No Trust, No strategy, No effective Communication

[RoyallyFcuked]

The names of the 4 (currently 3) have been released m8, its who the fcuk they are and what the fcuk they do that is unclear.

[P!ssed Off]

The names of the 4 (currently 3) have been released m8, its who the fcuk they are and what the fcuk they do that is unclear.

Ruined that set up...

[RoyallyFcuked]

I agree that its sad to think that after the sales of McCarthy, Morrison and Le Fondre we still have no money to spend. Of course we have always spent next to fcuk all anyway but those 3 sales were worth at least £10m and what have we got out of it?

Then you remember that a certain Pavel Pogrebnyak will have earned at least half of that £10m by the time his contract is up and it becomes a bit clearer.

I did think that getting Adkins was the one positive thing to happen under AZ but after today's game I'm really starting to question that too.

[RoyallyFcuked]

The names of the 4 (currently 3) have been released m8, its who the fcuk they are and what the fcuk they do that is unclear.

Ruined that set up...

[Tommy Jenkins]

I would strongly recommend that our Thai owners - about whom we know so little about - consider coming forward and sorting this mess out, if they (know anything about football) If not Mr Adkins & Mr Hammond seem to have no clue or strategy for avoiding relegation. We need to ensure that Reading do not slip limply into the third tier, a level which this club spent so many years battling to escape from.
Any of you remember those dark days ?

[Froomes]

I would strongly recommend that our Thai owners - about whom we know so little about - consider coming forward and sorting this mess out, if they (know anything about football) If not Mr Adkins & Mr Hammond seem to have no clue or strategy for avoiding relegation. We need to ensure that Reading do not slip limply into the third tier, a level which this club spent so many years battling to escape from.
Any of you remember those dark days ?

That's been taken, almost verbatim, from this weeks GetReading fans verdict...

[Tommy Jenkins]

Your right it may be a little harsh, It may well be that Mr Atkins & Mr Hammond & MR Howe & Sir John Madejski OBE, DL are left to run a rudderless ship and the Thias have switched their Internet, Email & Phones off ??

[Yellowcoat]

It would be better if you switched everything off with your tiresome nonsense.

[Tommy Jenkins]

Sorry Yellow Coat

I've tried switching off, but

Two atoms are playing with each-other. Suddenly, one of them yells:
-I lost an electron!
-Are you serious?,- says the other atom.
-I am quite positive,- replies the first.

[Man Friday]

We're likely to sink lower than the third tier. If we don't invest in players and we sell our best players then there's only one direction we're heading - and fairly fast. It's so obvious it's not really worth stating.

[Royal Rother]

[Ian Royal]

Well what is Owners' opinion?
It would be interesting to hear what the owners make of the current goings-on on the field.

Not hard to imagine. I for one am sure they're delighted the excellent performances we've been putting in recently.

And what their intentions are in the short and long term.

See Hammond interview
Short - cut huge wage bill
Long - grow club and get into PL
Allegedly

Do they still have faith in Nigel Adkins?

See Hammond interview
Yes, allegedly.

Adkins is now 10/1 to be the next Championship manager to be sacked, second favourite after Brighton boss Sami Hyypia.

That's nice. Easy money for all the people certain he must go this instant.

[Royal Lady]

There's a big difference in fans thinking he should go and the board actually sacking him - hence the 10/1 I expect. I don't think the Thai's have a clue what they're doing personally

[sandman]

There's a big difference in fans thinking he should go and the board actually sacking him - hence the 10/1 I expect. I don't think the Thai's have a clue what they're doing personally

So they have something in common with the manager then.

[Ian Royal]

There's a big difference in fans thinking he should go and the board actually sacking him - hence the 10/1 I expect. I don't think the Thai's have a clue what they're doing personally

So they have something in common with the manager then.

And RL

[melonhead]

CBA to read all that. I'm pretty sure that Melonhead with his 70 thousand odd posts of absolute bollox is going to be defending the club tho.

Twat.

Lol. You're a pcunt etc. Which bit is untrue?

He posted his opinion.
I lol'd
He asked what I thought was wrong about it.
I told him what was wrong with it, in my opinion.
You chipped in with ur usual random shtick about post count and bollox.
I expressed my opinion on that.

There's a huge amount I disagree with the club about.
I don't support adkins
I didn't support the sacking of Brian
I think the tsi debacle was awful for the club.
Im wary about our new owners.
think antons a cnut and SJM holds the responsibility for selling to him.

I know u hate positivity and joy, but I have no idea where u get the idea that's it's all I've got.
Inside I'm a setting mess of rage and negativity, I can assure u

[STAR Liaison]

This post will be more useful to the OP and others who perhaps follow news about the club less closely. It might also be helpful as a ‘join the dots’ exercise re the new ownership. This is all based on published information, except where caveated with ‘we believe’ etc.

The Thai consortium acquired Reading FC Ltd from RFC Holdings in mid-September 2014. Technically the shares in the Club are held in equal measure by 4 UK registered limited companies. However, searches at Companies House show that these companies in turn seem to be wholly owned individual subsidiaries of four companies registered in the Far East. The Football Club is:

- 25% owned by GPT Football Investment Ltd and 25% owned by GPT UK Investment Ltd, which both have Narin Niruttinanon as their sole director.
- 25% owned by RFC UK Investment Co Ltd, which has Sasima Srivikorn as its sole director.
- 25% owned by Universal FICO Ltd, which has Sumrith Thanakarnjanasuth as its sole director.
Since the takeover Reading Football Club Limited has registered new Articles of Association at Companies House.

The word ‘owner’ in the context of English football has taken on some connotations of active, upfront, in your face involvement by a dominating individual. I’m sure you can think of some. The Thai consortium at Reading does not appear to be going down that route. It might be more helpful to think of these three individuals (Narin, Sumrith, Sasima) as ‘investors’. Of the eight directors on the Board of the Football Club, in addition to the three 'investors', there are two other Thai directors who are not shareholders but represent the Thai interests and are senior business figures in their own right. There are also (from before the takeover) Sir John Madejski (now co-chairman with Sasima) , Nigel Howe (the CEO) and Ian Wood-Smith. Several other Thais are involved as advisers, one of whom is Samrit-as-featured-on-Facebook, who has experience of owning a football club in Thailand.

The objective of the consortium has not been expressed to STAR but we believe it is almost self-evidently a continuation of the previous mission, namely to establish the club in the Premier League in the manner of a Stoke, Swansea or Southampton. We believe the strategy by which this could be achieved is using Reading’s competitive advantage over most other Championship clubs – the quality of the Academy. This should attract better quality prospects, better and lower cost players into the team and inevitably higher transfer fees out. The Bearwood development, which we believe to be on-going, is a key part and cost of that strategy.

The Thais have paid off all the major external debts created by the previous ownership for which we all ought to be thankful. The financial legacy of the previous ownership has been both damaging and enduring. Because as fans we were not confronted with ‘Save the Royals’ collection buckets and mournful faces on regional TV news, Pompey-style, we probably don’t fully appreciate how bad the situation was 6 months ago but STAR, in a previous press release, has commented on the heroic efforts and contributions of long-standing members of the club management.

However as Nicky Hammond and others have explained the club’s / owners’ hands are quite tightly tied by the regulations on Financial Fair Play and by the high wage costs of ‘talent’ currently under contract but not on the pitch. The owners will stick to the FFP rules (unlike some clubs who see fit to chance a £50m fine) so it’s now down the skills of football management, transfer policy and fitness regimes to improve the current situation. You can perhaps see why the new owners haven’t come in shouting ‘Bright New Dawn’ – especially given the last guy who did so.

To pick up on a couple more rumours mentioned elsewhere. STAR believe it is exceedingly unlikely that the Thais are about to sell the football club; and believe that is exceedingly unlikely that Chris Samuelson is involved in any current / future dealings with the club.

[Man Friday]

Well-written.
What's that about Chris Samuelson though? Why would there be ANY possibility of him being involved...? What's his hold over the club?

[Tommy Jenkins]

Thank you very much Starliaison.

Some good points you have put across at last.

However why is it going so terribly wrong? & who ultimately takes responsibility for changing it? Anyone of 8 -16 Thias ??
Which by all accounts from your informative post, only one knows what a football looks like ? Or does he .......RE : Anton Ferdidnand ?

Why also if the Thias cleared the debt and we sold some of our best players are we still getting into heavy debt , which by all accounts mean Mr Hammond cant really do his job and get players in. How the hell do we break this cycle without going down ?

This is I am afraid very worrying, However we are rid of the Russian who everyone seems to blame everything on , a bit too conveniently I think, even though the damage he caused was big, the current board members ,taking the Thais out of the equation, LET HIM DO IT !

[P!ssed Off]

However as Nicky Hammond and others have explained the club’s / owners’ hands are quite tightly tied by the regulations on Financial Fair Play and by the high wage costs of ‘talent’ currently under contract but not on the pitch. The owners will stick to the FFP rules (unlike some clubs who see fit to chance a £50m fine) so it’s now down the skills of football management, transfer policy and fitness regimes to improve the current situation. You can perhaps see why the new owners haven’t come in shouting ‘Bright New Dawn’ – especially given the last guy who did so.

The "hands tied, FFP" line is overused.

Let's be clear: If Reading overspend in the upcoming window then we would not be risking a "£50m fine", that's absolute nonsense. We'd be risking a temporary transfer embargo that would take place in January 2016.

We didn't sign anyone in the January 2014 window, did we? Big oxf*rd deal if we're not allowed to sign anyone in January 2016...

We won't be signing anyone, other than perhaps Murray, in this upcoming transfer window because there is little need to. The squad we have is more than capable of surviving relegation. The club will likely stick to the rules because it can afford to do so.

If we had a squad as weak as Blackpool's/Rotherham's/Millwalls's then do you really think the threat of a temporary transfer embargo in January 2016 would stop us from spending money? Of course it wouldn't.

Likewise any talk of "we would sack Adkins, but that might breach FFP rules" is absolute nonsense. Do you really think the club will let this numpty carry on as he is, just so as to avoid a temporary transfer embargo in 12 months time?