Confimred new owners of Raeding Footbal Club

[SPARTA]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

No one actually knows that though, do they?! A few fans claim to be ITK and say that's the case, but AZ has an estimated personal wealth of approx £100m himself, and TSI is supposed to be a group of investors. This is partly why the FAPPT was delayed as not all of them wanted to be known. Anton is merely the face of TSI. Even if you shrug that off for thinking it's wrong, perhaps we've been mislead etc; Anton still has his own money! If my son had money to invest in something but asked me to spend mine instead, I'd tell him to jog on...

[winchester_royal]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter.

[multisync1830]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter.

??

Anton Zingarevich, who has repeatedly described owning Reading as "a dream", and pledged to run the club responsibly, has said the funds to pay Madejski came from "family money".

[3points]

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter

Did the loan buy the shares or repay SJM's director's loan account?

[winchester_royal]

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter

Did the loan buy the shares or repay SJM's director's loan account?

I couldn't tell you, all I do know is that this was a business purchase made by an investment vehicle with outside finance, and not a daddy-buying-son-a-football-club scenario.

[winchester_royal]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter.

??

Anton Zingarevich, who has repeatedly described owning Reading as "a dream", and pledged to run the club responsibly, has said the funds to pay Madejski came from "family money".

I don't know where that quote's from, but it is of course possible that there was some 'family money' involved.

What I would say is that if Boris was willing to stump up money for half the club then he'd be astonishingly foolish to then walk away from the investment and cause his son to be desperately trying to sell the club and hence not get Boris the best return on his money wouldn't he?

[Uke]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

Incorrect. The original 51% purchase was financed through a loan from a well-known Spanish bank. BZ had nothing to do with it. You sir are a bullshitter.

??

Anton Zingarevich, who has repeatedly described owning Reading as "a dream", and pledged to run the club responsibly, has said the funds to pay Madejski came from "family money".

In what context was the term "family" used?

[Uke]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

No one actually knows that though, do they?! A few fans claim to be ITK and say that's the case, but AZ has an estimated personal wealth of approx £100m himself, and TSI is supposed to be a group of investors. This is partly why the FAPPT was delayed as not all of them wanted to be known. Anton is merely the face of TSI. Even if you shrug that off for thinking it's wrong, perhaps we've been mislead etc; Anton still has his own money! If my son had money to invest in something but asked me to spend mine instead, I'd tell him to jog on...

How on earth can you do a FAPPT when you don't know who you're fapping?

[3points]

I don't know where that quote's from, but it is of course possible that there was some 'family money' involved.

Here's a link to an article in the Guardian (and no I'm not a Guardian reader - just googled it). Hadn't heard about Santander lending money to TSI to do the deal. Not many banks lend money these days to buy football clubs, especially now the Co-op is having major problems.

http://www.theguardian.com/football/dav ... tax-havens

As said elsewhere - it is highly unlikely the fans will ever know the whole truth - and even if we did, it probably still wouldn't make much sense!

[Harpers So Solid Crew]

Andrew Obolensky. Shares in tsi owned by 4 people. Its on the rfc site.
Fwiw alledgeddly dodgy banker

[multisync1830]

I don't know where that quote's from, but it is of course possible that there was some 'family money' involved.

What I would say is that if Boris was willing to stump up money for half the club then he'd be astonishingly foolish to then walk away from the investment and cause his son to be desperately trying to sell the club and hence not get Boris the best return on his money wouldn't he?

I personally think you should say slightly more than that. The onus is on you to show that the club was purchased by a bank loan or apologise for unnecessary insults.

[multisync1830]

Andrew Obolensky. Shares in tsi owned by 4 people. Its on the rfc site.
Fwiw alledgeddly dodgy banker

my understanding is that AZ is sole shareholder, the rest are directors only.

[Uke]

Andrew Obolensky. Shares in tsi owned by 4 people. Its on the rfc site.
Fwiw alledgeddly dodgy banker

my understanding is that AZ is sole shareholder, the rest are directors only.

^^ This is what's on the RFC site

TSI is 100% Anton, no one else is liable

http://www.readingfc.co.uk/global/company-details.aspx

[winchester_royal]

I don't know where that quote's from, but it is of course possible that there was some 'family money' involved.

What I would say is that if Boris was willing to stump up money for half the club then he'd be astonishingly foolish to then walk away from the investment and cause his son to be desperately trying to sell the club and hence not get Boris the best return on his money wouldn't he?

I personally think you should say slightly more than that. The onus is on you to show that the club was purchased by a bank loan or apologise for unnecessary insults.

I don't know anymore than that. I'm not 'ITK', I don't have sources inside the cluc, I just know that at least part of the original purchase was financed through a loan.

I don't really care if you believe me, but if someone is going to come on here and act ITK and state something that I know not to be true as fact then I'm going to call them on it. I can't see the insults that you're referring to either.

[Icke]

Maybe it was the bit where you called him a bullshitter?

[maffff]

I love this thread.

[SPARTA]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

No one actually knows that though, do they?! A few fans claim to be ITK and say that's the case, but AZ has an estimated personal wealth of approx £100m himself, and TSI is supposed to be a group of investors. This is partly why the FAPPT was delayed as not all of them wanted to be known. Anton is merely the face of TSI. Even if you shrug that off for thinking it's wrong, perhaps we've been mislead etc; Anton still has his own money! If my son had money to invest in something but asked me to spend mine instead, I'd tell him to jog on...

How on earth can you do a FAPPT when you don't know who you're fapping?

Hence the delay... Obviously they had to come forward in the end, or not be involved at all which you could argue they don't look like they are now. This is all based on what was said at the time of course. It seems no one really knows what the set-up is, who is behind TSI, and has AZ used any of his own money yet.

[SPARTA]

:lol: I love this thread.

I remember when you first joined this forum. You offered sensible insight, a pinch of reliable ITK, but generally a sensible opinion. Now all I see if you post smilies and join in the so called 'banter' on here. Why not chip in with some sensible opinion, or dare I say it, share something you may know what the average fan doesn't?

[multisync1830]

I don't know where that quote's from, but it is of course possible that there was some 'family money' involved.

What I would say is that if Boris was willing to stump up money for half the club then he'd be astonishingly foolish to then walk away from the investment and cause his son to be desperately trying to sell the club and hence not get Boris the best return on his money wouldn't he?

I personally think you should say slightly more than that. The onus is on you to show that the club was purchased by a bank loan or apologise for unnecessary insults.

I don't know anymore than that. I'm not 'ITK', I don't have sources inside the cluc, I just know that at least part of the original purchase was financed through a loan.

I don't really care if you believe me, but if someone is going to come on here and act ITK and state something that I know not to be true as fact then I'm going to call them on it. I can't see the insults that you're referring to either.

I guess the manner in which the abuse was said is at the heart of the issue. If Anton suggests the money is from 'family money' then he is perhaps a bullshitter (is anyone still shocked at that possibility I wonder?) and the likelyhood that a poster took him at his word is not any reason for that level of abuse. I honestly do not believe forums are the place for this kind of thing but then again I'm quite old and out of date. keyboard warriors don't float my boat as it were.

I won't ask you for your proof anymore than you mine but if true that first part of the club was financed with a loan then it's an even bigger concern as that means not only could he not afford the remaining 49% shares he couldn't even afford the original 51%

[multisync1830]

daddy's money was used to fund the initial purchase, but AZ had to find the rest to "prove" himself to daddy that he's a "serious" businessman. AZ failed, hence no purchase of the remaining 49%. AZ is done at Reading FC, and there's no money coming from any source in Russia. We will be tightening the purse strings in January.

No one actually knows that though, do they?! A few fans claim to be ITK and say that's the case, but AZ has an estimated personal wealth of approx £100m himself, and TSI is supposed to be a group of investors. This is partly why the FAPPT was delayed as not all of them wanted to be known. Anton is merely the face of TSI. Even if you shrug that off for thinking it's wrong, perhaps we've been mislead etc; Anton still has his own money! If my son had money to invest in something but asked me to spend mine instead, I'd tell him to jog on...

I am curious as to where this estimate of 100m for his personal wealth came from as my hunch is that cannot be anywhere near true as he has always been an employee of his father and hence unlikely to have been in a position to amass that not inconsiderable sum