The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

SDAddick

Not to be the constant bummer, but I can't really see the club being sold before it's determined what division we'll be in next year. From a money perspective I imagine a fair amount will be riding on that.

There is of course a case to be made that you could structure a deal so that if we get promoted the, the cost is a, if we make the playoffs it's x, if we make it to Wembley it's y, and if we don't get to the playoffs it's z.

Now you could make the case that you could structure a deal right now that has clauses that account for all those things. But given the inability to do that to this point, I can't really see it. Plus, Roland will probably be hoping that us getting promoted means more potential buyers could come into the frame.

bazjonster

bolloxbolder said:

Reams also saying it's gonna happen next week now. British consortium.

Racehorse owners apparently!!!

J BLOCK

bazjonster said:

bolloxbolder said:

Reams also saying it's gonna happen next week now. British consortium.

Racehorse owners apparently!!!

Take no notice of anything he says.

Manicmania

Knowing Roland and his penny pinching ways it's probably more now about waiting for a possible Wembley pay-day/playoff TV money than what league we are in which has probably already been accounted for.

Chizz

SDAddick said:

Not to be the constant bummer, but I can't really see the club being sold before it's determined what division we'll be in next year. From a money perspective I imagine a fair amount will be riding on that.

There is of course a case to be made that you could structure a deal so that if we get promoted the, the cost is a, if we make the playoffs it's x, if we make it to Wembley it's y, and if we don't get to the playoffs it's z.

Now you could make the case that you could structure a deal right now that has clauses that account for all those things. But given the inability to do that to this point, I can't really see it. Plus, Roland will probably be hoping that us getting promoted means more potential buyers could come into the frame.

What do you think the difference to the terms would be dependent on whether we are in L1 or the Championship?

Do you think a consortium planning to buy and run the club properly for a couple of decades would be so concerned about this year's finishing position? To me it would be quite a worry if a buyer would be prepared to jeopardise a deal for the sake of a promotion that they should otherwise be confident of achieving anyway.

SDAddick

Chizz said:

SDAddick said:

Not to be the constant bummer, but I can't really see the club being sold before it's determined what division we'll be in next year. From a money perspective I imagine a fair amount will be riding on that.

There is of course a case to be made that you could structure a deal so that if we get promoted the, the cost is a, if we make the playoffs it's x, if we make it to Wembley it's y, and if we don't get to the playoffs it's z.

Now you could make the case that you could structure a deal right now that has clauses that account for all those things. But given the inability to do that to this point, I can't really see it. Plus, Roland will probably be hoping that us getting promoted means more potential buyers could come into the frame.

What do you think the difference to the terms would be dependent on whether we are in L1 or the Championship?

Do you think a consortium planning to buy and run the club properly for a couple of decades would be so concerned about this year's finishing position? To me it would be quite a worry if a buyer would be prepared to jeopardise a deal for the sake of a promotion that they should otherwise be confident of achieving anyway.

Oh no I think the hold up here is Roland. I think that's largely been the case all along. The noises coming from those who know such things make it sound like he's moved the goal posts, asked for add ons, etc, and that would be wholly consistent with pretty much everything he's done here.

From his perspective, why would you sell now when you could have a more valuable proposition in a month's time? If we get to Wembley and get promoted it's not like they hand you a big check and he can just walk away with it. If due diligence has been done then the buyer can look at the books and just adjust their price accordingly. I expect he'll want to use promotion as leverage to increase the price and probably try to attract more buyers, which he would hope drives up the price as well.

ross1

I hate the thought that if we succeed, (even with all the problems RD has put in our way), he would benefit

btrain88

I've been hiking the inca trail to Machu Picchu for the last 4 days and was hoping this would all be over by the time i was finished... the circus goes on

SDAddick

btrain88 said:

I've been hiking the inca trail to Machu Picchu for the last 4 days and was hoping this would all be over by the time i was finished... the circus goes on

1) that sounds awesome
2) does altitude make you delusional? This. Will. Never. End.

Alwaysneil

Best thing for altitude sickness? Coca leaves with alkaline substrate.

Worked for the Incas for thousands of years. They hate cocaine though.

kentred2

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

charltonbob

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

We're fucked aren't we :-(

StreekDerek

I am definitely not in the know,but think that the only logical explanation is that consortium A is bidding more, if we are in the Champioship next season,than consortium B and vice versa, if we are in League 1. But then again, when did logic ever apply to Charlton!

blackpool72

btrain88 said:

I've been hiking the inca trail to Machu Picchu for the last 4 days and was hoping this would all be over by the time i was finished... the circus goes on

I'm seriously jealous of you right now.
Enjoy mate

eaststandmike

He will hold out until he knows what league we are in next season. If we get promoted don't be surprised to hear that he is not selling and he thinks he is a success and one step away from the Premiership.

If we have 15,000 plus next week against Blackburn and take 30,000 to Wembley the guy will be laughing his head off at us.

Fickle fans who protest one week and flock in their thousands the next.

Fuck him.

#notapennymore

Airman Brown

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RD is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

The Red Robin

Airman Brown said:

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RD is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

Why would he be so bothered about Varney? Or is that Murray's influence / worry?

Goonerhater

Reams ???? The guy who gets free tickets off of The Cloob for the lounge etc and was their mouth piece ??? but let's take what he says as kosher ---- nahhhhh I don't think so

Cafc43v3r

Why would RD be so worried about PV being involved? I can understand RM being worried as that would see an end to his seat at the top table.

I would be supprised if RD knows who PV is outside of what RM would have told him.

I doubt RD gives a toss who he sells us too, as long as he gets his dough.

clb74

eaststandmike said:

He will hold out until he knows what league we are in next season. If we get promoted don't be surprised to hear that he is not selling and he thinks he is a success and one step away from the Premiership.

If we have 15,000 plus next week against Blackburn and take 30,000 to Wembley the guy will be laughing his head off at us.

Fickle fans who protest one week and flock in their thousands the next.

Fuck him.

#notapennymore

Don't be silly mike we will do a Blackpool and take less than 5000 to Wembley.
Hats off to you staying away

carly burn

Airman Brown said:

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RD is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

Can't see the PV thing.

If anything, I think he'd be more inclined to sell the loss making club he ruined to someone he can't stand.
I agree with the above though. RD has no reason for beef with PV.

Manicmania

Didn't PV threaten his beloved Kat with legal action at one stage though? I can believe that

killerandflash

The Red Robin said:

Airman Brown said:

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RD is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

Why would he be so bothered about Varney? Or is that Murray's influence / worry?

He was forced to watch On the Buses when he was young, and hates anything to do with it

Ferryman

Cafc43v3r said:

Why would RD be so worried about PV being involved? I can understand RM being worried as that would see an end to his seat at the top table.

I would be supprised if RD knows who PV is outside of what RM would have told him.

I doubt RD gives a toss who he sells us too, as long as he gets his dough.

Perhaps Roland wants a share of future billboard advertising revenues.

Airman Brown

carly burn said:

Airman Brown said:

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RD is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

Can't see the PV thing.

If anything, I think he'd be more inclined to sell the loss making club he ruined to someone he can't stand.
I agree with the above though. RD has no reason for beef with PV.

I’m not sure reason comes into it. If you’ve seen the ROT discussion with RD from last year it’s clear RD has some wild views about Varney and of course RM has his own agenda and reasons for reinforcing them.

To my knowledge PV has not been involved in any recent interest, but that doesn’t mean they won’t worry that he is.

I don’t know the truth of it, but the source of this is someone who doesn’t know anything about the history but is close to what is going on.

ShootersHillGuru

What is going on ?

blackpool72

ShootersHillGuru said:

What is going on ?

After over 600 pages on this thread I have absolutely no idea

nth_london_addick

Airman Brown said:

kentred2 said:

Problem is Duchatelet is not under any pressure to sell (he is wealthy, about 10000 still go to support his team, there are no protests) , so can hold out for as long as he likes to get the deal he wants re the land possibly, the debt, future transfers etc. All of which is making the position worse for any new owner and CAFC.

There's a logical problem between people arguing that Duchatelet is holding out for the best possible deal, demanding extras, hoping for promotion, etc, and this argument that he is under no immediate pressure, when the immediate situation is mounting losses. He may well have constructed a deal that rewards him for the sale of current players, but the debt goes on rising every month that passes. He can't be both anxious to screw every last penny out of the club AND oblivious to fact that time is money, can he?

It's been suggested to me that one reason for the recent hold-up is that RM is absolutely paranoid about PV being somewhere in the mix. That ties up with what one of his former employees was saying a year ago, but it's just one more story swirling around.

Fixed for you

Murray has been the blocker on this deal all along not RD I have been saying it for months now

harveys_gardener

I think the uncertaincy of the financial benefit of Wembley is the hold up. You can factor in a price for L1 or promotion but Wembley success and Wembley failure is harder to cost. June sale.

HarryLime

ShootersHillGuru said:

What is going on ?

I think someone is trying to flog a football club, but it might be a house, I'm not sure to be honest.