by Pepe the Horseman » 11 Oct 2013 11:10
by Bandini » 11 Oct 2013 11:27
by M Brook » 11 Oct 2013 11:46
Bandini Royals director of football Nick Hammond said: “Those questions are for the chairman.”
Nicky "Nick" Hammond is usually a bit smoother than this. Surprised that he would accept the premise that there are questions for Anton to answer.
by Reading Fandango » 11 Oct 2013 11:50
by Ian Royal » 11 Oct 2013 12:20
by SydenhamRoyal » 11 Oct 2013 12:31
Ian Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
by SPARTA » 11 Oct 2013 12:34
Ian Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
by Ian Royal » 11 Oct 2013 12:40
SydenhamRoyalIan Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
I'm trying to think the logic of the last statement through. It would imply that you would not buy the Chronicle, so I fail to see how you would use it in the situation you outline - unless you hopped to your newsagent with trousers round your ankles. This is very important, and may warrant a whole new thread.
by SydenhamRoyal » 11 Oct 2013 12:41
Ian RoyalSydenhamRoyalIan Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
I'm trying to think the logic of the last statement through. It would imply that you would not buy the Chronicle, so I fail to see how you would use it in the situation you outline - unless you hopped to your newsagent with trousers round your ankles. This is very important, and may warrant a whole new thread.
Doesn't it still get delivered free once or twice a week?
by Ian Royal » 11 Oct 2013 12:43
SPARTAIan Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
SJM actually gets more now due to a promotion bonus. It's been documented elsewhere.
by SPARTA » 11 Oct 2013 12:47
Ian RoyalSPARTAIan Royal So in summary
the club said no problems last week.
The chronicle still can't even get the figures involved right: £12.5m was for 51% £25m is for the whole club.
Madejski hasn't issued a media blackout.
There is no evidence of a problem
The chronicle is only good for wiping your arse in toilet paper emergencies.
SJM actually gets more now due to a promotion bonus. It's been documented elsewhere.
Linky? I remember him saying the price hadn't changed on promotion and 'a deal's a deal'. That may have been specifically only the first part though.
by El Diablo » 11 Oct 2013 12:58
by ZacNaloen » 11 Oct 2013 13:42
by Bandini » 11 Oct 2013 13:47
by ZacNaloen » 11 Oct 2013 13:49
by CholseyRoyal » 11 Oct 2013 14:36
by 72 bus » 11 Oct 2013 14:57
CholseyRoyal Is the club really involved though? Anton already has a controlling interest so surely it is only between him and Sir John. The amount needed to buy the remaining 49% of the shares goes to SJM I guess, so it is only him that is suffering. I don't know if any of the other directors have any shares, not many would be my guess.
by RoyalBlue » 11 Oct 2013 15:25
72 busCholseyRoyal Is the club really involved though? Anton already has a controlling interest so surely it is only between him and Sir John. The amount needed to buy the remaining 49% of the shares goes to SJM I guess, so it is only him that is suffering. I don't know if any of the other directors have any shares, not many would be my guess.
Presumably there are conditions in the original contracts that safeguard JM in the event that the buyout is delayed or does not actually happen.
JM would much rather the interest on the 12 million be paying off his own business debts than buying baby toys and nappies for AZ junior
Bet this all ends in tears, and in the Courts
Pepe the Horseman More brilliant reporting from Berkshire's top newspaper.
by Silver Fox » 11 Oct 2013 15:49
SPARTA SJM actually gets more now due to a promotion bonus. It's been documented elsewhere.
by melonhead » 11 Oct 2013 16:44
CholseyRoyal Quoted from the Chronicle:-
READING FC chairman Sir John Madejski has ordered a media clampdown amid fears the sale of the club is about to fall through.
Madejski was hoping to sell his remaining 49% stake in the Royals to Anton Zingarevich before the end of September.
But Zingarevich, through his Gibraltar-based Thames Sports Investment company, failed to meet the deadline and is yet to find the £20 million to complete his takeover, having bought 51% for a similar amount 16 months ago.
Royals fans are now growing increasingly concerned that Zingarevich is looking to sell on his initial stake to new investors, possibly to a consortium from the Middle East.
It would not be the first time Zingarevich and TSI’s Chris Samuelson have been involved in buy-out controversy.
In 2005, Swiss financier Samuelson promised a £30m investment by Fortress Sports Fund in Everton Football Club, which involved Zingarevich’s billionaire dad Boris. But they pulled the plug months later to the fury of Toffees supporters.
Despite repeated attempts from the Chronicle this week to explain the current delay, Reading FC refused to comment on the speculation.
Royals director of football Nick Hammond said: “Those questions are for the chairman.”
However, supporters are now fearing the worst and are seeking clarification from the club.
A statement from the Supporters Trust At Reading (STAR) said: “STAR is well aware of numerous rumours concerning this matter and has been in contact with the football club on issues relating to the matter for quite some time.
“Clearly the position is now at a delicate stage and we are awaiting urgent responses to a number of our questions before making further public pronouncements. Rest assured that the STAR board is working hard in looking to protect the interests of supporters.”
Reading FC last week said they remain ‘comfortable’ with the situation, and were confident the deal would go through.
Zingarevich has been living back in Russia with model wife, Katsia, since the birth of their first child recently.
He has not watched a game at Madejski Stadium since the friendly with Oman on September 7.
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