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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Valley27000
    Valley27000 Posts: 3,417
    Takeover after 9am?.
  • Valley11
    Valley11 Posts: 11,983
    Might just be me but feels like we could be reaching the end with RD
  • roseandcrown
    roseandcrown Posts: 7,587
    i am not fooling for it again. once bitten twice shy and all that. 
  • CharltonByBlood
    CharltonByBlood Posts: 1,900
    edited June 2019
    If Jim White had anything about him, he would let Charlton fans call in and have their say and stick it on Roland

    However he is so far up Roland’s arse he has not got the bottle to do that
  • JamesSeed
    JamesSeed Posts: 17,380
    CafcCrazy said:
    This has to be pressure from the prospective buyers, after that statement and then to suddenly pen a new deal. Something is close. 

    I agree, I think the takeover could be nearly there
    It was just classic negotiation by Lee and his agent. Go in asking for a big rise while your stock is high, after receiving derisory (insulting) offer from Roland. (No pay rise but performance linked bonuses. Eventually increased to 250k after outright rejection by Lee.)

    Roland melts down, throws toys out of pram, publishes inflammatory statement that just about leaves the door open. 

    Lee and agent reduce demands to the figure they probably always though was realistic in the first place (300-350k?)

    Aussies not involved in the deal, although may have passed on their admiration for Bowyer to Lieven.

    Aussies very happy to hear he’s signed extension. 
  • JamesSeed
    JamesSeed Posts: 17,380
    JamesSeed said:
    JamesSeed said:
    Heard slightly more positive news from Aussies just now. I was pretty despondent this morning, slightly less so now. At least they’re not completely out of the running. 
    I am greatful for anybody even remotely ITK to post on here. But a little less cryptically, would be better. Are you saying they are passing milestones with the acquisition, or are they now believe they can challenge a different takeover attempt?
    Apologies. I actually misunderstood something they said, meaning I thought they were struggling with finances. I would have rated their chances of buying the club at 5% at that time. Bit higher now. 
    Further positive news today, although I still think Dalman is favourite. 
  • Ferryman
    Ferryman Posts: 2,921
    Well that was an unnecessary sleepless night - when will this nightmare end?
  • roseandcrown
    roseandcrown Posts: 7,587
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    Heard slightly more positive news from Aussies just now. I was pretty despondent this morning, slightly less so now. At least they’re not completely out of the running. 
    I am greatful for anybody even remotely ITK to post on here. But a little less cryptically, would be better. Are you saying they are passing milestones with the acquisition, or are they now believe they can challenge a different takeover attempt?
    Apologies. I actually misunderstood something they said, meaning I thought they were struggling with finances. I would have rated their chances of buying the club at 5% at that time. Bit higher now. 
    Further positive news today, although I still think Dalman is favourite. 
    would you say either are close though? 
  • JamesSeed
    JamesSeed Posts: 17,380
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    Heard slightly more positive news from Aussies just now. I was pretty despondent this morning, slightly less so now. At least they’re not completely out of the running. 
    I am greatful for anybody even remotely ITK to post on here. But a little less cryptically, would be better. Are you saying they are passing milestones with the acquisition, or are they now believe they can challenge a different takeover attempt?
    Apologies. I actually misunderstood something they said, meaning I thought they were struggling with finances. I would have rated their chances of buying the club at 5% at that time. Bit higher now. 
    Further positive news today, although I still think Dalman is favourite. 
    would you say either are close though? 
    Well it’s gone very quiet on the Dalman front. So possibly ;-)
     
    Every time I post about the Aussies doing this, that or the other I can sense patience wearing thin on CL, understandably, even though my guess is it’s 80% down to Roland. 

    But yes, progress has been made in the last couple of days. 

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  • AllHailTheHen
    AllHailTheHen Posts: 3,063
    Mal said:
    Can't read the full article but that opening line really makes me angry. It's not Charlton that have done a U turn, it's our lunatic owner. I hate the fact he is even associated with our club
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    Still don’t see any signs that a takeover is close. Yes I’m sure that there is stuff going on but close why ? 

    RD still a mad as ever with yesterday’s antics and low budget in place. Think the nut job is here until at least January.
  • roseandcrown
    roseandcrown Posts: 7,587
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    JamesSeed said:
    Heard slightly more positive news from Aussies just now. I was pretty despondent this morning, slightly less so now. At least they’re not completely out of the running. 
    I am greatful for anybody even remotely ITK to post on here. But a little less cryptically, would be better. Are you saying they are passing milestones with the acquisition, or are they now believe they can challenge a different takeover attempt?
    Apologies. I actually misunderstood something they said, meaning I thought they were struggling with finances. I would have rated their chances of buying the club at 5% at that time. Bit higher now. 
    Further positive news today, although I still think Dalman is favourite. 
    would you say either are close though? 
    Well it’s gone very quiet on the Dalman front. So possibly ;-)
     
    Every time I post about the Aussies doing this, that or the other I can sense patience wearing thin on CL, understandably, even though my guess is it’s 80% down to Roland. 

    But yes, progress has been made in the last couple of days. 

    Thanks
  • JamesSeed
    JamesSeed Posts: 17,380
    edited June 2019

    Charlton have made an extraordinary U-turn by agreeing to double their offer of a new contract for Lee Bowyer just hours after branding the manager as greedy for rejecting a new deal.

    The former England midfield player has signed an amended one-year rolling contract to stay at the Valley next season with his salary increased to over £400,000 as recognition for his efforts in leading the club back to the Championship.

    The Charlton owner Roland Duchâtelet is understood to have had a change of heart yesterday evening after a backlash from fans following the club’s remarkable statement which denounced Bowyer’s wage demands and branded fellow Championship owners crazy for paying million-pound salaries. The Belgian contacted Bowyer at around 10pm last night asking him to stay with a contract worth almost double his previous offer, and a deal was quickly agreed.

    Bowyer had always wanted to stay at Charlton, where he made his name as a player and has impressed hugely in his first management job, stabilising the first-team as a caretaker following the sacking of Karl Robinson last year before leading them to promotion via the League One play-offs.

    “We went on a real journey last season,” Bowyer said in a statement this morning. “The club came together — the players, the staff, the fans and we achieved something special. The journey hasn’t finished yet and I’m delighted this has all been agreed.

    “This has been a long process and I never wanted to leave, I love this club. I’d like to thank the owner for giving me the initial opportunity and now for continuing to believe in me. We have a fantastic fan-base here and my focus continues to be getting our squad in the best possible shape for the Championship next season.”

    Charlton’s change of heart is remarkable, and took place around six hours after Duchâtelet authorised a statement Bowyer of making unreasonable wage demands that are not sustainable at the loss-making club. He has been seeking to sell Charlton for two years, and remains in talks with Cardiff chairman Mehmet Dalman over a potential takeover, and felt unable to offer more.

    “Lee has been offered a one-year extension to his contract at a level which is approximately three times what he had since his last increase when he became permanent manager in September [2018],” the statement read. “It is six times what he earned when he started as assistant manager in 2017 and 50% more than what any Charlton manager previously had (excluding the Premier League years). But Lee wanted much more.

    “The owner understands Lee’s point of view, because many Championship clubs pay huge amounts (some pay millions of £ per year) to their manager. It is fair that Lee feels he should be paid like many other Championship managers. The owners are crazy.”

    Did hear Lee’s £500k demand from a very good source. Probably always expecting to settle for less. 
  • superclive
    superclive Posts: 1,809
    can you say anymore on what you're hearing from the Aussies @JamesSeed
  • se9addick
    se9addick Posts: 32,034
    How else can that bizarre statement last night be suddenly retracted in its entirety and Bowyer suddenly be signed up, happy and thanking Roland.  

    A. Roland was visited by three ghosts and woke up a changed man.
    B. External powers sticking their ore in.

    Is this finally the end of him?!
    The ghost of relegations past! 
  • Solidgone
    Solidgone Posts: 10,207
    It’s happening...hang on to your hats!
  • JamesSeed
    JamesSeed Posts: 17,380
    can you say anymore on what you're hearing from the Aussies @JamesSeed
    Well I’m frustrated by how long it’s taking, but it sounds like technical stuff to do with shifting money and proof of funds around. Disadvantage of consortia possibly. 
    I still expect Dalman to nip in any day now. 
  • A 10pm phone call after that rant on the website? The current owner does not seem to be someone who questions his own judgement so it does seem to me as though someone helped him see reason. My hope is that someone involved in one of the takeovers let it be known that Bowyer was part of the package being negotiated, so if he went the deal would have to be redrawn.  I can't think of any other reason why he would do such a sudden u-turn. Also makes me wonder how close any deal is if he was panicked into a late-night call when he could otherwise have just let negotiations drag on. Fingers being crossed. 
  • JamesSeed
    JamesSeed Posts: 17,380
    edited June 2019
    Reading the Times article, doesn’t it look like fan power won Bowyer the pay rise!?
    Hats off CL and Twitter!
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  • lancashire lad
    lancashire lad Posts: 15,626
    JamesSeed said:
    Reading the Times article, doesn’t look like fan power won Bowyer the pay rise!?
    why what did it say please, as I was only able to read the first part
  • CharltonKerry
    CharltonKerry Posts: 2,958
    For those who haven’t seen the times artical

    From behind the Times Paywall

    Charlton have made an extraordinary U-turn by agreeing to double their offer of a new contract for Lee Bowyer just hours after branding the manager as greedy for rejecting a new deal.

    The former England midfield player has signed an amended one-year rolling contract to stay at the Valley next season with his salary increased to over £400,000 as recognition for his efforts in leading the club back to the Championship.

    The Charlton owner Roland Duchâtelet is understood to have had a change of heart yesterday evening after a backlash from fans following the club’s remarkable statement which denounced Bowyer’s wage demands and branded fellow Championship owners crazy for paying million-pound salaries. The Belgian contacted Bowyer at around 10pm last night asking him to stay with a contract worth almost double his previous offer, and a deal was quickly agreed.

    Bowyer had always wanted to stay at Charlton, where he made his name as a player and has impressed hugely in his first management job, stabilising the first-team as a caretaker following the sacking of Karl Robinson last year before leading them to promotion via the League One play-offs.

    “We went on a real journey last season,” Bowyer said in a statement this morning. “The club came together — the players, the staff, the fans and we achieved something special. The journey hasn’t finished yet and I’m delighted this has all been agreed.

    “This has been a long process and I never wanted to leave, I love this club. I’d like to thank the owner for giving me the initial opportunity and now for continuing to believe in me. We have a fantastic fan-base here and my focus continues to be getting our squad in the best possible shape for the Championship next season.”

    Charlton’s change of heart is remarkable, and took place around six hours after Duchâtelet authorised a statement Bowyer of making unreasonable wage demands that are not sustainable at the loss-making club. He has been seeking to sell Charlton for two years, and remains in talks with Cardiff chairman Mehmet Dalman over a potential takeover, and felt unable to offer more.

    “Lee has been offered a one-year extension to his contract at a level which is approximately three times what he had since his last increase when he became permanent manager in September [2018],” the statement read. “It is six times what he earned when he started as assistant manager in 2017 and 50% more than what any Charlton manager previously had (excluding the Premier League years). But Lee wanted much more.

    “The owner understands Lee’s point of view, because many Championship clubs pay huge amounts (some pay millions of £ per year) to their manager. It is fair that Lee feels he should be paid like many other Championship managers. The owners are crazy.”

  • superclive
    superclive Posts: 1,809
    JamesSeed said:
    can you say anymore on what you're hearing from the Aussies @JamesSeed
    Well I’m frustrated by how long it’s taking, but it sounds like technical stuff to do with shifting money and proof of funds around. Disadvantage of consortia possibly. 
    I still expect Dalman to nip in any day now. 
    thanks for the update much appreciated. so one way or another it sounds as if it could be close. it's going to be a rolandesque u turn from dalman if he ends up leaving Cardiff after last weeks statement 
  • ForeverAddickted
    ForeverAddickted Posts: 94,305
    JamesSeed said:
    Reading the Times article, doesn’t look like fan power won Bowyer the pay rise!?
    why what did it say please, as I was only able to read the first part
    Has been pasted into the second post on Pg.8

    http://forum.charltonlife.com/discussion/86015/breaking-news-again-lee-bowyer-signs-new-contract#latest
  • bobmunro
    bobmunro Posts: 20,843
    edited June 2019
    JamesSeed said:
    can you say anymore on what you're hearing from the Aussies @JamesSeed
    Well I’m frustrated by how long it’s taking, but it sounds like technical stuff to do with shifting money and proof of funds around. Disadvantage of consortia possibly. 
    I still expect Dalman to nip in any day now


    Unless the DD hasn't been completed, the offer hasn't been accepted, or there are issues with funds (which is unlikely with Dalman), then why wait? For the Aussies, it has always been felt (and with some justification) that funding was the issue.

    Key players are out of contract in 12 days and the transfer market is about to explode. Waiting risks missing opportunities.

    I'm a fully signed up member of WIOTOS - anything else is conjecture and I fear we are still a way off from any deal being finalised.  

  • happyvalley
    happyvalley Posts: 8,996
    1758, The first patent of a one-piece pencil with attached eraser is given to American inventor J. Rechendorf.
  • The Red Robin
    The Red Robin Posts: 26,126
    JamesSeed said:
    Reading the Times article, doesn’t look like fan power won Bowyer the pay rise!?
    That's the exact opposite of what The Times article says. 
  • Jints
    Jints Posts: 3,491
    Guardian reporting in much the same terms
  • JamesSeed
    JamesSeed Posts: 17,380
    JamesSeed said:
    Reading the Times article, doesn’t look like fan power won Bowyer the pay rise!?
    why what did it say please, as I was only able to read the first part
    I copied and pasted it above
  • JamesSeed
    JamesSeed Posts: 17,380
    Roland on Talksport now. 
This discussion has been closed.