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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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What we really need is a persuasive member of this forum with some great contacts.
https://www.bbc.co.uk/news/business-462894990 -
But would ya?2
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Imagine how well paid her staff must be : - )Addickted said:What we really need is a persuasive member of this forum with some great contacts.
https://www.bbc.co.uk/news/business-462894991 -
Lol, I just started a new thread on this, sorry I did not see this comment.Addickted said:What we really need is a persuasive member of this forum with some great contacts.
https://www.bbc.co.uk/news/business-462894990 -
Rumour has it, is that the take over is sorted, done deal, imminent........It’s happening (gif)...I can’t wait for the official announcement and to see it emblazoned over the official site, the red tops and the St Truiden Evening Standard. I wonder what the headlines will say...?0
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To get hopeful or not?Solidgone said:Rumour has it, is that the take over is sorted, done deal, imminent........It’s happening (gif)...I can’t wait for the official announcement and to see it emblazoned over the official site, the red tops and the St Truiden Evening Standard. I wonder what the headlines will say...?
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Agreed, was an awfully childish comment.PeterGage said:
The counter argument is that real fans are making the ultimate sacrifice and boycotting because they dont agree with the ownership regime. Jst saying.....Henry Irving said:
Real fans cheered the team to a 5 - 0 win last night.addick05 said:
Any fans left?Henry Irving said:
Fans Forum tonightFAVADDICK said:Isn't it the east Kent addicks meeting tonight is liven going to be there ??
I was there.0 -
Tongue cheek inDanny Addick said:undefined
Agreed, was an awfully childish comment.PeterGage said:
The counter argument is that real fans are making the ultimate sacrifice and boycotting because they dont agree with the ownership regime. Jst saying.....Henry Irving said:
Real fans cheered the team to a 5 - 0 win last night.addick05 said:
Any fans left?Henry Irving said:
Fans Forum tonightFAVADDICK said:Isn't it the east Kent addicks meeting tonight is liven going to be there ??
I was there.
Rearrange these words to find a well known phrase that describes the real fan comment0 -
Finally a new official update0
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A full Fans’ Forum took place at The Valley this evening. This followed last month’s meeting which was specifically focused on the takeover.
The Fans’ Forum meet every three months and is made up of fan representatives. To find out more about the Fans’ Forum and contacting your fan representatives click here.
The meeting was attended by members of the Fans' Forum, club staff and Lieven De Turck (LDT), who is representing the club in takeover talks. The below notes cover the takeover section of the meeting, notes from the rest of the meeting will be available in due course.
LDT reiterated that priority number one still to sell the club. He said there is no date set but it is still the priority. He said there is no exclusivity with one party and that the party that completes first will get the club.
He then explained the status of the five parties that were mentioned as interested at the previous meeting:
Groups linked to the Australians
The group still have to lodge the outstanding documents with the EFL to complete the deal. As far as LDT is aware they have had some further contact with the EFL. LDT said they are very much still on the radar. The issue, he feels, is still their complexity which is very high. LDT said he felt there had been progress as to him it appears they have reduced their complexity which LDT thinks is a good thing. LDT said his last phone call with them was this morning and that he hears from them every week.
Ian Wallis (Bromley Addicks) said he had a source that said he was close to the bid and didn’t think a price had been agreed.
LDT said the price was agreed a long time ago (February) and that is not a long term discussion point in the talks. As far as LDT is aware there hasn’t been an issue with the agreed price.
Second party (British)
LDT said the group have always been active. LDT confirmed they are British. He said in the last week he felt they had taken a big step. LDT expected things will be sped up now. He explained that in the past they had shown they had proof of funds but with proof of funds alone they cannot purchase the club. Now they appear close to putting the money on the table.
The third party (European)
LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is.
The fourth party (European)
An NDA is signed but LDT hasn’t received a proof of funds.
The fifth party
In October they asked for time to make up their mind, they now have come back to the club and signed an NDA. They met Roland Duchatelet (RD) at the beginning of the week. They showed LDT and RD their plans. They haven’t done proof of funds but LDT doesn’t think it will be an issue with them.
Additional
LDT confirmed RD has met representatives from the first, second and fifth party.
Barnie Razzell (City Addicks) asked why he met them and not the others. LDT explained the first two were in May when RD was over at the club when the other parties were not involved.
LDT said he felt the upcoming transfer window and being sixth in the league helps with the sale of the club which is why he feels there has been movement recently.
LDT still feels the Australians are most likely.
John Perkns (Away Travel) asked why the takeover was taking so long. LDT said the time it has taken is not exceptional because when you buy you want to turn every stone and football is constantly moving.
The next Fans’ Forum is set for February 20th 2019, should the club not be sold by January 9th 2019, a further takeover specific Fans' Forum meeting will take place.
https://www.cafc.co.uk/news/view/5bf5c646d8e3c/takeover-update-from-this-evenings-fans-forum
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Genuine thanks to the FF members for the update and speed there of.
The cynic in me looks forward to the next update on 9th Jan to hear about how the mythical 5 have just that very week shown more interest and started to move towards a sale.24 -
Utter bollocks!3
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Sell the club you senile old runt .
I'm getting shit from the mrs cos the kids are going around in shitty scrappy football kits too small for them and your fucking dithering, you smelly piss stained yellow toothed twunt , is getting me grief from the mrs .
I'm not buying those fucking kits at full price while you are the owner you old twunt
Now fuck off with all your pathetic divvy lackeys you cucking funt33 -
My gut reaction is your right. BUT and it's a big but, why? Why lie, it doesn't really serve a purpose. What benefit is it to anyone?carly burn said:Utter bollocks!
To appease the fan forum? Stop the protests, there aren't any?
The longer this goes on the less sense it makes.
One thing that did strike me is if one of the newer parties are mega rich, could they sanction a January spend and add it to the price? I know this was an option at Newcastle last year and could back up what red Henry has stated.2 -
Most of the time we just try and think up new questions about the takeover so it’s not a complete rerun of the last meeting..
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It’s all do to with price, he wants too much, no one prepared to pay it. End of story.10
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They’re falling over one another to buy us now. I look forward to the sale updates in January, February, March, April, ..........16
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Did anyone ask LDT his feelings on what happened to my survey?28
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To appear that he has done such a great job during his time here that interested parties are banging on his door daily to get a piece of it.Cafc43v3r said:
My gut reaction is your right. BUT and it's a big but, why? Why lie, it doesn't really serve a purpose. What benefit is it to anyone?carly burn said:Utter bollocks!
To appease the fan forum? Stop the protests, there aren't any?
The longer this goes on the less sense it makes.
One thing that did strike me is if one of the newer parties are mega rich, could they sanction a January spend and add it to the price? I know this was an option at Newcastle last year and could back up what red Henry has stated.
In reality nobody gives a shit. Drop the price and he might get a few bites.
This is just an odd vanity project.1 -
LDT has regular contact with your survey. It remains the number one priority of who he represents, and he is confident it will be back online in the near future.bertpalmer said:Did anyone ask LDT his feelings on what happened to my survey?
Should the survey not be online by 5th January, he will provide a further update on progress.19 -
Erm no... Its the endless protests that are putting people off!!... Didnt you watch the interview with Roland?J BLOCK said:It’s all do to with price, he wants too much, no one prepared to pay it. End of story.
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2/3, not bad.Scoham said:
Guesses on the takeover update?Henry Irving said:
Fans Forum tonightFAVADDICK said:Isn't it the east Kent addicks meeting tonight is liven going to be there ??
I’m going for “10 interested parties, Australians still need to submit documents, price not an issue”.10 -
Wrong, it was that comment on CL about wilder that drove him into the arms of sheff utd that really caused all thisForeverAddickted said:
Erm no... Its the endless protests that are putting people off!!... Didnt you watch the interview with Roland?J BLOCK said:It’s all do to with price, he wants too much, no one prepared to pay it. End of story.
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The five bids.43
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Bid five will win1
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No no no, it's the communication team fault!J BLOCK said:
Wrong, it was that comment on CL about wilder that drove him into the arms of sheff utd that really caused all thisForeverAddickted said:
Erm no... Its the endless protests that are putting people off!!... Didnt you watch the interview with Roland?J BLOCK said:It’s all do to with price, he wants too much, no one prepared to pay it. End of story.
They are hindering the takeover. Didn't u listen to the radio interview?1 -
Guess work or idk?nth london addick said:Bid five will win
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