And between now and Christmas he loses roughly another 2.5 million. Taylor, KG and Aribo won’t cover that.
Good point.
But the same argument has been with us for 18 months and with the same (solid) logic. Since this thread started he has lost an ADDITIONAL £15,000,000. Has any of that sped up the sale? No. Has it lowered his price? Apparently... no. So why after all this time do many think it is somehow going to make him see reality now?
I have just long ago given up that he will sell soon or at the right price because of things you and I would find logical. And the reason I believe this is because..... here we are!
There is much to be said for the above from @NapaAddick. Having, in relatively recent statements accepted that he was in the wrong business (of football) because 'normal' business rules largely do not operate in football as they would in the wider business world, Duchatelet nevertheless still doggedly adheres presumably to the type of business principles which created his wealth in the first place where everything has a recognisable value. In his mind he may well believe for example that The Valley has a potential asset value for development (which should be a consideration in the saleprice) even though we know that planning regulations and other restrictions would prevent that from being realised. Even if that is not the case he still clearly expects someone with the requisite funding to meet his high expectation plus, and maybe someone ITK can answer this - is the 1m a month loss really accruing to Duchatelet or is he simply adding it to the 'loan'?
And between now and Christmas he loses roughly another 2.5 million. Taylor, KG and Aribo won’t cover that.
Good point.
But the same argument has been with us for 18 months and with the same (solid) logic. Since this thread started he has lost an ADDITIONAL £15,000,000. Has any of that sped up the sale? No. Has it lowered his price? Apparently... no. So why after all this time do many think it is somehow going to make him see reality now?
I have just long ago given up that he will sell soon or at the right price because of things you and I would find logical. And the reason I believe this is because..... here we are!
There is much to be said for the above from @NapaAddick. Having, in relatively recent statements accepted that he was in the wrong business (of football) because 'normal' business rules largely do not operate in football as they would in the wider business world, Duchatelet nevertheless still doggedly adheres presumably to the type of business principles which created his wealth in the first place where everything has a recognisable value. In his mind he may well believe for example that The Valley has a potential asset value for development (which should be a consideration in the saleprice) even though we know that planning regulations and other restrictions would prevent that from being realised. Even if that is not the case he still clearly expects someone with the requisite funding to meet his high expectation plus, and maybe someone ITK can answer this - is the 1m a month loss really accruing to Duchatelet or is he simply adding it to the 'loan'?
Both. Staprix (RD owns them) are lending Charlton the money each month. So yes it's adding to the loan, but yes the loan/loss is accruing to RD unless a buyer repays the total, which they won't.
I saw a Cholomley-Warner sketch on Harry Enfield. He warned against buying sub-standard products. The example he showed was a teapot with the spout on wrong way round. He then demonstrated an easy way to spot such inferior items by showing the underside where it was stamped “Made in Belgium “
One day, we will tell our grandkids about this thread. And instead of giving them a book about Henry VIII or the World Wars, we'll give them a printed version of this thread. This is real history.
Comments
In his mind he may well believe for example that The Valley has a potential asset value for development (which should be a consideration in the saleprice) even though we know that planning regulations and other restrictions would prevent that from being realised. Even if that is not the case he still clearly expects someone with the requisite funding to meet his high expectation plus, and maybe someone ITK can answer this - is the 1m a month loss really accruing to Duchatelet or is he simply adding it to the 'loan'?
https://www.bbc.co.uk/sport/football/41648722
So yes it's adding to the loan, but yes the loan/loss is accruing to RD unless a buyer repays the total, which they won't.
Bill Oddily
(Put your hands all over my body)
Bill Oddily
Bill Oddily
CAFC under RD is such a teapot !!!
Thanks for the heads up
Surely @Redhenry has a nugget of info?
No need to sell now, everything's rosy.
He will decide when he has had enough and accept someone's offer.
The rest is just noise.
.