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The Takeover Thread v3.0 - DONE! - Methven interview in the Telegraph (p55)

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Comments

  • addick19
    addick19 Posts: 378
    AndyG said:
    I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
    General William Sherman is quoted as saying; "If I owned Hell and Texas, I would rent Texas and live in the other place!"
  • carly burn
    carly burn Posts: 19,459
    AndyG said:
    I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
    You have to go back a bit.
    As I see it. Airman, amongst others has seen a sales pitch prospectus that paints Charlton Athletic in a light far from the reality of current circumstances. I believe it made wild projections and cost saving measures that are just not plausible.
    This prospectus was apparently largely distributed around the high flyers and business movers in the Texas area.
    It is now clear,despite what Methven says, the the two biggest players in this bid have fairly strong Texan connections.
    So you have to ask yourself, have they been taken in by the pitch? (probably from Methven) 
    You would hope not, but it's been done before. ( See Jimenez &Cash)
    Methven has apparently fronted up his own money. Probably as an assurance to stop the bigger players getting spooked.
    Methven is so cock sure of himself. But he can't get anywhere near us without their backing
     However, if it becomes apparent that he's been spinning them a line, will they walk away leaving him to get on with it himself? ( See Jimenez &Cash)
  • RedChaser
    RedChaser Posts: 19,885
    edited July 2023
    MrBurns said:
    clive said:
    Asked if the takeover should be completed by the end of next week, Storrie added: “I think it will probably be earlier than that. There is a framework but there are two sets of lawyers…so dare I say any more! I’m sure both parties – buyer and seller – want to get it concluded now. They are legal formalities and hopefully they will be as quick as possible.
    https://londonnewsonline.co.uk/charlton-chief-executive-peter-storrie-final-part-of-takeover-process-is-a-formality/
    It's a shame Storrie won't be staying on at the club 
    Not you mate but certain posters on here and you know who you are didn’t have a kind word to say about him when appointed. He’d had a somewhat chequered past apparently but he seems to have done ok for us. Cheers Peter👍.
  • sam3110 said:
    Sold his controlling stake in June 2021 and the rest of his stake in August 2022. So Methven is technically correct in what he says about Brener, it's rather obtuse to claim there's no Texas link whatsoever, and is a moot point anyway as it turns out JF and Canyon Partners have recently opened an office in Dallas (they haven't entirely moved there, they still operate offices in LA, NYC, London, Hong Kong, Shanghai and Tokyo)
    And Peckham? 
  • Jac_52
    Jac_52 Posts: 1,460

  • AndyG
    AndyG Posts: 5,906
    sam3110 said:
    AndyG said:
    I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
    Because there was once a prospectus floating around trying to get small time investment lined up in our club, that was apparently distributed in Texas, and spoke of closing stands/the academy/moving the club/turning us into Crystal Palace B team/changing the kit colours to purple and beige hoops or whatever that everyone got very uppity about, but the vast majority of us haven't been able to see.

    I'd hope once the takeover is fully ratified those with it can share it once and for all
    And how do we know that wasnt just a wind up ? do we know any actual Texans that received one ? 
  • eastterrace6168
    eastterrace6168 Posts: 22,518
    AndyG said:
    sam3110 said:
    AndyG said:
    I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
    Because there was once a prospectus floating around trying to get small time investment lined up in our club, that was apparently distributed in Texas, and spoke of closing stands/the academy/moving the club/turning us into Crystal Palace B team/changing the kit colours to purple and beige hoops or whatever that everyone got very uppity about, but the vast majority of us haven't been able to see.

    I'd hope once the takeover is fully ratified those with it can share it once and for all
    And how do we know that wasnt just a wind up ? do we know any actual Texans that received one ? 
    That's just it, we don't know because it has remained invisible, there were a couple of posters who claimed to have seen it iirc, none of which I can remember at this time, so it is a bit of an enigma...
  • RedChaser
    RedChaser Posts: 19,885
    AndyG said:
    sam3110 said:
    AndyG said:
    I must be missing something here. What difference does it make if one of them lives or has connections to Texas ? do we not like Texan's ?
    Because there was once a prospectus floating around trying to get small time investment lined up in our club, that was apparently distributed in Texas, and spoke of closing stands/the academy/moving the club/turning us into Crystal Palace B team/changing the kit colours to purple and beige hoops or whatever that everyone got very uppity about, but the vast majority of us haven't been able to see.

    I'd hope once the takeover is fully ratified those with it can share it once and for all
    And how do we know that wasnt just a wind up ? do we know any actual Texans that received one ? 
    That's just it, we don't know because it has remained invisible, there were a couple of posters who claimed to have seen it iirc, none of which I can remember at this time, so it is a bit of an enigma...
      Cardinal Sin and Airman rings a bell but the grey matter isn’t what it used to be 😞.
  • The Red Robin
    The Red Robin Posts: 26,126
    edited July 2023
    Wasn’t it leaked on here ages ago?

    Edit, is this it?


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  • seth plum
    seth plum Posts: 53,448
    Is today near the end of the week, one of the next few days, next Friday as seen from last week, or Friday week as seen from 11 days ago, or is today the mythical ‘soon’?
    I think we’d better see what the pre stream music is from Wealdstone in order to garner at least one solid actual fact.
  • MarcusH26
    MarcusH26 Posts: 8,035
    Wasn’t it leaked on here ages ago?

    Edit, is this it?



    I thought this was Spiegel's investment pitch? 
  • The Red Robin
    The Red Robin Posts: 26,126
    MarcusH26 said:
    Wasn’t it leaked on here ages ago?

    Edit, is this it?



    I thought this was Spiegel's investment pitch? 
    Can’t remember, which is why I asked. Maybe not then. 
  • mendonca
    mendonca Posts: 9,405
    Our average ticket price is a bias one in that document.
  • Callumcafc
    Callumcafc Posts: 63,764
    edited July 2023
    I’m not seeing a strong enough link between the supposed Texas prospectus and Friedman and Brener.

    Wasn’t one of the initial concerns of fans regarding the mystery prospectus based around the fact that they were trying to cobble together investments of up to 75k to fund a purchase?

    Meanwhile, we’re led to believe that collectively Friedman and Brener make up 67% of the new ownership. They are not small players in this. Not ones that such a prospectus would be aimed at.

    That doesn’t really tally IMO. Almost feel as though a tenuous Texas link has been found to justify being negative.
  • sillav nitram
    sillav nitram Posts: 10,164
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
  • Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
  • Covered_End_Lad
    Covered_End_Lad Posts: 5,725
    I’m not seeing a strong enough link between the supposed Texas prospectus and Friedman and Brener.

    Wasn’t one of the initial concerns of fans regarding the mystery prospectus based around the fact that they were trying to cobble together investments of up to 75k to fund a purchase?

    Meanwhile, we’re led to believe that collectively Friedman and Brener make up 67% of the new ownership. They are not small players in this. Not ones that such a prospectus would be aimed at.

    That doesn’t really tally IMO. Almost feel as though a tenuous Texas link has been found to justify being negative.
    I agree, I think its probably more likely that CM created the Texas prospectus in order to get small investors to contribute towards his 7% and reduce his personal risk.
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    edited July 2023
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    Nearly right. Knowing us he is likely to be a Crock!
  • cafcdave123
    cafcdave123 Posts: 11,491
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    i think he needs a song...
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  • 1905
    1905 Posts: 2,751
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    i think he needs a song...
    That's quite funny for you Dave.
  • sillav nitram
    sillav nitram Posts: 10,164
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    You heard it here first, folks. I’m only the messenger not the town crier!
  • Leuth
    Leuth Posts: 23,315
    JamesSeed said:
    Can’t think of anybody has been more right about Charlton related matters than Airman. I don’t always agree with his views, but that’s when I’m wrong. 
    I've definitely disagreed with him before, only to later realise that my buoyant 'just support the lads' optimism may have been a teensy bit misplaced...
  • Leuth
    Leuth Posts: 23,315
    Now I make sure there's at least 2 or 3 of the lads I really, really don't support
  • carly burn
    carly burn Posts: 19,459
    bobmunro said:
    I’m not seeing a strong enough link between the supposed Texas prospectus and Friedman and Brener.

    Wasn’t one of the initial concerns of fans regarding the mystery prospectus based around the fact that they were trying to cobble together investments of up to 75k to fund a purchase?

    Meanwhile, we’re led to believe that collectively Friedman and Brener make up 67% of the new ownership. They are not small players in this. Not ones that such a prospectus would be aimed at.

    That doesn’t really tally IMO. Almost feel as though a tenuous Texas link has been found to justify being negative.

    Friedman runs one of the most successful hedge funds in the US - does anyone really think he would be behind that imbecilic document?
    I never said he was behind it.
  • Solidgone
    Solidgone Posts: 10,208
    edited July 2023
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    “T’hell he is!”   *he says mimicking John Wayne.
  • Callumcafc
    Callumcafc Posts: 63,764
    edited July 2023
    bobmunro said:
    I’m not seeing a strong enough link between the supposed Texas prospectus and Friedman and Brener.

    Wasn’t one of the initial concerns of fans regarding the mystery prospectus based around the fact that they were trying to cobble together investments of up to 75k to fund a purchase?

    Meanwhile, we’re led to believe that collectively Friedman and Brener make up 67% of the new ownership. They are not small players in this. Not ones that such a prospectus would be aimed at.

    That doesn’t really tally IMO. Almost feel as though a tenuous Texas link has been found to justify being negative.

    Friedman runs one of the most successful hedge funds in the US - does anyone really think he would be behind that imbecilic document?
    I never said he was behind it.
    No just that he might’ve been taken in by it.

    It was so convincing that he said he’d rather put £4 million in up front rather than £75k.
  • Gribbo
    Gribbo Posts: 8,484
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    How many ears did Davy Crocket have?

    Three - one right, one left and one front ear
  • eastterrace6168
    eastterrace6168 Posts: 22,518
    edited July 2023
    Gribbo said:
    Remember the Alamo, didn’t that involve Texans and Mexicans? I’ll say no more.
    So you're saying Davy Crocket is our new left back?
    How many ears did Davy Crocket have?

    Three - one right, one left and one front ear


    ps, that was quite good really...