CONFRIMED: Latest rumours Confrimed as Unconfrimed

[blythspartan]

Sadly, I think we just have to hope that Dai does want to sell the club as there is sweet FA we can do about it. Interestingly, in one of Howe’s interviews I read he said we were a week away from administration. Does that mean Dai would actually put us into administration as opposed to liquidating the club? Who knows, but I guess that way he’d keep the stadium and training ground.

[Norfolk Royal]

Sadly, I think we just have to hope that Dai does want to sell the club as there is sweet FA we can do about it. Interestingly, in one of Howe’s interviews I read he said we were a week away from administration. Does that mean Dai would actually put us into administration as opposed to liquidating the club? Who knows, but I guess that way he’d keep the stadium and training ground.

I think it more likely that Howe has a poor handle on the difference between administration and liquidation.

[WestYorksRoyal]

Sadly, I think we just have to hope that Dai does want to sell the club as there is sweet FA we can do about it. Interestingly, in one of Howe’s interviews I read he said we were a week away from administration. Does that mean Dai would actually put us into administration as opposed to liquidating the club? Who knows, but I guess that way he’d keep the stadium and training ground.

I think it more likely that Howe has a poor handle on the difference between administration and liquidation.

Let's be honest and admit none of us have a clue. Administration would ultimately result in a buyer and mean more money for Dai than liquidation. But if he was acting rationally, he would have sold to Couhig.

[Snowflake Royal]

Isn’t this the third time he’s pulled the plug? Wasn’t there one last winter then one late spring before this?

At what point does it start getting to where others should step in “on his behalf”?

What 'others'?

[WestYorksRoyal]

Isn’t this the third time he’s pulled the plug? Wasn’t there one last winter then one late spring before this?

At what point does it start getting to where others should step in “on his behalf”?

What 'others'?

Genevra on the brink of exclusivity last autumn, he moved the goalposts. Exclusivity round 1 in spring with Chiron fell through and we don't know why. Now this. We've got close 3 times, inching ever closer each time.

Next time Dai signs but the fax machine is conveniently broken.

[Snowflake Royal]

Isn’t this the third time he’s pulled the plug? Wasn’t there one last winter then one late spring before this?

At what point does it start getting to where others should step in “on his behalf”?

IIRC, there were multiple bidders in the winter, but only one got to the point of exclusively - which ended in late spring. I don't know if it was made public why it collapsed or who caused it to break down.

By my count, this would be the second time a serious takeover bid has fallen through, unless we count the Storey one as a serious bid.

We were told October a deal was near and should happen by new year. Unclear who this was, but doubtful it was ever Storey. This fell apart and we were told looking for new investors. Then we had Chiron, with no mention of Couhig, where exclusivity ended in the summer, then we had Couhig, possibly backed by Chiron, now there's apparently someone new.

[Snowflake Royal]

Sadly, I think we just have to hope that Dai does want to sell the club as there is sweet FA we can do about it. Interestingly, in one of Howe’s interviews I read he said we were a week away from administration. Does that mean Dai would actually put us into administration as opposed to liquidating the club? Who knows, but I guess that way he’d keep the stadium and training ground.

Sounds like Couhig was going to put us in using his secured loans, which would have taken everything out of Dai's hands. Hence why Dai found the money to repay him. Because if he hadn't it would basically be over and Dai would be out.

[Snowflake Royal]

Isn’t this the third time he’s pulled the plug? Wasn’t there one last winter then one late spring before this?

At what point does it start getting to where others should step in “on his behalf”?

What 'others'?

Genevra on the brink of exclusivity last autumn, he moved the goalposts. Exclusivity round 1 in spring with Chiron fell through and we don't know why. Now this. We've got close 3 times, inching ever closer each time.

Next time Dai signs but the fax machine is conveniently broken.

Sutekh is saying someone should sideline Dai to make a decision. Buyers have no right to do that.

[Snowflake Royal]

So far Dai has torpedoed deals with:
Genevra
Loitz
Chiron
Couhig and Redwood.

It is never happening, we're a dead club walking and groaning like a zombie.

[SouthDownsRoyal]

So far Dai has torpedoed deals with:
Genevra
Loitz
Chiron
Couhig and Redwood.

It is never happening, we're a dead club walking and groaning like a zombie.

Remember, Howe says Dai is still committed to selling the club

[Sutekh]

So far Dai has torpedoed deals with:
Genevra
Loitz
Chiron
Couhig and Redwood.

It is never happening, we're a dead club walking and groaning like a zombie.

Remember, Howe says Dai is still committed to selling the club

While Howe is on a hiding to nothing thanks to NDAs, I really wish he'd stay away from this tired old trope which not one Reading fan believes in the slightest.

[Brogue]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so dai pulled the plug. He wants an investor to come in with a vision of getting the club to the PL.

He also said despite what people think he genuinely want the best for the club he is committed to selling but wants to sell to the right person. Not someone who is going to come in paint some walls do some decorating knock down a few internal wall make the place open plan and flip the club for a few quid in profit in a couple of years.

[Millsy]

EDIT; this post was written without sight of Brogue’s ‘revelation’ above.

Just to add a bit of balance here, none of us actually knows the details of anything.

I detest Dai like anyone does and I suspect he is 100% being the arse, but we don’t actually know.

It could well be that people are taking the piss with their dealings thinking they can get a super bargain from an unfortunate situation. Imagine you having to sell your car and people offering 50p for it. It *may* be that people are taking advantage and as bad a businessman we know Dai is, he is still not stupid enough to just roll over and be shafted.

I like to think that anyone who comes in will appreciate the great opportunity this club is and pay fairly rather than just be an opportunist looking for a bargain. Did I read somewhere that Dai wanted a buyer who’d move the club forward? That could be read as “these people aren’t interested in the club they just want a bargain”. Someone offering 50p for my pride and joy car is less likely to continue waxing it, servicing it etc than someone who pays a fair amount.

[Sutekh]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so he pulled out. He wants an investor to come in with a vision of getting the club to the PL.

[Millsy]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so dai pulled the plug. He wants an investor to come in with a vision of getting the club to the PL.

He also said despite what people think he genuinely want the best for the club he is committed to selling but wants to sell to the right person. Not someone who is going to come in paint some walls do some decorating knock down a few internal wall make the place open plan and flip the club for a few quid in profit in a couple of years.

Interesting, I was busy typing my post above on this slow iPad for ages on and off and didn’t see this post in the meantime, but it certainly marries up with what I’m putting out as a possibility.

[Snowflake Royal]

So far Dai has torpedoed deals with:
Genevra
Loitz
Chiron
Couhig and Redwood.

It is never happening, we're a dead club walking and groaning like a zombie.

Remember, Howe says Dai is still committed to selling the club

I don't know why anyone expects such statements to be honest or meaningful

[Snowflake Royal]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so dai pulled the plug. He wants an investor to come in with a vision of getting the club to the PL.

He also said despite what people think he genuinely want the best for the club he is committed to selling but wants to sell to the right person. Not someone who is going to come in paint some walls do some decorating knock down a few internal wall make the place open plan and flip the club for a few quid in profit in a couple of years.

So Dai doesn't care about the club, he just wants someone else to pump hundreds of millions in better than he did so he can get more pay days.

This is the opposite of what any of us should want. Which is a sensible owner, running us sustainably, rebuilding us brick by brick.

[blythspartan]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so dai pulled the plug. He wants an investor to come in with a vision of getting the club to the PL.

This ties in with what Howe was saying so who knows. I can get that RC lording it around the club might have pee’d Dai off. I think someone else on here who has been proved right said Dai didn’t like Couhig.

[Sutekh]

Great, so he'll only sell to another Dai

Might as well fold the club now as no one with any sanity left is going to agree to ridiculous terms like that.

[Mid Sussex Royal]

i managed to speak to my contact for the first time in a while. what he said is Dai want's to sell to someone who will want to take us to the next level, to pump money into the club keep the academy, and take us to the premier league. like he wanted to do. He was getting fed up with couhigs meddling behind the scenes and his vision for the club which was to run it on a shoestring. Dai has written into the contracts that he will continue to receive payouts, bonuses if you will. depending on club performances. ie if we get to the PL he will receive x. It was becoming more and more apparent that couhigs vision for the club made it very hard for Dai to see us getting there in the timeframe he wants. He wanted assurances from couhig that he was going to invest in the club and not just strip the club right down and look to sell for a profit in a couple of years, whilst still being a mid table team in league 1. Couhig would not give dai the assurances, so dai pulled the plug. He wants an investor to come in with a vision of getting the club to the PL.

He also said despite what people think he genuinely want the best for the club he is committed to selling but wants to sell to the right person. Not someone who is going to come in paint some walls do some decorating knock down a few internal wall make the place open plan and flip the club for a few quid in profit in a couple of years.

This makes some sense and does tie in with what Howe said and I also guess Couhig may have had some say in the de-funding of the women's team.

I guess we'll never find out exactly what went wrong though....I'm sure Couhig would talk if he could as he seems to be an up front kind of person, anyone who's dealt with this kind of stuff know how long NDA's are in place for when a deal collapses?