CONFRIMED: Takeover collapsed; Back to square one

[Snowflake Royal]

I mean, it makes no sense in perpetuity anyway.

And it’s not like a pandemic and relegation both combined with a shit owner everyone hates who should soon be gone isn't pretty good mitigation on both occasions.

Which still assumes there will be a second time where we fail on inspection in the first place.

[Crusader Royal]

I mean, it makes no sense in perpetuity anyway.

And it’s not like a pandemic and relegation both combined with a shit owner everyone hates who should soon be gone isn't pretty good mitigation on both occasions.

Which still assumes there will be a second time where we fail on inspection in the first place.

Ok, so you weren’t actually replying to me.
My apologies.
It’s always a bit confusing when someone replies to a post but it’s unclear whether they are agreeing with it or disagreeing !

[SouthDownsRoyal]

What’s happening with this take over then?

Season starts in less than three weeks

[Snowflake Royal]

What’s happening with this take over then?

Season starts in less than three weeks

Have you tried reading any of the last couple of pages, it might help a wee bit.

[SouthDownsRoyal]

What’s happening with this take over then?

Season starts in less than three weeks

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

[Franchise FC]

What’s happening with this take over then?

Season starts in less than three weeks

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

Which particular Nobber do we think is ITK enough and willing to compromise that insight by updating us on here ?

[blythspartan]

What’s happening with this take over then?

Season starts in less than three weeks

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

The only thing I have read recently that gives me a bit more hope is this article in the Chronicle. STAR have not said much about their meetings with NH for a while now, so maybe they know more about what’s happening than they have been letting on. Well that’s what I am hoping.

https://www.readingchronicle.co.uk/spor ... -takeover/

[SouthDownsRoyal]

hoping for progress this week

Well, quite.

[Snowflake Royal]

What’s happening with this take over then?

Season starts in less than three weeks

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

Then you know there isn't anything new to find out, don't you.

[SouthDownsRoyal]

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

Then you know there isn't anything new to find out, don't you.

Looks like it, but I’m sure we will have news next week

[From Despair To Where?]

Have you tried reading any of the last couple of pages, it might help a wee bit.

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

The only thing I have read recently that gives me a bit more hope is this article in the Chronicle. STAR have not said much about their meetings with NH for a while now, so maybe they know more about what’s happening than they have been letting on. Well that’s what I am hoping.

https://www.readingchronicle.co.uk/spor ... -takeover/

When does Howe start his suspension?

[windermereROYAL]

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

October.

The only thing I have read recently that gives me a bit more hope is this article in the Chronicle. STAR have not said much about their meetings with NH for a while now, so maybe they know more about what’s happening than they have been letting on. Well that’s what I am hoping.

https://www.readingchronicle.co.uk/spor ... -takeover/

When does Howe start his suspension?

[traff]

Assume Bowen is still on the payroll?

[Sutekh]

:?: Assume Bowen is still on the payroll?

What reasons for not knowing his punishment? Has he been let off or are the FL/FA still deliberating?

[Ascotexgunner]

I’ve read it all, that’s why I ask because it’s like Groundhog Day

The next 10 days are key to the takeover, we should hear something in the next week, new season fast approaching, XYZ person/consortium are interested, deal not done yet, potential investors, lots still to be done, Mr whoever has been seen in the town for a week, companies house shows tidying up, some random on X talking shit

It’s all we have heard for what, the last ten months?

All chatter and absolutely no substance

And the perennial quote “ By all accounts others are waiting in the wings to make bids if an opportunity arises”

Then you know there isn't anything new to find out, don't you.

Looks like it, but I’m sure we will have news next week

On Friday evening on BBCRB Tim Dellor explained it might drag on a lot longer. Firstly the rumour is that the EFL need some convincing that this consortium have the money to run the club and a decent 2 year plan.....
Also,following on from recent activity on Companies House, albeit the club accounts remain unpublished, there was some 'tidying' as the Cessation of Reading Asia Holdings Limited it was confirmed.
So we may have an update soon but the sale still seems way off.

[Clyde1998]

:?: Assume Bowen is still on the payroll?

What reasons for not knowing his punishment? Has he been let off or are the FL/FA still deliberating?

Looking on the FA website, I found his previous charge outcome. He was charged on the 6th October 2020 and the hearing was on 21st December (76 days later). I don't know if this reflects a typical timeline, as he admitted to the charge but requested a hearing to "advance mitigation", but a similar time scale would suggest any final decision would come at some point in August given he was charged on 31st May.

I'm guessing it could take longer too, depending on whether he accepts or challenges the charges, how complex the case is, etc.

[SouthDownsRoyal]

Then you know there isn't anything new to find out, don't you.

Looks like it, but I’m sure we will have news next week

On Friday evening on BBCRB Tim Dellor explained it might drag on a lot longer. Firstly the rumour is that the EFL need some convincing that this consortium have the money to run the club and a decent 2 year plan.....
Also,following on from recent activity on Companies House, albeit the club accounts remain unpublished, there was some 'tidying' as the Cessation of Reading Asia Holdings Limited it was confirmed.
So we may have an update soon but the sale still seems way off.

Surely not !

[Lower West]

Then you know there isn't anything new to find out, don't you.

Looks like it, but I’m sure we will have news next week

albeit the club accounts remain unpublished,

Cannot be signed off until there's certainty that the club is a going concern.

[SouthDownsRoyal]

Looks like it, but I’m sure we will have news next week

albeit the club accounts remain unpublished,

Cannot be signed off until there's certainty that the club is a going concern.

I’m sure we will get more news in the next week*

*again

[Franchise FC]

Looks like it, but I’m sure we will have news next week

albeit the club accounts remain unpublished,

Cannot be signed off until there's certainty that the club is a going concern.

That’s not true
Unless the EFL have a specific rule, they can be qualified. Not a great place to be for any company, though