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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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I guess the £25M could be the purchase price (nominal) + the debt assumption (significant)?supaclive said:Sandgaard wants £25m for an asset that loses him £8m a year and has no chance of breaking even under his ownership.
Oh dear.
He'll eventually accept £1m or so with his debt in 2nd position should we reach the Priemership.
IMHO
It will however get bumpier before that happens.
Or it could be total bollocks…2 -
@ £25 million?Airman Brown said:I’m surprised if we pay Castore for playing kit or have received £500k from UoG. Our shirt sponsorship deals are worth nothing approaching that.
I do think there are potential buyers about.
I suppose it's a fine balance. Separating the serious money men from the pound shop pond life. A higher price I would assume dissuade the latter but it would have to be realistic.
Would Sandgaard care who he hands the baton to if he saw a way of maximising a return?
I guess there good buyers and there are bad buyers and the good ones either haven't found a way yet of acquiring us after umpteen years of being up for sale at various times or when it boiled down to it they just really haven't fancied us.1 -
No sane person will take us on
crook or nutbag
thats it0 -
I really doubt many “good buyers” would be interested in a club who, despite efforts to run it sustainably makes a huge loss, doesn’t own any of its property and would require investment to make its team even competitive in the third tier.carly burn said:
@ £25 million?Airman Brown said:I’m surprised if we pay Castore for playing kit or have received £500k from UoG. Our shirt sponsorship deals are worth nothing approaching that.
I do think there are potential buyers about.
I suppose it's a fine balance. Separating the serious money men from the pound shop pond life. A higher price I would assume dissuade the latter but it would have to be realistic.
Would Sandgaard care who he hands the baton to if he saw a way of maximising a return?
I guess there good buyers and there are bad buyers and the good ones either haven't found a way yet of acquiring us after umpteen years of being up for sale at various times or when it boiled down to it they just really haven't fancied us.
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Chinny rack on
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Really?Fanny Fanackapan said:
I understand that, contrary to appearances, they are NOT a couple.carly burn said:
Doctor shacked up with huge producer of medical relief products.se9addick said:
She must have serious money then.LargeAddick said:
From recent rumours it may be Raelynn doing the funding.se9addick said:
Has Sandgaard “suddenly stopped”? I assume he’s still providing pretty significant funding or we would be heading towards administration now.MuttleyCAFC said:Something changed. In the beginning he was happy to spunk money on dubious spends, then suddenly he stopped. It is obvious that a big reason we missed out on a striker was we had to free up money elsewhere first but couldn't. It begs the question why we brought in so many midfielders if we knew it was spending all the budget. I would say it is either because Garner is an idiot or the budget changed. My money is on the latter.
Now I think Garner was not a disasterous appointment, but a big issue with it is he is less able to be openly critical in the same way as Adkins. It is about being more willing to toe the line. I know some will disagree with me but I don't think we are that far off with the squad. We could improve defensively but a decent striker for the level would make a significant difference to us. I think there are two issues, one I know, and the first is Sandgaard doesn't understand why. The other is whether Sandgaard has the money or indeed has decided not to spend. I don't know which of those applies.
If that's not a license to print money I don't know what is!0 -
What a mess.0
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That's a good sleeper account, start it in August and retweet stuff about the Foundation and opioid crisis just to make two snide remarks 3 months later...ForeverAddickted said:6 -
Katrien Meire confirms it was a false account
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The white kit was all that was available in "infant" sizes this week. Not sure if that has any relevanceScoham said:Suggested elsewhere that TS wants £25m for the club. Despite this two interested parties remain, one British (not Varney and Barclay), one overseas.
Also said TS can’t afford to pay Castore for the white away kit, neither can he reimburse UoG £500k for their sponsorship.0 -
Think it's safe to say that's fake news about the kit given we've already worn it.Scoham said:Suggested elsewhere that TS wants £25m for the club. Despite this two interested parties remain, one British (not Varney and Barclay), one overseas.
Also said TS can’t afford to pay Castore for the white away kit, neither can he reimburse UoG £500k for their sponsorship.2 -
It’s also been pointed out we wore it away at Walsall.Gribbo said:
The white kit was all that was available in "infant" sizes this week. Not sure if that has any relevanceScoham said:Suggested elsewhere that TS wants £25m for the club. Despite this two interested parties remain, one British (not Varney and Barclay), one overseas.
Also said TS can’t afford to pay Castore for the white away kit, neither can he reimburse UoG £500k for their sponsorship.
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Regarding the rent set up to Duchatelet and one possibly for @Airman Brown
I believe the total rent liability adds up to £7.578 million over 15 years paid in different instalments. So roughly just over half a million £ a year. ( I think the first installment of 623k may already have been paid?)
How does that represent as a value for money compared to other clubs that lease their ground from a third party. I know location and size of property would have varying factors, but just wondering if that is a reasonable charge should someone else be looking to take it on??0 -
It’s not a fake account. More drivel from the club.ForeverAddickted said:4 -
Agree 100% it's not a fake account. Look at the original retweets.10
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Totally. Checked him yesterday. Loads of CAFC official retweets and also Medchain retweets of which he was founder.J BLOCK said:
It’s not a fake account. More drivel from the club.ForeverAddickted said:4 -
Duchatelet and Sandgaard both employ this weird logic that if you buy something and lose a fortune on it that it somehow becomes worth the value of the losses.40
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supaclive said:Sandgaard wants £25m for an asset that loses him £8m a year and has no chance of breaking even under his ownership.
Oh dear.
He'll eventually accept £1m or so with his debt in 2nd position should we reach the Priemership.
IMHO
It will however get bumpier before that happens.
He would be lucky to get £1M for us. When he purchased the sell on's for Pope and Gomez were realistic. One has now been paid, the other is on a long contract. Our squad is next to worthless.
As for someone putting his debt into second position on promotion to PL, I don't see that as likely either. No sane owner would agree as they will be risking their money to get there so no reason he should share in that and there is already such an arrangement in place with ex Directors which is unusual enough.
I suspect he would get out now if he could at break even but he is £15M or so down and getting deeper.
He needs to decide whether he cuts and runs asap, holds for a window to sell everything that moves and hopes a buyer is still there, or starts reinvesting.0 -
Get him on talksport.RedJohn said:Get TS on Talksport and ask him some difficult questions.
Read out his sons ‘hot air’ tweets.
Make him listen to his comments during the first interview with Simon Jordan.4 -
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Without knowing anything about any issues with Castore, the blue kit is there for teams like Lincoln who have red and white shirts.1
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oohaahmortimer said:No sane person will take us on
crook or nutbag
thats itcarly burn said:Joachim Sandgaard and Leo Rifkind are only echoing the Thoughts of TS.
TS made the huge mistake if thinking we have a hard core set of support akin to Sunderland or Sheffield Wednesday. By hardcore, I mean the numbers turning up regardless of what kind of shyte is served up.
We are nowhere near their loyal levels.
I disagree, to an extent.
Sunderland fans will likely always turn up to watch a load of crap and they have a more loyal fanbase as they live and breathe football, but if they had to put up with the yoyo nature and continuous repetitive off field struggles of Charlton which doesn't seem to end, I think a chunk of them also would have drifted off.
The stadium of light has and had a lot of empty patches in it from what I remember. They don't sell out their home ground very often.
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We wore the white kit v WalsallScoham said:Suggested elsewhere that TS wants £25m for the club. Despite this two interested parties remain, one British (not Varney and Barclay), one overseas.
Also said TS can’t afford to pay Castore for the white away kit, neither can he reimburse UoG £500k for their sponsorship.0 -
Dave2l said:oohaahmortimer said:No sane person will take us on
crook or nutbag
thats itcarly burn said:Joachim Sandgaard and Leo Rifkind are only echoing the Thoughts of TS.
TS made the huge mistake if thinking we have a hard core set of support akin to Sunderland or Sheffield Wednesday. By hardcore, I mean the numbers turning up regardless of what kind of shyte is served up.
We are nowhere near their loyal levels.
I disagree, to an extent.
Sunderland fans will likely always turn up to watch a load of crap and they have a more loyal fanbase as they live and breathe football, but if they had to put up with the yoyo nature and continuous repetitive off field struggles of Charlton which doesn't seem to end, I think a chunk of them also would have drifted off.
The stadium of light has and had a lot of empty patches in it from what I remember. They don't sell out their home ground very often.Theirs average home attendance recently have been over 30,000 (L1)This season close to 40,000 (Championship).2 -
They had an average attendance of around 30k for much of their time in league one. They've also had a fairly good share of poor general management.Dave2l said:oohaahmortimer said:No sane person will take us on
crook or nutbag
thats itcarly burn said:Joachim Sandgaard and Leo Rifkind are only echoing the Thoughts of TS.
TS made the huge mistake if thinking we have a hard core set of support akin to Sunderland or Sheffield Wednesday. By hardcore, I mean the numbers turning up regardless of what kind of shyte is served up.
We are nowhere near their loyal levels.
I disagree, to an extent.
Sunderland fans will likely always turn up to watch a load of crap and they have a more loyal fanbase as they live and breathe football, but if they had to put up with the yoyo nature and continuous repetitive off field struggles of Charlton which doesn't seem to end, I think a chunk of them also would have drifted off.
The stadium of light has and had a lot of empty patches in it from what I remember. They don't sell out their home ground very often.4 -
I don't believe it's false.carly burn said:
Totally. Checked him yesterday. Loads of CAFC official retweets and also Medchain retweets of which he was founder.J BLOCK said:
It’s not a fake account. More drivel from the club.ForeverAddickted said:0 -
swordfish said:
Could have been hacked off I suppose, but I don't believe it. It's all unravelling quickly now.carly burn said:
Totally. Checked him yesterday. Loads of CAFC official retweets and also Medchain retweets of which he was founder.J BLOCK said:
It’s not a fake account. More drivel from the club.ForeverAddickted said:
Why would anyone go to the trouble just to deliver an off the cuff remark to the fan advisor?
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We could definitely do with a sighting of a wealthy sheik being shown around the valley…just to give us hope!Athletico Charlton said:Is it possible to reopen a closed thread?
https://charltonlife.vanillacommunity.com/discussion/77551/the-takeover-thread-duchatelet-finally-sells-jan-2020/p2265
Before anyone gets excited I have no rumour but surely with TS barely engaging anymore and rapidly trying to cut costs it is just a matter of time?0 -
I've amended my original post which was misleadingcarly burn said:swordfish said:
Could have been hacked off I suppose, but I don't believe it. It's all unravelling quickly now.carly burn said:
Totally. Checked him yesterday. Loads of CAFC official retweets and also Medchain retweets of which he was founder.J BLOCK said:
It’s not a fake account. More drivel from the club.ForeverAddickted said:
Why would anyone go to the trouble just to deliver an off the cuff remark to the fan advisor?0 -
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