WBA takeover?

[DPE]

Sure it will interest some but the baggies have a major announcement this morning sad to be a takeover. Think this might have been the group rumoured to us.

 

[The Dowg]

Irrelevant. Not bothered.
We take the pee out of them having "Dingle watch" and being "obsessed" and then start this...

 

[k-dog]

Who?

 

[Sedgley Gold N Black]

Pulis has walked? Did it at Palace IIRC?

 

[Deleted member 4309]

Irrelevant. Not bothered.
We take the pee out of them having "Dingle watch" and being "obsessed" and then start this...

This

 

[Sedgley Gold N Black]

They've been sold to a Chinese investment group.

 

[Daveywolf]

The richest guy in China, they did this to trump us

 

[Mutchy]

We take the pee out of them having "Dingle watch" and being "obsessed" and then start this...

Indeed. Thread title changed for talk of any takeover, but we aren't having an equivalent to Dingle Watch.

 

[Matt]

Guochuan Lai fronts Yunyi Guokai (Shanghai) Sports Development Limited

That's not who was rumoured is it?

 

[Deleted member 4456]

The richest guy in China, they did this to trump us

Actually, Jeremy Peace has managed to find someone who has no visible record of success, barring some vague mention of an investment company with a market capitalisation of £1.8bn, which isn't even in FOSUN's league. As you were.

 

[Sedgley Gold N Black]

The richest guy in China, they did this to trump us

Well the company that has bought them or the owner "guochuan lai" don't appear to exist according to google, so I'd suggest he isn't.

Edit, he's linked to some company that has as a market cap. of £1.8bn and generated a revenue of £500m last year according to West Brom's statement (nothing about him on google though so I doubt he's the owner of that company?)

West Brom's revenue will probably be touching £200m after this season's TV deals.

 

[Deleted member 4456]

Well the company that has bought them or the owner "guochuan lai" don't appear to exist according to google, so I'd suggest he isn't.

Guochan Lai deals with "eco towns" according to this:

http://www.wba.co.uk/news/article/2...n-west-bromwich-albions-takeover-3226381.aspx

In other words, he's the Chinese Steve Morgan.

 

[Daveywolf]

Well the company that has bought them or the owner "guochuan lai" don't appear to exist according to google, so I'd suggest he isn't.

some good news then lol

 

[Deleted member 4456]

Guochuan Lai fronts Yunyi Guokai (Shanghai) Sports Development Limited

That's not who was rumoured is it?

It's certainly not Dalian Wanda group.

 

[k-dog]

He's basically a Chinese Jeremy Peace

 

[Matt]

Pre season tournament in China featuring Wolves, Albion, Villa and Blues anyone?

 

[Golden_Wolf]

Strange that they've also been sold to an investment group.

Wonder why the interest in Midlands clubs?!?

 

[Deleted member 4456]

Pre season tournament in China featuring Wolves, Albion, Villa and Blues anyone?

If it's in Beijing or Shanghai, I wouldn't mind going to that.

 

[RosehillWolf]

If it's in Beijing or Shanghai, I wouldn't mind going to that.

I've been to Shanghai. Incredible place

 

[Sedgley Gold N Black]

Strange that they've also been sold to an investment group.

Wonder why the interest in Midlands clubs?!?

If you go by Jeff Shi's comments of looking for somewhere that is basically underperforming/has a lot of room for improvement.

The football clubs and the region fit that.

 

[oldgoldheart]

If you read carefully they have been bought by a shell company. I agree about a dingle watch thread and wont post again on it

 

[Matt]

Potentially exciting times for Midlands football. As much as i dislike them, I'd love to have all 4 midlands clubs doing well in the PL.

 

[Golden_Wolf]

If you go by Jeff Shi's comments of looking for somewhere that is basically underperforming/has a lot of room for improvement.

The football clubs and the region fit that.

Good point. Would be great to see both clubs & regions performing at the top end again.

 

[stuj4z]

On a serious note this doesnt seem that transparent to me. Im sure Peace wouldnt sell to someone dodgy but the holding company was set up to buy the club and is ran by a guy who has as little background info as the mad doctor at Villa.

 

[Sussex Wolf]

If you go by Jeff Shi's comments of looking for somewhere that is basically underperforming/has a lot of room for improvement.

The football clubs and the region fit that.

Spot on.

Sent from my LG-D855 using Tapatalk

 

[NavyWolf]

Who cares??
We have our new Chinese owners they have theirs, Villa theirs, maybe this will create a bit of competitive spirit between the rival owners to be the best.

 

[Mugwump]

Hope its not the Wanda group, they are seriously, seriously rich.

 

[BlahBlah]

Guochan Lai deals with "eco towns" according to this:

I'd love to see his face when when he gets to Smethwick

 

[Deleted at request of member 4337]

Exactly who cares?

 

[Matt]

Hope its not the Wanda group, they are seriously, seriously rich.

It's not http://www.birminghammail.co.uk/spo...ews/west-bromwich-albion-live-albion-11707798

It's Yunyi Guokai (Shanghai) Sports Development Limited

 

[Deleted member 4309]

Hope its not the Wanda group, they are seriously, seriously rich.

It's not

 

[Dudleywolf]

Hmmm, four midlands clubs owned by Chinese, when we play each other ALL bets are off.

 

[Wolf in Kenilworth]

They don't appear to be as big as FOSUN!

 

[Andy]

http://www.bbc.co.uk/sport/football/36983933

John Williams to be chief exec. Didn't he work at Wolves in the 90s?

 

[Deleted member 4309]

They don't appear to be as big as FOSUN!

Far from it

 

[BlahBlah]

Guochuan Lai fronts Yunyi Guokai (Shanghai) Sports Development Limited

That's not who was rumoured is it?

Nope. It's like wanting Selfridges and getting the local convenience store.

 

[Deleted member 3573J]

If this thread is still going in 4 years time and reaches 250 pages we can compare it to dingle watch, as it is it's a thread about a takeover of a local club, just like when villa were bought.

 

[Daveywolf]

from the Baggies forum

I don't see loads of cash to be honest. The business market cap is only £1.8bn - that makes it relatively small. And its quarterly profits was only £7m.

Palm was listed on the Shenzhen Stock Exchange in 2010 (ticker number 002431) and had a market capitalisation as at 4 August 2016 of RMB15.6billion (GBP1.8billion). In the six months ended 30 June 2016, Palm had revenue of RMB1.45billion (GBP164million) and recorded a profit before tax of RMB60million (GBP7million).

I'd like to be delighted but my brief scan says we've just inherited the Chinese Jeremy Peace....

 

[Deleted member 4456]

They don't appear to be as big as FOSUN!

Put it this way. If what West Brom are saying is correct and their new owners make a (theoretical) net profit of around £7m every six months, it means that on average, FOSUN makes more money on a good day than they do in a financial year. They aren't even in the same league in terms of the money they can generate.

 

[Tring Wolf]

Takeovers are so last month.

As always, The Baggies are following us. Always in our shadow...

Interesting times for Midlands Football...