I'm with this bloke...

[Dixeyroyal]

I found this post on readingrumours.co.uk and I totally agree with it.


Is the awaited confirmation football league a smokescreen put out by RFC?

The club, Charles Watts, SJM have all gone on record saying the ownership approval is a simple tick box exercise, but now weeks later and still no approval, fans are being told these things take time as it's a complicated consortium. Personally I think the takeover has already been approved with the club delaying announcement until the transfer window is shut, although not before banking the money from the sale of Morrison, Alfie and the pending (all but agreed) sale of Alex McCarthy.

Some RFC fans are happy with the following so called progression and playing staff additions. The introduction of Ferdinand who was a free signing and was signed as a result of our Police United/consortium and clearly not an Adkins signing. Then the signing of Cox who came as part of the sell on fee pay-off when Forest signed Michail Antonio from Wednesday so no fee involved with this signing just a convenient deal for both clubs then James Mackie came in on a season long loan which was also part of the Antonio/Forest sell-on-fee deal and was used just to sweeten things up. Then there's Norwood a 750k purchase. 750k from the millions raised in the sale of 3 decent players

We have mr Mad answering questions on behalf of Khunying Sasima Srivikorn as if he knows exactly what she is thinking as he is petrified that she might blow the clubs cover. And the we have our manager, mr positive who must be the unluckiest manager in the history of Reading football club with an ever growing horrendous injury list that gets longer by the hour and we're told we have a bright future!

As yet we still have no official confirmation of ownership yet we sell players without a second thought but yet can't seem to buy or sign or compete for decent new players. Reading fans will need to expect no singing of any worth within the next 12 months, expect to play the kids (which is a positive) BUT ALL OF THEM, AT ONCE! and expect the new unconfirmed owners of our club to raise and bank the reported 25million they paid for the club before anything of value happens on the pitch. 25 years as a supporter and never more unhappy than I am now. Wake up other Reading fans and voice your concerns before it's too late.

Lifelongroyal

It's an interesting theory but unfortunately blown out of the water by 2 known facts about football club ownership:

1. If the sale had not yet been ratified by the FL (which is the case) because there was a problem, then we would not have been allowed to sign any players during the transfer window

2. If (as you assume) the sale had been completed and ratified by the FL then the club and the FL have a duty to announce the new ownership details as soon as complete. I believe that there is a ruling about exactly when this should happen, but i very much doubt that the FL would agree to "keeping it quiet" until the transfer window shuts!

[TBM]

I may have missed it somewhere but I've certainly not seen any evidence that these deals offset themselves.

How much did Antonio go to Forest for?

£1.5m

So 20% (what is rumoured it was) would be £300k


And before anyone gets it wrong, you can have two types of sell on clauses - either on profit or on sale.....he was on sale (same with Doyle and Long)

[Royal Rother]

But that's obviously NOT what most people would describe as the Reading Way is it?

You make scrambled eggs in the microwave. There are probably a hundred ways to make scrambled eggs, many of them producing a better result. You try one of the other ways and you fuck it up. That doesn't prove your way of making scrambled eggs is the best. Just proves you're an idiot and somebody else should be in the kitchen making the fucking eggs.

Yeah, I'm sure that's very clever.

[Vision]

I may have missed it somewhere but I've certainly not seen any evidence that these deals offset themselves.

How much did Antonio go to Forest for?

£1.5m

So 20% (what is rumoured it was) would be £300k


And before anyone gets it wrong, you can have two types of sell on clauses - either on profit or on sale.....he was on sale (same with Doyle and Long)

So no-one really knows but it's safe to assume it certainly doesn't cover the 600k Forest wanted for Cox.

[Royal Biscuitman]

Lol at anyone deriding the 'reading way that gave us so much success
U saw. What happened in two seasons where we diverted from that way. We nearly went bust

How did we nearly go bust, out of interest? I mean, aren't other clubs able to run at a loss?

Not if you have unpaid tax bills. Other creditors may negotiate or be reluctant to send you into administration and end up with 1p in the £1 but the taxman is a different matter. They get what is due and if that means administration and selling the ground then so be it.

[Pepe the Horseman]

WRTTTT - GAY

[Oilroyal]

I found this post on readingrumours.co.uk and I totally agree with it.


Is the awaited confirmation football league a smokescreen put out by RFC?

The club, Charles Watts, SJM have all gone on record saying the ownership approval is a simple tick box exercise, but now weeks later and still no approval, fans are being told these things take time as it's a complicated consortium. Personally I think the takeover has already been approved with the club delaying announcement until the transfer window is shut, although not before banking the money from the sale of Morrison, Alfie and the pending (all but agreed) sale of Alex McCarthy.

Some RFC fans are happy with the following so called progression and playing staff additions. The introduction of Ferdinand who was a free signing and was signed as a result of our Police United/consortium and clearly not an Adkins signing. Then the signing of Cox who came as part of the sell on fee pay-off when Forest signed Michail Antonio from Wednesday so no fee involved with this signing just a convenient deal for both clubs then James Mackie came in on a season long loan which was also part of the Antonio/Forest sell-on-fee deal and was used just to sweeten things up. Then there's Norwood a 750k purchase. 750k from the millions raised in the sale of 3 decent players

We have mr Mad answering questions on behalf of Khunying Sasima Srivikorn as if he knows exactly what she is thinking as he is petrified that she might blow the clubs cover. And the we have our manager, mr positive who must be the unluckiest manager in the history of Reading football club with an ever growing horrendous injury list that gets longer by the hour and we're told we have a bright future!

As yet we still have no official confirmation of ownership yet we sell players without a second thought but yet can't seem to buy or sign or compete for decent new players. Reading fans will need to expect no singing of any worth within the next 12 months, expect to play the kids (which is a positive) BUT ALL OF THEM, AT ONCE! and expect the new unconfirmed owners of our club to raise and bank the reported 25million they paid for the club before anything of value happens on the pitch. 25 years as a supporter and never more unhappy than I am now. Wake up other Reading fans and voice your concerns before it's too late.

Lifelongroyal

It's an interesting theory but unfortunately blown out of the water by 2 known facts about football club ownership:

1. If the sale had not yet been ratified by the FL (which is the case) because there was a problem, then we would not have been allowed to sign any players during the transfer window

2. If (as you assume) the sale had been completed and ratified by the FL then the club and the FL have a duty to announce the new ownership details as soon as complete. I believe that there is a ruling about exactly when this should happen, but i very much doubt that the FL would agree to "keeping it quiet" until the transfer window shuts!

Your point 2 was covered by Charles Watts ....2. If (as you assume) the sale had been completed and ratified by the FL then the club and the FL have a duty to announce the new ownership details as soon as complete.

Charles Watts contacted the FL re the ownership issue but was told by the FL that it was up to the club to make any announcement regarding the outcome of the interviews held with the new owners. I think you'll find CW confirming this in last weeks podcast.

[TBM]

I may have missed it somewhere but I've certainly not seen any evidence that these deals offset themselves.

How much did Antonio go to Forest for?

£1.5m

So 20% (what is rumoured it was) would be £300k


And before anyone gets it wrong, you can have two types of sell on clauses - either on profit or on sale.....he was on sale (same with Doyle and Long)

So no-one really knows but it's safe to assume it certainly doesn't cover the 600k Forest wanted for Cox.

But we don't know if Cox was £600k - it was an undisclosed fee

[loyalroyal4life]

I may have missed it somewhere but I've certainly not seen any evidence that these deals offset themselves.

How much did Antonio go to Forest for?

£1.5m

So 20% (what is rumoured it was) would be £300k


And before anyone gets it wrong, you can have two types of sell on clauses - either on profit or on sale.....he was on sale (same with Doyle and Long)

So no-one really knows but it's safe to assume it certainly doesn't cover the 600k Forest wanted for Cox.

I thought sell on for Antonio paid for Mackie loan fee (which would come off any perm deal summer)

[Vision]

Which is precisely my point.

How can we say the Cox fee was paid for by the Antonio sell on when we don't know the details behind either transfer.

[Extended-Phenotype]

But that's obviously NOT what most people would describe as the Reading Way is it?

You make scrambled eggs in the microwave. There are probably a hundred ways to make scrambled eggs, many of them producing a better result. You try one of the other ways and you fuck it up. That doesn't prove your way of making scrambled eggs is the best. Just proves you're an idiot and somebody else should be in the kitchen making the fucking eggs.

Yeah, I'm sure that's very clever.

That's probably why you didn't understand it or notice the number of fallacy alarms that went off when you uttered your false dichotomy.

[Royal Rother]

Righto, my mistake then.

I assumed that you were referring to the signing of (amongst others) Pog, Drenthe and Carrico in your initial comment, presumably the wages burden for whom played a significant part in the financial problems we faced a few months ago.

I merely pointed out that most would not have considered those acquisitions as "The Reading Way".

Guess I got that all wrong.

Lol at anyone deriding the 'reading way that gave us so much success
U saw. What happened in two seasons where we diverted from that way. We nearly went bust

How did we nearly go bust, out of interest? I mean, aren't other clubs able to run at a loss?

Oh and it wasn't the non-Reading way that cost us. It was the 'shit attempt at spending a bit of money to bring in players who then don't get played because they are shit, injured or looked at the manager in a funny way' way that screwed us up.

[melonhead]

Lol at anyone deriding the 'reading way that gave us so much success
U saw. What happened in two seasons where we diverted from that way. We nearly went bust

How did we nearly go bust, out of interest? I mean, aren't other clubs able to run at a loss?

.

yeah, cos they have owners who could afford/were happy to pay for it
we didnt

[Maguire]

Then the signing of Cox who came as part of the sell on fee pay-off when Forest signed Michail Antonio from Wednesday so no fee involved with this signing just a convenient deal for both clubs

What?

We got money for the sale of Antonio to Forest from Sheff Wed - that money was used to buy Cox from Forest

Yes but so what if it did? It doesn't matter where the money comes from, it's still money being spent. Saying there was no fee involved because we happened to get the money from a sell-on clause in a different transaction is total bollocks.

It's like the Liverpool fans who said "yeah so we spent 35 million on Andy Carroll but we got 50M for Fernando Torres so really we're 15M to the good"

No, you still spent 35M quid on Andy Carroll, it doesn't matter where you got the money from.

[Oilroyal]

Everyday business deals are done something like this, Wednesday negotiate a deal to sell Antonio to Forest. Forest make an offer but Wednesday say it's not enough due to a sell on clause payable to Reading. Forest contact Reading to negotiate a deal to sign over Coxy (valued at £600,000 -"cough") and a season long loan for Mackie if Reading forego Antonio's sell on fee. Reading not wanting to spend CASH agree to the the deal for the 2 unwanted Forest players as payment for their contracted sell on fee/clause. Forest submit the deal to Wednesday highlighting their offer is now acceptable to Wednesday due reading CUTTING THE CLOTH in a different way... It's business, just every day business but dressed up through PR in a way that the masses can understand and club are all the better for being seen as spending money. But after all said and done it was a deal Reading would not have completed using hard cash... Antonio paved the way for this deal to happen. Personally I think Coxy will do well for us this time around. I hope Mackie shows some end product for all his endless running and hard work, time will tell. But the bottom line is this deal is lazy and with little imagination. Reading FC board MUST DO BETTER. New owners... Who r ya?

[Royal Ginger]

Everyday business deals are done something like this, Wednesday negotiate a deal to sell Antonio to Forest. Forest make an offer but Wednesday say it's not enough due to a sell on clause payable to Reading. Forest contact Reading to negotiate a deal to sign over Coxy (valued at £600,000 -"cough") and a season long loan for Mackie if Reading forego Antonio's sell on fee. Reading not wanting to spend CASH agree to the the deal for the 2 unwanted Forest players as payment for their contracted sell on fee/clause. Forest submit the deal to Wednesday highlighting their offer is now acceptable to Wednesday due reading CUTTING THE CLOTH in a different way... It's business, just every day business but dressed up through PR in a way that the masses can understand and club are all the better for being seen as spending money. But after all said and done it was a deal Reading would not have completed using hard cash... Antonio paved the way for this deal to happen. Personally I think Coxy will do well for us this time around. I hope Mackie shows some end product for all his endless running and hard work, time will tell. But the bottom line is this deal is lazy and at little cost or imagination to the club or its manager.Reading FC board MUST DO BETTER!

So the signings are fine, but you wish the club had paid more rather than negotiating a mutually beneficial deal? Drivel.

[Martin41]

Everyday business deals are done something like this, Wednesday negotiate a deal to sell Antonio to Forest. Forest make an offer but Wednesday say it's not enough due to a sell on clause payable to Reading. Forest contact Reading to negotiate a deal to sign over Coxy (valued at £600,000 -"cough") and a season long loan for Mackie if Reading forego Antonio's sell on fee. Reading not wanting to spend CASH agree to the the deal for the 2 unwanted Forest players as payment for their contracted sell on fee/clause. Forest submit the deal to Wednesday highlighting their offer is now acceptable to Wednesday due reading CUTTING THE CLOTH in a different way... It's business, just every day business but dressed up through PR in a way that the masses can understand and club are all the better for being seen as spending money. But after all said and done it was a deal Reading would not have completed using hard cash... Antonio paved the way for this deal to happen. Personally I think Coxy will do well for us this time around. I hope Mackie shows some end product for all his endless running and hard work, time will tell. But the bottom line is this deal is lazy and at little cost or imagination to the club or its manager.Reading FC board MUST DO BETTER!

So the signings are fine, but you wish the club had paid more rather than negotiating a mutually beneficial deal? Drivel.

Could not agree more....what an idiotic thing to say!!!!

[Oilroyal]

Everyday business deals are done something like this, Wednesday negotiate a deal to sell Antonio to Forest. Forest make an offer but Wednesday say it's not enough due to a sell on clause payable to Reading. Forest contact Reading to negotiate a deal to sign over Coxy (valued at £600,000 -"cough") and a season long loan for Mackie if Reading forego Antonio's sell on fee. Reading not wanting to spend CASH agree to the the deal for the 2 unwanted Forest players as payment for their contracted sell on fee/clause. Forest submit the deal to Wednesday highlighting their offer is now acceptable to Wednesday due reading CUTTING THE CLOTH in a different way... It's business, just every day business but dressed up through PR in a way that the masses can understand and club are all the better for being seen as spending money. But after all said and done it was a deal Reading would not have completed using hard cash... Antonio paved the way for this deal to happen. Personally I think Coxy will do well for us this time around. I hope Mackie shows some end product for all his endless running and hard work, time will tell. But the bottom line is this deal is lazy and at little cost or imagination to the club or its manager.Reading FC board MUST DO BETTER!

So the signings are fine, but you wish the club had paid more rather than negotiating a mutually beneficial deal? Drivel.

Signings are ok, but I'm just trying to say or drivel that no money changed hands yet we're told in every other news snippet that we've singed 5 players. I my book we've raised 10 million pound (say it out loud) and yet invested next to jack. Who are these new owners, can anyone tell me please?

[Martin41]

Why does it matter if no money changed hands, signings are signings!! By the way I don't believe no money changed hands.
Let's spend loads of money and be back where we were! Throwing money around guarantees nothing.
New owners , we all need to just wait.......

[Oilroyal]

Callum Wilson... Signings are signings.