Points Deduction AGAIN

[Pepe the Horseman]

It’s not news , it’s speculation.

Yeah but it’s from the telegraph not some shitty little news outlet. The likelihood of this being correct is more so than not.

Nameless is in the denial stage of the 5 stages of grief I see.

Can we fast forward to bargaining and get him down to EFL headquarters?

[Brogue]

Yeah but it’s from the telegraph not some shitty little news outlet. The likelihood of this being correct is more so than not.

Nameless is in the denial stage of the 5 stages of grief I see.

Can we fast forward to bargaining and get him down to EFL headquarters?

Exactly, nameless knows everything about everything. He is an expert on all topics. He is the only person to get us out of this mess.

[NathStPaul]

Nameless is in the denial stage of the 5 stages of grief I see.

Can we fast forward to bargaining and get him down to EFL headquarters?

Exactly, nameless knows everything about everything. He is an expert on all topics. He is the only person to get us out of this mess.

"So Nameless, can you please justify the breach and Reading's flagrant breaking of the set rules?"

"We didn't break the rules"

"Well, that's us convinced. Reading can start next season on +12 points"

[Millsy]

Bring it on this season and it won't harm us.

Get whatever it is we've done wrong out the way.

[Nameless]

It’s not news , it’s speculation.

Yeah but it’s from the telegraph not some shitty little news outlet. The likelihood of this being correct is more so than not.

Nameless is in the denial stage of the 5 stages of grief I see.

Rather bizarre given you’ve made EXACTLY the same point I did !

[NathStPaul]

Yeah but it’s from the telegraph not some shitty little news outlet. The likelihood of this being correct is more so than not.

Nameless is in the denial stage of the 5 stages of grief I see.

Rather bizarre given you’ve made EXACTLY the same point I did !

Well it is clear we have done something wrong, we just don't know what that is yet. Clearly it isn't just speculation though.

[windermereROYAL]

I think the concern would be if the embargo gets extended into next season.

[morganb]

How has it been picked up now? Do we do monthly reports to EFL and that is how it has come to light (1 month after the transfer window slammed shut)?

If we've breached then is it possible for us to put it right before the end of the season or is a breach something that can't be rectified?

[Nameless]

Nameless is in the denial stage of the 5 stages of grief I see.

Rather bizarre given you’ve made EXACTLY the same point I did !

Well it is clear we have done something wrong, we just don't know what that is yet. Clearly it isn't just speculation though.

It obviously is speculation given how heavily caveated it is.
The points deduction is pure speculation.

[Nameless]

How has it been picked up now? Do we do monthly reports to EFL and that is how it has come to light (1 month after the transfer window slammed shut)?

If we've breached then is it possible for us to put it right before the end of the season or is a breach something that can't be rectified?

No one can answer those questions on here.
a simple example would be the 25 player limit. If we’ve signed 26 we can’t unsign one. But obviously we couldn’t sign 26 anyway…..
If we have blown the wage budget then we can’t reduce it at this stage, but it shouldn’t be possible to blow it (except I’ve never seen an explanation of how bonuses get factored into the budget )
If we are heading to make a bigger loss than allowed obviously in theory we could slash costs and try and increase revenue and might find a way out of it.

[Nameless]

How has it been picked up now? Do we do monthly reports to EFL and that is how it has come to light (1 month after the transfer window slammed shut)?

If we've breached then is it possible for us to put it right before the end of the season or is a breach something that can't be rectified?

In terms of reporting my understanding has been we have to report pretty much everything to the EFL. It might be we have told them we have an issue with something and are working with them to resolve it, rather than they have uncovered wrong doing we were trying to hide.

[Mid Sussex Royal]

I'm sure I read in the last STAR minutes on twitter (defs from this year) that they asked a question on the business plan and the club confirmed all ok and dialogue with EFL remained positive.

[morganb]

I'm sure I read in the last STAR minutes on twitter (defs from this year) that they asked a question on the business plan and the club confirmed all ok and dialogue with EFL remained positive.

Think this could be the extract from the minutes you mention -

https://mobile.twitter.com/TheTilehurst ... 6737838080

[YorkshireRoyal99]

I'm sure I read in the last STAR minutes on twitter (defs from this year) that they asked a question on the business plan and the club confirmed all ok and dialogue with EFL remained positive.

Yeah it's on here somewhere, they said the club were on forecast to be compliant with the EFL business plan and that wasn't all that long ago, a matter of weeks I think?

It surely can't be related to transfers or wage budgets can it because we had to have a sign off for every signing we made by the EFL.

The only thing I can think it's due to is because of our losses being more than expected in the business plan. Whether the operating costs are still at levels that are crippling us, I don't know.

[Mid Sussex Royal]

I'm sure I read in the last STAR minutes on twitter (defs from this year) that they asked a question on the business plan and the club confirmed all ok and dialogue with EFL remained positive.

Yeah it's on here somewhere, they said the club were on forecast to be compliant with the EFL business plan and that wasn't all that long ago, a matter of weeks I think?

It surely can't be related to transfers or wage budgets can it because we had to have a sign off for every signing we made by the EFL.

The only thing I can think it's due to is because of our losses being more than expected in the business plan. Whether the operating costs are still at levels that are crippling us, I don't know.

We've just netted a load though from the cup game at Man U

[NathStPaul]

[YorkshireRoyal99]

I'm sure I read in the last STAR minutes on twitter (defs from this year) that they asked a question on the business plan and the club confirmed all ok and dialogue with EFL remained positive.

Yeah it's on here somewhere, they said the club were on forecast to be compliant with the EFL business plan and that wasn't all that long ago, a matter of weeks I think?

It surely can't be related to transfers or wage budgets can it because we had to have a sign off for every signing we made by the EFL.

The only thing I can think it's due to is because of our losses being more than expected in the business plan. Whether the operating costs are still at levels that are crippling us, I don't know.

We've just netted a load though from the cup game at Man U

Our operating costs (in part due to our wages) were so high before that a measly £1m+ wasn't going to sort those issues out.

The only other thing you'd feel it could be was that the club always knew they were going to break the EFL business plan and we've just gone and accepted a potential 6 point deduction and then just hope that we survive again.

[Theroyalbox]

Think the club should have already released a statement by now. At least the end of the season should be exciting

[Sutekh]

Are the FL actually fit for purpose, can’t see how Reading could have done anything untoward given every transfer and wage offer has to be approved by the FL in the first place. Perhaps we have a case of overly complex and ambiguous regulations under “the plan” and therefore whether there is any breach or not is dependent on who is reading it at the time.

[tidus_mi2]

Hate every pcunt fan of other teams thinking they're an expert on our club's finances saying the EFL should just throw the book at us.