Coppell out!

[Smoking Kills Dancing Doe]

would get a massive pay out if he was sacked

He wouldnt

and would walk into another job.

Maybe. But I wouldnt bet on it being anything other than a championship club, a premiership club with relegation potential or a 'minor' international side.

Any Premiership or Championship manager for that matter would walk away with plenty of money and Coppell would not have signed on for 2 years if that was not the case.

[IMAMATEOFJOVSKY]

So royalee . a media suite to keep the sharks happy and warm is more important than investment in the team?? - now who's the retard !!

Whats the point of any of them if we are a championship team next year - ah you also missed the planned stadium expansion - oh no I forgot thats cancelled due to lack on interest

Are you the chairman in disguise? - many similarities such as talking billy bull shite!

[Big Ern]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

[Royalee]

Because Premier League rules state that you must have one capable of catering for a certain amount of media executives or guests. Failure to do so results in penalties you spastic. It is COMPULSORY.

You forget that TV rights are coming from the media you f*cking numpty.

Now, jog on and do some proper research before bedtime.

[Smoking Kills Dancing Doe]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

I hope your not trying to imply JM tries to get out of paying tax on money he makes.

[Royalee]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

I didn't realise Madejski was such a wealthy sole trader.

F*ckwit.

[Royal Lady]

Because Premier League rules state that you must have one capable of catering for a certain amount of media executives or guests. Failure to do so results in penalties you spastic. It is COMPULSORY.

You forget that TV rights are coming from the media you f*cking numpty.

Now, jog on and do some proper research before bedtime.

If you persist with your swearing and general unpleasantness towards other posters who just happen to not agree with you, I will delete your posts. Much love.

[Royalee]

Maybe you should delete the posts of people who post with no facts or figures to back up their claims as they infuriate others.

[DelBoyRodders]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

I didn't realise Madejski was such a wealthy sole trader.

F*ckwit.

I stand by my original quotes directed at you.

Good night.

[Royal Lady]

Maybe you should delete the posts of people who post with no facts or figures to back up their claims as they infuriate others.

What facts or figures have you given us then? Just because you're infuriated, there is no need to direct abuse at certain posters on here imho.

[Dr Hfuhruhurr]

Any Premiership or Championship manager for that matter would walk away with plenty of money and Coppell would not have signed on for 2 years if that was not the case.

[/quote]

suppose it depends what you mean by massive, and what sort of contract you think Coppell is on. Given the financial wage restraint of the club, Coppell isnt on an Allardyce - esque wage. To top things off, Madejski isnt really a sacking type Chairman - he learnt that with Burns. Indeed, he tried very hard if I remember to get West Ham to pay the rest of Pardew's contract off, to the point where he nearly made a profit on the transaction. I think we can say that Coppell leaving the club wont cost us a lot of money

[Cpl Jones Dont panic]

Ref the requirement for the media centre and extras demanded by premiership rules, surley there must be a period of leadway, for newly promoted clubs ?

Can any one tell me how Pompey get by, there is no way that their last century ground would contain the all singing all dancing, that we seem wish to provide?

[IMAMATEOFJOVSKY]

Royalee is so sure of his information, unlike others as he befits to say, that I am convinced he is an insider , probably even the man himself -

[North Somerset Royal]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

Yes that is right. The football club is part of Reading Football Club Ltd. However the stadium complex is not owned by that company but by another company Reading FC Holdings Ltd. Two other accountancy points. One is that capital expenditure such as the media suite and training ground do not effect profits. They are merely the result of swapping one asset (cash at bank) with another (the value of the new building) The same applies to the capital cost of players but their wages do reduce profits in a big way. Final point for all those who keep arguing about whether or not funds were made available to SC. JM has always operated a policy of having no fixed transfer budget. Theoretically therefore SC could go to JM and ask for funding for a £10m plus signing. However SC knows that he has to operate within the clubs tight wages policy which means that there is no pont in going for established premier players whose wages exceed the club limit. The reason why SC has not spoken out more on this is simply that the policy was made clear to him at the outset and in taking the job he agreed to operate within those rules.

[Arch]

Royalee is so sure of his information, unlike others as he befits to say, that I am convinced he is an insider , probably even the man himself -

Whereas you are clearly unburdened by any kind of inside information at all in forming your judgement.

[Dr Hfuhruhurr]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

Yes that is right. The football club is part of Reading Football Club Ltd. However the stadium complex is not owned by that company but by another company Reading FC Holdings Ltd. Two other accountancy points. One is that capital expenditure such as the media suite and training ground do not effect profits. They are merely the result of swapping one asset (cash at bank) with another (the value of the new building) The same applies to the capital cost of players but their wages do reduce profits in a big way. Final point for all those who keep arguing about whether or not funds were made available to SC. JM has always operated a policy of having no fixed transfer budget. Theoretically therefore SC could go to JM and ask for funding for a £10m plus signing. However SC knows that he has to operate within the clubs tight wages policy which means that there is no pont in going for established premier players whose wages exceed the club limit. The reason why SC has not spoken out more on this is simply that the policy was made clear to him at the outset and in taking the job he agreed to operate within those rules.

Well Amen to that.
Would it also be correct that this new media suite (which appears to be unexpectedly controversial) could also be considered an asset in the sale of whatever holdings in the club JM decides to sell to a (far eastern) buyer.

[Royalee]

Maybe you should delete the posts of people who post with no facts or figures to back up their claims as they infuriate others.

What facts or figures have you given us then? Just because you're infuriated, there is no need to direct abuse at certain posters on here imho.

RE media centre, TV money and so on. That's where the money's gone - I was also correct in stating Coppell has come out and said he has money to spend and has chosen not to spend it.

I'm not directing abuse at people, I'm putting them in their place as they lack any knowledge or intellect whatsoever.

[RoyalBlue]

Because Premier League rules state that you must have one capable of catering for a certain amount of media executives or guests. Failure to do so results in penalties you spastic. It is COMPULSORY.

You forget that TV rights are coming from the media you f*cking numpty.

Now, jog on and do some proper research before bedtime.

And you are saying that our current media facilities are worse than every other Premier League club?!!

I'm sure they could have found a way around the requirements had they wanted to. And even if not, just what would the penalties be? Hardly deduction of points material!!

[Royal Lady]

Except you've been proved wrong on who owns the training ground etc but called people names when they corrected you! I'm not really bothered who's got what facts right, just stop calling people oxf*rd and pr*cks when you don't like what they're saying! At the end of the day, we all want the same thing and we all support the same team.

[North Somerset Royal]

Yes that is right. My personal view is that JM is happy to spend money on that sort of thing as it increases the fixed assets and thereby the value of his shares. Money spent on buying a player does reflect in a balance sheet asset but depending on the players age etc may have to be written off over the contract period if they on a Bosman or become worth less because of age. Also their wages certainly do have to be written off against profits and therefore have a negative effect on the share value. If I was JM therefore I would be happier spending money on media suites than players.