wilsdenrover

I agree with you about worldwide investment being a good thing but this Indian law definitely says it is forbidden unless approval is sought (and granted). I also agree with your second and third paragraphs although I don’t know if this a ‘tax fiddle’ or something else entirely. As with most (all?) things with the Venky’s, their motivations are as clear as mud.

From his Linkedin profile:

The Indian Law in question forbids overseas investment unless permission is granted. If permission is granted it comes with conditions attached. It would appear buying Alexander House was a breach of these conditions.

You’d have thought last year’s cup run would have given him a clue…

From the accounts (period ending 31/3/2022) of the company which bought the training ground:

The Who - My Generation

Sounds like a wonderful man and a wonderful father.

Train - Hey Soul Sister

Stockholm syndrome?

My other half says that to me sometimes…

I’m not sure it’s even true that nearly every clubs fans dislikes their owners. Even if it is, very few, if any, have more reason to dislike their owners than we do.

The Righteous Brothers - You’ve Lost That Lovin’ Feelin’

Snoop Dogg - Drop It Like It’s Hot

Did they explain how the forum satisfies their own regulation 128.1.2? (Added to my previous post)

Is there a way of seeing if the EFL agree with this? Edited to add - As I’m sure you know, this is the regulation - I’m not certain the fan’s forum covers this (specifically re 128.1.2.)

Forward defence or slog to cow corner?

He could open the batting too.

If you were a cynic you’d say it’s because he’s moved to a big club…

Billy Ocean - Love Really Hurts Without You

Except the last line of the press release was ‘further investigation is under progress’…

They’ve seized Indian property - not the UK house.

No, see below confirmation statement for VLL:

It is 😁 - the club is owned by Venkys London Ltd…

Different company - the company that bought the training ground was Venkateshwara London Limited

Press release says funds were transferred from Venkateshwara Hatcheries Pvt Ltd