** Takeover rumours - ed. Deal 'allegedly' DONE p.66**
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I think the two go hand in hand selr0
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SELR_addicks said:
Think a lot of people are going way overboard way too soon.
No-one has any idea whether this will even happen or what their intentions are, so why always assume the worst?
http://www.youtube.com/watch?v=lgGeBavRAG8 0 -
She's dead unless you mean Ben?kentaddick said:
they'll be as divisive as thatcher is imo.SELR_addicks said:So if Slater + Jiminez sell us on now, they'll be seen as successes right and get the plaudits they deserve for turning us around?
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She's on Film4 tonight at ninewaldo said:
She's dead unless you mean Ben?kentaddick said:
they'll be as divisive as thatcher is imo.SELR_addicks said:So if Slater + Jiminez sell us on now, they'll be seen as successes right and get the plaudits they deserve for turning us around?
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This seems spot on to me. And as Airman said, this is appears aimed at a third party, almost as if the talks have stalled and this is an attempt to draw new interest to create another option to put the squeeze on.ShootersHillGuru said:
One of the factors that has made the club an attractive proposition is its low level of debt – it owes just £4million to banks, a reduction from the £7m owed when the club was taken over by Michael Slater and Tony Jimenez on December 31, 2010.
Another £7m is owed to former directors such as Richard Murray, but none of this is payable until the club is back in the Premier League.
Actually sounds more like part of a sales brochure than anything else. Not so convinced that this is imminent or a done deal.
If this speculation is true, it could well backfire and mean nothing will be concluded once again.
Far too early to worry about who we are going to buy or where we can park on the Peninsula.
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I thought Swansea had always played in white?Chris_from_Sidcup said:Ross said:
Did I say it had turned sour?Chris_from_Sidcup said:Ross said:
True, but there are 2 bad examples:LargeAddick said:i loved my last house. i moved to a better house. i love my new house even more. just saying .....
Pompey: loads of money spent, all turned sour, now languishing down the lower leagues
Cardiff: total change of club colours (similar to Hull City's imminent name change)
Only 2 examples I know, but it can turn sour.
Yes it's all gone very sour for Cardiff. Their fans looked absolutely devastated by the colour change when they rolled over Man City and Swansea in front of a sold out stadium earlier this season.
What I meant is their owners have changed the identity of the club.
Would you like it if the new owners proposed that we play in blue and white without any fan consultation?
Yes you did "Only 2 examples I know, but it can turn sour"
Not blue and white no as they're the colours of our rivals. Cardiff weren't changed to white like Swansea.
If someone pumped £100m into Charlton, got us into the premier league and wanted us to play in say black then i think i'd probably get over it. I know a change from red wouldn't be popular though.0 -
Just received an email from Lombok saying " Join us for a VIP evening " !!!!
Aren't they jumping the gun ?0 -
Jints...no idea if this has any impact on us, or the takeover story, but Knight Dragon bought out Quintain's 40% a couple of weeks ago. This gives them sole development rights and gives Quintain a big cash sum which halves their overall debt levels. From the FT (4th November)...Jints said:
The owners/developers of the peninusla would have a greater ROI coming from the sale of the market housing there. If, instead, they have to do a deal with the owner of the Valley they have to share some of the developer's profit as well as incur the costs/risks of what would be a pretty complex suite of development/planning/construction agreements relating to the relocation of the club.Oakster said:If there is serious ROI to be made in moving us out of the Valley to a new stadium, why would the current lot want to sell?
The developers of the peninsula btw is a joint venture between Quitain Estate (40%) and Knight Dragon (60%). Knight Dragon is an investment vehicle wholly owned by Hong Kong billionaire Dr Henry Cheng.
http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/9340255/Billionaire-Henry-Cheng-Kar-Shun-backs-Greenwich-project.html
Note that Dr Cheng also has interests in social housing provider Pinnacle.
Hong Kong billionaire Henry Cheng Kar-Shun has bought out Quintain’s minority share in an ambitious London regeneration scheme for £186m, as the developer completes its retrenchment strategy to shed debt
Quintain held a 40 per cent share in the Greenwich Peninsula scheme, which includes the creation of 10,000 homes on the site in southeast London near the Millennium Dome, as well as shops, offices and schools.
It sold an initial 60 per cent stake in the 147-acre scheme to Mr Cheng’s Knight Dragon group last year.
The move underscores the strong appetite for London development sites among Asian investors and developers. Singapore’s Oxley Holdings last week bought London’s largest development site to come to market this year, Royal Wharf, in the eastern docklands.
Quintain will make a £34.6m profit from the sale, and said the move “significantly accelerates” its deleveraging strategy, under which net debt will halve from £444m to £218m.
Chief executive Maxwell James said the developer went into the financial crisis of 2008 with “too much gearing and too dispersed a portfolio [of assets]”. Since then Quintain has been scaling back its ambitions, and it last year vowed to reposition itself as a London-focused developer.
It put up for sale part of its student housing business last year and sold a stake in a small part of its Wembley scheme this year.
The Greenwich Peninsula sale “completes the repositioning of Quintain and we now move into a new era for the company”, Mr James said.
The developer will focus its efforts on its £2.5bn Wembley Park scheme, where last month it opened London’s first major designer outlet centre. Quintain also aims to capitalise on the high levels of interest in London from international investors, Mr James added.
“There is a vast amount of capital looking at London for opportunity and we will look to work with them, as we feel we have earned our spurs as a joint venture partner” as a result of the Greenwich Peninsula partnership, he said.
In the past year outline planning permission has been granted for 1,683 homes and two hotels on the Greenwich Peninsula site, and detailed planning consent has been granted for the first phase of 506 homes, which are under construction. Gaining the planning permissions added significant value to the site, Mr James said.
Sammy Lee, director of Knight Dragon, said: “Greenwich Peninsula represents a unique opportunity to deliver one of the largest regeneration schemes in Europe and Knight Dragon is fully committed to delivering this landmark development for London, creating thousands of new jobs, new homes and a community where people will want to live.”
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Sammy Lee?0
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He's fat, he's round, he's nicked our ground...0
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DittoChrissy\\\'s Army!! said:
Most sensible post I've seen on this thread. Good advice!incorruptible addick said:The SLP story is not a leak but a very deliberate plant by one of the parties most closely involved.
That suggests talks are well advanced but certainly not finalised. Yet in usual CL fashion we're all getting way ahead of ourselves - launching the campaign against a move from the Valley when we don't know if there is any such intention; issuing lists of questions for new owners whose identity we don't know and who have not yet taken possession; passing judgement on the Slater/Jiminez era before we know it's over...
Slow down. Digest what is potentially good news. And await further developments.0 -
Charlton knights.. Our badge wont need changing at least0
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Knights? So we will only be playing evening games?adamtheaddick said:Charlton knights.. Our badge wont need changing at least
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Yeah I suppose so, if I was around then I'm sure I'd probably feel the samenth london addick said:its a historic thing for some mate,
its more to do with the battle the hardship and the times supporting cafc through the 80s and early 90s , like isaid I wouldn't force my view on my choice on anyone we all follow football for differing reasons0 -
Has anyone stopped for just a moment & asked the most pressing question about these new investors who are about to sell The Valley to Chris Roberts so he can build a state of the art Gulag, before they change our kit to a hybrid design based on the Confederate flag & an Elvis jumpsuit circa 1975, before they change our badge to a flabby hand holding a cheeseburger & triple coke, before they rebrand us as the Charlton Capitols??? Are they tall enough...well are they?0
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O2FC Charlton Barriers!0
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I can't stay up that long!Loco said:
She's on Film4 tonight at ninewaldo said:
She's dead unless you mean Ben?kentaddick said:
they'll be as divisive as thatcher is imo.SELR_addicks said:So if Slater + Jiminez sell us on now, they'll be seen as successes right and get the plaudits they deserve for turning us around?
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Once we have changed owners, name, kit, sponsors and ground, how about bringing back Curbs!0
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Ha ha what a great takeover thread as per usual.
"I don't go anymore, but now we're moving ground I won't be going.
It will never be the same not going to the new ground, like it was not going to The Valley." :-)0 - Sponsored links:
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Exactly what I was thinking. Well nearly.Oakster said:Has anyone stopped for just a moment & asked the most pressing question about these new investors who are about to sell The Valley to Chris Roberts so he can build a state of the art Gulag, before they change our kit to a hybrid design based on the Confederate flag & an Elvis jumpsuit circa 1975, before they change our badge to a flabby hand holding a cheeseburger & triple coke, before they rebrand us as the Charlton Capitols??? Are they tall enough...well are they?
I know it's easy to get carried away, and Henry raises an interesting point about Slater being quoted in the SLP, but given the fact that this looks like a politically motivated leak it would suggest that any parties involved may yet be some distance from a deal. Given what happened with the other attempted takeovers, I can't help but feel that it is a little premature to be discussing the parking arrangements on the Blackwall Peninsula, let alone a corporate rebranding....
One thing I am hoping for, though, is that if this is the real deal, then the bit about CP's involvement after any potential takeover has some foundation. We shall see.
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Henry Irving said:
When the SLP ran a rather mild story about the Koc takeover the Club banned them for a couple of weeks.
So it is interesting that they would run this story now and be able to get a quote from Slater.
Slater, who it is believed will remain on the board during a three-month handover period, said: "I am unable to comment on this matter."
That says it all for me... calm down people, i'll believe it when it happens, i think we've been here enough times before , if Chris Powell signs a new contract , then i'll believe it, but fear ye not , we are not going to be renamed Charlton Palace... at least i hope not.0 -
Mate had some good news this week regarding the little fella and his football been a bit mad really , but as for wots going on in football in general money talks nowadays and the forgotten people are us supporters .nth london addick said:its a shame J but that's footie, soon your boys footie will be your focus more so than it is now and your priorities will change
cafc will always be there just in a different guise than the one I want to spend dough on I agree its a real shame, those days made us hardend and more tolerant of mediocre results, really if a team dropped from prem to div 3 like we did then riots should've ensued, mighyt just bring the new bread of supporters the club needs to not let this happen again so quietly0 -
I have to say I am concerned that detail such as no signings in jean other than loans and permanents next summer is included as this could be interpreted as Powell not trusted to sign players as he won't be the manager come the summer so we want a clean sheet! As Airman and others say this is planted so we should critically examine every word as there is meaning!!0
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Sorry predictive text should say Jan not jeanMolob said:I have to say I am concerned that detail such as no signings in jean other than loans and permanents next summer is included as this could be interpreted as Powell not trusted to sign players as he won't be the manager come the summer so we want a clean sheet! As Airman and others say this is planted so we should critically examine every word as there is meaning!!
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Been pulling my hair out all weekend throwing a 2 goal lead away and missing a pen in the last 20 mins of my joes mate
I have been coaching them this season and its stuck with me all week0 -
Most of you are jumping the gun a bit here. Why don't we see what happens first?0
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I agree, but also appreciate its easier said than done.DiscoCAFC said:Most of you are jumping the gun a bit here. Why don't we see what happens first?
If you are watching a detective film and trying to work out who done it, does another voice in your head say "stop that right now, just wait and see what happens" ?
I have no idea why, but I have the voice of Father Ted in my head saying that
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Atleast it aint father jack like mine0
