Confimred new owners of Raeding Footbal Club

[Ouroboros]

They are never free.

Wages? My employers tend to drip feed me my salary rather than pay me in one big lump sum. Let’s imagine that might be the case for footballers too

Why would we imagine something we know to be untrue?

It's entirely possible that Pog's signing-on fee was bigger than any transfer fee the club has ever paid. Why doesn't it count?

[SPARTA]

Signing on fee's, agents fee's etc etc etc

I bet we've paid a fortune in agents fee's for those we've signed.

Exactly, but still people cry we didn't invest this summer, and we did, significantly.

[CholseyRoyal]

We need the media ( radio Berkshire ) to start asking the questions ,cum on Tim !!!!

According to Tim on the last couple of Saturdays, he and/or Radio Berks have put in several requests to talk to Anton and the Club but so far have they have been rejected.

[Extended-Phenotype]

They are never free.

Wages? My employers tend to drip feed me my salary rather than pay me in one big lump sum. Let’s imagine that might be the case for footballers too

Why would we imagine something we know to be untrue?

It's entirely possible that Pog's signing-on fee was bigger than any transfer fee the club has ever paid. Why doesn't it count?

You believe footballers wages are paid in lump sum?

[ZacNaloen]

We need the media ( radio Berkshire ) to start asking the questions ,cum on Tim !!!!

According to Tim on the last couple of Saturdays, he and/or Radio Berks have put in several requests to talk to Anton and the Club but so far have they have been rejected.

Because he's not in the UK.

[Ouroboros]

You believe footballers wages are paid in lump sum?

I believe that signing-on fees for free agents can be as much as 50% of the contract cost to the club.

I think that this is significant in a discussion about up-front outlay for players signing as free agents.

[blythspartan]

Not sure why there is the doom and gloom.

We have the best squad I can ever remember us having (may be not the best starting 11) and we are just outside the playoffs with a side getting to grips with a new style of football.

We may end up with new wealthy owners, or we could end up in Administration but all the worrying in the world will not change whats meant to be.

All I know is that all the genuine fans on here will support Reading no matter what happens and to me that's the most important thing.

[melonhead]

only in football would a company be criticised for buying good quality assets for very low cost

[Extended-Phenotype]

You believe footballers wages are paid in lump sum?

I believe that signing-on fees for free agents can be as much as 50% of the contract cost to the club.

I think that this is significant in a discussion about up-front outlay for players signing as free agents.

Ok, that's far more than I ever imagined. So, do you think the club could not have made these signings using their own finances/parachute payments/promotion money/loans, without Anton?

Genuine question. Not complaining about not spending enough money, Brendo. Just looking to be convinced that free transfers demonstrate Anton has actually invested big into RFC, pooh-poohing the notion that he has actually little money and possibly will not be buying the remaining share of the club as promised.

[CholseyRoyal]

We need the media ( radio Berkshire ) to start asking the questions ,cum on Tim !!!!

According to Tim on the last couple of Saturdays, he and/or Radio Berks have put in several requests to talk to Anton and the Club but so far have they have been rejected.

Because he's not in the UK.

Yes I know that and so does Tim hence a request to the Club as well for an interview as far as I understand it from Tim.

[floyd__streete]

Have we had 10 points deducted yet?

[Victor Meldrew]

The problem comes - as always - through a lack of communication to interested parties (eg: the fans) as to why there has been the delay, and when there will be a resolution to it.

There could be a simple explanation for this event, or there could be a major problem brewing; until RFC come out and make a statement clarifying the situation, it's only to be expected that the level of speculation seen will occur and those people who were negative about TSI from Day 1 will be - not surprisingly - loudly saying "We told you so!"

At the very least, Reading FC have been guilty of terrible PR over this episode, making the club look like it is being run by a bunch of total amateurs and who have treated their paying "customers" with zero consideration bordering on contempt.

Disappointing and simply not good enough Reading FC.

Sorry but this is a load of tosh. No business will (should) respond to rumours in the papers. IF they do then they will be expected to respond to every rumour no matter how bad, and that then breds the problem of how do they do that if that rumour happens to be correct and they can't respond due to non disclosure agreements. The only thing they should do is not to respond to ANY rumours, basically in the same way they deal with transfer rumours.

It doesn't help the fans who want to know what is going on but unfortunately we have no right to know and if by informing us it may screw up a deal in the future then that is the only way to do business.

I agree with Mr A on the PR aspect.
We fans may not have a right to know but collectively we are significant investors in the company-a company that we had been told would be sold in full by 30th September.
What surprises me is that there is not much money involved-not much money when you take into account 4 years of guaranteed earnings (unless you think that the Premier League will go bust) of £12.5 million, i.e a total of £50 million so why the delay to complete.
On top of that we receive somewhere in the region of £40 million by virtue of being in the Premier League last season.

I don't need anybody to tell me about wages and the costs of running a business especially as major guesses are involved on here but my main point is that if there is such a big problem in money being raised to pay the balance of a purchase price known to the purchaser nearly 2 years ago then it strikes me that purchaser is not somebody with deep pockets who can invest and take this business forward.

As mentioned earlier there could be problems of where that money should be paid as the seller may have, for whatever reasons, made that part difficult for the purchaser.
Whatever these financial problems are and regardless of which side is dragging their feet it would be good from a PR perspective if something emanated from the club-it's not as if there is tendering going on and competition to buy as the seller and purchaser are both known elements of the deal.
JM himself is not averse to trumpeting any news that he considers in his best interests and his silence is currently deafening.

[Badger Finger]

When do we ground-share with Plymouth?

[Ian Royal]

You believe footballers wages are paid in lump sum?

I believe that signing-on fees for free agents can be as much as 50% of the contract cost to the club.

I think that this is significant in a discussion about up-front outlay for players signing as free agents.

Ok, that's far more than I ever imagined. So, do you think the club could not have made these signings using their own finances/parachute payments/promotion money/loans, without Anton?

Genuine question. Not complaining about not spending enough money, Brendo. Just looking to be convinced that free transfers demonstrate Anton has actually invested big into RFC, pooh-poohing the notion that he has actually little money and possibly will not be buying the remaining share of the club as promised.

No way. Certainly not without selling big time first. And none of that includes the huge expense of getting cat 1. It's not just spending 2.5 mil a year. It's spending a dump load upfront to get the facilities in place. Thats why the news was delayed so long. Because we had to do a lot to qualify and that took money.

The actions of the club just don't fit a group out to asset strip. Nor do they fit a moron with far bigger ambitions to gamble big time to make more money. They fit a sensible investor looking to follow the same method as sjm but with a bit more money.

[genome]

I've already given up, supporting Reading Town now.

[Ian Royal]

The club has already made the statement mr a wants and its been ignored. This tells you why its saying nothing else along with Elm Park's post.

[littlejohnnyoster]

time for a protest!

[TBM]

Team photos have been released and Anton is not on there, but Mr Mad is

http://www.readingfc.co.uk/news/article ... 03162.aspx

[genome]

Can't stop laughing at Kelly's pic

[Elm Park]

I agree with Mr A on the PR aspect.
We fans may not have a right to know but collectively we are significant investors in the company-a company that we had been told would be sold in full by 30th September.
What surprises me is that there is not much money involved-not much money when you take into account 4 years of guaranteed earnings (unless you think that the Premier League will go bust) of £12.5 million, i.e a total of £50 million so why the delay to complete.
On top of that we receive somewhere in the region of £40 million by virtue of being in the Premier League last season.

I don't need anybody to tell me about wages and the costs of running a business especially as major guesses are involved on here but my main point is that if there is such a big problem in money being raised to pay the balance of a purchase price known to the purchaser nearly 2 years ago then it strikes me that purchaser is not somebody with deep pockets who can invest and take this business forward.

As mentioned earlier there could be problems of where that money should be paid as the seller may have, for whatever reasons, made that part difficult for the purchaser.
Whatever these financial problems are and regardless of which side is dragging their feet it would be good from a PR perspective if something emanated from the club-it's not as if there is tendering going on and competition to buy as the seller and purchaser are both known elements of the deal.
JM himself is not averse to trumpeting any news that he considers in his best interests and his silence is currently deafening.

I don't disagree that it looks like bad PR from a fans point of view but you can't have your cake and eat it. You either respond to all rumours or none. If you just respond to those that are false, then by definition those rumours that you don't respond to will be seen to be true and creates it's own problems.

As for problems raising the money, who (in the know) has said there's a problem. There may or may not be a problem, but we don't know that there is, it could just as easilly be something else. Maybe they are having to agree the split of the Premier League money as we were promoted (and then relegated) earlier than expected, maybe there Reading Council want more money spent if we were to expand the stadium and so AZ wants a discount.