Search found 2271 matches

by tmesis
13 Mar 2024 14:38
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

What I don't understand about this £1m shortfall is the following: Why does it magically stop becoming a problem next month? We knew Dai's commitment to the club at the start of the season, why didn't we budget better? How in the world can we be £1m short this month? I was under the impression we h...
by tmesis
12 Mar 2024 23:08
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3281
Views: 1531046

Re: TAKEOVER *NOT* CONFIMRED

https://twitter.com/EddieRFC7/status/1767657321851662366?t=aKQVtb9lcg7jybZOVrGREA&s=19 ITK Eddie says - I understand that a Saudi / American owned company is very interested in buying #ReadingFC. I’m also told they have had representatives attend games. I will not, and discourage posting any sp...
by tmesis
12 Mar 2024 20:29
Forum: The Team
Topic: The phoenix club thread
Replies: 67
Views: 3987

Re: The phoenix club thread

Looking at AFC Wimbledon's rise, they had an insane multi season run of 78 games unbeaten as they won back to back titles. Not sure how fun that sounds; you need jeopardy and a sense of achievement. You'd just want to get through the 7th, 8th and 9th tiers as quickly as possible. After the last few...
by tmesis
12 Mar 2024 18:09
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

For the record AFC Wimbledon started with 3,500. So 4k home seems a reasonable optimistic expectation. It's difficult. We have a lot more fans than Wimbledon. We had more fans even in the Elm Park days. We should be capable of getting significantly bigger crowds than they did, or any other pheonix ...
by tmesis
12 Mar 2024 17:57
Forum: The Team
Topic: The phoenix club thread
Replies: 67
Views: 3987

Re: The phoenix club thread

Depends where a space can be conveniently found with least "disruption" so it would likely be tier 9/10. Bury and Macclesfield both started at Tier 9 (NWCLPremier) Bury started at 10, because they were playing outside their town, and had a few more question marks against them than Maccles...
by tmesis
12 Mar 2024 12:49
Forum: The Team
Topic: The phoenix club thread
Replies: 67
Views: 3987

Re: The phoenix club thread

Sutekh If this is what happens, please god just DO NOT call any new club AFC Reading!

I couldn't agree more. It sounds dreadful.
by tmesis
12 Mar 2024 12:36
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

WestYorksRoyal AFC Wimbledon are the benchmark, and their attendances are at a similar level to the original club.

They had a decent ground to play in from the outset, which helps massively.

Clubs that have to genuinely start from scratch find it much harder.
by tmesis
12 Mar 2024 12:30
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Lets say it was doable and we were able to attract 4 to 5k to games - it would essentially mean mothballing 3 stands until such time as the club felt it could sell enough tickets to make it worth operating them. I think people seriously understimate the support a new optimistic Reading club could h...
by tmesis
12 Mar 2024 11:17
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Lets say it was doable and we were able to attract 4 to 5k to games - it would essentially mean mothballing 3 stands until such time as the club felt it could sell enough tickets to make it worth operating them. I think people seriously understimate the support a new optimistic Reading club could h...
by tmesis
12 Mar 2024 10:34
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Have seen a few highlights of Bury games and it could be fun starting again but hard to see the positives. They of course do have a stadium that holds no more than 12k, so playing there is doable on crowds of 3 to 4k. Playing Ascot at the SCL is a non starter . I don't see why, unless we would stil...
by tmesis
11 Mar 2024 23:03
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

But if we're a lost bet with no prestige, why not accept £20m - £30m for us instead of going a route that leaves you with nothing? It's a lost bet either way, so may as well take a consolation prize. In truth, we have no idea how much is being offered, and admitting things are desperate by putting ...
by tmesis
11 Mar 2024 21:51
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

£5k down, £995k to go. It needs a handful of big hitters. We'll never get there with regular fans chipping in £20 or £50 each. We'd need to raise £70000 a day to hit £1 million by the end of the month. That's not going to happen. It makes you wonder what the supposed big expense is this month that'...
by tmesis
11 Mar 2024 18:15
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

This feels like he deliberately wants to destroy the club . I don't think that's right. If that was the case he could have just liquidated on a whim ages ago. I do think that he doesn't really care any more, and just wants to offload in the way that will maximise the money he can claw back. Well th...
by tmesis
11 Mar 2024 18:02
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Elm Park Kid
This feels like he deliberately wants to destroy the club .

I don't think that's right. If that was the case he could have just liquidated on a whim ages ago.

I do think that he doesn't really care any more, and just wants to offload in the way that will maximise the money he can claw back.
by tmesis
10 Mar 2024 14:06
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3281
Views: 1531046

Re: TAKEOVER *NOT* CONFIMRED

https://www.readingfc.co.uk/news/2024/march/10/statement-short-term-funding/ Bearwood for sale. There's been lots of opinions on whether property developers could extract any value from it. I guess we'll see. The end is nigh anyhow. The stated intent of short term funding is laughable. Even if it i...
by tmesis
10 Mar 2024 13:59
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Even Kieran Maguire said it was a 0.001% chance of ending in liquidation on the basis that we had too much going for us, and he's quite a skeptical person in these matters. But the chance is very real. People expect clubs to be saved because that's nearly always what happens. The big question mark ...
by tmesis
10 Mar 2024 13:13
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

And I don't really think liquidation makes sense either, it's definitely against Dai's financial interest. It would mean he could sell the real estate assets without having to fund the club in any way. Who's going to buy a studium and training ground with no sports club to pay rent to use it? And p...
by tmesis
10 Mar 2024 10:21
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449783

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

WestYorksRoyal And I don't really think liquidation makes sense either, it's definitely against Dai's financial interest.

It would mean he could sell the real estate assets without having to fund the club in any way.
by tmesis
09 Mar 2024 20:21
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3281
Views: 1531046

Re: TAKEOVER *NOT* CONFIMRED

Not if Reading were re-starting. There's a ton of possibilities esp. with groundshares in the area and places that could probably grow with Reading if Reading couldn't get back to the Mad Stad. Other than Maidenhead, nothing is really viable, and even that can only be viable short term. Ground shar...
by tmesis
09 Mar 2024 12:55
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3281
Views: 1531046

Re: TAKEOVER *NOT* CONFIMRED

I have "been there" as a Newport County Fan Going out of the league and bust was horrible and frankly I thought the re-launch was a hopeless dream... We were forced to play outside Wales (at Moreton-in-the Marsh) for a fair while. With four others, I ran the 80 miles to Moreton, raising c...
It is currently 16 Apr 2024 19:02