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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • harveys_gardener
    harveys_gardener Posts: 7,038
    edited July 2018

    This deal has always been about the price, Roland never understood the Ex Directors loans needed clearing if he was going to find a real buyer.
    Until he pays them off no buyer with a Business brain will buy the Club.
    Aussies as has been mentioned before do not have funds.
    Over to you Roland.

    So it's all about the price?

    Or it's the director's loans?

    Or it that the Aussies don't have the funds?

    Which one @Davidsmith ?
    All three, price has never included Directors Loans from Roland's perspective, but buyers want the charges removed and so that is a reduction in price to Roland,thus stalemate.
    Aussies apparently from multiple sources are cash short .
    Bollox. The loans were to the holding company with a repayment on reaching the Prem (Baton?) or else Murray would have his money now. Staprix bought Baton and are now selling it. RM gets his money when we are in the Prem unless someone stupidy repays him earlier. This is not a hurdle to the Ozzies. £7m to their £150m business plan or Prem gravy train is change at the back of the sofa.
  • Redhenry
    Redhenry Posts: 5,361
    I don't like the idea of the Aussies, something ain't right.
  • Henry Irving
    Henry Irving Posts: 85,255
    edited July 2018
    Redhenry said:

    I don't like the idea of the Aussies, something ain't right.

    I agree that something isn't right but not convinced it's the Aussies.

    It might be them but if so why did all the other parties walk away?

    And who does all this briefing against the Aussies suit?

    Only Roland and Murray.
  • Redhenry
    Redhenry Posts: 5,361
    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.
  • valleynick66
    valleynick66 Posts: 4,895

    Redhenry said:

    I don't like the idea of the Aussies, something ain't right.

    I agree that something isn't right but not convinced it's the Aussies.

    It might be them but if so why did all the other parties walk away?

    And who does all this briefing against the Aussies suit?

    Only Roland and Murray.
    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


  • killerandflash
    killerandflash Posts: 69,912

    Redhenry said:

    I don't like the idea of the Aussies, something ain't right.

    I agree that something isn't right but not convinced it's the Aussies.

    It might be them but if so why did all the other parties walk away?

    And who does all this briefing against the Aussies suit?

    Only Roland and Murray.
    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    Agreed, the we've had 5 months of losses since the January transfer window closed which RD has had to cover.

    I doubt RD cares who buys us, he just wants the best price possible and the earliest date
  • Henry Irving
    Henry Irving Posts: 85,255
    Redhenry said:

    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.

    Possible reasons others have walked away because:

    the price was too high for them.

    they felt it was too much for what was on offer

    Delays by Roland caused them to move on.

    Roland wanted to retain ownership of the Valley

    The training ground was vastly over valued as as almost finished rather than just started.

    DD turn up uncertainties from the Spivs era which buyers weren't happy with.

    Buyers wanted clear ownership and the old directors bonds muddied that.

    They didnt have any money

    Charlton's league one status wasn't what they wanted

    It's all CARD's fault.

  • NapaAddick
    NapaAddick Posts: 4,657



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
  • valleynick66
    valleynick66 Posts: 4,895



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
    No assumption. I just don’t see what the perceived benefit is for him in discrediting the Aussies.

    The post I replied to implied there is advantage to him. If so what ?
  • Henry Irving
    Henry Irving Posts: 85,255



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
    No assumption. I just don’t see what the perceived benefit is for him in discrediting the Aussies.

    The post I replied to implied there is advantage to him. If so what ?
    It shifts the blame for the delay/failure away from him.

    We know he doesn't "do failure" and he doesn't want, imho, to take the blame for his rushed DD, his huge losses or unreasonable price.

    So it's an easy one to blame the Aussies.

    Financially he'd be better off cutting his losses but his pride won't let him.

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  • andynelson
    andynelson Posts: 1,951

    Redhenry said:

    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.

    Possible reasons others have walked away because:

    the price was too high for them.

    they felt it was too much for what was on offer

    Delays by Roland caused them to move on.

    Roland wanted to retain ownership of the Valley

    The training ground was vastly over valued as as almost finished rather than just started.

    DD turn up uncertainties from the Spivs era which buyers weren't happy with.

    Buyers wanted clear ownership and the old directors bonds muddied that.

    They didnt have any money

    Charlton's league one status wasn't what they wanted

    It's all CARD's fault.

    You forgot Brexit.
  • Love brexit
  • cfgs
    cfgs Posts: 11,487
    England have reached the semis, I am cooking a BBQ, I am possibly more than slightly drunk, for tonight at least I will forget about worrying about an illusive takeover.
  • cfgs said:

    England have reached the semis, I am cooking a BBQ, I am possibly more than slightly drunk, for tonight at least I will forget about worrying about an illusive takeover.

    Not acceptable. This thread runs 24/7 you need to check in hourly like everybody else!
  • blackpool72
    blackpool72 Posts: 23,700
    This has gone on for so long that I have absolutely no idea what to say.



    Except.






    Just sell the club and FUCK OFF
  • soapy_jones
    soapy_jones Posts: 21,369
    You're on MY list you vinegar pisser!

    image
  • valleynick66
    valleynick66 Posts: 4,895



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
    No assumption. I just don’t see what the perceived benefit is for him in discrediting the Aussies.

    The post I replied to implied there is advantage to him. If so what ?
    It shifts the blame for the delay/failure away from him.

    We know he doesn't "do failure" and he doesn't want, imho, to take the blame for his rushed DD, his huge losses or unreasonable price.

    So it's an easy one to blame the Aussies.

    Financially he'd be better off cutting his losses but his pride won't let him.
    So RD who cares not about supporters and their views now needs to question the deal in its entirety by suggesting the Aussies have no funds to complete the deal ?

    I still don't see why he would put this message out just to account for the delay. His interest surely is limiting losses not about what 'we' think about the time taken to conclude the deal.

    Likewise what's your rationale for RM being behind a suggestion the Aussie deal has no funding in place ?
  • Henry Irving
    Henry Irving Posts: 85,255



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
    No assumption. I just don’t see what the perceived benefit is for him in discrediting the Aussies.

    The post I replied to implied there is advantage to him. If so what ?
    It shifts the blame for the delay/failure away from him.

    We know he doesn't "do failure" and he doesn't want, imho, to take the blame for his rushed DD, his huge losses or unreasonable price.

    So it's an easy one to blame the Aussies.

    Financially he'd be better off cutting his losses but his pride won't let him.
    So RD who cares not about supporters and their views now needs to question the deal in its entirety by suggesting the Aussies have no funds to complete the deal ?

    I still don't see why he would put this message out just to account for the delay. His interest surely is limiting losses not about what 'we' think about the time taken to conclude the deal.

    Likewise what's your rationale for RM being behind a suggestion the Aussie deal has no funding in place ?
    Maybe he's the British interest and wants a clear run at it.
  • valleynick66
    valleynick66 Posts: 4,895
    edited July 2018



    How exactly does it benefit RD or RM? RD wants out; they are in play as potential buyers as per website.

    Losses mount every day.

    No benefit for RD in discrediting them and losing a sale.


    You make the false assumption that RD is "rational." Arguments such as "this is costing him money!" or "he has no alternatives!" just are meaningless to him. After all, he bought without doing DD.
    No assumption. I just don’t see what the perceived benefit is for him in discrediting the Aussies.

    The post I replied to implied there is advantage to him. If so what ?
    It shifts the blame for the delay/failure away from him.

    We know he doesn't "do failure" and he doesn't want, imho, to take the blame for his rushed DD, his huge losses or unreasonable price.

    So it's an easy one to blame the Aussies.

    Financially he'd be better off cutting his losses but his pride won't let him.
    So RD who cares not about supporters and their views now needs to question the deal in its entirety by suggesting the Aussies have no funds to complete the deal ?

    I still don't see why he would put this message out just to account for the delay. His interest surely is limiting losses not about what 'we' think about the time taken to conclude the deal.

    Likewise what's your rationale for RM being behind a suggestion the Aussie deal has no funding in place ?
    Maybe he's the British interest and wants a clear run at it.
    But went on record and said otherwise ?

    Also still doesn’t account for RD putting out messages.

    Genuinely I don’t see why he RD would do that when he wants out.
  • harveys_gardener
    harveys_gardener Posts: 7,038
    edited July 2018
    Does anyone know why 56 DEVELOPMENTS LIMITED LIABILITY PARTNERSHIP has a charge on the club? Seem to be a small fry family business.

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  • ShootersHillGuru
    ShootersHillGuru Posts: 50,642

    Does anyone know why 56 DEVELOPMENTS LIMITED LIABILITY PARTNERSHIP has a charge on the club? Seem to be a small fry family business.

    Where has this come from ? Never seen this mentioned.

  • Isn’t that just one of the ex Directors, Bob Whitehand or whatever his name is.
  • Davidsmith
    Davidsmith Posts: 207

    This deal has always been about the price, Roland never understood the Ex Directors loans needed clearing if he was going to find a real buyer.
    Until he pays them off no buyer with a Business brain will buy the Club.
    Aussies as has been mentioned before do not have funds.
    Over to you Roland.

    So it's all about the price?

    Or it's the director's loans?

    Or it that the Aussies don't have the funds?

    Which one @Davidsmith ?
    All three, price has never included Directors Loans from Roland's perspective, but buyers want the charges removed and so that is a reduction in price to Roland,thus stalemate.
    Aussies apparently from multiple sources are cash short .
    Bollox. The loans were to the holding company with a repayment on reaching the Prem (Baton?) or else Murray would have his money now. Staprix bought Baton and are now selling it. RM gets his money when we are in the Prem unless someone stupidy repays him earlier. This is not a hurdle to the Ozzies. £7m to their £150m business plan or Prem gravy train is change at the back of the sofa.
    They can sell Baton, Holdings but Charges still there , not a hurdle to Aussies so why have they not done it? Why have they never spoken to Ex Directors?
    So i suggest Bollox is not my problem.

  • Whitehands husband and wife. Were they old investors?
  • Henry Irving
    Henry Irving Posts: 85,255

    This deal has always been about the price, Roland never understood the Ex Directors loans needed clearing if he was going to find a real buyer.
    Until he pays them off no buyer with a Business brain will buy the Club.
    Aussies as has been mentioned before do not have funds.
    Over to you Roland.

    So it's all about the price?

    Or it's the director's loans?

    Or it that the Aussies don't have the funds?

    Which one @Davidsmith ?
    All three, price has never included Directors Loans from Roland's perspective, but buyers want the charges removed and so that is a reduction in price to Roland,thus stalemate.
    Aussies apparently from multiple sources are cash short .
    Bollox. The loans were to the holding company with a repayment on reaching the Prem (Baton?) or else Murray would have his money now. Staprix bought Baton and are now selling it. RM gets his money when we are in the Prem unless someone stupidy repays him earlier. This is not a hurdle to the Ozzies. £7m to their £150m business plan or Prem gravy train is change at the back of the sofa.
    They can sell Baton, Holdings but Charges still there , not a hurdle to Aussies so why have they not done it? Why have they never spoken to Ex Directors?
    So i suggest Bollox is not my problem.

    Make your mind up.

    First it was Duchatelet who wouldn't pay it off but know your asking why the Aussies haven't paid it.

    As usual you pose more questions than you give answers.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    edited July 2018
    Redhenry said:

    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.

    I'm not claiming to have a great business mind, but I've been saying it a while, if these are the same outfit who were sniffing round for more investment in the City to even make the initial offer, it should ring alarm bells imo.

    I think the Aussies have thought they've had the upper hand all along and basically went along with everything to get to the point where RD was so desperate to offload, that He would agree to a couple of small concessions to get the deal over the line, the £7 million charge being one, but they never took into account what a greedy stubborn old goat he is. Whoever was responsible for paying this £7 million off shoulda / woulda been agreed months ago, surely. So why is it a sticking point now, when the deal is supposedly so close? Someone ain't being honest and I personally don't think its all RD meself.

    Queue the LOLs from the sheeple on here who won't have nothing bad said about the Aussies, but look at the bigger picture ffs, even if the deal goes through on Monday, there's still a couple of quite large question marks over certain things that have gone on over the last few months.


  • JamesSeed
    JamesSeed Posts: 17,382
    Redhenry said:

    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.

    There’s nothing dodgy going on, not from the Aussie side anyway. If there’s a niff in the air, and I suspect there is, it’s coming from a different direction.
  • Davidsmith
    Davidsmith Posts: 207

    This deal has always been about the price, Roland never understood the Ex Directors loans needed clearing if he was going to find a real buyer.
    Until he pays them off no buyer with a Business brain will buy the Club.
    Aussies as has been mentioned before do not have funds.
    Over to you Roland.

    So it's all about the price?

    Or it's the director's loans?

    Or it that the Aussies don't have the funds?

    Which one @Davidsmith ?
    All three, price has never included Directors Loans from Roland's perspective, but buyers want the charges removed and so that is a reduction in price to Roland,thus stalemate.
    Aussies apparently from multiple sources are cash short .
    Bollox. The loans were to the holding company with a repayment on reaching the Prem (Baton?) or else Murray would have his money now. Staprix bought Baton and are now selling it. RM gets his money when we are in the Prem unless someone stupidy repays him earlier. This is not a hurdle to the Ozzies. £7m to their £150m business plan or Prem gravy train is change at the back of the sofa.
    They can sell Baton, Holdings but Charges still there , not a hurdle to Aussies so why have they not done it? Why have they never spoken to Ex Directors?
    So i suggest Bollox is not my problem.

    Make your mind up.

    First it was Duchatelet who wouldn't pay it off but know your asking why the Aussies haven't paid it.

    As usual you pose more questions than you give answers.
    No i dont , keep up , Roland not paying so buyer has to, whats hard to understand about that. Aussies, Spacemen, Saudis who the hell ever, have you got it now?
    I am not posting anymore as its likeceducating children. Bye abuse me at your will Henry.
  • JamesSeed
    JamesSeed Posts: 17,382
    edited July 2018

    Redhenry said:

    Why have others walked away and they are still here? I don't have any inside info but it just smells wrong.

    I'm not claiming to have a great business mind, but I've been saying it a while, if these are the same outfit who were sniffing round for more investment in the City to even make the initial offer, it should ring alarm bells imo.

    I think the Aussies have thought they've had the upper hand all along and basically went along with everything to get to the point where RD was so desperate to offload, that He would agree to a couple of small concessions to get the deal over the line, the £7 million charge being one, but they never took into account what a greedy stubborn old goat he is. Whoever was responsible for paying this £7 million off shoulda / woulda been agreed months ago, surely. So why is it a sticking point now, when the deal is supposedly so close? Someone ain't being honest and I personally don't think its all RD meself.

    Queue the LOLs from the sheeple on here who won't have nothing bad said about the Aussies, but look at the bigger picture ffs, even if the deal goes through on Monday, there's still a couple of quite large question marks over certain things that have gone on over the last few months.
    Sheeple? Bit harsh. To say something bad about the Aussies you need to have some evidence that they’ve done something wrong. If we find out something bad about the Aussies I’m sure opinions will shift. You’ve speculated a lot here, but I’m not sure what it’s based on, is all.

    What are these question marks? There’s been lots of speculation about them bidding high, or bidding low, or paying off directors or not paying off directors, when the truth is no one knows what’s going on in the negotiations because they’re between Gerard Murphy and Roland’s money man, and neither are saying a word. If you’re implying something shady is going on, I’d like to see your evidence of that!

    GM has said zero to me since our beer, except to deny rumours put out by agitators.

    So what is your evidence, or where are you hearing these rumours?
This discussion has been closed.