Are we still a club?

[Red]

But anyone who thinks fan run clubs are the way ahead needs to go and form AFC Reading Royals in Abrakebabra League Division 4 and "enjoy the power"

Happy to put a few quid into this if anyone else sets it up.

[RFCSPACE]

As I see it, SJM has about 1.7M shares, STAR has 210. Not 210k, just 210. For the fans to take control, we'd need to buy 850,000+ shares. At £2,000 each the fans would need £1.7B. Ok that valuation is ridiculous, but the point is for 850,000 shares over maybe 25,000 fans would be 34 shares each. It's anyone's guess what the shares would cost, but I don't think in any way this is a realistic proposal. I think using SJM's plan of waiting for a billionaire is much easier.

[Schards#2]

Are the fans prepared to takeover the club?

this would be the worst thing to happen to the club! for a start you'd never raise the £60m you'd need, and secondly even if you could purchase the club you couldn't cope with the wage bill, let alone provide funds for transfers.
john madejski has overseen three(?) signings this summer that must amount to around £1.7m now. is that really not good enough? on the contrary, it's a good level of investment from the chairman.
this club is in the safest hands it could be in. sadly there's a bunch of kids that support the club these days that think if you sell someone for in excess of £5m you must spend all of it on new players.

It's about 15% of transfer fees received.

And if Leigertwood is being put into this year's figures, last year's was about 5% of transfer fees received.

No, it isn't really good enough.

[mr_number]

Oooh! Can we talk about whether SJM's invested enough money in the club again please?

[Ian Royal]

Are the fans prepared to takeover the club?

this would be the worst thing to happen to the club! for a start you'd never raise the £60m you'd need, and secondly even if you could purchase the club you couldn't cope with the wage bill, let alone provide funds for transfers.
john madejski has overseen three(?) signings this summer that must amount to around £1.7m now. is that really not good enough? on the contrary, it's a good level of investment from the chairman.
this club is in the safest hands it could be in. sadly there's a bunch of kids that support the club these days that think if you sell someone for in excess of £5m you must spend all of it on new players.

It's about 15% of transfer fees received.

And if Leigertwood is being put into this year's figures, last year's was about 5% of transfer fees received.

No, it isn't really good enough.

But then a further 30%+ is being reinvested into wages as we run our wage budget too high for our standard income. Which makes it about 45%+

[Royal Lady]

Oooh! Can we talk about whether SJM's invested enough money in the club again please?

This isn't about SJM investing HIS money into the club - it's about investing the profit we make on players. But I can't be bothered to talk about it anymore.

*until the next time

[bigmike]

£2000 per share????? Are you mental... oxf*rd that I'm out!!! Especially when you can buy Juventus shares for € 0.80 each

[pea]

How about we all give it a test run, pick a cheap club, then see how we do. I say Oxford.

[roadrunner]

How about we all give it a test run, pick a cheap club, then see how we do. I say Oxford.

IN!

First things first sell the Kassam to a supermarket to raise some money, tell them about our black hole, divide the profits up, sell any player worth anything, tell them about the black hole, divide the profits up, promote some kids, arrange ground share at Oxford City and sell for the lols.

[mr_number]

First things first sell the Kassam to a supermarket to raise some money, tell them about our black hole, divide the profits up, sell any player worth anything, tell them about the black hole, divide the profits up, promote some kids, arrange ground share at Oxford City and sell for the lols.

And once we've done this, we can take the profits, do the same with Swindon, take the profits, and buy Reading. I can't believe we haven't thought of this earlier.