by Extended-Phenotype » 21 Oct 2013 11:44
by Barry the bird boggler » 21 Oct 2013 18:02
by ankeny » 21 Oct 2013 18:28
Y21 Maybe the club hasn't said anything because it's none of our facking business.
As much as we like to think we are part of the club, we aren't. We're just the mug punters.
by The Rouge » 21 Oct 2013 20:49
by Ian Royal » 21 Oct 2013 21:01
Barry the bird boggler Yes it is our business, it's our club....
by Extended-Phenotype » 22 Oct 2013 10:16
The Rouge So what's going on folks?
by sandman » 22 Oct 2013 11:28
Ian RoyalBarry the bird boggler Yes it is our business, it's our club....
How many shares do 'we' own? It's really not. Not that I place a great deal of weight in that particular argument myself.
by Extended-Phenotype » 22 Oct 2013 11:58
by Ian Royal » 22 Oct 2013 17:54
sandmanIan RoyalBarry the bird boggler Yes it is our business, it's our club....
How many shares do 'we' own? It's really not. Not that I place a great deal of weight in that particular argument myself.
So speaks a man who listens to games on his radio!
Fans endure. We'll be there after Madejski and whenever Zingarevich leaves we'll be still be there. Thank God people like Roy Tranter, Roger Smee and those of you who protested against Maxwell fought for this club so we could have a club. If it was left up to people like Ian Royal his precious radio would be broadcasting games from Didcot.
by RoyalBlue » 22 Oct 2013 18:27
by tee peg » 22 Oct 2013 19:26
by SydenhamRoyal » 22 Oct 2013 20:09
The Rouge So what's going on folks?
by NewCorkSeth » 22 Oct 2013 20:29
by Uke » 22 Oct 2013 22:17
by Millsy » 22 Oct 2013 22:58
El Diablo Madejski to stay as Royals chairman for a further two years
http://www.getreading.co.uk/sport/footb ... an-6195560
16 Oct 2013 16:42 Madejski was due to end his 23-year spell as chairman at the end of this season
Sir John Madejski describes his relationship with Anton Zingarevich as 'very cordial'.
Sir John Madejski will stay on as chairman at Reading FC for another two years.
He was due to stand down at the end of the season following the full takeover of the club by Anton Zingarevich,
But Zingarevich has yet to complete his takeover, having missed last month's deadline to buy the remaining 49 per cent of the club.
The Russian has not been at a game since early September and there has been rumours that he is looking to sell his shares.
Since the deadline was missed, the club have maintained a wall of silence regarding the speculation.
But now Madejski has spoken, and has revealed he will be sticking around.
He said: "I've been asked to stay on for two more years which I've accepted.
"I've always had the best interests of Reading FC at heart.
"I'm quite happy to be chairman going forward.
"We're entering a very exciting period of time.
"Our focus is to get back to the Premier League."
Much was made of the fact that Zingarevich missed the deadline to complete his takeover at the end of September.
Madejski insists, however, that he is not concerned by the delay.
And Royals' chairman says no new date has been set for things to be completed.
"There's no rush," he said. "I'm sure in time we will work things out.
"We haven't set a date in stone because a date was mentioned last time and it all got a bit out of focus."
When asked if he was still on good terms with Zingarevich, Madejski replied: "It's very cordial.
"He's very busy with his life in Russia, his business and he's just had a baby daughter."
Very ' Cordial'...hmmmmm...
by Nameless » 23 Oct 2013 11:06
SydenhamRoyal
Erm, lets see the Russians have only currently paid 50% of what they owe for the 51% share holding they own,
by maffff » 23 Oct 2013 11:54
SydenhamRoyalThe Rouge So what's going on folks?
Erm, lets see the Russians have only currently paid 50% of what they owe for the 51% share holding they own, and now have control of a club without having had to pay more than 25% of the price;
by NewCorkSeth » 23 Oct 2013 11:54
NamelessSydenhamRoyal
Erm, lets see the Russians have only currently paid 50% of what they owe for the 51% share holding they own,
Is that true ? Have they not paid for the 51% they own but delayed buying the remainder of the club as per the original agreement.
by SPARTA » 23 Oct 2013 14:22
SydenhamRoyalThe Rouge So what's going on folks?
Erm, lets see the Russians have only currently paid 50% of what they owe for the 51% share holding they own, and now have control of a club without having had to pay more than 25% of the price; they don't need to buy the other 49%, but would if it was in their financial interest. Meanwhile, messing with Russians is something you do at your peril, so SJM is limited in his options for a) getting his money for what he has already sold b) getting his money for what he hasn't yet sold. Finding a buyer for his 49% is a priority for him, however, who would want to put that much money in and still not be a majority shareholder, let alone get into bed with this shady Russian mafioso. SJM has determined that he will stay on as chairman to protect his interests, whilst trying to do whatever he can to both save the club and save his own financial situation.
That's option one.
Option two, there's a little bit of hold up, but there is nothing to be concerned about. It's just a matter of paperwork and timing. These things work themselves out, and, at Anton's request, SJM has reluctantly agreed to stay on as chairman, having hoped to step back to spend more time on other pursuits. The club is perfectly safe, Anton is a supporter of the club, and an honourable businessman, there are no significant debts, and if it is not Anton, then someone else would be interested.
by melonhead » 23 Oct 2013 14:25
SydenhamRoyalThe Rouge So what's going on folks?
Erm, lets see the Russians have only currently paid 50% of what they owe for the 51% share holding they own, and now have control of a club without having had to pay more than 25% of the price; they don't need to buy the other 49%, but would if it was in their financial interest. Meanwhile, messing with Russians is something you do at your peril, so SJM is limited in his options for a) getting his money for what he has already sold b) getting his money for what he hasn't yet sold. Finding a buyer for his 49% is a priority for him, however, who would want to put that much money in and still not be a majority shareholder, let alone get into bed with this shady Russian mafioso. SJM has determined that he will stay on as chairman to protect his interests, whilst trying to do whatever he can to both save the club and save his own financial situation.
That's option one.
Option two, there's a little bit of hold up, but there is nothing to be concerned about. It's just a matter of paperwork and timing. These things work themselves out, and, at Anton's request, SJM has reluctantly agreed to stay on as chairman, having hoped to step back to spend more time on other pursuits. The club is perfectly safe, Anton is a supporter of the club, and an honourable businessman, there are no significant debts, and if it is not Anton, then someone else would be interested.