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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • We already knew that, hardly new news
  • Henry Irving
    Henry Irving Posts: 85,222
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
  • addick05
    addick05 Posts: 2,348
    Listened to the White/Jordan interview with Duchatelet last night. Is it just me or did the 'Belgian One' sound like he was on drugs?
  • The Red Robin
    The Red Robin Posts: 26,126
    edited February 2019
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
  • Mal
    Mal Posts: 616
    If, Roland is asking for £50 million now, based on land price, is it the same price he was asking for a year ago?, and, will it stay at £50 Million if were still for sale this time next year.

  • Henry Irving
    Henry Irving Posts: 85,222
    edited February 2019
    addick05 said:
    Listened to the White/Jordan interview with Duchatelet last night. Is it just me or did the 'Belgian One' sound like he was on drugs?
    He is so used to the yes men and women around him that he cant cope with any disagreement with his twisted world view.
  • soapboxsam
    soapboxsam Posts: 23,229
    edited February 2019
    We really are in Never Never Land.

    We are all lost boys and girls.
  • happyvalley
    happyvalley Posts: 8,996
    1543, King Henry VIII married for the final time.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    What was the last rough known asking price RD put on the club? 
  • Henry Irving
    Henry Irving Posts: 85,222
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
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  • Cafc43v3r
    Cafc43v3r Posts: 21,600

    So Roland says the club is free, and you only have to pay for the land.

    So how much is the land worth, or how much does Roland think the land is worth?

    I can't find accounts for the last financial year on companies house, but I can see the accounts for the year before. Under tangible assets a value of £42,347,000.00 is stated. Katrien Meire signed this off on 20/12/2017.

    I might be totally misreading the accounts, and correct me if I am, but with the 7 million owed to former directors, and this valuation, your looking at almost £50,000,000 for the club.

    Crazy

    Didn't he say, paraphrased, 'the club is free, plus £20 million off the price of the assets"

    That would bring us to £30 million and a ball park figure that has been used before? 
  • JamesSeed
    JamesSeed Posts: 17,380
    What was the last rough known asking price RD put on the club? 
    I think that's the main problem. There has never been a 100% 'known' price.
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    The problem with graffiti is it pisses off everybody who lives and works in the area. Those fans may now find themselves considered as English football hooligans and now when they travel, drink, eat and stay in the area may find they're not so welcome anymore and Roland has gained some local sympathisers.

    And what a nice reminder to any prospective buyers of what they can expect if they don’t pump millions into the club and buy instant success

    That last bit just isn’t true though. Of all the protests I’ve been a part of, don’t recall any banners or chants demanding millions be pumped into the club or demanding instant success. 
    If they don’t pump in millions, what are they going to do to keep the club running, sell the premiership stars of the future ?; and if the team isn’t winning it won’t take long for fans to start moaning
    I disagree. If Roland leaves and we get an owner who cares somewhat and actually puts some effort into running the club I think they will get patience and time, they certainly will from me. Our position proves just 1/2 more decent players and we would have a real shot at promotion. Yes we would need to spend a bit in the Champ but you can be a steady Champ team with the right structure. I think the majority of fans would accept that  
  • bigstemarra
    bigstemarra Posts: 5,098
    So, we're back to where we've always been.

    Our greedy, deluded owner wants too much for the club.

    As such, we will continue to be Shitweaseled for the foreseeable future.

    Bummer.
  • Dave2l
    Dave2l Posts: 8,866
    I think we are in Deep Deep shit.

    I'm sorry. 

    I personally cannot see any happy ending here. At all.

    Considering how internally messed up the club is.....league position wise, we are not doing absolutely terrible.

    That is the only positive to take. 

    It is unlikely we will be falling out of the football league and dropping down from league 2 into an abyss.

    Other then that. 

    I have absolutely no idea what the future holds for Charlton Athletic. 

    We are owned by a creature that hates us. He is also an old man...that knows absolute f*ck all about football.

    He is playing the victim and he also won't let go.

    He doesn't make any sense about anything...and he got called out by Simon Jordan....the last person you would expect to want to intervene.

    He is our foe....but he quite clearly cares a lot more about rational...about business and about football...then Richard Murrary ever has.

    He is officially confirmed as a more dignified person then RM.

    It's a sad sad time.
  • Maybe we should appeal to the EFL for their advice on the situation....?

    :smile:
  • razil
    razil Posts: 15,041
    edited February 2019
    I have to agree. While Duchatelet clings on to the valuation of c£50m probably anything more than £20m lock stock and barrel, this situation will remain unresolved.

    Things are only worth what someone will pay for them.

    Business losing £6m plus a year
    Crowds falling

    Offered Price in 2018/19 £50m with £5m? debt League 1
    Purchase price in 2013 £18m? (Duchatelet with very little due diligence) with £6m? debt Championship
    Purchase price in 2010 £1 by the 'spivs' with £6m? debt League 1

    Do the math

  • SoundAsa£
    SoundAsa£ Posts: 22,480
    edited February 2019
    Something I have never got my head round is the "five current interested parties" we were informed about a month or two back. Where have they all gone to? If this disclosure was true, then why have they ALL walked? There can only be one reason.....the price. So why have none of these 'supposed' parties come out of the woodwork and stated Goldfingers asking price or at the very least make it known that it's totally unrealistic? Someone somewhere is telling enormous porkies!
  • addick05
    addick05 Posts: 2,348
    Maybe we should appeal to the EFL for their advice on the situation....?

    :smile:

    Sadly, I think their hands are tied. If he has not broken any EFL rules and has not 'brought the game into disrepute' so to speak (although as far as I'm concerned he has) not sure they can do much, other than to 'advise' him to sell the club. But they can't force him to do that. Having said that, they won't be too happy about his comments regarding 'foreign' owners.
  • SoundAsa£
    SoundAsa£ Posts: 22,480
    J BLOCK said:

    So Jordon spoke to some people and Roland wants 50 Million - on talksport now


    Think we all knew it was a ridiculous amount, glad it’s been clarified. Absolutely mental 
    Errrrm.....has it been clarified? I don't think so.
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  • carly burn
    carly burn Posts: 19,459
    Something I have never got my head round is the "five current interested parties" we were informed about a month or two back. Where have they all gone to? If this disclosure is true, then why have they ALL walked? There can only be one reason.....the price. So why have none of these 'supposed' parties come out of the woodwork and stated Goldfingers asking price? Someone somewhere is telling enormous porkies!
    You've answered your own question there.
    It was a load of baloney to entice genuine buyers out of the woodwork.
    Wearing a bit thin now though that tale.

  • sm
    sm Posts: 2,958
    Is there anyone out there who is skilled in property valuation who might want to estimate what the market value of the land at the Valley and Sparrows lane might be without any planning permission for change of use ( and next to no chance of getting such planning permission in the foreseeable future) just to demonstrate that RD is bending the truth yet again.  I do remember that have been some pretty dodgy valuations used in the accounts in recent times as well).
  • I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
  • Only a smattering of legal education but am perplexed about the NDA. Pretty sure if the Ozzies have walked away the NDA is over. No transaction is taking place, no consideration has changed hands. Why no word? Perhaps James can text Gerard?

    If RD drops his price the deal is a new one and requires a new NDA. 
  • Covered End
    Covered End Posts: 52,006
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
    I am guessing they were intrested of they could get it "cheap" reduce costs and make profit in the transfer market using the contacts they obviously had in the game.  I would suggest that was a bullet dodged. 
  • Chizz
    Chizz Posts: 28,334
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
    "What was it that made you pull out of the negotiation with the egotistical, irrational, greedy twat?"
  • I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
    I thought it was simply because he wanted too much.
  • Covered End
    Covered End Posts: 52,006
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
    I thought it was simply because he wanted too much.
    So do I & I seem to vaguely remember them quoting a figure.
  • andynelson
    andynelson Posts: 1,951
    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.

    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.

    I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here. 
    Interesting.

    Did they say when this was or give any more info on the consortium.
    That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown  has stated before though that Varney is not involved anywhere. 
    Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
    Scottish group did
    Good point. Does anyone remember the reason they pulled out ?
    Apart from the obvious RD is a knob reason.
    McLeish said Roland wanted too much money.
This discussion has been closed.