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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Davidsmith
    Davidsmith Posts: 207
    Airman Brown said:

    Scoham said:

    Airman Brown said:

    carly burn said:

    Australian consortium according to JW.

    Doesn't that contradict what Airman said the other day?

    American money, based on holding the assets. Australian control, based on owning the football club. However, the same source says the Americans will now back off.

    This isn’t via JW, by the way.
    So if the Americans are backing off, where does that leave the takeover?
    I don’t think it stacks up because of RD’s valuation.
    Never has,especially when buyers want clean title.
    Roland will have to buy out Ex Directors if a deal is to be done, and from what I have heard they have not been approached since low ball bid last year.
  • killerandflash
    killerandflash Posts: 69,846
    That doesn't fill me with much confidence, especially with future capital projects like the training ground rebuild or improvements at The Valley. You want one clear voice making such decisions, not two parties who might have different opinions
  • Weegie Addick
    Weegie Addick Posts: 16,521
    Anyone got a gif for tearing one's hair out?
  • Wheresmeticket
    Wheresmeticket Posts: 17,304
    Mendonca In Asdas said:

    Skipped a lot of pages, why is Danny Murphy getting pelters?

    Why not?
  • Wheresmeticket
    Wheresmeticket Posts: 17,304
    edited January 2019
    Latest on this:
    Henry Irving said:

    http://www.dailymail.co.uk/sport/football/article-4406218/Charlton-owner-Roland-Duchatelet-ready-sell-up.html

  • 1905
    1905 Posts: 2,751
    Weegie Addick said:

    Anyone got a gif for tearing one's hair out?

    The thread that just keeps on giving.
  • bobmunro
    bobmunro Posts: 20,843
    Davidsmith said:

    Airman Brown said:

    Scoham said:

    Airman Brown said:

    carly burn said:

    Australian consortium according to JW.

    Doesn't that contradict what Airman said the other day?

    American money, based on holding the assets. Australian control, based on owning the football club. However, the same source says the Americans will now back off.

    This isn’t via JW, by the way.
    So if the Americans are backing off, where does that leave the takeover?
    I don’t think it stacks up because of RD’s valuation.
    Never has,especially when buyers want clean title.
    Roland will have to buy out Ex Directors if a deal is to be done, and from what I have heard they have not been approached since low ball bid last year.
    As I understand it the loans must be repaid if we ever get back to the Premier League, or at any time before then at the club's call?

    In terms of valuation then it matters not whether or not the loans are paid off by RD or by the new owners upon taking control. Club with clean title £x million, Club without clean title £x-7 million. So it could still be sold by RD without talking to the ex-directors and become clean title very quickly after takeover.

    That's if clean title is essential - if it isn't then they could buy the club for £7 million less than a clean title agreed valuation and leave the charges in tact.

    I'm pretty sure it isn't the outstanding charges that is stopping the sale.
  • Uboat
    Uboat Posts: 12,195
    Weegie Addick said:

    Anyone got a gif for tearing one's hair out?

    Or throwing one's phone in a river and sobbing quietly on a nearby bench.
  • soapboxsam
    soapboxsam Posts: 23,229
    edited January 2019
    Airman Brown said:

    kentaddick said:

    Airman Brown said:

    carly burn said:

    Australian consortium according to JW.

    Doesn't that contradict what Airman said the other day?

    American money, based on holding the assets. Australian control, based on owning the football club. However, the same source says the Americans will now back off.

    This isn’t via JW, by the way.
    how does that work? American company buy the ground and training facilities and aussie company buy the club?
    Sounds like it to me.
    Does that situation happen much in English football Airman, when it's divided like that.
    I know Ron Noades sold Palace to Mark Goldberg for 22 million without him owning the freehold of stadium and training ground.
    That arrangement ended in bankruptcy for Goldberg.

    This sounds different but has this worked in pro football when two parties buy at the same time as landlord and tenant ?

    I understand this is still speculation but we need something to hold on to.
  • The Red Robin
    The Red Robin Posts: 26,126
    Effectively two different sets of investors owning different parts of the club/assets is a recipe for disaster.
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  • Greenie
    Greenie Posts: 9,172
    Mendonca In Asdas said:

    Skipped a lot of pages, why is Danny Murphy getting pelters?

    Because he skips pages.
  • charltonnick
    charltonnick Posts: 3,063
    Glickstein / Hulyer remember , this doesn't sound good
  • Stu_of_Kunming
    Stu_of_Kunming Posts: 17,117
    The Red Robin said:

    Effectively two different sets of investors owning different parts of the club/assets is a recipe for disaster.

    Is the ACV still active? If so surely The Trust would have to be notified about the split of assets?
  • Solidgone
    Solidgone Posts: 10,208
    edited January 2019
    Rizzo said:

    3blokes said:

    I vote we all go down to The Winchester and wait for the whole thing to blow over.

    image
    The landlord (behind the group) of the Winchester is a Charlton fan.
  • J BLOCK
    J BLOCK Posts: 8,310
    Fair play to Jim White, telling us what he knows. It's not always accurate but he's giving us info in good faith and it's more than we've had in a long time.
  • Callumcafc
    Callumcafc Posts: 63,764
    edited January 2019
    Comes back to Roland’s asking price once again.

    As a wise man once said: just sell the club and F OFF
  • jondon76
    jondon76 Posts: 294
    All bullshine RD and LDT are the only ones that truely know what's happening, everyone else is just speculating. Inside info my arse we've all be down this road before when are people going to start growing wise to this load of old bull people are feeding us? Don't trust anything people say and just wait until it's all done and on the website confirming it .
  • golfaddick
    golfaddick Posts: 33,627
    J BLOCK said:

    Fair play to Jim White, telling us what he knows. It's not always accurate but he's giving us info in good faith and it's more than we've had in a long time.

    Then what's the point in doing that.

    I've been told the earth is flat. It might not be accurate but hey ho.....
  • CAFCsayer
    CAFCsayer Posts: 10,223
    Airman Brown said:

    kentaddick said:

    Airman Brown said:

    carly burn said:

    Australian consortium according to JW.

    Doesn't that contradict what Airman said the other day?

    American money, based on holding the assets. Australian control, based on owning the football club. However, the same source says the Americans will now back off.

    This isn’t via JW, by the way.
    how does that work? American company buy the ground and training facilities and aussie company buy the club?
    Sounds like it to me.
    This cannot happpen and is a receipe for disaster.
  • SantaClaus
    SantaClaus Posts: 7,652
    edited January 2019
    https://goo.gl/images/1mbkSx
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  • blackpool72
    blackpool72 Posts: 23,675
    Callumcafc said:

    Comes back to Roland’s asking price once again.

    As a wise man once said: just sell the club and F OFF

    Oi.
    Put the wise back.
  • thenewbie
    thenewbie Posts: 11,001
    J BLOCK said:

    Fair play to Jim White, telling us what he knows. It's not always accurate but he's giving us info in good faith and it's more than we've had in a long time.

    No it isn't, because it's worth approximately fuck all. First it was within two/three days, then "next week" and then "not imminent yet" all from White. He may be saying what he's told in good faith but whoever is telling HIM doesn't seem to be so I put no faith in what he says. At all.
  • SoundAsa£
    SoundAsa£ Posts: 22,479
    Chris_from_Sidcup said:

    ShootersHillGuru said:

    So the Americans are now “out”

    Were they ever in?
    Airman means they will back off as in leaving the Australians to run the club....NOT pulling out of the deal.
    FFS!

  • Airman Brown
    Airman Brown Posts: 15,734
    edited January 2019
    Davidsmith said:

    Airman Brown said:

    Scoham said:

    Airman Brown said:

    carly burn said:

    Australian consortium according to JW.

    Doesn't that contradict what Airman said the other day?

    American money, based on holding the assets. Australian control, based on owning the football club. However, the same source says the Americans will now back off.

    This isn’t via JW, by the way.
    So if the Americans are backing off, where does that leave the takeover?
    I don’t think it stacks up because of RD’s valuation.
    Never has,especially when buyers want clean title.
    Roland will have to buy out Ex Directors if a deal is to be done, and from what I have heard they have not been approached since low ball bid last year.
    Depends how it it was structured, I guess. At RD’s likely valuation he can afford to take the ex-directors out. It’s correct they haven’t heard anything officially, it’s not true to say they aren’t aware of current manoeuvring.
  • cantersaddick
    cantersaddick Posts: 16,914
    golfaddick said:

    J BLOCK said:

    Fair play to Jim White, telling us what he knows. It's not always accurate but he's giving us info in good faith and it's more than we've had in a long time.

    Then what's the point in doing that.

    I've been told the earth is flat. It might not be accurate but hey ho.....
    At least you know there is an earth and that you are on it. Some of the details aren't clear but you have some indication of what's going on. ;)
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    The loans seem to add a major complication. Why pay them up when you might never have to, but it is a potential liability that you would want reflected in the price if you were potentially buying it.
  • Airman Brown
    Airman Brown Posts: 15,734
    Stu_of_Kunming said:

    The Red Robin said:

    Effectively two different sets of investors owning different parts of the club/assets is a recipe for disaster.

    Is the ACV still active? If so surely The Trust would have to be notified about the split of assets?
    I really wouldn’t rely on that. It’s a toothless piece of legislation.
  • Airman Brown
    Airman Brown Posts: 15,734
    SoundAsa£ said:

    Chris_from_Sidcup said:

    ShootersHillGuru said:

    So the Americans are now “out”

    Were they ever in?
    Airman means they will back off as in leaving the Australians to run the club....NOT pulling out of the deal.
    FFS!

    I don’t, I’m afraid. The prediction made to me is that they will back away from getting involved.
  • SantaClaus
    SantaClaus Posts: 7,652
    Are we there yet?
  • CAFCsayer
    CAFCsayer Posts: 10,223
    Airman Brown said:

    SoundAsa£ said:

    Chris_from_Sidcup said:

    ShootersHillGuru said:

    So the Americans are now “out”

    Were they ever in?
    Airman means they will back off as in leaving the Australians to run the club....NOT pulling out of the deal.
    FFS!

    I don’t, I’m afraid. The prediction made to me is that they will back away from getting involved.
    This is an absolute shambles
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