The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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He's only done that to sell more copiesFanny Fanackapan said:
All I shall add is that AB, in his "other guise" ( VOTV seller :-) ) has updated his profile pic on Facebook today ....CheshireAddick said:Airman Brown, any news to share?
....and he's smiling !
, be in his best frock next 16 -
Loved them as a kid - can you still get them?Alwaysneil said:But you knew it to be true as you listened to the Force (whatever happened to Sunny Jim?)
"Hi o'er the fence leaps Sunny Jim
Force is the food that raises him"0 -
Up until about 3 years ago they sold them in Sainsbury’s. Don’t know where you can get them now. I had a sunny Jim stuffed toy when I was a kid, the powers of free marketing0
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Hmmm, I dunno, Harry and Meghan have set their wedding date today, maybe he's smiling about that.Fanny Fanackapan said:
All I shall add is that AB, in his "other guise" ( VOTV seller :-) ) has updated his profile pic on Facebook today ....CheshireAddick said:Airman Brown, any news to share?
....and he's smiling !4 -
I'm not sure there has been anything even vaguely takeover related on this thread since page 175! I have learnt some valuable life skills though!3
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I know Bart and neither have I, but I think quite a lot of us reasoned that that is what happened.......I’ve spoken with a few Addicks of late and the general consensus is that an offer has been made but not accepted (at least thus far), though that doesn’t mean that either party have binned it completely......I reckon it’s at a ‘waiting to see who blinks first stage’ without anyone having actually said “take it or leave it,” or even if they have, that that comment is being taken as gospel by either party.AFKABartram said:0 -
Stand easy............. Its just wind!Fanny Fanackapan said:
All I shall add is that AB, in his "other guise" ( VOTV seller :-) ) has updated his profile pic on Facebook today ....CheshireAddick said:Airman Brown, any news to share?
....and he's smiling ! 2 -
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Well you ain't been paying attention then son!AFKABartram said: 3 -
Cut him some slack, he had a bad day all round last Saturday and is not quite over it yetcantersaddick said: 1 - Sponsored links:
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Red Chaser, the best thing about winning was that my teacher had a sneaky little favourite and was mad as hell. The judge on the day was one of Jon Pertwee's brothers. Just think, I could have gone on to be Doctor Who !
Man at Millets, winning S56 million is something I can only dream of, I await his call with baseball bat at the ready.1 -
When does the football season start?0
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Perhaps Network Southeast are involved.0
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No that's @golfaddickRedChaser said:I think I owe you an apology @Grumpy (Gramps) I got you mixed up with Grumpy Addick who really does live up to his name
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Belated congratulations on your achievement way back when 1 -
I didn't think I'd been that harsh on Golfie, I only said I thought he was consistent by leading with his chin, the other dayDazzler21 said:
No that's @golfaddickRedChaser said:I think I owe you an apology @Grumpy (Gramps) I got you mixed up with Grumpy Addick who really does live up to his name
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Belated congratulations on your achievement way back when 0 -
Even more good news.catfordmorry said:Good news. The discovery by NASA of another solar system means there are more potential buyers out there.
Yesterday's BBC documentary on the existence of parallel Universes would suggest that Charlton supporters in at least one such parallel Universe are enjoying unprecedented success under a new beneficial ownership so................err.............not sure now that this really helps does it?
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But as I understand if an offer had been made but not accepted there would not have been Due Diligence (which the general consensus seems to agree is or has taken place) as that occurs after an acceptable offer has been made (subject to Due Diligence).SoundAsa£ said:
I know Bart and neither have I, but I think quite a lot of us reasoned that that is what happened.......I’ve spoken with a few Addicks of late and the general consensus is that an offer has been made but not accepted (at least thus far), though that doesn’t mean that either party have binned it completely......I reckon it’s at a ‘waiting to see who blinks first stage’ without anyone having actually said “take it or leave it,” or even if they have, that that comment is being taken as gospel by either party.AFKABartram said:
There may be problems, issues and haggling as a result of Due Diligence, including how and when payment(s) might be made, or one or other party may have pulled the plug (or at least be pretending to have done).
But it seems unlikely that it's just a case of an offer being made but not accepted?2 - Sponsored links:
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It’ll do for me though. I’m now supporting that Charlton you mugs.Coyotejohn1947 said:
Even more good news.catfordmorry said:Good news. The discovery by NASA of another solar system means there are more potential buyers out there.
Yesterday's BBC documentary on the existence of parallel Universes would suggest that Charlton supporters in at least one such parallel Universe are enjoying unprecedented success under a new beneficial ownership so................err.............not sure now that this really helps does it?
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Bloody glory hunters....ShootersHillGuru said:
It’ll do for me though. I’m now supporting that Charlton you mugs.Coyotejohn1947 said:
Even more good news.catfordmorry said:Good news. The discovery by NASA of another solar system means there are more potential buyers out there.
Yesterday's BBC documentary on the existence of parallel Universes would suggest that Charlton supporters in at least one such parallel Universe are enjoying unprecedented success under a new beneficial ownership so................err.............not sure now that this really helps does it? 2 -
But we still haven't beaten Millwall.Coyotejohn1947 said:
Even more good news.catfordmorry said:Good news. The discovery by NASA of another solar system means there are more potential buyers out there.
Yesterday's BBC documentary on the existence of parallel Universes would suggest that Charlton supporters in at least one such parallel Universe are enjoying unprecedented success under a new beneficial ownership so................err.............not sure now that this really helps does it?8 -
I still contend he will take zero haircut on debt and demand (at minimum) the £14-20M he paid in the first place for the equity. Which, assuming debt has not grown from the £57.5M as of the last financial statement... is £71.5 to £77.5M. And I think he will get it. Either that, or only part of the club gets sold.
Given what we know about the debt and what reports have been about the purchase price he made, how do others here calculate this sale can happen for £50M or less? Haircut on debt? Haircut on equity? I am interested in how others come up with the calculation.
I just don't see him eating £20-30M in any form. If he sells for some crazy low sum like £35M, I bet he holds onto assets like the Valley or Sparrows, or his company will continue to hold the debt, which the new owners will have to service and he keeps looming over the club in some fashion.
I would be thrilled to get him out at a big loss. I just think it won't happen.
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Who on earth would pay upwards of 70 mill for a L1 club ...... ? If he doesnt budge on that sort of figure and cut his losses we will be stuck with him, stating the bleeding obvious !3
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Wait, isn't £70M actually something like $90M? Makes it sound even worse. Guess I will have to sell a lot more wine if I am going to afford this. Like 100x my production.RedChaser said:
It's ok, it wont be that much, Napa deals in $red10 said:Who on earth would pay upwards of 70 mill for a L1 club ...... ? If he doesnt budge on that sort of figure and cut his losses we will be stuck with him, stating the bleeding obvious !
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Actually, I’m told she was in fact born a womenRedChaser said:
Tuck?KiwiValley said:Bronwyn what works at the Chippie says its off, but i think she might mean the fryer
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For the umpteenth time RD is owed @£55M in total, this includes what he paid for Charlton, plus the debt that has accrued since.NapaAddick said:I still contend he will take zero haircut on debt and demand (at minimum) the £14-20M he paid in the first place for the equity. Which, assuming debt has not grown from the £57.5M as of the last financial statement... is £71.5 to £77.5M. And I think he will get it. Either that, or only part of the club gets sold.
Given what we know about the debt and what reports have been about the purchase price he made, how do others here calculate this sale can happen for £50M or less? Haircut on debt? Haircut on equity? I am interested in how others come up with the calculation.
I just don't see him eating £20-30M in any form. If he sells for some crazy low sum like £35M, I bet he holds onto assets like the Valley or Sparrows, or his company will continue to hold the debt, which the new owners will have to service and he keeps looming over the club in some fashion.
I would be thrilled to get him out at a big loss. I just think it won't happen.
I know I am wasting my time here, as you have been told umpteen times, but as it's nearing Christmas, I thought I'd try one more time.19 -
Possibly but not necessarily.micks1950 said:
But as I understand if an offer had been made but not accepted there would not have been Due Diligence (which the general consensus seems to agree is or has taken place) as that occurs after an acceptable offer has been made (subject to Due Diligence).SoundAsa£ said:
I know Bart and neither have I, but I think quite a lot of us reasoned that that is what happened.......I’ve spoken with a few Addicks of late and the general consensus is that an offer has been made but not accepted (at least thus far), though that doesn’t mean that either party have binned it completely......I reckon it’s at a ‘waiting to see who blinks first stage’ without anyone having actually said “take it or leave it,” or even if they have, that that comment is being taken as gospel by either party.AFKABartram said:
There may be problems, issues and haggling as a result of Due Diligence, including how and when payment(s) might be made, or one or other party may have pulled the plug (or at least be pretending to have done).
But it seems unlikely that it's just a case of an offer being made but not accepted?
There may have been an indicative price before DD (£x).
Post DD the buyer will make an offer (£x-y).
RD then accepts or rejects that offer.
The two parties then play bid tennis until they agree a price or one party walks away.
They may even have agreed the price but not how it is paid IE is it contingent on promotion this season or to the Prem, is it spread over a number of years.
I don't know but my take is that we are, or at least were two weeks ago, at the bid tennis stage. @Redhenry is a good source.1
