Attention: Please take a moment to consider our terms and conditions before posting.

The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

12972983003023032265

Comments

  • It is astonishing that football club owners expect to be made whole on their 'investment' - if I bought the equity of a listed company which delivered four consecutive years of losses and had no medium-term prospect of delivering any profits/cashflow, would I expect to be able to sell it back in the market at the same price I bought it at?

    Four years of losses but still only 2 promotions from the Premiership. Charlton's potential earnings will always be significantly higher than a lot of established clubs in the top leagues in Europe.
    Ipswich Town (sensibly run and well supported club) have been only one promotion from the Premiership for the last fifteen seasons during which time they've lost a cumulative £80m or so.
    That's so depressing and indicative of the complete mess that modern football is in.
  • lolwray said:

    seems to me that Muir was just a financial Red Adair

    cue jokes about Ginger rogers
    Either this post is very clever or.........well....you know....?
  • Oakster said:

    cabbles said:

    Oakster said:

    I would welcome McLeish’s involvement at DoF level - we haven’t had proper football experience in our coaching/management set up since Powell, Matthew, & Dyer left the club. He played the game, has managed big clubs and I don’t think he would settle for the mediocrity that we have been forced to settle for as a result of the RD regime.

    I cannot see any change being worse than the absolute carnage inflicted on us these past few years.

    I actually think if KR can show a bit more versatility, we've got a good trio in him JJ and Bowyer. Bowyer has a real hunger to win, is on his first real coaching role, has an association with the club and JJ is a legend. I'd be happy for that trio to be given a chance under new owners
    McLeish would suss him out pretty quickly for good or for bad, at the moment there are no internal checks or balances on Robinson.
    good point ...robinson still very young ,often wonder what JJ and LB really think of him bearing in mind the number of coaches/managers they would have played under
  • Judging by the group in the directors box I think you could be looking at McGhee as manager and McLeish as DOF
  • Oakster said:

    cabbles said:

    Oakster said:

    I would welcome McLeish’s involvement at DoF level - we haven’t had proper football experience in our coaching/management set up since Powell, Matthew, & Dyer left the club. He played the game, has managed big clubs and I don’t think he would settle for the mediocrity that we have been forced to settle for as a result of the RD regime.

    I cannot see any change being worse than the absolute carnage inflicted on us these past few years.

    I actually think if KR can show a bit more versatility, we've got a good trio in him JJ and Bowyer. Bowyer has a real hunger to win, is on his first real coaching role, has an association with the club and JJ is a legend. I'd be happy for that trio to be given a chance under new owners
    McLeish would suss him out pretty quickly for good or for bad, at the moment there are no internal checks or balances on Robinson.
    God, can you imagine a meeting between the two of them. A Scouser & a Jock. You'll need a set of interpreters !!
    I am sure they’d speak more sense than the parade of clueless Belgians & Israelis we have had in recent yeas...
  • Sponsored links:


  • Judging by the group in the directors box I think you could be looking at McGhee as manager and McLeish as DOF

    Not sure about McGhee, he only recently joined Barnet.
  • Scoham said:

    Judging by the group in the directors box I think you could be looking at McGhee as manager and McLeish as DOF

    Not sure about McGhee, he only recently joined Barnet.
    Alex Neil ex Norwich City manager is front bottom left of that directors box photo from the Oxford match
  • Scoham said:

    Judging by the group in the directors box I think you could be looking at McGhee as manager and McLeish as DOF

    Not sure about McGhee, he only recently joined Barnet.
    Alex Neil ex Norwich City manager is front bottom left of that directors box photo from the Oxford match
    Manager of Preston now.
  • Saying pswich have lost £80M over 5 years doesn't tell us what their operating losses were, and subsequently how much they invested in the team during that time to try to reach promotion. My guess is they are where they are, because their investment in the team was too low.
  • There can only be 4 reasons for a business group to purchase CAFC, and that is:

    1 Asset strip by selling the Valley and SL, possibly moving the club to a smaller out of town location, selling off the best players and running the club at cost in L1 or L2 and bank the profit from the asset sale.

    2.Sell the Valley and/or SL with some form of lease back arrangement, invest the sale profit in the team to gain promotion to Champ, bring in more investors and push for PL.

    3.Don't sell anything and invest in the team for promotion to Champ and possibly PL.

    4. As NYA has pointed out Ipswich have lost £80m in 5 years and unless the buyer is a Charlton philanthropist it makes no sense for the buyer to invest their own money in hoping to reach the PL, but recently the funding of the Championship has improved and maybe there is now hope for a well run club to survive financially in at that level with reasonable fan income and astute player sales/puchases.

    I know which option I would like

    I don't see how option (1) would work, as land is so expensive and planning so hard to obtain. It's not as the Valley is located in an expensive part of London anyway, that you could "trade down" the location easily.
  • It is astonishing that football club owners expect to be made whole on their 'investment' - if I bought the equity of a listed company which delivered four consecutive years of losses and had no medium-term prospect of delivering any profits/cashflow, would I expect to be able to sell it back in the market at the same price I bought it at?

    Four years of losses but still only 2 promotions from the Premiership. Charlton's potential earnings will always be significantly higher than a lot of established clubs in the top leagues in Europe.
    Ipswich Town (sensibly run and well supported club) have been only one promotion from the Premiership for the last fifteen seasons during which time they've lost a cumulative £80m or so.
    Surely losing 80m going nowhere suggests they're not that sensibly run?
  • It is astonishing that football club owners expect to be made whole on their 'investment' - if I bought the equity of a listed company which delivered four consecutive years of losses and had no medium-term prospect of delivering any profits/cashflow, would I expect to be able to sell it back in the market at the same price I bought it at?

    Four years of losses but still only 2 promotions from the Premiership. Charlton's potential earnings will always be significantly higher than a lot of established clubs in the top leagues in Europe.
    Ipswich Town (sensibly run and well supported club) have been only one promotion from the Premiership for the last fifteen seasons during which time they've lost a cumulative £80m or so.
    Surely losing 80m going nowhere suggests they're not that sensibly run?
    Just survival alone is a form of success. How does a Burton compete with a Leeds? The Champ is EPL2 in all but name, a brutal audition where the stakes are unimaginably high.

  • edited January 2018
    At present it seems we can presume that McLeish and Muir have some association with the potential buyers of the club; who these buyers are, what their ambitions are and whether they have the means to fulfil them are just three unknowns in a morass of imponderables.
    There exists both a sense of unease and one of hopeful expectation floating about on here depending on which rumours people feel suit their agenda.
    It is only when we have new owners - assuming the club is sold - and we are witness to their programme, that we will have any real idea of their measure and what sort of future is in store for our 'joyless fucking club' (@ RCT).
    Until then, it is all 'background noise' as people on tele seem to be saying all the time.
  • Sponsored links:


  • It is astonishing that football club owners expect to be made whole on their 'investment' - if I bought the equity of a listed company which delivered four consecutive years of losses and had no medium-term prospect of delivering any profits/cashflow, would I expect to be able to sell it back in the market at the same price I bought it at?

    Four years of losses but still only 2 promotions from the Premiership. Charlton's potential earnings will always be significantly higher than a lot of established clubs in the top leagues in Europe.
    Ipswich Town (sensibly run and well supported club) have been only one promotion from the Premiership for the last fifteen seasons during which time they've lost a cumulative £80m or so.
    Surely losing 80m going nowhere suggests they're not that sensibly run?
    different finances involved all together now to what it was 10 years ago getting into the prem. Promotion in the early 2000's was worth to a club circa 50m, now it is closer to £200m, hence why clubs going up are able to throw 30m on new signings and Palarse are able to sign players like Benteke for £35m after 3 years back in the prem! we got djimi traore and diawara! how times change! someone pass the rope........
  • It is astonishing that football club owners expect to be made whole on their 'investment' - if I bought the equity of a listed company which delivered four consecutive years of losses and had no medium-term prospect of delivering any profits/cashflow, would I expect to be able to sell it back in the market at the same price I bought it at?

    I posted a similar view a few weeks back, how can a new owner be expected to pay for all the outrageously poor decisions of the current owner & his "smt" ( joke !)
  • Anyone thought of this scenario? RD realises when trying to sell the club that KM has made a fucking mess, so he lets her go and brings in Donald Muir as a turnaround specialist to see if he can reduce the debt to enable RD to sell later at a price more acceptable to him. DM may have asked McLeish to run his eye over the playing side of things to see what can be done.
    WE MIGHT BE STUCK WITH RD FOR A WHILE YET!!!!!!
  • PriceWaterhouseCoopers - Seriously big firm.

    What I still don't understand is that we were told that nothing is happening, nothing had happened and DD hadn't taken place yet Airman has all these dates and names.

    I think VOTV must be making it all up as there is no way the other ITK person is wrong, he never is : - )
    Would this be the chap involved in a personal relationship with a bitter ex employee ?
  • There can only be 4 reasons for a business group to purchase CAFC, and that is:

    1 Asset strip by selling the Valley and SL, possibly moving the club to a smaller out of town location, selling off the best players and running the club at cost in L1 or L2 and bank the profit from the asset sale.

    2.Sell the Valley and/or SL with some form of lease back arrangement, invest the sale profit in the team to gain promotion to Champ, bring in more investors and push for PL.

    3.Don't sell anything and invest in the team for promotion to Champ and possibly PL.

    4. As NYA has pointed out Ipswich have lost £80m in 5 years and unless the buyer is a Charlton philanthropist it makes no sense for the buyer to invest their own money in hoping to reach the PL, but recently the funding of the Championship has improved and maybe there is now hope for a well run club to survive financially in at that level with reasonable fan income and astute player sales/puchases.

    I know which option I would like

    3.
  • Taxi_Lad said:

    Anyone thought of this scenario? RD realises when trying to sell the club that KM has made a fucking mess, so he lets her go and brings in Donald Muir as a turnaround specialist to see if he can reduce the debt to enable RD to sell later at a price more acceptable to him. DM may have asked McLeish to run his eye over the playing side of things to see what can be done.
    WE MIGHT BE STUCK WITH RD FOR A WHILE YET!!!!!!

    I posted the very same thing about 3 hours ago. Just shows nobody reads my bloody posts !!!

    I give up.
    I've just given you a like Golfie. Because yes, we don't know who at the moment Muir is working for, just the fact that he has started to turn up after Daisy has left to work her special kind of magic for The Wendies.
This discussion has been closed.

Roland Out Forever!