by Greatwesternline » 13 Sep 2023 20:05
by Snowflake Royal » 13 Sep 2023 20:07
Greatwesternline I find it strange that the football director side of the business was still going around signing players right up to *checks notes* Thursday, when we didnt have the money to do it.
Why are we signing new players when we dont have the money to pay the ones we do have and to meet the rules.
I also dont understand why so many people were clamouring for signings on deadline day when we are a club in dire financial distress, but that's a whole new level of stupid.
Why would the ELF go easy on a club for breaking its rules when the club still thinks it can go around signing new players. The administration of the club is a mess from top to bottom.
by The Royal Forester » 13 Sep 2023 20:09
by AthleticoSpizz » 13 Sep 2023 20:16
by Greatwesternline » 13 Sep 2023 20:17
WestYorksRoyal Somebody needs to put us out of our misery and bring a winding up petition. I know HMRC tried. That's the only legal way Dai can be forced out. Court appoints administrator, administrator agrees sale.
It would certainly mean L2, but would provide an escape from this miserable tenure.
by Hound » 13 Sep 2023 21:07
Greatwesternline I find it strange that the football director side of the business was still going around signing players right up to *checks notes* Thursday, when we didnt have the money to do it.
Why are we signing new players when we dont have the money to pay the ones we do have and to meet the rules.
I also dont understand why so many people were clamouring for signings on deadline day when we are a club in dire financial distress, but that's a whole new level of stupid.
Why would the ELF go easy on a club for breaking its rules when the club still thinks it can go around signing new players. The administration of the club is a mess from top to bottom.
by RoyalBlue » 13 Sep 2023 21:08
Greatwesternline I find it strange that the football director side of the business was still going around signing players right up to *checks notes* Thursday, when we didnt have the money to do it.
Why are we signing new players when we dont have the money to pay the ones we do have and to meet the rules.
I also dont understand why so many people were clamouring for signings on deadline day when we are a club in dire financial distress, but that's a whole new level of stupid.
Why would the ELF go easy on a club for breaking its rules when the club still thinks it can go around signing new players. The administration of the club is a mess from top to bottom.
by From Despair To Where? » 13 Sep 2023 22:53
by Snowflake Royal » 13 Sep 2023 23:02
The Royal Forester When relegation was certain last season, many nobbers were glad to go to different grounds and win matches and obtain an instant return to the Championship. Are they still full of confidence of visiting new grounds and retuning to League One at the end of next season? That is if we still exist next year.
by Royal Monkey » 14 Sep 2023 01:34
by Winston Biscuit » 14 Sep 2023 09:14
The Royal Forester When relegation was certain last season, many nobbers were glad to go to different grounds and win matches and obtain an instant return to the Championship
by leon » 14 Sep 2023 09:19
Snowflake RoyalGreatwesternline I find it strange that the football director side of the business was still going around signing players right up to *checks notes* Thursday, when we didnt have the money to do it.
Why are we signing new players when we dont have the money to pay the ones we do have and to meet the rules.
I also dont understand why so many people were clamouring for signings on deadline day when we are a club in dire financial distress, but that's a whole new level of stupid.
Why would the ELF go easy on a club for breaking its rules when the club still thinks it can go around signing new players. The administration of the club is a mess from top to bottom.
So get the MPs to get off their arses and finally do something.
by NathStPaul » 14 Sep 2023 09:20
by WestYorksRoyal » 14 Sep 2023 09:37
by Brogue » 14 Sep 2023 09:49
WestYorksRoyal I get that, once an owner is in, the EFL have limited options. They can't force them out. And I also get that, as part of the fit and proper person test, they can't audit intentions or future geopolitical developments. They can largely look at proof of funding, criminal convictions, origin of funds etc.
But, in our case, concerns about our owner were known. He had be been blocked taking over Hull by the PL. The article below at the time voiced real concerns - not with the benefit of hindsight. They definitely share some blame, compared with Mel Morris for example where they had no real grounds to block him.
Of course, the political question is whether they can be given more power to rectify problems once they reach this stage. Legal powers to mandate administration and force the owner to find a buyer.
https://www.telegraph.co.uk/football/20 ... -takeover/
Now, eight months on, Dai Yongge and Dai Xiu Li are attempting a fresh buy-out at Reading. No Hang Tao this time. Despite this, due to the collapse of the Hull deal, there has been speculation that if Reading were promoted this season, the Premier League would stop them coming up.
This won’t happen. The Reading takeover is constructed in a different way, which is the reason the Football League are ready to sanction it, and the Premier League, too. But does this mean Dai Yongge and Dai Xiu Li are good for Reading? Who can say?
That is what a fit and proper persons test can never know. It can investigate legal and financial details, it can check structure and economic viability. What it cannot ask is: are you a clown?
Will you sack Gary Rowett and put Gianfranco Zola in charge? Do you think Steve Kean is a better manager than Sam Allardyce?
In pure business terms, Venky’s are fit and proper people to own Blackburn. They run a very successful poultry business. They just happened to be clueless when it came to football. The Dai family already own a football club in China: Beijing Renhe. In their time it has qualified for the Asian Champions League. Last season it was relegated.
So there is no test to expose football acumen. If Dai Yongge and Dai Xiu Li end up running Reading into the ground, it won’t be because the authorities were negligent. They did their bit seeing off Hang Tao. The rest cannot be known.
by Royal Monkey » 14 Sep 2023 09:59
NathStPaul Yeah relying on MP's isn't going to do a lot in the position we are in.
It is time to smash things up and make a noise.
by NathStPaul » 14 Sep 2023 10:00
Royal MonkeyNathStPaul Yeah relying on MP's isn't going to do a lot in the position we are in.
It is time to smash things up and make a noise.
Smash things up and make a noise !
Your comedy gold pal !!
Didn’t you say you’re not even going anywhere near the ground till the owner leaves and now you’re calling for other fans to smash things up.
If sell before we Dai came out and said the next thing they want fans to do is go and smash things up you would be calling them absolute deluded idiots !
by Royal Monkey » 14 Sep 2023 10:04
NathStPaulRoyal MonkeyNathStPaul Yeah relying on MP's isn't going to do a lot in the position we are in.
It is time to smash things up and make a noise.
Smash things up and make a noise !
Your comedy gold pal !!
Didn’t you say you’re not even going anywhere near the ground till the owner leaves and now you’re calling for other fans to smash things up.
If sell before we Dai came out and said the next thing they want fans to do is go and smash things up you would be calling them absolute deluded idiots !
No I would only call you that.
by Snowflake Royal » 14 Sep 2023 10:09
WestYorksRoyal I get that, once an owner is in, the EFL have limited options. They can't force them out. And I also get that, as part of the OWNERS AND DIRECTORS test, they can't audit intentions or future geopolitical developments. They can largely look at proof of funding, criminal convictions, origin of funds etc.
But, in our case, concerns about our owner were known. He had be been blocked taking over Hull by the PL. The article below at the time voiced real concerns - not with the benefit of hindsight. They definitely share some blame, compared with Mel Morris for example where they had no real grounds to block him.
Of course, the political question is whether they can be given more power to rectify problems once they reach this stage. Legal powers to mandate administration and force the owner to find a buyer.
https://www.telegraph.co.uk/football/20 ... -takeover/
by SouthDownsRoyal » 14 Sep 2023 10:25
Webster750 Why are new topics/threads on the board frowned upon?
Are discussions surrounding the most recent points deduction at all easier to find/respond to when spread across numerous random pages on different individual threads?
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