Coventry City FC .................... (13 Viewers)

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Bob Latchford

Bob Latchford

Well-Known Member
Get relegated in 2001 ! and the demise continues to this day !! Aston Villa get relegated in 2016 ! they get new owners and a new manager - Discuss .......
 
Grendel

Grendel

Well-Known Member
They have a ground to sell as they weren't shafted by their council? Our council wanted Sisu above every other bidder for the club as they ticked all their boxes?

Take a day off
 
Ian1779

Ian1779

Well-Known Member
TV money... they will get more in parachute payments next season than we could generate in 10 years.
 
Grendel

Grendel

Well-Known Member
ccfcway said:
so conservatives originally stitched up ccfc and now labour are stitching up sisu ?
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Sorry? You said the locals voted back in. I just struggle to see any relevance to CCFC - can you please explain?
 
B

Broken Hearted Sky Blue

Well-Known Member
Grendel said:
They have a ground to sell as they weren't shafted by their council? Our council wanted Sisu above every other bidder for the club as they ticked all their boxes?

Take a day off
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You're right had nothing to do with the fact that villa was sold for £60 million with massive parachute payments where our owners want more than that without a parachute.
 
D

Deleted member 5849

Guest
Anyway, what am I discussing?

This?

Financial Times said:
The Chinese business group which has agreed to buy Aston Villa football club admitted on Friday that it controlled only one listed company, not the five previously claimed in a press release.

The admission raises questions about the due diligence on Tony Xia, the businessman behind the deal. He is chairman of the Recon Group, a Beijing and Hangzhou based private holding company which controls 75 per cent of Lotus Health Group, a large producer of the food additive MSG.
On the website of the Aston Villa football club, a biography of Mr Xia — posted on May 18 when the sale was announced — reads: “Recon Group is a privately owned holding company that owns the controlling interest in five publicly listed companies on the Hong Kong and Chinese stock exchanges.”

The Recon Group website appears to show the group has several listed subsidiaries, however stock exchange filings show that Recon Group only has a significant stake in Lotus Health.

A Hangzhou-based spokesman for Recon reached by telephone on Friday, who identified himself only as Mr Jin, admitted the company “currently only has controlling share in Lotus Health”.

Meanwhile, he said: “The acquisition deals for the remaining four companies are still being finalised and should come out soon.” He declined to name the companies.

The Recon Group said the mistaken information contained in the press release had been the result of a “miscommunication” with Aston Villa, and they would ask the football club to change the wording of the statement.

The information raises questions not just about the truthfulness of the claims surrounding Mr Xia’s business dealings, but about the financial health of Mr Xia’s business group, which agreed this week to pay an undisclosed sum for Villa.

Last month, Lotus — Recon’s only verifiable asset — announced it had made a net loss in 2015 of Rmb508.5m ($77.6m) on revenues of Rmb1.7bn, compared with a net profit of Rmb23.9m the previous year.

Lotus produces 150,000 tonnes of MSG, exporting to more than 70 countries every year, according to Shanghai stock exchange filings, as well as other food additives.

Recon Group’s other revenues were unclear as the group does not appear to have ever published an audited financial statement.

In addition Mr Jin denied an assertion by Steve Hollis, Villa’s Chairman, who was quoted on Thursday saying that Mr Xia had helped to build the Bird’s Nest Olympic stadium in Beijing.

“Again, you need to ask him but he is responsible for the Bird’s Nest in Beijing and some of the other major iconic developments in China” Mr Hollis was quoted in an article in the Birmingham Mail.

“Xia was never involved in the planning or designing of the Bird’s Nest stadium. Xia’s expertise is in urban design” said Mr Jin.

A spokesman for Aston Villa confirmed that Mr Hollis was accurately quoted, but said he was not sure what information Mr Hollis was citing.
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Bob Latchford

Bob Latchford

Well-Known Member
Oh I forgot to mention , they'll be investing in their team and , taking care of their stadium . whilst CCFC hold talks with local Rugger club. hardly Highfield Road which held 51000...please-discuss further ......
 
D

Deleted member 5849

Guest
Bob Latchford said:
Oh I forgot to mention , they'll be investing in their team and , taking care of their stadium . whilst CCFC hold talks with local Rugger club. hardly Highfield Road which held 51000...please-discuss further ......
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Not going to bother reading the FT report Bob?
 
Bob Latchford

Bob Latchford

Well-Known Member
chiefdave said:
About 50 years ago maybe. 23,489 once the kop went and the new East Stand went in.
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And yet 30,000 v Crewe and further population since 1967 hmmmm .
 
S

Shakeitup

Well-Known Member
Grendel said:
They have a ground to sell as they weren't shafted by their council? Our council wanted Sisu above every other bidder for the club as they ticked all their boxes?

Take a day off
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They're also a massively underachieving team in the second city. They also didn't have Richardson sell the original ground.

If it wasn't for that we would have been a far more appealing proposition for investors. Regardless of what the blinkered folk may say.
 
Gazolba

Gazolba

Well-Known Member
Aston Villa and Coventry both have a 'v' in their name. How many other clubs do? Discuss.
 
chiefdave

chiefdave

Well-Known Member
Bob Latchford said:
And yet 30,000 v Crewe and further population since 1967 hmmmm .
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Not to sure what the attendance against Crewe has to do with the capacity at Highfield Road.

If we're playing that game the club said they could have sold the stadium out multiple times over so should we build a 65K stadium just in case? If you look at the Football League attendance report we have one of, if not the, lowest % capacity filled every season.
 
Nick

Nick

Administrator
I thought we were like Leicester because they won the league, now we are like Villa?
 
Bob Latchford

Bob Latchford

Well-Known Member
Shakeitup said:
They're also a massively underachieving team in the second city. They also didn't have Richardson sell the original ground.

If it wasn't for that we would have been a far more appealing proposition for investors. Regardless of what the blinkered folk may say.
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Very true .
 
blueflint

blueflint

Well-Known Member
Grendel said:
They have a ground to sell as they weren't shafted by their council? Our council wanted Sisu above every other bidder for the club as they ticked all their boxes?

Take a day off
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in 2001 we were not shafted by the council but we didn't find a buyer were we even for sale
 
Bob Latchford

Bob Latchford

Well-Known Member
I'm liking this new version of the ignore button. once you've signed in , the ignored can't be seen . well done .
 
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