CONFRIMED: Latest rumours Confrimed as Unconfrimed

[Forbury Lion]

Won't somebody please think of the footballers!

If you put it into context

If one of us earns more than a nurse we are likely to live a more expensive lifestyle than a nurse - have a bigger mortgage, have more kids, have a more expensive car on lease, that sort of thing.

Maybe if you expect to earn that your whole life. If you only expect to earn it for a limited number of years you will only have a more expensive lifestyle if you’re stupid and lack foresight and self control.

I imagine footballers who are sensible will match their mortgage term to the expected length of their relatively short careers or maybe even the term of their contract if they are ultra cautious, with insurance in place for loss of earnings due to injury/death, However there is no insurance for your employer being a pcunt and not paying you on time, You might have direct debits going out with no cash in the wages account, it may affect your credit score, You may have to make cut backs on other things affecting your lifestyle to ensure there is a bigger buffer, plus if they are the main earner in their family they may take on the costs of medical costs and care costs for elderly relatives, some even support charities financially, It's uncommon for footballers (or anyone) who reaches a certain level of financial income to buy their parents home and things like that, They don't all waste it on Ferrari's, bling and gambling. It's basically admin work they shouldn't have to be worrying about,

Their agents are on commission, Be interesting to hear if they are affected as a knock on of late wages. If so they might be pushing the players to move elsewhere

[East Grinstead Royal]

Forbes, do you mean, “It’s not uncommon…”

[Greatwesternline]

Thing i dont understand about the failed Bearwood sale takes on here is, the planning permission said it was for the personal use of RFC.

Ok, so all you have to do if you want to buy the training ground is ask the owner of the training ground to apply for a variation of that planning permission to say:

For the uses of RFC and Wycombe Wanderers.

Then crack on with the sale.

Varying the planning permission isn't going to be a massive hurdle, the Reading Chronicle article on it literally quotes a WBC councillor saying, we would have approved it, we wouldn't have a reason for planning purposes to reject it.

I think the sale fell through more because of the wider reaction to the move personally.

[Stranded]

Thing i dont understand about the failed Bearwood sale takes on here is, the planning permission said it was for the personal use of RFC.

Ok, so all you have to do if you want to buy the training ground is ask the owner of the training ground to apply for a variation of that planning permission to say:

For the uses of RFC and Wycombe Wanderers.

Then crack on with the sale.

Varying the planning permission isn't going to be a massive hurdle, the Reading Chronicle article on it literally quotes a WBC councillor saying, we would have approved it, we wouldn't have a reason for planning purposes to reject it.

I think the sale fell through more because of the wider reaction to the move personally.

Which if true, also doesn't say much for the parties involved as the reaction was the obvious one.

I think the truth is likely, the deal had been moving forward "in private" since November - it is very likely one of the reasons, if not the sole reason, the deal with Generva fell through then - Dai removed BW from the sale as he realised he could get more for it.

The plan was then to complete the deal and the first anyone would hear about it was either when it was done or it came before the planning committee - knowing that any backlash would be too late as the deal was complete. Then someone either involved in the deal or close enough to know it was happened, leaked the details to the Athletic. This caught both parties off guard, hence the rushed statements from the clubs etc

At which point, if the planning issues were not considered clear cut then the WW owners got cold feet about throwing money at the club for a training ground their club may not be able to use for weeks/months (poss not for pre-season at least) and backed away.

The plan was definitely for no-one to know about it until it was done.

[From Despair To Where?]

Isn't the Georgian bloke who was supposedly funding the purchase the prospective new owner of Wycombe? His purchase of them has been dragging on.

Wouldn't surprise me if there are complications with him passing the director's test.

[WestYorksRoyal]

Isn't the Georgian bloke who was supposedly funding the purchase the prospective new owner of Wycombe? His purchase of them has been dragging on.

Wouldn't surprise me if there are complications with him passing the director's test.

Not relevant for acquiring a training ground.

I agree the Athletic article caught everyone off guard and the fan reaction had an impact. The planning issues could have been overcome, especially if we shared the facility.

[From Despair To Where?]

I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

[Stranded]

I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

By not paying for it?

The current owners or this Georgian bloke would buy it and own it via a separate entity - Wycombe would then have got use of the facility at zero or very low rent - likely backed up by a very long term contract. Running costs likely would have been met by the entity that owned it.

[From Despair To Where?]

What's in it for him, though. As a gateway into club ownership at Wycombe maybe but I don't really see how it makes any financial sense with the planning limitations in place.

[6ft Kerplunk]

What's in it for him, though.

You could say that for anyone buying anything to do with a lower league football team. Maybe he's totally delusional and sees it as a good investment to be able to entice better players to Wycombe as he leads them on a march to the Premier League where he'll keep them for decades and decades.

[genome]

Right, I've been away for a few days and haven't been following anything to do with Reading.

Can someone summarise the current st8 of affairs for me please?

[WestYorksRoyal]

Right, I've been away for a few days and haven't been following anything to do with Reading.

Can someone summarise the current st8 of affairs for me please?

We were meant to be announcing exclusivity last week then it all went quiet and nothing happened. A few articles suggest it will be this week but the silence continues.

No reputable rumours that Dai is fcuking everything up - to the contrary, James Earnshaw and John Percy suggesting things are still moving. But we've all been here before and are fearing the worst.

[Snowflake Royal]

Right, I've been away for a few days and haven't been following anything to do with Reading.

Can someone summarise the current st8 of affairs for me please?

Nothing has changed.

No exclusivity deal.
Same positive noises with zero back up.
Same worry we're slipping into oblivion
Same complete inability to trust Dai will fund the club or sell the club.
Training ground sale on hold.
Should find out today or tomorrow if we've paid HMRC this time.
Then either end of this week or early next to find out if we've paid the players and staff.

[genome]

Thanks both!

No news is good news. Or bad news.

[Snowflake Royal]

Thanks both!

No news is good news. Or bad news.

Definitely bad news.

The clock is ticking.

I think we've got about 5 weeks left for exclusivity to be signed before it's too late to save us and so pointless.

[Winston Biscuit]

Right, I've been away for a few days and haven't been following anything to do with Reading.

Can someone summarise the current st8 of affairs for me please?

Some self-proclaimed ITK people said something was going to happen, which then didn't happen.

Folk on here are now waiting for the next thing the self-proclaimed ITK people are going to say will happen, so we can all get excited about it

[Sutekh]

Right, I've been away for a few days and haven't been following anything to do with Reading.

Can someone summarise the current st8 of affairs for me please?

Some self-proclaimed ITK people said something was going to happen, which then didn't happen.

Folk on here are now waiting for the next thing the self-proclaimed ITK people are going to say will happen, so we can all get excited about it

Perhaps if we don't all get excited about the next one they say will happen it might actually happen

[TommyF]

I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it

[From Despair To Where?]

I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it

Not even talking about FFP, whether it's owned by the club or a benefactor, I don't see the logic behind buying a £24m state of the art training facility for a club that averages less than 6,000 in attendances. Someone is going to have to maintain the shortfall which is why I think they had one eye on alternative uses and revenue streams which have been scuppered by the planning limitations.

[Green]

I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it

Not even talking about FFP, whether it's owned by the club or a benefactor, I don't see the logic behind buying a £24m state of the art training facility for a club that averages less than 6,000 in attendances. Someone is going to have to maintain the shortfall which is why I think they had one eye on alternative uses and revenue streams which have been scuppered by the planning limitations.

You make a reasonable argument but it's just speculation isn't it. Who knows what went on there.

Maybe we all will one day.