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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • seth plum said:
    I have it on pretty good authority that everybody liked working with Guy Luzon, but he ended up as bewildered and then as marginalised as everybody else.
    I might have my timings wrong, but I believe he was around at the time Katrien Meire also thought she could pick the team.

    From Elsewhere:

    Don’t post that much but thought the news warranted some additional info.

    Just for the record – Muir and Aussies were never under consideration at all. I had mentioned before that I worked on a contract in Australia that Muir was involved in and Charlton were one of around 30 clubs that his consortium have tried to secure the purchase of, but have never got any further than a flash website and PowerPoint etc.

    I know one of the consultants that was involved in due diligence for East Street, and the purchase was wholly just set to pay Roland off, there have not yet been any formal investment initiatives put together as part of the spending plan (which is usually illustrated by purchaser as part of the undertaking, however RD’s only interest was getting a return for the sale and he did not include any provision for new purchaser to be set financial/investment targets etc).

    This could be a worry as East Street might opt to devolve the all of the operations and assets which could see around £100million in returns (although protect ted by local council development undertakings). The FA has requested financial forecasts and fund illustrations for the coming 2 years.

    However East Street’s initial plans for 2019/2020 have an operational budget of £40 million set aside from day to day operational expenditure; the focus of this is to ensure that CAFC stay in the Championship. The money is to convert loan players, and bring in more on loan (from January onwards). LB will also be offered a new contract and a growth vs. performance strategy will be in place by February which will include a 5 year plan (there is a strategy to gain promotion to the Prem within this 5 year period).
    Ultimately no one is really sure what/how East Street will invest in the club, but the set-up is very robust and wholly corporate in its nature – what that means is that as long as Charlton has the support it has enjoyed over recent years and if we can show that we have the potential to compete domestically and finally internationally then we will see ongoing investment in the club; however if our prospects go the other way, then there will be little investment and could be broken up and sold.

    Overall this is a really good opportunity but is dependent on a number of factors to ensure that we are a solid platform for a robust business venture. East Street will not just throw money at the club, however they do have access to the funds required of a top flight European club.




    Assume on another forum that can’t be named and frankly i do not believe a word of it.
    As perfectly shown here

    1:30mins in. How did this go so unnoticed? 

    https://youtu.be/joHn4zrD4yE
    That shapely arse of hers didn't go unnoticed at all.
    Took me a while to realise that it wasn't just cos I couldn't take my eyes off it, why it sounded like she was talking through it.
    And for the avoidance of doubt yes I still would.
    Watched the whole of that and no porn music.  Thought that Luzon was going to fling her over the desk at one point and back skuttle her but no...
    I've always said I would too!
    So that's why Guy left...  you absolute hound dog!
    I'm not that kind of Guy @soapy_jones
  • Haddock said:
    Fancy a lift share? Where in Gloucestershire are you? Im getting to a few games from my base in deepest darkest Newent...
    Could do - we're in Tewkesbury. Although we usually take the Oxford Tube and then Underground/DLR rather than drive all the way in.
    My mate (Charlton supporting) lives in Tewkesbury.
    We should start the Gloucestershire branch


    I'd pop along to that too as I'm near Gloucester  :)
  • Going into an exam tomorrow, approx 4 hours with no contact to the outside world, praying for some good news when I finish about 5pm.
    Sorry. 'Crackerjack!' won't be back until next year.
  • edited December 2019
    TEL said:
    Lee Amis is on here, and he is a current visitor. 

    I met him once, I think around the the time the Spivs took over. Deffo a Charlton fan. 

    He said one thing to me that I didn't like the sound of "Every bid will be a property play".

    Having said that he is (or was) a property guy himself. And every property guy I have ever met seems to have the attitude that monetising property is more important even than procreation.

    But then again, if these guys are the real deal ( by which I mean competitive funding at Championship level for the next 2 years) and Lee brought them to the table, then we all owe him a pint. 
    Ive always believed that it would always be a possibility that any takeover would be subject to moving away from the Valley....we know the spivs wanted to, I think Duchatelet thought he could pull it off or if not redevelop the Valley as per St Trudien so Ive no reason to think the new mob being Investors would be thinking anything different. It was interesting watching Nimer being interviewed as most of what he said was about "green" investing and I took that to be agricultrally based, so how that fits with a SE London football club I dont know.

    If these people have big plans for the club, the Valley being hemmed in on all sides will be problematic if they are thinking of what Arsenal and Spurs have done in recent years ( I wont lower the tone by mentioning what happened across the Thames). Im as emotionally attached as any true red blooded Charlton Fan to our home, the Valley.

    However putting aside all emotion (and that is difficult in itself), the position of the Valley isnt great if you think of transport and infrastructure and going forwards relocating to somewhere with better transport links, adequate parking etc would make a lot of sense for a seriously wealthy and ambitious owner. It can be pain in the arse to park at Charlton, I think most of us have had a few break ins with cars etc and the rail service is pretty inadequate.

    Its  our home and we fought hard to get it back, you being one of the leading lights in that fight, but maybe a new stadium would make sense......on a much smaller scale I was mega impressed with the location and facilities at Doncaster...yeah for sure the stadium itself was a bit souless, but you couldnt really fault the surrounds and links to motorways, parking, food etc.

    Anyway, Im not advocating a move away, just playing devils advocate...I think we all need to realise that in todays modern progressive world it could be a possibility.
    Transport links poor.....???  The ground is less than 5 mins from the bloody railway station that takes you into the centre of London in 10 mins ffs.!!  Try going on Saturday to Middlesborough & see how close their stadium is to transport links & the city centre. Or Swansea/Derby/Leicester. All new grounds built away from the city centre & main transport links. NO thanks. Prefer our ground just where it is. May be a bugger to park but its historic. 
    Leicester is in the city centre with zero transport problems.
  • TEL said:
    Lee Amis is on here, and he is a current visitor. 

    I met him once, I think around the the time the Spivs took over. Deffo a Charlton fan. 

    He said one thing to me that I didn't like the sound of "Every bid will be a property play".

    Having said that he is (or was) a property guy himself. And every property guy I have ever met seems to have the attitude that monetising property is more important even than procreation.

    But then again, if these guys are the real deal ( by which I mean competitive funding at Championship level for the next 2 years) and Lee brought them to the table, then we all owe him a pint. 
    Ive always believed that it would always be a possibility that any takeover would be subject to moving away from the Valley....we know the spivs wanted to, I think Duchatelet thought he could pull it off or if not redevelop the Valley as per St Trudien so Ive no reason to think the new mob being Investors would be thinking anything different. It was interesting watching Nimer being interviewed as most of what he said was about "green" investing and I took that to be agricultrally based, so how that fits with a SE London football club I dont know.

    If these people have big plans for the club, the Valley being hemmed in on all sides will be problematic if they are thinking of what Arsenal and Spurs have done in recent years ( I wont lower the tone by mentioning what happened across the Thames). Im as emotionally attached as any true red blooded Charlton Fan to our home, the Valley.

    However putting aside all emotion (and that is difficult in itself), the position of the Valley isnt great if you think of transport and infrastructure and going forwards relocating to somewhere with better transport links, adequate parking etc would make a lot of sense for a seriously wealthy and ambitious owner. It can be pain in the arse to park at Charlton, I think most of us have had a few break ins with cars etc and the rail service is pretty inadequate.

    Its  our home and we fought hard to get it back, you being one of the leading lights in that fight, but maybe a new stadium would make sense......on a much smaller scale I was mega impressed with the location and facilities at Doncaster...yeah for sure the stadium itself was a bit souless, but you couldnt really fault the surrounds and links to motorways, parking, food etc.

    Anyway, Im not advocating a move away, just playing devils advocate...I think we all need to realise that in todays modern progressive world it could be a possibility.
    Transport links poor.....???  The ground is less than 5 mins from the bloody railway station that takes you into the centre of London in 10 mins ffs.!!  Try going on Saturday to Middlesborough & see how close their stadium is to transport links & the city centre. Or Swansea/Derby/Leicester. All new grounds built away from the city centre & main transport links. NO thanks. Prefer our ground just where it is. May be a bugger to park but its historic. 


    The Valley was always generally stated by other than our own supporters as not good with transport link because there was no Tube Line.    This was also at the time when roads like the A2 were slow and still needed improving.  
  • One of my daughters is off on an expedition to Nepal, she just landed for a stop over in Abu Dhabi.  If I had known I would have got her a top printed with "All of Charlton Athletic thanks you for saving us." 
  • Scoham said:
    EFL interviews include them speaking to Roland.

    Matt Southall tried to buy us as part of a consortium in 2010.

    Cawley confirms ESI want to sign Cullen permanently.

    https://www.londonnewsonline.co.uk/matt-southall-tried-to-buy-charlton-athletic-before-esi-keen-on-deal-for-west-ham-united-midfielder/
    Does anyone remember this consortium in 2010?
  • And some people bleat about the Aussie bid dragging on for two years.

    Assume this was the Jonathan Sainsbury bid in 2010 that also involved Lee Amis

    Interview with Duchatelet?  "Huh 1.5%, huh, none of it's my fault"

    Good news about Cullen
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  • Going into an exam tomorrow, approx 4 hours with no contact to the outside world, praying for some good news when I finish about 5pm.
    Sorry. 'Crackerjack!' won't be back until next year.
    Crackerjack...some things you never forget to do. Younger Addicks who don’t get the post can look away 
  • And some people bleat about the Aussie bid dragging on for two years.

    Assume this was the Jonathan Sainsbury bid in 2010 that also involved Lee Amis

    Interview with Duchatelet?  "Huh 1.5%, huh, none of it's my fault"

    Good news about Cullen
    Was wondering if it was the Sainsbury bid 
  • edited December 2019
    Yeah. Ask the most unfit and improper person you ever previously interviewed for his take on it!

    Oh dear.
  • I wonder why the EFL speak to the outgoing owner? 
  • Yeah. Ask the most unfit and improper person you ever previously interviewed and ask him for his take on it!

    Oh dear.
    So Rolly, is this guy who has made good all the money you lost OK?
  • I wonder why the EFL speak to the outgoing owner? 
    Says it’s just part of the process.
  • He will simply say that the EFL are fools for not buying the club off him and that they will regret it 
  • I wonder why the EFL speak to the outgoing owner? 
    I think it’s just standard procedure. He will want the sale done quickly so he can afford some new shoes and visit to the hygienist.
  • Sponsored links:


  • I wonder why the EFL speak to the outgoing owner? 
    They just need to double check his exit strategy. 
  • And some people bleat about the Aussie bid dragging on for two years.

    Assume this was the Jonathan Sainsbury bid in 2010 that also involved Lee Amis

    Interview with Duchatelet?  "Huh 1.5%, huh, none of it's my fault"

    Good news about Cullen
    It's not the time taken, as much as the scarves taken
  • And some people bleat about the Aussie bid dragging on for two years.

    Assume this was the Jonathan Sainsbury bid in 2010 that also involved Lee Amis

    Interview with Duchatelet?  "Huh 1.5%, huh, none of it's my fault"

    Good news about Cullen
    Sebastian Sainsbury was the main man wasn't he?
  • Going into an exam tomorrow, approx 4 hours with no contact to the outside world, praying for some good news when I finish about 5pm.
    Sorry. 'Crackerjack!' won't be back until next year.
    Crackerjack...some things you never forget to do. Younger Addicks who don’t get the post can look away 
    Never a fan of Crackerjack. HOW was my TV opiate. 
  • Anyone know how long the EFL took to approve and sign off on Roly's takeover? It all seemed to be very quick from what i remember.
  • Anyone know how long the EFL took to approve and sign off on Roly's takeover? It all seemed to be very quick from what i remember.
    Not long enough! 
  • Anyone know how long the EFL took to approve and sign off on Roly's takeover? It all seemed to be very quick from what i remember.
    Earlier on in the thread someone said that RD taking over the club was announced Friday 27th Dec, he then was the owner Friday Jan 3rd, so that was 7 days from the announcement. So it could be today I suppose if it follows the same pattern?

This discussion has been closed.

Roland Out Forever!