The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Partly true - but the mortgage valuation is seldom significantly different from the 'asking' and accepted 'offer' price(s), and so any new negotiating is within a fairly narrow range and not of the sort of range you suggested:kings hill addick said:
Interesting that you should compare to a house because often when a mortgage valuation comes back there is something that affects the value and the negotiating starts all over again.micks1950 said:
Like most people I have no 'inside' knowledge, but it seems we can be reasonably confident that Due Diligence is or has taken place by at least one potential buyer.charltonnick said:I would imagine any interested parties have a realistic value of what the Club is worth , £10M max and RD thinks £50M + so don't hold your breath
Surely - a bit like buying a house and going ahead with surveys and legal searches - Due Diligence would not be done unless there was at least a provisional offer put forward by the 'buyer' that was broadly acceptable to the 'seller' and the 'seller' was reasonably satisfied that the 'buyer' had access to the necessary funds?
So if things have now 'stalled' it surely won't be over the overall (broad) 'price' or 'value' (as that should have been provisionally agreed before Due Diligence was undertaken) and is therefore more likely to be about the 'structuring' of payment(s) (i.e. deferring part until certain promotion goals are achieved) - I would have thought?
"I would imagine any interested parties have a realistic value of what the Club is worth , £10M max and RD thinks £50M".....
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I'm not sure the source trusts the source. Just posting what ive heard this morning. I'm sure Airman has a better track.Henry Irving said:
If you've heard it's off why are you asking Airman?ShootersHillGuru said:I’ve heard it’s off.
Airman ?
Don't you trust your source?
If not, why give it credence and publicity?
WIOTOS
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Mick, full Due Diligence (not DD only on published accounts as suggested on another forum) HAS taken place.micks1950 said:
Like most people I have no 'inside' knowledge, but it seems we can be reasonably confident that Due Diligence is or has taken place by at least one potential buyer.charltonnick said:I would imagine any interested parties have a realistic value of what the Club is worth , £10M max and RD thinks £50M + so don't hold your breath
Surely - a bit like buying a house and going ahead with surveys and legal searches - Due Diligence would not be done unless there was at least a provisional offer put forward by the 'buyer' that was broadly acceptable to the 'seller' and the 'seller' was reasonably satisfied that the 'buyer' had access to the necessary funds?
So if things have now 'stalled' it surely won't be over the overall (broad) 'price' or 'value' (as that should have been provisionally agreed before Due Diligence was undertaken) and is therefore more likely to be about the 'structuring' of payment(s) (i.e. deferring part until certain promotion goals are achieved) - I would have thought?7 -
If it is off then going to Belgium is back on.13
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Good, we never should have sold Harriott in the first placeFortune 82nd Minute said:
It will be!GretnaGreenAddick said:
I hope Reading is the first club you call with a transfer offer.Fortune 82nd Minute said:
Sorry guys - numbers never came up last night. No real problem as the jackpot is now about £110 million, meaning when I win this weekend I can now not only buy the club but also give SCP an extra £6m to strengthen the squad.Fortune 82nd Minute said:
There's a third category - life long supporters who win the lottery. £101m jackpot tonight. I have a ticket.carly burn said:
What else do you honestly think we should expect from someone who has no affinity with the club?Isawsummersplay said:That about sums up his ownership of CAFC - a hobby! What an insult. Just bugger off you simpleton.
It either has to be a hobby or a money making scheme. Or maybe a bit of both.
And the latter has failed on many an occasion.
Highly likely new owners will fall into one of these two boxes.
(PS I've already had a word with Curbs and SCP about how I'm going to put them into some sort of joint management team, They are waiting to hear from me again after my numbers come up).7 -
Has anybody contacted Roland Duchelet directly and asked him at what stage are the negotiations to sell the club? We don’t need to know the figures but if he could say whether it’s likely to happen imminently (try and get him to define imminently) and the name of the prospective buyer that would be cushty - don’t forget to say please.
And do wish him and his family a Merry Christmas and have a wonderful new year.5 -
Source? @hexHex said:
Mick, full Due Diligence (not DD only on published accounts as suggested on another forum) HAS taken place.micks1950 said:
Like most people I have no 'inside' knowledge, but it seems we can be reasonably confident that Due Diligence is or has taken place by at least one potential buyer.charltonnick said:I would imagine any interested parties have a realistic value of what the Club is worth , £10M max and RD thinks £50M + so don't hold your breath
Surely - a bit like buying a house and going ahead with surveys and legal searches - Due Diligence would not be done unless there was at least a provisional offer put forward by the 'buyer' that was broadly acceptable to the 'seller' and the 'seller' was reasonably satisfied that the 'buyer' had access to the necessary funds?
So if things have now 'stalled' it surely won't be over the overall (broad) 'price' or 'value' (as that should have been provisionally agreed before Due Diligence was undertaken) and is therefore more likely to be about the 'structuring' of payment(s) (i.e. deferring part until certain promotion goals are achieved) - I would have thought?1 -
I read in an article today that in the 15th century it was common practice to rub the ashes of a dead owl into the eyes of a lunatic to cure madness.
Seeing as I now live in the country and there are an abundance of owls here, does anyone fancy having a go at this with Roland? Let me know if you do and I'll pop one in the oven.
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201 pages... 100 pages more than there were dalmatians and he's still fecking here! S**t C**t1
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Official website 'down for maintenance.' Surely not ?!7
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F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5Sir Chrissy said:Official website 'down for maintenance.' Surely not ?!
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Cracking idea.man_at_milletts said:I read in an article today that in the 15th century it was common practice to rub the ashes of a dead owl into the eyes of a lunatic to cure madness.
Seeing as I now live in the country and there are an abundance of owls here, does anyone fancy having a go at this with Roland? Let me know if you do and I'll pop one in the oven.
Would certainly turn a few heads if you did try it.3 -
I was just about to post the 'It's happening' Gif but was stopped in my tracks by the Transfer rumours thread where we are interested in a Network player so it appears the carousel keeps on turning at the circusSenpai said:
F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5F5 F5 F5 F5 F5Sir Chrissy said:Official website 'down for maintenance.' Surely not ?!
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As My Computer Keyboard does not have F5 what other key can I use0
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Correction, it does have F5 as it is a Mac I did not see it on the top line.3
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So is it off or not? None of the usual faces have commented.0
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It’s not down and we’re not getting taken over.0
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Bronwyn what works at the Chippie says its off, but i think she might mean the fryer5
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Nothing is happening until the senile old scrote accepts a reasonable price.
Don't hold your breath0 - Sponsored links:
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Tuck?KiwiValley said:Bronwyn what works at the Chippie says its off, but i think she might mean the fryer
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We don't want bad news do we...........Essex_Al said:
Slightly ironic that your post is directly under an add for DREMEL.AddickUpNorth said:It’s my birthday tomorrow and seeing as I’ll be forty five I’ve not really had any exciting presents for a long time, socks, pants and electric screwdrivers just haven’t got my pulse racing. So Roly, tomorrow mate, you know what you have to do.
Happy birthday for tomorrow, but I wouldn't get your hopes up!0 -
Bloody good idea that.Solidgone said:Has anybody contacted Roland Duchelet directly and asked him at what stage are the negotiations to sell the club? We don’t need to know the figures but if he could say whether it’s likely to happen imminently (try and get him to define imminently) and the name of the prospective buyer that would be cushty - don’t forget to say please.
And do wish him and his family a Merry Christmas and have a wonderful new year.0 -
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Wow, there are so many people who claim to be in the known are totally contradicting each other whether it's on this forum, Into the Valley or elsewhere....it's getting ridiculous.
I'm tired of rumors floating around and feeling a sense of false hope then nothing materializes so the only source I'm going to believe from now on is from the club or any other top sports sites or TV channels like Sky Sports News.1 -
Twas ever thus Disco and to quote HI's mantra;DiscoCAFC said:Wow, there are so many people who claim to be in the known are totally contradicting each other whether it's on this forum, Into the Valley or elsewhere....it's getting ridiculous.
I'm tired of rumors floating around and feeling a sense of false hope then nothing materializes so the only source I'm going to believe from now on is from the club or any other top sports sites or TV channels like Sky Sports News.
WIOTOS (When It's On The Official Site)
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Hahaha too right!RedChaser said:
Twas ever thus Disco and to quote HI's mantra;DiscoCAFC said:Wow, there are so many people who claim to be in the known are totally contradicting each other whether it's on this forum, Into the Valley or elsewhere....it's getting ridiculous.
I'm tired of rumors floating around and feeling a sense of false hope then nothing materializes so the only source I'm going to believe from now on is from the club or any other top sports sites or TV channels like Sky Sports News.
WIOTOS (When It's On The Official Site)1 -
Hear that RD knocked back a bid for the club two weeks ago. Hoping they go back with another.6
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'A' bid, i.e from another party or 'the' bid i.e. Muir has been knocked back after due diligence.Redhenry said:Hear that RD knocked back a bid for the club two weeks ago. Hoping they go back with another.
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