Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

[leon]

That's the one.

I miss that zany White Supremacist loon.

[Mid Sussex Royal]

So, on potential further points deductions and when they could be levied:

1. We are a day late on tax or football creditor, suspended 2 points deduction is levied, anytime between now and the end of June.
2. Wages are late, say tomorrow when next due. Given players are an expense and not a creditor this would I believe create a new offence which given usual EFL deadline of around late March for points deductions on new offences would run into next season as they'd need to go back to the independent committee.
3. We invade the pitch and cause another abandonment, 4 points off straightaway.

Anyone please correct if wrong.

[Stranded]

So, on potential further points deductions and when they could be levied:

1. We are a day late on tax or football creditor, suspended 2 points deduction is levied, anytime between now and the end of June.
2. Wages are late, say tomorrow when next due. Given players are an expense and not a creditor this would I believe create a new offence which given usual EFL deadline of around late March for points deductions on new offences would run into next season as they'd need to go back to the independent committee.
3. We invade the pitch and cause another abandonment, 4 points off straightaway.

Anyone please correct if wrong.

It's not 100% clear that it is up to the end of June, it probably is but not clear.

Wages - any missed will pretty much gurantee 4 pts off as well any invasion leading to an abandonment. so those are spot on.

[Sutekh]

So, on potential further points deductions and when they could be levied:

1. We are a day late on tax or football creditor, suspended 2 points deduction is levied, anytime between now and the end of June.
2. Wages are late, say tomorrow when next due. Given players are an expense and not a creditor this would I believe create a new offence which given usual EFL deadline of around late March for points deductions on new offences would run into next season as they'd need to go back to the independent committee.
3. We invade the pitch and cause another abandonment, 4 points off straightaway.

Anyone please correct if wrong.

It's not 100% clear that it is up to the end of June, it probably is but not clear.

Wages - any missed will pretty much gurantee 4 pts off as well any invasion leading to an abandonment. so those are spot on.

Hopefully the pittances received for Holmes and Abbey will be able to offset any shortfalls.

[Who Moved The Goalposts?]

Hopefully the pittances received for Holmes and Abbey will be able to offset any shortfalls.

If what Howe said about the monthly losses is anywhere near true, I suspect most of that is gone already.

[windermereROYAL]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

[Armadillo Roadkill]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

I think it's just his role to be an obnoxious provocateur. Not sure it's anything specifically about Reading, he's just being that way bevause it keeps people listening.

[Hendo]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

I mean every other club has to pay it on time - us deciding to pay our players before the tax man does give us a sporting advantage.

[Royals and Racers]

SKY reporting we will be docked 3 points if another match is disrupted similar to the Port Vale match.

[Sutekh]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

Yes, at the time of the late payments, the real sporting advantage of getting hammered by everyone every week

[Hendo]

SKY reporting we will be docked 3 points if another match is disrupted similar to the Port Vale match.

Slow Sports News?

That was made aware quite soon after the Port Vale match.

[windermereROYAL]

SKY reporting we will be docked 3 points if another match is disrupted similar to the Port Vale match.

Yes we knew that already, hope the kids behave themselves because that will tip us over the edge. i think it has to result in an abandonment, but I suspect the EFL would hit us anyway.

[Greatwesternline]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

Yes, at the time of the late payments, the real sporting advantage of getting hammered by everyone every week

The January transfer window was the clubs opportunity to become financially viable on a monthly basis in the absence of handouts from Dai.

Instead, the club made a business and sporting decision to keep all but three of our squad, and even added another on loan.

Results since transfer window opened:

WLLWDDWWDLWL

Much more sporting success there compared to our relegation rivals. A 3rd party observer might say Reading are gaining a continued sporting advantage compared to their competitors, by being able to maintain a superior playing squad which it can't actually afford.

[Stranded]

Hearing that that cunt Simon Jordan said on talk sport yesterday that paying our tax late gave us a sporting advantage even though we haven`t got a pot to piss in at the moment.
Not the first time he`s had a dig at us, seems to have some kind of grievance against us for the reason.

It is literally his job to rile people like your good self up to the point that you phone up to have a go at him - hopefully giving them a lovely viral clip they can share. It's Talksport, lowest common denominator radio.

Sporting Advatantage is a fairly nebulous term but the reality is - we have signed the players we have signed, those come with certain costs - we, like any club that makes a loss currently, cannot carry those costs unless the owner covers them. Our owner signed off on the players joining, knowing he most likely couldn't or wouldn't cover all required costs in good time.

Now, as it stands, and if everyone paid today, we are up to date with HMRC and wages but at the times of the key delays, the owner made a decision to delay the tax payment to ensure the players got paid. Why? Because not doing so would have:

a) seen us deducted 4pts per late payment and
b) may have seen players able to claim breach of contract and leave the club

As neither of those happened, the club did gain an advantage because we have not lost players that we did not chose to sell and we did not lose points - probably another 8 as wages were paid for 2 months where the club would not have been able to do so if it had met its HMRC liability.

So yes, we have gained an advantage as we are not in as much shit as we probably should be. Not an advantage to shout about but one nonetheless.

[WestYorksRoyal]

Thing is, hardly any professional football teams can survive without their owner so unsustainable is the pyramid. By having an owner who has lost interest and having to make cuts and sell players, we're already at a substantial disadvantage. It's not how it should, but it is. So we're simply having our disadvantage compounded by these punishments.

[Hound]

Yep, look forward to the day when all the other clubs are made to sell their best players so they aren’t at a sporting advantage but can be sustainable without owner input

Not that we would be had we sold Wing etc for a pittance. We’d just be relegated with an even worse squad. And still relying on Dai, just a few months further down the line

[Dirk Gently]

Thing is, hardly any professional football teams can survive without their owner so unsustainable is the pyramid.

That's the prevailing view, but there are a few clubs starting to challenge it through community ownership. What if the club is community owned and the members of the community put in a regular amount each month (e.g. a tenner) - add in larger sums from commercial enterprises who see value in supporting a club that's part of the community and a club can certainly survive and compete at the right level.

The problem, of course, is that they can't compete against billionaires or clubs with parachute payments, but it's certainly a model that works and one that secures the future of the team as long as the community continues to support it. And when the world runs out of idiots who are prepared to throw away their money on a football club, or the laws are changed so that rogues and chancers can't get away with it, it's a model that will become more and more popular.

[tmesis]

Much more sporting success there compared to our relegation rivals. A 3rd party observer might say Reading are gaining a continued sporting advantage compared to their competitors, by being able to maintain a superior playing squad which it can't actually afford.

And our rivals are all sticking to their budget?

[Greatwesternline]

Much more sporting success there compared to our relegation rivals. A 3rd party observer might say Reading are gaining a continued sporting advantage compared to their competitors, by being able to maintain a superior playing squad which it can't actually afford.

And our rivals are all sticking to their budget?

They are paying their bills as and when they fall due, yes.

[Sutekh]

Much more sporting success there compared to our relegation rivals. A 3rd party observer might say Reading are gaining a continued sporting advantage compared to their competitors, by being able to maintain a superior playing squad which it can't actually afford.

And our rivals are all sticking to their budget?

That's the issue with FFP, clubs could overspend and break budgets in one or two seasons so long as they manage to claw enough back in the third. Hoping the eventual fan led review thing will prompt a full review and complete change to ffp methodology across all 4 divisions so that it's consistent and clubs will get caught and done in the same season so as to avoid the total farces you get now with esp. the likes of Man City and Everton.