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Reading: Championship club deducted six points for breaking EFL financial rules

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  • ForeverAddickted
    ForeverAddickted Posts: 94,733
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,657
    Sounds pretty fair to me. 
  • golfaddick
    golfaddick Posts: 33,727
    £1500 p/wk  ?? That must be a typo. Or does that include all staff (ie ticket office etc.).
  • Covered End
    Covered End Posts: 52,057
    golfaddick said:
    £1500 p/wk  ?? That must be a typo. Or does that include all staff (ie ticket office etc.).
    Seems sensible to me. Why should they be allowed to get someone in on a free and pay them more than £1,500 pw, if HMRC bill is unpaid?
  • golfaddick
    golfaddick Posts: 33,727
    Covered End said:
    golfaddick said:
    £1500 p/wk  ?? That must be a typo. Or does that include all staff (ie ticket office etc.).
    Seems sensible to me. Why should they be allowed to get someone in on a free and pay them more than £1,500 pw, if HMRC bill is unpaid?
    I dont disagree but I doubt any quality player is going to sign for £1500 p.wk. I bet Smith didn't 
  • Chris_from_Sidcup
    Chris_from_Sidcup Posts: 36,095
    edited July 2023
    golfaddick said:
    Covered End said:
    golfaddick said:
    £1500 p/wk  ?? That must be a typo. Or does that include all staff (ie ticket office etc.).
    Seems sensible to me. Why should they be allowed to get someone in on a free and pay them more than £1,500 pw, if HMRC bill is unpaid?
    I dont disagree but I doubt any quality player is going to sign for £1500 p.wk. I bet Smith didn't 
    That's exactly why it's a punishment/restriction, as it forces them to get it resolved quickly because they now effectively can't sign anyone as no player will go there for that money. Smith signed before the latest restriction was put in place.

    If it was 5k a week they could still sign decent quality players on a free transfer whilst leaving the HMRC debt unpaid.
  • soapy_jones
    soapy_jones Posts: 21,387
    Bet they are wishing they were Sheffield Wednesday...

    Seems fair and rules applied.
  • ForeverAddickted
    ForeverAddickted Posts: 94,733
    Can we put a sneaky bid in for Sam Smith?
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,657
    golfaddick said:
    Covered End said:
    golfaddick said:
    £1500 p/wk  ?? That must be a typo. Or does that include all staff (ie ticket office etc.).
    Seems sensible to me. Why should they be allowed to get someone in on a free and pay them more than £1,500 pw, if HMRC bill is unpaid?
    I dont disagree but I doubt any quality player is going to sign for £1500 p.wk. I bet Smith didn't 
    Smith didn’t have to.
  • Callumcafc
    Callumcafc Posts: 63,830
    ForeverAddickted said:
    So if they don’t pay the bill, they can’t register the players they signed?

    Sam Smith might be regretting his choice even more if he can’t play until January!

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  • ShootersHillGuru
    ShootersHillGuru Posts: 50,657
    Callumcafc said:
    ForeverAddickted said:
    So if they don’t pay the bill, they can’t register the players they signed?

    Sam Smith might be regretting his choice even more if he can’t play until January!
    I’m not sure this latest punishment has any impact on Smith. He was signed before it was handed out.
  • Chris_from_Sidcup
    Chris_from_Sidcup Posts: 36,095
    ShootersHillGuru said:
    Callumcafc said:
    ForeverAddickted said:
    So if they don’t pay the bill, they can’t register the players they signed?

    Sam Smith might be regretting his choice even more if he can’t play until January!
    I’m not sure this latest punishment has any impact on Smith. He was signed before it was handed out.
    The twitter post says "HMRC bill will need paying before EFL registers 1 or 2 of new signings", although no indication as to which of their signings it refers to.
  • Garrymanilow
    Garrymanilow Posts: 13,218
    So Sam Smith has a long term groin injury and isn't getting paid. What a summer he's having
  • Manic_mania
    Manic_mania Posts: 2,264
    edited July 2023
    Garrymanilow said:
    So Sam Smith has a long term groin injury and isn't getting paid. What a summer he's having
    At the end of the day, he didn't want to come here, by all accounts he was offered more money to come to us but he made his choice. I'm sure he had his reasons, and you can't legislate for bad luck with injury. What you CAN legislate for is picking a company that has form for not paying their employees on time, but that's up to him, maybe he just does it for the love of the game rather than money? Or he is a Reading fan or something and doesn't mind being charitable to them to help them out?

    Personally I only want players who actually WANT to be here and have a bit of ambition, both of which were clearly lacking when he chose to go to Reading over us.

    *caveat - assuming that what has been reported is true about our offer*
  • JaShea99
    JaShea99 Posts: 5,466
    Don’t you mean “what a summer they’re having”?
  • Covered End
    Covered End Posts: 52,057
    Manic_mania said:
    Garrymanilow said:
    So Sam Smith has a long term groin injury and isn't getting paid. What a summer he's having
    At the end of the day, he didn't want to come here, by all accounts he was offered more money to come to us but he made his choice. I'm sure he had his reasons, and you can't legislate for bad luck with injury. What you CAN legislate for is picking a company that has form for not paying their employees on time, but that's up to him, maybe he just does it for the love of the game rather than money? Or he is a Reading fan or something and doesn't mind being charitable to them to help them out?

    Personally I only want players who actually WANT to be here and have a bit of ambition, both of which were clearly lacking when he chose to go to Reading over us.

    *caveat - assuming that what has been reported is true about our offer*
    He played for Reading youth team & started his professional career with Reading.
  • ForeverAddickted
    ForeverAddickted Posts: 94,733
    777 Partners being linked with purchasing Reading.

    This is the lot who purchased Standard Liege from Roland
  • Briston_Addick
    Briston_Addick Posts: 11,785
    ForeverAddickted said:
    777 Partners being linked with purchasing Reading.

    This is the lot who purchased Standard Liege from Roland
    777 partners?

    Makes our new owners seem like a tiny consortium ...
  • MarcusH26
    MarcusH26 Posts: 8,094
    Didn't someone mention 777 Partners were interested in us last year but couldn't do a deal with TS? 
  • killerandflash
    killerandflash Posts: 69,962
    ForeverAddickted said:
    777 Partners being linked with purchasing Reading.

    This is the lot who purchased Standard Liege from Roland
    They were linked with Everton. Bit of a step down to go after Reading instead.

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  • Henry Irving
    Henry Irving Posts: 85,281
    MarcusH26 said:
    Didn't someone mention 777 Partners were interested in us last year but couldn't do a deal with TS? 
    Yes, that was what I heard
  • MarcusH26
    MarcusH26 Posts: 8,094


    Reading can't play Charlie Savage or Lewis Wing until they settle their HMRC bill 
  • ForeverAddickted
    ForeverAddickted Posts: 94,733
    So they did sign Sam Smith in time then?
  • Covered_End_Lad
    Covered_End_Lad Posts: 5,730
    ForeverAddickted said:
    So they did sign Sam Smith in time then?
    Probably doesn't matter, he is out for a few months
  • clive
    clive Posts: 19,525
    https://www.readingfc.co.uk/news/2023/august/02/club-statement-update-on-investment/
  • killerandflash
    killerandflash Posts: 69,962
    A good time for Peterborough to play them on Saturday
  • BigRedEvil
    BigRedEvil Posts: 11,083
    edited August 2023
    Serves him right for rejecting us

    Edit: So Smith is okay to play then  :D
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,657
    That club statement doesn’t sound at all encouraging. I’m sure the owner is seeking investment. Sounds like his individual pot has run dry. Who in their right mind would invest at this point. Sounds to me like this could get very tricky for the club. I wonder how HMRC will play this.
  • seth plum
    seth plum Posts: 53,448
    When you get blah blah blah followed by ‘there will be no further comment’ then you know things are dodgy.
  • cafctom
    cafctom Posts: 11,373
    Sounds like their squad going into the season is ridiculously small. Few places have them nailed on for relegation. 

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