Also interesting that Couhig mentioned setting up companies in BVI to alleviate the issues with Haitong. This suggests that they found a way to navigate that problem, but who knows what that could be. Haitong by default are most likely going to own the stadium following any sale. Any new owner will...

I'm not convinced there is another serious bidder, it's all pretend by Dai until he finally runs out of road. This month or next probably. Dai is long out of road. The concern is who is pulling the strings now and in the bigger scheme of things. How much of a priority is a loss making football club...

However, we have learned he also wanted to withhold some of the total payment as a form of insurance against any financial gremlins that might emerge later on. Couhig did not want to get into specifics but acknowledged “there was a reserve element to the price agreed because of potential undisclose...

What we'd most like to know, is that we're not just being lied to again. Which I would think is pretty obvious. The deal may not come to fruition for any number of reasons. Silence would seem the most appropriate course of action. Until there's something concrete to say. In the meantime the club wi...

Mike Gow now reporting further judicial cases against Dai in China, now up to 32. Several are against Dai in a personal capacity. There are number of restrictions against him in China, although he's unlikely there. Doubt he's left China for a considerable period of time now. The allegations and sub...

windermereROYAL Somebody please explain to me who can place us into administration? Dai obviously, but who else?

Any of the three other directors. Dayong Pang is the most obvious candidate. As personally has a huge amount to lose if he fails to conduct himself in accordance with company law.

Was the stadium ever worth £55m? Nope, although you have to factor in the value of the land for redevelopment, which I imagine isn't more than the value with the stadium on it once you factor in demolition and construction costs to create, presumably offices which are already two a penny next door ...

No I'm sure someone at the club, currently employed by Dai, is going to publish a detailed breakdown of the club's commerically sensitive financial information and Dai's personal financial records and legal travails any moment now, so a few Reading fans can have the satisfaction of knowing what's g...

No I'm sure someone at the club, currently employed by Dai, is going to publish a detailed breakdown of the club's commerically sensitive financial information and Dai's personal financial records and legal travails any moment now, so a few Reading fans can have the satisfaction of knowing what's g...

It's a good piece. It does appear to be slightly more positive as it takes the emotion out of the sale (i.e. Dai doing whatever he thinks is best for him) At least with the bank making decisions, it would be more transactional. I would suggest they would see that some money back is better than gett...

Royals and Racers They could publish the overdue accounts for a start.

Far more complex than it sounds. The club is teetering on the edge currently.

That’s the tricky thing about protesting, though. You are often attempting to pressure a side into doing the right thing (for you) through means that causes them inconvenience. I mean, it’s not like we haven’t also needed Dai on our side. If Haitong are actively blocking the sale because they want ...

A couple of random thoughts on the Couhig deal falling through - - Do you think the rumour of him only offering £8 million would be his offer price minus the stadium? - Due to his links with Wycombe, would he have considered a ground share if he couldn't get control of the SCL Would also be minus t...

I think I got us off topic . . . So, with regards to the Chinese bank thing - James Earnshaw says that it's not a concern, and that's good enough for me. My thoughts though are that the bank might be using the asset to basically blackmail Dai into paying back as much of the £55m as possible. I don'...

Sutekh

Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.

42,380 companies registered at Companies House that begin with the word "Blue".

It's listed on the HK stock exchange.

I don't even want millions of pounds invested. Just stability, the odd repair and improvement, a well run club. there is a shortfall of around £10M per season for a club of Reading's size in League 1. EFL would most likely view £10 million per annum operational losses as unsustainable. Precisely wh...

Tbf relegation could be the reset we need. Where have I heard that before It used to fill me with rage hearing people on Twitter saying, "Relegation could be just what we need. A chance to rebuild and sort everything out" It was highly ignorant and stupid. To think that League One was a p...

Blue heaven holdings Ltd have confimred the sale of their stake in Everton to the friedken group. Blue heaven was mentioned on here a couple of weeks back through some rumour from some no mark on twatter Then we had blue river holdings mentioned the other day, who is this Hong Kong company linked w...

For information, which may - or may not - be relevant, the Governor of the People's Bank of China has announced a series of large interest rate cut overnight, in order to try to make China's growth (currently at 4.7%) hit their 5% target. What does this possibly mean for us? Well, the idea is to in...

X went a bit mad yesterday over things Daniel Loitz said in an online chat. He’s supposedly given some information to SBWD and it may also involve a British MP. I didn’t bother listening to the recording, but going by x it sounds more like an espionage movie. This whole sorry saga is so oxf*rd drai...