TAKEOVER *NOT* CONFIMRED

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morganb
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Re: TAKEOVER *NOT* CONFIMRED

by morganb » 29 Jun 2024 08:10

I'm told ... Reading are unable to sign anyone- including free agents or loans- until we know where we stand with the ownership saga... EFL decision


Missed this yesterday, from James Earnshaw on Twitter

https://x.com/james_e1871/status/180664 ... Qj2OQ&s=19

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SouthDownsRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 29 Jun 2024 09:08

Sutekh So it would appear the new interest in taking the club on do not wish to operate a women's team at all, so this sounds like a real good way to start a relationship - but then if the idiot is still refusing to play ball properly then cutting every "extraneous" expense possible might give them more "wriggle" room in dealing with him.

At least all wages and tax have been paid for June.

Not asking for names or any monetary specifics but some general information about what exactly is going on and where things stand between the parties would be helpful as the no news treatment just leads to spiralling negative rumours everywhere and this is the last thing you want at this time of year. Just something to help try and stop the spiralling negativity that we have at the moment.

By the way isn't NH suspended from football activities now?


Nothing is happening that’s why there is no news

You say interest in the club don’t want a womens team? Who is this who has said it?

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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 29 Jun 2024 09:39

morganb
I'm told ... Reading are unable to sign anyone- including free agents or loans- until we know where we stand with the ownership saga... EFL decision


Missed this yesterday, from James Earnshaw on Twitter

https://x.com/james_e1871/status/180664 ... Qj2OQ&s=19

How did Abrefa sign a new deal then?

Mid Sussex Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 29 Jun 2024 13:03

Deadline for submitting financials is tomorrow,. even after allowing for our current situation. 22/23 still not yet submitted according to Kieran McGuire.

Assume we can only be punished by transfer embargo (which we are already under)

Sutekh
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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 29 Jun 2024 15:51

Mid Sussex Royal Deadline for submitting financials is tomorrow,. even after allowing for our current situation. 22/23 still not yet submitted according to Kieran McGuire.

Assume we can only be punished by transfer embargo (which we are already under)


Someone pointed out a while ago on here that as the club is in the process being sold the deadline to post accounts might be able to be postponed until the sale is completed. Anyway we shall see.


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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 29 Jun 2024 15:54

Sutekh
Mid Sussex Royal Deadline for submitting financials is tomorrow,. even after allowing for our current situation. 22/23 still not yet submitted according to Kieran McGuire.

Assume we can only be punished by transfer embargo (which we are already under)


Someone pointed out a while ago on here that as the club is in the process being sold the deadline to post accounts might be able to be postponed until the sale is completed. Anyway we shall see.

We're not really in the process of being sold though are we. Exclusivity ended. Nothing new has happened. We're no further forward than we were in September.

You can't just say you're in the process of being sold constantly to just never submit your accounts.

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Lower West
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Re: TAKEOVER *NOT* CONFIMRED

by Lower West » 29 Jun 2024 23:20

Sutekh
Mid Sussex Royal Deadline for submitting financials is tomorrow,. even after allowing for our current situation. 22/23 still not yet submitted according to Kieran McGuire.

Assume we can only be punished by transfer embargo (which we are already under)


Someone pointed out a while ago on here that as the club is in the process being sold the deadline to post accounts might be able to be postponed until the sale is completed. Anyway we shall see.


There's a legal requirement to submit annual accounts. There's zero benefit to withholding them. Unless the auditors are unwilling to sign them off due to going concern issues. How much future funding is secured?

blythspartan
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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 30 Jun 2024 00:20

Lower West
Sutekh
Mid Sussex Royal Deadline for submitting financials is tomorrow,. even after allowing for our current situation. 22/23 still not yet submitted according to Kieran McGuire.

Assume we can only be punished by transfer embargo (which we are already under)


Someone pointed out a while ago on here that as the club is in the process being sold the deadline to post accounts might be able to be postponed until the sale is completed. Anyway we shall see.


There's a legal requirement to submit annual accounts. There's zero benefit to withholding them. Unless the auditors are unwilling to sign them off due to going concern issues. How much future funding is secured?


Sadly, Dai will continue to do what he wants.

Theoretically speaking can a group still buy the club and do their due diligence without being granted exclusivity? I appreciate that wouldn’t make much sense. For all we know a new group could have been granted exclusivity, and the club aren’t saying anything due to the last debacle.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 01 Jul 2024 09:52

So accounts not filed in time it appears, after using up a 3 month extension.

Club will now be fined GBP 150 and we are the only club in the 92 not to have submitted accounts.


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Re: TAKEOVER *NOT* CONFIMRED

by Crusader Royal » 01 Jul 2024 10:40

Stranded So accounts not filed in time it appears, after using up a 3 month extension.

Club will now be fined GBP 150 and we are the only club in the 92 not to have submitted accounts.


150 quid seems a manageable amount.
Will Chiron be paying it or maybe SCL will stump up.

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Re: TAKEOVER *NOT* CONFIMRED

by Wycombe Royal » 01 Jul 2024 12:12

Sutekh So it would appear the new interest in taking the club on do not wish to operate a women's team at all

This isn't the way I see it. I saw it that they didn't want the womens team being sold to a 3rd party as they then couldn't operate it in the future.

This way, although it is terrible news now, the womens team remains part of the wider football club and when the ownership and money troubles have been resolved it can be invested in again and rebuild itself. That is not possible if it is owned by a 3rd party.

I could however be wide of the mark.

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