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The Takeover Thread v3.0 - DONE! - Methven interview in the Telegraph (p55)
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Another example of lacking a SMT that knew what they were doing.ElfsborgAddick said:Uboat said:Maybe there’s something wrong with me, but I’m completely unmoved by all of it. I’m not going to get all dewy eyed about the TS statement and I can’t get excited about our many new owners. Duchatelet was extremely rich and it didn’t mean a thing because he didn’t give a shit about Charlton, so temper your enthusiasm on that front. If we sign some decent players and are around the top 6 all season I’ll be happy enough, but I think the last ten years have really taken it out of me and I suspect I’m not alone on that score.All day long mate.The owners could be the richest in the world, it matters nothing, it is how you spend it. Dushitelet spent a LOT of money, but did not spend it wisely.
RD could have still been the owner if he’d just put an experienced team in to run the club rath than KM and TD3 -
I'm disappointed Thomas didn't see us off with a song.........9
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A man who absolutely loves Charlton. He has a take on things that probably sits along side Chris Parkes, both were employed by Charlton and have their opinions of owners past and most recent. I don't think too many on here were too enamoured with Steve's post on here in defence of Sandgaard, Airman certainly wasn't, I always got the feeling that both Steve and Chris saw the bills being paid by both Sandgaard and Duchatelet as the number one priority, after all that is the staff wage bill and people's livelihood. That said neither Chris nor Steve were responsible for the direction of the club but both would move heaven and earth to help it.mendonca said:I don't remember much about Steve Sutherland. What's he like?7 -
Completely understand this viewpoint. Supporting our lot for the last decade has been very, very painful with only the occasional high spot to take the edge off the pain.Uboat said:Maybe there’s something wrong with me, but I’m completely unmoved by all of it. I’m not going to get all dewy eyed about the TS statement and I can’t get excited about our many new owners. Duchatelet was extremely rich and it didn’t mean a thing because he didn’t give a shit about Charlton, so temper your enthusiasm on that front. If we sign some decent players and are around the top 6 all season I’ll be happy enough, but I think the last ten years have really taken it out of me and I suspect I’m not alone on that score.
That said, if we're in or around the top 3 going into October I know I'll be suckered into thinking it's going to be OK this time...1 -
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Head in the trough and get blinded by reality .Bailey said:
A man who absolutely loves Charlton. He has a take on things that probably sits along side Chris Parkes, both were employed by Charlton and have their opinions of owners past and most recent. I don't think too many on here were too enamoured with Steve's post on here in defence of Sandgaard, Airman certainly wasn't, I always got the feeling that both Steve and Chris saw the bills being paid by both Sandgaard and Duchatelet as the number one priority, after all that is the staff wage bill and people's livelihood. That said neither Chris nor Steve were responsible for the direction of the club but both would move heaven and earth to help it.mendonca said:I don't remember much about Steve Sutherland. What's he like?
The difference with the Spivs @Airman Brown and I think Kavanagh and Varney went against them and got relieved of their duties eventually but that’s where principles , life choices and minerals come in to it , who knows what side of the fence people will fall when faced with those career/life choices6 -
Hope the atmospheres can come back this season with Holden at the wheel and potentially a new and improved squad. The noise at The Valley last season was the worst I’ve ever heard.9
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Well, probably not. In the UK, if you REALLY wanted to find out who the shareholders in a company were, you could. Section 116 of The Companies Act 2006 requires that the register of members (shareholders) is available to inspect (for a fee, if you are not a shareholder yourself) at the company's registered office. Clearly no such facility is available in the Cayman Islands. Another reason people decide to incorporate companies there.LargeAddick said:I’m assuming that Ed Warrick and Simon Lenegan are amongst those with less than 5% holdings. As has been said an actual percentage breakdown for everyone would be nice but I don’t think we are going to get it.1 -
How do they decide who turn it is to use the directors box with their family and friends there are so many of them.soapy_jones said:
That's a lot dude!Callumcafc said:Global Football Partners - shareholders with 5%+ each:
Gabriel Brener and family
Private investor and former majority shareholder of a Major League Soccer team
Joshua Friedman and family
Co-Founder, Co-Chairman and Co-Chief Executive Officer of Canyon Partners, LLC, a leading global alternative asset management firm
Warren Rosenfeld and family
Owner of major US Recycling firm Calbag Metals
ACA Football Partners (acafp.com)
Singapore-based group that invests in football with a focus on building a foundation for sustainable growth
Munir Javeri
Founder of Connecticut-based investment firm Sahana Capital
Marc Boyan
CEO Miroma Group (global marketing, media and content company) and Miroma Ventures
Charlie Methven
Sports and leisure industry entrepreneur and adviser
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Good to see it finally done. Sandgaard needed to go.
I looked up his “football is easy” quote, it was only March last year when he said “Football, in general, is not that difficult. Common sense goes a long way.”. That makes it even worse, by then he had made a lot of his mistakes including giving Aneke a 3.5 year contract and getting his family involved in running the club. Common sense he said?…
We roll the dice again with the new group. I’m hopeful the next few years will be better but having been through this so many times I’m not optimistic in the way I was about previous takeovers.
Their statement talks about actions not words - we’ll see in the next few weeks how serious they are as we still need to improve on our wing backs and strikers for Holden’s 3-5-2 to be effective. To move away from it in the near future will have been a waste of all the work done so far in preseason.
A consortium means costs are shared and we don’t have one individual implementing their ideas about football as we had with RD and TS. That’s something else that could be a positive but it comes with the risks others have pointed out. It wouldn’t surprise me if members come and go, while it could be difficult to unpick when we’re sold again in future.
Appointing an experienced SMT is a positive but it’s a basic mistake made by both RD and TS. It’s the bare minimum for being a normal football club, never mind an overachieving one. The appointments need to be right, enough money made available and spent effectively both on and off the pitch. The balance needs to be right between short term and longer term investment, something I don’t feel TS got right when aiming for Category 1 while in League 1.
I’ll watch any interviews the club put out but I won’t be concerned if they don’t produce any. It’ll excite a few but many fans will understandably not believe anything they say while others will pick it apart. With where we are as a fanbase I don’t see much for them to gain from doing so.
Will they be a success? We’re in a league with a handful of other clubs who also believe they should be playing at a higher level. There’s usually a few well ran smaller clubs who will challenge too. If we do get back to the Championship it’s then even harder and a lot more money is needed to compete. The odds aren’t good, if you’re pessimistic you’re more likely to be right. If you’re waiting for
We don’t have long to wait to see their impact (or lack of) in the short term. In true takeover thread style the next year will be crucial in giving us insight into their plans for the medium term.
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The takeover announcement was made whilst I was on the piss celebrating my birthday. Great timing hic!3
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Don't worry. No doubt there'll be another along in a minute.IAgree said:Farewell takeover thread, its been emotional.3 -
I think I'm a little more perceptive than the average Lifer. Reading between the lines I think the TS statement actually said:-
Dear all,
OK I made the biggest mistake of my life.
I’ve pissed a heap of money, sacked off a load of good people, achieved nothing and worst of all Raelynn’s shut up shop. To cap it all I’ve received dogshit abuse throughout.
Luckily, I seem to have somehow wangled most of my lost fortune back via Charlie and his chums. I intend to stay in the US for a bit now, you won’t see me again.
Good riddance to the lot of you.
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And also ‘I need something that looks decent when people google my name alongside Charlton instead of the articles containing the truth’.Raith_C_Chattonell said:I think I'm a little more perceptive than the average Lifer. Reading between the lines I think the TS statement actually said:-Dear all,
OK I made the biggest mistake of my life.
I’ve pissed a heap of money, sacked off a load of good people, achieved nothing and worst of all Raelynn’s shut up shop. To cap it all I’ve received dogshit abuse throughout.
Luckily, I seem to have somehow wangled most of my lost fortune back via Charlie and his chums. I intend to stay in the US for a bit now, you won’t see me again.
Good riddance to the lot of you.
Classy statement my arsehole6 -
If Mr Sandgaard had said nothing he would’ve been accused by some as crawling away on his belly.
He got us out from Southall.
Steve Sutherland whatever else he is is a Charlton man through and through. I hope Steve Sutherland is prepared to cover the very hard yards to get several thousand bums back on seats. It is relatively easy and glam to concentrate on corporate sponsors, executive boxes and ‘events’, but he will need a lot of school visits, community outreach, and rounds of leaflet dropping. He is not as young as he was.
The curry nights, or QandA’s, the Johnny Cash evenings are well and good even if the catering is crap and food rank, but events like that pay the wages of commercial staff but trade on the support we already have but we want to bring back bodies in the empty seats.
Good luck Steve, but I hope for imagination and creativity from your area, and absolutely not a one off sale of the name of the Valley.
Didn’t somebody in the past broker some kind of deal in perpetuity which turned out to be a millstone?
I am confident every new person will be subject to intense scrutiny given past experience. The issue of burger boy ought to be sorted. If nothing happens I assume the new regime are approving of whatever it is he does, and as a warm, lovely pink and fluffy colleague.5 -
AndyG said:I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
Cowboys0 -
To be fair though, Rosenfeld has a bit of a catalogue. https://open.spotify.com/artist/3p2pMpzDerhMR4w2xZyHWg?si=k77jHAZ8SDOVR43E1CKJIAgolfaddick said:Thinking about it, what no-one has really picked up on is that none of the major players have actually said anything publicly. Or even in the recent statements actually had a quote attributed to them. To this point that are just names.
At the very least Freidman or Brener could have released a 2 minute video introducing themselves.
Very underwhelmed.
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Really not interested if they say something or not.golfaddick said:Thinking about it, what no-one has really picked up on is that none of the major players have actually said anything publicly. Or even in the recent statements actually had a quote attributed to them. To this point that are just names.
At the very least Freidman or Brener could have released a 2 minute video introducing themselves.
Very underwhelmed.
They are clearly fronting up the capital but letting others, hopefully competent people use it how they see fit.
They obviously know little about football and I think it's probably right they keep the day to day stuff at arm's length.
Holden and the newly appointed SMT are key here.7 -
Whilst his ownership was ultimately disappointing, I think he did have the clubs interest at heart,but just executed his ownership poorly. I would take a thousand Sandgaard’s over the shysters and conmen we had before him.12
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Mendonca In Asdas said:
Farewell Thomas. Still the single most cringeworthy thing I've personally seen at a Charlton game and for that memory, I don't thank you.23 - Sponsored links:
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Ironic that Sandgaard’s leaving message includes his thanks to Storrie and the “excellent job since his appointment”. If only he had appointed people who knew what they were doing from the start instead of just the last few months when, in this case, they were imposed on him. It could have been very different and he could have received the credit he obviously craved 💥
I’m optimistic about the next couple of years, although from a highly sceptical starting point.I’m not aware that Warrick is a FD at all. It’s not obvious in his CV, which seems to be property investment related. Elliott/Sutherland…I welcome them along as people we know are Charlton fans, but I was disappointed with Steve’s recent tweet supporting Sandgaard. We have to have owners who are more than just paying the bills. Elliott & Sutherland (and Gavin Carter) need to be more than figureheads/yes men. They need to rebuild the respect within the club - one very easy thing they can start with - and bring us all along for the ride.They’ve made some decent comments in that initial statement, but we all know we need to see those words in action over the next few years. Three or four more quality signings and then same again with good loans and support for the manager and we can start to think we can get out of this league…finally.8 -
I wonder why Sutherland is only an interim appointment?0
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I am confident Sutherland cares about Charlton however good or bad he might be at his job.1
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I would be very happy if the Global Partners money men stayed in the background doing their financial thing.golfaddick said:Thinking about it, what no-one has really picked up on is that none of the major players have actually said anything publicly. Or even in the recent statements actually had a quote attributed to them. To this point that are just names.
At the very least Freidman or Brener could have released a 2 minute video introducing themselves.
Very underwhelmed.
What I do find reassuring, is that they've appointed people experienced and knowledgeable to run the day-to-day operational football side of things.
After a decade or more of rank amateurs and shysters, we should at least recognise that the intention is to run the club in a proper and structured way.
Proof of the pudding is in the eating and all that ...... but I don't see why we have to negatively pre-judge the newcomers, just because we're jaundiced and wounded after the Prem years.
We have to give them a bit of time and a chance to prove themselves one way or another.
But it's the football team, performances annd results that I'm now focused on. That's surely what football is really all about?
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Possibly it's intended that Tony Davison comes in to do it. That's his role at the Northampton Saints Rugby Club and he was seen sitting with CM at the Gillingham game. They worked together at Sunderland too and he is vastly experienced. Maybe he's said 'no' and Sutherland is a stop gap appointment.LargeAddick said:I wonder why Sutherland is only an interim appointment?
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Anyone?KiwiValley said:What is the respective responsibilities of the technical director verses the director of performance?0 -
KiwiValley said:
Anyone?KiwiValley said:What is the respective responsibilities of the technical director verses the director of performance?Sorry I missed this.Usually (semantics of job titles aside) the Technical Director is in charge of all football related matters - recruitment, scouting, academy, player performance (all) and so on - the Director of Performance (could easily be Head of Player Analysis) deals with that part of the TD's portfolio, and reports to the TD.2 -
Would it be a surprise if a bod from ACA football partners goes into the performance role, I think that’s their bag isn’t it?bobmunro said:KiwiValley said:
Anyone?KiwiValley said:What is the respective responsibilities of the technical director verses the director of performance?Sorry I missed this.Usually (semantics of job titles aside) the Technical Director is in charge of all football related matters - recruitment, scouting, academy, player performance (all) and so on - the Director of Performance (could easily be Head of Player Analysis) deals with that part of the TD's portfolio, and reports to the TD.0 -
Sorry to be the bearer of bad news Addicks, but I have it on good authority that this lot are actually part of quite a successful amateur touring barber shop quartet. Looking forward to Orient now!3
There you go Tango.
