Does any one realy have any idea of who is taking us over how rich are they | Page 2 | Vital Football

Does any one realy have any idea of who is taking us over how rich are they

Yunfeng Capital and a chap called Jack Ma is one of the men behind this lot, Choi Chiu Fai and IEC is the front man of the consortium.
 
Last edited:
Yunfeng Capital and a chap called Jack Ma is the man behind this lot, Choi Chiu Fai is the front man of the operation.
Jack Ma is one of the richest men in China according to what I’ve just read - surely not? Are his kids secret Latics fans? Maybe he likes our rags to riches story?
 
Jack Ma is one of the richest men in China according to what I’ve just read - surely not? Are his kids secret Latics fans? Maybe he likes our rags to riches story?

Swindon I apologise, I should have said 'ONE' of the men behind it, I have edited the wording now.
 
Swindon I apologise, I should have said 'ONE' of the men behind it, I have edited the wording now.
Even so, still pretty impressive. You do have to wonder why Wigan. They are not going to get involved in us unless they have plans to do something extra ordinary. Exciting
 
Another thread on the same subject ... deary me.

However .....

International Entertainment Corporation (the “Company”) is a public company incorporated in the Cayman Islands as an exempted company with limited liability under the Companies Law, Cap 22 of the Cayman Islands and its issued shares have been listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) since 27 September 2010. The registered office of the Company is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands.
The Company is an investment holding company. During the period, the Company and its subsidiaries (collectively referred to as the “Group”) were principally involved in hotel operations and leasing of properties for casino and ancillary leisure and entertainment operations at the hotel complex of the Group in Metro Manila in the
Republic of the Philippines (the “Philippines”).

In the opinion of the Directors, the holding company of the Company is Brighten Path Limited, which is incorporated in the British Virgin Islands, and the ultimate holding company of the Company is Head and Shoulders Direct Investment Limited.

http://www.hnsfg.com/en/professional_team.php
 
Last edited:
Another thread on the same subject ... deary me.

However .....

International Entertainment Corporation (the “Company”) is a public company incorporated in the Cayman Islands as an exempted company with limited liability under the Companies Law, Cap 22 of the Cayman Islands and its issued shares have been listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) since 27 September 2010. The registered office of the Company is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands.
The Company is an investment holding company. During the period, the Company and its subsidiaries (collectively referred to as the “Group”) were principally involved in hotel operations and leasing of properties for casino and ancillary leisure and entertainment operations at the hotel complex of the Group in Metro Manila in the
Republic of the Philippines (the “Philippines”).

In the opinion of the Directors, the holding company of the Company is Brighten Path Limited, which is incorporated in the British Virgin Islands, and the ultimate holding company of the Company is Head and Shoulders Direct Investment Limited.

http://www.hnsfg.com/en/professional_team.php
Yes have read that before. Probably from one of the many threads on this subject ?. I like LMB’s link to Jack more though
 
Also, one of the four non executive directors who are on the board of IEC, Mr Sun Jiong works for Jack Ma’s Ali Baba group.
 
would the rugby owner have a say on it as he is on the fa

I wouldn't think Lennigan would have any direct involvement, the ratification process will likely be handled by a team of auditors / solicitors independent of the EFL Chairman - to avoid any potential conflict of interest.
 
To VAT 69:
A consortium is made up of 2 or more; any more names as well as Dr. Choi Chiu Fai Stanley? Whom, by the way, is not the 8th wealthiest man in China.

To Studds40:
IEC is NOT part of a large investment company. They are a single entity plc listed on the HKEX no 1009. They're presently trading around 19-20 pence (UK) and provides no dividends. The 'Hong Kong Bulls' have recently dropped IEC from their 'buy' list for potential growth. That's the reality!

Dr Choi is the chairman of IEC and is a talented and renowned businessman in the 'mergers and acquisitions' field. He is also a poker champion and plays in competitions for prize money only. He is not, as some would have us believe - a gambler or a card sharp.


So what your saying is we are being taken over by a bunch of guys who have very little money, sounds a good plan, I'm sure Mr Whelan must have thought I'll shaft those miserable buggers who support the club.
 
To VAT 69:
A consortium is made up of 2 or more; any more names as well as Dr. Choi Chiu Fai Stanley? Whom, by the way, is not the 8th wealthiest man in China.

To Studds40:
IEC is NOT part of a large investment company. They are a single entity plc listed on the HKEX no 1009. They're presently trading around 19-20 pence (UK) and provides no dividends. The 'Hong Kong Bulls' have recently dropped IEC from their 'buy' list for potential growth. That's the reality!

Dr Choi is the chairman of IEC and is a talented and renowned businessman in the 'mergers and acquisitions' field. He is also a poker champion and plays in competitions for prize money only. He is not, as some would have us believe - a gambler or a card sharp.
Not a gambler?

He staked 6 million on a poker game.

I'd say he is a gambler.

Being honest, I don't care who or what the new owners are, as long as they back Cook and give him 60 million to play with. Fact is, we need strengthening and the money to do so.
 
You need to have a certain level of money to run a football club, assuming the people coming in have that I am more concerned with them running us sensibly than how much they are willing to pump in. Clubs have shown that you don't need spend fortunes and can finish ahead of the big spenders if your recruitment is smart enough and you have a good manager. I think we have the manager and looking at the list of potential free's we could have there are lots of good lads we could get without busting the bank.

Any heavy spending in the short term is exciting and if it gets you straight up to the Prem it's recouped. But if it doesn't get you up it could become a growing debt against the club and we've done so well to ensure that our finances are under control I wouldn't want to throw that away. I'm hoping the new owners will continue a pragmatic approach of building us up over time rather than almost go for 'death or glory' approach of high risk / high reward.
 
[QUOTE="FrancosLoveChild, post: 1429194, member: 10730"
Dr Stanley is not a poker player? Mixed up with names maybe? Could be wrong though.[/QUOTE]

I think you are wrong Franco, based on the article below - then again I could be wrong and so could the journalist :grinning:

"A company run by Hong kong financier, M & A specialist and professional poker player Stanley Choi Chiu Fai has acquired a majority stake of International Entertainment Corp"

https://gamblingcompliance.com/prem...p-stanley-choi-takes-over-manila-casino-hotel

I also think the photo of the bloke on the IEC website and the photo of the bloke who won the Macau Super high roller event look very similar (please no one reply with the obvious !)

https://www.cardplayer.com/poker-ne...illion-in-macau-super-high-roller-poker-event
 
Yunfeng Capital and a chap called Jack Ma is one of the men behind this lot, Choi Chiu Fai and IEC is the front man of the consortium.

If this guy is the boss we should be ok lol


Jack Ma
Chinese business magnate
Ma Yun, known professionally as Jack Ma, is a Chinese business magnate, investor, and philanthropist. He is the co-founder and executive chairman of Alibaba Group, a multinational technology conglomerate. Wikipedia

Born: 10 September 1964 (age 53 years), Hangzhou, China
Net worth: 41.7 billion USD (2018) Forbes
 
If this guy is the boss we should be ok lol


Jack Ma
Chinese business magnate
Ma Yun, known professionally as Jack Ma, is a Chinese business magnate, investor, and philanthropist. He is the co-founder and executive chairman of Alibaba Group, a multinational technology conglomerate. Wikipedia

Born: 10 September 1964 (age 53 years), Hangzhou, China
Net worth: 41.7 billion USD (2018) Forbes

Sadly Jack Ma has no connection to the buyers and if you read the IEC webpage it will tell you exactly who is involved with the company and its offshoots! Jack Ma defo not!
 
Sadly Jack Ma has no connection to the buyers and if you read the IEC webpage it will tell you exactly who is involved with the company and its offshoots! Jack Ma defo not!
Yunfeng Capital and a chap called Jack Ma is one of the men behind this lot, Choi Chiu Fai and IEC is the front man of the consortium.
Be interesting to see who the bull*hi**er is from these two posters. Sadly I feel exiled tic is the one correct. Jack Ma is one of the most influential (and rich) people on the planet. If he wanted to buy Latics, he’d do it himself rather than let some skint poker shark and his equally skint corporation take the lead. Doesn’t his own company own 50% of Guangzhou Evergrande in China? So why aren’t they (Ali Baba or Yungfen) the company officially buying Latics rather than these IEC chancers? I’d bloody love to be proved wrong though..
 
Dr Choi Fai Stanley and Stanley Choi are different people? Why are people getting them mixed up? Am I wrong?

I believe it's the same person.

C Latic is most likely correct when it comes to the likes of Jack Ma buying us - you'd think he would buy us via one of his own companies directly if he was involved. But with the amount of tax dodging, conflicting interests, people owning shares in multiple companies and the nature of companies being subsiduaries of larger companies - the name on the books may be IEC but there could be other parties involved behind the scenes.

We've not got a lot of info to go off but my guess would be the decision to buy the club doesn't begin and end with IEC but they are the entity used to purchase us on behalf of the wider business portfolio. But i'm not sure someone of the level of wealth and profile of Jack Ma would be part of that.