CONFIMRED - The final countdown

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Elm Park Kid
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Re: TAKEOVER *NOT* CONFIMRED

by Elm Park Kid » 31 Dec 2023 19:25

I did hear from a good source that Bowen has been pretty petulant with the local press this season. Not quite the level-headed grown-up that we were hoping for.

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From Despair To Where?
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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 31 Dec 2023 19:55

I guess that depends on whether they keep badgering him for comment when he's already said he can't comment on certain issues.

I wouldn't expect him, or anyone at the club to comment on half the shit that originates on social media.

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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 31 Dec 2023 20:30

From Despair To Where? I guess that depends on whether they keep badgering him for comment when he's already said he can't comment on certain issues.

I wouldn't expect him, or anyone at the club to comment on half the shit that originates on social media.

Same.

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RG30
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Re: TAKEOVER *NOT* CONFIMRED

by RG30 » 31 Dec 2023 20:40

He seemed perfectly capable of saying what he wanted when probed by ITV at the Eastleigh game.

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From Despair To Where?
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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 31 Dec 2023 20:47

That was potentially a different audience with national coverage though and he didn't really say anything that wasn't already in the public domain locally.


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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 03 Jan 2024 15:58

Dai's school of sales negotiation:






WestYorksRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 05 Jan 2024 11:49

Earnshaw responding to questions on Twitter that there are still 3 or 4 parties interested, but no real progress and we're basically back to where we were in early November. So don't expect anything imminent, but don't give up hope that we're stuck with him.

Originally we wanted him gone by January to protect our squad, but it sounds like Bowen and Selles are resolved to do everything they can to keep the team together. So next checkpoint is the summer and being able to extend contracts of Azeez and Abbey in particular, but a few more too. Do that and be able to act quickly on free transfers and we can be a force next season. If Dai stays, survival is once again the extent of our ambition.

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Re: TAKEOVER *NOT* CONFIMRED

by MartinRdg » 05 Jan 2024 16:11

WestYorksRoyal Earnshaw responding to questions on Twitter that there are still 3 or 4 parties interested, but no real progress and we're basically back to where we were in early November. So don't expect anything imminent, but don't give up hope that we're stuck with him.

Originally we wanted him gone by January to protect our squad, but it sounds like Bowen and Selles are resolved to do everything they can to keep the team together. So next checkpoint is the summer and being able to extend contracts of Azeez and Abbey in particular, but a few more too. Do that and be able to act quickly on free transfers and we can be a force next season. If Dai stays, survival is once again the extent of our ambition.


Although I suppose the issue is, for those players with contracts ending next Summer, they can now speak to interested clubs about a move.

Tilehurstsouthbank
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Re: TAKEOVER *NOT* CONFIMRED

by Tilehurstsouthbank » 05 Jan 2024 16:17

Eddie Niedzwiecki and Andrew Sparkes have been let go. :shock:

https://www.readingchronicle.co.uk/spor ... hallenges/


Sutekh
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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 05 Jan 2024 17:08

Tilehurstsouthbank Eddie Niedzwiecki and Andrew Sparkes have been let go. :shock:

https://www.readingchronicle.co.uk/spor ... hallenges/



This follows news of redundancies before Christmas and news that players are no longer fed at Bearwood due to lack of funding.


Something for a SBWD banner?

https://www.youtube.com/watch?v=6kqN39QLP0E

Mid Sussex Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 05 Jan 2024 19:05

Tmac now speaking out re the current situation, particularly around staff not paid on time last month.

With players now speaking out if the current ownership regime stays until the end of the season and Selles keeps us up (if he stays) he's up there with our best managers

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SouthDownsRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 05 Jan 2024 20:41

Mid Sussex Royal Tmac now speaking out re the current situation, particularly around staff not paid on time last month.

With players now speaking out if the current ownership regime stays until the end of the season and Selles keeps us up (if he stays) he's up there with our best managers


It’s a tough gig for sure but not sure about that

Delboy
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Re: TAKEOVER *NOT* CONFIMRED

by Delboy » 06 Jan 2024 06:33

I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


Orion1871
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Re: TAKEOVER *NOT* CONFIMRED

by Orion1871 » 06 Jan 2024 09:34

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

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tmesis
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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 11:08

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.

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PieEater
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Re: TAKEOVER *NOT* CONFIMRED

by PieEater » 06 Jan 2024 12:46

tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

Ten Bobsworth
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Re: TAKEOVER *NOT* CONFIMRED

by Ten Bobsworth » 06 Jan 2024 13:10

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


I think he's trying to cut his losses whilst trying to find some other Pollyanna with money to burn.
I have no doubt that Reading have supporters that can read a balance sheet? Do any of them ever post on this site?

Royal_jimmy
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Re: TAKEOVER *NOT* CONFIMRED

by Royal_jimmy » 06 Jan 2024 13:46

I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.

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Franchise FC
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Re: TAKEOVER *NOT* CONFIMRED

by Franchise FC » 06 Jan 2024 17:09

PieEater
tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

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tmesis
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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 17:35

Franchise FC
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tmesis Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

More seriously, the league wouldn't need to expel the club if it was liquidated, as it would completely cease to exist.

History has shown that the courts are traditionally reluctant to agree to winding up orders for football clubs though.

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