CONFRIMED: Latest rumours Confrimed as Unconfrimed

6069 posts
Delboy
Member
Posts: 403
Joined: 27 Nov 2011 10:54

Re: TAKEOVER *NOT* CONFIMRED

by Delboy » 06 Jan 2024 06:33

I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Orion1871
Hob Nob Regular
Posts: 3579
Joined: 14 Jul 2020 09:08
Location: Shut up, dick

Re: TAKEOVER *NOT* CONFIMRED

by Orion1871 » 06 Jan 2024 09:34

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

User avatar
tmesis
Hob Nob Regular
Posts: 2828
Joined: 16 Aug 2013 20:26

Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 11:08

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.

User avatar
PieEater
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 6544
Joined: 14 Apr 2004 15:42
Location: Comfortably numb

Re: TAKEOVER *NOT* CONFIMRED

by PieEater » 06 Jan 2024 12:46

tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

Ten Bobsworth
Member
Posts: 166
Joined: 23 Nov 2023 23:22

Re: TAKEOVER *NOT* CONFIMRED

by Ten Bobsworth » 06 Jan 2024 13:10

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


I think he's trying to cut his losses whilst trying to find some other Pollyanna with money to burn.
I have no doubt that Reading have supporters that can read a balance sheet? Do any of them ever post on this site?


Royal_jimmy
Hob Nob Addict
Posts: 5168
Joined: 10 Aug 2011 10:44
Location: Planet Earth

Re: TAKEOVER *NOT* CONFIMRED

by Royal_jimmy » 06 Jan 2024 13:46

I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.

User avatar
Franchise FC
Hob Nob Super-Addict
Posts: 11697
Joined: 22 May 2007 16:24
Location: Relocated to LA

Re: TAKEOVER *NOT* CONFIMRED

by Franchise FC » 06 Jan 2024 17:09

PieEater
tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

User avatar
tmesis
Hob Nob Regular
Posts: 2828
Joined: 16 Aug 2013 20:26

Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 17:35

Franchise FC
PieEater
tmesis Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

More seriously, the league wouldn't need to expel the club if it was liquidated, as it would completely cease to exist.

History has shown that the courts are traditionally reluctant to agree to winding up orders for football clubs though.

User avatar
Lower West
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 4984
Joined: 14 Apr 2004 11:35
Location: Admiring Clem Morfuni at Work

Re: TAKEOVER *NOT* CONFIMRED

by Lower West » 06 Jan 2024 18:05

Royal_jimmy I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.


The football club isn't worth anywhere near £20m though.


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

Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:20

Orion1871
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.

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

Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:25

Lower West
Royal_jimmy I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.


The football club isn't worth anywhere near £20m though.

It is, if it includes the Stadium and/or Training Ground.

Royal_jimmy
Hob Nob Addict
Posts: 5168
Joined: 10 Aug 2011 10:44
Location: Planet Earth

Re: TAKEOVER *NOT* CONFIMRED

by Royal_jimmy » 06 Jan 2024 18:30

The Royal Forester
Orion1871
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

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

Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:59

Royal_jimmy
The Royal Forester
Orion1871
He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).


User avatar
Snowflake Royal
Hob Nob Legend
Posts: 42706
Joined: 20 Jun 2017 17:51

Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 07 Jan 2024 13:19

The Royal Forester
Royal_jimmy
The Royal Forester But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

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

Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 07 Jan 2024 14:14

Snowflake Royal
The Royal Forester
Royal_jimmy
Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

You still not do get it do you? Let me explain that China is a Country, whilst china (as the original poster in this exchange, put it) is an article made from clay and other items. Maybe my attempt at humour is way beyond your abilities to realise. I promise that I will try to lower my expectation of what some nobbers can see as humour in future. It is unbelievable naive not to be able to see the difference between a capital and lower case letter, mate. Didn't the reference to a china dog moneybox give you a clue?

User avatar
Snowflake Royal
Hob Nob Legend
Posts: 42706
Joined: 20 Jun 2017 17:51

Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 07 Jan 2024 14:26

The Royal Forester
Snowflake Royal
The Royal Forester There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

You still not do get it do you? Let me explain that China is a Country, whilst china (as the original poster in this exchange, put it) is an article made from clay and other items. Maybe my attempt at humour is way beyond your abilities to realise. I promise that I will try to lower my expectation of what some nobbers can see as humour in future. It is unbelievable naive not to be able to see the difference between a capital and lower case letter, mate. Didn't the reference to a china dog moneybox give you a clue?

I certainly noticed some attempt at humour, but I mistakenly assumed something so lame would only be an aside.

Apologies, I'll update the spreadsheet.

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

Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 07 Jan 2024 14:36

As someone (very much) younger than me would say, "Yeah. whatever!"

User avatar
Extended-Phenotype
Hob Nob Addict
Posts: 5907
Joined: 27 May 2011 10:43
Location: Oxford Road

Re: TAKEOVER *NOT* CONFIMRED

by Extended-Phenotype » 07 Jan 2024 15:20

Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.

User avatar
Brogue
Hob Nob Super-Addict
Posts: 13495
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 07 Jan 2024 15:59

Extended-Phenotype Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.


Hi EP. How’s things

User avatar
Pepe the Horseman
Hob Nob Super-Addict
Posts: 18309
Joined: 23 Jun 2011 10:24
Location: Putting right what once went wrong

Re: TAKEOVER *NOT* CONFIMRED

by Pepe the Horseman » 07 Jan 2024 15:59

Extended-Phenotype Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.

WB x

6069 posts

Who is online

Users browsing this forum: Jinx and 192 guests

It is currently 24 Nov 2024 20:45