Madejski comments on club ownership

[Extended-Phenotype]

All I'm saying is that I'm not particularly fussed with JM regaining control and that as news goes, I can't really define it as 'good'.

So if you are so unfussed why define it as "bad" then?

Where did I say I was "so unfussed"?

[Extended-Phenotype]

Jeez, he's been spouting the same shit ever since we signed Andy Legg and Jason Bowen back in 1997. Why do people still fall for it?

Ah yes, that very unsuccessful record-breaking period between 1997 and 2014. Get him out of our club!

What is this, a strawman convention?

[Green]

What is this, a strawman convention?

lol

[Extended-Phenotype]

Probably because it gives us nothing new and he can't kick us on personally any longer. He is effectively 'caretaker manager' added with the knowledge of the club at heart. That's pretty much it.

OK, it's not the worst scenario, but I understand E-P's meh-ness about it.

Precisely this.

Some are chuffed to have him 'back'. I'm not, as I'm confident he won't invest enough to (a) improve the team or (b) retain the quality we have. He doesn't want to own the club. He doesn't want to invest any more money. Therefore, I am not "pleased" to see him back in control.

That's not quite the same as wanting him to die of bollock cancer or whatever you ninnies are harking on about.

[Uke]

All I'm saying is that I'm not particularly fussed with JM regaining control and that as news goes, I can't really define it as 'good'.

So if you are so unfussed why define it as "bad" then?

Where did I say I was "so unfussed"?

In the posts where you say you are "not "pleased" to see him back in control."

Which seem to make your statement that you're not particularly fussed with JM regaining control incorrect

[Wycombe Royal]

Probably because it gives us nothing new and he can't kick us on personally any longer. He is effectively 'caretaker manager' added with the knowledge of the club at heart. That's pretty much it.

OK, it's not the worst scenario, but I understand E-P's meh-ness about it.

Precisely this.

Some are chuffed to have him 'back'. I'm not, as I'm confident he won't invest enough to (a) improve the team or (b) retain the quality we have. He doesn't want to own the club. He doesn't want to invest any more money. Therefore, I am not "pleased" to see him back in control.

That's not quite the same as wanting him to die of bollock cancer or whatever you ninnies are harking on about.

I am 100% pleased to have Madejski back making the decisions at the club, but that is only becuase there is no one else at the moment who could do it, and with the current ownership situation we find ourselves in he is the best man for the job as he has proved over the past 20+ years.

[From Despair To Where?]

I don't think FdtW is criticising SJM. He's criticising those who complain time and time again that he's led them on and let them dow by making some fairly innoccuous positive spin comments.

I beleive he's making the old point:
Fool me once shame on you.
Fool me every six months shame on me because I'm a moron.

And if he isn't he should be.

Thank you, that's precisely my point.

[Ian Royal]

I don't think FdtW is criticising SJM. He's criticising those who complain time and time again that he's led them on and let them dow by making some fairly innoccuous positive spin comments.

I beleive he's making the old point:
Fool me once shame on you.
Fool me every six months shame on me because I'm a moron.

And if he isn't he should be.

Thank you, that's precisely my point.

And apparently I'm the stupid one.

[Extended-Phenotype]

Which seem to make your statement that you're not particularly fussed with JM regaining control incorrect

Lol, I even quoted myself saying it! I meant "chuffed".

Apols.

[From Despair To Where?]

I'm not a critic of Madejski, far from it but i'm not an apologist for him either. Yes, he spouts a load of nonsense but he's been doing that for 17 years. It's just Madejski being Madejski.

I do however think that the club is more than just a business to him and he wants to safeguard his legacy by handing over to the right people. I genuinely believe he thought TSI were the right people. We all know he's not the right person to run the club long term, he's said so himself on enough occasions but I think having him back at the helm is a positive thing in the current climate as we know that he will make decisions that he believes are right for the club. He brings stability to the club and if searching for a new owner means we have to endure 2 years of mid table stability, then so be it, it's better than pissing it all away in a mad rush for the exit.

[Ian Royal]

I'm not a critic of Madejski, far from it but i'm not an apologist for him either. Yes, he spouts a load of nonsense but he's been doing that for 17 years. It's just Madejski being Madejski.

I do however think that the club is more than just a business to him and he wants to safeguard his legacy by handing over to the right people. I genuinely believe he thought TSI were the right people. We all know he's not the right person to run the club long term, he's said so himself on enough occasions but I think having him back at the helm is a positive thing in the current climate as we know that he will make decisions that he believes are right for the club. He brings stability to the club and if searching for a new owner means we have to endure 2 years of mid table stability, then so be it, it's better than pissing it all away in a mad rush for the exit.

Yes. You know he might get it wrong, but you also know he'll make an effort to make sure that Reading is in safe hands.

And if you have to have a man in charge who can't afford to run a football club, you'd have to go a long way to find a better man to have than Madejski.

[Royal Lady]

I do think he's learned a lesson re TSI - he just wanted out and he didn't make as much effort as he should have done to ensure RFC was in safe hands - this time around, he'll be a lot more cautious I reckon. We'll be run in the usual prudent way - which, unfortunately, will mean selling our best players at the end of the season, buying in cheaper ones, one or two of which may come good and make us a lot of money in the future - but I really can't see us challenging for promotion next season, assuming we don't go up this season. C'est la vie - at least we'll still have a football club.

[Pseud O'Nym]

I do think he's learned a lesson re TSI - he just wanted out and he didn't make as much effort as he should have done to ensure RFC was in safe hands - this time around, he'll be a lot more cautious I reckon.

How though? You can check that the person is who they say they are, isn't a convicted fraudster and has access to funds. I guess you can also ask to see a properly thought out business plan. After that what can you do except try to assess their intentions? Do you really think Anton didn't start out with good intentions?

[Once were Biscuitmen]

I can't really think of an owner I would rather have had. It's just a pity his kids are not interested in taking over...

He's not getting any younger and AZ looked like the best bet, there are not many people who want to buy a loss making business in a loss making industry.

It's nice to hear the openness, we won't be making any purchases, there is no imminent take over offer, and we can't rule out player sales in the medium term.

The idea of selling out to a odious billionaire just so we can have a shot at not being relegated from the Premiership is far less attractive. I would rather they sealed off the Premiership and left a sustainable, wage-capped 3 tiers outside of it made up of clubs no longer trying to borrow excessively to get into the prem.

[Royal Lady]

I do think he's learned a lesson re TSI - he just wanted out and he didn't make as much effort as he should have done to ensure RFC was in safe hands - this time around, he'll be a lot more cautious I reckon.

How though? You can check that the person is who they say they are, isn't a convicted fraudster and has access to funds. I guess you can also ask to see a properly thought out business plan. After that what can you do except try to assess their intentions? Do you really think Anton didn't start out with good intentions?

I was responding to Ian Royal who said that this time around he will make efforts to ensure the club was in safe hands.

Just the Everton business would have made me very cautious with regard to TSI - I think SJM saw them as a way out, they appeared to have money, they were going to buy him out 100% and he was desperate for some money. This time around, I think, if nothing else he'll ensure that the legalities state that if a new owner doesn't buy him out within the timescales stated, he'll be able to buy back any shares already purchased for a fraction of what he sold them for, or something.

[Royal Rother]

Then SJM will still be here until he's in his box because no deal will ever be done on that basis.

[Royal Lady]

Having had his fingers burned once, I'm pretty sure he'll want to safeguard actually receiving all of his money next time. And worse things could happen than have SJM in charge until his dying day tbph.

[Platypuss]

How have his his fingers been burned - he did got paid for half the club, so not seeing how he's lost out.

[Royal Lady]

How have his his fingers been burned - he did got paid for half the club, so not seeing how he's lost out.

Because the agreement was for them to buy the other half by a certain date. He didn't want to only sell half the club. He's been lumbered with his half and, it seems, been tasked with finding another buyer for the whole lot. How is that NOT losing out. By now, he was expecting to have sold all his shares in the club and yet here is, still with half and being in charge again.

[multisync1830]

How have his his fingers been burned - he did got paid for half the club, so not seeing how he's lost out.

if Mr 51% say's he's not paying another rouble into the club, the remaining shareholder has no alternative to foot the bill for the losses or allow the company to be liquidated...say what you like against the Chairman but's he's the only person in the room who can prevent the club going bust.