Search found 531 matches

by Linden Jones' Tash
25 Sep 2024 18:45
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: CONFRIMED: Takeover collapsed; Back to square one

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 ...
by Linden Jones' Tash
05 Sep 2024 18:12
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER - TODAY COULD BE THE DAY! (or not?)

All this PR fluff is pretty tedious....

The Internet has photos of DY hanging out with Reading fans at an away game, it's just pitch rolling...
by Linden Jones' Tash
03 Sep 2024 14:23
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER MIGHT OR MIGHT NOT BE CONFIMRED THIS WEEK OR NEXT

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...
by Linden Jones' Tash
03 Sep 2024 08:07
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER MIGHT OR MIGHT NOT BE CONFIMRED THIS WEEK OR NEXT

So the Bowen situation is another liability with an uncertain outcome.

Could that be a fly in the ointment or is it just a contingency in the SPA?

If litigation was to drag on, how do you mitigate the impact on the institution?
by Linden Jones' Tash
31 Aug 2024 10:41
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER MIGHT OR MIGHT NOT BE CONFIMRED THIS WEEK OR NEXT

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...
by Linden Jones' Tash
31 Aug 2024 10:32
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER MIGHT OR MIGHT NOT BE CONFIMRED THIS WEEK OR NEXT

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...
by Linden Jones' Tash
27 Aug 2024 16:31
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2722
Views: 3536702

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

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...
by Linden Jones' Tash
24 Aug 2024 10:05
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER ALL BUT CONFIMRED

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...
by Linden Jones' Tash
21 Aug 2024 18:37
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER ALL BUT CONFIMRED

Mid Sussex Royal Isn’t there a Thai flag flying above it?

Couhig has met all back office staff today btw


Of the Hotel?...

Wh
by Linden Jones' Tash
21 Aug 2024 08:41
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER ALL BUT CONFIMRED

Is there a sweepstake on which official announcement will be first?

Azeez transfer or change in ownership...

My bet is on:

Big fanfare announcement for new ownership...

Followed by confirmation of Millwall bid accepted for an 'undisclosed' fee...
by Linden Jones' Tash
17 Aug 2024 12:57
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER CONFIMRED AT LAST!...............(Only joking)

Genuine question for any experts out there:

How much transparency regarding the business plan will there be?

Will the extent of the funding be in the public domain or what was paid for what?

Or it be 'terms are undisclosed' and we don't know how secure the underlying funding actually is...
by Linden Jones' Tash
15 Aug 2024 09:13
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER CONFIMRED AT LAST!...............(Only joking)

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....

Christmas I reckon...
by Linden Jones' Tash
13 Aug 2024 22:12
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER CONFIMRED AT LAST!...............(Only joking)

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...
by Linden Jones' Tash
13 Aug 2024 09:20
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER CONFIMRED AT LAST!...............(Only joking)

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.
by Linden Jones' Tash
13 Aug 2024 08:03
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER CONFIMRED AT LAST!...............(Only joking)

The notion of time has lost all meaning in this saga....

It's been "10 days away" for months and what's the betting that "in days"... turns out to be weeks....

:roll:
by Linden Jones' Tash
07 Aug 2024 11:08
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER *STILL NOT F***ING* CONFIMRED

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...
by Linden Jones' Tash
06 Aug 2024 17:20
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER *STILL NOT F***ING* CONFIMRED

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...
by Linden Jones' Tash
05 Aug 2024 19:17
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER *STILL NOT F***ING* CONFIMRED

Is the inference of the changes recorded on Friday that Chiron aren't going to be involved?
by Linden Jones' Tash
19 Jul 2024 12:26
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER *NOT YET* CONFIMRED

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...
by Linden Jones' Tash
19 Jul 2024 09:13
Forum: The Team
Topic: CONFRIMED: Takeover collapsed; Back to square one
Replies: 5524
Views: 2703997

Re: TAKEOVER *NOT YET* CONFIMRED

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...
It is currently 27 Sep 2024 19:06