Illicit Pereira transfer ?

[Prando]

Fake news maybe ? Allegedly Dowling involved in an attempt to broker a deal avoiding tax.
Anyone read anything more substantial ?

[DaveP67 is back!]

Morning Prando, it’s in the Times so not some gutter rag!
A senior executive at West Bromwich Albion (Dowling) attempted to negotiate a £25 million transfer deal that would have broken Fifa regulations, avoided tax in China and possibly the UK, and enabled the English club’s Chinese majority shareholder and owner to keep some of the proceeds of the sale.
If this is true then surely the FA have to look into this which may mean a fine or points deduction! Sooner we rid the club of FOL the better!

[Prando]

Morning Prando, it’s in the Times so not some gutter rag!
A senior executive at West Bromwich Albion (Dowling) attempted to negotiate a £25 million transfer deal that would have broken Fifa regulations, avoided tax in China and possibly the UK, and enabled the English club’s Chinese majority shareholder and owner to keep some of the proceeds of the sale.
If this is true then surely the FA have to look into this which may mean a fine or points deduction! Sooner we rid the club of FOL the better!

Cheers DP buddy. (Just got back in and checking the comments)
I wonder whether the Dowling departure had anything to do with this story ?

[BaggieSingh]

Fake news maybe ? Allegedly Dowling involved in an attempt to broker a deal avoiding tax.
Anyone read anything more substantial ?

https://www.westbromnews.co.uk/2021/...ereira-report/

[mickd1961]

I’d suggest we’re in a whole heap of trouble with this.

There’s no way a reputable publication like The Times would be running this story without having the necessary proof.

This is what happens when you have amateurs like Drowning and the midget runt running the show.

You can wave goodby to 12 points and say hello to League One if this goes as I expect it will.

FOL😤

[WBA123]

I’d suggest we’re in a whole heap of trouble with this.

There’s no way a reputable publication like The Times would be running this story without having the necessary proof.

This is what happens when you have amateurs like Drowning and the midget runt running the show.

You can wave goodby to 12 points and say hello to League One if this goes as I expect it will.

FOL😤

Whilst this is absolutely not good news, and it appears Lai has been caught with his fingers in the till. I don't think we we will be in too much hot water - but I could be wrong.

It shouldn't mean a 12 point deduction for us as I always thought that was for clubs in administration. And we've been following FFP pretty rigorously in the last few years. In fact, if it is just avoidance of tax then lawyers are usually pretty good at arguing on that scenario. We might get away with a warning or small fine.

[WBA123]

Whilst this is absolutely not good news, and it appears Lai has been caught with his fingers in the till. I don't think we we will be in too much hot water - but I could be wrong.

It shouldn't mean a 12 point deduction for us as I always thought that was for clubs in administration. And we've been following FFP pretty rigorously in the last few years. In fact, if it is just avoidance of tax then lawyers are usually pretty good at arguing on that scenario. We might get away with a warning or small fine.

In fact, it doesn't relate to a transfer. This seems to just be a conversation so I don't see what anyone could sanction us with?

The real worry could be if anything untoward happened with other previous transfers. We sold Rondon to a club in China under Lai's watch...

[Albionic68]

I’d suggest we’re in a whole heap of trouble with this.

There’s no way a reputable publication like The Times would be running this story without having the necessary proof.

This is what happens when you have amateurs like Drowning and the midget runt running the show.

You can wave goodby to 12 points and say hello to League One if this goes as I expect it will.

FOL😤

A few thoughts.

I was surprised to read Lai and co had parted with circa £188,000,000 to buy the Albion from JP. I'd be genuinely stunned if he was stupid enough at any point to think he'd get the Pereira deal past the Chinese financial authorities.

The Rondon transfer is rumoured to be where the skeletons may lie but there's a paper trail to that in the club accounts and I would imagine FIFA's transfer regulations authority. As Jenkins was probably in situ I can't see he'd have turned a blind eye either.

The club have issued a statement to the effect they knew the story was going to break and they're taking legal advice. I guess we'll know what's what before too long......

[Leicesterbaggie]

How much more damage is this odious little man going to inflict on the reputation of our club? I obviously haven't been around for all of the years that this club has been established but this has got to be one of the darkest periods in the sixty odd years that I have been supporting the Albion. If this does go badly then surely there has to be a way for us to rid ourselves of this man. Just when you think that things can't get any worse, they do!

[viaductbaggies]

What about the China man we bought and never saw play something iffy there me thinks