Charlton announce £13.5m loss
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Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.0
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you were going to prove to us that there would be no takeoverValley27000 said:Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.
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Nothing has happened.0
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Yet. you were going to "prove" nothing would happen yet now you speak of takeovers and sales?Valley27000 said:Nothing has happened.
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The 5-0 at Watford was a bad oneNorthStandUltra said:What are the worse losses in the club history??
Sorry.27 -
Fanni, Motta, Suk-Young and Sanogo must have been on monstrous wages!0
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Is there really anyone who wants to invest in football who has so little idea they would share decision-making with these jokers?Valley27000 said:Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.
I mean apart from Sisu, Becchetti and the Venkys.1 -
Hey sanogoals.
Who knows where the money went. What is clear is that there was value destruction not investment.
Also, I seem to recall that the cost that Duchatelet paid for the club is rolled into the debt.
So in the hugely unlikely event of the debt principal being paid for the club, he would be flat, debt principal plus accumulated interest he would be up.
However, he bought a decent championship club, manager and team, systematically fucked it up and got us relegated.
He should just accept the bath that's coming to him and learn from his mistakes.6 -
Exactly.rananegra said:
Is there really anyone who wants to invest in football who has so little idea they would share decision-making with these jokers?Valley27000 said:Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.
I mean apart from Sisu, Becchetti and the Venkys.
I'm trying to imagine the hilarity of RD and KM pitching up on Dragon's Den.5 -
Sure I will get back later with more detailsAFKABartram said:
@barstool Out of interest (as you clearly know more on this stuff than me mate), what examples can you give from the accounts to expand on that point?barstool said:It looks to me as the accounts are being managed to make a big loss this year and then show much better results the following year which are more current and any buyer would be more interested in as they are more up to date. Sounds like we are for sale, I would be doing the same if I was the owner
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Walking into the room to the theme from Laurel and Hardy...SuedeAdidas said:
Exactly.rananegra said:
Is there really anyone who wants to invest in football who has so little idea they would share decision-making with these jokers?Valley27000 said:Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.
I mean apart from Sisu, Becchetti and the Venkys.
I'm trying to imagine the hilarity of RD and KM pitching up on Dragon's Den.
£13.5m. Hard to get your head around.
To picture a sum like that, imagine say 27,111 red seats with £500 on every single one.11 -
If the crossbar challenge continues as it has then the winner could buy him out11
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Aston Villa away 59/60 11-1 wasn't too clever eitherBen18 said:
The 5-0 at Watford was a bad oneNorthStandUltra said:What are the worse losses in the club history??
Sorry.
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It certainly wasn't the players' win bonussam3110 said:Fanni, Motta, Suk-Young and Sanogo must have been on monstrous wages!
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Would be interesting to see the losses vs the league table for 15/160
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After seeing this data, now I know why.Valley27000 said:Nothing has happened.
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They are not getting all the Lookman money up front are they.0
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4 days ago you were worrying there would be no sale because we had put S/Ts on sale.NapaAddick said:After this, I now believe RD is desperate to sell. The hangup will be by the buyer more than RD.
Leeds, who might get promoted to the PL this season are a bigger club, with average 27,000 attendance and much higher turnover.
Apparently it sold the other month for something like £40M equity and the assumption of £27M in debt for a total enterprise value of £67M.
That seems fair.
So how can RD ask for the payoff of £65M in debt and even £1 in equity at all? Much less £75M on top of the assumption of debt? An enterprise value 2x Leeds? LOL.
If Leeds is worth £67M on the cusp of the PL, we can't be worth any more than £30M while in a relegation fight in League One. Maybe less.
I don't see RD selling for a 55% haircut on his investment and I don't see a company like Red Bull overpaying. I am almost frightened by who would overpay for such a club, frankly.
Either it will be someone worse than RD or someone so rich that losses don't scare them at all.9 -
**I may or may not have a had a few beers tonight**1 -
I like the line "this will not be repeated". The reason I like it is because it won't/hasn't been this year but next year would be much worse....obviously not the case for him if he is no longer here....0
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Most were 0-3sSuedeAdidas said:Would be interesting to see the losses vs the league table for 15/16
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And who would get to pick the team?Valley27000 said:Could RD sell 50 per cent of the club?.How would a even richer investor pump enough money in to get promoted next season?.
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If the national leagues good enough for Bromley and Orient its good enough for us.cabbles said:Dear oh dear. In one way yes we are all a little bit happy he's taken such a hit financially, but it does highlight the need for a quick sale imo as you can be sure KR will no money in the summer at all, and that could really mean a real threat of relegation next season
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No, I feared it was INDICATIVE that a sale was off. That a new owner would not let the current regime out STs on sale if a takeover was happening.Covered End said:
4 days ago you were worrying there would be no sale because we had put S/Ts on sale.NapaAddick said:After this, I now believe RD is desperate to sell. The hangup will be by the buyer more than RD.
Leeds, who might get promoted to the PL this season are a bigger club, with average 27,000 attendance and much higher turnover.
Apparently it sold the other month for something like £40M equity and the assumption of £27M in debt for a total enterprise value of £67M.
That seems fair.
So how can RD ask for the payoff of £65M in debt and even £1 in equity at all? Much less £75M on top of the assumption of debt? An enterprise value 2x Leeds? LOL.
If Leeds is worth £67M on the cusp of the PL, we can't be worth any more than £30M while in a relegation fight in League One. Maybe less.
I don't see RD selling for a 55% haircut on his investment and I don't see a company like Red Bull overpaying. I am almost frightened by who would overpay for such a club, frankly.
Either it will be someone worse than RD or someone so rich that losses don't scare them at all.0 -
Such is the level of cost cutting these days at The Valley, Duchatalatet now gets his live match streams by morse code :-(3
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Christ what a waste. What a clown.
It's like....buying a Freddo .....for 15p. That's fine, nothing wrong with that. A good old Freddo. Who doesn't like em.
Then, quite randomly. You take this Freddo, little chocolate snack that you just purchased for 15p, you throw it on the floor with a strange amount of brute force, and just start stamping on it like a maniac. Why? Don't know...because your the owner that's why.
What? Ok. You've now decided that because you don't even really like chocolate that much and it now looks, a bit like a piece of shit.
You want to sell it.
It needs to keep it's appeal, for potential buyers.
So you spend money on cream, expresso powder, chocolate powder, all these things, to enhance the potential taste of this scrunched up chocolate bar that happens to have a duck tape footprint on the top of it. It's also rotting and melting. Haven't even stuck it in the fridge. To save it a bit.
You find out from your accountant. On the products to improve you chocolate bar, you need to spend over £3.
You need to sell the Freddo for £2.50, at least, to claw absolutely anything back you can. Huh. Bit of a waste of time and effort but ok. The whole thing.
You put a person in charge to use the money wisely to spend on cream and chocolatey bits.
This person actually spent a whole £3 on bird shit, then added it to the melting Freddo.
She got mugged off by a kid in the street, who told her it was cream and other chocolatey things.
(Probably the worst analogy possible, even I didn't know where I was going with it. Similarities are apparent though)38 -
So their vision to groom young talent of tomorrow and sell to the premier league teams at profit is going really well.1
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Well if you look at the sales since last summer then i guess it's worked a bit this year. Can't be too many league one sides who've shifted around 18m of player sales. The problem for him is that aside from Konsa and potentially Aribo in another years time, who else is left to sell who he could realistically get a decent fee for? And it's exactly that reason why i think he's finally realised his stupid game is up.cafc999 said:So their vision to groom young talent of tomorrow and sell to the premier league teams at profit is going really well.
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Agree, but not so clever when you shift £18m of players and still manage to post £13.5m loss.Chris_from_Sidcup said:
Well if you look at the sales since last summer then i guess it's worked a bit this year. Can't be too many league one sides who've shifted around 18m of player sales. The problem for him is that aside from Konsa and potentially Aribo in another years time, who else is left to sell who he could realistically get a decent fee for? And it's exactly that reason why i think he's finally realised his stupid game is up.cafc999 said:So their vision to groom young talent of tomorrow and sell to the premier league teams at profit is going really well.
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