CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Stranded
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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 18 Mar 2024 10:59

Why are people so fixated on the distance between the Wycombe ground and Bearwood?

Football players do not live at the stadium. For a number of them, it may be an easier commute to get to Bearwood than their current training ground and on matchdays players tend to make their own way to the stadium for games.

The only real questions are a) can they afford it and b) can they even use it.

More I look at it - a) only because a 3rd party seems to be buying it for them to use and b) probably only if we are able to use it too - probably as primary tenant.

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Re: TAKEOVER *NOT* CONFIMRED

by MouldyRoyal » 18 Mar 2024 11:05

It's also a shorter commute than a lot of normal jobs' commutes

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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 18 Mar 2024 11:11

SouthDownsRoyal
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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 :?


I was going by this tweet, plus have radio on in the background while working. I could have misheard tbf.

https://twitter.com/jonathan_lara

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Re: TAKEOVER *NOT* CONFIMRED

by OLLIE KEARNS » 18 Mar 2024 11:42

Stranded Why are people so fixated on the distance between the Wycombe ground and Bearwood?

Football players do not live at the stadium. For a number of them, it may be an easier commute to get to Bearwood than their current training ground and on matchdays players tend to make their own way to the stadium for games.

The only real questions are a) can they afford it and b) can they even use it.

More I look at it - a) only because a 3rd party seems to be buying it for them to use and b) probably only if we are able to use it too - probably as primary tenant.


Some info from the Wycombe end FWIW. The price is £25m, it’s a new investor believed to be from the Middle East as opposed to the current owner, both clubs will train at Bearwood going forward. If that is correct then the deal does make sense in many ways in that Wycombe seem to be at a dead end with their own training ground and League 1 sides can’t afford £25m training facilities in isolation.
That still leaves lots of open questions but the crux of the deal at least has some logic to it.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 18 Mar 2024 11:44

Greatwesternline
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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.

Minimum cost for a Cat 1 academy when we set it up was about £1m a year. Most people quote about £3m - £5m a year these days.

So a sale of Tish at £3m would cover somewhere between half a year and 18 months on that basis.


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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 18 Mar 2024 11:46

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

I would say the goal should be, after player sales, no more than £1m - £2m max. Ideally fluctuating with break even and small profits.

Maybe add a million at Champ level.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 18 Mar 2024 11:49

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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:

But we know it pretty much was, right up until we stopped paying bills and he did a runner.

Saying Nathan Jones was a done deal would be more of an accuracy concern.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 18 Mar 2024 12:37

Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 18 Mar 2024 12:37

Can't make up my mind if that is good news or bad news....

Or if they are having to check if they can actually use it.
Last edited by Stranded on 18 Mar 2024 12:38, edited 1 time in total.


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Re: TAKEOVER *NOT* CONFIMRED

by Hendo » 18 Mar 2024 12:37

Stranded Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.


"Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds."


https://twitter.com/james_e1871/status/1769703563599454555

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 12:38

Stranded Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.

Just shows the competence of everyone involved. Didn't think to check the planning permission early on?

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 18 Mar 2024 12:38

OLLIE KEARNS
Stranded Why are people so fixated on the distance between the Wycombe ground and Bearwood?

Football players do not live at the stadium. For a number of them, it may be an easier commute to get to Bearwood than their current training ground and on matchdays players tend to make their own way to the stadium for games.

The only real questions are a) can they afford it and b) can they even use it.

More I look at it - a) only because a 3rd party seems to be buying it for them to use and b) probably only if we are able to use it too - probably as primary tenant.


Some info from the Wycombe end FWIW. The price is £25m, it’s a new investor believed to be from the Middle East as opposed to the current owner, both clubs will train at Bearwood going forward. If that is correct then the deal does make sense in many ways in that Wycombe seem to be at a dead end with their own training ground and League 1 sides can’t afford £25m training facilities in isolation.
That still leaves lots of open questions but the crux of the deal at least has some logic to it.


Is this published somewhere? Interesting if so and makes some sense. Would want us to get at least a three year commitment to stay there

Not sure I’d be convinced if I was a Wycombe fan that we won’t own it again solely at some point in the mid term future

I guess we lose the control of it, some of the space but also the ongoing costs. Would expect the new owner to do his/her best to monetise it in other ways - international teams and even some more local commercial use. Sounds ok

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 18 Mar 2024 12:39

Stranded Can't make up my mind if that is good news or bad news....

Or if they are having to check if they can actually use it.

Who knows what it means for today's meetings. But taking a bigger picture view, it reinforces to Dai and Pang that our real estate is only worth something when sold with the club.


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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 18 Mar 2024 12:39

Hendo
Stranded Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.


"Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds."


https://twitter.com/james_e1871/status/1769703563599454555


Oh

Well guess that’s very bad if the sale depended on us selling the training ground first.

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 18 Mar 2024 12:40

WestYorksRoyal
Stranded Can't make up my mind if that is good news or bad news....

Or if they are having to check if they can actually use it.

Who knows what it means for today's meetings. But taking a bigger picture view, it reinforces to Dai and Pang that our real estate is only worth something when sold with the club.


Yes. Anyone competent might have investigated this first. Another pathetic chapter in the story of those two clowns

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Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 18 Mar 2024 12:41

Wycombe look to be getting cold feet, they`ve put the Bearwood agreement on hold.

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Re: TAKEOVER *NOT* CONFIMRED

by genome » 18 Mar 2024 12:41

Posh are down to 10 men.

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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 18 Mar 2024 12:43

Stranded Can't make up my mind if that is good news or bad news....

Or if they are having to check if they can actually use it.


I am expecting this to scupper the sale, but really hope that’s not the case.

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Re: TAKEOVER *NOT* CONFIMRED

by Silver Fox » 18 Mar 2024 12:43

Hound
WestYorksRoyal
Stranded Can't make up my mind if that is good news or bad news....

Or if they are having to check if they can actually use it.

Who knows what it means for today's meetings. But taking a bigger picture view, it reinforces to Dai and Pang that our real estate is only worth something when sold with the club.


Yes. Anyone competent might have investigated this first. Another pathetic chapter in the story of those two clowns


Not sure it's Dai and Pang who've cocked this one up tbf, as much as people want to blame them for everyting

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 18 Mar 2024 12:44

Hendo
Stranded Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.


"Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds."


https://twitter.com/james_e1871/status/1769703563599454555

Be (morbidly) funny if the planning permission for Bearwood, presumably got under Dai's ownership scuppered the deal, which in turn scuppered tge club being bought and our survival.

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