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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Is Mary Berry heading up the secret British buyers ??

    In which case we can have our cake and eat it!

  • Cafc43v3r said:

    I think there is an important question that needs answering. The process is leaking like the cabinet office, lots noise on all sides but no detail.

    Now I believe that the vast majority of people that communicate the leaks on here do so in good faith and are passing on what they have been told and believe to be true. I also don't think they are passing on "work place gossip" as anyone that knows anything will know it will be repeated on social media. So every leak serves a purpose. I also appears there are 3 sides leaking.

    The aussies are leaking that it's still on, be patient etc. I take that at face value and they are still in the process, the joint statement backs that up.

    Someone is leaking that the aussies don't have the money, big question is who and why?
    It can't be the "ownership" as it makes them look idiots for joint statements, agreements on LB caretaking etc.

    Someone else is leaking that RD, who knows about as much about football administration and English football as my cat, woke up in a bad mood, picked up the phone and sold konsa in paddy? On top of that the whole thing was conducted with out the aussies knowledge and did not leak?

    It was also leaked that the deal was off earlier this week. Now why would that be leaked if it wasn't true?

    The aussies could leak that it was off and that RD is an idiot, to stir unrest amongst the fans and increase pressure on RD to sell quickly? Unlikely?

    It really does point to a third party, who has the tools to ensure it enters the public demain. As neither the buyer or the seller look good in this. There is an obvious candidate it's the motivation that I don't understand.

    I think Roland said the to the ROT guys that the Aussies didn't have the money. This could be a tactic to make them put up or shut up because the Aussies aren't going to want to look stupid, and it would be incredibly stupid to chase the purchase of a football club for over a year and not be able to come up with the money at the end of it.

    I think there are two possibilities here - either they DO have the money, but like any decent businessmen, they are trying to get themselves the best deal possible. Or they DID have the money but the recent EFL issue means one or two of their investors have been ruled out for breach of regulations.

    I certainly do not believe that they've never had the money all along as some people have constantly suggested.
  • Fewer than 5,000 is all I was told. Could be a lot fewer.

  • The statement was not meant for the fans. We're just collateral damage. It was drawn up by the lawyers simply to reassure the football industry at large that CAFC is open for business as "normal", and this takeover malarkey is just some little local difficulty, soon to be resolved. Meanwhile the whole weary process continues at glacier speed, to the profound detriment of the club, the rage and frustration of the fans, and the customary enrichment of the briefs. IMHO.

    It was initially drawn up by a couple of the Aussie consortium, but I expect it was checked and/or modified by the Roland side, but then agreed by all parties (and their lawyers) before release.
  • Details of the recent negotiations have it would appear have been leaked

    https://youtu.be/6u8AgUXPpLM
  • Bet Rocunt's still on board come beginning of the season - didn't take this long to sell my flat
  • Cafc43v3r said:

    I think there is an important question that needs answering. The process is leaking like the cabinet office, lots noise on all sides but no detail.

    Now I believe that the vast majority of people that communicate the leaks on here do so in good faith and are passing on what they have been told and believe to be true. I also don't think they are passing on "work place gossip" as anyone that knows anything will know it will be repeated on social media. So every leak serves a purpose. I also appears there are 3 sides leaking.

    The aussies are leaking that it's still on, be patient etc. I take that at face value and they are still in the process, the joint statement backs that up.

    Someone is leaking that the aussies don't have the money, big question is who and why?
    It can't be the "ownership" as it makes them look idiots for joint statements, agreements on LB caretaking etc.

    Someone else is leaking that RD, who knows about as much about football administration and English football as my cat, woke up in a bad mood, picked up the phone and sold konsa in paddy? On top of that the whole thing was conducted with out the aussies knowledge and did not leak?

    It was also leaked that the deal was off earlier this week. Now why would that be leaked if it wasn't true?

    The aussies could leak that it was off and that RD is an idiot, to stir unrest amongst the fans and increase pressure on RD to sell quickly? Unlikely?

    It really does point to a third party, who has the tools to ensure it enters the public demain. As neither the buyer or the seller look good in this. There is an obvious candidate it's the motivation that I don't understand.

    I think Roland said the to the ROT guys that the Aussies didn't have the money. This could be a tactic to make them put up or shut up because the Aussies aren't going to want to look stupid, and it would be incredibly stupid to chase the purchase of a football club for over a year and not be able to come up with the money at the end of it.

    I think there are two possibilities here - either they DO have the money, but like any decent businessmen, they are trying to get themselves the best deal possible. Or they DID have the money but the recent EFL issue means one or two of their investors have been ruled out for breach of regulations.

    I certainly do not believe that they've never had the money all along as some people have constantly suggested.
    I don't remember RD telling ROT that the Aussies didn't have enough money - but I could be wrong. I do remember, when he was asked if the buyers were the Aussies, that he said there was another interested buyer. But at the time I got the distinct impression he had made it up to get us to stop talking about the Aussies. It was only a gut feeling, but I don't believe there is anyone else at the table. He also talked as though he expected it to go through (if it doesn't go through in the next week or two I'll have to get some people in). He wouldn't say that unless he was talking about a takeover that was very close. It's all 'who blinks first' stuff IMHO
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  • Bet Rocunt's still on board come beginning of the season - didn't take this long to sell my flat

    How long did it take to sell your shop?
  • The statement means it's not dead (as was the claim yesterday) but also that it's probably not imminent, either?
  • _MrDick said:

    Can I make a suggestion ... that everyone chills out, enjoys the World Cup, enjoys the sun, go on holiday and celebrate WIOTOS. There’s absolutely nothing we can do to get this pushed over the line any quicker

    then how will we get to 1000 pages? that's all the excitement we have these days...
  • How does Muir raise the extra cash required?

    Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.

    OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?
  • How does Muir raise the extra cash required?

    Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.

    OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?

    if roland's asking for £50mil and you chuck in 5 mil, you've still got to put up £100,000 a month to keep the club running, for a 10% stake. Not exactly a free lunch.
  • How does Muir raise the extra cash required?

    Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.

    OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?

    the clue is in the word investors. Invest 5m now and get x million back when we reach the promised land. As in all investments the value can go down as well as up but that is the chance you take.

  • How does Muir raise the extra cash required?

    Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.

    OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?

    if roland's asking for £50mil and you chuck in 5 mil, you've still got to put up £100,000 a month to keep the club running, for a 10% stake. Not exactly a free lunch.
    No such thing as a free lunch, unless it involves vol au vants
  • How does Muir raise the extra cash required?

    Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.

    OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?

    the clue is in the word investors. Invest 5m now and get x million back when we reach the promised land. As in all investments the value can go down as well as up but that is the chance you take.

    Which is why the Aussies might be finding it tough to get investors. 'Gambling' £5m (say) on a loss making business where you only get a serious return if it makes it to the PL is not a sensible investment in my book. UK football finances are bonkers.
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  • Details of the recent negotiations have it would appear have been leaked

    https://youtu.be/6u8AgUXPpLM

    Absolutely brilliant. Well it made me laugh!
  • Cafc43v3r said:

    I think there is an important question that needs answering. The process is leaking like the cabinet office, lots noise on all sides but no detail.

    Now I believe that the vast majority of people that communicate the leaks on here do so in good faith and are passing on what they have been told and believe to be true. I also don't think they are passing on "work place gossip" as anyone that knows anything will know it will be repeated on social media. So every leak serves a purpose. I also appears there are 3 sides leaking.

    The aussies are leaking that it's still on, be patient etc. I take that at face value and they are still in the process, the joint statement backs that up.

    Someone is leaking that the aussies don't have the money, big question is who and why?
    It can't be the "ownership" as it makes them look idiots for joint statements, agreements on LB caretaking etc.

    Someone else is leaking that RD, who knows about as much about football administration and English football as my cat, woke up in a bad mood, picked up the phone and sold konsa in paddy? On top of that the whole thing was conducted with out the aussies knowledge and did not leak?

    It was also leaked that the deal was off earlier this week. Now why would that be leaked if it wasn't true?

    The aussies could leak that it was off and that RD is an idiot, to stir unrest amongst the fans and increase pressure on RD to sell quickly? Unlikely?

    It really does point to a third party, who has the tools to ensure it enters the public demain. As neither the buyer or the seller look good in this. There is an obvious candidate it's the motivation that I don't understand.

    I think Roland said the to the ROT guys that the Aussies didn't have the money. This could be a tactic to make them put up or shut up because the Aussies aren't going to want to look stupid, and it would be incredibly stupid to chase the purchase of a football club for over a year and not be able to come up with the money at the end of it.

    I think there are two possibilities here - either they DO have the money, but like any decent businessmen, they are trying to get themselves the best deal possible. Or they DID have the money but the recent EFL issue means one or two of their investors have been ruled out for breach of regulations.

    I certainly do not believe that they've never had the money all along as some people have constantly suggested.
    I don't remember RD telling ROT that the Aussies didn't have enough money - but I could be wrong. I do remember, when he was asked if the buyers were the Aussies, that he said there was another interested buyer. But at the time I got the distinct impression he had made it up to get us to stop talking about the Aussies. It was only a gut feeling, but I don't believe there is anyone else at the table. He also talked as though he expected it to go through (if it doesn't go through in the next week or two I'll have to get some people in). He wouldn't say that unless he was talking about a takeover that was very close. It's all 'who blinks first' stuff IMHO
    He did mention the problem of funding huh:

    ROT 1 So what is the situation now?

    RD Since about the beginning of the season, there are takeover talks huh

    ROT 2 We know that much

    RD And they are advancing but well, when exactly they will be close is always a big question mark, you know and it really depends on the questions today with these things as lawyers and stuff and supporters are er sometimes it’s complicated

    ROT 2 It’s not just waiting for the English football league then, or

    RD Err I don’t think that will be a problem huh, so there were

    ROT 1 Is it…..

    RD Also the problem of the funding huh, of course huh

    ROT 1 Is it the Australian consortium?

    RD Well, there are still two, two parties interested huh

    ROT 2 Right, that’s interesting

    RD Yeah

    ROT 2 Yeah

    RD But we will see huh

    ROT 2 You have a preferred party I guess?

    RD I think those are parties which I think both can are suitable huh, because you, er in fact the thing is that it’s er, like er, people who really have the money to, to, to buy er not just to buy but certainly to fund it..

    ROT 1 To fund it of course

  • The only Marx that made any sense !
  • I think it's fair to say we are not going up in 2019 but just hope we find the right investors as the long term future of the club is always a threat under Roland so 1 more season won't be the end of the world
  • Mentioning what?
  • Chizz said:

    It's going to reach 1,000 pages. Isn't it?

    It may well not.

    Just to add an additional band of excitement to this, but we can't find any other site that uses the same platform software carrying a thread beyond 3 digit pages. So your guess is as good as ours.

    Should CL spontaneously combust. It was nice knowing you all :-)
    Booooooooo
  • Chizz said:

    It's going to reach 1,000 pages. Isn't it?

    It may well not.

    Just to add an additional band of excitement to this, but we can't find any other site that uses the same platform software carrying a thread beyond 3 digit pages. So your guess is as good as ours.

    Should CL spontaneously combust. It was nice knowing you all :-)
    It's like the 'millennium bug' all over again
This discussion has been closed.

Roland Out Forever!