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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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Maybe I've been living under a rock but is the academy rejection public/been covered somewhere? Any link appreciated. ThanksJohnnyH2 said:
We were never going to get Cat 1 status with our present set upozaddick said:I wonder if the rejection of cat A status, after a heavy investment in the academy has seriously bruised his ego, and with that he's re-evaluated his commitment to football in general, which obviously hurts us directly.0 -
When you notice the emperor is naked, it is best to shout it out. It became clear to me as he walked out the team playing that crap song on his guitar at the start of last season. He doesn't understand you need goals in your team and I said as much then. If he did understand that, he may have had a better starting point. Maybe he employed too many yes men. Jacko wasn't one of those and it did for him IMO.3
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From my experience, looking at his actions he wants out. His problem is after putting £16 or so million in, he has to come to terms with the fact that he will not get a return. He has nothing to sell, there are no assets. The overall value of the players is what £5mill at best but probably closer to £2/3 mill. Any prospective buyer, such as Barclay, would have to negotiate a deal with Duchatalet, which is unlikely to be cheap or easy.BigRedEvil said:His actions over the summer of cost cutting, not paying transfer fees feels like someone who is looking to get out
Sandgaard looks like he has got himself into a corner and few options before him and non that won't hurt the club.
Anyone for Charlton Athletic 2024 Ltd?6 -
Reminds me of last season started well with Adkins and then shit , interesting that garner has done a Parker and obviously pissed off with the owner not putting his hand in his pocket .It’s only September and I’m depressed already0
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It's the huge elephant in the room. And until it resolves itself this football club will never move forward.Kap10 said:
From my experience, looking at his actions he wants out. His problem is after putting £16 or so million in, he has to come to terms with the fact that he will not get a return. He has nothing to sell, there are no assets. The overall value of the players is what £5mill at best but probably closer to £2/3 mill. Any prospective buyer, such as Barclay, would have to negotiate a deal with Duchatalet, which is unlikely to be cheap or easy.BigRedEvil said:His actions over the summer of cost cutting, not paying transfer fees feels like someone who is looking to get out
Sandgaard looks like he has got himself into a corner and few options before him and non that won't hurt the club.
Anyone for Charlton Athletic 2024 Ltd?12 -
I'll admit that my knowledge of the deal TS did with RD is limited, but could a new owner not (at least in theory) free us of the last of the unpleasant Belgian's shackles and buy out both TS and RD for full ownership of everything?carly burn said:
I think the big problem here is that a decent owner will not pander to Duchatelets ridiculous T&C's.th0rryy said:
Came to this thread to post something like this, but you encapsulated my thoughts perfectly. Excellent post.bigstemarra said:Reality bites.
I am one of those who was prepared to give TS the benefit of the doubt, but the last fortnight or so has seen the scales fall from my eyes, as it were.
I honestly think that the best move of the transfer window was bringing in Garner, who has finally instilled a footballing philosophy at the club - and TS deserves credit for that. He also deserves credit for bringing in some of the players that appeared this summer who are, I think, on the whole, good acquisitions.
However, Garner has not been given the tools to do the job, which is a great shame as the addition of only 3 or so players could have been the difference between us actually having a chance of getting out of this shit division and being condemned to start next season more or less where we are in footballing terms. There certainly was a sense of deja-vu today watching our striker and playmaker being utterly ineffective...just like for large swathes of last season, which was nothing short of painful to watch for the most part.
So BG has no other choice but to play a square peg (Stockley) in a round hole - not that it is the player's fault, he just isn't suited to this system and trying to force him into it is having predictably dire results. If we had a more mobile forward and adequate defensive cover then we might have had a fighting chance. The consequences of this position will also have a negative impact upon our developing youth players who are now being thrown into the lion's den when they needed a more intelligent, patient approach to prevent their progress and confidence being possibly irreversibly damaged.
Off the field, the club is now stripped to the bare bones and the sacking of Olly Groome was one of the significant factors that caused me to reassess the direction in which our beloved club is likely heading. TS appears to be living in a fantasy land, where crowds will flock to see average 3rd division football at above average prices during an economic downturn, all whilst he attempts to 'balance the books' when it is clear to anyone with any perception whatsoever that that is equivalent to throwing in the towel as far as any ambition to move the club up the leagues is concerned.
Garner, I think, is a good manager and could be very successful, but it sadly appears unlikely that it will be with us. I, frankly, would not blame him if he took the earliest opportunity to go to a club where the owner will have enough faith in him to back him properly and not expect him to make a silk purse out of a sow's ear and effectively tread water. I think that he is rightly too ambitious for that, and who can blame him?
Like many, I sense that TS now has buyer's remorse. His optimistic, self-confident approach has not worked and he has had to learn a harsh lesson about the realities of English league football. However, I am not confident that he has learned from his mistakes. Questions surely arise as to whether he is looking to get shot, but further questions then arise as to who would be willing to take a loss making club that does not own its stadium or training ground and is, like a lingering curse, still in hock to a malicious, deluded geriatric whom can, for his own amusement, chuck a spanner into any process that may seek to finally stabilise and secure the club's future under new ownership.
I hope that I am still around to see a change in our fortunes at some point, but it appears that we have just seen another false dawn and that it may require yet another fundamental change in our ownership to finally see us moving upwards, because at the moment we are treading water at best.
It's good to have faith and be optimistic, but it's pretty bloody difficult sometimes!
I think that TS is in over his head and cannot achieve the things he wants to achieve without putting a lot more money in. The naivety is becoming more and more apparent, and the one step forward, two steps back is something we are all growing weary of. I think a loss against Exeter will lead to chants against him. I think he has been angling to sell and I want to see us to have ownership that will invest like the other "big" clubs have in this league.
BG deserves to be backed properly, and I fear that lack of backing in either of the next two windows could see him move on to bigger and better things.
I mean, I'm talking real angel investor at this point, but surely that's what we'd be all be looking for now? If TS will not invest for what is needed, our assets of better players (and now manager) are sold, then this limbo of not investing enough to get out of L1 continues indefinitely until the pressure on ownership becomes untenable.
We're in a better place than we were, but we need someone with more investible wealth and more accepting of consistent investment loss than TS to get us out of this. Plus, they also need to be prepared to do the things that others have said, like bring in football-experienced executive leadership.
Maybe it's a pipe dream, but there must be people out there if TS is open to it. The longer TS continues on this path, the more rebuilds/managers/players are needed.0 -
Doesn't understand or can't/won't invest much more than he already has?MuttleyCAFC said:When you notice the emperor is naked, it is best to shout it out. It became clear to me as he walked out the team playing that crap song on his guitar at the start of last season. He doesn't understand you need goals in your team and I said as much then. If he did understand that, he may have had a better starting point. Maybe he employed too many yes men. Jacko wasn't one of those and it did for him IMO.
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A new owner would be advised to try and get the rental deal Sangaard has. No guarantee old yellow tooth would accept it because he is mad as well as being a cnut. But he might. But buying the Valley when in the Premier League would not be too onerous should we get there again.0
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time to piss off thomas1
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I think he knows what we need, but doesn't want to pony up the cash to do it. I think he could, but it represents more risk than he'd like to personally take on - particularly if his "main" business is struggling in the stock market.Scoham said:
Doesn't understand or can't/won't invest much more than he already has?MuttleyCAFC said:When you notice the emperor is naked, it is best to shout it out. It became clear to me as he walked out the team playing that crap song on his guitar at the start of last season. He doesn't understand you need goals in your team and I said as much then. If he did understand that, he may have had a better starting point. Maybe he employed too many yes men. Jacko wasn't one of those and it did for him IMO.2 - Sponsored links:
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Now? That's what we were all looking for then!th0rryy said:
I'll admit that my knowledge of the deal TS did with RD is limited, but could a new owner not (at least in theory) free us of the last of the unpleasant Belgian's shackles and buy out both TS and RD for full ownership of everything?carly burn said:
I think the big problem here is that a decent owner will not pander to Duchatelets ridiculous T&C's.th0rryy said:
Came to this thread to post something like this, but you encapsulated my thoughts perfectly. Excellent post.bigstemarra said:Reality bites.
I am one of those who was prepared to give TS the benefit of the doubt, but the last fortnight or so has seen the scales fall from my eyes, as it were.
I honestly think that the best move of the transfer window was bringing in Garner, who has finally instilled a footballing philosophy at the club - and TS deserves credit for that. He also deserves credit for bringing in some of the players that appeared this summer who are, I think, on the whole, good acquisitions.
However, Garner has not been given the tools to do the job, which is a great shame as the addition of only 3 or so players could have been the difference between us actually having a chance of getting out of this shit division and being condemned to start next season more or less where we are in footballing terms. There certainly was a sense of deja-vu today watching our striker and playmaker being utterly ineffective...just like for large swathes of last season, which was nothing short of painful to watch for the most part.
So BG has no other choice but to play a square peg (Stockley) in a round hole - not that it is the player's fault, he just isn't suited to this system and trying to force him into it is having predictably dire results. If we had a more mobile forward and adequate defensive cover then we might have had a fighting chance. The consequences of this position will also have a negative impact upon our developing youth players who are now being thrown into the lion's den when they needed a more intelligent, patient approach to prevent their progress and confidence being possibly irreversibly damaged.
Off the field, the club is now stripped to the bare bones and the sacking of Olly Groome was one of the significant factors that caused me to reassess the direction in which our beloved club is likely heading. TS appears to be living in a fantasy land, where crowds will flock to see average 3rd division football at above average prices during an economic downturn, all whilst he attempts to 'balance the books' when it is clear to anyone with any perception whatsoever that that is equivalent to throwing in the towel as far as any ambition to move the club up the leagues is concerned.
Garner, I think, is a good manager and could be very successful, but it sadly appears unlikely that it will be with us. I, frankly, would not blame him if he took the earliest opportunity to go to a club where the owner will have enough faith in him to back him properly and not expect him to make a silk purse out of a sow's ear and effectively tread water. I think that he is rightly too ambitious for that, and who can blame him?
Like many, I sense that TS now has buyer's remorse. His optimistic, self-confident approach has not worked and he has had to learn a harsh lesson about the realities of English league football. However, I am not confident that he has learned from his mistakes. Questions surely arise as to whether he is looking to get shot, but further questions then arise as to who would be willing to take a loss making club that does not own its stadium or training ground and is, like a lingering curse, still in hock to a malicious, deluded geriatric whom can, for his own amusement, chuck a spanner into any process that may seek to finally stabilise and secure the club's future under new ownership.
I hope that I am still around to see a change in our fortunes at some point, but it appears that we have just seen another false dawn and that it may require yet another fundamental change in our ownership to finally see us moving upwards, because at the moment we are treading water at best.
It's good to have faith and be optimistic, but it's pretty bloody difficult sometimes!
I think that TS is in over his head and cannot achieve the things he wants to achieve without putting a lot more money in. The naivety is becoming more and more apparent, and the one step forward, two steps back is something we are all growing weary of. I think a loss against Exeter will lead to chants against him. I think he has been angling to sell and I want to see us to have ownership that will invest like the other "big" clubs have in this league.
BG deserves to be backed properly, and I fear that lack of backing in either of the next two windows could see him move on to bigger and better things.
I mean, I'm talking real angel investor at this point, but surely that's what we'd be all be looking for now? If TS will not invest for what is needed, our assets of better players (and now manager) are sold, then this limbo of not investing enough to get out of L1 continues indefinitely until the pressure on ownership becomes untenable.
We're in a better place than we were, but we need someone with more investible wealth and more accepting of consistent investment loss than TS to get us out of this. Plus, they also need to be prepared to do the things that others have said, like bring in football-experienced executive leadership.
Maybe it's a pipe dream, but there must be people out there if TS is open to it. The longer TS continues on this path, the more rebuilds/managers/players are needed.
Don't think TS would be much of a problem. Duchatelet on the other hand...
His over inflated estimation of his lot was laughable when he had the football side of things dragging it down.
Now he's managed to ditch that part, God alone knows what he'd be looking for?1 -
Well he would have to factor in the high inflation rate at the moment, so probably £70m+!!carly burn said:
Now? That's what we were all looking for then!th0rryy said:
I'll admit that my knowledge of the deal TS did with RD is limited, but could a new owner not (at least in theory) free us of the last of the unpleasant Belgian's shackles and buy out both TS and RD for full ownership of everything?carly burn said:
I think the big problem here is that a decent owner will not pander to Duchatelets ridiculous T&C's.th0rryy said:
Came to this thread to post something like this, but you encapsulated my thoughts perfectly. Excellent post.bigstemarra said:Reality bites.
I am one of those who was prepared to give TS the benefit of the doubt, but the last fortnight or so has seen the scales fall from my eyes, as it were.
I honestly think that the best move of the transfer window was bringing in Garner, who has finally instilled a footballing philosophy at the club - and TS deserves credit for that. He also deserves credit for bringing in some of the players that appeared this summer who are, I think, on the whole, good acquisitions.
However, Garner has not been given the tools to do the job, which is a great shame as the addition of only 3 or so players could have been the difference between us actually having a chance of getting out of this shit division and being condemned to start next season more or less where we are in footballing terms. There certainly was a sense of deja-vu today watching our striker and playmaker being utterly ineffective...just like for large swathes of last season, which was nothing short of painful to watch for the most part.
So BG has no other choice but to play a square peg (Stockley) in a round hole - not that it is the player's fault, he just isn't suited to this system and trying to force him into it is having predictably dire results. If we had a more mobile forward and adequate defensive cover then we might have had a fighting chance. The consequences of this position will also have a negative impact upon our developing youth players who are now being thrown into the lion's den when they needed a more intelligent, patient approach to prevent their progress and confidence being possibly irreversibly damaged.
Off the field, the club is now stripped to the bare bones and the sacking of Olly Groome was one of the significant factors that caused me to reassess the direction in which our beloved club is likely heading. TS appears to be living in a fantasy land, where crowds will flock to see average 3rd division football at above average prices during an economic downturn, all whilst he attempts to 'balance the books' when it is clear to anyone with any perception whatsoever that that is equivalent to throwing in the towel as far as any ambition to move the club up the leagues is concerned.
Garner, I think, is a good manager and could be very successful, but it sadly appears unlikely that it will be with us. I, frankly, would not blame him if he took the earliest opportunity to go to a club where the owner will have enough faith in him to back him properly and not expect him to make a silk purse out of a sow's ear and effectively tread water. I think that he is rightly too ambitious for that, and who can blame him?
Like many, I sense that TS now has buyer's remorse. His optimistic, self-confident approach has not worked and he has had to learn a harsh lesson about the realities of English league football. However, I am not confident that he has learned from his mistakes. Questions surely arise as to whether he is looking to get shot, but further questions then arise as to who would be willing to take a loss making club that does not own its stadium or training ground and is, like a lingering curse, still in hock to a malicious, deluded geriatric whom can, for his own amusement, chuck a spanner into any process that may seek to finally stabilise and secure the club's future under new ownership.
I hope that I am still around to see a change in our fortunes at some point, but it appears that we have just seen another false dawn and that it may require yet another fundamental change in our ownership to finally see us moving upwards, because at the moment we are treading water at best.
It's good to have faith and be optimistic, but it's pretty bloody difficult sometimes!
I think that TS is in over his head and cannot achieve the things he wants to achieve without putting a lot more money in. The naivety is becoming more and more apparent, and the one step forward, two steps back is something we are all growing weary of. I think a loss against Exeter will lead to chants against him. I think he has been angling to sell and I want to see us to have ownership that will invest like the other "big" clubs have in this league.
BG deserves to be backed properly, and I fear that lack of backing in either of the next two windows could see him move on to bigger and better things.
I mean, I'm talking real angel investor at this point, but surely that's what we'd be all be looking for now? If TS will not invest for what is needed, our assets of better players (and now manager) are sold, then this limbo of not investing enough to get out of L1 continues indefinitely until the pressure on ownership becomes untenable.
We're in a better place than we were, but we need someone with more investible wealth and more accepting of consistent investment loss than TS to get us out of this. Plus, they also need to be prepared to do the things that others have said, like bring in football-experienced executive leadership.
Maybe it's a pipe dream, but there must be people out there if TS is open to it. The longer TS continues on this path, the more rebuilds/managers/players are needed.
Don't think TS would be much of a problem. Duchatelet on the other hand...
His over inflated estimation of his lot was laughable when he had the football side of things dragging it down.
Now he's managed to ditch that part, God alone knows what he'd be looking for?0 -
The thing is, he hasn't taken the cheap option. keeping Jacko would have been the cheap option or appointing Euell. Trying to improve on last season from where you are is a cheaper option. How was spending a fortune in our terms on Schwartz, Aneke and Kirk the cheap option? include Adkins in that too. Sandgaard has been looking for the magic answer forgetting to look at the reality. He has spunked money away he clearly doesn't have, hence where we are now.
Fundamentally changing the way you play is going to cost more as some of the existing players won't fit that way of playing. No criticism of Garner in that, he looks like the real deal to me. We have cut the costs within the squad with some big earners leaving and the investment has not been at a level that would give a potentially very good manager a chance.
I said this in a previous post. When he came in, Sandgaard was willing to waste money, this he won't even make essential purchases.6 -
A problem will occur if and or when Garner feels frustrated and let down by the club, and sounds like that already happened on August 31st by receiving false promises of deadline day deals.
The players may identify a problem in the pattern of his behaviour. Garners natural enthusiasm will decline and it will rub off on the squad.
If Sandguard isn't willing to spend, then it certainly closes the door for hopeful long term ambition that should surround the club.6 -
@th0rryy I'm not really up on investment terminology - is an angel investor one who forks over a shedload of cash without any kind of requirement of oversight of how it's spent? Because I'm not sure how many super rich people would be willing to just bankroll the Sandgaard family's personal football fiefdom without some input on what they do with it.
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MuttleyCAFC said:A new owner would be advised to try and get the rental deal Sangaard has. No guarantee old yellow tooth would accept it because he is mad as well as being a cnut. But he might. But buying the Valley when in the Premier League would not be too onerous should we get there again.
If a new owner buys off TS then the lease would be part of that. There would be no need to negotiate anything with RD if they didn't want to.0 -
Is that 100% correct? Great if so but we would still need somebody willing to do it. The bottom line is if you want to make money out of Charlton, take them to the Premier League. If you want to lose loads keep them in League One.0
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True, but anyone who acquires & invests serious money in the squad will always have the stench of the Belgian wafting over them.Athletico Charlton said:MuttleyCAFC said:A new owner would be advised to try and get the rental deal Sangaard has. No guarantee old yellow tooth would accept it because he is mad as well as being a cnut. But he might. But buying the Valley when in the Premier League would not be too onerous should we get there again.
If a new owner buys off TS then the lease would be part of that. There would be no need to negotiate anything with RD if they didn't want to.
Understandably, most wouldn't want that.5 -
Well Airman. You may not recall the calls for the spivs to get out at the end of and even during the games towards the end of their time.Airman Brown said:
Not sure how protests got us Duchatelet - time travel?msomerton said:I am not convinced by Sandagaard, But all protests have got us, is Duchalet, ESI and Sandagaard so not much point in going down that road.
But I take it you agree with the fact that protests got us ESI and Sandagaard.0 -
I doubt it. Roland knew he had failed and overvalued the club's assets and still does. That's what got us ESI and ESI got us Sandgaard.1
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I may well be using the wrong turn of phrase 😂 (so might be a bit of the blind leading the blind here!)aliwibble said:@th0rryy I'm not really up on investment terminology - is an angel investor one who forks over a shedload of cash without any kind of requirement of oversight of how it's spent? Because I'm not sure how many super rich people would be willing to just bankroll the Sandgaard family's personal football fiefdom without some input on what they do with it.
Ultimately, what I was trying to suggest was a richer owner (or group of owners) who would invest more than TS has in the last window. Doing a bit of a quick google to enlighten myself, I think Ipswich are benefitting from throwing money at the problem until they find a good mix. It's expensive and wasteful, but if they can afford it and they end up getting out of L1, I guess they are happy. If they have a big pot of cash, they can keep throwing pennies at it.
I don't question or challenge that TS has invested in players in the past, but I would suggest that has been a change in his investment strategy in the club as of this summer. I think his behaviour now is turning towards preparation for sale soon, as he is not investing as he did before.1 -
I suspect Sandgaard made a small profit in the last window if you include outgoing salaries. Forgetting the Pope money.1
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I think that's where an increasing number of us are now, th0rryy.th0rryy said:
I may well be using the wrong turn of phrase 😂 (so might be a bit of the blind leading the blind here!)aliwibble said:@th0rryy I'm not really up on investment terminology - is an angel investor one who forks over a shedload of cash without any kind of requirement of oversight of how it's spent? Because I'm not sure how many super rich people would be willing to just bankroll the Sandgaard family's personal football fiefdom without some input on what they do with it.
Ultimately, what I was trying to suggest was a richer owner (or group of owners) who would invest more than TS has in the last window. Doing a bit of a quick google to enlighten myself, I think Ipswich are benefitting from throwing money at the problem until they find a good mix. It's expensive and wasteful, but if they can afford it and they end up getting out of L1. If they have a big pot of cash, they can keep throwing pennies at it.
I don't question or challenge that TS has invested in players in the past, but I would suggest that has been a change in his investment strategy in the club as of this summer. I think his behaviour now is turning towards preparation for sale soon, as he is not investing as he did before.
Everything points in that very direction IMO.
Just hoping I still have my marbles by the time we have a multi billionaire owner who loves this club as much as I do.2 -
I am at the point where I want TS to go, not only because he is out of his depth but also he doesn't deserve the petty "guitar man" "Skntguaard" "teflon" "David Brent" bollocks he gets. He isn't a bad man and there is no need for this type of personal nonsense particularly when he is losing millions whilst supporters moan at ticket prices and want him to spend more, it works both ways. Go Sandgaard go, sell for £1 and put us back in the hands of crooks that way we can all unite into moaning about a common agenda.4
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If he did everything on the cheap we'd likely be relegated and that makes the club much harder to sell and greatly reduces his chances of getting some of his money back.MuttleyCAFC said:The thing is, he hasn't taken the cheap option. keeping Jacko would have been the cheap option or appointing Euell. Trying to improve on last season from where you are is a cheaper option. How was spending a fortune in our terms on Schwartz, Aneke and Kirk the cheap option? include Adkins in that too. Sandgaard has been looking for the magic answer forgetting to look at the reality. He has spunked money away he clearly doesn't have, hence where we are now.
Fundamentally changing the way you play is going to cost more as some of the existing players won't fit that way of playing. No criticism of Garner in that, he looks like the real deal to me. We have cut the costs within the squad with some big earners leaving and the investment has not been at a level that would give a potentially very good manager a chance.
We know TS believes this style of football is more likely to get us promoted. He probably thinks it makes the club more attractive to buyers too. The compensation for Garner and Marshall would have also been fairly minimal and therefore good value in his eyes.
In the last few month's we've seen various things happen that mean little on their own but together don't suggest an owner who wants to be here in years to come.
- Staff made redundant
- Wayne Mumford and Brian Jokat leave the club without being replaced
- Garner talking about every player being available if the offer is right
- TS praising Miles Leaburn and downplaying the need for a striker
- A deadline day without any signings
- No transfer fees spent
- Only 2 loan signings coming in
- TS discussing his plan for us to break even next season
- TS talking about increasing revenue to help achieve the above, including The Valley hosting concerts
And I'm sure there's more to add which I've forgotten.
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You forgot about the bullying of decent Charton people in that.7
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To be honest I think both routes are losing shed loads, Isn't it only 6 Prem clubs make a profit? Getting to the Prem will need barrel loads of money and a lot more.Doesn't Duchatalet want £15mill for the real estate?MuttleyCAFC said:Is that 100% correct? Great if so but we would still need somebody willing to do it. The bottom line is if you want to make money out of Charlton, take them to the Premier League. If you want to lose loads keep them in League One.0 -
More like £50m.Kap10 said:
To be honest I think both routes are losing shed loads, Isn't it only 6 Prem clubs make a profit? Getting to the Prem will need barrel loads of money and a lot more.Doesn't Duchatalet want £15mill for the real estate?MuttleyCAFC said:Is that 100% correct? Great if so but we would still need somebody willing to do it. The bottom line is if you want to make money out of Charlton, take them to the Premier League. If you want to lose loads keep them in League One.5 -
True but not sure how it relates to an owner looking to sell?MuttleyCAFC said:You forgot about the bullying of decent Charton people in that.0 -
The main opposition to the spivs was ex and current senior staff, because we had discovered what they were by the summer of 2012. As I recall there were folk on here who thought they were upgrading the staff, which was really quite funny to those who knew better.msomerton said:
Well Airman. You may not recall the calls for the spivs to get out at the end of and even during the games towards the end of their time.Airman Brown said:
Not sure how protests got us Duchatelet - time travel?msomerton said:I am not convinced by Sandagaard, But all protests have got us, is Duchalet, ESI and Sandagaard so not much point in going down that road.
But I take it you agree with the fact that protests got us ESI and Sandagaard.
In any event, the spivs had to get out because they had no money. RD was the only buyer they could find, partly because the deal they wanted to do was a complicated land swap which they weren’t actually in a position to deliver.
RD could have sold to a number of parties but his main interest was shrugging off the ongoing liability. He entered into s contract with people who had no ability to deliver it. Not sure that follows from the protests as much as from his stupidity. That contract is what opened the way for Sandgaard, but fundamentally we are still in the grip of the madness of RD.
You can chase the origin story all the way back to 2005 if you like, but it’s a bit more complicated than protests led to ESI. Duchatelet was never going to last and neither will TS, because without competent management all they are doing is burning money. At least TS wants to watch.
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