Just my view (I am not, in any way, in the know), but I think the Aussies have been looking for a way out (WITHOUT LOSING FACE!) for some time now.
Probably, the consortium fell apart after first doing due diligence, not because of price, but the actual day-to-day costs of running a professional football club.
They don't want to be seen as the bad guys. (What was the name of Muir's electrical company again???) So, they have been presenting continuous "problems" over the last 2 years. (Whether that be the make-up of the consortium, "failing to provide documents to the EFL", the decor in the board room, whether the pitch is South facing, blah, blah, blah...) That way, they can prepare a nice statement, explaining why they are walking away, making it seem they are such a nice bunch, and it was circumstances that made them walk away, rather than a lack of will or resources...
If they are Two Chalets preferred bidder, all other potential purchasers are probably being told by LDV, Two Chalets, or somebody else we don't know about, that they will have to wait to see if the Aussies can actually get a deal across the line...
This may just be Mehmet's attempt to say "Sh1t, or get off the pot"...
Airman states in his latest VotV blog that the reported sales of CAFC in the £30-37M range do not include substantial payments upon any future promotion or perhaps player sell-on fees. And that the free and clear price is quoted as much higher. No way is RD walking away, writing-off £30-40M in debt now that we are in the Championship when we was unwilling to do so in League One.
wouldn't that come under third party ownership which isn't allowed over here?
Because Duchatelet made about 10 million from Batshuayi's second transfer after leaving Standard, from Marseille to Chelsea for 33 million I firmly believe that he assumed the same practice happened in England as we are all in the EU ( at the moment) Roland either doesn't read the small print on contracts and the Rules of English football or his Lawyers don't pass on the info. That's why we are having the Ex director loan fiasco and Duchatelet being surprised about the Fair play rules being altered.
Any business man who doesn't do DD because the asking price is low (when RD purchased Cafc for a song) is going to get a lorry loads of trouble down the road.
This is what's come to fruition and why everyone is so frustrated.
From another site, apparently its not happening (Dalman that is). Well it was nice while it lasted....back to square one I guess, which will be The Aussies still hanging on in there.
From another site, apparently its not happening (Dalman that is). Well it was nice while it lasted....back to square one I guess, which will be The Aussies still hanging on in there.
If Dalman is off and The Aussies are nowhere near completing (if at all), with Bowyer and co out of contract, I believe tomorrow, or at least the deadline to sign is tomorrow, we could be going into the weekend with RD still the owner and LB and co. gone!! FFS!!
From another site, apparently its not happening (Dalman that is). Well it was nice while it lasted....back to square one I guess, which will be The Aussies still hanging on in there.
From another site, apparently its not happening (Dalman that is). Well it was nice while it lasted....back to square one I guess, which will be The Aussies still hanging on in there.
Or not.
Or not being The Aussies @JamesSeed? If they've gone as well then the game is up I feel.
If Dalman is off and The Aussies are nowhere near completing (if at all), with Bowyer and co out of contract, I believe tomorrow, or at least the deadline to sign is tomorrow, we could be going into the weekend with RD still the owner and LB and co. gone!! FFS!!
He’s contracted until June 30th
that “deadline” announced earlier include the week was just to stir shit up. It worked
Comments
Probably, the consortium fell apart after first doing due diligence, not because of price, but the actual day-to-day costs of running a professional football club.
They don't want to be seen as the bad guys. (What was the name of Muir's electrical company again???) So, they have been presenting continuous "problems" over the last 2 years. (Whether that be the make-up of the consortium, "failing to provide documents to the EFL", the decor in the board room, whether the pitch is South facing, blah, blah, blah...) That way, they can prepare a nice statement, explaining why they are walking away, making it seem they are such a nice bunch, and it was circumstances that made them walk away, rather than a lack of will or resources...
If they are Two Chalets preferred bidder, all other potential purchasers are probably being told by LDV, Two Chalets, or somebody else we don't know about, that they will have to wait to see if the Aussies can actually get a deal across the line...
This may just be Mehmet's attempt to say "Sh1t, or get off the pot"...
It's not often I'm close... But on this one I was #winning
Think it's a bloke, but these days who knows?
f5
Any business man who doesn't do DD because the asking price is low (when RD purchased Cafc for a song) is going to get a lorry loads of trouble down the road.
This is what's come to fruition and why everyone is so frustrated.
I genuinely don’t see why they are still trying.
https://en.wikipedia.org/wiki/Mehmet_Dalman
that “deadline” announced earlier include the week was just to stir shit up. It worked