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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want.2
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It's not just the figure he wants - it's also going to be the terms around the sale. I fear for us - I really do.3
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I agree with what you say but the showing his face comment is a bit harsh seeing he is based in Denver. Roland didn't even make a two hour trip for the play off final.Fanny Fanackapan said:The signs have been there for all to see for a considerable time but some still insist we will strengthen the squad in January.
Maybe BG's words tonight will finally open their eyes to the REAL issues beleaguering our club both on & off the pitch.
At some point, even TS's talk will dry up & it's abundantly clear he can't walk the walk.
Why do people still backing him think he hardly shows his face in SE7 now ?
im not backing him and overal, his ownership has been very disappointing and I'm hoping our ownership issues will change and we do get an owner soon that can take us forward.
after roland, mouthall, farnell, the dentist etc. at least he has provided a bit of stability, even though we haven't progressed.
I would rather have TS owning the club than any of the above. He did save us and I'm grateful. Unfortunately, he hasn't appeared to learn from his mistakes and appears very stubborn in his ways. There are definitely worse owners out there but I would also be please if he went.14 -
swordfish said:
There will come a point when holding out for more money is less important to him than continuing to lose more.MarcusH26 said:I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want.
I think that point will come this summer if we finish midtable again.1 -
Dusted it off because I felt Garner did dig Sandgaard out a bit yesterday post match.swordfish said:Just caught up with the latest offerings. I'm disappointed to see there's nothing new in them. Should rename it the 'air the same grievances again' thread. Could do with an alert notification for original content really.
Even more disappointing is that, yet again, posters are digging out others as a grouping that they believe are still supportive of TS, creating there own enemies within when we all want the same thing. Why? Just why?0 -
Fair enough, but quite a few on here seem to be rubbing rather large crystal balls when it comes to predicting a lack of transfer activity in January.carly burn said:
Dusted it off because I felt Garner did dig Sandgaard out a bit yesterday post match.swordfish said:Just caught up with the latest offerings. I'm disappointed to see there's nothing new in them. Should rename it the 'air the same grievances again' thread. Could do with an alert notification for original content really.
Even more disappointing is that, yet again, posters are digging out others as a grouping that they believe are still supportive of TS, creating there own enemies within when we all want the same thing. Why? Just why?
Garner was let down n the summer no doubt, but I'm not calling the next window before it even opens. We are still two players beneath the EFL senior squad number limit! I doubt we will be when it closes.0 -
I couldn't give a shit if an owner didnt come to the play off final. I would give more of a shit if our current owner could fund a team to get there.8
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swordfish said:
There will come a point when holding out for more money is less important to him than continuing to lose more.MarcusH26 said:I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want.
We need a buyer that would be willing to follow a particular agreement and maybe even offer to do so.
The new hopeful potential owner could offer to speak highly of Sandgaard to the SL press, tell them that TS had business acumen and that the club is now an attractive proposition to purchase, because of what TS managed to do.
They could simply just say Sandgaard improved the club. We know it's bullshit but an agreement is an agreement.
All parties need to be happy and then we can hopefully move on.
Sandgaard is unfortunately the individual who has the control0 -
If Sandgaard wants any form of payment for the crock of shit left of our football club he’s living in cloud cuckoo land .
it’s a heavily losing business with minimal assets and just the liability to keep burning money
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Thing is this site has some of the most dedicated Charlton fans as members yet how many on here would take on the club (even at £0) if they won £100M on the Euromillions. I wouldn't! £200M? Assuming we will lose c£10M pa standing still at any level below the EPL you need someone worth £500M+ to be interested (or a consortium)... and those people are few and far between and even when you do find one they need liquid assets. No point being worth that amount in illiquid shares.
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I agree but there are plenty of people who sit in casinos and betting shops every day of the week who are deluded enough to think the next roll of the dice or bet will work out and all the losses will be recovered. They rarely are in casinos and betting shops and it’s just as rare in owning football clubs. Doesn’t stop those deluded gamblers though, so why should it be different for Thomas.oohaahmortimer said:If Sandgaard wants any form of payment for the crock of shit left of our football club he’s living in cloud cuckoo land .
it’s a heavily losing business with minimal assets and just the liability to keep burning money0 -
ShootersHillGuru said:
I agree but there are plenty of people who sit in casinos and betting shops every day of the week who are deluded enough to think the next roll of the dice or bet will work out and all the losses will be recovered. They rarely are in casinos and betting shops and it’s just as rare in owning football clubs. Doesn’t stop those deluded gamblers though, so why should it be different for Thomas.oohaahmortimer said:If Sandgaard wants any form of payment for the crock of shit left of our football club he’s living in cloud cuckoo land .
it’s a heavily losing business with minimal assets and just the liability to keep burning money
Sandgaard thinks he's an alpha male type of controlling (but careless) person.
He can be negotiated with and he can be out on his way, and get out of Charlton.
Potential buyers just need to know what they are dealing with before they contact him.
Maybe they could stroke his ego a bit if it will help enable him to be on his way out, and therefore, help save the club with hopeful better investors!
He's not just going to see sense and come to the conclusion that he should quit. I think he would have done that not so long ago.
He's hanging on and will continue to try and save pennies.0 -
@JamesSeed out of interest, what are the Aussies up to these days. Did they buy a club somewhere, still looking or just gave up on the idea?6
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If Raelynn's a Country gal at heart, perhaps she could give him some of Kenny Rogers advice. If he wants to keep playing this game gambling away his money, then he needs to learn to play it right. On player transfers, he needs to be told. "You gotta:-ShootersHillGuru said:
I agree but there are plenty of people who sit in casinos and betting shops every day of the week who are deluded enough to think the next roll of the dice or bet will work out and all the losses will be recovered. They rarely are in casinos and betting shops and it’s just as rare in owning football clubs. Doesn’t stop those deluded gamblers though, so why should it be different for Thomas.oohaahmortimer said:If Sandgaard wants any form of payment for the crock of shit left of our football club he’s living in cloud cuckoo land .
it’s a heavily losing business with minimal assets and just the liability to keep burning money
🎼
Know when to hold 'em,
Know when to sell 'em,
Know when to bring more in,
And when to spend for fun.
You shouldn't talk of breaking even,
When you're short of a striker.
There'll be time to count your losses,
When the season's done.
🎼8 -
No idea. Sorry.Todds_right_hook said:@JamesSeed out of interest, what are the Aussies up to these days. Did they buy a club somewhere, still looking or just gave up on the idea?0 -
How many times have we seen new club owners come into football, spend money very poorly, get frustrated with the way it's been spent and the bad results that follow, decide they're not going to spend any more and then watch as the club they've bought stagnates and ultimately fails.
The irony is, TS said he was going to be smarter than other owners but he's gone down the exact same path.
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If anyone was seriously interested in buying the club, could they buy the land off Roland? You would need to meet Roland's ridiculous valuation, but worth it in the long run if they had ambitions?0
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Does it actually matter in the short to medium term? I think there are probably two completely different ways to look at it.benjest1989 said:If anyone was seriously interested in buying the club, could they buy the land off Roland? You would need to meet Roland's ridiculous valuation, but worth it in the long run if they had ambitions?
If your plan is to try and get promoted through the leagues quickly, before the loses start mounting up, you probably don't need to buy the land now, to achieve that.
If your mega loaded you could buy the land first and wait for Thomas to fold.
Owning the land has no immediate impact of getting to, and stabilising in, the championship and that has got to be the priority for who ever buys us.1 -
Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..7 - Sponsored links:
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Thing is I don’t see any likely scenario where Duchatelet needs to sell The Valley and Sparrows. He wants too much for it but as he doesn’t need the money or to sell, I can’t see him budging. Land in London isn’t ever going down in value. It’s a solid investment.eastterrace6168 said:Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..3 -
But not owning the land isn't the reason why Thomas has failed is it?eastterrace6168 said:Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..
It's not really a reason to not invest in the 1st team either (I get the argument that it doesn't help Cat 1 application though).3 -
Exactly my point, we are going absolutely nowhere fast until the club is reunited with the freeholds to The Valley and SL, so all the talk of a sell up is pie in the sky as regards getting a credible owner, so until RD wakes up, and does sell at a realistic price, then it will be lurch from one iffy owner to another, RD holds all the cards which is a sad situation to be in..ShootersHillGuru said:
Thing is I don’t see any likely scenario where Duchatelet needs to sell The Valley and Sparrows. He wants too much for it but as he doesn’t need the money or to sell, I can’t see him budging. Land in London isn’t ever going down in value. It’s a solid investment.eastterrace6168 said:Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..0 -
No, I agree, Thomas has failed spectacularly by being totally naive in the running and funding a football club, hence as i said he is just the latest patsy in charge, and this whole merry go round of buying and selling of our great club will NEVER change until the ground and SL are under the same roof as the club and able to tempt the right owner in, now if Thomas had been able to get the Freehold at the same time as the club, he could maybe have been able to bring in backers and more financial muscle, but RD holds all the cards i'm afraid to say..Cafc43v3r said:
But not owning the land isn't the reason why Thomas has failed is it?eastterrace6168 said:Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..
It's not really a reason to not invest in the 1st team either (I get the argument that it doesn't help Cat 1 application though).
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I agree with most of your points 'Eastterrace' but the last one about TS bringing in additional backers seems a long shot. I believe that a realisation of just how much he was losing came home to TS in the early summer of this year, he has declared in that time that he didn't need any additional funding and you can make your mind up as to whether that was his usual bravado or the fact that if he decides to sell it would mean him walking away with nothing. His recent 'Radio silence' after almost two years of 'Twitter action' should tell us everything we need to know about his mindset, this club is starting to go backwards and he is no longer able or willing to fund it, the two things delaying his departure are his ego and his calculations of how he can recover part of his losses in any sale.6
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Bailey said:I agree with most of your points 'Eastterrace' but the last one about TS bringing in additional backers seems a long shot. I believe that a realisation of just how much he was losing came home to TS in the early summer of this year, he has declared in that time that he didn't need any additional funding and you can make your mind up as to whether that was his usual bravado or the fact that if he decides to sell it would mean him walking away with nothing. His recent 'Radio silence' after almost two years of 'Twitter action' should tell us everything we need to know about his mindset, this club is starting to go backwards and he is no longer able or willing to fund it, the two things delaying his departure are his ego and his calculations of how he can recover part of his losses in any sale.
Plus he's gotta get on indeed and find MS a job.
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I think it matters. Eventually money will have to be spent on the ground, nobody will do that leasehold and RD can demand any price he likes knowing the club has limited options. A prudent buyer wouldn’t get into that scenario in the first place.Cafc43v3r said:
Does it actually matter in the short to medium term? I think there are probably two completely different ways to look at it.benjest1989 said:If anyone was seriously interested in buying the club, could they buy the land off Roland? You would need to meet Roland's ridiculous valuation, but worth it in the long run if they had ambitions?
If your plan is to try and get promoted through the leagues quickly, before the loses start mounting up, you probably don't need to buy the land now, to achieve that.
If your mega loaded you could buy the land first and wait for Thomas to fold.
Owning the land has no immediate impact of getting to, and stabilising in, the championship and that has got to be the priority for who ever buys us.2 -
Depends on the time horizon. House prices are predicted to fall for 2 years. Industrial valuations are already down significantly from March. Land value is the most volatile typically and with massive inflation impact on build costs/materials combined with lower house prices and higher financing costs, land values will be pummelled shortly. Of course in the long run they will come back and be higher again and none of it really matters if you have an aging owner with no debt to pay and no need for the cash plus an irrational view on life though. Inflation at 10% or whatever means his Charlton losses now he has turned off the increase will be reducing nominally but the meagre income (on a yield basis V's his valn) isn't worth holding for.ShootersHillGuru said:
Thing is I don’t see any likely scenario where Duchatelet needs to sell The Valley and Sparrows. He wants too much for it but as he doesn’t need the money or to sell, I can’t see him budging. Land in London isn’t ever going down in value. It’s a solid investment.eastterrace6168 said:Thomas was naive when he got the club, and wrongly thought we could reach the golden gates of The Premier League at the drop of a hat, and then purchase the freehold of The Valley & SL, now we all knew it was a daft naive idea, but now here we are again wanting a sale to the next patsy who dances to RD's tune..
Till the land is sold along with the club as should have been done originally, then we are never going anywhere, so RD as usual is having the last laugh at our expense, and needs to sell the Freehold at a realistic price..0 -
Of course it matters in the long term but you have either got to have a lot of money or think you can get to the premier league in 3 or 4 years.Airman Brown said:
I think it matters. Eventually money will have to be spent on the ground, nobody will do that leasehold and RD can demand any price he likes knowing the club has limited options. A prudent buyer wouldn’t get into that scenario in the first place.Cafc43v3r said:
Does it actually matter in the short to medium term? I think there are probably two completely different ways to look at it.benjest1989 said:If anyone was seriously interested in buying the club, could they buy the land off Roland? You would need to meet Roland's ridiculous valuation, but worth it in the long run if they had ambitions?
If your plan is to try and get promoted through the leagues quickly, before the loses start mounting up, you probably don't need to buy the land now, to achieve that.
If your mega loaded you could buy the land first and wait for Thomas to fold.
Owning the land has no immediate impact of getting to, and stabilising in, the championship and that has got to be the priority for who ever buys us.
In either of those scenarios it's not urgent. Your only guaranteeing the money it cost you on the assets your losing the running cost either way.0 -
When MS got is first job, I got the feeling that was the real reason TS got involved with a football club. Think the conversation may have gone something like this:MS: Pa can I have a new job? The one in this healthcare racket is a bit dull.TS: Sure son [strums guitar with vigor] , I can make you VP of Office Supplies.MS: No Pa I like soccer, I know almost everything about it since Enfield Town, and I shoot HARD , just ask anyone.TS: OK son, let's go get a club, I've a few spare dollars, can't be any harder than the healthcare ruse we've got going. With the skills we have in this family we can take on all the money in the Far East and blow them out the water.MS: Gee thanks Pa. Can I start with stats and recruitment, any f*uck ups I make we can balance the losses by sacking half the staff.TS: Good plan son, we don't need any knowledge or experience I'll blag it as owner, CEO, chief bottle washer and sink unblocker no problems at all. I'll suck up the adoration, then jump for cover when the going gets tough.MS: Pa I really love you.TS: I know son, I know now go to sleep.😜9
