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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Redrobo said:

    Scoham said:
    Slightly concerning if the new owners don't have 40m to buy him out completely
    Been my concern with the Aussie bid all along that they don’t have the money needed to run the club

    I will wait and see what the official line is before getting excited

    If someone doesn’t have 40 mil to buy us out lock stock and smoking barrels then there is serious implications on them being able to make us compete in this league let alone any other ambitious plans they may think they can achieve



    Just asking if there’s a reason why someone wouldn’t want to pay all the money immediately?

    Or is it sale or return?
    If you were buying the club for £50m, would you think a deal to pay £30m and the balance of £20m back at the rate of 10% of youth player sales a good one?
    I’m simply asking the question, which nobody has given any answer too, what benefit if any, would it be to a buyer, not to pay everything upfront?
    The debt carries a 3% rate of interest. If I was a wealthy entrepreneur I would be looking to make nearer 20% on my capital. So if I can use someone else’s capital at a cost of 3% I use my own £40m of capital elsewhere earning 20% leaving me 17% after paying back the loan.
    I don't doubt you, Dipps, but tell me please - if I was a wealthy entrepreneur how would I make 20% on my capital?
  • So it looks the aussies have no money then


    This is looking increasingly more likely, notgood.
  • edited May 2018

    So it looks the aussies have no money then


    Muir has plenty of money. He is just not prepared to throw it about like a mad man so RD can get his cash back.

    I’m not worried in the slightest.
    Actually, he doesn’t have that much money when you look at the costs of running a very successful football club.
  • Are the Aussies really any closer than they were two months ago?

    I have a feeling Thursdays visit was a pressure applying exercise.

    They don't sell match tickets for the directors box as far as I can tell. Somebody must have invited or approved of Mr Muir being there.
  • I would be inclined to buy a very modest number of shares, but absolutely not if Duchatelet owns any part of the club.
    It would be absurd to oppose him then financially associate with him.
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  • What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience

    That will be the most difficult thing for many

    If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely

  • Scoham said:

    What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience

    That will be the most difficult thing for many

    If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely

    Not many League 1 clubs that get promoted spend their way out of this league. Powell made a lot signings but not many were for a fee. Those that we did pay a fee for weren’t big money signings.
    High League 1 wages though.

  • edited May 2018
    DA9 said:

    Grimsby away years ago and a police horse, something like that.

    I was told Brighton away, 7-0 loss early 80’s, major tear up in the park outside the goldstone after the game, OB fell off his horse as it reared up during the melee, almost happened at Horwich station after Bolton FA cup QF game as well
    This is accurate ... except it was the 70’s
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  • Nobody really knows whether the Aussies would be good for Charlton or better than any other potential owner, but if they get the club out of the grip of Duchatelet they will have done us all a service.

    Thank you Airman Brown.

  • Scoham said:

    What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience

    That will be the most difficult thing for many

    If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely

    Not many League 1 clubs that get promoted spend their way out of this league. Powell made a lot signings but not many were for a fee. Those that we did pay a fee for weren’t big money signings.
    High League 1 wages though.

    Actually 30% less than Huddersfield that season, who finished 4th.

    Again I will remind people about AFCW. Owned by the fans running a £4m budget, and have raised the finance to build their own ground.

    I wouldn't be surprised if we have a top 3 budget this year because of all the wasted money. I suppose RD will have made sure that we rather than STVV are paying for most of Vetokele. How much is Navy Sarr on? The players whose contracts we have cancelled, there will still be some amortised costs this year from those.

    And if I am right you can bet a tinny of XXXX that by now Andrew Muir is well aware of all that.

  • cfgs said:

    We have to give any new owners a chance, even if only for the fact they aren't Roly. But I won't be joining in any chants of "We've got our Charlton back", until we see what the new lot are about.

    It isn't about money for me, it is about becoming enmeshed in the club and embracing what makes us special. Having oodles of cash helps though.

    cfgs said:

    We have to give any new owners a chance, even if only for the fact they aren't Roly. But I won't be joining in any chants of "We've got our Charlton back", until we see what the new lot are about.

    It isn't about money for me, it is about becoming enmeshed in the club and embracing what makes us special. Having oodles of cash helps though.

    That’s why I said fans need patience as all of the points you make about what you want owners to be are far more important in the long run

    But most people don’t care about anything other than the results on a Saturday and if the investment is not there in plain player signings then those fans will soon become impatient
  • cfgs said:

    We have to give any new owners a chance, even if only for the fact they aren't Roly. But I won't be joining in any chants of "We've got our Charlton back", until we see what the new lot are about.

    It isn't about money for me, it is about becoming enmeshed in the club and embracing what makes us special. Having oodles of cash helps though.

    cfgs said:

    We have to give any new owners a chance, even if only for the fact they aren't Roly. But I won't be joining in any chants of "We've got our Charlton back", until we see what the new lot are about.

    It isn't about money for me, it is about becoming enmeshed in the club and embracing what makes us special. Having oodles of cash helps though.

    That’s why I said fans need patience as all of the points you make about what you want owners to be are far more important in the long run

    But most people don’t care about anything other than the results on a Saturday and if the investment is not there in plain player signings then those fans will soon become impatient
    Tbh results are the most important thing, but people have to be realistic there aren't many owners like Citeh's out there.
  • I doubt very much ordinary fans are the target of a £50m share issue.

    If it is true, and I'm far from convinced it is, then they will be looking for corporate investors IMHO.

    Duchatelet isn't a terrible owner because he doesn't spend money or doesn't have money. He has and he does.

    He's a bad owner because he has no interest or intention to make the club successful on the pitch and never has. Right from the start he said he wasn't interested in winning games.

    We shall have to see what the Aussies, if they actually, finally, do a deal, have planned.

    Remember the six questions that people laughed at when the Spivs took over? Still need them answered under the new lot.

    WIOTOS

    No, what were they?
    1. Who owns the club?

    2. What is the business plan?

    3. How is the business plan being funded?

    4. What are the plans for the Valley?

    5. What are the plans for the training ground?

    6. What is the exit strategy?
    All valid apart from the last one.
    I seriously doubt you'd get an honest answer and I hope it's not something they've thought of in any great detail.
This discussion has been closed.

Roland Out Forever!