Madejski comments on club ownership

[floyd__streete]

SJM has spent the last decade telling us he'd only sell to the right person. Dunno why hes getting a pass from the fans for such an obvious monumental fook up.

If we are in a mess. Its his fault.

+ fecking 1 m8.

[winchester_royal]

Sounded to me like Anton is pretty much done at this club, but the club are confident of new investment in the forseable future.

[floyd__streete]

Sounded to me like Anton is pretty much done at this club, but the club are confident of new investment in the forseable future.

Pray for maffffffffffffffffffffffffffffff at this difficult time for him.

[download]

Sounded to me like Anton is pretty much done at this club, but the club are confident of new investment in the forseable future.

Yep that's how it sounded to me.

[floyd__streete]

Just heard the Madejski interview. Tragic. The stuttering witterings of a man who has been on the Port. Completely put on the back-foot by Tim Dellor, a man who makes Colin Murray look like Roger Cook.

[Reading4eva]

SJM will only do what's right for the club. At this moment that would be to trim the wage bill and try to muster enough to buy the club back. We might be in the Championship long haul but money doesn't buy clubs promotion. Look at QPR who are having a wobble and even if Leicester make it this year, how many has it taken them?

I want SJM to buy back the club and the £1 buy back idea was very interesting if a certain deadline hasn't been met

[Cureton's Volley]

SJM will only do what's right for the club. At this moment that would be to trim the wage bill and try to muster enough to buy the club back. We might be in the Championship long haul but money doesn't buy clubs promotion. Look at QPR who are having a wobble and even if Leicester make it this year, how many has it taken them?

I want SJM to buy back the club and the £1 buy back idea was very interesting if a certain deadline hasn't been met

IN for a quid!

...but does Anton have change for a fiver?

[tmesis]

Just heard the Madejski interview. Tragic. The stuttering witterings of a man who has been on the Port. Completely put on the back-foot by Tim Dellor, a man who makes Colin Murray look like Roger Cook.

Given that he doesn't give that many post-match interviews, and he didn't really seem to be trying to quash Oman investment rumours too much, I'd suspect he knew all along that Dellor was going to ask those questions.

[MmmMonsterMunch]

Just heard the Madejski interview. Tragic. The stuttering witterings of a man who has been on the Port. Completely put on the back-foot by Tim Dellor, a man who makes Colin Murray look like Roger Cook.

Given that he doesn't give that many post-match interviews, and he didn't really seem to be trying to quash Oman investment rumours too much, I'd suspect he knew all along that Dellor was going to ask those questions.

Absolutely. That was a pre-planned interview & anyone who thinks otherwise is a bit naive. He knows the fans are getting restless & that's exactly why he chose to speak.

[Only one Trevor Morley]

Two important quotes. He described Anton as the de facto owner of club and also said it would be both in terms antons and his interest to invest in team in Jan to get promotion as would be more attractive for potential buyer....

So clearly interest but a lot depends on getting promotion!

[SpaghettiHoop]

I heard recently that Anton's assets had been frozen (don't know by whom) and that Arab money is financing the Training / Academy facility at Bearwood.
No source - something I heard.

[SPARTA]

SJM has spent the last decade telling us he'd only sell to the right person. Dunno why hes getting a pass from the fans for such an obvious monumental fook up.

If we are in a mess. Its his fault.

+ fecking 1 m8.

Agreed, but when you have a billionaire father and ambitious son, it all seemed to be perfect. I just hope SJM is extra careful next time around, and doesn't settle for anything other than what he feels is right for the club just because he may need to get out himself. Foreign owners are far too often bad news.

[Emmer Green Royal]

[quote="SpaghettiHoop"]I heard recently that Anton's assets had been frozen (don't know by whom) and that Arab money is financing the Training / Academy facility at Bearwood.
No source - something I heard.[/quote]

The person you heard it from is your source. Who are they, what credibility do they have?

[Reading4eva]

Maybe there was more to that Oman game in September

[Royal Dee]

Dont want to destroy any dreams of a rich arab buying us but dont you think the most logical reason the youth football guy from Oman was visiting us was due to our youth football development programme we have in Oman and the fact that Omans number one goalkeeper plays for wigan? just adding two and two.

[RoyalBlue]

SJM has spent the last decade telling us he'd only sell to the right person. Dunno why hes getting a pass from the fans for such an obvious monumental fook up.

If we are in a mess. Its his fault.

+ fecking 1 m8.

Agreed, but when you have a billionaire father and ambitious son, it all seemed to be perfect. I just hope SJM is extra careful next time around, and doesn't settle for anything other than what he feels is right for the club just because he may need to get out himself. Foreign owners are far too often bad news.

I trust that Madejski has had very strong words with his sales side advisors who were meant to have undertaken due diligence on Anton and TSI, and with his legal team who appear to have cocked up big time by failing to ensure that the initial sales agreement had effective punative measures incorporated, which would kick in should the buyers default on the deal.

Seems Madejski's midas touch once again deserted him when he was selling the club.

[dizzynewheights]

Then hes responsible for employing clowns. Still his fault.

Fact is for all his chat over the years as soon as he found himself in dire str8s financially he sold the club down the river.

I respect everything he has done for the club in the past but hes got to take the lions share of the blame for this mess

[Lower West]

I trust that Madejski has had very strong words with his sales side advisors who were meant to have undertaken due diligence on Anton and TSI, and with his legal team who appear to have cocked up big time by failing to ensure that the initial sales agreement had effective punative measures incorporated, which would kick in should the buyers default on the deal.

Seems Madejski's midas touch once again deserted him when he was selling the club.

You can perform all the due diligence you want. Eventually it comes to down to words and trust.

At least at Reading we still have SJM. Look at the situation at Cardiff. Total farce. All about business. Nothing to do with football.

The foreign owners won't be smiling when fans will desert what has become an overpriced form of entertainment.

[MmmMonsterMunch]

Then hes responsible for employing clowns. Still his fault.

Fact is for all his chat over the years as soon as he found himself in dire str8s financially he sold the club down the river.

I respect everything he has done for the club in the past but hes got to take the lions share of the blame for this mess

SJM has sold the club down the river? Really? He clearly wants what is best for the club & tried to get new investment. He ain't getting any younger after all. It's backfired & it's potentially a bit shite but thank fook he is still around or I would be very worried.

[dizzynewheights]

This mess is all his making. I'm not sure what's so hard to understand.