The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

Cafc43v3r said:

razil said:

Cafc43v3r said:

razil said:

Fumbluff said:

razil said:

carly burn said:

razil said:

When we ask questions like that, and they have been asked more than once, we are simply rebuffed with the NDA get out

Well then it's time to stop attending then.

The whole thing is a charade and by turning up, Swallowing this tripe and coming back for more is ridiculous.

Time to use your time and resource elsewhere.

What would you prefer me do? Spend more time with my family perhaps?

Get yourself out there a bit. Network. Those Christmas party guest lists don’t write themselves....

more true than you think..

I put a suggestion on the protest thread before reading all this one.

Really, about Christmas party lists?

Yup, RM, RD and KM are all on it.

Now you're confusing party with card... (not CARD) come on not bad for a Monday..

oohaahmortimer said:

Regarding this tax analogy thingy offset against losses

Disclaimer alert * I am no expert

I earn £100 have no losses elsewhere I pay £30 corporation tax leaving £70 then I pay £35 personal tax cos I’m a high earner = £35 in my pocket

I earn £100 but have £10 losses so 30% of £90 paid in corporation tax leaves me with £63 and I then pay £31.50 tax leaving me with £31.50

Or I pay an entrepreneurial relief in it and the £70 leaves me with £63 and the £63 leaves me with £56.70

So if the losses increase against winnings I will lose out more ....

Is this right because no way are his losses a scratch trade .
He may be losing less than the hardcore number but it’s still a loss £10 cost him £3.50 at the higher tax bracket
Or £6.30 at the lower end

Still losses of 35% (at the higher end of the tax bracket) or 63% (at the lower end of the tax bracket) on the original losses .

Hardly quids in

I am also not an expert, but I thought it was more about the group position and where tax needs to be paid (or not paid).

One of the key drivers for us losing money is interest on loans. At a group level the loans are friendly, and the interest on those loans goes into the main pot where the group will be making its money. If the UK entity is losing money it doesn't have a tax bill as it is in deficit, however the holding company will be making significant gains in a low tax regime.

Look at Starbucks as an example (and this is from a few years ago so their position may have changed). For their european branches, they bought their coffee beans in bulk into their Luxembourg head office. these beans were then 'processed' and sold to the individual stores at a huge markup. their stores were largely run at a breakeven level due to the high cost of the beans with Luxembourg making a huge profit out of it.


I don't know enough about the money at Charlton, but I would assume that it is being run in a similar way, and due to the incomes vs expenditures we are probably not all that far away from the breakeven position if you take the 'friendly' loan repayments out of the operating expenses and add in the forecast player sales.

Can't someone just pay Roland £70M in cryptos?
probably be worth 70p by the time the procrastinating fool gets to cash them in

No one knows Rolands thought process. I reckon we'll wake up one day with the OS saying a sale has been concluded. No rumours etc

FishCostaFortune said:

If I am right in thinking if RD continues to dig is heels in on price, he will continue to lose money, and the team will get weaker as he invests less and less. This means that the club will lose value and realistically he will have to ask for less money later down the line whilst he himself would have spent more money.

None of it makes sense to me.

You know that I know that, we all know it, that is why you can only conclude he is doing what he is doing out of spite.

BigRedEvil said:

No one knows Rolands thought process. I reckon we'll wake up one day with the OS saying a sale has been concluded. No rumours etc

Don’t tell Henry.

Stu_of_Kunming said:

soapboxsam said:

Redvaliant said:

FishCostaFortune said:

If I am right in thinking if RD continues to dig is heels in on price, he will continue to lose money, and the team will get weaker as he invests less and less. This means that the club will lose value and realistically he will have to ask for less money later down the line whilst he himself would have spent more money.

None of it makes sense to me.

You know that I know that, we all know it, that is why you can only conclude he is doing what he is doing out of spite.

NLA, Jimmy Seed, soapboxsam and Redvaliant, anyone else believe Spite and Schadenfreude is mixed up with the money in this cocktail and waffle from the Douchebag ?

Add me to the 'he's a spiteful *!#$' camp.

And me.

Henry Irving said:

JamesSeed said:

Stu_of_Kunming said:

JamesSeed said:

Stu_of_Kunming said:

Airman Brown said:

One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.

What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.

Can CARD not get a seat at the table? I can see why the club wouldnt want them to, but if City Addicks can get a spot it seems ridiculous CARD can't.

Joking, right?

No, if the club were serious about listening to fans theyd be willing to listen to all fans, however the FF is just a box ticking exercise.

Exactly.

No, it's not.

It is far from perfect and not used as well as it should by the club but it's one of the few places fans can directly question the regime and speak truth to power.

The very reluctant denial, under pressure, from LDT about the £70m rebuff, was one example of this.

Yet we've been told there's proof the denial was a bare-faced lie.

If the club is willing to sit there and lie to fans giving up their free time to attend, you have to wonder how seriously they are taking it.

razil said:

no one has shown me proof

Nor have I, which is why I said "we've been told" you'd have to ask @Airman Brown

JamesSeed said:

Henry Irving said:

JamesSeed said:

Stu_of_Kunming said:

JamesSeed said:

Stu_of_Kunming said:

Airman Brown said:

One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.

What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.

Can CARD not get a seat at the table? I can see why the club wouldnt want them to, but if City Addicks can get a spot it seems ridiculous CARD can't.

Joking, right?

No, if the club were serious about listening to fans theyd be willing to listen to all fans, however the FF is just a box ticking exercise.

Exactly.

No, it's not.

It is far from perfect and not used as well as it should by the club but it's one of the few places fans can directly question the regime and speak truth to power.

The very reluctant denial, under pressure, from LDT about the £70m rebuff, was one example of this.

I’m just bitter because I’m not allowed to go.
At least when the BBBC Addicks takes off I’ll have a representative there.

For a small fee you can represent ChinaAddicks.

Stu_of_Kunming said:

Henry Irving said:

JamesSeed said:

Stu_of_Kunming said:

JamesSeed said:

Stu_of_Kunming said:

Airman Brown said:

One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.

What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.

Can CARD not get a seat at the table? I can see why the club wouldnt want them to, but if City Addicks can get a spot it seems ridiculous CARD can't.

Joking, right?

No, if the club were serious about listening to fans theyd be willing to listen to all fans, however the FF is just a box ticking exercise.

Exactly.

No, it's not.

It is far from perfect and not used as well as it should by the club but it's one of the few places fans can directly question the regime and speak truth to power.

The very reluctant denial, under pressure, from LDT about the £70m rebuff, was one example of this.

Yet we've been told there's proof the denial was a bare-faced lie.

If the club is willing to sit there and lie to fans giving up their free time to attend, you have to wonder how seriously they are taking it.

I’ve never claimed to have “proof”, just as I never had “proof” of Muir’s involvement with the Aussies, until he turned up nine months later at The Valley. I do have the word of someone I trust on it, which is good enough for me.

What I did say, for LDT’s benefit, was that proof might emerge. The whole point of that was to corner him on it at the FF, where people could make their own judgement. The lie - omitted from the record of the meeting because it is a lie - is the result.

Henry Irving said:

Stu_of_Kunming said:

Henry Irving said:

JamesSeed said:

Stu_of_Kunming said:

JamesSeed said:

Stu_of_Kunming said:

Airman Brown said:

One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.

What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.

Can CARD not get a seat at the table? I can see why the club wouldnt want them to, but if City Addicks can get a spot it seems ridiculous CARD can't.

Joking, right?

No, if the club were serious about listening to fans theyd be willing to listen to all fans, however the FF is just a box ticking exercise.

Exactly.

No, it's not.

It is far from perfect and not used as well as it should by the club but it's one of the few places fans can directly question the regime and speak truth to power.

The very reluctant denial, under pressure, from LDT about the £70m rebuff, was one example of this.

Yet we've been told there's proof the denial was a bare-faced lie.

If the club is willing to sit there and lie to fans giving up their free time to attend, you have to wonder how seriously they are taking it.

Exactly, the denial was a lie and that was the point of pushing him

Again, we seem to be in the realm of if something isn't 100% effective it is 0% effective.

The Fans forum isn't the problem, it's the regime.

We knd of agree then, I think the FF used to be a great idea, pre~RD, but when theregime clearly hold fans in contempt and are willing to blatently lie to them, I think its hard to argue they are attending for any other reason than ticking a box.

That is 100% the fault of the ownership.