CONFIMRED - The final countdown

8006 posts
User avatar
Snowflake Royal
Hob Nob Legend
Posts: 44864
Joined: 20 Jun 2017 17:51

Re: CONFIMRED - The final countdown

by Snowflake Royal » 24 Mar 2025 15:16

El Diablo
Snowflake Royal
El Diablo
Correct.

I mean, he could sell the lot, all he has to do is put enough of the proceeds in Escrow to cover the potential court outcome. Why delay selling part of the club when you can do that.


Coz Dai hates losing and will battle it out to the end. Same goes for Couhig.

And in-between time he could lease the stadium/training ground to who ever ends up with the Club.

Nothing would surprise me right now

Only thing that would surprise me is a happy ending.

User avatar
Dirk Gently
Hob Nob Super-Addict
Posts: 12233
Joined: 08 Sep 2005 13:54

Re: CONFIMRED - The final countdown

by Dirk Gently » 24 Mar 2025 15:41

Snowflake Royal Only thing that would surprise me is a happy ending.


You're going to the wrong massage parlours, then...

Sutekh
Hob Nob Legend
Posts: 21524
Joined: 12 Feb 2014 14:05
Location: Over the hills and far away

Re: CONFIMRED - The final countdown

by Sutekh » 24 Mar 2025 16:00

tmesis
stealthpapes
Mid Sussex Royal
Most recent comparison Bury are currently in the North West Counties league which is tier 9.....and they were kicked out a few years ago.


Bury had to deal with the two pheonix clubs issue.
I think starting their journey in the 2020-21 season didn't help either.

I think there was only one phoenix club. Bury FC didn't fold immediately, but limped on with no ground, players, or league to play in.


There was indeed only 1, Bury FC remained dormant with a load of debts and a chairman still trying to get the club back to the FL but eventually he had to put it into administration.

Meanwhile a set of fans decided they were bored and in December 2019 decided to set up the phoenix club. It took 6/7 months to organise but Bury started out in 2020/21 as Bury AFC. Meanwhile another load of Bury supporters bought Gigg Lane and the history and name of Bury FC from the administrator.

Both parties kissed and made up last year and now Bury AFC (who were originally playing at Radcliffe’s ground) are Bury FC playing at Gigg Lane.

Sutekh
Hob Nob Legend
Posts: 21524
Joined: 12 Feb 2014 14:05
Location: Over the hills and far away

Re: TAKEOVER CONFIMRED

by Sutekh » 24 Mar 2025 16:11

If only this had been true :lol:


WestYorksRoyal
Hob Nob Addict
Posts: 6666
Joined: 15 Apr 2019 19:16

Re: CONFIMRED - The final countdown

by WestYorksRoyal » 24 Mar 2025 17:56

https://podcasts.apple.com/us/podcast/a ... 0700629860

Couhig shares his side of the story about 17 minutes in.


User avatar
stealthpapes
Hob Nob Addict
Posts: 8414
Joined: 05 Jun 2013 13:25
Location: proverbs 26:11

Re: CONFIMRED - The final countdown

by stealthpapes » 24 Mar 2025 18:33

Sutekh
tmesis
stealthpapes
Bury had to deal with the two pheonix clubs issue.
I think starting their journey in the 2020-21 season didn't help either.

I think there was only one phoenix club. Bury FC didn't fold immediately, but limped on with no ground, players, or league to play in.


There was indeed only 1, Bury FC remained dormant with a load of debts and a chairman still trying to get the club back to the FL but eventually he had to put it into administration.

Meanwhile a set of fans decided they were bored and in December 2019 decided to set up the phoenix club. It took 6/7 months to organise but Bury started out in 2020/21 as Bury AFC. Meanwhile another load of Bury supporters bought Gigg Lane and the history and name of Bury FC from the administrator.

Both parties kissed and made up last year and now Bury AFC (who were originally playing at Radcliffe’s ground) are Bury FC playing at Gigg Lane.


So, basically, there were two rival clubs seeking to represent Bury going forwards. Clearly this didn't help matters.

(I've played at Radcliffe's ground, fact fans)

Mid Sussex Royal
Hob Nob Regular
Posts: 3862
Joined: 02 Nov 2008 17:56

Re: CONFIMRED - The final countdown

by Mid Sussex Royal » 24 Mar 2025 19:04

WestYorksRoyal https://podcasts.apple.com/us/podcast/a-defiant-rob-couhig-a-passionate-bradford-city/id1802696301?i=1000700629860

Couhig shares his side of the story about 17 minutes in.


Basically -

Talks nicely about Noel and the players/staff.
Claims he had nothing to do with last summer's decision re the women's team
Has heard nothing from Dai or his associates since the loan was repaid in Sept.
"won't roll over for anyone"
Doesn't like Dellor (didn't hear it but its been posted twice on twitter)

Linden Jones' Tash
Member
Posts: 607
Joined: 20 Jun 2009 12:03
Location: north of the river...

Re: CONFIMRED - The final countdown

by Linden Jones' Tash » 24 Mar 2025 19:13

Mid Sussex Royal
WestYorksRoyal https://podcasts.apple.com/us/podcast/a-defiant-rob-couhig-a-passionate-bradford-city/id1802696301?i=1000700629860

Couhig shares his side of the story about 17 minutes in.


Basically -

Talks nicely about Noel and the players/staff.
Claims he had nothing to do with last summer's decision re the women's team
Has heard nothing from Dai or his associates since the loan was repaid in Sept.
"won't roll over for anyone"
Doesn't like Dellor (didn't hear it but its been posted twice on twitter)


But presumably nothing about the basis for his £12M losses claim?

"Won't roll over for anyone" sounds ominous in terms of our chances of surviving this...

User avatar
From Despair To Where?
Hob Nob Legend
Posts: 25339
Joined: 19 Apr 2004 08:37
Location: See me in m'pants and ting

Re: CONFIMRED - The final countdown

by From Despair To Where? » 24 Mar 2025 19:21

Also says that if Dai engaged, he'd buy the club tomorrow.

With reference to the women's team, he said he had an investor lined up to fund it.


User avatar
Extended-Phenotype
Hob Nob Addict
Posts: 5952
Joined: 27 May 2011 10:43
Location: Oxford Road

Re: CONFIMRED - The final countdown

by Extended-Phenotype » 24 Mar 2025 22:17

Full Transcript of Rob Couhig interview on EFL Today.
———-

Delighted to say that Rob joins us now on EFL Today. Rob, what does Friday's decision mean for you? What does it mean for Reading Football Club? And what does it mean for Dayoung? Because this is, I mean, it's the latest and long line of announcements and statements. And the soap opera carries on.

Yeah, let's start with that. The soap opera continues. But really, it doesn't change the commercial reality that existed before they filed their most recent pleadings. We have always taken the position that we have a legitimate claim because they brought us to the altar. We spent over a million dollars hiring accountants and analysts and consultants and travel and the like, getting ready to do the purchase. We sent all of our money to England, expecting to be able to sign the documents.

In fact, when further than that, we signed the documents to complete the purchase that were drafted by Mr. Young's lawyers and told us that this is the deal. The minority shareholders who were scattered throughout the world signed them. And we were just sitting there and all of a sudden, without a phone call, a letter or anything, they wired us back our money that we had lent, but it left out there that all of these security devices were based on the likelihood or the eventuality and requirement that they would sell us the club on the terms that we had agreed.

So we have a claim now that we will pursue in June for our damages. We continue to tell them that we would be delighted to negotiate something else, but we've never heard from anybody.

Rob, so with all this going on and with the media kind of saying that you're the one blocking the move for potential new owners to take over the club, what's the message then to the fans of Reading who are kind of waiting on you to kind of move away so that they feel like they can then move on with what's going on for their football club?

Two messages, one, Mr. Justice Jacobs pointed out in a commercial world, there's no need, we are not an impediment to the sale, never have been, will not be. Anybody who's ever bought any business or a sophisticated piece of property deals with these issues all the time. So we fully expected somebody would call us and say, hey, how do we deal with it? We're willing to do that. The second thing is, I think they can take the message that I don't roll over for anybody. Well, you should know that, Joe. You used to try and negotiate me up for the players all the time.

Rob, put simply, what happens next? What happens next for Dye Young? He's got a deadline to sell this football club. What happens next for you? What happens next for Reading in later?

Well, for Reading, I guess they continue to operate as normal. I'm a little nervous whether they have the money to pay the king that they owe him this week and whether they can put the money aside for the players, which they have had problems doing. But they have sold enough assets since we were supposed to have completed in September that they should have enough money, I would assume, to pay all those things. So, the club itself, the players, and look, what a fantastic group of lads who have only two points out of the playoffs, despite all of the confusion that's gone on. Noel seems to be doing a fantastic job of unifying them in that age-old way that players do as us against the world, and they're doing extraordinarily well.

And I hope that that can continue. For us, we will continue to do what we've been doing, which is to make our preparations to be an English football somewhere, some place on good economic terms, where we can bring our vision of how to upgrade and enhance a club and bring its success on and off the pitch. And as for Mr. Die Young, I have no idea. I would be lying if I told you. I've never talked to him. None of the people that surround him talk to us. And they have concentrated, and I really, I don't know that I blame Mr. Young on this, Mr Die on this. They seem to have surrounded themselves with people who go out of their way to sort of blame the world for their issues. I mean, they've been on this campaign, and it drives me nuts.

He's a reporter from the BBC up there who went on the radio a month ago and said, deal's done, no problems, absolutely, it's all good, because he's hearing directly from the folks who work for the club. And then two weeks later, oh, it's all Couhig's fault that it's not going forward. And then, well, they're easily gonna get Couhig's lawsuit dismissed. And then after it's over, well, I guess I was wrong. He doesn't say he's ever wrong, but he proved out to be wrong. And so they concentrate too much, it seems to me, on blaming people who are trying to do good.

All we've ever wanted to do for this club is to help it fulfill its destiny as one of the top clubs in English football. It is a club that should escape League 1 and be playing mid-championship and contending for the Premiership, and it's not that far away. You know, we get blamed for a ton of stuff when we went over and spent five different trips going there, and we got blamed by fans because what were we doing going to the games? Todd and I and our wives, and we had been invited by the management to go to the games because they thought they could help them sell tickets. We had a negotiated deal for our women's team where we had a woman in the United States who was going to join our group who's a billionaire because she and her daughter wanted to own the English women's team. We get called one day and the team's gone the next, and during the course of that discussion, we told them, well, we'd need X or Y or Z, but it all disappears and we get blamed.

So the one thing, and I know you guys aren't interested in this, it kind of tells you, you can't listen to social media very much because they don't know what they're talking about 97% of the time.

Rob, you just mentioned along there about people from America wanting to invest in football. What is it about English football that Americans like yourself really want to get involved in English football? Is it because of the pyramid structure, the fact that you can progress and go up the leagues? There's a dream isn't there of every football club to make it to the Premier League? So what is it about English football that Americans want to invest in?

Well, I think we're very competitive people and we like the competition aspect. It's also a sport that the English don't recognize the value of internationally. It's got a global market and we live in an age in which the real deliverable for football clubs in particular is that you have live entertainment all the time. And so, you know, people want to see that and they want to be part of it. And then look, there's an ego factor. You can get into this for a lot cheaper than you can buy an NFL team or even a lower league baseball team or basketball team in the United States or a soccer team. You can take your resources in what you would perceive to be your intellectual ability, marshal it together with the right program, put it together and watch it progress or take the penalty of it not progressing. I mean, in my own case, we feel pretty strongly that our record in minor league baseball where we won the world championship and had the top five attendances in the United States. While we own the club, you know, Joe, when we were at Wickham, we produced up until this year, five of the best years, literal five best years that the club had had, and it's 135 year history.

I'm convinced that had we been able to purchase this club timely, the club, which is, as I say, only two points off the playoffs, would be firmly ensconced in that playoff drive. So, it's the ability to actually take something and see it develop in your own time.

Rob, what's the plan now? What do you do? How do you move forward? You sound passionate. You still want to be involved at Reading Football Club and you want to own Reading Football Club and you want to see Reading Football Club prosper. What's the plan?

Yeah, I would start it slightly backwards. I want to see Reading Football prosper, first and foremost. So, that means I have to look at what are the options that are presented to me. But the first person who's got to tell us what those are are the present owners, the incumbent owners. We have made, over the past seven months, a half a dozen suggestions as to how to relieve this. We've never gotten anywhere, for whatever reason.

So, they have to figure out what they want, why they want it, and talk to us. I will repeat here what I've told them multiple times through their lawyers and the like, or their agents, I guess I should say. You know, they lost their first set of lawyers the day they didn't sell it to me, and those lawyers ended up suing them, or making a claim, I guess, is the way you guys describe it.

You know, if given the right discussion points, I'd be there tomorrow morning. I will say this, I almost went last Friday for the hearing, but I would have been one of those guys circling around Heathrow and coming back home. Joe, imagine how I would have reacted if that had happened.

Yeah, that's true. You would have called me to invite to stay at my house. That was what would have happened. Rob Couhig, thank you so much for joining us on EFL Today. I really appreciate it, honestly. Best of luck with everything.

Thank you guys and good luck to y'all.”

From EFL Today: A defiant Rob Couhig, a passionate Bradford City fan base and a frustrating Wimbledon finish, 24 Mar 2025
https://podcasts.apple.com/gb/podcast/e ... 860&r=1699
This material may be protected by copyright.

User avatar
rabidbee
Hob Nob Regular
Posts: 3838
Joined: 24 Jul 2006 17:51
Location: Like a dog to vomit

Re: CONFIMRED - The final countdown

by rabidbee » 24 Mar 2025 23:39

Linden Jones' Tash
Mid Sussex Royal
WestYorksRoyal https://podcasts.apple.com/us/podcast/a-defiant-rob-couhig-a-passionate-bradford-city/id1802696301?i=1000700629860

Couhig shares his side of the story about 17 minutes in.


Basically -

Talks nicely about Noel and the players/staff.
Claims he had nothing to do with last summer's decision re the women's team
Has heard nothing from Dai or his associates since the loan was repaid in Sept.
"won't roll over for anyone"
Doesn't like Dellor (didn't hear it but its been posted twice on twitter)


But presumably nothing about the basis for his £12M losses claim?

"Won't roll over for anyone" sounds ominous in terms of our chances of surviving this...

That seemed a fairly reasonable response to the question "what do you say to Reading fans who just want you to go away...?" The courts have determined he has a case to argue, and that he is no impediment to the sale, so fair enough.

Linden Jones' Tash
Member
Posts: 607
Joined: 20 Jun 2009 12:03
Location: north of the river...

Re: CONFIMRED - The final countdown

by Linden Jones' Tash » 25 Mar 2025 06:19

"Well, for Reading, I guess they continue to operate as normal. I'm a little nervous whether they have the money to pay the king that they owe him this week "

Wait what?

Now we owe the King money?

;-)

JedMaxwell
Member
Posts: 362
Joined: 15 Feb 2021 13:36

Re: CONFIMRED - The final countdown

by JedMaxwell » 25 Mar 2025 06:38

Extended-Phenotype Thank you guys and good luck to y'all.”



That's it, keep this hillbilly away from us.


User avatar
Winston Biscuit
Hob Nob Legend
Posts: 37857
Joined: 05 May 2017 07:32
Location: hanging with the cool kids

Re: CONFIMRED - The final countdown

by Winston Biscuit » 25 Mar 2025 06:55

Today's episode of The Price Of Football features our latest situation

WestYorksRoyal
Hob Nob Addict
Posts: 6666
Joined: 15 Apr 2019 19:16

Re: CONFIMRED - The final countdown

by WestYorksRoyal » 25 Mar 2025 07:28

Winston Biscuit Today's episode of The Price Of Football features our latest situation

Had a listen on a very early train journey. Kieran Maguire has always been fairly positive about our chances and this episode is no different, but his positivity always seems to be based on the assumption that normal business rules apply, and why would Dai not sell when the alternatives are catastrophic?

Those of us who have lived through it don't share this confidence.

Royalwaster
Hob Nob Regular
Posts: 3662
Joined: 13 Jul 2004 13:32

Re: CONFIMRED - The final countdown

by Royalwaster » 25 Mar 2025 09:53

Linden Jones' Tash "Well, for Reading, I guess they continue to operate as normal. I'm a little nervous whether they have the money to pay the king that they owe him this week "

Wait what?

Now we owe the King money?

;-)


Dye Young ... also made me laugh. If only, if only ...

Sutekh
Hob Nob Legend
Posts: 21524
Joined: 12 Feb 2014 14:05
Location: Over the hills and far away

Re: CONFIMRED - The final countdown

by Sutekh » 25 Mar 2025 09:59

All well and good. The trouble is, having just listened to this on social media, apparently

you can't listen to social media very much because they don't know what they're talking about 97% of the time.

WestYorksRoyal
Hob Nob Addict
Posts: 6666
Joined: 15 Apr 2019 19:16

Re: CONFIMRED - The final countdown

by WestYorksRoyal » 25 Mar 2025 10:04

Main concern from the Couhig interview is that he hasn't heard from the club or Dai's representatives. Given a court ruled we can't do a deal without reaching an agreement with him, and our club statement said we'd communicate with him, we should have already. Even if the pod was recorded 1st thing on Monday, the club should have contacted him by then if they had a sense of urgency.

User avatar
morganb
Hob Nob Regular
Posts: 2771
Joined: 31 Jul 2017 12:30

Re: CONFIMRED - This might be it!!

by morganb » 25 Mar 2025 10:09

Just updating my Reading FC 2025 kitchen calendar (not really, Reading didn't do any kind of calendar this year)...

The EFL statement refers to "the agreed timeframe" but doesn't actually give any specific dates

Does anyone know what the key dates involved are as I've seen various dates quoted on Twitter/HNA:

4th (or 5th) April

4th May (note: 3rd May is the last day of the standard L1 season, PO Final is 25 May)

Assume the above dates are based on the February date on the EFL letter to Dai plus he's already been given an extension already?

And what happens if things are not done by these dates?

User avatar
The Cap
Hob Nob Regular
Posts: 1107
Joined: 26 May 2008 18:22
Location: 'Avin a larf

Re: CONFIMRED - The final countdown

by The Cap » 25 Mar 2025 10:11

Dirk Gently
Snowflake Royal Only thing that would surprise me is a happy ending.


You're going to the wrong massage parlours, then...


Classic :lol:

8006 posts

Who is online

Users browsing this forum: Google [Bot] and 375 guests

It is currently 01 Apr 2025 00:48