Madejski Out??

[RoyalBlue]

Glory hunting fans....

The whole thing about supporting your team is that you do it through the goodtimes and the badtimes...far too many of you are living in a dream world if you think that the 2 seasons in the premier league were really where we belonged...

Glory hunting f*cking Chairman more like! We put up with being relegated despite him spouting shyte about PL ambition whilst completely failing to walk the talk. What is hard to stomach is continuing to pay through the nose to watch absolute shyte whilst plummeting towards League One. Meantime Madejski and his followers continue to feed us shyte (mind you, in the process, they have proved you can fool some of the people all of the time).

There aren't many supporters who would have put up with our dire form, particularly at home, without turning on their board an awful lot earlier.

As for dream worlds, I think you'll find it was Madejski and Howe who talked most about our rightful place being in the PL.

[DOYLERSAROYALER]

Yeah, agreed. He has BOUND to have been approached on a number of occasions and turned down bids, you just know how tight he is with his money. You telling me in 3/4 years of constantly claiming the clubs for sale we've had no concrete interest, righto lol.

Ill tell you how tight he is with his money - a relation of mine works in the Restaurant in the hotel, and he is served his 3 course meals in his penthouse flat - When each of his courses are brought up to him and are served individually and then taken away after each, he will give the waiter/waitress 50p ...sometimes been known to be in 5p pieces as well - down in the restaurant these guys are getting £5 upward tips....

I couldnt care if it was sold to an unknown investor - would we really be any worse off now?? - no further investment going to be made - laughable that both Egoman and his grapefeeder, suggest in their interviews, that we have one of the largest and one of the BEST squads in the division...they both need to fook off, and the sooner the better for salvaging anything there is to salvage for the future of the club

[royal_cornwall]

[quote="howser"]He is systematically runnning us into the ground, we are the cancer in his bank balance,quote]

His printing company BGP is losing vast amounts of money on a weekly basis but he's still hanging on in there subsidising them.

I wouldn't mind betting that he's losing more there than he'll ever lose at Reading FC

His business £46m-turnover web printer BGP which lost £18.3m last year.

He's also stated that BGP is NOT for sale.

Now you know where his money is going.

[Harpers So Solid Crew]

Looks like we are getting what we really deserve now at RFC, for years he has been lauded, despite putting no money in since he paid for Lita.

Most of his money to RFC seems to have been the Stadium and the Hotel, debts stillowed, yet he wants over 3 time this debt from smeone to buy the club, thats not a bad return.

Was talking to my dad today, and now we are run as a business, so long as it breaks even it does not matter what division we are in, is it better to make a loss in The prem, (despite the figures saying we didnt) or to make a small profit in Divsion 2????

It feels like the fans have been short changed since 2005/6, seems like we are a divided club, with less ambition than for a long time.

Just a perfect day,
Problems all left alone,
Weekenders on our own.
It's such fun.
Just a perfect day,
You made me forget myself.
I thought I was someone else,
Someone good.

Oh it's such a perfect day,
I'm glad I spent it with you.
Oh such a perfect day,
You just keep me hanging on,
You just keep me hanging on.

You're going to reap just what you sow,
You're going to reap just what you sow,
You're going to reap just what you sow,
You're going to reap just what you sow...

[rhroyal]

He has lost hope. I reckon he had a clear business model when he took over the club.

Phase 1 - Buy a lowly, messed up football club on the cheap. Achieved

Phase 2 - Stabilize. Ensure survival and put the club in a position to move forward in the future. Exceeded in the 1990-95 era, and we were honestly punching above our weight.

Phase 3 - Invest. Build a new stadium, get some decent playing staff and management in. Due to the years from 1995-2000 this also came with having to recover the damage of TB 1 and 2.

Phase 4 - Reach the promised land. He never planned to be the man to inject the vast money to take us further than that.

Phase 5 - Leave the club in a strong financial situation, looking strong in the top flight and bright prospects.

Phase 6 - Sell for ££££££.

We were half way through phase 5. We had finished 8th in the Premiership. We had a solid financial base. We had planning permission approved for 38,000. Yet we never got the buyer Madejski expected. He is a businessman, he didn't want to throw needless money at a football club. All of his work for this club had the intention of selling it on at the end for mega bucks to a man who could take us to the next stage.

The model worked for Brum and a couple of other Premiership sides, and to be honest we must have looked like a seriously worthwhile investment at the end of 06/07. Everything up to then had gone to plan for JM.

Then the buyer never came. Then we were relegated. Coppell's fault for not spending? JM's inability to release transfer funds? It barely matters, finding a buyer would have been far harder for JM.

Last season we had a real go at bouncing back but it didn't happen. Now we are where we are. A return to the Premiership looks near impossible without more investment. JM isn't giving us any. He is letting the club run itself. He's not even giving us any more long term, low interest, loans like he has in the past. He just seems to be desperately hoping that somebody comes in for us based upon our reputation from a few years ago.

It was always a risky investment taking us to the Premiership. The risk didn't pay off. He didn't get his buyer. Now he's lost heart. He doesn't want to put any more of his money into our club when a return can't be guaranteed.

If I could talk to JM, I'd tell him that investing and taking the risk again is worth it. A Premiership club is worth 3 or 4 times that of a Championship club, even with our solid financial footing. If we get relegated again, he can write off any hope of getting a sufficient return on what he's put into this club. He must begin investing and risking his money again if he wants to make money out of this club - at the moment he looks more like he is cutting his losses. Obviously with that decision would come the risk of losing even more, I can see his predicament.

The issue is he doesn't seem to want to cut his losses either. He's holding out for his asking price which will see a sufficient return, whilst the value of his club plummets. He either has to risk more of his money and make a good return off the club or he needs to cut his losses and sell up now. He can't have the return without the further risk though - he needs to wake up.

[Mad Dog's Ghost]

Here's one guarantee for SJM - season ticket renewals (which provide crucial revenue) will be down BIG time if 2010 goes the same way as 09. If we stay up, I reckon we'll be down to about 7,000 STHs. Go down and probably about 4,500, barring a HUGE price reduction.

[FiNeRaIn]

Here's one guarantee for SJM - season ticket renewals (which provide crucial revenue) will be down BIG time if 2010 goes the same way as 09. If we stay up, I reckon we'll be down to about 7,000 STHs. Go down and probably about 4,500, barring a HUGE price reduction.

He'll just further punish the loyal fans that still go by further cutting our first team. C**t that he is.

[working class hero]

"Because of the financial situation, which has been well talked about, I can't see the chairman investing in any acquisitions in January"

No more pervy statuettes then.

I believe the Degas has also been sold.

[Big Foot]

Glory hunting fans....

The whole thing about supporting your team is that you do it through the goodtimes and the badtimes...far too many of you are living in a dream world if you think that the 2 seasons in the premier league were really where we belonged...

The club will be here long after Madejski or whoever has gone, that I can guarantee you. Unlike some, I'm not saying I won't renew my ST or stop going to games etc as I still love the club.

However it's frustrating the way we've fallen from grace so dramatically. Did you actually go yesterday? Maybe if you did then you'd share in the general sense of apathy towards the team and Madejski right now.

[stuart sweden]

Jesus this board has become so lame... We are in the shit because of the management staff. When we were relegated from the premier league we should of got in a new management team as the rot started last season. Coppell did wonders for the club but his time was up, he knew it and tried to get out. The Chaiman had faith in Rodgers and the majority of posters on here were happy with his appointment. However after a couple of games and his total lack of man management skills it was pretty clear Rodgers is no more than a coach. Rodgers is the one responsible for getting in terrible players such as Rasiak Cummings and letting far to many young players in at once. Madejski gave the idiot the money and he spent it unwisely. Get off the chairmans back lets see what happens in january and who we get in as management. Its does all look a bit grim though as a player like thorvaldsson will be hit or miss, hes either been really good or really bad at his previous clubs and i just dont understand the deal. Jesus our womens team are better than Esbjerg.

[Royalee]

You Scandinavian folk sure are thick as shit.

[brendywendy]

thread full of morons
your just a thread full of morons
thread full of moooorrrrrrooonns
your just a thread full of morons

[stuart sweden]

You Scandinavian folk sure are thick as shit.

Just shows how thick you are as im not scandinavian

[Royalee]

You Scandinavian folk sure are thick as shit.

Just shows how thick you are as im not scandinavian

You live in Scandinavia, as does Ideal.

[jeff4066]

I think its time for JM to try a bit harder to find a buyer for the club.

But people need to know is that when the stadium was built he only paid a £1 for the land from the council, he paid architects to design the stadium and the retail park, then he went to the retailers, B&Q, Comet, Mcdonalds, etc.. and sold the retail outlets to them before anything was built. When he received the money from them he gave it to the builders to build the stadium and the retail park, so he paid for nothing out of his own pocket apart from the architect which would come to only £2 or £3 million tops.

Then he sold Autotrader and went to live in Malaysia for a year to avoid paying £46 million in tax.

I think JM has done a great job in his time but I want to stop the myth that alot of fans still think that he paid for the stadium out of his own pocket when he hasnt, he has put in minimal amounts of money to the club.

[brendywendy]

~ 40 million.........

pah

peanuts

[Royalee]

Jesus this board has become so lame... We are in the shit because of the management staff. When we were relegated from the premier league we should of got in a new management team as the rot started last season. Coppell did wonders for the club but his time was up, he knew it and tried to get out. The Chaiman had faith in Rodgers and the majority of posters on here were happy with his appointment. However after a couple of games and his total lack of man management skills it was pretty clear Rodgers is no more than a coach. Rodgers is the one responsible for getting in terrible players such as Rasiak Cummings and letting far to many young players in at once. Madejski gave the idiot the money and he spent it unwisely. Get off the chairmans back lets see what happens in january and who we get in as management. Its does all look a bit grim though as a player like thorvaldsson will be hit or miss, hes either been really good or really bad at his previous clubs and i just dont understand the deal. Jesus our womens team are better than Esbjerg.

'Terribly bad' player Rasiak was our joint top scorer until yesterday and has 6 goals in 11 starts, which is slightly better than 'terribly bad'. Cummings has been poor thus far but we didn't pay much for him and he's young with time to improve. Quite how spending minus £9 million on a team which were just as poor in the second half of last season without the likes of Kevin Doyle who is a decent Premier League striker and others is 'giving the idiot money' is beyond me to be honest. Mick Gooding said that if Rodgers had managed to get us mid-table at the end of the season then it would have been nothing short of a miracle and he's right - name another club which has asset stripped like we have, slashed the wage bill in half, sold £12 million worth of players without replacing them and not struggled at this level and I'll show you a liar. Thorvaldsson (a loanee) on his own will not be good enough to solve our problems and frankly I feel sorry for the guy as he won't be able to play right back, left wing and up front at the same time. Ever since we finished 8th in the Premiership, our chairman has stopped reinvesting in the club and as a result of this, we will be relegated at the end of this season unless he drastically changes his approach within the next month.

[stuart sweden]

Jesus this board has become so lame... We are in the shit because of the management staff. When we were relegated from the premier league we should of got in a new management team as the rot started last season. Coppell did wonders for the club but his time was up, he knew it and tried to get out. The Chaiman had faith in Rodgers and the majority of posters on here were happy with his appointment. However after a couple of games and his total lack of man management skills it was pretty clear Rodgers is no more than a coach. Rodgers is the one responsible for getting in terrible players such as Rasiak Cummings and letting far to many young players in at once. Madejski gave the idiot the money and he spent it unwisely. Get off the chairmans back lets see what happens in january and who we get in as management. Its does all look a bit grim though as a player like thorvaldsson will be hit or miss, hes either been really good or really bad at his previous clubs and i just dont understand the deal. Jesus our womens team are better than Esbjerg.

'Terribly bad' player Rasiak was our joint top scorer until yesterday and has 6 goals in 11 starts, which is slightly better than 'terribly bad'. Cummings has been poor thus far but we didn't pay much for him and he's young with time to improve. Quite how spending minus £9 million on a team which were just as poor in the second half of last season without the likes of Kevin Doyle who is a decent Premier League striker and others is 'giving the idiot money' is beyond me to be honest. Mick Gooding said that if Rodgers had managed to get us mid-table at the end of the season then it would have been nothing short of a miracle and he's right - name another club which has asset stripped like we have, slashed the wage bill in half, sold £12 million worth of players without replacing them and not struggled at this level and I'll show you a liar. Thorvaldsson (a loanee) on his own will not be good enough to solve our problems and frankly I feel sorry for the guy as he won't be able to play right back, left wing and up front at the same time. Ever since we finished 8th in the Premiership, our chairman has stopped reinvesting in the club and as a result of this, we will be relegated at the end of this season unless he drastically changes his approach within the next month.

You are Brendon!?! or thick as shit or indeed both...

[Royalee]

No, I just actually attend games and can read football.

[FiNeRaIn]

One man is not to blame for this, how many times does it have to be said?

Madejski, howe, hammond and rodgers are to blame for the mess we are in. All of them take the portion of the blame. One has gone and i'd like to see the remaining three go also.