Reading and Admin

R

readingstockport

New member

Jul 7, 2003

3,487

Smelly whitley in Reading as well

• May 8, 2014

• #1

Heard a rumour from a RFC season ticket holder last night that one of their creditors are seeking to place an admin order against RFC over an unpaid debt of circa £1 million. Absolutely no idea if this is true or not but thought I'd mention it in passing.

 

deletebeepbeepbeep

Well-known member

May 12, 2009

20,947

• May 8, 2014

• #2

They are in a bad shape. Released all of their out of contact players yesterday and signed a load of youth team with pro contracts. Apparently they are not extending existing contracts.

 

hans kraay fan club

The voice of reason.

Helpful Moderator

Mar 16, 2005

61,256

Chandlers Ford

• May 8, 2014

• #3

Of their released players. Kaspars Gorkss might be worth consideration. Good defender, and a big threat at set pieces.

 

F

fleet

Well-known member

Jul 28, 2003

12,222

• May 8, 2014

• #4

Have their parachute payments ended yet? Thought that would keep them solvent for a while.

 

hans kraay fan club

The voice of reason.

Helpful Moderator

Mar 16, 2005

61,256

Chandlers Ford

• May 8, 2014

• #5

fleet said:

Have their parachute payments ended yet? Thought that would keep them solvent for a while.

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No where near. They only came down last season, so they must have at least 2 more years (possibly 3?)

 

Gordon Bennett

Active member

Sep 7, 2010

384

• May 8, 2014

• #6

hans kraay fan club said:

Of their released players. Kaspars Gorkss might be worth consideration. Good defender, and a big threat at set pieces.

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No point him coming here then!

 

Not Andy Naylor

Well-known member

Dec 12, 2007

8,796

Seven Dials

• May 8, 2014

• #7

hans kraay fan club said:

Of their released players. Kaspars Gorkss might be worth consideration. Good defender, and a big threat at set pieces.

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And a total thug.

 

Bladders

Twats everywhere

Jun 22, 2012

13,672

The Troubadour

• May 8, 2014

• #8

If you look at the wage bills of some of these clubs relegated the parachute payment doesn't even come close to covering it, let alone can be used to go out and buy players with.

I'm sure I read Wigan had a £35 mill wage bill when they came down with an £18 mill parachute payment. Readings wage bill was probably less but still dont think they'll have money to throw around.

 

Bladders

Twats everywhere

Jun 22, 2012

13,672

The Troubadour

• May 8, 2014

• #9

Gordon Bennett said:

No point him coming here then!

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hans kraay fan club

The voice of reason.

Helpful Moderator

Mar 16, 2005

61,256

Chandlers Ford

• May 8, 2014

• #10

Not Andy Naylor said:

And a total thug.

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You say that like its always a BAD thing.

 

ditchy

a man with a sound track record as a source of qua

Jul 8, 2003

5,208

brighton

• May 8, 2014

• #11

Heard a while back from an accountant mate in Reading that they are having problems . Not surprising as the Russian has gone back home and Auto trader not doing that well for Johnny Mad with Ebay and online eroding his business badly .

 

R

Rogero

Well-known member

Aug 4, 2010

5,713

Shoreham

• May 8, 2014

• #12

Who owns Reading?

 

MarioOrlandi

New member

Jun 4, 2013

580

• May 8, 2014

• #13

Inland Revenue (shortly)

 

Triggaaar

Well-known member

Oct 24, 2005

50,149

Goldstone

• May 8, 2014

• #14

This is causing me internal conflict. I do not want to laughing at the misfortune of others.

Football is such a joke.

 

B

BattFink

Active member

Jan 31, 2012

389

Buggers Hole

• May 8, 2014

• #15

Triggaaar said:

This is causing me internal conflict. I do not want to laughing at the misfortune of others.

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Originally did kind of feel the same, but then had a think and the only thing I really detest about Reading is Adkins!

Don't ever like seeing a football club going down the toilet (even Palace when they were facing the abyss)

If the rumour mill is to be believed I hear that Reading took out quite a substantial loan somepoint last season which is due to be settled in the next couple of weeks (once again only a rumour)

 

Pavilionaire

Well-known member

Jul 7, 2003

30,557

• May 8, 2014

• #16

The parachute payments are £23million in 2013/14, £18million in 2014/15, £9million in each of 2015/16 and 2016/17, so Reading's income will fall by £5million in this regard next season.

 

Triggaaar

Well-known member

Oct 24, 2005

50,149

Goldstone

• May 8, 2014

• #17

BattFink said:

Originally did kind of feel the same, but then had a think and the only thing I really detest about Reading is Adkins!

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Indeed.

Don't ever like seeing a football club going down the toilet (even Palace when they were facing the abyss)

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I wouldn't want any club to disappear altogether, but it's nice seeing the likes of Pompey suffer a bit.

It's teams like Leicester that piss me off the most. Into admin, write off the debt that gave them their ground, then go on a spending spree.

 

keaton

Big heart, hot blood and balls. Big balls

Nov 18, 2004

9,648

• May 8, 2014

• #18

hans kraay fan club said:

Of their released players. Kaspars Gorkss might be worth consideration. Good defender, and a big threat at set pieces.

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He looked their only decent player in the cup game

 

Guinness Boy

Tofu eating wokerati

Helpful Moderator

NSC Patron

Jul 23, 2003

34,078

Up and Coming Sunny Portslade

• May 8, 2014

• #19

Rogero said:

Who owns Reading?

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Probably the ailing Sir John Madjeski again. If you want more detail the below is absolutely superb. You may also find yourself with even more gratitude to the Blooms once you have read it.

http://thetilehurstend.sbnation.com...679088/the-choices-of-readingfc-chairman-john

 

seagullsovergrimsby

#cpfctinpotclub

Aug 21, 2005

43,690

Crap Town

• May 8, 2014

• #20

Perhaps Nadkins convinced the Reading board there was nothing to be worried about and they would bounce back straight away. Makes it even funnier if they decided to stick two fingers up to FFP.