TAKEOVER *NOT* CONFIMRED

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SouthDownsRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 17 Dec 2023 12:38

Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 17 Dec 2023 12:45

Snowflake Royal There's not exactly much room left for ramping up.


Tennis ball stopages most home games
MPs involved and raising it in Parliament
Couple of thousand people march to game in protest
Tennis ball protest on live national TV
Digital display outside his london mansion, favourite casino, Parliament and FL headquarters.

At least very little legal that won't just make the situation worse for the club.

Should we get to a point near the end of the season and it's still not done and we're mathematically or all but mathematically down, then maybe getting games abandoned would be an option, but it seems completely counterproductive now and one of the things that would alienate the players and staff who otherwise seem pretty onboard.

If he doesn't choose to sell it's checkmate. SBWD has been a success but we're out of moves.

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Re: TAKEOVER *NOT* CONFIMRED

by morganb » 17 Dec 2023 12:46

SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become


Because...

Dai Yongge is blue and white
He hates Swindon

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 17 Dec 2023 12:48

morganb
SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become


Because...

Dai Yongge is blue and white
He hates Swindon

He's more likely a Swindon or Oxford fan from what I've seen.

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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 17 Dec 2023 13:09

SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become

It's increasingly looking like he'd rather walk away with nothing than have someone get us for a perceived low price and then show up what a terrible owner he was by instantly improving us.

I didn't buy into that before because even £10m - £20m isn't insignificant to guy who's sunk a fifth of his original fortune into us, has frozen assets and is trying to sell property.

But increasingly, with things going nowhere, and there seeming few alternatives I don't see much other explanation.


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Re: TAKEOVER *NOT* CONFIMRED

by paultheroyal » 17 Dec 2023 13:51

Maybe Dai has had a change of heart, falling in love with us again, freed up some of his money and going to underpin us all again.


Stranger things have happened.

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 17 Dec 2023 13:51

SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become

If he doesn't sell the club he will still own the stadium won't he. Not sure if he will own the training ground. I fully expect him to pull all funding for RFC next season, and as the club will not be able to prove they have funding to see them through the season, the club will have to resign from the EFL. He will then have a stadium where he can put on concerts etc, If he does still own the training ground I am sure he will find another use for it, or sell it. It would be his way of saying "Up yours, all you fans who wanted me out".

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 17 Dec 2023 13:52

I do fear the club hollowing out quite quickly if it becomes apparent he's staying. Selles will stay as he won't get a better offer, but the playing staff won't want to renew contracts, while non playing staff will surely think there are better career opportunities elsewhere. I'd include Bowen and Carey in this who I think have done a decent job in difficult circumstances. It may even include legends like Hunt and Leigertwood who start to question the value of their work while the club is being ruined at the top. We have a lot of good non playing staff at the club who are probably holding out for better times under a new owner. Take away that hope and watch them leave.

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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 17 Dec 2023 13:55

The Royal Forester
SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become

If he doesn't sell the club he will still own the stadium won't he. Not sure if he will own the training ground. I fully expect him to pull all funding for RFC next season, and as the club will not be able to prove they have funding to see them through the season, the club will have to resign from the EFL. He will then have a stadium where he can put on concerts etc, If he does still own the training ground I am sure he will find another use for it, or sell it. It would be his way of saying "Up yours, all you fans who wanted me out".

It does seem slightly odd that despite being one of the best supported teams in the division, we still can't compete with clubs getting crowds half the size.

I guess the academy must cost a fair bit, but I wonder what our projected loss this season is.


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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 17 Dec 2023 14:08

paultheroyal Maybe Dai has had a change of heart, falling in love with us again, freed up some of his money and going to underpin us all again.


Stranger things have happened.

None spring to mind.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 17 Dec 2023 14:10

tmesis
The Royal Forester
SouthDownsRoyal Why doesn’t dai just sell up and walk away

What is he getting out of this? The longer it drags on and the worse our situation becomes the less attractive we become

If he doesn't sell the club he will still own the stadium won't he. Not sure if he will own the training ground. I fully expect him to pull all funding for RFC next season, and as the club will not be able to prove they have funding to see them through the season, the club will have to resign from the EFL. He will then have a stadium where he can put on concerts etc, If he does still own the training ground I am sure he will find another use for it, or sell it. It would be his way of saying "Up yours, all you fans who wanted me out".

It does seem slightly odd that despite being one of the best supported teams in the division, we still can't compete with clubs getting crowds half the size.

I guess the academy must cost a fair bit, but I wonder what our projected loss this season is.

Our stadium is bigger than most, our training ground and Academy are second to none.

Plus we have the equivalent of another 4/5 L1 players sat doing oxf*rd all in the shape of Ovie Ejaria, on top of an otherwise already big squad.

Plus we're probably still paying off wages for a couple of ex managers and several ex players.

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Re: TAKEOVER *NOT* CONFIMRED

by Ascotexgunner » 17 Dec 2023 16:04

Sutekh Let's just start a Reading United phoenix club now and have done with it. Start now and could get membership of a local league in time to start for 24-25. Anything's better than letting this * carry on destroying whatever little hope there is every so often.

Either that or mix in with Reading City as they've already got a place in the pyramid.


I was going to say Reading Town in the Hellenic league but remembered that they went out of business a couple of years ago.
Think their owners shut them down.

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 17 Dec 2023 16:17

Could always be Reading Borough. Be more correct than Reading City.


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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 17 Dec 2023 16:28

Definitely starting to feel Dai has no interest in selling. He was hardly rushing to sell us in the first place, looking for ‘new investment’

It is odd as he must be losing money each month on us, not just the falling value. You’d think he’d just want rid rather than it just dragging on with no resolution in sight

I wouldn’t be wholly surprised though if he did just keep hold of us and fund us but just a much lower level. Once Ejaria off the books, can’t see our wage bill is especially high and we might be able to make a few million in sales

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 17 Dec 2023 16:44

Hound Definitely starting to feel Dai has no interest in selling. He was hardly rushing to sell us in the first place, looking for ‘new investment’

It is odd as he must be losing money each month on us, not just the falling value. You’d think he’d just want rid rather than it just dragging on with no resolution in sight

I wouldn’t be wholly surprised though if he did just keep hold of us and fund us but just a much lower level. Once Ejaria off the books, can’t see our wage bill is especially high and we might be able to make a few million in sales

I'm just not convinced he has any strategy at all to be honest. Sale negotiations just another game for him.

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Re: TAKEOVER *NOT* CONFIMRED

by Clyde1998 » 17 Dec 2023 18:24

The Royal Forester Could always be Reading Borough. Be more correct than Reading City.
I think it should be Reading Wonderers - as we all wonder why we're even bothering anymore.

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Re: TAKEOVER *NOT* CONFIMRED

by Ascotexgunner » 17 Dec 2023 20:21

Clyde1998
The Royal Forester Could always be Reading Borough. Be more correct than Reading City.
I think it should be Reading Wonderers - as we all wonder why we're even bothering anymore.


Reading Casuals.

Seems to be like our attitude late in games.

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Re: TAKEOVER *NOT* CONFIMRED

by bcubed » 17 Dec 2023 20:34

Reading Biscuitmen surely

Chance to reclaim the old "proper" nickname

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SouthDownsRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 17 Dec 2023 21:54

Hound
It is odd as he must be losing money each month on us, not just the falling value. You’d think he’d just want rid rather than it just dragging on with no resolution in sight



Exactly this

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 18 Dec 2023 07:55

SouthDownsRoyal
Hound
It is odd as he must be losing money each month on us, not just the falling value. You’d think he’d just want rid rather than it just dragging on with no resolution in sight



Exactly this


He is acting like a gambling addict who keeps throwing money at losing bets in the misplaced belief that the big winner is just around the corner.

So he may have this misplaced belief, that if he keeps on funding the club at the bare minimum level, at some point the tide will turn and we will start winning, getting to the PL where he can get his money back and sell on for a vastly inflated fee.

It won't happen of course but there is no logic anymore.

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