True but they effectively replaced us, and we got relegated because the EFL don’t have any consistency and inexplicably deducted Sheffield Wednesdays’s points a season after they broke the rules.
Never been too keen on Wycombe after they got gifted a place in The Championship when they were midtable in League One when covid hit yet PPG saw them get a jammy place in the play offs which they did ultimately win but shouldn't have made in the first place. That didn't sit right with me then and seems they could now be gifted Reading's training ground too by the sounds of things.
When the season was halted Wycombe were 8th having played 34 games with at least one game in hand on all 5 teams directly above them. They were level on points with 6th and only 1 point behind 3rd and so it was an incredibly tight division and would have been equally unfair whichever way it was decided by the EFL.
Had Charlton missed out on the play offs in the same position as Wycombe, I'd have been pretty miffed.
It was also said at the time there remaining fixtures were considerably tougher than those around them so there's no guarantee they would have made the top six, probably would have missed out if the season had fully completed. Incredibly weird how the league voted to end the season early yet have the play offs. Should have cancelled the season altogether if they didn't want to continue.
Never been too keen on Wycombe after they got gifted a place in The Championship when they were midtable in League One when covid hit yet PPG saw them get a jammy place in the play offs which they did ultimately win but shouldn't have made in the first place. That didn't sit right with me then and seems they could now be gifted Reading's training ground too by the sounds of things.
Midtable is a stretch.
They were 8th, only outside of the playoffs on goal difference having played less games?
If they'd have won their game in hand they'd have been 3rd, only outside the top 2 on goal difference.
Wycombe Wanderers Football Club are putting on hold provision for funding to Reading Football Club and the acquisition of the Bearwood Park training facility from its owners.
A little over a week ago, Reading Football Club announced that it was selling its training ground. Wycombe’s majority investor, Feliciana EFL Ltd, made a proposal to purchase the grounds. Many of the details were still to be worked out, including potential sharing with Reading and how to ensure a smooth transition.
Importantly, it was agreed that while the details were being finalised and due diligence carried out, Feliciana would provide sufficient financing to Reading to allow it to pay its tax obligations and operating expenses, including payroll for the staff and players.
It was Wycombe and Feliciana’s belief that they were helping Reading and professional football with the offer to assist its neighbour in a manner that had historically been used in the past by many football clubs. Indeed, Wycombe’s own training ground had been sold over a decade ago to reduce operating expenses and fund the club when the club had its own financial issues.
Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds.
Wycombe continues to wish its neighbours good luck in solving its issues. For its part, Wycombe will continue its search for a training ground that meets its ambitions for the Club.
Would hope there would be a clause where Reading can purchase the land back for the same price + interest when the next owner comes along.
Otherwise it's Wycombe benefitting from another club's demise like a vulture. I'm sure they'd see it as 'doing them a favour' when it's actually the complete opposite if it's a cut price sale.
No different from other clubs snapping up their players on the cheap in January
Training ground feels a lot more difficult to rebuild though no?
Like if Southall would've sold Sparrows Lane I wouldn't just liken that to selling a Jenkinson or Gomez for example.
True but still one club benefiting from another's demise.
And Southall couldnt have sold Sparrows Lane as he never owned it.
I wish someone would change the title of this thread because every time it pops up it think they have been deducted another two points. They should be on -50 points by now.
Wycombe Wanderers Football Club are putting on hold provision for funding to Reading Football Club and the acquisition of the Bearwood Park training facility from its owners.
A little over a week ago, Reading Football Club announced that it was selling its training ground. Wycombe’s majority investor, Feliciana EFL Ltd, made a proposal to purchase the grounds. Many of the details were still to be worked out, including potential sharing with Reading and how to ensure a smooth transition.
Importantly, it was agreed that while the details were being finalised and due diligence carried out, Feliciana would provide sufficient financing to Reading to allow it to pay its tax obligations and operating expenses, including payroll for the staff and players.
It was Wycombe and Feliciana’s belief that they were helping Reading and professional football with the offer to assist its neighbour in a manner that had historically been used in the past by many football clubs. Indeed, Wycombe’s own training ground had been sold over a decade ago to reduce operating expenses and fund the club when the club had its own financial issues.
Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds.
Wycombe continues to wish its neighbours good luck in solving its issues. For its part, Wycombe will continue its search for a training ground that meets its ambitions for the Club.
That kind of seems like the sort of thing you might want to check before announcing an intention to purchase. Ouch.
The Club can confirm Mr Dai has committed to a letter of intent with a potential purchaser of Reading Football Club.
The parties will now enter a period of exclusive negotiation to agree the final terms. The completion is expected to take up to two months, at which time the purchaser will be announced.
The transaction would include the transfer of Mr Dai’s shareholding in The Reading Football Club Limited, as well as the Select Car Leasing Stadium and Bearwood Park training ground.
Good news for them and glad they'll be rid of Dai Yongge although i do hope their new owner isn't someone loaded who will have them pushing for promotion next season.
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They were 8th, only outside of the playoffs on goal difference having played less games?
If they'd have won their game in hand they'd have been 3rd, only outside the top 2 on goal difference.
Wycombe Wanderers Football Club are putting on hold provision for funding to Reading Football Club and the acquisition of the Bearwood Park training facility from its owners.
A little over a week ago, Reading Football Club announced that it was selling its training ground. Wycombe’s majority investor, Feliciana EFL Ltd, made a proposal to purchase the grounds. Many of the details were still to be worked out, including potential sharing with Reading and how to ensure a smooth transition.
Importantly, it was agreed that while the details were being finalised and due diligence carried out, Feliciana would provide sufficient financing to Reading to allow it to pay its tax obligations and operating expenses, including payroll for the staff and players.
It was Wycombe and Feliciana’s belief that they were helping Reading and professional football with the offer to assist its neighbour in a manner that had historically been used in the past by many football clubs. Indeed, Wycombe’s own training ground had been sold over a decade ago to reduce operating expenses and fund the club when the club had its own financial issues.
Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds.
Wycombe continues to wish its neighbours good luck in solving its issues. For its part, Wycombe will continue its search for a training ground that meets its ambitions for the Club.
CLUB STATEMENT
The Club can confirm Mr Dai has committed to a letter of intent with a potential purchaser of Reading Football Club.
The parties will now enter a period of exclusive negotiation to agree the final terms. The completion is expected to take up to two months, at which time the purchaser will be announced.
The transaction would include the transfer of Mr Dai’s shareholding in The Reading Football Club Limited, as well as the Select Car Leasing Stadium and Bearwood Park training ground.
https://www.readingfc.co.uk/news/2024/march/26/Club-Statement-26Mar24/