Glad to have you back @JamesSeed , and to read your good news.
When you say the Aussies are out, do you mean they are out out? Or did you mean that in a "Roland Out!" kinda way?
If they are out of the picture, hopefully this leads Roland to revise his asking price, and other buyers are found ASAP.
Couldn't agree more with the terminal decline comments. It may not happen instantly, but we will continue to slide under RD's ownership, and relegation to League 2 and beyond beckons.
Let's look at a hypothetical example of how a separate Valley/Club deal might work.
Total takeover cost £30 million - made up of £15 million real estate and £15 million good will, EFL licence, squad value etc...
Americans pay £15 mill for the real estate and Aussies buy the rest. Americans charge a rent of £600k per year for a secure 99 year term thereby getting a 4% return, but retain ownership of the ground. Escape clause from the lease with an option for the Aussies to buy the freehold for say £20 million at any point in the future. Americans play no part whatsoever in running the club.
Ignore the actual figures above but that might work.
What about maintenance and repairs, is that down to the landlord? Remember Glikstein wouldn't sort the east terrace when Hulyer owned the football club.
Let's look at a hypothetical example of how a separate Valley/Club deal might work.
Total takeover cost £30 million - made up of £15 million real estate and £15 million good will, EFL licence, squad value etc...
Americans pay £15 mill for the real estate and Aussies buy the rest. Americans charge a rent of £600k per year for a secure 99 year term thereby getting a 4% return, but retain ownership of the ground. Escape clause from the lease with an option for the Aussies to buy the freehold for say £20 million at any point in the future. Americans play no part whatsoever in running the club.
Ignore the actual figures above but that might work.
What about maintenance and repairs, is that down to the landlord? Remember Glikstein wouldn't sort the east terrace when Hulyer owned the football club.
That’s the whole point of negotiations. It could be as good or as bad as you can imagine and anything in between.
Let's look at a hypothetical example of how a separate Valley/Club deal might work.
Total takeover cost £30 million - made up of £15 million real estate and £15 million good will, EFL licence, squad value etc...
Americans pay £15 mill for the real estate and Aussies buy the rest. Americans charge a rent of £600k per year for a secure 99 year term thereby getting a 4% return, but retain ownership of the ground. Escape clause from the lease with an option for the Aussies to buy the freehold for say £20 million at any point in the future. Americans play no part whatsoever in running the club.
Ignore the actual figures above but that might work.
What about maintenance and repairs, is that down to the landlord? Remember Glikstein wouldn't sort the east terrace when Hulyer owned the football club.
Gordon Bennett - it was only an example.
Now if the Americans/Aussies pay me handsomely I'll structure a deal beneficial to me both!!
Sorry, I was wrong. On Friday I posted that JW was speaking bollox & he was being played by RD. Having just listened to that 1.40 min snippet I concur he is just plain talking bollox. Conference call from the US & Oz.......it could only happen to us. Rather have Mike Ashley if I'm honest.
"Unlocking the money" in investment terms is more likely to mean dis-investing already held assetts or waiting for certain fixed rate bonds to become available. This could mean weeks or even months.
The Aussies have been around for almost 12 months & they still don't have enough money to buy the club, let alone fund it for their magical 5 year "plan". Tell them to do one & come back when they are sensible.
Sorry, I was wrong. On Friday I posted that JW was speaking bollox & he was being played by RD. Having just listened to that 1.40 min snippet I concur he is just plain talking bollox. Conference call from the US & Oz.......it could only happen to us. Rather have Mike Ashley if I'm honest.
"Unlocking the money" in investment terms is more likely to mean dis-investing already held assetts or waiting for certain fixed rate bonds to become available. This could mean weeks or even months.
The Aussies have been around for almost 12 months & they still don't have enough money to buy the club, let alone fund it for their magical 5 year "plan". Tell them to do one & come back when they are sensible.
Isn’t proving funds for 5 years part of the efl fit and proper persons test?
So rewinding a bit. It was stated that the new owners were introduced to staff between Xmas and new year, who made introductions and to who and what has actually changed since?. Also I'm sure I remember someone saying there were no issues regarding the funding for the deal, so what the fuck changed since then or was all this bullshit??
I think the meet and greet at the training ground on a Sunday as championed by Airman may have been with 'POTENTIAL new owners'. Not 'THE new owners.' Chinese whispers play a f****** huge part in a lot that goes on here.
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
If the rumours of Americans potentially looking to purchase the Valley and training facilities are true then I assume they would have to pay off the existing Director loans in order to achieve this?
Can't see this being part of the deal to be honest.
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
It will happen in the next two weeks, I seem to have heard that before somewhere
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
It will happen in the next two weeks, I seem to have heard that before somewhere
Difference being I said it will be resolved. That can be either positive or negative
So rewinding a bit. It was stated that the new owners were introduced to staff between Xmas and new year, who made introductions and to who and what has actually changed since?. Also I'm sure I remember someone saying there were no issues regarding the funding for the deal, so what the fuck changed since then or was all this bullshit??
Thats nothing, some Aussie bloke turned up at the Valley last season, said he was the new owner and got a free scarf from the club shop....we've not seen him since, bloody chancer.
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
The way it's gone it could easily drag on another year.
I'm not sure I have much to contribute to this thread, as I I know little more than anyone else, but what I think I know is:
Muir *may* still be involved despite his comment. I was told he was, on 24th Oct. GM contacted me yesterday to say he'd text me if the deal was completed, which obviously it wasn't. (Of course he might not be involved at all, and just winding me up). As far as I know they are still intending to fund this magical 5 year "plan". That may be a reason for the delays, or maybe not.
I don't know anything about the Americans, but quite like @bobmunro 's hypothesis. However, it does seem to point to a lack of funding if they've had to bring Americans in to fund the purchase of The Valley (not sure where that info came from, but I don't know anything to suggest that isn't the case). I can understand why that would ring alarm bells to many here.
IF it's the case that these talks lead to the Aussie/Yanks buying the club, then I'm happy to give them the benefit of the doubt, and see how it goes. But if it looks like they're struggling to make the investment that the club requires to move it forward then I'll be the first to man the barricades.
Apologies to those of you who were more skeptical (less naive?) than me, if I went over the top defending the Aussies based on very little. Olive branch extended.
Hopefully when it's all over we can get back to just enjoying the football again.
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
The way it's gone it could easily drag on another year.
We know that the Aussies are serious because they’ve been chipping away at this for a long time. They obviously didn’t have the means to secure the club and have at this point arrived with partners or perhaps just finance from America. Now that may collapse if the Americans pull out and then indeed we might see a long time before any group gets as close as we currently are. I would guess that should the Americans pull the plug then the Aussies might call it a day but that’s just my view. They might well seek partners elsewhere.
Tomorrow LdT will have to answer some searching questions and we might all know a lot more by midnight tomorrow. I’m keen to know if @Airman Brown is correct that RD has been turning away interest. That to me seems very odd for someone keen to find a buyer.
I doubt we’ll hear very much now until tomorrow at the FF.
I think the meet and greet at the training ground on a Sunday as championed by Airman may have been with 'POTENTIAL new owners'. Not 'THE new owners.' Chinese whispers play a f****** huge part in a lot that goes on here.
What happened is that the group was described to those who happened to be there when they went round. Whether the original language or the retelling of it is imprecise probably isn’t meaningful.
Good to see confirmation from JW of the American angle.
Fair play to jim white, he's giving us info to the best of his knowledge and giving us national attention.
The fact people want to throw a barney on here is their own business, and, ultimately, a waste of their time and energy.
Valley Gary in particular needs to take note IMHO!
Perhaps if you took more notice you'll see I've already replied to that particular comment.
Gary....you’re slagging off of JW is way OTT......some of the things you are calling him are out of order old son. By all means point out that you don’t agree with him, you’re perfectly entitled to if that’s your take on things, but there’s no need to use the vitriolic tone and words that you have. The guy is ostensibly on our side and there’s no need to coat him off like that....why make an enemy out of the guy, it beats me? If nothing else, I’m sure he has our interests at heart.
I think a lot of the posts suggesting no price has been agreed, no bid on the table and not having the money are wide of the mark. FWIW I think something is going down and it’s reaching a conclusion. That’s not the same as reaching a positive conclusion because too much can go wrong at any point especially when dealing with someone like Duchatelet. I do think the two “buying” parties involved are getting their ducks in a row and it will either work out or not in the next week or so.
The way it's gone it could easily drag on another year.
We know that the Aussies are serious because they’ve been chipping away at this for a long time. They obviously didn’t have the means to secure the club and have at this point arrived with partners or perhaps just finance from America. Now that may collapse if the Americans pull out and then indeed we might see a long time before any group gets as close as we currently are. I would guess that should the Americans pull the plug then the Aussies might call it a day but that’s just my view. They might well seek partners elsewhere.
Tomorrow LdT will have to answer some searching questions and we might all know a lot more by midnight tomorrow. I’m keen to know if @Airman Brown is correct that RD has been turning away interest. That to me seems very odd for someone keen to find a buyer.
I doubt we’ll hear very much now until tomorrow at the FF.
Comments
When you say the Aussies are out, do you mean they are out out? Or did you mean that in a "Roland Out!" kinda way?
If they are out of the picture, hopefully this leads Roland to revise his asking price, and other buyers are found ASAP.
Couldn't agree more with the terminal decline comments. It may not happen instantly, but we will continue to slide under RD's ownership, and relegation to League 2 and beyond beckons.
Now if the Americans/Aussies pay me handsomely I'll structure a deal beneficial to
meboth!!"Unlocking the money" in investment terms is more likely to mean dis-investing already held assetts or waiting for certain fixed rate bonds to become available. This could mean weeks or even months.
The Aussies have been around for almost 12 months & they still don't have enough money to buy the club, let alone fund it for their magical 5 year "plan". Tell them to do one & come back when they are sensible.
I'll take 1 day if its still available..
welcome back @JamesSeed !
Chinese whispers play a f****** huge part in a lot that goes on here.
There's a huge difference.
Can't see this being part of the deal to be honest.
Muir *may* still be involved despite his comment. I was told he was, on 24th Oct.
GM contacted me yesterday to say he'd text me if the deal was completed, which obviously it wasn't. (Of course he might not be involved at all, and just winding me up).
As far as I know they are still intending to fund this magical 5 year "plan". That may be a reason for the delays, or maybe not.
I don't know anything about the Americans, but quite like @bobmunro 's hypothesis. However, it does seem to point to a lack of funding if they've had to bring Americans in to fund the purchase of The Valley (not sure where that info came from, but I don't know anything to suggest that isn't the case). I can understand why that would ring alarm bells to many here.
IF it's the case that these talks lead to the Aussie/Yanks buying the club, then I'm happy to give them the benefit of the doubt, and see how it goes. But if it looks like they're struggling to make the investment that the club requires to move it forward then I'll be the first to man the barricades.
Apologies to those of you who were more skeptical (less naive?) than me, if I went over the top defending the Aussies based on very little. Olive branch extended.
Hopefully when it's all over we can get back to just enjoying the football again.
Tomorrow LdT will have to answer some searching questions and we might all know a lot more by midnight tomorrow. I’m keen to know if @Airman Brown is correct that RD has been turning away interest. That to me seems very odd for someone keen to find a buyer.
I doubt we’ll hear very much now until tomorrow at the FF.
Good to see confirmation from JW of the American angle.
By all means point out that you don’t agree with him, you’re perfectly entitled to if that’s your take on things, but there’s no need to use the vitriolic tone and words that you have.
The guy is ostensibly on our side and there’s no need to coat him off like that....why make an enemy out of the guy, it beats me?
If nothing else, I’m sure he has our interests at heart.