ARE WE GOING BUST?

The Royal Forester
Hob Nob Regular
Posts: 1547
Joined: 25 Dec 2015 13:53

ARE WE GOING BUST?

by The Royal Forester » 14 Feb 2022 18:16

The Dais have owned two clubs who have gone bust. I would be interested in knowing if their circumstances compare to ours. If anyone knows the answers please tell
Did the Dais stay in the background as much as they do here?
Was Kia involved with either of those two clubs?
Did the clubs sell the stadium or any other assets to the Dais before going bust?
If so, what happened to those assets after the club(s) ceased to function?
What happened to the stadium, land etc. if not owned by the Dai's?
Were the clubs run in the shambolic way we are?
How often the Manager/Coach was changed

I

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13502
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: ARE WE GOING BUST?

by Brogue » 14 Feb 2022 18:20

no.

User avatar
PATRIQT
Member
Posts: 690
Joined: 11 Mar 2021 14:55

Re: ARE WE GOING BUST?

by PATRIQT » 14 Feb 2022 18:21

The owners have already broke two clubs. They own the stadium and training ground. The previous owners still own the land around the stadium. We have zero assets. We are closer to oblivion than many would like to admit.

Smudge
Member
Posts: 11
Joined: 02 Feb 2022 10:32
Location: Reading

Re: ARE WE GOING BUST?

by Smudge » 14 Feb 2022 18:25

Certainly makes someone buying us challenging if the plug gets pulled......

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13502
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: ARE WE GOING BUST?

by Brogue » 14 Feb 2022 18:27

for what purpose would dai want the club to go bust? the assets he owns? The training ground is a conservation area that used to be a golf course. He won't be able to sell that off to build houses on its protected.

The ground? the Thais own the land around it. so what has dai got? the footprint of the stadium in land, built on top of a rubbish tip.

What's he going to do with his assets if the football club doesn't exist anymore? who is going to buy a training ground and football stadium from him with no football club to play in it?

By letting the club go bust will reduce the value of his assets to zero, it makes no sense.


Stranded
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 20238
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: ARE WE GOING BUST?

by Stranded » 14 Feb 2022 18:29

Possibly. More likely if we go down.

Chances are someone would buy us before that happens but no guarantee.

Smudge
Member
Posts: 11
Joined: 02 Feb 2022 10:32
Location: Reading

Re: ARE WE GOING BUST?

by Smudge » 14 Feb 2022 18:30

Stranded Possibly. More likely if we go down.

Chances are someone would buy us before that happens but no guarantee.


What would they be buying though? That's the issue here.

TiagoIlori
Member
Posts: 971
Joined: 31 Jul 2017 18:34

Re: ARE WE GOING BUST?

by TiagoIlori » 14 Feb 2022 18:30

No we’ll survive. Our wage bill will be a lot better after this season and the remaining players are mostly sellable assets. It will be painful though.

The Royal Forester
Hob Nob Regular
Posts: 1547
Joined: 25 Dec 2015 13:53

Re: ARE WE GOING BUST?

by The Royal Forester » 14 Feb 2022 18:41

Brogue for what purpose would dai want the club to go bust? the assets he owns? The training ground is a conservation area that used to be a golf course. He won't be able to sell that off to build houses on its protected.

The ground? the Thais own the land around it. so what has dai got? the footprint of the stadium in land, built on top of a rubbish tip.

What's he going to do with his assets if the football club doesn't exist anymore? who is going to buy a training ground and football stadium from him with no football club to play in it?

By letting the club go bust will reduce the value of his assets to zero, it makes no sense.

The Training Ground could, possibly, be sold as a sporting /leisure/conference centre. Was the Stadium the only thing built on a rubbish tip? Or is there other buildings also built on the tip? Genuine question as I left Reading long before The Mad. Stad. was built.


windermereROYAL
Hob Nob Addict
Posts: 8360
Joined: 19 Feb 2008 11:18

Re: ARE WE GOING BUST?

by windermereROYAL » 14 Feb 2022 18:45

Who owns the hotel?

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13502
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: ARE WE GOING BUST?

by Brogue » 14 Feb 2022 18:53

windermereROYAL Who owns the hotel?


Not sure but definitely no dai, possibly the Thais

User avatar
STAR Liaison
Hob Nob Regular
Posts: 1408
Joined: 14 Apr 2004 09:58

Re: ARE WE GOING BUST?

by STAR Liaison » 14 Feb 2022 18:54

Brogue
windermereROYAL Who owns the hotel?


Not sure but definitely no dai, possibly the Thais


Lady Sasima's son?

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13502
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: ARE WE GOING BUST?

by Brogue » 14 Feb 2022 18:55

The Royal Forester
Brogue for what purpose would dai want the club to go bust? the assets he owns? The training ground is a conservation area that used to be a golf course. He won't be able to sell that off to build houses on its protected.

The ground? the Thais own the land around it. so what has dai got? the footprint of the stadium in land, built on top of a rubbish tip.

What's he going to do with his assets if the football club doesn't exist anymore? who is going to buy a training ground and football stadium from him with no football club to play in it?

By letting the club go bust will reduce the value of his assets to zero, it makes no sense.

The Training Ground could, possibly, be sold as a sporting /leisure/conference centre. Was the Stadium the only thing built on a rubbish tip? Or is there other buildings also built on the tip? Genuine question as I left Reading long before The Mad. Stad. was built.


Dai has spent millions and millions of his own money in creating the training ground he would never make his money back by selling it off as a leisure centre.

The only stuff on top of the tip is the stadium the hotel the car park and the training dome. The dome I believe is set to move to the forest school in winnersh/Wokingham


User avatar
Jagermesiter1871
Hob Nob Regular
Posts: 3735
Joined: 25 Jul 2010 01:59

Re: ARE WE GOING BUST?

by Jagermesiter1871 » 14 Feb 2022 18:56

Could easily turn to the stadium in to an expanded Reading gate retail park. Maybe a DFS and a good size B&M. Also could add a Taco Bell drive thru. oxf*rd it - go on then.

User avatar
fartdad
Hob Nob Regular
Posts: 2295
Joined: 09 Dec 2020 14:06
Location: USA

Re: ARE WE GOING BUST?

by fartdad » 14 Feb 2022 18:58

I hope so this organization is a DISGRACE

windermereROYAL
Hob Nob Addict
Posts: 8360
Joined: 19 Feb 2008 11:18

Re: ARE WE GOING BUST?

by windermereROYAL » 14 Feb 2022 18:59

Jagermesiter1871 Could easily turn to the stadium in to an expanded Reading gate retail park. Maybe a DFS and a good size B&M. Also could add a Taco Bell drive thru. oxf*rd it - go on then.


Would need planning permission and there would be thousands of objections.

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13502
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: ARE WE GOING BUST?

by Brogue » 14 Feb 2022 18:59

Jagermesiter1871 Could easily turn to the stadium in to an expanded Reading gate retail park. Maybe a DFS and a good size B&M. Also could add a Taco Bell drive thru. oxf*rd it - go on then.


Dai only owns the stadium and the footprint it sits on. And the hotel which isn’t owned by dai is attached to it. The surrounding land is owned by the Thais. The stadium is also a ‘community asset’ which means they couldn’t get planning for a change of use.

blythspartan
Hob Nob Regular
Posts: 2416
Joined: 05 Jun 2012 20:50

Re: ARE WE GOING BUST?

by blythspartan » 14 Feb 2022 19:03

Yes, I wouldn’t be at all surprised if we do. We’re at the mercy of Dai and his cronies. I have already put aside £2k just in case.

User avatar
Snowflake Royal
Hob Nob Legend
Posts: 42708
Joined: 20 Jun 2017 17:51

Re: ARE WE GOING BUST?

by Snowflake Royal » 14 Feb 2022 19:09

Possible but unlikely.

Kitsondinho
Hob Nob Addict
Posts: 6008
Joined: 25 Feb 2005 23:19
Location: at a cricket ground somewhere around the country........

Re: ARE WE GOING BUST?

by Kitsondinho » 14 Feb 2022 19:16

I am convinced we are going to, if we don’t stay up. They don’t want to own a League One club…and when the funding stops, we are screwed!

Who is online

Users browsing this forum: BarryWhiteRFC, Mid Sussex Royal, Orion1871 and 265 guests

It is currently 25 Nov 2024 09:35