RoyalBlueFocher this is the 1st time ive read this thread, and may i say what a huge array of retarded (and spasticated) comments, bar the odd few.
RoyalBlue's comments were in particular out of the Addington School of Economics.
Madejski HAD TO sell or loan our prized assets to keep us finacially stable, and i really don't understand how some 'Reading' fans can be so f'ing thick to think that all the transfer fees made should be fully reinvested.
Correction. The club i.e. Madejski claimed that they had to sell or loan our prized assets to keep us financially stable. I can't believe how some 'Reading' fans can be so f*ing thick as to swallow that line, hook and sinker!
One moment we are being told we ar the model of perfect financial management, the club all others look to and, the next moment we are having to sell everything bar the kitchen sink to remain financially stable. Ironically those very actions will probably now be the thing that most threatens financial stability.
I doubt anyone believed that the transfer fees would be fully reinvested - that's never been the man's style. However, I doubt many believed the cloth cutting would be so ridiculously severe and there were certainly no hints whatsover when they were pushing for season ticket renewals prior to another promotion push!
So when we report a loss for this seasons financial results, on top of those from last season will you still believe the cloth didn't need to be cut so severely? That to me shows how well our club is run. They aren't waiting for the parachute payments to stop before cutting costs, they are doing it first so that the financial stability remains.
Of course we could take the route that some other clubs have taken and keep the costs high in the hope that we get promoted quickly, but history shows that is an extremely risky approach, and as we know, Madejski is not going to risk the future of this club chasing promotion.