Potential New Owners

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blythspartan
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Re: Potential New Owners

by blythspartan » 21 Sep 2023 18:56

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Snowflake Royal Getting rid of an owner is a long old road. But there's not many clubs who get to this point and recover with the same guy at the helm.

It may take a few years of protests, but we'll see the back of him eventually. And the fact it'll be a long road shouldn't discourage the attempt.


I hope we can get him out, as the month to month uncertainty is a killer, but I am loving the football atm.

I do think that if we have a reasonably successful season and no more mishaps that the clamour to get him out will Dai down.

He's got to give us 18 months - 2 years of stability to regain trust. If he does that, this team and manager will probably be promoted next season. It may be that he's cleared in China and gets access to money back, but there is no trust in the bank.

The only come back example I can think of is Blackburn. Their owners were despised and took them from PL to L1. Allegedly they didn't even know relegation was possible when they bought them. They're now a relatively stable mid table Championship side. I can't think of any other owner who has been to the brink and turned it around.


Yes you’re right about the Venky’s and Blackburn but they never had to suffer any points deductions.

Not that it would ever happen, but if Dai spoke to the fans (albeit through an interpreter) at say a STAR meeting and fessed to oxf*rd up and spoke about wanting to right his wrongs do you think that would that change opinions about him? Obviously, actions speak louder than words, but I wish he could just be honest with us.

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Re: Potential New Owners

by Snowflake Royal » 21 Sep 2023 20:28

blythspartan
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I hope we can get him out, as the month to month uncertainty is a killer, but I am loving the football atm.

I do think that if we have a reasonably successful season and no more mishaps that the clamour to get him out will Dai down.

He's got to give us 18 months - 2 years of stability to regain trust. If he does that, this team and manager will probably be promoted next season. It may be that he's cleared in China and gets access to money back, but there is no trust in the bank.

The only come back example I can think of is Blackburn. Their owners were despised and took them from PL to L1. Allegedly they didn't even know relegation was possible when they bought them. They're now a relatively stable mid table Championship side. I can't think of any other owner who has been to the brink and turned it around.


Yes you’re right about the Venky’s and Blackburn but they never had to suffer any points deductions.

Not that it would ever happen, but if Dai spoke to the fans (albeit through an interpreter) at say a STAR meeting and fessed to oxf*rd up and spoke about wanting to right his wrongs do you think that would that change opinions about him? Obviously, actions speak louder than words, but I wish he could just be honest with us.

They weren't bad owners so much as thoroughly out of their depth and wealth commitment. Once they sunk to a level they could afford my read is they got things going fine.

The problem is even if Dai sorts out his possible financial issues, he's still a fukwit who can't make a good decision to save his life and pisses money up the wall on shit.

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Re: Potential New Owners

by 72 bus » 21 Sep 2023 21:39

blythspartan
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I hope we can get him out, as the month to month uncertainty is a killer, but I am loving the football atm.

I do think that if we have a reasonably successful season and no more mishaps that the clamour to get him out will Dai down.

He's got to give us 18 months - 2 years of stability to regain trust. If he does that, this team and manager will probably be promoted next season. It may be that he's cleared in China and gets access to money back, but there is no trust in the bank.

The only come back example I can think of is Blackburn. Their owners were despised and took them from PL to L1. Allegedly they didn't even know relegation was possible when they bought them. They're now a relatively stable mid table Championship side. I can't think of any other owner who has been to the brink and turned it around.


Yes you’re right about the Venky’s and Blackburn but they never had to suffer any points deductions.

Not that it would ever happen, but if Dai spoke to the fans (albeit through an interpreter) at say a STAR meeting and fessed to oxf*rd up and spoke about wanting to right his wrongs do you think that would that change opinions about him? Obviously, actions speak louder than words, but I wish he could just be honest with us.


Why would he want to turn up to a star forum and beg forgiveness from a bunch fans , he doesn't give a oxf*rd about how the fans feel about him.

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Re: Potential New Owners

by Snowflake Royal » 22 Sep 2023 07:41

blythspartan
WestYorksRoyal He's got to give us 18 months - 2 years of stability to regain trust. If he does that, this team and manager will probably be promoted next season. It may be that he's cleared in China and gets access to money back, but there is no trust in the bank.

The only come back example I can think of is Blackburn. Their owners were despised and took them from PL to L1. Allegedly they didn't even know relegation was possible when they bought them. They're now a relatively stable mid table Championship side. I can't think of any other owner who has been to the brink and turned it around.


Yes you’re right about the Venky’s and Blackburn but they never had to suffer any points deductions.

Not that it would ever happen, but if Dai spoke to the fans (albeit through an interpreter) at say a STAR meeting and fessed to oxf*rd up and spoke about wanting to right his wrongs do you think that would that change opinions about him? Obviously, actions speak louder than words, but I wish he could just be honest with us.


No. He's a pcunt.

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Re: Potential New Owners

by Royal Rother » 22 Sep 2023 08:05

Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country.

They are going to be collectively worth tens of millions and are already giving the fans huge amounts of pleasure.

Mistakes and misfortune along the way but the guy’s a bloody hero.


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Re: Potential New Owners

by WestYorksRoyal » 22 Sep 2023 08:36

Royal Rother Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country.

They are going to be collectively worth tens of millions and are already giving the fans huge amounts of pleasure.

Mistakes and misfortune along the way but the guy’s a bloody hero.

3 years of embargo and relegation was all part of his master plan to get us to this point

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Re: Potential New Owners

by Hound » 22 Sep 2023 08:41

WestYorksRoyal
Royal Rother Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country.

They are going to be collectively worth tens of millions and are already giving the fans huge amounts of pleasure.

Mistakes and misfortune along the way but the guy’s a bloody hero.

3 years of embargo and relegation was all part of his master plan to get us to this point


Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season

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Re: Potential New Owners

by WestYorksRoyal » 22 Sep 2023 08:51

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Royal Rother Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country.

They are going to be collectively worth tens of millions and are already giving the fans huge amounts of pleasure.

Mistakes and misfortune along the way but the guy’s a bloody hero.

3 years of embargo and relegation was all part of his master plan to get us to this point


Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season

They're only worth something if he can get them tied down on new contracts and pay their wages. As it stands Abbey can go for free next summer.

From rumours, hearsay etc. it does look like he wants to rebuild and recover more of his investment, and he's seeking support because the cashflow issues mean he can't support the club sufficiently at the moment. If he pulls it off then we're all happy, but I'm not convinced that minority investment is an easy sell, and I also have no faith that he's the man to lead the rebuild. Very very happy if I'm proven wrong.

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Re: Potential New Owners

by Stranded » 22 Sep 2023 08:56

Hound
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Royal Rother Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country.

They are going to be collectively worth tens of millions and are already giving the fans huge amounts of pleasure.

Mistakes and misfortune along the way but the guy’s a bloody hero.

3 years of embargo and relegation was all part of his master plan to get us to this point


Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season


Possibly - has to pay their wages first.

Nothing "leaked" yesterday is news - statements have been consistant that he's after new investment not a sale. Why is unclear. It may be that he knows he is likely to be fully cleared soon and he'll have easier access to funds soon, or he's just a manchild throwing a tantrum and would rather destroy the club than sell it.

The truth is probably somewhere inbetween.

Fact remains, due to the excellent work of the Academy, coaches and recuritment team, we are moving towards a position whereby we should have a large number of sellable assets come Jan/summer, which will help fill some or all of the budget gap.

Also, word will be getting out there amongst the cream of young talent (and more importantly their agents) that Reading is a club that believes in youth and will give them a chance to shine - so getting out of the PL2 system and playing regular "mens" football will set them up for a successful career. The likes of Savage & Elliott will be talking to their mates at their old clubs and telling them what it's like - so if Dai does see promise, if he pays the bills now he could end up seeing a conveyor belt of young talent coming through the club that will take the burden of his wallet that could eventually see him with a settled Championship side that he could flog for 20% more than he'd get now.

But the key thing is a) paying the bills and b) getting those in the side in the last year or 2 of their deals tied down for another year or two to maximise their value. I'm sure the club are working on that but budget restrictions imposed due to Dai's shitshow will make the latter trickier at the moment (unless there is a caveat in the budget regarding new deals for existing players).


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Re: Potential New Owners

by WestYorksRoyal » 22 Sep 2023 09:54

The big question I don't think anyone understands is whether the cashflow issues are linked to Chinese politics and permanent in nature, or related specifically to investigations over Dai's business in which case they're hopefully temporary.

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Re: Potential New Owners

by From Despair To Where? » 22 Sep 2023 10:23

I reckon a lot of it has to do with the suspension of trading in Dili shares. The overwhelming majority of his paper wealth is tied up in these shares.

In that respect I don't particularly blame him for his current cashflow problems but clearly he's entirely culpable for blowing FFP out of the water and putting us in the position where we are wholy reliant on his ability/inability to move relatively small sums of money about in order to function.

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Re: Potential New Owners

by YorkshireRoyal99 » 22 Sep 2023 11:11

WestYorksRoyal The big question I don't think anyone understands is whether the cashflow issues are linked to Chinese politics and permanent in nature, or related specifically to investigations over Dai's business in which case they're hopefully temporary.


I do think the Chinese government took a major step back from football a few years ago. There is an article in The Athletic which documents this better that I have read before. If anyone is subscribed with them, worth a read on it and it might shed a bit of light in our situation as well as others.

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Re: Potential New Owners

by Royal Rother » 22 Sep 2023 15:33

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WestYorksRoyal 3 years of embargo and relegation was all part of his master plan to get us to this point


Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season


Possibly - has to pay their wages first.

Nothing "leaked" yesterday is news - statements have been consistant that he's after new investment not a sale. Why is unclear. It may be that he knows he is likely to be fully cleared soon and he'll have easier access to funds soon, or he's just a manchild throwing a tantrum and would rather destroy the club than sell it.

The truth is probably somewhere inbetween.

Fact remains, due to the excellent work of the Academy, coaches and recuritment team, we are moving towards a position whereby we should have a large number of sellable assets come Jan/summer, which will help fill some or all of the budget gap.

Also, word will be getting out there amongst the cream of young talent (and more importantly their agents) that Reading is a club that believes in youth and will give them a chance to shine - so getting out of the PL2 system and playing regular "mens" football will set them up for a successful career. The likes of Savage & Elliott will be talking to their mates at their old clubs and telling them what it's like - so if Dai does see promise, if he pays the bills now he could end up seeing a conveyor belt of young talent coming through the club that will take the burden of his wallet that could eventually see him with a settled Championship side that he could flog for 20% more than he'd get now.



And this is EXACTLY what could / should have happened 7ish years ago when the likes of Stacey, Fosu, Cooper, Dickey etc. were coming through.

I said at the time that these guys, earning a couple of grand a week were the future and, even if they struggled at first, we would be on a secure financial footing with word spreading around the southern counties that Reading was a club prepared to invest in, and play, youngsters....

Still pisses me off that we chucked all that potential away in the vain hope of gaining quick(er) promotion, instead went down the path of paying the likes of Moore, Aluko et all £20k pw and more on extended contracts. :evil:


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Re: Potential New Owners

by Hound » 22 Sep 2023 15:41

Don’t think you’re the only one there RR

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Re: Potential New Owners

by WestYorksRoyal » 22 Sep 2023 15:48

Hound Don’t think you’re the only one there RR

Reminder of what a miserable 6 years Dai has given us all.

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Re: Potential New Owners

by Royal Rother » 22 Sep 2023 17:11

Hound Don’t think you’re the only one there RR


I’m sure that’s the case NOW.

But there wasn’t a lot of support when I said it at the time. I was challenged on the prospect of relegation - my response was that I didn’t care, it was the only way for a full and much required financial and strategic reset of the squad. And here we are, relegated and £100m worse off, with points deductions probably scuppering any remote chance of promotion this season.

Still, onwards and upwards now and enjoy a new journey... (Maybe....)

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Re: Potential New Owners

by South Coast Royal » 22 Sep 2023 17:23

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WestYorksRoyal 3 years of embargo and relegation was all part of his master plan to get us to this point


Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season


Possibly - has to pay their wages first.

Nothing "leaked" yesterday is news - statements have been consistant that he's after new investment not a sale. Why is unclear. It may be that he knows he is likely to be fully cleared soon and he'll have easier access to funds soon, or he's just a manchild throwing a tantrum and would rather destroy the club than sell it.

The truth is probably somewhere inbetween.

Fact remains, due to the excellent work of the Academy, coaches and recuritment team, we are moving towards a position whereby we should have a large number of sellable assets come Jan/summer, which will help fill some or all of the budget gap.

Also, word will be getting out there amongst the cream of young talent (and more importantly their agents) that Reading is a club that believes in youth and will give them a chance to shine - so getting out of the PL2 system and playing regular "mens" football will set them up for a successful career. The likes of Savage & Elliott will be talking to their mates at their old clubs and telling them what it's like - so if Dai does see promise, if he pays the bills now he could end up seeing a conveyor belt of young talent coming through the club that will take the burden of his wallet that could eventually see him with a settled Championship side that he could flog for 20% more than he'd get now.

But the key thing is a) paying the bills and b) getting those in the side in the last year or 2 of their deals tied down for another year or two to maximise their value. I'm sure the club are working on that but budget restrictions imposed due to Dai's shitshow will make the latter trickier at the moment (unless there is a caveat in the budget regarding new deals for existing players).


I would like to think you are right about the idea that the likes of Savage and Elliott might spread the word about Reading being the place to be .
The cynic in me says the opposite-sign for a big club, get a big contract and even if you don't make it there you could still get big money on loan or even a big signing-on fee if sold.

Let's just hope that the former is true and that we continue to attract some good players even if they might have concerns about getting paid.

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Re: Potential New Owners

by WestYorksRoyal » 22 Sep 2023 18:47

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Exaggerations aside I do wonder if someone has whispered something in Dai’s ear about suddenly having some players that might be worth something

Wonder if he’d still be here if we had the collection of crocks and veterans we had knocking about last season


Possibly - has to pay their wages first.

Nothing "leaked" yesterday is news - statements have been consistant that he's after new investment not a sale. Why is unclear. It may be that he knows he is likely to be fully cleared soon and he'll have easier access to funds soon, or he's just a manchild throwing a tantrum and would rather destroy the club than sell it.

The truth is probably somewhere inbetween.

Fact remains, due to the excellent work of the Academy, coaches and recuritment team, we are moving towards a position whereby we should have a large number of sellable assets come Jan/summer, which will help fill some or all of the budget gap.

Also, word will be getting out there amongst the cream of young talent (and more importantly their agents) that Reading is a club that believes in youth and will give them a chance to shine - so getting out of the PL2 system and playing regular "mens" football will set them up for a successful career. The likes of Savage & Elliott will be talking to their mates at their old clubs and telling them what it's like - so if Dai does see promise, if he pays the bills now he could end up seeing a conveyor belt of young talent coming through the club that will take the burden of his wallet that could eventually see him with a settled Championship side that he could flog for 20% more than he'd get now.

But the key thing is a) paying the bills and b) getting those in the side in the last year or 2 of their deals tied down for another year or two to maximise their value. I'm sure the club are working on that but budget restrictions imposed due to Dai's shitshow will make the latter trickier at the moment (unless there is a caveat in the budget regarding new deals for existing players).


I would like to think you are right about the idea that the likes of Savage and Elliott might spread the word about Reading being the place to be .
The cynic in me says the opposite-sign for a big club, get a big contract and even if you don't make it there you could still get big money on loan or even a big signing-on fee if sold.

Let's just hope that the former is true and that we continue to attract some good players even if they might have concerns about getting paid.

It all hinges on cashflow and investment. Sort it out and the future is bright. Chaos continues and it will look to everyone that Savage and Elliott made a big mistake.

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Re: Potential New Owners

by J1A7Y » 22 Sep 2023 21:41

Royal Rother Dai’s actions have brought us to a position where we have one of the best batch of young players outside of the Top 6 PL clubs in the country, the guy’s a bloody hero.


Just wow!

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Re: Potential New Owners

by Royal Rother » 22 Sep 2023 22:07

Dunno about that - they wanted / needed an opportunity to play in order to develop their careers and are getting that at Reading.

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