by RG30 » 07 Mar 2024 09:37
by WestYorksRoyal » 07 Mar 2024 09:43
by Sutekh » 07 Mar 2024 10:16
by PieEater » 07 Mar 2024 10:52
blythspartanStranded On another note - the news over the past few days - there are 2 readings into it
1. The club truly is utterly screwed and money will definitely run out in the next couple of weeks unless they can source funding or
2. This is all part of a plan to try and get some momentum going. Over the past few days, Howe goes on a podcast and gives a relatively optimistic view of things - process moving forward (but slowly) and hoping to deliver something by end of March/April time. Puts a deadline out in the open.
He then asks a trusted colleague, who a lot of fans do like/trust (not all but most) to put out a statement via the official site, thanking fans for patience, making it clear again there are interested parties but some are more interested in the real estate. This pushes out the message that this is about the club but look at what you get with it - nice stadium and incredible facilities.
Finally, use the channel you've created with a fan group and (either with or without their agreement) push the narrative that the club literally has no money left and needs investment urgently. This could have the impact of letting prospective owners know that if they don't move fast then the club will be gone and that lovely real estate wil suddenly not be worth anywhere near as much - and redevelopment of either may not realistically be a possibility for any other use than it currently has.
So yeah, it's probably 1 but if there is a deal "close" but taking a while to get final things in place, the the above could create the urgency needed. But probably not and we'll all be either enjoying the delights of Combined Counties football or be done with it next season.
A good post as always Stranded.
by blythspartan » 07 Mar 2024 11:21
by Stranded » 07 Mar 2024 11:24
blythspartan I just bought myself my first Reading shirt for many years. It was a bargain £22 from Kitbag and it might be our last ever one.
by Snowflake Royal » 07 Mar 2024 15:57
by Sutekh » 07 Mar 2024 16:54
Snowflake Royal I suspect if we fold, I'll bung some money at a phoenix and then quickly give up as its not the same and a shit level. Then watch a few Cambridge games before deciding a step down isn't any better and just give up entirely on football.
by Mid Sussex Royal » 07 Mar 2024 18:35
WestYorksRoyal Probably a mix of both. I suspect things were just as dire in the autumn, we know SCL had to step in and we had a mix of late wage payments, HMRC defaults and suppliers leaving. The difference now is we have the suspended EFL penalty.
But I also wonder if in the autumn there was optimism that the club would be sold shortly and more patience, whereas now everyone is sick to the back teeth and these noises are being released to force the issue.
So it's dire, but it has been all season.
by WestYorksRoyal » 07 Mar 2024 18:45
Mid Sussex RoyalWestYorksRoyal Probably a mix of both. I suspect things were just as dire in the autumn, we know SCL had to step in and we had a mix of late wage payments, HMRC defaults and suppliers leaving. The difference now is we have the suspended EFL penalty.
But I also wonder if in the autumn there was optimism that the club would be sold shortly and more patience, whereas now everyone is sick to the back teeth and these noises are being released to force the issue.
So it's dire, but it has been all season.
They probably were as dire in the autumn but we seemed to be able to get the money together to pay the tax and wages, except for November when there was enough to pay the players with the remaining staff paid a couple of days later.
I may be wrong but I'm pretty sure the tax has been paid on time since early autumn.
What we don't know is how far behind we got with other football creditors which could also trigger -2.
We have to hope either we get to exclusivity with the sale by the 22nd, or hope we somehow cobble the money together again.
by Elm Park Kid » 07 Mar 2024 19:44
Stranded On another note - the news over the past few days - there are 2 readings into it
1. The club truly is utterly screwed and money will definitely run out in the next couple of weeks unless they can source funding or
2. This is all part of a plan to try and get some momentum going. Over the past few days, Howe goes on a podcast and gives a relatively optimistic view of things - process moving forward (but slowly) and hoping to deliver something by end of March/April time. Puts a deadline out in the open.
He then asks a trusted colleague, who a lot of fans do like/trust (not all but most) to put out a statement via the official site, thanking fans for patience, making it clear again there are interested parties but some are more interested in the real estate. This pushes out the message that this is about the club but look at what you get with it - nice stadium and incredible facilities.
Finally, use the channel you've created with a fan group and (either with or without their agreement) push the narrative that the club literally has no money left and needs investment urgently. This could have the impact of letting prospective owners know that if they don't move fast then the club will be gone and that lovely real estate wil suddenly not be worth anywhere near as much - and redevelopment of either may not realistically be a possibility for any other use than it currently has.
So yeah, it's probably 1 but if there is a deal "close" but taking a while to get final things in place, the the above could create the urgency needed. But probably not and we'll all be either enjoying the delights of Combined Counties football or be done with it next season.
by blythspartan » 08 Mar 2024 07:37
by leon » 08 Mar 2024 08:23
blythspartan I did my bit yesterday although it’s probably pointless. I ended up buying 3 home shirts, a couple of tickets for each remaining home game ( I couldn’t see Blackpool) for 2 good mates who can’t afford to go these days and some stuff I don’t really need. If we end up being liquidated that’s me done with football for good.
by East Grinstead Royal » 08 Mar 2024 08:39
by Snowflake Royal » 08 Mar 2024 08:44
by bcubed » 08 Mar 2024 08:45
leonblythspartan I did my bit yesterday although it’s probably pointless. I ended up buying 3 home shirts, a couple of tickets for each remaining home game ( I couldn’t see Blackpool) for 2 good mates who can’t afford to go these days and some stuff I don’t really need. If we end up being liquidated that’s me done with football for good.
yeah I might start going to watch Hampton and Richmond every so often with my boy but I'll be done with football as well
by WestYorksRoyal » 08 Mar 2024 08:57
by Stranded » 08 Mar 2024 09:11
WestYorksRoyal I think once people come to terms with anger and grief, there will be decent support for a phoenix club. Look at what AFC Wimbledon have achieved as a fan owned club and tell me you wouldn't enjoy the ride. I work with colleagues who support Halifax and Darlington who have a great time following their phoenix clubs.
Of course, these clubs had an advantage that there was a stadium available. But I'm sure we'd be creative and find solutions.
by From Despair To Where? » 08 Mar 2024 09:39
by Orion1871 » 08 Mar 2024 09:45
Sutekh Has a phoenix club process been started or shall we just turn up for Reading City next season?
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