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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • edited August 2018
    I hate to say this, but I think RD would rather just throw the whole thing in Administration next year rather than sell for £20M this year. Surely, you say, he would not do that because it would be an bigger financial loss than selling for £20M. But this logic assumes two things...

    1. That RD is financially smart (he is not, as evidenced by where we are)
    2. That his c***ness has some kind of limit. (it absolutely does not)
  • edited August 2018

    I hate to say this, but I think RD would rather just throw the whole thing in Administration next year rather than sell for £20M this year. Surely, you say, he would not do that because it would be an bigger financial loss than selling for £20M. But this logic assumes two things...

    1. That RD is financially smart (he is not, as evidenced by where we are)
    2. That his c***ness has some kind of limit. (it absolutely does not)

    Correct me if I'm wrong, but administration is for businesses which are unable to pay their suppliers and employees because they've run out of cash. That is clearly not the case with Charlton.
    I am less sure.

    Since CAFC runs a deficit every single month, and is already in debt to the tune of at least £58M, it essentially IS UNABLE TO PAY. It only pays because RD loans it money every month, at interest. But he is under NO legal requirement to do so. Even if he has several hundred million pounds himself, he has no requirement to use it to pay CAFC bills. The way I see it, CAFC only remains a going concern due to a monthly bailout by RD. Take that away, and it's tits up.

    There are plenty of organizations that go bust even if their owners are rich. Is it likely in this case? probably not. But given this is RD we are talking about, I can't say it's zero.
  • Chizz said:

    PeterGage said:

    Chizz said:

    PeterGage said:

    Fumbluff said:

    Dizzle said:

    I’m on honeymoon in Aruba and still check this thread once or twice a day. I think it’s an addiction

    Bahama.
    Ooh I wanna take you to Bermuda.
    Bahama.
    Come on pretty mama.
    The only Beach Boys hit not written by Brian Wilson
    Apart from Why Do Fools Fall In Love (1964), Do You Wanna Dance and Barbara Ann (1965), Sloop John B (1966), Bluebirds Over The Mountain (1968), I Can Hear Music (1969), Cottonfields (1970), Long Promised Road (1971), California Saga: California (1973), Rock and Roll Music (1975), Peggy Sue (1978), Lady Linda (1979), Come Go With Me (1981), Getcha Back and It's getting Late (1985), She Believes In Love Again and California Dreaming (1986), Wipe Out (1987), Still Cruisin' (1989), Problem Child (1989), Hot Fun in the Summertime (1992), I Can Hear Music (1966).

    :wink:
    Thanks @Chizz . I clearly didnt make myself clear, when I said "hit", I meant a number one in the charts.
    OK, I will have another go..!

    Barbara Ann (number one in Norway), Sloop John B (Holland, Norway and Sweden) and Cottonfields (Australia, Norway and Sweden).

    And other sings like The Little Old Lady From Passadena and Don't Let The Sun Go Down On Me, with Elton John (which both hit number 1 in Canada).

    :wink:



    Let me have another go and state that the misunderstanding is due to my less than precise original response.

    I meant to say that all hits which were composed with a Beach Boy input were led by Brian and co-composed by either Mike Love, Peter Asher - Pet Sounds - or Van Dyke - SMiLE.

    Brian had no input into Kokomo, the first number one Beach Boys composed song without Brian's input.

    Incidentally, my Border Collie is named Wilson !
  • I hate to say this, but I think RD would rather just throw the whole thing in Administration next year rather than sell for £20M this year. Surely, you say, he would not do that because it would be an bigger financial loss than selling for £20M. But this logic assumes two things...

    1. That RD is financially smart (he is not, as evidenced by where we are)
    2. That his c***ness has some kind of limit. (it absolutely does not)

    Correct me if I'm wrong, but administration is for businesses which are unable to pay their suppliers and employees because they've run out of cash. That is clearly not the case with Charlton.
    I am less sure.

    Since CAFC runs a deficit every single month, and is already in debt to the tune of at least £58M, it essentially IS UNABLE TO PAY. It only pays because RD loans it money every month, at interest. But he is under NO legal requirement to do so. Even if he has several hundred million pounds himself, he has no requirement to use it to pay CAFC bills. The way I see it, CAFC only remains a going concern due to a monthly bailout by RD. Take that away, and it's tits up.

    There are plenty of organizations that go bust even if their owners are rich. Is it likely in this case? probably not. But given this is RD we are talking about, I can't say it's zero.
    In business terms it would be the daftest thing he could do. If he wants to recoup any of his money it is worth most as a going concern.

  • Meat pies and sausage rolls
    come on Aussies confirm the sale
    Oooo we’ve got a corner...
  • Sponsored links:


  • I was looking forward to Andrew Muir being involved as he seems such a genuine nice person.

    And a proper Charlton fan.
  • I was looking forward to Andrew Muir being involved as he seems such a genuine nice person.

    And a proper Charlton fan.
    Showing his devotion by wearing a scarf.
  • The scarves were only borrowed.
  • JamesSeed said:

    The scarves were only borrowed.

    I heard that they had the money but didn’t want to spend it.

    Well, they agreed at first. Then one didn't wanna bother, then they text some bloke, then they just borrowed em for the game
  • JamesSeed said:

    The scarves were only borrowed.

    I heard that they had the money but didn’t want to spend it.

    I heard that they stalled on negotiating a sale for a bulk purchase.
  • Then they noticed there was a sale on at the Fulham club shop.
  • Sponsored links:


  • edited August 2018
    @PragueAddick too
    Redhenry said:

    Redhenry said:

    last i heard it failed th

    I believe the £40m price tag was mentioned by @Redhenry many months ago. No idea if he is/was itk or whether he made it up. Its taken as gospel now though & like you, I would have thought anything above what he paid (c £18m inc debt) is a pisstake.

    Last Saudi bid I heard was 40.5m which matched the Aussies at the time.
    So can you tell us any more about these Saudis? What is their business? have they shown interest in any other club? Why does a 3rd division club interest them, when they could buy a Championship club for a similar figure? If they really think CAFC is worth such a preposterous amount, why do they allow themselves to be outbid for the sake of half a million?

    I appreciate that you may not know any of the answers and post what you hear in good faith. I just have a bit of trouble with the whole idea that this sale is like a (Dutch) auction of a single tangible entity - such ,as, wait for it - a house. As I was trying to say above, the headline price needs to deal with various tricky financail subplots, and each and any buyer will approach those subplots (former directors, player sales in the summer, sell ons, etc) in their own way. Sorry I just don't buy the idea that somebody was outbid by half a mill and slunk away, never to be heard of again.

    I never said they were outbid. I said last I heard was they matched the Aussie bid at that time which was 40.5m.
    When we talk of bid, are we literally saying write a figure down and submit it to RD before a given deadline? In other words, a bit like a Sky/BT/whoever bid for TV rights, or a Beardy Branson bid for another opportunity to milk the long suffering rail passengers?

    Or is it an auction, of some sort?

    Or could it simply be at the whim and a prayer from Douchebag as to what he accepts?

    It's been stated that RD won't talk to certain parties (that goes back to the RE enquiry when Daisy was here), or that he has a 'preferred bidder'. I just wonder, given that he doesn't care one iota about the club - and clearly never has done - what interest he would have in the club's immediate/mid-term future (apart from the obvious EFL criteria that a new owner must have the cash to sustain the club for 2 years after takeover)?

  • edited August 2018
    They were made aware when the Aussies upped their bid and prepared to match it. As I said previously the last one I heard they matched was 40.5m.
  • JamesSeed said:

    The scarves were only borrowed.

    I heard that they had the money but didn’t want to spend it.

    I heard that they stalled on negotiating a sale for a bulk purchase.
    I didn't have you down as an ITK type. Someone been plying you with ale?

  • edited August 2018
    Sorry, my quote thing is playing up - i.e. me - but the questions are for @JamesSeed


    JamesSeed said:

    Dazzler21 said:

    That’s a strange logic right there not me but you

    the Saudi’s showed their money enough to put in a firm offer they reached his number and got gazzumped by people that apart from buying a scarf and getting cheap cheers like wwe wrestlers have done nothing

    They then walked away as they were at their number

    Not a fake number by fake people

    No. The Saudi's clearly didn't have the money to run the club or they simply weren't actually interested in the club.

    I am fairly certain our latest bid received was not the same amount as the Aussies bid, however it was also accepted.

    If the Saudi's had either the money or the interest, they'd own us by now.
    Why they reached their limit and like in all auctions you know when to stop especially when the Aussies wouldn’t stop and seeing as they are only using Monopoly money why should they
    Shame you can’t wake up and smell the coffee.
    When they buy us I will drink coffee for the first time in years

    But my coffee ban is well and truly safe
    nla....you seem to be enjoying yourself making us all the more depressed.
    How much longer are you planning to go on finding countless ways of telling us exactly the same thing over and over again?
    I don't think NLA enjoys it at all, I think he's just doing the same as others itk, by relaying what he's been told. The only problem is, people only seem to like good news (whether they know it to be wholly accurate or not) and what NLA is relaying, isn't necessarily what the majority of fans want to hear. The majority want to hear things like "It's gonna be a tough 2 weeks, but it'll be worth it in the end".

    It seems to me that if you so much as question the Aussies in anyway, you get laughed at or jumped on.
    My money is on NLA.
    I don't know NLA personally, or James Seed or Airman or Doucher or Red Henry or Colin or anyone ITK. I just read the posts and NLA has stuck to his guns even when his posts have been pilloried. He has also been the most accurate, and this version of events ties in with what is transpiring at CAFC. So it'll do for me.
    How can it be accurate? He said consistently the Aussie’s don’t have the funds but now we have two sources claiming the Aussies have passed the fit and proper EFL test. That means they do have the funds. Last night he changed his tune to ‘don’t have the funds or not willing to pay the price’.Remember his source is coming from the Roland camp. Would you trust Roland? All this Aussie bashing is mighty suspicious.
    RD has the money to pass the fit and proper test also

    You need to re read the posts go back to October when I first said


    The Aussies don’t have the funds (they never then )

    From December I said they don’t have the funds and are trying to get more

    Me saying that they may not be willing to spend it is because the fee they agreed remember the agreed part it’s very important

    They have not followed through on

    I said there two reasons

    They don’t have it

    They don’t want to spend it

    What other reasons are there if the the Club The Aussies the EFL all belive that it’s in place

    It’s not directors loans that part hasn’t been addressed and is not being addressed

    It’s because the Aussie bid has stalled they are unwilling to pay the amount they agreed

    Was this a deliberate negotiation tactic or is it they thought they could raise the money and they can’t

    The EFL can check the accounts that the consortium members have and that will show they have the required funds but that don’t mean they will use it or are willing to use it

    JamesSeed said:

    Reading all the posters that are questioning whether they want the Aussies now because they’re being, or have always been, devious:

    I 100% believe that they did NOT set out to bid high, with the intention of later on reducing their bid. I’d be shocked if that was the case.

    I’m quite sure GM expected the purchase to be done and dusted the week after our meeting. He wouldn’t have be so sure if he was planning to low ball Roland.

    Whether they screwed up after that I don’t know. Whether new consortium members were needed I don’t know.
    I don’t know when, or even if, they decided his price was too high.

    But they didn’t walk. Not yet anyway.

    This is a question I asked elsewhere on this thread, but, in your (humble or otherwise!) opinion (or knowledge), was it a closed bid with a deadline (ala TV rights/train franchise), or an on-going 'war'... i.e. Aussies offer, say, 30M; Saudies 32M; Aussies come back with £34M etc etc etc... Roland playing one off against the other?

    Was there any hint at all (and I appreciate you might be out of the loop here) of RD questionning where the money came from? By that I mean that, if I sell my car for 5k, I don't care where the money comes from; if it's a husband/wife chipping in with the help of the mother-in-law or whatever, or some bloke who's got 5k lying around. I don't care what happens to the car after it's sold either. In other words, was the Aussie 'bid' sound?

    I think a lot of people are looking for clues here as to why the Aussies (or, indeed, the Saudies; or anyone for that matter), would want to punt £40.5M on CAFC.

    Muir has pedigree as an entrepreneur, and the last thing I'd expect him to be is a fool or to throw money down the drain, nor to expect other people (i.e. other investors) to. Clearly he's not prepared to stump up the cash himself to be 51% shareholder. If he's not prepared to take that risk, it's not a very good advertisment for the other investers he's trying to attract.

    I can only conclude that there's something seriously wrong with the Aussie bid: indeed any bid that values the club at £40M+.

  • Sorry, my quote thing is playing up - i.e. me - but the questions are for @JamesSeed


    JamesSeed said:

    Dazzler21 said:

    That’s a strange logic right there not me but you

    the Saudi’s showed their money enough to put in a firm offer they reached his number and got gazzumped by people that apart from buying a scarf and getting cheap cheers like wwe wrestlers have done nothing

    They then walked away as they were at their number

    Not a fake number by fake people

    No. The Saudi's clearly didn't have the money to run the club or they simply weren't actually interested in the club.

    I am fairly certain our latest bid received was not the same amount as the Aussies bid, however it was also accepted.

    If the Saudi's had either the money or the interest, they'd own us by now.
    Why they reached their limit and like in all auctions you know when to stop especially when the Aussies wouldn’t stop and seeing as they are only using Monopoly money why should they
    Shame you can’t wake up and smell the coffee.
    When they buy us I will drink coffee for the first time in years

    But my coffee ban is well and truly safe
    nla....you seem to be enjoying yourself making us all the more depressed.
    How much longer are you planning to go on finding countless ways of telling us exactly the same thing over and over again?
    I don't think NLA enjoys it at all, I think he's just doing the same as others itk, by relaying what he's been told. The only problem is, people only seem to like good news (whether they know it to be wholly accurate or not) and what NLA is relaying, isn't necessarily what the majority of fans want to hear. The majority want to hear things like "It's gonna be a tough 2 weeks, but it'll be worth it in the end".

    It seems to me that if you so much as question the Aussies in anyway, you get laughed at or jumped on.
    My money is on NLA.
    I don't know NLA personally, or James Seed or Airman or Doucher or Red Henry or Colin or anyone ITK. I just read the posts and NLA has stuck to his guns even when his posts have been pilloried. He has also been the most accurate, and this version of events ties in with what is transpiring at CAFC. So it'll do for me.
    How can it be accurate? He said consistently the Aussie’s don’t have the funds but now we have two sources claiming the Aussies have passed the fit and proper EFL test. That means they do have the funds. Last night he changed his tune to ‘don’t have the funds or not willing to pay the price’.Remember his source is coming from the Roland camp. Would you trust Roland? All this Aussie bashing is mighty suspicious.
    RD has the money to pass the fit and proper test also

    You need to re read the posts go back to October when I first said


    The Aussies don’t have the funds (they never then )

    From December I said they don’t have the funds and are trying to get more

    Me saying that they may not be willing to spend it is because the fee they agreed remember the agreed part it’s very important

    They have not followed through on

    I said there two reasons

    They don’t have it

    They don’t want to spend it

    What other reasons are there if the the Club The Aussies the EFL all belive that it’s in place

    It’s not directors loans that part hasn’t been addressed and is not being addressed

    It’s because the Aussie bid has stalled they are unwilling to pay the amount they agreed

    Was this a deliberate negotiation tactic or is it they thought they could raise the money and they can’t

    The EFL can check the accounts that the consortium members have and that will show they have the required funds but that don’t mean they will use it or are willing to use it

    JamesSeed said:

    Reading all the posters that are questioning whether they want the Aussies now because they’re being, or have always been, devious:

    I 100% believe that they did NOT set out to bid high, with the intention of later on reducing their bid. I’d be shocked if that was the case.

    I’m quite sure GM expected the purchase to be done and dusted the week after our meeting. He wouldn’t have be so sure if he was planning to low ball Roland.

    Whether they screwed up after that I don’t know. Whether new consortium members were needed I don’t know.
    I don’t know when, or even if, they decided his price was too high.

    But they didn’t walk. Not yet anyway.

    This is a question I asked elsewhere on this thread, but, in your (humble or otherwise!) opinion (or knowledge), was it a closed bid with a deadline (ala TV rights/train franchise), or an on-going 'war'... i.e. Aussies offer, say, 30M; Saudies 32M; Aussies come back with £34M etc etc etc... Roland playing one off against the other?

    Was there any hint at all (and I appreciate you might be out of the loop here) of RD questionning where the money came from? By that I mean that, if I sell my car for 5k, I don't care where the money comes from; if it's a husband/wife chipping in with the help of the mother-in-law or whatever, or some bloke who's got 5k lying around. I don't care what happens to the car after it's sold either. In other words, was the Aussie 'bid' sound?

    I think a lot of people are looking for clues here as to why the Aussies (or, indeed, the Saudies; or anyone for that matter), would want to punt £40.5M on CAFC.

    Muir has pedigree as an entrepreneur, and the last thing I'd expect him to be is a fool or to throw money down the drain, nor to expect other people (i.e. other investors) to. Clearly he's not prepared to stump up the cash himself to be 51% shareholder. If he's not prepared to take that risk, it's not a very good advertisment for the other investers he's trying to attract.

    I can only conclude that there's something seriously wrong with the Aussie bid: indeed any bid that values the club at £40M+.

    That analogy more like Bargain Hunt
  • JamesSeed said:

    The scarves were only borrowed.

    I heard that they had the money but didn’t want to spend it.

    I heard that they stalled on negotiating a sale for a bulk purchase.
    I didn't have you down as an ITK type. Someone been plying you with ale?

    Chance would be a fine thing.
  • Sorry, my quote thing is playing up - i.e. me - but the questions are for @JamesSeed


    JamesSeed said:

    Dazzler21 said:

    That’s a strange logic right there not me but you

    the Saudi’s showed their money enough to put in a firm offer they reached his number and got gazzumped by people that apart from buying a scarf and getting cheap cheers like wwe wrestlers have done nothing

    They then walked away as they were at their number

    Not a fake number by fake people

    No. The Saudi's clearly didn't have the money to run the club or they simply weren't actually interested in the club.

    I am fairly certain our latest bid received was not the same amount as the Aussies bid, however it was also accepted.

    If the Saudi's had either the money or the interest, they'd own us by now.
    Why they reached their limit and like in all auctions you know when to stop especially when the Aussies wouldn’t stop and seeing as they are only using Monopoly money why should they
    Shame you can’t wake up and smell the coffee.
    When they buy us I will drink coffee for the first time in years

    But my coffee ban is well and truly safe
    nla....you seem to be enjoying yourself making us all the more depressed.
    How much longer are you planning to go on finding countless ways of telling us exactly the same thing over and over again?
    I don't think NLA enjoys it at all, I think he's just doing the same as others itk, by relaying what he's been told. The only problem is, people only seem to like good news (whether they know it to be wholly accurate or not) and what NLA is relaying, isn't necessarily what the majority of fans want to hear. The majority want to hear things like "It's gonna be a tough 2 weeks, but it'll be worth it in the end".

    It seems to me that if you so much as question the Aussies in anyway, you get laughed at or jumped on.
    My money is on NLA.
    I don't know NLA personally, or James Seed or Airman or Doucher or Red Henry or Colin or anyone ITK. I just read the posts and NLA has stuck to his guns even when his posts have been pilloried. He has also been the most accurate, and this version of events ties in with what is transpiring at CAFC. So it'll do for me.
    How can it be accurate? He said consistently the Aussie’s don’t have the funds but now we have two sources claiming the Aussies have passed the fit and proper EFL test. That means they do have the funds. Last night he changed his tune to ‘don’t have the funds or not willing to pay the price’.Remember his source is coming from the Roland camp. Would you trust Roland? All this Aussie bashing is mighty suspicious.
    RD has the money to pass the fit and proper test also

    You need to re read the posts go back to October when I first said


    The Aussies don’t have the funds (they never then )

    From December I said they don’t have the funds and are trying to get more

    Me saying that they may not be willing to spend it is because the fee they agreed remember the agreed part it’s very important

    They have not followed through on

    I said there two reasons

    They don’t have it

    They don’t want to spend it

    What other reasons are there if the the Club The Aussies the EFL all belive that it’s in place

    It’s not directors loans that part hasn’t been addressed and is not being addressed

    It’s because the Aussie bid has stalled they are unwilling to pay the amount they agreed

    Was this a deliberate negotiation tactic or is it they thought they could raise the money and they can’t

    The EFL can check the accounts that the consortium members have and that will show they have the required funds but that don’t mean they will use it or are willing to use it

    JamesSeed said:

    Reading all the posters that are questioning whether they want the Aussies now because they’re being, or have always been, devious:

    I 100% believe that they did NOT set out to bid high, with the intention of later on reducing their bid. I’d be shocked if that was the case.

    I’m quite sure GM expected the purchase to be done and dusted the week after our meeting. He wouldn’t have be so sure if he was planning to low ball Roland.

    Whether they screwed up after that I don’t know. Whether new consortium members were needed I don’t know.
    I don’t know when, or even if, they decided his price was too high.

    But they didn’t walk. Not yet anyway.

    This is a question I asked elsewhere on this thread, but, in your (humble or otherwise!) opinion (or knowledge), was it a closed bid with a deadline (ala TV rights/train franchise), or an on-going 'war'... i.e. Aussies offer, say, 30M; Saudies 32M; Aussies come back with £34M etc etc etc... Roland playing one off against the other?

    Was there any hint at all (and I appreciate you might be out of the loop here) of RD questionning where the money came from? By that I mean that, if I sell my car for 5k, I don't care where the money comes from; if it's a husband/wife chipping in with the help of the mother-in-law or whatever, or some bloke who's got 5k lying around. I don't care what happens to the car after it's sold either. In other words, was the Aussie 'bid' sound?

    I think a lot of people are looking for clues here as to why the Aussies (or, indeed, the Saudies; or anyone for that matter), would want to punt £40.5M on CAFC.

    Muir has pedigree as an entrepreneur, and the last thing I'd expect him to be is a fool or to throw money down the drain, nor to expect other people (i.e. other investors) to. Clearly he's not prepared to stump up the cash himself to be 51% shareholder. If he's not prepared to take that risk, it's not a very good advertisment for the other investers he's trying to attract.

    I can only conclude that there's something seriously wrong with the Aussie bid: indeed any bid that values the club at £40M+.

    That analogy more like Bargain Hunt
    Is that rhyming slang?
  • Sorry, my quote thing is playing up - i.e. me - but the questions are for @JamesSeed


    JamesSeed said:

    Dazzler21 said:

    That’s a strange logic right there not me but you

    the Saudi’s showed their money enough to put in a firm offer they reached his number and got gazzumped by people that apart from buying a scarf and getting cheap cheers like wwe wrestlers have done nothing

    They then walked away as they were at their number

    Not a fake number by fake people

    No. The Saudi's clearly didn't have the money to run the club or they simply weren't actually interested in the club.

    I am fairly certain our latest bid received was not the same amount as the Aussies bid, however it was also accepted.

    If the Saudi's had either the money or the interest, they'd own us by now.
    Why they reached their limit and like in all auctions you know when to stop especially when the Aussies wouldn’t stop and seeing as they are only using Monopoly money why should they
    Shame you can’t wake up and smell the coffee.
    When they buy us I will drink coffee for the first time in years

    But my coffee ban is well and truly safe
    nla....you seem to be enjoying yourself making us all the more depressed.
    How much longer are you planning to go on finding countless ways of telling us exactly the same thing over and over again?
    I don't think NLA enjoys it at all, I think he's just doing the same as others itk, by relaying what he's been told. The only problem is, people only seem to like good news (whether they know it to be wholly accurate or not) and what NLA is relaying, isn't necessarily what the majority of fans want to hear. The majority want to hear things like "It's gonna be a tough 2 weeks, but it'll be worth it in the end".

    It seems to me that if you so much as question the Aussies in anyway, you get laughed at or jumped on.
    My money is on NLA.
    I don't know NLA personally, or James Seed or Airman or Doucher or Red Henry or Colin or anyone ITK. I just read the posts and NLA has stuck to his guns even when his posts have been pilloried. He has also been the most accurate, and this version of events ties in with what is transpiring at CAFC. So it'll do for me.
    How can it be accurate? He said consistently the Aussie’s don’t have the funds but now we have two sources claiming the Aussies have passed the fit and proper EFL test. That means they do have the funds. Last night he changed his tune to ‘don’t have the funds or not willing to pay the price’.Remember his source is coming from the Roland camp. Would you trust Roland? All this Aussie bashing is mighty suspicious.
    RD has the money to pass the fit and proper test also

    You need to re read the posts go back to October when I first said


    The Aussies don’t have the funds (they never then )

    From December I said they don’t have the funds and are trying to get more

    Me saying that they may not be willing to spend it is because the fee they agreed remember the agreed part it’s very important

    They have not followed through on

    I said there two reasons

    They don’t have it

    They don’t want to spend it

    What other reasons are there if the the Club The Aussies the EFL all belive that it’s in place

    It’s not directors loans that part hasn’t been addressed and is not being addressed

    It’s because the Aussie bid has stalled they are unwilling to pay the amount they agreed

    Was this a deliberate negotiation tactic or is it they thought they could raise the money and they can’t

    The EFL can check the accounts that the consortium members have and that will show they have the required funds but that don’t mean they will use it or are willing to use it

    JamesSeed said:

    Reading all the posters that are questioning whether they want the Aussies now because they’re being, or have always been, devious:

    I 100% believe that they did NOT set out to bid high, with the intention of later on reducing their bid. I’d be shocked if that was the case.

    I’m quite sure GM expected the purchase to be done and dusted the week after our meeting. He wouldn’t have be so sure if he was planning to low ball Roland.

    Whether they screwed up after that I don’t know. Whether new consortium members were needed I don’t know.
    I don’t know when, or even if, they decided his price was too high.

    But they didn’t walk. Not yet anyway.

    This is a question I asked elsewhere on this thread, but, in your (humble or otherwise!) opinion (or knowledge), was it a closed bid with a deadline (ala TV rights/train franchise), or an on-going 'war'... i.e. Aussies offer, say, 30M; Saudies 32M; Aussies come back with £34M etc etc etc... Roland playing one off against the other?

    Was there any hint at all (and I appreciate you might be out of the loop here) of RD questionning where the money came from? By that I mean that, if I sell my car for 5k, I don't care where the money comes from; if it's a husband/wife chipping in with the help of the mother-in-law or whatever, or some bloke who's got 5k lying around. I don't care what happens to the car after it's sold either. In other words, was the Aussie 'bid' sound?

    I think a lot of people are looking for clues here as to why the Aussies (or, indeed, the Saudies; or anyone for that matter), would want to punt £40.5M on CAFC.

    Muir has pedigree as an entrepreneur, and the last thing I'd expect him to be is a fool or to throw money down the drain, nor to expect other people (i.e. other investors) to. Clearly he's not prepared to stump up the cash himself to be 51% shareholder. If he's not prepared to take that risk, it's not a very good advertisment for the other investers he's trying to attract.

    I can only conclude that there's something seriously wrong with the Aussie bid: indeed any bid that values the club at £40M+.

    That analogy more like Bargain Hunt
    Is that rhyming slang?
  • Is there another parrot in here
  • Is there another parrot in here
This discussion has been closed.

Roland Out Forever!