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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)

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Comments

  • From Captain America to Mickey Mouse in 2 years?
  • valleynick66
    valleynick66 Posts: 4,885
    Don’t know where these rumours on numbers come from. 

    He will want back what he has spent realistically but hope for more. But know he’d be lucky to walk away at breakeven. 

    He came with the right intentions, thought it would run itself with a bit of his commercial input but now knows it’s not as simple as he hoped. He will feel let down by some staff, the playing side and some advisors. 

    He will know in his heart some of his actions and decisions are the main issue but pride and human nature means he doesn’t want to admit that. 

    If there are genuine buyers out there then they need to step forward quickly. 
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    Dave2l said:
    No sane person will take us on 
    crook or nutbag 
    thats it 

    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. 



    No chance they drift off. Attendances obviously going to be lower in League 1 but they’ll be back, something not guaranteed for us. They might not sell out often but they’ve had ownership issues and still have large attendances. We can’t compare ourselves to the likes of Sunderland or Wednesday, but I’m not surprised Sandgaard did. 
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    Don’t know where these rumours on numbers come from. 

    He will want back what he has spent realistically but hope for more. But know he’d be lucky to walk away at breakeven. 

    He came with the right intentions, thought it would run itself with a bit of his commercial input but now knows it’s not as simple as he hoped. He will feel let down by some staff, the playing side and some advisors. 

    He will know in his heart some of his actions and decisions are the main issue but pride and human nature means he doesn’t want to admit that. 

    If there are genuine buyers out there then they need to step forward quickly. 
    Lucky to walk away at break even? He’ll be lucky to get 10% of his losses, the club is worthless. 
  • soapy_jones
    soapy_jones Posts: 21,350
    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?
    We could definitely do with a sighting of a wealthy sheik being shown around the valley…just to give us hope!
    I'll get me tea towel...
  • Bailey
    Bailey Posts: 3,265
    I don't like to make a comparison between Duchatelet and Sandgaard, but the comparisons can't be ignored in terms of ownership of Charlton. Both made fortunes in their respective fields, Duchatelet in semi-conductors and Sandgaard in medical supplies, they then get into a football club and firmly believe they can make a success of this club with very little outlay, they listen to nobody, they are right even in the face of undeniable evidence. They both at some point influence team selection if not tactics despite employing managers with far greater experience than them, when it goes wrong, they sack those managers, costing them more money. The supporters are not supporters, they are consumers/customers even though the supporters of this club, through their history, know the club's financial history better than they ever will. They then reach a point where they have run up debts that their business plan is wholly responsible for and want that money back in its entirety.
    It amazes me how we keep getting these people turn up on our doorstep, they both could have kept their losses down if they would have put the right people in charge and listened, both are unlikely to regain their lost outlay while we try to find another owner who will have to deal with two deluded individuals before managing to save the club.  
  • Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly. 

    He'd definitely be an out & out winner on " Call my bluff" ! 
  • Dave2l
    Dave2l Posts: 8,865
    One thing that cannot continue.

    Finishing lower midtable in league one every season for the next 5 + years. Somethings gotta change one way or another. By that I don't mean get relegated!

    Can we also stop suggesting our own fans dont have the required continuous loyalty for whatever is thrown our way. That attitude doesn't help and its just another way of giving up. It's shooting ourselves in the foot.



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  • AndyG
    AndyG Posts: 5,905
    Oh dear this is all turning very sad.
    From high Hope's to what we have now in 2 years. I think it safe to say that "project premiership in 5 years" has failed.
    The ownership is now at a stage where they are having to try to use smoke & mirrors in order to control the messages. Now we have "fake news" being used to explain a couple of negative twitter posts. 
    It is obvious TS has had enough and he is looking to try to stem the losses. Eventually he will bail out. Unfortunately for us I think it far more likely that if he does want £25m for us the terms will be £25m with a deposit of £1 to someone of Bassinis ilk.
    Such a shame after the recent hope
  • Dazzler21
    Dazzler21 Posts: 51,344
    edited October 2022
    Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly. 

    He'd definitely be an out & out winner on " Call my bluff" ! 
     I have chatted to him a few times and can validate this. He felt so genuine each time. I'm so frustrated by how well he lies. 

    Apologies in order to @Maccn05 from me that is for sure. 

    You were right early on and I apologise.
  • Fanny Fanackapan
    Fanny Fanackapan Posts: 18,736
    edited October 2022
    Can we all perhaps make a pact to hold off from immediately going balls deep and rolling out the red carpet and hero worship with the next potential chancer who turns up with the keys to big top tent of CAFC until they actually demonstrate actions to back up words whoever that may be.

    I know that will be difficult given it's in our DNA now from the past 15 years but it may save a fair bit of heartache and dignity down the road.
    Indeed, RGT.

    Don't want any of that white charger poo on our best red carpet.....
  • swordfish
    swordfish Posts: 4,234
    To increase turnover, the owner needs to address what's causing low attendances. Aside from the obvious issue over ticket pricing, the main reason is fans are fed up of seeing us under performing in L1.

    The squad needs strengthening first, but whoever the owner is won't find that easy because of the player wage constraint imposed on Clubs in L1 being 60% of turnover, so it won't be a quick fix and expectation levels should be matched according to ranking in those terms. As our turnover has dropped, so has the budget and it follows that new signings have to be lower earners who aren't as good. Perhaps we're seeing that already! The team becomes less competitive, fewer fans will come, turnover will shrink further and so does the budget, the cycle repeating itself. 

    L1 mediocrity is unacceptable, but the owner, regardless of who it is, can't just spend more on player wages than the EFL allows without risking having a transfer embargo imposed, although it's arguable that we could get better players in for the same money and we're definitely underachieving compared to some of those Clubs with smaller budgets than ours.

    For next season though, having the better supported teams in L1 now promoted and the less well supported ones in the Championship relegated should improve our chances. As ever, all fans can do to influence it is to get behind the team and attend in numbers because only by boosting turnover does that constraint get eased to increase the budget.
  • Reading the link that Carly Burn posted I think TS has very serious problems back home. His company is tanking and his personal finances look to be about to crash. No wonder he's slashing costs at our club like a madman. The writing is definitely on the wall now. Just have to wait and see. One thing is for sure - this situation can't continue. His source of income has dried up.It would appear that we didn't buy a striker because he does not have the money .
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    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?
    We could definitely do with a sighting of a wealthy sheik being shown around the valley…just to give us hope!
    Or make our hearts sink further.
  • EugenesAxe
    EugenesAxe Posts: 3,284
    So Roland wants £50m for his bit and Thomas wants £25m for his bit.
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    Both are probably £25m too high!
  • So Roland wants £50m for his bit and Thomas wants £25m for his bit.
    LOL!

    We are completely and utterly effed, aren't we?
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  • J BLOCK
    J BLOCK Posts: 8,309
    One silver lining, IMO if the fans mobilised and forced the issue with TS like we tried with Roland. I’m sure he’d cave. 
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    edited October 2022
    I think the question we need to know the answer to is he trying/wanting to sell? If he is, there isn't much we can do. If he isn't then we can try to push him. But I suspect he is. He must know the project isn't working and is very unlikely to work. He probably wants some money back but sadly I can't see that happening and every day he owns the club costs him more even with the savings.
  • EugenesAxe
    EugenesAxe Posts: 3,284
    edited October 2022
    Just need Thommy to seperate the academy/training ground now and then put a price on that 😩
  • It's impressive that he's fucked it up this badly already
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    I think he dialed in too much emotion and too little common sense.
  • swordfish
    swordfish Posts: 4,234
    J BLOCK said:
    One silver lining, IMO if the fans mobilised and forced the issue with TS like we tried with Roland. I’m sure he’d cave. 
    Was it worth it with the benefit of hindsight? He would have gone anyway IMO because his great idea came to nought.
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    swordfish said:
    J BLOCK said:
    One silver lining, IMO if the fans mobilised and forced the issue with TS like we tried with Roland. I’m sure he’d cave. 
    Was it worth it with the benefit of hindsight? He would have gone anyway IMO because his great idea came to nought.
    The problem with TS and Roland is they are the types that won't admit their great ideas were wrong, it will always be somebody elses fault.
  • msomerton
    msomerton Posts: 2,972
    se9addick 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’m not sure any club in the South has that level of commitment from their fans.  

    I would point out West Ham. Even Portsmouth.
    We have never had  a core support of more than 6000. Even in the prem days I felt most where there because it was a cheap prem game not because it was Charlton playing.
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    Fan don't want going to games to be a depressing experience. That should be the starting point. Ultimately, it is a hobby not a chore.
  • SID
    SID Posts: 260
    Dazzler21 said:
    Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly. 

    He'd definitely be an out & out winner on " Call my bluff" ! 
     I have chatted to him a few times and can validate this. He felt so genuine each time. I'm so frustrated by how well he lies. 

    Apologies in order to @Maccn05 from me that is for sure. 

    You were right early on and I apologise.
    He’s a flimflam man and always has been.