CONFIMRED - The final countdown

[Stranded]

I'm fairly sure we knew that already, and knew it before the recent exclusivity was announced

So Couhigs filed in the past couple of days a reply & defence to Dai's counterclaim - but currently these are filings - no hearing as at yet has occurred.

Like others have said no changes on Co. house with regard the January dated satisfaction of charges, so maybe the registrar has reviewed the basis/argument for the satisfaction and reversed his decision , per Lindon Jones Tash post ' The material was formerly considered to form part of the register but is no longer considered by the registrar to do so. This document is being processed and will be available in 10 days"

What that means , is its a notice of withdrawal of financial standing / data / Accounts that have been posted onto Co. House as a record of fact. In 10 days those (incorrect records) disappear and are updated with the latest accurate record .

Think I read somewhere that Couhig was contesting the charges had not been satisfied, and also somewhere RFC had said they'd found a way around it.

Not great.

so for a layperson - the original information has been reviewed by the registrar and found to be lacking and will be replaced within 10 days?

does it imply new information has been put forward or just that the original has only now been reviewed and found lacking?

In short, it seems that the club paid Couhig back his money plus interest and told Companies House that the liens was satisfied. Couhig has then said, err no, I expect more money to release the liens (or the club being sold to me).

Probably needs a court decision to resolve - yay!

I think Couhig probably needs to be aware be now, that even if he ends up with the club, the fanbase are going to be as wary of him as they are with Dai at this point.

[Armadillo Roadkill]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

[Snowflake Royal]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

Dai. Always Dai.

[Armadillo Roadkill]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

[tidus_mi2]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

To be fair I agree with you, Dai's ownership and initial investment was certainly influenced by the Chinese Government and out of his ownership we got:

The Good

[*]State of the art academy
[*]Commitment to a Category One Academy
[*]Funding of the Women's team to keep them competitive in the top flight
[*]Large investment into playing staff
[*]Generous ticket prices and occasional fan benefits like paying for coaches, subsidising high ticket prices for example

The Bad

[*]Heavy reliance on agents leading us to over-paying on average players and massively under-achieving based on our spend.
[*]Gutting of the scouting set up to rely on previously mentioned agents.
[*]Complete disregard of FFP rules.

The Horrible Aftermath

[*]Left with high wages for a long time and unable to offload players due to being average at best
[*]Running cost of facilities ends up being a millstone around our neck in League one
[*]Women's team thrown to the wayside
[*]Incredibly weak negotiating hand in transfers, thereby selling players below their value

Couhig on the other hand as I've said before just seemed to be looking at us as a quick flip for profit, would have improved our situation but not by a great deal, not very ambitious and now he hasn't got his way, he seems to just be doing malicious things. At least Dai initially had good intentions, even if they were essentially state-funded.

[Linden Jones' Tash]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

your analysis of the Dai situation is pretty much what I had landed on - modern football needs sugar daddies if fans want their team to compete and it rarely comes without strings or risks...

With our current dire straights, its easy to forget things like the low ST pricing, fan friendly kit designs etc - not saying it absolves him of the current plight, but until relegation from the Championship, being crap with money and choice of advisors was the key issue.

regarding the RG situation, I have no idea - my sense is that he's not a sugar daddy...

[Snowflake Royal]

I detest Dai, he's absolutely ruined us, through arrogance, incompetence and shittiness.

He's shown a complete disregard to the club, players, staff and fans. He's put us in trouble and left us to rot.

He's failed to sell us for 18 months and clearly negotiating in bad faith.

oxf*rd him.

[Royal Rother]

A thoughtful response to an excellent thought provoking post by Armadillo Roadkill.

[Sutekh]

The title of this thread might need to be changed to something less positive again. Someone on x has found out that the satisfaction of the charges regarding the shares of the club and Bearwood etc from Couhig and co have been removed from the register. Not really sure what this means for the sale of the club.

I'm fairly sure we knew that already, and knew it before the recent exclusivity was announced

So Couhigs filed in the past couple of days a reply & defence to Dai's counterclaim - but currently these are filings - no hearing as at yet has occurred.

Like others have said no changes on Co. house with regard the January dated satisfaction of charges, so maybe the registrar has reviewed the basis/argument for the satisfaction and reversed his decision , per Lindon Jones Tash post ' The material was formerly considered to form part of the register but is no longer considered by the registrar to do so. This document is being processed and will be available in 10 days"

What that means , is its a notice of withdrawal of financial standing / data / Accounts that have been posted onto Co. House as a record of fact. In 10 days those (incorrect records) disappear and are updated with the latest accurate record .

Think I read somewhere that Couhig was contesting the charges had not been satisfied, and also somewhere RFC had said they'd found a way around it.

Not great.

Can we be clear on this, is Couhig’s legal action against Reading FC or is it directly against Dai? I’m presuming it’s against Reading but just want to be sure.

[Extended-Phenotype]

Dai has sunk £200 million into the club and is trying to get out with the minimum of damage.

Couhig has lost nothing, but is wilfully jeopardising the sale, and hence the future, of the club out of vanity.

Next time there's a "Stand Up If You Hate..." moment in the SCL, I think I know who it should now be directed at.

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

It’s like reading a post on Twitter about Putin vs Zelenskyy.

“You know who the REAL dictator is…?”


“

[El Diablo]

I'm fairly sure we knew that already, and knew it before the recent exclusivity was announced

So Couhigs filed in the past couple of days a reply & defence to Dai's counterclaim - but currently these are filings - no hearing as at yet has occurred.

Like others have said no changes on Co. house with regard the January dated satisfaction of charges, so maybe the registrar has reviewed the basis/argument for the satisfaction and reversed his decision , per Lindon Jones Tash post ' The material was formerly considered to form part of the register but is no longer considered by the registrar to do so. This document is being processed and will be available in 10 days"

What that means , is its a notice of withdrawal of financial standing / data / Accounts that have been posted onto Co. House as a record of fact. In 10 days those (incorrect records) disappear and are updated with the latest accurate record .

Think I read somewhere that Couhig was contesting the charges had not been satisfied, and also somewhere RFC had said they'd found a way around it.

Not great.

Can we be clear on this, is Couhig’s legal action against Reading FC or is it directly against Dai? I’m presuming it’s against Reading but just want to be sure.

Nope, not directly. Couhigs legal action is fronted by his Redwood Holdings 1 vehicle, and is filed against Renhe Sports Management Co Ltd, which is the holding company for the Reading Football Club Group, with Dai and his Sister listed as Directors. The Holding Company owns c 98% of shares in the Reading Football Club.

[Sutekh]

So Couhigs filed in the past couple of days a reply & defence to Dai's counterclaim - but currently these are filings - no hearing as at yet has occurred.

Like others have said no changes on Co. house with regard the January dated satisfaction of charges, so maybe the registrar has reviewed the basis/argument for the satisfaction and reversed his decision , per Lindon Jones Tash post ' The material was formerly considered to form part of the register but is no longer considered by the registrar to do so. This document is being processed and will be available in 10 days"

What that means , is its a notice of withdrawal of financial standing / data / Accounts that have been posted onto Co. House as a record of fact. In 10 days those (incorrect records) disappear and are updated with the latest accurate record .

Think I read somewhere that Couhig was contesting the charges had not been satisfied, and also somewhere RFC had said they'd found a way around it.

Not great.

Can we be clear on this, is Couhig’s legal action against Reading FC or is it directly against Dai? I’m presuming it’s against Reading but just want to be sure.

Nope, not directly. Couhigs legal action is fronted by his Redwood Holdings 1 vehicle, and is filed against Renhe Sports Management Co Ltd, which is the holding company for the Reading Football Club Group, with Dai and his Sister listed as Directors. The Holding Company owns c 98% of shares in the Reading Football Club.

Cheers! So technically it isn’t Reading it’s Dai’s holding company, therefore it shouldn’t affect any purchase of the club and be something any new owner would have to fight?

[Armadillo Roadkill]

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

It’s like reading a post on Twitter about Putin vs Zelenskyy.

“You know who the REAL dictator is…?”


“

No it isn't.

The case against Putin is cut and dried and in the public domain. If someone were to argue against it they could easily be beaten with simple facts. There is no credible alternative to Putin starting the war without any justification.

I don't excuse Dai's mistakes, but I think there are lots of mitigating circumstances before just vilifying him.

What we all want is a sale and a new owner who can lead the club forward. Whatever has happened in the past, it's seems pretty clear Couhig now presents the biggest obstacle. He's not even trying to recover anything he's lost; he's just having a hissy fit after getting left at the altar, and now threatens to derail the transfer of the club to a new owner.

[El Diablo]

Can we be clear on this, is Couhig’s legal action against Reading FC or is it directly against Dai? I’m presuming it’s against Reading but just want to be sure.

Nope, not directly. Couhigs legal action is fronted by his Redwood Holdings 1 vehicle, and is filed against Renhe Sports Management Co Ltd, which is the holding company for the Reading Football Club Group, with Dai and his Sister listed as Directors. The Holding Company owns c 98% of shares in the Reading Football Club.

Cheers! So technically it isn’t Reading it’s Dai’s holding company, therefore it shouldn’t affect any purchase of the club and be something any new owner would have to fight?

It shouldn't stop the sale of any Company thats held by the sued entity, but it can certainly complicate the process, as there may well be the need to ensure the deal structure contains say , indemnities to address potential risks.

[Extended-Phenotype]

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

It’s like reading a post on Twitter about Putin vs Zelenskyy.

“You know who the REAL dictator is…?”


“

No it isn't.

The case against Putin is cut and dried and in the public domain. If someone were to argue against it they could easily be beaten with simple facts. There is no credible alternative to Putin starting the war without any justification.

I don't excuse Dai's mistakes, but I think there are lots of mitigating circumstances before just vilifying him.

What we all want is a sale and a new owner who can lead the club forward. Whatever has happened in the past, it's seems pretty clear Couhig now presents the biggest obstacle. He's not even trying to recover anything he's lost; he's just having a hissy fit after getting left at the altar, and now threatens to derail the transfer of the club to a new owner.

Like every other financial liability Dai has failed to satisfy a charge against him. It was pretty clear the takeover deal with Couhig was reneged at the last minute in breach of legal obligation to uphold the exclusivity agreement. I have no interest in Couhig, and sure I’d rather this dispute would vanish, but from the perspective of an impartial, it’s just one businessman suing another for unlawful conduct. Seems kinda futile and a bit daft to insist they drop their lawsuit for my benefit. Even more daft to blame them and not the fraud who has consistently oxf*rd our club with his misconduct.

[Clyde1998]

Dai. Always Dai.

I don’t hate Dai. I think he’s made some major mistakes, but I don’t hate him.

Xi Jinping told billionaires to go buy European football clubs, as part of his plan to build Chinese football and hold a future world cup. Ignore his directives and there’s a nasty correlation with falling from high buildings or disappearing into prison on tax charges.

Dai did as he was told. He spent £200 million of his own money. He invested in the Academy, kept ticket prices low.

Of course he doesn’t give a sh1t about football. He took awful advice from people like Kia Joorabchian and Ron Goulet. He thought they knew how to run a football club; they didn’t, and he was slow to realise that.

Xi changed his mind and started telling Chinese’s owners to sell their interests. It is widely assumed he tried to stop the haemorrhage of Chinese money propping up European football clubs. To make things worse, Dai’s fortune is heavily impacted by the Evergrand property collapse.

Dai is now stuck - even if he wanted to, he can’t spend money to keep the club afloat. He’s slow to sell the club because he hopes he can make some of his money back.

It seems he now has a credible buyer ready to go, all but for the formalities.

Couhig is fùcking around with the club and its future because his feelings got hurt.

Dai made many mistakes. Couhig is being vindictive.

To be fair I agree with you, Dai's ownership and initial investment was certainly influenced by the Chinese Government and out of his ownership we got:

The Good

[*]State of the art academy
[*]Commitment to a Category One Academy
[*]Funding of the Women's team to keep them competitive in the top flight
[*]Large investment into playing staff
[*]Generous ticket prices and occasional fan benefits like paying for coaches, subsidising high ticket prices for example

The Bad

[*]Heavy reliance on agents leading us to over-paying on average players and massively under-achieving based on our spend.
[*]Gutting of the scouting set up to rely on previously mentioned agents.
[*]Complete disregard of FFP rules.

The Horrible Aftermath

[*]Left with high wages for a long time and unable to offload players due to being average at best
[*]Running cost of facilities ends up being a millstone around our neck in League one
[*]Women's team thrown to the wayside
[*]Incredibly weak negotiating hand in transfers, thereby selling players below their value

Couhig on the other hand as I've said before just seemed to be looking at us as a quick flip for profit, would have improved our situation but not by a great deal, not very ambitious and now he hasn't got his way, he seems to just be doing malicious things. At least Dai initially had good intentions, even if they were essentially state-funded.

I think this is a good summation of Dai's ownership of us. He was willing to put money into the club and certainly did some good things with the academy, training ground and women's team.

But he was really badly advised and trusted the wrong people when it came to transfers and contracts - there was no serious transfer strategy under Gourlay and that destroyed the financial adjustment to losing parachute payments we were seeing under the Thais. We also failed to sell players when we got a good bid for them - see Liam Moore, Danny Loader, etc. Had we had people like Carey (or even allowing Brian Tevreden to keep his autonomy) on transfers for the whole of his ownership, I'd have significantly more confidence Dai's ownership would've been more successful and may have been more able to avoid the more serious FFP issues.

If the political situation in China hadn't changed, perhaps we wouldn't be in as severe financial problems as we currently are and would've been able to recover from any relegation a lot quicker than we've been able to.

[Snowflake Royal]

Hmmm.

Villains. Let's think.

Dai.
Appointed Goulay
Forced out Tevreden
Personally intervened to stop Moore's sale, then gifted him a Premier League wage for 4 years.
Authorised endless shit signings on too much money
Spending over 200% of income on wages.
Fraudulent activity in his companies
Hidden loans secured against club infrastructure.
18 points worth of deductions for financial mismanagement
Approximately 5 years of hard and soft transfer embargos
Failure to pay players and staff on time multiple times
Failure to pay HMRC on time multiple times.
Failure to pay FL fines
Personal misconduct charges
Agreed a deal to sell only to not sign
5 failed exclusivity phases for sale.
18 months leaving the club in the shit.
Obvious liar
Personally intervened to stop other sales like Loader - lost him for nowt
Over saw endless appointments of shit managers.


Couhig - don't even care about him
Good record with Wycombe
Suing Dai for breaching a verbal agreement to sell
Shutdown women's team
Funded us for months when Dai wouldn’t before sale complete.


Hmmm. I wonder who is the pcunt

[Sutekh]

Hmmm.

Villains. Let's think.

Dai.
Appointed Goulay
Forced out Tevreden
Personally intervened to stop Moore's sale, then gifted him a Premier League wage for 4 years.
Authorised endless shit signings on too much money
Spending over 200% of income on wages.
Fraudulent activity in his companies
Hidden loans secured against club infrastructure.
18 points worth of deductions for financial mismanagement
Approximately 5 years of hard and soft transfer embargos
Failure to pay players and staff on time multiple times
Failure to pay HMRC on time multiple times.
Failure to pay FL fines
Personal misconduct charges
Agreed a deal to sell only to not sign
5 failed exclusivity phases for sale.
18 months leaving the club in the shit.
Obvious liar
Personally intervened to stop other sales like Loader - lost him for nowt
Over saw endless appointments of shit managers.


Couhig - don't even care about him
Good record with Wycombe
Suing Dai for breaching a verbal agreement to sell
Shutdown women's team
Funded us for months when Dai wouldn’t before sale complete.


Hmmm. I wonder who is the pcunt

I don’t care for either very much though it is obvious RC should be miles better.

Like the way you list some positives for one and naff all for the other despite the fact there was the odd thing here and there eg. agreeing to give the women’s team over to be sold separately in the first place, free coach travel for supporters for away games at one point.

And Dai has had 7 years to get incompetence into a fine art, while RC just had a couple of months but still managed to screw over the ladies team in a totally unnecessary way, not to mention his “can’t wait” to shut Bearwood down approach - and this was before he supposedly had any real power.

[Armadillo Roadkill]

I'm well aware I'm arguing with the Western World's most argumentative man (whose footballing analysis I greatly admire) and that it's utterly pointless, and that defending Dai is hardly going to win me any friends, but here goes...

Appointed Goulay - Agreed. Given the Gourlay had been Chief Executive at Chelsea, Dai might well have expected him to do better than he did.
Forced out Tevreden - Did he? If that was so, why did he then appoint him at Roeselare, with Tevreden himself Dai had wanted to keep him in the group. The subsequent fate of KV Roeselare, a fine club with a proud history, is of course a shameful failure on Dai's part.
Personally intervened to stop Moore's sale, then gifted him a Premier League wage for 4 years. - Guilty as charged it would seem.
Authorised endless shit signings on too much money - He appointed people to run the club and bank rolled them - not the same as him personally watching Sone Aluko and thinking to himself “This lad looks great, let’s spend a fortune on him.”
Spending over 200% of income on wages. Guilty as charged. Gambled and lost.
Fraudulent activity in his companies - nothing to do with us.
Hidden loans secured against club infrastructure. Err, isn’t it his infrastructure, given that he bought it and owns it? Which he did to try and maintain funding into the club?
18 points worth of deductions for financial mismanagement - Agreed. I’m not saying the club has been well run, or that day is blameless, I’m just arguing that he didn’t set out to destroy the club, quite the opposite.
Approximately 5 years of hard and soft transfer embargos - I refer the honourable gentleman to be previous response.
Failure to pay players and staff on time multiple times - His financial problems, and the difficulties imposed by the government of the PRC is moving large sums of money abroad are well documented.
Failure to pay HMRC on time multiple times - see above.
Failure to pay FL fines - see above.
Personal misconduct charges - see above.
Agreed a deal to sell only to not sign - but we don’t know why, do we? The assumption that Couhig is some sort of knight of football ownership integrity is looking less and less credible as time goes by.
5 failed exclusivity phases for sale. - Have there been 5? 2 where the other parties decided to not proceed, one where something (we don’t know what or why) went wrong at the last minute. Which other two were there?
18 months leaving the club in the shit, Obvious liar - See above
Personally intervened to stop other sales like Loader - lost him for nowt You may have a point here,
Over saw endless appointments of shit managers. Don’t think he had too much to do in scouting Pauno or Selles - can’t seem him being too invested in watching the MLS and deciding he liked the look of Pauno’s jib.

[Crusader Royal]

I'm well aware I'm arguing with the Western World's most argumentative man (whose footballing analysis I greatly admire) and that it's utterly pointless, and that defending Dai is hardly going to win me any friends, but here goes...

Appointed Goulay - Agreed. Given the Gourlay had been Chief Executive at Chelsea, Dai might well have expected him to do better than he did.
Forced out Tevreden - Did he? If that was so, why did he then appoint him at Roeselare, with Tevreden himself Dai had wanted to keep him in the group. The subsequent fate of KV Roeselare, a fine club with a proud history, is of course a shameful failure on Dai's part.
Personally intervened to stop Moore's sale, then gifted him a Premier League wage for 4 years. - Guilty as charged it would seem.
Authorised endless shit signings on too much money - He appointed people to run the club and bank rolled them - not the same as him personally watching Sone Aluko and thinking to himself “This lad looks great, let’s spend a fortune on him.”
Spending over 200% of income on wages. Guilty as charged. Gambled and lost.
Fraudulent activity in his companies - nothing to do with us.
Hidden loans secured against club infrastructure. Err, isn’t it his infrastructure, given that he bought it and owns it? Which he did to try and maintain funding into the club?
18 points worth of deductions for financial mismanagement - Agreed. I’m not saying the club has been well run, or that day is blameless, I’m just arguing that he didn’t set out to destroy the club, quite the opposite.
Approximately 5 years of hard and soft transfer embargos - I refer the honourable gentleman to be previous response.
Failure to pay players and staff on time multiple times - His financial problems, and the difficulties imposed by the government of the PRC is moving large sums of money abroad are well documented.
Failure to pay HMRC on time multiple times - see above.
Failure to pay FL fines - see above.
Personal misconduct charges - see above.
Agreed a deal to sell only to not sign - but we don’t know why, do we? The assumption that Couhig is some sort of knight of football ownership integrity is looking less and less credible as time goes by.
5 failed exclusivity phases for sale. - Have there been 5? 2 where the other parties decided to not proceed, one where something (we don’t know what or why) went wrong at the last minute. Which other two were there?
18 months leaving the club in the shit, Obvious liar - See above
Personally intervened to stop other sales like Loader - lost him for nowt You may have a point here,
Over saw endless appointments of shit managers. Don’t think he had too much to do in scouting Pauno or Selles - can’t seem him being too invested in watching the MLS and deciding he liked the look of Pauno’s jib.

The Loader one is debatable and as ever made with less than complete lknowledge.
There was actually a good reason why we pulled out of the Wolves deal. Loader moving for nothing eventually was not great but it’s hardly unusual these days for players to see out contracts and move.