CONFRIMATION of the CONFIMRED

[El Diablo]

Apologies, if this is a dumb question, but can the sell still go ahead despite the ongoing court battle?

Yes- whats going on isn't helpful, but the court action is with Rehne, and not the RFC related companies that are for sale.

And just to mirror many comments here - Couhig is an feckin arse, and his motives behind him wanting the club are now there for all to see. The good news is ( if there can be any in this sorry mess) - is that Couhig is a total lightweight sparing with a well seasoned heavyweight.

He'll walk away licking his wounds.

[Snowflake Royal]

How are people still taken in by Dai's bullshit, it's incredible

[El Diablo]

How are people still taken in by Dai's bullshit, it's incredible

If that's aimed my comment Ian - please do expand...

[Uke]

Apologies, if this is a dumb question, but can the sell still go ahead despite the ongoing court battle?

This remains "negotiation" - eventually both sides drop cases and are great friends and Couhig buys

The "Trump" method of bombast on either side

[Armadillo Roadkill]

How are people still taken in by Dai's bullshit, it's incredible

Refusing to be taken in by Couhig's bullshit doesn't mean you've been taken in by Dai's.

[Snowflake Royal]

How are people still taken in by Dai's bullshit, it's incredible

If that's aimed my comment Ian - please do expand...

Not solely you, but you appear to have just described Dai as a heavyweight.

[Mr Angry]

Personally, I would be VERY interested to have an explanation of Couhig's business plan that intends to make a 200% profit on Reading Football Club.

Realistically, that can only be done by selling a significant proportion of Bearwood for housing (his original motivation for buying the training ground last Year maybe?) as only a fool can possibly believe that any serious profit can be made on football activities alone from the purchase of almost any football club, especially one in the 3rd tier.

[Hound]

Plenty of money can be made….but you have to make the club successful to do it

Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that

[Linden Jones' Tash]

Plenty of money can be made….but you have to make the club successful to do it

Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that

but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M

you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more

then once you are in the Championship, its say a £35M net loss per annum.

I'm sorry, but I don't see how you make 'plenty of money'

[El Diablo]

How are people still taken in by Dai's bullshit, it's incredible

If that's aimed my comment Ian - please do expand...

Not solely you, but you appear to have just described Dai as a heavyweight.

In comparison to Couhig he defo is..

And certainly not taken in by anything Dai says /does

[Hound]

Plenty of money can be made….but you have to make the club successful to do it

Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that

but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M

you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more

then once you are in the Championship, its say a £35M net loss per annum.

I'm sorry, but I don't see how you make 'plenty of money'

I never said this was easy to do

But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time

And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly

I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m

I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up

Run the club sensibly in the champ for a year or two and then push on for promotion once established there.

It’s bloody hard to do but it’s possible

[Uke]

Personally, I would be VERY interested to have an explanation of Couhig's business plan that intends to make a 200% profit on Reading Football Club.

Realistically, that can only be done by selling a significant proportion of Bearwood for housing (his original motivation for buying the training ground last Year maybe?) as only a fool can possibly believe that any serious profit can be made on football activities alone from the purchase of almost any football club, especially one in the 3rd tier.

We have a Prem set up in League One

It makes sense to cut our cloth to be a top League One team pushing for promotion - yes this could involve "realising assets"

Then as we progress higher we rebuild and develop

Basically the "SJM" way?

[El Diablo]

Plenty of money can be made….but you have to make the club successful to do it

Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that

but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M

you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more

then once you are in the Championship, its say a £35M net loss per annum.

I'm sorry, but I don't see how you make 'plenty of money'

I never said this was easy to do

But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time

And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly

I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m

I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up

Run the club sensibly in the champ for a year or two and then push on for promotion once established there.

It’s bloody hard to do but it’s possible

Agreed - I mean, its not like we've not done this before..!

[Armadillo Roadkill]

but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M

you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more

then once you are in the Championship, its say a £35M net loss per annum.

I'm sorry, but I don't see how you make 'plenty of money'

I never said this was easy to do

But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time

And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly

I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m

I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up

Run the club sensibly in the champ for a year or two and then push on for promotion once established there.

It’s bloody hard to do but it’s possible

Agreed - I mean, its not like we've not done this before..!

You could just take that money down to Ladbroke's and put it on an accumulator. It's possible you'd win, but the odds are so stacked against you, you'd be an idiot.

[Hound]

Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going

It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky

[Armadillo Roadkill]

Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going

It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky

I think the thing with gamblers is you have to be able to afford to lose. My son gambles a maxim of three quid when he's watching football in the pub with his mates. He'd like to win, but he won't go homeless if he doesn't.

Anyone owning a football club has to reckon with losing money every year. Making any money just has to be an (unexpected) bonus.

Seeking damages from someone in a court case on the assumption that you would have doubled your money if you had bought a football club is in no way credible. Unless they were going to asset strip the club down to nothing. That's what I fear Couhig was planning.

[Extended-Phenotype]

What is it that’s “plain to see” about Couhig’s plans? It can’t be that plain.

- Guy submits bid
- Bid is accepted and deal is thrashed out
- Bid is mysteriously cancelled last minute
- Guy says “hang on, that’s not right”
- A pcunt we all oxf*rd loath for lying, cheating and screwing the club says guy kept changing the terms
…
- Hate guy


Can someone fill in the ellipsis for me so I don’t have to go on Twitter and sift through reams of posts from a billionaire having a live ketamine breakdown to find out?

[Armadillo Roadkill]

What is it that’s “plain to see” about Couhig’s plans? It can’t be that plain.

- Guy submits bid
- Bid is accepted and deal is thrashed out
- Bid is mysteriously cancelled last minute
- Guy says “hang on, that’s not right”
- A pcunt we all oxf*rd loath for lying, cheating and screwing the club says guy kept changing the terms
…
- Hate guy


Can someone fill in the ellipsis for me so I don’t have to go on Twitter and sift through reams of posts from a billionaire having a live ketamine breakdown to find out?

Guy starts legal proceedings on the basis he would have doubled his money. The only way he could have doubled his money was by screwing the club into the next century. So he's either lying or would not have been a good owner. So not very happy with that guy.
Not that keen on the other guy either.
Stay away from twitter. Life is too short.

[Hound]

Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going

It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky

I think the thing with gamblers is you have to be able to afford to lose. My son gambles a maxim of three quid when he's watching football in the pub with his mates. He'd like to win, but he won't go homeless if he doesn't.

Anyone owning a football club has to reckon with losing money every year. Making any money just has to be an (unexpected) bonus.

Seeking damages from someone in a court case on the assumption that you would have doubled your money if you had bought a football club is in no way credible. Unless they were going to asset strip the club down to nothing. That's what I fear Couhig was planning.

Agreed it’s not a credible case on that basis

But likewise can’t see how he’d have got more than his return through asset stripping either - else Dai would have done it already…

It’d be good to hear exactly what his case for it was

[Mr Angry]

Plenty of money can be made….but you have to make the club successful to do it

Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that

Thats like basing your pension on your lottery ticket coming in.

Yes it IS possible, but the odds are massively stacked against you; as I said, the only way he could be seriously contemplating such a massive return (one that he is prepared to sue for) is if he had a plan to maximise the revenue generating potential of the club - and in the short/medium term, I cannot see how it is from anything other than the sale of Bearwood for construction.