CONFRIMED: Latest rumours Confrimed as Unconfrimed

[YorkshireRoyal99]

I mean, i did say 4 year minimum. I was just thinking how that kind of time frame might not appeal to the sort of investors who would be looking to buy and flip for profit. Someone like Mike Ashley is a different kettle of fish, he knows that industry and would enjoy the journey as much as the outcome. But, if i'm an American investment firm looking to buy into English football cheap i'm not sure I would be interested in buying a - club that is about to be relegated to the 4th tier. We do have advantages in terms of location, infrastructure, catchment area - but I might still be looking to buy someone like Bolton or Barnsley.

My first consultation would be who is for sale. We are, they're not.

According to Kieran Macguire, most EFL clubs are either secretly up for sale or open to offers.

I suspect this is the case, the old saying of "everything has it's price". Some people will be loyal to certain football clubs, they could be close to their heart, but if someone is interested then I'd anticipate they'd entertain the idea of selling a club if the offer was correct.

[WestYorksRoyal]

My first consultation would be who is for sale. We are, they're not.

According to Kieran Macguire, most EFL clubs are either secretly up for sale or open to offers.

I suspect this is the case, the old saying of "everything has it's price". Some people will be loyal to certain football clubs, they could be close to their heart, but if someone is interested then I'd anticipate they'd entertain the idea of selling a club if the offer was correct.

Everyone has their price, but obviously ours will be lower than Bolton's, and not just because of the league position. Their owners only bought the recently, got them out of L2 and are now eyeing up the Championship. No doubt they are enjoying owning the club and feel they have more to do. They won't want to sell, so you've got to pay a premium to convince them otherwise.

We have a failed owner cutting his losses.

Go figure where you can get a better deal.

[Royal Ginger]

But Bolton is in Bolton. That’s got to be worth a bit of a saving.

[Sutekh]

But Bolton is in Bolton. That’s got to be worth a bit of a saving.

Depends on your definition of Bolton as Wanderers play in Horwich which is about 5 miles west of Bolton, though they remain in the metropolitan borough of that name.

[windermereROYAL]

Anybody getting bored of waiting now?

[blythspartan]

I expect Dai has rejected all offers.

[RoyalBlue]

Anybody getting bored of waiting now?

I hate to say it but 50 years on, I'm now starting to get bored of Reading FC and English professional football in general.

And just to make things worse, I'd forgotten how Leicester were seemingly able to buy their way out of EFL FFP trouble. https://www.theguardian.com/football/2018/feb/21/leicester-settlement-football-league-ffp#:~:text=Leicester%20make%20%C2%A33.1m%20settlement%20with%20Football%20League%20over%20FFP%20claim,-This%20article%20is&text=Leicester%20City%20have%20agreed%20to,in%20their%202013%2D14%20season.

[WestYorksRoyal]

This is an important week. We'll either see journos reporting exclusivity, or that nothing is moving and Dai is staying for the foreseeable future.

[Stranded]

Anybody getting bored of waiting now?

I hate to say it but 50 years on, I'm now starting to get bored of Reading FC and English professional football in general.

And just to make things worse, I'd forgotten how Leicester were seemingly able to buy their way out of EFL FFP trouble. https://www.theguardian.com/football/2018/feb/21/leicester-settlement-football-league-ffp#:~:text=Leicester%20make%20%C2%A33.1m%20settlement%20with%20Football%20League%20over%20FFP%20claim,-This%20article%20is&text=Leicester%20City%20have%20agreed%20to,in%20their%202013%2D14%20season.

Don't forget Leicester have essentially bent the rules twice without any effective punishment. They won promotion in 2002/03 despite going in to administration in October '02. There were literally no penalties at the time and the club had built a promotion winning squad they couldn't afford but were bought out of admin essentially debt free and won promotion.

It was this case that led the EFL, after multiple complaints from other clubs, to bring in the rule that a side going into admin lost 10 points automatically (now 12).

[Hendo]

Anybody getting bored of waiting now?

Not really, no.

It'll be done when it's done.

It's not like getting a meal deal down Tesco

[paultheroyal]

This is an important week. We'll either see journos reporting exclusivity, or that nothing is moving and Dai is staying for the foreseeable future.

as you were then.

[NathStPaul]

Anybody getting bored of waiting now?

Windermere wetting his knickers again. Calm down luv.

[genome]

These are long complex processes, and in fact the longer it takes the better... unless you want to be back here again in a few years

[Brogue]

These are long complex processes, and in fact the longer it takes the better... unless you want to be back here again in a few years

+1 we don’t want another anton

[From Despair To Where?]

Anybody getting bored of waiting now?

I hate to say it but 50 years on, I'm now starting to get bored of Reading FC and English professional football in general.

And just to make things worse, I'd forgotten how Leicester were seemingly able to buy their way out of EFL FFP trouble. https://www.theguardian.com/football/2018/feb/21/leicester-settlement-football-league-ffp#:~:text=Leicester%20make%20%C2%A33.1m%20settlement%20with%20Football%20League%20over%20FFP%20claim,-This%20article%20is&text=Leicester%20City%20have%20agreed%20to,in%20their%202013%2D14%20season.

Don't forget Leicester have essentially bent the rules twice without any effective punishment. They won promotion in 2002/03 despite going in to administration in October '02. There were literally no penalties at the time and the club had built a promotion winning squad they couldn't afford but were bought out of admin essentially debt free and won promotion.

It was this case that led the EFL, after multiple complaints from other clubs, to bring in the rule that a side going into admin lost 10 points automatically (now 12).

Pretty sure they got a shiny new stadium pretty much for free.

[WestYorksRoyal]

These are long complex processes, and in fact the longer it takes the better... unless you want to be back here again in a few years

+1 we don’t want another anton

But we've had about 3 months of discussions and negotiations. Howe has been helping facilitate and Bowen too. We're now at the point where 4 offers are on the table, presumably from parties we have done our homework on. A time comes where you have to make a decision, and that is where we're at.

[Hendo]

These are long complex processes, and in fact the longer it takes the better... unless you want to be back here again in a few years

+1 we don’t want another anton

But we've had about 3 months of discussions and negotiations. Howe has been helping facilitate and Bowen too. We're now at the point where 4 offers are on the table, presumably from parties we have done our homework on. A time comes where you have to make a decision, and that is where we're at.

Have we?

Mike Ashely registered his interest about 3 weeks ago.

[NathStPaul]

So many experts on football club takeovers.....

They have no idea how long it takes or what it involves.

[Brogue]

So many experts on football club takeovers.....

They have no idea how long it takes or what it involves.

Exactly, we need an actual expert. Ian, can you flesh this out a bit for us mere mortals?

[bcubed]

I thought you had to be an expert to be accepted on Hobnob