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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Stu_of_Kunming
    Stu_of_Kunming Posts: 17,117
    dickplumb said:

    Callumcafc said:

    Not sure I'm ready to believe something a Leeds fan with no proven track record or source has posted on what I thought was a dead forum.

    That said, not sure why he'd have any motivation to make it up.

    Not606 is far from a dead forum. Just look at the numbers that post on there from all Clubs. I find your comments ignorant and Ill informed. You don't know who the Leeds fan is,or his contact.

    Did you not read the 2nd paragraph?
  • Leeds_Addick
    Leeds_Addick Posts: 4,699
    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
  • Airman Brown
    Airman Brown Posts: 15,734
    edited January 2018
    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
  • cafcwill
    cafcwill Posts: 1,286
    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Would this be 'Rolands Mate' at all, which could suggest that this person is already connected to the club in some fashion already?
  • alangee
    alangee Posts: 398
    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Uncle Dickie interfering again?
  • Henry Irving
    Henry Irving Posts: 85,221
    edited January 2018
    Airman Brown said:

    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
    @Airman Brown

    As I understand it the first potential buyer (believed to be Andrew Muir) had completed DD some weeks ago.

    Are you suggesting that another, different, buyer has also done DD?

    Is it one or is it more than one party who has completed DD?
  • Leeds_Addick
    Leeds_Addick Posts: 4,699
    Does the one that has done DD have to wait for other interested parties to go through it as well?

    I would have thought not but I’d like to know what’s taking them so long as they seemingly completed DD weeks ago. If it’s price then I’m surprised they haven’t yet walked away.
  • flyingkiwiDK
    flyingkiwiDK Posts: 5,722
    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    In your opinion is the party with money also likely to be the most beneficial for the long term future of cafc? I'm asking because the two things don't always go hand in hand.
  • flyingkiwiDK
    flyingkiwiDK Posts: 5,722
    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?
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  • Airman Brown
    Airman Brown Posts: 15,734
    Henry Irving said:

    Airman Brown said:

    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
    @Airman Brown

    As I understand it the first potential buyer (believed to be Andrew Muir) had completed DD some weeks ago.

    Are you suggesting that another, different, buyer has also done DD?

    Is it one or is it more than one party who has completed DD?
    Not to my knowledge.
  • Airman Brown
    Airman Brown Posts: 15,734
    flyingkiwiDK said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    In your opinion is the party with money also likely to be the most beneficial for the long term future of cafc? I'm asking because the two things don't always go hand in hand.
    Just don't know.
  • redsek
    redsek Posts: 656
    Speaking as an ordinary fan who is most definitely not in the know, my fear is a rag tag patch work group led by the tainted RM taking control. Not sure I could celebrate RD's departure with any enthusiasm if that was the case. The group that has substantial financial backing would be dreamland - but this is Charlton and I am therefore expecting to be underwhelmed if not downright disappointed.
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Perhaps to see how things are shaping up on a rudderless ship and to put a few chains of command / lines of communication in place.

    I can’t see Roland relinquishing control until all potential buyers are in a place to bid. If as Airman says there are “at least three” then we could be in for a wait until all parties have completed DD.

  • Dazzler21
    Dazzler21 Posts: 51,344
    redsek said:

    Speaking as an ordinary fan who is most definitely not in the know, my fear is a rag tag patch work group led by the tainted RM taking control. Not sure I could celebrate RD's departure with any enthusiasm if that was the case. The group that has substantial financial backing would be dreamland - but this is Charlton and I am therefore expecting to be underwhelmed if not downright disappointed.

    Surely all trends have to be bucked at some time?
  • The Red Robin
    The Red Robin Posts: 26,126
    Airman Brown said:

    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
    Why has the other party not completed DD?
  • flyingkiwiDK
    flyingkiwiDK Posts: 5,722
    The Red Robin said:

    Airman Brown said:

    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
    Why has the other party not completed DD?
    I guess it's because they were late to the table relatively speaking.
  • soapy_jones
    soapy_jones Posts: 21,350
    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Right! You hold him down and I'll give his wrinkly old ball bag a good kick...
  • Dazzler21
    Dazzler21 Posts: 51,344
    The Red Robin said:

    Airman Brown said:

    Leeds_Addick said:

    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Any update on time scale?
    One has done DD, one definitely hasn't. Presumably the one that has is in a better position to move forward quickly.
    Why has the other party not completed DD?
    Cos they're dueing their dilligence right now?
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  • DessieValley
    DessieValley Posts: 340
    No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.
  • Henry Irving
    Henry Irving Posts: 85,221
    edited January 2018
    Airman Brown said:

    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Roland seems to be on a rare visit to England #cafc https://t.co/PqwhBRoYtf

    — Rick Everitt (@airmanbrown) January 5, 2018



  • Dazzler21
    Dazzler21 Posts: 51,344
    DessieValley said:

    No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.

    Good chance that they've not made such an acceptable offer... I'd rather they'd all do it and we end up with the best (not necessarily richest) for the club.
  • Mrkinski
    Mrkinski Posts: 957
    Henry Irving said:

    Airman Brown said:

    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Roland seems to be on a rare visit to England #cafc https://t.co/PqwhBRoYtf

    — Rick Everitt (@airmanbrown) January 5, 2018
    Wonder if he come to the game tomorrow?



    Hope not. He will see us all dancing post match and want to keep the cloob.
  • T_C_E
    T_C_E Posts: 16,418
    Henry Irving said:

    Airman Brown said:

    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Roland seems to be on a rare visit to England #cafc https://t.co/PqwhBRoYtf

    — Rick Everitt (@airmanbrown) January 5, 2018
    Wonder if he come to the game tomorrow?



    And perhaps he'll do one of those tearful farewells on the pitch? I'll have a pint of what Henry's drinking ;)
  • HarryLime
    HarryLime Posts: 1,295
    flyingkiwiDK said:

    Apologies if someone has already posted but apparently RD is in town. Perhaps he is over to sign on the dotted line?

    Nah, He's come over for the match tomorrow, a few pints in the Swan beforehand and then off for a bit of Dinner/Dance in Town after.
  • Stu_of_Kunming
    Stu_of_Kunming Posts: 17,117
    Dazzler21 said:

    DessieValley said:

    No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.

    Good chance that they've not made such an acceptable offer... I'd rather they'd all do it and we end up with the best (not necessarily richest) for the club.
    RD will sell to whoever offers him the best deal, he won't give a s*** about CAFC, or it's future.
  • sammy391
    sammy391 Posts: 3,782
    Airman Brown said:

    I am now confident that there are definitely (at least) three interested parties, one of which is substantial financially. I've not seen any evidence of Salem Patel or Peter Varney's involvement, which of course proves nothing.

    I would just be a bit cautious about negative noises circulating publicly about any of the three, because one party in particular is in a position to rubbish the others through existing channels of communication - whether that would be done for selfish reasons is hard to say.

    Are the party who have substantial finances attractive to Roland/attractive bid? Is it likely they will takeover over the other parties
  • Dazzler21
    Dazzler21 Posts: 51,344
    edited January 2018
    Stu_of_Kunming said:

    Dazzler21 said:

    DessieValley said:

    No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.

    Good chance that they've not made such an acceptable offer... I'd rather they'd all do it and we end up with the best (not necessarily richest) for the club.
    RD will sell to whoever offers him the best deal, he won't give a s*** about CAFC, or it's future.
    My meaning was that hopefully we end up with the ones that are best for the club in spite of Roland.

    If all 3 complete due diligence it could create a bidding war. The most interested usually wins auctions unless they're priced out. Why would someone who is not that interested buy the club at an inflated price... I just can't see it.

    Party 1 - Quick to the table and has hung around - a degree of actual interest is assumed.
    Party 2 - Not as quick as Muir
    Party 3 - Very late to the table

    Worse case scenario RD f***s the negotiations and we lose out on all 3.

    (Personally I think Party 1 have met KR and he has assurances on staying "If you're thinking of buying the club, do it now... you'll be an instant hero" only those that have completed DD would be in that position, surely?)
  • cafcwill
    cafcwill Posts: 1,286
    edited January 2018
    Dazzler21 said:

    Stu_of_Kunming said:

    Dazzler21 said:

    DessieValley said:

    No need for the other parties to complete DD if the first party makes RD an offer that he finds acceptable. Unless the parties who have entered but not completed DD agree a clause that the club will not be sold until a certain date (don't know if this is possible). But it's in RD's interest to get a 3 bidding against each other.

    Good chance that they've not made such an acceptable offer... I'd rather they'd all do it and we end up with the best (not necessarily richest) for the club.
    RD will sell to whoever offers him the best deal, he won't give a s*** about CAFC, or it's future.
    My meaning was that hopefully we end up with the ones that are best for the club in spite of Roland as all 3 completing due diligence will adjust the offers based on how much each party wants the club.

    Party 1 - Quick to the table and has hung around - a degree of actual interest is assumed.
    Party 2 - Not as quick as Muir
    Party 3 - Very late to the table

    My Guesses

    Party 1
    The Aussies we have known about for ages - with Andrew Muir
    Have completed their DD but issues have occurred with either the final price and or the finances to pay RD
    Also Roland might have doubts about his future fees (those Dance classes don;t pay for themselves)
    are so close to buying the club that have spoken to KR (hence his comments yesterday about 4 players waiting to come through the door)

    Party 2
    The Exciting Party who substantial financially and who @Redhenry alluded to
    Probably about 3/4 way through DD (probably gone through quicker than the Aussies as most of the problems the Aussies DD brought up would have been sorted (planned to be sorted) by the club.
    The one Roland ACTUALLY wants to sell to as they have money that he can try and get out of them

    Party 3
    Roland's Mate
    Possibly Murray, possibly someone Roland has worked with before
    This party i don;t think have any real possibility of getting the club, unless the others back out, and are being used as a way to Drive up the price, or speed up the proceedings


    However @Airman Brown did say there were at least 3 parties. This means that there could be other Parties involved that we know nothing about

    26 days to go till the end of Jan
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