ESI own The Valley and have a commitment to buy the training ground within 6 months hmmmmmmmm

oohaahmortimer

ESI have confirmed they own The Valley as part of their takeover and have a commitment to buy the club’s training ground within the next six months.

Bottom of Lyle Taylor article 

https://www.londonnewsonline.co.uk/east-street-investments-withdraw-lucrative-contract-offer-to-lyle-taylor-and-set-to-listen-to-offers-for-charlton-athletic-striker/

oohaahmortimer

Why would they not buy it all in one hit , seems a strange one 
or just a cash flow problem 🤷‍♂️

Get your excuses lined up 

Roland still involved fffs 

keep the Roland Out button !! 

hoof_it_up_to_benty

Does seem strange.

Stu_of_Kunming

Very worrying, if true.

Fumbluff

Cafc43v3r

So they have just bought Baton then.  This could get messy. 

Chunes

Well well well...

I pointed out the owner's plans were shared by Bowyer. He said they were for us to become a stable Championship club first and then push on from there. That is no lofty megabucks plan that some on here have been pushing. 

I was told that was a "smokescreen" and not a fact. Probably to hide the fact they have serious, serious cash and are going to splash it to get us back to the premier league next year.

I'm not going to say I told you so.

Actually, I am. I TOLD YOU SO.

I'm glad this has happened, some people need a bloody reality check.

BigRedEvil

Never easy following Charlton. At least it's the training ground rather than the Valley 

redbuttle

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

oohaahmortimer

redbuttle said:

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

Hopefully but if there was such a caveat why wouldn’t that have been added to the article 

Stu_of_Kunming

redbuttle said:

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

Surely you'd just insist on taking the price of the work off what you pay, rather than leave RD owning part of the club still.

I'm very much against RD owning any stake in our club, it would appear, if the article is correct, that he still does.

Jon_CAFC_

redbuttle said:

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

Or it could be a wise move, didn’t Roland piss off the rugby club and they began legal proceedings? Perhaps waiting for Roland to sort that mess out before purchasing? Clean title isn’t just about loans it could also mean they don’t want to fix rolands mess

Pedro45

Cafc43v3r said:

So they have just bought Baton then.  This could get messy. 

No. Baton own both CA Football and Holdings companies. The Holding co own the Valley and Training ground. More likely just a delay so they can concentrate on footballing priorities and then complete in the summer at agreed price.

oohaahmortimer

Guessing time
Maybe  if we stay up they then pay £5m for it 
And if we’re relegated they pay £1m for it 
a bit like when Roland took over I think he was gonna pay £4m less if we got relegated I think to the spivs 

Cafc43v3r

Pedro45 said:

Cafc43v3r said:

So they have just bought Baton then.  This could get messy. 

No. Baton own both CA Football and Holdings companies. The Holding co own the Valley and Training ground. More likely just a delay so they can concentrate on footballing priorities and then complete in the summer at agreed price.

But this means that the legal entity that ties the property and the football club has been split up. 

Stu_of_Kunming

Cafc43v3r said:

Pedro45 said:

Cafc43v3r said:

So they have just bought Baton then.  This could get messy. 

No. Baton own both CA Football and Holdings companies. The Holding co own the Valley and Training ground. More likely just a delay so they can concentrate on footballing priorities and then complete in the summer at agreed price.

But this means that the legal entity that ties the property and the football club has been split up. 

How is that even possible without the trust being notified under the terms of the ACV?

oohaahmortimer

Someone on twatter ask Crawley for some clarification or more meat to the bones 
the nosey fuckers that are Charlton fans in the words of Marvin Gaye want to know what’s going on , what’s going on 

Chris_from_Sidcup

Seems a bit bizarre. 

So they've paid 50m+ (or whatever the price was) and don't actually own everything?

DOUCHER

Jon_CAFC_ said:

redbuttle said:

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

Or it could be a wise move, didn’t Roland piss off the rugby club and they began legal proceedings? Perhaps waiting for Roland to sort that mess out before purchasing? Clean title isn’t just about loans it could also mean they don’t want to fix rolands mess

This would be my guess 

CharltonKerry

Just a silly thought, I wonder if Roland is asking to much for a bit of land that can only be used as a training ground or similar, and has no chance of generating money by converting into houses etc. Wonder if new owners might be considering purchasing a new training ground and developing this, thus leaving Roland with a nice piece of useless real estate. No surely to much to ask for. 

My guess Roland has to sort the legal dispute out with the rugby club, which seems the obvious answer.

Cafc43v3r

Stu_of_Kunming said:

Cafc43v3r said:

Pedro45 said:

Cafc43v3r said:

So they have just bought Baton then.  This could get messy. 

No. Baton own both CA Football and Holdings companies. The Holding co own the Valley and Training ground. More likely just a delay so they can concentrate on footballing priorities and then complete in the summer at agreed price.

But this means that the legal entity that ties the property and the football club has been split up. 

How is that even possible without the trust being notified under the terms of the ACV?

If the training ground was slit off, the owner of the Valley would still be the holdings company.  So nothing changed to notify? 

CheshireAddick

Stu_of_Kunming said:

redbuttle said:

Stu_of_Kunming said:

Very worrying, if true.

Here we go. Perhaps one of the conditions of purchase was that some work was completed within 6 months. 

Surely you'd just insist on taking the price of the work off what you pay, rather than leave RD owning part of the club still.

I'm very much against RD owning any stake in our club, it would appear, if the article is correct, that he still does.

That's why ESI need to be clear in their communications to the fans. If they are happy for something as fundamental as this is communicated via the local press then i think it should be on the OS as an official announcement. 

Let's not forget they are still in the 'building trust' stage of their relationship with the fans (whichever they have been very good at so far).

Athletico Charlton

Selling taylor and nor owning the training ground is an inglorious start indeed on the face of it and no amount of PR changes that.

supaclive

Chunes said:

Well well well...

I pointed out the owner's plans were shared by Bowyer. He said they were for us to become a stable Championship club first and then push on from there. That is no lofty megabucks plan that some on here have been pushing. 

I was told that was a "smokescreen" and not a fact. Probably to hide the fact they have serious, serious cash and are going to splash it to get us back to the premier league next year.

I'm not going to say I told you so.

Actually, I am. I TOLD YOU SO.

I'm glad this has happened, some people need a bloody reality check.

Or the legal dispute needs clearing up
Or they needed to own the club in time for the transfer window
Or they don't see the need to whack out £Xm now when they can in 6 months' time 

Wait and see.

Scoham

Chris_from_Sidcup said:

Seems a bit bizarre. 

So they've paid 50m+ (or whatever the price was) and don't actually own everything?

Maybe they’ve only paid something like £30m?

supaclive

Athletico Charlton said:

Selling taylor and nor owning the training ground is an inglorious start indeed on the face of it and no amount of PR changes that.

Taylor WANTS to leave.  Take £3-5m or lose him for nothing?

That LITERALLY makes no sense.  You have on your hands a sulking player not wanting to be there.

Bedsaddick

What’s clear is that there needs to be a press conference so they can tell the fans what their plans are and to answer questions  . It seems odd that there hasn’t been one already . 

SoundAsa£

Chris_from_Sidcup said:

Seems a bit bizarre. 

So they've paid 50m+ (or whatever the price was) and don't actually own everything?

Who says they spent £50,000,000..........no one knows!

oohaahmortimer

supaclive said:

Athletico Charlton said:

Selling taylor and nor owning the training ground is an inglorious start indeed on the face of it and no amount of PR changes that.

Taylor WANTS to leave.  Take £3-5m or lose him for nothing?

That LITERALLY makes no sense.  You have on your hands a sulking player not wanting to be there.

Who’s gonna pay £3-£5m now when they can pay him a signing on fee of half that in 6 months, maybe someone desperate will (that should be us ! )

Is this the same sulking player who when his big money move to Brentford in the summer didn’t go through played out of his boots for us before and after injury . 

iamdan

.

AFKABartram

Big questions to answer. Are we more likely to get more points for the remainder of the season with Taylor up front or someone else? How much extra will that someone else cost? Will Jan prices be too premium for value? Is there still a willing £xm buyer for Taylor?

We took Taylor on and benefited from having previously run down his contract. We shouldn’t really be over surprised and up in arms when it’s later repeated.