£20 loan secured against our ground

[WBA1955]

In a word we are f ucked. If we go up which is a long shot the money will go to pay off the loan, I don't believe it will be spent on the footballing side as promised. We will come straight back down.
If we don't go up we will lose all our best players and then our ground and training ground in a couple of years.
We have our own Bhatti brothers. But Wolves were already struggling when they took over. We were an established premier league team.
Despite years of being run prudently, not spending money and playing by the rules we find ourselves in this position.
What sort of due diligence did Peace do on this bloke? Peace in my book is the cause of all this yet some fans say they wish he would come back.
I don't think Lai was ever interested in the football club, we own all the land up to the footbridge. Run the club into the ground, sell it off, redevelop the area and walk away with a killing.
The only way to get rid of a parasite like this is to kill the patient to kill the disease.
It could mean we would have to start all over again from scratch...if we're lucky.

[baggieal]

In a word we are f ucked. If we go up which is a long shot the money will go to pay off the loan, I don't believe it will be spent on the footballing side as promised. We will come straight back down.
If we don't go up we will lose all our best players and then our ground and training ground in a couple of years.
We have our own Bhatti brothers. But Wolves were already struggling when they took over. We were an established premier league team.
Despite years of being run prudently, not spending money and playing by the rules we find ourselves in this position.
What sort of due diligence did Peace do on this bloke? Peace in my book is the cause of all this yet some fans say they wish he would come back.
I don't think Lai was ever interested in the football club, we own all the land up to the footbridge. Run the club into the ground, sell it off, redevelop the area and walk away with a killing.
The only way to get rid of a parasite like this is to kill the patient to kill the disease.
It could mean we would have to start all over again from scratch...if we're lucky.

100% Peace sold us down the river. Apart from the sky high price he received he took a huge salary too then consulting wages then left the loan. Peace must be laughing all the way to the bank!

Always crooks and shysters get away with running big businesses into the ground but if this were a plumber they would go after his house!

For sure the end game is extorting as much cash out of the club as possible and sending it bust! Why would Lai care!!!!

[boingy]

Can you imagine asking someone to look after the contents of your shed in the Midlands while you are on holiday and asking someone from China to keep an eye on it? Someone in China who has his own sheds to look after? He would have to REALLY REALLY love your shed.

[Dubbag]

Can you imagine asking someone to look after the contents of your shed in the Midlands while you are on holiday and asking someone from China to keep an eye on it? Someone in China who has his own sheds to look after? He would have to REALLY REALLY love your shed.

Or love the contents of your shed, so much that he wants to buy it.

[boingy]

Or love the contents of your shed, so much that he wants to buy it.

Yup.

[Albionic68]

Or love the contents of your shed, so much that he wants to buy it.

Well yeah, if the thread title's anything to go by the contents would probably be more expensive than the shed itself 😉 .

[kettering_baggie]

Well yeah, if the thread title's anything to go by the contents would probably be more expensive than the shed itself �� .

I’ve seen some expensive sheds in my time!