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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Covered EndCovered End
    carly burn said:
    Covered End said:
    Can anyone explain the following?
    The Aussies arrived on the scene in April 2017. Their website at the time said they had £33M to buy a club.

    Some time later RD & the Aussies made a joint statement on the O/S saying a price had been agreed & this has been repeated numerous times.

    The price was alleged to have been around £65M and other offers have been turned away.

    The Aussies filed papers with the EFL and turned up at last seasons play offs wearing scarves. 

    Yet another year later it is suggested they had & still have the funds to proceed, but the price has mysteriously halved to what was agreed and yet they still haven't done thr deal at half the agreed price and are possibly arguing over a £7M figure. 
      Don't remember £33m being stated anywhere. 
     They were still looking for capital when I spoke to them and that was long after they first came on the scene. Late Summer 2017 I think.
    £5m would have got you a seat at the table back then.
      The ownership structure they had come up with was always going to create problems.
     A couple of £5-10 m investees walk away because they don't like the sound of something and they're scratching around again. Would have been a bloody nightmare had they managed to buy the club first!

     Although they sounded like a nice bunch, the whole Aussie thing sounded like another bloody experiment.
    The £33M figure came from a Callum comment on page 1 of this thread. 
  • FumbluffFumbluff
    Ultimatum said:
    BR7_addick said:

    Quite like that he takes the time to reply to me (I’m sure he would anyone else). His hopes of it not happening seem to be dwindling away
    Did you used to be in Spandau Ballet?
  • ScohamScoham
    nth london addick said:
    flyingkiwiDK said:
    Scoham said:
    Laddick01 said:
    So price for the club agreed I’m assuming? 

    Debating Loans and whole payment/staggered payments I’m guessing.

    Feels like that shouldn’t be too much of an issue but at this point I don’t even know.
    13th June the Welsh journalist sent a message to someone from the forum that shall not be named.

    "Issues over taking over debt and something to do with training ground are complicating it.".

    I assume that RD wants some of the money owed to him left as debt. What could the issue around the training ground be?

    Perhaps he thinks he can hold on to the training ground?


    I raised this issue months ago as a concern however I am now convinced RD wants nothing to do with us once he sells and is not looking to be involved at all 
    Are you including the club having debt owed to him in that?
  • soapboxsamsoapboxsam
    edited June 2019
    Dazzler21 said:
    soapboxsam said:
    hoof_it_up_to_benty said:
    It is possible to get an even worse owner than RD.....
    Yes. The hedge fund manager at Coventry,
    or the dreaded Father and son at Blackpool until recently. Only two out of 90 though !
    Wasn't it father and daughter?
    Owen Oyston  was sentenced to 3 years for rape of a 16 year old girl, so his Son Karl then took over and Natalie was made Chairwoman.
  • UltimatumUltimatum
    The training ground upgrades RD was carrying out/planning to carry out ever get finished? Maybe if they’re unfinished the new buyer wants the price adjusted etc... for the unfinished work? 
  • killerandflashkillerandflash
    soapboxsam said:
    hoof_it_up_to_benty said:
    It is possible to get an even worse owner than RD.....
    Yes. The hedge fund manager at Coventry,
    or the dreaded Father and son at Blackpool until recently. Only two out of 90 though !
    Bolton who had to forfeit a game last season
    Bury who are in a complete mess despite promotion
    The likes of Leyton Orient and Stockport who crashed out of the league under previous mad owners
    Northampton where money invested by the council for a new stand has vanished...

  • SouthLincsAddickSouthLincsAddick
    Scoham said:
    Laddick01 said:
    So price for the club agreed I’m assuming? 

    Debating Loans and whole payment/staggered payments I’m guessing.

    Feels like that shouldn’t be too much of an issue but at this point I don’t even know.
    13th June the Welsh journalist sent a message to someone from the forum that shall not be named.

    "Issues over taking over debt and something to do with training ground are complicating it.".

    I assume that RD wants some of the money owed to him left as debt. What could the issue around the training ground be?
    Does he just mean the £7m owed to the ex-directors and the charges they have over the ground and training ground. That old chestnut!
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  • killerandflashkillerandflash
    While this 1st July date might be convenient for the accounts, it's hardly a fixed deadline. Very few takeovers are made on that date, they happen when they happen
  • Dazzler21Dazzler21
    Surely we're at 1799 by now
  • FerrymanFerryman
    Nothings changed then, unrealistic valuation, can't agree price etc etc.
  • creepyaddickcreepyaddick
    edited June 2019
    .
  • CheshireAddickCheshireAddick
    Could this be the reason why news of new signings is slow so far this week?, bearing in mind how many (4?) are supposed to be coming in the week - know it's only Tuesday though
  • ricky_ottoricky_otto
    edited June 2019
    flyingkiwiDK said:
    king addick said:
    Scoham said:
    Already been posted but as recently as 6 May the Aussies were still looking for investors to join them.

    https://wholesaleinvestor.com.au/australian-football-consortium-in-the-running-to-buy-english-league-one-team-charlton-athletic/
    Theres a group I know but the money isn't exactly above board....
    Is that Lennie Lawrence on the far right?
    And one of elfsborg addick’s old birds on the far left.
  • ElfsborgAddickElfsborgAddick
    ricky_otto said:
    flyingkiwiDK said:
    king addick said:
    Scoham said:
    Already been posted but as recently as 6 May the Aussies were still looking for investors to join them.

    https://wholesaleinvestor.com.au/australian-football-consortium-in-the-running-to-buy-english-league-one-team-charlton-athletic/
    Theres a group I know but the money isn't exactly above board....
    Is that Lennie Lawrence on the far right?
    And one of elfsborg addick’s old birds on the far left.
    ricky_otto said:
    flyingkiwiDK said:
    king addick said:
    Scoham said:
    Already been posted but as recently as 6 May the Aussies were still looking for investors to join them.

    https://wholesaleinvestor.com.au/australian-football-consortium-in-the-running-to-buy-english-league-one-team-charlton-athletic/
    Theres a group I know but the money isn't exactly above board....
    Is that Lennie Lawrence on the far right?
    And one of elfsborg addick’s old birds on the far left.
    And you with hair standing up.
  • FumbluffFumbluff
    Ultimatum said:
    The training ground upgrades RD was carrying out/planning to carry out ever get finished? Maybe if they’re unfinished the new buyer wants the price adjusted etc... for the unfinished work? 
    There’s a drinks machine that hasn’t been refilled there either...
  • UboatUboat
    nth london addick said:
    flyingkiwiDK said:
    Scoham said:
    Laddick01 said:
    So price for the club agreed I’m assuming? 

    Debating Loans and whole payment/staggered payments I’m guessing.

    Feels like that shouldn’t be too much of an issue but at this point I don’t even know.
    13th June the Welsh journalist sent a message to someone from the forum that shall not be named.

    "Issues over taking over debt and something to do with training ground are complicating it.".

    I assume that RD wants some of the money owed to him left as debt. What could the issue around the training ground be?

    Perhaps he thinks he can hold on to the training ground?


    I raised this issue months ago as a concern however I am now convinced RD wants nothing to do with us once he sells and is not looking to be involved at all 
    You seemed to imply in an earlier post that you were concerned that the Aussies might pip Dalman. How could thay happen if they haven't got the money?
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  • i_b_b_o_r_gi_b_b_o_r_g
    Uboat said:
    nth london addick said:
    flyingkiwiDK said:
    Scoham said:
    Laddick01 said:
    So price for the club agreed I’m assuming? 

    Debating Loans and whole payment/staggered payments I’m guessing.

    Feels like that shouldn’t be too much of an issue but at this point I don’t even know.
    13th June the Welsh journalist sent a message to someone from the forum that shall not be named.

    "Issues over taking over debt and something to do with training ground are complicating it.".

    I assume that RD wants some of the money owed to him left as debt. What could the issue around the training ground be?

    Perhaps he thinks he can hold on to the training ground?


    I raised this issue months ago as a concern however I am now convinced RD wants nothing to do with us once he sells and is not looking to be involved at all 
    You seemed to imply in an earlier post that you were concerned that the Aussies might pip Dalman. How could thay happen if they haven't got the money?
    Peter Jones might have seen the - https://wholesaleinvestor.com.au/australian-football-consortium-in-the-running-to-buy-english-league-one-team-charlton-athletic/ - said "I'm in", then said "I'm out" again
  • happyvalleyhappyvalley
    1799, William Pitt the Younger introduces income tax of 2 shillings in the pound to find The Napoleonic Wars.
  • Henry IrvingHenry Irving
    Close to page 1800
  • WheresmeticketWheresmeticket

    "Based on a Deloitte Feasibility study, AFC will incorporate the best global sports management and science practices. AFC also plans to create a world-class training facility at the training ground to develop young talent.

    The Australian Football Consortium is currently raising capital. Register your interest at the button below."

    Oh god.  They have a system all worked out.  oh god oh god oh god.
  • soapboxsamsoapboxsam
    edited June 2019
    killerandflash said:
    soapboxsam said:
    hoof_it_up_to_benty said:
    It is possible to get an even worse owner than RD.....
    Yes. The hedge fund manager at Coventry,
    or the dreaded Father and son at Blackpool until recently. Only two out of 90 though !
    Bolton who had to forfeit a game last season
    Bury who are in a complete mess despite promotion
    The likes of Leyton Orient and Stockport who crashed out of the league under previous mad owners
    Northampton where money invested by the council for a new stand has vanished...

    TBF  I did know there are quite a few more shite owners than the shitweasel but thought  I would leave it to others to point it out ! Thanks for being there for me.
  • i_b_b_o_r_gi_b_b_o_r_g
    Wheresmeticket? said:

    "Based on a Deloitte Feasibility study, AFC will incorporate the best global sports management and science practices. AFC also plans to create a world-class training facility at the training ground to develop young talent.

    The Australian Football Consortium is currently raising capital. Register your interest at the button below."

    Oh god.  They have a system all worked out.  oh god oh god oh god.
    RD had a "system" all worked out, remember?
  • i_b_b_o_r_gi_b_b_o_r_g
    ...or is that a whooosh
  • UboatUboat
    i_b_b_o_r_g said:
    Wheresmeticket? said:

    "Based on a Deloitte Feasibility study, AFC will incorporate the best global sports management and science practices. AFC also plans to create a world-class training facility at the training ground to develop young talent.

    The Australian Football Consortium is currently raising capital. Register your interest at the button below."

    Oh god.  They have a system all worked out.  oh god oh god oh god.
    RD had a "system" all worked out, remember?
    Which bit of their statement don't you like?
  • MacronateMacronate
    blackpool72 said:
    Just sell the club and FUCK OFF 
    This.

    Ffs, how much longer?
  • Dazzler21Dazzler21
    Deloitte might have been good once, but they're bloody shite now. Worked with them a number of times of late - Mainly their digital branch mind.
This discussion has been closed.

Roland Out Forever!