Is my memory that bad or does this contradict what douchbag said in his last little tantrum?
"It should be noted that the lack of progress in any change of control at the club is not as a result of the parties waiting for the EFL to process the necessary documentation"
Roland said that the hold up was with the EFL the EFL have now come out and said that its not them Roland has now quickly had to say that its the Aussies not sending the EFL the paperwork.
Just admit you are a C**t and the delay is because of you
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Have you not considered giving total control to however has been given a sword by the lady of the lake?
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Have you not considered giving total control to however has been given a sword by the lady of the lake?
Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Have you not considered giving total control to however has been given a sword by the lady of the lake?
Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Have you not considered giving total control to however has been given a sword by the lady of the lake?
Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
Can’t all of the interested parties chip in a contribution and set up management based upon an anarcho-syndicalist commune. They can take it in turns to act as sort of executive officer for the week
Would there be a difference in voting for purely internal decisions?
The decisions of that officer would have to be ratified at a special biweekly meeting.......
Have you not considered giving total control to however has been given a sword by the lady of the lake?
Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
Roland said that the hold up was with the EFL the EFL have now come out and said that its not them Roland has now quickly had to say that its the Aussies not sending the EFL the paperwork.
Just admit you are a C**t and the delay is because of you
Paulie, I'm confident what you said isn't true. Charlton have always said the delay was due to the Aussies needing to submit further documents to the EFL. Some fans have then construed that as blaming the EFL for the delay. I admit the communication could be much clearer.
CAS Trust statement on 12th July said -
CAS Trust was present at a Fans Forum meeting on Wednesday at which Lieven De Turck (who is leading for the club on takeover negotiations) gave an update on the situation and answered questions from supporters.
"Lieven De Turck (LDT) said that the only issue holding up the takeover by the Australian consortium was that the consortium had not yet submitted all the required documents to the English Football League (EFL)."
The statement in August said pretty much the same -
LDT reiterated that his number one priority is selling the club.
"He explained that, as per the last meeting, the Australian consortium have a deal fully agreed and just need to submit final papers to the EFL. LDT said he doesn’t know when documents will be lodged. He said he is talking to the group every couple of days.
A price is also agreed with the second party. They have completed due diligence. After the last Fans’ Forum on July 11th the second party went quiet but in the last week they have become more active. They would still like to stay off the radar."
I think we are up to £77m. This figure seems familiar....
Time to stop laughing. The distance between that number and £40M is not that much farther off than what many here said the club was worth (I can find several posts here claiming £15-20M a few months back.) How likely is that now?
And I also claimed he would never eat a £20-30M loss no matter what. 1291 pages and a year later, I've been more right that those who claimed a sale was imminent and have gone into hiding on this board.
We may have lost another £10M since you last posted on this matter. So you possibly think we're worth about £87M now ? I can't recall what you called it. But wasn't it along the lines of the more we lose/borrow, the more we are worth ? We could be the the most valuable club in the world one day
No, I claimed the "enterprise value" is higher. It is. But enterprise value is not necessarily the same as what a club will sell for.
We are worth more than we were bought, even though we are a League lower. That's a fact. There are dozens of people who claim that is not possible. Not only is it possible, it is a stone cold reality. And if we are ever sold, it will be proven.
Hey @NapaAddick just want to say I really enjoy your contributions and don’t really understand why some others want to constantly dig you out or lol your comments. I find them a different insight, particularly knowing youre a successful business owner when 95% others of us aren’t. Crack on mate
Keep the faith it will happen, as much as (most of us) detest Roland he has made a fortune in business so is playing a game of commercial poker and one no doubt, him and his advisors has played many a time, the Belgian ***t, unfortunately for us, made a terrible decision with getting into football and we and our club are now suffering, it will get better just keep the faith.
I was told from a very reliable source, the Aussies had upped their bid to 40.5m, this was matched by the Saudis soon after. I'm not saying this is 100% correct, but i would be surprised if this was off the mark.
I think we are up to £77m. This figure seems familiar....
Time to stop laughing. The distance between that number and £40M is not that much farther off than what many here said the club was worth (I can find several posts here claiming £15-20M a few months back.) How likely is that now?
And I also claimed he would never eat a £20-30M loss no matter what. 1291 pages and a year later, I've been more right that those who claimed a sale was imminent and have gone into hiding on this board.
We may have lost another £10M since you last posted on this matter. So you possibly think we're worth about £87M now ? I can't recall what you called it. But wasn't it along the lines of the more we lose/borrow, the more we are worth ? We could be the the most valuable club in the world one day
No, I claimed the "enterprise value" is higher. It is. But enterprise value is not necessarily the same as what a club will sell for.
We are worth more than we were bought, even though we are a League lower. That's a fact. There are dozens of people who claim that is not possible. Not only is it possible, it is a stone cold reality. And if we are ever sold, it will be proven.
Hey @NapaAddick just want to say I really enjoy your contributions and don’t really understand why some others want to constantly dig you out or lol your comments. I find them a different insight, particularly knowing youre a successful business owner when 95% others of us aren’t. Crack on mate
Just to say that I agree with that general sentiment; but as an owner of a - very modest -business for 24 years, including M&A work with global businesses that, like footie clubs, employ highly paid human talent as their key resource; and as somebody who has been trying to study the business of football for most of that time, I would still press @NapaAddick to be more concrete in his assertions about the current value of CAFC (and crucially, the criteria underpinning his figure). (Assuming that he considers £40m to be a realistic sale price - maybe I have misunderstood him on that).
Of course business people start from a stronger position than most in terms of understanding how to value a business; however non -business people tend to assume that "business" is all the same, works the same way. On the contrary it is essential to appreciate that there are massive differences in characteristics of businesses according to the products or services they provide. That is one reason why so many apparently successful businesspeople fail when running a football club. They fail to appreciate the particular characteristics of this business; some of those characteristics, e.g.the relationship with "customers" are almost..er...unique.
Of course I could be wrong in the way I look at valuation of a football club like CAFC. I am simply waiting for a rational business -based explanation of why I am wrong. From anyone.
Comments
"It should be noted that the lack of progress in any change of control at the club is not as a result of the parties waiting for the EFL to process the necessary documentation"
Roland said that the hold up was with the EFL the EFL have now come out and said that its not them Roland has now quickly had to say that its the Aussies not sending the EFL the paperwork.
Just admit you are a C**t and the delay is because of you
I was elected fair and square. No re-count necessary.
PS What I do with my magic sword is absolutely none of your business.
It's what king's do.
Edit: Or a penguin?
Charlton have always said the delay was due to the Aussies needing to submit further documents to the EFL.
Some fans have then construed that as blaming the EFL for the delay.
I admit the communication could be much clearer.
CAS Trust statement on 12th July said -
CAS Trust was present at a Fans Forum meeting on Wednesday at which Lieven De Turck (who is leading for the club on takeover negotiations) gave an update on the situation and answered questions from supporters.
"Lieven De Turck (LDT) said that the only issue holding up the takeover by the Australian consortium was that the consortium had not yet submitted all the required documents to the English Football League (EFL)."
https://www.castrust.org/2018/07/takeover-club-says-that-efl-requires-more-documentation/.
The statement in August said pretty much the same -
LDT reiterated that his number one priority is selling the club.
"He explained that, as per the last meeting, the Australian consortium have a deal fully agreed and just need to submit final papers to the EFL. LDT said he doesn’t know when documents will be lodged. He said he is talking to the group every couple of days.
A price is also agreed with the second party. They have completed due diligence. After the last Fans’ Forum on July 11th the second party went quiet but in the last week they have become more active. They would still like to stay off the radar."
https://www.cafc.co.uk/news/view/5b7dc1d66a6ea/club-answer-fans-forum-takeover-questions
Can’t he submit the papers on behalf of the Aussies, and Bruce’s ya uncle, Sheila’s ya aunt, bye bye Roland :-)
(That was a joke before it gets construed as encouraging something illegal, got to be careful these days)
Palin's delivery of a Marxist utopian society still makes me laugh and I must of seen it over 20 times.
Their skulking about in the shadows, lack of transparency and shitty little website fill me with me no confidence at all.
Of course business people start from a stronger position than most in terms of understanding how to value a business; however non -business people tend to assume that "business" is all the same, works the same way. On the contrary it is essential to appreciate that there are massive differences in characteristics of businesses according to the products or services they provide. That is one reason why so many apparently successful businesspeople fail when running a football club. They fail to appreciate the particular characteristics of this business; some of those characteristics, e.g.the relationship with "customers" are almost..er...unique.
Of course I could be wrong in the way I look at valuation of a football club like CAFC. I am simply waiting for a rational business -based explanation of why I am wrong. From anyone.