RoyalBlueSnowflake RoyalRoyalBlue
Not sure that's the case. But for all of 'the dirt' on Dai (and there's plenty of it), it's well worth following this guy on Twitter/X https://twitter.com/mikeygow/status/1746263168840552952
It seems Dai likes to help ex-offenders and in 2013 hired a guy to help him who had been sentenced in China to 6 years imprisonment for embezzlement!
Given all of this, it seems absolutely incredible that EFL decided that someone like Dai was suitable to own our (or indeed any other) club. Yet still some question how the EFL are at fault for the mess we find ourselves in!
Because they know what the rules are, and what the timeline was, mainly.
I'm not referring to FFP breaches, I'm talking about the fact that they approved his ownership in the first place, even though EPL had rejected him and there were already red flags raised about the way he conducted business. The bar for ownership may have been set extremely low at the time but that bar was set by the EFL.
The owners test is simply - does he have enough money, and can show he does. Does he have any disqualifying conditions? That's it - it is a check to ensure the person taking over can run the club at the time of the takeover - it does not offer any ongoing check that they are suitable 7 years later - that is the failure. Ownership checks should be ongoing.