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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
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Yeah I'm getting an AWS error on those accounts on mobile too.0
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"On the 23 March 2022 the repayment terms of £10,500k loan between the Company and T Sandgaard entered into on the 28 September 2020 and the additional loans provided by T Sandgaard of £5,450k were amended to be repayable on demand at any time by the Lender. The loan remains interest free and unsecured."
Can someone remind me why this change in loan repayment terms was made and is it known if any part repayments have subsequently been made?0 -
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?0 -
Television and Broadcast turnover looks a bit wonky? What are we paying Minto?
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I believe it was the debt owed to Staprix. RD waived that as he kept the Valley/SL.carly burn said:
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?
Looks like TS paid £1.15m on purchase, I assume to ESI.........0 -
Is £10,500k = ten and a half grand?0
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Not a bad return for an investment of £1 is it? Could the next chancers please form an orderly queue?Rob7Lee said:
I believe it was the debt owed to Staprix. RD waived that as he kept the Valley/SL.carly burn said:
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?
Looks like TS paid £1.15m on purchase, I assume to ESI.........
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£10.5 millionGribbo said:Is £10,500k = ten and a half grand?0 -
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Hullo there everyone!0
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I’d charge that much to be associated with this circus! 😘carly burn said:Television and Broadcast turnover looks a bit wonky? What are we paying Minto?1 -
Some interesting stuff in there. I'm sure someone on here will do a thorough analysis. Page 29 - a note says that basically if we don't make the Premier by 30th June, 2023 (some chance!) then the £7m owing to the previous directors changes materially...assume it is re-evaluated upwards...as £7m has been outstanding for some time...0
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That would be due to the ramp up in Ifollow in lockdowncarly burn said:Television and Broadcast turnover looks a bit wonky? What are we paying Minto?1 -
I know they had to be paid off, but it’s gutting to see it in black and white (if that is what that number represents).swordfish said:
Not a bad return for an investment of £1 is it? Could the next chancers please form an orderly queue?Rob7Lee said:
I believe it was the debt owed to Staprix. RD waived that as he kept the Valley/SL.carly burn said:
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?
Looks like TS paid £1.15m on purchase, I assume to ESI.........0 -
Reminder that while there may some extra info here, these are a 10-month version of the accounts already published here and examined six months ago. The revenue etc is not new.1
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Page 44 describes it as "Purchase consideration settled in cash" Must be ESI surely. The legal fees to Freshfield's wouldn't be so described and must be included elsewhere.se9addick said:
I know they had to be paid off, but it’s gutting to see it in black and white (if that is what that number represents).swordfish said:
Not a bad return for an investment of £1 is it? Could the next chancers please form an orderly queue?Rob7Lee said:
I believe it was the debt owed to Staprix. RD waived that as he kept the Valley/SL.carly burn said:
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?
Looks like TS paid £1.15m on purchase, I assume to ESI.........0 -
Be good if we could identify what information is newAirman Brown said:Reminder that while there may some extra info here, these are a 10-month version of the accounts already published here and examined six months ago. The revenue etc is not new.0 -
I wonder if HMRC are aware?se9addick said:
I know they had to be paid off, but it’s gutting to see it in black and white (if that is what that number represents).swordfish said:
Not a bad return for an investment of £1 is it? Could the next chancers please form an orderly queue?Rob7Lee said:
I believe it was the debt owed to Staprix. RD waived that as he kept the Valley/SL.carly burn said:
£44 million waived by Duchatelet? I really don't understand that bit. Was the loss making part that he offloaded to Sandgaard really worth that much?
Looks like TS paid £1.15m on purchase, I assume to ESI.........1 -
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Paying £650k+ for the woman’s team… bonkers47
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The whole thing is bonkers.AFKABartram said:Paying £650k+ for the woman’s team… bonkers1 -
I think there's a lot more to it than that.AFKABartram said:Paying £650k+ for the woman’s team… bonkers
From memory but I'd have to check, the last accounts for the women team included a payment from the late Alan Watts of in excess of £650k, so the company was pretty solvent!1 -
https://footballeconomyv2.blogspot.com/2022/10/charlton-make-68m-loss.html
I know the tweet is there but here's an article anywho!0 -
I’m starting to wonder if sporting establishments are realising the after affects of lockdown. It’s already been the nail in the coffin for Worcester Rugby. A club who piled up debts to win a championship but then couldn’t continue to chuck money at it. Watching professional players been told there’s no club therefore no job, thanks, close the door on your way out.
Wasps could be next.
Cutting ones cloth could become the norm throughout.
But it’s never the players these days……………just Janice from accounts, Bob the kitman etc etc etc.4 -
Who actually owned the women's team before TS bought it?AFKABartram said:Paying £650k+ for the woman’s team… bonkers0 -
Can't believe he's done that, considering the financial situation we are in and lack of investment in the mens team.AFKABartram said:Paying £650k+ for the woman’s team… bonkers0 -
Stephen Kingfat man on a moped said:
Who actually owned the women's team before TS bought it?AFKABartram said:Paying £650k+ for the woman’s team… bonkers0 -
Fixed that for you.AFKABartram said:Paying £650k+ for the woman’s ladies team… bonkers2
