I'm struggling with how you have reached that conclusion. You think that the EFL having given the club an extension till the end of the season will exclude the club from the playoffs. On what grounds do you think they would they exclude the club ? For having an owner who is banned. If they do it no...
I can envisage the following: - Couhig unable to do the deal by 22nd, but close enough for the EFL to give an extension to May 4th - Reading get to Play-Offs - Deal getting even closer by May 4th; further and final extension by EFL until after the end of the Play Offs - Reading win play-offs - Dai ...
Yeah :lol: …and I appreciate that the whole point of HNA is to converse, bitch, peacock, argue and stuff, but please please please, can we just the one thread here that gives us proper news (given our volatile situation) and doesn’t do any of the aforementioned? Leon's a miserable toad anyway :lol:...
The only way for Reading FC to move forward is for Dai to be gone. The announcement by the EFL of the granting of the extension enabling Dai to complete a sale to 22/4 is a positive step to seeing Dai gone, as it strongly implies there is a genuine impetus to selling the club; after all, if there w...
An opportunity for the EFL to reassure the fans, confirm there is a buyer and clarify how far along the deal is, wasted. Still no evidence the “other man” is Robert Platek, leaving only Twitter rumours and copypasta journalism as the source of this name, and we have heard nothing of any progress si...
This is very distressing for a lot of people for whom RFC has been an important part of their life for many, many years. Like me, I guess, obvs. I am pretty relaxed about it. I may be the only one left, but, head in sand maybe, I believe it'll all work out in the end. I'm similar, in that I do, for...
Speaking of the press there will be a sudden interest from the mainstream media when suspension happens. The final 2 paragraphs of today's statement is an attempt to get out ahead of any criticism, they know what is about to happen and want to start setting the record straight before the press get ...
It still seems weird they didn't just extend the deadline by a month, as suspending us in three weeks would be no less messy than now. The ominous and completely unsubtantiated thought is they want to see concrete evidence of a sale by that date, or we'll be on notice to be kicked out on the 4th of ...
Question about liquidation for someone smarter than me. Hasn't Couhig suggested the club can't be put into administration / liquidation without his say so because of the liens ... But if HMRC fail to get paid, don't they trump all creditors so could wind the club up unilaterally? Or is Couhig just ...
I personally can criticise him for that because in my personal opinion he entered into due diligence period on a company and the deal fell through which happens in life but he isn't owed any actual money because he didnt lose any actual money. And now he's upset about missing out on a deal. Why is ...
Any Pheonix Club will have to start small.... I once worked out that a Sunday pub team is 12 promotions and sh*t loads of money and luck away from winning the Premier League. So, to begin with we need to form a team ourselves made up of fans. I actually think this is the ultimate challenge and achi...
For who to name them? Because it's just the media and twitterati who have, no? And they said WilLOLiam StoROFLy was buying us for £50m. Yes, but he claimed to be buying us. Contrast that to the Gymshark guy, who denied the rumour fairly swiftly. Edit, oh Storey. So people should just print and beli...
Is there actually any evidence at all that this Platek bloke is even involved in negotiations to buy us? I think if he wasn't he'd have denied it. It would be incredibly weird to name someone as a potential buyer if they weren't looking to buy, For who to name them? Because it's just the media and ...
How long will the EFL let this drag on? Thinking about the implications for the whole league if we are expelled, there is no way realistically it can go on beyond the final day of the season. Assuming we don't reach the playoffs, our status still has major repercussions for League 1 (relegation - h...
Dai has ignored repeated warnings from the EFL and messed around purchasers, but he's paid his fines, the wages and tax are (currently) being paid, and it looks like we should complete our fixtures. so the only thing he's guilty of now is failing the F&PPT. So I don't think the EFL could boot u...
That's the next hurdle. If Couhig rejects the escrow then I presume Playtex will pull out and Couhig will re-enter the saga as front runner with the club then hanging by a thread as an impasse is reached. Hey presto! The FL suspend Reading w.e.f. Easter period (so the games that mean something v Bl...
STAR meeting summary reports that Reading's monthly wage commitment nets out at around £1M a month (+/- with win bonuses) That's ~ £12M a year. Other commitments ~£320k a month Outgoings = £15.84M They also reported that income (excluding player sales) to end of December (presumably April-Dec) was ...
STAR'S update suggests suspension could well be on the cards, but very little discussion of when that turns into expulsion. We could be suspended for the remainder of the season, forfeit all our matches and still finish 17th. If we are suspended for the rest of the season, our results would be expu...