Worrying article on newsnow
http://www.oftenpartisan.co.uk/archives/1969/carson-yeung-arrested.html
WTF
Carson Yeung arrested
posted on 29/6/11
Even if Carson is banged up, which won't happen, as he's in HK, not mainland China (he will be on bail), or even found guilty, it won't be a biggie, BCFC won't go to the wall, as CY isn't the only owner, I think he owns 30%. However, if the Chinese want their dosh back, you will either have to put up with them as your new owners, no bad thing, they're the richest in terms of raw cash (the next Citeh!?), or they will sell CY's shares in the meantime.
Just one problem, you will have to sell all your good players to keep the club floating, because CY won't be able to funnel any cash to you from th clink. Yep, you could be the next Portsmouth.
posted on 29/6/11
What I find really amusing though, is that someone only wanted to own BCFC as a money laundering operation. Where's the love?!!!
posted on 29/6/11
how much is 600mil HK dollars is sterling ?
£48.2M
Or half a Ronaldo
Or almost a Torres
Or 37.3 million litres of diesel.
posted on 29/6/11
Can we sell the diesel and get a team started on the cheap?
No Cameron Jerome though
posted on 29/6/11
i am here JK
Right first of all JK and bcfc83 you guys have never liked the board, dont know 100% why. They had backed McLeish more than S&G did
Problems was we dont really know how rich he is, where is money comes from. Seems like he is someone who maybe bitten off more than he can chew.
Is it McLeish to blame.... well well JK why would i blame McLeish for Yeung being in bother over Money laundering. McLeish has nothing to do with this.
First of all we do not know the full story, dont forget out old board got into trouble over both Tax Fiddles and the Bung Enquiry.
They was aquited of both allegations.
Yes indeed very worrying for us, as i said all along while Yeung and Co seemed to have ambition and spending with us, i felt it was purely based on us maintaining Prem Status and if we got relegated well we could be in trouble.
I said relegation will really test Yeungs ability to run a football club, this is when we will find out if he can have the backing or not.
Well this news does not help one bit (but do not be so concerned).
Because my muckers, Carson Yeung is not the Majority Share Holder, Kingston Securities and other firms affiliated or owned by Polly Anne Chui are
So worst case is that Yeung will have to release all claims to Blues and it goes to Polly Anne.
simular to how Chainrai took controll of Portsmouth when Sulaiman Al-Fahim failed to get the funds to run the club.
So Sulaiman Al-Fahim/Yeung
Thus Chainrai/Mr Chui
Its then what she would do with the company, we know she has money but does she want to run the club, seems she is only a backer who does not wish to take controll like Chainrai was at Portsmouth.
As far as any blame on McLeish he can only be blamed for his part in relegation, lack of backing joke of a excuse aside, few injury excuse aside, we had a number of players who could have maybe changed things that McLeish never gave enough chances, because he was too stuborn with his favorites and never had a clue.
So we had a clown of a Manager and bigger clown of a owner and thus Circus of a Club.
But if anyone really dont like that, well there is better ran club down the road Managed by the Messiah who have some season ticket holders handing their seats back... thats empty seats if anyone is interested.
Again its out of our hands and we cant do nothing.
Bet papers will lap this up, and add it to that whiter than white image McLeish has now got, and they will blame the board for all our troubles.
Well explain how McLeish was blameless
As for Yeung well looks like we could be in bother because the guy does not have the money to run us, and now getting caught up in dodgy deals can only add to our problems.
But we have to wait to see what happens, but in the mean time this only makes things worse and harder for us to prepare for this season.
So while we dont agree on McLeish (its not like he smells of roses).
JK your concerns could be founded right with our owners, i had my worries but always said we dont know untill the worse happens.
Now god help us
Oh well never easy be a Bluenoses mate
The KiD
posted on 30/6/11
The KiD:
"Right first of all JK and bcfc83 you guys have never liked the board, dont know 100% why."
___________________________________________________
Really? Even NOW? Stroll on, Banjo! What will it take? A touch of white slavery? Pannu to start making snuff movies in the Jasper Carrott suite? A change of colours to pink & purple?
I love ya' Banjo but you are one stubborn fella'.
Fair play to you. Let's hope it all gets sorted but I can't help but hope that this hastens the exit from Blues of Our Dear Leader.
KRO
posted on 30/6/11
Not stubborn mate
I agree with you on Yeung, i said i had concerns over Yeung as we dont seem to really know whats going on, we dont know how much he has, or how its made. Its all a bit smoke and mirrors and dodgy.
I said at the time, we should not yet panic, untill something concrete comes out to prove Yeung is either pennyless or does not have the ability to run the club and then we should worry.
Seems JK your right to worry and your caution has been proven right, we could now be in big big trouble.
Our disagrement is with McLeish, i think he had very good points i just think if things was tried different if we had a Manager who would change things we would have stayed up. I think he got backed, and dont blame us for missing out on some players because of the high prices i mean £14M for Jones and players who never wanted to be here like N'Zogbia.
I think there was some failings as far as the team selections go, i mean come on surely you could not have had confidence when the team sheet read week in week out the same as the one the week before and not getting results. As each game started we never really had much confidence that Jerome was gonna start scoring or that we was going to start to create more and more.
But we have Hughton now who i think would have that better ballance, McLeish is better Manager only his Tactics was flawed for us.
But even if McLeish changed and got it right and we stayed up, you would have that worry JK that no matter who Managed us and if McLeish kept us up, you had a feeling something was not right.
And had we not got relegated, had we then still had McLeish even though we would have the Prem cash, when something like whats happned with Yeung has happened.
Then your right it was only a matter of time before something bad happened and Carson Yeung destroys the club.
Hope thats not the case, but i agree we have more to worry about his ability to run the club, than we have to look forwards too.
All the best to you too
The KiD
posted on 30/6/11
Oh another thing JK
While McLeish may not have best managed us to stay up.
We do not know the full story of what caused him to go, i always said we dont know for sure so cant jump the gun.
But maybe McLeish and some players had just the concerns or more so with our ownership, maybe they smelt a rat or senced a sinking ship.
While McLeish got backing, i bet no doubt that the comunication via McLeish to Panu to Yeung was not as easy or straight forwards as it was from McLeish to Brady to Sully.
Maybe that started Alarm Bells, maybe McLeish never got answers and always hit that wall called Panu where he seems to always say nothing to worry about.
Who knows
While i think Yeung is not to blame for the players we missed on, our club could not afford to pay £14M for Jones and £13M for Pavy or give into N'Zogbias greed.
While we was right to pull out of deals for those reasons.
I guess we shall never know if say N'Zogbia never got greedy and if Pavy would have cost £10M if Yeung then would have given McLeish the £19M to get the pair.
I think the money would have come some how to pay for them at that price, but then a worry is where that money is comming from.
Take yourselves, anyone can go have 3 credit cards then go and buy nice 3D TV, PS3, Xbox 360, new Soffa and Kitchen all on credit.
And so say £8000 worth yet only have £500 in the bank and only earn £200 a week wages.
Thats a lot differnt to having say £12K in the bank then spend and pay for that £8K of goodies out of that, and thats the thing with Yeung we dont know how much he has in the bank.
Worrying times i am afraid and maybe Eck could smell that and jumped ship/took the easy way.
Sadly for us fans we can really to that can we, well we could go support Villa but how many of us would do that and take the easy way out.
The KiD
posted on 30/6/11
Banjo the reason I have never liked the board is that they are as dodgey as the previous two owners.
Sullivan and Gold were investigated for tax invasion but never found guilty, but they were dodgey in a lot of their dealing.
Not sure if you are old enough to rememebr the board before that banjo but the Kumars were the worst out of a bad bunch, the club was going to the wall we were getting crowds of 6000 and we had no hope. In stepped Sullivan and Gold and I will be forever greatful for them coming in and 'saving' us.
I just wish that we could get owners in that care about the club and not lining their own pockets.
posted on 30/6/11
I never really knew the club under the Kumars
I always thought the new board had ideas, ambitions, and dreams and they did back us more than S&G, the concerns for me was i wonder if they had bitten off more than they can chew and that while its not so hard to run a club in the Prem because you get TV income and its a asset.
I always had concerns what if we got relegated, i brushed off reports of debts untill we are proven to not be able to pay them off as loads of clubs have debts.
My concerns came over how Yeung had to loan off his assets to keep club afloat.
That meant Yeung does not have much in his bank, i.e ready cash, and how the other share holders did not pay for that.
Seems more indeed as come to light and we are ran by someone on the dodgy side, but i guess we should wait to see the bigger picture.
But it does not read well.
And while i think Ecks bad Tactics/Team selections took us down, i think maybe there is a good reason he walked away and thats maybe he can smell a rotten egg and foreseen that maybe our owners cant run the club.
Whats funny is was it not Panu who used to work for the HK Police who mainly delt with the kind of things/crimes that now Yeung has been charged with.
So maybe what better way to carry on dodgy businesses than get someone on board who used to investigate such matters for the Police.
Kina like say the CIA taking a leader of a major Terrorist Organisation on board to fight aganist future Terrorism.
The KiD