Slightly concerning if the new owners don't have 40m to buy him out completely
Been my concern with the Aussie bid all along that they don’t have the money needed to run the club
I will wait and see what the official line is before getting excited
If someone doesn’t have 40 mil to buy us out lock stock and smoking barrels then there is serious implications on them being able to make us compete in this league let alone any other ambitious plans they may think they can achieve
That's the original Aussie bid you're thinking of, before Muir got involved, I think. Pay attention Pike!
I expect they would rather pay the bill later if this is as this it seems a speculative bid to reach the Premier league which will then provide funds for debts to be paid and or sell the club, doesn't fill one with confidence
I was told months and months ago that the Aussie interest was preferred but was not the most financially beneficial choice to the club going forward of the three parties
Player sales % seems to be an ongoing trend in club sales so is not a surprise and if it’s 10% then it’s not that big a deal and I would expect there to be a buyout clause from the new owners on this aspect of the sale
It’s a wait and see moment we all want two shit chalets gone and that moment can’t come soon enough but it’s going to be a more toned down ambition for where and how we regain a footing in the London football scene let alone anything bigger than that over the next couple of seasons especially if we don’t go up this year
the 10% of player sales should only be allowed for the time he was here, anyone in the academy/signed before that saggy bollock rocked up belong to CAFC
Slightly concerning if the new owners don't have 40m to buy him out completely
Been my concern with the Aussie bid all along that they don’t have the money needed to run the club
I will wait and see what the official line is before getting excited
If someone doesn’t have 40 mil to buy us out lock stock and smoking barrels then there is serious implications on them being able to make us compete in this league let alone any other ambitious plans they may think they can achieve
That's the original Aussie bid you're thinking of, before Muir got involved, I think. Pay attention Pike!
Disagree James I am not referring to the AA consortium I was told that this bid had not got the money required to take us back through the leagues
Don’t mistake personal wealth for money available to a project
the 10% of player sales should only be allowed for the time he was here, anyone in the academy/signed before that saggy bollock rocked up belong to CAFC
It's ironic really. Everything Roland touched at Charlton turned into a complete disaster. The only thing he really left alone was the academy, which continued to flourish (well done the U18s!), and now the rancid old scrote wants to use it pay off all his losses, as if somehow he's responsible for all their success!
He should really be after Daisy for that money. She's the one who wasted most of it on lavish five year contracts for useless footballers and huge fees for their agents.
the 10% of player sales should only be allowed for the time he was here, anyone in the academy/signed before that saggy bollock rocked up belong to CAFC
Not player sales, youth player sales.
It is not a question of who developed a player, it is simply a structure to repay any outstanding monies due to Rolly. I would also expect the debt to be secured in some way. All perfectly normal and does not mean they haven’t got the money to spend, just good business.
I was told months and months ago that the Aussie interest was preferred but was not the most financially beneficial choice to the club going forward of the three parties
Player sales % seems to be an ongoing trend in club sales so is not a surprise and if it’s 10% then it’s not that big a deal and I would expect there to be a buyout clause from the new owners on this aspect of the sale
It’s a wait and see moment we all want two shit chalets gone and that moment can’t come soon enough but it’s going to be a more toned down ambition for where and how we regain a footing in the London football scene let alone anything bigger than that over the next couple of seasons especially if we don’t go up this year
So a lot more ambition than RD ever had then.
I never expected a Wolves style takeover with multi million pound signings. Reasonable money on well thought out signings is better than wasting big money on average players. RD spent far more than we had in years and look where that's taken us.
Just be nice to be a stable Championship club for a change, with the chance of getting into the playoffs like what Burnley did, or what we used to do in the past. I know the money is different now then even 3 years ago in that league, but top half Championship is where we need to be as table stakes.
We've all been aware, for some time now, that RD wanted around £40m and that nobody was stupid enough to pay that - but the stubborn idiot is determined to get it. It seems the only way for a buyer to acquire the club is to pay a lump sum up front and then drip feed the rest to him until he gets his £40m. and the Aussies seem willing to accommodate that. That's probably why they are the preferred bid. Now the devil will be in the details of the arrangement to drip feed the balance. I would guess that he will retain certain assets and then lease them back - and that the terms of the lease will mean that the assets transfer when he has got his £40m (or whatever number). Until the details are made available (if ever) then its all speculation. It does, however, mean that the club is rid of RD's influence and his only interest is that of an investor who will 'disappear' at some point. This is probably the only way we will get to see the back of him - all good as long as the asset ownership have terms agreed for their eventual transfer to the new owners.
In some respects it’s better that we continue to produce saleable talent. Sure if the rumour is true Roland snatches a slice but the lions share goes to the club to either quickly pay off the £40 million or for investment where it sees fit.
If anything. Our academy products could be the key to getting rid of the bad smell that Roland is.
I can't pretend to know how it works but I thought, following FIFA's ban on third party ownership, economic rights agreements regarding player transfers were a complete no-no.
If Roland is refusing to exchange until this season is resolved one way or another then potentially the exchange could take place next Monday should the team not be able to turn it around. Would certainly take some of the pain out of the result.
10% of youth player sales isn't a lot, let's be honest.
But I'd rather the full amount was paid off straight away.
In my eyes any deal that leaves RD lurking in the back ground is a bad deal. He needs to be gone completely.
Paying £40m cash for Charlton in its current state is a very bad deal. Roland is legally owed that money. He wants it back and won't take much of a haircut on it and this is what's the cause of all the hold up and aggravation I suspect. How to structure the deal so that Roland gets his money and the new owner's aren't crippled by the debt. Better to pay a sensible amount up front and defer the cost over time. As long as he has no financial interest in the stadium or training ground going forward, I can live with a 10% cut on academy player sales.
Comments
Pay attention Pike!
Player sales % seems to be an ongoing trend in club sales so is not a surprise and if it’s 10% then it’s not that big a deal and I would expect there to be a buyout clause from the new owners on this aspect of the sale
It’s a wait and see moment we all want two shit chalets gone and that moment can’t come soon enough but it’s going to be a more toned down ambition for where and how we regain a footing in the London football scene let alone anything bigger than that over the next couple of seasons especially if we don’t go up this year
Disagree James I am not referring to the AA consortium I was told that this bid had not got the money required to take us back through the leagues
Don’t mistake personal wealth for money available to a project
He should really be after Daisy for that money. She's the one who wasted most of it on lavish five year contracts for useless footballers and huge fees for their agents.
It is not a question of who developed a player, it is simply a structure to repay any outstanding monies due to Rolly. I would also expect the debt to be secured in some way. All perfectly normal and does not mean they haven’t got the money to spend, just good business.
I never expected a Wolves style takeover with multi million pound signings. Reasonable money on well thought out signings is better than wasting big money on average players. RD spent far more than we had in years and look where that's taken us.
MODS, please give @cfgs a promote.
Gotta be next week though hasn't it!?
If anything. Our academy products could be the key to getting rid of the bad smell that Roland is.
"We like to sell with Roland, cos Roland's not our mate! And when he sells the Addicks, he sells it all in EIGHT! SEVEN! SIX! (so on)"
But I'd rather the full amount was paid off straight away.