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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • edited January 2019

    Scoham said:

    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.
    Over to you, Lieven...
    The most logical reason why RD has stuck with The Aussies as his preferred choice (and possibly turned away others), must be the price.
    The Aussies must have offered the most money.

    If someone offered me a few million pounds extra, I'm pretty sure I'd wait if I thought they could raise the funds.

    The problem (not the only problem) has always been raising the funds that they have agreed to pay.
    Whether or not at any point, they did have (thought they did have) the funds.
  • Scoham said:

    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 cannot remember. Who here on CL is a participant in the FF with LdT?

  • Don't believe this is going to happen and I think it's for the same reason it hasn't so far - the money Roland wants is way more than we as a club are worth.

    Roland is stubborn and not prepared to take a hit on his pride even if it ends up costing him way more. I think his heirs will sell us, God knows where we will be by then but it won't be higher than we are now.
  • Scoham said:

    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 cannot remember. Who here on CL is a participant in the FF with LdT?

    Killerjerrylee.
  • Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.
  • Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
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  • clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
  • And they've even got a fish in there!

    Good old Kevin!
  • At the next fans forum people should give his minion a harder time, not necessarily aggressive or anything but make him not want to make up rubbish again in a few months.
  • edited January 2019

    Scoham said:

    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 cannot remember. Who here on CL is a participant in the FF with LdT?

    Killerjerrylee.
    And @razil ?
  • Scoham said:

    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.
    Over to you, Lieven...
    A deal will never get done until Roland gives up on these Aussies who have yet to put a deal together for over a year.
    His valuation is based on their negotiations, which I believe is irrelevant as they don’t have the funding.
    If they do have funding then ask Lieven tomorrow why the deal has never got done.
    I believe there are other real bidders waiting for a deal at the correct price, but have been put off by price Aussies supposedly agreed to pay.
    My question for Lieven would be why are you wasting your time with the Aussies who clearly don’t have the funding in place.

    Said this all along.
    The sooner the Aussies f*** off the better
  • 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.

    image
  • RedChaser said:

    Scoham said:

    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 cannot remember. Who here on CL is a participant in the FF with LdT?

    Killerjerrylee.
    And razil?
    Yes.
  • Scoham said:

    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.
    Over to you, Lieven...
    A deal will never get done until Roland gives up on these Aussies who have yet to put a deal together for over a year.
    His valuation is based on their negotiations, which I believe is irrelevant as they don’t have the funding.
    If they do have funding then ask Lieven tomorrow why the deal has never got done.
    I believe there are other real bidders waiting for a deal at the correct price, but have been put off by price Aussies supposedly agreed to pay.
    My question for Lieven would be why are you wasting your time with the Aussies who clearly don’t have the funding in place.

    Sounds about right to me from what we know.
  • clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
    New Porsche, @blackpool72 ?
  • clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
    New Porsche, @blackpool72 ?
    Fanny, are you attending the FF tomorrow or have you officially left the role and can't return ?
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  • edited January 2019
    .
  • Scoham said:

    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.
    Over to you, Lieven...
    Booooom the correct answer right there @Davidsmith welcome back into the game

    They ain’t got the money still fucking 15months later move the hell on and let someone else have a go

    There are others there waiting for this to fall over hence why I believe something can happen and will happen we are just no where near done and it’s due to the continued hanging around of the Aussie group

    I don’t blame jim white I feel for him to be honest he got fed dog shit info some rehashed nonsense and wasn’t sceptical enough when it was delivered to him

    The training ground info was a Chinese whispers it was obvious let’s be honest why would someone be introduced as the new owners before an official announcement

    It was 100% potential new owners and the potential but has been missed out


    Long way to go in this
    Who is Lieven anyway?
    What is his background, what experience does he have in valuing and selling companies?
    Roland as usual employing unsuitable people to deal on his behalf.
    I have been told that at least 3 seperate entities have approached Debenture holders but Aussies/Americans have never been in touch.
    This has months to run.
  • edited January 2019

    clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
    New Porsche, @blackpool72 ?
    It's a big red old Dennis with 100,000 on the clock, ladders , hoses the lot :wink:
  • edited January 2019

    Scoham said:

    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.
    Over to you, Lieven...
    Booooom the correct answer right there @Davidsmith welcome back into the game

    They ain’t got the money still fucking 15months later move the hell on and let someone else have a go

    There are others there waiting for this to fall over hence why I believe something can happen and will happen we are just no where near done and it’s due to the continued hanging around of the Aussie group

    I don’t blame jim white I feel for him to be honest he got fed dog shit info some rehashed nonsense and wasn’t sceptical enough when it was delivered to him

    The training ground info was a Chinese whispers it was obvious let’s be honest why would someone be introduced as the new owners before an official announcement

    It was 100% potential new owners and the potential but has been missed out


    Long way to go in this
    Who is Lieven anyway?
    What is his background, what experience does he have in valuing and selling companies?
    Roland as usual employing unsuitable people to deal on his behalf.
    I have been told that at least 3 seperate entities have approached Debenture holders but Aussies/Americans have never been in touch.
    This has months to run.
    De Turck RD's stand in CFO dealing with the sale on his behalf.
  • edited January 2019
    Experience
    Fremach International
    Company NameFremach International
    Total Duration7 yrs 6 mos
    TitleCFO
    Dates EmployedJul 2014 – Present
    Employment Duration4 yrs 7 mos
    LocationDiepenbeek
    TitleGroup Controller
    Dates EmployedAug 2011 – Jun 2014
    Employment Duration2 yrs 11 mos
    LocationDiepenbeek
    Fremach International is part of ELEX NV holding

    EPIQ NV
    Company NameEPIQ NV
    Total Duration3 yrs 7 mos
    TitleGroup Controller
    Dates EmployedJul 2009 – Jul 2011
    Employment Duration2 yrs 1 mo
    LocationTessenderlo
    TitleController
    Dates EmployedJan 2008 – Jul 2009
    Employment Duration1 yr 7 mos
    located at Epiq EA in Botevgrad Bulgaria

    Continental
    Financial Analist
    Company NameContinental
    Dates EmployedNov 2003 – Dec 2007
    Employment Duration4 yrs 2 mos
    Education
    KU Leuven
    KU Leuven
    Degree NameMaster Field Of StudyApplied Economics
    Dates attended or expected graduation 2000 – 2003

    Groep T - Internationale Hogeschool Leuven
    Groep T - Internationale Hogeschool Leuven
    Degree NameMaster Field Of StudyIndustrial Engineering
    Dates attended or expected graduation 1996 – 2000

  • ross1 said:

    It has been widely reported that the Aussies don’t have large financial resources available to them and therefore cannot afford to pay Roland’s £40m valuation.

    That ridiculous figure comes from a commercial valuation of the underlying land at The Valley and Sparrows Lane. Since the Aussies can’t afford £40m, it appears that they are enlisting American financial investors to fund (and therefore have ownership of) those physical assets, whilst the Aussies run the club from a commercial perspective.

    This has massive downside risk for us fans. The financial investors are likely to charge commercial interest on their loan of c.10%, giving the Aussies an annual bill of c £4m just to use The Valley and Training Ground. In the medium term, without a very significant investment in players, the most likely scenario is that the club are a mid to lower Championship side and the Aussies will run out of money within 3 to 4 seasons. If that happens, we then have a football club effectively owned by financial investors with zero interest in owning a football club who just want to liquidate their land asset or sell it on for significantly more than they paid for it. Think what has happened to Coventry City for a parallel situation where they don’t own the ground.


    http://c.newsnow.co.uk/A/969170415?-11197:833

    Far too much guesswork from Albury Addick.
    A meaningless ramble, until facts are known.
    To be fair I thought we were all indulging in a bit of meaningless rambling until we know the facts.
    What I would say is that 99.99% of all commercial transactions are done with a view to making a profit. Not for love or Hubris ( Roland) - investments are made to make money. You have to ask yourself if the physical assets end up being split off from the football side - why would anyone do that when the trading business is a perpetual loss maker and when the physical assets would be difficult to realise or liquidate.
    I’m with David Smith on this- the Aussies agreed to the silly price months ago based on Rolands land asset valuation and have spent the last 12 months desperately trying to find some way of funding that.
    I feel that it would be better for all of us if they dropped out and a better funded bidder came along and agreed a lower more sensible price. Until the Aussies accept defeat we are probably stuck in Groundhog Day.
  • RedChaser said:

    clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
    New Porsche, @blackpool72 ?
    It' a big red old Dennis with 100,000 on the clock, ladders , hoses the lot :wink:
    "Dennis in the last minute"
  • RedChaser said:

    clb74 said:

    Lieven the Turkey got slaughtered and eaten over Christmas.
    JW will be standing in for him.

    Oi thought you said Saturday deal was being done today
    I said I was meeting my dealer today.
    New Porsche, @blackpool72 ?
    It' a big red old Dennis with 100,000 on the clock, ladders , hoses the lot :wink:
    "Dennis in the last minute"
    It can shift that's for sure :wink:
  • He can't spell analyst........ even though he was one apparently

    So who is he in terms of negotiating the selling of a football club and its assets........... a "two a penny" financial controller of many years...... is that it?

  • 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.
    Not meaningful?
    How can you say that?

    This whole sorry charade has blown up again partly on the back of that statement. Quite how you can nonchalantly bat it into the long grass is pretty astounding tbh.
This discussion has been closed.

Roland Out Forever!