TAKEOVER *NOT* CONFIMRED

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Delboy
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Re: TAKEOVER *NOT* CONFIMRED

by Delboy » 06 Jan 2024 06:33

I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

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Re: TAKEOVER *NOT* CONFIMRED

by Orion1871 » 06 Jan 2024 09:34

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

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tmesis
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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 11:08

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.

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Re: TAKEOVER *NOT* CONFIMRED

by PieEater » 06 Jan 2024 12:46

tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

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Re: TAKEOVER *NOT* CONFIMRED

by Ten Bobsworth » 06 Jan 2024 13:10

Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


I think he's trying to cut his losses whilst trying to find some other Pollyanna with money to burn.
I have no doubt that Reading have supporters that can read a balance sheet? Do any of them ever post on this site?


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Re: TAKEOVER *NOT* CONFIMRED

by Royal_jimmy » 06 Jan 2024 13:46

I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.

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Re: TAKEOVER *NOT* CONFIMRED

by Franchise FC » 06 Jan 2024 17:09

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tmesis
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!

Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

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tmesis
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Re: TAKEOVER *NOT* CONFIMRED

by tmesis » 06 Jan 2024 17:35

Franchise FC
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tmesis Nobody other than Dai can put the club into administration.


True but any creditor can start liquidation proceedings to get their money, and we must have a lot of suppliers with unpaid bills (besides HMRC)

That won’t result in a points deduction … it would result in direct expulsion

More seriously, the league wouldn't need to expel the club if it was liquidated, as it would completely cease to exist.

History has shown that the courts are traditionally reluctant to agree to winding up orders for football clubs though.

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Lower West
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Re: TAKEOVER *NOT* CONFIMRED

by Lower West » 06 Jan 2024 18:05

Royal_jimmy I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.


The football club isn't worth anywhere near £20m though.


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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:20

Orion1871
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:25

Lower West
Royal_jimmy I'm fed up of hearing shit around Dai not being able to get money out of China, of course he can get money here. He just wants to screw us fans over after embarrassing him with these protests. The man is a pcunt. To be fair he's lost £200m which he's deserved to lose for being so reckless so he's now cutting his losses and hopes some mug will pay over the odds for the club. He should just accept £20m and go.


The football club isn't worth anywhere near £20m though.

It is, if it includes the Stadium and/or Training Ground.

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Re: TAKEOVER *NOT* CONFIMRED

by Royal_jimmy » 06 Jan 2024 18:30

The Royal Forester
Orion1871
Delboy I think our overheads were too high for a division one club, think Dai is trying to get us to break even as he can not get funds out of china. This would avoid administration whilst a sale takes place - hopefully!


He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 06 Jan 2024 18:59

Royal_jimmy
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Orion1871
He can get funds out of China. He's a lying piece of shit.

But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).


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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 07 Jan 2024 13:19

The Royal Forester
Royal_jimmy
The Royal Forester But he can't get money out of china. Unless, of course, it is a china dog moneybox.


Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 07 Jan 2024 14:14

Snowflake Royal
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Hes bought more assets in the UK recently so yes he can. He's just a prick

There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

You still not do get it do you? Let me explain that China is a Country, whilst china (as the original poster in this exchange, put it) is an article made from clay and other items. Maybe my attempt at humour is way beyond your abilities to realise. I promise that I will try to lower my expectation of what some nobbers can see as humour in future. It is unbelievable naive not to be able to see the difference between a capital and lower case letter, mate. Didn't the reference to a china dog moneybox give you a clue?

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Snowflake Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 07 Jan 2024 14:26

The Royal Forester
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The Royal Forester There is a difference between China and china, you know. So no he can't. (unless it's from a china dog moneybox).

He obviously can, because of all the times he has paid, late or on time. And it's not like the payment dates are surprises that he can't plan around delays for.

Not to mention its unbelievably naive to think he's left all his wealth in China.

You still not do get it do you? Let me explain that China is a Country, whilst china (as the original poster in this exchange, put it) is an article made from clay and other items. Maybe my attempt at humour is way beyond your abilities to realise. I promise that I will try to lower my expectation of what some nobbers can see as humour in future. It is unbelievable naive not to be able to see the difference between a capital and lower case letter, mate. Didn't the reference to a china dog moneybox give you a clue?

I certainly noticed some attempt at humour, but I mistakenly assumed something so lame would only be an aside.

Apologies, I'll update the spreadsheet.

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Re: TAKEOVER *NOT* CONFIMRED

by The Royal Forester » 07 Jan 2024 14:36

As someone (very much) younger than me would say, "Yeah. whatever!"

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Re: TAKEOVER *NOT* CONFIMRED

by Extended-Phenotype » 07 Jan 2024 15:20

Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.

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Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 07 Jan 2024 15:59

Extended-Phenotype Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.


Hi EP. How’s things

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Re: TAKEOVER *NOT* CONFIMRED

by Pepe the Horseman » 07 Jan 2024 15:59

Extended-Phenotype Coming out of retirement to cast my nomination for “banter you’d most like to have electro-shocked from your memory”.

WB x

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