The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

killerandflash

Airman Brown said:

There were Aussies at The Valley on Tuesday and not to see the game. That’s all I have to report.

On way to increase the attendance figure I guess, just fill the West Stand with potential buyers!

Indeed has there ever been such an inconsequential game at The Valley with so many visitors in the Directors Box?

SE7toSG3

Robinson plays that very cautiously, almost suggesting its a favoured option of his, I think he does know more than he is letting on

http://www.newsshopper.co.uk/sport/charlton/15822135.Charlton_manager_on_takeover_rumours_involving_former_Rangers_duo/

Goonerhater

"robinson knows more than he is letting on" -------nah ---he lets on lots and knows feck all

Mckforester

I ask the same question as Lurker; RD may simply have enlisted the services of Muir etc. to get out of this mess.

Red_James

SE7toSG3 said:

Robinson plays that very cautiously, almost suggesting its a favoured option of his, I think he does know more than he is letting on

http://www.newsshopper.co.uk/sport/charlton/15822135.Charlton_manager_on_takeover_rumours_involving_former_Rangers_duo/

Didn’t he in a previous interview mention about people buying the club being football people?

I would say from that interview him or bowyer have already spoken to AM about their bid and would know what’s happening with the set up and transfer targets etc with AM being a director of football

Fumbluff

The Red Robin said:

Redvalleyeast said:

The Red Robin said:

So are we assuming McLeish et al are the only buyers left / most advanced / serious now?

Where are the others? Are they still close? @Redhenry @Airman Brown

Was thinking the same. Are these the group that @Redhenry was so excited about?

I don't think so. I think Red Henry meant a different group.

We’ve established that group was https://en.m.wikipedia.org/wiki/Five_Star but there were some issues.

We don’t yet know how far through DD Mark Curry and Yvette Fielding are....

Scoham

Lurker said:

Any chance Muir is working for RD to reduce debt? This has probably already been ruled out?

I don't think so but that's not really based on anything.

nth_london_addick

AFKABartram said:

Interestingly, Robinson and McCleish have the same agent

Robinson also suggests there are up to four consortiums interested in the club

I know there are at least two more interested away from aussies and McLeish but very early stages of interest

charltonbob

Redvalleyeast said:

The Red Robin said:

So are we assuming McLeish et al are the only buyers left / most advanced / serious now?

Where are the others? Are they still close? @Redhenry @Airman Brown

Was thinking the same. Are these the group that @Redhenry was so excited about?

I doubt it, I have no rational explanation because they could have 10 billionaires all ready to invest but this "group" doesn't excite me at all

lolwray

mrs white in the billiard room with the revolver

CAFCTrev

I think its obvious that this season is a write off and any interested parties would know this. How long could RD playing four parties off each other take to conclude? That would make me think that we could be at least a month or two away from a finalised sale of the club, possibly longer.

i_b_b_o_r_g

.

i_b_b_o_r_g

Blokes 71 years old ffs, you'd think he'd take the most sensible offer and go sit on a beach somewhere drinking cold lager

cabbles

AFKABartram said:

Interestingly, Robinson and McCleish have the same agent

Robinson also suggests there are up to four consortiums interested in the club

3blokes

i_b_b_o_r_g said:

Blokes 71 years old ffs, you'd think he'd take the most sensible offer and go sit on a beach somewhere drinking cold lager

Absolutely, that’d be me like a shot....

creepyaddick

Fumbluff said:

The Red Robin said:

Redvalleyeast said:

The Red Robin said:

So are we assuming McLeish et al are the only buyers left / most advanced / serious now?

Where are the others? Are they still close? @Redhenry @Airman Brown

Was thinking the same. Are these the group that @Redhenry was so excited about?

I don't think so. I think Red Henry meant a different group.

We’ve established that group was https://en.m.wikipedia.org/wiki/Five_Star but there were some issues.

We don’t yet know how far through DD Mark Curry and Yvette Fielding are....

Certainly some Ghosts (and skeletons) in this closet!

creepyaddick

lolwray said:

mrs white in the billiard room with the revolver

Professor fookin Plum already in charge here!

RodneyCharltonTrotta

NapaAddick said:

They can have all the money they want... but if they worry about debt reduction more than team investment like Muir did at Rangers and don't want to spend some of that hundreds of millions.... then they might as well be paupers.

There's easier ways for wealthy people to make money than invest in a football club.

If anything you're going to lose a load so unless you're a perverse freak buying a club for an experiment in between shopping trips for shoe duck tape then you must have some interest in the game.

Now Muir was appointed at Rangers by Lloyds on their insistence to secure as much of their debt and so it is a completely different scenario (unless things are even worse at Charlton than we know).

Any notion that a football man like McLeish would get on board to asset strip or be part of asset stripping is illogical as it is clear of the hassle that would invoke from our fanbase and surely easier ways for rich people to make money without the aggro.

It is likely akin to the Jiminez Slater model...relatively sizeable club down on its luck with huge potential in an upcoming part of London and cash in after reaching the promised land of the premier league which is only 2 good seasons and a lot of luck away for the right team.

The drive, arrogance and self belief of many successful businessmen will likely convince them that they can achieve it hence why so many still buy clubs when you're essentially pissing money away on a club you have no inherent loyalty to. That and the ego trip of owning a football club.

Dazzler21

Charltonstu said:

Sorry about last comment . comp went down before I finished .
I think new owners who ever they maybe will sell the valley and move us to a new ground on the peninsula
The only way we can ever get back to prem .
I love Charlton and would hate to see us leave the valley . but it might be a case of one step back and two forward

Please do tell me why doing this would either:
A make us any more likely to make the Prem
B make any financial sense to a buyer?

cafcfan1990

I just received a text backing up bobs info. Deal is/was days from completion but now probably weeks away.

Haven’t read last 3 pages so possibly old news but the reason for the delay? Australians suddenly became more interested at the start of the week and were even there Tuesday which was interesting as they were believed to have pulled out last week.

My mate knows nothing about the Aussie finances but doesn’t believe the McLeish consortium have the funding for a Prem push, more like debt consolidation with the hope of reaching the champ. Muir would be the man reducing the debt and McLeish would be more likely to be director of football than manager.

Also said he believes Roland mucked other parties about in favour of this one, possibly spite if they have the least money. But Aussies are still around but keeping a much lower profile than McLeish and Donald. The Aussies originally backing off probably resulted in McLeish showing his face believing the deal was done.

Fee of around 22mil plus repayable debt.

iamdan

I just want to say, I do not receive texts from anyone let alone regarding sale of our club.

eaststandmike

Pelling1993 said:

Surely all these consortium's realise the need to act before January is over

What makes you think any new owner is going to splash the cash? We might end up with another owner like Roland.

BetterCallSaul

cafcfan1990 said:

I just received a text backing up bobs info. Deal is/was days from completion but now probably weeks away.

Haven’t read last 3 pages so possibly old news but the reason for the delay? Australians suddenly became more interested at the start of the week and were even there Tuesday which was interesting as they were believed to have pulled out last week.

My mate knows nothing about the Aussie finances but doesn’t believe the McLeish consortium have the funding for a Prem push, more like debt consolidation with the hope of reaching the champ. Muir would be the man reducing the debt and McLeish would be more likely to be director of football than manager.

Also said he believes Roland mucked other parties about in favour of this one, possibly spite if they have the least money. But Aussies are still around but keeping a much lower profile than McLeish and Donald. The Aussies originally backing off probably resulted in McLeish showing his face believing the deal was done.

Fee of around 22mil plus repayable debt.

mid_life_crisis

i_b_b_o_r_g said:

Blokes 71 years old ffs, you'd think he'd take the most sensible offer and go sit on a beach somewhere drinking cold lager

Never understand what motivates these people TBH. When you've got enough, look after the people you love and go off & enjoy it.
You've have to be mad to want to go through all this.....

ValleyGary

Even our takeovers are boring

flyingkiwiDK

cafcfan1990 said:

I just received a text backing up bobs info. Deal is/was days from completion but now probably weeks away.

Haven’t read last 3 pages so possibly old news but the reason for the delay? Australians suddenly became more interested at the start of the week and were even there Tuesday which was interesting as they were believed to have pulled out last week.

My mate knows nothing about the Aussie finances but doesn’t believe the McLeish consortium have the funding for a Prem push, more like debt consolidation with the hope of reaching the champ. Muir would be the man reducing the debt and McLeish would be more likely to be director of football than manager.

Also said he believes Roland mucked other parties about in favour of this one, possibly spite if they have the least money. But Aussies are still around but keeping a much lower profile than McLeish and Donald. The Aussies originally backing off probably resulted in McLeish showing his face believing the deal was done.

Fee of around 22mil plus repayable debt.

Interesting if true. Anyone else ITK heard something similar?

cafcfan1990

eaststandmike said:

Pelling1993 said:

Surely all these consortium's realise the need to act before January is over

What makes you think any new owner is going to splash the cash? We might end up with another owner like Roland.

Exactly what this consortium sounds to be. Getting a decent price for a club with potential.

Possibly have the ability to help fund a squad capable of getting out of League 1, but not looking to splash the cash for a Prem push. More hoping that a decent Champ squad unexpectedly reaches play offs or even goes up.

Probably an improvement, mainly because figures involved understand football way more than KM and RD, but they won’t be throwing money at the club.

flyingkiwiDK

cafcfan1990 said:

eaststandmike said:

Pelling1993 said:

Surely all these consortium's realise the need to act before January is over

What makes you think any new owner is going to splash the cash? We might end up with another owner like Roland.

Exactly what this consortium sounds to be. Getting a decent price for a club with potential.

Possibly have the ability to help fund a squad capable of getting out of League 1, but not looking to splash the cash for a Prem push. More hoping that a decent Champ squad unexpectedly reaches play offs or even goes up.

Probably an improvement, mainly because figures involved understand football way more than KM and RD, but they won’t be throwing money at the club.

I can live with that tbh

nth_london_addick

ValleyGary said:

Even our takeovers are boring

That’s why the red bull and multi billionaire owners will never be our savior imo

Bland and warm is the Charlton way mate

Airman Brown

This isn’t a business where you can come in and cut costs to pay down a £50m debt. There are no such costs to cut - cheaper players equals even lower revenue with your fixed costs unchanged. Ditto moving to a smaller ground. People would not attend, so revenue falls. Shutting stands saves peanuts. There is no equilibrium point. Everything else is in shreds already.

There are only two ways you have any chance of doing it, which are 1) get to the Premier League (expensive in itself with no guarantees) and 2) property deals (very drawn out and complicated with no guarantees). At least with 1) you are in control and only have to deal with competitor clubs.

Remember 2) has been tried and failed. No reason to think it is any more possible now than before.