The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

i_b_b_o_r_g

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

Exactly my point, but shall we move on from that now maybe

ShootersHillGuru

Round and round she goes where it ends nobody knows

RedChaser

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

So would I and I'd hope it was but as has been put forward before on here maybe the goalposts moved on the sale price which could have been for several reasons

Whatever, if they are not prepared to pay off the debentures and I wouldn't have agreed to that in the first place, then that's their call. It doesn't make them dodgy or unfit to be owners does it, it says to me they want value for money and the club they looked at way back when, is not worth that today as it's assets (staff on and off the pitch), have been watered down and it's league standing is still third tier.

NapaAddick

Can someone clear up for me.... it sounds like there are two issues...

1. Debentures to former board members

2. Ownership issues held over from previous owners recently uncovered that may or may not cost money?

Is this correct?

harveys_gardener

i_b_b_o_r_g said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

Exactly my point, but shall we move on from that now maybe

I agree but despite posting similar several times, we still get pages and pages of bollx trotted out that directors loans are holding up a deal.

RedChaser

harveys_gardener said:

i_b_b_o_r_g said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

Exactly my point, but shall we move on from that now maybe

I agree but despite posting similar several times, we still get pages and pages of bollx trotted out that directors loans are holding up a deal.

I despair I really do! You're either being obdurate or a WUM and I'm leaning towards the latter.

harveys_gardener

RedChaser said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

So would I and I'd hope it was but as has been put forward before on here maybe the goalposts moved on the sale price which could have been for several reasons

Whatever, if they are not prepared to pay off the debentures and I wouldn't have agreed to that in the first place, then that's their call. It doesn't make them dodgy or unfit to be owners does it, it says to me they want value for money and the club they looked at way back when, is not worth that today as it's assets (staff on and off the pitch), have been watered down and it's league standing is still third tier.

Can I reiterate, the debentures are only repayable in the Prem when £7m will be change down the back of the sofa. MOVE ON!!!

i_b_b_o_r_g

RedChaser said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

So would I and I'd hope it was but as has been put forward before on here maybe the goalposts moved on the sale price which could have been for several reasons

Whatever, if they are not prepared to pay off the debentures and I wouldn't have agreed to that in the first place, then that's their call. It doesn't make them dodgy or unfit to be owners does it, it says to me they want value for money and the club they looked at way back when, is not worth that today as it's assets (staff on and off the pitch), have been watered down and it's league standing is still third tier.

No it doesn't and I've not seen anyone say that it does. The issue has been that it weren't picked up earlier, but the answer to that now seems to be that it actually was picked up by the Aussies and it is now RD who has moved the goal posts later on.

Like I just said, there's absolutely no flies on this mob and it goes to show that things really can be too good and true at the same time.

alangee

harveys_gardener said:

RedChaser said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

So would I and I'd hope it was but as has been put forward before on here maybe the goalposts moved on the sale price which could have been for several reasons

Whatever, if they are not prepared to pay off the debentures and I wouldn't have agreed to that in the first place, then that's their call. It doesn't make them dodgy or unfit to be owners does it, it says to me they want value for money and the club they looked at way back when, is not worth that today as it's assets (staff on and off the pitch), have been watered down and it's league standing is still third tier.

Can I reiterate, the debentures are only repayable in the Prem when £7m will be change down the back of the sofa. MOVE ON!!!

RedChaser said:

harveys_gardener said:

i_b_b_o_r_g said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

Exactly my point, but shall we move on from that now maybe

I agree but despite posting similar several times, we still get pages and pages of bollx trotted out that directors loans are holding up a deal.

I despair I really do! You're either being obdurate or a WUM and I'm leaning towards the latter.

I think you hit the nail on the head there redchaser.

RedChaser

harveys_gardener said:

RedChaser said:

harveys_gardener said:

I am not a wealthy businessman but before spending £1m on DD, I would spend 100 pence at Land Registry looking at charges on assets. Even if I didn't it would be top of the list for my team. I wouldn't spend £1m then ask if RD owns everything outright. Thus the £7m isn't the issue.

So would I and I'd hope it was but as has been put forward before on here maybe the goalposts moved on the sale price which could have been for several reasons

Whatever, if they are not prepared to pay off the debentures and I wouldn't have agreed to that in the first place, then that's their call. It doesn't make them dodgy or unfit to be owners does it, it says to me they want value for money and the club they looked at way back when, is not worth that today as it's assets (staff on and off the pitch), have been watered down and it's league standing is still third tier.

Can I reiterate, the debentures are only repayable in the Prem when £7m will be change down the back of the sofa. MOVE ON!!!

Do me a favour Land cannot change hands with prior charges on it. If your house has a mortgage outstanding on it could you sell it without your Bank / Building society wanting repayment or a rearrangement of facilities? Answer = NO

nth_london_addick

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

i_b_b_o_r_g

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

I know they did mate, not digging anyone out, just trying to make the point that everything that has been said in the previous 1000 odd pages of this thread has now been forgotten about and if you remind anyone of what has been said, or pose a question regarding what has been, you're either not very bright or a WUM

RedChaser

I'm looking for a nice big brick wall to go and bang my head against, don't worry if I'm out of circulation for a bit I need a time out anyway

i_b_b_o_r_g

RedChaser said:

I'm looking for a nice big brick wall to go and bang my head against, don't worry if I'm out of circulation for a bit I need a time out anyway

Don't you think that maybe you're the one who's missing the point that not everyone is as convinced as you are on the Golden Consortium just yet

RedChaser

i_b_b_o_r_g said:

RedChaser said:

I'm looking for a nice big brick wall to go and bang my head against, don't worry if I'm out of circulation for a bit I need a time out anyway

Don't you think that maybe you're the one who's missing the point that not everyone is as convinced as you are on the Golden Consortium just yet

No further comment mate, I'm out. WIOTOS

nth_london_addick

i_b_b_o_r_g said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

I know they did mate, not digging anyone out, just trying to make the point that everything that has been said in the previous 1000 odd pages of this thread has now been forgotten about and if you remind anyone of what has been said, or pose a question regarding what has been, you're either not very bright or a WUM

Let’s just go fishing in your neck of the woods I wi drive over we are closer to Russia from yours sink some World Cup beers and fuck off to Moscow when we get back it still won’t be sorted and we can get to the bottom of it then

#itscominghomequickerthananaussietakeover

JamesSeed

Perhaps we should just wait and see what happens. There's nothing any of us can do to influence proceedings, so why not take a break from the arguments and have a breather, before it all gets nasty again.
Semi final on Wednesday. Fingers crossed.

harveys_gardener

I have it on good authority that one of the consortium is Aussie businessman Edward K**g who is a huge bloke. The sticking point is that an anagram of Roland Duchatelet is 'cheat round tall Ted' and Muir wants Roly to change his name by deedpoll as it omens bad luck.

bigstemarra

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

soapy_jones

harveys_gardener said:

I have it on good authority that one of the consortium is Aussie businessman Edward K**g who is a huge bloke. The sticking point is that an anagram of Roland Duchatelet is 'cheat round tall Ted' and Muir wants Roly to change his name by deedpoll as it omens bad luck.

Really HG? Because i have read some real horse shite on here...

i_b_b_o_r_g

bigstemarra said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

But then the Aussies are unknown quantity when it come all the above as well.

alangee

i_b_b_o_r_g said:

bigstemarra said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

But then the Aussies are unknown quantity when it come all the above as well.

Every potential buyer is an unknown quantity.

i_b_b_o_r_g

alangee said:

i_b_b_o_r_g said:

bigstemarra said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

But then the Aussies are unknown quantity when it come all the above as well.

Every potential buyer is an unknown quantity.

Well there you go, so we're okay to carry on questioning the Golden Consortium then until they prove otherwise

harveys_gardener

soapy_jones said:

harveys_gardener said:

I have it on good authority that one of the consortium is Aussie businessman Edward K**g who is a huge bloke. The sticking point is that an anagram of Roland Duchatelet is 'cheat round tall Ted' and Muir wants Roly to change his name by deedpoll as it omens bad luck.

Really HG? Because i have read some real horse shite on here...

So have I but this post is not the most far fetched.

alangee

i_b_b_o_r_g said:

alangee said:

i_b_b_o_r_g said:

bigstemarra said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

But then the Aussies are unknown quantity when it come all the above as well.

Every potential buyer is an unknown quantity.

Well there you go, so we're okay to carry on questioning the Golden Consortium then until they prove otherwise

Who said you shouldn't question them?

blackpool72

Round and round we go
Round and round we go
Round and round we go


Continue until bored.

Fumbluff

And Oh don’t you know, this is the game that we came here for....

i_b_b_o_r_g

alangee said:

i_b_b_o_r_g said:

alangee said:

i_b_b_o_r_g said:

bigstemarra said:

nth london addick said:

@i_b_b_o_r_g they def existed mate they may now have been sorted I have not asked nor spoken about it .

The charges are an ongoing issue and have been for months

I am gutted @Davidsmith has been chased off from here as he always posted very reliable snipets and imo yesterday his posts were disected to read in a totally different way to how he posted them

What I don’t get is if RD wants out and the Aussies want in why a compromise between the two can’t be sort

Yes, but that relies on the somewhat questionable assumption that RD is a reasonable, rational individual.

Remember, this is the man who thinks he can buy an asset at a knock-down price, totally fuck it up beyond recognition and then sell for multiple times the price he bought it for....I'm not optimistic myself!

But then the Aussies are unknown quantity when it come all the above as well.

Every potential buyer is an unknown quantity.

Well there you go, so we're okay to carry on questioning the Golden Consortium then until they prove otherwise

Who said you shouldn't question them?

Everytime i do it gets scoffed at

The Prince-e-Paul

In some other countries it is common to take on someone else's debts and pay their loans. In Sweden where I'm looking to buy, it is common to advertise a house for sale with the details of the mortgage held against the property which may be passed from seller to buyer, with the rest of the purchase price taken on a second mortgage.

Solidgone

The house anology is back ;0)