SCIAG I repeat: Madejski didn't want the stadium named after him.
Oh please.
by Platypuss » 31 Aug 2008 15:30
SCIAG I repeat: Madejski didn't want the stadium named after him.
by BobKnows » 31 Aug 2008 15:33
WoodleyRoyal madejski should be booed for a number of reasons not for that
by Far Canal » 31 Aug 2008 15:34
Platypussvoice of reasonWoodleyRoyal dave whelan has spent millions and millions of this own cash ut dosent see the need to spread his name accross his stadium
Your right, Dave Whelan, who owns JJB, has done nothing to spread his name across the JJB stadium.
Dave Whelan doesn't own JJB.
by voice of reason » 31 Aug 2008 15:34
Platypussvoice of reason Believe it or not the accounts I am referring to is not a Championship Manager style bank balance of 5 million etc . I saw a simplified profit and loss account, are you aware of what one of those is? It basically shows what is going in and out of business leaving an operating profit. Which was, in our first season in the PL, just over 5 million. You really don't have a clue do you?
Our first season or to the end of March 2007?
by RoyalBlue » 31 Aug 2008 15:40
PlatypussSCIAG I repeat: Madejski didn't want the stadium named after him.
Oh please.
Hampshire RoyalRoyalBlue It was interesting hearing David O'Leary describing the last years at Villa under Doug Ellis, on Goals on Sunday, this am. He could well have been talking of where RFC stands today!
What's more, it sounds as though Ellis was succeeded by a very good chairman/owner from a footballing point of view.
That's an interesting point. What Ellis did for Villa was to make them virtually debt-free (I think they had a relatively small overdraft when Ellis sold). What that allowed the new owners to do was to buy Villa for whatever the price was in the knowledge that they wouldn't have to service lots of debt.
I know numpties like O'Leary were moaning about Ellis, as, indeed, were the Villa fans. But look where they are now! They are quite possibly one of the most financially healthy clubs in the PL and are well poised to make a real attempt to break into the 'Big Four'. Maybe if Ellis had spent the money that O'Leary wanted him to spend, they would have ended up like O'Leary's other club!!
Madejski has done and continues to do a good job at Reading. He has a manager who he knows will get the best out of the team while spending as little as possible, and he has also funded big transfers where he has been persuaded by Coppell. We are in the process of rebuilding this season, and I will be happy to be playing as we are playing, with a good mixture of Youth and Experience and show that we are capable of making a promotion push in the next couple of years. Mind you, if it happens this year I'll be even happier!!
by West Stand Man » 31 Aug 2008 15:47
Royal Lady I'd say supporters ARE investors, in as much as the lower the support, the lower the lack of spending on merchandise etc, the less funds available to the club to buy players/pay wages/make refurbishments.
by RoyalBlue » 31 Aug 2008 15:52
West Stand ManRoyal Lady I'd say supporters ARE investors, in as much as the lower the support, the lower the lack of spending on merchandise etc, the less funds available to the club to buy players/pay wages/make refurbishments.
Sometime there is a difference of opinion,sometimes factual error. In this case I think you are just wrong. Investors strictly invest to make a profit. We spend, not invest, our money. You might argue that you invest time in the club, but even that is a dubious use of the word. As a parallel, you might spend £100 a week at Tesco, but you are still not an investor as your purchases do not give you a share in the business.
by NWL Royal » 31 Aug 2008 15:59
by brendywendy » 31 Aug 2008 16:01
by Spudulika » 31 Aug 2008 16:12
FiNeRaIn He takes our fan base as idiots so he should not be given any respect with the way he's been acting recently.
by papereyes » 31 Aug 2008 16:16
its like being a really heavy opera fan, going every week, and then expecting the opera house you frequent to book pavarotti next week, just cos youyve bought so many tickets(obviously since he died this would be problematic.)it doesnt work liek that.
supporters dont expect, and arent entitled to any return on an investment.
People really need to get a bit of perspective here - Madejski is the reason we are where we are today
by brendywendy » 31 Aug 2008 16:23
papereyesits like being a really heavy opera fan, going every week, and then expecting the opera house you frequent to book pavarotti next week, just cos youyve bought so many tickets(obviously since he died this would be problematic.)it doesnt work liek that.
However, if they were suggesting strongly that you'd get pavarotti (or someone alive ... ) every week but you wouldn't find out until you got there, and it was me in a thong, every week, you'd feel pretty aggreived.
I think the situation is nearer to the latter than the former.
If you're easily pleased and have lower standards than most, who knows what you'd say.supporters dont expect, and arent entitled to any return on an investment.
And there, that's where you're wrong. Supporters do expect. They might expect different things from one another but there is a level of investment and approach which they are happy with.People really need to get a bit of perspective here - Madejski is the reason we are where we are today
That's exactly right. A league higher than when we started but also a league lower that we easily could be but, as long as its a minor blip, the club can continue growing. After 10+ years of consistent, regular growth, taking a year off was just an unexpected detour for this fan.
by West Stand Man » 31 Aug 2008 16:26
RoyalBlueWest Stand ManRoyal Lady I'd say supporters ARE investors, in as much as the lower the support, the lower the lack of spending on merchandise etc, the less funds available to the club to buy players/pay wages/make refurbishments.
Sometime there is a difference of opinion,sometimes factual error. In this case I think you are just wrong. Investors strictly invest to make a profit. We spend, not invest, our money. You might argue that you invest time in the club, but even that is a dubious use of the word. As a parallel, you might spend £100 a week at Tesco, but you are still not an investor as your purchases do not give you a share in the business.
But the Chairman of Tesco does not try to tell us how to support his business, expect us to continue backing him and his business, no matter how shyte it performs, and does not step out in front of us seeking our 'spontaneous' applause!
by West Stand Man » 31 Aug 2008 16:29
NWL Royal Tesco without 20,000 people will still perform to a standard whereby they probably still make record profits. Reading FC would virtually be nothing without 20,000 supporters. Theres a big difference between Tesco and Reading FC.
by RoyalBlue » 31 Aug 2008 16:33
West Stand ManRoyalBlueWest Stand Man
Sometime there is a difference of opinion,sometimes factual error. In this case I think you are just wrong. Investors strictly invest to make a profit. We spend, not invest, our money. You might argue that you invest time in the club, but even that is a dubious use of the word. As a parallel, you might spend £100 a week at Tesco, but you are still not an investor as your purchases do not give you a share in the business.
But the Chairman of Tesco does not try to tell us how to support his business, expect us to continue backing him and his business, no matter how shyte it performs, and does not step out in front of us seeking our 'spontaneous' applause!
No, he employs marketing staff and advertising agents to do the same thing. You don't seriously believe that people just shop at Tesco because it is there do you? Anyway, that is irrelevant to the discussion on investors; we are NOT investors in the club, we are supporters.
West Stand ManNWL Royal Tesco without 20,000 people will still perform to a standard whereby they probably still make record profits. Reading FC would virtually be nothing without 20,000 supporters. Theres a big difference between Tesco and Reading FC.
This is about as irrelevant as it gets. Reading has a very small number of investors - and JM is the principal one. I repeat, we don't invest we spend. If you' d prefer me to use a smaller business s a comparator (one with about 20,000 customers) I will, but it doesn't change the facts - sorry and all that.
by papereyes » 31 Aug 2008 16:34
brendywendy oh come on!!! we were never, and have never said we were going to buy pavarotti,
by West Stand Man » 31 Aug 2008 16:41
by rfc58 » 31 Aug 2008 16:41
by Seaside Royal » 31 Aug 2008 16:49
by Arnie_Pie » 31 Aug 2008 16:52
Seaside Royal He's our chairman and he continues to do a good job in terms of success on and off the pitch. He's made heaps of mistakes along the way but non of them have ever put us in danger of going under they've just cost us time and money on route to where he's always said we belong, The Premiership.
From being an ex Evening Post ad salesman to building and selling an amazing business, Auto trader (Hurst Publishing) and pocketing 640 million in the process the man has done good!
I accept he's eccentric and that he says some bloody stupid things at times but he's a safe pair of hands as our Chairman.
Personally I wouldn't clap him but nor would I boo him, I have a little more respect for him than that.
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