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Charlton start causes Takeover talks to stall?

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  • [cite]Posted By: razil[/cite]

    I still don't understand why the FF QA with the Chairmen that was arranged can't now go ahead as the recent minutes seem to indicate we are no longer in any sort of DD period, sorry if that offends some on here.

    Sorry but it doesn't indicate that at all.

    Due dillegence may have been done or not, may have been done with one party but not another or with many parties. There may still be an NDA in place.

    Any meeting would start with "what can you tell us about the takeover?" to which the answer would be "we are working very hard to attract new investment but can't say more than that" and all the other questions would be variations on the same question and all the answers would be variations on the same answer so it would be pointless and just cause more frustration.
  • Rightly or wrongly, there was a widely held belief that we could go into administration before Xmas, and at least one report that prospective new owners might be prepared to wait and see that happen in order to get a better price.

    ............

    Let's stop irresponsible rumours like that. It isn't going to happen, the Directors have all sunk millions into the club either directly or through bond issues and the like. Going into administration will wipe out much of their own debt, and moreover give the club a points penalty which will devalue the club and the value of their holdings even more. These guys cumalatively own well over 50% of the club. If they are stalling on selling because the buyers are offering too low a price then I can't see that putting the club into the hands of the administrators is going to make it worth any more money. Also as far as I know no club that has had a points deduction has ever been promoted and the longer we stay in the division the less we will be worth because our best playing assets will leave for clubs with deeper finances and bigger ambitions.
  • well yes I have really (seem to be too many just around the corners to me) and in that case why arrange it in the first place?

    .............

    A good point, but that was just prior to the prospective buyers asking for the NDA.
  • [cite]Posted By: Chizz[/cite]Is it at this point that we start talking about Arabs, Japanese, Chinese or Irish businessmen? Or do we do thatafterwe've discussed who we thought we saw in The Valley Diretors' Box/driving into Sparrow's Lane?

    And when do we get to start using the word FACT?

    No. You do that on the TAKEOVER thread!

    This thread is simply about whether people think Charlton's start has impacted the conclusion of the Takeover.
  • I read it that the takeovers happening at the time of the original meeting were no longer active, but perhaps I was adding 2+2 and getting five.

    I agree that any meeting now would be fairly inappropriate, in fact I think it was in the first place given that takeover talks were in progress - so why not just cancel the meeting on those grounds no need for the legal stuff to be mentioned in my view, its almost like they forgot they'd agreed to do it and left it to the last minute to cancel having realised all the questions would be takeover and therefore not much point, and threw in the legal stuff to make it easier to digest.

    Anyway not really that bothered, it will be interesting to hear what went on one day when we're old an grey along with the Dowie, and perhaps Pards shenannigans.
  • The thing is ...... we just don't know.

    And all the guessing in the world, won't give us an immediate answer.
  • [cite]Posted By: Oggy Red[/cite]The thing is ...... we just don't know.

    And all the guessing in the world, won't give us an immediate answer.

    Spot on.
  • This thread is simply about whether people think Charlton's start has impacted the conclusion of the Takeover.

    .........

    I'd think it would make it more likely - as we are by default an appreciating asset, whereas not long ago we were a depreciating asset, promotion this year looks a strong possibility and if so then inside two/three seasons we could be back in the Prem. However our good start might have generated interest from one or two new bidders, or maybe revitalised one or two that fell away with our fall down the divisions.
  • [cite]Posted By: Red_in_SE8[/cite]
    [cite]Posted By: Chizz[/cite]Is it at this point that we start talking about Arabs, Japanese, Chinese or Irish businessmen? Or do we do thatafterwe've discussed who we thought we saw in The Valley Diretors' Box/driving into Sparrow's Lane?

    And when do we get to start using the word FACT?

    No. You do that on the TAKEOVER thread!

    This thread is simply about whether people think Charlton's start has impacted the conclusion of the Takeover.
    Oh I see, thank you.

    In that case, my answer is "I don't know. And nor does anyone else".
  • [cite]Posted By: BlackForestReds[/cite]This thread is simply about whether people think Charlton's start has impacted the conclusion of the Takeover.

    .........

    I'd think it would make it more likely - as we are by default an appreciating asset, whereas not long ago we were a depreciating asset, promotion this year looks a strong possibility and if so then inside two/three seasons we could be back in the Prem. However our good start might have generated interest from one or two new bidders, or maybe revitalised one or two that fell away with our fall down the divisions.



    that situation could change overnight (our performances and league position)


    What I think is significant as others have said, is that we have retained our assets and possibly gained some

    The ability of Parky as a manager and therefore possible asset may have some impact over time I guess, and perhaps a realisation that we (if we) do have a team that can gain promotion.
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  • What I think is significant as others have said, is that we have retained our assets and possibly gained some

    .........

    On the otherhand...we may currently be trading at a loss, despite holding onto most of our best playing assets, and the longer that continues the bigger the debt we will accrue to the point where we will have to sell one or two players (or else). The good news is that in Bailey, Sam, Elliot, Shelvey, Racon and Semedo we have players who could all go for around the £1m mark (or more), however if they go, they'll need replacing.

    We need Sky's cameras to make a few more appearances and an injury free season and perhaps the odd Michael Turner type windfall.
  • no disrespect to any one but are you not bored of regurgitating the same points over and over again with slightly different wordings?

    we can say all day long what WE'D LIKE at OUR CLUB and what OUR CLUB SHOULD BE DOING, but it's not up to us.

    it's up to the directors, and until anything is sorted they aren't going to tell us anything(if anything happens anyway)

    we're top of the bloody league, playing everyone off the park, the team looks like it gives a sh*t for the first time in years and yet we're moaning about not being given daily updates on a potential takeover?
  • [cite]Posted By: mrbligh[/cite]
    we're top of the bloody league, playing everyone off the park, the team looks like it gives a sh*t for the first time in years and yet we're moaning about not being given daily updates on a potential takeover?


    I agree, Mr Bligh. Instead, I think we should moan about the moaners, and takeover the takeover thread.
  • What mrbligh said.
  • Shelvey staying means something IMHO even if it is that, as AFKA said, he is now worth more on the market now than he was on 31 August.

    The "good will" of the club will have increased due to being top but how much is that worth? It all depends on how much whoever is putting money on the table values "good will" and what their motives for buying/investing in the Club are.

    As we don't know who they are or what those motives are we just can't say.

    Meanwhile the fans are still here and will always be here. Stop speculating and start organising
  • [cite]Posted By: BlackForestReds[/cite]What I think is significant as others have said, is that we have retained our assets and possibly gained some

    .........

    On the otherhand...we may currently be trading at a loss, despite holding onto most of our best playing assets, and the longer that continues the bigger the debt we will accrue to the point where we will have to sell one or two players (or else). The good news is that in Bailey, Sam, Elliot, Shelvey, Racon and Semedo we have players who could all go for around the £1m mark (or more), however if they go, they'll need replacing.

    We need Sky's cameras to make a few more appearances and an injury free season and perhaps the odd Michael Turner type windfall.


    Agreed however what is significant about retaining a large number of assets in the squad is it has reversed the relegation fears which many including myself had for this season had more asset stripping taken place.

    I does occur to me that perhaps the season ticket take up gave the board more leverage in asking/holding out for a more palatable price.
  • we can say all day long what WE'D LIKE at OUR CLUB and what OUR CLUB SHOULD BE DOING, but it's not up to us.

    it's up to the directors, and until anything is sorted they aren't going to tell us anything(if anything happens anyway)
    ............

    We might as well stop debating what players, formation and tactics etc we'd like to see the club employ, because that's all down to Parky, Kins etc and we have no input into any such decisions.
  • [cite]Posted By: BlackForestReds[/cite]we can say all day long what WE'D LIKE at OUR CLUB and what OUR CLUB SHOULD BE DOING, but it's not up to us.

    it's up to the directors, and until anything is sorted they aren't going to tell us anything(if anything happens anyway)
    ............

    We might as well stop debating what players, formation and tactics etc we'd like to see the club employ, because that's all down to Parky, Kins etc and we have no input into any such decisions.

    i'm all up for debate....i just think we should concentrate on the fact that we're having the nicest couple of months we've had for a while......the team looks good......and not get hung up on this takeover nonsense
  • [cite]Posted By: mrbligh[/cite]
    [cite]Posted By: BlackForestReds[/cite]we can say all day long what WE'D LIKE at OUR CLUB and what OUR CLUB SHOULD BE DOING, but it's not up to us.

    it's up to the directors, and until anything is sorted they aren't going to tell us anything(if anything happens anyway)
    ............

    We might as well stop debating what players, formation and tactics etc we'd like to see the club employ, because that's all down to Parky, Kins etc and we have no input into any such decisions.

    i'm all up for debate....i just think we should concentrate on the fact that we're having the nicest couple of months we've had for a while......the team looks good......and not get hung up on this takeover nonsense


    ha ha then why read this thread?

    :D
  • We are definitely all clinically insane..........FACT
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  • i'm all up for debate....i just think we should concentrate on the fact that we're having the nicest couple of months we've had for a while......the team looks good......and not get hung up on this takeover nonsense
    .........

    I'm not getting too hung up on it, but some speculation/reading between the lines and perhaps fleshing out of points that others have made is not really a problem.

    The one thing that worries me is that we have a board who want to sell and we know that talks have been on-going for a reasonable length of time with at least one consortium. That the talks are still on-going suggests that the latter are conducting a very thorough due diligence and that in turn makes me wonder whether they are not as well healed as we would like, if they had deeper pockets they might not be too concerned about say buy-out clauses in Jonjo's contract or season ticket take-up.
  • BlackForestReds:

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  • [cite]Posted By: BlackForestReds[/cite]i'm all up for debate....i just think we should concentrate on the fact that we're having the nicest couple of months we've had for a while......the team looks good......and not get hung up on this takeover nonsense
    .........

    I'm not getting too hung up on it, but some speculation/reading between the lines and perhaps fleshing out of points that others have made is not really a problem.

    The one thing that worries me is that we have a board who want to sell and we know that talks have been on-going for a reasonable length of time with at least one consortium. That the talks are still on-going suggests that the latter are conducting a very thorough due diligence and that in turn makes me wonder whether they are not as well healed as we would like, if they had deeper pockets they might not be too concerned about say buy-out clauses in Jonjo's contract or season ticket take-up.


    we can't be sure its the same mob at all can we?
  • [cite]Posted By: razil[/cite]
    [cite]Posted By: mrbligh[/cite]
    [cite]Posted By: BlackForestReds[/cite]we can say all day long what WE'D LIKE at OUR CLUB and what OUR CLUB SHOULD BE DOING, but it's not up to us.

    it's up to the directors, and until anything is sorted they aren't going to tell us anything(if anything happens anyway)
    ............

    We might as well stop debating what players, formation and tactics etc we'd like to see the club employ, because that's all down to Parky, Kins etc and we have no input into any such decisions.

    i'm all up for debate....i just think we should concentrate on the fact that we're having the nicest couple of months we've had for a while......the team looks good......and not get hung up on this takeover nonsense


    ha ha then why read this thread?

    :D

    i'm not hung up at all.....

    i only check this site about 44 times a day now, i speak to other people and everything.............

    :D
  • Personally I've been saving hard since this all started a year back and now have enough cash to table a serious offer for the club - watch this space.
  • What is probably more significant is removing some high earners off the books, I'm assuming the permanent transfers mean we are not paying wages for Gray and Hudson, although less likely with Moo2, Christensen and Fleets. Add in a rumoured windfall for Turner, decent fees for the two above, a Sky fee and decent crowds, and I think it is more likely that we will operate closer to our budget. This is underlined by loaning Mambo and signging Sodje rather than throwing the youngster in at the deep end. With reduced need to bring in funds, the better deal can be negotiated.
  • I actually really am bored of the takeover talk as 100% fact at present there are no takeovers and our
    current situation will make us more attractive unbeaten in 8 league games!
  • Sorry, but is this 'The Takeover Thread'?
  • Not the OFFICIAL one, it is yet another poor imitation.
  • This is the 'Takeover Thread' taken over.
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