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.
AFKA for not keeping the bite size thread updated more frequently ?
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.
I appreciate your insight into the business structural things.
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.
AFKA for not keeping the bite size thread updated more frequently ?
Never in the field of Charlton Life conflict has so little been said by so many. Isn’t anyone else very bored of all of this now? Get a new hobby, do some work, read a book, talk to your family, it’s Charlton get a life now folks..
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)?
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.
AFKA for not keeping the bite size thread updated more frequently ?
With what ??? :-)
Maybe needs a daily summary thread, like argument born of frustration,
Pg 990 to 995, ex director loan discussion / speculation :
Pg 950 - 970, total going of subject :
Pg 800 - 900, discussion of attack on Australian :
Pg 702 S Grapevine post p
Pg 600 to 700 fish puns etc.
It will save actually trawling through the whole thread for anything of note.
I was spared by @harveys_gardener having to go through it with a succinct summary. 450 posts since I last looked and nothing much has changed.
Never in the field of Charlton Life conflict has so little been said by so many. Isn’t anyone else very bored of all of this now? Get a new hobby, do some work, read a book, talk to your family, it’s Charlton get a life now folks..
Maybe the current issue is not WIOTOS because that leads us to occupy a vacuum limbo of waiting and hanging about. Despite the so called official pronouncements from the club (and am I the only person who sees the entire communications department as an irrelevant propaganda machine operated by dreary flunkies?) the reality is that Duchatelet owns us and is running us. If that means optimism for some people, season tickets, Valley Gold, Valley Pass, carnivore evenings at the club then good for them, they are content. If that means pessimism for some people it will be about how that manifests either collectively or individually. I am a pessimist under Duchatelet, but ignoring it all does not feel like an option for me, I have too much personal investment to let it go and stay away from it all. So if there are others like me (as there has been in the past) I am all for a campaign of disruption, civil disobedience, trickery, and general fifth columnism rather than do nothing. As I write today ROT is all we've got.
ROT 'is all we've got'?! Maybe ROT is all we need!
I understand @ROT will be continuing their campaign in St Truiden soon. The election is just over 3 months away.
Maybe the current issue is not WIOTOS because that leads us to occupy a vacuum limbo of waiting and hanging about. Despite the so called official pronouncements from the club (and am I the only person who sees the entire communications department as an irrelevant propaganda machine operated by dreary flunkies?) the reality is that Duchatelet owns us and is running us. If that means optimism for some people, season tickets, Valley Gold, Valley Pass, carnivore evenings at the club then good for them, they are content. If that means pessimism for some people it will be about how that manifests either collectively or individually. I am a pessimist under Duchatelet, but ignoring it all does not feel like an option for me, I have too much personal investment to let it go and stay away from it all. So if there are others like me (as there has been in the past) I am all for a campaign of disruption, civil disobedience, trickery, and general fifth columnism rather than do nothing. As I write today ROT is all we've got.
ROT 'is all we've got'?! Maybe ROT is all we need!
I understand @ROT will be continuing their campaign in St Truiden soon. The election is just over 3 months away.
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)?
Is this a serious question, or do the quotation marks imply sarcasm?
Never in the field of Charlton Life conflict has so little been said by so many. Isn’t anyone else very bored of all of this now? Get a new hobby, do some work, read a book, talk to your family, it’s Charlton get a life now folks..
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)?
Is this a serious question, or do the quotation marks imply sarcasm?
Of course it was a serious question - you mentioned a five year plan and I was interested in what that plan envisaged.
I'd be more interested in what the plan determines happens if we haven't made the Premier League in five years, which is a big ask.
It was a serious question and it was quoted as it was based on what you said.
I’ll answer for you, it was to get into the Premier League @se9addick
Well if it was based on what i said he could have quoted the next bit which was "to get to the Premier League".
I've given up taking things people say at face value ages ago tbh.
Eh, you said - "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"
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)?
I don't think they have a 5 year plan with an aim to exit when the 5 years are up. I think they aim to build a long term future for the club, not make a quick sale once we're in the Premier League, as far as I can tell.
There's a school of thought that says sport and entertainment has good value long term growth prospects, with clubs having the potential to one day sell their own product directly to fans, without help from facilitators like Sky, BT or Amazon etc.
Having said that, the Aussies are sports mad, and their aim to create a club that their fellow Australians can get behind is a dfferent model, but one that also has the potential to create long term stability for the Charlton Roos.
So no, I don't think they have a 5 year plan to stay in L1, and I also don't think it's a scheme to cash in on achieving Premier League status.
It was a serious question and it was quoted as it was based on what you said.
I’ll answer for you, it was to get into the Premier League @se9addick
Well if it was based on what i said he could have quoted the next bit which was "to get to the Premier League".
I've given up taking things people say at face value ages ago tbh.
Eh, you said - "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"
Sorry, I talked about the 5 year plan in the report of the meeting I had with GM on 18th May. I assume that's what you meant, as everybody seems to have read that.
It was a serious question and it was quoted as it was based on what you said.
I’ll answer for you, it was to get into the Premier League @se9addick
Well if it was based on what i said he could have quoted the next bit which was "to get to the Premier League".
I've given up taking things people say at face value ages ago tbh.
Eh, you said - "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"
Sorry, I talked about the 5 year plan in the report of the meeting I had with GM on 18th May. I assume that's what you meant, as everybody seems to have read that.
Never in the field of Charlton Life conflict has so little been said by so many. Isn’t anyone else very bored of all of this now? Get a new hobby, do some work, read a book, talk to your family, it’s Charlton get a life now folks..
It's Charlton Life Jim, but not as we know it
Jim who?
I'd imagine that there's a significant quantity of Whoosh!!! heading someone's direction....
Comments
Pg 990 to 995, ex director loan discussion / speculation :
Pg 950 - 970, total going of subject :
Pg 800 - 900, discussion of attack on Australian :
Pg 702 S Grapevine post p
Pg 600 to 700 fish puns etc.
It will save actually trawling through the whole thread for anything of note.
I was spared by @harveys_gardener having to go through it with a succinct summary. 450 posts since I last looked and nothing much has changed.
I understand @ROT will be continuing their campaign in St Truiden soon. The election is just over 3 months away.
I’ll answer for you, it was to get into the Premier League @se9addick
I'd be more interested in what the plan determines happens if we haven't made the Premier League in five years, which is a big ask. Cheers.
I've given up taking things people say at face value ages ago tbh.
There's a school of thought that says sport and entertainment has good value long term growth prospects, with clubs having the potential to one day sell their own product directly to fans, without help from facilitators like Sky, BT or Amazon etc.
Having said that, the Aussies are sports mad, and their aim to create a club that their fellow Australians can get behind is a dfferent model, but one that also has the potential to create long term stability for the Charlton Roos.
So no, I don't think they have a 5 year plan to stay in L1, and I also don't think it's a scheme to cash in on achieving Premier League status.
A sequel after only 25 years.