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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • edited July 2019
    That post earlier goes along with what GM told me.

    It's all Micky mouse and their plans for moving the club forward is pie in the sky stuff.

    Hope they get nowhere near it.


    It also fits in with why they've hung about so long and continue to do so.

    No other club with some sanity at board level would go near them.

    Bunch of chancers and I've had more than my fill of them!
  • If that is true then I hope the Aussies don't complete a deal as really don't think we would survive being another experimental project
  • edited July 2019
    Just seen the following on the other site written by someone called addicknz:


    I dont post that often, and have mentioned before that I worked for both Australian and NZ Football a few years back. I have been in contact with them again for work reasons and happened to have a conversation about the Aussies trying to buy the Addicks.

    It was explained to me that the group responsible for the purchase are showing an interest in a number of clubs globally of which Charlton is just one. They have never had any cash for the purchase and use negotiations with a football club as leverage to generate investors' interest. As things stand currently they have not managed to secure enough investment/interest to purchase a football club. Charlton has engaged with the Aussies more than any of their previous attempts and consequently they feel that they have a better chance of a purchase.

    However there is still a massive hole in the funds available to purchase and it is thought unlikely that this will change. The investment model is multiple shareholders, of which non are independently wealthy enough to purchase the club. There are also questions over the ability to continue to support the club financially, post purchase (there are no plans to look for additional funds once sale is complete).

    There is a Utopian view that once the sale is complete, the club will be launch pad for Aussie players trying to make it in the UK. The impact of this strategy on both Academy and player purchase is untested, but the concerns over ongoing finance after point of sale suggest that this has also has a cost saving approach (a bit like RD and his 'network' a while back).

    The person I spoke with has no axe to grind and I dont doubt his info, but whether it is common knowledge or poetic license I am unsure.



    IF that is true then don't want them anywhere near us. Recipie for disaster and using negotiations to generate interest is like @AFKAbartram rounding a few up on here for a meeting with the club with a view of raising funds for acquisition and more importantly running costs after.

    Sounds proper dodgy IF this is true and more perilous than current ownership...who as a one man clownshow has to at least pay the bills to stand any chance of seeing any return on investment.

    A consortium of random strangers looking for financial return poses great threat to going concern if one or two pull out after sale and withdraw future investment.

    Can't imagine many will commit 5 years worth of funding at the outset so really alarms me reading this sort of stuff as seems an inherently flawed model and hugely risky for the good of CAFC.


  • edited July 2019
    Taxi_Lad said:
    Croydon said:
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    Has any other club sale been as complicated and drawn out as this one? Even I was beginning to blame the Aussies, but now the evidence points in another direction. If Dalman walks away you have to think this could literally go on for years.
    So even you have lost faith in the Aussies then?
    No, but they refuse to pay more than they think the club is worth.
    Roland reduced the price and then upped it again. He's playing games.
    But I guess I might prefer someone who was so rich they wouldn't care what the price was, but that's not realistic.
       Why don't they just walk away then?

    How much more time can they afford to waste? There are other clubs for sale.
    I suppose because they’ve invested so much money in lawyers’ fees unravelling the historic legal issues. Over a million. Walking away wouldn’t make sense when you might be days away from Roland getting real. (I know, unlikely!)

    It’s only Murphy who’s involved in negotiations, and he has other business interests. I think they have their bid lodged, and it’s up to Roland to say yes or no, rather than maybe.

    So it’s not a 24/7 thing for GM. Probably just 4% of his time ;-)
    I know you're trying to be cute with that 4% comment but I don't find that funny at all. 
    Get a grip
    Jokes about lack of interest in the club from the unofficial mouthpiece of the Aussies just don't sit well with me, we've already got doubts over their involvement.
  • edited July 2019
    Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    It is getting a bit repetitive, going over the same old ground over and over again. Some people on CL post more than they read I suspect. 

    Bundesliga model is an interesting one, but there’s not much chance of it being used in English football unfortunately, not without some sort of national debate about football taking place.
    Aussies (who are wonderful and above reproach) are interested in a membership model, as you’ll all remember of course from my post about five years ago. 
  • Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    Is there? 
  • JamesSeed said:
    Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    It is getting a bit repetitive, going over the same old ground over and over again. Some people on CL post more than they read I suspect. 

    Bundesliga model is an interesting one, but there’s not much chance of it being used in English football unfortunately, not without some sort of national debate about football taking place.
    Aussies (who are wonderful and above reproach) are interested in a membership model. 
    As long as you bring £ a million or two to the party.
  • JamesSeed said:
    Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    It is getting a bit repetitive, going over the same old ground over and over again. Some people on CL post more than they read I suspect. 

    Bundesliga model is an interesting one, but there’s not much chance of it being used in English football unfortunately, not without some sort of national debate about football taking place.
    Aussies (who are wonderful and above reproach) are interested in a membership model, as you’ll all remember of course from my post about five years ago. 
    If the Aussie's agreed a deal and then subsequently spent £1M on legal fees, then RD moved the goalposts, can't they invoice him for the wasted time/money?
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  • Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    Is there? 
    Er. yeah.
  • Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    Is there? 
    Er. yeah.
    Sorry mate, completely missed them. I know there was someone post a oneliner on this thread a couple of days ago about RD now going in the right direction 're. Bowyer and a couple of singing, or something,  but other than that I get the feeling that the dislike and distrust in RD and everyone associated with him was pretty much 100%
  • Just seen the following on the other site written by someone called addicknz:


    I dont post that often, and have mentioned before that I worked for both Australian and NZ Football a few years back. I have been in contact with them again for work reasons and happened to have a conversation about the Aussies trying to buy the Addicks.

    It was explained to me that the group responsible for the purchase are showing an interest in a number of clubs globally of which Charlton is just one. They have never had any cash for the purchase and use negotiations with a football club as leverage to generate investors' interest. As things stand currently they have not managed to secure enough investment/interest to purchase a football club. Charlton has engaged with the Aussies more than any of their previous attempts and consequently they feel that they have a better chance of a purchase.

    However there is still a massive hole in the funds available to purchase and it is thought unlikely that this will change. The investment model is multiple shareholders, of which non are independently wealthy enough to purchase the club. There are also questions over the ability to continue to support the club financially, post purchase (there are no plans to look for additional funds once sale is complete).

    There is a Utopian view that once the sale is complete, the club will be launch pad for Aussie players trying to make it in the UK. The impact of this strategy on both Academy and player purchase is untested, but the concerns over ongoing finance after point of sale suggest that this has also has a cost saving approach (a bit like RD and his 'network' a while back).

    The person I spoke with has no axe to grind and I dont doubt his info, but whether it is common knowledge or poetic license I am unsure.


    He’s got his wires crossed. The buyers include Andrew Muir, a rich Indian cricket investor and a yank. AFTER the sale they want to introduce a system where ordinary people can also invest in the club, the sort of people who could never afford to buy the club outright on their own (S. Jordan for example). Doesn’t sound like a ridiculous plan, but I’m no expert. 

    I queried the Aussie players angle way back when, and was told the only Aussies they’d be interested in signing would be from the top drawer. And there were none at that time deemed good enough. 
    However, there has been a historic problem with top young Aussie talent failing to settle outside of Australia, partly because of homesickness, and I wouldn’t be surprised if they’d look at the Charlton youth system as a place where two or three might be able to settle in. Personally I wouldn’t have a problem with that if they were good enough. Obviously a fair percentage already fall by the wayside under the current system, so can’t see it would necessarily do any harm. 
    I’m not aware that they’ve looked at any other clubs other than Fulham.

    They have never had any cash for the purchase and use negotiations with a football club as leverage to generate investors' interest.’
    This bit is just wrong. Yes, Muir hasn’t given Murphy ten million quid to put in a CAFC related bank account, but has the funds available for when the sale is finalised. And the generation of interest is for the smaller investors further down the line, NOT for the purchase of the club.

  • I think some people's hatred of RD overrides any scepticism of anyone else sniffing around, including Dalman, the Assies, the Chinese etc. 

    As much as I can't stand the bloke, with regards to the Aussies, the 2 year delay can't just be down to RD or they would've  surely / rightly walked with the rest months ago imo.
    agree with this.  still question the aussies' financial viability 
  • Redhenry said:
    DOUCHER said:
    have never named any of my sources  
    I thought it was Bexley Boy from the other site.... :smiley:
    What's the apply @Redhenry, you must know something?
  • Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    Its not people ‘not wanting’ to discuss it, it’s the fact that the whole thing has been covered over and over again, but the same questions keep being asked because, I can only assume, people to read the replies. 
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  • JamesSeed said:
    That post earlier goes along with what GM told me.

    It's all Micky mouse and their plans for moving the club forward is pie in the sky stuff.

    Hope they get nowhere near it.


    It also fits in with why they've hung about so long and continue to do so.

    No other club with some sanity at board level would go near them.

    Bunch of chancers and I've had more than my fill of them!
    What’s your real name mate?
      Carly.
    Put me down for £500

    Your so vain Simon
  • JamesSeed said:
    Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    We can discuss pros and cons of potential owners for eternity but we as fans have no say in who buys the club and only limited say in how a club is run. Bring on the Bundesliga model where the clubs members still hold a majority of voting rights.

    As an occasional reader on this forum, the outsider impression is there's a contingent who consistently bash the Aussie bid with sweeping statements based on no evidence what so ever, or taking the word of Roland and his lackies as gospel.
    It is getting a bit repetitive, going over the same old ground over and over again. Some people on CL post more than they read I suspect. 

    Bundesliga model is an interesting one, but there’s not much chance of it being used in English football unfortunately, not without some sort of national debate about football taking place.
    Aussies (who are wonderful and above reproach) are interested in a membership model. 
    As long as you bring £ a million or two to the party.
    No, membership more like the Atlanta soccer team or Barcelona possibly. 
    I don’t think everybody involved in Barcelona has put in millions have they? Only asking because I don’t know. 
  • The Australians havn’t put in millions either
  • It’s nice that we have something else to be split about though, other than Brexit. 
  • JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    Has any other club sale been as complicated and drawn out as this one? Even I was beginning to blame the Aussies, but now the evidence points in another direction. If Dalman walks away you have to think this could literally go on for years.
    So even you have lost faith in the Aussies then?
    No, but they refuse to pay more than they think the club is worth.
    Roland reduced the price and then upped it again. He's playing games.
    But I guess I might prefer someone who was so rich they wouldn't care what the price was, but that's not realistic.
       Why don't they just walk away then?

    How much more time can they afford to waste? There are other clubs for sale.
    I suppose because they’ve invested so much money in lawyers’ fees unravelling the historic legal issues. Over a million. Walking away wouldn’t make sense when you might be days away from Roland getting real. (I know, unlikely!)

    It’s only Murphy who’s involved in negotiations, and he has other business interests. I think they have their bid lodged, and it’s up to Roland to say yes or no, rather than maybe.

    So it’s not a 24/7 thing for GM. Probably just 4% of his time ;-)
    So I’m assuming JS that they have submitted the outstanding piece of paperwork that the club said the EFL needed back in June 2018?
    ‘The club said’, or Lieven/Roland said?
    Don't they represent the club?
    I'll always argue that we, the fans, are the club but in this context the pair of incompetents De Turck and Duchatelet and "the club" are the same thing ie the regime that owns the business.

    Point is the regime said it was only some paperwork to the EFL holding up the deal.  

    Like they said David White had agreed to be flexible with his bond.

    Like they said the bonds maybe time limited

    Like they said the protests were only 2% of the fans

    The regime lies quite a lot and the submit paperwork to EFL might just be one of them. Why does anyone believe what the regime says?

    I really wish the Aussies would do what Dalman has done and brief the press off the record to put their side of the story.  That would be biased and slanted in their favour just as all briefings are but at least we'd have more information.

    I've never got the hatred/mistrust of the Aussies because I just don't know enough about them.

    That doesn't mean I'm not cautious about them, their funding or their intentions because I am.  I'm equally cautious about Dalman (who were his backers? what were/are his plans?) and any other buyers.

    But let's not use the lies of the regime as evidence against the Aussies or anyone else.  That is what Duchatelet wants.

    Duchatelet wants the fans to blame the ex-directors for the delay, not him.

    Duchatelet wants the fans to blame the Aussies for the delay, not him.
    Yes the club lies, as much, if not more than it tells the truth, but they still said it and it was 'kinda' backed up by the EFL, who would have no reason to lie.
    The EFL said they'd investigate the unpaid bonuses and the situation at Charlton.  No reason to lie?


    As you say the EFL only "kinda" backed up what the regime said 

    @pragueaddick said that "the EFL told three CAST delegates, of which I was one, in late October, that they had not submitted all the paperwork at that time."

    Not "The lack of paperwork is the only thing holding up the deal."

    I reiterate, I think the Aussies and GM have brought a lot of this on themselves by being so secretive and by issuing joint statements with the regime.  It's natural to question them after so long but overriding all of that is that Duchatelet is the liar and Duchatelet is the problem.

    That part is 100% correct.

    However with regards to the bonuses, it would appear the did investigate, they even told RD paying the bonuses would be a great way to build 'goodwill', what else did you expect them to do? They can't make RD pay something he's not legally bound to pay. Not sure that's a lie, it's just not what we wanted, although it's what some of us expected.
    They could have been honest and say that they DID see written evidence that the bonuses were not contingent with company profitability. 

    They saw it when it was handed to them.  The evidence was so strong that even Chris Parkes, who was at the meeting, accepted it and said he'd speak to LDT about it.

    They can't make Duchatelet pay but they sure could have done a lot more. They certainly lied when they said they hadn't seen evidence.
    What more could they have done? As far as I'm aware the EFL are pretty toothless, which is a shame when you consider how many clubs are affected by batshit owners.

    I also wonder why we've seen no further action from staff if they were indeed legally entitled to those bonuses, although it's really not really any of our business, so they may want to just get on with their lives, not how I'd go about it personally, but it's not on me.
    They could be be honest and not lied.

    They could have said that the evidence they had seen supported the staff and not Duchatelet's position.

    The question about "wonder why we've seen no further action from staff if they were indeed legally entitled to those bonuses" comes over as victim blaming. "Oh, they stopped complaining so they can't have a case".

    That may not mean what you meant but that's how it reads.  We know they work for a lying, vindictive owner, maybe they don't want to be forced out of their jobs.
    Certainly not how I meant it to come across but I thought there are laws against forcing people out of jobs after valid complaints.
    Thanks for clarifying, I thought that wasn't like you.

    There are laws and employers ignore them.

    Some staff tried to fight it and still aren't happy

  • I've believed all along that the Aussies don't have the cash.
    Muir could obviously afford to buy Charlton on his own but he has stated he only wants to invest a small amount. 
    Without Muir putting up a substantial amount the rest of the consortium just don't have the fund.
    All the Aussies are achieving I'm my opinion is confusing the whole situation. 
    I would rather they walk and let someone else have a go at buying us.
  • JamesSeed said:
    Wow, all this Aussie bashing. Astonishing!

    Roland is the problem, as Dalman and every other bid is finding.
    It's not "Aussie bashing", and what I find astonishing is people not wanting to discuss the pros end cons of any potential  new owner, but just being content on the present one going. Especialy after the last two..
    Its not people ‘not wanting’ to discuss it, it’s the fact that the whole thing has been covered over and over again, but the same questions keep being asked because, I can only assume, people to read the replies. 
    So this faultless Group, have no question marks hanging over them whatsoever, and any questions that have been asked have been sufficiently dealt with?
  • Uboat said:
    The bloke says none of the Aussies involved has enough money to buy the club. If Muir is involved then that's obviously wrong and casts doubt on the rest of his post. 
    Not really as Muir has stated he only wants to put in about 10 % of the money.
    Unless he changes his mind the rest don't have the money. 
  • Uboat said:
    The bloke says none of the Aussies involved has enough money to buy the club. If Muir is involved then that's obviously wrong and casts doubt on the rest of his post. 
    Yeah but we keep also being told that it don't matter what one is worth, he might only want to invest £1m
This discussion has been closed.

Roland Out Forever!