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Nimer (and Southall) on TalkSport this morning
Comments
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He still refuses to answer the questions on the £80k consultancy fee or his missus and the £10k fees for work on his house in Worsley.8
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Would that be the house in Leigh Road, Worsley that was in his and his wife's name but just before the takeover was announced was moved to be just in his wife's name?Addickted said:He still refuses to answer the questions on the £80k consultancy fee or his missus and the £10k fees for work on his house in Worsley.7 -
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The above is the reply to this from Southall -Replying toSorry Simon, didn’t realise you were on the line too. Perhaps send me the questions before hand and pre record it like you did with Nimer and il have more time to prepare great job at palace btw.6:46 PM · Apr 21, 2020·Twitter for iPhone2
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An Egyptian pound is worth £0.051 Sterling!AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.0 -
Is this going result in an invoice for consultancy fees ?i_b_b_o_r_g said:Replying toSo I’m prepared to have zoom call with 3 nominated fans, and once nominated, I will DM the the link to the call to take place Friday. Please decide amongst yourselves who you want to be on the call. I won’t be answering any further questions at this time.8 -
That's about three and a half hours from here.Henry Irving said:
Would that be the house in Leigh Road, Worsley that was in his and his wife's name but just before the takeover was announced was moved to be just in his wife's name?Addickted said:He still refuses to answer the questions on the £80k consultancy fee or his missus and the £10k fees for work on his house in Worsley.0 -
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).
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I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).1 -
I guess we are just trying to fathom out what kind of business ADBD is, and how it makes money. So it would be very interesting to know what kind of business your friend is in and how he came across ADBD in the first place, to know that they could provide investment funds for his kind of business. But I fully appreciate that your friend may regard that as not something he wants discussed on a football fans' forum.AppyAddick said:
I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).3 -
Sponsored links:
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His friend is Matt Southall and they put 65p towards the £1 invested in CharltonAppyAddick said:
I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).5 -
So, they LEND money then, like a bank, rather than INVEST money. Or more likely a Venture Capital Trust.AppyAddick said:
I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).
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More news on Charlton coming up from Jim White soon,apparently.0
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On now.1
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@PragueAddickPragueAddick said:
I guess we are just trying to fathom out what kind of business ADBD is, and how it makes money. So it would be very interesting to know what kind of business your friend is in and how he came across ADBD in the first place, to know that they could provide investment funds for his kind of business. But I fully appreciate that your friend may regard that as not something he wants discussed on a football fans' forum.AppyAddick said:
I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).
https://youtu.be/6XgvIXeRS9Q
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@ I_b_b_o_r_g
Trouble is mate that video, which we have all seen, raises more questions than it answers
He repeats the assertion that he "runs" 50 plus companies. Can he seriously mean that he has executive control over all these companies? An Investment fund does not do that, it invests in a company which has its own good management. Anyway one person cannot possibly run 50 plus companies, without having a string of direct reports. There is no sign of such people, on the ADBD website, anyway.
Then there is the question of why he does not put the names of these 50 companies on the ADBD website. Why instead does it carry the names of global companies like IBM, Shell, Maersk, etc, but without telling the world why those names are there, i.e. what ADBD does or has done for these companies?1 -
Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.1 -
Speechless ...CharltonByBlood said:Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.0 -
Only posted the video again because you said you were trying to fathom out what kind of business ADBD was, and the video tells you, from the horses mouthPragueAddick said:@ I_b_b_o_r_g
Trouble is mate that video, which we have all seen, raises more questions than it answers
He repeats the assertion that he "runs" 50 plus companies. Can he seriously mean that he has executive control over all these companies? An Investment fund does not do that, it invests in a company which has its own good management. Anyway one person cannot possibly run 50 plus companies, without having a string of direct reports. There is no sign of such people, on the ADBD website, anyway.
Then there is the question of why he does not put the names of these 50 companies on the ADBD website. Why instead does it carry the names of global companies like IBM, Shell, Maersk, etc, but without telling the world why those names are there, i.e. what ADBD does or has done for these companies?0 -
If Southall 'wins' how the feck is he going to take the Club forward? And who removed IPS? Southall surely hasnt got the authority to do so?CharltonByBlood said:Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.0 -
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He's not a Range Rover dealer is he?AppyAddick said:
I have a friend who has secured investment from them, not sure what's in that statement that is so hard to fathom?golfaddick said:
Read your first line......AppyAddick said:
Did I say I KNEW any of that?golfaddick said:
Sorry, but you don't KNOW any of that. It's just your supposition. Unless you yourself have dealings with ADBD & they look after your money then it's just a guess at what they actually do.AppyAddick said:
All I know is that they are indeed an investment business, I wish I could give you more than that but I'm not able to answer any detail on what the investments in the organisation maybe.PragueAddick said:
@AppyAddick i realise that you are only the messenger so please don't take this as an attempt to shoot you, or of course your buddy. But in my line of work I often needed to assess consultancy type businesses on behalf of clients, and the website was usually the start point. To me the ADBD website has a number of warning signals, namely:AppyAddick said:
You are right Dazzler, I do have a friend who has done business with ADBD. He has met Nimer on a couple of occasions once to discuss investment and again to review expected performance against the given investment.Dazzler21 said:Worth remembering @AppyAddick (I think it was) either has done business with or has people he trusts that have done business with Nimer and he says they believe he's a trustworthy businessman.
Whether they've been duped too, well that's open to question.
I can't add anything other than TN was very excited about the CAFC opportunity, this was very early doors early December.
1. It does not clearly tell me what exactly ADBD does, how it earns revenues
2. Its human capital (which presumably provide the services) seem to be a pretty disparate bunch. The first two, van Seventer and Hirst have been paid "consultancy fees" by CAFC, but it is not at all obvious from their bios what they might have done for their fees.
3. (and the biggest warning bell for me) is that in the list of Clients and Partners, the Western based companies shown there are giants: Shell, IBM, Maersk, Lloyds of London, HP, Coutts. But the website gives no clue whatsoever about what it does for this fairly mixed bunch of global giants. For all we learn, it may be nothing more than negotiating reduced rates at the Doha Golf Club (another client) for local execs of these companies. It is always a worry when one sees very big names listed as clients on a very modest website with a frankly vapid content.
So I wonder if there's any chance to learn more about what exactly ADBD does, and how it earns money from its activities?
But remember, there won't just be one fund here but a number of funds probably mostly fronted by money from the Royal family, to unwind all of that is going would be a real challenge.
FWIW. I think ADBD are a front for TN to "dabble" with a little bit of money from a member of a Royal family (of which TN is the bastard child of). Also, TN has no real wealth of his own & just uses money "given" to him by said Royal family.....hence not being able to show source of funds. TN today moaning that he has £xxxx in his bank account & can show a statement to this effect is just more bollox. To satisfy AML laws (as has been shown earlier upthread) you need more than a flimsy bank statement showing £xxxx on any given day.
My opinion, you have yours, between them both we are probably right as they are basically the same thing.
"All I know is that they are indeed an investment business....."
If they are, what do they invest in & what is their Assets Under Management (AUM).
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Southall would only come back to The Valley for the fixtures and fittings.3
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I know he rates himself highly, but surely even he can see he has no future at the clubCharltonByBlood said:Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.1 -
Thankfully he's then got to deal with the ex-Directors1
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I don't think he has any intentions of staying around mate. Reckon he's reminding everyone that he's about, so that IF any money does change hands as part of sorting this out, his plan is that he'll get some of it. A bit like a someone reminding an old sick relative of themselves, to get some dough when the time comes.LargeAddick said:
If Southall 'wins' how the feck is he going to take the Club forward? And who removed IPS? Southall surely hasnt got the authority to do so?CharltonByBlood said:Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.
Would be funny if ESI are hit with a massive fine that isn't linked to Charlton and, as "majority shareholder", he's liable2 -
he'll have a future IF he arrives back at the valley in the RRover with sackfulls of cash, a realistic plan and a guaranteed bank draft for a few million drawn on the account of someone whose bona fides can be checked and verified beyond doubt ..KentishAddick said:
I know he rates himself highly, but surely even he can see he has no future at the clubCharltonByBlood said:Just heard from a former work colleague who works within the club. Apparently rumours floating around inside the club that Southall is more then likely going to win this whole thing and will be back at Charlton. The IPS removal was based on advice from the EFL.
Oh dear.
it looks more and more likely that there will be no pro football played in England until CHRISTMAS .. I'd welcome the devil himself if he could guarantee enough funding to see CAFC through this terrible time of gloom and uncertainty with the promise of some kind of future for the club
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I appreciate you re-posting it, but it doesn't tell me at all, for the reasons I've tried to describe, when you take what the ADBD website says. And of course, Jonathon Heller's words on ADBD. Well we will soon see.i_b_b_o_r_g said:
Only posted the video again because you said you were trying to fathom out what kind of business ADBD was, and the video tells you, from the horses mouthPragueAddick said:@ I_b_b_o_r_g
Trouble is mate that video, which we have all seen, raises more questions than it answers
He repeats the assertion that he "runs" 50 plus companies. Can he seriously mean that he has executive control over all these companies? An Investment fund does not do that, it invests in a company which has its own good management. Anyway one person cannot possibly run 50 plus companies, without having a string of direct reports. There is no sign of such people, on the ADBD website, anyway.
Then there is the question of why he does not put the names of these 50 companies on the ADBD website. Why instead does it carry the names of global companies like IBM, Shell, Maersk, etc, but without telling the world why those names are there, i.e. what ADBD does or has done for these companies?0 -
Have you got a link for Heller's words on ADBD Prague? I'm sure I read it somewhere but in this blind soup of information I've forgotten it.0
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ColinTat said:Have you got a link for Heller's words on ADBD Prague? I'm sure I read it somewhere but in this blind soup of information I've forgotten it.
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