Confimred new owners of Raeding Footbal Club

[howser]

Lets hope this is the last we hear of the Zingarevich name in English football, they buggered Everton around a few years ago and now are stiffing us with their two dodgy dealers on the board. Hopefully there can be some pay-off arranged to get these two gits out of the club.

A final thank you to Anton, very happy you have done a runner, unquestionably the cowards way, but guess we should not have expected much more, pity you didn't have the balls to front up the fans and explain why you were all talk and no substance. May you lose all your money and live a miserable life, you truly sold us a dud and must be in the running to be the most hated man ever associated with Reading, even more tham McGee and Pardew. A total waste of space.

[Uke]

Re the hold-up:
@wisdomdacosta Same as have been from the start - 40k a month to keep on two directors

Re 'Reading Royals' & Stop funding academy:
@thj0208 News to me. But re '#readingfc Royals' the club have been pushing just 'Royals' for a while now. They see it as the brand

But surely if those two force buyers away the club will go straight into Administration and they will be the first out of the door. That makes me think they are trying to get the best deal for themselves, sod the club, and will back down a bit during any negotiations. I doubt Sir John has any control over them if the weight of their votes is 51%.

But hasn't the 51% of shares been handed back to JM so he now holds 100% or was part of that hardback of shares completed on the understanding that the voting rights remained the same?

AZ only had shares in TSI, not the club.

TSI now only have Yoda and Oblong as directors as Anton did a runner. They are trying to get the best deal for themselves.

TSI still own 51% of the club

The new directors are only SJM getting cash for his kids in a non-paedo way and are part of the 49%

[dizzynewheights]

u ok hun? x

[Uke]

u ok hun? x

thnx petal

[Tilehurstsouthbank]

Lets hope this is the last we hear of the Zingarevich name in English football, they buggered Everton around a few years ago and now are stiffing us with their two dodgy dealers on the board. Hopefully there can be some pay-off arranged to get these two gits out of the club.

A final thank you to Anton, very happy you have done a runner, unquestionably the cowards way, but guess we should not have expected much more, pity you didn't have the balls to front up the fans and explain why you were all talk and no substance. May you lose all your money and live a miserable life, you truly sold us a dud and must be in the running to be the most hated man ever associated with Reading, even more tham McGee and Pardew. A total waste of space.

Robert Maxwell?

[Norfolk Royal]

Uri Geller?

[Pepe the Horseman]

Nick Blackman?

[DaveBanana]

Re the hold-up:
@wisdomdacosta Same as have been from the start - 40k a month to keep on two directors

Re 'Reading Royals' & Stop funding academy:
@thj0208 News to me. But re '#readingfc Royals' the club have been pushing just 'Royals' for a while now. They see it as the brand

But surely if those two force buyers away the club will go straight into Administration and they will be the first out of the door. That makes me think they are trying to get the best deal for themselves, sod the club, and will back down a bit during any negotiations. I doubt Sir John has any control over them if the weight of their votes is 51%.

But hasn't the 51% of shares been handed back to JM so he now holds 100% or was part of that hardback of shares completed on the understanding that the voting rights remained the same?

It's more a case of Anton has given up his shares; they won't have gone back over to SJMs side, but just redistributed amongst the TSI side, so - assuming that TSI really are pissing things round - they're still essentially in the hands of the baddies

[Uke]

It's more a case of Anton has given up his shares; they won't have gone back over to SJMs side, but just redistributed amongst the TSI side, so - assuming that TSI really are pissing things round - they're still essentially in the hands of the baddies

If only someone had explained that six posts earlier...

[Ian Royal]

I'm sure someone has already asked this, but if AZ is the majority owner, then is he able to overrule Madejski and his desire forvthe name to remain?

The naming shit is just that, shit. It is a figment of someone's imagination (someone on this board).

The older heads on this board trust, The Rouge. Considering he rarely posts now, why would he make something like that up? And he's not the only one suggesting it, it's been doing the rounds all year.

Like and recognise =/= trust.

[surrounded by saints]

Lets hope this is the last we hear of the Zingarevich name in English football, they buggered Everton around a few years ago and now are stiffing us with their two dodgy dealers on the board. Hopefully there can be some pay-off arranged to get these two gits out of the club.

A final thank you to Anton, very happy you have done a runner, unquestionably the cowards way, but guess we should not have expected much more, pity you didn't have the balls to front up the fans and explain why you were all talk and no substance. May you lose all your money and live a miserable life, you truly sold us a dud and must be in the running to be the most hated man ever associated with Reading, even more tham McGee and Pardew. A total waste of space.

Totally agree Howser.

[Ian Royal]

Getting concerned CW is being fed misinformation over this.

I fail to see how 2 x directors can invoke a veto over the 2 x shareholders on any deal. They can recommend or not recommend but beyond that I believe their power is limited. They were appointed to act on TSI shareholders behalf for the good of the shareholder(s)

I suspect Boris would be none too happy if his appointed directors were upsetting any potential buyers with false stipulations.

(It is a possibility that they had a deal with TSI that they would have a 5 year contract (or whatever) and Boris is tying to force that cost onto the new owner by adding them in. ) Samuelson is also a player in the buy/sell market so if he was seen to be 'awkward' future dealings would be difficult for other clubs both buyers and sellers.

Either way the 2 directors will be sacrificed on the alter of a deal if and when necessary (if this was ever the case which as i say I have my own personal doubts) and I sense scapegoating is going on but for what reason I have no idea...

Quite simple. TSI is the majority shareholder. Obolensky and Samuelson represent TSI. Anton has clearly not resigned or returned his shares, but has handed over control of TSI to Obolensky and Samuelson on his behalf.

I can't think why no one has already explained it.

[RoyalBlue]

Getting concerned CW is being fed misinformation over this.

I fail to see how 2 x directors can invoke a veto over the 2 x shareholders on any deal. They can recommend or not recommend but beyond that I believe their power is limited. They were appointed to act on TSI shareholders behalf for the good of the shareholder(s)

I suspect Boris would be none too happy if his appointed directors were upsetting any potential buyers with false stipulations.

(It is a possibility that they had a deal with TSI that they would have a 5 year contract (or whatever) and Boris is tying to force that cost onto the new owner by adding them in. ) Samuelson is also a player in the buy/sell market so if he was seen to be 'awkward' future dealings would be difficult for other clubs both buyers and sellers.

Either way the 2 directors will be sacrificed on the alter of a deal if and when necessary (if this was ever the case which as i say I have my own personal doubts) and I sense scapegoating is going on but for what reason I have no idea...

Quite simple. TSI is the majority shareholder. Obolensky and Samuelson represent TSI. Anton has clearly not resigned or returned his shares, but has handed over control of TSI to Obolensky and Samuelson on his behalf.

I can't think why no one has already explained it.

The problem/confusion has arisen because there were clear statements made in the media that Anton had 'handed back his 51% shareholding' and walked away. I suppose (if true) it depends on who he handed them back to. If he handed them back to Obolensky and Samuelson, then it would appear that Madejski has been stitched once again. Or perhaps, more correctly, continues to remain stitched up by the ridiculous agreement, which passed control of the club to AZ without ensuring that he had to complete the deal and buy the remaining 49% of the club within the agreed timescales.

Lets hope this is the last we hear of the Zingarevich name in English football, they buggered Everton around a few years ago and now are stiffing us with their two dodgy dealers on the board. Hopefully there can be some pay-off arranged to get these two gits out of the club.

Isn't Madejski meant to be good mates with Bill Kenwright? If so, what the hell was said between them at the time that Samuelson and Co first expressed an interest in Reading FC?

Getting concerned CW and JF know more about the takeover situation than the HNA? itk brigade. Thoughts are with the itkers at this difficult time.

I wouldn't worry about that. Everything that has happened in the past strongly suggests that both those individuals get exactly the same mushroom treatment from the club that the supporters have to endure (add BBCRB into that as well). The only time the seem to get told anything is when the club want to use them as an extension of their PR machine/Ministry for Misinformation!

[Reading4eva]

Lets hope this is the last we hear of the Zingarevich name in English football, they buggered Everton around a few years ago and now are stiffing us with their two dodgy dealers on the board. Hopefully there can be some pay-off arranged to get these two gits out of the club.

A final thank you to Anton, very happy you have done a runner, unquestionably the cowards way, but guess we should not have expected much more, pity you didn't have the balls to front up the fans and explain why you were all talk and no substance. May you lose all your money and live a miserable life, you truly sold us a dud and must be in the running to be the most hated man ever associated with Reading, even more tham McGee and Pardew. A total waste of space.

Robert Maxwell?

I agree

[Uke]

The problem/confusion has arisen because there were clear statements made in the media that Anton had 'handed back his 51% shareholding' and walked away. I suppose (if true) it depends on who he handed them back to. If he handed them back to Obolensky and Samuelson, then it would appear that Madejski has been stitched once again. Or perhaps, more correctly, continues to remain stitched up by the ridiculous agreement, which passed control of the club to AZ without ensuring that he had to complete the deal and buy the remaining 49% of the club within the agreed timescales.

Control of the club went back to SJM

Ownership didn't

AZ never had shares in RFC to hand back

[Reading4eva]

The club now need to come out and either dispel the rumours and explain what's going on - or admit we are in the doggy doo doo and tell us what they are doing about it.

[RoyalBlue]

The problem/confusion has arisen because there were clear statements made in the media that Anton had 'handed back his 51% shareholding' and walked away. I suppose (if true) it depends on who he handed them back to. If he handed them back to Obolensky and Samuelson, then it would appear that Madejski has been stitched once again. Or perhaps, more correctly, continues to remain stitched up by the ridiculous agreement, which passed control of the club to AZ without ensuring that he had to complete the deal and buy the remaining 49% of the club within the agreed timescales.

Control of the club went back to SJM

Ownership didn't

AZ never had shares in RFC to hand back

If TSI held the shares, I guess you are right but how much money did he put into TSI compared to Samuelson and Co? I suspect he very much had control of that group and thus the shares.

Anyway, I trust the supporters will give Samuelson an extremely warm welcome should he appear anywhere near the stadium come the start of next season!

[Uke]

The problem/confusion has arisen because there were clear statements made in the media that Anton had 'handed back his 51% shareholding' and walked away. I suppose (if true) it depends on who he handed them back to. If he handed them back to Obolensky and Samuelson, then it would appear that Madejski has been stitched once again. Or perhaps, more correctly, continues to remain stitched up by the ridiculous agreement, which passed control of the club to AZ without ensuring that he had to complete the deal and buy the remaining 49% of the club within the agreed timescales.

Control of the club went back to SJM

Ownership didn't

AZ never had shares in RFC to hand back

If TSI held the shares, I guess you are right but how much money did he put into TSI compared to Samuelson and Co? I suspect he very much had control of that group and thus the shares.

Anyway, I trust the supporters will give Samuelson an extremely warm welcome should he appear anywhere near the stadium come the start of next season!

AZ owned 100% of the shares in TSI
http://www.readingfc.co.uk/global/company-details.aspx

He would have given them back to the directors who probably moved them to MTI as we see that name being mentioned more

[Uke]

The club now need to come out and either dispel the rumours and explain what's going on - or admit we are in the doggy doo doo and tell us what they are doing about it.

What they should do is have the chairman explain his cash issues

Then they should say they have a large bill for HMRC

Perhaps they should sell a player to stave off the tax bill and openly talk with interested parties

WHY WON'T THEY TELL US ANYTHING?

[Agent Balti]

RFC never say anything that isn't 100% set in stone or casts the club in anything other than a shining light. We all know this, it's never been any different, we all know the drill.