Author Topic: Guochuan Lai  (Read 1329430 times)

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Mister AT

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Re: Guochuan Lai
« Reply #5950 on: May 28, 2019, 02:25:06 PM »
I saw that thread as well, according to him (who I believe) Lai could have got his money back with a serious new owner who would have made us the wealthiest club in the midlands but he won’t sell. They are still interested apparently so fingers crossed.

The only bit that puzzles me out of that is if Lai has no interest in us now we are not in the premier league and he has been offered his money back, why doesn't he just sell up and knock it on the head.

If that was me and I had no interest in the business, the foreseeable future of the business was uncertain, I didn't plan on putting any cash into getting the club back into the PL, then I would rip off the hands of another businessmen who was offering me my money back.

I have a feeling we are in for a lot worse over the next year or 2. Maybe it's time we as fans really started to let the owner know how we feel.
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TheJacko2000

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Re: Guochuan Lai
« Reply #5951 on: May 28, 2019, 02:41:59 PM »
I haven't seen the thread but there is simply no way someone has offered Lai £175m + to buy us while we're in this division.
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Aztech

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Re: Guochuan Lai
« Reply #5952 on: May 28, 2019, 02:52:04 PM »
I haven't seen the thread but there is simply no way someone has offered Lai £175m + to buy us while we're in this division.

I would agree, current valuation must be more like £75m tops.
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baggiejohn

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Re: Guochuan Lai
« Reply #5953 on: May 28, 2019, 03:31:00 PM »
This is quite interesting & might explain why Lai wants to hang on to us.

http://www.ejinsight.com/20190528-football-club-sponsors-from-china-an-enigma-wrapped-in-mystery/

In anybody's language £150 to £200 million is a lot of money & I just can't see Lai (or the Chinese Government) putting that at risk, by not supporting a push for promotion.
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Hunnington Baggie

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Re: Guochuan Lai
« Reply #5954 on: May 28, 2019, 03:41:21 PM »

TheJacko2000

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Re: Guochuan Lai
« Reply #5955 on: May 28, 2019, 03:48:31 PM »
https://mobile.twitter.com/BaggieSteve26/status/1131874350586585090

This is the conversation in question?


The guy is delusional. £700 million?


Divide it by 10.
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Aztech

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Re: Guochuan Lai
« Reply #5956 on: May 28, 2019, 03:48:43 PM »
https://mobile.twitter.com/BaggieSteve26/status/1131874350586585090

This is the conversation in question?

The guy claims Lai was offered £700m only a few days ago - complete and utter bulls4it
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Aztech

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Re: Guochuan Lai
« Reply #5957 on: May 28, 2019, 03:59:37 PM »

The guy is delusional. £700 million?


Divide it by 10.

700,000,000 Chinese Yuan equals 79,961,000.00 Pound sterling - sounds about right.
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TheJacko2000

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Re: Guochuan Lai
« Reply #5958 on: May 28, 2019, 04:10:56 PM »
700,000,000 Chinese Yuan equals 79,961,000.00 Pound sterling - sounds about right.


If we give this any credence then he would have specified Chinese ¥.


To speculate further 1.3 billion Chinese ¥ is £148 million. We simply aren't worth that and it would still be a loss for Lai.
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Aztech

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Re: Guochuan Lai
« Reply #5959 on: May 28, 2019, 04:13:39 PM »

If we give this any credence then he would have specified Chinese ¥.


To speculate further 1.3 billion Chinese ¥ is £148 million. We simply aren't worth that and it would still be a loss for Lai.

I don't give it any credibility whatsoever to be honest.
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gazberg

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Re: Guochuan Lai
« Reply #5960 on: May 28, 2019, 05:18:54 PM »
Yes tbf to the poster Steven he says that what Lai wants and where the hell he got that figure from for a championship side is insane.

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Re: Guochuan Lai
« Reply #5961 on: May 28, 2019, 05:26:55 PM »
Yes tbf to the poster Steven he says that what Lai wants and where the hell he got that figure from for a championship side is insane.

He also states the interested party offered £700 million which is obviously complete and utter rubbish.

On current valuations you could purchase 2 premier league teams just outside the top 6 for £700 million.
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gazberg

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Re: Guochuan Lai
« Reply #5962 on: May 28, 2019, 05:51:52 PM »
He said thats what Lai wanted. Not what was offered.  BUt yes tosh either way.

Aztech

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Re: Guochuan Lai
« Reply #5963 on: May 28, 2019, 05:58:44 PM »
He said thats what Lai wanted. Not what was offered.  BUt yes tosh either way.

No he said they offered £700 million but Lai wants £1.3 billion  :o
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baggiejohn

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Re: Guochuan Lai
« Reply #5964 on: May 28, 2019, 06:15:01 PM »
In context:

Fosun allegedly paid £40 million for Wolves

The prospective buyers of Newcastle United are discussing a valuation of around £350 million.
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gazberg

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Re: Guochuan Lai
« Reply #5965 on: May 28, 2019, 06:18:41 PM »
No he said they offered £700 million but Lai wants £1.3 billion  :o


MY bad but total tosh from Lai is what it still amounts too! :D

Aztech

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Re: Guochuan Lai
« Reply #5966 on: May 28, 2019, 06:26:14 PM »

MY bad but total tosh from Lai is what it still amounts too! :D

Agreed, however the entire story is utter nonsense
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aboing

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Re: Guochuan Lai
« Reply #5967 on: May 28, 2019, 06:32:36 PM »
my guess as a layman - he bought for 180ish million and we now worth 70ish million (relegatigation etc ) after that initial huge loss, he wont sell now. our next couple of years downgrade, wont even touch the initial loss? only problem is how much he screws us over, from now in :( till he sells
« Last Edit: May 28, 2019, 06:34:15 PM by MarkW »

gazberg

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Re: Guochuan Lai
« Reply #5968 on: May 28, 2019, 06:40:54 PM »
I suppose he can sell the best players we got and pocket the money and make i dunno 30-40m back that way and then sell up but that will still leave him around 60m down.

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Re: Guochuan Lai
« Reply #5969 on: May 28, 2019, 07:09:10 PM »
I suppose he can sell the best players we got and pocket the money and make i dunno 30-40m back that way and then sell up but that will still leave him around 60m down.

I’m sure it’s been stated before by other posters, who understand company law, that Lai isn’t able to pocket money as you suggest, but I could be wrong.
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gazberg

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Re: Guochuan Lai
« Reply #5970 on: May 28, 2019, 07:44:34 PM »
In the nicest possible way i hope they are right!

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Re: Guochuan Lai
« Reply #5971 on: May 28, 2019, 08:02:10 PM »
The longer we stay in this league or god for bid we drop down a division then clubs valuation will plummet. At the minute with Premier parachute money I'd say you would be lucky to get 60 million when that payment is no more then the most the club is worth is 30 million.

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Re: Guochuan Lai
« Reply #5972 on: May 28, 2019, 08:13:31 PM »
Genuine info that Jeremy has offered Lai a way out by buying the club back circa £75m- £100m but it means loss of face in China so it wont happen same source also told me our Chief Executive is on £1m per year!!!!
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Re: Guochuan Lai
« Reply #5973 on: May 28, 2019, 08:17:16 PM »
Genuine info that Jeremy has offered Lai a way out by buying the club back circa £75m- £100m but it means loss of face in China so it wont happen same source also told me our Chief Executive is on £1m per year!!!!
wasn’t the highest paid director/executive listed in the accounts as earning about £200k ?
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Re: Guochuan Lai
« Reply #5974 on: May 28, 2019, 08:18:02 PM »
Genuine info that Jeremy has offered Lai a way out by buying the club back circa £75m- £100m but it means loss of face in China so it wont happen same source also told me our Chief Executive is on £1m per year!!!!

I’m not surprised by this development if it is true and better the devil you know...... etc.
My posts are my personal views and any links or external inclusions are not necessarily an endorsement by me.
I'm an ordinary bloke with no hidden agenda, here just to enjoy all things Albion etc.

It's all about opinions, so don't shoot the messenger if he/she has a different view to you!