I've tuned out as people still don't seem to want to comprehend the level of funding that is required just to keep the lights on at this level for a club like Reading. There's a lot of entitlement flying around - if anyone is prepared to buy the club and commit to cover £10M of losses per season we ...
All depends on what is set out in the HR process. I agree its tosh but he'll be suing as something wasn't done quite right, or he (or his lawyers) believe that. More likely trying to save his (future) career, rather than win compensation. This thread is about the takeover, there`s a separate one fo...
I hope all this work is helping take us back to a simple structure. Couhig owns the club, and the club owns everything. Bearwood, SCL all under one structure. Perhaps the Thais are involved and the hotel and car park are involved too. I've lost track of who owns what, it would be great if it's bein...
Also. Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him. This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology. That is...
Will Dai pay the fine before, or if, he goes? But he will pocket any incoming transfer fees this week though. Leaving Couhig to pay the fine, IIF or when the deal is done. I'd assume the SPA ( Sale & Purchase Agreement) would include a whole bunch of contingencies based on liabilities, etc - so...
As of this morning, Dellor hasn't followed up on twitter with any new information - which given his stature in reporting RFC news isn't great. At the very least a follow-up after Wednesday to apologise for being wrong and explaining whether or not he has any actual info would show some integrity. So...
how long before the 'we want a sustainable club' turns into 'not that kind of sustainable club' when the self evident things you need to do to make a club like Reading in League 1 pay its way....
given we are only being fed scraps of rumours and anonymous briefings, at least the delays only appear to be due to negotiating details of the deal - business is business so that's only to be expected. Spoke too soon, if this EFL/business plan issue is legit... Austerity on its way and that never e...
given we are only being fed scraps of rumours and anonymous briefings, at least the delays only appear to be due to negotiating details of the deal - business is business so that's only to be expected.
I think it is the opposite, confirmation that Chiron is involved with Couhig (who has replaced Rifkind). I'm being dense - how do we know both Chiron and Couhig are involved? Redwood holdings 1 just has Couhig and his buddies as listed now... Chiron own all the shares in Redwood (if my understandin...
Is the inference of the changes recorded on Friday that Chiron aren't going to be involved? I think it is the opposite, confirmation that Chiron is involved with Couhig (who has replaced Rifkind). I'm being dense - how do we know both Chiron and Couhig are involved? Redwood holdings 1 just has Couh...
Assuming what we're reading is true; Chiron + Couhig + cost saving strategy. Kinda implies they aren't gonna generate value by seeking promotion but more by financial restructuring This isn't a long term strategy - which makes me think we may well be going through this whole rigmarole again in 18 m...
Assuming what we're reading is true; Chiron + Couhig + cost saving strategy. Kinda implies they aren't gonna generate value by seeking promotion but more by financial restructuring This isn't a long term strategy - which makes me think we may well be going through this whole rigmarole again in 18 mo...