CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Re: TAKEOVER *NOT* CONFIMRED

by Biscuit goalie » 10 Apr 2024 12:28

My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment). Americans are not keen on failure, so investment in a club with good transport links (close to London) would be the way to go. Steady the ship at first and then shrewd investment to move us up is the right way to go (not overspend on hopeless players).

As long a the current owner doesn't pull out of the deal, we should be ok for the future. :D

Feel free to shoot me down :lol: :lol:

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 10 Apr 2024 12:34

Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment). Americans are not keen on failure, so investment in a club with good transport links (close to London) would be the way to go. Steady the ship at first and then shrewd investment to move us up is the right way to go (not overspend on hopeless players).

As long a the current owner doesn't pull out of the deal, we should be ok for the future. :D

Feel free to shoot me down :lol: :lol:

It shouldn't be too impossible to take us from bottom of L1 to top half Championship, competing for outside PL promotion in a 5-6 year timeframe and then sell for a profit there. They could conceivably double their purchase price, less ongoing costs.

And if they fund each season through growing attendance and sponsorship, cup money and a big player sale or two via shrewd signings on the up and the Academy, its doable for minimal season to season investment.

Actually achieving that is hard, of course.

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Re: TAKEOVER *NOT* CONFIMRED

by rabidbee » 10 Apr 2024 12:37

Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?

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Re: TAKEOVER *NOT* CONFIMRED

by MIM Royal » 10 Apr 2024 12:39

The US investors will always want to make money, and that means aiming for the top league. Interesting to listen to the US Bournemouth owner last night on his plans, and the Birmingham City expansion plans. We already have the stadium, but needs more use. Buy the land around the ground from the Thais, buy Smallmead, develop a retail park and let this then fund the investment in the football future. Its a big bet, but doable, as once in the Premier League you have to make money, and the investors get their payback.

Easy to write down, but needs cojones.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 10 Apr 2024 13:19

MIM Royal The US investors will always want to make money, and that means aiming for the top league. Interesting to listen to the US Bournemouth owner last night on his plans, and the Birmingham City expansion plans. We already have the stadium, but needs more use. Buy the land around the ground from the Thais, buy Smallmead, develop a retail park and let this then fund the investment in the football future. Its a big bet, but doable, as once in the Premier League you have to make money, and the investors get their payback.

Easy to write down, but needs cojones.

I think what we'll see from US influence is turning the matchdays into money making machines. I've been to some US sports games like baseball and NHL, and modern stadiums are designed for you to spend time and money in, with vendors competing for prime spots. Spurs' new stadium is similar, and they have pre match and post match entertainment there. Forget your pub routine; spend all your time and money at the ground. Especially as all the pubs nearby Spurs are dives.

In the context of Reading, buying the land back off the Thais and doing the REP development would be the obvious way to do this.


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Re: TAKEOVER *NOT* CONFIMRED

by Crusader Royal » 10 Apr 2024 14:08

WestYorksRoyal
MIM Royal The US investors will always want to make money, and that means aiming for the top league. Interesting to listen to the US Bournemouth owner last night on his plans, and the Birmingham City expansion plans. We already have the stadium, but needs more use. Buy the land around the ground from the Thais, buy Smallmead, develop a retail park and let this then fund the investment in the football future. Its a big bet, but doable, as once in the Premier League you have to make money, and the investors get their payback.

Easy to write down, but needs cojones.

I think what we'll see from US influence is turning the matchdays into money making machines. I've been to some US sports games like baseball and NHL, and modern stadiums are designed for you to spend time and money in, with vendors competing for prime spots. Spurs' new stadium is similar, and they have pre match and post match entertainment there. Forget your pub routine; spend all your time and money at the ground. Especially as all the pubs nearby Spurs are dives.

In the context of Reading, buying the land back off the Thais and doing the REP development would be the obvious way to do this.


Wouldn’t they need to get out of the Compass contract to that ? We were heading in exactly that direction with Blue Collar but Compass pointed to their contract and killed it. I can’t see how it’s a money maker for them and after all these years a change of catering is well over due….

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Re: TAKEOVER *NOT* CONFIMRED

by RG30 » 10 Apr 2024 15:15

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WestYorksRoyal
MIM Royal The US investors will always want to make money, and that means aiming for the top league. Interesting to listen to the US Bournemouth owner last night on his plans, and the Birmingham City expansion plans. We already have the stadium, but needs more use. Buy the land around the ground from the Thais, buy Smallmead, develop a retail park and let this then fund the investment in the football future. Its a big bet, but doable, as once in the Premier League you have to make money, and the investors get their payback.

Easy to write down, but needs cojones.

I think what we'll see from US influence is turning the matchdays into money making machines. I've been to some US sports games like baseball and NHL, and modern stadiums are designed for you to spend time and money in, with vendors competing for prime spots. Spurs' new stadium is similar, and they have pre match and post match entertainment there. Forget your pub routine; spend all your time and money at the ground. Especially as all the pubs nearby Spurs are dives.

In the context of Reading, buying the land back off the Thais and doing the REP development would be the obvious way to do this.


Wouldn’t they need to get out of the Compass contract to that ? We were heading in exactly that direction with Blue Collar but Compass pointed to their contract and killed it. I can’t see how it’s a money maker for them and after all these years a change of catering is well over due….


Last I heard Compass are gone this summer and aren't coming back.

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Re: TAKEOVER *NOT* CONFIMRED

by Crusader Royal » 10 Apr 2024 15:34

RG30
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WestYorksRoyal I think what we'll see from US influence is turning the matchdays into money making machines. I've been to some US sports games like baseball and NHL, and modern stadiums are designed for you to spend time and money in, with vendors competing for prime spots. Spurs' new stadium is similar, and they have pre match and post match entertainment there. Forget your pub routine; spend all your time and money at the ground. Especially as all the pubs nearby Spurs are dives.

In the context of Reading, buying the land back off the Thais and doing the REP development would be the obvious way to do this.


Wouldn’t they need to get out of the Compass contract to that ? We were heading in exactly that direction with Blue Collar but Compass pointed to their contract and killed it. I can’t see how it’s a money maker for them and after all these years a change of catering is well over due….


Last I heard Compass are gone this summer and aren't coming back.


I’m almost prepared to pay for a big flag to wish them and their substandard over priced food farewell !
Let’s hope the club show a bit of imagination with a new offering.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 11 Apr 2024 16:35

Now safety in L1 is pretty much guaranteed, I wonder how quickly the takeover will move. The expectation of EFL checks was 3 - 4 weeks (I think they mentioned this to STAR) and we're about 2 weeks in. What else is likely to be a deal breaker? I always thought the biggest threat on the buyers side was the risk of relegation. There is always the "Dai is a cnut" on the selling side, but the charge over Bearwood hopefully mitigates that - he has given away leverage.

The stadium's community asset status could potentially cause a hold up between exchanging and completion, but if we get that far it's basically done. Plus it's owned by a separate entity so wouldn't need to hold up sale of the club itself.


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Re: TAKEOVER *NOT* CONFIMRED

by mikey_1871 » 11 Apr 2024 16:51

WestYorksRoyal Now safety in L1 is pretty much guaranteed, I wonder how quickly the takeover will move. The expectation of EFL checks was 3 - 4 weeks (I think they mentioned this to STAR) and we're about 2 weeks in. What else is likely to be a deal breaker? I always thought the biggest threat on the buyers side was the risk of relegation. There is always the "Dai is a cnut" on the selling side, but the charge over Bearwood hopefully mitigates that - he has given away leverage.

The stadium's community asset status could potentially cause a hold up between exchanging and completion, but if we get that far it's basically done. Plus it's owned by a separate entity so wouldn't need to hold up sale of the club itself.


Wouldn't have thought the community asset status would affect anything. Presuming the new owner's intention is for the football club to play at the stadium (we assume this is the case!) then there is no need for this to be varied and the status runs with the asset, not the owner.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 11 Apr 2024 16:55

mikey_1871
WestYorksRoyal Now safety in L1 is pretty much guaranteed, I wonder how quickly the takeover will move. The expectation of EFL checks was 3 - 4 weeks (I think they mentioned this to STAR) and we're about 2 weeks in. What else is likely to be a deal breaker? I always thought the biggest threat on the buyers side was the risk of relegation. There is always the "Dai is a cnut" on the selling side, but the charge over Bearwood hopefully mitigates that - he has given away leverage.

The stadium's community asset status could potentially cause a hold up between exchanging and completion, but if we get that far it's basically done. Plus it's owned by a separate entity so wouldn't need to hold up sale of the club itself.


Wouldn't have thought the community asset status would affect anything. Presuming the new owner's intention is for the football club to play at the stadium (we assume this is the case!) then there is no need for this to be varied and the status runs with the asset, not the owner.

The statement says there is a 6 week notification period if Dai ever wants to sell it, unless the sale qualifies for an "exemption". Nothing on RBC's website specifies what an "exemption" is, but another council has a list. It includes things like gifting the asset, a sale if Dai dies etc., but the most relevant is a sale of land on which a business is carried on alongside the sale of said business.

Assuming the same exemption exists in Reading, you're right that the protection won't slow things at all.

So that takes us back to just EFL checks or one of the parties changing their mind.

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Re: TAKEOVER *NOT* CONFIMRED

by Armadillo Roadkill » 11 Apr 2024 18:22

The parties will need to go in depth into expensive legal and financial analysis, that then gets reviewed, amendements proposed and negotiated, projections and models created etc. etc. Most of this I assume will not have been done before exclusivity because lawyers and accountants cost a lot of money.

God knows it can take two months to get a simple change to a basic business process to signed off, let alone buying a football

I think it's probably right that the EFL checks are a formality, as Howe said only those who would fly through would be taken seriously, and I tend to trust him.

Safety in League 1 can only help, but don't read too much into there being no news. We will, I'm afraid, have to be patient.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 11 Apr 2024 18:25

Armadillo Roadkill The parties will need to go in depth into expensive legal and financial analysis, that then gets reviewed, amendements proposed and negotiated, projections and models created etc. etc. Most of this I assume will not have been done before exclusivity because lawyers and accountants cost a lot of money.

God knows it can take two months to get a simple change to a basic business process to signed off, let alone buying a football

I think it's probably right that the EFL checks are a formality, as Howe said only those who would fly through would be taken seriously, and I tend to trust him.

Safety in League 1 can only help, but don't read too much into there being no news. We will, I'm afraid, have to be patient.

Unlike prior to exclusivity, we're now in a period where no news is good news. Because the only news there could be right now is bad.

Give it another 2-3 weeks before news could be anything but bad imo


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Re: TAKEOVER *NOT* CONFIMRED

by Lower West » 11 Apr 2024 20:39

rabidbee
Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?


Not Welsh teams. Wrexham has a large catchment area.

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Re: TAKEOVER *NOT* CONFIMRED

by rabidbee » 11 Apr 2024 21:13

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Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?


Not Welsh teams. Wrexham has a large catchment area.

Sorry, I thought you were suggesting people in Liverpool or Manchester could use those good transport links to watch Wrexham because they can’t afford PL games.

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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 11 Apr 2024 22:52

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rabidbee
Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?


Not Welsh teams. Wrexham has a large catchment area.

Wrexham itself is a small town though, and there isn't that large a population who don't have loyalties to bigger clubs.

Wrexham's highest average ever is 11600, and their crowds do seem to drop like a stone when the glory days tail off.

I would expect them to do challenge in League One next year, but buying their way out of the Championship will be much harder. Will the bandwagon jumpers stick around if they are mid-table? Will interest from TV viewers stay high without there being any drama?

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 12 Apr 2024 08:19

Nothing new but a general summary of things currently:

https://footballleagueworld.co.uk/readi ... -at-owner/

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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 12 Apr 2024 08:42

tmesis
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rabidbee But why wouldn't you just go to Stockport or Tranmere?


Not Welsh teams. Wrexham has a large catchment area.

Wrexham itself is a small town though, and there isn't that large a population who don't have loyalties to bigger clubs.

Wrexham's highest average ever is 11600, and their crowds do seem to drop like a stone when the glory days tail off.

I would expect them to do challenge in League One next year, but buying their way out of the Championship will be much harder. Will the bandwagon jumpers stick around if they are mid-table? Will interest from TV viewers stay high without there being any drama?


The problem Wrexham will have at Championship level is that their success so far has been built on having the core of the squad playing (and being paid) at a level 1 or 2 steps below their ability. They will not get away with that in the Championship.
Last edited by From Despair To Where? on 12 Apr 2024 08:58, edited 1 time in total.

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Re: TAKEOVER *NOT* CONFIMRED

by under the tin » 12 Apr 2024 08:49

rabidbee
Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?


This is something that's close to my heart.
It must be so, so tempting just to follow the "big boys" in urban areas like Greater Manchester. I have a lot of time for folk who actually choose to forego the United's, City's and follow the Stockport's, Orient's, Tranmere's, Port Vale's, Rochdale's of this world. One of my customers, a very old boy in Lower Earley still regularly travels up to watch his lifelong love, Oldham Athletic.
I feel that people like that are my brethren, as in the early 1970's this nobber used to photograph and note down the numbers of locomotives at Reading General, and on a Saturday morning those days, platform 5 was always very well populated with those spending a mere 25 minutes or so on a train for the choice of Arsenal, Chelsea, Spurs, et al. That same Saturday afternoon, I was in the town end at EP, with another 4000 die hards.

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Re: TAKEOVER *NOT* CONFIMRED

by bcubed » 12 Apr 2024 08:54

under the tin
rabidbee
Biscuit goalie My tuppence worth! I think that the Americans (as in Wrexham) are attempting to draw locals back to the game, Wrexham has good transport links to both Liverpool and Manchester. How often can they get tickets to see the big clubs and the cost associated with this, invest in a small club with big ambitions and as you can see it seems to be working (second in league 2 at the moment).
But why wouldn't you just go to Stockport or Tranmere?


This is something that's close to my heart.
It must be so, so tempting just to follow the "big boys" in urban areas like Greater Manchester. I have a lot of time for folk who actually choose to forego the United's, City's and follow the Stockport's, Orient's, Tranmere's, Port Vale's, Rochdale's of this world. One of my customers, a very old boy in Lower Earley still regularly travels up to watch his lifelong love, Oldham Athletic.
I feel that people like that are my brethren, as in the early 1970's this nobber used to photograph and note down the numbers of locomotives at Reading General, and on a Saturday morning those days, platform 5 was always very well populated with those spending a mere 25 minutes or so on a train for the choice of Arsenal, Chelsea, Spurs, et al. That same Saturday afternoon, I was in the town end at EP, with another 4000 die hards.


I wonder if anybody trainspots these days

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