CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Snowflake Royal
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Snowflake Royal » 01 Oct 2024 12:47

Brogue
windermereROYAL Missed Saturday because of the early kick off and possible match disruption that didn`t happen, like a few of the others have mentioned I`m through with this long drawn out sage, I`ll be back in my seat tonight to support the team, why worry about something we have zero control over?


thyme will tell

Delightful

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Hendo
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Hendo » 01 Oct 2024 12:54

Snowflake Royal
Brogue
windermereROYAL Missed Saturday because of the early kick off and possible match disruption that didn`t happen, like a few of the others have mentioned I`m through with this long drawn out sage, I`ll be back in my seat tonight to support the team, why worry about something we have zero control over?


thyme will tell

Delightful


Dillightful...

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Pepe the Horseman
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Pepe the Horseman » 01 Oct 2024 13:03

Vision
Pepe the Horseman
Vision
A bit niche but it earned a smile from this fellow Royal exiled in the US.

'preciate you. Remind me, where are you? Are we going to meet up for the playoff final?


Apologies for the late response , I’m in Dallas.

You’re Arkansas based?

Ah yeh, I did know that. Yeh, Northwest Arkansas, so about 5 1/2 hours from you. Have you watched any sport at Cosm yet?

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Re: CONFRIMED: Takeover collapsed; Back to square one

by bcubed » 01 Oct 2024 13:56

WestYorksRoyal People need to stop kidding themselves that they're at the acceptance stage. If it was announced this afternoon that we were being liquidated, your response would not be "meh".

I've accepted that this uncertainty will continue and that I can't affect it, but there is still sn underlying assumption that it will be sorted one day. When that day is, what happens in between and who owns us afterwards I can't control.


Are you saying we need to accept we're not at the acceptance stage?

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Forbury Lion » 01 Oct 2024 14:19

Armadillo Roadkill I think the acceptance stage is not when you when you "accept" anything that might happen, it's when you accept there's little or nothing you can do about it, so constant anxiety is pointless. You accept the situation, not the outcome.
I've had actual depression and anxiety before and yep, this rings true.


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Brogue
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Brogue » 01 Oct 2024 14:48

Forbury Lion
Amadildo Roadkill I think the acceptance stage is not when you when you "accept" anything that might happen, it's when you accept there's little or nothing you can do about it, so constant anxiety is pointless. You accept the situation, not the outcome.
I've had actual depression and anxiety before and yep, this rings true.


His username makes sense now

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Hound » 01 Oct 2024 15:20

As mentioned wages seem to being paid as does the tax bill

No doubts this won’t last be trying to just not think too deeply on it atm

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Re: CONFRIMED: Takeover collapsed; Back to square one

by karbota » 01 Oct 2024 15:57

Forbury Lion
Armadillo Roadkill I think the acceptance stage is not when you when you "accept" anything that might happen, it's when you accept there's little or nothing you can do about it, so constant anxiety is pointless. You accept the situation, not the outcome.[/quote]I've had actual depression and anxiety before and yep, this rings true.



Not Another DD account.

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bcubed
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Re: CONFRIMED: Takeover collapsed; Back to square one

by bcubed » 01 Oct 2024 17:15

bcubed
WestYorksRoyal People need to stop kidding themselves that they're at the acceptance stage. If it was announced this afternoon that we were being liquidated, your response would not be "meh".

I've accepted that this uncertainty will continue and that I can't affect it, but there is still sn underlying assumption that it will be sorted one day. When that day is, what happens in between and who owns us afterwards I can't control.


Are you saying we need to accept we're not at the acceptance stage?


Well I thought it was funny :|


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Snowflake Royal
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Snowflake Royal » 01 Oct 2024 18:01

bcubed
WestYorksRoyal People need to stop kidding themselves that they're at the acceptance stage. If it was announced this afternoon that we were being liquidated, your response would not be "meh".

I've accepted that this uncertainty will continue and that I can't affect it, but there is still sn underlying assumption that it will be sorted one day. When that day is, what happens in between and who owns us afterwards I can't control.


Are you saying we need to accept we're not at the acceptance stage?

I got to acceptance. Then we looked like Couhig would take over and now I'm having to go through the whole bloody lot again.

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Pepe the Horseman
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Pepe the Horseman » 01 Oct 2024 18:14

https://inews.co.uk/sport/football/read ... ge-3303668

Reading are the target of a takeover bid from another Chinese businessman with under-fire owner Dai Yongge renewing his attempts to sell up.

i has learned that Benny Kwong, who runs a Hong Kong-based gas company that operates throughout China, has held talks with Dai about buying the cash-strapped League One club.

Kwong is the managing director of Blue River Holdings, whose businesses include the distribution of gas and property investments in China.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by WestYorksRoyal » 01 Oct 2024 18:23

So that random guy online was onto something. Already seen some people saying he surely won't pass the EFL checks, displaying the same misunderstood as ever. If he has nothing to disqualify him, can prove funding etc., he would be approved. The EFL don't have the power to block people on a smell test or being they seem a bit dodgy. They can't afford the legal fees if someone sues them.

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Pepe the Horseman
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Pepe the Horseman » 01 Oct 2024 18:44

WestYorksRoyal So that random guy online was onto something. Already seen some people saying he surely won't pass the EFL checks, displaying the same misunderstood as ever. If he has nothing to disqualify him, can prove funding etc., he would be approved. The EFL don't have the power to block people on a smell test or being they seem a bit dodgy. They can't afford the legal fees if someone sues them.

Same guy tweeted this last week

I want to reiterate the affiliation between Blue River Holdings (BRH) and Benny Kwong, the founder of BRH. BRH are exploring a pre-pack administration purchase of #readingfc and are understood to have engaged Kirkland & Ellis’ Hong Kong’s office to help effect the bid. #readingfc


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Re: CONFRIMED: Takeover collapsed; Back to square one

by WestYorksRoyal » 01 Oct 2024 18:54

Pepe the Horseman
WestYorksRoyal So that random guy online was onto something. Already seen some people saying he surely won't pass the EFL checks, displaying the same misunderstood as ever. If he has nothing to disqualify him, can prove funding etc., he would be approved. The EFL don't have the power to block people on a smell test or being they seem a bit dodgy. They can't afford the legal fees if someone sues them.

Same guy tweeted this last week

I want to reiterate the affiliation between Blue River Holdings (BRH) and Benny Kwong, the founder of BRH. BRH are exploring a pre-pack administration purchase of #readingfc and are understood to have engaged Kirkland & Ellis’ Hong Kong’s office to help effect the bid. #readingfc

Well the EFL would protect us from that. They learned from the Wigan fiasco a few years ago, and any buyer who needs to put us into administration as part of their business plan has no chance.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Orion1871 » 01 Oct 2024 19:11

Predictable. The only people willing to do business on Dai's terms was always going to be one of his dodgy mates.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Hound » 01 Oct 2024 20:09

No real opinion on this at the moment. Let’s see if it develops

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Sutekh » 01 Oct 2024 20:54

Hound No real opinion on this at the moment. Let’s see if it develops


Twitter ITK expert "Huang Kad" says definitely happening and will be complete within 6 weeks :lol:


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Re: CONFRIMED: Takeover collapsed; Back to square one

by Hound » 01 Oct 2024 21:13

Sutekh
Hound No real opinion on this at the moment. Let’s see if it develops


Twitter ITK expert "Huang Kad" says definitely happening and will be complete within 6 weeks :lol:



Tbf he said it a few weeks ago. Clearly has some sort of information, just not that reliable

WestYorksRoyal
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Re: CONFRIMED: Takeover collapsed; Back to square one

by WestYorksRoyal » 01 Oct 2024 22:09

I think most of the "ITKs" do genuinely know someone. The trouble is events move quickly and you can only truly be sure of events if you can see inside Dai's head.

So just say quiet until it's done. Haven't they all been burned enough times in this saga already?

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Brum Royal » 02 Oct 2024 09:59

Mike Gow (Chinese expert) posting on Twitter that this Kwong fella is a mate of Dai and Pang and has bailed out Dai's companies before. Hopefully this one is a load of bullcrap but it doesn't look like a positive potential change of ownership

https://x.com/mikeygow/status/1841198482646057232?t=Xykt028TWFVHvV8Nf4pbfQ&s=19
Last edited by Brum Royal on 02 Oct 2024 10:00, edited 1 time in total.

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