The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Show offblackpool72 said:
My house is worth about 475k.NapaAddick said:
Well, it is, without question, worth at least 57M, since that is the debt as it currently stands. So we have a difference of opinion only for the remaining 13M. The lowest offer anyone in the press has reported for RD's purchase is 14M. The highest is 20M. I contend he won't sell at a loss. And that someone will assume all the debt and pay at least the £14M he paid.charltonnick said:NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded
I need to add that enterprise value (equity plus debt) and intrinsic value (actual worth) are very different things.
That being said, I think I can make a fairly strong case for even paying full boat for the club.
If I decide to sell I will contact you and sell it for about 3 million.0 -
Don't worry, he'll be along soon enoughoohaahmortimer said:Who’s next on the thread to make themselves look stark raving mad
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Me me me me me me me me me me meow!oohaahmortimer said:Who’s next on the thread to make themselves look stark raving mad
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178 posts to wade through, i do wonder if i can take much more of this.
At least i've learnt to speed read, now where do i start- page 194 think it was.3 -
Maybe we should just stick with the BelgiansJamesSeed said:Anybody buying Charlton will almost certainly lose loads of money.
Unless we get to the Premier League.
But to get there would be very expensive.
So we're looking for someone incredibly wealthy who is prepared to take a big risk, with only an outside chance of a return on the investment.
Oh god.0 -
I doubt the EV is 57m, as it’s not the amount of debt, it’s the market value of the debt. I would imagine the clubs debt rating would be less than junk, so it’s market value is way less than it’s book value. I wouldn’t be surprised if that the sticking point here.NapaAddick said:
Well, it is, without question, worth at least 57M, since that is the debt as it currently stands. So we have a difference of opinion only for the remaining 13M. The lowest offer anyone in the press has reported for RD's purchase is 14M. The highest is 20M. I contend he won't sell at a loss. And that someone will assume all the debt and pay at least the £14M he paid.charltonnick said:NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded
I need to add that enterprise value (equity plus debt) and intrinsic value (actual worth) are very different things.
That being said, I think I can make a fairly strong case for even paying full boat for the club.1 -
I think that is exactly the sticking point.SomervilleAddick said:
I doubt the EV is 57m, as it’s not the amount of debt, it’s the market value of the debt. I would imagine the clubs debt rating would be less than junk, so it’s market value is way less than it’s book value. I wouldn’t be surprised if that the sticking point here.NapaAddick said:
Well, it is, without question, worth at least 57M, since that is the debt as it currently stands. So we have a difference of opinion only for the remaining 13M. The lowest offer anyone in the press has reported for RD's purchase is 14M. The highest is 20M. I contend he won't sell at a loss. And that someone will assume all the debt and pay at least the £14M he paid.charltonnick said:NappaAddick I would be very interested to read how you think CAFC could have a value of £75-80M. Sorry but I think you are deluded
I need to add that enterprise value (equity plus debt) and intrinsic value (actual worth) are very different things.
That being said, I think I can make a fairly strong case for even paying full boat for the club.0 -
199 pages of comments in 12 days. How many pages if we actually sell?1
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Ahh, now I see where your ridiculous numbers come fromNapaAddick said:199 pages of comments in 12 days. How many pages if we actually sell?
You clearly can't count
It's been 8 months, not 12 days13 -
Days seem like months. It feels like an eternity.sam3110 said:
Ahh, now I see where your ridiculous numbers come fromNapaAddick said:199 pages of comments in 12 days. How many pages if we actually sell?
You clearly can't count
It's been 8 months, not 12 days
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Almost flagged you for that.charltonbob said:
Maybe we should just stick with the BelgiansJamesSeed said:Anybody buying Charlton will almost certainly lose loads of money.
Unless we get to the Premier League.
But to get there would be very expensive.
So we're looking for someone incredibly wealthy who is prepared to take a big risk, with only an outside chance of a return on the investment.
Oh god.5 -
Does anybody agree with NapaAddick?0
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No, but I'd like to know how many bedrooms the £3million house has got.ElfsborgAddick said:Does anybody agree with NapaAddick?
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I agree that he is absolutely bonkers.ElfsborgAddick said:Does anybody agree with NapaAddick?
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No.ElfsborgAddick said:Does anybody agree with NapaAddick?
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Here we go again, you're driving me potty.RedChaser said:Great thread, I've learnt so much over the last dozen or so pages let alone the previous 180 odd from, poetry to basic accountancy, how much a row of terraced houses cost in Rotherham, how to mug your wife off when buying a car and how to convince someone black is white and vice versa. Can't wait for the next tangent
It's tangible assets not tangent.2 -
Yeah, tangent is one of those pottery things you cook things in. No wunder it is dryving you potty.catfordmorry said:
Here we go again, you're driving me potty.RedChaser said:Great thread, I've learnt so much over the last dozen or so pages let alone the previous 180 odd from, poetry to basic accountancy, how much a row of terraced houses cost in Rotherham, how to mug your wife off when buying a car and how to convince someone black is white and vice versa. Can't wait for the next tangent
It's tangible assets not tangent.1 -
I’m beginning to think this thread is an emergent life form...
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Maybe we should get in touch with the Lowy family, just sold Westfield for 32bn.....they wish to become investors....wishful thinking2
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Zero.NapaAddick said:199 pages of comments in 12 days. How many pages if we actually sell?
We'll all be too pissed to navigate a keyboard.6 - Sponsored links:
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aaaaaagghhhcharltonbob said:
Maybe we should just stick with the BelgiansJamesSeed said:Anybody buying Charlton will almost certainly lose loads of money.
Unless we get to the Premier League.
But to get there would be very expensive.
So we're looking for someone incredibly wealthy who is prepared to take a big risk, with only an outside chance of a return on the investment.
Oh god.1 -
Well, we have seen the recognition earlier this year of the new species:3blokes said:I’m beginning to think this thread is an emergent life form...
Urinae Aigrevinum Charltonensis
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There was an old perv from Saint-Truden
Who thought all the answers he knew them
Turns out he was wrong
Yewtree won’t be long
Please fuck off and go buy the new den.4 -
Blimey it's the ghost of the lucky black catSoundAsa£ said:
Me me me me me me me me me me meow!oohaahmortimer said:Who’s next on the thread to make themselves look stark raving mad
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Great band!JamesSeed said:
Planning to clear the loft in a week or so. Will dig out a couple. They're very good, of course. As you'd expect from a 17 year old Hatfield & The North fan in 1974 boarding school.Oggy Red said:
Jimmy Seed .... we need some more poetry. NOW!
Any lols will be hunted down....1 -
Were Bolton worth £130M when the old chairman cancelled the debt and they got taken over for nothing? Just wondering....6
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Getting this thread back on track,
Here is a beautiful little poem by Emily Dickinson about hope, which is the one thing we've still got.
“Hope” is the thing with feathers,
That perches in the soul,
And sings the tune without the words,
And never stops, at all.
And sweetest, in the Gale, is heard,
And sore must be the storm,
That could abash the little Bird,
That kept so many warm.
I’ve heard it in the chillest land,
And on the strangest Sea,
Yet never in Extremity,
It asked a crumb, of me.
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johnny73 said:
Almost flagged you for that.charltonbob said:
Maybe we should just stick with the BelgiansJamesSeed said:Anybody buying Charlton will almost certainly lose loads of money.
Unless we get to the Premier League.
But to get there would be very expensive.
So we're looking for someone incredibly wealthy who is prepared to take a big risk, with only an outside chance of a return on the investment.
Oh god.
What stopped you ?johnny73 said:
Almost flagged you for that.charltonbob said:
Maybe we should just stick with the BelgiansJamesSeed said:Anybody buying Charlton will almost certainly lose loads of money.
Unless we get to the Premier League.
But to get there would be very expensive.
So we're looking for someone incredibly wealthy who is prepared to take a big risk, with only an outside chance of a return on the investment.
Oh god.
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So when is it more likely the Takeover will happen?
a) Before Christmas?
b) Before the end of the Transfer Window?
c) Before end of the season?
d) After the Season has finished?
Personally i prefer if it was A or B as i win a bet then.
Fingers and Toes crossed. Any update at all @Airman Brown ?0 -
My Christmas wish
Dear Santa.
Please send me a new owner of my favourite football club Charlton Athletic.
I don’t want an owner who lives abroad and rarely attends matches, i.e. From Australia, Australia or Azerbaijan.
I don’t want an owner who can’t afford to buy the Valley and training ground.
(We’ve been there before with a near disastrous outcome.)
I don’t want an owner who views the Valley as a piece of real estate that can be a future housing development.
I don’t want an owner who cannot properly fund Charlton Athletic from his own wealth rather relying on some obscure city financier.
I know Santa, that I am wishing for the impossible but I think that after supporting Charlton Athletic for nearly sixty years, I deserve an owner who is a Charlton Athletic supporter, who attends matches and who can properly fund the club.
Thanks.
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