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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • carly burn
    carly burn Posts: 19,453
    Be surprised if it doesn't get sorted but would never discount it all going tits.AGAIN!

    Why make a big song and dance 3 weeks ago if it was far from done?
    The last thing Charlton fans need is another kick in the bollocks
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    Valley11 said:
    Is the delay due to lack of funds then?
    I doubt it’s that exactly. I suspect it’s finding out exactly where the money is coming from.
  • soapboxsam
    soapboxsam Posts: 23,229
    Any Charlton fan who thought this would dovetail smoothly hasn't been following the story. Duchatelet told the EFL to buy Cafc and Charlton fans have been saying the EFL is not fit for purpose. 
    The grains of sand are trickling away for a championship offer contract to be made to  Taylor and Championship fit players to be purchased. 
    You can chill if you want to but having been Charltonized years ago I know when one door closes another Charlton door is waiting to slam in our face.

  • Todds_right_hook
    Todds_right_hook Posts: 10,877
    Valley11 said:
    Is the delay due to lack of funds then?
    It’s still within efl time frames, therefore not delayed....yet
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    Henry Irving said:
    killerandflash said:
    Goonerhater said:
    impossible question to get a definite answer to.The Rat had the funds but didnt mean he would invest.

    I wonder how far they looked into the Chelsea owners source of funding? Mind you when he put "Putins bag man" down it would have made most people tick the box 
    But he did though. Very badly, but he's covered 5 years of heavy losses.

    Throughout the shambles of his ownership, we've always paid the bills which is more than can be said for many other owners



    Disagree.

    Most owners pay the bills.

    Only a few don't and if can't they sell the club's.

    Other than Bury at league level.
    But he did invest, especially at first. We spent money on players without really selling players on for any significant value. 

    The last couple of years yes he has only paid the bills, but I'm with Killer on this one. Initiially he invested, just did so terribly. 
  • robroy
    robroy Posts: 4,425
    carly burn said:
    Be surprised if it doesn't get sorted but would never discount it all going tits.AGAIN!

    Why make a big song and dance 3 weeks ago if it was far from done?
    The last thing Charlton fans need is another kick in the bollocks

    This!!!!!
  • ForeverAddickted
    ForeverAddickted Posts: 94,288
    ShootersHillGuru said:
    Valley11 said:
    Is the delay due to lack of funds then?
    I doubt it’s that exactly. I suspect it’s finding out exactly where the money is coming from.
    Does this hint that Al Nayhan is involved
  • Bedsaddick
    Bedsaddick Posts: 24,725
    edited December 2019
    Looks like Matt Southall is going to be our very own Michael Knighton ( google it kids )
  • cafcfan1990
    cafcfan1990 Posts: 12,811
    ForeverAddickted said:
    ShootersHillGuru said:
    Valley11 said:
    Is the delay due to lack of funds then?
    I doubt it’s that exactly. I suspect it’s finding out exactly where the money is coming from.
    Does this hint that Al Nayhan is involved
    Not necessarily, I would imagine these funds are complex wherever they are coming from. 
  • Horsfield9
    Horsfield9 Posts: 3,082
    He's sending over a snap he's just taken , of a stash of readies , he's got in a box from under his bed.
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  • Covered End
    Covered End Posts: 51,982
    Scoham said:
    Henry Irving said:
    But someone on Facebook said it was done and there was an Instagram post, how can it have not happened?




    :wink:
    A few on Facebook are now saying they heard the EFL have rejected it.
    I believe you 100%, but I can't find those comments.
  • Scoham
    Scoham Posts: 37,373


  • Scoham
    Scoham Posts: 37,373
    I don’t believe it’s true but there they are.
  • Callumcafc
    Callumcafc Posts: 63,757
    People on the CAFC facebook making up nonsense. Well I never...
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    It all seems a bit weird if the EFL are not dragging their feet. Oh the joys of being an Addick!
  • harveys_gardener
    harveys_gardener Posts: 7,038
    Airman Brown said:
    cafcdave123 said:
    Airman Brown said:
    ShootersHillGuru said:
    Purely a guess but I would think a delay might be because of obtaining additional/ supporting evidence from the UAE. If it’s purely workload then that’s outrageous.
    It's not workload.
    So what is it?
    The EFL do not believe they have received what they would need to sign off the deal at this point. It's not been rejected, it just hasn't been accepted. No detail beyond that.
    FFS don't they know how to Google?
  • harveys_gardener
    harveys_gardener Posts: 7,038
    Red_Pete_in_Dubai said:
    Banks in the UAE follow the same anti money laundering rules as most of the rest of the world, so it shouldn't be too difficult to obtain a letter from the appropriate UAE bank certifying the source of the funding to be used.

    There will, however, be a process involved in getting such a letter issued which will probably take a period of time to complete. Such documents tend to be signed off at a pretty high level in the bank, so it is not going to just happen. Hopefully we are just waiting for this certification to be completed.
    My ex company used to do KYC for Gibraltar investor and it was often same day approval. And this was in murky world of online gaming.

    So is it EFL holding it up or their bank?
  • Bedsaddick
    Bedsaddick Posts: 24,725
    That Facebook group is full of wind up merchants . “I’ve got a mate who heard “ bollocks .
  • DoctorCharlton
    DoctorCharlton Posts: 2,463
    Callumcafc said:
    People on the CAFC facebook making up nonsense. Well I never...
    I had to leave that page recently, I reckon there's probably 10 brain cells between all the members of that group.
  • lordromford
    lordromford Posts: 7,768
     Red_Pete_in_Dubai said:
    Banks in the UAE follow the same anti money laundering rules as most of the rest of the world, so it shouldn't be too difficult to obtain a letter from the appropriate UAE bank certifying the source of the funding to be used.

    There will, however, be a process involved in getting such a letter issued which will probably take a period of time to complete. Such documents tend to be signed off at a pretty high level in the bank, so it is not going to just happen. Hopefully we are just waiting for this certification to be completed.
    As I’m sure you know Pete, (probably better than I), paperwork in the UAE can take forever due to red tape/jobsworth attitudes etc.
    However, as I’m sure you also know, influential people in the UAE - particularly those with links to royalty - are able to bypass an awful lot of the red tape etc with a simple word in the right ear.
    If this is a paperwork issue, I can’t see that it would take too long, considering Nimer’s connections.
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  • cfgs
    cfgs Posts: 11,476
    Scoham said:


    I have read somewhere that the takeover is off.....  can't remember where.
  • Return of the SE7
    Return of the SE7 Posts: 518
    RedPanda said:
    Return of the SE7 said:
    ShootersHillGuru said:
    Purely a guess but I would think a delay might be because of obtaining additional/ supporting evidence from the UAE. If it’s purely workload then that’s outrageous.
    RD wants the extra income from half season ticket sales after EFL approval.

    I'm not sure about that, if say £50m has been agreed then he won't then get £50m + a few gate receipts and half STs.
    I was joking
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    edited December 2019
    If the EFL have said the process is still within the expected time frame, why do people think it's weird and looking for an ulterior motive? Or have I missed something?
  • Henry Irving
    Henry Irving Posts: 85,212
    i_b_b_o_r_g said:
    If the EFL have said the process is still within the expected time frame, why do people think it's weird and looking for an ulterior motive? Or have I missed something?
    The EFL haven't said that or anything at all.

    ESI have but only via the media.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Henry Irving said:
    i_b_b_o_r_g said:
    If the EFL have said the process is still within the expected time frame, why do people think it's weird and looking for an ulterior motive? Or have I missed something?
    The EFL haven't said that or anything at all.

    ESI have but only via the media.
    Sorry, my mistake, but I still see that as a positive 
  • _MrDick
    _MrDick Posts: 13,103
    cfgs said:
    Scoham said:


    I have read somewhere that the takeover is off.....  can't remember where.
    These people have probably read @a@"Airman Brown" tweet, put two and two to together and come up with ‘I’ve heard the takeover is off’ #TeamWIOTOS
  • Uboat
    Uboat Posts: 12,194
    i_b_b_o_r_g said:
    If the EFL have said the process is still within the expected time frame, why do people think it's weird and looking for an ulterior motive? Or have I missed something?
    Because the internet. 
  • stonemuse
    stonemuse Posts: 33,995
    cafcwill said:
    Isn't the end of the Belgian Tax year on the 1st of Jan

    If it is, that's why Roland is sweating and building himself up for a rant
    If that’s the case, and if it annoys him, I am happy to wait until first week of January. 
  • blackpool72
    blackpool72 Posts: 23,667
    Got a new song ready.



    We're not f#$#g rich
    We're not f#$#rich
    We're not f#$#g
    We're not f#%#g
    We're not f#%#g rich
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Another question - How would RD selling before the end of this tax year benefit him? Is it to write his off his losses? 
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