The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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No fucks given, its 2019, its what happens in football.Horsfield9 said:Ah.............. just waiting for the Sports Direct Valley signs to go up !
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Thanks for the FF updates @Henry Irving , however I am somewhat confused by something LDT said. If, as he said, yes we told JW so he would speak about it on radio so we could put pressure on the British group, why oh why would you admit this!!! If I was now a member of that British group, from now on I wouldn't listen to anything that LDT/RD has to say as LDT has just admitted the 'leak' was to pressurise the other bid!! In fact I would be of the mind to say "well RD if that's your game, we are walking away and your welcome to sell to the Aussies" Something here doesn't add up!! I understand that they may want the British bid to come to fruition, but you dont admit that your playing 'hearsay' games to get that done.....what a load of old baloney!! I smell a rat here, you do not conduct business this way and then openly admit it!!2
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Spot on...yet many so called positive fans think it's helpful to continually post that RD is losing a £1m a month...Stu_of_Kunming said:
How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.The Red Robin said:
And debt. No thanks.Stu_of_Kunming said:
and all that premiership football.NorthStandUltra said:Bloody hell, Mike Ashley........
The new owners, whoever they'll be, will have to take these costs on.
The right owners would believe the Club has potential, and go from there...
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You never came off it, welcome back😸JamesSeed said:
Oh lord.DOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
For what it’s worth I think the Yankee dollars are on their way, the new bits of associated paperwork will get done, and it’ll be done and dusted soonish.
But don’t quote me on that.
I hope that puts me back on the scapegoats list?1 -
Not on here no. I’ve seen quite a few comments along those lines on some of the Facebook groups, either they’re doing it for themselves or working together.nth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.0 -
LDT didn't say that he'd told JW.Redmidland said:Thanks for the FF updates @Henry Irving , however I am somewhat confused by something LDT said. If, as he said, yes we told JW so he would speak about it on radio so we could put pressure on the British group, why oh why would you admit this!!! If I was now a member of that British group, from now on I wouldn't listen to anything that LDT/RD has to say as LDT has just admitted the 'leak' was to pressurise the other bid!! In fact I would be of the mind to say "well RD if that's your game, we are walking away and your welcome to sell to the Aussies" Something here doesn't add up!! I understand that they may want the British bid to come to fruition, but you dont admit that your playing 'hearsay' games to get that done.....what a load of old baloney!! I smell a rat here, you do not conduct business this way and then openly admit it!!
That is what people on here are inferring.
LTD was part of the conference call with the Aussies and Americans0 -
He didn’t withdraw.DOUCHER said:
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculousnth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
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There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.JamesSeed said:
He didn’t withdraw.DOUCHER said:
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculousnth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
Do you know something different?0 -
Ashley has been wanting to sell Newcastle for years now and he doesn't seem any closer to doing that. If RD is holding out for him he'll be waiting a long time0
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We are the broken lawnmower engines at the auction aren’t we? And Roland is waiting for Rodney and Mickey Pearce.13
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Or maybe it was correct-ish. ‘In a couple of days’ might have been translated by White, or someone, from ‘within days’, or ‘very soon, days’.OhEddieYouds said:What I don't get is...how can the person brokering the deal think thought that the sale was going to complete in a couple of days (and sent a letter to Jim White confirming that).
They must either be a) completely incompetent and unable to see that a takeover is no where near or b) encouraged to do this by the seller to re-ignite interest.
It’s easy to back yourself into a corner, as ‘hating the Aussies’, when they might not actually be the villains some here are trying to paint them as.
And if these Brits are really serious, how come they haven’t come up with a deal, as they’ve had long enough as well?
Thanks for all the work Henners btw.2 -
Sorry @Henry Irving my mistake, but I took the sentence below the wrong way-::Henry Irving said:
LDT didn't say that he'd told JW.Redmidland said:Thanks for the FF updates @Henry Irving , however I am somewhat confused by something LDT said. If, as he said, yes we told JW so he would speak about it on radio so we could put pressure on the British group, why oh why would you admit this!!! If I was now a member of that British group, from now on I wouldn't listen to anything that LDT/RD has to say as LDT has just admitted the 'leak' was to pressurise the other bid!! In fact I would be of the mind to say "well RD if that's your game, we are walking away and your welcome to sell to the Aussies" Something here doesn't add up!! I understand that they may want the British bid to come to fruition, but you dont admit that your playing 'hearsay' games to get that done.....what a load of old baloney!! I smell a rat here, you do not conduct business this way and then openly admit it!!
That is what people on here are inferring.
LTD was part of the conference call with the Aussies and Americans
Did the JW revelations help or hinder the takeover?
LDT "Helped as pushed the 2nd party (the Brits).
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I think we should have a bite sized update.
I don't mind being in charge of it (Taking time out of my day) and proof read it once Cabes has drafs it1 -
A deal could have been very close and then some backtracking. Hence LDT saying you will need to tell the fans. I think that comment was a sort of threat to the AA consortium that delaying the deal may have consequences.2
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And Roland said buying Charlton was the biggest mistake of his life, I wonder what he's discovered?Off_it said:
Yep, I've been thinking this for about a year or so now.jams said:I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything
I've worked on enough deals professionally to know that if you've got two interested parties who have both got the money and both agreed a price (which is what we''be been told) then the deal will generally get done, UNLESS there's a steaming pile of something potentially toxic sitting somewhere.
If there is potentially such a smell then the first question that gets asked is "what's the statute of limitations on this?", Ie. if things all go tits up then what's the risk to us?
If that's the case then you might still go ahead with the deal if the vendor (Roland) gives you some sort of warranty and indemnity against historic liabilities, or you might just go ahead anyway and take the risk. Or you might hang on for a bit until it's too late for the potentially smelly stuff to cause any real issue.
I'm not suggesting that Roland has done anything materially wrong on his watch from a legal perspective (ruining our club doesn't count, unfortunately), but it seems like the previous owners may have been up to the necks in all sorts, and we know Roland didn't do any due diligence of his own and effectively bought the club blind.
To me this seems the only plausible reason why either of the two different potential buyers with the money lined up haven't done the deal, yet.
But I have no insider knowledge on any of this, just an educated guess.
But if I'm right then it suits nobody to go shouting the reasons why from the rooftops.0 -
He didn’t actually say he’d withdrawn, that’s what people inferred from his comment.cantersaddick said:
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.JamesSeed said:
He didn’t withdraw.DOUCHER said:
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculousnth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
Do you know something different?
What he actually said was something about ‘comments about his involvement were erroneous’. I think he meant his levels of involvement.
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.
Of course GM could just be a dodgy chancer
;-)
(My kids would call that ‘bants’)3 -
That his network experiment didn't work, and that he doesn't like football.Ferryman said:
And Roland said buying Charlton was the biggest mistake of his life, I wonder what he's discovered?Off_it said:
Yep, I've been thinking this for about a year or so now.jams said:I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything
I've worked on enough deals professionally to know that if you've got two interested parties who have both got the money and both agreed a price (which is what we''be been told) then the deal will generally get done, UNLESS there's a steaming pile of something potentially toxic sitting somewhere.
If there is potentially such a smell then the first question that gets asked is "what's the statute of limitations on this?", Ie. if things all go tits up then what's the risk to us?
If that's the case then you might still go ahead with the deal if the vendor (Roland) gives you some sort of warranty and indemnity against historic liabilities, or you might just go ahead anyway and take the risk. Or you might hang on for a bit until it's too late for the potentially smelly stuff to cause any real issue.
I'm not suggesting that Roland has done anything materially wrong on his watch from a legal perspective (ruining our club doesn't count, unfortunately), but it seems like the previous owners may have been up to the necks in all sorts, and we know Roland didn't do any due diligence of his own and effectively bought the club blind.
To me this seems the only plausible reason why either of the two different potential buyers with the money lined up haven't done the deal, yet.
But I have no insider knowledge on any of this, just an educated guess.
But if I'm right then it suits nobody to go shouting the reasons why from the rooftops.0 -
Although White is a journalist and has a responsibility for factual reporting, reading this thread over the last couple of days shows he was not alone in 'playing up to the cameras' with matters reaching biblical proportions with the return of The Prodigal Son.cabbles said:
I believe he has been genuine in his pursuit of the story of our club, but there’s a showman in him as well, playing up to the cameras
Ultimately, it's irrelevant as we are all still in the dark and the club remains unsold. It was ever thus.
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Rather they fuckoffFumbluff said:Dunno about Mexican standoffs but I wish we had a Belgian bunoff
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Yes, thanks for that.cafcwill said:Thank you @Henry Irving for the report. Also that you for making LDT squirm a little.
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Right.
That's all over.No change
The next marker is the end of the transfer window.0 -
I have no idea what any of this means.Redskin said:
Although White is a journalist and has a responsibility for factual reporting, reading this thread over the last couple of days shows he was not alone in 'playing up to the cameras' with matters reaching biblical proportions with the return of The Prodigal Son.cabbles said:
I believe he has been genuine in his pursuit of the story of our club, but there’s a showman in him as well, playing up to the cameras
Ultimately, it's irrelevant as we are all still in the dark and the club remains unsold. It was ever thus.2 -
I sincerely look forward to squabbling with you all over the exact same thing in the summer guys.6
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And here he is trying to find a seat at The Valley incognito.JamesSeed said:
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.cantersaddick said:
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.JamesSeed said:
He didn’t withdraw.DOUCHER said:
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculousnth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
Do you know something different?3 -
Do we think Roland warned him about such behaviour given the nasty fans?Addickted said:
And here he is trying to find a seat at The Valley incognito.JamesSeed said:
Anyway, GM told me he didn’t withdraw, but wants to stay in the background. Told me on 24th Oct.cantersaddick said:
There was a quote from him a while back in an Aussie news outlet where he said he had withdrawn.JamesSeed said:
He didn’t withdraw.DOUCHER said:
Fits with the scare off price as well though and the muir scarf wearing and subsequent withdrawal - reckon their mates of rd in the electronics game - it’s as plausible as anything as to why this nonsense has dragged on so long - it’s ridiculousnth london addick said:
Now that’s a great theory for the conspiracy hats off to you for that one but I struggle to swallow that as much as I do with regards the 70mil to scare off a perspective buyerDOUCHER said:I My guess is the aussies are a fabrication by RD and Ashley has agreed to Rd's price but can't buy until
That’s my guess as well - I’m increasingly leaning towards the Aussies being a fabrication by RDI-SAW-POUSO-PLAY said:I’ve said all along that i still think we are waiting for Ashley to sell NUFC!
No one ever said that did they ?? Genuine question not a dig if they did that’s way off mark imoScoham said:
At least it should end the theory that Rick and Jim worked together to spread fake rumours to sell more copies of VOTV and get more listeners.Henry Irving said:I think a lot of fans have already decided what the issues are and because the hard information coming out of this meeting, from White and elsewhere is limited and opaque they are engaging in confirmation bias.
If you think it's Ashley then the info from last night points to it being Ashley.
If you think it was leaked to White to hurry up the Brits then the info points to that.
Same for most of the other theories.
We don't have enough pieces of the puzzle to be able to work out what the picture is.
Many of the theories, old and new, are plausible but that doesn't make them true.
But neither can they be proved false. Hence we go over the same ground.
Do you know something different?0 -
Can someone give Rio Ferdinand a lift somewhere, I think that was the last positive information we got wasn’t it...?11
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Or "posh Charlton" as they call it in SE10.Alwaysneil said:
Not like you to change your position that you’ve held since the start. Shocked here in Westcombe Parknth london addick said:
I am 😭JamesSeed said:
But thryCovered End said: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.
I don’t think anyone’s saying the Aussies havebno money.Scoham said:
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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Are you surei_b_b_o_r_g said:I think we should have a bite sized update.
I don't mind being in charge of it (Taking time out of my day) and proof read it once Cabes has drafs it1 -
Stu_of_Kunming said:
How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.The Red Robin said:
And debt. No thanks.Stu_of_Kunming said:
and all that premiership football.NorthStandUltra said:Bloody hell, Mike Ashley........
Mike Ashley at Newcastle:
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.7