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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • KiwiValley
    KiwiValley Posts: 3,379
    2148: 150 year anniversary of the play off win over Sunderland (1998).
  • RodneyCharltonTrotta
    RodneyCharltonTrotta Posts: 14,827
    i_b_b_o_r_g said:
    His Royal Shiekness meeting the Serbian Ambassador to Hungary tonight. 
    Taking over Ujpest n'all. Buy one get one free Duchatelet firesale.
  • soapy_jones
    soapy_jones Posts: 21,348
    Well if the Chinese and Serbian ambassadors are involved along with these beauties, it must be a done deal!


  • ForeverAddickted
    ForeverAddickted Posts: 94,288
    i_b_b_o_r_g said:
    His Royal Shiekness meeting the Serbian Ambassador to Hungary tonight. 
    Hmmm are we sure it wasnt Roland in a tea towel trying to drum up interest for Ujpest too?
  • CheshireAddick
    CheshireAddick Posts: 1,304
    Airman Brown said:
    CheshireAddick said:
    Airman Brown said:
    Davo55 said:
    Does anyone know if the ex-Director creditors have been approached by ESI with an offer to buy out the debts?

    It's possible that it's ESI stalling, rather than the EFL, to get clean title first.
    This was done well in advance of the announcement, but obviously the money won’t be paid prior to EFL approval. I don’t believe we are within the anticipated timescales, because they began before November 29th, and are now being stretched for PR purposes.
    What do you mean by being stretched for PR purposes?. What is it you know or understand?
    From a PR perspective you want everything to look smooth and under control, which benefits the public image of your clients. You don't want any suggestion that they are struggling to get the deal over the line, if that is the case. 

    The EFL has more mixed interests, because it knows that fans will blame them for holding things up if they believe everything is in place and there is no reason to delay. As I said earlier, RD is banging the table and demanding the EFL get it done. He is threatening to go public. They are not within his timescale.

    My view, for the time being anyway, is let the EFL do their job. But the rules actually say, I believe, that bidders should give the EFL ten days' notice or similar. The EFL didn't find out about it on November 29th.
    Thanks Airman for clarifying 
  • Redrobo
    Redrobo Posts: 11,330
    Arsenetatters said:
    Redrobo said:
    If they are super confident that everything is fine and they can get it through at anytime, then timing could be planned.

    I can think of some advantages as long as the scouting and contacts have been made to make the signings we would like. It would create a wave of support and enthusiasm and drive us forward.
    I like this idea. It would fit in with all the Instagram posts. I think people ITK may be aware of this 😉
    What I like about this thought is that it is pissing off Rolly and he is still paying out for everything.
  • shine166
    shine166 Posts: 13,914
    blackpool72 said:
    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
    We’re fucking skint
    we’re fucking skint 
    We’re fucking skint
    we’re fucking skint 
    We’re fucking skint
  • WhenIwasLittleBoy
    WhenIwasLittleBoy Posts: 5,430
    Airman Brown said:
    CheshireAddick said:
    Airman Brown said:
    Davo55 said:
    Does anyone know if the ex-Director creditors have been approached by ESI with an offer to buy out the debts?

    It's possible that it's ESI stalling, rather than the EFL, to get clean title first.
    This was done well in advance of the announcement, but obviously the money won’t be paid prior to EFL approval. I don’t believe we are within the anticipated timescales, because they began before November 29th, and are now being stretched for PR purposes.
    What do you mean by being stretched for PR purposes?. What is it you know or understand?
    From a PR perspective you want everything to look smooth and under control, which benefits the public image of your clients. You don't want any suggestion that they are struggling to get the deal over the line, if that is the case. 

    The EFL has more mixed interests, because it knows that fans will blame them for holding things up if they believe everything is in place and there is no reason to delay. As I said earlier, latesRD is banging the table and demanding the EFL get it done. He is threatening to go public. They are not within his timescale.

    My view, for the time being anyway, is let the EFL do their job. But the rules actually say, I believe, that bidders should give the EFL ten days' notice or similar. The EFL didn't find out about it on November 29th.
    Don’t buy that, this is the same EFL that took three weeks to agree the Hamed transfer.They are a flawed organisation and needs a full overhaul from top to bottom. Even the stupid woman, who was in temporary charge of the EFL at the play offs when she went to shake Chris Solly’s hand said well played, he wasn’t even in the squad, shows how much attention she paid. 
    They continually failed clubs, players and fans by letting spivs run clubs and ruin them. 
    I cant see how this latest comment of RD is banging a table and threatening to go public has come from. No one can second guess him and I think it is just whipping up hysteria again which we don’t need. The man is a billionaire and this money is just topping up the pension fund.
    This is also a major transaction in terms of money as well as the number of people involved from the consortium to past directors and I would imagine that there is paperwork that has to be signed off by all parties before anything can be announced.
  • Leaburn Forever
    Leaburn Forever Posts: 351
    Dazzler21 said:
    Took a few days for Bolton's takeover. Funny that the EFL have ranged from days to months.
    That's cos the EFL are Palace fans 😔
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  • CAFCsayer
    CAFCsayer Posts: 10,222
    Redrobo said:
    If they are super confident that everything is fine and they can get it through at anytime, then timing could be planned.

    I can think of some advantages as long as the scouting and contacts have been made to make the signings we would like. It would create a wave of support and enthusiasm and drive us forward.
    I don't think so... If this was the case, why not do it 5th December
  • Dansk_Red
    Dansk_Red Posts: 5,726
    If the deal is to be paid in sterling, RD is making money with the rise of the pound since last Thursday.
  • CheshireAddick
    CheshireAddick Posts: 1,304
    Could the reason for Bowyer's 'strange' comment be that the new owner is only worth 'several hundred million' and not 'billions' and therefore cannot get messi and co as first thought??
  • bolloxbolder
    bolloxbolder Posts: 7,958
    I-SAW-POUSO-PLAY said:
    https://www.telegraph.co.uk/football/2019/12/18/charlton-athletic-takeover-remains-track-consortium-questioned/
    Sounds promising to me.
  • _MrDick
    _MrDick Posts: 13,103
    I-SAW-POUSO-PLAY said:
    https://www.telegraph.co.uk/football/2019/12/18/charlton-athletic-takeover-remains-track-consortium-questioned/
    That’ll do for me 🤞
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    That sounds promising and the first time I’ve seen TN’s personal wealth mentioned. Is several hundred million enough ? or does he have the Sheiks backing ?
  • Henry Irving
    Henry Irving Posts: 85,211
    I-SAW-POUSO-PLAY said:
    https://www.telegraph.co.uk/football/2019/12/18/charlton-athletic-takeover-remains-track-consortium-questioned/

    "The Abu Dhabi consortium set to take over at Charlton Athletic was questioned by the English Football League over the extent of its links with the owners of Manchester City, the Daily Telegraph understands.

    East Street Investments, headed up by two executives from the private office of one of the six ruling families, has subsequently provided proof that funds available for the club are private and unrelated to those of Sheikh Mansour at City. Tahnoon Nimer, a majority shareholder worth several hundred million pounds, is understood to have handed over evidence which effectively rules out any "dual ownership" issues with the Premier League champions after directors' test interviews last week."


    Seems to back up the view that it's not the proof of funds but the source of funds that has been the sticking point.


    And not the EFL to blame either.


    But of course we don't know where the Telegraph got this version of events.

  • razil
    razil Posts: 15,041
    Seems clear they are trying to establish separation between the two for obvious reasons
  • RedChaser
    RedChaser Posts: 19,885
    I-SAW-POUSO-PLAY said:
    https://www.telegraph.co.uk/football/2019/12/18/charlton-athletic-takeover-remains-track-consortium-questioned/
    And there you have it. Not WIOTOS just yet but it's a positive update in the national press and getting closer.
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  • JamesSeed
    JamesSeed Posts: 17,380
    I think the next two weeks..... aw, fuhgettit...
  • RedChaser
    RedChaser Posts: 19,885
    edited December 2019
    razil said:
    Seems clear they are trying to establish separation between the two for obvious reasons
    Of course but it's difficult to detect a brown envelope, having said that I'm sure his Excellency will is of the utmost integrity.
  • Rothko
    Rothko Posts: 18,800
    That’s come from ESI, no where else
  • J BLOCK
    J BLOCK Posts: 8,309
    Rothko said:
    That’s come from ESI, no where else
    Reassuring us the only hitch seems to have been sorted (from there side) - if so, this should be done and dusted very soon. 
  • Henry Irving
    Henry Irving Posts: 85,211
    BigRedEvil said:
    Sounds like the end game here is City will be sold on at some point (started last month with the US investment) and we'll eventually become Sheikh Mansours number one club who go on to dominate European football for decades 
    Oh my gawd how terrible, all those trophies, what would we moan about?
  • Henry Irving
    Henry Irving Posts: 85,211
    Rothko said:
    That’s come from ESI, no where else
    More than likely. Them or the EFL.
  • ForeverAddickted
    ForeverAddickted Posts: 94,288
    Hopefully the investigation ran as far as the below questions:

    EFL: Is your money in anyway linked with those who run Man City
    ESI: No
    EFL: Okay thank you, we'll be in touch
  • harveys_gardener
    harveys_gardener Posts: 7,038
    edited December 2019
    Doubt the EFL has the expertise to fully investigate ESI finances (global trust) so why the delay?  This is now starting to impinge on our ability to compete in the transfer window.
  • CAFCsayer
    CAFCsayer Posts: 10,222
    Still think Nimer's wealth there is a deliberate red herring... Says he is "understood to have handed over evidence which effectively rules out any "dual ownership" issues with the Premier League champions". Saeed and Mansour are family, but both have billions in the bank of their own accord. The only spin we have is that Nimer is investing his own money... I believe he probably is, a bit, but I think the main money man is the Sheikh, and at no point has this been denied. 
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