Reading boss won't be given a penny from Matejovsky sale

[reading_fan]

Are we not also supposedly owed £2.5m from the Hunt transfer from Hull but they're too skint to pay it?

[Elmer Park]

Most of us would nearly bankrupt the Club if we took over the running of it as happened at Crystal Palace when Mark Goldberg tried running it. It is easy to gamble the future of the Club on splashing out transfer fees and wages the Club cannot afford.

The fact remains that even if we did get £650k for Marek, that money probably does not even cover the annual salary of some of the players. Besides which it will be paid in instalments as with all transfer deals so I can see why that money will just go towards the general running of the Club. Even if it wasn't it is hardly in the interests of the Club to shout out to the likes of Stoke that we have £650k to spend.

In reality I don't think there has ever been a transfer kitty as such since SJM took over. I think Managers know the financial situation and look for targets accordingly before putting a case to SJM. I suspect we will lose someone for a decent fee anyway but even if we don't I still wouldn't be surprised to see us spend somewhere near the fee we got for Marek if McD can show SJM that the player will make a significant contribution to the team. After all we pay our transfer fees in instalments too.

[Barry the bird boggler]

Title says it all. oxf*rd.

http://www.mirrorfootball.co.uk/news/Re ... 64369.html

Nice of the Mirror to catch up, this was reported on the Evening Post website last Friday.

[Sun Tzu]

Posted for posterity in case this plum decides to edit his post.

Why would he want to do so? Maybe it's time for some other plums to acknowledge that perhaps the club wasn't run quite so splendidly as some on the inside kept telling us. Perhaps not badly run but certainly not the next Arsenal etc!

I suspect even you can work out where his post goes wrong !

No one has ever claimed the club is run perfectly (interesting you chose Arsenal as your benchmark though, aren't they hundreds of millions in debt and not won anything for half a decade ?). I've always seen us as being run quite conservatively with a view to the long term rather than instant success. Seems to work pretty well as we've managed to go through massive changes without any major disruption. Even hanging on to some of our major assets when other clubs would have had to sell. This year will be the big test as we start to run purely on our what we generate but on the face of it we're quite well positioned with the youngsters just coming through at the right time.

I do susepct though that it will take years before the conspiracy theories stop and people realise that the sums they invent as income haven't been saltd away into some Swiss bank account but are what it takes to run a football club !

[Smoking Kills Dancing Doe]

It's just not possible to run a club well in this climate. Wages are so high they just eat away at the income from being in the Premiership. Unless you have a Chairman who is prepared to lose money, then you have to be realistic.

The club can't have been more honest with people, they said from the start we needed to cut £4m from the budget, we knew that getting rid of the likes of Cisse/Marek/Cummings plus a few youngs ens would do that.

Being realistic I don't think the squad needs much, The ball seems to be in Griff's court and I hope we are just playing a long game with Kish.

The fact is JM will sell this club sooner rather than later, the confrence centre and hotel should make it an attractive invesment. I'm suprised it hasn't happned sooner tbh, maybe the right buyer with the right offer just isn't there at the moment.

[Thaumagurist*]

.

[brendywendy]

but we could easily be promotion candidates if we get in a free or loan or two
if we cant buy griff or kish, why not loan them again?!

If Griff does not want to come if we were to buy him, chances he will not want to come if we were to loan him IMO.

if thats really the case - and i believe other issues would be much higher up his priority list - then we just move on to another loan target
it seems mcdermot can spot a player

[brendywendy]

but we could easily be promotion candidates if we get in a free or loan or two

here we go

are you saying we categorically cannot be promotion candidates if we fill those two defensive holes- however we do it?

[brendywendy]

Why would he want to do so? Maybe it's time for some other plums to acknowledge that perhaps the club wasn't run quite so splendidly as some on the inside kept telling us. Perhaps not badly run but certainly not the next Arsenal etc

i think you cant make that assumption without checking how other clubs are doing with their various ways of doing business.

the ones who spent what they didnt have- eg. cardiff, pompey, palace, leeds- in a mad gamble to get to the promised land all failed - even if they did make it there. they are then left in the mire.

i would rather stay where we are but do so sensibly and with proper finanical management.
lest we forget - our whole team in 05/06 cost < 5 million quid.when we went up we added seol for 1.5 million, and finished 8th.
if the next year we went down(just) is it not a bit mental to blame the policys that enabled those previous two years?


as far as im concerned a club that spends what it can afford, and doesnt let our outgoings outsrip our income= well run club.
for you to say that club that spends what it can afford, and doesnt let our outgoings outsrip our income = a poorly run club

which is more than odd.

[brendywendy]

Are we not also supposedly owed £2.5m from the Hunt transfer from Hull but they're too skint to pay it?

Yes, £3.5M I think.

surely if they cant pay their debts they are insolvent and need to be put into administration?
not that it would mean us getting our moneyu- but that situation is just ridiculous.
theyve bankrupted themselves for the premiere league - i see no reason why the oxf*rd we should be affected by that

[Dirk Gently]

People seem to be fixated with the idea that a "well-run club" must somehow also be a "rich club."

There are such financial pressures on a club that is relegated a level (just about any level, but the higher up the pyramid you go the greater the financial gap and the greater the financial pressures) that the reality is that you have to be a "well-run club" to stay solvent and in existence.

That's the achievement - to still be in existence, in the same division and potentially in contention to bounce back. If we weren't well-run we'd have been relegated, be in administration or both.

[ZacNaloen]

No one has ever claimed the club is run perfectly (interesting you chose Arsenal as your benchmark though, aren't they hundreds of millions in debt and not won anything for half a decade ?).

Their only debt is the emirates, which is nearly paid off. When it is they will be one of the richest clubs in the world, and absolutely flush with cash. They are (rightly, despite what fans thinks) taking it easy on the wallet whilst they have this debt.

[Dirk Gently]

No one has ever claimed the club is run perfectly (interesting you chose Arsenal as your benchmark though, aren't they hundreds of millions in debt and not won anything for half a decade ?).

Their only debt is the emirates, which is nearly paid off. When it is they will be one of the richest clubs in the world, and absolutely flush with cash. They are (rightly, despite what fans thinks) taking it easy on the wallet whilst they have this debt.

Indeed, and that is hard debt, used to build the stadium and being paid off by the increased revenue from the stadium - rather than soft debt which has come from owners, banks or the taxman and has been pissed away paying players and agents or is increasing due to interest payments.

[Starry Blue Hooped Wonder]

No money from sale of Matejovsky to be reinvested =/= no money to be spent.

Agree with Ian here. People seem to think all the money goes into one pot to be used, whereas I suspect they structure the budgets for a season slightly differently. (not that I claim to be an expert on how RFC runs itself)

Presumably McD already has a wages budget and transfer budget agreed with SJM for the comming season, so all this article says really is that the 650k for Matejovsky is being used to reduce the deficit rather than increase McDs transfer budget.

On the positive side, presumably it gives McD some room in his wages budget to actually pay for another player - whatever transfer arrangements are used to get the player in in the first place.

[floyd__streete]

With almost all the money from almost everything constantly going towards our deficits this has got to be an extremely badly run club!

I hope you aren't suggesting that this isn't a well run club. After all, messrs Madejski, Howe and Hammond never tire of telling us how well run the club is. It was just unfortunate that we got promoted to the Premier League in 2006, but thankfully the club have done everything in their power since then to ensure that such a costly mistake won't be repeated.

[Sun Tzu]

but thankfully the club have done everything in their power since then to ensure that such a costly mistake won't be repeated.

They even managed that badly !

What with missing out on two opportunities to go straight back up and then giving the whole division half a season head start and STILL nearly catching them up !

A well managed attempt to not go back up would have followed the Leeds model and seen us actually leave the division via the rear exit !!

[Harpers So Solid Crew]

That is Leeds that by some miracle we are at the same level as this coming season.

[Harpers So Solid Crew]

People seem to be fixated with the idea that a "well-run club" must somehow also be a "rich club."

There are such financial pressures on a club that is relegated a level (just about any level, but the higher up the pyramid you go the greater the financial gap and the greater the financial pressures) that the reality is that you have to be a "well-run club" to stay solvent and in existence.

so how many clubs at a similar level to us have gone out of existance then???? From what I can see they are all surviving, and indeed existing.

[Ian Royal]

People seem to be fixated with the idea that a "well-run club" must somehow also be a "rich club."

There are such financial pressures on a club that is relegated a level (just about any level, but the higher up the pyramid you go the greater the financial gap and the greater the financial pressures) that the reality is that you have to be a "well-run club" to stay solvent and in existence.

so how many clubs at a similar level to us have gone out of existance then???? From what I can see they are all surviving, and indeed existing.

Some are running ceasing to exist pretty close and getting all sorts of sanctions against them though. And plenty the same size or bigger are currently punching below their weight, or have been until recently because of financial issues.

[Sun Tzu]

That is Leeds that by some miracle we are at the same level as this coming season.

I couldn't believe Leeds made it either !

But yes, the same Leeds who not so long ago were playing Champions League football and now see a scraped promotion from the third tier as some kind of triumph !!