The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

Apologies if this has already been covered but it seems to me that the Aussies agreed a price. They now realise that the agreed price wasn't agreeable to others in their party.

This now means they don't have an agreed price.

If Douchbag doesn't want to reduce his price because he thinks he's going to get it when the Aussies find enough poor sods to agree to it then the Aussies are effectively out. They wont proceed at the price Douchbag wants and Douchbag won't reduce to their price.

If this is the case then why don't the Aussies tell the whole world "we're out"?

At least then there's no one else who has agreed to Douchbags ridiculous price and he will have to reduce in order to sell.

Bolderhumphreyreid said:

Apologies if this has already been covered but it seems to me that the Aussies agreed a price. They now realise that the agreed price wasn't agreeable to others in their party.

This now means they don't have an agreed price.

If Douchbag doesn't want to reduce his price because he thinks he's going to get it when the Aussies find enough poor sods to agree to it then the Aussies are effectively out. They wont proceed at the price Douchbag wants and Douchbag won't reduce to their price.

If this is the case then why don't the Aussies tell the whole world "we're out"?

At least then there's no one else who has agreed to Douchbags ridiculous price and he will have to reduce in order to sell.

The real question is, why doesn't RD go back to The previous bidders that The aussies outbid?

Any ideas @Redhenry

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

Not to shoot the messenger but what are they waiting for in that case?

NorthheathAddick said:

The Red Robin said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

Not to shoot the messenger but what are they waiting for in that case?

Probably since then he has been selling players & also leavin the ones we have without any contracts of any sorts,the agreed price has probably been pulled off the table under them circumstances & they are trying to get him lower on them terms...but yep this is Roland...


oh n to add I am not ITK...😉

"I've done all the hard work of flogging the best players, that will be an extra 200k"

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

I think an owner with deep pockets would be preferable to one with "bottomless" pockets. We had one of those before Roland took over. The problem with bottomless pockets is that the kash eventually runs out.

Chizz said:

I think an owner with deep pockets would be preferable to one with "bottomless" pockets. We had one of those before Roland took over. The problem with bottomless pockets is that the kash eventually runs out.

More likely to be brought by a Pocket-less Bottom !

JamesSeed said:

robinofottershaw said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

Your guess is as good as mine. Probably better.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.

The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.

Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers. 

I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.

robinofottershaw said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

Your guess is as good as mine. Probably better.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.

The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.

Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers. 

I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.

Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility? 

Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club. 

Bit of a Catch 22. 

JamesSeed said:

robinofottershaw said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

Your guess is as good as mine. Probably better.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.

The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.

Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers. 

I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.

Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility? 

Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club. 

Bit of a Catch 22. 

I sort of agree with your second point but not you questioning the first.

A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing! 

There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.

Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.

bobmunro said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

Your guess is as good as mine. Probably better.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.

The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.

Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers. 

I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.

Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility? 

Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club. 

Bit of a Catch 22. 

I sort of agree with your second point but not you questioning the first.

A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing! 

There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.

Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.

I genuinely get many of the points people are making. 
But I agree with your last point in particular. 
Normal rules don’t apply!

robinofottershaw said:

bobmunro said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

robinofottershaw said:

JamesSeed said:

The bottom line is he has to reduce the price if he wants to sell the club.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know. 

So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?

We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.

Seems to me they have two options:

1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed

If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.

Your guess is as good as mine. Probably better.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.

The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.

Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers. 

I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.

Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility? 

Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club. 

Bit of a Catch 22. 

I sort of agree with your second point but not you questioning the first.

A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing! 

There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.

Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.

Yep, bobmunro has put it much better than perhaps I did in my original note. You indicated earlier on James  that the Aussies aren't looking to raise extra funds to meet his asking price. Maybe if they sit in there long enough they will wear RD down, only time will tell. However, I think they would be playing a better hand if they made a show of being prepared to walk away. Am I being harsh in saying "they don't feel like credible buyers"? Lord knows!

Who knows. Certainly not me.

I only know that dealing with Roland is not straightforward. 
I also know that in order to walk away to make him to drop the price you’d have to hope that’d he’d act like a rational person. But he isn’t. 

Shocking that we’re now hoping the EFL, of all people, will come to our rescue.

happyvalley said:

1550, chocolate is introduced to Europe.

Hooray!