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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • I’m in the ‘not getting excited until it’s done and dusted and announced through official channels’ Camp. The reason ... this is Charlton. I’ve had a lifetime of misery supporting this club through thick and thin and the biggest letdown of all was the Zabeel debacle. How many weeks did we have thinking that we’d be competing with the likes of Man City only for the rug to be pulled from under our feet. I just can’t get excited this time around and will not raise any enthusiasm until it’s done and dusted.
  • So I’m dying to get excited about it all but if I try and look at things coldly...

    - the big expectations that this is imminent stems from a broker talking who only Jim White seems to know (Rick may possibly now after speaking to Jim).

    - The broker insinuates it is very close, so why did he contact Jim to put it out there at that point, not before, or, if close, not once it’s fully done if there was no accompanying desire to release details of individuals involved?

    - From what Jim had said there is an expectation that that this would have been completed by the end of last week, then the beginning of next week, then ‘should’ by Wednesday.

    - while there are hinted snippets such as nationality and ages, there appears to be no knowledge anywhere on, along with the broker, who the front man is, who the key financier is, who or how many make up the consortium and whether or not there is any connection / overlap with other previously interested parties

    My fearful side worries that this wasn’t as close as the broker, and in turn Jim White, was making out, and was a bit of a play on the brokers side to move engagement forward or put pressure on RD to resolve a stumbling block in the negotiation.

    But people at senior levels within the club are also saying it's "90%" done.

    The regime people lie and distort, we all know that, but it's not just coming from White's broker.
    People at senior levels of the club have been sure it’s ‘almost done’ on more than one occasion in this saga though, haven’t they?

    Again, I’m not saying it won’t happen next week, I just think what JW put out there was over exagerated which worries me this isn’t as close as others are also making out.
  • Nug said:



    Met Bezos 20 odd years ago through work when Amazon had just started if only I’d known what a feckin mess we’d be in I could have presented him with a Charlton shirt and he’d be a fan coming to our rescue right now. Cue wild stories about amazon taking us over this week!

    My brother in-law works for him. My guess is that if he bought CAFC, he would announce right away that he is expanding The Valley. A few months later we would learn that it was becoming an Amazon warehouse and that the seats were being ripped out and you could only watch games on Amazon TV with a Prime membership.
    And the ticket office and club shop would be relocated to the Channel Islands!
  • So I’m dying to get excited about it all but if I try and look at things coldly...

    - the big expectations that this is imminent stems from a broker talking who only Jim White seems to know (Rick may possibly now after speaking to Jim).

    - The broker insinuates it is very close, so why did he contact Jim to put it out there at that point, not before, or, if close, not once it’s fully done if there was no accompanying desire to release details of individuals involved?

    - From what Jim had said there is an expectation that that this would have been completed by the end of last week, then the beginning of next week, then ‘should’ by Wednesday.

    - while there are hinted snippets such as nationality and ages, there appears to be no knowledge anywhere on, along with the broker, who the front man is, who the key financier is, who or how many make up the consortium and whether or not there is any connection / overlap with other previously interested parties

    My fearful side worries that this wasn’t as close as the broker, and in turn Jim White, was making out, and was a bit of a play on the brokers side to move engagement forward or put pressure on RD to resolve a stumbling block in the negotiation.

    You know when you need a cold shower...you are never grateful for it. :)
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  • Don't get too high nor too low. It will happen when it happens.
  • ‘90% done’ is a very odd phrase in relation to a takeover process.

    It could mean ‘We have agreed the price, the funding cash flow payments the timing of these, payments under contracts for past players like Gomez, Lookman etc, payments to the ex-directors and we are just having the lawyers write all this up’

    Or it could mean ‘We have a broad agreement in principle but there a few very knotty issues in the detail that could still detail the process such as rights over the Valley, training ground, future payments as ex-players perform or move club and we have to resolve these issues before the lawyers can finalise the contracts for us to sign.’

    Could also mean it IS done and they are awaiting league approval, which is hard to predict. Sunderland's takeover was hung up by the league dragging their feet.
    They won't "drag their feet" on a deal for a club with whose fans they have already had two meetings and have another scheduled for Jan 16, if I recall.

  • So I’m dying to get excited about it all but if I try and look at things coldly...

    - the big expectations that this is imminent stems from a broker talking who only Jim White seems to know (Rick may possibly now after speaking to Jim).

    - The broker insinuates it is very close, so why did he contact Jim to put it out there at that point, not before, or, if close, not once it’s fully done if there was no accompanying desire to release details of individuals involved?

    - From what Jim had said there is an expectation that that this would have been completed by the end of last week, then the beginning of next week, then ‘should’ by Wednesday.

    - while there are hinted snippets such as nationality and ages, there appears to be no knowledge anywhere on, along with the broker, who the front man is, who the key financier is, who or how many make up the consortium and whether or not there is any connection / overlap with other previously interested parties

    My fearful side worries that this wasn’t as close as the broker, and in turn Jim White, was making out, and was a bit of a play on the brokers side to move engagement forward or put pressure on RD to resolve a stumbling block in the negotiation.

    But people at senior levels within the club are also saying it's "90%" done.

    The regime people lie and distort, we all know that, but it's not just coming from White's broker.
    ‘Senior levels’? So we are talking Betty the tea lady then.
  • ‘90% done’ is a very odd phrase in relation to a takeover process.

    It could mean ‘We have agreed the price, the funding cash flow payments the timing of these, payments under contracts for past players like Gomez, Lookman etc, payments to the ex-directors and we are just having the lawyers write all this up’

    Or it could mean ‘We have a broad agreement in principle but there a few very knotty issues in the detail that could still detail the process such as rights over the Valley, training ground, future payments as ex-players perform or move club and we have to resolve these issues before the lawyers can finalise the contracts for us to sign.’

    Could also mean it IS done and they are awaiting league approval, which is hard to predict. Sunderland's takeover was hung up by the league dragging their feet.

    I thought it hung up because the person buying Sunderland had an interest in Eastleigh that he had to dispose of first.
  • Scoham said:
    is that Terry Venables bottom left?
  • So I’m dying to get excited about it all but if I try and look at things coldly...

    - the big expectations that this is imminent stems from a broker talking who only Jim White seems to know (Rick may possibly now after speaking to Jim).

    - The broker insinuates it is very close, so why did he contact Jim to put it out there at that point, not before, or, if close, not once it’s fully done if there was no accompanying desire to release details of individuals involved?

    - From what Jim had said there is an expectation that that this would have been completed by the end of last week, then the beginning of next week, then ‘should’ by Wednesday.

    - while there are hinted snippets such as nationality and ages, there appears to be no knowledge anywhere on, along with the broker, who the front man is, who the key financier is, who or how many make up the consortium and whether or not there is any connection / overlap with other previously interested parties

    My fearful side worries that this wasn’t as close as the broker, and in turn Jim White, was making out, and was a bit of a play on the brokers side to move engagement forward or put pressure on RD to resolve a stumbling block in the negotiation.

    But people at senior levels within the club are also saying it's "90%" done.

    The regime people lie and distort, we all know that, but it's not just coming from White's broker.
    Who are these "senior" people at the club you speak of? I didn't think we had anybody and were a rudderless ship until the sale went through.
  • Taxi_Lad said:

    Scoham said:
    is that Terry Venables bottom left?
    Great shout if it is. Does he do anything other than a titchy bit of media these days? Am I wrong in recollecting Bowyer calling him out recently as a manager who’d influenced him?.
  • You aren’t wrong there. Can’t see Vanabkes in the pic myself.
  • You aren’t wrong there. Can’t see Vanabkes in the pic myself.

    He’s not quite bottom left, more like about 8’o’clock and he’s side on but I reckon it is him. Great detective work by @Taxi_Lad
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  • No surprise there is confusion regarding the take over.
    Apparently we are getting info. from a broker or an agent, or maybe a brokers agent, or is it an agents broker?
    All dealing with a nutter!!!
    Confusion and wild speculation.
    Looks like we will reach 1500 pages before the nutters draw the whole saga to a conclusion.
  • I believe Richard Murray via one of his media companies owned the global rights to "Who wants to be a millionaire" now it's back on the box through Royalties is he fronting the consortium :)
  • Well as I see it, this next 3 days are defining, Monday or Tuesday - as JW said, we should of been taken over, if not, then Wednesday's fans forum should tell us something, either the same old 5 interested bullchite again, or something more Interesting. Interesting week.
  • It’s happening and it’s imminent!
  • I believe Richard Murray via one of his media companies owned the global rights to "Who wants to be a millionaire" now it's back on the box through Royalties is he fronting the consortium :)

    Jeremy Clarkson in charge of the catering, well he's very fussy about getting hot food!
  • Bottom left looks more llike Alan Mullery
  • “90% done” to me sounds like RD is just waiting for the funds to hit his bank account. I fully expect an announcement by the middle of this week.

    It's because Roland cut off The Valley broadband so it's all trickling through on a dial-up connection.
  • I believe Richard Murray via one of his media companies owned the global rights to "Who wants to be a millionaire" now it's back on the box through Royalties is he fronting the consortium :)

    Do you want to ask the audience?
  • I believe Richard Murray via one of his media companies owned the global rights to "Who wants to be a millionaire" now it's back on the box through Royalties is he fronting the consortium :)

    He can’t have many friends to phone now.
  • Solidgone said:

    It’s happening and it’s imminent!

    That’s what I heard.
This discussion has been closed.

Roland Out Forever!