Confimred new owners of Raeding Footbal Club

[Uke]

More Samuelson lies in today's press. Uber kunt!

FFS post the link


This?

http://www.telegraph.co.uk/finance/comm ... -time.html

[The Rouge]

More Samuelson lies in today's press. Uber kunt!

Where?

[10539.4 Miles Away]

Isn't Lacoste the douche who ratted Spacey into his employer?

If not - my apologies.

Nah, that was "Bring Back The Southbank" or something like that. Lacoste is just your low grade fisherman, think along the lines of a poor man's Kes.

Same person ennit?

Well there you go, you learn something new everyday. My sincerest apologies to Kes.

[M Brook]

STAR could apply to make the stadium a "community asset" which would put paid to development of the site for a while (can't remember how long though and this wouldn't cover the car park or training grounds). The entity applying for community asset st8us doesn't have to own the land.

Six months.

That's six months to come up with the money and put in a rival bid.
http://mycommunityrights.org.uk/community-right-to-bid/
Unlikely to happen.

[Nomad_Royal]

More Samuelson lies in today's press. Uber kunt!

FFS post the link


This?

http://www.telegraph.co.uk/finance/comm ... -time.html

So taking out the journalistic innuendo, which may well have (allegedly) come from briefings by a former board member who is involved in a rival bid, all the article actually says is that the Thai consortium have been referred for the Football league Directors and owners test , which we have known for weeks, and that one of the people who may ( or may not!) be involved in carrying out the test is Sir Dave Richards the former Premier League chairman.

It is irritating to see certain groups trying to derail the takeover at this last stage by generating bad publicity but it is pretty thin stuff.

[M Brook]

Could Reading Council step in and change the planning permissions for the club's land in the interests of the town? - If they wanted to that is.

If you can't use the stadium land for anything other than a stadium and parking it would make it worthless to anyone wishing to use it for other developments.

Likewise the training ground proposed, although that is presumably outside of Reading Council's jurisdiction

All the developers would have to do is apply to build housing on the land and, given the new housing targets that councils have to meet, they would almost inevitably be granted permission.

Even if permission wasn't granted, any developer worth its salt would simply appeal to the Secretary of State, who would over-turn the decision anyway. It's a well known fact that the amount of housing currently being built is woefully inadequate for current demand.

It's not as simple as that tho. It may well be that RBC and WBC have already identified sites that can accommodate their new housing needs for the forseeable future. If that is the case, then a developer would have to show that the MadStad site would be preferable, and more sustainable, than those sites already earmarked.

Anyway, this is idle and pointless speculation cos it simply aint gonna happen.

[Nameless]

Will SJM be held cupable for the disolvement of RFC if the club is sold to property developers?

Try that again in English !

But FYI he bought the club from a property developer (failed), he sold the previous ground to a property developer, he developed property as part of the new ground so property development figures fairly often in the clubs growth.
Any development of the land around the ground would have to overcome plenty of hurdles and it's hard to see it being worthwhile. There is lots of land round the area that could be acquired and built on without the hassle if that was the aim of a purchaser. I could see someone trying to make better use of the land the club owns but shopping malls and housing development seem pretty unlikely

[West Stand Man]

Are you sure? You can cram an awful lot of housing onto that site. How much extra work would have to be conducted that wouldn't be required for commercial property. And, as Strap says, planning permission for housing is virtually guaranteed.

Not necessarily true. Yes, there is a long record of central government overturning local planning refusals but I think it is highly probable that even at that level a plan to destroy the stadium would be rejected. What could be feasible is to seek permission to use some of the car parking space for housing or commercial development and I can see that getting through as it is space that could be seen to be wasted at the moment (it only gets used every couple of weeks). If it is to be a commercial development then some of the car parking would have to stay ( or maybe a multi-storey one built instead) so that visitors to the site could bring a car!

However, as has been pointed out elsewhere, John Madejski is a property developer in his own right. If there was serious value to be had from this land he probably would have exploited it by now. Nigel Howe is employed by JM for his property skills not his knowledge of football.

[winchester_royal]

Indeed, and besides, the fact that the FL are looking closely is good news...for us at least.

[Gordons Cumming]

I fear if this takeover doesn't go through SJM may implode.

[SPARTA]

More Samuelson lies in today's press. Uber kunt!

FFS post the link


This?

http://www.telegraph.co.uk/finance/comm ... -time.html

Lazy pcunt. I hadn't seen the fecking link, only heard the article was coming out today!

[Elmer Park]

So taking out the journalistic innuendo, which may well have (allegedly) come from briefings by a former board member who is involved in a rival bid, all the article actually says is that the Thai consortium have been referred for the Football league Directors and owners test , which we have known for weeks, and that one of the people who may ( or may not!) be involved in carrying out the test is Sir Dave Richards the former Premier League chairman.

It is irritating to see certain groups trying to derail the takeover at this last stage by generating bad publicity but it is pretty thin stuff.

I agree with all of this.

I also think that it's a good thing that the Football League are taking the time to make a thorough check on all the members of the consortium. I am as frustrated as most that the takeover hasn't gone through yet and think it's important that Adkins is given money to strengthen the team as soon as possible but the most important thing is to make sure the right people own the club.

It seems to me that none of us know much about any of the consortium. The main reason many fans are so keen on Samrit seems to be that he is not Samuelson and is on Facebook. I'm not saying he isn't a good man nor that I don't want him as one of our owners, just that I don't know. For what it's worth I think he comes over as a bit naive, very similar to how Anton proved to be but as Samrit perhaps is more of a front man than anything else it's the rest of the consortium who should be interesting us. There seems a great deal of popular support for a consortium where we don't even know the name of one of them and very little about two of the others. They may turn out to be fantastic owners but am quite happy for the Football League or anyone else to ask as many questions as they want.

All I want from any new owners is for them to fully concentrate on the football side (except maybe extending the stadium capacity if we get to the right time), no building on the car park etc, for them to invest sensibly in the team, continue to develop the academy and generally run the club so that when they eventually hand over to the next owner the finances are not in the sort of mess they are now. One final proviso - no anonymous investors. They can stay in the background if they wish but must be named. I hope that Samrit's consortium prove to be those owners because that would mean an end to the saga in the near future. I have no idea if they are or not.

[Nameless]

The other massive problem with putting a shopping mall on any part of the car park is that the busiest time for shopping is Saturday, which is when the stadium is in use for 40 weeks of the year. Access is already an issue and not easy to improve.

Again, not unsolveable but with plenty of other land that wouldn't have that problem why pay over the odds to build on a contaminated car park ?

[melonhead]

The other massive problem with putting a shopping mall on any part of the car park is that the busiest time for shopping is Saturday, which is when the stadium is in use for 40 weeks of the year. Access is already an issue and not easy to improve.

Again, not unsolveable but with plenty of other land that wouldn't have that problem why pay over the odds to build on a contaminated car park ?

not shopping mall then

supercasino, and a few bars/restaurants

[melonhead]

chuck in a supercasino, and bobs your uncle, everyone is a winner

Not how I remember casinos working.

[melonhead]

At last. People are now waking up to the fact that Phoenix might not be the only outfit interested in acquiring the club for purposes other than their love of football. We may have run away from the evil clutches of Phoenix only to be 'rescued' by someone no more desirable. What lines of business has the lady of the consortium been involved in?

LOL- its business. anyone who wants to buy it will want to make something out of it.

half the people flapping about it now are the same people who were on at SJM for years for not wanting to throw all his money down the RFC drain

cant have it both ways

Actually you can, if you can find yourself a Dave Whelan type. Unfortunately it looks like we can't.

.

when you say dave whelan type

you basically mean dave whelan.
or the saints bloke who died.
or the blackburn bloke who died


these rich idiots/rich dead people willing to donate huge piles of cash arent exactly ten a penny.

[JC]

Latest twist from Telegraph City diary

http://www.telegraph.co.uk/finance/comm ... -time.html



Reading FC is bringing out the big guns as the takeover by Thai billionaire Samrit Bunditkitsada goes into extra time.

As the Football League carries out its owners’ and directors’ test on the club’s would-be proprietors, Diary hears whispers that the football body has asked Sir Dave Richards, the former Premier League chairman, to use his considerable experience of international football to help look into the Thai consortium.

Neither the Football League nor Reading FC would comment. But the Thai team certainly has some interesting players. Bunditkitsada, 39, is reportedly backed by 76-year-old businesswoman Sasima Srivikorn, and two “unnamed figures”.

The broker for the Thai consortium’s £26m bid, meanwhile, is Pairoj Piempongsant, the football fixer who set up the 2007 acquisition of Manchester City by Thailand’s exiled former prime minister, Thaksin Shinawatra.

The very same Thaksin Shinawatra, Diary notes, who found guilty of corruption by the Thai Supreme Court in 2008. Game on.

[melonhead]

More Samuelson lies in today's press. Uber kunt!

FFS post the link


This?

http://www.telegraph.co.uk/finance/comm ... -time.html

The broker for the Thai consortium’s £26m bid, meanwhile, is Pairoj Piempongsant, the football fixer who set up the 2007 acquisition of Manchester City by Thailand’s exiled former prime minister, Thaksin Shinawatra.

The very same Thaksin Shinawatra, Diary notes, who found guilty of corruption by the Thai Supreme Court in 2008. Game on.

[Uke]

When will the mods actually get around to merging the two threads on this?

[Nameless]

The other massive problem with putting a shopping mall on any part of the car park is that the busiest time for shopping is Saturday, which is when the stadium is in use for 40 weeks of the year. Access is already an issue and not easy to improve.

Again, not unsolveable but with plenty of other land that wouldn't have that problem why pay over the odds to build on a contaminated car park ?

not shopping mall then

supercasino, and a few bars/restaurants

Council have already rejected the supercasino plans for next door to the stadium though.