Quote Originally Posted by SBRed48 View Post
Av read at least four different versions by different BBS experts on the present Board/ Ownership situation so clearly no one really knows but I am increasingly optimistic the Conway era is coming to an end.
I am drawn towards the explanation posted by Jay on BBS though that might be because it is easy to understand.

If anyone has the IT skills and time to post it on here it does make interesting reading. Thank you in advance. The thread is called "A synopsis in laymans terms" Post 1
There's also significant evidence discovered by Jay that Conway , Lee and Hung haven't the wealth that has been publicised .

Lee appears to have a number of shell companies with no business taking place and no employees .

These shell companies appear to be simply PO boxes and not even actual offices .

This would tie in with the shareholders we don't know about but fronted by PMG and Chien Lee .

In other words they have possibly used other peoples money with the majority of their football club purchases .

The money that was made at OGC Nice around €40m was possibly paid out to invisible shareholders who put the money up to purchase the club initially .

Lee and PMG would have collected a percentage of that but not the whole lot I'd imagine .

That one went well for them , not good for OGC Nice mind but none the less for them personally money was made and the scheme successful .

Clearly with that on their cv other investors were confident enough to hand over further money when they were sniffing around this club and possibly their other ventures in Europe .

Except it's gone massively downhill this season not only here but at a number of their other clubs .

The mask seems to be slipping and I think we are very fortunate to have got rid of them from the decision making .

I'll be even happier when they are aren't fronting any invisible shareholders what so ever .