Xia: Potential Investment?

News has been reported in the local press in Birmingham that embattled AVFC owner Tony Xia is in talks with a bidder about selling a stake in the club. No details have emerged yet about the party but with a reported £9million tax bill due tomorrow, it could be now or never.

AVFC: Tortious Interference

AVFC director of football Steve Round was sacked this week by Tony Xia as the embattled owner seeks to reshape the senior management team at the club. Round’s departure was not unexpected but adds further fuel to the fire that Xia is not looking to sell the club any time soon.

AVFC: The £50million loan

When is a loan for £50million not a loan for £50million? Rumours were doing the rounds on social media that Tony Xia had organised a rescue plan for AVFC by arranging to borrow as much as £50million from one of his listed companies, to inject as much needed capital to AVFC. However, like most things in this situation, it’s not as simple as that.