Coppell out!

[Stranded]

I'd say playing with 10 men for 87 mins against Arsenal and coming back to get a draw shows what they are made of. We could have 20men against Arsenal and they'd wipe the floor with us...again.

But you do have to take in context that Arsenal barely played for the first half as a result of the Eduardo injury and should have then put the game to bed.

They only got the draw due to a complete moment of madness by Clichy, it was not Brum resilience that got them the point more Arsenal's desire to score a perfect goal and then the last minute brain freeze.

As has been listed Brum have a very tough home run in and they've only won 3 at home. They drew against us, Fulham, Derby and Sunderland at home. They beat Bolton, Boro and Wigan. 7 points at home against fellow strugglers to our 10 - the difference is they've played them all now, we still have to play them & Fulham at home - a massive 6 points.

They have won 2 away mind but we're yet to play Derby away and the other was against a 10 man Spurs.

[STAR Liaison]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

And wrong again, they are separate companies but Reading Football Club Ltd and Madejski Stadium Hotel Ltd are wholly owned subsidiaries of Reading Football Club (Holdings) Ltd and so their 'financials' are part of the holding companies 'financials'. FYI the 2007 profits were £6,322,692 and £318,014 giving the holding company profit of £6,573,045 after adjustments for interest and group costs.

Also the training ground is not owned by the club as rent is paid to JM for it under the notes to the accounts 'transactions with directors'. Also in that there is information that he has an interest free loan with the hotel and an interest bearing one with the football club.

All of this is in the public domain as it is the published accounts.

[Northern Git]

Of course it is, the football club own the Madejski complex and the training ground!

WRONG

- seperate companies
- The Hotel, Stadium and probaly the training ground are part of a second company also owned by Madejski, although he is not forthcoming with showing us the financials of that company. I wonder why?

The club is used as a tax loss.

And wrong again, they are separate companies but Reading Football Club Ltd and Madejski Stadium Hotel Ltd are wholly owned subsidiaries of Reading Football Club (Holdings) Ltd and so their 'financials' are part of the holding companies 'financials'. FYI the 2007 profits were £6,322,692 and £318,014 giving the holding company profit of £6,573,045 after adjustments for interest and group costs.

Also the training ground is not owned by the club as rent is paid to JM for it under the notes to the accounts 'transactions with directors'. Also in that there is information that he has an interest free loan with the hotel and an interest bearing one with the football club.All of this is in the public domain as it is the published accounts.

So what is the current state of the books? Are we, as some would have us believe, sitting on a pile of cash that is reaching Everest type proportions. Or, as others would have it, are we in hock to the Mad Man for hundreds of millions that he has 'loaned' the club since he took over?

[Coppelled Streets]

So what is the current state of the books? Are we, as some would have us believe, sitting on a pile of cash that is reaching Everest type proportions. Or, as others would have it, are we in hock to the Mad Man for hundreds of millions that he has 'loaned' the club since he took over?

The latter.

We wont break the bank to get back up either.

It'll be back to one big summer signing, i.e £800,000 - £1,000,000 and a couple of crafty additions. The paracute payments we will be told will help ease our over inflated wage budget back into a Championship level without crippling us later.

And you couldn't argue with that either, but we have made a hell of a lot of cash in these two seasons and we haven't spent much of it at all. It's lining someones pocket and it isn't the clubs.

[RoyalBlue]

Nor is it the supporters' - we've been pretty well fleeced in the past couple of seasons!

[STAR Liaison]

So what is the current state of the books? Are we, as some would have us believe, sitting on a pile of cash that is reaching Everest type proportions. Or, as others would have it, are we in hock to the Mad Man for hundreds of millions that he has 'loaned' the club since he took over?

There certainly is no mountain of cash as of June 2007. The chairman only increased his loan by £17k whereas it was increased by £2,533k the previous year. His total loan is nearly £26 million and is repayable on demand (though he confirms it is not his intention to withdraw his support) with interest (where paid) at less than HSBC base rate.

There are also other loans and the net worth is a negative figure.

[Northern Git]

So what is the current state of the books? Are we, as some would have us believe, sitting on a pile of cash that is reaching Everest type proportions. Or, as others would have it, are we in hock to the Mad Man for hundreds of millions that he has 'loaned' the club since he took over?

There certainly is no mountain of cash as of June 2007. The chairman only increased his loan by £17k whereas it was increased by £2,533k the previous year. His total loan is nearly £26 million and is repayable on demand (though he confirms it is not his intention to withdraw his support) with interest (where paid) at less than HSBC base rate.

There are also other loans and the net worth is a negative figure.

Thanks for that. Is there any break down of what the loans were / are for?

[watfordroyal]

I'm telling yer,

When SC goes, we'll not get Jol or Hoddle or any "name" like that,

It'll be Laurie Sanchez!

At least he's a bit of a fan, & goes to a few of our games,....... he's stalking SC.

[Dr Hfuhruhurr]

We're only 1 point behind Birmingham...............................

Just need finish above them and Fulham and we're laughing.

Coppell out? Ridiculous!

Indeed, all we need to do (and I believe we can) is match both clubs point for point and beat them at home. That will see us stay up.

Every one of Brum's remaining home games are against sides from the top half.

May I be so cheeky and say "and then what?"
The same again next year..
and the year after that..
and the year after that..??

The future of Reading FC seems awfully dull, doesnt it? Watching them and *cough* playing for them must be an awful chore sometimes.

[Ian Royal]

Coppell has seemed clueless before and ten pulled a Championship winning team out of his bunch of useless tosser with only 1 or two additions.

IF we go down AND IF he dosen't have us in the top 4-6 the next season, then it will be time to move on. Only then.

[Rev Algenon Stickleback H]

Coppell has seemed clueless before and ten pulled a Championship winning team out of his bunch of useless tosser with only 1 or two additions. .

in that season a 3-0 boxing day win (which put us 3rd) was followed by an 11 match winless run where we only scored 4 goals. "Coppell out!" was the general theme of many texters to Radio Berks after games during that run.

That run was followed by notching 16 points from 7 games, which would be very welcome this time round, although it wouldn't do the nerves much good for this run to lag on for another 3 games.

As much as anything else, we need a break. Since the huge slice of good fortune for the linesman's decision v Sunderland, nothing's gone our way. We even seem to always be playing teams coming into form. Had Kitson been able to get a touch more of that free kick, he'd surely have scored, and it would have been a very different game. You can't underestimate how much of a lift a goal gives to a struggling side. It's just tragic that the two we have scored have been so late that we've kicked off knowing the game is over.

[STAR Liaison]

Thanks for that. Is there any break down of what the loans were / are for?

No you don't get that sort of detail in abbreviated accounts though you can make educated guesses where there is capital expenditure (the hotel expansion or tenants improvements at the training ground in the last accounts) as remember capital expenditure comes out of profit not as a deduction from it so is often funded by loans.

[Stranded]

We're only 1 point behind Birmingham...............................

Just need finish above them and Fulham and we're laughing.

Coppell out? Ridiculous!

Indeed, all we need to do (and I believe we can) is match both clubs point for point and beat them at home. That will see us stay up.

Every one of Brum's remaining home games are against sides from the top half.

May I be so cheeky and say "and then what?"
The same again next year..
and the year after that..
and the year after that..??

The future of Reading FC seems awfully dull, doesnt it? Watching them and *cough* playing for them must be an awful chore sometimes.

Well quite, but if we go down "and then what" we strive to get back in to this league and we all start again, probably get relegated a couple of years later, possibly bounce back and end up finishing 11th every year or we go down and never return to the top flight.

[Royal Rother]

We're only 1 point behind Birmingham...............................

Just need finish above them and Fulham and we're laughing.

Coppell out? Ridiculous!

Indeed, all we need to do (and I believe we can) is match both clubs point for point and beat them at home. That will see us stay up.

Every one of Brum's remaining home games are against sides from the top half.

May I be so cheeky and say "and then what?"
The same again next year..
and the year after that..
and the year after that..??

The future of Reading FC seems awfully dull, doesnt it? Watching them and *cough* playing for them must be an awful chore sometimes.

And that's after just 1 year of apparent stagnation and relative decline following on from the 2 best years the club (and its supporters) have ever known in 137 years.

Oh well, it takes all sorts I suppose.

[Dr Hfuhruhurr]

Well quite, but if we go down "and then what" we strive to get back in to this league and we all start again, probably get relegated a couple of years later, possibly bounce back and end up finishing 11th every year or we go down and never return to the top flight.

Well a full squad in the cup and a play off game is just a shade more exciting than trying to win at home to Birmingham. Im failing to see the point of us being in the Premiership if [a] we publically state we dont want to be in Europe and [b] we publically state we dont want to be in the FA Cup, and Id be very surprised that, with so little difference for the outcome for Reading FC in coming 17th and 18th, there will be any real push to avoid relegation. The real fear with coming 17th is that we have the very real possibility of repeating the utter joy that following Reading has been this year into the 2008-2009 season.

[Vision]

Well quite, but if we go down "and then what" we strive to get back in to this league and we all start again, probably get relegated a couple of years later, possibly bounce back and end up finishing 11th every year or we go down and never return to the top flight.

Well a full squad in the cup and a play off game is just a shade more exciting than trying to win at home to Birmingham. Im failing to see the point of us being in the Premiership if [a] we publically state we dont want to be in Europe and [b] we publically state we dont want to be in the FA Cup, and Id be very surprised that, with so little difference for the outcome for Reading FC in coming 17th and 18th, there will be any real push to avoid relegation. The real fear with coming 17th is that we have the very real possibility of repeating the utter joy that following Reading has been this year into the 2008-2009 season.

A) I'm not sure we have ever publicly stated we don't want to be in Europe unless you count turning down an Intertoto place as a public statement that we never want to be in Eiurope.

B) I'm also not sure we have publicly stated we don't want to be in the FA Cup either unless you count a player who was never going to play in it saying he's not bothered as conclusive proof.

I do know what you mean in terms of adding some excitement to quite possibly the dullest club in the top flight but the way i look at it (and i realise i'm probably in the minority) is that every time our collection of Orient,Cork,Cambridge,Brentford,York etc etc misfits compete with multi-millionaire, molly coddled prima donnas is as much a blow for the romance of football as any so-called cup giant killing that others might suggest. Its only the last couple of months that we've really struggled to compete with clubs/teams with so much more money and prestige.

[SpaceCruiser]

Coppell has seemed clueless before and ten pulled a Championship winning team out of his bunch of useless tosser with only 1 or two additions.

Hmmm, I think we changed players quite a bit between that disappointing season and the championship winning season. Lita, Doyle, Gunnarsson, Hunt, Makin, Long, etc in for Brooker, Savage, Morgan, Forster, Goater etc etc. Unless you were being sarcastic.

IF we go down AND IF he dosen't have us in the top 4-6 the next season, then it will be time to move on. Only then.

I think I'd have to agree with that. He's got a contract with us for another season after all. It would be nice if we could have a manager with us for longer than 5 years, like Wenger and Ferguson have been at their clubs. Stability and all that.

[Dr Hfuhruhurr]

Well quite, but if we go down "and then what" we strive to get back in to this league and we all start again, probably get relegated a couple of years later, possibly bounce back and end up finishing 11th every year or we go down and never return to the top flight.

Well a full squad in the cup and a play off game is just a shade more exciting than trying to win at home to Birmingham. Im failing to see the point of us being in the Premiership if [a] we publically state we dont want to be in Europe and [b] we publically state we dont want to be in the FA Cup, and Id be very surprised that, with so little difference for the outcome for Reading FC in coming 17th and 18th, there will be any real push to avoid relegation. The real fear with coming 17th is that we have the very real possibility of repeating the utter joy that following Reading has been this year into the 2008-2009 season.

A) I'm not sure we have ever publicly stated we don't want to be in Europe unless you count turning down an Intertoto place as a public statement that we never want to be in Eiurope.

B) I'm also not sure we have publicly stated we don't want to be in the FA Cup either unless you count a player who was never going to play in it saying he's not bothered as conclusive proof.

I do know what you mean in terms of adding some excitement to quite possibly the dullest club in the top flight but the way i look at it (and i realise i'm probably in the minority) is that every time our collection of Orient,Cork,Cambridge,Brentford,York etc etc misfits compete with multi-millionaire, molly coddled prima donnas is as much a blow for the romance of football as any so-called cup giant killing that others might suggest. Its only the last couple of months that we've really struggled to compete with clubs/teams with so much more money and prestige.

OK, some elaboration - maybe its best clarified as 'Weve never shown that weve wanted to get into Europe'. We had a glorious opportunity last year that somehow we didnt take, as we competed with two other teams (Portsmouth and Bolton) who also seemed to want to muck up their European Qualification by losing consistently, until it came down to a game at home to Watford. We played this game to a background of Coppell complaining that we wouldnt have the squad for a European campaign, and that we would rather not, thank you, as itll ruin our survival campain. Yes, I am still a bit bitter about that Watford game, especially as we languish in 18th without a European Campaign

As for the FA Cup - well, OK, Im paraphrasing Kitson - you have me there, but Im also taking clues from team selection. I was actually looking forward to the Spurs cup draw, given our recent league game with them, but then, disappointingly, it was Hunt + 10 others. Again, another game of little interest.

Come on, give this poor supporter something to remember from this season! There must have been one game of note. Maybe that win that took us to 12th for a week - remember that?

[Magicman]

Nor is it the supporters' - we've been pretty well fleeced in the past couple of seasons!

You are joking, its cheap as chips considering the location, get a job

[Archie's penalty]

A) I'm not sure we have ever publicly stated we don't want to be in Europe unless you count turning down an Intertoto place as a public statement that we never want to be in Eiurope.

B) I'm also not sure we have publicly stated we don't want to be in the FA Cup either unless you count a player who was never going to play in it saying he's not bothered as conclusive proof.

I do know what you mean in terms of adding some excitement to quite possibly the dullest club in the top flight but the way i look at it (and i realise i'm probably in the minority) is that every time our collection of Orient,Cork,Cambridge,Brentford,York etc etc misfits compete with multi-millionaire, molly coddled prima donnas is as much a blow for the romance of football as any so-called cup giant killing that others might suggest. Its only the last couple of months that we've really struggled to compete with clubs/teams with so much more money and prestige.

Exactly Vision. The sad thing is this year everyone, including the press, has forgotten where we have come from and who we have used to get here. This has meant a loss of interest from the side of the press (i.e Reading deserve to be in the prem who cares if we cover them) and a chronic lack of perspective from us the fans. We can still do it though and then we'll see what happens.

I think the attitude we should have from now on is the attitude of the dancing Derby fans shown on motd2 on Sunday. If we're going down let's enjoy being in the prem for the next couple of months, if we stay up that's all the better. Let's put a bit of joy back into our and the team's hearts. We are a small team after all and have no god-given right to be in this division.

You'll see me at Liverpool proud to cheer on the lads even if we lose...