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Documents that I’ve applied for and obtained from the Official Receivers Office in Hong Kong now prove that Au Yeung Wai Kay was declared bankrupt in 2004. The bankruptcy was discharged in 2008.
The bankruptcy file ties directly to Yeung through his HK ID number. #wafc
Is the person in the photo definitely Yeung? Yes 100%. I’ve had it confirmed by 3 sources including people who have seen and spoke to him.
Now a discharged bankruptcy by itself doesn’t disqualify you from owning a football club but can the @EFL answer whether this bankruptcy was declared to them or not? If it wasn’t declared then they are surely culpable for not finding it.
If it was declared then was it investigated further? Were any questions asked about it? Did it not create any concern at all along with all the other issues that have raised red flags?
Secondly, when the sale from IEC to Next Leader was announced in November 2019, there was no mention at all of Au Yeung Wai Kay in the official IEC document, only Choi.
But then in the full sale document, it states that Next Leader was set up by Au Yeung Wai Kay in January 2020?
What’s the deal here? I'm happy to stand corrected if I'm missing something.
I'm sure Yeung knew exactly what he was doing, but I believe essentially he’s just a fall guy used by Choi in all of this and he’ll likely be long gone now, never to be seen again.
The heat needs to be kept up on Choi, the insider trading rumours are the only thing that makes sense at the moment about the sale. I believe this is what needs looking into urgently.
Meanwhile another day with total silence from the @EFL – I understand you might be tied with what you can say due to lawyers but surely a short statement to say you are looking into all of this is possible?
The longer you leave it the worse it looks for you and the more it appears you couldn’t care less about the clubs you are supposed to be protecting.
Anyone reading this – if you haven’t already, I urge you to please donate to this fund to help keep our club afloat until the end of the season. crowdfunder.co.uk/official-wigan…
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