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So who are our new owners then? Board looking for new investors p14

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Comments

  • raytreacy
    raytreacy Posts: 81
    Cawley confirming it is correct.
  • BigRedEvil
    BigRedEvil Posts: 11,126
    Probably needed just to stay up at this level 
  • golfaddick
    golfaddick Posts: 34,276
    Wanting out at the first sight of trouble 😀.
  • SDAddick
    SDAddick Posts: 14,534
    Doubt this is directly related to anything going on on the pitch. Suspect this will have been planned for a while, as these sorts of things take time.

    If they are able to sell shares at a 100m valuation, that would be a multi-fold increase on their investment, which would be impressive in what, 2.5 years? 
  • Henry Irving
    Henry Irving Posts: 85,464
     "I suspect they’ll be dangling 20% or so for £20m."

     The last sentance reads like they are guessing.

    It values the club at £100m when they bought it for approx £12.5m so a 8 fold increase. Yeah, we've been promoted but seems a big jump.

    Glass half full, they are raising cash to fund squad/ground improvements.

    Glass half empty, they are raising cash to recoup their investment and further losses.

    I'm more more in the former camp. More rich owners means more pockets to dip into and spreads the costs while maybe giving Nathan a transfer kitty.
  • Covered End
    Covered End Posts: 52,243
    It's also a good hedge in case we are relegated.
    The owners get their initial stakes back and likely more cash on top and will still have an 80% stake.
  • Fanny Fanackapan
    Fanny Fanackapan Posts: 18,812
    Chizz said:

    NOOOOOOOOOOOOOOO ! 

    Not Belgium !

    ( Gets black & white scarf out of mothballs ) 
  • CharltonManor1966
    CharltonManor1966 Posts: 128
    Surely got to be looking at buying the real estate from Roland?
    Priority #1 is staying up and consolidating in Championship then buy the real estate???
    Hope this is positive for the club
  • Athletico Charlton
    Athletico Charlton Posts: 14,411
    edited December 16
    I would imagine it gets some of their money back if it goes through; but if I recall they bought us for £12M. Have lost £10M a year since, so multiply that by 3 by the end of this season and they are already £42M down so half of that they get back.

    Not sure it means much more invested in the club as FFP must be starting to limit that - unless spent on infrastructure or youth teams.

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  • msomerton
    msomerton Posts: 3,094
    Looks like they want to reduce their exposure to running costs of Charlton.
  • carly burn
    carly burn Posts: 19,631
    Why are they asking BDT & MSD Partners to look for them?

    Surely Friedman's Canyon partners would do it for diddly??
  • Fanny Fanackapan
    Fanny Fanackapan Posts: 18,812
    Presume this was what Nathan cryptically referred to last week. 
  • Rothko
    Rothko Posts: 18,865
    Fanny Fanackapan said:
    Presume this was what Nathan cryptically referred to last week. 
    Nah, suspect it was something else.
  • Fanny Fanackapan
    Fanny Fanackapan Posts: 18,812
    Rothko said:
    Fanny Fanackapan said:
    Presume this was what Nathan cryptically referred to last week. 
    Nah, suspect it was something else.
    Rothko said:
    Fanny Fanackapan said:
    Presume this was what Nathan cryptically referred to last week. 
    Nah, suspect it was something else.
    Ooh, any hints welcomed, thanks.
  • fenaddick
    fenaddick Posts: 12,971
    edited December 16
    carly burn said:
    Why are they asking BDT & MSD Partners to look for them?

    Surely Friedman's Canyon partners would do it for diddly??
    Extra layer of objectivity is helpful
  • sam3110
    sam3110 Posts: 21,592
    20% for £20m means we're worth a minimum of £100m? That blows my mind tbh, unless they're more along with looking to buy The Valley etc than they let on
  • Rudders22
    Rudders22 Posts: 3,908
    What did Jones hint?

  • Rothko
    Rothko Posts: 18,865
    Rudders22 said:
    What did Jones hint?

    Said something about an internal issue. This just looks like savvy people cashing in a bit and getting extra cash through the door 
  • sam3110
    sam3110 Posts: 21,592
    Rudders22 said:
    What did Jones hint?

    He said we've had some problems with injuries, the circumstances surrounding the incident on the Saturday with Norm, and "some other stuff behind the scenes" or words to that effect

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  • Clem_Snide
    Clem_Snide Posts: 11,800
    I would imagine 'give us 20m for 20% so we can offset it against our loss's would be a pretty hard sell. 

    I dont see this as anything sinister and hopefully it is an attempt to bring in some funds to ether make serious steps towards buying the ground or further squad investent.
  • Crispywood
    Crispywood Posts: 845
    This could either mean the owners are so desperate to progress the club that they are doing any means necessary to get as much money into the club as possible. Alternatively means they either don’t want to or don’t have the required funds necessary to take us forward and need additional help. Annoying thing is have no idea which extreme it is 
  • jose
    jose Posts: 862
    What about:
    Nathan says to the owners 'In order to stay up I need a credible amount of money in January'. Owners say 'We don't actually have the money ourselves, but we will try to raise some by doing a bit of creative valuation, you never know, it might work'.
  • PaddyP17
    PaddyP17 Posts: 13,067
    carly burn said:
    Why are they asking BDT & MSD Partners to look for them?

    Surely Friedman's Canyon partners would do it for diddly??
    Because hedge funds aren't the same as merchant banks. They will have vastly different areas of expertise.
  • Off_it
    Off_it Posts: 29,005
    edited 3:24AM
    I'm surprised that people read one very obscure and limited tweet and immediately assume this is a good thing. Why's that?

    If this is the company issuing £20 mill of new shares and the cash is going to be used towards the business then fair enough. But if it's the current owners selling some of their own shares for £20 mill then I can't see how that automatically benefits us. 
  • Off_it
    Off_it Posts: 29,005
    AFKABartram said:
    Been expecting this 
    In a good or bad way?

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