Are we still a club?

buy a share for £2,000(voting rights+customised carsticker saying"I own Reading FC")?

Yes I'd buy 1 share
18
44%
I'd buy more than 1 share
4
10%
No
11
27%
This is preposterous yet I am aroused but not thoroughly convinced by your rather simplistic metrics
8
20%
 
Total votes: 41
AmazingMan
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Are we still a club?

by AmazingMan » 24 Aug 2011 16:25

or are we a business and most fundamentally what is the difference between the two?

Are the fans prepared to takeover the club?

We would need 5,000 fans to invest an average 10,000 quid each (we'll price a share in the club at 2,000 quid and hope that a wealthy few hundred will buy many shares with the average fan or family buying at least one).


so would you and your family be prepared to pay 2,000 quid for a stake in the club, a single share as we follow the Barcelona/Real Madrid solution of fan ownership with one share entitling you to a single vote of who should run the club (a maximum of 10 votes to any one individual - so if some rich business man paid 100k for 50 shares he would still only have 10 votes)

so are you up for it, money where your mouth is, enough of the madejski out chants, get your 2,000 quid out

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Royal Lady
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Re: Are we still a club?

by Royal Lady » 24 Aug 2011 16:29

What if you couldn't get a majority vote on something? What happens then - and after the initial outlay, how are you going to make more money when it's needed? :|

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brendywendy
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Re: Are we still a club?

by brendywendy » 24 Aug 2011 16:30

i honestly cannot think of worse people to put in charge of a football club than its fans.

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WoodleyRoyal
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Re: Are we still a club?

by WoodleyRoyal » 24 Aug 2011 16:31

our fans? if not then afc wimbledon may take umbrage to that brendy

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Royal Lady
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Re: Are we still a club?

by Royal Lady » 24 Aug 2011 16:32

brendywendy i honestly cannot think of worse people to put in charge of a football club than its fans.

If me and you went on the board though Benders, representing both sets of fans (RTG and STG) - it would be great fun!!


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Question Mark
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Re: Are we still a club?

by Question Mark » 24 Aug 2011 16:33

If I did buy some shares I would vote for SJM to run the club,

1. I wouldn't want to lose my money.
2. I think we are pretty much acheiving the maximum that our consistent (non glory hunting) fan base will allow

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M-U-R-T-Y
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Re: Are we still a club?

by M-U-R-T-Y » 24 Aug 2011 16:33

Can you imagine hobnob being in control of RFC :lol:

#adminbyxmas

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manny96
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Re: Are we still a club?

by manny96 » 24 Aug 2011 16:39

But isn't part of the barca/madrid model that their 'season ticket' is their annual payment for membership and voting rights? it's not that they've coughed up a shedload in a one off payment

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The Prisoner
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Re: Are we still a club?

by The Prisoner » 24 Aug 2011 16:44

Fan run clubs are great if you just want to pitch up on a Saturday, win some, lose some and feel good.

If you want to make some real progress you need a rich backer and someone to make decisions, decisions which won't always be popular.

We had that, and are lucky enough to not be in financial trouble now. But anyone who thinks fan run clubs are the way ahead needs to go and form AFC Reading Royals in Abrakebabra League Division 4 and "enjoy the power"


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Z175
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Re: Are we still a club?

by Z175 » 24 Aug 2011 16:47

Hang on

So you have £50m. Say you buy the club from SJM for £1, you repay his debt of £20m, you are left with £30m, so then what?

Strategy A is blow it all on one years squad and appoint Warnock to deliver promotion, if we fail its administration, league 1 and byebye to our 10ks.

Strategy B is fund us how we currently manage for 4 or 5 years. Then if promotion is not achieved its admin,l eague 1 and byebye to our 10ks...

" 5,000 fans to invest an average 10,000 quid each"

A better idea is to ask our 10,000 STHs to pay £875 not £375 for voting rights and shareholdings with their ticket. This is £5m a year in funding.

Or just pay £375 and let SJM sell who the f**k he wants to keep us competitive.

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Re: Are we still a club?

by AmazingMan » 24 Aug 2011 16:55

Z175 Hang on

So you have £50m. Say you buy the club from SJM for £1, you repay his debt of £20m, you are left with £30m, so then what?

Strategy A is blow it all on one years squad and appoint Warnock to deliver promotion, if we fail its administration, league 1 and byebye to our 10ks.

Strategy B is fund us how we currently manage for 4 or 5 years. Then if promotion is not achieved its admin,l eague 1 and byebye to our 10ks...

" 5,000 fans to invest an average 10,000 quid each"

A better idea is to ask our 10,000 STHs to pay £875 not £375 for voting rights and shareholdings with their ticket. This is £5m a year in funding.

Or just pay £375 and let SJM sell who the f**k he wants to keep us competitive.


an interesting if rather tort analysis

your treatise collapses on one rather key point, sjm has thus far failed to sell

it's time for the revolution at the club, let the fans force him out, it'll be beautiful like the championship version of what is going on in Libya at the moment and we'll have that 30 million pound buffer to responsibly fund our steady yet not spendthrift ascent to premierleague land where the riches will grow and grow and the value of your 2,000 pound share will skyrocket, we all win here folks and we truly finally become a club

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The Prisoner
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Re: Are we still a club?

by The Prisoner » 24 Aug 2011 16:57

AmazingMan
it's time for the revolution at the club, let the fans force him out, it'll be beautiful like the championship version of what is going on in Libya at the moment and we'll have that 30 million pound buffer to responsibly fund our steady yet not spendthrift ascent to premierleague land where the riches will grow and grow and the value of your 2,000 pound share will skyrocket, we all win here folks and we truly finally become a club



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brendywendy
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Re: Are we still a club?

by brendywendy » 24 Aug 2011 17:02

Royal Lady
brendywendy i honestly cannot think of worse people to put in charge of a football club than its fans.

If me and you went on the board though Benders, representing both sets of fans (RTG and STG) - it would be great fun!!




since spaceys poll stated that there are many more RTG i want more of the power though :lol:


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brendywendy
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Re: Are we still a club?

by brendywendy » 24 Aug 2011 17:04

Z175 Hang on

So you have £50m. Say you buy the club from SJM for £1, you repay his debt of £20m, you are left with £30m, so then what?

Strategy A is blow it all on one years squad and appoint Warnock to deliver promotion, if we fail its administration, league 1 and byebye to our 10ks.

Strategy B is fund us how we currently manage for 4 or 5 years. Then if promotion is not achieved its admin,l eague 1 and byebye to our 10ks...

" 5,000 fans to invest an average 10,000 quid each"

A better idea is to ask our 10,000 STHs to pay £875 not £375 for voting rights and shareholdings with their ticket. This is £5m a year in funding.

Or just pay £375 and let SJM sell who the f**k he wants to keep us competitive.



his debts only 20 million cos he converted it to shares. so to recoup the money hes spent he cant sell for less than 40 million.
Last edited by brendywendy on 24 Aug 2011 17:06, edited 1 time in total.

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brendywendy
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Re: Are we still a club?

by brendywendy » 24 Aug 2011 17:04

AmazingMan
Z175 Hang on

So you have £50m. Say you buy the club from SJM for £1, you repay his debt of £20m, you are left with £30m, so then what?

Strategy A is blow it all on one years squad and appoint Warnock to deliver promotion, if we fail its administration, league 1 and byebye to our 10ks.

Strategy B is fund us how we currently manage for 4 or 5 years. Then if promotion is not achieved its admin,l eague 1 and byebye to our 10ks...

" 5,000 fans to invest an average 10,000 quid each"

A better idea is to ask our 10,000 STHs to pay £875 not £375 for voting rights and shareholdings with their ticket. This is £5m a year in funding.

Or just pay £375 and let SJM sell who the f**k he wants to keep us competitive.


an interesting if rather tort analysis

your treatise collapses on one rather key point, sjm has thus far failed to sell

it's time for the revolution at the club, let the fans force him out, it'll be beautiful like the championship version of what is going on in Libya at the moment and we'll have that 30 million pound buffer to responsibly fund our steady yet not spendthrift ascent to premierleague land where the riches will grow and grow and the value of your 2,000 pound share will skyrocket, we all win here folks and we truly finally become a club

:roll: please see last post

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Re: Are we still a club?

by pea » 24 Aug 2011 17:37

Berkshire royal gets my vote for Chief Executive...

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Ian Royal
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Re: Are we still a club?

by Ian Royal » 24 Aug 2011 17:41

So you buy the club. How do you then fund the signings and wages and operating costs for the next 20 years? Bear in mind Madejski is going to want at least £50m for us, and won't sell to a bunch of no hopers who will run the club out of business.

I don't have £2k, so I couldn't get invovled. If I won the lottery, I'd definitely buy in, but not with the fans, as that would be a shambles at this level without major changes in how football is run.

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Re: Are we still a club?

by Arnie_Pie » 24 Aug 2011 17:49

M-U-R-T-Y Can you imagine hobnob being in control of RFC :lol:

#adminbyxmas


This, basically. Would be a total and utter oxf*rd disaster.

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mr_number
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Re: Are we still a club?

by mr_number » 24 Aug 2011 18:29

How about we all give it a test run, pick a cheap club, then see how we do. I say Oxford.

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Re: Are we still a club?

by Friday's Legacy » 24 Aug 2011 19:20

AmazingMan Are the fans prepared to takeover the club?


this would be the worst thing to happen to the club! for a start you'd never raise the £60m you'd need, and secondly even if you could purchase the club you couldn't cope with the wage bill, let alone provide funds for transfers.
john madejski has overseen three(?) signings this summer that must amount to around £1.7m now. is that really not good enough? on the contrary, it's a good level of investment from the chairman.
this club is in the safest hands it could be in. sadly there's a bunch of kids that support the club these days that think if you sell someone for in excess of £5m you must spend all of it on new players.

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