TAKEOVER *NOT* CONFIMRED

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Forbury Lion
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Re: TAKEOVER *NOT* CONFIMRED

by Forbury Lion » 13 Jun 2024 10:33

Ascotexgunner
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Well Wycombe were clearly in the market for a new training ground having just switched their training base to Harlington. https://www.bbc.co.uk/sport/football/ar ... nn480vp1vo


Not sure what was wrong with the quite pleasant training ground on Marlow Road.


I did some glider training flying up at Booker, not being funny but used to fly over their training ground really low when coming in to land. Not ideal.
Especially risky for you if they were doing shooting practice at the time.

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Re: TAKEOVER *NOT* CONFIMRED

by Forbury Lion » 13 Jun 2024 10:38

Hound
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Franchise FC More or less wary than a Russian ?


I’d rather it wasn’t anyone from an autocratic state with medieval laws, corrupt public institutions, entrenched violence and systematic abuse of human rights.

Fan ownership >>> Western Europeans >>>> other OECD countries (as short-hand for democratic, developed countries with the rule of law) >>>> Stable democracies outside the OECD >>>>>>> Ian Royal >>>>>>>>>>>>> Russians >> murderous theocracies.


You missed off ‘Dai’ after the murderous theocracies
He's alot further down the list behind Russians, possibly in or around Donald Trump, North Korea and a Nigerian Businessman wishing to extract $500m from the country who only needs your bank details and a payment of $100 to do this.

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 13 Jun 2024 13:40

Forbury Lion
Ascotexgunner
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Well Wycombe were clearly in the market for a new training ground having just switched their training base to Harlington. https://www.bbc.co.uk/sport/football/ar ... nn480vp1vo


Not sure what was wrong with the quite pleasant training ground on Marlow Road.


I did some glider training flying up at Booker, not being funny but used to fly over their training ground really low when coming in to land. Not ideal.
Especially risky for you if they were doing shooting practice at the time.


Unless they deliberately targetted you of course.

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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 14 Jun 2024 08:33

Fixtures are out in just over ten days, it’s mid June and we seemingly have no tangible news or progress :|

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 14 Jun 2024 08:39

What will be will be - just enjoy the Euros.


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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 14 Jun 2024 09:17

Stranded What will be will be - just enjoy the Euros.


I will, ironic to be turning to England for solace

This will help until in inevitable happens :mrgreen:

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 14 Jun 2024 10:49

Germany v Scotland tonight will hopefully deliver some high comedy either way..... (Scotland being hammered or Germany badly struggling).

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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 14 Jun 2024 13:29

Sutekh Germany v Scotland tonight will hopefully deliver some high comedy either way..... (Scotland being hammered or Germany badly struggling).


The former I hope

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Re: TAKEOVER *NOT* CONFIMRED

by East Grinstead Royal » 14 Jun 2024 13:35

SouthDownsRoyal
Sutekh Germany v Scotland tonight will hopefully deliver some high comedy either way..... (Scotland being hammered or Germany badly struggling).


The former I hope


Yes, indeed, come on the Erics!


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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 18 Jun 2024 18:05

So latest update from STAR is there is no news but funds are due to cover HMRC and wages, the way its worded sounds like it is from outside - where this is from is anyone's guess.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Jun 2024 18:35

Anybody with access to Google knows are running costs are high for a L1 club. Are these buyers surprised to discover it?

Though the bigger problem seems to be Dai's asking price - perhaps it would be fair if the club was financially stable, but given it's running up losses it's clearly too high.

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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 18 Jun 2024 19:31

WestYorksRoyal Anybody with access to Google knows are running costs are high for a L1 club. Are these buyers surprised to discover it?

Though the bigger problem seems to be Dai's asking price - perhaps it would be fair if the club was financially stable, but given it's running up losses it's clearly too high.


Agree - something that's priced to sell will sell.

Howe is giving STAR a load of nonsense around the complex structure etc.

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 18 Jun 2024 22:18



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Re: TAKEOVER *NOT* CONFIMRED

by Clyde1998 » 18 Jun 2024 22:59

WestYorksRoyal Anybody with access to Google knows are running costs are high for a L1 club. Are these buyers surprised to discover it?

Though the bigger problem seems to be Dai's asking price - perhaps it would be fair if the club was financially stable, but given it's running up losses it's clearly too high.

We'll have two bigger costs than a typical League One club - the stadium and the academy.

The stadium maintenance will be a fairly fixed cost and will probably be offset by ticket sales.

Having a Category One academy in League One is probably the biggest factor as to why we're needing external funding. Of course, it does also mean we don't have to buy as many players and may be able to sell players for higher fees than a typical League One club. However, the operating costs are probably too great whilst we're in League One.

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Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 19 Jun 2024 07:27

Sutekh Latest on Couhig from the Chronic

https://www.readingchronicle.co.uk/news ... g-rumours/


As this is behind the chronicle’s paywall :roll: a quick tip if you copy and paste the link and open a private browsing session (incognito) you can bypass the paywall :wink:

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Re: TAKEOVER *NOT* CONFIMRED

by Mr Angry » 19 Jun 2024 07:48

This morning, SSN had a short article on the Women's Championship focused on Reading.

It stated that officials are worried that, after the FA rejected the latest proposal to buy Reading, (my emphasis) the women's team were under threat of being automatically relegated to Tier 4, with only 2 players currently under contract and no plans to extend contracts of players.

What do SSN mean about a rejection of the latest proposal to buy Reading FC?

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Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 19 Jun 2024 07:54

Mr Angry This morning, SSN had a short article on the Women's Championship focused on Reading.

It stated that officials are worried that, after the FA rejected the latest proposal to buy Reading, (my emphasis) the women's team were under threat of being automatically relegated to Tier 4, with only 2 players currently under contract and no plans to extend contracts of players.

What do SSN mean about a rejection of the latest proposal to buy Reading FC?


I wouldn’t read to much into that SSN are fcuking shit

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 19 Jun 2024 08:13

Mr Angry This morning, SSN had a short article on the Women's Championship focused on Reading.

It stated that officials are worried that, after the FA rejected the latest proposal to buy Reading, (my emphasis) the women's team were under threat of being automatically relegated to Tier 4, with only 2 players currently under contract and no plans to extend contracts of players.

What do SSN mean about a rejection of the latest proposal to buy Reading FC?


Think it's more to do with being able to demonstrate the women's team is "roadworthy" for next season. The FA manage the WSL divisions and want proof of sustainability and finances etc., which probably is a bit difficult when the club is "between owners" and would imagine the club's priorities are not going to be the women's team during negotiations.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 19 Jun 2024 08:19

Clyde1998
WestYorksRoyal Anybody with access to Google knows are running costs are high for a L1 club. Are these buyers surprised to discover it?

Though the bigger problem seems to be Dai's asking price - perhaps it would be fair if the club was financially stable, but given it's running up losses it's clearly too high.

We'll have two bigger costs than a typical League One club - the stadium and the academy.

The stadium maintenance will be a fairly fixed cost and will probably be offset by ticket sales.

Having a Category One academy in League One is probably the biggest factor as to why we're needing external funding. Of course, it does also mean we don't have to buy as many players and may be able to sell players for higher fees than a typical League One club. However, the operating costs are probably too great whilst we're in League One.


Very much this. As you say the stadium will be a big cost that we can't really do too much about esp as our average attendance doesn't even really allow for a stand to be mothballed for a period to cut some costs. The Academy and the Womens Team are both unfortunately areas that the club is spending on that will put us well above other clubs at our current level.

As horrible as downgrading the Womens side is, if the money saved there helps keep the club afloat then is should be downsized or closed for a period - after all, if there is no mens side, there is no club and as a result no womens team anyway.

The Academy could pay for itself if we are able to sell talent from it regularly at high prices with sell on fees - but shifting down a level or even moving to a B Team model may be more cost effective at this time. We can always apply for Cat 1 again if and when we are established in the Champ again.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 19 Jun 2024 08:21

Clyde1998
WestYorksRoyal Anybody with access to Google knows are running costs are high for a L1 club. Are these buyers surprised to discover it?

Though the bigger problem seems to be Dai's asking price - perhaps it would be fair if the club was financially stable, but given it's running up losses it's clearly too high.

We'll have two bigger costs than a typical League One club - the stadium and the academy.

The stadium maintenance will be a fairly fixed cost and will probably be offset by ticket sales.

Having a Category One academy in League One is probably the biggest factor as to why we're needing external funding. Of course, it does also mean we don't have to buy as many players and may be able to sell players for higher fees than a typical League One club. However, the operating costs are probably too great whilst we're in League One.

Back to my original points - are potential buyers morons who only discover this months down the line? What you describe is well known. How many "Reading FC shitshow" articles have been published in the last 18 months?

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