Last time I looked, we dont own our OWN training ground - some developers / speculators and Loan Sharks own it and took advantage when we were on our knees?! They should have given it back - but they will NEVER be forgiven by the loyalistas. You know who you are - with the dent in your bonnet and the funny handshakes.
Pretty sure the money will come from a bank, and if the asset really is worth £50m then won’t need to put a deposit down either as there is so much equity in the purchase. Interest payments in the short term potentially covered by a lease back to Reading FC.
Feliciana Ltd I expect, who would then actually have an asset to sell when selling the club as they don’t own the stadium or the training ground at the minute.
If Reading really don't own their training ground, I'm a lot less concerned than I was this morning on that front - us buying the ground wouldn't send them to wall - but some of the numbers being thrown around are pretty scary.
So I set off for work today thinking we’re all but safe and have a day out at Wembley to enjoy. A nice calm end to a turbulent season.
Now I’m home and after reading 10 pages on here I’ve learned that people want to kill our owners and possibly me. Our owners may fight back; you can lose a lot of bodies in the Bayou.
Rob seems to have found £25 million down the back of a billionaire and somehow that has been spent on a facility that was going absurdly cheap but was still absurdly expensive.
Even DevC can’t explain what this all means but we may be in the Champions League in 5 years or we may be called Thames Valley Wasps and be playing in Reading.
The Trust are silent or silenced, hordes of Reading supporters will be besieging Adams Park tomorrow and I’ll still have to sit under a leak from the FA roof on Saturday.
All my football loving friends who support other clubs have blocked me on their socials and the dog took a shit on my 125th anniversary Wycombe shirt.
I still have no idea why we’re buying the training ground.
Comments
You definitely win the award for wildest speculation so far.
You'd have to go some to win that award today.
Unless he thinks that Adams park will literally turn into a white elephant.
So we're going to ground share with Reading, at Bearwood, and Poxford are moving to Adams Park.
What's going to happen to The Madjeski Stadium?
Will MK ever get enough fans to justify opening up the top tier?
What's been wilder than suggesting we're either going to ground share with Reading or even sillier build a new stadium in Reading!
Andrew Savory @adsavory
https://twitter.com/adsavory/status/1768208840778985956
These are the companies listed Wycombe's website.
Boycott @LordsBuildersM
Boycott @WhiffAway
Boycott @Originbifolds
Boycott @3bhire
Boycott @haineswatts
Boycott @tradekart_uk
Any company with association to Wycombe should be avoided
Seems a bit unsavory from Mr Savory there.
So it starts
Well the animosity with Derby, Plymouth , Oxford, Bristol Rovers and Peterborough has eased down a bit so it was time for a new one.
And MK Dons, Col U and Slough.
Actually lolled
But where will he get his aluminium bifolding doors from now??
Not to mention the smell in the bathroom!
One post every 10,000 has to be witty. That was the contract I signed up for.
Forget Reading and it’s unsavoury support.
We need to know where the money is coming from .
How is the deal good for the club.
How do we pay it back.
These are the real issues. Everything else is just white noise at the moment.
I can't wait for the spying scandals if we share a training ground with Reading.
"Oi! I saw Scowen looking across at our pitch!"
Last time I looked, we dont own our OWN training ground - some developers / speculators and Loan Sharks own it and took advantage when we were on our knees?! They should have given it back - but they will NEVER be forgiven by the loyalistas. You know who you are - with the dent in your bonnet and the funny handshakes.
POTD. These are the questions that need addressing by RC.
I said it in a post earlier that there's actually a decent similarity between us and Reading!
The clubs own the ground, but the owners (via a separate company) own the club.
Just that we've already had our training ground lifted!
And obviously our owners aren't running us into utter oblivion racking up many a points deduction with seemingly no interest in our betterment!
Pretty sure the money will come from a bank, and if the asset really is worth £50m then won’t need to put a deposit down either as there is so much equity in the purchase. Interest payments in the short term potentially covered by a lease back to Reading FC.
but what entity is buying the asset?
Feliciana Ltd I expect, who would then actually have an asset to sell when selling the club as they don’t own the stadium or the training ground at the minute.
Wonder if there will be another Q and A session any time soon.
I would wager, not.
If Reading really don't own their training ground, I'm a lot less concerned than I was this morning on that front - us buying the ground wouldn't send them to wall - but some of the numbers being thrown around are pretty scary.
You mean an A session?
I grant that a Lolz.
We do still have a midweek home game, where they like to sneak these sessions in. But it's against Derby so probably too high profile.
On Radio 5 tonight, I think that they said that this would be discussed on the 72+ podcast at twelve tomorrow.
Maybe advisable for Bobby C to be out of the country for that one
So I set off for work today thinking we’re all but safe and have a day out at Wembley to enjoy. A nice calm end to a turbulent season.
Now I’m home and after reading 10 pages on here I’ve learned that people want to kill our owners and possibly me. Our owners may fight back; you can lose a lot of bodies in the Bayou.
Rob seems to have found £25 million down the back of a billionaire and somehow that has been spent on a facility that was going absurdly cheap but was still absurdly expensive.
Even DevC can’t explain what this all means but we may be in the Champions League in 5 years or we may be called Thames Valley Wasps and be playing in Reading.
The Trust are silent or silenced, hordes of Reading supporters will be besieging Adams Park tomorrow and I’ll still have to sit under a leak from the FA roof on Saturday.
All my football loving friends who support other clubs have blocked me on their socials and the dog took a shit on my 125th anniversary Wycombe shirt.
I still have no idea why we’re buying the training ground.