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ESI: Thoughts so far?

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  • CAFCDAZ
    CAFCDAZ Posts: 1,198
    edited February 2020
    I see on twitter @JamesSeed had heard/seen/been informed that ESI were looking for more investors? Does this have any truth? He mentioned muir again so my curious if anything
  • Covered End
    Covered End Posts: 51,991
    He got it from this thread.
    https://forum.charltonlife.com/discussion/88211/ten-players-out-of-contract-at-end-of-this-season#latest
  • JamesSeed
    JamesSeed Posts: 17,380
    CAFCDAZ said:
    I see on twitter @JamesSeed had heard/seen/been informed that ESI were looking for more investors? Does this have any truth? He mentioned muir again so my curious if anything
    Muir would make sense. Has plenty of dosh. Doesn’t want to get over involved. Has the scarf. 
  • Valiantphil
    Valiantphil Posts: 6,410
    They offered LB a five year deal - both parties settled on 3. 
    Lyle was not sold in the window. 
    They have begun fan engagement. 

    What’s not to like ?
  • LargeAddick
    LargeAddick Posts: 32,559
    Why have Jacko and Andy Marshall not signed new deals yet I wonder?
  • grumpyaddick
    grumpyaddick Posts: 6,596
    Roland with expensive dental work and less money.
  • cabbles
    cabbles Posts: 15,255
    alburyaddick said:
    The deal works for Roland - he gets to keep the land/property which he had valued at £40m and charges rent ( presumably) to ESI 
    He stops incurring the annual £7-10m losses which was the bit that concerned him most.
    The deal works for ESI because they just fund the annual losses which is a bet on us getting promoted to the promised land within 5 years. 

    You would think that ESI would have had to sign a binding contract to acquire the ground within 6 months, but Roland’s probably not too worried about that either because the last thing he wants is a default so he ends up with the club back again and he’s retained the property as security anyway. 

    So you can see how it works for ESI and Roland - the big question will be how it works out for us fans. 
    Whilst the ownership of the property and the football club remain separated one of our worries would be a lack off investment into The Valley infrastructure. 
    Anyway let’s all hope that the acquisition of all the property assets is concluded within the 6 month period and we start to see the promised investment in the Valley and Sparrows Lane. 
    Probably because I’m an old cynic I wouldn’t be surprised if ESI fail to acquire the property and carry on as renters 
    Only time will tell 
    I have you about right Albury.  I think ESI have every intention of doing this right, they just don’t have the required/planned funding....yet.

    I find it odd they would’ve gone to Muir as it would seem to suggest they’ve started to exhaust their network maybe.  Time will tell 
  • bobmunro
    bobmunro Posts: 20,843
    cabbles said:
    alburyaddick said:
    The deal works for Roland - he gets to keep the land/property which he had valued at £40m and charges rent ( presumably) to ESI 
    He stops incurring the annual £7-10m losses which was the bit that concerned him most.
    The deal works for ESI because they just fund the annual losses which is a bet on us getting promoted to the promised land within 5 years. 

    You would think that ESI would have had to sign a binding contract to acquire the ground within 6 months, but Roland’s probably not too worried about that either because the last thing he wants is a default so he ends up with the club back again and he’s retained the property as security anyway. 

    So you can see how it works for ESI and Roland - the big question will be how it works out for us fans. 
    Whilst the ownership of the property and the football club remain separated one of our worries would be a lack off investment into The Valley infrastructure. 
    Anyway let’s all hope that the acquisition of all the property assets is concluded within the 6 month period and we start to see the promised investment in the Valley and Sparrows Lane. 
    Probably because I’m an old cynic I wouldn’t be surprised if ESI fail to acquire the property and carry on as renters 
    Only time will tell 
    I have you about right Albury.  I think ESI have every intention of doing this right, they just don’t have the required/planned funding....yet.

    I find it odd they would’ve gone to Muir as it would seem to suggest they’ve started to exhaust their network maybe.  Time will tell 

    Airman has indicated the people they've approached were not on the radar in 2019. So maybe not the Aussies - they've been around for about 30 years!
  • Athletico Charlton
    Athletico Charlton Posts: 14,273
    alburyaddick said:
    The deal works for Roland - he gets to keep the land/property which he had valued at £40m and charges rent ( presumably) to ESI 
    He stops incurring the annual £7-10m losses which was the bit that concerned him most.
    The deal works for ESI because they just fund the annual losses which is a bet on us getting promoted to the promised land within 5 years. 

    You would think that ESI would have had to sign a binding contract to acquire the ground within 6 months, but Roland’s probably not too worried about that either because the last thing he wants is a default so he ends up with the club back again and he’s retained the property as security anyway. 

    So you can see how it works for ESI and Roland - the big question will be how it works out for us fans. 
    Whilst the ownership of the property and the football club remain separated one of our worries would be a lack off investment into The Valley infrastructure. 
    Anyway let’s all hope that the acquisition of all the property assets is concluded within the 6 month period and we start to see the promised investment in the Valley and Sparrows Lane. 
    Probably because I’m an old cynic I wouldn’t be surprised if ESI fail to acquire the property and carry on as renters 
    Only time will tell 
    If ESI default he would not get the club back.  The club would just go bust and he would have the ground/training ground without the club.  He could choose to buy back the club I guess but why would he?
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  • JamesSeed
    JamesSeed Posts: 17,380
    cabbles said:
    alburyaddick said:
    The deal works for Roland - he gets to keep the land/property which he had valued at £40m and charges rent ( presumably) to ESI 
    He stops incurring the annual £7-10m losses which was the bit that concerned him most.
    The deal works for ESI because they just fund the annual losses which is a bet on us getting promoted to the promised land within 5 years. 

    You would think that ESI would have had to sign a binding contract to acquire the ground within 6 months, but Roland’s probably not too worried about that either because the last thing he wants is a default so he ends up with the club back again and he’s retained the property as security anyway. 

    So you can see how it works for ESI and Roland - the big question will be how it works out for us fans. 
    Whilst the ownership of the property and the football club remain separated one of our worries would be a lack off investment into The Valley infrastructure. 
    Anyway let’s all hope that the acquisition of all the property assets is concluded within the 6 month period and we start to see the promised investment in the Valley and Sparrows Lane. 
    Probably because I’m an old cynic I wouldn’t be surprised if ESI fail to acquire the property and carry on as renters 
    Only time will tell 
    I have you about right Albury.  I think ESI have every intention of doing this right, they just don’t have the required/planned funding....yet.

    I find it odd they would’ve gone to Muir as it would seem to suggest they’ve started to exhaust their network maybe.  Time will tell 
    We don't know they've gone to Muir. Just my speculation.
  • GreenhitheRed
    GreenhitheRed Posts: 537
    If they are looking at bringing in investors then surely this would be from their pool of Middle Eastern contacts that Nimer has. 

    I seem to remember reading a quote from MS that they would be looking to bring in sponsorship/investment from that region so would make sense. 
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948

    How long was it from when ESI's  involvement was first made public and 99.9% of Charlton fan’s dreams answered (simply seeing the back of RD), to some fans expecting every problem the Club faced during RD's reign, i.e. management contracts offered and signed - decent, permanent signings through the last part of January completed - more fan engagement - etc. - etc. to be completely put right I wonder?

    Looking at what HAS been achieved in that time, as opposed to what the expectations were back when the first ball was kicked, it’s an A* from me. Just a shame imo the take-over coincided with the back end of the horrendous injury crisis and a dismal run of results, so I think some fans decided to turn to the new owner for immediate answers, rather than think it was possibly the shit end of the stick they received from RD.

    I think it will be interesting going into the closed season to see what happens, but it’s all there to hope for, which is more than what it would have been under RD




  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    edited February 2020
    Bowyer has said that Taylor needs to see a couple of things happen at the club before he signs. We can probably guess what they are but even if we are wrong, it is surely going to relate to stability and growth. Challenging the top end rather than trying to stay up. I think this is a message to ESI. 

    I am looking at this and asking myself what they have actually done that wouldn't have happened under Roland. I would say it is one thing, getting Bowyer signed on a longer contract. Other than that there are some key questions that need answers. If we get the answers and they are positive ones, all good. If for instance, they don't purchase the whole of the club as they said they have a legal commitment to, I can't see the future being good.
  • Mametz
    Mametz Posts: 1,254
    edited February 2020
    MuttleyCAFC said:
    Bowyer has said that Taylor needs to see a couple of things happen at the club before he signs. We can probably guess what they are but even if we are wrong, it is surely going to relate to stability and growth. Challenging the top end rather than trying to stay up. I think this is a message to ESI. 

    I am looking at this and asking myself what they have actually done that wouldn't have happened under Roland. I would say it is one thing, getting Bowyer signed on a longer contract. Other than that there are some key questions that need answers. If we get the answers and they are positive ones, all good. If for instance, they don't purchase the whole of the club as they said they have a legal commitment to, I can't see the future being good.
    I don’t think we would have kept Taylor under Roland and the P’boro chairman confirmed that we met their asking price to talk to Maddison, reportedly £700,000. That is about £650,000 more than Roland would have offered.
  • bazjonster
    bazjonster Posts: 2,875
    bobmunro said:
    cabbles said:
    alburyaddick said:
    The deal works for Roland - he gets to keep the land/property which he had valued at £40m and charges rent ( presumably) to ESI 
    He stops incurring the annual £7-10m losses which was the bit that concerned him most.
    The deal works for ESI because they just fund the annual losses which is a bet on us getting promoted to the promised land within 5 years. 

    You would think that ESI would have had to sign a binding contract to acquire the ground within 6 months, but Roland’s probably not too worried about that either because the last thing he wants is a default so he ends up with the club back again and he’s retained the property as security anyway. 

    So you can see how it works for ESI and Roland - the big question will be how it works out for us fans. 
    Whilst the ownership of the property and the football club remain separated one of our worries would be a lack off investment into The Valley infrastructure. 
    Anyway let’s all hope that the acquisition of all the property assets is concluded within the 6 month period and we start to see the promised investment in the Valley and Sparrows Lane. 
    Probably because I’m an old cynic I wouldn’t be surprised if ESI fail to acquire the property and carry on as renters 
    Only time will tell 
    I have you about right Albury.  I think ESI have every intention of doing this right, they just don’t have the required/planned funding....yet.

    I find it odd they would’ve gone to Muir as it would seem to suggest they’ve started to exhaust their network maybe.  Time will tell 

    Airman has indicated the people they've approached were not on the radar in 2019. So maybe not the Aussies - they've been around for about 30 years!
    I give you that Bob. The 'aussies' really are indicative of that national treasure of theirs - the boomerang! 
  • Redmidland
    Redmidland Posts: 44,700
    edited February 2020
    Im still very hopeful that ESI will turn out to be good and sensible owners. If, they have said, which they did, that the entire operation including the training ground and The Valley will be theirs in 6 months (from January), then I think we should give them that time before we start saying they are 'skint', or jump to any other conclusion. I thought I read somewhere, or maybe heard it in an interview with Tahnoon, that the fans will soon know what their business plan is? If I'm right about that, it seems a good idea to wait until that information is given and to stop all the speculation about what is happening. They have been here 6 weeks, and we've had more engagement from them in that time than 6 years under Roland!
  • hoof_it_up_to_benty
    hoof_it_up_to_benty Posts: 22,443
    I hope ESI will prove good owners but it wouldn't surprise me if they prove not to be.
  • CharltonByBlood
    CharltonByBlood Posts: 1,900
    edited February 2020
    So ESI are skint because we didn't spend 5-8m in Jan (when no one else in championship did) and because they said they will sort the ground out in 6 months.
    Some people need to chill out and stop fishing for any reason to dig them out. I find it very sad people are still persisting with their agenda's
    I don't think ANYONE has any inside knowledge on ESI and how they are searching for new investors because suddenly have run out of money after 6 weeks. No one knew they was about to take the club over because this lot keep things very close to their chest. I will judge them in 2/3 years, not a few weeks.
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  • lolwray
    lolwray Posts: 4,900
    Frankly the sooner ESI own the valley and the training ground the better .

    So far so good but it will end in tears if the above doesn't happen 

    Although Matt seems a nice guy...he is a mouthpiece..I'd like to see more serious experienced management to complement him at local level
  • Lincsaddick
    Lincsaddick Posts: 32,348
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
  • bobmunro
    bobmunro Posts: 20,843
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    But we haven't needed the money yet. With the likes of Cullen and Williams coming back from injury and loans (in particular Davis and McGeady) the squad should be able to survive comfortably. As I've said on more than one occasion, you don't build a squad in January, you fill the gaps - and that's what the loans have done. If they needed the money they would have sold Lyle - but they didn't and now run the risk of not getting a penny in the summer if they can't convince him to stay. RD would have sold him.

    I accept their reasons why the purchase of The Valley and SL had to wait so they could get in for the January transfer window. I'll re-assess that view in the summer if they still don't own the freeholds and scratch about in the transfer window.

    Until then I'm feeling positive - hopefully very positive by the start of next season.  
  • SantaClaus
    SantaClaus Posts: 7,651
    I'll feel a lot more confident about ESI's long term commitment to the club when I see the redevelopment of Sparrows Lane actually happening.
  • Lincsaddick
    Lincsaddick Posts: 32,348
    bobmunro said:
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    But we haven't needed the money yet. With the likes of Cullen and Williams coming back from injury and loans (in particular Davis and McGeady) the squad should be able to survive comfortably. As I've said on more than one occasion, you don't build a squad in January, you fill the gaps - and that's what the loans have done. If they needed the money they would have sold Lyle - but they didn't and now run the risk of not getting a penny in the summer if they can't convince him to stay. RD would have sold him.

    I accept their reasons why the purchase of The Valley and SL had to wait so they could get in for the January transfer window. I'll re-assess that view in the summer if they still don't own the freeholds and scratch about in the transfer window.

    Until then I'm feeling positive - hopefully very positive by the start of next season.  
    you should join their PR team
  • Henry Irving
    Henry Irving Posts: 85,220
    bobmunro said:
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    But we haven't needed the money yet. With the likes of Cullen and Williams coming back from injury and loans (in particular Davis and McGeady) the squad should be able to survive comfortably. As I've said on more than one occasion, you don't build a squad in January, you fill the gaps - and that's what the loans have done. If they needed the money they would have sold Lyle - but they didn't and now run the risk of not getting a penny in the summer if they can't convince him to stay. RD would have sold him.

    I accept their reasons why the purchase of The Valley and SL had to wait so they could get in for the January transfer window. I'll re-assess that view in the summer if they still don't own the freeholds and scratch about in the transfer window.

    Until then I'm feeling positive - hopefully very positive by the start of next season.  
    This is where I am.

    SantaClaus said:
    I'll feel a lot more confident about ESI's long term commitment to the club when I see the redevelopment of Sparrows Lane actually happening.
    Me too but even if they owned the training ground already building work wouldn't have started by now.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    edited February 2020
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    What do you want to see at this point in the season?

    There's obviously questions still to answer, but what was you seriously expecting when you first heard of ESI?

    First one to say MS's use of Twitter at the beginning weren't very bright, but confidence trick? 
  • Lincsaddick
    Lincsaddick Posts: 32,348
    i_b_b_o_r_g said:
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    What do you want to see at this point in the season?

    There's obviously questions still to answer, but what was you seriously expecting when you first heard of ESI?

    First one to say MS's use of Twitter at the beginning weren't very bright, but confidence trick? 
    e.g. .. it was 'reported' on here that at a meeting ( I was not there) an ESI spokesman said .. 'we own the Valley' .. so far as I can see, and I confess I have not read and/or closely analysed every statement, tweet, publicity photo or 'wish', the best that ESI 'own' is an option to buy the Valley in six months time, probably a shorter time now as the statement was made a while back ..
     it's like you saying 'I own (or lease) a shop in Grove Park' when what you really have is an option to lease or buy said shop .. still with me ((:>) .. you'd be telling untruths, I am too polite to use the word 'lies' .. anyway, enough about you ((:>)
  • SantaClaus
    SantaClaus Posts: 7,651
    Henry Irving said:
    bobmunro said:
    Lincsaddick said:
    not at all convinced .. we will see later, when we know what league we are in next season .. the PR is over cringeworthy bordering on a confidence trick .. where's the MONEY ?
    But we haven't needed the money yet. With the likes of Cullen and Williams coming back from injury and loans (in particular Davis and McGeady) the squad should be able to survive comfortably. As I've said on more than one occasion, you don't build a squad in January, you fill the gaps - and that's what the loans have done. If they needed the money they would have sold Lyle - but they didn't and now run the risk of not getting a penny in the summer if they can't convince him to stay. RD would have sold him.

    I accept their reasons why the purchase of The Valley and SL had to wait so they could get in for the January transfer window. I'll re-assess that view in the summer if they still don't own the freeholds and scratch about in the transfer window.

    Until then I'm feeling positive - hopefully very positive by the start of next season.  
    This is where I am.

    SantaClaus said:
    I'll feel a lot more confident about ESI's long term commitment to the club when I see the redevelopment of Sparrows Lane actually happening.
    Me too but even if they owned the training ground already building work wouldn't have started by now.
    I understand that but work is due to start fairly soon. If the diggers are busy over the summer all well and good but if Southall starts tweeting about unforseen issues and regrettable delays it'll stink to high heaven.
  • Garrymanilow
    Garrymanilow Posts: 13,168
    edited February 2020
    We're all still wary after the Roland hell. And the Slater/Jimenez hell. I remember Roland coming in, watching the videos with him and Katrien and feeling really positive. They said the right things, talked about developing the club, protecting our young players and kicking on sustainably. They did some weird stuff after that but I distinctly recall still feeling pretty happy at the start of the Peeters run. Felt like they'd figured some things out, instead of the junk they'd loaned us the January before we got in what looked like a decent mix of foreign imports (Buyens, Gudmundsson, Vetokele) and English league experience (Henderson, Ben Haim, Bikey, Moussa) and we all felt like they'd learned a few lessons. By the end of that window it was clear we hadn't done enough in the transfer market and things took a decidedly dark turn from there. It wasn't long before Peeters was moaning about a lack of players, Luzon was in after the world's shortest and most fictional interview process and we descended into mega chaos including the manager we don't talk about. The point is that it can take a long time before an ownership really shows its true colours and the goodwill runs out, but also a long time to become trusting again after you've been dicked about by bad ownership for 13 years. I htink we will need at least another season before we can really say how we feel about ESI and whatever background shenanigans do or don't come to light. At the moment though I'm happy that Southall is trying, engaging with fans and he's turning up to matches, which is a low bar but it's the bar that's been set.

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