LoyalRoyalFan Madejski has pocketed over 7million quid yesterday.
Please demonstrate, with facts, where Madejski has taken money from the operating balance sheet of RFC.
by Nick Shorey my Lord! » 01 Sep 2010 13:25
LoyalRoyalFan Madejski has pocketed over 7million quid yesterday.
by sheshnu » 01 Sep 2010 13:25
Jeffers217 I really hope that means he sells up quick
by Jeffers217 » 01 Sep 2010 13:29
ZacNaloen Christ, this is the same argument as the last time sold a player for millions.
We had a four million deficit in the budget.
It is not sold by one big player going because the fee will only save you for one year, without seeing the accounts we don't know how much of that deficit has been plugged, we would hope by now all of it.
It's my personal feeling that the club is being more sensible than splurging the money on the first signing that becomes available and i'd be very surprised if some of this money hasnt been set aside so we actually have something to spend in January as well.
by brendywendy » 01 Sep 2010 13:33
Jeffers217brendywendySir Dodger Royal Jonny confirms on twitter that Hendrie is the third potential signing. Wind up merchant unlike Sir Dodger.
Surely the fans should boo Madejski big time at the next match. How ever being a bunch of morons they won't have the balls to say a wordddddddddddd
id say the people booing are the morons- proven by the fact you are supporting them
You have to hit Madejski where it hurts and that's in his pocket- I imagine if 3000 fans decided not to go for the season he'd soon catch on to the fact that we aren't happy. Booing will only serve to destroy the confidence of the few quality players we do actually have left here. I'm fully up for BOOING when he next comes on the pitch though, which I imagine won't be for a while. The Forest game he got a mixed reception, the fans are turning on him now- I really hope that means he sells up quick
by Snowball » 01 Sep 2010 13:34
Jeffers217 If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership. Sometimes in life you have to risk a minnute amount to reap massive benefits. We ent prepared to do that and it will cost us which personally makes me feel pretty dejected by the whole thing. I think fans have the absolute right to voice their opinions- season-ticket holders who spend their money to keep the club going and get nothing for that- now that deserves a response in my opinion
by Row Z Royal » 01 Sep 2010 13:34
Jeffers217 If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership.
by ZacNaloen » 01 Sep 2010 13:35
by Yorkshire Royal » 01 Sep 2010 13:41
Jeffers217ZacNaloen Christ, this is the same argument as the last time sold a player for millions.
We had a four million deficit in the budget.
It is not sold by one big player going because the fee will only save you for one year, without seeing the accounts we don't know how much of that deficit has been plugged, we would hope by now all of it.
It's my personal feeling that the club is being more sensible than splurging the money on the first signing that becomes available and i'd be very surprised if some of this money hasnt been set aside so we actually have something to spend in January as well.
The club are not being sensible- they are playing a very dangerous game. The warning signs were there last season until we decided to do something about it in Jan. If the cloth cutting continues then relegation is inevitable and then there will be NO money whatsoever as attendances will rapidly drop in League 1. If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership. Sometimes in life you have to risk a minnute amount to reap massive benefits. We ent prepared to do that and it will cost us which personally makes me feel pretty dejected by the whole thing. I think fans have the absolute right to voice their opinions- season-ticket holders who spend their money to keep the club going and get nothing for that- now that deserves a response in my opinion
by howser » 01 Sep 2010 13:44
by Tony Le Mesmer » 01 Sep 2010 13:57
Nick Shorey my Lord!LoyalRoyalFan Madejski has pocketed over 7million quid yesterday.
Please demonstrate, with facts, where Madejski has taken money from the operating balance sheet of RFC.
by Big Foot » 01 Sep 2010 13:58
Jeffers217 You have to hit Madejski where it hurts and that's in his pocket- I imagine if 3000 fans decided not to go for the season he'd soon catch on to the fact that we aren't happy.
by Tony Le Mesmer » 01 Sep 2010 14:00
Big FootJeffers217 You have to hit Madejski where it hurts and that's in his pocket- I imagine if 3000 fans decided not to go for the season he'd soon catch on to the fact that we aren't happy.
I enjoy going to watch Reading, I even enjoyed some of the games under Brendan Rodgers!
Why would you stop doing something you enjoy to try and prove a point?
by ZacNaloen » 01 Sep 2010 14:03
Tony Le MesmerNick Shorey my Lord!LoyalRoyalFan Madejski has pocketed over 7million quid yesterday.
Please demonstrate, with facts, where Madejski has taken money from the operating balance sheet of RFC.
Shifting personal debt on the hotel onto the club? Ot to be more preicse, using cash from player sales to cut losses on the side of the "business".
by Stranded » 01 Sep 2010 14:03
MmmMonsterMunch Sorry Stranded - you're the podcast guy aren't you?
Correct me if I'm wrong but didn't you say on last night's recording something along the lines of "Lets wait & see if any other transfers develop overnight before getting angry but I agree if this is all we get then it's not good enough"
Why are you now getting your knickers in a twist because people are venting?!
Hardly a surprise they're venting is it? We've signed an old left back & the midget from Willow despite getting a club record fee yesterday.
by Big Foot » 01 Sep 2010 14:04
Tony Le MesmerBig FootJeffers217 You have to hit Madejski where it hurts and that's in his pocket- I imagine if 3000 fans decided not to go for the season he'd soon catch on to the fact that we aren't happy.
I enjoy going to watch Reading, I even enjoyed some of the games under Brendan Rodgers!
Why would you stop doing something you enjoy to try and prove a point?
I think its called standing up for yourself.
by Terminal Boardom » 01 Sep 2010 14:06
Yorkshire RoyalJeffers217ZacNaloen Christ, this is the same argument as the last time sold a player for millions.
We had a four million deficit in the budget.
It is not sold by one big player going because the fee will only save you for one year, without seeing the accounts we don't know how much of that deficit has been plugged, we would hope by now all of it.
It's my personal feeling that the club is being more sensible than splurging the money on the first signing that becomes available and i'd be very surprised if some of this money hasnt been set aside so we actually have something to spend in January as well.
The club are not being sensible- they are playing a very dangerous game. The warning signs were there last season until we decided to do something about it in Jan. If the cloth cutting continues then relegation is inevitable and then there will be NO money whatsoever as attendances will rapidly drop in League 1. If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership. Sometimes in life you have to risk a minnute amount to reap massive benefits. We ent prepared to do that and it will cost us which personally makes me feel pretty dejected by the whole thing. I think fans have the absolute right to voice their opinions- season-ticket holders who spend their money to keep the club going and get nothing for that- now that deserves a response in my opinion
Mr Madejski is not prepared to risk anymore of his personal money on this club. He is not as cash rich as any of you believe. His money is tied up in Commercial Property (down 40%) and his other companies (mostly loosing money). So when you are talking about "we aren't prepared to do that" what you are in fact is saying "he is not prepared to risk anymore of HIS personal wealth". How much do you want him to spend? Plug the 4m defecit and then maybe another 4m on players/wages? So 8m in total? Assuming he has anywhere near 32m left in liquid assets (I doubt he even has that), thats 25% of his personal wealth.
Why should he? It's about time to accept we are not bankrolled by a rich sugar daddy, nor are we supported by a strong business. The club loses money every year (like 90% of all clubs, easily) and our chairman no longer has the wealth to prop up the club AND invest greatly. That's life, deal with it.
And before you all start going on, sell the club now tight arse, he can only sell the club if he has a buyer. And who would want a business that loses money every year. We're not Chelsea, we're not Man City, we're not Villa and we're not Man Utd. We dont have a brand, or history or even a chance to get TV revenue when the clubs start selling their own rightss.
We either find another local benefactor who wants to lose money every year, we mortgage the club on the gamble of future sucess(worked well for Leeds etc), or we run a tight ship and accept life isnt like Championship Manager.
by brendywendy » 01 Sep 2010 14:07
Tony Le MesmerNick Shorey my Lord!LoyalRoyalFan Madejski has pocketed over 7million quid yesterday.
Please demonstrate, with facts, where Madejski has taken money from the operating balance sheet of RFC.
Shifting personal debt on the hotel onto the club? Ot to be more preicse, using cash from player sales to cut losses on the side of the "business".
by Big Foot » 01 Sep 2010 14:07
Terminal BoardomYorkshire RoyalJeffers217 The club are not being sensible- they are playing a very dangerous game. The warning signs were there last season until we decided to do something about it in Jan. If the cloth cutting continues then relegation is inevitable and then there will be NO money whatsoever as attendances will rapidly drop in League 1. If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership. Sometimes in life you have to risk a minnute amount to reap massive benefits. We ent prepared to do that and it will cost us which personally makes me feel pretty dejected by the whole thing. I think fans have the absolute right to voice their opinions- season-ticket holders who spend their money to keep the club going and get nothing for that- now that deserves a response in my opinion
Mr Madejski is not prepared to risk anymore of his personal money on this club. He is not as cash rich as any of you believe. His money is tied up in Commercial Property (down 40%) and his other companies (mostly loosing money). So when you are talking about "we aren't prepared to do that" what you are in fact is saying "he is not prepared to risk anymore of HIS personal wealth". How much do you want him to spend? Plug the 4m defecit and then maybe another 4m on players/wages? So 8m in total? Assuming he has anywhere near 32m left in liquid assets (I doubt he even has that), thats 25% of his personal wealth.
Why should he? It's about time to accept we are not bankrolled by a rich sugar daddy, nor are we supported by a strong business. The club loses money every year (like 90% of all clubs, easily) and our chairman no longer has the wealth to prop up the club AND invest greatly. That's life, deal with it.
And before you all start going on, sell the club now tight arse, he can only sell the club if he has a buyer. And who would want a business that loses money every year. We're not Chelsea, we're not Man City, we're not Villa and we're not Man Utd. We dont have a brand, or history or even a chance to get TV revenue when the clubs start selling their own rightss.
We either find another local benefactor who wants to lose money every year, we mortgage the club on the gamble of future sucess(worked well for Leeds etc), or we run a tight ship and accept life isnt like Championship Manager.
So why doesn't Madejski put away his ego and sell the frigging club? Get someone to take over who has the means to support the club financially. There is rarely a day goes by when someone somewhere is linked with buying a club. How genuine is Madejski in his attempts to sell?
by brendywendy » 01 Sep 2010 14:08
Tony Le MesmerBig FootJeffers217 You have to hit Madejski where it hurts and that's in his pocket- I imagine if 3000 fans decided not to go for the season he'd soon catch on to the fact that we aren't happy.
I enjoy going to watch Reading, I even enjoyed some of the games under Brendan Rodgers!
Why would you stop doing something you enjoy to try and prove a point?
I think its called standing up for yourself.
by brendywendy » 01 Sep 2010 14:09
Terminal BoardomYorkshire RoyalJeffers217
The club are not being sensible- they are playing a very dangerous game. The warning signs were there last season until we decided to do something about it in Jan. If the cloth cutting continues then relegation is inevitable and then there will be NO money whatsoever as attendances will rapidly drop in League 1. If they kept The Sig, signed Kish on loan and signed a decent striker we would most likely have been promoted this season and then we wouldn't have to keep funding our club by selling our best players as we would be gettign a lot of money if in Premiership. Sometimes in life you have to risk a minnute amount to reap massive benefits. We ent prepared to do that and it will cost us which personally makes me feel pretty dejected by the whole thing. I think fans have the absolute right to voice their opinions- season-ticket holders who spend their money to keep the club going and get nothing for that- now that deserves a response in my opinion
Mr Madejski is not prepared to risk anymore of his personal money on this club. He is not as cash rich as any of you believe. His money is tied up in Commercial Property (down 40%) and his other companies (mostly loosing money). So when you are talking about "we aren't prepared to do that" what you are in fact is saying "he is not prepared to risk anymore of HIS personal wealth". How much do you want him to spend? Plug the 4m defecit and then maybe another 4m on players/wages? So 8m in total? Assuming he has anywhere near 32m left in liquid assets (I doubt he even has that), thats 25% of his personal wealth.
Why should he? It's about time to accept we are not bankrolled by a rich sugar daddy, nor are we supported by a strong business. The club loses money every year (like 90% of all clubs, easily) and our chairman no longer has the wealth to prop up the club AND invest greatly. That's life, deal with it.
And before you all start going on, sell the club now tight arse, he can only sell the club if he has a buyer. And who would want a business that loses money every year. We're not Chelsea, we're not Man City, we're not Villa and we're not Man Utd. We dont have a brand, or history or even a chance to get TV revenue when the clubs start selling their own rightss.
We either find another local benefactor who wants to lose money every year, we mortgage the club on the gamble of future sucess(worked well for Leeds etc), or we run a tight ship and accept life isnt like Championship Manager.
So why doesn't Madejski put away his ego and sell the frigging club? Get someone to take over who has the means to support the club financially. There is rarely a day goes by when someone somewhere is linked with buying a club. How genuine is Madejski in his attempts to sell?
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