CONFRIMED: Latest rumours Confrimed as Unconfrimed

[Snowflake Royal]

I think you’ll find I announced the exclusivity before this chump. Maybe we have the same sauce

The exclusivity that never materialised? Go you.

Indeed but once again you miss the point, if you don’t believe me then why would you believe him, who also announced exclusivity and got it wrong…

I don't.

[Brogue]

The exclusivity that never materialised? Go you.

Indeed but once again you miss the point, if you don’t believe me then why would you believe him, who also announced exclusivity and got it wrong…

I don't.

Sorry just edited I didn’t mean ‘you’ per se

[Sutekh]

Indeed but once again you miss the point, if you don’t believe me then why would you believe him, who also announced exclusivity and got it wrong…

I don't.

Sorry just edited I didn’t mean ‘you’ per se

It’s Ian not Percy

[Royalwaster]

Reading that tweet it sounded like someone merely keen to stir up the protests with no actually proof to justify his/her claims that Genevre have walked away.

If they have, there would have been a public annoucement to that fact; if I was their PR I would put out a statement along these lines:

"In the light of detailed discussions with the owner and as a result of the due diligence process, Genevre have decided to no longer pursue the purchase of Reading FC. Genevre wish the club and all its supporters all the best for the future and for the sale of the club to be settled as soon as possible".

And what if the owner pi$$ed them about, which i understand did happen, they might just walk away and say nothing !

To be honest, if that were really the case then we'd have missed a bullet as it would mark out Genevre as one of the most unprofessional outfits in the world ... ! Even Will Storey who is a clown and a shyster put out a statement ...

[rabidbee]

As his bid was only about garnering free publicity, that's hardly surprising.

[Snowflake Royal]

Reading that tweet it sounded like someone merely keen to stir up the protests with no actually proof to justify his/her claims that Genevre have walked away.

If they have, there would have been a public annoucement to that fact; if I was their PR I would put out a statement along these lines:

"In the light of detailed discussions with the owner and as a result of the due diligence process, Genevre have decided to no longer pursue the purchase of Reading FC. Genevre wish the club and all its supporters all the best for the future and for the sale of the club to be settled as soon as possible".

And what if the owner pi$$ed them about, which i understand did happen, they might just walk away and say nothing !

To be honest, if that were really the case then we'd have missed a bullet as it would mark out Genevre as one of the most unprofessional outfits in the world ... ! Even Will Storey who is a clown and a shyster put out a statement ...

For attention.

No one else has put out a public statement of interest. Why would the make a public statement of withdrawal.

[Sutekh]

The club itself made a statement to confirm what was happening therefore I would expect the club to do the same with any significant changes to their statement but this is Reading and they just can't be arsed to speak to the hoi poloi. MB won't even speak to Tim despite numerous requests for a chat (in essence MB just responds with "what am I meant to say about it all"). God I hate club's that think communication vacuums are a good idea.

[Hound]

More reports of deal off on twitter

[WestYorksRoyal]

What does it mean if true? It's taken months to reach this point. Presumably it was the best bid available to Dai, and nobody starting negotiations from scratch now would offer better.

[Stranded]

What does it mean if true? It's taken months to reach this point. Presumably it was the best bid available to Dai, and nobody starting negotiations from scratch now would offer better.

Allegedly the only bid on the table...

[genome]

Administration probably

[gazzer, loyal royal]

Been loosely told a few weeks a go that Dai Yongges sister stormed out of a meeting and is no longer part of the process, which would make sense that the goalposts have since moved.

No idea who she was frustrated at, Dai or the bidders but it’s all gone to pot since she left the negotiations.

[WestYorksRoyal]

Administration probably

But it's not logical. Who in their right mind would reject a bid, put us into administration, lose control of the sale process and in all likelihood receive a lot less?

If none of the bids are up to his asking price, the only logical response would be to fund the club again, get it on firmer footing and then be in a stronger negotiating position. But we know that won't happen.

The worry is that he's just given up on a sale, and we continue the current way for years. Late HMRC payments, payday uncertainty, players leaving on frees. Who knows where that would end.

[blythspartan]

Administration probably

But it's not logical. Who in their right mind would reject a bid, put us into administration, lose control of the sale process and in all likelihood receive a lot less?

If none of the bids are up to his asking price, the only logical response would be to fund the club again, get it on firmer footing and then be in a stronger negotiating position. But we know that won't happen.

The worry is that he's just given up on a sale, and we continue the current way for years. Late HMRC payments, payday uncertainty, players leaving on frees. Who knows where that would end.

Sadly, I think it’ll end in liquidation.

[Stranded]

If it is true, not sure how anyone gets enticed to the table esp if it is clear that the negotiating partner is likely to shift the goalposts as you move close to a deal.

Feels like we may be a tiny bit more fcuked. But naturally not all clear this is true.

[genome]

Administration probably

But it's not logical. Who in their right mind would reject a bid, put us into administration, lose control of the sale process and in all likelihood receive a lot less?

If none of the bids are up to his asking price, the only logical response would be to fund the club again, get it on firmer footing and then be in a stronger negotiating position. But we know that won't happen.

The worry is that he's just given up on a sale, and we continue the current way for years. Late HMRC payments, payday uncertainty, players leaving on frees. Who knows where that would end.

a slow death

[WestYorksRoyal]

Administration probably

But it's not logical. Who in their right mind would reject a bid, put us into administration, lose control of the sale process and in all likelihood receive a lot less?

If none of the bids are up to his asking price, the only logical response would be to fund the club again, get it on firmer footing and then be in a stronger negotiating position. But we know that won't happen.

The worry is that he's just given up on a sale, and we continue the current way for years. Late HMRC payments, payday uncertainty, players leaving on frees. Who knows where that would end.

Sadly, I think it’ll end in liquidation.

Again, why? Let's reject £30m and then let the club be liquidated so I get fcuk all.

The most likely explanation is he likes the gaming mindset, and he'd rather liquidation rather than "lose" in negotiations. But even then, he and many others lose out big time in a liquidation scenario.

[blythspartan]

But it's not logical. Who in their right mind would reject a bid, put us into administration, lose control of the sale process and in all likelihood receive a lot less?

If none of the bids are up to his asking price, the only logical response would be to fund the club again, get it on firmer footing and then be in a stronger negotiating position. But we know that won't happen.

The worry is that he's just given up on a sale, and we continue the current way for years. Late HMRC payments, payday uncertainty, players leaving on frees. Who knows where that would end.

Sadly, I think it’ll end in liquidation.

Again, why? Let's reject £30m and then let the club be liquidated so I get fcuk all.

The most likely explanation is he likes the gaming mindset, and he'd rather liquidation rather than "lose" in negotiations. But even then, he and many others lose out big time in a liquidation scenario.

He’s done it to two other clubs and I could see him just writing off his losses. As much as that doesn’t make sense he’s not a rational man. I’d also imagine the demonstrations have hurt his pride/feelings and I could see him doing it out of pure spite. Obviously, I hope I am wrong, but I don’t see a happy ending.

[El Diablo]

Sadly, I think it’ll end in liquidation.

Again, why? Let's reject £30m and then let the club be liquidated so I get fcuk all.

The most likely explanation is he likes the gaming mindset, and he'd rather liquidation rather than "lose" in negotiations. But even then, he and many others lose out big time in a liquidation scenario.

He’s done it to two other clubs and I could see him just writing off his losses. As much as that doesn’t make sense he’s not a rational man. I’d also imagine the demonstrations have hurt his pride/feelings and I could see him doing it out of pure spite. Obviously, I hope I am wrong, but I don’t see a happy ending.

I work with clients who are extremely rich, and live in a world where rational thinking as we'd see it is totally devoid. For Dai, its not about the money. Its about the deal. If he doesn't get the deal he wants, he'll just shrug his shoulders and move on. £30m to him is nothing. It has no impact on his life or his lifestyle.
And we all know that he doesn't give a shit about the club , the town or its fans.
I fear the worse.

[rabidbee]

The reality is that none of us really know anything concrete, and the vacuum is being filled by rumour, misinformation and conjecture.