CONFRIMED: Latest rumours Confrimed as Unconfrimed

[Sutekh]

Looking forward to being able to Cheeron Reading next season.

[windermereROYAL]

Somebody has posted a video of Lee Johnson in the upper west today...don`t even think about it.

[From Despair To Where?]

Good Lord, no.

[WestYorksRoyal]

Somebody has posted a video of Lee Johnson in the upper west today...don`t even think about it.

If they do that on day 1, I'm creating Sell Before We Have Nobody to Cheer-on.

[Hound]

He’ll be just scouting for someone I’d imagine.

[SouthDownsRoyal]

When will this be done?

[Stranded]

When will this be done?

When it's done.

[Snowflake Royal]

If we get to 20th May with no more significant news, then might be time to get a bit nervous.

[Hendo]

Yeah, it's not time to hit the panic button just yet.

Especially after a couple of small positive bits of news which has come out after over the last couple of weeks.

[SouthDownsRoyal]

When will this be done?

When it's done.

Thanks

[WestYorksRoyal]

Based off no ITK knowledge, I'm predicting Friday 10 May. 6 weeks + 3 days after exclusivity announced. You heard it here first.

[savage 4 england]

6 weeks is a pretty short timeframe to get a transaction completed. So I wouldn't worry too much at this stage.

[royalgent]

Following up on previous Companies House observations, it looks like new Articles of Association have just been added to the Club’s page - https://find-and-update.company-informa ... ng-history

Could be nothing, but seems incredibly unlikely it would be anything but takeover related….

[Royals and Racers]

Following up on previous Companies House observations, it looks like new Articles of Association have just been added to the Club’s page - https://find-and-update.company-informa ... ng-history

Could be nothing, but seems incredibly unlikely it would be anything but takeover related….

And a document headed resolutions.

[royalgent]

Following up on previous Companies House observations, it looks like new Articles of Association have just been added to the Club’s page - https://find-and-update.company-informa ... ng-history

Could be nothing, but seems incredibly unlikely it would be anything but takeover related….

And a document headed resolutions.

If I were speculating, it could be an amendment to the articles / a board resolution for the same, to ensure that a sale of the minority shareholding held by the Thais can be forced through at the same time Dai sells.

[WestYorksRoyal]

Following up on previous Companies House observations, it looks like new Articles of Association have just been added to the Club’s page - https://find-and-update.company-informa ... ng-history

Could be nothing, but seems incredibly unlikely it would be anything but takeover related….

Yep, impossible that this is a coincidence. All signs are pointing to this happening, though usual caveats apply.

[royalgent]

It could also be as boring as amending the articles to remove or qualify the right of the directors to block a transfer of shares - which would have made the charge held over Renhe’s Reading Fc shares pretty useless.

[blythspartan]

Someone on Twitter has mentioned that this has happened 3 times in the last 23 years and that on 2 occasions it was due to a change of ownership.

[Clyde1998]

Someone on Twitter has mentioned that this has happened 3 times in the last 23 years and that on 2 occasions it was due to a change of ownership.

Articles of association are "written rules about running the company agreed by the shareholders or guarantors, directors and the company secretary".

Scanning through the most recent document, there are explicit references to Renhe which would have to be removed for the takeover to occur. As an example:

11.2 - The quorum for Directors' meetings is two Directors, provided that at least one of the Directors is a Renhe Director. No meeting of the Directors can take place in the absence of a Renhe Director.

I think it's likely a positive sign.

[Uke]

Following up on previous Companies House observations, it looks like new Articles of Association have just been added to the Club’s page - https://find-and-update.company-informa ... ng-history

Could be nothing, but seems incredibly unlikely it would be anything but takeover related….

She’s getting herself warmed up for the climax