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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)
Comments
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oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?0 -
Covered End said:se9addick said:Cafc43v3r said:Bailey said:Airman Brown said:Scoham said:Airman Brown said:msomerton said:The problem now is that for the fans to be seen to be protesting at the owner, which is at least the third time in 6 years 3 owners on the trot will not encourage anyone else to buy the club.
Protests wouldn't bring that forward unless people think Sandgaard is the obstacle to a sale.
It was very hard to read between the lines back then re: the guitars and the showmanship, and I, like many others probably just wanted to believe and have something to feel good about again after RD and the crooks involved in ESI 1 and 2.
I think he got unlucky with the Bowyer situation, in that Bowyer seemed to have lost the dressing room, probably liked the situation under RD where he just got on with little scrutiny, and was worn down by the farce of ESI. It was all probably too much, too soon for someone who evidently as time has progressed, doesn’t really understand football, doesn’t really understand the club and has had a baptism of fire.
Adkins spell at the end of 19/20 probably gave the impression the house was solid structurally, but we just needed to decorate (sorry for the house analogy), but, and I know I’m at odds with a few views here, the team that finished 7th weren’t actually that good imo.What happened from the end of that season up until now though is firmly on him and the absolute shambles he’s created. It’s a mess. He’s clueless. No idea about any of it, and he’s made some terrible mistakes. Most of us probably gave him the benefit of the doubt because he does continue to fund us, he’s putting money in and ultimately, who knows what would’ve happened had ESI v2 got hold of the club. But now, without serious changes that I don’t think he’s capable of, it will get worse, a lot worse.
I don’t see any value in protesting personally. He’s not going to suddenly hand BG a million to spend in Jan and we’re stuck with the dregs that we have assembled this season. I think he’ll begin to realise he’s mucked it up and to hang around would be to stay where he’s not welcome. He likes the limelight - he won’t get nights jamming in the oak with the fans if we’re mid table again come Feb, and the walks round the pitch like the one at Wycombe will be very uncomfortable.I’ve got no idea when his time will end, or how he’ll sell up, but it will be a slow, painful ride until then and expect lots of meltdown in the coming months17 -
The answer is probably as there are always people in the market for a football club. Clearly the seperation of assets does not help and our league position isn't a pull but if we cost a pound I'm sure there would be interest. Then you get into the type of people. We know the ststem can't prevent crooks getting involved.0
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At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.4 -
This is really starting to feel as if something is about to happen.
Sandgaard appears to be looking for a way out, and I wouldn’t be at all surprised if in the near future he just cuts his losses, and walks away from the club.
He is losing £700,000 a month, £8 million a year and the club is spiraling to the bottom of the league.
He owns nothing.
He is simply putting his personal wealth into a black hole.
And with not a hope of ever seeing it again.
Nobody is going to do that for very long.11 -
cabbles said:Covered End said:se9addick said:Cafc43v3r said:Bailey said:Airman Brown said:Scoham said:Airman Brown said:msomerton said:The problem now is that for the fans to be seen to be protesting at the owner, which is at least the third time in 6 years 3 owners on the trot will not encourage anyone else to buy the club.
Protests wouldn't bring that forward unless people think Sandgaard is the obstacle to a sale.
It was very hard to read between the lines back then re: the guitars and the showmanship, and I, like many others probably just wanted to believe and have something to feel good about again after RD and the crooks involved in ESI 1 and 2.
I think he got unlucky with the Bowyer situation, in that Bowyer seemed to have lost the dressing room, probably liked the situation under RD where he just got on with little scrutiny, and was worn down by the farce of ESI. It was all probably too much, too soon for someone who evidently as time has progressed, doesn’t really understand football, doesn’t really understand the club and has had a baptism of fire.
Adkins spell at the end of 19/20 probably gave the impression the house was solid structurally, but we just needed to decorate (sorry for the house analogy), but, and I know I’m at odds with a few views here, the team that finished 7th weren’t actually that good imo.What happened from the end of that season up until now though is firmly on him and the absolute shambles he’s created. It’s a mess. He’s clueless. No idea about any of it, and he’s made some terrible mistakes. Most of us probably gave him the benefit of the doubt because he does continue to fund us, he’s putting money in and ultimately, who knows what would’ve happened had ESI v2 got hold of the club. But now, without serious changes that I don’t think he’s capable of, it will get worse, a lot worse.
I don’t see any value in protesting personally. He’s not going to suddenly hand BG a million to spend in Jan and we’re stuck with the dregs that we have assembled this season. I think he’ll begin to realise he’s mucked it up and to hang around would be to stay where he’s not welcome. He likes the limelight - he won’t get nights jamming in the oak with the fans if we’re mid table again come Feb, and the walks round the pitch like the one at Wycombe will be very uncomfortable.I’ve got no idea when his time will end, or how he’ll sell up, but it will be a slow, painful ride until then and expect lots of meltdown in the coming months5 -
Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
One could argue that our set up was far simpler when Roland was looking to sell first time round. Still nobody worth any salt turned up.
Look at the mess we're in now and ask yourself how many fairy godmothers are banging down the board room door?0 -
superclive98 said:At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.1 -
MuttleyCAFC said:superclive98 said:At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.
His quest to try to get to a point of break even can only be with a view to making the club more attractive to offload.1 -
Billericaydickie said:This is really starting to feel as if something is about to happen.
Sandgaard appears to be looking for a way out, and I wouldn’t be at all surprised if in the near future he just cuts his losses, and walks away from the club.
He is losing £700,000 a month, £8 million a year and the club is spiraling to the bottom of the league.
He owns nothing.
He is simply putting his personal wealth into a black hole.
And with not a hope of ever seeing it again.
Nobody is going to do that for very long.
Charlton are his project and he wants to prove he can break even and maybe even profit. He wants to grab positive headlines.
He is Dr evils (rolands) "mini-me"
It's basically the same bloke, who is also living on another planet. Simply just an idiot.
Deep down in his american waffle brain, he does want to sell, unfortunately, the other half of his daft stubborn brain will delay the process.2 - Sponsored links:
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superclive98 said:MuttleyCAFC said:superclive98 said:At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.
His quest to try to get to a point of break even can only be with a view to making the club more attractive to offload.0 -
MuttleyCAFC said:superclive98 said:MuttleyCAFC said:superclive98 said:At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.
His quest to try to get to a point of break even can only be with a view to making the club more attractive to offload.
A sane person would have realised very quickly that they didn't have what was required to make a success of the club. As every day goes by he seems to be moving further away from being that sane person.1 -
superclive98 said:MuttleyCAFC said:superclive98 said:MuttleyCAFC said:superclive98 said:At the moment it feels like death by a thousand cuts.
The way he is running the club means that there is zero prospect of promotion all the time he stays, which means that we can only hope that we don't get relegated during that time. The longer he stays, the more the money belt will be tightened in his quest to break even, thus ever increasing the likelihood of that relegation.
His quest to try to get to a point of break even can only be with a view to making the club more attractive to offload.
A sane person would have realised very quickly that they didn't have what was required to make a success of the club. As every day goes by he seems to be moving further away from being that sane person.
He was full of beans before owning Charlton and the early days of running the club. The tweets, talk sport chatter, taking the piss out of matt Southall, strolling around the museum
After two years, Sandguard has been charltonised.
Getting charltonised usually only takes 6months
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Let's say end of this season he is £16M down (player sales will have stemmed some of the losses to date).
Sells Leaburn for £4M cash upfront and Gomez moves netting him another £5M. Then flogs anything else he can get money for (Wolllacot, Stockley, Kirk, DJ, CBT, Fraser may net another £1M).
Sells for £1 and writes off £6M.
Probably the best he could do.
Leaves us screwed with no players for next season.
He walks off saying he saved us, put money in to stabilize us and sold us having bought us to a break even point and claims his ownership was a big success.
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Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.5 -
Athletico Charlton said:Let's say end of this season he is £16M down (player sales will have stemmed some of the losses to date).
Sells Leaburn for £4M cash upfront and Gomez moves netting him another £5M. Then flogs anything else he can get money for (Wolllacot, Stockley, Kirk, DJ, CBT, Fraser may net another £1M).
Sells for £1 and writes off £6M.
Probably the best he could do.
Leaves us screwed with no players for next season.
He walks off saying he saved us, put money in to stabilize us and sold us having bought us to a break even point and claims his ownership was a big success.
If it were me I would do exactly that minus the claims that my ownership was a big success. Let's hope he doesn't tbh as we'll be walking straight into another ESI type of ownership next, since no one reputable is likely to want to take us on and the club won't cost a penny.
Results haven't been great but the performances compared to the Adkins start last season are hugely improved imo and I think Garner can turn it around and I hope he does so quickly to help alleviate the current dark mood.2 -
bolloxbolder said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
9% oohaah forms a consortium to buy the club
90% not on your nelly!4 -
Has it been established yet who the third party was who provided the £350k loan in Dec 21?The 2.5% interest on that isn’t going to look a very good return for the next 3 years soon1
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queensland_addick said:Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.0 -
I think that pretty much every decision that Thomas Sandgaard has made since he took over the club has been based on either one of two things. His ego and the Zynex share price. I don’t doubt that when he bought the club he wanted to ride in as the Knight in shinning armour, ridding us from our evil owners and leading us on a path to footballing success. His first battle was a huge triumph in outwitting ESI 2 and taking ownership and in turn winning him the adulation that he craved. Unfortunately at the time he embarked on this project Zynax shares were on the rise, but sadly for him, and us they peaked in July 2020 at just under $26 a share before sliding sharply to end the year at less than half that, Just when he had the chance to have his first meaningful stab at a full transfer window. I’m know there are many people here who will have a far better idea of financial markets and why the price dropped as quickly as it had risen than me, but it would seem to my eyes that the company became over valued during the start of the covid crises and then returned to a more natural level. Maybe Sandgaard himself selling off shares to buy and fund the club had an impact on the value. But regardless of the reason the price has not recovered since and now sits at under $8.50 and does not seem likely to reach those dizzy heights of $25 + anytime in the near future.
I think for a long time TS, governed by his ego thought that the company would bounce back and start to climb again and I am sure firmly believed that when it did he would put money into the club and give it the much needed boost to set us on our way up the pyramid and him on a route to hero status. But at some point during last season I think the penny dropped with him that the share price of July 2020 was in the distant past and to fund the dream of on field success could leave him broke and without any shares in his own company. If we are being optimistic the share price might go up, just like a boat load of rubber might have floated up the Thames. But if it doesn’t what does Tommy do? Rock on and hope for a lucky break or pull out and try to repair his damaged ego?. And what is best for us the club and the supporters which by now are really the same thing? Without any idea who might be interested in where we are now it seems impossible to say whether we are better of with TS or with him gone.
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Hornchurch said:queensland_addick said:Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.
Forget Barclay, it’s pie in the sky nonsense, will never happen.1 -
Murray had RD ear and told him Varney was bad news or some shit , hence Barclay didn’t get a look in with the RD , shame Murray couldn’t have done some due diligence on the ESI 🤡 and warned RD about them
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oohaahmortimer said:Murray had RD ear and told him Varney was bad news or some shit , hence Barclay didn’t get a look in with the RD , shame Murray couldn’t have done some due diligence on the ESI 🤡 and warned RD about them1
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AFKABartram said:Has it been established yet who the third party was who provided the £350k loan in Dec 21?The 2.5% interest on that isn’t going to look a very good return for the next 3 years soon0
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Hornchurch said:queensland_addick said:Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.
But there may possibly be other's out there that could be attracted given good strategic marketing, an an alignment of the stars.
Who knows, maybe a significant decline in London Property Values, or the potential of that happening in the not too distant future, might be enough to change the dynamics, and finally force the hand of RD !
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It's quite clear now why RD wanted nothing to do with Barclay and the like.0
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Hornchurch said:queensland_addick said:Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.
Best to forget him rather than dwell on it coz it ain't gonna happen.0 -
J BLOCK said:oohaahmortimer said:Murray had RD ear and told him Varney was bad news or some shit , hence Barclay didn’t get a look in with the RD , shame Murray couldn’t have done some due diligence on the ESI 🤡 and warned RD about them3
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queensland_addick said:Hornchurch said:queensland_addick said:Fanny Fanackapan said:oohaahmortimer said:I mean soooo many clowns every time we’ve been up for sale waffle the complete shit of we’re a good “investment” … London club , Premiership ground , good potential blah blah blah
utter fucking guff
we are a drain on anyone that owns us
A loss making business
as I’ve always said no sane person would want to own us
basically we need more than a miracle to get out of this rut of shitness
Just asking the question....
Could there be anyone fulfilling said profile somewhere out there ?
Leicester City could probably never have imagined what would happen when their Thai owners took over!
Such people with huge wealth don't buy Super Yachts or Ferrari's as good long term investment's, they buy them for fun, and are not too bothered about possibly losing a few million here or there. An English Football Club with a great tradition could be a similar indulgence that could bring them great excitement and interest.
Our problem now is that having been in the lower leagues for so long, our profile has greatly faded and we really need a Peter Varney type character to market us, and then hopefully attract suitably wealthy buyers.
But there may possibly be other's out there that could be attracted given good strategic marketing, an an alignment of the stars.
Who knows, maybe a significant decline in London Property Values, or the potential of that happening in the not too distant future, might be enough to change the dynamics, and finally force the hand of RD !0 -
swordfish said:J BLOCK said:oohaahmortimer said:Murray had RD ear and told him Varney was bad news or some shit , hence Barclay didn’t get a look in with the RD , shame Murray couldn’t have done some due diligence on the ESI 🤡 and warned RD about them4