Confimred new owners of Raeding Footbal Club

[Lacoste]

Just to calm everyone down to a mild panic.....you can be sure that Narin is a real person with real money. Otherwise the FL have just spent the last 2 months fiddling with their pencil sharpeners.

I think it's quite exciting. Noone ever heard of this guy and he has 50%. Wondering what his wealth is thats all.

[Elmer Park]

Not quite true to say we've never heard of the two male investors. Royal Rother named them a while back

2 charges have been registered against RFC? Really - by whom?

2 recently formed companies.

Universal Fico Ltd (Director is Sumrith Thanakarnjanasuth)

and

GPT UK Investment Ltd (Director is Narin Niruttinanon)

Both are a fixed and floating charges over all assets and contain a negative pledge which prohibits any additional borrowing being taken out without the lender's approval.

[loyalroyaldaz]

There's alot of Khun's about the place now

[Maguire]

This is how it feels to be Reading,
This is how it feels to be small,
You signed Phil Jones,
We signed Khun Sumrith Thanakarnjanasuth

Hmm, needs some work

[Pat Butchers Ring]

Khun is the equivalent to 'Lord' or 'lady' and is a title given out by the king.

[Royalwaster]

Khun is the equivalent to 'Lord' or 'lady' and is a title given out by the king.

What about Kuhl?

[Pat Butchers Ring]

Kuhl is hair to Kuhns throne.

[Royalwaster]

Kuhl is hair to Kuhns throne.

[paddy20]

Wasn't Madjeski going to keep 10%? He was talking off them as partners at one stage

[Nameless]

Sjm got nicks Hammond to negotiate terms and managed to get the cash for 100% and keep 10% as wel. Not on a par with £5 million for Matt Mills, but not bad.

[GreaterTorontoRoyal]

Theekharoj (Bank) Piamphongsarn

Bank, born in 1981, is Co-Founder of Aurus Asset Management, Singapore. He acts as Managing Director and is also a Director of the Board of Aurus Asset Management. His assignment strengthens the firm in the area of operational execution.

From 1997 to 2008, Bank was employed by UBS Private Banking. He started his career in Zurich in 1997 and relocated to Singapore in 2006. Bank focused on developing and executing the Private Banking strategy for Financial Intermediaries in Switzerland and Singapore. From 2007, Bank has been working closely with Senior Private Bankers to develop the South East Asian Market, especially Thailand. He was employed at Bank Julius Baer Singapore from 2008 to 2009.

Bank holds a Bachelor of Science and Business Administration from the University of Applied Sciences, Zurich (2005) and is fluent in English, German and Thai.

http://www.aurusam.com/www/Our_Team.html
I link his nickname "Bank"

[RG7Fan]

Khun is the equivalent to 'Lord' or 'lady' and is a title given out by the king.

Actually its more like Mr ( and with it Khunying is more like Mrs ) used before someones name - very much like how the Germans would use Herr or Frau - so dropping it from a google search would probably give a more focussed set of results.

Interesting that Samrit isnt mentioned - maybe he couldnt get the wonga together in the end, maybe that is why this has seemed to take quite a long time.

Also wasnt the deal going to be for 90% of the club - has that changed do you think or does it mean that Sasima has a quarter of the 90%?

[Royal Lady]

Piamphongsarn is over here - he was seen last night at a well known local establishment....

[yappy]

10 min interview with SJM if anyone's interested:

http://www.bbc.co.uk/programmes/p02653vl

Starts around 7 mins. Nothing really new, but things of note:

* Believes that being in charge of Reading has cost him £50mil
* Says new owners are taking Bearwood (new training ground) seriously.
* Talks about going back to the "Reading way"- deal largely paying off the debt. Says hotel has not been sold yet, but is being ratified.

[3points]

Suspect the guy with 50% has acquired Samrit's as we were told it was going to be 4 equal investors. Samrit must have struggled to get the cash together (or at least been able to prove the legitimacy of its origins), so the other chap has stepped up to become the named shareholder. Don't be surprised if Samrit's money is behind one or all of these named purchasers

[Mr Angry]

FWIW, as good as the news is that our ownership has been resolved in a positive manner, and not trying to do a Floyd or anything, but having 3 owners, 1 with 50% and 2 with 25% of the club, could lead to problems in the future if there is no clear and united strategy for taking the Club forward, and if the owners have different ideas for the club (I'm thinking Liverpool under Hicks & Gillette)

[Norfolk Royal]

Is the Jack Srisumrid character the same fella who used to be exec director at Man City?

[maffff]

Well Pieroj brokered the city takeover so would be realistic to assume that some of the City Thais are involved....

[Royal Rother]

Not quite true to say we've never heard of the two male investors. Royal Rother named them a while back

2 charges have been registered against RFC? Really - by whom?

2 recently formed companies.

Universal Fico Ltd (Director is Sumrith Thanakarnjanasuth)

and

GPT UK Investment Ltd (Director is Narin Niruttinanon)

Both are a fixed and floating charges over all assets and contain a negative pledge which prohibits any additional borrowing being taken out without the lender's approval.

Huh? So I did.

[Harpers So Solid Crew]

As ever the figures are ambiguous from Jm, considering the accounts have been shown for many years it is very hard to believe he has put 50million into the club as a net cost over the years.