| Reading possible points deduction incoming on 16:41 - Sep 13 with 6132 views | Ranger_Things |
| Reading possible points deduction incoming on 16:36 - Sep 13 by Watford_Ranger |
Plenty of time to recover but that takes them to 2 points from 6 games. Not inconceivable they go down again if the players kick off if wages go unpaid. We live in hope. |
Fingers crossed. |  | |  |
| Reading possible points deduction incoming on 17:07 - Sep 13 with 6007 views | DavieQPR |
They had to pay 110% of their monthly pay roll into a Designated Account by 12th September. This was to ensure that late wages would not happen again. This they have failed to do. This could turn out a lot more serious than imagined. |  | | |
| Reading possible points deduction incoming on 17:09 - Sep 13 with 6003 views | 89_50 |
I wonder if players that joined this summer (for example, Wing), regret their decision or fully expected it. |  | | |
| Reading possible points deduction incoming on 17:14 - Sep 13 with 5965 views | kensalriser |
Not finding much schadenfreude here to be honest. This could just as easily be us. Clubs need better protection from unsuitable and inept owners. |  |
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| Reading possible points deduction incoming on 17:21 - Sep 13 with 5923 views | LazyFan |
| Reading possible points deduction incoming on 17:14 - Sep 13 by kensalriser |
Not finding much schadenfreude here to be honest. This could just as easily be us. Clubs need better protection from unsuitable and inept owners. |
Agreed.
I suspect a fire sale of whatever they have in Jan; after all, you cannot continue to run like this as people will leave as they feel insecure. Especially if even smaller clubs are sniffing about offering security and the agent jungle drums say, "This other club has monies; play here".
Does anyone think the fakes ground would make a good Ikea? Or Amazon warehouse if it's far out? At least we should have options to keep the back office staff in jobs. |  |
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| Reading possible points deduction incoming on 18:12 - Sep 13 with 5736 views | Watford_Ranger |
| Reading possible points deduction incoming on 17:09 - Sep 13 by 89_50 |
I wonder if players that joined this summer (for example, Wing), regret their decision or fully expected it. |
Football creditors get paid first when things really go tits up but that’s not helpful in the short term for someone like him probably not with loads in the bank and a mortgage to pay. Someone brighter than me will know better but I think a player could argue there’s just cause to be released from a contract but then there’s no guarantee a player at that level will be snapped up on the same money especially given he turned down our offer, low as that may have been. |  | | |
| Reading possible points deduction incoming on 19:19 - Sep 13 with 5551 views | Superhoops2808 |
| Reading possible points deduction incoming on 17:21 - Sep 13 by LazyFan |
Agreed.
I suspect a fire sale of whatever they have in Jan; after all, you cannot continue to run like this as people will leave as they feel insecure. Especially if even smaller clubs are sniffing about offering security and the agent jungle drums say, "This other club has monies; play here".
Does anyone think the fakes ground would make a good Ikea? Or Amazon warehouse if it's far out? At least we should have options to keep the back office staff in jobs. |
Not sure they will have players at this rate? No pay, then the player can walk. See Andy Carroll who I very much suspect left because of this situation |  | | |
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| Reading possible points deduction incoming on 20:17 - Sep 13 with 5423 views | Watford_Ranger |
| Reading possible points deduction incoming on 19:19 - Sep 13 by Superhoops2808 |
Not sure they will have players at this rate? No pay, then the player can walk. See Andy Carroll who I very much suspect left because of this situation |
Now rather bizarrely playing for Amiens in the French second division. | | | |
| Reading possible points deduction incoming on 09:32 - Sep 14 with 4931 views | Mytch_QPR |
The moral of this story seems to be to avoid Chinese owners. I gather that the Chinese Government aren't keen on seeing money flowing out of the country - probably less so at the moment with their economy having taken a downturn. Of course, it's possible that the state of the economy is actually the main issue - this guy made his money from owning shopping centres.
Aston Villa had a Chinese owner a few years back and he had plenty of money, but he had huge problems getting it out of China. The difference there is that the club was a saleable asset and it got sold on fairly swiftly to US owners.
For Reading, the issue is whether it's an attractive option to anyone given their league position and attendances. As others have pointed out, it could have been us. |  |
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| Reading possible points deduction incoming on 09:52 - Sep 14 with 4865 views | slmrstid |
| Reading possible points deduction incoming on 09:32 - Sep 14 by Mytch_QPR |
The moral of this story seems to be to avoid Chinese owners. I gather that the Chinese Government aren't keen on seeing money flowing out of the country - probably less so at the moment with their economy having taken a downturn. Of course, it's possible that the state of the economy is actually the main issue - this guy made his money from owning shopping centres.
Aston Villa had a Chinese owner a few years back and he had plenty of money, but he had huge problems getting it out of China. The difference there is that the club was a saleable asset and it got sold on fairly swiftly to US owners.
For Reading, the issue is whether it's an attractive option to anyone given their league position and attendances. As others have pointed out, it could have been us. |
There was once upon a time where Chinese money was flowing into football because the Government was encouraging it, before they did a complete about turn and we're in the situation we're in now.
Shows the dangers of being too close to state, a change of political whim and all of a sudden things look sticky. Could well see the same with the Saudis eventually. |  | | |
| (No subject) (n/t) on 09:12 - Sep 29 with 4256 views | RangersDave |
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| (No subject) (n/t) on 07:41 - Oct 5 with 3774 views | RangersDave |
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| Reading possible points deduction incoming on 22:42 - Oct 9 with 3363 views | loftboy |
Rumours doing the rounds that they could go into administration this month. |  |
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| Reading possible points deduction incoming on 23:25 - Oct 9 with 3238 views | ted_hendrix |
| Reading possible points deduction incoming on 22:42 - Oct 9 by loftboy |
Rumours doing the rounds that they could go into administration this month. |
Well they reckon before the end of this week, small coincidence but I was with my lad today driving past their ground, anyway I said to me lad "after our result Saturday It's time to stop having the craic with each other everytime they lose on the basis that we're In no position anymore to take the piss out of other clubs"
He agreed and we drove Into Greggs on the A33 which has no relevance to the fakes demise.
Whilst on the subject we noticed and commented that lately Greggs meat pasties and steak slices aren't as hot as they maybe should be, has anyone else noticed this? [Post edited 9 Oct 2023 23:26]
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| My Father had a profound influence on me, he was a lunatic. |
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| Reading possible points deduction incoming on 00:55 - Oct 10 with 3149 views | stowmarketrange |
| Reading possible points deduction incoming on 23:25 - Oct 9 by ted_hendrix |
Well they reckon before the end of this week, small coincidence but I was with my lad today driving past their ground, anyway I said to me lad "after our result Saturday It's time to stop having the craic with each other everytime they lose on the basis that we're In no position anymore to take the piss out of other clubs"
He agreed and we drove Into Greggs on the A33 which has no relevance to the fakes demise.
Whilst on the subject we noticed and commented that lately Greggs meat pasties and steak slices aren't as hot as they maybe should be, has anyone else noticed this? [Post edited 9 Oct 2023 23:26]
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It’s probably to do with health and safety Ted.They’re probably scared that somebody will sue them if little Johnny puts hot food in his mouth. |  | | |
| Reading possible points deduction incoming on 20:37 - Oct 11 with 2595 views | loftboy |
This has to be the most deluded fan ever, I can remember Reading getting 2-3000 at Elm Park early 80’s, yet this buffoon thinks they are a big as the Sheffield clubs.
I was thinking about who is genuinely bigger than us who a club of our size would have to seriously upset the odds to finish above. Obviously you have what is now the big 7, then I'd say West Ham, Villa and Everton are big enough that they should never fall out. But Villa and West Ham both have recently, and Everton are pushing their luck.
After that I'd say the likes of Sunderland, Southampton, Leicester and Leeds are bigger than some current PL clubs who really should be doing better, but are currently underperformimg.
Then there are bunch who are a little bit bigger than us but not overwhelmingly so. The Sheffield pair, Norwich, West Brom, Wolves and others.
Then there is a bunch of clubs around our size of Millwall, Preston, Bolton, Bristol City, Cardiff and Brighton who can fall between the PL and L1/L2 depending upon competence. I'd put Bradford in this bucket too.
So if there was a 70% spending cap, we could definitely push up above a lot of those "bigger" than us if we spent our 70% well. | |
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| Reading possible points deduction incoming on 00:08 - Oct 12 with 2335 views | ted_hendrix |
*Reading set for takeover as ex-Formula 1 backer 'agrees' £50m deal for crisis club
William Storey, the former backer of F1 team Haas, has agreed a £50million deal to buy cash-strapped Reading after talks with the League One club's owner, Dai Yongge* | |
| My Father had a profound influence on me, he was a lunatic. |
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| Reading possible points deduction incoming on 01:04 - Oct 12 with 2281 views | E17hoop |
| Reading possible points deduction incoming on 00:08 - Oct 12 by ted_hendrix |
*Reading set for takeover as ex-Formula 1 backer 'agrees' £50m deal for crisis club
William Storey, the former backer of F1 team Haas, has agreed a £50million deal to buy cash-strapped Reading after talks with the League One club's owner, Dai Yongge* |
Storey claims to have played for QPR
https://www.rivertribe.co.uk/the-strange-story-of-william-storey/ |  |
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| Reading possible points deduction incoming on 08:43 - Oct 12 with 2093 views | Landshark |
| Reading possible points deduction incoming on 00:08 - Oct 12 by ted_hendrix |
*Reading set for takeover as ex-Formula 1 backer 'agrees' £50m deal for crisis club
William Storey, the former backer of F1 team Haas, has agreed a £50million deal to buy cash-strapped Reading after talks with the League One club's owner, Dai Yongge* |
Wow.......just wow.
Reading must be really desperate if they are allowing William Storey to take over. This guy seems really shady after what went down with Haas in 2019. | | | |
| Reading possible points deduction incoming on 12:57 - Oct 12 with 1907 views | enfieldargh |
| Reading possible points deduction incoming on 08:43 - Oct 12 by Landshark |
Wow.......just wow.
Reading must be really desperate if they are allowing William Storey to take over. This guy seems really shady after what went down with Haas in 2019. |
Hopefully The Price of Football Pod will cover this, Kieran Maguire usually has his finger on the pulse of shadey charaters buying clubs |  |
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| Reading possible points deduction incoming on 13:04 - Oct 12 with 1878 views | Watford_Ranger |
| Reading possible points deduction incoming on 20:37 - Oct 11 by loftboy |
This has to be the most deluded fan ever, I can remember Reading getting 2-3000 at Elm Park early 80’s, yet this buffoon thinks they are a big as the Sheffield clubs.
I was thinking about who is genuinely bigger than us who a club of our size would have to seriously upset the odds to finish above. Obviously you have what is now the big 7, then I'd say West Ham, Villa and Everton are big enough that they should never fall out. But Villa and West Ham both have recently, and Everton are pushing their luck.
After that I'd say the likes of Sunderland, Southampton, Leicester and Leeds are bigger than some current PL clubs who really should be doing better, but are currently underperformimg.
Then there are bunch who are a little bit bigger than us but not overwhelmingly so. The Sheffield pair, Norwich, West Brom, Wolves and others.
Then there is a bunch of clubs around our size of Millwall, Preston, Bolton, Bristol City, Cardiff and Brighton who can fall between the PL and L1/L2 depending upon competence. I'd put Bradford in this bucket too.
So if there was a 70% spending cap, we could definitely push up above a lot of those "bigger" than us if we spent our 70% well. |
More likely we spend it badly and be playing semi-pro in five years but yeah can see us, Watford, Preston, Millwall etc. always marginally too good for the fourth division and never quite good enough for the Prem for the foreseeable future. I’d back us to be in L2 before the Prem though. | | | |
| Reading possible points deduction incoming on 14:50 - Oct 12 with 1761 views | LazyFan |
| Reading possible points deduction incoming on 00:55 - Oct 10 by stowmarketrange |
It’s probably to do with health and safety Ted.They’re probably scared that somebody will sue them if little Johnny puts hot food in his mouth. |
All guesswork this but ...
Greggs used to keep all the cooked food heated on the shelves. If it was there for too long, throw it out as what goes in them is not that expensive.
Due to energy costs going up (this was many years ago way before the cost of surviving crises) they started turning off the food heaters for the shelves. They would warn you if you came a while after it was cooked that it may not be "warm" as they used to say, now they don't even bother saying that. You are supposed to just accept cold food.
Then they reduced the size of the pasties and rolls (shrinkflation) and then they changed again, whereby before they would cook endless food and sell or throw it. So, at least it was always available even if cold or warm. Now they cook minimal amounts and if it sells out, they tell you to come back later when the next batch is done. That never used to happen before.
Soon, I bet it will be "get the app and book your food to be cooked at only select times".
I suspect its not just energy, they also have more competition now as the supermarkets are in this game as well and are starting to do it better and cheaper, but without as big a range.
All guesswork of course. But here is a thought do you really think a place like Greggs really cares about "elf and safety"?
Oh, my ribs please no more! | |
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| Reading possible points deduction incoming on 14:58 - Oct 12 with 1739 views | StrawberryHillR |
| Reading possible points deduction incoming on 14:50 - Oct 12 by LazyFan |
All guesswork this but ...
Greggs used to keep all the cooked food heated on the shelves. If it was there for too long, throw it out as what goes in them is not that expensive.
Due to energy costs going up (this was many years ago way before the cost of surviving crises) they started turning off the food heaters for the shelves. They would warn you if you came a while after it was cooked that it may not be "warm" as they used to say, now they don't even bother saying that. You are supposed to just accept cold food.
Then they reduced the size of the pasties and rolls (shrinkflation) and then they changed again, whereby before they would cook endless food and sell or throw it. So, at least it was always available even if cold or warm. Now they cook minimal amounts and if it sells out, they tell you to come back later when the next batch is done. That never used to happen before.
Soon, I bet it will be "get the app and book your food to be cooked at only select times".
I suspect its not just energy, they also have more competition now as the supermarkets are in this game as well and are starting to do it better and cheaper, but without as big a range.
All guesswork of course. But here is a thought do you really think a place like Greggs really cares about "elf and safety"?
Oh, my ribs please no more! |
Part of this was due to George Osborne's 'pasty tax'... food kept warm attracts VAT, food allowed to cool does not...
https://www.bbc.co.uk/news/uk-politics-18244640 | | | |
| Reading possible points deduction incoming on 22:54 - Oct 12 with 7025 views | RangersDave |
anyway, i've read that some of the Greggs anticeedents, have had an 'interesting' history.
I'm never going near them again after reading the details. | |
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