If he does sell I genuinely believe he should be happy with what he paid for us, about £14m if I remember correctly.
I think that is a fair figure taking into account our 'potential'.
What he's put in or invested on top of that and ultimately squandered is his own fault and that of our incompetent CEO. Why any prospective buyer should be asked to pay for his mistakes is laughable.
I get starting high and coming down to an acceptable middle ground as per standard rules of negotiation, but if he has this £14m figure as an end game then I think that would be very sensible of him.
Anything higher screams delusion and ego.
It should hit home to him after as a lesson learned at the ripe old age and of 70 and if he has any grievances over his loss, he can take them up with KM
Just for clarity, @cables, can you confirm the following. Charlton is worth the same now as it was three and a half years ago, despite being in a lower division, having sold its best players, hired replacements of a lower quality on inflated wages and seen a dramatic reduction in tv income and gate receipts. Despite all that, you're suggesting Charlton - losing a million quid a month - is still worth what he paid for the club?
There's no way it's currently worth that. Duchatelet should be looking for 20p in the pound for the debt, plus a pound for the club. The fact he wants to make a "profit" is precisely why he's still holding the club.
We have a new pitch and undersoil heating plus some new seats ; - )
I think that the price paid three years ago (£11m plus £3m if we stayed up plus £1m to the agent = £15m) was driven as much by the desperation of the spivs to sell as any real market value.
At the time the valuation mentioned by City experts was that Charlton was worth £20m to £25m.
Since then you are quite right that the club has been relegated resulting in drops in sponsorship and ticket income so the expectation might be that it is now worth less than £20 to £25m.
But it's a moot point as the club is only worth what Duchatelet is willing to take and a buyer is willing to pay, no more, no less.
We know that there are potential buyers and we know Duchatelet has asked agents to find a buyer.
The sticking points remains, IMHO, the price and Meire's expectation that she will stay as CEO.
How much the latter bothers Duchatelet I don't know but as the gatekeeper Meire is able to stop bids that don't keep her in post from even reaching Belgium. Hence why, I guess, silly numbers like £75m are given out to kill any such bids at birth.
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
I don't actually think our squad is that good. Who would you have as Championship starters. Possibly Solly, Tex although our defence is leaky maybe Josh.
Everyone else is bang average for L1 which is why we're 13th.
And I would argue that Solly is perhaps only really league one now, most of us rate him with our heart over our head
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
What clubs make this "big money" in the promised land ?
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
What clubs make this "big money" in the promised land ?
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
I think the chance is always there given that the bottom club automatically gets £100m. of course you are right in that you probably spend a fair amount getting/staying there, but I think Burnley turn a decent profit and if a club can stay there for a prolonged period (WBA/Stoke) I bet their finances are pretty healthy.
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
What clubs make this "big money" in the promised land ?
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
I think the chance is always there given that the bottom club automatically gets £100m. of course you are right in that you probably spend a fair amount getting/staying there, but I think Burnley turn a decent profit and if a club can stay there for a prolonged period (WBA/Stoke) I bet their finances are pretty healthy.
I'm thinking of the likes of Bolton, dropping out , having spent years there and massive losses built up
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
What clubs make this "big money" in the promised land ?
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
I think the chance is always there given that the bottom club automatically gets £100m. of course you are right in that you probably spend a fair amount getting/staying there, but I think Burnley turn a decent profit and if a club can stay there for a prolonged period (WBA/Stoke) I bet their finances are pretty healthy.
I'm thinking of the likes of Bolton, dropping out , having spent years there and massive losses built up
Well yes there is the argument he should take the nominal £1 plus debt, but I'm just trying to get in my head an appropriate figure as despite all the shit endured over their reign, we are still a London based football club and football is a popular brand/trophy asset with the chance of making big money should we reach the promised land
What clubs make this "big money" in the promised land ?
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
I think the chance is always there given that the bottom club automatically gets £100m. of course you are right in that you probably spend a fair amount getting/staying there, but I think Burnley turn a decent profit and if a club can stay there for a prolonged period (WBA/Stoke) I bet their finances are pretty healthy.
I'm thinking of the likes of Bolton, dropping out , having spent years there and massive losses built up
And us
The key seems to be that if you come down you have to go back straight up - do that and with the parachute payments you're basically sorted.
Burnley did it last season. Newcastle will this season barring a major collapse. West Ham did it on the occasions they went down. It's when you fail to get back at the first attempt that the problems kick in hence Villa could be in all sorts of trouble.
If he does sell I genuinely believe he should be happy with what he paid for us, about £14m if I remember correctly.
I think that is a fair figure taking into account our 'potential'.
What he's put in or invested on top of that and ultimately squandered is his own fault and that of our incompetent CEO. Why any prospective buyer should be asked to pay for his mistakes is laughable.
I get starting high and coming down to an acceptable middle ground as per standard rules of negotiation, but if he has this £14m figure as an end game then I think that would be very sensible of him.
Anything higher screams delusion and ego.
It should hit home to him after as a lesson learned at the ripe old age and of 70 and if he has any grievances over his loss, he can take them up with KM
Just for clarity, @cables, can you confirm the following. Charlton is worth the same now as it was three and a half years ago, despite being in a lower division, having sold its best players, hired replacements of a lower quality on inflated wages and seen a dramatic reduction in tv income and gate receipts. Despite all that, you're suggesting Charlton - losing a million quid a month - is still worth what he paid for the club?
There's no way it's currently worth that. Duchatelet should be looking for 20p in the pound for the debt, plus a pound for the club. The fact he wants to make a "profit" is precisely why he's still holding the club.
We had a new pitch two years ago and some provision for future undersoil heating plus some newrefurbished seats ; - )
Blimey you're like a bleeding estate agent you are......surprised you forgot the Museum and also missed off space to extend subject to local planning permission
And when it no longer matters, when the play offs are out of sight we will go on a little run.
And all will be well, the future will be bright and we'll be told to renew our season tickets, get behind the team and wait to see how wonderful the rebuilt squad will be in August.
And some will buy the lies again, just like before.
And when it no longer matters, when the play offs are out of sight we will go on a little run.
And all will be well, the future will be bright and we'll be told to renew our season tickets, get behind the team and wait to see how wonderful the rebuilt squad will be in August.
And some will buy the lies again, just like before.
From 18 February
How "little" is this run going to be ? 1 game undefeated ?
And when it no longer matters, when the play offs are out of sight we will go on a little run.
And all will be well, the future will be bright and we'll be told to renew our season tickets, get behind the team and wait to see how wonderful the rebuilt squad will be in August.
And some will buy the lies again, just like before.
From 18 February
How "little" is this run going to be ? 1 game undefeated ?
Comments
I think that the price paid three years ago (£11m plus £3m if we stayed up plus £1m to the agent = £15m) was driven as much by the desperation of the spivs to sell as any real market value.
At the time the valuation mentioned by City experts was that Charlton was worth £20m to £25m.
Since then you are quite right that the club has been relegated resulting in drops in sponsorship and ticket income so the expectation might be that it is now worth less than £20 to £25m.
But it's a moot point as the club is only worth what Duchatelet is willing to take and a buyer is willing to pay, no more, no less.
We know that there are potential buyers and we know Duchatelet has asked agents to find a buyer.
The sticking points remains, IMHO, the price and Meire's expectation that she will stay as CEO.
How much the latter bothers Duchatelet I don't know but as the gatekeeper Meire is able to stop bids that don't keep her in post from even reaching Belgium. Hence why, I guess, silly numbers like £75m are given out to kill any such bids at birth.
I always thought it gets chewed up as you try and stay amongst it and that hardly anyone runs at a profit for too long if in the premiership , not saying that's gospel but that's how i viewed it
What a delusional crank!!
Burnley did it last season. Newcastle will this season barring a major collapse. West Ham did it on the occasions they went down. It's when you fail to get back at the first attempt that the problems kick in hence Villa could be in all sorts of trouble.