I thought the Meire/Olly thing was because she picked on him for his clothes (something I condemned at the time if you wish to read back), and there was a hearing (and I know who 'chaired it') and he was found to have done nothing wrong. Is that standing up to somebody or (rightly) protecting oneself, or maybe you think they are one and the same thing.
I thought the Meire/Olly thing was because she picked on him for his clothes (something I condemned at the time if you wish to read back), and there was a hearing (and I know who 'chaired it') and he was found to have done nothing wrong. Is that standing up to somebody or (rightly) protecting oneself, or maybe you think they are one and the same thing.
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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?
It's taken them well over a year to get their hands on a tin pot league one club.
Alarm bells have pretty much rung themselves out. Something seriously wrong with their plan imo. You can bang their drum all you like. The fact that they still haven't managed to get this over the line at point critical speaks volumes. Any group with proper business savvy would have walked away long ago imo.
Don't tell me. They're just trying to help us out and are hanging in there for the good of the club. Total bollox if you ask me.
Clean title would also be essential were you wishing to undertake any redevelopment or relocation exercise
Posted without really reading everything, so apologies if it’s old ground, but clean title would probably also be essential if you are not actually planning on putting the cash up front but intended to borrow the money against the assets you were taking over
Just an opinion, but I believe the investors are there to put up the money for the five year plan, and the investors are wealthy individuals who shouldn’t need to borrow the money from banks.
You've mentioned the "five year plan" before @JamesSeed . What does this plan account for? Five years in L1? Five years until we're in the Prem (which is presumably when they make their money back)?
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It was a good week predicated from James Seed and 450 posts since I last looked at this thread. Was it a good week, other than the England football team ? Is there any news on getting thread of Duchatelet and has anything happened apart from people getting angry and frustrated at the time the whole bloody thing is taking ?
It was a good week predicated from James Seed and 450 posts since I last looked at this thread. Was it a good week, other than the England football team ? Is there any news on getting thread of Duchatelet and has anything happened apart from people getting angry and frustrated at the time the whole bloody thing is taking ?
No. People are still insisting that the Ozzies are going to pay £1-2m interest to pay up debentures for free title rather than wait until we are in the Prem. Others insist RD can't sell until they are settled. Some speculate that these multi-millionaires and their expensive legal teams have only just found out about directors loans despite them being in the public domain without DD. The more deluded insist Muir hasn't the funds.
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When the takeover happens will it be like the tele. If this thread has affected you please call CLIT Charlton life information towers On 0800000000 for further suffering.
When the takeover happens will it be like the tele. If this thread has affected you please call CLIT Charlton life information towers On 0800000000 for further suffering.
Maybe the delays are simply due to the Aussies trying to negotiate a better deal for them. The longer they hold off the more operating costs RD has to meet. If they see this as persuading RD to take a lower price so much the better for them.
Presumably they are content to go to the wire on taking on responsibility as long as timing fits with their business plan - which may not assume promotion in year one.
Or more positively they have a date in mind when they assume control and throw some cash at the squad. If they manage to negotiate RD down they may have more cash to spend.
If their connections are as good as hoped it won’t have stopped them identifying targets and leave them ready to invest in the club when they choose to.
Too optimistic I am sure. But I can’t see RD holding this up if it’s to his financial cost.
RD trying to do a deal on the loans may have been his attempt to meet the Aussies half way.
When the takeover happens will it be like the tele. If this thread has affected you please call CLIT Charlton life information towers On 0800000000 for further suffering.
Slightly leftfield but there is also the potential tax implications of A. writing off loans B. turning loans into equity
What might be preferable to the seller might not be for the buyer.
Not an expert but I think there is a watershed of 5 years when you have loaned money to a related company on B. i.e. if RD sells before January, Baton might make a tax hit.
Maybe the delays are simply due to the Aussies trying to negotiate a better deal for them. The longer they hold off the more operating costs RD has to meet. If they see this as persuading RD to take a lower price so much the better for them.
Presumably they are content to go to the wire on taking on responsibility as long as timing fits with their business plan - which may not assume promotion in year one.
Or more positively they have a date in mind when they assume control and throw some cash at the squad. If they manage to negotiate RD down they may have more cash to spend.
If their connections are as good as hoped it won’t have stopped them identifying targets and leave them ready to invest in the club when they choose to.
Too optimistic I am sure. But I can’t see RD holding this up if it’s to his financial cost.
RD trying to do a deal on the loans may have been his attempt to meet the Aussies half way.
don't believe it for one minute. They would want it done asap to give LB time to put a squad together. There is only one person slowing this down & thats RD. They quite rightly want clean title & want RD to clear the loans off. Its not their problem he was unaware of it......
which leads me to another point. I think there has been chinese whispers on here or people not reading posts properly. Its not the Aussies who have only found out recently about the ex director loans but RD himself. Only one person to blame for all this imo.
Comments
Seems an age ago.
It ain't gonna happen.
Date - Source - Notes
11 July 2018 - BexleyBoy/Colin - positive news
13 July 2018 - VOTV - RD deadline to complete the deal
Anything I’ve missed?
https://beta.companieshouse.gov.uk/company/07326155/charges
All recycled inane speculation bereft of logic. Give it another week mate.
If this thread has affected you please call
CLIT
Charlton life information towers
On 0800000000 for further suffering.
Presumably they are content to go to the wire on taking on responsibility as long as timing fits with their business plan - which may not assume promotion in year one.
Or more positively they have a date in mind when they assume control and throw some cash at the squad. If they manage to negotiate RD down they may have more cash to spend.
If their connections are as good as hoped it won’t have stopped them identifying targets and leave them ready to invest in the club when they choose to.
Too optimistic I am sure. But I can’t see RD holding this up if it’s to his financial cost.
RD trying to do a deal on the loans may have been his attempt to meet the Aussies half way.
A. writing off loans
B. turning loans into equity
What might be preferable to the seller might not be for the buyer.
Not an expert but I think there is a watershed of 5 years when you have loaned money to a related company on B. i.e. if RD sells before January, Baton might make a tax hit.
which leads me to another point. I think there has been chinese whispers on here or people not reading posts properly. Its not the Aussies who have only found out recently about the ex director loans but RD himself. Only one person to blame for all this imo.