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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • edited February 2019


    What’s M & A? Shows how much I know lol)

    Morning and afternoon
  • Former Premier of South Australia and Australian High Commissioner to the UK. Born in Sidcup.

    Is he going to buy us?
  • he's quoted in that article. never heard his name linked to this before
  • he's quoted in that article. never heard his name linked to this before

    He has been mentioned many years ago as a "famous" fan but never, IIRC, linked to the takeover.
  • edited February 2019



    What’s M & A? Shows how much I know lol)

    Morning and afternoon

    Morning to you too.
  • he's quoted in that article. never heard his name linked to this before

    He has been mentioned many years ago as a "famous" fan but never, IIRC, linked to the takeover.
    Many times. He’s an obvious place for an Aussie journalist to go for a quote so I wouldn’t assume anything from it.
  • M & A = mergers and acquisitions so I think what Offit is trying to say is that Palace are merging with Charlton and we will become their reserve team.
  • edited February 2019
    Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    Perhaps that's fair comment, but at least two important sources on this story have vastly more relevant professional business takeover experience and knowledge than anyone posting on here (as far as I am aware) - or indeed Duchatelet, LDT and Murray. It's not a lack of process knowledge that has been behind the numerous false dawns and the professionals have been as bemused as anyone else.
  • edited February 2019
    So the Aussies ‘accidentally’ bid too much (subject to rubber stamping by a backer) and the sale been stuck ever since as a result?

    Just seems very unlikely, but then we are dealing with Roland.
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  • JamesSeed said:

    Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    What’s M & A? (Shows how much I know lol)
    Mergers & Aquisitions

  • JamesSeed said:

    Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    What’s M & A? (Shows how much I know lol)
    Mergers & Aquisitions

    Yes actually I remembered that not longer after I posted it.
  • JamesSeed said:

    Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    What’s M & A? (Shows how much I know lol)
    Morroccan & A Belgian

    @masicat knows...
  • edited February 2019
    .
  • I think they underestimated how much the club was going to cost to run.
  • Is there another fans meeting with LDT in February? I vaguely remember the 9th. If so, can whomever is attending ask him WTF is going on and **** NDAs etc.
  • edited February 2019
    Redrobo said:

    One of the worst weeks ever as a Charlton supporter. Please sell so we can all move on.

    Believe me as shit as the last week has been. We've had so many worse, I feel it just Par for the course of being a Cafc fan.

    100% need owners that care even if only moderately wealthy. This impassé is impacting on every facet of this club.
    Even though some supportiers on CL don't think Duchatelet is being spiteful to fans by recent inactivity but Schadenfreude must exist in the mind of RD because if it was just money why would he buy a middle size London club that by his inept ownership is now a small London club in the first place ?
  • Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    Perhaps that's fair comment, but at least two important sources on this story have vastly more relevant professional business takeover experience and knowledge than anyone posting on here (as far as I am aware) - or indeed Duchatelet, LDT and Murray. It's not a lack of process knowledge that has been behind the numerous false dawns and the professionals have been as bemused as anyone else.
    I’d be surprised on the experience point, fairly sure there are several +20 year experienced M&A professionals post on here.

    As to knowledge of the ongoing Charlton sale process, I hope someone has some information of it, seems fairly scarce.
  • Off_it said:

    Who knew there were so many people on Charlton Life with such extensive M&A experience?

    It's a real eye opener reading that the only thing in a sale and purchase agreement is the price, and that its always a fixed price with no conditions, etc whatsoever (on either side). And that there's only ever one version of an agreement and once it gets written into black and white it's somehow set in stone.

    It's an eye opener because if people can talk such bollocks about this one thing then I can only assume that they are talking bollocks about everything else as well.

    But don't let me stop you ......

    Perhaps that's fair comment, but at least two important sources on this story have vastly more relevant professional business takeover experience and knowledge than anyone posting on here (as far as I am aware) - or indeed Duchatelet, LDT and Murray. It's not a lack of process knowledge that has been behind the numerous false dawns and the professionals have been as bemused as anyone else.
    I’d be surprised on the experience point, fairly sure there are several +20 year experienced M&A professionals post on here.

    As to knowledge of the ongoing Charlton sale process, I hope someone has some information of it, seems fairly scarce.
    Yes, from past posts I suspect there are a few on here that do have experience of either company M&As, or the sales of assets with values in the tens / hundreds of millions, the general and specific terms of sales & purchase agreements including various ways a deal might be priced, how a due diligence process works, employee workplace rights etc etc. I myself was involved in a lot of those things in 40+ years in the oil and gas industry.

    In the scheme of things the sale of a football club is NOT rocket science as evidenced by the fact that such deals are completed several times a year in the UK. So no wonder if both professionals and those without that experience are somewhat bemused as to EXACTLY why this particular club is taking so long to be sold. But in the absence of clear communication (referencing an NDA is a wonderful get out of jail card!), we can all take an educated guess.
  • So does anyone know when the Murders and Assassinations will be completed by?
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  • So any more updates about February being a good takeover month?
  • Redrobo said:

    One of the worst weeks ever as a Charlton supporter. Please sell so we can all move on.

    Believe me as shit as the last week has been. We've had so many worse, I feel it just Par for the course of being a Cafc fan.

    100% need owners that care even if only moderately wealthy. This impassé is impacting on every facet of this club.
    Even though some supportiers on CL don't think Duchatelet is being spiteful to fans by recent inactivity but Schadenfreude must exist in the mind of RD because if it was just money why would he buy a middle size London club that by his inept ownership is now a small London club in the first place ?
    Sorry sam, but are you now suggesting he bought Charlton, to deliberately diminish the standing of the club, in order derive pleasure from the misery of Charlton fans ?
  • Duchatelet reportedly paid £20m for us. That was in a higher division than we find ourselves now. Something is not right with the price he is asking for us given all the damage he has done. He may not have done it on purpose, but his incompetence was the reason.
  • Duchatelet reportedly paid £20m for us. That was in a higher division than we find ourselves now. Something is not right with the price he is asking for us given all the damage he has done. He may not have done it on purpose, but his incompetence was the reason.

    Maybe he really is a mad old plum and he enjoys our suffering. He has put us up for sale but has no intention of selling us.

    Obviously that is a pile of poo, he is just living on cloud cuckoo land.
  • Redrobo said:

    One of the worst weeks ever as a Charlton supporter. Please sell so we can all move on.

    Believe me as shit as the last week has been. We've had so many worse, I feel it just Par for the course of being a Cafc fan.

    100% need owners that care even if only moderately wealthy. This impassé is impacting on every facet of this club.
    Even though some supportiers on CL don't think Duchatelet is being spiteful to fans by recent inactivity but Schadenfreude must exist in the mind of RD because if it was just money why would he buy a middle size London club that by his inept ownership is now a small London club in the first place ?
    Sorry sam, but are you now suggesting he bought Charlton, to deliberately diminish the standing of the club, in order derive pleasure from the misery of Charlton fans ?

    Schadenfreude "now." a 3 letter word I left out but it made all the difference, but well done for your attempt at ridicule.
    No not 5 years ago when he bought Charlton on the cheap, at that time he still thought he had a great way to run football clubs with the network system.
    He was wrong.

    The revenge of Roland Duchatelet is unfolding before our eyes. You believe it's just money. I believe it's money plus, he is getting perverse pleasure from this impassé.
    His right man even admitted that certain things were said to stir up another bidder.

    Unless you can get a handle on the relationship between Roland and Katrien Miere: like a close father and daughter relationship you will never understand why I think spite/Perverse pleasure/ or Schadenfreude is NOW involved since she was forced from the club.

    Duchatelet's perception is she was forced from the club; before you get your tooth comb out , My view like many others was she was economic with the truth and poor at being a CEO and as usual was at the whim of an owner who pressured her into making rash decisions or carried out his bizarre decisions (Polish Pete instead of Yann)

    Most rich business people don't mind losing a few battles along the way as long as they win the financial war and come out on top at the end.

    This have become personal with Duchatelet and I'm amazed that all supporters can't see that.
  • What about C & A ?
  • cafcwill said:

    So any more updates about February being a good takeover month?

    I'll take that as a no then
  • seth plum said:

    Am I the only person to think that the future of Bowyer might be a more imminent question than the sale of Charlton?

    He'll get poached in the summer, then Jackson will take over.
This discussion has been closed.

Roland Out Forever!