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

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  • edited November 2022
    I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want. 
  • 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.
  • swordfish said:
    MarcusH26 said:
    I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want. 
    There will come a point when holding out for more money is less important to him than continuing to lose more.

    I think that point will come this summer if we finish midtable again. 
  • 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?
     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?
     Dusted it off because I felt Garner did dig Sandgaard out a bit yesterday post match.
    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.

    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.
  • swordfish said:
    MarcusH26 said:
    I have no doubt there's credible interested parties, but I wonder what daft figure Sandgaard would want. 
    There will come a point when holding out for more money is less important to him than continuing to lose more.

    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 control 
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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.

  • edited November 2022
    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 

    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. 
  • 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 

    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. 

    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. 
  • @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?
    No idea. Sorry.
  • 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 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?
    Does it actually matter in the short to medium term?  I think there are probably two completely different ways to look at it. 

    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.
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  • edited November 2022
    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..
    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.
  • 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..
    But not owning the land isn't the reason why Thomas has failed is it?

    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).
  • 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..
    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.
    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..
  • Cafc43v3r 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..
    But not owning the land isn't the reason why Thomas has failed is it?

    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).
    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..

  • edited November 2022
    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.
  • edited November 2022
    Cafc43v3r 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?
    Does it actually matter in the short to medium term?  I think there are probably two completely different ways to look at it. 

    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.
    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.
  • 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..
    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.
    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.
  • Cafc43v3r 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?
    Does it actually matter in the short to medium term?  I think there are probably two completely different ways to look at it. 

    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.
    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.
    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.

    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.
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Roland Out Forever!