Attention: Please take a moment to consider our terms and conditions before posting.

The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

1146814691471147314742264

Comments

  • I don’t believe for one minute Ashley is intending to buy us.

    This
  • Fair point @Bubble i can’t disagree with any of that.

    Becoming convinced by others that my hunch was almost certainly wrong
  • Ashley has been wanting to sell Newcastle for years now and he doesn't seem any closer to doing that. If RD is holding out for him he'll be waiting a long time

    Thinking the same thing. Roly is setting there, losing maybe £1m a month, turning away potential buyer just in case Ashley can sell Newcastle and buy us.

    Makes sense ( but it is Roland)
  • Roland and making sense should never be used in the same sentence
  • I wonder if the last missive about the Club being sold can be in anyway related to this?

    https://www.themag.co.uk/2018/12/mike-ashley-to-sell-newcastle-united-can-90-of-newcastle-fans-really-be-wrong-as-press-back-up-story/

    Ashley is probably not the 'British' bid, but with a lot of what is known about the purchase and delays, it wouldn't surprise me.

    Gets back to London, fans aren't so expectant of success, price is a lot, lot, less than he'd get for NUFC and there is still plenty of room for him to make his mark in a positive way for a far smaller outlay.

    I'd imagine one of his targets would be to get into the same League as Newcastle and thump them.
  • edited January 2019

    Bloody hell, Mike Ashley........

    and all that premiership football.
    And debt. No thanks.
    How many clubs don't have any debt? It's impossible for us to get where we want to be and make a profit.

    Mike Ashley at Newcastle:


    Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.

    Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.

    Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.

    In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.

    Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.

    Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.

    The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
    Bump.
    Don't want him.
  • That’s it, I’m getting to the end of my tether with all these shanigans going around and upsetting the fans. And I’m goodnight to do something positive to being this all to an abrupt end.
    On Friday I’m going to invest £2 on the European lottery and when I win I’ll either pay off the difference the asking price and the realistic price AND the x-directors loans.
    Or bribe RDto sell immediately to Whoever is on position to take hold of the Reins and keep the change.
    Anybody else going to join in and spread the chances?
  • Dazzler21 said:

    Is it happening?

    image

    image
    Little Danny Devito meant to be shaking his head and saying 'NO'
  • Sponsored links:


  • jams said:

    I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything

    Jams - was this what you were thinking of? https://www.judiciary.uk/wp-content/uploads/2017/12/Khakshouri-v-Jimenez-judgment.pdf
  • edited January 2019
    @Bubble wrote:

    So out of interest @ShootersHillGuru @Airman Brown @Bubble and anyone else convinced of the above, what’s your best guess on who ‘the Brits’ may be and do you suspect the non progression of that group is down to the same reasons as the Aussies or a different reason?

    If we take LDT at face value I am not sure how a British bid can move into “6th gear” if technically they can be no closer to buying the club than at any other time by being unable to own or have part ownership of another English club, unless it’s pushed him to sell Newcastle at a reduced price urgently to free himself up to buy Charlton and both logically and by his own reputation that doesn’t make sense.

    Also not sure what the motivation would be for Ashley to buys us. I’ve never heard him be described as a big football man. All the noise from Newcastle suggests he runs it as a break even/profit making business with the added bonus of premier league advertising for his SportsDirect brand. We don’t offer that. Ok maybe we’re closer to home for him but what other movitation does he have? Some kind of footballing redemption? Doesn’t strike me as that kind of character.


    ------------------------------------------------------------------------------

    Is 6th gear the equivalent of Spinal Tap's eleven?
    and if so, doesn't this suggest that someone is making a mockumentary of this entire take-over process?


  • I think we should have a bite sized update.

    I don't mind being in charge of it (Taking time out of my day) and proof read it once Cabes has drafs it

    Are you sure :):)
    Purely for the timing of the non-events. Spelling and grammar don't interest me
    WHAT!?
  • The only logical reason why Mike Ashley might want to buy Charlton is that he can get it relatively cheaply and with a modest investment, it would be possible to get us back into the premiership and that’s where he’d make his money. By selling to rich Australians / Americans.

    But I’m coming down on @Off_it side of the fence. This has taken so long that there is something more to it than meets the eye and it probably relates to Duchatelet not doing a proper due diligence when he first bought us. Skeletons in the closets and all of that ...
  • With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at
  • JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    I think they may well feel that, all the negative publicity and comment over wearing a scarf and then the joint statement, that they are better to keep schtum.
  • Solidgone said:

    That’s it, I’m getting to the end of my tether with all these shanigans going around and upsetting the fans. And I’m goodnight to do something positive to being this all to an abrupt end.
    On Friday I’m going to invest £2 on the European lottery and when I win I’ll either pay off the difference the asking price and the realistic price AND the x-directors loans.
    Or bribe RDto sell immediately to Whoever is on position to take hold of the Reins and keep the change.
    Anybody else going to join in and spread the chances?

    Hate to break it to you @Solidgone but the euro millions is £2.50... hope you can push to that and good luck!
  • Don’t understand where the Mike Ashley link is coming from?

    If a man of that profile, was genuinely interested in buying Charlton after Newcastle.. we would have some idea, but there has been 0 reports about this so why are people still talking about Ashley?

  • jams said:

    I'm sure I remember someone insinuating that there were allegedly some issues around the legality of certain things when RD purchased the club, relating to the spivs. Does anyone recall this and as far as we know has that been resolved? I just can't think what would mean multiple groups of purchasers need to be so silent on everything

    Jams - was this what you were thinking of? https://www.judiciary.uk/wp-content/uploads/2017/12/Khakshouri-v-Jimenez-judgment.pdf

    Cheers cardinal, I think that was what I had in the back of my mind but this has been going on for so long I can't honestly remember!
  • Sponsored links:


  • JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    That would be good but he’s not allowed to.
  • Mike Ashley is only interested in clubs with a 50k fan base or more. Other than location we don't fit. So very left field to imagine we fit his portfolio.
  • JohnnyH2 said:

    JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    I think they may well feel that, all the negative publicity and comment over wearing a scarf and then the joint statement, that they are better to keep schtum.
    The scarf wearing was just plain stupid. They looked like idiots doing that (wearing a scarf on a hot summer evening that was clearly bought for the occasion) and the subsequent slience and lack of completing the deal has in my opinion not helped their image. It's very easy to get a positive public message out there about their intentions for the club, what is stopping them
    An NDA and perhaps the feeling that they are better off not saying anything.

    I heard they now regret the joint statement, which I think was a bigger mistake than the scarves, which was trivial imo.

    Having been burnt before they most likely feel that they have nothing to gain by making any statements until the deal is done.

    No one is asking the British group to speak so why demand that from the Aussies?
    Would love to hear from the British group but no one I have seen knows who they are. Mr Murphy and his group are known that is why I think now would be a good time to get their side. The Trust board agree as they wrote to Mr Murphy.

    The scarves pretty much highlighted who they were, anyone advising them to wear them must have a limited knowledge of supporters, i.e. They would stick out like a sore thumb
  • True but judicious press announcements to apply pressure are a key tool in potential acquisitions.

    Seen it time and time again in my work, both seller and acquirer normally spend a lot of time working out with their advisers how best to leak what and sometimes it works and sometimes it’s counterproductive.

    It’s not just sale of Charlton though, every deal has a bit of it.

    It just is more annoying for us because we care.
  • .

    JohnnyH2 said:

    JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    I think they may well feel that, all the negative publicity and comment over wearing a scarf and then the joint statement, that they are better to keep schtum.
    The scarf wearing was just plain stupid. They looked like idiots doing that (wearing a scarf on a hot summer evening that was clearly bought for the occasion) and the subsequent slience and lack of completing the deal has in my opinion not helped their image. It's very easy to get a positive public message out there about their intentions for the club, what is stopping them
    An NDA and perhaps the feeling that they are better off not saying anything.

    I heard they now regret the joint statement, which I think was a bigger mistake than the scarves, which was trivial imo.

    Having been burnt before they most likely feel that they have nothing to gain by making any statements until the deal is done.

    No one is asking the British group to speak so why demand that from the Aussies?
    Agree. The scarves showed enthusiasm and over optimism at worse. They thought it was very close at that time.

  • There is no British bid. There is only the Aussies.
  • JohnnyH2 said:

    JohnnyH2 said:

    JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    I think they may well feel that, all the negative publicity and comment over wearing a scarf and then the joint statement, that they are better to keep schtum.
    The scarf wearing was just plain stupid. They looked like idiots doing that (wearing a scarf on a hot summer evening that was clearly bought for the occasion) and the subsequent slience and lack of completing the deal has in my opinion not helped their image. It's very easy to get a positive public message out there about their intentions for the club, what is stopping them
    An NDA and perhaps the feeling that they are better off not saying anything.

    I heard they now regret the joint statement, which I think was a bigger mistake than the scarves, which was trivial imo.

    Having been burnt before they most likely feel that they have nothing to gain by making any statements until the deal is done.

    No one is asking the British group to speak so why demand that from the Aussies?
    Would love to hear from the British group but no one I have seen knows who they are. Mr Murphy and his group are known that is why I think now would be a good time to get their side. The Trust board agree as they wrote to Mr Murphy.

    The scarves pretty much highlighted who they were, anyone advising them to wear them must have a limited knowledge of supporters, i.e. They would stick out like a sore thumb
    I'd love to hear from too but I don't expect it as a right.

    I'll get them down to Bromley Addicks PDQ they take over.
  • There is no British bid. There is only the Aussies.

    Sauce?
  • JohnnyH2 said:

    JohnnyH2 said:

    JohnnyH2 said:

    With the club saying no group has exclusivity on the deal surely it is reasonable to assume Mr Murphy to tell supporters what his plans for the club are. I know the Trust have tried to make contact with him but would presume as nothing as come out this has not worked.

    After making such a public appearance at the home leg, then sitting in the Directors Box at the away leg and taking part in a joint statement with the club in the summer, the onus in my opinion is for him to tell us where we are at

    I think they may well feel that, all the negative publicity and comment over wearing a scarf and then the joint statement, that they are better to keep schtum.
    The scarf wearing was just plain stupid. They looked like idiots doing that (wearing a scarf on a hot summer evening that was clearly bought for the occasion) and the subsequent slience and lack of completing the deal has in my opinion not helped their image. It's very easy to get a positive public message out there about their intentions for the club, what is stopping them
    An NDA and perhaps the feeling that they are better off not saying anything.

    I heard they now regret the joint statement, which I think was a bigger mistake than the scarves, which was trivial imo.

    Having been burnt before they most likely feel that they have nothing to gain by making any statements until the deal is done.

    No one is asking the British group to speak so why demand that from the Aussies?
    Would love to hear from the British group but no one I have seen knows who they are. Mr Murphy and his group are known that is why I think now would be a good time to get their side. The Trust board agree as they wrote to Mr Murphy.

    The scarves pretty much highlighted who they were, anyone advising them to wear them must have a limited knowledge of supporters, i.e. They would stick out like a sore thumb
    I'd love to hear from too but I don't expect it as a right.

    I'll get them down to Bromley Addicks PDQ they take over.
    You wish.

    BBBC Addicks first. All four of us.
This discussion has been closed.

Roland Out Forever!