elman BBC reports that the full take over has been delayed (again). Cause for concern?
Link article?
by NewCorkSeth » 01 Oct 2013 18:18
elman BBC reports that the full take over has been delayed (again). Cause for concern?
by Norfolk Royal » 01 Oct 2013 18:20
by M Brook » 01 Oct 2013 18:24
by NewCorkSeth » 01 Oct 2013 18:29
by Ian Royal » 01 Oct 2013 18:30
by Ian Royal » 01 Oct 2013 18:52
by multisync1830 » 01 Oct 2013 19:14
by RoyalBlue » 01 Oct 2013 19:27
genome Just saw this on BBC Sportsday feed...
2046:
FOOTBALL
The deal to complete the takeover of Reading Football Club has been delayed.
Russian tycoon Anton Zingarevich bought 51% of the club 16 months ago. He was due to buy the remaining 49% from previous owner Sir John Madejski by the end of September, but that deadline has now past.
The club stated that both parties are "comfortable extending the deadline to finish the deal" but could not specify whether they would set a new completion date.
multisync1830 Good news bad news
Good news
-at last the smoke is starting to clear. 16 months is ample to get the finances in place.
Bad news -
SJM doesn't get his money
AZ is now forced to confront the issue. He doesn't have the money and daddy won't bail him out.
potentials
1 AZ will not come up with the money =SJM will regain control probably next year on the £1 rule
2 AZ comes up with the money , stumble from crisis to crisis= club does a Pompey
3 A serious buyer will come in to rescue the situation
Conclusion
Have no doubt either way AZ is on his way out. A buyer will now need to be urgently sought to buy out both owners (one who matches SJM stated criteria). The clues are all there
feel free to quote me and we'll revisit as and when
by multisync1830 » 01 Oct 2013 20:07
RoyalBlue Full story is now here:
http://www.bbc.co.uk/sport/0/football/24348285
View of the football finance expert is that fans should only be 'mildy concerned' at this time and that there are often delays in this sort of process. Also reckons that although Anton makes the decisions the money is coming from Zingarevich Senior and needs to be moved across.multisync1830 Good news bad news
Good news
-at last the smoke is starting to clear. 16 months is ample to get the finances in place.
Bad news -
SJM doesn't get his money
AZ is now forced to confront the issue. He doesn't have the money and daddy won't bail him out.
potentials
1 AZ will not come up with the money =SJM will regain control probably next year on the £1 rule
2 AZ comes up with the money , stumble from crisis to crisis= club does a Pompey
3 A serious buyer will come in to rescue the situation
Conclusion
Have no doubt either way AZ is on his way out. A buyer will now need to be urgently sought to buy out both owners (one who matches SJM stated criteria). The clues are all there
feel free to quote me and we'll revisit as and when
And your 'potentials' are based on what exactly?
Has the so-called '£1 rule' even been confirmed by a reliable source?
And if Anton comes up with the money, just why does that mean 'we will stumble from crisis to crisis = do a Pompey'? :rol
by RoyalBlue » 01 Oct 2013 20:23
multisync1830RoyalBlue Full story is now here:
http://www.bbc.co.uk/sport/0/football/24348285
View of the football finance expert is that fans should only be 'mildy concerned' at this time and that there are often delays in this sort of process. Also reckons that although Anton makes the decisions the money is coming from Zingarevich Senior and needs to be moved across.multisync1830 Good news bad news
Good news
-at last the smoke is starting to clear. 16 months is ample to get the finances in place.
Bad news -
SJM doesn't get his money
AZ is now forced to confront the issue. He doesn't have the money and daddy won't bail him out.
potentials
1 AZ will not come up with the money =SJM will regain control probably next year on the £1 rule
2 AZ comes up with the money , stumble from crisis to crisis= club does a Pompey
3 A serious buyer will come in to rescue the situation
Conclusion
Have no doubt either way AZ is on his way out. A buyer will now need to be urgently sought to buy out both owners (one who matches SJM stated criteria). The clues are all there
feel free to quote me and we'll revisit as and when
And your 'potentials' are based on what exactly?
Has the so-called '£1 rule' even been confirmed by a reliable source?
And if Anton comes up with the money, just why does that mean 'we will stumble from crisis to crisis = do a Pompey'? :rol
As I say thanks for quoting me - All will be revealed in the fullness of time. If I am right then so be it. If I am wrong then I will leave this board never to return. (no loss I understand)
last point - put your money on no/3 oh and if anyone knows if bookie will take odds on a take over within a year I have a 100 quid to go.
by multisync1830 » 01 Oct 2013 20:44
RoyalBlue [
Who said that you leaving the board won't be a loss? No problem at all in you remaining, right or wrong. Actually you have to stay if you are wrong, so that we can quote you and take the P!![]()
BTW your PM has totally lost me.
by Cobi » 02 Oct 2013 12:21
by Green » 02 Oct 2013 12:22
Royal LadyGreenExtended-Phenotype What is the reason for the delay? Cash flow?
This is what I'm wondering. Tax reasons? Unfavourable exchange rates?
Ruh oh. You're not allowed to come up with any scenarios or some people start to have a little wibble.
by ZacNaloen » 02 Oct 2013 12:34
Cobi Percieved Lack of spending in summer;
AZ not at a game since early August;
TSI miss deadline to buy remaining 49%. Can't blame fans for worrying.
Also thinking back a couple of weeks, and Tim Dellor mentioned how the fans wont be interested in the clash of politics going on behind the scenes. Clearly all isn't well.
by Royal Lady » 02 Oct 2013 12:51
GreenRoyal LadyGreen This is what I'm wondering. Tax reasons? Unfavourable exchange rates?
Ruh oh. You're not allowed to come up with any scenarios or some people start to have a little wibble.
Name names or
by Barry the bird boggler » 02 Oct 2013 13:19
ZacNaloenCobi Percieved Lack of spending in summer;
AZ not at a game since early August;
TSI miss deadline to buy remaining 49%. Can't blame fans for worrying.
Also thinking back a couple of weeks, and Tim Dellor mentioned how the fans wont be interested in the clash of politics going on behind the scenes. Clearly all isn't well.
by Extended-Phenotype » 02 Oct 2013 13:40
ZacNaloenCobi Percieved Lack of spending in summer;
by Harpers So Solid Crew » 02 Oct 2013 13:42
Royal LadyGreenRoyal Lady
Page 54 m8 - Cypry saying I'm not allowed to assume any scenarios, the usual suspects saying I'm completely wrong....
by ZacNaloen » 02 Oct 2013 13:45
Extended-PhenotypeZacNaloenCobi Percieved Lack of spending in summer;
![]()
We didn't spend as required and promised. That's a fact not a perception. The reason behind the lack of spending, I agree, is a matter of opinion.
But with the delay in buyout you can't help putting two and two together, even if it may prove to make five. I think it's a fair enough concern, and think it's fair enough to raise on a forum, regardless of what the Operating Thetans want.
by Cypry » 02 Oct 2013 15:20
Royal Lady Page 54 m8 - Cypry saying I'm not allowed to assume any scenarios, the usual suspects saying I'm completely wrong....
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