Well if hes a banker then it would suggest theres maybe some sort of loan, rather than a capital sum or purchase of shares.
What the terms and security are for the loan then who knows. A share of player sales would be my guess, given the club has no other assets other than the player registrations.
Well if hes a banker then it would suggest theres maybe some sort of loan, rather than a capital sum or purchase of shares.
What the terms and security are for the loan then who knows. A share of player sales would be my guess, given the club has no other assets other than the player registrations.
How much do you think the player sales could add up to? Worth all of this to all the crooks involved?
Well if hes a banker then it would suggest theres maybe some sort of loan, rather than a capital sum or purchase of shares.
What the terms and security are for the loan then who knows. A share of player sales would be my guess, given the club has no other assets other than the player registrations.
How much do you think the player sales could add up to? Worth all of this to all the crooks involved?
Could only see Phillips and Doughty commanding decent fees.
But why not do that quickly and get out? Why pay the wages and not try to pass the fit and proper tests? Why try to sell the club, or pretend to try, for a price nobody is going to pay for it as it is more than twice what the club is worth? Why agree that stupid price in the first place?
We are clearly being bounced around, nah it's the EFL, nah it's ESI 1, nah it's ESI 2, nah it's the EFL, and on and on. The concrete facts are on objective sites like Companies House. And within the formal structure of the English Football League. What people say in terms of hope, aspirations and assurances is now meaningless.
The other bits of reality are the specific individuals involved, what they have been doing in the past, who they are, and where they live.
Trust nobody unless they have been a bona fide Charlton person for many years, and even then there is Richard Murray.
But why not do that quickly and get out? Why pay the wages and not try to pass the fit and proper tests? Why try to sell the club, or pretend to try, for a price nobody is going to pay for it as it is more than twice what the club is worth? Why agree that stupid price in the first place?
My guess is they wanted a quick flip to make their dough that way, but it all fell over and now they need to finance the wages somehow. Enter your friendly Egyptian banker.
The guy came out and made a statement he didn't have to make. I'm as skeptical as anyone after everything that's happened, but I'm also an optimist, so willing to wait and see what happens next before slagging him off.
How many more kicks in the nuts will you take before you wake up?
My guess is they wanted a quick flip to make their dough that way, but it all fell over and now they need to finance the wages somehow. Enter your friendly Egyptian banker.
Hows that?
Or hang on for a few months with someone paying the bills, being able to state they’re waiting on EFL approval since they know the EFL won’t comment until a deal is done.
After the season ends bring in as much as they can by selling anyone worth a fee, negotiating deals on clauses from previous sales and potentially more if the likes of Grant and Pope are sold.
That will cover the money spent on wages. They then believe they can sell the club for more than it’s worth with potential buyers desperate as they’re running out of time to rebuild the squad.
My guess is they wanted a quick flip to make their dough that way, but it all fell over and now they need to finance the wages somehow. Enter your friendly Egyptian banker.
Hows that?
Or hang on for a few months with someone paying the bills, being able to state they’re waiting on EFL approval since they know the EFL won’t comment until a deal is done.
After the season ends bring in as much as they can by selling anyone worth a fee, negotiating deals on clauses from previous sales and potentially more if the likes of Grant and Pope are sold.
That will cover the money spent on wages. They then believe they can sell the club for more than it’s worth with potential buyers desperate as they’re running out of time to rebuild the squad.
I agree with this bit, because it seems a bit obvious. But, if it's obvious to me, it should also be obvious to any agent. Therefore, why would - say - Dillon Phillips agree to sign for another club for - say - £1m, when his agent (and the buying club's agent) know they can get the deal done for nothing in a few weeks' time, when all players' contracts will be ripped up by the actions of the EFL?
My guess is they wanted a quick flip to make their dough that way, but it all fell over and now they need to finance the wages somehow. Enter your friendly Egyptian banker.
Hows that?
Or hang on for a few months with someone paying the bills, being able to state they’re waiting on EFL approval since they know the EFL won’t comment until a deal is done.
After the season ends bring in as much as they can by selling anyone worth a fee, negotiating deals on clauses from previous sales and potentially more if the likes of Grant and Pope are sold.
That will cover the money spent on wages. They then believe they can sell the club for more than it’s worth with potential buyers desperate as they’re running out of time to rebuild the squad.
I agree with this bit, because it seems a bit obvious. But, if it's obvious to me, it should also be obvious to any agent. Therefore, why would - say - Dillon Phillips agree to sign for another club for - say - £1m, when his agent (and the buying club's agent) know they can get the deal done for nothing in a few weeks' time, when all players' contracts will be ripped up by the actions of the EFL?
Clubs and players aren't going to wait around for an EFL ruling. They're not exactly renowned for their decisiveness.
My guess is they wanted a quick flip to make their dough that way, but it all fell over and now they need to finance the wages somehow. Enter your friendly Egyptian banker.
Hows that?
Or hang on for a few months with someone paying the bills, being able to state they’re waiting on EFL approval since they know the EFL won’t comment until a deal is done.
After the season ends bring in as much as they can by selling anyone worth a fee, negotiating deals on clauses from previous sales and potentially more if the likes of Grant and Pope are sold.
That will cover the money spent on wages. They then believe they can sell the club for more than it’s worth with potential buyers desperate as they’re running out of time to rebuild the squad.
I agree with this bit, because it seems a bit obvious. But, if it's obvious to me, it should also be obvious to any agent. Therefore, why would - say - Dillon Phillips agree to sign for another club for - say - £1m, when his agent (and the buying club's agent) know they can get the deal done for nothing in a few weeks' time, when all players' contracts will be ripped up by the actions of the EFL?
They won’t be ripped up if ESI manage to sell the club on.
We are still awaiting EFL approval of the change in control of the club
but once that comes through we will be in a position to outline our
plans for the club and sit-down with fans to talk openly about our
intentions for Charlton Athletic.
Don't quite follow this. He/they could have "talked openly" about their "intentions for Charlton Athletic" on a conditional basis as soon as they bought the company that owns the football club. I don't think any of us are so stupid that we wouldn't realize that they would need to be approved by the FL before being able to do any of it (whatever "it" is).
One interpretation might be that there plans for the club will only be revealed once it is too late to take action against them. My assumption is that it will involve property deals and relocating (short term or even permanently).
We are still awaiting EFL approval of the change in control of the club
but once that comes through we will be in a position to outline our
plans for the club and sit-down with fans to talk openly about our
intentions for Charlton Athletic.
Don't quite follow this. He/they could have "talked openly" about their "intentions for Charlton Athletic" on a conditional basis as soon as they bought the company that owns the football club. I don't think any of us are so stupid that we wouldn't realize that they would need to be approved by the FL before being able to do any of it (whatever "it" is).
One interpretation might be that there plans for the club will only be revealed once it is too late to take action against them. My assumption is that it will involve property deals and relocating (short term or even permanently).
Yes, it is a scam and they are playing for time, dutifully helped by the EFL's rules and tardiness. Do not under estimate these crooks they are exceptionally good at what they do. Farnell has been operating for years and years and no one has stopped him.
Radical thought - how about we give PE the benefit of the doubt for now. It's not as though we are swimming in options right now.
Everyone is slagging him off for not saying anything - it seems there is something going on that he cannot yet speak about. He gives a few tidbits and everyone is slagging him off.
Right now we need the EFL to sort their shit out - absolutely critical. And then we need to start looking at next season - the management, the squad etc. If someone doesn't want to be in League 1 then so be it - goodbye and thanks. But we don't have time to dwell.
I know several people who have met PE now and nobody had a bad word to say. I quote "he came in to the office and stopped at everyone's desk, spoke to them and asked how they were and what their role at the club is. He seems a genuine nice bloke." In comparison the same person said of Southall "He would march in, ignore everyone and demand a cup of tea".
I dare say I'll get grief from the usual suspects on here and get labelled an apologist once again (like when I said of Roland "it may be better the devil you know") but so be it. Sometimes there is so much misinformation spread it distorts peoples views of what is really happening.
I regard the statement as a step in the right direction but now is the time for actions and not just fluffy words
All the best grifters have the likeability factor. That’s not to say he *is* a grifter, but the fact than he can charm people does not prove he’s legit, unfortunately. I wish it did.
While it is fully understandable that no one trusts anyone at the moment,the fact is we have no alternatives.So before we slaughter Elliott,let us give it a little bit of time,there will be a turnover in playing staff very soon,see who comes and goes,judge at the outcome.
Absolutely correct, I appreciate and understand why there are so Many negative comments after what Roland Rat, And slimy RAT face Southall / ESI have done. I think Elliot could well be the real deal, providing The EFL Dickheads can make a sensible decision
While it is fully understandable that no one trusts anyone at the moment,the fact is we have no alternatives.So before we slaughter Elliott,let us give it a little bit of time,there will be a turnover in playing staff very soon,see who comes and goes,judge at the outcome.
Absolutely correct, I appreciate and understand why there are so Many negative comments after what Roland Rat, And slimy RAT face Southall / ESI have done. I think Elliot could well be the real deal, providing The EFL Dickheads can make a sensible decision
Between them.
Out of interest, what is it that makes you think Elliot could be the real deal?
What has he actually done so far, or what is it about his past, that gives you that impression?
Radical thought - how about we give PE the benefit of the doubt for now. It's not as though we are swimming in options right now.
Everyone is slagging him off for not saying anything - it seems there is something going on that he cannot yet speak about. He gives a few tidbits and everyone is slagging him off.
Right now we need the EFL to sort their shit out - absolutely critical. And then we need to start looking at next season - the management, the squad etc. If someone doesn't want to be in League 1 then so be it - goodbye and thanks. But we don't have time to dwell.
I know several people who have met PE now and nobody had a bad word to say. I quote "he came in to the office and stopped at everyone's desk, spoke to them and asked how they were and what their role at the club is. He seems a genuine nice bloke." In comparison the same person said of Southall "He would march in, ignore everyone and demand a cup of tea".
I dare say I'll get grief from the usual suspects on here and get labelled an apologist once again (like when I said of Roland "it may be better the devil you know") but so be it. Sometimes there is so much misinformation spread it distorts peoples views of what is really happening.
I regard the statement as a step in the right direction but now is the time for actions and not just fluffy words
All the best grifters have the likeability factor. That’s not to say he *is* a grifter, but the fact than he can charm people does not prove he’s legit, unfortunately. I wish it did.
Paul Elliot is not a grifter. He owns hundreds of serious commercial Properties all over the Northwest of the UK. I would be totally amazed if he is not Legit !
Comments
What the terms and security are for the loan then who knows. A share of player sales would be my guess, given the club has no other assets other than the player registrations.
If it cost you nothing to buy and a few hundred grand to service, then a couple of million would be a good return.
The concrete facts are on objective sites like Companies House. And within the formal structure of the English Football League.
What people say in terms of hope, aspirations and assurances is now meaningless.
The other bits of reality are the specific individuals involved, what they have been doing in the past, who they are, and where they live.
Trust nobody unless they have been a bona fide Charlton person for many years, and even then there is Richard Murray.
;-)
Hows that?
After the season ends bring in as much as they can by selling anyone worth a fee, negotiating deals on clauses from previous sales and potentially more if the likes of Grant and Pope are sold.
That will cover the money spent on wages. They then believe they can sell the club for more than it’s worth with potential buyers desperate as they’re running out of time to rebuild the squad.
Do not under estimate these crooks they are exceptionally good at what they do.
Farnell has been operating for years and years and no one has stopped him.
I appreciate and understand why there are so
Many negative comments after what Roland Rat,
And slimy RAT face Southall / ESI have done.
I think Elliot could well be the real deal, providing
The EFL Dickheads can make a sensible decision
The EFL Wankers can be !!
What has he actually done so far, or what is it about his past, that gives you that impression?
He owns hundreds of serious commercial
Properties all over the Northwest of the UK.
I would be totally amazed if he is not Legit !