The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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When buying a house in Plumstead, I remember the following procedures as explained by my Solicitor;
You exchange contracts (both parties sign the contract) and a completion date was set (in my case it was 28 days into the next month)
On completion the buyer will own(buy) the property.
I suspect that the contracts (by both parties) for the purchase of the club have been signed,
We are now awaiting the completion date, when the new owner will have legally purchased the club.
When Richard Murray spoke to the staff , he must have been confident that the contracts was signed and agreed and he
was awaiting the completion date, to transfer the club to the new owners.
Everybody is jittery , and the suspense is killing me and many of the supporters.
I am happy that the deal has been struck, and we all need to be patient, for the next few weeks
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Have we finally reached the "imminent" stage?0
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It’s imminent.Chef_addick said:Have we finally reached the "imminent" stage?
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@WSS seems to think so. But personally I'm not ready to settle down and commit. I've been hurt before.Chef_addick said:Have we finally reached the "imminent" stage?
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Have you been living on Mars? We reached that stage back in October, we're way past that now miladdio....Chef_addick said:Have we finally reached the "imminent" stage?
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No, only the imminent announcement is imminent stage.Chef_addick said:Have we finally reached the "imminent" stage?
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Yay, my birthday too!SDAddick said:
February 18th is my birthday. Here's to hoping we get my 32nd year off to a blinder of a start.
I'm a few laps ahead though ...1 -
Really hope any new owner is just filthy rich and buys up players like it's no one's business. We deserve that surely.2
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I'm an enigma large you're right - uncategorisable - I do not claim to know who the bidders are or when things will happen. I do occasionally correct know it alls when they are wrong and I do sometimes have information to offer before it is in the public domain - from a variety of sources. For the benefit of the board of course - annoying the pedants is also a bit of a laugh but I never post incorrect info to wind people up - humour is the best way to respond to some people - if that comes across as being a WUM so be it.LargeAddick said:
where I stand:colthe3rd said:
My point still stands though. Undoubtedly there are people who make shit up and it's just baffling.superclive98 said:
The problem is that we don't know for sure who is ITK and who isn't. Experience tells which posters tend to be reliable and the comments from elsewhere should just be taken with a pinch of salt.colthe3rd said:
I just find it odd people make stuff up just to try and make out they are on the inside.superclive98 said:
Hope you're not referring to anyone in particular, as there's enough knicker-twisting going on this thread already.colthe3rd said:Seems weird that a date can be assured of for a sale if there are a number of interested buyers.
Then again I could also make up stuff on the internet that no one could ever prove wrong.
I guess it's a bit like the modern day fortune teller, say some stuff, be as vague as possible and hope that enough people buy into the shit you are spouting.
there are a few posters on here that I know personally and if they post something I would trust the information given as I know them and they wouldn't bullshit
there are a few posters on here who I don't know personally but the above do know and so I'm more inclined to trust what they say in the main
the great majority of posters I don't know from Adam and therefore take their posts with a generous pinch of salt although of course what they are posting could be correct
and then there is DOUCHER0 - Sponsored links:
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Assume rd has told rm he wants it to be over by next month...and as clumsy as it might be there is a duty froFishCostaFortune said:If there's no offers been made, how can Murray be so sure that it will all be done come February?
SDAddick said:
A+ for getting "paraphernalia" and "regalia" into a football song.seth plum said:The buyers arrived from Australia
And sorted the paraphenalia
The scarves black and white
Were stored out of sight
As we put on our Charlton regalia.SDAddick said:
A+ for getting "paraphernalia" and "regalia" into a football song.seth plum said:The buyers arrived from Australia
And sorted the paraphenalia
The scarves black and white
Were stored out of sight
As we put on our Charlton regalia.SDAddick said:
A+ for getting "paraphernalia" and "regalia" into a football song.seth plum said:The buyers arrived from Australia
And sorted the paraphenalia
The scarves black and white
Were stored out of sight
As we put on our Charlton regalia.
But C-for omitting genitaliaSDAddick said:
A+ for getting "paraphernalia" and "regalia" into a football song.seth plum said:The buyers arrived from Australia
And sorted the paraphenalia
The scarves black and white
Were stored out of sight
As we put on our Charlton regalia.6 -
We are nowhere near the imminent stage, we have been mired in the 'something's going on' stage for nearly a year.
https://www.youtube.com/watch?v=p98PjtSfNWo
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Good work, haven’t had a house buying analogy for a whileFansince1963 said:When buying a house in Plumstead, I remember the following procedures as explained by my Solicitor;
You exchange contracts (both parties sign the contract) and a completion date was set (in my case it was 28 days into the next month)
On completion the buyer will own(buy) the property.
I suspect that the contracts (by both parties) for the purchase of the club have been signed,
We are now awaiting the completion date, when the new owner will have legally purchased the club.
When Richard Murray spoke to the staff , he must have been confident that the contracts was signed and agreed and he
was awaiting the completion date, to transfer the club to the new owners.
Everybody is jittery , and the suspense is killing me and many of the supporters.
I am happy that the deal has been struck, and we all need to be patient, for the next few weeks7 -
As most of you are a day behind back in England, and as we've now slipped over into 1 February here, I am just letting you know Charlton's not been sold yet. I'll keep you updated.37
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I can also confirm that Konsa was not sold before the daleadline passed14
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So to summarise, there are three interested parties, all DD done, no concrete offers made, but due to finalise at end of Feb?
I can’t wait until this is over as well as the takeover!4 -
My thoughts exactly. They're will be a double celebration - new owners and the end of this thread._nam11 said:So to summarise, there are three interested parties, all DD done, no concrete offers made, but due to finalise at end of Feb?
I can’t wait until this is over as well as the takeover!3 -
I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.7 -
"Could be done" but timescales open to change.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.1 -
This takeover can’t happen soon enough so we can all stop bitching at each other and bitch at the new owner instead.10
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Any formal bids have to be given approval by the FA, the fit and proper persons committee and NLA.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.
When he knows, we'll know.
;-)0 -
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.4 -
More than one or less than 2?Airman Brown said:
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.2 -
1.5carly burn said:
More than one or less than 2?Airman Brown said:
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.3 -
so who do we rule out now then from the takeover ITK club - airman sand red henry can't both be right - are either of them right? possibly, both? definitely not0
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Has a figure been agreed possibly?Airman Brown said:
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.0 -
where's dave smith or even irving to summarise???0
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Konsa staying is the biggest indicator yet for me that a sale really is imminent.
Fully expected RD to cash in Konsa and stall negotiations to get the price he wants.
Maybe Murray played a part in persuading RD not to cash in on Konsa due to us already having 5 loans in.
I said a few days ago let's see where we are on Feb 1st before saying it's a good window. It's now been a good window, we've lost Holmes but replaced him with some good additions.
More convinced than ever now RD is out by the end of the month, it'd be great to see the whole club pulling together for a promotion push when he does finally go.14 -
Sorry I've probably missed this, but where are we getting the "no formal bids" from?ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.
Also, do we know how we're defining "formal bid?" Because some numbers must have been mentioned to get to the due diligence phase.
To take an example from really early in in my career, a company I was part of was looking to buy a company we had a relationship with, and it was widely agreed that the figure would be somewhere between $12-15m. So as we got close-ish to closing the deal, their senior people said "oh that $15m figure doesn't include our buyout clauses and stock potentials" or something along those lines. So in the end we made one final "take it or leave it offer," which was the only (or second, can't remember) "formal offer" we made.
Sorry, this is all a long way of saying a "formal offer" may just be the last offer or an offer made very near to the end. As in you agree a ballpark/range, undergo dd and all that, haggle back and forth, and then submit your formal offer.3 -
As the Chinese say when discussing the internal machinations of the ruling Communist Party, "Those who talk really don't know and those who really know don't talk."
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