The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Proof that Bowyer reads Charlton Life.Henry Irving said:“All I want to do is just win games. If I don’t, that’s my fault.
“You can have a three-year deal – but if you don’t win games then you get the sack, simple as that.”
I like Bowyer
And is desperate to please Henry.
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How does my credit card company know what purchase I make to withhold monies from the company I made a purchase with?
My spend with the Club could be ST money, but it just might have easily be Club shop purchases, hospitality purchases or sponsorship.
If the Club has a separate accounting system for ticket office purchases, my credit card spend could well be on a dozen match tickets for the next home game rather than from a ST purchase. Or a 'Jackson 5' - would they drip feed that?
Sounds a load of old baloney to me.
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He cant be that desperateOggy Red said:
Proof that Bowyer reads Charlton Life.Henry Irving said:“All I want to do is just win games. If I don’t, that’s my fault.
“You can have a three-year deal – but if you don’t win games then you get the sack, simple as that.”
I like Bowyer
And is desperate to please Henry.0 -
any good manager would want to impress their new ownerJohnnysummers5 said:
He cant be that desperateOggy Red said:
Proof that Bowyer reads Charlton Life.Henry Irving said:“All I want to do is just win games. If I don’t, that’s my fault.
“You can have a three-year deal – but if you don’t win games then you get the sack, simple as that.”
I like Bowyer
And is desperate to please Henry.0 -
Sorry sirHenry Irving said:
any good manager would want to impress their new ownerJohnnysummers5 said:
He cant be that desperateOggy Red said:
Proof that Bowyer reads Charlton Life.Henry Irving said:“All I want to do is just win games. If I don’t, that’s my fault.
“You can have a three-year deal – but if you don’t win games then you get the sack, simple as that.”
I like Bowyer
And is desperate to please Henry.0 -
Different merchant code for the box office, standard procedure for most places to have different sub accounts for different business units.Addickted said:How does my credit card company know what purchase I make to withhold monies from the company I made a purchase with?
My spend with the Club could be ST money, but it just might have easily be Club shop purchases, hospitality purchases or sponsorship.
If the Club has a separate accounting system for ticket office purchases, my credit card spend could well be on a dozen match tickets for the next home game rather than from a ST purchase. Or a 'Jackson 5' - would they drip feed that?
Sounds a load of old baloney to me.2 -
OK - so how do you identify the difference between a ST, a block of tickets for a single match or as I said a 'special' like The Jackson Five?Rothko said:
Different merchant code for the box office, standard procedure for most places to have different sub accounts for different business units.Addickted said:How does my credit card company know what purchase I make to withhold monies from the company I made a purchase with?
My spend with the Club could be ST money, but it just might have easily be Club shop purchases, hospitality purchases or sponsorship.
If the Club has a separate accounting system for ticket office purchases, my credit card spend could well be on a dozen match tickets for the next home game rather than from a ST purchase. Or a 'Jackson 5' - would they drip feed that?
Sounds a load of old baloney to me.0 -
When I bought mine with Barclaycard for their zero percent offer for life for football STs many moons ago, they initially added interest as they had no way of identifying the purchase as a ST purchase. I had to send them proof.0
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There are a number of different phases to a transaction on either credit or debit cards. (I'm guessing this issue the club is having will also apply to debit card transactions for season tickets because of the debit card chargeback scheme.)Addickted said:
OK - so how do you identify the difference between a ST, a block of tickets for a single match or as I said a 'special' like The Jackson Five?Rothko said:
Different merchant code for the box office, standard procedure for most places to have different sub accounts for different business units.Addickted said:How does my credit card company know what purchase I make to withhold monies from the company I made a purchase with?
My spend with the Club could be ST money, but it just might have easily be Club shop purchases, hospitality purchases or sponsorship.
If the Club has a separate accounting system for ticket office purchases, my credit card spend could well be on a dozen match tickets for the next home game rather than from a ST purchase. Or a 'Jackson 5' - would they drip feed that?
Sounds a load of old baloney to me.
But in a nutshell there will be a "payment service provider" who organises the transaction either through an in-shop terminal or on-line. And an "acquirer", which may or may not be the same as the payment service provider. The acquirer will have a contract with the merchant and effectively set up a line of credit.
The acquirer is responsible for receiving transaction details once they’ve been collected by the payment service provider.
It then passes them through the card scheme and to the issuer. The acquirer also receives the payment from the card issuer and pays it into the retailer’s bank account (less fees).
So, in the event that goods or services are not provided, that whole process would be unwound. You would claim off your card issuer who would, in turn claim off the acquirer, who would claim back off the retailer (if it was still trading). Risk flags start flying if 1% or more of transcations are reversed or charged back.
So, it will be the acquirer (almost certainly a bank) that is getting nervous. It is they, not the almost countless credit card issuers, as @Rothko said, that are requiring Charlton to put some transaction identifier on payments off credit (and debit?) cards that provides them with a means of identifying the purpose of the transaction.
There is no reason why a punter should see this on a statement and your card company couldn't care. Which is why @Addickted had to show proof to Barclaycard.1 -
Money's Too Tight To Mention - The Valentine Brothers (the original by the writers of the songLargeAddick said:Money's Too Tight To Mention -
Simply Red
) 0 -
Sponsored links:
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Blackpool 72sinceiwasyoung said:Fuck Off Roland -
ABBA4 -
and that warrants a flag?charltonbob said:
Money's Too Tight To Mention - The Valentine Brothers (the original by the writers of the songLargeAddick said:Money's Too Tight To Mention -
Simply Red )
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The Aussies haven't even got control of the club yet and already Muir is trying to head off a demonstration through the streets of Melbourne.Scoham said: 0 -
It's no surprise to me that Muir doesn't want a majority stake.
If he had wanted one, I should imagine that there has been ample opportunity to do so.
Especially when one considers the rumours about delays, due to investors withdrawing/being excluded etc etc and then needing to search for replacement investors.2 -
When he sold just one of his businesses for £480m!BrentfordAddick said:He doesn't have any money.
He's founder of Momatu a digital
He's director of Essendon FC
He's Founder and Director of The Good Foundation and Jamie's Ministry of Food (Australia)
He's Co-Founder of Pet Care Super Centre
He was CEO, Executive Chairman and then the Chairman of the Good Guys before selling the brand on for £480m.
His education was pretty solid too:
Harvard Business School
Advanced Management Program
La Trobe University
Bachelor of Economics
University of New England (AU)
Postgraduate Diploma of Financial Management2 -
But what has he ever done for us?Dazzler21 said:
When he sold just one of his businesses for £480m!BrentfordAddick said:He doesn't have any money.
He's founder of Momatu a digital
He's director of Essendon FC
He's Founder and Director of The Good Foundation and Jamie's Ministry of Food (Australia)
He's Co-Founder of Pet Care Super Centre
He was CEO, Executive Chairman and then the Chairman of the Good Guys before selling the brand on for £480m.
His education was pretty solid too:
Harvard Business School
Advanced Management Program
La Trobe University
Bachelor of Economics
University of New England (AU)
Postgraduate Diploma of Financial Management19 -
Can't say I blame him either, I have no idea why anyone would want to own a football club.Covered End said:It's no surprise to me that Muir doesn't want a majority stake.
If he had wanted one, I should imagine that there has been ample opportunity to do so.
Especially when one considers the rumours about delays, due to investors withdrawing/being excluded etc etc and then needing to search for replacement investors.
Setting fire to your money would make as much financial sense, it'd be a lot less stressful too!3 -
Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.0
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Echidna Acquisitions, it’s a new company:harveys_gardener said:Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.
https://beta.companieshouse.gov.uk/company/113369510 -
Sponsored links:
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Still just one director listedScoham said:
Echidna Acquisitions, it’s a new company:harveys_gardener said:Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.
https://beta.companieshouse.gov.uk/company/113369510 -
Moshiri and the Ursanovs nephews.
Plus Muir?.How can they be called the Australian football consortium?.
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Thanks. Enquiries ongoing.Henry Irving said:
Still just one director listedScoham said:
Echidna Acquisitions, it’s a new company:harveys_gardener said:Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.
https://beta.companieshouse.gov.uk/company/113369510 -
I didn't flag you mate ? ............ or if I have I certainly didn't intend to, I've never flagged anyone (to my knowledge) If I have am I able to take it off ?LargeAddick said:
and that warrants a flag?charltonbob said:
Money's Too Tight To Mention - The Valentine Brothers (the original by the writers of the songLargeAddick said:Money's Too Tight To Mention -
Simply Red )
It was just a bit of fun on my part ending up with the Blackpool 72 comment0 -
I liked the bit in Cawley’s tweet when he said - no timescales. We already know it’s gonna happen in the next 5 years.0
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Brought peace?Johnnysummers5 said:
But what has he ever done for us?Dazzler21 said:
When he sold just one of his businesses for £480m!BrentfordAddick said:He doesn't have any money.
He's founder of Momatu a digital
He's director of Essendon FC
He's Founder and Director of The Good Foundation and Jamie's Ministry of Food (Australia)
He's Co-Founder of Pet Care Super Centre
He was CEO, Executive Chairman and then the Chairman of the Good Guys before selling the brand on for £480m.
His education was pretty solid too:
Harvard Business School
Advanced Management Program
La Trobe University
Bachelor of Economics
University of New England (AU)
Postgraduate Diploma of Financial Management0 -
I know but JBlock didcharltonbob said:
I didn't flag you mate ? ............ or if I have I certainly didn't intend to, I've never flagged anyone (to my knowledge) If I have am I able to take it off ?LargeAddick said:
and that warrants a flag?charltonbob said:
Money's Too Tight To Mention - The Valentine Brothers (the original by the writers of the songLargeAddick said:Money's Too Tight To Mention -
Simply Red )
It was just a bit of fun on my part ending up with the Blackpool 72 comment2 -
I'm confused, what he flagged you for Money's too tight Simply Red ?LargeAddick said:
I know but JBlock didcharltonbob said:
I didn't flag you mate ? ............ or if I have I certainly didn't intend to, I've never flagged anyone (to my knowledge) If I have am I able to take it off ?LargeAddick said:
and that warrants a flag?charltonbob said:
Money's Too Tight To Mention - The Valentine Brothers (the original by the writers of the songLargeAddick said:Money's Too Tight To Mention -
Simply Red )
It was just a bit of fun on my part ending up with the Blackpool 72 comment0 -
"Echidnas are very timid animals. When they feel endangered they attempt to bury themselves or if exposed they will curl into a ball..." (wiki)Scoham said:
Echidna Acquisitions, it’s a new company:harveys_gardener said:Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.
https://beta.companieshouse.gov.uk/company/11336951
That's a good fit to our playing style at times in recent years.3 -
Interesting reading the pdf of the Certificate of Corporation attached that it says that they do not expect one person to have overall control ie 51% of the holdings. Confirms what we already believed.Henry Irving said:
Still just one director listedScoham said:
Echidna Acquisitions, it’s a new company:harveys_gardener said:Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.
https://beta.companieshouse.gov.uk/company/11336951
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