by Angry Shed Sex » 21 Sep 2014 12:09
21 Sep 2014 12:09No he doesn't . That went to Anton when he bought in, and has now passed to the Thai's. Hopefully it's considered as an RFC asset and the sale will be ploughed back into the club.Harpers So Solid Crew wrote: he owns the current training ground, worth a lot when they build houses on it..
by West Stand Man » 21 Sep 2014 20:10
21 Sep 2014 20:10My recollection is that the MOD attempted to place a covenant on the sale to prevent the land being used for building. They may not have succeeded though?Nameless wrote:No he doesn't . That went to Anton when he bought in, and has now passed to the Thai's. Hopefully it's considered as an RFC asset and the sale will be ploughed back into the club.Harpers So Solid Crew wrote: he owns the current training ground, worth a lot when they build houses on it..
by Harpers So Solid Crew » 21 Sep 2014 20:23
21 Sep 2014 20:23Something made clear a long time ago may not be true now.....Harpers So Solid Crew wrote:This is where it goes wrong, JM owns the current training ground and RFC pay rent for it, nothing at all wrong with that. It was made clear a long time ago. The same as it was made clear that he got extra aftee promotion and rhat TSI cleared a massive ammount owed to him.
by Harpers So Solid Crew » 21 Sep 2014 21:08
21 Sep 2014 21:08by Yellowcoat » 22 Sep 2014 00:51
22 Sep 2014 00:51
by Royal Lady » 22 Sep 2014 09:02
22 Sep 2014 09:02Presumably, also may be staying on to help with the transition. Maybe until the end of the season?Royal Lady wrote:Presuming making SJM co-Chairman is just a nod to him for all he's done in the past and was part of the deal when he sold? Because he owns no part of the club now?
by Mr Optimist » 22 Sep 2014 09:58
22 Sep 2014 09:58Would have thought so, and probably more importantly provides continuity, a smoother transitional handing over of the reigns where the new owners can learn from SJM's 20+years experience.Royal Lady wrote:Presuming making SJM co-Chairman is just a nod to him for all he's done in the past and was part of the deal when he sold? Because he owns no part of the club now?
by Royal Biscuitman » 22 Sep 2014 10:42
22 Sep 2014 10:42The Chairman represents the shareholders, Once the other co-chairman is up to speed they can appoint her/him as the chairman and SJM can retire graciously.Mr Optimist wrote:Would have thought so, and probably more importantly provides continuity, a smoother transitional handing over of the reigns where the new owners can learn from SJM's 20+years experience.Royal Lady wrote:Presuming making SJM co-Chairman is just a nod to him for all he's done in the past and was part of the deal when he sold? Because he owns no part of the club now?
He ows our hearts and our eternal gratitude.Royal Lady wrote:Presuming making SJM co-Chairman is just a nod to him for all he's done in the past and was part of the deal when he sold? Because he owns no part of the club now?
by savage 4 england » 22 Sep 2014 10:46
22 Sep 2014 10:46F.uck in Ale Dave. What next?Dave-Royal wrote:good news !!! one way we going up to premiership
by tidus_mi2 » 22 Sep 2014 11:00
22 Sep 2014 11:00Unless you're RB.M Brook wrote:He ows our hearts and our eternal gratitude.Royal Lady wrote:Presuming making SJM co-Chairman is just a nod to him for all he's done in the past and was part of the deal when he sold? Because he owns no part of the club now?
by Harpers So Solid Crew » 22 Sep 2014 11:57
22 Sep 2014 11:57Or he could have put it into his printing interests.Royal Rother wrote:If he hadn't put money into the club but had it sitting in some nice investment account somewhere I wonder how much income he'd have had....
Still, he's had a helluva lot of good times through RFC so counting the financial loss would be a little
by Royal Biscuitman » 22 Sep 2014 13:09
22 Sep 2014 13:09Yes, printing (dying/dead media) or property (massive slump a few years back).Harpers So Solid Crew wrote:Or he could have put it into his printing interests.Royal Rother wrote:If he hadn't put money into the club but had it sitting in some nice investment account somewhere I wonder how much income he'd have had....
Still, he's had a helluva lot of good times through RFC so counting the financial loss would be a little
by floyd__streete » 22 Sep 2014 13:10
22 Sep 2014 13:10
by Royal Lady » 22 Sep 2014 14:21
22 Sep 2014 14:21I LOLed at the ones going "right that's it, I'm unfriending you!" Ha ha ha.floyd__streete wrote:LOL @ all the Reading fans fawning over Samrit Bunditkitsada on Facey B and then him turning out to be not involved in any case, you sycophantic bunch of fairies
by Royal Biscuitman » 22 Sep 2014 14:21
22 Sep 2014 14:21floyd__streete wrote:LOL @ all the Reading fans fawning over Samrit Bunditkitsada on Facey B and then him turning out to be not involved in any case, you sycophantic bunch of fairies
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