Deutsch Wolf
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- Joined
- Oct 16, 2009
- Messages
- 109,182
- Reaction score
- 35,247
Yeah, I voted for that one. Raul vs Spurs was close though.
The club hasn't acknowledged the first oneAny news on Traore's further Covid test?
The club hasn't acknowledged the first one
What does this mean for us and Fosun?The Premier League confirms that it has today terminated its agreements for #PL coverage in China with its licensee in that territory.
The #PL will not be commenting further on the matter at this stage.
That their plan to make Wolves huge in China has been hit massively.
back to concentrating on Mexico then...
Whoever had the deal didn't pay the installment required this year so deal binned. Not sure if the Chinese Government control that or not but things between USA/UK & China are bit narky at the moment. I would expect a new deal in place in the next 12 months or so. Especially if the USA bin their Wotsit in Chief and then our PM will follow whatever the new President does and we will stop accusing of them of being dodgy.
Stopped paying it around the time the UK Government pulled Huawei from 5G.
Its worrying this I've read a lot from people who've done business in China/with Chinese companies etc and it seems the state influence/almost control over businesses (included Fosun) is massive.
Fosun are bit street smart and the majority of their money is kept out of China. A lot of companies/individuals have seen the Government freeze bank accounts but it would be small % of their money taken if they did that to Fosun. The big boss man might vanish again but he seems pally with the Government at the moment and investing in areas they are happy with and within China as well.
Thats my worry if they're ONLY investing in areas the Chinese government are happy with.
Would go some way to explain a lot of massive plans suddenly being stopped/scaled back. From redevelopment of the ground (remember how big they were talking) to players, hell to even replacing directors!