Anyone For Chinese?

[Royal_jimmy]

He needs to sell. Just don't think anyone genuine will buy us

[WestYorksRoyal]

He needs to sell. Just don't think anyone genuine will buy us

Potential is there with the facilities, catchment area and relatively recent history. We're probably available at a knock down price right now given recent issues. Wait another couple of years and we'll be even more of a bargain though.

[NathStPaul]

He needs to sell. Just don't think anyone genuine will buy us

You think fake people will buy us? Who is your money on? Logan Roy must be a contender.

[Sutekh]

Robert de Niro's waiting....

[WestYorksRoyal]

Looking back on the SJM era, I think his plan was always to invest and build the club up to a point, create a saleable asset and then find a new owner who could a) give him a profit on his investment and b) build upon his work and take us to the next level.

Clearly phase 1 was outstanding in hindsight, but it was clear by the end that he was treading water. Can the chaos that followed undo his work and undermine his legacy?

I would actually argue not. Even with another relegation, we remain far more saleable with the SCL, training facilities and relatively recent success. If we have further to fall, it just makes us even more of a bargain to an investor with a plan and ambition. The potential is all still there.

[tmesis]

I would actually argue not. Even with another relegation, we remain far more saleable with the SCL, training facilities and relatively recent success. If we have further to fall, it just makes us even more of a bargain to an investor with a plan and ambition. The potential is all still there.

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

[Sutekh]

I would actually argue not. Even with another relegation, we remain far more saleable with the SCL, training facilities and relatively recent success. If we have further to fall, it just makes us even more of a bargain to an investor with a plan and ambition. The potential is all still there.

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

Debt pretty much all to the same bloke though and said bloke also owns the company that owns the stadium so not as if prospective owners would have to negotiate with several different parties which is a better position than at a lot of clubs.

[Royal_jimmy]

There's no way that Dai will get more than a small fraction of his debt re-paid. If he wants shot of the club he'll have to write most of it off. He may still want Renhe to own the stadium but £1m or whatever the rent is per season is peanuts vs what he's invested.

[Green]

Not sure why but the thread title still makes me chuckle.

[Snowflake Royal]

I would actually argue not. Even with another relegation, we remain far more saleable with the SCL, training facilities and relatively recent success. If we have further to fall, it just makes us even more of a bargain to an investor with a plan and ambition. The potential is all still there.

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

There's no reason a buyer for the club wouldn’t also buy the stadium and training ground. If only to be able to fiddle the finances later by selling them to themselves like Dai did.

Those assets have limited value without the club. The stadium especially given what its built on.

[WestYorksRoyal]

I would actually argue not. Even with another relegation, we remain far more saleable with the SCL, training facilities and relatively recent success. If we have further to fall, it just makes us even more of a bargain to an investor with a plan and ambition. The potential is all still there.

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

There's no reason a buyer for the club wouldn’t also buy the stadium and training ground. If only to be able to fiddle the finances later by selling them to themselves like Dai did.

Those assets have limited value without the club. The stadium especially given what its built on.

Dai can't play hardball on the ground. A ground without a team to play there is worthless

[tmesis]

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

There's no reason a buyer for the club wouldn’t also buy the stadium and training ground. If only to be able to fiddle the finances later by selling them to themselves like Dai did.

Those assets have limited value without the club. The stadium especially given what its built on.

Dai can't play hardball on the ground. A ground without a team to play there is worthless

On the other hand he would also know that the clubs needs the Madejski, as there's no other viable option if Reading are to remain a League club.

[PATRIQT]

He needs to sell. Just don't think anyone genuine will buy us

Not with Kia looking for the buyer...

[PATRIQT]

Dai can't play hardball on the ground. A ground without a team to play there is worthless

Coventry is an example as to how Dai could play hard ball and we could end up without a home.

[Uke]

WRTTOP I think I’d prefer an Indian now

[Royal_jimmy]

A nice lamb madras

[Uke]

A nice lamb madras

Literally my go to curry (with 2 chapatis)

[Royal_jimmy]

Dai's reaction when we went behind against Wigan shows enough of a clue where we stand. He must have lost interest in us otherwise none of this would be happening. Probably rather throw £6m at us now and find a buyer than us go bust and we are worthless as there's no club left.

[elrey]

The question remains though - what exactly would a new owner be buying? A club that has no fixed assets, that's well in excess of £100 million in debt, commited to paying around £1 million in rent each year for the stadium.

There's no reason a buyer for the club wouldn’t also buy the stadium and training ground. If only to be able to fiddle the finances later by selling them to themselves like Dai did.

Those assets have limited value without the club. The stadium especially given what its built on.

Dai can't play hardball on the ground. A ground without a team to play there is worthless

Hardly worthless, it's land, and it's near a motorway, people will pay a lot for that land.

[Snowflake Royal]

There's no reason a buyer for the club wouldn’t also buy the stadium and training ground. If only to be able to fiddle the finances later by selling them to themselves like Dai did.

Those assets have limited value without the club. The stadium especially given what its built on.

Dai can't play hardball on the ground. A ground without a team to play there is worthless

Hardly worthless, it's land, and it's near a motorway, people will pay a lot for that land.

Built on a refuse site. It's not good for much.