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Extract from mail
BIHLs plan is to sell Blues off in tranches, probably over an 18-month to two-year period.
They are unable to jettison Blues in one fell swoop because of Hong Kong Stock Market regulations.
They would struggle to keep their stock exchange listing as Blues is the be-all and end-all for them. Without Blues, BIHL is no more than a shell.
They have to diversify their business and to do that they need cash a?? hence the desire to sell an initial 25 per cent of Blues.
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2 years of uncertainty to keep the Hong Kong stock exchange happy , what a shambles
Hall Of Fame
Maybe not the way we'd have liked it to have gone eh, however if we hadn't been the target of this bunch of disorganised cowboys and had been bought by people who were profitable and well respected on the HKSE, we'd have been happy enough with the rules.
Pragmatically-if this is the way it has to be then...
KRO
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Good analogy Bolty..
"We are all just prisoners here, of our own device"
Rip 'em off...Sew 'em back on..Rip 'em off...Sew 'em back on..Rip 'em off...Sew 'em back on..Rip 'em off...
Hall Of Fame
At the risk of continuing quoting from one of The Worst Songs Of All Time so "they stab it with their steely knives but they just can't kill the beast"?
Doesn't sound too good does it but then we were victims of "be careful what you wish for as you just might get it" last time the club was sold so hopefully this staged process will lead to a period of greater stability; however it doesn't sound too promising in respect of the provision of funds for new players...
"May you live in interesting times"
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