Confimred new owners of Raeding Footbal Club

[El Diablo]

I would have thought someone would pay £2-3m for Pog.

If we let him go on a free, even though a new club may not match his current wages, I'd have thought that a Golden Hello of £2-3m would mean he covers whatever wage shortfall he might have over the period of a contract.

Nobody likes selling an asset for nothing but if we really want to get him off the payroll then I'm sure it could be done. He has no value on the Balance Sheet as nothing was paid for him, so it wouldn't have any real or cosmetic impact in the short term, but it would reduce the overhead.

Just a thought. Same applies with Drenthe I suppose.

Even if we sign Mackie and Cox, Pog will remain by far and away the best striker we have on our books - foolish to let him go unless we have signed someone significantly better than him.

IIRC, clubs are not allowed to list players as assets (or liability!) on the balance sheets anymore as people can not be owned, however like staff working for any company they can be an intangible asset.... so while a club may make a £20m loss one season and have £20m less cash assets at the bank as a result, the accounts don't show that they now have £20m worth of players on the books.

For all you interested in this subject - the attached link is a good read.

http://www.bbk.ac.uk/management/mscmres ... hap7.shtml

[JIM]

24 hours and no new player ,things are getting critical. disregard MACKIE signed on loan. 2 down 2 to go

[Royal Rother]

For all you interested in this subject - the attached link is a good read.

http://www.bbk.ac.uk/management/mscmres ... hap7.shtml

15 years old that article. I think there is a lot more clarity and definition in the policies now.

[El Diablo]

For all you interested in this subject - the attached link is a good read.

http://www.bbk.ac.uk/management/mscmres ... hap7.shtml

15 years old that article. I think there is a lot more clarity and definition in the policies now.

Like to see them , if you have them

[Royal Rother]

I gave the short summary in my earlier post. I could make it sound more complicated if you like, but doubt I could run to nearly 10,000 words like that article.

[Green]

I could make it sound more complicated if you like

I'd certainly appreciate it if you've the time, Rothers.

[Royal Biscuitman]

Thanks RR.

I will read the link too when I get time, I recall chatting to a team of auditors who were interested in trying to figure out what Abromovich was up to at Chelsea, maybe when I've read that I might have an idea myself - presumably football players are assets with a value that can not be seized.

[Royal Rother]

Just re-read my earlier post - did I really use the word "suggested" 3 times in one sentence???

[El Diablo]

I gave the short summary in my earlier post. I could make it sound more complicated if you like, but doubt I could run to nearly 10,000 words like that article.

Pointing me to link will do, if you have a point of reference that supports your summary.

[mikey0406]

Thai multi millionaire getting the train up to the game tomorrow.... lol hope the fit and proper test wasn't done by Ronald McDonald this time

[The Rouge]

Thai multi millionaire getting the train up to the game tomorrow.... lol hope the fit and proper test wasn't done by Ronald McDonald this time

Yeah, he should be lear jetting everywhere…

Team always go up by coach when train makes much more sense? e.g. Reading to Manchester is easy by train but a git by road..

[Royal Rother]

I gave the short summary in my earlier post. I could make it sound more complicated if you like, but doubt I could run to nearly 10,000 words like that article.

Pointing me to link will do, if you have a point of reference that supports your summary.

Can't remember specifically. Searched and read up on it 6-12 months ago and I've posted it up in summary several times on here.

This isn't one I read at the time but a few paragraphs in it seems to set it out neatly enough.

http://www.insideworldfootball.com/davi ... th-reality

[Sutekh]

Thai multi millionaire getting the train up to the game tomorrow.... lol hope the fit and proper test wasn't done by Ronald McDonald this time

Will he sit with the other fan in the away end though....

[PieEater]

Will he sit with the other fan in the away end though....

Hey, there'll be at least 3 of us there. It took 6 fooking hours driving up yesterday so the train is a good choice.

[El Diablo]

I gave the short summary in my earlier post. I could make it sound more complicated if you like, but doubt I could run to nearly 10,000 words like that article.

Pointing me to link will do, if you have a point of reference that supports your summary.

Can't remember specifically. Searched and read up on it 6-12 months ago and I've posted it up in summary several times on here.

This isn't one I read at the time but a few paragraphs in it seems to set it out neatly enough.

http://www.insideworldfootball.com/davi ... th-reality

Thnx

[GreaterTorontoRoyal]

Official Reading guests picture posted by Tony David
Two possible new investors/backroom boardmembers? Weerawit Yaovaja and Pol.Maj.Gen Pumira Watanpanee are listed. The deal was evidently brokered by Pairoj. Weerawit appears to work at that Billion Limited Capital or whatever, so probably just a gr8 m8 of Samrit

[multisync1830]

Official Reading guests picture posted by Tony David
Two possible new investors/backroom boardmembers? Weerawit Yaovaja and Pol.Maj.Gen Pumira Watanpanee are listed. The deal was evidently brokered by Pairoj. Weerawit appears to work at that Billion Limited Capital or whatever, so probably just a gr8 m8 of Samrit

Pol.Maj.Gen Pumira Watanpanee is a copper

[AthleticoSpizz]

Even the Wimmen of the consortium not allowed to dine at the top table then?

[Uke]

Even the Wimmen of the consortium not allowed to dine at the top table then?

[SPARTA]

Even the Wimmen of the consortium not allowed to dine at the top table then?

Good telly!