The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
-
I don't usually post on this thread as I'm not ITK & have nothing to add. However, having read hundreds of posts recently I would like just to add a few points if I may.
1) One of the bids is not from RD's "mate". The quote was saying is was someone he "trusts". Not the same thing. Can we stop saying its his mate as it seems like its a close friend & someone who knows him well. It may just be a business man who he has heard of & knows how he works, rather than some Aussies.
2) an earlier post today was trying to summarise the 3 bids, but no-one can say as no-one knows. To say the KR's comments about the 4-6 players coming in must mean that he';d already spoken to the potential new owners is just speculation & I would say very wide of the mark. I expect the reason why KR was so pissed off at the press conference was that he had been talking to KR over the last month about bringing in players & just as the transfer window opens she is gone & a takeover is formally spoken about. This has left him in limbo & I expect the players that he had lined up are now not able to sign due to no funds (he was probably lied to but he should have been wiser imo) or that the players now aren't sure as they may not think that KR will be here much longer. In any case I doubt very much if KR has spoken to anyone about potential transfers since last week, let alone new owners.11 -
At first I genuinely read ‘lick’ not ‘kick’ what ever makes you happy @soapy_jonessoapy_jones said:
Right! You hold him down and I'll give his wrinkly old ball bag a good kick...flyingkiwiDK said:Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?
5 -
It's Jan the 5th here Kiwi. Blimey i knew you were behind the times down under...KiwiValley said:Happy new year everyone . It’s 2018 in New Zealand and it’s the start of a great year for the world’s greatest club. Little bit drunk but that’s par for the course and the sentiment is
At first I genuinely read ‘lick’ not ‘kick’ what ever makes you happy @soapy_jonessoapy_jones said:
Right! You hold him down and I'll give his wrinkly old ball bag a good kick...flyingkiwiDK said:Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?
4 -
More likely to sell Dillon PhillipsflyingkiwiDK said:Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?
0 -
Charlton Life operates in its own space time continuumsoapy_jones said:
It's Jan the 5th here Kiwi. Blimey i knew you were behind the times down under...KiwiValley said:Happy new year everyone . It’s 2018 in New Zealand and it’s the start of a great year for the world’s greatest club. Little bit drunk but that’s par for the course and the sentiment is
At first I genuinely read ‘lick’ not ‘kick’ what ever makes you happy @soapy_jonessoapy_jones said:
Right! You hold him down and I'll give his wrinkly old ball bag a good kick...flyingkiwiDK said:Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?
2 -
Ha yeah, my mistake! It never ends well when I try to be a smart arse.charltonbob said:
& they haven't been switched around if your saying one picture is Covered End & other east stand ?Exiled_Addick said:
He switched the north stand and east stand around?!? He really does have no respect for our traditions.Addickted said:I hope he comes tomorrow.
Roland, this is what's happened to our beloved club under your ownership. This is what you'll see from your seat in the Directors Box.
Before
Now
Just sell the Club
Exiled ? When were you last there ?
Vs. Gillingham in September.1 -
ExactlyEastStand said:Both are the East - one photo was taken from the Jimmy Seed and one from the Covered End.
0 -
Well possibly if it wasn't the East StandGreenie said:
No wonder you're exiled......shameful, its called the Cupboard End, all true haddocks know that.Exiled_Addick said:
He switched the north stand and east stand around?!? He really does have no respect for our traditions.Addickted said:I hope he comes tomorrow.
Roland, this is what's happened to our beloved club under your ownership. This is what you'll see from your seat in the Directors Box.
Before
Now
Just sell the Club1 -
Let's not pretend the valley was packed before Roland with mis leading photos.3
-
No it's looking into the future when RB LondonCA RDs mate play real madrid in the semi Final of the European Cup (Now stupidly called the CHAMPIONS league where teams who finish 1st 2nd 3rd & 4th in their league compete)stonewallpenalty said:Let's not pretend the valley was packed before Roland with mis leading photos.
Hey I've only just realised Charlton Athletic CA Roland Douchebag RD ......... CARD ??????? Airman !!!! You have some explaining to do ?0 - Sponsored links:
-
I think the photos were meant to show how the valley could look if Douchbag had supported Chris Powell instead of sacking him and giving us a load of network tossers insteadstonewallpenalty said:Let's not pretend the valley was packed before Roland with mis leading photos.
27 -
I completely missed that point then.blackpool72 said:
I think the photos were meant to show how the valley could look if Douchbag had supported Chris Powell instead of sacking him and giving us a load of network tossers insteadstonewallpenalty said:Let's not pretend the valley was packed before Roland with mis leading photos.
0 -
We all do sometimes mate.stonewallpenalty said:
I completely missed that point then.blackpool72 said:
I think the photos were meant to show how the valley could look if Douchbag had supported Chris Powell instead of sacking him and giving us a load of network tossers insteadstonewallpenalty said:Let's not pretend the valley was packed before Roland with mis leading photos.
No problem0 -
My guess is that number 3, was late to the table as it is fronted by Peter Varney and he couldn't put his bid in til Daisy pissed off as she told Roland that he just wanted to sponsor a billboard.cafcwill said:Dazzler21 said:
My meaning was that hopefully we end up with the ones that are best for the club in spite of Roland as all 3 completing due diligence will adjust the offers based on how much each party wants the club.Stu_of_Kunming said:
RD will sell to whoever offers him the best deal, he won't give a s*** about CAFC, or it's future.Dazzler21 said:
Good chance that they've not made such an acceptable offer... I'd rather they'd all do it and we end up with the best (not necessarily richest) for the club.DessieValley said:No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.
Party 1 - Quick to the table and has hung around - a degree of actual interest is assumed.
Party 2 - Not as quick as Muir
Party 3 - Very late to the table
My Guesses
Party 1
The Aussies we have known about for ages - with Andrew Muir
Have completed their DD but issues have occurred with either the final price and or the finances to pay RD
Also Roland might have doubts about his future fees (those Dance classes don;t pay for themselves)
are so close to buying the club that have spoken to KR (hence his comments yesterday about 4 players waiting to come through the door)
Party 2
The Exciting Party who substantial financially and who @Redhenry alluded to
Probably about 3/4 way through DD (probably gone through quicker than the Aussies as most of the problems the Aussies DD brought up would have been sorted (planned to be sorted) by the club.
The one Roland ACTUALLY wants to sell to as they have money that he can try and get out of them
Party 3
Roland's Mate
Possibly Murray, possibly someone Roland has worked with before
This party i don;t think have any real possibility of getting the club, unless the others back out, and are being used as a way to Drive up the price, or speed up the proceedings
However @Airman Brown did say there were at least 3 parties. This means that there could be other Parties involved that we know nothing about
26 days to go till the end of Jan5 -
Not every game but it is indicative of the decline in fans attending. Just take the £1 for a kid games which used to be 20k+ Nowadays you can hardly noticestonewallpenalty said:Let's not pretend the valley was packed before Roland with mis leading photos.
2 -
Buyer 1,2 or 3 will all have to deal with Ex Directors if they want Club clean of charges on assets. If one or more of potential buyers doesn’t need to fund with debt and is cash rich then they can make them wait.
However any buyer has still got to come up with £45mn so we are led to believe for a Club bleeding £ 500,000 a month.
If I was a buyer with us currently in 9 th I would wait until the summer,when Roland is £3mn more in debt, and still in Division 1.
He is negotiating from a very poor position, no CEO or Finance Director, unhappy Manager and maybe Murray advising him, good luck Roland.
33 -
@Davidsmith regarding a prospective buyer funding with debt, to use your expression, that would only be an issue if the assets being acquired, mainly the Valley and Training ground, were offered up as security to a lender. They could of course have other assets they could secure borrowings with. This does not detract from your conclusion however which I fully concur with.0
-
From what I understand there are no other assets , as the Debentures cover all assets of the Club, so new buyer cannot borrow money against anything without clearing those loans. Airman confirm please.2
-
David I agree with that, I meant they could borrow against other assets they may own i.e.not connected to the club. They may even have lines of credit established already.Davidsmith said:From what I understand there are no other assets , as the Debentures cover all assets of the Club, so new buyer cannot borrow money against anything without clearing those loans. Airman confirm please.
0 -
Agree, but if I was buying and had real money then I would clear those loans.
That’s what all of us as supporters should watch, if buyer hasn’t got money to do a deal to clear those loans either by borrowing against external assets or by using cash then they either are stupid or chancers.
Beware what we wish for.7 - Sponsored links:
-
Am I the only one who doesn't want redbull? I feel history of club would be even more sacked off than under RD.17
-
I wouldn’t fret too much. This is Charlton we are talking about. Things like that don’t happen to us.Covered_End_Lad said:Am I the only one who doesn't want redbull? I feel history of club would be even more sacked off than under RD.
5 -
do
Don 't they have a long history or rebranding everything, including stadiums, with the Red Bull name?Covered_End_Lad said:Am I the only one who doesn't want redbull? I feel history of club would be even more sacked off than under RD.
2 -
Mmmmm.....so let’s all Jack it in then and accept mediocrity, ala Michael Glikstein.....if the fucking Glaziers can do it so can we.JamesSeed said:The more I read this thread the more I wonder who the hell (other than a fan) would think buying Charlton is a good idea? It would be a massive gamble at best. Unless you reach the Premier League, isn't it just money down the drain?
The only way to break even running a club like Charlton would be to effectively give up any dreams of top flight football. And even then you'd struggle from what I've read here.
So what would your motivation be, particularly as a foreign buyer? You'd have to have the funds to finance a shot at double promotion, without being too concerned if it didn't happen. How many people like that are there?
Well I suppose as a takeover seems imminent someone must have a plan. Let's just hope it works out in our favour.
SoundAsa£........keeping the dream alive!2 -
Exactly my issue. RB Leipzig are hated in Germany for that.NapaAddick said:do
Don 't they have a long history or rebranding everything, including stadiums, with the Red Bull name?Covered_End_Lad said:Am I the only one who doesn't want redbull? I feel history of club would be even more sacked off than under RD.
0 -
Imagine me and napa agreeingn on something
2 -
I don't see much difference between that and what Walker did with Blackburn or more recently, Chelsea and Man City or even Bournemouth to a lessor extent.Covered_End_Lad said:
Exactly my issue. RB Leipzig are hated in Germany for that.NapaAddick said:do
Don 't they have a long history or rebranding everything, including stadiums, with the Red Bull name?Covered_End_Lad said:Am I the only one who doesn't want redbull? I feel history of club would be even more sacked off than under RD.
A different culture in Germany. Not saying I would necessarily want them, but don't see us being hated if we are.1 -
Well at least we can sing “no one likes us” That will really piss off our local chums.9
-
I might be whistling in the wind, but what we need is some financial input that offers stability in the medium-term at least, an owner that aspires to higher divisional status and actively seeks this...
...and the retention of CAFC's autonomy and identity.
Sweet Dreams...13
