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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Yep it has gotten more and more zabeel like every passing week I expect announcement to be made after the Sunderland game saying that RD is staying and the deals off

    I agree.

    I'm so sure it's not happening before the start of the season that I'll have the ROT logo tattooed on my arse if it does.
    Will you take a picture to prove it, if it does happen
    So sure that it won't happen that I'll publically unveil it in Crossbars.
    Roll up !

    Roll up !

    Buy your ticket here !
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    Tbf, no one can explain anything really.....
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
  • Yep it has gotten more and more zabeel like every passing week I expect announcement to be made after the Sunderland game saying that RD is staying and the deals off

    Yippee.
  • Scoham said:

    the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    So maybe it’s not their fault?
    Maybe. I’ve passed caring to be honest .
  • JamesSeed said:

    Yep it has gotten more and more zabeel like every passing week I expect announcement to be made after the Sunderland game saying that RD is staying and the deals off

    I’m expecting someone to buy the club during the next six weeks or so, and they’ll be faced with a situation where they can’t affect things on the pitch, which’ll give them time to sort things out a bit off the pitch.
    But that’s the optimist’s viewpoint.
    Or course it could always happen next week after the window closes, or maybe all potential buyers may walk away suddenly. But would be surprised if the Aussies do, after all the time and money invested up to now.
    You are sounding less confident the Aussies will pull this off James. Have you heard something more? Sorry if I've missed a post amongst all the debenture discussions!
  • edited July 2018

    the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."

    NB I'm not specifically blaming anyone for the recent hold up, because I don't know what's going on, although I believe I've heard all the speculation.
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  • edited July 2018

    the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."
    Nope. No retraction . It’s my opinion which isn’t based on any facts whatsoever other than this sorry takeover charade has sucked out any enthusiasm I have for this club and if it’s not their fault it’s dragged on so long why are they still involved ? Most businesses / Consortiums would have run a mile a very long time ago .
    My personal opinion , again based on no information whatsoever , is that they don’t have the money because money talks and the deal would have been done by now if they had the funds .
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."
    Nope. No retraction . It’s my opinion which isn’t based on any facts whatsoever other than this sorry takeover charade has sucked out any enthusiasm I have for this club and if it’s not their fault it’s dragged on so long why are they still involved ? Most businesses / Consortiums would have run a mile a very long time ago .
    My personal opinion , again based on no information whatsoever , is that they don’t have the money because money talks and the deal would have been done by now if they had the funds .
    Personally, I think it's a bit foolish to base your opinion on nothing but guesswork.
    But each to their own. I'll wait for some factual information, before I form a considered opinion.
    Yes I have loads of theories, but not enough to blame any one party for the latest delay.
    Obviously RD could have sold up ages ago, if he really wanted to at a lower price.
    This whole thread is based on guesswork !
  • Scoham said:

    Takeover Infinity Loop Status Update: Stage 5

    1. Someone posts they’ve heard the deal may go through next week.

    2. Excitement builds as we get close to the deadline.

    3. Deadline passes. Nothing is said by the club or reported by the local media.

    4. Discussions on here around reasons for the delay amongst more puns, gifs etc.

    5. A few agree they have doubts about the Aussies or the deal even going through.

    6. Others post that the Aussies aren’t the enemy, RD is to blame etc.

    I'm part of the sixth group and proud of it.
    #TeamWIOTOS #TeamStageSix
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."
    Nope. No retraction . It’s my opinion which isn’t based on any facts whatsoever other than this sorry takeover charade has sucked out any enthusiasm I have for this club and if it’s not their fault it’s dragged on so long why are they still involved ? Most businesses / Consortiums would have run a mile a very long time ago .
    My personal opinion , again based on no information whatsoever , is that they don’t have the money because money talks and the deal would have been done by now if they had the funds .
    Personally, I think it's a bit foolish to base your opinion on nothing but guesswork.
    But each to their own. I'll wait for some factual information, before I form a considered opinion.
    Yes I have loads of theories, but not enough to blame any one party for the latest delay.
    Obviously RD could have sold up ages ago, if he really wanted to at a lower price.
    This whole thread is based on guesswork !
    Exactly, which is why we should have an open mind as to what is causing the latest delay and not be blaming someone with no proof.
    Stage 6.
  • edited July 2018

    The debentures are with CAHL, owned by Baton 2010 and subsequently Staprix. If new owners want to borrow money on the Valley they do NOT need permission of the 1st chargees. Hence the old git bought us without sucking up to Dick and co. Neither do the Aussies who will buy one of these three entities.

    Any lender to Muir will make a judgement call as to whether there is sufficient headroom on the asset to justify a loan. Ditto for a 3rd 4th or 5th charge.

    The Valley is an asset of Charlton Athletic Holdings Limited. If anybody sought to take acharge on those assets to lend money then the negative pledge (which prevents anyone else taking a charge on these assets) would come into play and prevent anyone elsetaking a charge headroomor not.
    Bearing in mind the debentures were Jiminez related not RD, it is highly unlikely there is a negative pledge issue because he bought us with £7m loans in place. Only repayable in the Prem. Again the debentures were in the public domain b4 Muir spent £1m+ on DD. Doubt they became an issue so late on. Also given Muir has a $800m war chest and investors likely similar, it's unlikely he is going cap in hand to banks for an overdraft.
    They were executed in 20009 and 2010 before Jimenez, and were done when all 7 Ex Directors were still on the Board and were put in place to provide cash flow to keep Club alive, this has been well documented before,keep up.
    There is a Negative Pledge why would Ex Directors have done their deal otherwise ?
    They are repayable in Premier League unless you wish to borrow against the assets and then you need Ex Directors permission, or you do what Jimenez and Roland did which is place unsecured Loans behind them in the queue, is that clear enough for you now?
    No. Have read the debentures and cannot see the negative pledge issue which RD seemed to have ducked. Apologies if loans pre-dated Jiminez but that means they weren't an issue with the 2 previous owners but suddenly are with the 3rd despite them being in the public domain b4 Muir spent £1m+ on DD.
    That the debentures weren't an issue for the proven liars and dodgy dealers Jimenez and Slater or for the DIY due diligence of deluded Duchatelet is hardly a valid reason to believe they aren't important.

    Pretty sure the Aussies knew about and saw the significance of the debentures from the start of DD, not just now.

    The problem is, imho, that Roland told the Aussies he'd deal with the old directors and the £7m but so far he still hasn't.
    So we have a rumour of a 25% offer (not from Derek) but nothing further. If Muir is being held up with negotiations over £7m owed to former directors, I'd expect improved bids. More detail from one who is a prolific poster on the subject. BTW Derek fair play to you for investing in our beloved Addicks.
    who said I invested?
    who is Derek?
    image
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."
    Nope. No retraction . It’s my opinion which isn’t based on any facts whatsoever other than this sorry takeover charade has sucked out any enthusiasm I have for this club and if it’s not their fault it’s dragged on so long why are they still involved ? Most businesses / Consortiums would have run a mile a very long time ago .
    My personal opinion , again based on no information whatsoever , is that they don’t have the money because money talks and the deal would have been done by now if they had the funds .
    Personally, I think it's a bit foolish to base your opinion on nothing but guesswork.
    But each to their own. I'll wait for some factual information, before I form a considered opinion.
    Yes I have loads of theories, but not enough to blame any one party for the latest delay.
    Obviously RD could have sold up ages ago, if he really wanted to at a lower price.
    This whole thread is based on guesswork !
    Exactly, which is why we should have an open mind as to what is causing the latest delay and not be blaming someone with no proof.
    I agree, but the same logic applies when people come out and state that the takeover delays are all the fault of Roland, and nothing to do with the Aussies, as we have no proof of that either.
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  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    Excellent.
    So please can you explain what's going on then & why it's the Aussies fault, because no one else can ?
    I haven’t a clue - exactly the same as everyone else .
    Thank-you I agree.
    So I presume you retract your blaming the Aussies ?

    "Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying ."
    Nope. No retraction . It’s my opinion which isn’t based on any facts whatsoever other than this sorry takeover charade has sucked out any enthusiasm I have for this club and if it’s not their fault it’s dragged on so long why are they still involved ? Most businesses / Consortiums would have run a mile a very long time ago .
    My personal opinion , again based on no information whatsoever , is that they don’t have the money because money talks and the deal would have been done by now if they had the funds .
    Personally, I think it's a bit foolish to base your opinion on nothing but guesswork.
    But each to their own. I'll wait for some factual information, before I form a considered opinion.
    Yes I have loads of theories, but not enough to blame any one party for the latest delay.
    Obviously RD could have sold up ages ago, if he really wanted to at a lower price.
    This whole thread is based on guesswork !
    Exactly, which is why we should have an open mind as to what is causing the latest delay and not be blaming someone with no proof.
    I agree, but the same logic applies when people come out and state that the takeover delays are all the fault of Roland, and nothing to do with the Aussies, as we have no proof of that either.
    I agree and have been arguing that as well !
  • the deal is dead in the water I reckon

    I think it’s been dead in the water for a very long time . Even if by some miracle the Aussies do take over my confidence in them is very low because of the balls up of trying to get this deal over the line . They obviously don’t have the financial clout to buy a club and that’s really worrying .
    I'm glad someone's in the know.
    Please can you explain their balls up ?
    Taking at least six months to get it over the line for starters . Their next balls up is not walking away .
    A lot longer than that, but that still doesn't mean it's necessarily a balls up.
  • edited July 2018
    IanJRO said:

    JamesSeed said:

    Yep it has gotten more and more zabeel like every passing week I expect announcement to be made after the Sunderland game saying that RD is staying and the deals off

    I’m expecting someone to buy the club during the next six weeks or so, and they’ll be faced with a situation where they can’t affect things on the pitch, which’ll give them time to sort things out a bit off the pitch.
    But that’s the optimist’s viewpoint.
    Or course it could always happen next week after the window closes, or maybe all potential buyers may walk away suddenly. But would be surprised if the Aussies do, after all the time and money invested up to now.
    You are sounding less confident the Aussies will pull this off James. Have you heard something more? Sorry if I've missed a post amongst all the debenture discussions!
    Same as everyone, going quietly nuts in the absence of facts. Not hearing anything from GM.

    The only delays that were mentioned by GM were the legal issues from the pre Roland era. They took an age to clear up apparently.
    So any other delays arose AFTER May 18th, when GM thought it was all done and dusted. Wrongly as it turned out.

    Possible reasons:

    Directors' loans
    Aussies lack of funds
    ELF rejection of consortium members
    Aussies lowering bid
    Roland changing his mind about paying off directors
    Roland trying to hang on to The Valley and/or SL
    Rival bidders appearing at the last minute

    Have no idea if any of the above are correct or if it's something else entirely.
  • JamesSeed said:

    IanJRO said:

    JamesSeed said:

    Yep it has gotten more and more zabeel like every passing week I expect announcement to be made after the Sunderland game saying that RD is staying and the deals off

    I’m expecting someone to buy the club during the next six weeks or so, and they’ll be faced with a situation where they can’t affect things on the pitch, which’ll give them time to sort things out a bit off the pitch.
    But that’s the optimist’s viewpoint.
    Or course it could always happen next week after the window closes, or maybe all potential buyers may walk away suddenly. But would be surprised if the Aussies do, after all the time and money invested up to now.
    You are sounding less confident the Aussies will pull this off James. Have you heard something more? Sorry if I've missed a post amongst all the debenture discussions!
    Same as everyone, going quietly nuts in the absence of facts. Not hearing anything from GM.
    That surely means that the deal is imminent.

    Get those cameras ready for the tattoo reveal.
  • Gumbo said:

    Starting to think these Aussies are just as much to blame for the shower of shit as Roland

    You just missed the boat there!
  • Be interesting to see if any of these charlatans rock up at Sunderland. My guess if it’s just Sue Parkes in the Directors box, we can draw a line under the Aussie involvement.
  • See the comments about the Aussies are what I alluded to early last week


    The Aussies whether they realise it or not are in grave danger of losing a % of the supporters before they get off the ground or even if they get off

    Shame as although I have been questioning and critical of their money status and I hated the PR about the fans I think they were worthy of a good innings to get it right

    But they are in danger here if an own goal
  • Are we still in the difficult 2 weeks ?
This discussion has been closed.

Roland Out Forever!