13-05-2022, 14:39
(21-04-2022, 17:14)talkSAFT Wrote: Blue, I'm sure I read a year or so ago - (can someone confirm?) - that the Chinese Government had barred their citizens from investing any more money in overseas Sports Clubs (???)
If that's so, Lai has got to make his mind up whether to sell up soon before our value depreciates any further!
I just wish that Jeremy Peace would buy the Club back (if he still sees himself as a fan). What's he going to spend his £200m on in his lifetime? What about buying WBA back for £80m (or whatever)? Lai would be even dafter than I thought if he didn't cut his losses now.
When we were sold for the reported £200 million we had £40 million in cash in the bank at the time this was included in the sale.
Hence Lai paid £160 million in reality.
We soon after blew the £40 million on Burke - Sturridge - Gibbs - Barry - Hegazy - Krychowiak - J Rod and the dismisal of Pardew in a failed attempt to prevent relegation. But we spent all the cash as far as I know.
So any offer around £160 million should see him get his money back.
Once the £50 million parachute money disappears our value will drop like a stone.
So he would need to sell now if he's looking to get a chunk of his original investment.
2020 the year the bubble burst 
