by Stranded » 01 Mar 2024 14:51
by NathStPaul » 01 Mar 2024 15:36
Sutekh 12 hours of rain forecast up there which finishes around 2am before relenting for 12 hours or so, then it's back again so will be wet up there during the game.
by Sutekh » 01 Mar 2024 16:16
NathStPaulSutekh 12 hours of rain forecast up there which finishes around 2am before relenting for 12 hours or so, then it's back again so will be wet up there during the game.
It will be off.
by Mr Angry » 01 Mar 2024 16:19
by WestYorksRoyal » 01 Mar 2024 16:26
Mr Angry And another thread that gets sucked into the ownership history/points deduction situation; I - and I suspect many others - enjoy reading about the upcoming matches (and Sutekh has done another excellent job here), so rather than have the same discussions that are going around and around on multiple other threads being regurgitated on every thread that is created, can we leave the threads that are for specific things just for those specific things?
by windermereROYAL » 01 Mar 2024 17:00
NathStPaulSutekh 12 hours of rain forecast up there which finishes around 2am before relenting for 12 hours or so, then it's back again so will be wet up there during the game.
It will be off.
by Mid Sussex Royal » 01 Mar 2024 18:18
by NathStPaul » 01 Mar 2024 18:24
windermereROYALNathStPaulSutekh 12 hours of rain forecast up there which finishes around 2am before relenting for 12 hours or so, then it's back again so will be wet up there during the game.
It will be off.
Wish you were.
by NathStPaul » 01 Mar 2024 18:25
Mid Sussex Royal Earnshaw just reporting driving through a blizzard, given he left lunch time he must be nearly there.
Met office is for rain on and off, heavy at times, until kick off
by Orion1871 » 01 Mar 2024 18:40
HendoRoyalBlueHendo
What were all the red flags when they allowed him to buy us?
That he liquidated 2 clubs after they approved his takeover? Or the fact the failed Hull takeover included a different consortium makeup?
https://www.sportspromedia.com/news/efl-clears-takeover-of-promotion-chasing-reading/
Regardless of the different consortium aspect, from what I understand, the EPL shared their concerns about Dai with the EFL. The EFL also approved Dai's ownership conditionally and said he would be subject to increased scrutiny. It would seem they must have employed scrutineers who were as competent with numbers as Paul Simpson.The EFL gave conditional approval for the deal in April but it has been reported that the Premier League, which gives input into the ownership status of teams who may compete in its competition, had been cautious about the deal due to aspects of the Dais' commercial history. Dai Yongge had earlier failed in an attempt to buy recently relegated Premier League club Hull City over concerns, later allayed, that he did not control the funds he was intending to use to complete the purchase. The Dais' takeover of Reading will remain subject to further oversight by the EFL.
The previous owners will retain a 25 per cent stake.
'The EFL can confirm that they have no objections to the change of control application made by Reading Football Club,' read an official statement issued by the EFL.
'Following a full review of the transaction, the EFL has insisted upon – and the club/new owners have agreed to – a number of additional reporting requirements including enhanced financial monitoring.
'This is so as to ensure that their performance is consistent with the application we have considered.
Ok, but that's not really a red flag, is it?Dai Yongge had earlier failed in an attempt to buy recently relegated Premier League club Hull City over concerns, later allayed, that he did not control the funds he was intending to use to complete the purchase.
I still don't understand how the EFL are the big bad in this? They have a duty to the full set of 72 members to ensure the competition is fair. They don't have a magical crystal ball that allows them to see into the future.
All signings by all clubs have to be ratified by the governing bodies if we could prove that we were able to sustain the signings made at the time, what else can they do?
by Stranded » 01 Mar 2024 18:47
Orion1871HendoRoyalBlue
https://www.sportspromedia.com/news/efl-clears-takeover-of-promotion-chasing-reading/
Regardless of the different consortium aspect, from what I understand, the EPL shared their concerns about Dai with the EFL. The EFL also approved Dai's ownership conditionally and said he would be subject to increased scrutiny. It would seem they must have employed scrutineers who were as competent with numbers as Paul Simpson.
Ok, but that's not really a red flag, is it?Dai Yongge had earlier failed in an attempt to buy recently relegated Premier League club Hull City over concerns, later allayed, that he did not control the funds he was intending to use to complete the purchase.
I still don't understand how the EFL are the big bad in this? They have a duty to the full set of 72 members to ensure the competition is fair. They don't have a magical crystal ball that allows them to see into the future.
All signings by all clubs have to be ratified by the governing bodies if we could prove that we were able to sustain the signings made at the time, what else can they do?
The EFL competition isn't fair to begin with. There are teams each season in the championship who are each given a huge amount of money every season by the Premier League giving them a bigger budget than anyone else in the championship and the other two EFL leagues. Therefore they have failed their attempts to make the competition "fair" at the first hurdle.
The scraps the other teams do get is financial blackmail from the Premier League, "Sign it or you don't get any money at all" leaving EFL clubs no choice but to sign up to the rules that the EFL impose.
by Snowflake Royal » 01 Mar 2024 19:43
Royal_jimmyPieEaterBlue Label Their fans are as deluded as the manager.
https://thebuzzisback.boards.net/thread ... -fc?page=5
They seem deperate for us to go into administration and get hit with another points deduction. They don't seem to get the point the EFL penalties are based on precedent, apart from the world first for HMRC late payment.
They're just a jealous tinpot club who are ignorant to the reality of our situation. When they don't realise that the EFL have their fair share of blame to accept for the mess we're in by allowing Dai to buy us despite all the red flags.
by Snowflake Royal » 01 Mar 2024 19:45
HendoRoyalBlueHendo
What were all the red flags when they allowed him to buy us?
That he liquidated 2 clubs after they approved his takeover? Or the fact the failed Hull takeover included a different consortium makeup?
https://www.sportspromedia.com/news/efl-clears-takeover-of-promotion-chasing-reading/
Regardless of the different consortium aspect, from what I understand, the EPL shared their concerns about Dai with the EFL. The EFL also approved Dai's ownership conditionally and said he would be subject to increased scrutiny. It would seem they must have employed scrutineers who were as competent with numbers as Paul Simpson.The EFL gave conditional approval for the deal in April but it has been reported that the Premier League, which gives input into the ownership status of teams who may compete in its competition, had been cautious about the deal due to aspects of the Dais' commercial history. Dai Yongge had earlier failed in an attempt to buy recently relegated Premier League club Hull City over concerns, later allayed, that he did not control the funds he was intending to use to complete the purchase. The Dais' takeover of Reading will remain subject to further oversight by the EFL.
The previous owners will retain a 25 per cent stake.
'The EFL can confirm that they have no objections to the change of control application made by Reading Football Club,' read an official statement issued by the EFL.
'Following a full review of the transaction, the EFL has insisted upon – and the club/new owners have agreed to – a number of additional reporting requirements including enhanced financial monitoring.
'This is so as to ensure that their performance is consistent with the application we have considered.
Ok, but that's not really a red flag, is it?Dai Yongge had earlier failed in an attempt to buy recently relegated Premier League club Hull City over concerns, later allayed, that he did not control the funds he was intending to use to complete the purchase.
I still don't understand how the EFL are the big bad in this? They have a duty to the full set of 72 members to ensure the competition is fair. They don't have a magical crystal ball that allows them to see into the future.
All signings by all clubs have to be ratified by the governing bodies if we could prove that we were able to sustain the signings made at the time, what else can they do?
by Royal_jimmy » 02 Mar 2024 12:49
Snowflake RoyalRoyal_jimmyPieEater
They seem deperate for us to go into administration and get hit with another points deduction. They don't seem to get the point the EFL penalties are based on precedent, apart from the world first for HMRC late payment.
They're just a jealous tinpot club who are ignorant to the reality of our situation. When they don't realise that the EFL have their fair share of blame to accept for the mess we're in by allowing Dai to buy us despite all the red flags.
Why are you always such an awful pcunt of an arrogant fan?
You support Reading not Utd or Chelsea ffs.
by Royal_jimmy » 02 Mar 2024 12:50
by Snowflake Royal » 02 Mar 2024 12:52
Royal_jimmySnowflake RoyalRoyal_jimmy
They're just a jealous tinpot club who are ignorant to the reality of our situation. When they don't realise that the EFL have their fair share of blame to accept for the mess we're in by allowing Dai to buy us despite all the red flags.
Why are you always such an awful pcunt of an arrogant fan?
You support Reading not Utd or Chelsea ffs.
Why are you such a left wing fan who touches kids?
by Royals and Racers » 02 Mar 2024 14:01
by NathStPaul » 02 Mar 2024 14:55
by Millsy » 02 Mar 2024 15:03
by Millsy » 02 Mar 2024 15:05
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