Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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I apogise I thought I read somewhere TS was looking to sell, my mistake.J BLOCK said:
No one has said we’re up for sale (unfortunately).Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?0 -
Well 2nd part is good news, just need 1st part to be true!Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?6 -
I think it's fairly obvious Sandgaard will sell if he gets a decent offer. Unless he has a fetish for losing lots of money funding a L1 flirting with relegation3
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What is a decent offer though? £2 instead of £1? £1m or £2m?3
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Here's a follow up to carly burn's post.
https://www.prnewswire.com/news-releases/zynex-anticipates-no-material-change-in-revenue-from-switch-in-united-health-care-prescription-coverage-301485447.html#:~:text=The decision to terminate the,Healthcare was a mutual one."
I note the claim says "We do not expect Zynex to experience any material changes in revenue throughout 2022 due to shifts in United Healthcare's reimbursement program," said Thomas Sandgaard, CEO".
In other words revenues will fall after 2022?1 -
#grindrCovered End said:
You've chatted with TS face to face a few times?Dazzler21 said:
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.Fanny Fanackapan said:
Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly.ForeverAddickted said:
He'd definitely be an out & out winner on " Call my bluff" !
Apologies in order to @Maccn05 from me that is for sure.
You were right early on and I apologise.5 -
This is a good one. Fairly long but paints a picture of Sandgaard towards the end0
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Like I said raging narcissist, wants to pretend he’s cleverer than everyone else.carly burn said:This is a good one. Fairly long but paints a picture of Sandgaard towards the end2 -
Fuck thought I'd hidden my profile well.Fumbluff said:
#grindrCovered End said:
You've chatted with TS face to face a few times?Dazzler21 said:
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.Fanny Fanackapan said:
Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly.ForeverAddickted said:
He'd definitely be an out & out winner on " Call my bluff" !
Apologies in order to @Maccn05 from me that is for sure.
You were right early on and I apologise.
I have spoken once face to face and several times over messages.5 -
I take this post as a positive AB. If he can get out of this mess with any sort of credibility and also salvage some of his losses TS would be mad not to grab it as it stands. All the recent goings on have turned turned most of the support against him and I just cant see what he can do that would turn that around. Hopefully what you are alluding too comes to pass and we dont end up with another bunch of crooksAirman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?4 - Sponsored links:
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But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?1 -
The other assets like Aneke’s remaining 3 years ;-)Bolderhumphreyreid said:
But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?9 -
My final contribution for today. I promise
I imagine that if TS sells, he'll have to pay RD an early termination fee on his lease agreement as RD will have to negotiate with another party to take it on.
Alternatively, RD might then decide to sell outright, but I doubt he's ready to do that yet. He'll want to have more regular income streams and bide his time waiting for property prices to go up markedly, narrowing the gap between what he shelled out and what he ultimately gets back.
Also, we don't know what RD's personal tax arrangements are and what his preference is for receiving income over capital gains from asset sales, which might impact his decision making. Therefore, for someone to make him an offer he simply can't refuse might be necessary to convince him to sell.2 -
Tonight’s it’s do or die…….Fumbluff said:
#grindrCovered End said:
You've chatted with TS face to face a few times?Dazzler21 said:
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.Fanny Fanackapan said:
Have been told months ago that TS will look you straight in the eyes, and without blinking, tell you blatant lies...allegedly.ForeverAddickted said:
He'd definitely be an out & out winner on " Call my bluff" !
Apologies in order to @Maccn05 from me that is for sure.
You were right early on and I apologise.
”60 something danish american looking for no strings relationship.” “I say no strings, but if you want a good strum, I’m your man”.0 -
“Jogging down the rim”
(clean sheet win, clean sheet win)0 -
“ On a mission, gonna tear you up”0
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I think they have the right idea.Bolderhumphreyreid said:
But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?36 -
Airman Brown said:
I think they have the right idea.Bolderhumphreyreid said:
But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?
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I have never inserted the tip, never mind balls deep, rolled out a carpet or hero worshiped any owner including the spivs, Southall and this latest clown.RodneyCharltonTrotta said: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.
I don't trust anybody, in life not just football until they have proved their worth to me.7 -
Roland is much less of a problem than he was two years ago.
Thomas will sell.
The "total package" will cost less than the aussies agreed, especially if your not paying in £s.
Mistic Meg time but I suspect our next owner will be greated with much more hostility/scepticism than the last half a dozen but after about 18 months we will be much happier.
The next two owners are critical
11 - Sponsored links:
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Bet there are a lot of Football fans confused right about now
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Are you able to share what you do know rather than being cryptic or are you bound by some sort of confidence?Airman Brown said:
I think they have the right idea.Bolderhumphreyreid said:
But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?0 -
Where’s the takeover thread?0
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The Pound Shop Pond Life will be offering One Pound. The Serious Money Men will be offering Zero Pounds.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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It has taken me longer than most but I've gradually come to the realisation TS probably isn't going to be around a whole lot longer as owner, unless he can attract some considerable investment from an outside partner which I would guess is pretty unlikely. I don't think his era has turned out as well as he, or we, had hoped but I don't necessarily think it has been from a lack of effort on his part.
I've worked at plenty of places where new owners or new management have come in and done exactly the same thing as TS and promised the world, as I'm sure many others have as well. Any new owner or manager in a business promises things will be better than before, and that their way of working is going to lead everyone to success. The vast majority of the time that's because the people saying those things genuinely believe them. Why else would you take over a business unless you thought you could run it better than the people who came before you? There is no doubt in my mind TS wanted to succeed, and no doubt in my mind that he was confident he was going to.
In TS's case he had a great head start from the outset for two reasons, one being his predecessors had set the bar very low indeed, and two we were in dire straits and grateful for him coming in when he did. If you work for a very profitable business with great owners you are likely to be luke-warm at best to the idea of new owners, whereas if you work for a business with terrible owners and which is at risk of going to the wall then you are likely to receive the new owners much more warmly.
Regardless of how things have turned out I don't think TS could ever argue that he wasn't giving a fantastic reception when he took over, and everyone at the club was hoping he would succeed. I certainly felt as positive as I had for many years when he took over, and for a few months which followed as well when it appeared he was getting things on the right track and everything coming out of the club suggested we were on an upward trajectory.
It is very easy to look back now in hindsight and criticise calls he has made but I think a lot have been made with very good intentions and with the broad support of us fans at the time.
Most were supportive of him letting Bowyer move on, and most liked the appointment of Adkins. Most agreed with him then sacking Adkins, and everyone was clamouring for JJ to get the full time gig. The majority were also calling for JJ to be sacked at the end of the season, which he was.
The appointment of Garner is the only one I can recall which seemed to split the base slightly, although broadly I think most were in support of it. That's 6 managerial decisions he's had to make, 5 of which were in line with the consensus from fans. None of those appointments were radical as such, they were all English based managers who you could make a very good argument for getting the jobs when they did. In the same fashion none of their departures were to controversial and all occurred after a poor run of results, leading to a poor league position.
Many loved the idea of the appointment of a fan advisor, and I think the free ticket idea was laudable in it's intentions even if its delivery left a lot to be desired and there can be plenty of debate around its impact, short and long term. The effort to get us to Cat 1 was also widely applauded even if we did fall short in the end. Signings have been very hit and miss and I think ultimately that has been his downfall, although again I don't remember a huge amount of signings that I, or the majority or others, were really set against. Many have made sense at the time but just ultimately not worked out and if there is a lack of success on the pitch then things start unravelling pretty quickly.
There have been a few things recently which I haven't liked the sound of, and the mood music coming out of the club around how long serving employees have apparently treated certainly leaves a sour taste. And whilst the subject has been revisited many times the appointment of his son to a prominent position was never, ever going to work. I am always astounded as to why people want to appoint their family members to a business they own, and whilst there will of course be exceptions, the vast majority of the time it ends badly for all concerned and is just more of a headache than it's worth, even if thar family member is by some baffling coincidence the very best person for the job (Which in this case seems highly unlikely). It also certainly feels like the music coming out of the club at the moment is seemingly blaming fans in part for our demise, which is a sure fire sign that the relationship is almost broken beyond repair. I will give him the benefit of the doubt around the 'fake' twitter account linked to his son, although i know many fans who won't.
TS's struggles do however almost encapsulate everything that is wrong with football. I know there is lots of debate about TS's wealth but its fair to say he is a multi-millionaire. The sheer notion that a multi-millionaire cannot afford to run a league one club, which he seemingly can't, shouldn't be lost on any of us.
Football is simply unsustainable in its current format, I think 95% of fans are in agreement with that. How many other businesses routinely have wages at over 100% of their turnover? It is absolute madness. Outside of the Premier League there can only be a handful of clubs maximum who manage to routinely break even, without their owners putting money in. Something has got to give at some point.
The issue is 95% of fans are in agreement that football needs to change, but who wants that change to happen at their club? Sustainability is a lovely buzz word that fans like to float about and it sounds a great idea on paper, yet in reality we are seeing what sustainability looks like with all the budget cuts TS is enacting on project break even, and none of us like what it looks like in reality (Including me). And whilst project break even might be a noble ambition it is doomed to failure when the vast majority of other clubs continue to outspend you financially, and they continue to move forward whilst you are left behind. Many cleverer than me have said from the outset that project break even would never work in League One, and it certainly isn't going to work whilst we continue to languish in the bottom half of League One treading water as we are this season witha fan base as apathetic as I have seen for many years.
I don't necessarily subscribe to the theory that we are in a worse position under TS than we were under Duchatelet or ESL. I think the difference is under their reigns we were all united in a common cause which gave us something to fight for, and brought the fan base together. Both Duchatelet and ESL's era were grim but as a fan they are perversely some of the happier times I can remember in recent years because as a fan base we were united.
I don't have anything near the loathing for TS as I did Duchatelet and ESl, in fact I think he is generally a well intentioned individual who bit off far more than he could chew, however the lethargy I feel towards everything going on at the club at the moment is the worst it has been for many, many years. I know to some the demise of the club shop is a drop in the ocean compared to things on the pitch, but the idea I can't take my two very young children to get their first Charlton strip and a few bits of merchandise when I take them to their first game really hits hard and just seems to sum up where we are at the moment.
Before TS took over I remember times thinking I'd be very grateful just for Charlton to exist things given our situation off the pitch, however now it feels like we are simply just existing and I don't quite like it.
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Oh, so they ain't buying either then....Airman Brown said:
I think they have the right idea.Bolderhumphreyreid said:
But what are people looking to buy? The club from Thomas or the ground as well from Roland?Airman Brown said:
Difference between being up for sale and people looking to buy. Not sure about the first but confident about the second. And the money.Redmidland said:How reliable are these sources that we are up for sale? More importantly are these buyers ones that have the required dosh to put us on an upwardly mobile direction or are they ESI type characters?11 -
AgreeNotts_Addick said:[A long detailed post that we really don't need to quote in full]8 -
The most fair and accurate assessment.Notts_Addick said:[A long detailed post that we really don't need to quote in full]
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Grapey moved up Nottinghamshire?28
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I agree. But there is no way I’m reading that.Notts_Addick said:[A long detailed post that we really don't need to quote in full]
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