So Roland's Lying Lacky LDT is back in the office today to do his contractually obligated hours. How busy will he be or will he spend the whole day eating crisps at his desk?
I was out all day yesterday and I come home to more than 200 new posts. I immediately, and now quite stupidly, thought something must have happened and positive news was going to be read. However sadly it has been more in-fighting, @JamesSeed getting grief, and then all and sundry getting involved. I don’t know @JamesSeed personally, but I’ve always found his posts and snippets of information interesting and it is obvious, to me anyway, he is passing on what he thinks he can, without upsetting the person he knows. It is about time we all joined together and stop all this futile back-biting, name calling and “I know more than you” nonsense. We have, or should have, one common goal and that is getting rid of RD and his awful ownership of the club. In 4 1/2 years, he has managed the club in a downward spiral, saddled the club with more debt because of his poor decisions and split the fans who, on every forum I’ve read recently, have become fractured and no longer pulling together like we have in the past. RD must be laughing at this while sitting in his ivory tower, and we continue to feed him!! Please please please can we just all work together, or is that just a stupid request? It’s time to stand shoulder to shoulder, a stop acting like kids in a playground!
As a long standing supporter, and fan, of this thread I have, sadly, read most posts. Some informative and some grasping at straws (or fish), but I don’t remember seeing a single post from @Mark_West49 in the first 1,000 pages! Something must have changed in his life... between jobs, redundancy, retirement, sickness - who knows - but he seems to have taken the thread hostage in the past few days. I hope he gets his life back soon.
It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay.
The reason JamesSeed got so emotional, is because he's been caught out withholding information. This MIGHT have contributed to the 3 month takeover delay. James has told us on so many occasions, that he has shared all he knows and we know as much as him. It was obviously not true, even if he does regard the information as personal. It isn't, not in terms of data protection.
Without having to read back, what info?
Think he's saying that JS knew GM was having issues with settling in the UK and chose to withhold it.
The reason JamesSeed got so emotional, is because he's been caught out withholding information. This MIGHT have contributed to the 3 month takeover delay. James has told us on so many occasions, that he has shared all he knows and we know as much as him. It was obviously not true, even if he does regard the information as personal. It isn't, not in terms of data protection.
.....Is because I’ve been ‘caught out!?’ Not true at all. In the past I’ve said I’ve revealed everything about the takeover but several times I’ve said I wasn’t going to reveal personal stuff.
1. GM is the broker. He wasn’t sure if he’d be moving back to London as of May 18, so wasn’t sure if he’d be involved after the sale.
2. The family have been over looking at schools and houses. I didn’t share on here because frankly it’s a family matter and not relevant (except that it shows a level of commitment). Bear in mind that they spend about three years here up to around 2012, so not easy to uproot the family from schools etc again.
3. It’s possible that it’s not going to work out for the family which may mean that they will need to appoint a CEO. This won’t delay the sale. You don’t have to have a CEO in place for a sale to go through. It’s just more internet stirring from the usual suspects. It sort of sums up why I’ve had enough of it really.
I certainly see why Grapevine just comes on here once a month to post.
Thanks. No offence, but you are a strange chap. You spend all morning complaining about someone divulging personal information and then you go and divulge a whole lot more. You couldn't make it up. Thanks anyway.
No offence taken of course.
Colin’s spread a story that NLA has interpreted as meaning that the deal could be delayed or may even be off. It’s better the facts were known, rather than allow speculation to take over as it inevitably would.
So you say that Colin says, then add a few 'difiicult weeks' and Colin qoutes you and....
James. If you don't mind me asking. How do you know GM and how long have you known him for?
Any particular reason you’re asking?
I think it would add some clarity to your messages.
Really? There’s almost nothing in the messages. Can’t see it helping at all if I’m honest.
People are holding onto a lot of what you say and have suggested you are withholding information, which in my opinion is no problem.(witholding info that is)
I'd just like to know if you've met him once or twice through an acquaintance and had a brief conversation or you've known him for years and are life long friends?
It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay.
Summary 28.08.18
"It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay."
That's pretty much what it has been for some time, it seems. At least since May when the Aussies met face to face with Roland at the Valley and the rumours suggested the Aussies offering a lower price.
Like any deal it's not done until it's done; the price agreed by both sides and contracts signed.
It has suited the regime to say that the price was agreed and that it was all down to EFL paperwork because that shifted the blame for the delay on the EFL and the Aussies. The Aussies won't speak because of the NDA, and perhaps because they still haven't completed their consortium, but the EFL are believed to be annoyed that they are being drawn into all of this, hence their sudden interest in speaking to Charlton and CAST. Two different parties are now reporting that the Aussies have completed the EFL fit and proper test with no outstanding issues.
Any commodity is only ever worth what a buyer is willing to pay. No more, no less.
The Daily Mail is reporting that both the Aussies and the other, third, "Bromley Contingent" group, are both willing to pay "only"£25m. Both have completed due diligence, at least according to the unreliable LDV, the regime's beancounter.
Duchatelet can carry on waiting for them to either up their bids or hope for another party to appear (the publicity shy British group perhaps) who will cough up £35m. But so far no one has done that and various other parties have walked away after looking at the books.
The suggestion that it is overheads such as cleaners' hours or the cost of bottled water were what was putting off buyers rather than the £10m gap in valuations is laughable. In any case, any sensible buyer would want to make their own changes to expenditure and budgets and not leave it to an incompetent seller.
The £7m of debentures from the old directors remain unresolved according to @Davidsmith the offer for 25p in the £ from Duchatelet having been rejected. The bonds could be rolled over but that would leave the new owners in a difficult position if they want to issue new leases or borrow against the assets, which is common practice.
The perceived value of the club will have only declined after missing out on promotion and the sale of players while crowds drop and income reduces. The recommencement of the protests, (and the £100ks of publicity garnered for the price a few hundred crisp packets), the withheld bonuses, the writ from Footscray Rugby Club combined with other local traders who have been "knocked" by Charlton in a desperate attempt to avoid expenditure all point to a club in disarray with only more to come. The staff bonuses issue doesn't look like it is going to go away.
Meanwhile, the Roland Out Today (ROT) party are taking the fight to Belgium by putting up a candidate in the October local elections in St Truiden.
Any potential buyer will smell the weakness and stand their ground on the price knowing that Duchatelet continues to lose up to £1m a month.
Meanwhile Tony Keohane another senior manager at the Valley HR head Lungi Macebo are both reportedly overseas on holiday. During the season, at the same time while Rome burns! At least Lungi's company car hasn't been removed as part of the cost cutting.
Lee Bowyer is still a caretaker manager and Charlton have not paid a fee for a player this season despite losing 15 players and selling Konsa and Magennis for fees. As the end of the transfer window approaches the reinforcements that Bowyer badly needs are still yet to sign and the team are 14th in league 1
It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay.
Presumably the saleable value of CAFC is diminishing to the point where, if the Aussie bid remains the same, it will be acceptable to Roland. Unless of course the Aussies reduce their offer in line with the reduction in the saleable value.
James. If you don't mind me asking. How do you know GM and how long have you known him for?
Any particular reason you’re asking?
I think it would add some clarity to your messages.
Really? There’s almost nothing in the messages. Can’t see it helping at all if I’m honest.
People are holding onto a lot of what you say and have suggested you are withholding information, which in my opinion is no problem.(witholding info that is)
I'd just like to know if you've met him once or twice through an acquaintance and had a brief conversation or you've known him for years and are life long friends?
He told us this a long time ago. Their children went to the same school and they, and their partners became friends some time ago.
Comments
The buyer has now been identified as Sheikh Anvac and he says he wants to put the freshness back into the club...
How busy will he be or will he spend the whole day eating crisps at his desk?
First sign of flexibility?’
Might have to read again.
Where’s that news come from Mr D?
It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay.
I'd just like to know if you've met him once or twice through an acquaintance and had a brief conversation or you've known him for years and are life long friends?
"It’s just a case of the Aussies having completed their due diligence putting an offer on the table and being prepared to wait until it’s accepted or ultimately rejected. Until that point they are completely comfortable with it being on the table. Hence the delay."
That's pretty much what it has been for some time, it seems. At least since May when the Aussies met face to face with Roland at the Valley and the rumours suggested the Aussies offering a lower price.
Like any deal it's not done until it's done; the price agreed by both sides and contracts signed.
It has suited the regime to say that the price was agreed and that it was all down to EFL paperwork because that shifted the blame for the delay on the EFL and the Aussies. The Aussies won't speak because of the NDA, and perhaps because they still haven't completed their consortium, but the EFL are believed to be annoyed that they are being drawn into all of this, hence their sudden interest in speaking to Charlton and CAST. Two different parties are now reporting that the Aussies have completed the EFL fit and proper test with no outstanding issues.
But to summarise Grapevine, Duchatalet is asking for more than all the potential buyers, so far, are willing to pay so all delays are down to him. Read more here http://forum.charltonlife.com/discussion/comment/3304777#Comment_3304777
Any commodity is only ever worth what a buyer is willing to pay. No more, no less.
The Daily Mail is reporting that both the Aussies and the other, third, "Bromley Contingent" group, are both willing to pay "only"£25m. Both have completed due diligence, at least according to the unreliable LDV, the regime's beancounter.
Duchatelet can carry on waiting for them to either up their bids or hope for another party to appear (the publicity shy British group perhaps) who will cough up £35m. But so far no one has done that and various other parties have walked away after looking at the books.
The suggestion that it is overheads such as cleaners' hours or the cost of bottled water were what was putting off buyers rather than the £10m gap in valuations is laughable. In any case, any sensible buyer would want to make their own changes to expenditure and budgets and not leave it to an incompetent seller.
The £7m of debentures from the old directors remain unresolved according to @Davidsmith the offer for 25p in the £ from Duchatelet having been rejected. The bonds could be rolled over but that would leave the new owners in a difficult position if they want to issue new leases or borrow against the assets, which is common practice.
The perceived value of the club will have only declined after missing out on promotion and the sale of players while crowds drop and income reduces. The recommencement of the protests, (and the £100ks of publicity garnered for the price a few hundred crisp packets), the withheld bonuses, the writ from Footscray Rugby Club combined with other local traders who have been "knocked" by Charlton in a desperate attempt to avoid expenditure all point to a club in disarray with only more to come. The staff bonuses issue doesn't look like it is going to go away.
Meanwhile, the Roland Out Today (ROT) party are taking the fight to Belgium by putting up a candidate in the October local elections in St Truiden.
Any potential buyer will smell the weakness and stand their ground on the price knowing that Duchatelet continues to lose up to £1m a month.
Meanwhile Tony Keohane another senior manager at the Valley HR head Lungi Macebo are both reportedly overseas on holiday. During the season, at the same time while Rome burns! At least Lungi's company car hasn't been removed as part of the cost cutting.
Lee Bowyer is still a caretaker manager and Charlton have not paid a fee for a player this season despite losing 15 players and selling Konsa and Magennis for fees. As the end of the transfer window approaches the reinforcements that Bowyer badly needs are still yet to sign and the team are 14th in league 1
over to you admin @AFKABartram
Not really sure why it matters.