Confimred new owners of Raeding Footbal Club

[ZacNaloen]

He was at all of the ones at the Madejski stadium *shrug*

[Ian Royal]

So £1.6m interest payment. That still leaves £14.4m PP to pay the £10.5m loan

But then you only have a couple of million left and still have to pay all the staff etc, so you'd need to borrow against the next couple of PPs and you're back to square one shirley?

What do you think the £10m loan was for? It's not been sitting in the bank or AZ's pocket. It was used to pay the players, as the parachute payments are intended to do. Just they're stupidly paid at the end of the season so you have to get a loan for ongoing payments, unless you made a surplus to cover it the previous year.

[blueroyals]

And the good old Official site names its ten top videos. Has anyone told them we are in dire trouble?? Does anyone bother to read the dribble they come out with anymore?

Do you think Reading FC's equivalent of a shelf-stacker is any more informed than you or I? Those media monkeys sit around on their asses all day and have to justify their existence with something to stop them stealing a living

[winchester_royal]

My take from the CS interview was that he was saying goodbye and we wouldn't see him again.

As opposed to his high profile over the last years?

You don't go to all the U21/U18 games unless you at least have some interest in the club's long term health

You only have to say you did. No one would really know.

Did they put a cardboard cut out of him in the director's box as well?

[Ian Royal]

As i understand it we couldn't possibly have lost all that money just on wages alone. Even the high earners would have seen their salaries cut by a third after relegation. That black hole has emerged through more sinister going ons. Why are the loan company calling in their loan? There are many other clubs in much more debt than us. How can we be in this mess when we have been prudent? It does not make sense.

Argument from personal incredulity. Means nothing. Even if the wage budget was cut by a third that goes from £46m to £30m. Our income in the Championship is about £15m not including parachute payments. So call it £31m total. We made a loss last year of £2m despite income of about £50+ last year. Showing that the wages are a huge slice, but not the whole pie. Quite easy for us to make a loss this season with wages having been cut by a third given other normal operating costs.

And if wages haven't gone down by that much, it explains a lot more.

[Uke]

My take from the CS interview was that he was saying goodbye and we wouldn't see him again.

As opposed to his high profile over the last years?

You don't go to all the U21/U18 games unless you at least have some interest in the club's long term health

You only have to say you did. No one would really know.

Did they put a cardboard cut out of him in the director's box as well?

They would have bussed in Samuelson's from Swindon.

It's the Russian way

[blueroyals]

Dellor reported last Thursday that a deal would be done by the weekend. 2 working days later Burman has pulled out - you'd assume that a) Dellor's source was at the top and b) the only firm offer was from Burman.

Something pretty monumental must have happened Friday or today

[ZacNaloen]

I precluded that his source was samuelson all along and samuelson was talking about his bid Phoenix bid.

[JakeTheRoyal]

All this talk just makes my brain fart

[Uke]

All this talk just makes my brain fart

Try not to follow through

[Lovely hot donuts!]

[Silver Fox]

And the good old Official site names its ten top videos. Has anyone told them we are in dire trouble?? Does anyone bother to read the dribble they come out with anymore?

I don't have time after reading the dogshit that gets posted on here

[Royal Rother]

The astonishingly dim witted levels of speculation and hand wringing bring me great amusement.

[RoyalBlue]

So according to Get Reading, Vibrac are now in a position where they can not only demand their cash back but also name their price for the club???

If so what an incredible f*ck up has been created by a so-called brilliant businessman.

[72 bus]

So according to Get Reading, Vibrac are now in a position where they can not only demand their cash back but also name their price for the club???

If so what an incredible f*ck up has been created by a so-called brilliant businessman.

Give it a rest you tedious oxf*rd

[Royal Rother]

So according to Get Reading, Vibrac are now in a position where they can not only demand their cash back but also name their price for the club???

If so what an incredible f*ck up has been created by a so-called brilliant businessman.

[multisync1830]

Dellor reported last Thursday that a deal would be done by the weekend. 2 working days later Burman has pulled out - you'd assume that a) Dellor's source was at the top and b) the only firm offer was from Burman.

Something pretty monumental must have happened Friday or today

lovin this shit

[Only one Trevor Morley]

Adkins must be sitting by his phone waiting for it to ring. Won't be surprised if he moves on shortly. I don't blame him at all.

You can see that drenthe will become the tal Ben haim of our wage book....

[MmmMonsterMunch]

I've avoided HNA for weeks now. Should have stayed away for longer.......how utterly depressing this all is.



Echo RB's sentiments - major major fcuk up by JM here.

[JakeTheRoyal]

I've avoided HNA for weeks now. Should have stayed away for longer.......how utterly depressing this all is.



Echo RB's sentiments - major major fcuk up by JM here.

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