Confimred new owners of Raeding Footbal Club

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Pepe the Horseman
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Re: Confimred new owners of Reading Football Club

by Pepe the Horseman » 16 Jun 2014 18:29

Martin41
Green Ooof, the exclamation marks (even when doubled or tripled) do little to ease what is an all attack from Martin41.


Not an attack, just questions, I await with baited breath the answer!!!!!!!!!!!!!!!!!!! Whoops did it again.

Alright, Britney.

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Re: Confimred new owners of Reading Football Club

by Loyal Royal Royal » 16 Jun 2014 18:29

gazzer, loyal royal apparently he's worth a shade under £4bn


are you sure about this as he is not in the forbes top 50 richest Thai's and £4bn would make him the 5th richest thai. £4bn = $6.8bn and the richest thai is only worth $12.5bn. I think if had that much he might be on forbes radar. Thaksin Shinawatra is/was only worth $1.7bn,

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Re: Confimred new owners of Reading Football Club

by tmesis » 16 Jun 2014 18:32

Martin41 I await with baited breath the answer!!!!!!!!!!!!!!!!!!! .


it's "bated" not "baited", btw, unless you are implying you've put maggots in your mouth

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Re: Confimred new owners of Reading Football Club

by Martin41 » 16 Jun 2014 18:34

tmesis
Martin41 I await with baited breath the answer!!!!!!!!!!!!!!!!!!! .


it's "bated" not "baited", btw, unless you are implying you've put maggots in your mouth


What I do in my spare time is up to me......

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Re: Confimred new owners of Reading Football Club

by elman » 16 Jun 2014 18:36

"Reading: Championship club close to takeover by Thai investor
A Thai investor is close to agreeing a takeover of Championship club Reading, reports BBC South Today.

The Royals have been trying to find a buyer since last October and majority shareholder Anton Zingarevich stood down from the board earlier this month.

Reading's advisors, Begbies Traynor and Vibrac, have agreed an exclusivity arrangement and it is believed a deal could be concluded within seven days."
It is not a "Done Deal" yet only signed an exclusivity areement


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Re: Confimred new owners of Reading Football Club

by PieEater » 16 Jun 2014 18:40


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Re: Confimred new owners of Reading Football Club

by Sanguine » 16 Jun 2014 18:44



Manny Pacquaio

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Re: Confimred new owners of Reading Football Club

by ZacNaloen » 16 Jun 2014 18:46

elman "Reading: Championship club close to takeover by Thai investor
A Thai investor is close to agreeing a takeover of Championship club Reading, reports BBC South Today.

The Royals have been trying to find a buyer since last October and majority shareholder Anton Zingarevich stood down from the board earlier this month.

Reading's advisors, Begbies Traynor and Vibrac, have agreed an exclusivity arrangement and it is believed a deal could be concluded within seven days."
It is not a "Done Deal" yet only signed an exclusivity areement



The Insee Thai Police facebook page has announced it, although good luck getting through the translation with a straight face!

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Re: Confimred new owners of Reading Football Club

by blythspartan » 16 Jun 2014 19:29

Doesn't look like we have a new owner yet according to BBC and Tim Dellor??


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Re: Confimred new owners of Reading Football Club

by royalp-we » 16 Jun 2014 19:34

http://www.nationmultimedia.com/sports/ ... 36405.html

Facing stiff competition from several groups interested in taking control of the second-tier English club, Sumrit, who led a consortium consisting of Indian and Malaysian businessmen, said his love of the game helped him win over Royals' chairman Sir John Madejski.

"Last week, I had to visit England for business but my legal team advised me to grab the chance to open talks with Reading. There were as many as six groups making offers to buy the club, especially an American group called Phoenix, which offered the best price.

"However, something that happened before we started the negotiations persuaded Sir John to accept our offer. I had a chance to join the Reading team during the training. So, still wearing my business suit, I took part in a five-a-side session for around an hour.

"The chairman happened to see me dripping with sweat and then called me in to discuss the deal with him personally, while other groups conducted negotiations with the club's lawyers.

"We talked for about four or five hours to get everything ironed out. He chose me probably because I am a young person who loves the game and really wants to develop the club with no strings attached," Sumrit told sports daily Siamsport.

Sumrit, who made his fortune in the insurance business, mentioned plans to send young players from his Thai club to train at Reading for six months, starting with midfielder Poklao Anan, who has already obtained a visa for his England on July 1.

"Some said that if Poklao stayed with us he would gain more experience from playing week in week out. But I think he's still not good in terms of fitness. A stint at Reading will definitely help him improve in that aspect."

Sumrit's takeover of Reading, which was reportedly worth of 35 million pounds, means the Royals become the second Thai-owned English club after Premier League newcomers Leicester, who are owned by the King Power Group.

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Re: Confimred new owners of Reading Football Club

by ZacNaloen » 16 Jun 2014 19:40

Finally a human translation

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Re: Confimred new owners of Reading Football Club

by CholseyRoyal » 16 Jun 2014 19:40

blythspartan Doesn't look like we have a new owner yet according to BBC and Tim Dellor??


Is Tim Dellor still saying that it is only an exclusivity deal that has been signed? When he first mentioned it was, it was valid only until tomorrow.

Having just read that interesting translation above, it seems it was a very much spur of the moment decision. Maybe he wanted a cooling off period, oh and please, no puns about him being sweaty :D

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Re: Confimred new owners of Reading Football Club

by ZacNaloen » 16 Jun 2014 19:48

Other badly translated versions of that interview SEEM to suggest it's been on the burner for months but it suddenly became urgent


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Re: Confimred new owners of Reading Football Club

by CholseyRoyal » 16 Jun 2014 19:50

ZacNaloen Other badly translated versions of that interview SEEM to suggest it's been on the burner for months but it suddenly became urgent


Interesting if so as it has kept Samuelson et al out of the club. I just hope it goes through without a hitch. If so it will be over to Nigel Adkins to take advantage of the situation in building up his own team at last.

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Re: Confimred new owners of Reading Football Club

by ZacNaloen » 16 Jun 2014 19:57

I just hope he is actually wealthy :lol:

He's a bit of an internet ghost (at least in english)

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Re: Confimred new owners of Reading Football Club

by Libertine » 16 Jun 2014 19:59

CholseyRoyal
ZacNaloen Other badly translated versions of that interview SEEM to suggest it's been on the burner for months but it suddenly became urgent


Interesting if so as it has kept Samuelson et al out of the club. I just hope it goes through without a hitch. If so it will be over to Nigel Adkins to take advantage of the situation in building up his own team at last.


Provided NA is in the frame after the sale. New owners (especially very wealthy ones) are notorious for cleaning house and getting their own (preferred) people in place. Don't get me wrong though...I am hoping NA keeps his job and is given a real chance this time with tangible resources.

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Re: Confimred new owners of Reading Football Club

by winchester_royal » 16 Jun 2014 20:03

Charles and Jonny have gone very quiet... :?

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Re: Buyout

by UpThePrem » 16 Jun 2014 20:07

http://www.nationmultimedia.com/sports/ ... 36405.html

Police United president Sumrit Bunditkrisada said his passion for football was the key factor in his buying cash-strapped English club Reading.
Facing stiff competition from several groups interested in taking control of the second-tier English club, Sumrit, who led a consortium consisting of Indian and Malaysian businessmen, said his love of the game helped him win over Royals' chairman Sir John Madejski.

"Last week, I had to visit England for business but my legal team advised me to grab the chance to open talks with Reading. There were as many as six groups making offers to buy the club, especially an American group called Phoenix, which offered the best price.

"However, something that happened before we started the negotiations persuaded Sir John to accept our offer. I had a chance to join the Reading team during the training. So, still wearing my business suit, I took part in a five-a-side session for around an hour.

"The chairman happened to see me dripping with sweat and then called me in to discuss the deal with him personally, while other groups conducted negotiations with the club's lawyers.

"We talked for about four or five hours to get everything ironed out. He chose me probably because I am a young person who loves the game and really wants to develop the club with no strings attached," Sumrit told sports daily Siamsport.

Sumrit, who made his fortune in the insurance business, mentioned plans to send young players from his Thai club to train at Reading for six months, starting with midfielder Poklao Anan, who has already obtained a visa for his England on July 1.

"Some said that if Poklao stayed with us he would gain more experience from playing week in week out. But I think he's still not good in terms of fitness. A stint at Reading will definitely help him improve in that aspect."

Sumrit's takeover of Reading, which was reportedly worth of 35 million pounds, means the Royals become the second Thai-owned English club after Premier League newcomers Leicester, who are owned by the King Power Group.

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Re: Confimred new owners of Reading Football Club

by Royal Rother » 16 Jun 2014 20:07

royalp-we http://www.nationmultimedia.com/sports/Police-United-chief-Sumrit-reveals-sweaty-details--30236405.html

Facing stiff competition from several groups interested in taking control of the second-tier English club, Sumrit, who led a consortium consisting of Indian and Malaysian businessmen, said his love of the game helped him win over Royals' chairman Sir John Madejski.

"Last week, I had to visit England for business but my legal team advised me to grab the chance to open talks with Reading. There were as many as six groups making offers to buy the club, especially an American group called Phoenix, which offered the best price.

"However, something that happened before we started the negotiations persuaded Sir John to accept our offer. I had a chance to join the Reading team during the training. So, still wearing my business suit, I took part in a five-a-side session for around an hour.

"The chairman happened to see me dripping with sweat and then called me in to discuss the deal with him personally, while other groups conducted negotiations with the club's lawyers.

"We talked for about four or five hours to get everything ironed out. He chose me probably because I am a young person who loves the game and really wants to develop the club with no strings attached," Sumrit told sports daily Siamsport.

Sumrit, who made his fortune in the insurance business, mentioned plans to send young players from his Thai club to train at Reading for six months, starting with midfielder Poklao Anan, who has already obtained a visa for his England on July 1.

"Some said that if Poklao stayed with us he would gain more experience from playing week in week out. But I think he's still not good in terms of fitness. A stint at Reading will definitely help him improve in that aspect."

Sumrit's takeover of Reading, which was reportedly worth of 35 million pounds, means the Royals become the second Thai-owned English club after Premier League newcomers Leicester, who are owned by the King Power Group.


Hmm, doubt many of the Reading players would have been in for a training session in the middle of June.

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Re: Buyout

by CholseyRoyal » 16 Jun 2014 20:12

I love that article if it is true.

Bought us on the spur of the moment? mmmm SJM obviously spotted a keen footballer though which is very good news!

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