#SellBeforeWeDai (to someone fit and proper)“ supporters action group

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YorkshireRoyal99
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by YorkshireRoyal99 » 08 Jan 2024 09:58

Snowflake Royal
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Snowflake Royal Is the bleeding obvious point.


Yes but you made it out as if nobody would be interested in buying the club if we were being hit with points deductions. Well no, the current interested parties may lose interest if we dropped to L2, but new parties might come to the fold.

Most people here are capable of working out that the consequences of abandoned games and subsequent points deductions for a team in the relegation zone is relegation.

We also become much less attractive to buy in L2 because our infrastructure is unsustainable at that level even relatively short term.

Why buy L2 Reading with its expensive stadium and training ground, which you won't start breaking even on without two promotions, when you can buy a different L2 club for a couple of million and grow it. Dai is resisting selling for a L1 price, he's not going to sell for a L2 one, he'll liquidate the club (like he has twice before) or be barred from ownership and have us kicked out the league before we'd get anywhere with unlikely L2 buyers.


It depends on the situation though I guess. I'm not disagreeing that it's a harder sell in L2, particularly if Dai continues to hold out for ridiculous prices, but there might be someone who see's it as an opportunity to take the club on, Mike Ashley for instance could pick it up for a penny and turn us into something again.

Other clubs with large running costs have dropped down to L2 level and have had someone fund them, Bolton and Coventry for example. Not direct comparisons as they weren't actively selling the club at the time, but still the same principle of big grounds for that level and large running costs but worked their way back up.

Your scenario could happen, although it's not against the realms of possibility that we can find new ownership in L2, if Dai plays ball that is.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by WestYorksRoyal » 08 Jan 2024 10:13

So much speculation on how Dai will act. If he was acting rationally, he'd have accepted the Genevra bid which was rumoured at c. £30m and fcuked off. He'll never get a better offer. Do we know what his plan is? Definitely not. Should we be extremely concerned about how this ends? Definitely.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Sutekh » 08 Jan 2024 10:18

WestYorksRoyal So much speculation on how Dai will act. If he was acting rationally, he'd have accepted the Genevra bid which was rumoured at c. £30m and fcuked off. He'll never get a better offer. Do we know what his plan is? Definitely not. Should we be extremely concerned about how this ends? Definitely.


Does anyone think that he does?

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by WestYorksRoyal » 08 Jan 2024 10:22

Sutekh
WestYorksRoyal So much speculation on how Dai will act. If he was acting rationally, he'd have accepted the Genevra bid which was rumoured at c. £30m and fcuked off. He'll never get a better offer. Do we know what his plan is? Definitely not. Should we be extremely concerned about how this ends? Definitely.


Does anyone think that he does?

Most plausible explanation is that it's all a game to him and he'll sell if he can strike a deal he perceives as a "win". Sadly I don't see that happening, it would take a stupid offer.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Ten Bobsworth » 08 Jan 2024 11:06

WestYorksRoyal So much speculation on how Dai will act. If he was acting rationally, he'd have accepted the Genevra bid which was rumoured at c. £30m and fcuked off. He'll never get a better offer. Do we know what his plan is? Definitely not. Should we be extremely concerned about how this ends? Definitely.


£30m? Are you sure it wasn't Laurence Bassini?

https://www.theguardian.com/football/20 ... ngham-city


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Lower West
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Lower West » 08 Jan 2024 13:05

Extended-Phenotype Short the stock of Renhe Commercial Holdings Company Limited? Has anybody seen Trading Places? A man got raped by a gorilla in that.


That's somewhat problematic. Became the China Dili Group a few years back. The shares have been suspended since the end of October 2022. While financial irregularities are being investigated by external accountants. Selling shares therefore to fund the clubs operations hasn't been an option for Dai. What they'll be worth in the future who knows. Odds on he's no longer a billionaire though. In China he's most likely likely lost face. Hence the lack of public visibility.

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From Despair To Where?
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by From Despair To Where? » 08 Jan 2024 14:38

The gorilla it is then.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Sutekh » 08 Jan 2024 17:32

From Despair To Where? The gorilla it is then.


In for this, would make for a damn better owner!

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by stealthpapes » 08 Jan 2024 17:43

tbf, you don't see him put it in.


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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Royal_jimmy » 08 Jan 2024 18:24

Snowflake Royal
YorkshireRoyal99
Snowflake Royal Is the bleeding obvious point.


Yes but you made it out as if nobody would be interested in buying the club if we were being hit with points deductions. Well no, the current interested parties may lose interest if we dropped to L2, but new parties might come to the fold.

Most people here are capable of working out that the consequences of abandoned games and subsequent points deductions for a team in the relegation zone is relegation.

We also become much less attractive to buy in L2 because our infrastructure is unsustainable at that level even relatively short term.

Why buy L2 Reading with its expensive stadium and training ground, which you won't start breaking even on without two promotions, when you can buy a different L2 club for a couple of million and grow it. Dai is resisting selling for a L1 price, he's not going to sell for a L2 one, he'll liquidate the club (like he has twice before) or be barred from ownership and have us kicked out the league before we'd get anywhere with unlikely L2 buyers.


Because by running us sensibly a decent owner would get us back to the championship regardless. Why buy a club like Crawley, Walsall or Accrington who are near their ceiling over Reading with our potential, fanbase and proximity to London. Ok Crawley have London proximity but they've had no success on the pitch above the lower leagues.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Royal_jimmy » 08 Jan 2024 18:29

I'd love nothing more for Dai to become bankrupt and have to sell us for next to nothing

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Snowflake Royal » 08 Jan 2024 18:33

You say sustainably, but at L2, that's not possible with our infrastructure.


How many clubs our size or bigger have struggled to get back to the Champ just from L1, loads take 5/6 years just from there.

Hell of a long time to risk waiting seein any possibility of a returnon investment.

Fo down and the chance of bouncing back quickly to the Champ is well and truly gone.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Uke » 08 Jan 2024 19:51

stealthpapes tbf, you don't see him put it in.


But the pain in the eyes suggest a barely lubed cock...



#tapin


YorkshireRoyal99
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by YorkshireRoyal99 » 09 Jan 2024 09:12

Snowflake Royal You say sustainably, but at L2, that's not possible with our infrastructure.


How many clubs our size or bigger have struggled to get back to the Champ just from L1, loads take 5/6 years just from there.

Hell of a long time to risk waiting seein any possibility of a returnon investment.

Fo down and the chance of bouncing back quickly to the Champ is well and truly gone.


It depends on the scenario and the club. It will likely take a few seasons to do if it was to happen where we dropped to L2 and had to really cost cut our assets like the academy, but clubs can eventually work their way back if they are run correctly.

Peterborough's owner once said on TalkSport that Mike Ashley could have us back in the PL within 6 years (I think?), even if he took us over in L2. Not to say he's mystic meg or anything, but it shows the perception people have about us, with stable ownership.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Snowflake Royal » 09 Jan 2024 09:26

Six years is a hell of a long time in football.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Brogue » 09 Jan 2024 10:01

Snowflake Royal Six years is a hell of a long time in football.


you're only as good as your last result

YorkshireRoyal99
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by YorkshireRoyal99 » 09 Jan 2024 10:05

Snowflake Royal Six years is a hell of a long time in football.


Without context it is. If Mike Ashley took us from L2 to the PL in six years, that would be an incredible achievement. Up there with Jay Cartwright's managerial career tbh.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by WestYorksRoyal » 09 Jan 2024 10:13

YorkshireRoyal99
Snowflake Royal You say sustainably, but at L2, that's not possible with our infrastructure.


How many clubs our size or bigger have struggled to get back to the Champ just from L1, loads take 5/6 years just from there.

Hell of a long time to risk waiting seein any possibility of a returnon investment.

Fo down and the chance of bouncing back quickly to the Champ is well and truly gone.


It depends on the scenario and the club. It will likely take a few seasons to do if it was to happen where we dropped to L2 and had to really cost cut our assets like the academy, but clubs can eventually work their way back if they are run correctly.

Peterborough's owner once said on TalkSport that Mike Ashley could have us back in the PL within 6 years (I think?), even if he took us over in L2. Not to say he's mystic meg or anything, but it shows the perception people have about us, with stable ownership.

Let's say the goal is to make us a top half Championship side who use our academy to punch above our weight and even be sustainable if we sell players well.

Well to do that, you can't cut our operations too much, meaning we'll definitely be unsustainable in L1/L2. So let's say you need £5m to maintain it in L1, rising to £7m in L2.

Relegation this season makes the Championship at least 2 or 3 years further away. It probably means a 5 year plan instead of a 2 year plan. So even if the vision is there, a new owner is looking at an extra £15m - £20m more investment to get us back into the Championship compared to if we survive. Which makes us less appealing. And it's a real dilemma, as reducing the cost base realistically means cutting our academy, our biggest asset but which is not something we can sustain outside the Championship.

YorkshireRoyal99
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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by YorkshireRoyal99 » 09 Jan 2024 10:40

WestYorksRoyal
YorkshireRoyal99
Snowflake Royal You say sustainably, but at L2, that's not possible with our infrastructure.


How many clubs our size or bigger have struggled to get back to the Champ just from L1, loads take 5/6 years just from there.

Hell of a long time to risk waiting seein any possibility of a returnon investment.

Fo down and the chance of bouncing back quickly to the Champ is well and truly gone.


It depends on the scenario and the club. It will likely take a few seasons to do if it was to happen where we dropped to L2 and had to really cost cut our assets like the academy, but clubs can eventually work their way back if they are run correctly.

Peterborough's owner once said on TalkSport that Mike Ashley could have us back in the PL within 6 years (I think?), even if he took us over in L2. Not to say he's mystic meg or anything, but it shows the perception people have about us, with stable ownership.

Let's say the goal is to make us a top half Championship side who use our academy to punch above our weight and even be sustainable if we sell players well.

Well to do that, you can't cut our operations too much, meaning we'll definitely be unsustainable in L1/L2. So let's say you need £5m to maintain it in L1, rising to £7m in L2.

Relegation this season makes the Championship at least 2 or 3 years further away. It probably means a 5 year plan instead of a 2 year plan. So even if the vision is there, a new owner is looking at an extra £15m - £20m more investment to get us back into the Championship compared to if we survive. Which makes us less appealing. And it's a real dilemma, as reducing the cost base realistically means cutting our academy, our biggest asset but which is not something we can sustain outside the Championship.


But then you do cut your cloth accordingly. Losing our Cat One academy status in L2 doesn't mean we couldn't work to earn this back in L1 and above again, for example. A new owner might say to hell with the academy and we will just pick up players who are released from the bigger clubs when they are 19-21 years old if they are good enough to play for us, rather than develop our own. Not something I'd do, but something that could happen.

If the academy is going to be that much of an expense to us, then we simply can't have it. If that makes the club more sustainable in the short-term, whilst working to improve our academy in the long-term (assuming a new owner wants that), then that's fine.

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Re: “ Sell before we Dai (to someone fit and proper)“ supporters action group v2.3b sponsored by Sports Direct Tennis Ba

by Snowflake Royal » 09 Jan 2024 10:54

It's pretty incredible that YR is managing to bang on to this extent that 'It's all fine guv' based purely off of the suggestion that getting games abandoned, and the natural consequences of that, at this stage would be counter productive and drive away parties interested in buying us.

Something which hardly can be seen as a controversial viewpoint.

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