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So who are our new owners then?

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  • Arthur_Trudgill
    Arthur_Trudgill Posts: 464
    TelMc32 said:
    Companies House updates this morning confirming the removal of Charlie as a Director of SE7 Partners Limited. 

    However, two new “directors” have been added in the names of:

    Futbol UK LLC 
    3FS Football LLC.

    Both registered in Delaware US, the first one using US law firm Duane Morris as their registered office. 

    Edit: 3FS registered address is likely to relate to Contemporary Services Corporation (CSC). Similar to using a law firm, they are likely an agent offering admin services and a registered Delaware address.

    Can’t see any additional info on either from a quick search, but Delaware is the US state to register in if you want to disclose as little info as possible. 
    Interesting they use 'futbol', the Spanish spelling, .

    It’s Shakira Shakiiira 
    We can only hope.
  • Weegie Addick
    Weegie Addick Posts: 16,520
    These are not new investors - club have advised CAST they are Friedman’s and Brener’s vehicles. We have suggested to the club that it would be helpful for them to clarify publicly. 
  • AdTheAddicK
    AdTheAddicK Posts: 3,379
    These are not new investors - club have advised CAST they are Friedman’s and Brener’s vehicles. We have suggested to the club that it would be helpful for them to clarify publicly. 
    Oh :( 
  • TelMc32
    TelMc32 Posts: 9,046
    These are not new investors - club have advised CAST they are Friedman’s and Brener’s vehicles. We have suggested to the club that it would be helpful for them to clarify publicly. 
    Would be a good idea, given what nosey and inquisitive gits we are! 🤷🏻‍♂️😉
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    edited May 28
    Thankfully thats now as clear as mud to me 👍
  • sam3110
    sam3110 Posts: 21,255
    Thankfully thats now as clear as mud to me 👍
    It's not that hard, Methven sold his shares, so he's gone from the list on CH. 

    Friedman and Brener have both set up, for want of a better word, shell companies called Futbol UK LLC (Brener) and 3FS Football LLC (Friedman) to be able to route their investment money through into Charlton, without it affecting other businesses that they own. To reflect this, CH has been updated with both companies as "new" investors 
  • TelMc32
    TelMc32 Posts: 9,046
    edited May 28
    sam3110 said:
    Thankfully thats now as clear as mud to me 👍
    It's not that hard, Methven sold his shares, so he's gone from the list on CH. 

    Friedman and Brener have both set up, for want of a better word, shell companies called Futbol UK LLC (Brener) and 3FS Football LLC (Friedman) to be able to route their investment money through into Charlton, without it affecting other businesses that they own. To reflect this, CH has been updated with both companies as "new" investors 
    Not quite, CH registers them as directors, not investors. Given what @WeegieAddickhas said above, it’s likely that’s what they have been set up for, but it isn’t something that CH would confirm. 
  • TelMc32
    TelMc32 Posts: 9,046
    Further update just through on the Charlton Athletic Football Club Limited CH account, just confirming Gavin Carter as a Director (as from 14 May).
  • The Red Robin
    The Red Robin Posts: 26,126
    How long before salmon chinos takes credit for the promotion. 
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  • cafcnick1992
    cafcnick1992 Posts: 7,413
    edited May 28
    How long before salmon chinos takes credit for the promotion. 
    Sorry I actually thought someone called Salmon Chinos was involved with the club then.

    In my head it was pronouned Sala-man Chin-oss
  • Henry Irving
    Henry Irving Posts: 85,219
    How long before salmon chinos takes credit for the promotion. 
    Sorry I actually thought someone called Salmon Chinos was involved with the club then
    Good striker is Chinos but not sure we'd get a work permit.
  • TelMc32
    TelMc32 Posts: 9,046
    How long before salmon chinos takes credit for the promotion. 
    Sorry I actually thought someone called Salmon Chinos was involved with the club then
    Good striker is Chinos but not sure we'd get a work permit.
    Probably a bit too casual. Not sure he’d suit Jonesy’s high pressing game. 
  • guinnessaddick
    guinnessaddick Posts: 28,609
    edited May 29
    TelMc32 said:
    How long before salmon chinos takes credit for the promotion. 
    Sorry I actually thought someone called Salmon Chinos was involved with the club then
    Good striker is Chinos but not sure we'd get a work permit.
    Probably a bit too casual. Not sure he’d suit Jonesy’s high pressing game. 
    Jones always gets his man. Can press all night and is great at away games.


  • SteveACS
    SteveACS Posts: 373
    sam3110 said:
    Delaware based and the Futbol spelling leads me to believe that particular vehicle of investment would be tied to Brener. 3FS, could it be "3 FriedmanS"? Though I seem to recall there were 5 of them in the initial "& Family"
    A lot of US companies are set up in Delaware. I assume there's some sort of privacy/tax implications. Like setting up in the Channel Islands/Isle of Man...

  • TelMc32
    TelMc32 Posts: 9,046
    edited May 29
    SteveACS said:
    sam3110 said:
    Delaware based and the Futbol spelling leads me to believe that particular vehicle of investment would be tied to Brener. 3FS, could it be "3 FriedmanS"? Though I seem to recall there were 5 of them in the initial "& Family"
    A lot of US companies are set up in Delaware. I assume there's some sort of privacy/tax implications. Like setting up in the Channel Islands/Isle of Man...

    I touched on it in my post yesterday. Every US state has its own laws and reporting requirements.  I spent a lot of my career looking after the big US law firms and a number were set up as Delaware LLPs because the rules there afforded them the most privacy in terms of disclosing financials, owners etc. 


    Edit: I should add that this isn’t seen as an issue. When we developed relationships with these law firms, they were happy (😉) to disclose what we needed in terms of owners, financials.  It’s just that they didn’t have to publicly declare them to all and sundry.
  • cafcfan
    cafcfan Posts: 11,198
    SteveACS said:
    sam3110 said:
    Delaware based and the Futbol spelling leads me to believe that particular vehicle of investment would be tied to Brener. 3FS, could it be "3 FriedmanS"? Though I seem to recall there were 5 of them in the initial "& Family"
    A lot of US companies are set up in Delaware. I assume there's some sort of privacy/tax implications. Like setting up in the Channel Islands/Isle of Man...

    Spot on. While a company or LLC exists there, there is no requirement to disclose beneficial ownership. As far as tax goes, here's a list of benefits:

    - For companies operating outside of Delaware, there isn't any state income tax. This can save a lot of money for companies that are incorporated in Delaware, but not conducting business within its borders.

    - There isn't an inheritance tax on stock held by non-Delaware residents. This means that if the owner of a Delaware company passes away, inherited stock won't be taxed if the owner lives outside of the Delaware.

    - Delaware does not have a state sales tax on intangible personal property (such as royalty payments); and shares of stock owned by non-resident aliens are not subject to Delaware taxes.

    So, it is no surprise that a State with only one million residents has two million companies! Approx two thirds of Fortune 500 companies are incorporated in Delaware.

  • BigRedEvil
    BigRedEvil Posts: 11,069
    I'm going to assume the latest changes on companies house mean we've gone from loaded to f*cking loaded!
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  • AndyG
    AndyG Posts: 5,905
    I'm going to assume the latest changes on companies house mean we've gone from loaded to f*cking loaded!
    Lol
    not sure about that mate but it is safe to assume that these are investment vehicles although no guarantee on values of such investments 
  • allez les addicks
    allez les addicks Posts: 1,432
    So in summary - nothing to see here (just how they like it in Delaware and the Caymans)….
  • The Red Robin
    The Red Robin Posts: 26,126
    I'm going to assume the latest changes on companies house mean we've gone from loaded to f*cking loaded!
    I believe that is the official legal term, yes. 
  • jimmymelrose
    jimmymelrose Posts: 9,750
    So in summary - nothing to see here (just how they like it in Delaware and the Caymans)….
    Fans of Only Fools and Horses.
  • I-SAW-POUSO-PLAY
    I-SAW-POUSO-PLAY Posts: 4,608
    Just watched back the full match and afterwards and both Brener and Friedman celebrating with the players during the trophy lift. I think Rosenfeld is there too but only glimpses. 

    Icing on the cake would be that they get the valley and training ground off RD but how good is it to not have egotistical owners who leave others to run the club like Carter etc.
  • I-SAW-POUSO-PLAY
    I-SAW-POUSO-PLAY Posts: 4,608
    Just watched back the full match and afterwards and both Brener and Friedman celebrating with the players during the trophy lift. I think Rosenfeld is there too but only glimpses. 

    Icing on the cake would be that they get the valley and training ground off RD but how good is it to not have egotistical owners who leave others to run the club like Carter etc.
    Also looks like Friedmans son in there too 
  • Foxycafc
    Foxycafc Posts: 1,210
    Friedman
    Rosenfeld
    Brener

    Couldn’t spot Munir Javeri or Marc Boyan. Also didn’t spot Hiro Ono of ACA, although not sure if he is still involved, he’s not listed on our website but probably just owns less than 5%
  • ForeverAddickted
    ForeverAddickted Posts: 94,301
    Foxycafc said:
    Friedman
    Rosenfeld
    Brener

    Couldn’t spot Munir Javeri or Marc Boyan. Also didn’t spot Hiro Ono of ACA, although not sure if he is still involved, he’s not listed on our website but probably just owns less than 5%
    He was in the stands for some reason, saw a twitter video of him celebrating (or someone from ACA) but he wasn't in the Royal box, so not sure if that was because there wasn't room for everyone
  • I-SAW-POUSO-PLAY
    I-SAW-POUSO-PLAY Posts: 4,608
    The top two photos aren’t Friedman and rosenfeld. 
  • Callumcafc
    Callumcafc Posts: 63,763
    TelMc32 said:
    Companies House updates this morning confirming the removal of Charlie as a Director of SE7 Partners Limited. 

    However, two new “directors” have been added in the names of:

    Futbol UK LLC 
    3FS Football LLC.

    Both registered in Delaware US, the first one using US law firm Duane Morris as their registered office. 

    Edit: 3FS registered address is likely to relate to Contemporary Services Corporation (CSC). Similar to using a law firm, they are likely an agent offering admin services and a registered Delaware address.

    Can’t see any additional info on either from a quick search, but Delaware is the US state to register in if you want to disclose as little info as possible. 
    Interesting they use 'futbol', the Spanish spelling, even though it is a USA entity registering as a director of a UK company.

    There are a lot of Latin Americans in the USA and many are interested in football, but still.
    A lot of North Americans also say “Futbol” to differentiate between Soccer and NFL/College Football
    It’s become very common here in Texas to call it “futbol” not “soccer”. 

    Probably the Hispanic influence to a degree but if I had to guess it’s also a way for the wider soccer community to stop using the word “soccer” and feel like they’re gaining a level of authenticity to their fandom.