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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • edited October 2018

    Redhenry said:

    CAFCsayer said:

    Redhenry said:

    I see the Crown Prince is being linked with a bid for Man U. Share price went higher in the States on the back of the speculation.

    Didnt you link him with us?
    Yes
    From us to Man utd is some gear change!

    Did they put an offer in for us or were they just surveying all UK clubs that were available?
    Put in more than one, the Aussies kept topping their offer
  • So, it's as I said all along.
    The Aussies don't have sufficient consortium members that are willing to pay the agreed price.
    (They possibly did have/thought they did have, when wearing the scarves).
    The Aussies also haven't provided proof of funds to the EFL.

    Alternatively, if they have, there is no sense that the price is agreed, they have the consortium and money required, but for no apparent reason, have just not completed the process that they started with the EFL.
  • From the Standard :

    Harvey (Shaun, EFL) met Duchatelet in Brussels and yesterday met the Charlton Athletic Supporters’ Trust. In the meeting, Harvey shed some light on the hold-up to the proposed takeover of Charlton by an Australian consortium.

    He revealed the documents the Australians have yet to submit to the EFL relate to the precise make-up of the consortium and the source of their finances. The EFL have questioned the consortium and are yet to receive a response.

    Harvey said that during his meeting with Duchetelet, the Belgian said “miscommunications and protests were not assisting the sale of the club”. Duchetelet also said he “intends to honour the agreement made with the Australians”.

    Can't believe that they allowed RD to stay in Brussels and they went over to him. The club is in this country and that's where the meeting should have taken place, there's a clue in the EFL, just shows them to be weak.
    And miss out on a nice jolly to Brussels. I don’t think so.
  • From the Standard :

    Harvey (Shaun, EFL) met Duchatelet in Brussels and yesterday met the Charlton Athletic Supporters’ Trust. In the meeting, Harvey shed some light on the hold-up to the proposed takeover of Charlton by an Australian consortium.

    He revealed the documents the Australians have yet to submit to the EFL relate to the precise make-up of the consortium and the source of their finances. The EFL have questioned the consortium and are yet to receive a response.

    Harvey said that during his meeting with Duchetelet, the Belgian said “miscommunications and protests were not assisting the sale of the club”. Duchetelet also said he “intends to honour the agreement made with the Australians”.

    Can't believe that they allowed RD to stay in Brussels and they went over to him. The club is in this country and that's where the meeting should have taken place, there's a clue in the EFL, just shows them to be weak.
    Is Roland actually under any obligation to meet them at all?

    I am not saying he shouldn't meet them, just does he "have to".
  • So, it's as I said all along.
    The Aussies don't have sufficient consortium members that are willing to pay the agreed price.
    (They possibly did have/thought they did have, when wearing the scarves).
    The Aussies also haven't provided proof of funds to the EFL.

    Alternatively, if they have, there is no sense that the price is agreed, they have the consortium and money required, but for no apparent reason, have just not completed the process that they started with the EFL.

    This.
  • edited October 2018
    cafcwill said:

    From the Standard :

    Harvey (Shaun, EFL) met Duchatelet in Brussels and yesterday met the Charlton Athletic Supporters’ Trust. In the meeting, Harvey shed some light on the hold-up to the proposed takeover of Charlton by an Australian consortium.

    He revealed the documents the Australians have yet to submit to the EFL relate to the precise make-up of the consortium and the source of their finances. The EFL have questioned the consortium and are yet to receive a response.

    Harvey said that during his meeting with Duchetelet, the Belgian said “miscommunications and protests were not assisting the sale of the club”. Duchetelet also said he “intends to honour the agreement made with the Australians”.

    So he'll honour this
    but not honour paying the staff bonuses that were promised to them

    reads to me as though we're stuck waiting for the Aussie's because they were the only ones stupid enough to offer the inflated price, which they now won't/can't stump up.

    Only my take on it of course, but if that's true then they get no goodwill from me whatsoever
  • So, it's as I said all along.
    The Aussies don't have sufficient consortium members that are willing to pay the agreed price.
    (They possibly did have/thought they did have, when wearing the scarves).
    The Aussies also haven't provided proof of funds to the EFL.

    Alternatively, if they have, there is no sense that the price is agreed, they have the consortium and money required, but for no apparent reason, have just not completed the process that they started with the EFL.

  • Funny handshake brigade innit?
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  • edited October 2018
    My view is that £40M is too much for CAFC.

    And...

    I don't want any owner that is troubled by paying £40M....

    Because it will cost another £100-200M to get us to the PL given annual losses, transfers, upgrading stands and the training ground, similar to what it cost Brighton and Leicester's owners. Wolves spent £60M in two years just to get from the Championship plus built a new stand and spent £35M on making their academy Category One.

    Thus, if the Aussies struggle to find £40M now.... then they really don't have what it takes to be anything other than (at best) just another run of the mill League One owner. Which I really don't want. I am tired of settling for mediocre potential owners just so we get someone other than RD.

    I want owners who do more than talk about "ambition" and wear scarves but also actually have the resources and an actual willingness to spend the money to get us to the PL.
  • edited October 2018

    My view is that £40M is too much for CAFC.

    And...

    I don't want any owner that is troubled by paying £40M....

    Because it will cost another £100-200M to get us to the PL given annual losses, transfers, upgrading stands and the training ground, similar to what it cost Brighton and Leicester's owners. Wolves spent £60M in two years just to get from the Championship plus built a new stand and spent £35M on making their academy Category One.

    Thus, if the Aussies struggle to find £40M now.... then they really don't have what it takes to be anything other than (at best) just another run of the mill League One owner. Which I really don't want. I am tired of settling for mediocre potential owners just so we get someone other than RD.

    I want owners who do more than talk about "ambition" and wear scarves but also actually have the resources and an actual willingness to spend the money to get us to the PL.

    We are not a premier league club, you know that right? I would happily settle for championship football, have you seen how competitive it is now days.

    Some of our fans still seem to think we deserve to be in the premier league, that was over 10 years ago.
  • I agree with NapaAddick, I want owners who have the kind of money to get a club into the top of the Championship and possibly the Prem. Just to get us into the Championship and keep the club there for say 5 years will cost them £100 -£150 million, so £40 million is a small fraction of what is required. Football is now a billionaire's plaything.
  • EastStand said:

    You're trying to buy a house for 250,000. You know you're going to need to spend an extra few 100 thousand once you've got it as the roof needs fixing, the boiler needs replacing and the bathroom could do with updating (green bathtub, no thanks).

    Your estate agent says its worth 250,000, the owner's estate agent says it's worth 250,000, the owner wants 750,000. You refuse to pay that.

    It doesn't mean you "don't have the money" and no one in their right mind would blame you for not coughing up the extra cash.

    But a run down, seen better times, half the fanbase has fucked off football club...

    The trouble with your house analogy, is how can they have refused to pay the sale price because it is too high ?
    They have agreed to pay it and said they agreed to pay it, in the joint statement that was put out on the OS.
    It makes no sense to say they refuse to pay a price that they have agreed.
    Especially, when we are told there is a structure in place re player transfers etc.
  • Is Roland in London?? If not I passed his absolute doppelgänger this afternoon in Kensington
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  • Taxi_Lad said:

    Is Roland in London?? If not I passed his absolute doppelgänger this afternoon in Kensington

    Yes he is going to the game tomorrow
    Not when he finds out he can’t buy a ticket without paying Kat-tax, that’s enough to put anyone off...
  • You work in an acquarium earning little money but always wanted to buy a house, as you could never realistically buy one you have not looked before and have little idea of value.

    Flying out of City airport on hols one day you spot the house of your dreams, inquire when you get home and are told it is yours for 770,000; not wanting to miss out you agree. It is lovely and shiny on the outside, in the right location and has a history of finding the odd gold nugget in the garden.

    Fortunately your mates are loaded, one is a voyeur and you tell him he is welcome around any time with his squeeze for sex on the back lawn if he helps you with the purchase, one has just sold his busines for stacks and just wants to watch sport for ever more, you tell him he can watch your kids play footy in the back garden whenever he wants if he helps you out. The third is trying to lose weight, you promise that if he helps, you will never feed him more than 14 chips and each time he wants a beer make him queue until he loses interest and doesn’t bother.

    All ready to go, you start the legal and valuation work.

    Then your pals want to visit, the voyeur notices the back garden is waterlogged and a little worn out, he doesn’t think the house is worth more than 200k and pulls out; your sports mad mate goes to watch your kids play but then finds you sold one that morning and quite a few of the others are just visiting, he doesn’t think the house is worth more than 200k and pulls out, the man on a diet finds no one else there, no queue for the beer so drinks loads of calories and heads off smashed he says he is still interested but you can’t get hold of him.

    fortunately the senile seller seems happy to wait around for you to buy even though he does not live there, hasn’t visited since his niece (who was renting) moved out, and pays council tax, utilities and plenty on security bills for no obvious benefit.

    Not perturbed you head to Wonga but they go bust, so you approach a Russian, but his mate is not keen on him investing in this opportunity. You know a chubby fella trying to sell his huge mansion who maybe interested but that seems to be taking a long time....

  • fecking "2 weeks" strange feels more like 8 months
  • Scoham said:

    “It’ll be done once AFKA sorts out his shed”

    I’ve still not sorted the shed btw...
  • Scoham said:

    “It’ll be done once AFKA sorts out his shed”

    I’ve still not sorted the shed btw...
    Don’t blame you. Probably full of false widows
  • fecking "2 weeks" strange feels more like 8 months

    Mate could be 8 yrs



    The fucking aussies ain’t got no money
  • EastStand said:

    You're trying to buy a house for 250,000. You know you're going to need to spend an extra few 100 thousand once you've got it as the roof needs fixing, the boiler needs replacing and the bathroom could do with updating (green bathtub, no thanks).

    Your estate agent says its worth 250,000, the owner's estate agent says it's worth 250,000, the owner wants 750,000. You refuse to pay that.

    It doesn't mean you "don't have the money" and no one in their right mind would blame you for not coughing up the extra cash.

    But a run down, seen better times, half the fanbase has fucked off football club...

    The trouble with your house analogy, is how can they have refused to pay the sale price because it is too high ?
    They have agreed to pay it and said they agreed to pay it, in the joint statement that was put out on the OS.
    It makes no sense to say they refuse to pay a price that they have agreed.
    Especially, when we are told there is a structure in place re player transfers etc.
    It does if “they” are divided among themselves.
  • EastStand said:

    You're trying to buy a house for 250,000. You know you're going to need to spend an extra few 100 thousand once you've got it as the roof needs fixing, the boiler needs replacing and the bathroom could do with updating (green bathtub, no thanks).

    Your estate agent says its worth 250,000, the owner's estate agent says it's worth 250,000, the owner wants 750,000. You refuse to pay that.

    It doesn't mean you "don't have the money" and no one in their right mind would blame you for not coughing up the extra cash.

    But a run down, seen better times, half the fanbase has fucked off football club...

    The trouble with your house analogy, is how can they have refused to pay the sale price because it is too high ?
    They have agreed to pay it and said they agreed to pay it, in the joint statement that was put out on the OS.
    It makes no sense to say they refuse to pay a price that they have agreed.
    Especially, when we are told there is a structure in place re player transfers etc.
    It does if “they” are divided among themselves.
    If that's the case "they" haven't agreed a price and both parties have lied in the joint statement.
    Alternatively, the sale price is no longer agreed and we haven't been told.
  • EastStand said:

    You're trying to buy a house for 250,000. You know you're going to need to spend an extra few 100 thousand once you've got it as the roof needs fixing, the boiler needs replacing and the bathroom could do with updating (green bathtub, no thanks).

    Your estate agent says its worth 250,000, the owner's estate agent says it's worth 250,000, the owner wants 750,000. You refuse to pay that.

    It doesn't mean you "don't have the money" and no one in their right mind would blame you for not coughing up the extra cash.

    But a run down, seen better times, half the fanbase has fucked off football club...

    The trouble with your house analogy, is how can they have refused to pay the sale price because it is too high ?
    They have agreed to pay it and said they agreed to pay it, in the joint statement that was put out on the OS.
    It makes no sense to say they refuse to pay a price that they have agreed.
    Especially, when we are told there is a structure in place re player transfers etc.
    It does if “they” are divided among themselves.
    If that's the case "they" haven't agreed a price and both parties have lied in the joint statement.
    Alternatively, the sale price is no longer agreed and we haven't been told.
    I think they agreed the price but then found they couldn’t follow through, while RD is clinging on to them because he knows Muir has the money if he chooses to put it on the table and no one else will.

    Why anyone would expect RD to handle this process prudently I have no idea. Look at the evidence of everything he has done and said.
    I agree.
This discussion has been closed.

Roland Out Forever!