Grapevine49’s post

I think people might be forgetting that it’s not just Roland you need to deal with. You can’t split the ground from the team without paying off the old directors, as the ground is their secured asset. 

SomervilleAddick said:

I think people might be forgetting that it’s not just Roland you need to deal with. You can’t split the ground from the team without paying off the old directors, as the ground is their secured asset. 

One would hope that at least some of 'the old directors' might be supportive. 

that said we know at least one almost certainly wouldn't be!

LargeAddick said:

Reading a lot of good points above and all very valid. At the end of the day it’s something worth exploring and after the last couple of years of disappointment after disappointment it at least gives a little bit of hope.

Agreed, that’s how I see it too. 

Covered End said:

alburyaddick said:

You wouldn't necessarily have to fund the entire amount anyway- lets say we agreed a figure of £15m for the assets from Roland ( probably fanciful but bear with me) , we agreed a 50% mortgage with a bank at say 5% interest, i.e £7.5m and a seperate back to back deal with the Aussies or whoever to pay a sensible rent to cover the interest and capital repayments over 25 years , that's c£500k a year to rent the facilities and pay the mortgage off which is reasonable and at the end of it the supporters own the ground. That still means we'd have to raise £7.5m , which is 750 rich supporters at £10k each or something lower with more people. 
I realise that there are lots of IFs and BUTs in here, but honestly you'd think, someone would be up for a deal of this nature.  

Tell me which bank you think would lend Charlton supporters £7.5M ?

Indeed. When is the last time a bank lent money to a money losing lower league club? Whomever runs that bank needs to be sacked. Banks exist to make money, not for social good. Seriously, can anyone tell me the last time a bank had lent money to a League One club that was losing 30-40% on assets annually? I am really curious.

I’m on a bit of a roll now but surely if we could get a face to face with Roland we might come up with a solution - in my example above instead of a bank loan for the remaining say c£7.5m we agree that he retains 50% until it’s paid off over 25 years but we keep a golden share so he can’t sell it to anyone else , etc, etc Surely it’s time for some innovative solutions - we need to get CAST to try and get him to tell us what he actually wants ( realistically ie that someone might actually pay and it’s actually worth given the restrictions on planning change of use etc)
All this nonsense about NDA’s is just flim flam - I buy and sell businesses for a living but it doesn’t stop me telling anyone and everyone what the asking price is 

alburyaddick said:

I’m on a bit of a roll now but surely if we could get a face to face with Roland we might come up with a solution - in my example above instead of a bank loan for the remaining say c£7.5m we agree that he retains 50% until it’s paid off over 25 years but we keep a golden share so he can’t sell it to anyone else , etc, etc Surely it’s time for some innovative solutions - we need to get CAST to try and get him to tell us what he actually wants ( realistically ie that someone might actually pay and it’s actually worth given the restrictions on planning change of use etc)
All this nonsense about NDA’s is just flim flam - I buy and sell businesses for a living but it doesn’t stop me telling anyone and everyone what the asking price is 

I may not agree on the feasibility of the ideas, but I do appreciate your creativity and effort on this. Without it, I would be in a worse mood about recent turn of events. 

blackpool72 said:

I love the idea of this but.

I put in £500 in Charlton shares years ago and got back zilch .
It's a big ask for a lot of people especially as we have no idea how it will end.

I’ve heard tidbits about this. Where can I read more? Sounds like people got royally screwed. How many people lost money? Hundreds? More?

To everyone who's comparing this to subscribing to shares in the football club all those years ago, this is quite different.  We wouldn't be having anything to do with the club, we'd be buying one, or two if the training ground is included, physical assets which would then be rented to the club to cover the stadium (and training ground) running costs.

heckington_reds said:

Anybody else notice a lack of input by a certain  member who has a good knowledge of figures and values of the valley ...not a dig if he doesn't want to get involved. 

Katrien is too busy to post here.

alburyaddick said:

Me again - so if we need 300 people to put down £25k each and understandably they can’t all lay their hands on the cash so if they add it to their mortgage they end up paying back an extra £113 a month for which they get 2 season tickets for 25 years 
sounds like a bargain - we’ll sort of ! - now we’ve raised £7.5m maybe even £10m if we could get 400 people on the scheme. 

I feel like a right party pooper, but can’t see it working. 
I think Roland would be the main hurdle. As soon as you approach him with an offer of, say £14m, he’ll say he wants £44m. And if you ask how much he wants, he’ll say £50m. Or £70m. 
Have you forgotten who we’re dealing with here?

James we have to break the logjam somehow. It’s all very well Roland wanting £40-70m but he’s never going to get that - as I have said before I’d like £10m for my house but no one is going to pay me that- it’s about trying a different approach that satisfies his ego - maybe selling to a supporter led initiative would let him leave with some dignity for his “social experiment “

EveshamAddick said:

Any celeb Charlton fans out there with a bit of dough?

must be a few ex-players with a few quid

Do we know how much Roland wants today and will the price differ tomorrow 

Grapevine.

To me. All you are is a username. I do not know you.

May I ask a question though.

What is your profession? Just out of curiosity.

I would like to think that it is something that pays very well.

Life does not really serve an awful lot of justice though.