Aston Villa Forum - Is The Chinese Government Going To Ruin Villa's Plans?
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Is The Chinese Government Going To Ruin Villa's Plans?
05 September 2017 14:06 Post ID: #1712560
Youth Academy
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Is this the next crisis for Aston Villa or is there nothing to worry about? The Chinese Government are trying to stop the outflow of money

Click here to read the article

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05 September 2017 15:50 Post ID: #1712577 - in reply to #1712560
Are You Local?
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Its all too good to be true isn't it?

I think he showed his colours in this window

UFC for me forever by the looks of it, no heartbreak week in week out
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05 September 2017 16:09 Post ID: #1712581 - in reply to #1712560
A Wise Man (once sat next to him)
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Time will tell, would be nice to get it clarified. He answers some ridiculously inane questions on twitter, he's either missed or ducked this one though!
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05 September 2017 16:21 Post ID: #1712582 - in reply to #1712581
Vital Villa Legend
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There was something mentioned about this on WM last night . The feeling seemed to be that it wouldn't affect the people who had already invested , more new buyers. Can't say they had anything concrete to back it up.

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05 September 2017 16:36 Post ID: #1712583 - in reply to #1712582
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The article in The S*n doesn't really elaborate on HOW the Chinese government are curbing spending outside the Chinese economy - would be interesting to see what exactly they are doing. I know they have basically banned the lavish spending on foreign big-name players (Oscar was one of the last high-profile transfers into the Chinese Super League), but I've not seen anything else about money leaving the country.

The stated aims of the Chinese government were to improve the national team and make them more competitive at tournaments, but clubs took that as a green light to spunk millions on foreign talent (Oscar, Tevez, numerous others) in the hope their arrival would boost the Chinese league and the indigenous players. But it's not really worked out like that and the government got cold feet and added a 100% tax on these inflated transfers, causing clubs to abandon such ridiculous spending.

https://www.thenational.ae/sport/football/chinese-football-s-big-spe...

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05 September 2017 16:50 Post ID: #1712584 - in reply to #1712560
A Wise Man (once sat next to him)
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It was difficult buying the club waiting for the money clearance I seem to remember.

Looks like the buying of the film company is blocked according to the Millenium Films guy (but not according to Xia)

Time will tell I guess. It's a long way from the rumours these things were being backed by the Chinese Gov isn't it?!
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05 September 2017 17:01 Post ID: #1712585 - in reply to #1712584
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Ha ha yes, many thought the real buyers were the Chinese state, and Xia was just a frontman.

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05 September 2017 19:07 Post ID: #1712597 - in reply to #1712560
Vital Villa Legend
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The Chinese Government are trying to stop all money from leaving China or at least as much as possible.

Over the past twenty years and particularly the last ten, rich Chinese people have been on a buying spree around the world. Property has been one of the biggest markets for them. They have been buying up as much as possible to get their money out of China and away from the control of the Chinese Government. Remember it's only one generation ago that the Chinese Communist Party were seizing all private property and murdering people for being capitalist pigs.

These capital controls are going to have a huge impact on asset prices around the world from Sydney house prices to Peruvian mining stocks.

I'd imagine that Dr X is going to have a hard time throwing money at the Villa like the Chinese Abramovic we all hope he will be. It's also possible that he won't be able to provide any additional investment into Aston Villa because of the capital controls but I strongly doubt that Aston Villa is his only investment outside China.

The other thing is that laws are not hard and fast in China, especially for the connected. If Dr X has friends in high places, he'll be able to do as he sees fit, regardless of the capital controls.
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05 September 2017 19:08 Post ID: #1712598 - in reply to #1712560
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Not too worried, to be honest. Some clubs actually make a profit; why not us? The FFP restrictions have actually done us a favour in this transfer window; no more splashing out on high-cost signings. We have a good squad; time to get on and make use of it.

In the future we will hopefully have some young players who can form the core of the team, and if some of the best get lured by advances from the rich clubs at least we'll get the financial benefit.

(I sound more like Doug every day...)
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05 September 2017 20:51 Post ID: #1712602 - in reply to #1712598
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McParlandTheGreat - 5/9/2017 19:08

(I sound more like Doug every day...)




Still, if you end up with a Rolls Royce and the best parking spot outside Villa Park, you'll be ok.
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05 September 2017 21:25 Post ID: #1712608 - in reply to #1712560
Vital Villa Legend
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I don't think we have too much to worry about. As sirdennis said, I'm sure it's a case of not affecting people who have already invested.
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06 September 2017 00:09 Post ID: #1712626 - in reply to #1712560
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Or alternatively the Chinese Govt has noticed that their companies investing in West Mids clubs are unlikely to pay off anytime soon .... in other words they have seen the light
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06 September 2017 12:11 Post ID: #1712672 - in reply to #1712608
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Pride of Lions - 5/9/2017 21:25

I don't think we have too much to worry about. As sirdennis said, I'm sure it's a case of not affecting people who have already invested.





If its only affecting people who have already invested why is one owner trying to sell his shares.

http://www.birminghammail.co.uk/sport/football/football-news/west-m...
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06 September 2017 13:21 Post ID: #1712678 - in reply to #1712672
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hightrinity - 6/9/2017 21:11

Pride of Lions - 5/9/2017 21:25

I don't think we have too much to worry about. As sirdennis said, I'm sure it's a case of not affecting people who have already invested.





If its only affecting people who have already invested why is one owner trying to sell his shares.

http://www.birminghammail.co.uk/sport/football/football-news/west-m...


The Chinese government aren't looking for those who invested overseas to bring the money back home. They are trying to stop more money from leaving their economy. This means that the Chinese football club owners don't have to sell but they are going to find it hard to put more investment into their clubs.
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06 September 2017 13:31 Post ID: #1712680 - in reply to #1712560
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Then how are we going to buy other clubs.

Wyness spoke about Villa being in discussions with several teams abroad over purchasing them and building up Xia's own mini network of football clubs around the world.

http://www.astonvilla.vitalfootball.co.uk/article.asp?a=7523498
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06 September 2017 15:58 Post ID: #1712691 - in reply to #1712560
A Wise Man (once sat next to him)
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Yup, all a bit weird. But also, talks of all the big plans is nice but we've been here before, Doug was going to buy Batistuta according to him, he did no such thing. Randy was going to re-develop and make us a top team etc etc

Do it, don't tell us with words...
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06 September 2017 16:03 Post ID: #1712694 - in reply to #1712560
Vital Villa Legend
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I wondered if Wyness had already done the interview before the news came out about this Chinese news.
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