The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

happyvalley

1561, Madrid becomes the capital of Spain. It was previously Toledo.

mascot88

Well..... Is it ever going to end?? It doesn't feel like it does it, we've had everyone who could be linked, linked. The asking prices is too high and he won't budge, so we dribble on. 

We can guarantee that within 30 years we won't be owned by him, he's not living past 100, but that's it, that's the baseline for me, his death. 

I refuse to get excited as I've been there and seen it and it doesn't happen. 

limeygent

Doubt than any first offer would be what a buyer would be willing to pay, might be the opening offer with willingness to meet the seller part way. That's how most transactions go, don't they? Hope this is real.

sm

seth plum said:

I preferred the robin.

soapboxsam

Is it normal for a outgoing owner to get payments in future years for promotions ?
So many bizarre things happen in the world of football which is different to other businesses. Until Alan Sugar came along it was brown envelopes and meetings with managers at service stations and no paperwork involved.

I'm not talking about the 7 million to ex directors but would any new owner accept a covenant saying that Duchatelet should get a payment if we get promotions in the next few years ?
In Belgium, Duchatelet got payments which are normally only paid to agents in England.

It sounds like the English football system totally befuddled Roland.

AddicksAddict

soapboxsam said:

MuttleyCAFC said:

It has probably been made public by the bidder to put some pressure on Duchatelet to sell. If this is correct, there must be an expectation, or at least a suspicion that he won't sell at that price. Even though it seems more than generous considering it is significantly more than Duchatelet originally paid, and he has hardly improved anything!

This, short, concise and to the point.
Your a top dog Muttley.

This offer is an opening gambit but Duchatelet's been wounded and it's difficult how he will react. I still believe pressure from his nearest and dearest:
his Son Roderick, his partner, his accountant and Sue Parkes would help to get this deal done.

AddicksAddict

SomervilleAddick said:

Also, we’ve lost our history updates so 

1556 - Thomas Cranmer was burnt at the stake for treason & heresy. 

Hooray!

golfaddick

soapboxsam said:

Is it normal for a outgoing owner to get payments in future years for promotions ?
So many bizarre things happen in the world of football which is different to other businesses. Until Alan Sugar came along it was brown envelopes and meetings with managers at service stations and no paperwork involved.

I'm not talking about the 7 million to ex directors but would any new owner accept a covenant saying that Duchatelet should get a payment if we get promotions in the next few years ?
In Belgium, Duchatelet got payments which are normally only paid to agents in England.

It sounds like the English football system totally befuddled Roland.

This 100%. Current owner fails to invest in his business......sells stock on the cheap & doesn't use the proceeds to buy new stock, trying to get by with outdated or untried stuff. 

Sells business for more than he paid for it, having trousers profits over the last few years. New owner spend  money on new stock & reduces prices. Company flourishes & old owner wants an ongoing dividend now that company is doing a lot better.

Bonkers.

AddicksAddict

stonemuse said:

happyvalley said:

1559, Henry11 of France killed in a jousting accident.

Too soon

A royal copping it is never too soon.

AddicksAddict

happyvalley said:

1559, Henry11 of France killed in a jousting accident.

Hooray!

AddicksAddict

seth plum said:

Kawaii!

AddicksAddict

happyvalley said:

1560, a total eclipse of the Sun can be seen in Europe.

1983, A Total Eclipse of the Heart can, unfortunately, be heard in Streatham
https://www.youtube.com/watch?v=lcOxhH8N3Bo

AddicksAddict

happyvalley said:

1561, Madrid becomes the capital of Spain. It was previously Toledo.

Madrid was previously Toledo?  That must have been confusing for the postman.

Stu_of_Kunming

golfaddick said:

soapboxsam said:

Is it normal for a outgoing owner to get payments in future years for promotions ?
So many bizarre things happen in the world of football which is different to other businesses. Until Alan Sugar came along it was brown envelopes and meetings with managers at service stations and no paperwork involved.

I'm not talking about the 7 million to ex directors but would any new owner accept a covenant saying that Duchatelet should get a payment if we get promotions in the next few years ?
In Belgium, Duchatelet got payments which are normally only paid to agents in England.

It sounds like the English football system totally befuddled Roland.

This 100%. Current owner fails to invest in his business......sells stock on the cheap & doesn't use the proceeds to buy new stock, trying to get by with outdated or untried stuff. 

Sells business for more than he paid for it, having trousers profits over the last few years. New owner spend  money on new stock & reduces prices. Company flourishes & old owner wants an ongoing dividend now that company is doing a lot better.

Bonkers.

While I agree with your general point, RD has not made a profit, he's lost a fortune.

NapaAddick

KiwiValley said:

My intel is telling me that it is a consortium of @colin1961? @DOUCHER @NapaAddick and the real reason they dropped off the thread is now apparent.

I tried to purchase the club for the £1 that RD mentioned in the press but I discovered that he was misquoted. He did not say he would “sell the club for £1,” he actually said he would “sell the fan’s couch for £1.” He then told me I was £69,999,999 short on the rest. I’ve come up with another £99 but am worried it won’t get the job done. 

paulie8290

NapaAddick said:

KiwiValley said:

My intel is telling me that it is a consortium of @colin1961? @DOUCHER @NapaAddick and the real reason they dropped off the thread is now apparent.

I tried to purchase the club for the £1 that RD mentioned in the press but I discovered that he was misquoted. He did not say he would “sell the club for £1,” he actually said he would “sell the fan’s couch for £1.” He then told me I was £69,999,999 short on the rest. I’ve come up with another £99 but am worried it won’t get the job done. 

Hey @ForeverAddickted another one to join our consortium maybe? if we let @NapaAddick join what will we have then?

queensland_addick

AFKABartram said:

Would take a punt this mystery banker bid will have a familiar face (in Charlton terms) attached to it

David Campbell or Paul Miller perhaps 

guinnessaddick

i_b_b_o_r_g said:

My only worry is that this person is a FORMER banker, implying that s/he weren't that good at it. 

Answer the question yourself, as you’re a former shopkeeper, I believe.

Redhenry

I don’t have any info but my guess is Mark Warburton

iaitch

Cue a lot of bread puns.

guinnessaddick

Redhenry said:

I don’t have any info but my guess is Mark Warburton

Heard he’s got a lot of bread.

iaitch

I rest my case.

KiwiValley

@iaitch that kind of challenge will certainly seperate the wheat from the chaff 

Laddick01

Brilliant, now we’re on wheat related puns. Whoever it is needs to wrap this deal up quickly.

Henry Irving

Everyone will want a slice of this deal.

iaitch

Laddick01 said:

Brilliant, now we’re on wheat related puns. Whoever it is needs to wrap this deal up quickly.

We're glutens for punishment.

CharltonKerry

Has he got the dough?

Charlton_Stu

Only if he's got enough dough.

nth_london_addick

nth_london_addick

I Don’t believe a word of any of it