The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

Starinnaddick

I would hazard a guess that the other two business partners are the real brains of the outfit.

N01R4M

TRANSLATION

LIFETIME ACHIEVEMENT AWARD IS FOR ROLAND DUCHÂTELET
DOMINIEK CLAESDECEMBER 11, 2017
In line with Jean-Baptiste Claes (JBC), this year we also issue a Lifetime Achievement Award to an entrepreneur who has been of great importance to Limburg with his business career. And the winner is ... Roland Duchâtelet!

Roland Duchâtelet (71) lives alternately in Sint-Truiden, close to 'his' Stayen, and Antwerp. "But I feel" more Limburger than Antwerp, "he says immediately. "I sometimes call myself an adoption citizen." I like to live here in Sint-Truiden. It is a great city, where there is much to experience. And yet you're here on the outside in a few minutes. "Ludwig Verduyn's specialized website, 'The Richest Belgians', has ranked him among the ten richest Belgians, with an estimated capacity of € 1.6 billion, says Duchâtelet. unimportant. "Are Ludwig Verduyn's figures correct? I do not know. I'm not working on that. "

Roland Duchâtelet was born in 1946 in Antwerp. His father was a gendarmerie officer in Liège, but had to move to Antwerp for his career. "I only lived in Antwerp for two years", says Duchâtelet almost apologetically. "My parents then moved to Mechelen." He graduated as an engineer at KU Leuven and subsequently worked for various factories. "At the time, I was already very concerned with entrepreneurship, although it was rather internal", he remembers. "At a certain moment I was working in a German company, together with Rudi De Winter and Françoise Chombar. With the three of us, we later established an engineering firm. Actually that was the predecessor of Melexis. "

Françoise Chombar and Rudi De Winter are also the permanent business partners of Roland Duchâtelet in other companies. Together they work directly and indirectly on some 7,000 people. This empire manages the Truiense businessman through his holding company Elex. For example, he controls 90 percent of the international group Fremach, producer of plastic parts with headquarters in Diepenbeek and 1,350 employees worldwide.
Another important pivot company is Xtrion, half owned by Elex and the other half by the duo Chombar-De Winter. Xtrion is the dome above the well-known company groups Melexis with 1,600 employees worldwide, and X-Fab. X-Fab has its address in Tessenderlo, but the actual chip factories, now six in total, are located in Germany, France, Malaysia and the USA. The group of companies employs some 3,800 people, including the 965 people of the French Altis, which Duchâtelet & Co took over at the end of 2016.

Duchâtelet is also co-shareholder of the Truiense call center Callexcell of Karin Van De Velde. That already counts 570 employees, and is looking for another 120 people.
Roland's partner, Marieke Höfte, also owns the Stayen stadium and the buildings around it. Around 1,000 people already work in all shops and activities around the stadium. "And that without a cent subsidy," said Duchâtelet.

As a hobby he still has three football clubs with the German Carl Zeiss Jena, the Spanish AD Alcorcón, the British Charlton Athletic. The Hungarian Újpest is now in the hands of his son Roderick. And as is known, he sold STVV for the second time, this time at the Japanese DMM.com.

(You can read the entire interview in Het Belang van Limburg on Tuesday)

stonemuse

Proves what we always knew ... just a hobby!

No thought for the fans and how much the club means to us.

As long as he has his ‘toy’ to play with and his ‘niece’ gets a chance to play at being the boss, he is happy.

lolwray

you can have all the money in the world but does it make you a "fit and proper person"? ...i suppose if it was/is only a "hobby" you wouldnt mind losing money on it if you chose to give it up though ...not that we can predict the thoughts of a rich nutcase

Isawsummersplay

That about sums up his ownership of CAFC - a hobby! What an insult. Just bugger off you simpleton.

soapy_jones

A hobby that has turned into a wee jobby...

carly burn

Isawsummersplay said:

That about sums up his ownership of CAFC - a hobby! What an insult. Just bugger off you simpleton.

What else do you honestly think we should expect from someone who has no affinity with the club?

It either has to be a hobby or a money making scheme. Or maybe a bit of both.
And the latter has failed on many an occasion.

Highly likely new owners will fall into one of these two boxes.

Fortune 82nd Minute

carly burn said:

Isawsummersplay said:

That about sums up his ownership of CAFC - a hobby! What an insult. Just bugger off you simpleton.

What else do you honestly think we should expect from someone who has no affinity with the club?

It either has to be a hobby or a money making scheme. Or maybe a bit of both.
And the latter has failed on many an occasion.

Highly likely new owners will fall into one of these two boxes.

There's a third category - life long supporters who win the lottery. £101m jackpot tonight. I have a ticket.

(PS I've already had a word with Curbs and SCP about how I'm going to put them into some sort of joint management team, They are waiting to hear from me again after my numbers come up).

cafckev

Maybe CARD could send him a nice little train set or a starter pack of stamps. This would show him that there are other hobbies he could take up instead of paying lots of money with nothing in return

golfaddick

cafckev said:

Maybe CARD could send him a nice little train set or a starter pack of stamps. This would show him that there are other hobbies he could take up instead of paying lots of money with nothing in return

I used to love those as a kid. My uncle often bought me a packet. I had no idea what to do with them & they were mostly Hungarian or Finish. No penny blacks I'm afraid otherwise I'll be buying the club now.

tom_k

Lose a bunch of cash at a failed project, keep convincing yourself you are doing a great job and the fans are ungrateful.

Never attend a single match

Have the fans of your hobby come to your home country several times to embarrass you.

Hire your niece to run your hobby and literally throw her into a job she has no qualifications or experience to operate.

Some hobby that is!

Just sell the club!

ElfsborgAddick

ricky_otto said:

Swisdom said:

ElfsborgAddick said:

By the 7th January.

I was in Brasil when they took us over, so would be spooky if they sold whilst I'm back out there.

Your quest to find a Brazilian ladyboy must have you a few bob

Yeah, he should have stuck to brown nosing in Charlton.

Take that apologist.

ElfsborgAddick

ricky_otto said:

Macronate said:

Can we post pretty much anything on this thread now because I've got a few things I'm looking to sell.

As long as it’s not your arse.

That is Swisdom's job.

Hartleypete

It's only become a hobby because he doesn't do business failures lol.

Beardface

N01R4M said:

TRANSLATION

LIFETIME ACHIEVEMENT AWARD IS FOR ROLAND DUCHÂTELET
DOMINIEK CLAESDECEMBER 11, 2017
In line with Jean-Baptiste Claes (JBC), this year we also issue a Lifetime Achievement Award to an entrepreneur who has been of great importance to Limburg with his business career. And the winner is ... Roland Duchâtelet!

Roland Duchâtelet (71) lives alternately in Sint-Truiden, close to 'his' Stayen, and Antwerp. "But I feel" more Limburger than Antwerp, "he says immediately. "I sometimes call myself an adoption citizen." I like to live here in Sint-Truiden. It is a great city, where there is much to experience. And yet you're here on the outside in a few minutes. "Ludwig Verduyn's specialized website, 'The Richest Belgians', has ranked him among the ten richest Belgians, with an estimated capacity of € 1.6 billion, says Duchâtelet. unimportant. "Are Ludwig Verduyn's figures correct? I do not know. I'm not working on that. "

Roland Duchâtelet was born in 1946 in Antwerp. His father was a gendarmerie officer in Liège, but had to move to Antwerp for his career. "I only lived in Antwerp for two years", says Duchâtelet almost apologetically. "My parents then moved to Mechelen." He graduated as an engineer at KU Leuven and subsequently worked for various factories. "At the time, I was already very concerned with entrepreneurship, although it was rather internal", he remembers. "At a certain moment I was working in a German company, together with Rudi De Winter and Françoise Chombar. With the three of us, we later established an engineering firm. Actually that was the predecessor of Melexis. "

Françoise Chombar and Rudi De Winter are also the permanent business partners of Roland Duchâtelet in other companies. Together they work directly and indirectly on some 7,000 people. This empire manages the Truiense businessman through his holding company Elex. For example, he controls 90 percent of the international group Fremach, producer of plastic parts with headquarters in Diepenbeek and 1,350 employees worldwide.
Another important pivot company is Xtrion, half owned by Elex and the other half by the duo Chombar-De Winter. Xtrion is the dome above the well-known company groups Melexis with 1,600 employees worldwide, and X-Fab. X-Fab has its address in Tessenderlo, but the actual chip factories, now six in total, are located in Germany, France, Malaysia and the USA. The group of companies employs some 3,800 people, including the 965 people of the French Altis, which Duchâtelet & Co took over at the end of 2016.

Duchâtelet is also co-shareholder of the Truiense call center Callexcell of Karin Van De Velde. That already counts 570 employees, and is looking for another 120 people.
Roland's partner, Marieke Höfte, also owns the Stayen stadium and the buildings around it. Around 1,000 people already work in all shops and activities around the stadium. "And that without a cent subsidy," said Duchâtelet.

As a hobby he still has three football clubs with the German Carl Zeiss Jena, the Spanish AD Alcorcón, the British Charlton Athletic. The Hungarian Újpest is now in the hands of his son Roderick. And as is known, he sold STVV for the second time, this time at the Japanese DMM.com.

(You can read the entire interview in Het Belang van Limburg on Tuesday)

Would put money on that article having been commissioned once the Roland Out Today campaign started to preserve what's left of his image in St Truiden / Belgium.

nth_london_addick

RodneyCharltonTrotta said:

This thread today... Quick maths

https://www.youtube.com/watch?v=X09oxyIeGuY

He was the highlight for me at jingle bell ball


Man not hot

AddickEssex

Reading that charlton is just a hobby really makes me angry and i hope this is the final insult, i think it is ! i want a half season ticket for xmas .

DOUCHER

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

I'm just saying that if the £18m debt remains and is passed on to the new owners, he would only need an offer of circa £35m to break even so anything higher would be a profit. Not that he will get that of course.

And you had the front to try and belittle me for studying economics.

Perhaps GCSE maths is what you need.

I'm not debating with u for fear you get all emotional again - if anyone can tell me what is incorrect about my opening statement on the maths of this deal, I'd b amazed - similar to my opening statement on this thread.

Nothing emotional here mate. You turned it personal and you lost. Shows you up as a human being.

Both of your 'opening statements' (and subsequent revisions) have been shown up numerous times by different people on this thread but as usual you have your head up your backside.

I apologise from the bottom of my heart for accusing u of studying economics - hopefully we can move on

IdleHans

Oggy Red said:

I love this bit:

"As a hobby he still has three football clubs with the German Carl Zeiss Jena, the Spanish AD Alcorcón, the British Charlton Athletic."

Get a new hobby, you clown.

Try stamp collecting or trainspotting swimming with sharks, bungee jumping or freefall skydiving

sillav nitram

Maybe someone can start a thread on anything other than the takeover and then with a bit of luck, people will start posting takeover news on there.

That way, we won’t have to trawl through pages of inane bollox and petty squabbles to get to the crux of the biscuit! ;(

cantersaddick

DOUCHER said:

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

I'm just saying that if the £18m debt remains and is passed on to the new owners, he would only need an offer of circa £35m to break even so anything higher would be a profit. Not that he will get that of course.

And you had the front to try and belittle me for studying economics.

Perhaps GCSE maths is what you need.

I'm not debating with u for fear you get all emotional again - if anyone can tell me what is incorrect about my opening statement on the maths of this deal, I'd b amazed - similar to my opening statement on this thread.

Nothing emotional here mate. You turned it personal and you lost. Shows you up as a human being.

Both of your 'opening statements' (and subsequent revisions) have been shown up numerous times by different people on this thread but as usual you have your head up your backside.

I apologise from the bottom of my heart for accusing u of studying economics - hopefully we can move on

DOUCHER said:

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

I'm just saying that if the £18m debt remains and is passed on to the new owners, he would only need an offer of circa £35m to break even so anything higher would be a profit. Not that he will get that of course.

And you had the front to try and belittle me for studying economics.

Perhaps GCSE maths is what you need.

I'm not debating with u for fear you get all emotional again - if anyone can tell me what is incorrect about my opening statement on the maths of this deal, I'd b amazed - similar to my opening statement on this thread.

Nothing emotional here mate. You turned it personal and you lost. Shows you up as a human being.

Both of your 'opening statements' (and subsequent revisions) have been shown up numerous times by different people on this thread but as usual you have your head up your backside.

I apologise from the bottom of my heart for accusing u of studying economics - hopefully we can move on

Go eat a shit.

Fumbluff

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

I'm just saying that if the £18m debt remains and is passed on to the new owners, he would only need an offer of circa £35m to break even so anything higher would be a profit. Not that he will get that of course.

And you had the front to try and belittle me for studying economics.

Perhaps GCSE maths is what you need.

I'm not debating with u for fear you get all emotional again - if anyone can tell me what is incorrect about my opening statement on the maths of this deal, I'd b amazed - similar to my opening statement on this thread.

Nothing emotional here mate. You turned it personal and you lost. Shows you up as a human being.

Both of your 'opening statements' (and subsequent revisions) have been shown up numerous times by different people on this thread but as usual you have your head up your backside.

I apologise from the bottom of my heart for accusing u of studying economics - hopefully we can move on

DOUCHER said:

cantersaddick said:

DOUCHER said:

cantersaddick said:

DOUCHER said:

I'm just saying that if the £18m debt remains and is passed on to the new owners, he would only need an offer of circa £35m to break even so anything higher would be a profit. Not that he will get that of course.

And you had the front to try and belittle me for studying economics.

Perhaps GCSE maths is what you need.

I'm not debating with u for fear you get all emotional again - if anyone can tell me what is incorrect about my opening statement on the maths of this deal, I'd b amazed - similar to my opening statement on this thread.

Nothing emotional here mate. You turned it personal and you lost. Shows you up as a human being.

Both of your 'opening statements' (and subsequent revisions) have been shown up numerous times by different people on this thread but as usual you have your head up your backside.

I apologise from the bottom of my heart for accusing u of studying economics - hopefully we can move on

Go eat a another shit.

Fixed that for you mate

NapaAddick

I believe our current total debt is £57M? So that makes the enterprise value that number plus whatever RD gets for the club.

I still contend not one pound will be haircut from the debt at all when he sells. The new buyer will absorb it all, in my opinion. The only times I can remember clubs or owners eating debt is during administration and we are not there. Yet.

NapaAddick

I could make a pretty strong case that CAFC are worth an enterprise value of £70-80M, even currently in L1. Just like I can make a case that Newcastle are very much worth the £300M it is probably going to sell for. Among non-PL clubs, there is more economic upside to CAFC than any other club I can think of except Leeds.

oohaahmortimer

I’ve got a real shit Sunday League side
with no losses
running at an £8.66 profit annually
the upside is limitless yours for just £1m

**Ground improvements required **

Oggy Red

Jimmy Seed .... we need some more poetry. NOW!

Anna_Kissed

A boy logged onto Charlton Life,
his body all a-quiver.
He read this thread and, head in hands,
he jumped into the river.

charltonnick

NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded

NapaAddick

charltonnick said:

NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded

Well, it is, without question, worth at least 57M, since that is the debt as it currently stands. So we have a difference of opinion only for the remaining 13M. The lowest offer anyone in the press has reported for RD's purchase is 14M. The highest is 20M. I contend he won't sell at a loss. And that someone will assume all the debt and pay at least the £14M he paid.

I need to add that enterprise value (equity plus debt) and intrinsic value (actual worth) are very different things.

That being said, I think I can make a fairly strong case for even paying full boat for the club.

Uboat

NapaAddick said:

charltonnick said:

NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded

Well, it is, without question, worth at least 57M, since that is the debt as it currently stands.

Can't believe I'm getting involved, but why is something worth the value of its debt?