West Brom Dot Com

Author Topic: Guochuan Lai  (Read 1091123 times)

0 Members and 3 Guests are viewing this topic.

Offline baggiejohn

  • Senior Baggie
  • *****
  • Posts: 2946
Re: Guochuan Lai
« Reply #5675 on: December 05, 2018, 02:58:24 PM »
I have an overdraft facility, don't use it, but its still there.  If it costs nought / very little why wouldn't you, could help mitigate any cashflow concerns

I believe the E & S article said that we were still in overdraft, & would be for some time.
Mainly to pay wages & ongoing transfer debts.
Tend to think that the "small" overdraft described by Jenkins is significantly larger than he originally indicated.
If it was easy, it wouldn't be Albion

A wise old owl sat in an oak, the more he saw, the less he spoke
The less he spoke the more he heard, why aren't we like that wise old bird?

Online OldburyWBA

  • Administrator
  • WBA Chairman
  • *****
  • Posts: 40141
Re: Guochuan Lai
« Reply #5676 on: December 05, 2018, 03:09:06 PM »
The overdraft thing I would guess applies to the footballing side given the football side is just one section of the business in the actual Holdings company, it could be wiped out whenever we wanted to if we chose to do so.
B_H_Baggie : Dexy : Dudleylad : kris_boing : OldburyWBA
Hull Baggie : LiamTheBaggie : MarkW : Political Cake : tommcneill : WBArgo

Offline paulosull

  • Senior Baggie
  • *****
  • Posts: 2954
Re: Guochuan Lai
« Reply #5677 on: December 06, 2018, 12:52:43 AM »
Having the excuse ready for a quiet window meThinks , Moore probably been told to carry on with what he's got.

Online costa blanca baggie

  • Reserve Baggie
  • ****
  • Posts: 2210
Re: Guochuan Lai
« Reply #5678 on: December 06, 2018, 03:12:38 AM »
I know he’s probably a busy chap, but you’d think he’d have picked the vile game to attend.
Humanity is a parade of fools, and I’m at the front of it...twirling the baton.

Offline Norfolk Baggie

  • Youth Baggie
  • ***
  • Posts: 490
Re: Guochuan Lai
« Reply #5679 on: December 06, 2018, 01:23:02 PM »
Expectations by this stage are lowered.  I see no evidence of significant inward investment to the club, and any cash we spend is likely to be generated from sales.  We have a little bit to spend, and we might loose players in the window- Dawson might be at risk.  However, on balance I think we will come out about even.

Offline darbolina

  • Reserve Baggie
  • ****
  • Posts: 1126
Re: Guochuan Lai
« Reply #5680 on: December 06, 2018, 06:15:35 PM »
Without being cruel I don't think Lai has contributed much if anything as an owner overall to be honest. I don't see that we've changed much if at all from when Peace was in charge albeit that we lost Peace who was an experienced operator as we found out to our detriment with Willilams and Goodman's failures. Overall, I'd say we're worse off than under Peace for this reason............

 

Offline paulosull

  • Senior Baggie
  • *****
  • Posts: 2954
Re: Guochuan Lai
« Reply #5681 on: December 07, 2018, 10:57:09 AM »
Anyone know how his eco town's the club are associated with are doing?

Offline Westie

  • Junior Baggie
  • **
  • Posts: 223
Re: Guochuan Lai
« Reply #5682 on: December 09, 2018, 10:47:30 AM »
I’m disappointed, I was hoping to read that he had sold the Club!

Offline WBAinDEVON

  • Site Donator
  • WBA Manager
  • *****
  • Posts: 18527
Re: Guochuan Lai
« Reply #5683 on: December 28, 2018, 08:54:29 AM »
lets see some serious action this Jan please. if we dont get up this year it gets harder
Born and Bred in Oak Road West Bromwich B71   Est in the swinging sixties

Offline AlbionFan

  • Site Donator
  • Senior Baggie
  • *****
  • Posts: 2856
Re: Guochuan Lai
« Reply #5684 on: December 29, 2018, 02:56:06 PM »
From Matt Wilson Twitter account:

 Chief executive Mark Jenkins plays down notion of January splurge for #wba - and confirms owner Guochuan Lai is not pumping more money into club
“We create success or failure on the pitch primarily by our thoughts.”

Offline Dan

  • WBA Coach
  • ******
  • Posts: 6795
Re: Guochuan Lai
« Reply #5685 on: December 29, 2018, 03:00:09 PM »
Seems pretty clear that Jenkins has been instructed to get as much money out the club this season as possible while not completely destroying the possibility of promotion.

The best thing for us would be for Lai to sell up if we get promoted, it seemed obvious at the time that he'd paid an artificially inflated price that wasn't likely to be benefit him.

Offline WoysWunderful

  • Youth Baggie
  • ***
  • Posts: 571
Re: Guochuan Lai
« Reply #5686 on: December 29, 2018, 03:00:55 PM »
My new years wish is for sir Jeremy to ride in over the summer...

Online gazberg

  • Reserve Baggie
  • ****
  • Posts: 1172
Re: Guochuan Lai
« Reply #5687 on: December 29, 2018, 04:15:46 PM »
Lai always struck me as someone who bought the club to ride out the remainder of the existing TV rights contract and when the new tv rights kicked in this season the clubs value would jump and he would sell on at a profit.

Sadly for us he persevered with Pulis when it was easy to cut ties. We got relegated and now he's looking at a a large loss and we are worse off as a club.

Offline BalisPen

  • Youth Baggie
  • ***
  • Posts: 441
Re: Guochuan Lai
« Reply #5688 on: December 29, 2018, 05:47:14 PM »
My new years wish is for sir Jeremy to ride in over the summer...

Yes, we definitely need him.

He can build the new Halford which we apparently could never fill, but funnily enough we sell out in a lower division.

But, more likely is he would accumulate the money saved from such infrastructure investment and just take another £27m when he flogs to the next numpty who has not got a clue.

Jeremy Peace, west bromwich born and bred and lifelong Albion fan.

I'd hate to think what he would have taken from the club he was not "one of our own".

Online Droitwich Baggie

  • Site Donator
  • WBA Coach
  • *****
  • Posts: 5788
Re: Guochuan Lai
« Reply #5689 on: December 29, 2018, 05:51:59 PM »
It seems to me that Lai only wants to line his own pockets. Definitely nothing like what Vichai Srivaddhanaprabha bought  Leicester for.

Offline skyclad99

  • Reserve Baggie
  • ****
  • Posts: 2056
Re: Guochuan Lai
« Reply #5690 on: December 29, 2018, 06:11:06 PM »
It seems to me that Lai only wants to line his own pockets. Definitely nothing like what Vichai Srivaddhanaprabha bought  Leicester for.

If that is the case then he could be waiting a long time

At least Dick Turpin wore a mask..........
What have we done?
And what have we become
In this distance from our Mother
From the gates of late Eden?

Offline FallOutBoy

  • Reserve Baggie
  • ****
  • Posts: 2397
Re: Guochuan Lai
« Reply #5691 on: December 30, 2018, 06:48:56 PM »
My new years wish is for sir Jeremy to ride in over the summer...

Yeah, he can ride in with his mask and stripey jumper, and take a top-six salary off a team who he labels 'mid-table championship'... again.

Offline Mister AT

  • Senior Baggie
  • *****
  • Posts: 3631
Re: Guochuan Lai
« Reply #5692 on: January 02, 2019, 08:31:07 AM »
Wouldn't be nice for Lai to give DM just a small budget to really push us on and get into the top 2.

After all, it would benefit him in the long run  ::)
Loading...

Offline BAGGIES4LIFE

  • Youth Baggie
  • ***
  • Posts: 599
Re: Guochuan Lai
« Reply #5693 on: January 02, 2019, 08:48:18 AM »
Wouldn't be nice for Lai to give DM just a small budget to really push us on and get into the top 2.

After all, it would benefit him in the long run  ::)

If only, my hope is that he may have a deal in place to sell the club if we win promotion, and so a modest injection of capital could see this materialize. Failure might mean we are stuck with him for far too long!

Offline Mister AT

  • Senior Baggie
  • *****
  • Posts: 3631
Re: Guochuan Lai
« Reply #5694 on: January 02, 2019, 08:58:13 AM »
If only, my hope is that he may have a deal in place to sell the club if we win promotion, and so a modest injection of capital could see this materialize. Failure might mean we are stuck with him for far too long!

From a business view, surely if he's main aim now is to get what he paid into it and leave, then he NEEDS the club to be in the premier league to get the highest amount of money back.

But on the flip side, Lai will be thinking what if he does put in 20/25 million this month and we don't go up, then that's more money he has lost.

He seems to trust Jenkins, so I think if he was to say we needed a bit of money to see the job through, then Lai might just give a little.
Loading...

Offline leeiswba

  • Senior Baggie
  • *****
  • Posts: 2879
Re: Guochuan Lai
« Reply #5695 on: January 02, 2019, 10:11:23 AM »
He can’t put any money in as it is all in China

Offline baggiecarl

  • Baby Baggie
  • *
  • Posts: 98
Re: Guochuan Lai
« Reply #5696 on: January 03, 2019, 06:01:32 PM »
My new years wish is for sir Jeremy to ride in over the summer...
you must have been one of those  'brain washed ' by jeremy's  punching above our weight middle of the table championship  nonsense

Offline leeiswba

  • Senior Baggie
  • *****
  • Posts: 2879
Re: Guochuan Lai
« Reply #5697 on: January 03, 2019, 06:18:31 PM »
you must have been one of those  'brain washed ' by jeremy's  punching above our weight middle of the table championship  nonsense

Or just maybe preferred to be mid table to 8th in the prem than losing away at a poor Blackburn championship team

Offline 1954

  • Baby Baggie
  • *
  • Posts: 78
Re: Guochuan Lai
« Reply #5698 on: January 03, 2019, 06:44:12 PM »
He can’t put any money in as it is all in China

If this was even remotely correct how do Wolves' owners continue to plough multi millions into their quest for world domination (but don't tell Huddersfield & Palace!)?

Offline baggiecarl

  • Baby Baggie
  • *
  • Posts: 98
Re: Guochuan Lai
« Reply #5699 on: January 03, 2019, 06:48:39 PM »
Or just maybe preferred to be mid table to 8th in the prem than losing away at a poor Blackburn championship team
Alas , jeremy did not truly believe any of his own  rhetoric , otherwise why would he value a  club he considered  to be a mid -table  championship  for 175 million ?