Confimred new owners of Raeding Footbal Club

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Uke
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Re: Buyout

by Uke » 17 Jul 2014 00:30

Mike Hunt May I ask where they are getting the £500K figure from?


Their lawyers

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Mike Hunt
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Re: Buyout

by Mike Hunt » 17 Jul 2014 00:57

Uke
Mike Hunt May I ask where they are getting the £500K figure from?


Their lawyers


Cheers

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Re: Buyout

by Mr Optimist » 17 Jul 2014 06:09

£500,000 seems a massive amount. What happens if SB walks away? Does the £500,000 just get bunged on the debt pile with wonga/vibrac interest rates applied?

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Re: Buyout

by loyalroyaldaz » 17 Jul 2014 07:02

Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.

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Re: Buyout

by Esteban » 17 Jul 2014 07:35

loyalroyaldaz Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.


No, it's Vibrac. It's their legal fees, they've reneged on the initial agreement (not legally binding).


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Re: Buyout

by multisync1830 » 17 Jul 2014 08:07

Esteban
loyalroyaldaz Wouldnt suprise me one bit if this was SJM trying to pass the 500k bill onto SB.


No, it's Vibrac. It's their legal fees, they've reneged on the initial agreement (not legally binding).


can you confirm your source

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Re: Buyout

by Extended-Phenotype » 17 Jul 2014 08:08

Why does SB have to pick up JM's legal fees?

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Re: Buyout

by Royalwaster » 17 Jul 2014 08:22

Has anyone read the book Capital - there's a scene where a young star gets injured and it's all about the lawyers wrangling about who is responsible etc. and the way they're only interested in the money. Reminds me of this. Not surprising really .... lawyers.

A bit like the joke - a pope and a lawyer arrive in heaven and they're shown around the place; first the pope is taken to a dingy little shack, but after that the lawyer is taken to a huge mansion with all the most amazing fittings etc. and the pope says: 'how come he gets this amazing place and me, the pope, only gets this little shack?' and the response is: 'We've had a lot of your type over the years - but it's the first time one of his type has come here for a long time ...!'

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TFF
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Re: Buyout

by TFF » 17 Jul 2014 08:53

:|


urz_1871
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Re: Buyout

by urz_1871 » 17 Jul 2014 09:10

Fordham & Watts are saying takeover will be completed today. Samrit is on his way over from Thailand.

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Re: Buyout

by Basingstoke Royal » 17 Jul 2014 09:17

Im up for chipping in to pay off the £500k to get them out of the club.

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HoneyRoastHoax
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Re: Confimred new owners of Reading Football Club

by HoneyRoastHoax » 17 Jul 2014 09:19

ITS HAPPENING TODAY

ITK (I just read JF twitter)

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Pepe the Horseman
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Re: Buyout

by Pepe the Horseman » 17 Jul 2014 09:21

Big day today I'm told.


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Re: Buyout

by Norfolk Royal » 17 Jul 2014 09:23

Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?

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paultheroyal
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Re: Buyout

by paultheroyal » 17 Jul 2014 09:23

urz_1871 Fordham & Watts are saying takeover will be completed today. Samrit is on his way over from Thailand.



Mr ReadingFC
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Re: Buyout

by Mr ReadingFC » 17 Jul 2014 09:27

oxf*rd GET IN

Takeover to be finalised this morning I'm told. Board meeting at #ReadingFC in process. Hold on to your hats.

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Agent Balti
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Re: Buyout

by Agent Balti » 17 Jul 2014 09:28

Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.

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Re: Buyout

by Norfolk Royal » 17 Jul 2014 09:30

Agent Balti
Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.


Appalled by it to be honest as all decent Reading fans should be. What utter prats.

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Re: Buyout

by westongeezer » 17 Jul 2014 09:33

Watts tweets: Deal to be finalised this morning hold on to your hats .....

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HoneyRoastHoax
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Re: Buyout

by HoneyRoastHoax » 17 Jul 2014 09:35

Agent Balti
Norfolk Royal Can someone name and shame the idiot who sent that disgusting tweet to the new owner please?


You've not seen Facebook then...lots of utter pcunts there too.


Proper pcunts!Really :shock: at some of them

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