Spanish Posted January 16 Share Posted January 16 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 Link to comment Share on other sites More sharing options...
Crewton Posted January 16 Share Posted January 16 I don't recall much of the "football supporters together" tosh from their fans when we were in Administration - it was more like "the EFL should throw the book at Derby, we aren't like them". Que Sera, Sera, but I wouldn't miss them if they weren't around. Gee SCREAMER !!, JPRamFan, Seaside Ram and 2 others 2 3 Link to comment Share on other sites More sharing options...
Old Spalding Ram Posted January 16 Share Posted January 16 (edited) 1 hour ago, Gaspode said: If he's failed with the funding again, does that mean they are likely to get another points deduction? At the Independent Disciplinary Commission hearing Robert Weekes KC for the EFL said that a deduction in points would be inappropriate, and then went on to give four reasons why a financial sanction would be inappropriate…………the EFL then had to fine Reading £50,000 when the ruling never went their way and had to follow the Commission’s recommendations In the approach to sanctions Mr Weekes KC referred to EFL v Derby County. Para 20 page 4 https://s3.eu-west-1.amazonaws.com/gc-media-assets.gc.eflservices.co.uk/f9367d00-9e64-11ee-a874-f95b44f643aa.pdf Edited January 16 by Old Spalding Ram Link to comment Share on other sites More sharing options...
Mick Harford Posted January 16 Share Posted January 16 The difference in how we were treated and how they are being treated is astonishing. I harbour no ill will towards Reading, but being allowed to sign and register players okus the EFL publically backing the fans is very different to how we had to sell our kids for a fraction of the worth in most cases, not to mention not being allowed to extend Jags contract for 6 months. Not defending him, but I still think they went after Mel hard after he called out the TV deal. Wigan fans saying similar on Social Media, well apart from the Mel bit. Tamworthram, Ram-Alf, Foreveram and 5 others 1 7 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 16 Share Posted January 16 Our situation was hampered no end by Mr Morris putting the club into administration. angieram, Spanish and Crewton 1 2 Link to comment Share on other sites More sharing options...
Bris Vegas Posted January 17 Share Posted January 17 I used to watch Reading when they were a struggling League One side with a mate from school. I was talking to him the other day about them, saying how they have gone full circle. Link to comment Share on other sites More sharing options...
Premier ram Posted January 17 Share Posted January 17 In two minds whether to go on Tuesday night , long way to go if it’s going to be abandoned RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 17 Share Posted January 17 1 minute ago, Premier ram said: In two minds whether to go on Tuesday night , long way to go if it’s going to be abandoned Is there any word on reading forums about that? Might be worth seeing what's being said. Link to comment Share on other sites More sharing options...
Premier ram Posted January 17 Share Posted January 17 Just now, RadioactiveWaste said: Is there any word on reading forums about that? Might be worth seeing what's being said. The last I saw was a fans group urging all other fans not to attend the match RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Shipley Ram Posted January 17 Share Posted January 17 43 minutes ago, Premier ram said: In two minds whether to go on Tuesday night , long way to go if it’s going to be abandoned At least some of their fans are thinking about this https://royals.org/forum/viewtopic.php?f=1&p=5457392&sid=1dbb8b77263168d95ab2e54d61719f0b#p5457392 Link to comment Share on other sites More sharing options...
Chellaston Ram Posted January 17 Share Posted January 17 57 minutes ago, Premier ram said: The last I saw was a fans group urging all other fans not to attend the match I heard Reading weren’t selling home tickets in the lower blocks and putting curtains across so they can’t do another pitch invasion Link to comment Share on other sites More sharing options...
JfR Posted January 17 Share Posted January 17 1 hour ago, Premier ram said: The last I saw was a fans group urging all other fans not to attend the match I thought their fans already do that. Premier ram, Gee SCREAMER !!, Comrade 86 and 4 others 2 5 Link to comment Share on other sites More sharing options...
Gaspode Posted January 17 Share Posted January 17 13 minutes ago, Chellaston Ram said: I heard Reading weren’t selling home tickets in the lower blocks and putting curtains across so they can’t do another pitch invasion Tomchope, Comrade 86, Ram-Alf and 1 other 4 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 17 Share Posted January 17 (edited) 1 hour ago, Chellaston Ram said: I heard Reading weren’t selling home tickets in the lower blocks and putting curtains across so they can’t do another pitch invasion I'm not sure just tasking @Curtainsto stop a pitch invasion on his own is going to be enough if I'm honest. Edited January 17 by RadioactiveWaste Ram-Alf, jono, Mucker1884 and 4 others 1 6 Link to comment Share on other sites More sharing options...
Shipley Ram Posted January 18 Share Posted January 18 This all sounds a bit grim for Reading https://www.theguardian.com/football/2024/jan/18/reading-implement-drastic-cost-cutting-measures-as-financial-crisis-deepens Sniffing arround there forum it seems that some worry that there is a danger they might not be able to complete their fixtures and therefore be thrown out of the league. I don't like Reading much but really hope they survive. jono 1 Link to comment Share on other sites More sharing options...
Crewton Posted January 18 Share Posted January 18 "This weekend the Football Supporters’ Association is encouraging clubs to show solidarity with Reading supporters by having a minute’s applause" I must have slept through the one they organised for us? Gaspode, IslandExile, richinspain and 2 others 1 1 3 Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted January 18 Share Posted January 18 19 minutes ago, Crewton said: "This weekend the Football Supporters’ Association is encouraging clubs to show solidarity with Reading supporters by having a minute’s applause" I must have slept through the one they organised for us? BeCAuse we bROKE De rules and muSTT Die. Booo... Crewton 1 Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted January 18 Share Posted January 18 On 17/01/2024 at 14:38, Shipley Ram said: At least some of their fans are thinking about this https://royals.org/forum/viewtopic.php?f=1&p=5457392&sid=1dbb8b77263168d95ab2e54d61719f0b#p5457392 They seem to banging on about whoosh whatever that is. Link to comment Share on other sites More sharing options...
Comrade 86 Posted January 19 Share Posted January 19 1 hour ago, Gee SCREAMER !! said: They seem to banging on about whoosh whatever that is. Whoosh Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 19 Share Posted January 19 10 hours ago, Shipley Ram said: This all sounds a bit grim for Reading https://www.theguardian.com/football/2024/jan/18/reading-implement-drastic-cost-cutting-measures-as-financial-crisis-deepens Sniffing arround there forum it seems that some worry that there is a danger they might not be able to complete their fixtures and therefore be thrown out of the league. I don't like Reading much but really hope they survive. To be honest, the only way I see them getting out of it is by their owner putting them in administration. He already owns the stadium and training ground. It means, once the players are sold they'll have absolutely nothing left... other than a massive pile of debt. I think it would take at least £25m for them to be bought out of admin. Would anyone be willing to pay that? 9 hours ago, Gee SCREAMER !! said: They seem to banging on about whoosh whatever that is. Link to comment Share on other sites More sharing options...
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