Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

[SouthDownsRoyal]

The issue I'd have with Ashley is he would only want us once we are at our lowest value, which would be once we've entered administration, which would almost certainly mean we'd be playing in L2 next season

surely we all accept already that we are in L2 next season, right?!

If anyone thinks we will be in L1 next season I’d like to see you put money on it and show us the bet slip

[Sutekh]

The issue I'd have with Ashley is he would only want us once we are at our lowest value, which would be once we've entered administration, which would almost certainly mean we'd be playing in L2 next season

surely we all accept already that we are in L2 next season, right?!

If anyone thinks we will be in L1 next season I’d like to see you put money on it and show us the bet slip

Odds appear to currently be 8/15 for Reading to be relegated.

[Snowflake Royal]

If we got another 9 points off, even 5, were down, simple as

At which point any more points deductions this season become totally irrelevant. So he’ll probably hold out for longer and keep breaking the rules for the next 9 months or so

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

[Greatwesternline]

If we got another 9 points off, even 5, were down, simple as

At which point any more points deductions this season become totally irrelevant. So he’ll probably hold out for longer and keep breaking the rules for the next 9 months or so

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

[WestYorksRoyal]

surely we all accept already that we are in L2 next season, right?!

If anyone thinks we will be in L1 next season I’d like to see you put money on it and show us the bet slip

Odds appear to currently be 8/15 for Reading to be relegated.

If we bet against it, does it pay out if we're liquidated or expelled? Wouldn't be relegated.

[WestYorksRoyal]

If we got another 9 points off, even 5, were down, simple as

At which point any more points deductions this season become totally irrelevant. So he’ll probably hold out for longer and keep breaking the rules for the next 9 months or so

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

[windermereROYAL]

If anyone thinks we will be in L1 next season I’d like to see you put money on it and show us the bet slip

Odds appear to currently be 8/15 for Reading to be relegated.

If we bet against it, does it pay out if we're liquidated or expelled? Wouldn't be relegated.

Non-runner I should think, you get your stake back.

[Greatwesternline]

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Did he? I remember it being £15m for half. For some reason google isnt showing a great deal of answers.

Edit: Zingarevich acquired 51 per cent of the club in May last year, paying around £25million to chairman Sir John Madejski through his Thames Sport Investment (TSI) company.

https://www.getreading.co.uk/sport/football/football-news/anton-zingarevichs-full-takeover-reading-6123831

So the club was valued at £50m 10 years ago. Yep can see where championship clubs being valued at £80m now comes from. But there aren't actuallly many buyers of championship clubs who have £80m. There clearly weren't many back then who had £80m or else Madejski would have sold to the next person soon after.

[Snowflake Royal]

If we got another 9 points off, even 5, were down, simple as

At which point any more points deductions this season become totally irrelevant. So he’ll probably hold out for longer and keep breaking the rules for the next 9 months or so

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

Madejski got about £25m for half the club.

[Sutekh]

L1 Clubs aren't worth more than about £20m. L2 clubs are worth about £5m max.

Unless we get a new owner in the next 2 to 3 months I think the club just ceases to exist before next season starts.

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

[Greatwesternline]

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

I do think there is a lot of revisionism going on. Yes its gone wrong. But, there is a world in which Pauno's team kept in the play offs and got promoted. I have said it a few times but when Swift came back into the side we beat Bournemouth 3-1 away handsomely and i thought this is it. Swift got injured again promptly after.

Dai did deliver on the monetary front for quite a long time. He just took rank advice on who to appoint, and what to spend the money on. We were a good director of football away from the good times.

[Orion1871]

Tbh I don't even think L1 teams are worth £20m. Maybe ones primed for promotion to Championship. I don't really think Championships ones are worth £20m. Maybe ones primed for the Premier League. But they're probably worth £50m plus.

Madejski got £20m for Reading from Zingarevich. Which it turned out he didnt have, and it felt as if there weren't many other buyers either.

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

Leicester fans say that he tried to buy us, but Madejski rejected it and told him he knew nothing about football. I never quite believe the story because Sir John proudly used to say he knew nothing about football, so he employed people who did and let them get on with it.

[WestYorksRoyal]

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

I do think there is a lot of revisionism going on. Yes its gone wrong. But, there is a world in which Pauno's team kept in the play offs and got promoted. I have said it a few times but when Swift came back into the side we beat Bournemouth 3-1 away handsomely and i thought this is it. Swift got injured again promptly after.

Dai did deliver on the monetary front for quite a long time. He just took rank advice on who to appoint, and what to spend the money on. We were a good director of football away from the good times.

Injuries happen, teams fail, things go against you. Any owner who bets the future of the club on any one season is an idiot.

As for Leicester's owners, they were able to learn from early mistakes and also got lucky that it all happened before FFP became more robust. I remember Jimmy Kebe tearing them a new one when they were managed by Sven and had Yakubu and Vassell up front. The next season they bought Mills off us for £5.5m and we beat them again. Their early days were poor, but they ultimately learned and succeeded.

[Sutekh]

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

Leicester fans say that he tried to buy us, but Madejski rejected it and told him he knew nothing about football. I never quite believe the story because Sir John proudly used to say he knew nothing about football, so he employed people who did and let them get on with it.

Only SJM knows if that's true, if it is he must really feel pig sick with what's happened since and whom he finally sold the club onto (twice).

[Elm Park Kid]

Say that Man City were found guilty of the FFP violations - and that the offence was so bad that somehow they get relegated to League Two for the start of next season (this is just a hypothetical thing).

Would Man City now be worth £5m? No, for obvious reasons.

Similarly, if Reading get relegated to League Two they wouldn't automatically be only worth £5m. The relegation would reduce the value, but ultimately it would be based on the future prospects of the club.

[Mr Angry]

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

I do think there is a lot of revisionism going on. Yes its gone wrong. But, there is a world in which Pauno's team kept in the play offs and got promoted. I have said it a few times but when Swift came back into the side we beat Bournemouth 3-1 away handsomely and i thought this is it. Swift got injured again promptly after.

Dai did deliver on the monetary front for quite a long time. He just took rank advice on who to appoint, and what to spend the money on. We were a good director of football away from the good times.

Injuries happen, teams fail, things go against you. Any owner who bets the future of the club on any one season is an idiot.

As for Leicester's owners, they were able to learn from early mistakes and also got lucky that it all happened before FFP became more robust. I remember Jimmy Kebe tearing them a new one when they were managed by Sven and had Yakubu and Vassell up front. The next season they bought Mills off us for £5.5m and we beat them again. Their early days were poor, but they ultimately learned and succeeded.

Leicester also benefitted from going into administration twice, at a time when there were no points deducted for doing so (the 2nd time was the catalyst for that rule to come in) so shafting their creditors who only got a few pennies in the pound.....

[Snowflake Royal]

He got £40m for the first 51%. AZ never saw the deal through to buy the remaining 49%. And that was over a decade ago. Valuation inflation since then.

Wasn't the Thai chap who bought Leicester living around here at the time, certainly had interests at Newbury with the racing, yet somehow he and SJM seemed to never get together about the possibility. Just imagine if he'd got the gig

I do think there is a lot of revisionism going on. Yes its gone wrong. But, there is a world in which Pauno's team kept in the play offs and got promoted. I have said it a few times but when Swift came back into the side we beat Bournemouth 3-1 away handsomely and i thought this is it. Swift got injured again promptly after.

Dai did deliver on the monetary front for quite a long time. He just took rank advice on who to appoint, and what to spend the money on. We were a good director of football away from the good times.

So oxf*rd what, we've been run with hopeless incompetence. Even if we fluked a brief period of competence to get up we'd have just spunked twice the windfall on some donkey's from Europe and a couple of PL failures and been even more oxf*rd.

[Snowflake Royal]

Say that Man City were found guilty of the FFP violations - and that the offence was so bad that somehow they get relegated to League Two for the start of next season (this is just a hypothetical thing).

Would Man City now be worth £5m? No, for obvious reasons.

Similarly, if Reading get relegated to League Two they wouldn't automatically be only worth £5m. The relegation would reduce the value, but ultimately it would be based on the future prospects of the club.

The club has no future prospects.

Value is based almost exclusively around the division you play in.

[YorkshireRoyal99]

Say that Man City were found guilty of the FFP violations - and that the offence was so bad that somehow they get relegated to League Two for the start of next season (this is just a hypothetical thing).

Would Man City now be worth £5m? No, for obvious reasons.

Similarly, if Reading get relegated to League Two they wouldn't automatically be only worth £5m. The relegation would reduce the value, but ultimately it would be based on the future prospects of the club.

The club has no future prospects.

Value is based almost exclusively around the division you play in.

I don't think this is true - the value of the club is based on the value of assets the club has, in our case we've got a (estimate) £25m stadium for instance. I'd absolutely if we were worth/valued at £5m, as that would be absolute steal for any prospective owner.

The value will decrease going down the divisions, but not to such levels, it's got to be on a club-by-club basis.

[Snowflake Royal]

Say that Man City were found guilty of the FFP violations - and that the offence was so bad that somehow they get relegated to League Two for the start of next season (this is just a hypothetical thing).

Would Man City now be worth £5m? No, for obvious reasons.

Similarly, if Reading get relegated to League Two they wouldn't automatically be only worth £5m. The relegation would reduce the value, but ultimately it would be based on the future prospects of the club.

The club has no future prospects.

Value is based almost exclusively around the division you play in.

I don't think this is true - the value of the club is based on the value of assets the club has, in our case we've got a (estimate) £25m stadium for instance. I'd absolutely if we were worth/valued at £5m, as that would be absolute steal for any prospective owner.

The value will decrease going down the divisions, but not to such levels, it's got to be on a club-by-club basis.

It really isn't. And our stadium is worth less than oxf*rd all without a club.