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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • I'm a bit surprised that here hasn't been more comment on Richard Cawley's piece in the SLP about Keith Harris?

    Cawley says:

    "Duchatelet has been in discussions over a deal with a consortium which is understood to include at least two individuals – one of those Australian tycoon Andrew Muir. Gerard Murphy was expected to be the new chief executive.

    Harris was tasked with finding other investors to push the takeover through and it is unclear if he has achieved that".

    https://www.londonnewsonline.co.uk/charlton-athletics-takeover-talks-hanging-in-the-balance/

    Implying that Harris has been trying to find other investors to join the Australian Consortium?

    But when Harris was first linked to a possible sale of CAFC in 2017 he was said to be a 'Broker' acting on behalf of Duchatelet to find a buyer?

    Airman Brown
    October 2017


    The only thing Karl Robinson's comment illuminates to me is timing and I don't know what else the bloke is supposed to say even when if he knows anything, which he may not. But Louis is quite entitled to ask him. It doesn't change the fact there is a live due diligence process involving the club's lawyers or the fact that Keith Harris is acting on behalf of the club to broker a sale.

    So if he's now been trying to find new investors to join the Aussies' bid doesn't that mean that it's unlikely that there are any other prospective buyers about - otherwise why would Duchatelet's 'broker' be trying to keep the Aussie bid afloat?
  • Any revived bids are unlikely to happen before December now I would guess
  • edited August 2018
    micks1950 said:

    I'm a bit surprised that here hasn't been more comment on Richard Cawley's piece in the SLP about Keith Harris?

    Cawley says:

    "Duchatelet has been in discussions over a deal with a consortium which is understood to include at least two individuals – one of those Australian tycoon Andrew Muir. Gerard Murphy was expected to be the new chief executive.

    Harris was tasked with finding other investors to push the takeover through and it is unclear if he has achieved that".

    https://www.londonnewsonline.co.uk/charlton-athletics-takeover-talks-hanging-in-the-balance/

    Implying that Harris has been trying to find other investors to join the Australian Consortium?

    But when Harris was first linked to a possible sale of CAFC in 2017 he was said to be a 'Broker' acting on behalf of Duchatelet to find a buyer?

    Airman Brown
    October 2017


    The only thing Karl Robinson's comment illuminates to me is timing and I don't know what else the bloke is supposed to say even when if he knows anything, which he may not. But Louis is quite entitled to ask him. It doesn't change the fact there is a live due diligence process involving the club's lawyers or the fact that Keith Harris is acting on behalf of the club to broker a sale.

    So if he's now been trying to find new investors to join the Aussies' bid doesn't that mean that it's unlikely that there are any other prospective buyers about - otherwise why would Duchatelet's 'broker' be trying to keep the Aussie bid afloat?

    Harris works on commission, which ultimately comes out of the sale price or club funds, essentially two sides of the same coin. So you can take whatever view you like of who he is working for - his aim is to get a deal done. Hamer is also his mate.
  • _MrDick said:

    I just wish the Aussies would put us all out of our misery and make an official announcement that it's off.

    It’s not over til it’s over.
  • Are we supposed to believe as I have read in some quarters, that RD wanted a deal in the best long term interests of the club? If so why hasn't he applied the same rule of thumb to his own ownership?
  • micks1950 said:

    I'm a bit surprised that here hasn't been more comment on Richard Cawley's piece in the SLP about Keith Harris?

    Cawley says:

    "Duchatelet has been in discussions over a deal with a consortium which is understood to include at least two individuals – one of those Australian tycoon Andrew Muir. Gerard Murphy was expected to be the new chief executive.

    Harris was tasked with finding other investors to push the takeover through and it is unclear if he has achieved that".

    https://www.londonnewsonline.co.uk/charlton-athletics-takeover-talks-hanging-in-the-balance/

    Implying that Harris has been trying to find other investors to join the Australian Consortium?

    But when Harris was first linked to a possible sale of CAFC in 2017 he was said to be a 'Broker' acting on behalf of Duchatelet to find a buyer?

    Airman Brown
    October 2017


    The only thing Karl Robinson's comment illuminates to me is timing and I don't know what else the bloke is supposed to say even when if he knows anything, which he may not. But Louis is quite entitled to ask him. It doesn't change the fact there is a live due diligence process involving the club's lawyers or the fact that Keith Harris is acting on behalf of the club to broker a sale.

    So if he's now been trying to find new investors to join the Aussies' bid doesn't that mean that it's unlikely that there are any other prospective buyers about - otherwise why would Duchatelet's 'broker' be trying to keep the Aussie bid afloat?

    Harris works on commission, which ultimately comes out of the sale price or club funds, essentially two sides of the same coin. So you can take whatever view you like of who he is working for - his aim is to get a deal done. Hamer is also his mate.
    I'm not trying to criticise you (or anybody else who posts what they've been told on here - which I welcome) but I'm still not following this.

    Back in March Steve Hamer Chairman of Bristol City was said to be involved with a possible Saudi bid that RedHenry has regularly referred to:

    Airman Brown
    March 31


    daveydanger said:

    « hide previous quotes

    Airman Brown said:

    The group RH is talking about want to appoint the current chairman of another L1 club as Charlton chairman, it appears. He’s tried to get into Charlton before.

    Bristol?

    Correct answer.

    So I don't understand how the fact that Hamer is Keith Harris' mate is relevant to why Harris is supposedly now involved in trying to find new members for the Aussie consortium (as Cawley claims in the SLP); particularly if there has been a viable Saudi bid as recently as March that wanted to appoint his mate Hamer as CAFC Chairman?

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  • Are we supposed to believe as I have read in some quarters, that RD wanted a deal in the best long term interests of the club? If so why hasn't he applied the same rule of thumb to his own ownership?

    No you read the exact opposite he wanted the deal best for him not the club
  • Strutt & PARKER
  • micks1950 said:

    micks1950 said:

    I'm a bit surprised that here hasn't been more comment on Richard Cawley's piece in the SLP about Keith Harris?

    Cawley says:

    "Duchatelet has been in discussions over a deal with a consortium which is understood to include at least two individuals – one of those Australian tycoon Andrew Muir. Gerard Murphy was expected to be the new chief executive.

    Harris was tasked with finding other investors to push the takeover through and it is unclear if he has achieved that".

    https://www.londonnewsonline.co.uk/charlton-athletics-takeover-talks-hanging-in-the-balance/

    Implying that Harris has been trying to find other investors to join the Australian Consortium?

    But when Harris was first linked to a possible sale of CAFC in 2017 he was said to be a 'Broker' acting on behalf of Duchatelet to find a buyer?

    Airman Brown
    October 2017


    The only thing Karl Robinson's comment illuminates to me is timing and I don't know what else the bloke is supposed to say even when if he knows anything, which he may not. But Louis is quite entitled to ask him. It doesn't change the fact there is a live due diligence process involving the club's lawyers or the fact that Keith Harris is acting on behalf of the club to broker a sale.

    So if he's now been trying to find new investors to join the Aussies' bid doesn't that mean that it's unlikely that there are any other prospective buyers about - otherwise why would Duchatelet's 'broker' be trying to keep the Aussie bid afloat?

    Harris works on commission, which ultimately comes out of the sale price or club funds, essentially two sides of the same coin. So you can take whatever view you like of who he is working for - his aim is to get a deal done. Hamer is also his mate.
    I'm not trying to criticise you (or anybody else who posts what they've been told on here - which I welcome) but I'm still not following this.

    Back in March Steve Hamer Chairman of Bristol City was said to be involved with a possible Saudi bid that RedHenry has regularly referred to:

    Airman Brown
    March 31


    daveydanger said:

    « hide previous quotes

    Airman Brown said:

    The group RH is talking about want to appoint the current chairman of another L1 club as Charlton chairman, it appears. He’s tried to get into Charlton before.

    Bristol?

    Correct answer.

    So I don't understand how the fact that Hamer is Keith Harris' mate is relevant to why Harris is supposedly now involved in trying to find new members for the Aussie consortium (as Cawley claims in the SLP); particularly if there has been a viable Saudi bid as recently as March that wanted to appoint his mate Hamer as CAFC Chairman?

    I don’t think he’s fussy what deal he does. No idea if he was involved with the Saudi stuff, but it happens he is Hamer’s mate. Football is a small world. Be very surprising if they haven’t, at minimum, compared notes.
  • Are we supposed to believe as I have read in some quarters, that RD wanted a deal in the best long term interests of the club? If so why hasn't he applied the same rule of thumb to his own ownership?

    No you read the exact opposite he wanted the deal best for him not the club
    Certainly sounds more credible, though I was referring to posts a lot earlier than the current 100 or so.
  • micks1950 said:

    micks1950 said:

    I'm a bit surprised that here hasn't been more comment on Richard Cawley's piece in the SLP about Keith Harris?

    Cawley says:

    "Duchatelet has been in discussions over a deal with a consortium which is understood to include at least two individuals – one of those Australian tycoon Andrew Muir. Gerard Murphy was expected to be the new chief executive.

    Harris was tasked with finding other investors to push the takeover through and it is unclear if he has achieved that".

    https://www.londonnewsonline.co.uk/charlton-athletics-takeover-talks-hanging-in-the-balance/

    Implying that Harris has been trying to find other investors to join the Australian Consortium?

    But when Harris was first linked to a possible sale of CAFC in 2017 he was said to be a 'Broker' acting on behalf of Duchatelet to find a buyer?

    Airman Brown
    October 2017


    The only thing Karl Robinson's comment illuminates to me is timing and I don't know what else the bloke is supposed to say even when if he knows anything, which he may not. But Louis is quite entitled to ask him. It doesn't change the fact there is a live due diligence process involving the club's lawyers or the fact that Keith Harris is acting on behalf of the club to broker a sale.

    So if he's now been trying to find new investors to join the Aussies' bid doesn't that mean that it's unlikely that there are any other prospective buyers about - otherwise why would Duchatelet's 'broker' be trying to keep the Aussie bid afloat?

    Harris works on commission, which ultimately comes out of the sale price or club funds, essentially two sides of the same coin. So you can take whatever view you like of who he is working for - his aim is to get a deal done. Hamer is also his mate.
    I'm not trying to criticise you (or anybody else who posts what they've been told on here - which I welcome) but I'm still not following this.

    Back in March Steve Hamer Chairman of Bristol City was said to be involved with a possible Saudi bid that RedHenry has regularly referred to:

    Airman Brown
    March 31


    daveydanger said:

    « hide previous quotes

    Airman Brown said:

    The group RH is talking about want to appoint the current chairman of another L1 club as Charlton chairman, it appears. He’s tried to get into Charlton before.

    Bristol?

    Correct answer.

    So I don't understand how the fact that Hamer is Keith Harris' mate is relevant to why Harris is supposedly now involved in trying to find new members for the Aussie consortium (as Cawley claims in the SLP); particularly if there has been a viable Saudi bid as recently as March that wanted to appoint his mate Hamer as CAFC Chairman?

    I don’t think he’s fussy what deal he does. No idea if he was involved with the Saudi stuff, but it happens he is Hamer’s mate. Football is a small world. Be very surprising if they haven’t, at minimum, compared notes.
    I'm sure that's right.

    But to return to my original point if Harris has been busy trying to find new investors to keep the Aussie bid alive (as Cawley says) doesn't that mean that it's unlikely that there are other viable bidders about; otherwise why would a 'hired gun' like Harris looking for a 'cut' from any sale be bothering (and presumably with Duchatelet's agreement)?

  • Robinson & Jackson
  • The best way to handle this is to take a leaf out of Clint Eastwood’s book from his character in Kelky’s heroes when they are under fire and want to cross a river and the support guys are asking him to give them time to build a bridge and his response was to tell them he was pushing forward anyway and they’d have to catch up. Today is the start of the season, the team is going ahead anyway no matter who owns the club so any buyer will now need to catch up..

    Ltgtr takes the takeover thread to a whole new level...page 2,000 now forecast by the end of next week
  • DOUCHER said:

    The situation is ongoing. Price is agreed, the deal has stalled as there is a hole in the funds the aussies need to fund the club going forwards. The deal hasn't collapsed but won't complete until this hole has been filled by new investors.

    Wow thanks!
  • Just seen Elvis.....
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  • _MrDick said:

    I just wish the Aussies would put us all out of our misery and make an official announcement that it's off.

    So we can carry on with another kind of misery.
    Absolutely ... We're Charlton and a life of misery has been bestowed upon us. Who wants to be happy by supporting teams like United, City and Liverpool
  • Just seen Elvis.....

    When he saw what Roland wanted for the club, he was all shook up
  • Just seen Elvis.....

    .

    Just seen Elvis.....

    Tell him if he wants to buy a football club he can have one for the money...
    But it’s now or never...
  • Just seen Elvis.....

    When he saw what Roland wanted for the club, he was all shook up
    After meeting with Duchatelet Elvis and his advisors all had suspicious minds
  • _MrDick said:

    I just wish the Aussies would put us all out of our misery and make an official announcement that it's off.

    So we can carry on with another kind of misery.
    Yes. We need to focus our misery and at the moment it's difficult to do so :smile:
  • Just seen Elvis.....

    Was he working down the chip shop...


    (Sorting them into portion's of 14)
  • With Roland we are caught in a trap, there's no way back, but I love Charlton too much baby
  • DOUCHER said:

    The situation is ongoing. Price is agreed, the deal has stalled as there is a hole in the funds the aussies need to fund the club going forwards. The deal hasn't collapsed but won't complete until this hole has been filled by new investors.

    We can all read this thread thanks :smile:
  • Interesting coincidence ? Not connected ? insignificant but definitely not bollocks.

    Knight Dragon the owners of most of the undeveloped land on the peninsula are currently looking to build 15k homes, commercial units on land near the O2.

    The proposal to build an “arena” on the site was shelved a couple of years ago. It’s been taken off the shelf and being dusted down so I’m told. Doesn’t mean that it’s going to happen of course or it’s connected to CAFC but it’s definitely not gone away completely just yet.

    Interesting coincidence ? Not connected ? insignificant but definitely not bollocks.

    Knight Dragon the owners of most of the undeveloped land on the peninsula are currently looking to build 15k homes, commercial units on land near the O2.

    The proposal to build an “arena” on the site was shelved a couple of years ago. It’s been taken off the shelf and being dusted down so I’m told. Doesn’t mean that it’s going to happen of course or it’s connected to CAFC but it’s definitely not gone away completely just yet.

    I don’t get why they would do that. I don’t see how putting a football stadium there would enhance the area. Now if an arena is a second music venue that brings in punters for more than 25 days a year, which adds foot traffic and makes the area attractive for other businesses, maybe.

    But I don’t think new football stadiums and new houses go together.
    I totally agree but nevertheless it is back on the agenda. To what extent I don’t know.

    I posted this in February 2018.

    Does this fit in with Salako comment and possible delays ?

This discussion has been closed.

Roland Out Forever!