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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Mal
    Mal Posts: 616
    You know, apart from making yourself look like an Idiot, it feels rather strange not having anything to moan at about our club, my 2 boys said it's kinda erie.
  • charltonbob
    charltonbob Posts: 8,254
    May never hear the full value but a five year deal! Got to be one of the best in the champ.

    I will say this. I reckon Nimer is seriously f*****g minted!
    Thought I read 15 Billion ?

  • soapboxsam
    soapboxsam Posts: 23,229
    edited January 2020
    Dizzle said:
    https://youtu.be/JmVt8WJNXys

    Premieres at 4pm

    beach balls and coffins: what the f**k happened at Charlton Athletic

    by Copa90


    Excellent.
  • Onwards and upwards ! I love Lee Bowyer - proper loves this club like I do.
  • 5 years - that's a statement of intent and vote of confidence ... owner are making the big calls early and clearly showing fans some emotional attachment ... it shows a level of stability they are looking for ... this is a 180* turn from the RD era.  Hope the can do the same for LB's team and players.  I see Oxford are pulling in loanees in numbers.  Need quality rather than quantity but both would be acceptable.  
  • Dippenhall
    Dippenhall Posts: 3,918
    Strength of a business is not just individual skills of key components, but how they complement one another as a whole.

    Like the mix of
    - a young manager whose proved he has what it takes to create a squad that runs through walls for him,

    - a Chairman who respects his management and knows the dark arts of negotiating between players, agents and clubs, and negotiating will be 90%!of his job.

    - a head of recruitment who’s proved he can sniff out undeveloped potential and respected within the football community.

    - an owner with both money and ambition

    Matt may be inexperienced in the role of club chairman but that is no bad thing. He will not have a pre-conceived ideology and will be fine as long as he is accepts he is learning on the job and able to keep the owners interests and the clubs interests aligned - something he seems to understand.


  • BR7_addick
    BR7_addick Posts: 10,210
    I personally think that offices are the EFL, ESI and CAFC are in full Xmas mode and it’ll be announced 2nd January and will be much talked about in the build up to the Swansea game. 
    Just like to draw attention to this from a week or so before Christmas #ITK
  • Alwaysneil
    Alwaysneil Posts: 13,804
    I personally think that offices are the EFL, ESI and CAFC are in full Xmas mode and it’ll be announced 2nd January and will be much talked about in the build up to the Swansea game. 
    Just like to draw attention to this from a week or so before Christmas #ITK

    No need to worry about the humble part of bragging there 😂
  • KiwiValley
    KiwiValley Posts: 3,378
    @Henry Irving petering out this thread. Tomorrow it will be wrapping up fish n chips 
  • cabbles
    cabbles Posts: 15,254
    Strength of a business is not just individual skills of key components, but how they complement one another as a whole.

    Like the mix of
    - a young manager whose proved he has what it takes to create a squad that runs through walls for him,

    - a Chairman who respects his management and knows the dark arts of negotiating between players, agents and clubs, and negotiating will be 90%!of his job.

    - a head of recruitment who’s proved he can sniff out undeveloped potential and respected within the football community.

    - an owner with both money and ambition

    Matt may be inexperienced in the role of club chairman but that is no bad thing. He will not have a pre-conceived ideology and will be fine as long as he is accepts he is learning on the job and able to keep the owners interests and the clubs interests aligned - something he seems to understand.


    Exactly right about Southall.  I’m very impressed with him already.  I really hope he gets time to grow into the role without too much analysis of each and every move he makes.
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  • Sage
    Sage Posts: 7,277
    The other thing about Southall is he seems a very well liked and respected man within large quarters of the footballing world. I like the way Peterborough’s chairman goes about his business, maybe he is too open and honest, but Southall can lean on him at times and that can also only be a good thing.

    The future of our club really does seem bright now.
  • Covered End
    Covered End Posts: 51,981
    edited January 2020
    Sage said:
    The other thing about Southall is he seems a very well liked and respected man within large quarters of the footballing world. I like the way Peterborough’s chairman goes about his business, maybe he is too open and honest, but Southall can lean on him at times and that can also only be a good thing.

    The future of our club really does seem bright now.
    Wait until 5pm tomorrow wink:
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    I personally think that offices are the EFL, ESI and CAFC are in full Xmas mode and it’ll be announced 2nd January and will be much talked about in the build up to the Swansea game. 
    Just like to draw attention to this from a week or so before Christmas #ITK
    I said the same :) 
  • stonemuse
    stonemuse Posts: 33,991
    Sage said:
    The other thing about Southall is he seems a very well liked and respected man within large quarters of the footballing world. I like the way Peterborough’s chairman goes about his business, maybe he is too open and honest, but Southall can lean on him at times and that can also only be a good thing.

    The future of our club really does seem bright now.
    Agreed, his network looks good ... and I have a lot of time for the Peterborough chairman, so great influence to have. 
  • Henry Irving
    Henry Irving Posts: 85,203

    Former #cafc director loans have not been repaid and they have not be told by ESI what is happening, despite pre-December discussions. Still waiting for takeover to be posted on Companies House to understand structure of deal without training ground freehold.
  • Have a day off Rick! 
  • He doesn’t like the new owners very much does he?
  • cafcsinger
    cafcsinger Posts: 5,548
    edited January 2020

    Former #cafc director loans have not been repaid and they have not be told by ESI what is happening, despite pre-December discussions. Still waiting for takeover to be posted on Companies House to understand structure of deal without training ground freehold.
    Turn it in. They’ve barely owned the club 2 weeks.
  • MartinCAFC
    MartinCAFC Posts: 3,218
    Why would you pay this debt off unless you had to?
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  • Laddick01
    Laddick01 Posts: 6,362
    All for negativity when it’s warranted, but feel going straight for the new owners throats after barely 3 weeks in charge is not something we should be doing.


  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    There does seem to be a bit of an undercurrent of dislike of this mob in some quarters, because they haven't done any of about 200 very important things, after just a few working days into ownership 
  • CafcWest
    CafcWest Posts: 6,165
    I dont think Rick is having a go. It's useful information.

    We dont yet have the full picture about the ownership. The fact that the ex directors loans still exist is an interesting piece of the puzzle. I am not sure yet what the full picture is yet but it will be useful to know when it does come out.
    Completely agree.  I find all the background information both fascinating and interesting to understand the structure of the deal.  Can't affect it - but I think its useful to possibly understand some of their thinking.
  • LargeAddick
    LargeAddick Posts: 32,552
    edited January 2020

    from interview with MS by CAST : 'While on the subject of the takeover, I ask Southall to clarify the structure of the deal. He confirms that ESI now own Charlton Athletic Football Club Limited and have a “legal obligation” within the next six months to complete the purchase of Charlton Athletic Holdings Limited, where the freehold of both the training ground and The Valley sit as assets.'

    so don't own The Valley or Training Ground...… yet.

  • Henry Irving
    Henry Irving Posts: 85,203
    edited January 2020
    https://www.castrust.org/2020/01/cast-meets-the-man-in-the-chair/

    "While on the subject of the takeover, I ask Southall to clarify the structure of the deal. He confirms that ESI now own Charlton Athletic Football Club Limited and have a “legal obligation” within the next six months to complete the purchase of Charlton Athletic Holdings Limited, where the freehold of both the training ground and The Valley sit as assets. “Our first conversation with Roland’s representative was in mid to late August – you can’t even buy a house in three months. There is no need at all for fans to get concerned.” He is being true to his stated aims of openness and honesty, though given this club’s history, even a temporary separation of the footballing side from the assets will make some supporters jittery."

    According to this interview ESI haven't yet bought the training ground or the Valley.

    That might explain why the directors loans, which are secured on the Valley, haven't been paid yet.

    Whether people are worried about ESI not yet owning the Valley and Sparrows Lane is another matter but this interview does seem to contradict what was said earlier by ESI that they had bought the Valley but not yet SL.

    The interview also proves that Matt reads this thread as he used a house buying analogy.
  • MartinCAFC
    MartinCAFC Posts: 3,218
    I'm fine with the fact the wording says they have a legal obligation to buy The Valley and Sparrows Lane.

    Concern would only have been if had been said as an option to buy both.

    I see no issue here.
  • I'm fine with the fact the wording says they have a legal obligation to buy The Valley and Sparrows Lane.

    Concern would only have been if had been said as an option to buy both.

    I see no issue here.

    This is how I took it.

    But I'm genuinely intrigued to see why others are concerned? Maybe I've missed something.

  • blackpool72
    blackpool72 Posts: 23,664
    The straw that broke the camel's back for Roland apparently.
    Not me Guv.
    Not guilty. 
This discussion has been closed.