by Tommy Jenkins » 12 Dec 2014 17:41
by leon » 12 Dec 2014 18:44
by Royalwaster » 12 Dec 2014 18:57
by melonhead » 12 Dec 2014 18:58
by Tommy Jenkins » 12 Dec 2014 19:00
by Tommy Jenkins » 12 Dec 2014 19:04
Royalwaster It is not clear why the club is running at a loss? Surely every Champ club is running at a loss - and ones relegated from the Prem recently even more so, so there's no really no need for any grand statement on that. It's quite simple - we're spending more (on wages) than we're bringing in ....
by Ian Royal » 12 Dec 2014 20:08
Tommy JenkinsRoyalwaster It is not clear why the club is running at a loss? Surely every Champ club is running at a loss - and ones relegated from the Prem recently even more so, so there's no really no need for any grand statement on that. It's quite simple - we're spending more (on wages) than we're bringing in ....
So the bigger picture is , where's the strategy from the new owners to address this ??
by RoyalBlue » 12 Dec 2014 20:13
Tommy Jenkins Royals fans are in for another bleak Christmas as the club continues to maintain the silence with its fans. The club has failed to give the fans a proper answer over some of the ongoing injuries, as well as being vague about the financial situation at the club and the prospect of any January signings. On top of all this is the continued uncertainty with the ownership of the club.
The Thai Consortium have still not introduced themselves to the fans, given them any idea of what the plans for the future are, or given any indication of how the club will be run and what exactly co-chairman John Madejski’s exact involvement with the club is. I think this is a worry for all Reading fans as not knowing exactly what the ownership situation of the club is, means that there will always be an underlying anxiety about what might happen, especially after the Anton Zingarevich era.
Not knowing who the owners of the club are is particularly bizarre and I think that the fans definitely have a right to know. Whilst the club has provided the names of the new owners, they have not provided details of their backgrounds, or what they do, and no one even knows what some of them look like. It is now four months after the takeover and Reading and the new consortium should come clean and be honest with Royals fans.
Another worry for fans is recent remarks about the January transfer window and Reading’s stance on the financial fair play regulations. It has emerged that during this financial year, Reading are currently at a loss of £6m, with the club concerned that if they do spend in January, they may not meet the criteria for the current campaign. It really is not clear how the club is running at a loss after the sale of Alex McCarthy and Sean Morrison, but yet again the fans have been left in the dark about the whole situation.
What is clear however, is that for a third successive transfer window, Reading will have limited funds available and Nigel Adkins will once again have to be patient in the transfer market. Whilst things did look to be picking up in the summer, there was still hardly any money available and most of what Reading did spend came as part of the sell on fee for Michail Antonio.
Even small issues with the club at the moment are causing a problem, with the club and Adkins remaining tight-lipped about when some of the players are returning from injury. Club captain Jem Karacan, for example, has been out for 15 months, and every month since the beginning of this season it has been reported that he is close to a return with nothing ever materialising. Since Adkins has arrived at the club, training injuries and small tweaks and strains have occurred much more frequently, even causing some to question his training methods.
Again, this is something that the fans deserve to know about. Reassurances by the club would go a long way in comforting the supporters. The fans knew that this was going to be a tough season but it has not been made any easier by the club. The supporters have waited long enough for some answers and the club has to treat them with respect. It is time for the club to come forward, face up to the media and the fans and give them all some much needed reassurance.
by Man Friday » 12 Dec 2014 20:40
by Tommy Jenkins » 12 Dec 2014 21:30
by Sutekh » 13 Dec 2014 08:41
leon I think we need a business change strategy
by WAZZOCK » 13 Dec 2014 08:51
by under the tin » 13 Dec 2014 09:03
by Tommy Jenkins » 13 Dec 2014 09:05
by andrew1957 » 13 Dec 2014 09:26
by Tommy Jenkins » 13 Dec 2014 09:48
by Froomes » 13 Dec 2014 09:53
by Ian Royal » 13 Dec 2014 11:02
by AirRaidSiren » 13 Dec 2014 11:38
andrew1957 I can only think that the OP did not hear the Hammond interview on BBCRB before the match last Saturday. He had clearly been given the brief by the club to fully disclose the current situation and was clear and honest about it.
He said - the club was shafted by the previous regime
- there is no money to spend because if we do the FFP regulations will be breached
- we won't be buying players (other than possibly Murray - for whom there are funds in the budget) in January unless we sell players first
- the wage bill is massively too high
- a lot of the players out of contact next summer will be released as we cannot afford them (wage bill too high)
- next summer will give NA a chance to restructure the squad
- the new owners are very supportive but their hands are tied
- he said that NA's position as manager was safe and had not even been discussed at board level
I thought he was very open honest and I was reassured. For all the idiots saying the club is saying nothing WTF do you expect them to say other than the above. I think there are far too many morons supporting RFC.
And can you blame the new owners for keeping a low profile. Their hands are tied and they cannot spend money even if they want to apart from on the Academy – which we know they are doing. But even though this is because of the last regime, many on here will still want then hung drawn and quartered for not spending billions on new players. All they can do is keep a low profile until at least next summer.
Come on guys support the club during this difficult period and stop bleating and moaning about everything - it is getting boring.
by Portsmouth Royal » 13 Dec 2014 11:56
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