£10m difference between RD and the Aussies .... that couldn't possibly be £7m former directors and £3m EK15, could it?
Excellent article in the Mail. Some thoughtful, accurate and in-depth reporting in the past few days. Not bad for a stale old story out of Sarf London. Hopefully the Sint-Truiden mission will deservedly garner similar interest in Belgium.
He would rather see the club die, than take 40mil, or anything under "his" price... and unfortunately 20 mil or 40 mil doesn't mean anything to him, which is even more absurd, he KNOWS we will be literally rejoicing in the streets when he leaves, and this is the ONE thing he doesn't want to happen, so if he can dismantle the club to the point where it is such a wreck it's unsalvageable then he will twist the knife as much as he can.
He doesn't want us to rise phoenix like out of the ashes, that would further demonstrate his incompetence. When someone genuinely doesn't care it is very hard to instigate action, as their is no emotion to play on.
So, he will keep having chats and meeting interested parties, and pricing CAFC out of the proceedings again and again and soon, if not this year then next, we will get relegated in front of 5k crowds like the 70s and then he'll probably sell the club for 5 mill, thinking he has had the last laugh...
And then we might start going forward again, and we may also get a Cacther in the Rye moment when some Charlton fan can't handle what's gone on and the bloke will regret ever setting for in SE7.
He would rather see the club die, than take 40mil, or anything under "his" price... and unfortunately 20 mil or 40 mil doesn't mean anything to him, which is even more absurd, he KNOWS we will be literally rejoicing in the streets when he leaves, and this is the ONE thing he doesn't want to happen, so if he can dismantle the club to the point where it is such a wreck it's unsalvageable then he will twist the knife as much as he can.
He doesn't want us to rise phoenix like out of the ashes, that would further demonstrate his incompetence. When someone genuinely doesn't care it is very hard to instigate action, as their is no emotion to play on.
So, he will keep having chats and meeting interested parties, and pricing CAFC out of the proceedings again and again and soon, if not this year then next, we will get relegated in front of 5k crowds like the 70s and then he'll probably sell the club for 5 mill, thinking he has had the last laugh...
And then we might start going forward again, and we may also get a Cacther in the Rye moment when some Charlton fan can't handle what's gone on and the bloke will regret ever setting for in SE7.
Sends shivers down my spine thinking that might be his end game.....who knows, it can’t be discounted that’s for sure and we’d be stupid to sit back and think otherwise. Just what his exit plan is no one knows.......so we simply have to plan for all eventualities, as unpalatable and illogical as some may seem.
I come on here from time to time only ever to see what @JamesSeed has posted. After all this time he seems to have been the only one with any factual news. Am surprised at those having a pop , if we didn’t have his information we wouldn’t be getting anything at all.
If and when the Aussies are on board, and RD has gone, I think we should name a stand after him.
I have some questions about "The Saudis". I do not wish to put pressure on @Redhenry to answer them, i am just not aware of anyone else claiming to be ITK about them. These are all questions, to which answers we know, if applied to the Aussies (or at least Andrew Muir)
1. Who are they, what is their existing business? 2. Why do they want to buy an English football club? 3. When did they first express interest in CAFC? 4. Have they submitted to an ODT? When? And did they pass?
Just think they ought to receive at least some of the "scrutiny" if that isn't too polite a word for some of the shit being thrown here, as the Aussies are under.
Wasn't the Saudi bid rumoured to involve the crown Prince? I'm sure @Redhenry has alluded to that on here.
He would rather see the club die, than take 40mil, or anything under "his" price... and unfortunately 20 mil or 40 mil doesn't mean anything to him, which is even more absurd, he KNOWS we will be literally rejoicing in the streets when he leaves, and this is the ONE thing he doesn't want to happen, so if he can dismantle the club to the point where it is such a wreck it's unsalvageable then he will twist the knife as much as he can.
He doesn't want us to rise phoenix like out of the ashes, that would further demonstrate his incompetence. When someone genuinely doesn't care it is very hard to instigate action, as their is no emotion to play on.
So, he will keep having chats and meeting interested parties, and pricing CAFC out of the proceedings again and again and soon, if not this year then next, we will get relegated in front of 5k crowds like the 70s and then he'll probably sell the club for 5 mill, thinking he has had the last laugh...
And then we might start going forward again, and we may also get a Cacther in the Rye moment when some Charlton fan can't handle what's gone on and the bloke will regret ever setting for in SE7.
The above represents the nightmare scenario that would seem on the face of it impossible for any rational businessman to consider. However. there are countless examples of RDs irrational behaviour and thinking now on record in his dealings with Charlton even from an early stage in the ownership (including the undermining of Chris Powell's management and of course the appointment of Meire as CEO who was expected to learn on the job with no real background or understanding of what was required) - with the predictable results.
What is perhaps even more worrying is that Duchatelet is on record (although this from memory is from a very old interview) as saying that if something is not working it is better to break it up and start again (this was in translation but it was nevertheless the gist of what he was saying.
If his warped thinking does indeed extend to leaving the club in such a parlous and broken state that it will be a very lengthy and expensive process for any new investors to recover it then there may well be something in @mascot88s speculation.
This makes it even more vital that the EFL are forced to act and arrange a meeting with Duchatelet (not his representatives but Duchatelet) so they can judge for themselves what kind of man they are dealing with and take what must presumably be the unprecedented step of using some kind - any kind- of power, sanction, whatever it takes to force Duchatelet to act in the best interests of the club and not in this case his own if his sole interest now is seeing the club managed or rather not managed to destruction purely for some kind of bizarre point-scoring which makes sense only to one person - Duchatelet.
Just a slight divergence from @Grapevine49 s excellent post. As NLA posted, the EFL may well have looked at the finances of the Australian group and decided they had the funds available to finance the painfull and expensive recovery from RD's damaging tenure. That doesn't mean they are willing to spend it. RD financially has no need to make the rather mean cuts on lights,water, breakfastsand bonuses that he is now making. On the overall picture this is a drop in the ocean, but it's a drop he chooses not to spend. The Aussies may well have decided to operate in a similar way on the price. Let's face it, RD is the one suffering losses, and that will continue to happen till he sells.
I come on here from time to time only ever to see what @JamesSeed has posted. After all this time he seems to have been the only one with any factual news. Am surprised at those having a pop , if we didn’t have his information we wouldn’t be getting anything at all.
If and when the Aussies are on board, and RD has gone, I think we should name a stand after him.
I have some questions about "The Saudis". I do not wish to put pressure on @Redhenry to answer them, i am just not aware of anyone else claiming to be ITK about them. These are all questions, to which answers we know, if applied to the Aussies (or at least Andrew Muir)
1. Who are they, what is their existing business? 2. Why do they want to buy an English football club? 3. When did they first express interest in CAFC? 4. Have they submitted to an ODT? When? And did they pass?
Just think they ought to receive at least some of the "scrutiny" if that isn't too polite a word for some of the shit being thrown here, as the Aussies are under.
5. What is their exit strategy? Do they plan to get out quick before wasting any of their time and money trying to deal with Old Yellow Tooth or do they plan follow the Aussie's route of spending a year and £1m before clamming up?
Just in case anybody missed the key paragraph in the Sportsmail piece:
Sportsmail understands, however, that a deal has not been reached and the parties are some way from agreeing on a price, with Duchatelet suggested as wanting £35m. The consortium is thought to be prepared to pay only £25m.
Didn't some ITK poster in the dim and distant past suggest the Aussie's bid wasn't necessarily the highest and that Roland has an irrational belief of not wanting to deal with certain nationalities, lack of trust or something. Could explain why the Saudi bid wasn't successful.
Didn't some ITK poster in the dim and distant past suggest the Aussie's bid wasn't necessarily the highest and that Roland has an irrational belief of not wanting to deal with certain nationalities, lack of trust or something. Could explain why the Saudi bid wasn't successful.
I do not think the EFL will tell us how many ODTs have been concluded on CAFC, still less whether any failed. However they may be prepared to tell us the main components of the test, and we may ask if it is true that it includes a Heads of Agreement doc. which outlines the financial basics of the deal, and against which they evaluate the bidder's financial strength. It would be good to have this confirmed, then we will be much clearer about just what the EFL know about the Aussies.
Then we return to the Saudis in this context. I would like to ask @Addickted the following: you have only thus far mentioned what your source tells you about the Aussie bid. Did he mention another bid going through an ODT at roughly the same time? If he did not, is it reasonable to conclude that it is because no such bidder has gone through the ODT? That would be good to be clearer on, too.
I’ve made a point of not sharing family info like that. It’d be good if you could delete it. It has no bearing on the takeover.
It does though
No it doesn’t. GM is the deal broker. He wasn’t sure whether he’d move after the sale.
I too thought there was a suggestion that Gerard Murphy was to become CEO. If that is now looking less likely because of personal issues I think it does have a bearing on the takeover although as GM is not one of the monied persons it could be a blow but not insurmountable.
Just in case anybody missed the key paragraph in the Sportsmail piece:
Sportsmail understands, however, that a deal has not been reached and the parties are some way from agreeing on a price, with Duchatelet suggested as wanting £35m. The consortium is thought to be prepared to pay only £25m.
Didn't some ITK poster in the dim and distant past suggest the Aussie's bid wasn't necessarily the highest and that Roland has an irrational belief of not wanting to deal with certain nationalities, lack of trust or something. Could explain why the Saudi bid wasn't successful.
Mmmmmm......doubt it my friend.
It's true, he made a lot of racial generalisations about people he trusted and like and disliked doing business with.
He claimed that he understood English football better than Thai owners. This was when Thai owned Leicester where walking away with the premiership.
Didn't some ITK poster in the dim and distant past suggest the Aussie's bid wasn't necessarily the highest and that Roland has an irrational belief of not wanting to deal with certain nationalities, lack of trust or something. Could explain why the Saudi bid wasn't successful.
Mmmmmm......doubt it my friend.
It's true, he made a lot of racial generalisations about people he trusted and like and disliked doing business with.
He claimed that he understood English football better than Thai owners. This was when Thai owned Leicester where walking away with the premiership.
Not saying he didn’t say that, but what I was indicating was that it doesn’t mean he wouldn’t do business with them if the deal was to his liking.
I’ve made a point of not sharing family info like that. It’d be good if you could delete it. It has no bearing on the takeover.
It does though
No it doesn’t. GM is the deal broker. He wasn’t sure whether he’d move after the sale.
I too thought there was a suggestion that Gerard Murphy was to become CEO. If that is now looking less likely because of personal issues I think it does have a bearing on the takeover although as GM is not one of the monied persons it could be a blow but not insurmountable.
It wouldn’t be a blow, if true, as he wasn’t originally 100% intending to be CEO in the first place.
Comments
£10m difference between RD and the Aussies .... that couldn't possibly be £7m former directors and £3m EK15, could it?
Excellent article in the Mail. Some thoughtful, accurate and in-depth reporting in the past few days. Not bad for a stale old story out of Sarf London. Hopefully the Sint-Truiden mission will deservedly garner similar interest in Belgium.
He doesn't want us to rise phoenix like out of the ashes, that would further demonstrate his incompetence. When someone genuinely doesn't care it is very hard to instigate action, as their is no emotion to play on.
So, he will keep having chats and meeting interested parties, and pricing CAFC out of the proceedings again and again and soon, if not this year then next, we will get relegated in front of 5k crowds like the 70s and then he'll probably sell the club for 5 mill, thinking he has had the last laugh...
And then we might start going forward again, and we may also get a Cacther in the Rye moment when some Charlton fan can't handle what's gone on and the bloke will regret ever setting for in SE7.
If and when the Aussies are on board, and RD has gone, I think we should name a stand after him.
Also I wonder how they got the history about the sword and Watt Tyler. : - )
On a less important note asking price £35m offer £25m.
Well that explains a hell of a lot if true.
It's almost as if LDV and the regime was lying but What about the joint statement from the Aussies and the Belgians?
#teamWOITOS
#BromleyContingent
What is perhaps even more worrying is that Duchatelet is on record (although this from memory is from a very old interview) as saying that if something is not working it is better to break it up and start again (this was in translation but it was nevertheless the gist of what he was saying.
If his warped thinking does indeed extend to leaving the club in such a parlous and broken state that it will be a very lengthy and expensive process for any new investors to recover it then there may well be something in @mascot88s speculation.
This makes it even more vital that the EFL are forced to act and arrange a meeting with Duchatelet (not his representatives but Duchatelet) so they can judge for themselves what kind of man they are dealing with and take what must presumably be the unprecedented step of using some kind - any kind- of power, sanction, whatever it takes to force Duchatelet to act in the best interests of the club and not in this case his own if his sole interest now is seeing the club managed or rather not managed to destruction purely for some kind of bizarre point-scoring which makes sense only to one person - Duchatelet.
1 a : death
b : a cessation of existence or activity
c : a loss of position or status
If the ceo is not sure if he is going to be in the county I would think that is important
Sportsmail understands, however, that a deal has not been reached and the parties are some way from agreeing on a price, with Duchatelet suggested as wanting £35m. The consortium is thought to be prepared to pay only £25m.
Then we return to the Saudis in this context. I would like to ask @Addickted the following: you have only thus far mentioned what your source tells you about the Aussie bid. Did he mention another bid going through an ODT at roughly the same time? If he did not, is it reasonable to conclude that it is because no such bidder has gone through the ODT? That would be good to be clearer on, too.
He claimed that he understood English football better than Thai owners. This was when Thai owned Leicester where walking away with the premiership.
; )