Dai Yongge Out

[Lower West]

I wonder if Dai reads hobnob

As far as I am aware doesn't speak or read English. Hence the translator at CEO.

[SouthDownsRoyal]

I wonder if Dai reads hobnob

As far as I am aware doesn't speak or read English. Hence the translator at CEO.

Surely he can use Google translate

[SCIAG]

The window that got us especially deep in the shit (signing Puscas) was four years ago.

Protesting now that we shouldn’t have signed Puscas or Aluko and should have sold Moore or whatever is just dumb. The horse has not only bolted, but sired wild offspring, died, and been picked clean, and nothing you do to the stable door is going to change that.

I actually think Dai is less likely to make the same mistake again than a new owner would be.

[Lower West]

I wonder if Dai reads hobnob

As far as I am aware doesn't speak or read English. Hence the translator at CEO.

Surely he can use Google translate

Why would he bother? Has a business empire to run.

[tmesis]

I actually think Dai is less likely to make the same mistake again than a new owner would be.

He did pretty much exactly the same at his Belgian club before folding them, and wasted a huge amount on his chinese club, before folding them.

His track record isn't great. He's also a gambler so it wouldn't surprise me in the slightest to see him throwing money at the problem again, probably with similar results.

The sad thing is that in many ways he's just the kind of owner fans wanted - one happy to spend on the team. He's just so utterly useless at it though.

[blythspartan]

I actually think Dai is less likely to make the same mistake again than a new owner would be.

He did pretty much exactly the same at his Belgian club before folding them, and wasted a huge amount on his chinese club, before folding them.

His track record isn't great. He's also a gambler so it wouldn't surprise me in the slightest to see him throwing money at the problem again, probably with similar results.

The sad thing is that in many ways he's just the kind of owner fans wanted - one happy to spend on the team. He's just so utterly useless at it though.

I can’t say I am happy with Dai’s ownership of the club and maybe we could find much better owners and the fans could be involved in the due diligence process.

However, he made sure players and staff were paid through the difficult covid period and love him or hate he’s kept the club afloat and delivered Bearwood.

It’s possible that he might write off the debt and we can start again with new owners debt free. He could put us into administration but not sure if 10 or 20 pence in the pound would make much difference to him tbh.

It’s all an unknown but I’d like to see him correct the mess he’s made and come out and talk to supporters through an interpreter and convince us that he’s learned from his past mistakes. The last few years have been terrible and if Dai and Bowen etc. can reset the club in League One, get the recruitment right and be open and honest with supporters we could have a promising future.

[andrew1957]

Whether we like it or not supporting the current owner is our best shot at making a comeback in the next few years. Relegation is now almost assured and I just don’t see that we are an attractive option to any new buyer if we are in League 1.

Mr Dai has made a mess of things but as others have said that was a few years back and since then he has kept the club afloat and built the new Academy. I hope he stays, has learned from his errors of a few years ago and brings success back for the club

Probably the only other alternate Iis for him to cut his losses and fold the club. Do any of us really want that outcome? It’s a long road back from Tier 8 or 9.

[Royal_jimmy]

I really don't like our owner. I'll be angry if he doesn't acknowledge the fans with some sort of statement once we're confirmed to have dropped

[SouthDownsRoyal]

As far as I am aware doesn't speak or read English. Hence the translator at CEO.

Surely he can use Google translate

Why would he bother? Has a business empire to run.

He may be interested what the fans think.

[Archer]

As long as he continues to surround himself with the characters he’s surrounded himself with things will never change. We’re a club run by a football agent, who puts his own interests above all else.

[From Despair To Where?]

I hate threads like this because it's not like a shit manager who you can sack off, you can't exactly draw up a list of candidates.

Also? lets also be honest the last three ownership changes have more than proved that the grass isn't always greener. Our best hope is that he has learnt from his mistakes.

[Snowflake Royal]

Thais were fine. Sorted out the Vibrac debacle and began getting finances under control before the current clown came in and pissed us up the wall on bollox.

[genome]

Leaving immediately after Wigan scored isn't a great look.

[From Despair To Where?]

Thais were fine. Sorted out the Vibrac debacle and began getting finances under control before the current clown came in and pissed us up the wall on bollox.

...and yet couldn't sell up quick enough once they'd separated the land from the club.

Being better than Zingarevich isn't a glowing reference.

[Royal_jimmy]

Thais were fine. Sorted out the Vibrac debacle and began getting finances under control before the current clown came in and pissed us up the wall on bollox.

...and yet couldn't sell up quick enough once they'd separated the land from the club.

Being better than Zingarevich isn't a glowing reference.

The Thai's were asset strippers in truth

[Royal_jimmy]

Leaving immediately after Wigan scored isn't a great look.

Shocking, it's his fault we're in this position in the first place

[Snowflake Royal]

Thais were fine. Sorted out the Vibrac debacle and began getting finances under control before the current clown came in and pissed us up the wall on bollox.

...and yet couldn't sell up quick enough once they'd separated the land from the club.

Being better than Zingarevich isn't a glowing reference.

Selling isn't being a bad owner.

[Royal_jimmy]

Kia Joorabchian was again in attendance yesterday, wtaf!! I don't want to see that man in Reading even again.

[From Despair To Where?]

Thais were fine. Sorted out the Vibrac debacle and began getting finances under control before the current clown came in and pissed us up the wall on bollox.

...and yet couldn't sell up quick enough once they'd separated the land from the club.

Being better than Zingarevich isn't a glowing reference.

Selling isn't being a bad owner.

Separating the land from the club then selling the club aren't the actions of a good owner. Yes they rescued us from the TSI shambles but it was clear from day 1 they didn't really have any money to invest.

I'm not trying to judge who was a better owner than the other, Just that since 2012, none of our owners have ultimately operated in the best interests of the club.

A cobbled together consortium of businessmen scraping together the funds to buy the club, undertaking a land grab then selling up to the first person to come sniffing around may be better than a fantasist spending daddy's money or an oligarch pissing money up a wall but I wouldn't describe them as "fine". They had fcuk all money.

[ILoveMoonPig]

To be fair, I'm gonna give dai the benefit of doubt. If I didn't know much about English football and someone who used to work for Manchester United comes along and offers some consulting work, I'd probably l trust them.

If the consultant says I need £x million to get promoted and I had an entire state government backing any debt I accrued, I'd probably invest heavily too.

We started to get into trouble when AZ's gamble to stay in the PL didn't pay off. Given the money at stake, you could easily argue it was a reasonable gamble.

it feels like the Thai consortium were more business people than sports owners. I think they had big plans for the area around the ground but didn't really know how to run the club itself. I think I remember them saying they hadn't realised how cripplingly expensive running a football club was?

And dai trusted the wrong people to set the ship steady again and with foreign investment rules, wanted to financially set the club up right. He just didn't understand how many vultures there are that circle clubs with money.

Really it's just been a slow decline with a few highs in between (swift, the play off final, olise, Richards etc).

It's gonna be a rough few seasons before we get something close to being manageable again. I just hope the club has enough financial/accounting clout to last that long.