Marina's Rolls Royce Posted July 8, 2014 Report Share Posted July 8, 2014 This expected takeover has been completed and Barry Hearn's long standing ownership of the club is over. Enter Italian Francesco Bechetti who has purchased Hearn's 90% stake. This 47 yr old has already come close to buying Reading and 2 other Italian League clubs but has decided to settle in London and wants to take a London club to the big time hence his purchase of Orient. Remember Fulham. It appears that he will be spending a considerable sum to achieve this so we can expect to see Orient competing again although there may be changes in management as well as a new stadium name. Bechetti is the nephew of Italy's "Trash King" , Manlio Cerroni - exporting nasty waste to Albania and Romania- they even own a company together. There are many suggestions in the Italian press that all is not what it seems. As for how much this guy is worth and just how many zillions he's gonna pump into the O's is equally as murky but I think we'll be hearing a lot more from Orient. Link to comment Share on other sites More sharing options...
Strawberry2157. Posted July 8, 2014 Report Share Posted July 8, 2014 Glad we got all our signings in first then!! Link to comment Share on other sites More sharing options...
Pickle Rick Posted July 8, 2014 Report Share Posted July 8, 2014 Just cos' he's foreign, don't mean he's gonna be lavish a splash the moula. Seems a bit of a rat, different type to Suarez though. He may not have been able to buy the previous clubs due to lack of legitimacy, we don't know?! Link to comment Share on other sites More sharing options...
Monkeh Posted July 8, 2014 Report Share Posted July 8, 2014 This expected takeover has been completed and Barry Hearn's long standing ownership of the club is over. Enter Italian Francesco Bechetti who has purchased Hearn's 90% stake. This 47 yr old has already come close to buying Reading and 2 other Italian League clubs but has decided to settle in London and wants to take a London club to the big time hence his purchase of Orient. Remember Fulham. It appears that he will be spending a considerable sum to achieve this so we can expect to see Orient competing again although there may be changes in management as well as a new stadium name. Bechetti is the nephew of Italy's "Trash King" , Manlio Cerroni - exporting nasty waste to Albania and Romania- they even own a company together. There are many suggestions in the Italian press that all is not what it seems. As for how much this guy is worth and just how many zillions he's gonna pump into the O's is equally as murky but I think we'll be hearing a lot more from Orient. Leeds have just been taken over by a rich itilian known as the king of corn, ask them how its going........ Link to comment Share on other sites More sharing options...
RedM Posted July 8, 2014 Report Share Posted July 8, 2014 As we all know it doesn't always work. These type of people want usually want to make big changes, stamp their mark on the club, and want it all NOW. He'll play with his new toy for a while, upset people (usually the fans) then bugger off. Link to comment Share on other sites More sharing options...
SimonR Posted July 8, 2014 Report Share Posted July 8, 2014 Great, another bleedin london club with too much money Link to comment Share on other sites More sharing options...
Betty Swallocks Posted July 8, 2014 Report Share Posted July 8, 2014 If only we had a billionaire owner..... Link to comment Share on other sites More sharing options...
BS4 on Tour... Posted July 8, 2014 Report Share Posted July 8, 2014 All this stuff, and past projects (eg Pompey) make me grateful for Mr Lansdown being at the helm. It could be so much worse..... Link to comment Share on other sites More sharing options...
Monkeh Posted July 8, 2014 Report Share Posted July 8, 2014 All this stuff, and past projects (eg Pompey) make me grateful for Mr Lansdown being at the helm. It could be so much worse..... indeed, we've thrown money at trying to get to the prem signing "named" players it hasn't worked now we are going about it the right way investing in talented young players and expanding the academy, lets hope it works this time Link to comment Share on other sites More sharing options...
ten minutes of rough Posted July 8, 2014 Report Share Posted July 8, 2014 Seedy, all very seedy, could kill off the 'O's for good. Link to comment Share on other sites More sharing options...
slartibartfast Posted July 8, 2014 Report Share Posted July 8, 2014 With their crowds and "fair play" surely they can only spend 2/6d ! Link to comment Share on other sites More sharing options...
Avalonred Posted July 8, 2014 Report Share Posted July 8, 2014 With their crowds and "fair play" surely they can only spen 2/6d ! Two Shillings and Sixpence? .... I think you might have overvalued them a bit there Link to comment Share on other sites More sharing options...
westred1 Posted July 8, 2014 Report Share Posted July 8, 2014 Hearn wasn't exactly short of a few bob to start with, was he? I don't think Orient will be anywhere near the force they were this season. Losing in the manner they did at Wembley would have hurt them, especially after being in the top two for the majority of the season (rather like us and the 07/08 season). They've sold one of their best and most promising players in Moses Odubajo to Brentford of all teams; they're goalkeeper Jamie Jones, who had a great season, has moved to Preston and they've yet to bring anyone in. Like someone above said, look at Leeds... billionaire owners don't always mean success; just impressive for them to have 'football club ownership' on their CV. Link to comment Share on other sites More sharing options...
Marina's Rolls Royce Posted July 8, 2014 Author Report Share Posted July 8, 2014 I don't think Orient will be anywhere near the force they were this season. Losing in the manner they did at Wembley would have hurt them, especially after being in the top two for the majority of the season (rather like us and the 07/08 season). They've sold one of their best and most promising players in Moses Odubajo to Brentford of all teams; they're goalkeeper Jamie Jones, who had a great season, has moved to Preston and they've yet to bring anyone in. Like someone above said, look at Leeds... billionaire owners don't always mean success; just impressive for them to have 'football club ownership' on their CV. Therein lies an irony- it's likely that the new owner will come in and shake things up and splash some cash yet Slade has got the O's to the final on a shoe string budget and by developing a squad slowly sort of like Sean Dyche was doing at Watford before he got sacked by the new............Italian owners! And whatever happened to Dyche? And yes look at billionaire owners - just wanting to impr,,,,, oh, hang on a minute..... Link to comment Share on other sites More sharing options...
UREDS_91 Posted July 8, 2014 Report Share Posted July 8, 2014 Hang on, I thought we were the Man City of league 1? Link to comment Share on other sites More sharing options...
Drew Peacock Posted July 9, 2014 Report Share Posted July 9, 2014 Bechetti is the nephew of Italy's "Trash King" , Manlio Cerroni - exporting nasty waste to Albania and Romania- they even own a company together. There are many suggestions in the Italian press that all is not what it seems. As for how much this guy is worth and just how many zillions he's gonna pump into the O's is equally as murky but I think we'll be hearing a lot more from Orient. Well he must have past the League's Fit & Proper scrutiny to own a football club, so I am sure all will be well. Link to comment Share on other sites More sharing options...
Aizoon Posted July 10, 2014 Report Share Posted July 10, 2014 Well he must have past the League's Fit & Proper scrutiny to own a football club, so I am sure all will be well. To be fair, the FA applied its usual Fit & Proper test - they counted his heads and can confirm that he has just one... Link to comment Share on other sites More sharing options...
redsince1994 Posted July 10, 2014 Report Share Posted July 10, 2014 Hang on, I thought we were the Man City of league 1? Unfortunately I think we were more like the Man United of L1 last season. Link to comment Share on other sites More sharing options...
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