VOTV - New takeover news

Gillis

The Red Robin said:

Tutt isn't it?

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

For those that missed it first time around:

http://forum.charltonlife.com/discussion/71882/tutt-and-american-investor

http://forum.charltonlife.com/discussion/72215/charlton-athletic-crisis-graham-tutt-cares

LuckyReds

Goonerhater said:

Once RD and the puppet have gone then we need to go after Tony the Pony.

I wouldn't want an owner who couldn't see Tony for the incompetent little man he truly is: we've already had an inept ownership once.

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

Would Duchatelet have the guts to open discussions with Varney after his public disclosure though? When Varney sent his emails to Airman - and further recorded a video for CARD - he directly strengthened the protesters position and hurt Roland where it hurt: his ego.

Given the three options, would Roland really consider them all equally and in a businesslike manner when his prize possession - his ego - was wounded?

On the other hand, Elliott wasn't looking too pleased yesterday according to some (such as Richard Cawley) - which potentially suggests that he wasn't quite prepared to go public yet. In Roland's eyes this may be seen as a strength and a sign of trustworthiness.

kafka

flyingkiwiDK said:

This just posted on FB...

"Yes, Elliott is heading consortium to buy club, as is another FP based in America. Along with Varney's, if they were interested in purchase rather than investment, that makes three potential buyers."

Cory Gibbs?

Rob7Lee

The door may be ajar, however I can't see Roland selling at the moment. In reality, what is the club worth in League 1? It has I suspect now nearer £45m of debt come July, is run on a budget too low to run a club even remotely effectively (not just playing side but behind the scenes).

Like it or not we are a club probably likely to add 8-9m a year to the debt pile which I think would mean Roly will need to write off getting towards £40m, is he really likely to do that?

The_President

mogodon said:

Can't help but feel this is probably more pissing about from Duchatalet. Open the door to a possible buy-out (he got stung before when he didn't and doesn't need a repeat of that) as it may calm protests a little for the last two home matches, but name a ridiculously high price. If the buyers withdraw he has tried but they couldn't pay what it was worth (ie what Roland thinks it is still worth), and if they buy at a crazy price he's got out of a bad situation with minimal losses.

Protests arent stopping i can tell you that.

Callumcafc

Rob7Lee said:

The door may be ajar, however I can't see Roland selling at the moment. In reality, what is the club worth in League 1? It has I suspect now nearer £45m of debt come July, is run on a budget too low to run a club even remotely effectively (not just playing side but behind the scenes).

Like it or not we are a club probably likely to add 8-9m a year to the debt pile which I think would mean Roly will need to write off getting towards £40m, is he really likely to do that?

But the longer he keeps hold of the club, the larger his losses will become. When will he decide to cut his losses and move on?

bobmunro

Rob7Lee said:

The door may be ajar, however I can't see Roland selling at the moment. In reality, what is the club worth in League 1? It has I suspect now nearer £45m of debt come July, is run on a budget too low to run a club even remotely effectively (not just playing side but behind the scenes).

Like it or not we are a club probably likely to add 8-9m a year to the debt pile which I think would mean Roly will need to write off getting towards £40m, is he really likely to do that?

In poker terminology he's a busted flush - he wanted a heart on the river and got a diamond, his opponent goes all-in and he knows half the pot currently is his money. Does he call or does he fold? Does RD write-off £40m now or £49m next year or £58m the year after?

RD may be a lunatic but he's not silly - he'll fold.

Alwaysneil

I have had no discussions with Keohane, I've only seen him on video, was enough for me to call him out as a useless wanker.

Other comments on this forum from people who have been unfortunate enough to meet him have solidified my view.

But as I said before, with no real knowledge, I may be wrong. He may be a great guy.

Garrymanilow

We haven't had a lot of luck with Tonys in recent years, have we?

Hex

Gillis said:

Hex said:

SomervilleAddick said:

Despite all the evidence to the contrary, Roland must understand that at this point all he's doing is throwing away more money.

He might want £38m, but if he keeps hanging out for that, with no takers, he'll have to keep loaning the club more money to stay afloat, unless he really believes he has a pipeline of £5m players coming through the academy.

The worry would be that he thinks he can raise a bunch of money from selling JBG and Lookman, enough to fund next years losses

With FFP in L1 he will have to put in real money and that will hurt him.

I admit my grasp of FFP is shaky, but, worryingly, I think he could cut the playing wage budget to 60% of turnover, and continue to fund the club through loans. I don't think FFP prohibits loans as such, it's just that loans don't count towards turnover in the percentage of turnover calculation.

It's the wage limit to 60% of turnover that will greatly limit what RD can do. Loans don't count in turnover so what could he spend the loans on? However, a gift (equity) is included in turnover so he could cover extra spending that way. Also, however, he could also use FFP has an excuse to downsize the club still further.

Arsenetatters

jamescafc said:

Alwaysneil said:

I've seen a limited amount of keohane but what I and absolutely sure of, and I hope you are reading this, you are a useless bullying c**t who isn't fit to hold a senior post anywhere.

I may be wrong though

Care to expand? I hear a lot of bad things said about this bloke but not really any supporting evidence.

My only 'evidence' about Tony is that when we were protesting at Sparrows Lane (sponsors meeting) he sent some poor sod out to video us during our peaceful protest. Bullying twat - come out and do it yourself .

i_b_b_o_r_g

Arsenetatters said:

jamescafc said:

Alwaysneil said:

I've seen a limited amount of keohane but what I and absolutely sure of, and I hope you are reading this, you are a useless bullying c**t who isn't fit to hold a senior post anywhere.

I may be wrong though

Care to expand? I hear a lot of bad things said about this bloke but not really any supporting evidence.

My only 'evidence' about Tony is that when we were protesting at Sparrows Lane (sponsors meeting) he sent some poor sod out to video us during our peaceful protest. Bullying twat - come out and do it yourself .

He'd get a strongly worded letter from my agent if he filmed me without prior authorisation

cantersaddick

PL54 said:

But what will the busybodies do if anything goes wrong in the first few months of any new buyer's ownership.

CAPE

Are you still here?!

Fucking do one..

Six-a-bag-of-nuts

PL54 said:

But what will the busybodies do if anything goes wrong in the first few months of any new buyer's ownership.

CAPE

Who are the busybodies?

HORN

Davo55

LuckyReds said:

Goonerhater said:

Once RD and the puppet have gone then we need to go after Tony the Pony.

I wouldn't want an owner who couldn't see Tony for the incompetent little man he truly is: we've already had an inept ownership once.

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

Would Duchatelet have the guts to open discussions with Varney after his public disclosure though? When Varney sent his emails to Airman - and further recorded a video for CARD - he directly strengthened the protesters position and hurt Roland where it hurt: his ego.

Given the three options, would Roland really consider them all equally and in a businesslike manner when his prize possession - his ego - was wounded?

On the other hand, Elliott wasn't looking too pleased yesterday according to some (such as Richard Cawley) - which potentially suggests that he wasn't quite prepared to go public yet. In Roland's eyes this may be seen as a strength and a sign of trustworthiness.

I think (and hope) that money will talk as far as Duchatelet is concerned. I have no way of knowing, but I suspect that the Elliott and possibly the Tutt interest is being cultivated in order to provide competition to Varney. We'll see who wants it more, and who has the money and the negotiating skills to close a deal. My money is on Varney.

Gillis

Hex said:

Gillis said:

Hex said:

SomervilleAddick said:

Despite all the evidence to the contrary, Roland must understand that at this point all he's doing is throwing away more money.

He might want £38m, but if he keeps hanging out for that, with no takers, he'll have to keep loaning the club more money to stay afloat, unless he really believes he has a pipeline of £5m players coming through the academy.

The worry would be that he thinks he can raise a bunch of money from selling JBG and Lookman, enough to fund next years losses

With FFP in L1 he will have to put in real money and that will hurt him.

I admit my grasp of FFP is shaky, but, worryingly, I think he could cut the playing wage budget to 60% of turnover, and continue to fund the club through loans. I don't think FFP prohibits loans as such, it's just that loans don't count towards turnover in the percentage of turnover calculation.

It's the wage limit to 60% of turnover that will greatly limit what RD can do. Loans don't count in turnover so what could he spend the loans on? However, a gift (equity) is included in turnover so he could cover extra spending that way. Also, however, he could also use FFP has an excuse to downsize the club still further.

Yes, sorry, having read my post back, I haven't expressed myself very clearly. My concern is that he won't, as it were, inflate turnover through injecting equity, and will reduce expenditure on wages to 60% of actual turnover, whilst funding the redevelopment of the academy/training ground (if he decides to continue with it) and player acquisitions (if he actually spends any money on players) through loans from Starprix.

_MrDick

All of this takeover rumour, I believe it when it's on the OS someone posts the 'it's happening GIF'

CafcWest

_MrDick said:

All of this takeover rumour, I believe it when it's on the OS someone posts the 'it's happening GIF'

You haven't read the whole thread...it's already in there... Somewhere...

Redmidland

Excuse my ignorance what the hell is a 'Gif'??

milo

killerandflash said:

FP?

We've already got a FP running the club.

Ben18

Redmidland said:

Excuse my ignorance what the hell is a 'Gif'??

An animated image

RedChaser

Redmidland said:

Excuse my ignorance what the hell is a 'Gif'??

This is mate;


nounCOMPUTING
a lossless format for image files that supports both animated and static images.
"a GIF image"
a file in GIF format.
plural noun: GIFs

Redmidland

@Ben18 Thanks

DessieValley

Damn you new takeover thread. Checking morning noon and night for "news".

cafcfan

DessieValley said:

Damn you new takeover thread. Checking morning noon and night for "news".

andynelson

LuckyReds said:

Goonerhater said:

Once RD and the puppet have gone then we need to go after Tony the Pony.

I wouldn't want an owner who couldn't see Tony for the incompetent little man he truly is: we've already had an inept ownership once.

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

On the other hand, Elliott wasn't looking too pleased yesterday according to some (such as Richard Cawley) - which potentially suggests that he wasn't quite prepared to go public yet. In Roland's eyes this may be seen as a strength and a sign of trustworthiness.

I was surprised by the timing of Elliott's interest being made public in VOTV. Was this done with Elliott's approval or not?

TelMc32

Airman Brown said:

carly burn said:

Airman Brown said:

I think the key to understanding what has changed is that until recently the board and SMT had never accepted we would go down. To some extent RD may have been misled by the last two seasons into believing it was easier to get out of trouble than it is. Murray has been telling them that although fans would still be unhappy, there would be no protests without a small number of troublemakers stirring it - you can guess the names.

I can see why he might choose to think that, however that's not the real dynamic with CARD as many people involved in the organisation and decision-making would be unknown to him (and me until recently). Anyway, they thought they could contain the situation, results would turn and the problems would go away.

The Elliott interest has been around for at least four months. The point is that the door, which was firmly shut, is now at least ajar, and it is RD who has opened it. Everything else is negotiation. I don't know if Elliott and his associates are credible, but the story did not come from the club.

Has Varney had a call?

Not to my knowledge. Murray will be desperate to prevent that.

He may not have had the call...but the Force is definitely strong in him!! Although I'm not sure Pete can pull off the hairstyle!!

http://youtu.be/u3RK5fG2CvM

Airman Brown

andynelson said:

LuckyReds said:

Goonerhater said:

Once RD and the puppet have gone then we need to go after Tony the Pony.

I wouldn't want an owner who couldn't see Tony for the incompetent little man he truly is: we've already had an inept ownership once.

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

On the other hand, Elliott wasn't looking too pleased yesterday according to some (such as Richard Cawley) - which potentially suggests that he wasn't quite prepared to go public yet. In Roland's eyes this may be seen as a strength and a sign of trustworthiness.

I was surprised by the timing of Elliott's interest being made public in VOTV. Was this done with Elliott's approval or not?

I'm going to 'no comment' that question (as opposed to ignoring it), because I'm not going to be drawn into discussing sources.

LargeAddick

Airman Brown said:

andynelson said:

LuckyReds said:

Goonerhater said:

Once RD and the puppet have gone then we need to go after Tony the Pony.

I wouldn't want an owner who couldn't see Tony for the incompetent little man he truly is: we've already had an inept ownership once.

Davo55 said:

Don't forget the Graham Tutt "approach" that got airtime on here recently. May well be the 3rd possibility. Judging on apparent credibility the odds must be:

1. Varney
2. Elliott
3. Tutt

Where's @PeanutsMolloy to give us the form and odds?

On the other hand, Elliott wasn't looking too pleased yesterday according to some (such as Richard Cawley) - which potentially suggests that he wasn't quite prepared to go public yet. In Roland's eyes this may be seen as a strength and a sign of trustworthiness.

I was surprised by the timing of Elliott's interest being made public in VOTV. Was this done with Elliott's approval or not?

I'm going to 'no comment' that question (as opposed to ignoring it), because I'm not going to be drawn into discussing sauces.

well I will. Gotta be HP on a sausage sarnie and Heinz ketchup on a bacon one.

ricky_otto

Redmidland said:

Excuse my ignorance what the hell is a 'Gif'??

I think it's something to do with MILF