The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Did no one else contact henslow ( raising capital for the Oz bid) in the summer pretending to be a serious investor so as to get some pretty good info on what they were about and what their plans are?
Just me then.3 -
What did you expect? A full statement confirming it was nearly done?Zinedine Bagheri said:I emailed the Australian Football Consortium (AFC) this morning and got a reply.
They said that, at this stage at least, the rumours linking AFC with a takeover of Charlton Athletic are incorrect.
For all I know it could be smoke and mirrors before an impending takeover but that's what they told me and I'm inclined to believe them.8 -
How do you know beforehand if it's a better owner? Didn't RD look good on paper, say the right things when he took over? We'd all like some sort of guarantee.PragueAddick said:
With you 100% on this.Covered End said:Just in case anyone thinks I've "swapped sides", I haven't.
I want RD out, but only if we have a better owner.
I don't want him out for a worse owner that could send us to the wall.
All, I'm saying is we need to have a little patience here and see what develops.0 -
Well you may not, which is the point we are making.Nug said:
How do you know beforehand if it's a better owner? Didn't RD look good on paper, say the right things when he took over? We'd all like some sort of guarantee.PragueAddick said:
With you 100% on this.Covered End said:Just in case anyone thinks I've "swapped sides", I haven't.
I want RD out, but only if we have a better owner.
I don't want him out for a worse owner that could send us to the wall.
All, I'm saying is we need to have a little patience here and see what develops.1 -
Won't be far offCovered End said:
If only that was guaranteed to be true.J BLOCK said:
If we had 100 new owners only 1 would be worse that this nasty mob. I'll take the risk.Covered End said:Just in case anyone thinks I've "swapped sides", I haven't.
I want RD out, but only if we have a better owner.
I don't want him out for a worse owner that could send us to the wall.
All, I'm saying is we need to have a little patience here and see what develops.0 -
Happy to gamble on a new owner , I’ve never felt less for Charlton Athletic than I have under this fuckwit ownership
He who dares Rodney , he who dares .....25 -
I wasn't expecting a response at all, let alone one in half an hour. I emailed him back saying it was a shame but thanks for letting me know. He said to feel free to touch base if I hear anything in the future and that's it.Callumcafc said:
What kind of response were you expecting?Zinedine Bagheri said:I emailed the Australian Football Consortium (AFC) this morning and got a reply.
They said that, at this stage at least, the rumours linking AFC with a takeover of Charlton Athletic are incorrect.
For all I know it could be smoke and mirrors before an impending takeover but that's what they told me and I'm inclined to believe them.0 -
Right now: ABR.9
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Share it. Take out names if you have to.Zinedine Bagheri said:
I wasn't expecting a response at all, let alone one in half an hour. I emailed him back saying it was a shame but thanks for letting me know. He said to feel free to touch base if I hear anything in the future and that's it.Callumcafc said:
What kind of response were you expecting?Zinedine Bagheri said:I emailed the Australian Football Consortium (AFC) this morning and got a reply.
They said that, at this stage at least, the rumours linking AFC with a takeover of Charlton Athletic are incorrect.
For all I know it could be smoke and mirrors before an impending takeover but that's what they told me and I'm inclined to believe them.
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What worries me is who is going to be judging this 'talent' and whether they are good enough for whatever division we are playing in? I don't want more sub-par players forced on to our manager who is then expected to play them because of some dreamed up strategy by someone who's priorities lie elsewhere. We've been there before and it didn't work out. I want whoever takes over to make US their priority. Not some players who may or may not be the future of Aussie football.killerandflash said:Any new owners will desperately want to get out of this division
Where we are now, and looking at the teams around us, I imagine that promotion will be the first thing on their agenda, so some money will be spent in January. Everything else, whether it's attracting the best Aussie talent or getting a punt at promotion to the Premier League will wait until we get out of L1.0 - Sponsored links:
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If Muir is acting on his own then maybe AFC are not involved any more.Zinedine Bagheri said:
I wasn't expecting a response at all, let alone one in half an hour. I emailed him back saying it was a shame but thanks for letting me know. He said to feel free to touch base if I hear anything in the future and that's it.Callumcafc said:
What kind of response were you expecting?Zinedine Bagheri said:I emailed the Australian Football Consortium (AFC) this morning and got a reply.
They said that, at this stage at least, the rumours linking AFC with a takeover of Charlton Athletic are incorrect.
For all I know it could be smoke and mirrors before an impending takeover but that's what they told me and I'm inclined to believe them.3 -
That's entirely possible Large. All I know is what I've shared although I realise there are people that doubt my credibility for whatever reason. I'd love it if the club had links to Australia seeing as I live here.LargeAddick said:
If Muir is acting on his own then maybe AFC are not involved any more.Zinedine Bagheri said:
I wasn't expecting a response at all, let alone one in half an hour. I emailed him back saying it was a shame but thanks for letting me know. He said to feel free to touch base if I hear anything in the future and that's it.Callumcafc said:
What kind of response were you expecting?Zinedine Bagheri said:I emailed the Australian Football Consortium (AFC) this morning and got a reply.
They said that, at this stage at least, the rumours linking AFC with a takeover of Charlton Athletic are incorrect.
For all I know it could be smoke and mirrors before an impending takeover but that's what they told me and I'm inclined to believe them.0 -
I've extended the original report here.21
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I’m not even mad at you.soapy_jones said:¡uı ʞɔnɟ ǝɥʇ ʇǝb ǝsɐǝןd ǝsɐǝןd ˙˙˙sbɐɹ ǝoʇ uɐıbןǝq ǝsoɥʇ ɟo ʞɔɐq ǝɥʇ ǝǝs oʇ ɹɐǝʎ buıʞɔnɟ ʎɯ ǝʞɐɯ pןnoʍ ʇı ˙ɹǝɥsoʞ sı sʍǝu sıɥʇ ʇɐɥʇ ǝdoɥ ʎןןɐǝɹ ı
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At work, semi excited, can't go through the thread, but the number of comments suggest something... or does it..?2
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This thread is where I will spend much of this Friday. Gonna get nice and comfy.4
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Excellent post as usual.SDAddick said:
What is the "accumulate" part of this equation? Is it spending money on players that have high resale value? Is it spending on the academy so that we bring through more players to sell on? I think both of those are decent ambitions.SoundAsa£ said:
Where is the “speculate to accumulate” ethos in your argument.....nowhere it would seem?SDAddick said:
No no no, no one is forgetting here. It's just going back to my last point, who would want to buy us now?Nug said:
What's the current business model, alienate the fans and sell any young player with an ounce of talent? Amazing how quickly people forget what's gone on for the last 3 years after a half decent start to the season in a shit league. I think it's worth a gamble.SDAddick said:
These are my thoughts exactly.ShootersHillGuru said:I've missed out on a whole evening of posts having just spent the entire evening driving back from Devon.
Was hoping a little more detail had leaked out but seems not.
Based on the likelihood that it's the Aussies we're talking about just how certain are we that their ownership would be a safe pair of hands ? All the talk of not having enough funds have persisted although I guess that at least must have changed.
I presume we know their business model and we know that they have ambition but is that enough ?
I would hate us to jump out of the frying pan straight into the fire.
Just saying.
What exactly is their business model?
As far as selling any decent young players, while we're in this division I don't know of any other business model. How else are we going to bring in revenue to match our losses? And if we're not making money, do we expect an owner who will come in and just pump money into the club in the form of philanthropy, and not loans? Because I think that's really unlikely.
But if the "accumulate" is reaching the Premier League then we're looking at tens if not hundreds of millions of pounds needing the be speculated before there can be any accumulation.
And this is a good example of why "uniting the fans" is not enough. It's not a business plan, it's a PR strategy. And moreover, I think a lot of fans will want a lot of money pumped in to the club. And as we've seen time and again, money comes with string attached. Be it debt, be it potentially unrealistic expectations, or be it that eventually the money runs out. That's what I think makes some of us so cautious.0 -
LennyLowrent said:
At work with a semi. can't go through the thread incase I see the ice silk boxers advert., but the number of comments suggest something... or does it..?
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You laugh but don't you wish we had an answer to that from the Spivs and from Duchatelet.Addickted said:Can I be the first to ask what the new owners exit strategy is?
Maybe we wouldn't be in the mess we are now.2 - Sponsored links:
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My semi facilities have now officially been demoted to a quarter. ...ricky_otto said:LennyLowrent said:At work with a semi. can't go through the thread incase I see the ice silk boxers advert., but the number of comments suggest something... or does it..?
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and there's the rub. Duchatelet has no interest in the long term future for our club, only his money and ego.Nug said:
Makes little difference what you or I think or want, RD will sell as and when he gets an acceptable offer and he won't give 2 shits who to.Covered End said:Just in case anyone thinks I've "swapped sides", I haven't.
I want RD out, but only if we have a better owner.
I don't want him out for a worse owner that could send us to the wall.
All, I'm saying is we need to have a little patience here and see what develops.
He will sell regardless of who the new owners are or what their motives or abilities to deliver success are.
But we need to wait to see if it happens and who the new lot are.
The six questions I raised when the spivs took over remaim valid
1. Who owns the club?
2. What is the business plan?
3. How is the business plan to be financed?
4. What are the plans for the Valley?
5. What are the plans for the academy?
6. What is the exit strategy?8 -
Too bloody right! The majority of us have wanted this lot out for near on 3 years, and now as we are the closest yet to that may be happening, certain individuals are worried that the new lot could be worse!Nug said:
Crikey....you know the owner is toxic, fans are leaving in droves, we have the richest owner in our history but one who has no ambition to further Charlton as a competitive football team and you're happy to carry on as we are. I'm still amazed at how quickly people have changed their tune on getting these idiots out. Could new owners be worse? Yes. Could they be better? Yes. Maybe I'm prepared to take the chance because I won't be back till these idiots fuck off.Covered End said:
How can anything be worth a gamble when you don't know the runners and riders/team/contestants ?Nug said:
What's the current business model, alienate the fans and sell any young player with an ounce of talent? Amazing how quickly people forget what's gone on for the last 3 years after a half decent start to the season in a shit league. I think it's worth a gamble.SDAddick said:
These are my thoughts exactly.ShootersHillGuru said:I've missed out on a whole evening of posts having just spent the entire evening driving back from Devon.
Was hoping a little more detail had leaked out but seems not.
Based on the likelihood that it's the Aussies we're talking about just how certain are we that their ownership would be a safe pair of hands ? All the talk of not having enough funds have persisted although I guess that at least must have changed.
I presume we know their business model and we know that they have ambition but is that enough ?
I would hate us to jump out of the frying pan straight into the fire.
Just saying.
What exactly is their business model?
We all know the current owner is toxic, but at this stage, I for one know nothing about a potential new owner and their finances, so how can I possibly take a a gamble today ?
Give me some facts and I'd agree that on the balance of probability a new owner could be great, but with zero information I cannot.
Man up and celebrate the fact that the Belgians could be gone very soon.21 -
http://www.votvonline.com/home/the-2017-18-blogs/20-10-charlton-takeover-at-advanced-stage/
Extended version of the original article with a little bit more info
Final para is interesting
"I can report with certainty that the due diligence is at an advanced stage. While that does not guarantee a deal will be concluded or any timeline, it will necessarily have required extensive co-operation from the football club, which is unlikely to have been forthcoming without significant proof of funds and an indicative agreement on price. In short, the approach has to be a credible one and of interest to Duchatelet simply to have got this far."1 -
Proper "no on puts baby in the corner" moment thereNug said:
Wanting to turn up again.SDAddick said:
What is "success" to you?Nug said:JamesSeed said:
Wanting success and wanting the fans along with them isn't enough. They need buckets of cash.Nug said:
Doesn't have to be a fairytale just some owners who want success on the pitch first and foremost and want the fans along with them.RodneyCharltonTrotta said:.
Maintaining healthy scepticism whilst hoping for the best but won't be surprised if it's not a fairytale as don't seem to be many successful takeovers in recent years but hoping we buck that trend if this materialises.Nug said:
What's the current business model, alienate the fans and sell any young player with an ounce of talent? Amazing how quickly people forget what's gone on for the last 3 years after a half decent start to the season in a shit league. I think it's worth a gamble.SDAddick said:
These are my thoughts exactly.ShootersHillGuru said:I've missed out on a whole evening of posts having just spent the entire evening driving back from Devon.
Was hoping a little more detail had leaked out but seems not.
Based on the likelihood that it's the Aussies we're talking about just how certain are we that their ownership would be a safe pair of hands ? All the talk of not having enough funds have persisted although I guess that at least must have changed.
I presume we know their business model and we know that they have ambition but is that enough ?
I would hate us to jump out of the frying pan straight into the fire.
Just saying.
What exactly is their business model?
We have an owner with buckets of cash and it's not really been a success has it? Wanting success and taking the fans along is probably enough for me at the moment after the last 3 years.0 -
IF this is all genuine and going to happen, then KR should stay.
I was dubious of him at first, not based on his managerial record, decent at this level, but his public persona, his OTT interviews and David Brent'esq statements used to grind my gears when he was at franchise FC.
However, annoying as he is sometimes, he's our annoying, I have grown to love his passion, his openness in interviews, bringing in Charlton people who understand the club to help coach, the fact he persuaded Holmes to stay was brilliant, his attention to detail in squad preparation.
Let's not forget, to last this long under RD takes something, and he has clearly turned the tide in terms of results and league position, and that is, after all, all any of us care about.
I know a match day staff member well, who interacts with KR, even though he has nothing to do with the football side of things on matchdays, he tells me that he is a genuine bloke, friendly and good with all staff members, regardless of stature or level at the club, he even hugged my mate after the Donny game on the pitch after the game.41 -
For this to have leaked I would have thought the sale is at the stage where former directors, and not just Murray, are being consulted.2
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My concerns are from post one of this thread, particularly these bits from the Mail on line .
AFC, who have their sights on making Charlton the breeding ground for talent from Down Under, have undertaken initial due diligence with plans to turn Karl Robinson's side into 'Australia's Football Club'.
AFC's stated aim is to return Charlton to the Premier League, though there is a desire to create a natural link between the club and Australian football, making Charlton something of a feeder club for the next generation of Aussie superstars.
Nothing wrong with Premiership ambitions, but achieving it with ‘promising’ young Aussie lads seems about as likely as getting there with Belgian rejects. I hate to think of Charlton as a feeder club with a stolen identity.
Just to be clear, I want the present owner out, but surely the main objective must be to restore Charlton's identity.
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I wonder if this explains the odd transfer dealings at the end of the summer window. Flogging Novak last minute, bringing in an inexperienced loan and going into the season without backup for Josh.
If you're close to selling the club then I guess there's no sense in splashing cash on what is usually the most expensive position to recruit in.2 -
I just hope you're right.Nug said:JamesSeed said:
Wanting success and wanting the fans along with them isn't enough. They need buckets of cash.Nug said:
Doesn't have to be a fairytale just some owners who want success on the pitch first and foremost and want the fans along with them.RodneyCharltonTrotta said:.
Maintaining healthy scepticism whilst hoping for the best but won't be surprised if it's not a fairytale as don't seem to be many successful takeovers in recent years but hoping we buck that trend if this materialises.Nug said:
What's the current business model, alienate the fans and sell any young player with an ounce of talent? Amazing how quickly people forget what's gone on for the last 3 years after a half decent start to the season in a shit league. I think it's worth a gamble.SDAddick said:
These are my thoughts exactly.ShootersHillGuru said:I've missed out on a whole evening of posts having just spent the entire evening driving back from Devon.
Was hoping a little more detail had leaked out but seems not.
Based on the likelihood that it's the Aussies we're talking about just how certain are we that their ownership would be a safe pair of hands ? All the talk of not having enough funds have persisted although I guess that at least must have changed.
I presume we know their business model and we know that they have ambition but is that enough ?
I would hate us to jump out of the frying pan straight into the fire.
Just saying.
What exactly is their business model?
We have an owner with buckets of cash and it's not really been a success has it? Wanting success and taking the fans along is probably enough for me at the moment after the last 3 years.0
