TAKEOVER *NOT* CONFIMRED

[Sutekh]

So, after the club is finally sold, really looking forward to the 13 yr old trolls on tw@tter going into meLOLtdown over the lack of spending.

I have never used Twitter, but surely you can chose to ignore them ? Seems a bit like complaining about listening in to a conversation between people at the next table in the pub.

Indeed. One of the greatest advances in 21st century culture will be the realisation that twitter isn't important.

I can ignore the little ***** well enough, just that some on here pick up on it and before you know we've all got a waste of bandwidth on HNA.

On the upside HNA is, apparently, the oldest unofficial fan website in the world and even if that's not true the site itself is pretty much the best fan message board I've seen out of all 92+ clubs.

[Crusader Royal]

I have never used Twitter, but surely you can chose to ignore them ? Seems a bit like complaining about listening in to a conversation between people at the next table in the pub.

Indeed. One of the greatest advances in 21st century culture will be the realisation that twitter isn't important.

I can ignore the little ***** well enough, just that some on here pick up on it and before you know we've all got a waste of bandwidth on HNA.

On the upside HNA is, apparently, the oldest unofficial fan website in the world and even if that's not true the site itself is pretty much the best fan message board I've seen out of all 92+ clubs.

And HNA wasn’t even the original online forum for RFC fans…. Pioneering !

[Snowflake Royal]

OMFG John Redwood is buying us!!! Abandon ship!!!!!

[From Despair To Where?]

Tell him we're Welsh and we sing the national anthem before every game. That will put him off.

[Sutekh]

OMFG John Redwood is buying us!!! Abandon ship!!!!!

Bit drastic just to try and get re-elected again isn't it?

[SouthDownsRoyal]

I have never used Twitter, but surely you can chose to ignore them ? Seems a bit like complaining about listening in to a conversation between people at the next table in the pub.

Exactly. Like on hobnob people complaining about other posters, ignore if you don’t like.

What do people do when a tv programme comes on they don’t like?

What if they're unsure about the programme?

Then they get drawn in, need to know what happens next, keep watching, get disappointed, complain...

You can write into Points of view

[Lower West]

This also means that if the deal falls through for any reason, and Dai does not repay the loan, they can place us into administration or seize Bearwood to get their money back. This is Dai ceding a lot of control on the process, and a sign that he is serious about selling in my view.

The legal charge securing the funds is unlikely to include a clause allowing the invoking of admiminitration. Simply means that if the asset is sold. They get their money back. Bearwood sits in a separate solvent company. Reading FC is the insolvent company and dependent on securing external funds to enable it to continue to trade. If the deal falls apart then they'll no doubt make a decent gain on the money adavanced.

[Lower West]

This also means that if the deal falls through for any reason, and Dai does not repay the loan, they can place us into administration or seize Bearwood to get their money back. This is Dai ceding a lot of control on the process, and a sign that he is serious about selling in my view.

The legal charge securing the funds is unlikely to include a clause allowing the invoking of admiminitration. Simply means that if the asset is sold. They get their money back. Bearwood sits in a separate solvent company. Reading FC is the insolvent company and dependent on securing external funds to enable it to continue to trade. If the deal falls apart then they'll no doubt make a decent gain on the money advanced.

At least the club will remain in existant with no further points deductions. Long road ahead to rebuild it though. Bet there's frustration with progress in the months ahead.

[Brogue]

redwood

First with the news as always

viewtopic.php?f=1&t=190810&p=5477804#p5477804

[Sutekh]

redwood

[WestYorksRoyal]

The choice of name for the holding company is odd and will fuel the Bisciotti rumours. The entity is wholly owned by Chiron and Rifkind has signed the loan agreement, but why call it the same name as another leading sports investment fund? Could it be possible that Chiron have sought a partner with more resources and sporting experience? Or is the name purely a coincidence?

[Sutekh]

[Norfolk Royal]

The choice of name for the holding company is odd and will fuel the Bisciotti rumours. The entity is wholly owned by Chiron and Rifkind has signed the loan agreement, but why call it the same name as another leading sports investment fund? Could it be possible that Chiron have sought a partner with more resources and sporting experience? Or is the name purely a coincidence?

Yes, been trying to work that one out myself. It might be a total coincidence as passing off would not really be an issue for a holding company which is not trading on the name as such. Or it might be one and the same.

It's all a bit opaque really on the information so far.

[Mid Sussex Royal]

As a keen amateur astronomer, I've always known Chiron as a minor planet, similar to Pluto, frequenting the outer solar system.

Very difficult to find even with a good quality telescope...

[Mr Angry]

The choice of name for the holding company is odd and will fuel the Bisciotti rumours. The entity is wholly owned by Chiron and Rifkind has signed the loan agreement, but why call it the same name as another leading sports investment fund? Could it be possible that Chiron have sought a partner with more resources and sporting experience? Or is the name purely a coincidence?

Yes, been trying to work that one out myself. It might be a total coincidence as passing off would not really be an issue for a holding company which is not trading on the name as such. Or it might be one and the same.

It's all a bit opaque really on the information so far.

These things are never a coincidence; what are the odds of a leading sports investment fund picking as the name for a holding company a word that just happens to be the same word as another leading sports investment fund?

[Millsy]

This also means that if the deal falls through for any reason, and Dai does not repay the loan, they can place us into administration or seize Bearwood to get their money back. This is Dai ceding a lot of control on the process, and a sign that he is serious about selling in my view.

The legal charge securing the funds is unlikely to include a clause allowing the invoking of admiminitration.

Bloody hell too many big words I don't understand in this thread.

Someone wake me up when Dai has gone please.

[Franchise FC]

This also means that if the deal falls through for any reason, and Dai does not repay the loan, they can place us into administration or seize Bearwood to get their money back. This is Dai ceding a lot of control on the process, and a sign that he is serious about selling in my view.

The legal charge securing the funds is unlikely to include a clause allowing the invoking of admiminitration.

Bloody hell too many big words I don't understand in this thread.

Someone wake me up when Dai has gone please.

Enjoy your hibernation

[Esteban]

OMFG John Redwood is buying us!!! Abandon ship!!!!!

Bit drastic just to try and get re-elected again isn't it?

The Tories are absolutely in 'do whatever you can to get elected' mode. Rushi Sunak's wife's family are minted, Murthy's for our new owners?!

[SouthDownsRoyal]

redwood

Nice car

[Forbury Lion]

And HNA wasn’t even the original online forum for RFC fans…. Pioneering !

Name one older?

Think I joined on here around 1993, I was also on the Royalmail mailing list (emails) and the icq chat (messenger service)