West Brom - sold
Wonder whose next on the radar for the Chinese?
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do any of the owners own clubs in the chinese league as could be a similar situation to our great owner.0
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Walsall?5
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Fleetwood0
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Coventry, judging by the locationRedmidland said:Just announced that West Brom will be sold to a Chinese consortium, that now means 4 West Mid clubs owned by the Chinese - Brum, Villa, Wolves and now West Brom.
Wonder whose next on the radar for the Chinese?1 -
Good point, but haven't got a clue mate.palarsehater said:do any of the owners own clubs in the chinese league as could be a similar situation to our great owner.
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More importantly what will happen to these clubs when the Chinese move on to the next money making scheme, or even worse the Asian stock markets crashed.0
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Have any Chinese consortiums tried to buy you yet? Red Midland FC sounds plausible enough as a football teamRedmidland said:
Good point, but haven't got a clue mate.palarsehater said:do any of the owners own clubs in the chinese league as could be a similar situation to our great owner.
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Coventry are in financial trouble I believe, so it fits i suppose0
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Yes ive had offers.....the number mentioned was 69!!!sam3110 said:
Have any Chinese consortiums tried to buy you yet? Red Midland FC sounds plausible enough as a football teamRedmidland said:
Good point, but haven't got a clue mate.palarsehater said:do any of the owners own clubs in the chinese league as could be a similar situation to our great owner.
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Now they're sold it will hopefully mean that Berahino is sold, and we can stop hearing about him every transfer window.1
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Fortunately for us, Roland rejects any Chinese approaches because they don't know English football.0
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Redmidland said:
Wonder whose next on the radar for the Chinese?
West HamLondon United1 -
Chinese stock market crashed hugely, not that long ago...eaststandmike said:More importantly what will happen to these clubs when the Chinese move on to the next money making scheme, or even worse the Asian stock markets crashed.
I'm pretty sure this is not about making money - who makes money from football? - China have made it pretty clear they want to be a world power within football, these purchases could well be one of the first steps.0 -
How did Charlton get stuck with such an idiot owner ?Oh_Yoni_Boy said:Fortunately for us, Roland rejects any Chinese approaches because they don't know English football.
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A world power by taking over west-midlands clubs?Stu_of_Kunming said:
Chinese stock market crashed hugely, not that long ago...eaststandmike said:More importantly what will happen to these clubs when the Chinese move on to the next money making scheme, or even worse the Asian stock markets crashed.
I'm pretty sure this is not about making money - who makes money from football? - China have made it pretty clear they want to be a world power within football, these purchases could well be one of the first steps.0 -
AC Milan have also been sold to Chinese investors.cafcinse6 said:
A world power by taking over west-midlands clubs?Stu_of_Kunming said:
Chinese stock market crashed hugely, not that long ago...eaststandmike said:More importantly what will happen to these clubs when the Chinese move on to the next money making scheme, or even worse the Asian stock markets crashed.
I'm pretty sure this is not about making money - who makes money from football? - China have made it pretty clear they want to be a world power within football, these purchases could well be one of the first steps.0 -
"The directors of West Bromwich Albion Football Club remain in dialogue with Controlling Shareholder and Chairman Guochuan Lai regarding an outstanding loan owed to the club by his related party, Wisdom Smart Corporation Limited.
The £4.95m loan is due for repayment, with interest, today (Saturday, December 31, 2022), and Lai has assured the club’s board of directors the repayment will now be made early in the new year."
The update comes as a further hammerblow for the Baggies faithful, who this week received confirmation their club had to take out a £20m loan from investment firm MSD Holdings to get by.
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Shilen Patel has formally completed the takeover of West Bromwich Albion from Chinese businessman Guochuan Lai.
The American has become the majority shareholder and is Baggies' new chairman.
Bilkul Football WBA, LLC - a company ultimately owned by Florida-based entrepreneur Patel and his father Dr Kiran C. Patel - has acquired an 87.8% shareholding in the Championship club.
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will always be a yoyo club unless they can build a 50,000+ seater stadium or drastically extend the Hawthorns, otherwise I can't ever see WBA being a money maker despite it being a historic club and FL founder memberclive said:Shilen Patel has formally completed the takeover of West Bromwich Albion from Chinese businessman Guochuan Lai.
The American has become the majority shareholder and is Baggies' new chairman.
Bilkul Football WBA, LLC - a company ultimately owned by Florida-based entrepreneur Patel and his father Dr Kiran C. Patel - has acquired an 87.8% shareholding in the Championship club.
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