When it happens and God knows when that will be. Next week Next month Next year. It will come right out of the blue and take all of the Itk people by surprise.
You can see it now, LDT," how can I keep this cushy number? I know tell Rolly I've got a buyer for £70m that will keep me here at least till the end of the season."
My conclusion is simply that our potential buyers whether they be UK, Aussie or AN Other aren’t prepared to do the deal unless we are promoted and don’t fancy the gamble of funding a League 1 club. Even if RD improves the deal /price maybe our suitors just don’t like the odds of securing promotion.
Maybe but if that is the case why were LDT and Jim White so confident that a deal was close this month?
Nothing makes sense because the owner is dishonest and irrational.
As ever he pushes all blame onto others and never accepts that it might be his price, his conditions and his mismanagement that have created this impasse.
In any case, running a promotion campaign in the championship will be a lot more expensive than in league 1.
Maybe some of the investors (if it’s a consortium) still need persuading and promotion to the championship is what they need to believe is realistic. Reaching the play offs last year but not progressing may have caused some to waver and some may have cold feet now even if the financial package is broadly agreed.
Agree a promotion push is more expensive in the Championship but the likelihood of operating losses is greater in League 1 and an overall less attractive prospect if investors are taking a punt.
Still doesn't explain why the deal was thought to be so close in January and we were 4th or 5th. No certainty on promotion there.
I'm still convinced it was BS to try and hustle along other bidders, I've not seen anything to persuade me otherwise.
There are things which happened behind the scenes - such as detailed involvement in player recruitment - that would have no bearing on that.
I've seen nothing to suggest anything of the sort has happened, in the same way I've seen no proof (which you said you have) about potential buyers being jerked around with super inflated asking prices.
If what you say is true, why did the deal, once again, fall through?
You’ve seen no evidence of anything, including anything the club has said, except perhaps the Aussies sitting in the directors box, so stating you don’t believe this or that on that basis is selective.
I am aware from three different sources that the would-be buyers discussed, both with Bowyer and others, details of the club’s January transfer activity.
A meeting was cancelled in December because De Turck advised on the day that it was now pointless unless the new interested party was willing to pay more than £70m because they had that deal.
Of course you can choose to believe or disbelieve that as you wish, but I am satisfied those things are true.
Begs the question, why hasn't it be done
The same question that has been asked for at least a year.
If anybody was to pay £70m or anywhere near I really don't want them as owners because they would be nuttier than the mad Belgian.
Don’t disagree but it could still be contingent on reaching the PL, which potentially makes it affordable - just very poor value.
Agree but that would also make an interesting twist. If I was selling based on future results I would want some form of bonding/gurantee from Bank or Insurance company (possible American link?).
My conclusion is simply that our potential buyers whether they be UK, Aussie or AN Other aren’t prepared to do the deal unless we are promoted and don’t fancy the gamble of funding a League 1 club. Even if RD improves the deal /price maybe our suitors just don’t like the odds of securing promotion.
Maybe but if that is the case why were LDT and Jim White so confident that a deal was close this month?
Nothing makes sense because the owner is dishonest and irrational.
As ever he pushes all blame onto others and never accepts that it might be his price, his conditions and his mismanagement that have created this impasse.
In any case, running a promotion campaign in the championship will be a lot more expensive than in league 1.
Maybe some of the investors (if it’s a consortium) still need persuading and promotion to the championship is what they need to believe is realistic. Reaching the play offs last year but not progressing may have caused some to waver and some may have cold feet now even if the financial package is broadly agreed.
Agree a promotion push is more expensive in the Championship but the likelihood of operating losses is greater in League 1 and an overall less attractive prospect if investors are taking a punt.
Still doesn't explain why the deal was thought to be so close in January and we were 4th or 5th. No certainty on promotion there.
I'm still convinced it was BS to try and hustle along other bidders, I've not seen anything to persuade me otherwise.
There are things which happened behind the scenes - such as detailed involvement in player recruitment - that would have no bearing on that.
I've seen nothing to suggest anything of the sort has happened, in the same way I've seen no proof (which you said you have) about potential buyers being jerked around with super inflated asking prices.
If what you say is true, why did the deal, once again, fall through?
You’ve seen no evidence of anything, including anything the club has said, except perhaps the Aussies sitting in the directors box, so stating you don’t believe this or that on that basis is selective.
I am aware from three different sources that the would-be buyers discussed, both with Bowyer and others, details of the club’s January transfer activity.
A meeting was cancelled in December because De Turck advised on the day that it was now pointless unless the new interested party was willing to pay more than £70m because they had that deal.
Of course you can choose to believe or disbelieve that as you wish, but I am satisfied those things are true.
Begs the question, why hasn't it be done
The same question that has been asked for at least a year.
If anybody was to pay £70m or anywhere near I really don't want them as owners because they would be nuttier than the mad Belgian.
Don’t disagree but it could still be contingent on reaching the PL, which potentially makes it affordable - just very poor value.
How the hell Roland thinks he deserves a goodwill payment "contingent" on reaching the PL, when he has had absolutely zero interest in doing the same himself whilst the club was in his care is beyond me....... and even worse that someone is even considering entertaining it.
If anybody was to pay £70m or anywhere near I really don't want them as owners because they would be nuttier than the mad Belgian.
Don’t disagree but it could still be contingent on reaching the PL, which potentially makes it affordable - just very poor value.
Agree but that would also make an interesting twist. If I was selling based on future results I would want some form of bonding/gurantee from Bank or Insurance company (possible American link?).
In which case it wouldn’t be contingent? I don’t personally believe he has an agreement at £70m plus - just over half that would be nearer the mark - but the point is that was what he was asking to engage in December. If he cannot complete the existing deal then he has batted off substantial interest with a silly figure, and not for the first time.
If anybody was to pay £70m or anywhere near I really don't want them as owners because they would be nuttier than the mad Belgian.
Don’t disagree but it could still be contingent on reaching the PL, which potentially makes it affordable - just very poor value.
Agree but that would also make an interesting twist. If I was selling based on future results I would want some form of bonding/gurantee from Bank or Insurance company (possible American link?).
In which case it wouldn’t be contingent? I don’t personally believe he has an agreement at £70m plus - just over half that would be nearer the mark - but the point is that was what he was asking to engage in December. If he cannot complete the existing deal then he has batted off substantial interest with a silly figure, and not for the first time.
There are bonding companies that specialise in exactly that, particularly in the building industry.
Is there an element of paranoia at play here? Roland/(RM) not wanting to sell to a bid that may involve certain adversaries aka the way SJ bought from Noades. Hence only entertaining certain interested parties? JAT
1. Are the £72m group still interested? They seemed to have been right royally messed about and treated very shabbily but would they come back in and would Roland ask them? If the Aussies/American deal has stalled why not try try to get this party back onside? Are they not "suitable" in Roland's eyes for some reason?
2. LDT and White clearly felt the Aussies/American deal was close but it's not happened. Is the transfer window irrelevant to a deal or perversely, will it be easier to complete when the window closes.
3. What of this British group? Who, what, when, how?
My conclusion is simply that our potential buyers whether they be UK, Aussie or AN Other aren’t prepared to do the deal unless we are promoted and don’t fancy the gamble of funding a League 1 club. Even if RD improves the deal /price maybe our suitors just don’t like the odds of securing promotion.
Maybe but if that is the case why were LDT and Jim White so confident that a deal was close this month?
Nothing makes sense because the owner is dishonest and irrational.
As ever he pushes all blame onto others and never accepts that it might be his price, his conditions and his mismanagement that have created this impasse.
In any case, running a promotion campaign in the championship will be a lot more expensive than in league 1.
Maybe some of the investors (if it’s a consortium) still need persuading and promotion to the championship is what they need to believe is realistic. Reaching the play offs last year but not progressing may have caused some to waver and some may have cold feet now even if the financial package is broadly agreed.
Agree a promotion push is more expensive in the Championship but the likelihood of operating losses is greater in League 1 and an overall less attractive prospect if investors are taking a punt.
Still doesn't explain why the deal was thought to be so close in January and we were 4th or 5th. No certainty on promotion there.
In any case that could easily be overcome by having different prices or a price dependent on promotion ie £20m now plus £10m if we go up.
And it's not just one consortuim that seem to have cold feet, it is all of them. No one can close a deal but none of that is Roland's fault, only the buyers. Sorry, just doesn't add up to me. The buyers may well be at fault but so is the seller.
I am simply speculating that a reason for delay could be because some of the consortium can’t be convinced to stump up the cash yet and perhaps need to see us promoted first.
The club and others may have been over optimistic they had sold the deal to those individuals who needed to release the cash.
As it’s been suggested the make up of the consortium has changed since last year it’s a possibility. But we don’t know.
My tbought is that as it’s not seemingly done before the transfer window it’s unlikely to be done before the end of the season now and maybe promotion makes that more likely.
I don’t know. But I’m pretty confident that when the sale eventually happens Roland will release a statement that the delays were caused by his desire to find ‘the best deal for the long term future of the club’, or some such nonsense.
I don’t know. But I’m pretty confident that when the sale eventually happens Roland will release a statement that the delays were caused by his desire to find ‘the best deal for the long term future of the club’, or some such nonsense.
Varney said a good few years back that Flamini had agreed terms with Charlton and while we were having the contract put together, he went over to Arsenal and signed for them. Told me that face to face the night before we signed Francis Jeffers and Danny Murphy. Nothing is real until it’s officially announced. I’m sure those ITK have genuine sources in the main. Don’t shoot the messengers is all I’d say. Btw, I’m not itk 😉
Varney said a good few years back that Flamini had agreed terms with Charlton and while we were having the contract put together, he went over to Arsenal and signed for them. Told me that face to face the night before we signed Francis Jeffers and Danny Murphy. Nothing is real until it’s officially announced.
Comments
Next week
Next month
Next year.
It will come right out of the blue and take all of the Itk people by surprise.
ps. I'm know nothing. just fun speculation
1. Are the £72m group still interested? They seemed to have been right royally messed about and treated very shabbily but would they come back in and would Roland ask them? If the Aussies/American deal has stalled why not try try to get this party back onside? Are they not "suitable" in Roland's eyes for some reason?
2. LDT and White clearly felt the Aussies/American deal was close but it's not happened. Is the transfer window irrelevant to a deal or perversely, will it be easier to complete when the window closes.
3. What of this British group? Who, what, when, how?
The club and others may have been over optimistic they had sold the deal to those individuals who needed to release the cash.
As it’s been suggested the make up of the consortium has changed since last year it’s a possibility. But we don’t know.
My tbought is that as it’s not seemingly done before the transfer window it’s unlikely to be done before the end of the season now and maybe promotion makes that more likely.
But I’m pretty confident that when the sale eventually happens Roland will release a statement that the delays were caused by his desire to find ‘the best deal for the long term future of the club’, or some such nonsense.
Nothing ever really changes does it?
Varney said a good few years back that Flamini had agreed terms with Charlton and while we were having the contract put together, he went over to Arsenal and signed for them. Told me that face to face the night before we signed Francis Jeffers and Danny Murphy.
Nothing is real until it’s officially announced.
I’m sure those ITK have genuine sources in the main.
Don’t shoot the messengers is all I’d say.
Btw, I’m not itk 😉