The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

RodneyCharltonTrotta said:

Redrobo said:

Addickted said:

JamesSeed said:

Scoham said:

Someone posted in the same thread "The Aussies have pulled out lack of funding".

Not according to Gerard just now. 
By the sounds of all the rumours you’d think Dalman must be ahead though.
Have no other info at the moment.

Of course the Aussies don't have the funding, otherwise they would have bought the Club two years ago.

Be honest, you don’t have any evidence to make this claim, do you?

I would suggest that they have their price and terms for purchase and will not shift from it. 

I would further suggest that the reason we have not got new owners lies firmly with Roland, and not with the Aussies, or any of the professional businessmen, that have tried.

That's the point though...what sensible business people would buy a football club these days....none in terms of a pure business decision.

Most clubs are loss making season to season

Ways to make money owning clubs in modern football appear to be limited to:

1) buy one of the few profit generating (I imagine) super clubs like Barcelona, Madrid etc

2) Invest own money or leverage the purchase and future investment against your own private company charging interest gambling at seeing a return by getting to the top flight and cashing in by someone willing to gamble on taking it to the next level ie champion's league ...very low odds and an increasingly competitive league extend these odds

3) asset stripping/ land sale - unlikely and commercial property investment would yield a greater return without anywhere near the same amount of headaches as doing it at a living breathing football clubs.


So if football clubs aren't bought on business decisions that leaves you with owners whose rationale for buying and funding is:

1) passion for that particular club...ie local boy done well...rare as hens teeth in England now the level of wealth required

2) ego trippers - the Tan types

3) genuine decent types like Leicester's late owner who will invest in the concept and the town and its people....even rarer than point 1

4) lunatics who see a new rule like FFP to be exploited and spend years stubbornly trying to instil a failed experiment and protracted sale (mentioning no names)

5) consortia of random investors sold on a return that will soon become apparent doesn't exist a la Kevin Cash

6) Man city types who have so much perpetual wealth they can take tens of millions of losses for seasons on end until an equilibrium is reached and the balance tilts so they can then buy the trophies in perpetuity- rare again

Any sensible business person would not buy a club as a sensible investment alone.

And whether their motivations and objectives are aligned with the supporters and what is good for the long and short term future of that club appears to be incidental on an increasing basis across the English game.

Henry Irving said:

CharltonByBlood said:

cashncarry said:

Scoham said:

JamesSeed said:

Scoham said:

Someone posted in the same thread "The Aussies have pulled out lack of funding".

Not according to Gerard just now. 
By the sounds of all the rumours you’d think Dalman must be ahead though.
Have no other info at the moment. 

If all the rumours were true we’d have probably been taken over about 50 times by now. The Aussies would have completed most of them.

Do you really still believe after 2 years Aussies are still interested 

I reckon they are still interested 

but I also reckon they are fking skint

Based on?

Muir alone has the money to buy and run the club.

We don't even know who the other Indian and US partners are so can have no clue as to how rich or "skint" they are.

I don't know how much money they have collectively so how I'm asking a genuine question. How do we know they don't have the money?

Another point.

Duchatelet is the big problem, is and always has been.

But the other significant issue for me is too many intermediaries, brokers and representatives on all sides muddying the waters.

Incompetent Meire and Incompetent De Turck for RD.

 Murray claiming to know what the other ex-directors wi take when he doesn't speak for them.

The Aussies and the international group having paid brokers leading on deals.

It means buyer never talks to seller direct.  Everyone has their angle, their interests, their cut to think about.

Henry Irving said:

CharltonByBlood said:

cashncarry said:

Scoham said:

JamesSeed said:

Scoham said:

Someone posted in the same thread "The Aussies have pulled out lack of funding".

Not according to Gerard just now. 
By the sounds of all the rumours you’d think Dalman must be ahead though.
Have no other info at the moment. 

If all the rumours were true we’d have probably been taken over about 50 times by now. The Aussies would have completed most of them.

Do you really still believe after 2 years Aussies are still interested 

I reckon they are still interested 

but I also reckon they are fking skint

Based on?

Muir alone has the money to buy and run the club.

We don't even know who the other Indian and US partners are so can have no clue as to how rich or "skint" they are.

I don't know how much money they have collectively so how I'm asking a genuine question. How do we know they don't have the money?

Another point.

Duchatelet is the big problem, is and always has been.

But the other significant issue for me is too many intermediaries, brokers and representatives on all sides muddying the waters.

Incompetent Meire and Incompetent De Turck for RD.

 Murray claiming to know what the other ex-directors wi take when he doesn't speak for them.

The Aussies and the international group having paid brokers leading on deals.

It means buyer never talks to seller direct.  Everyone has their angle, their interests, their cut to think about.

Stu_of_Kunming said:

Covered End said:

If they have adequate funds they are willing to invest, why are they still asking for investors after 2 years?
Who advertises for investors if they are not needed?
I saw a recent request but can't recall where. 

Don't they still have an active website touting for investors?

Apparently they were also looking for investors not long after filing initial paperwork with the EFL, suggesting financing wasn't fully in place then, either.

JamesSeed said:

Wasn’t expecting to cause such a stir. A couple of you need to calm down a bit. 

For info, Murphy sometimes calls me, and I haven’t called him for three weeks. 

I sent him a Whats App last night, because of all the rumours flying around, asking if they’d pulled out. He said they haven’t. 

And that’s it. 

To be honest I’m pretty bored with all the transfer talk, and I don’t even have a preference as to who buys the club. If the Aussies don’t have funding to buy the club and run it properly for five years I’d rather someone else did. But as Henry said, we don’t really know the facts at the current time. 

We’ve heard good and bad things about Dalman, but he has genuine relevant experience in high level football, and clearly isn’t another spiv - but he is what you’d call a football man. Wouldn’t be disappointed at all if he bought the club. 

J BLOCK said:

JamesSeed said:

Wasn’t expecting to cause such a stir. A couple of you need to calm down a bit. 

For info, Murphy sometimes calls me, and I haven’t called him for three weeks. 

I sent him a Whats App last night, because of all the rumours flying around, asking if they’d pulled out. He said they haven’t. 

And that’s it. 

To be honest I’m pretty bored with all the transfer talk, and I don’t even have a preference as to who buys the club. If the Aussies don’t have funding to buy the club and run it properly for five years I’d rather someone else did. But as Henry said, we don’t really know the facts at the current time. 

We’ve heard good and bad things about Dalman, but he has genuine relevant experience in high level football, and clearly isn’t another spiv - but he is what you’d call a football man. Wouldn’t be disappointed at all if he bought the club. 

Appreciate you posting what you hear James.

What negative things have we heard about Dalman btw? For me he looks a sound choice.

J BLOCK said:

JamesSeed said:

Wasn’t expecting to cause such a stir. A couple of you need to calm down a bit. 

For info, Murphy sometimes calls me, and I haven’t called him for three weeks. 

I sent him a Whats App last night, because of all the rumours flying around, asking if they’d pulled out. He said they haven’t. 

And that’s it. 

To be honest I’m pretty bored with all the transfer talk, and I don’t even have a preference as to who buys the club. If the Aussies don’t have funding to buy the club and run it properly for five years I’d rather someone else did. But as Henry said, we don’t really know the facts at the current time. 

We’ve heard good and bad things about Dalman, but he has genuine relevant experience in high level football, and clearly isn’t another spiv - but he is what you’d call a football man. Wouldn’t be disappointed at all if he bought the club. 

Appreciate you posting what you hear James.

What negative things have we heard about Dalman btw? For me he looks a sound choice.

RodneyCharltonTrotta said:

JamesSeed said:

Addickted said:

JamesSeed said:

Scoham said:

Someone posted in the same thread "The Aussies have pulled out lack of funding".

Not according to Gerard just now. 
By the sounds of all the rumours you’d think Dalman must be ahead though.
Have no other info at the moment.

Of course the Aussies don't have the funding, otherwise they would have bought the Club two years ago.

Probably, but we won’t actually know until either they buy the club, or pull out. The rest is speculation and rumour. 

No disrespect meant to you James as you are only passing on what you are told but from the snippets of info on here over the years it sounds like their model would be very risky ie a consortium of random  money who will either make every decision by committee or just be in it to make a return....which is not easily achievable.

Concern would be that when the penny dropped some of the financers would lose interest and pull their cash/ block any further investment like the conclusion of the Kevin Cash era.

Muir in his on right has the wealth to buy and fund outright but as a sensible businessman will want to spread that risk amongst others....from my outside observation it appears a consortium of random investors (?) rather than a group of wealthy people with a keen shared football vision for our club that may have initially existed at the outset.

Could be completely wrong and am only going on what I've learned on here but the model I understand from that gives me the concerns about it's viability and longevity and the outcome if one of many recruited investors lose interest/ realise it isn't the return they were sold (happened to Cash who then dropped us like a hot potato ).

happyvalley said:

1795, The British Navy introduce daily rations of lemon juice to help combat scurvy.

Henry Irving said:

cashncarry said:

Scoham said:

JamesSeed said:

Scoham said:

Someone posted in the same thread "The Aussies have pulled out lack of funding".

Not according to Gerard just now. 
By the sounds of all the rumours you’d think Dalman must be ahead though.
Have no other info at the moment. 

If all the rumours were true we’d have probably been taken over about 50 times by now. The Aussies would have completed most of them.

Do you really still believe after 2 years Aussies are still interested 

Whether you want the Aussies or not all the evidence, from NLA, from LDT, from JS, suggests strongly they are still interested.