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Posts posted by Spanish
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2 hours ago, oodledoodle said:
Doesn't matter how big the budget is if we're having to work within an EFL budgeting framework.
I thought we were working within our own budget. Never heard DC or DCFC complaining that they were constrained externally. From the little we can see we are losing money as a business so not sure why DC would want to lose more
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12 minutes ago, On the Ram Page said:
Just to add a bit of balance to those who think the world has ended with our recent results - only 2 teams in the top 7 have more points than us over the last 5 games - Bolton 12, Peterborough 11 against our 10 points. Getting Nyambe back and a few others from injury, plus hopefully someone in the window will make a huge difference.
I think we all get the points argument, some of us want a sense that we are going in the right direction as evidenced by entertaining performances
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1 hour ago, dog said:
Brom Vs Wolves. Apparently it's a Derby, but Derby aren't in it. Can we sue?
Given the crowd trouble I can see the efl will blame us in that case
- Carl Sagan and SKRam
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1 minute ago, RoyMac5 said:
Not even playing.
Sub though
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4 minutes ago, Topram said:
Was hoping he’d be back next week but Angola down to 10 men already
It was the goalie too
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23 minutes ago, kevinhectoring said:
I’d guess there are several reasons why they are kept separate. As you point out, one is that it gives him more options on sale
it would be interesting tho’ - if he were to sell the stadium to the club - to see what price the club pays for it …
I think it is possible that they have already sold it once to a melco without receiving payment. You would have to know how the third party mortgage worked for more clarity. That valuable asset has been lost to the club unless a current or future owner gifts it
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If he’s not injured then to be dropped from the match day squad can only mean he has fallen out with management I suppose
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1 hour ago, Ghost of Clough said:
People need to get over it. He will have made mistakes, but it's clear to me he also has regrets. Despite that, and still getting abused by fans, he has stuck by the club to make amends. Quantuma felt he was worth keeping around. Clowes has made the decision to keep him as his CEO. Move on.
Sorry, he stayed on to make amends in a job where he isn’t being paid and he took despite many other job ops shown to him? I do hope he is keeping exacting records of any decision that is even slightly unique for a change. I tried to not respond but clearly couldn’t resist the bait
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4 minutes ago, MACKWORTHRAM said:
Yeah they have qualified. Top 3 teams go through.
Yeh the top 4 third placed teams go through I didn't realize that at first
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26 minutes ago, RoyMac5 said:
Namibia are out, oops maybe not
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42 minutes ago, Chester40 said:
have consistently argued for fans to stop overreacting, because the results and some performances have been good.
Having watched them on ramstv apart from Oxford I don’t think any of the recent performances have been good the results have papered over the underlying problems.
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50 minutes ago, Crewton said:
In a word - no. The accounts for the first couple of years of Mel's ownership I'm pretty sure showed no debt other than the mortgage on the stadium which existed when Mel bought the club. He subsequently loaned the club funds as required on a "repayment whenever" basis but never converted them into equity. He only started seeking external finance once he'd started looking for buyers, obviously deciding to preserve what he had left.
After reval didn’t he sell the ownership of the ground to another entity but no funds were actually exchanged?
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11 hours ago, Anag Ram said:
Tight boogers in Yaaarkshire.
Just throw in some money off vouchers at Iceland and they’ll cave.
Smiffy is a ram.
Well now they know we have 300k less in our loan budget. Maybe that will change their mind particularly if we are the only ones willing to pick up his salary for the rest of the season
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24 minutes ago, FlyBritishMidland said:
Why can’t we all just be pleased we’ve signed a player for a fee, albeit a loan fee instead of analysing how it might or might be structured. Maybe it’s a legacy from mad Mel. We’re no longer run by someone who got a bit lucky in the IT world, we’re now run by, in my opinion, a sensible businessman.
Lets just enjoy it as another step on the road to being run like a “normal” football club.
Just trying to use this bit of info to assess whether we have funds for anybody else
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1 minute ago, Scott129 said:
So no money being paid for permanent transfers this window then. Wonder if we'll still be included in transfer rumours after this 🤣
Well the quotes says there is a permanent pot so perhaps it is reserved for another incoming?
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16 minutes ago, Elwood P Dowd said:
You have to take a balanced view, DC did gain an asset worth £81million for a £1 but he also inherited some liabilities, it appears some of those liabilities have been discharged.
Sorting out the mess takes time.
Picky but the asset is valued at that. It is only worth what he can sell it for I suppose.
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3 minutes ago, Rich3478 said:
Think barkhuizen been off it for a while, definitely an area we can improve and at least add competition. By looks of him he adds goals to the team, pace too!
contract stance can go both ways, can argue he’s about to be worth more than we pay just because we have him tied to a longer deal.
equally transfers and fees a part of football, we need to not be scared of them. Learn from mistakes in past, use the experience to improve us. Is done now but we need to be able to sign players and do it confidently.
Bradley was free but his wages probably high, is no different to this transfer to me. And Blackett Taylor has potential sell on value.
What motm barks last time out? You are right by learn from mistakes but we never seem to do that! Please forgive my negativity but it always seems that other clubs are waiting for us to turn up and be dumped on. If we are to return to the heights we believe we deserve the scouting has to improve radically
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Anybody else worried about this one? Past experience is that we always seem to have our pants down when it comes to transfers. I don’t like paying a fee for somebody in the last six months of their contract. I’m also worried that it’s not in the area of the field that I feel needs improving. oh well, I suppose that we have to get one transfer right eventually😀.
- Gerry Daly, therealhantsram and RoyMac5
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13 hours ago, rammieib said:
I still don’t know why they agreed to waive any amount of the fee.
If Stephen Pearce had anything to do with that he should be applauded for saving us £1.3mSurely that would have been the administration and I haven’t got a good word for them or SP for that matter
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2 hours ago, JfR said:
On the other side of things, you have Wolverhampton selling 17 players to meet FFP requirements, also losing their manager in the process:
https://www.telegraph.co.uk/football/2024/01/17/gary-oneil-wolves-drastic-transfer-policy-everton-forest/2 hours ago, nottingram said:Another club who rolled the dice and got promoted, though. Much easier to care about FFP or P&S when you’re anticipating staying in the division the rules apply in.
Some story that one of the sales was late and they therefore maybe in breach
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51 minutes ago, Old Spalding Ram said:
The EFL have spoken.
As Reading FC supporters are only too aware, it has in recent months become increasingly clear that Mr Dai Yongge is no longer in a position - or does not have the motivation - to support the Club financially as he did following the change of control in 2017.
In November 2023, the EFL called for the disqualification of Mr Dai following the failure to fund the deposit account to cover player and staff salaries following repeated breaches of EFL Regulations. This was ultimately rejected by an Independent Disciplinary Commission and a financial sanction was imposed instead.
The EFL has now received confirmation that Mr Dai did not meet last Friday’s latest deadline to fund the deposit account as ordered, meaning he has been in default for nearly four months. As a result – and as per the terms of the 15 December decision - a further £50,000 fine has now been imposed, taking the total to £80,000.
His continued failings mean that once again the Club's hardworking staff have no reassurance as to payment of wages and demonstrates a clear disregard for his obligations as a director of the Club.
In respect of this issue, the League will now consider all available options it has under the Regulations and will have no hesitation in bringing further charges against Mr Dai.
In the meantime, and for the sake of the future of Reading FC, its staff, supporters, and local community we urge Mr Dai either to fund the Club adequately or to make immediate arrangements to sell his majority shareholding to appropriate new owners so everyone can move forward with renewed optimism.
For our part, we will work with Mr Dai, his team, and the Club plus any potential purchaser to navigate and meet the requirements of the Regulations as quickly as is physically possible and bring an end to this difficult period for all parties.
What followed the events at the end of last week were the unfortunate scenes on Saturday afternoon that led to the abandonment of the fixture versus Port Vale, and further demonstrated the impact the current situation is having on everyone associated with the Club.
However, entering the field of play is a criminal offence and puts the safety of all participants at risk. The EFL Board will discuss events at Saturday’s match during its meeting later this week as it has a responsibility to the League’s member clubs and the competition to ensure all 72 Clubs meet the requirements of the rules as previously agreed by EFL Clubs.
……………….should be interesting next Tuesday night. 👍🐏
I suspect the game will be closed doors. They don’t have the funding to police the crowd to stop a similar event
January Reinforcements
in Derby County Forum
Posted
Salary Cost Management Protocol (SCMP) is the Financial Fair Play rules for all League One and League Two Clubs. The SCMP requirement is whereby a Club's Player-Related Expenditure shall not exceed the sum of 60% or 50% of the Club's Relevant Turnover for League One and League Two Clubs respectively.
If DCFC are restricted differently can someone suggest how much more money DC would have invested for transfers? Maybe we just don’t have the money