Quote Originally Posted by jon1959 View Post
SSN were saying this morning that Villa missed their tax payment to HMRC because of cash flow problems in China and that they are trying to negotiate phased payments of the shortfall.

Quite possible. In the year to 31 May 2017 Recon borrowed £49m from its ultimate holding company in China - Zhejiang Ruikang (Recon) Investment Co. Ltd which was itself owned by Mr J Xia. Maybe the money from that source has now dried up.