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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • carly burn
    carly burn Posts: 19,458
    edited January 2018
    J BLOCK said:

    Anyone shed any light on who is part of this Aussie bid - we know Muir is in their, but do we have a group of businessmen or just him?

    I know originally they were looking for a fair few investors and the lower level for a seat at the table was £5 million. I got the impression there were bigger fish involved.

    Getting a large consortium of people to agree on each decision and move the club makes would always be a worry for me.
  • WestCountryAddick
    WestCountryAddick Posts: 2,545
    SuedeAdidas said:

    Sillybilly said:

    flyingkiwiDK said:

    Lower West today. Pretty sure the potential new owners have just walked into the pitch with Bob Bolder. Have photos and will post later.

    flyingkiwiDK said:

    Lower West today. Pretty sure the potential new owners have just walked into the pitch with Bob Bolder. Have photos and will post later.

    Sorry to burst your bubble mate. Those were members of Dartford Golf Club celebrating a 70th birthday of a long time sponsor. Friends of mine.
    Hope they got more than 14 chips with dinner.
    18. one for each hole...
  • Ultimatum
    Ultimatum Posts: 317
    I just hope they can iron out any issues quickly!
  • The Red Robin
    The Red Robin Posts: 26,126
    Ultimatum said:

    I just hope they can iron out any issues quickly!

    You can't have it driving a wedge between the club and supporters.
  • Hex
    Hex Posts: 1,888
    SE7toSG3 said:

    If the familiar face is Richard Murray that would explain am awful lot of the scorn poured on DD, cash flow and integrity of rival bidders.

    Hole in one!
  • CL_Phantom
    CL_Phantom Posts: 5,513
    A new batch of puns on the takeover thread... excellent....

    Anyway here's hoping this all gets finalised sharpish, be about time we got the rub of green!
  • Uboat
    Uboat Posts: 12,195
    It's looking more and more likely that this season is a write off, unless the takeover goes through in the next few days and we splash the cash this month.
    Assuming that doesn't happen we'll all just have to sit tight and hope that the right bidders eventually win through. If that turns out to be the dream scenario of Peter Varney returning at the head of of a super rich consortium then the wait will have been worth it.
  • Redrobo
    Redrobo Posts: 11,330
    Not out of the woods yet.
  • ForeverAddickted
    ForeverAddickted Posts: 94,303
    Chef_addick said:

    Cue pages and pages of golf puns.............

    We aint the Eagles than you very much!!!!
  • vff
    vff Posts: 6,881
    This will drive me crazy !
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  • NapaAddick
    NapaAddick Posts: 4,657
    If we get Godden, it would putt a smile on my face.
  • Gravesend_Addick
    Gravesend_Addick Posts: 7,299
    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    That sounds like a feasible scenario
  • DRAddick
    DRAddick Posts: 3,588
    Trouble is the more the interested parties look into the club the more problems they find that might putt them off.
  • Northstandpieeater
    Northstandpieeater Posts: 730
    Sorry if this has already been suggested but is it possible KM has joined Sheffield Wednesday ahead of RD purchasing them. Obviously he would have to sell us first.
  • cafcwill
    cafcwill Posts: 1,286
    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

  • Anna_Kissed
    Anna_Kissed Posts: 3,302
    Will the Wendies debunk 'er cheery introduction?
  • Swisdom
    Swisdom Posts: 14,977
    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    I’ve wondered this. If DD was carried out by Mischon (so) they it’s safe to assume it’s been thorough and has uncovered anything it needs to. You’d think it would be possible to use the same info but I suspect there’s something in law that prohibits it.

  • Henry Irving
    Henry Irving Posts: 85,219
    Swisdom said:

    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    I’ve wondered this. If DD was carried out by Mischon (so) they it’s safe to assume it’s been thorough and has uncovered anything it needs to. You’d think it would be possible to use the same info but I suspect there’s something in law that prohibits it.

    Mischon work for Roland not the buyers as I understand it.
  • iamdan
    iamdan Posts: 2,421
    edited January 2018
    .
  • SotonAddick
    SotonAddick Posts: 162
    Something about a bunker.

    Am I doing this right?
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  • Nug
    Nug Posts: 4,623
    They just need to choose the right club
  • golfaddick
    golfaddick Posts: 33,623
    just fuck off with the puns. Childish & puerile.
  • Nug
    Nug Posts: 4,623
    edited January 2018
    golfaddick said:

    just fuck off with the puns. Childish & puerile.

    image


    image
  • Callumcafc
    Callumcafc Posts: 63,763
    I can't take any more of this.

    If anyone could let me know when it's done and dusted, I'll be in my bunker.
  • Callumcafc
    Callumcafc Posts: 63,763
    golfaddick said:

    just fuck off with the puns. Childish & puerile.

    Good call. Don't get sucked down the rabbit hole...

    image
  • LuckyReds
    LuckyReds Posts: 5,866
    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    What I like about this scenario is that it would mean Roland is prepared to hear the "familiar faces" out, and not just run off with the cash from the first person to offer it.

    I'll be honest, I have very low expectations for how Roland is going to conduct this process.
  • LuckyReds
    LuckyReds Posts: 5,866
    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    I wondered similar. Admittedly I have no idea how this stuff works, but I would imagine:

    1. The bidders are essentially in competition with eachother; so would the Aussies feel comfortable providing their intelligence and analyses?

    1 (a). If the Aussies decided to get the hell out, presumably they could recoup some of the costs they incurred by providing their DD info.

    2. The level of trust involved is going to be high: if you're potentially staking an 8 figure value for the club, you're going to want visibility on everything and knowledge that the data is as accurate and comprehensive as possible. Would you trust the data second hand?

    3. Although the DD aims to cover the entirety of the business, leaving no stone left unturned, presumably certain parties would pay more attention to areas that they see as core to their vision/plan. i.e The Aussies may be purely interesting in the commercial potential and the footballing staff, whilst the English may want more visibility on the property and land. (Which may fit in with other rumours?)
  • Hex
    Hex Posts: 1,888
    Henry Irving said:

    Swisdom said:

    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    cafcwill said:

    Swisdom said:

    All I heard was DD is complete with the aussies and they are ready to go. One other concrete bid but DD not taken place yet. Familiar face(s)

    In theory could the 2nd party buy the Aussies DD? Or could that only happen if the Aussies had pulled out if the deal altogether?

    I’ve wondered this. If DD was carried out by Mischon (so) they it’s safe to assume it’s been thorough and has uncovered anything it needs to. You’d think it would be possible to use the same info but I suspect there’s something in law that prohibits it.

    Mischon work for Roland not the buyers as I understand it.
    I know lawyers (and accountants) can do any job ;-) but wouldn't DDs be primarily an accountancy area ?
  • Dannoo_86
    Dannoo_86 Posts: 727
    £50 million he wanted?? Hahaha what a deluded twat.
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