Points Deduction, Who's Next And When Will It Stop?

[TINMANTED]

32 minutes ago, hintonsboots said:

Agreed, but I was referring to the EFL’s treatment of Reading not being in line with their own precedents.

further proof that the meddling, and influence and power of gibson on the efl caused the damage done to us

[TigerTedd]

2 hours ago, Foreveram said:

It’s not strange, it’s just further proof that the EFL wanted to make an example of us.

An example, by definition, is a precedent. Means that when other people fault to take heed of that example, they get the same punishment. This just rubbishes all of what they did to us, now no one will take them seriously again, and they’ll do whatever they want, knowing just the owner gets a £20k chump change fine. 

Reading are pretty f***** anyway though, they’re struggling to make up the small points deduction they’ve already had. So they’ll be in league 2 next year either way. 

They may have gotten off with less punishment than us, but ultimately they’ll be in a far worse position. 

[Mick Harford]

This does nothing to disprove the theory that the EFL went after Morris out of spite.

[Kernow]

Posted in a different thread, but it'll be interesting to see the punishment for Reading after the abandonment today. We're their next home game, so I wouldn't be surprised to see the same happen in our game. Fully behind them sticking two fingers up to the EFL, but it may not end up in the best of trips for any of those making the Tuesday night trip down to Reading...

[Wolfie20]

27 minutes ago, Kernow said:

Posted in a different thread, but it'll be interesting to see the punishment for Reading after the abandonment today. We're their next home game, so I wouldn't be surprised to see the same happen in our game. Fully behind them sticking two fingers up to the EFL, but it may not end up in the best of trips for any of those making the Tuesday night trip down to Reading...

Was it two fingers to the EFL or more a demonstration against the owner who they are desperate to get out of their club?

[Kernow]

27 minutes ago, Wolfie20 said:

Was it two fingers to the EFL or more a demonstration against the owner who they are desperate to get out of their club?

Probably a bit of both to be honest. The EFL and bad owners go hand in hand.

[Foreveram]

14 minutes ago, Kernow said:

Probably a bit of both to be honest. The EFL and bad owners go hand in hand.

No, it was entirely against their owner.

He has basically abandoned the club after previously liquidating his last two clubs.

 

 

 

[Kernow]

3 minutes ago, Foreveram said:

No, it was entirely against their owner.

He has basically abandoned the club after previously liquidating his last two clubs.

 

[Foreveram]

14 minutes ago, Kernow said:

 

Fair enough but that’s the Port Vale fans behind the goal doing the chanting, if you go to the Reading fans forum it’s all about getting rid of the owner.

For what it’s worth the EFL wanted to order the owner to sell the club as punishment for refusing to fund the club but the independent panel gave him a fine instead which of course he hasn’t paid.

Apparently there was only the bare minimum of police on duty even though they knew that the abandonment was planned because there was insufficient funds to pay for any more.

I’m very apprehensive about the 300 mile near six hour round trip coming up shortly.

[Gee SCREAMER !!]

Bet they loved the EFL when we sold Shinnie for 30k to cover Jagielkas wage till May.  Then we were told we couldn't keep him, whilst they were allowed to change their management team, resign Carroll and bring in 4 loans.  Bet they loved em when they were allowed to bring in 5 players at the start of this season as well. 

[Steve Buckley’s Dog]

There’s a rumour that the EFL are going to hit them hard with a 20 minute transfer embargo for this.

[richinspain]

1 minute ago, Steve Buckley’s Dog said:

There’s a rumour that the EFL are going to hit them hard with a 20 minute transfer embargo for this.

Both in and out, so we can't sign Savage.

[TigerTedd]

A lot of blame to land on the EFLs doorstep here. What is the fit and proper persons test for if not to wrestle out owners with a past history of liquidating clubs. They’re supposed to be protecting clubs. 

the sooner clubs become protected heritage community assets, the better.

Why does everything take so long?

[Foreveram]

48 minutes ago, TigerTedd said:

A lot of blame to land on the EFLs doorstep here. What is the fit and proper persons test for if not to wrestle out owners with a past history of liquidating clubs. They’re supposed to be protecting clubs. 

the sooner clubs become protected heritage community assets, the better.

Why does everything take so long?

Unfortunately the EFL doesn’t have a crystal ball, the Reading owner took a 75% share in the club in 2017, his other two clubs were dissolved in 2020 and 2021.

[ram59]

8 hours ago, Foreveram said:

Unfortunately the EFL doesn’t have a crystal ball, the Reading owner took a 75% share in the club in 2017, his other two clubs were dissolved in 2020 and 2021.

But didn't they let our failed bidders pass the fit owners test, the fake sheik and Kirchner?

[RadioactiveWaste]

26 minutes ago, ram59 said:

But didn't they let our failed bidders pass the fit owners test, the fake sheik and Kirchner?

I'm sure Kirchner was graded persil white. I thought they stalled on Alonso until it all fell apart on it's own anyway (but i could be remembering that wrong)

[Bessie1]

Reading owner’s story here - it’s quite a tale!

https://en.m.wikipedia.org/wiki/Dai_Yongge

 

[Old Spalding Ram]

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. 👍🐏

[Gaspode]

41 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. 👍🐏

If he's failed with the funding again, does that mean they are likely to get another points deduction?

[Spanish]

7 minutes ago, Gaspode said:

If he's failed with the funding again, does that mean they are likely to get another points deduction?

I don’t think so they have moved their attention to him and not the club for the advance funding.  If they miss a salary day again then that would trigger a points penalty