I still don't understand what will happen to the dept(s) that has been carried over for the last few owners?
Can someone please explain in really simple terms?
Tyia
They stay exactly where they are unless cash from somewhere is used to repay them or they are written off by the creditors. Nothing changes purely as a result of a different person controlling a majority of shares - the debt is owed by the company, not the owner.
Depends on whether the lender (former Directors) have a change of control clause in their loans. If they do they would have a veto on change of control (ie ownership) unless their loans were paid down in full...
SSN: Sunderland new owner is hoping Appendix 3 will be completed before their home game on Sunday
So, what I don't understand is if Sunderland have have made this news public then why can't Charlton make a statement even if they don't want to give away the name of the new owner??.
SSN: Sunderland new owner is hoping Appendix 3 will be completed before their home game on Sunday
So, what I don't understand is if Sunderland have have made this news public then why can't Charlton make a statement even if they don't want to give away the name of the new owner??.
That would absolutely put an end to all speculation wouldn't it?
"Charlton Athletic have today formalised and finalised the takeover of the club and its real estate portfolio, including the freehold of The Valley; and the training facilities and Academy known as Sparrows Lane.
The deal ends the formal ownership of the club by its previous shareholder Roland Duchatalet.
Details of team management appointments, the strategic direction of the club, its player development and recruitment policies, associated sponsorship agreements, kit designs, pre-season tours, season ticket prices, fan incentive packages, catering changes and development of a full-time "pot-hole realignment directive" will be published by the new owners.
Still convinced Duchatelet will retain an interest in The Valley once the deal is completed.
You are not going to like the new owners either, you will be worried about their exit strategy, have they got enough money, who is really behind them, why do they really want a football team, have they a hidden agenda, will Bows and JJ be kept on, ......etc etc.
SSN: Sunderland new owner is hoping Appendix 3 will be completed before their home game on Sunday
So, what I don't understand is if Sunderland have have made this news public then why can't Charlton make a statement even if they don't want to give away the name of the new owner??.
That would absolutely put an end to all speculation wouldn't it?
"Charlton Athletic have today formalised and finalised the takeover of the club and its real estate portfolio, including the freehold of The Valley; and the training facilities and Academy known as Sparrows Lane.
The deal ends the formal ownership of the club by its previous shareholder Roland Duchatalet.
Details of team management appointments, the strategic direction of the club, its player development and recruitment policies, associated sponsorship agreements, kit designs, pre-season tours, season ticket prices, fan incentive packages, catering changes and development of a full-time "pot-hole realignment directive" will be published by the new owners.
But we don't want to say who they are yet".
This does puzzle me too if the deal has been done. I could understand if the Rochdale game was the nail biter it could have been - that off pitch distractions are not a good idea but surely there will be an announcement at some point - possibly in the middle of the play offs. Surely now is a good time.
Comments
Now I am wondering if it will reach 1000.
Monday will do for us.
"Charlton Athletic have today formalised and finalised the takeover of the club and its real estate portfolio, including the freehold of The Valley; and the training facilities and Academy known as Sparrows Lane.
The deal ends the formal ownership of the club by its previous shareholder Roland Duchatalet.
Details of team management appointments, the strategic direction of the club, its player development and recruitment policies, associated sponsorship agreements, kit designs, pre-season tours, season ticket prices, fan incentive packages, catering changes and development of a full-time "pot-hole realignment directive" will be published by the new owners.
But we don't want to say who they are yet".
Exciting times! Go with the flow.
I’ll want to settle down
Down
Down
Until tomorrow, I just keep moving on
Da da da dar
Da da da dar
Christ knows what we'd do without the Ivory Coast imports...