Going to be interesting to follow this story and see what might have been for ccfc.
It literally doesn't mean a future, does it? The club that was Reading FC ceases to beI would think administration and basically starting again is the best way forward perhaps a fan based takeover. Will mean points deduction and might mean relegation but should mean a future.
Redbird are quite a well known firm with plenty of assets - they have nothing to gain by using an oddball like Storey as a front.There’s a suggestion on the Reading forum that Storey is a front for Redbird capital, who apparently tried to buy a stake in Liverpool. Their investors seem to be American sports and Hollywood stars. Sounds like they’re in danger of getting their Ranson/SISU.
I initially thought that but then I remembered the Ranson/SISU situation and immediately thought that anything is possible. Especially when dealing with companies that are made from and used to doing high risk fast return business dealings.Redbird are quite a well known firm with plenty of assets - they have nothing to gain by using an oddball like Storey as a front.
Ha ha, completely forgot about that!If you want to know what’s going to happen next year ask Frostie.
I initially thought that but then I remembered the Ranson/SISU situation and immediately thought that anything is possible. Especially when dealing with companies that are made from and used to doing high risk fast return business dealings.
Rich Energy is also the name of their incoming box to box midfield signing
I hear they've got Max Power lined up to play alongside him.
It's amazing the likes of TalkSport entertain obvious fraudsters like this guyListened to William Storey being interview on the radio.
He did mention us briefly, but basically it was a complete rehash of his attempt to buy us, minus the signings he'd lined up.
He's a chancer , I'd be staggered if this goes through.
They are a tabloid broadcaster, it's all about engagementIt's amazing the likes of TalkSport entertain obvious fraudsters like this guy
Exactly this, I don't know why people are shocked that Talksport set themselves up to be inflammatory - they want you to phone up angry because it pays their bills and they might get a social media clip out of it.They are a tabloid broadcaster, it's all about engagement
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Their guests are just blokes who bumped into a presenter when they were pissed-up somewhere. Pints of wine vibes.It's amazing the likes of TalkSport entertain obvious fraudsters like this guy
Guessing he’d been a ‘Good boy’.Never trusted a man with a beard since I caught father christmas shagging my dog
Not a popular opinion but the Blokes a wrongun… only a matter of time before Coogan is portraying him. Looking at the dog in this picture..it’s Clearly a fake hand !!Never trusted a man with a beard since I caught father christmas shagging my dog
Not a popular opinion but the Blokes a wrongun… only a matter of time before Coogan is portraying him. Looking at the dog in this picture..it’s Clearly a fake hand !!
Not a lot would change then.Imagine if he buys Reading the league now. Well all look like twats.
Can we get it copy and pasted please?How an F1 deal ‘unleashed the beast’: William Storey’s three failed bids to buy a football club
William Storey has made a lot of noise in his bids to own a football club - but moves for Sunderland, Coventry and Reading did not progresstheathletic.com
It's quite a long read so I will sift through the important bitsCan we get it copy and pasted please?
LegendIt's quite a long read so I will sift through the important bits
This followed Storey’s failed attempts to buy Sunderland in 2020 and Coventry City in 2022. Sunderland, like Reading, were playing in League One at the time and were seeking a sale. Coventry were being sold by SISU Capital, their hugely unpopular owners.
All three bids failed to progress.
“He’s never been close to buying anything,” explains a source who worked for Sunderland when Storey was trying to buy the club. Like others who spoke to The Athletic for this article, they will remain anonymous to protect relationships. “There was nothing (at Sunderland). There was no deal. The guy was a fantasist, a Walter Mitty.
“This is his MO: he sends an email to a football club saying he wants to buy that club. Then he launches this social media blitz. ‘Yeah, I’m buying the club, I’ve got a deal, can’t say anything more than that’.”
“He walks around with a letter from David Sullivan,” says a source who has sat around the negotiating table with Storey. “The letter from David and the Haas deal are William’s two tools of the trade.”
Then he moved on to Coventry.
The BBC reported that Storey agreed heads of terms — an agreement in principle, subject to a formal contract being signed — over a £30million takeover of the Midlands club, one of the founding members of the Premier League. Bonus payments would be paid to then-owner SISU Capital if Coventry were promoted back to the English top flight.
The report noted that Storey was being backed by Origin Sports Group, a sports investment business. Origin Sports, however, was only instructed by Storey to advise on the deal, according to a person who worked on it at the time, so carried out the financial due diligence for him and attempted to help structure a sale, but did not back Storey as an investor.
However, it was Doug King who entered a period of exclusivity with Coventry in November 2022 prompting Storey to threaten legal action against the club as he believed SISU had breached his exclusivity window.
A SISU statement at the time said: “The allegation of a breach of exclusivity is untrue and unhelpful.”
No legal action has yet materialised.
Asked why Storey became involved, someone close to the talks believes it was to run a “self-promotion campaign”.
“Any successful businessman would not want to be linked to multiple failed transactions, so that bit was puzzling,” they added. “The other side is that he is fame-hungry and wants people to know who he is, and he succeeded in that.”
It might all have been so different for him, though. Had the infrastructure been in place when he sponsored the Haas F1 team, then perhaps Storey would now be a credible and key player in the sporting world — but after his flirtations with Sunderland, Coventry and Reading, it is unlikely he will be taken seriously again.
So, what is his motivation now?
“I think he enjoyed the taste of it and wants to get back there,” speculates the person involved in the Haas F1 discussions. “And in the age we live in now, he is clickbait gold. The social media age has supported someone like William Storey.
“He goes on the radio and they know it will drive engagement, even if it’s just angry people shouting at him.”
William Storey or Alexccfc99?Legend
Alexccfc99William Storey or Alexccfc99?
Here you areCan we get it copy and pasted please?
thanks, brilliant hack
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