The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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KBslittlesis said:So it’s the ex directors loans holding up the sale then?
and why bring up the Varney thing?
I’m so confused!
Well Ebbsfleet arent looking to great and RD hates Varney so he is clearly showing he is superior in every way possible...just a dick basically.3 -
So the news is still that there is absolutely no news?flyingkiwiDK said:1 -
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Because it's Duchatelet and - among other things - he's a paranoid obsessive.....KBslittlesis said:So it’s the ex directors loans holding up the sale then?
and why bring up the Varney thing?
I’m so confused!2 -
My interpretation is we're close to being sold but he's also thrown Bowyer under the bus has his excuse ready for when Bowyer walks away.
And it was the Ebbsfleet owner that previously tried to buy us?0 -
Just what I was asking Airman about....
‘Following the win, I was filled with hope as one of the parties interested in buying the club wanted to move forward quickly to complete the purchase of the club. They want to solve the issue of the ex-directors loans first, which I can understand but may take time. In this respect I would like to thank Richard Murray, Sir Maurice Hatter, David White and David Hughes for their cooperation during this process.
The delay is frustrating, because the fact Charlton are now back in the Championship should increase our chances of being sold and now, with the summer transfer window opening, is the right time to acquire a club.’
It’s the loans now causing the holdup. Why must it ‘take time’. You’ve already had two years Roland!
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So it’s still the Aussies then if you had an idea it was the loans causing the hold up?JamesSeed said:Just what I was asking Airman about....‘Following the win, I was filled with hope as one of the parties interested in buying the club wanted to move forward quickly to complete the purchase of the club. They want to solve the issue of the ex-directors loans first, which I can understand but may take time. In this respect I would like to thank Richard Murray, Sir Maurice Hatter, David White and David Hughes for their cooperation during this process.
The delay is frustrating, because the fact Charlton are now back in the Championship should increase our chances of being sold and now, with the summer transfer window opening, is the right time to acquire a club.’
It’s the loans now causing the holdup.
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Is that ex-director still yawning on Twitter?2
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Couldn't RD sort the loans out if he wanted to?1
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And also the loans won't take that long just give them their money back.4
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What's the actual issue with the directors loans?JamesSeed said:Just what I was asking Airman about....‘Following the win, I was filled with hope as one of the parties interested in buying the club wanted to move forward quickly to complete the purchase of the club. They want to solve the issue of the ex-directors loans first, which I can understand but may take time. In this respect I would like to thank Richard Murray, Sir Maurice Hatter, David White and David Hughes for their cooperation during this process.
The delay is frustrating, because the fact Charlton are now back in the Championship should increase our chances of being sold and now, with the summer transfer window opening, is the right time to acquire a club.’
It’s the loans now causing the holdup.
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Are the loans really that huge of an issue here? How much are we actually talking about?JamesSeed said:Just what I was asking Airman about....‘Following the win, I was filled with hope as one of the parties interested in buying the club wanted to move forward quickly to complete the purchase of the club. They want to solve the issue of the ex-directors loans first, which I can understand but may take time. In this respect I would like to thank Richard Murray, Sir Maurice Hatter, David White and David Hughes for their cooperation during this process.
The delay is frustrating, because the fact Charlton are now back in the Championship should increase our chances of being sold and now, with the summer transfer window opening, is the right time to acquire a club.’
It’s the loans now causing the holdup.
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re Directors loans - he's dumped a couple of people in it right there hasn't he. We can assume those mentioned, who he thanks, are playing ball from which I assume the others are not. Also confirms recent rumours that ex director loans are holding up a sale **
** assuming Roland can be believed.
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And which ex directors are not on Roland list? Bob Whitehand maybe? Are the ones on his list the ones who are co-operating, and the ones who aren’t the ones causing the delay?0
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I’ve heard the price has now been agreed by the way. (Not from Aussies).4
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Keep an eye out on Bob Whitehead’s Twitter feed later. He’s bound to retaliate.6
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Not that I am an RD fan, But do I get the impression that we are now coming towards the end game. Even by RD's standards that was a polite update and he has given us more than what was hoped without revealing who they are. Does this now mean that the people wanting to purchase the club with NDA in place now happy for RD to confirm that they are now moving forward with the purchase of the sale and if they can all the Directors agree to their loans then final papers will be submitted to the EFL for approval and the Sale can go through. Why the need to pay off all of the Directors loans? Is it possible they can move forward with 4 of them paid off and 3 still in place.3
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Roland lets be clear the ONLY thing holding up the sale is YOUR unrealistic asking price----spin all you want but the problem is YOU and your EGOfucking end of8
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I imagine the price and the price + director debt are different things, inheriting (I think) £7 million off the bat isn’t something a sane businessman is going to want to do.2
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Ok cheers. Your mate obviously has a restraining order against you now.JamesSeed said:
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I think not.Rudders22 said:Not that I am an RD fan, But do I get the impression that we are now coming towards the end game. Even by RD's standards that was a polite update and he has given us more than what was hoped without revealing who they are. Does this now mean that the people wanting to purchase the club with NDA in place now happy for RD to confirm that they are now moving forward with the purchase of the sale and if they can all the Directors agree to their loans then final papers will be submitted to the EFL for approval and the Sale can go through. Why the need to pay off all of the Directors loans? Is it possible they can move forward with 4 of them paid off and 3 still in place.0 -
Fundraiser to get rid of him quicker here we go0
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He says it’s the directors loans. Maybe that’s all that’s left to sort outGoonerhater said:Roland lets be clear the ONLY thing holding up the sale is YOUR unrealistic asking price----spin all you want but the problem is YOU and your EGOfucking end of0 -
ok thar rules that out then.JamesSeed said:
I think not.Rudders22 said:Not that I am an RD fan, But do I get the impression that we are now coming towards the end game. Even by RD's standards that was a polite update and he has given us more than what was hoped without revealing who they are. Does this now mean that the people wanting to purchase the club with NDA in place now happy for RD to confirm that they are now moving forward with the purchase of the sale and if they can all the Directors agree to their loans then final papers will be submitted to the EFL for approval and the Sale can go through. Why the need to pay off all of the Directors loans? Is it possible they can move forward with 4 of them paid off and 3 still in place.
Am I right in reading between the lines it is the Aussies now moving towards the sale (and the owners from Ebbsfleet ruled out (or he thinks).
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Apparently that’s the case. And only a couple of directors?CafcSCP said:
He says it’s the directors loans. Maybe that’s all that’s left to sort outGoonerhater said:Roland lets be clear the ONLY thing holding up the sale is YOUR unrealistic asking price----spin all you want but the problem is YOU and your EGOfucking end of1 -
I understand the price has been agreed for ages but I don’t totally understand why this issue of the directors loans keeps coming up - it appears that some of the directors - presumably the ones mentioned in Rolands ramble have agreed to a haircut on their loans - I heard 50% plus but the others not mentioned won’t agree to a haircut and you can’t treat different loan holders differently hence the impasse. I guess that not unreasonably the Aussies ( that’s who it still is ) want clear title on the whole club bearing in mind they are having to pay a ridiculously high price in the first place. You really would have thought that given that Roland stands to continue to lose £5-7m a year he’d just cough up a compromise to get the deal over the line - but he’s not a mean billionaire for nothing3
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Wow that’s pretty ambiguous James. Do you work for the Labour Party ?JamesSeed said:I’ve heard the price has now been agreed by the way. (Not from Aussies).6 -
May turn out not to be true. I think price finally sorted.Goonerhater said:Roland lets be clear the ONLY thing holding up the sale is YOUR unrealistic asking price----spin all you want but the problem is YOU and your EGOfucking end of1 -
Quite right. It's hard enough to turn a profit on a football investment as it is. Putting yourself another £7m in the hole before you even start shouldn't stack up with any sensible buyer.cafc_harry said:I imagine the price and the price + director debt are different things, inheriting (I think) £7 million off the bat isn’t something a sane businessman is going to want to do.
Roland is hoping someone as dumb as he was in 2014 would buy the club and take the loans on that he never knew about and his non-existent DD didn't turn up. Roland could solve this problem tomorrow by paying off the £7m debt that he took on by result of his own incompetence. Let's call it his penance. That would seem fair to me.7
