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by tmesis
30 Mar 2025 23:49
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

Dai has ignored repeated warnings from the EFL and messed around purchasers, but he's paid his fines, the wages and tax are (currently) being paid, and it looks like we should complete our fixtures. so the only thing he's guilty of now is failing the F&PPT. So I don't think the EFL could boot u...
by tmesis
30 Mar 2025 11:08
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

That's the next hurdle. If Couhig rejects the escrow then I presume Playtex will pull out and Couhig will re-enter the saga as front runner with the club then hanging by a thread as an impasse is reached. Hey presto! The FL suspend Reading w.e.f. Easter period (so the games that mean something v Bl...
by tmesis
29 Mar 2025 23:22
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2775
Views: 3922868

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

STAR meeting summary reports that Reading's monthly wage commitment nets out at around £1M a month (+/- with win bonuses) That's ~ £12M a year. Other commitments ~£320k a month Outgoings = £15.84M They also reported that income (excluding player sales) to end of December (presumably April-Dec) was ...
by tmesis
29 Mar 2025 21:47
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

STAR'S update suggests suspension could well be on the cards, but very little discussion of when that turns into expulsion. We could be suspended for the remainder of the season, forfeit all our matches and still finish 17th. If we are suspended for the rest of the season, our results would be expu...
by tmesis
27 Mar 2025 23:40
Forum: The Team
Topic: The phoenix club thread
Replies: 84
Views: 6330

Re: The phoenix club thread

In terms of venue, Wycombe or Aldershot probably. I just think Slough and Maidenhead would be too small. Reading have a larger fanbase than AFCW had, when they reformed, they were constantly filling out Kingsmeadow which was about 3000ish. Even allowing for some fans giving up on football / watchin...
by tmesis
27 Mar 2025 18:31
Forum: The Team
Topic: The phoenix club thread
Replies: 84
Views: 6330

Re: The phoenix club thread

not really ‘getting’ the problem that some folk here have with RC :?: Seem to have a decent set-up for the kids and yoofs game. Took in a game last season and was pleasantly surprised with the pace and enthusiasm (if not the quality), it’s a charmless ground admittedly. Decent locally brewed beer, ...
by tmesis
27 Mar 2025 18:23
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

In the grand scheme of things, I can't imagine we owe that much to an agent.
by tmesis
26 Mar 2025 17:49
Forum: The Team
Topic: The phoenix club thread
Replies: 84
Views: 6330

Re: The phoenix club thread

If the existing club gets liquidated, could we be in a bizarre situation where the the new club Board spawned out of STAR are negotiating with Dai to use the SCL? Or would we refuse to give him a penny on principle? I imagine the running costs would be too high for a start-up Phoenix Club without a...
by tmesis
25 Mar 2025 18:11
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

Greatwesternline On the face of the accounts there is:

1.5m on operating lease. That'll be rent for the stadium.
458k for director remuneration

So he's effectively paying himself £2 million a year?
by tmesis
24 Mar 2025 18:25
Forum: The Team
Topic: The phoenix club thread
Replies: 84
Views: 6330

Re: The phoenix club thread

Would the first step need to be that Reading FC cease to exist as a club? Not to be pedantic, I'm truly curious if this needs to happen first? We could start an alternative Reading FC now if we wanted, but I doubt we'd take many fans. But if we got kicked out of the EFL and had to start at the bott...
by tmesis
24 Mar 2025 18:20
Forum: The Team
Topic: #SellBeforeWeDai Action/Inaction Group
Replies: 3159
Views: 3627370

Re: #SellBeforeWeDai Action/Inaction Group

Worse than that. The Premier League could vote to end promotion and relegation, it just needs a majority vote and he way it's going the majority of clubs will be owned by American owners, some who own NFL clubs where they make shit loads of money with no relegation or promotion. USL, the other main...
by tmesis
24 Mar 2025 12:41
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

Dai has to know that he either sells now, or is sat on something that will be utterly valueless at the end of the season. Worst case scenario as I see it is that we drop down to National League South. Most recent comparison Bury are currently in the North West Counties league which is tier 9.....an...
by tmesis
24 Mar 2025 07:58
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

I think a fan owned phoenix club would find it harder to compete than AFC Wimbledon did and similarly Exeter at their low point (not a phoenix but had to rebuild from penniless). There’s a lot of non League wealth now and no real controls or limits. If we are to go down the phoenix route, we should...
by tmesis
23 Mar 2025 21:36
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

I would say that the EFL must have considered the legality of the consequences of disqualifying an owner, or there really isn't any point in them doing it. If a club was sold to an owner who failed the tests to be a qualified owner, they would be in the same boat. The only real challenge is whether...
by tmesis
23 Mar 2025 17:12
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

They really can't. We've paid all our bills on time since autumn 2023, we're not actually behaving that badly as a club. It's one man and his cronies bringing us into disrepute. When Parry was last quizzed on us in parliament, he said a primary concern is securing our future. Do you seriously think...
by tmesis
22 Mar 2025 20:58
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - The final countdown

tidus_mi2 This deadline is just after the final set of games so basically confirms we'll make the play-offs right? :lol:

It would be the Reading way of doing things to make the play offs, get granted an extension, actually win the play-offs for the first time, and then get expelled.
by tmesis
22 Mar 2025 13:36
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

Seeing varying reports that the 28 day deadline has already started. they`re not chucking us out before the season finishes anyway with all the implications that would bring. I'm not sure if any club has been kicked out during a season. A few either went bust or resigned mid-season, such as Accring...
by tmesis
22 Mar 2025 11:41
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

Seeing varying reports that the 28 day deadline has already started. they`re not chucking us out before the season finishes anyway with all the implications that would bring. I'm not sure if any club has been kicked out during a season. A few either went bust or resigned mid-season, such as Accring...
by tmesis
21 Mar 2025 18:48
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

It does seem though that the outcome of the court case is that Reading can be sold. And that should mean, if this new potential buyer is serious, getting sold is a step nearer, with an extra nudge by the EFL which should make Dai less likely to dither. If it falls through though, we are almost certa...
by tmesis
21 Mar 2025 17:41
Forum: The Team
Topic: CONFIMRED - The final countdown
Replies: 8005
Views: 3807546

Re: CONFIMRED - This might be it!!

Somehow reading in the proper press the words "kicked out of the league" and the date being next month made me physically sick. The EFL risk destroying a football club that has existed uninterrupted since 1871 over non-Reading FC activities of a guy they cleared to buy the club. They can'...
It is currently 01 Apr 2025 00:22