TAKEOVER *NOT* CONFIMRED

[karbota]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

Agree, good post.

[Loafer]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

If Labour get involved in football I'm boycotting all football and watching rugby and cricket from now on

[Snowflake Royal]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

Bore off

[Armadillo Roadkill]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

Yeah, because allowing football to be run on free market principles has been working brilliantly for decades now, hasn't it?

This free market bullshït is economically, philosophically and sociologically illiterate.

A centrally planned economy is too complex to ever be effective in all areas. Where there are low barriers to entry and the capacity to respond quickly to changes in customer behaviour then the market is efficient.

Football is not such a "product." A football club is not easily replaced. It is part of its community, it is part of a society's intangible culture, there is no economic or human advantage in allowing the current unregulated model.

The barriers to replacing a failing club with a new one are vast. The costs of a regulator are negligible given football's' turnover and contribution to GDP.

And karbota agrees with you. That alone should be sufficient evidence that you're bang out of order.

[leon]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

If Labour get involved in football I'm boycotting all football and watching rugby and cricket from now on

Another benefit of a Labour government. When can I vote?

[SouthDownsRoyal]

Earnshaw is the only one who can be trusted. You'd think the ITKs would have learned by now that Dai is unpredictable and whatever their contacts have heard, it means next to nothing.

The ITKs on Twitter are oxf*rd laughable. I have not seen most of them post anything before. Some now claiming there’ll be no news today, like we didn’t know that already. I must stop looking at it.

Very few, if any X users are ITK, they are either making stuff up or are spotty teenagers who are getting off on pretending to know stuff and watching people retweeting them.

[SouthDownsRoyal]

Presumably with the (expected) Labour majority post-election this will help move things along quicker/have more positive backing from the MPs

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

Bore off

LOL

[From Despair To Where?]

Far be it from me to suggest The Green Programme has always spouted gibberish but his love of Dai is evident. I think it's Pang's sleeper account.

Our owners, having seen this, made sweeping changes last January and things have improved ever since.......

......we are moving forward again....

We finished 20th.

So exciting......

Moore, Pele and Puskas...

All in Reading shirts ...

Nurse, the laudanum!!!!

Our owners have resisted the temptation to sell our best players and are ruthless and want success.

Instead of just accepting mediocrity, our owners are investing money, holding on to our best players and showing that they are ruthless.

Our owners have invested massively in the Club and have learned from their mistakes (buying expensive average players with little or no ambition, for inflated prices and eye watering contracts

We'd just signed Ejaria for £3.4m having just come out of an embargo.

Great signings; all of them, this summer.

And once again, our owners have done the business. Credit where it’s due.

Hoilett, Halilovic, Dann, Rahman, Deli Bashiru, Drinkwater. Great signings, all of them.

Great signing if we get him, (Andy Carroll)even coming off the bench. Awesome target man; almost unbeatable in the air in both boxes; and some aggression up front; we haven’t had that since Jason Roberts. And he can finish.
With Drinkwater and Dann and the earlier signings too; and the youngsters around him doing the leg work; this could be an exciting season ahead

I stopped after his first 40 posts.

[Snowflake Royal]

Anyone who uses socialist as an insult is an imbecile.

Uses the Daily Mail trope of quango = bad (they haven’t been quangos for decades anyway) and all regulation is bad, despite the countless examples of no/weak/underfunded regulators lead to apalling behaviour and dreadful standards by business.

Basically just thick as pig shit.

[blythspartan]

According to Howe a deal is a long way off. Yet again we get our hopes up for nothing.

https://twitter.com/RFCLatest

[From Despair To Where?]

Let's get rid of the police because society can self regulate.

[WestYorksRoyal]

According to Howe a deal is a long way off. Yet again we get our hopes up for nothing.

https://twitter.com/RFCLatest

But exclusivity must therefore be close. It's only the first step and there is plenty of process to go through after this point. So this contravenes nothing James Earnshaw has reported, only the ITKs claiming "done deal". What a surprise.

There's still a route to exclusivity and bridging loan this week. And similarly, if this doesn't happen then Howe's timeline may not be achievable.

For context with WBA, their preferred bidder emerged in the middle of January and the deal was complete at the end of February. The Club won't be able to report who the preferred party until the EFL approves them, but media outlets will share it pretty widely.

Edit: I'd add exclusivity gives no guarantees, it's like an offer being accepted on a house. Last week Wycombe had exclusivity over our training ground. But it would still be a checkpoint to celebrate and much further than we've got before.

[blythspartan]

Hopefully, I have copied the correct link to the recording.
https://twitter.com/BBCBerkshire

[blythspartan]

According to Howe a deal is a long way off. Yet again we get our hopes up for nothing.

https://twitter.com/RFCLatest

But exclusivity must therefore be close. It's only the first step and there is plenty of process to go through after this point. So this contravenes nothing James Earnshaw has reported, only the ITKs claiming "done deal". What a surprise.

There's still a route to exclusivity and bridging loan this week. And similarly, if this doesn't happen then Howe's timeline may not be achievable.

For context with WBA, their preferred bidder emerged in the middle of January and the deal was complete at the end of February. The Club won't be able to report who the preferred party until the EFL approves them, but media outlets will share it pretty widely.

Is it definitely 6 to 8 weeks until completion or is he meaning exclusivity? At least all the ITK’s on twitter can oxf*rd off now.

[WestYorksRoyal]

According to Howe a deal is a long way off. Yet again we get our hopes up for nothing.

https://twitter.com/RFCLatest

But exclusivity must therefore be close. It's only the first step and there is plenty of process to go through after this point. So this contravenes nothing James Earnshaw has reported, only the ITKs claiming "done deal". What a surprise.

There's still a route to exclusivity and bridging loan this week. And similarly, if this doesn't happen then Howe's timeline may not be achievable.

For context with WBA, their preferred bidder emerged in the middle of January and the deal was complete at the end of February. The Club won't be able to report who the preferred party until the EFL approves them, but media outlets will share it pretty widely.

Is it definitely 6 to 8 weeks until completion or is he meaning exclusivity? At least all the ITK’s on twitter can oxf*rd off now.

I'd guess completion. Our most reliable reporter has said exclusivity may be close and that there were meetings with multiple parties all Monday. The offers are there and Dai just has to choose which he proceeds with. He may think he can do better and decide on none of them. But then we're back looking at 6 months or so again, as we were when he rejected Genevra. And I don't think this club will last that long without a takeover tbh.

[blythspartan]

But exclusivity must therefore be close. It's only the first step and there is plenty of process to go through after this point. So this contravenes nothing James Earnshaw has reported, only the ITKs claiming "done deal". What a surprise.

There's still a route to exclusivity and bridging loan this week. And similarly, if this doesn't happen then Howe's timeline may not be achievable.

For context with WBA, their preferred bidder emerged in the middle of January and the deal was complete at the end of February. The Club won't be able to report who the preferred party until the EFL approves them, but media outlets will share it pretty widely.

Is it definitely 6 to 8 weeks until completion or is he meaning exclusivity? At least all the ITK’s on twitter can oxf*rd off now.

I'd guess completion. Our most reliable reporter has said exclusivity may be close and that there were meetings with multiple parties all Monday. The offers are there and Dai just has to choose which he proceeds with. He may think he can do better and decide on none of them. But then we're back looking at 6 months or so again, as we were when he rejected Genevra. And I don't think this club will last that long without a takeover tbh.

It sounds like a letter of intent is close so fingers crossed. Now back to work.

[Hendo]

Mega complex business transaction with multiple assets taking a long time to complete. Who’d have thought it, eh?

[Hendo]

Labour do love a quango or two…

They call it creating jobs…..

A regulator will just add to costs - and maintain the status quo - and create another layer of jobsworths justifying their existence and creating nothing.

Wherever a Club is, when the regulator begins - is where they will stay.

Football is a worldwide market.

A regulator would (unless it had worldwide powers) drive money away from UK.

Football should be run by football - not by quangos and foreign owners with dubious records.

EFL should just ratify transfers and players’ wage costs - for every Club, based on last years accounts; adding in any special factors such as promotion or relegation.

It’s not that hard if there is a will to do so.

A new quango is rarely the answer to anything.

If Labour get involved in football I'm boycotting all football and watching rugby and cricket from now on

Another benefit of a Labour government. When can I vote?

+1

[WestYorksRoyal]

While he didn't give away specifics, my interpersonal of his comments is that this Sports.com bid hasn't provided proof and funding and isn't the one.

I suspect that Chiron Sports Group, which has involvement with a previous Charlton director, is the front runner. Howe has been saying that there was one particularly credible bid ahead of the rest, while the EFL mentioned they were aware of a bid fronted by a well known and respected individual. The Athletic reported that these guys walked away on the Bearwood news last week, so it would not surprise me if they're back. I'm not the slightest bit ITK btw, just joining dots.

[Stranded]

According to Howe a deal is a long way off. Yet again we get our hopes up for nothing.

https://twitter.com/RFCLatest

A deal as in a completed deal was never going to be done this week - any deal was always going to be exlusivity but that is a massive deal in our situation. I've always taken any accounts shouting "its done" to mean a deal has been agreed not completed.

If they are drafting the Letter of Intent for the EFL when he was interviewed (so Monday or yesterday) then that is likely to go in today or tomorrow latest. What this means is the short term money issues go away - the prospective owner can either loan or deposit money in the club as a show of good faith from their side to complete the transaction - this will cover all outgoings and hopefully save us 2 points.

It will then likely be 6-8 weeks for the EFL to do their bit and the new owners to do whatever else they need to do and well, just let the legal procedures of purchase work through.

It can always still fall through but funding will be in place and unless the party not selected totally lose interest, then if it does there is another party who can step in.

So this is tentatively good news and all being well, we have the funds to see out the season, a deal completes shortly after the campaign ends - or before the final home game - and we can look forward to a relatively normal pre-season for the first time in what feels like forever.