Thames Sports Investment

[Arnie_Pie]

If I knew what you meant, I might agree. I doubt it though. The whole point is, people are saying the PL MAY not even have looked at this deal yet, so what is the point of SJM continually saying "next week" when he hasn't any more of a scooby than you or I, it would appear? It doesn't appease fans when next week keeps coming and going. He's better off not saying anything shirley?

You said MAY, as everything is purely based on hearsay. Worry about things when you hear some hard facts, not from listening to people who do not have a scooby doo about what they are talking about.

We are in the market and buying players. This is a fact. This fact also leads me to believe everything is moving along as planned, or we would not be doing this.

[Cobi]

If I knew what you meant, I might agree. I doubt it though. The whole point is, people are saying the PL MAY not even have looked at this deal yet, so what is the point of SJM continually saying "next week" when he hasn't any more of a scooby than you or I, it would appear? It doesn't appease fans when next week keeps coming and going. He's better off not saying anything shirley?

You said MAY, as everything is purely based on hearsay. Worry about things when you hear some hard facts, not from listening to people who do not have a scooby doo about what they are talking about.

We are in the market and buying players. This is a fact. This fact also leads me to believe everything is moving along as planned, or we would not be doing this.

THAT!!!

Please now stop playing the same broken record over and over and over and over again. It's pointless. You have raised your concerns, and there's no point in repeating yourself when you can't have the answers you want yet. You, we, I, will never know how much money anyone has. You need to accept that. Trust or don't trust, but it's no good banging on about it repeatedly. It's become extremely tiresome!

[Royal Lady]

If I knew what you meant, I might agree. I doubt it though. The whole point is, people are saying the PL MAY not even have looked at this deal yet, so what is the point of SJM continually saying "next week" when he hasn't any more of a scooby than you or I, it would appear? It doesn't appease fans when next week keeps coming and going. He's better off not saying anything shirley?

You said MAY, as everything is purely based on hearsay. Worry about things when you hear some hard facts, not from listening to people who do not have a scooby doo about what they are talking about.

We are in the market and buying players. This is a fact. This fact also leads me to believe everything is moving along as planned, or we would not be doing this.

So there was nothing wrong in my original post which you quoted then! And on looking at some comments on Unfounded Rumours about us looking at/signing certain players - it would seem some consensus is that they are all cheap/on a free - so make no odds as to whether TSI takeover goes through or not....

[PieEater]

The timing is quite interesting in that PDF. We are currently a Championship club and may well have already passed their FPP test. We won't be a prem club for another month, so the PL only have to give their OK in time to allow us to join.

[Ian Royal]

why on earth would JM be saying it will all be sorted "next week" for the last few weeks?

Because he loads whole lot more than you about running a football club and this deal maybe?

If I knew what you meant, I might agree. I doubt it though. The whole point is, people are saying the PL may not even have looked at this deal yet, so what is the point of SJM continually saying "next week" when he hasn't any more of a scooby than you or I, it would appear? It doesn't appease fans when next week keeps coming and going. He's better off not saying anything shirley?

Because he expects it to be a simple process with no problems. They've apparently given the PL what they asked for. Reasonable to expect them to then get on with it and make a decision would you not think?

Madejski's comments are not so much about when it will actually go through... but about his expectation that it shouldn't take long to confirm as it is a done deal awaiting a rubber stamp.

[Royal Lady]

Except you'd have thought the PL might have pointed him in the direction of their rule book, which, as someone has said, states that we're not actually in the PL yet and so they might not even look at it until we "officially" are....

[Royal Lady]

And confirming it's gone through is pretty much the same as the deal being a done deal isn't it?
Or how can they confirm it's gone through?

[Ian Royal]

Except you'd have thought the PL might have pointed him in the direction of their rule book, which, as someone has said, states that we're not actually in the PL yet and so they might not even look at it until we "officially" are....

It's absolute conjecture on your part that they aren't even looking at it yet. Stop driving yourself round the twist with useless speculation trying to find a problem.

It'll happen or it won't and nothing any of us says is worth a damn. So just get on with enjoying transfer speculation, because the takeover delay certainly doesn't seem to be holding anything else up.

[SpaceCruiser]

Except you'd have thought the PL might have pointed him in the direction of their rule book, which, as someone has said, states that we're not actually in the PL yet and so they might not even look at it until we "officially" are....

It's absolute conjecture on your part that they aren't even looking at it yet. Stop driving yourself round the twist with useless speculation trying to find a problem.

It'll happen or it won't and nothing any of us says is worth a damn. So just get on with enjoying transfer speculation, because the takeover delay certainly doesn't seem to be holding anything else up.

I think that's RL's speciality. Always, always trying to find a problem in anything Reading does!

[Cypry]

why on earth would JM be saying it will all be sorted "next week" for the last few weeks?

But he hasn't - he's said we "hope" it'll be sorted next week...

Who knows what the PL are saying to the club - I'm sure that nobody wants to get this resolved faster than the club themselves, and I'm certain that they'll be in regular touch with the relevant people at the PL.... I work in software and the number of times I've been waiting for someone to complete a fix or patch and been told "next week" and then finally something materialises several weeks later is untrue...

At the end of the day, the PL season hasn't even finished yet.......it could very well be that the PL haven't even started to look at the deal yet. They asked us to provide information and we did so almost immediately....if they've got three teams to check out they might be waiting to find out who the third promoted team is before they even start investigations......it'll happen when it happens....

I for one still believe the moneys there - the theory that Anton has no cash seems to have been perpetuated by whatever went on at Everton, but that whole affair is shrouded in mystery with two completely different sides to the story - take it with a pinch of salt...I'm certain that SJM and his team would have made sure that the relevant finances were indeed in place....

Well you miss my point by a mile! If the PL hasn't even finished yet and it could very well be that the PL haven't looked at the deal yet, why is SJM continually pronouncing "could be next week?" If he hasn't got any idea, why not just keep schtum until he and the club are told something by the PL? Out of interest, how do SJM and his team "make sure the relevant finances are in place"? Are they given access to the Zingarevich bank accounts - or do they just trust the word of AZ and Samuelson - serious question - not trying to score points - just don't understand how they can be so sure that the money is, indeed, there. Wasn't there someone once who tried to buy a club - and it was all promoted to the media etc and they didn't have a penny to their name? Portsmouth rings a bell, but I might be wrong. Probably am!

And you miss my point......there are any number of reasons why things could have been delayed.
It COULD BE that the PL haven't started looking at it yet.
It COULD BE that the PL are telling the club that they WILL look at it in the next week, and then don't do so....
It COULD BE that some one at the PL was given the paperwork and then was taken seriously ill, or went on holiday for a fortnight....
it COULD BE that the money isn't there....
There COULD BE any number of reasons why things have slowed down, yet the prevailing attitude of those with a negative opinion on here is that it MUST BE that there's no money....

Ian Wood-Smith is a director at Reading FC - he's also a senior partner at Field Seymour Parkes - a commercial solicitors dealing in, amongst other things, corporate take overs....
How do you think things like this work in the wider world of business? Football isn't some kind of weird fourth dimension. Exactly the same kinds of disclosures would be needed and expected for the takeover of a football club as would be the case for the takeover of any other commercial organisation. Do you think everything in the world of business is done by "taking peoples word for it"? No paperwork would have been provided, possibly partly in the form of bank statements, or legal agreements that show that the funds are indeed in place, or at least available...

The club are obviously still very confident that the takeover will happen, budgets have been agreed and put in place (as stated by Brian late this week). If the PL are dragging their feet, there's very little that the club can do other than sit it out and wait......and we must learn to do the same......

[Bowman's Quiver]

And confirming it's gone through is pretty much the same as the deal being a done deal isn't it?
Or how can they confirm it's gone through?

Just a quick question. Are you on any medication? Just asking.

HRT I would hope judging by her incessant ramblings...

[Royal Lady]

I'm merely asking questions. Thank you to Cypry for at least giving me some explanations. Those of you who think it's amusing to question my sanity or whether I'm taking any medication can do one, however. Much love.

[Franchise FC]

I'm merely asking questions. Thank you to Cypry for at least giving me some explanations. Those of you who think it's amusing to question my sanity or whether I'm taking any medication can do one, however. Much love.

I absolutely accept your right to ask questions ........ but the same ones over and over again ???

[Royal Lady]

I didn't think they were the same ones over and over again tbf. In this thread, I have mentioned what I have been told about the hold up. And I have questioned why it's delayed yesterday/today. Although with 180+ pages, I may have repeated myself on occasion - not like anybody else has though is it?

[Royalee]

I'm merely asking questions. Thank you to Cypry for at least giving me some explanations. Those of you who think it's amusing to question my sanity or whether I'm taking any medication can do one, however. Much love.

You need to ask yourself a few questions.

[Super Kevin Bremner!]

What I wanna know RL is whilst you're getting all het up about this, is who's doing all the cooking, cleaning and washing back home?

I bet shards ain't lifted a Brillo pad in his life, and theirs only one thing he'd use rubber gloves for.....

[Only one Trevor Morley]

Having read fordhams recent tweets he clearly isn't so sure its going to happen now that reading have stopped commenting...

could we end up in a position where all the photos of our promotion include someone who never had a formal position at club. Is it Michael knighton at man utd(minus ball juggling but plus jesters hat) all over again...

Wish it was resolved one way or other....

[Friday's Legacy]

How do you know they are building a story though? - and why isn't any other media sauce doing the same........are they clutching a straws or do they genuinely have something?

How do you know other papers aren't? The Daily Telegraph were all over us as soon as we secured promotion, so they are almost certainly digging. I only know about the DM through a friend.

Here you go: http://www.dailymail.co.uk/sport/olympi ... emony.html

The colourful cast of characters involved in the proposed £25.4million takeover of Reading are still waiting for 'fit and proper owner' clearance from the Premier League - but that hasn't stopped one of them denouncing Manchester City's 'financial doping'.

'There's no way we'll be competing with City in terms of spending vast sums to get ahead. We'll look for value in all we do,' says Chris Samuelson, offshore company specialist and chief adviser to the Russian Anton Zingarevich.


Offering help: Boris Zingarevich

'The club under us, when we get clearance - which I expect within days - will be prudently and carefully run, as it should be in these times of Financial Fair Play.

'With FFP coming in, hopefully, it will stop the likes of City going out and buying the title. We won't be doing that. We'd like to emulate a club like Stoke City, and do things sensibly.'

Zingarevich is the sole shareholder in Thames Sports Investment.

But Samuelson will become a Reading director, as will businessman Andrew Obolensky, the great-nephew of Prince Obolensky, who scored two tries in England's first win over the All Blacks.

Samuelson says the Premier League have all the documents they need and his lawyers have given written assurances that any reports linking him to former financial impropriety are 'malicious and untrue'.

Samuelson has always maintained Zingarevich's father Boris is not going to have a role at Reading but now admits: 'Boris has substantial wealth and he will help his son, if required.'

[Friday's Legacy]

Ignore the comment from Samuelson saying it could be completed in days. Yes of course it could be, but it could still be weeks. He really shouldn't put time scales on anything as it heightens expectations, and he has no control over how long this will take - but the club are confident it will go through.

[Cobi]

Good work again FL.

Interesting. Great nephew of a prince on the board

Zingarevich is the sole shareholder in Thames Sports Investment.

But Samuelson will become a Reading director, as will businessman Andrew Obolensky, the great-nephew of Prince Obolensky, who scored two tries in England's first win over the All Blacks.

Samuelson says the Premier League have all the documents they need and his lawyers have given written assurances that any reports linking him to former financial impropriety are 'malicious and untrue'.

Samuelson has always maintained Zingarevich's father Boris is not going to have a role at Reading but now admits: 'Boris has substantial wealth and he will help his son, if required.'