Madejski Sanctions £5million Fee for...

[mathematically_safe]

JM thinks, 'i want some art. i'll ask a dealer what he recommends. on his recommendation - i'll have that degas.'

JM thinks, 'i'm sure we need a player or two. i have cash but don't know how to buy a footballer. i'll ask my manager to name some players and i'll go and buy them.'

silence

i don't think it's JM's fault we've signed no one and he can spend his money how he likes as far as i'm concerned.

i'm still backing SSC at the moment but i'm pretty sure if he fell under a bus a new guy would come and spend the millions that i'm pretty sure are already available...

[Smoking Kills Dancing Doe]

He could sanction £20m to rebuild the squad.

What difference would it make?

[cmonurz]

He could sanction £20m to rebuild the squad.

What difference would it make?

Madejski: Steve, have £20m to rebuild the squad.
Coppell: Great, thanks John. I have been down to Griffin Park.....
Madejski:

[Vision]

He could sanction £20m to rebuild the squad.

What difference would it make?

He could but we'd have to pay it back.

Self financing and all that.

[Ian Royal]

Madejski has over £300m at last count as I recall. Thats his money, not the club's. He can spend it anyway he sees fit.

I would hope for a decent amount to come our way, but him buying apainting or not will have no impact on how much we spend in the transfer market.

[Uke]

Without him where would we be, I know. But we're no longer moving forwards. In fact we seem to be going backwards now and the signs are good that he will put the money in to take us forward once more.

Glad you are so optimistic in your original post!

[Rawlie19]

JM thinks, 'i want some art. i'll ask a dealer what he recommends. on his recommendation - i'll have that degas.'

Forgive me, but isn't the point of art and owning art that it's something you like to look at? Why would anyone need to ask someone's opinion before buying it? If you like something that costs £500, buy it. You don't have to buy a £5m piece just because you can afford it.

[SpaceCruiser]

JM thinks, 'i want some art. i'll ask a dealer what he recommends. on his recommendation - i'll have that degas.'

Forgive me, but isn't the point of art and owning art that it's something you like to look at? Why would anyone need to ask someone's opinion before buying it? If you like something that costs £500, buy it. You don't have to buy a £5m piece just because you can afford it.

I think it's called investment, the value of the painting may go up or not.....

[Rawlie19]

JM thinks, 'i want some art. i'll ask a dealer what he recommends. on his recommendation - i'll have that degas.'

Forgive me, but isn't the point of art and owning art that it's something you like to look at? Why would anyone need to ask someone's opinion before buying it? If you like something that costs £500, buy it. You don't have to buy a £5m piece just because you can afford it.

I think it's called investment, the value of the painting may go up or not.....

Right, well that is not the primary reason for art is it...

[SpaceCruiser]

Forgive me, but isn't the point of art and owning art that it's something you like to look at? Why would anyone need to ask someone's opinion before buying it? If you like something that costs £500, buy it. You don't have to buy a £5m piece just because you can afford it.

I think it's called investment, the value of the painting may go up or not.....

Right, well that is not the primary reason for art is it...

No doubt!

[cmonurz]

Right, well that is not the primary reason for art is it...

Well it's the only reason I would ever buy a 'proper' painting.

[No Hoops]

This takes me back to when he bought the statue.

He said it was an investment unlike a striker!

Er kitson £250k to buy sold £5.5m

Now that's what I call a return.

Mr Mad can spend his money on what he wants, as long as some of it is on RFC

[JimmytheJim]

Forgive me, but isn't the point of art and owning art that it's something you like to look at? Why would anyone need to ask someone's opinion before buying it? If you like something that costs £500, buy it. You don't have to buy a £5m piece just because you can afford it.

I think it's called investment, the value of the painting may go up or not.....

Right, well that is not the primary reason for art is it...

Spot on. It's not about art, it's about status, so any 'art collector' who thinks himself to be cultured is doubling his already massive levels of pretentious prickitude. JM is a very boring man, according to very reliable sources directly related to me who have dined with him, and I find it hard to hold any smug 'philanthropist' in anything other than contempt, but he's the chairman and saviour of the football club I love. Pissing life.

[Royal Lady]

Someone asked this recently, but I'll repeat it, why do some of you insist on saying that he wears a wig - he so obviously doesn't!! He might dye his hair, but that's about all. And if he wants to spend all his money on art collections that's entirely up to him. The money which the Football Club has received in merchandising, ticket sales, television revenue, appearance money for the pre season matches in that Asia cup or whatever it was last season - THIS should all be going straight back into the club - on wages, bills etc and PURCHASES.

[Arch]

Someone asked this recently, but I'll repeat it, why do some of you insist on saying that he wears a wig - he so obviously doesn't!! He might dye his hair, but that's about all. And if he wants to spend all his money on art collections that's entirely up to him. The money which the Football Club has received in merchandising, ticket sales, television revenue, appearance money for the pre season matches in that Asia cup or whatever it was last season - THIS should all be going straight back into the club - on wages, bills etc and PURCHASES.

Spot on, RL. Transfer money will come, if at all, from money that is currently circulating in the club. there'll be at least one current account that should have a fair amount in it already from (probably modest) profits from the last two years and from sales of Kitson and Shorey. JM can't take that money and buy art with it except in the form of a dividend that the board approves and all stock holders vote on. Then it'll appear in the company records next July. The kids who started this thread are utterly clueless.

Just so everyone is clear: JM is NOT going to put more of his private wealth into this club. It's on its own now, and I for one am perfectly happy with that situation.

[The 17 Bus]

All true, but should we have a poor start then the pot will soon start to shrink, as crowds fall. We have reduced the size of the squad, and lost the dead wood,it is not so long ago that JM had to put in a loan on £2m to sign Lita.

If JM has taken all his loans out and the club is now in a very sound financial position, it will be interesting to see if the brick by brick way is the way ahead.

[Royal Rebel]

As Cilla would say........ "surprise,surprise" !

[SpaceCruiser]

Transfer money will come, if at all, from money that is currently circulating in the club. there'll be at least one current account that should have a fair amount in it already from (probably modest) profits from the last two years and from sales of Kitson and Shorey. JM can't take that money and buy art with it except in the form of a dividend that the board approves and all stock holders vote on. Then it'll appear in the company records next July. The kids who started this thread are utterly clueless.

Spot on, 'greed with that. Especially the last sentence.

JM had to put in a loan on £2m to sign Lita.

Lita cost £1m. Unless you're including wages, signing on fees, agent's fees?

[Big Ern]

Transfer money will come, if at all, from money that is currently circulating in the club. there'll be at least one current account that should have a fair amount in it already from (probably modest) profits from the last two years and from sales of Kitson and Shorey. JM can't take that money and buy art with it except in the form of a dividend that the board approves and all stock holders vote on. Then it'll appear in the company records next July. The kids who started this thread are utterly clueless.

Spot on, 'greed with that. Especially the last sentence.

JM had to put in a loan on £2m to sign Lita.

Lita cost £1m. Unless you're including wages, signing on fees, agent's fees?

Almost as clueless as the mugs that believed it was true in the first place