New board member

Eaststandboy

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Zaki Nuseibeh has been appointed to the board, 33 years old from Jordan and Ex Oxford University student.
 

MarkG

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Marked Ox

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One for Myles - Remember this loan being mentioned in the "beware of Tigers" thread?
http://news.floreatgroup.com/post/162589697713/global-fixed-income-fund-i-successfully-exits-its

Nuseibeh is a partner in the manager of the investment fund that loaned Reading FC £25 million. And this loan was secured by parachute money due from the Premier League, as well as all the land and stadium. Sound familiar?
Not much in terms of assets to secure against with us apart from possibly transfer fees.
 

Eaststandboy

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I guess the club had to rush a story through as the in broke this.

Not an ideal time with the Manchester City tickets opening up.
 

gingerox

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Wiki - Horst Geicke was ranked as the 270th richest German in 2015. Let's hope he's got a few quid lay about still
 

Sarge

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Reading Zaki's profile according to Oxford mail, given his links with Palestine,best we don't draw spuds in any cup competition, itll be war zone in directors lounge if we do :eek::eek::eek:
 

AscotYellow

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a small amount of googling and these look like fellas that can take on Kassam to me
 
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Marked Ox

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Reading Zaki's profile according to Oxford mail, given his links with Palestine,best we don't draw spuds in any cup competition, itll be war zone in directors lounge if we do :eek::eek::eek:
Might get a visit from Corbyn though. :geek:
 

n1

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HG in particular appears to be rather wealthy.
 
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MarkG

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I’d be sceptical that the first one has close links with the Reading loan.

I can’t see how they could replicate that without parachute payments or a ground to sell off.

But perhaps it may be better to have a business man owner rather than a trainset owner? If their intention is to improve the club rather than asset strip?
 

The Hawk

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Phew! There was I thinking it was Russian loan sharks Tiger was up to his balls with.
 

stokeu

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we should stop this thread here please
 
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