HudWiganFan
Vital Reserves Team
Certainly an interesting development - would be fascinating to know whether this had been planned from the outset, or whether this is a reactionary move. Could be due to HK civil unrest, discontent from company shareholders and ‘the board’ or just a means of removing the club’s losses from IEC’s record as others have mentioned.
I think we should all be willing to give them the benefit of the doubt though, to be honest. It’s easy to forget that, despite the current negativity around the place, they did fund us pretty well in the summer window, and credit to them - we spent a lot more than most of us would have expected with no major sales.
They also seemed to be very shrewd and proper in their research and preparation prior to the takeover from their various statements, and one would imagine that this is something that had been planned from before the takeover even happened. Maybe it was simply easier to purchase the club as a holding company at the time, but the plan was always to offload us into the hands of Dr. Stanley and his mystery associates eventually.
In all likelihood, nothing much will change, but fingers crossed it A) allows Stanley to invest more of his own money into the club, and B) means he can sell off the remaining 49% stake to his (hopefully) very wealthy mates!
We’ll have to wait and see - doesn’t strike me as a bad thing though. It would be nice to hear from Dr. Stanley at some point about his plan and vision for the future (long shot, I know!) The only IEC rep. we ever heard from was Melvin Yan Min Zhang, who I’m fairly sure resigned from IEC soon after so it’d be good to receive an update of some kind from our Hong Kong overlords...
I think we should all be willing to give them the benefit of the doubt though, to be honest. It’s easy to forget that, despite the current negativity around the place, they did fund us pretty well in the summer window, and credit to them - we spent a lot more than most of us would have expected with no major sales.
They also seemed to be very shrewd and proper in their research and preparation prior to the takeover from their various statements, and one would imagine that this is something that had been planned from before the takeover even happened. Maybe it was simply easier to purchase the club as a holding company at the time, but the plan was always to offload us into the hands of Dr. Stanley and his mystery associates eventually.
In all likelihood, nothing much will change, but fingers crossed it A) allows Stanley to invest more of his own money into the club, and B) means he can sell off the remaining 49% stake to his (hopefully) very wealthy mates!
We’ll have to wait and see - doesn’t strike me as a bad thing though. It would be nice to hear from Dr. Stanley at some point about his plan and vision for the future (long shot, I know!) The only IEC rep. we ever heard from was Melvin Yan Min Zhang, who I’m fairly sure resigned from IEC soon after so it’d be good to receive an update of some kind from our Hong Kong overlords...