Pepe the Horseman I expect it'll be Steve Bruce if Ashley takes over.
Time to trade tennis balls in for cabbages.
by Orion1871 » 10 Nov 2023 18:49
Pepe the Horseman I expect it'll be Steve Bruce if Ashley takes over.
by Pepe the Horseman » 10 Nov 2023 19:25
by Snowflake Royal » 10 Nov 2023 20:18
Hound Remember when half tbe board/Twitter was up in arms about Cotteril? I’d take him as manager now…
by Hound » 10 Nov 2023 21:02
Snowflake RoyalHound Remember when half tbe board/Twitter was up in arms about Cotteril? I’d take him as manager now…
I'd take your mum as manager now.
by 72 bus » 10 Nov 2023 21:26
Pepe the HorsemanStrandedzaskar
I don't think he was talking about compensation for sacking the manager, most likely referring to compensation fees for young players that reject contract extensions:
https://www.leathesprior.co.uk/news/com ... -a-mystery
It will be that. We cannot pay anything to bring a player to the club - it has to be an actual free transfer.
Probably means we can't pay compo for a manager already in a job too. May have also been the case when Selles was appointed.
by Norfolk Royal » 13 Nov 2023 13:01
Pepe the HorsemanNorfolk RoyalSilver Fox
CFY
As I said, peppermint Aero bubbles is/are the way forward.
Mint chocolate is absolutely pointless. May as well just neck some toothpaste.
by LUX » 13 Nov 2023 13:02
Snowflake RoyalHound Remember when half tbe board/Twitter was up in arms about Cotteril? I’d take him as manager now…
I'd take your mum
by WestYorksRoyal » 14 Nov 2023 14:15
Clyde1998 The article reads:
Reading owner Dai Yongge has flown into England for crucial takeover talks, in a major development for the crisis hit League One club.
Yongge is assessing a number of offers to buy the club and is expected to make a decision on a preferred bidder early next week.
Former Newcastle owner Mike Ashley and Genevra Associates, an investment group based in Luxembourg, are understood to be two parties interested in acquiring the club, who are currently bottom of the third tier.
Yongge is under huge pressure to sell up and the next few days are regarded as vital for Reading’s short-term future.
Once Yongge has selected a preferred bidder, a period of exclusivity will be granted for the party to complete a deal. If that process runs smoothly, Reading could have new owners by the start of next year.
Genevra Associates are understood to have recently submitted a revised and final bid, and remain hopeful of agreeing a deal with Yongge.
William Storey, the British businessman, recently pulled out of talks despite initially claiming he had agreed a contract and exclusivity in October.
Yongge, who is based in China, is ready to sell up after a stormy tenure in which the club has been docked 16 points by the Football League for financial breaches.
A winding-up order by HMRC was dropped earlier this week after Yongge settled an overdue tax bill, but the club remains in severe financial difficulty.
Mark Bowen, the head of football operations, admitted in a statement on Thursday that a sale of the club could be close.
“Daily operations at the club continue to be hamstrung by cashflow problems, the search for new owners is encouraging but naturally time-consuming,” he said.
“We are in constant discussion, negotiation and engagement with an encouraging number of individuals who, we believe, are all capable of making viable takeover bids.
“It is very difficult to speculate on the timescales involved, but I am very positive that this process is now nearing a much-needed conclusion.”
by Stranded » 16 Nov 2023 17:32
by Elm Park Kid » 16 Nov 2023 17:35
by Sutekh » 16 Nov 2023 18:19
Elm Park Kid Unfortunately this will be a situation where the least financially sensible person is going to be the one offering the most money.
by Royal_jimmy » 16 Nov 2023 19:48
Clyde1998Royal_jimmyHendo Bradford
Bournemouth
Brentford
Coventry
Swansea
For a few more.
I wouldn't say Bournemouth and Brentford are bigger than us. Probably about the same size. Same as Bradford too.
Only club who have always been bigger is Coventry from that lot.
Only really Bradford and Coventry could be described as at least the same size as us (as we are now) at the time of their financial issues. It's even arguable whether Bournemouth or Brentford are bigger than us now (in terms of support at least).
by Royal_jimmy » 16 Nov 2023 19:56
SutekhElm Park Kid Unfortunately this will be a situation where the least financially sensible person is going to be the one offering the most money.
So Mr Ashley likely to be the lowest bid though probably the most likely to "fly" through the ODT the quickest and take this mess off of Mr Dai so he can get back to his bomb shelters.
by WestYorksRoyal » 16 Nov 2023 20:51
by Ascotexgunner » 16 Nov 2023 21:50
by Lower West » 16 Nov 2023 23:34
Ascotexgunner What I don't get is the Red Bird bid. Though I understand they aren't exactly clean as an organisation, their sports investment fun is worth 8billion, they own AC Milan and 10% of Liverpool. We just seem too small for them.
by Elm Park Kid » 16 Nov 2023 23:38
by Sutekh » 17 Nov 2023 07:05
Lower WestAscotexgunner What I don't get is the Red Bird bid. Though I understand they aren't exactly clean as an organisation, their sports investment fun is worth 8billion, they own AC Milan and 10% of Liverpool. We just seem too small for them.
Feeder club. Somewhere to develop younger players who'll never make the top grade for resale. Liverpool churn plenty out every year who end up being farmed out. Ovie Ejaria started life there............
by Stranded » 17 Nov 2023 11:20
Elm Park Kid The riches of the PL mean that pretty much any EFL club can be sold to investors as having the potential to increase in value 10 fold. And with all the Wrexham stuff there might be a few more people out there willing to believe that fairy tale.
But, sadly, the time frame in which Reading could achieve that has now been stretched out to realistically a minimum of 4 years. It's probably too long.
by WestYorksRoyal » 17 Nov 2023 11:33
Elm Park Kid The riches of the PL mean that pretty much any EFL club can be sold to investors as having the potential to increase in value 10 fold. And with all the Wrexham stuff there might be a few more people out there willing to believe that fairy tale.
But, sadly, the time frame in which Reading could achieve that has now been stretched out to realistically a minimum of 4 years. It's probably too long.
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