The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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It’s one source, albeit an interesting one. It would mean, for example, that a party which hadn’t completed due diligence could do so safe in the knowledge that the club won’t be sold from under them while they are doing the work. It could mean that an agreement has been reached in principle but certain things remain to be bottomed out. It gives the buyer confidence that the seller isn’t negotiating with a third party behind their back.PeterGage said:
What does this actually mean in taking the takeover process forward - thanksAirman Brown said:I have a source who says that a period of exclusivity began nearly two weeks ago.
I’ve been separately told that due diligence is complete, i.e. all the issues identified before Christmas have now been resolved.
Some of the “nothing is happening” reports are likely to originate from ex-directors with loans - however, it is possible to do the deal without their consent so there is little reason to bring them in before the end if at all. They don’t have sufficient clout to be the difference between the deal happening or not happening, IMO, (and they don’t speak with one voice, either) which isn’t to say they won’t be offered a deal. Obviously they are all (or most of them) very interested spectators.
My view on this has changed since one of them confirmed to me that the loans can be rolled over without their consent (that is, they can be when no new leases are required, which I understand is the case. The freehold is being acquired with the club).45 -
My prediction is that 17th Feb is the day........
........that we get told it should happen 'some time in March'.7 -
I can't see Kashi signing a new contract unless we're promoted anyway, does he really want to play in the 3rd division next season?Henry Irving said:https://www.londonnewsonline.co.uk/charlton-athletic-midfielder-wants-valley-stay-but-takeover-talks-prevent-contract-offer-being-made/
Robinson says takeover preventing Kashi deal.4 -
He'd be a liability in the Championship to be honest. He's too slow on the ball - not through lack of ability, of course, but because he persists in slowing the tempo for no reason, which you simply cannot do in desperate leagues like this and the Champ.killerandflash said:
I can't see Kashi signing a new contract unless we're promoted anyway, does he really want to play in the 3rd division next season?Henry Irving said:https://www.londonnewsonline.co.uk/charlton-athletic-midfielder-wants-valley-stay-but-takeover-talks-prevent-contract-offer-being-made/
Robinson says takeover preventing Kashi deal.1 -
Yes Airman!Airman Brown said:I have a source who says that a period of exclusivity began nearly two weeks ago.
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Yeah I thought the same... the promotion push is hindering Contract talks for me... not the Takeoverkillerandflash said:
I can't see Kashi signing a new contract unless we're promoted anyway, does he really want to play in the 3rd division next season?Henry Irving said:https://www.londonnewsonline.co.uk/charlton-athletic-midfielder-wants-valley-stay-but-takeover-talks-prevent-contract-offer-being-made/
Robinson says takeover preventing Kashi deal.
“He’s not looking to leave,” said Robinson. “He said to me ‘gaffer – let’s get promoted, let’s push to try and achieve our goals and then we’ll have a chat in the summer’.
i.e. the "He's not looking to leave" bit is contradicted by the rest of highlighted section... He's not looking to leave IF we get promoted - If we dont then he'll be the first one out the door in the summer I reckon, thats why he wants to wait till then before signing something2 -
@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?0
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Fingers and toes crossedCAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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Thanks @Airman Brown for that comprensive explanationAirman Brown said:
It’s one source, albeit an interesting one. It would mean, for example, that a party which hadn’t completed due diligence could do so safe in the knowledge that the club won’t be sold from under them while they are doing the work. It could mean that an agreement has been reached in principle but certain things remain to be bottomed out. It gives the buyer confidence that the seller isn’t negotiating with a third party behind their back.PeterGage said:
What does this actually mean in taking the takeover process forward - thanksAirman Brown said:I have a source who says that a period of exclusivity began nearly two weeks ago.
I’ve been separately told that due diligence is complete, i.e. all the issues identified before Christmas have now been resolved.
Some of the “nothing is happening” reports are likely to originate from ex-directors with loans - however, it is possible to do the deal without their consent so there is little reason to bring them in before the end if at all. They don’t have sufficient clout to be the difference between the deal happening or not happening, IMO, (and they don’t speak with one voice, either) which isn’t to say they won’t be offered a deal. Obviously they are all (or most of them) very interested spectators.
My view on this has changed since one of them confirmed to me that the loans can be rolled over without their consent (that is, they can be when no new leases are required, which I understand is the case. The freehold is being acquired with the club).3 -
He strikes me as someone who would happily plod along in the third division as long as he was getting paid well to do it.ForeverAddickted said:
Yeah I thought the same... the promotion push is hindering Contract talks for me... not the Takeoverkillerandflash said:
I can't see Kashi signing a new contract unless we're promoted anyway, does he really want to play in the 3rd division next season?Henry Irving said:https://www.londonnewsonline.co.uk/charlton-athletic-midfielder-wants-valley-stay-but-takeover-talks-prevent-contract-offer-being-made/
Robinson says takeover preventing Kashi deal.
“He’s not looking to leave,” said Robinson. “He said to me ‘gaffer – let’s get promoted, let’s push to try and achieve our goals and then we’ll have a chat in the summer’.
i.e. the "He's not looking to leave" bit is contradicted by the rest of highlighted section... He's not looking to leave IF we get promoted - If we dont then he'll be the first one out the door in the summer I reckon, thats why he wants to wait till then before signing something
But yeah, anyway the takeover.....0 -
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Only an opinion but I do.CAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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Any idea who is bankrolling the Australian consortium?Airman Brown said:
Only an opinion but I do.CAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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Thanks Airman! Heres hoping!Airman Brown said:
Only an opinion but I do.CAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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That's good enough for me.Airman Brown said:
Only an opinion but I do.CAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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21st Feb, by any chance?Airman Brown said:
Only an opinion but I do.CAFCTrev said:@Airman Brown do you think everything will be finalised and a new owner in place by the end of this month?
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I was told this morning that a deal will be at the end of March beginning of April.
Person of prominence also said remember this conversation.1 -
Oooooh !scabbyhorse said:I was told this morning that a deal will be at the end of March beginning if April.
Person of prominence also said remember this conversation.
March 22nd would be a fitting day as it's my BIG one too .0 -
Could be concluded sooner fanny but the person I spoke too was quite sure 2 months!0
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Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case1
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Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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What does ok mean? How rich we talking?.Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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I think Airman's 'OK' was to the fact that they have enough money and will invest in the club. How rich they are doesn't really matter if they won't spend it - Duchatelet certainly had enough - but spend it on CAFC....Valley27000 said:
What does ok mean? How rich we talking?.Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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no but we are thick football fans, i'd rather they were super loaded like the twunt who owns us now and what he does spend he spends badly rather than someone/group who have a 1/4 of his wealth and are wiser on how to spend it1
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To be fair I think RD has spent whilst here, just not as much as we would like and, certainly, too much wasted on his misguided philosophies.cafc-west said:
I think Airman's 'OK' was to the fact that they have enough money and will invest in the club. How rich they are doesn't really matter if they won't spend it - Duchatelet certainly had enough - but spend it on CAFC....Valley27000 said:
What does ok mean? How rich we talking?.Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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Until he sells and the price is crystallised, he's spent F*** All. Just loaded debt-onto the clubcharente addick said:
To be fair I think RD has spent whilst here, just not as much as we would like and, certainly, too much wasted on his misguided philosophies.cafc-west said:
I think Airman's 'OK' was to the fact that they have enough money and will invest in the club. How rich they are doesn't really matter if they won't spend it - Duchatelet certainly had enough - but spend it on CAFC....Valley27000 said:
What does ok mean? How rich we talking?.Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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What version is that ...Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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J BLOCK said:
What version is that ...Airman Brown said:
Has the money and spends the money are two different things, as we’ve been shown. But the version I heard re the Aussies would be OK.AveryAddick said:Really hope who ever it is has the Money & a plan to at least make us competitive in the Championship. @Airman Brown are you confident that this would be the case
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There’s always an upside.killerandflash said:
I can't see Kashi signing a new contract unless we're promoted anyway, does he really want to play in the 3rd division next season?Henry Irving said:https://www.londonnewsonline.co.uk/charlton-athletic-midfielder-wants-valley-stay-but-takeover-talks-prevent-contract-offer-being-made/
Robinson says takeover preventing Kashi deal.0 -
Who are the two players KR says he had lined up and would have signed for us on a permanent deal?0
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I thought it was Moore and Carruthers0
