Takeover Thread - July 1st statement, Staveley letter to Tracey Crouch (and response) in OP

[Optimistic Nut]

Nothing wrong with an opening bid like that in the current climate if they feel they’re the only realistic option to Ashley now.

[Guest reefatoon]

£280m.

 

Doubt they've got £280.

 

They will just flog a few hundred of their jets. Sorted.

[loki679]

Nothing wrong with an opening bid like that in the current climate if they feel they’re the only realistic option to Ashley now.

 

Or if they've got no intention of actually buying the club and are looking to drum up a bit of free publicity for their newly formed business.

 

It's Ashley's low-ball 'we tried' move all over again.

[jarralad]

If they are not willing to match the actual asking price then they are chancers.

[Joe_F]

A figure of £280m is the first thing about this lot that makes sense.

[Optimistic Nut]

You don’t put an offer for a house and offer the exact asking price. If they reckon they can get £10-20m off then obviously they’ll try.

[loki679]

You don’t put an offer for a house and offer the exact asking price. If they reckon they can get £10-20m off then obviously they’ll try.

 

Alright, let's see if they up the offer when Ashley tells them to fuck off.  I won't hold my breath.

[Shearergol]

This is probably the fakest of all of the fakeovers.

 

So let's assume for a minute that this "group" are real. Why would they be interested in purchasing the club? Football reasons? Brand?

 

It's all absolute bullshit to get their names in the media.

[loki679]

This is probably the fakest of all of the fakeovers.

 

So let's assume for a minute that this "group" are real. Why would they be interested in purchasing the club? Football reasons? Brand?

 

It's all absolute bullshit to get their names in the media.

[Tiresias]

You don’t put an offer for a house and offer the exact asking price. If they reckon they can get £10-20m off then obviously they’ll try.

 

Oh nothing unreasonable about bidding with a lower figure, it's just ashley, he is likely to put the price up every time you underbid etc etc

 

The thing is he is probably quite happy with the reputation he has built of being a nightmare to deal with, except now it comes back to bite him as he probably has driven a way a lot of potential buyers on reputation who just don't want to deal with his bs.

[ED209]

You don’t put an offer for a house and offer the exact asking price. If they reckon they can get £10-20m off then obviously they’ll try.

 

Sometimes you do. I offered asking on mine without even viewing it, someone offered over asking but I was in a better position to proceed.

 

 

(I had viewed 2 years earlier though and failed with an initial asking price offer then)

[loki679]

Look on the bright side, if they do succeed then at least we'll have some new people to try and hound out after a couple of disappointing seasons of nothing.

[1964]

Yeah this sounds legit to me

 

Downie has just said that his u derstanding is that if the bid is rejected they will come back in with a bigger bid  :lol:

 

That my esteemed colleagues, is how to negotiate 

[Guest reefatoon]

Luke Edwards' imaginary Henry Mauriss has to be the fakest of fakeovers. These weirdo's run that made up cunt close though.

[Sean]

What would be wrong with this takeover like?

 

Their entire online persona was created in the last 2 months and almost all of it was just written by themselves.

They claim to have 10,000 private jets. I work in aviation all around the world - they don't, I've never heard of them. The tweet claiming all these jets used shutterstock imagery rather than one of their supposed 10,000 private planes, seems they like I couldn't even find 1 of them.

The woman looks like she did at some point meet Obama at some function or other, but they've taken legitimate photos of her and him and photoshopped others in and into different locations.

 

It just screams "dodgy as fuck" and "publicity stunt". Clearly just a bunch of penniless chancers and by the looks of what they've done so far, borderline fraudsters. Or at the very least, fantacists.

 

Let people believe in the fraudsters man, stop being so negative. 

[loki679]

What would be wrong with this takeover like?

 

Their entire online persona was created in the last 2 months and almost all of it was just written by themselves.

They claim to have 10,000 private jets. I work in aviation all around the world - they don't, I've never heard of them. The tweet claiming all these jets used shutterstock imagery rather than one of their supposed 10,000 private planes, seems they like I couldn't even find 1 of them.

The woman looks like she did at some point meet Obama at some function or other, but they've taken legitimate photos of her and him and photoshopped others in and into different locations.

 

It just screams "dodgy as fuck" and "publicity stunt". Clearly just a bunch of penniless chancers and by the looks of what they've done so far, borderline fraudsters. Or at the very least, fantacists.

 

Let people believe in the fraudsters man, stop being so negative. 

 

Oi Oi, he's clocked there's a lass in charge

[LRD]

Google translate.

 

The Secret Worry of Singaporeans: Losing Hungerness——Interview with Luo's cousins ​​who made their way in China

From/ Lianhe Zaobao

Text/ Wu QingkangPhotography/ Long GuoxiongRelease / February 23, 2018 3:30 AM

 

Luo Milun (left) and Luo Erwei are cousins ​​and nephews of the late Luo Haocai, the former vice chairman of the Chinese People's Political Consultative Conference.

 

41-year-old Luo Erwei and 39-year-old Luo Milun are cousins. They joined hands to develop in China in the 1990s. The investment company they have opened has reached 5.3 billion yuan.

 

In China, they are marveling at the rapid development of China, and they are also worried about Singaporeans. Luo Erwei said: "The complacency of Singaporeans has become a stumbling block for us to stop; coupled with the fact that Singaporeans may have been comfortable for too long and have lost their hunger, this is a greater worry."

 

Luo Erwei and Luo Milun are also nephews of Luo Haocai, the former vice chairman of the Chinese People's Political Consultative Conference who has just passed away.

 

Luo Haocai, recognized as the pioneer and founder of modern Chinese administrative law, died in Beijing on February 12. The former vice chairman of the Chinese National Committee of the Chinese People's Political Consultative Conference was born in Singapore; the prosperous descendants of the Luo family not only opened their branches in Singapore, but also showed their commercial talents in China. Before going to Beijing to attend the funeral of his uncle, his two nephews Luo Erwei and Luo Milun, who were close to him, recalled his uncle and talked about the way of doing business in China for more than ten years.

 

Relationships are only used at critical moments

 

Luo Milun (right) and Luo Erwei (left) took a photo with Da Bo Luo Haocai. (Provided by interviewee)

 

There are high-ranking officials in China, and the common people's opinion is undoubtedly that having a backer to do things will be smooth sailing. Luo Haocai’s two nephews, Luo Erwei (41) and Luo Milun (39), do not deny it, but they emphasize the importance of going to the countryside and doing things in different countries according to local laws and customs. Use special relationships.

 

For example, Luo Erwei said: “We tried to encounter hooligans who came to destroy when we started a business in China. We chose to negotiate with each other to solve the problem on our own. There was no need to alarm a senior official about this trivial matter. But once I broke my middle finger accidentally. , Brought severed fingers to a hospital in Shanghai for help at four o’clock in the morning. The local medical staff ignored them and didn’t give first aid in time. I urgently called the uncle in Beijing, but the dean personally arrived within 45 minutes. I arrange the operation to connect the severed fingers. It is a very moment, and I will only use the relationship at such a critical time."

 

The two confessed that due to the high sensitivity of the Luo family's background, they are very low-key locally and even in Singapore, but even so, their business partners in China have long known their bottom line. Because of this, the two brothers must be extremely cautious in everything, not to make mistakes, and avoid appearing in social situations, so as not to cause gossip and drag down the family. Luo Mirren said: "I don't think our background has a great advantage in doing business in China. The most important thing about doing things is ability."

 

To a certain extent, this background may cause pressure for them. Luo Erwei believes that as long as you follow the rules, you don't have to worry. "The so-called one mountain has one high mountain. Others think we have a backing, but there are too many children of high-ranking cadres in China, and we are nothing.

 

Luo Erwei and his cousin Luo Milun, who used to hold senior positions at JPMorgan Chase, went to China in the 1990s to break into the world. The Chinese market is no stranger to them. The Luo family has been doing business in China for a long time, and is the largest automobile agent in Fujian Province, and also deals in real estate development. Although he worked hard in the financial industry in his early years, his cousins, who grew up together since childhood, were inclined to China very early. With the knowledge accumulated in the financial industry, they understand China's unlimited potential and it is a matter of time before China develops.

 

5.3 billion yuan investment company

 

Luo Mirren, who is also the talented son of Luo Hao, said frankly that it was not too late or too early for them to set foot in China. It was just right to avoid the unfamiliar place of life in the 1980s, and it was not until today that they entered the already crowded Chinese market.

 

Luo Milun, who graduated from Central China, Early China, and Cambridge University in the United Kingdom, worked at JPMorgan Chase for ten years, from London, New York, Hong Kong, to Singapore, often traveled to mainland China to raise funds for the listing of different companies, and accumulated financial Experience is very useful in China. He said: "My cousin Luo Erwei first came to China for many years. I have a better understanding of the local market. We all have a financial background. We are familiar with investment. After China joined the WTO in 2000, we saw a lot of business opportunities. Therefore, the establishment capital was about For the 10 million-dollar Dorr Group, our model is to buy shares in various promising companies, grow them steadily, and then sell them at an appropriate time."

 

The first pot of gold for the cousins ​​came from a real estate project in the development of western China. At that time, people were keen on residential projects, not very strong in the concept of commercial real estate. They talked about the project at a very low price and moved into the transformation operation. Luo Erwei revealed that later this project was listed in Singapore, with a return of more than 100 times, becoming their first pot of gold.

 

Over the years, the two cousins’ investment company capital has reached US$4 billion (approximately S$5.3 billion). They were once the world’s largest outdoor advertising company Focus Media, one of China’s largest bridal shops, and the new media company Meili Talk. The second largest shareholder of China, the investment amount is set at 10 million yuan, which is very impressive.

 

Luo Mirren said: "Our plan is to become the company's second largest shareholder before we can do anything. Facts have proved that our strategy in recent years is in line with China's five-year plan and national policies, such as the past few five years. The focus of the annual plan is on energy and real estate, and we will follow the general trend."

 

However, their investment has not been smooth sailing. For example, their investment in the Fields online supermarket ended in failure. They underestimated the logistics cost of food, coupled with problems with the management team, lost a lot.

 

In their investment field, the car is very important. Luo Erwei, who graduated from Santa Clara University in California and majored in English Literature, first entered the Chinese market 18 years ago. At first, he worked as a part-time job for the car rental company Hertz, and then returned to Asia to be stationed in Beijing to explore the Chinese market. After the Chinese market, he opened his own car agency. Later, they invested in the agency rights of Porsche, BMW, Ferrari, and Mini brands. They made a lot of profits, and they distributed in more than 20 major cities in China and acquired several car dealers at the same time.

 

Facts have proved that the Roche brothers have caught up with a golden age and are now one of the three largest BMW dealers in China; they have expanded this territory to Harbin and represented the Porsche brand in the local area.

 

Worry for Singaporeans

 

Luo Mirren (right) invited former British Prime Minister Cameron to attend a forum in China last year as the vice president of the China-Korea Youth Leaders Association. (Provided by interviewee)

 

China is growing stronger and the Luo brothers are fortunate to have the opportunity to board this huge ship sailing to the world. In the years when China has been in the world, they watched the rapid progress of China, and were amazed and worried for Singaporeans.

 

Luo Erwei said: "In the past, when we came to China, we would have a sense of superiority. We feel that we have a high education, speak English, and have a good living environment. Now the environment is very different. China has surpassed us in all aspects. Do you say that we are bilingual? In Chinese English There are more people who speak better than us, and Chinese are even better. We have lost the advantage we once had."

 

Luo Milun said frankly that when he set up a company in China, he only wanted to hire Singaporeans and felt that the cost of communication was low. However, in the past seven or eight years, Chinese people have made great strides in their learning ability. In an increasingly competitive environment, they have been forced to show amazing learning ability and soon surpassed Singaporeans. Luo Erwei said: "Singaporeans are getting more and more difficult to localize. They are used to being comfortable and can't afford to suffer. Now I don't want to invite Singaporeans at all. The complacency of Singaporeans has become the biggest stumbling block for us. Plus Singaporeans may be comfortable. It’s been too long to lose hunger. This is a greater worry."

 

Luo Mirren also lamented that there are still many Singaporeans who still feel great and still proud of not speaking Chinese. He frankly said that comparing China and Singapore, the differences in the way the people of the two countries deal with and deal with matters further highlights Singapore's disadvantage.

 

Luo Milun gave an example: "You ask Singapore children what they want to do when they grow up. Their answer is still what we used to hear before. They should be doctors, lawyers, or ministers. But the concept of Chinese children is very broad. , Their answer is to create products that can change the world."

 

This is China today.

 

Enter the mid-range medical beauty industry

 

In addition to the investment company formed in China, the two also entered the medical beauty industry in 2010, providing beauty and medical services to the mass market at low prices. Luo Mirren said: "We will start from Singapore to create an international Singapore brand. A few years ago, we acquired a PPP (Pimples Pores Pigmentation) laser clinic that was originally a luxury consumer project and turned it into a mid-range medical beauty. The concept project was promoted to consumers with a subversive concept. In order to have a brand new start, the company changed its name to Novu."

 

Xinfu has opened 20 stores locally and has more than 50 locations in various cities in China. South Korea, Vietnam, Kuala Lumpur and Jakarta have also opened stores. The latest location is Spain, and plans to open 2,000 stores in major cities around the world within five years stronghold.

 

This medical cosmetology project can take shape, mainly because they invested in an cosmetology medical machinery company in South Korea a few years ago and discovered that the cost of cosmetology and medical treatment mainly lies in machinery. So they acquired this beauty and medical machinery company, produced their own machinery and equipment, and "replicated" a large number of cheap beauty and medical services, from laser spot removal to face shaping, from slimming to whitening, which originally charged hundreds to thousands of yuan. Beauty services, under their brand-new business model, can be enjoyed for tens of yuan.

 

They invested 40 million yuan in this subversive cosmetic medical model, which was favored by Harvard University in the United States as a teaching material; and in 2016, they won the Yongan Fudan China Most Potential Enterprise Award, which is the first time a local company has won this award.

 

Establishment of the Luo Haocai Cambridge Scholarship

 

Luo Milun and Luo Erwei will be in Beijing tomorrow (February 24) to attend the high-level funeral of the big boss Luo Haocai. Speaking of the uncle and godfather, Luo Mirren revealed: "The Luo family has many members. Grandpa has three wives and each grandma has more than 10 children. The uncle is the eldest son of the grandma, and I am the youngest son of the grandma. The child, perhaps because of this, and the uncle has only daughters and no sons, so he was regarded as godson by the uncle."

 

Luo Mirren said that what his godfather admired most was that when he was only 17 years old at Huaqiao Middle School, he was imprisoned by the Singaporean colonial authorities for more than a year when he was a student in the struggle against British colonial rule, and he was deported after losing his birth certificate. , Went to China alone; with firm perseverance, stood up again and made brilliant achievements in law. "My godfather is very concerned about human rights issues, and he is also very concerned about the lives of overseas students. He actively creates conditions to attract them to return to China to start businesses and serve the country. This alone is very respected. He has taught me countless principles in life. Among them The most useful thing is that you have to be principled, as long as you think it’s right, don’t be afraid of doing it wrong."

 

When Luo Erwei first came to China more than ten years ago, he was also taken care of by his uncle. Many interactions between him and his uncle have been established since then. "Uncle treats people with public and private matters, and his status in China is so high that I am in awe. Uncle is the highest official in Fujian. Once we returned to our hometown with him, we were escorted by the armed police along the way. We are extremely honored to have such an elder. ."

 

Over the years, Luo Milun and Luo Erwei have achieved success in their careers, and they have not forgotten to give back to the society, paying particular attention to education. They have contributed a lot to Hope Primary School in China, building several schools, and planning to build several PCF (PAP Community Foundation, People's Action Party Community Foundation) kindergartens locally.

 

In order to commemorate the great scholar Luo Haocai, the Cambridge University scholarship they originally planned to establish this year will be named after the "Luo Haocai Cambridge Scholarship." Singapore student.

 

Luo Mirren said: "My godfather has devoted his life to law teaching and is very concerned about education. I am an alumnus of Cambridge University. The establishment of the'Luo Haocai Cambridge Scholarship' is the most appropriate and meaningful tribute to my godfather."

 

https://www.zaobao.com.sg/zlifestyle/powerup/story20180223-837312

[r0cafella]

LRD[/member]

 

Thoughts on this bid?

[xLiaaamx]

I feel Ashley will be back to seeing the club as a cash cow now and not particularly interested in getting rid of it.

[jdckelly]

I feel Ashley will be back to seeing the club as a cash cow now and not particularly interested in getting rid of it.

er how? No one has a clue when full crowds will be let back in so thats already a major drop in income and its not like any football club ever made enough money to cover loses like he's likely to get in his retail businesses. Sure theres the tv deal but thats in its last year in an uncertain market and dependent on actually staying in the league

[Robster]

Luke Edwards' imaginary Henry Mauriss has to be the fakest of fakeovers. These weirdo's run that made up cunt close though.

Was going to bid £ 350 million :lol:

[LRD]

LRD[/member]

 

Thoughts on this bid?

 

Still in the information-gathering stage. I have not heard of them even a week ago but they are in the top three mainstream media - ST, CNA in the past 2 days and Zaobao, the top local Chinese language newspaper two years ago. The latter mentions they wanted to maintain low profiles so that could be why we don't read much about them.

 

Avid sports fans, contributes to charities. But then Peter Lim is also that, and I hate for us to be another Valencia.

 

Currently at the "be careful what you wish for" stage. Even if I want Ashley out.

[Matt]

I feel Ashley will be back to seeing the club as a cash cow now and not particularly interested in getting rid of it.

 

Ashley has done many things in his time at NUFC, but using the club for a steady cash income has not been one of them.

[r0cafella]

LRD[/member]

 

Thoughts on this bid?

 

Still in the information-gathering stage. I have not heard of them even a week ago but they are in the top three mainstream media - ST, CNA in the past 2 days and Zaobao, the top local Chinese language newspaper two years ago. The latter mentions they wanted to maintain low profiles so that could be why we don't read much about them.

 

Avid sports fans, contributes to charities. But then Peter Lim is also that, and I hate for us to be another Valencia.

 

Currently at the "be careful what you wish for" stage. Even if I want Ashley out.

 

Thanks for sharing your thoughts

 

Despite the report in Zaobao I can’t help but be highly suspicious given the awful photoshops etc.

 

Thanks for sharing what you find.

[Consortium of one]

I sure hope they're legit.  The current trend in sports ownership is use the franchise as a vehicle to help with redeveloping the area around the venue.  I know the Reubens (and others) are looking at the Mets in that way.  Make the venue a destination place with restaurants, hotels, living space, light commercial space and other forms of entertainment.

 

I can't see Shearer as a manager but I can see any new owner bring retired players back as ambassadors to re-engage the club with the supporters.