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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    It could be that they have certain funds to buy with and certain funds to run the club with for a period of time, they then look for more investment as time passes. That said, if they have lost one or two investors, then it's possible they will have less funds available to run the club with and will need the extra cash injection much sooner.

    It's all speculation, but this would seem a logical path to take.
  • golfaddick
    golfaddick Posts: 33,736

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    It could be that they have certain funds to buy with and certain funds to run the club with for a period of time, they then look for more investment as time passes. That said, if they have lost one or two investors, then it's possible they will have less funds available to run the club with and will need the extra cash injection much sooner.

    It's all speculation, but this would seem a logical path to take.
    but that is just Slater & Jiminez mk 2.......and we know where thst got us. Anyone buying us needs to have £70m-£80m. £40m to pay Roland & enough £££ to fund player purchases & the running of the club for at least 3 seasons.
  • ken_shabby
    ken_shabby Posts: 6,272

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    It could be that they have certain funds to buy with and certain funds to run the club with for a period of time, they then look for more investment as time passes. That said, if they have lost one or two investors, then it's possible they will have less funds available to run the club with and will need the extra cash injection much sooner.

    It's all speculation, but this would seem a logical path to take.
    but that is just Slater & Jiminez mk 2.......and we know where thst got us. Anyone buying us needs to have £70m-£80m. £40m to pay Roland & enough £££ to fund player purchases & the running of the club for at least 3 seasons.
    Yes, I said that a few pages back. Simply buying out RD is just the beginning.
  • Valley11
    Valley11 Posts: 12,005
    edited June 2018
    If the Aussies can’t raise the cash to buy the club have they got the money to actually run it?
    Will they have to find investors to fund January transfers?
    It all sounds a bit hand to mouth or havd I misinterpreted?
  • So if the Aussies miss the deadline, then what does Duchatelet do?

    He still wants to sell and so far they are the only known buyers.

    Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.

    Just can't see RD shutting the door on the Aussies 100%

    This is the big question.

    For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.

    That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.

    In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
    How can only some of the directors get paid off who would agree to that

    All the ex directors should be paid off in full or not at all ,


    The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener

    Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
  • The Red Robin
    The Red Robin Posts: 26,152
    JamesSeed said:

    RedChaser said:

    cfgs said:

    So the 1000 pages did for the takeover once and for all? What is the opposite of a promote?

    A demote but you have to have one before it can be taken away :wink: .
    I’ve had a demote, and I’ve even got an ‘abuse’ flag now.
    RedChaser said:

    JamesSeed said:

    RedChaser said:

    cfgs said:

    So the 1000 pages did for the takeover once and for all? What is the opposite of a promote?

    A demote but you have to have one before it can be taken away :wink: .
    I’ve had a demote, and I’ve even got an ‘abuse’ flag now. Grrrrr.
    Treat an abuse flag as a badge of honour James, It's taken me nearly 6 years to get the full set but I finally achieved it recently :sunglasses:
    I've got 15. Target 1,000 is on.
  • Johnnysummers5
    Johnnysummers5 Posts: 8,469
    Fuck RD, and all those who sail with him, fuck them as well.
  • supaclive
    supaclive Posts: 6,518
    Anybody that buys this club for £40m is mental. The maths has been done. It's worthless!
  • Chrispy51
    Chrispy51 Posts: 473

    So if the Aussies miss the deadline, then what does Duchatelet do?

    He still wants to sell and so far they are the only known buyers.

    Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.

    Just can't see RD shutting the door on the Aussies 100%

    This is the big question.

    For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.

    That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.

    In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
    How can only some of the directors get paid off who would agree to that

    All the ex directors should be paid off in full or not at all ,


    The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener

    Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
    We would have gone into admin without RD as well, should he also therefore be paid back in full?
  • cfgs
    cfgs Posts: 11,494
    supaclive said:

    Anybody that buys this club for £40m is mental. The maths has been done. It's worthless!

    No Napa proved it is priceless not worthless.


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  • Chrispy51 said:

    So if the Aussies miss the deadline, then what does Duchatelet do?

    He still wants to sell and so far they are the only known buyers.

    Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.

    Just can't see RD shutting the door on the Aussies 100%

    This is the big question.

    For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.

    That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.

    In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
    How can only some of the directors get paid off who would agree to that

    All the ex directors should be paid off in full or not at all ,


    The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener

    Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
    We would have gone into admin without RD as well, should he also therefore be paid back in full?
    Of course he should , the hatred for what he has done is correct and right and wishing he lost all his money is fine

    But in reality he should get his money back because ultimately it did serve its purpose

    When it’s not our own money it’s very easy to judge how it should be spent or redistributed back to the one who actually spent it

    The value of something is what someone would pay for it and the value was £40.5 mil that’s the figure that the saudis were prepared to pay and was the figure the Aussies upped to ko them from the process

    Who would walk away from that I don’t think we will get relegated I don’t think we will go up I think someone will pay that and ownership will change when that will happen only god knows and I honestly think only we care no one else in the wider world of football
  • Valley27000
    Valley27000 Posts: 3,417
    Who are the American investors?.
  • JamesSeed
    JamesSeed Posts: 17,391

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.

    It’s disappoinring nonetheless.
  • Valley27000
    Valley27000 Posts: 3,417
    James seed is it true about the American' s?.
  • andynelson
    andynelson Posts: 1,951
    JamesSeed said:

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.

    It’s disappoinring nonetheless.
    Also very confusing, if the deal was genuinely expected to go through as far back as February.
  • soapboxsam
    soapboxsam Posts: 23,237
    edited June 2018

    PeterGage said:

    My source says the “other” lot are South American and they have moved ahead of the Aussies.

    Galapagos Islands Consortium :-)
    I’ve heard they are a consortium from The Falklands....known locally as The Falklands 6.
    This consortium would have patience in their DNA.
    They are ewes to counting sheep.
  • RedChaser
    RedChaser Posts: 19,888
    edited June 2018

    PeterGage said:

    My source says the “other” lot are South American and they have moved ahead of the Aussies.

    Galapagos Islands Consortium :-)
    I’ve heard they are a consortium from The Falklands....known locally as The Falklands 6.
    This consortium would have patience in their DNA.
    They are ewes to counting sheep.

    Hope they're minted :wink:
  • soapboxsam
    soapboxsam Posts: 23,237
    edited June 2018
    RedChaser said:

    PeterGage said:

    My source says the “other” lot are South American and they have moved ahead of the Aussies.

    Galapagos Islands Consortium :-)
    I’ve heard they are a consortium from The Falklands....known locally as The Falklands 6.
    This consortium would have patience in their DNA.
    They are ewes to counting sheep.
    Hope they're minted :wink:

    RedChaser, Duchatelet would try to fleece them.
  • joeaddick
    joeaddick Posts: 430
    JamesSeed said:

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.

    It’s disappoinring nonetheless.
    Did the two 'fairly major investors' have connections with PL Clubs..? If so the likelihood of them getting on board was going to be slim from the off.

    Hope we weren't being set-up as a Feeder Club for two PL Clubs...


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  • bolloxbolder
    bolloxbolder Posts: 7,974
    How depressing. It's July on Sunday FFS, Murray told us it would happen in February. Now thinking he meant 2019.

    Can't stomach much more of logging on to this thread. It's an emotional roller coaster.
  • That’s the emotional side of it mate and I don’t disagree but we are not talking emotion he hasn’t bought something that now has zero value

    The value is 40.5mil or it was when the saudis offer was there also

    If it’s true that the aussies have failed then that figure is no longer the value but in real terms he has an asset worth x amount and he should be able to recover that amount

    I don’t like it personally on an emotional and football level if he lost that I wouldnt t care less

    But it’s not going to happen so he should get his money back whilst we are a going concern because the only reason we are still a going concern is because he put his money in ( I may be wrong but that is how I see it with regards what would have happened if he hadn’t )

    Yes he has run us like shit and he is like I said before at best profiting from youth sales and at worst asset stripping the shit out of us and that doesn’t sit well with me

    So the sooner he is gone the better but for that to happen he has to be bought out
  • Addickted
    Addickted Posts: 19,456
    I'm struggling with the 'two individuals' having connections to other Clubs as being the issue here. Even #thebelgianbastard knew he could not be involved in both St Truiden and Standard.

    The fact that the identity of both has been rumoured for sometime (neither British BTW), why would either want to 'downsize' to buy and run Charlton? Particularly considering the wealth of one of them.

    And why would the EFL just say there were 'two qualifications' over the fit and proper person test. Financial involvement in other clubs is hardly a 'qualification' - it's a complete no no.
  • MartinCAFC
    MartinCAFC Posts: 3,230

    So if the Aussies miss the deadline, then what does Duchatelet do?

    He still wants to sell and so far they are the only known buyers.

    Is RD willing to cut the Aussies dead when there is no other party ready to put their money down.

    Just can't see RD shutting the door on the Aussies 100%

    This is the big question.

    For less than half of the £7m owed to the former directors RD could pay off some of the ex-directors and arrange a lease of The Valley with The Aussies potentially until they do have the cash to buy The Valley.

    That equates to 3-4 more months of funding £1m a month losses so really wouldn't surprise me if RD steps up his efforts to pay out some of the ex-directors and arrange a lease deal with The Aussies until they have the cash.

    In the meantime the beginning of our sleepwalk to League Two gets closer while no deal happens.
    How can only some of the directors get paid off who would agree to that

    All the ex directors should be paid off in full or not at all ,


    The amounts of money owed to each of them from the smallest to the biggest are life changing amounts to most everyday folk and it’s not like writing off a tener

    Whoever buys our club should do the right thing by them all surely as without them the club would’ve gone into a admin years ago
    The point I was making is that the ex-directors don't need to be paid off as a group as they are listed individually and therefore can be approached for repayment individually. I agree they should all get every penny back but my point wasn't to do with how much they get paid back it was that RD might only need to approach the ones who would refuse to lease The Valley.
  • _MrDick
    _MrDick Posts: 13,123
    edited June 2018

    Who are the American investors?.

    How many F’s in American Investor? I’ll tell you ... There is no F in American Investor (Just my opinion) #TeamWIOTOS
  • JamesSeed
    JamesSeed Posts: 17,391

    JamesSeed said:

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.

    It’s disappoinring nonetheless.
    Also very confusing, if the deal was genuinely expected to go through as far back as February.
    Not sure the Aussies said it was as far as I know.
  • soapboxsam
    soapboxsam Posts: 23,237
    Can Seth Plum buy more Euromillions tickets.
  • RedChaser
    RedChaser Posts: 19,888
    edited June 2018
    The value of something is only what someone is prepared to pay for it at a given point in time; for a football club taking into account property values the playing squad etc. Whilst the Saudis may have offered £40.5m that doesn't mean to say that is what can be achieved now or going forward.

    So I hope he doesn't get anywhere near that figure now and looks back finally realising he's screwed up big time whilst a crew cut looks back at him from the mirror. Fcuk him! Life goes on even if it means AFC Charlton.
  • andynelson
    andynelson Posts: 1,951
    JamesSeed said:

    JamesSeed said:

    If the Aussies don't have the cash now how would they be able to raise the cash as well as subsidising the running of the club?

    I think they always had the funding, but when two fairly major investors are biffed at the last minute, there are always going to be delays finding replacements with available funds, especially with such a risky investment opportunity. ‘Wealthy optimists apply here’.

    It’s disappoinring nonetheless.
    Also very confusing, if the deal was genuinely expected to go through as far back as February.
    Not sure the Aussies said it was as far as I know.
    No, that was Murray. Assuming that he wasn't telling an outright whopper, he must have had good reason to believe it.
This discussion has been closed.