The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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I'm in no way discounting the bullshit factor, just reporting my view of the evening. It was recorded on a phone by Tom Rubashow so there is a record.soapy_jones said:
Ditto mate.cafcwill said:Thank you @Henry Irving for the report. Also that you for making LDT squirm a little.
But I still err on the side of bullshit when it comes to RD and his cronies...1 -
Here, here .... some have adopted the bizarre logic that if whatever information gets passed on that doesn’t lead to the deal being completed it’s some how a lie. Same applies to Jim White ... Richard Cawley tweeted last year saying that the Aussie expected to complete within a week but oddly doesn’t get the same stick. BizzareLaddick01 said:
No need to be an asshole to one of the actual legitimate sources we have.PopIcon said:
DONE DEAL!Airman Brown said:
So the training ground tour happened as I tweeted, the Aussie money is American as I posted and DeTurck struggled with the £70m, which I knew he would. Pretty fair, I’d say.PopIcon said:
Your credibility has already gone mate, so you can pack that in right now..Airman Brown said:
Good work. That is a lie.Henry Irving said:Part 5
The £70+m
Me - did you quote a price of over £70m to a buyer at short notice.
LDT "I haven't signed an NDA" ( My personal view - OK English isn't his first language but this made no sense. If he hasn't signed an NDA he can comment)
Me - but did you tell a potential buyer the price was over £70m three hours before a meeting having previously agreed a lower price.
LDT "That is a rumour, i can't comment on rumours"
I pushed him on this a few times and he finally said that no, this hadn't happened but he, IMHO squirmed a bit and didn't deny it straight away despite saying he was aware of the "rumour". He did finally say it hadn't happened or anything similar had happened.9 -
Yes, thanks HI, good to have something a little more concrete than the recent smoke and mirrors, even if it's not a Great Leap Forward.1
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'AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork'
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
So the proof of funds some time ago , could of included funds from people who were disallowed by the EFL because of connections to other clubs.
AA probably still have to get any new members cleared and reshow that funds are there.0 -
Congrats Stu mateStu_of_Kunming said:
Oh I'd love to, my 20 day old doesn't think it's such a good idea though, I think he's stressing about the takeover, or milk, not sure tbh.ShootersHillGuru said:
Get some sleep JimmyStu_of_Kunming said:
It's 5AM and I'm cranky!Henry Irving said:
Yes but give us a chanceStu_of_Kunming said:Sorry to be impatient, but was anything asked about this 70m nonsense?
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Sorry @Henry Irving you didn't kidnap LDT and threaten to kill him unless the takeover is completed in 2 weeks as I suggested!
I'm afraid you're gonna have to be the new scapegoat😺5 -
Sorry but he said he had to leave to go to another meeting. He implied it was something important so I held back.sillav nitram said:Sorry @Henry Irving you didn't kidnap LDT and threaten to kill him unless the takeover is completed in 2 weeks as I suggested!
I'm afraid you're gonna have to be the new scapegoat😺1 -
Cheers Hen.1
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Well played Henners, our WIOTOS membership numbers are growing by the minute
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Not just me that thought that. I guess part of it is the association with CARD.Bubble said:
Here, here .... some have adopted the bizarre logic that if whatever information gets passed on that doesn’t lead to the deal being completed it’s some how a lie. Same applies to Jim White ... Richard Cawley tweeted last year saying that the Aussie expected to complete within a week but oddly doesn’t get the same stick. BizzareLaddick01 said:
No need to be an asshole to one of the actual legitimate sources we have.PopIcon said:
DONE DEAL!Airman Brown said:
So the training ground tour happened as I tweeted, the Aussie money is American as I posted and DeTurck struggled with the £70m, which I knew he would. Pretty fair, I’d say.PopIcon said:
Your credibility has already gone mate, so you can pack that in right now..Airman Brown said:
Good work. That is a lie.Henry Irving said:Part 5
The £70+m
Me - did you quote a price of over £70m to a buyer at short notice.
LDT "I haven't signed an NDA" ( My personal view - OK English isn't his first language but this made no sense. If he hasn't signed an NDA he can comment)
Me - but did you tell a potential buyer the price was over £70m three hours before a meeting having previously agreed a lower price.
LDT "That is a rumour, i can't comment on rumours"
I pushed him on this a few times and he finally said that no, this hadn't happened but he, IMHO squirmed a bit and didn't deny it straight away despite saying he was aware of the "rumour". He did finally say it hadn't happened or anything similar had happened.0 - Sponsored links:
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Henry Irving said:
Part 6
So some other points
Have any buyers provided proof of funds for acquisition of the club and to run the club? Yes according to LDT
Has anyone been given exclusivity? No according to LDT
Will Duchatelet only sell to the Aussies No, whoever completes first.
Who was shown around the training ground on 30 December "One of the Australian group"
Did the JW revelations help or hinder the takeover?
LDT "Helped as pushed the 2nd party (the Brits).
Question "Are the Aussies the best option?"
"They want to restore the relationship with the fans, I have told them that one of the first things they need to tell the fans when they takeover is why it took so long" LDT
Both the AA and the Brits are in the "takeover for the football, not the bricks"
The question of "if it's not the money what is the hold up?" was asked more than once but we never got what I would call a satisfactory answer
I asked why after 22 months were the Aussies still considered viable buyers. LDT said that the Brits have been around for as long (in his time at the club ie the last 12 months) and they haven't completed the deal either.
I hope that is useful. I know Golfie will moan (when doesn't he) but the questions were asked and asked again and the answers also questioned but I and the others can't make him say what we want.
An interesting evening even if there was still as least one person happy to lap up what was being said uncritically (not a lifer I think).
Mu own view is that a deal with the Aussies is possible and a deal this window with the Aussie is possible but by no means guaranteed or likely. i think there is a lot more we are not being told and perhaps never will.
WIOTOS
Poor Jim White and anyone else who fell for the latest comical Ali fake news moment4 -
So, @Davo55, did you note:
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
It's not mentioned whether the British consortium have submitted any paperwork to the EFL.
Either way, you might seek some kind of clarification next week. Shaun Harvey told CAST in mid-October
• SH confirmed the EFL has to date received only one Sale and Purchase Agreement/Owners and Directors Test submission from whom he characterised for the ease of reference as “The Australians”.
• SH advised that the EFL has raised a number of standard questions on this submission, relating to the make-up of the consortium and the source and sufficiency of the finances and to comply with the Owners and Directors test.
So it appears the Aussies have made no further progress on their EFL submission.
That being the case it seems to me there isn't a cat in hell's chance of this going through before the end of the window.
Utterly beyond rational understanding.6 -
The British bid will win4
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If he’s prepared to lie about one thing then who knows what other whoppers he’s fed the forum.
Wouldn’t trust Duchatelet or any of his cronies one bit.4 -
Maybe but Richard Murray know them which to me means that it is likely that he would have a role in the new set upnth london addick said:The British bid will win
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We both know regardless of who wins that would happenHenry Irving said:
Maybe but Richard Murray know them which to me means that it is likely that he would have a role in the new set upnth london addick said:The British bid will win
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The priceLargeAddick said:
So if money isn’t the issue then what is I wonder?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.0 -
Congratulations!! And *snap*!!Stu_of_Kunming said:
Oh I'd love to, my 20 day old doesn't think it's such a good idea though, I think he's stressing about the takeover, or milk, not sure tbh.ShootersHillGuru said:
Get some sleep JimmyStu_of_Kunming said:
It's 5AM and I'm cranky!Henry Irving said:
Yes but give us a chanceStu_of_Kunming said:Sorry to be impatient, but was anything asked about this 70m nonsense?
I also have a 20-day-old!0 -
ThisBilko said:
Because they haven’t sold Newcastle yet 😀ShootersHillGuru said:The “Brits” have been around for a long time. If they “still want to close the deal” why havn’t they been able to do so ?
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Nothing to do wit itgolfaddick said:
The priceLargeAddick said:
So if money isn’t the issue then what is I wonder?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.0 - Sponsored links:
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LDT says not.golfaddick said:
The priceLargeAddick said:
So if money isn’t the issue then what is I wonder?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.0 -
Keep up. The price has been agreed.golfaddick said:
The priceLargeAddick said:
So if money isn’t the issue then what is I wonder?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.
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I think it’ll be the Brits, or maybe the Aussies. I’m beyond caring.5
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Keep up. LDT does not always tell the truth, the whole truth and nothing but the truth...LargeAddick said:
Keep up. The price has been agreed.golfaddick said:
The priceLargeAddick said:
So if money isn’t the issue then what is I wonder?Henry Irving said:So part three
Lady Irving called me for supper you impatient lot.
So group one is the Aussie Americans (AA)
LDT was in the conference call mentioned by JW.
LDT said he is in regular contact so this is not exceptional.
LTD said that the "complexity has been reduced". When pushed on what this meant he said "fewer decision makers".
There is no split of ownership ie of ground v club with AA, they will all have shares.
AA have not submitted all the EFL paperwork. This includes financial and non financial paperwork.
There are no "due dates" IE deadlines to complete.
AA have "submitted proof of funds sometime ago"
LDT was asked more than once and stressed that the AA have the money and that money is not the issue. He wouldn't say what is the issue.
I stress here that I'm reporting what was said not necessarily agreeing with or endorsing it.
Thanks for the report, Ben, and to all others who we're part of the cross-examination.
Maybe we should try putting him on oath the next time?3 -
So if it’s not the price, why on earth has it taken both groups a minimum of 12 months (more for the AA) to get the damn thing done.
Sick to death of it, JUST SELL THE CLUB7 -
My assumption is it’s for different reasons, not the sameJ BLOCK said:So if it’s not the price, why on earth has it taken both groups a minimum of 12 months (more for the AA) to get the damn thing done.
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I stopped caring last XmasJamesSeed said:I think it’ll be the Brits, or maybe the Aussies. I’m beyond caring.
I honestly think the latest bit of posturing was to move the second closest bid into a bit of panic and to progress
They done the same with the aussies and Saudi
Right now I think the brits will strike next knowing the league and the delicate nature of where we are in the league and this window of opportunity, quicker than the aussies can react
Whether that comes off I am sceptical in time for this season
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I reckon The AA haven't enough to purchase & run the club for 5 years and the English/Brits are waiting for them/RD to give up on them, before offering a lower price.4
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So if the Aussies have no money, what’s holding up the British group?nth london addick said:The British bid will win
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