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by Elm Park Kid
08 Jul 2020 10:20
Forum: Club Policies
Topic: Reading FC 2018/19 accounts
Replies: 22
Views: 2661

Re: Reading FC 2018/19 accounts

I'm not an expert - but my understanding is that:

The issuing of shares to convert owner debt is purely an accountancy practice and has no impact on the 'real' finances of the club or FFP.

We've still lost exactly the same amount, it's just the way that lose is financed has been changed.
by Elm Park Kid
02 Jul 2020 22:56
Forum: The Team
Topic: Record Watch 2019/20
Replies: 115
Views: 15621

Re: Record Watch 2019/20

The club clearly thinks the Prem counts towards their record :

https://twitter.com/ReadingFC/status/12 ... 87840?s=19
by Elm Park Kid
22 Jun 2020 10:17
Forum: The Team
Topic: Obita new contract
Replies: 50
Views: 3149

Re: Obita new contract

If money was less of an issue then, yes, of course you'd want to have Obita in the squad than not. But we have to make a lot of very tough decisions if we want to recover from the embarrassment that was our last set of company accounts. It might be the case that Obita has a very good agent who is pu...
by Elm Park Kid
21 Jun 2020 21:54
Forum: The Team
Topic: Record Watch 2019/20
Replies: 115
Views: 15621

Re: Record Watch 2019/20

If Liverpool beat the 106 total then we won't be able to go on about it any more without looking like idiots. It's as simple as that. Sure, we still have the EFL record - but it's embarrassing to talk about a record that another team beat in 8 fewer games.
by Elm Park Kid
20 Jun 2020 08:53
Forum: The Team
Topic: Obita new contract
Replies: 50
Views: 3149

Re: Obita new contract

We should have bite the bullet 2-3 years ago and spent the money to buy a proper replacement - especially give we have so few options in that position.
by Elm Park Kid
06 May 2020 15:15
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

Edit - I suppose that Brexit does give us the opportunity to create some new migration rules preventing players from leaving. How could any migration rules stop people from leaving ? It's the receiving country that have the sole jurisdiction on migration There are several historical and a few curre...
by Elm Park Kid
06 May 2020 13:01
Forum: Club Policies
Topic: Season Ticket Refund?
Replies: 120
Views: 13175

Re: Season Ticket Refund?

If players are expecting the club to honour their contracts 100% then why shouldn't fans expect all refunds/compensation legally entitled to them? Otherwise you have a situation where the poorest in society are subsidising the richest. Nothing bad is going to happen to the club if fans ask for their...
by Elm Park Kid
04 May 2020 09:26
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

its an odd one that 7k limit. I can see the benefits, but how does it work if a team gets relegated from the Premier, and a player is on 50k a week? Also, if any sort of normality is returned, nearly all players will be on 7k. Where is the motivation to push yourself for a bigger wage? Or will bonu...
by Elm Park Kid
03 May 2020 19:45
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

I did mention a wage cap earlier in this thread & someone said it was a stupid idea. Now the EFL are talking about it. Maybe it wasn’t such a bad idea after all...! I don’t think it’s the case that players will shoot off to other European leagues, as most likely wholesale changes to wage struct...
by Elm Park Kid
03 May 2020 19:32
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

If we have a £7k salary cap then Championship sides will find it almost impossible to keep hold of decent players. They will all insist on short-term contracts so they can move on to the PL or European leagues the moment they can raise some interest. Also, players will insist on strict relegation re...
by Elm Park Kid
11 Apr 2020 21:30
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

Personally, I'm not ok with cicumnavigating the rules, or running up ludicrous debt. Except we don’t have any meaningful debt (the sort that gets you wound up by HMRC) and we’ve not circumvented rules. If we had circumvented them we would be in trouble. We’ve found ways to organise our finances so ...
by Elm Park Kid
08 Apr 2020 18:59
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

I would make the following points. 1. The income that most teams can raise from normal Championship football activities is pretty low. Unless you are a 'big club', who can get large attendances and a lot of commercial income, your revenue is going to stay under £20m. 2. It's possible to get promoted...
by Elm Park Kid
07 Apr 2020 10:27
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

Moore being given a bumper contract for being refused permission to go to Brighton is looking absolutely insane now. How much must he be on? £30k a week? More? We could have got £8m for him, instead we've paid out how many to him? Mannone was reportedly on big money. Aluko will have been on a huge ...
by Elm Park Kid
07 Apr 2020 08:58
Forum: The Team
Topic: Finance
Replies: 380
Views: 66226

Re: Finance

These sort of figures aren't that surprising in the Championship. Almost all of the league is losing money, and the bigger clubs pushing for promotion are losing fortunes. There's a podcast called 'Price of Football' where they've discussed this a few times. Our recent low attendances and pretty poo...
by Elm Park Kid
19 Mar 2020 17:40
Forum: Club Policies
Topic: Royal Elm Park
Replies: 564
Views: 110812

Re: Royal Elm Park

I have only ever parked at the Mad Stad once - for a league cup game - and it took over an hour to get out of the car park. I've either parked nearby and walked, gone to one of the pubs that run a football service or got dropped off. Not sure why it's an issue for the average person to park away fro...
by Elm Park Kid
17 Mar 2020 13:11
Forum: The Team
Topic: Coronavirus outbreak
Replies: 1117
Views: 155400

Re: Coronavirus outbreak

karbota
SCIAG
Snowball
All the mass deaths are under Tory Governments or Tory Leaders?

Hmm.

WWII was the Tories.

That's where it breaks down though as WWI and the subsequent flu were under the Liberals.

The Black Death was almost certainly Jeremy Corbyn's fault.


Definitely Dianne Abbots.


Racist!
by Elm Park Kid
03 Mar 2020 22:36
Forum: The Team
Topic: MATCHWATCH : Sheffield United (h) sponsored by the magic of the cup
Replies: 265
Views: 20913

Re: MATCHWATCH : Sheffield United (h) sponsored by the magic of the cup

We play some good football, shame we can't convert it into more chances.

Nevermind - when does the season start up again? First weekend of August I guess? See you all then.
by Elm Park Kid
29 Feb 2020 17:21
Forum: The Team
Topic: MATCHWATCH : Barnsley (h) sponsored by hopeless at home
Replies: 211
Views: 14454

Re: MATCHWATCH : Barnsley (h) sponsored by hopeless at home

So we bounce right back AND Wigan prove that they are the in-form team right now.

Maybe not so much 'Bowen Out' after all . . . . . . . .
by Elm Park Kid
27 Feb 2020 14:31
Forum: The Team
Topic: Bowen Out.
Replies: 318
Views: 24298

Re: Bowen Out.

This is the way I see it: You're sick so you go to the doctor. He gives you some medicine and tells you it takes 7 days to work. Day one of taking it you feel better. Day two you feel worse. Day three you throw the tablets in the bin and ask the doctor for something else. You then repeat that cycle ...
by Elm Park Kid
27 Feb 2020 13:43
Forum: The Team
Topic: Bowen Out.
Replies: 318
Views: 24298

Re: Bowen Out.

If Bowen goes, what next? Surely it's time the focus is on the squad? We have been in this pattern for the last few seasons and a lot of the current squad have been part of the malaise. Manager comes in, form picks up, we look half decent at times, move up the table a bit then the player appear to ...
It is currently 08 Jul 2020 11:36