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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Is anyone else getting half season ticket adverts from another club on this thread?

    The slogan is 'Join the Pride' and I'm far too scared to click it for fear it's Millwall.
  • That’s very true. However a millions of pounds deal will have other priorities. Ideally done to allow work to start but I doubt things will be rushed on that basis. As a wise man once said. WIOTOS

    Personally if I knew we were being taken over by an ambitious new owner with the clubs best interests at heart I could handle another season in League 1 (just the one mind!)
  • Whooosh

    I already know where you live. I'l be round at 7.00pm
  • Wise man? I know Henry keeps banging on, but who else said it???
    Somebody call :wink:
  • Shall be do some more Maths whilst we all F5 constantly?
  • RedChaser said:

    Somebody call :wink:
    Wait what, this isn’t the message we’re waiting for @Redhenry
  • I have been through my calculations several times but I keep getting the answer “ Morrisey”
    Where am I going wrong?
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  • 3blokes said:

    I have been through my calculations several times but I keep getting the answer “ Morrisey”
    Where am I going wrong?

    Remember BODMAS
  • We wish you a Merry Bodmas and a happy new year.
  • Add the £18m to buy the club, the £55m debt, the £12m spent on the training ground and the £20m spent on players to find out how much Roland has spent on Charlton. Then add £7m of debt to the previous directors and you have what must be the asking price.

    No calculators and show your working.
    You forgot the interest charged on all of that
  • Remember BODMAS
    Oh yes, he was great :wink:

  • Add the £18m to buy the club, the £55m debt, the £12m spent on the training ground and the £20m spent on players to find out how much Roland has spent on Charlton. Then add £7m of debt to the previous directors and you have what must be the asking price.

    No calculators and show your working.

    Let me do the English lesson first - typical of me to end up with a number of after work lessons - and then I will get cracking on your sums. :-)


  • sm said:

    If RD paid no cash when acquiring the club and just took over £18.6m of debt - then the value of the club back in Jan 14 was £18.6m - I very much doubt there were some hidden assets at the time of which neither Slater or RD were aware. The value of the club will have fallen considerably since then by any sensible measure - my guess is that any sensible investor would start their bid somewhere in the region of £10m. This would leave RD c£45m of debt to write off - but if he carries on any longer the figure will get even larger. Even he must realise that his present management team are only capable of destroying value.
    The price accepted by the previous shareholders was not the value of the club on any financial valuation, it was a distressed sale of £18.6m debt at zero premium. RD, as explained by @Grapevine49, had the strategy of becoming the banker for the club, often confused by KM and others as being an investor in the club. His mindset is the sale of his banking business where he still owns the banks assets.
  • Is anyone else getting half season ticket adverts from another club on this thread?

    The slogan is 'Join the Pride' and I'm far too scared to click it for fear it's Millwall.

    All I'm getting is Bancock ladyboys. Com.
  • It's happening - Christmas, in a week.
  • Add the £18m to buy the club, the £55m debt, the £12m spent on the training ground and the £20m spent on players to find out how much Roland has spent on Charlton. Then add £7m of debt to the previous directors and you have what must be the asking price.

    No calculators and show your working.
    Deduct the Lookman 11m
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  • edited December 2017
    Good god just announced Barnsley have been bought by a Chinese billionaire!! FFS what about us????


    From BBC website-:

    Barnsley: Consortium completes takeover of Championship club

    A consortium led by Chinese businessman Chien Lee has completed a takeover of Championship club Barnsley.
  • edited December 2017
    Lucky flipping muckers.

    Fed up. Could do with some cheery news.

  • The American guy from Moneyball is involved as well apparently. Some serious money there if that’s the case.
  • Good god just announced Barnsley have been bought by a Chinese billionaire!! FFS what about us????


    From BBC website-:

    Barnsley: Consortium completes takeover of Championship club

    A consortium led by Chinese businessman Chien Lee has completed a takeover of Championship club Barnsley.

    :image
  • edited December 2017
    Just logged during lunch to find just 5 new messages. Come on just f@£(×$g sell the club!!!!!!!
  • The American guy from Moneyball is involved as well apparently. Some serious money there if that’s the case.

    Not necessarily good news from a Barnsley perspective, after all, Roland’s trying to do the moneyball thing with charlton (and executing it very poorly).
  • didn't even know there was a takeover in the offing, did they do proper DD?

    Their previous owner, Patrick Cryne, announced in September that he has terminal cancer and is unlikely to survive the duration of the season, so I would guess that's the catalyst.
This discussion has been closed.

Roland Out Forever!