I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
So Roland says the club is free, and you only have to pay for the land.
So how much is the land worth, or how much does Roland think the land is worth?
I can't find accounts for the last financial year on companies house, but I can see the accounts for the year before. Under tangible assets a value of £42,347,000.00 is stated. Katrien Meire signed this off on 20/12/2017.
I might be totally misreading the accounts, and correct me if I am, but with the 7 million owed to former directors, and this valuation, your looking at almost £50,000,000 for the club.
Crazy
Didn't he say, paraphrased, 'the club is free, plus £20 million off the price of the assets"
That would bring us to £30 million and a ball park figure that has been used before?
The problem with graffiti is it pisses off everybody who lives and works in the area. Those fans may now find themselves considered as English football hooligans and now when they travel, drink, eat and stay in the area may find they're not so welcome anymore and Roland has gained some local sympathisers.
And what a nice reminder to any prospective buyers of what they can expect if they don’t pump millions into the club and buy instant success
That last bit just isn’t true though. Of all the protests I’ve been a part of, don’t recall any banners or chants demanding millions be pumped into the club or demanding instant success.
If they don’t pump in millions, what are they going to do to keep the club running, sell the premiership stars of the future ?; and if the team isn’t winning it won’t take long for fans to start moaning
I disagree. If Roland leaves and we get an owner who cares somewhat and actually puts some effort into running the club I think they will get patience and time, they certainly will from me. Our position proves just 1/2 more decent players and we would have a real shot at promotion. Yes we would need to spend a bit in the Champ but you can be a steady Champ team with the right structure. I think the majority of fans would accept that
I have to agree. While Duchatelet clings on to the valuation of c£50m probably anything more than £20m lock stock and barrel, this situation will remain unresolved.
Things are only worth what someone will pay for them.
Business losing £6m plus a year Crowds falling
Offered Price in 2018/19 £50m with £5m? debt League 1 Purchase price in 2013 £18m? (Duchatelet with very little due diligence) with £6m? debt Championship Purchase price in 2010 £1 by the 'spivs' with £6m? debt League 1
Something I have never got my head round is the "five current interested parties" we were informed about a month or two back.
Where have they all gone to?
If this disclosure was true, then why have they ALL walked?
There can only be one reason.....the price.
So why have none of these 'supposed' parties come out of the woodwork and stated Goldfingers asking price or at the very least make it known that it's totally unrealistic?
Someone somewhere is telling enormous porkies!
Maybe we should appeal to the EFL for their advice on the situation....?
Sadly, I think their hands are tied. If he has not broken any EFL rules and has not 'brought the game into disrepute' so to speak (although as far as I'm concerned he has) not sure they can do much, other than to 'advise' him to sell the club. But they can't force him to do that. Having said that, they won't be too happy about his comments regarding 'foreign' owners.
Something I have never got my head round is the "five current interested parties" we were informed about a month or two back.
Where have they all gone to?
If this disclosure is true, then why have they ALL walked?
There can only be one reason.....the price.
So why have none of these 'supposed' parties come out of the woodwork and stated Goldfingers asking price?
Someone somewhere is telling enormous porkies!
You've answered your own question there. It was a load of baloney to entice genuine buyers out of the woodwork. Wearing a bit thin now though that tale.
Is there anyone out there who is skilled in property valuation who might want to estimate what the market value of the land at the Valley and Sparrows lane might be without any planning permission for change of use ( and next to no chance of getting such planning permission in the foreseeable future) just to demonstrate that RD is bending the truth yet again. I do remember that have been some pretty dodgy valuations used in the accounts in recent times as well).
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Only a smattering of legal education but am perplexed about the NDA. Pretty sure if the Ozzies have walked away the NDA is over. No transaction is taking place, no consideration has changed hands. Why no word? Perhaps James can text Gerard?
If RD drops his price the deal is a new one and requires a new NDA.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I am guessing they were intrested of they could get it "cheap" reduce costs and make profit in the transfer market using the contacts they obviously had in the game. I would suggest that was a bullet dodged.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
"What was it that made you pull out of the negotiation with the egotistical, irrational, greedy twat?"
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I thought it was simply because he wanted too much.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I thought it was simply because he wanted too much.
So do I & I seem to vaguely remember them quoting a figure.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
Only a smattering of legal education but am perplexed about the NDA. Pretty sure if the Ozzies have walked away the NDA is over. No transaction is taking place, no consideration has changed hands. Why no word? Perhaps James can text Gerard?
If RD drops his price the deal is a new one and requires a new NDA.
It’s going to depend on what was in the NDA. I know ones I was subject to while I was doing DD 15 years ago are still in effect even though we didn’t go ahead with the purchase.
But it things like how much he wants wouldn’t be part of that. That’s him using the term NDA to avoid answering a question.
I am in no way ITK but someone I know at the club reckons RD turned a consortium down which included Varney for £35m + ex-director's loans this year. This person hasn't been the most reliable in the past. So, basically, move on, nothing to see here.
Interesting.
Did they say when this was or give any more info on the consortium.
That's literally all I know at the moment. Like I said, not the most reliable person in the past but thought it was worth sharing. I'm sure @Airman Brown has stated before though that Varney is not involved anywhere.
Thanks, just wish one of the many rejected bidders would go public, NDA or no NDA
Scottish group did
Good point. Does anyone remember the reason they pulled out ? Apart from the obvious RD is a knob reason.
We are stuck with the old scroat,just hope and pray we can get promotion,could be our only realistic chance of getting rid of him.
I think it's the opposite. Get promotion and Roland will ramp up the price. It will also confirm to him that football can be won without putting much money in .
So one of Roland’s deals involves him getting a further payment in the event of promotion (s). Hate the idea of anything other than a 100% clean break.
He’s basically a grasping, greedy individual with no class.
Comments
That would bring us to £30 million and a ball park figure that has been used before?
Our greedy, deluded owner wants too much for the club.
As such, we will continue to be Shitweaseled for the foreseeable future.
Bummer.
I'm sorry.
I personally cannot see any happy ending here. At all.
Considering how internally messed up the club is.....league position wise, we are not doing absolutely terrible.
That is the only positive to take.
It is unlikely we will be falling out of the football league and dropping down from league 2 into an abyss.
Other then that.
I have absolutely no idea what the future holds for Charlton Athletic.
We are owned by a creature that hates us. He is also an old man...that knows absolute f*ck all about football.
He is playing the victim and he also won't let go.
He doesn't make any sense about anything...and he got called out by Simon Jordan....the last person you would expect to want to intervene.
He is our foe....but he quite clearly cares a lot more about rational...about business and about football...then Richard Murrary ever has.
He is officially confirmed as a more dignified person then RM.
It's a sad sad time.
Things are only worth what someone will pay for them.
Business losing £6m plus a year
Crowds falling
Offered Price in 2018/19 £50m with £5m? debt League 1
Purchase price in 2013 £18m? (Duchatelet with very little due diligence) with £6m? debt Championship
Purchase price in 2010 £1 by the 'spivs' with £6m? debt League 1
Do the math
Sadly, I think their hands are tied. If he has not broken any EFL rules and has not 'brought the game into disrepute' so to speak (although as far as I'm concerned he has) not sure they can do much, other than to 'advise' him to sell the club. But they can't force him to do that. Having said that, they won't be too happy about his comments regarding 'foreign' owners.
If RD drops his price the deal is a new one and requires a new NDA.
Apart from the obvious RD is a knob reason.
But it things like how much he wants wouldn’t be part of that. That’s him using the term NDA to avoid answering a question.
I think it's the opposite. Get promotion and Roland will ramp up the price. It will also confirm to him that football can be won without putting much money in .
He’s basically a grasping, greedy individual with no class.