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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • blackpool72
    blackpool72 Posts: 23,669
    Palace away years ago I recorded the Charlton fans singing Simon Jordan is a wanker is a wanker is a wanker is a wanker. 
    Has he gone up in my estimation. I suppose he has .
    That's still my favourite ring tone though. 
  • Rothko
    Rothko Posts: 18,801
    You wait, if we become competitive again, he'll be the first to slag us off
  • Valley11
    Valley11 Posts: 11,983
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
  • KiwiValley
    KiwiValley Posts: 3,379
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    He heard you can watch the game from a sofa pitchside. He wants in.
  • Covered End
    Covered End Posts: 51,990
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    http://english.alarabiya.net/en/sports/2019/07/12/Why-the-Gulf-invests-in-football.html
  • happyvalley
    happyvalley Posts: 8,996
    Callumcafc said:
    The above raises an important question now Roland’s gone... what is our position on tango man?
    I'm down to only hating him now. It used to be detest & loathing.
  • superdulvertonred
    superdulvertonred Posts: 1,137
    Slowly warming to him often talks sense these days I must admit.
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  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    It’s perfectly possible to actually turn a profit in the Premier League now. Getting there is the key. I would say investing to reach the PL in five years could be the plan. Will be an interesting ride.
  • DOUCHER
    DOUCHER Posts: 7,898
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    My view is that London is the place to be and if you can’t get your hands on arsenal spurs Chelsea or West Ham then we r the next best - also, like buying Man City, the new owners can become heroes rather than have a weight of expectation - whilst we are the only team in south east London to have ever won anything, it ain’t much so there’s plenty of room for them to write new history and become the new club legends - love it - this is gonna b great 
  • The Red Robin
    The Red Robin Posts: 26,126
    ShootersHillGuru said:
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    It’s perfectly possible to actually turn a profit in the Premier League now. Getting there is the key. I would say investing to reach the PL in five years could be the plan. Will be an interesting ride.
    Maybe the Aussies could share their five year plan. 
  • bobmunro
    bobmunro Posts: 20,843
    The Red Robin said:
    ShootersHillGuru said:
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    It’s perfectly possible to actually turn a profit in the Premier League now. Getting there is the key. I would say investing to reach the PL in five years could be the plan. Will be an interesting ride.
    Maybe the Aussies could share their five year plan. 
    Just as an aside, has anyone told the Aussies that it's game over and there's no need to buy any more scarves?
  • Solidgone
    Solidgone Posts: 10,206
    Athletico Charlton said:
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    Move us from The Valley to a new ground on banks of the Thames over looking Canary Wharf.  Build a new stunning stadium with a huge stand that has views directly to Canary Wharf.  Fly your mates in your private jet to City Airport, spin them on a power boat along the Thames to the ground. Sit them down to watch a Champions League game whilst enjoying a view of the financial capital of Europe; head to the Dome for top class shopping and hire the Indigo for a private show from some mega popstar.  You win the ‘who has the biggest cock competition every time”.
    It becomes boring after awhile. 😉
  • bobmunro
    bobmunro Posts: 20,843
    Athletico Charlton said:
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    Move us from The Valley to a new ground on banks of the Thames over looking Canary Wharf.  Build a new stunning stadium with a huge stand that has views directly to Canary Wharf.  Fly your mates in your private jet to City Airport, spin them on a power boat along the Thames to the ground. Sit them down to watch a Champions League game whilst enjoying a view of the financial capital of Europe; head to the Dome for top class shopping and hire the Indigo for a private show from some mega popstar.  You win the ‘who has the biggest cock competition every time”.
    How comes you got to see the five-year plan first?
  • T_C_E
    T_C_E Posts: 16,418
    I used to be of an opinion that I wouldn’t pi55 on him if he was on fire, now I would! 😉
  • CafcWest
    CafcWest Posts: 6,167
    Very pleased RD is going, obviously.  But it’s early days yet and don’t want to get too excited by billionaire owners.  The name of the new owners is East Street Investments.  You normally invest with the aim of increasing the value of your investment and at some point taking your profits.  I think we should see how it all pans out over the next 3-6 months.  The January window will be the first indicator of intention and if they make some sort of statement of their goals and objectives.  We’ve been here before - the spivs with a cash in plan by moving to the Peninsula and Duchatelet with his experiment.  Both their own agendas.  Both looked OK early on...so only time will tell IMO.
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    Five year plan would be sensible. Any longer and the financial commitments start to become questionable. The equation is investing enough to achieve reaching the PL which would be considerable against the risk of failure. The real key for me assuming the above is the plan, is having the right manager. At this point everything points to Bowyer being the right man but he will have a great weight of expectation now. Championship survival is essential so I expect to see investment in January that we are not used to. 
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  • SomervilleAddick
    SomervilleAddick Posts: 3,575
    bobmunro said:
    Callumcafc said:
    The above raises an important question now Roland’s gone... what is our position on tango man?
    The same as it always has been. On occasion he says something that I agree with, in the same way that a stopped watch is right twice a day.

    That aside he is, and always will be, a stripey, two watch, tango tosser.
    Does he have two watches believing that it will make him right four times a day?
  • Crusty54
    Crusty54 Posts: 3,231
    Athletico Charlton said:
    Valley11 said:
    My only question, and excuse my probable ignorance, but why does a sheikh who has no interest in Charlton want to buy us? Is there some sort of tax break? Or is it just purely the ego trip of owning a London club? 
    Move us from The Valley to a new ground on banks of the Thames over looking Canary Wharf.  Build a new stunning stadium with a huge stand that has views directly to Canary Wharf.  Fly your mates in your private jet to City Airport, spin them on a power boat along the Thames to the ground. Sit them down to watch a Champions League game whilst enjoying a view of the financial capital of Europe; head to the Dome for top class shopping and hire the Indigo for a private show from some mega popstar.  You win the ‘who has the biggest cock competition every time”.
    Not a simple thing to do. The sites along the river are all being developed with tower blocks offering a far better return than a football stadium.
  • DOUCHER
    DOUCHER Posts: 7,898
    40000 can be achieved at the valley just by adding to what we have - that’s more than big enough in the short to mid term and I’m sure the whole valley site could go way bigger than that if we were to start re doing what we currently have - planning permitting 
  • blackpool72
    blackpool72 Posts: 23,669
    DOUCHER said:
    40000 can be achieved at the valley just by adding to what we have - that’s more than big enough in the short to mid term and I’m sure the whole valley site could go way bigger than that if we were to start re doing what we currently have - planning permitting 
    40k big enough in the short to mid term.lol
  • DOUCHER
    DOUCHER Posts: 7,898
    That would be the only downer for me - a move from the valley but I don’t see it’s necessary or likely - I’d be happy with an increase in season ticket prices - no probs with that - I’m willing to pay the going rate 
  • Valley27000
    Valley27000 Posts: 3,417
    DOUCHER said:
    That would be the only downer for me - a move from the valley but I don’t see it’s necessary or likely - I’d be happy with an increase in season ticket prices - no probs with that - I’m willing to pay the going rate 
    Could you see a 50,000 Valley long term?.
  • Henry Irving
    Henry Irving Posts: 85,220
    East St is the clue

    Buy up the rest of the low value industrial units in and around East(moor) St (bought 75% already) and build the new stadium there while the Valley gets a 4g pitch and becomes the U23/women's/community stadium.

    Jimmy Seed stand demolished to house the Community Trust and the new museum. That's what they told the museum so we'd agree to give up our 99 year lease.

    The new jubilee line extension from North Greenwich to Woolwich would have a stop at Charlton. London underground want it called Thames Barrier, new owners want it called Charlton Athletic. Expect a comprimise Charlton Riverside.
  • Athletico Charlton
    Athletico Charlton Posts: 14,273
    bobmunro said:
    How comes you got to see the five-year plan first?
    Did UberShare and who should get in but Rio Ferdinand, oh and The Valley is being retained to become home of the world beating womens football team. 

    Solidgone said:
    It becomes boring after awhile. 😉
    That is why every successful business person has an exit plan... surely you have learnt that by now.  😀

    hey, I have spent 4-5 years of RDs tenure dreaming of what could be!
  • DOUCHER
    DOUCHER Posts: 7,898
    Valley27000 said:
    DOUCHER said:
    That would be the only downer for me - a move from the valley but I don’t see it’s necessary or likely - I’d be happy with an increase in season ticket prices - no probs with that - I’m willing to pay the going rate 
    Could you see a 50,000 Valley long term?.
    It’s feasible is all I’m saying 
  • Gillis
    Gillis Posts: 998
    ShootersHillGuru said:
    Two interesting reads


    http://english.alarabiya.net/en/sports/2019/07/12/Why-the-Gulf-invests-in-football.html

    https://www.chroniclelive.co.uk/sport/football/football-news/middle-east-groups-interested-english-16354067
    From the second article:

    "It depends on the individual and the organisation and the resources they have. The riches of Sheikh Mansour mean there is a risk that every Middle East investor is going to be seen through a similar lens, but there is a spectrum, and Portsmouth's experience with Sulaiman al-Fahim lies at the opposite end, with most other investors somewhere in between.

    Whether Manchester City face serious sanctions for allegedly breaching financial fair play regulations may tell us a lot about the penalties for rule-breaking, but there can only be one Premier League winner each year and Sheikh Mansour has set the bar so high that almost every other investor is likely to fall short."

    Lots of assumptions from some about the amount that's going to be spent. We still don't know who's ultimately funding this takeover, or how much they're planning to invest.

    Probably better to reign in expectations to avoid potential disappointment, at least until more is known (I know, where's the fun in that?).

    All that matters at the moment is that Roland's (almost) gone, and he's never coming back.



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