I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
Not having a go at anyone here but Im not sure it’s fair to keep saying the Aussie bid may have failed, just hours after GM has said it hasn’t. What’s the source of that info? He’s said they’re still in it a few hours ago.
I’m also not sure we should be using the Saudi bid as a yardstick, because we don’t know it’s 100% correct, as again we don’t know the source of the info. The £40 may be totally wrong for all we know.
In fact I would treat any info with extreme caution unless we know the source. There’s lots of unverified stuff flying around from all over the shop, and it’s doing everyone’s heads in. My critics will say I’m being used, but GM isn’t putting out figures or any info at all, other than they haven’t pulled out. It’s the third or fourth time he’s told me that, and they do still appear to be in the game.
If they’ve walked they’ve walked, and pretending they haven’t would be silly.
Any info that other bidders are waiting in the wings holding huge bundles of cash I’d treat with caution. RD is desperate to sell on his own terms, so it’s probable that everything he does is designed to get the Aussies to meet those terms, and it would be in his interests to put as much pressure on them as he can. He can afford to take a hit, but he won’t want to, in order not to lose face. I genuinely think he sees Charlton fans as the enemy to be defeated.
If there is a Brit consortium waiting in the wings (fronted by Murray possibly) hoping to get a bargain if the Aussies deal collapses, then again it would be in their best interests to undermine the Aussies’ bid. So both the leader of the Brit consortium and Duchâtelet have motives for making the Aussies look bad i.e. no money, Aussie nursery, buying the club, leaving Roland with the property titles, Rolf Harris etc etc. So any rumours involving those things I’d say treat with extreme caution. Except for Harris.
By all accounts players are being recruited in the background, possibly financed by the sale of Konsa, the boys are off to Portugal possibly financed by a sold player, so perhaps it isn’t all doom and gloom.
The message from GM yesterday was ‘Don’t believevthe rumours.’ I’m sticking with that. If they pull out we’ll know soon enough.
Of course the delays could be engineered to get the Pediction Thread up to 25 glorious pages ;-)
Just an off-topic question... Is a foreign trip nowadays a necessary part of preseason preparation? Regardless of the club's financial condition?
No, it's a waste of money.
I think you'd have to ask a couple of the players. Do thy want to play a
''Funding was 100% in place on 18th May, so no reason to believe it can't be in place again."
There might be loads of 'reasons'...Two knocked back 'major backers' could be one reason alone.
But as I said, there's no reason to believe funding can't (and actually might already) be in place again. Yes, if they were major backers it could well been why it's taking a few weeks to replace them. Speculation only, I've heard nothing about it. All I'm doing is saying temporary lack of funds doesn't mean they can't find funds, if indeed that is the issue.
The fact that it's dragged on for months suggest otherwise.
Over simplistic. If there was a genuine issue about funding they would have been shown the door ages ago. Duchatelet isn't a complete fool, and there are lawyers and accountants involved at each stage.
You saying that funds were ''100% in place on 18th May, so no reason to believe they can't be in place again" is also over simplistic.
We've already heard of 'reasons' why funds are not not in place, and there could be a load more.
Powerful rich wannabee owners would have rubbed RD out by now...
Not in today's world of conservatively spreading your investment risk. More often than not that's how powerful wannabee owners became rich .
Thought most people agreed that something is only worth what someone is willing to pay for it...So if someone wants the Club bad enough...
The sort of money that's being talked about on here is nothing but chicken feed for some people.
Well that's correct, something is only worth what someone will pay for it...….. at a given point in time. Whether it's chicken feed or not is irrelevant though if the main investors looking to acquire the club, wish to spread their risk. To some people, every pound is a prisoner that's how a lot of them operate and amassed their wealth like it or not.
Incidentally The Douchbag doesn't seem to be treating the debt mountain he has built up as chicken feed does he?
You miss the point...'chicken feed' is relative to the wallet your looking at.
Somebody wants something bad enough they often stump up more than expected...
No I think you're missing the point, they don't go against their general principles 'because they want it bad enough' in my experiences of having dealt with such people for a living. Anyway you stick to your opinion and we'll just have to beg to differ on this one.
I'm fully aware of the types you mention, but you want to ignore the fact that there are other types out there.
People have paid well over the top for things they want.
Many people on here would if they were seriously loaded.
So because Muir for example won't throw his money around and dance to RDs tune by paying for all his cock ups, you're not a happy bunny and the Aussies are not endearing themselves to you.
I've not said that there aren't investors out there who will pay over the odds and Muir given his wealth could do the deal off his own bat if he wanted to (assuming he has the liquid funds available) but would appear to be sticking to the limit of his preferred involvement at this juncture.
I don't know the full details of the financial arrangement for the consortium and neither does anyone else but maybe it's a case of, get the purchase price together from the investors first and foremost and then Muir bankrolls the working capital up to the limit of his intended exposure. And why shouldn't he adopt such an approach? Lets not be too quick to judge without all facts unless you are ITK?
Thanks for increasing the lol count by the way I've reciprocated
Don't care who throws their money around...Simply stated the fact that some do.
Bottom line Muir & Co stump up the cash, or piss off...
Leaving us with Roland, who at least cares for us and has cash.
It appears that Red Henry and NLA are the main men to be in the know. Red Henry highlighted that Aussies failed the fit and proper test, NLA called it with the lack of funds, factor in Red Henry with the Arabs I know what posts are more reliable.
so, if the Aussies failed the fit and proper person test how did it get there if they didn't have the funds? They had the funds then but because of it don't have the funds now.
Those that were backing the consortium had to pull out due to the fact that they had interests at other clubs, this then meant once these two left the funds were no longer there.
This was quite a short comment, but posted in a manner that it's supposed to be taken as fact. So I am going to dissect it into small enough pieces that we can differentiate the facts fro the conjecture and assumption.
(I'm quite aware that this is adding very little to the sum of knowledge on the thread, but it's quietly satisfying to dispell some of the nonsense).
Those that were backing the consortium had to pull out
No. No-one has had to "pull out". The consortium can be reconfigured in a number of ways that allows all members of the consortium to continue to play a part. No individual has been banned from taking part.
Conjecture. Might be true in one case or in more than one case. But not confirmed. And, incidentally, if it were confirmed, wouldn't we expect to hear announcements (confirmatins? denials?) from the clubs concerned?
Conjecture. In fact, worse than conjecture, since it appears to have been denied - perhaps @JamesSeed knows whether this has been publicly or or privately denied, ie that sufficient funding is (still) in place.
In short, we don't know as fact any of these issues, presented as "fact". Interesting comment though.
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
These guys use lawyers so they’d know anyway.
Precisely.
Edit: hang on - they didn't use a lawyer recommended by RD by any chance?
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
These guys use lawyers so they’d know anyway.
Precisely.
So why else would The EFL knock them back, I wonder?
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
These guys use lawyers so they’d know anyway.
Precisely.
So why else would The EFL knock them back, I wonder?
If they were moronic enough to expect it to get through if the dual ownership is the real reason, then we've ducked a bullet.
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
These guys use lawyers so they’d know anyway.
Precisely.
So why else would The EFL knock them back, I wonder?
I find it astounding anyone in the Aussie consortium believed they'd get away with that if true / or didn't realise that rule existed.
That is what I do not get.
If they thought they would get away with it, or didn't have the nouse (or seek advice) as to what the EFL fit and proper tests involved then I'm not sure they are any better than the chuckle brothers.
I believe neither is the case - it might be that the two investors had second thoughts but I cannot believe it was for having a significant interest in another English club.
These guys use lawyers so they’d know anyway.
Precisely.
So why else would The EFL knock them back, I wonder?
If they have been knocked back, here you go, take your pick.
All well and good blaming RD. The facts are the Aussies got into a bidding war and didn't have the funds. Laughable
Is this the 5 minute argument, or the full half hour?
I don't think anyone here is going to fall for that ;-)
They decided to up an offer to outbid the Arabs when they didn’t have finances in place? Secondly going to a match wearing scarfs and sitting in the directors box, Michael Knighton only topped that.
Did they really?
You're trying to get a response on here. It's not worth it. We're over the argument phase. Why are you targetting me for the wind up btw?
What are you on about targeting you ??
Well you keep replying to me or using @jamesseed with hostile comments about the Aussies. It's just a bit obvious.
I haven't posted on here for weeks. Calm down dear.
We can tell.
@JamesSeed with all due respect, if you don't want people to try and wind you up then don't make silly replies.
It appears that Red Henry and NLA are the main men to be in the know. Red Henry highlighted that Aussies failed the fit and proper test, NLA called it with the lack of funds, factor in Red Henry with the Arabs I know what posts are more reliable.
so, if the Aussies failed the fit and proper person test how did it get there if they didn't have the funds? They had the funds then but because of it don't have the funds now.
Those that were backing the consortium had to pull out due to the fact that they had interests at other clubs, this then meant once these two left the funds were no longer there.
This was quite a short comment, but posted in a manner that it's supposed to be taken as fact. So I am going to dissect it into small enough pieces that we can differentiate the facts fro the conjecture and assumption.
(I'm quite aware that this is adding very little to the sum of knowledge on the thread, but it's quietly satisfying to dispell some of the nonsense).
Those that were backing the consortium had to pull out
No. No-one has had to "pull out". The consortium can be reconfigured in a number of ways that allows all members of the consortium to continue to play a part. No individual has been banned from taking part.
Conjecture. Might be true in one case or in more than one case. But not confirmed. And, incidentally, if it were confirmed, wouldn't we expect to hear announcements (confirmatins? denials?) from the clubs concerned?
Conjecture. In fact, worse than conjecture, since it appears to have been denied - perhaps @JamesSeed knows whether this has been publicly or or privately denied, ie that sufficient funding is (still) in place.
In short, we don't know as fact any of these issues, presented as "fact". Interesting comment though.
Comments
Duchatelet's useless but not exclusively...
The willies are out again.
Mind you, some are so small they're more like button mushrooms.
FFS.
WIOTOS!!!!!!!!!! (I still won't fecking believe it).
WIOTOS
(I'm quite aware that this is adding very little to the sum of knowledge on the thread, but it's quietly satisfying to dispell some of the nonsense). No. No-one has had to "pull out". The consortium can be reconfigured in a number of ways that allows all members of the consortium to continue to play a part. No individual has been banned from taking part.
Conjecture. Might be true in one case or in more than one case. But not confirmed. And, incidentally, if it were confirmed, wouldn't we expect to hear announcements (confirmatins? denials?) from the clubs concerned? Conjecture. There is no official indication that any member of the consortium is no longer included, retained or still in consulation. Conjecture. In fact, worse than conjecture, since it appears to have been denied - perhaps @JamesSeed knows whether this has been publicly or or privately denied, ie that sufficient funding is (still) in place.
In short, we don't know as fact any of these issues, presented as "fact". Interesting comment though.
Edit: hang on - they didn't use a lawyer recommended by RD by any chance?
https://www.efl.com/-more/governance/efl-rules--regulations/appendix-3---owners-and-directors-test/
Colin’s new home is the Charlton Facebook group.
Colin he ain't.