I'm sticking my neck out a bit here but I don't think it will be completed today.
Agreed, but in theory it could be agreed and announced today (unlikely, but not impossible). If RD agree an amount (or to pay off 100%) with the former directors, then it could be announced immediately I presume.
I'm sticking my neck out a bit here but I don't think it will be completed today.
Agreed, but in theory it could be agreed and announced today (unlikely, but not impossible). If RD agree an amount (or to pay off 100%) with the former directors, then it could be announced immediately I presume.
except the 'new' investor found would still need to pass the EFL fit and proper person test
Think RD will now sell assets and cut as many costs as possible to try to achieve that £7 million.
Player sales with little expenditure and cut off the supply of bacon to the staff and only 13 chips per customer.
Think we might now be firmly in the shizer.
Time to get the lawnmower out SHG
Jesus, why don't both sides say sod it, split it in half. What's £3.5 million each? Particularly if RD was possibly going to offer some sort of reduced amount like that anyway.
Some are still talking of an ongoing fire sale?? Konsa was always going to move on, as was Kashi. Lennon also as his career was going nowhere at Charlton. Hardly a fire sale and who’s to say RD has trousered the monies rather than into the CAFC “bank account”. Too much wetting of pants on here
Think RD will now sell assets and cut as many costs as possible to try to achieve that £7 million.
Player sales with little expenditure and cut off the supply of bacon to the staff and only 13 chips per customer.
Think we might now be firmly in the shizer.
Time to get the lawnmower out SHG
Jesus, why don't both sides say sod it, split it in half. What's £3.5 million each? Particularly if RD was possibly going to offer some sort of reduced amount like that anyway.
If the sale goes through somewhere between £30m - £40m, £3.5m represents approx 10% of the deal, your suggestions is never going to happen.
Some are still talking of an ongoing fire sale?? Konsa was always going to move on, as was Kashi. Lennon also as his career was going nowhere at Charlton. Hardly a fire sale and who’s to say RD has trousered the monies rather than into the CAFC “bank account”. Too much wetting of pants on here
Because he has spent the last 2 years taking money out of the club by loading up debt with interest to himself. Why would he suddenly change the habit of a life time.
Some are still talking of an ongoing fire sale?? Konsa was always going to move on, as was Kashi. Lennon also as his career was going nowhere at Charlton. Hardly a fire sale and who’s to say RD has trousered the monies rather than into the CAFC “bank account”. Too much wetting of pants on here
Some are still talking of an ongoing fire sale?? Konsa was always going to move on, as was Kashi. Lennon also as his career was going nowhere at Charlton. Hardly a fire sale and who’s to say RD has trousered the monies rather than into the CAFC “bank account”. Too much wetting of pants on here
Because he has spent the last 2 years taking money out of the club by loading up debt with interest to himself. Why would he suddenly change the habit of a life time.
He's not making money out of it though, as the debt and interest haven't been repaid. There may be a debt figure in the club's accounts, but it's money that will never be repaid in full
New owner, 5 year plan to get to the premiership when you get paid in full....
Discount for time value of money: 90% Discount for possibility it doesn’t work: 50% Increase for the fact you’ve written off the money anyway and are quite hopeful: 70%
Apologies if this has been answered somewhere else - but who is paying for the team trip to Portugal? And, who authorised the signing /negotiating of salary of the Wimbledon lad?
Apologies if this has been answered somewhere else - but who is paying for the team trip to Portugal? And, who authorised the signing /negotiating of salary of the Wimbledon lad?
I guess Harry Lennon paid for the trip to Portugal
Apologies if this has been answered somewhere else - but who is paying for the team trip to Portugal? And, who authorised the signing /negotiating of salary of the Wimbledon lad?
25% offer to former Directors - no wonder they told him to shove it.
I expect the Aussies have gone back with a £7m discount on his price so they can pay off the Directors and he's choked on that.
What I find the most strange is that he was fully aware of all the Directors positions regarding their Loans in October and what they expected. But he still went ahead negotiating on the basis that someone was going to pay them off or roll those loans and leave Charges outsanding. He is obviously not good at listening,and is now stuck with a decision to make, pay up or keep paying running costs.
DC United, Rooney's new MLS club, one of the worst performing clubs in the MLS over the last decade, is in the process of being sold for $500(£380) million.
Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
No they’re terrible aren’t they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.
Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.
Morning Derek
You’re right, I didn’t phrase that terribly well, but your response did make me laugh.
Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
No they’re terrible aren’t they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.
Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.
I just buy stuff everyday and that's a tactical nightmare. 'That's £1.65.' 'Shit, SHIT. What do I do? Here's a tenner.'
Aussies can fuck off now, had enough of it. They clearly haven't got the funds, just walk now and put an end to it.
That's just an assumption though. No-one has a clue, just because they don't want to pay over the odds doesn't mean they don't have the funds. They may have earmarked £40M for the purchase and then £50M for the next 5 years....who knows? I doubt they're trying to scrape the purchase price together and then they've got nothing. I'd rather a collective of business acumen than one lone nutter owning us.
Aussies can fuck off now, had enough of it. They clearly haven't got the funds, just walk now and put an end to it.
How do you come to that conclusion?
Because they dont want to pay 7 million to pay of ex directors, why should they?
No, because they've been sniffing around for a year and still aren't close to completing this thing. False dawn after false dawn, enough is enough.
How do you know they aren't close?
And if they haven't completed is that all, or even partially, their fault?
And the false dawns have come from other people saying it's "happening when we know what division we're in", "It's all part of his two year strategy to sell", "it will happen next week".
The current issue seems to be over the £7m debentures, an issue that Roland totally overlooked in his rush to buy the club.
The Aussies aren't to blame for that just as they aren't to blame for relegation, the huge debt, driving away other potential buyers, the mismanagement of the club or the unrealistic asking price. That's all down to one man.
Comments
I expect the Aussies have gone back with a £7m discount on his price so they can pay off the Directors and he's choked on that.
Yet
New owner, 5 year plan to get to the premiership when you get paid in full....
Discount for time value of money: 90%
Discount for possibility it doesn’t work: 50%
Increase for the fact you’ve written off the money anyway and are quite hopeful: 70%
25% my arse.
He is obviously not good at listening,and is now stuck with a decision to make, pay up or keep paying running costs.
Makes RD's asking price seem like a bargain!
Because they dont want to pay 7 million to pay of ex directors, why should they?
And if they haven't completed is that all, or even partially, their fault?
And the false dawns have come from other people saying it's "happening when we know what division we're in", "It's all part of his two year strategy to sell", "it will happen next week".
The current issue seems to be over the £7m debentures, an issue that Roland totally overlooked in his rush to buy the club.
The Aussies aren't to blame for that just as they aren't to blame for relegation, the huge debt, driving away other potential buyers, the mismanagement of the club or the unrealistic asking price. That's all down to one man.
WIOTOS