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Apparently we've sold 5k for blackburn
at 11:42 28 Mar 2024

Club website says over 4000.
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Burgess could play Friday...
at 11:07 26 Mar 2024

No chance. I would not expect him to be in the squad for Friday.

He will take a few days to recover from trip once back in the UK. He may not play Monday either.
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Financial results from last year
at 21:29 25 Mar 2024

Was not so long ago that all of those teams were a division below us and smaller on most objective measures. Some have benefitted from owner investment, all have had Premier League money since we were last there.

I also remember Brighton, Bournemouth, Palace and others in a similar way.
[Post edited 25 Mar 21:30]
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Financial results from last year
at 21:11 25 Mar 2024

No. They are also not in our operating costs, they are treated as investments, so appear on our balance sheet and cash flow statement.
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Financial results from last year
at 21:10 25 Mar 2024

The accounts show that we have been funded as a top half Championship team since the takeover. We have owners who have subsidised us £20m per season to invest in players and rebuild the broken infrastructure. Our new investors have effectively agreed to do the same for the next four to five years. That is where the £100m will be spent.

On and off the pitch we now look like a team that should be competing at the top end of the champ. Such is football finance, if our owners were not prepared to make that investment then we would be a bottom half Champ side, looking to cut costs and maybe fluke a good season. Those were the Evans days,

We are a well run club, that is evident both on and off the pitch.
[Post edited 25 Mar 21:12]
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How much does a football stand cost?
at 16:24 25 Mar 2024

The Cobbold will need to be levelled and a new stand built from scratch. It will cost £100-£150m based on other recent developments of similar size.

The investment announced on Friday will cover our operating losses (£20m per season) and some investment activities (training ground, academy etc) for the next four or so seasons.

We would need a separate fund raise for the new stand. Cannot see that being until the end of this decade.
[Post edited 25 Mar 16:27]
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Blackburn allocation
at 10:27 20 Mar 2024

5k was a random figure rather than a prediction...

IIRC Cardiff sold quite a few once it got to general sale, but that was a Saturday at 3pm kick off and there were trains.
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Blackburn allocation
at 09:41 20 Mar 2024

I know that no returns was a thing some years ago, and Town rightly ordered in batches so that they managed their financial risk. Would have been ME days but would still be good financial practice today in such circumstances.

The other perspective is that clubs are only required to give away fans 2k seats, so this could simply be a default starting point to allow the hosts to gauge how many staff they are going to need to employ to manage the away section.

It will be fine. If 5k fans want to go, the we will get tickets. Lots of uncertainty mind given, TV travel challenges and kick off time.
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Taking back control and increasing complexity for businesses
at 13:33 18 Mar 2024

Link to the article from which the quote was taken. Mediterranean beer became trendy so all the big companies want to acquire or develop their own offering.

https://www.timeout.com/uk/food-and-drink/what-is-madri-lager-and-how-did-it-tak
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If I'm looking at it correctly....
at 11:47 18 Mar 2024

IIRC the queuing system randomly assigns you a position when you join, so that it is not first come first served. It does not mean that all of the positions in the queue ahead of you are filled. Someone joining the queue after you could be assigned an earlier or later position than you. This could explain why once tickets go on sale the queue appears to move quickly. There could be a lot of queuing positions ahead of you that have not been assigned to anyone.
[Post edited 18 Mar 11:50]
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Norwich roll call...
at 11:32 18 Mar 2024

I cannot believe the club would have used th 30+ category first if we had more qualifying fans than tickets. But it does look like we are close to 2k on 30+ points. There maybe around a 100 held back for players/club officials. Looks like around 250 tickets left.

Regular away fans will likely be 50+ points, and we have sold out pretty much all our away allocations this season.
[Post edited 18 Mar 11:43]
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Can Reading survive much more?
at 09:45 16 Mar 2024

Reading are in advanced talks to sell the club to an American group. Either the proceeds of the training ground sale are included in the transaction and reflected in the price, or they are not. It will be a zero sum game.

Reports from Reading are that the club needed to find £1m to cover March wage bill so this looks more like a fire sale to keep the club running than an asset strip.

Imho.
[Post edited 16 Mar 9:47]
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Friday Music thread then - Sheffield special.
at 20:32 15 Mar 2024

Saw this in London last Saturday, a love letter to Sheffield, based on the lyrics of Richard Hawley. Wonderful. If you get a chance to see this show, it is an evening well spent.

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Can Reading survive much more?
at 13:54 15 Mar 2024

Yes. The point of asset stripping is to make money. The owner is already £160m out of pocket, which is not the action of someone who is trying to appropriate assets for financial gain. Hence incompetence.
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Can Reading survive much more?
at 12:55 15 Mar 2024

The post I responded to claimed the owner was an asset stripper. The accounts do not support that claim. Even if he pockets some of the proceeds from the ground sale, he is not going to remotely recover the majority of what he has invested.

Incompetence, yes, asset stripping, no.
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ITFC womens match at PR
at 12:37 15 Mar 2024

I believe it is unsegregated, the Chatham fans have the same ticket site link as home fans so looks like they can sit anywhere they like. It will be a non-issue.
[Post edited 15 Mar 12:38]
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Can Reading survive much more?
at 16:45 14 Mar 2024

We can agree to disagree.

Under his stewardship, the annual wage bill has been at time been double their annual revenue. They spent net £15m on transfers in 2019/20 and 2020/21, as a championship club without parachute payments. They gave Andy Carroll a big contract to get them back in the PL. And Paul Ince as manager. There are plenty of warning signs of unsustainable spending in their accounts. It looks like he has gambled to go up and it has failed. That does not look like asset stripping to me.

Local Reading fans have estimated there is a £1m funding gap to cover their costs this month, hence the firesale of the training ground.
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article about sevrice charges on Leasehold flats
at 16:01 14 Mar 2024

There are a generation of homeowners who have only ever known ultra low interest rates.

In the 1990s, we had 10%+ mortgage rates, if you were able to get a long term deal at less than 6% then that would have been as good as it gets. The mortgage rates limited how much you could afford to borrow and what you could afford to pay for a property.

Over recent years, I have seen work colleagues max out what they can borrow to buy far more expensive properties than we could afford at a similar age, assuming that mortgage rates of 2-3% are normal. As we are seeing, the era of cheap money has come to an end and it has left folk over-extended.

While I have sympathy with the subject of the story, purchasing 60% of a property in trendy (expensive) Dalston when interest rates are at an all time low my not have been a sensible decision, leaving aside the big increases in the service charge.
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Contracted players for next season....
at 15:05 14 Mar 2024

Ha. If we do go up, then we are going to need 24 new players to keep Leif company.
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Contracted players for next season....
at 15:02 14 Mar 2024

Humphreys will still be an U21 next season. I also believe that El Miz will be out of contract, albeit we have an option on him.

I can see Cam B and Vas getting new deals. I also suspect that Slicker will go out on loan as I do not see him as back up keeper. Henry G may take on the third keeper role, as an U21, so would not count towards squad numbers, in the same way that KS did not this season.

As you say, there could be a good amount of churn. Do we go back for Sam Gallagher? We should also be able to secure some decent Prem loans, if clubs see us as top end Championship and KM stays.
[Post edited 14 Mar 15:04]
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