The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

nth london addick said:

Good match to be in the posh seats tomorrow at then

golfaddick said:

And if anyone iflrl

bobmunro said:

Davidsmith said:

bobmunro said:

Davidsmith said:

shirty5 said:

Ex Directors agreed a deal then? @Davidsmith

They have not been contacted I am told.

Which would indicate that The Valley is part of the deal and the charges rollover.

Would also indicate buyer is an idiot and is happy to pay £20-£30mn for the Club with no control of it's most valuable assets, as charges are over all assets of the Club.
Which also means buyer cannot raise any finance against said assets without permission or enter into any Leases on assets.
Worry if new buyer keeps charges outstanding as this is their best bargaining tool with Roland to get price down.

Maybe they don't need to raise finance against the assets, and are happy to let the non-interest bearing loans sit there knowing that should they get to the promised land the first £7m of the £100m+ Prem dividend is used to clear the charges.

We also don't have details of exactly how much they might have paid, and this could have been negotiated down to reflect the outstanding loans.

Which is what I said months & months ago. The ex-director loans are a drop in the ocean if/when we get to the Pram
They are only paid back then. No interest due either. Could be in 3 years.....could be in 30 years.

If any owner need a to start taking loans secured on the club/ground then they are not the owner you want.

Airman Brown said:

Ferryman said:

golfaddick said:

And if anyone iflrl

bobmunro said:

Davidsmith said:

bobmunro said:

Davidsmith said:

shirty5 said:

Ex Directors agreed a deal then? @Davidsmith

They have not been contacted I am told.

Which would indicate that The Valley is part of the deal and the charges rollover.

Would also indicate buyer is an idiot and is happy to pay £20-£30mn for the Club with no control of it's most valuable assets, as charges are over all assets of the Club.
Which also means buyer cannot raise any finance against said assets without permission or enter into any Leases on assets.
Worry if new buyer keeps charges outstanding as this is their best bargaining tool with Roland to get price down.

Maybe they don't need to raise finance against the assets, and are happy to let the non-interest bearing loans sit there knowing that should they get to the promised land the first £7m of the £100m+ Prem dividend is used to clear the charges.

We also don't have details of exactly how much they might have paid, and this could have been negotiated down to reflect the outstanding loans.

Which is what I said months & months ago. The ex-director loans are a drop in the ocean if/when we get to the Pram
They are only paid back then. No interest due either. Could be in 3 years.....could be in 30 years.

If any owner need a to start taking loans secured on the club/ground then they are not the owner you want.

When the north end wrap around was built for £9M with a £6M bank loan, wasn't that secured against The Valley?

The north stand loan has been paid off.

CharltonByBlood said:

paulie8290 said:

Rufus_Ambition said:

I was down the Valley earlier and I saw the first signing of the new regime down there. Shouldn't really be posting this but...

Hate to burst your fake bubble, but next time can you make it factually correct.

We already have a number 11 in Fosu, so its impossible Neymar would get the 11 shirt, unless it was sanctioned by the Football League to change Fosus number

Oh dear lord

stockportaddick said:

nth london addick said:

Good match to be in the posh seats tomorrow at then

I was in the posh bit on new years day (centre circle) and began to think I'd been mistaken for a stinking rich potential buyer and was the cause of all this latest takeover frenzy. It's about as close as I'll ever get to being stinking rich

superclive said:

stockportaddick said:

nth london addick said:

Good match to be in the posh seats tomorrow at then

I was in the posh bit on new years day (centre circle) and began to think I'd been mistaken for a stinking rich potential buyer and was the cause of all this latest takeover frenzy. It's about as close as I'll ever get to being stinking rich

we're you in the Jonny Williams picture?

superclive said:

so who might the backer be. all links mid 30s. the only likely one seems that joel McDonald. who else could it be

ForeverAddickted said:

WhenIwasLittleBoy said:

ForeverAddickted said:

WhenIwasLittleBoy said:

JoshAddick said:

https://twitter.com/take_over_party/status/946799495626575872?s=21

But will the boycotters return???

This is the sole reason why I didnt boycott - After five years of having something else to do I probably wouldnt so didnt want to run the risk

Never understand it and never will, you support the club through thick and thin regardless. How a billionaire will lose sleep over someone’s 250 quid escapes me.Lets be honest he dug his heels in for five years

True but they've equally stood by something they believe in and you could argue that by boycotting they've helped speed up the sale - Roland is so rich that £250 dont matter if he receives it or not but he's gotten rich by making every penny he can so will always appreciate every penny he gets!!