Nope, I have my concerns aswell SoS. Iām quite happy the way things are to be honest but it looks like itās going to happen.
Iām not going to start panicking until we know a bit more about them. Surely all chinese companies canāt be bad news. I just canāt see how it would benefit anyone to spend Ā£200 million on an upwardly mobile club then set about dismantling it, thoā like I said I know little about international commerce.
My biggest fear is that theyāll wanāt to get too hands on with the day to day running of the football side of things to the extent that LR and coās positions become untenable. Iād be worried if we lost Reed.
Very reasonable Steve. As you say, letās hope they donāt want to stick their noses into the day to day running of the football side.
I would like to hear their reasons for wanting to buy the club and their development plans for both the club and the surrounding area. Letās hope my fears are unfounded.
Itās the amount of money to be made by developing the area that scares me(club could just be the way in). Heard about a possible link with the council(on here?), this would settle my fears somewhat. Anyone got any solid info?
The council have a Vision video for the area. In it they mention or more precisly hint that they do have a partner to help address the multiple ownership and contamination issues in the area.
This is the thing though, all we know is the little snippets and rumours weāve been getting from various media outlets and ⦠well, weāve got a whole thread dedicated to the media and adgendaās !!
There has been absolutely zero comments from anyone in the club about any of this and it will stay like that until a deal is signed and completed. Thatās how we do our business. For that reason, itās natural that the chinese will also remain tight lipped about their plans for the future of the club.
Until the inkās dried on the contract, weāll hear nothing. Until then we can only speculate.
I think weāve been spoiled a bit by the Liebherr ownership - I never thought theyād be in charge for 20 or 30 years but I was hoping they wouldnāt be looking to sell up at this point. The next few years are really crucial and it would be nice to have more stability around the club, but hopefully a minority shareholder deal could provide that to some degree.
If Lander are going to continue the work that the Liebherrs have done in terms of ensuring the club has a really strong financial spine and will go further in terms of developing the area around the land, bankrolling a few big purchases for the team, stretching the wage structure a bit etc. then we could be in for some fantastic times ahead.
The really key thing for me is that theyāre interested in the club for more than the lucrative market aspect of ownership, the thing that makes me feel most comfortable about the Liebherr ownership is that thereās a real feeling of care and sentimentality towards the club and how itās run, rather than it just being treated as a business venture.
Still, West Brom are doing pretty well early on under their new Asian owners which gives me enough optimism that this could potentially be a really good thing for us. Weāll have to wait and see!
IF you subscribe to the legend that Andrew Cowen had a genius business plan in his desk drawer that was found by a Swiss financial advisor then a small nudge can take you on to the concept that research had been done into ownership of the Industrial estate, aggregate dock & regulations & options for contaminated land.
Equally if you got that principle then the idea of having Political support, transport & infrastructure ideas is not far fetched.
Assuming that a sale of the club was looked at before Admin, it would equally make sense that putting all this together would make a dream mega project for certain investors OTHER than the usual dodgy briefcase crew.
Now IF you ran the club AND knew that upside of income may exist in the future, an aggressive CEO may overspend & run up debt in a rush to get the centre piece back to the EPL.
IF ONLY somebody could find a mega scale Property based partner.
Or you can believe none of that is on a 10+ year old PowerPoint.
Which is the joy of Forums nothing can be proven just ideas and opinions & analysis leading to wrong conclusionsā¦
Whatever else, the partner will be careful due to fluctuations & a probably crash of the £ in these Brexit days