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Post by desman2 on Mar 1, 2023 12:44:53 GMT
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Post by chumley on Mar 1, 2023 12:59:38 GMT
Well they only have themselves to blame, they have a Premier league player in their side who chose to stay there in January rather than move for huge money, so this is down to Ince and son...
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Post by thevoid on Mar 1, 2023 14:10:13 GMT
Why such a paltry deduction? Isn't this their second offence?
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Post by jimmygscfc1234 on Mar 1, 2023 15:56:31 GMT
Great news for us!
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Post by wrighter on Mar 1, 2023 16:21:01 GMT
Great i just cant stand Ince [ so called guvnor, God knows why]
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Post by Laughing Gravy on Mar 1, 2023 16:23:21 GMT
You'd take it if you were Reading though wouldn't you?
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Post by Laughing Gravy on Mar 1, 2023 16:23:55 GMT
Why such a paltry deduction? Isn't this their second offence? FFP works though.
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Post by LGH87 on Mar 1, 2023 16:26:17 GMT
Why such a paltry deduction? Isn't this their second offence? We should just spend £100m and walk the league, take the deduction and still finish champions
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Post by raythesailor on Mar 1, 2023 16:40:54 GMT
Correct me if I am wrong but is this not just media speculation?
Believe it when it happens and not before. Football Club finances are complex issues and can be easily manipulated to make issues clear.
The Derby situation became very complicated.
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Reading
Mar 1, 2023 16:52:38 GMT
via mobile
Post by st3mark on Mar 1, 2023 16:52:38 GMT
Further protection for us. So this would be good news, but how sad that it has to keep happening.
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Post by rickyfullerbeer on Mar 1, 2023 16:54:46 GMT
Dreadful outfit. Weren't they mincing around at the top of the table after the first couple of months of the season?
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Post by cvillestokie on Mar 1, 2023 16:59:27 GMT
Why such a paltry deduction? Isn't this their second offence? We should just spend £100m and walk the league, take the deduction and still finish champions We spent 60 million and finished in the bottom half. What makes you think that the extra 40 would lead us to promotion?
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Post by PotterLog on Mar 1, 2023 17:06:07 GMT
Great i just cant stand Ince [ so called guvnor, God knows why] Made a lot more sense when he was a player tbf
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Post by LGH87 on Mar 1, 2023 17:06:11 GMT
We should just spend £100m and walk the league, take the deduction and still finish champions We spent 60 million and finished in the bottom half. What makes you think that the extra 40 would lead us to promotion? Very good point
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Post by haway on Mar 1, 2023 17:16:24 GMT
Probably the worst team I have seen this season - along with Wigan.
No idea how they won so many games in the first few months.
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Post by ohbottom on Mar 1, 2023 17:17:16 GMT
I clicked into this thread hoping for some good book recommendations. Imagine my disappointment...
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Post by wuzza on Mar 1, 2023 17:18:09 GMT
This is what our season has been missing - just need a couple more clubs to get pinged now and we will be relatively safe and another standard SCFC Championship campaign will be sorted !
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Post by iglugluk on Mar 1, 2023 17:27:32 GMT
Why such a paltry deduction? Isn't this their second offence? Apparently they had a suspended 6 point deduction which required following an agreed business plan in order to avoid it happening
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Post by Staffsoatcake on Mar 2, 2023 15:27:14 GMT
Have nothing against Reading,but would love to see both the Ince's in Div 1.
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Post by FullerMagic on Mar 19, 2023 11:30:03 GMT
Six points supposedly coming off next week. That'll put them in the mix.
Mind you, Huddersfield and Wigan could well lose points this week too
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Post by theonlooker on Mar 19, 2023 12:44:12 GMT
FFP has turned one of the most well supported leagues in Europe into a total farce and a circus.
It hasn't stopped the monopoly, infact made it worse and it hasn't stopped clubs going to the wall.
It needs opening up and the fit and proper persons test needs making more stringent. Ironically a Reading owner failed the PL test but walked through the EFL test!
All this against a backdrop of the rich getting richer and further away.
A sham from top to bottom.
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Post by terryconroysmagic on Mar 19, 2023 13:23:00 GMT
FFP has turned one of the most well supported leagues in Europe into a total farce and a circus. It hasn't stopped the monopoly, infact made it worse and it hasn't stopped clubs going to the wall. It needs opening up and the fit and proper persons test needs making more stringent. Ironically a Reading owner failed the PL test but walked through the EFL test! All this against a backdrop of the rich getting richer and further away. A sham from top to bottom. For me the fit and proper test is secondary to ensuring the Clubs fiscal health and security.
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Post by werrington on Mar 19, 2023 13:35:34 GMT
FFP has turned one of the most well supported leagues in Europe into a total farce and a circus. It hasn't stopped the monopoly, infact made it worse and it hasn't stopped clubs going to the wall. It needs opening up and the fit and proper persons test needs making more stringent. Ironically a Reading owner failed the PL test but walked through the EFL test! All this against a backdrop of the rich getting richer and further away. A sham from top to bottom. It’s all a sham It was set up to stop a Leicester City or Blackburn Rovers ever happening again or a Villareal hijacking’s the champions league …..and that’s the crux of it all
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Post by Goonie on Mar 19, 2023 13:38:40 GMT
FFP has turned one of the most well supported leagues in Europe into a total farce and a circus. It hasn't stopped the monopoly, infact made it worse and it hasn't stopped clubs going to the wall. It needs opening up and the fit and proper persons test needs making more stringent. Ironically a Reading owner failed the PL test but walked through the EFL test! All this against a backdrop of the rich getting richer and further away. A sham from top to bottom. It needs challenging in court but won't until the big 6 fall foul of it
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Post by chiswickpotter on Mar 19, 2023 18:56:50 GMT
The core problem is teams outside the Big 6 earn more TV money than they ever could if selling their own rights. The £40 million plus per club has 2 effects: - it incentivises owners in the Championship to gamble in pursuit of the windfall - it increases wage costs across the game as clubs like Firest can pay more than their gates would ever support.
Add in the loan system which allows clubs to hoard talent and the solution is to fix the excesses of the Premier League then reset financial regulation.
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Reading
Mar 19, 2023 19:36:47 GMT
via mobile
Post by middleoftheboothen on Mar 19, 2023 19:36:47 GMT
FFP has turned one of the most well supported leagues in Europe into a total farce and a circus. It hasn't stopped the monopoly, infact made it worse and it hasn't stopped clubs going to the wall. It needs opening up and the fit and proper persons test needs making more stringent. Ironically a Reading owner failed the PL test but walked through the EFL test! All this against a backdrop of the rich getting richer and further away. A sham from top to bottom. It’s all a sham It was set up to stop a Leicester City or Blackburn Rovers ever happening again or a Villareal hijacking’s the champions league …..and that’s the crux of it all One hundred percent hit the nail on the head Wez. It's a joke.
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Post by willieeetmiout on Mar 19, 2023 22:13:49 GMT
It’s all a sham It was set up to stop a Leicester City or Blackburn Rovers ever happening again or a Villareal hijacking’s the champions league …..and that’s the crux of it all One hundred percent hit the nail on the head Wez. It's a joke. We will all see what a farce it is when Man City receive no punishment for their breaches despite everyone knowing they have cheated their way to the top
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Post by FullerMagic on Mar 14, 2024 8:32:38 GMT
They've sold their £50m training ground..............to Wycombe
......no doubt for a fraction of its worth.
Reading owner Dai Yongge has agreed to sell the club’s Bearwood Park training ground to local rivals Wycombe Wanderers, less than five years after the state-of-the-art facility was opened.
The former Premier League side were in the Championship then and only two years into the Chinese businessman’s tenure as owner. The 2019 move to the £50million site, set in 120 acres of picturesque woodlands only five miles from the club’s stadium, was meant to signal Reading’s ambition to return to the top flight.
That ambition is in tatters now, as relegation to League One last season has been followed by a campaign dominated by protests against Dai’s ownership, missed payments and docked points. They are currently 18th in the third-tier table, five clear of the drop zone.
Having already sold their stadium to a company controlled by Dai in 2019, Reading now face the prospect of renting their own training ground, too, with their landlords being near-neighbours Wycombe.
This will come as a bitter blow to the club’s fans, as the only sale they want is Dai handing over the club, with all its assets, as soon as possible.
However, that prospect looks as remote as Reading’s chances of returning to the Premier League, as a group led by former Charlton Athletic director Leo Rifkind has now walked away from takeover talks in dismay at the decision to sell Bearwood Park.
Based in London and Switzerland, Chiron Sports Group owns a stake in Italian side Venezia and has teamed up with Didier Drogba to launch a team in electric speedboat series E1.
But with Dai seemingly set on selling the club’s last remaining assets, Chiron’s interest in Reading is over.
The group cannot say it was not warned, though, as Dai announced that he was “evaluating every option to secure sufficient funding” for the club on Monday, including being “open” to the sale of Bearwood Park.
The speed of the decision to sell to Wycombe, who are only eight points and four places better off than Reading in League One, will still come as a huge shock to the supporters of both clubs.
Wycombe have been trying to upgrade their training facility for years, as they are currently based at a fairly basic site in Marlow, three miles south of the club’s Adams Park stadium.
Wycombe’s American owner Rob Couhig has invested in improvements at the training ground but space is limited and there are plans to build a huge film studio in the area, which would further constrain the football club.
Until now, the club have not had sufficient room for their academy, which is why Couhig has been considering building a new facility in nearby Little Marlow.
Bearwood Park is a slightly longer commute, as it is a 30-minute drive south of Wycombe, but the opportunity to move into one of the best training grounds and academy bases outside the Premier League was clearly too good to turn down.
There are precedents for clubs buying rivals’ training grounds, too, with Wigan Athletic purchasing Bolton Wanderers’ training complex at Euxton in 2016, only to sell it to Preston North End when they ran into financial difficulty in 2020.
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Post by FullerMagic on Mar 14, 2024 8:49:50 GMT
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Post by jokker on Mar 14, 2024 10:32:54 GMT
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