New owner confirmed…

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A City crying out for investment? Maybe they buy football clubs to also get there foot in the door so to speak with regards to property development, they touch on it in the article i linked
 
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Chien 'Dog' Lee is a worrying name, sounds like a Tarantino character..
Very clever that... a Nice pun with depth.
Chien is French for "dog".
He's after Seville FC...a city in Andalusia.
He probably owns a few Dali paintings.
Bunuel's famous film (with Dali's involvement) was called "Un Chien Andalou".

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City are just a stepping stone...he'll rename us "Hull Jackals" after our keeper's performance tonight:emoticon-0100-smile
Greatest (most fearless) bullfighter ever came from Andalusia ..."El Cordobes"...

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http://www.chinadailyasia.com/leaders/2016-06/27/content_15454598.html

Interesting read on the potential new owners

he owns 3700 hotels worldwide

Lets hope that if he does biybthe club, he goes about developing the ground/academy/locality properly by, y'know, actually offering money to the council for assets rather than demanding them.

Tbf, if this fellas lived in the states for 30 years he's probably dealt with bigger fish than HCC. I'd imagine they'll absolutely cream themselves at the prospect of a proper investor moving into the city. Bond St dept store into a budget hotel anyone?
 
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So we know that the Hong Kong/Chinese lot agreed to pay £130m.

HDM (or Burnsy, can't remember) at the weekend said that Chien Lee's consortium weren't prepared to go that high but were credible bidders.

Now Burnsy thinks Chien Lee's consortium are the preferred bidders.

Assuming all of those understandings are correct, how do they become 'preferred' if they aren't offering the silly money that the HK/Chinese lot are?
 
So we know that the Hong Kong/Chinese lot agreed to pay £130m.

HDM (or Burnsy, can't remember) at the weekend said that Chien Lee's consortium weren't prepared to go that high but were credible bidders.

Now Burnsy thinks Chien Lee's consortium are the preferred bidders.

Assuming all of those understandings are correct, how do they become 'preferred' if they aren't offering the silly money that the HK/Chinese lot are?


Maybe its the value of the club that has dropped after recent results or its how and when the payments will be received
 
So we know that the Hong Kong/Chinese lot agreed to pay £130m.

HDM (or Burnsy, can't remember) at the weekend said that Chien Lee's consortium weren't prepared to go that high but were credible bidders.

Now Burnsy thinks Chien Lee's consortium are the preferred bidders.

Assuming all of those understandings are correct, how do they become 'preferred' if they aren't offering the silly money that the HK/Chinese lot are?

Probably because they've been convinced to keep 'boy wonder' on in some capacity...
 
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So we know that the Hong Kong/Chinese lot agreed to pay £130m.

HDM (or Burnsy, can't remember) at the weekend said that Chien Lee's consortium weren't prepared to go that high but were credible bidders.

Now Burnsy thinks Chien Lee's consortium are the preferred bidders.

Assuming all of those understandings are correct, how do they become 'preferred' if they aren't offering the silly money that the HK/Chinese lot are?

The terms that the deal will be under could hold the key to that. I do not think that any of the bids are for full cash up front deals. Sometimes less is more. If for instance the Chien Lee offer includes some partnering in future developments, both here and abroad, would that be a better deal than simply selling for the highest price.