New Owners - Redwood Watch

[Linden Jones' Tash]

So running Reading FC isn't like running Wycombe Wonderers FC?....

What a shocker...

[Snowflake Royal]

Sounds like you won’t have insider news much longer if your contact is leaking everything under the sun and hates the new owners. Especially with you making everything they say public.

[Sutekh]

Might just be someone with an axe to grind for some reason. Cloth was accordingly cut at Wycombe and the club hit its most successful period which rather suggests RC knows what he’s doing. Would presume the same will happen here with things being prioritised. They certainly wouldn’t want bad PR or discontent rumours getting back to the FL either.

There’s a Q&A thing with RC coming up in a couple of weeks, arranged by the former players association. Perhaps some pertinent questions should be asked around the club infrastructure, by those in attendance.

[Linden Jones' Tash]

Might just be someone with an axe to grind for some reason. Cloth was accordingly cut at Wycombe and the club hit its most successful period which rather suggests RC knows what he’s doing. Would presume the same will happen here with things being prioritised. They certainly wouldn’t want bad PR or discontent rumours getting back to the FL either.

There’s a Q&A thing with RC coming up in a couple of weeks, arranged by the former players association. Perhaps some pertinent questions should be asked around the club infrastructure, by those in attendance.

It's hosted by Adi Williams so don't hold your breath on the 'pertinent question' front...

[WestYorksRoyal]

Calling bullshit on this one. A lawyer is not stupid enough to fire people without paying them what they're legally entitled to. He'd be at risk of getting sued for much more than he's saving short term.

[PieEater]

Calling bullshit on this one. A lawyer is not stupid enough to fire people without paying them what they're legally entitled to. He'd be at risk of getting sued for much more than he's saving short term.

Generally redundancy terms are non contractual. I've been at places where the usual pay off was 1month pay per year of service but they don't have to pay that, they have to pay the government statutory which is 1 week per year capped at just over £700 per week, so 10 yrs service gets you £7k via statuory. Not great.

[Mid Sussex Royal]

Might just be someone with an axe to grind for some reason. Cloth was accordingly cut at Wycombe and the club hit its most successful period which rather suggests RC knows what he’s doing. Would presume the same will happen here with things being prioritised. They certainly wouldn’t want bad PR or discontent rumours getting back to the FL either.

There’s a Q&A thing with RC coming up in a couple of weeks, arranged by the former players association. Perhaps some pertinent questions should be asked around the club infrastructure, by those in attendance.

It's hosted by Adi Williams so don't hold your breath on the 'pertinent question' front...

Agree - no chance with that clown. He spends more time talking than asking questions.

[Orion1871]

Adie is actually quite good at these evenings. He asked some pretty good questions to Selles at that q&a and actually pushed for answers.

Whether he'll be any good at getting a lawyer to answer questions is debatable though.

[Whore Jackie]

Adie is actually quite good at these evenings. He asked some pretty good questions to Selles at that q&a and actually pushed for answers.

Whether he'll be any good at getting a lawyer to answer questions is debatable though.

This. Q&A Ady >>>>> Radio Ady

[Linden Jones' Tash]

Likes the sound of his own voice too much for me....

And goes off on random tangents because he wants to rustle up click bait controversy....

E.G.: I didn't go to the Simod Cup evening to hear Mick Tait's views on VAR or on how Adi believes 'modern footballers' are too soft and paid too much...

I'm happy to be proved wrong and maybe he will get some detail on how RFC can generate enough income to pay the bills and won promotion to the Championship and make RC a tidy profit...

[Whore Jackie]

Really not a fan of the BBC Berkshire football coverage at all, so I get that people dislike Ady et al. But the former players’ Q&A evenings are excellent and Ady is a very good host. He really did push Ruben on several contentious points and got answers. Hopefully he’ll do the same with Rob. With the radio station being slightly eased out of the picture at the Club, reckon he’ll go for it.

[Royal_jimmy]

If we sell Knibbs but make the signings of Cole, Bowler and Doyle then fans moaning will quieten down.

If we don't sign anyone and we lose a couple of the first 3 games then Todd and Rob will get criticism after it being obvious we're light up front and creatively.

[Extended-Phenotype]

It’s tricky to judge with the window yet to close, but selling one of our few creatives while seemingly struggling to get goal-scorers through the door seems crazy. I guess the plan is probably to cash in on our middle where we have the most depth and reinvest further forward.

Gutted to lose Knibbs, though. He was a personal favourite and I’d have given our window the thumbs up if we held onto Lewis, Charlie, Harvey and Joel.

[ILoveMoonPig]

That's just the situation we're in, we lost hundreds of millions under Dai, didn't we? We had a few years of massively going over budget in the hopes of getting promoted from the championship and we didn't. I don't think we can really offset that with a few years of reducing budget, because we're probably still way over budget for our income. Its going to take a long, long time to financially balance the club again. We're going to have quite a few 'summer rebuilds' and selling our higher value players to pay for stadium/training facility maintenance, loan repayments, tax bills etc, until our income matches our outgoings appropriately.

We can't spend our way out of this, we're going to have to sell our way out of it over a long time. But there's a lot to be optimistic about: we still have an academy and a top-notch training facility. We should be able to keep a supply of exciting, high-value young talent coming through and make the most of their time as a Reading player to keep our league position. Yeah, its going to suck in the short-to-medium term, but in the long term, we will be much better off for it.

[windermereROYAL]

That's just the situation we're in, we lost hundreds of millions under Dai, didn't we? We had a few years of massively going over budget in the hopes of getting promoted from the championship and we didn't. I don't think we can really offset that with a few years of reducing budget, because we're probably still way over budget for our income. Its going to take a long, long time to financially balance the club again. We're going to have quite a few 'summer rebuilds' and selling our higher value players to pay for stadium/training facility maintenance, loan repayments, tax bills etc, until our income matches our outgoings appropriately.

We can't spend our way out of this, we're going to have to sell our way out of it over a long time. But there's a lot to be optimistic about: we still have an academy and a top-notch training facility. We should be able to keep a supply of exciting, high-value young talent coming through and make the most of their time as a Reading player to keep our league position. Yeah, its going to suck in the short-to-medium term, but in the long term, we will be much better off for it.

You put that on Twitter/X and they`ll be after your blood.

[Snowflake Royal]

That's just the situation we're in, we lost hundreds of millions under Dai, didn't we? We had a few years of massively going over budget in the hopes of getting promoted from the championship and we didn't. I don't think we can really offset that with a few years of reducing budget, because we're probably still way over budget for our income. Its going to take a long, long time to financially balance the club again. We're going to have quite a few 'summer rebuilds' and selling our higher value players to pay for stadium/training facility maintenance, loan repayments, tax bills etc, until our income matches our outgoings appropriately.

We can't spend our way out of this, we're going to have to sell our way out of it over a long time. But there's a lot to be optimistic about: we still have an academy and a top-notch training facility. We should be able to keep a supply of exciting, high-value young talent coming through and make the most of their time as a Reading player to keep our league position. Yeah, its going to suck in the short-to-medium term, but in the long term, we will be much better off for it.

You put that on Twitter/X and they`ll be after your blood.

Scary, they might have to put on trousers and stop drooling on themselves.

[WestYorksRoyal]

That's just the situation we're in, we lost hundreds of millions under Dai, didn't we? We had a few years of massively going over budget in the hopes of getting promoted from the championship and we didn't. I don't think we can really offset that with a few years of reducing budget, because we're probably still way over budget for our income. Its going to take a long, long time to financially balance the club again. We're going to have quite a few 'summer rebuilds' and selling our higher value players to pay for stadium/training facility maintenance, loan repayments, tax bills etc, until our income matches our outgoings appropriately.

We can't spend our way out of this, we're going to have to sell our way out of it over a long time. But there's a lot to be optimistic about: we still have an academy and a top-notch training facility. We should be able to keep a supply of exciting, high-value young talent coming through and make the most of their time as a Reading player to keep our league position. Yeah, its going to suck in the short-to-medium term, but in the long term, we will be much better off for it.

I wonder if that's the vision Wing, Pereira and O'Connor were sold when they signed up.

[Forbury Lion]

Calling bullshit on this one. A lawyer is not stupid enough to fire people without paying them what they're legally entitled to. He'd be at risk of getting sued for much more than he's saving short term.

Generally redundancy terms are non contractual. I've been at places where the usual pay off was 1month pay per year of service but they don't have to pay that, they have to pay the government statutory which is 1 week per year capped at just over £700 per week, so 10 yrs service gets you £7k via statuory. Not great.

Companies can re-write policies, The redundancy policy that existed before the new owners took over may have been superseded.
In my experience though, I've only had employers amend it upwards when doing a re-org and announcing enhanced redundancy packages as a sweetener, but other companies facing financial issues may bin their policy altogether and stick to statutory redundancy.

I do think it's something they should consider carefully, especially for low paid long serving loyal employees where it's a drop in the ocean to the employer whether they pay them the minimum or what they would have expected.