CONFIMRED - The 2nd final countdown

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WestYorksRoyal
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Re: CONFIMRED - The final countdown

by WestYorksRoyal » 22 Apr 2025 18:28

Elm Park Kid
morganb
Elm Park Kid It's coming out this evening.

No surprises.


In Elm Park Kid we trust


No surprises is a good thing at this point.

But also not a brilliant thing. The best surprise would be that it's done.

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Re: CONFIMRED - The final countdown

by Elm Park Kid » 22 Apr 2025 18:29

https://x.com/james_e1871/status/1914732655758680450

"The terms of the deal have been agreed between the club's current owner Mr Dai and the buyer, whose identity must remain confidential at this stage." #readingfc

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Re: CONFIMRED - The final countdown

by Elm Park Kid » 22 Apr 2025 18:30


katweslowski
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Re: CONFIMRED - The final countdown

by katweslowski » 22 Apr 2025 18:31

Extension until 5th may granted

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Re: CONFIMRED - The final countdown

by Sutekh » 22 Apr 2025 18:33

katweslowski Extension until 5th may granted


May 5th is a public holiday :lol:

Rob arranging wages and tax this week I hope.


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Re: CONFIMRED - The final countdown

by WestYorksRoyal » 22 Apr 2025 18:37

If the terms are agreed, why not sign da ting?

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Re: CONFIMRED - The final countdown

by Linden Jones' Tash » 22 Apr 2025 18:41

"Earlier today, the EFL Board granted a further extension until Monday 5 May for Mr Dai Yongge to divest his interests in Reading FC, subject to compliance with all other EFL Regulations.

Since our last update on 3 April, further progress has been made in respect of the proposed sale of the Club. As a result, the Board deemed itappropriate to agree to the Club’s request to allow more time for matters to be concluded in accordance with EFL Regulations.

As stated previously the League continues to monitor the Club's immediate cash flow requirements."

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Re: CONFIMRED - The final countdown

by windermereROYAL » 22 Apr 2025 18:42

I`ll never get my hopes too high after what`s gone before, but fcuk me this looks encouraging.

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Re: CONFIMRED - The final countdown

by Arnie_Pie » 22 Apr 2025 18:46



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Re: CONFIMRED - The final countdown

by Mid Sussex Royal » 22 Apr 2025 18:47

windermereROYAL I`ll never get my hopes too high after what`s gone before, but fcuk me this looks encouraging.


Same - but we've been here before - until he's signed it its not done.

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Re: CONFIMRED - The final countdown

by WestYorksRoyal » 22 Apr 2025 18:47

windermereROYAL I`ll never get my hopes too high after what`s gone before, but fcuk me this looks encouraging.

We're almost as close as we were in August.

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Re: CONFIMRED - The final countdown

by windermereROYAL » 22 Apr 2025 18:48

Mid Sussex Royal
windermereROYAL I`ll never get my hopes too high after what`s gone before, but fcuk me this looks encouraging.


Same - but we've been here before - until he's signed it its not done.


Well if he doesn`t we`re gone.

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John Madejski's Wallet
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Re: CONFIMRED - The final countdown

by John Madejski's Wallet » 22 Apr 2025 19:07

I'd piss myself laughing if Dai agrees to sell to Coughig, who then goes on to fail the FPP test


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Re: CONFIMRED - The final countdown

by Orion1871 » 22 Apr 2025 19:13

John Madejski's Wallet I'd piss myself laughing if Dai agrees to sell to Coughig, who then goes on to fail the FPP test


Yeah would be hilarious :roll:

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Re: CONFIMRED - The final countdown

by Linden Jones' Tash » 22 Apr 2025 19:15

Reading Football Club can confirm further progress has been made towards the sale of the club, with the transaction including the Select Car Leasing Stadium and Bearwood Park Training Facility. As a result, The EFL has agreed for a further extension until May 5th for the transaction to be completed. 
 
The terms of the deal have been agreed between the club's current owner Mr Dai and the buyer, whose identity must remain confidential at this stage. Both parties will now work to complete the necessary steps to complete the takeover.
 
The buying party will be supporting the club’s immediate financial obligations until the transaction is complete, and as such, day-to-day running of the club will be unaffected.
 
The club would like to thank all supporters, staff, and players for their contribution to the club in recent times. The performance at First Team and Academy level has been outstanding and all attention is on supporting the teams to finish the season strongly.

Further communication regarding next steps will be issued once appropriate.

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SouthDownsRoyal
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Re: CONFIMRED - The final countdown

by SouthDownsRoyal » 22 Apr 2025 19:35

John Madejski's Wallet I'd piss myself laughing if Dai agrees to sell to Coughig, who then goes on to fail the FPP test


Why?

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Armadillo Roadkill
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Re: CONFIMRED - The final countdown

by Armadillo Roadkill » 22 Apr 2025 19:40

John Madejski's Wallet I'd piss myself laughing if Dai agrees to sell to Coughig, who then goes on to fail the FPP test


He's already passed it once. Can't imagine that much would have changed.

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Re: CONFIMRED - The final countdown

by Hound » 22 Apr 2025 19:56

Most predictable statement there

As everyone expected

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Armadillo Roadkill
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Re: CONFIMRED - The final countdown

by Armadillo Roadkill » 22 Apr 2025 20:19

Hound Most predictable statement there

As everyone expected


It was expected, but the longer we had to wait, the more nervous I became.

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Re: CONFIMRED - The final countdown

by Extended-Phenotype » 22 Apr 2025 21:39

Anyone else remotely concerned that if we do secure a top 6 finish, Dai will drag this out further to see if we get promoted?

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