OFFISHAL CONFRIMATION of the CONFIMRED

10090 posts
Royalwaster
Hob Nob Regular
Posts: 3691
Joined: 13 Jul 2004 13:32

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Royalwaster » 22 May 2025 18:31

Greatwesternline
From Despair To Where? Bearwood open day is a cracking bit of PR there. Will cost the club relatively little but it's something I'd imagine a lot of fans would love to do.


Cost?

7k visitors spread throughout the day, charge them for parking, sell them some burgers, sell them some new kits for next season, sell them some booze.

You can make 70k sales in one day if you persuade each person to part with £10!


Play some mini matches and spot one new talent for the future :D

User avatar
rabidbee
Hob Nob Regular
Posts: 3957
Joined: 24 Jul 2006 17:51
Location: Like a dog to vomit

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by rabidbee » 22 May 2025 22:13

IN! for page 499, before the delete/thread locking.

User avatar
John Madejski's Wallet
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 27578
Joined: 10 Apr 2005 00:22
Location: Anyone who lives within their means shows a serious lack of imagination

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by John Madejski's Wallet » 22 May 2025 22:15

Not really up on the detail, are we in more debt now the takeover has happened?

User avatar
LUX
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 13844
Joined: 14 Apr 2004 09:38
Location: Archie Gemmill!!!

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by LUX » 22 May 2025 22:22

rabidbee IN! for page 499, before the delete/thread locking.



September Gurls

User avatar
LUX
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 13844
Joined: 14 Apr 2004 09:38
Location: Archie Gemmill!!!

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by LUX » 22 May 2025 22:23

Losing sight of

Time

It’s a week since I left


Carnabyswhiskers
Member
Posts: 35
Joined: 24 Aug 2024 00:33

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Carnabyswhiskers » 22 May 2025 23:51

Royalwaster
Greatwesternline
From Despair To Where? Bearwood open day is a cracking bit of PR there. Will cost the club relatively little but it's something I'd imagine a lot of fans would love to do.


Cost?

7k visitors spread throughout the day, charge them for parking, sell them some burgers, sell them some new kits for next season, sell them some booze.

You can make 70k sales in one day if you persuade each person to part with £10!


Play some mini matches and spot one new talent for the future :D


If we bring our clubs can we play the 9 holes?

User avatar
RG30
Hob Nob Addict
Posts: 6371
Joined: 26 Jul 2005 20:42

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by RG30 » 23 May 2025 13:30

Bloomberg reporting Aliya Capital Partners will become investors at the club subject to EFL approval.

retro royal
Member
Posts: 651
Joined: 14 Jun 2004 22:50
Location: Siesta Time in Gibraltar

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by retro royal » 23 May 2025 13:31

Aliya capital partners, a Miami based investment firm, is joining the ownership group that bought out 154 year old Reading football club

"Aliya will become a significant investor in Reading football club, subject to leagues approval", Ross Kestin CEO said on interview Friday.

Looks like there were interested in putting money into Everton previously

katweslowski
Member
Posts: 581
Joined: 04 Jun 2023 05:04

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by katweslowski » 23 May 2025 13:43

I can hear cheque books being opened and hopefully some very decent investments/players being brought in.

Championship here we come!


User avatar
morganb
Hob Nob Regular
Posts: 2867
Joined: 31 Jul 2017 12:30

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by morganb » 23 May 2025 13:45

I wonder if any of the groups who got into exclusivity will now become investors?

User avatar
Tennents Super
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 31
Joined: 14 Apr 2004 14:29
Location: Kicking and a gouging in the mud, and the blood and the beer.

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Tennents Super » 23 May 2025 14:02

Hope their involvement doesn't turn out to be a plane crash.

User avatar
Brogue
Hob Nob Super-Addict
Posts: 14800
Joined: 02 Mar 2021 20:38
Location: Getting things done

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Brogue » 23 May 2025 14:11

well this is great news. definitely feel we are going to be competitive now, no matter what happens with contract renewals

User avatar
SouthDownsRoyal
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 11764
Joined: 08 Dec 2005 12:48

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by SouthDownsRoyal » 23 May 2025 14:11

R£ading FC


dontbedaft
Member
Posts: 125
Joined: 13 Apr 2004 22:54
Location: Canada

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by dontbedaft » 23 May 2025 14:12

LUX
rabidbee IN! for page 499, before the delete/thread locking.



September Gurls


do so much

User avatar
Pepe the Horseman
Hob Nob Super-Addict
Posts: 18860
Joined: 23 Jun 2011 10:24
Location: Putting right what once went wrong

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Pepe the Horseman » 23 May 2025 14:23

SouthDownsRoyal R£ading FC

We're back. Get Kia on the phone.

User avatar
Hendo
Hob Nob Legend
Posts: 22578
Joined: 25 Mar 2012 20:53
Location: Lambs to the cosmic slaughter

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Hendo » 23 May 2025 14:24


User avatar
RG30
Hob Nob Addict
Posts: 6371
Joined: 26 Jul 2005 20:42

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by RG30 » 23 May 2025 14:42

Aliya Capital Partners, a Miami-based investment firm, is joining the ownership group that bought out 154-year-old Reading Football Club from Chinese businessman Dai Yongge.

Aliya will become a significant investor in Reading Football Club, subject to the league’s approval, Ross Kestin, chief executive officer and founding partner of Aliya, said in an interview on Friday. Kestin will join the board of the club, which is competing in the UK’s third-tier EFL League One.

Earlier this month, American financier Rob Couhig’s Redwood Holdings Ltd. agreed to buy Reading following months of negotiations. Couhig confirmed Aliya’s investment into the team when contacted by Bloomberg News, while a representative for Reading declined to comment.

“Because with its 150-year legacy and fiercely loyal fans, Reading is a sleeping giant,” Kestin said. “We want to do what it takes to fuel its untapped potential to rise through the EFL and, one day, rise to Premier League glory.”

Reading has struggled financially in recent years. Dai acquired the club in 2017 and under his ownership the team has been docked a total of 18 points for breaking football’s financial rules, contributing to its demotion into the third tier of English football. It finished seventh in the latest season, missing out on qualifying for the playoff matches that are a path to the higher-tier league by one place.

American investors have been pouring money into European football in recent years, but high valuations have also pushed buyers into the region’s smaller leagues in search of more attractive deals. Hollywood stars Ryan Reynolds and Rob McElhenney bought Wrexham AFC, a Welsh football club, for about £2 million ($2.7 million) back in 2021. It’s now worth around £100 million, Bloomberg News reported earlier this year.

Aliya is involved in sports finance and last year backed US businessman John Textor’s bid to acquire Everton FC, which was eventually taken over by US billionaire Dan Friedkin.

More recently, Aliya has agreed to purchase Israeli Premier League football team Maccabi Netanya FC, subject to approvals, according to Kestin. He also said he could tap into his connections in Brazil to bring some players to the UK.

Aliya has also backed many of high-profile technology firms including OpenAI, Airbnb Inc., Uber Technologies Inc. and SpaceX, according to its website. The firm said it was committed to supporting Elon Musk’s takeover of Twitter three years ago.

Musk has “done so much good for the world,” said Kestin. “He may not be politically correct but he wants to make the world and the galaxy a better place.”


https://www.bloomberg.com/news/articles/2025-05-23/us-investor-aliya-to-join-new-ownership-at-reading-football-club?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0ODAwNzIzMSwiZXhwIjoxNzQ4NjEyMDMxLCJhcnRpY2xlSWQiOiJTV1BMMVREV1gyUFMwMCIsImJjb25uZWN0SWQiOiIxQTVBMjlFRUM4OUY0NTYwQTdCNzEyM0U3OTkzQTMwRSJ9.c0qoQE9kzqhKbFU4cKo0rjO_8X0LMhfU2rLibfOdO6I&leadSource=uverify%20wall

katweslowski
Member
Posts: 581
Joined: 04 Jun 2023 05:04

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by katweslowski » 23 May 2025 14:48



Highlights for me:

“Because with its 150-year legacy and fiercely loyal fans, Reading is a sleeping giant,” Kestin said. “We want to do what it takes to fuel its untapped potential to rise through the EFL and, one day, rise to Premier League glory.”

Elon Musk has “done so much good for the world,” said Kestin. “He may not be politically correct but he wants to make the world and the galaxy a better place.”


The galaxy is doing alright IMO

Linden Jones' Tash
Member
Posts: 699
Joined: 20 Jun 2009 12:03
Location: north of the river...

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by Linden Jones' Tash » 23 May 2025 14:51

RG30
Aliya Capital Partners, a Miami-based investment firm, is joining the ownership group that bought out 154-year-old Reading Football Club from Chinese businessman Dai Yongge.

Aliya will become a significant investor in Reading Football Club, subject to the league’s approval, Ross Kestin, chief executive officer and founding partner of Aliya, said in an interview on Friday. Kestin will join the board of the club, which is competing in the UK’s third-tier EFL League One.

Earlier this month, American financier Rob Couhig’s Redwood Holdings Ltd. agreed to buy Reading following months of negotiations. Couhig confirmed Aliya’s investment into the team when contacted by Bloomberg News, while a representative for Reading declined to comment.

“Because with its 150-year legacy and fiercely loyal fans, Reading is a sleeping giant,” Kestin said. “We want to do what it takes to fuel its untapped potential to rise through the EFL and, one day, rise to Premier League glory.”

Reading has struggled financially in recent years. Dai acquired the club in 2017 and under his ownership the team has been docked a total of 18 points for breaking football’s financial rules, contributing to its demotion into the third tier of English football. It finished seventh in the latest season, missing out on qualifying for the playoff matches that are a path to the higher-tier league by one place.

American investors have been pouring money into European football in recent years, but high valuations have also pushed buyers into the region’s smaller leagues in search of more attractive deals. Hollywood stars Ryan Reynolds and Rob McElhenney bought Wrexham AFC, a Welsh football club, for about £2 million ($2.7 million) back in 2021. It’s now worth around £100 million, Bloomberg News reported earlier this year.

Aliya is involved in sports finance and last year backed US businessman John Textor’s bid to acquire Everton FC, which was eventually taken over by US billionaire Dan Friedkin.

More recently, Aliya has agreed to purchase Israeli Premier League football team Maccabi Netanya FC, subject to approvals, according to Kestin. He also said he could tap into his connections in Brazil to bring some players to the UK.

Aliya has also backed many of high-profile technology firms including OpenAI, Airbnb Inc., Uber Technologies Inc. and SpaceX, according to its website. The firm said it was committed to supporting Elon Musk’s takeover of Twitter three years ago.

Musk has “done so much good for the world,” said Kestin. “He may not be politically correct but he wants to make the world and the galaxy a better place.”


https://www.bloomberg.com/news/articles/2025-05-23/us-investor-aliya-to-join-new-ownership-at-reading-football-club?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc0ODAwNzIzMSwiZXhwIjoxNzQ4NjEyMDMxLCJhcnRpY2xlSWQiOiJTV1BMMVREV1gyUFMwMCIsImJjb25uZWN0SWQiOiIxQTVBMjlFRUM4OUY0NTYwQTdCNzEyM0U3OTkzQTMwRSJ9.c0qoQE9kzqhKbFU4cKo0rjO_8X0LMhfU2rLibfOdO6I&leadSource=uverify%20wall


I was happy up until this bit.

"while a representative for Reading declined to comment...."

Then it all got a bit looney tunes.....

Still, given that most of the firms cited have burned a huge amount of cash and not generated much of a return, I can see the attraction for them.....

User avatar
morganb
Hob Nob Regular
Posts: 2867
Joined: 31 Jul 2017 12:30

Re: OFFISHAL CONFRIMATION of the CONFIMRED

by morganb » 23 May 2025 14:54

RG30
More recently, Aliya has agreed to purchase Israeli Premier League football team Maccabi Netanya FC, subject to approvals, according to Kestin. He also said he could tap into his connections in Brazil to bring some players to the UK.



A new source for players?

10090 posts

Who is online

Users browsing this forum: WestYorksRoyal and 190 guests

It is currently 02 Jun 2025 13:19