TAKEOVER *NOT* CONFIMRED

[Forbury Lion]

The positive - at least it seems to be being done "correctly" and whilst it is taking time now, this may speed up the EFL checks as the work has already been done to prove funds etc.

The negative - What if these checks can't prove that any of the bidders have the requisite funds, or readily available funds?

I think it's being done so that Dai gets his money, he won't want to sell to someone who can't afford to pay him

[windermereROYAL]

It can only be a good thing that due diligence is taking place, it`s the most positive news we`ve had since this whole sorry saga started, obviously no guarantee any of them will pass the test and with the end of the season only two and a half months away it probably needs to get a move on with contract talks needed to be started soon after.

[Stranded]

The positive - at least it seems to be being done "correctly" and whilst it is taking time now, this may speed up the EFL checks as the work has already been done to prove funds etc.

The negative - What if these checks can't prove that any of the bidders have the requisite funds, or readily available funds?

I think it's being done so that Dai gets his money, he won't want to sell to someone who can't afford to pay him

That will be part of it but Howe has worked closely with the EFL so knows the checks they will need to do, so a lot of this will be getting ahead of those, so that their checks are much more sttaightforward.

[blythspartan]

Having just read a long article about 777’s takeover of Everton, I am happy for ours to take as long as it takes. We just have to hope that Howe gets this one right. I know we were once linked with 777 (probably bollox), but they all sound like a bunch of crooks who desperately need to own Everton and get their hands on their new stadium.

I just hope in a couple of years time we aren’t saying the current owners are worse than Dai. I miss the days of people like Sir John and Dave Whelan owning football clubs.

[traff]

WBA takeover appears to have been completed for a reported £60m. Potentially, it could be a Premier League team again next year.
What does that indicate about Reading's value, £30m seems to be banded around.
Do we know what the 75% purchased by Dai You **** went for?

[WestYorksRoyal]

WBA takeover appears to have been completed for a reported £60m. Potentially, it could be a Premier League team again next year.
What does that indicate about Reading's value, £30m seems to be banded around.
Do we know what the 75% purchased by Dai You **** went for?

It's so hard to compare. Don't WBA have a load of debt from third parties which presumably the new owner will be taking on? Which is in effect an increase in price. Whereas our debt is to Dai. Realistically our price is £1 plus whatever amount of the c. £120m the club owes Dai the new owner agrees to pay, which is rumoured to be £30m.

No point comparing deals for which we don't know the details. Plus, it's hardly like WBA are on the verge of the PL. Southampton or Leeds will be big favourites for the playoffs, and WBA will be struggling with FFP if they don't go up this season. Realistically it's a rebuild job for the new owner with an outside chance of promotion this year. They're still worth more than us, but anyone who is willing to value them as a too Championship club is an idiot based upon what they'll be inheriting. Perhaps their buyer is an idiot. Perhaps we'll be bought by an idiot who allows Dai to pull their pants down in negotiations. So many variables which makes drawing comparisons meaningless.

[Lower West]

The £60 million is to buy a 87.8% in the club, Not a pure takeover. As the current owner retains a diluted stake. Only the annual accounts will reveal the extent to which money that he has already lent the club will be written off. Another individual who has sunk some £200 million of cash into a fantasy project.

[Ascotexgunner]

WBA takeover appears to have been completed for a reported £60m. Potentially, it could be a Premier League team again next year.
What does that indicate about Reading's value, £30m seems to be banded around.
Do we know what the 75% purchased by Dai You **** went for?

It's so hard to compare. Don't WBA have a load of debt from third parties which presumably the new owner will be taking on? Which is in effect an increase in price. Whereas our debt is to Dai. Realistically our price is £1 plus whatever amount of the c. £120m the club owes Dai the new owner agrees to pay, which is rumoured to be £30m.

No point comparing deals for which we don't know the details. Plus, it's hardly like WBA are on the verge of the PL. Southampton or Leeds will be big favourites for the playoffs, and WBA will be struggling with FFP if they don't go up this season. Realistically it's a rebuild job for the new owner with an outside chance of promotion this year. They're still worth more than us, but anyone who is willing to value them as a too Championship club is an idiot based upon what they'll be inheriting. Perhaps their buyer is an idiot. Perhaps we'll be bought by an idiot who allows Dai to pull their pants down in negotiations. So many variables which makes drawing comparisons meaningless.

I think WBA have to go up.....otherwise they are facing FFPcharges.....Forest are another.....if they come back down they face charges. I only hope the EFL treat them like they treated us.....12 points or 6 points and an impossible budget imposed. I can't believe we are the only ones who have broken these rules......

[traff]

WBA takeover appears to have been completed for a reported £60m. Potentially, it could be a Premier League team again next year.
What does that indicate about Reading's value, £30m seems to be banded around.
Do we know what the 75% purchased by Dai You **** went for?

It's so hard to compare. Don't WBA have a load of debt from third parties which presumably the new owner will be taking on? Which is in effect an increase in price. Whereas our debt is to Dai. Realistically our price is £1 plus whatever amount of the c. £120m the club owes Dai the new owner agrees to pay, which is rumoured to be £30m.

No point comparing deals for which we don't know the details. Plus, it's hardly like WBA are on the verge of the PL. Southampton or Leeds will be big favourites for the playoffs, and WBA will be struggling with FFP if they don't go up this season. Realistically it's a rebuild job for the new owner with an outside chance of promotion this year. They're still worth more than us, but anyone who is willing to value them as a too Championship club is an idiot based upon what they'll be inheriting. Perhaps their buyer is an idiot. Perhaps we'll be bought by an idiot who allows Dai to pull their pants down in negotiations. So many variables which makes drawing comparisons meaningless.

I think WBA have to go up.....otherwise they are facing FFPcharges.....Forest are another.....if they come back down they face charges. I only hope the EFL treat them like they treated us.....12 points or 6 points and an impossible budget imposed. I can't believe we are the only ones who have broken these rules......

Easy to feel paranoid as the supporter of a less fashionable club. We will wait and see how else these punishments are applied to others. Guess it depends on how much appetite and money you have for expensive lawyers.
As usual, the football authorities show their true colours when it comes to £. Selling out the FA cup behind a paywall is the latest choice that says oxf*rd the fans.

[tmesis]

Selling out the FA cup behind a paywall is the latest choice that says oxf*rd the fans.

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

[traff]

Selling out the FA cup behind a paywall is the latest choice that says oxf*rd the fans.

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

Leftover scraps after "Top Picks"

[Stranded]

Selling out the FA cup behind a paywall is the latest choice that says oxf*rd the fans.

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

Leftover scraps after "Top Picks"

The "top picks" will be PL club v PL club, so if the free to air games end up being L1 v PL, then that is probably better.

[Snowflake Royal]

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

Leftover scraps after "Top Picks"

The "top picks" will be PL club v PL club, so if the free to air games end up being L1 v PL, then that is probably better.

Agreed

[tmesis]

Selling out the FA cup behind a paywall is the latest choice that says oxf*rd the fans.

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

Leftover scraps after "Top Picks"

Isn't that the same as now?

[Sutekh]

FA Cup ties will still be shown on BBC and/or ITV under the new deal.

Leftover scraps after "Top Picks"

Isn't that the same as now?

No, BBC and ITV get the top picks (i.e. whoever Man U are playing) plus all the highlights.

New deal starts in the 2025/26 season so next season will be the last under the current deal.

Under the new deal the old BT Sports (or Warner Brothers: Discovery TNT Sports as it is now) and a TBC "free to air" broadcaster (presumably BBC or ITV) will show selected matches live from the First Round Proper onwards. From the third round every game that is NOT played at 3pm on the Saturday will be televised live (that'll presumably mean a lot of "red button" and/or internet streaming options via ITVX or BBC iPlayer). The final will be televised on both TNT and the "free to air" broadcaster.

As the primary partner it is assumed that TNT will get first dibs at the ties drawn for each round.

TNT will also continue to provide live coverage of the Charity Shield, Premier League, European competitions, National League and televise the FA Youth Cup semi finals and final.

Now can we get this thread back to the Reading takeover not being confirmed?

[paultheroyal]

Crossed my mind last night and seen it being commented today but with PA belting out "three little birds" last night at half time - is that a sign?

Also, impressed how randomly everyone else joined in to sing.

[leon]

Crossed my mind last night and seen it being commented today but with PA belting out "three little birds" last night at half time - is that a sign?

Also, impressed how randomly everyone else joined in to sing.

eh?

[blythspartan]

Crossed my mind last night and seen it being commented today but with PA belting out "three little birds" last night at half time - is that a sign?

Also, impressed how randomly everyone else joined in to sing.

Yeah, I thought that too. It was a bit random but one of my favourite song's. I was thinking today that the words would have a lot of meaning to us given our current circumstances.

[windermereROYAL]

After the red card protest playing that at HT could be significant, but then again it could mean nothing, I like to clutch at straws, anything remotely hopeful I will cling on to.

[Silver Fox]

As ever we just nicked it off another club (Palace) fortunately for us it didn't inspire the opposition like it did at Selhurst