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+++++++++++Takeover off - confirmed+++++++++(Zabeel, old thread)

AFKABartram
AFKABartram Posts: 57,825
edited October 2008 in General Charlton
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«13456

Comments

  • Curb_It
    Curb_It Posts: 21,220
    oh god.
  • AFKABartram
    AFKABartram Posts: 57,825
    The Board of Charlton Athletic plc ("Charlton") has been informed by

    Zabeel Investments that it will not be proceeding with the proposed

    acquisition of Charlton Athletic plc.

    Zabeel Investments has informed Charlton that the decision not to proceed

    was taken on the basis that its focus moving forward will

    be on domestic opportunities in Dubai that complement the current Zabeel

    Investments portfolio. This combined with the current debate around

    foreign ownership of football clubs and the worsening economic climate in

    the UK contributed to the decision of Zabeel Investments to pull out.

    Furthermore, Zabeel Investments has made it clear to Charlton that this

    decision was not made as a result of any discoveries during the due

    diligence process.

    Contrary to recent press reports, Zabeel Investments has confirmed to

    Charlton that it has not approached any other club since it made an

    indicative offer for Charlton Athletic on 10 October, nor has it

    authorised any approach on its behalf. In addition, Zabeel Investments

    has confirmed it has no current intention to acquire any English football

    club for the foreseeable future.

    A spokesman for Zabeel Investments said: "Zabeel Investments has the

    highest regard for both the supporters of Charlton and the way in which

    Charlton is managed and wishes the team every success in their quest for

    promotion this season and moving forward."

    For the purposes of the Takeover Code, this announcement has been made

    with the consent of Zabeel Investments.

    Enquiries

    Nigel Capelin, Deputy Chief Executive of Charlton
  • Ketman
    Ketman Posts: 6,796
    Think this Thread could be longer than NSS APRAWA one. Sorry for injecting humour into a suicidal thread, but think we have all gotta move on & prepare for the Relegation scrap ahead!
  • BigRedEvil
    BigRedEvil Posts: 11,071
    Brilliant.

    No money, clueless manager who we can't get rid of, and we are in danger of freefalling into League One.

    Happy days B-)
  • cfgs
    cfgs Posts: 11,476
    So who is going to be the first gloating fan on here then?
  • heavenSE7
    heavenSE7 Posts: 1,282
    edited October 2008
    BUGGER.

    Lets face it we all knew it was too good to be true.

    WE ARE CHARLTON SUPER CHARLTON.

    So basically Zabeel are saying that they want to put there money into dubai (bollox they will buy everton) they don't want to be caught up in the debate about foreign ownership in football (as if the debate is gonna stop football going that way) and that cos the UK is fooked economically they aint interested. Aint the UK a great place to live!!

    Back to struggling in the championship and moaning about Pardew!
  • northstandsteve
    northstandsteve Posts: 14,328
    we are financially fecked hold on tight this is going to be like 85 all over again
  • _MrDick
    _MrDick Posts: 13,104
    I want to cry
  • Essex_Al
    Essex_Al Posts: 3,582
    Gutted - sick feeling in stomach!

    We are in deep doo doo!
  • razil
    razil Posts: 15,041
    sounds like a crock of shit excuse too, like the situation has gotten any worse over the last 2 weeks in the UK.. derrr... I shan't be going to dubai for my hols now.

    :)
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  • AFKABartram
    AFKABartram Posts: 57,825
    Sod it and sod them.

    As i said this morning, i've been uneasy about this since the aftermath of the original statement.

    No one has died, so lets not go overboard.

    The signs were pointing to me that this would not have been the best thing for Charlton Athletic as we know it, so with that in mind, i am not sorry it has collapsed.

    We must not let this club implode any further though.
  • WhenIwasLittleBoy
    WhenIwasLittleBoy Posts: 5,430
    Were all going on a Division one tour
    Division one tour
    Division one tour
    Were all going on a Division one tour
    Division one tour
    Division one tour
  • holyjo
    holyjo Posts: 1,326
    Ive never been to Hartlepool ..................
  • pete_tong1
    pete_tong1 Posts: 2,653
    'we are financially fecked hold on tight this is going to be like 85 all over again '

    The 15 million of the debt is with Murray and Chappel. So it depnds if they want to call in the debt I guess.
  • LargeAddick
    LargeAddick Posts: 32,560
    a team going nowhere with a manager we can't afford to sack. This is going to end in tears I'm afraid.
  • Mortimerician
    Mortimerician Posts: 5,222
    On a positive note...
    ...ah fu*k it I'll leave it to Rothko and Henry to explain how this is all part of Murray's masterplan and that this is the best outcome possible.
  • Salad
    Salad Posts: 10,189
    http://www.marketwatch.com/news/story/dubai-investment-group-ends-talks/story.aspx?guid=%7B5CB48667-9304-422F-A9D8-25DAB6C18EAF%7D&dist=msr_1
  • WhenIwasLittleBoy
    WhenIwasLittleBoy Posts: 5,430
    Bet Pardew has just turnt his phone off...................
  • DA9
    DA9 Posts: 11,091
    As Afka said, no one has died, we have lost nothing as we did not have it in the first place, lets face it people, this club has been throught worse news and survived, Live, Love, Laugh and Be Happy.
  • addick1965
    addick1965 Posts: 5,092
    Oh well,what you didn't have you won't miss.
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  • northstandsteve
    northstandsteve Posts: 14,328
    but as i said we are going there again
  • cfgs
    cfgs Posts: 11,476
    also now we get to see whether Pardew is as bad as we all now think, he has to get the players up and find a winning team quickly
  • rufus2005
    rufus2005 Posts: 15
    Im abslolutely gutted, we are in massive trouble if we dont go up this year. In the past we could have just ditched a few players on big wages and played a load of reserve players as we had a great reserve team. Unfortunately we dont have many decent young players knocking on the door anymore.
  • Curb_It
    Curb_It Posts: 21,220
    it feels like your partner is doing the dirty behind your back with someone you know but wont tell you who.

    I feel, well, quite frankly a bit bloody sick!!
  • pete_tong1
    pete_tong1 Posts: 2,653
    edited October 2008
    'On a positive note...
    ...ah fu*k it I'll leave it to Rothko and Henry to explain how this is all part of Murray's masterplan and that this is the best outcome possible. '

    I would just like to know from any jornos out there i.e Newshopper, SLP if Murray did ask for 80 million quid for the club. as reported on bbc london evening news the evening of the 1st announcement.

    Oh lets play Shelvey, Basey and Josh Wright Saturday I cant bare the thought of Ambrose, Bouzza and old man Holland out there.
  • MariaCAFC
    MariaCAFC Posts: 1,152
    I feel sick too - It's like a kick in the stomach.

    A total emotional rollercoaster over the past few weeks only to have all our dreams trashed!

    :o(
  • Miserableoldgit
    Miserableoldgit Posts: 21,458
    edited October 2008
    Be honest - we ARE talking Charlton Athletic Football Club here;

    Something going straightforward and simple for us ?

    F*%K !

    (postie , you're right ).
  • oohaahmortimer
    oohaahmortimer Posts: 34,145
    [cite]Posted By: Fishnets[/cite]So what you read in the papers is not always BS.....

    exactly..
    we've had a monster mare FACT...
    we wont be going back to the 'horrible premiership'
    and will have 'exciting ' lower league football to look forward to for years FACT
    no more ' newbie' fans
    no more 'sold out' grounds

    MARE MARE MARE.....
    chirpy will be happy;-)
  • AppyAddick
    AppyAddick Posts: 1,475
    Exactly 1965, VALLEY FLOYD ROAD......
  • WSS
    WSS Posts: 25,070
    I don't think we should be upset about losing something we never had.

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