Heard he wont be in court now until next november !!!!
All money frozen until the outcome of the case where Yeung is pleading not guilty to the charge of money laundering 60 million quid.
So god knows how long this could possibly drag on for.
He cant leave the country until then and cant help us, and I use that term lightly, for at least 12 months with reports saying we will have to sell to balance the books.
We havnt got enough players to keep doing this surely????
Carson
posted on 8/12/11
That has got to be the worst possible date for us. It leaves us in limbo for another 12 months.
Surely this can only mean one thing, the dreaded A word. Administration.
I know his shares are frozen until this date but surely he could sell his stake in BIH or let one of the other major shareholders take over control until this is all sorted?
I really want him out of the club asap. He brought us the good luck of winning the cup but he doesn't have the financial power to sustain us and he must realise this now?
Any Billionaires reading this post, please step in and buys us!
posted on 8/12/11
I think you might be right about administration
There is no way (imo) he can do any selling or buying or even haggle about the price of a cup of noodles!!! The courts just wont allow any business transactions to take place what so ever, even if that means the club going down.
If this does happen our wish of him getting out the club might just happen
God only knows we wont be worth what he payed for us whilst they crooks are in charge so how else can we get rid???
Id take one season in the division below next season to get rid of them and bounce back, bit like southampton did....but on a lesser time scale
KRO
posted on 8/12/11
No way we can survive for another year under these circumstances.
Seems like Chinese will destroy our club cos they are gutless crooks or scared rabbits.
KY paid 80M? and he owns 23%... lets say a quarter.
So what about the prats who paid the other 60M or so?
Dont they want to protect their investment?
They will lose it all unless they give us enough to survive on!
Bring back the Iron curtain... thats what I say!
posted on 8/12/11
OK, so you think I am crazy... you aint heard nothing yet.
China may seem to have become westernised buts thats all it is.
Communism still rules in that country, all the big bosses are party members and still have their beloved little red books.
Integrity is not high on their agenda.
So my solution is kick all of thier businesses out of the west, sieze all their assets, give us our jobs back.
They can go back to being a nation of rice farmers.
Lower the iron curtain and MAD is restored... what difference will it make if we nuke each other?
The way things are going the west is fooked anyway!
Well done Carsen you turned me from a rational human being into a warlord!
Rant over... maybe!
posted on 8/12/11
I think that, arguably, the most powerful nation on earth might have something to say about that
With the west faultering except for Germany we face the strength and communism of China and Russia. China very soon to be at the top of the food chain and Russia possibily lead by a possible maniac in Putin if he gets in !!!!!!!! and if he does Ive read somewhere he could then rule for up to 12 years !!!!!
Oh my god !!!!!!!!!! Rant over
KRO
posted on 9/12/11
Doesnt sound too good does it.
Who the hell owns the other 75% of the club and will Carson still be able to sell with his assets frozen? The most annoying thing about this whole saga is we are being told nothing. Why cant they just let us know where we stand and if they are looking to sell? Seems most people expect us to offload as many players as we can in Jan then be put into admin. Would be terrible if this happened.