The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

1548 Capital (Arsenal) Gold with Jonathan Pearce (live from Highbury)

Yet another of Roland's "suitors"...   yeh rooight mate!

https://www.bbc.co.uk/news/business-47301446

Scoham said:

https://www.cafc.co.uk/news/view/5c7eb7a36b2a2/fans-forum-notes-player-and-manager-contracts-and-takeover-update

Takeover

LDT said much of the takeover was discussed last week (in last week's Fans' Forum) and there has been no big changes since then. He said that the owner’s demand had been submitted to the EFL and that they heard back that the EFL have received the request.

He said RD is not willing to decrease the asking price. He said ideas are welcome from the Fans’ Forum to speed up the takeover process.

SC asked about rumours in the press that an offer of £35m had been turned down.

LDT said the only offers that have been refused have been ones where the new owners would pay rent for the stadium and training ground, which would have been separate from the club.

LDT said there had been no £35m offer received for the club.

LDT said RD is only looking to sell the club as a whole – training ground, stadium and the football club.  

But you have to pay £1 for the club and £77m for the ground and training complex

I find it interesting (if true) that there have been offers for the club without the land (not that I want them separated, of course.)

To me, one of the big problems associated with Grapevine's idea would be finding someone who wanted to have just the responsibility for the club, to go with a fan led purchase of the land. 

Obviously there are still people who think they can see a way to run the club without bankrupting themselves.

Sounds like we're nowhere near.

JamesSeed said:

Aussies' deal has always been lock stock and barrel. 

But they ain't going to be settling his £70M asking price,so why agree head of terms in the first place...... the dope now seems to think he can get it

We are fucked. Might as we close this thread doen. This lunatic won't drop his price. How can LDT say that they have turned down bids that involves new owners paying rent is farcial when on CAFC own page by the ownet is trying to sell the club to the EFL and keep the ground and sparrows lane. LDT is being paid to sell thw club. 2yrs down the line we nowhere near a sale. 

No.1 in South London said:

JamesSeed said:

Aussies' deal has always been lock stock and barrel. 

But they ain't going to be settling his £70M asking price,so why agree head of terms in the first place...... the dope now seems to think he can get it

So it’s their fault he’s a lunatic lol 

Is it possible he put the price up during negotiations? Because we went on a winning run maybe? I wouldn’t put it past him. 

But maybe the Aussies did decide to lower their offer after a verbal agreement had been made. They were within their rights to do so if circumstances changed, or if something cropped up that they didn’t like. If he doesn’t like it he can always tell them to do one.

I’m still blaming Roland, rather than the Aussies, or any other buyer for that matter.

Fun house selling analogy:
You try to sell your house valued at £1.5m for £2m, because you bought it for £1m, but spent £1m doing it up. Someone says great, and gets a survey done. The survey points out a few problems caused by the work you had done, and reveals the house isn’t worth £2m. It’s worth 1.5m
They offer £1.5. You turn the offer down. 
You wait for another £2m offer to come along. It doesn’t. Your original buyer still wants to buy your house, but isn’t homeless, so can wait.
And you want to impress the neighbours by getting a higher price that they thought you would, after you had all the stone cladding installed. 

Probably everything they’ve spent on legal and financial advice! They’d be in breach of their NDA 

LDT is a fucking liar and so is his boss, I have no doubt about that. 
We are doomed to monthly and sometimes weekly forums, which are a complete and utter waste of time. I don't understand why we are still trying to engage with them when they have proved to be so disingenuous. 

JamesSeed said:

No.1 in South London said:

JamesSeed said:

Aussies' deal has always been lock stock and barrel. 

But they ain't going to be settling his £70M asking price,so why agree head of terms in the first place...... the dope now seems to think he can get it

So it’s their fault he’s a lunatic lol 

Is it possible he put the price up during negotiations? Because we went on a winning run maybe? I wouldn’t put it past him. 

But maybe the Aussies did decide to lower their offer after a verbal agreement had been made. They were within their rights to do so if circumstances changed, or if something cropped up that they didn’t like. If he doesn’t like it he can always tell them to do one.

I’m still blaming Roland, rather than the Aussies, or any other buyer for that matter.

Fun house selling analogy:
You try to sell your house valued at £1.5m for £2m, because you bought it for £1m, but spent £1m doing it up. Someone says great, and gets a survey done. The survey points out a few problems caused by the work you had done, and reveals the house isn’t worth £2m. It’s worth 1.5m
They offer £1.5. You turn the offer down. 
You wait for another £2m offer to come along. It doesn’t. Your original buyer still wants to buy your house, but isn’t homeless, so can wait.
And you want to impress the neighbours by getting a higher price that they thought you would, after you had all the stone cladding installed. 

Not said it's their fault he's a Lunatic? And "blame" is too strong a word...... maybe "reason" is more appropriate.
I don't believe he put the price up though and if he did I'm sure they are within their rights to call him out NDA or not.
RD has been quoted on a few occasions of stating the deal that he will settle on had been agreed and then the head of terms agreed on that? 
So it "appears" that your "but maybe the Aussies did decide to...." would be the more likely scenario...... in which case my point about him believing he can get what he wanted stands, on the original agreement..... and if the Aussies had agreed an unrealistic price originally, then that is somewhere a lunatic may be sitting.
I agree that the price should have reduced once Roly started to "cash in" his assets, but that would have been the time to call him out if he is the problem.... not keep hanging around like a bad smell, expecting a change and saying nothing aka RM. 

No.1 in South London said:

JamesSeed said:

No.1 in South London said:

JamesSeed said:

Aussies' deal has always been lock stock and barrel. 

But they ain't going to be settling his £70M asking price,so why agree head of terms in the first place...... the dope now seems to think he can get it

So it’s their fault he’s a lunatic lol 

Is it possible he put the price up during negotiations? Because we went on a winning run maybe? I wouldn’t put it past him. 

But maybe the Aussies did decide to lower their offer after a verbal agreement had been made. They were within their rights to do so if circumstances changed, or if something cropped up that they didn’t like. If he doesn’t like it he can always tell them to do one.

I’m still blaming Roland, rather than the Aussies, or any other buyer for that matter.

Fun house selling analogy:
You try to sell your house valued at £1.5m for £2m, because you bought it for £1m, but spent £1m doing it up. Someone says great, and gets a survey done. The survey points out a few problems caused by the work you had done, and reveals the house isn’t worth £2m. It’s worth 1.5m
They offer £1.5. You turn the offer down. 
You wait for another £2m offer to come along. It doesn’t. Your original buyer still wants to buy your house, but isn’t homeless, so can wait.
And you want to impress the neighbours by getting a higher price that they thought you would, after you had all the stone cladding installed. 

Not said it's their fault he's a Lunatic? And "blame" is too strong a word...... maybe "reason" is more appropriate.
I don't believe he put the price up though and if he did I'm sure they are within their rights to call him out NDA or not.
RD has been quoted on a few occasions of stating the deal that he will settle on had been agreed and then the head of terms agreed on that? 
So it "appears" that your "but maybe the Aussies did decide to...." would be the more likely scenario...... in which case my point about him believing he can get what he wanted stands, on the original agreement..... and if the Aussies had agreed an unrealistic price originally, then that is somewhere a lunatic may be sitting.
I agree that the price should have reduced once Roly started to "cash in" his assets, but that would have been the time to call him out if he is the problem.... not keep hanging around like a bad smell, expecting a change and saying nothing aka RM. 

I agree with very little of that. You’re cutting Roland way too much slack, and you’re way off the mark imho. 

JamesSeed said:

bertpalmer said:

CafcSCP said:

Probably everything they’ve spent on legal and financial advice! They’d be in breach of their NDA 

well they could leak it to our James

That stopped when Keith Harris came along, although I did get a little message last Saturday. I’d be slaughtered by you lot if I posted it. It’s just not worth it, and it doesn’t take us anywhere new. But clearly Roland doesn’t consider Aussies to be foreigners. 

Btw @AFKABartram was right when he said if you repeat something often enough people start believing it (or words to that effect) - hence this Millwall bootboy is trying keep his head down. 

Absolutely not! They're all Brits by ancestry!! 

1549, the spire of Lincoln Cathedral is damaged by wind & is no longer the tallest structure in the world.