This is the true RD the stubborn mean vindictive spiteful cold heartless bastd that made him a billionaire
NLA, well that's two of us who think he is getting perverse pleasure out of the situation. Other CL members don't. TBF they are intelligent fans(in some cases !) who go home and away. Why didn't he get rid otherwise when his muse left for 25 to 30 million which was apparently on the table with some small negotiations on monies owed to ex directors which must happen at other football club as well when they are being sold.
Duchatelet couldn't have got where he is today (net worth 500 million) if he didn't know when to buy and sell and cut your losses when need be and move on.
I smell a Rat.
He has to be enjoying it he has to be orchestrating every single false bit of info out there , some I know have not even surfaced on here but he has definitely been behind it and definitely made sure it went to the right people , he played Jim White as much as anyone else , he is used to having people like white dancing his tune and then cutting them off when it’s done, ruthless to the core he has to be that’s how you make yourself so rich
You also do it by knowing where every penny is spent and make the right cuts and changes when you need to , he won’t want to be losing the money he is each month , it’s definitely not irrelevant to him , but knowing he has the ultimate return on investment which is revenge he is enjoying too much , it will become about money sooner or later his boredom will creep in and his business brain will kick in but this could go on for another season or two yet in reality
I thought he sold Standard after STVV were promoted, he couldn’t own two clubs in the same division. I also thought Standard fans breaking into his office and threatening him was a few years before he sold them?
I asked in another thread but I don’t think anyone answered it - if it really is about revenge why fund the team as much as he has? Why not cut the budget even more, make the manager play the youth team and ensure we’re relegated? Or even just something in between.
Not investing money from a sale and leaving the manager with a squad short of a proven striker isn’t punishing us. It’s normal RD behaviour. The only difference now is he never spends money on transfer fees. We now have cover in every position, it’s the most balanced an RD squad has been in a while. If you believe there rumours we might even sign another striker on a free.
This isn’t that different than the Parkinson League 1 years. The takeover dragging on is frustrating but we could win the play-offs in May. A few different decisions by RD and things could be a lot worse. If RD thinks this is him getting revenge he’s not doing a good job of it.
There’s been so many rumours that a takeover is close that it doesn’t have the same impact on the fan base any more. Anger and frustration for a bit and then people move on and talk about the team again.
Roland seems to believe that the protesters are a small band of bitter ex employees and a few hot heads, whilst the vast majority are fully supportive of the Club etc.
I therefore don’t believe that his actions are in anyway intended to hurt or punish. I feel that he just sees football as the same as any other business, unfortunately it is a business he does not understand and has admitted as much.
He came into football to try and prove that a football club could make money developing and selling on players, but was totally clueless as to how you could possibly do this.
Sorry, clueless probably doesn’t really cover it. Crass stupidity, mental deficiency, pig ignorance, brainless arrogance, delusional egoism? Or just plain twat.
Because in league 2 his ability to get anything back at all is remote
Has he funded us at all , he sells players people say he trousers it but I don’t think he does the sales go towards the day to day running of the club, he then is happy to lose the amount he is having to put in
I think that if he would be paying a similar amount in profit taxes as he is to fund the loss then the decision is have enjoyment being a prick to us or pay tax
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
I assume he's convinced - due to ridiculous land prices in London - that he can still get his money back from a sale of the club. He's clearly not willing to lose any money on this venture and is barely funding us beyond what absolutely must be paid.
I'm sure I read that we've not paid a transfer fee in two and a half years.
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
I’m afraid the evil genius line doesn’t cut it with me because so many of the things he has done and said are so obviously stupid. If he wanted to punish people - presumably including the “super guy” Murray, or is he enjoying his own humiliation? - he could do a much better job and spend a lot less money in the process.
I’m not a tax expert but while you can use losses to reduce your tax liability I doubt if it’s that easy to wipe them out. He’s wasted tens of millions and that is what he is trying to get back.
Again you don’t employ one of the country’s leading law firms in order not to sell the club, neither are Jim White or others as gullible as you imagine to fit your version.
Also he’s 72. He has no political ambition or opportunity left and he was resoundingly thrashed when he tried that route. I do think he knows that.
The bloke can barely construct a coherent sentence and even allowing for English not being his first language his attempt to explain the situation on talkSPORT was meandering nonsense, as nearly everybody recognised.
When we ask questions like that, and they have been asked more than once, we are simply rebuffed with the NDA get out
Well then it's time to stop attending then.
The whole thing is a charade and by turning up, Swallowing this tripe and coming back for more is ridiculous.
Time to use your time and resource elsewhere.
That's kinda of what I was saying earlier about the need to change the dynamics of the relationship with LDT. He is essentially setting the agenda regarding what he wants to tell you and uses the get of jail card of the NDA when you want more specifics. In parallel RD can say to the EFL (as he has) that he has learnt from his mistakes in the past and is communicating with the fans, whilst actually telling them sweet FA.
If I was involved in the groups meeting due to meet LDT on 20th February I would get in touch with him now and advise that unless he is prepared to provide more specific info on a), b), c) etc, there is simply no point meeting as both his and the credibility of the supposed front-runner buyers is rapidly going down the shute.
I am not being naive here. As @carly burn says, this is becoming a charade. You can either attend and be prepared to be fobbed off, or try to at least alter the dynamics. And, if you did give advance notice to LDT of the type of specifics you want from the meeting on 20th February, share it at the same time with our great friend Jim White and put it in the best light possible before RD gets the chance to say that he is trying to communicate more and the fans are refusing to meet with LDT.
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
I’m afraid the evil genius line doesn’t cut it with me because so many of the things he has done and said are so obviously stupid. If he wanted to punish people - presumably including the “super guy” Murray, or is he enjoying his own humiliation? - he could do a much better job and spend a lot less money in the process.
I’m not a tax expert but while you can use losses to reduce your tax liability I doubt if it’s that easy to wipe them out. He’s wasted tens of millions and that is what he is trying to get back.
Again you don’t employ one of the country’s leading law firms in order not to sell the club, neither are Jim White or others as gullible as you imagine to fit your version.
Also he’s 72. He has no political ambition or opportunity left and he was resoundingly thrashed when he tried that route. I do think he knows that.
The bloke can barely construct a coherent sentence and even allowing for English not being his first language his attempt to explain the situation on talkSPORT was meandering nonsense, as nearly everybody recognised.
You continue to mention the country’s top law firm but have you any hard evidence of how much money has been spent and on what, if anything they have been tasked to do? And I’m not talking about hearsay from a friend of a friend.
As far as I can see potential suitors have only really scratched the surface despite what the Belgian and his representatives say. That wouldn’t incur much in costs from any law firm. I understand they may have been consulted when the initial decision was made to sell but I’m guessing a bulk of internal law matters could have been done by his own people. The idea that mishcon de reya's top brass are working around the clock to get this over the line are clearly unfounded.
I'm personally always open to other viewpoints and as I said have considered this very dilemma, however for now at least I will be attending even if its just to tell him what I think of his and Roland's actions. I don't think there are useful things I could be doing instead club wise, we have a wealth of riches in fans who do other things like @Airman Brown and co.
As for a positive effect for the regime, I don't think they give a toss, and mostly this is box ticking by the club under their EFL fan communication obligations. They could easily just produce a statement if its PR they want. With the FF however other probing questions can be asked, so I think over all it is at worst neutral at best somewhat beneficial.
What might be useful is to be fully briefed by others not attending who have information, and if anyone wishes to do that please feel free.
Also to add the FF meetings aren't all exclusively about the Takeover..
One thing I have considered is to ask if it is worth having dedicated meetings now until something tangible changes, because as others say and I agree with, these updates have become farcical.
This is the true RD the stubborn mean vindictive spiteful cold heartless bastd that made him a billionaire
NLA, well that's two of us who think he is getting perverse pleasure out of the situation. Other CL members don't. TBF they are intelligent fans(in some cases !) who go home and away. Why didn't he get rid otherwise when his muse left for 25 to 30 million which was apparently on the table with some small negotiations on monies owed to ex directors which must happen at other football club as well when they are being sold.
Duchatelet couldn't have got where he is today (net worth 500 million) if he didn't know when to buy and sell and cut your losses when need be and move on.
I smell a Rat.
Make that three. There’s something very odd about all this.
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
I’m afraid the evil genius line doesn’t cut it with me because so many of the things he has done and said are so obviously stupid. If he wanted to punish people - presumably including the “super guy” Murray, or is he enjoying his own humiliation? - he could do a much better job and spend a lot less money in the process.
I’m not a tax expert but while you can use losses to reduce your tax liability I doubt if it’s that easy to wipe them out. He’s wasted tens of millions and that is what he is trying to get back.
Again you don’t employ one of the country’s leading law firms in order not to sell the club, neither are Jim White or others as gullible as you imagine to fit your version.
Also he’s 72. He has no political ambition or opportunity left and he was resoundingly thrashed when he tried that route. I do think he knows that.
The bloke can barely construct a coherent sentence and even allowing for English not being his first language his attempt to explain the situation on talkSPORT was meandering nonsense, as nearly everybody recognised.
You continue to mention the country’s top law firm but have you any hard evidence of how much money has been spent and on what, if anything they have been tasked to do? And I’m not talking about hearsay from a friend of a friend.
As far as I can see potential suitors have only really scratched the surface despite what the Belgian and his representatives say. That wouldn’t incur much in costs from any law firm. I understand they may have been consulted when the initial decision was made to sell but I’m guessing a bulk of internal law matters could have been done by his own people. The idea that mishcon de reya's top brass are working around the clock to get this over the line are clearly unfounded.
The idea that Mishcon haven't been engaged in the sale of the club for more than a year is laughable, as many people know. They have handled the due diligence enquiries from multiple buyers and sets of solicitors, and there have been quite a few at the stage.
Inflating what has been said to the "top brass working round the clock" is a red herring. Why would he use the firm at all if he wasn't trying to sell? Meire even used them to conduct her "inquiry" into the Companies House resignation, much good that it did her.
Also to add the FF meetings aren't all exclusively about the Takeover..
One thing I have considered is to ask if it is worth having dedicated meetings now until something tangible changes, because as others say and I agree with, these updates have become farcical.
I agree. But it has reached the point in terms of any takeover talk is completely irrelevant, at least where the fans are concerned but it does give the regime an opportunity to lie through their teeth each month.
People outside and on here do see it as a possible route of information and are keen to know when the next meeting is as I have no doubt you’ve seen.
In any other circumstance I would say close communication with the club is positive. But in this circumstance it’s doing more damage than good imo.
Also to add the FF meetings aren't all exclusively about the Takeover..
One thing I have considered is to ask if it is worth having dedicated meetings now until something tangible changes, because as others say and I agree with, these updates have become farcical.
I totally disagree. These meetings bring the subject up again in the media, which I think is a real positive.
We do also get an update, it may not be dramatic but we have had snippets such as the British bid and the failure to deny the £70m asking price to a new bidder. I would rather have an update if only to confirm there are parties are still interested.
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
I’m afraid the evil genius line doesn’t cut it with me because so many of the things he has done and said are so obviously stupid. If he wanted to punish people - presumably including the “super guy” Murray, or is he enjoying his own humiliation? - he could do a much better job and spend a lot less money in the process.
I’m not a tax expert but while you can use losses to reduce your tax liability I doubt if it’s that easy to wipe them out. He’s wasted tens of millions and that is what he is trying to get back.
Again you don’t employ one of the country’s leading law firms in order not to sell the club, neither are Jim White or others as gullible as you imagine to fit your version.
Also he’s 72. He has no political ambition or opportunity left and he was resoundingly thrashed when he tried that route. I do think he knows that.
The bloke can barely construct a coherent sentence and even allowing for English not being his first language his attempt to explain the situation on talkSPORT was meandering nonsense, as nearly everybody recognised.
You continue to mention the country’s top law firm but have you any hard evidence of how much money has been spent and on what, if anything they have been tasked to do? And I’m not talking about hearsay from a friend of a friend.
As far as I can see potential suitors have only really scratched the surface despite what the Belgian and his representatives say. That wouldn’t incur much in costs from any law firm. I understand they may have been consulted when the initial decision was made to sell but I’m guessing a bulk of internal law matters could have been done by his own people. The idea that mishcon de reya's top brass are working around the clock to get this over the line are clearly unfounded.
The idea that Mishcon haven't been engaged in the sale of the club for more than a year is laughable, as many people know. They have handled the due diligence enquiries from multiple buyers and sets of solicitors, and there have been quite a few at the stage.
Inflating what has been said to the "top brass working round the clock" is a red herring. Why would he use the firm at all if he wasn't trying to sell? Meire even used them to conduct her "inquiry" into the Companies House resignation, much good that it did her.
I’ll say it again. They don’t. Only you it seems. And as you seem to know there have been multiple buyer enquiries would you care to mention who they have been by? If someone is willing to give you information on how many approaches there have been I’m pretty sure the same people would have mentioned who by.
One day you’ll put some meat on the bones you throw...if there is any.
Thing is @nth london addick you say he’s the cold hearted bastard that made him a billionaire. Cold hearted billionaire bastards don’t fund anything that costs them millions for no return. You can’t have it both ways ?
We don’t know how much this is costing him in real terms
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
Jim White or others as gullible as you imagine to fit your version.
One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.
What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.
One thing to consider is that the club now refuse to talk to the press about the takeover, saying that they will make any statement through the forum. This is all bollocks as far as I'm concerned, but the local press doesn't have the leverage any more.
What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.
Can CARD not get a seat at the table? I can see why the club wouldnt want them to, but if City Addicks can get a spot it seems ridiculous CARD can't.
i'm not convinced the aussies aren't a stooge outfit in cahoots with rd - probably not but i haven't ruled it out
They’re definitely not.
I'm not so sure.
Why would a group from the other side of the world let this drag on for as long as it has? It's nonsense . Which in turn fits the Duchatelet way of doing rhings I spoke to Gerard Murphy at length about his plans and the majority of it was laughable.
That's interesting, what are his plans and why laughable? Bit worrying if they do manage to break the deadlock.
What is damning and quite inspiring is that the one individual mentioned is so far removed from the general mood of the FF, he is also allowed to have his view but to say he is attacking others is an exaggeration, we would not let him get away with it I can tell you. Does he represent the view of his group? now that is an interesting question that perhaps someone should ask..
Also don't think its fair to suggest that the rest of the FF do not critique the club. It was good to have Ben the other day because he could re-ask some questions with a fresh viewpoint, but for example Ian also from Bromley asks similar questions as do I.
There is room for a more joined up approach though, and I've offered this for months now, but no-one has been in touch.
One aspect of the current situation at the club which is without doubt significant but seems to have been “accepted” by the authorities? and less talked about more recently by the fans is the fact that CAFC have not had and not sought to appoint a senior management team for what must be now.... How many months ? This is really a dereliction of responsibility by the owner that shows a contempt of the club. I am no expert in anything to do with company law but surely at some point the EFL have to question this or are they effectively toothless when a sole owner decides to run a football club in a fashion that flys in the face of all accepted and good practice. Perhaps one question for LdT might concern this aspect of the mismanagement?
Regarding this tax analogy thingy offset against losses
Disclaimer alert * I am no expert
I earn £100 have no losses elsewhere I pay £30 corporation tax leaving £70 then I pay £35 personal tax cos I’m a high earner = £35 in my pocket
I earn £100 but have £10 losses so 30% of £90 paid in corporation tax leaves me with £63 and I then pay £31.50 tax leaving me with £31.50
Or I pay an entrepreneurial relief in it and the £70 leaves me with £63 and the £63 leaves me with £56.70
So if the losses increase against winnings I will lose out more ....
Is this right because no way are his losses a scratch trade . He may be losing less than the hardcore number but it’s still a loss £10 cost him £3.50 at the higher tax bracket Or £6.30 at the lower end
Still losses of 35% (at the higher end of the tax bracket) or 63% (at the lower end of the tax bracket) on the original losses .
... I am so [moderated expression] tired of this situation. It’s causing me way more stress than it should half a planet away plus I’ve only been a fan for 20 years (17 of those in NZ) Can’t imagine what it’s like for lifelong local fans.
Could I just give you all a big imaginary hug. No comic effect intended - a genuine hug and I am thinking of you all. And a thanks to everyone who had done something to try and help the club get sold. While im At it thanks to All the mods:administrators of this site for giving us somewhere to gather.
One aspect of the current situation at the club which is without doubt significant but seems to have been “accepted” by the authorities? and less talked about more recently by the fans is the fact that CAFC have not had and not sought to appoint a senior management team for what must be now.... How many months ? This is really a dereliction of responsibility by the owner that shows a contempt of the club. I am no expert in anything to do with company law but surely at some point the EFL have to question this or are they effectively toothless when a sole owner decides to run a football club in a fashion that flys in the face of all accepted and good practice. Perhaps one question for LdT might concern this aspect of the mismanagement?
Of course we discussed this with the EFL. Their view is that as long as the rules around the competition are complied with (Chris Parkes) and the matches can go ahead on safety grounds (Mick Everett) there is nothing they can do, although they are well aware the club has no (non-football) management. They don't see that as something they can challenge providing it doesn't lead to a breach of their rules.
Comments
You also do it by knowing where every penny is spent and make the right cuts and changes when you need to , he won’t want to be losing the money he is each month , it’s definitely not irrelevant to him , but knowing he has the ultimate return on investment which is revenge he is enjoying too much , it will become about money sooner or later his boredom will creep in and his business brain will kick in but this could go on for another season or two yet in reality
I asked in another thread but I don’t think anyone answered it - if it really is about revenge why fund the team as much as he has? Why not cut the budget even more, make the manager play the youth team and ensure we’re relegated? Or even just something in between.
Not investing money from a sale and leaving the manager with a squad short of a proven striker isn’t punishing us. It’s normal RD behaviour. The only difference now is he never spends money on transfer fees. We now have cover in every position, it’s the most balanced an RD squad has been in a while. If you believe there rumours we might even sign another striker on a free.
This isn’t that different than the Parkinson League 1 years. The takeover dragging on is frustrating but we could win the play-offs in May. A few different decisions by RD and things could be a lot worse. If RD thinks this is him getting revenge he’s not doing a good job of it.
There’s been so many rumours that a takeover is close that it doesn’t have the same impact on the fan base any more. Anger and frustration for a bit and then people move on and talk about the team again.
I therefore don’t believe that his actions are in anyway intended to hurt or punish. I feel that he just sees football as the same as any other business, unfortunately it is a business he does not understand and has admitted as much.
He came into football to try and prove that a football club could make money developing and selling on players, but was totally clueless as to how you could possibly do this.
Sorry, clueless probably doesn’t really cover it. Crass stupidity, mental deficiency, pig ignorance, brainless arrogance, delusional egoism? Or just plain twat.
Has he funded us at all , he sells players people say he trousers it but I don’t think he does the sales go towards the day to day running of the club, he then is happy to lose the amount he is having to put in
I think that if he would be paying a similar amount in profit taxes as he is to fund the loss then the decision is have enjoyment being a prick to us or pay tax
I'm sure I read that we've not paid a transfer fee in two and a half years.
I get pleasure from sponsoring a boxer but one of the good things is that sponsorship shows before I pay tax and is a cost to the business , It doesn’t equate to the same amount of corporation tax that I pay but it does come off that figure before I pay it
I may be well wrong as I am trying to second guess a loonie but what if he would be paying tax to the equivalent of what he is funding cafc
He is no worse off and he is getting his own back
The whole thing is a charade and by turning up, Swallowing this tripe and coming back for more is ridiculous.
Time to use your time and resource elsewhere.
What would you prefer me do? Spend more time with my family perhaps?
I’m not a tax expert but while you can use losses to reduce your tax liability I doubt if it’s that easy to wipe them out. He’s wasted tens of millions and that is what he is trying to get back.
Again you don’t employ one of the country’s leading law firms in order not to sell the club, neither are Jim White or others as gullible as you imagine to fit your version.
Also he’s 72. He has no political ambition or opportunity left and he was resoundingly thrashed when he tried that route. I do think he knows that.
The bloke can barely construct a coherent sentence and even allowing for English not being his first language his attempt to explain the situation on talkSPORT was meandering nonsense, as nearly everybody recognised.
But you must ask yourself who is getting the most benefit out of these gatherings?
The fans or this tin pot regime?
If I was involved in the groups meeting due to meet LDT on 20th February I would get in touch with him now and advise that unless he is prepared to provide more specific info on a), b), c) etc, there is simply no point meeting as both his and the credibility of the supposed front-runner buyers is rapidly going down the shute.
I am not being naive here. As @carly burn says, this is becoming a charade. You can either attend and be prepared to be fobbed off, or try to at least alter the dynamics. And, if you did give advance notice to LDT of the type of specifics you want from the meeting on 20th February, share it at the same time with our great friend Jim White and put it in the best light possible before RD gets the chance to say that he is trying to communicate more and the fans are refusing to meet with LDT.
And I’m not talking about hearsay from a friend of a friend.
As far as I can see potential suitors have only really scratched the surface despite what the Belgian and his representatives say. That wouldn’t incur much in costs from any law firm. I understand they may have been consulted when the initial decision was made to sell but I’m guessing a bulk of internal law matters could have been done by his own people.
The idea that mishcon de reya's top brass are working around the clock to get this over the line are clearly unfounded.
As for a positive effect for the regime, I don't think they give a toss, and mostly this is box ticking by the club under their EFL fan communication obligations. They could easily just produce a statement if its PR they want. With the FF however other probing questions can be asked, so I think over all it is at worst neutral at best somewhat beneficial.
What might be useful is to be fully briefed by others not attending who have information, and if anyone wishes to do that please feel free.
One thing I have considered is to ask if it is worth having dedicated meetings now until something tangible changes, because as others say and I agree with, these updates have become farcical.
There’s something very odd about all this.
Inflating what has been said to the "top brass working round the clock" is a red herring. Why would he use the firm at all if he wasn't trying to sell? Meire even used them to conduct her "inquiry" into the Companies House resignation, much good that it did her.
People outside and on here do see it as a possible route of information and are keen to know when the next meeting is as I have no doubt you’ve seen.
In any other circumstance I would say close communication with the club is positive. But in this circumstance it’s doing more damage than good imo.
We do also get an update, it may not be dramatic but we have had snippets such as the British bid and the failure to deny the £70m asking price to a new bidder. I would rather have an update if only to confirm there are parties are still interested.
If someone is willing to give you information on how many approaches there have been I’m pretty sure the same people would have mentioned who by.
One day you’ll put some meat on the bones you throw...if there is any.
What should concern people is that there is a least one person going to FF meetings as a fans' representative and backing RD, while attacking people who criticise the regime. While that might represent a slither of Charlton supporters' views, there is no one regularly present who represents the other extreme and perhaps there needs to be.
Also don't think its fair to suggest that the rest of the FF do not critique the club. It was good to have Ben the other day because he could re-ask some questions with a fresh viewpoint, but for example Ian also from Bromley asks similar questions as do I.
There is room for a more joined up approach though, and I've offered this for months now, but no-one has been in touch.
Disclaimer alert * I am no expert
I earn £100 have no losses elsewhere I pay £30 corporation tax leaving £70 then I pay £35 personal tax cos I’m a high earner = £35 in my pocket
I earn £100 but have £10 losses so 30% of £90 paid in corporation tax leaves me with £63 and I then pay £31.50 tax leaving me with £31.50
Or I pay an entrepreneurial relief in it and the £70 leaves me with £63 and the £63 leaves me with £56.70
So if the losses increase against winnings I will lose out more ....
Is this right because no way are his losses a scratch trade .
He may be losing less than the hardcore number but it’s still a loss £10 cost him £3.50 at the higher tax bracket
Or £6.30 at the lower end
Still losses of 35% (at the higher end of the tax bracket) or 63% (at the lower end of the tax bracket) on the original losses .
Hardly quids in
Could I just give you all a big imaginary hug. No comic effect intended - a genuine hug and I am thinking of you all. And a thanks to everyone who had done something to try and help the club get sold. While im At it thanks to
All the mods:administrators of this site for giving us somewhere to gather.
Goodnight.