The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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Before anyone asks... I am posting these with pure hope the deal can be achieved.1
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RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.22
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That's not very dynamic of him.Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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At last something worth readingAirman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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@Stu_of_Kunming my typo, should read "if Roland doesn't feck off soon"Henry Irving said:
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.
I've edited it out. @Henry Irving1 -
So RD holding it up. Shock.1
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Is the likely result of this that RD will extend the fire sale in order to make the up-front cash required to pay off the ex directors in full?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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But i thought he was trying to pay off the directors so that he could lease the Valley & Sparrows Lane to the Aussies? So the Aussies want the friendly debt paid off prior to taking over?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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Is this the only (substantive) thing holding it up at the moment do you know?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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So is the deal with former directors, if made (and let's hope so if it's stopping completion), going to confirm the lease of ground and training ground scenario?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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You’d think he’d clear this charge just to get this deal done. Nothing makes sense anymoreAirman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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That's -7m for him though._MrDick said:
You’d think he’d clear this charge just to get this deal done. Nothing makes sense anymoreAirman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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Huh...people with money...huh0
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Did it ever?_MrDick said:
You’d think he’d clear this charge just to get this deal done. Nothing makes sense anymoreAirman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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ESTRAGON: I can't go on like this.
VLADIMIR: That's what you think.3 -
I would've had this in the bag be now if I had the dough and I was the buyer, no question huhSolidgone said:Huh...people with money...huh
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My understanding is that 1) it’s been RD pushing the lease scenario, which would require the loans to be cleared 2) the Aussies want the freehold and the loans cleared.irudd123 said:
So is the deal with former directors, if made (and let's hope so if it's stopping completion), going to confirm the lease of ground and training ground scenario?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
RD made a very low offer to clear the loans, which was rejected by at least three former directors.
None of this info comes from the Aussies, but make of it what you will.17 -
Cos things like charges on the Club and loans to be settled are sorted on the supposed day of completion (take #5) and not while agreeing prices, doing Due Diligence etc. earlier on in the process.
This is NOTHING like buying a house2 -
That, and the amount of time it's taking to remove derogatory reviews on Tripadvisor.Imnot Athletic said:
Is this the only (substantive) thing holding it up at the moment do you know?Airman Brown said:RD hasn’t reached agreement with the former directors. If the Aussies insist on clean title, which I’m assured they are, the deal can’t be closed until he does.
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#TeamWIOTOS
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yawn0
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Impasse.
Think RD will now sell assets and cut as many costs as possible to try to achieve that £7 million.
Player sales with little expenditure and cut off the supply of bacon to the staff and only 13 chips per customer.
Think we might now be firmly in the shizer.2 -
Has RD expected the Aussies to pay the loans off and when they have said no, offered a low amount on purpose to potentially force the Aussies hand?0
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I'm sticking my neck out a bit here but I don't think it will be completed today.30
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Time to get the lawnmower out SHGShootersHillGuru said:Impasse.
Think RD will now sell assets and cut as many costs as possible to try to achieve that £7 million.
Player sales with little expenditure and cut off the supply of bacon to the staff and only 13 chips per customer.
Think we might now be firmly in the shizer.
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I am starting to think it wont happen in my life time!LargeAddick said:I'm sticking my neck out a bit here but I don't think it will be completed today.
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