CONFRIMED: Latest rumours Confrimed as Unconfrimed

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Wimb
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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Wimb » 04 Dec 2024 09:39

Sutekh
Royals and Racers Not sure how he can claim 9.5 M in potential lost profits as no doubt the club is still haemorrhaging considerable amounts monthly.


Presumably something that can be argued in big finance accounting talk. Anyway some very big lawyers, who you’d think know their stuff, must think it’s a reasonable chance of winning a legal battle.


Certainly feels like a negotiating tactic as he must know there's limited chance of him seeing that money.

'Accept the bid and this goes away' kind of situation.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by WestYorksRoyal » 04 Dec 2024 11:19

Wimb
Sutekh
Royals and Racers Not sure how he can claim 9.5 M in potential lost profits as no doubt the club is still haemorrhaging considerable amounts monthly.


Presumably something that can be argued in big finance accounting talk. Anyway some very big lawyers, who you’d think know their stuff, must think it’s a reasonable chance of winning a legal battle.


Certainly feels like a negotiating tactic as he must know there's limited chance of him seeing that money.

'Accept the bid and this goes away' kind of situation.

Dai's got 99 problems, I don't know if his lady is one. But Couhig is clearly trying to create another one which will simply go away if he just sells up.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Crusader Royal » 04 Dec 2024 11:53

Brogue
Reading have been hit with


Sloppy, or maybe deliberate wording from The Sun. Dai has been hit with... he's not suing Reading


He’s not sueing Dai. He’s sueing Renhe the holding company that owns Reading.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Crusader Royal » 04 Dec 2024 11:57

Sutekh
Royals and Racers Not sure how he can claim 9.5 M in potential lost profits as no doubt the club is still haemorrhaging considerable amounts monthly.


Presumably something that can be argued in big finance accounting talk. Anyway some very big lawyers, who you’d think know their stuff, must think it’s a reasonable chance of winning a legal battle.


Potentially lots of different things.
- loss of profit because Couhig and others spent time on the deal instead of other business interests
- losses as a result of having £5 million on loan at Reading rather than generating income elsewhere
- if he presented a business plan for say 3 years which showed a return in the 3rd year he could be claiming for that.

But tend to agree it’s all about the negotiation.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Hound » 04 Dec 2024 13:51

Do again wonder if the likely sales of Bindon/Garcia/anyone else a good team fancies are stopping Dai selling. And also if the Olise sell on did the same thing

From a logical pov I can see why he’d not sell with potentially a big chunk of cash coming in. But not sure logic has much to do with Dai’s dealings


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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Elm Park Kid » 04 Dec 2024 13:58

Seems like Selles is fed up with the whole situation then if he's going to go to Hull of all places.

Not sure who else is going to want to come to the club - think our choices will be limited to Noel Hunt or some absolute random.

The players are going to give up soon when it becomes clear that Dai would rather drive the club into a ditch than sell at any kind of reasonable price.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Pepe the Horseman » 04 Dec 2024 14:26

Hound Do again wonder if the likely sales of Bindon/Garcia/anyone else a good team fancies are stopping Dai selling. And also if the Olise sell on did the same thing

From a logical pov I can see why he’d not sell with potentially a big chunk of cash coming in. But not sure logic has much to do with Dai’s dealings

Was told last year by someone "in the room" that a deal breaker was Dai wanting a cut of future player sales, which was presumably about the Olise. So can definitely see it being a problem now it looks like we could get some decent cash for Bindon and Garcia.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Mid Sussex Royal » 04 Dec 2024 14:56

Pepe the Horseman
Hound Do again wonder if the likely sales of Bindon/Garcia/anyone else a good team fancies are stopping Dai selling. And also if the Olise sell on did the same thing

From a logical pov I can see why he’d not sell with potentially a big chunk of cash coming in. But not sure logic has much to do with Dai’s dealings

Was told last year by someone "in the room" that a deal breaker was Dai wanting a cut of future player sales, which was presumably about the Olise. So can definitely see it being a problem now it looks like we could get some decent cash for Bindon and Garcia.


Can understand that with Olise as was a sell on but the money is now gone.

The players value will be included in the sale price I assume?

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Hound » 04 Dec 2024 16:28

Mid Sussex Royal
Pepe the Horseman
Hound Do again wonder if the likely sales of Bindon/Garcia/anyone else a good team fancies are stopping Dai selling. And also if the Olise sell on did the same thing

From a logical pov I can see why he’d not sell with potentially a big chunk of cash coming in. But not sure logic has much to do with Dai’s dealings

Was told last year by someone "in the room" that a deal breaker was Dai wanting a cut of future player sales, which was presumably about the Olise. So can definitely see it being a problem now it looks like we could get some decent cash for Bindon and Garcia.


Can understand that with Olise as was a sell on but the money is now gone.

The players value will be included in the sale price I assume?


Same thing I guess - Dai will still want the same price with or without Garcia/Selles/Bindon etc


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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Sutekh » 04 Dec 2024 16:56

Pepe the Horseman
Hound Do again wonder if the likely sales of Bindon/Garcia/anyone else a good team fancies are stopping Dai selling. And also if the Olise sell on did the same thing

From a logical pov I can see why he’d not sell with potentially a big chunk of cash coming in. But not sure logic has much to do with Dai’s dealings

Was told last year by someone "in the room" that a deal breaker was Dai wanting a cut of future player sales, which was presumably about the Olise. So can definitely see it being a problem now it looks like we could get some decent cash for Bindon and Garcia.


The ******* issue with the sale of the club is the owner. He’s in a terrible position with, seemingly, writs landing on him from all directions yet still seems to be trying it on and making it a whole lot worse. He looks determined now to drag the club into the morass with him.

The Chronic confirming Selles to Hull talks

He’d be mad to go to Hull given the seeming interference of their owner in team matters, esp in signing random players from Turkish sides.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Hound » 04 Dec 2024 17:44

I’d like to think he’s earned himself a far better move than Hull tbh

I’ve a feeling it might not happen but he’ll be off shortly after somewhere better

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Snowflake Royal » 04 Dec 2024 17:50

Hound I’d like to think he’s earned himself a far better move than Hull tbh

I’ve a feeling it might not happen but he’ll be off shortly after somewhere better

I think he'll view succeeding here despite the ownership as reason not to be concerned about that. In which case he's simply looking at pay rise and higher level. He'll believe he can turn them around or he wouldn’t be in the job.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Royal Ginger » 04 Dec 2024 21:01

Hull may be able to offer him generational wealth compared to the likely pittance he is currently earning.

It’s one thing to love your job, it’s quite another to secure the future of you and your family for the rest of your lives.


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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by 72 bus » 04 Dec 2024 21:10

Elm Park Kid Seems like Selles is fed up with the whole situation then if he's going to go to Hull of all places.

Not sure who else is going to want to come to the club - think our choices will be limited to Noel Hunt or some absolute random.

The players are going to give up soon when it becomes clear that Dai would rather drive the club into a ditch than sell at any kind of reasonable price.


Addressing the rumours, Selles said: "We talked about speculation a couple of months ago with another club in the Championship. Literally the last 24 hours I have been fully focused on the team. If there is something it is always my agent and I don’t want to know anything, especially when we have a game like today.

"I am happy here giving everything for this club. I am enjoying this group of players, and the things have done, are doing and hopefully will do."

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by WestYorksRoyal » 04 Dec 2024 21:13

I've never been one for conspiracies, but if Dai was intent on providing a slow, painful death for the club, he'd have basically acted exactly like he has done for the past 2 years. Throw in occasional hope and then tear it away.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Orion1871 » 04 Dec 2024 21:57

Royal Ginger Hull may be able to offer him generational wealth compared to the likely pittance he is currently earning.

It’s one thing to love your job, it’s quite another to secure the future of you and your family for the rest of your lives.


Hull is in Yorkshire mate not Saudi Arabia.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Royal Ginger » 04 Dec 2024 22:09

Orion1871
Royal Ginger Hull may be able to offer him generational wealth compared to the likely pittance he is currently earning.

It’s one thing to love your job, it’s quite another to secure the future of you and your family for the rest of your lives.


Hull is in Yorkshire mate not Saudi Arabia.

Ha! Yes, totally, generational may be a stretch but I doubt he’s ever got a million (or decent decimal of that) quid signing bonus with either Saints or us. Hull might throw something like that at him to tease him away. I’d do dark dark things to get the mortgage from around my neck. Hull might be a stretch but daaaark things.

Plus the Tea’s not bad.

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Elm Park Kid » 04 Dec 2024 22:13

72 bus
Elm Park Kid Seems like Selles is fed up with the whole situation then if he's going to go to Hull of all places.

Not sure who else is going to want to come to the club - think our choices will be limited to Noel Hunt or some absolute random.

The players are going to give up soon when it becomes clear that Dai would rather drive the club into a ditch than sell at any kind of reasonable price.


Addressing the rumours, Selles said: "We talked about speculation a couple of months ago with another club in the Championship. Literally the last 24 hours I have been fully focused on the team. If there is something it is always my agent and I don’t want to know anything, especially when we have a game like today.

"I am happy here giving everything for this club. I am enjoying this group of players, and the things have done, are doing and hopefully will do."


Narrator: "Selles left Reading the next day."

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Royal Monkey » 05 Dec 2024 04:04

Lol at people thinking there are any current negotiations or exclusivity regards the sale of the club!

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Re: CONFRIMED: Latest rumours Confrimed as Unconfrimed

by Mr Angry » 05 Dec 2024 08:05

Dai is hanging n until the end of January in order to pocket the proceeds from the sale of key players such as Bindon; he will almost certainly prioritise as high an initial fee as possible for our players, and accept a much lower sum for add-ons/sell on clauses because he doesn't give a sh1t about the medium/long term future of our football club.

RFC remains the only thing it always was to him; a means to get wealthier, one that - through his own mendacity and incompetence - hasn't worked out for him, but he is still determined to extract every last Yuan from us before he finally goes.

I hope he rots in the hell hole of a Chinese jail until his dying day.

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