suewhistle Posted 14 May, 2019 Share Posted 14 May, 2019 I dont get the squirrel stuff Look at the picture in the thread; 5 happy, smiling faces. At least I think the squirrel is smiling.. Anyway, perhaps the new company is one of those crowd sourced thingummyjigs, and being Chinese it was a big crowd? It all seems a bit odd. Presumably if they are going to do a proper launch it will be after the European finals? I've heard that the Chinese government has some strategic aims with regard to football, but this all seems a bit amateurish. Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 Remember when everyone shot ericb down, when he suggested that Mr Gao wasn’t interested in the club per say, but the surrounding area........ It’s one academic speculating about the deal -and frankly his theory is bit of a reach. Link to comment Share on other sites More sharing options...
benjii Posted 14 May, 2019 Share Posted 14 May, 2019 Remember when everyone shot ericb down, when he suggested that Mr Gao wasn’t interested in the club per say, but the surrounding area........ If that's true then it's not Mr. Gao that's interested and he is just a stooge. Link to comment Share on other sites More sharing options...
benjii Posted 14 May, 2019 Share Posted 14 May, 2019 (edited) And if was part of a state initiative then he wouldn't have struggled to cobble together the purchase money. Unless he has come under state influence since the deal was first done. Edited 14 May, 2019 by benjii Link to comment Share on other sites More sharing options...
Danbert Posted 14 May, 2019 Share Posted 14 May, 2019 https://www.scmp.com/sport/football/article/3010161/premier-league-southampton-sign-record-shirt-deal-ld-sports-who-are Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 (edited) And if was part of a state initiative then he wouldn't have struggled to cobble together the purchase money. Unless he has come under state influence since the deal was first done. Indeed and that’s why he had to resort to elaborate offshore and presumably expensive financing arrangements to fund the purchase of the club. Even if the purchase is state-funded -no doubt of interest to PL authorities- and we accept Chadwick’s theory for the sponsorship deal, it doesn’t really lend support to those who believe its about getting a foothold in the infrastructure market (again no explanation why you need to buy a football club to do so - just ask Huawei). Rather Chadwick is speculating that something else is going on here, that sponsorship is ultimately about gaining control of PL and media distribution rights. Then again, Chadwick has taken the OS description of LD sports at face value and hasn’t interrogated the company’s absolute s**tshow of a backstory on its now defunct Chinese site. Edited 14 May, 2019 by shurlock Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 This deal is awesome. We now have a dodgy, invisible Chinese sponsor to add to a dodgy, invisible Chinese owner. Good thing we don't have all our eggs in one basket when it all goes tits up. I am in China at present and this makes great conversation. Nobody here has ever heard of the aforementioned dodgy owner and he is as big a nobody in his home country as he is in Southampton. A quick search on the Chinese internet yielded quite a few smirks from those doing the searching. The squirrel is our big summer replacement for Charlie Austin. Cabbage_Face = ITK Link to comment Share on other sites More sharing options...
Raging Bull Posted 14 May, 2019 Share Posted 14 May, 2019 All very muddying, I think what's best for everybody here is we shoot the squirrel and take it out of the equation. Feck me, don’t do that you’ll have Chris bloody Packham all over us like a tramp on a chip Link to comment Share on other sites More sharing options...
hypochondriac Posted 14 May, 2019 Share Posted 14 May, 2019 This has shades of lls, Saint David and helpmerhonda. Link to comment Share on other sites More sharing options...
hypochondriac Posted 14 May, 2019 Share Posted 14 May, 2019 Just imagine for a second that we do actually spend a load more money net this summer than we have previously. I predict now that you'll get a load of people on here saying how great it is but the reality is that it will be another sign that something dodgy is going on here and ultimately its going to be detrimental to the club I love. Link to comment Share on other sites More sharing options...
Wurzel Posted 14 May, 2019 Share Posted 14 May, 2019 My source at Under Armour tells me that thy have been asked to make some of the new kit shirts to fit an 8ft squirrel. Looks like Sammy Saint & Cos days could be numbered Link to comment Share on other sites More sharing options...
charliemiller Posted 14 May, 2019 Share Posted 14 May, 2019 And if was part of a state initiative then he wouldn't have struggled to cobble together the purchase money. Unless he has come under state influence since the deal was first done. He has .....the state has bought a controlling share of lander Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 He has .....the state has bought a controlling share of lander Not according to the club. They’re claiming that the club is funded by the Gao family’s own private wealth. Link to comment Share on other sites More sharing options...
Manuel Posted 14 May, 2019 Share Posted 14 May, 2019 Dude, the Chinaman is not the issue here. Link to comment Share on other sites More sharing options...
hypochondriac Posted 14 May, 2019 Share Posted 14 May, 2019 Not according to the club. They’re claiming that the club is funded by the Gao family’s own private wealth.Yeah but it's a bit suspicious that this happens after all the lander dodgy dealings. Link to comment Share on other sites More sharing options...
trousers Posted 14 May, 2019 Share Posted 14 May, 2019 Remember when everyone shot ericb down, when he suggested that Mr Gao wasn’t interested in the club per say, but the surrounding area........ "everyone"...? Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 Dude, the Chinaman is not the issue here. Asian American please Link to comment Share on other sites More sharing options...
ericb Posted 14 May, 2019 Share Posted 14 May, 2019 If that's true then it's not Mr. Gao that's interested and he is just a stooge. Who says Gao is sticking around? Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 14 May, 2019 Share Posted 14 May, 2019 Ralph Kreuger was nobody's fool and is morally upright, he has just jumped ship. Now that's what you call a co-incidence. Link to comment Share on other sites More sharing options...
trousers Posted 14 May, 2019 Share Posted 14 May, 2019 Who says Gao is sticking around? Link to comment Share on other sites More sharing options...
SKD Posted 14 May, 2019 Share Posted 14 May, 2019 Out of interest and probably ignorance, is state ownership 1 - against PL / FL rules? 2 - a bad thing? Surely they’d want to keep the club in the PL for maximum exposure and would have more funds than a Gao? Link to comment Share on other sites More sharing options...
benjii Posted 14 May, 2019 Share Posted 14 May, 2019 Who says Gao is sticking around? Who says he isn't? Have you got something to say? Link to comment Share on other sites More sharing options...
benjii Posted 14 May, 2019 Share Posted 14 May, 2019 Out of interest and probably ignorance, is state ownership 1 - against PL / FL rules? 2 - a bad thing? Surely they’d want to keep the club in the PL for maximum exposure and would have more funds than a Gao? Depends what you think a football club should be, I guess. But either way, the lack of transparency, the weird websites, the silence over strategy, the initial failing of the owner's test.... Imagine if Ralph hadn't worked out and we'd been relegated. The club would be in an absolutely awful mess and these issues would be in the spotlight. Just because we got a manager who worked well doesn't mean these concerns aren't valid. Link to comment Share on other sites More sharing options...
ericb Posted 14 May, 2019 Share Posted 14 May, 2019 Who says he isn't? Have you got something to say? Not on here no, but the people i know in real life know what i'm on about. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 14 May, 2019 Share Posted 14 May, 2019 Who says Gao is sticking around? You can't just leave us hanging with that! Link to comment Share on other sites More sharing options...
benjii Posted 14 May, 2019 Share Posted 14 May, 2019 Not on here no, but the people i know in real life know what i'm on about. That's nice. Link to comment Share on other sites More sharing options...
hypochondriac Posted 14 May, 2019 Share Posted 14 May, 2019 Not on here no, but the people i know in real life know what i'm on about.Say no more! Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 Out of interest and probably ignorance, is state ownership 1 - against PL / FL rules? 2 - a bad thing? Surely they’d want to keep the club in the PL for maximum exposure and would have more funds than a Gao? Leaving aside the fact that the club forcefully denies these links, let’s remember that the lander stake was sold to a state agency at the municipal or city-level, Chengdu State Assets Administration Commission. Of course, China being China, Chengdu’s economy is big but it shouldn’t been confused with the Chinese state as a whole, not least as local government in China has always enjoyed a significant amount of autonomy. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 14 May, 2019 Share Posted 14 May, 2019 Who says Gao is sticking around? Not on here no, but the people i know in real life know what i'm on about. Is this linked to manji’s post about there being a boardroom shakeup that Ralph is onboard with? Link to comment Share on other sites More sharing options...
charliemiller Posted 14 May, 2019 Share Posted 14 May, 2019 Not according to the club. They’re claiming that the club is funded by the Gao family’s own private wealth. Would be interesting to know in what entity the 200m to mcquarrie bank is written up to ....lander or Mr Gao ? I suspect its Lander and not nellie and daddy Link to comment Share on other sites More sharing options...
Unbelievable Jeff Posted 14 May, 2019 Share Posted 14 May, 2019 Leaving aside the fact that the club forcefully denies these links, let’s remember that the lander stake was sold to a state agency at the municipal or city-level, Chengdu State Assets Administration Commission. Of course, China being China, Chengdu’s economy is big but it shouldn’t been confused with the Chinese state as a whole, not least as local government in China has always enjoyed a significant amount of autonomy. How does the tax system work over there in relation to where finances for local Government comes from? If they have decent autonomy I assume they tax residents themselves in the same way we would with council Tax, rather than paying into states and handouts to the provinces? Link to comment Share on other sites More sharing options...
S-Clarke Posted 14 May, 2019 Share Posted 14 May, 2019 I'm with the people who are asking questions here. We have an owner who has never said a thing, we have no idea what his intentions are. We now have a new shirt sponsor, supposedly the biggest sponsorship in our history, by a company who is from China, yet to exist, and has links to Gao. It absolutely reeks and stinks and I hate it, I’ve hated Gao being in charge from the day it was announced as it stunk even whilst they were negotiating. This has probably made my mind up about renewal to be honest. Link to comment Share on other sites More sharing options...
shurlock Posted 14 May, 2019 Share Posted 14 May, 2019 (edited) How does the tax system work over there in relation to where finances for local Government comes from? If they have decent autonomy I assume they tax residents themselves in the same way we would with council Tax, rather than paying into states and handouts to the provinces? The big problem in China is that tax revenue is far more centralised than spending. Local government collects about 60% of total taxes (though it has very little say over how the base or rate is defined or set). By contrast, local government accounts for roughly 85% of general government budgetary spending -everything from health and education to the public pension system and unemployment insurance which is virtually unique in the world. Many local governments are therefore reliant on transfers from central government which can be highly unpredictable and politicised. Not surprisingly many have significant deficits -and have turned to various activities -offbudget borrowing, speculative investment and predatory taxation etc- to finance their spending. Unless there’s real fiscal reform in China to address these imbalances, some of this will likely end in tears. Edited 14 May, 2019 by shurlock Link to comment Share on other sites More sharing options...
saints1988 Posted 14 May, 2019 Share Posted 14 May, 2019 I'm with the people who are asking questions here. We have an owner who has never said a thing, we have no idea what his intentions are. We now have a new shirt sponsor, supposedly the biggest sponsorship in our history, by a company who is from China, yet to exist, and has links to Gao. It absolutely reeks and stinks and I hate it, I’ve hated Gao being in charge from the day it was announced as it stunk even whilst they were negotiating. This has probably made my mind up about renewal to be honest. This has had the exact same effect on me with my renewal. Who the hell is our money going to right now? Link to comment Share on other sites More sharing options...
K,Billy's supersound Posted 14 May, 2019 Share Posted 14 May, 2019 Dude, the Chinaman is not the issue here. Best post on this entire site in the past month. Link to comment Share on other sites More sharing options...
Micky Posted 14 May, 2019 Share Posted 14 May, 2019 "everyone"...?"Someone" is probably closer to the mark..... Sent from my SM-T580 using Tapatalk Link to comment Share on other sites More sharing options...
SuperSAINT Posted 14 May, 2019 Share Posted 14 May, 2019 I'm with the people who are asking questions here. We have an owner who has never said a thing, we have no idea what his intentions are. We now have a new shirt sponsor, supposedly the biggest sponsorship in our history, by a company who is from China, yet to exist, and has links to Gao. It absolutely reeks and stinks and I hate it, I’ve hated Gao being in charge from the day it was announced as it stunk even whilst they were negotiating. This has probably made my mind up about renewal to be honest. The problem, even back then, was there was hardly good intel on him either. It was all slightly murky & hasn’t ever stopped. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 14 May, 2019 Share Posted 14 May, 2019 (edited) * Double post What’s the delay with all the really delayed double posts? I’ve seen a few recently. Edited 14 May, 2019 by SuperSAINT Link to comment Share on other sites More sharing options...
maysie Posted 14 May, 2019 Share Posted 14 May, 2019 I'm with the people who are asking questions here. We have an owner who has never said a thing, we have no idea what his intentions are. We now have a new shirt sponsor, supposedly the biggest sponsorship in our history, by a company who is from China, yet to exist, and has links to Gao. It absolutely reeks and stinks and I hate it, I’ve hated Gao being in charge from the day it was announced as it stunk even whilst they were negotiating. This has probably made my mind up about renewal to be honest. Link to comment Share on other sites More sharing options...
doggface Posted 14 May, 2019 Share Posted 14 May, 2019 The takeover seemed a bit shady from day 1, but how it has played out so far had calmed my nerves a little. However this sponsorship agreement brings my initial fears back and looks dodgy as **** tbh. It seems a few may know a bit more, but are keeping their cards close whilst carefully dropping hints. A lot of cloak & dagger. I understand keeping certain footballing topics like transfers etc. non-committal, but if there is something going on which threatens the future of the club then put your ******** on the table. I have been in the same situation in the past on 1 occasion and have zero regrets. Link to comment Share on other sites More sharing options...
verlaine1979 Posted 14 May, 2019 Share Posted 14 May, 2019 Remember when everyone shot ericb down, when he suggested that Mr Gao wasn’t interested in the club per say, but the surrounding area........ The port of Southampton isn't owned by anyone in Southampton. It's owned by a consortium that includes the Kuwait government and a Canadian pension fund, so buying the local football club is unlikely to be part of any sensible acquisition strategy. Link to comment Share on other sites More sharing options...
CB Fry Posted 14 May, 2019 Share Posted 14 May, 2019 Remember when everyone shot ericb down, when he suggested that Mr Gao wasn’t interested in the club per say, but the surrounding area........Yes, I do. What's happening to prove him right? If anyone wants to invest billions in property development in Southampton, they need to buy some land and then cosy up to the council. Buying local football club: utterly utterly irrelevant. Sent from my SM-G960F using Tapatalk Link to comment Share on other sites More sharing options...
angelman Posted 14 May, 2019 Share Posted 14 May, 2019 I've just handed over £1440 to a company who I don't really know who the owner is, nor who the backers are, nor what the intentions are. I know the product, but what standard I'll get is somewhat unknown. Link to comment Share on other sites More sharing options...
maysie Posted 14 May, 2019 Share Posted 14 May, 2019 I've just handed over £1440 to a company who I don't really know who the owner is, nor who the backers are, nor what the intentions are. I know the product, but what standard I'll get is somewhat unknown. I was obviously joking. TBH the standard is nearly always unknown. Link to comment Share on other sites More sharing options...
miserableoldgit Posted 14 May, 2019 Share Posted 14 May, 2019 I've just handed over £1440 to a company who I don't really know who the owner is, nor who the backers are, nor what the intentions are. I know the product, but what standard I'll get is somewhat unknown. isn`t this the same every season....you could to an extent, say this every time that there is a change in ownership. Link to comment Share on other sites More sharing options...
Guan 2.0 Posted 14 May, 2019 Share Posted 14 May, 2019 Friends, friends, what is the issue here? It all seems perfectly straightforward and above board to me. Any club worth its salt would come out and soothe any underlying misgivings ASAP. And our club is well run, yes? Also, I hear the five pledges will be listed on the front page when the website goes live, so there's always that. Link to comment Share on other sites More sharing options...
angelman Posted 14 May, 2019 Share Posted 14 May, 2019 isn`t this the same every season....you could to an extent, say this every time that there is a change in ownership. Of course, but usually there are some platitudes to hang on to, whether they turn out to be hollow or not. Link to comment Share on other sites More sharing options...
ericb Posted 14 May, 2019 Share Posted 14 May, 2019 Yes, I do. What's happening to prove him right? If anyone wants to invest billions in property development in Southampton, they need to buy some land and then cosy up to the council. Buying local football club: utterly utterly irrelevant. Sent from my SM-G960F using Tapatalk The council have turned the club down from buying land near the stadium and they were too slow getting in an application to buy the concrete works. Link to comment Share on other sites More sharing options...
S-Clarke Posted 14 May, 2019 Share Posted 14 May, 2019 Ah good old Kirk and his friend. Out of interest, are you content and happy with what's going on? I just feel slightly uneasy about shelling my money into what potentially looks like becoming some sort of financial vehicle. It’s all shady and has been since we first heard about the ‘potential’ takeover. Link to comment Share on other sites More sharing options...
CB Fry Posted 14 May, 2019 Share Posted 14 May, 2019 The council have turned the club down from buying land near the stadium and they were too slow getting in an application to buy the concrete works.So a completely pointless exercise. If all they wanted to a achieve is a failed attempt to buy some land in Southampton then they could have very easily done that without going through the whole rigmarole of buying the football club. Sent from my SM-G960F using Tapatalk Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now