Club must save £4 million

[79Royal]

Madejski has kept us afloat for the past 20 years and for many of them, he's had to put his own money in. Now he's finally got a chance to make us viable in modern football terms, why wouldn't he take it?

Maybe Madejski is being selfish, maybe he's being wise, maybe he's doing what he thinks is best day-by-day, month-by-month. All I do know is that in my 27 years supporting the club, Madejski has taken us further than any other chairman we've had. We've had more ups than downs and I'm willing to put my trust in Sir John for a while longer yet.

EDIT: For perspective, it's worth noting that 8 of our 10 best ever seasons have come since 2002: http://www.readingfc.co.uk/page/NewsDet ... 41,00.html

[PEARCEY]

Given how many clubs have been or are now really struggling with debts/threats of adminstration etc I've changed my opinion of Madejski and accept there does have to be some cloth cutting. I just hope the youngsters are now sold though. They represent a bright future. We have a big squad that can be trimmed back by 4/5 players in total...so if 7 or 8 go in the summer and only 3 come in so be it.

[Sun Tzu]

Given how many clubs have been or are now really struggling with debts/threats of adminstration etc I've changed my opinion of Madejski and accept there does have to be some cloth cutting. I just hope the youngsters are now sold though. They represent a bright future. We have a big squad that can be trimmed back by 4/5 players in total...so if 7 or 8 go in the summer and only 3 come in so be it.

I think you meant 'not' rather than 'now' !!

I'm sure the squad will be trimmed, but of peripheral players rather than key ones.

And LOL at RoyalBlue with his usual cynicism ! I'm not sure how he keeps up the negativity when the feeling around the club has to be extremely positive....

[Royal Rother]

Can we assume you mean NOT rather than NOW?

[Royal Rother]

And LOL at RoyalBlue with his usual cynicism ! I'm not sure how he keeps up the negativity when the feeling around the club has to be extremely positive....

I'm sure he's a lovely bloke (Dads with goalkeeping sons usually are) but he's unbelievably tedious on here.

[Royal Lady]

If we have to save £4million for next season, despite also getting £11 million or whatever it is as our final parachute payment, I have serious worries for future seasons, assuming we don't get into the Premiership.

[westendgirl]

If we have to save £4million for next season, despite also getting £11 million or whatever it is as our final parachute payment, I have serious worries for future seasons, assuming we don't get into the Premiership.

We don't get any parachute money next season, the final payment is this season.

[westendgirl]

Banks like lending money to very well run businesses and we repeatedly have been told that Reading FC is an extremely well run business!

They don't any more. for some very well run businesses they are not lending at the moment as heard often in the current political climate

[Royal Rother]

If we have to save £4million for next season, despite also getting £11 million or whatever it is as our final parachute payment, I have serious worries for future seasons, assuming we don't get into the Premiership.

We are, and will, whilst SJM is in charge, continue to be, in much better shape than the majority of clubs in the Championship.

PS Have you just lost a year?

[Royal Lady]

If we have to save £4million for next season, despite also getting £11 million or whatever it is as our final parachute payment, I have serious worries for future seasons, assuming we don't get into the Premiership.

We don't get any parachute money next season, the final payment is this season.

I know. I was saying we have to save £4million FOR NEXT SEASON, despite also getting £11 million - I know we get it this season as such (though the season is now over of course - so it's FOR next season) and that is why I am concerned about FUTURE seasons.

[Southbank Old Boy]

Madejski has kept us afloat for the past 20 years and for many of them, he's had to put his own money in. Now he's finally got a chance to make us viable in modern football terms, why wouldn't he take it?

Maybe Madejski is being selfish, maybe he's being wise, maybe he's doing what he thinks is best day-by-day, month-by-month. All I do know is that in my 27 years supporting the club, Madejski has taken us further than any other chairman we've had. We've had more ups than downs and I'm willing to put my trust in Sir John for a while longer yet.

EDIT: For perspective, it's worth noting that 8 of our 10 best ever seasons have come since 2002: http://www.readingfc.co.uk/page/NewsDet ... 41,00.html

or some more perspective is that we are now a totally different club since we moved to the new ground

Because of that its no surprice our best seasons have been since we increased our crowds by about 300%

[PEARCEY]

Given how many clubs have been or are now really struggling with debts/threats of adminstration etc I've changed my opinion of Madejski and accept there does have to be some cloth cutting. I just hope the youngsters are now sold though. They represent a bright future. We have a big squad that can be trimmed back by 4/5 players in total...so if 7 or 8 go in the summer and only 3 come in so be it.

I think you meant 'not' rather than 'now' !!

I'm sure the squad will be trimmed, but of peripheral players rather than key ones.

And LOL at RoyalBlue with his usual cynicism ! I'm not sure how he keeps up the negativity when the feeling around the club has to be extremely positive....

?? I meant "now"...please re-read...and yes it is peripheral players that should be sold particularly in central midfield where we are top-heavy.

[Royal Rother]

I just hope the youngsters are now sold though. They represent a bright future.

No, I still don't get it.

[PEARCEY]

I just hope the youngsters are now sold though. They represent a bright future.

No, I still don't get it.

Oh I see...it was that "now". Yes point taken.
I thought ST was referring to my first "now" in that post.

[Royal Rother]

Aha! Thought so Pearcey!!

If we have to save £4million for next season, despite also getting £11 million or whatever it is as our final parachute payment, I have serious worries for future seasons, assuming we don't get into the Premiership.

We don't get any parachute money next season, the final payment is this season.

I know. I was saying we have to save £4million FOR NEXT SEASON, despite also getting £11 million - I know we get it this season as such (though the season is now over of course - so it's FOR next season) and that is why I am concerned about FUTURE seasons.

Huh? What you on about woman?

Even Spacey makes more sense than that.

[brendywendy]

its in the budget for this season though RL

so we arent losing 15 million a year currently

[Royal Lady]

Read this slowly - in a few weeks time we get approx £11 million as our final parachute payment. This will be used for NEXT season, will it not? Yet the club are saying we need to save £4million for the coming season (or NEXT season if you will). My point is, if we were saying this at the end of NEXT season, I could understand - as we won't be getting a parachute payment - so if we are having to trim £4million in the next season, despite having £11 million as a parachute payment also, then the following season will be very worrying with regard to cost-cutting, will it not?

[Royal Lady]

its in the budget for this season though RL

so we arent losing 15 million a year currently

Are you saying we have budgeted and spent the £11 million already - THIS season?

[Stranded]

Read this slowly - in a few weeks time we get approx £11 million as our final parachute payment. This will be used for NEXT season, will it not? Yet the club are saying we need to save £4million for the coming season (or NEXT season if you will). My point is, if we were saying this at the end of NEXT season, I could understand - as we won't be getting a parachute payment - so if we are having to trim £4million in the next season, despite having £11 million as a parachute payment also, then the following season will be very worrying with regard to cost-cutting, will it not?

The £11m was budgeted in to the season we have just completed knowing it was a guaranteed income come the end of the season. The £4m cost cutting is for the coming season.

[brendywendy]

Read this slowly - in a few weeks time we get approx £11 million as our final parachute payment. This will be used for NEXT season, will it not? Yet the club are saying we need to save £4million for the coming season (or NEXT season if you will). My point is, if we were saying this at the end of NEXT season, I could understand - as we won't be getting a parachute payment - so if we are having to trim £4million in the next season, despite having £11 million as a parachute payment also, then the following season will be very worrying with regard to cost-cutting, will it not?

i am saying, if it gets payed in a week or so it will go down in this years budget.
if so i see no problem. its guaranteed payment, so "spending" it before it arrives seems sensible enough.
tbf i have no idea though


wheres dirk when you need him