Madejski Announcement

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Friday's Legacy
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Madejski Announcement

by Friday's Legacy » 20 Aug 2011 19:57

Reading FC - Official
After the game today, Chairman Sir John Madejski spoken openly and honestly to the media about club finances, signing new players and much more besides. We'll bring you it in full on Monday, when much of it will also be in the newspapers and local press.

was the interview on radio berks or do we really have to wait until monday to know the detail?
Last edited by Friday's Legacy on 20 Aug 2011 20:15, edited 1 time in total.

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RoyalBlue
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Re: Madejski & Money

by RoyalBlue » 20 Aug 2011 20:05

Friday's Legacy Reading FC - Official
After the game today, Chairman Sir John Madejski spoken openly and honestly to the media about club finances, signing new players and much more besides. We'll bring you it in full on Monday, when much of it will also be in the newspapers and local press.

was the interview on radio berks or do we really have to wait until monday to know the detail?


I reserve judgment on the description of how he spoke. Wouldn't have done to broadcast it live would it?!

Hopefully much more besides will also include his retirement plans!

I alos look forward to learning how such a well run business continually loses substantial sums of money and is forced to sell its most valuable assets every year. If that happened in another business, I doubt analysts would describe it as well run.

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Re: Madejski Announcement

by Muguire » 20 Aug 2011 20:42

Friday's Legacy Reading FC - Official
After the game today, Chairman Sir John Madejski spoken openly and honestly to the media about club finances, signing new players and much more besides. We'll bring you it in full on Monday, when much of it will also be in the newspapers and local press.

was the interview on radio berks or do we really have to wait until monday to know the detail?


Madejski has finally found a new owner. A Kuala Lumpur businessman apparently. Talks have been ongoing for 9 months.

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Royal Lady
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Re: Madejski Announcement

by Royal Lady » 20 Aug 2011 20:56

Yeah, whatever Kes.

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Re: Madejski Announcement

by floyd__streete » 20 Aug 2011 21:02

With Madejski unwilling to put a single penny into the club, maybe the announcement is that in future both he and his cronies Cilla, Parky and co will be paying to watch the games, like us poor mugs.


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who are ya?
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Re: Madejski Announcement

by who are ya? » 20 Aug 2011 21:03

We are merging with Oxford

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roadrunner
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Re: Madejski Announcement

by roadrunner » 21 Aug 2011 20:22

It's be the same old about the outgoings being greater than the income, needing to sell to stay afloat, we're a well run club... we're after players but they have to be the right player at the right price...

Not sure why they say the national press would be interested though. I can't imagine anything SJM comes out with will really be news.

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Re: Madejski Announcement

by Big Ern » 21 Aug 2011 20:26

He may coin a few new phrases as he knows the natives are getting restless now, but essentially it will be the same message. He is not the sort of person who will bow to supporter power and will carry on doing things his way. After all, it is his club, he can do what he want.

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Re: Madejski Announcement

by SouthDownsRoyal » 21 Aug 2011 20:40

who are ya? We are merging with Oxford


no we are not


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Re: Madejski Announcement

by Gordons Cumming » 21 Aug 2011 20:43

floyd__streete will be paying to watch the games, like us poor mugs.


Go watch some other team then. Go and moan at them instead.

HTH

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Re: Madejski Announcement

by SouthDownsRoyal » 21 Aug 2011 20:46

Gordons Cumming
floyd__streete will be paying to watch the games, like us poor mugs.


Go watch some other team then. Go and moan at them instead.

HTH


got to agree with this

fLOLoydd streete, you have a bLOLog pLOLease go and type it up on your typewriter because you are so boring on forum always negative why be negative on EVERYTHING when you say you are RFC fan?

its perpleXIng

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Re: Madejski Announcement

by roadrunner » 21 Aug 2011 20:58

SouthDownsRoyal
Gordons Cumming
floyd__streete will be paying to watch the games, like us poor mugs.


Go watch some other team then. Go and moan at them instead.

HTH


got to agree with this

fLOLoydd streete, you have a bLOLog pLOLease go and type it up on your typewriter because you are so boring on forum always negative why be negative on EVERYTHING when you say you are RFC fan?


That sounds far too 1TeaminBerks? Wrong login m7?

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Re: Madejski Announcement

by Percy's Rocket » 21 Aug 2011 21:12

Muguire
Friday's Legacy Reading FC - Official
After the game today, Chairman Sir John Madejski spoken openly and honestly to the media about club finances, signing new players and much more besides. We'll bring you it in full on Monday, when much of it will also be in the newspapers and local press.

was the interview on radio berks or do we really have to wait until monday to know the detail?


Madejski has finally found a new owner. A Kuala Lumpur businessman apparently. Talks have been ongoing for 9 months.


To be honest, unless it is something like that I don't want to know because we have heard the rest before....

team runs at a huge loss ...must sell to survive ..blaa de blaaa :roll:

By the way did we not get the full club take from the play off final.(including Swansea's share) ..that must stave off some of the constant problems.
Last edited by Percy's Rocket on 21 Aug 2011 21:13, edited 1 time in total.


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Big Ern
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Re: Madejski Announcement

by Big Ern » 21 Aug 2011 21:13

I think the painful truth is SJM ain't as rich as he once was so can't cover any deficits at the moment with the ease he once could. He has been falling steadily in the Times Rich List year after year, and although he is still a very wealthy man, he has seen he fortune halved in the last 10 years or so to about £175 Million. He is selling off one of his Hotels, shares in companies at the moment and it appears has been hit hard by the economic downturn, so I hardly feel he is in the mood to pump more money into the football club. It is not exactly a hard luck story, but £175million doesn't go a long way in football these days, which is more or a sad reflection on football than SJM.

The sooner a new buyer comes along the better, but we just don't know when that will be. Until then, we will stand still. Madejski can't just step aside if there is nobody to take over.

I have a feeling he may put this across in a more heartfelt way than before when his interview is published tomorrow.

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Re: Madejski Announcement

by floyd__streete » 21 Aug 2011 21:48

Gordons Cumming
floyd__streete will be paying to watch the games, like us poor mugs.


Go watch some other team then. Go and moan at them instead.

HTH


Pathetic argument, you old fool.

SouthDownsRoyal got to agree with this

fLOLoydd streete, you have a bLOLog pLOLease go and type it up on your typewriter because you are so boring on forum always negative why be negative on EVERYTHING when you say you are RFC fan?

its perpleXIng


Is english your second language?

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Re: Madejski Announcement

by Gordons Cumming » 21 Aug 2011 22:04

floyd__streete
Gordons Cumming
floyd__streete will be paying to watch the games, like us poor mugs.


Go watch some other team then. Go and moan at them instead.

HTH


Pathetic argument, you old fool.



It's no argument you little whipper snapper. :wink:
If you feel like a mug, go and support a team where you feel less of one.
Seems like common sense to me.
Last edited by Gordons Cumming on 22 Aug 2011 08:31, edited 1 time in total.

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Re: Madejski Announcement

by Ian Royal » 21 Aug 2011 22:08

Percy's Rocket To be honest, unless it is something like that I don't want to know because we have heard the rest before....

team runs at a huge loss ...must sell to survive ..blaa de blaaa :roll:


If people don't want to hear the same old answers, maybe they should stop asking the same old questions, hoping that they might get a different answer they like this time.

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Re: Madejski Announcement

by AthleticoSpizz » 21 Aug 2011 22:14

...and bored (as I am) of the same old same old each season from the same old same old unrealistic posters...


...I would be quite happy for SJM to say "I'm gone"..."you sort it"



I'd give you two years until liquidation

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Re: Madejski Announcement

by Terminal Boardom » 22 Aug 2011 09:17

You do realise that when SJM goes and seels the club, it will be the club that will be sold. He will keep the stadium, hotel and training ground and then lease the stadium and training ground to the new owners.

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Re: Madejski Announcement

by traff » 22 Aug 2011 09:17


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