CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Sutekh
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Re: TAKEOVER *NOT YET* CONFIMRED

by Sutekh » 17 Jul 2024 19:10

Mid Sussex Royal
Pepe the Horseman All the fake itk accounts immediately shat on by James Earnshaw.


What exactly does he bring to the table? And Dellor too, has the cheek to call himself the senior sports journo in Berks.

The recent news re the women's team and the takeover were from the national press.

They need to step up....


Agreed, wouldn't have happened with the hound on the case but then that's when we actually had a decent local paper.

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Re: TAKEOVER *NOT YET* CONFIMRED

by SouthDownsRoyal » 18 Jul 2024 08:45

On Strings Uncomfirmed rumours on X that staff have been told the deal is done; so I guess we just wait for the EFL to sign off, and we're done.

#NoWearing


New away kit is about the only thing that will be announced m7

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Re: TAKEOVER *NOT YET* CONFIMRED

by Sutekh » 18 Jul 2024 11:35

SouthDownsRoyal
On Strings Uncomfirmed rumours on X that staff have been told the deal is done; so I guess we just wait for the EFL to sign off, and we're done.

#NoWearing


New away kit is about the only thing that will be announced m7


That's the "deal" to which they were referring.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Royals and Racers » 18 Jul 2024 13:23

Tim Dellor posted update on X

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Re: TAKEOVER *NOT YET* CONFIMRED

by The Royal Forester » 18 Jul 2024 13:29

Royals and Racers Tim Dellor posted update on X

As I am a dinosaur and don't do X or suchlike, what did he say? Please.


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Re: TAKEOVER *NOT YET* CONFIMRED

by Hendo » 18 Jul 2024 13:31

A @ReadingFC update. I’m told still lots of work to do if deal to be finalised within 10 days. Rob Couhig believes he can take over in that time, but EFL need convincing he has required funds and 2 year plan, and there’s a final meeting with DY to agree final terms pending. I’ll have more on @BBCSport later, but as we know it’s a consortium - Chiron. Other’s waiting in the wings if there’s an opportunity. Couhig looking at how can reduce costs/losses @ReadingFC. Has met players and staff and will keep RS in place.


https://x.com/TimDellor/status/1813907699953983828
https://x.com/TimDellor/status/1813909733050380530

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Re: TAKEOVER *NOT YET* CONFIMRED

by The Royal Forester » 18 Jul 2024 14:12

Thanks. All we need to do now is keep our fingers crossed that the EFL will be convinced. (and Dai doesn't move the goalposts!)

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Who Moved The Goalposts?
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Re: TAKEOVER *NOT YET* CONFIMRED

by Who Moved The Goalposts? » 18 Jul 2024 15:25

Hendo
A @ReadingFC update. I’m told still lots of work to do if deal to be finalised within 10 days. Rob Couhig believes he can take over in that time, but EFL need convincing he has required funds and 2 year plan, and there’s a final meeting with DY to agree final terms pending. I’ll have more on @BBCSport later, but as we know it’s a consortium - Chiron. Other’s waiting in the wings if there’s an opportunity. Couhig looking at how can reduce costs/losses @ReadingFC. Has met players and staff and will keep RS in place.


https://x.com/TimDellor/status/1813907699953983828
https://x.com/TimDellor/status/1813909733050380530


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.

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Re: TAKEOVER *NOT YET* CONFIMRED

by RG30 » 18 Jul 2024 15:28



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Re: TAKEOVER *NOT YET* CONFIMRED

by WestYorksRoyal » 18 Jul 2024 15:32

Someone has leaked to Dellor to cool expectations, and warn Couhig et. al not to fcuk about with the price at the last minute.

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Re: TAKEOVER *NOT YET* CONFIMRED

by PieEater » 18 Jul 2024 15:39

Who Moved The Goalposts?
Hendo
A @ReadingFC update. I’m told still lots of work to do if deal to be finalised within 10 days. Rob Couhig believes he can take over in that time, but EFL need convincing he has required funds and 2 year plan, and there’s a final meeting with DY to agree final terms pending. I’ll have more on @BBCSport later, but as we know it’s a consortium - Chiron. Other’s waiting in the wings if there’s an opportunity. Couhig looking at how can reduce costs/losses @ReadingFC. Has met players and staff and will keep RS in place.


https://x.com/TimDellor/status/1813907699953983828
https://x.com/TimDellor/status/1813909733050380530


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.


Appropriately named comment. The EFL making up Goalposts to scupper us. Surely there's no precident for anyone stumping up 2 years of funding, especially when a lot of clubs rely on transfer revenue for future funds.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Lower West » 18 Jul 2024 15:46

WestYorksRoyal Someone has leaked to Dellor to cool expectations, and warn Couhig et. al not to fcuk about with the price at the last minute.


"Couhig is already exploring every possible way to save money at Reading FC."

Sounds like a bucket of cold water. New owners but a long long road lies ahead.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Ascotexgunner » 18 Jul 2024 15:49



At the end of the day all of that I've heard.... Except the Ainsworth angle.
It's clear that if they take over, Selles will have to start the season really well or he maybe gone. I honestly think these owners aims will be to make us a bargain basement Championship club.....mind you still better than where we are.


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Re: TAKEOVER *NOT YET* CONFIMRED

by WestYorksRoyal » 18 Jul 2024 15:55

Ascotexgunner


At the end of the day all of that I've heard.... Except the Ainsworth angle.
It's clear that if they take over, Selles will have to start the season really well or he maybe gone. I honestly think these owners aims will be to make us a bargain basement Championship club.....mind you still better than where we are.

I don't really mind. What the past couple of years has taught me is that so long as we have a likeable team fighting for the badge, I'll be happy. Last season was miserable off the pitch, but ultimately one of the most enjoyable off it (I've erased the autumn where it was disintegrating on and off the pitch all at once from my memory).

You probably have to go back to 2012 for a season I enjoyed more, even though we experienced our lowest finish in about 30 years.

If our incoming owners make cuts and don't show "ambition", I'm fine with that if they make us sustainable and secure our future. Just give me a team worth watching every Saturday.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Franchise FC » 18 Jul 2024 16:48

Who Moved The Goalposts?
Hendo
A @ReadingFC update. I’m told still lots of work to do if deal to be finalised within 10 days. Rob Couhig believes he can take over in that time, but EFL need convincing he has required funds and 2 year plan, and there’s a final meeting with DY to agree final terms pending. I’ll have more on @BBCSport later, but as we know it’s a consortium - Chiron. Other’s waiting in the wings if there’s an opportunity. Couhig looking at how can reduce costs/losses @ReadingFC. Has met players and staff and will keep RS in place.


https://x.com/TimDellor/status/1813907699953983828
https://x.com/TimDellor/status/1813909733050380530


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.

That does raise the interesting scenario that, should Chiron say ‘no chance’ to depositing that sort of cash, the EFL would, effectively, be signing the club’s death warrant because they’d be left with Dai and absolutely no chance of such cash being forthcoming

Whilst I think they’ve simply been applying the rules voted for by the clubs themselves, adding a layer of their own in that way would strike me as counterproductive and leave them open to some real, and probably deserved, criticism

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Re: TAKEOVER *NOT YET* CONFIMRED

by traff » 18 Jul 2024 17:08

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Who Moved The Goalposts?


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.

That does raise the interesting scenario that, should Chiron say ‘no chance’ to depositing that sort of cash, the EFL would, effectively, be signing the club’s death warrant because they’d be left with Dai and absolutely no chance of such cash being forthcoming

Whilst I think they’ve simply been applying the rules voted for by the clubs themselves, adding a layer of their own in that way would strike me as counterproductive and leave them open to some real, and probably deserved, criticism


Like all of the football governing bodies they appear to be deaf to criticism, happy to dish out penalties (regardless of the ramifications) as they operate with a dictatorial impunity. When it comes to supporting clubs in distress all I ever hear is rhetoric and soundbites without any substantiative support.
Until they have a masterstroke idea like 17:30 KO times on first day of the season, pure genius.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Snowflake Royal » 18 Jul 2024 17:44

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Who Moved The Goalposts?


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.


Appropriately named comment. The EFL making up Goalposts to scupper us. Surely there's no precident for anyone stumping up 2 years of funding, especially when a lot of clubs rely on transfer revenue for future funds.

A lot of clubs being taken over probably have better income to costs.

The Academy, plus maintaining Bearwood and the Madejski is pretty huge. And we'll have a fairly top end L1 wage bill

Any credible plan pretty much has to involve seriously downgrading the Academy in at least the short term. And looking to cash in on something close to a player a year to the tune of hundreds of thousands, if not low millions.

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Re: TAKEOVER *NOT YET* CONFIMRED

by Mid Sussex Royal » 18 Jul 2024 17:46

It might just be though that Chiron or whoever it is have only proved they have the money to purchase the club, so maybe the EFL are right to ask questions around ongoing funding.

It's not as if someone like Elon Musk or the Wrexham yanks are buying us

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Re: TAKEOVER *NOT YET* CONFIMRED

by Crusader Royal » 18 Jul 2024 17:49

PieEater
Who Moved The Goalposts?


That's what I've heard, but with the additional nugget that the EFL wants not just a 2 year plan but also 2 years cash in an account in advance. The last minute details to be sorted with Dai are, I'm told, relatively minor.


Appropriately named comment. The EFL making up Goalposts to scupper us. Surely there's no precident for anyone stumping up 2 years of funding, especially when a lot of clubs rely on transfer revenue for future funds.


They can’t expect the full cost of running a club for 2 years to be put into an account.
I could understand if a 2 year plan indicates a shortfall between income and expenditure and the EFL Want that amount covered.
If the consortium then maximise revenue and/ or minimise costs they may never need to touch the cash.

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Re: TAKEOVER *NOT YET* CONFIMRED

by WestYorksRoyal » 18 Jul 2024 18:32

Isn't it good that the EFL are being firm with buyers? If you're not willing to commit to stabilising us over 2 years, what are you doing buying us? This ensures we'll be more secure, and if this group can't meet their demands there are other interested parties.

Wasn't the world meant to cave in for Everton if 777 were blocked, but now they're on a path to a better owner.

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