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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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I’d say football generally is guilty of nepotism on the football side - lots of father son type scenarios that give a player that first foot in the door for example. Someone doesn’t as a consequence.matt88 said:
Not many in football though are there? Very different type of business. Vincent Tan and Chansiri are other examples of loons that have given jobs to their unqualified family members.Crusty54 said:
Evidence that they are not.ElfsborgAddick said:
Oh please, you are not telling me they are suitable for the job and that Sandgaard has not deliberately given them posts because of who they are.Crusty54 said:
Can you provide any evidence that Martyn is not carrying out his duties correctly?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Have you any idea what Raelynn Maloney is working on? I have spoken her and she is doing some trouble shooting like identifying why season tickets to the same address are posted separately. This is down to old computer systems. Changes happening for next season. She knows and understands the internal set up pretty well.
My Branch Manager was given the post because of his dad being the owner of the company, it's an absolute mess and the poor fella does not know what day of the week it is.
Was you a supporter of Meire btw?
There are many successful family businesses.I’d also imagine in the non football side there will be examples too even if perhaps not senior roles.It’s life.1 -
Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?0 -
Do you have this comment on paste? For when someone hints they may be accepting of the current regime.ElfsborgAddick said:
You were a supporter of Meire?Crusty54 said:
Evidence that they are not.ElfsborgAddick said:
Oh please, you are not telling me they are suitable for the job and that Sandgaard has not deliberately given them posts because of who they are.Crusty54 said:
Can you provide any evidence that Martyn is not carrying out his duties correctly?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Have you any idea what Raelynn Maloney is working on? I have spoken her and she is doing some trouble shooting like identifying why season tickets to the same address are posted separately. This is down to old computer systems. Changes happening for next season. She knows and understands the internal set up pretty well.
My Branch Manager was given the post because of his dad being the owner of the company, it's an absolute mess and the poor fella does not know what day of the week it is.
Was you a supporter of Meire btw?
There are many successful family businesses.1 -
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?0 -
Not sure what you can do if the vendor refuses point blank to engage, as happened here. As I've said before, the guy has enough money to blow Roland to kingdom come had RD done so, and his credentials are very sound.AndyG said:
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?
Nobody succeeded in getting the assets off RD, though, did they?6 -
If they had got to speak to RD, would they have been prepared to pay him what he wanted for the assets? If not would it just have been a waste of time anyway if he just wanted to pull peoples pants down?. A genuine question, not having a pop to just clarify.( although I shouldn’t have to).Airman Brown said:
Not sure what you can do if the vendor refuses point blank to engage, as happened here. As I've said before, the guy has enough money to blow Roland to kingdom come had RD done so, and his credentials are very sound.AndyG said:
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?
Nobody succeeded in getting the assets off RD, though, did they?0 -
Sorry Rick I know it probably seems I'm being picky when I enter into these discussions with you into honestly isnt meant in that way.Airman Brown said:
Not sure what you can do if the vendor refuses point blank to engage, as happened here. As I've said before, the guy has enough money to blow Roland to kingdom come had RD done so, and his credentials are very sound.AndyG said:
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?
Nobody succeeded in getting the assets off RD, though, did they?
I just dont get that narrative. RD wanted out of the club, if you wanted to sell something but wouldnt engage with me when I tried to buy it for whatever reason then I would find someone you would engage with to act on my behalf in order to buy the goods. RD might be mad but at the end of the day I'm sure given the choice he would rather have sold lock stock and barrel than have taken a quid just to stop his continuing losses1 -
The aussie's were prepared to pay what he wanted, until he changed it.....paulfox said:
If they had got to speak to RD, would they have been prepared to pay him what he wanted for the assets? If not would it just have been a waste of time anyway if he just wanted to pull peoples pants down?. A genuine question, not having a pop to just clarify.( although I shouldn’t have to).Airman Brown said:
Not sure what you can do if the vendor refuses point blank to engage, as happened here. As I've said before, the guy has enough money to blow Roland to kingdom come had RD done so, and his credentials are very sound.AndyG said:
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?
Nobody succeeded in getting the assets off RD, though, did they?6 -
We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership1 -
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 - Sponsored links:
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Easy to waste/spend £20m of someone else’s money /kids inheritance from afar
back on planet earth fucktard Roland was never getting paid that by anyone4 -
If rumours of TS wanting out or was open to investment, and Barclay and co, we’re that interested. The fact TS has been able to deal with RD, what stops TS coughing up the money RD is asking for with a pre agreement going forward.(with Barclay). Or is it just a case of each party wanting it all for themselves?. Is this a too simplistic way of looking at it. Surely Roland wouldn’t care where the money came from?.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 -
He had stopped his losses in 2019 when he unloaded the loss-making business to ESI. He was under no pressure to sell the assets, other than the risk of being left 1) picking up the ex-director loans if the club went into administration and 2) without a tenant to pay him rent.AndyG said:
Sorry Rick I know it probably seems I'm being picky when I enter into these discussions with you into honestly isnt meant in that way.Airman Brown said:
Not sure what you can do if the vendor refuses point blank to engage, as happened here. As I've said before, the guy has enough money to blow Roland to kingdom come had RD done so, and his credentials are very sound.AndyG said:
All a bit irrelevant really mate they didnt want to buy us enough to force it through did they, as in all of life until someone puts up the £ they can talk all they wantAthletico Charlton said:Airman Brown said:
"(And where did the oft mentioned Andrew Barclay get his wealth from?)"cafcfan said:
I have chosen @ElfsborgAddick's post (almost) at random because this has been mentioned a lot on various threads. With words like nepotism being bandied about. It's odd though isn't it?ElfsborgAddick said:
Sandgaard needs to remove his son and wife from the club and bring in experience, people who know what they are doing.MuttleyCAFC said:We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.
Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
After that we can move forward, behind the scenes anyway.
Many businesses are more than proud to herald that they are a family-run firm. Ranging from local butchers through to the Issa brothers huge empire. (And where did the oft mentioned Andrew Barclay get his wealth from?) Probably best though that I don't mention the Maxwell dynasty. My niece is HR director of a family-run and successful engineering company: there are the father and mother and three offspring in senior positions in the business.
Now, of course, the Sandgaard crew will have no experience of running an English professional football club. But then, how much of said experience did Murray and Varney have when they took over: none. Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either.
In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?
At the end of the day we will succeed or fail. And far more football clubs do the latter. To stae the bleeding obvious, only three clubs get promoted from Division 3 with 21 doing nothing or worse than nothing!. So the odds are against us as they are for everyone.
The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be. Yes, a whole series of mistakes both on the football field and off it have been made. Let us hope that better decisions are made in the future. Otherwise it will be grim for everyone. But who can say whether anyone else employed by the club would do better or worse than the current incumbents?
The money behind Barclay was not solely from his family, although it's academic now anyway. There was a silent partner who would only have been revealed if it had happened. If Roland had got a sniff of this person's wealth he would have wanted even more.
"Varney was some form of admin person in Lewisham council I seem to recall! He was far from infallible when he first started working for Charlton. Varney was not immune to making mistakes either."
"Of course not, but he wasn't working for Lewisham council prior to 1997 when he joined the club. He was running a charity."
"In my opinion, ideally, Charlton should have an experienced CEO in place. But it hasn't and where would we get one?"
Well, presumably the same place we get players and managers from ... other clubs where they have had success? But in any event, not having anyone in the role is not the same as a good or bad incumbent. It's a hole in the structure.
"The Sandgaards will succeed or fail. Until we see the outcome we will not know which it will be."
People can make reasonable judgements based on their own experience and information coming out of the club. You can agree or disagree, but you can't argue it's unreasonable for people to have an opinion.
Out of interest. Silent Partner...
Real Wealth or Nimer style wealth or Russian style wealth?
Nobody succeeded in getting the assets off RD, though, did they?
I just dont get that narrative. RD wanted out of the club, if you wanted to sell something but wouldnt engage with me when I tried to buy it for whatever reason then I would find someone you would engage with to act on my behalf in order to buy the goods. RD might be mad but at the end of the day I'm sure given the choice he would rather have sold lock stock and barrel than have taken a quid just to stop his continuing losses
He could have got around £30m for the whole package for several years before 2020, especially in the summer of 2019, but he preferred not to do the deal and instead passed the club on for £1 to a group that basic due diligence would have demonstrated had no substance. That shows where his priority lay.The Barclay approach (which didn’t predate ESI) would not entertain buying the club without the ground and Sparrows Lane and he would not talk to them. The reason he entertained TS (despite him being publicly linked to Varney) was because he was willing to lease the ground.
Had he spoken to Barclay and co I think there may have been a deal that could have been structured to appeal to him, because they were not constrained by budget, but he wouldn’t talk and once TS turned up he didn’t need to do so.3 -
Kin ell Roland wants way over the odds , no one is paying it ……0
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Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 -
Ofcourse you are right in normal circumstances ooha but the point made was there was someone who dwarfed RD' wealth. That puts them in billionaire category! In that case £20m or £50m makes very little difference to the balance of 1000 million !oohaahmortimer said:Easy to waste/spend £20m of someone else’s money /kids inheritance from afar
back on planet earth fucktard Roland was never getting paid that by anyone
Put into perspective if I wanted something and the price was £10 even though it was only worth £6 would I not buy it if I really wanted it ? Or thought I could start it up and sell it later for £300 -
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 -
I'm sure that Roland wouldn't care where the money came from if someone was to meet his valuation.paulfox said:
If rumours of TS wanting out or was open to investment, and Barclay and co, we’re that interested. The fact TS has been able to deal with RD, what stops TS coughing up the money RD is asking for with a pre agreement going forward.(with Barclay). Or is it just a case of each party wanting it all for themselves?. Is this a too simplistic way of looking at it. Surely Roland wouldn’t care where the money came from?.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Thomas can't meet it and if given the chance, nobody else would be stupid enough to meet it.0 -
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 -
Easy to spend somebody else's money. They don't stay that rich by overpaying.Cafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership2 - Sponsored links:
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Bloody hell something we agree on mate 😉Airman Brown said:
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing2 -
Making himself a nice few quid.AndyG said:
Bloody hell something we agree on mate 😉Airman Brown said:
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
Not going to happen3 -
Your missing the point mate. If you have a few hundred million then your obviously wealthy but not enough to spunk £50m know you probably have another few hundred million to spend to hopefully reach the holy grail. However if you have 1000 million then it makes little differenceCafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership0 -
Haha I seem to be fighting a losing battle here trying to think in a way billionaires might do in respect of buying a football club but 1 last go.superclive98 said:
Easy to spend somebody else's money. They don't stay that rich by overpaying.Cafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
If someone has that much money (not TS kind of money) and they think they can buy a club for £50m that has premiership potential in terms of stadium, catchment area etc the valuation if £50m against a true worth of perhaps £20m makes little difference. The purchase price is a drop in the ocean to what I know I'm gou g to have to spend in order to get there. That's all I'm trying to say 😂😂3 -
The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.AndyG said:
Bloody hell something we agree on mate 😉Airman Brown said:
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing5 -
In other words nothing changesAirman Brown said:
The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.AndyG said:
Bloody hell something we agree on mate 😉Airman Brown said:
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing1 -
I don't really understand what point you are making. If he can't afford to ever buy the assets, what is he trying to achieve?AndyG said:
Your missing the point mate. If you have a few hundred million then your obviously wealthy but not enough to spunk £50m know you probably have another few hundred million to spend to hopefully reach the holy grail. However if you have 1000 million then it makes little differenceCafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Holding a league 1 club to "sort it out" then sell it?
Sell what to whom, and make a few quid?
Your having a laugh aren't you? He "owns" 3 years of Charlie Kirks contract and very little else of value, its cost him £20 million ish.
He needs to get us to the premiership to even make his money back, as you say, if he is going to bank roll that £50 million is a drop in the ocean, but he can't afford it?1 -
I cant say I fully understand the finances of owning a football club but TS will realise ( or probably already knows ) he doesnt have the money to reach the premiership. He will face a choice eventually hopefully when we are in the championship room either sell or seek investment ( I'm not sure he would find many takers for investment on his terms ) if the players he has bought are playing in the championship successfully they would have a higher value than they have now yes ? If he sold the club then is it like other businesses where the purchaser buys the stock at valuation ? Add the potential value then maybe profit can be made ? Or have I got that wrong in terms of valueAirman Brown said:
The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.AndyG said:
Bloody hell something we agree on mate 😉Airman Brown said:
That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL.AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing0 -
You are reinforcing my point mate. No he doesnt have they money to get us to the premiership but how would him buying the stadium for whatever amount assist in us getting there ? I'm not sure what your disagreeing with tbh. At the moment it's what we have my point was that I think if a billionaire is somewhere waiting then £20m or £50 valuation of RD makes little difference. Hopefully it will materialise but until it does we march on 😉Cafc43v3r said:
I don't really understand what point you are making. If he can't afford to ever buy the assets, what is he trying to achieve?AndyG said:
Your missing the point mate. If you have a few hundred million then your obviously wealthy but not enough to spunk £50m know you probably have another few hundred million to spend to hopefully reach the holy grail. However if you have 1000 million then it makes little differenceCafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Holding a league 1 club to "sort it out" then sell it?
Sell what to whom, and make a few quid?
Your having a laugh aren't you? He "owns" 3 years of Charlie Kirks contract and very little else of value, its cost him £20 million ish.
He needs to get us to the premiership to even make his money back, as you say, if he is going to bank roll that £50 million is a drop in the ocean, but he can't afford it?0 -
March or stumble on ?AndyG said:
You are reinforcing my point mate. No he doesnt have they money to get us to the premiership but how would him buying the stadium for whatever amount assist in us getting there ? I'm not sure what your disagreeing with tbh. At the moment it's what we have my point was that I think if a billionaire is somewhere waiting then £20m or £50 valuation of RD makes little difference. Hopefully it will materialise but until it does we march on 😉Cafc43v3r said:
I don't really understand what point you are making. If he can't afford to ever buy the assets, what is he trying to achieve?AndyG said:
Your missing the point mate. If you have a few hundred million then your obviously wealthy but not enough to spunk £50m know you probably have another few hundred million to spend to hopefully reach the holy grail. However if you have 1000 million then it makes little differenceCafc43v3r said:
You just said £50 million shouldn't be a major hurdle?AndyG said:
Because he isnt crazy rich mate. It was said earlier that there was a sleeping partner who was.Cafc43v3r said:
So why hasn't Thomas just paid it?AndyG said:We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.
If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
Holding a league 1 club to "sort it out" then sell it?
Sell what to whom, and make a few quid?
Your having a laugh aren't you? He "owns" 3 years of Charlie Kirks contract and very little else of value, its cost him £20 million ish.
He needs to get us to the premiership to even make his money back, as you say, if he is going to bank roll that £50 million is a drop in the ocean, but he can't afford it?0
