If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?
I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.
It’s disappoinring nonetheless.
Did the two 'fairly major investors' have connections with PL Clubs..? If so the likelihood of them getting on board was going to be slim from the off.
Hope we weren't being set-up as a Feeder Club for two PL Clubs...
One did, although I've heard the links were supposed to be severed.
If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?
I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.
It’s disappoinring nonetheless.
Also very confusing, if the deal was genuinely expected to go through as far back as February.
Not sure the Aussies said it was as far as I know.
No, that was Murray. Assuming that he wasn't telling an outright whopper, he must have had good reason to believe it.
If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?
I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.
It’s disappoinring nonetheless.
Also very confusing, if the deal was genuinely expected to go through as far back as February.
Not sure the Aussies said it was as far as I know.
No, that was Murray. Assuming that he wasn't telling an outright whopper, he must have had good reason to believe it.
So if the Aussies miss the deadline, then what does Duchatelet do?
He still wants to sell and so far they are the only known buyers.
Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.
Just can't see RD shutting the door on the Aussies 100%
This is the big question.
For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.
That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.
In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
How can only some of the directors get paid off who would agree to that
All the ex directors should be paid off in full or not at all ,
The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener
Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
We would have gone into admin without RD as well, should he also therefore be paid back in full?
Of course he should , the hatred for what he has done is correct and right and wishing he lost all his money is fine
But in reality he should get his money back because ultimately it did serve its purpose
Disagree entirely. He made his bed. He was only in this for one thing. To make money. Ignore the bullshit you may have heard about him seeing we were struggling and coming to our rescue. He should never have got involved in the first place. When I look at the long term damage this s**t stain has caused I don't think Admin would have been anywhere near as damaging.
When you treat something as a business, be prepared to get your fingers burned.
Totally agree CB..Many Clubs have prospered big time after Admin, yet it still gets pulled up as the big no no.??
As for RD getting his money back...if someone is willing to pay for his mistakes he will get it back.
Poor decisions, poor spending, or plain stupidity should be paid by those responsible..?
So if the Aussies miss the deadline, then what does Duchatelet do?
He still wants to sell and so far they are the only known buyers.
Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.
Just can't see RD shutting the door on the Aussies 100%
This is the big question.
For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.
That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.
In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
How can only some of the directors get paid off who would agree to that
All the ex directors should be paid off in full or not at all ,
The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener
Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
We would have gone into admin without RD as well, should he also therefore be paid back in full?
Of course he should , the hatred for what he has done is correct and right and wishing he lost all his money is fine
But in reality he should get his money back because ultimately it did serve its purpose
When it’s not our own money it’s very easy to judge how it should be spent or redistributed back to the one who actually spent it
The value of something is what someone would pay for it and the value was £40.5 mil that’s the figure that the saudis were prepared to pay and was the figure the Aussies upped to ko them from the process
Who would walk away from that I don’t think we will get relegated I don’t think we will go up I think someone will pay that and ownership will change when that will happen only god knows and I honestly think only we care no one else in the wider world of football
Come on NLA you know better than that. Don't you run your own businesses?
Just because you put money in doesn't mean you will get money out whether through profit or a sell on price, nor does it mean you deserve to.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
Deserve to get his money back? Think I've heard it all now. He has trebled the debt whilst at the same time turning the Club into a complete shambles. He's very lucky he's getting 40m back. He should be selling for the 20m he paid and writing off the 40m he's lost through bad decision making and awful management. If he'd added 40m of debt but we were now in the PL then fair enough but he has done the complete opposite but still deserves his money back? Like fuck he does.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
For someone who's never wrong and doesn't do failure he'll be hurting though Stu and totally p*ssed off from 1.5% of his business interests giving him so much grief which I can take plenty of comfort from.
He wants out and has to bite the bullet at some point.
So if the Aussies miss the deadline, then what does Duchatelet do?
He still wants to sell and so far they are the only known buyers.
Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.
Just can't see RD shutting the door on the Aussies 100%
This is the big question.
For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.
That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.
In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
How can only some of the directors get paid off who would agree to that
All the ex directors should be paid off in full or not at all ,
The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener
Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
The point I was making is that the ex-directors don't need to be paid off as a group as they are listed individually and therefore can be approached for repayment individually. I agree they should all get every penny back but my point wasn't to do with how much they get paid back it was that RD might only need to approach the ones who would refuse to lease The Valley.
That is correct he can do 7 negotiations if he wants and each deal can be different. Why did 4 agree to a deal, that is the question? maybe they were happy with the offer they were made or maybe they did a deal to stay involved with one or both of the potential buyers, only they know. As to Roland getting his money back, he has unsecured loans unlike the Ex Directors , that was his choice when he bought the Club. So by now he hopefully understands that they rank ahead of him in any repayment if buyers want those charges removed. Whats left after the charges have been repaid (House Sale comparison again) is all his, but for now he is a subordinated investor and always has been. NLA point too about club being in Admin without the Ex Directors Loans is true also and they did that without interest payments to allow Murray to find Investment rather than Administration. We are now 8 years later and two Owners later who have both failed in providing success, no wonder they want their money back.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
For someone who's never wrong and doesn't do failure he'll be hurting though Stu and totally p*ssed off from 1.5% of his business interests giving him so much grief which I can take plenty of comfort from.
He wants out and has to bite the bullet at some point.
I bet he's not hurting as much as I am, or 95% of this forums membership.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
Well they weren’t going to pull out yesterday or twelve months ago, so with a bit of luck they’ll get there any day now.
And they won’t separate the club and the ground. That’s propaganda.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
Well they weren’t going to pull out yesterday or twelve months ago, so with a bit of luck they’ll get there any day now.
And they won’t separate the club and the ground. That’s propaganda.
I hope you're right but the rumour has been around for too long for it to be meaningless, imo.
Everything we hear is propoganda from all sides, some of it must be true.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
For someone who's never wrong and doesn't do failure he'll be hurting though Stu and totally p*ssed off from 1.5% of his business interests giving him so much grief which I can take plenty of comfort from.
He wants out and has to bite the bullet at some point.
I bet he's not hurting as much as I am, or 95% of this forums membership.
Maybe it's my 60 years of support that has hardened me as part of the remaining 5% then. As I said the other day he can't take away all my treasured memories down those years and I won't let it get me down.
No real squad. No footballing management. No senior management. Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
For someone who's never wrong and doesn't do failure he'll be hurting though Stu and totally p*ssed off from 1.5% of his business interests giving him so much grief which I can take plenty of comfort from.
He wants out and has to bite the bullet at some point.
I bet he's not hurting as much as I am, or 95% of this forums membership.
Maybe it's my 60 years of support that has hardened me as part of the remaining 5% then. As I said the other day he can't take away all my treasured memories down those years and I won't let it get me down.
I was thinking more of The Palace and Millwank we let on here
RD is a thoroughly nasty piece of work who is driven by spite. This is nothing to do with money and all to do with his pathetic ego.
For a man of his considerable wealth and power to be so concerned about what is a drop in the ocean for him says it all.
I used to think something similar but really, it's all about money. There's a reason he only loaned Charlton the money. He's entitled to be repaid and he aims to be.
I'll grant you, he is not a pleasant character but I don't think he really cares about us poor peasants enough to be spiteful about it. He'll do whatever it takes to get maximum return on his exit from Charlton and what we think about it is irrelevant, he wants his money. We're just one of the aggravating aspects he's discovered that go with running a football club.
Not having a go at anyone here but Im not sure it’s fair to keep saying the Aussie bid may have failed, just hours after GM has said it hasn’t. What’s the source of that info? He’s said they’re still in it a few hours ago.
I’m also not sure we should be using the Saudi bid as a yardstick, because we don’t know it’s 100% correct, as again we don’t know the source of the info. The £40.5m may be totally wrong for all we know.
In fact I would treat any info with extreme caution unless we know the source. There’s lots of unverified stuff flying around from all over the shop, and it’s doing everyone’s heads in. My critics will say I’m being used, but GM isn’t putting out figures or any info at all, other than they haven’t pulled out. It’s the third or fourth time he’s told me that, and they do still appear to be in the game.
If they’ve walked they’ve walked, and pretending they haven’t would be silly.
Any info that other bidders are waiting in the wings holding huge bundles of cash I’d treat with caution. RD is desperate to sell on his own terms, so it’s probable that everything he does is designed to get the Aussies to meet those terms, and it would be in his interests to put as much pressure on them as he can. He can afford to take a hit, but he won’t want to, in order not to lose face. I genuinely think he sees Charlton fans as the enemy to be defeated.
If there is a Brit consortium waiting in the wings (fronted by Murray possibly) hoping to get a bargain if the Aussies deal collapses, then again it would be in their best interests to undermine the Aussies’ bid. So both the leader of the Brit consortium and Duchâtelet have motives for making the Aussies look bad i.e. no money, Aussie nursery, buying the club, leaving Roland with the property titles, Rolf Harris etc etc. So any rumours involving those things I’d say treat with extreme caution. Except for Harris.
By all accounts players are being recruited in the background, possibly financed by the sale of Konsa, the boys are off to Portugal possibly financed by a sold player, so perhaps it isn’t all doom and gloom.
The message from GM yesterday was ‘Don’t believevthe rumours.’ I’m sticking with that. If they pull out we’ll know soon enough.
Of course the delays could be engineered to get the Pediction Thread up to 25 glorious pages ;-)
What Duchatelet wants with regards to the money hes “lent” CAFC and exactly what someone is prepared to give him to take the football club off his hands are two different things. At some point realisation that the club isnt worth the debt it owes him will dawn. Until that point the debt and his eventual losses will continue to grow. He’s certainly bonkers but hes no fool.
Not having a go at anyone here but Im not sure it’s fair to keep saying the Aussie bid may have failed, just hours after GM has said it hasn’t. What’s the source of that info? He’s said they’re still in it a few hours ago.
I’m also not sure we should be using the Saudi bid as a yardstick, because we don’t know it’s 100% correct, as again we don’t know the source of the info. The £40 may be totally wrong for all we know.
In fact I would treat any info with extreme caution unless we know the source. There’s lots of unverified stuff flying around from all over the shop, and it’s doing everyone’s heads in. My critics will say I’m being used, but GM isn’t putting out figures or any info at all, other than they haven’t pulled out. It’s the third or fourth time he’s told me that, and they do still appear to be in the game.
If they’ve walked they’ve walked, and pretending they haven’t would be silly.
Any info that other bidders are waiting in the wings holding huge bundles of cash I’d treat with caution. RD is desperate to sell on his own terms, so it’s probable that everything he does is designed to get the Aussies to meet those terms, and it would be in his interests to put as much pressure on them as he can. He can afford to take a hit, but he won’t want to, in order not to lose face. I genuinely think he sees Charlton fans as the enemy to be defeated.
If there is a Brit consortium waiting in the wings (fronted by Murray possibly) hoping to get a bargain if the Aussies deal collapses, then again it would be in their best interests to undermine the Aussies’ bid. So both the leader of the Brit consortium and Duchâtelet have motives for making the Aussies look bad i.e. no money, Aussie nursery, buying the club, leaving Roland with the property titles, Rolf Harris etc etc. So any rumours involving those things I’d say treat with extreme caution. Except for Harris.
By all accounts players are being recruited in the background, possibly financed by the sale of Konsa, the boys are off to Portugal possibly financed by a sold player, so perhaps it isn’t all doom and gloom.
The message from GM yesterday was ‘Don’t believevthe rumours.’ I’m sticking with that. If they pull out we’ll know soon enough.
Of course the delays could be engineered to get the Pediction Thread up to 25 glorious pages ;-)
Knew i should have offered £50...could have got this sorted by now!
Not having a go at anyone here but Im not sure it’s fair to keep saying the Aussie bid may have failed, just hours after GM has said it hasn’t. What’s the source of that info? He’s said they’re still in it a few hours ago.
I’m also not sure we should be using the Saudi bid as a yardstick, because we don’t know it’s 100% correct, as again we don’t know the source of the info. The £40 may be totally wrong for all we know.
In fact I would treat any info with extreme caution unless we know the source. There’s lots of unverified stuff flying around from all over the shop, and it’s doing everyone’s heads in. My critics will say I’m being used, but GM isn’t putting out figures or any info at all, other than they haven’t pulled out. It’s the third or fourth time he’s told me that, and they do still appear to be in the game.
If they’ve walked they’ve walked, and pretending they haven’t would be silly.
Any info that other bidders are waiting in the wings holding huge bundles of cash I’d treat with caution. RD is desperate to sell on his own terms, so it’s probable that everything he does is designed to get the Aussies to meet those terms, and it would be in his interests to put as much pressure on them as he can. He can afford to take a hit, but he won’t want to, in order not to lose face. I genuinely think he sees Charlton fans as the enemy to be defeated.
If there is a Brit consortium waiting in the wings (fronted by Murray possibly) hoping to get a bargain if the Aussies deal collapses, then again it would be in their best interests to undermine the Aussies’ bid. So both the leader of the Brit consortium and Duchâtelet have motives for making the Aussies look bad i.e. no money, Aussie nursery, buying the club, leaving Roland with the property titles, Rolf Harris etc etc. So any rumours involving those things I’d say treat with extreme caution. Except for Harris.
By all accounts players are being recruited in the background, possibly financed by the sale of Konsa, the boys are off to Portugal possibly financed by a sold player, so perhaps it isn’t all doom and gloom.
The message from GM yesterday was ‘Don’t believevthe rumours.’ I’m sticking with that. If they pull out we’ll know soon enough.
Of course the delays could be engineered to get the Pediction Thread up to 25 glorious pages ;-)
Comments
Feeder club? No!
As for RD getting his money back...if someone is willing to pay for his mistakes he will get it back.
Poor decisions, poor spending, or plain stupidity should be paid by those responsible..?
Just because you put money in doesn't mean you will get money out whether through profit or a sell on price, nor does it mean you deserve to.
No footballing management.
No senior management.
Training ground is a building site.
Who in their right mind would buy us in our current situation.
I can't help but feel The aussies are gonna pull out and we're gonna be proper fucked.
Or they'll seperate club and ground and we'll be on the road to AFC Charlton, what Roland has done to us is unforgivable.
We really need one of the previous groups to come back in, although I fear time has run out for next season and one why or another, RD will have some form of control over us next season.
He wants out and has to bite the bullet at some point.
As to Roland getting his money back, he has unsecured loans unlike the Ex Directors , that was his choice when he bought the Club. So by now he hopefully understands that they rank ahead of him in any repayment if buyers want those charges removed.
Whats left after the charges have been repaid (House Sale comparison again) is all his, but for now he is a subordinated investor and always has been.
NLA point too about club being in Admin without the Ex Directors Loans is true also and they did that without interest payments to allow Murray to find Investment rather than Administration.
We are now 8 years later and two Owners later who have both failed in providing success, no wonder they want their money back.
And they won’t separate the club and the ground. That’s propaganda.
Everything we hear is propoganda from all sides, some of it must be true.
For a man of his considerable wealth and power to be so concerned about what is a drop in the ocean for him says it all.
I'll grant you, he is not a pleasant character but I don't think he really cares about us poor peasants enough to be spiteful about it. He'll do whatever it takes to get maximum return on his exit from Charlton and what we think about it is irrelevant, he wants his money. We're just one of the aggravating aspects he's discovered that go with running a football club.
#neverforget
I’m also not sure we should be using the Saudi bid as a yardstick, because we don’t know it’s 100% correct, as again we don’t know the source of the info. The £40.5m may be totally wrong for all we know.
In fact I would treat any info with extreme caution unless we know the source. There’s lots of unverified stuff flying around from all over the shop, and it’s doing everyone’s heads in. My critics will say I’m being used, but GM isn’t putting out figures or any info at all, other than they haven’t pulled out. It’s the third or fourth time he’s told me that, and they do still appear to be in the game.
If they’ve walked they’ve walked, and pretending they haven’t would be silly.
Any info that other bidders are waiting in the wings holding huge bundles of cash I’d treat with caution. RD is desperate to sell on his own terms, so it’s probable that everything he does is designed to get the Aussies to meet those terms, and it would be in his interests to put as much pressure on them as he can. He can afford to take a hit, but he won’t want to, in order not to lose face. I genuinely think he sees Charlton fans as the enemy to be defeated.
If there is a Brit consortium waiting in the wings (fronted by Murray possibly) hoping to get a bargain if the Aussies deal collapses, then again it would be in their best interests to undermine the Aussies’ bid. So both the leader of the Brit consortium and Duchâtelet have motives for making the Aussies look bad i.e. no money, Aussie nursery, buying the club, leaving Roland with the property titles, Rolf Harris etc etc. So any rumours involving those things I’d say treat with extreme caution. Except for Harris.
By all accounts players are being recruited in the background, possibly financed by the sale of Konsa, the boys are off to Portugal possibly financed by a sold player, so perhaps it isn’t all doom and gloom.
The message from GM yesterday was ‘Don’t believevthe rumours.’ I’m sticking with that. If they pull out we’ll know soon enough.
Of course the delays could be engineered to get the Pediction Thread up to 25 glorious pages ;-)
Knew i should have offered £50...could have got this sorted by now!
Any investors interested?