by multisync1830 » 24 May 2014 14:50
by ZacNaloen » 24 May 2014 15:08
by Wycombe Royal » 24 May 2014 15:13
by SPARTA » 24 May 2014 15:16
by gazzer, loyal royal » 24 May 2014 15:21
SPARTA Bids of £1 then. And people couldn't believe how bad the debt has got and how close we are to going bust. I preferred it when we couldn't quite believe it!
by SPARTA » 24 May 2014 15:35
NamelessSPARTAIan Royal I say in theory, just because it's at the latest valuation we have. I'm not convinced the club is hugely less valuable than three years ago. We're a bit stuck right now, but our tribulations are largely speculation and there are certainly ways we could sort it out, depending on how the summer goes.
Sparta: We had lots of debt when Anton bought his shares too. It's not like all of that £38m is new, significantly higher certainly. And as I said, half of what you say is pure speculation regardless of how you want to try and infer it as fact.
Fair point. How much debt did we have when SJM saved us and bought is for £1?
We had virtually no assets.....
by jellytot » 24 May 2014 16:05
by loyalroyaldaz » 24 May 2014 16:06
by Man Friday » 24 May 2014 16:21
multisync1830 If I go to a pub and buy a pint it doesn't give me the right to look at their books.. You're a punter with no rights past withdrawing support get over it.
by Man Friday » 24 May 2014 16:27
Royal Gingerwinchester_royal The news coming out of Jonny Fordham is nothing short of bizarre.
Agreed. He just came out with this:
Jonny Fordham @JonnyFordham 1h
AZ handed back his #readingfc shares WHO TO? WHO NOW OWNS THEM? in Jan and resigned from board. Samuelson playing a big part still WHY? HE WAS REPRESENTING ZINGY - IF ZINGY ISN'T AROUND THEN WHY IS SAMUELSON STILL AROUND?. Any deal will take time.
by TheLawnMowerMan » 24 May 2014 16:54
multisync1830 As the possibility of administration nears then the vultures (opps sorry, billionaires with deep pockets) circle. However things will move fast so expect a lot of jockeying for position. It's now a game of who blinks first. I still believe SJM will try to be as careful as he can and the loss of the carpark -not sure where hotel guests are supposed to park?- would be a small price to pay.
However the carpark itself isn't all that big so any plans would have to include the dome and those new pitches behind even then it's only a Costco and a bit sized area.?
not convinced of this yet
https://www.google.co.uk/maps/@51.42260 ... a=!3m1!1e3
by Royalcop » 24 May 2014 17:24
by genome » 24 May 2014 17:39
by USA_Loyal_Royal » 24 May 2014 17:46
by ZacNaloen » 24 May 2014 17:47
Royalcop That's an interesting view; the footprint of the RFC site is much smaller than I would have thought - doesn't seem much scope for further development unless the dome went along with most of the car park. I would be worried about any potential new owner seeing us as more of a land deal.
by Pseud O'Nym » 24 May 2014 17:50
ZacNaloenRoyalcop That's an interesting view; the footprint of the RFC site is much smaller than I would have thought - doesn't seem much scope for further development unless the dome went along with most of the car park. I would be worried about any potential new owner seeing us as more of a land deal.
Build the new training ground and the dome can be removed imo.
by Norfolk Royal » 24 May 2014 17:55
by TheLawnMowerMan » 24 May 2014 18:36
by Royalwaster » 24 May 2014 18:52
by paultheroyal » 24 May 2014 18:56
Royalwaster I've heard that the sticking point is that the new buyers have insisted abolishing the 'Back-the-boys-and-make-some-noise' guy and SJM is refusing to budge.
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