CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 11 Feb 2024 19:33

Lower West Perhaps it's less about the players and more about the division the club end up playing in next season. As far as potential purchasers are concerned.

Is correct.

Those sales haven't significantly harmed our chances of survival. And they certainly aren't millions out of the value of the club.

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 11 Feb 2024 19:44

Snowflake Royal
Lower West Perhaps it's less about the players and more about the division the club end up playing in next season. As far as potential purchasers are concerned.

Is correct.

Those sales haven't significantly harmed our chances of survival. And they certainly aren't millions out of the value of the club.


Whatever we received/could have potentially received for Abbey, Harris, Holmes, Vickers, TMc and that other 16 year to Soton is value out of the club. Think that would be arguably millions (obvs got no idea what we actually got)

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 11 Feb 2024 20:56

Uke
Stranded 30m was the price allegedly agreed with Genevra, so I would take the reporting of it being a new price with a large pinch of salt.


But if we’ve sold assets worth 2-3 million in total, you could knock that off the price


The key here is what is included. If the 30m previously didn't include the stadium but now it does then that is a new price & closer to a fair one but prob still too high.

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Re: TAKEOVER *NOT* CONFIMRED

by rfc8 » 11 Feb 2024 21:43

Reading fc takeover cost.

Nigel Howe mentioned 4 separate entities.

Stadium, club, training ground, car park.

Some has planning permission for development.

Cost will depend on what included, all 4 together best if possible.

ps, there's also the hotel, not sure where that fits.

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 12 Feb 2024 06:54

Hound
Snowflake Royal
Lower West Perhaps it's less about the players and more about the division the club end up playing in next season. As far as potential purchasers are concerned.

Is correct.

Those sales haven't significantly harmed our chances of survival. And they certainly aren't millions out of the value of the club.


Whatever we received/could have potentially received for Abbey, Harris, Holmes, Vickers, TMc and that other 16 year to Soton is value out of the club. Think that would be arguably millions (obvs got no idea what we actually got)


Plus there might be sell on clauses in one of those deals.

At the end of the day it's all random spaculation from people who know nothing. Until NH says something then none of it can be believed.


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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 12 Feb 2024 09:04

Sutekh
Hound
Snowflake Royal Is correct.

Those sales haven't significantly harmed our chances of survival. And they certainly aren't millions out of the value of the club.


Whatever we received/could have potentially received for Abbey, Harris, Holmes, Vickers, TMc and that other 16 year to Soton is value out of the club. Think that would be arguably millions (obvs got no idea what we actually got)


Plus there might be sell on clauses in one of those deals.

At the end of the day it's all random spaculation from people who know nothing. Until NH says something then none of it can be believed.


Hmm and probably not then either

But fact remains losing 4 or 5 sellable players and using that money to tick over reduces the value of the club

Fwiw think the Athletic article is prob just speculation, but would really like to see movement very soon on the sale

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Re: TAKEOVER *NOT* CONFIMRED

by Wycombe Royal » 12 Feb 2024 09:17

rfc8 ps, there's also the hotel, not sure where that fits.

That's a question for the Thai's. Nothing to do with Dai.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 12 Feb 2024 09:25

If Howe's updates are a reflection of where Dai's head is at, there should be exclusivity by the end of February and a sale completed by the end of the season. New owner keeps the team together and recruits well, we get promoted next season, everyone happy.

Of course I'm skeptical. If we get deep into March with no positive update then I'll start fearing the worst.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 12 Feb 2024 09:47

Hound
Sutekh
Hound
Whatever we received/could have potentially received for Abbey, Harris, Holmes, Vickers, TMc and that other 16 year to Soton is value out of the club. Think that would be arguably millions (obvs got no idea what we actually got)


Plus there might be sell on clauses in one of those deals.

At the end of the day it's all random spaculation from people who know nothing. Until NH says something then none of it can be believed.


Hmm and probably not then either

But fact remains losing 4 or 5 sellable players and using that money to tick over reduces the value of the club

Fwiw think the Athletic article is prob just speculation, but would really like to see movement very soon on the sale

About 3 of them were ooc in the summer anyway. Maybe we could have got another £500k for Holmes.

Maybe we could have got millions for Vickers. Or maybe he'd have flopped and left on a free for Nuneaton.

You could make a better argument that the club is more valuable after the departures because the wage bill is even healthier and the club's in a better League position regardless.

Value is basically from what division your in.


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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 12 Feb 2024 09:51

Hound
Sutekh
Hound
Whatever we received/could have potentially received for Abbey, Harris, Holmes, Vickers, TMc and that other 16 year to Soton is value out of the club. Think that would be arguably millions (obvs got no idea what we actually got)


Plus there might be sell on clauses in one of those deals.

At the end of the day it's all random spaculation from people who know nothing. Until NH says something then none of it can be believed.


Hmm and probably not then either

But fact remains losing 4 or 5 sellable players and using that money to tick over reduces the value of the club

Fwiw think the Athletic article is prob just speculation, but would really like to see movement very soon on the sale


I don’t think selling Abbey, Vickers, TMac, Holmes and one or two others from the academy has reduced the value of the club. Surely, using the money from the sales to help keep the club afloat and stay in League One adds more value.

Plus, we have no idea at this time how good Abbey and Vickers will become. I think I would have been more concerned if they had both been top performers on long term contracts and we’d let them go on the cheap.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 12 Feb 2024 09:54

Snowflake Royal
Hound
Sutekh
Plus there might be sell on clauses in one of those deals.

At the end of the day it's all random spaculation from people who know nothing. Until NH says something then none of it can be believed.


Hmm and probably not then either

But fact remains losing 4 or 5 sellable players and using that money to tick over reduces the value of the club

Fwiw think the Athletic article is prob just speculation, but would really like to see movement very soon on the sale

About 3 of them were ooc in the summer anyway. Maybe we could have got another £500k for Holmes.

Maybe we could have got millions for Vickers. Or maybe he'd have flopped and left on a free for Nuneaton.

You could make a better argument that the club is more valuable after the departures because the wage bill is even healthier and the club's in a better League position regardless.

Value is basically from what division your in.


Even more basic than that, value is what someone is willing to pay.

In some circumstances, a buyer may even pay more for a L2 side than a L1 side if they feel the long term outlook for that club is rosier. A L2 club with exactly the same infrastructure as us but with costs under control and minimal debt could be worth paying more for that a L1 club in poor health as the costs associated with then turning that club around are greater. Still wouldn't expect someone to pay 30m but there you go.

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 12 Feb 2024 09:56

Of course being in div1 rather than div2 is going to the bigger factor. But the original pricing was for Div1 and those players not a choice between Div1 without those players or Div2 with those players

Selling those players hasn’t increased our chance of staying in Div1 from the original valuation

And the wages of Harris, Vickers and Abbey would have been very small relatively

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 12 Feb 2024 09:58

It was probably standard bargaining and the Athletic have over interpreted. If you were in negotiation when those sales happened, of course you would try and argue that they reduced the club value, whether you actually felt that way or not.


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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 12 Feb 2024 10:18

As mentioned by WYR earlier, I just hope there’s some news about exclusivity by the end of the month. I am hoping we’re down to one interested, viable party and a deal can be made soon.

If we haven’t got new owners before the season ends, I can’t see us starting the 24/25 season.

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Re: TAKEOVER *NOT* CONFIMRED

by rfc8 » 12 Feb 2024 10:35

Wycombe Royal
rfc8 ps, there's also the hotel, not sure where that fits.

That's a question for the Thai's. Nothing to do with Dai.


Thanks. So if someone bought whole site, club, stadium, car park, plus the training ground another site, and looked at development opportunities, etc there would be the issue of the hotel freehold owned by someone else and in the middle of the plot. A possible complication. But ways round I suppose. Also the possibility of stadium expansion sometime in the future, would the hotel ownership be an issue.

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Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 12 Feb 2024 10:42

blythspartan As mentioned by WYR earlier, I just hope there’s some news about exclusivity by the end of the month. I am hoping we’re down to one interested, viable party and a deal can be made soon.

If we haven’t got new owners before the season ends, I can’t see us starting the 24/25 season.


Have you always been so positive?

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Re: TAKEOVER *NOT* CONFIMRED

by NathStPaul » 12 Feb 2024 10:43

windermereROYAL
blythspartan As mentioned by WYR earlier, I just hope there’s some news about exclusivity by the end of the month. I am hoping we’re down to one interested, viable party and a deal can be made soon.

If we haven’t got new owners before the season ends, I can’t see us starting the 24/25 season.


Have you always been so positive?


Ah Windermere the blind positivity merchant is here!

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Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 12 Feb 2024 11:10

rfc8 Reading fc takeover cost.

Nigel Howe mentioned 4 separate entities.

Stadium, club, training ground, car park.

Some has planning permission for development.

Cost will depend on what included, all 4 together best if possible.

ps, there's also the hotel, not sure where that fits.



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Re: TAKEOVER *NOT* CONFIMRED

by Wycombe Royal » 12 Feb 2024 11:25

rfc8
Wycombe Royal
rfc8 ps, there's also the hotel, not sure where that fits.

That's a question for the Thai's. Nothing to do with Dai.


Thanks. So if someone bought whole site, club, stadium, car park, plus the training ground another site, and looked at development opportunities, etc there would be the issue of the hotel freehold owned by someone else and in the middle of the plot. A possible complication. But ways round I suppose. Also the possibility of stadium expansion sometime in the future, would the hotel ownership be an issue.

I believe the land around the stadium is also majority owned by the Thai's...so all the car parking etc....

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 12 Feb 2024 11:37

blythspartan As mentioned by WYR earlier, I just hope there’s some news about exclusivity by the end of the month. I am hoping we’re down to one interested, viable party and a deal can be made soon.

If we haven’t got new owners before the season ends, I can’t see us starting the 24/25 season.


I don't think we need new owners by end of season but the process of changing hands needs to be well underway or, if not, Dai needs to have changed his outlook on running the club and actually ensure it remains financed throughout the summer to allow recruitement/contracts.

But overall, if there is no exclusivity in place by the end of the season, we will be in a very bad place. This is the absolute latest of course, would hope it is place by end of month.

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