Confimred new owners of Raeding Footbal Club

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multisync1830
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Re: Buyout

by multisync1830 » 02 Jun 2014 14:22

Esteban We added three directors to the board a week or so ago and our credit rating improved. We've now removed three directors involved with our holding company, which we owe money to.l.

this isn't correct.

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Re: Buyout

by Elm Park Pasty » 02 Jun 2014 14:29

blueroyals
howser Delighted with the news that TSI are no longer attached to the club, accepting that they might still be on the pay roll of course, Sir John can now get on with the main item on the clubs agenda. The Burman interest has to be the acceptable one, he has a proven track record of backing his sporting investments, there will be some new blood at boardroom level, especially as the two remaining obstacles have now been removed.


Apart from the fact that they still own us?


This does seem open to question. Multisync a few pages back referred to the shares having been handed back to SJM, with Charles Watts tweeting something later in the morning. If they didn't have shares, then I'm not quite sure how AO and CS hung around.

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Agent Balti
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Re: Buyout

by Agent Balti » 02 Jun 2014 14:37

Elm Park Pasty
blueroyals
howser Delighted with the news that TSI are no longer attached to the club, accepting that they might still be on the pay roll of course, Sir John can now get on with the main item on the clubs agenda. The Burman interest has to be the acceptable one, he has a proven track record of backing his sporting investments, there will be some new blood at boardroom level, especially as the two remaining obstacles have now been removed.


Apart from the fact that they still own us?


This does seem open to question. Multisync a few pages back referred to the shares having been handed back to SJM, with Charles Watts tweeting something later in the morning. If they didn't have shares, then I'm not quite sure how AO and CS hung around.


I'd guess it was just to finalise any semblance of pay-off to get the hell out of our club, maybe?

UpThePrem
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Re: Buyout

by UpThePrem » 02 Jun 2014 14:40

multisync1830
Esteban We added three directors to the board a week or so ago and our credit rating improved. We've now removed three directors involved with our holding company, which we owe money to.l.

this isn't correct.


SJM added three members to the board of Reading FC Holdings not Reading FC.

multisync1830
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Re: Buyout

by multisync1830 » 02 Jun 2014 14:56

Elm Park Pasty
blueroyals
howser Delighted with the news that TSI are no longer attached to the club, accepting that they might still be on the pay roll of course, Sir John can now get on with the main item on the clubs agenda. The Burman interest has to be the acceptable one, he has a proven track record of backing his sporting investments, there will be some new blood at boardroom level, especially as the two remaining obstacles have now been removed.


Apart from the fact that they still own us?


This does seem open to question. Multisync a few pages back referred to the shares having been handed back to SJM, with Charles Watts tweeting something later in the morning. If they didn't have shares, then I'm not quite sure how AO and CS hung around.



there was a tweet to say az gave his shares back in jan. no evidence was provided nor any indication of who he gave them back to. it as assumed here that they were given back to AO & CS. however they have never had any shares before so couldn't technically be given them back only given to.

I personally never believed either was true, one why give back shares in jan when the oman deal was reaching a conclusion,
2 why give them back early when he had already offered them to SJM in June (on condition of a non sale).

To add, whilst it may not be relevant here, if you suspect someone inside is leaking information but you can't find out who,then all you do it make up 3 different versions and leak to 3 different people, then you can find out if who is leaking and if more than one person is too. Once you know who you can decide to stop it or use it as a way of getting information and equally importantly misinformation out. I have said it before I wonder if some of the twitterati are victim of this?


It is only my belief that this is strong coincidence that the offer for a june give back (for one pound) aligns with all the TSI people resigning from the board.

CS is a deal maker, he brought AZ/TSI to SJM and negotiated the deal. He was kept on to act on behalf of AZ. Once the TSI deal started to unravel he was kept on to find another buyer as well. Now if my version is correct the shares have gone back to SJM as per the offer, there is no need for them to stay as they no longer represent anyone connected with RFC.

I have only met CS once and whilst i wasn't left with a favourable opinion I don't think he's quite the villain the last week has portrayed him as.


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Reading4eva
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Re: Buyout

by Reading4eva » 02 Jun 2014 16:00

For the first time in a long time I feel happy supporting Reading FC again. I would rather be struggling for funds under Madejski than struggling for funds under any of the other three who obviously don't care about the football club.

I reckon this period will be shortlived, but I feel this is an essential move to get the Burman deal in

The Sagi deal has strangely today fallen off the radar and gone quiet. Maybe Madejski also believes Burman is the better option than Sagi

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Reading4eva
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Re: Buyout

by Reading4eva » 02 Jun 2014 16:02

multisync1830 I have only met CS once and whilst i wasn't left with a favourable opinion I don't think he's quite the villain the last week has portrayed him as.


Of course he was the villain. He has shown he was a scumbag before Reading FC and has been holding on for dear life to the club only to make himself a bit of wealth.

He should never be welcome in this town again

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HoneyRoastHoax
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Re: Buyout

by HoneyRoastHoax » 02 Jun 2014 16:07

Reading4eva
multisync1830 I have only met CS once and whilst i wasn't left with a favourable opinion I don't think he's quite the villain the last week has portrayed him as.


Of course he was the villain. He has shown he was a scumbag before Reading FC and has been holding on for dear life to the club only to make himself a bit of wealth.

He should never be welcome in this town again


Stop believing everything journalists/ITK merchants tell you!

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From Despair To Where?
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Re: Buyout

by From Despair To Where? » 02 Jun 2014 16:16

The Sagi bid looked to maintain the status quo in the boardroom. Probably why it was the preferred bid for certain ex board members. I'm more comfortable with the Burman bid although it's all something of a leap into the unknown.


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HoneyRoastHoax
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Re: Buyout

by HoneyRoastHoax » 02 Jun 2014 16:19

I have to say after reading the comments on the facebook page you lot are actually doing better.

Bunch of yomos on there

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Re: Buyout

by Elm Park Pasty » 02 Jun 2014 16:30

Reading4eva
multisync1830 I have only met CS once and whilst i wasn't left with a favourable opinion I don't think he's quite the villain the last week has portrayed him as.


Of course he was the villain. He has shown he was a scumbag before Reading FC and has been holding on for dear life to the club only to make himself a bit of wealth.

He should never be welcome in this town again


No chance of being slightly over the top there? I have criticised CS in terms of he seemingly being an obstacle to a sale of the club, but he does seem to have a record of having been at the club for youth games/U21 fixtures. Fixers of his sort don't tend to be 'nice' people, because of the nature of what they do. If the comment about being a scumbag before was around Everton, then I thought this was already explained elsewhere.

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Re: Buyout

by Norfolk Royal » 02 Jun 2014 16:32

When was the last time anyone went to Reading and did feel welcome?

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maffff
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Re: Buyout

by maffff » 02 Jun 2014 16:44

HoneyRoastHoax
Reading4eva
multisync1830 I have only met CS once and whilst i wasn't left with a favourable opinion I don't think he's quite the villain the last week has portrayed him as.


Of course he was the villain. He has shown he was a scumbag before Reading FC and has been holding on for dear life to the club only to make himself a bit of wealth.

He should never be welcome in this town again


Stop believing everything journalists/ITK merchants tell you!


It's like AZ. Genuinely decent guy with real intentions.

Sadly things don't always work out.

Not that anyone on here wants to hear that.


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Re: Buyout

by Elm Park Pasty » 02 Jun 2014 16:46

Norfolk Royal When was the last time anyone went to Reading and did feel welcome?


Probably Wigan Athletic the last two seasons.

JIM
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Re: Buyout

by JIM » 02 Jun 2014 17:09

PLEASE tell me is there any link between TSI and READING FC in any role.?

multisync1830
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Re: Buyout

by multisync1830 » 02 Jun 2014 17:12

JIM PLEASE tell me is there any link between TSI and READING FC in any role.?


TBC

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Angry Shed Sex
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Re: Buyout

by Angry Shed Sex » 02 Jun 2014 17:14

JIM PLEASE tell me is there any link between TSI and READING FC in any role.?

Didn't you read the statement from Reading FC earlier?

To some it seems crystal clear.

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Royal Rother
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Re: Buyout

by Royal Rother » 02 Jun 2014 17:32

RoyalBlue
PieEater I think he missed a trick in that press release by not opening it with "FAO RoyalBlue"


And now you fools give the great Ego praise for possibly sorting out the mess that he created in the first place?!! :roll:

So now all he needs to do is provide the money (not from player sales) to cover the tax bills that the incredibly well run business that is Reading FC ran up during the past couple of years that he has been chairman and in day to day control.

And before he is given even more credit, Fordham makes the valid point that just because Samuelson and his mate are off the board doesn't mean that they are off the payroll or have completely disappeared.

As for the assurances of funding being in place - just how short are your memories? This is the guy who is on record as saying that funding would be available to Adkins during the last transfer window! :twisted:

:lol:

OMG, you are soooo funny. Always worth a read for the chuckles. :lol:

What made you think the tax bills have been run up over the last 2 years? It's one month of PAYE!

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ZacNaloen
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Re: Buyout

by ZacNaloen » 02 Jun 2014 17:35

It's obviously PAYE, that';s why there's another tax bill this month to pay as well :lol:

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winchester_royal
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Re: Buyout

by winchester_royal » 02 Jun 2014 17:47

VAT, NI, PAYE, duties on alcohol. We're not going to be any other type of tax.

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