Madejski comments on club ownership

[strap]

The first thing an American owner will probably do is rename our franchise as the "Thames Valley Royals" and move us to Slough because it's nearer Heathrow

More than happy to be corrected, but from the evidence of other American owners of English football clubs, the first thing they would do would be to load the debt they used to buy the club onto the club itself.

Obviously they would have to pay off Mr Mad's loans first, (assuming both AZ and SJM sell up), but the precedent was set at Manure. "Be careful what you wish for" is a saying I believe from across the pond, and I would imagine very true if an American t/o transpires!

[royalZILLAAA]

would be dollars surely if Americans.

£££££££££££££ is probably about $$$$$$$$$$$$$$$$$$$$$$$$ in dollars, hth

[Chuckle Brother]

Probably a consortium led by Bernard Madoff.

Is he related to Jobi McMadoff ?

[Uke]

Committed to the long term future of RFC by selling up?

You're clutching at straws.

What was the actual quote then? If you don't know then don't pretend you do.

I heard the actual interview myself, as it happens. Madj sounded shifty and uncertain during said interview, the only thing he said with certainty was that AZ was committed to the club.

So - is he naive or a liar? Bit of both, I'd say.

Probably the fact he couldn't say anything either way, so he plumped for the "not unduly concerned" non-lie non-statement

[RoyalBlue]

Committed to the long term future of RFC by selling up?

You're clutching at straws.

What was the actual quote then? If you don't know then don't pretend you do.

I heard the actual interview myself, as it happens. Madj sounded shifty and uncertain during said interview, the only thing he said with certainty was that AZ was committed to the club.

So - is he naive or a liar? Bit of both, I'd say.

Did he say that AZ was committed to the club or did he say that he and AZ both had a common interest in wanting to see the club promoted to the PL again? Subtle but massive difference. His words/answers (and probably the questions themselves) were very carefully scripted. I wouldn't say he lied but I don't think we were told the full truth. An awful lot could be read (probably very correctly) into not only how he said things but also from what he didn't say.

[RoyalBlue]

The first thing an American owner will probably do is rename our franchise as the "Thames Valley Royals" and move us to Slough because it's nearer Heathrow

I'm all in favour of the second part. If the new owners like, I'll meet them at Heathrow and drive them around the local area!

[Uke]

The first thing an American owner will probably do is rename our franchise as the "Thames Valley Royals" and move us to Slough because it's nearer Heathrow

I'm all in favour of the second part. If the new owners like, I'll meet them at Heathrow and drive them around the local area!

SL4 - where the Queen lives...

[Agent Balti]

Let's hope this American doesn't think that the Castle was built under the Heathrow flightpath...

[RoyalBlue]

The first thing an American owner will probably do is rename our franchise as the "Thames Valley Royals" and move us to Slough because it's nearer Heathrow

I'm all in favour of the second part. If the new owners like, I'll meet them at Heathrow and drive them around the local area!

SL4 - where the Queen lives...

Yes, she's got loads of room - the Yanks could stick a new stadium in her back garden!

[sandman]

The Greeks got into her back garden years ago.

[Barry the bird boggler]

The first thing an American owner will probably do is rename our franchise as the "Thames Valley Royals" and move us to Slough because it's nearer Heathrow

Bracknell would be better as it gives the M3 as an option in the event of the usual traffic chaos around the M25. Plus handier if using Gatwick...

[Barry the bird boggler]

Probably a consortium led by Bernard Madoff.

No I really don't think so somehow

[Bandini]

Probably a consortium led by Bernard Madoff.

Would have the advantage that we could continue calling it the Madstad.

Yes.

[3points]

Did he say that AZ was committed to the club or did he say that he and AZ both had a common interest in wanting to see the club promoted to the PL again? Subtle but massive difference. His words/answers (and probably the questions themselves) were very carefully scripted. I wouldn't say he lied but I don't think we were told the full truth. An awful lot could be read (probably very correctly) into not only how he said things but also from what he didn't say.

Most definitely this! AZ's dad to fund the wage bill until new owner is confirmed, as investor will repay all of AZ's loans into the club (SJM's were repaid at the time of the original transaction)

[genome]

http://www.readingfc.co.uk/news/article ... 79952.aspx

'Progress is being made'

Chairman Sir John Madejski has spoken about potential new investment in Reading Football Club.

Writing in his most recent programme notes, the Chairman said, "Much has been spoken about the ownership status and investment in the club over the last few months.

"I can reassure Royals fans that progress is being made with regards to that, and the most important statement I can make at this moment in time is that we are all very confident about the future at Reading.

"As I say, progress is being made, and it is naturally in the interests of every single person connected to the club to attain promotion back to the Premier League as soon as possible."

Chief Executive Nigel Howe said, "There are a number of parties interested in acquiring ownership of the club.

"Discussions have been ongoing for a number of months and we are hopeful of having funding secured by the end of January, so that we will be able to invest in this transfer window."

I find it odd that Madejski said Anton was committed to RFC in that prior interview (he definitely said that, I wasn't paraphrasing in the OP), perhaps he meant as a supporter?

[Ian Royal]

Committed to getting the right deal?

[Uke]

http://www.readingfc.co.uk/news/article/club-update-070114-1279952.aspx

'Progress is being made'

Chairman Sir John Madejski has spoken about potential new investment in Reading Football Club.

Writing in his most recent programme notes, the Chairman said, "Much has been spoken about the ownership status and investment in the club over the last few months.

"I can reassure Royals fans that progress is being made with regards to that, and the most important statement I can make at this moment in time is that we are all very confident about the future at Reading.

"As I say, progress is being made, and it is naturally in the interests of every single person connected to the club to attain promotion back to the Premier League as soon as possible."

Chief Executive Nigel Howe said, "There are a number of parties interested in acquiring ownership of the club.

"Discussions have been ongoing for a number of months and we are hopeful of having funding secured by the end of January, so that we will be able to invest in this transfer window."

I find it odd that Madejski said Anton was committed to RFC in that prior interview (he definitely said that, I wasn't paraphrasing in the OP), perhaps he meant as a supporter?

Because Madejski clearly thought the Anton could best show his commitment to the future stability of RFC by Fucking off ASAP as he was nothing but a liability (an example being personally negotiating with Sissoko)

[RoyalBlue]

http://www.readingfc.co.uk/news/article/club-update-070114-1279952.aspx

'Progress is being made'

Chairman Sir John Madejski has spoken about potential new investment in Reading Football Club.

Writing in his most recent programme notes, the Chairman said, "Much has been spoken about the ownership status and investment in the club over the last few months.

"I can reassure Royals fans that progress is being made with regards to that, and the most important statement I can make at this moment in time is that we are all very confident about the future at Reading.

"As I say, progress is being made, and it is naturally in the interests of every single person connected to the club to attain promotion back to the Premier League as soon as possible."

Chief Executive Nigel Howe said, "There are a number of parties interested in acquiring ownership of the club.

"Discussions have been ongoing for a number of months and we are hopeful of having funding secured by the end of January, so that we will be able to invest in this transfer window."

I find it odd that Madejski said Anton was committed to RFC in that prior interview (he definitely said that, I wasn't paraphrasing in the OP), perhaps he meant as a supporter?

I maintain that during that interview with Madejski, Anton's 'commitment' was limited to having a common interest in getting Reading back into the PL. However, one thing that Madejski did definitely say during his staged interview was that there would be funding available in the January window. Dellor even made him repeat it for clarity and the word 'definitely' was used in relation to funding being available.

Now, just a week or so later, that has been watered down and we are now being told 'the club are hopeful of having funding secured by the end of January so that we can invest in this transfer window'.

So f*cking typical of the business management of Reading FC. Funding is supposedly there and then nothing materialises. I wouldn't blame Adkins for publically telling Madejski and Anton to stuff their job if they go back on their commitments to him in this manner. As for any potential replacement, who is gong to believe anything they are told with regard to funding to improve the squad?

[Royal Biscuitman]

Let's hope this American doesn't think that the Castle was built under the Heathrow flightpath...

I hope he doesn't think "Royals" means he's buying into Royalty

[Uke]

http://www.readingfc.co.uk/news/article/club-update-070114-1279952.aspx

'Progress is being made'

Chairman Sir John Madejski has spoken about potential new investment in Reading Football Club.

Writing in his most recent programme notes, the Chairman said, "Much has been spoken about the ownership status and investment in the club over the last few months.

"I can reassure Royals fans that progress is being made with regards to that, and the most important statement I can make at this moment in time is that we are all very confident about the future at Reading.

"As I say, progress is being made, and it is naturally in the interests of every single person connected to the club to attain promotion back to the Premier League as soon as possible."

Chief Executive Nigel Howe said, "There are a number of parties interested in acquiring ownership of the club.

"Discussions have been ongoing for a number of months and we are hopeful of having funding secured by the end of January, so that we will be able to invest in this transfer window."

I find it odd that Madejski said Anton was committed to RFC in that prior interview (he definitely said that, I wasn't paraphrasing in the OP), perhaps he meant as a supporter?

I maintain that during that interview with Madejski, Anton's 'commitment' was limited to having a common interest in getting Reading back into the PL. However, one thing that Madejski did definitely say during his staged interview was that there would be funding available in the January window. Dellor even made him repeat it for clarity and the word 'definitely' was used in relation to funding being available.

Now, just a week or so later, that has been watered down and we are now being told 'the club are hopeful of having funding secured by the end of January so that we can invest in this transfer window'.

So f*cking typical of the business management of Reading FC. Funding is supposedly there and then nothing materialises. I wouldn't blame Adkins for publically telling Madejski and Anton to stuff their job if they go back on their commitments to him in this manner. As for any potential replacement, who is gong to believe anything they are told with regard to funding to improve the squad?

Funds were going to be available last January

Funds were going to be available last transfer window

SJM was definitely getting his cash for his share a couple of months ago

Funds were going to be available this transfer window



Wouldn't be surprised if TSI stall on the deal until after the window shuts to get an extra £3.64 for their shares.

Or it could be the dispute over the "Operating Costs" they wanted to charge...