The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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What makes you think it'll get done in the summer...bolloxbolder said:Not happening until the summer based on this is it?
Why not January 2020? Or summer 2020 etc etc etc0 -
RDs main man dealing with the sale.Bedsaddick said:Who’s LDT ?
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Lying Duchatelet ToadyBedsaddick said:Who’s LDT ?
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For LDT read LVT0
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Tbf to the Turkey, at least he turns up. Could completely blank the fans.2
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Brexit?ShootersHillGuru said:The “Brits” have been around for a long time. If they “still want to close the deal” why havn’t they been able to do so ?
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My hunch was always that the money wasn’t the issue. I know people are blaming the Aussies, but who’d want to spend so much time and money buying a football club only to piss about with documents. There’s more to this than meets the eye I think. Roland
I’ve always thought it odd that GM can’t say anything *at all* about what’s going on. I think he’s been warned.15 -
There. Will. Never. Be. A. Takeover.1
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So it won't be in time to benefit us in the transfer window.
I'm joining team Not Listening. Wake me up when it's all over.2 -
Starting to think Murphy is on Duchatelets payroll.
Why would a group from the other side of the earth allow this to drag on for so long?
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I am retiring to my drawing room. I will pour my self a large single malt, a splash of soda. I will then hope that this whole sorry saga ends soon!4
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Money is the issue in my view (and the lack of it) rather than the price..
How many years has this saga been running? And as LdT says no one has ‘shown him the money’ by which he means slapped their used notes on the table.
As I suggested to LdT tonight, the price ‘range’ asked is clearly too high to get any serious and credible interest. He wouldn’t let on how much that range was tho even when I offered him a fiver for the club.
Would love to be wrong, normally happens when watching a player at the Valley and start being critical - they then do something really food like score, Altho it didn’t work with a Pratley against Sunderland..3 -
I wonder whether anyone asked about the group LVT was showing around SL & who, allegedly, he introduced as the new owners.4
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Fanny Fanackapan said:
I wonder whether anyone asked about the alleged group, LVT was allegedly showing around SL & who, allegedly, he introduced as the alleged new owners.
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I think it's a combination of a ridiculous price and the only interested party being a bunch of chancers looking to spend someone elses money.
A real price would attract real buyers。3 -
Thank you for such a speedy feedback @Henry Irving
Certainly doesn't sound as though this is all going to come to a speedy conclusion. Unfortunately.
If RD has been using JW as his stalking horse, only to see the plan fail, I just hope RD does not respond with a January Sale of players.1 -
Part 4
Me "What do you understand by "unblocking the funds"
LDT "that the money is available"
Question "Must the takeover be done in January?"
LDT "RD's priority is to sell. The football is good, the club is in a better financial position that last year so that helps"
Q: "if it's not completed does that impact on the manager
LDT "the club is run to the best possible means and with the fact that it (RDs Ownership) may continue. Lee has a budget and it looking for a left back.
LDT "RD knows it is better to fund the club than allow it to go into Administration.
on price. Price has been agreed.
Me "is the price the same for all groups?"
LDT "no" Depends on method of payment, linked to how it is paid, staged payments, payments on results, currencies.
Me "How was the price set". LDT mentions the interview between JW and RD "RD mention the house in Kensington"
Me "what does the house in Kensington mean as we're not a house in Kensington?"
LDT says he doesn't know what RD meant and would have to ask him, tried to push him but he clearly, IMHO realised it wasn't a sensible thing to say and wouldn't be pinned down on it.22 -
I reckon RD & LDT are being relatively truthful. I reckon AA probably have the purchase price, as everyone says. However, they then won't have enough capital for say 5 years. So they have the money, but they don't have the money.
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Part 5
The £70+m
Me - did you quote a price of over £70m to a buyer at short notice.
LDT "I haven't signed an NDA" ( My personal view - OK English isn't his first language but this made no sense. If he hasn't signed an NDA he can comment)
Me - but did you tell a potential buyer the price was over £70m three hours before a meeting having previously agreed a lower price.
LDT "That is a rumour, i can't comment on rumours"
I pushed him on this a few times and he finally said that no, this hadn't happened but he, IMHO squirmed a bit and didn't deny it straight away despite saying he was aware of the "rumour". He did finally say it hadn't happened or anything similar had happened.
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Everyone can have AA meetings in The Valley. "My name is John and I am addicted to thinking a sale is imminent. I've been an addict for 1462 pages."Fumbluff said:Wait, we’re being bought by Alcoholics Anonymous? How did this skip past us all? Especially those of you that are members, you could have shared.....
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Good work. That is a lie.Henry Irving said:Part 5
The £70+m
Me - did you quote a price of over £70m to a buyer at short notice.
LDT "I haven't signed an NDA" ( My personal view - OK English isn't his first language but this made no sense. If he hasn't signed an NDA he can comment)
Me - but did you tell a potential buyer the price was over £70m three hours before a meeting having previously agreed a lower price.
LDT "That is a rumour, i can't comment on rumours"
I pushed him on this a few times and he finally said that no, this hadn't happened but he, IMHO squirmed a bit and didn't deny it straight away despite saying he was aware of the "rumour". He did finally say it hadn't happened or anything similar had happened.32 -
Did anyone ask why if RD is so keen to sell have they stuck with the AA bid for so long instead of jogging them on and finding an alternative even if it was for a lower (more sensible) amount?2
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So it's RDs priority to sell, but two groups have been trying to complete a deal since at least the start of this year. One of those groups was first linked with us nearly two years ago, and their project started at least three years ago (going off their website).1
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The group shown around was an Aussie ‘Aussie’0
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There's nothing worse than underwhelming fanny.Fanny Fanackapan said:
Sounds totally underwhelming....as always.Henry Irving said:Just left the meeting.
I was standing in for @killerjerrylee as Bromley Addicks rep.
Some interesting snippets but no huge revaluations.
More later as now driving home.3 -
Well, it's definitely not a tingley one tonight.The Red Robin said:
There's nothing worse than underwhelming fanny.Fanny Fanackapan said:
Sounds totally underwhelming....as always.Henry Irving said:Just left the meeting.
I was standing in for @killerjerrylee as Bromley Addicks rep.
Some interesting snippets but no huge revaluations.
More later as now driving home.1 -
So what's the delay?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.1 -
Price agreed but has it been met?Henry Irving said:
LDT says it has "price agreed"barstool said:The AA offer clearly hasn’t been accepted by RD
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