Confimred new owners of Raeding Footbal Club

8685 posts
User avatar
Uke
Hob Nob Legend
Posts: 23161
Joined: 17 Apr 2004 16:24
Location: Слава Україні! Героям слава! @UkeRFC

Re: Buyout

by Uke » 17 Jul 2014 00:30

Mike Hunt May I ask where they are getting the £500K figure from?


Their lawyers

User avatar
Mike Hunt
Hob Nob Regular
Posts: 2812
Joined: 01 Jul 2008 08:24
Location: Blue and White

Re: Buyout

by Mike Hunt » 17 Jul 2014 00:57

Uke
Mike Hunt May I ask where they are getting the £500K figure from?


Their lawyers


Cheers

Mr Optimist
Hob Nob Regular
Posts: 2166
Joined: 15 Dec 2004 13:31
Location: Colwyn Bay Royals - Membership no.000001,

Re: Buyout

by Mr Optimist » 17 Jul 2014 06:09

£500,000 seems a massive amount. What happens if SB walks away? Does the £500,000 just get bunged on the debt pile with wonga/vibrac interest rates applied?

loyalroyaldaz
Member
Posts: 755
Joined: 29 Aug 2009 09:57

Re: Buyout

by loyalroyaldaz » 17 Jul 2014 07:02

Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.

Esteban
Member
Posts: 813
Joined: 16 Jul 2012 16:09

Re: Buyout

by Esteban » 17 Jul 2014 07:35

loyalroyaldaz Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.


No, it's Vibrac. It's their legal fees, they've reneged on the initial agreement (not legally binding).


multisync1830
Hob Nob Regular
Posts: 1649
Joined: 02 Nov 2012 15:55

Re: Buyout

by multisync1830 » 17 Jul 2014 08:07

Esteban
loyalroyaldaz Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.


No, it's Vibrac. It's their legal fees, they've reneged on the initial agreement (not legally binding).


can you confirm your source

User avatar
Extended-Phenotype
Hob Nob Addict
Posts: 5907
Joined: 27 May 2011 10:43
Location: Oxford Road

Re: Buyout

by Extended-Phenotype » 17 Jul 2014 08:08

Why does SB have to pick up JM's legal fees?

Royalwaster
Hob Nob Regular
Posts: 3637
Joined: 13 Jul 2004 13:32

Re: Buyout

by Royalwaster » 17 Jul 2014 08:22

Has anyone read the book Capital - there's a scene where a young star gets injured and it's all about the lawyers wrangling about who is responsible etc. and the way they're only interested in the money. Reminds me of this. Not surprising really .... lawyers.

A bit like the joke - a pope and a lawyer arrive in heaven and they're shown around the place; first the pope is taken to a dingy little shack, but after that the lawyer is taken to a huge mansion with all the most amazing fittings etc. and the pope says: 'how come he gets this amazing place and me, the pope, only gets this little shack?' and the response is: 'We've had a lot of your type over the years - but it's the first time one of his type has come here for a long time ...!'

User avatar
TFF
Hob Nob Addict
Posts: 5321
Joined: 20 Jan 2006 09:17
Location: Running to the hills

Re: Buyout

by TFF » 17 Jul 2014 08:53

:|


urz_1871
Member
Posts: 140
Joined: 15 May 2004 14:54

Re: Buyout

by urz_1871 » 17 Jul 2014 09:10

Fordham & Watts are saying takeover will be completed today. Samrit is on his way over from Thailand.

Basingstoke Royal
Member
Posts: 659
Joined: 10 Dec 2004 13:34
Location: Basingstoke

Re: Buyout

by Basingstoke Royal » 17 Jul 2014 09:17

Im up for chipping in to pay off the £500k to get them out of the club.

User avatar
HoneyRoastHoax
Hob Nob Regular
Posts: 1228
Joined: 07 Mar 2012 09:22

Re: Confimred new owners of Reading Football Club

by HoneyRoastHoax » 17 Jul 2014 09:19

ITS HAPPENING TODAY

ITK (I just read JF twitter)

User avatar
Pepe the Horseman
Hob Nob Super-Addict
Posts: 18298
Joined: 23 Jun 2011 10:24
Location: Putting right what once went wrong

Re: Buyout

by Pepe the Horseman » 17 Jul 2014 09:21

Big day today I'm told.


Norfolk Royal
Hob Nob Regular
Posts: 3550
Joined: 30 Apr 2004 16:07
Location: Carrot juice is the elixir of the Gods.

Re: Buyout

by Norfolk Royal » 17 Jul 2014 09:23

Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?

User avatar
paultheroyal
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 12837
Joined: 04 Mar 2005 12:59
Location: Hob Nob Reality TV Champ 2010/2011

Re: Buyout

by paultheroyal » 17 Jul 2014 09:23

urz_1871 Fordham & Watts are saying takeover will be completed today. Samrit is on his way over from Thailand.



Mr ReadingFC
Member
Posts: 117
Joined: 28 Mar 2011 03:00

Re: Buyout

by Mr ReadingFC » 17 Jul 2014 09:27

oxf*rd GET IN

Takeover to be finalised this morning I'm told. Board meeting at #ReadingFC in process. Hold on to your hats.

User avatar
Agent Balti
Hob Nob Regular
Posts: 1332
Joined: 17 Jan 2008 12:39

Re: Buyout

by Agent Balti » 17 Jul 2014 09:28

Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.

Norfolk Royal
Hob Nob Regular
Posts: 3550
Joined: 30 Apr 2004 16:07
Location: Carrot juice is the elixir of the Gods.

Re: Buyout

by Norfolk Royal » 17 Jul 2014 09:30

Agent Balti
Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.


Appalled by it to be honest as all decent Reading fans should be. What utter prats.

westongeezer
Member
Posts: 576
Joined: 05 Mar 2008 14:28
Location: I am not Hammond! stop asking me

Re: Buyout

by westongeezer » 17 Jul 2014 09:33

Watts tweets: Deal to be finalised this morning hold on to your hats .....

User avatar
HoneyRoastHoax
Hob Nob Regular
Posts: 1228
Joined: 07 Mar 2012 09:22

Re: Buyout

by HoneyRoastHoax » 17 Jul 2014 09:35

Agent Balti
Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.


Proper pcunts!Really :shock: at some of them

8685 posts

Who is online

Users browsing this forum: ankeny, Google [Bot] and 245 guests

It is currently 22 Nov 2024 14:13