SPECULATION - Charlie Austin

[Ian Royal]

You can take your cheating boom and bust, and shove it up your arse, thanks. Happily the club agrees with me and not you.

[Pete10]

We could do with getting the lad Austin . Reading have the money .

[KDRF]

This is a genuine fact, Charlie austin was at the madejski stadium yesterday, I don't know why, he could have just been visiting to meet an old academy friend, but he was genuinely there.

[Royalee]

You can take your cheating boom and bust, and shove it up your arse, thanks. Happily the club agrees with me and not you.

Deloluded.

[pea]

Everyone is in financial difficulties after relegation from the Prem, especially when they stop getting the parachute payment. Plenty end up in administration and or falling apart and getting relegated again. It's a sign of how the club is managed that there hasn't even been a whisper of the word administration and largely we're still competing at the right end of the table. And that's despite a fair few quite serious mistakes in signings and management over the last 4 years.

We don't need to whisper it, because we are actually ACTING like we are in administration. We have signed less people than portsmouth amongst others, how do you now see how bad it is?

Portsmouth started the season with 13 professional players to be fair...

[FiNeRaIn]

You can take your cheating boom and bust, and shove it up your arse, thanks. Happily the club agrees with me and not you.

Deloluded.

[Svlad Cjelli]

Everyone is in financial difficulties after relegation from the Prem, especially when they stop getting the parachute payment. Plenty end up in administration and or falling apart and getting relegated again. It's a sign of how the club is managed that there hasn't even been a whisper of the word administration and largely we're still competing at the right end of the table. And that's despite a fair few quite serious mistakes in signings and management over the last 4 years.

We don't need to whisper it, because we are actually ACTING like we are in administration. We have signed less people than portsmouth amongst others, how do you now see how bad it is?

Oh really? I hadn't noticed us being unable to pay players, staff, the Taxman or St John's Ambulance. Or having an adminstrator appointed and getting most of our debt wiped for nothing. Or the court cases from our various creditors trying to wind us up.

We have a good team, a good manager and are in minimal danger of getting into significant financial trouble, which is one of the major reasons you'll see teams struggling with relegation. We challenging for a play off place, despite being in the middle of a rebuilding phase.

I don't see it's bad because it isn't.

A club's finances detereorate over the season - you start with all the ST money in the bank, and the cash declines as the year goes on. I'm virtually certain that if we'd not sold Gylfi when we did or in this Jan transfer window (when he was expected to leave) then we would definitely have gone into administartion by the end of this season.

[SpaceCruiser]

Is it because our attendances haven't been good this season?

[Svlad Cjelli]

That doesn't help, but it's not just down to that. The salaries paid out in the two years after relegation - and especially in the first year - were just too high compared with the income. Year 1 was a gamble to go straight back up that didn't come off.

[Always_Royal]

Well this says it all...

http://www.thisisswindontownfc.co.uk/ne ... n_enquiry/?

[tee peg]

End of thread.

[Who Moved The Goalposts?]

Everyone is in financial difficulties after relegation from the Prem, especially when they stop getting the parachute payment. Plenty end up in administration and or falling apart and getting relegated again. It's a sign of how the club is managed that there hasn't even been a whisper of the word administration and largely we're still competing at the right end of the table. And that's despite a fair few quite serious mistakes in signings and management over the last 4 years.

We don't need to whisper it, because we are actually ACTING like we are in administration. We have signed less people than portsmouth amongst others, how do you now see how bad it is?

Portsmouth started the season with 13 professional players to be fair...

Yes, but then forked out on Sonko, Lawrence and Kitson - the latter two being paid £20K per week - with the ink barely dry on the CVA "entitling" their suppliers to a small fraction of pennies in the pound over 5 years.

[andrew1957]

A club's finances detereorate over the season - you start with all the ST money in the bank, and the cash declines as the year goes on. I'm virtually certain that if we'd not sold Gylfi when we did or in this Jan transfer window (when he was expected to leave) then we would definitely have gone into administartion by the end of this season.

Absolute rubbish. As far as we are aware the club has ZERO debt at the moment apart from possibly unrepaid loans to Sir john. Even if we ended up with a debt of £4M at the end of the season this would hardly put us in administration as the club has assets - the ground, the players etc. Clubs only go into admin when their loans exceed their assets. We are incredibly stable.

I have agreed with the club being run frugally but this is now being taken to a ridiculous level.

[tomrfcurz]

He's the video interview, still seems keen to get Leigertwood though:
http://www.youtube.com/watch?v=HgUApjcm ... r_embedded

[brendywendy]

I;m not having this priced out nonsense. Reading have received the highest amount of outgoing transfers than the entire football league and half the prem in the last three years, they have also spend not very much in terms of most of the championship and premierleague in terms of wages on top of that. We can DEFINITELY afford to bring him in so stop this nonsense about money and get it done.

at last , the club accountant comes on and spills the beans- you are just what this board needs, to explain exactly where all the money has gone.

[brendywendy]

Everyone is in financial difficulties after relegation from the Prem, especially when they stop getting the parachute payment. Plenty end up in administration and or falling apart and getting relegated again. It's a sign of how the club is managed that there hasn't even been a whisper of the word administration and largely we're still competing at the right end of the table. And that's despite a fair few quite serious mistakes in signings and management over the last 4 years.

We don't need to whisper it, because we are actually ACTING like we are in administration. We have signed less people than portsmouth amongst others, how do you now see how bad it is?

Agreed.

In the last 5 years we have made more than £20M profit on player sales plus squandered two year PL income and two years parachute payments and yet spent all but nothing reinvesting in the squad (the current squad cost just over £5.5M to assemble - see below). It is very disappointing and you really do wonder where the money has gone. Hardly a well run club if we have squandered all this on player wages for mainly very average players.

I like the Blackpool approach of limiting wages to £10K per week even in the PL and they will benefit from this when they inevitably get relegated this season or next.

The total squad cost of £5,545,000 is made up of the following transfer fees paid – Mills £1.5M, N. Hunt £600K, McAnuff £500K, Armstrong £500K, Howard £500K, Cummings £300K, Tabb £300K, Griffin £250K, Kebe £250K, Mooney £200K, Ingimarsson £175K (in total), Harte 150K, Andersen £100K, Gunnarsson £100K, Antonio £100K and Long £20K

stop doing the accounts as if they only consist of transfer fees you bumbling fool.
massive LOL at us making a 20 million profit.no wonder you are confused about the finances if you truly believe that

[brendywendy]

Christ, the usual moan about us not spending money and £1m being "not steep".

Roll your eyes all you want, but you've not put through any proper argument and any Reading fan who thinks the football club itself has made a loss in football-related matters (Madejski taking money back out aside) is frankly braindead - just look at the transfer fees and the wages we've offloaded, plus the TV money.

at teh last set of accounts JM had not taken any money out of the club.
and you cannot just do the accounts on transfer fees.(well you can, but thats cos youre an idiot)

[brendywendy]

We don't need to whisper it, because we are actually ACTING like we are in administration. We have signed less people than portsmouth amongst others, how do you now see how bad it is?

Oh really? I hadn't noticed us being unable to pay players, staff, the Taxman or St John's Ambulance. Or having an adminstrator appointed and getting most of our debt wiped for nothing. Or the court cases from our various creditors trying to wind us up.

We have a good team, a good manager and are in minimal danger of getting into significant financial trouble, which is one of the major reasons you'll see teams struggling with relegation. We challenging for a play off place, despite being in the middle of a rebuilding phase.

I don't see it's bad because it isn't.

Neither have we been in two Cup Finals or been one of the top clubs in Europe (Leeds).

if youd take that, and pay for it with two relegations, and a load of seasons in the lower leagues, then you are probably supporting the wrong club

[winchester_royal]

Sky Sports now reporting we've made a bid.

[Kitson12]

Sky Sports now reporting we've made a bid.

Have they disclosed how much the bid was?