TAKEOVER *NOT* CONFIMRED

[Linden Jones' Tash]

the accounts to the end of June 2023 are due by the 30 June 2024

what happens on that date will be interesting - not so much for their content, but whether they are delayed or not.

[Green]

the accounts to the end of June 2023 are due by the 30 June 2024

what happens on that date will be interesting - not so much for their content, but whether they are delayed or not.

What will that tell us?

[stealthpapes]

that they've been delayed.

[Green]

[LUX]

or not.

[Forbury Lion]

the accounts to the end of June 2023 are due by the 30 June 2024

what happens on that date will be interesting - not so much for their content, but whether they are delayed or not.

What will that tell us?

The content could be interesting, but I imagine Liverpool University's Kieran Maguire will read them and offer a some useful comment on them before any of us can even work out how to download a copy, so we may as well just see what he has to say.

[Sutekh]

the accounts to the end of June 2023 are due by the 30 June 2024

what happens on that date will be interesting - not so much for their content, but whether they are delayed or not.

What will that tell us?

The content could be interesting, but I imagine Liverpool University's Kieran Maguire will read them and offer a some useful comment on them before any of us can even work out how to download a copy, so we may as well just see what he has to say.

Given the club is in the process of being flogged they most likely won't be there to read at the end of June.

[RoyalBlue]

What will that tell us?

The content could be interesting, but I imagine Liverpool University's Kieran Maguire will read them and offer a some useful comment on them before any of us can even work out how to download a copy, so we may as well just see what he has to say.

Given the club is in the process of being flogged they most likely won't be there to read at the end of June.

I'm unsure why that should be the case, other than due to yet further p*ss poor business management.

[Sutekh]

The content could be interesting, but I imagine Liverpool University's Kieran Maguire will read them and offer a some useful comment on them before any of us can even work out how to download a copy, so we may as well just see what he has to say.

Given the club is in the process of being flogged they most likely won't be there to read at the end of June.

I'm unsure why that should be the case, other than due to yet further p*ss poor business management.

Stranded commented a few pages ago:

I believe I read somewhere, but could be wrong, that there is a loophole when it comes to submitting accounts that is being used - I believe because there is a potential sale underway - accounts would only need to be submitted once the sale is complete.

Again may be completly wrong, but seem to recall Kieran Maguire stating something along those lines in a tweet.

[Linden Jones' Tash]

Given the club is in the process of being flogged they most likely won't be there to read at the end of June.

I'm unsure why that should be the case, other than due to yet further p*ss poor business management.

Stranded commented a few pages ago:

I believe I read somewhere, but could be wrong, that there is a loophole when it comes to submitting accounts that is being used - I believe because there is a potential sale underway - accounts would only need to be submitted once the sale is complete.

Again may be completly wrong, but seem to recall Kieran Maguire stating something along those lines in a tweet.

And presumably HMRC would require something more tangible than Nigel Howe's word that something is progressing - so it would be a sign given the skepticism around whether a sale is actually being envisaged....

In my experience (outside football), none of these processes (doing due diligence, getting lawyers to talk turkey etc.) are cost free, so you have to pay to play.

[Forbury Lion]

Given the club is in the process of being flogged they most likely won't be there to read at the end of June.

I'm unsure why that should be the case, other than due to yet further p*ss poor business management.

Stranded commented a few pages ago:

I believe I read somewhere, but could be wrong, that there is a loophole when it comes to submitting accounts that is being used - I believe because there is a potential sale underway - accounts would only need to be submitted once the sale is complete.

Again may be completly wrong, but seem to recall Kieran Maguire stating something along those lines in a tweet.

You can extend you financial year beyond 12 months.

Typically this is often done to align with a new parent companies end of year, to match the tax year or to match the calendar year, However this is in regards to the legal accounts, not the footballing accounts required for FFP etc which define when a season starts and ends, so it's more hassle than it's worth to run two sets of account to two different year ends.

[morganb]

James Earnshaw on Twitter
.

I am told that a US-Saudi consortium, who have held a long-term interest in acquiring the club, have lodged a formal bid in excess of £30m. I understand that this is the largest bid received to date. #readingfc remain in talks with multiple parties. https://www.readingchronicle.co.uk/spor ... turn-fold/

https://x.com/james_e1871/status/179939 ... Rj9SQ&s=19

[WestYorksRoyal]

What a roller coaster. I'm beyond following all the twists and turns and trying to 2nd guess what comes next. I'll enjoy the Euros and then hopefully things come together for the new season.

[RoyalBlue]

What a roller coaster. I'm beyond following all the twists and turns and trying to 2nd guess what comes next. I'll enjoy the Euros and then hopefully things come together for the new season.

That's how desperate things have become - relying on England performing well in the Euros to cheer us up from the misery surrounding our club!

[WestYorksRoyal]

What a roller coaster. I'm beyond following all the twists and turns and trying to 2nd guess what comes next. I'll enjoy the Euros and then hopefully things come together for the new season.

That's how desperate things have become - relying on England performing well in the Euros to cheer us up from the misery surrounding our club!

Tbf they've got better. It's like a pair of balancing scales with Reading FC and England. Reading used to be good and England brought guaranteed disappointment, now it's closer to the other way around. One difference being that Reading actually won the Championship. Twice.

[Armadillo Roadkill]

Hmm. Being owned by Saudis and US-based venture capitalists. What a prospect. It makes me literally, not metaphorically, sick. The club might survive, even prosper, but at what cost?

Football has an ownership problem, and a takeover like this will not solve it.

[South Coast Royal]

Not the richest of Saudis then when there needs to be others involved to come up with "only" £30 million.

[Sutekh]

Not the richest of Saudis then when there needs to be others involved to come up with "only" £30 million.

Which middle eastern country's government are behind them? And will they be able to attract Salah to finish his career here?

[Mid Sussex Royal]

This is the same group that were interested in the spring as reported by Eddie ITK. Mark Bircham is behind it.

[Snowflake Royal]

The Saudi's can oxf*rd off. Straight back to being the playing thing of immoral arsehats where money is a joke.