"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
I heard a rumour from a legal expert that if Roland is still in charge after a no deal Brexit, he risks having his assets seized by HMRC, being arrested, tortured and interned indefinitely in the Tower of London.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
no competent bidder would agree a price before completing DD - that would be on a par with those Homes under the Hammer halfwits who buy shitbox moneypits at auction without viewing the property or its legal pack, or buying a car on fleabay without testing it! What sort of risible shit4brains would buy a football club without establishing for certain its financial position and total indebtedness? Somebody will next suggest that all players are interchangeable and that midfield and defence can swap roles at halftime to ease the physical burden...
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
I think all they are asking now is signing an nda and proof of funds before doing DD.
It may be that the owner, in an attempt to get fans to stop thinking he's a twat, has decided to throw some "news", rumours and obfuscated nonsense into the mix.
He may be hoping that the confusion and disagreements that this causes will stop, for a while, the fans thinking of him as a twat.
And it may be that he's picked on five, disparate "parties", about which to leak tidbits of information, in order that it takes a significant amount of time to work through all the rumours and conjecture, guesses and assumptions, facts and fiction, before coming to an educated conclusion as to what the actual situation is.
So, since reading the statement today, I have taken my time in reaching my own conclusion, based on everything I know so far, and on what the most accurate assumptions are that I can make about every party involved in the sale.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
no competent bidder would agree a price before completing DD - that would be on a par with those Homes under the Hammer halfwits who buy shitbox moneypits at auction without viewing the property or its legal pack, or buying a car on fleabay without testing it! What sort of risible shit4brains would buy a football club without establishing for certain its financial position and total indebtedness? Somebody will next suggest that all players are interchangeable and that midfield and defence can swap roles at halftime to ease the physical burden...
Not even an indicative price?
Otherwise why spend hundreds of thousands on DD only to find out the asking price is way OTT?
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
I think all they are asking now is signing an nda and proof of funds before doing DD.
Maybe hence my question. Has RD shifted his negotiation policy after not being able to get the club sold?
But that still leaves the question. Why spend a small fortune on DD if they don't even have a ball park figure?
And if he's open to offers why not the Aussie offer?
Problem we have only LDTs version of events and he can't be trusted to give the truth, the whole truth and nothing but the truth.
So ...... , it's a win win , all good new then. Sits back a waits for the announcement on Friday.
Not saying what Friday though !
LDT doesn't work Fridays so it will never be a Friday
Nailed it !! Potential new owners set Friday as completion date 3 months ago but we have no one in the office to take the call/ sign the forms etc. I believe they are still there, somewhere in SE7...sitting in a unlit room with pen in hand.....
Empty packet of crisps on the desk top, doucebag & LTD refusing to sign the deal until new owner sweeps all the crumbs up
So essentially, literally nothing has changed for the last 6 months and all we keep getting is regurgitate nonsense from the club.
What a mess and I feel we must really be a long way away from anything happening. I give it another 6 months and things might have only just started to have a different outcome.
Price has always been too high and the problem. Nothing is going to change so the only way we have rid of RD is if we get promoted.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
You can know an indicative price without agreeing to it.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
You can know an indicative price without agreeing to it.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
I think the committee is The Wheeltappers And Shunters Club.
"LDT said that due diligence is ongoing with the third party. They have a committee that will decide in two weeks if they will offer and what their offer is."
So doing DD but not agreed a price?
I think the committee is The Wheeltappers And Shunters Club.
I heard it was Charlton Liberal Club spending the money from the sale.
There is only one party involved - the Aussies - and they have all but buggered off.
If it turns out there's 5 parties involved I shall have a tattoo of a cock done.
Van Turkey was careful to say that 5 parties were interested rather than involved. To be interested all you have to do is make a phone call, find out Roland's asking price, and say call you later.
I think the proof of funds gets you into the ‘portal’ with the basic info to do initial dd. You then make an offer and if acceptable u enter into the proper 2 way dd - that is my take on it - of course that was rubbished by the know it alls months back but I think they are coming round to accepting it now - whether we r anywhere near being sold however is anybody’s guess
It is the sum of the man, that Roland Dutchelet took .02 of a nano second buying the club, eschewing any form of due diligence allegedly, only to then attempt a Guinness World Record for the most drawn out and mind numbing takeover while trying to offload the steaming pile of excrement HE created!
Comments
So doing DD but not agreed a price?
He may be hoping that the confusion and disagreements that this causes will stop, for a while, the fans thinking of him as a twat.
And it may be that he's picked on five, disparate "parties", about which to leak tidbits of information, in order that it takes a significant amount of time to work through all the rumours and conjecture, guesses and assumptions, facts and fiction, before coming to an educated conclusion as to what the actual situation is.
So, since reading the statement today, I have taken my time in reaching my own conclusion, based on everything I know so far, and on what the most accurate assumptions are that I can make about every party involved in the sale.
And my conclusion is clear.
The owner is a twat.
Otherwise why spend hundreds of thousands on DD only to find out the asking price is way OTT? Maybe hence my question. Has RD shifted his negotiation policy after not being able to get the club sold?
But that still leaves the question. Why spend a small fortune on DD if they don't even have a ball park figure?
And if he's open to offers why not the Aussie offer?
Problem we have only LDTs version of events and he can't be trusted to give the truth, the whole truth and nothing but the truth.
What a mess and I feel we must really be a long way away from anything happening. I give it another 6 months and things might have only just started to have a different outcome.
Price has always been too high and the problem. Nothing is going to change so the only way we have rid of RD is if we get promoted.
Andy Delort has scored 5 goals in 14 games plus 3 assists for Montpellier in Ligue 1.
he is on loan from Toulouse.
Carry on........
I don't take that level of expenditure lightly.
If it turns out there's 5 parties involved I shall have a tattoo of a cock done.
@killerjerrylee would have to hold me back !
It is the sum of the man, that Roland Dutchelet took .02 of a nano second buying the club, eschewing any form of due diligence allegedly, only to then attempt a Guinness World Record for the most drawn out and mind numbing takeover while trying to offload the steaming pile of excrement HE created!