by Royal Rob »
31 Jul 2009 23:25
Dirk Gently Royal Rob Until Reading were promoted to the Premiership John Madejski did a brilliant job. But now it is clear that investment is needed in the playing squad. Having recouped millions (Doyle £6.25m, Sonko £2.5m, Kitson £5m and Hunt £??m) in transfer fees we have seen just a fraction of this re-invested in the team. Indeed, when you add in the players we no longer have on the books (Little, Lita, Hahnemann, Murty, Duberry etc) it is fast clear that the squad is much leaner than this was. We've also swallowed millions in parachute payments yet this money has gone on just a handful of budget buys. It's not even as if we spent extravagant sums when we were in the top flight - we were making a hefty profit at the time.
There is clearly money in the pot - all this talk about the need to be frugal is overblown. Reading need a chairman that will release the purse strings.
So my opinion of the chairman = tosspot.
But at the end of the day, what's it got to do with you? It's entirely his money and down to him how he spends it. How would you feel if someone called you a tosspot because you didn't spend enough of your money on something they wanted you to spend it on?
I have every right to feel aggrieved. Reading Football Club's working capital - the money that bought and has paid the wages of Hunt, Doyle, Sonko and Kitson - was provided by me. My annual bill for match tickets, memorabilia, car parking (£8 a time) and Sky TV subscriptions is what has run Reading Football Club in the last few years. Gone are the days when JM was paying £200k per month to subsidise the club's losses. The star players supporters have helped pay for brought promotion and a bumper payday (more fans and crucially more TV money). But when those players we forked out for were sold that cash we first contributed was not been re-invested. Previously we would have said "Ahhh but Steve Coppell isn't a man who likes to spend big", but Brendan Rodgers hasn't been given the chance. This is demonstrated by the cringeworthy Tommy Smith debacle where the club are refusing to spend more than a fraction of the Kevin Doyle money.
John Madejski has been very good for Reading Football Club, but now he is slowing - if not halting - progress.