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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Aussies only have a month before the transfer window shuts. I believe we can loan players after this but it's not a massive incentive to get a deal done in time imo
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Maybe. But then Roland buying the club very quickly didn't make him a good owner.4
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Feeling? Hunch?i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Fu****** nailed on mate!4 -
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
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Sounds good going forward!cafc-west said:
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
If every decision and move they make takes this long is it really worth them getting involved?1 -
Are we nearly there yet?0
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Naturally, the consortium do not post on here, so you @JamesSeed have set yourself up as the self imposed consortium spokesperson and thus you set the expectation level via your postings. This is not a criticism of you but I feel the expectation bar was far too high and I, for one, also feel that progress is much slower than I have expected and I am somewhat frustrated.3
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Yeah I know all that, which is why maybe a consortium / this consortium, ain't the best people to be looking at buying us?cafc-west said:
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Too many cooks and all that
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Perhaps in the initial purchase phase every member investing has to sign off. That’s to be expected. Once the club is owned by the consortium it’s not likely that every decision would need to be run by each investor. A business plan and management structure with Chairman and CEO would just like in any business be making those day to day, week to week and month to month decisions with no input from the “shareholders”.i_b_b_o_r_g said:
Yeah I know all that, which is why maybe a consortium / this consortium, ain't the best people to be looking at buying us?cafc-west said:
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Too many cooks and all that
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I don't see it that way.i_b_b_o_r_g said:
Yeah I know all that, which is why maybe a consortium / this consortium, ain't the best people to be looking at buying us?cafc-west said:
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Too many cooks and all that
Of course there is a need for painstaking detail and sign off processes during the acquisition stage. All the investors will want to know exactly how the deal is shaping, and so they should - they are each putting £millions on the line.
But when its up and running, there will be an annual plan and budget approved by the board and then delegated to the Chief Executive to execute. The Chief Executive would have a very high level of authority to operate and make decisions within those parameters, with proper oversight of and accountability to, a Board of Directors - something which has been sorely lacking at Charlton in recent years.9 -
Perhaps....ShootersHillGuru said:
Perhaps in the initial purchase phase every member investing has to sign off. That’s to be expected. Once the club is owned by the consortium it’s not likely that every decision would need to be run by each investor. A business plan and management structure with Chairman and CEO would just like in any business be making those day to day, week to week and month to month decisions with no input from the “shareholders”.i_b_b_o_r_g said:
Yeah I know all that, which is why maybe a consortium / this consortium, ain't the best people to be looking at buying us?cafc-west said:
Dealing with any consortium/committee/group of people is always a nightmare. Lots of different opinions, ideas and 'hidden agendas'. It will always slow things down and, quite often, each member will want to do an element of DD before signing on the dotted line. Getting consensus on decisions from a group, possibly in different time zones is tortuous - so the term consortium and dynamic in the same sentence...don't really fit. It's very frustrating but understandable IMO.i_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Too many cooks and all that0 -
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Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.joeaddick said:JamesSeed said:
No they’re terrible aren’t theyi_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.1 -
Morning Derekcatfordmorry said:
Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.joeaddick said:JamesSeed said:
No they’re terrible aren’t theyi_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.0 -
Folks, I replied to ibborg's comment with 'No they're terrible aren't they' and then I added a ;-) emoji. I think because I used an emoticon (is that the right word?) the text after the emoticon didn't appear, along with the emotico/emoji.JamesSeed said:
No they’re terrible aren’t theyi_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
My full post was something like...
No they’re terrible aren’t they ;-)
The bid was fully funded on May 21st for the purchase of the club, as well as for a 5 year plan for the running of the business, along with funds for the squad improvements that would be required to mount promotion bids.
It's really frustrating that, because of the withdrawal of a backer, there has been a delay of four weeks getting a replacement in place. But remember this wasn't a replacement with two or three million burning a hole in his or her pocket, this was a backer with the funds to support a 5 year plan.
So I'd say rather than being 'not very dynamic', perhaps we should be they're holding their nerve at a time when others may not have.
Personally I'd rather put up with a delay, no matter how frustrating this might be, rather than sell to another consortium, who might be able to cobble together enough money to buy the club, but with no clear plan or funding for the future.
This is just an opinion, and if you don't agree with it, fine, but let's debate politely without getting carried away. There's at least two sides to every argument :-)
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I just buy stuff everyday and that's a tactical nightmare. 'That's £1.65.' 'Shit, SHIT. What do I do? Here's a tenner.'catfordmorry said:
Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.joeaddick said:JamesSeed said:
No they’re terrible aren’t theyi_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.0 -
Too many cooks spoil the broth v Many hands make light work
Roland is a proven terrible owner v We don't know how the Aussies will be as owners as yet0 -
Not sure what it's based on, but another worrying hint.Stu_of_Kunming said:Copied from another thread:
I also suspect that, if Roland does feck off soon, this will be just the tip of the iceberg in terms of cuts.
@Stu_of_Kunming my typo, should read "if Roland doesn't feck off soon"2 -
Could see it as "persistent, calm, attention to detail, ensuring they are getting it right, having a plan and funding in place before jumping in, not put off by Roland's spoiling tactics, want Charlton, not just any old club".catfordmorry said:
Certainly not the way I feel, I’m glad they’re still in the hunt. As someone who buys and sells stuff almost every day I cannot imagine how complicated a deal of this nature must be.joeaddick said:JamesSeed said:
No they’re terrible aren’t theyi_b_b_o_r_g said:Has anyone else got the feeling that this is all gonna be a massive anti-climax. This consortium don't seem very dynamic do they
Why give that response..?
"This consortium don't seem very dynamic"sums up the feelings of many fans right now.10 -
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Wonder how easy it is to get another investor at short notice? An add in exchange and mart? webuyanyclub.com? investors r us?0
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I haven't really got involved in this thread, and I'm certainly not "in the know"...
However, I felt a huge surge of positivity after the Shrewsbury play off game, at the sight of members of the AFL consortium wearing Charlton gear.
This was compounded by many of those same people at the away leg.
But now? All that positivity has gone. I don't know what to think. And I feel a little betrayed.3 -
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(just to get the binary back on track)1 -
If he does not buy the club now he is going to look a right prick after parading around in a scarf and showing himself to the fans.East_Stand_Loopy said:I haven't really got involved in this thread, and I'm certainly not "in the know"...
However, I felt a huge surge of positivity after the Shrewsbury play off game, at the sight of members of the AFL consortium wearing Charlton gear.
This was compounded by many of those same people at the away leg.
But now? All that positivity has gone. I don't know what to think. And I feel a little betrayed.0 -
Thanks for usual Positivity0
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I personally wouldn't mind a consortium, but one that is proactive and one that can at least point out that they, or identify that their fellow members are not eligible to get involved in the first placeHenry Irving said:Too many cooks spoil the broth v Many hands make light work
Roland is a proven terrible owner v We don't know how the Aussies will be as owners as yet2 -
Is there anyone clinging on to a hope that the Aussies' bid fails and Roland stays in control?
Would anyone prefer Roland still to be in charge of the whole club, simply because the Aussies are acting diligently instead of just quickly?
Who has a preference for continued Roland ownership, over and above a consortium with plans, finance and ambition?6 -
Just the other place in the shadows... And Sue.Chizz said:Is their anyone clinging on to a hope that the Aussies' bid fails and Roland stays in control?
Would anyone prefer Roland still to be in charge of the whole club, simply because the Aussies are acting diligently instead of just quickly?
Who has a preference for continued Roland ownership, over and above a consortium with plans, finance and ambition?1 -
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This discussion has been closed.
