CONFRIMED: Latest rumours Confrimed as Unconfrimed

[rabidbee]

Another slightly more topical pub quiz answer for you, despite being massive, China is all in the same timezone (Beijing's). Depending where you are in China, you can be anything up to one hour behind or three hours ahead of local solar time.

[rightroyalkneesup2]

Another slightly more topical pub quiz answer for you, despite being massive, China is all in the same timezone (Beijing's). Depending where you are in China, you can be anything up to one hour behind or three hours ahead of local solar time.

Aah of course! Thank you.

[Sutekh]

Just an fyi. This karbota chap the resident racist. Who hasn’t been managed by the moderation team. Pretty much the only mod we have is now actively engaging with him ^ forbury lion in case you didn’t know is a mod.

Well Graham the site founder and owner is now running a poll for a new mod.

https://hobnob.royals.org/forum/viewtop ... 8&t=191590

Part of my manifesto is to sort this karbota out, once and for all. And I’m the only person who is saying they will. So vote for me on the above link and let’s get this racist off our board once and for all.

Seriously I’m not joking, I’ll sort this out sharpish. Make sure dd is kept in check and sort Nath St Paul’s aggressive posting out.

We haven’t had a new mod in probably 10 years now it’s your only chance to get the right person in who will actually do something. Or you can have another 10 years of the team board being ruined by a select few.

A vote for brogue is a vote for change.

I would also like to say vote Brogue for mod.

He is the only man who can beat John Madejski’s Wallet. JMW needs to be stopped because he is virulently anti rotary washing line. I repeat he hates rotary washing lines and the people who own and use them.

What is his stance on cyclists with headcams and caravan owners?

[Sutekh]

Normal response from the X twats.
We want the club to tell us something, *club release statement* that hasn`t told us anything.

Ffs, what do these 13 year olds want?

[Sutekh]

I casually thought that there were 24, but all of the places offset by fractions of an hour (Iran +3:30, Nepal +5:45) means there are shitloads. Here’s a real pub quiz answer for you. Kiribati lies in all four hemispheres, and at +14 hours, parts of it are a full 26 hours ahead of other places on the same longitude.

No idea if Dai has been holed up there, though.

Kiribati (pronounced Kiribass) is a former British colony that is made up of several islands and atolls dispersed over a wide area of the Pacific. Must go there as being 26 hours ahead means you should get the news of the sale completing before anyone else on here and make everyone think you are ITK.

[Sutekh]

https://www.readingfc.co.uk/news/2024/august/30/deadline-day-statement/

Reading Football Club would like to provide an update on the proposed takeover of the club.

Over several months the owner and potential purchaser, alongside the EFL, have been working extensively on ensuring the completion of the deal – with the prospective owner cleared by the governing body to take over the club.

All parties had hoped to have the takeover completed ahead of the transfer window deadline this evening, however the complexities of the deal have prevented this from happening.

The takeover has involved the transfer of multiple properties, both physical and intellectual. In addition to these assets in question, the stakeholders involved are located across 14 time zones worldwide, with multiple local laws and legislation needing to be abided by.

In regards to potential signings this window, discussions remain ongoing, with staff members at the club working tirelessly to strengthen the playing squad before this evening’s 11pm deadline.

More to the point how on earth did he manage to spread bits of the club into the hands of stakeholders across 14 timezones? And who are these stakeholders? Surely there should be regulations to prevent that?

[Norfolk Royal]

Ah that’s worth knowing. It’s pretty obvious with all those time zones that the deal is going to take some time. You’ve only got to make one mistake on the TZ and that meeting in a shady corner of a provincial airport in China is off.

[Royal Ginger]

There is a 14 hour time difference between Thailand and Los Angeles.

[Clyde1998]

Normal response from the X twats.
We want the club to tell us something, *club release statement* that hasn`t told us anything.

Ffs, what do these 13 year olds want?

Only the takeover to be complete.
And us to sign a new player each time we have a bad game.
And us to win every game.
And us to be promoted to the Championship.
And us to win every game.
And us to be promoted to the Premier League.
And us to win every game.
And us to win the Premier League.
And us to win the Champions League.
And us to do it every season.
And no-one questioning anything they say.
And anything else they say happening instantly.

Something like that.

[Clyde1998]

There is a 14 hour time difference between Thailand and Los Angeles.

Wouldn't be surprised if the statement has mis-worded that and simply meant they're dealing with a fourteen hour time difference between the most extreme time zones they're dealing with (as opposed to fourteen unique time zones).

[Clyde1998]

Not the statement we all wanted, but still a good one. Sounds like Couhig remains committed, EFL approval is a big deal, and main hold up seems to be admin and process.

I agree. The statement noting we have EFL approval is the biggest news and suggests there won't be any delay once (and if) the deal gets completed.

[Orion1871]

They're never going to please anyone with statements like that, so no point releasing them. They've made statements before and Dai's actions have undermined them completely. Remember Bowen saying the worst over, a year or so ago?

Takeover completed is the only statement that matters.

[Orion1871]

Also.

Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him.

This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology.

[WestYorksRoyal]

I hope all this work is helping take us back to a simple structure. Couhig owns the club, and the club owns everything. Bearwood, SCL all under one structure. Perhaps the Thais are involved and the hotel and car park are involved too. I've lost track of who owns what, it would be great if it's being sorted.

[rabidbee]

Also.

Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him.

This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology.

Well, yeah, but maybe the multi millionaires (or indeed their lawyers) aren’t prepared to go into the office at 2am to respond to communications immediately with someone at noon in another time zone, so it all adds days (especially if this isn’t the only, or even the most important, concern in somebody’s business).

[ILoveMoonPig]

Also.

Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him.

This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology.

That is true, but when you factor in two sets of lawyers and translators, plus the EFL and regulatory bodies on top of the timezone, it's hard to believe it's only taken 5 months to get this far.

[AthleticoSpizz]

Yeah agree, but let’s not get this thread anywhere near back to relevancy whilst there is an ‘election’ on eh Rabidee?

Leon’s a rwat…but a nice twat…..and our twat too

He has no place being a moderator

So why did you vote for me you silly fcuker.

purely out of spite

[Linden Jones' Tash]

Also.

Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him.

This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology.

That is true, but when you factor in two sets of lawyers and translators, plus the EFL and regulatory bodies on top of the timezone, it's hard to believe it's only taken 5 months to get this far.

It's gonna be more than two sets, there will be multiple layers of legal teams for the different investors, entities providing the funding, plus this seems to also involve various plots of land as well as the IP (club).

I've been involved in so called "simple M&A deals" and the number of people and intermediaries involved is always more than you'd imagine

[Orion1871]

Also.

Dai has cited Chinese banks and laws as excuses for not performing his duties as an owner so many times now that, even if he's telling the truth, it's difficult to believe him.

This is the 2020s, not the 1820s. Timezones are not an adequate excuse with modern communication technology.

That is true, but when you factor in two sets of lawyers and translators, plus the EFL and regulatory bodies on top of the timezone, it's hard to believe it's only taken 5 months to get this far.

Agreed. Like I say, he's cried wolf so many times that he's lost any benefit of the doubt people might be willing to give him.

[Linden Jones' Tash]

I hope all this work is helping take us back to a simple structure. Couhig owns the club, and the club owns everything. Bearwood, SCL all under one structure. Perhaps the Thais are involved and the hotel and car park are involved too. I've lost track of who owns what, it would be great if it's being sorted.

In the modern world of finance where none of the monies will actually belong to the figurehead 'owner' it's doubtful this will happen - it's gonna be some tax efficient opaque structure to minimise risk ... we ain't in Kansas anymore (or even Louisiana)