I don’t mind going into bat in defence of our Tim He is probably the entire Venn diagram of sports journalists with commentary experience who are also lifelong Reading fans Would you rather a Jamie Theakston type Heart Radio focus group approved presenter from out of town? Because that is what you w...

Perhaps there's an accounting angle. Maybe the club could offset any profits made going forward against the debt owed to the parent company, to avoid tax

Now those “legal technicalities” make a lot more sense Completion meant: Redwood Stadium had to purchase the SCL from Prestige Fortune Asia, a deal requiring specialist counsel in its own right (BVI domiciled company) Redwood Investments had to purchase c. £200m worth of debt from Renhe Sports Manag...

Worth noting that Narin the Thai is out - he was only here for the car park! There's some convoluted scheme whereby the car park is shared between four different companies and RFC, in Dai's time, had a share (c25%) of one of the companies. Reading Asia Holdings, Great Shine etc ...? Redwood has sai...

Interested to learn more about how the new ownership is structured in the coming weeks

Which legal entity now owns the stadium and training ground?

Will Dai’s charges over RFC Ltd via Rehne be cleared

Who other than RC and TT are shareholders in Dogwood LLC if anyone? What % do RC and TT own?

Anyone tried to work out what's on the various papers on the desk?

The one they're signing has a Kitson Boyce letterhead, who are acting as their solicitors.

The one with marker pen looks like an org chart of some kind

The other one looks like a financial statement

The club shouldn’t have made an announcement if there were still things that could go wrong or get delayed. Couhig’s jumped the gun again it might appear

They may have also made the EFL look silly by presumably briefing them it’s days away only to require multiple extensions

Wing vs Crawley, Cambridge and Mansfield are all world-class finishes, absolutely top drawer

I don’t think this closes before the 22nd I find it hard to believe both parties have already agreed a renegotiated price given: 1) currently a X% chance we will be a championship club next season. In 6 weeks that will be either 100% or 0%. Club will see huge swings in valuation over the coming week...

A lawyer is exactly the kind of short term owner needed to clean up the legacy of mess that Dai leaves behind Repatriating assets, sorting out the accounts, flushing out any hidden offshore liabilities, repairing relations with the EFL, putting a solid leadership team in place That alone is enough t...

Players paying for accommodation? The PFA would whip up a storm to try to stop that, slippery slope etc. Not like the club needs any more bad PR

So the latest exclusivity finished within the last week, but we`re already in advanced negotiations with the next potential buyer, surely there can`t be any debate now that it`s Couhig. Seems odd the EFL would grant an extension on the basis of Platek’s bid progressing when in reality it was days a...

Man with significant interest in asset checks status of asset

Before Couhig went public there was evidence his deal was moving along. People tracked down the acquisition company on companies house, etc. Nothing of the sort for Platek's deal AFAIK

Some parts of the statement hint at the EFL's plan of action Why 22nd April and not 5th May? Somebody earlier said that the EFL will need to vote on a suspension, so they probably need to get their ducks in a row before hand. None of this mess gets resolved in the next 3 weeks, the EFL know that, so...

The only reason I can think of for Dai’s legal team dicking about for a week just to send RC a bloody non-binding postcard is that there is no genuine sale in the locker Yep and the timing of the initial exclusivity announcement is.... interesting The EFL notified Dai he was being disqualified on t...

What a mess From memory, Tim Dellor claimed last week he had been told by the club that the £12m was sitting in a bank account ready to go This article claims the £12m doesnt exist yet, and would be proceeds of any eventual sale So are the club asking RC to give up his securities now and the club (D...

Apparently (according to recent Twitter post) ...on companies house our accounts for last year are now due at end of June and not today Can anyone with Companies House access please check - thanks. If true, what does it mean? It buys a bit more time, but I don't expect them to be filed any time soo...

I suspect the club will have the right of appeal to an independent body for any suspension/expulsion decision. Don't forget the last time the EFL tried to disqualify Dai an independent panel denied it, so it appears to be a very high bar. Frankly I think as long as the club can demonstrate they are ...

Bit of a perfect storm brewing here RFC may not have the money to pay wages, pay into the RC escrow, settle this winding up petition I doubt anybody would buy the club without these issues resolved Platek can’t lend the club any money to solve these issues because there are no unencumbered assets to...