Page 128 of 134 FirstFirst ... 2878118125126127128129130131 ... LastLast
Results 2,541 to 2,560 of 2667

Thread: The Suning Commerce Group

  1. #2541
    thatdude's Avatar
    Join Date
    18 Feb 10
    Posts
    16,563
    Thanked
    26,179 times

    United States

    10 years of FIF
    Quote Originally Posted by Strale View Post
    Suning owned streaming platform got its media-rights for the Premier League terminated, apparently due to missed payments.
    Not gonna lie this is pretty worrying when you couple it with them apparently not paying Jiangsu players salary.

  2. Thanks (3): Harpsabu, MVD, Strale

  3. #2542
    Strale's Avatar
    Join Date
    13 Jan 20
    Posts
    429
    Thanked
    374 times
    Fav. Player
    Eyjafjallajökul

    Serbia

    Marcotti commented how "Chinese football bubble is deflating". And as I see here that's the least sinister scenario.

  4. #2543
    BasedGodPunk's Avatar
    Join Date
    25 Jun 15
    Posts
    852
    Thanked
    829 times
    Fav. Player
    Godcini

    United States

    No worries guys, my dad was friends with Steve Ballmer 50 years ago one phone call and we'll be rich again

  5. Thanks (2): ADRossi, GenDire

  6. #2544

    Join Date
    30 Jul 13
    Posts
    893
    Thanked
    1,420 times
    Fav. Player
    Ronaldo

    Europe

    Quote Originally Posted by Strale View Post
    Suning owned streaming platform got its media-rights for the Premier League terminated, apparently due to missed payments.
    It was Suning who wanted to terminate the deal. They massively overpaid for the rights (12 times more than the previous deal).

  7. Thanks (4): ADRossi, IM21, Strale, Universe

  8. #2545
    ADRossi's Avatar
    Join Date
    17 Jul 10
    Posts
    12,427
    Thanked
    28,688 times
    Fav. Player
    Darmian

    Italy

    94 10 years of FIF
    That's the problem with these Chinese investors. You never actually know how much money they have, whereas it's easy to find the networth of the Glazer family.

  9. Thanks (1): MVD

  10. #2546
    CafeCordoba's Avatar
    Join Date
    07 Mar 04
    Posts
    26,824
    Thanked
    18,680 times
    Fav. Player
    Lautaro

    Finland

    39 10 years of FIF
    Quote Originally Posted by thatdude View Post
    Not gonna lie this is pretty worrying when you couple it with them apparently not paying Jiangsu players salary.
    I think that missed payments shit was more about them not willing to pay them because there was no football. It's all about the contract between the service and EPL. It got terminated totally because probably Suning wanted to lower the price of the deal. If there are no spectators and no one knows how long it will be like this, or how consistently spectators can be back, the product isn't as valuable.

    We need to remember, that deal was apparently like multiple times more than the previous one. So Suning wanted to tone down the price / spread the price to longer time. EPL didn't wanted to have any of that so contract terminated. It's interesting to see what kind of deal they can find now in this market.

    edit. Ah, Kev9Inter already told it was TWELVE times more than the previous one.

  11. Thanks (3): thatdude, Universe, _OC_

  12. #2547
    Harpsabu's Avatar
    Join Date
    19 Jun 11
    Posts
    5,693
    Thanked
    11,085 times
    Fav. Player
    Diego Milito

    Ireland

    Quote Originally Posted by CafeCordoba View Post
    I think that missed payments shit was more about them not willing to pay them because there was no football. It's all about the contract between the service and EPL. It got terminated totally because probably Suning wanted to lower the price of the deal. If there are no spectators and no one knows how long it will be like this, or how consistently spectators can be back, the product isn't as valuable.

    We need to remember, that deal was apparently like multiple times more than the previous one. So Suning wanted to tone down the price / spread the price to longer time. EPL didn't wanted to have any of that so contract terminated. It's interesting to see what kind of deal they can find now in this market.

    edit. Ah, Kev9Inter already told it was TWELVE times more than the previous one.
    The missed payment dates back to March, before the Premier league was cancelled for the year. Maybe they knew what was coming so refused. Plus wasn't it announced in China recently after the Huawei thing that China will stop broadcasting EPL etc as punishment?

  13. Thanks (1): MVD

  14. #2548
    _OC_'s Avatar
    Join Date
    28 Dec 12
    Posts
    1,230
    Thanked
    5,337 times
    Fav. Player
    Matrix

    Denmark

    96
    I've generally been a fan of most of the direction thus far, but big, big questions to be asked here.

    If Marotta isn't willing to fire Conte, and Suning aren't willing to force his hand or get him out as well, I'm not sure they are the right people to bring us forward. At least from a sporting perspective. They banked on the most prolific and well-known sporting director to guide them, which is understandable, but he's sitting with his thumb up his ass so his good buddy Conte won't yell at him for hurting his feelings. It's time to act.

    The financial argument never made sense to me, either. 24 million is a drop in the ocean for these guys.

  15. Thanks (3): delaurentis, Eddie, Universe

  16. #2549
    delaurentis's Avatar
    Join Date
    05 Dec 09
    Posts
    999
    Thanked
    973 times
    Fav. Player
    4,19,22,25

    Belgium

    Suning made the wrong choice by holding on to Conte, and now they must take the responsibility and pay Conte to leave.

  17. #2550
    Universe's Avatar
    Join Date
    27 Jan 09
    Posts
    24,253
    Thanked
    54,077 times
    Fav. Player
    Kolarov

    South Korea

    89 Forum Supporter 10 years of FIF Best Overall Poster Most Humorous Member Most Diverse Poster
    Quote Originally Posted by _OC_ View Post
    I've generally been a fan of most of the direction thus far, but big, big questions to be asked here.

    If Marotta isn't willing to fire Conte, and Suning aren't willing to force his hand or get him out as well, I'm not sure they are the right people to bring us forward. At least from a sporting perspective. They banked on the most prolific and well-known sporting director to guide them, which is understandable, but he's sitting with his thumb up his ass so his good buddy Conte won't yell at him for hurting his feelings. It's time to act.

    The financial argument never made sense to me, either. 24 million is a drop in the ocean for these guys.
    I am very curious to understand the REAL situation of our finances. Shit just isn't right at the moment.

    When Suning first came, they pumped us full of artificially inflated revenue from random sponsorships like that lvmama shit. However, in the past 18 months or so, a lot of those sponsorships have ended and not been renewed. That has represented a pretty significant drop in our revenue.

    In recent months there's been all this shit about Suning wages not being paid. There was some subsidiary or partner of Suning called PP Sports who bought the broadcast rights in China but then got sued because they didn't pay or something along those lines.

    Obviously Suning is a vastly more established and trustworthy financier than the likes of Kenny Huang and Yonghong Li, but even still, I'm skeptical about money from China in general. There's a lot of shell corporations, hidden liquidity and other shit going on over there and even legitimate businesses can get roped in sometimes - not that I'm suggesting Suning lost all their money in a scam deal or anything.

    The current COVID market really doesn't help either. Given the complicated situation, it's very difficult to ascertain the current financial status. Are we flat out broke? Very unlikely. Are we keeping a very close eye and strict hold on our finances? Undoubtedly. Are there external, non-Inter related issues potentially affecting Suning at the moment? I believe so. Beyond that, I don't feel confident saying much but it needs to be sorted ASAP. We can't operate as a club if there's any uncertainty regarding our motherfucking money.
    **I move away from the mic to breathe in

    ¯\_(ツ)_/¯

  18. #2551
    TheNetworkZ's Avatar
    Join Date
    13 Mar 12
    Posts
    6,533
    Thanked
    5,968 times
    Fav. Player
    The Bro

    Italy

    I'm sure they've been discussing options going forward, I'm not too worried on that front. My concern is our options will leave us completely fucked.

    Keeping Conte on for this season is the biggest mistake this club has made in a very long time imo, we're going to be paying (literally and figurately) for this mistake for years.
    "Moggi was just a grape in a vineyard of bullshit"

  19. #2552
    CafeCordoba's Avatar
    Join Date
    07 Mar 04
    Posts
    26,824
    Thanked
    18,680 times
    Fav. Player
    Lautaro

    Finland

    39 10 years of FIF
    Quote Originally Posted by _OC_ View Post
    I've generally been a fan of most of the direction thus far, but big, big questions to be asked here.

    If Marotta isn't willing to fire Conte, and Suning aren't willing to force his hand or get him out as well, I'm not sure they are the right people to bring us forward. At least from a sporting perspective. They banked on the most prolific and well-known sporting director to guide them, which is understandable, but he's sitting with his thumb up his ass so his good buddy Conte won't yell at him for hurting his feelings. It's time to act.

    The financial argument never made sense to me, either. 24 million is a drop in the ocean for these guys.
    As far I know, Marotta and Ausilio wanted to send Conte away in the summer but Zhang decided it's not gonna happen. Given the lawyers were present in that meeting, we can calculate 1+1 and the contract termination was on the table. Probably it was too expensive for Zhang to eat such shit, that everyone decided we need to continue together.

    Probably Conte got some strict restrictions how to talk publicly. And here we are. With a coach who doesn't get much out of his very deep squad.

    And btw about the question are we broke? In Corriere they said that the club and the team agreed that monthly salaries of July and August will be paid in February. Apparently some kind of acute cash crisis at the club?

  20. #2553
    brehme1989's Avatar
    Join Date
    17 Jan 05
    Posts
    23,346
    Thanked
    20,766 times

    Greece

    10 years of FIF Most Serious Member Most Stubborn Poster
    It feels like the club is abandoned by their owners.
    <<Gli scudetti è giusto vincerli sul campo>> Antonio Conte on Calciopoli

    #ConteOut

  21. #2554

    Join Date
    11 Jul 14
    Posts
    519
    Thanked
    370 times

    Lebanon

    I won't be surprise if sunning ditch us in the end after this humiliation.

    Sent from my SM-N975F using Tapatalk

  22. #2555
    Il Drago's Avatar
    Join Date
    21 Dec 15
    Posts
    10,426
    Thanked
    26,020 times
    Fav. Player
    Wesley Sneijder

    Greece

    Best Football Poster
    Quote Originally Posted by brehme1989 View Post
    It feels like the club is abandoned by their owners.
    It really is. I don't even remember the last time Zhang senior was in Italy and even Zhang jnr visits are rare since the pandemic started and only happen on occasions he can't avoid. It feels like the club is in autopilot.
    #CONTEOUT

  23. Thanks (1): MVD

  24. #2556
    CafeCordoba's Avatar
    Join Date
    07 Mar 04
    Posts
    26,824
    Thanked
    18,680 times
    Fav. Player
    Lautaro

    Finland

    39 10 years of FIF
    Papa Zhang isn't expected to be in Italy to be honest. But Zhang junior definitely should be there right now. He should live in Milano and breathe the same air Inter and the fans breathe. Tweeting from China is total fucking bhenchod move and shouldn't be tolerated by the president. GET YOUR ASS BACK HERE.

  25. Thanks (1): GenDire

  26. #2557
    Adriano@10's Avatar
    Join Date
    22 May 04
    Posts
    7,645
    Thanked
    6,132 times
    Fav. Player
    Oba



    24 10 years of FIF
    I really could not care less if either of the Zhangs are here lets be honest here neither of them knows shit about football, we ve seen what happens when they get to involved (kia/Gabi/J mario/debore).

    Yes they probably still have to approve marotta firing Conte but they dont have to be in Italy for this.
    This whole shit show right now is on marotta Zanetti ausillio and the others who know football and are within the club. Their the ones running the club so why the fuck should Zhang fly from china to fix their mess( by the way he would not be able to do so).
    The only thing we really need Zhang for is to fire top mgm and to give the go ahead on Big decisions he does not need to be in Italy neither does his son.
    It s the job of marotta and co to make the best decisions and if zhang does not agree to persuade him....

    As of now it looks like our mgm is stil trying everything to keep this fucker here....
    Which matches do you feel more, those with Juventus or Milan?
    "With Milan, without doubt. And I don't like the Rossoneri fans either because they have a way of behaving, particularly when they win, that I don't appreciate."
    Javier Zanetti

    #Fuck Conte

  27. #2558
    CafeCordoba's Avatar
    Join Date
    07 Mar 04
    Posts
    26,824
    Thanked
    18,680 times
    Fav. Player
    Lautaro

    Finland

    39 10 years of FIF
    The president needs to be around. He's the top guy of the club. That's how it is, no matter if he makes decisions or not.

  28. #2559
    Adriano@10's Avatar
    Join Date
    22 May 04
    Posts
    7,645
    Thanked
    6,132 times
    Fav. Player
    Oba



    24 10 years of FIF
    Quote Originally Posted by CafeCordoba View Post
    The president needs to be around. He's the top guy of the club. That's how it is, no matter if he makes decisions or not.
    Yeah he has to be there because of the looks not because he can move anything. Theres too many succesful companies where the owner and Chair of the board is not involved in day to day business and is not in the same state country as his mgm yet the company runs smooth as fuck.

    Inter on the other hand we desperately need a chinese guy who has no clue of football to help us run a football club common now.
    These are all just shitty fucken excuses for the guys running this shit show not doing a thing now.
    They wanna fire conte fine give zhang a call.....
    Tell me what the presence of Zhang would change other than the whole image of the situation? Both Zhangs should only be yes or no men as in they cannot formulate a strategy for the club as they have no clue about football......
    So again do you need to be in milano to say yes or no to Beppe/Zanetti?ausillio and co?
    Which matches do you feel more, those with Juventus or Milan?
    "With Milan, without doubt. And I don't like the Rossoneri fans either because they have a way of behaving, particularly when they win, that I don't appreciate."
    Javier Zanetti

    #Fuck Conte

  29. #2560
    Il Drago's Avatar
    Join Date
    21 Dec 15
    Posts
    10,426
    Thanked
    26,020 times
    Fav. Player
    Wesley Sneijder

    Greece

    Best Football Poster
    How can they fire the coach if Zhang isn't willing to pay the cost?
    #CONTEOUT

  30. Thanks (2): MVD, PHM1605

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •