraction of what it's willing to be bought for people would complain.
Title: Re: Guochuan Lai
Post by: baggyman68 on June 30, 2015, 10:55:42 AM
But why does he have to make the maximum amount of profit? You cant have it both ways mate!
Oh he's a business man and that's what he does and he's blue and white through and through!
How much money does a person need?
And why does it bother you so much that other people have a view different to yours? It was a CLUB before he came with a wide range of shareholders but he has mopped up the lot and now it is a business pure and simple. But what that business relies on is the loyalty and supports of the fans for it to continue and without them then its not worth anything.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 11:11:24 AM
Just before Gary Megson left, he said something along the lines of,it's nice for a club to make money but not at the expense of progressing on the field.
10 years on i don't think the club has progressed either on a playing level or in the terms of the stadium.

Mr Peace has great ambition when buying shares with the clubs money, but shows a lack of ambition when buying players.
He's a five o clock Bilston market visitor.
Title: Re: Guochuan Lai
Post by: DaveWBA on June 30, 2015, 11:29:40 AM
10 years on i don't think the club has progressed either on a playing level or in the terms of the stadium.

Are you joking?! You must be joking.

I don't need to explain why do I?
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 30, 2015, 11:32:14 AM
But why does he have to make the maximum amount of profit? You cant have it both ways mate!
Oh he's a business man and that's what he does and he's blue and white through and through!
How much money does a person need?
And why does it bother you so much that other people have a view different to yours? It was a CLUB before he came with a wide range of shareholders but he has mopped up the lot and now it is a business pure and simple. But what that business relies on is the loyalty and supports of the fans for it to continue and without them then its not worth anything.

Sadly I disagree on all counts.

Why SHOULDN'T he sell it for what someone is willing to pay? If nobody wanted the club at his asking price he wouldn't sell. What he sells the club for, for the fourth time, has NO influence on the clubs revenue. It doesn't matter one iota. So if he were to sell it for less, the only thing that would happen is he makes less money. Nothing else. Literally NOTHING. He could sell the club for 20p, we'd still make £70m+ per year, we'd still pay £50m+ on wages. He's not a charity. Saying he can't make as much money on the club as he wants makes him any less blue and white is such a flawed argument. What he sells the club for makes no difference whatsoever. Give me one reason, one reason at all why someone should sell something for less than someone is willing to pay? He's not taking any money in this deal from you, your family, the club, the players, the league or anyone except the new owners. I don't know how many times that needs to be explained. I can only see jealousy at someone making money, so please if you can find a reason why selling the club for the maximum amount someone is somehow damaging us as a club, tell me it.

And I get the sentiment towards simpler times and football for the love of the game, but when transfer fees and wages were introduced many many years ago, football clubs operated as businesses. You can't throw thousands, millions, billions of pounds worth of money around without being business-like. Christ anyone would think our best bet was to turn us into a non for profit organisation. Let's forget trying to get the best players and best facilities and just not worry about money at all. It baffles me how people can argue and protest at the amount of money in the league and then complain if we don't spend it. To be where we are in the football league system you need to spend money. We couldn't even begin to compete as a football team without making and spending money. Say we stopped operating as a business, not caring about spending money on the best players we can get, or attracting the best players we can afford wage wise, we'd fall so fast it'd make your head spin. To suggest we operate in any other way than a business is suicide. Yes it's because of the money in the game, yes I'd like us to give away free tickets and invest everything we make into the footballing side of things, but it wont happen. It'd kill us.

And the final point I disagree with, but not because I enjoy the fact that I do. This club does NOT rely on the loyalty of supporters. Not even slightly. We could have had an average attendance of fourteen last season, we'd still make £70m+ - football teams rely on the monetary rewards of success. Buy better players, perform better, get more money. Rinse and repeat. You could play every single Premier League game in front of empty stadiums and it'd make virtually no difference to the money a team makes. Portsmouth, Leeds, etc didn't drop out of the big leagues because fans turned away, it's because they acted poorly as a business.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 11:44:00 AM
Pompey and Leeds didn't act foolishly, they acted wrecklessly,in Pompeys case buying and paying players they couldn't afford, in the case of Leeds spending all the dosh in anticipation of a champions league run.

No one is asking for that here,just buying decent premier league players instead of gambling on lower league ones and crocks, and number 2 managers.
Title: Re: Guochuan Lai
Post by: Hayward1984 on June 30, 2015, 11:54:55 AM
Some magical wind up merchants on this board.

Be sensible!
Title: Re: Guochuan Lai
Post by: Mr Cynical on June 30, 2015, 12:00:18 PM
I think Mr Peace is seen either as a god or a devil, and will probably always be seen that way long after he's gone.

I must say the crush some poster's seem to have on him on here is a bit unnerving.  ;)

Its not just Peace its everything.  Some people defended and supported the appointment of Irvine - which is the most ridiculous thing that has happened during Peace's tenure, closely followed by selling all your strikers in the January transfer window without replacing them (when you're in a relegation battle) twice!  Berahino is either the new young god or a jumped up idiot (I think he's probably both).  After approximately 10 years service Brunt is either useless or brilliant, or best at full back rather than wide midfield... but he was never a good captain, right?  We can have an argument about anything.

I don't know if its the same on every forum, but views and positions are entrenched and the fan base is totally divided on all but the most positive issues.
Title: Re: Guochuan Lai
Post by: wba1993dave on June 30, 2015, 12:17:24 PM
Really hope we get some news soon.
Title: Re: Guochuan Lai
Post by: Webby on June 30, 2015, 12:22:05 PM
Unfortunately football isn't a fairy tale and you may tell yourself whatever you like to make you happy but the fact of the mater is football is a business these days. Plain and simple. It doesn't matter how you want to gloss it or look at it. Yes back in the day it was a working mans game with pride for your local club etc but like the rest of the world things have moved on basically motivated by money and greed.

I own a business. I run my business day to day. I LOVE my business and what I've done and I also want to make as much profit for myself out of it whilst making sure it is secure and has the stability and growth I want. But if someone wants to offer for it or I look to sell I don't frankly care how much I love it or have built it up I want as much money as humanly possible for it.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 12:28:21 PM
At the end of the day we used to be a family club, but with Mr Peace buying out all the shareholders we are run by an owner.
If we have to have a sole owner then i would prefer a rich one who will spend money on the team, and not go on holiday every transfer window.
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 30, 2015, 02:11:48 PM
At the end of the day we used to be a family club, but with Mr Peace buying out all the shareholders we are run by an owner.
If we have to have a sole owner then i would prefer a rich one who will spend money on the team, and not go on holiday every transfer window.

we have never been a family club only owned by families of Silk, Millichip and other directors who got their positions by virtue of shares held due to historical family connections. The fans have always been there to supply their income and egos. The club was used to further their business interests and to entertain their friends and associates. A relatively rich mans plaything :( but true

Title: Re: Guochuan Lai
Post by: tommcneill on June 30, 2015, 02:20:22 PM
Are you on JPs wage bill, just because someone has a different opinion of your mate dosnt mean their statement is wrong

Am I on JP's wage bill??

You havent voiced an opinion though you posted that the 'FACTS' are different...thats not an opinion thats trying to tell everyone that you are right and everyone else is wrong as you know exactly how he has gone about his business which im sorry to tell you you dont!

I had an opinion on what you said not on what JP has or hasnt done because I do not have any idea of the inner workings of the club over the last 12-13 years same as you.

Title: Re: Guochuan Lai
Post by: tommcneill on June 30, 2015, 02:27:02 PM
But why does he have to make the maximum amount of profit? You cant have it both ways mate!
Oh he's a business man and that's what he does and he's blue and white through and through!
How much money does a person need?
And why does it bother you so much that other people have a view different to yours? It was a CLUB before he came with a wide range of shareholders but he has mopped up the lot and now it is a business pure and simple. But what that business relies on is the loyalty and supports of the fans for it to continue and without them then its not worth anything.

So he should sell it for less than its worth?

He owns the business and he has put it into a position where it has becomes what its worth...Really I dont see the issue!

All I can see is jealous people....

When you sell your car do you sell it for the least you can get because you have had your value out of it and it owes you nothing?? No you get as much as you can get for it, why should him selling the club be any different
Title: Re: Guochuan Lai
Post by: tommcneill on June 30, 2015, 02:30:25 PM
10 years on i don't think the club has progressed either on a playing level or in the terms of the stadium.

Im flabbergasted to read this statement

Im not even going to hide behind opinion its total rubbish
Title: Re: Guochuan Lai
Post by: tommcneill on June 30, 2015, 02:32:25 PM
At the end of the day we used to be a family club, but with Mr Peace buying out all the shareholders we are run by an owner.
If we have to have a sole owner then i would prefer a rich one who will spend money on the team, and not go on holiday every transfer window.

And when we had all those shareholders what happened?

They ran the club into the ground and we was losing 60k pw until we sold Maresca and Thompson and then Peace steadied the ship before pushing it on

If JP hadnt turned up when he did I doubt very highly that we would be where we are today
Title: Re: Guochuan Lai
Post by: kc56wba on June 30, 2015, 02:56:51 PM
lets create another dozen pages before we hear anything either way
Aye today the deadline?
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 30, 2015, 03:00:20 PM
Alan nixon just tweeted

@reluctantnicko: Major changes coming at West Brom ... tale later once it makes some sense.
Title: Re: Guochuan Lai
Post by: addy on June 30, 2015, 03:03:37 PM
Alan nixon just tweeted

@reluctantnicko: Major changes coming at West Brom ... tale later once it makes some sense.

Dun dun duuuuun.

Interesting, hopefully hear something today then. Thought might not be anything to do with takeover :D
Title: Re: Guochuan Lai
Post by: labaggies on June 30, 2015, 03:14:15 PM
You are deluded, we have never been a family club only owned by families of Silk, Millichip and other directors who got their positions by virtue of shares held due to historical family connections. The fans have always been there to supply their income and egos. The club was used to further their business interests and to entertain their friends and associates. A relatively rich mans plaything :( but true

The statement about shareholding is totally incorrect, the families you mentioned had smallish shareholdings.

There were a lot of Shareholders with only 1 share, and these people were true Baggie people.

Also the position of Chairman, was not rewarded financially.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on June 30, 2015, 03:25:58 PM
From reading that statement from peace it sounds like he's still going to be here to me. Maybe I'm reading too much into that.
Title: Re: Guochuan Lai
Post by: garry on June 30, 2015, 03:34:13 PM
Alan nixon just tweeted

@reluctantnicko: Major changes coming at West Brom ... tale later once it makes some sense.
Terry Burton & Mervyn Day Gone.
We know already.
Title: Re: Guochuan Lai
Post by: VVVAlbion on June 30, 2015, 03:52:18 PM
The statement about shareholding is totally incorrect, the families you mentioned had smallish shareholdings.

There were a lot of Shareholders with only 1 share, and these people were true Baggie people.

Also the position of Chairman, was not rewarded financially.
And the club was playing in league two and nearly bankrupt. How much was a share worth back in the good old days?
Title: Re: Guochuan Lai
Post by: cads_ap_albion on June 30, 2015, 04:30:50 PM
Terry Burton & Mervyn Day Gone.
We know already.

Does this not fit in with the takeover, new shirts and new sponsors. i.e. clearing the decks out for a major mega investor to bring their own people in?

Or am i dreaming?
Title: Re: Guochuan Lai
Post by: mini gaardsoe on June 30, 2015, 04:35:35 PM
Does this not fit in with the takeover, new shirts and new sponsors. i.e. clearing the decks out for a major mega investor to bring their own people in?

Or am i dreaming?

Dreaming.

Will be kit tomorrow, maybe with sponsor, which will have no relevance to any takeover. That's my guess.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on June 30, 2015, 04:43:46 PM
Does this not fit in with the takeover, new shirts and new sponsors. i.e. clearing the decks out for a major mega investor to bring their own people in?

Or am i dreaming?


They are installing the stage and bunting in preperation
Title: Re: Guochuan Lai
Post by: robnewbold on June 30, 2015, 05:05:23 PM
Does this not fit in with the takeover, new shirts and new sponsors. i.e. clearing the decks out for a major mega investor to bring their own people in?

Or am i dreaming?

But wouldn't it be so, so sweet....
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 30, 2015, 05:20:59 PM
The statement about shareholding is totally incorrect, the families you mentioned had smallish shareholdings.

There were a lot of Shareholders with only 1 share, and these people were true Baggie people.

Also the position of Chairman, was not rewarded financially.

The shareholding may not be totally correct, if I had a list I could have named them all, the majority were passes down from family to family it was not until later that a share issue was made and shares traded.  The dealings were all private up to then.

Non the less you did not contradict the remainder of the post concerning directors attitudes to the fans and the way they used their status ;D
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 05:29:25 PM
Im flabbergasted to read this statement

Im not even going to hide behind opinion its total rubbish

Our quality of players have improved slightly over the years, but we are still trying to stay out of the bottom three every season, the rest of the teams improve to, which is why i want decent signings.

Please tell me how the Hawthorns has improved as a stadium over the past 10 years, apart from a lick of paint.
The rebuilding of the Halfords never materialised, the Woodman pub, an historic building, was demolished for nothing. The ground is smaller, you do that when you are expecting sooner or later to be back in the championship.
The Hawthorns Hotel,another historic building has been bought and left to stagnate, but the price of land always goes up and so a nice little earner when the time is right to sell.
Has it never occurred to anyone that Mr Peace is buying all this land under the pretext of ground improvements as another little nest egg?

I would suggest it's not i that's deluded,or naive.
Title: Re: Guochuan Lai
Post by: halifax_baggie on June 30, 2015, 05:38:20 PM
Our quality of players have improved slightly over the years, but we are still trying to stay out of the bottom three every season, the rest of the teams improve to, which is why i want decent signings.

Please tell me how the Hawthorns has improved as a stadium over the past 10 years, apart from a lick of paint.
The rebuilding of the Halfords never materialised, the Woodman pub, an historic building, was demolished for nothing. The ground is smaller, you do that when you are expecting sooner or later to be back in the championship.
The Hawthorns Hotel,another historic building has been bought and left to stagnate, but the price of land always goes up and so a nice little earner when the time is right to sell.
Has it never occurred to anyone that Mr Peace is buying all this land under the pretext of ground improvements as another little nest egg?

I would suggest it's not i that's deluded,or naive.


Give me strength, the Hawthorns Hotel, the Woodman Corner and any other land investments have been bought by the club, not Peace himself, they will form part of the assets of the club and add to it's value - if sold

How many of the players 10 years ago would have got into our first team squad today and held their own against, Man Utd, Chelsea, Liverpool? and you say we haven't improved. We used to just roll over against those teams.

You may not be deluded but have a convenient memory to make the story fit 

Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 05:55:25 PM
Peace owns the club,and West Bromwich holdings whatever that maybe. All this for sale lark is to sell tickets, he has done it before in close season.
He won't sell the goose that's laying the golden eggs.
The time he will sell is when we eventually go down and become a mid table championship club, his own words, despite us being 11th in the all time best football clubs list.

Can anyone tell me what promises Mr Peace has kept? Ground expansion? Top half team?After the disastrous season of Clarke and Mel, which we were bloody lucky not to go down, Peace came out of his hidey hole and said,ok, i have taken a backseat lately, but now i am back and will have an hands on role. The buck stops with me. (thats true).

And then he appoints Alan Irvine.  The mans ambition is frightening.
Title: Re: Guochuan Lai
Post by: labaggies on June 30, 2015, 05:58:00 PM
The shareholding may not be totally correct, if I had a list I could have named them all, the majority were passes down from family to family it was not until later that a share issue was made and shares traded.  The dealings were all private up to then.

Non the less you did not contradict the remainder of the post concerning directors attitudes to the fans and the way they used their status ;D

I commented on the part of your statement that was factually incorrect.

I don't have the inclination to discuss your other comments. I disagree with you, but that's just my opinion.
Title: Re: Guochuan Lai
Post by: WorcsWBA on June 30, 2015, 06:04:52 PM
When you sell your car do you sell it for the least you can get because you have had your value out of it and it owes you nothing?? No you get as much as you can get for it, why should him selling the club be any different
I'm not sure that's a good analogy - people normally pay for a car themselves, rather than getting another company to pay for it which, therefore, makes one feel more comfortable with the idea of them subsequently selling it and getting all the proceeds themselves!
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 30, 2015, 06:15:21 PM
Peace owns the club,and West Bromwich holdings whatever that maybe. All this for sale lark is to sell tickets, he has done it before in close season.
He won't sell the goose that's laying the golden eggs.
The time he will sell is when we eventually go down and become a mid table championship club, his own words, despite us being 11th in the all time best football clubs list.

Can anyone tell me what promises Mr Peace has kept? Ground expansion? Top half team?After the disastrous season of Clarke and Mel, which we were bloody lucky not to go down, Peace came out of his hidey hole and said,ok, i have taken a backseat lately, but now i am back and will have an hands on role. The buck stops with me. (thats true).

And then he appoints Alan Irvine.  The mans ambition is frightening.

I almost stopped reading at 'all this for sale lark is to sell tickets' - that statement is so unbelievably erroneous it almost convinced me to not read anything else. Why would selling the club sell season tickets? There's no link. If you're inclined to by tickets on some fantasy dream that it could lead to a trillionaire buying us and then Messi, you need a reality check. Nobody's season ticket purchasing decision should be based on their own dream for what a sale might mean. If a billionaire bought us, maybe. But pretending to sell the club won't make people buy tickets. I can absolutely assure you nobody at the club put 'pretend to sell the club as a marketing ploy' forward as an idea.

Again, pure insanity would be selling the club as a championship team. We are in our strongest most appealing position now. If JP is the money grabbing dictator you paint him as hell won't sell us in a position where we aren't making sky revenue. You can half the price of the club if we went down, he can't be a money grabbing evil genius if you think he'd sell us for less than he could. You can't have it both ways. If he won't sell 'gooses that lay golden eggs' why would he sell us in a position where the new owner wouldn't make a good return and demand a higher price. And if you think he'd rather make £1.2 million a year in wages over making £100m+ in one sale you're also crazy.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on June 30, 2015, 06:46:27 PM
I'll put this share issue to bed later - the missus works for an insolvency law firm and has access to company records, share holders and parent companies and will be able to definitely tell you how, where and what is owned by Mr Peace. IF I find evidence of foul play or questionable business practices I will of course report that.
Title: Re: Guochuan Lai
Post by: saml30 on June 30, 2015, 07:29:02 PM
Are you joking?! You must be joking.

I don't need to explain why do I?

Wow I can't believe this comment has been made, we are a completely different monster to what we were 10 years ago. The training ground is just the staring point, do you want me to continue?
Title: Re: Guochuan Lai
Post by: Tipton Baggie on June 30, 2015, 07:40:19 PM
We've got some clowns following the albion. JP has done brilliantly for us.

Or are most fans on here started supporting us since 2007 ::)
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 07:47:26 PM
I almost stopped reading at 'all this for sale lark is to sell tickets' - that statement is so unbelievably erroneous it almost convinced me to not read anything else. Why would selling the club sell season tickets? There's no link. If you're inclined to by tickets on some fantasy dream that it could lead to a trillionaire buying us and then Messi, you need a reality check. Nobody's season ticket purchasing decision should be based on their own dream for what a sale might mean. If a billionaire bought us, maybe. But pretending to sell the club won't make people buy tickets. I can absolutely assure you nobody at the club put 'pretend to sell the club as a marketing ploy' forward as an idea.

Again, pure insanity would be selling the club as a championship team. We are in our strongest most appealing position now. If JP is the money grabbing dictator you paint him as hell won't sell us in a position where we aren't making sky revenue. You can half the price of the club if we went down, he can't be a money grabbing evil genius if you think he'd sell us for less than he could. You can't have it both ways. If he won't sell 'gooses that lay golden eggs' why would he sell us in a position where the new owner wouldn't make a good return and demand a higher price. And if you think he'd rather make £1.2 million a year in wages over making £100m+ in one sale you're also crazy.

But he has done it in the past Psalm, again at this time of year. He never say's the club is for sale during the season and then leaving it open for offers.
He always puts a time limit on it.
Why? It's either for sale or it isn't. If you were selling a house you wouldn't put it up for sale and say only for a couple of months though.
All of this uncertainty is stopping us from using the window to get signings in time for Pulis to work with before the kick off.
Peace will then come out and say he couldn't get a suitable buyer.

You know it will happen, but Mr Peace can do no wrong with some.
I don't think he would have put such an high price on us if he had any real intentions of selling, you can get the Villa for the same price.

If he does sell us to a new owner i will be the first to admit i was wrong, but i try and think logically and are not blinded by all of Peace's bull.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 07:49:46 PM
We've got some clowns following the albion. JP has done brilliantly for us.

Or are most fans on here started supporting us since 2007 ::)

I started in the fifties actually,when we were one of the top clubs in the country,as we were in the sixties,seventies and early eighties.
Those of you younger, then yes, this is as good as you have seen it, but please don't patronise older Baggies who are used to a bit more than just survival and licking the chairmans boots.
Title: Re: Guochuan Lai
Post by: baggie53 on June 30, 2015, 07:56:17 PM
I started in the fifties actually,when we were one of the top clubs in the country,as we were in the sixties,seventies and early eighties.
Those of you younger, then yes, this is as good as you have seen it, but please don't patronise older Baggies who are used to a bit more than just survival and licking the chairmans boots.

It was much easier to be among the top teams in those days, no freedom of contract, so if you didn't want your top players to leave they pretty much had to like it or lump it.
Title: Re: Guochuan Lai
Post by: divinewind on June 30, 2015, 08:01:05 PM
It was much easier to be among the top teams in those days, no freedom of contract, so if you didn't want your top players to leave they pretty much had to like it or lump it.

Yes,i agree with that, but you have to question if the chairman is pulling out all the stops to get in decent players. We are linked with so many, ok,paper talk in many cases,but they do sign eventually,for another club.
We quibble over 5k, in the case of that Irish lad who was so anonymous i can't even recall his name.

Come on, we should be better than that.
Title: Re: Guochuan Lai
Post by: Tipton Baggie on June 30, 2015, 08:12:01 PM
I started in the fifties actually,when we were one of the top clubs in the country,as we were in the sixties,seventies and early eighties.
Those of you younger, then yes, this is as good as you have seen it, but please don't patronise older Baggies who are used to a bit more than just survival and licking the chairmans boots.
Never been in the red.

Brilliant training ground

Established premier league team

Everytime we've went down we've bounced straight back.

The days of thompson compared to what we've had under JP. No contest
Title: Re: Guochuan Lai
Post by: glosterbaggie on June 30, 2015, 08:38:06 PM
Never been in the red.

Brilliant training ground

Established premier league team

Everytime we've went down we've bounced straight back.

The days of thompson compared to what we've had under JP. No contest

Thought is was him that laid the foundations?
Title: Re: Guochuan Lai
Post by: sconesy on June 30, 2015, 08:55:30 PM
I honestly think that even the most hardened of businessmen (including Albion fans!), would openly admit that Peace's tenure has had an incredibly positive impact on our club. To say that "I remember the 50's, 60's and 70's" is completely irrelevant - Peace wasn't chairman then! He took over a club and team that was a shadow of it's former self - and with hard work, financial nous and a certain amount of luck (which comes with the territory), we are now an established prem team. All this achieved in an era where (due to the financial landscape) we would of certainly be left in the doldrums had we not of achived our current status. There's been no asset stripping, quite the contrary.....he has improved every area of the club that HE'S seen financially viable with the sole aim of increasing productivity. I slated JP when he appointed Irvine - it was reactionary and the only time I have. Other than that....job well done Mr P!
Title: Re: Guochuan Lai
Post by: hardtobeat on June 30, 2015, 08:56:05 PM
We need the takeover, we need a new vision as i feel JP has run his race and quite possibly become disillusioned with the football rat race. Over the last couple of years he has made some monumental bloomers on the football side of the buisiness,having to sack Burton and Day just a year into thir jobs being the latest. Off the field and onto the non football goings on. e.g the faffing about over the pub next door, the distancing of the club from its roots by holding the AGM in London being high on my list. IF he goes (i`m up there with divinewind in the sceptic stakes) i will willingly thank him for his efforts at establishing us as a premier league club but i will always be left with the thought that he was continually just doing enough and no more, lacking the courage to go just that small extra step.
Title: Re: Guochuan Lai
Post by: RuncornBaggie on June 30, 2015, 09:34:50 PM

10 years on i don't think the club has progressed either on a playing level or in the terms of the stadium.


You my fine young friend have to be on the wind up, I presume the clue is in your name!

On the pitch, the squad we had then was

Hoult
Kirkland
Kuszczak

Robinson
Gaardsoe
Clement
Wallwork
Albrechtsen
Watson
Hodgkiss
Curtis Davies
Scimeca (Left to Cardiff)
Moore (left to Derby)

Quashie
Greening
Johnson
Gera
Chaplow
Kozak
Carter
Rob Davies
Smikle
Inamoto
Dyer (Left to Milwall)
Koumas (Left to Cardiff)

Horsefield
Kamara
Campbell
Ellington
Kanu
Elvins
Nicholson
Earnshaw (Left to Norwich)


Whilst I grant you that there are some quality names there, once this season starts and the transfer window closes, we will have a much better squad this season.

We had Robson in charge!! 

All that is from wiki so it is probably way out

Title: Re: Guochuan Lai
Post by: Brummie Road on June 30, 2015, 10:15:06 PM
But he has done it in the past Psalm, again at this time of year. He never say's the club is for sale during the season and then leaving it open for offers.
He always puts a time limit on it.
Why? It's either for sale or it isn't. If you were selling a house you wouldn't put it up for sale and say only for a couple of months though.
All of this uncertainty is stopping us from using the window to get signings in time for Pulis to work with before the kick off.
Peace will then come out and say he couldn't get a suitable buyer.

You know it will happen, but Mr Peace can do no wrong with some.
I don't think he would have put such an high price on us if he had any real intentions of selling, you can get the Villa for the same price.

If he does sell us to a new owner i will be the first to admit i was wrong, but i try and think logically and are not blinded by all of Peace's bull.

No one at the club has publicly come out with a selling price have they?

So how do you know what the asking price is? and whether it's "high" or otherwise, or how it compares to any speculated asking price for Villa?

How do you know "you can get Villa for the same price?"


Title: Re: Guochuan Lai
Post by: Londonbaggymike on June 30, 2015, 10:21:37 PM
No one at the club has publicly come out with a selling price have they?

So how do you know what the asking price is? and whether it's "high" or otherwise, or how it compares to any speculated asking price for Villa?

How do you know "you can get Villa for the same price?"

Must have done his due diligence!
Title: Re: Guochuan Lai
Post by: addy on June 30, 2015, 11:48:36 PM
Albion’s chairman, has signalled his intention to sell up and it is believed that a Chinese consortium has shown serious interest in taking over at The Hawthorns. Albion are expected to release a statement within the next 24 hours clarifying the takeover situation.

http://www.theguardian.com/football/2015/jun/30/west-brom-rickie-lambert-charlie-austin-terry-burton
Title: Re: Guochuan Lai
Post by: Standaman on July 01, 2015, 12:47:33 AM
John Percy the Telegraph's Midland football reporter has got the same story pretty much except he hedges his bets and says statement in the next 48 hours and does not mention a Chinese consortium. For what it is worth I think Percy is one of the better journalists on the Midlands beat so I would guess that his story is fairly well sourced.
Title: Re: Guochuan Lai
Post by: Nathan on July 01, 2015, 01:01:48 AM
Thought is was him that laid the foundations?

It certainly was Paul Thompson that laid the foundations and without him we would have never been anywhere near the Premier League. Top bloke too, had time for us supporters. He plugged the ever increasing hole in our coffers, turned us from a club losing £30,000 a week into being in the black. An absolute unsung hero for the Albion and a man who will always be appreciated by me.
Title: Re: Guochuan Lai
Post by: lonions on July 01, 2015, 08:13:18 AM
Now i wonder if the Chinese shirt sponsor has anything to do with the takeover!
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 01, 2015, 08:23:26 AM
Now i wonder if the Chinese shirt sponsor has anything to do with the takeover!


interesting indeed
Title: Re: Guochuan Lai
Post by: Standaman on July 01, 2015, 08:38:07 AM
I am not sure you can read too much into the new shirt sponsor and ownership. TLCbet have been associated with the club for a while and some sort of partnership deal with us for the last 2 seasons I think
Title: Re: Guochuan Lai
Post by: hardtobeat on July 01, 2015, 08:41:32 AM
It certainly was Paul Thompson that laid the foundations and without him we would have never been anywhere near the Premier League. Top bloke too, had time for us supporters. He plugged the ever increasing hole in our coffers, turned us from a club losing £30,000 a week into being in the black. An absolute unsung hero for the Albion and a man who will always be appreciated by me.
My feelings exactly Nathan. JP arrived from nowhere and rode his coat tails for a period whilst he and we got established !
Title: Re: Guochuan Lai
Post by: Watton...! on July 01, 2015, 08:52:29 AM
Didn't peace say he didn't want to work with a betting company again after bodog though? That's all I thought
Title: Re: Guochuan Lai
Post by: hardtobeat on July 01, 2015, 09:12:02 AM
Didn't peace say he didn't want to work with a betting company again after bodog though? That's all I thought
perhaps HE isnt going to have to,not for long anyway  :D
Title: Re: Guochuan Lai
Post by: robnewbold on July 01, 2015, 09:43:35 AM
Only time we have been in the red with JP is when we played away Tottenham.

Been a supporter for over 50 years and am extremely happy where we currently are, compared to similar sized clubs. Leeds, Wolves, Birmingham, Notts Forest, Derby etc etc. A lot of that is down to Mr Peace, who is a very astute business man and must take a lot of credit for that but also a lot of responsibility for the last couple of seasons shambolic situations.
Its all changed over the last few months and we are a different club and I think one with a different outlook.
I don't think JP is going anywhere TBH .... either way the prospects for next season are probably the brightest they have been for a long time, and a lot of that ids down to him, like it or not.
Title: Re: Guochuan Lai
Post by: Watton...! on July 01, 2015, 10:05:27 AM
perhaps HE isnt going to have to,not for long anyway  :D

That's what I was getting at  ;D

2+2=5 or what?
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 01, 2015, 10:10:11 AM
Jeremy Peace is the best thing to happen to this football club in my life time.We'll miss him.

I find it laughable that people get their knickers in such a twist about the lack of a few thousand extra seats being installed in the Halfords; ignoring the fact that we are now an established Premier League outfit, that we have one of the best academies in the country, that we have superb training complex and that offering £10M for a footballer plus £70k a week in wages (SEVENTY THOUSAND) is no longer a thing of fantasy.

We've come along way and much of that is down to Jeremy Peace.
Title: Re: Guochuan Lai
Post by: baggyman68 on July 01, 2015, 10:30:45 AM
Has he gone yet?
Title: Re: Guochuan Lai
Post by: Webby on July 01, 2015, 10:36:20 AM
Has he gone yet?

To Barbados or from the club? I'd imagine he's just returned from his summer holidays
Title: Re: Guochuan Lai
Post by: labaggies on July 01, 2015, 10:55:32 AM
Jeremy Peace is the best thing to happen to this football club in my life time.We'll miss him.

I find it laughable that people get their knickers in such a twist about the lack of a few thousand extra seats being installed in the Halfords; ignoring the fact that we are now an established Premier League outfit, that we have one of the best academies in the country, that we have superb training complex and that offering £10M for a footballer plus £70k a week in wages (SEVENTY THOUSAND) is no longer a thing of fantasy.

We've come along way and much of that is down to Jeremy Peace.

I thought that the increase in money in the Premiership was down to Sky, not JP. Maybe you know something that I don't, has he bought out the business from Murdoch....
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 11:03:29 AM
To Barbados or from the club? I'd imagine he's just returned from his summer holidays

So he puts the club up for sale at the end of the season and goes on holiday?
Lot's of commitment there.
Title: Re: Guochuan Lai
Post by: Pie on July 01, 2015, 11:09:42 AM
So he puts the club up for sale at the end of the season and goes on holiday?
Lot's of commitment there.

In the modern world it does not matter where you are, you can still work.

Title: Re: Guochuan Lai
Post by: DaveWBA on July 01, 2015, 11:11:42 AM
To Barbados or from the club? I'd imagine he's just returned from his summer holidays

He hasn't. He was in London last week.

I'm not ITK but if you go online and actually do a bit of research these things are easy enough to find out.
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 11:23:54 AM
In the modern world it does not matter where you are, you can still work.

Not if you are supposed to be showing prospective buyers around a business. Or dealing in buying and selling stock.

Not saying that he has been on holiday, but he has before in the window. Who was that player who came to sign a few seasons back and there was nobody there to meet him?
I think he was Scottish or played for a scottish club.
Title: Re: Guochuan Lai
Post by: Webby on July 01, 2015, 11:26:56 AM
My comment was tongue in cheek in response to has he gone.

Sure he's doing whatever he needs to if he is indeed selling or staying
Title: Re: Guochuan Lai
Post by: Albionic on July 01, 2015, 11:27:12 AM
TLC bet are based in Macau for info, (china's version of Las Vegas)
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 01, 2015, 11:35:17 AM
Not if you are supposed to be showing prospective buyers around a business. Or dealing in buying and selling stock.

Not saying that he has been on holiday, but he has before in the window. Who was that player who came to sign a few seasons back and there was nobody there to meet him?
I think he was Scottish or played for a scottish club.

You can buy and sell stocks using a mobile phone anywhere in the world. And I doubt at this apparently late stage of the process he is showing somebody around the business. I'd have said that was the first thing you do to interested parties, not do it after someones rooted through your accounts with a fine tooth comb. If they're onto due diligence and the actual buying of the club it'll be a lot of lawyers arsing about.

Anyway, apparently an announcement in the next 24 hours about the situation according to the Guardian article earlier.
Title: Re: Guochuan Lai
Post by: Albionic on July 01, 2015, 11:48:55 AM
Hong Kong is on holiday today (celebrating end of british rule) so I would expect announcement tomorrow a.m HK time.  (2:00 am here)
Title: Re: Guochuan Lai
Post by: BoingFlyer on July 01, 2015, 11:51:36 AM
TLC bet are based in Macau for info, (china's version of Las Vegas)


Looks like we have had a deal with them before, more info here:
http://www.sbcnews.co.uk/sportsbook/2015/07/01/tlcbet-signs-first-shirt-sponsorship-deal-with-wba/

 Their sister site Fun88 has had sponsorship deals with Burnley and Spurs in previous years as well:
https://en.wikipedia.org/wiki/Fun88


Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 01, 2015, 01:14:29 PM
I thought that the increase in money in the Premiership was down to Sky, not JP. Maybe you know something that I don't, has he bought out the business from Murdoch....

Yes and why are we receiving that money: Because we are an established Premier League outfit, and why are we established:  Because of the foundations and infrastructure that JP has laid.  We haven’t gained a place at the golden table and enjoyed all its riches through entitlement or luck.  It’s because of the footballing and business decisions which have been made over the last 10 years.
Title: Re: Guochuan Lai
Post by: Albionic on July 01, 2015, 01:19:13 PM
Yes and why are we receiving that money: Because we are an established Premier League outfit, and why are we established:  Because of the foundations and infrastructure that JP has laid.  We haven’t gained a place at the golden table and enjoyed all its riches through entitlement or luck.  It’s because of the footballing and business decisions which have been made over the last 10 years.

Patience fella !
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 01:28:35 PM
Thompson laid the foundations. ;)
Title: Re: Guochuan Lai
Post by: bangkokbaggie on July 01, 2015, 01:31:31 PM
Googling past articles on the potential takeover from a couple of months ago, JP is reported as saying that if any deal is not completed by the beginning of July when pre-season training starts then he will shelve any possible deal so as to not impact on summer transfer dealings.

So based on this surely an announcement will be made by the end of the week on the outcome.
Title: Re: Guochuan Lai
Post by: Jeremy Roland Peace on July 01, 2015, 01:39:13 PM

Looks like we have had a deal with them before, more info here:
http://www.sbcnews.co.uk/sportsbook/2015/07/01/tlcbet-signs-first-shirt-sponsorship-deal-with-wba/

 Their sister site Fun88 has had sponsorship deals with Burnley and Spurs in previous years as well:
https://en.wikipedia.org/wiki/Fun88

I'm pretty sure Fun88 were linked with us last season potentially before we signed with QuickBooks. they seemed determined to sponsor a prem team and made offers to quite a few clubs
Title: Re: Guochuan Lai
Post by: mifos on July 01, 2015, 01:47:08 PM
Thompson laid the foundations. ;)

maybe so, but it still needed someone to build on those foundations and establish us in the premier league . JP has been instrumental in this.

Jack Hayward laid the foundations for the dingles, but it didn't guarantee them succcess. Under Morgan they slipped 2 divisions and are in their last year with parachute payments.
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 01, 2015, 02:46:05 PM
Thompson laid the foundations. ;)

Foundations are fine, you still have to build from there and even you have to admit Peace has built a strong club on those foundations,perhaps without Peace we could still be looking at the foundations.

Divine you are clutching at straws and for someone who started watching the Baggies in the mid fifties, sometime after me might add, you are looking somewhat out of your comfort zone of conjecture and supposed intrigue, you ignore the financial facts and hope to be convincing with the odd snippet, like "Thompson built the foundations". In fact it doesn't take a genius to cut costs and stop the rot, but it takes a lot more to build a business. You have not a shred of evidence that Thompson may have been up to the task
Title: Re: Guochuan Lai
Post by: tambag on July 01, 2015, 02:59:57 PM
Peace and Thompson before him have done a fine job.

Trev the shed and Tony Hale did an awful job and nearly bankrupt the club.  Never before did we haveto have the bank asking for money ASAP to clear some of the overdraft off ! 
Title: Re: Guochuan Lai
Post by: BB74 on July 01, 2015, 03:07:27 PM
Peace and Thompson before him have done a fine job.

Trev the shed and Tony Hale did an awful job and nearly bankrupt the club.  Never before did we haveto have the bank asking for money ASAP to clear some of the overdraft off !

But is that why we rate Thompson and Peace so much? Perhaps Thompson and Peace are doing an average job but anyone will perform well compared to the other clowns we had as Chairmen.
Title: Re: Guochuan Lai
Post by: baggyman68 on July 01, 2015, 03:29:42 PM
has he sold up yet?
Title: Re: Guochuan Lai
Post by: TheJacko2000 on July 01, 2015, 03:34:01 PM
But is that why we rate Thompson and Peace so much? Perhaps Thompson and Peace are doing an average job but anyone will perform well compared to the other clowns we had as Chairmen.

There are no other clubs like us enjoying as much continued success. That alone tells you he's done a great job irrespective of what went before.
Title: Re: Guochuan Lai
Post by: Webby on July 01, 2015, 03:52:04 PM
has he sold up yet?

Not since 5 hours ago when you asked the same thing :P
Title: Re: Guochuan Lai
Post by: robnewbold on July 01, 2015, 03:59:46 PM
Frying pan or Fire anyone?  My thoughts are we are going with the Frying Pan option for another season.
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 04:09:52 PM
So what do we think this supposed statement is going to be? Personally I think he has sold up.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 01, 2015, 04:12:49 PM
Suggestion on another board that any announcement expected today would be early in the morning (2a.m) tomorrow as It is a national holiday today in Hong Kong.

Happy Hong Kong Special Administrative Region Establishment Day everyone!!
Title: Re: Guochuan Lai
Post by: sconesy on July 01, 2015, 04:18:46 PM
So what do we think this supposed statement is going to be? Personally I think he has sold up.

I definitely agree. The fact that things have been so quiet suggest to me that a deal has been close - and a sneeze might blow the pen off the table. If so, this transfer window could be a right roller coaster!!
Title: Re: Guochuan Lai
Post by: Londonbaggymike on July 01, 2015, 04:35:44 PM
I think that if he hadn't sold he would have announced it today as the players are back and everyone's in a (relatively) good mood on the back of the stripes returning and looking decent to boot.  Something along the lines of: "I said that if the sale hadn't gone through by preseason training then we would continue as before and it hasn't so we do"

As there has been no such statement I'd assume the deal is (at the very least close to) going through.
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 04:41:57 PM
I wait with bated breath.  :D

Title: Re: Guochuan Lai
Post by: dangerman on July 01, 2015, 04:44:22 PM
It's like waiting for the John Carew sigining.  ;D

I honestly don't think a sale will happen (this summer anyway).

I have mixed feelings about a sale as there have been too many examples of new owners coming in and trying to put their stamp on the club and failing.

Better the devil you know I think in this instance.
Title: Re: Guochuan Lai
Post by: BB74 on July 01, 2015, 04:50:40 PM
Done deal by all accounts looking at facebook and other WBA forums. We'll see. I'll be happy if JP is still here in 10 years time though.
Title: Re: Guochuan Lai
Post by: DaveWBA on July 01, 2015, 04:57:16 PM
Done deal by all accounts looking at facebook and other WBA forums. We'll see. I'll be happy if JP is still here in 10 years time though.

Facebook is exactly renowned for its reliability but who is posting this information?
Title: Re: Guochuan Lai
Post by: WBArgo on July 01, 2015, 04:58:52 PM
Done deal by all accounts looking at facebook and other WBA forums. We'll see. I'll be happy if JP is still here in 10 years time though.
And supposedly, who is the new buyer?
Title: Re: Guochuan Lai
Post by: baggie_1 on July 01, 2015, 05:00:34 PM
It's like waiting for the John Carew sigining.  ;D

I honestly don't think a sale will happen (this summer anyway).

I have mixed feelings about a sale as there have been too many examples of new owners coming in and trying to put their stamp on the club and failing.

Better the devil you know I think in this instance.
talking of John Carew i hear he's due for a medical this week ;D
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 01, 2015, 05:12:28 PM
I think its clear a deal is close, otherwise Peace would have come out at the start of June like he said he would to state that he was to stay on, that he hasn't suggests that negotiations have taken place and a deal is close to be struck.  A deal of this magnitude takes weeks if not months to seal, I'd be hedging my bets on an imminent deal.

From mutterings on this forum and others I'd say an Australian party showed initial interest and now a Chinese consortium are close, that's pure conjecture but just by the way this has been playing out I'd say its on.
Title: Re: Guochuan Lai
Post by: Bigrob80 on July 01, 2015, 06:55:54 PM
I personally feel a deal is in place for a takeover, if it wasn't on I think we would have found out by now! As much as I hate hearing silence I think this 'silence' is for good reason!
Here's hoping it all goes well whatever the outcome!
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 07:04:05 PM
Surely if those rumours were true about a statement being released by the club it will be tomorrow now as opposed to today.
Title: Re: Guochuan Lai
Post by: koren on July 01, 2015, 08:07:55 PM
Would the takeover hinder the pursuit of Matt Phillips and Asutin ?

The new owner may need time to discuss the transfer plan and the budget with Pulis. 
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 08:17:23 PM
Would the takeover hinder the pursuit of Matt Phillips and Asutin ?

Maybe the new owner will need time to discuss the transfer plan and the budget with Pulis.


Would of thought that conversations would of already took place with potential new investors regarding transfer plans and how much money needs to be involved in those plans.
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 08:40:47 PM
Well not a lot of money if the signings we have made up to yet are anything to go by.
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 08:58:31 PM
Well not a lot of money if the signings we have made up to yet are anything to go by.

So you Dont think Matt Phillips or Charlie Austin will require considerably large fees to get them from QPR.
Title: Re: Guochuan Lai
Post by: Foster#1 on July 01, 2015, 10:00:03 PM
How would everyone react if they wanted to change the name of the club & home shirt like Cardiff ?
 :-X
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 01, 2015, 10:06:20 PM
How would everyone react if they wanted to change the name of the club & home shirt like Cardiff ?
 :-X
Bit of an obvious question bearing in mind the meltdown over the thickness of the stripes last season.
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 10:11:26 PM
How would everyone react if they wanted to change the name of the club & home shirt like Cardiff ?
 :-X

Peace has already stated on a few occasions that he will only sell to the right party who will do right by the club. I would say that changing the clubs name and kit would fit under that.
Title: Re: Guochuan Lai
Post by: divinewind on July 01, 2015, 10:13:53 PM
So you Dont think Matt Phillips or Charlie Austin will require considerably large fees to get them from QPR.

Seeing is believing.
Title: Re: Guochuan Lai
Post by: Foster#1 on July 01, 2015, 10:14:32 PM
Peace has already stated on a few occasions that he will only sell to the right party who will do right by the club. I would say that changing the clubs name and kit would fit under that.

I'm sure the previous owners at Blues & Cardiff was all promised things.
Title: Re: Guochuan Lai
Post by: BobTaylor on July 01, 2015, 10:19:34 PM
Even though it's only the 1st of July today it feels like this has dragged on for a good while even if it's only been 3 weeks or so, maybe that's because there's been so many rumours flying around it gets tiring and slightly boring after a while.

Would expect a decision before the start of next week either way it needs to be settled and we need to start building on mcclean in the new signings department.

Short summer for domestic football even though you can make signings throughout August ideally our business is done during this month not vital but would be nice.

Boing Boing
Title: Re: Guochuan Lai
Post by: lonions on July 01, 2015, 10:23:45 PM
And there now sold to the highest bidder.
Title: Re: Guochuan Lai
Post by: matth on July 01, 2015, 10:31:29 PM
Who is?
Title: Re: Guochuan Lai
Post by: baggie38 on July 01, 2015, 10:54:17 PM
Wonder if John Percy is still confident in his report yesterday where he clearly stated a statement was due from the club over the course of the next 24 hours.
Title: Re: Guochuan Lai
Post by: Albion07 on July 01, 2015, 10:59:14 PM
Wonder if John Percy is still confident in his report yesterday where he clearly stated a statement was due from the club over the course of the next 24 hours.
The article says within 48 hours: "Albion remain in takeover talks and Peace will clarify the club’s short-term future in a statement in the next 48 hours." - Wonder if the short-term bit means the takeover will drag on further?
Title: Re: Guochuan Lai
Post by: TheJacko2000 on July 01, 2015, 11:02:12 PM
The article says within 48 hours: "Albion remain in takeover talks and Peace will clarify the club’s short-term future in a statement in the next 48 hours." - Wonder if the short-term bit means the takeover will drag on further?

If this was football manger we'd be under transfer embargo!!  ;D
Title: Re: Guochuan Lai
Post by: Londonbaggymike on July 01, 2015, 11:39:39 PM
If this was football manger we'd be under transfer embargo!!  ;D

If this was football manager half the people on here would actually know what they were talking about for once!

Fortunately, it isn't.
Title: Re: Guochuan Lai
Post by: darby009 on July 02, 2015, 02:02:32 AM
Right it's 2am where's this announcement?
Title: Re: Guochuan Lai
Post by: MarkW on July 02, 2015, 02:08:11 AM
I doubtes whether we'd announce it this late/early. It would be truly bizzare.

If we announced it at 9am our time that would be 5pm their time, I think? Would make more sense to me
Title: Re: Guochuan Lai
Post by: sammyg on July 02, 2015, 06:46:38 AM
So are we all confident in hearing something today? I hope we do!
Title: Re: Guochuan Lai
Post by: dangerman on July 02, 2015, 08:37:07 AM
So are we all confident in hearing something today? I hope we do!

Personally? I think we might here something, but I don't think the club has been sold.

JP has made some big changes to the back room staff and can't see why he'd do it unless he was staying.

Just my opinion like :)
Title: Re: Guochuan Lai
Post by: sammyg on July 02, 2015, 08:44:37 AM
Personally? I think we might here something, but I don't think the club has been sold.

JP has made some big changes to the back room staff and can't see why he'd do it unless he was staying.

Just my opinion like :)

Tbh I don't even mind if peace is staying, but I just hope we at least here something regarding it today!
Title: Re: Guochuan Lai
Post by: kc56wba on July 02, 2015, 08:46:57 AM
Tbh I don't even mind if peace is staying, but I just hope we at least here something regarding it today!
Yes agree, surely something as got to be announced today one way or other. ???
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 02, 2015, 09:07:34 AM
I think JP is waiting to sign a good player, then say hes staying.
Title: Re: Guochuan Lai
Post by: buzzingbaggie on July 02, 2015, 09:26:22 AM
In the grand scheme of things there's Still plenty of time, wouldn't be surprised if this drags on for another week, even another 2.
Title: Re: Guochuan Lai
Post by: kc56wba on July 02, 2015, 09:29:48 AM
In the grand scheme of things there's Still plenty of time, wouldn't be surprised if this drags on for another week, even another 2.
Football fans are a impatient lot.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 02, 2015, 09:36:23 AM
Peace has already stated on a few occasions that he will only sell to the right party who will do right by the club. I would say that changing the clubs name and kit would fit under that.
They can give all the assurances and lip service they need to during negotiations but when the club is theirs they are free to do what they want is the reality, we’ve seen it happen at so many other clubs.
Title: Re: Guochuan Lai
Post by: mifos on July 02, 2015, 10:11:19 AM
They can give all the assurances and lip service they need to during negotiations but when the club is theirs they are free to do what they want is the reality, we’ve seen it happen at so many other clubs.

unless you sign things into a contract. e.g. Morgan had to invest £30milliion into the dingles as part of the deal to buy them for £10.

if JP gets £150mil for us ... Albion = £150,000,000  Wolves = £10 , and they think they're the bigger club  ;D
Title: Re: Guochuan Lai
Post by: Webby on July 02, 2015, 10:17:33 AM
Friday seems like a nice day for announcements. So maybe tomorrow
Title: Re: Guochuan Lai
Post by: tuamigos on July 02, 2015, 10:24:40 AM
unless you sign things into a contract. e.g. Morgan had to invest £30milliion into the dingles as part of the deal to buy them for £10.

if JP gets £150mil for us ... Albion = £150,000,000  Wolves = £10 , and they think they're the bigger club  ;D

just like to add that Jack Haward had to give them £7.50 changes
Title: Re: Guochuan Lai
Post by: Baggieblood on July 02, 2015, 03:32:06 PM
Only Jeremy knows what happening under his dome but, it'll be great when he does one.

Slowly but surely he's divested small, loyal fans of the little bit of Albion they could ever own, a share or two.

People he praise him crdit him for his business genius are deluded.

What was genius in seeing we were a sleeping giant who had been mis-managed for over 20 years.

He saw that the tv deals were going higher and higher and mimicking the USA tv deals and had the means to come in and divide and rule.

And no i'm not jealous, i'm just someone who loves our great club and see what he's done.

We've paid approx. £4m in corporation tax the last 2 years on £22m approx. profit.

That £4m is in the HMRC coffers and will never be invested in benefit of the club.

It could have gone on new players, a new west stand, filling the east stand corners.

Instead by announcing big profits he was trying to attract a buyer for his and his sister's shares.

Another example of his greed is the £15 for the Astle t-shirts.

Did the money go to the Astle foundation?

No.
Title: Re: Guochuan Lai
Post by: teaguey on July 02, 2015, 03:34:31 PM
My opinion on this is - Better the devil you know than the devil you don't.
Title: Re: Guochuan Lai
Post by: Baggieblood on July 02, 2015, 03:45:25 PM
My opinion on this is - Better the devil you know than the devil you don't.

That's upto to you mate it's free country.

But, i had to laugh when earlier in this thread i read that Peace is going to sign demba ba as a goodbye present.

Yeah, right.

Transfer fees are spread over a period of time as are wages and signing on bonuses.

The new owner would be responsible for that not the "philanthropic" JP.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 02, 2015, 03:58:18 PM
Its time for change and a gamble, we have gone as far as we can with JP and what a jolly good job he has done.
If we are ever to compete for Europe like we did in the seventies then we need the financial clout
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 02, 2015, 04:15:23 PM
Just finished writing a letter to him, thanking him for all that he has done for this football club.  What a great chairman.
Title: Re: Guochuan Lai
Post by: tambag on July 02, 2015, 04:22:04 PM
Just finished writing a letter to him, thanking him for all that he has done for this football club.  What a great chairman.

Is he definatley going ?
Title: Re: Guochuan Lai
Post by: Baggieblood on July 02, 2015, 04:28:17 PM
Fingers crossed!
Title: Re: Guochuan Lai
Post by: salmacis on July 02, 2015, 04:30:43 PM
Its time for change and a gamble, we have gone as far as we can with JP and what a jolly good job he has done.
If we are ever to compete for Europe like we did in the seventies then we need the financial clout
Some people here seem to be labouring under the delusion that we are a big club. We are not (in Premier League terms.) Our average attendance is one of the lowest in the league. Our commercial income is one of the lowest in the league. Our brand recognition is one of the lowest in the league. It's really not helpful to bang on about our history, or the trophies we won 50 years ago or more. Football has changed, and it's now all about money - something our club has never had a lot of. Simply holding our own in the Premier League is an achievement.

For those hoping for a foreign billionaire to come in and splash the cash, realistically, how often does that work? How's that working out for Blackburn, or Cardiff, or Birmingham? The fact is that 7th is realistically the best we can hope to achieve in the Premier League - and I hate that about modern football.
Title: Re: Guochuan Lai
Post by: salmacis on July 02, 2015, 04:33:12 PM
Fingers crossed!
If you don't mind me asking, Baggieblood, how long have you been supporting Albion? Do you remember the dark decade before Paul Thompson? Be careful what you wish for, as it can all come crashing down very quickly.
Title: Re: Guochuan Lai
Post by: BB74 on July 02, 2015, 04:33:59 PM
If you don't mind me asking, Baggieblood, how long have you been supporting Albion? Do you remember the dark decade before Paul Thompson? Be careful what you wish for, as it can all come crashing down very quickly.

I think Baggieblood is Megson in disguise!  ;)
Title: Re: Guochuan Lai
Post by: WBArgo on July 02, 2015, 04:40:18 PM
Some people here seem to be labouring under the delusion that we are a big club. We are not (in Premier League terms.) Our average attendance is one of the lowest in the league. Our commercial income is one of the lowest in the league. Our brand recognition is one of the lowest in the league. It's really not helpful to bang on about our history, or the trophies we won 50 years ago or more. Football has changed, and it's now all about money - something our club has never had a lot of. Simply holding our own in the Premier League is an achievement.

For those hoping for a foreign billionaire to come in and splash the cash, realistically, how often does that work? How's that working out for Blackburn, or Cardiff, or Birmingham? The fact is that 7th is realistically the best we can hope to achieve in the Premier League - and I hate that about modern football.
Completely agree. Historically we're a mid-table, top side club, and that's where we are right now. Before then (pre-Peace), we were underachieving.

Title: Re: Guochuan Lai
Post by: Baggieblood on July 02, 2015, 04:40:41 PM
1987 first game was a 3-2 win over huddersfield (terrible strip) from rainbow stand. Morley hat-trick.

Followed them to over 70 grounds home and abroad (anglo-italian).

Had a season ticket since i could afford one, since 2001.
Title: Re: Guochuan Lai
Post by: salmacis on July 02, 2015, 04:52:55 PM
So you remember the worst of it then. Peace has done a fantastic job in establishing ourselves in the Premier League, without saddling us with debt. The chances are that his successor will not be as astute. Think of the transition from Ashworth to Garlick, for instance. The Championship is full of clubs that could easily replace us, and I don't want to end up back there.
Title: Re: Guochuan Lai
Post by: baggie38 on July 02, 2015, 04:59:01 PM
I wonder if the likes of John Percy will have egg on their faces tonight or will his article stating a statement is 48 hours away prove to be true.
Title: Re: Guochuan Lai
Post by: wba1993dave on July 02, 2015, 05:08:07 PM
John Percy is normally quite reliable, maybe something may leak later on.
Title: Re: Guochuan Lai
Post by: devonbaggiecjaj on July 02, 2015, 05:11:18 PM
if it's to be the Chinese man who buy's into/takes over at the club who's to say he will be make any changes at board level, i believe he left the board at Athletico Madrid intact (although he only brought a 20% stake), he's obviously a very astute business man and knows how to delegate, so for me why would he want to remove JP who has served the club so well when there would be a time of massive upheaval. Surely having someone with JP's experience & track record would only help him see some return on any investment he made, not like the people who were employed at the clubs that struggled following take overs.
Title: Re: Guochuan Lai
Post by: Standaman on July 02, 2015, 05:23:42 PM
I wonder if the likes of John Percy will have egg on their faces tonight or will his article stating a statement is 48 hours away prove to be true.

I would suspect they would merely state they were reporting what they were were told if their source proved to be less reliable than at first thought why should they be embarrassed? I don't think anyone really knows but this will be resolved shortly, if for no other reason that after two months of due diligence and negotiations there is either a deal on the table or there isn't.

Peace will not pull the plug on the sale for the sake of a few days here or there but if there was no serious interest it would have been halted by now.   
Title: Re: Guochuan Lai
Post by: teaguey on July 02, 2015, 06:57:06 PM
It's not just the football and the league position. Look around the ground, it's maintained perfectly. I go away all round the country and see stands far newer looking considerably older than our ground because of the constant maintainence and upgrades we receive.

I grew up watching games from the old Rainbow, struggling to beat Port Vale and Bristol Rovers. I now watch my club from the smethwick beating Chelsea 3-0 and competing in the most watched football league on the planet. I for one and proud of our club and am extremely thankful for what JP has done for the club. Regardless of his penny pinching and business model. A bi-product of his successful business model is indeed a successful football team. I know we moan that it ain't good enough from time to time but at least in my life time this is the most successful Albion I've ever seen.

I do hold a grudge for the Irvine appointment but that's another story.
Title: Re: Guochuan Lai
Post by: baggie96 on July 02, 2015, 07:14:47 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however
Title: Re: Guochuan Lai
Post by: kc56wba on July 02, 2015, 07:20:29 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however
Do you know when it will become public knowledge?
Title: Re: Guochuan Lai
Post by: baggie38 on July 02, 2015, 07:26:03 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however

I'm just getting sick of speculation and hear say now. I just want to hear something concrete from the club.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on July 02, 2015, 07:38:19 PM
I'm just getting sick of speculation and hear say now. I just want to hear something concrete from the club.

Too true, Just want to get on with the closed season
Title: Re: Guochuan Lai
Post by: paulosull on July 02, 2015, 07:58:39 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however
is he one of the wongs from Beijing
Title: Re: Guochuan Lai
Post by: labaggies on July 02, 2015, 08:00:23 PM
if it's to be the Chinese man who buy's into/takes over at the club who's to say he will be make any changes at board level, i believe he left the board at Athletico Madrid intact (although he only brought a 20% stake), he's obviously a very astute business man and knows how to delegate, so for me why would he want to remove JP who has served the club so well when there would be a time of massive upheaval. Surely having someone with JP's experience & track record would only help him see some return on any investment he made, not like the people who were employed at the clubs that struggled following take overs.

Peace will run a mile from The Hawthorns,  as soon as the cheque clears. Peace was never an Albion man, just an opportunistic accountant....
Title: Re: Guochuan Lai
Post by: royhan on July 02, 2015, 08:19:38 PM
There's no harm in anyone speculating about the prospective new owners and what money they will make available for new signings. We should not get away from the basic fact, however, that NO-ONE outside the corridors of power knows who these faceless people are.
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on July 02, 2015, 08:22:14 PM
Peace will run a mile from The Hawthorns,  as soon as the cheque clears. Peace was never an Albion man, just an opportunistic accountant....

And what if he does?

He will leave the Albion in a much better position than when he found it.

- A much better financial footing; the richest we've ever been
- Far greater training facilities
- An academy which is looking successful
- And a good group of players - much better than the ones when he took over
- a sixth consecutive season in the Premier League

That is not a bad record for the opportunistic accountant is it?
Title: Re: Guochuan Lai
Post by: leeiswba on July 02, 2015, 08:40:33 PM
Peace will run a mile from The Hawthorns,  as soon as the cheque clears. Peace was never an Albion man, just an opportunistic accountant....

Just look at it from the point of view from a West Brom fan, and not the agenda you have against the man personally.

If you don't think he has done a cracking job then I don't know what you expect. I really couldn't care less if he has made himself a very rich man in the process, I'll go as far as saying he deserves it and it sums up how good he is at his job when he can make himself rich and make the business successful
Title: Re: Guochuan Lai
Post by: labaggies on July 02, 2015, 08:42:45 PM
And what if he does?

He will leave the Albion in a much better position than when he found it.

- A much better financial footing; the richest we've ever been
- Far greater training facilities
- An academy which is looking successful
- And a good group of players - much better than the ones when he took over
- a sixth consecutive season in the Premier League

That is not a bad record for the opportunistic accountant is it?

I was responding to a comment that Peace should stay in a Director capacity, I'm sorry but your comments are irrelevant to my response.
Title: Re: Guochuan Lai
Post by: labaggies on July 02, 2015, 08:46:57 PM
Just look at it from the point of view from a West Brom fan, and not the agenda you have against the man personally.

If you don't think he has done a cracking job then I don't know what you expect. I really couldn't care less if he has made himself a very rich man in the process, I'll go as far as saying he deserves it and it sums up how good he is at his job when he can make himself rich and make the business successful

Are you saying I'm not a West Brom fan?
This season will be my 58th....
And no matter how good a job you think that he has done, he certainly has not earned the enormous fortune he will take from our club.
Tell me what have we won during his tenure. Nothing.
I wonder how much you think he would deserve if we had been successful.
Title: Re: Guochuan Lai
Post by: Foster#1 on July 02, 2015, 09:00:52 PM
Isn't JP a well known Albion fan even before he took over?
Title: Re: Guochuan Lai
Post by: TheJacko2000 on July 02, 2015, 09:03:34 PM
Are you saying I'm not a West Brom fan?
This season will be my 58th....
And no matter how good a job you think that he has done, he certainly has not earned the enormous fortune he will take from our club.
Tell me what have we won during his tenure. Nothing.
I wonder how much you think he would deserve if we had been successful.

We won the football league Championship.  ;)

Effectively he took a club that was only worth whatever the land the ground is built on was worth and built it into a Premier League club with multi million pound turnover about to enjoy the largest contract in Football history. And to ensure we get a piece of it has employed a manager who doesn't get relegated.  Ever. Sounds like an astute chap who has earned every penny in an industry renowned for losing money by the millions.
Title: Re: Guochuan Lai
Post by: kc56wba on July 02, 2015, 09:07:45 PM
We won the football league Championship.  ;)

Effectively he took a club that was only worth whatever the land the ground is built on was worth and built it into a Premier League club with multi million pound turnover about to enjoy the largest contract in Football history. And to ensure we get a piece of it has employed a manager who doesn't get relegated.  Ever. Sounds like an astute chap who has earned every penny in an industry renowned for losing money by the millions.
Excellent post Jacko, some people will never be happy until he as gone.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on July 02, 2015, 09:09:43 PM
Are you saying I'm not a West Brom fan?
This season will be my 58th....
And no matter how good a job you think that he has done, he certainly has not earned the enormous fortune he will take from our club.
Tell me what have we won during his tenure. Nothing.
I wonder how much you think he would deserve if we had been successful.

On the other hand we won f*ck all the 20 previous years. In fact we were close to financial disaster. your point about whatever he makes from this proposed sale hold no water, Why? because like it or not it is his club. 
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 02, 2015, 09:10:59 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however

I just don't get then why does the club take so long to announce something?
Title: Re: Guochuan Lai
Post by: WBArgo on July 02, 2015, 09:14:17 PM
Are you saying I'm not a West Brom fan?
This season will be my 58th....
And no matter how good a job you think that he has done, he certainly has not earned the enormous fortune he will take from our club.
Tell me what have we won during his tenure. Nothing.
I wonder how much you think he would deserve if we had been successful.
He literally has earned every penny he's made...it's all his.

Call him 'smart', call him 'ruthless' or whatever, he's earned everything by himself, using whatever methods possible. To say he hasn't earned it is stupid...
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on July 02, 2015, 09:17:00 PM
I just don't get then why does the club take so long to announce something?
Ratification probably by the Premier League. Fit and proper test, etc
Title: Re: Guochuan Lai
Post by: LiamTheBaggie on July 02, 2015, 09:24:43 PM
I was responding to a comment that Peace should stay in a Director capacity, I'm sorry but your comments are irrelevant to my response.

Yes they are. Equally, I could have quoted your other posts on the matter.

You labelled him an opportunistic accountant and I have listed several of his achievements which shows him to be a bit more than an opportunistic accountant don't you think?
Title: Re: Guochuan Lai
Post by: leeiswba on July 02, 2015, 09:36:18 PM
Are you saying I'm not a West Brom fan?
This season will be my 58th....
And no matter how good a job you think that he has done, he certainly has not earned the enormous fortune he will take from our club.
Tell me what have we won during his tenure. Nothing.
I wonder how much you think he would deserve if we had been successful.

No I'm not saying that at all mate, I'm saying your agenda with him looks to me that you are totally forgetting that he has been a successful chairman. Can you honestly say he hasn't been???

Yes he has made money along the way but as long as we have been successful as a club why should we care?

If we were languishing at the bottom of the championship for years and he was still making a fortune I wouldn't be happy but he has given us our most successful period for nearly 3 decades
Title: Re: Guochuan Lai
Post by: divinewind on July 02, 2015, 09:45:17 PM
Has he gone yet?  :D
Title: Re: Guochuan Lai
Post by: divinewind on July 02, 2015, 10:01:15 PM
Some people here seem to be labouring under the delusion that we are a big club. We are not (in Premier League terms.) Our average attendance is one of the lowest in the league. Our commercial income is one of the lowest in the league. Our brand recognition is one of the lowest in the league. It's really not helpful to bang on about our history, or the trophies we won 50 years ago or more. Football has changed, and it's now all about money - something our club has never had a lot of. Simply holding our own in the Premier League is an achievement.

For those hoping for a foreign billionaire to come in and splash the cash, realistically, how often does that work? How's that working out for Blackburn, or Cardiff, or Birmingham? The fact is that 7th is realistically the best we can hope to achieve in the Premier League - and I hate that about modern football.

Our average attendance is one of the lowest in the league because under Peace the ground has become smaller.
Our commercial income is one of the lowest in the league because Peace has not got the nous to sell the club to the public.
Our brand recognition is one of the lowest in the league because Peace puts Albion out to play in unrecognisable strips instead of listening to the fans preferred choice.
Football is all about money now,...damn right it is and Peace refuses to pay realistic prices for decent players,frustrating managers in the process. The reason we need a rich investor,or even an investor that spends money on players instead of shares.
Simply holding onto a place in the premier league is an achievement in itself.
Bloody hell,he's even got you thinking like him now.

Keep aiming low and you will never be disillusioned, but you will never taste ecstacy either.
Title: Re: Guochuan Lai
Post by: darby009 on July 02, 2015, 10:08:24 PM
Our average attendance is one of the lowest in the league because under Peace the ground has become smaller.
Our commercial income is one of the lowest in the league because Peace has not got the nous to sell the club to the public.
Our brand recognition is one of the lowest in the league because Peace puts Albion out to play in unrecognisable strips instead of listening to the fans preferred choice.
Football is all about money now,...damn right it is and Peace refuses to pay realistic prices for decent players,frustrating managers in the process. The reason we need a rich investor,or even an investor that spends money on players instead of shares.
Simply holding onto a place in the premier league is an achievement in itself.
Bloody hell,he's even got you thinking like him now.

Keep aiming low and you will never be disillusioned, but you will never taste ecstacy either.

Oh my god I really do despair... I give up I really do
Title: Re: Guochuan Lai
Post by: Webby on July 02, 2015, 10:23:53 PM
Some of these posts cannot be serious surely  ;D

Gives you a laugh after a rubbish day at work though
Title: Re: Guochuan Lai
Post by: divinewind on July 02, 2015, 10:25:12 PM
I actually think a Chinese buyer either rich or not would be better for us than an American or Aussie one. Football and especially the premier league is very big in Asia, and both our commercial income and brand would become truly global. especially with us being the first British club to tour China.

But i don't believe Peace has any intention of selling while we are in the prem,which is why he set such an high price. His is amking a lot of money out of us.

The quotes i have read about the asking price is what i saw in the E&S, £150m to £200m depending on whatt division we were in, so nearer to £200m at present IF you can believe  all you read.
Of course when he does sell it will be for an undisclosed fee, the same as all of his dealings.
Title: Re: Guochuan Lai
Post by: divinewind on July 02, 2015, 10:28:17 PM
Oh my god I really do despair... I give up I really do

I love a well thought out and reasoned response.  :P

Anyway i'm off to bed,perhaps we will hear an announcement tomorrow, or in the next 48 hours, or next week...or maybe never.

Will the last one reading this thread remember to turn the light off please?  ;)
Title: Re: Guochuan Lai
Post by: baggyman68 on July 02, 2015, 10:33:04 PM
He aint going .... another con trick I think.
Two days after his deadline and no sign of an announcement.
Title: Re: Guochuan Lai
Post by: addy on July 02, 2015, 10:43:56 PM
He aint going .... another con trick I think.
Two days after his deadline and no sign of an announcement.

I think if there was no takeover, we would have known by now. I am going to assume we are in the very final stages of a takeover. I might be wrong though.
Title: Re: Guochuan Lai
Post by: Topman on July 02, 2015, 10:46:01 PM
Does anyone think it could be an investor with peace staying on as chairmen having split his control?
Title: Re: Guochuan Lai
Post by: VANDERLEI on July 02, 2015, 10:51:59 PM
I've heard that it's chinese which seems to be common knowledge and that the new owner does have a lot of money. Not wang jianlin however

You haven't heard anything. Nobody has. Just in the same way that you had no clue about the Ba transfer or any other that you make out to have inside info. Stop winding the more gullible members of this forum up, it's getting boring now.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 02, 2015, 11:15:31 PM
You haven't heard anything. Nobody has. Just in the same way that you had no clue about the Ba transfer or any other that you make out to have inside info. Stop winding the more gullible members of this forum up, it's getting boring now.

I'm glad someone has finally put this guy in his place, it's gets so boring reading his pretend 'ITK' drivel.
Title: Re: Guochuan Lai
Post by: baggie38 on July 02, 2015, 11:24:18 PM
I'm glad someone has finally put this guy in his place, it's gets so boring reading his pretend 'ITK' drivel.

I have to agree. Dont get me wrong I share bits and pieces I hear every now and then but it is a rarity and in good faith. No disrespect to baggie96 but if I'm not mistaken I believe none of the stuff he has apparently heard has worked out to be true. The fact of the matter is this is a very private thing between a seller and a consortium who will want to keep their identity secret until a deal is done Atleast. I am slightly Dissapointed it hasn't turned out to be true regarding a statement from the club as John Percy is usually very reliable but I suppose it's not the first time journalists have been incorrect and it wont be the last time.
Title: Re: Guochuan Lai
Post by: costa blanca baggie on July 02, 2015, 11:32:06 PM
I love a well thought out and reasoned response.  :P

Anyway i'm off to bed,perhaps we will hear an announcement tomorrow, or in the next 48 hours, or next week...or maybe never.

Will the last one reading this thread remember to turn the light off please?  ;)
I would do...but I can't find the bloody switch. ::)
Title: Re: Guochuan Lai
Post by: SmethDan on July 02, 2015, 11:32:37 PM
I'm just wondering if Jeremy Peace has met his match in terms of negotiations.

Wondering whether our prospective new man has thrown in a curve ball at the last minute to drive the price down and maximise his potential investment.

You know, throw him off balance a little just when he thinks everything has gone his way.
Definitely not ITK, just a random thought.
 ;).
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 02, 2015, 11:35:21 PM
I love a well thought out and reasoned response.  :P

Anyway i'm off to bed,perhaps we will hear an announcement tomorrow, or in the next 48 hours, or next week...or maybe never.

Will the last one reading this thread remember to turn the light off please?  ;)

Well I hope you rest easy and wake up tomorrow with some common sense instead of the blinkered view you have ;)
Title: Re: Guochuan Lai
Post by: Dan on July 02, 2015, 11:36:01 PM
I think if there was no takeover, we would have known by now. I am going to assume we are in the very final stages of a takeover. I might be wrong though.

Is it really that easy to keep the sale of a business worth over 100m quiet? I'd have thought something like that would be extremely difficult to keep under wraps. An awful lot of work, and an awful lot of people would be involved in such a sale. Usually when you see clubs sold the sellers have been rumoured weeks if not months in advance.
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 02, 2015, 11:40:14 PM
I'm just wondering if Jeremy Peace has met his match in terms of negotiations.

Wondering whether our prospective new man has thrown in a curve ball at the last minute to drive the price down and maximise his potential investment.

You know, throw him off balance a little just when he thinks everything has gone his way.
Definitely not ITK, just a random thought.
 ;).

The Chinese businessmen I've met are very shrewd negotiators, they will not do a deal unless they know you and you earn their respect, hard negotiations with no wriggle room are not the way to go. I hope Peace isn't being intransigent
Title: Re: Guochuan Lai
Post by: addy on July 02, 2015, 11:44:20 PM
Is it really that easy to keep the sale of a business worth over 100m quiet? I'd have thought something like that would be extremely difficult to keep under wraps. An awful lot of work, and an awful lot of people would be involved in such a sale. Usually when you see clubs sold the sellers have been rumoured weeks if not months in advance.

Depends I guess. I mean if they sign and break the NDA you could be basically ruined for life.

I am not sure that much people will be actively working on it, and the people/small team that are, are used to doing it. They would have likely done much bigger deals during their careers.

I am not sure thought really just guessing. I honestly don't know how it works.
Title: Re: Guochuan Lai
Post by: SmethDan on July 02, 2015, 11:45:47 PM
The Chinese businessmen I've met are very shrewd negotiators, they will not do a deal unless they know you and you earn their respect, hard negotiations with no wriggle room are not the way to go. I hope Peace isn't being intransigent

Interesting insight, thank you.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 02, 2015, 11:56:26 PM
Our average attendance is one of the lowest in the league because under Peace the ground has become smaller.
Our commercial income is one of the lowest in the league because Peace has not got the nous to sell the club to the public.
Our brand recognition is one of the lowest in the league because Peace puts Albion out to play in unrecognisable strips instead of listening to the fans preferred choice.
Football is all about money now,...damn right it is and Peace refuses to pay realistic prices for decent players,frustrating managers in the process. The reason we need a rich investor,or even an investor that spends money on players instead of shares.
Simply holding onto a place in the premier league is an achievement in itself.
Bloody hell,he's even got you thinking like him now.

Keep aiming low and you will never be disillusioned, but you will never taste ecstacy either.

-6th consecutive Premier League season, which include 8th, 10th and 11th place finishes.

-State of the art training ground.

-Category 1 Academy Status, thought to be one of the best in the country (5th best   provider of England youth players).

-Huge developments and investment made into an extensive scouting network, medical department and video and statistical analysis.

-No debt.

-Average attendance figure during Peace's entire tenure: 24,519.  Average attendance for the 5 years before Peace's tenure: 16,879.

-Competitive wages, Ba reportedly offered a 3 year contract worth £70,000 a week. 
'Albion’s wages have increased 10-fold in the 12 years that Peace has been in charge. “The top-paid player was on £4,500 a week in the Championship at that time, and that was big for us then.’’ Now Albion’s best-paid player is on £50,000 a week'
(Jeremy Peace interview with Henry Winter, Daily Telegraph, October 2014)

- Competitive season ticket pricing (ranked 3rd cheapest Premier League season ticket 2014/15).

-Commercial and sporting partnerships developed in India.

-The creator of the loan to permanent deal, initially developed by Peace to redirect tax into the following financial year, now common place in football.  Flex down contracts, another innovative concept formulated by Peace, now common place in football.

-New £2M shirt sponsorship deal.

I could go on and on, he has has done a phenomenal job in my eyes.
Title: Re: Guochuan Lai
Post by: iwastherein68 on July 03, 2015, 04:42:15 AM
-6th consecutive Premier League season, which include 8th, 10th and 11th place finishes.

-State of the art training ground.

-Category 1 Academy Status, thought to be one of the best in the country (5th best   provider of England youth players).

-Huge developments and investment made into an extensive scouting network, medical department and video and statistical analysis.

-No debt.

-Average attendance figure during Peace's entire tenure: 24,519.  Average attendance for the 5 years before Peace's tenure: 16,879.

-Competitive wages, Ba reportedly offered a 3 year contract worth £70,000 a week. 
'Albion’s wages have increased 10-fold in the 12 years that Peace has been in charge. “The top-paid player was on £4,500 a week in the Championship at that time, and that was big for us then.’’ Now Albion’s best-paid player is on £50,000 a week'
(Jeremy Peace interview with Henry Winter, Daily Telegraph, October 2014)

- Competitive season ticket pricing (ranked 3rd cheapest Premier League season ticket 2014/15).

-Commercial and sporting partnerships developed in India.

-The creator of the loan to permanent deal, initially developed by Peace to redirect tax into the following financial year, now common place in football.  Flex down contracts, another innovative concept formulated by Peace, now common place in football.

-New £2M shirt sponsorship deal.

I could go on and on, he has has done a phenomenal job in my eyes.
You are spot on, he has done a phenomenal job, and will be recognised by most as having done so, but only when he has gone unfortunately.
Title: Re: Guochuan Lai
Post by: sammyg on July 03, 2015, 06:43:22 AM
John Percy still feels there will be announcement regarding the takeover will be happening soon.
Title: Re: Guochuan Lai
Post by: darby009 on July 03, 2015, 06:46:00 AM
-6th consecutive Premier League season, which include 8th, 10th and 11th place finishes.

-State of the art training ground.

-Category 1 Academy Status, thought to be one of the best in the country (5th best   provider of England youth players).

-Huge developments and investment made into an extensive scouting network, medical department and video and statistical analysis.

-No debt.

-Average attendance figure during Peace's entire tenure: 24,519.  Average attendance for the 5 years before Peace's tenure: 16,879.

-Competitive wages, Ba reportedly offered a 3 year contract worth £70,000 a week. 
'Albion’s wages have increased 10-fold in the 12 years that Peace has been in charge. “The top-paid player was on £4,500 a week in the Championship at that time, and that was big for us then.’’ Now Albion’s best-paid player is on £50,000 a week'
(Jeremy Peace interview with Henry Winter, Daily Telegraph, October 2014)

- Competitive season ticket pricing (ranked 3rd cheapest Premier League season ticket 2014/15).

-Commercial and sporting partnerships developed in India.

-The creator of the loan to permanent deal, initially developed by Peace to redirect tax into the following financial year, now common place in football.  Flex down contracts, another innovative concept formulated by Peace, now common place in football.

-New £2M shirt sponsorship deal.

I could go on and on, he has has done a phenomenal job in my eyes.

spot on ... and more to the point you have saved me the effort or responding to this uneducated and bias drivel
Title: Re: Guochuan Lai
Post by: BobTaylor on July 03, 2015, 06:51:59 AM
Hopefully we hear something today  :) good news Friday.
Title: Re: Guochuan Lai
Post by: Sarniabaggie on July 03, 2015, 07:49:11 AM
-6th consecutive Premier League season, which include 8th, 10th and 11th place finishes.

-State of the art training ground.

-Category 1 Academy Status, thought to be one of the best in the country (5th best   provider of England youth players).

-Huge developments and investment made into an extensive scouting network, medical department and video and statistical analysis.

-No debt.

-Average attendance figure during Peace's entire tenure: 24,519.  Average attendance for the 5 years before Peace's tenure: 16,879.

-Competitive wages, Ba reportedly offered a 3 year contract worth £70,000 a week. 
'Albion’s wages have increased 10-fold in the 12 years that Peace has been in charge. “The top-paid player was on £4,500 a week in the Championship at that time, and that was big for us then.’’ Now Albion’s best-paid player is on £50,000 a week'
(Jeremy Peace interview with Henry Winter, Daily Telegraph, October 2014)

- Competitive season ticket pricing (ranked 3rd cheapest Premier League season ticket 2014/15).

-Commercial and sporting partnerships developed in India.

-The creator of the loan to permanent deal, initially developed by Peace to redirect tax into the following financial year, now common place in football.  Flex down contracts, another innovative concept formulated by Peace, now common place in football.

-New £2M shirt sponsorship deal.

I could go on and on, he has has done a phenomenal job in my eyes.

Phenomenal indeed, as 'iwasthere' says, it is when/if has gone that people might look back and realise the depth of the mans contribution.

We may never be so fortunate again, should a foreign investor arrive and tire of his plaything.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 08:03:07 AM
-6th consecutive Premier League season, which include 8th, 10th and 11th place finishes.

-State of the art training ground.

-Category 1 Academy Status, thought to be one of the best in the country (5th best   provider of England youth players).

-Huge developments and investment made into an extensive scouting network, medical department and video and statistical analysis.

-No debt.

-Average attendance figure during Peace's entire tenure: 24,519.  Average attendance for the 5 years before Peace's tenure: 16,879.

-Competitive wages, Ba reportedly offered a 3 year contract worth £70,000 a week. 
'Albion’s wages have increased 10-fold in the 12 years that Peace has been in charge. “The top-paid player was on £4,500 a week in the Championship at that time, and that was big for us then.’’ Now Albion’s best-paid player is on £50,000 a week'
(Jeremy Peace interview with Henry Winter, Daily Telegraph, October 2014)

- Competitive season ticket pricing (ranked 3rd cheapest Premier League season ticket 2014/15).

-Commercial and sporting partnerships developed in India.

-The creator of the loan to permanent deal, initially developed by Peace to redirect tax into the following financial year, now common place in football.  Flex down contracts, another innovative concept formulated by Peace, now common place in football.

-New £2M shirt sponsorship deal.

I could go on and on, he has has done a phenomenal job in my eyes.


Lock the thread, there's your winner. Undoubtedly though, we'll get another obscure stick to beat JP with now you've proved some wrong; I'm guessing 'he can't be blue and white as he's never down the Sportsman before games' with an unhealthy dose of 'he said we were a mid table championship club' thrown in for good measure.

Anyway Signor, you've pretty much nailed it.
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 08:09:10 AM
spot on ... and more to the point you have saved me the effort or responding to this uneducated and bias drivel

Thank you, totally agree, the facts speak for themselves rather than biased, jealous, ill informed, rumour driven, conspiracy and , personal agenda, spouted on this thread
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 09:01:26 AM
John Percy still feels there will be announcement regarding the takeover will be happening soon.

Got a link?
Title: Re: Guochuan Lai
Post by: AlbionFan on July 03, 2015, 09:05:57 AM
People say you don't know what you've got until it's gone. But sometimes, the truth is, you knew what you had, you just never thought you'd lose it.

I for one will be sorry to see JP leave, although I acknowledge its probably time for change if the club is to progress.

IMHO, JP is a modern day equivalent to Fred Everiss in what he has done and achieved for West Bromwich Albion FC. as Signor_Maresca has summed up so concisely.

 
Title: Re: Guochuan Lai
Post by: sammyg on July 03, 2015, 09:08:58 AM
Got a link?

No , someone on Twitter this morningasked him if he still feels there will be an announcement soon although 48 hours have passed, and he replied 'yes' although I've just looked and it seems he's deleted the comment.
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 09:12:06 AM
No , someone on Twitter this morningasked him if he still feels there will be an announcement soon although 48 hours have passed, and he replied 'yes' although I've just looked and it seems he's deleted the comment.

I see ok, yes I looked but couldn't see anything. Interesting anyway thanks.
Title: Re: Guochuan Lai
Post by: AidantheBaggies on July 03, 2015, 09:25:09 AM
I have heard from someone i know within the game that JP staying on is a strong possibility.
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 09:34:07 AM
I have heard from someone i know within the game that JP staying on is a strong possibility.
Better the devil you know is an old saying. Yes someone can come in with millions and millions of pounds and say they are going to do this, that and the other, then ruin our club.

In other words it will not be the end of the world if JP stays.

Title: Re: Guochuan Lai
Post by: nick_wba on July 03, 2015, 09:37:10 AM
I have heard from someone i know within the game that JP staying on is a strong possibility.

And I pray that’s the case, I really don’t think a foreign owner is worth the gamble. We won’t be a Man City. We won’t be a Chelsea, simple. However there is a high probability we could into a QPR, Blues, Cardiff, Portsmouth, Blackburn, Fulham or Blackpool – the evidence is there. Stability over volatility
Title: Re: Guochuan Lai
Post by: jwilkes90 on July 03, 2015, 09:44:10 AM
It's happening
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 09:46:06 AM
It's happening
How do you know this?
Title: Re: Guochuan Lai
Post by: Welsh_Baggie on July 03, 2015, 10:00:19 AM
And I pray that’s the case, I really don’t think a foreign owner is worth the gamble. We won’t be a Man City. We won’t be a Chelsea, simple. However there is a high probability we could into a QPR, Blues, Cardiff, Portsmouth, Blackburn, Fulham or Blackpool – the evidence is there. Stability over volatility

I used to believe this but i'm 36 years old and the highlights of supporting Albion have been winning the play-offs against Port Vale, The Great Escape, a few promotions and winning the Championship.  I would swap another 30 years of survival for a few good seasons followed by returning to the Championship.  What's the point if we never win anything???  I'd love a cup win and some European football for a few years even if it meant going down afterwards.  Some older fans don't quite understand this as they have seen European football at the Hawthorns and celebrated cup success. If we don't have a big investment and act a little reckless I doubt i'll see it in my lifetime.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 03, 2015, 10:04:21 AM
It's happening


I am made to believe the same
Title: Re: Guochuan Lai
Post by: MarkW on July 03, 2015, 10:09:35 AM
Bill howell has said on Twitter an announcement will be made at 10:30
Title: Re: Guochuan Lai
Post by: Albion07 on July 03, 2015, 10:09:52 AM

I am made to believe the same
Bill Howell says announcement at 10:30
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 03, 2015, 10:10:42 AM
Bill howell has said on Twitter an announcement will be made at 10:30


to be fair if it was big sky would be covering i am sure. JP for me is here to stay
Title: Re: Guochuan Lai
Post by: Albion07 on July 03, 2015, 10:12:10 AM

to be fair if it was big sky would be covering i am sure. JP for me is here to stay
John Percy did say the statement was clarifying the short term future, so could easily be an extension of the deadline.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 03, 2015, 10:13:35 AM
JP is staying on.
Title: Re: Guochuan Lai
Post by: Albion07 on July 03, 2015, 10:17:34 AM
"James Nursey
‏@JamesNursey
#WBA ownership statement at 10.30. Reported previously in promising talks with Chinese group. Likely next step? exclusivity agreement"

https://twitter.com/JamesNursey/status/616897960245338113
Title: Re: Guochuan Lai
Post by: koren on July 03, 2015, 10:18:34 AM
James Nursey ‏@JamesNursey

#WBA ownership statement at 10.30. Reported previously in promising talks with Chinese group. Likely next step? exclusivity agreement
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 10:30:31 AM
cant take this, whatever happens there will be some fans who will be happy and some who wont.

Just want it over with
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 03, 2015, 10:37:08 AM
Change their mind now lol
Title: Re: Guochuan Lai
Post by: baggie38 on July 03, 2015, 10:38:42 AM
Has the fax machine broke?
Title: Re: Guochuan Lai
Post by: mrmojorisin on July 03, 2015, 10:39:33 AM
Has the fax machine broke?
Made in China!
Title: Re: Guochuan Lai
Post by: koren on July 03, 2015, 10:40:33 AM
Very excited, keep clicking f5, but still can't find the statement lol   
Title: Re: Guochuan Lai
Post by: The Joust on July 03, 2015, 10:40:37 AM
10:30 in China maybe ...?
Title: Re: Guochuan Lai
Post by: MarkW on July 03, 2015, 10:43:02 AM
To avoid us having four or five copies of the same announcement, I will post the link and the text of the article into here as soon as it is up.
Title: Re: Guochuan Lai
Post by: BAGGIES4LIFE on July 03, 2015, 10:43:23 AM
China are 7 hours ahead so must be PM
Title: Re: Guochuan Lai
Post by: mini gaardsoe on July 03, 2015, 10:46:41 AM
Bill Howell.... Honestly guys.. this is worth waiting for #wba
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 10:47:38 AM
Nervous, this will change the club for years.. might be good.. could be disastrous.
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 10:50:30 AM
Bill Howell.... Honestly guys.. this is worth waiting for #wba

What a tease
Title: Re: Guochuan Lai
Post by: mifos on July 03, 2015, 10:51:28 AM
can we have an official statement explaining what happened to the official statement due at 10.30 please
Title: Re: Guochuan Lai
Post by: SmethDan on July 03, 2015, 10:56:48 AM
Crikey it feels like Christmas Eve as a kid.
Hope I don't end up getting a mouldy orange for a laugh again.
 :P.
Title: Re: Guochuan Lai
Post by: batesg123 on July 03, 2015, 10:58:16 AM
These times are guidelines given to journalists with the understanding that they don't say anything until the announcement. It basically gives them time to organise somebody to report on whatever it is. The time shouldn't be taken as gospel and they really shouldn't announce that there is an announcement due. Some of them just cant help themselves.
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 10:58:23 AM
Maybe the announcement is FA seen the kit video and have given Dawson a 1 game ban?

(robbed from somewhere else, funny though)
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 11:00:14 AM
A new announcement will be made as another team has nicked our investor in a last minute turn around

meanwhile my work duties have gone down the pan, can't concentrate.
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:02:04 AM
Q: What do you call a Chinese Billionaire?

A: Cha Ching!

 ;D
Title: Re: Guochuan Lai
Post by: MarkW on July 03, 2015, 11:02:34 AM
technical issues rather than a cancellation of statement. Any time now #wba

- Bill Howell
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 11:02:44 AM
I was going down the pub but ay now, please hurry up and tell us and put us out our misery.
Title: Re: Guochuan Lai
Post by: mini gaardsoe on July 03, 2015, 11:03:24 AM
Haha, technical problems.... who made a joke about the fax machine!
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:05:04 AM
These chinese whispers are killing me.

No mention on radio wm.

anything on sky sports news?
Title: Re: Guochuan Lai
Post by: baggie38 on July 03, 2015, 11:05:20 AM
Haha, technical problems.... who made a joke about the fax machine!

That would be me. It's never simple at the albion
Title: Re: Guochuan Lai
Post by: The Joust on July 03, 2015, 11:05:37 AM
Sky Sports News to run something shortly ...
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:05:41 AM
Not diverting traffic away from this forum but there is a live feed from Birmingham Mail.

It's a 'dedicated live blog to the developments on the news of West Bromwich Albion's takeover this morning.'

http://www.birminghammail.co.uk/sport/football/football-news/live-west-brom-takeover-updates-9579615? (http://www.birminghammail.co.uk/sport/football/football-news/live-west-brom-takeover-updates-9579615?)
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 11:05:54 AM
These chinese whispers are killing me.

No mention on radio wm.

anything on sky sports news?

Just announcement of the announcement. Stay tuned blah blah.
Title: Re: Guochuan Lai
Post by: SmethDan on July 03, 2015, 11:07:49 AM
Drum roll.................
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 11:09:23 AM
Should've used a QuickBook
Title: Re: Guochuan Lai
Post by: mifos on July 03, 2015, 11:11:59 AM
this better not be along the lines 'we've entered in an exclusivity agreement with a potential buyer  and can't tell you any more due to commercial confidentiality  ...'
Title: Re: Guochuan Lai
Post by: baggie38 on July 03, 2015, 11:12:26 AM
Wonder how many pages this thread will get to before the announcement is made.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 03, 2015, 11:13:05 AM
Brum Mail has just linked one of their old article while we wait about how a takeover may not be a good thing... thanks guys!!
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:13:17 AM
BREAKING NEWS: West Bromwich Albion have announced details of a takeover of the club.

The official announcement is being made at a press conference at the club.

http://www.birminghammail.co.uk/news/midlands-news/live-fridays-news-travel-weather-9556375#live-now-9556349-9579718 (http://www.birminghammail.co.uk/news/midlands-news/live-fridays-news-travel-weather-9556375#live-now-9556349-9579718)
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:14:02 AM
Radio wolves media is an absolute disgrace they've mentioned nowt about us at all.

Maybe they only report on £10 takeovers in these austere times.
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 11:15:01 AM
Every time Twitter says I have a new tweet, and it turns out to be bloomin Alan Sugar I huff. People in the office are looking at me weird.
Title: Re: Guochuan Lai
Post by: VANDERLEI on July 03, 2015, 11:16:35 AM
I'm so excited!! This is much better than Christmas.
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:16:42 AM
Yes, hopefully an owner who wants to take us back to former glories
Title: Re: Guochuan Lai
Post by: timbob78 on July 03, 2015, 11:17:15 AM
I have a twitter list of anyone on twitter (obvs) connected to West Brom if you're interested

https://twitter.com/timbloke/lists/west-brom (https://twitter.com/timbloke/lists/west-brom)
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 11:17:18 AM
Yes, hopefully an owner who wants to take us back to former glories

Hopefully one with deep enough pockets too as that's the only thing that could get us remotely there
Title: Re: Guochuan Lai
Post by: baggie38 on July 03, 2015, 11:17:28 AM
Brum Mail has just linked one of their old article while we wait about how a takeover may not be a good thing... thanks guys!!

I can't stand the guy who wrote that. He is Mr negative with everything.
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 11:17:32 AM
I have a twitter list of anyone on twitter (obvs) connected to West Brom if you're interested

https://twitter.com/timbloke/lists/west-brom (https://twitter.com/timbloke/lists/west-brom)

Awesome, thanks for that.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 11:17:44 AM
I'm going to have to say I've got IBS if I spend any longer in the loos today checking twitter.
Title: Re: Guochuan Lai
Post by: dangerman on July 03, 2015, 11:18:44 AM
I hate to be a negative nelly, but I really hope we haven't been bought.

Past history suggests it doesn't end well.
Title: Re: Guochuan Lai
Post by: baggie38 on July 03, 2015, 11:20:08 AM
So now we are going to have to wait for a press conference at the club?
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 11:20:28 AM
I hate to be a negative nelly, but I really hope we haven't been bought.

Past history suggests it doesn't end well.

Don't be silly Nelly, I doubt if they would cal a press conference to tell us nothinh
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 11:21:57 AM
I hope to god they haven't got us all on tender hooks for bugger all. >:(
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:22:08 AM
Yeah it's been a disaster at city, chelsea, leicester, man utd.
Title: Re: Guochuan Lai
Post by: Mr Cynical on July 03, 2015, 11:22:53 AM
Trying to sort out the video conference... JP has to beam in from Barbados or London, maybe another party from China. 

What else could IT issues out of their control refer too?
Title: Re: Guochuan Lai
Post by: seteefeet on July 03, 2015, 11:24:19 AM
Trying to sort out the video conference... JP has to beam in from Barbados or London, maybe another party from China. 

What else could IT issues out of their control refer too?
Have they tried switching it off and on again.......
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:24:41 AM
Did you have to mention that night koren i was just getting over that.

I was on the verge of crying after being elated a few minutes before.
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 11:25:30 AM
Just a reminder to all of you desperate for this. Much like when you leave your missus for another woman or a job for another job...

The grass isn't always greener on the other side. Admittedly it's a different shade but be careful what you wish for
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 11:27:34 AM
I hate to be a negative nelly, but I really hope we haven't been bought.

Past history suggests it doesn't end well.


Selective past history perhaps but tell that to Man Utd, Man City, Chelsea, Southampton, PSG
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:29:56 AM
The majority of the far east takeovers in this country have been a failure.

Perhaps it's time one of them bucked then trend. ( clutches them straws!  ;D )
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 11:30:21 AM
Would actually be a clever move if this 'technical issue' was fake. The hype that is building is insane, all Albion fans are telling others to tune in. The website must be getting serious traffic at the moment.
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 11:31:33 AM
I could have downed two pints by now, hurry up Albion please.
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 11:32:15 AM
I bet this Chinese blokes is called Wan Lun Gwait  :P
Title: Re: Guochuan Lai
Post by: dangerman on July 03, 2015, 11:33:57 AM
There is a national minutes silence at 12. I would guess it won't be announced until after that now?

Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 03, 2015, 11:34:08 AM
john wake up we are about to be rich :)
Title: Re: Guochuan Lai
Post by: timbob78 on July 03, 2015, 11:34:26 AM
Victor Anichebe was handed the #wba statement and had to walk up the corridor and into the media suite but past the canteen

-Bill Howell

Harsh but fair  ;D
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 11:36:22 AM
Victor Anichebe was handed the #wba statement and had to walk up the corridor and into the media suite but past the canteen

-Bill Howell

Harsh but fair  ;D

Or he could've broke down clutching his knee down the corridor
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 11:38:22 AM
There is a national minutes silence at 12. I would guess it won't be announced until after that now?
That would make sense.
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 11:46:24 AM
I have to drive to Newcastle at 1pm so if it is not announced before then I will have to stop at every service station and check!
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 11:47:15 AM
http://www.expressandstar.com/news/local-news/2015/07/02/mystery-buyer-snaps-up-7-5m-estate/

I wonder.
Title: Re: Guochuan Lai
Post by: Mister AT on July 03, 2015, 11:47:22 AM
Could only happen to us couldnt it.

Announce an announcement for 10.30 to then delay it.  ;D
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:49:35 AM
http://www.expressandstar.com/news/local-news/2015/07/02/mystery-buyer-snaps-up-7-5m-estate/

I wonder.

Hmm yes could well be. But then I suppose if you have a buy to let property you wouldn't buy a house by it so you can keep an eye on it.
Title: Re: Guochuan Lai
Post by: MarkW on July 03, 2015, 11:52:35 AM
Official site is updating. Hold fire gents
Title: Re: Guochuan Lai
Post by: Tipton Baggie on July 03, 2015, 11:53:16 AM
Big vic has sat on the statement as he tucked into his 6k calorie meal
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 11:56:07 AM
They couldn't be so incredibly stupid as to start the press conference at 12.00?
Could they?
Title: Re: Guochuan Lai
Post by: SmethDan on July 03, 2015, 11:56:33 AM
Divine Wind to be appointed head of public relations.
 :).
Title: Re: Guochuan Lai
Post by: The Joust on July 03, 2015, 11:56:48 AM
They couldn't be so incredibly stupid as to start the press conference at 12.00?
Could they?

Lepkowski's just said no
Title: Re: Guochuan Lai
Post by: MarkW on July 03, 2015, 11:57:14 AM
The OS had 'Update on club ownership'

So not 'WBA taken over by XYZ'...

EDIT: They've just taken the page down. Did get a screen grab though.
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 11:57:40 AM
statement there but it doesnt work!

STOP THE TEASE ALBION
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 11:57:54 AM
statement there but it doesnt work!

STOP THE TEASE ALBION

Annnd its gone.
Title: Re: Guochuan Lai
Post by: SmethDan on July 03, 2015, 11:58:16 AM
They couldn't be so incredibly stupid as to start the press conference at 12.00?
Could they?

Steve Madeley has just tweeted to say that no matter what happens they will be breaking off to observe the minutes silence.
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 11:58:45 AM
It wound be nice if we could all observe the minutes silence at midday.
Title: Re: Guochuan Lai
Post by: AidantheBaggies on July 03, 2015, 12:05:26 PM
That one minute silence has put everything in to perspective. Far more important things in life that stupid statements.

RIP to all those tragically killed.
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 12:06:12 PM
That one minute silence has put everything in to perspective. Far more important things in life that stupid statements.

RIP to all those tragically killed.
Good post Aidan.
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on July 03, 2015, 12:06:49 PM
Amen
Title: Re: Guochuan Lai
Post by: tambag on July 03, 2015, 12:07:42 PM
Good post Aidan.

Yes very good post.
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 03, 2015, 12:07:53 PM
RIP to those holidaymakers
Title: Re: Guochuan Lai
Post by: popbaggie28 on July 03, 2015, 12:09:30 PM
Good post Aidan.
Rip to all those that were tragically killed
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:09:42 PM
So Sad
Title: Re: Guochuan Lai
Post by: ian66 on July 03, 2015, 12:09:54 PM
Very moving pictures during the minutes silence on Sky News.

RIP all that lost their lives.
Title: Re: Guochuan Lai
Post by: BB74 on July 03, 2015, 12:10:22 PM
So are we expecting a done deal or an announcement to say things are ongoing?
Title: Re: Guochuan Lai
Post by: koren on July 03, 2015, 12:10:26 PM
OFFICIAL STATEMENT: Update on club ownership

Chairman Jeremy Peace today confirmed that exclusivity has been granted to one party interested in the purchase of West Bromwich Albion Holdings Ltd.
This follows discussions with several interested parties in the wake of his decision earlier this year to consider strategic options for the future development and legacy of the Club.
This process should be completed by the end of this month and in the meantime, the Club wishes to assure supporters preparations for the new season will remain unaffected.
The Chairman, Head Coach Tony Pulis, Chief Executive Mark Jenkins and Richard Garlick, the Director of Football Administration, have met to discuss and progress future transfer targets.
They remain in constant dialogue over the re-shaping of the first-team squad for the 2015/16 Barclays Premier League campaign.
Title: Re: Guochuan Lai
Post by: SmethDan on July 03, 2015, 12:12:34 PM
What a waste of an hour and a half.
Title: Re: Guochuan Lai
Post by: Pie on July 03, 2015, 12:12:42 PM
so it took them over an hour and a half to announce that.

Christ.
Title: Re: Guochuan Lai
Post by: Mr Cynical on July 03, 2015, 12:12:51 PM
100 minute wait for that!

Can only imagine how drawn out a transfer is...

They could have started working on that non-statement and still released at 10 past 12, including a minutes silence!
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 12:13:36 PM
You chose to wait to be fair
Title: Re: Guochuan Lai
Post by: AlbionFan on July 03, 2015, 12:13:53 PM
I'm proud of you Baggie Fans for getting your priorities right.

R.I.P. To all those that perished so tragically
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:13:56 PM
90 mins to say..................................nothing
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 12:14:21 PM
http://www.birminghammail.co.uk/sport/football/football-news/west-brom-grant-takeover-exclusivity-9579573


Chinese consortium.
Title: Re: Guochuan Lai
Post by: AidantheBaggies on July 03, 2015, 12:14:27 PM
So in a nutshell nothing significant has happened. The interested party could well still pull out of any deal....as i said don't be surprised if JP is still here in August.
Title: Re: Guochuan Lai
Post by: mini gaardsoe on July 03, 2015, 12:16:28 PM
To summarise, an announcement has been made that an announcement may be made in a month.
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 12:16:42 PM
Back to this thread then at the end of the month I guess?
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on July 03, 2015, 12:17:24 PM
http://www.birminghammail.co.uk/sport/football/football-news/west-brom-grant-takeover-exclusivity-9579573


Chinese consortium.

The BM just guessing. Nothing definite.
Title: Re: Guochuan Lai
Post by: Mikkyk on July 03, 2015, 12:19:19 PM
Bill "worth the wait" Howell is most to blame for that anti-climax
Title: Re: Guochuan Lai
Post by: joeymayo on July 03, 2015, 12:19:35 PM
http://www.birminghammail.co.uk/sport/football/football-news/west-brom-grant-takeover-exclusivity-9579573


Chinese consortium.

Chinese whispers more like!
Title: Re: Guochuan Lai
Post by: nick_wba on July 03, 2015, 12:23:06 PM
Bill "worth the wait" Howell is most to blame for that anti-climax

Was just about to write the same. Why do they do it?
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:24:28 PM
It wouldn't have been so bad if the press release was released on time at 10.30 but to faff around for another 90 +minutes is absolutely madness.
If they faff around like that with transfers I can see why we loose out on so many prospective targets
Title: Re: Guochuan Lai
Post by: bangkokbaggie on July 03, 2015, 12:24:39 PM
So no guarantee of a sale and with JP's reputation for being intransigent this could all breakdown by the end of the month. Not quite sure whether this ongoing uncertainty will have effects on the playing side or not.
Title: Re: Guochuan Lai
Post by: AidantheBaggies on July 03, 2015, 12:26:04 PM
IF it is a Chinese group i hope we don't end up like a Blues or Cardiff.....
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:27:39 PM
IF it is a Chinese group i hope we don't end up like a Blues or Cardiff.....

If it is a Chinese group you can forget the 'hot dogs'
Title: Re: Guochuan Lai
Post by: Floydy on July 03, 2015, 12:27:43 PM
So in a nutshell nothing significant has happened. The interested party could well still pull out of any deal....as i said don't be surprised if JP is still here in August.

A deal going to exclusivity is a very significant step. It means WBA have selected the best deal for the business and shareholders to the point where the deal in principle discussed to date would be acceptable to both the "sell" & "buy" side.
This is also where the potential buyers start racking up the serious legal costs that are incurred to complete a deal; you don't throw hundreds of thousands of pounds at legal costs for something the buyer is not confident of buying. Of course its not a 100% guarantee

The main issue for me is what are we going to do in the transfer market over the exclusivity period
Title: Re: Guochuan Lai
Post by: VANDERLEI on July 03, 2015, 12:28:50 PM
What's with the "Waited hours for that" comments? We are being sold. That's as significant as it gets.
Title: Re: Guochuan Lai
Post by: bangkokbaggie on July 03, 2015, 12:29:10 PM
It wouldn't have been so bad if the press release was released on time at 10.30 but to faff around for another 90 +minutes is absolutely madness.
If they faff around like that with transfers I can see why we loose out on so many prospective targets

This faffing around does seem to be a general problem in the way this club is run.
Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 12:33:37 PM
Yes it's safe to assume that because of a hitch with whatever releasing the statement (from a nerdy little IT lad ballsing something up to a power failure to absolutely anything) that everything we do as a club is faffing and we dilly dally over transfers and contracts, generally on purpose try to make things harder for ourselves.

Once again some of you are utter geniuses
Title: Re: Guochuan Lai
Post by: koren on July 03, 2015, 12:36:35 PM
So no guarantee of a sale and with JP's reputation for being intransigent this could all breakdown by the end of the month. Not quite sure whether this ongoing uncertainty will have effects on the playing side or not.
Steve Madeley ‏@smadeley_star

To fans underwhelmed by statement, it effectively means the club is in the final throes of being taken over. Dry, but very significant. #wba
Title: Re: Guochuan Lai
Post by: Standaman on July 03, 2015, 12:37:38 PM
The statement pretty much confirms that we will be sold. Takeovers tend not to breakdown at this stage the price has to be pretty much agreed most of the stumbling blocks have been dealt with and often there are penalty clauses for withdrawal at this stage.

Peace has almost certainly sold the club and for better or for worse we are heading into a new era.
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:38:08 PM
Yes it's safe to assume that because of a hitch with whatever releasing the statement (from a nerdy little IT lad ballsing something up to a power failure to absolutely anything) that everything we do as a club is faffing and we dilly dally over transfers and contracts, generally on purpose try to make things harder for ourselves.

Once again some of you are utter geniuses

an some utterly gullable
Title: Re: Guochuan Lai
Post by: kc56wba on July 03, 2015, 12:38:21 PM
I can see that on 1st August the headlines will read.

Proposed new owners pulled out of deal cause of negativity of WBA fans. :P

Title: Re: Guochuan Lai
Post by: Webby on July 03, 2015, 12:39:41 PM
Steve Madeley ‏@smadeley_star

To fans underwhelmed by statement, it effectively means the club is in the final throes of being taken over. Dry, but very significant. #wba

And then what happens if the new owners aren't multi billion dollar guys who don't throw money at us but see it as a good business opportunity to make a tidy profit from a relatively low turnover, much like JP has. Bitch bitch bitch, cannot wait ::). Definitely be avoiding WBA forums then.
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 03, 2015, 12:41:17 PM
To summarise, an announcement has been made that an announcement may be made in a month.
to be fair, people have been complaining about the club not telling them anything. saying they'd prefer the club to come out and say "nothing is happening". I bet their ecstatic right about now  ::)

Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 03, 2015, 12:46:46 PM
Bill "worth the wait" Howell is most to blame for that anti-climax
Steve Madeley mentioned on the E&S updates that no one had been given a pre announcement statement. meaning they knew it was about the takeover, but nothing else.

Not that the papers care that much, theres been a significant traffic spike for them

.(https://pbs.twimg.com/media/CI--H54WsAAIN9C.jpg)
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 12:46:54 PM
to be fair, people have been complaining about the club not telling them anything. saying they'd prefer the club to come out and say "nothing is happening". I bet their ecstatic right about now  ::)

TBH I don't think there would have been a problem if the club had come out at 10.30 and said 'the deals been done and barring any last minute hitches were in the hands of new owners who at this moment in time we cannot name.'[
There wouldn't have been a problem, its all the smoke and mirrors that's rubbed people up the wrong way.
Forget the IT problems or whatever, why couldn't somebody walk into the media centre to assembled journalists and delivered the 12.15pm message at 10.30 am as planned.
Just another amateurish stab at being a big club.
Title: Re: Guochuan Lai
Post by: overseas baggie on July 03, 2015, 12:54:01 PM
The statement pretty much confirms that we will be sold. Takeovers tend not to breakdown at this stage the price has to be pretty much agreed most of the stumbling blocks have been dealt with and often there are penalty clauses for withdrawal at this stage.

Peace has almost certainly sold the club and for better or for worse we are heading into a new era.

Almost certainly now going through the FA's "fit and proper owners" test with terms agreed.
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 03, 2015, 12:58:50 PM
People moan that we are being kept in the dark, club provides update through a statement informing us that a takeover is imminent... people moan. 
Title: Re: Guochuan Lai
Post by: Londonbaggymike on July 03, 2015, 01:07:44 PM
Now that this has moved to the next phase of the process are we likely to find out anything about the prospective owners or will it still be a closely guarded secret?
Title: Re: Guochuan Lai
Post by: tuamigos on July 03, 2015, 01:09:36 PM
Now that this has moved to the next phase of the process are we likely to find out anything about the prospective owners or will it still be a closely guarded secret?

I would think that's the last official update until the deal is completed
Title: Re: Guochuan Lai
Post by: WorcsWBA on July 03, 2015, 01:13:10 PM
Almost certainly now going through the FA's "fit and proper owners" test
Given some of the dodgy people who've been allowed to take over clubs, I can't imagine the test will take very long to sort out!  ;D
Title: Re: Guochuan Lai
Post by: darbolina on July 03, 2015, 01:19:44 PM
If we compare this to buying a house , then I guess the price is agreed, surveys are done and the lawyers are now finalising paperwork before completion. Buying a house, this process can take a month or two so one month for a 150m commercial takeover ain't bad.

I read is as saying a deal is done in principal so thanks and goodbye JP, onwards and upwards!
Title: Re: Guochuan Lai
Post by: Cantello on July 03, 2015, 01:25:44 PM
Is anyone else more worried than excited?
Title: Re: Guochuan Lai
Post by: Mooncat on July 03, 2015, 01:25:58 PM
Quote
Almost certainly now going through the FA's "fit and proper owners" test
Given some of the dodgy people who've been allowed to take over clubs, I can't imagine the test will take very long to sort out!  ;D

I think it goes along the lines of

Q1. Do you want to own a football club ?
Yes/No

Q2. Do you promise that you'll be nice to the football club ?
Yes/No

That's it - you are fit and proper

Thank you
 :o :o
Title: Re: Guochuan Lai
Post by: royhan on July 03, 2015, 01:36:24 PM
People moan that we are being kept in the dark, club provides update through a statement informing us that a takeover is imminent... people moan.

I, for one, am happy that the Club has at least said something rather than treating supporters like the proverbial mushrooms. I didn't expect anything else until the deal is completed.
Title: Re: Guochuan Lai
Post by: skyclad99 on July 03, 2015, 01:47:09 PM
Is anyone else more worried than excited?

I guess we will soon find out by the quality of player coming in. We have to trust JP on this one..... know where you are coming from though, I think the phrase is 'nervously excited'..........
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 01:48:45 PM
Now it gets interesting, legal eagles, warranties, guarantees etc. In addition using any downside information or risk to help the buyer reduce or amend the buying price- could still go "tits up" if there is intransigence from both parties during this final month 8)
Title: Re: Guochuan Lai
Post by: koren on July 03, 2015, 01:57:52 PM
Is anyone else more worried than excited?
If the new owner is come from China, I would be very worried. 
Title: Re: Guochuan Lai
Post by: pennington on July 03, 2015, 01:58:42 PM
I tried a search ......... but what happens to the people who have still shares??
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 02:01:39 PM
Where's the 'finally we are getting rid of that evil tyrant Peace we've been banging on about for years' brigade?

Oh silly me, they're all bursting open bottles of Veuve Cliquot and high fiving.
Title: Re: Guochuan Lai
Post by: tambag on July 03, 2015, 02:02:05 PM
I tried a search ......... but what happens to the people who have still shares??

Its the holding company that Mr. Peace owns 100% that the new owners would take over.  That holding company owns 88% of WBA.
Title: Re: Guochuan Lai
Post by: OldburyWBA on July 03, 2015, 02:03:19 PM
Where's the 'finally we are getting rid of that evil tyrant Peace we've been banging on about for years' brigade?

Oh silly me, they're all bursting open bottles of Veuve Cliquot and high fiving.

Can we cut this stuff out then and stick to the topic instead of aiming petty pathetic comments at others, getting sick of it.
Title: Re: Guochuan Lai
Post by: Standaman on July 03, 2015, 02:23:35 PM
Its the holding company that Mr. Peace owns 100% that the new owners would take over.  That holding company owns 88% of WBA.

Whoever buys Peace out has to make the same offer to the other shareholders. If they then own 90% of the company the new owner would then have the right to buy out the the remainder of the shares.
Title: Re: Guochuan Lai
Post by: pennington on July 03, 2015, 02:37:17 PM
Whoever buys Peace out has to make the same offer to the other shareholders. If they then own 90% of the company the new owner would then have the right to buy out the the remainder of the shares.
Thanks I'll have to try and find it (them?)  ;)
Title: Re: Guochuan Lai
Post by: east-stand-nick on July 03, 2015, 02:42:07 PM
Is anyone else more worried than excited?

I'm apprehensive as we're heading into the unknown from a stable position. We could have a great new owner, we could have some megalomaniac. Who knows?
Title: Re: Guochuan Lai
Post by: Floydy on July 03, 2015, 03:06:50 PM
TBH I don't think there would have been a problem if the club had come out at 10.30 and said 'the deals been done and barring any last minute hitches were in the hands of new owners who at this moment in time we cannot name.'[
There wouldn't have been a problem, its all the smoke and mirrors that's rubbed people up the wrong way.
Forget the IT problems or whatever, why couldn't somebody walk into the media centre to assembled journalists and delivered the 12.15pm message at 10.30 am as planned.
Just another amateurish stab at being a big club.

I think they probably want to, but if its anything like deals I've been involved in any communication goes through layers of lawyers (buy and sell side) which somewhat reduces the clarity of the message
Title: Re: Guochuan Lai
Post by: Floydy on July 03, 2015, 03:09:37 PM
Now it gets interesting, legal eagles, warranties, guarantees etc. In addition using any downside information or risk to help the buyer reduce or amend the buying price- could still go "tits up" if there is intransigence from both parties during this final month 8)

Sounds like you have some experience in these types of things
Title: Re: Guochuan Lai
Post by: Noty Bromway on July 03, 2015, 03:24:02 PM
Now the quiz is who? :o

https://en.m.wikipedia.org/wiki/List_of_Chinese_by_net_worth
Title: Re: Guochuan Lai
Post by: Floydy on July 03, 2015, 03:25:54 PM
If it is indeed a consortium, if may well be a group of less rich investors
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on July 03, 2015, 03:30:21 PM
From the official WBA web site


***West Bromwich Albion would like to apologies for the delay in the publication of this statement. This was owing to a technical issue beyond the Club's control***
Read more at http://www.wba.co.uk/news/article/official-statement-update-on-club-ownership-2523973.aspx#LiCe9htJiJZdXi2K.99
Title: Re: Guochuan Lai
Post by: costa blanca baggie on July 03, 2015, 03:39:44 PM
I'm apprehensive as we're heading into the unknown from a stable position. We could have a great new owner, we could have some megalomaniac. Who knows?
Personally, I prefer the new and unknown to the stable and stale. One thing is for sure, it's certainly out of our hands, so no good fretting about it. Think positive matey. 8)
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 03:56:33 PM
Don't want to add a new level of obsession to proceedings but the Villa forums had a guy who worked at Birmingham airport reporting which private jets had landed there and who they belonged to - got themselves in a right state speculating it. Apparently it's easy to check. See if any Chinese private planes have landed there recently?
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 04:01:57 PM
Sounds like you have some experience in these types of things

You may draw that conclusion, but it may be speculation ;)
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 03, 2015, 04:03:03 PM
If it's on Wikipedia, it MUST be true!!  ;D ;D ;D

"Wang Jianlin (Chinese: 王健林; pinyin: Wáng Jiànlín; born 1954) is a Chinese businessman and philanthropist. He serves as the Chairman of the Dalian Wanda Group, China's largest real estate developer, as well as the world's largest movie theater operator. He became the new owner of West Bromwich Albion F.C. on the 2nd July 2015."

Title: Re: Guochuan Lai
Post by: robnewbold on July 03, 2015, 04:05:46 PM
Blown out of all proportion TBH, Could have been announced as a two liner without all the ballyhoo...just making us salivate for nowt.

Lot of people expected a lot more

Very badly handled, just like the kit launch video, underwhelming at best, total screw up at worst, media team need a right kick up the backside.
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 04:10:49 PM
If it's on Wikipedia, it MUST be true!!  ;D ;D ;D

"Wang Jianlin (Chinese: 王健林; pinyin: Wáng Jiànlín; born 1954) is a Chinese businessman and philanthropist. He serves as the Chairman of the Dalian Wanda Group, China's largest real estate developer, as well as the world's largest movie theater operator. He became the new owner of West Bromwich Albion F.C. on the 2nd July 2015."


I wish ;D
Title: Re: Guochuan Lai
Post by: Hunnington Baggie on July 03, 2015, 04:14:56 PM
I wish ;D
Maybe that's the "consortium". we are being taken over by the Dallian Wanda Group  :D
Title: Re: Guochuan Lai
Post by: WBAinDEVON on July 03, 2015, 04:19:02 PM
so when will ground re developments or relocation start :-X
Title: Re: Guochuan Lai
Post by: A5HB on July 03, 2015, 04:24:35 PM
Blown out of all proportion TBH, Could have been announced as a two liner without all the ballyhoo...just making us salivate for nowt.

Lot of people expected a lot more

Very badly handled, just like the kit launch video, underwhelming at best, total screw up at worst, media team need a right kick up the backside.
Very unfair criticism IMO. The club simply informed the press there would be a statement with an update, they gave no indication what this would be (the local press confirmed this).

The subsequent delay (for reasons apparently out of their control) simply allowed a load of fans to wind themselves up and over hype the statement.

Fans wanted an update on the situation and they have got one, and a fairly significant one at that.

Not sure what there is to complain about in all honesty, other than the website crashing.
Title: Re: Guochuan Lai
Post by: Floydy on July 03, 2015, 04:30:44 PM
so when will ground re developments or relocation start :-X

Could move us to Devon  :D 8)
Title: Re: Guochuan Lai
Post by: Signor_Maresca on July 03, 2015, 04:36:02 PM
Blown out of all proportion TBH, Could have been announced as a two liner without all the ballyhoo...just making us salivate for nowt.

Lot of people expected a lot more

Very badly handled, just like the kit launch video, underwhelming at best, total screw up at worst, media team need a right kick up the backside.

It was the media who caused the stir, people like Bill Howell tweeting 'honestly guys this is going to be worth waiting for' as if he knew, showed himself up there.
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 04:37:35 PM
I think we are looking for investors moreso than a buyer. Someone who can give more clout in the window.
Title: Re: Guochuan Lai
Post by: shortybaggies on July 03, 2015, 05:01:17 PM
Birmingham Airport just announced that there will be two weekly flights to Beijing, could be handy....  ;D
Title: Re: Guochuan Lai
Post by: The Joust on July 03, 2015, 05:28:53 PM
Can we cut this stuff out then and stick to the topic instead of aiming petty pathetic comments at others, getting sick of it.

Yet another dictatorship style comment Oldbury... Heaven forbid peoeple should express theirsef on a bloody message board ...  ::) *yawn* (start countdown to post removal for expressing view that is in contrast to hiarcy's view)
Title: Re: Guochuan Lai
Post by: royhan on July 03, 2015, 05:35:31 PM
The story about the Chinese billionaire buying the club must be true. I've just heard that we have bid for both Messi and Ronaldo. ;D ;D
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 05:50:53 PM
Someone said they could see Peace staying on in an overseeing role? I could see that happening.
Reading between the lines it seems the interest lies in West Bromwich Holdings Ltd, not West Bromwich Albion FC.
West Brom holdings have the majority of shares in West Brom FC, but not all of them.

My main criticism of Peace is that he interfere's with the team too much and some of his appointments have almost cost us our place in the prem.
But he excels as a businessman and we will never be in debt with him in charge.

He seems to have put the footballing side in the hands of Pulis, he has never given that much power to a manager/coach before, not even Hodgson. Why would he do this unless he knew he had the funds to finance Pulis's signing's?

This might be a dream of mine and i am barking up the wrong tree, but a manager who runs the team and buy's and sells, a financial investor to get the targets and Peace to oversee things and keep the club from overspending.

Now that i WOULD be happy with. We could compete in the transfer market and have someone with an astute mind in control of the club. It would also allay fears about a foreign owner taking complete control.

Is this just wishful thinking?
Title: Re: Guochuan Lai
Post by: OldburyWBA on July 03, 2015, 05:52:21 PM
Yet another dictatorship style comment Oldbury... Heaven forbid peoeple should express theirsef on a bloody message board ...  ::) *yawn* (start countdown to post removal for expressing view that is in contrast to hiarcy's view)

And here we go again. Yeah yawn yawn yawn

How is it a dictatorship style comment to ask people to stop making petty comments to other members ? It does nothing to help us run the board and creates plenty of arguments when others respond in the same way.

Maybe if some had access to the deleted posts board they would understand.

No, i'm not going to remove it, you made a comment i'm replying to it.
Title: Re: Guochuan Lai
Post by: costa blanca baggie on July 03, 2015, 06:20:21 PM
Am I jumping the gun booking Chinese lessons? ::)
Title: Re: Guochuan Lai
Post by: Droitwich Baggie on July 03, 2015, 06:32:21 PM
The players have been told not to do cart-wheels if they score....Just spring rolls.  ;D
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 06:51:45 PM
Can we cut this stuff out then and stick to the topic instead of aiming petty pathetic comments at others, getting sick of it.

Not as sick as me reading the petty vendettas, miss information and dissatisfaction with where the club is now compared to 10 years ago :(
Title: Re: Guochuan Lai
Post by: BobTaylor on July 03, 2015, 06:58:32 PM
Some are fantastic moaners on here, good news today club is basically sold and I'm guessing we will have three weeks or so in August to splash the cash under there new dictatorship maybe ?, need a few more signings before then of course I just don't know how much we will spend surely peace won't put money in just before he leaves ?.
Title: Re: Guochuan Lai
Post by: OldburyWBA on July 03, 2015, 07:14:38 PM
Not as sick as me reading the petty vendettas, miss information and dissatisfaction with where the club is now compared to 10 years ago :(

Not much we can do about that though unfortunately. We have to cater for those both sides of the discussions.
Title: Re: Guochuan Lai
Post by: Baggies on July 03, 2015, 07:21:43 PM
A few observations.

I can't really think of a Far Eastern takeover that has ever been a great success. Leicester are about as good as I can think of, but the likes of Birmingham and Cardiff scare me. I hope Peace has made sure, the massive fan he claimed to be, that this consortium understand the culture of the club and English football in general. I know if I had millions I wouldnt put greed ahead of the club I love.

Secondly, the Daily Mail are reporting that the club were on the market for around £170+ million. A few years ago, Peace forced and aggresive share deal, taking shares if loyal fans for an amount that valued the club around £18 million was it? Not a bad rise in value in such a short time   ::)
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 07:24:52 PM
Not as sick as me reading the petty vendettas, miss information and dissatisfaction with where the club is now compared to 10 years ago :(

Just my opinion mate, am i not entitled to one without nasty personal comments?
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 07:27:23 PM
Yet another dictatorship style comment Oldbury... Heaven forbid peoeple should express theirsef on a bloody message board ...  ::) *yawn* (start countdown to post removal for expressing view that is in contrast to hiarcy's view)

In Oldbury's defence over my comment it was petty and pathetic and a dig at those people on here who hate Peace but aren't celebrating him being halfway out the door. He was right to pick me up on it, though it was a general comment not quoting or aimed at anyone in particular. Aside from being pretty outspoken when I see people spreading conjecture or mistruths, I do find myself almost always agreeing with Oldbury and 'the hierarchy' on here because I know how much S***e they have to trawl through on these more divisive topics.
Title: Re: Guochuan Lai
Post by: LongBridge Baggie1 on July 03, 2015, 07:32:23 PM
A few observations.

I can't really think of a Far Eastern takeover that has ever been a great success. Leicester are about as good as I can think of, but the likes of Birmingham and Cardiff scare me. I hope Peace has made sure, the massive fan he claimed to be, that this consortium understand the culture of the club and English football in general. I know if I had millions I wouldnt put greed ahead of the club I love.

Secondly, the Daily Mail are reporting that the club were on the market for around £170+ million. A few years ago, Peace forced and aggresive share deal, taking shares if loyal fans for an amount that valued the club around £18 million was it? Not a bad rise in value in such a short time   ::)

I too am slightly worried, bt, it was never in our hands. As for your second point 6 years in the prem will do that mate :D
Title: Re: Guochuan Lai
Post by: gerry m on July 03, 2015, 07:35:01 PM
Does anyone know what this takeover bid means regarding new players?. who is control JP or the new consortium.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 03, 2015, 07:37:44 PM
A few observations.

I can't really think of a Far Eastern takeover that has ever been a great success. Leicester are about as good as I can think of, but the likes of Birmingham and Cardiff scare me. I hope Peace has made sure, the massive fan he claimed to be, that this consortium understand the culture of the club and English football in general. I know if I had millions I wouldnt put greed ahead of the club I love.

Secondly, the Daily Mail are reporting that the club were on the market for around £170+ million. A few years ago, Peace forced and aggresive share deal, taking shares if loyal fans for an amount that valued the club around £18 million was it? Not a bad rise in value in such a short time   ::)

Put it this way, Peace is selling a company that makes £75M+ a year (and rising). You cut some costs, bump the club up a few league positions (we finished 8th with a less expensive squad remember) and your profits will go up too. Selling a company that makes tens of millions per year, with likely even more (let's say £90m a year with new deal) then £170m total for that money making potential isn't bad. Someone stays the length of time Peace has making that kinda money per year you've had a bargain.
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 07:48:16 PM
6 years in the prem in spite of Peace not because of him. Peace's idea of success is when we were yo yo ing, we would get in players for a pittance, then get relegated, sell the players for a profit, bank the parachute money then get in other players on freebies and loans and then repeat.
When we were in the top half of the table under Hodgson, (and don't forget we were still in a relegation battle in Feb when we hammered the Wolves), people mentioned europe.
Peace said he might not let us enter as we could not afford it.

What sort of ambition is that?  Peace himself sees us a a mid table championship club. He has done well for us but he has done far better out of us.
Peace is a businessman and runs us soley as a business, ie to make money for himself.

I see us as a great football club,that fell on hard times but is now back where it belongs, in the top flight,where we have spent most of our history.

West Bromwich Albion are in my heart, my sole, my blood, i am a third generation baggie. The club was here long long before i was born and hopefully will be long after i have gone.
Jeremy Peace won't be, and he will come nowhere near the affection i have for Albion.

I only want the best for this club and i feel Peace and his penny pinching ways have held us back over the last 10 years.

I would like an investor who will finance the team,give Pulis the first choice players he craves, not someone getting in players on the cheap and then telling the manager to get on with it.

£10 to see a trophy we hadn't won in 90 years, wouldn't let the players parade it round the pitch. The ejecting of the Astle family from the Hawthorns.
Disgrace.
Title: Re: Guochuan Lai
Post by: charliemike on July 03, 2015, 07:56:27 PM
On the subject of income/ profit . Last year was 86 million turn over . Now if I'm correct and this goes up by 30 million, we will have a income of let's say 115 million . If the club is sold for 150 million ,it's going to take a while for any profit . Unless we become a rich mans toy .
Title: Re: Guochuan Lai
Post by: saml30 on July 03, 2015, 08:01:44 PM
Just a pointer to those saying the club is basically sold (not having a go at anyone) but villa also have exclusivity to a buyer what seems an age ago and randy is still in charge of those lot.

I'm just hoping it's not the same consortium interested in both teams as someone will end up with egg on their face
Title: Re: Guochuan Lai
Post by: charliemike on July 03, 2015, 08:08:15 PM
6 years in the prem in spite of Peace not because of him. Peace's idea of success is when we were yo yo ing, we would get in players for a pittance, then get relegated, sell the players for a profit, bank the parachute money then get in other players on freebies and loans and then repeat.
When we were in the top half of the table under Hodgson, (and don't forget we were still in a relegation battle in Feb when we hammered the Wolves), people mentioned europe.
Peace said he might not let us enter as we could not afford it.

What sort of ambition is that?  Peace himself sees us a a mid table championship club. He has done well for us but he has done far better out of us.
Peace is a businessman and runs us soley as a business, ie to make money for himself.

I see us as a great football club,that fell on hard times but is now back where it belongs, in the top flight,where we have spent most of our history.

West Bromwich Albion are in my heart, my sole, my blood, i am a third generation baggie. The club was here long long before i was born and hopefully will be long after i have gone.
Jeremy Peace won't be, and he will come nowhere near the affection i have for Albion.

I only want the best for this club and i feel Peace and his penny pinching ways have held us back over the last 10 years.

I would like an investor who will finance the team,give Pulis the first choice players he craves, not someone getting in players on the cheap and then telling the manager to get on with it.

£10 to see a trophy we hadn't won in 90 years, wouldn't let the players parade it round the pitch. The ejecting of the Astle family from the Hawthorns.
Disgrace.
sorry dv there is not a lot I agree with on this . I have been very happy to be up there in the premiership . Peace has managed the club well   He was never going to be a sugar daddy was he . For every club that has been run has well has us I can show you a dozen that have been run by total crooks . Peace has done nothing illegal in his tenure and leaves us in brilliant shape . I will admit his aloofness and attitude may have been poor , but at the same time we don't know who we are going to get do we .
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 08:15:34 PM
As i said, i would not be unhappy to see him stay on in some capacity on the business side to make sure everything we do is legal and above board.

It's just his interference into the playing side, his ignorance in club traditions and his treatment of former legends and their families i despise him for.

Thompson gave us the foundations to build on, his fall out with Megson gave Peace the chance to seize control and boy did he take it.

But he is not a football man, we are just a cash cow to him.
Title: Re: Guochuan Lai
Post by: Standaman on July 03, 2015, 08:33:05 PM
Just a pointer to those saying the club is basically sold (not having a go at anyone) but villa also have exclusivity to a buyer what seems an age ago and randy is still in charge of those lot.

I'm just hoping it's not the same consortium interested in both teams as someone will end up with egg on their face

If I remember the villa story correctly the exclusivity deal was struck to allow the interested bidder a period to conduct due diligence. We went through that part of the process with 3 interested parties and one has  dropped out shortly after and two have been in discussions over the last few weeks and we now have one preferred bidder.   

Our sale is probably closer than the Villa's.

Title: Re: Guochuan Lai
Post by: Baggie79 on July 03, 2015, 09:00:48 PM
6 years in the prem in spite of Peace not because of him. Peace's idea of success is when we were yo yo ing, we would get in players for a pittance, then get relegated, sell the players for a profit, bank the parachute money then get in other players on freebies and loans and then repeat.
When we were in the top half of the table under Hodgson, (and don't forget we were still in a relegation battle in Feb when we hammered the Wolves), people mentioned europe.
Peace said he might not let us enter as we could not afford it.

What sort of ambition is that?  Peace himself sees us a a mid table championship club. He has done well for us but he has done far better out of us.
Peace is a businessman and runs us soley as a business, ie to make money for himself.

I see us as a great football club,that fell on hard times but is now back where it belongs, in the top flight,where we have spent most of our history.

West Bromwich Albion are in my heart, my sole, my blood, i am a third generation baggie. The club was here long long before i was born and hopefully will be long after i have gone.
Jeremy Peace won't be, and he will come nowhere near the affection i have for Albion.

I only want the best for this club and i feel Peace and his penny pinching ways have held us back over the last 10 years.

I would like an investor who will finance the team,give Pulis the first choice players he craves, not someone getting in players on the cheap and then telling the manager to get on with it.

£10 to see a trophy we hadn't won in 90 years, wouldn't let the players parade it round the pitch. The ejecting of the Astle family from the Hawthorns.
Disgrace.

Mate I cant tell you how much I disagree with this, I have been in the directors box and seen his reactions and they are as you would expect of any Albion fan i.e. passionate. Do I care if he makes £100m? not in the slightest, good luck to him.

He has taken a club with little to an established prem club by whatever means and that should be rewarded. Training ground, players, staff, academy, stadium and infrastructure, he has done more than anyone IMO.

No way this will fall down now and best of luck to JP who in my opinion is the best WBA chairman ever.

Just sayin!!
Title: Re: Guochuan Lai
Post by: WBArgo on July 03, 2015, 09:21:43 PM
Mate I cant tell you how much I disagree with this, I have been in the directors box and seen his reactions and they are as you would expect of any Albion fan i.e. passionate. Do I care if he makes £100m? not in the slightest, good luck to him.

He has taken a club with little to an established prem club by whatever means and that should be rewarded. Training ground, players, staff, academy, stadium and infrastructure, he has done more than anyone IMO.

No way this will fall down now and best of luck to JP who in my opinion is the best WBA chairman ever.

Just sayin!!
I think it's a minority who see him as a failure, whilst the majority will agree he's done a very good job.
With this in mind I hope he has some kind of role and say on matters but I very much doubt it.
Title: Re: Guochuan Lai
Post by: Do I not like Wolves on July 03, 2015, 09:21:56 PM
Mate I cant tell you how much I disagree with this, I have been in the directors box and seen his reactions and they are as you would expect of any Albion fan i.e. passionate. Do I care if he makes £100m? not in the slightest, good luck to him.

He has taken a club with little to an established prem club by whatever means and that should be rewarded. Training ground, players, staff, academy, stadium and infrastructure, he has done more than anyone IMO.

No way this will fall down now and best of luck to JP who in my opinion is the best WBA chairman ever.

Just sayin!!
Spot on well said - some people have very selective memories. Well done JP -thanks for stabilizing our club.
Title: Re: Guochuan Lai
Post by: Baggies on July 03, 2015, 09:32:19 PM
Put it this way, Peace is selling a company that makes £75M+ a year (and rising). You cut some costs, bump the club up a few league positions (we finished 8th with a less expensive squad remember) and your profits will go up too. Selling a company that makes tens of millions per year, with likely even more (let's say £90m a year with new deal) then £170m total for that money making potential isn't bad. Someone stays the length of time Peace has making that kinda money per year you've had a bargain.

I am unsure whether or not it is really a bargain - I suppose that depends on what sort of profit you are expecting personally.

My point however is more that we were clearly not worth 18 million when he pushed the share issue. He knew any sale would be in the hundreds of millions, not the thousands, and he severely short priced those fans who he knew would struggle to find the extra cash at the time of a recession to keep their shares.

That, was a disgraceful stabbing in the back of those fans who helped keep the club going in the 90's. The price in this sale has proved that.
Title: Re: Guochuan Lai
Post by: divinewind on July 03, 2015, 09:32:26 PM
At the end of the day i won't change my opinion of him anymore than some of you will change yours. All about opinions.
So to save the mods and admin having to keep trawling through the same old stuff, i will draw a line under it and wait until we have some news regarding takeover or investment.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 03, 2015, 09:37:28 PM
I don't know if anyones answered my question yet?

Is the budget going to be any better now? Or are we signing baird up again loll
Title: Re: Guochuan Lai
Post by: Baggies on July 03, 2015, 09:40:53 PM
We aren't going to know that just yet Baggie5. My hunch is no, we wont change our budget just yet. Most owners now will be looking at profit rather than a toy to put money in.

I think the best hope we have is that we end up with a consortium who install a few sensible and innovative businessmen into key roles and we prosper by making good deals like we did under Dan Ashworth, and how Swansea and Southampton are nowadays.
Title: Re: Guochuan Lai
Post by: WorcsWBA on July 03, 2015, 09:58:03 PM
I'll put this share issue to bed later - the missus works for an insolvency law firm and has access to company records, share holders and parent companies and will be able to definitely tell you how, where and what is owned by Mr Peace. IF I find evidence of foul play or questionable business practices I will of course report that.
Are you still intending to find out this info and report back?
Title: Re: Guochuan Lai
Post by: glosterbaggie on July 03, 2015, 10:01:07 PM
Are you still intending to find out this info and report back?
He has only had a week  :)
Title: Re: Guochuan Lai
Post by: WorcsWBA on July 03, 2015, 10:02:11 PM
My point however is more that we were clearly not worth 18 million when he pushed the share issue. He knew any sale would be in the hundreds of millions, not the thousands, and he severely short priced those fans who he knew would struggle to find the extra cash at the time of a recession to keep their shares.

That, was a disgraceful stabbing in the back of those fans who helped keep the club going in the 90's. The price in this sale has proved that.
That seems like a fair comment to me. I was one of those who lost my shares because I couldn't afford to buy more of them at that time.
Title: Re: Guochuan Lai
Post by: sconesy on July 03, 2015, 10:02:54 PM
Put it this way, Peace is selling a company that makes £75M+ a year (and rising). You cut some costs, bump the club up a few league positions (we finished 8th with a less expensive squad remember) and your profits will go up too. Selling a company that makes tens of millions per year, with likely even more (let's say £90m a year with new deal) then £170m total for that money making potential isn't bad. Someone stays the length of time Peace has making that kinda money per year you've had a bargain.

Have I missed the maths? 'The Company doesn't make 75m+ a year - however we are solvent within our means. What the club does offer is an incredibly stable platform for a wealthy group to expose their own agendas and prerogatives safe in the knowledge that it is a calculated risk - and funds that can be gambled to some extent. For any hugely wealthy consortium to view us a 'cash cow' is ridiculous however from a business point of view, owning a premier league club could provide a wonderful platform and stigma to a (quite frankly) colossal  business world in the Far East. Just a different view on things lads ! 
Title: Re: Guochuan Lai
Post by: halifax_baggie on July 03, 2015, 10:03:42 PM
Just my opinion mate, am i not entitled to one without nasty personal comments?

General comment, not aimed at any particular poster, just a culmination of negativity and conspiratorial postings, I don't think I made a nasty personal comment ;D


Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 03, 2015, 10:33:51 PM
Just a few things ive come across on twitter...

Exciting reports from China about the proposed takeover at West Bromwich Albion tonight we're syndicating to the nationals for tomorrow.

In brief, reports suggest the takeover by Wei Jianjun could be completed as soon as Friday next week. #

: Jianjun's representatives have been in London since Monday with a view to reaching the exclusivity arrangement announced today.

If reports from China being reported in the nationals tomorrow are correct, Jianjun is expected to aim to forge business relations for his automotive business in the UK and Europe as well as promoting the club in Asia should the takeover be successful.
It is being reported that WBA Holdings had been keen that Jianjun be specifically named in the statement today but complications meant ,The statement remained anonymous in terms of the preferred bidder status, which is what caused a delay of some hours this morning.It must be stressed Jianjun and Great Wall Automotive have not formally gone on the record but a statement could go before the HKSE on Mon. There are unconfirmed reports one of the unsuccessful bids was Jersey-based and fronted by a former #wba player. This remains unconfirmed.
Title: Re: Guochuan Lai
Post by: HampshireBaggie on July 03, 2015, 10:39:29 PM
If it is him then it's the 10th richest man in China. Worth about 8b. I sense another Jonathon Liu scenario.
Title: Re: Guochuan Lai
Post by: BAGGIE5 on July 03, 2015, 10:41:00 PM
Apparently Jp will keep 10% and a exec role for 12 months.
Title: Re: Guochuan Lai
Post by: addy on July 03, 2015, 10:44:45 PM
If it is him then it's the 10th richest man in China. Worth about 8b. I sense another Jonathon Liu scenario.

Does that make him worth more than Chelsea's Abramovich?
Title: Re: Guochuan Lai
Post by: HampshireBaggie on July 03, 2015, 10:45:50 PM
Think so.
Title: Re: Guochuan Lai
Post by: TheJacko2000 on July 03, 2015, 10:48:17 PM
Isn't Mike Ashley worth £3b?

Means nothing.
Title: Re: Guochuan Lai
Post by: baggie96 on July 03, 2015, 10:49:57 PM
Football in China is about to massively take off so I am really excited about this potential takeover. With the rumours of austin, phillips etc I'm guessing that they are willing to back pulis. Also if money is spent before they arrive it won't be from peaces own money it will just be out of the profits so can't see the takeover affecting transfers at all.
Title: Re: Guochuan Lai
Post by: AlbionBest on July 03, 2015, 10:52:50 PM
It's been put out about on Twitter by a chap called Terry Higham but has only ever had 20 tweets and 85 followers so not sure how much authority he has or if it's a wind up.

IF, and a big IF, it's true and coming out of China then it could really be exciting times !!!

https://en.wikipedia.org/wiki/Wei_Jianjun
Title: Re: Guochuan Lai
Post by: HampshireBaggie on July 03, 2015, 10:56:38 PM
I did a reverse image search on google with his twitter profile picture and it brought up this

http://www.heraldsun.com.au/sport/afl/herald-sun-chief-football-writer-mark-robinson-to-join-afl-stars-raising-money-during-movember/story-fni5ezdm-1226758219542

No Terry Hingham from West Midlands working for Caters. But a football writer from Australia called Mark Robinson.
Title: Re: Guochuan Lai
Post by: HampshireBaggie on July 03, 2015, 10:57:33 PM
Someone is on the wind up and has decided to use this image to pass it off as credible.
Title: Re: Guochuan Lai
Post by: AlbionBest on July 03, 2015, 11:03:50 PM
Someone is on the wind up and has decided to use this image to pass it off as credible.

Yep, looks about right unfortunately.
Title: Re: Guochuan Lai
Post by: Baggieblood on July 03, 2015, 11:04:03 PM
I bet it's too hard to find a solid link with this bilionaire and tlcbet?

If the story about him being involved in our trip to china is true then it's an incredible story.

And John Trewick was wrong about "once you've seen one wall you've seen them all" as my wife and i went to beijing for our honeymoon in1999 and it's quite site and where we went upto it involved an ardious walk rather than a cable car.
Title: Re: Guochuan Lai
Post by: WBArgo on July 03, 2015, 11:23:51 PM
Taking it back to where it all began  ;D
https://www.youtube.com/watch?v=HCvLrMQHLJ8 (https://www.youtube.com/watch?v=HCvLrMQHLJ8)
Title: Re: Guochuan Lai
Post by: beechyboy90 on July 03, 2015, 11:47:44 PM
Just the exclusivity at this stage won't think any otherwise until it has gone through.
Always sceptical of these foreign investors I don't want it to go like Birmingham city...

Jeremy peace is a wealthy man but not obscenely wealthy which it seems to take these days in football. However during his tenure the team has improved even if at times we have taken steps backward to go forward. The infastructire is miles better we have a state of the art academy and training facilities. Players are beginning to come through.

Consider that about 20 years ago maybe a little less this club was bleeding money and we had to sell kilbane and enzo just to stay a float says a lot. I understand people's criticisms of peace, but prudently he has progressed us or helped us progress, and deserves great credit because in the football money world he is a small fish but he has helped take us and keep us in the top league as across the board we are a lot healthier for it.

Roll on the new era, if we do have a new owner he will have his work cut out to better the club to the same extent as peace.
Title: Re: Guochuan Lai
Post by: Baggy nerd on July 04, 2015, 12:22:30 AM
The Mirror claiming it is a Chinese investment company.
Title: Re: Guochuan Lai
Post by: socalbaggie on July 04, 2015, 12:28:56 AM
IF it is Wei Jianjun this article is an interesting read. Sixth richest man in China and at first glance seems to be a great businessman (don't they all though, huh) so if he is as wise as JP has proven to be with the business side of things but with obviously much deeper pockets it at least looks promising, on paper anyway.  I have very little to complain about when it comes to JP and how he has run the club. All you have to do is look at where we were prior and I don't mean just our league position but the club as a whole. Every owner makes a bad decision now and then they are human after all but we are so much better off in every way since he took over and that can't be denied!! As far as I'm concerned JP earned every ££ he has made as our Owner/Chairman. Maybe I'm easily impressed but to be preparing for our 6th straight season in the most watched and richest league in the world with 3 of those seasons finishing 8th, 10th and 11th, state of art training facilities a top class academy with a £3M annual budget, category 1 status and a recently unveiled £2.5M academy base and all this and more accomplished without any debt. Clubs you can argue with bigger names that are larger or at least our size have been promoted then relegated some relegated again and in some cases are struggling to exist. We're no Man U or Chelsea so I'm perfectly content to play and battle for the 9th to 15th places in the richest, fastest most watched league in the world!! I wasn't planning to go on this long so here is the link to the article I mentioned earlier.

http://m.scmp.com/business/companies/article/1609146/billionaire-profile-wei-jianjun-great-wall-motors
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 04, 2015, 12:38:55 AM
Are you still intending to find out this info and report back?

Aye I've got the company information including shareholders, mortgages, loans, accounts and risk reports on WBA Group, WBA Holdings, WBAFC Ltd., WBA Heritage and some companies that no longer trade.

Interesting to see what Kappa do with their 10% shares in holdings, effectively owning 10% of Peace's majority shareholdings in Group.

I'll post the PDF documents of all info somewhere for you all to peruse. One is 20+ pages listing every shareholder at the club.
Title: Re: Guochuan Lai
Post by: PsalmXXIII on July 04, 2015, 02:13:46 AM
Right here goes:

For those who want to do their own research, the reports are here:

https://drive.google.com/folderview?id=0B-C3Mgynj