CONFRIMED: Latest rumours Confrimed as Unconfrimed

6852 posts
blythspartan
Hob Nob Regular
Posts: 2483
Joined: 05 Jun 2012 20:50

Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 18 Mar 2024 09:40

SJM says the sale is very close and buyers with deep pockets.

Mid Sussex Royal
Hob Nob Regular
Posts: 3768
Joined: 02 Nov 2008 17:56

Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 18 Mar 2024 09:43

blythspartan SJM says the sale is very close and buyers with deep pockets.


Yep on BBC Berks this morning. Reassuring, and if someone rational was selling I'd say we were probably there.

WestYorksRoyal
Hob Nob Addict
Posts: 6525
Joined: 15 Apr 2019 19:16

Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 09:58

Sounds like Bearwood may still be on the table with the buyer despite exclusivity with Wycombe.

And that's why we not get excited until everything is done. That's how much exclusivity means to Dai.

User avatar
From Despair To Where?
Hob Nob Legend
Posts: 25179
Joined: 19 Apr 2004 08:37
Location: See me in m'pants and ting

Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 18 Mar 2024 09:58

More concerned about a sustainable business plan than deep pockets, if I'm honest.

Greatwesternline
Hob Nob Addict
Posts: 6810
Joined: 09 Apr 2008 14:36

Re: TAKEOVER *NOT* CONFIMRED

by Greatwesternline » 18 Mar 2024 09:59

Snowflake Royal
WestYorksRoyal
Greatwesternline
Totally agree. The trick is to get promoted back to the Championship though and jobs a good'un!

But then your entire strategy relies upon promotion. Sustainable? You can build a good team, but it can all be ruined by any number of external factors. Ref howler in a big game. ACL injury to key player. Manager poached mid season. The width of a post.

If people want a sustainable club, that means a better plan than simply writing off losses if we stay down.

Any strategy has to be based around getting promoted out of L1.

GWL's figures are typically off, but we should be able to downgrade the Academy a level or two until we get back to the Champ, hopefully withing 3 years, and still make sales to help fund us from the residual talent like Bindon, Azeez, etc.

And in L1 those players left over have a better pathway to first team football and success, with room to grow into Champ players with us.

Should we miraculously survive. The Academy has brought in over £10m in the last 6/7 years. But it could have done significantly more.


Just out of curiosity how much do you think the Cat 1 academy costs to run per year, including depreciation, and how much do you think Reading got for Tshibola, would be nice to know which figure you think is off, with workings please.


WestYorksRoyal
Hob Nob Addict
Posts: 6525
Joined: 15 Apr 2019 19:16

Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 10:00

Greatwesternline
Snowflake Royal
WestYorksRoyal But then your entire strategy relies upon promotion. Sustainable? You can build a good team, but it can all be ruined by any number of external factors. Ref howler in a big game. ACL injury to key player. Manager poached mid season. The width of a post.

If people want a sustainable club, that means a better plan than simply writing off losses if we stay down.

Any strategy has to be based around getting promoted out of L1.

GWL's figures are typically off, but we should be able to downgrade the Academy a level or two until we get back to the Champ, hopefully withing 3 years, and still make sales to help fund us from the residual talent like Bindon, Azeez, etc.

And in L1 those players left over have a better pathway to first team football and success, with room to grow into Champ players with us.

Should we miraculously survive. The Academy has brought in over £10m in the last 6/7 years. But it could have done significantly more.


Just out of curiosity how much do you think the Cat 1 academy costs to run per year, including depreciation, and how much do you think Reading got for Tshibola, would be nice to know which figure you think is off, with workings please.

Don't include depreciation. It relates to cash that went out the door years ago and has nothing to do with sustainability looking forwards. Plus, it's excluded from FFP.

User avatar
Uke
Hob Nob Legend
Posts: 23389
Joined: 17 Apr 2004 16:24
Location: Слава Україні! Героям слава! @UkeRFC

Re: TAKEOVER *NOT* CONFIMRED

by Uke » 18 Mar 2024 10:06

windermereROYAL Glen Little just confirmed on the radio that Mark Bircham from sports.com is interested in buying the club..he spoke to him Saturday at the game.
Also said the Bearwood issue put a spanner in the works.


Talking about deal details could also put a spanner in the works Glenn!

Was the presence or absence of Bearwood the issue though?

User avatar
Wycombe Royal
Hob Nob Addict
Posts: 6682
Joined: 14 Apr 2004 19:31
Location: Churchdown, Glos

Re: TAKEOVER *NOT* CONFIMRED

by Wycombe Royal » 18 Mar 2024 10:19

Uke
windermereROYAL Glen Little just confirmed on the radio that Mark Bircham from sports.com is interested in buying the club..he spoke to him Saturday at the game.
Also said the Bearwood issue put a spanner in the works.


Talking about deal details could also put a spanner in the works Glenn!

Was the presence or absence of Bearwood the issue though?

My guess would would the planning issues meaning that Wycombe may not be able to use it. It has probably dawned on Dai that if the training ground isn't sold with the club he may be left with a training ground that the club don't want and no-one else can use it.

The council have informed both RFC and WWFC of the planning issue and they have also said it is unlikely, but not impossible, that WWFC would be given permission.

If I was Dai I would be pulling out of the deal with Wycombe and insisting the training ground is sold with the club. However it lessens hs bargaining position to get a decent price for it.

Linden Jones' Tash
Member
Posts: 572
Joined: 20 Jun 2009 12:03
Location: north of the river...

Re: TAKEOVER *NOT* CONFIMRED

by Linden Jones' Tash » 18 Mar 2024 10:22

in this 'sustainable' model, what level of annual losses in L1 are we expecting a prospective new owner to carry?


WestYorksRoyal
Hob Nob Addict
Posts: 6525
Joined: 15 Apr 2019 19:16

Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 10:25

Eddie, a reliable ITK, reporting that a meeting is happening at the SCL today. Any photographers spying? A return of bush watch?

windermereROYAL
Hob Nob Addict
Posts: 8502
Joined: 19 Feb 2008 11:18

Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 18 Mar 2024 10:29

Uke
windermereROYAL Glen Little just confirmed on the radio that Mark Bircham from sports.com is interested in buying the club..he spoke to him Saturday at the game.
Also said the Bearwood issue put a spanner in the works.


Talking about deal details could also put a spanner in the works Glenn!

Was the presence or absence of Bearwood the issue though?


Wasn`t specified.

User avatar
From Despair To Where?
Hob Nob Legend
Posts: 25179
Joined: 19 Apr 2004 08:37
Location: See me in m'pants and ting

Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 18 Mar 2024 10:32

Former Canadian international Marc Bircham, fronting a joint US/Saudi bid?

Allahu Akbar indeed.
Last edited by From Despair To Where? on 18 Mar 2024 10:36, edited 3 times in total.

windermereROYAL
Hob Nob Addict
Posts: 8502
Joined: 19 Feb 2008 11:18

Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 18 Mar 2024 10:33

blythspartan SJM says the sale is very close and buyers with deep pockets.


He didn`t say that, at one point he said to dim that he knew about has much as him.

He said he was aware of 3 possible interested party`s and hoped a deal could be completed soon.


WestYorksRoyal
Hob Nob Addict
Posts: 6525
Joined: 15 Apr 2019 19:16

Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 10:34

windermereROYAL
blythspartan SJM says the sale is very close and buyers with deep pockets.


He didn`t say that, at one point he said to dim that he knew about has much as him.

He said he was aware of 3 possible interested party`s and hoped a deal could be completed soon.

Besides, our current owner had very deep pockets.

Stranded
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 20412
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 18 Mar 2024 10:38

WestYorksRoyal
windermereROYAL
blythspartan SJM says the sale is very close and buyers with deep pockets.


He didn`t say that, at one point he said to dim that he knew about has much as him.

He said he was aware of 3 possible interested party`s and hoped a deal could be completed soon.

Besides, our current owner had very deep pockets.


But shrinking arms.

Sutekh
Hob Nob Legend
Posts: 21066
Joined: 12 Feb 2014 14:05
Location: Undiscovered pyramid somewhere in Egypt

Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 18 Mar 2024 10:39

WestYorksRoyal Eddie, a reliable ITK, reporting that a meeting is happening at the SCL today. Any photographers spying? A return of bush watch?


Presume this meeting may primarily be to discuss the possibility of a bridging loan...

Not expecting anything in the public domain until end of week at the earliest, so before that, just the continuing rumours from twatter accounts of people supposedly making out they're in the know....

User avatar
SouthDownsRoyal
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 11523
Joined: 08 Dec 2005 12:48

Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 18 Mar 2024 10:42

Sutekh
WestYorksRoyal Eddie, a reliable ITK, reporting that a meeting is happening at the SCL today. Any photographers spying? A return of bush watch?


Presume this meeting may primarily be to discuss the possibility of a bridging loan...

Not expecting anything in the public domain until end of week at the earliest, so before that, just the continuing rumours from twatter accounts of people supposedly making out they're in the know....


I liked on one of these X accounts who people seem to be swooning over pretending to be in the know, someone dug out a tweet from same account saying wilder was a done deal and announcement any time now :lol:

Sutekh
Hob Nob Legend
Posts: 21066
Joined: 12 Feb 2014 14:05
Location: Undiscovered pyramid somewhere in Egypt

Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 18 Mar 2024 10:47

karbota
windermereROYAL Glen Little just confirmed on the radio that Mark Bircham from sports.com is interested in buying the club..he spoke to him Saturday at the game.
Also said the Bearwood issue put a spanner in the works.


Marc Bircham the former English footballer? great news.


Yes ex-Millwall and QPR, his brother is Lee Bircham, who I think is currently manager at Bedford Town.

As regards the Bearwood sale (which is still being negotiated) really not sure what on earth the point is (or why) of Wycombe buying it as they can't afford it any more than Reading and it's a 50 mile round trip every time they want to go training - would have thought it'd make more sense for them to use Bisham!

Therefore can only presume that their owner sees it as a personal investment and may try hiring it out to other clubs/England etc. to use as I imagine he will have the devil's own job selling bits of it off for property development. Really hoping that the club will somehow manage to retain it but, at the end of the day, if it's the price we have to pay to get rid of the current owner then so be it!

User avatar
SouthDownsRoyal
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 11523
Joined: 08 Dec 2005 12:48

Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 18 Mar 2024 10:55

karbota
windermereROYAL Glen Little just confirmed on the radio that Mark Bircham from sports.com is interested in buying the club..he spoke to him Saturday at the game.
Also said the Bearwood issue put a spanner in the works.


Marc Bircham the former English footballer? great news.



User avatar
SouthDownsRoyal
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 11523
Joined: 08 Dec 2005 12:48

Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 18 Mar 2024 10:56

windermereROYAL
blythspartan SJM says the sale is very close and buyers with deep pockets.


He didn`t say that, at one point he said to dim that he knew about has much as him.

He said he was aware of 3 possible interested party`s and hoped a deal could be completed soon.


Can’t both be right :?

6852 posts

Who is online

Users browsing this forum: Google Adsense [Bot] and 145 guests

It is currently 17 Feb 2025 23:51